Full Show Podcast: 30 October 2025

On the Mike Hosking Breakfast Full Show Podcast for Thursday the 30th of October, it's voting day for Fonterra as to whether they will sell the company's consumer arm.

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Voice actor Nolan North on the boom of the gaming industry and his many and varied roles.

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Episode Transcript

Speaker 1 (00:00):
Opinionated, informed, unapologetic if the mic asking breakfast with the Defender,
embraced the impossible news togs dead, be body and.

Speaker 2 (00:08):
Welcome today Fontira's big vote. Do they sell or not?
We're going to mess it. I'm sure investment to tell
you about in our energy sector, a scrap over migrant
v Local labour, rods and Britain. Joe is in Italy
as well, PASKI. Welcome to the day, seven past six
Fontier Day to day. Of course, vote closes to sell
or not to sell, to collect o before billion, or
to carry on as is. Gut seems to be similar
to the Alliance vote the other week, although both scenarios

(00:31):
could not be more different. Of course, Alliance in a
pile of fiscal trouble and as a fortune Fontira laughing,
the vote needs fifty percent plus one. I'd be astonished
if they didn't get it and buy some margin and
a piece. I read this week it was suggested this
whole thing has flown a bit under the radar, with
even Winston Peters Lake to the party. Now, I'm not
sure that's true. We've talked about it a lot on
this program, although in general terms I did think to

(00:52):
myself yesterday, to my dismay. A lot of the media
coverage these days focus is on the clickbaity here and now,
as opposed to the broader issues that will affect us
on an ongoing basis. So maybe the author was right.
Each farmer on average will collect about four hundred thousand
dollars tax free. The counter is you're giving away brands
that are part of New Zealand fabric, and if patriotism
was a greater player in our collective psyche, we may

(01:14):
be having a different conversation. It's an odd sale. I mean,
farmers are laughing. These are the golden days. The consumer
side of Fonterra, the bit they want to sell is
actually doing fine. This isn't a stress sale or for sale.
It's an opportunistic sale, a kind of what the hell
why not? Sort of sale. In all honesty, although I'm
against it, I can tell you I am am I

(01:34):
so against it that if I was a farmer and
four hundred thousand dollars was arriving a mailbox, I'd still
feel the same. And owning so part of business and
owning a company is at some point there's got to
be a return and given what Fontira has been through
these past few years. It's a big call not to
cash and with the going's good, I would have thought
it wasn't that long ago. Never forget that Fonterra was
all over the place. They were invested in any number

(01:55):
of hair brain schemes, and demand for the powder wasn't
what it is right now. Right now, things have been
tied up. The ship is right and the window is good.
So today we'll see a solid, yes, a mess of
payday and maybe some fingers crossed that we don't in
the ensuing years talk about regrets.

Speaker 1 (02:12):
News of the world in ninety seconds.

Speaker 2 (02:14):
So Molsta came on through Jamaica, believe it or not.
Not all tourists got out.

Speaker 3 (02:18):
It is founding.

Speaker 4 (02:20):
The windows broken, a lot of water's coming in.

Speaker 5 (02:24):
So we're just basically pushing that travels and stuff at
the doors that's comin on the level of nine intradiculous.

Speaker 2 (02:33):
There's a lot to take care of today. Of course,
it is not going to.

Speaker 6 (02:35):
Be Uneasier or Jamaica. We have seen the extent of
the damage. It is going to take a lot of time.

Speaker 2 (02:46):
Volunteers are on the way.

Speaker 7 (02:47):
Most of the houses in Jamaica they're not built properly
for hurricanes.

Speaker 5 (02:51):
So we're worried about the people in Jamaica as much
as Jamaica can get fees sent help.

Speaker 2 (02:57):
Then in Britain, P and Q is awesome. As the
hit goes on the government, I know the promise on
text that they're about to break in the budget.

Speaker 5 (03:02):
Tiners, and we know that he'd rather dip into people's
pockets than upset those people behind him instead of tax rises.
Will he work with us to find a way to
cut welfare spending and get Britain working again?

Speaker 2 (03:17):
He did his best.

Speaker 8 (03:18):
Retail sales are higher than expected, exploration is lower than expected.
Growth has been upgraded this year and mister speak of
the UK stock market.

Speaker 9 (03:30):
Is at an all time high.

Speaker 2 (03:32):
Lipstick on a pig, my friend. Then on the road,
the Trumpsters kind of deal with Japan, another with Korea,
but as deal with Israel might be having some issues already.

Speaker 9 (03:40):
They have to be here there on the rough side
when they said they would be good, and if they're good,
they're going to be happy.

Speaker 3 (03:48):
And of dead, not good, they're going to be terminated.
Their lives will re terminated.

Speaker 2 (03:53):
Arley and Apple yesterday hitting the full trillion mark the
as well well, so yesterday, because today I can inform
you that in Nvidia's cracked f as in trillion, obviously
the first company ever to do that. It only took
them three months to go from four to five, thirteen
months to go from three to four. So that is
news of the world and bubbles in ninety. The apploymenttion
deal that Trump did, by the way, with South Korea

(04:13):
looks good. Actually, they agreed to reduce the reciprocals are
from twenty five to fifteen, and South Korea are the
three hundred and fifty. That's not that different. I mean
the twenty five to fifteen is the change because South
Korea already promised the money. But the three to fifty
billion they promised initially to invest in America is broken
down to two hundred billion in cash and one hundred
and fifty billion in shipbuilding. So I guess that's a
win for Trump. Eleven past six.

Speaker 1 (04:36):
The Mike Hosking Breakfast Full Show podcast on iHeartRadio how
It My News Talk Zippy.

Speaker 2 (04:44):
A couple of hours ago, GM said they're laying off
another seventeen hundred people at sites in Michigan, Ohio, what
are the problems the problems are evs. Do you think
the government around the world is going to eventually get
to the conclusion that we've caused too much carnage job
wise in the car industry and they might want to
think about some of the rules and regulations.

Speaker 10 (04:59):
Fourteen past.

Speaker 2 (05:02):
I'm sure and partners. Andrew Callahan, good morning, very good
morning man. Tell you what that inflation numbers are happening
to be watching Sky Television when that came out yesterday,
and that's a lot hotter than they expected. And I'm
assuming that before Michelle next week?

Speaker 6 (05:15):
Is it?

Speaker 11 (05:15):
Yes, very very much hotter than expected. So Australia now
well entrenched in the three percent plus club on inflation.

Speaker 10 (05:23):
So yeah, place numbers are released yesterday.

Speaker 11 (05:26):
Just an aside of Australia, they're moving to a month
release of inflation. They're moving away from quarterly reporting. November
will be the first the first cut of that for
the October month. Like I've been in Australia this week,
I've been at a CBO Global Markets conference and talking
a lot about bond markets and interest rates. There's a
lot of optimism in Australia that the economy there seems

(05:48):
to be really recovering, or they believe it's going to
really recover into twenty twenty six. The regional areas placed
like Queensland going gangbusters. The export markets are holding up.
One of the key takeaways though, was there's just so
much global capital looking to invest into the lucky country.
At the moment, there was sixty countries represented at this

(06:08):
Global Markets conference. But this CPI data released yesterday year
has poured a little bit of cold water on their
rate car hopes.

Speaker 10 (06:15):
So here's the headline numbers. Caught on quarter one point.

Speaker 11 (06:18):
Three percent, It was already expected to be high at
one point one, quite a bit higher and year on
year three point two percent, and it was expected to
be three percent, and the trimmed meme which is what
the Reserve Bank looks at, that was came in at
one point eight. Expected in three percent for the year
on year, which is two point seven now. Interestingly, Mike,
on Monday night, actually as part of the conference that

(06:38):
I was at, Michelle Bullock spoke at.

Speaker 10 (06:42):
An economist's dinner.

Speaker 11 (06:43):
She was asked what would be a material miss and
she said about point three percent away from where they
expected was two point six.

Speaker 10 (06:50):
That point nine.

Speaker 11 (06:51):
It was higher than that, so clearly well outside RB expectations.
So if you're looking for the Quinnella next week on
Tuesday for Melbourne Cup party, twenty five basis point rate cut,
I think you are going to be disappointed. So rate
cut expectations now dashed. In fact, if you look forward
looking now you look further beyond that, there's now barely
a rate cut fully expected until much later in twenty

(07:13):
twenty six. Interestingly, Mike, they've got similar issues to us
on inflation, electricity nine percent quarter on quarter, gas, other
household fuels six point seven percent quarter on quarter. Property
rates that sound familiar six point three percent quarter on quarter,
So look similar issues to us.

Speaker 9 (07:31):
There.

Speaker 11 (07:31):
It pushed their short term rates up quite a bit,
and that sort of one to three place Australian dollar
also rallied against the US dolar. That dragged the key
we up as well, Mic, and two weeks ago zero
point five to six eight zero against the US on
the key, we's now at fifty eight cents, So big
day for them.

Speaker 2 (07:47):
She is impressive in person, as she seems to be
on the telly.

Speaker 11 (07:50):
Yes, measured, measured sort of careful, she responds. She responds
sort of, I suppose calmly.

Speaker 10 (07:58):
Which is very good for a reserve.

Speaker 2 (08:00):
Speaking of central banks at seven o'clock this morning. A
so it's a cut.

Speaker 11 (08:03):
I'm assuming yeah, broad consensus the Federal Reserve will drop
FED funds rate by twenty five basis points. I think
the key points of interest for the market will be
signals or guidance of what happens next, you know, future
path of rate cuts. A couple of high level comments, Mike,
it seems the labor market is sort of gaining some
priority in FED thinking.

Speaker 10 (08:20):
And remember the FED has a dual mandate. It's not
just inflation.

Speaker 11 (08:24):
That recent weaker CPI print in the US probably plays
into that thinking of labor market priority over inflation. But
there's a big lack of data at the moment because
the government's sut down, so a little bit in the dark.
But Mike, here's the thing. Do you think the Fed's
attention is going to be drawn to some of these
recent announcements about these workforce cuts? Amazon fourteen thousand people

(08:46):
being cut from the labor force because of what AI
AI efficiency, So as they roll AI out they.

Speaker 10 (08:52):
Need fewer people.

Speaker 11 (08:53):
That trend will probably accelerate so I think concerns about
the labor market have probably got some they're probably well founded.

Speaker 9 (09:01):
And then we got all this.

Speaker 2 (09:02):
I mean it's it's sort of because it's sort of
circus like, isn't it nowadays? Microsoft and Google and Ai
and open Ai and chips and and video and trillions
and billions, and I mean it's crazy.

Speaker 11 (09:13):
It's hard to keep up as it. So we've got
three of the big tech companies reporting. I think Greg
yesterday talked about all the deals going on at the moment.
So you've got you've got Google, Microsoft, Meta. I think, Mike,
here's the thing. If you want to sort of cut
through all of that hype, what I reckon you got
to do just concentrate on earnings. Earnings are real earnings

(09:33):
you need, and these companies will need to meet the expectations.
When they stop meeting expectations, that's when some of the
pressure comes.

Speaker 10 (09:40):
Out of the bubble.

Speaker 2 (09:41):
I think, all right, numbers please.

Speaker 11 (09:43):
Forty and thirty three on the Dow Jones. It's up
to two hundred and twenty seven points Caterpillar overnight, that
share price up twelve percent overnight. Massive company s and
P five hundred and sixty nine oh nine up eighteen
points that's about quarter percent, and the Nasdaq twenty three thousand,
nine hundred and sixty up a point.

Speaker 10 (10:03):
Five six percent, so all good there.

Speaker 11 (10:05):
The Forts one hundred ninety seven five six up point
six one percent overnight. The NICK eight has been on
fire fifty one thousand, three hundred and seven. It's up
over one thousand points two point one seven percent, showing
how Compsett gained point seven twenty.

Speaker 10 (10:19):
Eight points four h one six.

Speaker 11 (10:20):
The OSSI has reacted negatively yesterday to that CPI number.
Their share market down just under one percent eight nine
two six to close there and small move on the
ends next fifty, but ens them doing very well. Yes,
I have seven thirty thousand, four hundred and nine there
Chewi dollar point five to seven nine six against the
UT point eight seven sixty six against the Ossie point
four nine seven to Euro point four three eight one

(10:43):
pounds eighty eight point one nine Japanese end gold weaker
three thousand, nine hundred ninety four dollars Brent crude sixty
five dollars and ten cents.

Speaker 2 (10:51):
You have a good one. We'll catch up tomorrow. Andrew
Keller has sure and partners skill always come to the party.
Are their wealth fund their SOEBN wealth fund. Five point
eight percent growth in the quarter. That's a one hundred
and three billion dollar profit. Equity investments make up seven
points semblance return makes up more than two thirds of
the portfolio. It's worth over two trillion dollars now. Set

(11:13):
up in the nineties. These days they're into seventy countries,
almost nine thousand companies. It's one of the great sovereign
wealth success stories. Coming up six twenty one here of
news talk zbo.

Speaker 1 (11:27):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by News talksb.

Speaker 2 (11:34):
Dutch. Of voting as we speak, which you'll go hang on.
Didn't they vote relatively recently? And it seems relatively recently
because the last time they voted, of course, they couldn't
get a government together because Wilda's won, but no one
wanted to work with them, so that was a problem.
So all of a sudden we're having another vote. Housing shortage,
massive housing problems in Holland, overcrowded asylum centers. It's the
oldest youe. Cost of living that's the same everywhere in
the world. Vilvera's probably is going to when they're going

(11:56):
to be going until about eight or nine o'clock this
morning our time. The talk is really it's more important
who comes second, because this time the difference is everyone
has said there's no way in the world we're working
with Builders, So he may well win, but that doesn't
sort of matter. It's a weird thing. So race is
wide open. There as many as fifteen parties are going
to get a share. It's only one hundred and fifty
seats in the Parliament, so fifteen parties could get messy.

(12:19):
Four are in the lead basically or will stand out.
Builder's PVV. There's the Green left Labor, there's the Liberal
D sixty six and the center right Christian Democrats. The
your top four parties, so how they fare will determine
how it all unfolds, if it doesn't unfold like it
did sort of last time as a complete nutter mess
six twenty five.

Speaker 1 (12:40):
Trending now with chemist Well's keeping Kiwi's healthy all year.

Speaker 2 (12:45):
Round and Guspin sent me anything too. He's got a
new film out. He did good Will, Hunting and Milk,
both of which I saw, one of which I liked,
one of which I didn't. He's only done a couple
in the last decade. Last one was twenty eighteen. So
what have we got? We got dead Man's Wire. It's
based on the kidnapping in the nineteen seventies in Indiana
bloke who was convinced his mortgage broker wanted his house

(13:06):
when he refused to give him extra time to pay,
so he kidnapped him, held him hostage for sixty three hours,
made a number of cours to the local radio stations.
This is on air now, but it's been recorded.

Speaker 1 (13:17):
Talk to me, I'm not a rich man.

Speaker 7 (13:21):
I'm a poor man, and that never bothered me.

Speaker 2 (13:25):
But these people betrayed me, These.

Speaker 1 (13:28):
People who were in common folk.

Speaker 12 (13:30):
Give him a taste of the American dream and.

Speaker 13 (13:32):
They're spinning right, Hey, Tony, I'm a man that's fighting
for everything that he owns, sir, and I'm not going.

Speaker 9 (13:40):
To be intimidated. You're humiliated by anyone, all right.

Speaker 13 (13:46):
I want a written agreement, I want my debt forgiving,
I want an apolecy, and I want to walk out
of here a free man.

Speaker 1 (13:59):
Now.

Speaker 2 (13:59):
Bill Scott didn't we mention him yesterday other day before,
So that's another one. He's done. Coleman, Domingo and El
Pacino anything else than Iman select theaters Jen nine. I
don't know why they do this. Maybe it's a bit
indie and they give it a whirl and what goes
to all the other theaters on the sixteenth of January,
So if you can't get to one of your selected

(14:20):
theaters on the ninth and they.

Speaker 14 (14:21):
Put it out and select theaters so they can enter
the awards because the awards have they say that you
can't just enter if you're a streamer.

Speaker 4 (14:28):
That's why.

Speaker 2 (14:28):
Well, no, they're not streaming because it goes to all
the theaters on the sixteenth, So why don't you just send.

Speaker 1 (14:33):
It the deadline involved?

Speaker 2 (14:35):
Do you think that's what it is? Yeah, okay, are
you going to go?

Speaker 1 (14:40):
No?

Speaker 2 (14:40):
I never go to the movies.

Speaker 15 (14:41):
I don't like it.

Speaker 9 (14:41):
No, mean many of it.

Speaker 2 (14:43):
Something you and I've gotten comment is that a pist?
I mean it's a pist.

Speaker 9 (14:47):
I mean we're both grumpy and old.

Speaker 2 (14:50):
Yeah, but that's a natural thing. But that's not an
attitude thing, is it? It might be related, could be
related news for you in a couple of moments. Then
Andrew Hoggart on some new biodiversit or buy security rules
in this country. Might also ask them about Fontira.

Speaker 1 (15:04):
You're trusted home for news, sport, entertainment, opinion and Mike
the Mic asking Breakfast with Bailey's real estate finding the
buyers others can't use togs.

Speaker 2 (15:16):
Head be those an at leastion outdates is shortly twenty
three minutes away from seven back home we got new
buyo security measures. The idea is to protect the food
and fiber sector. Is the food and fire the sector important?

Speaker 9 (15:25):
You bet?

Speaker 2 (15:25):
It is forecast hit sixty one billion in export revenue
next year. That'll be ten percent of GDP. So the
change is what are they doubling border declaration finds to
eight hundred bucks penalties of up to five hundred thousand
dollars for behavior that puts New Zealand at risk. New
import health standards to support innovation as well. Andrew Hogart
is the Minister for Biosecurity inuinners with us Morning What

(15:45):
Ike the border business? How much of that's idiots versus crooks?

Speaker 7 (15:51):
I think most of it, or a good chunk of
it's probably people who mistakenly left a sandwich in their bag.
That's certainly a lot of the emails I get to
my office pleading to be let off their four hundred
dollars fine, which generally gets a big no. But there's
a few people who just deliberately, quite frankly. They probably
know the rules, but they decide they want their favorite

(16:12):
thing from somewhere else in the world and they try
and sneak it through. And that's the sort of stuff
that can really put our country at risk. And we
need to deter that.

Speaker 2 (16:20):
Are we at risk and are these deterrents or as
monitoring the real answer or more monitoring the real answer.

Speaker 7 (16:27):
Well, look at all of the above. You know we
need to do the monitoring. We need to have the
deterrence in place. You know, it's so critical we keep
diseases and pests out of this country. You know, we
did the work recently around what would foot and mouth
cost this country and absolutely huge I think it was
to fifteen percent of GDP, massive numbers. And you know

(16:50):
this really matters to New Zealand where such our primary
sector is so lucky that we are effectively in Ireland
and we're able to keep out diseases and pests that
we just don't have to worry about other parts of
the world.

Speaker 2 (17:03):
Do the behavior that puts New Zealand at risk? What
what actually is that and how would that translate eventually
to five hundred thousand dollars.

Speaker 7 (17:11):
Yeah, well that would be a you know, a company
organization that decides it wants to break the rules and
bring in some new seed or plant material without going
through the proper rules and try to sneak it in. Really,
that would it's always a possible threat. We do have

(17:32):
it going the other way, the infamous gold Key fruit
into China. That's sort of someone came here and stole
some stuff and sent it over there. We had a
prosecution i think last year where someone had deliberately brought
in type of grape or something.

Speaker 2 (17:48):
To do with winery cutting.

Speaker 7 (17:51):
Yeah, yeah, yeah, So these things do happen, and it's
you know, realiant. You know, there's a disease going through
Italy at the moment that's wiping out the olive trees
and so that's the sort of stuff that we want
to keep print from damaging our horticultural pastoral sectors.

Speaker 2 (18:10):
Good border security, as we said here this morning, as Minister,
how confident are you that we're doing a top level,
gold standard job and we're good to go.

Speaker 7 (18:19):
Look, I think we're doing an excellent job. I've seen
with some of the responses, particularly the fruit fly. I
was really impressed with how the team was able to
respond and the plans were in place and just everything
happened like clockwork. The third flu outbreakdown and itago last year.
You know, the team had everything in place over a weekend.

(18:41):
You know, most people's expectation of government departments as they
knock off at four o'clock on a Friday. These guys
worked all weekend, had everything ready to go Monday. Well,
you know, things are already in place on Sunday. So
you know, I think they're excellently. We can always do
stuff better, but you know we're starting from a pretty
high bar.

Speaker 2 (18:58):
How big a buzz in the community is they're about
Fonterra today.

Speaker 7 (19:03):
To be honest, they haven't heard too much from other farmers.
I think everyone's other dairy farmers I talked too. They're
just sort of taking it all in. Possibly if where
they made their minds up. And yeah, not a lot
of chit chat. But unlike the Alliance deal, where you
had quite a bit of talk happening amongst farmers that

(19:24):
are affected. There I haven't picked.

Speaker 3 (19:26):
Up a lot.

Speaker 2 (19:26):
This has got a foe gone and all over it.

Speaker 12 (19:30):
Quite possibly, Yes, all right mate.

Speaker 2 (19:31):
Nice to talk to you appreciate Andrew Hoggard, Minister for Biosecurity,
Mike to Pontira sale. The actual return would be very
small of any, taking into account of shares, purchase payout, retentions, inflation.
A lot of the investment made over the years was
ego driven by numerous CEOs and directors. I guess, but
it's going to be an interesting day. Nevertheless, I mean
you must not underestimate the impact of four billion dollars
to the New Zealand economy. Of course. Nineteen to two, The.

Speaker 1 (19:54):
Mike Hosking Breakfast Full Show podcast on iHeartRadio, carlett By
News talks.

Speaker 2 (20:00):
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the Fontira farmer shareholder boat to sell, which they have
the absolute right to do. And the next time they
have a weather storm issue like down south, which is
a risk and cost of doing business, then let them

(21:06):
stop expecting the taxpayer to bail them out. They should
be treated just like any other industry makes you're part
of a collective. I don't know where it's come from,
but I've noticed over the years there's a theme that
every time farmers need assistance in some way, shape or form.
They're sort of shunned by the rest of the country.
It's a weird, weird attitude. As an anchor franchise, we're
hoping for the new brand's owner to improve things. There

(21:27):
are a nightmare to deal with currently Tiptop loved the
new owners a lot less bs to deal with. Mike,
with you on the Fontier deal short term view unfortunately,
Thank you.

Speaker 1 (21:37):
Daniel International correspondence with ends and eye insurance. Peace of
mind for New Zealand business in Italy.

Speaker 2 (21:44):
Joe, how are you feeling pretty good?

Speaker 6 (21:46):
Mike?

Speaker 16 (21:46):
Coming you.

Speaker 2 (21:47):
I'm extremely well now the Hungarian pea. I went out
for Italian last night, by the way, a new Italian restaurant,
and it was beautiful. I had some salt and pepper prawns,
and I had some muscles in an ink type liquid,
and I had some spagatata as they say, just absolutely malicious.

Speaker 16 (22:06):
I hope they were local, not prom Italy.

Speaker 9 (22:07):
It would have been a long way.

Speaker 2 (22:08):
Away, would have been. Now listen to are this Hungarian
p and what's he doing there? Is he talking in
the Middle East?

Speaker 9 (22:14):
Well, he has been.

Speaker 16 (22:16):
Victor Auban, of course, is a great ally of the
Italian Prime Minister Georgia Maloney. They seem to line up
very closely politically. They've been talking about the Middle East,
Ukraine and the EU. Interesting to see that he's very strong.
He's a very strong critic of the EU, saying it
counted for nothing in efforts to resolve the Ukrainian conflict.

(22:39):
And I think Maloney's been very much more cautious about
how she responds to that sort of comment. And he's
saying that he wants to negotiate with Trump to end
the recent sanctions imposed on Russian oil because of course
the Hungarians depend.

Speaker 9 (22:53):
On that oil.

Speaker 2 (22:54):
Are they aligned him and her?

Speaker 16 (22:57):
Look, they are pretty much, but as I said, they
don't really in line up in the same way on Ukraine,
and she is very much in the EU camp when
it comes to taking a stance on standing up for Ukraine.

Speaker 2 (23:10):
I think we talked about this the other week, didn't
we This tax of Asian thing? Thought? I thought tax
of Asian in Italy was just a way of life
and you sort of didn't pay tax and if they
caught you then then good luck to them. But it's
getting worse. Yeah, I mean, there is plenty of that.

Speaker 16 (23:25):
You tend to think that it is part of the culture.
I thought they were clamping down on it, but the
latest government data shows that the period just before Maloney
took office in twenty twenty two, that the rate the
crackdowns are not working, and the estimated amount of mixed
miss taxes and social contributions rose by about three billion
euros to a total of one hundred and two billion euros.

(23:48):
That's around two hundred and five New Zealand billion dollars.

Speaker 2 (23:52):
Wowsers. Is tax and Italy complicated or is it just
people who simply don't want to pay?

Speaker 16 (23:57):
I find it very complicated, and I think it's if
you're a permanent worker, if you've got a fixed contract,
particularly in a government position, a lot of your money
goes out the door without even any control over it.
I think people who run their own business, even though
there are many challenges, can somehow sidestep some of the taxes.

Speaker 2 (24:17):
It's interesting this, AI think that you got going with
this naked. You know, it's all over the world. We've
got a bill in Parliament that was pulled recently from
a person who saying we've got to do something about it.
I just can't work out what we're going to do
about it?

Speaker 16 (24:29):
Yeah, exactly. Italian police have launched an investigation.

Speaker 2 (24:32):
What does that mean.

Speaker 16 (24:33):
It's a website featuring naked images of famous Italian women
generated by artificial intelligence. Some of the images include Italian
stars like the screen legend Sophia Laurn and the influencer
Kiara Ferranuo has a very high profile. The website's called
Social Media Girls, and people pay to construct erotic and

(24:59):
pornographic images on that site.

Speaker 2 (25:01):
It's a sad and sick old world, isn't it.

Speaker 1 (25:02):
Now.

Speaker 2 (25:02):
This skiing thing fascinates me. We've got a similar issue here.
So in certain parts of the country we're not getting
the snow we used to get to. Skiings become a thing,
and snowmaking has become a thing and all that sort
of stuff. Is that part of the reason why the
ski passes there are up so much or not.

Speaker 15 (25:15):
I hadn't really.

Speaker 16 (25:16):
Thought of it from that point of view, Mike, but
that's a good point. I think it's more that the
particularly the Dolomites up in the north of the country.
I think they're looking to cash in on the Winter Olympics,
which we'll see beginning in February. Twenty twenty six, and
so access to some of the resorts up there are
very pricey eighty six euros a day that's double of

(25:37):
course in New Zealand dollars and thirty three six hundred
New Zealand dollars for a ski pass for the season.

Speaker 2 (25:44):
Cheeze. You want to be passionate about it, wouldn't you'
nice to see you, Joe. You have a good week, Monk.
Thanks next week, appreciate If I get time later on
the program, I'll tell you about last night's dinner experience.
Not the dinner because you couldn't care less, but we
happen to get chatting to the owner. This is a
new place and I've become endlessly fascinated with hospitality because
in general in this country we've got this duer mood

(26:05):
and I think I've cracked it. And I've said this
before on the program. I think that the association, the
people who sort of sprook or advocate on behalf of
the industry deal in averages and that is the problem.
Because what I got some interesting insights. So more on
that late nine minutes away from the Myke Costing breakfast.

Speaker 1 (26:21):
We're the defender and use togs deadbs next.

Speaker 2 (26:23):
Point on Fontira. So far this morning might read the deal.
So far Miles hasn't put a foot wrong. At some point,
you need to back the people you put in charge
of your business to make decisions for your business, well said.
When I started farming twenty years ago, we were calling
from volunteer to make a basic product, to sell a
basic product. You don't need to own the world to
sell the world, well said, nicely put Miles could run

(26:44):
the country as far as I'm concerned. Now, performance sentiments
are related matters. From BDO this morning six months six
monthly survey, forty eight percent of business leaders feel positive,
which means fifty seven percent don't. Thirty five percent of
business leaders felt positive about their current financial So that's
only thirty five so that's not good. More than five
hundred and thirty businesses take part in this particular survey.

(27:05):
Tourism the biggest decline and positivity, followed by retail, followed
by construction, agribusiness of course, laughing, fifty six percent of
those expected to feel positive about their performance in six
months time. Now the problem with that, you go, oh, well,
that's the majority. Problem with that is six months ago
was sixty six percent, So I don't know what we

(27:26):
read into that, because I'm feeling good about twenty six.
These guys aren't five minutes away from seven.

Speaker 1 (27:33):
Well, the ins and the ouse. It's the fizz with
business fiber take your business productivity to the next level.

Speaker 2 (27:40):
Also get you through Kelly ek Old Westpac's note on
the economy for next year. He's got some interesting things
to say, but I'll need to do that later because
right now, House of Travel have given me some data
about where we're going, where we've been traveling. The first
thing is we are traveling, so what cost of living crisis. Australia, Europe, Asia,
fig the US and Canada are the top booked destinations
for this year. Asia's the fastest growing bit affordable money

(28:04):
actually go somewhere. Japan. This is where it gets weird,
Like I'm super suspect about this stuff. Japan's cruise ship market.
We've never made as many Ford bookings for the Japanese cruisers.
I mean what, I don't even know Japan had a
cruise market. So anyway, we can't get enough of it. Northland,
where'd you go? Northland? The cooks and this is the

(28:26):
other suspect. Obviously the cooks had a sale on this
year and your book seven days and the cooks, and
they gave you a free coconut drink and a ride
on a scoot around the island or something. Because Northland
Cook's sales went up thirty six percent. Australia up seventeen,
Europe up eight, Auckland we loved, Fiji up twelve, Asia
up nine, Europe up four? Why catto? Asia up twenty five,

(28:48):
it's going on there by a plenty, Cook's up thirty one.
It was a sale, wasn't it. Towering You went down
to the local travel agent, you went what's good and
they went to the cooks. Taraanaki, Manawatu. Australia's up eight,
Asia up seven, Hawks Bay Cooks up fifty eight. Wellington
you love the cooks, mind you? If I lived in Wellington,
I'd love anywhere, Just kidding Wellington. Cork Island's up twenty three, Nelson,

(29:12):
Cork Island's up forty three. I mean, honestly, Canterbury, what
are you got in? Asia up seventeen, Cooks up thirteen?
Literally the cooks has been full a year. Hey, you
couldn't you can't move for love nor money. In the
Cooks West Coast, West Coast Asia up eighty percent. I mean,
come on, Otigo Southland the cooks. Everyone went to the

(29:36):
cour I didn't go to the cooks this year, and
I feel so left out. I am like night til
no mates, you go the cooks.

Speaker 9 (29:40):
Of course I din'd.

Speaker 2 (29:41):
Everyone went into the Cooks. I wentto the Cooks nine times.
I didn't. What a loser you? How couldn't you see
that the cooks was the hot place to be?

Speaker 1 (29:50):
News is next the newsmakers and the personalities, the big
names talk to Mike, the mic Hosking Breakfast with a Vita, Retirement, Communities,
Life Your Way, News.

Speaker 2 (30:02):
Togs seven past seven. So big day for Fonterra shareholders,
of course, four point two billion dollars decision the sale
of the consumer arm to Lacto Lees or like Talis.
John Stephenson is the Fonterra Cooperative Council chairm as with us,
John Morning, Good morning, Mike, result aside. Has this been
exciting for the farming community or not really.

Speaker 12 (30:20):
Well, certainly it's one of the biggest decisions Fonterra shareholders
will make. It's been an eighteen month process. So there's
there's no doubt there's been really strong engagement from our
farmers in real interest and what it means for us
as supplies of milks.

Speaker 2 (30:34):
How much is it just about the chair I'm getting
four hundred thousand dollars yes or no? And how much
of it's about the bigger picture of the long term deals,
what it means, et cetera.

Speaker 12 (30:43):
Well, farmer has certainly done their due diligence on it.
My I mean it's important to bear in mind this
is our wivelihoods will be supplying milk well after any
capital return if the votes successful. So we've we've encouraged
farmers to look through the capital return they've engaged in
that got a lot of confidence from not just what
they've heard from Fonterira, but also we commissioned an independent

(31:05):
report on their behalf which reinforced what Fonterra has been
telling farmers.

Speaker 2 (31:09):
As the ten year bit, you will supply for ten years.
Has that been an issue or not.

Speaker 12 (31:14):
It's certainly been a hot topic a discussion between farmers
and Fonterra and certainly what Fonterira have told us and
we've had independently tested is that a Look, you know,
this partnership is really important. I think Fonterira will do
everything they can to make it work. It's really important
to make it work. But you know, farmers have been
interested in the water scenario, and you know, if you

(31:37):
look at some of the investments Fonterra is making around
advanced proteins and butter and UHT in our regions, that
worst case scenario, Fonterra can still carry on if it.

Speaker 2 (31:49):
Comes to that theoretical question, how much of about today's
decision or how much about today's decision is because Miles
and co run this place properly as opposed to what
Fontira was once upon a time, and they told you
the same story, would you feel the same.

Speaker 12 (32:03):
There's no doubt that there's runs on the board from Miles,
his management team and the board Mike. Farmers have a
lot of confidence in that. But also in the back
of our minds, Mike wasn't too long ago that Fonterra
was an entirely different story. So I can certainly attest
that the farmer meetings is still a healthy degree of
skepticism in questioning when Fonterira brings something like this in

(32:25):
front of farmers.

Speaker 2 (32:26):
And your scenes say it goes ahead and the four
point two billion comes to their country, how much of
it's going straight to the bank to retire the overdrive
versus how much is getting spent in the community.

Speaker 12 (32:37):
Farmers have repaid a lot of debt over the last
year or two. Certainly what I'm hearing from farmers is
that I'd like to do a bit of that. But
there's no doubt that this will, if successful, will be
a real injection into the regional economies and farmers talking
about what plant they can replace, what they can invest in.
But also given the weather in the last couple of days,

(32:57):
is already been plenty of generators bought.

Speaker 2 (33:00):
Exactly good on your John, go well today. John Stevenson,
the Fonterra Cooperative Council chair with us this morning teen thirty,
I think is the meeting. We'll know by early afternoon,
ten minutes past seven. Tasking and money, good news and
energys and renewables. Now, this is a Malaysian company. They
set to invest in a bunch of projects here that
will total a gigawatt of wind energy that almost doubles
our current capacity. It's three billion dollars worth generates enough

(33:22):
electricity to power seven hundred and fifty thousand homes now.
Simon Angley is the head of Foreign Direct Investment for
invest New Zealand to anders with a Simon morning, Good
morning mate. These guys the noise, I mean, are these
big players? Are we going w who Yinsn's here?

Speaker 3 (33:37):
Here?

Speaker 1 (33:37):
We are?

Speaker 4 (33:38):
You know Jinsen has been a presence in New Zealand
for four years, probably a little bit under the radar.
We've been aware of them within our renew energy pipeline
for around two years and in recent times have been
supporting them through navigating New Zealand legatory environment oo etc.

(33:58):
So this is a big as you just mentioned, one
gigawotte of power equates to around seven hundred and fifty
thousand homes being powered. Put it into comparison. That's so
one gigawatte one thousand megawatts one hundred capacity is nine
hundred and fifty megawatts Manipuri, our largest hydro station is

(34:21):
eight hundred and fifty megawats. So yes, this is a
big deal.

Speaker 2 (34:24):
Isy Insnol about wind all they do all renewables.

Speaker 4 (34:28):
At the moment. You know, in other countries they have
exposure across a range of renewables. Our understanding at this
stage is their pipeline of projects is focused on on
shore wind and they have a solid pipeline of projects
that they're looking to deploy in New Zealand sort of
every twelve to eighteen months. As good as their timeframes.

Speaker 2 (34:51):
Oh are we are we an attractive market of things
going in the right direction, because all I can see
is if we want to be data centers and open
AI and all the other stuff that's going on, and
we need to do a hour of a lot more
than we are currently.

Speaker 3 (35:03):
Bob and on Mike.

Speaker 4 (35:05):
Yes, Look, you know we'd love more generation. Any new
generation is good in our system right now. So you
just think about it from you know, a New Zealand
household suspective. You know, house prices have been sorry, electricity
prices has been quite volatile and we've had you know,
quite high prices. That's also affected some of our business.
So if we can get more generation into the UK system,

(35:27):
then we can stabilize our electricity prices. That's one. Secondly,
and you've just touched on it. You know, there's a
massive demand and increasing demand with existing business, but there's
also this new business that needs and demanding renewable energy.
So large projects like this can help stimulate that new business.
Your data fuels, new food, et cetera.

Speaker 2 (35:50):
Good stuff, good insight. Simon, well done, Simon Angeley had
a foreign direct investment for investment in Zealand speaking which
is the team minutes past seven past, so open aie
there into the White House to substantially increase the US
investment in new energy capacity because they're running out let
right and center. They want to commit them that. These
are the numbers, they're just mind boggling. They want the
US to commit to building one hundred gigawatts of new

(36:12):
energy capacity each year. Right, one hundred gigawatts. I told
you the other day in a separate deal that was done.
One gig is fifty billion dollars worth of investment. So
one gig is fifty billion, so what's one hundred gigs?
Data centers, The GRIDD in America is already under constrain.
You've got problems. In Europe are a lot of dry

(36:33):
zones where the water is. These data centers like to
set up where there's a good water supply. If there
isn't a good water supply, what are you going to
do when suddenly the data center is sucking it dry.
Ten gigs is roughly the equivalent, by the way of
an annual power consumption of eight million people. They want
to do five times that per year. So the whole
world is going to start We'll need to start building
in a major, major way, and that includes us of course.
Fourteen parts.

Speaker 1 (36:55):
The like Asking Breakfast Full Show podcast on iHeartRadio News Talks.

Speaker 9 (37:00):
It'd be.

Speaker 2 (37:02):
Seventeen past seven, So possible shake up to our warrant
of fitness system. The government's open consultation on a new proposal.
So the first WAFT for new cars lasts four years,
cars age between four and ten years, twenty four month
check and over ten years is going to be annual.

Speaker 1 (37:15):
Now.

Speaker 2 (37:15):
Lee Marshall is the CEO of the MTA and as
well as Lee Morning, Hey.

Speaker 14 (37:20):
Good morning, Mike.

Speaker 2 (37:21):
You into this.

Speaker 14 (37:24):
We're into the review of the system, which we've been
calling for for some time because it's been probably a
couple of decades since it was last really overhauled.

Speaker 7 (37:31):
So yeah, absolutely support the system.

Speaker 14 (37:33):
I mean, as for the recommendations made mixed views, but
we'll we'll ultimately rely on what members tell us.

Speaker 2 (37:38):
Okay, what magic wanders? You're in charge of everything, what
would it be?

Speaker 10 (37:43):
Yep, so.

Speaker 14 (37:45):
Good question. Definitely in support of campaigning to keep vehicles compliant,
so public awareness campaigns are out of safety of vehicles. Definitely,
full support for including the review of ad s systems
in the warrant fitness check as I've changed a lot
in the last ten years in particular, so it makes

(38:08):
sense to incorporate that. As for the times of things
and mixed views on that, and depending upon who you
ask in the industry, you'd get different opinions. I think
that everyone wants more testing. That's that's you know in
the industry, that's that's certainly not the case. It's a
it's a mixed bag depending on who you ask.

Speaker 2 (38:26):
See I got I got an old car that needs
to go in every six months, and it's stupid because
I only do a thousand k's a year of that
in it, so that's pointless. But then I look at
I'm in a new car at the moment, I look
at four years and four years you can run through
a set of ties super easily, and if you're not
being checked, you might be on some pretty skinny tires.

Speaker 14 (38:44):
Yeah, absolutely, And I mean in terms of what's been proposed,
four years is an odd one for new vehicles because
I've never come across anyone who ever asked for that,
So I'd like to know where it came from.

Speaker 2 (38:57):
Three, isn't it? I mean, currently it's three for a
new cow. You make it a bit longer, it's four.

Speaker 14 (39:02):
Sure, and on a principle of less regulation, I suppose,
I suppose that's probably what they're going for, but I'm
not aware of anybody who ever asked for that. And
to your point, there are plenty of vehicles out on
the road that will I mean fleet cars. There'll be
plenty of fleet cars that do two hundred K in
four years. So that's a long time to not have
a test and a lot of use of a vehicle.

Speaker 2 (39:21):
All right, Well, let's see where it goes and we'll
get you back on the program at the time, Lee Marshall,
who's with the MTA year four years? If you're doing
I mean even the average person does fifteen thousand k's
a year, so you're doing sixty thousand k's over four years,
you'd both through a set of tires and that and
certain circumstances. For God's sake, Mike, stop these disgusting iceols
of turbines and solar farms hydros the only way to go.

(39:42):
Make you dreaming, absolutely dreaming. If you think, if you
think we're going to start building dams in this country,
have a look at the last dam we built, which
is in the top of the South Island, have a
look at the budget, have a look at the timing.
We are never going to be building substantial dams ever. Again,
very good peace on country calendar. A couple of months ago,
there was a farm in the wire Wrapper and they
had some windmills on there, and I thought, to the eye,

(40:03):
didn't seem bad to me. They had the sheep, they
had the windmills. I thought, you know, I can live
with that. What I visually worry about are these gargantua
Hawks Bay seems to be the place, these gargantuan soular farms,
you know, hundreds of thousands of and they say it's
all hidden behind a hedge. But then having said that,
you know what you and I think visually is a

(40:25):
lost argument. We're literally wasting our time. The horse has
bolted and this is the future, like it or not
seven twenty.

Speaker 1 (40:32):
The Mic Asking Breakfast Full Show podcast on iHeartRadio, part
by News Talks EP.

Speaker 2 (40:40):
To mic is to build nuclear plants. You're baiting me.
I got something real for you. Get into this. It's
a great idea. Street Smart right hands on InCAR training
for young drivers. You've got to be amongst it teaches
the road's unforgiving realities. Now, this was a program that's
still but Tony Quinn, the Tony Quinn Foundation, they brought
it back to life, which is good. Now we've got
a company with backbone. We got Star and Shore behind it.
They're supporting. We've got Greg Murphy, Rald Mate, he's on board,

(41:02):
he backs the program, he loves it. That's credibility. Sabaru
also recognizes the critical need for practical education. Starr Insurer's
commitment means that basically, more young drivers get skills that
keep them alive. So forget all the classrooms, those computer
tests and stuff like this. This is about real world reactions. So,
if you're a business leader with a conscience, give street
Smart a call. Put your corporate muscle where it matters,

(41:23):
because they need the help. So, if you've got a
young driver in your life, for example, book them on
a street smart course. It's not a luxury, it's a necessity.
Forget Wellington, forget the government, star insured, the Tony Quinn Foundation,
Greg Murphy Sabaru. They are making a difference. So it's
about time we backed what actually works. It is street smart.
Have a think about that and if you like it,
get in Bold twenty three Now. I think the biggest

(41:45):
test for those who fell over backwards when Bill Gates
said what he did yesterday is not that he said it.
It's whether the people he talks about can possibly begin
to accept that they might be wrong, they might be
on the wrong side of the whole equation, and that
is a result of the Gates revelation. They may need
we can only hope to readjust some of the obsessive
behavior they've shown these past few years as climate change
has become the maniacal calling card for too many. Not

(42:08):
that climate change, as Bill points out, isn't an issue,
because it is, and some good work has been done.
But where Gates is so right and deserves so much respect,
is that he has worked out that there has been
an astonishing amount of waste in the area. Lord knows
what amount of time energy and money has been spent
on too many things going nowhere. Climate change, he concludes,
will not Why pass out now? There are more pressing areas.

(42:31):
He's concluded his new passion is hunger. USAD has been
smashed to pieces by the Trump administration people as a
result of literally dying. In other words, he's prioritizing, he's pragmatic.
He's to be thanked for that. Of course, for many
of us, this isn't news. I mean, Gates is but
one of a growing group, whether driven by the right
reasons or not, who have come to the conclusion that
the climate obsession has gone too far and is now

(42:51):
damaging rather than fixing. The difference here the importance of
this is that Gates is one of them, one of
the disciples, one of the believers, until, of course, he's
decided he isn't. He is the best sort of skeptic,
a well reasoned, highly studied, and partial observer, brought to
the conclusion by the work. He's not a bandwagoner, he's
not an obsessive. He's an observer. He used his wealth

(43:13):
from a success to investigate the planet's big issues, and
he's decided climate change can go down the pecking order.
God bless him for that. The trick though, the important bit.
Can those immersed get what he's saying? Can they dare
to believe?

Speaker 17 (43:27):
It?

Speaker 2 (43:27):
May all need a bit of raining in or in
their eyes as go it's merely a deluded traitor. And
if they can't, but we do, how much further is
the obsessive reputation damaged as more and more of the
world sides with Gates and not the nutters asking, like
every new car has a service planned you to warry
to go? I mean, of course that's the point. I mean,
you take a carent for service and they're going, mate,

(43:48):
do you realize it?

Speaker 10 (43:49):
Ties?

Speaker 2 (43:49):
And in generally it's an ideological philosophy basically, isn't it.
At the end of the day, it's more about you
and your responsibility versus a regulatory regime that goes on
tut tut tut tut tut. Really, I mean, and how
much of the testing is about indicators and all the
weird little bits and pieces as opposed to what the
basics are is do your breaks work and have you
got some decent tires on the road?

Speaker 9 (44:08):
Quickly?

Speaker 2 (44:08):
At dinner last night, my insight new setup, big cost
in the setup Italian gone and made a lot of
furniture and beautiful and it comes down to this. It's
about vision. Because of course, obviously the question is and
the parents of this particular owner, this woman who started
this restaurant the penis why do you really want to
open a restaurant in an environment like this? And her

(44:30):
answer was it's driven by passion. Life is short. You
dream big and you do what you long to do,
and you know, you go hard or go home. And
that's why she started it. And I've come to the
conclusion that's basically what a lot of hospos about. And
what I also told her yesterday is she'll succeed because
she's good at what she does. And this particular places

(44:50):
very well run, very well staved, it's got great food.
It'll go gangbusters. It'll be a fantastic success story because
you can succeed no matter what the environment. And people
are out there doing great things because you if everybody
just sat here going, oh tell you, well, it's not
a very good time to do anything as and no
one to do anything. So people are out there taking
risks and taking chances, and God blessed them for doing it.

(45:12):
And if you don't dream, you'll never know. So she's
she's one that's out there and I think she'll be fine.
Thank you very much. Noel and North you know the name.
I'll give you more detailed, shortly.

Speaker 1 (45:24):
Incredible, compelling. The breakfast show you can't miss. It's the
Mic Hosking Breakfast with the Defender, embraced the impossible, news togs,
the'd be.

Speaker 9 (45:33):
Here you go.

Speaker 2 (45:33):
My sons, Mike did streets Smart. I was talking about
street Smart just before the news. My sons did streets
Smart somewhat to infect Emma here at work. Brought her
nephew a street Smart course and she just raves about
it anyway, somewhat to keep me happy. He did the course.
About six weeks later, my twenty year old was involved
in a crash when the cars worked and turned in
front of him. His car was written off, but no
injuries to him or the other car with young children

(45:54):
in the back. He said to me, if he had
not done the street Smart, he thinks it would have
been awful. As his training kicked in. Everybody should do it,
so thanks for sharing about So there you go that
you can't be real world recommendation Ken you're twenty three
minutes away from eight. I'll tell you about Noveland North
and I haven't had time.

Speaker 9 (46:13):
To do that.

Speaker 2 (46:13):
But he's a big deal in the world of gaming,
so he's with us after eight o'clock that I'll try
and get to it before eight too, my dear, And
maybe I won't. I just can't used to menstrain himself anyway.
Where am I? I got a brewing scrap over migrant workers?
One in six employers are not approaching MSD to recruit
to unemployed. New Zealander is now the minister Erica Stanford
was now. We do hope she got her luggage, don't we?

(46:35):
If we checked up on that? Was there a follow up?
There's a classic follow up there? Didn't check on that.
Journalism is not what it used to be. I mean
she gave us the scoops. She arrived in Australia yesterday
with no luggage and had to go to a night
and day. Surely a natural follow up is there if
you're any sort of journalist. But obviously it didn't happen.
Where was I. They're now suggesting employers could have their
accreditation revoked. Tobias two Hill is the board director of

(46:56):
the New Zealand Association for Migration and Investment and is
with us tobias morning, Good morning. This is an old issue,
isn't it. I mean this has been sort of angsty
back and forward for years. Is something material happened to
something different now this time around.

Speaker 15 (47:11):
The Minister has said that any employer who doesn't engage
with MSD is going to have their accreditation revoked. Accreditations
and youth in the last few years where employers have
to be sort of vetted by immigration yelling to be
allowed to bring in migrant workers and have them work
with them.

Speaker 2 (47:25):
Okay, do you think she's good to her word and
therefore this will work and you will now have to
go and look for some locals.

Speaker 15 (47:34):
It's a problematic approach because the employer may have a
contact a MSD but not done it correctly, or may
have not matched up what they've done in their job
ad with what's been listed with MSD and then get
knocked on the head for that. That's a job check
applications to set process. The accreditation affects all of their staff,
all of their moment workers. So it seems a little

(47:55):
bit unfair to lose accreditation for companies just not really
engaged with MSD correct MIST is.

Speaker 2 (48:00):
Not so it's technical as opposed to I mean what
we call me old fashioned, But I mean, do you
not just put an it out and say we're looking
for a warehouse person and the applications come in and
some of them might be from foreigners, some of them
might be locals, and if there aren't the locals, you
get a foreigner. Is it not that simple?

Speaker 1 (48:15):
It has been a simple in the past.

Speaker 2 (48:17):
It's more complicated than that. Now, okay, quite rules around it.

Speaker 15 (48:22):
Well, you want employers to engage with us MIST, you
want to get New Zealanders and to work, especially with
this high unemployment. But if employers are in somewhere like
Ashburston and they've advertised and they've got one applicant for
three months, and they've done it three times and then
they content MIST and MISS doesn't get back them for
two weeks ago, Well we've tried, and then let's the
job check, and then get told well you didn't do

(48:43):
it correctly, so you lose your creditation. You can't employ them.

Speaker 2 (48:47):
Is that a real world scenario? You've just given us
the MSD don't get back to you. Is that an issue.

Speaker 15 (48:54):
I've got employers who content mist got work breakers. The
guy's on holiday, he's the person normally deals with them.
Three weeks later, I haven't heard anything yet.

Speaker 2 (49:00):
Yeah, it's possible, Okay, So what happens to the real world. Look,
I'm just trying to get what a remissy even doing
involved in the other If I'm unemployed, right, why aren't
I out there hustling getting a job myself. Why do
I need a government department to kick me up the ass?

Speaker 15 (49:18):
Yeah, I'm not in Misty, so it's me to answer
that one. I know some work breakers worked really hard.
I know some employers are actually getting stuff from a
Misty for the first time in years at the moment,
which is fantastic. And I've got employers have gone through
this process, engaged in Missy and actually play stuff, which
they're really happy about. On the other hand, miss just
wants anyone to get into any job. They don't always

(49:38):
match up the person's skills with the employer's needs, so
and often employees are very specific needs, or they've got
a job in a location which people don't want to.

Speaker 2 (49:45):
Move to very hard. That's where I've got somebody with
employers because I mean, it's all very well saying, look,
there's one hundred and twenty thousand unemployed New Zealanders. But
you don't want the clown who doesn't want to be there,
do you? You want someone who's keenan into it and
you don't care where they come from.

Speaker 1 (49:58):
Yeah, exactly.

Speaker 15 (49:59):
My brother works apples for years in the Hawk's Bay
and everyone they got from MSD wasn't fit enough to
do the job. Sometimes people have been on long term unemployeeds,
me a hand and back into work gradually, rather than
dumping them in a short term, hard physical job like
meatworks or apples.

Speaker 12 (50:13):
Or something like that.

Speaker 2 (50:15):
If you could run the world to buias, would you?
If I Wouldn't it be cool if you would? You
just simply have people coming into the country who can
do the job, no matter. It doesn't matter where they
come from or what you know. As long as they're
good at what they do. That's what we should be
aiming for.

Speaker 15 (50:31):
Look, since you asked, my view is that we should
open up migration with the Pacific, with Micronesia. Fiji's a
million people, so you graduate was there, But Thomas Amoya,
these huge workforces, the strong backs desire to work We've
got an open border with Cook Islands and it doesn't
crash our economy. It helps both countries and graze the

(50:53):
skill levels in both countries, helps money go back for
development there.

Speaker 2 (50:56):
And I think New.

Speaker 15 (50:57):
Zealand'sc got forgive me for a moment, but you see
on it's got a real shortage of people growing. At
the moment this high n employment, but each peak of
unemployment gets lower and shorter. We go back to skill
shortage is faster because we're aging as a population like
the whole developed world, and we need we need population
to tax space to keep our industries in our services going,
but also to maintain our country a longer term. And

(51:20):
I think the pacifics the closest to US can culture
and location.

Speaker 2 (51:23):
Well done, well said. I couldn't agree with you more
to bias Tofhil, I don't think I've ever had him
on the program before, but we'll get him back. He's
my kind of man. Since you are hey, that's what
you get when you don't you don't know, you don't ask.
It's seventeen minutes away from or is that the other
way around? Seventeen minutes away from eight pask turns out
Toyota didn't promise ten billion. Trump was busy sprooking the

(51:43):
other day Todda's promise ten billion dollars. They haven't. So
Toyota was this morning said there's no explicit promise that
was made. This was when Trump was in Japan the
other day and they parked a f one fifty and
they parked a Toyota something outside the front of the
place they were meeting, and he said this ten billion
dollars coming. The topic of investment didn't even come up

(52:03):
when the Toyota chairman, Toyoda briefly spoke with Trump at
the US embassy event. So at some point they said
something about them, and that's that's I'm sure that's how
Trump runs the world. He says, has anyone promised me anything?
And that's our there's something about ten billion dollar. He goes, okay,
ten billion, I'll remember that, and that he just rolls
it out again and again. I think that's how things work.
Seventeen away from.

Speaker 1 (52:24):
It, the Vike Asking Breakfast Full Show podcast on iHeartRadio,
Power by News Talks it be.

Speaker 2 (52:32):
Pal's cut. We all expected him to and he's he
is absolutely fizzling.

Speaker 17 (52:37):
This morning, we haven't made a decision about about December.
You know, I always say that it's a fact that
we don't make decisions in advanced But this is I'm
saying something in addition here is that it's not it's
not to be seen as a foregone conclusion.

Speaker 10 (52:51):
In fact, far from it.

Speaker 2 (52:52):
I like the way you have to explain yourself that way.
What I'm saying is just if you miss here's what
I'm saying. That's different, Mike. Think God, your previous interview
isn't running the world? What reality is he? And if
he thinks specific islands have the same culture as us,
what makes them think that money back in the Pacific
is good for our economy? Are you serious? I mean,
the RC program has been going for decades in this country.
It's one of the great success stories, and it's been

(53:14):
loosened up. And all I'm into in this world is
people being interested in doing the job I couldn't give.
What I would do is tighten up the welfare system.
I'd go along and basically run a dufust monitor and
I'd go along and say, mate, you've been unemployed for
six months. Are you a dufis or not? Do you
really want to work or do you not want to work?
And if they want to work, I'll go get them
a job. If they don't want to work and go
no them with dufus, I'd say, right, will your welfare

(53:36):
is cut simple as that. It'll be the mic hosting
dofist monitor and all go get somebody. I don't care
where they come from. We need more people in this country,
and we need more people working in this country. And
if you're an employer, the last thing you need is
MSD is supplying your Brian who hasn't worked for two
and a half years and as a gormless idiot and
is there reluctantly what you want people within enthusiasm, we
want to get into it in the RC program has

(53:58):
been proven over the years they do work. That unfortunately,
and we learnt this lesson during COVID that unfortunately a
lot of New Zealanders can't be bothered or don't want
to do. Kelly Yeah Cold from Westpac this morning. He's
put out a note in the economy GDP will grow
to around one point two percent for this year, which
isn't the end of the world. Is not great, It's
not the end of the world. Previously I thought it

(54:19):
would be two point four, So that's where we've gone.
We retain confidence that consistent above trend growth is coming
in twenty six, so that's good business. Sectors and regions
directly tied to the primary sector are going to do best.
That's no surprise. We expect the strength and the economy
to broaden and strengthen as a result in the falls
in these borrowing cost ures. They're hinging a lot on

(54:40):
these borrowing costs, aren't they. Your mortgage is going down
and we're all going to go nuts eventually. Inflation heading
back down towards two percent by late next year, interest
rates will fall towards two percent. Question is for how long?
That's the really interesting thing. I am so onto this
mortgage money thing at the moment because there's a window coming.

(55:00):
There's a cut coming from the bank next month, the
RB next month, the cash rate. Are you going to
get some more cuts out of that there? I don't
think there's going to be any more cuts next year.
Then the next question in the conversation we're having an
election year is do the interest rates start going back up?
And if they do, when, which means you've got your
window between probably November to April May at peak lowness.

(55:24):
That's what I'm officially calling it, peak lowness. And I
reckon I've called it at three nine nine. Someone somewhere
is going to do three nine nine. And when you
see that number, go for it.

Speaker 9 (55:33):
So you've introduced do first inspections and peak lowness.

Speaker 2 (55:37):
This morning, country's rolling already three percent growth it, Kelly
says in twenty twenty six three percent. If that's real,
We'll get them on and we'll kiss them because that's
a number we can live with, isn't it? Turn away
from eight.

Speaker 1 (55:49):
The Mike Hosking Breakfast with Bailey's Real Estate News tog zedb.

Speaker 2 (55:53):
Seven away from another prize for the country's Golden Regional Child.
Canterbury remains the fastest growing region in the country. We
find out yesterday the wider region grew one point one percent,
which is seven and a half thousand people in the
year to June, christ Church itself accounting for more than
half of that. Ellie Adams is the CEO of Christ
Church in z and as with us, Ellie morning, good morning.
I reckon they'll study this one day. There's a thing,

(56:15):
there's a buzz there's a vibe, there's a marbo about
christ Church in Canterbury that's that's become almost magical. Don't
you reckon?

Speaker 18 (56:23):
Well, you know, I would love to think so.

Speaker 7 (56:25):
Wouldn't that be great?

Speaker 18 (56:26):
But I'd like to think we'd keep going so much
that that would be what they would study is the
city that never stopped kind of that momentum, because you know,
cities go in cycles and an economic development it's a cliche,
but it is all about getting that flywheel turning. And yeah,
we are in a really great position at the moment
where things are going extremely well for the city on
pretty much all fronts.

Speaker 2 (56:47):
How much do you reckon This is a fun theoretical
question for you. How much do you reckon as fomo?
What started as a tangible and other words, I move
my business, I start a business, I go for a job.
At what point did it become fomo and people went,
you know what, I've got to get to christ you look.

Speaker 18 (57:05):
I think that's a really difficult question to answer, but
it comes back to that momentum point. There's no doubt
that success grows success. So the more that people hear
that stuff is going on, the more they want to
be part of it. For example, one of the things
we talk about quite often at christ Church and z
Ed is that Christiach has got these amazing companies here
doing really innovative things to solve global problems, and that's

(57:27):
really appealing to young people. That's something they really want
to do. And the more that we can tell stories
about companies that are doing that here, the more that
other companies and other students want to come here to
be part of something that's really exciting.

Speaker 2 (57:40):
Do you have the breakdown how many immigrants versus locals
relocating from other parts of the country.

Speaker 18 (57:45):
I don't have the breakdown off the top of my head,
but I do know that a lot of it is
people coming south, so that a lot of it is
people locating from across the country. And now all Plant
has more people coming in from offshore, and we have
a lot of people moving from particularly the North Island.

Speaker 2 (58:00):
Want have been out of control?

Speaker 5 (58:04):
I don't think so.

Speaker 18 (58:04):
Look, I think it's got its challenges. I think growth
comes with challenges. I mean, one of the things we
talk about in christ Church and Canterbury more broadly is
that we're a city where you can have it all.
You know, you can have a great lifestyle and a
great career. You can have a twenty minute commute from
an international airport. And managing growth is always hard because

(58:27):
the last thing you want to do is to take
away what makes your place special. So there are some
problems that come with it, but more opportunities I would say,
rather than problems.

Speaker 2 (58:35):
Well, God bless you and may continue for years to come.
Eli Elie Adams, who's the chief executive officer of christ
Church and ZID. You will note in the numbers though
the wider region at one point one percent one point
one isn't that great, but is the best in the country.
Hence the reason we did the story. And the real
overarching issue for this country is the fact that we're
grinding to a massive immigration halt because we've got the
twofold things. We've got the people leaving, which is bad

(58:57):
enough in the first place, but the numbers aren't coming
in the way they used to. And we've had many
a time discussing on this program, and I do worry
that we're getting dangerously close to the point where we're
going to be a net exporter of people. So, in
other words, when your net gain it used to be
one hundred and twenty hundred and thirty thousand people a year,
and it's now down to ten fifteen twenty. And if

(59:18):
it goes much low, it's at zero, and then it
goes to negative. Another words, you know, the number of
people coming into the country from offshore just diminishes, and
the people leaving the country continues. And that's a country
that's going backwards. And that's the last thing we need.
So if a country or a region like Canterbury can
only grow one percent and they're allegedly booming, there are
going to be regions in this country that are materially

(59:39):
going backwards. Right Nolan North, let me introduce you to
him in just a couple of moments after the news,
which is next year at news Talks.

Speaker 1 (59:46):
dB asking the questions others won't the mic, asking breakfast
with Bailey's real estate, finding the buyers, others can't use
togs dead bright.

Speaker 2 (59:57):
Seven past eight. Let us meet Nolan North. World's most
successful voice actor is in a wild word. Gaming is booming.
Gaming is three hundred and thirty billion dollars worth of
business this year alone. Nolan North and Troy Baker are
your dominant names in this particular Field. North's voices on well,
Assassin's Creed and dead Pool, The Last of Us, God
of War, the Uncharted series. He plays Nathan Drake and

(01:00:17):
the Uncharted series Anyway, Nolan North has been here as
part of Armageddon and is with us. Good morning, Good morning,
good morning.

Speaker 9 (01:00:24):
How are you listen?

Speaker 2 (01:00:25):
I'm super well. Let me let me go back just
a little bit to that baseball scholarship. I know this
is a bit of history, but tell me about your
baseball scholarship at university. What were you you the next
Otani or what?

Speaker 9 (01:00:37):
Clearly I was not the next so Tani. Yeah.

Speaker 19 (01:00:41):
No, My brother, my older brother, was a pitcher in
college and he's now he's a baseball coach, college coach,
high school.

Speaker 9 (01:00:51):
Has done everything, and it was just in our blood.
It was our thing.

Speaker 19 (01:00:57):
I learned very quickly. I you know, yes, I got
a scholarship. We were fourth in the country at the time.
Great program at North Carolina. But I learned very quickly
that there are levels of talent in everything. And there

(01:01:19):
were guys that I played with that would come in hungover,
that were better than me on my best day. And
you know, they're just just the you know, the guy
who's just kind of tired to get and he's throwing
ninety eight miles an hour, and I'm I'm eating all
the right things and doing all the right exercises, and.

Speaker 9 (01:01:40):
Yeah, I was. I was. I was a pitcher and
I was. Actually I did.

Speaker 19 (01:01:47):
I knew that it may not have been for me,
because I had more fun when I wasn't in the game,
cracking my friends up, having a good time rather than
being in the game. And I think that's a huge
red flag for someone who wants to do that. But
the guys I played with, actually I owe a little

(01:02:09):
bit of a debt of gratitude to them because there
was a night we went out to a comedy club
and eight of us and it wasn't very good, and
they all joked around. We were all drinking some beers
and they said, you know, you're funny than these guys.
You should do that, and I said, yeah, I should.
They said, Nah, you wouldn't do that, and I said, yeah,

(01:02:30):
I wouldn't. They're like, they bet me twenty dollars each
that I wouldn't get up and do stand up. And
I'm not one to back down from a challenge. I accepted,
and it was one hundred and forty dollars back in
like nineteen ninety and I'm thinking.

Speaker 9 (01:02:47):
That was for a broke college kid. That was pretty good.

Speaker 19 (01:02:52):
So the following week that we talked to the owner,
and the following week I went up and he offered
me a job to be the new opening act MC.
So when the traveling comics would come through, I would
go up, tell a few jokes, warm up the crowd. Hey,
your first comedian tonight is from and I introduced them
and that lasted for a few months until one night

(01:03:14):
I went out over the crowd and my head coach,
my pitching coach, and the assistant hitting coach were sitting
in the front row staring daggers at me. And the
next day I was in the office. They said, you
want to be a funny man or you want to
play ball. I'm like, I want to play ball, sir.

Speaker 9 (01:03:29):
So that ended, but you know, I eventually went back
to that and obviously much much more.

Speaker 2 (01:03:37):
But then who key is see, because you're Nathan Drake.
What does it matter?

Speaker 4 (01:03:42):
Now?

Speaker 9 (01:03:42):
It doesn't And Nathan Drake.

Speaker 19 (01:03:46):
I can only imagine how he could throw a ball.
I mean, let's face it, I mean the way he
can climb.

Speaker 9 (01:03:52):
I mean, let's go.

Speaker 1 (01:03:55):
Ye.

Speaker 19 (01:03:56):
You know, by the way, I always joke with people
that it's so much my career is is so far
less running, involved in what I had to do and
just the grinded, you know, just I feel like I
have more, you know, like I have more action in

(01:04:16):
my life.

Speaker 9 (01:04:16):
You know, you could go out.

Speaker 19 (01:04:18):
There were days you'd go out, you felt great, warming up,
and you'd go out and you'd get hammered. And then
there are days that you didn't have it and you
do great, and you know, you just don't have the
control over some of those factors. And I feel like
in this business, I have more control over my talent
or you know whatever that means. You know, I you know,

(01:04:40):
my arm feels great, I lose, my arm feels tired.
So this one I find it. There's a lot less
pressure than this.

Speaker 2 (01:04:48):
So you can chop. Going back to the beginning, I mean,
you also did journalism and some stage work in New York,
the comedy, the acting, all of that sort of thing.
But if I see it to you at that particular
point in your career, you'd end up in gaming. Gaming
would be massive. Voice work would be massive, it'd be
worth billions of dollars. You just couldn't conceive that, could you.

Speaker 9 (01:05:07):
No, I don't think so.

Speaker 19 (01:05:08):
I mean I have people ask me this, did you
always want to do voices in video games? I'm like,
uh no, because when I was a kid, there were
no voices in video games. And I think that's one
of the things that always growing up in I grew
up in New England, and there's sort of an attitude

(01:05:28):
of like, you know, I don't get too big for
your breeches.

Speaker 9 (01:05:31):
You know, stay in your stay in your lane. You know,
you know this is great and uh.

Speaker 19 (01:05:38):
Hollywood acting in you know, I've done TV, film and
games and animation. That was that wasn't something one aspired
to do in my world at the time.

Speaker 9 (01:05:51):
It was. It just it was never really an option.

Speaker 2 (01:05:54):
Listen, Nolan hold on there for a couple of moments.
Come back with the morn of the moment. Nolan North,
Nathan Drake more shortly thirty, Impostle the.

Speaker 1 (01:06:01):
Mic Hosking Breakfast Full Show podcast on iHeartRadio cow It
by News Talk Zippy.

Speaker 2 (01:06:09):
No the North is I guess, by the way, is
there is there the sign creativity and voice as there
is in front of a camera.

Speaker 19 (01:06:16):
Yes, yes, uh different in a way. I would say,
you know, with my on camera stuff, what you see
is what you get. You know, this this is I
always jokes, this is the doctor, cop, lawyer, this is
the dad. This is this, you know, especially as I've
gotten older, it's the dad. It's but I have this

(01:06:36):
certain and you're certain, there's a certain parameter that they
will put you in. You know, you have to reach
a certain level of success before you know, like you're
Colin Farrell, and they'll put it. You know, they'll spend
major amounts of money to make you look like the penguin.
So most of us are. You know, you have to

(01:06:57):
you have a certain look that's you fit a certain
role well, the beauty and the creativity and voiceover, and
that's why I like doing all of it. I don't
consider myself a voiceover actor. I may be, you know,
better known in that genre, but an actor is an actor,
whether it's a microphone or a camera or a live audience.

Speaker 9 (01:07:20):
I did. I started on the stage, and my job
is to deliver a performance that said.

Speaker 19 (01:07:28):
There's there's a great feeling of creativity in voiceover. I
can be the hero, I can be the bad guy
I can be. I remember walking up came home one
night from work and my wife is.

Speaker 9 (01:07:42):
Like, I was work. I said, it was cool. I'm
a I was a Viking beaver and she's like, oh,
I'm so proud of you. Is that good? What does
a Viking beaver sound like? It sounds like this. Is
that any indication? But it was just this is weird.

Speaker 19 (01:08:02):
You can be anything. You can be anyone. I've played
little grandmothers. You know I've done. Your age doesn't matter.
You know, if you can vocally play these vocal gymnastics,
there's a great creativity and a fun and you know
you're playing. I joke that everything I got in trouble

(01:08:22):
in school for I get paid for now, and.

Speaker 9 (01:08:27):
That's kind of cool.

Speaker 2 (01:08:28):
I like that now. I know Hollywood hasn't bounced back
post COVID and post those strikes with a lot of
you know, they're not making the movies the way they
used to. What about your will? Is that resumed some
sort of normality?

Speaker 9 (01:08:38):
Well?

Speaker 19 (01:08:39):
Again, the great thing that I'm very grateful for is
voiceovers never really slowed down. They did have some strikes,
but the only projects that were struck were ones that
had yet to go into production. You were allowed to
finish ones that were already in production. And I have
jobs that I joke that are annuities. They've been going

(01:09:00):
for years and years. Call of Duty seven is coming
out in November, and that character has been going for
over fifteen years. Destiny Star Wars, Old Republic, Guild Wars, Doda,
There's so many.

Speaker 9 (01:09:17):
The downside of it is I'm usually in a booth here.

Speaker 19 (01:09:21):
Since COVID, there's no more cast records where you're with
your friends and you can play off the other action
to your right or you're left. I've heard tell that
the wasn't as much the writer's strike or the SAG strike,
but the teamster strike really hurt because the production I

(01:09:42):
don't know about their contract, but producers basically found it
was cheaper to take all the actors and the writers
and go to Ireland or Australia New Zealand. I was
up for a show that was going to shoot in Budapest,
so overseas the production costs are significantly lower and so

(01:10:08):
the US has to figure stuff out.

Speaker 9 (01:10:10):
I think it will come back eventually, but.

Speaker 19 (01:10:14):
Atlanta at this time offers incredible incentives through state tax
credits and things. That's why it became Stranger Things was
shot here. I mean all the Avengers movies, Spider Man,
Marvel was based here. They've since taken it to the UK.
It's all about money, but James Gunn shot Superman here

(01:10:38):
in Atlanta. I think DC has kind of moved into
their old and there's beautiful studios, there's great people.

Speaker 9 (01:10:47):
So we are.

Speaker 19 (01:10:51):
Actors or gypsies anyway. But if you're not in Vancouver, Toronto,
New Zealand, Australia, I think one of the big hit
shows that a friend of mine is on it is
NCIS Australia. You know, it's it's like a hit show
in the States, all.

Speaker 9 (01:11:09):
Shot in Australia.

Speaker 19 (01:11:10):
Yeah, it's just it's a really difficult time in the
on camera world in the US right now, and.

Speaker 9 (01:11:21):
For a whole host of reasons.

Speaker 19 (01:11:23):
But as people always say, you know, follow the money,
that's how it all works. But I'm I'm I'm open
to going anywhere to do what I like to do. Now,
technically I'm in my basement and that's where I work
a lot, and that's and that's fine. It's super convenient.
It's great when you're doing this kind of thing. But
I I really like working with other actors. That's what

(01:11:45):
it's all about acting. They say, acting is reacting, and
if you don't have somebody to react off, you know,
Thank god, I've done this long enough.

Speaker 9 (01:11:54):
Where I kind of I can kind of hear it
in my head a lot.

Speaker 19 (01:11:58):
Oftentimes the scripts that I'm given, you know, the line
I'm responding to is there on the page, so I.

Speaker 9 (01:12:06):
Will read that and then say my line.

Speaker 19 (01:12:12):
There are some projects where they give me just my lines.
I'm like, can you adjust that so I know what
I'm responding to. So it's all kinds of different challenges.
But that's the business, you know. It always evolves, it
always changes, and it's our job to adapt.

Speaker 2 (01:12:30):
But a great joy to mat and talk with you.
We appreciate your time.

Speaker 9 (01:12:33):
Talk again soon absolutely and look forward to coming down there.

Speaker 2 (01:12:37):
Nolan North voice actor.

Speaker 1 (01:12:40):
It is like twenty two the Mic Hosking Breakfast with
a Vita Retirement Communities News Talks head.

Speaker 2 (01:12:47):
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a play interview with Noldan North Mike how long before
his job disappears? With AI it So it's the question
of the age, and I've got John Grisham on the

(01:13:52):
program next week. Authors are facing the same thing. In fact,
I can't remember the name guy's name. I'll find the story.
But the surer thing they're the lawyers are after them
already with all these characters and videos that are being
created that basically steel identities are Cranston. Brian Cranston is
the person I'm thinking of anyway. Mike, stop waxingly lyrical

(01:14:13):
about christ Utch. You're selective with your stats. Well, I'm
not selective with them, but it is the fastest growing
region in the country. That's why we did the story.
Auckland you say grew one percent, that's correct, christ Uch
grew one point one. So Christiuch is the past of
growing in the story. Mike, are they paid ads for
christ It's no, they're not. Isn't it interesting how cynical
people are? I mean, you know, success is success. It's
just the stats are there to back the success up.

(01:14:34):
There's nothing you can do about it. It's really starting
to get super interesting for Starmer and the pending broken
promises on the taxes with the budget coming next month.
More from Rod after the News, which is next.

Speaker 1 (01:14:46):
Opinion edit, Informed, und apologetic, the mic asking breakfast with
a Veda, Retirement Communities, Life your Way news togs Head.

Speaker 2 (01:14:55):
Be seemingly some good news from the one tourism sector
yesterday and to the cruize industry. And boy do we
need as much help with the cruise industry as we
possibly can give. And we've changed all the rules to
make it next to impossible to do anything good in
this country. So Carnival Cruise Auckland is the homeport as
of twenty twenty seven for the winter season, so in
a park the Carnival Adventureship here, which is good owned
by the American British Carnival Corporation, twenty nine ships all

(01:15:18):
over the world, Australia's largest cruise line. Four ships sailing
in this region locally, so that's good. It returns May
twenty five through due Lie twenty nine and twenty twenty seven,
so it means it's going to be based, registered, refueled,
resupplied and where passengers get on and off. So that's
all good news for Auckland. A p and O, by
the way, merged with Carnival Cruise. I didn't know that's all.

(01:15:39):
I read that east. I thought that was interesting. So
nine cruises throughout the homeport season, so nine cruises they
come back to the same place. It's all good. So
that's good news for New Zealand and well done US
twenty two.

Speaker 1 (01:15:49):
To nine international correspondence with ends and eye insurance. Peace
of mind for New Zealand business.

Speaker 2 (01:15:55):
Long may that continue withus not grow. Rod Littls and
Britain Roderick, good.

Speaker 1 (01:15:58):
Morning, Good morning, mikel.

Speaker 2 (01:16:02):
PMQ's isn't exciting, Starmer must be. I mean, how do
you live with how do you live with the knowledge
you're going to lie to the British people and you're
going to be exposed come budget day. I mean it's
getting worse by the day, isn't it.

Speaker 3 (01:16:15):
Well, it would be a problem for me and I
think a problem for you, but it doesn't seem to
be the slightest problem for Sekir. It's remarkable they are
going to put up taxes. Is now refused to rule
out putting up taxes, and that probably means income tax,
the very very thing they promised they wouldn't under a

(01:16:35):
hell or high water do a year ago, a year
and a bitter coo and they will say that the
circumstances changed, Well, circumstances always changed, but that's not the point.
It's shaping up to be the budget of death because

(01:16:57):
quite apart from anything else they're going to put up
income tax, They're going to do something with inheritance tax,
maybe a mansion tax, maybe a property tax. This is
all a kind of spike aimed from the middle classity
upper class. This was put in the Daily Telegraph today.
National insurance is probably going to rise in some areas.

(01:17:19):
In some parts. There's going to be no release for
a relief for big business. It's harder for landlords to
rent their places out and they're going to be taxed higher.
It is heading us towards a real disaster. Are they
speaker someone who is by and large on the progressive
leftish side when it comes to tax station?

Speaker 9 (01:17:41):
Yeah?

Speaker 2 (01:17:42):
Is there a lesson in democracy for people because it
wasn't like the British public didn't turn up and go,
I tell you what this lot they look better than
the old Tories. Will give them a crack. Or is
that you were given what they promised at the time
fair enough and you've been duped basically because they're.

Speaker 3 (01:18:02):
I think it's the latter. I mean, I don't think
anyone voted for Sakir Starmer because they thought, here's the
statesman to lead us into a brave news summit. Upland
I just don't believe that the labor vote got them
an enormous number of seats but very shallow. The majorities

(01:18:23):
in many of the constituencies are in their tens and
in their hundreds, and they could go overnight as indeed
they are doing so. I think it was simply at
least they're not the Tories. But still, you know, one
has to put a degree of faith in a politician
when he says we will definitely not raise taxes is right, okay,

(01:18:46):
but absolutely shameless. But then they've been shameless. Sakir Starmer
has turned, has made U turns. I've lost count now
as the number there were twenty by October last year,
so god knows how many there are now.

Speaker 2 (01:19:03):
So the next question then, how much of what they're
going to do in the budget as regards increased Texas
is about Look, it's a one off. Circumstances has changed.
This is a beout as it gets versus it being
a stalking horse. And actually, now that we've done this,
there's more where that came from.

Speaker 3 (01:19:20):
I think there's more where that came from, is the
obvious thing to say, because whatever they do, unless they
really put up income tax by a whacking amount, both
on the top rate and the middle rate, then they're
still in deep financial trouble because they have fulfailed to
cut benefits. You know, their failure to cut benefits is

(01:19:41):
the thing which is dragging them down and making them
do all these things which are going to be unpopular
with the public apart from those in the public sector
perhaps and unpopular therefore with the voters. But they cannot
do it. Belous, the backbenches of the Labor Party think that,
you know, welfare that if it can never be.

Speaker 2 (01:20:02):
Cut, and then we come to Kabatu or whatever his
name was, and so you turn up, yeah, eurek heavoc.
Then they pay you to leave the country. I mean,
and you wonder why reform's doing well.

Speaker 3 (01:20:15):
Well, that's it. I mean, you don't really need an
answer from me, Mike. That is absolutely The Ethiopian asylum
seeker who's sexually assaulted someone was convicted when to prison
is paid five hundred quid to leave the country. We're
paying people to leave, you know. It's a bizarre, bizarre scenario.

(01:20:38):
They are nowhere near getting to grips with what to
do about the assylum seekers coming here, whether they be
coming by those boats across from Calais, or whether in
the legal immigration, which way outstrips the number of people
who come here illegally. And still they pour in, Still
they pour in. And there seems to be no no

(01:21:01):
appetite within the government anymore than there wasn't the last
government to sort it out.

Speaker 2 (01:21:06):
No one's a bigger fan of cows than I am.
But even I don't want the rely on Robin Beck.
Is this for real?

Speaker 3 (01:21:15):
Is this is Lee Anderson, the reform MP, talking about
the Motibility Scheme, which is something which really should be cut.
This basically just gives a free BMW to anyone who's
a bit disabled. I mean, it just beg us belief
that we should have this, and he's right to have
a go at it. But he said he remembered the
good old days when disabled people if they needed to

(01:21:38):
get around to abund a three wheeler, and he said
we should go back to those days. And he meant
the reliant Robin. And you remember the reliant Robin, I
bet you do. I've been in one once. It was terrifying.
That was when I was about twelve, I think thirteen.

(01:21:59):
But do you know, I think it's more cunning than that.
I think that they know Reform knows that we all
wish it was nineteen seventy two, that all Reform voters
secretly in their hearts, which it was in nineteen seventy
two when there were reliant robins, indeed fort Capris cruising

(01:22:19):
around the streets. So yes, it does seem to have
been serious. Best there we are.

Speaker 2 (01:22:24):
It's a different, different world. Rad nice to talk if
your rud a little out of Britain back next week.
Of course, by the way, spinking transport, half a million
under sixteens in England are paid for by local councils
to catch a cab or bus to school. It's a
weird system. They've got over their council's pay that, and
the bill's gone through the roof. Not surprisingly, six percent
of all pupils in England get council supported funding to
go to school. The bill is now two and a

(01:22:46):
half times what it was in twenty fifteen. It's sitting
at one point five billion pounds, which is well in
excess of three billion. New Zealand dollars just to get
kids to school. By the way, the latest pole which
came out yesterday, you go poll reformed twenty seven lab teen, Conservatives,
seventeen Green sixteen Libdems fifteen. Their interesting numbers, aren't they

(01:23:06):
SMP three eight forty five.

Speaker 1 (01:23:09):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks at.

Speaker 2 (01:23:15):
B Mike, the UK has got all the taxes out
left really want to look at what a mess the
UK's and bad taxes hasn't said that. It's a very
good point, Dave and related matters, Mike Howard suit is
that Hepkins and labor are pushing a capital gains tax
just because other countries have one. I've often thought that
that's an excusable excuse to use. It's just like, well,
if you look at all the other countries, it doesn't

(01:23:35):
mean anything. You've got to run it on its own auspices.
But you're right. If you ever want an example of
the country that is it's because the labor ish type
people have no business acumen in general. They have never owned,
set up or run their own businesses. They have a
passing acquaintance with business. They've read something about it in
a book at university or when they join the unions,

(01:23:55):
and because that doesn't occur to them, or it's not
part of their makeup or their DNA, the only way
they can think of raising revenue as taking money off
other people. That's all they know how to do. Story
we haven't covered, and we should have because it's taken
on new significance is yesterday out of the biscuit tin
we got the business of banning social media for under sixteens. Now,
this has been around for a little while. The Hawk's

(01:24:16):
Bay MP had it. We had her on the program
at the time and I suggested to her and I
think I might be about to be proven wrong. And
I alluded to this yesterday or the day before on
the program because they've acquiesced in Australia. And so the
idea was, or the problem I had with it was
nothing wrong with the idea of banning social media for
under sixteens, but you can't do it. And the tech

(01:24:39):
companies were kicking up a fuss and saying, well, we're
not about to do it here either, and we might
even turn off our services. So that was going nowhere
until it wasn't so at the Senate inquiry this week,
the tech companies acquiesced and they said, yes, we'll go
along with it. It'll still prove to be problematic, but
at least we will cooperate. Now that's a material shift,
and we were looking to see where it's and Australia

(01:25:01):
was nowhere until they're not. They are somewhere now and
as of December that rule is going to be law
and it seems that tech companies are on board. So
therefore potentially it's a thing. So if it's a thing there,
it can become a thing here. Should have been a
government bill but isn't, so it's still a member's bill.
But the government might now pick it up and run

(01:25:21):
with it. So what Australia started we might be able
to tag along to. So what this space nine to nine.

Speaker 1 (01:25:29):
The myke hosking breakfast with the defender and use togsdbhow
you what?

Speaker 2 (01:25:33):
Hearing loss isn't just about turning up the volume. Are
left untreated? This is the key. Left untreated. It's linked
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So if you or someone you know is struggling with
the hearing eight hundred resonate which is eight hundred seventy
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six six two online Resonate Health. One word has always
resonate Health dot co dot NZ pasking Mike. I had
a reliant robin in the UK in the late sixties
rolled at five times ended up on the top of

(01:26:37):
the hedge. All four of us usually survived. Picked it
up with shovels and buckets. Good old days, the good
old days. If you are into F one racing, by
the way, the race which is a group of people
sort of in the weeds type followers of F one,
they're very good at what they do. They're highly knowledgeable.
The latest pieces are on the Liam uk Lad scenario

(01:27:01):
and what they've learned and what they know and what
the thinking behind Red Bull or in Red Bull is
at the moment. The conclusion I came to, I don't
know they came to a definitive conclusion, but the conclusion
they appeared to come to is that it's a line
ball between I've heard that it's Liam's safe, but they
seem to conclude it's a line ball. The lind Lad

(01:27:24):
thing seems real. That they're obsessed with lind Lad. He's
the next cab off the rank. He's the future. He's
going to take them places. It's just a matter of
do we offset him with Liam or Sonoda. So watch
that if you're in two, if one, five away from.

Speaker 1 (01:27:38):
Nine trending now MS Warehouse the Real House of Fragrances.

Speaker 2 (01:27:43):
Jordan my Lart is a great story. As Australian former
league he plays for the Eagles these days in the NFL,
the Philadelphia Eagles, the fourth highest paid offensive tackle in
the game, by the way, burns about thirty eight million
dollars a year. Anyway, he's at the Philly Music Fest.
He's performed a song Valerie from the Zutons. Was that
Steve Winwood? I like Steve Windward better? Is it the

(01:28:05):
same song or a different song? Anyway? I made famous
by Amy Winehouse to watch you doing. I don't know

(01:28:42):
what are we giving that? Ten six four five Eagles
have come right by the way six two currently six
and two. As they say in American football, tell you who,
if you follow American football, who I've been impressed with.
They haven't watched the cults yet. The cults seem to
be this they're gone all the way. I haven't watched
them yet. But the one that have come to the Patriots,
Tom Brady's old team. Once Tom left, they fell apart

(01:29:04):
in the most spectacular and they were the world's most
useless football team until this year. And suddenly they've come right.
Just reminding you that patience is a virtue. The other
one that's come right this year. If you are following
the NFL, the Broncos, Denver Broncos, the Baugh a guy
called Russell Wilson out of Seattle, and he was going
to take them to the Promised Land until he didn't,
so they offsold him to the Pittsburgh Steelers for about
a dollar I think from memory. Anyway. The point being

(01:29:26):
is the belief once again seems to be working, so
they're coming right anxiety and felt, yeah, this is the
one different times if that's a proper song. Anyway, Back tomorrow,
Happy Days.

Speaker 1 (01:29:40):
For more from the Mic Asking Breakfast, listen live to
news talks. It'd be from six am weekdays, or follow
the podcast on iHeartRadio