February 12, 2025 • 13 mins
THE BEST BITS IN A SILLIER PACKAGE (from Thursday's Mike Hosking Breakfast) Come On, Guys/Trump Gets It Done/What's Seymour's Angle?/Banks Are Really Struggling
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Speaker 1 (00:09):
You're listening to a podcast from News Talk, saidb follow
this and our wide range of podcasts now on iHeartRadio,
Used Talk, sed be.
Speaker 2 (00:21):
Talk, Good Idea and welcome to the re wrap for Thursday.
Speaker 3 (00:25):
All the best.
Speaker 2 (00:25):
But it's from the mic asking breakfast on news Talks.
He'd be in a sillier package. I am Glen Hart
and today Trump. I guess we're just going to have
to talk about Trump every day for the next four years. Great,
so you've got a prisoner released, and yeah, he's doing
other stuff.
Speaker 3 (00:46):
Talk about that.
Speaker 2 (00:48):
Seymour versus luxem I feel like Seymour's really is gearing
up to become the leader of the opposition party in
New Zealand. In many ways, I was saying that as
a joke a few weeks ago, but given what's happened recently,
maybe it's really happening and more bank profit news and
it's not for kind of news that bank customers like
(01:08):
us like to hear.
Speaker 3 (01:09):
But before any of that, flurie, come on, guys.
Speaker 4 (01:13):
Really, in a country that has some really big problems,
watching councils battle central government over fluoride defies belief. Firstly,
councils can't have the old cake and eat it canty,
I mean, think about it. Council spend an inordinate amount
of time asking government for help, endless amounts of money
and arguments over things they shouldn't be doing, and then,
having done that, they fight with central government over how
(01:35):
they suddenly need more power. Then the participation rate. Few
people vote in local elections. I think we'll find that
out this year. So we want to have non experts
telling us what to ingest, having been put there by
a handful of people who can be bothered to vote
in the first place. I mean, why have experts on anything?
Why don't councilors open up GP clinics and tell us
what's wrong with us. They can do our taxes. We'll
(01:56):
save a fortune on accountants. They can build our extensions.
I mean, because surely if you know about fluoride, you
can swing a hammer. There aren't many towns and cities,
of course, in this country that aren't grappling with the
basics rubbish roads services, the cost of them. There are
not many towns and cities in this country that aren't
in a fight. Over the year increasing cost councils and
pose upon us. There are a growing number of towns
and cities that are clearly run by councils wildly out
(02:18):
of their depth. We broadly are not well governed. And
whether that is because the people who run them maud
up to much or we aren't interested, or that are
both as a very good debate. But at no point
is any council anywhere in a position to dispense health advice.
Do they want powers to ban sugar and prescribe exercise
as well? Health is not a democratic exercise anything. Even
if they went to the locals, the locals are no
(02:40):
more medically equipped than they are to know or tell
us what the benefits are otherwise of any ingested medical
ingredient may or may not be fluoride. And it's like,
is not a popularity contest. It is why we have experts.
And although experts at times can be found wanting, by
and large, they are more knowledgeable than we are. Hence
we rely on them. Hence they're called experts, not counselors.
Speaker 3 (03:01):
Yeah, I mean this has got to stop. This has
this whole.
Speaker 2 (03:08):
Mistrusting people who've trained for years and years and years.
Speaker 3 (03:17):
I've literally I lost for words on this one. Come on,
come on, guys, news talk Zeth been now to a
man who's never lost a words.
Speaker 2 (03:27):
Donald Trump and Mike watched with interest as the latest
Russian hold American was no longer held by Russia.
Speaker 4 (03:37):
Late yesterday afternoon, ten thirty at night in Washington, go
called Mark Fogel. If you missed it, have a look
at it. There's another one coming today. Fogel got grabbed
three and a half years ago in Russia for some
medical marijuana, and Griner was the famous case. Of course,
Fogel should have been gotten out, as Trump pointed out yesterday,
but he wasn't because Biden was asleep of the wheel.
First thing you noted yesterday, Trump was still working at
(03:59):
ten thirty at night. I mean, his work ethic is
unmatched in terms of presidential rigor. The concept of Biden
wandering out at ten thirty at night is, you know, fascicle. Anyway,
this guy Fogel got taken out of Russia yesterday. Flying
back to the White House, he turns up, so a
couple of really interesting things putin. Let these guys go,
and as I say, there's another one coming today for nothing.
(04:22):
Now that doesn't happen, So why did he let these
people go for nothing? Well, it wasn't for nothing, of course,
And this is the phone call the hour and a
half to day. Hick Seth said what he said today
for a specific reason. So how this thing's going to
unfold us? As follows, the Americans are going to get
rare earths, They're going to get guarantees of rare earths
and territory out of Ukraine in return for security guarantees.
Russia's going to get some land. Zelenzi's gonna hate that.
(04:45):
He's not going to get into NATO either. So the
ultimate loser he is going to be Zelenski, but he's
going to have to suck it up. How NATO handles
this I don't know yet. But nevertheless, this guy Fogel
turns up at the White House. Fascinating to watch. He's
either drugged up or drunk or he's unusual. But have
a look at the video you'll see what I mean.
They ask him, obviously what it was like in Russia.
He goes, I need some time to reflect on that
(05:08):
before I answer. Now, that's an answer that was given
to him. It was planted, and they said, don't say
a word. What he did say before he said that
was I spent one hundred of my three hundred days
in hospital, and they injected me four hundred times. Now,
surely the point, if you're a reporter of any note, salt,
or you're worth at all, is what were they injecting
(05:30):
you worth, mister Fogel. Nobody asked that question anyway. He
was then shuffled off to the Lincoln bedroom but to
watch Trump at ten thirty at night, having sprung this
guy in a two and a half week period, after
his ninety five year old mother went up to him
in butler the day got shot, went up to him
in Butler and said, can you help me get my
(05:52):
son out of Russia? And Trump said, watch me, we'll
do it. And two and a half years later, when
the guy had been there for three and a half
years and Biden had done nothing, that is presidential power
that will serve you well.
Speaker 2 (06:05):
I mean, I think it's quite possible that he was drunk,
because I saw a picture of him coming back on
the plane and he was had a very large glass
of what appeared to be whiskey or some other similar
amber liquid in the glass, and he was kissing the
outside of the glass at that point.
Speaker 3 (06:26):
So whether he'd already had one, and this was a
second or third. I don't know, so it might have
been drunk.
Speaker 2 (06:31):
But also, are we not worried that we've got a
sort of a homeland situation. We're just going to have
to watch this guy carefully, aren't we make sure he
doesn't You know that he hasn't been turned.
Speaker 3 (06:45):
Have I been watching too much TV?
Speaker 1 (06:47):
Talk? Sib.
Speaker 3 (06:48):
Yeah, So Mike's been really impressed.
Speaker 2 (06:50):
Actually, I think with the way Trump's been delivering on
his promises.
Speaker 3 (06:54):
By the sounds of.
Speaker 4 (06:55):
Things, is ms Lebett in the White House.
Speaker 5 (06:57):
A president just recently got off the phone with President
Zelensky of Ukraine. His truth is as follows. I just
spoke to President Zelensky of Ukraine. The conversation went very well. He,
like President Puhin, wants to make peace. We discussed a
variety of topics having to do with the war, but
mostly the meeting that is being set up on Friday
(07:18):
in Munich, where Vice President J. D. Vance and Secretary
of Secretary of State Marco Rubio will lead the delegation.
I am hopeful that the results of that meeting will
be positive. It is time to stop this ridiculous war
where there has been massive and totally unnecessary death and destruction.
God bless the people of Russia and Ukraine.
Speaker 4 (07:39):
His truth is as follows, is that the new circle back.
Mike Wilson regarding Trump and the release of Mirke Fogel.
Whether you love Trump will hate him. He gets things
done and he's true to his pre election promises, something
pretty rare in politics. So I'll tell you what if
he does nothing else. He looked moved. I mean Trump,
I've never seen Trump genuinely moved. He looked genuinely moved
(07:59):
last night. When that guy arrived at the White House.
He looked like they all knew in the room that
they had done something magnificant. And it's one of those
moments that as a president that's uniquely presidential. It's not
about Congress, it's not about Senate, it's not about numbers,
it's not about bargaining. It's just straight up and down
presidential power and big time diplomacy. And to basically save
(08:23):
somebody's life because you made the promise to his ninety
five year old mother at a rally moments before you
got shot in the election campaign, and you delivered on
it within two and a half weeks. You've got to
feel pretty good about that.
Speaker 2 (08:36):
Mike also to put a lot of stock in the
fact that Trump was still working at ten thirty at night.
Speaker 3 (08:41):
The guy drinks diet coke all day long. He can't sleep.
It's not happenings city right now.
Speaker 2 (08:49):
Back here in New Zealand politics, this stoush that the media,
I presume the media is trying to beat it up
more than it actually is, because I'm pretty sure Christopher
Lutson doesn't want it to be a stoush between him
and his coalition partner David Seymour.
Speaker 3 (09:04):
How's that working out for both of them?
Speaker 4 (09:06):
Like most things in life, there's nuanced and subtlety that's
lost along the way. Sir David Seymour is of a
personality that undoubtedly gets up the noses of some. He
might even bother the Prime Minister periodically. But as Landrover,
escapade is not a sackable offense. Neither is his letter
written not as a minister for Polkinghorn sackable either. And
even even if you wanted to combine them and throw
in the Principal's bill because he's agitated people with it,
(09:29):
he is still not in sackable territory, nor indeed anywhere close.
And here is the simple truth about MMP. Why do
we still report it like FPP and that they're all
in the same party. I mean, could the Prime Minister
sack David Seymour from cabinet? I guess, But then what
would happen the end of the government? So is he
going to do that? No, he isn't. When companies take
over other companies, there's often a clean out of talent
(09:51):
when a new CEO arrives. Same thing applies the business
of running a country, though in an MMP environment is unique.
You don't merge or takeover. You coalesce. You are individual
entities who agree on a series of ideas and a
level of cooperation. It won't go perfectly, It might not
even go swimmingly, because it no stage did you ever
merge into one, you always remained. In this case three,
(10:13):
when Chris Hipkins calls yet again for a sacking and
surely we're bored witless with that tactic by now, he
tells us that not since the eighties and LONGI in
prebble have we seen in fighting like this. He is,
of course wrong. He forgets Peters and Shipley and Peter's
and Bolger and Anderson and Clarke and Coppu and Shipley
in the First New Zealand, First Type five. He forgets
a vast sway of our local and recent history. And
(10:34):
not just that, he forgets Prebble and Longee. We're in
the same party. Seymour and Luxen are not. In many respects.
We're lucky with this current lineup in a small country.
Coalition choice is limited in places like Spain and Germany recently,
when they've stretched the bounds of credibility in forming deals,
they've collapsed. This deal won't collapse. The majority of the
time there was cordiality, respect and productivity, but reportage doesn't
(10:57):
appear to feature those aspects. The great frustration I have
with the Hipkins approach and the coverage of this frippery
is this is a time of tremendous importance on serious matters.
This country is a met and it's in desperate need
of addressing. The sideshow game increasingly looks from another age
and also childish. If Seymour or Peter's or Luxon gets
(11:17):
on the phone to the GG to dissolve arrangements, come
back to me, but stunts in a bit of personality
back and forwards. A day at the office, not a
lead story and certainly not a christ Yeah.
Speaker 2 (11:27):
So, like I say, I Reckon Seymour is just he's
been having a look at the poll numbers. He's seeing
how like they if they could get anywhere near labor.
He actually needs to be opposite to Laxon in some
way if he wants to be the opposition.
Speaker 3 (11:42):
I know I'm the only one expousing this theory. But
now you think.
Speaker 1 (11:46):
It's fun news talk has it been?
Speaker 2 (11:50):
I'm going to finish up here with the exciting news
that New Zealand banks are making more money than ever.
Speaker 4 (11:56):
Hooray asb yesterday, congratulations to them, big fat profit. Oh
we love it when the banks are profitable, don't we.
Seven hundred and sixty three million dollars bad debt provisions
are up, which I know. That's interesting. Their net interest
margin has gone up as well. What a surprise. So
they put their net interest margin up from two point
(12:16):
two one to two point three to zero and all
of a sudden they're making more money. I wonder how
that works. Meantime, across the Tasman the CBA, they talked
reasonably positively about the Australian economy and all of that's fantastic.
They made in profit for the half year five point
one three billion dollars their net interest margin, remembering that
(12:39):
the New Zealand equivalent just let me remind you of
two point three to zero in Australia, it's two point
zero eight. So same bank, similar markets, different profit margin.
Speaker 3 (12:52):
Either way, it's a lot of money.
Speaker 2 (12:55):
And as I was saying the other day, it's no
wonder they can afford to say, you're owning a service station.
Speaker 3 (13:00):
Yeah nowdad, it was a bother of that. I am
Glen Hart.
Speaker 2 (13:07):
That was your free re wrap and it'll be back
free of charge again for you tomorrow.
Speaker 1 (13:12):
Seasons News Talks Talking zid Bean. For more from News
Talk sid B, listen live on air or online, and
keep our shows with you wherever you go with our
podcasts on iHeartRadio
You're listening to a podcast from News Talk, saidb follow
this and our wide range of podcasts now on iHeartRadio,
Used Talk, sed be.
Speaker 2 (00:21):
Talk, Good Idea and welcome to the re wrap for Thursday.
Speaker 3 (00:25):
All the best.
Speaker 2 (00:25):
But it's from the mic asking breakfast on news Talks.
He'd be in a sillier package. I am Glen Hart
and today Trump. I guess we're just going to have
to talk about Trump every day for the next four years. Great,
so you've got a prisoner released, and yeah, he's doing
other stuff.
Speaker 3 (00:46):
Talk about that.
Speaker 2 (00:48):
Seymour versus luxem I feel like Seymour's really is gearing
up to become the leader of the opposition party in
New Zealand. In many ways, I was saying that as
a joke a few weeks ago, but given what's happened recently,
maybe it's really happening and more bank profit news and
it's not for kind of news that bank customers like
(01:08):
us like to hear.
Speaker 3 (01:09):
But before any of that, flurie, come on, guys.
Speaker 4 (01:13):
Really, in a country that has some really big problems,
watching councils battle central government over fluoride defies belief. Firstly,
councils can't have the old cake and eat it canty,
I mean, think about it. Council spend an inordinate amount
of time asking government for help, endless amounts of money
and arguments over things they shouldn't be doing, and then,
having done that, they fight with central government over how
(01:35):
they suddenly need more power. Then the participation rate. Few
people vote in local elections. I think we'll find that
out this year. So we want to have non experts
telling us what to ingest, having been put there by
a handful of people who can be bothered to vote
in the first place. I mean, why have experts on anything?
Why don't councilors open up GP clinics and tell us
what's wrong with us. They can do our taxes. We'll
(01:56):
save a fortune on accountants. They can build our extensions.
I mean, because surely if you know about fluoride, you
can swing a hammer. There aren't many towns and cities,
of course, in this country that aren't grappling with the
basics rubbish roads services, the cost of them. There are
not many towns and cities in this country that aren't
in a fight. Over the year increasing cost councils and
pose upon us. There are a growing number of towns
and cities that are clearly run by councils wildly out
(02:18):
of their depth. We broadly are not well governed. And
whether that is because the people who run them maud
up to much or we aren't interested, or that are
both as a very good debate. But at no point
is any council anywhere in a position to dispense health advice.
Do they want powers to ban sugar and prescribe exercise
as well? Health is not a democratic exercise anything. Even
if they went to the locals, the locals are no
(02:40):
more medically equipped than they are to know or tell
us what the benefits are otherwise of any ingested medical
ingredient may or may not be fluoride. And it's like,
is not a popularity contest. It is why we have experts.
And although experts at times can be found wanting, by
and large, they are more knowledgeable than we are. Hence
we rely on them. Hence they're called experts, not counselors.
Speaker 3 (03:01):
Yeah, I mean this has got to stop. This has
this whole.
Speaker 2 (03:08):
Mistrusting people who've trained for years and years and years.
Speaker 3 (03:17):
I've literally I lost for words on this one. Come on,
come on, guys, news talk Zeth been now to a
man who's never lost a words.
Speaker 2 (03:27):
Donald Trump and Mike watched with interest as the latest
Russian hold American was no longer held by Russia.
Speaker 4 (03:37):
Late yesterday afternoon, ten thirty at night in Washington, go
called Mark Fogel. If you missed it, have a look
at it. There's another one coming today. Fogel got grabbed
three and a half years ago in Russia for some
medical marijuana, and Griner was the famous case. Of course,
Fogel should have been gotten out, as Trump pointed out yesterday,
but he wasn't because Biden was asleep of the wheel.
First thing you noted yesterday, Trump was still working at
(03:59):
ten thirty at night. I mean, his work ethic is
unmatched in terms of presidential rigor. The concept of Biden
wandering out at ten thirty at night is, you know, fascicle. Anyway,
this guy Fogel got taken out of Russia yesterday. Flying
back to the White House, he turns up, so a
couple of really interesting things putin. Let these guys go,
and as I say, there's another one coming today for nothing.
(04:22):
Now that doesn't happen, So why did he let these
people go for nothing? Well, it wasn't for nothing, of course,
And this is the phone call the hour and a
half to day. Hick Seth said what he said today
for a specific reason. So how this thing's going to
unfold us? As follows, the Americans are going to get
rare earths, They're going to get guarantees of rare earths
and territory out of Ukraine in return for security guarantees.
Russia's going to get some land. Zelenzi's gonna hate that.
(04:45):
He's not going to get into NATO either. So the
ultimate loser he is going to be Zelenski, but he's
going to have to suck it up. How NATO handles
this I don't know yet. But nevertheless, this guy Fogel
turns up at the White House. Fascinating to watch. He's
either drugged up or drunk or he's unusual. But have
a look at the video you'll see what I mean.
They ask him, obviously what it was like in Russia.
He goes, I need some time to reflect on that
(05:08):
before I answer. Now, that's an answer that was given
to him. It was planted, and they said, don't say
a word. What he did say before he said that
was I spent one hundred of my three hundred days
in hospital, and they injected me four hundred times. Now,
surely the point, if you're a reporter of any note, salt,
or you're worth at all, is what were they injecting
(05:30):
you worth, mister Fogel. Nobody asked that question anyway. He
was then shuffled off to the Lincoln bedroom but to
watch Trump at ten thirty at night, having sprung this
guy in a two and a half week period, after
his ninety five year old mother went up to him
in butler the day got shot, went up to him
in Butler and said, can you help me get my
(05:52):
son out of Russia? And Trump said, watch me, we'll
do it. And two and a half years later, when
the guy had been there for three and a half
years and Biden had done nothing, that is presidential power
that will serve you well.
Speaker 2 (06:05):
I mean, I think it's quite possible that he was drunk,
because I saw a picture of him coming back on
the plane and he was had a very large glass
of what appeared to be whiskey or some other similar
amber liquid in the glass, and he was kissing the
outside of the glass at that point.
Speaker 3 (06:26):
So whether he'd already had one, and this was a
second or third. I don't know, so it might have
been drunk.
Speaker 2 (06:31):
But also, are we not worried that we've got a
sort of a homeland situation. We're just going to have
to watch this guy carefully, aren't we make sure he
doesn't You know that he hasn't been turned.
Speaker 3 (06:45):
Have I been watching too much TV?
Speaker 1 (06:47):
Talk? Sib.
Speaker 3 (06:48):
Yeah, So Mike's been really impressed.
Speaker 2 (06:50):
Actually, I think with the way Trump's been delivering on
his promises.
Speaker 3 (06:54):
By the sounds of.
Speaker 4 (06:55):
Things, is ms Lebett in the White House.
Speaker 5 (06:57):
A president just recently got off the phone with President
Zelensky of Ukraine. His truth is as follows. I just
spoke to President Zelensky of Ukraine. The conversation went very well. He,
like President Puhin, wants to make peace. We discussed a
variety of topics having to do with the war, but
mostly the meeting that is being set up on Friday
(07:18):
in Munich, where Vice President J. D. Vance and Secretary
of Secretary of State Marco Rubio will lead the delegation.
I am hopeful that the results of that meeting will
be positive. It is time to stop this ridiculous war
where there has been massive and totally unnecessary death and destruction.
God bless the people of Russia and Ukraine.
Speaker 4 (07:39):
His truth is as follows, is that the new circle back.
Mike Wilson regarding Trump and the release of Mirke Fogel.
Whether you love Trump will hate him. He gets things
done and he's true to his pre election promises, something
pretty rare in politics. So I'll tell you what if
he does nothing else. He looked moved. I mean Trump,
I've never seen Trump genuinely moved. He looked genuinely moved
(07:59):
last night. When that guy arrived at the White House.
He looked like they all knew in the room that
they had done something magnificant. And it's one of those
moments that as a president that's uniquely presidential. It's not
about Congress, it's not about Senate, it's not about numbers,
it's not about bargaining. It's just straight up and down
presidential power and big time diplomacy. And to basically save
(08:23):
somebody's life because you made the promise to his ninety
five year old mother at a rally moments before you
got shot in the election campaign, and you delivered on
it within two and a half weeks. You've got to
feel pretty good about that.
Speaker 2 (08:36):
Mike also to put a lot of stock in the
fact that Trump was still working at ten thirty at night.
Speaker 3 (08:41):
The guy drinks diet coke all day long. He can't sleep.
It's not happenings city right now.
Speaker 2 (08:49):
Back here in New Zealand politics, this stoush that the media,
I presume the media is trying to beat it up
more than it actually is, because I'm pretty sure Christopher
Lutson doesn't want it to be a stoush between him
and his coalition partner David Seymour.
Speaker 3 (09:04):
How's that working out for both of them?
Speaker 4 (09:06):
Like most things in life, there's nuanced and subtlety that's
lost along the way. Sir David Seymour is of a
personality that undoubtedly gets up the noses of some. He
might even bother the Prime Minister periodically. But as Landrover,
escapade is not a sackable offense. Neither is his letter
written not as a minister for Polkinghorn sackable either. And
even even if you wanted to combine them and throw
in the Principal's bill because he's agitated people with it,
(09:29):
he is still not in sackable territory, nor indeed anywhere close.
And here is the simple truth about MMP. Why do
we still report it like FPP and that they're all
in the same party. I mean, could the Prime Minister
sack David Seymour from cabinet? I guess, But then what
would happen the end of the government? So is he
going to do that? No, he isn't. When companies take
over other companies, there's often a clean out of talent
(09:51):
when a new CEO arrives. Same thing applies the business
of running a country, though in an MMP environment is unique.
You don't merge or takeover. You coalesce. You are individual
entities who agree on a series of ideas and a
level of cooperation. It won't go perfectly, It might not
even go swimmingly, because it no stage did you ever
merge into one, you always remained. In this case three,
(10:13):
when Chris Hipkins calls yet again for a sacking and
surely we're bored witless with that tactic by now, he
tells us that not since the eighties and LONGI in
prebble have we seen in fighting like this. He is,
of course wrong. He forgets Peters and Shipley and Peter's
and Bolger and Anderson and Clarke and Coppu and Shipley
in the First New Zealand, First Type five. He forgets
a vast sway of our local and recent history. And
(10:34):
not just that, he forgets Prebble and Longee. We're in
the same party. Seymour and Luxen are not. In many respects.
We're lucky with this current lineup in a small country.
Coalition choice is limited in places like Spain and Germany recently,
when they've stretched the bounds of credibility in forming deals,
they've collapsed. This deal won't collapse. The majority of the
time there was cordiality, respect and productivity, but reportage doesn't
(10:57):
appear to feature those aspects. The great frustration I have
with the Hipkins approach and the coverage of this frippery
is this is a time of tremendous importance on serious matters.
This country is a met and it's in desperate need
of addressing. The sideshow game increasingly looks from another age
and also childish. If Seymour or Peter's or Luxon gets
(11:17):
on the phone to the GG to dissolve arrangements, come
back to me, but stunts in a bit of personality
back and forwards. A day at the office, not a
lead story and certainly not a christ Yeah.
Speaker 2 (11:27):
So, like I say, I Reckon Seymour is just he's
been having a look at the poll numbers. He's seeing
how like they if they could get anywhere near labor.
He actually needs to be opposite to Laxon in some
way if he wants to be the opposition.
Speaker 3 (11:42):
I know I'm the only one expousing this theory. But
now you think.
Speaker 1 (11:46):
It's fun news talk has it been?
Speaker 2 (11:50):
I'm going to finish up here with the exciting news
that New Zealand banks are making more money than ever.
Speaker 4 (11:56):
Hooray asb yesterday, congratulations to them, big fat profit. Oh
we love it when the banks are profitable, don't we.
Seven hundred and sixty three million dollars bad debt provisions
are up, which I know. That's interesting. Their net interest
margin has gone up as well. What a surprise. So
they put their net interest margin up from two point
(12:16):
two one to two point three to zero and all
of a sudden they're making more money. I wonder how
that works. Meantime, across the Tasman the CBA, they talked
reasonably positively about the Australian economy and all of that's fantastic.
They made in profit for the half year five point
one three billion dollars their net interest margin, remembering that
(12:39):
the New Zealand equivalent just let me remind you of
two point three to zero in Australia, it's two point
zero eight. So same bank, similar markets, different profit margin.
Speaker 3 (12:52):
Either way, it's a lot of money.
Speaker 2 (12:55):
And as I was saying the other day, it's no
wonder they can afford to say, you're owning a service station.
Speaker 3 (13:00):
Yeah nowdad, it was a bother of that. I am
Glen Hart.
Speaker 2 (13:07):
That was your free re wrap and it'll be back
free of charge again for you tomorrow.
Speaker 1 (13:12):
Seasons News Talks Talking zid Bean. For more from News
Talk sid B, listen live on air or online, and
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