Full Show Podcast: 30 September 2025

Episode Transcript
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Speaker 1 (00:00):
The newsmakers and the personalities, the big names talk to
make the Mic Hosking breakfast with Rainthrover leading by example,
news talks dead.

Speaker 2 (00:09):
Be welcome today the earthquake changes, update on our wine industry,
how those new markets and what about those tariffs? Got
some good news on our health system. Cassie Henderson's in
for a song and a chat after right, Catherine Fields
and France Rod Little. He does the UK for us
asking no welcome to the day, seven past six. If
common sense gets your votes, then the government is traveling well.

(00:30):
One decision, of course, does not swing an election or
your vote, but a whole series of them may well
make a difference, whether it's where you put your garden shared,
or the speed of a new road, or the pace
of reform and consent. A lot of common sense has
been applied to a lot of daily issues for many
of us. Yesterday added to that list the earthquake remediation
program proves beyond doubt one rule does not apply to all.

(00:50):
The government went to some lengths to point out the
rules were well intentioned, but I can't help but think
that was needlessly kind. I mean, the outworkings, no matter
how well intentioned have been ruinous. For too many people's
entire lives have been upended because they sit in the
home that's in a building that someone decided needed remediating.
They don't have the money, The value in their home
instantly crashes. They can't get access to loans. This applies

(01:13):
not just to apartments but to businesses. As a result,
little gets done if you can't afford it. Nothing gets
done if it's not worth it. Even if you can
afford it, nothing gets done. So you've got hundreds of
not thousands, of buildings whose value is plummeted, and they're
just as vulnerable as ever. Nothing actually changed. The fact
Northland and Auckland have been completely removed from the Register

(01:34):
tells you how hopelessly loose The original thinking was earthquakes
in the north of the country are not a thing.
Why bother people with needless hassle. The savings they tell
us in it are in the order of eight billion Auckland.
A loan saves over four billion dollars. Values will be readjusted,
work will get done, people's lives will be readjusted back
to some form of normality common sense. This whole thing

(01:54):
was made up. What was acceptable. What wasn't was made up.
Thirty four percent of a new build suddenly became a thing.
Why because they decided it was. That's the power and
the danger of authority that doesn't deal properly in the detail.
Might well be well intentioned, but it never stopped it
being wrong.

Speaker 1 (02:14):
News of the world in ninety seconds.

Speaker 2 (02:17):
Well as Father, as the yellow chairs go, today was
allegedly one of your bigger days.

Speaker 3 (02:20):
Ultimately, the President knows when you get to a good deal,
both sides are going to leave a little bit unhappy.

Speaker 4 (02:27):
But we need this conflict to end.

Speaker 5 (02:28):
The President's made that very quick.

Speaker 2 (02:30):
So that's Trump and NT Yahoo. They went got together
about four point thirty this morning, our time. And when
I say the yellow chairs, there are no yellow cheers today.
They've canceled that in the going straight to a press conference,
which I'm assuming is good news. So that's starting to
unfold as we speak now while we're in America. A
couple of other things. One the shootings yesterday at the church.

Speaker 5 (02:49):
He's shooting at me, he missed every time. It was
the scaredest I've ever been in my life. It wasn't
the shooter trying to shoot me. Was are and my
family okay?

Speaker 2 (03:03):
And to the New York mayoral race where Adams pulled
the pin yesterday, leaving Mendami in Coomo Cuomo.

Speaker 6 (03:09):
You got your wish.

Speaker 7 (03:10):
You wanted Trump and your billionaire friends to help you
clear the field, But don't forget you wanted me as
your opponent in the primary too, and we beat you
by thirteen points.

Speaker 8 (03:19):
Looking forward to doing it again on November fourth.

Speaker 6 (03:21):
I love all your walks.

Speaker 2 (03:23):
I love it. Then in the UK, laborer are having
their get together to face pressing issues. One pressing issue
is all these illegal migrants.

Speaker 9 (03:30):
Some may describe me in the coming months as a
tough home secretary. Perhaps that is true, but let it
never be forgotten that I will be a tough labor
Home secretary.

Speaker 2 (03:45):
Another pressing issue is the fact that they've got no money,
and there's a budget coming.

Speaker 10 (03:49):
We'll face further tests for the choices to come, made
all the harder by harsh global headwinds and the long
term damage done to our country, which is becoming ever clearer.

Speaker 2 (04:00):
The third issue was Starmer being a bit useless, and
I got a poll on that shortly. But first, an
independent year long study by the Center of countering digital hate,
and the Jewish Council of the Public Affairs has found
that X is your go to for your anti Semite.
The research found that anti Semita content is gaining traction
and the EXE debunking system they call it community notes
only in fact checks about one percent of it. So
that is news the world and hate in ninety Relax.

(04:22):
The Russian interference in Moldova didn't work. The incumbents one
and as far as I can work out, they've counted
virtually all the votes. They've got a majority. They looked
to be gaining about fifty three seats in a one
hundred and one seat parliament, so they were in power.
They remained in power. Eleven past six, the.

Speaker 1 (04:40):
Mic Asking Breakfast Full Show podcast on iHeartRadio, Power by
News talksp.

Speaker 2 (04:48):
Well said Mike the Founder's Theater in Hamilton was demolished
thanks to the earthquake rating. It stood for years no
earthquakes and Hamilton, Oregon, by the way, not surprisingly as
suing Trump, he rolled out the National Guard yesterday to Portland.
So Oregon's design to dissume everything ends up in court
and as AI real, yes it is. Ask the people
at Lufthansa, who have overnight announced that to turned away

(05:08):
I to boost efficiency, they are cutting some four thousand
jobs fourteen pass from ing by Wealth Andrew Keller Her,
good morning, please, very good morning, Mike. Filled jobs. You
got some good use for us?

Speaker 11 (05:21):
Well, I have very quickly they might before we talk
about jobs.

Speaker 12 (05:24):
This is the last day of Andrew Keller from jay
and My Wealth, that name being honorably retired tomorrow.

Speaker 2 (05:31):
Changing your name tomorrow, what are we going to call you?

Speaker 12 (05:34):
Well, Mike, historically you could probably call whatever you want me,
but tomorrow it's going to be Andrew Keller Her from Shore.

Speaker 11 (05:40):
And Partners Financial Services.

Speaker 12 (05:41):
So we've been a fond farewell to Jayami tomorrow and
started an exciting new era with a new name.

Speaker 2 (05:48):
Look look forward to it. I will practice my delivery
overnight and now you're read to you with alacrity tomorrow morning.

Speaker 12 (05:55):
An enthusiasm, alacrity and excitement exactly.

Speaker 11 (05:58):
Yeah.

Speaker 2 (05:59):
So jobs, yea, these jobs, this is philled jobs.

Speaker 12 (06:02):
Yesterday, I've been thinking all night about how to characterize
this mic so phil jobs for August. This is data
from the IID filings. It's high frequency data. Let's start
with the headline number zero point two percent for the month.
Now breaking it down, Unfortunately, here's the thing. These numbers
almost always get revised down, and there were historical downgrades

(06:23):
right across.

Speaker 11 (06:23):
This data yesterday.

Speaker 12 (06:24):
So the picture really being painted now is of a
jobs market that's I'd say it's just hanging in there.

Speaker 11 (06:30):
Really.

Speaker 12 (06:31):
If the jobs market is to improve, it's coming from
a pretty weak starting point here. The numbers year on
year phil jobs are down zero point seven percent.

Speaker 11 (06:39):
They're not going anywhere quickly.

Speaker 12 (06:41):
And if we look at if we look at this
whole year, if you look at all of twenty twenty five,
after all this historical revisions, there's outside of August, there's
only one month, one month that shows a positive number January.
Since then we've had flat or very small declines. So
three months to August minus zero point one percent, the
total level of fill jobs two point four percent below

(07:03):
the peak and employment we saw back in March twenty four. Now, now, Mike,
there are many conclusions you can draw from this sort
of data.

Speaker 11 (07:09):
I'll just call out a couple this morning.

Speaker 12 (07:12):
This data suggests there's still plenty of surplus capacity in
the economy, and that completely supports further monetary policy support.
And secondly, I'm now trying to avoid the term green shoots, Mike,
because I think the green shoot has been overdone and
we were waiting for green shoots. Screenshoots suggests something that
comes out of the ground and keeps going. I'm now
replacing that with the term flickers. If you're looking for

(07:33):
flickers in the economy, when you finally see them, don't
expect the flickers to become a roaring blaze straight away.
Now we can fan those flickers with the breeze of
monetary policy, but the recovery will be gradual. It'll be slow,
and perhapsally when we get it, we will see it
next year, but it's not.

Speaker 11 (07:52):
Just going to take off.

Speaker 2 (07:53):
Okay, similar I'm reading yesterday, Now correct me if I'm wrong. Yes,
they're selling, Yes they lost money, but they seem bullish.
They've got a plan fair on.

Speaker 11 (08:03):
Yeah, I think that's fair. I think that's fair.

Speaker 12 (08:05):
So and look, the positive thing here is this is
this is great activity in the rural sector.

Speaker 11 (08:11):
So a further act in.

Speaker 12 (08:12):
The Sinlay saga announced yesterday is part of a as
part of their twelve month results announcement to thirty one
July and spoiler alert.

Speaker 11 (08:18):
What did the markets say? Well, the share price is up.

Speaker 12 (08:20):
Fifteen percent yesterday to eighty one cent, so that tells
you what the market thinks. The announcement yesterday describes as
a defining moment for Sinlay. It sold its North Island assets,
so it's the Poconot manufacturing facility. Because they've got the
company side in Auckland three hundred and seven million bucks.
That will significantly reduce debt. Remember, debt was the big
problem for Sinlay. Importantly at the moment, it also looks

(08:42):
like all of the jobs will be protected. The buyer
mic Abbott Healthcare. They are current kinds of Sinlay Global
Healthcare leader list on new stock Exchange. They've got to
get OO consent and shareholder approving, but Bright Dairy said
it will vote in favor. They've got two almost two
thirds of the votes. The financial year result was better
than expected, loan results a small profit. This is on

(09:02):
the same day MIC that Fonterra also released a whole
bunch of details about the south of its consumer division
ahead of the shareholder vote for that.

Speaker 11 (09:09):
The takeaway for listeners here this morning.

Speaker 12 (09:11):
Mic activity breeds confidence, so the more of this sort
of activity that.

Speaker 11 (09:16):
Will get better.

Speaker 12 (09:17):
It is, and it's all coming from the agresector, which
is really no surprising.

Speaker 11 (09:20):
So I think this is good announcement.

Speaker 2 (09:21):
Good stuff on the RB marking their own homework, decided
they could have done a bit better broadly.

Speaker 11 (09:25):
Yeah, yeah.

Speaker 12 (09:26):
They release a following fast on the heels of the
new governor, several research papers yesterday. There's a lot of
reading there, a review of montary policy from twenty seventeen
to twenty two. In hindsight, earlier or more aggressive tightening
might have reduced inflation.

Speaker 13 (09:39):
So that there you go.

Speaker 11 (09:40):
Now you've got it.

Speaker 12 (09:41):
But look at least they are looking at this stuff.
From our point of view, we've got to deal with
where inflation is right now.

Speaker 11 (09:46):
So it doesn't make it great. But if they've learned
from their mistake, that's a good thing.

Speaker 12 (09:50):
And I'm looking forward to quality time today digesting all
of that research.

Speaker 2 (09:54):
Right our numbers, please.

Speaker 12 (09:55):
So the US Mike now got a looming government shut
down and we're tariffing.

Speaker 11 (10:01):
We're putting tariffs on movies. Nobody knows how you do
that anyway.

Speaker 12 (10:05):
Dal Jones forty six thousand, one hundred and ninety six
it's down fifty one points. The S and P five
hundred sixty sixty five one, it's up eight points, and
the nastacks up one hundred points. That's point four five
percent twenty two thousand, five hundred and eighty four forts
one hundred overnight gain small fifteen fifteen point one six percent.
The nicket was down three hundred eleven points, just over

(10:26):
forty five thousand to close there Shangho composite upper point
nine three eight sixty two. The Aussie is gained point
eighty five percent yesterday, and the ns NEX fifty closed
at thirteen thousand, one hundred and thirty two, up twenty
points point one six percent.

Speaker 11 (10:40):
Kiwi dollar still.

Speaker 12 (10:42):
Languishing point five seven eight two against the US, put
eight seven nine to one point four nine two nine
against the Euro, point four to three oh five against
the pound, point eighty five point nine on Japanese year.

Speaker 11 (10:52):
Gold is not languishing.

Speaker 12 (10:54):
It's three thousand, eight hundred and thirty one dollars setting
all the way to four thousand dollars probably and bring
through sixty seven dollars and eighty eight cents.

Speaker 2 (11:02):
Catch up tomorrow. Andrew kellaher JMI wealth dot coskame no
Glynn j am I well tasking.

Speaker 1 (11:13):
I thought we were done with that name.

Speaker 2 (11:14):
What do you do ea? Which I alluded to yesterday
Electronic Arts. The deals through fifty five billion US, which
is about six trillion New Zealand dollars if you just
heard the exchange rate a moment ago. So it's Saudi
Arabia's public investment fund, silver Lake. We know the name.
And what I didn't realize yesterday with Jared Kushner's in
there as well, Affinity Partners. So this is EAFC and
Simson Mass Effect and all that stuff. Anyway, leveraged, leveraged

(11:37):
up to the eyeballs purchase prices of twenty five percent
premium on the market value currently, So I assume they
know what they're doing. Six twenty one Irrick News Talks
the BEM come there beaming in the value our house.

Speaker 1 (11:52):
The Vike Hosking Breakfast Full Show podcast on iHeartRadio powered
by News Talks at b.

Speaker 2 (11:58):
On the broad subject of the Middle East. I will
get you to Tony Blair's plan to run Gaza. It's
I don't know. I mean, I'm assuming he's serious because
he's got the backing of various people, but I'll on
you through that in the moment. But something big is
brewing at the White House because just been reported that
Netnya who's apologized to Qatar for going after them in Doha.
He wasn't going after Qatar. He's going after Hamas obviously,

(12:21):
but nevertheless he's rung the head of Katar and he
said sorry, and he's wrung them from the White House.
So what that indicates to me is we've got a deal.
And so he's apologized to guitar quitars on board and
presumably I don't know where hamass and all of this
and whether they accept the terms, but we are standing
by for a press conference. No yellow chairs. As I

(12:41):
mentioned earlier on, you have yellow chairs when it's funsies.
When it's serious, you have a press conference. So that's
been going on for a couple of hours. Netnya, who
arrived at about four thirty New Zealand time, so could
be a big morning six twenty five.

Speaker 1 (12:52):
Trending now with him as well Spring Frenzy sale on now.

Speaker 2 (12:57):
Meantime, other important matters. We've got a chicken scrap. This
is Coonel Sander's great great great that's three great's nephew,
Anthony Sanders. He's gone on TikTok to cool out the
current group who runs the company's released the infamous secret
Hoobs and Spices recipe.

Speaker 14 (13:11):
It blocked me for upholding his true history to let
people know who he actually was, and they blocked me
for calling out their advertising team as weird, disrespectful, and disgusting.
Over the last decade, they have sexualized my uncle for
marketing purposes.

Speaker 11 (13:27):
I will not support a company that does that.

Speaker 14 (13:29):
My response to Kentucky Fried Chicken blocking me is, do
you want to know how to make their chicken truly
generally their chicken? So let Kentucky Fried Chicken deny this.
If they do, I'll say prove it. I have faction
receipts back up. My recipe is from my cousins on
Lee Cummings side, because cousin Lee was the nephew. That
can be a recipe that Joe Leddington, not that bull

(13:52):
craft that was leaked in twenty sixteen. Lee Cummings, nephew
of Colonel Sanders, the colonel's sister's son, knew what the
recipe was.

Speaker 2 (14:02):
I've always said that. I said, if you want to
know the recipe, go to Lee. Lee knows what's going
on there. That music, by the way he put in there,
that wasn't me just to jazz that thing up. So
that just proves you can't pick your family unfortunately. So
as for the recipe, I've got it in front of me.
If you want it so you can make your own,
I'll sell it to you for fire bucks. So just

(14:22):
text me at the moment I've got it's a bit
of I mean, it's all the stuff you thought was
in their sage clothes, ginger coriander, red pepper, but a
kne cinnamon, Gaelic powder, white pepper, black pepper, cardaman, it's
got MSG. I mean I personally I don't use the
MSG in my recipe. But you can cake flower. You
need some cake flower, you need some salt. But it's

(14:43):
the amounts that you're dealing with there. But anyway, text
me in for fire bucks. I'll sell it to you.
Now speak your money. As Andrew mentioned, a moment ago,
the RB had a look at itself and they decided
they didn't do a very good job, which honestly, for
a lot less than that cost them, I could have
done that for them and have been for the last
couple of years on this program. But there you go.
We'll talk to Sharon Zolner and see where we go

(15:05):
and see whether they've learned any lessons out of all
of this. Meantime, the news is.

Speaker 1 (15:08):
Next credible, compelling, the breakfast show you can't bess. It's
the mic Hosking Breakfast with Bailey's Real Estate covering all
your real estate needs.

Speaker 2 (15:19):
News togs head be you get together run mid week
our time in Copenhagen. So they got issues around closing
the skies and thens and the drones and all what's
going on with Russia at the moment. So Catherine Field
in Paris for a shortly meantime back home at twenty
three minutes away from seven. You report from the Missouri Bank,
as mentioned by Andrew a couple of moments ago, basically
marking their own homework on its performance on monetary policy

(15:41):
between twenty twenty one and twenty twenty four. Yes, the
fabulous COVID years. Turns out they could have moved faster
to deal with inflation. They suggest the government's free spending
policies make that job harder. They also want better coordination
with Treasury Sharon Zolena resigned and said chief Economists back with.

Speaker 11 (15:55):
Us, Sharon morning, good morning.

Speaker 2 (15:58):
Anything here that doesn't fairly obvious, Well, everything's.

Speaker 15 (16:02):
Obvious in hindsight, isn't it. I guess that's kind of
the main theme of the document, and it is fair enough,
I suppose. I thought it was actually really useful to
see a much fuller, transparent and honest discussion about what
they got right, what they got wrong, why they made
the choices they made, Whereas up to this point we've
sort of just heard are we could have only moved

(16:23):
one quarter earlier, and that wouldn't have made any difference. Really,
this is a much more useful discussion.

Speaker 2 (16:28):
I thought, Okay, the line about employment. In other words,
they had a mandate to save jobs. When everything's closed
and locked down, the only way to save jobs is
to throw money at it, which is essentially what they
were doing, was it.

Speaker 15 (16:42):
Yeah, they got some hints about the roles of fiscal
and monetary policy and events like this, and I think
it's a little bit like the earthquakes, which was primarily
a supply shock, or whether events like Hawk's Bay. I
think one of the lessons is that there are some
things that fiscal policy is just much better place to
deal with. Primarily, we almost diagnosed COVID as unfortunate term,

(17:07):
but primarily as a demand shock that people would be
really freaked out and stop spending, and therefore you needed
to really stimulate demand. But actually that the government of
the wage subjecty was extremely effective in that regard, and
there wasn't an awful lot more that was actually needed
with the benefit of hindsight, but obviously that was not

(17:27):
something you could reasonably know at the time. So given
that there was far too much stimulus from monetri policy,
we didn't need a housing bubble.

Speaker 2 (17:37):
No, exactly. Well, now, so several things out of that
one when Adrian or gave all the money to the
banks at super cheap and didn't give them writing instructions
as to where that money could go, was that a
mistake or not? In other words, people were always going
to take the money and put it into housing jet skis,
weren't they.

Speaker 15 (17:54):
Well, I don't think there was a bank should be
telling banks where to lend. Eventually, I don't know, You're
not really you're entirely different sort of economy at that point,
should we say, But certainly western benefit of hindsight, there
was quite too much stimulus of all kinds of including
the various non traditional monetary policy programs. I guess, you know,

(18:15):
the Reserve Bank lowered the OSI out of rock bottom
and said they were going to leave it there for
a year and then went looking for other ways to
stimulate the economy, and they certainly succeeded, But the primary
mistake was just underestimating I think how effective the fiscal
policy was was going to be at that time, and
we were all taken by surprise by that. I think

(18:38):
the way subsidy was hugely expensive, obviously, but very reassuring
to people, and so people just got bored and went.

Speaker 2 (18:46):
Shopping, Yes they did. I don't know if I'm making
too big eleak yesterday, but there's a story floating around
in Australia one of the banks saying people are saving
what they never had before. So two things out of that.
I just wonder if this whole commentary from the Reserve
Bank saying you know, look, look, look, your interest rates
are cheaper, go spend when people aren't their saving, and
whether that saving thing has come as a result of COVID.

(19:07):
So yes, we spent at the time, but now we've
worked out that wasn't the wisest thing, so now we're
saving more than spending.

Speaker 15 (19:13):
Well, basically, during COVID there was so much money being
thrown around that a lot of it did actually get saved.
We managed to save a lot of money and have
a housing groom at the same time, and that those
savings them sort of buffet spending when tougher times came.
But they're pretty much been. We don't have great data
on saving, but as far as we can tell, those
buffets have been eroded, so we're back to the usual

(19:35):
sort of pattern of things now, I would say. But yeah,
throughout the world there was a big spike in saving
because money was really being thrown at households and firms
for a while there, and some of it landed in
bank accounts.

Speaker 16 (19:47):
You'll get to.

Speaker 2 (19:48):
Think the given we'd never dealt with this before, that
it was what it was. I don't know whether we
learn anything from it. It'll depend on who the government
of the day is, who the reserve bank governor of
the day is, what country and at the time. In
other words, each each each event will unfold in its
own way, and you can write reports till you're blue
in the face is not necessarily going to change anything.

Speaker 15 (20:09):
Well, he's hoping we don't get another pandemic, but you know,
the experts are saying the chance we will, and I
think absolutely they will draw lessons from it, just like
you the lessons from the christ Church earthquake and other
events of that kind of like they're inflationary. So in
the Hawk's Bay, whether event came along and people were like, oh,
you need to cut interest rates, so like no, no,
that would not be helpful. And similarly they've drawn listened

(20:32):
to you, if there's a WOP and great wage subs
to be comes along because of lockdowns, then you don't
need to do as much with monetary policy. For example.
There are also some fairly stern words in there about
fiscal policy and about how it wasn't temporary, timely and targeted.
It went on and on, and that actually that legitimately
meant that the economy stayed overheated for longer and they

(20:54):
had to raise the OC.

Speaker 2 (20:56):
Out buy more exactly. All right, Nice to talk to you, Sharon.
As always, Sharon's on there out of the ANZ And
of course Treasury said that at the time they said
to the Reserve Bank Hey tight Nupton of course, the
Reserve Banking all women. The rest is they say, It's history.

Speaker 1 (21:07):
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on iHeartRadio powered by News.

Speaker 11 (21:14):
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she calls hindsight what some of us call told you so, Mike,
one of the lessons is Adrian or and Grant Robinson
should have been held to account as your basic crooks. Mike.

(22:21):
RB also had a mandate to maintain has maintained house
pluce stability and didn't do that. That's not technically true.
But to take your point fourteen to.

Speaker 17 (22:29):
Two International correspondence with ENZ and Eye Insurance peace of
mind for New Zealand.

Speaker 2 (22:35):
Business, we go Captain Field, very good morning to you.
Good morning mate. So another meeting midweek. We're in Copenhagen.
So do you lock places down a lot more than
you used to? Given lads flying a lot of stuff
around in the skies you don't know about.

Speaker 18 (22:48):
There's a lot more lockdown going on. Usually when we
have these big summits here you can feel that the
area is locked down. It's a bit difficult. But when
we're now talking about there's two days of summit which
is happening in the Danish capital, Copenhagen. We've got Wednesday
twenty seven European leaders, heads of state government there for
a special summit to talk about Ukraine and European defense.

(23:12):
And that's followed on Thursday by that forty at least
forty heads of state or government from the European political
community coming to again to the Danish capital. What DIDN'TIK
has done is it's now receiving what we can only
say is your urgent security assistance from NATO allies. And
this follows those droned drone incursions around six airports in

(23:36):
Denmark over the last few days. The sort of equipment
they're getting in Mike, I mean the French are sending
thirty five anti drone trained staff and a special helicopter.
Germany is sending forty troops and a frigate, Sweden sending
anti drone apparatus, and NATO have upgraded the mission in
the Baltic seas. So we've never seen any thing this intense.

(24:01):
But certainly the message it's going out is these meetings
have to take place. European defense has got to be discussed,
and it's now time that stood up and said, look,
we are going to meet.

Speaker 2 (24:13):
Well, that's interesting because is this an all for one
and one for all or is there a little bit
of the well, they flew into your air space and
that's not really our air space, so you know, don't
worry about it, don't get too excited. Or are we
getting a bit sick of this and we're going to
do something about it.

Speaker 18 (24:26):
It's getting now to the stage where it's just happened
so often that there really is going to be all
for one, one for all. Let's look, for example, you've
got Denmark's Justice minister saying, look, this is just like
think of nine to eleven. He's saying, we've got these
hybrid attacks happening all the time. This is our new reality.
Now you've got Swedish prime ministers saying, look, you know

(24:49):
they are probing us. You've just had the Polish Defense
minister saying that you've got to remember that a sovereign
nation has the right to keep it citizen safe, has
to protect its own sovereignty. And you just look at
the list of this hybrid warfare that's going on. You've
got information attacks, you've got drones, you've got arson attacks,

(25:09):
assassinations and of course pushing migrants to Europe from Belarus.
So everyone's starting to wake up a bit more than
this could be the reality.

Speaker 2 (25:17):
Yes, when's someone going to blow something out of the
sky and seen a proper message as opposed to having
a meeting.

Speaker 18 (25:23):
Well, you know, that's the big thing. This has been
what everyone's been saying, and we've been talking about a lot,
Mike the last couple of years. No one wants an escalation.
No one wants it to get to blowing a drone
other sky or blowing a meg out of sky. No
one wants that. But the reality is, and this is
what the German Defense Minister has been saying, and also

(25:44):
the just in the last couple of hours form ahead
of the UK Domestic Spy Agency saying we're already at war.
It's already happening. Wake up. And you've got countries like Finland,
Agan who are very used to having Russia at its doorstep.
They're saying, hold up your defenses, you know, set up
protocols for what to do. You've also got Ukraine saying, well,

(26:07):
we can help you build that if you like that
drone wall, but my this will take special radar equipment, censors,
and that's what They're going to discuss also over the
next couple of days, is why, knowing that Russia was
involved in this hybrid warfare for so long, why is
Europe taking so long?

Speaker 2 (26:25):
They're not bad questions, all right, Katherin go well, Catherine
Field out of France. This Tuesday morning, it's turned away
from seven.

Speaker 6 (26:30):
The mic Hosking Breakfast with Rainthrower news. Tom's dead by
Tony Butter. I don't know if it's Gaul or Genius.
He's drummed up a seven hundred million dollar plan. He's
going to run Gaza. He gets a war room, he
gets some elite bodyguards, he gets a police force to
oversee the strip. He's going to be chairman of the
Gaza International Transitional Authority, the guitter GIITA. He would rule

(26:51):
initially from nearby Elrish in Egypt. There would be policy
hubs in Amman and Cairo, scaling up to be fully
operational with this by three years. He would lead Gaza's
international diplomacy on the world stage. He would coordinate security
with Israeli Egypt in the US serve as the escalation
point on sensitive decisions. The German commands a strategic secretariat

(27:13):
of twenty five ads, anchoring a crisis war room for
rapid analysis, coordination, and messaging. He would have a new
Executive Protection Unit.

Speaker 2 (27:20):
The EPOO. The EPO would be politically balanced to reflect neutrality, professionalism,
and legitimacy. He would work in conjunction with a Palestinian
civil police force, international Stabilization Force, or coordinated through a
joint security Coordination Center. Just Witkoff likes it, apparently, as
does Kushner. So the new head, I mean, that's all

(27:42):
in the you know, but if they like it. It
seems to be unfolding at the White House. It looks
like Tony Blee is going to be running the Gaza
strip possibly by the end of the week five to seven.

Speaker 1 (27:52):
The inns and the ouse. It's the fiz with business
fiber take your business productivity to the next level of.

Speaker 2 (27:59):
A look at an industriallection in this very fine country
of ours.

Speaker 16 (28:02):
Have we had a lot?

Speaker 2 (28:03):
Seems like it. Nurses, senior doctors, teachers, the odd priest
chained to a door. Maybe that doesn't count. I don't
know anyway, the data so far this year we've had
twenty two work stoppages, which involves strikes and lockouts involved
just over eighteen thousand employees, sixteen thousand, one hundred and
forty two person days have worked lost and an estimate
of four point six million and lost wages. That adds
to forty seven work stoppages all of last year. So

(28:25):
add those together you get to sixty nine for the government.
Sixty nine so far for the government. What about under
labour through twenty three, Well, there were one hundred and thirteen,
so sixty nine verses one thirteen. Twenty three seemed to
be the worst. There were thirty six stoppages and twenty
three there were seventy thousand people, sixty nine thousand days
lost in fourteen point eight million dollars of wages. Back

(28:46):
in twenty two we had fifty seven stoppages, seven thousand,
seven hundred and twenty two people, but equating to three
hundred and two thousand, nine hundred and forty eight. Oh,
they're all numbers, so much numbers, numbers, Psycho babble. One
of the biggest strikes is coming that. I can tell
you this for nothing. They're planning the public service because
they're still angsty. Planning is underway for a sort of

(29:06):
almost a nationwide strike day for the public sector. October
twenty three, market and your calendar could be fun. There's
a ballot notice for the New Zealand Nurses Organization titled
Ballot for Joint Public Sector Strike. It states that rallies
will be held across the country where striking public sector
workers will stand shoulder to shoulder. When do we want
it now? Call on the government to invest in public services?

(29:29):
What a waste of time?

Speaker 11 (29:30):
That is goodness sake.

Speaker 2 (29:32):
Go to work and enjoy yourself. And if you don't
enjoy your work, quit and go get something you do
enjoy goodness sake. The earthquake business yesterday seemed to make
perfect sense to me, and I feel so pleased for
all the people, particularly in Wellington, but other parts of
the country. You're suddenly sitting in an apartment who were
told that they needed nineteen million dollars worth of remediation

(29:53):
on the place, and they went, guess what, I don't
have nineteen million dollars and I can't go borrow it
from the bank. The government seems to fix that, Thank
the good Lord Chris Pink as well as after the.

Speaker 1 (30:02):
News no fluff, just facts and fierce debate, the Mic
Hosking Breakfast with Vida, retirement, communities, Life your Way news
togsa'd be.

Speaker 2 (30:12):
It is seven past seven. Are just standing by the
White House. Well, who knows when they roll in. But
this press conference pending and it could well be a
big day on the Middle East, so we'll let you
know as soon as it happens. Now back home. Common
sense arrived yesterday. This in the form of the government's
reorganization of the earthquake building rules. Entire cities and regions
for goodness sake have been removed, timeframes for remediation have
been extended, and a shedloaded though eight billion plus is

(30:35):
being saved. Chris Pink is the Building Construction Minister and
as we us, good morning, moning Mite. Now you said
yesterday I watched your press conference live. You said it
was well intentioned and was it really? When you can
take something as large as Auckland out of it, how
well intentioned is a plan that broad.

Speaker 19 (30:50):
Well, soonly if you think about the tragedy that was
the loss of life and Canterbury earthquakes and a period
of time with everyone was wondering what that should be
going forward. I think really understandable that they wanted to
be risk averse, but The truth is we do still
need to maintain life safety to has the system, but
there are more nuanced ways we can do that. So
that's what we've learned in the intervening your game.

Speaker 2 (31:10):
How literally have you assessed risk under your new calculation?

Speaker 19 (31:16):
Well, it's impossible to be precise because obviously earthquakes are
difficult to predict one year to another. But we think
if we take a risk proportionate approach that asks first
of all, where are the parts in New Zealand that
it's least likely, And then you refine down to the
remaining areas, which is to say, not all closed Northland
at Chedham Islands, and then you ask what are the

(31:37):
most dangerous types of buildings and it gets to high
and construction methods, then you can start to make some
sensible changes. I think that hopefully people will regard its balance.

Speaker 2 (31:47):
What's the whole purpose of this? Is the purpose to
save some beautiful old buildings or just to rectify people's
lives who have had them shatter because they count afford
the build and can't get access to the money to
do it. Anyway, Yeah, it's a lot of the latter.

Speaker 19 (32:00):
The purpose of the earthquake prone building regime. We're really
clear it is to preserve life. So if it does that,
we keep it. If it doesn't, or we can say,
you know, it's a reasonable kind of approach to say
that we might be going beyond what's reasonable, then we
leave it. And look, that might mean that there are
some buildings that are damaged in an earthquake and people

(32:22):
simply need to pay for those going forward. Well, they've
got insurance options, but that's a different matter from the
government saying that people must bring them up to a
certain standard by a certain time, and of course the
consequence of that is when they can't, the buildings become
derelict and fall down.

Speaker 2 (32:37):
Anyway, Chris appreciated. Chris pink is the Building and Construction Minister.
Nine minutes past seven's keep your money. Some budget issues
at police. They've scrapped crime prevention funds for neighborhood support,
community patrols and burglary prevention develops. The books the mover
save seven point eight million dollars. So what's going on here.
Andrea Conlin is the police Police Chief Operating Officer and
as with us, Andrea, good morning, Good morning mate. Thevention

(33:00):
programs and their value for money. What's your assessment.

Speaker 8 (33:05):
So just to kind of clarify, the neighborhood support and
community watch programs have their funding is continuing. So the
funding and the other the burglary prevention areas for around
the seven million per annum is the area that has
been seized. This is you know, as part of kind
of the border reinvestment. We receive a lot of funding

(33:27):
through from government and part of that is seeking those
areas where we can find savings to reinvest into that
new funding. And this was the one area for budget
twenty five where the funding was we reinvested into the frontline.

Speaker 2 (33:42):
Accept what exactly is burglary prevention other than I mean
what did you do? Did you get a pamphlet, did
you have some people telling people not the burgle or
how did it work?

Speaker 19 (33:51):
Sure?

Speaker 8 (33:52):
Yeah, So these were sort of a specific small initiatives
that were run in some areas around the country. So
there were a smaller initiative in Palmerston North. There was
also a lot of light Lines of Sight was the
name of the initiative run in some other areas around
the country. So I guess see the areas in one
of these programs had actually already ceased as were identified

(34:14):
through the budget process. So they're kind of small initiatives. Overall,
as we've said, prevention is the key aspect of our
overall policing and a key aspect of all roles across
the organization. So this isn't about sort of overall reducing
our effort or our focus into prevention. It was around
these specific initiatives being identified as options for taking that

(34:38):
money and reinvesting it the other areas of funding we
did receive.

Speaker 2 (34:42):
So seven point eight million, I mean, I know it's
a lot of money for you and I but I
mean for the police budget, it sounds like money you
found in the back of the couch. I mean, these
are small programs.

Speaker 8 (34:50):
Yes they were, Yes, and you're right, I mean seven
million in the context of you know where we're sort
of around the five hundred million marks for our total
budget twenty.

Speaker 2 (35:01):
Five Okay, So just for clarification, because we might have
got this wrong. Neighborhood support, continuous community patrols continue. It's
the burglary prevention that's been cut.

Speaker 8 (35:09):
Yes, correct, Yeah, all right.

Speaker 2 (35:12):
Okay, appreciate it. Andrea, who got that wrong? Let's name
let's name some names here, Hey, who got that wrong?
I'm in an efficiency and professionalism drive at the moment,
thirteen minutes past seven pasking two hundred and twenty six
thousand dollars four hundred thousand miles COP twenty nine. Now,

(35:32):
I know you're excited about COP thirty coming up in
the mouth of the Amazon, but COP twenty nine, who
can forget in Baku as Abaujan. The only reason I
know where Baraku is it's where the F one was
the other weekend. Apart from that, it certainly didn't know
where COP twenty nine was. Taxpayer Union's got the money.
They're doing the good work for US Ministry of Foreign
Affairs and Trade, the Ministry of Primary Industries, Ministry, or
the environments at thirteen staff because of course you need

(35:54):
thirteen likely thirteen for the travel accommodation of meals, business
class flights. Is that fair enough? Seventeen thousand, three hundred
per person. I did the mass for you, seventeen thousand,
three hundred dollars per person. What did we get out
of it? That's the question is now, I don't mind
spending seventeen thousand, three hundred dollars per person if they
come back and go I tell you what happened here

(36:14):
abcdn E. There's the report, there are the gains, there
at the savings, and there's how the world is a
better place. Can we say any of that? I don't
think we can.

Speaker 11 (36:23):
Thirteen past.

Speaker 1 (36:25):
The Mike asking Breakfast Fall Show podcast on iHeartRadio powered
by News Talks at B.

Speaker 2 (36:32):
Good text time. Mike, what about the people have already
paid to and completed the earthquake upgrades? They get a refundell?
The answer is no, Rob, obviously, but it's a very
good point you make. It's like when you go to
Harvey Norman for the Rebel coffee machine, your pay six
hundred dollars, and then on the weekend it's for sale
for three ninety nine. You get the difference. Now you don't.
That's life. I'm afraid. Seventeen past seven annual insight into
our beloved wine industry? Where are we at? Tariffs? Have

(36:54):
seen US exports four three percent, so we do seven
hundred and sixty two million dollars worth of business with them.
Emerging market good news China forty seven is China on
emerging market? They say China's up forty seven percent. South
Korea is up ninety two, Around ninety percent of all
our wine still heads offshore. Philip Grigan is of course
the one gros ceo and as well as Philip, morning.

Speaker 16 (37:12):
To you, Good morning, Mike.

Speaker 2 (37:15):
Is China emerging? I would have thought it's emerged.

Speaker 16 (37:19):
While from a wine perspective, it's still in the emerging stage.
From a New Zealand wine perspective, certainly, we've been active
in that market for about ten years and we're really
just starting to see some very very positive signs over
the last twelve to eighty months about consumer uptape of
our wines, which is very pleasing.

Speaker 2 (37:39):
Good that South Korean number, I take it. It's off
a low base.

Speaker 16 (37:44):
Yes, it's gone from about twenty odd million up to
just under fifty million this year. It's a very similar
story to China, but again consumer driven love our fresh
wine styles really resonating with consumers.

Speaker 2 (38:02):
Reading the report. It's talking about varietals and all that
sort of stuff. Is it more than save blanc?

Speaker 16 (38:08):
It is that seventy on blancs the huge part of
what we do offshore. It's the wine that we're known for.
But pino noir, pino gree that are doing well, Chardonay,
so those other varieties are very important in telling a
story about what New Zealand, the New Zealand wine industry

(38:31):
can do, and it resonates with concerners.

Speaker 2 (38:34):
Let's talk headwinds, economies, do they play a part? And
what about health? In other words, people waking up and
we don't want to drink as much anymore.

Speaker 16 (38:41):
Well, we're certainly seeing change the change in demographics in
countries such as US, UK, Australia and New Zealand. Baby
boomers not drinking as much as they were. The flip
side of the coin, there are plenty of opportunities for
those newer markets which we've talked about China and South Korea.

(39:05):
But the change in drinking behaviors we have to in
places such as New Zealand. We've got to see us
an opportunity as well to reach out to consumers in
different ways and so that you know they continue to
be excited about New Zealand wine.

Speaker 2 (39:23):
Weird peak grape. I looked at the twenty five Vintage
Lovely Lovely season, all of that sort of stuff, but
a lot of fruit was left behind and I'm just
wondering if we're growing more than we can sell.

Speaker 16 (39:34):
We've got a surplace at the moment, but that was
really because the twenty five vintage was absolutely exceptional Bounties.
It was a huge crop. We could never have harvested
all the grapes that were out there, so it was
unsurprising that grapes were left behind on the vine this year.

(39:55):
But no, I don't think we're peak grape. There are
lots of market opportunities out there for our industry, and
once we get through this current supply demand situation we've
got at the moment, we will see vignyard's been planted
again and expansion in the vineyard area.

Speaker 2 (40:15):
I love to hear it, Philip go well, Philip Grigan,
who's the new z in A one gross CEO. Mike,
you're out of touch with regards on happy health workers.
We work right through the pandemic. While the rest of
the government had a two year paid work from home holiday.
We work extra hours every day that aren't recognized or
paid for. We're fed up, Lisa. I'm not out of touch.
I get it. I would argue this going on strike
achieves nothing and I'd rather be at work than beyond

(40:38):
strike two in terms of healthcare. As far as I
can work out globally, public healthcare is a cluster if
wherever you go, there's not a public service that I've
worked out in the world where people are going to
tell you what workload, fantastic ours, fantastic pay even better.
It's just the plight of public health unfortunately, and you're
in your job for a very long period of time.

(41:00):
If you don't truly love what you do, then you
might want to ask why you're doing it.

Speaker 1 (41:04):
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Speaker 2 (41:15):
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it is a powerful team for increasing your profitability. Pasking
details on what they're about to announce at the White

(42:19):
House in just a couple of moment sevent twenty four
in a move you could have seen coming from the
moment it was first announced, really, or if you couldn't
see it coming, you you were hoping it would come.
Auckland University has decided it's why Papa Tamatarrah course will
now be optional instead of compulsory. So for a generation
who've been appallingly let down over the COVID period by

(42:39):
the government and education decisions, the Auckland University desire to
force you into MARI courses seem not just ill advised
but cruel. Kids of the past half dozen years have
been soaked to the point of drowning in Mari issues
and doctrine in their schooling, and they are, I can
tell you sick of it. The Labour government's obsession with
race has had the opposite effect intended. It didn't caj

(43:00):
and encourage, It rammed and forced and overwhelmed us with condescending,
over lord type instruction. University is not about being told
what to learn. It was supposed to be the opposite,
and from our personal experience this year, it to appear
to us that the course was not even well run.
It was ill conceived, shonckly run by people barely qualified
to deliver a curriculum that seemed largely made up with
no real focus or discipline. Students hated it, They resented it.

(43:22):
They were dragged, kicking and screaming through it. Not just that,
but to add insult to injury, you had to pay
for it. They forced you into it, then sent you
a bill. As in all these areas of race, the
trick has always been that if you seek it, if
you want it, if you desire it, whether broader study
or specific language skills, it's freely available, fill your boots.
But the determination to square Peggott only ever led to

(43:44):
pushback and resent. The last thing I would have thought
universities wanted to do was put people off study. Once again,
from personal experience, we know people who not only avoided
Auckland University, but in fact it ended up studying offshore.
And none of this is a desirable outcome for the
country upside. When asked by the university, the feedback was
as you would have expected, and to their credit, I
guess they've at least read the room and backed off,

(44:06):
but not before another year, for thousands have been lost
in a whirlpool of woke enforced nonsense that never had
to be pascilido. What we have got Trump and Blair
will head the Gaza transitional government, so not only Blair's
in charge of but Trump's in charge of it. Twenty
point planned very similar to the twenty one point plan
that was released earlier on today Gaza becomes a deradicalized

(44:30):
terrorary zone. Now here's the key to all of this.
That's all fine. We don't know who's agreed to this,
of anyone, I mean obviously Netanya who has and I'm
assuming Katar has because Katar got wrung and they said
thank you for the apology. We accept it from Netanyahu
for bombing them the other day, and we don't know
whether it will be implemented. I mean what a Hamas
say about this. Gaza will be placed under the control

(44:52):
of a transitional government headed by Trump. So Trump's power
is an influence is expanding exponentially. Include seventy two hours
of Israel accepting the agreement, all hostages to be returned
dead in the life. In return, Palestinian prisoners held in
Israel will also be released. Then the White House says
her mass fighters will commit to peaceful coexistence and with

(45:14):
them being able to leave Gaza under safe passage if
they want so. The criticalst so that all that's about
to be announced. The critical part is does hum asked
buy into it? So history potentially is unfolding in front
of our eyes more shortly than news is next.

Speaker 1 (45:32):
Asking the questions others won't the mic asking breakfast with
range Rover leading by example, news togs head.

Speaker 2 (45:39):
Be well, it's unfolding, and the White House says, we speak,
do we have a deal? Make your own mind up.

Speaker 20 (45:44):
It means the immediate end to the war itself, not
just Gaza, it's the war itself under the Plan Arab
and Muslim countries have committed than in rating in many cases,
but actually would.

Speaker 2 (46:00):
Take their word for it.

Speaker 20 (46:01):
The people I mentioned that take their word for it
to demilitarize Gaza and that's quickly decommission the military capabilities
of HAMAS and all other terror organizations do that immediately.
And we're relying on the countries that I named and

(46:21):
others to deal with HAMAS. And I'm hearing that HAMAS
wants to get this done too, and that's a good thing.

Speaker 2 (46:33):
It continues and will summarize it shortly. I don't know
that dealing with the mass and they promise and will
take their word for it is the end of the war.
But let's see how fast twenty two minutes away from
our health check on our health sector back home this
with q two April through June, cancer pations starting treatment
within thirty one days. That's up two point eight percent.

(46:54):
Good emergency department wait times are better seventy three point
nine percent within six hours. That's top from seventy one
point two percent. Children fully immunized by up to eighty
two percent from seventy six point five, Simon Brown's Health minister,
and is wea us good morning, good morning mate? How
much are we messing with numbers here? Something's gone from
seventy two point or seventy one point two to seventy
three point nine. They're just numbers, aren't they. You can

(47:14):
message numbers to your blue in the face now.

Speaker 21 (47:17):
These are the health five health targets the government has set.
These are recorded and then validated to show the changes
over time. And what we're seeing here is over the
last twelve months we're seeing improvement against our health targets.
People waiting less time for elective surgeries, less time for
our first specialist appointments, Immunization rates are going up and

(47:39):
people being seen faster in emergency departments. So we are
seeing improvement against our health takes, which is a good thing,
but we also acknowledge it's a long way to go
to make sure that all New Zealanders are getting that
access to timely, quality healthcare that they need and deserve.

Speaker 2 (47:52):
There are averages because counties Maneicau and Auckland have gone
backwards in ed for example. Is that population is it
efficiency as a result?

Speaker 22 (48:00):
What is it all.

Speaker 21 (48:01):
Look, there wll be a number of factors. If you
look at the emergency department, one, there has been a
significant increase in the number of presentations, so a number
of people turning up to emergency departments. So clearly that
has an impact on the efficiency of those hospitals and
their emergency departments. We just last week announced some more
resource going into emergency departments because we acknowledge there's a

(48:23):
huge amount of pressure in those areas. On average, across
the country we are seeing improvement, but yes, there are
some districts which need additional investment and that's what we're doing.

Speaker 2 (48:32):
The shorter wait times. An elective is it as simple
as saying, go for cataracts, here's some money, do it.

Speaker 21 (48:37):
Well, it's a range of different different surgeries that are needed,
and so that's where our elective boost has played a
big part. That's been cataracts a big part of it.
That is a big part of the waitlist, but also
hip operations, the operations, earlier operations, the whole range of
different procedures that we've been working to deliver and reduce
those weight times. And so it's a range of procedures

(49:01):
and the good news is we're seeing fewer people waiting
and we're seeing the wait times reduced, so that's a
good thing, and that target we've seen improvements in every
single district across the country, so right across the country.
Some districts very significant increases other districts, but every district
has had an improvement, which I think is good news,

(49:21):
particularly for those people who are waiting in pain. That
makes a real difference to their lives.

Speaker 2 (49:25):
The Canton newses that purely pharmic money and pills.

Speaker 21 (49:29):
Well, it's more around making sure that people, once they've
been diagnosed, are getting their treatment in a timely fashion.
For the most people that's actually a surgery. For some
it's radiation therapy or chemotherapy, others it's other medicines. So
those medicines certainly assist, but it's about making sure that
there's a time the time between DIA diagnoses and being

(49:50):
treated is as less than thirty one days. That's the
target that we're seeking to achieve. Thankfully, that's one of
the targets which didn't really go backwards under the last government.
The other four did. That one actually stayed relatively stable,
which is good news. Those new thirty three cancer medicines
obviously provide more cancer treatments for more New Zealanders, which
is encouraging.

Speaker 2 (50:10):
That immunization number seems material seven points seventy six point
five to eighty two percent, and that goes against us
reading something in the States the other day they got
real issue about the tin hatters and the weirdo's and
the COVID and all that sort of stuff, and immunization
in general is going down. Why are we bucking the trend?

Speaker 21 (50:26):
Well, there's a huge amount of work going into improving
those immunization rates, where we're investing more money in immunizations.
We're working with primary care in particular, who play a
critically important role. I don't think we have some of
those same challenges that you might see over in the
States in terms of what we see here. There are
certainly some districts which need to have more emphasis put

(50:47):
in them to improve that rate even further. But by
and large, you know what we saw in in the
last six years, it went from around ninety percent of
two year olds being immunized down to under eighty percent.
That has had the single biggest provement in the last
twelve months of any of the health targets going from
seventy six point five percent to eighty two percent. Further

(51:07):
work to do, and there's a lot of emphasis across
a range of whether it's providers or primary care to
keep that improvement going.

Speaker 2 (51:14):
All right, appreciate your time. Siman Brown, the Health Minister,
whether it's this morning. The other numbers out from our
health department or not the health department, but the health
sector this morning is Southern Cross twenty four insurance companies
in this country. There are actually eighty four licensed insurers,
but they coalesce under twenty four different names, so there's
a lot of insurers in this country. The biggest one
is Southern Cross. Southern Cross alone handed out three point

(51:37):
eight million claims or paid out three point eight million
claims in the last year, which is up sixteen percent.
It paid out one point seven billion dollars, got nine
hundred and fifty one thousand, eight hundred and eight members,
which is down three thousand, point ninety three. So the
good news about that, although insurance is getting more expensive
and we've had a cost of living crisis, there are
still most of us, in some way, shape or form,

(51:57):
are medically insured. Business Return ninety four cents in claims
for every dollar paid and premiums. The ratio rises the
longer you've been a member. It's they're under this two
and a half thousand providers nationally. Here's my question for you,
and I thought about Yester. I had a family member
with a small procedure yesterday and it was that classic
example where the insurance cover didn't quite cover the actual

(52:18):
cost of the operation. So, in other words, it was
a couple of thousand dollars. Insurance have paid fifteen hundred dollars,
you pay five hundred dollars different something like that. Do
the people who perform the operations take the money from
the company and go, oh, I see you're paying fifteen
hundred dollars?

Speaker 7 (52:33):
Are you?

Speaker 2 (52:33):
So we'll make it? What will we make our procedure?
I know we'll make it eighteen hundred and fifty. Or
do they say it's eighteen hundred and fifty and then
Southern Cross come along ago we're only paying fifteen hundred.
How does that work? Another question for you, just how
long can this go on for when they're paying out
One single company is paying out three point eight million claims,
which is up sixteen percent. If things are going up

(52:55):
sixteen percent a year. How long before there are so
many millions of claims? Are many more millions than there
are actually the population? In other words, every single person
in this country is claiming on medical insurance every single year.
And how long can that remain affordable? Sixteen two.

Speaker 1 (53:14):
The vic Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks.

Speaker 2 (53:20):
It'd be well, the Southern Cross, My premiums might go
up every year, but the insurance company of the coverage
doesn't change. How does that work?

Speaker 7 (53:30):
Well?

Speaker 2 (53:30):
It works because that's business. The cost of doing business
goes up every year, and you either pay it or
you don't. Somebody else ca asks how many people are
covered by insurance in this country or Southern Cross health
insurance in this country. I gave you the number of
a moment ago. It's gone down slightly four hundred and
ninety three annually, so currently covered nine hundred and fifty one,

(53:51):
eight hundred and eight. Tony Blair is a good man.
According to Donald Trump, He's part of it. There are
other names going to This is growing by the minute.
So it's going to be called the Board of Peace,
this transitional body, the Board of Peace. Trump's on it,
Tony Blair. We're going to put leaders from other countries
on and leaders that are very distinguished. Leaders will have

(54:11):
a board, and one of the people that wants to
be on the board is the UK former Prome Minise
to Tony Blair, good Man, very good Man, and some others.
Obviously I'm quoting him here now. As regards the recognition
of the Palestinian State, several.

Speaker 20 (54:24):
Countries have foolish you recognized the Palestinian state. As you know,
some of our European friends, allies, good people, but they're
really I think doing that because they're very tired of
what's going on for so many decades.

Speaker 2 (54:40):
So we might be on the right side of this
after all. Ironically, the Abraham Accords, or is it the
Abrahama Courts.

Speaker 20 (54:47):
No president in history has been a greater friend of
the State of Israel than I have. In addition to
negotiating the Abraham Accords. I like to say that way
because the real people that where they call Abraham, I
would say Abraham, but in so much Nasa when you
say Abraham, so much more elegant. But the Abraham Accords

(55:12):
are amazing.

Speaker 2 (55:16):
You can't keep it serious for a minute. Kenny.

Speaker 16 (55:19):
So what we have.

Speaker 2 (55:20):
By the way, nittnya, who's not said a word. I've
got a book running. I said to Sam, I said,
let's do odds. Does he get to say anything before
eight o'clock this morning in New Zealand Times. Sam thinks
he's going to get him by five too. I think
Sam's going to be wrong. Seventy two hours of Israel
accepting the agreement, all the hostages will be returned, dead
or alive. Palestinian prisoners held in Israel will be released.

(55:41):
Human Hamas fighters will commit to peaceful coexistence. Now this
is where this thing gets a bit sticky in my
humble opinion. He's suggesting there's a whole bunch of countries,
including Middle Eastern countries, that will handle Hamas, including I'm
assuming Katar given Hamas's based guitar. So how they're handling

(56:02):
her mass and her Mass is suddenly going to put
down their weaponry and never have anything to do with
the new organization, I don't know. And he hasn't explained it.
Has he We don't have that detail yet, which some
people they've said that you know, they'll try and make it,
and he's taken their word so that that, to my
ear and eye so far is the critic, the critical

(56:24):
part that's missing beyond other than it'll work out okay.
So until we get both sides saying yes please, I
don't know what we've actually got nine minutes away from.

Speaker 1 (56:34):
It the Mike Hosking Breakfast with Bailey's Real Estate News
talks then be it's.

Speaker 2 (56:39):
Away from it. How about the New Zealand side in
the Australia Big Bash Cricket We've commissioned advice apparently as
Cricket Australia thinks about expansion in that particular competition, our
Super Smash Small in comparison, runs at a significant loss.
Scott Winnick as the New Zealand Cricket CEO and as
with a Scott morning to you, Mike, what chance this happens?

Speaker 22 (57:00):
We've been in talks of Cricket Australia for around about
twelve months about the potential of putting a men's and
women's team in the Big Bash. That's that's really just
one of a few options we have when looking at
our T twenty format in New Zealand. They keen, they
are keen, and the advice they received from BCG was

(57:24):
that that was the right thing to do. However, they
of course have have states that they need to convince
that it's the right thing. So I think they're going
through that process at the moment. But also, you know,
we'll need to you know, we'll need to see what
terms are and we'll also need to convince our major
associations and the players and the Players Association that it's.

Speaker 16 (57:43):
The right thing to do.

Speaker 2 (57:44):
Would this be done to exclude super Smash? Would Supersmash continue.

Speaker 7 (57:50):
This?

Speaker 22 (57:51):
I mean, this is not mutually exclusive from a privatization
of super Smash. It would be mutually exclusive if we
were to do anything else, such as another form of privatization,
but Super Smash would certainly continue in some form if
we were to put teams in the Big Bash, because
it's important to have a very very strong domestic competition
in New Zealand as well.

Speaker 2 (58:11):
Is the Big Basher Hit. I mean, do you look
at that and does it all add up as a
business proposition? You go, jeez, I've got to got to
get a slice of that.

Speaker 22 (58:20):
It's a very very powerful leave from a high performance perspective,
and certainly the second best after the i PL The
work that BCG had done with Cricket Australia is to
look how they really you know, build the Big Bash
into a very lucrative commercial model as well, and so
we would only be putting a team in the Big
Bash if it made sense commercially as well. There's something

(58:43):
to like about joining up Cricket Australia of course as well.
You know, we want to see cricket in Australasia as
a cricketing powerhouse, and so by joining ourselves Cricket Australia,
there's a lot to like about that as well.

Speaker 2 (58:55):
Okay, timeline.

Speaker 22 (58:59):
The I think probably twenty twenty eight has been Cricket
Australia is potentially looking at it, but as I say,
I have to emphsize that they still need to get
their stakeholders across the line and we'd need to get
our stakeholders across the line when considering that against against
some other good options.

Speaker 11 (59:16):
That we have.

Speaker 2 (59:16):
Okay, we'll stay in touch. Appreciated very much. Scott Winneck,
who's the New Zealand Cricket CEO. Sammy's arguing over the
terms of the bet NETNYA who's just started speaking. You
miss by a minute and a half according to me,
but Sammy says, I'm a flock but don't you won't
be that as it made by the way, if you registered,
if you haven't, News talks hev dot co dot in
zed Ford slash Visa. This is the Big Melbourne Excursion
business class tickets and a track experience and hospitality at

(59:39):
Race weekend Friday six, Saturday seven and Sunday eight in
March next year. You know what we're talking about. Another
three names coming in the next hour of the program.
You win five hundred dollars of your first one to
call through Andre and the draw for the big prize
this Friday week so that fun is still to come.
And also Cassie Henderson, if you're watching The Voice at
the moment, you'll know who she is. She's in for

(01:00:00):
a song and a chat very shortly as well.

Speaker 1 (01:00:03):
Opinion Edit, Informed, Unapologetic, the Mic Asking, Breakfast with Bailey's
real Estate covering all your real estate needs, News togs
Head be here.

Speaker 2 (01:00:12):
Is seven past eight now. If you're watching The Voice Australia,
you'll be following Cassie Henderson. Of course, she first head
television way back in The X Factor. This is eleveny
years ago debu single was twenty twenty. Then in twenty
three she quit the day job and decided music full
time was the way to go. Anyway, she is brought
the guitar and she's with us. Cassie Henderson joins.

Speaker 23 (01:00:30):
This morning, good morning, thank you for having.

Speaker 2 (01:00:32):
Me, not at all great pleasure. So we know you
currently on the X Factor. I don't want to dwell
on that on the voice rather than the expected, but
the voice is that completed and sorted, and can you
reveal something gripping as to as to what happened.

Speaker 3 (01:00:49):
I can't reveal too much. I can't talk about any
honey ed stuff. But we've just finished the Battles round
and I got through that, which means I'm onto the
next week's episode, which I'm very excited about. It's been
really cool to be able to watch the show with
my family and friends as if it was the first
time happening, even though I know what's coming.

Speaker 2 (01:01:08):
But what was the contrast to the expector?

Speaker 3 (01:01:13):
I think, to be honest, for me, it felt very
similar because I just like being on stage and it
was just that again. But I now tackle things like
this with a lot more, a lot more growth. Like,
I have worked at this my craft for a really
really long time. So when I step onto a stage,

(01:01:35):
that's after months and months of practicing. Is when I
was fourteen, it was probably after a couple weeks of
practicing the song.

Speaker 2 (01:01:41):
So as an experience, if you were looking for growth
and advice and you know, whatever, does that give it
to you?

Speaker 6 (01:01:51):
Yeah, I think it does.

Speaker 3 (01:01:52):
To be honest, like I it is, you were diving
into the deepest end of the poll. When you step
onto a stage like that, there's a huge amount of pressure. Sure,
these cameras, there's all sorts of people telling you to
do all sorts of things. So if you can manage
the nerves and manage the adrenaline, then you know that
you can probably take on most things.

Speaker 2 (01:02:11):
So what's it about for you? Is it about just
sheer exposure? I think.

Speaker 3 (01:02:17):
I think TV for me kind of feels like the handshake, right,
It's what happens before you get into the relationship and
bring people into my world of music, which is super
super important. But it was also just the biggest mountain
I could climb. It was the biggest opportunity for me
to grow and rise up and test myself.

Speaker 2 (01:02:39):
Really, so how many people are out there, I mean
that want to do what you are. I mean the are.

Speaker 23 (01:02:46):
Thousands, thousands, right, thousands.

Speaker 3 (01:02:48):
And I get messages a lot from young people in
New Zealand saying that I inspire them, which is always
a huge dream. But it's almost a little bit bittersweet
because I know how long I've been working at this
and I know how long I haven't had success for
and it's difficult. It's a really tough road. It's a
really tough gig. But it's always been my passion and

(01:03:09):
it's what I love most in the world.

Speaker 2 (01:03:11):
So it's no question because between the expector and the voice,
you've stepped away from music. Yes, why was that valuable
and do you have any regrets around that or was
that a learning experience?

Speaker 3 (01:03:24):
It's hard to have regrets on that because of where
I am right now. It was valuable in that I
got to live my life for four years. I got
to go to university, I got to have relationships and
do really normal kid staff. But I think as an
artist there's always time pressure on your age and old

(01:03:48):
you can be and be a pop star. So I
have moments where I'm like, I wish I wish I
got into this earlier, but I wouldn't be able to
write the songs I write today if I hadn't had that.

Speaker 2 (01:03:59):
So so you're better now than you were. Obviously an
age just help with that, but experience, I assume also
also helps with that.

Speaker 3 (01:04:06):
Yeah, and just taking it seriously, you know, like I
think when you're fourteen, you kind of you kind of
take everything on the nose and run with it, whereas
now I this is my job, you know, like this
is my passion and my love, but it's also my
job and it's much more than being on a stage
and writing songs. It's a business as well, and that's

(01:04:28):
always been, you know, not my favorite part of it, but.

Speaker 2 (01:04:31):
Well, it pays the bills. At the end of the day.
You've had a lot of radio exposure that your songs
have been played a lot on radio. Does that pay
the bills?

Speaker 11 (01:04:39):
Is radio?

Speaker 2 (01:04:40):
The key is streaming, the key is performing live in
front of a festival, the key?

Speaker 3 (01:04:44):
I think it's everything, and if you're not doing everything,
it's pretty hard to make a living off of this career.
Radio has been amazing and it's like in terms of
exposure around New Zealand, it's been amazing as well. But
I think you kind of have to spin all the
plates at the same time to get to where you
want to go and be really aligned in that growth.

Speaker 2 (01:05:04):
So what's the magic do you think? Out of the business?
The voice is a good example. So I saw your
battle with Jimmy. Now both of you seem to me
really good, thank you, But well, I mean, you know,
at the end of the day, what does the talent
naturally rise to the top or is there an element
of crap shoot slash luck in that.

Speaker 3 (01:05:26):
I think I have this theory about luck that you
can be the best singer in the room or the
best songwriter in the room, and if you don't have luck,
you're probably not going to rise to the top. Some
that's just I personally think the way the world works,
which is really unfortunate because then you get some incredible
singers and songwriters that we will never hear in the

(01:05:48):
public eye. So I'm really grateful because I have been
really lucky. But I do think you can't get luck
if you're not working hard out the other end. So
Jimma was a wonderful case because she is a brilliant
song songwriter and singer, and during that week we worked
our butts off and you could see that in her

(01:06:09):
as a nineteen and with.

Speaker 2 (01:06:11):
Some camaraderie or we hate each other.

Speaker 3 (01:06:13):
Massively, we're best mates. It was actually really really sweet.
At the end of that show, the end of the
song you can see us just laughing at each other because.

Speaker 2 (01:06:21):
We like, what the heck? Okay? So where's the music?

Speaker 19 (01:06:25):
Hat?

Speaker 2 (01:06:26):
What are we dropping? When's it dropping? How's it dropping?
What color? What color are we up to?

Speaker 3 (01:06:32):
Yep, so we've done pink and yellow so far. The
next EP is called the Blue Chapter, which is really exciting,
and there's a couple surprises sprinkled in there in the
middle as well. But still working on finalizing the Blue.

Speaker 2 (01:06:44):
Chapter at the moment.

Speaker 3 (01:06:45):
And obviously the voice is my priority right now, and
so you'll see more music from me very soon.

Speaker 2 (01:06:51):
You brought your guitar in, I did, and a spare guitar. Yes,
and it's not me playing. You brought it. I told
you word, Yeah, you've brought a person in with you.
So after the break, what what are we going to play?

Speaker 3 (01:07:03):
We're going to be playing one of my favorite songs
of my own, called Admit to That More.

Speaker 2 (01:07:07):
From Cassie Henderson shortly the Mike.

Speaker 1 (01:07:10):
Hosking Breakfast Full Show podcast on iHeartRadio powered by News.

Speaker 2 (01:07:15):
Talks It Be news Talks It b Are. Cassie Henderson's
with us along with Alex who joins us on the
guitar and your your little Martin guitar. You're because we'll
video this and people will see how little Martin. Now
what concerns me initially as you two have never done this,
what you're about to do? So as we as we entered,
the level of confidence is high.

Speaker 23 (01:07:35):
Yes, good faith and belief.

Speaker 2 (01:07:38):
That's really your need, faith and belief.

Speaker 23 (01:07:40):
All right, hit it, hit it, a fine comforting lot.

Speaker 24 (01:08:02):
Seeking shell toward the bar, sweet companionship to unres on
the mark with drinking the dark. I hear voices in

(01:08:23):
the silence, follow slowly striped bar sereal for convenience.

Speaker 4 (01:08:39):
They know, they know, they know.

Speaker 23 (01:08:41):
Falling apart. I know, I know, I know, fall part.

Speaker 25 (01:08:51):
Like Comma sciences on my death bed, searching for some
sort of your can't find a comic call that rids
made of nothing yours.

Speaker 23 (01:09:23):
Just like go to room main Holts stumbling around and
aunts and you.

Speaker 4 (01:09:36):
Looking for apvident.

Speaker 23 (01:09:39):
Understanding and you wont t a s past and present tense.

Speaker 24 (01:09:47):
What's the hiding in the pauses of your right.

Speaker 25 (01:09:53):
Like comic sciences, don't mind that bed searching.

Speaker 4 (01:09:58):
For some ut off cat can't find your can't.

Speaker 23 (01:10:09):
Make that fraids me not being yours.

Speaker 4 (01:10:16):
No I meds to that alimt.

Speaker 25 (01:10:18):
To that swaiting on my salvation he will the speed
of floor.

Speaker 4 (01:10:32):
Can't shame to find a vein saves me for nothing.

Speaker 2 (01:10:38):
You me you, I no, no.

Speaker 15 (01:11:13):
I I.

Speaker 26 (01:11:31):
Time Jacky sad it strangely dry joy short otay, don't
pay no exactly talk to short o.

Speaker 4 (01:11:49):
Day you watch me cracker you right.

Speaker 23 (01:11:53):
Will stay you listen by Jacky.

Speaker 26 (01:11:59):
Shame right down it mykeay good to say good love.

Speaker 4 (01:12:09):
Me, I love you anyway, I love you anyway, I

(01:12:30):
love you anyway.

Speaker 2 (01:12:38):
Well for people who have not done that before, that's
really good. So let's just do it one more time.
Just joking. Love lovely, so much lovely to see you.
Appreciate you coming and we'll catch up again. So appreciate
it very much. Thank you for having us great pleasure.
Cassie hend Us in Night twenty two.

Speaker 1 (01:12:54):
With the Mic Hosking Breakfast with a Vita, retirement, communities,
news talks.

Speaker 2 (01:12:59):
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retailer Today, Bosking. This essentially is how it works. If
a Hamas doesn't agree.

Speaker 7 (01:14:02):
But if Hamas rejects your plan, mister President, or if
they supposedly accepted and then then basically do everything to
counter it, then Israel will finish the job by itself.
This can be done the easy way or it can

(01:14:23):
be done the hard way, but it will be done.

Speaker 2 (01:14:28):
So essentially, what we've got today is a big spruk.
Because it's one thing to get NT Yahoo in the
room and say we've got a deal and name a
few Arab countries that might go along with it. It's
something completely different to think that Hamas is necessarily going
to go along with this morning Mike, Cassie Henderson, Wow,
Wow Wow, downloading all her music as we speak. Good feedback,

(01:14:51):
some more feedback and then we'll get to Britain and
Rod Little after the News, which is next Your News
Talks all in the Big Melbourne Prize names to be
drawn as well.

Speaker 1 (01:15:01):
You're Trusted Home for News, Sport, Entertainment, Opinion and Mike
The Mike Hosking Breakfast with Vida, Retirement, Communities, Life, Your Way,
News Talks.

Speaker 2 (01:15:13):
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Speaker 16 (01:16:00):
Good luck with that.

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Speaker 2 (01:16:10):
There we go, Ron a little morning mate, how are you.

Speaker 13 (01:16:14):
Good? And I'm Great's ray?

Speaker 2 (01:16:15):
How are you doing very well in do this business?
Of the Labor Party gathering. I want to come to
a poll I've seen with Andy Burner, who seems remarkably
popular at the moment, but Ms Mahmoud and the migrants
and how big an issue is this for the gathering
of the Labor Party. Do they feel they've got it
under any level of control and has what she's announced
going to make a job of difference.

Speaker 13 (01:16:37):
I think what she's announced isn't a bad idea. In
what she's saying is that is that anyone who comes
to Great Britain has to invest in the country, they
have to learn the language, they have to do something
for their local community, et cetera, et cetera. It's very
communitary and very good. I think that the left of

(01:16:59):
the Labor Party will hate it every bit as much
as it hates reform, because it is singling out a
certain group of people saying you have to buide by
these switchers, and certainly shabanahment Mood, who I think is
probably the most talented of the of the cabinet, which
perhaps isn't saying that much, but nonetheless has her finger

(01:17:21):
on the pulse a little bit. So I think it
plays well with the country, and it probably does just
dent a little of what Nigel Faras has been saying
for reform, but I don't think it plays well with
Starma's own party.

Speaker 2 (01:17:34):
What's your view? I was watching Starmer over the weekend,
he did the weekend chet shows, and he started hoing
into reform and they're racist and all that sort of stuff.
Your view on that old edage that that you don't
recognize your opposition because if you do your you're clearly
spooked by it.

Speaker 13 (01:17:53):
Yeah, I think that's absolutely right, Michael. And I think
it's even worse than that, because he's capable of saying
reform is racist two or three days after he said
exactly what Reformer said. You know, this is the problem
he has that he's at one moment standing up and
saying that we're an island of strangers, and the next

(01:18:15):
is saying that people who say we're an island of
strangers as a racist. I mean, there's a certain colloquial
schizophrenia about it, and I think it plays to the
fact that he doesn't know where he stands on the issue,
and the Labor Party doesn't stand nowhere it stands on
the issue, whereas reforms certainly do go where they stand

(01:18:37):
on the issue.

Speaker 2 (01:18:37):
Talk to me about did July dies? Because it's been
announced of a Saturday morning out time and you were
last on the program Thursday. How's that gone down? How's
it going to get rolled out? And how I mean,
where does it start?

Speaker 13 (01:18:51):
Yes, there have been there's been the usual furion. Indeed,
an online petition I don't know what it's up to now,
was one point three million when I last looked, saying
well this must have happened, this must not happen, and
miserable from the civil liberties points of view, And I've
read thousands of people saying that, you know, we are

(01:19:11):
not going to give up all our information to the government.
Trouble is they're saying it on Facebook and you know, TikTok,
so they've already given up all their information. And they've
given up all their information, you know, whether they get
a Tesco club card or whatever, or whatever store card
you want. So I think that objection is ohtos. There's

(01:19:34):
a rather stronger objection, which is partly on the civil
liberty side, from within the Labor Party. I've seen a
lot of Labor politicians saying why on earth are we
running with this now. It makes no sense. You know,
it doesn't appeal to any particular sect of the population.
We've kind of got a point. It's not something which

(01:19:55):
if you roll it out it's going to have people
say yeah, yeah, yeah, I can't wait for that. It's
not going to make anyone better off. So it is
a bit of a puzzle as to why he's doing it.
It certainly will not and no one believes this for
a minute have any effect whatsoever on the number of
asylum seekers coming in.

Speaker 2 (01:20:12):
No exactly. I'm reading the Sky News poll from within
the Labor Party, gathering seven hundred and four Labor members.
You Gubb did it sixty two percent, would Beck Burnham
over Sekia Starmer at twenty nine percent. How do you
run a party conference when the bloke who wasn't even
an MP is many times more popular than you are.

Speaker 13 (01:20:34):
Yeah, it's difficult. It's difficult. On the other hand, competent
and likable politician though Andy Burnham is I think he's
blown his chance. He's gone way too soon. He's been
very brazen about standing and I think you will probably
go down in history as a as a stalking horse

(01:20:56):
more than anything else, because you know there is no
easy week for him into Parliament, so he can't even
become an MP. And what's happened Sinicy made this statements
last week about how critical of kier Starma, quite nastily critical,
the labor governments rather coalesced around Sir Kiir Starmer and

(01:21:19):
stuff the boot into Andy Burnham. So I don't think
that in the medium to long term Andy Burnham is
an answer. The answer will be someone else. Gordon knows
who you only might go.

Speaker 2 (01:21:31):
Well, we'll see Thursday. I appreciate it very much. Rod Liddle,
who's actually I think in Holland this morning we might
touch base on that on Thursday. Sixty two percent for Burnham,
twenty nine percent for Starmer, Rainer, former butt Sect, Angela,
teen West Greeting, seven d Millerband who isn't even there
as far as I can tell anyway. Oh yes he

(01:21:52):
is in a bit Cooper on six percent. Those are
the numbers out this morning on the Sky poll. It
is that we're still going to keep back to old
Kessy and the feedback you loved. At seventeen to two.

Speaker 1 (01:22:02):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by news Talks b.

Speaker 2 (01:22:08):
Vaughn Makowski, well done, came in first this morning. In fact,
nose Lingham ironically met him since he was eight years old.
Karting met him, was going to pay his own way
to go to Melbourne. If he didn't go in the drawer, well,
you might have to pay your own way because you
might not win.

Speaker 16 (01:22:23):
Born.

Speaker 2 (01:22:24):
Don't like to tell you about you one up nine
back yourself though. If you haven't registered news Talks, so
Borne gets the five hundred dollars for the day and
you can go and register if you want news talks
ab dot co dot mz ford slash visa and we
will have three new names for you tomorrow. Yes, Cassie,
you're loving her. I'm not into pop music, Mike, but
this young lady's incredibly good. Mike fabulous. Sounds like Rachel Ziggler,

(01:22:46):
does it? Mike lover her lovely voice? But like Casey Chambers,
why does everybody sound like everybody?

Speaker 13 (01:22:51):
One?

Speaker 2 (01:22:51):
Come? You just sound like you? You sound like you
sound like Mike outstanding music. What a great talent? Wow,
what an incredible voice. Funnily enough, I note over the
weekend and I hadn't been pretty warned of it. But
the Swiss voted on ID cards. So if you think
it's controversial in Britain, it's just as controversial in Switzerland.
So the polls were wrong. That's the other interesting part

(01:23:12):
of the story. So the vote turned out over the weekend.
Fifty point four said yes, forty nine point six said no.
So that's one of those things that will be forever.
I'd say it's fifty to fifty. If you told me
to guess beforehand, I would have guessed fifty fifty ish. Anyway,
the polls were wrong because the polls had sixty percent
backing the digital IDs, and given it's controversial, I would

(01:23:32):
say it's that classic polling situation where what you say
in what you do and the quiet of a polling
booth are two completely different thing. Second vote on digital
IDs in that part of the world. Earlier proposal was
rejected back in twenty twenty one because they had concerns
about the data being held centrally and controlled largely by
private providers. Well, I ask you the simple question, what's
changed And if you were concerned about that the n

(01:23:54):
why aren't you concerned about that? Now here's a question
for you could be a story today. Dixon Street Apartment's
famous Wellington Dump used to be social housing until they
booted everybody out and said that even for social housing,
this is shocking. It's been sold for three million dollars.
Is that a problem?

Speaker 16 (01:24:10):
Yes, it is.

Speaker 2 (01:24:11):
One hundred and seventeen units are used for social housing
for eighty years until late twenty twenty two. Now the
act MP Cameron Luxton's onto this and he's raised questions
about the government agency, orang and Tomariki because they're the
ones who say are kyeing Or sorry? Kyeing Or has

(01:24:31):
sold it. Property had been offered to EWI and this
is where this is where the whole race thing is
a problem. Property had been offered to EWI as part
of a rite of first refusal process under their treaty settlement.
So Taranaki farn Now Limited bought it for a smidge
over a million bucks back in June. Fantastic, but he

(01:24:51):
all done at the time. Kyeing Or said comfortable with
the price and it reflected the unique value of the building.
Until it didn't. Just two weeks and six days after
the deal, it was sold again for two million more
paid a million sold it for three two million dollars?

(01:25:12):
Is that smart business? Or did somebody get ripped off
Dixon Reboot Limited along with Ian Castle's while then developer
they're part of the company, have bought it for three
million dollars. They've seen the value. Now, would they have
bought it for less if they'd had or gone to
an open market instead of write of first refusal? Yes?
By getting right of first refusal? Does somebody like kayeing

(01:25:34):
Aura have no idea what the thing's worth anyway? And
the locals come along go I'll give you a million
bucks and they go, oh, yeah, sounds good. Is that
how that works?

Speaker 7 (01:25:43):
Mean?

Speaker 2 (01:25:43):
As this is scandal, who's lost the money? It's the
tax power of course, who's lost the money? Ten away
from nine.

Speaker 6 (01:25:48):
The Mike Hosking Breakfast with rainthrow bun news togsa'd be now.

Speaker 2 (01:25:53):
Hearing aids have always been expensive, obviously, but not anymore
because this is the very very good news Resonate Health.
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even better value than Costco and specsavers, Predictable, affordable, and

(01:26:16):
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(01:26:37):
here we go eight hundred Resonate, which is eight hundred
and seven three seven sixty sixty two. And you can
speak with a Resonate hearing health expert. You can do
it all online if you like a Resonatehealth dot co
dot nz. That's Resonatehealth dot co dot Nz. Aask get
mean to say this for a couple of days, but
Charlie Munger, this is Berkshire Hathaway. Charlie Munger got into

(01:27:00):
byd as in the car company in China. I think
in two thousand and nine, and he saw something that
no one else did, and they have made a fortune.
And you said a couple of years ago, he said,
if you look at what Byd have been doing with
cars and what Tesla have been doing with cars, it's
embarrassing how good the Chinese are and how hopeless Elon is.

(01:27:21):
And he had the credibility to back it up. Anyway.
The other day they sold out completely. Now you ask
yourself they's exited, and I think officially they exited as
of yesterday. Now ask yourself for a visionary investor who
saw something before anyone else did and got in early,
why would they now be exiting a company that's only
just coming to fruition unless they're seeing something in the

(01:27:43):
Chinese eb market that involves a lot of companies going
in one direction, and that would be South five minutes
away from nine.

Speaker 1 (01:27:50):
Trending now with Chemist Warehouse at praised by it would
sale on now.

Speaker 2 (01:27:55):
Right, What do you make of what's happened here? So
Trump Netanya, who along with the katariim, he is what
we got.

Speaker 20 (01:28:01):
We had a great talk and I was on the
phone and Bibi was talking. Prime minist Arltani was of
Qatar was They really had a heart to heart conversation.
It was a great conversation. I thought it was productive.
It was everything that you need to have. Something turned
out to be successful. And I want to thank Bibi

(01:28:23):
and I want to thank the Prime Minister.

Speaker 2 (01:28:24):
That was fantastic. Basically said sorry for bombing them the
other day. Now Hamas and Gaza, so what do they get.
They get seventeen hundred to ten Gasans, including ten or
fifty life sentence prisoners, and obviously Israel pull out.

Speaker 20 (01:28:37):
Now it's time for Hamas to accept the terms of
the plan that we've put forward today. And again, this
is a different Hamas that we were dealing with because
I guess over twenty thousand have been killed, their leadership
has been killed three times over, So you're really dealing
with different people than we've been dealing with over the
last four years, five years.

Speaker 2 (01:28:59):
I'm wrong, But here's what happened today. This got overhyped,
This got immeasurably overhyped. This is a couple of guys
who were in cahoots anyway, and they've rounded up some
of the Middle East countries and they go, look, can
you can you? I mean, this is all Trump's dream
to make the you know, trump tobia and whatever the
hell you want to call it. And Tony's in charge
and Donald's in charge, and I'm not against any of this,
but there's just one critical ingredient that's missing today, and

(01:29:23):
that is the terrorists known as Hermas. And do you
think they were sitting there in the middle of guitar game?
What an excellent plan. Let's just drop the hate, drop
the weaponry, drop the campaign, and we'll just where are
the pens in the paper and we'll sign up to that. Now,
that was the bit that was missing. And the Hamas

(01:29:44):
officially say they haven't even seen the deal yet. Well,
I'm not surprised, and it will be little short of
a miracle if they agree to it and this thing
goes smoothly. As I say I have, I'm wrong. What
I do know is that I am back tomorrow morning
from Sexton Look Forward. The company had

Speaker 1 (01:30:01):
Readays for more from the mic Asking Breakfast, Listen live
to News Talks at b from six am weekdays, or
follow the podcast on iHeartRadio.

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