Full Show Podcast: 21 July 2025

On the Mike Hosking Breakfast Full Show Podcast for Monday the 21st of July, we get our inflation number and it isn't expected to be good. Could it be outside the RB's band? And what will the Government do?

Is Queenstown at risk of becoming the next Barcelona due to it's growth and tourism? Locals don't want it, but can anything be done?

Andrew Saville and Jason Pine talk the All Blacks, Mike's predictions for the remaining All Blacks games - and what Andrew had to eat at FMG Stadium.

Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts.

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Episode Transcript

Speaker 1 (00:00):
In New Zealand's home for trusted news and views, The
mic Hosking Breakfast with the land Rover Discovery never stopped
discovering news, Togsdad b.

Speaker 2 (00:09):
Well, then what kind of the day implation day could be?
That aggs, which then leads to the question as to
what the RB does. Is the future of Nceea in doubt?
The Prime Minister does the Monday thing, The lads do
the sports things. Do Price and Richard Arnold do their thing?
Husky Welking of the day? Seven past six Conspiracy ran amuck,
last week has won. The Epstein case exploded into places

(00:30):
that never needed to and two Stephen Colbert got canceled
and linear television change forever. Epstein was a scandal because
in part Trump and his mates made it one. Papers
were to be released. The truth exposed the dirty air
for all to see. Pam Bondi, the AG, famously said
the fire was on her desk. Turns out it wasn't.
What was on her desk was a very small part
of what might or might not be explosive. She decided

(00:51):
it didn't need releasing. There was no story. The President
joined and told everyone to move on. Couldn't believe they're
still interested. That didn't work, of course, so he tarcoed
it and BONDI and the DOJ will release something shortly.
Whether that quells those that bay I doubt it. The
Wall Street Journal didn't help with the claim of a
drawing by Trump for a birthday of Epstein's lawyer's got
called in on that one. The suit against Murdoch is

(01:13):
now on for ten billion. Meantime, back at CBS, the
conspiracy theorists were out in force, telling us Colber got
sacked because he was a Trump hater, and the CBS
Paramount Skydance deal which got the Trump's seal of approval,
was achieved by Trump getting money out of the Harrison
w lawsuit and Colber getting booted. Colbert got booted, I
can tell you because this show doesn't make any money.
Late night television is dying. Has been for years. Three

(01:35):
years ago. Here's a fun fact. Three years ago, all
the late night shows put together brought in about four
hundred and fifty million dollars a year in ads. Last
year that fell to two hundred and twenty four to
fifty down to two twenty It's about a fifty percent drop.
You don't make money on those numbers. Colbert's show alone
had two hundred people working on it. The times they
are a changing, and as shocking as the call was,
there was no conspiracy. What the Murdoch lawsuit did was

(01:59):
get the Magan nutters off Trump's case for a while
ober Epstein, but didn't last long. The only thing that
was momentarily even bigger than that were the two SAPs
who got caught in the Chris Martin Kisskam disaster. Their
lives and jobs appear over and I'm sure lawyers are
involved in that as well. So intimation. If you're having
an affair, don't go to a concert. Linear television is
going through profound change, so it's not just here, it's everywhere.

(02:21):
And the Epstein thing, I don't actually think is a scandal.
They make it out to be. Its suited their political
purposes until it didn't. He's dead, she's in jail, and
you can't tell a conspiracy theorist there's no conspiracy after
you told them there was. That piece of stupidity is
on Trump.

Speaker 1 (02:38):
Wow, News of the World in ninety seconds.

Speaker 3 (02:41):
Now.

Speaker 2 (02:41):
I think we should start in good old Britain, where
the Prime Minister continues to find a bunch of people
in his own party that don't like towing the line.
His latest idea is to suspend them.

Speaker 4 (02:50):
I think it is fair that if you're part of
a team, you should be required.

Speaker 5 (02:53):
To play the team game.

Speaker 6 (02:55):
You can make your views known, but if you go
too far outside, you're actually onto mining the whole.

Speaker 2 (03:00):
Okay, we can't allow that. That's Steve Reed, who's the
Environment secretary, doing starers. But in other matters, the claim
that sewage pollution in that particular part of the world
will be harved in five years will Nigel as in Farage,
he's all over that.

Speaker 7 (03:12):
Well. I think we have to let the companies go
back to the shareholders and bondholders news all their money.

Speaker 2 (03:16):
As simple as that women's football team they're at the Euros.
They're on the receiving end of yet more racist keyboardism.

Speaker 8 (03:21):
We actually had to have meetings about before the tournament,
not just with racism but with online induce in general,
because it's such a huge factor, specifically in women's football
more now than in men's football. I think the social
media platforms need to be held accountable.

Speaker 2 (03:36):
They've decided, by the way to stop taking the knee
because guess what doesn't work. As regards the boat capsized
in Vietnam, thirty seven died. The survivor is grateful for life.

Speaker 6 (03:45):
There's still my husband, my children, my friend and their family.

Speaker 9 (03:49):
I hope they will all be rescued soon.

Speaker 1 (03:51):
Don't need anyone on the boat.

Speaker 8 (03:53):
The air is running thin, and hope for surviving is
running out.

Speaker 2 (03:56):
You've got and be in Syria, and we haven't said
that for a while. The sectarian clashes have the interim
government claims been sorted Mayhem right now. They were basically ambushed.

Speaker 8 (04:12):
We waited for them to move forward and then as
soon as large numbers of them were there that they
got hit.

Speaker 10 (04:19):
There's more for them.

Speaker 2 (04:20):
As I say, despite the gunfire, the government claiming it's
under control. We want to see in two eyes, not
in one eye.

Speaker 9 (04:27):
When we see in two eyes, we consoled z.

Speaker 2 (04:29):
Probably they didn't make any sense either. Finally, back in Britain,
where the Prime Minister not only has Dian Abbott giving
him growth, turns out he's got a sol of panel
problem as well. One of the first things they did
when they won the election was spent a couple of
hundred billion pounds to put Great British Energy solar panels
on schools and hospitals. Turns out gb Energy went out
and bought those panels, but they've brought them from China.

(04:50):
The government says they should have brought them from the UK.
So he's in more than ninety By the way, Singapore
got some growth. Wouldn't it be nice to be in
a country with growth one point four percent for the quarter.
That's for the second quarter, manufacturing sector booming. They're up
five point five percent for the year.

Speaker 1 (05:06):
Twelve past six, the Mike Asking Breakfast Full Show podcast
on iHeartRadio, Power by News Talks.

Speaker 2 (05:14):
EPI forget our inflation number this morning, so we'll have
more on that after seven o'clock. Japan got theirs over
the weekend three point three? Is that good? Kind of
because it was three point five their core core which
strips out your food and your energy, that went up
actually went from three point three to three point four.
But that's probably not as big a news, and I'll
also have that in the moment. But the government's lost

(05:35):
control of the Upper House in the election yesterday, so
that's not good. More shortly fifteen past six, certain Plund's
management Greg Smith, Good morning, morning to Mike, Now, what
happened with Netflix? Because I know they don't give subscriber
numbers anymore, but the market went down, but I thought
the result was okay.

Speaker 10 (05:52):
Wasn't it.

Speaker 11 (05:52):
Yeah, numbers are pretty good.

Speaker 4 (05:53):
It sees actually five percent lower, but they had been
training at record highs. And yeah, they still have over
a thirty five percent year date, so your numbers are
pretty good on themselves. Revenue growth of sixteen percent, eleven
billion needn't come up fifty percent. Three point one billion
dollars a work a US dollar really helps them out
the end. Free cash flows up ninety one percent to
two point three billion dollars. So yeah, no subscriber numbers,

(06:15):
but they lifted revenue guidance forty four point eight to
forty five point two billion for the full year. Members
growing pretty well, Prices are high, AD cells are going well.
The move towards this AD support tea it's been a
master stroke. AD revenue expected to double this year, so yeah,
what disappointed? I suppose expectations were high. They also said

(06:36):
that margins could fall a bit over the next quarter
or so, and that's DUDO love upcoming releases they want
to push. So the finale, have strange things that will
be eagerly waited by many happy Gilmore two in Frankenstein.
And there's also been a little bit of a concern
that weile member numbers are going up. The engagement hasn't
been as strong as it could have been viewing ours
newser activity. So it was a bit of a feature

(06:57):
on Friday in terms of good results in price reactions.
That's American Express as well. They had recalled card members
spending with four and sixteen billions. It's a pretty good
read on the US consumer. Sure, they've been tilting towards
younger customers. American millennials and Gen zs are much better
at sort of paying your bills on time, which is interesting.
Revenues up nine percent in nine point nine billion earns

(07:18):
a head of expectations. Again, she is lower, but they've
had a pretty good run out. They're up thirty percent
since the April lows and also three as well. They
are at the post making but also a bit of
a bell whether they were lower as well following their results,
but again they've had they've had a good run They're
still up twenty percent year to date. So despite this
saw on Friday my ending seasons off to a pretty
strong start, good twelve per cent. A company is supporting

(07:39):
eighty three percent of beat Nest of its thus.

Speaker 2 (07:41):
Far and Berbery, which is interesting because one it's part
of the luxury story and two they've had a dreadful
time of plate So is their turnaround plan working?

Speaker 11 (07:48):
See it seems to be.

Speaker 4 (07:49):
The result was actually a bit cheek it excuse the pun,
but he comparable sales over fell by one percent for
thirty three million pounds. Actually said the environment's still pretty challenging,
and sales in Europe, Middle East, into un Africa they
were up one percent, America's up four percent, down five
percent in China and down four percent Asia Pacific. But
he invested just relieved the salesfall wasn't great as she is.

(08:13):
They roared six percent higher in London. Optimism about this
turnaround plan the newco, he's been there a year. He's
looking to take them back to their British roots, their
tartan pattons of course, outwear products such as scars and
trench coats, and also just trying to target and make
it a bit more of an aspirational brand again, getting
away from expensive handbags that sort of flopped a bit.
And also, of course it's any good turnaround plan does

(08:36):
the cutting costs, So they're getting downsizing their workforce by fifth.
So yeah, a lot of luxury good companies obviously flourished
in the wake of the pandemic and now the weathering.
I suppose a bit of a downturn. But Berby I
seemed to be weathering a storm but better now she
is up thirty five percent year to day and in
the past twelve months about eighty percent high.

Speaker 2 (08:56):
Interesting in sentiment US any good.

Speaker 4 (08:59):
Yeah, it seems to be in proving a bit. This
is a University of Michigan. The headline level edged up
to a five month high.

Speaker 11 (09:05):
Yeah.

Speaker 4 (09:05):
Part of this, Mike is actually ironically about falling inflation
expectations despite the tariff situation. So one year view declined
from five percent percent to four point four the five
year outlook that was down from a third straight month
to three point six percent. It's still to look at
an overall confidence still sixteen percent below the levels of

(09:26):
a year ago. And interestingly, there's a bit of a
split on how they see the economy faring vest as
their own personal situation. So business conditions outlook and proved
by eight percent, but personal finances that deteriorated, so perhaps
they need a bit more insurance over tariffs. Of course,
this is involved evolving, isn't it. We've got Trump say
he's pushing for a minimum tail from fifteen to twenty

(09:47):
percent on Europe. That's down from thirty percent, but you know,
and it's still.

Speaker 2 (09:50):
Be quite elevated.

Speaker 4 (09:52):
And he's also having to keep the auto sect of
tariff at twenty five percent. I just noticed as in
a side that the UK will be relieved that their
own tower has been reduced to ten percent. For so,
UK automobile production fell thirty three percent of May. That's
the lowest level since nineteen forty nine.

Speaker 2 (10:07):
Wow, all right, give me some numbers, mane Yes, the
doubt was.

Speaker 4 (10:11):
Point three percent lower on Friday forty four, three four
to two s and P five hundred. That was flat
but around a record high. It is still sixty twenty
nine six Nare's deck. That didn't make a new record
high point thirty five percent twenty eight ninety five for
one hundred ze point two percent. Nicket down point two
percent obviously reached that election over the weekends. That will
be interesting today a six two hundred, a new record

(10:32):
high as well for thee the next up one point
four percent intoex fifty we were downo point two percent
twelve eight eighty goal down ten dolls three three hundred
and forty nine and ounce oil down twenty cents sixty
seven spot thirty four currencies key we hire against the
US fifty nine points six, high against Izzi ninety one
point six higher against the pound forty four point five,

(10:52):
and a very lucky performance against the Japanese yen up
point eight percent eighty eight point eight this week locally
obviously got those inflation numbers, so obviously can talk about
them more Tomorrow. We've got the ABA minutes. We've got
Michelle Bullock, she's speaking US Home sales ECB rate decision
and a deluge of earnings bike. We've got over fourteen
hundred companies boarding in the US. European banks, Coca Cola,

(11:14):
Alphabet and.

Speaker 2 (11:15):
Tesla enjoy every moment of at Grigsmith Devon Funds Management,
ask Levi Strauss they're going to grow more than they
think this year. They're not overly worried by the tariffs,
which is encouraging, mainly because they don't manufacture in China.
But interestingly, I was reading and I didn't know this.
They don't tell anyone where they do manufacture. They keep
it secret, as though that's a thing. Also, PepsiCo came in.

(11:37):
You know how much Pepsi sold in the quarter, twenty
three billion dollars worth. There's a lot of sugary drink,
isn't it? Six twenty one. You're at News Talks EDB.

Speaker 1 (11:50):
Come the Vike Asking Breakfast Full Show podcast on iHeartRadio
powered by News Talks AB.

Speaker 2 (11:58):
Yeah, they're still counting. But they held Japanese election yesterday
for the upper House. It was part of the upper
House and the coalition needed fifty seats. This is a
two hundred and forty eight seat upper chamber. Most forecast
exit polls at the stage have them getting thirty two
to fifty one. Now, if they get thirty two, it's
a disaster. In fact, that they get anything less than
forty six, it'll be their worst results since nineteen ninety nine. Now,

(12:21):
if they scrape through and get the fifty one, they're okay.
But they've already lost control of the lower House in October.
So this guy who's running the place Ishiba. He's in
real trouble. So we'll see what happens today. Mike, where
was your Warrior's segment? Cannot surely go with that dimension
of last night's going. Yeah, I thought about that, but
I've been away and I got a lot to say.
And when I started that many years ago, it was

(12:43):
predicated on the idea that the Warriors were a bit
useless and so they needed some help along the way.
So we might win one, lose one, might win two.
Then we get excited that we could win three, but
we'd never win three, and so we need to start
the week with a win and go, you know, let's
gee everybody up. But now they just win relentlessly, and
it's almost like that when so much it's boring.

Speaker 12 (13:01):
So you're sort of the opposite of a fear with
a fan now that they're actually playing, because now that
they're good, entreprend But.

Speaker 2 (13:06):
We will talk about the Warriors later. Believe me, what
a game I six twenty five.

Speaker 1 (13:10):
Trending now with chemist wells keeping Kiwi's healthy all year round.

Speaker 2 (13:15):
But it shouldn't have been that close. Get excited all
you want, but it should not have been that close. Now,
decent year for the movies, Money's flying for the studios
at last. I'll have more on that actually before seven o'clock. Meantime,
we got a new trailer this morning from Netflix. Night
Always comes based on a novel about a woman who
goes on a one night journey in Portland's criminal underworld
to get enough cash to keep your family from being

(13:36):
a bit asking. No, that means to own a hole,
don't you, Kim? Yeah, it's really good.

Speaker 10 (13:42):
Know what it means.

Speaker 9 (13:43):
It means nobody's ever going to come and take you
away again?

Speaker 11 (13:45):
What is that?

Speaker 10 (13:46):
It's a car bout it now?

Speaker 13 (13:48):
I spent a whole down payment on a car and
he's going to be taken away and I'm going to
be out on the street again.

Speaker 14 (13:53):
Is that what you want?

Speaker 9 (13:55):
I'm going to fix this.

Speaker 2 (13:56):
Might just need a little bit.

Speaker 14 (13:57):
More time up.

Speaker 11 (14:01):
Am otherwise than top.

Speaker 2 (14:05):
Cash?

Speaker 1 (14:05):
Good doing this right now?

Speaker 2 (14:07):
I want you to have a come here again. He's
gonna ACTU to die, isn't it?

Speaker 15 (14:13):
You're not after alive?

Speaker 9 (14:17):
Do you think after ass you get?

Speaker 11 (14:18):
Trust me? Do you understand you're Freezy.

Speaker 2 (14:24):
Stars Vanessa Kirby So she was in the Crown. She
played Princess Margaret, also she was in the latest mission
Impossible and the upcoming Fantastic four, which is this week anyway,
it's out on Netflix the fifteenth of August. Spend a
couple of moments after the news. We'll talk about this
infrastructure thing six billion yesterday. To be frank, we sort
of will knew it was coming. I suppose the fact
it's finally starting is a good thing also out of

(14:47):
and I think the whole pipeline where everybody is hundreds
of billions of dollars in infrastructure, so a six billion
actually gonna make a difference. We'll talk to the Prime
Minister obviously, but we'll touch on this after the news.
Inflation day and we got ms around this and we'll
need to explain some of that as well. Meantime, News is.

Speaker 1 (15:05):
Setting the agenda and talking the big issues. The Mike
Hunting Breakfast with Bailey's real estate altogether better across residential, commercial,
and rural news togs Head be can.

Speaker 2 (15:16):
You believe we've had six months of Trump? Doesn't timeply?
When you found out? Richard Arnold with more on that
shortly at twenty three minutes away from seven good news
on building stuff back home, the announcements are turning into
actual things. A six billion worth of major infrastructure projects
are set to go between now and Christmas, hospital laboratories, schools,
amongst the mixed four and a half thousand jobs is
what they're claiming. Bernie Irvin is the executive director for

(15:38):
the Northern Infrastructure Forum and as well as Barney Morning,
Good morning. Is this a reheat or the real deal?
I mean we knew this stuff was coming, didn't we yeh, yeah.

Speaker 7 (15:48):
We did so. Look on the other on the one
here there's a bit of a so what with it?
I mean, needs these projects here, as you say, we're
due to be announced in any case, and arguably so
of them should have been announced earlier. But on the
other hand, what it shows is that we're getting through
to delivery on some pretty chunky projects and that is

(16:09):
going to be very welcome news.

Speaker 2 (16:12):
How should have given the pipeline? My understanding of the
ultimate pipeline of everybody building everything is, you know, hundreds
of billions of dollars. What is six buy? It doesn't
buy a lot of work in some good times for
a while.

Speaker 7 (16:24):
Well, it certainly does, and projects like Otaki's north north
of within mal Malon link, those are significant projects. And
then when you add that, you know, we are expecting
to see ground broken on some pretty significant road projects
next year as well, and other social infrastructure projects, prisons

(16:45):
and the like. So look, there certainly is a bit
of movement there and and you know, again that's it's
really good news in particular for the contractors after a
really lean period. The big question is how long can
it be sustained? How long can we sustain a growing
pipeline to them.

Speaker 2 (17:07):
Because what you're talking about with the pipeline is we've
got to get people lined up and you know, the
exodus to Australia and all that sort of stuff. Is
this a dent and that does this help the pipeline?

Speaker 7 (17:17):
Oh? Look, it certainly is a start, but we all
know the scale of the work that is required to
sort of bridge the gap and meet the country's needs
in the years ahead. And you know, and that's the
bit where we need to see progress. You know, we
need we need to work through these changes to planning,

(17:40):
the planning consenting regime. We need to you know, get
more consistency and policy making to stop these these sort
of flipflops between between one government the needs. We need
to make better use of private capital.

Speaker 2 (17:54):
All right, good to see it. Appreciate it very much, Bunny.
You have only served up and under we will we
raise us with the planners. So I'm not sure got
time to raise it with the prom and so I've
got so many other things on the plate today. By
the way, quickly election over the weekend, that was fascinating.
We'll talk to Steve about it later. Tasmania, everyone thought
that Labor were going to do well. So if you
don't know what's happening in Tasmania, and let's be honest,

(18:14):
no one does. It was run by a minority government
of the Liberals and the vote was called of no confidence.
Labour won that, so we're off to the races. And
everyone thought, because the federal election had been held in
the ensuing period, that Labor would do well. They did not.
In fact, they got their worst result in living memory.

(18:37):
But it ain't over. So more on that shortly twenty
two The.

Speaker 1 (18:41):
Mike Hosking Breakfast Full Show podcast on iHeartRadio powered by
News Talks EP.

Speaker 11 (18:48):
Now.

Speaker 2 (18:49):
Giving something different to go and trying something new is
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(19:53):
well in the Tasmanian election, but they're doing very well
this morning on a national or federal level because the
poll out this morning from the Australian primary vote for
the coalition is down to twenty nine. That's the lowest
number they've had since Newspoll started polling in nineteen eighty five.
So that's a disaster. And that's before you get to
the scandal that's surrounding them at the moment. Are Labor
thirty six, Greens and Independence one nation up a little

(20:15):
bit on the two part. He preferred fifty seven forty three.
So Elbow's traveling nicely. He spent a lot, so you
noticed last week he was in China. He seemed to
spend all week there. So he met Pops and says
Hi to g That seemed to go well, and then
he sort of goes on a tiki two for three
or four days instead of coming back to the country.
You know, I'm sixteen away from.

Speaker 16 (20:35):
Seven international correspondence with ends at Eye Insurance, Peace of
mind for New Zealand business.

Speaker 2 (20:41):
As for men of a certain statue wearing tight polo shirts.
That's for another day, maybe Richard, good morning.

Speaker 17 (20:49):
Good morning, welcome back mane.

Speaker 2 (20:50):
So six months of old Trump ya hasn't hasn't time?
Last to day?

Speaker 17 (20:53):
And so much more to come, says the Donald. But
then the headlines maybe not what the White House wanted today.
A new pole just out include one from CNN which
shows new concerns about the Trump deportation policy, fifty five
percent saying it's gone too far, So that's up what
ten points since the start of the Trump term. Fifty
seven percent say they opposed plans to build new detention

(21:14):
facilities like the so called Alligator Alcatraz in Florida, while
a CBS poll today has seventy percent saying Trump is
not doing enough to lower prices with all the focus
and fueral on tariffs. There is a strong partisan split
on all of these numbers, as ever, which leads again
to the Epstein scandal, which of course resurfaced in the
Trump baso that was rare the Trump faithful voicing their

(21:37):
angst on all of this. Trump stays silent on the
pedophile scandal through most of the weekend, then agreed to
the release of the Justice Department's grand jury testimony, as
Democratic critic Congressman Rocanic calls that a diversion since that
testimony deals with a minuscule amount of the Epstein files.

Speaker 11 (21:55):
He says, here's the problem.

Speaker 15 (21:57):
The grand jury testimony is largely about Epstein and Matswell,
not about all the rich and powerful men who abused, assaulted,
and abandoned young women.

Speaker 10 (22:07):
Those people are still being protected.

Speaker 1 (22:09):
Well.

Speaker 17 (22:10):
Trump has been able to turn the politics around. I
think as the Dems get into the Epstein saga, the
Trump base now is rallying around Donald Trump again. So
this is the way it turns, right. This was a
pretty savvy political move by Trump. However, the Epstein issue
has only been kicked down on the road basically, and
the Rippert Murdock Wall Street Journal says it stands by

(22:30):
its allegation that Donald Trump did a sleazy birthday drawing
for Jeffrey Epstein for his fiftyeth in three Trump is
for ten billion dollars US. That's b with billion dollars,
but Murdoch not backing down. The alleged birthday noted said
to show a black marker drawing of a naked woman
with a squiggly Donald in her pubic area, thank you,

(22:51):
and an alleged fantasy conversation between Trump and Epstein which
concludes with the words happy birthday and may every day
be another wonderful secret. Again, the President calls this a
fake and says, quote, I never wrote a picture in
my life. I don't draw pictures of women. However, a
number of Trump drawings doodles, mainly of the New York
Skyline and one of a money tree, have turned up,

(23:13):
and many legal commentators wondering whether Trump would really seek
to press his lawsuit to the point of being quizzed
about Epstein in a court deposition. The two men had
a nearly fifteen year association, including parties with cheerleaders and
models at Marra Lago and trips on one of Epstein's
private jets, and there are scores of cases of alleged
sexual abuse by Epstein or young off an underage girls,

(23:36):
while Epstein's ex Stacy Williams, is going public again now
alleging that Epstein, whom she says she was involved with
for four or five months in nineteen ninety three, saw
Trump at the time as his quote unquote best friends,
his quote bro that was his wingman.

Speaker 11 (23:52):
End quote is what she alleges.

Speaker 17 (23:54):
She now is repeating her charge that Trump groped her
in front of Epstein in nineteen ninety three outside his
New York office. Trump has denied that the White House
calls it fake news. William's claims were made during the
election campaign to to little.

Speaker 11 (24:07):
Effect, I'd have to note.

Speaker 17 (24:09):
Asked by CNN her take on the Trump denial over
the alleged Epstein birthday greeting, she says.

Speaker 10 (24:15):
Is that sound out of character to you?

Speaker 11 (24:17):
What are you kidding me?

Speaker 5 (24:19):
I know what they were up to together.

Speaker 1 (24:21):
It happened to me.

Speaker 5 (24:22):
I was polygraphed. I have the post assault postcard with
a love note.

Speaker 6 (24:28):
So I have the receipts.

Speaker 5 (24:29):
Where Donald Trump's receipts? Where are they? I know what
they're up together, and I know what that means.

Speaker 6 (24:34):
It's very clear it wasn't baking.

Speaker 17 (24:36):
Or fishing Epstein's ex Stacy Williams.

Speaker 2 (24:39):
There where do we get to in the nightclub?

Speaker 10 (24:42):
Boy? What mayhem?

Speaker 17 (24:43):
Police in la is searching for the shooter who opened
fire on the driver who drove his car into a
crowded footpath right outside a Hollywood nightclub. It appears this driver,
who's no been iddas twenty nine year old Finande Ramirez,
had been kicked out of the club for being disruptive
and turned his under the crowd waiting outside. Folks were
lying bloodied and dazed and crying out in pain as

(25:04):
the driver hit a food stand and a light pole,
which brought that to a stop, says a witness. Yeah,
some thirty people have been hurt, seven critically injured. The
young driver was pulled from the car and handcuffed by
club security. Then he was beaten by bystanders. But that
wasn't the end of it. Someone then took out a gun. Yeah,
this is LA, and shot the driver in the back

(25:26):
from across the street. That's the person police now are
trying to identify. Police responded in big numbers, more than
one hundred were on the scene, and LA Captain Ben Fernandez.

Speaker 2 (25:35):
Says very fortunate that died.

Speaker 17 (25:37):
Of the seven people hospitalized, six now listed in serious condition.
That driver has undergone surgery, he said to be stable condition,
and he's been so far charged with assault using a
deadly weapon.

Speaker 2 (25:50):
Good catch up see Wednesday. Richard Arnold State's Side. If
you've missed it, Cuomo's in This is New York. This
is a fascinating race. You've got to watch this race
when it comes up later in the year. And Darmi
won the sort of the party nomination if you like,
beat Cuomo. But if you look at the lineup for
New York mayor, every one of them's a thugger, a crooker,

(26:10):
an idiot, and including Adams, who's the current mayor anyway,
So the possibility was that Cuomo would run as an independent,
which he is, so it'll all split the field. So
it'll be fascinating to watch meantime, if you also didn't
follow it. Over the weekend, the Genius Act got passed.
And this is interesting because this is, as far as
I can work out, one of the few governments in
the world that have regulated stable coins. This is the
US house they've regulated stable coins, called it the Genius Act,

(26:33):
and so it'll be interesting to see where the whole
market goes because of that. Nine away from.

Speaker 1 (26:38):
Seven, the Mike asking breakfast with the land Rover Discovery News,
Tom said, Ben.

Speaker 2 (26:43):
I like retail store owner here, can you please raise
with the lux and the piece that John Key wrote
in the Herald over the weekend. What's concerning retailers is
that nothing's been done by this government to get the
economy going. It's all talk. I'm not sure that he
wrote a piece. I may be wrong, but what I
did get was he was at a Deloitte event last week.
He said, basically, the interest rates are one hundred bass
points too high and we need to fight. And he's
right as usual. Unfortunately, he's right when I say usually

(27:06):
he's not running the country and so we need to
And as I've said many times on this program before,
the Reserve Bank have completely misread the economy and they're
going to find out more today. At two point nine percent,
which was what we think the inflation rate's going to be,
they're thinking it's going to be two point five two
point six, which gives you, yet again indication they haven't
got a clue. And they spend far too much time
in a room with a whiteboard reading bits and pieces

(27:28):
of paper and graphs. Meantime, out here in the real world,
it's hard work, and they need to come to the party.
And while we're away. Of course, they didn't do anything
in July, and they may or may not do anything
in August. Anyway, I will raise it with the Prime
Minister mark my words five to seven.

Speaker 1 (27:44):
For the ins and the ouse. It's the fizz with
business paper. Take your business productivity to the next level.

Speaker 2 (27:51):
Right back to the movies. Moneymaker of the studios, Warner
Brothers the top of the pile. So far this year,
DC Studios is doing the business for them. They brought
in two point two to one billion at the domestic
box office so far this year. A third decent weekend
for Superman meant that they passed Disney twentieth century for
the top spot. Disney's bank two point one three billion
so far this year. That will change again after this weekend.

(28:14):
We got the Fantastic Four coming out Thursday. Our time
for Disney word is at least that's a one hundred
million dollar opening weekend. If ever, they saw one warners
a year. So far, They've got six movies that open
number one. Of those they pulled nine weekends at number one.
They also had five movies in a row that did
more than seventy five million. That's a first for any studio.

Speaker 5 (28:33):
Ever.

Speaker 2 (28:33):
Add to that the fact that they had the most
ten million dollar grossing days. They had thirty four to
ten million dollar grossing days. Is that surroundred and forty
million thirty four times ten being three hundred and forty
ce I got NCEEA levels one, two and three, the
big one currently Superman. They pulled in another ninety five
million domestically for weekend number two, which is a fifty

(28:54):
four percent drop from weekend one.

Speaker 1 (28:56):
Is that a lot?

Speaker 2 (28:57):
It's not bad Normally that tank I read something a
couple of weeks ago openings. Everything after that it dies
a death. Like you make one hundred and thirty seven
million on opening weekend. Next weekend you make three dollars
fifty So you know, if you can hold out for
weekends two and three, you've done well. They still love
American scarlet, Your Hanson's Jurassic World rebirth. That's from Universal Universal.

(29:18):
By the way, third, as far as studios goes, Jurassic
had its third weekend. It's only dropped forty two percent.
The world wide number is one point one billion, so
that's doing nicely, thank you. And that's only the third
film to do a number like that this year, along
with Leelewin stitching the Minecraft movie. Overall, the weekend brought
in two hundred and twenty five million, which is down
nine percent this time last year. Was that too many numbers?

(29:39):
I think there's probably too many numbers. I think we've
got a whole nation load of people that, oh God,
my head is hurting. It's too early to hurt my
head hurting. More numbers for you. I'm going to do
your head in this morning. So two point nine they
think is going to be the annual inflation number for today.

Speaker 11 (29:55):
That's not good.

Speaker 2 (29:58):
Sharon Zonra on that from the Bank of the News,
which is next this Monday morning on the Mic Hosking Breakfast.
You're a News Talk.

Speaker 1 (30:03):
Zed B, the breakfast show Ken We Trust to stay
in the know, The Mic Hosking Breakfast with Veda, Retirement, Communities,
Life Your Way, News Talks Dead.

Speaker 2 (30:15):
B seven past seven. So we've got the new inflation
data out today. The experts are picking something like two
point eight or two point nine for the year, which
would be up from two point five. AM's 's chief
economist sharings on the back, what are the sharing Good
morning to you? Good morning, So you're at zero point eight?
Is my understanding for a number of two point nine?
If it's two point nine, do we have a thing?
Do we have a problem?

Speaker 5 (30:33):
Here, Well, we've got a lower house Lower income households
certainly have a problem because it's concentrated the necessities like
food for example. Eltrist is also rising at the moment.
But does the Reserve Bank have a problem. We don't
think so, because the if you struck out the stuff
they can't do much about, even though they are important

(30:54):
to households, the things the reserve Bank can actually influence
are looking very benign. The economy of this some weeks
we think that within six months, in fact, they'll be
worrying that inflation being too low. But we do have
this uncomfortable period.

Speaker 2 (31:06):
First, Well, when you say period, I mean the stuff
you can't do, things about insurance rates, all that cost
plus accounting from councils. I mean that's forever, isn't it,
Because they're getting away with it.

Speaker 5 (31:19):
Well, it's very lagging because I think part of that
will reflects things like construction costs inflation from the last boom.
Now some of these administered prices just do take quite
a long time to catch up. Wage inflation as well
would be in there to some extent too. Those things
have come back a lot, and so there'll be less

(31:39):
pressure on.

Speaker 9 (31:40):
These things going forward.

Speaker 5 (31:41):
That said, there's some stuff like weather effects and political
stuff in there that obviously there is also well beyond
anything the dead can do something about.

Speaker 2 (31:50):
Does it make it acceptable when you say the RB
you hold their hands up and go, well, don't look
at us. I mean what I'm seeing here, Sharon correct
me if I'm wrong, is an economy that's really struggling,
and the Reserve Bank's still saying, don't you worry, there's
plenty of growth still to come, and we're saying, well,
it's July, come on, where is it.

Speaker 5 (32:08):
It does seem to be taking forever, doesn't it. But
it does actually take a really long time. I remember
on the other side when the Reserve Bank, when Adrian
or said he was going to deliberately cause a recession.

Speaker 7 (32:17):
Never heard that.

Speaker 5 (32:18):
For business, confidence absolutely tanks, and then it sort of
just bounced back over coming months because the sky didn't.

Speaker 6 (32:24):
Fall, but it actually did eventually.

Speaker 5 (32:26):
Of course, it just takes a lot longer on both sides,
up and down than people generally expect. So every month
more people are rolling over onto lower mortgage space. So
you know, it won't happen overnight, but it will happen.
But it is taking a long time, and our view
is actually that the economy just needs a bit more support.
We're expecting everyone's expecting another cut in August, that we're
actually seeing another one in November, and then potentially even

(32:47):
more after that, depending on what happens overseas.

Speaker 2 (32:49):
John Key said, one hundred basis points too high at
the moment, as you write, well.

Speaker 5 (32:53):
That's a big call. I've seen that people argue that
it should be lower. Hundreds the most extreme I've seen.
But there's one member of the Montroposti committee who's not
sure what it should be any lower at all. You know,
it is clear as mud, as these things tend to be,
but it is there is a bank's job to be
a little bit more paranoid about inflation than everyone else.

Speaker 2 (33:12):
Nicely, alight, now, it's a nice to talk to you,
as always, sharing our interrupted. Sharon's on to the AZ
chief economists with us this morning. Infometrics, I notice got
two percent growth forget the inflation, two percent growth GDP
for next year. So next year, if you're looking forward
to twenty twenty six, they're saying two percent, because hardly
Christmas is at ten minutes past seven pasking we'll talk

(33:34):
to Chris Luxon about John Keyan a couple of moments. Anyway,
back concerns over in CEA. Government's got this briefing paper
got made public over the weekend and basically it tells
us what every parent already knew. There are issues around
credibility into internal assessments, the stockpiling of credits, all that stuff.
Tim O'Connor is the headmaster of Auckland Grammar and is
back with us. Tim, very good morning to you, morning light.

(33:55):
Would this be the belief of most people that there
are major issues always have been within CEA.

Speaker 18 (34:01):
I think so. I think our most educationists across the
country would understand what the problems are. In fact, I
think most parents understand what the problems are.

Speaker 2 (34:10):
Is this the flight to Cambridge and all those sort
of things that we've been seeing in the ensuing years.

Speaker 18 (34:15):
Well, I think it should be a prompt for the
Minister of Education to actually abolish in CA as we
know it right now and put a new system in places.
A great opportunity. Finally, we have the Education Review Office
and NGQA agreeing, you know, things like there's no care
learning required to achieve subjects within the qualification time for change.

Speaker 2 (34:38):
Yeah, do you blow it up or do you reform it?

Speaker 18 (34:42):
I'd well you would keep it called nca unless, of
course you wanted to call it School Certificate and University
Entrance or something innovative. I think you change it to
an examination based system. We make it pretty simple.

Speaker 11 (35:00):
Here's the thought.

Speaker 18 (35:00):
We assess it against the National Curriculum because currently NCAA
doesn't do that. So the primary made of assessment as
examinations that would give benchmarking across the country for every student,
whether you're an Indicargo through to Auckland, you'd know where
you stood, and you can have some internal assessment in it,
because not all types of content are best under exam conditions,

(35:24):
but these should be marked by NZQA. Teachers wouldn't mark
their student's own work, and they shouldn't achieve. They shouldn't
receive their marks back before they get their externals back.

Speaker 2 (35:36):
It's almost like when I went to school in the
late seventies early eighties. That almost sounds like the way
we did it then, Tim Well Mike.

Speaker 18 (35:45):
The core foundational knowledge that we need in the science
of learning haven't changed, and they should point the direction
that we need to take right now again.

Speaker 2 (35:53):
My wife and I were talking about this ironically over
the weekend because our kids have all gone through in
CEA and all that sort of stuff, the bearing degrees
of success. But if you look at this generation with
their open classrooms, wop, snow, we don't like those. The
lockdowns of COVID plus the NCEEA. Oh, by the way,
all the NCAA you've just done, we don't like anymore.
How much damage do you reckon we've done to a
generation of kids.

Speaker 18 (36:15):
Oh, significant damage. I mean we see New Zealand's results
in the OECD. They clearly show that they don't like
reporting those, but there is significant damage. Look at the
number of students who are arriving at university thinking that
they have direct entry into courses, who don't actually have

(36:36):
university entrants because they've earned NCAA Level three, that they
haven't actually earned the prerequisites to enter a basic course.

Speaker 2 (36:46):
Amazing, all right, to appreciate it as always Tim occnor
Auckland Grammar headmaster, by the way, and this is an
insight next time you're hear in the media, because they
never ask any questions anymore either. Thousands of people applying
for a job fascinating piece of work by Robert Walters.
The recruitment agency. The number of people applying for the
job who actually have the qualifications for the job being

(37:07):
advertised about ten to twenty percent. So the fact that
there's one thousand people applying for the job is irrelevant
because only about five of them have got the qualifications
for the actual job. And why do you think that
would be? Fourteen past.

Speaker 1 (37:20):
The High Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks at B.

Speaker 2 (37:27):
I was watching a bit of the golf yesterday, in
fact the day before, not much but a bit, but
royal Port Rush might be one of the most beautiful
golf courses I've ever seen, and it needs to be benign.
And it wasn't for part of day two, but it
was for the latter part of day two and as
the sun set it was about quarterpas st eight, half
past eight and Irish time, it was just glorious. And
that Chief La guy, he's strange, isn't he. He's so

(37:47):
low key, especially after what he said the other day. Anyway,
to talk more about that with the lads. After eight
o'clock seventeen past seven, Queenstown and his popularity issues there
back in the news, a growing concern. It can't cope
with the growth it's got. I mean, how many times
do we have to do this story? We've been doing
this story for like twenty or thirty years, haven't we
got to many? Prayal on Queenstown. On the tourism side,
they're at twenty eight percent over COVID and that's compared

(38:09):
with the rest of the country we're in eighty six percent.
Then you've got the cost of actually living there, which
is a problem as well. Julie Scott is the chief
executive of Queenstown Lakes Community Housing Trust and as well
as Julie morning, Good morning Mike. How long have you
been in.

Speaker 6 (38:21):
Queenstown twenty two years? I've been here.

Speaker 2 (38:24):
Well, you've been here a thousand times, haven't you. I mean,
we've been round around on this Merry Go round of
stories before, haven't we. It's Oh, Queenstown's getting a bit
busy or Queenstown's getting a bit expensive. Has anyone actually
in the ensuing years done anything about it at all?

Speaker 7 (38:37):
Yeah?

Speaker 6 (38:38):
Arguably our council was a leader in this space in
terms of providing solutions for affordable and community housing absolutely,
and do they Yeah, they do. So we have this
tool called value capture, which means that the community shares
an any value uplift that's created through the rezoning of land.

Speaker 2 (38:56):
Why do the council Why are they hated by so
many people? Is it because of the infrastructure in the
road and the fact you can't get anywhere and things
like that.

Speaker 6 (39:04):
Oh, I think that's a bit tough to say that
the council is hated by so many people, but certainly
there's a little bit of resentment there from the community
around infrastructure issues. There are some pain points there.

Speaker 2 (39:14):
What's the major issue? Is it the tourist influx or
is it the cost of actually living in Queenstown.

Speaker 6 (39:22):
I don't think it's necessarily the tourist influx, and I
don't think that the community has any issues with tourists
per se. It's simply that we don't have the infrastructure,
the underlying infrastructure. There's pressure points on the road and wastewater,
et cetera to enable that tourism and those the population
growth that where it is.

Speaker 2 (39:40):
It the rating based problem? You know, small town, you know,
small number of locals comparatively speaking, requiring massive amounts of
infrastructure you can never afford. Is that in a nutshell
the problem.

Speaker 6 (39:51):
Absolutely, that's it in a nutshell, and to that we
really need some tools to enable us to have a
more equitable and how the infrastructure is paid for, such
as a bad tax would be a great example of
how we could spread that those costs.

Speaker 2 (40:06):
And as central government on board with those sort of ideas,
or as local government battling this by themselves.

Speaker 6 (40:12):
Local government has been battling it for a long time.
But look, we remain positive. We're one of three regions
that have been working through a regional deal with government
and that's certainly one of our our asks for this
regional deal.

Speaker 2 (40:25):
I saw some pictures over the weekend of Queenstown. There
seems no snow or were they file pictures? Is it
snowed properly yet?

Speaker 6 (40:31):
Yeah, Yeah, there's definitely snow up there. All the hills,
all the local mountains are open and something. So yeah,
it's not the heat of a season, but there's suddenly
snow up there to ski.

Speaker 2 (40:41):
Good to talk to you duly appreciate it very much.
Julie Scott, who's where the Queenstown Lakes Community Housing Trust.
Our Prime min is through in the studio with a
whole list of things to deal with. But then let
me tell you a little bit of it. One thing
that happened on my holiday. In a moment for you
seven twenty.

Speaker 1 (40:55):
The Make Asking Breakfast full show podcast on Aheart radio
vowed My news Talk Seppy.

Speaker 2 (41:04):
Seven twenty three. Now, nice reminder. Over the holidays. I
thought that by and large we are a good country
with good people. So our youngest, not yet on the
full license but doing defensive driving as we speaking about
to set her test, was involved in her first accident.
Not just an accident, but a multi car pile up
on the motorway, not her fault, but three cars and

(41:27):
a caravan and eventually seven people involved. We're in the country.
She was traveling back to town having been with us
the night before. The cause of the crash was an
idiot who mistook a redlight that wasn't for him. He
breaks everyone breaks. Our daughter's following far enough behind not
to hit him, so, in fact, was the car behind her,
so far so good. Sadly, the car toeing the caravan

(41:51):
could not complete the hat trick, so with too small
a gap, he slides with caravan into the car in
front of him, that in turn shunts the car in
our daughters three cars and a caravan. Badly damaged daughter
is and tears on the phone to mum. As luck
would have it, there are two nurses on the way
back from a pub lunch no drinking their nurses. They
stop and they start asking medical questions. They are kind

(42:14):
and reassuring and professional. Also, as luck would have it,
an unmarked police car is close by pulls up equally professional,
kind and reassuring, except to the bloke telling the caravan.
He gets an earfull for the following distances the bloke
who caused it all having seen them as scarpers. He
may or may not get caught, but it's a white
Toyota Aqua and he's a prick, so left at the scene.

(42:39):
Two blokes with total cars and a daughter with a
driverable but badly damaged car, a caravan, two nurses and
a cop. The two blokes turn out to be as
kind and reassuring to our daughter as both the nurses
and the cop. She's worried they'll yell at her, despite
the fact it's not her fault. They calm her down.
They give her all their details, and later that night.
They follow up with text to make sure she's okay.

(43:02):
That to me, I've been thinking in the last week.
That to me is New Zealand. You grab seven people,
most of them will be decent, most of them will
do the right thing. Mostly you will be reassured that
we're a decent society. Yes, they'll always be one. They're
the sort that make the news. The rest of the time,
it's just us, good people with good intent and a

(43:22):
decent set of manners and morals. Our daughter came away,
all things considered, in pretty good shape and reassured, and
as it turns out, me too, asking, which then led
to the unfortunate business of the insurance. And we got
to the insurance and Star Insurance. And this is not
an ad. We just happened to be with Star Insurance.
And we were with Star Insurance, funnily enough, and I

(43:43):
discovered them. I can't remember how I discovered them, and
I can't remember what larger company they're part of, but
the larger company they're part of, I think we were
with them, and I was unimpressed with what they're about,
and so I went to another company, which turned out
to be Star Insurance, and they're fantastic, and then I
found out that they were part of the larger company,
and I couldn't work out if you're really good as

(44:04):
the smaller company, i e. Star Insurance, how can your
larger company isn't any good? How can a small part
of the company be really good but the large company
you'd no good. Anyway, we went to Star Insurance. We
got the payout because the car got totaled in the end,
and so we had the write off. So we had
the trauma of the first car being totaled and then
the debate as to whether or not it was worth
paying extra money to get it untotaled so that we

(44:26):
could get the car back. Because we love the car
so much, we wanted to keep driving it forever, and
we needed to explain that that's not how life works.
But there was a discussion also that insurance companies are
total in cars too often these days, because it's chupid
to just total them and don't worry about it and
then just go out and buy a new one. So
we had to go out and buy a new one,
which was the weekend's activity. Oh you hate that, I

(44:48):
me in a car yard.

Speaker 10 (44:50):
What do you do?

Speaker 18 (44:51):
Ah?

Speaker 2 (44:52):
So it all worked out well in the end. I
haven't even got to my holiday yet. I've got so
much to say about my holiday.

Speaker 1 (44:58):
But I thought that was thought for a car to
be damaged, then you could go out and buy another one.

Speaker 2 (45:03):
That was it turned out for some of us more
exciting because we got into the car after buying the
new car, and Katie and I were going, how cool
was that? What a cool car? Didn't we get a
good deal? Don't you love it? And we turn around
and daughters in the back going, oh, it's all right.
She wasn't remotely interested. Doesn't even like the car apparently anyway,
So I'll have to turn around on that. Anyway, I
can't tell you any more about my holiday because I've

(45:23):
got the Prime Minister waiting and he insists on coming
into the studio and talking to us, so we'll we'll
acquiesce to that he's with us. After the News, which
is next Good News.

Speaker 1 (45:31):
Talks, your source of freaking news, challenging opinion and honors facts.
The Mike Hosking Breakfast with the land Rover Discovery Never
Stop Discovering News, togs env twenty three.

Speaker 2 (45:46):
Minutes away from it. We'll be the Sport up and
wrote the money monon commentary boxing course. But meantime, the
pumements was to see you come into.

Speaker 9 (45:54):
Your studio, second, our regular conversation with no worries.

Speaker 2 (45:58):
I've got. It's always to have you here. Have you
got a letter all the.

Speaker 9 (46:02):
Listeners, He just said that with so much insincerity.

Speaker 2 (46:06):
Have you got a letter from Trump yet? On what
looks to be an increasing number over ten percent on terrace? No,
we haven't. No, we haven't.

Speaker 9 (46:13):
I mean, actually, I think we're in good position. I
think we've managed it as well as can be expected.
There's no doubt about it. The whole situation has caused
a lot of chaos in the global economy because it's
created a lot of uncertainty and that's never good for
business and for economics. But having said that, our ten percents,
you know, we're no less oft than any other country.
It's the lowest rate we can get. And more importantly, Mike,

(46:36):
I spend quite a lot of time with our exporters
into the US, whether it's been zespri on Ky, we fruit,
the red meat guys, we do a little bit of
dairy there, we do a lot of wine in there,
and they're actually going really great.

Speaker 2 (46:48):
Okay. The reason I ask is you said the letters
to the small countries will go out any day now
and it's above ten. If it's above ten, do we
do anything about it?

Speaker 9 (46:57):
Or we want to make sure we're no worse off
than any other country as our starting point. And when
we've spoken with you know, their trade commissioner, the trade
secretary over there, you know, Todd mcclay's had really good
dialogue with them, and the view has been they've got
other bigger fish to fry.

Speaker 2 (47:13):
And for us, yep, we don't like tariffs.

Speaker 9 (47:15):
Yes, we don't think it's good for the global economy,
as evidenced by what we've seen April May around the world.
But actually for us, we're navigating it pretty well.

Speaker 2 (47:23):
Okay. So you've cut into the public service and yet
I reader, rung A Tomaeriki is spending two million dollars
a year plus on communication stuff. How's this possible?

Speaker 7 (47:32):
Yep?

Speaker 9 (47:32):
Funny you say that someone raised that with me.

Speaker 2 (47:34):
I say that at all.

Speaker 11 (47:35):
No, no, no.

Speaker 9 (47:37):
What I mean is there there's an awful lot of
comms people in the government service and we've been trying
to get you say, get rid of the back office,
make sure, you put the resources in the front line.
We've done that job, I think, not perfectly. But actually
there's been a lot of that that's happened.

Speaker 5 (47:50):
You know.

Speaker 9 (47:50):
You think about the twenty three billion last year, the
twenty one billion this year of redeployment of resources to
the front line.

Speaker 2 (47:56):
But why don't you just sack them?

Speaker 9 (47:58):
Well, I mean, we're putting the pressure back on CEOs
to say, you've got these goals to deliver for us
as a government. How you organize your resources is up
to you, but we're going to hold you accountable for.

Speaker 2 (48:08):
So as of much. They've employed two media advisers, they've
got two communications advisors, they've got two senior media advisors,
six senior communications advisors, a chief media advisor, and a
manageable organizational communications. Do you know what any of that means?

Speaker 11 (48:20):
No?

Speaker 9 (48:21):
I don't, And that sounds like a complete and us
not where we want those.

Speaker 2 (48:23):
Reasons, but you're in charge of them. And this is
o rang of Tamariki who couldn't get out of their
own way of their life depended on it.

Speaker 7 (48:28):
And I hear it.

Speaker 9 (48:29):
It's a classic of what we don't want seeing happen.

Speaker 2 (48:32):
No, that is true. I also read, while I'm on holiday,
more than half of your two hundred and fifty seven
million dollar loan book for the Provincial Growth Fund is
at risk of impairmental default. Are you worried about that?

Speaker 9 (48:43):
Well, again, I mean we've got obviously, Shane Jones has
got a one point two billion dollar regional infrastructure fund.
There's some really good examples where those investments are making
a difference those regional communities. There are some that are challenged,
for sure, but you know, we take it on a
case by case basis.

Speaker 2 (48:57):
But was that just free lowly handed out under a
an administration to anyone who had their handout, and all
of a sudden we look at the case and we go, oh, whoops,
they might default?

Speaker 9 (49:05):
Well, I think, and all I can't talk to the past.
What I can talk to about is the deal that
we have now, which is to make sure we're doing
largely capital investment, which is you know what's important where
those where those organizations or businesses need actually some capital injection.
That's what Shane's been focused on with this version of
the Regional Infrastructure.

Speaker 2 (49:23):
The fact that fifty four percent, though a look risky,
doesn't bother you.

Speaker 9 (49:27):
Well as obviously a concern, but we expect him to
be making sure that actually those businesses are actually getting
on top of it, are not just and actually building
better businesses as a result of that capital injection.

Speaker 2 (49:38):
I also read while I'm on holiday that L ANDNG.
Remember the promise you made on L and G I
think was Simming and Brown made on L ANDNG that
when we had the crisis last year on power, that
would get some L and G into the country. So
at last we've got the report on that turns out
to be too expensive.

Speaker 7 (49:51):
Did he.

Speaker 2 (49:53):
Well, a little bit quicker than he might have.

Speaker 9 (49:55):
Well, I mean the thing on electricity is that the
biggest thing we've done is actually get ustrategy at coal
reserve and there at.

Speaker 2 (50:01):
The back, and I get all that. But you see
that l G was an answer. It turns out it isn't.

Speaker 9 (50:06):
Yeah, well, something we're still considering, still exploring. Yeah, no,
because actually, in terms of continuity, if push comes to
shove and we've actually, you know, not not been able
to deliver the intrust in the way we want to,
we want to have all avenues opened as possible. But
you're right, Gas, you know, LNG importation is actually probably
the more expensive form, and that's why it comes back
to coal.

Speaker 2 (50:26):
And rather uniquely, this.

Speaker 9 (50:28):
Is a country that's decided to make the transition from
domestic gas to important cold which is insane.

Speaker 2 (50:33):
Precisely because we killed all in gas in ce A.
Are you actually going to this report that came we
got made public yesterday, Are you going to do anything
about that?

Speaker 9 (50:42):
We are you are in the next few months?

Speaker 2 (50:45):
Are you going to blow it up?

Speaker 9 (50:46):
Everything's on the table, because genuinely, there's nothing more important
than getting our kids well educated.

Speaker 2 (50:52):
I speak to a lot of parents, teachers, principles.

Speaker 9 (50:55):
They have really serious concerns about about n c A
and the danger as you can go through an exercise
where you reassured that you're getting well educated because you're
getting different getting through the NCAA system. But the thing
for me and for the parents and teachers that I
run into is, are our kids at fifteen sixteen as
well educated as their counterparts in Australia or Canada or
Ireland or something else we went to.

Speaker 3 (51:16):
We can't.

Speaker 9 (51:17):
It's got to be globally comparable and secondary. Are we
actually teaching them the basics and giving them a core
educational program that actually sets them up well for working life.
And you know, there is a heap of high paying
jobs out there in the world, and the biggest thing
that will impact the New Zealand economy is actually our
ability for our talent through education to be able to
access those high paid jobs. How are we going to

(51:39):
build a four lane freeway from Auckland to funger A
if we don't actually have kids who can do maths
and some reading. And that's We've got some real challenges though.

Speaker 2 (51:46):
Okay, so it will be announced this year, yes, will
it be changed next year or years into the future, It'll.

Speaker 9 (51:54):
Be I'll let I mean in fairness, Erica is saying, look,
there's a real problem, and I fully agree. You know,
her and I've talked about this even in opposition. We've
worked our way through, initially around the primary and intermediate
age with the structured literacy, structured mathematics, you know, and
all that stuff. Now we want to take on the
NCAA and the secondary school piece, and so we where
everything's on the table because we want a high quality qualification.

Speaker 2 (52:17):
But is it profound The change that's coming could well.

Speaker 9 (52:21):
Be yepkay, yep, I'm not I'm not limiting that conversation
might because actually it is really important that when we
lift this lid up and we say it's not working
and it's not not what delivering for us, we've got
to be able to be prepared to look at everything.

Speaker 2 (52:35):
The first principles is John Key right, the interest rates
through one hundred basis points too high.

Speaker 9 (52:40):
Well, here's a former Prome minister can go out there
and comment as he wishes. I sadly, as current prime minister,
I can't because, as you know, the independence of the
Reserve Bank. All I can do is control the bit
that I can control, which is the fiscal side of things.
The Reserve Bank controls the monetary policy, but that means
making sure the spending is appropriate, that we're doing everything
we can to get inflation down. So the conditions are

(53:01):
right for.

Speaker 2 (53:02):
Interest But here's your problem. If they're right today and
it's two point nine, that's that's close enough to three
in the band to be a problem. The RB will
come back already did a week ago, and they'll probably
do it next month and go yeah, No, broadly speaking,
things are okay. It's in the band. We're not doing anything. Meantime,
the rest of New Zealand screaming at you because you're
the boss going the economy is not right, Well, now

(53:23):
I need something better. It becomes your problem, whether.

Speaker 9 (53:26):
It is I'm not following or not. And I'm working
really hard in eighty months to try and fix an
economy that's.

Speaker 2 (53:30):
Been through three years of a recession. Yeah, but the
bits I can't fix though. I mean, if your insurance
is up twenty percent and your counsel's up nineteen percent,
there's nothing you can do about that apart from jaw
bone it, which you have been doing, but it doesn't
to what effect.

Speaker 9 (53:44):
Yeah, but I think you know what I can do
is I can make sure that government spending isn't contributing
to rising domestic.

Speaker 2 (53:50):
Inflation right there.

Speaker 9 (53:51):
Yes, they'll be important, but personally, you know, we want
to see inflation will bounce around. There's no doubt about it.
It's got to be within the one to three percent band.
It can't be at seven and zero half where it
was under labor And as a result US prawling the
inflation down has actually led to two point twenty five
bases points coming out of the interest rates. And just
to give you a feel for it, I think there's
something like fifty billion dollars worth of mortgage money that's

(54:12):
about to cycle through it.

Speaker 2 (54:14):
But I'm not arguing with you. What I'm saying is, yeah,
my mortgage is down, Praise the Lord. But hang on,
there's my insurance bill and there's my rates. I'm no
better off.

Speaker 7 (54:23):
Well.

Speaker 9 (54:23):
I think that the challenges are for New Zealanders right
now still doing it tough, is that you've had three
years of really high levels of inflation and prices are high.

Speaker 2 (54:32):
The good news as wages.

Speaker 9 (54:33):
Are increasing faster than inflation under our government, which is
a good thing.

Speaker 2 (54:36):
We want to continue to expend a lot of inflations
at two point nine percent, it won't.

Speaker 9 (54:39):
Be well, but so far that's been the case that
there hasn't been the case in the previous period of
time under previous government.

Speaker 2 (54:45):
But you're right.

Speaker 9 (54:46):
I mean people are still dealing tough with rates, which
is a challenge. That is why we want to about
rates caps. Ultimately, we've got to be able to talk
about food prices. As you know, Nicholas doing some good
work on No.

Speaker 2 (54:57):
No, you're getting me upset of now because she's off
to Fontier this week to meet who Miles and what
you're going to talk to Miles about now to talk
about the price of butter. I can tell you why
the price of butter is the price of butter, and
I don't know why we have a finance ministry doesn't
know how butter's we get the international price for butter.
We should celebrate this.

Speaker 9 (55:14):
Correct, So let me just speak clear. First of all,
Fonterra requested the meeting. She's that's how to do well.
She'll talk to them about also a supermarket review because
she wants to talk to major supplies around what's going
on there. She's also acknowledged you know that the reality
is dairy prices are determined globally. As you know, the
benefit of farming at the moment on fire and doing
really well is because we've actually got a high global

(55:35):
dairy price and that's what we end up to drive
some something.

Speaker 2 (55:38):
To give you some advice for Nicola, and I've tried
to give it to her and she doesn't want it.
Here's here's the thing. You got to stop talking about it.
Do you want to fix the banks, fix them, do something.
If you want to fix the supermarkets, do it. Stop
about it, stop having meetings, do it.

Speaker 9 (55:51):
I just say to you, I know what's happening behind
the scenes on supermarkets. Do tell and I will tell
you when we're ready to tell you. But the bottom
line is, i'd say she's working incredibly hard, and I'm.

Speaker 2 (56:00):
Sure she's working hard, but until you see the results,
So are you going to do something profound with the supermarkets?

Speaker 9 (56:05):
And in few months she'll come out and talk about what.

Speaker 2 (56:07):
We're going to do there, so you've already decided what
you're going to do.

Speaker 9 (56:09):
Know, there's an ongoing work that she's doing and it's
not ready for us to come forward with just yet,
and I want to get ahead of her on that work.
But I'm just saying to you, I think it's she's
I know what she's doing behind the scenes, and she's
exhausting all options to make sure I get more complish
that said market sector.

Speaker 2 (56:23):
I took too long for a holiday. I took two
weeks off.

Speaker 9 (56:26):
I noticed you were here last week when I came back.

Speaker 2 (56:28):
As a mistake. Yeah, I think holidays are overrated, and
I think for those is the man.

Speaker 9 (56:33):
When do you shut up shop here like November one
and you come back March. I came back and then
you give me grief about the parliamentary cycle.

Speaker 2 (56:40):
I came back in January, and I'm sticking here in January.
It was February, wasn't It was February, barely February. It
was barely February. But I think people who enjoy their
work shouldn't take holidays as a general. Have you thought
about this as a policy. If you like your work,
you don't take a holiday.

Speaker 9 (56:56):
I gotta be honest, every time I take a couple
of days off, I get sick. So it's sort of
come back to the same conclusion which you find on
your holiday last week, that that was plenty five days.

Speaker 2 (57:05):
Yeah, that's pretty good. Yeah, that's an archie mandage for that.

Speaker 9 (57:08):
I've got a lot, a lot on my plate that
I want to.

Speaker 2 (57:09):
Do him straight. We've just covered some of it. You
give you a work list every week, exactly. Go get hold.
It's nice to see you. Minutes twelve minutes away from it.

Speaker 1 (57:18):
The Mike Hosking Breakfast Full Show podcast on iHeartRadio, powered
by News Talks at Me.

Speaker 2 (57:25):
The Government, I referred briefly to it, then the government
amendment build that they were talking about last week. Last week,
the local councils all got together and had a big
gab fest, and some of the government ministers went along
and gave them a rocket. Not that it will make
any difference, but they're looking at taking out social, economic,
environmental and cultural aspects of what they do. That was
reintroduced by the Labor government in twenty nineteen and the

(57:45):
idea being that you stick with burms and the basics
of councils. And what I was saying to it was
off there, and I don't think I'm breaching any confidence.
What I was saying off here to the Prime Minister
is you can go along to these get togethers, but
until you four them into something. And this is one
of the government's going to need to move on regional
councils and basically get rid of them. Until you move

(58:06):
on them, they're not going to do it because they
hate you. Most most councils in this country don't like
the government and they don't want the government to tell
them what to do. And you can remove all the
words in the world like social and economic and environmental
and cultural until you're blue in the face, but you're
not going to change anything. And then the problem with
not changing anything is the problem then comes back to
the government because it's not Although you should look to

(58:26):
the council. When your council sends you a rates bill
of twelve thirteen, fourteen, fifteen, sixteen, seventeen, eighteen nineteen percent,
you should be outraged, and you should be outraged at
the council, but you won't be You'll be outraged at
the government because it's inflationary and you're not getting ahead
in life, and the economy is no good and you're
in a funk, and so it's them that becomes an issue.

(58:47):
And then of course the next thing you know, it's
election to you and they're going to have to defend it.
So they're going to need to less talk, more action,
is what I'm trying to say. Seven away from eight.

Speaker 1 (58:55):
The My Hosking Breakfast with Bailey's Real Estate News talks, they'd.

Speaker 2 (58:59):
Be said, Mike, wages increasing more than inflation icabs on that. No,
he's right, it's not by much. And you've got to
remember stats of retrospective and it might not be at
this very moment in time, especially of today's numbers two
point nine, but on average, wages have been increasing higher
than inflation up until now. Mike, I'm with the PM.

Speaker 11 (59:18):
You have more.

Speaker 2 (59:18):
Holidays than anyone. You went on holiday first week of
December and not back until February. Are you serious? Well,
yes I am, and it does bring It does bring
to the I regret going on holiday these last two weeks,
and I'll have to expand on it after eight thirty.
I made a mistake and I tried to rectify it
before I went, and I couldn't. And I reckon there

(59:39):
are certain people in life, and it could be just
my stage of life, but there are certain people of
life who it's all right. I mean, holidays are okay.
I think of long weekends about me a Monday. If
you want to stretch it out a Friday and a Monday,
call it Easter. I don't care. That's about what I need.
As for two weeks it was ridiculous. I'm going to
cancel the rest of my holidays this year. I was going,

(01:00:00):
I think in September, so I'm not going now and
so anyway, but that's for your Christmas thing.

Speaker 1 (01:00:05):
I need to come back to them, the news and
the newsmakers, the mic Hosking Breakfast with Bailey's real estate
altogether better across residential, commercial, and rural news talks head.

Speaker 3 (01:00:19):
Beach sprung Rum.

Speaker 11 (01:00:23):
It is no wrong, no run come.

Speaker 12 (01:00:26):
Well, I've done at the highways and I the all
blacks of heads to come from behind. But they keep
the French scoreless in the second spell and take a
twenty nine to nineteen win, and they whitewash the French.

Speaker 10 (01:00:40):
Can you get this right away?

Speaker 3 (01:00:42):
Charge down it ricochets spice here look at it?

Speaker 15 (01:00:45):
Go pla suna heads on for quite try save up
with the time?

Speaker 13 (01:00:53):
Oh how the saba for the Warriors?

Speaker 10 (01:00:58):
Can you ever lay what you have just seen.

Speaker 13 (01:01:01):
The Tactics When the elimination final fifty seven fifty two,
the Tactics are unbeaten on their home court.

Speaker 11 (01:01:12):
In season twenty twenty five.

Speaker 1 (01:01:15):
The Monday Morning Commentary barks on the Mike Husking Breakfast
with Spears Finance, supporting Kiwi businesses with finance solutions for
over fifty years.

Speaker 2 (01:01:24):
Andrew Savill and Jason Pine Withers Fellows, Good.

Speaker 11 (01:01:26):
Morning, Morning, morning back Mike.

Speaker 2 (01:01:29):
Think you're very much lovely to catch up. I enjoyed
thoroughly visually Royal Port Rush. What a fantastic looking part
of the world. On a benign day, as the sun
sets over the water.

Speaker 11 (01:01:42):
Unfortunately, the tournament was rather dull.

Speaker 2 (01:01:44):
Yeah, I watched Bob Scheffler, and he looks like a
guy who came from the pub, doesn't He sort of
He wears a hoodie and he sort of just pulls
a club out of the bag and says it's thirty
feet bit to the in the whole thanks very much,
carries on.

Speaker 11 (01:02:02):
Yeah, not much fuss as there.

Speaker 19 (01:02:04):
I mean, he could walk down probably most main streets
around no one would know who the hell he is.

Speaker 2 (01:02:08):
But speaking of golfer, he's a very good golfer. Kirk Cousins,
who's the quarterback for the Atlanta Falcons, where he was
till he dropped. If you haven't watched Netflix and Quarterback,
do because season two is brilliant and Kirk Cousins there's
a couple of examples where he wanders around no and
recognizes him. It's the funniest thing in the world. So
if you think about a person like Patrick Mahomes or

(01:02:30):
Tiger Woods, there are some people. Yeah, second series, there
are some people in sport who are at the top
of their game who can't leave the house. Others who
are at the top of their game, you could walk
through the supermarket known and look at them twice, which
is interesting.

Speaker 19 (01:02:44):
And the other point with any foul micer is that
they wear helmets most of the time, right.

Speaker 2 (01:02:48):
So it's a good point Andrew that they're not as
a lot of.

Speaker 19 (01:02:51):
Them are not as parting your Brady's and your mahomes
of course, but a lot of them are not not
well known as an NBA player Or.

Speaker 2 (01:02:57):
What did you, Jason, what did you think of chefler
comments before the tournament about sense of accomplishment and you know,
he seemed to bit down on himself as it was
an interesting insightful thing to say.

Speaker 13 (01:03:06):
I thought, Yeah, he is a very different guy as
you say, he's not he's not out there beating his chest.

Speaker 10 (01:03:13):
Oh yeah. Golf's so unusual though, isn't it.

Speaker 13 (01:03:16):
It's not a game where we you know, we're hyping
yourself up necessarily gets you the best results. You know,
these aren't boxers or NFL players or those who have
to really hype themselves. Yeah, he just goes about things
in a different way. And man, what he went by
four strokes this morning. He never looked like he was
gonna gonna lose it. So he's obviously got a formula

(01:03:37):
that works for him. Speaking of being recognized, I was
with Sam and Hamilton on Saturday night. It's hard to
walk down the street with him.

Speaker 11 (01:03:48):
Now when you say Saturday night, you meant at the game.
We didn't go.

Speaker 2 (01:03:51):
These are these people, Jason? Just for the record, are
these are the people still chasing him for money?

Speaker 11 (01:03:59):
Well?

Speaker 10 (01:04:00):
I don't think they're in Hamilton, Mike.

Speaker 2 (01:04:03):
Well, they're all over the place. Believe me, I've heard
the stories. They're all over the place.

Speaker 10 (01:04:07):
So was it was?

Speaker 16 (01:04:07):
It?

Speaker 2 (01:04:08):
Was he a popular bloke in Hamilton?

Speaker 11 (01:04:09):
Was he?

Speaker 2 (01:04:09):
Jason?

Speaker 10 (01:04:11):
I mean yeah?

Speaker 13 (01:04:12):
And Sam's right we didn't venture out afterwards, which was
probably given the events of Saturday night at Hamilton, probably
quite a good thing.

Speaker 10 (01:04:19):
But no, no, he's a very popular member of the of.

Speaker 11 (01:04:22):
The Often I often rate a Test match Mike on
the food that's available, Right, what do you have?

Speaker 19 (01:04:31):
And I actually thought if MG Stadium Wacado Stadium on
Saturday night it was very good.

Speaker 11 (01:04:36):
They had these quite succulent chicken tenders which.

Speaker 2 (01:04:43):
Or just or just burger fuel.

Speaker 11 (01:04:46):
Well they're crumbed. So I mentioned that I've been wafted
past a friar at some stage.

Speaker 2 (01:04:53):
Did somebody open a package. It like a watt is
crumb chicken nugget?

Speaker 11 (01:04:57):
I know they were bitter than that. I think they
might have been hand crumbed.

Speaker 10 (01:05:02):
How could you tell.

Speaker 11 (01:05:05):
They look? They were good? They were good.

Speaker 2 (01:05:07):
What do you pay?

Speaker 12 (01:05:09):
Oh?

Speaker 11 (01:05:10):
Not much?

Speaker 2 (01:05:11):
Well no, no, not for a rich guy like you
on TV money. But I mean for the rest of us.
What do you pay for half a dozen that? You
got them freed? Didn't you?

Speaker 11 (01:05:18):
That was supplied?

Speaker 2 (01:05:20):
Unbelievable? You get free drinkers?

Speaker 11 (01:05:24):
Well, oh no, no, I had a I had a
soft drink.

Speaker 2 (01:05:30):
Did you what sort?

Speaker 6 (01:05:31):
You have?

Speaker 2 (01:05:31):
A fenter code zero.

Speaker 11 (01:05:34):
Think I've got. I'm on a balanced dietchel.

Speaker 2 (01:05:41):
Hey, listen just briefly on the rugby. I don't want
to spend and this will insult Razor, and I don't
want it because I love Razor. But I can tell
you the result of every single All Black Test match
this year, and I can do it.

Speaker 11 (01:05:54):
It's going to happen against what's going to happen against
the spring.

Speaker 2 (01:05:56):
Blots won apiece, We'll get beaten once and one a piece.

Speaker 11 (01:06:01):
I think they'll win both in Argentina, Yes.

Speaker 2 (01:06:04):
No question. People are people like you over hype Argentina,
so we'll win both in Argentina one a piece, will
kill Australia, one a piece for South Africa and will
go and win all will win all of them bar Ireland.
In the Northern Tour.

Speaker 11 (01:06:19):
I over hyped Argentina.

Speaker 19 (01:06:21):
I remember distinctly last year before the Wellington Tests, I
said Argentina went up to much at all and your
Black should spank them when they lost.

Speaker 2 (01:06:27):
Yeah, but that's because your suspect in terms of sporting knowledge,
really had a career because of your personality, Let's be honest.

Speaker 19 (01:06:39):
Likewise, Michael, look in patches in that game on Saturday night.
The All Blacks were good, and I can I can
see what they're trying to do. It is very very
hard to do what they're trying to do at Test
match level against, especially in Northern Hemisphere, teams who do
who are adept at killing the ball at the breakdown.
That was a frustration on Saturday night. The breakdown was
policed completely different to what it was there is in

(01:07:02):
Super rugby. But I can sort of see what the
All Blacks are trying to do.

Speaker 2 (01:07:05):
Yeah, all right, brief break, we'll talk about Jason pin'es
free food after the break for thirteen past eight.

Speaker 1 (01:07:11):
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Speaker 2 (01:07:17):
It be Your Stalks Me sixteen past eight, the.

Speaker 1 (01:07:22):
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Speaker 2 (01:07:31):
Texter tells me twenty one dollars for three chicken nuggets
and chips at the Stadium four soberpriced.

Speaker 11 (01:07:38):
Were they nuggets or were they tenders?

Speaker 2 (01:07:40):
Well, he's calling them nuggets, I mean tenders would be different. Jason.
Did you get free food?

Speaker 13 (01:07:45):
H Yeah, we got a sort of a young lasagna
arrangement with some very nice garlic rolls and some salad.

Speaker 2 (01:07:53):
Arrangements. The lasagna arranging exactly.

Speaker 11 (01:07:56):
Did they have flowers on it or something?

Speaker 13 (01:07:58):
No, it was sort of you know, a bit of
a bit of pastor a bit of meat and some
yeah and some sort of sauce.

Speaker 2 (01:08:06):
Are you are you part of the union, Jason? Do
you get feed or something? Do you turn out? You
don't start your commentary until you've had a meal. Was
that what's going on?

Speaker 13 (01:08:14):
I had it brought to me by of course, we're
all black Steve Gordon. He thought, I must have thought
I looked a bit hungry, and.

Speaker 2 (01:08:20):
Is that what happens to all? They turned into servants?

Speaker 10 (01:08:24):
He wasn't. He wasn't working there in the in the
in the catering division. He was doing.

Speaker 2 (01:08:29):
He just grabbed someone's food and thought, Jason looks a
bit hungry. I'll give him some la.

Speaker 11 (01:08:34):
How straight does it's?

Speaker 19 (01:08:36):
I mean, Hamilton gets a bad rat but there's actually
some very good food outlets.

Speaker 11 (01:08:41):
I went to and no, no, no, I'm serious. And
there's that that big venue called Made. Have you been there?

Speaker 3 (01:08:46):
Mate?

Speaker 2 (01:08:47):
Have him been the Hamilton?

Speaker 11 (01:08:49):
Surely?

Speaker 8 (01:08:53):
Do you know?

Speaker 2 (01:08:53):
I shouldn't tell you this story. Actually I'm not going to.
I just I'll just checked myself. But I was thinking
about moving to Hamilton. Well just last week, well I
discovered a house and I said to Katie, we need
to move to Hamilton. But that didn't go too well
for me. The Warrior is what other recommendations you got
for food apart from maid? See that's it. You haven't

(01:09:17):
got any cafe?

Speaker 11 (01:09:18):
Win to know a cafe? I can't remember the name.
It was very good roasty eggs eggs Is it roasty potato.

Speaker 2 (01:09:25):
Well you get it. You can get it potato roasty. Yeah,
there's no egg involved.

Speaker 11 (01:09:31):
It's just a couple of PAGs involved.

Speaker 2 (01:09:33):
Well that's extra. So you have a potato rosti with
a couple of eggs. Yeah, but you can't remember, so
basically made. So if you go to Hamilton, go to
Maid Warriors. Yeah, no, it's not, Jason. It is not
remarkable because they shouldn't have been in that position in
the first place, to.

Speaker 19 (01:09:53):
Put teams like the Knights away. I look at the
drawer coming up, and most of the sides are playing
out the top eight. They've got the Titans twice.

Speaker 11 (01:10:02):
In the next four.

Speaker 2 (01:10:03):
It's weird.

Speaker 11 (01:10:05):
Weird, It is weird. They've got to nail teams like that.

Speaker 2 (01:10:08):
I couldn't agree more. And that's why I mean the try, Jason,
You're right, the try was fantastic. God bless him. It's
a highlight.

Speaker 7 (01:10:14):
I get it.

Speaker 2 (01:10:14):
But if you can't thrash the Knights, you're certainly not
thrashing the Bulldogs. And we don't.

Speaker 10 (01:10:19):
No, I agree, I agree with that.

Speaker 13 (01:10:20):
But and yes, Cana boy it will look back at
that game and think he should have landed that penalty.

Speaker 10 (01:10:25):
He should have landed.

Speaker 13 (01:10:26):
He probably should have landed the first drop goal, the
second one that got charged down or was it the
third of lost count I was.

Speaker 2 (01:10:32):
I was beyond him until this week because last week,
when he had to step up do the kicking, I
thought that he looks good.

Speaker 10 (01:10:38):
Yeah, I think.

Speaker 13 (01:10:39):
And it's a small sample size, it's only his second game.
I mean, you know, but but he should have he
should have nailed his kicks. But without any of Without that,
we don't get that hell of Sema moment. And I
mean that's just it's an incredible piece of it is.

Speaker 11 (01:10:53):
Play from it.

Speaker 10 (01:10:54):
He's nineteen, this kid nineteen.

Speaker 2 (01:10:57):
Don't be age just about it, Jason. I mean, you know,
young man, take your opportunities. But what I'm saying is
this is my genuine fear for these guys.

Speaker 16 (01:11:04):
Now.

Speaker 2 (01:11:05):
The only teams we have not beaten are the best teams,
and we play the Bulldogs, and if we lose to that,
we've lost to every single top team that we will
need to play in the playoffs.

Speaker 11 (01:11:15):
So that is a concern. Yes, yes, what do you
do is that big there's a big step up to
those top teams.

Speaker 2 (01:11:22):
Exactly.

Speaker 10 (01:11:22):
Yeah, Well, they've got to make the top four make
the top four.

Speaker 2 (01:11:25):
There's a four point gap between four. We're third equal
with watching McCall. It's now Melbourne whoever it is Storm, Yes, Storm,
and so there's a gap. We'll make the four. But
what's the point of making the four? Of the teams
we play are the Raiders, the Storm and the Bulldogs,
and they're the size we've all lost to.

Speaker 10 (01:11:41):
Well, let's worry about that when we get there. Let's
get now.

Speaker 2 (01:11:43):
That's lack of planning on your part, Jason. That's why
you show sounds the way it is. For goodness sake.
I'm I'm thinking forward.

Speaker 10 (01:11:51):
That's why I got Lazagna and not. That's exactly right,
no forward planning.

Speaker 2 (01:11:55):
Quick comment from you, Jason on Wrexham was that a
I mean that seemed like a PR stunt. They are
any good? I mean some second rate side just because
they're owned by Rob mcalany and his mate who cares.

Speaker 13 (01:12:05):
Yeah, yeah, well twenty five thousand people have turned up.
I don't think that happened too many other places around.

Speaker 2 (01:12:10):
Yeah, you know, I suppose that's the power of publicity.

Speaker 19 (01:12:13):
Yeah, and also, mate, you don't you don't often get
a second division English football team play yeah.

Speaker 2 (01:12:18):
Well the reason there's a reason for that said, and
that's because no one gives them monkeys.

Speaker 11 (01:12:21):
Well yeah, but some some of the club's tour Australia.

Speaker 2 (01:12:24):
And I mean the men's city Chelsea, Liverpool and a
top side from that, you know, not your you know
your B team. I'd go see that, but rex I
mean Wrexham. Mean you know, so Ryan Nelson, what's his name?
Who's Rob mcillany And who's the other clown Ryan?

Speaker 11 (01:12:44):
It's not right now who it's like? Who cares? So
some semi famous blo come back a little bit. You've
come back a little bit prickly. What did you do
on your holiday?

Speaker 2 (01:12:52):
I watched Bagacha Have you seen him? My god, what
a freak of nature.

Speaker 11 (01:12:56):
He's a freak. Yep.

Speaker 2 (01:12:58):
I'm a man on a bike.

Speaker 11 (01:12:59):
Were you on your were you?

Speaker 2 (01:13:00):
I'm on exactly, I'm on my bike. I'm pumping thirty
six thirty seven k's an hour, right, so, and I
see that guy doing fifty five uphill and I'm thinking
it's not possible he's injured.

Speaker 11 (01:13:12):
There's little leagues of yours must be going like bloody pistons.

Speaker 2 (01:13:15):
Going the game between one O six and one ten
revolutions a minute sav and their good looking exact pace
at what yet? Good the wat's number. I've got to
push a button to change from watts to calories and.

Speaker 11 (01:13:27):
So, and you're so bugging you can't reach it exactly,
I can't reach the button.

Speaker 2 (01:13:32):
Nice, nice to see you, guys, Jason Pine and Andrew
Savalet twenty.

Speaker 1 (01:13:35):
Three, The Mike Hosking Breakfast with Vida Retirement Communities News,
togs Head b.

Speaker 2 (01:13:41):
I thought Scottish Scheffler's comments were fascinating. That kind of
sense of accomplishment he said, is a pretty cool feeling.
But at the end of the day, I'm not out
here to inspire the next generation of golfers. I'm not
out here to inspire someone to be the best player
in the world, because what's the point. This is not
a fulfilling life. And it goes back to that thing.
And if you watch full, which is quite good, it's
not good as a series, I've decided, but it's good episodically,

(01:14:05):
so every now and again, each of the episodes occasionally
is a very good story within the overall series. But
as they point out, it's one of those unusual sports
golf whereby even when you're the best, like Schefler, you
don't actually win much. And that's why Ryan Fox made
headlines because it was Schefler and was it McElroy who
were the only ones along with Fox who'd won multiple

(01:14:25):
times so far the season on the PGA. You can
be absolutely brilliant and still come third. You can be
the world's number one still be fifth. And so I
suppose if you're never winning, most people that dominate their
sport win. You expect to win, and winning is what
it's all about. But if you dominate your sport and
come sixteenth, and I suppose the money's got something to
do with it, which then brings up the fascinating area

(01:14:47):
of things like live or whether you're offered a Roger
twy Vasishek contract to go play rugby and Saudi Arabia
or something, and whether you get any satisfaction out of that,
because actually what drives you is you want to be
the best in you, to be a champion as opposed
to just being the rich sportsman. It's interesting, isn't news
for you? Then we'll get to Steve Price in Australia.

Speaker 1 (01:15:07):
The only report you need to start your day, The
MI casking Breakfast with al Vida, Retirement Communities, Life Your
Way News togsad B.

Speaker 2 (01:15:16):
I was watching a little bit of television over the
holiday period and I didn't have time to raise it
today with the Prime Minister, but at some point I will.
And this goes to our inability to build anything in
this country. So it's just a tiny little short piece
in an ad break on Fox. And it was filmed
clearly when Trump was in Saudi Arabia a couple of

(01:15:37):
weeks ago, and the guy who was hosting a guy
called Brett Beer. If you watch Fox, you'll know who
he is. He was standing at Boulevard Read City, which
is the largest permanent entertainment building in Saudi Arabia. They're
spending a lot of money at the moment trying to
attract tourism and all that sort of stuff. So what
caught me was that Boulevard Read City at its peak

(01:16:01):
had forty thousand people building it. Think about that forty
thousand people building it. When you have forty thousand people
building something, guess remembering this is the largest permanent structure
in entertainment structure in the Kingdom. They built it in
one hundred and eighteen days, barely four months. How much

(01:16:23):
road do you reckon we could build in four months
in this country? Do you reckon it would be more
or less than six centimeters?

Speaker 9 (01:16:29):
We're up fast track, I mean we love fast tracking.

Speaker 2 (01:16:32):
Twenty two minutes away.

Speaker 16 (01:16:33):
From nine International correspondence with Ensit Eye Insurance Peace of
mind for New Zealand business.

Speaker 2 (01:16:40):
Steve Price, very good morning to you, welcome back, thank you,
and welcome back to you too since I last talked
to you. Did you enjoy Japan?

Speaker 3 (01:16:49):
Yes, Speaking of countries that can make things and keep
their people employed, that's one hell of a country. They've
got a tunnel to dig through a mountain. They do it,
and they finish it quickly, and they open it quickly,
and it all works, including their famous Shinkansen trains of course,
that now can run from Tokyo all the way to
the island of Akkaido underneath the Sea of Japan in

(01:17:12):
about four hours.

Speaker 2 (01:17:13):
So it's amazing. Great the polls this morning, I mean,
you have to cut some slack. The new leader got
to rebuild all that sort of stuff. But these numbers
look dreadful for the coalition, aren't they.

Speaker 3 (01:17:23):
Yeah, they're not just Newspole off Coke Newspole, but it's
also a result poll in the nine newspapers. Susan Lee,
who is now the Opposition leader, will not want to
wake up this morning and see the support.

Speaker 7 (01:17:35):
Excuse me.

Speaker 3 (01:17:36):
The coalition is at its lowest level since nineteen forty six. Now,
what's going to happen tomorrow? Parliament resumes and she will
sit there in the Opposition leader's seat at the dispatch
box with Anthony Albanezy opposite to her and facing her
will be ninety four Labor MPs. Ninety four. There's so

(01:17:58):
many labor MPs after that May three election victory that
some of them are going to have to spread across
to the opposition benchres on the other side of the
house because there's simply not enough seats for the labor
MPs to sit in. Coalition has gone backward since the election.
Support i should say for both major parties is down
to sixty five percent, so you know, thirty five percent

(01:18:21):
of Australians don't support either of the major parties. But
the Coalition has gone backwards one point eight since the election.
Their primary votes now at a pathetic twenty nine percent.
They've got some real soul searching to do. The only
aspect of the Coalition that is healthy is probably the
National Party they've held onto their seats across Australia because

(01:18:41):
there's a lot of anger in the bush about how
much money is being spent in the cities. But for
the Coalition, they've got.

Speaker 7 (01:18:46):
A real problem.

Speaker 2 (01:18:48):
Just quickly because I've been away and I'm always past
this lath and thing. What do they do about this?
Where does this go on? What happens?

Speaker 3 (01:18:56):
Well, it's too grubby to even really go into much detail.
You know, he's denied it all. She's denied it all.
This is a partner of the bloke who was a
heartbeat away from being Prime Minister and he's been involved
in a relationship that's turned toxic. He's in the upper
House of the New South Wales Parliament. The police don't
seem to be interested in investigating it. The only aspect

(01:19:19):
of it that might mean that mister Latham might be
pushed out of the house will be that he had
a sexual encounter with this woman in his office on
his desk. So let's leave it at that.

Speaker 2 (01:19:29):
And under if that was true, under what circumstances would
they get rid of them from the house. I mean,
what's the mechanism used for that?

Speaker 3 (01:19:37):
Well, I presume there's some regulation about what you can
do in your office in the Parliament. He was also
apparently taking pictures of opposition female MPs and sending her
rankings of what he thought they looked like. So the
boat's toxic. I mean, tried to sue me once and failed.
He's not really worth you and I.

Speaker 2 (01:19:58):
Waste Why did elbow? Here's the other fascination as I
followed him around China while I was the way, Why
does he take so long? Why didn't he just meet
jigg and carry on with life? What's he doing up
the wall and round about the place? It looked like
he was on a fourteen day guided tour.

Speaker 3 (01:20:15):
It does look like that, but he has given an
interview on his wrath Jet coming back to the Australian overnight.
So he's back in Australia now. It was six days,
so it was a long time. He was asked about
what the question might you just ask? Why did you
go to the wall great wall trying to watch you
go and see anders? And he said, quote, I was
showing respect to Australia's biggest trading partner. When that just

(01:20:38):
seems ludicrous to me. He said he will also take
on Donald Trump when he finally gets a meeting. I mean,
this is a sow point for him. Obviously, clearly he
felt very comfortable there. He's going to follow in the
footsteps of the great golf Whitlam who went on the
wall in nineteen seventy one. That to me just showed
he is completely out of touch with the reality of

(01:20:59):
what Australia is like the moment. Because life's pretty tough
for most Australians. They don't want to see their Prime
Minister on a guided tour.

Speaker 2 (01:21:06):
Of China exactly. Hey, this industry group that says you
don't make anything in Australia anymore, I mean what I mean,
what do you make?

Speaker 10 (01:21:13):
Do you made?

Speaker 2 (01:21:13):
Is Arim Williams made in Australia? Still?

Speaker 3 (01:21:17):
I believe they are, yes, And it's interesting that you
made the same comment about what could be built in
correct time in New Zealand. But Innes Willocks, the head
of the Australian Industry Group, has said, look, we don't
even make anything here anymore. I'll give you some boring
dry stats in a second, but one of the points
that season by coverage of this was he said, we

(01:21:38):
don't even make peanut butter. So I grabbed the Baga,
which is a place south of Sydney peanut butter jar
out of my pantry. And how to look at the label.
I had to because I'm old now. I had to
use a magnifying glass to read the writing. But it
said made in Australia, and then in brackets of at

(01:21:59):
least ten percent Australian ingredients only ten percent, So ninety
percent of it is imported from somewhere else to make
into peanut butter that they claim is made in our country,
which it's not. We are in a recession in manufacturing.
Five one hundred and thirty six businesses collapsed up to
June twenty twenty four latest figures, Energy skill shortages and

(01:22:24):
there are sixty one percent of jobs that need skilled
workers that can't be filled. So a little like you,
we seem to be sitting back just doing nothing about that.
And I think Australians are going to get very upset
about that very soon.

Speaker 2 (01:22:37):
And this is really interesting thing about the poll this morning. See,
I mean last week you got your unemployment numbers four
year high I mean you're losing jobs as well. I mean,
how come the government's so popular in an economic environment
where it ain't that flash.

Speaker 3 (01:22:50):
I think there's a lag effect, and I think people
are just catching up to the fact that we are
probably technically in a recession. So many people I know,
made redundant, so many businesses falling over that it hasn't
really caught up with them yet. The Opposition are not popular,
so no one's turning their vote over to them. They're
probably turning to look to alternative parties. But Australia at

(01:23:12):
the moment is a tough place. A lot of people
blaming state governments, not federal government.

Speaker 2 (01:23:16):
That's how the aspectable of that very interesting. They can
make catch up Wednesday appreciate it. Steve Price out of Australia.
And my other fascination was of course of the Tasmanian election,
where a lot of people thought that the Liberals would
get done for Liberals were the minority government. The Labor
opposition called for a vote of no confidence. They won it.
So after the election we went and a lot of

(01:23:38):
people because the general election had been held in the
ensuing period, remembering Tasmania only had an election last year,
a lot of people thought, well, Labour did well federally,
so they're going to do well here, so they'll flip
the government. But they didn't. Labour had their worst turnout
ever and the Liberals had a three point three percent
lift in the primary vote. They're still counting and it
looks like they've achieved absolutely nothing. So in other words,

(01:24:01):
that the Libs will probably be able to get back
and form a minority government. So they went round and
round around and ended at back exactly where they started.

Speaker 1 (01:24:11):
Eight forty six, the Mike Asking Breakfast full Show podcast
on iHeartRadio, Howard By News talks, that'd be.

Speaker 2 (01:24:20):
Mike, who worked and read for five years. They built
a new multi story building at the hospital. I worked
there for a year. The workers wereyal Pakistaniuserlanka, no days off,
twelve hour days and at the time were supposed to
be not working when the temperature got above forty eight degrees,
but they always reported it as forty seven. It's funny
you should say that, bron When my brother lived them
to buy for a number of years and the same
story is told that it never quite gets to the

(01:24:40):
point where you need to go inside because it's too hot.
By the way, Mike, can you find out if exporters
New Zealand exporters have had to drop their prices ten
percent to the US or are the importers wearing it? Well,
the answer is there's no answer to that. What happens
with tariffs is that you do one of a number
of things. One soak it up you. In other words,
you just keep supplying your product to the United States

(01:25:02):
at the same price as it was beforehand, and you
take the hit on the bottom line, or you do
a deal with your distributor or importer or middle person
or whoever that person may be that maybe they suck
up a bit, you suck up a bit, and maybe
you put the price up a little bit. So it
just depends on who you are. What I'm hearing so far,
because we're at the top end of the market, especially

(01:25:23):
in things like red meat and wine, is that you
can just add the ten percent on and people will
still pay it. Mike may have missed your overview of
the current f one fiasco, but I'd love.

Speaker 7 (01:25:34):
To do it.

Speaker 2 (01:25:34):
Well, is it a fiasco?

Speaker 11 (01:25:36):
Really?

Speaker 2 (01:25:36):
I mean, Horner's going to end up at Elpin. I've
done a lot of reading and research and listening on
this Horn's going to end up at Elpine. The main
reason they got rid of him was, funnily enough, a
lot of people made something of the fact that the
business last year. It was nothing to do with that.
A lot of people made something of the fact that
they're not winning this year. There's a little bit to
do with that, but the main thing is the shareholding

(01:25:59):
distribution between the Ties and Red Bull has changed slightly.
The head red Bull guy died last year and there's
a different view from Red Bull and the way that
Red Bull Racing was being run is not the way
they want it run in terms of it being a
division of the corporate entity of Red Bull in Austria. Basically,

(01:26:22):
Horner and Marco were allowed to do whatever they wanted
and they want that changed, and so Helmet Marco and
Christian Horner had too much power and they needed to
basically change that, which is what they're doing. As for Horner,
he'll end up at Elpine because he wants ownership stake
in Eccleston will Backham and there's no one else that
would he'd be interested in. But they are looking for

(01:26:43):
somebody at Elpine and they would give him a stake
in the company, which is apparently what he wants. So
that's basically where it's going to end. In the Mickey
As guy who is from Racing Bulls who is now
leading Red Bull is very likable, very well liked and respected,
and everything will carry on. So I think that's where
I see it. And they go to Belgium this weekend
and one of the great tracks of the world, and

(01:27:05):
we'll enjoy it and hope that liam As always does well.
Eight minutes away from nine.

Speaker 1 (01:27:10):
The make Hosking Breakfast with the land Rover Discovery News
togsad been the good.

Speaker 2 (01:27:14):
A piece of reading in the Herald yesterday if you
missed it, Kathy Young wrote a piece about ice swimming
in some bathins and some bathans is one of those
places you got to go. If you've never been. You
go once, you wouldn't want to go twice. There's nothing
there but apart from its beauty. Obviously. They swim in
the blue Lake, which is called the Cathedral of swimming.
This is ice swimming, so it's not just like ice dipping.
The reason I got excited is I throw myself in

(01:27:35):
icy water, but I don't swim and these people who
were fifty one of them at the National Open Water
Championships and the temperature was four point eight degrees, which
and I couldn't work it out. So you throw yourself
in water at four point eight five degrees and you
go numb fairly quickly. But if you swim, you presumably
warm yourself up, so it's maybe it's the initial thing.

(01:27:57):
And then you know what I'm saying, So I don't
know which is worth just doing a nice plunge or
plunge and then swim. But it's inspiring. It's a good read,
and it's inspiring, and it's good to know there's a
lot of people out there doing interesting things. Five minutes
away from.

Speaker 1 (01:28:09):
Nine trending now with Chimist Warehouse, Great savings every day.

Speaker 2 (01:28:16):
King Charles and Ha's garden at High Grove. They've got
some problems. He loves High Groves. High Groves beautiful to
other place you should go to if you ever get
the chant. Living out of twelve of these gardeners have quit.
This is the author and reporter Laura Wolf.

Speaker 14 (01:28:30):
The King likes to take his daily walks when he's
at High Grove. He likes to take his daily walk about.
He likes to give feedback to the staff. He likes
to quiz them. In recent years things have got very
unhappy with the gardening team, the head gardening team at
High Grove. They have lost eleven out of the twelve
gardeners since March twenty twenty two. That is a lot

(01:28:52):
of stuff. Let me just read you what happened when
he was walking. He was doing a walk about and
he was talking to a probationary gardener, so presumably a
young lad or a trainee gardener, and the gardener made
a factual error about a flower. And you know what,
King Charles said, don't put that man in front of
me again.

Speaker 10 (01:29:13):
Joking.

Speaker 14 (01:29:14):
It's really bullying behavior.

Speaker 2 (01:29:17):
Were we recording some cafe and Huddleston. We're everywhere? Man,
what you say, We've got ears everywhere. He did not
say that. He didn't liven out of twelve over a
three year period. The show burns through that sort of
producer does I mean with it through ye?

Speaker 1 (01:29:35):
But the thing is people actually want to be royal gardeners.

Speaker 2 (01:29:38):
That's true, so it's a bit of a difference there.
And argue with it. You should see Charles and hidgings
into that old fashioned hitging. He's very good at it too. Anyway,
back tomorrow morning from six as always on the Mic
Hosking Bricks, Happy Days.

Speaker 11 (01:29:54):
Town Flowers, and only Twice.

Speaker 1 (01:29:57):
For more from the Mic Asking Breakfast, listen live to
news Talks it Be from six am weekdays, or follow
the podcast on iHeartRadio