Full Show Podcast: 16 August 2024

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Demanding the answers from the decision makers. The mic asking
breakfast with Vida, retirement, communities, Life, Your Way, News, togs
d be.

Speaker 2 (00:10):
Well, you're welcome today. It's bye bye Kim dot Com.
Our Prime minister hits Canberra having looked at big drills
in Sydney yesterday. We've got some good news around labor
and our wine industree Ethan blackadded he calls up to
chat about tomorrow night and the archies. Tim and Katy
do the week, of course. Richard Arnold Murray olds they
provide peerless international report. Hong pasking seven past six, Welcome
to Friday.

Speaker 3 (00:30):
Now.

Speaker 2 (00:30):
If you listen and watch question time in Parliament, you
will have seen the Greens pap of the government around
a potential Palestinian visa. To this point, the government has
avoided a major scrap by suggesting, apart from anything, it's
hard to get here. In fact, the being hard to
get here is one of the great advantages of where
we are on the map. The refugee come illegal migrant
disaster that's playing out and far too many parts of

(00:52):
the world has never been an issue here, and in
that we really don't know how lucky we are Australia
far but not quite as far, has had boat issues
with enormous social and political ramifications. The United States election
is being fought on the border again. Europe has another
summer of any number of boats landing in any number
of beaches, and we all saw in Britain how that
plays out last week. But the complexity of the Middle

(01:14):
East may well trip Australia up yet because the government,
which is of a labor flavor and a fairly left
version of one, is running the risk of making a
massive mistake, and it's been helped by the head of ASIO.
They're foreign security people who suggest that if you fund Hamas,
that's bad, but if you just have a soft spot
for them and say they're not as bad as people
make out, that's good enough to get you into Australia

(01:36):
on a visa. The problem, apart from the obvious, is
once you're in Australia, you're virtually here as well. How
the Service and the Government think any of this isn't
the largest of bread flags. I've got no idea, but
the Opposition do, and that is one of a number
of reasons they've gone in the past year from basically
nowhere to leading the Poles. See, it's not often you
see a government in Australia trip as badly as the
Albanezy one has and run the very real risk of

(01:59):
being a one term disaster. But as it sits, they
are on track for such a trick. The hot pick
was an election before Christmas, but that's off now due
to their economy and cost of living crisis. But it's
issues like Palestinians and visas that's landed them in the
ongoing quagmire they're currently in. Now. Are there innocent Palestinians?
Of course there are. Are they victims of war? Yes

(02:20):
they are. But do they live above terrorists? Yes? Do
some sympathize with those terrorists? Yes? Does that then present
a risk not worth taking? As obvious as the answer
to that is, some amazingly can't or don't want to
see it?

Speaker 1 (02:36):
Who news of the world in ninety seconds.

Speaker 2 (02:40):
Now, as far as wars go, the Ukrainians have had
the best of weeks in a very long time. Of course,
another British tanks are being rolled out, which has led
the former president Potashenko to say more please, this.

Speaker 4 (02:50):
Is the step to stop the war, This is the
step to through Russia.

Speaker 5 (02:55):
Away from Ukrainian land and.

Speaker 1 (02:57):
This is just to in tours.

Speaker 2 (03:00):
It is impox is out of the DFC and into
wider Africa. Room. Once again, we're reminded that depending on
where you are in the world depends a loss on
the sort of treatment you get.

Speaker 4 (03:08):
In twenty twenty two, when we had many cases in
New Hope, vaccine was made available in New Hope. No
one gave even one dose to Africa.

Speaker 2 (03:19):
In the States, Joe, who it is suspected still runs
the place, is having a big tecta at the White House.
It's iron influences.

Speaker 6 (03:26):
You break through, you break through ways, and I think
you're going to change the entire dynamic of the way
in which we communicate. And that's why I invited to
the White House because I'm looking for a job.

Speaker 2 (03:39):
Also in America we have a rest in the Matthew
Perry case.

Speaker 7 (03:42):
Doctor Placentia and doctor Chavez violated the oath they took
to care for their patients. Instead of do no harm,
they did harm so that they could make more money.

Speaker 2 (03:55):
Yeah, five and total doctors and multiple drug dealers. Then
in Britain, we're on one hand, the future the country
are getting their agg levels. They are better, but the
Education Secretary sees room for improvement.

Speaker 8 (04:06):
I'm determined to reform the system to make it work
in the interests of the taxpayer that have also institutions
and students too. But after fourteen years the system's in
a mess. The government, the previous government kicked the can
down the road and we will need to take the
time to make sure we get this right.

Speaker 2 (04:21):
And then on the other in court, where the A
levels didn't appear to make any difference at all, another
rioting yob gets the word from the judge.

Speaker 9 (04:27):
What you have done cannot be viewed in isolation. It
must be viewed against the background of unrest and disorder
in the country. Your conduct and that of your group
was designed to stir up hatred.

Speaker 2 (04:41):
Finally, from our Break Your Heart file, sixty year old
Jim Dryer. He's trying to swim across like Michigan tw
one hundred and twenty eight. K's sadly they had to
pull him out from the water day three, when he
was ninety six. K's in why because they've been swimming
in the wrong direction. His GPS broke and he turned
around at night, ended up swimming thirty seven kilometers back

(05:02):
the way. Just come. He's a trier. Though he did
it successfully in nineteen ninety eight when he would have
been about thirty six years old. I think that might
be the clue, but he's failed three times since. As
New as the World in ninety seconds. Bitter growth news.
I'll do the details on Britain. Some good news out
of Britain on the GDP. Japan, they're up zero point
eight percent quarter on quarter. Reut has thought it would

(05:23):
be zero point five. It's expanded three point one percent
on an annualized basis, beating estimates as well, so Japan's
got a bit of go to it. They lost a
prime minister, but they gained a growing economy, so that's
not bad. Twelve past six.

Speaker 1 (05:35):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks.

Speaker 2 (05:41):
It'd be. In fact, we found a little bit of
life in China as well, just to give it to
your Retail sales were up two point seven percent in July.
They forecast a little bit lower, so that's good. Industrial
productions up not quite as much as they thought, but
it's up over five percent. The fixed asset investments still down,
so mixed bag in China at the moment fifteen past six.

Speaker 1 (06:00):
Name is money.

Speaker 2 (06:01):
From Devon Funds Management. Faday Morning, Gregsman's morning to you,
Morning to you, Well done to scaler O play. Didn't
we need that?

Speaker 10 (06:08):
Yeah?

Speaker 11 (06:09):
Absolutely, so good news story here. So she is up
four percent? Is she up now thirty percent from their
lows at the end of May? So yeah, A couple
of things playing out here. Four year earnings they are
a record seventy two point seven million, up on a
year ago. They said it was a resilient result in
a challenging market. Revenues did ease a little bit throughout
thirty point six million, but cashflow is also a record.

(06:30):
They've got their debt levels down. So the industrial division
that thrive earning's here almost forty seven million revenues up
four percent. Wastewater, hyghien, roofing, construction applications, driving sales and
scallops in this divisions, dominated by its international markets, make
a brand about eighty five percent of revenues, particularly the US,
so I suppose it's another takeaway here. Mike from the

(06:52):
the Abens said rate cut good for exporters and also
good for businesses earning money off shore, and then bring
it back to KIV dollars scallop they can tell to
invest and innovate. They've got they're using collaborative robots at
the facilities in the US, China and Europe.

Speaker 10 (07:05):
Now, the agricultural division, we talked.

Speaker 11 (07:07):
Earlier in the week about this, but you PGG writes
and talked about the weakness here and we know about that.
That's sort of ten percent four revenues to one hundred
and five million. But I think the positive story here
was at the first half was down fifteen percent, so
things are getting a little bit better. New Zealand was
weak in a lower demand for red bands and the like,
rubber gloves, you know, dairy farmers cutting back farmers generally.

(07:28):
They also said the weather was a factor, so that
might get a bit better, a bit better. And if
you look at internationally agricultural customers over the stocking. But
the good news is they appear to be returning in
the second half and they count for around about seventy
five percent of revenues. So yeah, good news around and
yeah we'll get a bit of a boot you would
think on the international and the domestic front.

Speaker 2 (07:46):
From that rate car Nice and Walmart came to the party.

Speaker 10 (07:49):
Yeah, that's right, Walmart did.

Speaker 12 (07:50):
So.

Speaker 11 (07:50):
I've had lots of good news on retail over night, JA,
porn out, Japan, China.

Speaker 10 (07:54):
Also the US.

Speaker 11 (07:55):
So you look at the world's biggest retail delivered a
better and expected result. Quarterly revenues at five percent one
hundred and sixty nine point three billion, net income was
four point five billion. An interesting thing might it's driven
mainly by volumes rather than high prices. They actually said
inflation was pretty flat, but of course, you know, Walmart
is known as a as a discounter. They said they've
seen no signs of consumer stress. I mean they've been

(08:17):
more discerning, but they're making gains. They're actually got more
into groceries that's picking up. They also said that you know,
every day items are pretty strong, but general mentioned iically
think things like lorn and garden supplies. They had their
first positive quarter and eleven quarters. Also, e commers sales
they're up over twenty percent, so you know, a lot
of strength there and so much sure that they've actually

(08:37):
raised the full year outlook. So they're still a little
bit cautious about the election, but you know they're saying
sales to the fully expected to rise three point seventy
five to four point seventy five percent.

Speaker 10 (08:47):
She is up seven percent, thirty percent high here to day.

Speaker 11 (08:50):
Also appetite for retail stocks there, Mike Berkshi Hathaway, they've
taken a turn in seventy million dollars steak in cosmetics
beauty chain Alter beauty be another leading indicator right now,
right there.

Speaker 10 (09:02):
And then you look at consumers spending in the US.

Speaker 11 (09:04):
So retail sales up one percent last month. That was
around triple the game forecast. Even if you take out
chunky motor vehicle sale related sales still did pretty well.
Spending at electronics, appliant stores, food and beverage that was
also up, so again just paints a picture of a
resilient consumer, also.

Speaker 10 (09:20):
Helped by falling inflation. We talked about that CPI.

Speaker 2 (09:24):
Yeah, indeed, if you want some fun reading over the weekend,
read about the Mars family because they're a particularly unusual setup.
But I mean they've got the dough and this is
what you get when you put additives and food in
a bright packet, and it's worth a shed load of dough.

Speaker 11 (09:37):
Yes, this is the biggest M and A deal this year.
So it's thirty six billion US dollars. So Mars is
buying kellan Over that's formerly Kellogg's. They split it up
into the year, into the US and international business. But yeah,
Kellanover's got things like pringles and cheese. It's they saw
the years jump, yes, stay up up around about forty
percent year to day. So it's responsible for cerial Brown's

(09:58):
brands outside the US and including cornflakes and crunching Up.
They go around about twenty three thousand employees, so thirteen
point five billion in annual sales. We know what Mars
is known for, and yeah, counts itself is actually an
interesting one as well, Mike. It's actually makes up around
thirty percent of the US cereals market. It's got a
pretty rich history dating back to the nineteenth century. And

(10:19):
despite all you know, the you know, I suppose concern
over eating and getting healthy cornflakes, appetite is still huge.
So currently the market is worth around one and a
half billion, and it's expected to top three billion by
the end of the decade. So and it's pretty special,
so you know, yeah, bit a big deal though.

Speaker 2 (10:37):
Right given the numbers.

Speaker 10 (10:39):
So we're ending the day and the week with a
lot of green.

Speaker 11 (10:42):
So we've got four hundred and ninety four points high
on the Dow forty five zero two. Well, the S
and P five hundred and one and a half percent
got the NAS deck up two point three percent. Also
for the US market's job as claims were fell last
week's that was good news. Foots the up point eight percent,
so the UK economy grew. Has mentioned up point six
percent of the second quarter, nicke at point eight percent.
You mentioned Japan had strong growth their again, consumption was

(11:05):
a feature CSI and China was up one percent as well.
Gain retail sales a bit of a theme other day
A six two hundred point two percent. We're continuing to
feel the love with the NZX fifty MII on the
ibn Z rate car up one point one percent, twelve
seven one zero, Gold up nine dollars, twenty four and
fifty six all up a dollar seventy eight barrel.

Speaker 10 (11:25):
Currency markets KEEV.

Speaker 11 (11:26):
Came off a little bit after yes day's rise against
the US were even down point one percent. We're down
zero point four percent against both the eight dollar and
sterling ninety point five and forty six point six respectively.

Speaker 2 (11:37):
Yeah, have a good weekend. Catch up next week PreCure it.
Greg Smith, Devin Funds Management Skill to report that I'm
reading this morning port of Tower on at eighty nine
ships for the crew season coming up October through April.
Eighty nine ships, one hundred and sixty one thousand passengers,
seventy five million dollars plus. It's not bad going enjoy it.
Six twenty one Hered News Talk zemb.

Speaker 1 (12:01):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks.

Speaker 2 (12:07):
At B Mike Mars did it all with cash. The
family doesn't believe in going into the very interesting article
already yesterday. They're more secretive than the CIA, the Mars family.
I don't want to depress you, having given you the
good news on the sailing, but card spendings down in
this country probably doesn't come as any sort of surprise.
It's down everywhere you look, pretty much apart from services
up to zero point seven percent. This is for July

(12:27):
one hundred and sixty one million transactions, average value of
about fifty five a pop, eight point eight billion dollars
on the month. But everywhere you look, core stuff down,
hospitality down, apparel down, durable consumables down down, down. It's
why Adrian did what he did yesterday. Jeersney Telegraph that
well remember six twenty five trending.

Speaker 1 (12:46):
Now with Wims Squarehouse, you're one start for Father's Day fragrances.

Speaker 2 (12:51):
How about way my way. They've already had to visit
the driver of this cars. They've already had to recall
multiple fleets after crashing into stationary vehicles and telephone and polled.
Something to do with mapping software. Anyway, The federal regulators
now looking into whether the cars are actually causing more
crashes than before they were on the roads, as extraordinary
as that sounds. Now they've had to recall another lot

(13:12):
because of a honking fault. This is in San Francisco,
of course it is. I'm probably going to end up
going to San Francisco later this year when we cover
the election. That's depressed me. Anyway. Every night, the cars
when they return to a car park, all by themselves
because their drivers cars they've got this function where anytime
someone backs towards them, the car honks and then reverses

(13:33):
a bit. So you guess what happens when a whole
lot of cars arrive all at once and the residents
who live nearby the car park complain about it.

Speaker 5 (13:58):
It's quite cute. I was going to say, is you
talk to each other.

Speaker 2 (14:01):
Your top to for New York when you stay in
New York. First thing, never stay on a low floor.
And I hadn't thought about that. Why do you never
stay on a low floor in a hotel in New York?
Because New York never sleeps. The honking never stops, the
sirens never stop, and the rubbish collectors never stop. So
if you stay on a low floor, you never get
any sleep in your hotel.

Speaker 5 (14:21):
How high do you have to go to get above?

Speaker 2 (14:23):
The last time I was on the twentieth floor, but no,
it was perfect. But I thought you could probably go
twelve or above. Twelve or above. So if you're on
fourth or fifth floor, all you're going to do is
get no sleep. I mean, I cannot help but be helpful.
I mean that just just paus out of me. Good
news on immigration to Erica Stanford yesterday on the business

(14:43):
of the RC workers. There's a new subcategory they've invented.
This is going to go well with the wine industry.
So we'll give you all the details shortly after the
news which is next hered News Talk s'd be.

Speaker 1 (14:57):
Your trusted source for news and for you. The Mic
Hosking breakfast with the range Rover villa designed to intrigue
can use tog sedb.

Speaker 2 (15:07):
Biden and Harris have appeared together in their first joint exercise.
He seemed I mean, he seemed like he always seems.
But he seemed cogent. He walked off the stage in
the right direction. So good signs Richard Arnold on that
for shortly Mike living dangerously? What level to stay on? On
a New York hotel fire department laders only reached twelve floors.
I don't know that to be true, Henry, but I'll
take your word. Are you rethinking yet? Well, of course
I'm not. So you go for what do you go for?

(15:28):
Proximity in a hotel? Restaurant? Quality views and club lounge.
I've never thought about the latterers, thoughts Mike on the
new Subaru Sti rumors of four hundred break horse power plus.
They say it's a game changer, but that's not my
words list and it comes in manual. It's even better.
Twenty three minutes away from seven seem good? Get from

(15:50):
breadth of text material would get on this program. More
immigration news yesterday, this time Erica Stanford was giving us
details of the RC program. This morning, we've got a
new subcategory to the specific purpose work visa and New
Zia Wine chief executive Philip Grigan's with us on all
of this. Philip, morning to you, good morning, good idea.

Speaker 13 (16:08):
And does it solve a problem A good idea. Yes,
practically it solves the problem a challenge that we've had.
So we're very pleased, very pleased.

Speaker 2 (16:19):
Good that's a due that it didn't do or you
couldn't do before.

Speaker 13 (16:23):
Well, there were changes to visa settings last year which
were aimed at controlling the level of immigration into New
Zealand that also impacted short term seasonal workers. What the
government's done is fixed that issue as it were. We
approached the minister a few months ago, had a good

(16:43):
conversation with her, and she's done what she said she'd
do and provided an avenue for us to get our
short term vintage workers into the country.

Speaker 2 (16:53):
She seems on top of the brief. Is that your assessment?

Speaker 13 (16:56):
Yes, yes, she when we spoke to her, she was
very aware of the situation we faced and we're very
pleased with the outcome. We couldn't have asked for more. Frankly, good?

Speaker 2 (17:10):
Is it common sense? What needed fixing? In other words,
do you look at and go this is silly, let's
fix it? Is it that simple?

Speaker 14 (17:17):
Yes?

Speaker 13 (17:18):
Look, it's just a practical, real world solution to a problem.
And it doesn't endanger the government's overall goals around immigration
or the migration settings that the government has in place.
But it just fixes a real world problem and we're delighted.

Speaker 2 (17:39):
Good. We were talking to her yesterday about the RC
side of the equation and I asked about the unemployed?
Do you have that issue? I mean, there are plenty
of people unemployed in this country who could allegedly pick grapes.
Is that part of the conversation or the issue or
the angst in the industry or not?

Speaker 13 (17:54):
Look over seven thousand full time in New Zealand. Of
seven thousand in New Zealand as full time in the industy,
but there are some seasonal peaks. As a regionally based industry,
we just can't source New Zealand. Is it The New
Zealanders don't really want to move town, move their family
for six weeks work during vintage. But there are overseas

(18:16):
workers who are experienced in our industry. That's what they
do and the are the people we're targeting here.

Speaker 2 (18:23):
Good stuff, Philip, appreciate it. You have a good weekend, Philip,
Gregor new z In a one gross chief executive. Isn't
it good to have somebody when you go to and
say there's the problem and she goes, yep, I understand
that and this needs fixing. She goes, yep, I'll do
that and it's not hard. Ay twenty minutes away from
seven pass so I mentioned A level results come out
each a level day in Britain. There's a bit of
angst around because they started handed out remember the last

(18:44):
government during COVID, they started making up numbers and you know,
if you couldn't go because you're a bit ill, or
you're a bit scared, or the school was closed to whatever,
they sort of gave you a grade. Didn't minute what
it was. Every year Jeremy Clarkson tweets out something to
remind you that life is about more than just education
and a level results. This year's is this I got
a C and two US and here I am forty

(19:05):
six years later with my own pub. It opens next weekend.
If you're fancy dropping in no I say, nineteen.

Speaker 1 (19:10):
To two The Mike Hosking Breakfast Full Show podcast on iHeartRadio,
carle it By News.

Speaker 2 (19:17):
Talksp Morning, Mike, one of the biggest challenges in RCI
employee ourself is the overhanded, dominating opinion of MSD that
has an overwhelming say on my business. They essentially think
they've got the king maker position, all the while not
being able to promind us with a single worker in
three years. Well, hopefully this is getting sorted out, Mike.
The best quietest hotel in New York to stain is
the Nickoboca Hotel, huge rooms. We've stayed many times. Comes

(19:37):
out tops ter Refict Recommendation seventeen to seven.

Speaker 15 (19:40):
International correspondence with ends and eye insurance, peace of mind
for New Zealand business, not just.

Speaker 2 (19:46):
The nick Oboca Hotel in America. Richard Donold's there as well. Morning,
very good morning, very fast developing events. What have we got?
Five arrests? I last saw a couple of doctors and
some drug dealers.

Speaker 16 (19:55):
Gosh, are we surprised at what has yours been announced?

Speaker 12 (19:58):
Here?

Speaker 16 (19:58):
No, we're not, but it is it is vile, It
is horrifying. It is shocking. It is allegedly the deadly
abuse of one of the most beloved of all TV
characters in our time. Many people looked up to the
handsome and wires cracking Chandler bing on the television series Friends.
But Matthew himself friendless at the end of a life

(20:19):
where he struggled so publicly with drug abuse. I mean
his colinet burst from opioid overuse. At one stage he
would take more than fifty vico and painkillers a day.
He confessed once he had done some twenty five drug detoxes.
Is at a record I don't know, gone through fifteen
stints in rehab. He'd written a book about his drug struggles.
He was brutally honest. But did any of that help

(20:40):
not in the end. He died last October, of course,
at age fifty four, in his waterfront home in southern California,
sitting in his hot tub. It has echoes of the
Whitney Houston tragedy or the Michael Jackson saga. Just like
Michael Jackson, two of pery so called doctors are among
people charged now over his drug death. These two medical doctors,
we call them, that supplied huge doses of ketamine, which

(21:03):
in small amounts can be used for anxiety treatment. Knew
that they were putting Matthew Perry's life on the line.
This was aided by the actors live in assistant thank you,
and by someone known as the Ketamine Queens and Milliganov
drug enforcement.

Speaker 7 (21:17):
Here they supplied Matthew Perry with large amounts of ketamine
in exchange for large sums of money, charging Perry two
thousand dollars for a vial that cost doctor Chavez approximately
twelve dollars.

Speaker 16 (21:32):
Yeah, lots and lots of money. Those doctors face life
in prison if convicted. One of the doctors who was
pumping Perry with likely death and using amounts of drugs
and a text message just days before the actors succumbed.

Speaker 17 (21:46):
He wrote, in a text message in September twenty twenty three,
quote I wonder how much this moron will pay?

Speaker 16 (21:54):
How much money could they squeeze from quote this moron?
Investigator Martine Strata says they found and all sorts of
drugs at one of the defendant's houses. They're indications of
this gang also applying some other celebs. When I think
of Michael Jackson and how doctor Conrad Murray, remember him
supplied the anesthesia to the King of pop to help
him sleep apparently or whatever it was. Murray served two

(22:16):
years of a four year prison term, asserting that he
was trying to get Jackson off the drugs in the anesthesia.
Whatever you think of that. This Matthew Perry case exposed
as another really dark underside of It's the truth.

Speaker 2 (22:28):
And then we go to Maryland. Joe seemed pretty well
received in the last half hour or so.

Speaker 16 (22:32):
Like you say, he found the door. But this might
have been awkward the first public appearance of the two.
They were appearing on a day when Biden has been
telling The New York Times that he still harbors some
angst towards his very good friend, the former Democratic Speaker
Nancy Pelosi, for helping to squeeze him out. Biden says
he still thought he could have won reelection, but knew

(22:52):
that it would have been an ugly battle with his
poles slipping and with much of his party against him.
These who appeared at an event mark how the government's
Medicare agency has been negotiating for a long while now
with pharmaceutical companies to cut prices to patients on ten
life saving drugs. They say this would save consumers around
ten billion dollars in New Zealand a year in reduced

(23:14):
drug costs. So pretty important for animals like heart failure,
blood clots, diabetes, arthritis, and many more. Harris stepped up
to the microphone.

Speaker 12 (23:22):
First two years ago as Vice President.

Speaker 18 (23:24):
I was proud to cast the tie breaking vote that
sent the bill that game medicare of the power to
negotiate and let it get to the President's desk. And
I was proud when our President Joe Biden signed that Villains.

Speaker 6 (23:46):
Along, folks, I'm an incredible partner.

Speaker 19 (23:50):
Progress we made.

Speaker 6 (23:52):
She can make one hell of a president.

Speaker 16 (23:54):
So cancer, thank you. Joe followed up to Springsteen music
and we can expect a lot more or that at
the damned convention coming up in Chicago next week.

Speaker 2 (24:03):
And do you have a good week and we'll see
you Monday, mate, Richard Arnold state side by the way,
I rid an interesting piece in the New York Times yesterday,
the California there's a California bill to regulate AI headline
causes alarm in Silicon Valley and it's yet to get
to the point end. But this is Gavin nusom all over.
Of course I would impose restrictions on artificial intelligence companies, investors, activists.

(24:23):
They're all scrambling at the moment trying to work out
what the hell's going on. But I couldn't help but thinking,
if you've invented something like AI with its implications globally,
and you don't think a government's going to get itself involved,
you're an idiot. Eleven away from seven.

Speaker 1 (24:37):
The Mike Hosking Breakfast is with Bailey's Real Estate News
Talk said, be good.

Speaker 2 (24:42):
Point, Mike, how many years does dot Com appeal and
that extradition run? Now, well, it's it's twelve, you say,
fifteen is twelve? At some point does the court run
out of appeal to Yeah, you would think so. And
I almost regret doing this this morning because the media
is portraying this as it's over. It's not, hope, that's
the point. All that's happened is the Justice ministers signed
the extradition order. But get that's what happens next he
gets to appeal that. And how long does the appealal process?

(25:03):
How long is a piece of strength. So we'll get
some expert advice on that. Speaking of the law A
story so weird I almost can't believe it. So we've
got a case in America and this can potentially affect
us here. Wrongful death lawsuit. Forty two year old New
York doctor family claims he had a fatal allergic reaction
after eating at an Irish pub in Disney Springs in October.

(25:25):
So this deals with Disney. They're in Florida court. His
names Jeffrey Piccolough. He had agreed Argues Disney to settle
any lawsuits against Disney out of court through the arbitration
process when he signed up for a one month trial
of Disney Plus.

Speaker 12 (25:44):
So.

Speaker 2 (25:44):
The terms of use Argue Disney, which were provided with
the subscriber agreement include a binding arbitration clause. The first
page of the subscriber agreement states in capital letters that
any dispute between you and us, except for small claims,
is subject to a class action waiver and must be
resolved by individual binding arbitration. Picolow agreed to a similar

(26:07):
arbitration provision when he created an account on Disney's website NAP. So,
if you've signed up to Disney, are you aware that
should you go somewhere like Disneyland and choke on something
and die. You've already signed a waiver by having the
subscription service, his lawyer. Piccolo's lawyer says, perhaps not surprisingly,

(26:27):
it's absurd to believe that more than one hundred and
fifty million subscribers to Disney Plus have waived all rights
to sue the company and its affiliates and perpetuity. The
notion that terms agreed to by a consumer when creating
a Disney Plus free trial account would forever bar that
consumer's right to a jury trial in any dispute with
any Disney affiliate or subsidiary is so outrageously unreasonable and

(26:50):
unfair as to shock the judicial conscience, and this Court
should not enforce such an agreement. On the surface, you
can not help but agree.

Speaker 3 (26:59):
But are you not automatically when you sign up for something,
do you not sort of think I've got a nut allergy.

Speaker 5 (27:04):
Maybe I well, maybe I.

Speaker 2 (27:06):
Just might come back and by instead five minutes away
from seven.

Speaker 1 (27:11):
And the outs. It's the fizz with business fiber take
your business productivity to the next level.

Speaker 7 (27:17):
Yeah.

Speaker 2 (27:18):
Back in the UK and their economy, so they grew
zero point six percent in the second quarter. That's the
second best growth in the G seven, so they followed
zero point seven and Q one, So zero point seven
and zero point six. That looks pretty good, led by
the services sector. Particularly it June, and this is the
interesting part. June was actually flat, so all that growth
came in just a couple of months in the quarter.

(27:39):
The June numbers blamed on a couple of things, the
election and the strikes, so businesses basically delayed their purchases
until after the election. NHS also revealed it almost sixty
two thousand appointments were canceled because of strike action by
the junior doctors. Second half of twenty four isn't looking
as rosy. Economists say the growth is expected to slow.
Taylor's doing their best, But it's a weird thing. Is
it just me that they've made I suppose it's the

(28:00):
modern media and I know what happened the other day
is serious and they canceled three concerts because of it.
But just because you cancel three concerts one do you
suddenly second guess yourself for the rest of your life
the moment she turns up in London, For goodness sake,
you don't think London's faced its fair share of terror
attacks and problems and threats and red flags over the years.
And therefore, if you second guess yourself on every single

(28:23):
act that ever came to Hyde Park, somehow, no one's
ever going to a concert again. Anyway. She's performing, not
literally now, because it's only eight o'clock. When does she
come on nine? She Actually she'd be early, wouldn't she
because of the teenies, the tweenies and all the young ones.
But she's to where is she Wembley? I think it's Wembley,
isn't it. Anyway, after a seven o'clock we'll get into
this Kim dot com thing. Kim rang me once and

(28:47):
I'll never forget the phone call. And he said, and
this was years ago? When was it, Glynn? Would it
be ten years ago?

Speaker 5 (28:53):
Very early on in your yeah stint as the breakfast?

Speaker 2 (28:57):
Well, i've been here sixteen years. I think it's somewhere
between ten and sixteen. But he rang me as I was.
And that's why I drove into the garage door because
I was backing and the phone was ringing. I was
coming home from seven sharp.

Speaker 20 (29:09):
There you go.

Speaker 2 (29:09):
So it's fourteen to seventeen, twenty fourteen to twenty seventeen.
It's coming home from seven sharp and the phone rings
on the car and I go hello. He goes Mike, Mike,
I said what, He goes the Mike at Kim dot com.
Kim dot Com. I said, hello, Kim, how the hell
do you get my number? Anyway, he goes Mike, why

(29:29):
are your sucher hater? Why are you a hater? Mike?
They are wanting to send me to America and put
me in an orange suit. I don't want an orange
thought in America, Mike, why are you a hater?

Speaker 5 (29:42):
At which point I got orange is not flattering.

Speaker 2 (29:44):
No, it's not flattering. And so at this point, I'm
at the top of my drive and I'm backing into
the garage and I've got Kim dot Com yelling at
me on the phone. So I wonder I'm backed into
the garage door. You see everything in context. Anyway, more
on this after the.

Speaker 1 (29:56):
News, setting the news agenda and dig into the issues.
Is the Mic Hosking Breakfast with Bailey's Real Estate. Your
local experts across residential, commercial, and rural news togs had been.

Speaker 2 (30:09):
Seven past seven to the Kim dot Com saga finally
coming to a close or is it twelve years and
lord knows how many millions and lawyers fees and appeals
and headlines. Anyway, the Justice Minister signed this extradition paper.
So what happens now? Barrister Clive elliots with there's Clive
warning to you. Yes, monie, have you followed nice and
closely like I have?

Speaker 21 (30:26):
I've kept an eye on it, but it's been a
moving feast, so yes, I think I know what's happening.

Speaker 2 (30:32):
So as far as the Minister's concerned, there will be
a review or an appeal of something. Do we know
how that works, how long it takes and how long
this is going to drag.

Speaker 21 (30:41):
Out for well, I think a bit a bit shorter
than the previous appeals. What will happen is that now
that the Minister has signed the extradition order, I suspect
that Kim dot Com will seek a review of that decision.
I don't think you can appeal that because it's not
a court decision. It's a minute to ministerial decision. So

(31:02):
it'll be a question of whether it was properly executed.

Speaker 2 (31:06):
Is that part of the argument as to why he
will have taken The minister taken so long to sort
of tie it up in a nice bow so that
when it is inevitably reviewed, it's locked up.

Speaker 21 (31:15):
That's right. And I think the Minister made a statement
to say that he'd carefully considered the matter, which is
going to be the question is whether he had done so.

Speaker 2 (31:23):
And when you say carefully considered the matter, what's to consider?
The Americans want him? You got to kind of hand
him over, don't you.

Speaker 21 (31:31):
Well, basically, I mean he's been through ten years of
appeals and the court has looked at all sorts of angles,
and I think the Minister is entitled to say, well,
he's had his day in court, and we're obliged to
hand him over under our treaty with the US.

Speaker 2 (31:47):
Exactly when you say he's had his day in court,
he's had his weeks, months and years in court. Is
there something profoundly wrong with the judicial process that if
you have enough money and enough lawyers, you can pretty
much put off a day of reckoning for as long
as you want.

Speaker 21 (32:02):
Well, I think that's a that's a valid question. Yes,
I think that's a very valid question. Then, But but
he is entitled to exercise all of his appeal rights,
which he's done, and I think now the basically that
the Minister has to make a decision and he's done.

Speaker 2 (32:20):
So what I find interesting about it, apart from the
fact that's taken so long, is what I mean, you
can't answer this, but why is the why are the
Americans so gripped by this? They cut a deal with
a Sange? Why wouldn't they cut a deal with him?
Because I mean, do they need him that badly?

Speaker 10 (32:34):
Well?

Speaker 21 (32:34):
I think the I think the view that the Justice
Department has taken is that this was this was copyright
infringement on you know, on an industrial scale, and it
was huge according to their estimates exactly.

Speaker 2 (32:50):
And my humble opinion, correct me if I'm wrong. Clive.
What he always claimed was, look, I've got this vehicle
here called mega upload, and what you do on it's
got nothing to do with me, so therefore you can't
ping me. That was the stupid still all arguments, wasn't it.

Speaker 21 (33:02):
Well, yeah, that was his argument because he said, look,
I don't know what you're doing on that facility. Look
a nudge in a wink. I know you, I know
you infringing copyright, but that's your problem, not mine. And
I think the problem was that that mega upload was
notified by the film studios that there was infringing content

(33:25):
on there, so they couldn't use the innocence defence any longer.

Speaker 2 (33:28):
Exactly. It's been an interesting story. The sad thing I
appreciated Clyke Clive Elliott case. The sad thing is this
is only a thing because he chose New Zealand. If
he didn't land in New Zealand, he was in Hong Kong. Remember,
he could have landed anywhere. If he didn't land in
New Zealand, we never would have heard of him. The
judicial process never would have been bogged down with them,
The government never would have been involved with them at all.

(33:49):
Eleven past seven task. But speaking of politics, PMS and Canberra,
of course, two day blitz of Australia. Yesterday it was
infrastructure in New South Wales. Today it's probably the five
O one Political editor Jason Walls up early morning, mate, Yeah,
good morning. Make I'm bored witness by this five O ones.
I mean going going to camberd again. Elbow, elbow, elbow.
I mean he's been hoisted by his own petard. They

(34:11):
had the tremendous issue of all the people getting let
out of jail. He's back down. That's the end of it.
You can ask till you're blue in the face, nothing's changing.
Is that fair?

Speaker 17 (34:21):
I think that's absolutely fair. And to be honest, a
lot of us know that there's not going to be
a lot that will probably change coming out of today's
meaning between Luxeon and Anthony ALBANIZI, but Chris Luxon needs
to appear like.

Speaker 2 (34:33):
He's doing something.

Speaker 17 (34:33):
This is a hot topic for both New Zealand and
Australia for different reasons.

Speaker 2 (34:38):
I mean, the key is we're not.

Speaker 17 (34:39):
Pleased with this policy that Australia have, but Australia think
that it's absolutely fine. And when it comes down to it,
Alba is always going to bow to his domestic pressure
rather than from pressure from little old New Zealand.

Speaker 2 (34:50):
Yeah, exactly. The lower institute speech are much more interested
in how bullish, if that's the right word, was Luxeon
last night on China the problems in the Indo Pacific
and how worried is he and is this sort of
worth thinking about?

Speaker 17 (35:07):
I think that's probably the highlight of the trip, if
I'm honest. I mean it's his first major foreign policy speech,
so there were high expectations, and there was a view
that it might be a complete flop and a clete fizzer.
But Luxon actually did quite a good job about carving
out what he thought his position of New Zealand was
in the world, and talking about a number of other
issues as well. When it came to things in the Pacific,

(35:29):
he was quite as you say, quite bullish about that
and outlining a number of concerns for the region and
the tensional issues, and of course when it came to
China as well, he used some pretty interesting language. He said,
the difference in values and systems of government mean that
there are issues on which we cannot and will not
agree in it as far I think, as he's actually
gone publicly and saying that about that relationship with China,

(35:54):
the things that we cannot and will not agree on.

Speaker 2 (35:56):
Is there's some reported to The Morning's this morning suggesting
he use the Ukraine example and that could happen in
our backyard. Was it that specifical or not?

Speaker 17 (36:08):
Well, it's what his It was in the Q and
a session of the speech at the Loewis Institute, where
that's essentially what he said. He had said something similar
when he was in NATO on the last month as well,
essentially saying that this flash point that we've seen in
Ukraine can basically happen anywhere, including our region in the Pacific.
So it was one of those things that you can

(36:29):
read into it quite strongly and say, well, hang on
a second, what is it that you're actually saying here,
And we pushed them on it in the press conference afterwards,
and he slightly backed down a little bit, moved away
from saying that it was anything is as cold or
as intricate as what is happening in the Europe at
the moment, but it was very clear that he is,

(36:49):
you know, he's worried about some tensions in the Pacific.

Speaker 2 (36:52):
As he should be. Jason go, well, today, I appreciate
it very much. Jason Wiltow run political leader across the Tessman. Well,
he's across the Tessmen, but he's our political leader on
both sides of the Tessman. That's how good he is.
Fourteen minutes past seven, posking, Well, then we got there
are food prices up a smage not bad. I think
we finally got them under control. And what drove it
restaurant meals ready to eat, So if you don't want

(37:14):
to pay more, you don't have to go out, and
don't hate me, Hospo industry. I'm just giving you the
basic fats. But what have we got? Fruit and vegies down,
meat and poultry and fish down, Kumera cheapest chips, lettuce,
cheapest lettuce, potatoes down. Monthly basis, food prices were monthly
zero point four up, but on the quarter down a bit.
So I think finally things have settled down, which is good.

Speaker 5 (37:35):
Fourteen anything on the ridicuo there.

Speaker 2 (37:37):
There's nothing on the ridiculous niche niche product, but if
you can get your hands on some, believe me, it's delicious.
Fourteen Past the Hike, Asking Breakfast Full Show podcast on
iHeartRadio powered by News Talks at b Ethan Blackadder. He
starts as Weekendon Eden Park. Of course we'll talk about
that in the Argentinian game before eight o'clock seventeen past seven.
Speaking of sport, Worders, Lib Golf is headed our way.

(37:59):
Officials have visited the christ Yurch Golf Club, so it's
possible that d chambeau and kept here and Rahm and Co.
Are going to be in the country next year, which
could be exciting golf. New Zealand boss Jeff Latch is
with us on this Jeff Morning, Good morning Mine. Now
you know old Koy with me and go I don't
know anything about her. Are you going to spill the
beans and tell us what's really going on?

Speaker 14 (38:17):
I'll tell you what I know.

Speaker 22 (38:20):
Live Events in Adelaide, which has normally been in April,
has been a huge success. It's really taken off and
it's been massive. They argue that's probably their best event
around the world. They're looking to move that event, we
understand from April to February next year, and so if
they're down here doing that event, there's potential for them

(38:40):
to be events in New Zealand as well, adjacent to
the Australian event. If there was interest in New Zealand
to hold.

Speaker 2 (38:46):
It, fantastic Why did christ Church and christ Church Club
specifically come up?

Speaker 12 (38:50):
Do you know?

Speaker 22 (38:52):
No, I don't know why. It may be because I
think a number of people have approached Live to see
whether or not they would host events in New Zealand,
and I think they have said, yeah, look we're up
for that. But they're not cheap. Yeah, they cost millions
of dollars of you is if you actually want.

Speaker 13 (39:09):
To host an event.

Speaker 2 (39:09):
But they bring in millions of dollars, they.

Speaker 22 (39:12):
Do, they do, and they bring in huge interest and
profile for the sport of golf, and critically, they bring
in a lot of young people. So if you look
at the group of people that actually went along and
watched the golf in Adelaide, it was a really interesting mix.

Speaker 2 (39:27):
So yeah, you would you would be involved Golf New
Zealand would be involved if they were coming or not necessarily,
not necessarily but probably right, So are you expecting to
be involved, Jef? You guys, have you cleared your diary?

Speaker 22 (39:45):
I tell you what I loved to playing with are
their events?

Speaker 2 (39:47):
They look fad Well there you go. So well as
you said here on a Friday morning, the chances of
this happening are reasonably good. Is that fair to say
or not?

Speaker 22 (39:57):
I think they're reasonably slim. It would be fantastic, I
think though, if we did have your whole other world's
best players play in New Zealand, just imagine it. I mean,
it would just be gold, right. But I think it's
a lot of money to actually get the get them out.

Speaker 2 (40:13):
So the design might be there, the money might not
be correct.

Speaker 22 (40:18):
And the context for this though, is that golf is
going off right in New Zealand. The last four years
the number of people in golf club members has actually
grown by thirty four percent. It started and COVID kept
on going and it's still going now. Like our growth
last month was about five point eight percent and eighteen
percent growth for young people playing golf. Lots of young

(40:40):
people are pouring into the game. So yeah, it's fantastic.
At the moment, golf's just going off and it looks
like it's going to continue to great good stuff.

Speaker 2 (40:48):
Well, let's hope we can stitch it together. Jeff preciate it, Jeff,
let's Golf New Zealand CEO, come back and make the
week in the moment.

Speaker 1 (40:53):
Seven the Mike Hosking Breakfast Full Show podcust on a
hard Ready, Oh coward by News Talks It be.

Speaker 2 (41:02):
No if you think about renovating the old kitchen. Interesting
development this year sees a new type of kitchen bench
topping too the market. It's called Imperio, so it's made
of a new layered compound. Imperio offers the texture and
durability of stone without the presence. This is the critical
part without the presence of toxic chemicals like the much
talked about silica so incredibly tough singeproof, scratch proof, crackproof,

(41:23):
moisture proof and heat resistant up to two hundred and
twenty degrees and Imperio is off it exclusively in this
country by the O'Brien Group, now the Abriangroup family owned,
which is good. And they've been fitting out Qwi Kitchen
since nineteen seventy two, which is also good, so they
know what they're doing. They describe Imperio as a surface
for life, ultra durable bench top designed to stand up
to a lifetime abuse and Imperio looks the part as

(41:44):
well because available in a range of designs, provides a
natural quality finish, makes for a stylish seen to piece
in any home. You'll love it and best of all,
it's all highly affordable and that'll fit your budget. So
see for yourself. Here's where you go. You've got it, Imperio,
im Peero, Imperio dot n Z now asking seven twenty

(42:06):
four Time now to mark the week, little piece of
news and current ventrance as popular as a Superman outfit
at Willworth. Rob Scott eight who Rob's a district mayor.
Rob's my hero of the week because Rob has seen
what we see and says we've got too many councils
in this country and his idea is he takes the
four in his area, makes them two go Rob Adrian three.

Speaker 14 (42:25):
I apologize that there were no pictures for some of
these people.

Speaker 2 (42:29):
Adrian is not my hero of the week. He did
what he should have done, of course, but the way
he did it yet again, reminds us that the COVID
experiment and the economic carnage that went with it is
the result of people who could have done a vastly
better job going four. Company cock up of the week.
Not only can't they make claims properly, the spaceship they
sent the two astronauts up to the iss On is

(42:49):
still broken, so they got told this week they're there
till next year. Speaking of space Elon four, we your
reputations already hurting the value of your car company. Interviewing
a mate on your other company platform only for that
not to work either is not a good look. Karmela seven,
Are you ready to get to work with a week
of evidence to this point at least that the switch
out has worked? People are engaged, the polls have closed,

(43:11):
and the momentum is hers new WASS supercomputer six. Well,
from next week they'll be able to forecast Christmas afternoon
for you down to the half second, apparently or not.
Meth an x seven smooth move of the week. Close
your factory, sell your gas to desperate power companies for
more than you sell it for offshore, with not even
a hint of embarrassment. Crime too forty one thousand up

(43:33):
to fifty thousand retail incidents. For all the noise, all
the promises, all the headlines, I'm pretty sure the stats
show it's going the wrong way. Are the Crime committee
set up to reverse the retail crime stats going the wrongs?

Speaker 12 (43:44):
Two?

Speaker 2 (43:45):
Despite the promise the first ideas were just weeks away,
weeks later, they haven't even met Ukraine eight. What they've
achieved this past week or so might might have turned
the war. Are the all Black six They'll win well,
because that's what they do, and more than twenty five
thousand will watch it, I hope, Although I've got a

(44:05):
story on that, and that is the weak copies on
the website, and if you take two hundred and thirty
five of these by the way and compress them tightly.
With the Baylor you have a markweek fire starter and
an easy way to save power and big electricity bills.
OSK Mike, what is Libgolf going to charge christ to
to the host well millions? And why? Because that's what
sport does. You package up a sporting event that's of
interest to people, people bid. The Olympic Game's been doing

(44:27):
it for years, although they've run out of cities now.
Read an interesting article the other day that said, there
aren't many cities left and this is the climate change debate.
There aren't many cities left in the world that are
big enough to host a games while at the same time,
in the middle of summer not be above below thirty
degrees anyway, be that is it? Maybe that's how sportsweek give.
You charge people for the venue, you charge them for
the television, right, all of that sort of stuff. Mike

(44:49):
Kim dot Com to John Key, Why are you threating?
Prime Minister JK to Kim, I'm not. Why are you
turning red? You remember that political debate one of the
great lines of modern politics. Now phoenixing first time. I'm
pretty sure this year I've used that word. But phoenixing
is when you see your company go bust and then

(45:11):
three days later the bloke who was running that company
suddenly phoenixes and starts a whole new company. And you go, well,
hold on, I'm still load money from that old company.
How come this guy gets to start a new one. Well,
they're going to do something about that. More shortly.

Speaker 1 (45:26):
You're trusted Home for News for Entertainment's Opinion and Mike
the Mike asking Breakfast with a Veta, Retirement Communities, Life
your Way, News togsend.

Speaker 2 (45:36):
B Mike, how come Australia can drop their rubbish five
ozho ones on us who have basically lived their whole
life in Australia and we can't kick o mega frauds
are out of the country. It's actually quite a good question, Paul.
The answer is because Kim dot Com has legal rights,
and his legal rights are to be able to hire
as many lawyers as he can afford, to go to
court as many times as he possibly can, and to
appeal everything going, which is what he's done. The New

(45:59):
Zealand er and Australia has remained in New Zealander at
all times. It doesn't matter that they've lived most of
their life there, they never change their citizenship and never
became an Australian, and so therefore, because they're not Australian,
they don't have the same legal rights rights as an
Australian does. Because they're a New Zealander and they're they're
at the behest of the Australian Government who have decided,

(46:20):
rightly or wrongly, that if you are a New Zealander
and you don't live up to our standards, we will
kick you out. Now, we don't like it, but it's
their right to do it, as simple as that. Twenty
two to eight sim and Katie Friday morning doing the
work after eight o'clock mean time. More reform of business
is coming our away. The company's actor is said to
get its FIRS proper update in some thirty years and
phoenixing is going to be addressed. That's when one company

(46:41):
is liquidated and another one begins without all the debt
being paid off. Commerce and Consumer Affairs Minister Andrew Bailey
is with us on this Andrew Morning to you our
good morning mate. The companies act as far as these
things without being too dry about this, as far as
these things go, how complex is it? And how bigger
upheaval is this?

Speaker 23 (46:57):
Well, look, are there's elements that we're simply out of date.
There's about three pages of amendments we're going to make.
But essentially, what we're doing is modernizing elements of it
to make it easier for companies to operate. We're simplifying
it and we're digitizing it. So for instance, why do
you have to send out your end report by post?
Why can't you just put on a website and tell

(47:17):
people where that that is. So that's the first big
chunk of the reforms. The second bit is about this
phoenixing which you've me in talking about. But that what
we want to do is make sure that directors can
protect themselves if they think they've got security issues. So
they don't have to record their private address, but they
do have to have an address where they can be

(47:39):
served to notice or you can fine them. But relate
to that, we're going to give every director an ID
a number because it's often very difficult to track what
directors are doing and what companies are associated with, and
so by giving that, we're giving them a number, we
can do that. You look, for instance, if you look
at John Smith and the office. There's twenty seven pages

(48:01):
of John Smith as directors. And then the third element
of the package is that we're going to do a
fundamental review of the duty and liabilities of directors and
doing that with Paul Goldsmith as a Minister of Justice.
But we're going to start that next year because unfortunately,
over the last many years, increasingly directors duties and liabilities

(48:25):
have been ill defined or less clear than that ought
to and that's what we can do.

Speaker 2 (48:31):
Let me come back to that in mind, because that's
the most interesting part though. The phoenixing thing with the number.
The number seems the most obvious thing in the world.
Why hasn't somebody done it before? Oh?

Speaker 23 (48:41):
Look, I can't understand it.

Speaker 12 (48:45):
I don't know.

Speaker 2 (48:46):
I can't explain because it's also numerous problems, doesn't Yeah.

Speaker 23 (48:50):
Yeah, it's a smart way. And also we're going to
actually pick up some insolvency law changes that would recommend
back in twenty fourteen the previous government National Government did,
so we're also going to do put that in there.
And the issue with it is it's I still about
the John Smith's example before. It's very easy for directors

(49:13):
say I'm John Smith. And then next a time they
put their record their details.

Speaker 10 (49:18):
It might be John R.

Speaker 23 (49:19):
Smith, or it might be John Roberts Smith, or it
might be Jonathan Smith. And therefore that's the easiest way
of stopping this. And you know what's the bit I'm
really worried about, the phoenix thing of the of companies
is that the whole issue is when you have small debts.
Let's say you're doing a bathroom extension. I don't I'm
not getting at the building industry particularly, but let's say

(49:41):
you are doing a bathroom extension. You give a builders
some money and then they don't complete the job and
they move on, set up a new company the next
day and just put twenty twenty four on it. Many
of those claims and never picked up. No one ever
knows about them because people don't have the money to
chase them. So this is so part of the package,
not just the number, but I've also been talking to

(50:02):
insultancy practitioners to make sure that they've got the ability
to record those types of activities and then we can
track them over time, because ultimately we want to get
rid of those poor performing you know, directors and managers
who don't do a good job and do it quite deliberately.

Speaker 2 (50:17):
So no exactly. I know you weren't picking on the
building industry, but it does actually happen quite a bit
in the building industry, and there are plenty of stories
of it. As far as the duties of directors are concerned,
what are you looking to do? Because how many directors
in this country sit on boards or take a board
job and then get pinged for something they didn't have
any idea they were potentially going to get pinged for.

Speaker 23 (50:39):
Yeah, well, there's multiple dimensions to this. The biggest issue.
I think the fundamental issue is would you like to
be a director now? And to be honest, a director
and I probably wouldn't like to, right, And this paid
me a lot of money, and that's wrong. What we
want is people to be able to think that they
quite happy to be a director. Obviously, we don't want

(51:02):
to cut away from the obligation that you can't act
recklessly or nectiately all that sort of stuff, right that
we're not cutting away that. But the issue now we've
got is that some court cases have come down with
Mainsie was one, but the other big area. Government has
been very good at piercing the corporate veil using a

(51:23):
technical term where directors are now personally liable for things.
So I'll give you an example climate related disclosures. We've
got a brand new regime in New Zealand. No one
knows only it's world famous in New Zealand. But directors
are personally liable for the reports. Even though it's just
coming into play now for a lot of lists of
company people. That's kind of an obligations, a personal liability

(51:46):
if they get the report wrong. We've got other liabilities
that have been put through into a piece of legislation
that now make directors personally liable now. Ultimately, the whole
thing about company's law, which set up in sixteen seven century,
was about allowing people to take reasonable risks with but
not extreme risks, And what we've done now is made

(52:07):
it very blurred. And ultimately, you know, experienced directors should
and we should be encouraging them to be helping startups
taking risks at that point. Many people wouldn't want to
do it now because of this, and that's so we'stic.
We want to grow the economy and have the money
to build schools and hospitals and all that sort of stuff.

Speaker 12 (52:25):
We need.

Speaker 23 (52:25):
Successful economy and we need to support our business and
our company's be able to do that and right now
it's a bit of a barrier.

Speaker 2 (52:33):
Very well said, Andrew. Have a good weekend. Appreciate your
times always, Andrew Bailey, Commas and Consumer Affairs Minister. I
think I'm not being unfair and suggesting that might be
another bloke who's across as brief as well. Sixteen two
cool the.

Speaker 1 (52:44):
Mike Hosking Breakfast Full Show podcast on iHeartRadio powered by
News Talks.

Speaker 2 (52:49):
That'd be Mike. If we're having any criminals in jail
that are Australians, we should dump them on their doorstep. Well,
we do have one fairly high profile one, but we
choose not to, which is one of the weird bits
about it. So we can, but we don't. Let me ask.
Get a quick question about the disability announcement that was
made yesterday. A Ministry of Disabilities is going to be

(53:11):
folded into MSD. Right, First of all, the number that
there are one million disabled people in this country blew
my mind. There's only five million of us, so one
in five twenty percent allegedly are disabled. What the hell happened?

Speaker 10 (53:28):
Two?

Speaker 2 (53:29):
Did you or did you not feel exceedingly sorry. If
you saw the press conference with Louise Upston and the
woman who is leading currently but presumably not for much longer,
the ministry that is being folded into the other ministry,
she looked sick and I felt bad for her, not
that it's her fault. Now that's life. You take the job,
you take the consequences. And three, here's my real question
out of this. Do you care that a ministry is

(53:52):
being folded into a ministry? Because the media went nuts
on this yesterday and I cannot, for the life of
me understand why. Because within the disability community there seem
to be tremendous upset. And that's the part I don't understand.
If you are in the receipt of some form of
state assistance, whether it's superannuation or an unemployment benefit or
a disability assistance or what they built you a ramp

(54:13):
or a special handle or something like that, what does
it matter what the ministry is that did it. So
one day it's Fai Karha, the next day it's MSD.
Who cares? When did you start worrying about what department?
And it wasn't about the money, It wasn't about the budget.
There's no question that services being slash left right and
sent that that would be I get that, But it

(54:35):
was about this one ministry that was being for efficiency's sake,
because the report came back and said essentially they were
useless and they didn't do anything properly.

Speaker 5 (54:43):
They didn't even pay it, blew the budget the five
minutes of getting it.

Speaker 2 (54:46):
It didn't even do their job properly. So they're useless.
We need to close them down and do it better.
So it's not about the it's not about the money,
and you're not going to get your support. It's just
the support will come from a different ministry. Why on
earth would you have time to be exercised about something
like that If I've missed something and I don't understand
the disability sector and I probably should have, given it's
obviously so large, let me know, turn away from.

Speaker 1 (55:10):
It for the mic Hosking Breakfast with a Vita Retirement
Communities News togs.

Speaker 2 (55:16):
Had been a seven away from it to another crack
for the All Blacks Tomorrow night. Of course, pressure on
given last week and the Robertson Egras first loss. First
time we played the Argentinians in Auckland since twenty eleven
World Cup quarter final. I got the old Eden Park
Fortress record there to consider. I suppose as well. Anyway,
Ethan Blackhead as part of it, and he's with us, Ethan.
Morning to you, morning Mike.

Speaker 14 (55:36):
How are you mate?

Speaker 2 (55:36):
Very well? Indeed, thank you. How's the week gone for you?

Speaker 14 (55:40):
That's been good? Yeah, really good so far. We yeah,
just had a good honest review on Monday and yeah,
picked up up and yeah we're just cracked on. Got
a bit of excitement around a Saturday when.

Speaker 2 (55:54):
You guys lose and I worry about this. Everyone picks
on the All Blacks? Is it not for into at
least for a while. Anyway, give the Argentinian some credit.
They seem to have stepped up. They seem like a
better side than they once were. Is that fair?

Speaker 4 (56:09):
Yeah?

Speaker 2 (56:10):
Yeah they are.

Speaker 14 (56:10):
They're quality side. And but you don't remember they made
the semi final of the Rugby World Cup last year,
so yeah, they have no quality football side. So yeah,
but to both like, yeah, we take a loss pretty hard.

Speaker 2 (56:25):
Are you feeling the pressure? Because the general consensus around
the place is that what happens when the All Blacks
lose is then when you get to the second test,
you'll kill them.

Speaker 14 (56:36):
Yeah, no, that be false identity, I think, but no, like, yeah,
we yeah, we don't perform the way we want to
do on the weekends or last weekend that is. But yeah,
we've put all that aside. Now we're actually really excited
for Saturday because it's an opportunity to turn it around.

Speaker 2 (56:56):
Good talk to me about Razor. Given you've got experience
with them pro the All Blacks, what do you think
he's brought to the All Blacks? And what do you
think the differences he's making.

Speaker 14 (57:06):
Yeah, he's been really good so far. He just brings
a fresh sort of a lot of fresh ideas. He's
a very energetic man. And yeah, the boys just the
boys enjoyed playing for him. And yeah, it's been really good.

Speaker 2 (57:24):
Good. Depending on whether you believe the forecast, it could
be a bit wet. Does that bother you?

Speaker 14 (57:29):
Yeah? I had a look at the forecast last night
and looks to the heavy rain at that time of
the night. So we we've sort of talked about it
already and prepare for it dry or wet. So we've
got plans in place.

Speaker 2 (57:44):
Good stuff. Have you ever heard of James Kerr's book
that looks at the lessons of leadership for the All Blacks.
Have you ever heard of that or not?

Speaker 14 (57:53):
I have heard of the bock Yes, yeah.

Speaker 2 (57:55):
So I'm read this fascinating story. Ivan Cleary you know, sorry,
Nathan Cleary, you know Nathan? Yes, yeah, he wins the
other night, he leads the comeback for his side. Everyone
on the team is on the bus except for Nathan,
who's in the locker room cleaning the locker room out.
And he gets that from the book, sweeping the sheds

(58:17):
doing it properly so no one else has to because
no one looks after the All Blacks. The All Blacks
look after themselves. I'd never heard that before, so that's
my ignorance. But that's brilliant. Do you guys subscribe to that?

Speaker 14 (58:30):
Yeah, yeah, yeah, definitely. There's always always boys and the
sheds after the game doing exactly that. And yeah, that
quote sort of speaks for uself.

Speaker 2 (58:41):
All right, go well this weekend, mate, and best of
your dad and all that sort of stuff. Ethan Blackadder
flanker All Blacks. Am I like ignorant that I haven't
heard from that. Has everyone heard that or not? The book?
I didn't know, but sweeping the shed. So Nathan Cleary
just to be clear as an explain.

Speaker 5 (58:56):
It him because now it's ruined Appari the other night.

Speaker 2 (59:01):
But I don't think he did it in the shed.
But he's literally cleaning the shed, strapping tape, drink bottles,
other detritus strewn across the floor. The star of the
show is cleaning the shed because he has never forgotten
sweeping the sheds doing it properly, so no one else
has to because no one looks after the all Blacks.
The all Blacks look after themselves. Words to live by,

(59:24):
and that, Glenn, is why I vacuum the studio every bloody.

Speaker 5 (59:28):
Morning, talk about detritus exactly.

Speaker 2 (59:30):
Every morning for the last sixteen years, because no one
looks after the hosk. Is that the same or my
paraphrasing too much? The news for you?

Speaker 1 (59:40):
Next, the newsmakers and the personalities, the big names talk
to Mike Costing breakfast with the range Rover bla designed
to intrigue and use tonks'd b.

Speaker 2 (01:00:09):
Jack White didn't get where he is without a keen
sense of fever and self promotion. Where have you heard that?
Before July nineteen, anyone who made a purchase at one
of his third man's store. So he's got these stores
in Detroit, Nationale and London would find in their bags
a mysterious LP in a plain white sleeve and with
the white label simply stamped no Name. So the album

(01:00:31):
is called No Name. It's by Jack White. Thirteen tough
guitar based songs with an abundance of swagger and a
kick that melds the punky minimalism of the white stripes.
Does it sound thick sounding? Is it thick sounding?

Speaker 5 (01:00:44):
Delivererate?

Speaker 15 (01:00:45):
Is that what they do?

Speaker 2 (01:00:45):
Is that they're doing it now or some month?

Speaker 1 (01:00:49):
Thirteen tracks, forty three minutes a week in review with
two degrees, bringing smart business solutions to the table.

Speaker 2 (01:00:57):
Good that is in the retail. Tim Wilsons, His life
pays the morning to you both, good guys. The first
do you know? Two retail questions for you Kde giving
you our retail expert. Question number one, did you know
that Jack White had shops? I did not know that, Okay,
so no use with the follow up question what is

(01:01:18):
he selling them? So that won't get answered too?

Speaker 14 (01:01:20):
Can we do a pollock?

Speaker 20 (01:01:21):
Can we do a follow Did you know who Jack
White was?

Speaker 23 (01:01:25):
Oh?

Speaker 2 (01:01:25):
Everyone knows who Jack White was. Don't care.

Speaker 24 (01:01:27):
I would say boom, I'd say something shoes, sneakers or baseball.

Speaker 13 (01:01:31):
Hats, something like that.

Speaker 2 (01:01:32):
Okay, send me look it up and tell us what
he sells in the shops. Question number two, Kady, was
that you were telling me about pringles the other day.
Were you saying, and I haven't put this on the
program in case I got sued, did you say that
pringles are not called chips because they're not chips, and
they're not chips because they don't have any potatoes in them?
Is that right?

Speaker 12 (01:01:47):
Correct? Right? Correct?

Speaker 2 (01:01:49):
And did you also go on to say that they
don't have a single natural ingredient in them at all?
Or have I made that up?

Speaker 12 (01:01:54):
Much? Pretty much all chemicals?

Speaker 2 (01:01:57):
So that's the thing that doesn't exist. Stop, shut the
dog up. That's the thing that doesn't exist until you
get in the lab and make it and put it
in a tube and call it something and people buy
it and they.

Speaker 24 (01:02:13):
Think what they do originally, I think what they do
is dry it out, so they would claim it had
something like dried potato flakes in it, and then they.

Speaker 12 (01:02:25):
Just add a whole bunch of like horrific.

Speaker 24 (01:02:28):
Oils and acids and starches and salts and flavoring.

Speaker 2 (01:02:34):
Wow, and the mass family came along and paid eighty
ninety one hundred billion dollars for that.

Speaker 12 (01:02:42):
Sorry, I'm trying to wrestle the dog.

Speaker 20 (01:02:44):
Why why do we talk about what's going now? What's
going on with the sink? Have you guys resolved the sink?
Do we have to do a marriage counseling session?

Speaker 2 (01:02:54):
Very good question, A very good question. Let me let
me you can to can you want?

Speaker 14 (01:03:00):
Well, here's the deal.

Speaker 20 (01:03:01):
I know that the sinks. The sink's discolored. You might
want a new sink. But isn't the KPI of a
sink to be dirty. They're supposed to be discolored. It's
a sink. No, it's meeting it.

Speaker 2 (01:03:09):
No, no, no, no, I don't know where you get
that idea from that you have a sink that's dirty.
Why would you have that? So some product derived Katie
yesterday run with the story from there.

Speaker 24 (01:03:22):
To clean the sink, the first of many sink cleaning
products that I'm trying.

Speaker 12 (01:03:26):
Well, you see, here's the problem with the sink. This
is a really boring story. So I don't know why
we're talking about it on radio.

Speaker 24 (01:03:31):
But anyway, it's boring at home, far less even more
boring for your listeners.

Speaker 12 (01:03:35):
But we have a sink, some kind of granite or something.

Speaker 24 (01:03:40):
The surface of it is rough and it's not you know,
not rough rough, but rough as and it's not like
a smooth, porcelain, shiny, normal sink.

Speaker 12 (01:03:49):
What did you say, Matt, Yeah, matte.

Speaker 24 (01:03:52):
It's like a matte finish, and it's just a nightmare
because everything that goes down it just grabs onto and
then the sink gets you know, it just looks anyway.

Speaker 20 (01:04:02):
Gets caught in the mat That's exactly.

Speaker 12 (01:04:07):
I don't think it's it's not as bad as food
matter coughding it.

Speaker 24 (01:04:09):
It's more or less like staining anyway onwards.

Speaker 2 (01:04:14):
So have you tried anything and does it work?

Speaker 24 (01:04:17):
I haven't tried it yet because people have been making
breakfast and using.

Speaker 12 (01:04:20):
The kitchen, so it has to be done like you
have to leave it for a period of time. So
I have to do it when no one's using the kitchen.

Speaker 2 (01:04:24):
Okay, Tim tease bombers jackets and hoodies and some sneakers,
is the answer to the question, Jack, what yet? You
were right?

Speaker 1 (01:04:30):
Okay?

Speaker 20 (01:04:32):
But this this would be for middle aged people who
are still trying to pretend they're young, aren't They wouldn't it?

Speaker 2 (01:04:38):
Oh you mean the clothing. I thought you're talking about
dooty sinks. I thought, oh, we got to do this sometime.
We're just middle aged and believe it. No, So, no,
the clothing. It probably it's probably got a bit of
that that retro boomer thing about it. Yeah, your fair point.

Speaker 20 (01:04:48):
Yeah, I think so.

Speaker 2 (01:04:49):
I think that it's carpetal garaged him. That was the
story of the week. I don't care what anybody says.
Carpet in the garage was the story of the week.
Your situations, Well, we don't have a garage.

Speaker 20 (01:05:01):
And if it's got carpet in it, so if it's
got carpet and it's not a garage, sorry, it's a
storage room, okay, you know. And you know what, here's
the thing about garages. They are the graveyard of unmade decisions.
So stuff just piles up in garages. People never never
declutter their garage, so when they go to move, it's
a nightmare.

Speaker 2 (01:05:21):
It's a very well put line, it is, isn't it.
The reason that something's in a garage is because I
might need that that's what you said, doesn't it. I
might need that because in the garage.

Speaker 20 (01:05:33):
Yeah, we could use that maybe in two to three years.
Or there was one time eighteen months ago that I
needed that thing. So I'll just keep it here.

Speaker 2 (01:05:41):
Let me ask you this question, because this is a
question Kadie and I are asking a lot apart from
shall we stay married?

Speaker 13 (01:05:46):
The question stay married?

Speaker 2 (01:05:48):
Stay married a question we're asking ourselves.

Speaker 20 (01:05:51):
I think I think it's flint. It's a flint and
steel situation with you two. You two, you're sharpening each other.

Speaker 2 (01:05:58):
Do we throw this out? And Katie will go no,
because one of the kids might need it when they
get their first house or move into their next flat
or whatever. Is that so it's not reasonable?

Speaker 20 (01:06:11):
Well, well, what's the thing though?

Speaker 13 (01:06:13):
Sofa?

Speaker 1 (01:06:14):
Thing, so desk, a sofa, storage, old kitchen.

Speaker 12 (01:06:20):
He would try.

Speaker 20 (01:06:22):
Facebook market forty bucks. Someone will come and take it
away from.

Speaker 14 (01:06:25):
It for you.

Speaker 2 (01:06:26):
But what about the kids?

Speaker 20 (01:06:28):
They should buy their own dang sofa?

Speaker 5 (01:06:31):
Come on, have you considered taking it down to your
local theater?

Speaker 2 (01:06:35):
What the sink?

Speaker 5 (01:06:36):
Well, no, the sofa because domestic manager.

Speaker 2 (01:06:39):
Or really, so the local theater needs a sofa.

Speaker 3 (01:06:41):
She's directing a play at the moment, and oh she
needs a sofa. Well she had the sofa, but do
you think that she could find any armchairs that would
match it.

Speaker 2 (01:06:49):
Well, you're gonna have.

Speaker 20 (01:06:50):
A matching, you know, if they're directing, if they're directing
a play. There was something he'd some bloke on the
radio doing a Kim dot Com personation that sounded like
Kim dot com Pakistani.

Speaker 12 (01:06:59):
They should put him in the absolute gold.

Speaker 24 (01:07:03):
And I've got to replay it because I feel sad
for the people before seven Hoo missed out on here.

Speaker 2 (01:07:07):
All right, well there are there before seven. He missed out, Katie,
because unlike you, most people listen from six to nine.
But what we'll do is we'll play it after the break.
Fourteen past eight.

Speaker 1 (01:07:16):
The Mic Hosking Breakfast Full Show podcast on iHeart Radio,
Call it by News Talk.

Speaker 2 (01:07:21):
Hipp News Talks. Seventeen past eight.

Speaker 1 (01:07:24):
The Weekend Review with two degrees Fighting for Fear for
Kiwi Business.

Speaker 2 (01:07:29):
He goes Mike, Mike, I said what, He goes the
mic at Kim dot Com Kim dot Com, and I said, hello, Kim,
how how the hell do you get my number? Anyway,
he goes, Mike, why are your Thaucher hater. Why are
you a hatar, Mike? They are one thing to send
me to America and put me in an orange suit.

Speaker 12 (01:07:53):
I remember that you were so agreed.

Speaker 2 (01:07:56):
I still haven't got to It's somebody at seven sharp
who gave my number to Kim dot.

Speaker 12 (01:08:01):
Com unforgivable, and we were all about that at TV
and C. We were not allowed to give out people's
personal cell phone. So that person just obviously breached the.

Speaker 2 (01:08:09):
Rules exactly.

Speaker 11 (01:08:12):
And I.

Speaker 20 (01:08:15):
Did he did he hack it? Did he hack it off?

Speaker 2 (01:08:19):
So Katie for you Chemico A couple of recommendations on Chemo.

Speaker 24 (01:08:23):
Yeah, but it's not a stain as steel sink. I
think people might be misunderstanding. It is a white ceramic,
like a marble, like a quartz type white matte finish.

Speaker 12 (01:08:33):
It's not a regular sink.

Speaker 2 (01:08:35):
Somebody.

Speaker 12 (01:08:39):
You can't put any bleach on them at all. They're very,
very delicate.

Speaker 24 (01:08:41):
They only take a specific whitening product that comes out
of like Holland or something ridiculous.

Speaker 12 (01:08:46):
So hence why at the start of the week I
was like, right, rip the whole sink out, let's start again.
Get a new sink.

Speaker 24 (01:08:51):
But that involves cutting into beaches and bench stops and
marble and.

Speaker 12 (01:08:56):
Expensive.

Speaker 20 (01:08:58):
I'm sugges some unlettered nine. You won in a match,
just a little bit, you know, just a woman, a
bit of carbon on top of.

Speaker 2 (01:09:05):
It, reviews on you Katie? So far is Katie grumpy?
And she sounds flat to day?

Speaker 24 (01:09:12):
I was, why don't you share with the group why
I might be a little bit tired. I went out
on a school night last night. Actually, this is a
very good bouquet for Open City, and I've been tough
on them because I see it here at the CBD,
and I've been very vociferous of my criticism of them.
But I was out last night. The first thing I
saw at Vulcan Lane off High Street two. They weren't cops,
but they looked like cops. They had all the high

(01:09:34):
verse and the hats and the gear and the vests
and the torches and whatever. They've hired security guards. Fantastic,
good presence in the city. And I was at Cassette nine,
a nightclub with a gig for kids. No I was,
I was chaperoning some under eighteens at a gig.

Speaker 12 (01:09:49):
Anyway, it was.

Speaker 2 (01:09:50):
Fantastic, illegally at a nightclub, lightclubs and when I when
I golub very good question.

Speaker 24 (01:09:59):
Tim, one of my my sons texted me and said,
oh my god, Mom, were you at Cassette nine. Were
you in town on a Thursday night? That's you know
the gangs are there? And I was like, no, I
did not see a single gang member.

Speaker 12 (01:10:08):
It was really good.

Speaker 24 (01:10:09):
But actually, what's funny is I was taking my daughter
and so she had her ID and I didn't take mine.

Speaker 12 (01:10:15):
And she said in the uber, do you have your ID? Mom?
And I said, sweetheart, I'm fifty. No one's asking me
for ID.

Speaker 10 (01:10:21):
I'm old.

Speaker 12 (01:10:22):
And when I got there, they were like, where's your ID?

Speaker 24 (01:10:24):
And I said, and we cracked up about it, and
they were like, no, we need to prove that you
are her mother, that you related. So I had to
get up my credit card and show them my last
name and prove that we were indeed family members.

Speaker 2 (01:10:34):
So you can get an underage you're in It's like
drinking wine in a restaurant. So the rules if they're underage,
but you're a parent, and you say I'm a parent,
I'm taking them and you can.

Speaker 13 (01:10:43):
Is that the rule?

Speaker 24 (01:10:44):
And yeah, And she had to wear a wristband to
show the so the bar and you not to serve
her alcohol.

Speaker 12 (01:10:49):
But I don't know that this wasn't just for a
specific This.

Speaker 24 (01:10:52):
Was an open This was an event for bands. It
was like a special night, So I don't know if
that's different.

Speaker 12 (01:10:57):
Toolgon and you.

Speaker 20 (01:10:58):
Hit the floor, Caddie down a few moves in front.

Speaker 12 (01:11:01):
Of the kiddy in the marsh pit and the marsh part.

Speaker 2 (01:11:04):
That's fantastic, good one. And you got home at a
reasonable hour. Normally you get home between three thirty and
four and I've already gone to work, but this morning
you were home at about one thirty quarter to two,
so that was not bad day.

Speaker 12 (01:11:16):
Yeah, And that was a good night.

Speaker 24 (01:11:16):
And I thought I've been very down on Auckland and
I was worried about going in, but I actually I
felt safe.

Speaker 12 (01:11:21):
So that was that was a tune up for the books.

Speaker 2 (01:11:23):
Mind you, most people wouldn't take you on, and that's try.

Speaker 12 (01:11:27):
I look menacing.

Speaker 2 (01:11:28):
You had some you had some stilettos and a lot
of leather.

Speaker 20 (01:11:34):
Lot better with the gangs in town.

Speaker 2 (01:11:36):
Exactly nice to see you guys. You have a good
weekend and we're not going to give the theater just
for the people who texted from Openaki and the Everybody's Theater.
We're not giving our couch to the Opinaki theater, are we? Caddy?

Speaker 12 (01:11:46):
No? No, we probably can't get it to Openaki, can we?

Speaker 20 (01:11:49):
Well, we could both about the Kim dot com and personation.

Speaker 21 (01:11:54):
Give them that.

Speaker 2 (01:11:56):
It's a nice to see you guys. It's a twenty one.

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got a new kitchen with a white sink. Try to
dissolve a dishwasher table too, or a couple of scoops

(01:13:06):
of dishwasher powder in the sink hot water overnight white. Perfect.
That's actually bridget. Not a bad idea, Mike left Field,
Wait and forget, probably not the silliest idea of ever thought.
Let it go, Mike. If you need your marble bench
tops cutting to fit a new sink, give me a car.
That's that's just going now you're.

Speaker 3 (01:13:25):
Talking, because what's clear to me is that this sink
is made out of the opposite.

Speaker 14 (01:13:31):
Of what a sink.

Speaker 3 (01:13:33):
You've nailed it, so you want to just get yourself
a nice, normal stainless steel.

Speaker 2 (01:13:38):
One in the air. Couldn't agree more, couldn't get a
hold of that. Guy thought we were called, or woman
we were called I thought we thought we were cutting edge.

Speaker 12 (01:13:45):
It was.

Speaker 2 (01:13:46):
It was in the kitchen. Designer said, oh this is
the thing to have, she said, and.

Speaker 5 (01:13:51):
We people get they get carried away.

Speaker 3 (01:13:53):
It's like with light fittings. It's like you got to
get the bold that fits the light fitting and it's yeah,
we don't have those any.

Speaker 2 (01:14:01):
Don't talk to me. It's like you're standing in my
lounge at the moment and it's just a PTSD ing me.
It's like, this is why I come to work. It's
like a relief from the carnage at home. We got
all sorts of interesting things going on in Australia. This
is this Palestinian visa thing they've got going over there.
That's a massive bust up in the house yesterday. We've
got the Union still going on. There's been a kerfuffle

(01:14:22):
over the Liberals at council level at a cockup of
gargantuan proportions. And that's before we get to Latrell. What
was it's Mitchell. All of this with Murray Old's after
the news, which is next here on the Myke Hosking.

Speaker 1 (01:14:36):
Breakfast, The Breakfast Show you can trust The Mic Hosking
Breakfast with Bailey's Real Estate, your local experts across residential,
commercial and rural news togs Ed B.

Speaker 2 (01:14:51):
M Way Home say eight, all fabric bleach. Why would
you put fabric bleach on a sink?

Speaker 5 (01:15:02):
Well, because it's nWay and they've got to meet a quota.

Speaker 14 (01:15:04):
I think.

Speaker 2 (01:15:08):
I'm glad you've had a poor Weeklan, You've saved yourself there.
Absolutely brilliant congratulator. Twenty three minutes away from.

Speaker 15 (01:15:13):
Nine International correspondence with ends in eye insurance, peace of
mind for New Zealand business.

Speaker 2 (01:15:19):
Right, let's cross the Tasman murray Els as well. This morning, mate,
Good Michael, good morning this. I was watching the Australian
Parliament and you immediately say to yourself, is this guy
for real? What sort of blues racing? But yes, there
I was this Palestinian thing, a two part question. I
can't that the ASO guy who says you can come
into Australia and go now, now, hummus, how are you feeling?

(01:15:40):
And you go, well, look, you know I quite like them.
I don't give them any money, but they're not bad.
And then they say, welcome to Australia. How does that work?

Speaker 19 (01:15:49):
Yeah, good question. Mike Vergess is the boss of ASIO.
ASIO is the domestic spy agency that we run over
here in Australia, and Vergess sit on the weekend. It's execuate,
he said on its own. You know, theoretical support for
that dreadful organization responsible for October seven would not necessarily
stop you becoming a welcome visitor to Australia on whatever

(01:16:10):
sort of visa you can wrangle. So that does beg
the question what on earth is he talking about? And
that's one of the reasons why the coalition has set
Hang on a second, you're waving too many people through.
Peter Dutton is saying that you've got a cue of
being a racist. Yesterday that remark had to be withdrawn.
But it's a mess, and hey, you resolve this particular

(01:16:30):
angle from Vergers.

Speaker 2 (01:16:31):
I don't know exactly. So where does this go. Is
Labor hell bent on getting a visa up and getting
Palestinians in or is it one of those things that
they could probably let slide.

Speaker 19 (01:16:41):
Well, here's the thing. Since the war began last October.
There have been more than ten thousand applicants from Palestinians.
They don't have passports. They travel on documents that are
issued by the irrelevant authority there in the occupied territories
Palestinian passport, let's call them that. So there have been

(01:17:01):
ten thousand people with the relevant documents. Only three thousand
visitor visas have been issued. Seven thousand have been turned
down for the reasons you imagine would be some kind
of support for Hamas. And the fact of the matter
is most of the people have been approved can't get
out anyway because the war is ongoing. And the ones
who have come here they're kids, they're mums with their children.

(01:17:22):
There are you know, I don't know for a fact
they are no.

Speaker 2 (01:17:25):
But terrorists there.

Speaker 19 (01:17:26):
But nobody does because I mean, look, the point Dutton
is making it has a resonance across the country.

Speaker 2 (01:17:31):
Who a you're letting in? You know later the point
is murray and I think he's probably made it. You don't.
You don't want to let five hundred and the one
that you let him, that's a mistake because the mistake
is going to be catastrophic. And that's the real issue.
Isn't it.

Speaker 19 (01:17:44):
That's the issue, and he's making perdical hayar that big
time exactly Now, the Liberal I wouldn't normally raise this,
but I'm interested to hear that you think it's a
big deal.

Speaker 2 (01:17:53):
So in New South Wales the council boats coming up
and the Liberals have cocked this up in a gargantuan fash.
My goodness, how I mean that they haven't got the
candidates up. There are people that aren't even on the
ticket for various councils and stuff. How have they balls
this up so badly?

Speaker 12 (01:18:09):
Well?

Speaker 19 (01:18:10):
Look, part of it's a faction fight the Liberal Party,
I mean was it. Malcolm Terbull famously and when he
was Prime Minister famously got in to Parliament said there
are no factions in the Liberal Party. Hello, he said
it was all about labor. Of course, there are factions
in every political party. And this looks like a colossal
stuff up because of a factional fight. And you say
doesn't matter. I mean, isn't local government about rates, roads

(01:18:32):
and rubbish? Yes it is, but local government does. It
is a part of the Petrie dish of politics where
the best ones tend to rise up and go to
state level or even onto federal level politics. And what
you've got here in less than a month, You've got
local government elections right across New South Wales and the
failure to lodge relevant nomination forms means there are forty

(01:18:54):
eight sitting councilors who haven't got a seat next month,
one hundred and forty candidates and more than a dozen
local government areas. And what that means for the next
four years you'll have no Liberal voice at local government
level because all the seats are going to be filled
by labor people or by independence who get up and
beat the Labour people who got their hands out because
there's no Liberal candidate. It's a disaster.

Speaker 2 (01:19:15):
It looks terrible.

Speaker 19 (01:19:16):
And the guy he's supposed to lick the relevant stamp
and put it on the envelope and get it in
the letterbox, he had his backside kicked last night and
he's been sacked.

Speaker 2 (01:19:25):
Well surprised. Explain to me how this works. So the CFMU,
which is the scandal we've talked about several times. The
Greens don't want to ask answer questions about whether they
have ever got money from those unions. Labour's looking to
pass the law that says they can put these unions
into administration. The unions are busy at court trying to
prevent that happening. I would have thought the coalitions would
have wanted to rain down on the unions as much

(01:19:47):
as they possibly can. But into MICHAELA. Cash who says
we need to need a review.

Speaker 19 (01:19:51):
Why she done that because the Coalition wants to keep
this idea that labor is beholden to one of the
most thuggish U unions in the country. It's in the polity,
it's in the coalition's own interest to keep this in
the headlines. They don't want some sort of you know,
an administrator appointed and then the matter goes away. They

(01:20:12):
want to keep it in the headlines.

Speaker 5 (01:20:13):
So here's the thing.

Speaker 19 (01:20:14):
The Coalition says, we like the idea of the bill
to punish an absolute swine of a union where bikis
and criminal people are infiltrating and getting well paid jobs
and you know the poor old builder who you know,
the developer has to come up with cash otherwise there's
no industrial peace on his building side. That's been the
way that this unions operated. But the Coalition says, we're

(01:20:35):
not going to support this bill until the administrator is
given a minimum of three years to clean up this
union until Labor agrees to ban political donations. And they
also want the administrator to come back every three months
and report how he or she is going. So by
doing that, the coalition would guarantee more headlines, damaging headlines

(01:20:58):
for the union and you know, by inference, damaging headlines
for the Labor government as well, because don't make no mistake,
they are joined at the hip, have been for a
long long time.

Speaker 2 (01:21:08):
That's the truth. Rex. How much more money is REX
getting from the government. I mean, is this a time
limited you know, you can just protect your tickers or
go on forever.

Speaker 19 (01:21:16):
We've seen this movie before. This is a big country,
and the big airlines, your quantuses, virgins and so on.
They don't want to fly small regional routes because there's
not enough money in them. So you have airlines like Rex,
you have airlines like Bonza and all the other little
small players who have come and gone because the margins
are so skinny. Rex has only succeeded because it's got

(01:21:38):
a billionaire up in Singapore. He's been funding it. So
the small players get smacked and they have to fold
and all of a sudden, the regional people have got
no air links, and you need airlenks for people with
cancer treatment, people coming down to have babies, and all
sorts of things. You need that regional solidity of having

(01:22:00):
that air League available if you need it now. The
extent to which the federal government's prepared to prop that up,
we don't know, but certainly the government at this stage
is guaranteed passengers refunds if tickets are canceled. Rex is
still flying, The administrators still looking at it, and the
administrator comes back next month, and you'll probably come back
with his handout saying we need a lot more money please,

(01:22:20):
Federal government.

Speaker 2 (01:22:21):
Okay, Ma, go well, you have a good weekend. Always
a pleaser, chairs, Mike, thank you. Murray holds across the townsman.
Just before we leave that part of the world. Four
point two percent, that's the unemployment rate came up yesterday.
Fifty eight thousand Australians found work better than they thought.
Participation rate up good, best unemployment rates in WA because
they dig stuff out of the ground three point seven
percent of their economies. I'm sure Murray would tell you otherwise.

(01:22:43):
But their economy is going okay. Eight forty five.

Speaker 1 (01:22:47):
The Mike Asking Breakfast Full Show podcast on iHeartRadio, Howard
By News talks that'd be well.

Speaker 2 (01:22:53):
We find ourselves at twelve minutes away from nine and
Donald Trump is outside as golf course at Bedminster in
New Jersey, and he has with him to his left
a collection of groceries piled up, and he's come to
talk to us today about the economy and inflation and
the price of biscuits.

Speaker 25 (01:23:11):
The course of a typical monthly mortgage has doubled since
I left office, and that number was about three months
old from government, and now it's tripled. We had mortgage
rates at around two percent, close to two percent, and
they're now at ten percent, and you can't get a mortgage,
so that means it's a.

Speaker 2 (01:23:30):
Lot higher than ten percent.

Speaker 25 (01:23:31):
I guess it is whatever whatever they want to give
over the money, and that's a lot more than ten percent.
So when you think about double, they've actually quadrupled or
more than that, think of that quadrupled.

Speaker 2 (01:23:44):
See he's lost the plot, isn't he. I mean, even
when you followed Trump as closely as we have on
this program and a lot of the time, although on
the surface it doesn't necessarily make immediate sense. You can
kind of get what he's saying, whereas now you can't
even get what he's saying, because.

Speaker 5 (01:24:02):
Well, he thinks that he can just say anything.

Speaker 2 (01:24:05):
But he used to think that, But you could if
you sat down and thought, oh, even though I don't
like him all that much, I get what he's trying
to get across. That literally makes no sense whatsoever to anybody.
Speaking of people like Elon Musk his starlink, I'm reading
with a great deal of interest. We love it, and

(01:24:26):
no one's better educated in this area than I am,
because I love it. It's the only thing he's ever
done that I like as cars a crap. The hole
in the ground he was building between Las Vegas and
Los Angeles, it never happened.

Speaker 1 (01:24:38):
That was bollocks.

Speaker 2 (01:24:40):
His rocket, I suppose, is all right, but I'm not
going on it. Guy bought one the other day. A
guy from can't remember where he's from, China or Taiwan's
bought a four persona to go up on the Elon rocket.
They reckon it cost a couple of hundred million dollars
to do that. Anyway, so I'm not a big fan
of that. But the starlink is brilliant.

Speaker 5 (01:24:56):
Well you need the rocket to make that work, of course.

Speaker 2 (01:24:58):
Yeah, well that's true. Of course you did well use
beck Beck will get the same thing up. He'll park
it up there for you. But anyway, starlink is brilliant.
But the number of people in this country that have
got starlink, thirty four thousand connections are in rural areas.
So the number of people have got it's gone from
twelve thousand to thirty seven thousand in the past year.
Thirty four thousand of those are in the country. So
he has solved what government's happened. I mean, government's been

(01:25:20):
battling with rural broadband for years and the service we
provide in this country is absolute rubbish. And he's come
along and invented a product that we can all buy
and it works and it's brilliant and I'm living, breathing
proof that it does work and it's bulletproof and it's
fantastic and New Zealanders are loving it. And for that
then I think we can thank him. Night Away from Nine.

Speaker 1 (01:25:41):
Cost will breakfass with Bailey's real estate news talk said seven.

Speaker 2 (01:25:45):
Away from Mind, just bring some clarity to what Trunk
was trying to say a moment ago where the interest
rates were two percent, that, of course they were two
percent all over the world for obvious reasons, and they're
ten percent now, which of course they aren't. They're a
bit over six on average. Anyway, he's got on to
San Francisco and they have.

Speaker 25 (01:26:00):
The ocean, they have the sun, they have everything good.

Speaker 1 (01:26:03):
But what they've done to it.

Speaker 25 (01:26:04):
Is a shame, and she's going to do the same
thing to our country. It was the policies they had
a recent articon. I didn't know this, but you're allowed
to rob a store as long as it's not more
than nine hundred and fifty dollars.

Speaker 1 (01:26:18):
Has everyone ever.

Speaker 16 (01:26:19):
Heard of that?

Speaker 25 (01:26:19):
You can rob a store, and you have good thieves
going into stores with calculators calculating how much it is,
because if it's less than nine hundred and fifty dollars,
they can rob it not get charged.

Speaker 1 (01:26:31):
That was her that did that.

Speaker 2 (01:26:33):
Not technically true. You don't get prosecuted because they've got
so much crime in San Francisco they can't be bothered
prosecuting somebody with a minor offence like that. But I
strongly suspect that they don't have the calculators unless they
nick them. But that's the American race for you. The
funny thing that I'm sort of alluded to in marking
the week that I don't think we've got a cross
on the program is this absurd scrap that's broken out

(01:26:58):
between Woolworth's and staff via the union, who are unhappy
that Woolworths were asking their staff if they wanted to,
but not compulsorily, to dress up as a Disney character,
and the upset from the unions, and I don't know
why this hasn't been a bigger story this week. The
upset from the unions came that the staff were expected

(01:27:19):
to pay for their own Disney outfits, which of course
is unacceptable. But then the supermarketsupset. You don't have to
do it, So why would a union get upset about
people dressing up as Mickey Mouse if you didn't want to.
But that's the sort of thing we've got to in
this country. We've got unions and supermarkets scrapping over dress
ups and who pays for the marvel It's to the

(01:27:40):
most anyway. Five minutes away from nine.

Speaker 1 (01:27:43):
Trending now Warehouse, the real House of fragrances.

Speaker 2 (01:27:48):
Then we get to Raygun, who I am now reading
has been adversely affected by the torrent of abuse towards her.
She didn't come home with the Australian team. She went
with her husband, who's also a coach, off on holiday somewhere.
But she's broken her silence overnight.

Speaker 26 (01:28:07):
I just want to start by thanking all the people
who have supported me. I really appreciate the positivity and
I'm glad I was able to bring some joy into
your lives.

Speaker 1 (01:28:20):
That's what I hoped.

Speaker 26 (01:28:23):
I didn't realize that that would also open the door
to so much hate, which has frankly been pretty devastating.
While I went out there and I had fun, I
did take it very seriously. I worked my butt off
preparing for the Olympics and I gave my all.

Speaker 2 (01:28:45):
Truly, it shows a level of naivety that you want
to put yourself on the public stage in this day
and age and not expect hate. But there you go, Warriors,
So the Sea Eagles tonight. This is all must win territory.
Although I think I've been saying that for a couple

(01:29:05):
of weeks, haven't I. So I think it's super must
win territory.

Speaker 5 (01:29:08):
It's muss when and you need a degree in calculus
territory isn't.

Speaker 2 (01:29:11):
A little bit of that. There's a bit of maths involved,
I think. But we can hope for the best and
we got the All Blacks tomorrow. Still seats available, by
the way, restricted view seats if you're after You can
pay one hundred and eight dollars for a restricted view
seat if you want anyway. Back to back on Monday
Happy Days.

Speaker 1 (01:29:27):
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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