Episode Transcript
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Speaker 1 (00:00):
Your source of breaking news, challenging avillion and honored facts,
the Mic Hosking Breakfast with a Veta, Retirement, Communities, Life
Your Way News, togshead bes lolling and welcome today.
Speaker 2 (00:12):
Making the house build cheaper with all those new products
AI and the doctor and the changes coming to a
clinic near you. How's the job market looking? New stats there,
the pms and the lads do the sport after write
Richard Arnold and the States, Steve Price and the mighty
odds for you as well, Husky, Welcome to a new week,
seven past six. Let me ask you this question, Ay,
if you've vented into something knowing that it will ultimately
(00:33):
achieve little to nothing and it's a multi year deal,
is it worth debating and reviewing in the meantime pretending
set agreements going anywhere? So, what we've got is the
Climate Commission. They've just released their first full report on
this government's climate plan as it relates to net zero
by twenty fifty. Now, I'm here to tell you we
will not be net zero by twenty fifty. Very few
of any in the world will be net zero. Help
(00:53):
some some harely been trying. Now this isn't about whether
there's climate change park or that this is simply about
beyond the rhetoric and the good intention. Is it worth
taking a pledge seriously if said pledge is not going
to come to anything. So the report says, right here,
right now, the government's on track from twenty twenty six
to twenty thirty, though it starts to look a bit
touch and go, and they argue the governments to reliant
(01:16):
on tree planting and a lot of sciences yet to
eventuate we need to do more. After that, we seem
to wander, from the Commission's point of view anyway into
worrying territory. Now, if we don't get to net zero,
then what answer? Nothing? No one's going to jail. What
if the commissioner wrong many bodies of course, our treasury
are wrong all the time. What if science comes to
the party in a spectacular fashion. Also, our governments will
(01:38):
change between now and twenty fifty many times over. This
is the first report, for example, of this government, because
a lot of what the last government was doing got
tossed out. But no matter who runs New Zealand, we
will not get to net zero. And when we don't,
nothing comes of it. So the original question, given that,
how many reports do we need? How many reports do
you want to read? How much energy do you want
(01:58):
to put into a process that we know really only
works effectively when we close the country down as we
did during COVID. Can we tinker? Yes, and we are.
Have we made some progress? Yes we have. Will it
save the planet?
Speaker 3 (02:10):
No?
Speaker 2 (02:10):
It will not. If you know what it looks like
at the finish line and you're essentially wasting your time
between now and then, shouldn't we simply be honest and
admit it's not happening, it's beyond this and save some
serious time, energy and money.
Speaker 1 (02:25):
News of the World in ninety seconds.
Speaker 2 (02:27):
Well, they're not yellow chairs, but they are Turonbury chairs
in Scotland. Scotland chairs. But where the Donald goes so
too to the world leaders this morning, it's Penursula and
her desire for a trade deal.
Speaker 4 (02:37):
If you look at the trade volume, it's the biggest
tree volume globally with one point seven trillion dollars among us.
And if you look at our markets it's a huge
market two hundred million pip.
Speaker 2 (02:50):
She is right, and Don was turning on the charm.
Speaker 5 (02:53):
It's in honor to have the President of the European
Union with US has been really done a terrific job
for them, not for us, but she's done a great job.
Speaker 2 (03:05):
Rhetoric around Garza continues to intensify against the backdrop of
the peace talks, which you've yet again collapsed. The BRIT's
piling the pressure on.
Speaker 6 (03:11):
He says, today's announcement of a temporary pause by the
IDF to allow humanitarian corridors to open is essential but
long over due access to aid must therefore be urgently accelerated.
Speaker 2 (03:25):
Back at the golf course, Dawn knows what the problem is.
Speaker 5 (03:28):
It's not like they're eating well, but a lot of
food is getting stolled sol and by Hamas you know,
they're stealing the food.
Speaker 3 (03:36):
They're stealing a lot of things.
Speaker 5 (03:38):
You ship it in and they steal it, then they
sell it.
Speaker 2 (03:41):
One of these rightly hostages mums not having those peace
talks have gone though with.
Speaker 4 (03:45):
We heard the last week's prison and Trump saying we
will hear about the ceasefire soon next week. In a
few days, I still had expectation, I still had.
Speaker 2 (03:59):
All the end of the football England v. Spain.
Speaker 7 (04:02):
It's going to be a last minute.
Speaker 8 (04:03):
One again and hopefully.
Speaker 6 (04:05):
I can score.
Speaker 3 (04:07):
Hopefully. What's your prediction, Poppy too, Neil Twinge, you think
about that too, Yeah, I'm for it.
Speaker 1 (04:15):
Yeah, I seen two one.
Speaker 2 (04:16):
Well it could be two one because one all and
they're heading to overtime. Finally, awesome new idea on tax
in America. So the government is encouraging people to make
donations donations via PayPal and Venmo to help reduce the
thirty six point seven trillion dollar debt the Treasury. Actually
you can do this since nineteen ninety six. Apparently it's
only recently been added to the Department of Treasury's website.
(04:37):
Over sixty seven million people have actually donated. If you
can believe it hasn't made a dent. No, yesterday their
debt went up another thirty four point five billion. Used
the world of notes. Yeah, deal deal US and EU
of interest to US. Trump has suggested that the small
country terriff rate's going to be fifteen percent. We'll talk
to the Prime minister about that later on the morning.
(04:58):
Trump also weighed into this island Cambodia business over the weekend,
and they said get it together or else there's trade
implications for you. So they are now going to look
to negotiate some sort of peace deal. They've killed thirty
four just placed more than one hundred and sixty eight thousand,
so he's had some effect there as well. Twelve pass six.
Speaker 1 (05:17):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talk Zippy.
Speaker 2 (05:25):
Also interesting in that part of the world. The Philippine
Supreme Court over the weekend blocked an impeachment trial against
Deterte as in Sarah, she's the VP allegedly, and the
lower House agree because they voted to impeach your She
threatened to kill Bombong who's the president, but the top
court stepped and said you can't do it. So that's
all illegitimate. So I don't know where that goes. Fifteen
past six Devon Funds Management, Grigsmith, Morning, Mory, Mike, go
(05:50):
a visit your Monday morning. With a trade deal.
Speaker 9 (05:53):
Absolutely, we've got some great news out of Scotland that's
not told. Trump's around the golf. Yes, obviously we had
your pair last week. Week. Now we've got the deal
between US and Europe, so fifteen percent tariffs and yeah,
the big saying Mike, of courses, it includes automobiles, which
we're facing a tariff of twenty five percent. Of course,
we had the August one deadline this Friday when tariffs
(06:13):
are going up to thirty percent, So yeah, the move
was pretty good. They said it's going to be an
all inclusive deal, although Trump later said does include pharmaceuticals
and metal and metals, so they've sort of said that
that's going to sort of come in the next sort
of couple of weeks. As usual, the bluster from Trump
was it's the biggest of all the deals. Then vonder
Land said it all bring stability. So what have they
(06:35):
agreed to do. The EU is purchasing seven and fifty
billion dollars in US energy, They're investing six hundred billion
dollars in the US and in terms of their tariffs
to use companies is a going to be zero, and
they're also going to purchase vast amounts of military equipment.
Speaker 3 (06:50):
So yeah, this is a huge relief.
Speaker 9 (06:51):
Of course, you had sort of threatened talts of around
about one hundred billion euros on American products of no deals,
so we've got past that. Yeah, real significant step forward
and resolve in the global trade frictions, Mike, and yet
a matter of a certain conversation between US and China
will now be adventures later in the week.
Speaker 2 (07:10):
Yeah, exactly. But v DUB they was stillantis and gym
and all that the other week. I mean this one
point three billion dollars mean it's still material, isn't it.
Speaker 3 (07:18):
Yeah, that's right.
Speaker 9 (07:18):
So it looks to be a huge relief there wren't there,
but yet certainly they've certainly been under the pump. SOVDUB there.
Operating profit with three point eight billion euros for the
quarter was down twenty nine percent from a year ago,
is about one hundred million than what the market was
looking for one of every four cars in Europe they
can from. Volkswagen's second quarter revenue was eighty point eight billion.
That was two billion euros less, down three percent in
(07:42):
the sales in North America and not going well down
sixteen percent, up to nineteen percent in South America, up
a bit in Western Europe and also Eastern Europe. China
down about three percent. But yeah, it does tears one
point three billion in the first six months. As you say,
there's also restructuring provisions of seven hundred million, so they
downgraded their operating return forecast.
Speaker 2 (08:04):
For the year.
Speaker 9 (08:05):
They did say that for yourselves are expected to come
aligne with last year, although they had said that they're
expecting their eyes of five percent. So certainly the trade
frictions have been causing some issues. Hopefully that will be
resolved going forward. On the brighter side, Mike, I thought
this was interesting. We've talked about EV's a bit, but
their sales in Western Europe rose by nineteen percent in
the first half of the year. There are eving sales
and now eleven percent of the total, and I think
(08:27):
obviously they're probably benefiting from the backlash against Tesla. Their
first half ordered intake for all electric vehicles up sixty
two percent, so the old OWD EQ six that's flying
out the showroom. So yeah, they lie a margin, but
they'll be happy with that. Just on the tariffs, that
actually assumed a tariff freight of twenty seven and a
half percent for the second half of the year, so
(08:48):
that's going to be a great news over the weekend
for them. And yeah, certainly less of ahead whind going forward.
They had been sort of planning for those high tariffs,
of course, to be looking to boost the US footprint.
I've been explaining the plant over there and also that
it's partnership with Rivian USCV startup. But yeah, good news
there over the weekend. But yeah, it's been than expected.
On Friday, she is up five percent. They are up
(09:10):
fifteen percent year to.
Speaker 2 (09:11):
Day, right China, then spring of TVs and things like that.
I mean the industrial profits are down. Where are they at?
Speaker 3 (09:17):
Yeah, that's right.
Speaker 9 (09:18):
It's industrial profits down four point three percent last month
from a yearly. It was after they contracted nine point
one percent of May, so you could say things are
getting a bit better. The dequestion in the first half
of he is just under two percent. There was actually
half of what was expected. So yeah, it's having an impact,
but not as much as thought. But did underscore the
agency to look at this. The price walls that are
(09:38):
going on cut threat competition over there. It's actually dubbed
involution in China, particularly prevalent in autos and also solar panels,
so that's causing deface through pressures. Factory gate prices there
at a two year low, so officials look like they're
going to try and crack down on this is what
they call disorderly low price competition. It might be some
(09:59):
round of capacity cuts coming, but look they're certainly in
a position to do this might because it's basically state
owned firms, they're of the main issue. So profits there
the client eight percent. Private sector companies actually saw a
two percent lift and foreign firms was two and a
half percent. So yeah, towns are a big fact that
there will be a lot of interest in that meeting
this week between Steve Besson and his Chinese counterparts. So yeah,
(10:19):
we're in Japan last week, We've got Europe over the weekend.
Is it going to be the sort of the main
course and a deal of China land and the week.
Speaker 2 (10:25):
Let's see, very big week coming headline this morning. This
could be the most consequential week of the economy in years.
They refer of course to the Americans. So lot's going on.
What are the numbers go.
Speaker 3 (10:34):
Along with that? For sure?
Speaker 9 (10:35):
Yeah, the Dow is up point five percent, forty four
nine are all one on Friday, that's only about one
hundred points in a record high. S and P five
hundred and another record high up point four percent, NASDAK
and other record high up point two percent, fifty one hundred,
down point two percent, nick A down point nine percent,
ASEX two hundred, down half percent, eight triple six, insects
fifty up point four percent, twelve eighty five to three,
(10:57):
gold that was at thirty one bucks three and thirty seven.
Announced oil down eighty seven cent, sixty five spot sixteen
currencies key slightly softric It's to US sixty point two,
Australiana on ninety one point seven up slightly, British pound
up point four percent, forty four point eight, Japanese yen
up point three percent eighty eight point nine.
Speaker 2 (11:15):
But yeah, big week.
Speaker 9 (11:16):
Lots going on locally my business, consumer confidence building permits.
We've got Agms, Ryan Healthcare and Main Freight. We've got
lots of big tech results, Apple, M's and and Microsoft,
also got Boeing and Shell, Heineken, Visa MasterCard. But yeah,
there's lots of interest in whether we're gonna either trickle
or a deluge of deals before August one. But obviously
China's on focus, and we've course got EU GDP, We've
(11:39):
got the Bank of Japan, China use infation, non fun payrolls,
and also the big one.
Speaker 3 (11:44):
The FED.
Speaker 2 (11:44):
All right, make go well, catch up soon appreciated Grig Smith,
Devin Funds Management movie So Hot Right Now, Fantastic four
first steps open domestically in America one eighteen million. It's
a good opening. Internationally got one hundred, so that's two
eighteen eighty eight percent fresh on the rotten Tomatoese time,
Spider Man and if One broke through half a billion
each five oh two for Superman, five oh one for
(12:08):
f one. So scenes of the movies are back six
twenty one. You're on the Mike Hosking Breakfast.
Speaker 1 (12:13):
The Vike Hosking Breakfast Full Show podcast on iHeartRadio powered
by the News Talks at B.
Speaker 2 (12:24):
Listen to this morning, Mike. The Warriors are in trouble,
No they're not. They didn't loan anything via the Knights,
and the wheels are coming off. They could lose their
next two games, be at the bottom of the top
eight if for the pole eight. Everything that's wrong with
this country, Mike. Things in the lucky province Canterbury just
keep getting better, the growing economy, crusaders on top, and
now the tactics saw the Tactics yesterday. Southern vibes feel good.
(12:45):
Well more later. But the best region in the country
is not Canterbury. The best region of the Canterby is
Southland and Otago. But even then and this is a
conversation with the Prime Minister. Even then, the two best
regions in the country at five out of ten. Five
out of ten is as good as it gets at
the moment. So more on that late A six twenty five.
Speaker 1 (13:04):
Trending now with chimmis Wells keeping Kiwi's healthy all year round.
Speaker 2 (13:09):
Joy Leno has dipped his toe into the whole late
night TV colbe a business. He was doing an interview
for the Ronald Reagan Presidential Foundation. They've looked at Leno's
work over twenty two years on Late Night. They found
us jokes, interestingly, were roughly half and half politically.
Speaker 10 (13:24):
It was fun to me when I got hate lot
of some famous on you and your Republican friends. Well, miss,
and I hope you and your Democratic buddies are happy
all the same joke, and I go, well, that's good.
So that's how you get a whole audience. Now you
have to be content with half the audience because you
have to give your opinion. And to me, I like
to think, can people come to a comedy show to
kind of get away from the things, you know, the
(13:45):
pressures of life wherever it might be. And I love
political humor. I don't keep get me wrong, but it's
just what happens. Was people wind up causing too much
to one side or the other. I just find getting out.
I don't think anybody wants to hear a lecture. Why
ish you for just half an audience all the time?
You know, why not try to get the whole. I
don't understand why you would alienate one particular group.
Speaker 2 (14:07):
You sharp? Isn't he? Jay Lenna? A couple of other
things that we'll feature on the program, depending on when
time permits. Australia signed this fifty year orchestral fifty years
with Britain over the weekend. That's too ty in Trump.
Of course, I knowe that India is resuming issuing visas
to Chinese national so that's encouraging. The FCC approvi eight
billion dollar paramount skydance business. And the lady who was
(14:29):
involved in the coldplayed business very clever. If you haven't
seen the Peltrow thing, it's it's moderately it's an interesting
twist on good pr If you haven't seen the Peltrow
thing with astronomy anyway, the HR woman she's quit and
she was photographed waterland worn over the weekend, so I
don't know whether there's a payout there, and she's happy
you would't. I jobs, we need to get into that
and we'll do so. There's good and bad news. Run
(14:51):
the jobs front in this country. All the details for
you after the news, which is next. You're on the
mic asking breakfast.
Speaker 1 (15:00):
Used and the newsmakers the mic hosking breakfast with the
land Rover Discovery never stop discovering news, Togs dad be.
Speaker 3 (15:08):
We did a.
Speaker 2 (15:08):
Loyalty problem in this country, morning, Mike. You're incorrect on
the Warriors that they're not prepared to spell out the
form players. We will win two of the next six
and have an early summer break him for goodness sake
my brother though he doesn't. Maybe I'm soft. I was
trying to explain to my brother because he said, what
the hell happened there? And I said, look that I
thought Gold Coast played extremely well. In fact, I know
the Gold Coast played extremely well. A lot of completion
(15:30):
of sets of six are very very few eras if any.
They played basically the perfect game and Hasler got five
hundred games, and good on them for doing it. We
were okay, we should have won, and I get all
of that and not excusing them. I'm just saying there's
an explanation. But my brother has bro bro that's what
he says, sort of aggression he deals with me. I
don't agree. It's one hundred percent of mental thing the
boys and the coach can't shake. It's bizarre. It's like
(15:52):
the price of butter. Potholes and medical schools in New
Zealand will forever love to bitch about it even when
we get it right. Is he right? Twenty three to
the the EU thing?
Speaker 1 (16:04):
The golf?
Speaker 2 (16:05):
You see Trump pump down hill and it turn heavily
right and he sunk it. He's actually quite a good golfer.
What I noticed but hadn't noticed before is he doesn't
pick the ball out of the hole. He has people
do it for him because he's too fat to bend over. Yeah,
he doesn't really swing as club either. He doesn't swing
his club, but he clearly can get the ball going.
Broadly speaking, in the right director, he's probably as good
(16:27):
as Kim johng Ooh, he's a very very good at golf.
Speaker 3 (16:29):
Where was I?
Speaker 2 (16:30):
The job stats for June there with us adds it
down for the second month in a row. We've seen
a full of three percent applications per job though interestingly
also down two percent. But what's going on in the
public sector? Government Defense is up fifty fifty one percent.
Defense I get because they've got issues anyway. Rob Clark
has six country manager in his back. Well, there's Rob morning,
Good morning. The big number of rises that were seeing
(16:51):
here of the government Information and Tech ice team manages
up forty two percent. Is that a bit of monthly
noise or is something going on there?
Speaker 11 (16:58):
It's a bit of monthly noise. Rey ICT have had
it sort of a bit tough over the longer term,
but they did have quite a good June and a
couple of roles in particular, you know, saw some quite
strong demand.
Speaker 2 (17:08):
Okay, the government in general, is there something going on there?
Speaker 11 (17:12):
Well, it's worth noting that this time last year at
the absolute bottom, and we all know that they've been
through some pretty torrid times in Wantington in general. So
what we're seeing there is just a bit of a
rebound from a very very low base.
Speaker 2 (17:24):
Okay. The applications per job is that people walking away
from the market or they went and got a job.
Speaker 11 (17:31):
That is just a situation where the supply of talent
is outstripping a demand, and so there's just simply a
lot of people applying for fewer roles.
Speaker 2 (17:41):
Yeah, but there's not as many as there were. I mean,
normally you're seeing an increase in the number of people
applying for limited number of roles, and that numbers dropping.
That indicates either they've got work or they can't be
bothered looking anymore, doesn't it.
Speaker 11 (17:51):
Well, it's a pretty small drop. We're still at record level,
so I wouldn't read into anything into one particular month
because that's been growing for quite some time. All remains
really competitive out there. For Jake Secers, Do.
Speaker 2 (18:02):
We know at any given stage what part of the
job market is filled by people who may or may
not work depending on their mood or vibe or circumstances,
versus people who have to work.
Speaker 11 (18:14):
Well, el STA's New Zealand's probably the best place to
look at that. In terms of the unemployed and those
who choose to work and don't choose to work. The
participation rate in New Zealand is typically quite high, so
the proportion of the working population as higher out to
the total population and sort of as slightly higher than
Australia typically, So yeah, we're still seeing a lot in
(18:37):
that regard, more in the part time space recently, just
as people look for any kind of role they can.
Speaker 2 (18:43):
There's only three regions that went up, Southland, Gisbon, Marlborough.
Is there something specific there? Is that Hoart related? Is
the region going off? What's happening?
Speaker 11 (18:52):
We would see that as sort of monthly noise. Really,
you know, we saw a bit of a bump and
those markets are relatively small, a bit of up and down.
Speaker 2 (19:02):
Fortune. I was hoping for something a bit better than that,
but it's not your fault. All the other regions are
the rest of the country have gone down. When's the bottom, Well,
we think we're at the bottom.
Speaker 11 (19:12):
You know, if you think about the last twelve months,
it's literally been flat and so it's just a bit
of a grind, as our customers would describe it. We
still see areas where roles are hard to fill, particularly
the highly skilled areas, but by and large, it's just
a flat market at the moment. Having said that, there's
still seventeen thousand jobs on seek as of this morning,
(19:34):
so there's still a bit of activity going on.
Speaker 2 (19:35):
Good stuff. Rob appreciate your expertise as always Rob Clarke,
who's the Sikh country manager. Nineteen minutes away from seven Laski, Mike,
wake up, wake up. Our left edge is shot on
the fence. Cape will slow to play. Dellan's a revolving door.
Everyone don't nod Sammy seeing the aga I told you.
Speaker 12 (19:56):
I'm not sure which body's nodding at the bit about
you waking up.
Speaker 2 (20:00):
Probably all of it. Everyone's an expert.
Speaker 1 (20:02):
Eighteen to two The Mike Hosking Breakfast Full Show podcast
on iHeartRadio powered by News Talks e B.
Speaker 2 (20:10):
Let me give you a bit of decent economic news.
Are the Kiwi fruit situation I'm reading about over the weekend.
So we've sort of sorted our larger largest ever harvest.
We've got it out into the world. It's about two
hundred fifteen million trades. We're still counting, but we think
it's aout two hundred and fifteen million trades, largest ever.
So that's good forecast for twenty five to twenty six.
Bit early, but in general, the industry has picked seventeen
(20:30):
percent increase in total supply between last year and twenty
twenty nine, so that's still encouraging they're still trying to
work out what the hell's going on with tariffs. But
sales this season very good. Demand is stronger than they thought,
so that's all good. Sales programs started well, particularly in
Europe and North America and US now our sixth largest
market in terms of volumes, followed by China, Japan, Spain,
(20:53):
Germany and Career. I'll be interested in the Prime in Distoy.
It seems that Trump and I'll come back to it
in the moment. It seems that Trump the letter coming
to countries like it's not going to be the ten percent,
it's going to be fifteen percent. So the Prime Minister
keeps arguing we can sell our way through that, and
wine and Kiwi fruit and things like that. Certainly beef
in America might well be okay. So we'll get a
(21:13):
read on that later.
Speaker 13 (21:14):
Six forty five international correspondence with ends and Eye Insurance
Peace of Mind for New Zealand business.
Speaker 2 (21:20):
Which Richard on the morning to you what do you man?
So Earthler came and sat down in the chair and
a couple of minutes later the deal was done.
Speaker 14 (21:27):
So they announced from the golf course, the Trump golf
Course in Scotland, that the US and the EU have
recently framework for a trade deal. So as you indicate,
it'll mean a fifteen percent tariff for cars and other
products instead of the thirty percent the US.
Speaker 8 (21:41):
Had been dangling.
Speaker 14 (21:41):
So that's in line with the other deal that Trump
struck recently with Japan. The tariff was bit more than
the EU had been pushing for, as Europe also has
agreed to import additional energy from the US of A.
By many measures, the USU trade is the biggest relationship
of all, says Trump.
Speaker 7 (21:58):
This is the big one.
Speaker 1 (21:59):
This is the of them.
Speaker 3 (22:01):
Yeah.
Speaker 14 (22:01):
This was announced at the Trump golf course, where there
was an uproar years back when Trump strong armed his
way into ownership of the coastal stretch of property, in
part by dumping mounds of dirt in front of the
homes of people who had been living there for generations
so they couldn't see the ocean anymore. Well, again, in
terms of trade, this is a framework. There are said
(22:21):
to be three to four significant sticking points between the two.
Speaker 3 (22:25):
What are they?
Speaker 14 (22:26):
No details provided as yet, So maybe a bit like
the deal that we had with the British PM weeks ago,
right where it later turned out to be fraction less
than originally announced. Meantime, it is all happening in the
shadow of the continuing Epstein's scandal, as the bipartisan duo
Republican Thomas Massey and Democrat Rogue can I say they
will move after the August break the extended August break
(22:48):
for all federal Epstein files to be released. This is
Trump has refused to rule out a possible pardon for
Epstein's cohort Chelaine Maxwell, in a way that seems rather familiar.
Back in his first term, Trump insisted that the idea
of pardons for say, Michael Flynn, Paul Manifort, Roger Stone
hadn't even occurred to him.
Speaker 3 (23:08):
I don't want to talk about pardon so Michael Flynn yet.
Speaker 5 (23:12):
I have not even given it a thought as of
this moment.
Speaker 3 (23:16):
Elijah Stone, are you going to pardon him?
Speaker 10 (23:18):
Sir?
Speaker 3 (23:18):
He's been convicted felonies.
Speaker 2 (23:19):
I'm going to partner or I hadn't thought of it.
Speaker 3 (23:22):
I think it's very tough for what they did.
Speaker 14 (23:24):
Rojas Son, well, he wound up pardoning all three of them,
didn't he, But at the time hadn't given it a thought.
Not on Epstein's cohort Jelaine Maxwell either says Trump, now,
would you consider.
Speaker 15 (23:35):
A pardon or a commutation for Elaine Maxwell?
Speaker 16 (23:39):
Something I haven't thought about.
Speaker 14 (23:40):
Yeah, soun'd familiar.
Speaker 1 (23:42):
Well.
Speaker 14 (23:43):
Maria Farmer, one of Jelaine Maxwell's victims, says of Maxwell
in her experience, never met.
Speaker 17 (23:50):
A more credatory, terrifying human being in my entire life,
and neither had Virginia Giffrey, and neither has animal or
in Nishika or many girls like Chante. There's hundreds of
us that were preyed upon by Geylan Maxwell. She's a
very dangerous person and she threatened my life on many occasions.
I've had to move and be in hiding because of
(24:11):
this predatory child, predator and just victim predator. So it's
completely unacceptable for anyone to call her a victim. The
woman is not a victim. She's a victim miser.
Speaker 8 (24:23):
So Virginia's euphrae.
Speaker 14 (24:25):
As we've said, I do have a feeling she took
her own life just weeks ago when she was in
Australia at a young age of about forty. Julaine Maxwell
interviewed this weekend by Todd Duncan, Trump's former criminal lawyer
now number two in.
Speaker 8 (24:39):
The Justice Department.
Speaker 14 (24:40):
Why was she even interviewed? She was once charged with perjury.
She's been convicted and sends to what twenty years in
prison for sexually trafficking young girls, many of them schoolgirls. Duncan,
the Trump aide, went on a podcast run by Julaine
Maxwell's lawyer, David Marcus, and praised that lawyer.
Speaker 18 (24:57):
A lot of people who know you very well. I
now consider you a friend and someone who I know
pretty well. You are by far the best out there.
And I'll always say yes this podcast.
Speaker 14 (25:07):
Yeah, that's very very friendly, isn't it very chummy? So
will there be a pardon for pedophile? We'll see, all right,
see Wednesday, appreciate it. The line this is, by the
way I've won the Euros. We depend on the shoot out,
so that one said, Britain will go off. They love
a football winn and the men can't do it, but
the women seem to be able to.
Speaker 2 (25:22):
As regards the tariffs, it was ten percent for everybody.
Small nation letters. Last time I checked with the Prime Minister,
we hadn't got one. But here's what Trump's saying this morning.
Speaker 5 (25:32):
They're generally smaller countries or countries weren't too much business with,
but that they've already received to a large extent, they've
received a letter.
Speaker 1 (25:42):
They'll probably receive a.
Speaker 5 (25:45):
Letter of clarification or a confirmation type letter which will
go out sometime during this week prior to August first,
and the tariffs will start being paid by those countries
prior to August, you know, on August first and beyond.
Speaker 2 (26:02):
Who's the person in the background, exactly, You're so wonderful, incredible?
Speaker 3 (26:06):
President?
Speaker 2 (26:08):
Was that in his head?
Speaker 12 (26:09):
Was the rep I'd just assume that there's like a
white dressed Trump on one shoulder and a black dressed
Trump with maybe with the devil is on the other shoulder.
Speaker 3 (26:18):
Horns.
Speaker 2 (26:18):
Fabulous, You're incredible. Night Away from Seven, the.
Speaker 1 (26:22):
Mike Casking Breakfast with Bailey's Real Estate news Dogs.
Speaker 2 (26:25):
They'd be got very little coverage in this country, unfortunately.
But one of the most significant things in the Ukraine
War happened in the last couple of days. So Zelenski
tried to water down anti corruption a couple of anti
corruption officers. Now you've got to remember that Ukraine is
one of the most corrupt countries in the world. Anyway,
I mean, we all love Zelensky and we're all on
Ukraine's side, YadA, YadA, YadA, but they are never the
(26:48):
less a problematic country and have been for years. So
he tries to water this down. The people hit the streets.
They've never hit the streets since Russia invaded. So he
suddenly got a domestic protest on his hands. So he
comes out and backs down meantime, and part of the
problem was to become part of the euro Block, You've
got to do a bunch of certain stuff that they've
(27:09):
dictated to him, one of which was not water down
your inter corruption officers. So he goes against the EU.
So he's pissed, the locals off, and the EU aren't
happy either. So the EU was so unhappy that they've
announced over the weekend there's one and a half billion
euros worth of stuff they were giving them. Now they're
not bullets and weapons and stuff to fight the war,
but they nevertheless are aid that is not going his way. Now, Now,
(27:31):
why would you make that level of strategic mistake when
you don't need to what's going on there? Why aren't
we hearing more about that? Five away from.
Speaker 1 (27:42):
Seven, the in and the outs it's the fizz with
business favor take your business productivity to the next level.
Speaker 2 (27:50):
Now, not surprisingly, farmer competence has rebounded. This is the
Fed Farmers. They've done their six monthly competence survey. Rural
mood has shifted markedly, and why wouldn't it. It's hard
to believe that this time last year it was at
record lows. Isn't incredible what a year can do? Which
of the national party you're hoping for something something similar?
Speaker 3 (28:10):
Is it incredible what a year can do?
Speaker 2 (28:11):
Fellas net. Thirty three percent of respondents believe conditions are
currently good. That's a turnaround from minus sixty six this
time last year and up from just two percent in January.
So you can see the turnaround minus sixty six to
two to thirty three. Farm profitability has reached its highest
level ever recorded. And if you're not making money, now
(28:31):
give up. So sixty five percent of farm is competent
about profits, up twelve percent since last January. Confidence is high,
but the future is not looking as rosy in this
is where this negativity comes in on I'm fascinated by
the six percent expect economic conditions to improve over the
next year. Still positive but down from twenty three. So
they're thinking pete caren't they. They're thinking this is basically
(28:53):
as good as it gets. And I assume also it
depends on what sort of farming you're doing at the moment.
Wool would not be as bullish, for example, as say
bee or dairy. Future profitability is at net eighteen, which
is down from thirty one, so the profitability forecast is
not as good. Dairy sect to leading the decline dropping
thirty two points, with concerned about the milk, Christ dropping meat,
(29:15):
and wools still confident. See if you're getting ten plus
for the second season in a row for your milk,
you've got to be thinking it doesn't get any better
than that. Remember when Bill English, when did he say
it was a number of years ago. We'll never see
eight again, never see eight again. Fourteen percent say hiring
is still difficult, But that's the lowest SnSe twenty and twelve.
So overall things are looking pretty good. Now will materially
(29:38):
things improve in the building sector? So all of these
this I can't work out whether this was an announcement
of an announcement because we knew it was coming to
jib all the bits and pieces that we couldn't get
from overseas we now can in building houses. What difference
will it make?
Speaker 1 (29:51):
More shortly, the only report you need to start your
day the mic casting Breakfast with Bailey's Real Estate Altogether
better US Residential, Commercial, and Rural news talks that'd been.
Speaker 2 (30:03):
Only seven past seven. So what sort of effect does
the big construction product announcement have on the cost of
your next new build? A whole bunch of offshore building
products are going to be allowed into the country now,
meaning choice and cheaper prices. Theoretically, Chris Panker is the
Building and Construction Minister, as whether's Chris morning to you
good morning. Just for clarification sake, are all of these
products available as of today at Bunnings and Mitery ten
(30:23):
and all the other places you want to buy window
frames from, Well, they'll.
Speaker 19 (30:27):
Be stocked when the retailers make those available. And actually
some of them are already available and can theoretically be
used in this country. But the point about specifying this
pathway is that you don't have to muck around in
argucula Good Council about whether, according to them, these should
be legitimate or not. So in some cases it will
(30:48):
be an immediate effects. In another cases it will be
a rolling mall of people giving the huts around the idea,
importing and being able to use. As follows, a.
Speaker 2 (30:55):
Lot of attention on plasterboard is that the bulk of
it or is their genuine savings to be made on
a variety of other stuff.
Speaker 19 (31:03):
Oh, we think they're genuine savings across the board, so
to speak. But plaster boards well known as a case
study because there is market dominance was one player at
ninety seven percent usage currently, but also because of that
supply chain shortage that we had back in twenty twenty two,
which sparked a lot of the conversations about the resilients
as well as the competition more broadly, and of course
(31:25):
the downward pressure and prices that we need. So we've
specified doors and windows, insulation and a few other items,
but more to come as well. It's a rolling more approach.
Speaker 2 (31:35):
So the numbers we got yesterday X was more expensive
in Australia by thirty eight percent, thirty seven percent, et cetera.
In totality, if I work my butt off to get
the best product in the best price, what do I
bring my house price build down?
Speaker 9 (31:49):
Too.
Speaker 19 (31:50):
Well, I mean, it's had to be cecific and get
out the crystal ball. But let's say twenty five percent
of the cost of a building is materials, which is
what we've had indicated to us, maybe even slightly more,
and so on a six hundred thousand dollars new build,
for example, that's one hundred and fifty thousand dollars up
for grabs. So you only need a small percentage across
(32:12):
that kind of money to actually get quite a significant
saving of tens of thousands of dollars. So we're really
optimistic it'll make a market change.
Speaker 2 (32:19):
This might be an ignorant question, how do we get
ourselves into this mess in the first place?
Speaker 19 (32:24):
Well, I mean it's risk aversion, and for all the
right reasons. You know, we don't want, you know, materials
that are not up to scratch, and by that I
mean not meeting unusual OWD standards. But if you think
about that as a natural starting point, but then go, well, actually,
are there ways we can get around that problem? You
must be something between flooding the market with cheap, nasty
(32:44):
materials and what we've got now. And the answer is
surely that if there are credible and comfortable countries that
use good materials according to standards that are equal or
higher to those in this country, then why wouldn't we
So let's exactly what we're doing.
Speaker 2 (32:57):
That's some that makes perfect sense. I don't know what
we didn't do it soon A Chris Pink who's the
building in construction minister? Ten past seven now asking excuse me,
got some stats from inside our prisons. We've got a
sixty six percent increase in the number of prisoners asking
for segregation. Twelve thousand separation requests were approved in the
twenty three to twenty four financial year. This is in
a prison population of just over twenty thousand. Neil Bills
(33:19):
as the Corruption Corruption Corrections Deputy Commissioner enders with us Neil,
very good morning to you.
Speaker 15 (33:25):
Good morning Mike.
Speaker 2 (33:25):
That twenty thousand is a turnover, isn't it? Because the
musters at about ten am. I right in saying that
it is a turnover.
Speaker 15 (33:31):
The must it currently is ten six hundred and ninety two.
Speaker 2 (33:34):
Okay. Is all of this gang related?
Speaker 15 (33:37):
No, it's not all gang related, but it is largely
driven by gangs and sourso largely driven by the perception
that some have coming to prison of what gangs can do,
so quite a complex mix. Yes, there is violence in
prisons and no doubt, and there are more prisoners in
prison than we have seen before so only o the
verast few years. That comes with a cost in terms
(33:59):
of people's perceptions of safety, and it also comes at
a cost in terms of ability to manage the numbers
in the ways that we always have all the complexities
with romanned security classifications, mental health issues, etc.
Speaker 2 (34:09):
And when you talk about perception, is that what some
of the requests are based on. I think I might
get gang, therefore I need to be stuck in the
corner please.
Speaker 3 (34:18):
Yeah.
Speaker 15 (34:18):
Well, some people come into prison might be the first time,
there might be a low level offender. They know that
going into some of the more mainstream units are quite
heavily gang populated. They don't want to go in there.
They don't want to get into that situation, so they
immediately have for voluntary segregation. Some prisoners get themselves into
debt from the gangs, and then they will run from
that debt. And there's also a hierarchy in prison. I
(34:39):
think Jared Gilbert in his report refers to that as well,
that you know, depending on the offense type that you're
in for you might feel more threatened than otherwise. So
it's a very complex ecosystem in prisons, which and it's
very dynamic. So you've got a place like Mantisen which
is turning what thirty six thousand people through their tours
every year. You know, have a unit in the morning
(35:01):
which is being run perfectly fine, everything's calm, there's no problems.
You'd move one prisoner into there from a different can
it upsets the balance and all of a sudden in
that afternoon you've got all sorts of problems.
Speaker 2 (35:10):
Which is what I was going to ask next. Is
it remand is high security or is it across the board?
Speaker 15 (35:15):
Across the board that we are see more romands than
ever before. So we're currently sitting in ten thousand, six
hundred and ninety two number and forty six of those
on remand, which is you know, that creates an immense
amount of flux through the prison system right across the state,
but particularly in those big urban areas, and that brings
with it some significant challenges because a we don't know
(35:36):
the people very well when they come in, they might
only be with us for a short time. We haven't
got a lot of time to do assessments on it,
and they moved through us quite quickly, and they can
be quite disruptive in that time as well, so very
very difficult. I take my hat off to the staff
who work in those units who do that because of
exceptional complex work.
Speaker 2 (35:53):
Exactly good on you, Neil, appreciate it. Neil Bial's corrections,
Deputy Commissioner. And despite the ad campaign, who would do
the job? I mean, obviously people, But goodness me, thirteen
minutes past seven tasking now, I suggest, or call me
heartless if you want, But if you're really worried about
what might happen to you in prison, maybe not commit
the crime in the first place, and you'll tend to
not find yourself being in prison like a terrible place.
(36:14):
It just sounds like an awful place, but it sounds
like a place you might want to avoid. Morning might go. Liam. Yeah,
he did well, and he did very well. In fact,
if you look at the way it all ended, he
didn't do that much more poorly than Verstappin certainly did
better than Hadja, and he certainly did better than Sonoda
and Sonoda, who started well in terms of qualifying over
(36:34):
the weekend ended Nowhere got no points, so Liam and
Max were the only two Red Bullers who got some
points over the weekend. If you haven't seen it, I
won't give too much away. No, you've already heard it.
Who cares. Lewis Hamilton is the star of the show
in many respects. Yes, Oscar one, but Lewis Hamilton what
he did in that race, and he is the genius
in wet weather and it was wet. It was heavily
(36:54):
delayed at poured Strange Place Spa. It's beautiful, but the
reason it's it's very green, and the reason it's so
green is that it rains all the time and it
rained and so it delayed the race. Hamilton did brilliantly
because he had a shocking weekend up until that point
and he was his usual miserable self where he doesn't
want to say anything to anybody, but he got it together.
And if you want to highlight a singular moment where
(37:15):
the sheer genius of Oscar Piastre shines through o rouge
opening lap, would you have done what he did to
Lando Norris? Oh my God?
Speaker 1 (37:27):
Fourteen past seven, The Hike Asking Breakfast Full Show Podcast
on iHeartRadio, Howard By News talks at b.
Speaker 2 (37:37):
Big speaking of a building, Remind me to tell you
about my train. It's just incredible. Seventeen past seven new
plan for you from four of the country's largest primary
healthcare organizations. Health Accelerator is what they're calling It. Focuses
on fast tracking news as AI. It's the future. Justin
Thorne is thought rather as the coach here of the
Health Accelerator and is with us justin good morning, Good
(37:58):
morning mate. All groups five hundred practices, two million patients,
So you've got a lot of people involved in all
of this. Essentially, from my reading, it's AI. It handles
the admin. Will I notice anything as a patient.
Speaker 20 (38:12):
Yes, hopefully you will. Hopefully you'll notice quicker care and
also that your general practitioner is focusing more on you
rather than typing notes into their computer and doing all
their admin work while they're trying to have an appointment
with you.
Speaker 2 (38:28):
So my wife was on the phone to somebody the
other day. After the half hour chat, she got within
three minutes a complete replication of what they just talked
about via email. So that's the sort of thing you're
talking about, right, Well.
Speaker 20 (38:43):
We're talking about a range of things. So when we
talk about a notes from a consultation, that will go
into the patient's consultation record, and if they have a
patient portal, they'll be able to see those notes quite
quickly and see that they're very thorough and a lot
better than maybe just a GP sitting there quickly typing
(39:03):
them and they'll come through a lot quicker.
Speaker 2 (39:05):
Wow, how soon are we going to have an AI generated.
Speaker 20 (39:08):
Script, an AI generated prescription? Yeah, well, I think already now.
It happens quite quickly when your doctor orders one. I
think it's really important to remember that we want to
make sure that a general practitioner or a nurse practitioner
is overseeing the prescribing of medication. So already now they
(39:31):
can develop a script and send it to your pharmacy
or chosen pharmacy, and it can be there within minutes.
Speaker 2 (39:38):
The robots that I was reading about this morning that
they support cardiovascular disease risk assessment. When we say robot,
what's the robot look like?
Speaker 20 (39:47):
Well, it's certainly not a robots in a computer. They
are programmed code in the background of the patient management
management system. And what that does is it scrolls through
the background of the system and can pick up your
readings like your blood pressure or your weight or height,
and it can automatically generate a Caveer bescular risk assessment
(40:12):
for you and if you are high risk, it can
prompt the GP to make contact with you so they
can have a conversation.
Speaker 2 (40:19):
Interesting who pays for all of this the practice.
Speaker 20 (40:23):
So there will be licensing for the practices. So because
we do it at scale, we're able to offer that
at quite a nominal rate.
Speaker 2 (40:32):
Good on you. It's a fast and changing world. Justine,
I wish you the best with the Justin Thorpe's the
coach here of Health accelerated those four groups by the way,
a Pinnacle, Pegasus, pro Care and to all a Compass.
So with a couple of million patients, you'll recognize the
names seven.
Speaker 1 (40:46):
The Mike Asking Breakfast Full Show podcast on iHeartRadio, how
ad By News talks.
Speaker 10 (40:52):
That be.
Speaker 2 (40:54):
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(41:57):
that gets it done ye seven twenty four. Can I
suggest Jared Kerr for Governor of the Reserve Bank, Jared's
Kubibanks chief Economists. Now he's been completely consistent in his
ongoing commentary around the interest great cuts and the reserve
banks need to do more and to be fair. Actually,
our own Greg Smith at Devon has told us and
argued a similar sort of story over the last few months.
Speaker 3 (42:18):
Now.
Speaker 2 (42:19):
The Kiwibank economic report that got a decent amount of
coverage over the weekend is Jared's proof positive that he
is right and Adrian and Christian have been and are wrong.
As long as they continue to be myopic and look
at nothing but inflation, they can argue one, it's in
the band, even though it's dangerously close to not being
and will most likely breach it this year. And two
(42:39):
this ongoing but increasing false idea that they have cut
enough already and the efforts of that will flow through eventually.
See here's the problem. We're virtually in August and the
twenty twenty five, the latter part of this year that
was supposed to be lift off is nothing of the sort,
and the Kiwibank report confirms it. It tells us what
we already know. Obviously, the further south you go in
this country, the better off it is. But here's the
(43:00):
real news. Even in the best, most lucrative, optimistic part
of the country i e. Otago and Southland, you only
get five out of ten. That's your top score. Five
out of ten a half mark is as good as
it gets. The rest of the country is miserable. Are
there science, Yes, but how long do you want to
squeeze the economic lemon? Looking for juice, dairy meat, kiwi fruit,
(43:20):
all the stuff we've talked about and celebrated. It's not
only doing the heavy lifting, it's doing almost all the lifting.
Tourism is there in a Targa, Central Otago, sure, but
it is still only eighty six percent of what it
was six years ago. Confidence hard to find. Foreigners still
can't buy a house when they invest millions. And for
every dollar you get from lower interest rates, you're going
to pay two dollars more for your power, for your insurance,
(43:42):
for your rates, which have become the new version of
highway robbery. The economy needs help. It needs a major
enthusiast that needs a circuit breaker, and the Reserve Bank
and their view and actions are potentially it. Jared sees it,
Greg sees it. John Key sees it. He wants a
full one hundred basis points. But until any one of
them is the governor, we rely on Christian and his committee,
(44:04):
and that is where the real problem lies. Pasking donners.
Can I ask you this question? So very nice piece
I'm looking at on Friday, I think it was on
the TV one news, this ongoing retreat managed wetlands area
of South. The needon South, the needs are mess sinply
is disappearing in front of your eyes. And you've got
this idea. You've got six thousand houses, you get a
(44:24):
thousand businesses, half a flood prone. So the council's come
up with seven ideas. I thought that was too many
for a start. Don't start with that many. They've done
a survey. Fifteen percent what the state is quo? Well
guess what, that's not happening. Thirty eight percent want managed
retreat that's five billion. Who's paying for that? Are the
most popular option at fifty nine percent. Some new waterways
some wetlands that's at two point eight billion. So you
(44:46):
want to stay there, You just want to get the
pipes in there so the water drains away. Who should pay?
There's an interesting one. Central government twenty four percent, local
government twenty two percent, fifteen percent property developers. I don't
know why they get targeted, are residents in busines? This
is thirteen percent. It's going to have to be everyone,
isn't it? The final adaptation plan with a shortlist of
three options early next year. So that's fine. So you're
(45:06):
going from seven to three options. Question, how long is
this going on for? And to do you, in your
heart of hearts ever, honestly believe that anyone's going to
be able to make a final decision and stick with it.
Speaker 3 (45:20):
Let me know.
Speaker 1 (45:22):
New Zealand's voice of reason is Mike the Mic asking
breakfast with Vida, retirement, communities, Life your Way News togs
Head been twenty.
Speaker 2 (45:32):
Three minutes away from my rant to the business of
the day would be broad hope that Butter will not
be mentioned once in the next ten or fire three
minutes of the Prime Minister Chris of Eluction's well, this's
very good morning, Teke, of what in my could be
right now? I don't want to start this on a
superficial note, but I'm watching the netball last night and
you're you're at the netball and you Shane rittying me
with your jersey under your jersey, under your jacket, non thing.
(45:53):
Here's the place? Is the place freezing? What were you doing?
Speaker 8 (45:56):
I went there mate with the jersey on, and then
I realized I had to present the award and I
had a sports jacket sortskat with me, so I put
it on top. I agree with you, not the ideal look.
Shane Ready is the only person I know that sort
of carries that off pretty well. But yeah, it was,
But I appreciate you noticing those story.
Speaker 2 (46:13):
These are the small things I noticed, and we'll probably
talk more about it come election. The one I liked
about the netball, funnily enough, and I haven't watched it
a lot of netball this year is the joy in
the Bah is unreal.
Speaker 8 (46:26):
Oh that's why Amanda and I have been going. You know,
it's the second time I think we've been, because you
go there and it's actually the cute part is seeing
dads with their daughters and they've been all face painted up,
and the daughters are going off and the dancing in
the middle of the of the of the proceedings, and
even the odd dad gets up and goes.
Speaker 2 (46:41):
For a wiggle so that's good.
Speaker 8 (46:42):
It's good.
Speaker 2 (46:43):
Fun goes for a wigf so Trump this morning, EU,
the rest of us are getting a letter. Have we
got an original letter yet or not?
Speaker 19 (46:49):
No?
Speaker 8 (46:50):
Meant yeah, I mean I've seen the statements and comments
that have been made.
Speaker 2 (46:54):
We haven't it's fifteen.
Speaker 8 (46:55):
Yeah, we haven't been we haven't received I am not
aware that we've received our letter or a letter. Our
last conversation with Jamison Grere, who's the Secretary of Trade
with Todd McClay was a positive one where they actually
were very focused on other countries obviously, and we don't
want to be any worse off than anybody else.
Speaker 2 (47:13):
No, okay, So your answer would be the same. And
I've asked you the several times if it's fifteen it
looks like it's fifteen. Can we trade our way through
it is?
Speaker 3 (47:20):
What it is?
Speaker 2 (47:20):
That's life?
Speaker 8 (47:21):
Well pretty much. Yeah, we agree with the Trade Secretary.
We would look at it again at the end of
the year and continue ongoing conversations with them, But we
don't want to be any worse off than anybody else.
Our New Zealand exporters into the North America are checking
with quite regularly. They're actually doing really well, whether it's
the zest breeze, whether it's the red meat guys, the
wine guys are obviously our second biggest exports there as well,
(47:42):
a lot of them are saying they're able to pass
it on to the American consumer, which is what has
been happening. And again a big market. Just remember three
hundred and sixty million people. If you find wealthy retailers
and wealthy consumers, you can still navigate your way through it.
Speaker 2 (47:56):
Sounds there, James Meagher, is there a possibility one Winsor's
plan for allegedly regional New Zealand coming out in terms
of the airlines, Is there a possibility that the government
is going to get involved in regionally as in any
way shapeful for no?
Speaker 8 (48:10):
I don't think so. I mean, you know, it's pretty
challenging business. Regional airlines sounds there is actually a really
good operator and you know there might be opportunities to
get the settings right between say any New Zealand through
checking bags and you know those sorts of things. But
you know, we're not probably we're not going to be
in the business I think of underwriting regionally a service.
(48:30):
So as James wasting his time, well, I mean, he's
going to look at what else there might be to do.
You might be honestly those through check type things that
actually do make a difference to connect a regionally aligned
into a bigger global network of customers. But you know,
I think as we're found in the past of New Zealands,
you know, it's a really challenging thing. Obviously regional services
are very difficult, but actually, you know, underwriting all of
(48:53):
that I think is pretty.
Speaker 2 (48:54):
Can't do it. Nearly half New Zealanders applying for Australian
citizenship weren't born here, so these are fun facts of
the morning. Does that make us a springboard to get
into Australia and is that going to be an issue?
Speaker 21 (49:09):
Yeah?
Speaker 8 (49:09):
Look, I spoke to Eric Stanford and Brook van Velden
about that just briefly, my our officers and I just
because I saw that headline as well. But I mean,
the thing that I struggle to understand is if you're
sitting offshore, the choices to go down a pathway for
Australian citizenship or in his Zeen citenship, it's the same
process pretty much. So I can't see why, you know,
I want to look into it a bit more and
(49:29):
understand what's going on. But the bottom line is, if
you're sitting offshore in South Africa and wanging up where
you're going to go, we've got you got very similar processes.
So I don't quite understand why you'd want to know.
Speaker 2 (49:39):
It's not really a thing and elbow is not going
to bring you up and go hold.
Speaker 3 (49:42):
On to you.
Speaker 8 (49:42):
No, we haven't had that conversation. Give me some good
news on this foreigners buying houses? Yeah, so, I mean
you saw Winston last week. We're making progress. I know
it's not the answer you want. You want me to
tell me what the answer is right now, right today?
Speaker 2 (49:55):
Correct?
Speaker 3 (49:56):
I get it.
Speaker 8 (49:57):
But as I said to you last week to media,
well got the ongoing conversations.
Speaker 2 (50:01):
Have Chris is being made?
Speaker 8 (50:03):
No, we have made We're making really good progress.
Speaker 2 (50:05):
Which is to say, what's the hold up? Because I've
had him on the program a couple of months ago,
that's my last week. I didn't think it was news.
He told us several months ago the same thing he
said last week. Yes, and he seems to understand it
needs to be rective.
Speaker 8 (50:19):
No, he does, he does, And the conversations are good
and positive. What we're discussing is the mechanism by house?
Speaker 2 (50:25):
So what are you stuck on numbers for a house?
How high the value of the house.
Speaker 8 (50:28):
That's one of the conversations here, But there'll be other,
you know which want to make.
Speaker 2 (50:31):
Sure you mean they'll be there?
Speaker 3 (50:32):
What are they?
Speaker 8 (50:33):
And I want to make sure we get the mechanisms
right and we've got the conversations in place.
Speaker 2 (50:37):
Is the problem that's where they come from?
Speaker 3 (50:40):
No?
Speaker 2 (50:41):
Is it the skills and the money they.
Speaker 8 (50:43):
No, I'm not going to get into it. I'm not
going to get I'm just trying to work out to
tell you what you'll be the first to know when
when we Leand how about that? Okay, good, promise me
that I'll be because I just don't understand what the
hold up is. No, we've had really good conversations. Obviously,
we had a policy at the election. What the policy
was completely. He had a position at the election in
which he's had to revisit completely. Both of us are
(51:03):
prepared to do that. We're working our way through.
Speaker 2 (51:06):
It just doesn't seem that complex to take months on
end because it's got to the point where as far
as I can work out, it's embarrassing' you've got a
golden visa program, which by all accounts is a roaring success.
Speaker 8 (51:16):
We did more than two months, and we've done in
the previous two and a half.
Speaker 2 (51:18):
Years terrific and you can go Rento house. Thanks for coming.
I mean, what's that about? And Winston gets that possibly
people are prepared to put.
Speaker 8 (51:28):
Their money where their mouth is and not just too
speculative Inness.
Speaker 2 (51:32):
So it's the type of well, no, no, no no.
Speaker 8 (51:35):
But in fearness, we both want to make sure that actually,
if you're going to come to this country and invest,
we should say thank you for bringing your capital here,
and we should find a way to be for you
to be able to purchase the house. We're both aligned
on that. We're just working through the detail.
Speaker 2 (51:45):
Will it be weeks or months?
Speaker 8 (51:47):
I hope it's through shortly weeks, week weeks probably I
could see the next few weeks in my life. All
I want is for this country to excel.
Speaker 2 (52:00):
Tell me about it. That's and this seems to me
to be one of the easiest decisions that you could
possibly make. It We are very close.
Speaker 8 (52:08):
We will have something to say about it. Sure, I
just don't want to get ahead of it and fairness. Winston.
You know you heard him say again last week he's
up for a position where you've got people who are
seriously putting serious money into New Zealand and you know
that's about.
Speaker 3 (52:20):
To purchase that.
Speaker 2 (52:22):
Did I misunderstand the story last week on the vaping?
So you back down on Crown Law advice around vaping
and battery type things and whether they can be incidant
or not instant. Anyway, the point being Crown Law came
to you and said you were being taken to court,
chances are you would lose, and so therefore you're back
down on that. Correct What was going to happen given
(52:44):
this was Labour's law. What were they expecting to happen
apart from going to court and losing.
Speaker 8 (52:48):
Well, I mean, that's all I know is that we
had Crown advice that said, you know, we need to
make the alteration to the law because we were going
to be exposed legally around that. And that's says I
understand what Casey Cossello has done. We are making good progress,
as you would have seen last week. I think Big
or Hole came out and said that we get you
will be one of the first countries that we could
be smoke free at the five percent target, and we
(53:09):
will well, I think we'll get I think we'll be
really close to it. I think there's been a big
effort to it. As Casey has identified before. She said,
it's really you know, long term smokers now that are
really the challenge to move off and that's a harder group.
Speaker 2 (53:22):
Jared Kerr, you're watching him over the weekend with the
Kiwi Bank, right, So they do their economic the best
region in the countries are Tigo and Southland got five
out of ten. Yeah, that's as good as it gets. Now,
there's not political. I'm not trying to make this political.
We need to do better. Part of that equation is
the Reserve Bank needs to pull their finger out and
get the ract together.
Speaker 8 (53:41):
Yep, am, I correct. Well, you've heard them signal that
they want to continue with you know that. You've heard
them say publicly they want to do more interest rate cuts.
Well maybe in August. Maybe in August, yep does twenty
five points to do it? Well, I mean again, it's
about the fact of us getting inflation down with you.
Speaker 2 (53:56):
You've done that, you've done that, Your bits done, bit's done.
But the powers not and the rates aren't, and the
insurances and the Reserve Bank are not playing their part
as good as it gets as five out of ten.
Speaker 8 (54:07):
Well, just I'd also say today I only saw we
had like great farmer confidence.
Speaker 2 (54:11):
Numbers come through a confidence. That's the point, the point
when you look at Tigo South and why is it
five out of ten? That's where the farmers are.
Speaker 3 (54:18):
Yeah.
Speaker 8 (54:18):
But yeah, Like, I've been talking to the construction sector
last week and it's been brutal for those guys. Right,
they borrow huge amounts of money, the interest rates have
been really high. They feel big booms, big bus more
so than any other sector. You know, they've started to see, right,
We've got six billion dollars of proper projects, actual proper
projects with real people doing real things before Christmas on
(54:39):
those projects, you know, they've been at the bottom of
that's bubbling along, being bounced around around construction, not being
able to get financing in place for projects, not getting
the demand for those projects. That's starting to improve.
Speaker 2 (54:52):
You know with that, do you honestly still believe that
things are coming rong? I mean materially, not just I
mean lot of green shoots, but material do I.
Speaker 8 (55:00):
Mean and I want to freely admit, you know, it's
been a very very difficult time when you look at
the recession for three years essentially it's been back nothing
like that since the early nineties, worse than the GFC.
We talk to a lot of people out there and
economists out there, but we genuinely are we are being led.
You're right out through a primary industries lens, which is
as expected as has always been the case, but actually
(55:21):
manufacturing services, you know, they've been really challenged and they've
had but you know, when I look at construction starting
to come, you know, the confidence building, their confidence in
the rural sector difficult, difficult and difficult when you have
we had a great first quarter. You know, zero point
eight GDP growth. If you think that times four.
Speaker 2 (55:39):
Is well, it's not times four because you two looks a.
Speaker 8 (55:42):
Little like Q two is challenging because all of a sudden,
in the middle of April, the whole world had to
deal with something called Liberation Day, which was a huge
loss of confidence. You just told us that we're working
through that, which telling big time, and that's key. We
fruit in this wine and no, no, we are bilaterally,
but also across the world though. That causes quite a
lot of a lot of confidence for people as well.
But then you saw things like May where we had
(56:02):
our investment boost, you know, launch go off in May June.
You've seen huge good numbers of people wanting to invest.
Speaker 2 (56:08):
Well, you have that economy in twenty twenty six election
year to sell to the people and go is what
we did. That's what we have to do.
Speaker 8 (56:14):
We have that in twenty tweess that's going to be
pretty simple. We better off than you were three years ago.
Do you feel which guys do you think are best
gripped up to manage this economy? This country has a
huge amount of potential where we don't just get to
ride back the economic cycle. We actually have to choose
to shape where we want.
Speaker 2 (56:29):
This place to go.
Speaker 8 (56:31):
And I think that's the exciting work ahead of us.
But typicalt tough, get it but making progress.
Speaker 2 (56:36):
Have a good week goodness see dwlve away from a.
Speaker 1 (56:38):
Good The Mike Hosking Breakfast Full Show podcast on iHeartRadio
now Advite News Talks.
Speaker 2 (56:44):
It'd be Hi, Mike. For the foreign buyers, why not
just come up with a multiplier of a median price
so it adjusts or reduces depending on local value, maybe
three or four times median price for the region. Minimum
value of foreign buyer can house Auckland Queenstown might be
three or four million. West Coast maybe one and a half.
To Nathan, you're getting needlessly tricky because you would have
to go if you went Central Otago, where does Central
(57:05):
Otago start and stop? And in Central Otago Luggett is
not the same as Queenstown, and so it goes. I
don't think it needs to be that complicated. Peters will
have some face saving to do, I guess, But is
there anybody left say they come up with a number
of ider and I pick a number four or five million,
whatever the case may be. Is there anybody in this
country who would actually argue? I mean, I get it,
(57:26):
you don't want foreigners coming in and scooping out first
home buyers buying eight hundred thousand dollar houses all over
the place. But if you said it at say four million,
does anybody object to a foreigner who wants to invest
ten million dollars in a business coming in and buying
a four and a half million dollar house. Is there
a single person who objects to that anymore? Mike, I
don't feel better. I was made redundant. Neither neither is
(57:48):
the economy up and running. Our farmers run the economy,
thank god. So more on that in the moment, because
that's the interesting part of this whole discussion.
Speaker 1 (57:55):
Eight to eight, the Mike Hosking Breakfast with a Vita
Retirement Community News tog said, be yeah, that's.
Speaker 2 (58:01):
The interesting thing about the aforementioned text about being laid off.
I mean jobs being the last cab off the rank
and an economy turn around. But the point being is
that the debate is on are you better off now?
At the moment, there will be many people go no,
there'll be some people who say yes. So you need
more materially in front of you to be able to
be confident in election, to you to be able to
(58:21):
go you know what. Otherwise you're relying on the I
can see it coming right. I think it will be better,
which is probably why the polls are where they are
at the moment, which makes it a super interesting debate.
By the way, if you can be bothered, I could,
and I regretted it. But on the Herald this morning,
there's a story that blew up. A while back. There
was a cocktail party. Forty thousand dollars cocktail party at Twonga,
(58:43):
and the list of the invitees was allegedly for reasons
best known in themselves secret anyway, So a bunch of
stuff has happened, and now they've released the list. Go
look at the list and tell me there's a prize
for this. Tell me if there's a single person in
Tarong who wasn't invited. It is the longest list you
have seen in your life. It goes on and on
(59:04):
and on and on, and by the time you get
to I think there were three pages, only got to
page one, and page one is full of about a
million names. By the time you dealt with all three
pages and all the invitees. Forty thousand dollars is an
absolute bargain because as far as I could work out,
it works out to be two cents per person. Now,
obviously not everyone's going to say yes, But talk about
(59:24):
the steam and a storm and a teacup. Other quick
question for you. I was invited to a farewell, a
corporate farewell. Is it unusual for them to say dietary
requirements will be asked for it a later date. Since
when did that become a thing. Why are you asking
for dietary requirements? Invite someone to long hair, a drink
and be done with it for goodness sake.
Speaker 1 (59:45):
Mike cos game in sateful, engaging and vital. The Mic
Hosking Breakfast with the land Rover Discovery, never stop discovering news,
tog sadber.
Speaker 22 (59:56):
Sprung, No one came and sichers come, the Woman's Haus
and Day's Heads, five hundred game.
Speaker 3 (01:00:09):
As an NRL coach, Oh the tactics, they win it,
making them a in said Premiership champions for twenty twenty five.
Speaker 1 (01:00:19):
He's done it all by himself.
Speaker 18 (01:00:21):
Oscar Piastre wins the Belgian Grand Prix Point Sport, Liam
Lawson two and eight.
Speaker 1 (01:00:27):
Today Pagata wins his fourth totter France and he was
involved in every single bit of action right to the end.
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 (01:00:48):
It's a time for Andrew Sebral and Jason Pine. Good
morning to your fellows.
Speaker 3 (01:00:53):
Morning, Mike.
Speaker 2 (01:00:55):
So many good things I want to ask you about
that I don't know which way to start let me
try first. Well, Jason, I'll start with you. Did you
see the netball?
Speaker 7 (01:01:03):
I did, Yeah, I did, so, I haven't.
Speaker 2 (01:01:06):
Watched knitball all year. I watched a little bit of
it yesterday with the sound off, so I'm just watching
it in the background. So a couple a couple of
things for me, and see if you can explain this.
Why do they have no broadcast deal? What's gone wrong?
Why is Akinasia not playing next year? Why are they
worried about the viability of the game as a professional game?
What's happened?
Speaker 7 (01:01:24):
Yeah, four very good questions. Look, you look at the
game day experience going along their magnificent you know, watching
on television, fantastic, but clearly it doesn't rate. Otherwise Sky
would be banging down the door of netball newsaland with
a new broadcast deal. You know, Emilia and Ikanasi. I
(01:01:46):
was just one of a number of players, I'm sure
who are considering their future. If they can't be professional netballers,
they have to be something else. So that's a partial
answer to that. I thought that on the game good,
on the tactics, they were tremendous. Don Wilkins has clearly
done something to that side and to see then win
it for the first time.
Speaker 2 (01:02:05):
Good on them.
Speaker 7 (01:02:05):
But the future is murky, Mike, and something has to
be done to, you know, to somehow, I don't know how,
but somehow make this a more palatable proposition for am.
Speaker 2 (01:02:15):
Not putting you in an invidious position, Andrew, given your employer.
But but presumably TV and Z could be in the
business of offering broadcasting rights to netball.
Speaker 3 (01:02:24):
What why? Why had we have sorry, we have had
Saturday games the last couple of seasons.
Speaker 2 (01:02:30):
Okay, but it's clearly not working well.
Speaker 3 (01:02:34):
That the viewership there has been strong. I think, Mike, Look,
netball is a very good TV product because it's just
non stop right, it's it's close quarters, it's it's all action.
It's even better when you go and watch in the flesh.
But it's a very good TV product. So the theory was,
I think earlier this year or last that maybe Sky
(01:02:57):
were taking money out of networ to put into bar
basketball because they saw the better future the year. I'm
not too sure, but I'm not one hundred percent sure,
but that was the thing that was the word going around.
But look, I think there will be some sort of
broadcast deal done. I can't. I can't see netball in
this country without one.
Speaker 2 (01:03:16):
Yeah, okay, the other thing I noticed I.
Speaker 3 (01:03:18):
Think also Mike that the second thing here is that
there probably needs to be a trans Tasman element or
a bigger.
Speaker 2 (01:03:25):
Trans is that is that part of it, because ever
since that trans Tasman thing went away, it seems that
the whole thing's died to death.
Speaker 3 (01:03:31):
What I also know the ear has gone out of
it somewhat.
Speaker 2 (01:03:34):
Yeah, I think, Jason. The other thing I noticed yesterday,
and this two point thing doesn't seem to work. I
saw any number of two point attempts, none of them
go in. So it's not like three point in basketball?
Is that enhantstall troubled the game?
Speaker 7 (01:03:45):
Well, unless it's got people talking about it.
Speaker 2 (01:03:49):
No point if you talk about it after in your board,
because the ball hasn't gone on the hole.
Speaker 7 (01:03:53):
Why can't you shoot two pointers all the time?
Speaker 21 (01:03:55):
Well? Why is it just?
Speaker 7 (01:03:57):
Was it just a certain time in the game where
you can You know, again, it is a good TV
product to watch. I scratch my head as to why
it doesn't. Right, SAMs Right, there will be a broadcast steal.
Speaker 3 (01:04:09):
Next year.
Speaker 7 (01:04:09):
Netbull New Zealand will have to take it whatever it is,
and then they left it dip into their cash reserves
to fund the competition.
Speaker 2 (01:04:17):
All right, the next question, once again, not wanting to
put you in an invidious position, Andrew giving your employer,
but I'm reading in the media column and the Herald
on Friday that you guys have gone and landed the
World Cup in terms of rights for sport. Now let
me ask you this question. Is the World Cup everyone goes, Oh,
World Cup, it's the biggest event in the world. Yes,
it is. But is it a big event here?
Speaker 3 (01:04:40):
Yes?
Speaker 2 (01:04:41):
And you know that for a fact because we're useless.
We know we're not very good and we're not going
to win it far less get anywhere through the tournament.
So what do you rely on expats and stuff like that?
Speaker 3 (01:04:50):
No, No, I think there would be huge interest when
the All Whites play, and there'll be huge interests when
other of the bigger national teams play, especially England. In
the Europe we had the Euro's MIC and that went off.
Those figures went off recently. Yep, yep. So we know
for a fact that the football was obviously very popular.
Just quickly back to netball, the playing numbers at junior
(01:05:12):
levels are massive. I still think that. Yeah, but that's
what's not the one of the biggest, one of the
biggest sports in the country, and that needs to be
harnessed in some sort.
Speaker 2 (01:05:20):
Well, it doesn't translate though. I mean, it's the opposite
of rugby, isn't it. I mean, you know, we love
watching the All Blacks, but we don't play rugby anymore,
whereas we all play football, but we don't necessarily play
well at a high level. It's a weird thing, isn't it.
Speaker 3 (01:05:32):
No. I think the Football World Cup it's it's it's huge.
It's massive, is it? Okay? Here included? Yep?
Speaker 2 (01:05:39):
Have you got the rights?
Speaker 3 (01:05:42):
I don't know.
Speaker 2 (01:05:43):
Okay, it's just it was the prime It's it's just
that you said we and you sounded like you're on
the committee that had made the decision in the burden.
Speaker 3 (01:05:53):
I'm not on the committee. I'm on no committee committee.
Speaker 2 (01:05:58):
You're just wiping the ink from the con tracked off
your fingers.
Speaker 3 (01:06:02):
I just I stand out. I stand back rather and
take it take a helistic you.
Speaker 2 (01:06:08):
Right, No, I think the first part was right. You
stand out. Thirteen past eight.
Speaker 1 (01:06:12):
The Mic Hosking Breakfast Full Show podcast on iHeartRadio cow
it By News Talks.
Speaker 2 (01:06:18):
B News Talks Me sixteen past eight, the.
Speaker 1 (01:06:21):
Monday morning commentary box on the Mic Hosking Breakfast with
Spears Finance, supporting Kiwi businesses with finance solutions for over
fifty years.
Speaker 2 (01:06:30):
Andrew served Jason Pine. Jason, Liam did well and he
had a reasonable weekend. But have you actually seen the race?
Speaker 3 (01:06:37):
No.
Speaker 7 (01:06:37):
I just had a look at a few highlights this
morning when I wake up Mike, even at a Headsha.
That's the main thing, isn't it when it comes to
Liam at the moment points? Yeah, and Sonoda as well.
Speaker 3 (01:06:49):
I think it was.
Speaker 7 (01:06:50):
You know, it was a bit wet, there, wasn't it.
So that always adds another layer. You know, earlier in
the season we were bemoaning the fact that something was
happening to Liam every weekend, that that you jettison his
chances of getting points. Now he's picking up points on
a reasonably regular basis. That was the third time, wasn't
it that he's that he's picked up points and looking
with a bit in your hand off for that earlier
(01:07:10):
in the year. So yeah, good points, pretty good result.
Speaker 2 (01:07:12):
Have a look Andrew in the highlights. I know that
you were on last night, So I take it are
you doing two days in a row for the sports balls?
Speaker 3 (01:07:22):
Hey? Just just quickly? Might I get back to the football?
Can I? Can I go back to the football quickly?
The numbers for the Ricksam game? Oh yes, Saturday week yes,
Saturday week ago were very very good.
Speaker 2 (01:07:35):
What's that mean? Give me a number.
Speaker 3 (01:07:36):
We're talking close to half a million viewers.
Speaker 2 (01:07:40):
That's very very good. Yep, No you taking so the
All Whites?
Speaker 3 (01:07:44):
Who was it Jason in the last qualifier that they
beat to make the world covers of Fiji or New Caledonia,
New Caledonia, that was they were? They were up four,
five hundred and six hundred thousands.
Speaker 2 (01:07:55):
No way, that's encourage So free do wear television works
in that sense, doesn't it because you can't tell me
that game?
Speaker 3 (01:08:00):
And you add streaming onto that as well.
Speaker 2 (01:08:02):
Yeah of course, yeah, no, fair enough. That's that's just.
Speaker 3 (01:08:05):
Why the World Cup would be very very very popular.
Back to Liam Lawson, I think he's just got to
keep chipping away, doesn't he keep the car on the track,
qualify high, maybe even push towards the top five, top six,
which is which is which would be monumental in that
in that car he's driving.
Speaker 2 (01:08:21):
I think. So what I was going to suggest if
you were working two days in a row, and sadly
you're not, but you might want to pass it on
to whoever is covering you, is that there's a moment
at the start of the race and I think I
might be in the weeds a little bit. You watch
pstre overtake Lando Norris on a rouge, which is the
big straight going up the hill in the conditions we're
racing in. You look at that. You need to know
(01:08:42):
nothing about racing a car to understand how good you
need to be to do what he does. It is
phenomenal to watch.
Speaker 3 (01:08:51):
Yeah.
Speaker 2 (01:08:51):
In fact, I was running the Sports Problems and I
run it twice. I say, just in case you missed that,
here it is again.
Speaker 3 (01:08:59):
That's why you don't work for us anymore? Is p
S three was good? And if two and F three
I think was he? But did did anybody expect to
be so?
Speaker 11 (01:09:09):
Not?
Speaker 2 (01:09:09):
Very good question, Andrew, it's pretty you're not on tonight.
Speaker 3 (01:09:12):
The point and also the other the other point I
heard over the weekend is that when you're going up
that hill, what's a call on Rougee, which is what
red eyeballs or something.
Speaker 2 (01:09:23):
And it's the iron ore that's deposited on the rock
in the river, the Rouge River.
Speaker 3 (01:09:29):
You're you're laying down in the car, obviously, and all
you can see is sky.
Speaker 2 (01:09:33):
You can't see that. You can't see that.
Speaker 3 (01:09:35):
As you turn the car. All you can see is
the sky. You can't see.
Speaker 2 (01:09:37):
It's incredible, it's amazing.
Speaker 3 (01:09:39):
But the.
Speaker 2 (01:09:42):
And answer to your question, Pstre has been the surprise
is too strong a word, but he was always going
to be good. The fact he's got to where he
is and so consistently so fast makes them potentially because
Norris was the big talking point until pastre came and long.
I think Pstre is going to go all the way
and when he's going to be world champions.
Speaker 3 (01:09:59):
Norris supposed to be. It wasn't he. Norris is still good,
but he's not having a good car. But you've still
going to be able to drive it.
Speaker 2 (01:10:04):
I don't agree more the Warriors. Now, I'm probably on
my own a little bit because I was trying to
I'm not defending them, I'm not excusing them. But the
Titans played really well.
Speaker 7 (01:10:18):
They did, Mike, but their their bottom you know, their
bottom and the Warriors are supposed to be a top
four proposition. They were ten mill ahead and I thought
it was going to be a cricket score. I thought
it was going to be exactly what we expected. The
Warriors off the back of that, you know, last minute
when last weekend, come back to Mount Smart and beat
the Titans and consolidate that top four spot. Losing Wede
(01:10:42):
Egan didn't help right edge defense again a problem. Got
to get Cape one out of there. But who do
you put in there? Everybody seems to be injured. Massive
game against the Dolphins and then the Bulldog's away, the pen,
Bulldogs charging. It's it's tough, Mike. You know this team
might not finish in the top for now.
Speaker 2 (01:11:00):
You're great.
Speaker 3 (01:11:01):
Shame those those injuries to met car from Barney clearly,
but yeah, yeah, you.
Speaker 2 (01:11:09):
Do deal with what you deal with, Andrew. You don't
make it.
Speaker 3 (01:11:11):
Yeah yeah, No, other teams have injuries yet, no excuses.
They've got to beat Tea. We said last week. They've
got to beat teams like Newcastle and Gold Coast if
they want to have any chance of finishing in the
top four. They're still what to four points ahead, again,
yea three point.
Speaker 2 (01:11:25):
There's three points I think between four and five, and
we're fourth. We're a good, solid fourth. There's nothing to
panic about.
Speaker 3 (01:11:30):
But again, you look at the way the Panthers are playing.
You look at the way the Raiders are playing. The
Bulldogs speaking.
Speaker 2 (01:11:35):
At the right end of the season, isn't it.
Speaker 3 (01:11:37):
They are a step ahead. They are stippyhead.
Speaker 2 (01:11:40):
I'm afraid. I'm afraid I have to agree with that
aspect of it, in the sense that I don't worry
about losing as long as we beat the Dolphins. Dolphins
last time. I remember the Dolphins last time, they were problematic.
We got there, but they were problematic. The Bulldogs, I
reckon the Bulldogs is the game of the season because
we'll be in that position whereby we're still questioning whether
they're good enough to go all the way, and the
Bulldogs will be the ultimate test.
Speaker 7 (01:12:02):
Yeah, that game in two weeks will be mass So
I can't see the Storm or the Raiders dropping out
of the top four, and I think the Panthers will
be there, so it's one of us or the Bulldogs
up four.
Speaker 3 (01:12:13):
They gave them two weeks will be massive here when
you see the Lions Wallaby's game, Jesus hope for rugby union.
Speaker 2 (01:12:17):
I thought it was no Speaking of audience, did you
see the audience for the previous Lions Test eight?
Speaker 3 (01:12:23):
I would imagine was it was?
Speaker 9 (01:12:25):
It?
Speaker 3 (01:12:25):
Okay?
Speaker 2 (01:12:25):
It was pathetic eight hundred TV audience, TV audience eight
hundred and fifty thousand people eight to fifty thousand versus
four and a half million for the state of origin.
Speaker 3 (01:12:36):
Yeah. Yeah, that's that. That sums up with rugby is
in Australia. Look, the problem at the end of that
game is that that's why a lot of people have
turned off rugby, the gray area around the tackle and
the breakdown.
Speaker 2 (01:12:48):
To be fair to Australia and all their whining, if
they hadn't I mean they were hit by a mile.
If they hadn't given that up, they should have They should.
Speaker 3 (01:12:54):
Have won the game. The first five didn't find touch
about three of play. If he had, if they probably
would have won. But that's some that's the overall. I
thought it was a good game. Look, hey, next year
when we have the World Cup, we can Jason and
I can come around to your ranch and sure I
can Jason, Jason can educate you on the finer points
of football and I can hock into your red wine collector.
Speaker 2 (01:13:18):
Tell you what I'll do. I'll give you the code
to the gate, not.
Speaker 1 (01:13:24):
The Mike Hosking Breakfast with the land Rover Discovery News.
Speaker 2 (01:13:29):
Mike, love you, but you're so out of touch when
it comes to the popularity of football in New Zealand.
No I'm not, but I know what you're saying. The
reason I asked about whether the TVs it's got the
right to the World Cup is it costs a fortune
to get the rights to the biggest sporting event in
the world, and so as a purchaser of that particular product,
you're then looking for payback in terms of sponsorship and
marketing and branding and advertising and all that sort of thing.
(01:13:51):
So yes, New Zealand games will always get a good audience,
and the final will get a good audience, and anyone
to do with England will get a good audience. But
you know when Germany pays Switzerland, Tanzania play you know
Timbuktu as anybody watching. But you've paid for that and
you've got to make it work for you from a
business point of view, is what I was suggesting. So
if TV and Z who are not really in the
(01:14:11):
best of all financial positions at this current point in time,
had to outlay millions for a sporting event as a
sort of a go at coverage of sport. Are you
taking a risk? It's a financial risk that you're looking
to go, especially when you're not known to be in
the sports business the way say Sky is. That was
the You know, there's plenty of people want to watch football,
(01:14:31):
of course they do, but whether or not you can
make it pay as a business proposition was sort of
what I was leading to now. Steve Price, a couple
of really interesting things going on in Australia, including Elbow
and Palestine.
Speaker 1 (01:14:42):
More shortly, news, opinion and everything in between. The Mike
Hosking breakfast with Bailey's real estate altogether better across residential,
commercial and rural news talks head been.
Speaker 2 (01:14:54):
I was going to raise it, but I didn't have
time with the guys. But the NFL, I noted over
the weekend they're going to find more than one hundred
players and two dozen club employees who are found in
violation of ticket resale policy. This was for the Super Bowl.
They all got. You know, when you're a player, get
free tickets. This was Super Bowl fifty nine and they
(01:15:16):
sold the tickets to bundlers at a profit. Now here's
the weird thing, and I can't understand why they're doing it.
Players will be fined one and a half times the
face value of the tickets they sold. So if you
had one hundred dollars ticket you sold it for two
hundred dollars, you'll be fined one and a half times
the two hundred dollars. But if you're an employee within
the company, within the team, you get faith twice the
face value. So the players who got all the money
(01:15:37):
and shouldn't have done it obviously in the first place,
because they got all the money in their idiots, get
one and a half times the fine, whereas the poor
old employee selling behind the desk who happened to get
a ticket she gets two times. Makes no sense.
Speaker 13 (01:15:49):
Twenty three to nine International correspondence with ends and eye
insurance Peace of mind for New Zealand business.
Speaker 2 (01:15:55):
See price as well as money much Ill now, I
think I told you a couple of weeks ago, months ago,
whatever it was, when Mike Bush was going across and
he's a good bloke and he's done his interview did
he come across as a good bloke.
Speaker 21 (01:16:07):
Well, we don't need a good bloke. What we need
is someone in charge is going to clean up a mess.
I mean, I feel very sorry for Mike Bush, and
the jury is still out. From my point of view,
he's only been in the job of month and he's
got a hell of a job to do because Melbourne
is a lawless place at the moment, and I just
don't know how he's going to do it. I mean,
(01:16:28):
we've got machete wielding thirteen year old stealing cars. A
friend of mine on the weekend went to bed and
her and her husband didn't hear a thing. Woke up
in the morning them said, he's gone out of the garage.
Your handbag gone out of the house. They got into
the house somehow. And you know this happens night after night,
(01:16:48):
all over the place. So Mike Bush gives his first interview.
He says Victoria's surgeing crime rates must be reversed. In Hello, yeah,
we get that. He said he not asked by the
government to make budget cuts, that's good news. He also
talked about getting more police back on the beat and
everyone says that, but interestingly he said that technology in
(01:17:10):
Victoria is hopeless. The computer systems don't talk to each other.
And he's going to sign a Pubble has signed a
partnership with New Zealand to implement your systems, something he
can believe to be done in a year. And he's
going to send a team across the Tasman in six
weeks time to examine your computer system. Is your computer
(01:17:31):
system being used by the police the best in the world.
Speaker 2 (01:17:35):
The best in the world is a stretch.
Speaker 8 (01:17:38):
I don't think there's very much we do in this
country that's best in the world anymore. But I will
tell you that, broadly speaking, crime is a lot better
than it was, and it's got to do with and
the police may have been part of the government certainly
has been working in tech and they may have been
part of that.
Speaker 2 (01:17:54):
So it may well have been revamped. So he might
be onto something.
Speaker 21 (01:17:57):
Well, that's hope that's the case, because you know, I
think I've told you this before, but last week local
bottle shop Chapel Street down the road, went to get
a bottle of wine. Door was locked, had to knock
on the door to get in. Was the door locked? Well,
we've had thirty snatch and grabs of booze out a
year this week on one week.
Speaker 2 (01:18:16):
Yep, Chapel Street doesn't flash clothing shopping Chapel.
Speaker 21 (01:18:19):
Street correct, which is now pretty much a slummy dive.
And I would advise anyone from New Zealand coming you
don't fall for Mike's description because that's not what it's locked.
Speaker 2 (01:18:29):
I bought my first pair of D squared jeans and Chapel.
Speaker 21 (01:18:32):
Street knowing how me and you ain't probably still got the.
Speaker 2 (01:18:39):
Protests. How big are they and what is it they're
looking to achieve each and every weekend when they.
Speaker 21 (01:18:44):
Turn up each weekend, that's right, it's each weekend that's
the problem, and not huge, but they do disrupt things.
Now we had the situation where they now like to
chant death death to the IOF, which stands for the
Israeli Occupation Force as opposed to the IDF. Now, speaking
of Mike Bush and the police, the police apparently have
(01:19:05):
taken legal advice. It's understood that it is not illegal
to chant that that it doesn't actually break any of
either the Crime Act or the Racial and Religious Tolerance Act.
So police have got nothing to arrest these people for
in terms of what they're saying they were out there
again yesterday. They had posters branding net Now he was
(01:19:27):
a crime minister and comparing the Israeli government ministers to
Adolf Hitler and Nazis. One bloke was carrying a jacket
reading death death to the IDF. You know, they disrupted
the main Securita Road boulevard. They stopped people from going
into the Victorian Gallery, the art gallery there. People they
(01:19:50):
shut the doors. So you know, if you're just tourists
on the way there that don't see the artworks, you
couldn't get in. And you know, this follows after the
ex Governor Linda Dessau said, look, you should be arresting
people for saying that the IDF. So good on Mike Bulsh, he's.
Speaker 2 (01:20:07):
Got a job speak of the Middle East. Macron did
what Macron didn't recognize in the Palestinian stateholl will officially
do it in September a winter. He's doing it at
the u N. So the pressure's on Starmer, and Starmer's
facing two hundred and twenty em p's have all signed
a letter. Is Albin Easy who said he's not going
to do what Macron did. Is he under any real
pressure or not.
Speaker 21 (01:20:27):
He'd love to do it, but he's being very cautious
even though he's got a thumping majority. You've got to
remember this bloke, Anthony Albneasy, in the nineties formed a
group of parliamentary Friends of Palestine. He's always been of
the view, I mean, comes from the hard left and
he's always been of the view that Palestine should be
recognized as an independent state. And he'd love to say
(01:20:48):
what Macron said, but he's just being very, very careful.
I think privately he wants to do it, but publicly
he's not prepared to put his name on the line.
That's a watch and see, and he really does support
Plus I.
Speaker 2 (01:21:04):
Know I'm in the weeds a bit here, but they're
acting like a medieval king. Explain this to me and
see if I've got it right. So there's much angst
in Canberra over Albanesi's staffing levels of opposition parties and
they don't have the staffing levels that they want. How
is it that the Prime Minister decides what staffing levels
other parties.
Speaker 21 (01:21:24):
Have just our system and it goes both ways, clearly,
I know it's strange. It's very strange. It should be
a legislated number of people that you can have as
your staff. But that's not the case, and so you
can cut people like paul En Hanson's One Nation, for example,
if you don't like the policies that she's talking about,
you can cut her staff. It makes it much harder
(01:21:46):
for them to do their jobs. And then you've got
all those independent deals, same thing they have less staff.
I mean, labor is groaning with people. That's just our
system and outworks.
Speaker 2 (01:21:57):
We have it based on numbers and a budget. So
the more seats you have, the bigger the budget you have,
and you run your budget and you hire the people
you want. I mean, doesn't that mean it does?
Speaker 21 (01:22:07):
Absolutely?
Speaker 3 (01:22:07):
How weird?
Speaker 2 (01:22:09):
Have you seen the race or not?
Speaker 21 (01:22:11):
No, but I've read it and I'm very much looking
forward to that first pass.
Speaker 2 (01:22:15):
On Honestly that I swear to god. It really is, said.
I bought everyone witless on the program this morning about it.
If you aren't in awe of Piastre and what he's
about watching that pass on a rouge, you know nothing
about racing and you don't like competition, and you're.
Speaker 21 (01:22:35):
Absolutely absolutely Mark Martin Brundle some of it up and
said the championships now a race between Piastre and Norris.
I think Pasture's so much better than Norris. It's not funny,
you'll lose the odd race. But it looks like he's
on his way to a world championship.
Speaker 2 (01:22:49):
I think is Webber liked in Australia.
Speaker 21 (01:22:53):
He got no much personality. I mean we really admire
that what he did. He now manageres Oscar obviously, Yeah,
he's a tremendous IF one driver, but we've had a
world champion in Alan Jones obviously. Now Oscar's won eight
Gronze Prix, which equals the number that Daniel Riccardo won
in his entire career, and we all loved Riccardo. He's
(01:23:16):
probably I would say Oscar Pstro the most underrated sports
star in Australia right now.
Speaker 2 (01:23:20):
Very good point, well said see Wednesday. Preciate it very much.
Steve Price Out of Australia eight forty five.
Speaker 1 (01:23:26):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks at be just before.
Speaker 2 (01:23:33):
We leave Australia and this applies to us and why
it will never happen. There was a story over the weekend.
I can't remember where, But they were talking about the
evidence of alleged evidence that we need some sort of
ban on under sixteens on social media, and social media
does harm and there's no doubt that's true, Absolutely no
doubt that's true. But the next step is what are
you going to do about it? And so we're officially
going to do something about it once we've worked out
(01:23:54):
what Australia is going to do about it. And what
Australia is doing about it is banning them. They're going
to have an age group thing that's going to come
in in December. As I've said all along, it'll never
see the light of day. And Google didn't help that
over the weekend because they wrote to the Communications Minister,
a person called Anaka Wells. They are considering legal action
over YouTube, so they're arguing it's restricted. There were constitutional
(01:24:18):
rights to freedom of political communication is going to be
their argument. Their other argument, of which they're undoubtedly correct,
YouTube is a video sharing platform, not a social media service,
and they're right. You don't go on YouTube to bully people.
You go on YouTube to watch highlights of the f one.
We have written directly to the government urging them to
uphold the integrity of the legislative process and protect the
age appropriate experiences and safeguards we provide young Australians. So
(01:24:42):
they've got Facebook, Instagram, TikTok, Snapchat among the platforms covered.
YouTube was exempted in a move that tech took described
as a sweetheart deal. So lawyers are getting involved and
the whole thing. And of course that's before you get
to the threat of if you do this, we're going
to pull our service out of Australia. And don't think
that it's gone away. So if that ever sees the
(01:25:03):
light of day, and we ever come back to this
country with something by way of a plan, I'll eat
my hat ten away from nine.
Speaker 1 (01:25:10):
It's a make asking breakfast with Bailey's real estate news dogs.
Speaker 2 (01:25:14):
Dead be I might watch Trump over the week. Can
while he was playing golf, looked like an armed golf
cart followed him. Do you know if that's golf cart?
Speaker 3 (01:25:21):
Won?
Speaker 2 (01:25:22):
That's very good. They are all they're all armed. And
I can't remember what the number was because they were
doing it in pounds and euros and dollars and I
got confused by the end, but I think it came
out to about fifteen million in terms of security for
the three or four days it is here, but the
cart's his wasn't. But the carts that follow him they're
all armed. They're all set to go. They've got helicopters
and drones and everything. And I mentioned earlier on in
(01:25:43):
the program he was putting. There was a shot of
them putting down hell what looked like a very tricky
Putney nailed it, And the conspiratorial side of me is,
how is it? The only part I've seen on this
trip is the party nailed? Is that supplied to us
by the White House? Because there's no question about it.
It was a very good part. And as I mentioned
earlier but also on the program, he doesn't pick his
(01:26:04):
ball out of the hole, so he gets somebody to
do that. So that was nice. Mike went to Australia
last week and was excited to shop for duty free
liquor and I was very disappointed to find it was
stupier at Liquor King and judy free is now waste
of time. Ben, has it been a while since you traveled,
because that's been the case for a long time. The
only thing I think I opened a correction, I don't
(01:26:25):
buy judy free and haven't done in decades. But my
thing is, it's really only cigarettes and tobacco and all
that stuff these days is and I think the booze.
If you buy it on discount, you can get a
very good deal. You get a pretty good discount. If
you after a bit of odor odor toilette, you can
get a reasonable price on a bit of odor toilette.
I mean, the chemist warehouse will probably run you for
it in terms of specials and stuff like that. But
(01:26:47):
a bit of odor toilet and a couple of sigis
is about all you can get. I remember when my
nana and granddad used to travel, back in the days
when virtually no one traveled. Anything that you bought and
duty free was like, you got to be kidding me.
You paid what like Lego all the stuff that became
famous that you could buy anything in their chocolates, regular
food that you ate for dinner. This was in the
(01:27:08):
days of Mouldoon running the country shoes.
Speaker 12 (01:27:11):
These days, it's a good place to get unusually flavored baileies,
is it, yeah, like ricet wise or just taste will
Sometimes they're only available. Choice is an interesting Pavlova flavored
bailey for example.
Speaker 2 (01:27:24):
It's a bottle of Bailey's cost around them.
Speaker 3 (01:27:27):
You can use.
Speaker 2 (01:27:27):
They usually are going to do you a two for deal, yes,
and what do you pay?
Speaker 12 (01:27:31):
What you do you pay for two seventy backs for
two five a bottle of I think that's they'll do
that sort of thing sometimes five minutes away from nine.
Speaker 1 (01:27:42):
Trending now with chemists every.
Speaker 2 (01:27:47):
Day see fifty eight for one leader at super Liquor,
for the for the for the Baileyes, I don't know
that won't be pavlover flavors, certainly won't be Pavlover flavored anyway.
Speaker 1 (01:27:55):
Trending now with chemists keeping Kiwi's healthy all year round.
Speaker 2 (01:28:00):
The Rick and the Martyrs in a Kroc and Hastings
Street noose last week and Katter Bob runs his own
political party catters Australian Party cap Kap. He's got a bill,
as it turns out, this is a debate in Australia.
This when he's got a bill to create croc for
his zones. Where if you see a crock and a
croc for his own you get to bah shoot it.
Speaker 16 (01:28:18):
They're territorial, so you got sixty crocks. You know, mother
has sixty little crocodiles. Well they're gotta find her own.
All North Queens this territorialized now, so all they can
do has moved south. They've done this without any consideration.
But done that because is only North Queens at has
been eaten, so we don't.
Speaker 3 (01:28:38):
Have to worry. Well now Southern Queens that's gonna get eaten.
No bit of different attitude.
Speaker 2 (01:28:45):
You can see why so many New Zealanders are going
to Australia. Coun't you. I mean, you've got your crocs
and you've got guys like him running the country. I mean,
I don't know why I haven't left for goodness sake anyway.
Terry Irwin, you know she's called it all lays and sloppy,
and Bob had to respond.
Speaker 8 (01:29:02):
What the hell would they know about it?
Speaker 3 (01:29:04):
They live in Brisbane, What the hell would they know
about it? All? Nine a place.
Speaker 16 (01:29:09):
All they know about is crocodiles in cages, right, they
never live where the crocodiles are.
Speaker 2 (01:29:16):
Well, I'm not sure that's true. Actually, somehow I went
to Australia Zoo. It's worth going to if you're going
to Queensland. It's one of those things you go to
Australia Zoo you think was that worthy. I'll go home
and ask one of the kids. I'll say, you remember
when we went to Australia Zoo and they go nah.
There's another parenting tip for you. Don't take your kids anywhere.
They won't remember anything. Back tomorrow morning from six as always.
Speaker 1 (01:29:40):
Tidays for more from the mic Asking Breakfast, Listen live
to news talks. It'd be from six am weekdays, or
follow the podcast on iHeartRadio.