Full Show Podcast: 25 November 2025

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
You're trusted home for news, sport, entertainment, opinion and Mike
the mic asking, Breakfast with the Defender, Embrace the impossible news,
togs dead, been moving.

Speaker 2 (00:11):
And welcome today good news. There are jobs out there
after all, we look at the new house warranties. Got
some new soul acoming our way. We got the chair
of the COVID Inquiry tells us why so many people
are quitting? Tom Newley another of our future and laws
in Scott McLoughlin's and for a moderating chat after right,
Captain Field of France, Rod Liddle is in the UK
pasking Tuesday morning. It is seven past six.

Speaker 3 (00:32):
Now.

Speaker 2 (00:32):
If you follow the carbon market, and you should, it
is yet another lesson in the abject failure that almost
certainly results in gerrymandering markets. Four times a year you
get to bid for credits offsets to counter your polluting
are you do this because we've signed up to Paris
and made a bunch of promises we were never going
to be able to keep. By selling credits, the government
has the potential income of about two billion dollars a year,

(00:53):
except little of any of that happens because buying large
people don't turn up or bid, and they fail to
show up, broadly speaking, because people don't believe a word
the government says on climate. It's not just this government.
Last one was even worse. They've tried to set a
price for carbon credits, remembering of course that this is
this is entirely invented market, so it's darted to board
stuff at the best of times, anyway, of late the

(01:13):
price was set at fifty two dollars, then it collapsed
to thirty three before settling back to about forty something.
At the moment enter Simon Watts, climate minister. Now, he
doesn't normally talk about the market because that's interference, the
same way the Prime Minister doesn't talk about the Reserve Bank.
But Simon has talked about the market and has done
that because well, the government of Panics. He issued a
reassurance that despite all the changes they're making around climate

(01:36):
at the carbon market, the ets there's still a thing.
We are still committed. It is still going to happen.
His commitments, he said, ah, firm. Except Simon, that's the problem.
No one believes you. This is a government that says
one thing, acts the other. Now, don't get me wrong,
what roughly they're doing is the right thing to do.
Because the tide has gone out on climate. The promises
are a bust. No one's going to make it to

(01:56):
next zero. So the answer is to stop pretending you are.
Science might come to the rescue, and if it does, fantastic.
But the governmental promises around carbon and the ets and
the car import duties, it's all b yes. And there's
no better proof of that than a carbon market, the
market where money like rubber hits the road. The market
is calling the government's bluff carbon credits or snake oil. Ah,

(02:19):
same thing. No one's buying, figuratively or literally.

Speaker 1 (02:25):
News of the world in ninety second, right.

Speaker 2 (02:28):
The war fixed yet No, but things are moving.

Speaker 4 (02:31):
We will continue explaining how dangerous it is to pretend
that aggression is something one can simply overlook and move on.

Speaker 2 (02:41):
Rubio's Trump's point.

Speaker 5 (02:43):
Man, in order to have a proposal, you have to
rate it. You know, if it's just verbal, it's in
the air, you have to put it down on a
piece of paper, And just because it's printed on a
piece of paper doesn't indicate finality.

Speaker 2 (02:52):
So you get.

Speaker 5 (02:53):
Input, and based on that input you make adjustments and
then you get more input or you make a counter offering.

Speaker 2 (02:58):
It's simple. Europe is there but kind of on the sidelines.

Speaker 6 (03:01):
Along with President Macroan, I've been leading the Coalition of
the Willing and I'm now planning that we will meet
virtually tomorrow because the conflict in Ukraine has had a
direct impact here in the United Kingdom. So progress, yes,
more work to do.

Speaker 2 (03:16):
So what you said there, what he said there is
He's organized as zoom. That's all they see it. Meantime,
in Britain, the BBC has lined up today to answer
a few questions about their ongoing what true we've got
reputational issues others. Bloke in Mini respects as the whistleblower,
do you regret writing the moments, Prescott?

Speaker 6 (03:32):
I look forward to giving a full account of everything
to this Threat committee.

Speaker 7 (03:35):
I'm very pleased that they've invited me here today. Thank you.

Speaker 2 (03:38):
And this blog used to be on the board.

Speaker 8 (03:40):
The particular elements involved in the Trump editorial were not
so extravagant as to create the kind of fallout that's happened,
and I feel sad that the question of the BBC's
integrity has been brought into the front.

Speaker 2 (03:55):
The stay signed Thanksgiving as close in America as on
the move and at the airport.

Speaker 9 (04:00):
You know, let's try to beat this a little bit
early and adjugacy here it's still having its effects.

Speaker 10 (04:05):
And then hearing that there could be weather delays too,
feeling really lucky that we don't have to everything's going
to plan.

Speaker 2 (04:12):
Is slowly opening back up.

Speaker 1 (04:13):
Everything should be available, so we shouldn't have any issues.

Speaker 2 (04:15):
Finally, shipwreck news. We got the San Jose. This is
a Spanish ship that's sunk by the British bacnsident in
the lake near Columbia. Discovered in twenty fifteen. Has been
dubbed the Holy Grail wide because they reckon. There's about
eleven million gold and silver coins on board, and today's
money it's worth thirty five billion dollars owner. Well, that's
being fought the courts. The US claim a bit of

(04:36):
the action. Columbia wants some, Spain wants some anyway, they're
fighting over that. Meantime, the divers they've gone and brought
up three gold coins in the cannon and some porcelain.
Bringing a cannon to the surface must be quiet the thing. Anyway,
Columbia says, are going to study those and put them
on display. News of the World and native inflation in Singapore.
We got the GDP numbers out of that country yesterday,
so they're rolling nicely. Bit of inflation though one point

(04:57):
two they thought zero point nine. Calls one point two
as well and they thought zero point seven, but they're
doing okay. Twelve past six.

Speaker 1 (05:06):
The Mike Asking Breakfast Full Show podcast on iHeartRadio, call
it by News Talks.

Speaker 2 (05:12):
Evy this odd. I'm not sure what it says about
Britain are They've announced overnight a new national day to
honor and remember victims and survivors of terrorism. It's going
to be twenty first of August. It's the first one,
next to you, different location across the country each year,
driven out of the Manchester Arena attacks. Apart from that,
few details have been released. Might talk about it with

(05:33):
Rod later. Fifteen past six, I'm sure in partners Andrew callaheer.
Welcome to Tuesday. Yeah, Molly, Mike Auckland, here we go.
Turn arounds on green shirts, got flickers, go for it,
tell us.

Speaker 7 (05:43):
All, Oh, you've just done it all, haven't you yet.

Speaker 11 (05:46):
Over the past few weeks, Mike, we've been mentioning the
big city.

Speaker 7 (05:50):
We've been talking about Auckland.

Speaker 11 (05:51):
We're noting that if we can see any of the
flickers or yes, I'll use the words green shoots and
the big smoke. It's all good because it's been holding
back the country's economic revive. You don't really get that
flow over effect from dairy and meat in the Auckland,
in the Auckland urban areas as you do in the
other regions. So very interesting yesterday to look at the
business survey of Auckland. This is from the Auckland Business

(06:14):
Chamber and business confidence has taken a noticeable step up
this quarter according to the survey, so November survey of
Auckland businesses. And I think this was Simon Bridge as
he said, the deep pessimism is fading, replaced with early
signs of renewed confidence, which sounds good, doesn't it. And
it is a modest but meaningful turn, So thank you
for that, Simon. Sentiments is cautious, but the tone has shifted.

(06:37):
So where's the evidence for all of this? If we
deal down to the numbers, Mike, those rating their overall
confidence as negative or very negative has fallen sharply to
forty four percent from sixty four percent, but if you
just take a step back, forty four percent is still
negative or very negative, but as a heck of a
lot better than it was.

Speaker 7 (06:55):
That's a material move.

Speaker 11 (06:56):
Neutral sentiment has climbed with thirty nine percent more than
half of those surveyed, or fifty four percent, now expect
the New Zealand content to recover. So that's up twelve
points from the previous survey. Now in a not dissimilar
vein to other surveys, though current business performance remains mixed.
So the still in this survey, you've still got the

(07:17):
here and now is different from what's expected, but the
trend is moving in the right direction. Look, there are
still issues that's sort of lingering, persistent issues. One of
them is cost escalation eighty two percent of respondents expecting
cost of rise next year. And if I look at
the top sited vis or concerns of business, the number

(07:37):
one is another one that we're seeing in things like
the A and Z Business survey. That's consumer confidence and
demand demands. Still problematic energy costs that's also an interesting
one that just keeps popping up everywhere.

Speaker 7 (07:50):
Just two energy is too expensive. Looking through the.

Speaker 11 (07:53):
Survey, there was one telling statistic that I saw that
really popped out to me. Fifty percent of respondent, so
half the people revenue being down on the preview from
from previous periods and that's pretty tough there.

Speaker 7 (08:06):
But there are signs of life in Auckland. We like that.

Speaker 2 (08:09):
Speaking of Auckland, Sylvia Park is owned by a Kiwi
property of course, now they looked okay apart from the revaluations.

Speaker 11 (08:15):
Yeah, relatively it's a relatively minor when you consider it
across the whole size of their asset base.

Speaker 7 (08:21):
So we're still working through local company announcement.

Speaker 11 (08:24):
Yesterday KEW Property Group announced the six month or interim results.
As you say, Kiwi Property Group, it's one of the
big sort of listed property companies on the INSIETS exchange
that has some well recognized properties Sylvia Park as you
mentioned out in Mount Wellington, also the base at down
in the Waikato ASB Northwharf Vera Center, so they're probably
some of their more recognizable properties. Posted a lower intern profit,

(08:47):
not because the business wasn't operationally strong, but revaluation of
properties produced a drop in value of twenty nine million
dollars now of just the total asset base is three
point three point three four billion, so twenty nine million
is not really a large percentage movement. Revenue for the
six months improved from one hundred and twenty eight to
one hundred and thirty seven billion. They signed a new extension,

(09:10):
a nine year extension of ASP signed that on the
North Warf properties. That's good, strong leasing progress leasing in
the very center. One of its more notable developments is
a build to rent it out at Sylvia Park that
is ninety nine percent lease now, so at this stage
it looks like there's plenty.

Speaker 7 (09:27):
Of demand for it.

Speaker 11 (09:28):
In a slight nod to the improving economy, sales and
foot traffic were up across the portfolio, albeit that fairly
modest increase, and they also sort of mentioned fairly they
sort of quite a bit of talk about the Ikea
opening out at Sylvia Park that they believe it will
drive additional customer consumer activity, It rein reinforces the long
term value proposition of Sylvia Park. Mike the just taking

(09:52):
a little step back. The listed property sector has enjoyed
sort of share prices lifting quite a bit in the.

Speaker 7 (09:57):
Second half of this year.

Speaker 11 (09:58):
You've got the falling interest rate that's made the sector
look more attractive. The distribution yields are higher than things
like the interest rates got available on term deposits.

Speaker 7 (10:07):
So the share place Kiwi property shareplace up twenty two
percent since the end of June. So looking okay, I
like it.

Speaker 2 (10:13):
What are the other numbers?

Speaker 7 (10:15):
Yes, so we've got the week. It's Thanksgiving week in
the US.

Speaker 11 (10:19):
Kelliher Junior has made its way from London across the
North South Carolina for Thanksgiving, so that's going to slow
the Not calliher Junior, but the Thanksgiving is going to
slow down the US markets over the second half of
this week because they're all going to go on holiday.
The dal Jones, however, is up two hundred and fifteen points.

Speaker 7 (10:37):
It's about half a percent.

Speaker 11 (10:38):
Forty six thousand, four hundred and sixty the S and
P five hundred and sixty six eight seven it's up
eighty five points. It's one point two eight percent, and
all is forgiven.

Speaker 7 (10:47):
On the NASAK.

Speaker 11 (10:49):
Forget about that sell off last week, because that market
is up two point three seven percent, five hundred and
twenty eight points twenty two thousand, eight hundred and one overnight.
The footsy one hundred lost five points ninety five three four.
The nicke lost two point four percent forty eight thousand,
six hundred and twenty six.

Speaker 7 (11:05):
Shanghai comps it up two three eight three six.

Speaker 11 (11:08):
The AUSSI has had a good day yesterday at one
point two nine percent eighty five to twenty five the
close and the Inzacs fifty gained eighty points point six percent.

Speaker 7 (11:16):
Thirty and a half thousand is the mark point five
six six.

Speaker 11 (11:19):
That's Chemi against the US point eight six eight five
against the Ossie point four eight six eight Euro point
four two eight one pounds eighty seven point ninety seven
Japanese en gold four thousand and ninety eight US dollars
break crude sixty two dollars and ninety one cents see tomorrow.

Speaker 2 (11:34):
Andrew Keller as Sure and Partners Cosking comic. First ever
issue of Superman sold over the weekend, discovered in a
California ratic, most expensive comic ever sold, originally sold for
ten cents, beautifully preserved deem the highest ever graded copy
by Heritage Octions. How much sixteen point two five million

(11:57):
dollars six twenty one. He refused talks the.

Speaker 1 (12:06):
Mike Asking Breakfast Full Show podcast on iHeartRadio powered by
News Talks.

Speaker 2 (12:11):
It'd be jeez, you've gone off on the Christmas decas
erased this with Ryan before six o'clock this morning, and
we become a kmart country. It's just cheap crap and
you can't buy any quality Christmas decorations. And of course
all of you have gone, oh, what about Valentine's. Yeah,
of course, so it used to be Kirk's, It used
to be Smith and Cowey, used to be Valentine's. Well
it still is Valentine's, but the department store is gone,

(12:32):
so you've all gone, what about Valentine's? What Aboutvalentine's? Then
comes in Ikedahuna Masson. That sounds very exotic, isn't it.
Ekeraitahuna Messon de messon in Ekedahuna wild roses entire happy.
So there you go, worth worth the road trip. So
you say Paisley's of Tawa. Donna says, I miss Kirks,
but Paisley's of Tawa. And then comes the Pista Resistance,

(12:53):
Perfect Tree Baubles, Mike at Valentine's and christ Church Waterford
Winter Wonder Babules six for three thousand, eight hundred and
twenty eight bucks. But on sale currently for three thousand
and sixty three. They're Keepsakes and Beautiful five hundred of
Ball six twenty.

Speaker 1 (13:12):
Five trending now with Chemist wears black frondy sale for now.

Speaker 2 (13:18):
Brooklyn Nets, NBA. Michael Porter Junior one of those guys
who says what he thinks, very says what he thinks.
We'll get a headline anyway. He says he considers himself
the carneo West of the NBA, that he takes advice
on how to treat women from Andrew Tait. All that
crap anyway, Then he rolls out the high school team
could have beaten a WNBA All Star team, and then
he goes, someone in the eighth grade could beat a

(13:38):
WNBA team. So it's that sort of stuff anyway. Sean
Mark's our old mate, Sean Marks. Of course in the Nets,
he's the manager of the Nets these days. He goes,
can you please stop and giving our team is currently
two and twelve, Maybe you should focus on basketball. But
then this morning a twist he has support who from
Sophie Cunningham, who's she Well, she's a rising star of
the WNBA.

Speaker 10 (13:58):
You're in that alle level group. Yeah, you should be
able to beat the girls. And like if women are
saying that, like you couldn't beat them, Yeah, he could.
It just depends how big they are at that age
and the majority of the time if they're going pro
unless you're a e lite bloomer, like you're already pretty big.

Speaker 12 (14:13):
I mean it's probably true. Like like I don't.

Speaker 10 (14:14):
Want to be unrealistic or delusional, Like men are just stronger,
bigger athletic, Like they just are a different build. And
so if you put them up against females of I'm like, wellgether,
They're gonna win.

Speaker 2 (14:27):
Uh They're so there we go surfay stage as bacon
maybe anyway, listen the A couple of things in Britain.
One is a report out this morning. Talked a lot
about this that I mean, obviously the budget's the big
talking point, but there's a report out this morning that
says that Britain's the most expensive place in the world
to build nuclear power plants. And on related matters, we've
got go on another one of these massive soul of projects.

(14:50):
It's a quarter billion dollars worth of investment and the
reports I'm reading is finally supplies starting to meet demands.
So We'll do all the detail on that later on
in the player.

Speaker 1 (15:00):
Them today, 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
dead been well.

Speaker 2 (15:13):
Rubio has been very bullish about the twenty eight point plan,
which I understand now to be down to nineteen. Anyway,
Catherine Field's been monitoring this forest and we'll go to
Paris very shortly. Meantime, at twenty three minutes away from
seven more signs of New Zealand and turn around. Our
job adds are up seven percent on a year ago,
best November since twenty twenty two. Sport and wreck are hot,
along with construction, tourism, in education applications perab though interestingly,

(15:34):
are also up. A Rob Clark, a six country manager,
enters back with us, Rob, morning, good minding my seven
percent at any other time year on year? Are we
starting to roll a bit here? Is that a good
number or we're still cautious.

Speaker 13 (15:47):
It's a good number we are seeing. I would describe
it as modest game. So that's the fourth consecutive month
we have seen a one percent increase, which gives us
a sort of three percent quarter on quarter growth. So
it's certainly a lot better that it has been over
the last couple of years.

Speaker 2 (16:01):
So there's no seasonality about it. See, I look at
tourism and go, we'll hold on summertime tourists. Of course,
the job adds are up. Is there anything that it's
a good point?

Speaker 3 (16:10):
Right?

Speaker 13 (16:10):
No, these are seasonally adjusted numbers.

Speaker 2 (16:13):
Okay, tourism over the summer, will that be a thing,
and therefore we'll see more of this. In other words,
can I feel good about these numbers?

Speaker 13 (16:21):
Well, you should feel good, you know, hostgown and tourism
obviously is a really important over the summer. But we've
also seen some good progress in other industries. Take it
for example, they've had a pretty torrid time over the
last couple of years, but they're now up fifteen percent
year on year, which is really encouraging in a good sign. Equally,

(16:42):
areas like construction, which also has been hit pretty hard,
up almost thirty percent year on year now.

Speaker 2 (16:47):
Right, So that's the sectors. What about the regionality? We
see much variation there generally.

Speaker 13 (16:54):
So so if we take the latest month, you know,
pretty consistent across the board. There's a couple of standouts.
One is, you know, the sort of Canterbury Otago Southland.
The area is rarely going well. You know, they're up
sort of in the vicinity of twenty percent in terms
of job add volumes year on year, so some really
good progress there, you know, good investment down there, with

(17:14):
some population growth, acceptors doing well, tourism on the rebound.
And I guess the other call out is Auckland, after
a couple of years of you know, declines, is now
sort of looks like it's a little more stable, increased
by one percent in the latest month, which is encouraging
at least.

Speaker 2 (17:30):
Good stuff. The applications being up, what's that tell you?

Speaker 13 (17:34):
It's still really competitive out there mic for job seekers.
You know, we're still seeing record levels of applications relative
to the number of opportunities, so it's still pretty tough
if you are looking for roles. Unfortunately, we are seeing
a bit more activity in kiwis applying for roles in Australia,
and that's just not unusual when we have an unemployment

(17:55):
rate that's higher than Australia.

Speaker 2 (17:56):
I'll tell you what I notice at the moment. Students
hard work.

Speaker 13 (17:58):
If you're a student, getting job absolutely really tough. You know,
personally I can vouch it out as well. And you
know we're seeing a lot of people taking multiple jobs,
part time here, part time there, really grinding it out
to find some work.

Speaker 2 (18:16):
Has the good people thing ever waned? I mean, and
from personal experience and various bits and pieces of my
good people still hard to find, always have been, probably
always will be. Is that fair?

Speaker 13 (18:26):
That's absolutely fair? Always the case. We always talk in averages,
of course, and you'll have some roles that there's a
plenty of huge number of talent available, but there's always
really tough areas which are hard to fill, more specialist roles,
fire skilled roles, typically in the sort of medical, space engineering,
those sorts of sectors.

Speaker 2 (18:46):
You feel good for twenty six or not?

Speaker 13 (18:48):
I feel better.

Speaker 7 (18:51):
I feel better than this time last year. Mate.

Speaker 2 (18:54):
Yeah, and you're a nice to talk Rob Clark, who's
these seek country? I feel better something. We'll take that one.
Matron's got this idea of a new voluntary military service plan.
Now you say to yourself, hang on, didn't you tell
me something about this the other day?

Speaker 13 (19:08):
Mike?

Speaker 2 (19:08):
Yes, I did, And that was in Germany, so you
can see what's happening there. More from Catherine Shortly nineteen
to two.

Speaker 1 (19:14):
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Speaker 2 (19:21):
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Speaker 1 (20:48):
Six five International Correspondence, squid ends and eye Insurance, Peace
of Mind for New Zealand Business.

Speaker 2 (20:54):
A Field morning to you, good running mate. Your observation
does peris through Christmas?

Speaker 14 (21:00):
Will Ah does it brilliantly? Mike Ah, you should be here.

Speaker 2 (21:05):
Well, I've never been to Paris at Christmas time, but
I have been to London. London v Paris. Who would
you call?

Speaker 14 (21:10):
Come on, there's a loaded question, of course, I'm going
to say.

Speaker 2 (21:12):
Paris, fair enough. So anyway, where are we at? Rubio's
in town has been and they're all there with coffin cove.
So we're down to what nineteen points? Where does this go?

Speaker 14 (21:23):
At the moment we really don't know if it's going
to go anywhere.

Speaker 12 (21:26):
Here's the problem, Mike.

Speaker 14 (21:27):
The proposal to end the conflict in Ukraine seems to
be roundly rejected. It's been put forward as a proposal
that came from the White House, then it seems to
have come from the State Department, then it is. And anyway,
it seemed that it was really Russia's proposal that was
a pretty much a take it or leave it along

(21:49):
the lines of an agreement which they put forward several
years ago.

Speaker 12 (21:54):
Here's the problem for Ukraine, Mike. Even if they agreed to.

Speaker 14 (21:58):
This twenty eight point plan, which is now nineteen points,
it would leave Ukraine with an unjust peace, which would
then of course not be a lasting peace because the
plan as it was put forward, restricted Ukraine from the
size of its own forces, restricted from joining NATO, and
of course it would lose large parts of its territory.

Speaker 12 (22:19):
So it really wasn't going anywhere. The problem now is
everyone's gone home.

Speaker 14 (22:24):
We're still waiting to hear what the Ukrainians are going
to respond to it, how the Americans are going to respond.
And of course the Europeans, they were completely blindsided by
this new plan that came forward. They scrambled to find
out what was going on. They have now pretty much
liked Ukraine. They've had to start talking nice again to

(22:46):
the US to try and bring them back from the
seemingly hardline peace plan proposals.

Speaker 12 (22:51):
So we've had the Germans.

Speaker 14 (22:53):
The French, and the United Kingdom the Brits saying this
peace plan cannot go anywhere. It borders, can't be changed
by force, you can't leave Ukraine week and anyway at
the end of the day, Mike, and this has been
the interesting thing is that now that Europe is actually
footing most of the bell for Ukraine, it has a
stronger voice in these negotiations. So what they're saying is

(23:17):
calm down, everyone go back to the drawing board. Because
even with these nineteen points. Everyone knows that the Russians
aren't going to agree to it.

Speaker 2 (23:25):
Now, this thing I alluded to a moment ago. Did
he steal this from Germany? So Germany is looking to
boost their standing army, they're going to have military service.
Is this the same thing that Macron's doing?

Speaker 12 (23:35):
It is?

Speaker 14 (23:35):
Nakron has sort of talked about it earlier this year, Mike,
what he wants to do is pretty much along the
same lines. Not a compulsory mountry service, but a voluntary
service aimed at people aged eighteen years and over.

Speaker 12 (23:49):
Instead of doing the sort of.

Speaker 14 (23:52):
Three or four years, it could look at someone doing
ten months service.

Speaker 12 (23:57):
Also, some people have even called it as sort of
summer job.

Speaker 14 (24:01):
If you like, you go into the military, you train,
you get paid. They really do have to do something
because they've got to get their army up to what
some sort of ten by twenty thirty reservers fifty by
twenty thirty five. You know, this sort of does reflect
what's going on in Europe's fears of what.

Speaker 12 (24:21):
Russia is up to.

Speaker 14 (24:23):
But it got something of a jolt in the armor,
if you like Mike. Last week when the most senior
military chief in France warned French mayors that France should
be ready to lose its children in the case of
a dispute with Russia in the next ten fifteen years.
So that's really got every one thinking, Wow, this is

(24:44):
really much more important than we thought it was. So
Macron may well adjust this voluntary service a bit, Mike.

Speaker 12 (24:52):
One of the theories that coming up.

Speaker 14 (24:53):
With is that they would just be used for duties
inside France, so would take over, say, duties of patrolling
Harrah's streets during terrorist alerts, things like that, as opposed
to having them serve abroad.

Speaker 2 (25:06):
All right, now was a pleasure, Catherine, catch up next week,
Catherine Field in France. By the way, just developing this morning.
This in a way was always heading this way, but
the fact that it's happened is another nail on the
Trump coffin. Judicially speaking, anyway, the James Coney Letitia James
Letitia James without New York, of course you know who
Coney is. Anyway, he rounded them up and he did

(25:26):
it in the dodgy way, and so a judges just
dismissed the indictments. Problem being Lindsay Helligan, who's the US
attorney on this one. She's only the interim US attorney
because the previous US attorney said, I'm not rounding them up. President,
We're not gonna it's not yet. So anyway, they got
let go and Lindsay got hired, and Lindsay rounded them up,

(25:47):
and the appointment of Lindsay is invalid. So we'll see
what the White House has to say about that. Ten
minutes away from seven.

Speaker 1 (25:55):
The Mike asking Breakfast with the Defender and news togs.

Speaker 2 (25:58):
Dead b Morning, Mike, Christmas decorations Riverstone Wi Matti, See
we are getting this low.

Speaker 15 (26:03):
Why haven't it just getting like a packet of crape
paper and cutting it up into streamers and putting that on.

Speaker 2 (26:10):
No, okay, do you use the colored sand as well
at your place to eglint? Now here's a guy. Now
this is the lesson. So there was a weird poll
out yesterday on It was so weird I barely even
read it. But the inference was that we if we're
going to deal with the CGT, you know, labor party
capital gains tax, we really want it post inflation. So

(26:31):
in other words, not the profit on the house from
the point of time of purchase, but we want it
post inflation anyway. My point. So basically, this thing's going
to blow up in their face and the election you
mark my words. Anyway. So this morning the Business Secretary
in Britain, Peter Kyle, is on the television. He's going
people are leaving Britain and drives, this is a growth emergency.
He is worried that entrepreneurs were leaving in quote unquote Drives.

(26:54):
He would not duck the impact of higher tax burden.
So he even he recognizes and of course we've got Thursday,
we've got the UK budget and that's going to be
a disaster. Even he recognizes the problems of higher taxes.
It's the shame the Labor government to or the Labor
party here don't understand that five minutes away from seven,

(27:17):
all the ins and the outs.

Speaker 1 (27:19):
It's the fizz with business Faber, take your business productivity
to the next level.

Speaker 2 (27:24):
The good news is we've got all of twenty twenty
six to talk about it. Okay, Americans on the road Thanksgiving,
Airlines predicting another record shutdowns over the planes already are
no cost of living crisis here. Between last Friday and Monday,
December one, they're expecting thirty one million people. American airlines
alone are going to put on almost eighty one thousand flights.

(27:45):
Busiest day Sunday after Thanksgiving, with about three point four
million people on the move three point one million the
Monday after Thanksgiving. So bottom line is that bank, Yes,
it is Bank of America. They say the big network
airlines are going to be pulling in between two hundred
and sixty and three hundred and fifty mins just for
the Thanksgiving period. The smaller airlines are going to pull
in about one hundred and eighty million just Thanksgiving. Bookings

(28:06):
for international trips are also up ten percent on last
year for the holiday period. That, by the way, is
a record. Now, yesterday's story that we've got this warranty thing,
didn't it get It got announced several months ago, didn't it?
The government said, what we're doing is we're changing the rules.
You don't need a warranty. So I don't know what
yesterday was about. It was just sort of a reiteration

(28:27):
of what they'd already announced. Anyway, do you realize you're
going to need a warranty When you build a house,
You're going to need a warranty And that's going to
be zero point five percent? Was it funny of me? Yesterday?
I was watching lux and speaking of all this, he
made the announcement at the opening of a lorreol Lorrel warehouse.
And Lorel supplies quite expensive stuff. And when you see

(28:47):
it in a department stop, you go, oh, that's flash
that's flash stuff Loril from France. When you see it
in a warehouse, all packaged up, nine million individual bits
of it, all cellophane together, stuck together, up side down,
and you think, not quite so sophisticated, is it in
a warehouse? I wonder what the markup is from that

(29:08):
in the warehouse to the time it gets all polished
and shining on your department store shelf. My just Boseete's business,
isn't it? Anyway, we'll talk about this warranty business and
then we'll talk to the head of this COVID inquiry.
What's going on here? There's a lot of resignations. Is
there something suspicious to be talked about? More later?

Speaker 1 (29:27):
Credible, compelling, The breakfast show you can't bess it's the
Mic Hosking Breakfast with a Vita, Retirement, Communities, Life Your
Way News, togs Head been.

Speaker 2 (29:37):
Seven past seven, So we've got more detail on the
government's reorganization of construction warranties coming for all new homes
and renovations over one hundred thousand dollars. They'll cover you
for one year defects, ten year structure, all the bills
about half of a percent of the total build price.
Karl Taylor is the CEO of Combined Building Supplies co
OP and is with us. Carlganborning, Good morning, Mike.

Speaker 3 (29:56):
How are you?

Speaker 2 (29:56):
I'm very well? Indeed, is this affixes this the problem solved?
Do I never have to interview you about problems like
the civil Again?

Speaker 9 (30:04):
Look, I think it's the start of solving a problem.
The biggest issue we have from an organization is that
we've only got three players in the market, and only
one of them.

Speaker 1 (30:12):
Is truly independent. So I'm quite.

Speaker 9 (30:15):
Fearful that we're naturally going to create a unintentional monopoly
in the due course when this happens.

Speaker 2 (30:22):
If you were going to do that, and we saw
us doing that, why wouldn't somebody into the market or
offer an alternative if it's there to be had.

Speaker 7 (30:32):
The market work.

Speaker 9 (30:33):
Yeah, the problem is we're not big enough for this
We've had insurance here before and they've left the country.
We're just not a big enough country to warrant. However,
we're currently talking to insurers as well and trying to
get some more here. We just need some more competition
around this space. And not everyone wants to become a
member of an organization. So if you look at a

(30:53):
smaller builder, he may not want to join an organization
just to offer a guarantee. So we need to be
able to offer them more choreoice than the one that's
currently available that's independent.

Speaker 2 (31:03):
How much of this is about cowboys in the marketplace
and solving that particular problem.

Speaker 9 (31:10):
Look, as business owners, I think we've all had dare
I say, mongrel clients. We've all had those, and a
product will certainly help that. And there are some cowboys
out there, but the majority of the industry are just
good operators and not much will change with that. But again,
we just need more choice in this market.

Speaker 2 (31:30):
And how does this stub tailing with the master bill guarantee.

Speaker 9 (31:35):
Well, there's only one product of three, so again I
don't want to speak about anyone else's product, but they
all have they're positive and negative. I think most of
them have probably more their negatives at the moment from
what I am led to believe in what I'm told.

Speaker 2 (31:51):
Here's another good question from a listener is the new
building warranty, does the person who made the mistake fix
it or do you get to choose the person to
fix it for yourself?

Speaker 9 (32:03):
Apparently at the moment, from my understanding, with the current
products in the market, you don't get the true to
pick your builder, like any insurance policy. But that's that
stuff at all. There's a lot of unanswered questions around this,
which is why we're sort of starting to voice some
concern around it.

Speaker 2 (32:19):
Okay, so give me your pricy. If your magic won
this one, where are you at with it? What do
you want done? And if you do all of that,
are we good to go.

Speaker 9 (32:29):
Look, I think like any other insurance like car insurance,
house insurance, you need more players. You need at least
five or six choices. We don't have that at the moment. Again,
this doesn't come out until it doesn't come into Laura
until twenty seven. We've got time to.

Speaker 3 (32:44):
Get it here.

Speaker 9 (32:45):
At the moment, there's just enough choice.

Speaker 2 (32:47):
Good stuff. CUP appreciate the insight. Carle Taylor, who's the
CEO of the Combined Building Supplies co OP. So that
was worthwhile. Actually, ten minutes past seven, I'd say I
wasn't anticipating he was going to be good, because I was,
but he was better than I actually thought he was
going to be Anyway. You might remember the government created
a Social Investment Fund, started with one hundred and ninety million.
Fifty of that's about to be handed out. We've got
seven programs covering kids from newborns to adulthood are covered

(33:10):
in this. Nicola Willis's the Minister for Social Investment and
is with us. Good morning, Good morning mate. The demand
vsupply curve, you've got a lot more demand than you
have supply.

Speaker 16 (33:21):
That's right. But we've also got a government, over successive governments,
that spends billions of dollars trying to intervene to stop
people having bad lives. Hasn't been very successful at it
in many cases, hasn't used data enough, hasn't contracted well.
We're taking a completely new approach, using data, measuring outcomes,

(33:42):
holding organizations accountable for their results, and if we prove
that it works, then we scale it up.

Speaker 2 (33:48):
How confident are you sitting here this morning that it
will work materially well.

Speaker 16 (33:53):
With each of these groups. The first thing we've done
is say who are you going to target? That's not
always the case in government contracts, and we've narrowed it
down to three groups who we know intervening really really
makes a difference for that's kids whose parents have already
or have recently been in jail, kids whose parents have
been in the orring and tamariki system, and kids have

(34:13):
been stood down or suspended from school before they're thirteen.
We know that those kids, if you inter being early,
you can make a big difference. The second thing we've
done is we're working with organizations who are prepared to
be measured on the outcomes that they get for every
person that they're engaging, and we're using a comparison data set,
so they're prepared to be compared with, well, what happens

(34:34):
to kids who aren't working with your organization, And we're
going to work with those organizations to monitor it. So
I'm confident we will have much better information about what
we're actually getting for our money with each of these programs. Now,
there is a risk, Mike, that one of them doesn't
actually deliver what they thought they would or said they would.
The good thing here is the data will tell us that,

(34:54):
and we'll say, okay, well that's that contract. We won't
be renewing that in future.

Speaker 2 (34:58):
Will we? How depress should I because in reading about
it yesterday, I'm matting up the number of kids one
twenty two hundred and two hundred and four to fifteen
one hundred and I know this is just early days,
but it's eleven hundred Dish kids in this country. How
many kids are there in this country that need interference
from the state to sort their lives out because they've
been born into dire circumstances.

Speaker 16 (35:18):
Well, I would say that that number would be in
the thousands. What I'd say is that there are also
interventions on a small scale that can be effective early.
So let's think about this. If you put thirty five
thousand dollars into a child early, you sort them out,
you're going to save yourself, not only the hundreds of

(35:39):
thousands you could spend on boot camps and prison sentences.
You're going to save the impact to society that occurs
when they victimize other kids. But actually, these are children
who are perfectly capable of being contributing citizens, of having
good jobs, of paying tax, of contributing to their family
life and their community life. So I think every child

(36:00):
who we turn around effectively with an intervention that works
as a child worth working.

Speaker 2 (36:06):
For good stuff, go well, Nichola Willis it is let's
call it thirteen past seven, which could ask get quickly
on the Trump thing, Comy Letitia James, which is breaking
about half an hour ago. I agree with mister Comy
that the Attorney General's attempt to install Miss Halligan as
interim us Attorney for the Eastern District of Virginia was invalid,
and because Miss Halligan has no lawful authority to present

(36:28):
the indictment, I will grant mister Commey's motion and dismiss
the indictment. So he's dismissed that for now until I'm
assuming they find somebody else with legitimate status. And that's
before we get to the mess. Domestically, back home at
Wellington Water, reliance on consultants and contractors external communications contractor
one point three million dollars in communications budget. A budget

(36:48):
of one point three million dollars last year was nine
hundred and twenty one thousand, so it's gone from nine
twenty one to one point three million dollars just Wellington Water,
just to talk about water, just to pr just to
spin it, just a corporate parasit it done really fourteen past.

Speaker 1 (37:04):
The High Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks at.

Speaker 2 (37:10):
Be Genesis go on the solar energy turn in thirty
six million. This is near Edgecomb the edgecumb solar farm projects.
So that's almost thirty thousand homes a month the second
half of twenty twenty seven. They're paying for it themselves,
which is quite good given that's turn in thirty six million.
They will capital recycle. Other parties get involved at a
later stage. So that's interesting. But if you want to

(37:32):
and I'm increasingly fascinated by what we're doing in this
country with renewables, not just because they're renewables, but because
we don't have enough power to turn the lights on
gom you know. And that's before we get to the
data centers and all the other AI stuff. Anyway, Simpson Grierson,
they do a thing called the Energy Outlook twenty twenty
five and they said that's one of these big market
leading reports that sort of had his no over arching

(37:54):
view of what's going on. Anyway, the latest report, which
is well worth looking up and reading, international invested confidence
has reached its highest level since twenty nineteen, so that's good.
I don't think the government has said so explicitly, but
I don't think the two hundred million skin in the
game thing they did with oil and gas is working.
I just don't think the world is out there going,
oh yeah, well that's not going to that'll change again

(38:15):
when labor get back in. If labor get back in,
so why would we take the risk. I don't think
that side of the equation is working, but it does appear,
according to this report to be working in terms of
renewables and international money, so the highest level since twenty nineteen,
so that's encouraging. Torrents they call it their word, not mine,
a torrent of regulatory reform that we've seen in this
country that's beginning to deliver results. New Zealand is a

(38:38):
testing ground for emerging energy technologies utility scale solar, battery storage,
and distributed energy systems. That all seems to be going well.
They're bullish on the Fast Track Approvals Amendment bill, so
that looks good. So in other words, things are coming right,
and if you go into the report and I can't
remember what their specific terminology was, but the alert that

(39:02):
Transpower puts out in the middle of winter when we
don't have enough power, they do that whole tomorrow morning
could be a bit dodgy. Those there were eleven last year,
there's won this year. So it's gone from eleven to one.
And that's about demand and supply. Demand hasn't gone down,
but supply has gone up, so that's encouraging. So it
would appear that at long last that the renewable, the investment,

(39:23):
the bringing of product to market is actually starting to
work and we are actually solving our problem, and the
rules are changing. The world is looking the money is
flowing and we can almost fingers crossed, say we tick
that box. So we'll take that. Seven twenty.

Speaker 1 (39:41):
The Mike Hosking Breakfast Full Show podcast on iHeartRadio, part
my News Talks EP.

Speaker 2 (39:49):
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to four, our regular listeners will be aware of my

(40:56):
ongoing angst over the banks and whether or not they
are legit players in our marketplace. Now the Reserve Bank
this week in one final stab, this year will most
likely cut the cash rate again, which will leave it
at two point twenty five percent. Now, the Cooperative Bank
last week claim they're the only ones who are fully
passed on the cash rate cut so far. In fact,
as of the current cash rate, which is two and
a half percent, they have cut their floating rate three

(41:18):
point one percent against the cash rate fall of three percent. Now,
on the surface, if their claim is correct, that would
back up the broad based argument that retail banks are
creaming it and things need to be done about it. Certainly,
the bank margins remain high, and as of a couple
of weeks ago when the banks were reporting, they reported
their margins were in fact expanding. Now counter to all

(41:39):
of that is the Cooperative Bank themselves. If what they
say is correct, good on them. But what does that prove.
It proves as competition, doesn't it. It proves that the
market is dynamic. It proves that if you see their
claim and think to yourself, oh, hold on, how come
I don't have a deal that good? You can, in fact,
have always been able to chain banks. So in offering

(41:59):
the inferring a lack of competition and competitive behavior, do
they not to aggreciate themselves on the foot. Further, I
think it's fair to suggest that in reference to the
floating rate, not many people generally are on the floating rate,
and even if you have a few at the moment,
you know, waiting to lock up when a final cut comes.
The overarching theme of New Zealand lending generally is one
of fixed rates. So perhaps a better example would be

(42:22):
what the competition is like around that part of the
market that is most used and therefore I'm assuming the
most competitive. So you can see my dilemma here, my
ongoing issue. I can find you examples of banks behaving,
if not badly, at least suspiciously, thus giving weight to
those who argue oligopolies. But I can find examples of good, clean,
open competition where deals are to be done. So once again,

(42:44):
the simple question was seemingly no solid answer. Who is right, Mike?
In regards to energy, how much of that was due
to the lakes being full? No, that's a very good question,
it's a relevant question, and several of you have texted that.
But these reports, these big overarching reports, a look through
through that. They talk about dry years and difficult years
as well. So, in other words, do we have enough

(43:04):
reserve resource to cover off the difficult years. I think
this last winter has been fine, But their bigger picture
than that. So what I'm saying is overall, because that
goes back to Onslow, of course, and the adourn thought
bubble that would go and dig a big hole in
the ground and just keep it sitting there at the
tune of thirty odd billion dollars just in case. But
these reports do paint the picture that even in a

(43:25):
tough year, we still will have enough resource. So that
but it's a fair question, Mike. This is fifty one
percent by the government. Why not have incentives for domestic solar.
You don't want to go down that track. Read as
much as you can about what's happening in Australia to
a lesser degree in the UK. But Australia's gone down
that track and they got trapped. So they incentivize people
to do all sorts of things with solar. I argue

(43:48):
they sucked them in. They said, put some solar on
the roof, and I tell you what, when you feed
it to the grid, will pay you money. Then of
course everyone did, and then they said, oh I got
some spare solar power. For you, and they go, actually,
we've got too much solar power there. We're not going
to pay you any money at all. They're now at
the point where they go, hey, have you got some
extra solar power? Oh cool, we'll charge you for that.
So it's gone from we'll give you money to no

(44:08):
money at all, to you can pay us. So don't
get sucked into that. The moment, and I tried to
start this at the beginning of the show, The moment
Government's Jerrymanda markets You are in deep, deep trouble and
often governments don't know how to get themselves out of it.
Right COVID the inquiry, a lot of questions, will talk
to the man in charge.

Speaker 1 (44:27):
No fluff, just facts and fierce debate the my Hosking,
breakfast with the defender, Embrace the impossible news, togsad Bey.

Speaker 2 (44:36):
Three minutes away from a right to the COVID inquiries.
Who mentioned yesterday Britain's when completed or Britain's COVID inquiry
has been completed in the findings of damning and one
of the major suggestions was lockdowns may nots have been
needed if the government had their act together. Problem with
ours is we keep getting resignations labors being executive director
Andrews Sweet Grant Illingworth k C is the chair of
the inquiry and is with us.

Speaker 7 (44:57):
Good mornings, it's good monning.

Speaker 2 (44:59):
Make do you have to two any resignations.

Speaker 3 (45:02):
No, we've got a situation where we have a delivery
deadline of the twenty sixth of February. We've got some
very very talented people who have been with us most
of the time.

Speaker 17 (45:17):
They've got to.

Speaker 3 (45:18):
Find employment for when we finish our job. And it's
perfectly natural that we've got a bit of turnover at
the moment.

Speaker 2 (45:26):
Are they turning over or leaving because they haven't enjoyed
the experience or they have problems with the experience?

Speaker 3 (45:33):
Well, there's nobody in the past several months who has
expressed any view that they are leaving it because they
haven't enjoyed the experience.

Speaker 2 (45:45):
Why did internal affairs suggest that there's been some staff
problems and some problems have been raised with them.

Speaker 3 (45:54):
Look, in every organization you get people bumping up against
each other. We have a new team. Trying to get
everyone into their right lanes is not always easy. But
we have had the incredible fortune of having people who

(46:14):
are just so skilled in the areas that it's very,
very impressive, and overall the staffing issue has not been
a big issue at all.

Speaker 2 (46:27):
Helen Potarchy left after five months.

Speaker 3 (46:30):
Why look, helenson'titled to her privacy. I've had discussions with
her and have agreed not to comment on her decision.
You're perfectly welcome to contact if you wish.

Speaker 2 (46:44):
It just goes sort of against what you're saying people.
If she'd say, look, I'm leaving. I'd love to stay,
but I'm leaving because I've got to go find other
work after this, you know it wouldn't be. It just
seems to me that we've got issues here, and all
I'm interested in is why have we got issues? And
are the issues holding up the overall inquiry.

Speaker 3 (47:02):
Well, I'm looking about the current situation. The current situation
is that a couple of people have been offered very
good jobs and they're leaving for that reason. There is
no big drama within the organization, and indeed, we are
well on top of the task that we've been given

(47:22):
to do. We expect to be able to finish the
job on time, within budget, which is possibly going to
be a record for a raw commission of inquiry in
New Zealand.

Speaker 2 (47:34):
Why did Andrew Sweet leave?

Speaker 3 (47:37):
Look, you can talk to Andrew. He's made a public
statement about what he wants to do again, it's not
my business to set for him. He is a delightful character.
He came in at a time when things were under
a bit of pressure. He managed to get things on

(47:58):
track in a way which was incredible impressive, and we
have you know, he's been a person of great value
and he's moved on to another opportunity.

Speaker 2 (48:09):
See how long is this whole process in total grant
from the day you guys started to the day you finished.
Let's say you're finishing Foebury next year. How long is
this whole project?

Speaker 3 (48:19):
Well, I was appointed as a commissioner in phase one
at the very end, so I'm in a slightly different posies.

Speaker 2 (48:28):
And I understand that. But how long's faced too? How
long's you know? COVID inquiry two point zero? How long
does it last? Beginning to end?

Speaker 3 (48:35):
From the beginning is twenty nine November last year end
is twenty six February. So this coming year a year
and a bit.

Speaker 1 (48:44):
Yep.

Speaker 2 (48:45):
Yeah, that's a lot of resignations for if you're taking
on a job that's only lasting a year. That's a
lot of resignations within a twelve month period, isn't it.

Speaker 3 (48:53):
No, it's not not when you consider the people involved,
the opportunity, so they have the contributions they make. It's
a lot different from the inside down from the outside.

Speaker 2 (49:05):
Well, that's why we've got you on. I'm trying to
look at it from the inside. Something's going on. And
if you ring me up grant and go make twelve
month job, come and help us sort COVID. I'm all
in and I'm in for the twelve months because I've
made a commitment. Not so we'll see how we go,
and I might quite after five months doesn't ring true
to me?

Speaker 3 (49:23):
Well, it matters not whether it rings true to you,
it rings true to me. I'd been there all the time,
and we haven't had a situation where things where the
wheels are fallen off. Quite the opposite. It's started off
with some meeting this in terms of where we were
going in our timeline, because frankly, we had to learn

(49:48):
as we went. But things came right very early in
this year and have gone well ever since. It's a
high pressure job because we'd doing a massive Inquiry within
a very short space of time. When you compare what
we're doing to what other inquiries that have done overseas,

(50:11):
I mean, if you ever look at if you ever
look at the UK inquiry, we are very small.

Speaker 2 (50:17):
Indeed, does it did? I take it you've looked at
the UK Inquiry? Could you conclude something similar to what
they've concluded, and that is that lockdowns weren't needed.

Speaker 3 (50:26):
They haven't concluded that.

Speaker 2 (50:28):
What I read over the weekend, they seem to conclude
that very clearly.

Speaker 3 (50:32):
Well, you've concluded, you've read it wrong. The situation there
is Baron Baron's Hall has said that they should have
acted more urgently at the beginning, much more urgently at
the beginning. They took it very casually, and they should
have established things like masks and spacing and all the.

Speaker 13 (50:55):
Rest of it.

Speaker 3 (50:56):
And if they had done that, it might possible have
eliminated not needed. It might possibly have done that. I
personally find that difficult to accept.

Speaker 18 (51:10):
But when you compare, when you compare that to what
happened in New Zealand, they had twenty six thousand deaths
between March and April.

Speaker 19 (51:22):
In early twenty twenty, we had one, Yes, and over
the whole of twenty twenty, our total deaths.

Speaker 3 (51:33):
Attributed to COVID were twenty five. So you're just not
talking any You're not making a sensible comparison if you
try to compare what happened here with what happened.

Speaker 2 (51:44):
There, even though we locked down it exactly the same day,
in fact, almost to the day we locked down at
the same time we did, but.

Speaker 3 (51:51):
We did so in different circumstances and for different reasons.
And by the way, I'm talking out a turn because
faith service not not reconsidering twenty twenty. We've got a
different focus, which is twenty twenty one, when our government
faced so very difficult decisions as Delta arrived, Auckland lockdown.

(52:16):
How long do you keep the lockdown going for all
of these things matters that we've looked at with in
intense detail over the past few months and or will
be revealed when our report comes out the beginning of
next year.

Speaker 2 (52:33):
And I appreciate your time. Grant Llingworth, KC. What do
you make of that? Seven forty five.

Speaker 1 (52:42):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks at B.

Speaker 2 (52:49):
I found that really interesting and as it turns out,
so did you. By the way, Brooklyn Belden doesn't want
to talk, which I found also interesting and for no
particular reason. We just rang in sending you guys no thanks,
and I thought, hmm, because she's normally quite keen to talk. Well,
now we know what the COVID inquiry personal opinion is
being led by. Don't we not exactly sounding unbiased? Mike?
This guy hasn't given me a good feeling about what

(53:10):
the outcoming of the inquiry is going to be. Mike,
this guy is the problem people resigning. I think it's
going to am I being unreasonable on that when somebody
rings you up, when the governor of the day rings
you up and goes, we've we've got a twelve month
deal here, we're looking into COVID. Are you win boots
and all? I mean, you're committing, aren't you? I mean
to do it for a couple of months and then
just sort of go, I've got another job. Now there's
something not quite right about or am I old fashioned?

(53:32):
You can imagine how this report's going to look Mike
Whitewash Mike, COVID inquiry doesn't pass the sniff test. A
simple solution, Mike suggested the gentleman of the condition of
appointment to any future inquiries to stay until the completion.
I would have thought that went without saying. But as
I say, I might be old fashioned, Mike. Maybe this
guy's the problem. As usual, Mike, blah blah blah blah
from this guy. Mike, the head of the inquiry seems
incapable of saying a bad word about anybody. What an

(53:55):
obstructive old bastard? Oh you or him? I don't know, morning, Mike.
The problem is that guy ten minutes away from eight.

Speaker 1 (54:08):
The Mike asking breakfast with Bailey's real estate news talks.

Speaker 2 (54:11):
They'd be gone away from what cost of living? Crissis?
How about our obsession with pets. We're now spending one
point eight billion a year on them. That's insurance, food, grooming, daycare,
and luxuries. New niche businesses are booming from boutique pe stores,
are portraits, portraits, physiotherapy. Mark Betty is a founder of
Dogs In and is with us Mark Morning. Yeah, Mike,
don well, thank you? Is this new issuer of we

(54:33):
always been obsessed spent big money?

Speaker 3 (54:35):
Yeah?

Speaker 13 (54:36):
No.

Speaker 20 (54:36):
I think it comes down to the why and the
why is that the bonding hormone oxi dosin. You know,
we have the similar levels of oxydocin as we have
between kids and ourselves, and so of course that bonds
us of course of juvenilized cats and dogs, so they've
come much more childlike and so you know, it's really

(54:56):
a surrogate parent child relationship, and so that's what drives
us to spend you know, about a thousand and two
thousand for a dog and about a grand for a
cab a year, you know, so you're talking about you
know about and for a human it's more like fifteen
to twenty thousand per child, so it's probably somewhat relative.

Speaker 2 (55:18):
Yeah, that's would most of that stuff be though, once
you take the food and the grooming and stuff out,
which is necessary, it would insurance be the killer. I mean,
there's a lot of that insurance because that's expensive.

Speaker 3 (55:31):
Yeah, it can be expensive.

Speaker 20 (55:32):
Although you know when you had a friend who had
a cruciate ligument operation for ten grand the other day,
so probably insurance isn't stupid. So you know, in course,
the medical system in the animal world is not subsidized
like the human one, so it costs probably more to
do healthcare and animals. But yeah, there's definitely a push,

(55:53):
you know for those who have the money to spend
on what i'd call wants rather than needs, and I'd
like to see them focus more on the needs and
make sure they get what they need.

Speaker 2 (56:03):
The luxuries, the luxuries that would be a city thing.
I mean, you know, I spend part of my time
in the country and there are no luxuries. And dogs
in the country. I mean, they're they're working animals, and
you know they're normally treated. As you get to the city,
we all go nuts.

Speaker 20 (56:17):
Correct, Yeah, yeah, I mean, and then it's also you know,
in they have a socioeconomic you need look the figures
and you can see who's spending the money and those
who have got the money. And but at the end
of the day, you know, as I said, we do
see them as their children, particularly people who don't have children,
and they're they're surroh good children there.

Speaker 14 (56:36):
You know.

Speaker 20 (56:36):
It's quite easy of course to want to spend and
and looking after and even spoil them. And that's okay
to a degree. But yeah, you folks on the folks
on the needs, right.

Speaker 2 (56:47):
Good advice, Yeah, exactly, good advice. Mike, nice to catch
up make Betty, founder of Dogs in So the next
question is do you buy your dog Christmas gift? So
that's the next question, isn't it because it's stupid questions.
It's stupid because the dog doesn't know it's Christmas and
it's not interested in the Christmas gift.

Speaker 15 (57:05):
And certainly he's interested in the Christmas gift. Don't worry
about it that if he's not interested, you even bought
the right gift.

Speaker 9 (57:11):
Do you?

Speaker 2 (57:11):
I reckon? So you so obviously you've given yourself away
with your cockadoodle do and so you buy it.

Speaker 15 (57:16):
Also, Yeah, I know, I completely disagree about It's on
the same level as your kids.

Speaker 9 (57:20):
I like my dog.

Speaker 2 (57:20):
Way more than the kids.

Speaker 21 (57:22):
Yeah, agree, the whole different league.

Speaker 2 (57:24):
Yeah, they fit in completely differently. So do you do
you wish your dog a happy birthday? And we did
this the other day, wish our dog a happy birthday,
and they just look at you the same way they
look at you. I could be going poos and they
look at you the same way as if you say
have a birthday, don't they there's no different yet you're
doing that and then you buy them a Christmas gift
and you're surprised. They don't want to unwrap it. They'll

(57:44):
sniff around it, and if it's something to eat, they'll
eat it, and if it's nothing to eat, they won't.
It's how dogs work, Mike. That case has no time
for stupid questions and incorrect comments, does he. That's where
the interview got a bit pointy, didn't it, Mike. He
sounds like he's already made a decision obviously wants to
influence the people employed in the inquiry. I got that.

(58:05):
I mean, I won't go down the second part of
that statement you make, but I get the impression that
he's already sorted out what's going on. And I don't
think we need the rest of November or December or January.
But you know, who knows it just had that vibe
about it. The interview confirmed you're a bit of a twat, Mike.
Thanks very much. Now, Tom Bewley, we had him on

(58:30):
the program before and he's had a great season behind
the behind the wheel of the Porsche and he's done
well in Australia and next step we can reveal exclusively
this morning he's gone to one A scholarship, so he's
in the career series here he'll explain all of this.
But if you watch the supercars, you'll often see the
Porsches racing around. That's where he's going to be next.
So that's the next step up the old motor racing ladder.

(58:52):
And so a good catch up with Tom Buley and
a couple of months after the news here on the
Mike Oleskiing.

Speaker 1 (58:57):
Breakfast asking the questions others won't the mic asking breakfast
with Bailey's real estate doing real estate differently since nineteen
seventy three News togsad B.

Speaker 2 (59:14):
It is seven minutes past eight. Timeoud to catch up
with Tom Buley. He's been competing this year in the
Porsche GG three Sprint Challenge Series in Australia, finished third
with four wins and a couple of lap records. Next
step he has won. We reveal this, I think exclusively
this morning. He has won the Porsche Scholarship to take
the next step and compete in the Career Cup next year.

(59:35):
And Tom Buley is, well, it's very the morning. Nice
to catch up with you.

Speaker 21 (59:38):
Good morning, how are you very well?

Speaker 2 (59:39):
Indeed? Take me through this past season. Have you enjoyed
it hasn't been successful? Did you live your dream.

Speaker 21 (59:45):
Yeah, definitely always living the dream racing and definitely across
Australia for the first time. It was an up and
down yere definitely. It was my goal going into the
year was just to learn how to drive that style
of car because there's something completely different to what I've
been used to, so just kind of get up to
speed and I feel like I did that pretty quick,
but just some rough patches during the season kind of

(01:00:06):
cost me those championship points and I just couldn't get
it back by the end of the season. But yeah, overall,
I think I was pretty happy with the season. I
made some good games with myself driving and on track
and off track.

Speaker 2 (01:00:17):
So overall, given you've been racing pretty much your whole life,
you start and catch, you go to the Toyota eighty
six ers and stuff, what is it as a driver
you are still learning? Is it just the car or
is it racecraft as well?

Speaker 21 (01:00:31):
I think you're always learning racecraft because you're always racing
new people and that's going to be a big thing
for me next year and even this year just moving
up in New Zealand is such a small country, so
you're always racing the same people through to carts cars.
When I went to Australia, there was a whole lot
of new people and that's going to be the same
next year with people that I've never raced before. So
just learning how they race and adjusting to that, and yeah,

(01:00:53):
I think that's a big part. And also off track
you learn how to talk better like these and yeah,
just get used to different things, and obviously always learning
about new cars because every car you're go into there's
obviously a lower adjustment.

Speaker 2 (01:01:06):
Is there a change in the car for next year
than you've had this year?

Speaker 21 (01:01:11):
Yeah, so they've actually gone back to ABS for next
year in the new cars all around the world. Yeah, yeah,
so anti lock break system, So yeah, that's gonna definitely
make the field closer, might be a bit harder to pass,
but yeah, I've had a little bit of experience with
it in Shired eighty six. But yeah, so during a
whole year of learning no abs and a car and

(01:01:33):
then going back to it, so I mean pretty.

Speaker 2 (01:01:35):
You're gonna be overly reliant in the sense when you've
got no ABS, you've got to work the pedal in
a way that you're not gonna lock up, whereas abs
will help you out with that, won't it. Yeah, do
you think you've become overly reliant on that then and
just slam it on?

Speaker 21 (01:01:51):
Yeah, definitely. I think this year driving no abs will
definitely help me for next year. Even though you've got abs,
you still try drive and keep that break shape the same.
It really you know, helps breaking for performance and obviously
the cart in turn. So yeah, it's gonna be hard
going back and like learning a whole new thing this

(01:02:12):
year and then changing it all the way back, but
it's definitely gonna be call experience going back into it,
and then everyone's in the same playing field next year,
so everyone's in that new speck with the breaks, So yeah,
it's gonna be gifting back at.

Speaker 2 (01:02:25):
The scholarship you've got. What's it mean to you?

Speaker 21 (01:02:29):
Yeah, it's pretty incredible. And with that being with the
Elbama Mosport and team Portion's ellm it's the incredible experience.
So being back with him for another year, really honored
to be with him obviously, and with you know, kind
of following his path through He's doing some amazing things
and am Zone would Endurance Challenge and stuff. So yeah,

(01:02:50):
trying to go where he his path went, and obviously
he's doing some amazing things.

Speaker 2 (01:02:55):
So yeah, he's and apart from anything, and he's a
hell of a nice guy.

Speaker 21 (01:03:00):
Yeah, he's an awsome guy. And he's just one phone
call away as well, So it's just easy to go
on the phone if I'm struggling with something and need
to need him to help out. He's always just a
phone call away.

Speaker 2 (01:03:09):
So the interesting thing about motorsport you'd understand that better
than most people, is there is actually just we all
think about if one at the moment because of Liam
or the supercars over you know, so that's it. But
there's a world of motorsport out there, with a world
of different cars and opportunities and competitions and stuff. Isn't
there if you want it?

Speaker 21 (01:03:27):
Yeah, definitely, there's there's a whole lot of different paths
and you know, there's people going down the open well
kind of way through Indy Car or F one, and
then there's obviously supercars. But I'm trying to go to
Europe and race and sports cars like the World Endurance
Championship or MZA and stuff like that. Like what Earl
was doing. Why I know, I just I just like

(01:03:49):
being different, I guess, But no, I think Supercars. I
grew up watching. I loved it and so did f one.
But I don't think if one was a path of me.
I think I like, you know, having those doors and
you know, getting a bit aggressive with it like they
do in supercars, but then just having that next steven.
My goal is to be a Porsche factory driver in
the world, So.

Speaker 2 (01:04:10):
You would you would jump supercars in that sense if
the opportunity camp. So you like to go from Porsche
to Porsche basically, yes, definitely. Really what is it about
something about the Porsche? It's that kind of car.

Speaker 21 (01:04:21):
I just think I'm always just like endurance racing and
racing around the world. It's just a whole different style
to it supercars. It's pretty awesome. But yeah, I just
want to try and make that next step. I think
supercars is at at the top for Australia, but I
want to be at the top for Europe.

Speaker 8 (01:04:37):
On you.

Speaker 2 (01:04:37):
So, the endurance thing is that like running. You know,
some people sprint and some people want to run ten thousand,
some people want to do a marathon. So there's a
skill associated with being fast over a long period of time.

Speaker 21 (01:04:50):
Yeah, endurance racing is not all about being fast. Obviously
you've got some sometimes three or four other drivers in
the car seeing the car with you. So it's not
all about being fast, it's just about being consistent, saving fuel,
saving tires so we've got the best chance at the
end of the race.

Speaker 2 (01:05:07):
So it's what Hartley does, of course, Yes, at the
highest level.

Speaker 21 (01:05:09):
Yeah, exactly. So it's a whole different style of racing,
and obviously you've got to rely on teammates, which is
sometimes hard. But yeah, obviously it's saying to learn and
hopefully you get to learn how to do that.

Speaker 2 (01:05:21):
Fantastic. Take a brief break more from Tom Buley in
just a couple of moments thirteen past eight.

Speaker 1 (01:05:25):
The Mic Hosking Breakfast Full Show podcast on iHeartRadio, Power
by News Talks.

Speaker 16 (01:05:31):
It be.

Speaker 2 (01:05:33):
News Talks. It'll be sixteen past. Tom Buley's with us.
He's got the Push scholarship for next year. He's back
in the career a Cup. If you follow the Supercars,
that's all part of that program that you'll see on
any given weekend. Something I read about you that was interesting,
see if you can explain it to me. So when
you started in karting, you weren't doing that well you
were just a kid in the cart and you're going
run around around. Then you say something happened, something clicked,

(01:05:55):
and you started overtaking and winning. What do you reckon
that is?

Speaker 21 (01:06:00):
I wasn't too sure. I was the kid driving around
the back, waving it everyone as weren't passed and just
having fun. Mum and dad didn't really care, you know.
I was just having fun, that was the whole point
of it. And at the time I was racing Louie
Sharp and Louis was always very competitive and I think
one race I was probably racing him and then he
was passing people and I was kind of following through

(01:06:21):
and I passed a couple of people and I think
that's when it clicked. So it was yeah, quite early on,
and then from there on men Louis, that's you know,
still good mates. And we raced all the way through
until about juniors.

Speaker 2 (01:06:32):
So yeah, yeah, there was always He's doing well too.

Speaker 21 (01:06:35):
Yeah, he's doing awesome and it's pretty exciting for him
this year as well.

Speaker 2 (01:06:38):
How do you balance up you talk about all these
guys in New Zealand does so well, how do you
balance up the I want you to do well, but
I also want to beat you, you know what I mean,
So it doesn't become so competitive you lose a friendship.

Speaker 21 (01:06:52):
Yeah, definitely. It was tough during carts. I think as
we got older we understood more how much we wanted
to win. It's not so bad now. You know, I'm
supporting him. He's doing his thing and we're doing two
completely different paths. So yeah, he's very awesome and you
know we're seeing contact.

Speaker 2 (01:07:09):
So yeah, no, because the first race you will face
as part of your new Porsche deal is in the
new year in March in Melbourne at Albert Park, so
you'll be there alongside you know, the supercar guys and
of course the F one guys as well, so you'll
be in like that's the center of the world for motorsport.
I mean, that's got to be something that I mean,
that's a dream come true.

Speaker 21 (01:07:30):
Yeah, definitely. It's gonna be a lot of pressure for
the first race. Obviously, at a street circuit like that,
you can't do any testing, and that's going to be
like the rest of the season season as well. Not
much testing you can do is most of the tracks
of street circuits, So yeah, it's gonna be pretty exciting
being in front of the if one pretty fall on
first round, but yeah, no, looking forward to it and

(01:07:52):
getting in front of in front of those guys and
the supercars people as well.

Speaker 2 (01:07:56):
For the first time you talk about Scott McLaughlin and
that scholarship and stuff. Those guys helpful in terms. Are
they nice guys and are looking to help you out?

Speaker 21 (01:08:06):
Yeah, they're awesome guys. It's a lot harder with Scottie
at the moment, obviously he's doing his thing in IndyCar.
It was a lot easier once well when he was
back in Australia and still racing supercars. But yeah, now
that he's in Australia, I mean sorry the US, it's
a bit harder to you know, keep in contact and
try get that support from him. But yeah, obviously still

(01:08:28):
staying contact and if he's ever back in Australia then
we'll definitely had him up.

Speaker 2 (01:08:32):
What's your trajectory do you think so you'll do this
for a season two season? What do you reckon? How
do you reckon that's going to pan out and then
on to what.

Speaker 21 (01:08:39):
Yeah, it depends how the season goes. Obviously, hopefully we
can finish up the front in the first season, but
for everyone sees it's a learning year, your first year,
just like eighty six as was for me. So you
have a real crack in your second gear. But if
we make it work in the first year, that's always
always pretty good. And hopefully during this year we'll search
out for drives in Europe and GT just for some

(01:09:03):
tests and stuff. So get my name out there, and yeah,
try get over there and meet some people.

Speaker 2 (01:09:07):
Fantastic, super so, so thrilled for you, absolutely filled for you.
I hope it goes. You've got the summer off in
that sense, so you take it easy. How easy is
to get back out of the car and into the
car if you've had a decent gap.

Speaker 21 (01:09:19):
Yeah, I find that. I found that quite hard this year.
There was quite a big gap between a couple of
the round So just keeping on the sim mostly and
just learn those tracks and just keeping fit and stuff
and looking at Hates the video, which is what I did.
You know, just keeps you in the right mindset and
keeps you kind of locked in so when you go
into that next race meeting, you know what you're doing.

Speaker 12 (01:09:39):
Well.

Speaker 2 (01:09:39):
We wish you all the best, good to see you again.
Appreciate it. Very much, nice mate, Tom Buley.

Speaker 1 (01:09:44):
It is eight twenty one the mic Hocking Breakfast with
Vida Retirement, Communities, News dogs head.

Speaker 2 (01:09:50):
Be Well, let's face it, the way we do business
has moved from the old land lines and face to
face meetings. Now it's mostly you know online meaning the
old Internet connection vital investments. Gay businesses of every size
need to ensure that your old the Internet connection provides
uncompromising reliability, bandwidth and better restoration service to minimize any downtime.
This is why you see it on business runs on

(01:10:11):
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(01:10:32):
back up and running faster, minimizing the time spent offline.
So to find out which fiber connection would be suit
your business, have a look at the Chorus Recommendation tool.
Where do you find that, Mike, Well, you find it
at Coorus dot co dot NZ Forward slash business fiber.
What was that you just said? Coorus dot co dot
NZ forward slash business fiber. Take your business productivity next level,

(01:10:53):
get your business running on business fiber. Pasking Mike, why
do all the Q motorsport guys just sound likes? Well,
that's mainly because they are top blocks from the ComCom.
This morning, the Commerce commissioned Mobile New Zealand's in trouble.
They're in trouble pricing methods that it believes breach the
Fuel Industry Act of twenty twenty two. Ongoing breaches they

(01:11:16):
allege Section sixteen, Brackets one brackets A. We think that
the wholesale prices method that mobile has used to calculate
what they charge petrol stations otherwise the dealers aren't transparent
enough to make their obligations under the Act. A lack
of transparent wholesale prices means that independent petrol stations aren't
able to see and question the rates that mobile is
charging them. What they're saying there is independent. It's interesting.

(01:11:39):
I don't know if it's slightly nuanced, but it is
interesting that when you go to a mobile the person
may be an independent operator. You go, oh, no, they're
not they're a mobile operator. They can be an independent
but under the brand of mobile. So if you're an
independent who happens to be a mobile dealer, can you
ring Mobile head office and go how do you price that?
The ComCom argues they're not going to tell you or
the methodology not transparent. Hence we need to hit to court.

(01:12:01):
Two sorts. This out maximum penalty under the actors five
million dollars per breach, and they're alleging two breaches.

Speaker 21 (01:12:06):
So we'll be.

Speaker 2 (01:12:08):
Interested to see where that particular one goes. Mike sent
a birthday card by overnight courier from Wanaka Wanaka to
Auckland on the seventeenth. Still hasn't been delivered, been sitting
in Auckland for six days. Just a warning to people
who will be sending Christmas presents and cards to allow
a lot of time and don't waste any money on
fast delivery. It's a very good point that in my
humble experience, it depends a lot on the career company

(01:12:31):
you use. I'm not going to name names this morning,
but there are certain companies that we avoid, like the plague,
and there are equally companies that we have no control over.

Speaker 7 (01:12:41):
Some of us.

Speaker 2 (01:12:41):
I won't once again mention any name. Some of us
bring in a tremendous amount of product from different parts
of the world, and you get the word that it's
arrived in the country and suddenly you track it and
it's just we're just weirring, weirring, processing, processing, processing, processing,
processing process for days on end.

Speaker 15 (01:13:03):
Is this the Prime Minister's Christmas present?

Speaker 2 (01:13:05):
Well, it's not, but it is. I mean, from from
personal experience, it's it's stuff at home. But you know,
so it depends on what's a company. But out the
Prime Minister's Christmas present when he said to me, giddy
up in that really cool way he says things, I
didn't tell him what I had for him, but what
I got for him is next. LEV don't want to

(01:13:25):
oversell it. But ever it turns out, if it turns up,
if it turns up.

Speaker 1 (01:13:30):
Opinionated, informed, und apologetic, the mic asking Breakfast with a Vita, Retirement, Communities,
Life your Way, News Talks head been.

Speaker 2 (01:13:39):
Having told you yesterday that the summer box offen the
summer box office in America has been a complete bust
and people don't go to the movies anymore. The outlier
appears to be Wicked for good one hundred and fifty
million domestic opening weekend. It's that time of year, of course,
because of Thanksgiving. One hundred and fifty million domestic opening
If you add into it's amazing, really when you look
at the American domestic box office and the whole rest

(01:14:03):
of the world. So one fifty million for the opening
weekend in America domestically. Add the entire planet on top
of the one fifty you come to two twenty six. So,
in other words, the world doesn't really count. Second highest
opening of a film released this entire year, the winner
was Minecraft at one hundred and sixty three Mini twenty

(01:14:23):
three to nine.

Speaker 1 (01:14:24):
International Correspondence with ends in eye insurance Peace of Mind
for New Zealand is no good mate, little morning.

Speaker 17 (01:14:31):
How are you good, Molding, I'm fine, mate. How are
you well?

Speaker 2 (01:14:34):
I'm very well? And do we played a little clip
from Kostama earlier on and in his eloquent way what
he explained that he had organized a zoom I think
it's a zoom with Macron tomorrow as part of this
peace plan. Is he actually involved in this at all?
Or is this sort of a Rubio Trump Zelenski type deal.

Speaker 17 (01:14:50):
Well, it's it's the latter as you put it. Sure,
but he has played a peripheral role, as is Europe,
of course, and you have to say that you're role
is peripheral all of it, because one suspects that what
happens will be whatever goes down between Celenski, Trump and Putin.

(01:15:12):
There is massive pushback to the twenty eight point plan
that the Trump drew up or Putin drew up. Who
used to believe from European leaders, the Germans but especially
the Scandinavians, the Baltic States and Soul particularly on the issue.
And this is the one which Starma is worried about,

(01:15:34):
which is kind of granting Putin legal status overland which
you stole, which you can understand as being problematic. Whether
in the end Macron, Starma and anyone else in Europe,
with the possible exception of Maloney, who Trump seems to
have a soft spot for perfectly understandable reasons. Whether they

(01:15:59):
have any sway whatsoever in the final analysis is another matter.
It seems to me highly unlikely.

Speaker 2 (01:16:08):
Right, so we stand by and wait. I guess as
far as the BBC is concerned today, that seemed to
start late in the day. It was sort of about
four thirty five o'clock this afternoon your time.

Speaker 17 (01:16:18):
They only stopped half an hour ago.

Speaker 2 (01:16:20):
Yeah, okay, so late afternoon. That would have that would
have interfeed with drinks. I would have thought, how did
it go? Generally, it seems to be.

Speaker 17 (01:16:28):
That the BBC is still in a remarkable state of
self denial, all of them, a lot of them. It's
remarkable they're still saying no institutional bias. We thought Panorama
got it wrong, but we argued over how badly they
got it wrong. That's been the general kind of corporate view.

(01:16:48):
Samir Shah's come under attacks and PEBLEC chairman, he's come
under attack for having let it happen, for not having
reacted earlier. All this did come out apparently in May,
and they should probably have apologized then, but as ever
with the BBC, they just kept a lid on it,
and they have admitted that they need to be quicker
to react when criticized and to and to fess up

(01:17:12):
when they get it wrong. It's also been suggested and
that there might be another board appointed at some point,
and also a deputy director General to take some of
the strain off Tim Davey, But I don't know how
much truth there is in that. That's just a rumor
which is emanated. But you know, there was very little

(01:17:36):
that we learned from them today which made you think, oh,
well we've got it wrong. You know, if only we
haven't thought this. You know, it was more of the
same denial, denial, denial.

Speaker 2 (01:17:49):
So what's the point, I mean, what are the MP's
going to do with anything, apart from going well that's
not good enough and don't do it again.

Speaker 17 (01:17:56):
Well, the MPs themselves of course have access to grind
and it is partly a partly partly political issue. So
you have Ruper Huck from the Labor Party continually pressing
the point that you know that the BBC was being
bullied by right wingers and that it wasn't remotely biased,

(01:18:16):
whereas you had Carolin Downage pressing the point that well
it has been biased and it's done this, this and this.

Speaker 7 (01:18:23):
So for the.

Speaker 17 (01:18:24):
Politicians, it's also a big debating issue. None of it
helps the BBC get to the bottom of how it
should reform itself and how it should appeal to the
sort of voters it used to appeal to, which was
a broad cross section of the population.

Speaker 2 (01:18:39):
Hey, just while we're on the media quickly, this daily
male slash general trust bid for the Telegraph is that
like big news in Britain, the people exercised were interested
in that at all or not?

Speaker 7 (01:18:48):
Really?

Speaker 17 (01:18:49):
Yeah they are, Well, the Telegraph's very interested in the males,
very interested. Everyone else saw all the other papers for
commercial reasons are keeping their gobstup apart from the Guardian.
Of course, this is a few problems. But given that
you know, Murdock owns the Sunday Times, the Times, the Sun,

(01:19:10):
the competition stuff isn't really a problem. I know that
Telegraph journalists don't particularly want this, but you know, beggars
can't be choosing exactly.

Speaker 2 (01:19:20):
But if it goes to me because I can't remember
the name of the American company was Red Bird or
something like that. Anyway, if it goes ahead, it's a
pretty big deal on Fleet Street in terms of ownership, isn't.

Speaker 17 (01:19:31):
It It is? And it guarantees jobs for a long
time at the Telegraph, or at least some of them,
most of them. So no, it is a very very
big deal indeed, and the Telegraph has been anguishing for
you know, two years effectively not knowing who its owners
are going to be with problems over the Barkley Brothers

(01:19:52):
from three or four years ago, so this would give
them a former closure. It's just not the closure they
had hoped for.

Speaker 2 (01:19:59):
Next time we hawk, Roderick, I can't tell you how
excited you know. Just next time we talk, she'll have
done her worst. And I'm reading this morning she's going
to be revaluing millions of homes. There's a mentioned text coming,
do we what's.

Speaker 7 (01:20:13):
The diging to.

Speaker 17 (01:20:15):
Pin the tale of the Donkey. No one's got the
slightest clue what she's going to do, least of all,
I suspect Rachel Reeves. No one knows what's going to happen.
I suspect. I mean this budget is crucial for obvious reasons. First,
the British colony, which isn't going to be improved by it.

(01:20:35):
I mean we can be pretty clear about that already. Second,
it's important as to how it goes down both with
the bomb markets, with the labor backbenchers, with the public.
For the future of Rachel Reeves, and it's split about
fifty to fifty is to where she can survive.

Speaker 2 (01:20:50):
At the moment, all right, mate, we'll look forward to
the look forward to checking to your Thursday, so budget
day on Wednesday night in New Zealand. Time just to
give you a flavor of how much trouble they're in
for October, they overspent by seventeen point four billion pounds
just for October. For the financial year, they've overspent by

(01:21:10):
one hundred and sixteen point eight billion pounds, which was
nine billion pounds more than they did the previous year
when they overspent by one hundred one one hundred and
sixteen minus nine whatever that is. So you can see
that they're going nowhere fast. The revaluation is all part
of this tax. In other words, if you've got a
flash house and we'll revalue it, we can tax you
more and band FG and H properties if you've got

(01:21:33):
a flash home that's worth more than two million dollars.
So that's mainly in London. Of course they'll they'll ping
you for the mansion tax. And then meantime this morning
numbers out overnight that loder middle income families in Britain,
which is up to sixty percent of households, and all
of England or all of Great Britain, they're going backwards.
The disposable income falls for the fourth month in a row,
so you can see that she's got a massive hill

(01:21:55):
to climb. Eight forty five The.

Speaker 1 (01:21:58):
High Asking Breakfast Fall Show podcast on iHeartRadio, Howard By
News talks at be.

Speaker 2 (01:22:06):
Several things. Pauline Hanson in a burker in the Senate.
If you haven't seen the video, watch it funny. Don't know.
Penny Wong didn't think it was funny. Penny Wong went apoplectic.
But then Penny Wong doesn't have a sense of humor,
but she I'm laughing at as funny. She turned up

(01:22:27):
and it's racist. Yes it's racist, but it is Pauline Hanson,
and she's on a bit of a roll at the moment.
So that happened in the Senate. Mike, I wonder what
Jeremy Clarkson thinks about the allegations of the BBC left
wing bars actually worked out very well from him, Yes
it did. Steven just reminds me to remind you. Andy
Wilman's doing the rounds on podcasts. Not many a couple
of them floating about the place. He's ponderous, interesting bloke

(01:22:48):
to listen to. He sounds very very like Jeremy Clarkson
when he talks. They could be if you'd had two
beers and I sat you down in a corner, I said,
I'm going to play you a voice. Who's this? You'd
probably go Jeremy Clarkson, but it's not. It's Andy Willman.
He was the briduceer of top Gear and a Grand
Tour all those years. He tells some wonderful stories and

(01:23:09):
the BBC, of course, is mentioned in that.

Speaker 9 (01:23:12):
Mike.

Speaker 2 (01:23:12):
We have narrowed the forecast milk price range from nine
to eleven down to nine to ten, reduced the midpoint
from ten down to nine fifty. So they didn't tell
us when they texted that through who that was. It
was just some random in an office going, I'll tell
you what the first thing I did this morning for
a went and got coffee, Mike, was I hidjusted the
milk price. You can't do that unless your Fontira. As

(01:23:33):
it turns out, we went looking at it as Fontira,
so Fontira were texting us and for that we thank you.
And none of this is good news. Of course, they've
increased the milk collections. For the twenty five to twenty
six season, they had one point five two five million
kilos to one point five four to five piece. I
read the other day internationally. The quote was the taps
are turned on full, so all over at the world

(01:23:56):
at the moment's supply is gushing and they didn't see
any reason for alarm this international report I read, they said,
this is just market reacting. I mean, for so long
the supply has been a problem, so they've just increased supply.
And as they increased supply, of course the price comes down.
So what Fontier have done. We've had seven consecutive price
drops at the Dairy Trade auction, so the price has

(01:24:17):
come down. So the important point, the midpoint has gone
from ten down to nine to fifty, so still elevated
historically speaking, but nine fifty eight ten, nine to nine the.

Speaker 1 (01:24:31):
My costing breakfast with the defender and use togs dead b.

Speaker 2 (01:24:34):
Now we all know how important flossing is, but you
know what many people don't because it's too hard, takes
too long, might be a bit painful to reach the
old back teeth where the food and the debris gets caught. Well,
the answer is water pick water pick. It makes flossing easy.
So water pick water flossing are clinically proven to be
up to fifty percent more effective than string floss, perfect
for everybody, including those with braces, implants, crowns bridge the

(01:24:57):
whole lot so. Water pick uses a unique combination water
pressure and pulsations to clean deep between the teeth and
below the gun line, removing the harmful bacteria and the
debris that traditionally or traditional brushing and flossing cannot reach it.
It's clinically proven to remove ninety nine point nine percent
of pluck from treated areas and leaves your mouth feeling
like you have just let the dentist over sixty years

(01:25:18):
didn't realize has been that long sixty years of water
flossing innovation. A water pick is the world's number one
water flosser extensive range two K for your oral care needs.
It's available at chemist Warehouse and pharmacies nationwide. If you
want to get all the deats on the website water pickers,
pik waterpick dot com dot au asking interesting feast from

(01:25:40):
the New Zealand initiative of this Morning that you might
want to get your eyeballs on a lot. They looked
at University marking or University scores. Eight universities in the
country between two thousand and six twenty twenty fourty Do
you know what they found? They found that there's a
lot of a's being handed out, an increasing number of
a's this year, A was the most common grade at
New Zealand University. Is not going to be long twenty
two two percent of all grades back in twenty six,

(01:26:02):
twenty two percent. Then it got to thirty six percent
by twenty twenty four, and that's an increase of sixty
four percent. Are people brighter, No, they're not. Other teachers better,
they conclude, No, they're not. Has there been mass reform
and people go, oh my god, No, none of that.
It's just they think it's bums on seats. If you
don't give people good marks, they're not going to come back.
So you get an a read the report. See what

(01:26:23):
you think five to nine.

Speaker 1 (01:26:25):
Trending now with Chemist Warehouse Black Friday sale.

Speaker 2 (01:26:29):
Oh now, Christiana Ronaldo has been back with Piers Morgan.
Peters Morgan did him a couple of years ago. This
is obviously a part two type chit chat. They talked
about playing in Saudi Arabia, which must be mind numbingly boring.
They talked about him and messy the world couple that
stuff anyway. Next question was who's better looking him or
David Beckham?

Speaker 17 (01:26:49):
Do you think you're better look him than David Beckham?

Speaker 7 (01:26:52):
Depend?

Speaker 4 (01:26:53):
Because for me, the looking is not only the face.
If you put me not any more, imagine Christiano. Yeah,
not Christiano, a normal guy with the speedos, red speedos
in a copacabana to drink coconut water.

Speaker 7 (01:27:13):
So cal on you went, Beckham? You walking across the
copa cabana for say ten minutes? Who gets the most
of the not famous not famous? Just to body me?
You know? His phase is beautiful, Yeah, and some face.
The rest is normal, Like he's normal. I'm not normal.

Speaker 1 (01:27:31):
I'm perfecto.

Speaker 2 (01:27:34):
He's brilliant. I love him. Who's more famous?

Speaker 9 (01:27:36):
Him?

Speaker 2 (01:27:36):
Or Trump?

Speaker 4 (01:27:37):
Who's the most famous or oral president Nald Trump in
the world?

Speaker 7 (01:27:41):
What do you think me really.

Speaker 2 (01:27:45):
Even in that small eyesland, and they're know me more
than him?

Speaker 13 (01:27:50):
Really?

Speaker 2 (01:27:51):
Yes, I don't think that's true. But good on him.
Is that out somewhere that will be on the podcast,
that will be on the He's quite into town. He's
quite go both of them. Actually. I like Peters Morgan,
I like Christiana r now So there you go. That
is asked for the day back tomorrow morning from six o'clock.
Remember the Ginny questions coming tomorrow. Remember I raised that

(01:28:11):
yesterday at the Bigger Wards in the Hut over the weekend.
Did she reach across a Nick Chris Bishop's meal Hi
answer tomorrow morning after six flowers

Speaker 1 (01:28:25):
Every twe for more from the Mic Asking Breakfast, listen
live to news talks it'd be from six am weekdays,
or follow the podcast on iHeartRadio

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