Episode Transcript
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Speaker 1 (00:00):
In New Zealand's home for trusted news and views, The
Mike Hosking Breakfast with al Vida, Retirement Communities, Life Your
Way news togs had been and welcome today Semanston.
Speaker 2 (00:11):
The farm sector around a whole bunch of health products
that aren't being cleared for use in this country. It
turns out America as our number two export destination. Topples
off old Oz. We've got a new climate target housing.
New Zealand has been told to backtrack on that drawl
over the carpet tender intimidated to the week, of course.
Richard Arnold with the latest out of ron Reagan International Airport.
Murray Olds is an old anti Semitic Australia pasking seven
(00:35):
past six, Welcome to the day, proving life is what
you make it. I walk into a local restaurant right
over the holidays. I know it well, been there a
million times Italian. It's very good. Up at this new owner.
Who was this person? I inquired? He came from Hospow.
He told me had worked in the city, but he
and a mate had decided to, as he put it,
take a punt. It's better to be an owner than
work for somebody. I immediately admired him. The restaurant had
(00:57):
been put up for sale because it wasn't making any money.
That is a familiar story, of course in Hospow, doom
and misery and Hospow. And yet I can tell you
why this place hadn't made any money. It was because
it was only open five days a week and only
for dinner and for limited hours. At that first thing
our new owner did was one open seven days a
week and two open for lunches as well. He even
(01:18):
opened Christmas Day last minute, did twenty covers on Christmas
Day on short notice. By the time we left town,
he was more than happy with how things were humming.
So is hospow and trouble trouble? Or are there too
many owners who don't want to do the work? So
over the holidays, I noticed too many people who weren't
opened or won't open long enough. The cafe that closes
at four you walk in at twenty two to four. Sorry,
(01:40):
kitchens closed? Why sorry? The sign on the door says
we're having a well earned break back on the third
of January or the sixth of January. This was in
tourist country, and let's be honest. I thought all of
New Zealand was supposed to be tourist country these days.
So how much pain is real and how much of
life has made harder simply by not trying hard enough?
Is David Semore right? There are two camps in these
(02:02):
in this country these days, the change makers and the
ones who sort of opened but not really and then
wonder why things are a bit slow. Our mate at
the restaurant, my better is, will make a good go
of it, because one he's invested, and two he is determined,
and three he did a couple of things the others
could have done but they didn't. Winners and losers. Most
of it is about choice.
Speaker 3 (02:24):
News of the world in ninety seconds.
Speaker 2 (02:27):
So what do we learned in the past twelve hours
or so? Seem to went horribly wrong at Ronald Reagan Airport, Well,
it seems to have been preventable. I don't think we've
got it. The airline is blaming the military, although officially
in his early days we are none of us. Right,
(02:53):
splun up, it's gone. Don't worry about That's news the
world in ninety seconds. A couple of quick things around
the economy GDP grit two point three percent, this is
for America. We'll get some more insight from Andrew shortly.
But they thought two point five percent are two point
three is what it came in at. So that's skinny
Germany though, as is the want of Germany these days.
Are the economy contracted for the fourth quarter to climb
(03:14):
by zero point one percent. Once again, I'll remind you
that is why mister Chelton co are out of office
in a couple of months. It is ten past seven.
Speaker 1 (03:23):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks EV.
Speaker 2 (03:31):
I'm glad you're exercised about this, Mike. The government should
put the banks on notice that their license would be pulled.
I don't know, and I'm assuming this is where Shane
Jone Fitzon and some sort of law around this. Their
license should be pulled and they don't offer services to
all in a fair manner. But there's very little these
days I get enraged about. But this is beyond the pale.
If you'm not sure what I'm on about, there's a
(03:52):
leaked letter this morning from B and Z to a mine,
just basically in as clear as day outlining just how
they're going to close down all their banking business because
of the Paris climate bollocks. They are literally destroying a
business in our own country. Anyway, More on that Central
Bank news. By the way, quickly the ECP, as everyone thought,
(04:14):
have gone twenty five basis points. They're down to two
point seventy five Bank of Canada. What can I tell you.
They're a bit anxiety about Trump and the tariffs, obviously,
but they went twenty five points to three percent. As well.
As regards the air crash, Trump has spoken.
Speaker 4 (04:28):
We did not know what led to this crash, but
we have some very strong opinions and ideas, and I
think we'll probably state those opinions now because over the
years they've watched as things like this happen and they say, well,
we're always investigating, and then the investigation three.
Speaker 2 (04:45):
Years later they announce it.
Speaker 4 (04:46):
We think we have some pretty good ideas, but we'll
find out how this disaster occurred and will ensure that
nothing like this ever happens again.
Speaker 2 (04:56):
On that, I kind of agree with them. It seems
obvious that Choppish the being there. There's radio communication from
the control tower saying do you see the plane go
behind the plane? They didn't obviously Unfortunately, this is where
Trump and ipot company because he went off paced.
Speaker 4 (05:15):
You must have only the highest standards for those who
work in our aviation system. I changed the Obama standards
from very mediocre at best to extraordinary. You remember that
only the highest aptitude have to be the highest intellect
and psychologically superior people were allowed to qualify for air
(05:39):
traffic controllers. And then when I left office and Biden
took over, he changed them back to lower.
Speaker 3 (05:48):
Than ever before.
Speaker 4 (05:50):
I put safety first. Obama, Biden and the Democrats put
policy first.
Speaker 2 (05:57):
I'm Ji Wealth and obviously more with Ridge Donalds from
Joey my Wealth Andrew kellerher good Friday morning.
Speaker 5 (06:03):
Yeah, very good morning, Mike.
Speaker 2 (06:04):
Given Trump and the tariffs and what may or may
not come to pass, what an interesting revelation yesterday re export.
Speaker 5 (06:11):
Yeah, wasn't it.
Speaker 6 (06:12):
Yeah?
Speaker 7 (06:13):
US TARA is still very much a live topic for
global trade. And certainly the Mexicans, the Canadians, they're going
to be on the edge of their seats, aren't they
waiting to hear what Trump tariff verdict.
Speaker 5 (06:22):
Is for them specifically? And Mike, he did say it
would be.
Speaker 7 (06:25):
He'd announced that by the first of February, so maybe
this weekend, but look, it could matter to us as well.
Yesterday we got the latest read on our import export
trade data. Very relevant point of interest here is, as
has been widely reported in the last twenty four hours,
the US over twenty twenty four was the second largest
destination for New Zealand export goods. It's now overtaken Australia
(06:49):
in that position, and part of me does actually wonder
make the question no one asking is why hasn't why
haven't our exports to Australia grown in the last for
five years? Separate question anyway, total of exports from New
Zealands around seventy one billion dollars.
Speaker 5 (07:03):
Twelve percent of that is headed to.
Speaker 7 (07:04):
The US approximately, so let's round it out sort of
nine billion. Now, we are obviously only a small part
of total US imports. I mean, we rank outside of
the top fifty countries ranked by import value into the US,
so we're not going to be top of their list
of things to address, but it's important. Nonetheless, over the
last decade, the value of exports to the US has
(07:27):
nearly doubled, and driven to a large degree lately by
US imports of meat. So we're talking beef here, we're
talking hamburger paddies. We now export more meat to the
US than we do to China, so two point six
billion dollars worth meat exports.
Speaker 5 (07:44):
And here's another interesting thing. Might meat exports to China.
Speaker 7 (07:48):
Fell thirty two percent twenty twenty four to two point
one billion, So another question you got about ask there. Anyway,
the good news at the high level is that we
are reducing our dependency, our comp and tration risk on China.
Speaker 5 (08:01):
I balance that out by sort.
Speaker 7 (08:03):
Of acknowledging that the value of exports to China is
almost eighteen billion dollars. So still quite a long way
to go to mitigate that concentration risk, isn't there. But
this issue of tariff's mike is very important one now
for US. But there's so many questions here. What will
those tariffs be? You know, will they be blanket there tariffs?
Will they be specific on different countries? So we don't
(08:25):
yet understand and we need to what impacts that will
have on demand for our specific products. So where does
the risk for because if you have sort of a
blanket tariff, then you're basically putting that risk onto the
US consumer, right you're asking them to still pick us.
So none of this is an ovenight isshue of course,
so it will play out over time. It's still a
(08:45):
fair more questions there than there are answers at the moment.
Speaker 2 (08:48):
And speaking of questions, you're one about Australia's very good.
So I've drummed up the Trade Minister and he'll be
with us after seven o'clock. So so stay tuned, Andrew. Now,
these confidence levels and business, what are we reading into this?
I'm seeing some light, Yeah, there is light, but it's
really interesting.
Speaker 5 (09:02):
So let's bring it back to local level.
Speaker 7 (09:04):
What's business continents looking like in aatiod R to start
twenty twenty five?
Speaker 5 (09:08):
Context? My context is always important.
Speaker 7 (09:11):
One of the key features as we closed out twenty
twenty four was a marked increase, significant lift in business
confidence levels. They soared actually certainly in the aims of
business outlook to levels that I thought were inconsistent whether
or out at Kilt or with actual levels of activity.
But you can't ignore people feeling better about their prospects,
and you might you can't ignore that first reporter of
twenty twenty five has seen the top taken off of
(09:33):
some of that optimism. This headline, business confidents fall and
eight points to plus fifty four. Own activity is at
ease four points to plus forty six. Both are still
very high past own activity. That's more closely correlated to GDP.
The dreaded here and now that's stable on zero slightly
more interesting, potentially problematic evidence of price and cost indicators lifting.
Speaker 5 (09:53):
What does it all mean? Might to me? It looks
like activity.
Speaker 7 (09:56):
Did lift towards the end of last year, so we'll
probably see a re bound in Q four GDP from
terrible numbers Q two Q three.
Speaker 5 (10:04):
Bit of a reality check.
Speaker 7 (10:05):
For business, though interest rate relief will take a while
to feed through to increased activity. Now underlying it, there's
a bit of a trend in rising cost and price
expectations That is a little red flag for inflation.
Speaker 2 (10:18):
I need numbers and you'll get them.
Speaker 7 (10:20):
Dow Jones up ninety one points forty four thy eight
hundred and four, that's point two percent, the S and
P five hundred up point three percent, six oh five eight,
the NASDAK sort of lurking, bouncing up and down through
plus and minus at the moment's down thirty seven points
nineteen thousand five hundred and ninety four are the FORTSWO
one hundred overnight gained over one percent. Eight six four
(10:41):
six was the close there. The nicket up quarter of
percent three nine five one three. China's still closed for
Luna holiday. The A six two hundred yesterday games are
just over half a percent, closing at.
Speaker 5 (10:52):
Eighty four ninety four.
Speaker 7 (10:54):
Unfortunately, we lost point five seven percent on the insects
fifty yesterday. That's seventy five basis points, closing at twelve thousand,
nine twenty eight. Kiwi dollar point five sixty five two
against the US point nine er six eight ossie point five.
Speaker 5 (11:07):
Four two four Euro point four five three eight pounds
eighty seven point twenty nine.
Speaker 7 (11:11):
Japanese yennis across gold up a little bit twenty seven
hundred ninety one dollars spreet crude seventy seven dollars.
Speaker 5 (11:18):
And twelve cents.
Speaker 2 (11:19):
You're worth every cent we pay. You go well, JMIWEL,
dot co, dot NZ and scout the big boys. Microsoft
Artificial Intelligence now brings in about thirteen billion dollars worth
of business. Their revenue was sixty nine billion META yesterday,
sales up twenty one percent. Net income grew forty nine
percent to twenty billion. That's just for the quarter. By
the way, Levi's as in genes, they made in road
(11:40):
with women. It's always good to be making road with
women and just generally whether they're into genes or not.
But they made one point eight four billion dollars worth
of revenue LVMH, which is the big luxury company Louis
Baton and all that stuff. They did reasonably well as well.
Six twenty one period News Talk.
Speaker 1 (11:55):
Set the mic asking Breakfast Full Show podcast on iHeartRadio
powered by News Talks.
Speaker 2 (12:06):
It'd be Mike, your hospital assumption one hundred percent correct.
Visiting my own old hometown of Nelson, called into the
fruit and Beach place outed out for the real fruit
ice cream shuts at four pm twenty plus degrees. Why
there's a lot of that going around as much simply
as I have for hospital. And they were asking once again,
first thing they do started the year to adjust the
(12:26):
visa because I can't find anybody to do the job.
Open your doors open seven days a week, open if
you sell stuff, open at seven in the morning and
don't close until ten at night. Try that for a start.
Bishop of Liverpool I alluded to briefly earlier on Dr
John pittam Baalath. Anyway, he's quit. He was alleged sexual assault.
(12:47):
He denies it, but he's gone. Nevertheless, BBC apologizing very
angsty country at the moment, Britain, aren't they anyway? The
BBC has done this investigation into what Russell Brand may
or may not have been up to it BBC Radio
two back in two thousand and six, two thousand and eight,
like they've got nothing better to do with their times?
Are they considered eight complaints? They've decided they didn't handle
them properly, so they've apologized to the stuff. I'm not
(13:09):
sure what that fixes.
Speaker 1 (13:10):
Six twenty five trending now with them Swarehouse, the Real
House of Fragrances.
Speaker 2 (13:16):
Move a time and what they are suggesting the first
big blockbuster of the year. That's if you don't count
yesterday's release of Bridget Jones, of course, which is a
blockbuster rule by itself. This thing's called Sinners. It's set
in the nineteen twenti It's got some supernatural elements, of course,
because all movies have to have supernatural elements today because
they've run out of all forms of creativity. Twin brothers
returning home to confront a great evil.
Speaker 6 (13:41):
There are legends of people with the gift of making music,
So true Nick and conscious spirits from the path and
the future. This gift hand bring fame and fortune.
Speaker 3 (13:54):
Will somebody tag me?
Speaker 6 (14:01):
But it also compees the veil between life and there.
Speaker 3 (14:08):
Hey, I mean to scare you thought I don't forgot
about me? Here call up and rolling.
Speaker 2 (14:15):
On out here?
Speaker 3 (14:17):
Stay, there's you?
Speaker 5 (14:19):
Goods me open a door.
Speaker 3 (14:22):
That ain't your brother?
Speaker 2 (14:24):
Oh no, Michael B. Jordan. He's one of those guys.
I looked up. I thought, who's Michael B jo I
looked him up with a yeah, fair enough. Anyway, you'll
reckon up. He plays the twins? Does he get paid
twice for that? Hailey Steinfeld's in it as well, directed
by the bloke who did Black Panther and Creed also
starred with Michael B. Jordan. So it's that thing. Oh
you were called last time, so I'll hire you again.
(14:45):
It's in theaters April eighteen. By the way, Simmey and
brown Sime and I promise to increase the speed limit,
says Transport Minister North Aukland. Haven't delivered so far. He's
in Duneeden today. There's an announcement coming on the hospital.
I can't work out whether it's good news or not.
If I was a new Minister of Health, I'd be
looking to renounce something like don't worry about it, and
(15:05):
I'm going to build it all, going to build eighteen
stories for you. But I don't think it's going to
happen anyway. That's happening this afternoon.
Speaker 3 (15:10):
Setting me a gender and talking the big issues.
Speaker 1 (15:13):
The mic Hosking breakfast with the range rover villa designed
to intrigue and use togs dead vs.
Speaker 8 (15:20):
Mike.
Speaker 2 (15:20):
Nice to have you back. Is nice to be back.
Try and find a cafe a new Plymouth around three
pm for afternoon tea, all packing up to go home.
The missing Riven. You couldn't agree more, Mike, pass through
te Russy Price did that the other day. The Oxford
Cafe opens at five, closes at five. That's what I'm
talking about morning, Mike. Just listening to the ad I
didn't hear it. Read the Chinese New Year Festival sponsored
by the B and Z go figure who are the
(15:41):
biggest polluters in the world. Very hypocritical, Christine, You make
a very good point. So if you're going to try
and close down businesses because you woke like the bee
and z Is with a coal mine, where do you
draw the line? Is that people who drive fossil fuel car?
So when I go get a car Loan for example,
and the ass what sort of car are you driving,
mister Hosking, I say, well that's a six point seven
five LI to V twelve going to go, No, you
can't have the money. Or what about China anything to
(16:03):
do with China? China or polluters? What about India? Where
do you draw the line? Am more on this later
twenty three minutes away from seven Lonald Wagan International Airport,
of course, with Richard Arnold in a couple of moments.
Then something we raised on the program yesterday, my kiwi
fruit experience over summer, so we bite in. It is
not the kiwi fruit we know and love. It is
off or as it turns out, it's Italian, not off,
(16:25):
just Italian. My question then, is is it a Zespri
Italian And if it is, does the lack of flavor
mean we're selling two completely different products to the world
or is this just an Italian Italian and it's bollocks? Anyway,
the Zsbury CEO justin to break his back with this,
Jason morning to.
Speaker 9 (16:39):
You morning Mike.
Speaker 2 (16:41):
He are you very well indeed, So answer my question
for people who don't follow the Kiwi fruit world. What
you were looking to do when we last talked. You
were having that vote, which you got through, by the way,
So you want to grow some stuff around the world
so you can supply the world on a continuous basis.
All of this is good and I'm glad you got
your vote through, But did I eat a zespri Italian
or are there Italian Kiwi fruit coming into the country.
(17:02):
We don't know.
Speaker 9 (17:03):
About Yees, so it definitely wouldn't have been zespre fruit.
So we don't bring any of our zesprey Italian fruit
down to New Zealand separate. So essentially what you would
have got, Mike, is a pretty dodgy piece of kiwy
fruit that's been grown up there and being brought down here.
We tend to basically get the top five percent, so
(17:23):
we've got strong minimum taste standards, strong quality standards that
meets our New Zealand standards as well, so we're getting
a consistent supply for a year round. But the fruit
you would have got is just the ordinary Italian fruit
that's been brought down here.
Speaker 2 (17:37):
Right, So there's a problem that comes out of that.
I'll ask you about that in the moment. Can we
say that the Zestprey that we sell the world tastes
as we would understand it to taste, doesn't matter where
you buy it.
Speaker 9 (17:48):
Absolutely? Yeah, So we have taste standards that are being
measured at a time of harvest to make sure it
meets the standard. But doesn't meet the standard, then it
doesn't come in with a Zestprey logo on it. And
then basically we're we're also doing consumer testing year round
as well, to say, is the new Zealand fruit you
brought a couple of months ago the same as what
you're tasting now, right?
Speaker 2 (18:07):
What's your co So all of that's good. Your problem, then,
I suppose, is I would regard myself as moderately informed,
and I have an interest in ag and haut and
all that sort of stuff. So I was genuinely taken aback.
I didn't know that anybody and it's not you, obviously,
but somebody brings in stuff from overseas that isn't what
I would experience. Is that a branding or marketing issue for.
Speaker 9 (18:27):
You, Well, what you've got is quite often people do
confuse us with the New Zealand market. We actually do
a very small amount of fruit on the New Zealand market.
It's other companies in New Zealand that are supplying it
into the local supermarkets. Were set up to export and
to maximize returns through exports for our growers basically run
(18:49):
so so really what you see in the New Zealand
market is a vest free controlling that. It's other companies, sure.
Speaker 2 (18:56):
Very much, because to you at the end of the day,
that get that gets hit doesn't and I mean the
person who eats that because it was crap, And so
I expect because it's New Zealand and zespry and that's
what I understand it to be. That's what I expect.
So if I don't get that, that then becomes by
the fault your problem, doesn't it.
Speaker 9 (19:16):
Well sort of really that we've been set up there
with the key focus just to make sure that we're
getting a consistent, high quality, high tasting piece of fruit
offshore into our international customers. That leaving the New Zealand
market competitive for others to be able to get that
fruit in the The.
Speaker 2 (19:32):
Good news for you, I suppose in that sense, if
that's that Italian bit of fruit that someone had brought
into the country is what the Italians are offering the world,
then you're home free, aren't you? Because I mean the
two it's just like night and day. Yeah.
Speaker 9 (19:45):
So what it does is it allows us to over
a number of years, have set ourselves up as that
premium offering in the kiwi fruit category. So we've been
able to do that really well with the quality and
taste stands we've got. But it does also create a
bit of a challenge, and that's why last year we
pushed to expand our production offshore because you're getting more
of this what I would call afery of fruit coming
(20:05):
into the market from locally growing growers up in Europe.
If we can't continue to keep ahead of them by
supplying more fruit, and consumers are buying that lower quality
and they having the same experience you do, which is
they don't necessarily differentiate between the company or the brand,
or they're just buying Kiwi fruits. So if they have
a bad experience, then they get turned off the category itself.
Speaker 2 (20:27):
Exactly good insight might appreciate it very much. I knew
you'd have an answer, Jason to break that's very CEO.
It is twenty minutes away from No, it's not eighteen
minutes away from seven pasking before I continue to bag
the banks, which I have every intention of doing, probably
with alacrity between now and nine o'clock. Some good news
we have bank switching, which surged in December. So, in
(20:49):
other words, all this whining about competition or lack of competition,
and this is where I actually side with the banks
as opposed to the government who seem obsessed with doing something,
not that they've done anything with banks, and we need
more banks apparently, and if we had more banks, the
world would change. But we are switching banks, so people
are shopping. Around two billion dollars worth of mortgage debt
changed hands between lenders. That's a record two point one
(21:11):
billion represented a quarter of the new mortgage lending in December.
So there's a lot of us swapping out and changing banks.
So the whole thing about it's hard to change banks
and nobody does it simply isn't true. The data comes
from the Reserve Bank level of switching between lenders rows
throughout twenty twenty four. So we are active, we are
looking for good deals, we are swapping about the place.
(21:34):
So I think that's probably encouraging. Seventeen to two The.
Speaker 1 (21:37):
Mic Hosking Breakfast Full Show podcast on iHeartRadio cow it
By News talks.
Speaker 2 (21:42):
Be so yet again with Kiwi fruit, Mike, just like crayfish,
we're getting left of the crap. No you don't know.
That's not what he said, Mike. Next time you buy
fruit at the supermarket, make sure you buy grown in
New Zealand. Simple, really, ffs, Bob, turne it down. I've
got a busy life. By the time I do the
washing and the ironing and the cleaning and the dusting,
I'm under some sort of stress. But when you're a
bit like me, you assume that zesprey New Zealand is
(22:06):
just the thing. And why would we import or bring
in other stuff. I know it happens with lots of
other products, but for some reason I just thought that
we you know, so check the label was the best advice, obviously.
Speaker 10 (22:18):
Fourteen to two International Correspondence with Ends and Eye Insurance
Peace of mind for New Zealand business.
Speaker 2 (22:24):
Right, So it's hard with you Darnold, good morning. What
do you make only upside of this? I guess I've
been reading extent. It's been a long time since something
this catastrophic has happened on your soil. But I suppose
it doesn't make it any better.
Speaker 11 (22:37):
Yeah, this is the dearest US plane crash in more
than fifteen years, So that's the time spread as they're
still trying to recover bodies from the ic Potomac after
the collision of this black Hawk helicopter military chopper and
an American airline state with all sixty seven people on board.
Those two aircraft believed to have been killed. More than
three hundred first responders and rescue workers are on scene.
(22:57):
They recal at least twenty eight bodies so far, no survives,
say rescue officials.
Speaker 1 (23:02):
We're switching from a rescue operation to a recovery operation.
Speaker 11 (23:06):
Yeah, this is grim work. They have people on boats
trying to find bodies and divers in the frigid waters.
The Potomac was only just starting to soar after weeks
of being frozen over. You know, with most air disasters,
it takes months, even years to fully assess what went wrong.
This time, blame games started instantly. But to begin, here
is what witness Ari Shulman saw. He was driving near
(23:27):
the Reagan National Airport last night.
Speaker 12 (23:29):
The plan was banked all the way to its right side.
I could see the belly the underside of it.
Speaker 3 (23:35):
It was lit up a.
Speaker 12 (23:36):
Very bright yellow, and there was a stream of sparks
underneath the plane.
Speaker 13 (23:43):
I didn't know what was going on.
Speaker 12 (23:44):
I could not see any sort of helicopter or anything
that had collided.
Speaker 11 (23:47):
With Yeah, just those sparks. Then nothing, because the wreckage
of the two craft went down in the river where
the fuselage of the American of the Lanes jet now
is in three separate pieces. The jet was coming into land,
and officials said it had been averted to a second
landing strip while the military chopper had been alerted to
the jets path.
Speaker 3 (24:08):
The helicopter was in a standard pattern.
Speaker 11 (24:11):
So says Transport Secretary Sean Duffy, who's just what two
days into his new job. He says also of this situation, well.
Speaker 3 (24:19):
I think this was preventable, absolutely.
Speaker 14 (24:21):
Yeah.
Speaker 11 (24:22):
That chopper, with its crew of three, was on a
training mission over what the busiest landing site in the country.
The chief of American Airlines, Robert eism appears to be
blaming the military crew for being in the wrong place. However,
in a long statement in the past our President Trump
blamed diversity and Democrats diversity in hiring air traffic controllers,
and the Biden administration, including former Transport Secretary Pete Buddha.
(24:44):
Jetge says Trump.
Speaker 15 (24:46):
Is a disaster. He was a disaster as a mayor.
He ran his city enter the ground, and he's a
disaster now. He's just got a good line of bullshit.
Speaker 11 (24:56):
Quote unquote from the President politics. As Ever, there were
a couple of previously missus at Reagan National, including one
last May and another in the previous April. In this case,
the chopper part was informed of the proximity of the
jet by controllers and said he was well aware of it,
but then neither aircraft moved out of the way. According
to the radar, on board the American Airlines flight from
Kansas were a number of top ice skaters, fourteen of
(25:19):
them who had just been taking part in the US
National Skating Championship. A number of these skaters and others
from Russia are among those believed to have been killed
in the tragedy. Not on board was figure skater John
Mara Villain, who was denied boarding because he had his
dog with him and was told at the gate that
the pet was too big and could not come on
board the plane.
Speaker 2 (25:39):
At the time.
Speaker 11 (25:39):
The skater was furious sent a message on Instagram saying,
quote get me the bleep out of Kansas please. So
he got in the car drove home while with his dog. Amazing, unreal.
Speaker 2 (25:49):
I've been watching Cash this morning. He seems more normal
than yesterday's affair.
Speaker 11 (25:55):
It's all relative, isn't it. Yeah, another big day of hearings.
This is also day two of the raf K hearings
for Health Secretary RFK has been hit with I will
say blistering attacks for his opposition to various vaccines, and
he then revealed only then that he was while voicing
all of his anti vaxed themes, he had his own
kids vaccinateed didn't tell anyone. This also comes after JFK's
(26:18):
daughter Caroline Kennedy went public with that blistering letter where
she called her cousin a quote predator and blamed him
for introducing other Kennedy family members to hard drugs.
Speaker 2 (26:28):
So yeah.
Speaker 11 (26:28):
Also at the hearings today, Cash Purtel for FBI and
Halsey Gabbett, who is up for National Intelligence Director. She
is facing questions about her meetings with Sirius Assad when
he was hanging on to power stool, and over her
past support for people like Edward Snowden who leaked national
security documents. So far, few Republicans have challenged Trump on
any of his picks, so we'll see if any of
(26:51):
this matters to the mostly irrelevant pollies on Capitol Hill.
Speaker 2 (26:54):
See you man, no, ma'am, have a good week. In
Richard Arnold State Side nine to seven.
Speaker 1 (26:58):
The Mike Hoskin Breakfast with Bailey's real estate news talks,
there'd be Mike.
Speaker 2 (27:02):
The increase in bank switching, probably because more people are
now invariable, not locked into a fixed rate. Well it
maybe maybe not, who care? So the point was more
people are switching, and that's good. You've got freedom of movement.
It would also help if you didn't need to get
a lawyer involved just to move your mortgage. Will you don't?
It's an extra cost and hassle people don't want.
Speaker 8 (27:19):
Mike.
Speaker 2 (27:19):
Change from kiwibank to Westpac recently, more flexibility, easier to
contact whole family. Change as a result. Well, that's good.
My only point was people are changing. So this whole
argument from the government that somehow we need more banks
and that's going to revolutionize the world isn't true. Open banking,
they will argue, improves it further. I've done a lot
of reading about open banking in Australia. It's better, I think,
to have open banking than not, and we will get
(27:41):
it eventually. But they're selling it as a panacea. It
is not. It has not been that in Australia or
anywhere close. So it will be an improvement, but not
perhaps as much as you think it might be. Five
minutes away from seven on.
Speaker 1 (27:54):
The ins and the ouse, it's the fizz with business
favor take your business product activity to the next.
Speaker 2 (28:01):
Leveling houses are the rebounds on? I told you that
last year, didn't I call Logic home value indexes out
this morning. This is for jen property values dropped episodes
slightly down zero point one percent. So let's call that
flat fifth month in a row with a decline or
negligible movement. Between March and August, values drop four point
one percent. But since then they dropped only zero point
four percent, So the tide is turning there median value
(28:23):
currently eight oh three on average around the country. Compare
that to the peak of twenty one and twenty two.
It's seventeen and a half percent down obviously, but if
you compare it to pre COVID, it's still up sixteen
point three percent. They stop moaning. What else can I
tell you? Wellington down zero point six percent, Hamilton up
zero point five percent if you want to go year
on year, which is the one that I favor. By
(28:43):
the way, what they're saying this morning is that the
rates are dropping. Obviously, the mortgage rates are dropping. Sales
volumes have continued to rise. That's good. May well start
to reduce available stock, and when you can't get what
you want, you know what happens, you pay for what's left.
This could create more a pressure amongst buyers, and it
wouldn't be a surprise to see property values start to
(29:04):
rise again shortly. That's my pick. Last time I looked,
as I said earlier this week, b and zaid, I
think you're calling seven. It's bullish, but I wouldn't be
far off that I reckon five to seven for the year.
By the time we get to the year, five to
seven percent. I think Nelson's Hot one point seven percent
up on the year, kai Kura two point three eight
fantastic Timaru over a percent up on the year. Most
(29:25):
places in general are down obviously year on year. The
boom area is, of course, Queenstown Lakes District one point
six one point six million dollars on average for a
house in that particular part of the world. That's up
two point four percent on the year. Right, We've got
some problems, but we've got some good news as well.
So one of the problems is that the whole bunch
(29:45):
of these products mainly around health, animal plant stuff like that.
These are products that they argue, if we could get
them into the country would revolutionize bits and pieces of
these various industries. They're not into the country. Why not, Well,
because there's a a backlog because the Department of whatever
isn't doing their job properly. So we'll work you through
that problem. I'll also talk about wool and counpits before
(30:08):
eight o'clock.
Speaker 1 (30:10):
The Breakfast Show, Kiwi's Trust to Stay in the Know,
The Mic Hosking Breakfast with Bailey's Real Estate Finding the Buyers.
Speaker 3 (30:18):
Others can't use togs Dead boring.
Speaker 2 (30:20):
Seven past seven. So I got some upset over a
backlog silver Fern Farms, Business, New Zealand, Fed Farmers, Hort
New Zealand, PGD Rights and zest. But you all want
the government to clear the backlog of over one hundred
potentially groundbreaking animal and plant health products they're waiting for
approval now. Animal and Plant Health New Zealand Boss Lis
Sheckleton's with us lose morningen am, I is this new?
Has it always been the case?
Speaker 5 (30:42):
Look?
Speaker 16 (30:43):
I think it's about looking forward and where we are
at right now as a contry. This is a critically
important review for the primary sector and for all of
New Zealand. One chance to get this right and this
is about action right now, getting innovative tools solutions out
of a queue and into the hands of our farmers
(31:03):
and growers. And that's to help them mic to face
some really tough challenges at the moment with pests and diseases,
solutions that are also mission critical to achieve the government's
goal of economic growth for primary sector exports.
Speaker 2 (31:17):
Is it simply a queue though because they don't have resource?
Would resource solve it? Or is it more comics in them?
Speaker 16 (31:23):
So look in the letter to m Ministers, which will
find be over a dozen primary sector and business leaders.
We all support this isn't a free path. We all
support regulation and it's important that we have a regulator
that is appropriately resourced. But what the companies behind these
solutions are telling us is that it does more resourcing
(31:44):
does not appear to have moved the dial to date,
and without change it will be too hard to do
business here in New Zealand. And we might look. It's
great to hear the Prime Minister's commitment to going for
growth with a lot less now and a lot more. Yes,
this review is a chance to act on that. One
Cabinet consider the recommendations from the review next month because
(32:05):
what matters here is unblocking that queue will benefit New
Zealanders from Fanga Aidawan to in ver Cargo. And I'm
hearing this every day, Mike, and can give you some examples.
If the audience are interested.
Speaker 2 (32:17):
They are interested.
Speaker 16 (32:20):
So look right now, Nortland farmers are telling us that
one of the world's most devastating pests, fall army worm,
is getting worse up there, two to three weeks more
advanced than last season. They have limited treatment options and
there's a worry those treatments are going to become resistance.
In the queue at the moment is an alternative called
(32:42):
tetranilla prol It's been there since December twenty twenty two
and unclear when that will be approved. Go across over
Christmas to Hawkes Bay areas like Tucky Tucky. Our apple
growers need solutions for diseases like black spot to get
access into trademarks like China. It is their number one
(33:02):
barrier to trade in the qure. Solutions for that too
sitting under assessment for the last three and a half years.
In that time, the Australians have approved active HAD label extensions.
So Australian growers are out in front of us and
look just even of a Christmas mic if up in Oakland,
if you go out to Mangai and the airport, shout out,
(33:25):
we are fantastic biosecurity teams. They're at NPI, they're juggling
the fruit fly response at the moment and they're also
trying to stay on high alert for brown marmorated stink
bug again one of the world's most wanted pests. It
would absolutely decimate our veggie industry if for got in
again in that queue is Dinota for and a solution
(33:48):
that would ease pressure on peoples and systems.
Speaker 2 (33:50):
Fantastic list. Listen, I got to move on because I've
got diavid sem when i got the Trade Minister waiting
for you in a mount But you outline the case
very very clearly and give what the premise has been
telling us about greyth So you've given as the problem,
you've given us potential solutions. We'll talk to David Seymour
about it after seven thirty. That's Louis Shackleton like the
cinlor of herjib, Animal and Plant. New Zealand CEO eleven
minutes past seven cosking the Americans. As we mentioned with
(34:12):
Andrew earlier on, turns out the United States now our
second biggest export market, where once Australia was everything. Now
it's third, so China, the US and now Australia. Trade
Minister Tod mclay's will this morning, my good morning. Did
you hear? He a moment ago?
Speaker 17 (34:25):
I heard, just caught the end of it. I'm sorry.
Speaker 8 (34:27):
Are you?
Speaker 2 (34:27):
Are you concerned that we have a massive queue of
solutions waiting to come in and help New Zealand business
grow but they've been sitting there for over a year
of not two years, and we need to crack on Todd.
Speaker 17 (34:37):
It's absolutely and actually as Agriculture Minister, I hear it
from the sector all the time. We're far too slow
in that. It's very much what the Prime Minister laid
out a week ago in the State of Nations speech.
We end up saying no and it's too hard, rather
than finding a way to say yes. So mat my
words in the space that that lady was saying, they
need some help. We're working very furiously on Le's and
(34:59):
same to our officials. Yep, if you're going to let
it come into New Zealand has to be safe. But
if other countries are using it, you know the way
to prove it shouldn't be as difficult.
Speaker 9 (35:08):
As it is.
Speaker 2 (35:09):
Exactly as much as I want to celebrate America and
I do, is anything gone wrong with Australia? Are we
growing Australia as much as we could or should?
Speaker 10 (35:17):
Now?
Speaker 17 (35:18):
Look, I think there's softness in the Australian market, that
their economy is with ours and so that felt us
through to sort of our trade. But it's still very
very important to us. I think one of the most
important trading and investment relationships we have. But what's happened
in America is they are consuming more and as their
economy is growing quickly, they're looking towards many countries of
the world and New Zealand. Incidentally, although this isn't to
(35:41):
do with President Trump. When he became president last time,
our trade with the US grew very very quickly. And
although there's a bit of uncertainty about what he might
or might not do around tariffs, my prediction is during
the term of his presidency, New Zealand exporters will do
very very well in the US market.
Speaker 2 (35:58):
Good this growth was seeing in the US market, are
we fully tapped or is there so much more potential there?
Speaker 17 (36:03):
There's a huge amount more if you look at sort
of where the growth is to put them, and they're
only about in goods about eight hundred million dollars a
year ahead of Australia. But you know, that's great for
our exporters. We've seen real growth and beef, there's been
some in dairy, a lot and wine and then a
lot of it's tourism as well, you know, visitors coming
down here. No, I reckon we're only just scratching the surface.
(36:25):
Our approach previously has been let's sell to America as
opposed to I don't know. The city of Los Angeles
has been a couple of times bigger than New Zealand.
So what we're seeing from a lot of our exporters
is then being much more strategic and a lot smarter.
Let's go into a market, and let's focus on this
state and build a really good presence and then step
to another one, rather than saying let's try and supply
(36:48):
everybody across America. And I think it's just a high
quality product, a really good reputation, and we have people
up there in that market that are really good now
at doing business.
Speaker 2 (36:58):
I know this is slightly out of you wheelhouse, but
there's a letter floating around this morning from the BNZ
to a coal mine, and this is what Change Jones
have been on about this week, just systematically closing down
their business saying there's no check account, there's no debit card,
there's no credit card, there's no nothing. Is this part
of the big growth strategy in this country? Or do
we need to do something about it?
Speaker 17 (37:17):
We need to fix that. Look in each business has
a right to make decisions for itself. But it feels
like there's been a very very big push from around
the world and in New Zealand we you know, grab
the bit between the teeth of saying again no to things. Look,
we do need to transition to more sustainable business practice
full stop, but we shouldn't be doing it by closing
(37:39):
things down that we currently need to grow the economy.
We can use our natural resources to help with AI
for more electricity that we'll need to build the batteries
of the world once and also you know, have good
environmental outcomes. It shouldn't be a trade off between one
and the other.
Speaker 2 (37:58):
I just don't get todd how you as a government
can go We're pro mining and we want more mining
while at the same time the Bank of New Zealand
is closing mining down and overtly and deliberately.
Speaker 17 (38:11):
Well, that's right, and I think that's why I've seen
Shane raise it as a minister, and you know there'll
be a bit more talking about it. One of the
new responsibilities Chrysluction's given me as part of you know,
growing the economy this year is you know, Minister of
Investment Foreign direct Investment. And here's the interesting thing. When
I was up in the UAE, one of their big
investment funds says, you guys don't issue banking licenses anymore,
(38:32):
and I said, well we do. Why I said, well
we go and and we are looking at parts of
the world where we are opening local national banks, not branches.
And I said to them, well, why don't you come
down and talk to us. If it's a good fit,
we'll do whatever we can. So here's the message to
be and said in others they have a right to
make decisions, but actually the government's job is to you know,
(38:52):
allow things to happen and set up the framework. And
if they don't want to do it, I think around
the world others will. But maybe after Dane has spoken,
bn zaid'll go and have another look at their policies.
Speaker 2 (39:02):
Well said, Nice to have you on the program. Tom
mclach Trade Minister, sixteen Past.
Speaker 1 (39:09):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by Newstalk s B.
Speaker 2 (39:15):
Let me come to the letter in a moment. But
a lot of you have been asking, quite rightly, does
the NAB do the same thing the NAB and Australia
is the parent bank. Latest we found US from Market Forces.
Market Forces are very green, pro anti mining sort of group,
so they wrote a report in December am Z, NAB
and Westpac and your climate reports last month. The key
takeaway is the door is still open for fossil fuel
(39:37):
companies to keep receiving more finance for their climate destroying
expansion plans. A and Z, NAB and Westpac reported overall
drops and lending exposure. NAB reported a drop of one
hundred and eighty million, which of course is check and feed.
Overall decrease in fossil fuel lending by the big four banks. Generally,
lending from all four banks has gone though to companies,
they complain because of their ideological stance with plans to
(40:00):
develop more coal and oil and gas. Oil and gas
is a bigger player in the electricity market, of course
than it is in this country. But there is My
summation of the article is there is no overt plan
from those banks to curtail banking with those people. Because
the letter from the B and Z to this particular
mine was sent at twenty twenty three and they gave
(40:22):
them a bunch of exit dates. They're going to close
the mind's asset finance facility by the beginning of this year,
they're going to shut the lending facility. By July, they're
canceling credit cards and closing all accounts by twenty thirty.
It was making the decisions in response to its coal
mining policy, which included capping coal exposure since twenty nineteen,
exiting thermal mining by twenty five, and exiting metallurgical coking
(40:44):
coal by twenty thirty. These are parts of the B
and z's commitments to the Paris Agreement on Climate change.
Say whatever you want about coal, as I've said a
million times on this program, So whatever you want about
coal and all the fossil fuels in the world, if
we could do without it, brilliant. But we can't. And
you cannot have a government that talks about growth and
(41:04):
getting ahead and productivity when you've got one commercial operator
overtly and deliberately sabotaging the operations of another commercial operator.
You can't have it. So there'll be plenty more to
say on this in the coming days. In week seven twenty.
Speaker 1 (41:24):
The Mic Asking Breakfast Full Show podcast on iHeartRadio call
it by newstalksp.
Speaker 2 (41:31):
Now Xpole as an expol you know the name they're
asking the question, did you know that New Zealand's building
standards are a bit of risk at the moment of
going backwards. So right now there's a lot of discussion
about reducing our insulation requirements when apparently we're already only
meeting fifty percent of global standards. So this comes after
those headlines about overheating homes. Right, So here's what the
experts are actually saying, very poor design. It's not the insulation,
(41:53):
it's the poor design. So think about it. Think about
it like a chili bin. Proper insulation keeps heat out
in summer, warmth then in winter, so xpolse a. It's
basic building science. But some are pushing to reduce these standards,
potentially leaving homeowners with higher energy bills and less comfortable
homes for decades. So as the experts put it, not
insulating under concrete four slabs, that's the dumbest thing imaginable.
(42:14):
So you literally cannot fix an uninsulated slab once it's
done for obvious reasons. So with over forty five years
of experience in insulation, Xpole has continuously evolved the staying
ahead of changing building standards, and they know proper insulation
is critical. It's crucial for healthy, comfortable homes year round.
So if you want to protect New Zealand's insulation standards,
xpole dot co dot Nz, expol dot co dot Nz
(42:38):
and learn more xpols standing up for warmer, healthier homes.
Pasking right time now to mark the week, the little
piece of news and current events. It's as popular as
a long black for under five dollars trump eight.
Speaker 4 (42:48):
Have to be talented, naturally talented geniuses.
Speaker 2 (42:51):
Yes, some madness and puffery and stuff you know will
never happen, but a lot of energy and buy in
this week. It'll be dramatic and I think on balance
are successful four years our economy though two I mean
while we distract ourselves with US reppery over Mexican barbes
and a sis sales that aren't actually happening, listen to
the Reserve Bank or the HSBC this week, or indeed
any financial commentator of note. We are in deep, deep
(43:13):
deep trouble. No growth, I mean no growth at all,
backwards and growing debt. It never ends well. Deep seek four.
Not the world changes they freaked out about day one,
but a reminder of the Chinese never sleep. Actually Deep
seek seven that actually, I think is the real lesson
in the story this week, sanctions as in the chips
didn't work. All it did was make shin nerds in
(43:34):
China more creative. Charter school seven one of the good
news stories of the week. Not only did more schools
apply than they had money for, more pupils applied to
those schools than they had desks for jobs six another
good news story. We grudra jobs at the end of
the year, not by much, but we didn't go backwards
a dairy seven. Stop more the news that are you
(43:56):
doing another increase in the latest dairy auction? Of course
boom seven. I think what they will find is reaching
mack one on a plane as small as they did
is easier than reaching mac one in a big plane
with a lot of people playing less than a small
fortune to fly fast. In other words, not a lot's
actually changed since Concord. Speaking of speed speed limit six
this week is a start, but really does have to
(44:18):
be that hard and slow for the rest of these
roads they promised. Sale GP seven one of the highlights
of the holidays. That thing is slick ass, It is
well run. It makes New Zealand look great. Courts is awesome.
He's brilliant. Winston for mister Hoskins, quote my words, the
race thing. I thought he'd moved on from. I mean,
he looks better than that these days, until he doesn't.
(44:42):
Shane Jones seven, it's my hard Minister of the week.
Taking on the banks over fossil is a fight he
shouldn't have to have, of course, but he's got the
bulk of us on his side. I reckon no limits
on Eden Park seven. Idea of the week. How about
we actually do it instead of just gas bagging about it?
And that is the week copies in the website and
part of this was written for the first time, by
the way, by digital nomads, or at least that's what
(45:05):
they said. They were husky oppressor from Todd McClay Mike
another minister who's putting in the hard yards. That's true.
He's billy in the country. He's doing so much business.
I didn't have time, but we will later on this year,
because i'vealked to him a number of times. The world
of free traders closing. Thank the Good Lord for the
Middle East at the moment, and maybe the British deal,
but the world of free trade is closing. Although there
you go, there's your irony. America is not remotely open
(45:26):
to free trade, and yet we've never sold more stuff
to America than we are at the moment. So so
explain that to me, Mike, Car yards, car workshops. They're
going to be next with the banks. That's true. That's
what I'm saying. Before you want a V eight, they're
going to lend you the money you a lot. News
is next, then David Seymour's.
Speaker 1 (45:40):
Your source of freaking news, challenging opinion and honored facts.
The Mike Hosking Breakfast with Vida, Retirement Communities, Life Your
Way News.
Speaker 3 (45:50):
Tom said, b I'll.
Speaker 2 (45:51):
Give you the numbers. Talking to McLay earlier on about
the US and all that sort of stuff. So the
numbers that came out yesterday, export bros by almost a
billion dollars last month, which is good, six point eight
billion for the month. Imports were up as well, to
six point six. Six point six to six point eight
is a gap. That's called a surplus, and that doesn't
happen often. So we got one of those. So we'll
take that all year long, massive growth in America. A
(46:13):
lot of it's burger patties. But I suppose that doesn't
really matter. We've got exports to China up twenty two percent,
the US up eleven percent, Australia up eight percent, the
European Union out thirty nine, Japan up three. So for
the month anyway, it looks slightly encouraging twenty three to
eight kid utter eight or floated animals. Course, right back
to the business of this animal and plant health products
(46:34):
that are stuck on this list waiting for approval. Ministry
for Regulation's undertaking this review of the current application process,
and the Regulation Minister is, of course David Seymour, who
is well, it's very good morning to you. Good morning
make Did you hear Liz Shackleton earlier?
Speaker 9 (46:49):
Yeah? I did.
Speaker 2 (46:50):
Did she make a comprehensive and cohesive case.
Speaker 14 (46:54):
Absolutely, it's the case that she made to us near
the end of last year when we started the sector
review on agricultural and horticultural products. Since then we've been
out interviewed, listen to aighty different stakeholders. We've put together
a paper for Cabinet with a set of actions to
unblockless and get these products approved so that Kiwi farmers
(47:17):
and horticulturalists can be competitive. That will lead to passing
a law in Parliament this year, among other things, solving
the log jam that you've got four different government departments
to so called regulatory systems very hard to navigate and
it takes five yes to get something through some time,
(47:39):
while you our farmers competitors across the ditch are already
way laughing.
Speaker 2 (47:44):
Is there any excuse for having the system the way
it is?
Speaker 14 (47:49):
I don't think so, and that's why I was so
keen to have a Ministry for regulation. A few people
laugh said, you're creating bureaucracy against bureocracy. But I think
what we will see as this review goes through, along
with the Early Childhood Center one in the headdressing and
Barbara one, is you get a group of people who
are getting it from every angle by regulators. You need
(48:11):
someone to go and there, ask them what the problems are,
put them more in a coherent form, and then allow
the Cabinet to say, right, this is what we're going
to do. If we need to change laws in Parliament,
we will. In the meantime, we're also going to in
this case, for example, start saying to these regulators, okay,
we're actually the ministers we want you to work together,
(48:33):
not just bounce applicants between you like pinball. And we
want also to see some targets that we're going to
hold you accountable for that hasn't been happening. Allowing people
to get the products they need in order to be
competitive globally has kind of been an afterthought.
Speaker 2 (48:52):
So the law this year, once the laws passed, does
it solve itself instantly or is there more time involved
there as well.
Speaker 14 (49:00):
You've got a bear in mind there's a backlog of
about one hundred producks, and I don't want to sit
here this morning and say that we're going to deal
to every one of them this year. But what I
do know is that we're going to have new targets,
new law, new processes, and we'll start getting through them
much much faster and more sensibly than we have for
(49:22):
a very long time. And that's going to be I
think very welcome from the likes of Shackleton, and I
think it's probably helpful that she's getting out there and
making sure the pressure stays on even before the report
gets to Cabnet.
Speaker 2 (49:37):
Good while I've got your headlined didn't look good? Is
the media picking on you and your school lunches or not.
Speaker 14 (49:45):
I think they're taking some of the worst examples that
they can find, in the worst comments that they can find,
and saying this is all terrible. But I just make
two points about that. First of all, I read in
the Herald this morning a rest On critic who said,
it's not the best meal I've ever had. It's not
the worst meal that I've ever had. Actually did have
(50:06):
a lot of vegetables in it, and on balance it's
a pass. I think that's probably a fair assessment from
walking around the school hall at Otahu College yesterday as
I did, and asking the students. And I make a
second point is that we've had some people school Prince
of Balls and others saying this is not good enough.
We demand to buy the kids pizzas, and now you
(50:28):
must reimburse us. I mean, I think we've got to
take a bit of a step back here in New Zealand.
This is a government with a seventeen billion dollar deficit.
We have managed to save one hundred and thirty million
on this program while actually providing meals for more kids
this year. We're doing something new and today is only
(50:49):
day five of it, or actually day four with school
holidays in some places. So you know, I think we've
got to get a bit of a reality check. We
need to do things better together, and we are. And
by the way, there's still seventy five percent of students
out there whose meals are provided by their parents. And
I can guarantee you if you were to do a
(51:11):
sample of New Zealand children about their parents' lunch preparation,
you might get some mixed reviews there too.
Speaker 2 (51:18):
Yeah, exactly, I can't let you go without asking about
this ben Z thing and the cool Are you on
board with Shane Jones? But what the hell's going on?
How do we get growth if banks are closing down
legitimate businesses.
Speaker 14 (51:29):
Well, there's two things going on here. First of all,
I agree with Shane up to a point that what's
happening in our society is probably best described as wo career.
It comes from the universities, it feeds into the graduates,
and all of a sudden, it's in the boardroom. You've
got businesses that are pursuing all sorts of agendas that
actually most of us never signed up to, wouldn't sign
(51:51):
up to, and don't support. But I also just raise
this matter most people who want to be in business
for any length of time have their focus on the
bottom line. And if you look at this country, the
regulatory environment or the Prime Minister went along to a
university and effectively banned the oil and gas industry in
(52:13):
a speech. There's been a real geeheart on mining and
especially on coal over the last few years, not just
in New Zealand but around the world, and often when
you hear a lot of ideology out of the boardroom,
part of it is this country, but part of it
is they are looking at the risk that they face
from financing certain industries and saying we're not so sure
(52:36):
about that.
Speaker 9 (52:36):
So yep.
Speaker 14 (52:38):
Easy to beat up on the banks, and to some
extent I think it's warranted, but it's also critical that
we make sure with our resource management reforms, with our
critical Minerals List that I think Shane is scheduled to
announce today, and with our overall attitude to farming and
extractive industries, that we actually make sure that the regulatory
(53:00):
risk faced by banks doesn't give them a reason to
be nervous, for which I suspect some of the spokery
is actually a bit of a paint job on the fact,
they're genuinely concerned. So it's not sure we get the
regulatary environment right. So these industries are genuinely welcome in
New Zealand, not just a risk to banks.
Speaker 2 (53:18):
Well, so David Seymour, Act Leeder, sixteen minutes away from
eight Osky good news. Ice House Ventures have closed their
late largest EBB growth fund. This goes to this ongoing
thing that there's a world of money out there. Prime
mister talks about it and coming into the country and
foreign investment and stuff, but at a more local level,
there's a world of money out there. There are people
(53:39):
with cash to burn. Just go and give me a
good idea, Just give me something to invest in anyway.
So the largest ever growth fund one hundred and twenty
two million. That one twenty two million is going to
go to twenty late stage startup tech companies, which is good.
There are more than six hundred investors in bold here.
There are angels, they're high net worths, there's institutional players
and their three key we Saber funds are and there
the fact the first time, very different key WE Saver
(54:01):
managers are in the same venture capital fund. Collective investment
of that one twenty two is forty million, so it's
a third of the total level. So it's good to
know there are people out there with money and putting
it in well arguably the right direction, and that all
leads in well to growth, we hope. Seven forty five.
Speaker 1 (54:19):
The Vice Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks.
Speaker 2 (54:24):
That'd be speaking of wokery. A very good piece by
Roger Partridge of the New Zealand Initiative to be found
on the Herald Supreme Court's rush to judgment as a
constitutional wake up calling. He's one hundred percent right if
you haven't followed this. There's a recent ruling. It's about
the coastline. The government are sort of getting around to
doing something about the law of it. In the meantime,
the Supreme Court judges are gone crazy, so have a
(54:46):
read of that today or over the weekend. Marry and faithful,
pretty sad report has just passed away in London at
the age of seventy eight. We know nothing more than
that at this particular point in time, apart from the
fact you died peacefully. I always think abo'm marying faithful.
The claim the BBC are claiming is Tears go By,
And maybe I'm not old enough, but I never saw
(55:07):
that as they said, that was her big thing. This
was her big thing, wasn't it?
Speaker 17 (55:11):
Thousand Love.
Speaker 12 (55:14):
World, A Hurry and a Little Man and Rah.
Speaker 2 (55:21):
And I also wonder because there weren't that many hits.
But everybody knows Mary and Faithful. And I wonder if
everybody knows Mary and Faithful not just because of the
song or maybe even Tears go By, but because of
course McJagger. And once you hang out with McJagger for
a while, then suddenly you become an entity in your
own right. But seventy eight because a personally officially got
(55:42):
old over the holidays, as far too young as all I.
Speaker 13 (55:45):
Can are, you're a little way off.
Speaker 2 (55:46):
Well, no, no, I'm a long way away from seventy saying.
What I'm saying is suddenly seventy eight was closer than
it used to be when I was twelve, and I'm
thinking el seventy.
Speaker 13 (55:55):
Here's a little bit of advice.
Speaker 1 (55:56):
Don't go out partying with Mick Jagger too often and
you might works did past it?
Speaker 2 (56:02):
Look at Mickjagger. I mean, how does Mick Jagger look
the most well eighty year old saw McCartney. Yeah, no,
is that really how you had described it? Now he
looks reasy, he looks fit and healthy. I'll give you
that for nothing. Coffee, by the way, is there an
industry in people scaring us about coffee? Yesterday? Things are
about to get scary. There's your headline, things quote unquote
about to get scary for coffee. So average green coffee
(56:23):
prices are gone from three seventy six akilo and twenty
twenty to ten eighteen aikilo in twenty twenty four to
thirteen ninety seven so far in January, roasters are facing
between a twenty five and thirty five percent reduction in margin.
Here's my guess. First of all, here's the other thing.
The sector is in uncharted territory, which is not true
because commodity prices haven't been this high since the seventies,
(56:45):
so it can't be uncharted territory. If it's been there before,
it's charted. We're in charted territory.
Speaker 13 (56:50):
And it's like when Donald Trump says that they've just
had the worst inflation that they've exactly in history.
Speaker 9 (56:55):
Except for all to write these stories.
Speaker 2 (56:56):
These days, don't even think about what they're saying, so
we are in chart, So in the seven is what
they do? Oh guess what they survived? Because guess what,
We're still drinking coffee. My guess is as painful as
it may be, I think we'll still keep drinking Coffee's
one of those things you can't give up, isn't it?
Speaker 1 (57:11):
Neither Wight the Mike Cosking Breakfast with Vida Retirement Communities News.
Speaker 3 (57:16):
Togs had been.
Speaker 2 (57:17):
Sticks away from it. Got to win for our friends
in the Wall business change coming from Housing New Zealand
that tender process. Previously, if you dealt with Wall, they
didn't want to know you. Now they've had to change
the tender process. Wall manufacturers can be involved, which is good.
Bremworth Chief executive Greg smith back will this Greg Morning,
Morning Mike. The ability to participate does not a contract make.
(57:37):
Can you compete?
Speaker 13 (57:40):
Yeah, we know we can compete on durability. In fact,
we can win on durability and now we just have
to win on price, which which won't be easy, but
that creates innovation and we're going after it. We expect
to win it.
Speaker 2 (57:51):
How frustrated have you been because the government talks about this.
You're supposed to favor in New Zealand and wall and
all that stuff, and then they overtly did not. How
does that work?
Speaker 13 (58:02):
Well, yeah, I mean obviously I think it was early
December when we found out that news and we were, yeah, obviously,
we're pretty frustrated. It was great to be on your
show and you've always supported Will. We appreciated a good
start to the new year with this news, so you know,
it's some time to get on with it.
Speaker 2 (58:18):
Do you reckon the tider's turning a conversation out there?
Do people start to get it? Do you feel that
or not? Or is it still all about price?
Speaker 17 (58:27):
Now?
Speaker 13 (58:27):
Look, I mean we just spoke to one of our
biggest supplies yesterday in our office at Pepatot Toy and
they were saying that about thirty percent of their business
as well, from fifteen percent three four years ago. So absolutely,
consumers are getting onto it. They want we'll carp it
without a doubt, and so if we can get the
price right, then we'll win more.
Speaker 2 (58:48):
Do you Is it one of those products that, yes,
it will always be more expensive, but there are the
benefits and that's what you need to explain. Or can
you genuinely compete on price.
Speaker 13 (58:58):
Well, I just think we have to and so we've
got to find a way to compete at those lower
prices with the synthetic players until you know, until such
time as legislation sort of rules out having those types
of chemical products and the consumers continue to wake up to.
Speaker 2 (59:14):
Micropresstics good stuff.
Speaker 13 (59:16):
You know, we'll start to one. Don't worry about that.
Speaker 2 (59:18):
I'm not worried as long as long as long as
long as we can help you out, mate, go well
appreciate it. Greg Smith Brimworth, Chief executive this morning, four
minutes away from it asking what a dirty little cheat
elon Muskers, Eh, what a dirty little cheat. So yesterday
Tesla crashed because they missed their sales. But more importantly,
(59:39):
he's a gamer. He's been claiming that he's ranked among
the world's best players of DIRBLO four. He can cruise
through tier one hundred Nightmere dungeons like a stroll in
the park. He shared regular updates on x about how
quickly he had conquered the global leadership boards of another game,
Path of Exile, Too, blasting through the tougher content, popping
(01:00:00):
monsters like balloons. But then people went, hang on this
isn't legit is it? And I'll tell you what happened
next shortly, what a dirty little cheat he turns out
to be. News is next, the.
Speaker 1 (01:00:15):
News and the news makers the mic asking breakfast with
the range rover, the live designed to intrigue and use togs.
Speaker 2 (01:00:23):
That'd be just to conclude the Musk storing by the way,
Path of Exile too is a New Zealand game, and
we must not underestimate the intellectual genius in this country
that's going into the world of gaming right and sending
to get out to the world anyway. So once Musk
started scarting about how good he was at these games,
I'm sorry about my intergesting. I've got a coffee this
morning and it's not that good anyway. All the online
(01:00:48):
sleuth thought, hold on here, what's going on? Is he boosting? Now?
Boosting is when you pay other people to play the
game for you so that when you log back on
yourself you're already well down the track. You've got the barts. Now,
they said he's boosting, He denied it, and before ultimately
he said, actually it's true. It's impossible to beat players
in Asia if you don't so he's boosting, so he's cheating.
(01:01:10):
And the sad thing about this is that the gaming
community apparently thought Elon was super cool because he liked
gaming and he was a famous gamer, and so he
was part of them and they were part of him,
and he just turns out to be a dirty, rotten
little cheat this morning.
Speaker 5 (01:01:23):
Isn't it? Yeah?
Speaker 13 (01:01:24):
I remember my kids used to make me play Crash
Bandicoot so that you get through to then ext work Crash.
Speaker 2 (01:01:32):
This is This is Annabe Savage, yet another artist I've
never heard of, and Glen's ongoing campaign to produce music
on this program that literally know's ever heard of.
Speaker 1 (01:01:42):
It's not my fault if nobody you've heard of has
put out any music this week.
Speaker 2 (01:01:45):
The She's from London and this is her third album.
It takes a mallower, even more keeled tone on songs
that are full of gratitude and of fiction. I'm gonna
like book of gratitude and fiction. We've found ourselves. En
Ab Savage has produced ten tracks, but there's only thirty
minutes and thirty seconds worth of it.
Speaker 1 (01:02:09):
A Week in Review with two degrees fighting for fair
for Kiwi business.
Speaker 2 (01:02:13):
Which I find to be not really value for money
Kate hawksby Tim Wilson. Good morning and welcome to twenty
twenty five. Good I mean you, yeah, welcome so exciting.
Quick question for you, KD. I'll start with you first.
I got an email on my work email this morning
claiming to be from New Zealand Post. It's the second
(01:02:35):
email I've got from New Zealand Post saying that good news.
They've picked up my package and it's on its way now.
It is edited. What this is my question to you.
It's from Electric Cherries, so I'm expecting an ellection. Wait
a minute, yeah, oh.
Speaker 18 (01:02:52):
Hang on a minute. Is that a little company, because
that could mean that they've said they're sending you a gift.
Speaker 2 (01:02:57):
That's exactly what I'm thinking. So I don't want to
click on anything, because that's how they fool you. So
I'm thinking I didn't order any Electric Cherries. But then again,
it's entirely possible that I don't even know these people
are true. Electric chairs could exist. They could be sending
me something, and if they were, I'd want it because
I love cherries. But I don't want to click on it.
Speaker 9 (01:03:15):
Just I hope it is true.
Speaker 18 (01:03:16):
I hope you are being sent cherries. But it doesn't
require to click on anything, though, did it. I mean
unless it said click to confirm your credit card details
or your addresses.
Speaker 2 (01:03:24):
I didn't do that.
Speaker 3 (01:03:25):
No, So I think.
Speaker 19 (01:03:27):
Ford it to Glenn, get him to click to confirm
his credit card details and see what happens.
Speaker 2 (01:03:32):
Okay, Well, there was supposed to arrive sometime between six
forty five and ten forty five this morning. Oh and
I have no notification whatsoever from downstairs yet that they
have arrived. So when they say six forty five to
ten forty five, I'm assuming it's you know, eleven fifteen.
Speaker 18 (01:03:51):
Sorry, I mean, you're well, it makes no sense because
your office, of course you're ended me building is literally
on top of virtually the post office, like you're next door. True,
I really should just be able to hurl it across
to you, But I don't.
Speaker 3 (01:04:04):
Know why do you do it?
Speaker 2 (01:04:06):
Old school?
Speaker 19 (01:04:07):
Just popped down to the post say have you got
a package for me?
Speaker 2 (01:04:10):
My name's Mike Costkin. You know I went down there
once and I.
Speaker 5 (01:04:13):
Don't know where it was.
Speaker 18 (01:04:13):
They may not, they may not have just brought it
up for you.
Speaker 2 (01:04:16):
No, that's probably true. Term a question for you. Yes,
So I'm having a coffee this morning, by the way,
from scratch, which is not very good. So I'm going
to need to send somebody across there to wait.
Speaker 18 (01:04:27):
A minute pay for that coffee. Do we owe Sam money?
Speaker 2 (01:04:31):
No? Not yet. Have I burnt through the amount of
money I give Sam money? He doesn't think, He doesn't think. So,
so here's the question for you, Tim. So my coffee
machine breaks, and it breaks after six years, and the
parts look to be unavailable, or at least one of
the parts required looks to be unavailable. If you sell something,
(01:04:52):
is there an obligation on you to supply parts to
make it work again?
Speaker 3 (01:04:58):
There is, there is, But for how long?
Speaker 10 (01:04:59):
I guess six.
Speaker 2 (01:05:01):
Years is long? Sixty years? Six? I mean, if it
was fifty years, fair enough, But six doesn't strike me
as a very long time for something to break. Can
you get the part from somewhere else? You mean in
the world? Yeah, well possibly, but that would be around
looking for I want to go to the shop and
to go, hey, mate, this is broken. Give me a
new one of those. Oh we don't do that. We
don't carry those. Now, that's not cool, was it?
Speaker 1 (01:05:24):
You know what I feel?
Speaker 19 (01:05:25):
I feel like five years there's a good statute of limitations.
But I think in six maybe if you're straying a bit, well,
not sure.
Speaker 18 (01:05:32):
Other coffee machine at the other houses lasted eight ten okay.
Speaker 9 (01:05:36):
Ten ten years?
Speaker 2 (01:05:38):
Oh my gosh, and you're still going. So you brought
the wrong coffee machine. That's the problem. That's the conclusion
I'm coming to. That was the other upsetting thing. One
of the things that went on it was the screen
and talk to the person and I says this comment.
He went, yep, Now he didn't tell me that when
I bought it, did he? He didn't get it.
Speaker 18 (01:05:55):
Here's the rub The parts and the labor to fix
it are going to come and at about half.
Speaker 2 (01:06:00):
The price of a new machine of a coffee machine.
Speaker 18 (01:06:03):
So do you just get a new machine?
Speaker 2 (01:06:05):
What do you do?
Speaker 6 (01:06:07):
Mmm?
Speaker 19 (01:06:08):
A half year you're starting to get up there. I think, yeah,
you got I think you might have to. You might
be out, you might be up for a new machine.
Speaker 3 (01:06:15):
I've got a question.
Speaker 2 (01:06:16):
Can I ask you a question?
Speaker 19 (01:06:18):
You like to check the questions?
Speaker 1 (01:06:20):
One?
Speaker 3 (01:06:21):
Okay, listen.
Speaker 19 (01:06:23):
I want to first congratulate you on on on turning.
Speaker 7 (01:06:26):
Sixty the figure, Well, because it's an achievement, it's a
time of review.
Speaker 2 (01:06:31):
It's not it's not an achievement. I mean, thank you
for saying. It's a nice thing for you to say,
but it's there's no achievement in getting to sixty. That's
better than well, just hang on, don't cut me off.
Speaker 19 (01:06:42):
Don't cut me off getting to sixty to be whom
you are so now you're generally known as a fighter,
but the thing that's great about you is that you're
a lover, the beacon of your marriage and family.
Speaker 2 (01:06:53):
It's honest to me. You should see me doing some
love lovely.
Speaker 19 (01:06:57):
Oh now I'm not saying I'm not saying that. There's
also not a trail of weeping politicians in your in
your wreckage.
Speaker 2 (01:07:05):
But no hats off. Happy birthday. By question though, yes,
my question is you've full a lot of questions.
Speaker 19 (01:07:10):
Different to forty and I'm sixty.
Speaker 2 (01:07:13):
Different to forty, sixty is very different. It's the new forty.
Speaker 18 (01:07:16):
Sixty is the new forty.
Speaker 2 (01:07:17):
I'm not convinced. I'm not convinced that's true, and I
have a thing about that. Let's a brief breaking more
than mote and an update, funnily enough, on the Cherries
fourteen past the.
Speaker 1 (01:07:27):
Mike asking Breakfast Full Show podcast on iHeartRadio powered by News.
Speaker 2 (01:07:32):
Talksippus Talks at Me sixteen past eight.
Speaker 1 (01:07:35):
The Week in Review with two degrees, bringing smart business
solutions to the table.
Speaker 2 (01:07:40):
Mike, a coffee machine with a screen is not a
coffee machine, and you hate coffee snobs. Only a nong
buys a coffee machine with a screen. Personally, I'd buy
a new machine to somebody else. Somebody claims seven years.
You need to supply parts for a legal requirement for
seven years. And somebody says holding off at ten years
of one going customer support when the brand ended in
New Zealand. Will ten years not long enough because the
(01:08:02):
car goes longer than that.
Speaker 18 (01:08:04):
And what's the brand of the coffee machine, the one that's.
Speaker 2 (01:08:07):
Broken, Bazira, they claim. Bazerra claim to have invented the
espresso machine in nineteen oh one, so they should have
been thinking about in nineteen oh one. I wonder what
will happen if the screen goes rushing it to market
like an Apple product.
Speaker 19 (01:08:25):
Yeah, you don't want the guy that invented it, You
want the guy that perfected it.
Speaker 2 (01:08:28):
That's the one, well said Mike Casey. Rang And the
cherry story is real. Mike Casey is an interesting Mike
Casey wrote an article in Newsroom the other day, very
linked the article and newsroom in which he referenced me,
And I think he thinks I'm a luddite because he
gave this very comprehensive review of electric cars and he
(01:08:51):
runs electric machinery and his cherry orchard in Central Otago.
So he's a really cool guy. He doesn't like me, obviously,
but that's okay. I with that before. But that doesn't
bother you, No, Mike case So he is singing me cherry,
so I'm receiving your cherries.
Speaker 18 (01:09:08):
He wants to make up why is he sending your
cherries if he doesn't like you?
Speaker 2 (01:09:11):
Because he wrote that article in news room and he
whipped afterwards either tax hosking one too many times, I
think is what he thought.
Speaker 3 (01:09:20):
You didn't even read it.
Speaker 2 (01:09:21):
But I mean, what if he just didn't put it
on here?
Speaker 11 (01:09:25):
What if he's laced the cherries.
Speaker 19 (01:09:27):
Why if he's late to give one of the cherries Gins.
Speaker 2 (01:09:33):
And Sam to taste everything before I eat it?
Speaker 19 (01:09:35):
Yeah, yep, absolutely got that cut off.
Speaker 14 (01:09:38):
He gets me to open all those envelopes with the
white powder and exactly right.
Speaker 2 (01:09:42):
Okay, Tim, question for you?
Speaker 19 (01:09:44):
Yeah, hey, wait, wait wait, you didn't answer my question,
which was what how was sixty different to forty?
Speaker 2 (01:09:52):
Better? It's better. I struck a bad patch at fifty.
So firstly, I'm not I'm not into birthdays and I
don't really care about out them. It's just numeracy and
it seems pointless to me. We're our youngest was eighteen,
so that's material because laws change as a result of
being eighteen. So I thought that was cool. Nothing happens
when you're sixty, or so I thought. Yesterday through the mailbox,
(01:10:14):
guess what arripe? I haven't told you about this, Katie,
But guess what a ripe? Because you're out all day
lunching anyway, So guess what a ride? Yesterday? Through the mailbox?
Speaker 9 (01:10:22):
A gold card?
Speaker 2 (01:10:24):
Oh? Oh, how we laughed, Oh how we laughed. So
it was a time at home, brochure, riyman care A letter?
Speaker 13 (01:10:38):
Is this?
Speaker 14 (01:10:38):
What are you?
Speaker 2 (01:10:39):
Are you the new Fox of met Life?
Speaker 17 (01:10:41):
Kid?
Speaker 2 (01:10:43):
You can't you can't say that on a show that's
sponsored by our Vida Stop it okay now, okay, No,
it was a letter from the Ministry of Health inviting
me to participate in the bowel screening program. Oh, and
I thought, how depressing is that I don't do that.
(01:11:03):
I'm not doing it. So they were absolutely right. The
question though for you, Tim last night, I haven't told
Katie about this letter from the Health Department, but last
night I'm sitting there thinking about my letter from the
Health Department as she is soaking her feet in her
new in her new foot spa. So We're sitting on
(01:11:26):
the sofa, me with my letter from the Ministry of
Health and her with their feet and the brand new
foot spar and I'm thinking, may, how are we at
our Veda anyway? Have we already checked into our Veda?
We just don't know.
Speaker 18 (01:11:38):
It, we basically and I love it vibes at our
place and I love it.
Speaker 5 (01:11:43):
But you've got it, Keta.
Speaker 18 (01:11:44):
The foot spar is the magnesium. You've got to put
up some salts and it's a great way for your
skin to absorb magnesium which we don't have enough of.
And it's excellent for you. So there's a health tip
for the morning.
Speaker 19 (01:11:52):
You don't need a foot Can I say, never participate
in any of these programs like I volunteered to be
a human guinea Peak four on the medical experiments.
Speaker 13 (01:12:02):
In New York.
Speaker 19 (01:12:03):
Because I was so yeah, I was, I was so
hard up and discovered I had TV had to give
up the grog for nine months. I don't got back
in the longest nine months of my life.
Speaker 2 (01:12:13):
In defense of Tafata Order and my very good friend
Marjorie Appa, I don't think they'd regard the bowl screening
program as a medical experiment in your case or maybe
in your case, Michael.
Speaker 19 (01:12:27):
In your case, I think you'll find it will be
a medical experiment.
Speaker 2 (01:12:31):
Very nice to have you back for another year. To
Kate Hawksby and Tim Wilson, it's a twenty one.
Speaker 1 (01:12:37):
The make Hosking Breakfast with the Range, Rover Villa News
togs Head b.
Speaker 2 (01:12:43):
If you love low prices, are going to tell you
about Chemis Warehouse, which is the place to find the
unbeatable deals of course on everything you need. So you
go and still you do it online. If you like,
you got a massive range. I was over there that
they've opened up a new one north of Wwkan's absolutely
fabulous anyway, massive range of summer bargains. They've got the vitamins, cosmetics, fragrance,
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asking sometimes I think get I'm on the radio medi
(01:13:47):
Sarana for all you people texting gang, what's the brand
of ft spar cat, he's got Medi Sana. Unfortunately, Scratch
listened to the program. I often forget that we're quite
a popular program, and probably a lot of people listen
to stuff that I say. So they sent across another coffee,
which of course is just going to send me wired
through the roof. And so Jack from security brought that
up by Aron Marie. So I'll just do the Oh
(01:14:11):
my god, absolutely superb.
Speaker 9 (01:14:14):
So two wrongs do make it right.
Speaker 2 (01:14:15):
Two wrongs do make it right. So Scratch, I'm sorry
for dissing your cough. Oh though fair review, it's delicious.
What do you reckon? We were wrong the first time
they rushed it. I think Sam Sam claims they rushed
it well.
Speaker 13 (01:14:29):
And also it was only Sam, it wasn't you.
Speaker 2 (01:14:31):
It's true. That's actually, that's true.
Speaker 9 (01:14:34):
I give him the check, not.
Speaker 2 (01:14:36):
Mike Casey. By the way, from Electric Cherries look up
on the newsroom website has article exceedingly comp the fact that,
apart from the fact he quotes, make exceedingly comprehensive review
of EV's battery life prices. If you ever want a
sort of a complete picture, I don't agree with them,
but if you ever want a complete picture of a
(01:14:57):
person who's clearly done some major homework on EV's the
future of et cetera. That's an article well worth reading.
And I'll enjoy his cheries too. News for you next,
and then Murray, the.
Speaker 1 (01:15:11):
Only report you need to start your day the my
casting Breakfast with Bailey's real Estate finding the buyers.
Speaker 3 (01:15:18):
Others can't use togs headbs all your.
Speaker 2 (01:15:20):
People texting is so you seem to have some sort
of impression that we were dissing the National Bell screening program.
We were doing nothing of the sort. I certainly was
doing nothing of the sort.
Speaker 17 (01:15:31):
I don't know why you were just lamiting the fact
that these are the things that you're being seen.
Speaker 9 (01:15:36):
Did you need me to bring in that rag for
your knees?
Speaker 14 (01:15:37):
Now?
Speaker 2 (01:15:38):
No, No, I'll be all right till nine o'clock. It's okay.
They're seizing slightly, but I think I'll be okay. Mike,
do you find in your sixties you're using products to
make you look younger? What an excellent question. The answer
is I used to get when I was on television.
(01:15:58):
There used to be a lot of people who were
fixated with my hair being one false and two overtly dark,
and that I was dying it. And I've never died
my hair in my life. And I use nothing today
that I haven't used previously. The only thing I do
I use a lot of skin product, Use a lot
of moisturizer, use a lot of I cream. Different on
(01:16:21):
your hair, No, not on my hair, not on my hair.
Used different stuff on my hair. I use a different
moisturizer on my neck than I do under my eyes
than I do on my face. That's probably Are you
gotta keep your wattle moist?
Speaker 9 (01:16:31):
That's for sure.
Speaker 2 (01:16:32):
Exactly that's what I think anyway. But apart from that, no,
but thanks for asking. Twenty two minutes away from.
Speaker 10 (01:16:37):
Nine International correspondence with ends and eye insurance, peace of
mind for New Zealand business.
Speaker 2 (01:16:43):
Murray Old, how are you a happy New Year?
Speaker 8 (01:16:46):
Thank you, Michael, I'm saying back to you. Yeah, very
good morning to you.
Speaker 2 (01:16:49):
Do you have any time or do you know of
Peter van on Sulin?
Speaker 8 (01:16:53):
Yeah, Peter van Oncelin. Sure he was for a long
time in the Australian. These days he's hanging out his
shingle independently. I think he's still a fixture on television
and radio.
Speaker 2 (01:17:03):
Well he was right, Okay, Well, good. So we've established
that he is writing in the Daily Mail yesterday and
he's called the election. And he's called the election. Two
Labor for the following reasons. All I wanted to do
was get your view of whether he's right. One. Winning
the seats that matter is tough for the coalition. Two
Elbow is going to sandbag a bunch of key marginals.
(01:17:24):
In other words, he's going to stay away because the
local candidate doesn't want them anywhere near the place. Three
the Liberals have problems in Western Australia, the Western Australian economy.
They should be conservative, but the Western Australian economy is
so strong they haven't got the traction they should have.
Four The fair go principally argues Elbow. They favor Elbow
based on it. Give them another go, Everyone gets another go,
so it's a fair go. Five Dutton is a one
(01:17:47):
man band, and six Labour's going to run a scare
campaign that will be effective. Is he on the money
or not?
Speaker 14 (01:17:54):
Well?
Speaker 8 (01:17:54):
Yeah, I mean it's like a Christmas stocking that's a
little small, little presence in there, but adding up to
the big bicycle onto the Christmas tree and look, oh
it out a seventh and for me, perhaps the most
important single factor that points to at least an Alban
easy hung parliament, hung a government and a hung parliament,
(01:18:14):
and that's the fact that Dutton and his motley crew,
because Dutton is a one man van, the rest of
them wouldn't feed you. I mean that they have to
win back Mike almost twenty seats. Well, that's just unprecedented.
I mean, is it seventeen or eighteen? I forget, but
that's a hell of a big margin, a big mountain
to climb, and I can't see them doing it, notwithstanding
(01:18:36):
the fact, I mean the latest news poll shows, you know,
Alban easy heading south, Dutton heading north as far as
preferred Prime minister goes two party preferred. The labor machine
in trouble, you know. I mean, here's the thing. The
labor apparatus is just creaking and shuddering and people are leaving.
(01:18:57):
You've got you know, you've got buddy Stephen Jones, You've
got Bill short and quitting. And on the other side,
you've got Peter Dutton looking like a real winner. He's
pinched the Trump playbook one oh one, and he's also
gone back to the Tunney Abbott playbook. He's opposing everything.
He's standing up there, just a talking, you know, straight
down every camera that will point his way. He looks
(01:19:18):
like a leader, poor old Albanez. He looks like he's
you know, he's Elmer Fudd. But it's just for me.
Van Nonsulin's on the money. But I would add that
seventh point, the mountain to climb is just too high
first time out.
Speaker 2 (01:19:31):
Okay, very good. You mentioned Stephen Jones. He's the assistant
treasurer and is on his way up. So that's the
fourth departure. Are they leaving legit because he didn't give
any reason yesterday as to why he's quitting. Are they
leaving legitimately as in, I'm going to a university, or
are they going this is a sinking ship, I'm gone.
Speaker 8 (01:19:47):
Well, it could be a bit of both. I mean,
in the case of Bill Shortened, the men he you know,
he he had his backside smacked in twenty nineteen and
he was leader. He's limped along to you know, the
last election, and now he's going to a job that
pays nearly a million dollars a year and the hour
hell of a lot better. Mike, he doesn't have to
get up in Parliament and coup.
Speaker 2 (01:20:06):
All the abuse on the other side as well. He's
running a university.
Speaker 8 (01:20:10):
Stephen Jones was never in a faction, so he was
never going to be a key player, even though the
people in the nose. He's one of the smartest men
in Parliament. So he's on the way out. Yes, is
there you know, a bit of a smell about labor possibly,
But again we go back to our first discussion point
this morning. I mean, I think Labour's going to get returned.
(01:20:31):
It may be with the help of the Greens, but
you know, let's wait and see. There's so many But
here's the other A good thing and to point to
for Albanisi. The odds of an interest rate cut next
month have increased pit time those with those inflation figures
out this week, the.
Speaker 2 (01:20:48):
Nonsolen says of April twelve is a fair Yeah, well
that's what I've heard as well.
Speaker 8 (01:20:53):
Yeah, in the middle of the Easter show here.
Speaker 2 (01:20:55):
Oh okay, cool, And I'm also watching yesterday. Do you
know a guy called morn some moron. He works for
a I think the Daily Telegraph. He's their head crime reporter. Right,
do you know the name Iran Moran could be morn
Miran Moran. Anyway, he was on there. I was watching him.
He had an interesting theory about this caravan and the explosives.
(01:21:15):
He said, there's a because it was so unusual that
somebody just goes, dumpty doo. Hold on, there's a caravan,
I might move. It looks a bit awkward. Oh there's
a whole lot of explosives in there. Who would have thought?
His argument was increasingly and this has been going on
for a long time, but it's ramped up. The crooks
go to the police and they go, hey, I can
lead you to guns, I can lead you to drugs.
I can leave you things that go bang. But if
(01:21:37):
you could see your way clear to maybe just reducing
the sentence or not laying as many charges, is that
a thing?
Speaker 8 (01:21:44):
Well, I dare say it is. I mean, if you're
looking at ten years in the slammer, or maybe four
years and a bit off with good behavior, it looks
pretty attractive. I mean, the fact that the matter is
the guy who owned the caravan, the registered owner, was
already in prison. The guy's got an IQ of about
seventeen I would suggest room temperature. Probably he was already
in prison because he'd been arrested under Strikeforce Pearl that
(01:22:06):
was set up last November after the first anti Semitic
attack in Sydney. And you know, since then we've had
not dozens, but I mean we're talking double figures. Schools
vandalized with graffiti, synagogue and Melbourne completely burnt, destroyed down there.
You've got attacks on a number of synagogues in Sydney,
(01:22:28):
You've got homes attacked as well with fire bombs. It
really is very very ramped up, amped up atmosphere in town.
And Jewish people are very anxious. There's a Jewish school
going back today. The kids are going back in the
gates of Mount Sinai College at Marubra, and these morons
have put swastikas and graffiti along the front fence of
(01:22:50):
a house right next door of the school. I mean,
that's what you're dealing with. Is so that the brightest
the brightest people.
Speaker 2 (01:22:55):
No, of course not. But is it one of those
things that starts with one one, you know, mastermind, and
then the knuckle draggers get involved. Or is there something
more sophisticated about this or you're just all anti semitic.
Speaker 8 (01:23:08):
No, No, no. Here's the thing, and I'm sure you've
read this across your break. I mean authorities here at
Federal Police, the Australian intelligence agencies both domestic and international,
as well as state police forces. They are working on
the theory that this is being orchestrated. These people who
are doing this, allegedly doing this, aren't bright enough to
(01:23:29):
come up with these ideas themselves. They're figuring is they're
being orchestrated either from some shadowy outfit overseas or an
individual or a couple of people who were with a
big grudge, or it's being done. In one case here
in the suggestion is he's a guy who owed a
drug dealer a big sum of money. He said you
have five bomb you know whatever it was, and will
(01:23:51):
let you off your debt. So that's a theory, voucher,
live and active line of inquiry.
Speaker 2 (01:23:56):
Ok mate, helly, listen, great to catch up with you, Gries.
I beg your pardon your health? Okay, you're feeling good? Yes,
thank you?
Speaker 8 (01:24:04):
Yeah, yeah, yeah, you're playing good golf actually for a
bloody change, which is very nice.
Speaker 2 (01:24:07):
And what are you playing off? I was talking to
my head dress yesterday. It was a subhead dress and
my regular head dresses away, so I had the suburn
and he's just taken up golf and so we had
a good conversation about golf. And he's aiming for single
figures and he's been playing for about a year and
he wreckon is on track to single figure. So I
was very encouraged by him. So what are you playing with?
I mean, you've got.
Speaker 8 (01:24:24):
Playing twenty one, but in the last two days I've
played to fourteen, not then, so I'm in the zone, mate, don't.
Speaker 2 (01:24:31):
Worry about that. Have you got a fitted driver?
Speaker 8 (01:24:34):
No, I don't have a fitted driver. I played with
an old standard tailor Mac at five years old.
Speaker 2 (01:24:39):
Get yourself a fitted driver. You won't know you. Yep,
that's what bigs is. Nice to see you. It is
fourteen minutes away from nine.
Speaker 1 (01:24:48):
The Like Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks.
Speaker 2 (01:24:53):
A'd be good morning, Mike. Enjoy your show, but must
correct you're regarding your sixtieth birthday after working at a
cemetery for over thirty years, reaching sixty or something to
be happy about getting old as a privilege, not a guarantee. Gary,
I appreciate your email and all of that, and I
know what you're saying. But these days there's a very
good article in the Herald over the holidays that referenced
the number of people in this country who work past
sixty five past retirement age, and I think from memory
(01:25:16):
it was a third go back because they have to,
but the rest go back because they want to. And
when the and this goes to the superannuation debate, when
the superannuation was set at sixty five, which was the
early part of the nineteen hundreds, the average age to
survive too was fifty. So you can see what's happened
to us in the last century that suddenly, I mean,
it's eighty two eighty three out of four these days
(01:25:38):
on average, and that is changing dramatically. Might I tell
you just very briefly before I leave Australian, before I
forget Dunton has a policy that has, according to a
poll this week, sixty nine percent support. And you think
he's onto it. What's he on to banning foreigners buying houses?
And that he's a conservative? So the Conservative government here
(01:25:59):
is a allegedly, as I referenced earlier on in the week,
Hopefully fingers crossed going to loosen up and convince Winston
Peter's that he's a full and loosen up the ability
for foreigners to come into this country and buy houses,
because we want foreigners to come in and spend money
and grow businesses and start businesses and employee people. So
part of that would need to be them buying a house. Anyway,
in Australia, the Conservative government potentially all the Conservative opposition
(01:26:21):
about to be government potentially see as you can't and
they've limited to existing homes. I think new builds are different,
but people support it. So you've got this practical thought process,
which is you need foreigners to grow your economy versus
the political forces, which we don't like foreigners because I
(01:26:42):
can't afford a house. Therefore, because I can't afford a house,
that must be an American's fault or a Chinese person's fault,
so we'll keep them out. It's interesting.
Speaker 1 (01:26:50):
Nine to nine The Mike Hosking Breakfast with Bailey's Real
Estate News Togs, thev.
Speaker 2 (01:26:56):
The NTSB, the National Transport Safety Bought are just giving
a briefing at the Ronal Reagan Airport. Initially they just
said early days. It'll be a while, et cetera, and
everything you'd expect them to say. By the way, safe
Steel Line in the world Airline ratings dot Com came
out yesterday. Safes Steir line in the world is in
New Zealand. Number one of the world. You can't argue
with that. Quantus Second Cathay, Qatar or Qatar, Third, Virgin
(01:27:19):
ettiad ana Eva, Korean, Alaska, Turkish make up the top ten.
If you want to go to the least safe in
the world, you can Jetstar Australia. Oh sorry, that's sorry,
My apologies before I get sued. The safest, safest low
cost airline, Jetstar, Ryanair, easy Jet unsafe. They're all from
(01:27:41):
Russia and a couple from Nigeria, one from Tanzania, one
from Banglades. To the usual suspects, what.
Speaker 13 (01:27:48):
Do you put the Russian safety issues down.
Speaker 2 (01:27:49):
To five away from nine? What are you doing.
Speaker 3 (01:27:59):
As well?
Speaker 2 (01:28:00):
The real house of Fragrances Tiffany Henyard, Mayor of Dalton.
Not a very big place anyway. She was found by
Lorie Lightfood, who was employed to look into her to
have inbusiled council funds for trips and jewelry, misspent taxpayer money,
been involved in corruption for town contracts. U latest one
is holding up liqual licenses for businesses despite the fact
that court had said they can go ahead. Also found
in contempt at the court for not following the court orders.
(01:28:22):
Now she's been in a fight. So it starts at
the Dalton Town Hall. There's a meeting. Someone gets up
calls her a hooker, a scam artist, and also this
you've been a half asked mayor.
Speaker 20 (01:28:32):
But if you wanted to get up here and earn
some respect, then you should have been able to respond
to Lorie Life for a report about credit cards.
Speaker 16 (01:28:39):
You want to talk about.
Speaker 1 (01:28:40):
Them not coming the world.
Speaker 2 (01:28:41):
But we've been hearing about what you've been doing.
Speaker 1 (01:28:43):
Right, you've been at work.
Speaker 2 (01:28:44):
And I'm gonna give away.
Speaker 20 (01:28:45):
The rest of my time because I think on behalf
of the Black Cookout Association that we would better take
a vote that we don't change. We don't exchange your
black ass to Stephanie to.
Speaker 3 (01:28:55):
Be the newer member of LOBS.
Speaker 10 (01:28:57):
Yeah.
Speaker 13 (01:28:57):
Man.
Speaker 2 (01:28:58):
At this point, Tiffany's boyfriend stand up, yells at the
other person. Then the punches are thrown. Then if you
look at the video, which you must, you see a
streak of orange hair. In the video where Tiffany literally
comes flying in to throw some punches of her own,
Tiffany is a there.
Speaker 5 (01:29:19):
Holy hif.
Speaker 13 (01:29:31):
See day you wish that are Wayne Brown press conference.
Speaker 2 (01:29:33):
And of only the Auckland Council, the Wellington Council and
the christ Church Council could just spice it up a
little bit like that, you would have a far greater
engagement in local mayor. Like you mean it man, Look
it's election year this year. Let's set the standard early.
You have a fabulous weekend and we will look forward
to your company. Mondays always Happy days.
Speaker 1 (01:30:00):
For more from the Mic Asking Breakfast, listen live to
News Talk Set B from six a m.
Speaker 3 (01:30:05):
Weekdays, or follow the podcast on iHeartRadio