Episode Transcript
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Speaker 1 (00:09):
You're listening to a podcast from News Talk said be
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Speaker 2 (00:24):
Rep There. Welcome to the rewrap for Monday. All the
best buts from the Mike Hoskin Breakfast on News Talks
d Beat in a silly a package. I'm Glen Hart
and today foreign buyers. Are we still doing this anyway?
The Warriors are still doing what they're doing, which is
winning the look up, cross the Sumner and the hospitality
(00:49):
on the ropes or going gangbusters? Had to tell before
any of that. Christopher Luxen was in the studio today
and yeah, once once again he sort of answered Mike's
questions without answering them, but we all knew what he
meant and it was a bit depressing.
Speaker 3 (01:10):
Mike. Looking forward to you talk with the Prime Minister
next Monday to explain why they've borrowed all this money
for the budget spent. They better not have borrowed a tremendous.
Speaker 2 (01:18):
Amount of mone and it sounds like they're going to be.
Speaker 3 (01:20):
It's don't rack me up, Lenn, because if they're just
going to be another labor government that they'll argue one
of a couple of things one, they found savings. I
hope to god they've found savings. If they are borrowing money,
they're going to do the well, we're going to borrow
money because this is for investment, this is for growth
in theory. I'm not against that, never have been. But
(01:40):
given what they owe currently and the bill on the
interest alone is nine billion dollars and climbing and it
will be ten before you know it, before it's eleven,
just the interest on the bill, then I've got issues
with that.
Speaker 2 (01:53):
Yees. So if you didn't hear it, Mike was quizzing
the PM on whether they would be borrowing to pay
for some of the stuff and the budget this year,
and he would he wouldn't sort of confirmed, will deny.
And then Mike sort of said you are, aren't you?
And then Lax and Storad have said this.
Speaker 3 (02:07):
He's so good, but can I say all the people
listening here and he tries to weasel it out of me,
but now we've got to wait to Thursday.
Speaker 2 (02:13):
Actually he didn't sort of say that, that's exactly what
he said, and at that point it was pretty obvious
yet that they're going to be borrowing.
Speaker 1 (02:19):
Ah dear, it's the rewrap.
Speaker 3 (02:21):
Maybe if we.
Speaker 2 (02:22):
Let some I don't know, rich people from overseas come
here and spend some money here, things might you know,
take an up turn.
Speaker 3 (02:29):
One roof had a story over the weekend about an
apartment in Auckland that is for sale for seventeen million dollars.
It was for sale for sixteen million dollars, so they
put the price up despite the fact that it's been
for sale for several years now. They're looking to the
international market, where seventeen million is not a lot of money.
The article also featured information about a Night franc international
(02:50):
wealth report that ranked the priorities of those with money
and real estate. It turns out real estate investment was
right up there for those people, and for the super wealthy,
the ability to have a super yacht parked featured very
highly for them as well. So the point being in
a place like Auckland is seventeen million dollar penthouse can
be a few hundred meters away, of course, from your
(03:11):
super yacht. Yet in this country foreigners cannot do that
because they are not allowed to buy a house. What
they are allowed to do is get a golden visa,
and the new rules have proved very popular there's good inquiry.
Are for five or ten million dollars, you invest in
a business, you employ people, you grow that business, you
help us out as an economy, and you still, despite
all of that, can't buy a house. The fact that
(03:33):
the apartment has been on the market now for years
clearly shows no locals want it or indeed can afford it.
So the fear, as profited by some, that foreigners take
houses off New Zealanders at this level clearly is not true.
The government or parts of it want to fix this anomaly,
and yet they can't or don't because New Zealand First refuses.
Rumors a while back suggested a compromise had been reached.
(03:55):
National had an election policy of a couple of million
dollars as a protection on the lower priced houses. The
rumor was that negotiated a figure with New Zealand First
for about five or six million ED never came to fruition.
So in budget week, when yet again the dire state
of our finances is laid bare and a commentary around
growth will be pushed hard, one of the answers i e.
The wealthy with money to invest has not been fully
(04:18):
enacted because one part of the government is xenophobic. This
battle to regain our economic mojo is hard enough as
it is without ankle tapping ourselves by refusing to enact
blatantly obvious ideas. If we can't pull every lever possible,
we have no one to blame.
Speaker 2 (04:34):
But also, yeah, it's it's Whincinnata Xenophobit worse, isn't it.
I spot the xenophobe and this class photo of the coalition,
you know, twenty four to twenty six. I mean we
need ram that foreign buyers rulled through in the first place.
It was completely where they did the figures and realized
(04:56):
that there wasn't anybody coming over here and buying property anyway.
Hardly a rerap. It's trying to calm down a gleen
and just enjoy bask and the Warrior's success.
Speaker 3 (05:07):
The money, it didn't seem to indicate that the Dolphins
were in with the chance. They were not the favorites,
but they weren't paying crazy money either, and so it
turned out to be I suppose reminding us the old
saying that you need to follow the money. That tends
to be right. Although for most of the game there
was little doubt that we were the better side, of course,
not a lot of points for most of it, but
as the commentator said at one stage, an enthralling game,
and I thought he was probably right. Fisher Harris is awesome,
(05:30):
but toy Vasishek also back in the side, didn't seem
to make the impact you might have hoped for. It
really was all over until the Dolphins started scoring in
a Warriors of Old kind of way. One try, that's
nothing too try, a bit of a sniff, and then
all of a sudden they were back. But the biggest
opponent was no longer US, but the clock, and they
ran out of time. They called it a nail biter.
(05:50):
I suppose it was, but I didn't really have any doubt.
And what's interesting now if you look at the table,
is there's quite the gap between the top two or
three and the rest of the competition. The Bulldogs won,
and they won well in a thriller, so the gap
between them and US remains a couple of points. But
the gap between US and include the Raiders if you like,
and the rest of the field. It's multi game. I mean,
what's normally a raise thin points ladders looking like a
(06:11):
couple of really high quality teams and the rest are
languishing trying to work out how to match us. If
things continue, then week twenty three is the one to
look out for. Week twenty three it's going to be
one for the Ages the Bulldogs via the Warrior's House
sold out? Is that going to be? But for now
we march on. As always, you can find things to
work on. I guess, should we have leaked those final points?
(06:31):
Should it have been that close? Should Fisher Harris have
been sent off and left us with twelve? But also,
as always, what counts as the result, and we won.
We won again. We keep winning. We really are really,
really good and it's a thrill to watch. And yes,
as each week passes, it looks more and more like
this is our year.
Speaker 2 (06:53):
Yeah. So it just seems like there's an infinite number
of ways for the Warriors to win this season, when
generally speaking, over their history, it's been quite the opposite.
The number of times they've snatched defeat from the jaws
of victory. You know, you thought they are on a
roll and then a different team comes out in the
(07:14):
second half and it all falls out. That just does
not seem to be the cases. Yeah, carry on the
rewrap now Sumner. Christ Gitch, what's going on? Why have
you got a problem with a light out cross?
Speaker 3 (07:26):
I was going to get this early, but as usual,
events have overtaken me. So does Christchitch? Wake up? What's
the matter with you? There's business of the cross at
Sumner Cave Rock. The cross has been there since eighteen
sixty four, and there's angst. I'm watching this on there.
It was a Saturday night. I'm watching it on the
television news. Somebody called Andrew Docking. Andrew, come on, I
don't like it. They put lights at Solar powers. They
(07:49):
don't panic about the power bill. They put lights on
this cross. Cave Rock, fabulous place, big cross, been there forever.
They put some lights on. So Andrew Docking of Sumner says,
I don't like them. They're bright and they're horrible. It
looks like Vegas. It doesn't Vegas. Looks like Vegas. Singular
cross with some lights looks like a singular cross with
(08:12):
some lights. And Sumner. Andrew Morris of Clifton Hill, which
is very nice. My grandparents had a place in Clifton Hill.
It ought not to be the shape of a Christian cross.
I mean, oh, for God's sake, so anyway, sure, and
so that's not the worst of it. There's always someone's
going to moan.
Speaker 2 (08:29):
It's like those those vehicles that go past with those
big lit up crosses on them, ambulances.
Speaker 3 (08:35):
That noisy, so noisy, so bright, and then and those
crosses just the Vegas anyway, the council, instead of going
get lost losers, is going to launch a survey as
though they've got nothing better to do with their time.
Speaker 2 (08:51):
Or indeed their ratepayers rate I had to believe, isn't it.
I'm just trying to think if I can recall any
light up crosses in Vegas. I only went there once.
I'm never going back. I don't care how many light
up crosses they put up. The rerap right once again,
Mike found himself asking the question about the state of
(09:15):
the hospitality industry. We keep getting mixed reports.
Speaker 3 (09:18):
Piece are reported to this morning about the hospo sector.
I'm increasingly over the hospo sector moaning, and I'm increasingly
over bodies that represent groups of the economy in their
incessant whining about how miserable life is now In some sectors,
life is tough. No one's going to argue that the
cost of living. Crisis hasn't hit a lot of us
in this economy. I get all of that, But all
(09:40):
you ever hear from hospital is how dreadful it is,
how everyone's closing, and how none of it's any good.
And the reporters this morning is generally suggesting that really
things aren't as bad as they make it out. It's
not all doom and gloom. And this is specifically out
of Wellington, and some are tired of being the poster
child for a struggling capital city. So very well said,
(10:00):
I've got friends this person who's been quoted, he's in
the hospow industry. I have friends who are builders and plumbers,
and those sectors feel way more hard hit than the
hospitality one. Well, that's anecdotal, isn't it. They may or
may not be. My increasing impression of the hospitality sector
in this country, and this is from personal experience and
the experience of Francises. You can do well, and it's
(10:21):
applicable to any sort of business and any sort of
sector in this economy. You can do well. But there's
a couple of key ingredients in things like hospo and
that you need to be open. And so this long
weekend business or closing the kitchen at two or three o'clock,
or we're not quite open on Sundays, or we're a
bit tired on Mondays and all that sort of stuff.
Either open or don't. And if you can't be bothered,
(10:42):
don't whine. Second, all you need some good staff. And
to get good staff, you need to pay people good money.
Then you need to supply good product. And all the
places that we deal with and we deal with a
number of places on an ongoing and regular basis in
all forms of hospitality. That's food gathering, whether it be
a cup of coffee or biscuits or fruit and vegetables
or whatever the case may be. We have a series
(11:03):
of people that we could recommend to you that are
the top of their game and they're very good at
what they do and they are thriving businesses. So can
you thrive if you are good at what you do? Yes,
you can. And in fact, further on the HOSPO sector
in Wellington, the number of operators in Wellington is up
three percent on last year, up twelve percent on the
(11:25):
past five years, so there are more people in hospo.
You wouldn't hear that in the news often.
Speaker 2 (11:29):
The funny thing with HOSPO and my experience is that
it's not rocket science either. I've been lucky enough to
have two very pleasant nights out last two Saturdays and
two different White Flash restaurants. It must be said, we're
talking mains and starting in the mid thirties and going
up over forty bucks, I know, anti flat, and I
(11:56):
actually ordered the wrong thing first than that first, you know,
a week ago, but the experience of the meal itself
was great, and I'd go back. And I actually wanted
to tip the waiter because he did such a good job,
but he quickly, you know, pushed no on the FPOs
machine before he handed it to me. You know, you
can edit it, so I wasn't able to do that.
I don't carry cash. Who does? And then again this
(12:20):
week I got my order right this week. But regardless,
it was the service. It's all about the service. And
I'm constantly amazed when you go to a place, you know,
doing HOSPO and the people who work there look like
they've never been to a place that does HOSPO. Like
people working in restaurants and cafes that just treat you
(12:42):
like you know, have you ever been to a restaurant
a cafe, then you know how you want people to
treat you. Might sound like an old fuddy duddy. Anyway,
good service both those places, and both those places were full,
like I say, pretty high end. They were full people
having a good time. They were definitely making money. So yeah,
(13:06):
I don't know what's going on with these other places.
I am glen hat. I'll be on bait things for
the rest of the week. Of course I have to
go to that first restaurant, but you even know, I
might be able to save up enough for another dinner
out in a week or two.
Speaker 1 (13:22):
Time.
Speaker 2 (13:23):
I'll see you tomorrow, Going the beat.
Speaker 1 (13:24):
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