Full Show Podcast: 31 October 2025

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
You're trusted home for news, sports, entertainment, opinion and Mike
the mic Hasking Breakfast with Bailey's real Estate finding the
buyers others can't use.

Speaker 2 (00:11):
Togs headb Boddy, You're welcome. Buckle up, it's good news. Friday.
We've got farm sale news, Kiwi fruits wrapping a booming season.
Obviously we talked upon Terra about the sale. Ethan the
grout is back. He's got an Irish planned Tomcati good
a week, Richard Arnold Murray Old's ponyapp as Will Pasky, Friday,
seven past six. Welcome to it.

Speaker 3 (00:27):
Now.

Speaker 2 (00:28):
For a group that normally seems to nail ideas and
present them well, the New Zealand Initiative this week went
off peace with their thirtieth anniversary of MMP reports smaller cabinet.
They say, good idea, get rid of the overhang, good idea,
But then they go and say more MPs. What on
earth are they thinking of the main point they make
And I think even for those of us that didn't
vote for MMP, we pretty much need to concede that

(00:49):
it has provided a fairer, more representative parliament. Now, the
question I would have is that actually what we want it.
The base level argument over representation is do some of
the lesser lights represent a sector of lesser lights in
the wider community. If the community has got its collection
of half wets and buffoons, do we want a slice
of that in the nation's parliament? Because that is a

(01:10):
version of course of representation. Now I would argue no,
I would argue I'd far rather have a selection of
highly qualified, dedicated, hard working professionals. But if a cross
section is what we voted for, then across section is
what we've received. The great fraud of MMP has been
the off use line by people like the Greens Rod Donal,
if you remember him that the tail would not wag
the dog, The tale has most certainly wagged the dog

(01:32):
many times over. If the circumstances are right, and they
have been more than once, a very small percentage of
the vote can wield an astonishing and destructive amount of power. Then,
of course, if we're marking thirty years, we can also
re litigate caun't we the issue of knowledge? At the time,
MMP one not because it was better or the best,
but because MMP had the best run anti FPP campaign

(01:54):
and too many new Zealanders couldn't be bothered educating themselves
about the alternatives, So MMP had the biggest headlines and
enough peace. Were fed up with muldoon and longing and
scraps and bulldozing governments that they threw out the current
in the hope that you was better. We will not
change the system again. Those days are gone and a
doubt we'll ever, in fact even tinker with it. But
if we do more, MPs will not be top of

(02:16):
our wish list.

Speaker 1 (02:17):
Who news of the world in ninety seconds.

Speaker 2 (02:21):
China and the US. How did that go?

Speaker 4 (02:23):
Well?

Speaker 2 (02:23):
Pretty good details and am I but Trump gave it
a twelve out of ten. She seemed upby.

Speaker 5 (02:27):
I always believe that China's development goes hand in hand
with your vision to make America great again.

Speaker 2 (02:34):
Of course the twist was Trump pre meeting wound up
the nuclear rhetoric.

Speaker 6 (02:37):
But I had to do with others they seem more
be nuclear testing. We have more nuclear weapons than anybody.
We don't do testing, and we've halted it years many
years ago. But when others doing testing, I think it's
appropriate that we do.

Speaker 2 (02:52):
Are they still dealing with Melissa in Jamaica.

Speaker 7 (02:54):
Between eight and percent our rules have been destroyed. A
significant number of buildings were damaged. On the ground, the
impact is even more palpable.

Speaker 2 (03:09):
Damian has quite the job in front of them.

Speaker 1 (03:12):
Watch it play away, Yeah and one's scared.

Speaker 4 (03:14):
Yeah, don't make it a disaster right now.

Speaker 8 (03:16):
So we're just tu the prey of for the best
and the good.

Speaker 4 (03:20):
Help each and who can help, And that's it.

Speaker 2 (03:23):
I'm not sure the prying fixes your roupe, but there, Ego,
we've got some more crooks rounded up in Paris.

Speaker 9 (03:28):
A third person who is part of that Formine team
that Sunday morning now also under arrest. Four other people
have now been taken into custody.

Speaker 3 (03:36):
Two.

Speaker 9 (03:36):
The question remains where these precious, historically invaluable pieces of
jewelry actually are.

Speaker 2 (03:44):
Then, in the UK, the incompetence train that a is
the Libor government pulls into another station this morning. As
Rachel Reeves turns out to be yet another hypocrite when
it comes to renting out their property.

Speaker 10 (03:52):
She has committed a criminal offense. Then there are very
serious questions to answer, So we should have an investigation.
Kissed on the said lawmakers shouldn't be law breakers. He
needs to apply his own rules to his front bench.

Speaker 2 (04:05):
He's not, of course, he's hoping it will go away. Finally,
Dictionary dot com Word of the Year I used the
word word loosely. Sixty seven pronounced sixty seven, not sixty seven.
Don't say sixty seven because you're a loser. Started as
a song Bootboot that went viral on Twitter because stuff
like doot boot does go viral on things like for her,
loosely means so so or maybe this may be that
six seven beat out the other finalists. What do we

(04:25):
have in Jennic brawligarchy, clanker his cam over to his
and Tara feed them all that anyway, that's news the
world in nine oh clear, go on, hit a sting,
give me a sting, me I give me something, Glenn,
for God's sake, don't just sit there standing there nodding
your head. For God's sake, what do it properly? China

(04:49):
White Husky well done. What happened in the meeting was
they agreed to pause the rare earths for one year.
So that's a win for the US, and in return,
the US cut the tariffs on China related DEFENDANTYL from
twenty to ten, which reduces the overall rate on Chinese
goods round to forty seven, So de escalation was the
word of the day. Twelve Pass six.

Speaker 1 (05:11):
The Mike Asking Breakfast Full Show podcast on iHeartRadio, call
it by News Talk.

Speaker 2 (05:17):
ZEPPI Quick Central Bank news Japan seven two split. That's
always interesting. I love those committee split seven two, but
they held in Japan and the European Central Bank overnight
held as well. Fourteen past the best things in life
were free, sure and partners. Andrew Keller had good morning,

(05:37):
very good morning, Mike, Come on fifty eight point one.

Speaker 11 (05:43):
This is the AIMS business outlook, So yeah, let's keep
it local this morning.

Speaker 12 (05:46):
There's lots of global.

Speaker 11 (05:48):
News out there, so yes, state of play of the
local business community. It's high frequency one so monthly data series. Yes,
Headline business confidence rose sharply to fifty eight point one
from It's the highest it's been since February. Expected own
activity though only lifted.

Speaker 12 (06:05):
Two points less.

Speaker 11 (06:06):
Frothy plus forty five. That is the strongest since APLE
as well. And the indicator I like to look at
this is the one that has the most correspondence with
GDPs called past own activity. How's your business going now
versus a year earlier, so this is very much the
here and now. Little changed at plus five so in
that past activity, though, there's a good sign in that
retail jumped plus eleven to fifty four. That's the strongest

(06:30):
it's been in months. Construction is still the laggard though unsurprisingly,
although I am a little bit surprised at the quantum
regional disparity in this business confidence Mike Wellington, for instance
at plus forty three Auckland at plus sixty four Auckland,
I think, just forget this survey, think of everything else.

Speaker 12 (06:50):
We talk about.

Speaker 11 (06:51):
Auckland's continuing to show little signs of life, which is important.

Speaker 12 (06:55):
It's a big place.

Speaker 11 (06:56):
Also noted a little bit of a drop in agri
set to numbers this time.

Speaker 12 (07:01):
Mike was as interesting, I.

Speaker 11 (07:02):
Just wonder, I do wonder whether there's any concern over
recent global dairy trade outcomes. Now, the reason I suppose
this survey is a little bit more more of interest
than normally is that you had that big OCR drop
on the eighth of October. So not unreasonable to expect
you would have seen the lift in condidents. It's evident
in that headline number, but not really evident across the

(07:23):
rest of the survey, and I do think it's because
we've seen this trend of expected activity. Expected confidence was
actually already well ahead of.

Speaker 12 (07:33):
Actual activity for a long time. Now.

Speaker 11 (07:35):
AMS believe there are the proverbial green shoots emerging or
flickers as I've been calling them. And if you consider
the lift in the retail numbers there, it is sensitive
to interest rate.

Speaker 12 (07:45):
So that's a positive science.

Speaker 11 (07:46):
So will they catch on and flourish well, Mike, I
still think there's reason to be optimistic about twenty twenty six.
According to the Economic Fraternity, there's still probably about half
of the big drop in interest rates to still feed
through to the average mortgage rate sort across the whole
mortgage sector. That should accelerate into twenty twenty six, and

(08:06):
it should provide a tolbum for spending broader activity. So
we'll get there.

Speaker 2 (08:10):
Yeah, fingers crossed, I hope. So the FED so mirror
wasn't a surprise, speaking of splits on the monetary so
mirror wasn't a surprise, but it was split in the
other so one wanted no change, Mirror wanted fifty. So
it's divergent, isn't it.

Speaker 11 (08:22):
Yes, Unfortunately, you know yes, he's true to form, there is,
he's a trumpet pointe.

Speaker 12 (08:27):
Yeah.

Speaker 11 (08:27):
We spoke yesterday ahead of the FED decision. The markets
had twenty four hours to react. Now at that point
when we spoke yesterday, us Mark's market's having a pretty
good day, you know, the continues, the continuation of the
field good vibes turned around pretty quickly after the announcement,
and in the press conference, which I avidly watched right through,

(08:47):
Powell was reasonably insistent that there's no preset course for
future meetings, and that was the key because the market
was very focused on the December meeting. What Palace said
was there were clearly divergent view about.

Speaker 12 (09:00):
What should happen in December.

Speaker 11 (09:03):
So market's sort of now viewing the twenty five basis
point Cutter is almost like a hawkish cut You got
your twenty five, but it's just not certain what's going
to happen in December. But this is yet to more evidence, Mike,
that the animal spirits are expecting a lot. The only
thing we didn't talk about was this issue about a
quant state of tightening. Quantitative tightening being of course the
opposite to QE that's stopping as at one December, so

(09:26):
I think the market probably quite like that.

Speaker 12 (09:28):
There was descent at the meeting.

Speaker 11 (09:29):
Yes, Powell also said the shutdown ways and growth, but
transitory downside risks to employment.

Speaker 12 (09:36):
We've talked about that as well.

Speaker 11 (09:38):
US interstrates moved higher after the After the announcement, the
ten years rate, which is the important one, back to
four point one.

Speaker 12 (09:45):
Had been under four percent as I look at it now,
overnight Dow Jones slightly up.

Speaker 11 (09:50):
NASDAK though a lot weaker, but that's probably got a
lot more to do with matter losing a lot of
ground overnight than it has.

Speaker 12 (09:57):
With the power announcement.

Speaker 2 (09:58):
Exactly give me the numbus.

Speaker 11 (10:00):
The Dow Jones is up one hundred and thirty one points,
so positive reaction there. Point to eight forty seven thy
seven hundred and sixty three.

Speaker 12 (10:08):
The S and P five hundred.

Speaker 11 (10:09):
Though down just under half a percent six eight six,
and the NaSTA getting is down over one percent two
hundred and forty four points.

Speaker 12 (10:16):
Twenty three thousand, seven hundred and fourteen.

Speaker 11 (10:19):
The forty one hundred gain four overnight nine seven six
oh small move higher, and then Nikale has been very
strong recently. Fifty one thousand, three hundred and twenty five
three quarters percent fall on the Shanghai composite three nine
eighty six. The ossis yesterday lost point four six percent.
That's forty one points eight eight eight five and then
the next fifty up fifty yesterday thirty seven point three

(10:43):
seven percent thirteen thousand, four hundred and fifty nine Kiwi
dollar ust doll a bit stronger, q we doll a
little bit weaker point five seven four six point eight
seven sixty six against the OSSI point four nine sixty
six Euro point four three sixty seven against the pound
Japanese n eighty eight point five to four Gold three thousand,
nine hundred and nineteen nine dollars and Brent Blue crewed

(11:07):
sixty five dollars and three cents.

Speaker 2 (11:09):
Yeah, have a good weekend, mate, Andrew Keller, Sure and Partners,
Sam Sam Cheez Glenn Go Home, Sam Sam Sung. Memory
chip sales all time high, so forget the phones. Their
chip business operating profit increased one hundred and sixty percent,
revenue increase fifteen and a half percent. The Indians, by
the way, he's a fun fact. First two days of Dwali,

(11:29):
Indians bought gold like Lair's no tomorrow forty tons of
gold in two days. The amount of gold held by
Indian households is valued at three point eight trillion dollars
worth of gold. Six twenty one, a news Talk said.

Speaker 1 (11:45):
Bok the Mike Hosking Breakfast Full Show podcast on iHeartRadio
powered by News Talk set me.

Speaker 2 (11:57):
Tell you what Dutch election absolutely gripping. I'll tell you
about that in just a couple of moments if you've
missed it. The great fraud, Mike with MMP is the
number of MP's in Parliament who are not voted in
by the public. It's not the I take your point,
it's not a fraud because of fraud is something you
didn't realize. You realize that when you voted for MMP,
and I guess we all voted for REMMP six twenty.

Speaker 1 (12:16):
Five trending now with Chemist Wells keeping Kiwi's healthy.

Speaker 2 (12:20):
All year und Doddish election. Speaking of votes, I'll come
back to the Dutch, but the Scottish they're already making news.
They're voting next year. Of course, Sky News invited to
a secret meeting right c because it was organized on
in crypto chats. We're talking about the Reform Party here issues,
homelessness and migrants taking beds.

Speaker 13 (12:36):
So Scott's I'm getting a bed and I've almost a
commedition because dish it's the major its.

Speaker 2 (12:42):
No first problem. An interview with the Reform UK Glasgow
councilor Audrey, who switched to Reform after being suspended by
Labor for fake claims gangs of African kids were beating
up the white kids.

Speaker 3 (12:54):
Shitty law for instance, the train bring that here.

Speaker 14 (12:57):
That's not something you fail about.

Speaker 12 (12:59):
Who's bringing that?

Speaker 5 (13:00):
The asylum seekers, some more of the asylums seekers, the
legal magans.

Speaker 14 (13:04):
They're trying to bring shreal off.

Speaker 8 (13:05):
Yes, well do you not have conversations in the street,
You just have to take a walk through as the
city center.

Speaker 14 (13:13):
If councilors and elected officials are going to make those statements,
surely it needs to be corroborated and substantiated. There is
stacks of evidence.

Speaker 2 (13:22):
Online well officially the police in the Scottish Place minutes
of this morning state it's all bollocks. Of course, then
we have reforms. Fat and Hammid Now if it was
a live of candidate, he lost, then he was a
Tory candidate and he lost again. Now he's with Reform put.

Speaker 3 (13:35):
Them in camps and deport them.

Speaker 14 (13:37):
You want to set up deportation camps in the UK,
well why not?

Speaker 3 (13:41):
Other countries has done it.

Speaker 14 (13:43):
Where would you set them up? Well, that is just
really for the government to decide. Well, you suggested it,
So where would you set them up?

Speaker 4 (13:51):
If it's coming from via France and whatever.

Speaker 3 (13:55):
Albeit on that side of the.

Speaker 14 (13:57):
Country, the deportation camps wouldn't be here in the UK.

Speaker 15 (14:01):
It will be in the UK because the boards are
coming to us.

Speaker 14 (14:06):
Are you making this up as you go along? Making
what policies on the hoof?

Speaker 2 (14:13):
Not really, it's not a bad question. Are you making
this up as you go along? Reform have since come
out and said yes, yes, yes, candidates going off script
was a bit of a problem they're working with, but
they are vetting procedures apparently allegedly have been strengthened. They
currently run second in polling in Scotland. Speaking of Poles,
got the latest Trump went out this morning. Not that
it matters. I mean it'll matter in the midterms because

(14:35):
an unpopular president leads to an unpopular vote in the midterms,
and that's where it's going to get really interesting next year.
But he's nineteen points under This is yu gab this morning.
He's nineteen points underwater. Thirty nine percent approve of what
he's doing, fifty eight percent disapprove. Lowest of his second term,
although it has been worse than this first term. He
was thirty nine percent underwater. The rural news is just

(14:58):
so good it's embarrassing. We begin just after the news.

Speaker 1 (15:03):
The newsmakers and the personalities, the big names talk to
Mike the Mic asking breakfast with Vida, retirement, communities, life
your Way news, togs hed b.

Speaker 2 (15:14):
G and Trump put Richard Arnold shortly for you back
home at twenty three to seven. No shortage of green
shoots on the farm this week. We'll have Fonterira after seven.
Will do the key we free as they wrapped this
season after seven as well. Meantime you dart on farm sales.
So the Real Estate Institute's telling us Wyke out her
top dairy sales for the year in the September. That's
up eighteen percent South and up one hundred and ten percent,
if you can believe at Manamatu wang and Nui, medium

(15:34):
price per hector is up almost fifty eight percent. So
Shane O'Brien Real Estate Institute Director Rual spokesman is with
a Shane.

Speaker 8 (15:41):
Morning, Good morning mine.

Speaker 2 (15:42):
So broadly, can we say sales are up end prices
are up.

Speaker 8 (15:46):
Yes, you can say that, Mike, that's pretty evident. Right
across the market things are improving nicely.

Speaker 2 (15:51):
And is demand outstripping supply broadly?

Speaker 8 (15:55):
Broadly it is, Yes, it is, Mike. So far in
the season we've seeing strong demand, a lot of the
dairy farms coming to the market and the areas particularly
as you've mentioned like Cato, Southland and Canterbury where we're
getting multiple offers coming in. So it's an encouraging sign
for saying some real confidence in the market.

Speaker 2 (16:12):
Is it like at the house market when things get
bullish and frothy, people go, well, it wasn't going to sell,
but I'll tell you what, I'll give it a crack now.
Is there a bit of that or not?

Speaker 8 (16:20):
Oh, definitely, And I think there's been some people sitting
out waiting for the market to perhaps head its straps
and we're just seeing that now where we've probably got
more sellers coming to the market this year than we
have traditionally, but they've been waiting.

Speaker 3 (16:34):
For the store curve.

Speaker 2 (16:35):
All dairy, not just dairy.

Speaker 8 (16:39):
I think it's very much front and center of the
market and is definitely driving it. But we're seeing some
good activity and rebound in the market and the horticultural
sector a bit of cultures, sillabit sluggers. They've got some
headwinds with what's happening internationally. But no, it's not just
the dairy market.

Speaker 2 (16:58):
Does deiry differentiate And the reason I asked this question
is I'm following with interest Sam Whitelocks selling his farm
and that's beef and it's in Hawk's Bay and there's
that usual kind of god to the inner plant pine trees,
and is it local, is it foreigners? Is dairy like that?
Does deiry ever get converted or is dairy dairy?

Speaker 4 (17:15):
No?

Speaker 8 (17:16):
No, that we are seeing more farms being opened up
for a dairy conversion. It's been quite a topical matter
areas such as Southland and Canterbury, but we're certainly seeing
more conversion occurring. We had quite a lot a few
years ago. It's pretty much been tempered at the last
three to five years, but it's a part of the market,

(17:36):
but it has been controlled right.

Speaker 2 (17:38):
But you wouldn't go dairy to forestry for example.

Speaker 8 (17:41):
Unlikely your lean class is too good, okay.

Speaker 2 (17:43):
And what about the business of local money v. International money.

Speaker 8 (17:48):
The market's very much a New Zealand domestic market at
the moment and perhaps even regionalized. We're not seeing the
great flower capital moving around the country, although it's just
starting that. We are starting to see some North end
and buyers coming to the South Island, which is always
healthy for the market. But overseas bars with the OIO
regulations pretty.

Speaker 4 (18:06):
Much out of the market.

Speaker 2 (18:07):
And the bank are the banks playing ball? Are they
into it?

Speaker 8 (18:10):
Very much? A great time to be borrowing money, Mike,
They tell us the banks a lot of farmers have
paid back there so you know, alas their strong cash flows,
so the banks are very keen to get that out
the door again. And yeah, I think they're the farmer's friend.
At the morning.

Speaker 2 (18:25):
I love a good on your show, nice and so
I appreciate it very much. Shane O. Brian, who's the
Real Estate Institute director in Riddle, spokes fast it makes
you feel good on a Friday, that sort of stuff. Anyways,
I say, key, you fruit the numbers of fantastic miles
on the business of the sale Yesterday twenty two.

Speaker 1 (18:38):
The Mike Hosking Breakfast Full Show podcast on iHeartRadio powered
by News Talks.

Speaker 12 (18:43):
A b.

Speaker 2 (18:45):
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(19:27):
So Wilda's supposed to win, it didn't where here. Why
because Wilda's won it last time. No, and worked with him.
He spent seven months trying to get a government together.
He got it together, it fell apart, he blew it
up and they went back to the polt Jetton who
runs the D sixty six party. He was supposed to
be nowhere. He's gone and won it. And when I
say one and it's close, so you've got the Freedom

(19:48):
Party up there. So Vilda's has done okay, but he's
not won it, he conceded yesterday, although it's still, as
far as I can work out this morning, too tight
to call. So sixty six are going to get together
with another couple of part He's the Christian Democrat Christian
Democrats and the left wing green left Labor Party. Now
the point about that is a fairly broad based coalition
if they can make that work. But Builders is out

(20:10):
of rich. So this guy Jetten literally came from nowhere,
stole the election and is about to be the next
Dutch Prime minister.

Speaker 1 (20:18):
Sixteen to two International correspondence with Ends and eye Insurance,
Peace of Mind for New Zealand, business side.

Speaker 2 (20:24):
With genialand morning So nuclear testing all of a sudden
were taken this Seriously.

Speaker 16 (20:31):
You're asking me what Trump really means by all of this. Well,
I'm not sure anyone but Trump really knows. It has
been thirty three years since the United States was engaged
in nuclear weapons test sing Now. Trump is back in Washington,
d C. After telling the Pentagon to resume that process.
He announced the decision on social media justice. He was
meeting with China's president Sheep and he's went home. He
said that actions by China and Russia have brought this on.

Speaker 4 (20:54):
I guess we have to test.

Speaker 15 (20:55):
I'd like to see a de nuclearization.

Speaker 16 (20:58):
However, it is not yet just what the testing would involve.
Arms experts say it would take the US at least
thirty six months to get back to underground nuclear tests
that say, the former site in Nevada, if that is
what is being planned. A short time ago, Trump's nominee
to oversee the US Nuclear arsenal Vice Admiral Richard Carrell,
was testifying on Capitol Hill. He was pressed by what

(21:20):
Trump means by this.

Speaker 17 (21:22):
I wouldn't presume that the President's words meant nuclear testing.

Speaker 16 (21:29):
Well that's what he said.

Speaker 17 (21:34):
I believe the quote was start testing our nuclear weapons
on an equal basis, neither China or Russia has conducted
a nuclear explosive test, so I'm not reading anything into
it or reading anything out.

Speaker 16 (21:49):
Well, there were lots of quotes. The last explosive nuclear
tests was carried out by North Korea in twenty seventeen,
while others stopped these in seventies.

Speaker 2 (22:01):
In the nineties.

Speaker 16 (22:02):
China's last test was in nineteen ninety six and Russia's
last confirmed test was in nineteen ninety but there have
been other developments. In the past five years. China has
more than double the size of its nuclear arsenal, from
three hundred weapons to around six hundred. Trump says they
could rapidly increase this, perhaps footing even over the next
five years is his guestimate. In terms of numbers, the
US has a stockpile of two hundred and twenty five

(22:24):
nuclear warheads, Russia has five hundred and eighty. Of course,
Putin's engaged in war in Ukraine, and he has made
threats along the way he should Kiev expand their military
targets inside Russia, while just this week Moscow said they've
successfully tested a Poseidon nuclear powered super torpedo, which they
say is capable of devastating coastal areas by triggering huge

(22:45):
radioactive ocean swells. Well, what a gruesome development. While Russia
has been testing new ways of using nuclear weapons, they
have not been testing the weapons themselves, and Russia's has
said they will test weapons explosively if the United States
does so. It is adding to the uncertainty and to
the overturning of the Nuclear non Proliferation Treaty, which took
effect in the nineteen seventies. Meantime, on trade, Trump is

(23:08):
raiding his summit with she as a twelve out of ten,
while others are a bit less encouraged. It's basically a
truce fan in the US China trade war for next year,
with Washington claiming a victory on the restoration of the
sale of soybeans and a respit on limits to China's
export of minerals needed for high tech. Some see this
basically as a return to the status.

Speaker 2 (23:28):
Quote, yeah, exactly. Jamaica looks like a mess.

Speaker 16 (23:31):
Yeah, damage catastrophic, that's the headline after the passing of
Hurricane Melissa over western Jamaica, the US military saying it
will assist in relief efforts. This will include airlifts, of food, water,
and other immediate supplies to remote areas of the close
areas that have been cut off by the storm. Those
hurricane winds, as we've been saying, topped out at around

(23:52):
three hundred kilometers an hour. Just astonishing. There's not much
they can we stand that one tour saying she was
fearful all through it, that she's I would not survive.

Speaker 4 (24:01):
That's sounded like the roof was going to get ripped off,
like it was terrifying.

Speaker 16 (24:05):
Yeah, in many places roofs were ripped away. In the
poor town of Black River, it's been devastating, they say.
The only places, only those with four concrete walls are
left standing. The coastline is strewn with massive boulders brought
down by the flash floods, and a mobile phone tower
in one instance was twisted into a semicircle. Recovery is obviously,
and it's a years. This was one of the strongest

(24:25):
Atlantic curricans ever seen due to the warming of the
ocean waters fueling these storm systems, so climate change meantime,
with the dismantling of the US AID network by Elon
Musk and his Doge costcutters, along with deep cuts to
foreign aid. This will be a big test for US
disaster aid relief systems that.

Speaker 2 (24:43):
Have a good week. In mate, Richard Arnold stateside the reporter,
I get to it later on, but the headline was
that they did a study. I think it was Yale,
could have been hard but anyway, they did a study
how many car sales did Musk's involvement with Trump cost
the company in The answer was a million, a million
car sales that didn't happen as people basically free look
something else because they didn't like Musk anymore. By the way,
federal judges extended the order blocking Trump from firing thousands

(25:07):
of federal workers, so that continues through court. Half the
US states are suing Trump over the food stamps, what
they call snap, which is due to expire. So half
the age's in America fighting over that. And as regards
the NBA thing, which I found fascinating, will continue to
find fascinating. This guy Billups, Chauncey Billups the coach Portland Trailblazers.

(25:28):
They're holding his salary. I'm not sure that's a thing.
I mean, I would have thought the least of anyway.
And Terry Rosier, he's had a salary withheld in ROSI
runs twenty six million. Billups only UNS four or five
million as a coach, but that investigation continues, as the
allegations rock professional sport in America. Ten to seven.

Speaker 1 (25:48):
The Mike Hosking Breakfast with a Vida Retirement Communities News
togs had been.

Speaker 2 (25:53):
By the way, while we're just on the rural theme.
If you missed it yesterday, the Herald's got a very
good piece by Jacqueline Roe with doctor. She appears on
this pro again periodically. She was talking about the United
Nations Food and Agriculture Organization Conference, which ended up prioritizing
a growing population over reducing greenhouse and gases. The Greenpeace
people were outside, of course, thus indicating that even the

(26:14):
United Nations, in a week where Bill Gates said what
he said, even the United Nations understands that actually feeding
people is kind of important and probably more important than
you know, this climate change obsession. Mike message to Fonterra,
I hope the board and Miles don't fall into the
trap of their predecessors and blow the billion they pertained
on ego chasing purchases. I'm sure they're not. I mean

(26:35):
the way hurls running the place is a world away
from the way it used to run. Of course, the
billions reference to some of the four point two goes
to Fontira itself. It's about a billion dollars. The three
goes to the farmer. Speaking of which, when does Mike
the Fonterra money go through to the shareholds? Well, I
think the answers next year because the sales got some
regulatory hurdles to go through and should be finalized. I

(26:56):
think they're saying in the middle of next year at
Myles Hurrell with as shortly six away from.

Speaker 1 (26:59):
Seven for the ins and the ouse. It's the bizz
with business fiber take your business productivity to the next level.

Speaker 2 (27:08):
Or a warning from the Motor Vehicle Industry Association this
morning that our clean car standard is going to mean
the old used cars are getting more and more expensive.
So under the standard, importers what happens is you generate
credits and the idea was to manage the CO two emissions.
Vehicles you bring into the country designed to be used
for new vehicle imports, but it's the use vehicle importers
that are getting hit the hardest. Now total inputs are

(27:29):
up twelve percent on last year. That's off in the
stoic load though, and the numbers of new vehicle registrations
are leaving the rebound. This is more of the green
shoot stuff, so businesses are back buying cars, leasing cars,
et cetera. Under the Clean car standard, the penalties are
soaking up the last few credits that the used importers have.
They can't switch to bringing in lower mission vehicles because

(27:49):
you can only work with what's already out there. So
the association says that around half their stock has penalties
on them over one thousand dollars. So when you're buying
a ten or twelve thousand dollars car, an extra one
thousand dollars is suddenly hang on. I can't afford it anymore.
So the average price for a used car in this
country that's about nine or ten years old is fifteen
thousand dollars. Retail sales data shows that price is disappearing

(28:13):
because of the levees from the CCS. They say that
by twenty eight twenty twenty eight, up to seventy five
percent of models will be more expensive than that because
of the overlapping age and the emissions targets. You see
what happens the moment you try and lose something in
jerrymandera market, it becomes problematic. So they're calling for our
environmental goals to be tailored to suit the market we
have now, not the one we hope for in ten

(28:34):
years time. And that's before you get to all the
other announcements we've had over the last couple of months.
Europe in particular is on its knees at the moment
in terms of the car industry, the jobs they're losing.
We had GM this week and they're laying off thousands
of people and they're losing billions, literally billions of dollars
just GM, one company, one point six billion dollars because
they're not making EV's and they're not selling EV's, and

(28:55):
they're not selling ev so they don't make the EV's,
and the people who make the evs suddenly they don't
have any GM on something much lighter. By the way,
if you're into cars, By the way, if you're into cars,
Tony Quinn's with us after seven thirty, the motor racing
returns for the sum of the season. A couple of
interesting announcements around that. To work you went with but
if you want to see a car, Chris Harris his
latest video. He's in a Valkyrie and Aston Martin Valkyrie

(29:18):
and if you've never seen a Valkyrie, Alonzo's behind the Belkyrie.
It's a road car. But look at the video and
ask yourself, how's it possible that's a road car given
the noise apart from anything else. You basically have to
wear headphones inside the car. But if you've never seen
a Valkyrie, and you've never seen a Valkyrie, go then
Chris Harris is your man, and that's available on YouTube.

(29:40):
Might be leavings available on YouTube these days, So Myles
hurrele on Fonterra. The Ki refruit season's wrapping up and
we're selling ky refruit to the world like we've never
sold key refruit to the world. The Old Blacks will
touch on that. Tim Katie do the week out for
the eight as well. It's all still to come this
Friday morning on the Matoskin Boats.

Speaker 1 (30:01):
Incredible, compelling, the breakfast show you can't best. It's the
mic asking Breakfast with the Defender Embraced the impossible News
Tom s B.

Speaker 2 (30:10):
Seven past seven So wasn't even close. Eighty eight percent
off on Terra shareholders, as you'll be well aware by
now cides please to the four point two billion dollar sale.
Miles Hurrale is the CEO, of course, and is with
us morning.

Speaker 5 (30:20):
Good morning, Mike.

Speaker 2 (30:21):
Sense of satisfaction, Oh very much.

Speaker 12 (30:23):
So.

Speaker 13 (30:24):
You know, as you say, eighty eight percent, eighty eight
and a half percent is a pretty good turnout from
from a Shielders that gave us the thumbs up and
endorsement that we had in the right direction.

Speaker 2 (30:32):
The road shows that you did. Was it always eighty
eight percent or did you have to work hard?

Speaker 17 (30:38):
Oh?

Speaker 3 (30:38):
No, we had to work hard.

Speaker 13 (30:39):
I mean, if I go back to when the announcement
was first made, you know, there's a few questions out
there you'd expect from from a Farmer's Shielders. They have
a lot invested in this company, and so you know
we needed fifty percent. But we came out really clearly
and said, you know, fifty per cent it's not good
enough for us. We are a decent mandate, which we got.

Speaker 2 (30:54):
Where does this sit as part of the overall turnaround story?

Speaker 18 (30:59):
Oh?

Speaker 13 (31:00):
Look, I mean this was part of our early thinking.
But I think I've seen year before. I mean, the
conversation around whether we should be in consumer's been on
our agenda for call it twenty years, if I'm honest,
and so it wasn't part of our turnaround story.

Speaker 3 (31:12):
We were well in.

Speaker 13 (31:12):
The truly through that you know in heer it to
this business in twenty eighteen and we needed a bit
of work and I think we've got ourselves in a
pretty good space. But what we're into now is actually
having choice and I think that's the most important point
that we're seeing right now.

Speaker 2 (31:24):
A couple of questions that people have come through this morning,
when does when's the money hit the bank account?

Speaker 6 (31:30):
Yeah?

Speaker 13 (31:31):
So this was an important males stone use today, but
we've still got some gritory hurdles and only used so
we've got another Middle Eastern country gave us the thumbs up.
So those will drop through of the next sort of
two or three months, I think, so hoping sort of
early part to halfway through next year.

Speaker 2 (31:45):
Okay, and what do you do with your bit of
the money.

Speaker 13 (31:48):
Yeah, so we've talked about between four point two sale,
three point two back to back to our shell. Is
that called it a billion? There's obviously he could a
lot of costs it will go and as well through
this process the bank because will put their hand out
these to expect so called that seven hundred old million.
We've already announced the sort of a number of new
initiatives around it, new butter capacity last week. We've got
a high protein factory in South Canterbury that we're investing in.

(32:11):
So you'll see a lot more of those sort of
investments come through. But very much sent it around and
use it a milk your advanced ingredients and a food
service business.

Speaker 2 (32:18):
Good right, bigger picture options. They worry at the moment.

Speaker 13 (32:23):
I wouldn't say I worry, but you know, you've seen
a bit of sentiment change in the international market, and
you know what we've we've been quite lucky. I'd go
as far as to say that the tariffs out of
the US haven't really hit us, and haven't hit us
directly despite it being fifteen percent, as we all know.
But what you see now is, you know, a whole
lot of you know, soy that that currently would may
go into China not really happening. Therefore, we've seen a

(32:46):
bit of you know, the supply demand balance between sort
of some of those northern hemispheres sort of be interrupted,
and so you've seen the sentiment player where buyers are
sitting on their hands a little bit, so that that's
played out, but it was still comfortable ten dollars helped
somewhat by it, by loanison dollar. I'd say, somebody to
watch that, of course.

Speaker 2 (33:03):
All right, nice, all right, nice to talk to you.

Speaker 12 (33:05):
Appreciate it.

Speaker 2 (33:05):
You have a good week in Miles Hurell, who's the
Fontierra CEO? Ten minutes past seven past, getting as China
meeting seemed to go well. Twist of sorts, though the
US President announced the resumption of nuclear weapons testing minutes
before that meeting. This was in response allegedly to Russia
touting the nuclear powered underwater drone. Edward Lucas, senior fellow
and security analyst at the seat of a European policy analysis,
is back with us. Morning to you, Edward, Good morning

(33:28):
hot here or real hot air. Then we can all relax,
I suppose can't.

Speaker 15 (33:34):
We may bit seriously. I mean, what is true is
that Russia has tested two weapons which are really quite alarming.
One is a nuclear power missile and the other is
a drone which could carry a nuclear warhead close to
the shoreline of an adversary country and detonate it setting

(33:56):
office tunami, and those are real weapons and they are alarming,
and I think Trump is giving a sort of rhetorical
accounted to that actually restarting real nuclear testing would be
an enormous and very destabilizing change. The only country that
conducts nuclear tests is North Korea and is an international

(34:19):
pariah as a result. If the United States really started
nuclear testing, you'd certainly see the Chinese and the Russians
doing the same, and the doomsday clot would be moving
another couple of minutes close to midnight.

Speaker 2 (34:32):
It was funny my last question for this interview, and
I was the doomsday clock moving. But I take it.
Let's go back at our America going to start, I
mean physically tangibly. Are they going to wind up test?
And can they do it or will There's just sort
of be another news headline.

Speaker 15 (34:47):
I mean they could, but it would be a mammoth
technical operation to start, presumably underground nuclear testing. I don't
think we're going to go back to the days of
the Bikini Atoll, those atmospheric tests. But I think Trump
is very much the master of the stond bite and

(35:08):
the headline and often the follow through is very different.
So you've seen the way he's talked about dealing with
other countries with tariffs, and it ends up with a
lot of tagly and things sort of more or less
go back to normal. He threatened to pull out of NATO.
He didn't do that, so I would be amazed if
we actually get real nuclear testing. I think what he's

(35:31):
saying to them is, we don't like the fact you've
got these new weapons, and we are urging you to
remember that we have cards to play as well.

Speaker 2 (35:40):
Somewhat encouraging it would appreciate your expertise as always it
with Lucas Sasin, you fellow and security analysts at the
Saint of a European Policy and Nellisi. So I don't
need to ask my doomsday question thirteen minutes past seven past,
because we're into the good newsless Friday, and I've got
some very good news from the AMZ. They've adjusted the
view of where housing's going in this year, so they
think they'd say flat for the year, they're now saying up.

(36:03):
So that's encouraging. So it's all the usual stuff. Rural economies,
those sort of things are going to do better than
some other parts of the country. Home ownership running costs
of East. Our forecasts anticipate home ownership costs and rents
staying in balance over the next couple of years, so
we'll get a little bit of growth this year and
some more housing growth next year. More green shoots.

Speaker 1 (36:22):
Thirteen past the Asking Breakfast Full show podcast on iHeartRadio,
powered by News.

Speaker 2 (36:29):
Talks at B and Tony Quinn. You'll know the name
in motorsport circles. The next gen season, the summer of
motorsport begins this weekend, of course, so we'll work you
through some of that very shortly. Not just dairy by
the way, sixteen past seven, Not just dairy by the way.
That's booming. We're wrapping this ki fruit season with the
final shipment on its way, sixtieth vessel. We're doing fifty
different markets these days. Two hundred and fifteen million tray,

(36:49):
seven hundred and seventy thousand tons. Colin Bond's Chief executive,
New Zealander Kiwi Fruit Growers Colin Morning.

Speaker 3 (36:56):
Good morning.

Speaker 2 (36:57):
Does it feel like the best of times?

Speaker 4 (37:02):
Yes, it does.

Speaker 18 (37:03):
Actually, another key milestone in our season now to see
our last charter leaving and growers having confidence that all
their hard work is final and getting.

Speaker 4 (37:12):
Chipped off shore.

Speaker 3 (37:13):
So not very happy to see this milestone.

Speaker 2 (37:15):
YW where's the supply and demand balance that have you
had more? Could you sell more?

Speaker 18 (37:20):
Certainly that's all the messages we're getting out of Zestbury. Yes,
we continue to put more hectares in the ground and
we have some confidence as Esbury confined markets for that
fruit a good value.

Speaker 2 (37:32):
More markets or the same markets taking more, but are.

Speaker 18 (37:37):
Both certainly same store sales increasing more sales to individual countries,
and we hope Zesbury's thinking ahead and developing new markets
for our product.

Speaker 2 (37:46):
To good break me through. The colors is green? I mean,
yellow is hot, isn't it? That's where we'll gold or
whatever you call it. That's really where the money is,
isn't it.

Speaker 4 (37:54):
That's certainly where the growth is.

Speaker 18 (37:55):
But I think this season, to be honest, is a
story about green because we've got sixty mil in trays
again and those growers are going to receive more valued
pertray than they ever have before, which I think is
an outstanding effort. And alongside that you're still being able
to grow the red and gold category. So the importance
of diversification and value for.

Speaker 2 (38:15):
All is read a thing. I mean, will it be
a thing? Can it be a thing? Or is it
going to always just be read and niche.

Speaker 18 (38:22):
It's going to be niche, but it starts the season,
it introduces new consumers to the category. It's another opportunity
to get our brand out there in front of people.
So niche bit important in the overall product mass.

Speaker 2 (38:34):
Do people understand I know, gold's hot because it's a
bit sweet and all that stuff, But do people understand
the health benefits of green? I mean, the more you
read about green and the more what it does for
you gut biars a. It's like literally a wonder food.

Speaker 18 (38:49):
It is, and it's I think growers understand the value
of it, and now we've had it scientifically proven. So
the challenge is to make sure we get that message
out to consumers so we can capture even more value
for growers.

Speaker 2 (39:01):
And what about the land value and accessibility to land
and all that sort of thing? Is that and check
a people bullish and happy with what's going on in
the industry?

Speaker 18 (39:09):
Yeah, I think so. And the big talent will be
next year when Zespri releases another four hundred hectias of license.
But certainly the sense I guess is that grow as
are confident in the industry, they can find access to land.
So if we can keep these developments growing, we can
keep rural New Zealand thriving.

Speaker 2 (39:24):
Good on you, mate, Always good to have the good news.
Colinar Bond, who's the chief executive New Zealand ki Fruit Growers.
I mean you're sick of the good news yet. This morning, Mike,
I'm currently reading Superages by Eric Toperlho. We had on
the program a couple of months ago following your interview.
It is excellent, compelling reading. I highly recommend it to
all your listeners. Thanks for the interview, Paul, well done
and reminding us has just triggered my memory on the

(39:46):
business of the green ki fruit because I've been reading
about that and what it does for you and it
really is astonishing. My big learnings this week Katie will
know the name. I've forgotten the name already, but one
of the blokes that she follows the developments this week
in coffee and what it does for you is literally extraordinary.
And Kiwi fruit green Kiwi fruit is not far behind.
But Eric Topol, if you're not onto him, get amongst

(40:08):
as they say twenty past seven.

Speaker 1 (40:12):
The Mike Asking Breakfast Full Show podcast on iHeartRadio, how
It by News Talk Sippy.

Speaker 2 (40:20):
So here's the thing, Dyson, just keep uping the game, right.
We've got the brand new V sixteen Piston Animal Submarine.
It's just it is the greatest name for a vacuum
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it washes hard floors as well. You've got your new

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(41:03):
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no bending down die from V sixteen Piston Animal Submarine.
It's available now at Harvey Norman Husky Flado seven twenty three.
Time to mark the week. Little piece of news and
current events that packs a bigger punch than Joe Parker
in the eleventh Bill Gates eight.

Speaker 1 (41:25):
There's an up innovation here to avoid super bowd outcomes.

Speaker 2 (41:30):
When a disciple of the cause hits pause because he's
worked out the hysteria outweighs the reality he's to be congratulated.
Christopher Hepkins too, Sorry, what was that exactly? Sell attacks
if you want, mate, But the attack on the Prime
Minister in his houses is what Labour's really all about.
Their haters, they hate success are the all black seven. Ironically,
the biggest test is the first. I'm saying four from four.

(41:52):
I'm saying four from four and Merry Christmas. Social media seven.
Australia's under sixteen big win this week with big tech capitulating,
and from that he may win as well. In Vidia
fine as a Brilliants just become absurd or what Fonterra eight?
A great week to be a dairy farmer. Great week
to be a country with dairy farmers. General motors too.

(42:15):
Another seventeen hundred jobs lost this week because evis robust
governments are literally ruining an industry in front of our eyes.
Mind you, airo and jobs too. I mean, tens of
thousands of jobs have been laid off this week alone,
fourteen thousand at Amazon, all by itself because a robot
or an algorithm does it better. Green shoot seven? Westpac
calling three percent GDP for twenty twenty six. Let's get

(42:37):
on board with that, shall we?

Speaker 14 (42:38):
No?

Speaker 8 (42:38):
Lean?

Speaker 2 (42:39):
Eight? The right call got made eventually, the Nolean saga one.
We still don't understand what happened, why it's happened, why
it got handled the way it got handled, and why
it did warrant a fitness ruled six? More self responsibility
sounded drunk? Then a more Morris responsibility, less regulation. Yes,

(43:02):
please en zid me.

Speaker 12 (43:04):
Eight.

Speaker 2 (43:05):
Upgrade to the company forecast. We're making more money. Green shirt,
green shirt, green SHIRP. New curriculum roll out six as
a spectacle, I mean, did you see it this week?
What a show? I mean, have you ever seen more moaning?
What is it about? Educators and change? Set against a
backdrop for God's sake of abject failure in the current system.
Ships seven cardival making law from Home Court for the

(43:28):
twenty seven winter season. Good well go you good things,
and that's the week copies on the website, by the way,
and all the Asian leaders were gifted a six pack
of these in their own languages. To break the ice
with Luxan Subianto was heard to say, cool, I listen
every week anyway, asking okay, Mike, So that's two senior
executives in two days singing the virtues of a lower
New Zealand dollar on your show, changing your mind yet?
No fair question, though, very good question, which is why

(43:51):
I like most of the audience. Very fair question. But
you've got to get the balance right. And the balance
at the moment of my humble opinion is not right.
It's the news. I was going to say, the New
Zealand dollar is undervalued, which is simply isn't true. The
New Zealand dollar is an embarrassment. And if you are
an exporter, of course it helps the same way that
if you're Miles and you're selling stuff to the world,

(44:12):
if the dollar was at seventeen p you'd be screaming
with joy. That's not the point. The point is on
the other side of the equation, we do like to
import stuff, and one of the reasons we like to
import stuff is because we don't make a lot of stuff,
and we need stuff that other people make, and for
that you need a half decent dollar. So what you're
looking at is the balance, and the balance is out

(44:34):
of kilter at the moment. So yes, it's fantastic for
the exporters, but equally for everyone bringing something into the country,
it's bad, bad news, bad news. Leroy Brown just quickly.
I alluded to it earlier Elon Musk in a sale,
so it cost him. His deliance with Trump cost that
company at least a million lost sales. Income would have

(44:54):
been sixty seven to eighty three percent higher if only
he hadn't done what he've done. This is from Ayale University.
Democrat leaning by shifted away from Tesler boosted the sales
of competitors by roughly seventeen to twenty two percent. No
one's done this study before. That's that's what makes it interesting.
Alienated environmentally minded democratic buyers who are historically Tearesler's strongest base.

(45:18):
So you took your fans and you shot them in
the foot and they all went to somebody else. Business
one oh one, Tony Quinn and the motor Racing.

Speaker 1 (45:28):
Next, No fluff, just facts and fierce debate, The My
Hosking Breakfast with Bailey's real Estate finding the buyers others
can't use togs Dead b Being.

Speaker 2 (45:41):
A Friday, twenty three minutes away from Arad back into
the summer of motorsports. This weekend, the opening round of
this year's Next Gen Usitting Championship is underway at Hampton Downs.
It's got reorganized last year in an attempt to tidy
the calendar and bring a bit of order to the season.
Tony Quinn is behind it as founder of National Racing
Group Promotions and Tony as with as Tony Morning Morning
must it must give you a real sense of satisfaction,

(46:04):
you know, given what you're doing for the sport and
you're getting the rewards and seeing the fruit of your labor.

Speaker 19 (46:11):
All of those things make and you know, I just
I love New Zealand. I love the place, I love
the people. I even love the toilets. I think it's
a great place. It's definitely God's country and this morning.
I've just arrived at Hunt and Downs and it's looking
a picture.

Speaker 2 (46:28):
I was going to say, it's a clear blue sky.
Certainly my part of the world, I'm assuming down the
road it isn't yours. As you sit there looking at
that facility, and whether it's Tapa or Highlands or that,
I mean, that's got to fill you with some pride,
doesn't it.

Speaker 19 (46:41):
Yes, it does, And I suppose because it's been it's
been part of my life and I've been totally engrossed
in the whole thing, don't I don't get to see
the impact of the change because I see the change
happening week to week. But when you do revisit it
after a period away, it is a special place. You know,

(47:05):
hun't been downs as a proper racetrack. You know it
definitely is fit for purpose.

Speaker 2 (47:11):
Anyway, just take us through this reorganization. What did you
discover what needed to be done last year? Did that work?
And how you sit then for this year or is
there more to do?

Speaker 19 (47:23):
There's always more to do. But the sport was in
a bit of disarray and disorganized and uneconomic, and people
weren't getting paid and they were relying on volunteers too much,
and you know, people didn't want to do it because
it was there was no point in doing it because
they didn't get paid to do it. So we took

(47:45):
it on last year at the last minute and so
through the season and at the end of that we said, right,
this is what needs to happen to fix it, if
you like. And so this year is is really our
first year. We did it last year to sort it out,
but this year is our first year of being a

(48:05):
true promoter of the summer series. And you know, we've
brought people on like Repco and Sky. You know, there's
some good people behind it this year, and you know,
it's looking really good. We've got some really positive news
about some of the superstars that are coming out this summer.

(48:28):
And this is where New Zealand fits into the whole
global motorsports scene. Our season is when everybody else is
having winter holidays, you know, you know in the northern hemisphere,
and we need to re rebirth that whole situation. It's
been forgotten about for the last decade or two, and

(48:48):
we need to rebirth that whole opportunity for people to
come from Europe and America down to New Zealand. In
the summer. We need to get the tourism thing gone,
because that's what New Zealand's good. It's good at lots
of things, but it's really good at tourism, and I
believe that everybody that comes here. Seriously, I still have

(49:09):
people from Australia that come to Highlands and say, how
long has this been here for? I can't believe. And
I'm not just talking about Highlands. I'm talking about the
actual environment. And for some strange reason, all the dollars
that we spend on television and magazines telling everybody how
good it is, when they get there, it's just a

(49:30):
totally different experience for them. So you know, I've always
thought New Zealand. New Zealand's strength is its natural beauty,
and if we can get people here to see it,
I think it's a a job well done.

Speaker 2 (49:45):
Exactly. You mentioned Sky a moment ago, television coverage and motorsport.
What are the numbers around it? Is it successful? And therefore,
you know, not only for the fan watching the cars
go around the track, but the fact that you're putting
New Zealand out to the world.

Speaker 19 (49:58):
Yeah, look all, yeah, yeah it is. And I think
what I would lean on is that there has been
a tendency to be very traditional about it and rely
on the traditional motorsport fan. But I think what we've
seen in the last five ten years is F one
reaching out to far more, a far bigger audience, and

(50:23):
their numbers have just gone berserk and off the back
of F one, we should all be trying to keep
up with them with you know, lifestyle segments as well
as the sport. I believe that there's a lot more
need for lifestyle content in television with the sport, and
again that that can bring in tourism. And you know,

(50:46):
you need to use every second of television to promote
what you've got.

Speaker 4 (50:51):
You know.

Speaker 19 (50:51):
It's yeah, it's all right watching cars going round and round,
but they need to And look just at the weekend
last weekend we were at the Gold Coast. Then we
saw the cars, the v cars jumping over the curve. Yeah,
and you know that's already got millions and millions of
eyeballs around the world. So you know, that's our job

(51:12):
in New Zealand. We have to we have to. We're
a small country. Then we need to try as hard
as we can and we will, but we just need
to be and Kiwis are good at thinking outside the
square as well, so so brace yourself.

Speaker 3 (51:24):
Who knows what's going.

Speaker 2 (51:25):
To happen, briss yourself. Good on you, Mike, good to
catch up. I appreciate and have a fantastic weekend and
a good season over summer. Tony Quinn, founder of the
National Racing Group Promotions. I got everything. They got the
GT World and they got the g T four finishing up.
That's in Australian contest Murphy Grig Murphy is in a
GT bawl this weekend, so those two are coming across
the Tasman will be finished up. So you got everything
from the eighty sixers through to the glamour cars and

(51:47):
the fan experience, the whole thing. So Tony Quinn is
to be congratulated for his energy and effort and success
in New Zealand motor racing. It is seventeen minutes away
from it.

Speaker 1 (51:58):
The mic hosting Breakfast Fall Show podcast on iHeartRadio powered
by the News talks.

Speaker 12 (52:03):
At be well in.

Speaker 2 (52:05):
My wife has become an F one junkie this year.
Never interested before you know, if one, if you ever
want to. What Tony was saying was interesting and insightful
and beyond the sport, beyond motor racing. If you ever
want an exercise on how to sell a product, to
take a product and expand it out to a wider audience.
F One's year example, Mike great interview with Tony Quinn.
What a great contribution to New Zealand motorsport and the

(52:26):
fantastic opportunities. So Phil, thank you for that. And I
agree speaking of sport, Nathan Limb's done some very good
work you can read in the Herald, very disturbing. While
his work isn't disturbing, what he's found is disturbing Netball
in New Zealand we speak of their workplace culture. There's
a call now for a leadership change. Unsurprisingly, they talk

(52:46):
to six current and former personnel. They talk of a
challenging and secretive workplace culture, a culture has been typified
by Nitbull's recent treatment of the Silver Ferns also called
for an overhaul of the board to introduce great accountability.
Twenty two of Netball New Zealand's forty three staff have
left over the past two years. I mean, doesn't that

(53:06):
tell me everything you need to know of the forty
three staff. Twenty two are gone. I mean they talk
about churn. That's churn turboat, including eleven. In the past
twelve months, Exodus has wiped out entire commercial teams, an
events team gone, marketing team gone. I mean, how do
you market something with that sort of cluster. I mean,
you can't mark, you can't market chaos. Some of the

(53:30):
staff signed nondisclosure agreements on the way out. I don't
know that that's highly unusual, but it speaks to the environment.
So read the story and make up your own mind.
But because the unfortunate thing about this is that it's resolved,
but not resolved in the sense that the questions still remain.

(53:51):
It's all very well to have been And I don't
know whether Mark Mitchell had a great role in this
in terms of he said he wasn't stepping in, but
Sport New Zealand, you know, it's millions that we're giving
the sport, and he made some comments and Sport New
Zealand stepped in and then all of a sudden, magically,
about a day later, it got resolved. So you can
draw your own conclusion there. But it's not resolved, is it,

(54:13):
Because yes, Nolan's got a job back and Nolan deserve
to have a job back, and Nolean deserved not to
be treated that abysmally in the first place, So that
part got rectified. We still don't know who the complainants were.
The thing that really gets me upset was the revelation
that after the investigation nothing was found. So you're guilty, Noline.

(54:33):
Can you please go away and will humiliate you and
embarrass you in front of the nation, one of the
icons of the sport, and once we've done that, will
investigate what these people are saying, Oh, there's nothing there,
Oh Nolan, can you come back? That would that be
all right? Thanks very much, And so it's not surprising
that they're asking for major change at board level and
of course at executive level. Are the good news, but

(54:57):
from the fact that Nolan's back is Nolean will giving
her first interview on this whole saga on this program
on Monday Teamed Away, So Mike.

Speaker 1 (55:07):
Hosking Breakfast with the Defender and News togs.

Speaker 2 (55:09):
Head be giving away from a rugby in Chicago Sunday morning,
first of four for the Northern Tour. Soldier Field to
sell out. Ethan de Groot's with us, Good Morning.

Speaker 3 (55:17):
Good afternoon to you.

Speaker 2 (55:18):
Is it good to be back giving you sat out
the last one.

Speaker 3 (55:22):
Yeah, it is good to be back in campus. It's
been quite a big break for myself for getting an
extra week, but yeah, excited for the start of a
big tour.

Speaker 2 (55:32):
Tell us about Chicago and the week and the noise
and the buzz. Has it gone well.

Speaker 3 (55:36):
Yeah, we've had a great week so far. Chicago has
been awesome so far. You know, we've had a good
look around and now the ViBe's good and Americans love
their sport. Yes, that's going to be awesome.

Speaker 2 (55:49):
The you're at the bulls, weren't you and you got
to get you know, shoot a few hoops? Did Was that?
Was that a highlight? Any good at that?

Speaker 3 (55:57):
I'm not very good at shooting hoops, but it was
definitely a high Yeah. On the day off we went
and we went to the game on the tues Monday night,
and then on the day off there's a group of
us that win, had a good look around their stadium
and got to go on the court and have we
shoot around. It was good fun.

Speaker 2 (56:14):
It's amazing. If sold your field the thing for you,
I mean, does it matter where you play? I mean
it's a It's an are inspiring stadium, isn't it.

Speaker 3 (56:22):
Yeah we haven't been there yet. We're training there this afternoon,
but yeah, to see what it's like. But from the
I've played in America twice and from from what I
know they do, they do sport over here very very well.
The stadiums are set up for you know, the fans.
I don't even think you have to leave your seat

(56:44):
to get a drink or food or anything, and they
just got QR codes on the seat and someone will
come fill your bear up. And yes, the stadiums they
almost feel like they're on top of you. So the
fans definitely get a good experience over there here.

Speaker 2 (56:57):
They do it well, right the Irish what's the plan?
Toughest test first or do you not see it that way?

Speaker 3 (57:04):
Every test on this Grand Slam Tour is going to
be They're all going to be massive, so yeah, probably
probably the toughest one, Probably England close second. Maybe they're
but both very tough. But yeah, looking forward to the challenge.
Definitely a bit of history over the last few years
with them, so looking forward to it.

Speaker 2 (57:23):
Do you target teams or is this just the tour
and that's what you face.

Speaker 4 (57:30):
I think we.

Speaker 3 (57:32):
Target whatever's in front of us to be fair one
week at a time. We don't look too far ahead.
If we are going to go have a crack at
a Grand Slam, we need to win one of the time.
So yeah, definitely, I was all on this weekend and
you don't look too far ahead.

Speaker 2 (57:47):
Have you got Christmas shopping lined up in Europe?

Speaker 4 (57:49):
See?

Speaker 2 (57:49):
That's the problem, isn't Ethan With end of year tours.
You get to the second or third test and Christmas
is coming and it's a bit cold, and you think, jeez,
I wouldn't mind getting down to Selfridges for a shop.

Speaker 3 (58:00):
Yes, there's obviously we get a bit of dent on,
we can go look a bit of shopping, but ultimately
he's here to do a job. The good part of
touring we do get a bit of time off and
be able to go have look around. So that's all
part of touring for Stiel.

Speaker 2 (58:18):
I've got you four out of four. I see four wins.
If you're going to lose one, you'll lose this weekend.
But let's say four out of four? Am I wrong?

Speaker 3 (58:24):
Well that's all we're going. That's all we're going for sir,
I don't think you're wrong.

Speaker 2 (58:29):
There good stuff. Ethan Degrut out of Chicago. This morning,
we're playing the game again. What are you going with, Glenn?
Four from four?

Speaker 5 (58:36):
I'm just no, I'm worried about this game.

Speaker 2 (58:39):
Okay, so you're worried, so you're saying three from.

Speaker 5 (58:41):
Four, fifty to fifty. I reckon.

Speaker 2 (58:46):
Two wins, two losses. Nothing very Patriots, Sammy, what do
you go? Four from fourth?

Speaker 5 (58:51):
I understand why you always say bullish against these Northern
Hemisphere teams and we haven't played them for a year.

Speaker 2 (58:56):
Because we're in the season, is the answer, and they're
not because we're took us well to warm up and
so we're ready to go there in Chicago. As my
thinking on this, just for the record, because I think
I got stitched up last time when I think I
won the contest, but it was suggested to me I
didn't say stuff that was in my head. So just
for the record, because I said this last time about

(59:16):
South Africa. Just for the record, if we're going to
lose one, we'll lose this weekend. I don't think we will.
But if we lose, don't be shocked.

Speaker 5 (59:25):
Yeah, that's not really how bits work correct.

Speaker 2 (59:27):
I'm saying four and form. For the record, it's four
from for Mike. Jenny Wiler has been CEO of Netbull
for New Zealand over ninety years, which is clearly too long.
Do you know the reason, Mike, why she's not being
reintegrated back into the team. It's a good question. The
answer from Netbull is there need to work through some stuff,
whatever the hell that means. But I will put that
directly to her on Monday. Mike agree wholeheartedly. Reno Lean

(59:48):
looking forward to the interview. Indeed, so am I and
I'm looking forward to Katie and Tim after the.

Speaker 1 (59:53):
News as well, asking the questions others won't the Mike
asking breakfast with Vita in communities, Life your Way news
togsad be like is.

Speaker 2 (01:00:04):
It a Grand Slam against the home Nations of one game?
As an America Simon, It's not a bad question, but
you know, is it still the NFL season of one
games in London and one games in Brazil and one
games in Germany?

Speaker 12 (01:00:15):
Yes, it is.

Speaker 2 (01:00:16):
Location, it's not the key. Is it's ever listen to
this and s everyone, Yeah, Hamburg Ellen and chief hours
in London probably love time interviewed Lily Allen and I
was literally sitting in a van outside Windsor Castle, stirring
up at Windsor Castle. I thought, this is not experience.
I'm sitting in a van and I'm steering at Windsor

(01:00:37):
Castle and I'm talking to Lily Allen and she was
nice anyway. Her new album is called West End Girl,
and do you know the story? It's the whole you know,
the David Harbor thing, and that didn't give you this.
This is the Revenge album, allegedly, and there's fourteen versions

(01:00:57):
of Revenge and the Revenge one of them is called
the Pussy Panelist. W does that appeal to me? Fourteen
versions of Revenge that will last forty four awkward minutes
for mister Harber.

Speaker 1 (01:01:17):
A week in Review with two degrees bringing smart business
solutions to the table.

Speaker 2 (01:01:23):
Welcome to the program, Kate Hawk's me, good morning.

Speaker 20 (01:01:27):
That's how that new Lily Allen album is a hit
with the Pickle girls.

Speaker 4 (01:01:31):
Is it?

Speaker 2 (01:01:32):
Oh God, I thought of you, go, I thought of you, Tim,
Good morning to you. I thought of you this week, Katie.
Because the Herald finally caught up with Pickle. They said
it was the funniest headline. One of the headliners said,
what is this pickle and why is it a multi
billion dollar sport? And I thought, now what I thought, haven't.

Speaker 8 (01:01:49):
They been listening?

Speaker 2 (01:01:50):
That's all we've been talking about for the last month.

Speaker 7 (01:01:54):
How did they not interview me?

Speaker 2 (01:01:56):
Missed opportunity, the queen of pickleedball and risk exactly? Can
I just clear up a couple of things here, one
just for you Katie when I do my MIC's minute
later on. I just want to just get this out
in the public because I'm wearing a shirt this morning.

Speaker 20 (01:02:16):
This isn't about the white T shirt, is it.

Speaker 2 (01:02:18):
Yes, so for goodness sake, I know. But what happened
was tim and this year you'll appreciate this being a bloke,
is that I've got a lovely new white T shirt
and I hadn't worn it, and I was going to
wear it this morning. And Katie says to me when
she saw it, she came into the place where I
get dressed, and she came and she goes, oh, you're
wearing the white one tomorrow a for the first time.

(01:02:38):
And I said, yep, looking forward to it. She goes,
I hope there are no nipples.

Speaker 20 (01:02:42):
No, I hope it's not see through, because that's what
men's T shirts, men's white T shirts. And I don't
understand this, and maybe someone in the fashion industry can
can get back to us. But why are so many
men's white T shirts see through? Like I imagine for
you know, some demographic that's appealing, But by large do

(01:03:03):
we want to see really?

Speaker 4 (01:03:06):
No, we don't.

Speaker 12 (01:03:07):
Is this even a thing?

Speaker 2 (01:03:08):
It is very much a thing to It is very
much a thing in the white T shirt world. So
my one's My one's a knitted cotton with just a
hint of silk through it, and so it's a it's
just it's a waiting a fabric. It's a waiting fabric.

Speaker 11 (01:03:23):
Can can you take some cups out of Katie's brows
and put them ovie in it?

Speaker 2 (01:03:28):
Well, this morning at two thirty, desperation struck because I
put I was confident there was no nipple, but I
put it on at two thirty this morning, and even
in the dark of two thirty in the morning, I went,
oh my god, this is nipple central, and so I
had to whip.

Speaker 15 (01:03:43):
It off work.

Speaker 11 (01:03:49):
It's not enough to deal with without the headlights coming
towards at three am.

Speaker 2 (01:03:55):
So I had to I had to whip on another one,
and so that other one may only matchmade.

Speaker 20 (01:04:00):
Jacket because you're wearing a pink jacket today, Maybe just
skip today.

Speaker 2 (01:04:10):
When I do Mike's minute, don't bring it up on
social media, and don't.

Speaker 20 (01:04:15):
Go thinking what have you teamed with your pink jacket?

Speaker 16 (01:04:20):
Then?

Speaker 2 (01:04:21):
Green?

Speaker 8 (01:04:22):
What colored green?

Speaker 2 (01:04:25):
Every time you're in the green I've never seen it's one.

Speaker 20 (01:04:29):
Of the going on camera.

Speaker 12 (01:04:31):
I am, I am.

Speaker 2 (01:04:33):
What I'm going to do. The alternative is I'm going
to whip the green one off and I'm going to
go topless with the jacket.

Speaker 8 (01:04:42):
Pink and pink.

Speaker 2 (01:04:43):
That's right, that's right. Next piece of news. Unfortunately, Katie,
I have had to acquiesce and we are going to
christ Jut to do a thing that the company want
us to do. And foolishly, yesterday I said to Jason,
Jason's been trying to get me to go to christ
used to do this thing for him, And I said

(01:05:04):
to him yesterday he said, what will it take? And
I said, and I in one of my random moments
steering out the window looking at the inside billboard, electronic billboard,
I said, if you stick me on the ZM billboard.

Speaker 4 (01:05:17):
I will.

Speaker 2 (01:05:21):
I picked a random station. ZM was coming up at
the time, and I thought, right, I said, if you
stick my picture on the ZM billboard, I will go to.

Speaker 20 (01:05:30):
And some one I thought you were going to say
something cool, like an expensive bottle of wine.

Speaker 2 (01:05:35):
Well I asked for one hundred thousand dollars. I said,
give me a hundred thousand dollars and he said, he said,
don't be stupid. And so then I said, put me
on the ZIM billboard. And he's gone and put me
on the ZDM billboard. This morning, you're on the z
AND billboard, not kai the k The kids would be saying,
who's this nippy old guy on anyway, so we're please,

(01:06:00):
we're putting the social, We're putting the We're putting the
photo up on the on the socials at the moment
so you can see me and ZDM. So that could
be a future opportunity. But we are going to christ
Yitch now. It is thirteen minutes past eight.

Speaker 1 (01:06:14):
This is a news talk sav developing stories.

Speaker 2 (01:06:17):
This is interesting, if not historic. The king has initiated
the formal process to remove the style titles and honors
of Prince Andrew. This is from Buckingham Pallace moments ago.
He will now be known as Andrew mount Batten Windsor.
His lease on Royal Lodge has two date provided him
with legal protection to continue in residence. Formal notice has
now been served to surrender the lease. He will move
to alternative private accommodation. These censures are deemed necessary notwithstanding

(01:06:42):
the fact that he continues to deny the allegations against him,
so that is material. So whether he now goes rogue
is an interesting question. But he has been stripped off.
He is no longer all the titles, in other words,
are gone, and he's been booted out of the Royal Lodge.

Speaker 1 (01:06:58):
Fourteen past eight The Mic Hosking Breakfast Full Show podcast
on iHeartRadio powered by News.

Speaker 2 (01:07:05):
Talks AP News Talks sixteen past eight a.

Speaker 1 (01:07:09):
Week ind review with two degrees, bringing smart business solutions
to the table.

Speaker 2 (01:07:15):
Tim and Katy with us. A very important announcement to
make to both of you. Are you aware of what
tomorrow is?

Speaker 20 (01:07:22):
Um the first of November?

Speaker 12 (01:07:25):
Correct?

Speaker 2 (01:07:26):
Very very good answer, that was indeed the first day.
Now we unfortunately are not going to we will not
be here obviously being a Saturday because I've been limited.
Although I want to work seven days a week, I
have been limited to a Monday Friday exposure as part
of my contract. But on the first day of November
nineteen ninety five, do you know what happened? Tim? Your turn?

Speaker 12 (01:07:48):
Did you guys get married.

Speaker 2 (01:07:50):
In nineteen ninety five?

Speaker 10 (01:07:52):
Do?

Speaker 4 (01:07:53):
No?

Speaker 2 (01:07:54):
We did not help me out. On the first day
of November nineteen ninety five, somebody in the recruiting department
decided the Glen Heart Yes should be employed by Oh
my goodness, this is even bigger than your marriage.

Speaker 12 (01:08:08):
This is incredible.

Speaker 15 (01:08:10):
That's awesome.

Speaker 2 (01:08:10):
How many years is that, Cadie, first of November nineteen
ninety five to two? It's a lot of years. Let's
do some let's do that's new curriculum. Erica's ericas thirty years.
Well done, Tim so thirty years. That in zed me tomorrow.
He joined this program on the sixth of August two
thousand and one, So long time are There's.

Speaker 20 (01:08:30):
Some Glenn celebrations, Jason taking you out for hot dogs?

Speaker 2 (01:08:36):
What Jason's never taking anyone?

Speaker 3 (01:08:40):
Great result?

Speaker 20 (01:08:40):
The Green shoots the company's booan part obviously due to Glenn.

Speaker 5 (01:08:47):
So yes, yeah, I think there was a few pages
about that with our upgraded results announcement earlier on.

Speaker 2 (01:08:52):
That we alerted the market, we said, we said, we're
a material was at the end of the income. Plus
glen'sman here a really long time, and that's that's all
was required to shift the I think we went up
six percent on Monday or Tuesday, and so.

Speaker 20 (01:09:04):
We've gone that's more than half Glenn's life.

Speaker 2 (01:09:06):
That's the interesting thing because Glenn, although he sounds old,
isn't And he's fifty. What are you fifty one?

Speaker 12 (01:09:14):
Two? Yeah?

Speaker 5 (01:09:15):
One, don't make me two yet. I've got I've got
I've got just on a month to go BEFO ride
fifty two.

Speaker 2 (01:09:20):
So fifty one years Glen.

Speaker 5 (01:09:23):
Glenn's been fifty for the last three years.

Speaker 2 (01:09:26):
It looks like it. But let's let's take him as well.

Speaker 5 (01:09:28):
Well, it doesn't.

Speaker 12 (01:09:29):
He looks he looks young.

Speaker 11 (01:09:30):
He looks young, don't so that he's looking good.

Speaker 2 (01:09:33):
So he started at twenty one, which is not Which
is an odd thing, isn't it? When in this modern
age the number of people, i mean, the tun in
this company is extraordinary. The fact that you can hang
around the place for a sustained period of time is exceptional,
so it is more than half his life. And some
mornings it feels that way.

Speaker 5 (01:09:51):
I mean, just what do you mean some morning.

Speaker 2 (01:09:56):
He sais there and you, guys, more than half my
life at this place. It's got that.

Speaker 15 (01:10:04):
He needs the gold watch or something, well.

Speaker 2 (01:10:06):
No gold watches. Whenever a thing it ends with me,
I think I can fairly safely say that and certainly
give them the price of gold that they're certainly not
going to become.

Speaker 14 (01:10:13):
The should have been on the billboard, not you.

Speaker 2 (01:10:16):
Yes, that's about change would be on the billboard.

Speaker 12 (01:10:20):
Now.

Speaker 2 (01:10:21):
He started out to be fair, just to give everyone
a background. He started out writing copy, which is where
Glenn and I have a commonality because we both started
out writing copy. We were both copywriters. And the other
similarity was they very quickly worked out neither of us
were any good at that, and so they moved us
into other departments, and he ended up.

Speaker 11 (01:10:42):
I reckon, you guys would have been good because you're
both creative.

Speaker 5 (01:10:45):
You can hear that in the way you talk like
you've got you've got creative brains.

Speaker 2 (01:10:49):
But it's just like, why should this be on paper?

Speaker 12 (01:10:51):
Let's get them get it on broadcast.

Speaker 2 (01:10:52):
Are you being paid to say nice things? Because no,
that's true.

Speaker 20 (01:10:56):
Should write this point hosts I have worked to us
that could.

Speaker 2 (01:10:59):
Be And that's the problem. Isn't it very long? Chapter one?

Speaker 5 (01:11:06):
I mean I've been adjacent to several others, I guess.

Speaker 2 (01:11:09):
Have you, but that's not the same. Oh you put
that at the best stuff I've been adjacent to by Glenn.
It'll be it'll be like the real, you know, like
the real Justinderavian biography. No, hope.

Speaker 5 (01:11:20):
Do you have to give up doing copywriting because they
changed from having a typing pool writing writing out the
ads for you and you had to type them out yourself.
You know you can't.

Speaker 11 (01:11:29):
They changed Glen Glenn, they changed to having a typing pool,
so he was handwrising copy with a fountain pen and
they said, this is this thing called a typewriter.

Speaker 12 (01:11:39):
He said, stuff it.

Speaker 2 (01:11:40):
I just want to talk and the rest is history. Unfortunately,
I had to change my career due to legal circumstances
that I really can't go into this prison point in
type people involved, It sounds like the Dave noel Le.
All I can say is the word super liquor man,
and that that that that.

Speaker 5 (01:11:57):
Was was that the beginning of your feud with the
b s A.

Speaker 2 (01:12:00):
That was it was, it was, it was ugly. I
got PTSD just thinking about it. Anyway, Glenn, happy thirtieth
for tomorrow. That's very well, thank you. Congratulations.

Speaker 5 (01:12:08):
Yeah, do I get the day off?

Speaker 2 (01:12:10):
You can have tomorrow off? Absolutely, and got a little Sunday.
Got a little gift for you and May. I was
going to say, may there be thirty more, but you
don't want thirty more? Do you written to me?

Speaker 5 (01:12:19):
Honestly, I didn't even want thirty exactly.

Speaker 2 (01:12:24):
Precise anyway, you two, anything else you'd like to add,
just quickly, Katie.

Speaker 20 (01:12:29):
No, I was just going to say that Prince Andrew thing.
That's really interesting, and that what I think. If the
rumors are true that William is behind all this, I
think it's a good sign for the future of the monarchy.
No prisoners.

Speaker 2 (01:12:39):
Well, they really say Kate Kates, I mean that you
are the Kate. You are the Kate, She's the Kate.
Kate's behind everything. Kates are behind everything is the lesson
in life. I think this morning on that Tim, you
have a lovely weekend as well, won't you.

Speaker 11 (01:12:52):
You're too I'm looking forward to that Dave Nols and
the View by Criche No, No holds.

Speaker 12 (01:12:57):
Barred, can't wait.

Speaker 2 (01:12:59):
Jeesuz you've oversolved that it. I love my sport.

Speaker 12 (01:13:02):
You know I love my sport.

Speaker 2 (01:13:03):
Hosky put that on a promo. It's a twenty two.

Speaker 1 (01:13:09):
The Mic Hosking break with Bailey's Real Estate Newstalgs.

Speaker 2 (01:13:12):
They'd be looking and feeling your best never ven easier
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(01:13:54):
it's all on, it's all go, great savings every day
of course at chemist Warehouse. Hosky what socials can we see?
The ZM billboard, the Mike Hosking breakfast Facebook page. Congrats Glenn,
very patient man. That's true. Hooray Glenn. Don't hear that
word much to you. Hooray. Hooray Glynn.

Speaker 5 (01:14:13):
Who ray to get a hazzar?

Speaker 2 (01:14:14):
Maybe we have or three huzzars. Congrats Glenn, very patient man.
So people think you're patient. That's the that's the character
that people have taken out of it for thirty years.
Congratulations Madge allsopp to Mike's Dame Edna.

Speaker 5 (01:14:26):
There's sort of a battered wife kind of been coming through,
isn't there. There's a little bit I need to be
seeking help.

Speaker 2 (01:14:33):
Weirdest story of the week in Australia was Susan Leigh
who had to go at Eldon Easy because of his
T shirt. So Murray olds with more on that, including
the news in a moment, including the developing news out
of Buckingham Palace this morning. That's next reviews talk.

Speaker 1 (01:14:50):
Zidy Opinion edit informed, unapologetic in the Mic Hosking Breakfast
with the Defender, embraced the impossible news togs DEADV.

Speaker 2 (01:15:04):
Just to set the record straight, we started the show
this morning with Rachel Reeves, the UK Chancellor. Of course,
there was a suggestion that she didn't do the right
thing when it came to renting out of house. This
was angela rain at two point zero Starmer was saying,
there's nothing to see he a bed not was all
over it like a rash, and so things looked a
bit problematic. In the ensuing hour or so, the estate

(01:15:24):
agent in Bold, a company called Harvey and Wheeler, did
in fact offer to apply for the necessary rental license
that you would need when you're doing this as a politician.
Then they didn't do it, so they've now apologized for
the error. The bloke from Harvey and Wheeler said, we
alert all our clients to the need for a license
our previous, our previous property manager offered to apply for

(01:15:46):
a license on these clients. Behalf the property manager concerned
suddenly resigned on the Friday before the Tennessee began, So whoops.
Twenty two minutes away from.

Speaker 1 (01:15:56):
Nine International Correspondence, squid ends and assurance, peace of mind
for New Zealand business.

Speaker 4 (01:16:02):
No make Murray old, how are you good morning? Mike's
pretty good? Thank you after a busy week.

Speaker 2 (01:16:07):
Susan Lay do you say Lee lay?

Speaker 4 (01:16:10):
Lee? Apparently?

Speaker 12 (01:16:11):
Lee?

Speaker 2 (01:16:11):
Okay, Susan Lee. See this, I got my first real
tangible from offshore looking back at Australia view of what
her problem is this week. So the photo, Albanese is
walking down the stairs from his plane. He's wearing a
Joy Division T shirt and she goes at him because
Joy Division if people don't know do you think people
know about Joid of anyway, it doesn't matter. So she
goes at his T shirt and I'm thinking, if that's

(01:16:34):
where you're going with this, and that's how you run
your job, it's no wonder people think you're a complete dufast.

Speaker 4 (01:16:40):
Oh no kidding? You know, yes, apparently you know. The
T shirt is offensive to some people because it references
something the Nazis did in World War Two. Hello, no one,
No one knows that. I'm sure Albanese didn't know it.
I mean, it's a bit and that's part of Albanzi's stick.
It always has been now, I like punk music. I

(01:17:01):
like bashing Tories. I mean, that's the whole thing. He's
been all his life, and he parades this stuff as
a badge of honor. He's got a thousand T shirts.
You know, we can have a debate about the efficacy
of old men with graying hair wearing T shirts that
you know, it's like Buddy wheeling out your Abbey Road
T shirt from all those years ago. Just looks a
bit naff, looks a bit silly, and you're dead right,

(01:17:23):
that's all Poor old Susan Lee's got to go on.
She's out there trying to lead, getting no help from
the moonglers behind her, who are all busy fighting like
weasels in a sack. It's dreadful. The poor woman's on
our own, you know, the rest of them. Bob got
no idea at all out of an opposition.

Speaker 2 (01:17:38):
There's the weird things that your inflation.

Speaker 4 (01:17:40):
Now.

Speaker 2 (01:17:40):
I keep reiterating this to people who want to leave
the country, because there are thousands of them want to
leave the country. I mean, you know, as much as
I love Australia and I do, you do have some
material and foundational economic issues, and inflation is one of.

Speaker 4 (01:17:53):
Them, no kidding, a government expenditure way too high as well,
throw that it's nearly thirty percent of GDP, five to
six percent higher than what is traditionally considered whatever you
normal looks like inflation surge. In the September quarter, you
had consumer prices up three point two percent, in June
two point one percent, so it's a massive gump up

(01:18:14):
from two point one to three point two and that
came as a much much, much hotter than economists were expecting.
And of course what that has done is dash like
any hopes of a Melbourne Cup interest rate cut, because
the Reserve Bank meets next Tuesday here in Sydney, and
all the talk was ge whiz, inflation's under control. That
means we're going to have another interest rate cut the

(01:18:35):
Reserve Bank. Will you have mortgage holders and relief? Well
that's apparently that's as much chance as a snowflake, and hell,
it's not going to happen, according to every single economist
I've been listening to in the news this week, simply
because the economy is going too hot and interesting. What's
driving a lot of this is the price of energy
is going up. Well, of course, labor it's like garlic

(01:18:55):
to a vampire. No, energy is great, they've got to
be you know, we have renewables. Well, that's absolutely the
Achilles heel of the government, because a lot of people
are moaning about their energy bills, and with good reason.
I mean, Elbow came in and said I'll cut your
energy bills both I think two hundred and seventy five dollars.
They've gone the other way, I mean energy. But where's

(01:19:16):
my nose here? Energy? Energy is nearly twenty No, I can't,
we'll find it. But energy is that by over forty
percent in the last couple of years. It's just extraordinary
the cost of it, and labor's hurting on that. And
if the opposition could stop fighting amongst themselves and start
pressing issues like that, they might get some traction mine.

Speaker 2 (01:19:37):
Sorry, it's got no coverage here, but it's an interesting
insight I think into having a two tiered system, the
Senate over the House of Reps. So the report was
commissioned a while back. You can explain the da they
got to it. They got the report, they said they
released it, they haven't released it. And now what they've

(01:19:58):
done the Senate is gang up and I think that's
how the system is supposed to work, isn't it. You know,
the Senate oversees the rat bags in the House of Reps.

Speaker 4 (01:20:08):
The Senate may beautifully put the rat bags in the
lower House are the ones and that's where government has formed.
The Senate is a house of review and that's what
the Senate tried to do. Yesterday. Two years ago, the
government received a report on jobs for the boys and girls, right.
I mean, all these ex politicians they get defeated at
an election, all of a sudden alge wheres they're in

(01:20:29):
charge of the stamp licking Board of Australia. You know
what I mean? They get these three or four hundred
thousand dollars a year sinecures. And the Senate wants to
know what's in that report. Labour's sat on this report
for two years and she Makatie Gallagher, she's the Minister
of Public Service, has refused to release it. She says
it's prepared for cabinet. It's cabinet and confidence are the

(01:20:49):
Senate's saying, cut it out, what are you talking about?
The Senate's ordered her to release the report, and she
is in the Senate she's a senator and I just
point blank refused to do so. And yeah, it's been
a filibustering yesterday, the government threatening to Stripbeckers. Traditionally, the
government MPs will chair committees might be, you know, Foreign
Affairs and the Health Department Committee, whatever it might be,

(01:21:12):
and the opposition will generally have the deputy chair and
it carries a few more extra dollars and whatnot. And
they all love, you know, the taxpayers dollars. They never
put their hand in their fuck up for anything down
in Canberra. And of course what's happened. The government has
been waiving this big stick. Nothing happened much yesterday. I
mean it was three and a half hours, the longest
question time in the Senate ever. Now wonder people say,

(01:21:34):
do we really need all these people governing? It's only
twenty five million, twenty six million, So it was a shambles.
The government won't release it, and the standoff continues.

Speaker 2 (01:21:43):
No exactly, So who blings first?

Speaker 4 (01:21:46):
Well, I don't know. I can't see the government bowing
to this. And then it's it's really unusual to see
the Greens and the Coalition to greing on anything. And
the guy driving one of this, of course was David Pocock,
the ex Bollaby, and he's the guy. He's an independent
and he's the guy with perhaps the most integrity in Parliament.
He's not beholden to all the lixspittles who run Labor

(01:22:09):
and the lix spittles who run the Liberal Party. He's
just his own, he's his own man. And people are
rallying around this guy. He's a bit like you know,
he's the head and off of the plane.

Speaker 2 (01:22:18):
Hey listen, I've been following with interest the Bureau of
Meteorology Meteorological Bureau of Bureau of Meteorology in the four
point one minute dollar website up how and the politics
behind us because the little being dragged in there? How
can you cock up something so badly?

Speaker 4 (01:22:35):
I don't know. There's been an absolute deluge pardon the pun,
a deluge of complaints about this new website. You know,
they spent over four million dollars designing this thing and
apparently it's just it's not fit for purpose. The website
went live last week during all that weather down in Victoria,
all the extreme heat across Australia, and it just didn't

(01:22:58):
work to the satisfaction people trying to use it, so
I'm not looked at it myself. I'm not familiar. I mean,
I look at that going a headache. All the brainy
people can look at that and understand what's going on.
But honestly, I go there for information to write news
stories and so on, and people go there to see
if they're going to play golf on Wednesday. But as

(01:23:18):
far as I'm aware, it's fine. But the people who
need it, who rely on it, farmers for example, that
thing is pundy hopeless. Go back and start again because
we can't understand what you're giving us.

Speaker 2 (01:23:28):
Unreal. All right, mate, you have a good week. Appreciate
Murray Olds out of Australia. Just one more thing, by
the way, which backs up sort of what Bill Gates
said earlier on this week. Morrison has said a knit
zero by twenty fifty when he announced that he was
the prime minister who said knit zero b twenty fifty
signed on to that. He said, that's just ideology, didn't
mean fourteen to nine.

Speaker 1 (01:23:47):
The like asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks.

Speaker 2 (01:23:52):
A'd be my favorite company Reality Labs met as Reality
Abs Meta gave the result yesterday. But to Meta Reality Labs,
the quarter lost another four point four billion dollars at
total losses so far on four hundred and seventy million
dollars worth of sales. By the way, so they sold
four hundred and seventy million dollars worth of stuff, but
over all they lost four point four billion. Every quarter

(01:24:12):
they lose more money, I ask how much longer does
it go before they wake up to the fact that
losing a lot of money isn't really the way to
go about business. So far, cumulatively, they've lost seventy billion dollars.
Although I did read the other day the company that's
putting their glasses together has noted an uptick in the
sales of glasses, so that's that's something I guess. Then

(01:24:35):
we come to this renewable power thing. Once again, I
raised this question with you because Genesis announced yesterday four
hundred and eighty seven million dollars worth they're acquiring and
developing a two hundred and seventy one megawats solar fund.
This is in Wykato RANGERERII. It's going to generate four
hundred and thirty seven gigawatts. Is that a lot? Yes,
it is fifty four and a half thousand homes. They
think it's going to be completed by the end of

(01:24:57):
the year. They'll supply it to their battery that got
the two hundred what battery currently under construction a Huntley.
All of that's a bit exciting, but that's yet another.
When you're producing power through solar from panels in paddocks
for fifty four and a half thousand houses, that is
a tremendous number of panels under a huge amount of acreage.

(01:25:22):
And am I the only one who looks at that goes,
eventually we're going to come. You know, it's always been
wind and I like a windmill, as you know, but
lots of people don't. But you're never going to have
the sort of coverage in acreage and visual pollution with
windmills the way you are with solar. And at some
point somebody's going to go. Do you think there's too
many solar panels around the place? Do you think it's

(01:25:43):
all a bit ugly? Do you think there's too much
land being ruined with these solar panels? Or maybe it's
just me night away from time.

Speaker 1 (01:25:51):
The mic Hosking Breakfast with a Vita Retirement communities use
togs Head be.

Speaker 2 (01:25:56):
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We can of power. That's electricity bills. They're out of control,
but we're good a company. I've got very good news
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these guys don't just install the panels and disappear. They

(01:26:17):
stick around for the life of the panels. They work
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And if you're thinking that sounds too good to be true,
it isn't. They've built their whole business on proving it basically,
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The Energy Practice dot com is where you're going. The
energypractice dot com. Get some detail there. The energy practice

(01:26:38):
basically saving money, not just making promises. Tasking Mike, you're
in your Australian Correspondent and misread the Elbow Joydivision T
shirt issue. No we haven't, Susan Lay says, may have
more of a moral compass than anyone know. The point is,
you're getting overly exercised about this. There's a cop a
lot of reading to be done in the Australian media.
If you want over this what the main point of

(01:27:01):
it was. You're referencing a podcast. Albanezi apparently knows about
Joy Division, he understands the inference of it, and so
it's not the scandal, the point being, and read the
article yesterday in the Sydney Morning Herald. It's a very
good one. It's the irony of music. Joy Division didn't
cut there out of Manchester. Of course in the seventies
Joy Division didn't call themselves Joy Division because they went

(01:27:24):
or we're pro Nazi was the It was the anti
establishment nature of the music industry. Hence their name is.
Read the article and you'll see what I mean. Five
to nine.

Speaker 1 (01:27:36):
Trending now Withers Warehouse the real house of frequencies.

Speaker 2 (01:27:41):
Now Taylor Sheridan's got some good news. I mind, assuming
he thinks it's good news. He works at Paramount Plus
and he's making a lot of money. He's doing a
lot of good stuff. He does Yellowstone, of course, and
Yellowstone is now franchise it's got to spin off eighteen
eighty three, or do we say one eight eight three
now it's six seven six seven? Is at one eight
eighty three? He also did the other one one nine

(01:28:04):
two three or some people still call it nineteen twenty three.
That's worth five billion dollars. So he's making bank there,
lion S Tulsa King. Tulsa King's worth stallone, isn't it.
Then he's got Landman second season beginning next month. We

(01:28:24):
quite like Landman ended really weirdly season one. At the
very very end of it, I thought was that is that?

Speaker 7 (01:28:31):
Will you?

Speaker 2 (01:28:33):
Anyway? He's got season two. This is all for Paramount Plus.
But he's been picked up now by NBC Universe in
a very Good Morning esque The Morning Show sort of way,
if you follow The Morning Show anyway. The deal is
for five years. It's worth a billion, which is.

Speaker 12 (01:28:52):
A lot of money.

Speaker 2 (01:28:54):
There's a lot of money two hundred million dollars a
year private these deals. No one's ever signed a one
billion dollars TV or movie deal. Than good on him?
Finished what's his name? Got the knighthood the other day
British Crime. No, not Idris Elba. The funny thing about

(01:29:15):
sam is I can go down the track and he'll
give me something completely tan, gentle, and they're in a
kind of what you.

Speaker 6 (01:29:20):
Sort of me.

Speaker 5 (01:29:21):
I prefer you drive into a sort of a conversational
cul de sac and then struggle to get your way
out again, because that's more fun to.

Speaker 2 (01:29:27):
Watch slow horses finish slowr Gary Alburn, Yeah, Gary Albn,
so finish slow horses last night. That's that's well worth it.
And they're turning them out like dollar bills. So the
next season is not that far away. We're not that
far away either. Back on Monday from six as always,
Happy Days.

Speaker 1 (01:29:46):
For more from the Mic Asking Breakfast, listen live to
news talks. It'd be from six am weekdays, or follow
the podcast on iHeartRadio

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