Full Show Podcast: 20 September 2024

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:01):
Setting the news agenda and digging into the issues.

Speaker 2 (00:04):
The Mic Hosking Breakfast with the Jaguar f base cut
from a different class News talks.

Speaker 3 (00:10):
Eddy Molly welcome today aut and their race based travel
funded Whether the Minister can do anything about it, She's
with us. Nicola Willis on the economy and it's backwards trajectory.
We've got a vaccine they call the Holy Grail. Changes
coming to jury trials. Will Jordan on the Rugby the
Week with Tim and Katie Richard Ardel Murray Olds did
the business as well.

Speaker 1 (00:27):
Posky.

Speaker 3 (00:28):
We're into wet seven past six. What I would like
out of the Polkinghorn trial is access to the jury.
This country has an archaic and sheltered view of certain
aspects of justice. As far as I'm concerned, if you
believe justice has to be seen to be done, it
behooves us to fully understand the process. By the way,
I've had virtually no interest in this trial. I have
no real overarching interest in crime generally. I did get

(00:48):
fascinated many years ago by the baying business, but Polkinghorn
has passed me by. He either did it or he didn't.
The jury's working that out as we speak. A change
I have noticed in particular this time, and it confirms
my lack of interest in matters makes me part of
a very, very very small minority, is the blogging that
has gone on from court from the digital media. See
your criticism I've always had about media coverage of court

(01:10):
in this country is mainly their cherry pickers and mainly formats,
particularly the news bulletins, never gives fair insight into daily proceedings.
See this time it's been no different. TV seems to
have come and gone on a slow day, they cover
it on a busy day. They don't having been in
court enough over the years. The tricky part is how
slowly it all moves, and therefore it is easy for
the media to miss a lot of detail, not to

(01:32):
mention subtlety and nuance. If you can't cover it properly,
don't is my rule of thumb, which is where the
digital operators have been able to give you all the
blow by blow detail you could ever want, and from
my inquiries it's been absorbed vociferously by most of the population.
But back to the jury. In America, you get to
talk to them, why not here? Surely in a trial

(01:52):
of this detail and interest. Knowing what they thought or
didn't think, what they make out as critical or of
no consequence, is not only fascinating but vital to understanding
as to how we got to where we're about to
get open justice. Seeing it, we're getting the detail from
those closest to it. Surely you can't argue that wouldn't
improve the process. Therefore our understanding and how possibly is

(02:13):
that a bad thing?

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

Speaker 3 (02:19):
All art is far from ober as regards the exploding electronics.

Speaker 4 (02:23):
This kind of criminal action or act, is it big operation?

Speaker 5 (02:29):
Is it a genocide? It is a massacre Israel.

Speaker 3 (02:34):
We still haven't admitted anything. They're on the offensive.

Speaker 6 (02:36):
Israel is responding with force to this aggression by Fisbellah.
We will use all means necessary to restore security to
our northern border and to safely return our citizens to
their homes.

Speaker 3 (02:49):
Parolder Anthony Blinkn is racking up yet more rare mile
saying yet more of the same stuff.

Speaker 7 (02:54):
The population in both northern Israel and southern Lebanine US
have to flee their homes, and we don't want to
see them be able to go back to their homes
and that requires a secure environment.

Speaker 3 (03:05):
Meantime, the former UK ambassador to leven On makes a plea, you.

Speaker 8 (03:08):
Know the ingenuity of humans to find new ways to
kill each other, it becomes more important to uphold international law.
And just because the weapons are changing fast, it doesn't
mean the rules are changing fast.

Speaker 5 (03:20):
The rules stay the same. Don't kill civilians.

Speaker 3 (03:22):
Then, stateside a lot of reaction to the teams, to
the Union who normally signed with the DMS. Of course
this time they haven't.

Speaker 9 (03:27):
No endorsement, I think sends a message to both parties
that if they truly want to support working people, they
have to reevaluate it and understand that nothing is given
it has earned.

Speaker 3 (03:38):
Trump sees the non endorsement, by the way, as some
sort of positive not his way. He was in New
York saying stuff that isn't true.

Speaker 10 (03:43):
The reason I'm here is because hasn't been done in
many decades. It hasn't been done for a long time.
But we are going to win New York.

Speaker 3 (03:58):
No, it's not sixty thirty seven last time run. Finally,
a bloke, let's call him a Nutter who's in a
fantasy football league, went too far with one of his opponents,
so the competitor in Matthew Gabriel's league. He was off
to Norway to study. Gabriel gave authority's a fake tip
off that this guy was actually going to Norway to
commit a mass shooting at a concert and a department
store that way. The man would then be detained and

(04:19):
not able to make his updates in this fantasy football team.
Norway police and the FBI committed five days and hundreds
of hours to be ensuing investigation before Matthew admitted that
it was in fact made up. He's now pleaded guilty
two two Council of Interstate and Foreign Communication the threats
and faces up to five years in jail. That is
the news of the world. In mons in ninety second
Bank of England Central Bank week, Bank of England hold

(04:43):
eight one. The one said twenty five point cut. It
was a more decisive and more hawkish boat than many
people expected. What a week it's been, twelve past six.
Just looking at a poll, brand new one out of America.
I'll give you the numbers in just a couple of moments.
Speaking of which, a couple of things too. If you
followed these sort of things, Sri Lanka is voting tomorrow,

(05:04):
pivotal Cashmere the region. They haven't had a vote for ages.
I think it's about a decade. They've got a sort
of a rolling mall in an election. Some of it's
underway and it will end at the end of September.
So a couple of things to keep an eye on.
Fifteen past six, Now break it from day my wealth
Andrew Kellaha, good morning, very good morning mate. We're said

(05:26):
point four. Most people said point four, The Reserve Bank
said point five. So point two is better than we thought.
I guess, oh that is right.

Speaker 11 (05:33):
I mean yesterday morning we spoke immediately after the FED
sort of fifty basis point move, but we had the
double whammy yesterday, didn't We went around and then wait
and eagerly anticipate the release of Q two GDP. I
thought that consensus call of minus point four was on
the money. As it turned out, that was a little pessimistic.
The actual outs and as you say, it was minusserrah
point two. It's an interesting illustration, isn't it, expectations versus reality,

(05:56):
because still a negative outcome, but it seemed good because
it wasn't as bad as expected. And so let's acknowledge
that though because better that growth wasn't as weak as
expected versus the alternative. Unfortunately, to throw a little water
on any kind of nascent celebrations out there. When you
look at the annual growth the OUTO here's.

Speaker 3 (06:16):
Zero point five.

Speaker 11 (06:16):
Now the RB and ZRA forecasting minus zero point seven,
there's not really much difference there.

Speaker 3 (06:21):
When we look at it on a.

Speaker 11 (06:23):
Longer term basis, GDP per capita continues to be very weak.
Fell zero point five quarter on quarter, now two point
seven percent lower versus a year ago. That's an ugly number. So,
you know, a growing population was sort of a key
contribute to a sort of a tailwind to whatever growth
we did get, and that impulse, as we know, is
now abaiting, so it now becomes a headwind. You know,

(06:47):
mikel I'm quietly optimistic about the agri sector, but it
didn't really help in the second quarter. For the second
quarter growth figure, forestry and logging activity we're weak, and well,
we saw prices lifting elsewhere. There's a volume issues, so
we exported less on a positive note, and it's been
highlighted sort of over the last twenty four hours. Manufacturing
surprisingly actually delivered a positive contribution to Q two GDP.

Speaker 5 (07:12):
I don't know if that will be sustained.

Speaker 11 (07:14):
You had a sort of a rebirth of activity in
the Hawk's Bay which helped out that Q two. I
think it was one point nine percent lift. I'm not
sure that's going to be sustained.

Speaker 5 (07:23):
What is it all mean, Mike, wasn't all mean?

Speaker 1 (07:25):
Well?

Speaker 11 (07:26):
Economic activity in New Zealanders still subdued. As the word
that's being used, that's a bit of a euphemism. Stagnant
is probably a better word. Demand was soft, and the
outcome of that sort of weaker demand as evident in
the amount of activity that you see recorded across the
board in the GDP figure. Will it be the low point?
I'm not sure. We've got to wait and see that,

(07:46):
but recovery will be slow. What are the implications for
the RB and Z Well, you'd say the outcome is
consistent with their big picture of you that spere capacity
is increasing. It's probably consistent with the disinflation trend, and
also so I think it's consistent with the requirement to
reduce the restrictive stance of monetary policy. The ocr is

(08:07):
too high?

Speaker 5 (08:08):
Does it inform us?

Speaker 11 (08:09):
Does it give us any wisdom over whether we get
a twenty five or a fifty point move next, are
not really okay?

Speaker 3 (08:16):
Then we come to the all the downs up at
the moment. Are we liking what happened yesterday? We still
don't know. Yeah, no, I think so.

Speaker 11 (08:22):
I said yesterday morning that we needed to give the
markets a little more time, and we spoke at sort
of quarter past six, and the thing had come out
at six. I said, the market's going to take a
little time to digest that, and the response has.

Speaker 3 (08:33):
Been sort of quite volatile.

Speaker 5 (08:34):
Where are we now?

Speaker 11 (08:35):
Will share markets shared the news? Eventually? US markets when
we spoke, they went up, they went down through our
daylight hours, the futures markets rallied, and overnight you've seen
a positive endorsement for US markets. One of the difficulties
now in interpreting the future moves Mike and the press conference,
Powell said, there is no set path for future moves.
It is data dependent. So we've now got to sit

(08:57):
and wait for the data to come out. The debate
now moves in the US and not dissimilar to here
and everyone else to where the terminal rate is?

Speaker 5 (09:04):
Where does the rate end up? Now?

Speaker 11 (09:06):
The FED is indicating a slightly higher terminal rate than
the market's expecting. There's not much in it if I
look at short term rates and we go to the
rates that are most sort of I suppose, the most
reactive to this, and look at say a US two
year government bond, are very choppy trading. It fell straight away,
as you'd expect, but then it bounced back. It's now
settled pretty much where it was two days ago, which

(09:28):
indicates the market was actually expecting or pricing in this
sort of least position for it. Longer term rates, Mike,
they're actually higher, So the interest rates actually higher in
the US. After that move, interest rates here in New
Zealand they bounced around a bit, but ended up also
pretty much where they started. The currency went on a
bit of a joy ride. It went up, it went
down back up, its settled a little bit higher.

Speaker 5 (09:50):
Now.

Speaker 11 (09:50):
The question that's been asked over the last day make
does it embolden the rbn Z to go fifty basis points? Well,
I think they've got to see ends at IQSBO got
to see.

Speaker 5 (10:00):
The labor duart of the CPI data.

Speaker 11 (10:02):
They could front load the cuts they've been talking about
doing that, so they've got two opportunities. They've got October
and November, then a big gap to February. If they
want to deliver seventy five basis points before Christmas, it's
simple maths. This is one of those one of those
occasions they have to go fifty.

Speaker 3 (10:18):
All right, let's see what happens.

Speaker 11 (10:20):
What are the numbers, Well, they're all yeah, it's a
sea of green, a sea of green out there. So
the Dow Jones is up five hundred and thirty two
points as we speak. That's a one point two eight
move forty two.

Speaker 5 (10:30):
Thousand and thirty five.

Speaker 11 (10:31):
The S and P five hundred is up over two
percent five seven three zero, and the Nasdaq up was
some more, was three percent early on now two point
seven percent eighteen thousand and forty eight.

Speaker 3 (10:40):
So they're loving it.

Speaker 11 (10:41):
The Forts one hundred up point nine one overnight eight
three two eight, the Nike up over two percent three
seven one five five, The Shanghai competed up points sixty
nine percent two seven three six.

Speaker 5 (10:52):
The aussis we're slightly more muted here.

Speaker 11 (10:55):
The Aussies were uper point six one percent eighty one
nine one. The ins ofex fifty up point sixty two
twelve six hundred and sixty five point sixty two four
eight on the Kiwi point nine one five seven point
five to five nine one euro point four to seven
h six pounds eighty nine point three to three against
the Japanese and gold still holding up their two thousand,
five hundred and ninety years dollars. And unfortunately that that

(11:17):
flirtation under seventy bucks merely really was that. Brentcer is
now back at almost seventy five dollars seventy four eighty two.

Speaker 3 (11:24):
Go, well, that's we ken, We'll see you next week.
Andrew Kella jmiwal dot co dot m Z tasking Poka Cola.
I know her. I'm doing business with Bcardi. They're looking
at some This is this pre mixed cocktail Bollock, big, big, big,
tone it down, Glynn.

Speaker 12 (11:38):
This pre mix kite you're excited about. Premix con last.

Speaker 3 (11:40):
Year grew twenty seven percent to three billion US dollars.
Spirits genuinely are where it's at. They beat out these days.
Spirits beats wine and beer for the second straight year.
Vodka is your top of your pile. Vodka is a
sixteen billion dollar proposition in the us alone.

Speaker 12 (12:00):
Doing Bacardian coke.

Speaker 3 (12:01):
Now that's what I'm saying. I said, Bacardian co Yeah,
it's disgusting and needs to stop. It's almost as bad
as Pizza Hut eating all you can eat. Six twenty
two US talks. That'd be Fox poll fresh out this morning,
September thirteenth through sixteen. So their new numbers are three
point swing. Trump was leading by one. He's lost at
Harris now fifty to forty eight. These are nationwide figures.

(12:23):
Of course, first time Harris has hit fifty percent support,
So that's material. I would have thought six twenty five.

Speaker 2 (12:30):
Trending now, Queen the Chemist Warehouse is the home of
big brand fighters.

Speaker 3 (12:35):
Every time Bong Jun hu back won on Oscar four
years ago parasite, then he vanished. Anyway, He's got his
latest out, dark comedy called Mickey seventeen about a bloker
gets cleaned over and over and over so he can
go on the dangerous missions. Doesn't really matter if he dies.

Speaker 10 (12:50):
I wouldn't be surprised if you were thinking at this point,
what have I done?

Speaker 13 (12:55):
Oh?

Speaker 14 (12:56):
Can you go?

Speaker 4 (12:56):
One?

Speaker 5 (12:56):
Guards?

Speaker 15 (12:57):
Nothing was working out and I want to get off
of her.

Speaker 1 (13:01):
You're planning to be inexpendable.

Speaker 16 (13:02):
Yeah, you read through the whole application.

Speaker 14 (13:04):
Is that a kicking?

Speaker 13 (13:06):
I should have read through it.

Speaker 1 (13:08):
Once you die, we'll print a new version of your body.

Speaker 3 (13:12):
Biggie, start looking very good for you.

Speaker 1 (13:16):
Yeah, I'm sure you're used to it by.

Speaker 3 (13:18):
Now, but what's if you like to die?

Speaker 17 (13:23):
You did multiples In the case of multiples, yes, just
like you exterminate every individuals.

Speaker 3 (13:31):
To Rugby precision and we'll just shoot the Robert Pattinson
Ruffalo's in there. Stephen Yun Do I know him of
beef fame? Tony Koalitz certainly know her budget of one
hundred and fifty million, have no idea how they spent there,
mind you. The same applicable to the show thirty first
of January as well, when you'll find that TGI Fridays

(13:52):
here ago I went once I thought it was bollocks,
So I'm not surprised to see it's gone into administration
in Britain. Very sad. Four and a half thousand jobs
total of eighty seven of the Change restaurant is going
to be put up for sale, even if they've got
a seller, which they think they might have, whatever they
sell it for is less than what they owe. Once
upon a time, it was a trendsever apparently selling American

(14:13):
food beyond the burger and offering a really great night out.
So you know that where he wasn't true news for you.
In a couple of moments, Kenny Simmons tertiary minister on
this business of aut and this race based policy. Are
they going to be able to fix that or not?
It's after the news, which is next to a news talk, zenb.

Speaker 2 (14:32):
You're trusted home the news for entertainment's opinion and fighting
the my Hosking breakfast with Bailey's real estate your local
experts across residential, commercial and rural us tog eNB.

Speaker 3 (14:44):
Well, he, Mike, did you say in Zebney spends one
hundred and fifty million on your show? Absolutely worth it.
I'll take that any time over stupid bike lanes, Meet too, mate,
twenty three minutes away from seven. We'll get you to
Richard Arnold Stateside shortly back here? Where are we at
with the aut racist policy of handing out a better
travel deal for employee who happen to be Mario Pacifica
in requesting travel costs? What happens? As I've told you
throughout the week you fill in a form. If you

(15:06):
happen to be the right race, you get extra points.
This of course goes against the government that issued this
time last week that explicitly states race should not be
a part of decision making. Tertiary Minister Penny Simmons is
with us on this morning to you good morning. Right now.
They defend it, don't they?

Speaker 16 (15:22):
Yes, they do, and look they have an absolute right
to defend it, and the Education and Training at twenty
twenty gives them that independence and that autonomy to make
those decisions, so that is very clear. I can't direct
them to take notice of the cabinet circular or the
intent in it. I can only draw it to their attention. Look,

(15:45):
I think and I've spoken with the Vice chancellor the datement,
and I think that aut have got some good rationale
behind this decision. And they are a very new university.
They have a very high proportion to Mati and Pacifica students.
Their proportionality of staff is not near as high as

(16:09):
their student ratio, and also they are trying to build
up the research capability of their Mary and Pacifica staff.
So you know, I've had a good discussion there. I think, though, Mike,
what I'm more worried about is this wider issue across
all universities around the robustness of their decision making. So

(16:35):
universities have got various layers in their decision making processes,
committees and boards and senates, and I'm seeing numerous surveys
and reports and feedback about the constraints on the ability
of academic staff to give their opinion freely in this
decision making.

Speaker 3 (16:52):
Well, well, that's all part of it, isn't And that's
the problem. David seymore by the way it was on
the program yesterday, he did point out that the circular
that came out from Cabinet last week did it exclude
university So I fully understand that. Did you express in
a way that they would understand at the very least
the government's view on these matters generally, therefore putting your
side of the case across or were you a bit
weak willed? Penny?

Speaker 16 (17:14):
Now, I'm going to write to all the universities drawing
their attention to the circular and the intent behind the circular.
So I'll acknowledge, of course, their autonomy, but I want
to draw the attention to there, but more than that,
like I'm going to draw their attention to their decision
making process and ask them to reflect on how robust

(17:34):
it is. Because of this is where I think the
issue is. It's staff not having that ability to speak freely.

Speaker 3 (17:43):
And so that's what a university is, isn't it? Or
supposed to be.

Speaker 16 (17:48):
Yes, it should be. And so there are decisions being made.
The recent run about Auckland University having the compulsory course
on Chalmardi and the treaty you speak of.

Speaker 3 (18:00):
Why Papa tole Marta row I do?

Speaker 2 (18:03):
I do?

Speaker 16 (18:04):
And so I think it is really important to go
back that step and look at their decision making process
because while we used to grumble about how slow and
cumbersome that made, the decision making process that should be
where the widowing out of ideas takes place. And so

(18:26):
that's where I think there is an issue. I'm also
going to Sir Peter Gluckman in his review and his
panel to have a look at these processes and dig
into more whether we are getting the robustness that we
need and the freedom of speech within those processes.

Speaker 3 (18:44):
Well, we discovered the other day in our family this
why Papa tol marta Ry. We didn't have any idea
that this was compulsory. We didn't think that compulsory anything
at university was the way universities worked. We were shocked
at what we discovered at that. They claim it gets
you ready for life. Do you think it gets you
ready for life?

Speaker 16 (19:00):
Pens Look, I haven't seen the paper, but it's a
pretty big call to make a paper compulsory like that,
And so that's why I am wanting to look at
the decision making process to make sure that there was
freedom of expression in the opinions of academic staff getting
to that decision. And look in the finish, people will

(19:25):
make their decisions about which universities they attend. Overseas, students
will make their decisions about whether they want to attend
universities where there are compulsory papers like this.

Speaker 3 (19:38):
Exactly good to see you have a good week. I
appreciate it very much, Pennicimen to re Education Minister. Yeah,
well look it up, why, Papa Tomatrau. It gets you
ready for university and it gets you ready for life.
Once upon a time you go to university and explore
and just do whatever you want.

Speaker 12 (19:52):
I thought the point of going to university was to
put off real life.

Speaker 3 (19:55):
Well there was that stuff like that, but you know,
and this is the straight tid. The other day when
we went along, they couldn't explain it and that was
the problem because you know what Katie's like. She started
asking questions and they just could not explain what it
really was. Anyway, more on that later eighteen minutes away
from seven pasking This is a selection of the textas

(20:19):
that have comment Mike Pathetic from the Minister universities received
taxpayer funding. Race based policies have no place in a
thriving democracy, where defend the Minister is universities are independent.
Seymour explain this to us yesterday. They should be independent
despite the fact they get taxpayer money. But the government
does run the risk now of mixed messages which part
of the circular is applicable to who and when, and

(20:41):
that's going to be the political problem for them. Six
forty five.

Speaker 18 (20:45):
International correspondence with Ends and Eye Insurance Peace of mind
for New Zealand Business Right tried Rich.

Speaker 3 (20:50):
Today on the morning finding out in a bat I
assume he sees the FED movers good for him and Karmela.

Speaker 15 (20:56):
Absolutely the econdomy is the biggest presidential campaign issue we
hear all the time. So Biden is claiming now that
the economic recovery has reached a long awaited turning point
in speech to the Economic Club of Washington, saying that
there's been significant progress, but he did not say Mitchell accomplished, which,
of course George's able to bushed it infamously during the
Iraq War, putting up that big zone on the aircraft

(21:17):
carrier just before the fighting got really bad. This time,
the Dow has spike by more than six hundred points
for time, chopped down a bit lower now, but it
was up at a new record high, which doesn't quite
gel with the Trump claims that the Harris Biden team
overseeing the great economic collapse. Biden said, as you said before,
that when he began his term, the economy was in strife,

(21:39):
not to the pandemic, and with inflation spiraling. Now we
have just seen the FED cutting interest rates by half
a point first cuts its twenty twenty and people have
been suffering with that fiscal policy.

Speaker 13 (21:49):
That's what needs to be emphasized.

Speaker 15 (21:51):
The high interest rates have cost many who were in
the housing market or car buying markets, or paying off
debt it's cost them for years and years with those
high interest rates. The Central Bank also forecasts lowering interest
rates by another half a point before the end of
the year, so all this in time for the elections.
President Biden tilted to that today as well.

Speaker 4 (22:11):
We always believe women should be paid equally for equal work,
and there's not a single damn job a woman can't
do that the man can do, including being President of
the United States America.

Speaker 15 (22:19):
Well Murdock shown Wall Street Journal today headline the FED
goes big. Inflation now is down to about two and
a half percent. The FED target has been two percent,
so getting pretty close. Also, the labor market is softening,
so many economists would say this rate cut is necessary
to stimulate the economy a bit. But this is a
significant political boost for the Harris campaign. It would seem

(22:39):
Trump is complaining about that, saying the Fed mover's sheer politics.

Speaker 13 (22:43):
Still, the FED.

Speaker 15 (22:44):
Action is not the call of any single individual. It
was an eleven to one vote on the FED panel,
so this appears to be a soft landing. You could
probably say that to this point, although consumers regularly say
they are yet to feel it and vote. A sentiment
obviously is what this election will be about.

Speaker 3 (23:01):
But you ain't in recession, Richard, which is where we
are currently now. This fascinating business of exploding stuff and
the Americans not knowing about.

Speaker 13 (23:09):
It pretty wild, isn't it.

Speaker 15 (23:11):
Anthony Blinkom, the US Secuity of State is calling for
restraint when it comes to this and the sabotage of
those thousands of pages and walkie talkies used by Hasbolla.
That sabotage campaign has led to more than thirty people
killed and more than three thousand people injured as these
devices were detonated in a couple of rounds as they
were turned into many grenades. Former CIA man Bob Bea
says this was done likely by lacing the batteries with

(23:33):
a small amount of explosives and sending out that blast signal.

Speaker 1 (23:37):
It's a coded signal that they can just send out.

Speaker 13 (23:40):
Well, we see the bloody results, do we not?

Speaker 15 (23:42):
The US as it was told by Israel that some
new phase of attacks was expected, but they say they
did not know what was intended specifically had no role
in this. It appears the devices were altered by a
front company in Budapest, although they deny it, using technology
license by a Tyrwannese company, which denies any role as well.

Speaker 14 (24:01):
Are you in.

Speaker 15 (24:01):
Panelties calling all this a quote terrifying violation of international law?

Speaker 13 (24:05):
The question is what next?

Speaker 15 (24:07):
The head of Haswell Hassenzrala says there will be a
quote decisive and crushing response. So calls for peace in
southern Lebanon and Gaza seem to be floating in the wind.

Speaker 3 (24:17):
See you Monday, mate, appreciate it, Richard Donald State side.
By the way, Carden has got one hundred and eleven
Republican former officials endorsing her, not Trump, people who worked
for or served under Reagan Bush times one, Bush times
two in the letter. We believe that she possesses the
essential qualities to serve as president. Donald Trump does not.
They decried Trump for sowing daily chaos and government put

(24:40):
as personal interests before the country violated as over office.
Former CII, FBI director William Webster, former Director of National
Intelligence Negroponte, former US Trade Representative Carla Hills, Robert Zolik.
One hundred and eleven of them, ten away from seven.

Speaker 2 (24:59):
The Mike Hosking first with the Jaguar f phase News
talks Envy.

Speaker 3 (25:03):
You didn't like Penny morning, Mike, and you wonder why
people are heading to Australia. Compulsory brainwashing is what I
call it, Mike Penny Simmons dishwater, disappointing, unexpectedly weak, Mike.
Feedback on the aut culture and woke attitudes are starting
to cost them reputation, and students have a son there
would not recommend them, or are you any more, Mike,
independent or not. Universities cannot cloak their racist policies under

(25:25):
the auspices of life lessons. Imagine a private company advertising
for race based employees to do some intercompany travel exactly
precisely the reworld into themselves. Universities. This exploding business in
Lebanon is increasingly fascinating. So now we've got a Japanese
company that made the handheld radio walkie talkies. The logo

(25:47):
that's on these walkie talkies that exploded, they're our saying,
which is interesting. So initially with pages it was Taiwan
through Budapeste. The walkie talkies have the serial number ic
V eight two, made by Icon, which is Osaka based.
ICM says it hasn't produced or exported any of these things,
nor the batteries for ten years, so they licensed their

(26:08):
trademark to a company in Hungary that was BAC. That
was the pages walkie talkies or the handhelds produced and exported,
including to the Middle East from October four to October fourteen.
They've done nothing since. The inference now is theyir knockoffs?
They're not the real thing. But the question remains, how

(26:30):
did the Israelis, if it was them, do it? And
it's got supply chain implications. It came from a factory somewhere.
Was it done inside the factory? Was it shipped out
of the factory, intercepted, mucked about with and then on scent?
No one seems to know. Five minutes away from seven.

Speaker 2 (26:52):
O, the ins and the ouse, it's the fizz with
business favor take your business productivity to the next levels.

Speaker 3 (26:59):
Dart from the States, they're struggling a bit. They've got
some green shoots, but things aren't flash. Sales a our
four point two percent compared to August of last year
total three point eight six million houses sold. Now that's
three months in a row of sales below four million.
Why do I mention four million or four million seen
by the industry as being average first home buyers making
up twenty six percent of sales, which is about the
number we have in this country. And here's the interesting part,

(27:19):
or the first interesting part. That's actually the lowest sense
of November twenty one. So you've got a greater participation
of first home buyers in the American market than you
do here. Supplies tights of prices are still firm. Median
price is six hundred and sixty six thousand dollars, which
is up three point one percent on August of last year.
Is that high, yes, it is. It's the highest price
ever for the month glass half full. These sales numbers

(27:43):
are seen as the low point. A lot of August arts,
based on closing contracts they were signed back in June
July don't close, as they say in America, till August.
So already the interest rates have dropped from the sevens
to the highest sixes. So the real estate agents they're
a bit bullish about the months ahead, and lysts say
they're not likely to see huge shape at this point.
You've got thirty mortgages, of course in America, so the
turnover or the tick over time is huge. You've also

(28:06):
got uncertainty around the election. The six sixty six number
if you want to compare it to New Zealand at
about nine hundred. Of course, you've got a vastly different countryside.
You've got places in downtown Manhattan where you can't get
in for under three or four million, and then you've
got the middle of Montana where they'll pay you to
move because no one wants to live there, So you've

(28:26):
got a very disparate sort of market. Jobs are interesting.
We'll talk to Nicola Willis about the GDP yesterday, but
the jobs numbers are interesting. So the government's goal is
to reduce those on jobs seek to buy up to
fifty thousand. But we've got more now. The reason we've
got more, of course, is because the government inherited a
basket case of an economy, and jobs are the fag

(28:49):
end of any sort of turnaround we may or may
not be seeing at the moment. So in other words,
jobs are the last to get corrected. So we'll work
through the economy. See we're at with the Finance Minister,
Nikola Willis.

Speaker 19 (28:59):
After the news is next the newspakers and the personalities
of the big names talk to costing breakfast with our
Veda retirement communities Life, Your Way News.

Speaker 3 (29:12):
Togs hed been seven past seven, so GDP for Q
two was minus zero point two. So glass half fall
not as bad as consensus. And in a week in fact,
we've seen simple surveys that indicate from business to manufacturing,
the services to consumers, we might might just be seeing
a little bit of light at the end of the
old tunnel. Finance Minister Nicola willis with us for this Friday.
Good morning, Good morning mate. So it could have been worse, Yes,

(29:33):
it could have been worse.

Speaker 20 (29:34):
But ultimately I think we we think back to the
doing porter. We know that that was before the reserves
band had reduced interest rates, then felt pretty tough in
the economy. So I don't think we're surprised by this number,
and it does reflect the result of a long period
of high interest rates which have squeezed the economy, and
of course those were a response to an extended period

(29:56):
of high inflation. So i'd characterized where we are right
now the is we are still in clean up mode.
We're laying the foundation growth rise ahead.

Speaker 3 (30:06):
Could it be possible that Q three some suggesting Q
three would not be as bad as Q two. Therefore,
I Q two wasn't as bad as we thought. It's
possible Q three is not even backwards. Therefore we're not
actually in recession.

Speaker 20 (30:19):
That is possible. I'm conscious that the interest rate reduction
happens in August, which is late in the September quarter,
so we'll see. What I take a lot of heart
from is the forward indicators. So what I care about
is inflation coming out of control. Yes, forecasts to be
back in this quarter. Our interest rates coming down. Yes,

(30:40):
We've had our first reduction earlier than some have been forecasting,
and the forecast to keep falling. And is that seeing
a change in business confidence? Yes, the surveys are showing
that businesses think the year ahead is better. And that's
good because when business is a confident and interest rates
are lower and inflation is lower, that's when you get investments.

(31:01):
That's when firms start hiring people, they start innovating, buying
new machinery. That's where growth comes from. And that's what
we are very focused on. What can we as a
government do to make it easier for people to export,
to hire people to innovate, get the red tape out
of the way, get on with growing.

Speaker 3 (31:18):
Yeah, speaking of which, the current account though was shocking.
It didn't change as a percentage of GDP, but it's
a shocking number. Are you doing anything specific or is
that beyond your control? And the buying and selling of
stuff to the world, that is in.

Speaker 20 (31:31):
Our agenda and the specific thing that we can do,
of course is drive better trade relationships around the world.
Todd McClay has been working very hard on that and
we will be in a position to have new trading
relationships as a government, we will have more to say
about that. That's important as exporters have more markets to
send their goods to. We also think that it's important

(31:51):
that you can actually get the developments into New Zealand.
The fast track consenting regime I think has been underestimated
as an economic reform because ultimately, if you want gross
in an economy, people have to be able to say,
I'm going to do that big housing development, I'm going
to do that big mining development, I'm going to do
that big manufacturing facility, and our fast track mechanism will

(32:12):
unlock that investment, which overall helps to productivity and eventually
flows through to your current account.

Speaker 3 (32:17):
Okay, two part question. Carmel was busy on this in
question time yesterday. So the job seeking numbers forecast now
at two fourteen thousand to peak and Jen of twenty five.
Two part question is that the end of it? And
two how would we know given most of the forecasts
are wrong?

Speaker 20 (32:32):
Well, support bus do tell us that unemployment ist to
keep rising. There's always a lag effect that comes off
the back of these declining these declining growth figures. But
here is a number that I'm really focused on, which
is how many people are exiting the job seeker benefit
in going back into work, and really positively that number

(32:54):
is higher this year than it was last year on
a month on month based Why because actually, when you
say to people there is a sanctions regime. If you're
on the benefit, it's not meant to be forever or
a lifestyle. We want to help you to get back
into jobs. You can keep people flowing through. Now that's
not to say it's not a challenging environment. It's not

(33:15):
sound employment as in a number that's been going up,
but we are confident we can keep moving Kiwis into jobs.

Speaker 3 (33:21):
Good, have a good weekend, appreciate it. Nichola Willis, the
Finance Minister. It's eleven past seven Mosschames could be coming
around jury trials. Currently, if you face charges that could
see you in jail longer than two years, you get
to choose between the judge or a jury. But the
number of active jury trials is through the roof and
the length of the average case is blown out. I'll
give you the numbers in the moment, but Law Association
VP Julian Kincaid is with us Julianne Morning, good morning

(33:43):
mite in theory. If they change it, does that make
sense or not?

Speaker 21 (33:48):
No, it doesn't. The first point to make is that
the statistics they're relying on from between twenty and eighteen
and twenty twenty three, which includes two of the COVID years,
so it undermines the the value of those statistics. And
also there's been as everyone knows, an increase in homicide cases,
certainly in Auckland, and so the High Court are not dealing.

Speaker 20 (34:10):
With the drugs cases that they would have dealt with.

Speaker 21 (34:12):
Some time ago, and the District Court is having to
cope with much longer multi accused drug cases that would
have that in the older days would have been tried
in the High Court.

Speaker 22 (34:22):
With all sorts of different levers.

Speaker 3 (34:24):
Going on, taking COVID years out. I mean, I'm looking
at the average duration of the case from three to
forty nine days has gone up to four hundred and
ninety eight or five hundred days to deal with the case.
I mean, if you take the COVID years that would
that be dramatically different.

Speaker 22 (34:37):
I think so.

Speaker 21 (34:38):
And there's all sorts of different factors that go into
these things. Right now, it's an ulti district court. In fact,
you'll get a jury trial faster than you'll get a
judge alone trial. So we need to be careful about
using a blunt tool to try and solve the problem.
There's also been a lot of work going on in
the last couple of years, since twenty twenty two on
a what we call see PET Criminal Process Improvement Program.

(35:02):
Lots of things have been going on. Police prosecutions have
had a large injection of CAT, They've been able to
harm more people. We're getting earlier disclosure. We've got two
prosecutors in court and noight, so we can have constructive
conversations with one of them whilst the other one is
carrying on with the court business in the list court.
So these are things that have just come into play
this year, and I think these are the things that

(35:23):
will have a huge impact on increasing those efficiencies which
we all want. But I'm just saying, just be careful
about going back too far and looking at things as
they're weare, because they're already changes well under way that
are going to make an actual difference.

Speaker 3 (35:36):
Appreciate your expertise. Julian Kincaid case see with us this morning.
So the two numbers, the number of BEAC of jury
trials you arguse COVID, I get it. Number bec of
jury trials has gone in the last six years from
two thousand to three and a half thousand, and as
I say, the every duration of a cases climb from
three forty nine to four ninety eight. Could science be
about to say this more in a moment? Fourteen past

(35:58):
Will Jordan with us in the next half or the
program and the lead up tomorrow afternoons daytime rugby? Like
a bit of daytime rugby, don't we? Sixteen past seven?
In the climate battle, this is good news. I think
we've got progress in the area of what they call
a methane vaccine. Methane vaccine apparently is the holy grail
for farming. Scientists are basically wanting to develop antibodies that
reduce methane emissions from animals. AGRA zero in New Zealands,

(36:18):
Chief executive WAYN mcnee's with us Wayne, very good morning
to you.

Speaker 22 (36:21):
Good morning Mike.

Speaker 3 (36:22):
On a scale of one to ten in excitement terms, ten,
you're fizzing one. You couldn't give a monkey's where are
we at on that scale?

Speaker 22 (36:28):
You asked me this last time. I think this is
I'm pretty fizzing about this one. Actually, I reckon I'm
getting up around this sort of seven or eight. This
is a really exciting opportunity to try and develop a
methane vaccine.

Speaker 3 (36:39):
So the thirteen and a half million we're talking about
is that on a path to a result we know
eventually will happen, or on a path we just don't
quite know where we're going yet.

Speaker 22 (36:50):
Look, I think we're on a path to knowing we
will eventually get there. Another company we've invested in called
our Ka Bio in the United States is proven you
can make a methane vaccine. Did a lot of work
to do there, but you know it can be done.
So the team here, we're investing to develop a bigger
team with egg Research bring the team together with other
researchers and push hard to get a product that farmers

(37:13):
will be able to use.

Speaker 3 (37:13):
That sort of answers my question, are you in competition
with these other people? How many other people are there?
And are you collaborating?

Speaker 22 (37:21):
There's only two vaccine companies and we've invested in both
of them, so yeah, we are looking for them to collaborate,
but we're investing in a portfolio of possible solutions for farmers,
partly because some of them may not work, and also
to give farmers choices so that when these things come
to market, you know, they don't have to do just
one thing.

Speaker 3 (37:38):
When you get there, how commercial does it become how quickly?

Speaker 22 (37:44):
Yeah, And vaccines are pretty easy to scale, So if
they can make one that works and what we'd be
looking for as a twenty to twenty five percent reduction
over about six months with a single vaccine shot, they're
pretty easy to scale. I mean we've seen that recently,
haven't we. But you can make vaccines quite easily and
quite chea, so you know, once we've got it, it
should be quite easy to make.

Speaker 3 (38:02):
So if you can reduce methane by twenty five percent,
what does that do to the climate.

Speaker 22 (38:07):
Debate, that makes a huge difference. It would be massive
if we can get there with a vaccine, because it's
relatively easy for farmers to administer. Vaccines are already widely used
in animal health and this could be you know, for
New Zealand, it would be huge because we're a pastoral
farming system, but worldwide eighty percent of remnants grays on pasture,
so it would be a massive breakthrough.

Speaker 3 (38:28):
But when you look at the politics and the yankst
around the ets and all of that sort of thing,
if you and our biggest dealer is methane emissions, if
you can do twenty five percent on the farm, that's
a government re thinking their entire approach, isn't it.

Speaker 22 (38:43):
We've got to get yet there yet. But yes, I mean,
but we're phising one.

Speaker 3 (38:46):
You told me we're phising.

Speaker 22 (38:47):
So our customers from New Zealand are asking for reductions
of thirty percent of methane by twenty thirty. So it's
a big customer build here from the likes of Nestlade
Dena in McDonald's others. So this is this is hopefully
part of the solution for that. There's still a way
to go, though I am puzzing it as an exciting opportunity.

Speaker 3 (39:05):
Okay, we'll get you back on and I'll ask you
the same question for a third time to see how
we go. So you can't make me down for Consistencywayne mcne, who's.

Speaker 12 (39:11):
Do you go from? Fizzing?

Speaker 4 (39:12):
Well?

Speaker 3 (39:12):
Wait, that's a very good point. By the way, Mike
Willworth's Australia invest is what New Zealand will be sold
off because New Zealand's dragging Australia value down. Wonder where
the ComCom thinks it's interesting you should say that that's
in the Financial Review this morning. I think it's for
the Financial Review anyway. This whole argument that somehow these
guys are ripping us off creaming it, it simply isn't true.
And the more you read into the business side of

(39:33):
the equation, the better a the better informed you are,
and you just start to wonder how much this is
political as opposed to bottom line seven seven twenty four.
Time now to marke the week little piece of news
and current events that that sunny and Butch say, keep
them sane on the long wait to February are the
economy for between the GDP and the current account. It's
a bad week of data. Upside as you heard with Nikolie,

(39:55):
you could argue it might be the worst of it.
It might mean there are better times ahead. Are the
Fed six where they go, we all go. They think
they've done their job. The post COVID Central Bank angst
could finally be done Glasgow. Seven. Commonwealth games are saved.
Poles six Poles are always fun. Two this week both

(40:16):
bad for labor, good for the government. Auckland CBD Sex.
The crime stats are the tangible things that lead to
good poles for the government Hamilton Sex to who we
Are and Jitsta Now we're talking whining unions. Three this
week it was relieving teachers name me the last time

(40:37):
union said something anything positive. Minerals Sex the release of
the critical Minerals. That list told us a couple of things. One,
we've got lots of them too. We've never done a
list before, which seemed mad. Three they're an economic boon.
Do we need an economic boon? Yes we do. Are
the race Edict eight because doing stuff, handing stuff out
based on nothing more than race is fed farmers one

(41:02):
hundred and twenty five.

Speaker 1 (41:05):
That's a bottle boy.

Speaker 3 (41:08):
We advocacy groups in this country. I think they could
be choice to be my favorite Hot New Zealand. Six
for the eat Local campaign this week and in hard
to believe you need to encourage people to support local
when it comes to fruit and vegetables. But there you go,
you're black. Seven. Australia comes at just the right time.
I reckon what we need off two losses? Is someone
really useless Australia come on in wait, wait, wait, Liam Lawson. Nine.

(41:30):
If the word is accurate by the time the weekend is,
we will have our next full time driver in Formula
one Pizza Hut four. I'm not sure.

Speaker 12 (41:44):
It's got stuck there the button. We're working it out.
There we go.

Speaker 3 (41:50):
Okay, I'm not sure what's worse offering and all you
can eat all the fact it's sold out in minutes. Yuck.
That's the week copies on the website and this has
been endorsed by one hundred and eleven former Republicans as
well as Taylor Swift actually asking let me come back
to Tory far now, because I've got the list of the
mayor's salaries around the country and I've worked out where

(42:13):
you actually want to be MEP because and it's not
where you think, and it's not where you earn the most.
It's the bang for buck equation. But I'll come back
to that and if I get time. There's another poll
out this week as well. But what we need to
do is cross the tasm and talk to Will Jordan.
Last time we talked to Will, he was just coming
back from the surgery and the shoulder and so we
talked about the psychological impact of coming back and whether

(42:34):
you favor yourself and he's gone on to lose all
the games. Now we don't personally blame Will for that.

Speaker 12 (42:39):
It does seem to be a connection, man, but there.

Speaker 3 (42:41):
Does seem to be a connection. So Will Jordan out
of Australia for us on the rugby. Then of course
we'll do the week with Tim and Katie afterward. That's
after the news, which is next here at news Talk set.

Speaker 2 (42:52):
The Breakfast Show You Can Trust, the Mic Hosking Breakfast
with the Jaguar f pace cut from a different CLIs
News Talk's Envy.

Speaker 3 (43:01):
Tim and Katie after right, of course, and we will
go to Murray Olds in Australia. A lot of interesting there.
What was their employment unemployment yesterday stayed steady at four
point two percent, So they're going through the same acting
thing that we're going at the moment, and growth and
unemployment and central banks and stuff. Anyway, Murray Old's and
about in our time, another crack. Speaking of Australia, another
crack for the All Blacks. This weekend, We've got the
first of the blenders Low tests in Sydney tomorrow afternoon.

(43:22):
Will Jordan with us. Good morning morning, Mike.

Speaker 23 (43:25):
How are you.

Speaker 3 (43:26):
I'm very well indeed, mate, talk us through the last
couple of days, the trip back from Africa and this
this week off. What have you done with it?

Speaker 23 (43:32):
Yeah, I mean it was a pretty big tour to Africa,
obviously a couple of big games through episode. So I
think we got back to christ Huts kind of Tuesday morning,
so I was a pretty first half of the week,
just sort of recovering both mentally and physically. Yeah, you
could to spend some time with Stanley. My brother was
back from the UK, so good to connect with him

(43:52):
for a little bit. But yeah, I think the whole
sense mon if the group was there, We're very excited
to get back in camp and get stuck in this.
So now could to be back in camp with the
boys and it's been a good few days in Sydney.

Speaker 3 (44:04):
And what about the camp this week and what you've
done and what the result has been.

Speaker 23 (44:08):
Yeah, I think just trying to take the good part
to their game from the two tiest in Africa and
build on those and just be more consistent with it.
I think, particularly around our attack, we were quite happy
with the way we're able to manifit the Africans a
little bit and so we had some good shape here.
I think also just adjusting to the way that OSSI's play.
It's obviously stylistically a little bit different around how they

(44:29):
to stem with perhaps a bit more of a push
team rather than in your faceline speed and the threat
step brings. So a little bit of a focus on
us around our game. But also yeah, just getting used
to a different style and a different challenge.

Speaker 3 (44:44):
And what about you personally, I mean last time we
had you on the program, you're about to be back.
You had your shoulder, your surgery, all that sort of thing.
Have you come through that, well, you're feeling good.

Speaker 23 (44:51):
Yeah, the shoulders feeling really good, which has been pleasing.
I guess for me, I've sort of been back for
well four or five games now sort of probably yeah,
I guess over the first few weeks of still fine,
must be a little bit around, a bit of timing
and that sort of thing. So I guess the feeling
for myself around Yeah, I had a few decent reps

(45:13):
in some game time, so time to start really ahead
of my straps, I guess, much like the rest of
the team was sort of past the halfway point of
the season now, so yeah, looking to personally be more inferential,
and I guess to the team, looking to start getting
some results in the water.

Speaker 3 (45:29):
Now. I know you'll be diplomatic about this, but Australia
of course, and not South Africa, so you've got to
be feeling reasonably good about that.

Speaker 5 (45:37):
Yeah.

Speaker 23 (45:37):
I mean for us, there's always like we know how
important the middles Low Cup is, so I think within
that that provides enough edge and energy amongst the group,
like it's a cut we hold pretty daily to our hearts.
So the thought of losing it still he provides plenty
of fear and the thing to find out its footy
if you're not right on your game and you allow

(45:58):
teams to kind of get into a bit of flow
and get some self belief, which the Aussies can do,
then I can quickly turn to a tough night. So yeah,
for us, it's about Yeah, it's maintaining or even listing
on our intensity from over and over in Africa and
making sure, yeah, we're able to kind of put them
on the back foot to start and then play a game.

Speaker 3 (46:20):
And what's been the talk within the team about the
season so far? You lost to Argentina, a couple of
losses to South Africa. Where are you guys at at
the stage of the season. Are you in any way,
shape or form feeling the pressure?

Speaker 23 (46:33):
Yeah? I mean to start off, you're always fearing the
pressure a little bit, like you know how much support
we have back home and how much the yeah you're
on public wants your becks to do well, so you're
always mindful of that and yeah, trying to do your
abys to make them proud of you. I think in
terms of where're at, like the lost Argentina at home
is certainly very disappointing, and similarly the two losses to Africa,

(46:56):
particularly because we gave ourselves a good chance to win
three games and then fell away in the last twenty
heard it, but I guess yeah, from a still a
lightning point of view, we felt like against Africa we
played some pretty good rugby. Like I touched on before,
I think with our attack we're able to find some
space against the rush to finch to rush defense which

(47:17):
would struggled with a little bit in the past, and
defensively at times are pretty good. Probably that our selves
down a little bit on the discipline front, So probably
someone where I touched on personally, like, yeah, we're halfway
through the season now, so we've had enough time to
sort of build some combinations, worked through a bit of
a new style of player and the Razor, and yeah,

(47:37):
I think it's just time to go out there and yeah,
do it for eighty minutes and start getting some results.

Speaker 3 (47:43):
Backing up, Yeah, I was going to ask you about that.
How you're finding Razor, I mean, giving your experience compared
to some of the others and the team who haven't
worked under him, Are they generally, you know, feeling good
about what he's about and what he brings.

Speaker 23 (47:55):
Yeah, I think so. I think there's always the key
things just to kind of get to know each other
as people and understand what makes people taken. Yeah, what
what's going to be able to get people at the ABYSS.
And that's what Razor has always been messive on around
kind of man management and really understanding his players. So

(48:15):
I guess myself, I already had a pretty good relationship
with him. So I've enjoyed the combos that we've had.
And yeah, I think just from a fourteen point of view,
it just takes time to build that. Like I say,
I think everyone's pretty excited about where we can kind
of get to and this kind of foundations that we've got.
I guess just about putting them all together, and I

(48:37):
think that's starting to build and guys who have maybe
had less experienced the Razor and Scottie and the likes
of starting to build those conditions. So that's gonna be
crucial for UST moving forward. And hopefully, Yeah, wrong the
way to doing that You.

Speaker 3 (48:50):
Check the forecast at all? Does it matter?

Speaker 23 (48:52):
Yeah, I have the forecast looking pretty sunny this week. Yeah,
we've had yeah, good three or four days away to
hear certainly pretty hot. So the boys have had a
good sweat on three forty five kickoff here, so yeah,
you'd expected to be pretty hot running footy. Both teams
like to use the ball and plays so personally as now,

(49:13):
so I bet that's pretty exciting. And there's a team too.
Hopefully we'll be able to play a decent tempo, get
some fritigue into the game, and yeah, be able to
show show our skills. So now I'd be pretty excited.
Come yeah, four o'clock.

Speaker 5 (49:27):
So they good on you?

Speaker 3 (49:28):
Well, Ike appreciate it very much, will Jordan? Who's when
he says four o'clock that's Australian time. Six o'clock in
New Zealand twenty four degrees and a very very barely
noticeable northerly in Sydney seventeen away from six husky. Good
for golf, good for rugby in the in terms of fairness,
the poll out earlier on this week politically was a

(49:50):
disaster for the Labor Party, so they managed to get
their own poll out this week Tulbot Mills yesterday Tulbert
Mills survey for the Labor Party. So what have we got?
They're better national still up to thirty seven, but Labour
stitdy on thirty two, so not the disaster. The other
pole showed them as the Greens on ten, act on
eight and New Zealand first on six to Party Mary

(50:11):
three point nine, how about that Marory Party MPa, how
about the Mary Party mp calling everyone in the house
a liar? And Peter's standing up and going you can't
call us liars, and Jerry Brownly, who was asleep, goes,
I didn't hear it. Did you call them a liar?
And he goes, no, they check their hands are and
he did. So he's going to have to correct the record,
such as such as the malaise that pervades the political

(50:33):
system these days. Wrong direction, right direction, wrong direction forty
seven forty two. Forty seven percent of us believe we're
going in the wrong direction, forty two percent think the
right direction, so that's coming right and turning around. Forty
eight percent of us either strongly or somewhat disapproved of
the government, forty six percent strongly or somewhat approved. So
that is a real tight race at the moment. So

(50:56):
a better picture for Chris Hipkins, who I believe his
London trips as we speak, I think he's landed in
London and he goes, how much do you get SAKIA
for those suits? And where do you get that money from?
Would that be his opening question seven forty five, miked
Wellington mayor, And I use the term loosely is a disgrace,
and saying she can't make ends meet and one hundred
ninety grand as an insult to all the struggling rate players.

(51:17):
Is she too stupid to see that? Probably? John. Here's
the funny thing. So I'm reading yesterday's stuff, and who
doesn't like reading stuff when they're board? So anyway, they've
got this interview with Tory Farnow yesterday, which they claim
is an exclusive, So I'm thinking, are you serious?

Speaker 8 (51:35):
You guys?

Speaker 3 (51:36):
So they're claiming it's an exclusive, and they're upset because
in this exclusive she doesn't want to talk about the
sale of her car and making ends meet, and I'm thinking, well,
why would they be asking her about that?

Speaker 12 (51:50):
Maybe that's what made it exclusive.

Speaker 3 (51:52):
She's you know, oh, I see what you're saying.

Speaker 12 (51:54):
Sorry, this is the only interview where those things aren't brought.

Speaker 3 (51:57):
Up, that's right, So my apologies. I thought, how would
she be why would they be asking about that? Well
that's because she talked to Nick two days earlier in
what I can only assume was another exclusive. So a
whole week full of exclusives all over the place for
the media.

Speaker 12 (52:13):
Yeah, which one's more exclusive? Which one that's more information
in it or the one with not all the information
in it?

Speaker 3 (52:18):
How many interviews do you need to give in a
week before it's not exclusive? Now? Anyway, here's the point.
So Wayne Brown obviously earns more than anybody else three
hundred and six thousand, or if you want to be precise,
three hundred and six thousand, nine hundred and fifty two
dollars film major in christ Church two O seven comes
second or two O seven four hundred. Tory On one
ninety is right up there. Hamilton Paula, she's earning one

(52:41):
eighty seven. Chathams is the cheapest. Monique is on fifty
nine thousand, five hundred and thirty two. Kai Koura Craigie
and old kai Kurra eighty nine thousand, I reckon eighty nine.
He was close to being what I reckon eighty nine
and kai Kura I mean crayfish being what they are.
I understand the problem there. But apart from that's fairly
cheap living in Kaikura carted and Ron one O four

(53:01):
Why Matty Craig one O eight Westland Mayor Helen is
on one o nine, So your winner, I would have
thought everyone else, by the way, earns between one eleven
and one eighty six. First of all, there are too
many mayors, let's just say that for a start. So
when you add up all the eighties, nineties, hundreds, two
hundred and three hundreds, that's hundreds of millions of dollars
or teens of mellis.

Speaker 12 (53:21):
To how many sets of beach steps you could build,
how many big receips.

Speaker 3 (53:24):
Yeah, exactly precisely. But I reckon the best being for
buck Meir's job in the country is Westland Mayor Helen
lash at one hundred, nine thousand and sixty five. I
reckon if you're earning one hundred and nine thousand dollars
living in Westland, your quids in see three hundred sounds
like a lot of money. In Auckland for many it is.
I get that. Don't go crazy on me. But living

(53:46):
in Auckland's expensive. Living in christ Church is expensive. Any
major city is expensive. I mean in Wellington. Have you
seen the price of living in Wellington? Next thing, you know,
you got a earlier car.

Speaker 12 (53:54):
For God's sake, have you got old Ben Bell down
and Gore.

Speaker 3 (53:57):
There very good question. No, they didn't do Ben Bell,
but he will be between one eleven. That's a very
good point. Actually, if I'd known what Ben's actual salary
is could be close Gore Gore, he'd be on a
one hundred and what one twelve? One hundred and twelve
in Gore, I mean that Ben's rolling.

Speaker 12 (54:14):
Yeah, but I mean it has been a complicated role,
has it is?

Speaker 3 (54:17):
Some of that's on him, to be fair. But so
if you keep it simple and you're on one hundred
and ten Ish Westland or Gore, I reckon your quids.
And what do you think? Night Away from eight.

Speaker 2 (54:29):
For the Mike Costing, Breakfast with Bailey, three Estates and
news togs Zby.

Speaker 3 (54:34):
I might never mind. The me is what about the
CEO's yea CEOs defend you know. CEOs are actually responsible
for things and make decisions as opposed to me as
who just turn up to meetings. Here's my other working
theory at the moment. It came out of a really
interesting article I read, not on stuff. Funnily enough, it
was in Sydney Morning Herald. The Climate Council in Australia
had a look at who's got solar on their roof.

(54:55):
Now you're supposed to have solar on your roof so
you can save the world, which, of course is crap
because people only say they want to solve the world,
they won't actually do anything to solve the world. Hence
we haven't solved the world. What you'll put solder on
your roof for is to save money. So who would
be more likely to be wanting to save money? Answer?
People without money. So what they've found is rooftop solar

(55:16):
is on less than twenty percent of detached and semi
detached homes and inner ring suburbs in other words, wealthy suburbs,
and its way higher in the outer suburbs. The higher
the household income in a post code area, the less
likely they were to have solar. Why because quote unquote
rich families don't need to save money. And the reason
I got involved with that is because I read the
latest Earlier on this week, I mentioned the new stake

(55:39):
that's coming from about meat or what are they called
meatless meat? About meat whatever they're called. Beyond Yeah, beyond meat.
There's a company in San Francisco, no less, called a Tomo,
which is about to launch the beanless coffee. And the
problem with beanless coffee is it doesn't taste like coffee,
and so they argue. And so the beyond Meat people
are now arguing. Having failed the first time around, they're

(56:00):
now arguing, it's good for your health. So forget the
climate because that one failed on them. Now they're arguing
it's good for your health. The beanless coffee people haven't
worked out the argument about saving the planet doesn't work.
So they go, here's some beanless coffee, and you go,
it doesn't taste like coffee, and they go, but don't worry,
you can save the planet. So that's not going to work,

(56:22):
and there's a photo. Look it up. It's actually well worth.
A new beamless coffee emerges, but does it taste any good?
The woman selling you has the sort of fringe you
would expect a person who's selling you beanless coffee to have.
And that's before we get to Sami. Now, Samy, unbeknownst
to me, has been into some nefarious little night time activities,

(56:44):
and it involves traveling great distance, spending tremendous amounts of
money on what really is nothing.

Speaker 12 (56:54):
More than a disgusting Habit is that what you'd call.

Speaker 3 (56:56):
It child is fad or disgusting habit? Possibly both? Anyway
more in a moment after the news, which is next big.

Speaker 2 (57:06):
News, Bold opinions, the Mic Hosking Breakfast with Bailey's real Estate,
your local experts across residential, commercial and rural news togs,
Ed Beach, I like.

Speaker 3 (57:27):
You almost immediately. This is Sookie Waterhouse. Who I it's
one of those names. You go, I know that name, Yes,
I do. Then she's a member of Daisy Jones and six,
which is a television band, a fictional television band which
I don't know. Anyway. This is only a second album,

(57:48):
which would make it a sophomore album. The full length
debut was I Can't Let Go. That was a couple
of years ago. She's back now with what they would
loosely call a double album because there are eighteen tracks.
Most of them are very very short, like they've almost
run out of inspiration after they got starters, and so

(58:09):
they only come up with, despite eighteen tracks, fifty ten
minutes worth a new with them.

Speaker 2 (58:14):
Take a ll leaders a week in review with two
degrees fighting for fear for Kiwi business.

Speaker 3 (58:20):
It is aimnutes past day time to welcome to the program.
Tim Wilson, Kate Hawk's be good morning, good morning, just
regaling everyone, Ca, do you remember when we got our
checkbook nicked out of the letterbox that day?

Speaker 24 (58:31):
Oh, I've forgotten about that. Those are the days checkbooks.

Speaker 3 (58:35):
That's right, exactly. Well, that was the problem. That was
the funny side of the story, because of course we
looked like luddites even back then, because this was a
number of years ago, we looked like luddites for still
having checkbooks, because people would go, why do you still
have a checkbook? Now? I suddenly thought that's probably not
a bad question. So that really was the end of
the checkbox, wasn't it.

Speaker 24 (58:51):
What did we do about that, the checkbook that got.

Speaker 3 (58:52):
Stolen, Well, we involved the police in the bank and
a lot of judicial procedures, and there was a person
who was convicted.

Speaker 24 (59:00):
Oh, I've blacked that whole thing out because I don't
remember anything.

Speaker 3 (59:04):
Are you like triggered at UPDSD ing? There is that
like something a traumatic.

Speaker 24 (59:09):
That is quite triggering, that's quite triggering.

Speaker 25 (59:11):
Hey listen, can I tell you sh I tell you.

Speaker 3 (59:15):
Yep, yep.

Speaker 17 (59:16):
So so I ran a bit sort of dough at university.
So Mum and Dad cut me well, and I just said,
I'm sure to doe. And so they sent me a
three hundred dollar check which I tore up an emailed back,
not emailed mailed back, pardon me. I'm in a bad
habit and because I wanted to. I want to stand
on my own two feet. And then Dad hit me
up for the seven cent check duty. Seven cent check duty.

(59:38):
Come on, you're wasting money on him.

Speaker 3 (59:41):
Well, and you got by, obviously, and it all worked
out well in the end. By the way, So Sammy,
you alerted me this Katie last weekend and I completely
forgot about it, and she raised it on the program earlier.
So Sammy is out in is it South Auckland, tucking A?
He he is South Auckland, Takaninni and he's out in

(01:00:03):
South Auckland and Taccaninny. He says it could be Flatbush.

Speaker 24 (01:00:08):
That's a long way away.

Speaker 3 (01:00:09):
It's a very much okay if he's not. If you
live in Tacaniny, it's local. But he doesn't know. So anyway,
he's he's gunning up the Nissen, the R thirty five
four speed manual and he's taking it with hotted exhaust
and he's taking it down south to TACANINNY. And you
know what he's buying.

Speaker 25 (01:00:27):
That sounds like sounds like you need the methane vaccine.

Speaker 3 (01:00:29):
But carry on anyway, what's he what's it? What's he buying? Caddy?

Speaker 24 (01:00:34):
He's buying a bespoke made just for him, very hard
to get and demand. Chocolate bar.

Speaker 3 (01:00:39):
That's correct. Is this the Dubai it's the due bar.

Speaker 24 (01:00:42):
I probably spent. Yeah, I mean the chocolate bar was
a fortune. Are you going to reveal the cost of
the chocolate bar?

Speaker 3 (01:00:49):
Seventeen dollars a bar?

Speaker 24 (01:00:50):
Yeah?

Speaker 3 (01:00:51):
And do you know how many bought?

Speaker 14 (01:00:54):
Oh?

Speaker 24 (01:00:54):
I thought he only bought one.

Speaker 3 (01:00:55):
No, that's a sad story. First of all, he goes
down by his one, but because they don't have his
favorite flavor, he goes back. He goes back because he
wanted ashio, which is his favorite flavor. So he goes
back with the pistacio and he buys. I didn't realize.
I didn't realize Savvy was Pakistani. But he's gone and

(01:01:17):
bought thirty three blocks of this Dubai chocolate, thirty three
thirty he has not he hasn't. He brought five and
then he goes, because he's going red in the face
when we were ripping him a new one in the
in the in the in the control room before, because
you've gone rid in the face. He goes. Three were
for me and two were gifts. And I thought, what
a pile of crapez.

Speaker 24 (01:01:39):
Spent a lot of petrol on that. To have you
add up the whole sum total, he.

Speaker 3 (01:01:43):
Goes in this end, Yeah, the tires.

Speaker 24 (01:01:45):
That's quite an expensive chocolate.

Speaker 3 (01:01:46):
Yeah, exactly, so for people who don't know what to
buy chocolates. Here's the other weird thing. The other weird
thing is it's sold out of a woman's house. There's
no shop, apparently the Nightmark it's the Botany night Markets.

Speaker 24 (01:02:04):
It's gone viral. It's a big, it's a it's an iconic.

Speaker 3 (01:02:08):
No, no, no, that's the problem. It's not iconic and
it's not cult. It's on social media exactly, and a
bunch of losers on social media hoping their importantness and
r thirty fives and gun their way to tacking they
and chocolate from Sharon who cannot believe her luck. In

(01:02:31):
the number of sers, it'd be like somebody listening to
a radio show and hearing an idiot talk about kim
Chief fakes. That's actually and.

Speaker 12 (01:02:39):
I think I think they're also sold out of a
woman's house now that I think of it.

Speaker 25 (01:02:43):
Yeah, yeah, yeah, thank you, Glenn. Think you're necessary corrective here.

Speaker 24 (01:02:48):
Now the Kimchi Sprinkles, that's a legit company. I don't
think that's coming out of a house. I mean, I
think it's a married couple who run it, But I
think it's a legit company.

Speaker 3 (01:02:56):
So it's.

Speaker 12 (01:02:58):
So it can't be a legit company. Ef it's run
out of under its Yeah, Kate, before you.

Speaker 17 (01:03:05):
Okay, you just donated about half the small businesses in
our country.

Speaker 3 (01:03:10):
Come on that are you anti k Are you anti business? Katie?

Speaker 24 (01:03:14):
I resilved from that commune immediately. Don't get the BA
on me for goodness sake.

Speaker 25 (01:03:20):
Hey, guys, can you can you stop? Can you stop
me explaining to Katie.

Speaker 3 (01:03:23):
I'm going to back up, Katie, it's not fair. I
need to take a break. Hey, we need to very
quickly get onto Luke Combs because he's coming and tickets.

Speaker 17 (01:03:32):
Yeah, and I need to get on. I need to
get on a problem that you've got that I want
to unpack.

Speaker 3 (01:03:36):
So yes, coming out problem. How I'm just writing down
the stuff we need to cover on the second half
problem to unpack and Luke Comb's tickets more than thirteen
past eight.

Speaker 2 (01:03:47):
The Weekend Review with two degrees bringing smart business Solutions
to the table.

Speaker 3 (01:03:52):
Stand by Tim Katie. OMG. A lot of this, OMG.
I run my business from home, Kate. It's very legit.
There's a lot of you can't. You can't bag the sneeze,
you can't smee bag.

Speaker 24 (01:04:03):
I'm not I'm not being the I'm not No, I've
been misconstrained, Tim.

Speaker 3 (01:04:10):
Problem is what.

Speaker 25 (01:04:12):
Well, some people have drinking problems. But I wonder if
you have a vacuum cleaning problem? Can I can I
just ask you? Do you want to vacuum a lot
earlier than most people would think reasonable? I think we
know the answer to that, don't we.

Speaker 3 (01:04:26):
Do I vacuum most earlier than most people would deem reasonable? Yes?
Is that like you're in the day in the day,
will I vacuum it? About? What would win?

Speaker 23 (01:04:36):
I for?

Speaker 3 (01:04:37):
Four am? Ye? The answer up? We're into it four
am yep. Okay, okay.

Speaker 25 (01:04:44):
Do you find yourself passing vacuum cleaner shops that aren't
on the way home.

Speaker 3 (01:04:49):
No, why, I just want to.

Speaker 25 (01:04:52):
Because I just I just think it's with alcohol.

Speaker 17 (01:04:55):
Okay, Yeah, so look, I just want to how much
saliva have you got in your mouth at the moment?

Speaker 13 (01:05:00):
What is this about?

Speaker 25 (01:05:02):
I'm going to play something, yes, and I need I
need Glenn to just to just to watch you and
you need to assess internal internally. So just have a
listen to this.

Speaker 3 (01:05:16):
Okay.

Speaker 24 (01:05:18):
Now I'm going to turn it up.

Speaker 17 (01:05:20):
Just see how much the liver and the god?

Speaker 5 (01:05:29):
What is this?

Speaker 25 (01:05:30):
Is there more? Is there more saliva?

Speaker 3 (01:05:33):
You see?

Speaker 25 (01:05:34):
I think I just wonder a vacuum The sound of
a vacuum cleaner gets you drawling?

Speaker 3 (01:05:38):
Oh yeah, well of course it does. Yeah, why wouldn't it?
Especially Adon, You've.

Speaker 25 (01:05:43):
Got to go it's actually it's not a Dyson. But anyway,
that's another story.

Speaker 3 (01:05:47):
Is I think you've got to go to a group.
It's a melee. Oh, nothing wrong with the Oh it's
amazing experience. How you find the melee?

Speaker 25 (01:06:03):
How it's great, it's great for vacuuming the home office.

Speaker 3 (01:06:08):
There's nothing wrong with the melee. It's a bad though.

Speaker 24 (01:06:11):
Where where your theorious flawed? Tim?

Speaker 5 (01:06:13):
Is that?

Speaker 24 (01:06:13):
But he starts everything than most people. He's drinking espresso
at three am because because of his hours, in the
nature of everything he does than most people. So it's
it's by default.

Speaker 25 (01:06:23):
Okay, as his as his beloved, you would say that
the vacuuming is sort of in order generally, that's not
there's not an obsessive quality to it.

Speaker 3 (01:06:31):
No cleanliness. For you, tim cleanliness is next to godliness.
I rest my case. Do we briefly, Katie want to
mention our younger stories that still all on the on
the Q tail.

Speaker 24 (01:06:43):
We can't talk about her really at all.

Speaker 3 (01:06:46):
Even last night.

Speaker 24 (01:06:48):
Oh yeah, they had she she she she, she won
a couple of trophies performing.

Speaker 3 (01:06:54):
Don't say like that.

Speaker 24 (01:06:55):
It was very there's a lot of amazing. What I'm
always impressed with when I go to School of Events
is how much talent there is. You know, there are
young people out there doing incredible things, and they're talented,
and they're into it and they're so clever, and I'm
just proud of all of them. Actually, it's a really
it's always you always hear all the negative stuff about youth,
and we don't often hear how many of them are
actually doing really well.

Speaker 3 (01:07:16):
Most of them are, aren't they? And that's that's that's
a very good reminder. But I think, but I think
for our youngster who came home with two trophies, I mean,
certificate's one thing, but trophies are different and fantastic. And
a Shakespeare prize. I think all schools have a Shakespeare prize.
Don't Shakespeare prize everyone who?

Speaker 24 (01:07:32):
I think the Shakespeare thing is like everyone who participates
in the special Shakespeare thing gets.

Speaker 3 (01:07:38):
The Shakespeare Price.

Speaker 24 (01:07:39):
Yeah, but the trophies have her name on them, which
was she was very excited about.

Speaker 3 (01:07:44):
That's very good. A quick question, Yes, quick question. Yes,
we're actually quite quite.

Speaker 17 (01:07:54):
Quite are going to Are we going to be Are
we going to be jumping in a fast car deciding
that being never oak our hearts and get ourselves some
beautiful crazy Yeah?

Speaker 3 (01:08:03):
Yeah we will. How much is see? Here's the thing.
This is the boss, Jason, who's from music radio, and
here's I'm going to put this out here. He he
doesn't think Luke COM's going to sell out to Eden Parks.

Speaker 24 (01:08:16):
I worried about that too. I thought, oh two Eden Parks,
I'd go one. But he's been very bullish going.

Speaker 3 (01:08:24):
To That's what I said, I said this. You do
not announce two concerts if you don't know you're selling
out to You announced one, then you go, well, who
would have thought? I think, Thanks New Zealand will have
a second one. But they've gone to. They've gone to
with the prospect of three. Is what I'm saying. Well,
we'll be there, won't we We'll be there. Of course
we'll be there. It's fantastic. Who doesn't want to be

(01:08:46):
outdoors on a January night with a lot of drunk
people at a country music concert? Goodness, won't you be well?

Speaker 25 (01:08:54):
You can, you can, you can take you can take
your dison and clean up afterwards.

Speaker 3 (01:08:58):
There you go, don't you wind it up for me
one more time? Glynn? What you beck.

Speaker 14 (01:09:06):
On?

Speaker 3 (01:09:07):
Wait a minute? That was my that to run the commentary,
to run the commentary with it. By the way, look
up Katie for you. Zach Bryan this morning.

Speaker 24 (01:09:21):
Yes, he got a new song.

Speaker 3 (01:09:23):
No, he's having to apologize because he was drunk and
he was texting. And who did who did he go after?

Speaker 2 (01:09:32):
No?

Speaker 3 (01:09:32):
Not small, not sms, not smeez. Who did he go after?

Speaker 8 (01:09:36):
Oh?

Speaker 3 (01:09:37):
My goodness, Taylor and Travis. Oh just just look, just
look'll discuss it.

Speaker 24 (01:09:46):
Want you to have pop culture teas every.

Speaker 3 (01:09:49):
I'm trying to revive our relationship and I'll find you
more more and more down that particular track. So I'm
trying to be trying to be hip to the moment
and grew like what you're doing. Just just it's all
about the energy you brings, all about the romance. That's
exactly what it is. Tim. Nice to see you guys.
You have a good weekend and we'll see an expirit
at morning. Tim and Katie, it is eight twenty two
asking come I think us telling you we voted yes

(01:10:12):
at the UN on the sort of the resolution. None
of this matters. It's all complete irrelevancy. To the extent
the UN does nothing and voting means nothing and nothing
comes out of it anyway. We voted yes on a
resolution to sort of a two state solution to get
Israel out of the Gaza area, et cetera. The thinking
was Australia would do the same because people like Penny Wong,

(01:10:33):
Kevin Rude, all those guys very much in favor of
Palestinian state, two state solution, all that sort of stuff.
They ended up voting no because the things that Peters
was concerned about. Here some of the text instead of
acquiescing and voting yes and going on, we didn't like
some of the texts they said. Couldn't get it to
agree or a line, so we voted no anyway more

(01:10:54):
with Murray Oults in a couple of moments after the news,
which is next you at Newstalksz'd be.

Speaker 2 (01:11:00):
Trusted Sauce for news and fews, The Mic Hosking Breakfast
with al Vida, Retirement Communities, Life Your Way News.

Speaker 3 (01:11:08):
Togs headv The Bonetta Pistacio. Chocolate's yummy also and cheaper, Mike,
if you want to try fantastic chocolate, try the Volcanic
Chocolates Chocolate fish and don't try it. Don't knock it
to you. Try it. Apparently it's apparently it's the stuff.
And what's in it. It's got biscuit canefie. It's got

(01:11:29):
the caneffe in it. So that's who doesn't Who doesn't
love caneffi? Twenty two minutes away from nine.

Speaker 18 (01:11:37):
International Correspondence with ins and Eye Insurance Feace of Mind
for New Zealand Business.

Speaker 3 (01:11:42):
Murray Olds is with us.

Speaker 5 (01:11:43):
Murray, Good morning, Michael, very good morning.

Speaker 3 (01:11:45):
Do you find it difficult to work with young producers?
Has that been your situation over the years.

Speaker 4 (01:11:50):
I know, I'm very welcoming embracing of all ages.

Speaker 5 (01:11:54):
They can all bring something, you know.

Speaker 4 (01:11:55):
I just don't understand what a lot of them are
saying because they talk a different language. Is a different
English to me.

Speaker 3 (01:12:00):
My my producer drives like hundreds of kilometers right to
get what have you heard of Dubai chocolate?

Speaker 14 (01:12:08):
No?

Speaker 3 (01:12:08):
I haven't, Okay, So to Bai chocolate is this thing
that presumably came out of Dubai and it's got caneffee
in it?

Speaker 1 (01:12:15):
Do you know what is?

Speaker 5 (01:12:17):
I have no idea?

Speaker 3 (01:12:18):
No, no, exactly not that do I? So anyway, notither
do they, But that doesn't stop them driving hundreds of
kilometers to go buy.

Speaker 4 (01:12:24):
You can go past a buzz bar or chocolate fish
there a chunks are magnificent.

Speaker 3 (01:12:28):
There it is, there it is, And that's the age
old common seats that we need more of.

Speaker 5 (01:12:33):
Now you're putting your buzz bars in the freezer, Yeah
you got.

Speaker 3 (01:12:36):
Oh you've got to have the buzz bar and the
freezer absolutely otherwise they're too soft. That applies also to
wine gums. I found over the years. You make a
nice chewy wine gum, not a soft Your unemployment rate
at four point two is better than ours. And held,
are we getting to the sort of the light at
the end of the tunnel vibe about the economy or not?

Speaker 4 (01:12:56):
Yes, and no, four point two a very good number.
It is the same number as the previous month. But
here's the thing. In the August figures, nearly fifty thousand
jobs were created. Sounds great on the surface, but every
single one of them almost was a part time job.
Now what does that say, Well, it says that people
are not hiring full time employees because, as Joe uncertain,

(01:13:17):
in a very difficult and challenging financial environment. Over here,
inflation stubbornly sticky. Labor says it's cut inflation in half,
and that's true, but it's still well above that two
to three percent inflation target. The Reserve Bank says we
must hit before it's going to start cutting interest rates.

Speaker 5 (01:13:36):
So you've got this.

Speaker 4 (01:13:37):
People are working, Yes, they're working longer hours, more people
are looking for work. The opposition over here, Mike is saying,
as you might expect, they're trying to capitalize on what
is it fairly decent number, it says, yeah. But here's
the thing families are doing. It's so bloody tough, so hard.
Kids are reading week books for dinner. That people are
going out looking for second jobs to try and supplement

(01:13:57):
the household income.

Speaker 5 (01:13:59):
So there's good news and bad news.

Speaker 4 (01:14:01):
The politics on either side they're spinning for all that worth.
As far as interest rates are concerned, of course, that
half percent cut from the US Central Bank twenty four
hours ago, is that putting pressure on Australia will not
absolutely not. According to the Reserve Bank, that's not going
to budge. The Reserve Bank will not be budging. So
you can rule out any of this talk about early

(01:14:22):
elections and double disillusions and all the rest of it.

Speaker 5 (01:14:25):
There's no way Albanize is going to.

Speaker 4 (01:14:27):
Go to the polls while this economic challenge remained.

Speaker 3 (01:14:31):
Speaking of which the media Cinema, Herald Daily Mail made
a bit of it yesterday. Albanese was in the ABC
with a woman whose name I can't.

Speaker 5 (01:14:37):
Remember, Patricia Carbell, Yes, and she.

Speaker 3 (01:14:40):
Said fed etc. He goes, oh, well, they're cutting interest
rates because the American economy is much slower than ours,
which of course is completely and utterly incorrect, and so
every economist in Australia piles and is he being hurt
by that sort of stuff? Is he actually in does
he know what he's talking about or is this just
a bad day?

Speaker 5 (01:14:56):
It's politics?

Speaker 4 (01:14:57):
One oh one, ALBANIZI look at Luxeon in New Zealand.
They will say to you what they want to say.
They won't answer your questions. There's no Bob Hawks anymore.
There's no dare I say, Norm Kirks anymore. Are Paul Keating's.
These were leaders who spoke their mind. Now they're terrified.
They can't stray from the script in case someone says, buddy, hell,

(01:15:17):
look what Albaneze said this morning. Look but Luxon suggested,
Oh they're terrified, and they're managed by their media teams
to with an enswer their lives. God of the days
we had to get an honest answer from any of
these politicians, don't you, Reckon. They tell us what they
what they want to tell us.

Speaker 5 (01:15:32):
They won't answer questions.

Speaker 3 (01:15:34):
Just true, Hey, I tell you what this time you
started talking and we voted yes at the UN Normally
they don't raise you inn issues because it sort of
doesn't go anywhere. Who cares. But we voted yes on
the Gaza Palestinian thing, which semi surprised me because we
didn't like the text.

Speaker 5 (01:15:47):
One.

Speaker 3 (01:15:47):
I thought she's all pro Palestinian and all that stuff.
I thought you'd be laid down massa yes and you
came out with a no, which makes us no.

Speaker 5 (01:15:55):
We didn't say no Australia.

Speaker 3 (01:15:58):
Yeah, but it was because you could get the text.

Speaker 5 (01:16:01):
That's right, that's right.

Speaker 4 (01:16:02):
And I heard Penny Wong last night on the Evening
Current Affairs radio program and she was making the point
that Australia did want amendments to the text as far
as Australia was concerned, it was too.

Speaker 5 (01:16:13):
Strong anti Israel was too strong.

Speaker 4 (01:16:16):
And it's a very live issue over here, as she
can appreciate, I'm sure you understand all that.

Speaker 5 (01:16:22):
So as fat look.

Speaker 4 (01:16:24):
The resolution demanded in Israeli an end to Israeli Palestinian occupation,
all Australia wouldn't have been happy with that particular part
of the text, the resolution drafted of the Palestinian Authority
demanding an end to Israel's quote unlawful presence in Gaza
in the occupied West Bank unquote. Well that's just dynamite,
you know, it's too hot for Australia in the current climate.

Speaker 5 (01:16:46):
Even the abstention, though the oppositions come out said.

Speaker 4 (01:16:49):
Well, Australia was gutless, that should have said yes and
all the rest of it. Australia is not satisfied with
the wording. And these are very, very febrile times, very
you know, it's it's extremely challenging.

Speaker 5 (01:17:02):
Right set of words. Yeah, so we're on the side
of caution.

Speaker 3 (01:17:05):
I suspect now, I suppose does this work from home thing?

Speaker 5 (01:17:08):
Yep.

Speaker 3 (01:17:10):
I might be completely out of touch, but my understanding
in New Zealand is the vast majority of people are
back at work. Those who aren't to do a sort
of four to one, three to two whatever. Everyone seems
moderately happy with it. It is what it is. It's
settled down. It's not been the thing internationally that it
appears to have been, and including in Australia.

Speaker 5 (01:17:28):
Look, a lot of people are a lot of big business.

Speaker 4 (01:17:31):
I mean that some of the big banks, the you know,
the biggest employers are saying to their staff, come on back,
We're not interested in doing any work from home stuff anymore.

Speaker 5 (01:17:41):
Those days are gone. We want you back.

Speaker 4 (01:17:43):
You're more productive when you're in the office. You know,
in some cases, if you've got a young family, say
you'd be allowed to do a couple of days if
there's a medical reason why. You know, you're a valued employee,
but you for a medical reason that may have developed
post COVID, you'll be able to keep working from home too.
It's going to be common sense. But look, most businesses,

(01:18:03):
in most circumstances want most of their staff back. And
you just look around the Sydney CBD. I'll walk up
and down George to it, get down to Circular Key
and the like. There's a lot of places that are
really struggling, little cafes, midday restaurants for lunch. They're not busy,
and this is a big problem. They want to get
the inner city economy going again.

Speaker 5 (01:18:24):
And how do you do that.

Speaker 4 (01:18:24):
You get people back into the CBD, buying lunch, buying
the evening meals and so on.

Speaker 3 (01:18:30):
To work a couple on a Friday afternoon. Enough coupler
skin is on a Friday. This blitter is low. We
had Will Jordan on earlier and I didn't ask him
because he probably didn't know. But you're in the middle
of the NRL final season AFL final seasons is the
bledders like getting any cut for.

Speaker 4 (01:18:50):
A little bit amongst the rugby ficionaridos, and don't forget
over here. You've got Sydney and Brisbane. They are the
only real rugby cities. And look there's a bit of interest.
There will be a decent crowd. I at of the
Olympic Stadium. There's a couple of flies in the ointment.
I mean there's going to be a big rail strike
tomorrow and that's about the only way you can get
out to Olympic Park. Look, the other thing is too
Australia is fearing another flogging. New Zealand went to South

(01:19:13):
Africa narrow losses to the best team in the world
by a country mile, and poor old Australia. They were
twenty points to three up against Argentina and they finished
up on the end of a sixty seven forty seven flogging.
I mean in the second half it was like Teava schoolboys.
So there's that mindset that Australian rugby is getting hammered.
A lot of people are saying, oh, why have you

(01:19:34):
got a bloody ki we coach? Sure, because he's the
best going around.

Speaker 5 (01:19:37):
Thanks not too many Australians. But do you want Eddie
Jones back?

Speaker 3 (01:19:40):
Do you please?

Speaker 5 (01:19:42):
So here's the thing. Beware the wounded wallaby.

Speaker 4 (01:19:45):
Twenty two yards, twenty two years since they've had it.
And look Nick White's back. The last time they won
it Olympic Park. Nick White was the half back, so
he's a little yapper. But you'd have to say the
all Blacks are going to smack him things.

Speaker 3 (01:20:00):
I think they probably will. And I note the roosters
are in for a bit of a pounding tomorrow, Murray.
Is that possible?

Speaker 5 (01:20:06):
Sincerely? Hope? So they get their pants pulled down and spent.
Ye bye, mighty manly. I hope that's the case.

Speaker 3 (01:20:12):
Good on you mate, Go well catch up again to
Murray Australia for us, see with us next week. Steve's
back next week. So journing around the Greek Islands. This
show must pay some people well, mustn't it? Fourteen to
two It is eleven minutes away from nine. Mike, you

(01:20:32):
pay people well because you're the best. Barbe it from
me to deny the obvious. So the article, and this
is why I raised it with Murray. Is that the
best thing I read this week? I think almost is
eighty five billion. Eighty five billion dollars is what Australians
have saved by not commuting. It's an incredible number. Is

(01:20:53):
an eighty five billion dollars. Across New South Wales, they
spent fourteen billion a year on tsport services that collapse
to five fourteen down to five. It's come back a
little bit to twelve point six, but twelve point six
ain't fourteen, and that's before you've taken all the inflationary
aspects of it. In Victoria, transport service spending collapse from

(01:21:16):
ten to one billion. It's come back a bit, but
once again it's nothing compared to what it was. So
the cumulative savings to Victorians by basically going home and
no longer commuting and buying their sandwiches at the cafe
around the corner is thirty victorians is thirty four billion dollars.

(01:21:38):
So that's gone to the suburbs because it's not in
the CBD. And that's one of the I suppose economic
conundrums at the moment you've forced people back to workers.
Yes your commutes back, and yes you're buying petrol, and
yes you're running your car, and yes you're buying your
orange produce downtown, but suddenly Suburbia starts to be hit
because a dollar is spent just geographically depends where it is.
Isn't it nine away from nine?

Speaker 1 (01:22:00):
Breakfast with the Jagular f Base News Talks FB.

Speaker 3 (01:22:04):
It's nearly International Hobbit Day. Do you believe? Yes, there is.
It's a global holiday Hobbit Day. And to celebrate, we've
got the new epic stage production, The Lord of the Rings.
It's got eighty nine dollars tickets for sale until midnight
this Sunday. So The Lord of the Rings returns home
to Middle Earth to capture our imaginations and hearts like
never before. You can experience Tolkien's masterpiece on stage, brand
new environment, one meticulously crafted and enhanced by studying world

(01:22:28):
class theatrics and captivating music. You can take your seat
in the company of Hobbits. You can join them for
a once in a lifetime theatrical event that will enchant
both lifelong fans and new generations alike. So The Lord
of the Rings Musical Tale premiere at the Civic Auckland
from five November. But you'll need to be quick for
these tickets because they're going to get snapped up. That's
eighty nine dollars tickets until midnight Sunday. Go to l

(01:22:50):
otr on stage dot com to book your tickets. You
got that one. L otr on stage dot comsking, Is
that Luke Colmmes thing we're doing still applicable given that
we're not drawing it till monday. Let's say it is
because we were giving away a couple of seconds to

(01:23:12):
Luke Colmbs yesterday and we're not announcing the winner till Monday.
So I'm assuming you can still go to the Facebook
page an enter Mike. Did you hear Luxton say to
the reporter yesterday we don't care about freaking numbers, we
want outcomes, putting the reporter from his place. Yeah, I did,
and they sort of made a bit of a thing
about and he's losing his patience with the media, and
to be frank, I don't blame him. Five away from

(01:23:32):
nine Trending Now.

Speaker 1 (01:23:35):
Queen Chemist, where house's the home of big brand.

Speaker 3 (01:23:38):
Ftalmens Right, Mark Robinson, he's a Republican. He's a candidate
for governor of North Carolina. This is the number one
trending story online in America right now. He put this.
I'm going to do this backwards. He put this out
before the story came to light.

Speaker 14 (01:23:55):
Listen, let me reassure you the things that you will
say in that story, those are not the words of
Mark Robinson.

Speaker 3 (01:24:04):
You know my words, you know my character, and you.

Speaker 14 (01:24:07):
Know that I have been completely transparent in this race
and before, Folks, this race right now, our opponents are
desperate to shift the focus here from the substantive issues
and focus on what you are concerned with, to salatious
tabloid trash. We can not allow that to happen. And folks,
we've seen this type of stuff in the past as well.

(01:24:29):
Clarence Thomas famously once said he was the victim of
a high tech lenchend.

Speaker 5 (01:24:33):
Well, it looks like Mark.

Speaker 14 (01:24:35):
Robinson is too, by a man who refuses to stand
on stage and debate me about the real issues that
face you. Instead, they want to focus on salatious tabloid lies.
We're not gonna let them do that. We are staying
in this race. We are in it to win it, right.

Speaker 3 (01:24:49):
So that's what he was denying before it came out.
What just came out would come into Allegedly he made
on various pulling sites, called himself a black Nazi, wanted
to bring black savory back, admitted to peeping on women
in the shower as an adult, and that he enjoyed
transgender porn, despite a lot of his campaign being against
transgender porn.

Speaker 12 (01:25:08):
Well, that just sounds like salacious tabloid gossip.

Speaker 3 (01:25:10):
Sounds like salacious tabloid gossip.

Speaker 12 (01:25:13):
How about using Clarence Thomas, perhaps the most famously corrupt
political figure in the US, as an example.

Speaker 3 (01:25:20):
You spotted that one too. You can still apply for
tickets to the Luke Combs. The Luke Combs comp lives
throughout the weekend. You can do it until Sunday, so
there's a fun thing for you to do. If you're
not going to buy some do buy chocolate. Maybe you
can enter the contest and buy du buy chocolate and
enjoy the All Blacks and watch the f one and
then look forward to us coming back on Monday at
six o'clock as always, Happy Days.

Speaker 2 (01:25:43):
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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