Full Show Podcast: 26 November 2025

Episode Transcript
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Speaker 1 (00:00):
You're trusted home for news, Sports, entertainment, Opinion and Mike
the my casking Breakfast with Bailey's real Estate, doing real
estate differently since nineteen seventy three.

Speaker 2 (00:12):
News togsad be Billy, You're welcome today one more time
this year for the OCR does it change your Christmas shopping?
Had its Regional Council's a toast the Estonian Education Minister
on our remarkable mass progress. Jinny and Mark Politics Wednesday
after rate Richard Arnold in Thanksgiving America, Steve Prices in
Australia pasking welcome to the day. Seven past six. Reserve
bankcounting today one last hurrah for the year. It has

(00:33):
a certain night thing. It's got a certain anti climax
about it, doesn't It's probably twenty five points. Twenty five
points is priced in by just about everyone. I mean,
there's a chance at zero and next to no one
says it's fifty. And for metrics, last week, by the way,
had the Q three GDP number at zero point nine percent,
and I'm told the Q two number is going to
be revised up, which means if you add all that
to the Q one number, we're actually we've actually had

(00:54):
a pretty decent year. What are you mad? How can
you say that? I hear you say, well, don't you
the messenger? These are rather facts or expert predictions. Either way,
they're on the right side of the equation. The point
being that's the sort of thing the Reserve Bank looks at.
Is inflation in its box? Well, it's a smage high
given its three percent, so right at the very top end,
but technically still within the zero to three range. If

(01:15):
we cut further, they will ask, do we risk driving
that number a little bit higher through increased bullishness and spending?
Quite possibly. Now, I'm not personally arguing for a hold,
but if you want to toss a few ideas about
the place that isn't a bad one, a case can
be made for holding, for saying inflation is there or thereabouts,
and that the economy has got no shortage of green
shoots and twenty six looks okay, our job is done.

(01:36):
The psychological advantage, no matter what they do, is not
to be underestimated either. Is is this as good as
it gets? As low as they go, then a lot
of people are going to start making decisions around money
and mortgages, and a lot of people have been holding.
Of course, they've been in the waiting place, and as
doctor SEUs said, the waiting place is no place for you.
In a funny way, it might also shake us out

(01:57):
of our funk. We're disproportionately miserable of reality. But because
it's been so bad and we need to kick up
the backside to get on with it. Maybe Christian Hawksby
in his farewell flourish off as not just the twenty
five points but a bit of uplifting hyperbole as he
steps out the door. They've cut six times this year.
We could end twenty five at two point twenty five.
It started at four point twenty five. Shows you what

(02:17):
a mess we've dealt with. But I get the scenes.
The page is tuned.

Speaker 1 (02:26):
News of the world in ninety seconds.

Speaker 2 (02:28):
Welcome to a world of mixed messages this morning. Over
the so called peace plan, I mean, has Ukraine agreed
and if so, to what it seems it's the essence
of a plan. They want Zelenski in Trump together in
Washington next week to nothing doubt. The dem say, look,
this is Alaska two point zero.

Speaker 3 (02:42):
This is just negotiating against ourselves, this negotiation in public.
We saw what happened in Alaska, it went nowhere in
Bold and Putin, so it doesn't seem like we're getting
anywhere very quickly.

Speaker 2 (02:56):
In fact, the Europeing sort of been on the sidelines.
They don't think we're there either.

Speaker 4 (03:00):
The initial draft of the twenty eight point plan included
points that were not acceptable. Matters about Ukraine and its
future must be determined by Ukraine.

Speaker 2 (03:16):
His might in Paris agree we.

Speaker 5 (03:17):
Should size this momentum, not because there is reason for alarm.
Ukraine is solid, Russia is slow, and Europe is steadfast,
but because there is finally a chance to make real
progress to what a good.

Speaker 2 (03:30):
Piece even the Tories are on Starmar side.

Speaker 6 (03:32):
Is relentless bombardment of Kiev and KGB style negotiating tactics.
So he is not serious about peace, which is why
Russia must not be welcomed back into the international fold
without a comprehensive peace agreement.

Speaker 2 (03:46):
Now this works to form a USA investador to Ukraine.

Speaker 7 (03:49):
Even if Ukraine had accepted that, del Putin would have
likely come back for more before saying yes, because if
his aim is to subdue Ukraine, to reduce any independent
to a small landlarcked space, in the West of.

Speaker 2 (04:04):
Ukraine other matters. PAM of Florida is in charge of
trying to get Comy and James back in court. Given
yesterday's humiliation, we'll.

Speaker 8 (04:11):
Be taking all available legal action, including an immediate appeal
to hold Letitia James and James Comy accountable for their
unlawful conduct.

Speaker 2 (04:21):
Finally, I'm going to keep going on there. Oh yeah,
you keep going, Pam finally got a tie. Woman. She
stopped breathing a couple of days ago. She was living
with her brother. Brother goes, you've stopped breathing, so he
sticks her on a cop and takes her five hundred
miles to be with the family before they cremate. Her
cremation was due to be live streamed by the temple,
you know, for the family around the place anyway. You
know where it's going, don't you. Just before the service,
the temple manager opens the lid. The woman's got her

(04:45):
eyes open and she's trying to get out. So she
was treated at the hospital for hypo glarcemia. Don't confuse
those two things. Can't be a bit tricky. That is
news of the world. In the ninety tex has already
started the budget to night in the UK. It's one
of the most anticipated budgets. No, I don't use that
word in a positive light at all, one of the
most anticipated budgets and generations anyway. They've already up the
packaged milkshakes that's a thing, and lattes are now going

(05:10):
to be included in the sugar tacks for the first time.
So once upon a time, the sugar tax was about health.
Now it's just about pouring back the massive hole that
ms Reeves is dealing with. It's twelve past six.

Speaker 1 (05:22):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks.

Speaker 2 (05:27):
Evy, Mixed messages on the US economy this morning. Consumers
not happy. This is the Conference Board survey just came
out a couple of minutes ago, slumped to eighty eight
point seven. Is that bad? Yes, it is. It's a
drop of six point eight from the prior month, which
is the lowest reading as they go into Thanksgiving in
seven months. Fifteen past seven from Gender Rates, Greg Smith,

(05:49):
Morning to you more into m RB call it what
do you Got?

Speaker 9 (05:53):
It's tween one days till Christmas, so it's time for
them to spread some much needed joy heading into the
festive season, but I think quarter point cut is what
we need. So obviously we've seen it come down in
the OCR from five and a half percent last year
two and a half percent. Currently, we are seeing elements of positivity.
You talked about those seek job as used today, but
we yet to see those full transmission effects we the

(06:14):
way through now. Now, in the past, I've called for
jumbo rate cuts, but I think we gonna be a
bit more pragmatic this time around. So we're still in
a tough spot, but there are there, I say, some
green shoots coming through, and I think if they go fifty,
they might actually induce a bit of panic in sort
of the sense that hey, maybe they're done with rate cuts.
So let's go twenty five. Let's keep the powder to
dry till they meet again later in February and see

(06:36):
how the economy goes in the coming months, and if not,
if there's no improvement, then they can go again, and they.

Speaker 2 (06:41):
Should be prepared to do this.

Speaker 9 (06:44):
So we've got around forty percent of wotgage holders coming
off their rates in the next sort of forty five months,
so that should help you know, businesses' lower boring costs.
I think might be important to look at what their
forecasts are doing and how they're shaping up. They're deafinitely
in a downgrade economic growth given the deterioration in recent months,
but also maybe inflation. So obviously we know the currency
has been weak, but I was seeing heat coming out

(07:05):
of some categories thankfully, you know, particularly food business inflation
pectations that dove softened. And there's also be important to
see where they see the OC bottoming out. I mean,
financial markets say, see this has been two point one
percent next year, so we need.

Speaker 2 (07:20):
To stick to that script.

Speaker 9 (07:21):
So old old I reckon, we need a Goldilocks cut,
not too much, not too little, and a nice touch
of dovenant dubbishness about the outloot Chris.

Speaker 2 (07:29):
You know we'll be listening now. I gave the consumer
thing on America. What about producer price and retail sales?
Were it? It's a bit mixed, isn't it. Yeah, it's
a bit mixed.

Speaker 9 (07:36):
So it looks like consumers have paused a little bit
some more data after obviously after the shutdown ended, so
use retail sales up zero point two percent September, soft
than the point three percent forecast. Excluding autos. It was
up point three percent. That was online sales are eating
and drinking establishments. I suppose that stood out. That's up
six point seven percent from a year ago. Solid point

(07:57):
sevenercent on the months you could say in that regard,
can humans are in okay spirits? But yeah, generally pretty
soft bit of a pause annually four point three percent
from a year ago. It's not inflation adjusted, so it
is above the three percent cpis. That's good news. Producer
price is just looking inflation. It was up point three percent,
mostly driven by rising energy costs, so Mike, so you
strip out food, energy rose less and forecasts from August

(08:21):
and up two point six from a year ago.

Speaker 2 (08:23):
That's actually the.

Speaker 9 (08:23):
Smallest game since July last year, So that's good. I
think overall it probably keeps the idea in line that
we're actually going to get a rate cut from the
Fed next month. Of those expectations have been moving around
a little bit. It's a little bitenugh soughness in the consumer.
The PSE report has played ball as well. So that's
pretty much it in terms of the major reports that

(08:44):
we're going to get before their meat on December ten,
markets are pricing in an eighty two percent probably of
a rate cut.

Speaker 2 (08:50):
Now, well, I'm looking at AI. Amazon going to spend
fifty billion on AI infrastructure. This chip AI think is unreal,
isn't it? Metas in as well.

Speaker 9 (08:58):
Absolutely so move over and video with a new top
dog almost in town terms of AI. So yeah, Meta
is going to spend a lot so on Google chips
their data seen as these a tenser processing units. So though,
and I'll turn them to what the video has in
terms of its advanced chips and just really a challenge
to their domination. Meta is also maybe renting chips from
Google's cloud division next year. So just seeing investors sort

(09:20):
of recess. I suppose that the landscape also had rave
reviews for Alphabet's new Gemini AI model, and that's seen
that she has pushed higher today in video down four percent.
So you look at Alphabet and nearly three point nine
trillion a market value. They maybe about three hundred billion
away from when the video sits. So in video this
shares are still doing well. Yeah the day up to
thirty percent, Alphabet up sixty seven percent. They out of

(09:44):
a trillion since mid October, and yeah, all the noise
around AI being bad for Google Search MIC it's actually
been the opposite. They're using AI to get better outcomes.
Also probably helped sentiment at Warren Buffett made Alphabet his
largest purchase last quarters, so yeah, perhaps deeper side and video.

Speaker 2 (10:01):
So myke, have you got some numbers for me?

Speaker 9 (10:03):
I certainly haven't a positive as far as it's in
P five hundred goes so up point three percent six
seven two six, down up point nine percent forty six
eight six nine, So that's welcome. Nazdek fairly flat for
C one hundred, up point eight percent nine six zero nine.
That's ahead of the UK budget. Of course, Nick out
point one percent forty eight sixty five nine A six
two hundred that was up point one percent eight five

(10:24):
three seven. We were down point one percent NXX fifty
thirteen and four eighty going up eleven dollars four thousand,
one hundred and forty seven. US announce oil down a
dollar twenty fifty seven spots sixty one, and the currency's
flat against the US dollar. Is the key wei fifty
six point one against the Aussie dollar up point one percent,
a six point nine bris pound forty two point six
that's down half percent. Also down against the Japanese en

(10:45):
a ten point seven, So yeah, hate drum roll for
the avidenz Mike twenty five or fifty, let's.

Speaker 2 (10:49):
Say catch up, so appreciate it. Greg Smith, who was
out of generate wealth, and Kiwi Faber specialist Pascal. We're
on the US theme broadly retail best Buy, which is
sort of be j ab High Fi. They're having a
very good time that people in America loving tech upgrades
and sales of computers and gaming consoles and smartphones. So
they pulled in some big bucks out a very good result,
and Abercromie and Fitch, you'll know the name. They've got

(11:11):
a company called Hollister, which isn't here, but nevertheless that's clothing.
It's retail. It's you know, shirts and all that sort
of stuff. Anyway, the shares are up eighteen percent. They
posted seven percent growth in quarterly sales. So some people
in America are still spending and still feeling reasonably bullish.
Six twenty one.

Speaker 1 (11:29):
The Mike Hosking Breakfast Full Show podcast on iHeartRadio powered
by News Talks It be Hi.

Speaker 2 (11:36):
Mike, just looking at the New Zealand Herald to find
a fantastic story about the New pilot of the mass
curriculum exceeding expectations. Well done to the government, but a
less couldn't find anything. Angela. I'm glad you raised that
because I was going to raise it later on. I
am increasingly embarrassed by the media in this country. But
I'll come back to it specifically, because the press conference
was there yesterday for all and journalists were there. It

(11:57):
wasn't like they weren't there getting these results. We've got
the Estonian Education on this later on in the program.
But the lack of coverage on that story yesterday is
a joke. And increasingly it is becoming apparent that the
New Zealand media have an overt bias towards won this
government and b good news. Anyway, Where was I The

(12:17):
Amazon thing that I referenced with Gregor moment ago? Fifty
billion dollars they're spending on AI infrastructure, just another day,
another fifty billion. It's incredible, isn't it. But at the
same time, if you're working for Amazon, so far this
year they've laid off four thy seven hundred people, and
forty percent of those people have been engineers. Washington, New York,
New Jersey, California, all gone. All the people working in
video games, advertising, AI research significantly impacted. So it's good,

(12:40):
but it's not good. It's a weird old world, isn't it.

Speaker 1 (12:43):
Six to twenty five trending now with Chemist whare House
Black Friday sale for now Scoffle.

Speaker 2 (12:49):
In the NFL yesterday we had the forty nine Ers
Panthers not want to be great Monday night football games.
I'm a prod to tell you forty nine Ers win,
which was good, twenty to nine. So they go eight
and four in a very very competitive and you see
whist division. If you have a clue what I'm talking about,
Rams are in the Rams leading that particular division. Rams
will go all the white Rams will be the number one.
See Rams might well win the Super Bowl. Remember when
you hit it first? Anyway, where wallsye into the game.

(13:11):
The forty nine is Juwan Jinnings. He gets into a
scrap after smacking one of the Panthers in the face confusion,
Ryan says, why did he do that? Anyway into Gevin McHugh.

Speaker 10 (13:21):
Developing story, Juan Jennings is losing his shit like a
bat out of hell when shaking hands with the Carolina
Panthers but right here man clock.

Speaker 2 (13:32):
Him right in the face.

Speaker 10 (13:34):
You're probably thinking to yourself, why did Juwan Jennings lose
his Well, you're about to find out in a second.
There's two sides to every story. He gets punched right
in the on the final play of the game, Murray
just just nuttops him. Final play, right in the plums.
Good night from San fran Ah, Right.

Speaker 2 (13:57):
In the plums. By the way, Black Friday into that
yet biggest shopping day in the world as far as
I can work out anyway in America for comparison, six
hundred and twenty two dollars is what they're spending on average.
When it's another one of these dumb poles where they
ring up and go how much your ringing it has
been on Black Front the go I reckon six hundred
and twenty two dollars. Anyway, that's down four percent on

(14:19):
last year. It's a Deloitte survey, so they're going to
look for bargains and all the usual stuff. I think
I've got some slightly concerning news for you in just
a couple of moments after the news. Remember they were
going to tidy up things in the ag sector around
red tape, getting new product into the country was a problem,
and they said, look we need this was back in
February they said, look we need to tidy this up.

(14:39):
New workout this morning, new survey says loy hasn't happened.
So either the new rules aren't in place and it
will happen. All the new rules are in place and
they haven't worked. So I'm going to work you through
which one matter is in just a couple of moments
after the news, which is next, you're at news Talk.

Speaker 1 (14:54):
Seed the news makers and the personalities, the big names
talk to Mike, the Mike Hosking, Breakfast with Vida, Retirement Communities,
Life your Way, News Talks head Be.

Speaker 2 (15:10):
The essence of the deal is the clue to what
may or may not have happened out of the so
called peace talks. And there may or may not be
a meeting next week between Zelenski and Trump. That it
all moved to Arba Dai. Richard Arnold's all over it
for a shortly twenty three to seven five or two.
We got this morning on the ag sector over red tape.
So you remember the cabinet approved a review back in
February over red tape. They argued that there was about

(15:31):
a quarter billion dollar benefit by cutting red tape making
things more efficient. However, new survey of this Morning shows
virtually half forty eight percent of businesses say regulatory performance
has worsened. Nothing's changed. Doctor Liz Shackleton, as the chief
executive for Animal and Plant Health New Zealand, anders with
us list morning.

Speaker 11 (15:48):
Thanks Mike, great to be back on the show.

Speaker 2 (15:50):
So what has happened here? Are the new rules in
place and they don't work? Or are we still waiting
for the new rules to arrive.

Speaker 11 (15:57):
So basically, Mike, as you said, back in SABA, Ministry
for Regulation did a review laid out recommendations to cut
red tape to get new tools into farmers' hands. Now,
industry support the ministers for this review. They laid out
a clear roadmap. They're committed to deliver change and legislative reform,
which we're expecting in the next few months. That's long overdue,

(16:21):
but that will take time, and meanwhile, farmers need new tools.
Now nine months on moment of truth. Here on the ground,
farmers and companies that develop and make these products say
there's no change and can share a little bit more
about what we're hearing.

Speaker 2 (16:37):
Okay, regulatory performance has worsened for the Agricultural Compounds and
Victory Medicines Group of the Ministry of Primary Industries. How's
it possible that's got worse.

Speaker 11 (16:48):
So a survey from our members, so these are four
contexts for the audience to people that have the applications
actually in the queue for the new tools, found that
not a single company surveyed reports improvement with red tape,
and as you've said, many said it's getting worse.

Speaker 12 (17:06):
Look.

Speaker 11 (17:06):
While it's encouraging, Mike, we're hearing promises about legislative change
and agreement to work with other regulators like a trans
Tasmin MoU that was signed this week, the reality for
our companies on the ground is actions needed now to
see results. And back in October we launched a blueprint
for change that looks at three actions that can be

(17:29):
tangibly taken right now. They are three things. One approve
the tools that matter the most for farmers, so that's
the new stuff that works in a new way, new
actives and new label uses. We're hearing the cues being cleared,
but is it the new tools or just more of
the same old stuff. Two shrink lower priority work. Three

(17:51):
using over sales tools and data that regulators overseas are using.
And three it's that meaningful engagement with industry, including progressing
the Somnibus bill, Mike. Because the bottom line is our
farmers and growers face are after challenges. They don't have
the right tools for the job. It's a real handbrick
on economic growth and we're missing out on better environmental outcomes.

(18:15):
And look, I can give you two examples in the
primary sector if you're interested.

Speaker 13 (18:19):
Ye, Look, let's look at.

Speaker 11 (18:21):
Wine and hot ships. So wine Australian US Canadian wine
growers have had a new insect aside for Melei bug.
That's a pest in grapes that they've been using and
for market access reasons for many years. The company that
makes that product first came to New Zealand regulators back
in twenty nineteen to approve it. Still in the queue

(18:43):
Hot chips, Mike. Vegetable growers, they need new tools for potatoes, onions,
other crops, things like blight and little insects called trips.
I mean, not even the humble hot ship is safe here.
Many of these solutions are already trusted. Any new so
solver seas. The longer New Zealand alays, the further we

(19:04):
fall behind. So the bottom line with the review is
we're looking to see action and results will speak louder
than war.

Speaker 1 (19:10):
Well.

Speaker 2 (19:11):
I wish you the best with it and we'll stay
on top of it. Liz, I'm disappointed to hear it, unfortunately,
but she did go down the wine and hot chips.
And even though it is early, oh yes please nineteen
minutes away from seven.

Speaker 1 (19:21):
The Mic Hosking Breakfast Full Show podcast on iHeartRadio powered
by News talks ITP.

Speaker 2 (19:28):
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(19:50):
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(20:36):
media bias not solely the purview of the BBC definitely
alive and well in New Zealand, Yes it is. Mike
looked at an article about Erica Stanford good news and
maths education crickets. Well there isn't one. I'm telling you,
there is not an article to be seen with the
maths figures if you have not up on the story,
and you won't be if you rely on the digital
media in this country or even television because they didn't
cover the story. But if you are not up on that,

(20:56):
I'll come back to it later. But we found three
articles on bush ships coup, which isn't even a thing.
In an opinion piece about the Regional Council speaking of
the Regional Council, Christalship with a shortly six forty.

Speaker 14 (21:06):
Five international correspondence with ends and eye insurance, the peace
of mind for New Zealand business?

Speaker 2 (21:12):
Where did im a good morning for you?

Speaker 9 (21:14):
Now?

Speaker 2 (21:14):
We got a dealer who's agreed to what we are
Why win.

Speaker 15 (21:17):
And have Well, let me start with the military side.
Can you call it a peace process? When Putin has
just blitzed the Ukrainian capital of Kiev with more than
five hundred missiles and drones through the night in a
barrow that went on for more than six hours. That
certainly caught people's attention. There two residential towers have been
hits along with power stations. At least seven people have
been killed and the damage to buildings and systems extensive.

(21:38):
Seven of Kiev's main districts now are having power disruptions,
so it is brutal. What is happening On the diplomatic
side is that the US Army Secretary Dan Driscoll, who
was part of the talks earlier this week in Geneva
with the Europeans and Ukrainians now has gone off to
Abadhabi and the UAE, the head of Ukrainian intel also
is there, and there was a chance they say that
they could meet with Russian officials as well, and that

(22:01):
Lensky might turn up in Washington soon. So how is
this to be assessed? Have the Russian shifted in any aspect.
Here's what their foreign minister Laverov is saying.

Speaker 16 (22:10):
We have channels of communication with our American colleagues and
they are being used, and we are awaiting their version,
which they consider an interim version in terms of completing
the phase of coordinating this text with the Europeans and Ukrainians.
Then we will see, because if the spirit and letter
of anchorage are lost in the key understandings we have documented,

(22:30):
then of course the situation will be fundamentally different.

Speaker 15 (22:33):
Well, the so called spirit of anchorage is that Putin
wasn't giving an inch, and it appears that several of
the key issues still have been set aside, including the
new territorial boundaries, assignment, ongoing Ukrainian military and the most
ban on NATO troops inside Ukraine. So that's a number
of it, really, isn't it. Meantime, Marco Rubio, the uscutive
state has been pretty active. Trump deadline of Ukrainian deal

(22:55):
by this Friday or else has been set. Aside, the
initial negotiating program of twenty eight points, mostly laid out
by Russia, has been trimmed back to nineteen points. What
they are, they're not spelling out. While Ukraine is trying
to keep in favor with Trump by saying they are
ready to deal with Ukraine, Zelensky.

Speaker 5 (23:10):
Says as well, put in once legal recognition for what
he has solid.

Speaker 15 (23:16):
Yeah, not clear that has changed.

Speaker 2 (23:19):
Right, And then we come to the Pentagon, who are
it's a formal reviewer I think is the official term
into Mark Kelly.

Speaker 15 (23:25):
Yeah, well we'll see. It is ongoing the Trump revenge
campaign against his political foes. The latest target, yes, is
the military hero, former astronaut now Senator Mark Kelly. He
is responding to Trump assertions that he should be executed
for saying in a video that US troops should refuse
illegal orders. Well, the White House begets that word illegal

(23:46):
when they're responding. But that is simply the law. Why
the Senator thought it was a brilliant idea to put
it in a video as a bornous speculation, But the
Pedagon now is investigating Kelly for possible military breaches. Senator Kelly,
saying this is just intimidation.

Speaker 17 (24:00):
Said something that was pretty simple and non controversial, and
that was that members of the military should follow the law.
And in response to that, Donald Trump said I should
be executed, I should be hanged.

Speaker 15 (24:16):
All it seems to be just diversions, as Killie says.

Speaker 17 (24:21):
Also, I've had a missile blow up next to my airplane.
I've been shot down, nearly shot down multiple times. I've
flown a rocket ship into space four times, built by
the lowest bidder. And my wife, Gabby Gifford's meeting with
their constituents shot in the head, six people killed around her,
a horrific thing. She spent six months in the hospital.

(24:42):
We know what political violence is and we know what
causes it too. You know, the statements that Donald Trump
made is insightful, incites others. He's got millions of supporters.
People listen to what he says more so than anybody
else in the country, and he should be careful with
his worst.

Speaker 2 (24:58):
So down good luck with that, might see in a
couple of days. Appreciated housing market in America is interesting.
Fifteen percent of the homes that would be listed in
September we're at risk of selling for a loss. Seventy
percent of the homes listed in September we're on the
market for sixty days or longer. So the housing market's
a bit weak at the moment. Got eighty five thousand

(25:20):
overall taking their house off the market. Now that's the
biggest number in some eight years. Then you've got petrol.
As we head into Thanksgiving, Trump's busy saying that petrol's
cheaper than it was last year. It's now no longer true.
It was true, but now it's not. For a while
there at its best moment, it was thirty forty even
fifty cents depending on where you go in America. Of course,
thirty forty even fifty cents a gallon cheaper, but it's

(25:41):
just a smidge on average National averages a smidge over
three bucks as we speak this morning, which is exactly
what it was last year. And just quickly on AI
watched this space. There's a super pac been launched, ten
million dollar campaign. They've set aside tens of millions, but
this is the opening Selvo million dollar campaign to push
Congress to craft a national AI strategy. What they're freaking

(26:04):
out about. These states are going to do their own
strategies and their own rules and regulations, and AI being
a global things, not as an American thing, but a
global thing. So the arm twisting has already begun.

Speaker 1 (26:14):
Ten to seven The Mic Hosking Breakfast with a Vita
Retirement Communities News togs head be.

Speaker 2 (26:20):
Mike, what brand of snow cannon are you're running, Kurt,
I'm running Ammguire's not that that matters. Just buy a
good snow cannon. That's a good Christmas gift. You've got
somebody in your life with cars, get them a good
snow cannon. Get them some sauce. They'll have a summr's
worth of fun. Mike after the winner over the Bucks
and the Rams QB. Matthew Stafford's now favorite with the
MVP for the first time in a seventeen year career,
which is good. Rams are on fire. As I keep saying,

(26:41):
Rams going all the way again to the super bowl.
They may well win the whole thing six away from seven, all.

Speaker 1 (26:47):
The ins and the outs. It's the fizz with business
favor take your business productivity to the next level.

Speaker 2 (26:54):
Well thet the way Matthew Stafford throws the ball, He's
got incredible arm. He does it with such ease and grace.
Extraordinary to watch property market. You want a bet a
resale game. We got the infamous, the famous, the Cotality
Pain and Gain Report. What do we got? Eighty seven
point eight percent of properties sold for more than the
original purchase crisis is for Q three, which is down
from eighty nine point four, so it's barely moves, hardly

(27:15):
a big deal. Our average sale gain in Q three
was two hundred and seventy thousand dollars. That average is
a five year low. But then five years ago we
had COVID, for God's sake, and we've just come off
a booming market. So comparing the two is pointless. Average
hold period, in other words, how long do you own
your home? It's up at nine and a half years,
which is interesting because that's materially higher. Hasn't been that
high since the nineties, so it makes the annual return

(27:37):
an average of twenty eight thousan four hundred dollars a year.
Is that good houses outperform apartments no change. There are
eleven point eight percent of home sold for a loss,
while thirty six percent of apartments sold for a loss.
Auckland and Wellington worst performers. Nineteen percent of sales in
Auckland for a loss, but that's because of a lot
of apartments in Auckland sixteen percent of sales and Wellington
for a loss. It's because no one wants to live

(27:58):
in Wellington. Oh King Wellington where am I main centers
tower on the highest average of three hundred and fifty
two thousand dollars. Auckland gains, what are the gains in
Auland three hundred and thirty eight thousand dollars, it's not bad,
Wellington three hundred and thirty thousand dollars. Christ Church only
five point five percent of resales that are a loss.
But you got two sixty five. Mind you bought lower

(28:20):
as well, didn't you? You buy low? So you know
to sixty five you'll take that all day long. Outside
the main centers, Queenstown continues to boom. It's just ridiculous.
Average gain is four hundred and eighty six thousand dollars
and only two point four percent of home sold for
a loss. Fung Array higher share of losses in the
North Island at twelve percent and Nelson worst performer in

(28:40):
the South Island at fourteen percent of homes sold for
a loss, which is up from eight percent m Q two.
And I wouldn't having had a look at the numbers
at the banks, you know, the bad lending, the bad money,
the problems. I don't think these are stressed sales per se.
I think that what you'll probably find is that someone goes,
you know what, I might take ahead of fifteen thousand dollars,

(29:01):
but I'm staying in the market. I'm going to buy
a house for less than I would have bought it
for previously. As well. I think there's probably something in that,
because the stress numbers out of the banks just aren't
aren't high at all at the moment. No one seems
particularly bothered about that, right Chris Bishop A big call.
I mean it's it's theoretically a big call. It's several
years off. Does labor stick with it? Does anyone actually care?

(29:21):
Given no one voted in the local body elections, does
anyone care regional councils had gone up more shortly.

Speaker 1 (29:30):
Credible, compelling, the breakfast show, you confess it's the Mic
Hosking Breakfast with the Defender. Embrace the impossible news, Tom
sted b.

Speaker 2 (29:39):
Lly welcome, seven past seven. The wrecking balls coming to
a council and their your regional councils are going there
to be replaced by the Combined Territories Board. Ctb's mayors
will run them. These boards will produce a regional organization plan.
Are Chris Bishop's in charge of it all? Good morning,
Good morning. The detail at council level of what you
announced yesterday, how much were they aware of previously?

Speaker 18 (30:01):
They are aware that we were looking at structural reform
and looking at changes in light of resource management. I
mean it was a big call for us because resource
management is massive, right, It's going to strip out layers
and layers of duplication, standardized processes, and strip costs out
of the system. So we sort of had a decision
to make do we just kind of do that and
go job done, or do we go actually, you know what,

(30:22):
if we're going to do all this stuff anyway, do
we actually do the full Monty and say, you know what,
let's deal with local government at the same time and
in the end, you know, go big or go home, right,
So that we decided to do.

Speaker 2 (30:34):
The whole lot. Okay, so interesting area because no one cares,
do they. I mean we saw in the election, no
one turns up to vote, no one gives the monkeys,
and yet the reform is massive. So how do you
explain that?

Speaker 18 (30:46):
Well, I think no one cares, partly because they can't
understand it. Right, So you vote for your regional counselor
then they elect a chair. I mean, how many people
out there listening could actually name their regional council chair
who don't live in Auckland. I don't think anyone. Not
that many people the evil name a regional counselor. And
then of course you've got all the confusion.

Speaker 19 (31:04):
Right.

Speaker 18 (31:04):
So in Wellington where I'm from, for example, the regional
council runs the buses, but the Wellington City Council basically
works out where you can actually put a bus stop,
for example, and they do all the road.

Speaker 2 (31:15):
Closures and things like that.

Speaker 18 (31:16):
So there's enormous levels of complexity and complication that people
just don't understand. And people say, well, why am I
voting for all these people don't understand who most of
them are. I don't know who they are, and so
there's enormous duplication in the system. So I think that
partly explains why voter turn at rates are so low.

Speaker 2 (31:30):
Okay, so what about the regionality in Auckland will have
dealt with us, I guess more than the rest of
the country. Once you get a big area, there are
specific stories within the area that may not get dealt
to because you're suddenly in a big area. Is that
fair or not?

Speaker 18 (31:45):
I think there's a legitimate argument for that, and Auckland
solves that problem or attempted to solve it through the
local boards and that kind of representation at a local
level relevant to people's interests. So local parks and things
like that. It's important, you know that there is It
is important that people have an outlet the things they're
frustrated about, you know, at a very local level. You know,

(32:07):
things that are things can be dealt with at a
at a minor way, so to speak, but you know
those big issues around you know, how are we managing
the catchments and the rivers in a particular area, How
we doing public transport, those big issues around land use
planning and resource management's going to introduce spatial planning so
we can look out over the next thirty fifty years

(32:27):
and look at our corridors that we want to protect
for future road and rail and the areas we don't
want to build on, for example, those kind of big things.
It doesn't make sense to have two different types of
local government structures doing that stuff, and so we're giving
regions in areas an opportunity to have a good look
at that.

Speaker 2 (32:45):
Do you potentially run into the same problem you've run
into some places with water. So you're asking these people
to come up with a plan within a couple of years.
What are their plans? No good, you're going to STYMI in.

Speaker 18 (32:56):
Well, we're going to set the tram lines for the plant.
So it has to be and affordable, it has to
have a relevant degree of local control. It has to
enable better services and more affordable services for rate payers.
So we're going to set the criteria and we'll be
the ones doing the assessing of what regions come up
with it.

Speaker 2 (33:15):
Why don't you just tell them and save us all
the time.

Speaker 18 (33:19):
Well, we looked at that, to be honest, that's a
really good argument. We did have a look at that.
The issue with that is then you are into extremely
top down here is what is going to happen. You
don't get a say.

Speaker 2 (33:31):
Yeah, what's wrong with that? I mean half the people
there's half the people there are dumpty doo. So I
mean they don't have a clue what's going on, and
that's why we're in the state we're in.

Speaker 18 (33:39):
Well, there's a legitimate argument for that, and we decided
that a bit like the Three Waters. We'll say to people, listen,
you come up with the model. You've got clear criteria
to meet, and if you don't do it, we'll do
it for you. But at least in the interim you
can come up with it and we'll give you a
orn a.

Speaker 2 (33:52):
Does it stick post your government? Do you think?

Speaker 12 (33:57):
Well?

Speaker 18 (33:57):
Lo, that's over to the Labor Party obviously, But I
would say publicly, there's not that many defenders of the
status quo, right. I mean, it's a bit like nineteen
eighty nine. I mean, last time we did local government
reformers eighty nine and people as a massive hue and cry.
People went bananas about it for quite a long time,
and then you know, have we ever repealed them and

(34:19):
gone backwards?

Speaker 19 (34:20):
No?

Speaker 18 (34:21):
So I just think most New Zealanders listening, most fair
minded people, know we don't have the scale required to
really get things done locally. They know there's too much duplication.
They know that local government's lost its social license. So
I think we've just got to get on with it, frankly,
and I'm looking forward to having a bit about.

Speaker 2 (34:38):
It, all right, appreciate it. Chris Bushop By the way,
if you missed the Deloitte report yesterday on Wellington City Council,
just to remind you just how hopeless this whole thing is.
They found they've just got the extra three hundred and
thirty people they don't need and they could save seventy
nine million bucks. Twelve past seven Scott Final OCD for
the year and what a year of OCRs. It's been
a twenty five points baked in. We think the big

(34:59):
quest is there more where that came from? Or will
Christian on his way out to new pastures suggest that
this is that? Jared Kerres Kibibanks chief economist of course,
and his back with this Jared Morning morning, You've got
twenty five with more or twenty five, and thanks for coming.

Speaker 13 (35:15):
Twenty five, and let's see if that's enough. I think
we're getting pretty close to the bottom. I think that's
the main message. Interest rate through its stimatory levels, and
we're looking to see if that's going to entice some investment.

Speaker 2 (35:27):
How nervous of the three percent inflation.

Speaker 13 (35:30):
A, I'm not not at all. I think we can
look through some of the short term spikes. We actually
have inflation falling below two percent to about one point
eight percent next year, So there's a lot of deflationary
pressure coming through, particularly from a late really weak labor market.

Speaker 2 (35:51):
Okay, so if you're right at one point eight, and
let's credit you right here and right now, you've been
right all along with this, So congratulations on that at
one point eight. If you're right and things aren't firing up,
are we back into the business of talking about increases
in the cash rate.

Speaker 13 (36:08):
Well, I think if we're struggling to see inflation, then
they'll keep inter TRAC's loads longer. I think the risk
is that if things, you know, sort of bounce back
a little quicker, and wouldn't that be nice? And if
we start talking about rate hikes in the second half
of next year. Then that means job's done and their
economy is performing well.

Speaker 2 (36:26):
What weight do you place on if Christian? If you're
right and Christian goes today, we're done, Thanks very much.
I've got a new job, in a new life. Twenty five?
Is that buy bye? How many people in this country go? Right?
That's as good as it gets. I'm now going to move.
I'm going to.

Speaker 11 (36:38):
Act hopefully a few.

Speaker 13 (36:41):
Hopefully a few, Mike. I mean a lot of people
are rolling off their mortgages. Now we've got a large
chunk of our mortgage book rolling on too much lower rates.
That's certainly helping household budgets and I'm just hoping it
entices people to, yeah, get back out into the market,
get acted again, and more importantly, we need businesses investing.

Speaker 2 (37:02):
The Auckland shift of lake. Do you see that as
being real some of the numbers in the vibe we're
hearing in Auckland the engine room of the economy.

Speaker 13 (37:10):
Yeah, I do. We are seeing some green shoots and
pockets of the economy, which is nice. But we saw
these sorts of green shoots this time last year and
they withered away. So you know, green shoots is one
thing activity is another. We really need to see activities
lifting into next year before I gained confidence.

Speaker 2 (37:29):
Good on you, Jared, nice to catch up. Appreciate it
very much, Jared Kurt the Kiwibank Chief Economists, Christian hawksbick
what will be one of his final interviews before he
goes off and to do whatever Christian Hawksby is going
to do in the rest of his life will be
on the program roughly this time tomorrow, seven fifteen, The Like.

Speaker 1 (37:46):
Asking Breakfast Full Show podcast on iHeartRadio powered by News
Talks That be right.

Speaker 2 (37:52):
So here's the story, and then the story is the scandal.
As I became increasingly frustrated with the performance of the
New Zealand media or lack of yesterday, so I'm watching
this live stream Prime Minister and the Education Minister. They're
at a school. They're announcing the results of the nationwide
maths acceleration trial. If you listened to z B yesterday afternoon,
you would have heard this because we had it. If
you listened to radio in New Zealand, you wouldn't have
heard it. If you listen to stuff, you wouldn't have

(38:12):
heard it. If you listened to the Herald or read
the Herald, you wouldn't have heard it. If you're watching
the six o'clock news at TV and Z last night,
you wouldn't have heard it. So the results are there's
a twofold result. So it's the nationwide maths Acceleration trial.
This is year seven, seven and eight's fifteen hundred of
them who were more than the year behind in maths
the intensive model, the in person model. They gained over
a twelve week period. Two years. They advanced up to

(38:35):
two years in the twelve week period. The really important part,
and so you know Union's garb, Well, of course they well,
you have put the experts in with them, what do
you expect The really impressive part. That's impressive enough. The
really impressive part is simply by doing the new curriculum,
i EU do an hour of maths a day, which
is the government policy. You do an hour of maths today.

(38:55):
They gained a year in twelve weeks. One year in
twelve weeks, by any measure, is remarkable. And not only
is it remarkable, it is also a news story. Now
tell me why there were journalists standing there listening to
the Ministry of Education, the Prime Minister of this country
announced those results. And yet they went back to their

(39:15):
newsrooms and not a story was written, no coverage was given.
If you look briefly on the TV three news once
they waded through yet more boredom around moaning about teterity
because a song was sung to Erica and that was
a song of protest, apparently, so they needed to tell
you about that. But once they did that, they very
briefly mentioned the result. Apart from that, you heard from
no one, not on TV one, not in the Herald,

(39:35):
not on Radio New zealand, not on stuff. Why not?
Why not? You cannot tell me that isn't a story.
You cannot tell me that kids over a twelve week period,
who advanced one year in one of the most difficult
areas of education, an area that we've complained about, worried about,
moaned about for years, when they get actual, tangible, real results.
You cannot tell me that isn't news. And yet, acording

(40:00):
to most of the media in this country, it wasn't.
Now that's not overt bias. I don't know what is
seven twenty.

Speaker 1 (40:08):
The mic Asking Breakfast Full Show podcast on iHeartRadio, how
it by News Talk.

Speaker 2 (40:14):
Seppy Right Finally here Chemists, Warehouse Black Friday Sale. It's
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Shop and store, do it online if you like, Click
and collect, safe time, fast delivery straight to the door.
Teas and sees apply. It is all on great savings
every day at chemist ware Us. Asking about seventy twenty four,
what do Rachel Reeves and New Zealand Treasury have in common?
They love tax. They are myopic in their view of economies.

(41:11):
Economies always need more money, and tax, according to them,
is the only way to do it. Rachel reeves tonight
has perhaps the most anticipated budget of a generation. When
I say anticipated, I don't mean in terms of willingness
or excitement. People are dreading what she's going to do.
It has been a long long time since we have
seen the level of fiscal panic that we've seen under
the British Labor Party. They were not going to tax

(41:31):
more until they were but that was a broken promise,
so then they weren't. They've got a hold though. It's
about thirty billion just for the year. That's seventy billion
of our miserable South Pacific pesos. She has to make
some sort of attempt at closing a tax is her
preferred means of collection. Meantime, back here, Treasury writes another
of their doom laden messages to government, muttering about when
not if taxes have to rite. There's all good news

(41:53):
for New Zealand Labor. Excuse me, they love tax They
got the CGT already lined upset to go. I wouldn't
be surprised if there was more where that came from.
Do remember the CGT was but a part of their
wider economic plan to be released at a later date.
At some point we're going to have to work out
more tax. Greater tax is no way to run anything,
for the simple reason we aren't well paid and too

(42:16):
many people are on what most of the world considers
average incomes, paying ludicrous percentages of what they earn. Already
the top tax rate if he didn't notice, thirty nine
cents in this country, thirty nine at GST, at fifteen,
you're at fifty four at acc road user or the
other tax bollocks. Some are close at sixty cents in
the dollar, and Rachel and the Chrisses and the treasuries

(42:37):
that want even more. How about government where the central
law local look at doing less or doing more with less,
or simplifying or not just cost plus accounting everything. If
you know you have an unlimited source of income or overdraft,
there is no end to the damage you can do
through fiscal laziness. New Zealand Inc. And the UK Inc.

(42:58):
Are modern day examples, Mike, people have been rolling off
high interest mortgage rates for a few months over the
last two years. It's just a tagline. Now, Dan, I
take your point, but you're wrong. What you've got to
understand is people are continually rolling off higher mortgages. So
what happens. A lot of people are sitting around on
short term thinking, all Christian's going to move again and

(43:18):
again and again. So you do a little bit of floating,
you get a cart, you go right, I'll lock up
for six months or lock up for a year. A
lot of money on six months and one year, so
six months later people are rolling off. So the rolling
off process is a continual process. You don't just roll
off once and every time you do roll off. At
the moment, you are because the reserve bank keep moving,
you are rolling off into a lower rate and the

(43:41):
short money. What was it seventy five I think seventy
five percent of mortgages at the moment are due to
roll in the next few months because everyone's on the
short money, because they're thinking to themselves, well, I'll wait
until Wednesday and then I'll be able to get cheaper money.
And of course, if you're looking around at the banks
at the moment, some of them are giving you one
point five percent of what you're borrowing by way of
a cash backers. Talking to one of the guys here yesterday,

(44:02):
he paid off all his bills. Did everything change, banks,
change mortgages, and even after paying off all the bills
and all the paperwork and all the lawyers and everything,
he still ended up five thousand dollars better off simply
by walking across the road. So there's a lot going
on at the moment, and people are continually rolling off mortgages.
Now Estonia education Maths, we're doing well. They're doing well.

(44:24):
The education minister's here, we talked to her. Next.

Speaker 1 (44:28):
No fluff, just facts and fierce debate. The Mic Hosking
Breakfast with Bailey's Real Estate doing real estate differently since
nineteen seventy three.

Speaker 2 (44:37):
News togs had been Journey Politics Wednesday after a twenty
three to eight I shouldn't have been surprised, but one
of the most profound education announcements, as I mentioned earlier
on in the program, in a very long time, came
yesterday afternoon. It was largely ignored by the media as
part of the Governm's maths overhaul, and our A day
of Maths has on average delivered a full year's progress
in just twelve weeks. Now the specific trial group actually

(44:58):
got towards two years advanced. And anyway, the new curriculum
draws heavily from Estonia. They currently sit seventh on these
Peace of Education rankings. They are the top in Europe.
And Christina Kellis is the Estonian education minister who is
in the country and is with us. Good morning to you.
Good morning now as far as you're concerned versus what
we have done, are we doing better than you or

(45:20):
you are still doing better than us?

Speaker 20 (45:22):
When it comes to me, well, comparing the piece are results,
which is an international comparison of education systems globally. Estonia
is doing really great. New Zealand has had drops in
mathematic results, especially not so much in reading but in mathematics.

(45:43):
So we do learn from each other. I think that's
the most important part in the politics in general, is
also not only learned from the good results, but also
actually from the things that other countries have done and
which maybe have been a mistake, or learning from other
mistakes I think is also a to do. So I'm
here in New Zealand not to look, of course at
the New Zealand mistakes, but to look at the reforms

(46:05):
that are currently be done in education and to see
whether those reforms are actually going towards the direction that
I have to admit that many European countries are pondering
and wondering the same thing right now, because there is
a significant drop in performance and students, especially in mathematics,
but also in functional reading in many many European countries.

(46:25):
We also had a drop because of the pandemic, but
not that significant. But there's a big debate in Europe,
including in Estonia, about what do we need to change
in education system to bring the performance up again. And
the Estonian case, yeah, we have a very high results
right now. We have this kind of a knowledge rich

(46:46):
focused on learning, memorizing, repeating, applying, but also we need
in Estonia a lot to go to the other levels
of knowledge, which is and skills, which is more about
critical thinking. And I think New Zealand here has done
that prior. So I'm here to look at the New

(47:06):
Zealand reforms but also about the things that have been
gooded past and where New Zealand has been doing very
well in education system.

Speaker 2 (47:14):
What's your observation of our reform so far.

Speaker 20 (47:19):
I think that this is the right direction because in
order to actually develop critical thinking, analytical thinking, systematic thinking,
for example, ethical thinking, all those what we call twenty
first century skills. In order to develop those you actually
need to get basic skills there first, and basic skills

(47:39):
are very fundamental functional reading skills, mathematical logical thinking skills,
and math skills. Like on a knowledge level, you need
to understand a lot of geographical and biology and science
subjects in order to actually develop any kind of what
we call higher order thinking skills. So if we don't

(48:01):
get the basic skills straight, so the young kids before
the age of fifteen, then all other more complicated skill
developments are not going to be there. And that's what,
for example, in Europe we're really worried about because according
to the piece of results, thirty percent of European students
fail on basic skills in mathematics thirty percent, that's almost

(48:24):
every third, every fourth student, and we need to do
the changing curriculum for that as well.

Speaker 2 (48:30):
The one hour. It struck me in watching it yesterday
when they made the announcement that one hour a day
of maths, which is our policy now, one hour myths
to be able to gain a year in twelve weeks
is a remarkable thing. Do you see it as remarkable?

Speaker 20 (48:46):
Well, we have five hours maths per week, so one
hour per day. We have six seven hours of language
Estonian language reading per week. So we have a very intensive,
quite ambitious curriculum. We have always had it. So students
do a lot of math, a lot of reading, a
lot of science every day and every week at school

(49:07):
and we do see that you know, that performs and
they perform as a result of this. So I think
that what New Zealand where it's going doing one hour
math per day or one hour reading per day, vocabulary
and phonetics and grammar and text production and telling storytelling,

(49:27):
this is the right thing to do because that's how
the kids developmentally developed, That's how they acquire knowledge, and
based on knowledge they acquire skills and then then they
go much higher order skills as they proceed in education systems.
So to us, what New Zealand currently is doing in
curriculum is something that we have always had in education system.

(49:48):
We have always done that. A lot of math, a
lot of math at school.

Speaker 2 (49:54):
Good on you, Christina, that itsten nice to talk with you.
I appreciate your time very much. Christina kell us and
enjoys doying in the country education. It's only an education minister.
It's sort of like it's the weirdest thing to me
and the way she explained that, So they're successful. They're
indisputably successful. We now clearly are on the right track,
and yet we're talking about something. There's no rocket science here.

(50:16):
There was no revelation there was there. We just do
an hour of maths to day. We do an hour
of reading a day, as though that somehow we woke
up one morning and went, now, what were we doing
at school previous to this? It's just unbelievable. I believe
I have to apologize the TV one because number of
you let me know that they by six thirty six,
and this is my fault. By six thirty six, they did,

(50:38):
in fact, for forty seconds briefly mention this story yesterday.
So then we get into the slightly separate argument is
what I heard yesterday from the education minister was a
lead story. I mean, you know, all day long. But
we can argue that till your blue in the face counsels,
or your kid's future, which is your favorite story of
the DAA council's getting reformed, or your kid's future anyway,

(51:00):
does it may?

Speaker 21 (51:00):
I mean, they did have to tell everybody that Jimmy
Clifford died as well.

Speaker 2 (51:03):
Of course they had to get that on you anyway
for forty seconds, TeV one found in this, But that
doesn't excuse the rest of them that just astonishingly stood
there as journalists listened to those results, and I think
they ended up asking two questions about the results, and
then they moved on to all the other conspiratorial crap

(51:24):
that currently occupies their minds.

Speaker 21 (51:25):
I'm sure TV then posted a longer thing on their website, or.

Speaker 2 (51:30):
Did they Apparently they didn't according to according to the
people next to Uglin, they didn't do any of that.
It is sixteen to eight The.

Speaker 1 (51:40):
Vike Asking Breakfast Full Show podcast on iHeartRadio powered by
the News talks at me.

Speaker 2 (51:47):
Roger Gray. Can I congratulate him? This morning? He's the
head of Auckland Port and he gave a speech about
the kiw we know culture and he made a downbeat
prediction for the city rail link. They call you the
people's speech yesterday. They call you the people of no
New Zealand, No Zealand, No Zealand because you just say
no to everything. He claims Auckland's been let down when

(52:09):
it came to the cruise tourism business. He went to
Miami to speak to four major Cruz lines to find
out what the problem was. Our nay, saying attitude was
the answer. The Lioners had faced community protests of ship
visiting Milford Sound. Government was anti Cruz just into a dooon,
called them Petrie dishes. He said the new coalition was
a much more customer focused, positive attitude government. If you

(52:31):
wonder why I have a bromance with the Prime Minister,
he used to be my old boss. The port was
the first benefit from the fast track legislation. I'm very
critical of New Zealand as being so sour on the economy,
saying there was plenty of business to be done if
only the public would stop protesting it. He makes a
very good point, Mike, what about the comeback by the
Cowboys against the Eagles. That was a good game. It's

(52:52):
an excellent game. It's a very good game. I mentioned
that yesterday. It's one of the great comebacks. Were they
down twenty one dil I think they were down twenty
one nil? It was twenty one deal. Sam and I
enjoy this because Sammy supports the Eagles and fair enough too,
that are very good side. But I support the Cowboys
and the Cowboys were down twenty one nil and the
way only really the Cowboys can be. And then they
came back, and they came back and won, and it

(53:13):
was a very good game, very exciting game. Mike, did
you sort the Christmas balllls? So she was very funny.
You should say that. I received a call. It was
a video call from my wife yesterday and she was
in a different part of the country. She was in
what I loosely called the country, and she was at
our house there and she had taken our youngest daughter
there four reasons best known to my well, I didn't
know at the time why she had, but basically, our

(53:34):
youngest daughter had gone to raid our property and steal stuff.
And she goes, she's taking this, this and gym. The
videophone call was just going on. I was trying busily
to work and she goes, now she's taking that Do
you like that rug? I said, I love that rug.
Oh that rug's coming back. She's taken that rug then,
and she just came home with the boot and it
was a big truck. She took up just a big
boot full of stuff. My question is, when do the
kids stop nicking your stuff? Now this kid's moved out,

(53:56):
of home. Right, when do the kids stop nicking your stuff?

Speaker 21 (54:00):
They can have my stuff if they.

Speaker 2 (54:01):
Leave, well, no ours have left.

Speaker 21 (54:04):
Yeah, yeah, yeah, that's fine. If it means that they
stay away, they can take Well, you're.

Speaker 2 (54:08):
Better than I am, so they can have it. If
they left, they can come back and take whatever they want.
Got a new flat, they say I need a sofa
for the flat, They'll just take your sofa. And the
next thing you're saying on the floor.

Speaker 21 (54:17):
That's fine. I'll go down to Brisco's Black Friday Sail
and get a bean back fair enough.

Speaker 2 (54:22):
The other thing about Sammy, and I'm looking forward to
talking to Steve about this, is Sammy was out there
cooking a steak last night on his balcony. And it's
a good time of you for Sammy to cook the
steak on the balcony because he's got a table out
in the balcony. You can't afford a table inside. He's
got a steak, he's got a table on the balcony.
And the thing that I'm interested in at the moment,
I mean, obviously, Hanson was banned from the Senate for

(54:42):
her Burker stunt, but what was more interesting than that
was after the Burkers stunt. She went back to an
office and Barnaby Joyce visited and Barnaby Joyce is going
to defect this week. And she cooked them steak why Ago?
And they had steak and cellar? Now what did she
cook the steak on the sandwich press? And of course
Australia is a gas now they can you cook Wago's

(55:03):
steak on a sandwich press?

Speaker 21 (55:04):
Does it do a better job than an ear for you?

Speaker 2 (55:06):
It's a very good question. Those are the questions. Those
are the questions, glean. Those are the probing questions. You
won't hear that on Radio New Zealand or TV one tonight.

Speaker 21 (55:13):
We'll see Sam would like to point out, by the way,
well that he can't afford a table. Oh but his
apartment's too small for one. That's the main issue there.

Speaker 2 (55:23):
So what the really is he can't afford the lounge,
so he can't afford the lounge that would fit the
tape thing.

Speaker 21 (55:28):
By the sounds of things, the apartment is mostly outside.

Speaker 2 (55:31):
Yeah, it's nice to it.

Speaker 1 (55:35):
The mic hosking Breakfast with the Defender and used togs deadbs.

Speaker 2 (55:39):
Glen pointed out, I didn't get to the Christmas balls
did I she knit those as well? What's the point
she went there and knicked the ballballs and the furniture and.

Speaker 21 (55:45):
The roh you can't hit somebody knicking your ball balls.

Speaker 2 (55:47):
I don't think so either. Now from our science will
save us file continuous glucose monitors this is for type
one diabetes have helped over nineteen thousand keis reduced the
risk of amputations and vision loss. Now hither very is
the diabetes New Zealand and as well as Heather morning.

Speaker 13 (56:02):
Oh, good morning.

Speaker 2 (56:03):
Make are these monitors are the same ones they're wearing
on Hollywood all the time and lots of glovies and
stuff or where you know you buy your own glucose
monitor and monitor? Are they the same thing?

Speaker 22 (56:12):
Well, they could be, Yes, I think they are.

Speaker 2 (56:15):
But because it's become a thing you realize in the
fitness world that you monitor your glucose on an ongoing basis.

Speaker 22 (56:21):
Well, that's an interesting thing that for type one these
are actually life saving and life changing. So it's a
little bit different from the Hollywood one.

Speaker 2 (56:29):
Is it just type one or type two?

Speaker 22 (56:34):
Anyone who's installin dependent would benefit from wearing these. At
the moment, FARMAC are only funding for type one. They're
very expensive for about two hundred dollars a month, so
there's been a bit affordable, especially for young, young families
because you know type one comes as young as that's
when you get it generally in use. So it's not

(56:55):
only a financial burden, but you know it's a it's
a social burden because they're these ones are A type
ones are having to practice fingers eight ten times a
day in order to check their blood sugar levels. But
these cgms mean they don't have to do that, and
then also talks to their phone and gives them a
leak exactly, So quite different from a Hollywood situation.

Speaker 2 (57:15):
No, no, no, no, no, don't get me right, it's
not a Hollywood. What I'm telling you is you can
buy these things for yourself to monitor your own glucose,
whether you've got diabetes or not. I'm saying it. It's
like a it's like a it's a wop, it's an app,
it's a it's an aura ring, it's that sort of thing.

Speaker 22 (57:30):
It is absolutely that, yes, yes, yes, but the good
thing is we're now funder we never used to be,
so it's fantastic.

Speaker 2 (57:37):
On the calculation though, if you're saving fifty three thousand
dollars a day. The David Seymour line, I e. You
save here to save later. Then why don't we just
fund everybody? I mean, obviously I know the answer, but
I mean in theory it would work, wouldn't it.

Speaker 22 (57:55):
Well, well, yes, I mean, look, good luck on that, Mike.
I've been seven years campaigning to submissions and Select Committee
just to get the type ones funded. So that you're right,
I mean, I mean, look, it does say that. I mean,
the thing the difference is is that what they are saving,

(58:15):
which is the complications, and the complications are the you know,
the renal units. Gosh, you know, fifty percent of people
in the renal unit due to diabetes, blindness, stroke, cardiovascular
diabetes sort of sits at the at the bottom of
it of the It is a shame here, it is.
So I think, you know, if we can get more

(58:35):
funding and a little bit more intervention into things for diabetes,
and our goal now is to get type twos.

Speaker 2 (58:42):
Yeah, exactly, all right, Well, I wish you're best with it,
Heathern Heather very I'm sorry for being so practical about it.
I just thought, you know, if you've been now to
say later that's not a bad idea. Must talk to
David seymore about that at some time. It is politics Wednesday,
but moments away after the.

Speaker 1 (58:57):
News, asking the questions others won'te the mic, asking breakfast
with Veda, Retirement, Communities, Life your Way, News, togs Head be.

Speaker 2 (59:22):
This is has got sort of a bit of a
weird sort of appeal to me. This is part of
this is the Pet Shop Boys Disco five. They don't
obviously Disco one, two, three, and four. It's an infrequent
series of remixes, and so sometimes they remix their own
stuff and sometimes they remix other stuff, which what interests

(59:42):
me as a business model is it never ends. As
far as I can work out, does it mean you
just remix stuff for the rest of your life and
that's an income stream? I reckon the show remix would
be good.

Speaker 21 (59:54):
That's what I've been doing.

Speaker 12 (59:56):
Is that what it is.

Speaker 2 (59:59):
We got twelve of the tracks, most of them are
extended plays because we're extended mixes, as they say, and
from the d Flour one hour and thirteen minutes and
twenty two seconds one hour, thirteen minutes and twenty two
seconds for twelve tracks like third Games It's time for
politics Wednesday, and Jenny Anderson's with us along with Mark Mitchell.
Good morning to both of you. Good morning, Mike, morning Jenny,

(01:00:22):
Good morning Jenny.

Speaker 19 (01:00:24):
We could do a.

Speaker 2 (01:00:26):
You could do it. You could do a remix out
of context. That's actually but that's most of my show,
most Mornings actually as an album titled exactly out of
Context by Mike Hoskin. Are you aware of what we're
going to start with this morning, Jinny? I have been eluted? Yes, right,

(01:00:46):
So I got the letter Monday morning from Wayne, and
Wayne writes to me. He goes, Hi, Mike, Wayne, do
you know Wayne?

Speaker 23 (01:00:55):
No, but I might find out.

Speaker 2 (01:00:57):
Okay. Were you at the Wellington Business Excellence Awards last
Friday night? Yes, I was, good night head by all.

Speaker 23 (01:01:06):
It was excellent actually, like the caliber of those businesses
were amazing, some really interesting stuff going on.

Speaker 7 (01:01:12):
I can talk for that for a while. But Ingora
wool will.

Speaker 23 (01:01:15):
Yarns are putting goats on farms which eat the weeds
and they make money for the farmers, like real smart.

Speaker 2 (01:01:22):
Goats on farms. I think they've been doing that for
a while. To be honest, we've got deals.

Speaker 23 (01:01:28):
Will Yarns have got deals with foreign buyers on Ingora Wall.
That's doing really well.

Speaker 2 (01:01:33):
Fantastic. Well, let's let's just cut to it. I mean,
I'm used to asking the hard questions. Jenny, did you?
Did you or did you not reach over?

Speaker 8 (01:01:44):
Oh?

Speaker 2 (01:01:45):
Here he goes. He's got a fat finger mark if
you put yourself on.

Speaker 23 (01:01:49):
He's doing it to help me.

Speaker 11 (01:01:50):
Look at that.

Speaker 23 (01:01:50):
Mark's done something good.

Speaker 19 (01:01:52):
No, No, someone someone someone tried to call me.

Speaker 2 (01:01:56):
Was that was that LUs? It was Luxo counting the numbers,
obviously obviously someone that doesn't listen to the hosting show.
That'll be a middle of the labor base. Sorry, where
did you or did you not reach over the table
while Chris Bishop was away and swap your chicken for beef?

Speaker 23 (01:02:21):
I did, and it was delicious and I enjoyed it
with a good red wine.

Speaker 2 (01:02:30):
Does she sweat? Was bush? You're a dinner? It's a
bit more tired. It's a little bit more tired.

Speaker 23 (01:02:36):
I will take responsibility because I'm good like that.

Speaker 18 (01:02:40):
Meal drop.

Speaker 23 (01:02:43):
He can't swap with someone if you don't want it.
And he'd been away for quite a long time. It
was getting cold. It was a good cut of meat,
looking like it might go to waste so and and
then by all accounts, he looks like he really enjoyed
the chicken, so like everyone was a winner.

Speaker 2 (01:02:58):
I reckon, that's that's dodgy. Other have to watch my
food and coffee fields. Now Andy's are well. The difficulty
is that, unfortunately this is on me. I had Bishop
earlier on on the program, and of course the question
that needed to be asked, did you enjoy the check in?
And I completely check anyway. Well, good on you, Jenny,
thank you, thank you for owning up to that. Now
other matters, regional councils, briefly, very briefly, because I don't

(01:03:21):
think anyone really cares. Will you Ginny live with that?
Broadly speaking as an idea, as does it strike you
as problematic?

Speaker 23 (01:03:28):
Well, there's trying to tack all the same problem that
we were doing, which is, at the end of the day,
you've got small areas with a rating base that won't
support the infrastructure that they need. So they're coming at
it from a different way, but it's essentially the same
approach to the same issue we have with three orders,
with all of those issues. So this is a longer route,

(01:03:49):
probably a bit least bumpy, but it has actually still
got some big issues about how it's actually going to
work in practice, so we're interested to see how it goes.
I mean, but you know, we all agree that there
does need to be some work and reorganizing local government.
I think it's a little bit unfair to do it
immediately after a local government election. A lot of those

(01:04:11):
people who did go to the polls didn't realize that
when they were voting for the mayor they were going
to have more power than what they thought. And those
regional councilors who potentially won't have a job, so they
probably could have done that out of the sake of
good democracy and good processes to have that on the
table before people went to vote.

Speaker 2 (01:04:28):
Would you defend that, mute?

Speaker 15 (01:04:30):
Yeah.

Speaker 19 (01:04:31):
I've been pushing for this because as Emergency Management Minister,
I've been to nineteen local states of emergency around the
country in the last two years and I've seen what
an extra lay of governance can create real problems, issues
and confusion, and we don't need that when you're dealing
with emergencies. And a good example as war where the
river Mouth was mismanaged and as a result we had

(01:04:51):
a whole lot of houses that were flooded that probably
didn't need to be, and we had to put a
crowd manager in there because the relationship between the district
council and the regional council was under severe pressure. So
and I'm not going to throw any one of the bus.
I've had a few examples like that around the country
in relation to another layer of governance that I don't
think we need. So I'm a big supporter.

Speaker 2 (01:05:10):
Okay, brief break more in a moment.

Speaker 1 (01:05:11):
Thirteen past the Mike Hosking Breakfast Full Show podcast on
iHeartRadio powered by News.

Speaker 2 (01:05:18):
Talks B New Talks at Me sixteen past eight, Ginny
Anderson and Marke Mitchell Willis, Ginny, what's happened to poor
old Greg O'Connor? How come he got squeezed? What happened there?

Speaker 19 (01:05:28):
Oh?

Speaker 23 (01:05:28):
Well, it's a selection process, so good candidates went up.
There were a few there in the selections taken place.
So I think he's taking stock of what he is
going to do next and decide whether you're Helstein on
the list.

Speaker 2 (01:05:39):
What would you do? Would you take it personally if
you got de selected from your seat?

Speaker 23 (01:05:44):
Oh, it's always a tough process going through a selection process.
Some of those internal ones can be some of the
toughest I've actually been through, to be honest. So yeah,
it's not an easy one because you've got to put
yourself out there and amongst you know, your colleagues, and
then deal with the outcome and holds your hit up.

Speaker 2 (01:06:00):
But he seems good.

Speaker 23 (01:06:01):
He seems like he's doing it.

Speaker 2 (01:06:04):
But low key on him. Does no one like him,
but good guy. He's a good guy.

Speaker 23 (01:06:09):
He's a hard worker, and he's been really good as
Deputy speaker. No one marks with Gregor O'Connor when he's
in a cheer you don't. You don't often seem at
question time, but times in the house he's he's really decisive.
I think his police skills coming quite well making a
call and stick.

Speaker 19 (01:06:25):
You know him well, well, yeah, I do know very well,
and I've got an enormous respect for him. He was
the president of the Association for a long time. He
had a he's had a policing career should be very
proud of, and which involved the undercover program as well.
It's a complete mystery to me, while they had a
guy like Gregor o' connor in the caucus, they put
someone like Poto Williams and his police minister. So I

(01:06:48):
think the local buddy completely under your laws.

Speaker 2 (01:06:50):
The Renny guy junny. I mean, I know this isn't
your problem, but I mean, why why are you need
another unionist? Goodness sake? He's also an economist.

Speaker 23 (01:06:58):
He's actually pretty smart. He's been really helpful in understanding
things like holes and National's budget, like going through line
by line and understanding where things are at. So he'll
be a big gest set to the team for looking
at budget documents and really understanding where people have hidden
the money. And when you're in opposition and I'm doing
that now for a scrutiny where you've got to line
by line look with documents, you don't you do because

(01:07:22):
they have a mess of that. They'll put things forward
and say that adds up. It is we know with
Paul Goldsmith that some things don't add up and the
public need to.

Speaker 2 (01:07:30):
Know that is what would your advice, Mark be to
Michael Wood? Because I find this weird. He goes away
in some disgrace and then he decides to reheat himself
for another crack. Is politics one of those things you
can't shake?

Speaker 19 (01:07:44):
Well, Some people just can't stay away from it what
you institutionalized in the areas. But my advice to him
would be that Tom carl has got the outstanding impedi
and now and Carlos chunk. Carlos is everywhere which we
are for his electorate, and he'll put his credentials sword again.

Speaker 2 (01:08:03):
And I'm becking in am I correct in saying Jinny
that Michael would have to get selection for his seat
his old seat? Is that writer? Is that a done deal?

Speaker 22 (01:08:12):
Now?

Speaker 23 (01:08:12):
That's that's in every case, And there's always a process
where everyone says who's in and you put your hand up,
and if there's more than one, then he's a contested selection.
And I think with Michaels there was no other candidate,
so he was the only So.

Speaker 2 (01:08:25):
He's already been selected. There's no other candidate. Was there
no other candidate because Michael did a deal somewhere with
somebody who goes if I stand or be no other candidate?
Is that how that works?

Speaker 23 (01:08:35):
Look, I'm not up on the ground in Mount Roscoll
understanding the intricacies, but from what I understand, he was
the only candidate, and he was selected as the labor
candidate for the Mount Roskill. And now the job ahead
of him is to be everywhere more so than Carlos,
and to win that seat in order to get do that.

Speaker 19 (01:08:50):
That's impossible.

Speaker 2 (01:08:51):
You reckon, you got, you got, you got Roscoll's sign up?
Have you market? You're calling this one early. With Carlos,
he is everywhere that guys.

Speaker 19 (01:09:00):
Just I've been really impressed with him as a local
mpea on the emergency management side of his right across that.
So yeah, I've been really impressible.

Speaker 2 (01:09:10):
Okay, do you cook steak? Given your red election towards beef, Jenny, Yeah,
I can tell. Do you cook it on the sandwich maker?

Speaker 7 (01:09:20):
No?

Speaker 1 (01:09:20):
I do not.

Speaker 2 (01:09:20):
Pauline Hanson, you know the Pauling Hanson story. She cooked
it on the sandwich maker. It's awful. She can't. It's
terrible about this.

Speaker 19 (01:09:29):
I have a theory about this. And actually, to be honest,
when you when you think about it's obviously that Sam
has got space issues in his apartment, right, so get
rid of the barbecue. You know how much space a
barbecue takes. Correct, put a toasty out there and you
can see me on the other his mate, but he
can tast on the toasty. He's gonna say, Rupe, I

(01:09:52):
got another theory on this boke, Okay, I reckon that
if when you're really this is the same for all
of us, when you're really really hungry, Like if I'm
really really hungry, I would eat a Russel spirit rightly hungry.
If I'm not hungry, if I'm not hungry, I'm giving
the Brussels spirit the cold shit the shoulder.

Speaker 2 (01:10:07):
So it all comes the end of how hungry you
are a great life role. It is a great life rule.
I've thoroughly enjoyed this. Nice to see you guys. We'll
see you next week. Mark Mitchell and Ginny Anderson eight twenty.

Speaker 1 (01:10:16):
One, The Mic Hosking Breakfast with Bailey's real Estate news
talks did be.

Speaker 2 (01:10:22):
Speaking of Sammy and A real Estate and Bailey's real estate.
They've been proudly one hundred percent key. We owned and
operated more than just the legacy. It's a promise. It's
there promise to you, and it means putting people first.
Of course, leading by local expertise and having a commitment
to excellence that enables Kiwi's nationwide to achieve their real
estate goal. So whether it's residential or commercial or rural
or property services. Bailey has been supporting New Zealanders at

(01:10:44):
every age, at every stage for fifty years now, half
a century humble beginnings Bailey's real Estate, they've grown into
the country's largest full service real estate agency. So they've
got one hundred offices, more than two thousand people, stretching
from Kerry Carry to in Vcargo to the Islands. In fact,
they're proud of the local leg as they should be,
and they're proud that they've been doing things differently basically

(01:11:04):
for fifty years, delivering the local know how that gets
the best results. Probably one hundred percent here we owned
and operated. This is Bailey's real Estate. They are the
best there is in the business. Bailey's dot co dot
NZ asking LEAs just show me a photo of the
just how it's big balcony, big big balcony, And he

(01:11:25):
said because he only had the shot of a lounge,
which was very tindy. Lounge was a nice lounge, looked
like it had been recently vacuumed. It looked good. And
I says, they're all to the apartment and just the
lounge and the balcony goes, yes, there's there's there's the
spare room, and there's the kitchen, and then there's the library.
Called it the library.

Speaker 21 (01:11:40):
Library slash study. I believe that's how he referred to it.

Speaker 2 (01:11:44):
Itsacial no dining table though it's I mean a lot
of facilities.

Speaker 21 (01:11:49):
But ay, there's a reading table in the library.

Speaker 2 (01:11:52):
This's probably the small cricket old rent table, beautiful antique
piece from the seventeen hundreds. Mike, My thirty eight year
old daughter still does this raids rates as our daughter
came and stole some stuff from us yesterday, raised the pantry,
makeup shoes. Lucky. She thinks my wardrobe's boring. No taste, Mike.
We cooksteak and sausages on a Brevel cheese toast machine
all the time, wagu Mike on the George Foreman wicked.

(01:12:15):
My husband cooks all our brunches on a sandwich maker.

Speaker 21 (01:12:19):
Is the Brevel cheese toast machine? Like specifically just for
cheese toast? But it sounds quite quite a specific name.

Speaker 2 (01:12:25):
I've never heard of the Brevel cheese toast machine, but
it does sound.

Speaker 21 (01:12:27):
Very including cheese.

Speaker 2 (01:12:30):
Yeah, don't bother with that one exactly. Rather than focusing
on the great mathematics story, Mike, the media. We're more
concerned about Cristopher Luckson's response about would you be worried
if there was an election today, several of you ministers
would lose their job. Luckson's response was no, so they
make a mountain out of a mole hole. Yeah, that
was the other embarrassment of the media yesterday. Having watched
that thing live, his reference that he wasn't worried was

(01:12:51):
not about I don't care if all my people lose
their job. His reference was it's a year away from election,
and what he needs to do was being more like
Erica was yesterday and just turn around and go can
you stop asking stupid questions? This is an important issue.
We've made a significant announcement today, and if you're literally
going to stand here and waste your time, don't waste mine.

(01:13:13):
Because I'm the Prime Minister and you're a dickhead, all
words to that effect. It's going to be different when
I'm running the place news for you in a moment.

Speaker 1 (01:13:24):
And then Steve Price, tough On power sharp on inside
the my casking Breakfast with the Defender, embraced the impossible news,
Tom dead b.

Speaker 2 (01:13:37):
Mike I had the same view as you yesterday about
Luction's comment about saying he wasn't worried about losing some MPs. Well,
see that's the point. He didn't say he wasn't worried
about losing MPs. It was all in the context. I
mean the question that this was at the stand up
at the school and the question was on today's polling,
you would lose x number of MPs if an election
was held now, the point being an election hasn't been hailed,

(01:14:00):
and it's not being held next week or next month.
It's next year this time next year, an election is
eleven to twelve months away. Therefore, he's not even thinking
about an election, and he's not worrying about losing MPCE
because he's not wholy. He's got other things to think about.
So it was a complete and utter non story that
got made into a story because people have agendas. This
is how you handle it. Carney Canada was asked the

(01:14:23):
other day, this is about trade talks with the US
and Canada. He was asked when he last spoke to Trump?
Another classic boring media a stroke. When was the last
time you spoke tonight? When was the last time he
spoke to Trump? Carney responded, who cares? Who cares? It's detail.
I'll speak to him when it matters. See that's how
you do it. Twenty two minutes away from.

Speaker 14 (01:14:42):
Nine International correspondence with ends in Eye Insurance, Peace of
mind for New Zealand business.

Speaker 2 (01:14:49):
See prices with It's in Australia. Good morning to you.
Very good morning now Chris Bowen. He's got his new
role as COP president. So just I don't think we've
talked about it since it became official. You lost Cop,
you didn't get Cop. Turkey got Cop. So where does
that leave you? And does anyone care?

Speaker 8 (01:15:06):
No?

Speaker 12 (01:15:06):
Well, Adelaide probably cares because they thought it was going
to bring in a whole lot of very rich global
warming fanatics who flying on their private jets to Adelaide Airport.
It spent lots of money, but it was going to
cost the Australian tax base somewhere between one and two
billion dollars. So the white public, I'm very happy that
we're not going to get next year's COP meeting Chris Bowen. Meanwhile,

(01:15:30):
who is the climate change Minister? He was there in
Brazil pushing Australia's case to have this meeting when it
didn't happen, and the meeting is going to Turkey, of
all places. I looked up Turkey the other day. Most
of their power comes from either imported diesel or coal.
By the way, Chris Bowen is now going to be
something called the COP thirty one Negotiations President. You might

(01:15:52):
well ask what that exactly is. Well, apparently Turkey has
a president of COP and then because they didn't want
Chris to be too upset, they're going to have him
flying around the world doing all of these negotiations and
meetings As to what exactly will happen in Turkey when
it happens next year, why would be Chris Balen who
would know? Now he's coppted it in question time. He's
been called a part time minister. He gets up there

(01:16:15):
in rants and raves and tries to defend it. We
do learn today that one of the first big meetings
he was supposed to be going to next year is
going to be held in Colombia, where the Netherlands and
another twenty four countries including Australia, have issued a joint statement.
I'm not sure where New Zealand signed up to this
that we would phase our fossil fuels. I mean, the

(01:16:36):
thing you think about with this and Bowen is a
dreadful minister. How many This is an industry of meetings
all around the world, people flying on planes to go
and talk about how they're going to phase out the
fuel that was in the plane that they got there
for in the first phase. How do they think planes
are going to work if you don't know if you
phase our fossil fuel.

Speaker 2 (01:16:58):
And if you read the communication from this year meeting
fossil fuels, we won't even mentioned because I think the tides.
You mentioned it the other day, the tide without getting
into a big argument about climate change. The realization has
come to pass that whatever we promised in Paris all
those years ago is not doable, will not come to pass.
And the more meetings you have talking about it, you're
just wasting your time, aren't you.

Speaker 12 (01:17:18):
Yes, exactly. And you know, look, Lady's got such a
majority in this country they want to get away with it.
I mean, it will be a question time thing to
laugh about for a little while, but at the end.

Speaker 2 (01:17:29):
Of the day and it's not going to really matter, right,
Pauline Hanson, News are several questions I've got to you
one the Burker things she's gone for six or seven days.

Speaker 8 (01:17:37):
Two?

Speaker 2 (01:17:38):
Has she got Joyce across the line? Three? Is cooking
wagu on a sandwich press the go to in Australia.

Speaker 12 (01:17:46):
Now, well, come to three in a minute, because that's
the big question that everyone's talking about. No one's doing
about anything else. Has she got Barnaby Joyce across the line?
For let's just remind people in New Zealand. Joyces his
former deputy Prime minite So he's held the Nationals leadership
for a long time. He's been sidelined by the current leader.

(01:18:07):
He doesn't like the fact that he's not got a
senior position. He's sitting there on the back bench with
very little to do. Will he go to One Nation?
I'm predicting we'll find that out. Took ten now on
the end of the week, and I suspect he will.
And he's then been lined up as a future leader
of one Nation. When Pauline finally gives it away the
burkerfect question, well, you know, the lower House has only

(01:18:28):
got this week to Senate's got Senate estimates next week,
so they've got next week. The seven day band matter.
To Pauline, she says, no, it doesn't matter at all.
She got her, and she got the publisher that she
wanted to get, and she wants to have the nation
to have a debate on whether we should talk about
whether full faced Booker should be banned or not. On
the wagu state, I mean, where do you start? For

(01:18:50):
a start? She had two thumping thick pieces of very
heavily marveled wag you beef. Now you're a wag you man,
I suspect.

Speaker 2 (01:19:01):
What's that big box?

Speaker 12 (01:19:03):
Were one hundred of steak? We tipped it out? What
a waste I mean, And when you think about it,
I mean, the way to cook wag you, as you know,
is on a red hot, stainless steel plate where you
escrape away the fat. Where did all the fat go?
Once you turned the sandwich press together to cook these things?
Someone else suggested Barnaby should have probably got could have

(01:19:25):
got food poisoning because she didn't wipe the beef down
and salted and oil it properly anyway, And I'm being
very technical here, but that was ridiculous. I mean, seriously,
what a joke. When I saw that she'd done it,
I thought I'd never heard of anyone in the world
cooking steak on a sandwich press, except for in some
I don't know, sharehouse in a poor suburb of Auckland

(01:19:47):
where university students are all hanging out.

Speaker 2 (01:19:51):
I mean, really very shocking. Now, where are you at
with your lower speeds on the country ride? You've given
that up as well or not?

Speaker 12 (01:19:57):
Yes, this was a federal government plan to cut speed
limit on country roads from one hundred down to seventy. Now,
while were we going to do that, Well, we're going
to save lives on the country roads as the main reason,
they said. But one of the local officials who came
up with this idea said it would also very much
help us bring down our carbon footprint. And that's when
the world lost their mind and the farmers out in

(01:20:18):
the bush were going, look, come on, what seventy on
a country straight country road? I mean, the only reason
you should be doing seventy on a country road in
Victoria is they're littered with such big potholes that you
car can disappear. I mean, you know, the great land
or of a Defender that you talk about in your program.
That might be okay, but driving along in any other
sort of car, the amount of damage being done by

(01:20:41):
unrepaired potholes is unbelievable. So no, we scrapped that. We're
going to stay it up right now.

Speaker 2 (01:20:45):
Are you ready for the headline yesterday? You probably saw
it in the Australian Press and I thought immediately of
you the headliners as follows favoring Lando now isn't an
anti pastry conspiracy. It's the right thing to do. What
lunatics said that that was in the Sydney Morning Herald
and their argument is because pstre kind of can't do it,

(01:21:07):
you've got to stop the Stappen. To stop the Stappen,
you've got to lean with Lando and go with him. Cut.

Speaker 12 (01:21:13):
Yes, take the Sydney Morning here of Melan Regent.

Speaker 2 (01:21:15):
Okay, fair enough, all right, nice to see. We'll see
you next week. Steve Price out of Australia. It is
sixteen to nine.

Speaker 1 (01:21:22):
The Hike Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks.

Speaker 2 (01:21:27):
At b Tilla did rid yesterday. That is emboldened by
a little bit the a Poto Key harbor and what
was depressing about it was it's the first harbor that's
been built in decades, which is a shame anyway, it
started back in twenty eighteen. Jones was there, Shame was there,
and it's going to well we'll see how much it revolutionizes.
But the construction created a couple of hundred jobs indirect

(01:21:49):
employment of course all over the place. A lot of
dredging going on anyway. The economic modeling by the district
council are the Apotokey District Council. That could be the
last thing they ever do. They're on the way out,
of course, will produce one hundred threenty two million and
economic benefits to the region, which is good. Came out
of ninety five million from the Regional Investment Opportunities Fund,
twenty million from the Bay of Plenty Regional Council.

Speaker 22 (01:22:07):
There to go.

Speaker 2 (01:22:08):
They have plenty of regional council. It's probably the last
thing they'll ever do. Invested just over fifty two the
government fifty two million in the last six years in
the muscle processing business. That came from the Provincial Growth Fund,
remember the old Provincial Growth Fund. The next question I
have for you, would you go see Michelle Obama. I'm
reading in the Australian Press this morning. She's due there
next year. She's a couple of nights, one in Sydney,

(01:22:29):
one in Melbourne, and it seems to be part of
this I mean one. It's the experiential thing that we
all seem to want to spend our money on these days.
We want to go see things and do things, and
Michelle Obama is the latest see. I hope that Oprah
Winfrey I called it. I don't think I called it
publicly because that would have been mean to me to
do it. But privately I said, Oprah's no one in

(01:22:50):
the world Oprah these day is going to sell out
Vector Arena because between the last time Oprah was there
and now, Oprah's image has not really been enhanced to
any great measure if you followed her particular story through
weight watches, so I note that she's been moved to
a smaller venue. But Michelle Obama, I would have thought
to a limited watch, isn't it? I mean really, I mean,

(01:23:12):
what is it you want to hear from Michelle Obama?

Speaker 12 (01:23:14):
What was she?

Speaker 2 (01:23:15):
Well, she was the wife of a guy who ran
America for a while, So I mean if the guy
who want ran America came you'd think, oh, yeah, fair
enough and go. I mean I went and saw Barak
and he was dreadful, but at least he was the
president or ex president, where she was just the woman
who married the president. So I don't know that's a
night out.

Speaker 21 (01:23:32):
But possible future president.

Speaker 2 (01:23:34):
Nah, She's ruled that out enough for us to I
don't don't.

Speaker 21 (01:23:38):
That's what they all say, though, isn't it. Do you
mean Marjorie Taylor Green said the other day that she
wasn't running for president?

Speaker 2 (01:23:44):
Do you want to go work for the Herald? Is
that where you're heading?

Speaker 19 (01:23:47):
Now?

Speaker 21 (01:23:48):
What was Christopher Luxen doing it at school yesterday?

Speaker 2 (01:23:51):
He was exactly really what was he really doing anyway?
So sorry, I don't even know that Michelle's coming here.
She's just going to Australia, and I, from what I
know of how the things work, if you go to Australia,
you turn up here. So if they announce in the
next day or say, as you're turning up here, is
that something you're interested in? What would you play to
go see Michelle Obama turn away from nine.

Speaker 1 (01:24:10):
The Mike Hosking Breakfast with a Vida, Retirement, Communities News,
togs Head be Now.

Speaker 2 (01:24:15):
If you ever wanted a kitchen that looks and feels
truly yours. You did. It's the answer because you did it.
Kitchens let you basically create exactly what you want. They
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(01:24:37):
step up to a wood grain texture if you want.
If you want to go super dupa, it's ultra touch
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(01:24:58):
to last. Every detailed taylor by you. You did it,
from everyday excellence to statement design. There is a style
for you, and it's where style meets precisions. So you
do it U du i. That's why their customers say
I did it myself. Pasking like fifty dollars for Obama.
If there were light refreshments and scones included in the

(01:25:20):
ticket price. It seems reasonable. Mike. You keep ruling out
being Prime minister, but we all know it's coming.

Speaker 8 (01:25:24):
Mate.

Speaker 2 (01:25:25):
Now, I think if I can get that Michael Wood
deal whereby no one stands against me, that Michael Wood deal,
that was a good one. I don't know how you
arrange that, but it's an excellent one. Mike. I think
Luxan needs to stop being nice and polite and deal
with the media as they deserve. Tell you what if
you didn't watch it, just just if you get a
couple of months, go look up the tape of that yesterday.

(01:25:46):
And at the very end where Erica goes loose and
she she's talking about the list. The unions have drawn
up a list trying to embarrass Principles into signing it.
On this teterity thing, you say, all of these schools
are going, oh no, we're going to promote to deterity
or and or the business of the curriculum review. Can

(01:26:07):
you slow down on the curriculum review. We don't like
the curriculum review anyways, Holow Principles on the list. She
was claiming that they've been bullied into it and she
went for it, and Luxon was staring into middle distance.
I was watching him closely. He was steering in the
middle distance at the time, and I thought, are these
pennies dropping, mate, listen to what she's saying and how
she's saying it. Are the pennies dropping. Stop being such

(01:26:29):
a nice guy with it. But I think that's just him.
I just think he's a nice guy and he doesn't
know how to say you're a dickhead, and he needs
to learn to say that more often, not on the show,
but on other shows. Five minutes Away from nine.

Speaker 1 (01:26:43):
Trending now with Chemist ware House, Black Frondy Sale for now.

Speaker 2 (01:26:47):
He said that to me. I cry. The vice president
of Campbell's Soup has found himself in a bit of
bother because of leaked audio from an executive meeting.

Speaker 12 (01:26:56):
It's barely any more so.

Speaker 4 (01:27:00):
Given look at it, bio engineered me.

Speaker 16 (01:27:05):
I don't want.

Speaker 12 (01:27:07):
A piece of chicken that came from a three D printer,
poor people.

Speaker 2 (01:27:23):
See that really needs to be like that's you do
a press conference. That way you're going all the way
to the top. His name is Martin Belly. He is
currently the vice president. I'm assuming for not much longer anyway.
So that's Campbell Soup's particular problems on the day. The
other good news I can leave you with today is

(01:27:44):
All's Fair had got a second season. This is I've
watched one episode of this and I shouldn't get too
excited because for the aesthetic, I said to you at
the time, this is the Kim Kardashian Glenn Close thing.
It's in terms of acting, it's very ordinary, but in
terms of the aesthetic, the clothing, the fashion, the houses,
the car, it's GOB's making it.

Speaker 21 (01:28:01):
So you put it on your frame TV with the
soundown and just watch it exactly right.

Speaker 2 (01:28:06):
All's Fear has got a second season, so it is
Hulu's biggest original scripted series in years. So for all
the critics can't argue with the numbers.

Speaker 12 (01:28:18):
The first away.

Speaker 2 (01:28:19):
We are back tomorrow morning from six look for your
company Happy Days.

Speaker 1 (01:28:33):
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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