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November 3, 2025 89 mins

On the Mike Hosking Breakfast Full Show Podcast for Tuesday 4th of November, we've got good business news when it comes to lending and spending, as well as the building market

Erica Stanford is removing the requirement for school boards to "give effect" to Te Tiriti o Waitangi, saying it’s made no difference to kids' learning. 

F1 driver Liam Lawson joins for an exclusive chat about his future and his nerves heading into the end of the season with his job on the line.  

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

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Episode Transcript

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Speaker 1 (00:00):
You're trusted home for news, sports, entertainment, opinion and Mike
the Mic asking breakfast were the defender, embraced the impossible
news togs, Dad, be.

Speaker 2 (00:11):
Body and welcome today. More good news if you're looking
for Greenshirts, demand for money as our demand for building
houses is up. For the Education Minister getting rid of
school boards requirements around the treaty, Liam Lawson, and for
a word ahead of Interlagos this weekend at Catherine Field
is in France while little is in the UK. Ask
Kevin pass six. Welcome to the day. Now, this acc
Union work from home legal case is a good one

(00:33):
and it became even better after the Westpac dispute in
Australia last week. Now there are two bits to these
sort of cases. The specific as in the wat's in
a contract, what's the wording? What have you agreed to?
What haven't you agreed to? Then the morals, the big picture,
the team spirit, the attitude. Work from home is a
symptom of all that is wrong with productivity, and very

(00:53):
few do productivity. As Polly's This Country, COVID wrecked the workplace.
Basically it allowed for work from home to be invented,
not literally but generally for a period it was all
you could do. And from that moment a seed was planted,
and the seed was grown into a mindset. Over a
remarkably short period of time, the idea became a habit
became a right, became for some the norm, and not

(01:15):
just that. So entrenched did it become in the minds
of some that what was once not even an idea
became something to be outraged about it the specter of
an ending was even uttered, even though you had spent
the vast majority of your working life going to the office.
No one jumps on and get out of jail free
card quicker than a union.

Speaker 3 (01:31):
Now.

Speaker 2 (01:32):
I don't know what was or wasn't said at acc
but what I do know is work from home has
become a gargantuan pisstake. Don't get me wrong. I mean
save on the commute, the cost of parking, hopping out
a bus or hoping the buses on time, all that
stuff that makes sense from a selfish point of view.
The Australian case even had the woman moving miles from
town so she could drop her kid off at a
special school they'd selected. That said Westpac was the lifestyle choice,

(01:54):
which unquestionably it was, but tough luck, said the court.
The woman won. So maybe acc are on the hiding
to nothing. Let's see, but specific sociede work is a
quid pro quo and taking the mickey, which is what
work from home is now that you aren't locked down,
isn't a balanced relationship. It's a material shift born of
necessity and then abused.

Speaker 3 (02:16):
News of the world in ninety seconds.

Speaker 2 (02:18):
The matter they accused of the train stabbing in Britain's
been and court.

Speaker 4 (02:21):
He spoke very quietly to confirm his name, and when
was asked about his address he said no fixed abode.
For most of that brief hearing, he hung his head low,
looking down, looking at the floor.

Speaker 2 (02:35):
They released a video of the moment they took him
down down. The question, of course, is taking a train safe.

Speaker 5 (02:49):
One of the things that we're doing immediately is we
are increasing the visible patrols that people will see at stations,
because I do recognize that people need reassurance.

Speaker 2 (03:01):
Which allows the Tories, of course, to make it political.

Speaker 6 (03:03):
Top five percent of neighborhoods for crime, which often includes
train stations, represent a quarter of all crime, so intense
search policing in those areas is the first thing we need. Secondly,
we need to use more technology, things like life facial recognition.

Speaker 2 (03:18):
Also in Britain, the bloke who runs Ryan here isn't
looking forward to the budget and isn't a fan of
Rachel Reeves.

Speaker 7 (03:24):
Rachel Reeves hasn't a rashers how to deliver growth. And
until she starts recovering these insane taxes and stop trying
to tax wealth, the UK is doomed to continue. Economy
is doomed to continue to fail.

Speaker 2 (03:36):
And then on the fandom front, Election day tomorrow in
New York, Mendami most likely to when Trump is repeated
as threat to pull funds from the city if he does.

Speaker 6 (03:44):
Now, Donald Trump may speak as if it is his decision,
but this is money that this city is old.

Speaker 3 (03:51):
This is money that we will expect to collect.

Speaker 2 (03:54):
Finally, advice on toothbrushing from the intergroup who say, one
thing that turns out to be completely different from me
in hgis is in Britain, of course, NHS is twice
a day, morning and night. Dentist say, well, once is enough,
as long as you do it properly, and you've got
a floss as well. They recommend the evening. But if
you have to do it in the morning, do it
after breakfast, not before. Otherwise you can rush away the
enamel as News of the world, just do it twice

(04:15):
and save self chrodge News the world and twas in
ninety Chinese factory activity is still not good out of China.
I'm afraid to tell you new export orders. That's data.
Yesterday on October fell quickest pace. They fell at their
quickest pace ince May. Business confidence has slipped. That now
at its lowest level in six months as well. Eleven
past six.

Speaker 1 (04:34):
The mic Asking Breakfast Full Show podcast on iHeartRadio, How
if my News talks eppy.

Speaker 2 (04:42):
Today's fun Ai deal involving eyewatering amounts of money involves
our good friends at open Ai. They've signed a deal
with Amazon Web Services. They'll start accessing in videos graphics
processing units, one of open AI's biggest moves away from Microsoft.
That particular deal today involves thirty eight billion dollars. Fourteen
past from Suring Partners Tuesday morning.

Speaker 8 (05:06):
Had to tell her good morning, very good morning, Mike.

Speaker 4 (05:08):
We go.

Speaker 2 (05:09):
We got some life here, we got some hammer swinging.

Speaker 9 (05:11):
They have Actually this is building consents and I'm not
actually talking to a home builder's conference later on this week.
All the crowd, good folk at Navigation Homes, and I
think they can be cautiously optimistic about this number, and
I think home builders generally will welcome some good news,
won't they. Building consent data for September released yesterday by
Stats New Zealand. But building concents have actually been remarkably stable, Mike.

(05:34):
Since about mid late twenty twenty three. They've been sort
of sort of quite flatlining. And that's after having grown,
of course, very strongly from two thousand and ten eleven
right through to that crazy peak in twenty one twenty two.
But the last two and three months they're definitely starting
to lift. So you had three seven hundred and forty
seven new homes consented in September. That's the raw number

(05:57):
you apply the seasonal adjustments, and it's a seven point
two percent lift from August, which is strong, and it
follows a six point one percent lift from from a
previous month as well. So this is the highest number
of new homes consented in September.

Speaker 8 (06:10):
For a couple of years now.

Speaker 9 (06:11):
It's it's always a brave call, might to call a trend,
but I think we can make that tentative call Stats.

Speaker 8 (06:19):
New Zealand also published what.

Speaker 9 (06:20):
They called their trend numbers, and the trend numbers, as
I say, having been remarkably consistent in the last two months,
a definite uptick standalone houses one thy six hundred and one.
That's sixteen percent higher than last year, so there's big
lift there. And also multi unit consents they're actually up
thirty seven percent compared to last year. But you've got
to be careful with those because that by their very

(06:41):
nature they lumpy. Total consents cauter on quarter nine point
eight percent game. But year on year here's the more
telling stat because it removes some of that short term volatility.
It's up three point six percent year on year, and
that's led by those multi unit homes. So look, I
wouldn't pop the champagne yet, but signs are that things
are getting better. And just one final point on this moke.

(07:04):
We spoke a couple of times in the last two
or three weeks. It's about something stirring in Auckland. Auckland's stirring,
and I think that's really important in terms of looking
ahead to twenty twenty six Auckland up six point eight
percent year and a year, so better than the national average,
and Wellington's actually up eleven percent.

Speaker 8 (07:20):
I don't know what's gone on there, but both are
outstripping Canterbury.

Speaker 10 (07:23):
So what the heck?

Speaker 9 (07:25):
Non residential really just going side was at the moment.
We haven't seen the left there yet, but yeah, I
think that's good news.

Speaker 2 (07:30):
Yeah, it is good news. Prices are stirring in Australia.
There's no point leaving the country because you can't afford
to house in Sydney anymore.

Speaker 9 (07:35):
My gosh. So yeah, they're talking about what's happening here.
All good lead into really what's happening across the tasmum
because very fortunately they release building approval numbers yesterday as
well and some house price information. So building approvals in
Australia up twelve percent month a month. Gotta be careful
that they were very strong in Victoria, but that data
has been quite volatile. If you look at on a

(07:56):
quarterly basis, they're just up zero point one percent quarter on,
so we look a bit stronger on that basic But
the house price darter October Toatality Home Value Index up
five point six percent year on year, so their housing
market quite a bit stronger than our's here and it's
accelerating away again. If I, if I annualized the quarterly
number quite a bit higher than five point six percent,

(08:17):
looking at sort of almost probably a double digit run
rate on that basis. But yeah, the Capital cities Sydney
four percent, Melbourne three point three percent, These are annual numbers.
Adelaide six point seven percent. But here's the rock stars
Perth nine point four percent and Brisbane ten point eight percent.
So Brisbane clearly the hotspot. They got the Olympics up there,
they've got the good vibe up there in Queensland.

Speaker 8 (08:39):
But yesterday was quite interesting in terms of Oussie numbers.

Speaker 9 (08:42):
Might because those numbers are those price numbers released against
you know, you've got this backdrop of lifting inflation and
falling job ads. Yesterday, so they had a Melbourne Institute
inflation number and quite subdued household spending and only rows
zero point two percent, and that followed a downward revision
to August as well, so the volumes estimate on that
household spending was the lowest growth in the year.

Speaker 8 (09:03):
So really mixed signals from the Aussie economy.

Speaker 9 (09:06):
Mike they've got Melbourne Cup RBA today over there always
the chance of a bolt in the Melbourne Cup, but
no chance.

Speaker 8 (09:12):
I don't think of a bolt to RBA rate cut,
no change.

Speaker 2 (09:16):
Exactly what was going to be a change is no longer.
I think, now, what are the numbers?

Speaker 8 (09:21):
So right now?

Speaker 9 (09:22):
The val Jones sort of mixed signals from the US
markets that the US earning season contents on what is it,
day thirty four of shutdown tomorrow will be equaling the
record and no signs of any sort of bending on
either side there val Jones forty four hundred and six
down one hundred and fifty seven points as I look
at it, that is a third of a percent. The
S and P five hundred, though it is up eleven

(09:44):
points six eight five to one point one six percent,
and the Nasdaq up one hundred and fifty four points
points sixty five percent twenty three thousand, eight hundred and
seventy nine. The footso one hundred lost sixteen points over night,
ninety seven oh one, the Nicka Storming it's so strong
up one thousand and eighty five points two point one
two percent, fifty two thoy four hundred and eleven Shanghai

(10:07):
composite up just over half percent thirty nine seven six.
The OSSI's yesterday gained point one five percent, that is
thirteen points eight eight nine four, and we gained just
a small gain of the Interets fifty. Although I was
looking like on the last eleven training sessions, the Intertex
fifty is up in ten of those sessions, so that's
quite good. Key we dollar though it is not up

(10:30):
point five seven oh seven against the US, so weakening
off there against the Ossie point eight seven three to two.
It's ugly point four nine four nine against the Euro
point four to three.

Speaker 8 (10:42):
Four ozho pounds eighty.

Speaker 9 (10:44):
Seven point ninety six jepany end of gold hovering around
four thousand, four thousand and seven, a break thrid sixty
five dollars and seventeen cent.

Speaker 2 (10:51):
No, we'll make we catch up tomorrow. Andrew Kelleher Sure
and Partners tasking. Farm Land's got a good story to tell.
Anyone in the rural sector at the moment has got
to be doing reasonably well. So farmlands are back in black.
They did have a lost last year of a bit
over nine million in the back to the tune of
just a bit under three million in profit turnover of
two point five five is a bit of a turnaround story. Anyway.

(11:11):
They're riding the wave and long may it last. Six
twenty News Talks v B.

Speaker 1 (11:22):
The Vic Hosking Breakfast Full Show podcast on iHeartRadio powered
by the News Talks B.

Speaker 2 (11:28):
A very good question, Mike, will people working from home
get charged to CGT under labor? Somebody at last got
to the bottom of the CGT question I've been asking
for the last week. So more on that later. Good
news from me in New Zealand, christ Drara Tonga. That's
the thing as of next year, and this is part
of the whole South Island thing. The services are big

(11:50):
demand in that particular part of the world. In the
South Island generally people have got money, people are feeling
good and so in New Zealand are putting on another services.
Time to Rara Tong is so clearly they've got the planes,
which is always encourage as far as I can work
out other things to watch closely. If you're into your
Australian politics, The Nationals over the weekend touch you about this.
Yesterday the Nationals over the weekend voted, so you've got
your coalition so you've got the Libs, got the Nationals.

(12:12):
The Nationals over the weekend, who are the country Party?
They said, we're out of this net fifty forget it,
twenty to fifty Paris pledge done dusted, it's no longer part.
We're going to the campaign, not campaigning on that. The
pressure is now on Susan Lee and the Libs, who
are sort of the city Conservatives if you like to
do something similar. She is in such dire straits in

(12:34):
terms of leadership and polling, and they had that shocking
poll out yesterday that not only is she in the
gun for a leadership, she's now under tremendous pressure for
them to dump the policy as well. So in other words,
the whole coalition no longer campaigns on climate change. And
once again this bloke Andrew hasties back. If she doesn't
do something about it, he's going to have a crack
at the leadership and the whole thing's going to implode.

(12:54):
So watch where this goes over the next couple of days.

Speaker 1 (12:57):
Six twenty five trending now chemist Wells keeping Kiwi's healthy
all year.

Speaker 2 (13:03):
And here's the other thing you want to watch if
you haven't already the Donalds turned up on sixty minutes
over the weekend, sixty minutes us. The interview was actually
ninety minutes, but you know the Dawn and editing and CBS. Anyway,
nuclear testing, they covered that. China, he says, his testing,
but the public don't know about it. Talked about the shutdown,
talked about the National Guard. Also one of his pardons
for this crypto billionaire, this Chang Ping Jao known as CZ.

(13:26):
He pled guilty to money laundering and post partners ties
to Trump's sons and crypto venture a bit of an issue.

Speaker 11 (13:31):
The government at the time said that CZ had caused
significant harm to US national security, essentially by allowing terrorist
groups like Hamas to move millions of dollars around. Why
did you pardon him?

Speaker 12 (13:43):
Okay, are you ready?

Speaker 3 (13:44):
I don't know who he is.

Speaker 12 (13:45):
I know he got a four month sentence or something
like that, and I heard it as a Biden witch hunt.

Speaker 11 (13:51):
In twenty twenty five, his crypto exchange binance helped facilitate
a two billion dollar purchase of World Liberty Financials stable coin,
and then you pardoned c Z. How do you address
the appearance of pay for play?

Speaker 13 (14:06):
Well, here's the thing.

Speaker 12 (14:07):
I know nothing about it because I'm too busy doing
the other I can only tell you that my sons
are into it. I'm glad they are because it's probably
a great industry crypto.

Speaker 8 (14:17):
I think it's good.

Speaker 12 (14:17):
You know, they're running a business and in government.

Speaker 2 (14:20):
The businesses Wild Liberty Financial. They've denied any influence in
the part in the full interview as well with watching
it seventy three minutes long. That was what was recorded,
twenty eight minutes, got to where full version is online,
et cetera, et cetera. Indeed, it's not cut because last
time they tried to cut stuff there was a lawsuit
in CBS Aquies. The other CBS News, by the way,
is Gail King, who does the morning show. They've got

(14:42):
a couple of new people in at CBS, and they've
had you know, free to wear television shot to pieces
these days, so they've got a couple of new people
in and Gail King, whose oprahs ol Mate of course,
is apparently for the chop in the next couple of days.
If you want a bit of American telegossip for you,
Liam Lawson looking forward to the catch up ahead of
Interlagos this week again he is with us after eight
o'clock meantime. The news is next to your news talk set.

Speaker 1 (15:04):
Beat, the newsmakers and the personalities, the big names talk
to Mike the mic Hosking Breakfast with Bailey's real Estate
doing real estate differently since nineteen seventy three news talks
had been.

Speaker 2 (15:18):
Interesting developments in the louver hest It turns out to
be petty criminals, not organized crime as they initially suspected.
But Catsin's got the update for a shortly meantime back
here at twenty three to seven, call this morning to
go bolder and bigger on our cybersecurity crime issues. We've
got a number of syndicates apparently out of Southeast Asia
targeting us. The bill is one point six billion dollars
a year. We need. They claim to follow Australia in

(15:39):
the UK with laws that forced banks, telcos and social
media companies to block fraud. Gabby Lewis's criminologist and head
of fraud and financial crime at swift Ex and as
with us, Gabby morning.

Speaker 14 (15:49):
Good morning mate.

Speaker 2 (15:50):
Are things worse or not?

Speaker 14 (15:54):
Yes, more needs to be done to protect New Zealanders
from these organized crime syndicates that are operating out of
Southeast Asia. They're generating millions in illicit profits each week.

Speaker 2 (16:03):
When you say crime, what do you mean crime or
is it just scams?

Speaker 14 (16:07):
Cybercrime? So essentially, what these organized criminal syndicates are doing
is they're actually trafficking humans in these big kind of
compounds within Southeast Asia. So they're victims themselves, and they're
targeting not one country but all countries. And that's for
different sorts of scams that are going around each and

(16:28):
every day.

Speaker 2 (16:29):
So just explain that to me. I mean when you
say they're humans in what way?

Speaker 14 (16:33):
So essentially they offer for these victims to come and
work out of their compounds and it's kind of like
it or tech jobs. And essentially once they enter those compounds,
they can't leave. They're trapped. You know, They've been giving
KPIs to scam people out of millions of dollars each week,
and if they don't hit those targets, then they actually

(16:55):
do get punished themselves.

Speaker 2 (16:57):
And whose jurisdiction does that particular activity fall.

Speaker 14 (17:02):
It's so the activity is operating out of Southeast Asia, however,
it's targeting every single jurisdiction.

Speaker 2 (17:08):
Yeah, But what I'm saying is so I mean in
New Zealand you could be blunt and goble. I don't
care what they're doing. And you know Vietnam or Cambodia.
Is it Cambodia's problem to sort that side of the
equation out before it becomes our problem when we get scammed.

Speaker 14 (17:22):
No, absolutely not. You know, we need to tighten things
on our side before we become a large target. As
I mentioned, no jurisdiction is safe. We need the government
essentially to start to work together. You know, Australia and
New Zealand for example, they can join alliance. We need
to run nationwide anti skan campaigns with you know, things
like a simple message something like slow down, look around,

(17:44):
shut it down. It needs to be everywhere, from banks
to telcos to social media, similar to the old slop
slap sun safety campaigns.

Speaker 2 (17:53):
Do you think we care or not? I mean, it's
one of those things that until it hits you, you
don't really mind.

Speaker 14 (17:58):
You Yes, there is a level of care. We are cautious,
but we're too slow at this stage. The scammers don't wait.
We need to act now before we become the next
hot spot.

Speaker 2 (18:09):
Is this a phishing type exercise where they just machine
gun you with. You know, they just try ten thousand people,
do they find one?

Speaker 14 (18:16):
Absolutely? You know, even if they can get one out
of ten thousand, they're profitable.

Speaker 2 (18:21):
And the laws that have been passed in places like
Australia in the UK, what do they do and do
they work?

Speaker 14 (18:27):
So the laws that are in the UK and one
that's coming into Australia is essentially it's going to have
that more shared responsibility and it's going to start holding
organizations accountable, which will start to make companies do a
bit more. And essentially what it's doing is it's setting
the minimum standard. So you know, it won't completely mitigate

(18:48):
scam losses. However, it will start to set those minimum standards.
So for example, with social media, you know there will
need to be a vetting process to get your ad
up on Facebook.

Speaker 2 (19:00):
Interesting. I will see whatere it goes. Gabby appreciate it
very much. Gabby Lewis, who's criminologist hit a fraud and
finance crime at to Swift Dix. We had one yesterday.
Funnily enough, Coadie's got on her phone there's a new
app with the bank and we had been dealing with yen.
Someone was trying to make a payment of thousands and
thousands of yen Japanese yen. But we stepped it out
until I transferred there. I said, I wonder how much

(19:21):
yen that is? Turned out to be one hundred and
eighty seven dollars, so we so.

Speaker 15 (19:24):
That point you slowed down.

Speaker 2 (19:26):
We were I don't know what was going on. I said,
how do you get that app thing on your phone?
And anyway? So I'm just completely oblivious to it all.

Speaker 1 (19:35):
Nineteen two The Mic Hosking Breakfast Full Show podcast on
iHeartRadio powered by News.

Speaker 3 (19:41):
Talks e B.

Speaker 2 (19:43):
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(20:04):
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Tees and sees apply raighten bet responsibly, Husky, Mike, You're
absolutely spot on. Our CEO made a huge effort to

(20:26):
cure of the work from home entitlement to our business,
but the unions have challenged it every step of the way.
The unions don't seem to consider the impact to company results. Mike,
you should try working nine to five, commuting in peakr traffic,
paying for parking and fuel, and you might be able
to critique without sounding like you do. That is the
point of the opening comments in the show. You realize
five six years ago, that's what everybody did without thinking

(20:47):
about it. We did commute, we did park, we did
pay for petrol. COVID changed it now all of a
sudden that it was never to be apparently six forty.

Speaker 1 (20:55):
Five International Correspondence with Ends and Eye Insurance.

Speaker 3 (20:59):
Peace of Mind, New Zealand Business.

Speaker 2 (21:01):
How are you I'm fine, thank you. Make now the
sixth doll of the Sheen Thing, Sheen Shine, how is it?
Do you know that the six dole thing only appears
to be a thing in France? How did that happen?

Speaker 16 (21:17):
Who knows? Mike, who knows? But it really could not
have come at a worse time for Sheen. This sort
of huge e commerce online retailer was due on Wednesday.
What is due on Wednesday to open its first physical store.
It's going to be in central Paris, the heart of Paris,

(21:37):
right opposite Paristown Hall. So it was already you know,
giving a lot of publicity here because there's been a
lot of questions about it's the way it operates, not
just the working conditions, but also the environmental impact of
this fast fashion that creates. So yeah, Over the weekend

(21:58):
it emerged that in front Rance this Shine was selling
childlike sex dolls. Now we've seen pictures of them. It's
a dole around the size of a one year old girl.
This girl is clutching a teddy bear and there was
also some sexually explicit captions to this advertisement. Now, consumer

(22:20):
watchdog went crazy said it's against the law. You cannot
sell child porn pornography. You can't sell sex dolls online
in France, and now we've got the finance minister who
has said that if this happens again then the company
will be banned from France. I mean it seems big, Mike.
But here's the thing. France has already find this company

(22:43):
three times in twenty twenty five. It's been a total
of three hundred and eighty million New Zealand dollars in
fines failing to comply with online cookie legislation, false advertising
and misleading information, and not declare presence of plastic microbes
and some Vick's products. So already was looking bad. Wasn't

(23:05):
going to be an easy opening. The other point, Mike,
I don't know if you have ever been in Paris
around Christmas time. One of the big things about Christmas
and the stores at Central Paris are their Christmas window displays. Well,
Disney was meant to do the window display for the
shop where she was going to be having, or is

(23:26):
supposed to have its store opened this Wednesday. Disney pulled
out and said it would have nothing to do with
this company. So what looked as though was going to
be a sort of easy entrance into the retail side
for this company now looks as though it's actually going
to have a few difficult weeks ahead of it.

Speaker 2 (23:43):
Right the loave the petty criminal thing fascinates me because
that is quite something to ride your truck up to
the window and do what they did. I mean, just
reeks of organized crime and yet apparently.

Speaker 16 (23:55):
Not so it did reagive it. But what of course,
the Paris prosecutors saying that changes it from your organized
crime to a group of petty criminals is what they
left behind the clues. Apparently they left behind a lot
of DNA. When they opened up those cabinets inside the lob,

(24:16):
a lot of DNA was left behind there. They left
behind tools. They don't forget, Mike. They dropped that famous
crown and Presugenie's crown, They dropped that DNA all over that.
They dropped a scooter helmet that had DNA on that
as well. All sorts of DNA were left behind. And

(24:36):
it's only because, according to the prosecutor, so many of
the actual people who carried out this raid they had
criminal records, so parents police had their DNA on part,
which is why they were able to go and get them.
So what they're saying is your organized crime group would
not have made these simple mistakes that these guys made.

Speaker 2 (24:58):
What's the bigger deal they've got them. They'll stick them
in court, presumably they'll get stuck in jail or actually
finding what they nicked.

Speaker 16 (25:08):
Well, they'll be in jail for a while because this
will take a long and having to get to court.
But they really do want to get the jewels back,
the crown jewels back. The thing is, Mike, you know,
so many French people didn't even realize they had these
crowd jewels, so now everyone wants to see them again.
But you know, think back to that Kim Kardashian robbery

(25:28):
during Paris Fashion Week. They never found those jewels, No,
they didn't, all right, Catherine ketch Up soon appreciate it
very much, Catherine Field and France.

Speaker 2 (25:35):
Just by the way, in that part of the world,
in the Netherlands, this next Perier thing is increasingly fascinating.
Next Perier is a Chinese company that the Dutch government
took over a couple of weeks ago. Told you about
it on the show at the time. What they do
is they make chips, not the nvidiotype chips, but the
chips that make your car seat go warm or move anyway.
There's a massive supply chain issue. So then got angsty

(25:59):
between the US Wingtech, which is the Chinese company. They're
the ones who owned the next Perrier, and the Dutch government.
So the car manufacturers all over the world as we
speak are freaking out. Supply chain hangs in the balance
threatens vehicle production all over the world. Now, the Chinese
in the last twenty four hours of going, oh, we'll
loosen things up, don't worry about it. But there's nothing

(26:21):
more than that. So watch this space.

Speaker 3 (26:23):
Are we going to have cold bums?

Speaker 2 (26:25):
Well that was then, don't you forget. You remember during
COVID when all the car factories stopped, they started pulling
out cars all of a sudden that said you can
have a seat heater, but you can't and so people
book you had to pay a subscription exactly. Yeah, So anyway,
watch this space to see where it goes. Nine away
from seven.

Speaker 1 (26:41):
The make Hosking breakfast with the Defender and use TOGSADB Now.

Speaker 2 (26:45):
God bless Radio New Zealand. I don't say that very often,
but they finally got to the bottom of the problem.
I asked. The day that the CGT was announced by
the Labor Party, we rang Hepkins office and Hipkin's office said,
because the big question was this post July twenty seventh thing,
how are you going to value property? This so called profit?
They said, quote unquote its valuation day. They invented it
its valuation day. What the hell that meant? Anyway? Then

(27:07):
they referred to the working group, the Tax Working Group,
which was another thing, but they didn't give any details
around the Tax Working Group. I mean, what exactly in
the Tax Working Group are we going to look at
to see to work out what our property is worth
in July of twenty seven, so we can when we
go to sell the property, work out what the profit
is if there is a profit, and there for what

(27:28):
the tax is. Well, it turns out we're not going
to be told until after the election.

Speaker 8 (27:33):
Didn't you know?

Speaker 2 (27:34):
This was the sneaky sort of low rent, back handed
nonsense that the Labor Party would be into. So Barbara Edmonds,
future Finance Minister, party would follow the Tax Working Group's
recommendation to get the right balance between accuracy and simplicity
for taxpayers. That doesn't even mean anything and she confer
many of the details would be ironed out. The details

(27:56):
would be ironed out after the election. So if you
vote for that sucked in good five to seven.

Speaker 3 (28:04):
Well, the ins and the outs, it's the fizz with
business paper. Take your business productivity to the next left.

Speaker 2 (28:11):
Tell you what. The EV market is going gangbusters in
America at the moment. The incentives ended, of course in September.
So what's oh, sorry, my apologies. The markets collapsed darted
this morning from Ford. They were third in US EV sales,
which really doesn't mean you think, because very few evs
were sold, whether you were first, second, or third. Anyway,
they've seen just the twenty five percent drop on year

(28:32):
on year sales in October. The Mustan three fell twelve percent.
The F one fifty Lightning, which was a mistake right
from the start. I mean, if you're gonna build an
F one fifty, build a proper one with a massive
V eight only way to go anyway, the electric version
of that seventeen percent down. Kia Top EV models felled
fifty two percent. Uh Hundi though Hundai just down seventy

(28:59):
one percent compared with last year. The Ionique five, it's
down eighty percent. The Ionic nine is down seventy one percent.
So of course everyone's sort of front loaded and said, oh,
the you know subsidy is going to win, so I
go buy my Ionique one, two, three, four, five, six, seven,
eight nine before the subsidy was gone, and then when
it's gone now as buying Ionic anything so or if

(29:19):
one fifty anythings. They're just buying cars with big engines
because petrol in that particular part of the world is
relatively inexpensive. Got some very good news on the economy
for you. So we've got demand for money is up.
People into the mortgage markets. Our first time buyers are
very active at the moment, so new numbers on the
credit market if you like. We also have the building
consent numbers. We are starting to build again, so that

(29:41):
is good. So we'll cover that in the next half hour.
Then Liam Lawson is in for a catch up after
eight o'clock on the mic Hosking Breakfast.

Speaker 3 (29:50):
Credible, Compelling, the breakfast show You count Bess.

Speaker 1 (29:53):
It's the mic Hosking Breakfast with a Veta, Retirement, Communities,
Life Your Way News.

Speaker 2 (29:59):
Togs Head b past seven. Well it's only Tuesday. The
housing market getting good press already yesterday. Some decent price
numbers are today. New data on mortgage lending up twenty
one percent a year on year. Credit demand has risen
over five percent, arrears of falling a business, credit demands
up three and a half percent. Hospit leading the way there.
Keith McLaughlin, Centric's managing director, Keith Morning, Good morning, Mike, Hey,

(30:19):
are we in summer? Are there shoots all around us?
Is the light at the end of the tunnel? Have
we arrived on the promised land? Keith Well, Sidney.

Speaker 13 (30:27):
The trend is very, very favorable, Mike. I think the
fact that consumer confidence is rising. That's evidenced by the
fact that consumers are confident now to go out and
buy our money to buy goods. We've seen a growing
trend as far as that's concerned. And also the fact
that consumer areas are falling away. I think there's a
sign that households continue to manage their budgets for very effectively.

Speaker 2 (30:49):
Some people text me every time these numbers come out
and go credit demand is not good. That's a sign
that people aren't coping and they need more money. Is
that true or not?

Speaker 13 (30:57):
No, I don't think it is it's a sign that
people have confidence. I Uwies generally don't borrow money or
buy things unless they know they can afford to repay it.
Q is a pretty genuine as far as it's concerned.
And the fact that they can now go out and
put money down on a house or or buy a
household items with the confidence they are going to retain
their job and have the ability to repay it, that

(31:17):
certainly stimulates the economy, and small to medium sized businesses
certainly need their stimulation at the.

Speaker 2 (31:22):
Moment they do. Indeed, what do you make I mean,
I don't know if you've got a view, but the numbers,
the confidence numbers that came out last Friday were still doer.
And yet when you look at the facts where something different.
How do you explain that?

Speaker 13 (31:36):
Well, I think when you look at the consumer market,
I think for a period of time now that's been
trending upwards and looking quite confident. The real concern that
that I think is out there at the moment is
small to medium sized businesses and the number of liquidations
that are out there at the moment. I mean, unfortunately
it's not that high, but it certainly is trendy high.
And I think it's going to continue for some time.
And it's that uncertainty around the business sector that creates

(31:59):
the concern.

Speaker 2 (32:00):
Have we got competition among the banks? Are they keen
to get money out there if we're keen to borrow it?

Speaker 13 (32:05):
Oh? Yes, I believe so. I think the thanks you know,
they're fighting for market share, and they don't thin there's
a lott of love loss between them as far as
competition is concerned.

Speaker 17 (32:13):
Yeah.

Speaker 2 (32:14):
Are the first home buyers active? As that mortgage money
going to first home buyers.

Speaker 13 (32:19):
It's a combination of both first home buyers and also
refinancing a bit irrespective of which one of those two
it is. I mean first home buyers, yes, good to
see it and get in and get reasonable rates for
their mortgages. But even people moving from one leander to another,
this means that are coming in at lower rates than
there were previously, which puts more money back into their
budgets and therefore, hopefully they'll spend it in the local market.

Speaker 2 (32:42):
On a vibe thing, here is where I'm at. I
think this is real. I think it's turned, it's on,
and I think next year it could go quite quickly
in a positive direction. Would you disagree with me vehemently.

Speaker 13 (32:53):
No, I would not disagree with you. I think we
were the numbers that we're through at the moment. The
numbers we're seeing certain support the fact that we are
sitting strongly trending in the right direction.

Speaker 2 (33:02):
Good stuff, Keith. Always a pleasure to have you on
the program. Keith McLoughlin, Centric's managing directed to him in
it's past seven. We're not done with housing yet either.
Building consents have risen three months straight September up seven
percent on August twenty seven percent higher than a year ago.
September also saw the highest number of new homes consented
in more than two years. Malcolm Fleming is the New
Zealand Cervid builder's CEO, and he's with there's Malcolm morning,

(33:24):
good morning. You're seeing and feeling it.

Speaker 17 (33:27):
Yes, we're seeing a trend, which is most welcome news.
We're seeing it on the ground as well. I'm hearing
from members that are starting against greater levels of inquiry.
Projects that have been sitting on the back BURNI for
a little while. We're starting to come to the forge.

Speaker 2 (33:40):
Is it all Queenstown on Auckland or is it spread
more widely.

Speaker 17 (33:44):
Notice spread more widely than that, and we're still focusing
here on new home consents, but elsewhere in the market.
We had some welcome news from the government. About six
weeks ago, you might recall, Mike, we had the school
works our projects so ready to go, and then the
following day we had six hundred remain ods with the
Defense Housing. So all again we welcome news.

Speaker 2 (34:04):
That's what we call a pipeline, isn't it, Malcolm.

Speaker 17 (34:07):
We needed a pipeline. The pipeline was blocked and we've
had some unblockage along with this new house and content work.
It's coming through all the consenting round that it's coming through,
and of course I see our drops as well. It's
all starting to amalgamate to the positive picture and.

Speaker 2 (34:22):
You think it's tangible, it's real, and it will flow
into next year.

Speaker 17 (34:27):
I think we're going to see in twenty twenty seven.
We were starting to see that list that we've been
looking for for quite some time and we couldn't put
this recovery off any longer.

Speaker 2 (34:34):
Good stuff, Malcolm appreciated very much. Malcolm Fleming, can you
handle the good news? New Zealand certified build a CEO
and stand by for this twelve past seven tsking. I
hate to say I told you so, but I told
you so several times over. I said, at some point
somewhere before this is over, someone is going to come
in at three nine nine, and when they do, leap

(34:56):
all over it. This morning, SPS bank three nine nine
for one or two years. Now, don't follow my financial advice.
Do whatever you like. I don't care. All I'm saying
is that my waters, my spidery senses tell me three
nine nines as good as it's going to get. And
if you're waiting for better than that, it ain't gonna happen.

(35:18):
Thirteen past the Mike Asking Breakfast Full Show podcast on
iHeartRadio powered by News Talks at b By the way,
a very good piece on Business Desk just goes through
the various economists who say that things are their early signs.
The economy is turning a corner, green shoots are emerging,
that Sharon Zolner better times are ahead, that Stephen Topless
Ben said, So Business Desk has got that particular piece

(35:40):
of information. While I'm on the banks, generally Westpac yesterday
thirteen percent profit jumps, so they're making money and lots
of it their net interest margin. Now we're going to
have to keep a very close eye on this because
the great argument from the retail banks on their net
interest margin, which by the way, rose by fifteen basis
points two point three two percent. In other words, what
they their money in at and what they lended out at,

(36:02):
that's their margin, that's their profit, that's their hay, their cream,
their clover. At two point three two percent. They always
argued it was higher than Australia because of our regulatory
requirements and what the Reserve Bank asked of them and
putting money aside for a rainy day. Now those rules
have changed. And yet I see and this is retrospectabile
grant you that. So this is you know, this is

(36:23):
businesses that has been done. But that number better squeeze
or else I'm going to be asking some questions. Meantime,
across the Tasman Westpac in Australia they sold off their
RAMS business. I won't bore your witness with that, but
that was a business that didn't go particularly well for
them anyway, they flicked it off. They had a six
point nine billion dollar profit, which is a one percent
drop their margin rows by three points. So all in all,

(36:43):
I mean, what the rest of the banks are coming
in the next week or so. But all we found
out is that banking is a very very lucrative sort
of business. Which is ironic because yesterday the Reserve Bank,
who have been stress testing our banks, came out yet
again in one of those exercises. You think, why do
these people keep doing it? I mean, I don't mind
every now and again to have a look at the
banks to see whether they could survive a rainy day.

(37:04):
But I think we know that through the GFC and
COVID that we survived very nicely, thank you, and we've
got no problems in this particular part of the world.
With solid banks anyway, they are quote unquote well placed
to withstand a severe economic downturn. So they looked at
ANZASBB and Zqwybank and Westpact global downturn triggered by a
geopolitical shock. That was the scenario in which they tested

(37:26):
the banks. First scenario was a deep recession, output falling
six and a half percent, unemployment rising to ten and
a half percent, house prices falling thirty five percent. They
all passed that test, so that's fairly dramatic second test,
severe run on deposits during a recession. They also tested
on a failure of a transformational project ie and IT

(37:47):
program that they cocked up. So could they afford the
bill if they cocked it up? And the answer on
all three questions was yes. So another was we've got
very successful, well established banks, So we liked that part
of it. Morning, Mike, what's the rain going to do
for Buckaroo? Very good question. Don't we all want to
know the answer to that. We've got an expert from
the Melbourne Cup Brent Thompson, as well as before eight
o'clock Mike, how are we at record with hardship? KEI,

(38:09):
we saber withdrawals, but are spending more as consumers? Excellent question,
and I'm glad you asked. So you've got to be
careful on a couple of things. First of all, you
got two economies, so suggest that things are coming right
in the economy is to not misrepresent those who are struggling,
but it is to say that the percentages are the
things you need to look at. So, in other words,

(38:30):
when the newsrooms are classic at this, because all they
do these days is process press releases, is when you
see something from the press to go to it's up
twelve percent, you go ooh, up to it? From what
to what? Is never asked? From what to what? And
more importantly, of the increase in hardship withdrawals, what percentage
of that actual money is represented by the overall size

(38:53):
of the pie? In other words, if KII Saber is
many many many many, many, many many many billions of dollars,
which it is, what's a handful of millions? And the
answer is it's not as big a deal as is
often made out. Mike, I'm a Nole's supporter, but I'm
really confused. As Noline, I'm really confused about a couple
of things. Since yesterday on your show, she told us

(39:13):
there was no review and she did not know why
she was stood down. However, I understand that later in
the day she came back and said she didn't know
the specifics and that she was part of a review.
I just feel different things are being told to us.
You make a very good point, and this is what
Nolean said late in the day. I was not clear

(39:34):
enough that I was involved in the review process. A
summary of the concerns that the players raised through the
players association was shared with me, which I responded to
as part of the process. The review did not get
into specific details or allegations in a way that we
could identify individual players. So those are the details I

(39:55):
don't have. I can appreciate why anonymity is important, but
I did find that difficult. My focus now is on
putting in place the agreed changes we need to strengthen
the silver Ferns, the high performance environment and to get
back to doing what I love coaching. So hopefully that
clears that fit up. What isn't cleared up is what
we're actually dealing with, and from what I'm hearing, I

(40:17):
wish I could tell you what it is, because I
think I know, and if I use the appropriate word
for it, you'd go anew it. And that's why it's
so vague, so opaque, and unable to be nailed down
in a way that any of us can truly understand.
One day it will come out, and when it does,

(40:38):
you'll know what I mean.

Speaker 1 (40:39):
Seven The Mic Asking Breakfast Full Show podcast on iHeartRadio.

Speaker 3 (40:46):
How It my News talks be right.

Speaker 2 (40:49):
If you're a business leader to determine to grow profitable
market share, chances are you going to need to increase
that win rate with the tenders and the RFPs. Right,
So any responses to RFPs. What does that do?

Speaker 3 (40:58):
Well?

Speaker 2 (40:58):
It ties up your top people under intense response time,
no guarantees of success. How can you maximize your return?
As the question on their investment of time? Well, this
is where one net comes in. So they got the
sister company, Grizzly AI. Grizzly's gone to build that safe
and secure software for risk averse businesses that automates the
tender and the RFP response with AI and Grizzly AI software,

(41:18):
what it means is you can create winning proposals faster,
at a lower cost and a much higher success rate.
Tic tick tick win, win win. You don't want to
be the last among your competitors to use AI, of
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business can win more RFPs with Grizzly got it one

(41:39):
net GRIZZLYAI, one net dot co dot nz helping you
to succeed in business with AI. Asking now seven twenty
four A question for you about us? Are we chronic pessimists? Right?
This is what we've been talking about this morning. Just when,
just when will it be a good time to buy
a large household item? He the A and Z can

(42:00):
hum confidence figures out Friday sunk again. Business up eight
percent eight points. Punters down to household items are fridge.
We haven't felt good about buying a fridge in any
month for four years, forty eight long months, month after month.
It's no time to be sticking a bit of Samsung
or sub zero or Melea on your house apparently, And
yet how can business feel half decent given the people

(42:22):
they deal with are miserable? And how is it? As
the bank pointed out that the stats don't actually align
with our mood. Spending us up, I repeat up, No,
not by a lot. This isn't the gold rush, but
spending us up. The job adds up. There are more
jobs being advertised. My bet is when the unemployment stats
arrived this week, it'll be five point two five point three.
But that'll be it. It'll get no worse. The layoffs are over.

(42:45):
There are genuine, tangible and disputable signs in the economy
that things have turned call them whatever you want, flickers,
green shoots, better days, but they are there now. Like
all economies, the tie doesn't rise and bring everyone with it,
but it has it has to bring some. Some must
be feeling better or good, or God forbid. Upbeat? Is
there a determination among some too many, that we will

(43:07):
simply not be happy? We refuse to accept the light
at the end of the tunnel. Where once a trip
to the seaside in an ice cream on a sunny
day lifted the spirit. Now we want the whole circus
in a merch bag as well before we dare utter
anything remotely upbeat. I got no doubt, no doubt the
tide has turned. I see too many data points, too
many stats, too many results to feel any other way.
But New Zealand has caught a disease. You see it

(43:28):
in Britain particularly, they got it, they got it bad,
and also a little bit in Australia at the moment.
A refusal to accept good news the way we used to.
Where once the possibility was enough to lift a spirit,
now you need a tsunami to bowl you over. The
early bird, as always, will catch the worm on this
by the time we hit February or March of next
year and a lot of people joined the bandwagon. The
early adopters will have been having a good time for months.

(43:50):
It's only negative if it's actually factually negative, being determined
to be that way as a state of mind, not
a realityscar like. You're missing some bigger picture economic points. One,
global bond market yields are going up. That means the
real cost of money is going up. Two inflations at
three percent trending up again. This is a global trend. Three,
there is a massive global credit bubble. One day it

(44:12):
will burst and twenty twenty six will be a shocker. Grant,
you're wrong, and it's a very good point you made,
and it's a great discussion to have. But all that's
happening in the market, which is of course correct, you're right,
is driven by cash, and the people who are blowing
this bubble up have the money. So it's not Lehman Brothers,
where the credit crunches and no money flows and the

(44:32):
banks freak out. It is not COVID where everything closes
down and we don't know where we're going or what
happens next door, whether we will ever get out of it.
It is simply a lot of people with a tremendous
amount of money just buying stuff that unquestionably will pop.
There's no question AI is going to pop and all
the other nonsense around. It's going to pop. It won't

(44:53):
pop catastrophically, it will just pop. An ah, well that's
over kind of way. So I am the least full
of a financial crisis than I have been, certainly in
COVID and certainly in the GFC, and having gone through
two and potentially a third, this is the one that
we need to worry least about, in my humble opinion.

(45:14):
Liam Lawson back on the programme after eight, looking forward
to the catch up the Education Minister with news It's next.

Speaker 3 (45:21):
No fluff, just facts and fierce debate.

Speaker 1 (45:24):
The Mic Hosking Breakfast were the defender embraced the impossible
news Togs dead by.

Speaker 2 (45:29):
Three minutes away from Liam Lawson's in Palm Springs, Arizona
at the moment. He's not Palms Springs, completely separate state,
but he's in Arizona, and you know that doesn't matter
where he is. He's heading to Brazil. More important, he's
going to be on the WhatsApp to me shortly. Very
poor start to the half hour twenty three minutes away

(45:50):
through eight. One of the great cultural and educational frauds
is at last being undone by the government. So the
Education Minister has written to all school boards explaining her
rationale for removing the requirement for school boards to give
effect to tetidity Oh White tangy. So the twenty twenty
change it was implemented on labor of course, made no
measurable difference. What a surprise to MARI achievement and distracted

(46:11):
boards from their core duties. Anyway, Erica Stamford's with us
a very good morning.

Speaker 3 (46:14):
To you, Good morning mate.

Speaker 2 (46:16):
Was this virtual signaling signaling nonsense?

Speaker 18 (46:21):
Well, it certainly didn't make any difference. I mean, if
you are laser focused on raising achievement and raising achievement
for Mary students, you undertake the reforms that we're undertaking,
which have already for the first time in two decade,
seen a measurable improvement in MARII early Mary reading data.
Those are the things that you do. But just putting

(46:41):
some words that are relatively difficult to interpret it onto
a school board isn't going to make any difference.

Speaker 19 (46:47):
And we've seen that, right.

Speaker 2 (46:48):
Can you interpret them? What is it that they were
expected to do specifically in recognizing testidity, Oh White Hongy.

Speaker 18 (46:58):
Well, that's a good question, and I'm not entirely certain.
There were some things that the board were told they
had to do, and we've clarified those. You must work
to raise MARI achievement and ensure equable outcomes. You must
teach today omari in your school for those who ask
for it. And you must be culturally competent to the

(47:19):
needs of your students in the school. Those things are
very important, but they are very clear, and they tell
a board exactly what to do. But just a vague
statement that is conferring a treaty duty from the crown
where it rightfully sits to a board of trustees of volunteer,
well meaning parents is not reasonable.

Speaker 2 (47:37):
Correct me if I'm wrong. So what then happened? And
having been through this myself with kids and your a
parent as well, what then happened is everyone panicked and
didn't want to be caught out or had a finger
pointed at them, so they just just spread liberally all
over their environment something they thought would be right to
no great end. Is that fair?

Speaker 18 (47:58):
Well, what they didn't do, Mike teach structured literacy, do
an hour a day of reading, writing, and maths. Make
sure that we're assessing early literacy to see if children
are improving and if they're not intervene early having a
clear curriculum. I mean, those are all of the things
that raise achievement, and now for the first time, we're
seeing that achievement is rising, and that's what we need.
School boards to be focused on raising achievement, getting kids

(48:20):
to school, keeping them safe.

Speaker 2 (48:22):
Right are you do you think going to get a
welcome sigh of relief from boards or are you expecting pushback?

Speaker 18 (48:33):
I think what will happen is the usual suspects in
the unions will have a go. But actually I'm just
out here fighting for kids and what is the best
for them when I'm interested in outcomes and not what
the unions have to say.

Speaker 2 (48:47):
Okay, so materially does it change or not?

Speaker 18 (48:56):
I think that will be a stronger focus on board
on raising achievement, getting our kids to school. That's what
these changes do. There is still a requirement. We still
want schools to make sure that they are being culturally
relevant and that they are offering today a marty for
those children who want it and that they are raising
Mary achievement. But we're being very clear about those things.

Speaker 2 (49:18):
Those schools would do that because a good school does
what the community wants. I mean, you don't have to
spell it out, do you.

Speaker 18 (49:26):
Well, some boards will. I think we do need to
be clear about some of those things because the look,
my belief is still that the Crown has an obligation
to the Treaty of White Angy to make sure that
we are providing good education and that there are good outcomes,
and also that we're protecting today Amari as well. So
it is important that we do have those outlined in

(49:47):
what a board has to do. But we're very clear
and precise about those things rather than a vague statement
that is difficult to interpret.

Speaker 2 (49:55):
On related matters, You're in Sydney last week, so you
may have missed I don't know anyway, this moaning about
the curriculum. They were the people. They seem to be going,
Look what they're expecting a five year old to understand.
Five year olds don't understand that. So have you missed
the mark or have they teachers unions just dumbed kids

(50:16):
down to a point where we have no great expectation anymore.

Speaker 18 (50:20):
I think it's definitely the latter. But also, I mean,
you teach to the age of the child right now,
there are, for example, in the science curriculum you learn
about and I've forgotten his name.

Speaker 16 (50:33):
His name's Carl.

Speaker 18 (50:34):
He was the one who worked out how bees danced
to communicate. You know, you're not expecting five year olds
to remember his name. Gosh, I can't even remember it.
But I mean, how interesting is it that he's danced
and that's how they communicate to each other. I mean
it's fascinating. And you've got the left in the in
the in the Union saying, oh, don't teach kids facts
because it stifles creativity. You can't be creative and you

(50:56):
can't think critically, and you you know, you can't problem
solve if you don't don't have a base of knowledge
and facts and know how to use those facts and
when to use them. Otherwise you're just an empty vessel.
I've seen so many people say, oh, kids don't need facts,
they can just use AI. How ridiculous Carl can't comprehend. Yes,
that's right, cold on fresh. Also their frastus. I think

(51:18):
he's also in there about he's the father of botany.
He decided what is a tree? What is a bush?
What is a shrub? I mean you can get five
year olds to have a whole bunch of pictures in
front of them and like set, you know, sort these
into which ones are trees, which ones are herbs, and say, hey,
there was a guy who thought of this, and it
was a long time ago, and his name was the Ephrastus,
and he decided that these things would be grouped. I mean,

(51:39):
you can teach five year olds that sort of thing,
you know, because it's interesting and fascinating, and we're just
limiting them if we think we can just get them
to sit there and randomly think creatively without having some
basis of knowledge to think creatively and you know, critically
about very well.

Speaker 2 (51:53):
So SAP, appreciate your time as always. Eric A. Stampford,
Education Minister, seventeen minutes away from eight for a small
building supplies company and Hawk's by. It's been tough, but
we are starting to see those green shoots and things
heading in the right direction. Because of that, we're planning
and investing in things like technology and marketing, knowing that
the tide will turn. While I wish you nothing but

(52:14):
the best. John Liam Lawson still to come on the program.
We'll get to Melbourn for the Melbourne Cup as well.
Seventeen to two The My Hosking Breakfast Full Show podcast
on iHeartRadio powered by News Talks at B A lot
of I Love Erica texts is as usual these days
now from the European Journal of Nutrition, or if you
don't want to go to that, go to the Sydney

(52:35):
Morning Herald yesterday, yet another study on coffee. Is there
any bad news about coffee?

Speaker 4 (52:39):
Now?

Speaker 2 (52:40):
Coffee has become if you're following the coffee story, I mean,
coffee's been one of those things on the edge for
a while that's got a bit of this and a
bit of that, and it's quite good for you and
maybe have two maybe a four. Wasn't that long ago,
maybe a decade ago, that there was a group of
people who thought that coffee could be bad for you.
But the whole thing's turned chocolate and coffee's turned in
the last decade. And the amount of material coming out
on coffee now is ridiculous, and every single bit of

(53:02):
it it's not just good, it's remarkable. And the latest
one so read the Sunday Morning Herald Yesterday or the
European Journal for Nutrition. If you happen to have a subscription.
Let's be frankly, who doesn't. They looked as longitudinal two,
which is the sort of study a like seven years
everyone was fifty five plus aging study out of Amsterdam. Anyway,

(53:25):
it's fragility is the latest one. So certain frailty traits.
If you're worried about things like unintentional weight loss, weakness, exhaustion,
slow walking, speed glenn, low physical activity Glenn, I want to.

Speaker 1 (53:44):
Get some of that unintentional weight loss happening.

Speaker 2 (53:46):
Yeah, that's yeah. I don't know how to explain that.
So you've got some weight gain plus slow walking could
be connected. But that I'm on coffee. I'll come back
to another day anyway. Point being, those are the signs
of fragility. Two to four cups a day habit. All
coffee consumption led to improvement in these areas and may
reduce the risk of fragility in older adults. So you've
got your cardio all of that other stuff. Now they

(54:08):
think that fragility or fragile wise it can help you.
So the more the more you read, the more you
want to drink coffee is what it boils down to quickly.
On Genesis, this is another one. We've got to keep
up on this because it's important. This is fast track.
So Auckland Port were the first cab off the rank.
They were a success story. The Port of Auckland's been
a massive turnaround story. I'm not saying that fast Track

(54:30):
has been exclusively with that, but they have been able
to do some business there under the new fast tracked laws.
Latest is Genesis. This regards TECHAPO A and B the
power stations quote them. A year into the process. They
indicated that further delays were likely due to council hearing
processes and potential appeals. So I know who's got time
for that. Nonsinse, they've gone, they've gone fast track and

(54:51):
they've got fast track and the scheme generates enough clean
energy or clean electricity for two hundred and twenty eight
thousand Canterbury households so they can get on with business.
So this is all part of the overarching theme this morning.
It's turned the tiders turning and it's things like this,
tangible things like this that will make a difference in
our lives, and the sooner the better. TENN away from it.

Speaker 1 (55:14):
The Mike Hosking Breakfast with Bailey's Real Estate News Talks.

Speaker 2 (55:18):
The'd be Mike. The more important question about the TECHAPO
fast track is why are we even doing this performative nonsense?
Who would ever reject that consent? We have to operate it,
So why waste so much time and money on something
so critical? Very good question, and yet no shortage of lawyers,
no shortage of council delays. And that is the way
that life has been working in this country unfortunately for

(55:38):
too long. Right first Tuesday in November, Melbourne Cup, if
Steve was right, yesterday is going to be run under
cloudy if not wet skies. No New Zealand train runners
in the field this year. We do have some New
Zealand bread too, New Zealand bred horses Toronzino and Smoke
and Romans alongside the jockeys James McDonald, Michael D. Brent
Thompson is former Champion Jockey Racing Hall of Famery as well.
It's Brent morning, Good morning Mike, to be on your show.

(56:00):
No worries it almost to have you on our show.
Still early you got a sense of the weather and track.
Is she going to rain all day.

Speaker 15 (56:07):
Well, looking out my window it's still very dark, but
I did hear some rain overnight. And look, Flemington does
hold hold the rain very well.

Speaker 10 (56:19):
It's a very.

Speaker 15 (56:19):
Good draining track. But I want to assume that it's
probably going to be soft seven or something like that,
depending on what happens during it during the day. But
looks it is what it is, and we can't do
much about the weather.

Speaker 2 (56:34):
No, indeed not. The overall quality of the field in
your view is what.

Speaker 8 (56:40):
Look.

Speaker 15 (56:40):
Look, it's interesting, it's it would have to be a
very open cup. There's loads of chances in it, and
a lot of those chances actually do have wet track
form as we as you alluded to, there's only a
couple of New Zealand horses bred horses in the in
the race. The rest has made up of virtually all European,

(57:01):
one American horse and as in a French horse, so
as we know, they all generally handle the soft track.
Although one smooth operator is probably a bit of a
bit one out in the gold square there because he
doesn't really appreciate it by all accounts, and you know

(57:22):
it had it been a good track, he was one
of the chances what about Bukaroo.

Speaker 2 (57:26):
I mean, our correspond's been telling us about this bloke
has been on the I don't even know what sort
of bet it is, but a buckaroo comes and he's
going to earn sixteen billion dollars or whatever it is.
Is Bukaroo a chance?

Speaker 10 (57:37):
Yeah?

Speaker 3 (57:38):
Look, you know he.

Speaker 15 (57:41):
Last year, he ran well all year and this season
he's been consistent without winning a race, but you know,
he was a great second on the cocks Plate. You'd
have to include him. You certainly couldn't leave him out.
He's got Craig Williams on him, Melbourne Cup winning jockey

(58:06):
riding in great form as well. But yeah, he's certainly
one of the many chances, and we can obviously claim
Chris Waller as a New Zealander.

Speaker 2 (58:17):
Is it still Does it still stop a nation? Or
is it? Is that just a cliche these days? Is
it still as big a deal as it ever was?

Speaker 15 (58:26):
It probably lost a little bit of it's its way
because of the lack of Australian and New Zealand bread
horses in the race become predominantly a europe European uh
you know, bread runners in the race. So from that

(58:47):
point of view, probably the average Australian is probably doesn't
sort of hold it in the same sort of breath
as it used to. But given that what we've seen
here and what view would have seen on television viewing
it from from New Zealand, the crowd factors have been amazing.

(59:10):
Quite sad that the you know, given that the day
is going to be where they'll lose a lot of
people due to that, but the crowds have been amazing, So,
you know, it seems as though racing has've got a
bit of a resurgence where it was getting a bit
of a belting for such a long long time, you know,
And from from my point of view, they're just witnessing

(59:34):
the crowds. You know, you always saw the ladies looking
beautifully and well addressed, the boys as.

Speaker 2 (59:42):
They should as they should bring listen, you have the
best of days and appreciate your expertise on that. Brit Thompson, for.

Speaker 1 (59:48):
You asking the questions others won't the mic asking breakfast
with Bailey's real estate doing real estate differently. Since nineteen
seventy three, News Tom Stead been.

Speaker 2 (01:00:00):
This country's most followed and talked about race Cora exponent
Liam Lawson pretty much completed as first full season, now
remembering he was promoted to cover dan or Ricarda with
a handful of laces to go previously, then the promotion
to Red Bull to Racist in back to racing Bulls.
He sits ahead of this weekend's racing into Lagos on
thirty points ahead ironically of you, Hugh Sonoda, it's team
chasing the midfield title on seventy two. Anyway, Liam Lawson

(01:00:22):
is with us. Good morning, good morning.

Speaker 19 (01:00:24):
Thank you very much for having me.

Speaker 2 (01:00:25):
No, it's a great pleasure. How is life just because
it's been a while since we talked, Are you still,
despite everything and with everything pinching yourself on a weekly basis,
that you're living your dream?

Speaker 19 (01:00:40):
It's something for sure that I have to I think
in everything, no matter sort of what industry you're in
with it obviously for me, I'm lucky enough to be
doing this, but I think it doesn't really matter what
industry that you're in. I think when you're obviously achieving
what you set out to do, or trying to at
least I see in my eyes, I'm not quite there yet,
but I think it's important, sir, for sure sort of

(01:01:02):
sit back and realize what's going on because it's it
is cool. It's just always obviously striving for for more what.

Speaker 2 (01:01:10):
You thought you would get versus what you have. God,
what's the difference.

Speaker 19 (01:01:16):
I think. I think the pressure, the sort of intensity
of it is everything I expected. I think I already
thought that sort of time went quickly, and now it's
just going even quicker, like the fact that we are
one month away from the end of the season as
wild It's been an extremely intensity. I think. At the
same time, just because of how everything played out this year,

(01:01:36):
it's been that side of it is not what I expected. Obviously,
it's something that you know, I went into this year
with a plan and obviously it's gone in a different direction,
and I'm grateful to still be driving, but obviously I'm
working through that. So I think that it's different in
ways because of just how everything played out this year.
But I think at the same time, you know, still

(01:01:57):
being Formula one and trying to fight for a seat
next year, is it's obviously what I set out to do.

Speaker 2 (01:02:02):
Are you used to that pressure yet?

Speaker 19 (01:02:05):
I think so. I think it's something that's I don't
think you ever fully get used to it. I don't
think it's something that you I think if you're comfortable,
completely comfortable with it, then it's not important enough to you.
So I think that I've dealt with this pressure since
I was very young, because joining the junior program is
something that they put us through it at sixteen years old,
so it sort of prepares you for this sort of

(01:02:28):
step up when you get to F one. But I
think to be used to it, I would say, wouldn't
mean that it's not it's not doesn't mean enough, or
it's not important enough. So it's it's definitely still there
and it's still a battle obviously every weekend.

Speaker 2 (01:02:41):
How would you score yourself this season?

Speaker 19 (01:02:47):
Not high enough, not as high as I wanted to.
But I think it's very rare that, you know, I think,
at least for me. You know, I can't speak for really,
but I think it's very rare to look back on
stuff and think I did everything, you know, exactly as
I wanted to do. I think for me, as long
as I look back on this year and learn from
things that I feel like I could have done better

(01:03:08):
or could have been better, I think we've done a
really good job through a good part of this year.
The second half of the year's been a lot stronger.
I think we were trying to play catch up for
the first part because of the way the start of
the year unfolded, and I think that's we definitely got there.
But you know, in a sport where there's just so
many variables and you just don't put one piece of
the puzzle together on a race weekend, and you, especially

(01:03:30):
in a season that's so close, you just get knocked
out and you're fighting where you don't want to be fighting.
And I think that's trying to do that every single
weekend and have everything go right is very tough. But
those are the things that I look back on and
learn from from the stuff that didn't.

Speaker 2 (01:03:44):
How much better are you as a driver from the
start of IF one to right now?

Speaker 19 (01:03:52):
I think I think I think it's hard to say
a lot, because I think but by the time you
get to IF one, you've gone through such a development
process to be ready for F one. But I would
say a good step. I think I probably learned the
most this year or developed the most this year out
of any other year. I think you obviously on your
pathway to Formula one and the step to IF one

(01:04:14):
is very, very big, and we try and prepare for it,
but there's nothing like being in it and being in
it for a year and going through everything that sort
of we've gone through this year. I think all of
the hard stuff as well always sort of makes you
better anyway. And I think if there's anything if I
come out of this this year, which is what I'm
trying to do, I think then I'll be in a
much better place because of sort of the hard stuff

(01:04:35):
that's been that's been on this year.

Speaker 2 (01:04:39):
See when you say if I come out of this,
I don't want to ask you because I watch you
every week and they ask you the same questions and
you must be sick and tired of listening to those
questions and having to come up with some sort of answer.

Speaker 19 (01:04:53):
You could ask me, because I think it's obviously the
question that's it's the same. This is the way our
sport is, especially when you come into sport, it's it's,
you know, everybody's put under the pressure. You get you
get your first year and it's try and perform and deliver,
and then you get resigned. And I think it's at
the point of the year where obviously it's it's the
decisions sort of being made around this, around the four

(01:05:14):
seats at R and L camp for next year. So
it's something that obviously I'm very aware of. But at
the same time, it doesn't change really anything I'm doing,
and I think change their approach to each race weekend,
all that stays the same. So yeah, it's something that's
obviously these these races are very important to determine.

Speaker 2 (01:05:33):
Is it something you talk about in between race meetings
or even at race meetings over the weekend in the
sense that everybody knows that someone somewhere, whether it be
Marker or Mechis is making a decision and that might
be communicated or it might not. I mean, is there
black humor in the garage or do you just not
talk about it in pocus something?

Speaker 19 (01:05:53):
Honestly, Yeah, it's something that I would say I only
talk about with the with basically that sort of the
people who I'm making that decision with, with either Helmets
or with the rins or with Allen. You know, it's
those sort of the discussions that I'll be having, and
outside of that, I think it's just something that we're
all very There's so much we have sort of to

(01:06:15):
do on a race weekend and the build ups of
a race weekend. You know, we get less and less time.
Now there's more and more races at the moment, and
it's basically we're just flat out trying to It's crazy
how you you leave a race weekend and just straight
away switch on to the next one. I think that's
been something that has been something a learning process this year,
trying to take the things that I can learn from

(01:06:37):
and the positives and also the negatives, but the things
that I can learn from and just straight away move
straight on to the next one. And you don't really
have time to dwell or think about what's what's happened?

Speaker 2 (01:06:48):
Fair enough? Listen, hold on, mate, we'll come back with
more in a moment. Liam Lawson fourteen.

Speaker 1 (01:06:52):
Past the Mic Asking Breakfast Full Show podcast on iHeartRadio.

Speaker 3 (01:06:57):
Call it by News Talks.

Speaker 2 (01:06:58):
It be News Talks. It'll be sixteen past light Liam
Lawsons with us. So, I mean, let me ask you,
is it true that you you know what you're saying
before the break you simply don't know what your future
is next year? And the reason I ask it that
specifically is it does seem unfair to me that if
they want the best from you. They need to give
you some sort of guide or pathway, otherwise you're just
sitting there going you know what the hell am I doing?

Speaker 3 (01:07:20):
Yeah?

Speaker 19 (01:07:20):
I think the pathway with the guide is to perform,
and if you perform, you you stay in the sport.
And I think that's just how it's been since I
was sixteen years old, so it's been since I joined
the since I joined the program. That's just how it is,
and that's basically my guide, and you know that's really
Obviously I'm going to have updates and have conversations along

(01:07:42):
the way, But I think at this point right now,
the decision is not clear and hasn't been made and
has this in a position where basically I'm still working
towards trying to secure that.

Speaker 2 (01:07:51):
Seat, And is it made clear to you at the
end of the weekend. So the last couple for Singapore,
you ran into a couple of walls. Sometimes you can't
get the tires heated up. None of that your fault, necessarily,
does it? Is it communicated? Going that's on us not
you don't panic.

Speaker 19 (01:08:08):
Honestly, it's something that's I would say, I try to
take responsibility for everything I can. I would say, And
it's something that's for sure if if there's if there's
a situation where you know, either a mechanical failure or
something like that, or then then or something, you know,
something that we had planned that that just didn't go

(01:08:30):
like it was meant to, whether one pane or something
like that. For sure, the team would take sort of
responsibility one that. But I think it's something that we
also collectively agree on stuff together, and it wouldn't be
fair as well for me to just basically put stuff
on them, because for sure I make mistakes as well,
and I have done, you know, a load of across

(01:08:50):
this year, so you know, when we're coming up to
making plans, we're in a sport where there's just so
many variables and nothing's ever going to go completely right.
So I think it's just accepting that.

Speaker 2 (01:09:02):
That's what I've learned out of this year. As I
look at Lewis Hamilton, I look at car loss science,
two of the greatest drivers of the generation. Put them
in a different team, in a different car, and look
how they've struggled. I mean that that's what you essentially
what you faced as a rookie, isn't it.

Speaker 19 (01:09:16):
I think it's it's it's yeah, obviously there'll there'll always
be conversations and I'll you know, I haven't really had
a chance, but maybe if I, if I get proper time,
I'll look back on reflect completely on how everything unfolded
this year. But I think, you know, a big part
of it is, you know, your preseason prep and stuff
like that. You go into a season. I went to
this year with a plan and sort of we had

(01:09:37):
a build up of procedure and sort of direction we
we're heading. And when that gets you know, flipped upside down.
As much as I've driven this car last year, I
had to basically sort of catch up with everything, the
direction of the car, the sort of development that was
going on, trying to get adjusted to it again and
do that, you know, straight into a triple header at

(01:09:58):
you know, sort of after the start of the sea.
And I think that was in a season that this year,
you know, one tenth can can be the difference between
being into you know, in Q three or being knocked
out in Q one. Sometimes it's so close.

Speaker 2 (01:10:12):
And is it is it unfair to ask you? I mean,
I look at Sonoda, I look at you, He's he's
no better in that car than you were the cars
of the problem We all know that is there do
any sense of resentment or on fairness or it is
what it is.

Speaker 19 (01:10:26):
It's it's not something I think about directly with hom
I think at the end of the day, I had
two races on two tracks i'd never been to. You know,
we didn't we didn't do pre set you know, we
didn't do a load of you know testing last year
and pre season testing to get ready for this this season.
So I will never be able to compare because I
just didn't do the races I did too, and then
I was and I was out. You know, He's had

(01:10:47):
a whole season in the car. So it's something that's
it's not I can't. I could never compare with that
because you know, obviously as a race and driver, I'm
always gonna we always back ourselves right, and I'm always
gonna sit here and go hey, after this amount of time,
I feel like I would have got my head around
it and then and been somewhere. But I think to compare,

(01:11:09):
we didn't get given the same amount of races.

Speaker 2 (01:11:11):
No, if it pours and into Lagos, is that good
or not?

Speaker 19 (01:11:16):
I wouldn't mind it too. I think in a season
that's so close, you know, something like that, a variable
like that. You know, we had extreme wins in back
who that basically helped us a lot in qualifying yep,
and something like that, you know, a weather sort of
change and qualifying or in the weekend would be good.
It was good for us last year. So I think, so.

Speaker 2 (01:11:37):
All right, it's always a pleasure to catch up with you, mate.
I hope you I say the super time, but I
hope you understand just how many New Zealanders love what
you're doing and enjoy it each time your race and
it's a thrill to watch.

Speaker 19 (01:11:49):
It's very cool for me toa And thanks very much, Mike.
I speak you soon.

Speaker 2 (01:11:52):
We'll right there we go. The good news is we're
not done with Liam Lawson this morning yet. Eight twenty one.

Speaker 1 (01:12:00):
The Mike Hosking Breakfast with a Veta Retirement, Communities and
News togstead B and.

Speaker 2 (01:12:05):
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great interview. Mikey seems to have grown in the last
year comparing to previous times you've talked to him.

Speaker 4 (01:13:01):
He has.

Speaker 2 (01:13:01):
He's one of the great joys in this job. You
deal with younglan this case motor racing, young guys and
they get out in the world and see Parkers the
same thinking that the other day it'll be sad to
see Liam Mike without a seat next year. We don't
say that because I don't necessarily think it's going to
happen at all, especially when he may be able to
secure something else if it wasn't for Red Bull's total
lack of professional respect or courtesy for their drivers. I

(01:13:23):
take your point, but it's a hard, hard business in
F one. Have a look at kim Ilman if you
follow that on YouTube, kim Elman's latest piece on He's
done a bit on Liam and co. Mike, My money's
on him keeping a seat next year.

Speaker 3 (01:13:37):
Mike.

Speaker 2 (01:13:38):
I think Liam's allegiend the F one environment just seems horrific.
It's certainly hard, there's no question about that, Mike. Great
interview with Liam Lawson. Great chance to connect with a
key F one driver. Mike my son Dylan sitting in
the car on the way to school organizing his F
one trading card collection. He's got Liam Lawson card on
his hand. He's a huge fan. Dreams of driving the
ego Tony. That's nice, isn't it now. I got an
inspiration yesterday from Noline Taru. So Nolan came on a

(01:14:01):
couple of times on the program, and so I thought
that's the thing we could develop on the show. So
I'm what I'm going to do is I'm going to
get Liam back on after eight thirty, after the News,
and I'm going to get him to explain his latest idea,
which is a brilliant idea. He's got a two thousand
Subaru Forester that he's fixed up, hotted up, and he's
selling it currently for a charity and the bidding's open

(01:14:24):
on trade me. So we'll talk about the car, talk
about how cool it is, what the causes and how
you can bid for a very very good cause. And
I'll run you through some of the stuff that he's
done to the car because it's amazing. And just fore warning,
I'm going to be a bitter anyway, That's still the

(01:14:45):
come Leam Lawson back after the News again.

Speaker 1 (01:14:50):
Opinion edit, Informed, Unapologetic, the mic asking Breakfast with a Vita, Retirement, Communities,
Life your Way, News, toks Head vs.

Speaker 4 (01:14:59):
Mike.

Speaker 2 (01:15:00):
It keeps getting in the way of listening to you.
Have I missed the follow up with the tea's about
being finished with Liam? No, you haven't. Twenty three minutes
away from.

Speaker 1 (01:15:07):
The international correspondence with Insit Eye Insurance, Peace of mind
for New Zealand business.

Speaker 2 (01:15:12):
Before we get to learn, we need to get to
one who's brother's Roderick.

Speaker 10 (01:15:15):
Good morning, good morning, how are you doing very well?

Speaker 2 (01:15:18):
Indeed, mate, this dreadful business on the train and they
head two people, it seems to be one. He's in court.
He's of no fixed abode. What do we do about trains?
I mean, what are we seeing in this? It's not tira,
it's just what a nutter?

Speaker 10 (01:15:31):
It's a nutter and sometimes that's what happens. I mean,
we need to market because this is a man who's
got on a trainer Peterborough and one of the high
speed trains down to London and scabbed, just went around,
stabbing indiscriminately as many people as he could find on
the train there. He's left eleven people in hospital, one

(01:15:53):
of whom he stabbed earlier at a different station incidentally,
so he's been on a kind of stabbing day out.
Anthony were the ends, aged thirty two, a black British
guy from we thought London, but with a home address
seemingly of Portsmouth. And we're beginning to hear now because

(01:16:14):
this has shocked the nation and as you can imagine,
immediately it happened, everyone thought it was a terrorist attack,
and so the police were comparatively quick in letting us
know that it was actually a British born bloke who'd
done it. But there were lots of incendiary stuff on
Facebook and social media before they happened. But we're now

(01:16:38):
beginning to hear a bit about how the both the
train crew and the passengers protected other people, more vulnerable
people from being stabbed, and there's there's some very there's
some very moving stories of one guy who you know,
confronted the guy and was told do you want to die?
Do you want to die? All he had was his
fist to protect him. So, yeah, there isn't much you

(01:17:01):
can say much more than that that it's, you know,
a horrific occurrence and it's not just Islamic terrorism we
have to.

Speaker 2 (01:17:09):
Put up with, no, indeed not, but we have broadened
it out politically speaking and on the train stations and
the public places of London. Knives, as you've told us
many many times, are a major major iss So that
we go through this debate once again of can you
jump on a train? Are you safe? If you're not,
what are we going to do about it. I mean,
there seems no answer to any of us.

Speaker 10 (01:17:26):
There doesn't and and all the answers which are there
are pretty growth. To screen people before they get on
a train, you know, I mean, do we do that?
It's just impossible. There are some things you cannot You
cannot do anything but make allowances for you accept that

(01:17:47):
which is going to happen every so often. It may
be that there's something about there's something a bit more
political and ideological in the way we view people mental illness,
the view in the last twenty five years as we
need to demystify it a people with a mental illness
and no danger to the public. Well, some of them are,

(01:18:09):
you know, some of them are.

Speaker 2 (01:18:13):
Trump as a CBS six Harris two point zero. I mean,
where are the BBC with us in the jan six speeches?

Speaker 10 (01:18:22):
Oh well, that's incredible. Do you know? I watched that
Panorama and I thought, by god, did Trump really say that?
It was remarkable? They Jerry Mander. This is the BBC's
most predigious current affairs program, Panorama. Jerry Manded distorted the

(01:18:43):
words of the President to make it look as if
he had ordered people to go and take the White House.
I mean absolutely remarkable. It's by far, in my opinion,
the worst transgression that the BBC's made. And boy, there
have been a few of those, given its performance over
Israel and.

Speaker 2 (01:19:01):
Palista, and what happens to them because of.

Speaker 10 (01:19:03):
It, Well, you would hope that the editor would resign,
or you would hope that more than that happens, because
I think there's going to be trouble, you know, from them.

Speaker 2 (01:19:16):
He's great.

Speaker 10 (01:19:17):
We've been told that the license fees going up to
one hundred. Lady quit. There's not much appetite.

Speaker 2 (01:19:23):
For that, you know, No, there's not apologies for the
equality of your line. Rod go well, we'll see you Thursday.
I rod a little out of Britain this morning. The
only other quick thing on speaking of trains, Virgin have
been given. I don't know why this has been so
long coming. Virgin had been given the go ahead to
run competition on the Eurostar and if you've ever been
on the Eurostar, it's quite a good service. I thoroughly
enjoyed it. The first bit I did from London to France,

(01:19:45):
the one back, I didn't realize that the train I'd
got on was a brand new one and it was fantastic.
And it was the express service. On the way back,
I got an old train that stopped at every train station.
So if you get the right train, it's all good.
But a bit of competition wouldn't be a bad thing.
Right back to Liam in a moment eighteen two.

Speaker 1 (01:20:00):
Asking Breakfast Full Show podcast on iHeartRadio powered by News
Talks at b.

Speaker 2 (01:20:05):
It's a forty five news talks it be right back
to Liam Lawson. His original car, first car, two thousand
Buru Forester is for sale. I am Hope is the
charity he's auctioning it off. It's available now. It ends.
The auction ends this Friday, which is gum boot Day,
of course, so I talked about the details. Now. Part

(01:20:25):
of the reason we got you on this morning, Liam
is this. I'm interested in buying this, so you don't
don't over sell me on it. Right So, because I'm
gonna come I'm gonna come back at you if I
end up winning this car, I'm gonna come back and
it's crap. I'm gonna come back at you, and it's
on you. So it's this two thousand Forester. It's come
up beautifully, doesn't it. I followed you on social and

(01:20:46):
you know, the time you spent on it and stuff,
but it's come up beautifully. It looks good. Does it
drive well?

Speaker 19 (01:20:54):
Yeah, Look, it's something it does and it's something that
I like, I have a big passion for cars, you know,
started racing in terms of especially especially JDM. I think
it's that side of growing up in New Zealand. It's
something that we have a lot of in New Zealand,
quite quite a lot of you know, really cool stuff
and the idea of of you know, buying something very
basic in stock and turning into something quite cool with

(01:21:16):
a lot of really really cool partners. There's something that
I enjoy doing. It's something that I did in the
UK with a to a Supra and to do it
at home as well with technically my first car ever
you know, registered to me in New Zealand and it
came out really good honestly, and we definitely did it properly.

(01:21:36):
You know, we went through I think it's pretty you know,
I can be honest and open. So we went through
a couple of motors to get it right and I
think now we have because I wanted it to be
good and uh and it's it's yeah, it's it drives,
it drives what it makes all the right noises as
well good, which obviously is really important to me.

Speaker 2 (01:21:53):
Why a forester.

Speaker 19 (01:21:57):
I think it's very I don't think it's a very
sort of typical New Zealand car. It's something that I've
never seen more foresters, you know, outside of New Zealand,
and I've seen in New Zealand. It's something that I
feel like it's a very New Zealand car. It's something
that you see around a lot. And I also just
think saw the potential of it, like how cool it
would look to have sort of a wagon that was

(01:22:19):
turned into because the thing's got like three hundred doors power,
you know, it absolutely wraps And yeah, I think that
was just like a cool idea, probably a little bit
more non traditional from what most people would build.

Speaker 10 (01:22:34):
Now.

Speaker 2 (01:22:34):
The difficulty is, of course it's it's for charity and
that's great and so it could go for anything. But
that aside, what's at worth? Do you reckon?

Speaker 19 (01:22:46):
I honestly I have absolutely no idea. I think it'd
be really unfair for me to just put a number.
I can say what we've obviously put into it, and
we spent we what initially I'll be honest and say
that when we initially planned it, we didn't plan on
doing as much as we did. But that's a very
mean thing to end up doing, is just completely carried away,
and we did. And I think there's probably twenty five

(01:23:08):
grands worth of just modifications in the car. So yeah,
I think it's it's it's it's been done probably, which
was the main thing. And I think, especially when thinking
about it, obviously, you know, being sold to something, and
obviously the money going to charity is great, but obviously
the person who buys a car, I wanted them to
be happy with it as well. Yeah, so that's why

(01:23:29):
we tried to just we said, okay, let's just do
it properly, do everything we can to it. But honestly,
to give you a number, I couldn't. I couldn't do it.
But it's it's good enough that I didn't. I was
very sad and I don't want to sell it because
I actually enjoyed driving a lot.

Speaker 2 (01:23:44):
Oh fantastic. And you signed it, right?

Speaker 19 (01:23:48):
Did I signed the dashboard? Good on the Yeah, on
the left hand side of it.

Speaker 2 (01:23:53):
So is that worth anything? Do you think they.

Speaker 19 (01:23:56):
Told me it was? It's not something I really I
wouldn't think it is, but that's that's obviously somebody else's opinion.

Speaker 2 (01:24:03):
So I guess so, well, well, hopefully it goes for
a tremendous amount of money. And how come the link
I mean in the suit? What what? How you know?
Have you got an association with a charity or it
was just a nice thing to.

Speaker 3 (01:24:13):
Do or what?

Speaker 19 (01:24:14):
Yeah, I think it's something that is. I mean, obviously
any charity you pick at the end of the day
is is important. And for me it's something that along
with a lot of people I know around, especially growing
up in New Zealand, I think it's more of maybe
more of a topical, more of an issue than some
other places. But I think that yes, I have you know,

(01:24:35):
had a close friend that was affected by something like this,
and I know a lot of people around me that
are as well. So it's that's honestly, that's the truth.

Speaker 2 (01:24:45):
That's why you're doing you So that's the Cara. I'll
run you through the modifications in the moment. It's on
trade me. The cause is GUMBOO die im hope and
the bid currently sits at thirty thousand, six hundred dollars
tend to Wait, Tend to Night, the Mike.

Speaker 1 (01:25:00):
Costing, Breakfast with the Defender, and news Togs Dead bs.

Speaker 2 (01:25:03):
Did not on to Resonate Health yet get into it.
Founded by James Whittaker, of course that basically he's in
New Zealander were decades of experience in audiology and health right.
So he saw too many people pressured into expense of
upgrades and paying thousands of dollars up front and left
with outdated hearing and technology. So he knew, hang on,
there's got to be a better way, which is why
he created Resonate and the unlimited hearing Aid subscriptions the

(01:25:26):
way of the future. For just ninety nine dollars a month,
you receive top of the range hearing aids, full support,
a free hearing aid tech upgrade every three years, and
the price is locked in for life, never goes up.
So James has built this world class team who loved
this model because it's transparent, It's focused on outcomes, not sales,
which is why so many key weis are switching to Resonate.
Why wouldn't you eight hundred Resonate is the number eight

(01:25:48):
hundred seventy three seven sixty six to two or book
online at Resonate Health dot co, dot n Z tasking
Right two thousand Subaru Forester a new W twenty si
see short block engine with genuine Sabaru components, hardware supplied
by Winger, Wayne and the crew at Winger. They're good
people are brand new genuine Sabaru STI turbo, a host

(01:26:09):
of other performance and cosmetic upgrades. It's only done a
thousand k's on the new engine, brand new engine, fool
rebuild performance installation. It's done by Possenborn Motorsport, Tuned as
Liam said to three hundred as in adjustable coil abor suspension,
new white line sway bars, strut brace, turbo back exhaust system,

(01:26:29):
high flow fuel pump, AARP headstart to stand alone link
G four x plug in ECU performance camshafts with full
valve train upgrades, springs, titanium retainers, guide seals from Celford Cams,
new inter cooler and clutch, brand new wheel, Semi Sleck tires,
cart Boy short shifter. You want one of those and
a shift noob from Naughty Knobs. You've never been to

(01:26:51):
Naughty Knobs. Absolutely fantastic cruise roof racks, Uchema Roofbox donated
the Roofbox. Actually, funnily enough, you think roofbox, what the
hell is that? It looks good from roof Rax New
Zealand are completely wrapped. I didn't realize it's wrapped. So
it's wrapped in satin gray. It's just been brilliantly put together.

(01:27:12):
It's a good looking scene todays no because you once
you've got your naughty knob, what do you need to
seat warm before? For goodness sake? Anyway, it's all on
trade me and the bidding is for I am hope
gumboot Day currently sitting at thirty thousand and six, I
mean thirty grand. I mean it'll go up from there.
I'm assuming bye, potentially quite a lot. It is an

(01:27:33):
it's a brilliant car. So go to trade me. Have
a look farve away from nine trending.

Speaker 3 (01:27:38):
Now sarehouse the real House of Fragrances.

Speaker 2 (01:27:42):
So we've got a court case. We're in Detroit and
they're doing this over zoom and so it's the state
via woman who was charged with drag racing and disorderly conduct.
So not just drag racing but disorderly conduct. The officer
in charge. This is Matthew. He hasn't quite figured out

(01:28:03):
how the zoom works and what the camera shows.

Speaker 15 (01:28:05):
Officer Jackson, good morning.

Speaker 10 (01:28:07):
You can you put your appearance on the record, please? Yes?

Speaker 20 (01:28:11):
After Jackson bathroom at thirty nine nineteen at a twelve
recinc All right, do you.

Speaker 8 (01:28:22):
Have you got some pants?

Speaker 2 (01:28:29):
No, sir, No sir, have you got some pants on?

Speaker 1 (01:28:36):
So if you don't have pants on your own, zoom
by your via your phone.

Speaker 6 (01:28:40):
Probably hold it in a landscape rather than portrait, because
otherwise you get a sort of a longer shot.

Speaker 2 (01:28:47):
Would that necessarily be a bad thing? That's what you wanted.
It depends on which way you Where does the naughty
knob fit into that? I'm not sure.

Speaker 3 (01:28:56):
Nobbed or not?

Speaker 2 (01:28:57):
Separate subject anyway, thoroughly good morning, and that's my own
personal assessment, and to be frank, I couldn't care less
what anyone else thinks anymore. I've assessed myself to have
done quite a good job, and I go home satisfied
and we'll look forward to the return tomorrow morning from
six am as always, Happy days.

Speaker 1 (01:29:34):
For more from the Mic Asking Breakfast, listen live to
news talks that' be from six am weekdays or follow
the podcast on iHeartRadio,
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