Full Show Podcast: 07 March 2025

Episode Transcript
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Speaker 1 (00:00):
It's New Zealand's home for trusted news and views. The
Mic Hosking Breakfast with Alveda, Retirement, Communities, Life, Your Way, News,
togs Head be.

Speaker 2 (00:09):
Why are you welcome today? The Price of Oil and
how you should be At the bows of Phil Goff
and his week, Greg Forand's off, Tom Latham, He's excited
in these with us from Dubai. Cameron George tries to
talk horse racing, not the Warriors, but I'll change that.
Tim and Katie turn up after right. Richard Arnold in America,
Murray Olds on storm Watch Husky a morning seven past
six World, Well, well what a week for walking away

(00:30):
a Phil GoF? Wasn't that voluntary, of course, But what
a stupid thing to say given the times in which
we live. And as a High commissioner, your job is
not to waxle aricle on history. When you're representing your country,
thinly veiled or not, we can get a vastly better
representative in London. Obviously, Adrian Or had many people breathing
a sigh of relief, although to be honest, the real
damage has been done. But now Greg Foran. Greg is

(00:51):
a nice guy who I've always wondered whether he really
settled into the airline and whether more of what the
job was about was moving back from Americas to New
Zealand and the job just happened to do dubtail with
a lifestyle move. If I can be blunt, I don't
really believe what was published yesterday by way of a
reason it had. The job is done, we are set
to go. Viabe about it in New Zealand is far

(01:12):
from set to go. It's a mess. Its reputation is
deeply damaged. It's part of a wider tourism industry that's
far from where it should be. Greg Leaving has an
all like I'm over it. Life is short and I'm
sick of no engines, old planes, cancelations masquerading as engineering issues,
and a general budget airline via being left behind by
proper operators like Singapore Guitar and Emirates. A lot of
it isn't his or anyone's fault. The engine issue is

(01:34):
a scandal beyond their making in control, and the supply
of new planes is an issue everywhere for everyone, but
they're on board. Referve for example, as late to the party,
and to be honest, even when it does arrive as
already behind the big hitters. They seem to forget to
fly to London. I have a choice. An air New
Zealand dollar for dollar is not a flash or obvious choice,
so they make up for it with New zealandness, pr

(01:54):
airpoints patriotism, but that only goes so far. And we
all know a decent chunk of the business is domestic
and that to smash revenue wise because the competition is
barely perceptible. So no, the airline is not in great shape.
It is at best okay, and no, this doesn't look
like a job completed in any way, shape or form.
And launching their new wine this week is not going
to sell another seat. If they flew like they did spin,

(02:16):
we'd be getting somewhere. I wish Greg well because I've
enjoyed dealing with them. But boy, talk about a week
of job tune. Would the last one out get the
light switch.

Speaker 1 (02:27):
News of the world in ninety seconds?

Speaker 2 (02:29):
Right today we find the Let's Save Ukraine campaign and
Brussels for another mass love and Ursula has got a plan.

Speaker 3 (02:35):
Europe faces a clear and present danger and therefore Europe
has to be able to protect itself to defend itself,
as we have to put Ukraine in a position to
protect itself.

Speaker 2 (02:48):
Saqi is reveling in his newfound how cool am I diplomacy? Rep.

Speaker 4 (02:52):
Churchill didn't make the choice up, They didn't make the choice,
but they're now urging me to make the choice between
the US and Europe.

Speaker 5 (02:58):
Wrong choice.

Speaker 4 (02:59):
In my view, we preserved the peace preaty years by
working with both the US and Europe, and now it's
not the time to break that.

Speaker 2 (03:07):
A lot of Churchill references this week. Have you noticed
that Zelenski's liking it a whole lot bitter than he
did with other guy in Washington.

Speaker 1 (03:13):
During all this period and last week you stay with us,
and of course from all the Ukrainians, from all our
one nations, big appreciation, were very helpful that we are
not alone.

Speaker 2 (03:23):
Then Russians, they are a little bit preturbed about the
boots on the ground, but sure because.

Speaker 6 (03:28):
The deployments of European peacekeepers in Ukraine will mean a direct, official,
undisguised involvement in NATO countries. It's in a war against
the Russian federations. This cannot be allowed.

Speaker 2 (03:39):
No, Just to remind everyone, talk is one thing, but
bombs or another. They hit Zelenski's hometown overnight.

Speaker 7 (03:44):
A twenty second warning on our cell phones and miss coming.
As we stood up. We started running to the shelter
and we've fairly left the table and they took out building.

Speaker 8 (03:55):
We couldn't get out, so we had to climb.

Speaker 7 (03:57):
Out through some broken windows.

Speaker 2 (03:59):
And then with the other war what are given The
Arab Gaza plan seems a bust Israel, They're all in
on the Riviera idea.

Speaker 9 (04:04):
Simply repeating the same failed policies will get us no
closer to a resolution. So we, from Israel's point of view,
very much welcome President Trump's out of the box thinking
when it comes to the future of.

Speaker 2 (04:17):
Gaza, see even then calling it out of the box. Finally,
it news that a lot of out let's again I
missed today A single cheeto that sort of looked like
a Pokemon character has sold at auction. It's been named Cheatahzad,
which are to zard sold one hundred and fifty two
thousand dollars after bidding started last month at only four
hundred a record. Surely, no, no, this is not the

(04:40):
most expensive single cheeto sold. Back in twenty seventeen, a
Cheetoh resembling Hambe the gorilla. Remember her umber sold Foremos
one hundred and seventy five thousand dollars on eBay. And
that is news of the world, whether you needed that
or not. In ninety by the way, couple of fun
facts pun fact, Frida ECB's moved on the cash rate
or their cash right key rate two point five percent.
Monetary policy was becoming quote meaningfully less restricted. Meantime, another

(05:03):
fun fact out of America. If you think America's not
in trouble economically, employers cut more jobs in America in
February one hundred and seventy twenty seventeen of them a
one hundred percent increase on a year ago than they
have in any February since two thousand and nine. Twelve
past six.

Speaker 1 (05:23):
The Mic Asking Breakfast Full Show podcast on iHeartRadio, how
It My News talks EVY.

Speaker 2 (05:32):
Say whatever you want, but you can't say they're not
cataclysmic and exciting and engaging and enthralling times. And just
to show you how loose that guy running America is
at the moment. So yesterday, having put the tariffs on,
he then said for Mexico and Canada, the car parts
businesses off for a month. We're standing by, allegedly from
the back down on the agricultural aspects of it as too,

(05:53):
for both countries. But then also, just moments ago he said,
the whole Mexico thing, tariffs they're off for a month. Oh,
tariffs at all on anything for Mexico. Canada is still
in the gun. The agriculture has been moved on. Maybe
maybe not, but yesterday we got the cars. Who the
hell knows what's going on? Fifteen past six? I know
I from going my wealth Andrew Keller A good morning,

(06:15):
very good morning, Mike. One of your favorite numbers. This
is not consents. This is the stuff we've actually done,
hammers swinging, what do we know.

Speaker 5 (06:21):
Stuff we've actually done.

Speaker 10 (06:22):
Hey, Mike, at least we're both still here at the
end of a week of resignation, so I think we
should put ourselves on the back.

Speaker 2 (06:27):
Of the exactly. That's because we're really good at what
we do.

Speaker 5 (06:32):
Yet hey, now let's talk this.

Speaker 10 (06:33):
We touched on building consents recently, and building consents are
forming a base. So no lift in those consents yet,
but they're not getting any worse. The implication from those consents, though,
is still a wee wait for residential construction to recover,
because you get that lag from consents to actual work.

Speaker 5 (06:51):
You know that you actual work.

Speaker 10 (06:53):
That happens, so you'd expect to see consents lift ahead
of a residential construction recovery. But then yesterday we get
what's called building work put in place from Stats New Zealand.

Speaker 5 (07:03):
So this looks at what actual work has been done.
And the key.

Speaker 10 (07:06):
Takeaway here this data is for Q four for the
last court of last year, is the data shows that
building work done was weaker than expected. So building work
put in place declined four point four percent in the
fourth quarter, so that's quite a material fall. Residential work
fell four point nine percent to five point four billion
terms of value, and non residential work fell three point

(07:29):
one percent seasonally adjusted.

Speaker 5 (07:31):
So that's all final court of last year.

Speaker 10 (07:32):
So the implication from this is that there won't be
a lot of contribution to Q four growth or GDP
from the construction sector. And in seasonally adjusted terms, residential
building activity volume reached its lowest level in over four years.

Speaker 5 (07:48):
So that's in a material number as well.

Speaker 10 (07:51):
And if you take a slightly wide lens, building activity
peaked back in twenty twenty two, it's now declined close
to well, it's eighteen percent, let's call it, close to twenty.

Speaker 5 (08:00):
Percent since then, that's been held up.

Speaker 10 (08:04):
By non residential construction because it's done better, it's been
more resilient. Resident residential construction is probably closer to twenty
five percent down.

Speaker 5 (08:14):
Well, what we should do here those look forward? It
should improve.

Speaker 10 (08:18):
I mean, con sents have stabilized, and that's what you
need before they go up. Infest rates are falling. But
as we've said, you're really looking probably at this later
in twenty twenty five earlier.

Speaker 2 (08:28):
Tell you what, there's a lot of expectation on later
twenty twenty five is there, but it's not going to
get to August September. Something better be happening now. The
oil price, I'm looking at that this morning. You're looking
at you're looking at three bucks for the ninety eight
at the moment.

Speaker 5 (08:41):
Three bucks for the ninety eight.

Speaker 11 (08:42):
Yeah.

Speaker 10 (08:42):
Well, and look at this stage it's holding on under
seventy dollars.

Speaker 5 (08:45):
So big slump to the oil price.

Speaker 10 (08:47):
We noted this yesterday good news for cost of living
because all price feeds through to many parts of our
day to day lives, and I think I pointed out
a couple of days ago that it was holding on
that seventy US dollar level that's proven to be a
support level really go back for about three years. Then
it fell through it. So what's going on? Look at
the big sort of macro level. There's concern that this

(09:07):
Trump tariff explosion will slow economic activity and that will
cut cut demand for crude. But it's also becoming apparent
though that the actual shape of the tariff landscape is
shall we call it, a moving palette.

Speaker 5 (09:23):
But that doesn't really help the.

Speaker 10 (09:24):
Uncertainty, which you know, as I've said, is the buzzworth
and theme of early twenty twenty five. But as is
always the case, there's more going on. So the first
what You've got one thing to think about here, howard
suppliers to the US respond to these tariffs.

Speaker 5 (09:38):
Now Mexico, for instance, it exports crude all to the US.

Speaker 10 (09:42):
Its product is now being hit with a twenty five
percent import tariff, so it may look to sell its
product elsewhere, which means there's more supply going to other places.
At the same time, over the last few days, a
couple of other contributing factors US cruise stocks showed a
larger than expected build up of inventory. So crude inventory
is row by three point six million barrels to four

(10:02):
hundred and thirty three point eight million barrels, so as
I said, that was unexpected. On top of that, earlier
in the week out of OPEK, a group of OPEC
members including Russia, Saudi Arabia, Ua, Kuwait and some others,
they've announced that they will start unwinding a two point
two million dollar barrel per day cut from April, so
more supply there. But actually to sweeten all of that
as well, Mike, is that Kiwi dollar has lifted against

(10:25):
the US. It's a fifty seven to fifty four, so
that makes simplets cheaper. So it's just all it's all
just all good. It's all good.

Speaker 2 (10:33):
Now, what are the numbers?

Speaker 11 (10:35):
Right?

Speaker 10 (10:35):
So US coming under a little bit of pressure. Nobody
knows what's happening with the tariff at all. And you're
right to pick up on that that employment number overnight, Mike,
because we've got non farm payrolls tonight as well, so
it really brings that into focus as to what's happening
in the lave market. Dow Jones is down four hundred
and forty one points one percent forty two five.

Speaker 5 (10:53):
Hundred and seventy six.

Speaker 10 (10:55):
The S and P five hundred is down just under
one hundred points now one point seven percent.

Speaker 5 (11:00):
That has slumped in the last half hour five to seven,
four to two, as has the Nasdaq. Nasdaq is down
three hundred and eighty four points over two percent eighteen thousand,
one hundred and sixty eight overnight.

Speaker 10 (11:11):
The forty one hundred lost three quarters percent closing of
eight sixty nine ozer. The NICK was up yesterday about
three quarters of percent. Thirty seven thousand, seven hundred and four.
Shanghai competit up over one percent three three eight one
the Aussi's yesterday they were down point five seven percent
forty six points eight nine four on the A six
two hundred. We we eked out a very meager gain yesterday,

(11:34):
seventeen points twelve thy four hundred and twenty eight, as
I said, Kiwi dollar on the wholesale markets point five
seven five to two against the US, point nine oh
five three against the Aussie, point five to three one
four Euro point four four six oo against the pound,
eighty five point one one. Japanese y end gold two thousand,
nine hundred and seventeen dollars and that crew that were

(11:54):
just talking about sixty eight dollars of it and seventy
nine cents.

Speaker 2 (11:58):
Weekend Andrew kellaher j my Wealth Co dot m Z
asking useful stuff you can buy twenty one March. Southby's
have got them are Michael Jordan Jersey rookie Jersey wore
it for the Chicago Bulls back in eighty four. Or
if you don't like that one, Kobe Bryant's rookie Jersey
ninety six through ninety seven for the Lakers ten million

(12:18):
apiece six twenty two News Talks, he'd be label.

Speaker 1 (12:22):
I'm having this Bee or the Vike Asking Breakfast Full
Show podcast on iHeartRadio powered by News Talks.

Speaker 2 (12:30):
A B Yeah, hod on this Mike Good that Golf
has gone hopeless as a mayre for Auckland, hopeless in
the UK, just there to collect the taxpayer funded salary.
My congratulations to Winston for sacking Golf. Now hurry up
and sack Mallard. I think those comments, and there's a
few of them, are based more on the politics and
your view of politics, as opposed to what he actually said.
What he actually said was dumb and Winston did the

(12:52):
right thing. But more later six twenty five.

Speaker 1 (12:54):
Trending now with Chemist Wells keeping Kiwi's healthy all year resting.

Speaker 2 (13:00):
If you're thinking of a trip to Glastow in the
British summer, we've got the lineup for Glastonbury. Now, what
have we got? Friday? On the Friday, Alanis Morrissette and
Gracie Abrams headlined by the nineteen seventy five Saturday. Can

(13:20):
I offer you anything? Saturday Ray Charlie XCX, who my
daughter went and saw in Meldon the other day and
raved about her. But she seems to be in some
sort of melstrom at the moment, along with Sabrina Capita
at those awards in Britain the other day where they
didn't wear a lot and people got exercised about how
much they didn't wear and then how they writhed around
a bet or anyway, that's not my department. I don't

(13:41):
know nothing about that. Neil Young and the crime parts.
Haven't we all seen Neil Young eighteen times over the years,
really by Sunday? So if you don't like Friday and Saturday,
what about Sunday? Got the prod de de Gie gotcha
boozy and then the only reason to go to glastow Rod.

(14:03):
You haven't got Rod, have you? You had Olivia Rodriga.

Speaker 12 (14:08):
Chafing me.

Speaker 2 (14:11):
This You still honestly didn't want to stand in the paddock.

Speaker 11 (14:13):
No, you don't care.

Speaker 2 (14:14):
Listen to this O that fine Rod will be cold.

Speaker 8 (14:18):
I kill let it go.

Speaker 2 (14:20):
I quite like her voice. I quite like her voice.
It's one of those things I don't want to like,
but then I go, you know what, You're not bad.
Social media, of course, are calling it the worst lineup ever,
but that's what social media does. And if you follow
social media you don't have a life. You need to
give yourself a good appercut, and you probably exercised about
the school lunches as well. I looked on Gaspy this
morning so that I could be fully informed on the

(14:41):
price of petrol, so you could all do know, Mike, No,
it's not the cheapest down the road from me here
and tie happy it's twelve cents. But the cheap, all
the cheap patrol at the moment around the country is
in Canterbury. What's going on there and noticeably cheaper the
average in Canterbury's two thirty four. National average is two
sixty two. As I said to Andrew, the ninety eights

(15:02):
at three Bucks, what's going on with the oil?

Speaker 1 (15:04):
More shortly setting the agenda and talking the big issues.
The Mike Hasting breakfast with the range rover villa designed
to intrigue can use Tom's.

Speaker 2 (15:14):
Dead be Mike. It really is the epitome of the
gravy train, isn't it? When these characters who are pretty
poractors at home end up being New Zealand representatives overseas.
They don't change their idealism the minute they leave. It's
not a bad point. Let's hope your newsroom Mike gets
over themselves and moves on quickly from the Goth story.
More important news than this blow up, especially the Peters
luxon one juvenile, really know, I think you're wrong on that.
The interesting thing for me about the Goth story is

(15:38):
just how sensitive New Zealand clearly is with our relationship
with America, and they do not want anything to upend Mike.
With Phil goff sacking, I guess that means Chathamhouse rules
are out the window. It's not a bad point, because
it was, of course at Chathamhouse. It looked like a
fairly dull old the fair, didn't it? A handful of
people sitting on cheap chairs in a room, and Phil

(15:58):
looked like, jeez, I got a afternoon. I might go
along and ask it. I had that vibe about it,
didn't It really didn't need to be the career ending
mess that it turned out to be. Twenty three minutes
away from seven, Richard Arnold, I'm going to quiz them
on what tariffs are runing out and whether they will change.
Before the end of his segment, He's with us from
the stationary shtly. It means I'm back here until the
part of the tumulta is the oil price at the moment,

(16:21):
price of oil is falling, as Andrew mentioned quite a bit,
sixty six yus WTI, sixty six YISS this morning, and
the Breaton's Brent is sitting at sixty nine or thereabouts.
It means a decent time with the pump, is what
I'm trying to say. Why Timo Group CEO Simon perrams
with a Simon, very good morning to you. Should we
have a warning, as we always do, in terms of
you know, the oil price at any given time that
it's not about what the WTI is or the brents.

(16:43):
It's got a whole lot of other factors in it.

Speaker 8 (16:46):
Oh, there's certainly different factors at play, but I think
we will see an easy fuel prices with all those
factors that are increasing supply to demand. At the moment,
you know, we've already seen a ten cent tole a
drop since January, so those price is are definitely coming
through in New Zealand.

Speaker 2 (17:02):
What's going on? Do you see a trend here, something
a little bit permanent for the year or at least
a few months or not.

Speaker 8 (17:08):
Ah Well, I guess if you look at the two
key factors, the lower underlying crew price, and you know
that's led by Trump and opex So on the Trump factors,
he famously said, drill, baby, drill, so we expect more
oil into that US market, so increased supply. Then there's tariffs,
which you just talked about, so I guess the consensus
there is that tariffs are not good for trade and

(17:29):
that's leading to lower economic growth, which is a decreased demand.
And then finally Russia, you know, potential easing of sanctions
against Russia, which would lead to increased supply there, and
then on the opek side, which is probably new to
a few of your listeners, is that they planted out
about one hundred and thirty eight thousand barrels a day
from April, so that's about another two percent increasing global supply.

Speaker 2 (17:52):
So what's your feel on price as low as still
or not?

Speaker 8 (17:56):
Well, there's volatility, so I think it's going to sort
of hover about where we are. We are being sort
of held back of it. By that week, New Zealand
dollar at about fifty five cents to the dollar. You know,
that's really the damage has done has been done on
that for the last six to eight months. So I
would say we're probably in a period of good value
for the consumer at the moment.

Speaker 2 (18:15):
Okay, good while I've got you. There was a report
a couple of weeks ago on margins normally historically apparently
about eleven percent, they'd crept up to fifteen or sixteen.
Do you know what's going on and are you gouging?

Speaker 8 (18:28):
There's certainly no gouging going on. I think there's sometimes
you see margins where they are potentially a little bit
higher than the average, and then they're lower. So you know,
you look across the year, and you always just look
at their average and what you can return for the business.

Speaker 2 (18:42):
And what happens. Who decides how many meetings are held
and why does that vary on any given day.

Speaker 8 (18:48):
Ultimately, it's the market that plays out. You know, we
look at trying to provide a sustainable price and we
want to be competitive in the market where markets where
we operate, so you know, we try to give the
best price we can and try to attract as many
custom as we can. That's with a competitive price.

Speaker 2 (19:05):
It was pleasure to have you on the program. You
have a good week in Simon Perram, who's the Wontamo
Group CEO? Nineteen minutes away from seven? Askuke, why does
the news hetle media keep asking Helling Clark for comment?
She has no platform. Will you're wrong, she does have
a platform and we don't ask for comment. I'm not
defending the media. I find it a bit over the
top myself. Her platform is social media and she's constantly
on it. And unfortunately, one of the downsides of the

(19:26):
modern media is that the modern media trills social media.
In the moment they find something on social media, they
think it's news. And that's why Helen Clark is in
the news so often morning Mike Goff should have known better.
If he'd said something similar about the Chinese or the
Russian president, he'd still need to be stuff. Of course,
that's what Peter said yesterday. He said if he'd said
something about Sama the same way, he would have been gone.
And I take it as true and honest that what

(19:48):
you look up Peter's and what he said, he looked
genuinely crestfalling. He'd look like this has ruined my Thursday.
I shouldn't needed to have done. This fills a decent bloke.
I think everybody likes Phil. I mean I like Phil.
Phil and I have clashed over the years. When I
last saw him in London, we joked about it. But
you know, he's a likable guy. He's just made a
career ending mistake.

Speaker 13 (20:08):
Do you we reckon? It really did ruin Winston's Thursday
because he's got to make that awesome joke about Lacks.

Speaker 2 (20:14):
I got to make though that came after he sort
of picked himself up with it. It's ruined my Thursday.
But now actually that's yeah, no fair point. Eighteen minutes
away from seven, the.

Speaker 1 (20:23):
Mike Hosking Breakfast Full show podcast on iHeartRadio pror it
by News Talks EP.

Speaker 2 (20:30):
Welly, Mike GoF doesn't represent New Zealand. He merely represents
the Labour Party. We can't have a partisan party hack
who doesn't represent us as a single people of New Zealand. Well,
that goes to the arg is a very good point.
It goes to the argument of whether you pick an
ex polly or you pick a career diplomat. Of course
I know, by the way, the Chamber of Commerce in Auckland,
although things broadly speaking have been good economically for the
government and the economy, this week Auckland business confidence not

(20:52):
good forty four percent negative sentiment. It was forty five.
So things have improved slightly, and pretty much everywhere you
lot consumer confidence, productivity, cash flow, international trade, blah blah blah,
it remains pretty much unchanged. So the Auckland business community
not full of the joy and love that we should
normally feel. On a Friday morning, six forty five.

Speaker 1 (21:10):
International correspondence with ends and eye Insurance Peace of mind
for New Zealand business.

Speaker 2 (21:15):
Straight side morning, Hey it, Mike, I'll give you one
hundred bucks if you can tell me exactly what's going
on with the tariffs right here, right now.

Speaker 12 (21:23):
Volatility, that's the word you were just using, right I
would call it economic whiplash when it comes to the
tariff wars. Trump has back down in the last few
hours on several fronts, and looking at Wall Street with
up a little bit about an hour ago now year
off five hundred and sixteen points. So they're not too happy,
are they. The Trump team has just announced a one

(21:45):
month delay on most products from Mexico. The tariff on
those products the same as expected on the Canadian side
pretty soon. This after American car makers got into Trump's
year and ward. These cross border tariffs could devastate the
car industry here. We've spoken about this before. So there
is also now a one month's delay on TARRA, specifically
affecting the car makers. All this has Trump's deputy jd Events,

(22:06):
kind of scrambling to keep up with what the hell's
going on.

Speaker 10 (22:09):
The way to avoid application of the tariffs is to
have your factory and have your facility in the United
States of America, So.

Speaker 12 (22:17):
He wouldn't get your hundred bucks? Would he build a
series of new cop plants by next week? What we
saw the effects of some of this on Wall Street.
As I say, it's not only cars, it's prices on
food and every day goods that are in the target zone.
With this, former AG Secretary Dan Glickman is saying this.

Speaker 9 (22:34):
Well, it's too early to tell what we end up with,
but if it starts impacting food prices and farm income,
then I think the political damage will be significant.

Speaker 12 (22:43):
Meantime, they have announced they're cutting some eighty thousand jobs
from the Veterans Affairs Department. These are the folks who
help look after military vets with hospitals and other aspects.
They say they're also moving to shut down the Education Department,
now being run by Linda McMahon. I'm a wrestling promoter, obviously. Meantime,

(23:03):
some veterans fired from federal government jobs already include many
who voted for Trump, and some say they are feeling betrayed.
Like Nathan Hooven, who is a disabled Air Force veteran.
He says the Elon Musk chainsaw team has cost him
his job. He says he voted for Trump, it now
feels the Trump cutbacks are destroying his life and when
it comes to the Department of Veterans Affairs, well that workforce,

(23:25):
which is set to face the Trump Musk. Sackings as
a workforce were about one quarter of the staff. One
quarter of those of the VA are military veterans.

Speaker 2 (23:34):
I having seen the documentary, I find it hard to
believe we're talking about fire part two Houses possible.

Speaker 12 (23:40):
Well, it was one of the biggest scams. Ever, as
you say, documentaries emerged from it. April twenty seventeen, the Firefes,
promoted as the greatest outdoor music event in history, turned
into just a complete well massive photo would be the
same way to put it, wouldn't. The top musicians were
supposed to appear, they never turned up. Folks who paid
megabucks one up staying in across tense at one there.

Speaker 1 (24:02):
Was no showers, there's no bathrooms, there's no like running water.

Speaker 2 (24:05):
Aah, who needs that stuff?

Speaker 12 (24:06):
People will promised luxury conditions and gourmet food. They wound
up eating cheese sandwiches rushed in on a virgin chief
basis so they didn't starves. There's another I am stranded
in the Bahamas amidst hundreds of other extremely unlucky festival goers.
Then the promoter, Billiy McFarlan serve four years in prison.
For his role in all of this. Now, though he

(24:27):
is out, he is a freeman and says, let's do
it again. He's announced Firefast two.

Speaker 13 (24:32):
I figured it would be best to hear directly from me.
What's yea happening? First fire to is real this.

Speaker 12 (24:39):
Time, he says, it's going to be awesome with the
top of the line facilities.

Speaker 5 (24:43):
Those yachts and hotels.

Speaker 12 (24:45):
There are already offering tickets. However, the tourist chief for
the small Mexican island of Maheris, where Billy says all
this is going to go down, says it doesn't exist.
Tourist chief Edgar Gaska says he has no knowledge of
any such event. No one who's saw permision for this,
they know nothing. Billy says he has the backing of
some a less music stars. He just cannot say right

(25:05):
now who they are. However, cheese sandwiches will be on
the menu. Billy says it's going to play out from
May the thirtieth to June the second. Tickets starting at
fourteen hundred bucks US already on sale, but prestige text
mic going for one million dollars if you want to
put down for a couple.

Speaker 2 (25:22):
How we can mate. The world really is mad at
the moment. Richard Arnold states, So, by the way, there
are plenty of people with money, because the number of multimillionaires,
it's reported this morning all over the world jumped four
point four percent last year. The share of wealthy Americans.
This is tim but you're going to have ten million dollars,
sell everything up, put it all in a big pile.
If you got ten million dollars, you're ultra wealthy. That
grew by five point two percent. So the Americans are
getting more wealthy than the rest of the world. There

(25:43):
are two There are two million, three hundred and forty one,
three hundred and seventy eight ultra wealthy people in the
world now, of which forty percent of them and are American.
Get away from seven.

Speaker 1 (25:56):
The Mike Hosking Breakfast with Bailey's real estates.

Speaker 2 (26:00):
Just developing Intuitive Lander, which is the private company that
went up on Elon's Sorry, Intuitive Machines went up on
the land is crashed. We think it's on the moon,
but we haven't heard from it, so we're assuming things
aren't going well. The share price is tanking. Went up
on Elon's rocket earlier on this week, so far more
important than that, though that's happening on the moon as

(26:21):
we speak. Far more important than that. Reports now that
Trump officials are going to travel to Saudi Arabia next
week to meet with Ukraine. It won't be President to
President of the stage obviously, but Rubio's from the States
and probably the Zelenski aid Yumak who were speaking yesterday
will travel. They leave Tuesday, we'll meet Wednesday. So that's material.

(26:44):
So that's exciting. Ireland's economy. If you want some economic news,
Island's economy, and this is important because we are a
small island nation like they are, with five million people.
Their economy grew two point seven percent last year's small
clue ours didn't. But we got some numbers yesterday from
the monthly accounts. The deficit one point two billions smaller

(27:06):
than forecast in December. Core Crown tax revenue for the
seven months of the fiscal year to the end of
jan seventy point two billion, six hundred million higher than forecast,
higher than expected GST, so that's encouraging. Overall revenue was
also up, expenses were down. Obergual deficit five billion, one
point two lower than expected, so that's significant, an improvement

(27:28):
of twenty percent on the last forecast. Debt levels only
slightly improve their net core crown debt at one hundred
and eighty billion sixty six million better than forecasts. So
that's that's But you know, on a month my month basis,
I mean, it all will need to smooth out because
you know what months a month, month by months are.
But you know, you know, look for good news. We'll
take that five minutes away from seven.

Speaker 14 (27:51):
All the ins and the outs.

Speaker 1 (27:52):
It's the bizz with business fiber take your business productivity
to the next level.

Speaker 2 (27:58):
Disney at the moment, isn't it so exciting? Moyob. They've
got a sort of picture on medium business this morning,
five hundred business leaders decision makers. What do we got
encouraging start the year? Jan feb They ky sixty percent
said their revenue had increased on this time last year.
Sixty percent say they've got more work lined up over
the next six months than usual, more activity in sales.

(28:21):
A lot of that's because of international exports. Just over
two thirds currently export their goods and services. Average value
shipped overseas from these businesses is eighteen point one million
dollars majority of that's in manufacturing, ag forestry, fishing, and wholesale.
Seventy percent say they're confident the local economy is going
to improve this year. Also, the little bit worried about
how to unlock more productivity. Aren't we all? If you
want growth? Here is what they say. Thirty seven percent

(28:43):
think they need to increase staff training and upskilled. Thirty
six percent want more automation. Thirty three percent say we
should implement new software that's AI. Thirty three percent say
we should continue to reduce compliance requirements that's the paperwork.
Thirty two percent say we need better access to specialized
skilled workers. It will help. It's turned up to school,
of course. Seventy one percent say they also want more

(29:03):
free trade agreements. Well, whistle Dixie on that it ain't happening, mate.
We got all the free trade going that we have
at the moment. We really should be more exercised about
these tariffs than we have been so far. I've not
seeing the sort of anger that we should.

Speaker 12 (29:16):
We are.

Speaker 2 (29:17):
Never forget the inventors of free trade. We revolutionized free trade.
Roger Douglas, God bless them, in the early eighties told
the farmers that these subsidies were not for the future.
Everyone gnashed their teeth like they nashed their teeth these
days over free credits and kids not going to school.
But we got there and we revolutionized free trade, and
we are the best in the world at the stuff.
And you sell your stuff on the idea that you

(29:39):
produce the best there is. You trade on quality, and
that is a trade and skill not to be lost.
But we sed to forget all that these days. Anyway,
Phil Goff will need to deal with that. Greg Forwan's
going and Tom Latham he's going to talk about the cricket,
and Cameron George is He's behind this big horse race
this weekend. But surely I need to ask about the warriors,

(29:59):
don't I.

Speaker 1 (30:01):
The Breakfast show, Kiwi's trust to stay in the know,
the mic asking breakfast with Bailey's real estate finding the buyers.
Others can't use togs D B seven.

Speaker 2 (30:11):
Let me just start with this. Am I joining too
many dots? A question for you this Friday morning? Am
I joining too many dots? As I wonder? Allow with
that the government having had by any measure, a very
very good week, whether they namely the Prime Minister, has
at last got the message that some action as opposed
to yak might be what the punter actually wants a
little bit. More of several solid health changes this week,
more doctors already here to be parked at GPS, more

(30:33):
nurses scripts via tech when we want them. I mean
the idea that getting a script on the net, it'll
how that suits you really shouldn't be a thing. But
they don't show you how backward we've become are. They're
all practical, sensible and politically beneficial of it. I thought
the exam concerns from the principles that wanted less hard
work and more free credits dismissed quite rightly as the
Minister hammers home the concept of hard work and not

(30:54):
giving up the big one. Of course, all gone are
sacking without a sacking, and a result the government wanted
and needed GoF gone? Was it thinly veiled? Maybe stupid comment,
of course. And a commissioner's job is to represent the government,
never more so than when you're dealing with a new,
unpredictable America and walking a very tight rope and the
Pacific between China and the US, and a couple of
minor ones. One the Prime Minister's marmite Sandwich line on

(31:15):
the show and nod to middle New Zealand who are
fed up with elite owners and elite media and their
pile on over an issue that in a convulsing world
really now is embarrassing. And two, more importantly, health again
with bal cancer announced yesterday, screening age extended down to
fifty eight from sixty. The money comes from the segregated
Maori Bowe's screening program message this is one country with

(31:38):
one rule for everyone. Bell cans is not a race issue,
It's a health issue. So by the time you put
all that together on a Friday morning, you've collected up
a fairly substantial five to seven days and the vast
majority of it is one positive, two on the right
side of the voter, and three gives the very clear
indication that a week's worth of actual doing is vastly
more appealing and productive than a week worth of announcing

(31:59):
or defending or scrap or time wasting. Keep it up
and the polls will show it's what the majority of
people actually voted for. Pasking O the matters nine minutes
past seven in a week where a lot of people,
as I've just outlined and decided to walk or some
got push and we've yet to find out whether the
chair of Wellington Water adds to that particular pile. We
saw on that mix. The resignation, of course yesterday of

(32:19):
Greg Foran, the in New Zealand CEO here I Feb
twenty twenty landed just about the same time as COVID
did Forsyth head of researcher, and the bully is well,
it's Andy, very very good morning to you.

Speaker 14 (32:31):
Morning Mike pure metrics.

Speaker 2 (32:33):
How does he rate?

Speaker 15 (32:36):
It's Look, it's really difficult to judge an airline CEO
on any kind of metric on the basis that there's
a huge amount of external influences that impact them, and
you've seen that through Creig's tenure that he's he's had
kind of four major impacts of various factors, be it

(32:57):
COVID as you just mentioned, being an enzed recession, the
engine maintenance issues that continue to dictate the airline performance,
and the biggest kind of period of inflation that we've
had in the generation. So you kind of add all
those up together, it's been a pretty challenging period for him.

Speaker 2 (33:15):
Did the lack of aviation experience hurt him? Do you
think as we look back, probably.

Speaker 15 (33:21):
I think that's a fair assessment. You know, particularly when
he stepped into the airline on day one when they
were counseling flights to Shanghai and trying to pick up
the reins of the business that he was getting accustomed
to in an industry that he hadn't worked in before.
Probably did have an impact, but he picked it up
pretty quickly.

Speaker 2 (33:40):
My assessment, I like him just for the record, for
what it matters. I found him an engaging kind of
guy who was interested in, you know, talking about the
airline and selling the airlines. So I mean, it's not
a personal thing. But this thing that was announced yesterday
where the airlines in good shape and set to go,
I don't buy because from the punter's point of view,
it's not true, is it.

Speaker 15 (33:59):
I think that's a fair assessment. I've got some sympathy
with the line being used by the airline, though in
the context you know, this is external factor is impacting
them quite substantially given the engine maintenance issues they're facing
at the moment.

Speaker 2 (34:14):
That is no one's fault, is it. I mean, the
fact they can't get an engine and the engines don't
work I mean, what do you do.

Speaker 15 (34:21):
It's probably is somebody's fault in the context of the
engine manufacturers. But yes, it's not the fauld of the
airline necessarily, and there's a not a lot they can
do given the supply chain issues they've had, given the
delays in the maintenance schedules that the manufacturers have now
provided them, which keeps them pretty handstraw in terms of
their ability to fly the capacity that they want to.

Speaker 2 (34:42):
Does the image problem they've got one? From your point
of view, is it real? I get in under there's
just an edge about New Zealanders that they are just
so willing to hate air New Zealand.

Speaker 15 (34:55):
I think you were going to suggest that you get
a fair bit of feedback. I get a fair better
feed back as well. I think there's some work to do,
you know, particularly in this post covid era, to rebuild
the image to the extent that it has enjoyed historically.

Speaker 2 (35:13):
Who do they need? Do they do it internally? Do
they do it externally? Is it global? Does anyone want
the job? Can they turn it round?

Speaker 14 (35:21):
So?

Speaker 15 (35:21):
I reckon it's one of the most primo jobs in
New Zealand corporate life. They've had a good history of
attracting very talented individuals internationally, typically Kiwis that have learned
their trades offshore, and I suspect there'll be a reasonably
good list of potential candidates for that job.

Speaker 2 (35:42):
Good stuff, Andy, you have a very good week and
appreciate time. Andy Bowley, who's Forsyight Bar, a head of research.
We're off to Dubai because the cricket's on in Dubai
at the weekend and it's a final and we're part
of it. So Tom Lake them shortly thirteen past the.

Speaker 1 (35:57):
Like asking Breakfast Full Show podcast on iHeartRadio, Howard By
News Talks.

Speaker 16 (36:02):
That'd be.

Speaker 2 (36:04):
Wanting Mike. I once flew to Meldourn to get a
hamburger and back in the same day just to keep
my elite status within the New Zealand. The only reason
I've now switched to anyone but here in New Zealand
is the food, the service and the general experience declined
so badly that I now pay anybody else. Used to
be about loyalty, but they lost that. Mike cam Wallace
will be the CEO of in New Zealand. Apparently he
hates Quantus. There's a bit of client in Morning Gossip.
Fore you Cam Wallace if you don't know the name,

(36:24):
he was one of the senior management who left. He
went to were they called whatever they'll call at the time,
the TV network across the media works or however it was,
and then he couldn't sell it. So he went to
Quantus and he's in charge of something there now and
maybe he likes it, maybe he doesn't. I don't know, Mike.
I love he in New Zealand. I found them very
good and always use them. I'm not supporting the Aussie brand.
Graham there ago while since I've got a text like

(36:45):
that sixteen minutes past. It not to be unfair. As
I've said many many times on this program, I love
you in New Zealand. I want to love you in
New Zealand. I try to love you in New Zealand.
I think I do love a New Zealand. But fill
in the rest now. Black Caps Good Weekend lined up
India on Sunday night in Dubai Champions Trophy and Tom
Lathilm's with us very good morning, good morning. Here he

(37:06):
goes down very well, indeed, given what's unfolded over the
last couple of days.

Speaker 7 (37:09):
How do you feel, Yeah, I'll see, Yeah, I'll see
over the moon. I think the performance that we put
out yesterday was, yeah, i'll see pretty much exactly what
we wanted. And yeah, the way the guys that set
it up with the first innings was probably couldn't have
ask through anything more. And then when you were certainly

(37:31):
going to be tough with the ball, but yeah, we
managed to keep taking wickets when we needed to. And yeah, boys,
boys played fantastically well.

Speaker 2 (37:40):
Going in, take us through the whole tournament, going in
what you got versus what you thought you'd get. How
did that unfold?

Speaker 7 (37:48):
Yeah, I think conditions We've going to take a little
bit of knowledge from the times we've been here in
the past, and there was no sort of tends to
get easier betting underline, and then they can and they
can skid on. But yeah, I think the way that
we've played, we've just tried to play our blueprint as
best we can and and we've managed to play that

(38:10):
pretty well. And I guess you look at having a
try series beforehand, probably it was the perfect preparation leading
leading into it. So yeah, obviously moved from a different
venue here and do buy for the final and started.
We've got some knowledge around how the wicket will potentially play,
and happily we can and yeah, I adapt to that

(38:32):
wicket and hope to put out another good performance.

Speaker 10 (38:35):
Yeah.

Speaker 2 (38:35):
One of the cricket tragics around here was talking about
the block in Dubai and all that sort of stuff.
How much of it's in your head and if you
really want to win, you can win versus what's on
the ground.

Speaker 7 (38:46):
Yeah, they've had a lot of cricket here over the
last couple of months, so the wickets that tend to
be used services, so they can be a little bit
lower and slower and turn a little bit more. But
you know, we're in the national cricket as we play
all around the world and we're expected to adapt to
I guess whatever surface that we're provided with, and I

(39:07):
guess in a couple of day time, it's going to
give us another challenge, to another chance to do that
and hopefully we can adapt as bricks can and as
I said, put that putting that perfect performance out.

Speaker 2 (39:17):
I know you've just arrived this time, right, But I
mean Tobaia's place, do they love the cricket? Is there
a vibe about it.

Speaker 7 (39:25):
Yeah, it was pretty it was pretty packed ground when
we when we played here last time, there was pretty
dominant Indian supporters. But yeah, they're certainly arriving, they certainly
love their cricket and I'm sure they'll be looking forward
to get in there and hopefully we can. We've never
been a bit of support on Sunday, I think it is.

Speaker 2 (39:45):
Is there any reason you can't win?

Speaker 14 (39:50):
Absolutely not.

Speaker 7 (39:51):
I think we we've got every chance of of if
we put out a good performance. You know, we know
we're a chance of be this quality Indian side. We've
done it before, whether it be at home or whether
it be away, and we know we've got the talent
and I guess the experience in the group that hopefully

(40:12):
we can lean back on some of the experiences that
we've had in ICC events and the guys have been
playing some fantastic cricket, which you know, confidence as a
wonderful thing, and hopefully the guys can just take that
confidence into into the next game and hopefully hopefully come
away with some silver.

Speaker 2 (40:32):
More importantly, Tom, is anyone going to hire a Lamborghini
and drive through the desert or ride a camel?

Speaker 7 (40:40):
I'm not too sure, hopefully, hopefully those things are getting
sorted out, and if we get to we get to
that point, then we'll wait and see.

Speaker 2 (40:47):
All right, good luck to you and we'll be watching
over the weekend. Tom Latham with us out of Dubai
this morning. You need to mark the week in the
moment seven.

Speaker 1 (40:56):
The Mike Asking Breakfast Full Show podcast on hard Radio,
call it My News Talk.

Speaker 2 (41:02):
Seppy Shine BAM's been speaking the head of Mexico, of course,
and she's been on the phone too Trump. If you've
missed all of this, and Trump's suspended the tariffs, the
whole the tariff's all the tariffs for a month. She's
just given a speech saying there's new respect for Mexico
because I've been on the phone to Trump. She's giving
that vibe. At the moment, we're still standing by allegedly
for maybe maybe not them to do something similar with Canada.

(41:25):
Mike easy fix for Air New Zealand. Chris Luxon has
had previous experience as the CEO, so he reapplies. David
Seymour steps in his PM. It's a win win for all.
It's not bad. Actually, I don't think anyone beats Rob five,
do they. I mean, I'm an unabashed Rob five fan
in New Zealand was at its at its peak. It
was peak a New Zealand when Rob Fife was running
the place. As far as I can work out, I mean,

(41:46):
this is at different times, price of oil round around
the world, they go all that sort of stuff. But
it seemed to be the heady days when Rob Fife
was running it. Time out to make the week seventey
three by the way, time now to make the week
little piece of news and current events that's as popular
as a marmite sandwich was in the days before school
lunch got nuts in Zed seven. Now I should have paused,
Matt that was singing the airlines in Zied seven. It's

(42:07):
not a flight Michael in Zied seven. All boarding for
in Zied seven. In z seven right, quite a bit
of good news this week from the government accounts which
are better than we thought. And I outlined those earlier
house prices which are up, red meat exports absolutely booming.
All good news. Welcome Ryan Peak seven redemption story to

(42:28):
inspire at the Golf Open if you missed it, A
Keystarmer eight.

Speaker 4 (42:31):
I do not accept that the US is an unreliable
ally now before.

Speaker 2 (42:35):
The Zelenski mountdown. This time last week, In fact, it
was on Friday morning Keiostarmer was displaying in Washington a
masterclass in diplomacy and high wire walking. In act, he
has successfully carried on with back in Britain all week,
as far as I can tell, School lunch is two.
In a world of seismic movement of global upheaval, Good
old New Zealand still had plenty of time for that crap.

(42:57):
Health seven a very good week of announcement. It's more doctors,
more nurses, more access to GPS and scripts using tech.
Who would have thought, hey, Gaza Riviera two point zero
four one. The Americans have rejected it until it avoids
the role of her mass, which leaves Trump's plan. And
you wonder why other places the way it is Trump sex.

Speaker 5 (43:14):
You don't have the cards right now.

Speaker 2 (43:16):
From his point of view, a good week. He had
Ukraine by the Uno Watts, He had a couple of
hours of Trump love and the Congress, and he messed
with everybody with tariffs. Tariff's too about is idiotic as
economic policy gets. Buffett calls them an act of war.
Buffett has a track record of knowing what he's actually
talking about. The Warriors won. What a waste of a game,

(43:38):
of a pre season, of a launch of a flight
of my time Richard Prebble eight Hero of the week
quitting on principle and the reality is it's a runaway
train that the government actually needs to do something about.
Adrian or seven. That's a statement because he's put us

(43:59):
out about misery. Takes quite a skill to get that
disliked by so many people. And that is the week
Companies on the website, and we received, by the way,
this week our updated five star health rating from the
Ministry of Primary Industry showing for yet another year marking
the week is the complete balanced diet. Pasky might there
are some good indicators for Air New Zealand. Rolls Royce
last week announced that the testing of the new engine
maintenance parts would increase time on wing from forty percent

(44:21):
to eighty percent and be completely rolled out by the
end of next year. Well that's exciting news, John, thank
you for that. Here's another foreign fan mic in the
New Zealand fan good on you come on in New
Zealand's amazing. It's a great airline. I always use Air
New Zealand quantits, for example, as terrible old planes with
terrible old seat sea. That's true. But just because you
can find somebody worse. My whole adage in life is

(44:42):
just because you get there was a Grant Robertson trick.
Just because you can point to Ethiopia and Congo as
being worse economically than we are doesn't make our scenario
any better.

Speaker 13 (44:52):
Is Ethiopia worse?

Speaker 2 (44:53):
Well, that's a very good question, Glenn, But I mean
when you can as a look take my point. If
you want to go somewhere tomorrow, if you want to
fly to London to see you for the British summer,
would you fly in New Zealand? Would you fly Singapore?
Would you fly Guitar? Would you fly Emirates? And for
the money do the math to do the money? So

(45:13):
lockwood Smith on how to behave internationally without making a
complete proate of yourself some lessons therefore you directly after
the news and then Tim and Katy will do the
week for you on the Mike Hosking Breakfast Here at
news Talk said.

Speaker 1 (45:30):
Your source of breaking news, challenging opinion and honored facts.
The Mike Hosking Breakfast with a Vida, Retirement, Communities, Life
Your Way, News, togs d B.

Speaker 2 (45:41):
I read three things. I've read more than three things yesterday,
but three things that really caught my attention, two of
which uplifted me, one of which enraged me. So more
on that shortly, Tim and Katy after eight twenty three
minutes away from eight now among the job corners this
week as our former High Commissioner to London, phill goth
who went along to A Q and A A little
bit cute for our UK High Commissioners. Lockwood Smith is

(46:03):
with this, lockwid very good morning to you.

Speaker 17 (46:06):
Good morning mate.

Speaker 2 (46:07):
Do you feel sorry for philm.

Speaker 17 (46:09):
Yeah, of course I feel sorry for him, But I
think you know, Winston Peter's horrible, Winston honorable, Winston Peter's
had no choice after what had happened.

Speaker 2 (46:18):
Could you, in isolation if you saw that question just
as a piece of video, gone immediately? No, that's not right.
That's across the line, and obviously so or is Helen
Clark right? It's a line call.

Speaker 17 (46:32):
Well, there are a couple of things. Mike is, the
High Commissioner of the United Kingdom is really the voice
of the government and the government's position in relation to
the United States is critically important, and so the High
Commission has to be very careful in representing the government.
And the second thing is that the High Commissioner of
the United Kingdom shouldn't really be commenting on matters taking

(46:56):
place in the United States, and so diplomat a boundaries
are really important in the role. And interestingly, I think
because I've been speaking for four years before I went
over there, I had no difficulty then moving away from
political thinking if you.

Speaker 2 (47:14):
Like, that's a very good point. What sort of writing
instructions when you get the job, despitely, I mean Phil's
experienced your experience, what sort of writing instructions do you
get around the specifics of what's on, what's not, and
how to watch yourself and conduct yourself.

Speaker 17 (47:30):
Well, actually, you know, even though I did a three
weeks sort of program in Wellington prior to my appointment,
they didn't really say you can't do this, you can't
do that, You can't because they expect you to be
sensible in the role. And I think where you know
Phil Goff may have heard a little is normally a
Chatham House There Chatham House rules apply and normally any

(47:53):
comments are not attributable to whoever might have made them.
But I think where Phil made a mistake was that
something as potentially inflammatory as that was always going to
sort of leak out type of thing.

Speaker 14 (48:06):
Doesn't why it was a better mind.

Speaker 2 (48:08):
Sure does it go to whether we should have Korea
politicians or career diplomats and which is better or not
in these high profile jobs. Particularly it was in question Mike.

Speaker 17 (48:20):
When I was in the UK as High Commissioner, my
wife was voted UK New Zealand of the Year. The
UK government appreciated my work so much they asked Boris
asked me to stay involved after I left the UK,
and I've served advising them on trade policy, agriculture policy.
I helped get the New Zealand Free Trade Agreement in place,

(48:40):
I helped get the UK into CPTPP. And the benefit
why I was able to do that is those senior
politicians over there respected my knowledge as a former Minister
International Trader, former Minister of Agriculture, and so the fact
that I'd had those experiences was actually hugely beneficial to
New Zealand and hasn't been since.

Speaker 2 (49:01):
Interesting. It seemed like a weird gathering. I don't know
if you've seen the video, but it seemed like a
you know, sort of half a dozen randoms in a room.
Do you do that as a lot as a high commissioner.
I thought it was all, you know, cocktails.

Speaker 17 (49:13):
No, I didn't do that sort of thing much at all,
to be honest. I did a lot of serious work
around the Commonwealth. Served on a committee helping members of
the Commonwealth that had got into trouble. I did a
lot of work talking at conferences around the UK, giving
addresses on trade and agriculture policy. So I was more
heavily involved. I didn't do the diplomatic circuit, if you like,

(49:35):
much at all. I didn't go to the cocktail parties
much at all. I was so focused on trying to,
I guess, influence the way the UK was thinking about
agriculture policy and post Brexit. Of course, you know, they
were very keen to keeping involved.

Speaker 2 (49:52):
It does say something about, really, and you saw it
in Winston Peter space yesterday. It does say something about
the tremendous sensitivity that a small country like us, the
bottom of the world has got to be cognizant of
at a time of extraordinary tumult. I mean, these really
are interesting times, aren't they?

Speaker 8 (50:07):
All?

Speaker 17 (50:07):
Fair comment and our relationship with the United States is
just too important for a loose comment to cause problems,
you know, And I think, you know, if if Philgoff's
comments have been criticized by the Foreign Minister, I don't
think that would have been enough. I think, you know,
I've got to give the right of Winston Peter's credit.
He moved decisively and that should help minimize any damage.

Speaker 2 (50:29):
Good stuff. So Lockwood, nice to talk to you, have
a very good week. Ind to Lockwio Smith, the former
High Commissioner of course and former Speaker of the House,
eighteen minutes away from eight Husky Pill wanted to make Luxon.
They went to Luxelon yesterday and they made as usual,
the media made far too much of this, and Luxon
made a very good point. I thought, so Peter's act decisively,
you could immediately draw the conclusion hang on, how come
he could act so decisively and Luxon didn't on Bailey.

(50:50):
But what Luckson said was what Luckson was trying so
unsuccessfully to say about a week and a half ago
on this program, is I empower my ministers to do
their job. They get what they can and can't do.
They know what they're doing. I give them the power
to do that, and that's what Peters did. Peters probably
didn't need to go. I made him Prime Minister. But

(51:12):
that's winston second point. I'll ask you the question. Boss
comes in. He's ruined my day. Basically, I was having
a good time. But he came and he goes just
a correction. First thing. He walks into the office, just
a correction. He said, he's almost certain, ninety nine percent sure.
I apparently said Chathamhouse rules. Apparently it's Chathamhouse rule, and

(51:33):
that's I said. That's the sort of pedantic nonsense. I said,
go listen to Radio New Zealand. That's the sort of
pedantic rubbish that they come up with. But if you
know for sure, let me know. Seventeen away from it, the.

Speaker 1 (51:46):
Mike Asking Breakfast Full Show podcast on iHeartRadio powered by
News Talks at be.

Speaker 18 (51:53):
My.

Speaker 2 (51:53):
Whilst the event Godf attended was at Chathamhouse, it was
a public event enable to be recorded and reported on clearly,
so the famous rule singular was not in effect and
gof's comments could be attributed to him and reported. He
identified himself as a New Zealand High Commissioner. I thought, yeah,
that that is true. It's all that that was slightly weird. Sorry, Mike,
Jason's right. I know he's one. I know he's right.
So he's running the place and I'm just toiling away

(52:15):
here getting confused with cider house rules. Mike, yeah, I
think they're very good. It's probably was that right. So
the three things I read yesterday that will happened to
be on the BBC. First of all, scientists have discovered
a new part of the immune system. I think this
is exciting. That's a gold mine for potential antibiotics. Part
of the body known to recycle proteins. They found a

(52:35):
secret mode that can spew out an arsenal of bacteria
killing chemicals. I would have thought that's super exciting. I'm
glad science is still advancing in an exciting way. Perhaps
even more exciting than that is aspirin some animal experiments.
It's enhanced the ability of the immune system to fight
back if you're taking aspirin. This is the University of Cambridge.

(52:56):
It's exciting. Their words, not mine. Exciting and a surprise
discovery eventually lead to cancer patients being prescribed aspirin. Regular
aspirin comes with risks. Of course, trials are trying to
figure out which patients are most likely to benefit from
all of this. But they weren't even looking for this.
But it's all got to do with the tea salts

(53:18):
and the white blood cells and all of that sort
of stuff. That part doesn't matter. What matters is they
discovered by accident that aspirin does have a role, and
a very specific role potentially when the cancer breaks away
and metastasizes. It's at that point the aspirin can do

(53:39):
something about it spreading. So they're quite excited about that.
But then also healthwise, I came to this very lengthy
and this is what got UPMA knows so much because
it was ten or eleven pages long, five years on
the countries that never locked down for COVID nineteen. I thought,
now there is an interesting article. I'm going to get
into this ten pages long and in small writing as well.

(54:02):
So they looked at these various countries that didn't lockdown
versus the countries that did lockdown, and I thought, I
wonder if we've got to any sort of conclusion now.
They start early on with Sweden broadly speaking. Sweden, of course,
as you remember, didn't lockdown at all. Broadly speaking, overall,
they are no worse off than countries that did lockdown,
is the conclusion. So all that debate that we had

(54:23):
at the time about you know, they let people essentially
in Sweden, they let you do your own thing. Yes,
they said, don't go out and go crazy. Yes we'll
protect some of the elderly or the vulnerable people, but
broadly speaking, you can go about your business. So that
was fine. I thought this is an interesting article. But
by about page six or seven, they come, of course
to New Zealand, and I'm thinking, here we go, so

(54:45):
New Zealand and they're also comparing us to Iceland. They
talk to a person called Lear Kraut, a research data
analyst specializing in public health in Southern California University of
Health Sciences, who goes New Zealand had one of the
lowest mortality rates globally with their approach. Now that's a
widely argued point of view from people who backed the

(55:06):
way that New Zealand conducted themselves with COVID. New Zealand
had one of the lowest mortality rates globally with their approach.
Iceland also fared pretty well. Plus, plus the economic impacts
on both countries were limited. So immediately I'm up at
page eight, nine, ten, and I've just thrown that in

(55:27):
the bin. And I'm thinking, so the BBC's blown all credibility.
Whoever Lee Grouters doesn't have the slightest understanding of New Zealand.
And yet this ten page report of some weight from
an organization of some reputation will go out to the
world and people will read that and they will believe it,
and it simply isn't true.

Speaker 13 (55:48):
Well technically it is.

Speaker 2 (55:49):
No, it's not. The impact was limited to carnage, yeah,
but it wasn't infinite. And what happened to what happened
to the bloke who ran it all?

Speaker 11 (56:00):
Hi a bit more importantly, big sad and ran away
more importantly, so did you when you were reading this
on the BBC website to the.

Speaker 13 (56:09):
Ten page thing? Did you print all those pages off.

Speaker 2 (56:12):
So I could sit here this morning and not waste
my time having read a thing that I couldn't talk about.

Speaker 11 (56:16):
But when you read it originally, no, I read it
with the paper, so you, not knowing that you were
going to get to.

Speaker 2 (56:23):
I printed out not knowing what's going to conclude that.
That's how ironically so it was.

Speaker 13 (56:26):
It was a literal page turner.

Speaker 2 (56:28):
It was very good. It took you while to get there,
but well done. Nine minutes away from eight.

Speaker 1 (56:34):
The mate Hosking Breakfast with a Vita Retirement, Communities News, Togs,
Dead bes.

Speaker 2 (56:39):
Hit A six away from a big Moves and racing.
This weekend, the NZB key We has been run for
the first time at Ellesleie. It'll be the country's richest
sporting occasion, new race, new format, three and a half
million dollars of prize money. The brainchild of the Warriors
Boss and the former New Zealand Thoroughbred racing cheer Cameron George,
who is with us Cameron Morning. I've read the story
a number of times about how it all started and

(57:00):
you had a beer and there you were in Australia,
et cetera. The feeling that it has come to fruition
that it's real must be quite something for you.

Speaker 16 (57:09):
It's unbelievable, mate, what it's done to this industry. It's
transformed it. It's put it out there in the public
domain globally. It's the richest three year old race in
the world on turf, and you know, to think about
the idea, get a partner us on bloodstock and the
bring it to life and have international competitors come over
for It's just awesome, So very happy.

Speaker 2 (57:28):
So the role of rejuvenating the industry, how much rejuvenation
does the industry need?

Speaker 16 (57:33):
Well, it's well, it's truly on its way. During the
years of COVID and before that it was pretty hard going.
But you know, we reset it and changed a few things,
got and tame investment and the industry has taken off again.
It's going really really well and days like tomorrow at
Barfoot and Thompson champions Day is going to be huge

(57:54):
for it. It's the industry's grand final tomorrow, say, looking
forward to it.

Speaker 2 (57:57):
How hard was it to take it from the I
know we should do this to actually doing it? Was
it difficult? To reasy?

Speaker 16 (58:04):
It's difficult because you know, everyone wants to have a
say and so on, but sometimes you just got to
put the foot down and go and back your idea
and back yourself and the people around you. And that's
what we did on this occasion. So very happy it's
coming together and you know, I just want to see
it all light up tomorrow and have a good day
for the industry.

Speaker 2 (58:20):
Is the money there? Clearly it's there, But is that
hard to get? What's it say about the economy?

Speaker 16 (58:26):
Look, the money is there. It's very strong in the
bloodstock industry and then the racing industry, so you know,
it's a huge, huge industry into the New Zealand economy
and it's you know, it's done very well lately. So
the money is there, people participating and look there's three
and a half million dollars on the line tomorrow in
the richest race, So you know there's plenty of opportunity

(58:46):
for this industry to provide for the economy and vice versa.

Speaker 2 (58:49):
How many times do you have to run it before
you can globally say this is a thing.

Speaker 16 (58:55):
I think we can say it now because you measure
it on the prize money aid that's on offer, the
global presence it's got already, and the fact that we've
got some of the best horses from around Australia coming
over to compete and it is outstanding and what people
probably don't realize you have to be a Kiwi born,
bread or soul horse. So it's very relevant to New

(59:16):
Zealand and we wanted to make that special criteria for
the eligibility of the race, to make it New Zealand's own,
and we took the slots to auction like the IPL.
We did everything so different and it's all worked to date,
so it's very exciting.

Speaker 2 (59:30):
I hope it goes well for you, Cameron, appreciate your time.
I blew that a bit of broadcaster would have left
time to ask about the warriors, and I didn't. We'll
have to give him back.

Speaker 13 (59:40):
I don't want to ruin his whole day.

Speaker 2 (59:42):
Well, he was so bullish on the horses, and I mean,
that's that's the other side of me. I'm just such
a kind, caring, given guy, but he's I just don't
want to wreck it for him. But bloody hell, I'm
still angry about him anyway. The week for you in
a couple of moments of news talk too be.

Speaker 1 (59:58):
The News, the newsmakers, the mic Hosking Breakfast with the
range Rover, the last designed to intrigue and use talks
Dead be.

Speaker 14 (01:00:09):
Well, the Rose are welcome.

Speaker 12 (01:00:12):
No two better pleas than the one we're.

Speaker 19 (01:00:21):
I ain't gone no ConA play.

Speaker 2 (01:00:26):
I've had a Sunda. I can say I love Chris
ablemen it is in the country now tonight, probably tapping
away to his own song listening to this show. A
lot of them when they come to the country tune
into the show. Lied to believe. Anyways, I sold out
tonight and sold out tomorrow night, which is always encouraging.

(01:00:46):
There was some I looked up this morning to said
the suggesting food of the no texts. There some suggesting online,
which just goes to provio you. You'd never believe what's online.
There was some sort of suggestions in christ Church on Monday,
but he's not. It's just like fake news. There's a
lot of fake news around anyway. Tim Wilson's with us,
Very good morning to.

Speaker 14 (01:01:03):
You, Timothy, yeh, good morning.

Speaker 2 (01:01:09):
And Kate Hawksby's with us, very good morning to you.
Good Is that is that your favorite song of his?

Speaker 20 (01:01:16):
One of.

Speaker 2 (01:01:18):
What's the other one?

Speaker 14 (01:01:21):
That's a good question.

Speaker 2 (01:01:23):
Unbelievable.

Speaker 13 (01:01:24):
Do you know any names of press stables and songs?
I don't know the names.

Speaker 20 (01:01:28):
Millionaire, huge, millionaire, millionaire, that's my favorite Nashville.

Speaker 14 (01:01:36):
Does it?

Speaker 11 (01:01:36):
Does it beat George Jones? He stopped loving her today
very much, so yes, it does it does.

Speaker 2 (01:01:43):
Do you Actually, it's funny you should say that, because
remember Charlie Pride. Of course I do Charlie Pride's sons
now touring singing his dad's music. Oh no, yeah, that's
what I thought. I thought, is that a thing?

Speaker 11 (01:01:56):
It's just this is the go to the hologram, you know,
like we're Ebba and Kess now.

Speaker 14 (01:02:03):
But I'm not going to go to see someone's Well,
how do you explaining?

Speaker 2 (01:02:07):
How do you explain then? What I would? It's it's
not as big as Taylor Swift, but this broad movement
and you see it coming to the country of tribute
acts and not that Pride Junior is a tribute act. Well,
I suppose it is. Actually people pay money for a
tribute act and seemingly willingly and go along and have
a good time. And I've never enjoy the music.

Speaker 21 (01:02:30):
So if the person that originally saying it isn't around
to do it, they just enjoy the music.

Speaker 5 (01:02:34):
It's the same.

Speaker 14 (01:02:35):
You realize there's a kind of fan though, isn't it there.
I didn't realize there was a Tailor Swift tribute. I
think it's got to be. It's like a like a
super fan isn't it.

Speaker 2 (01:02:46):
So even though you can go see the real thing,
and you have seen the real thing, you're happy to
pay good money. You go along and see Brian pretending
to be Elvis.

Speaker 11 (01:02:53):
You know that's I've just been to something logically and coherent. Yeah,
that's it. Maybe that's it.

Speaker 2 (01:02:58):
And surely as a son, as a Neppo baby fifty
but surely as a Neppo baby. You're going along and
you're listening to the crystal chandelier, and you go, I'll
tell you what your dad's saying better than you do, mate.
I mean you got that about you, haven't.

Speaker 14 (01:03:12):
You probably do? So my question, what's it? What's he like?
Have you heard him?

Speaker 2 (01:03:17):
Of course not, because why would I listen to somebody's.

Speaker 14 (01:03:22):
Well, have you have a gander? It might be quite good.

Speaker 2 (01:03:25):
It was like I was reading this morning. You know
about this mor than I do? Katie? What's what's what's
the kid? Beckham's kid who cooks? Brooklyn Brooklyn. Brooklyn's given
up cooking. He wants to be a race car driver.

Speaker 14 (01:03:36):
Now, no way, that's what he say.

Speaker 20 (01:03:40):
He just launched a hot sauce brand.

Speaker 14 (01:03:42):
No, how can he hear pain in your voice? Katie?
What he just launched a hot sauce brand.

Speaker 21 (01:03:49):
Look, this has been a really big news week and
I can't believe you're talking about Brooklyn Beckham because I'm
still not over Greg foreign Adrian or in the golf.

Speaker 2 (01:03:57):
I'm juxtaposing. I'm reverse psychology in the whole country.

Speaker 11 (01:04:00):
So so, yeah, you know you're doing what you know
what you're doing, what you did with Cameron George just
before eight o'clock, and then you'll waste forty seconds sniveling
onto your pinafore about how you didn't do what you're
supposed to do.

Speaker 14 (01:04:11):
So let's get into it.

Speaker 2 (01:04:12):
What about Richard Prebble. Richard Prebble quote, Now that was good.
He was my hero of the week in terms of
Richard Pribble. True to principle, stick to principle. Don't take
a job that you know you can't fix it. You know,
if you're there to shake it up and you can't
shake it up beyond principle, stand on principle and say
I'm not going to do it. That's good. All's the
biggest baby of the week. What a sniveling, whining, petty

(01:04:34):
little you know, cry baby. That's shocking Greg four And
I would like to have on. He isn't talking, but
I would like to have on And in fact, I
really like him in a quiet room, just to say, well.

Speaker 21 (01:04:45):
He'd probably like a quiet room too. He seems like
a quiet guy. But all of these people do need
to talk. I think my brother had quite a good
take on it. He said, Adrian Orrang Grig four and
are doing a startup together, trading on their lovable personalities
and their excellent business reputations. So I think they do
need to kind of stem the hemorrhaging of the way.

Speaker 11 (01:05:04):
So okay, here's here's his here's my hot take. Greek
four and comes into the Labor Party new leader.

Speaker 14 (01:05:10):
They win the next election.

Speaker 2 (01:05:12):
I think that's a stretch. I reckon that's running it
at least two or three thousand and one on the mate.

Speaker 21 (01:05:17):
Yeah, I mean it, not at But I think the
diplomat question that's been raised this week is a really
interesting one in terms of whether diplomats are actually I
thought they're supposed to be diplomatic, and I think the
only people defending GOFF are those who confuse.

Speaker 2 (01:05:29):
Politicians with no one no one's.

Speaker 14 (01:05:35):
Yeah.

Speaker 21 (01:05:35):
I think it raises the question of whether the politicians
actually make good diplomats. I mean, we've got, for goodness sake.

Speaker 20 (01:05:41):
Trevor Mallard out there representing us. You know, he's a
bull in a china shop.

Speaker 21 (01:05:44):
But I do wonder whether this the sweet little gig
for the ex policies, whether it's actually the best place.

Speaker 2 (01:05:50):
I reckon I go back to this is like a
dei argument that you go back to the best person
of the job and the best wan for the c
I immediately think of a net king. In a net king,
I would back and I think most people on both
sides of the political spectrum would back here as being
a solid, professional, diligent, hard working person who serves us
well in Canberra, Whereas Mallard, from the same party with
the same level of experience, as a complete clown and

(01:06:12):
was only put there by other clowns who wanted to
get him out of the country. Whereas say you go
back to maybe Jimbolgia, or you go to Kevin Rudd
who's currently sitting in Washington, or Ken Beasley is sitting
in Washington. Are they any good? You know, Rudd's a
loud mouth and smart ass weather as.

Speaker 14 (01:06:28):
I was quite surprised. But but golf isn't really a
loud mouth.

Speaker 2 (01:06:31):
Or any like, you know, for those.

Speaker 11 (01:06:35):
To okay, okay, you know what though, it's also indicative
of the whole. You know, there's Trump derangement syndrome right
across the spectrum. So at the upper levels where we're
for golf, you see the finished ambassador sort of smirking.

Speaker 14 (01:06:50):
It's like, yeah, yeah, I know, here's here's here's the
you know, here's the acid tests.

Speaker 11 (01:06:54):
But it's also there's Trump derangement syndrome everywhere, and it's
just a it's just a sign of the cultural moment.

Speaker 2 (01:06:59):
I think I think it is. And on that break,
on that note, we'll take a little break. Well done, Tim, Tim,
and Cadie. You've got to step up there, Kadie, because
that was quite good. Fourteen past eight The.

Speaker 1 (01:07:08):
Mike Asking Breakfast Full Show podcast on iHeartRadio, powered by
News Talks It Balks.

Speaker 2 (01:07:15):
Sixteen past eight The.

Speaker 1 (01:07:16):
Weekend Review with two degrees bringing smart business solutions to
the table.

Speaker 2 (01:07:21):
Very good question. What about Glenn Campbell's daughter. We had
Glenn Campbell's daughter on the program.

Speaker 14 (01:07:26):
Oh, she she's fantastic.

Speaker 2 (01:07:27):
She is fantastic.

Speaker 13 (01:07:28):
I take it all back.

Speaker 5 (01:07:29):
She no, don't take it.

Speaker 2 (01:07:30):
Back because he's my here's my subtle, nuanced point. She
does her own music as opposed to singing her father's songs.
You see, she's her own it. Somebody's texted about sports
people as well being you know, son of daughter of.
But the thing about being a son or daughter of
in sport is you chart your own course, play your
own position. You're in your own team, score your own tries,
win your own games. If all you do is tune

(01:07:51):
up and go, hey, dad saying this and I'm going
to sing it for you. Now, that's not the same thing,
is it.

Speaker 5 (01:07:57):
That's tough.

Speaker 11 (01:07:57):
I think particularly maybe for you know, to Charlie Pride's son,
it's tough. I would say it's tough for young men
who stand in the shadow of, you know, an iconic father.

Speaker 14 (01:08:06):
What do you become?

Speaker 11 (01:08:07):
I feel a bit of sympathy for Brooklan. It's like, oh,
I'll do my hot source, now go race car driving.
He's he's looking for an identity.

Speaker 2 (01:08:14):
I think that's true. But here's here's the other thing, though, Katie,
what do you how long do you indulge your child
when your child goes I can cook and here's some
hot sauce. But now I want to be a formula
re driver, which is what he wants to be. How
you because he can do Dave and Victoria have a
meeting over the weekend, do a bit of macro and go, well,
let's let's buy on a car, and they help.

Speaker 21 (01:08:36):
I don't think they have involved in and run his
life in any way anymore because he married into the
billionaire family. I think they run his life and they
probably everything so well.

Speaker 5 (01:08:44):
Do they indulge in America?

Speaker 2 (01:08:46):
Do they go, mate, you had the hot sauce, We're done,
or do you go have a formulaycr.

Speaker 20 (01:08:52):
I actually think it's indicative a lot of this younger generation.

Speaker 21 (01:08:54):
Though they're into the gig economy, they're into trying something
that doesn't suit me.

Speaker 20 (01:08:57):
I don't like the lifestyle. I'm going to try something else.
I mean that is actually a familiar story for young
But the days of like my granddad, you know, I'm
getting a job at the post office and I will
work there my entire life, you know, until it's over.

Speaker 2 (01:09:10):
Those days I.

Speaker 14 (01:09:10):
Think are over.

Speaker 17 (01:09:12):
Yeah.

Speaker 14 (01:09:12):
The good I think she stepped up.

Speaker 16 (01:09:14):
Mike.

Speaker 14 (01:09:15):
You threw down a challenge, break break you. I've done it.

Speaker 5 (01:09:19):
Good, very good.

Speaker 14 (01:09:20):
Now I think the challenge to you is to match
me and Kate.

Speaker 2 (01:09:24):
I'm worn out at the stage I've been on since,
so I peaking about seven.

Speaker 11 (01:09:32):
Well you actually you actually peaked on Wednesday when you
did the horse Pool interview with the men exactly what.

Speaker 21 (01:09:37):
It's good that you're peaking at ten to seven because
I was on the road at six thirty this morning
and I can tell you in Auckland, the traffic is
all go at six thirty.

Speaker 2 (01:09:45):
And I went, when you say go, is it really go?
Or is it just like there's a lot of traffic.

Speaker 20 (01:09:50):
There's a lot of traffic.

Speaker 21 (01:09:51):
It's all going to the local cafe packed packed Q
And the other day at seven thirty in the morning,
all the cafes packed.

Speaker 2 (01:09:59):
Hey, tell was it? Was it somebody else the gym
that had the show on?

Speaker 5 (01:10:09):
Yeah, that's right.

Speaker 21 (01:10:10):
My dad was telling me it's someone who bumped into
who works out at five in the morning. And they
unconcerned was that they would miss out on listening to
Mike because only they walk and listen to Mike in
the air pods.

Speaker 20 (01:10:22):
And they were at the gym.

Speaker 21 (01:10:23):
But they were very pleased to know that the gym
was pumping the mic hosking breakfast, and I said to
my dad at that point, is it an old person's gym?
Because what gym is pumping?

Speaker 11 (01:10:39):
Is this an assisted mobility gym.

Speaker 2 (01:10:43):
It's a great gym. I'm just to be fair as
egotistical as I am about my program, I would be
fairly easy with the fact that a gym probably shouldn't
be pumping z B because there's other.

Speaker 14 (01:10:57):
Is the deal you get.

Speaker 11 (01:10:58):
You get Glennslayer dance track under this and it's in
forty five forever.

Speaker 5 (01:11:02):
It's fantastic.

Speaker 2 (01:11:03):
So true.

Speaker 20 (01:11:04):
You just push up to this.

Speaker 2 (01:11:05):
What were you doing at six thirty on the road, Katie,
you're coming home again getting cross buns? Of course you were?
And are they? Are they nice ones?

Speaker 21 (01:11:16):
Oh they're delicious net On Vents and remu Era little
shout out, absolutely game changing hot cross buns.

Speaker 2 (01:11:23):
I'm very pleased to see that people are out because
we were talking about this earlier on the five o'clock Brigade.
The number of people it's I think it's more metropolitan
than it is rural. But the five o'clock Brigade. The
world is moving these days at five five point thirty
in the morning. This idea that we don't get up
until seven fifteen is well and truly gone. I think
that's a that's a benefit for wider society because starting
early in the day is a very good thing.

Speaker 21 (01:11:45):
It's a very big thing in Australia too, And I
think we're going that way and I like it.

Speaker 20 (01:11:48):
We're up and words, so we should be good.

Speaker 14 (01:11:50):
But it's getting cold in the morning, so put your
tracke's on.

Speaker 2 (01:11:54):
What's the matter with you, Tim, you're the second person
Anne Marie who runs the b She said, oh it's
I said, well, look at the day Emory. I said,
what a glorious answer. A bit cold, but this is
a sign.

Speaker 11 (01:12:05):
This is the sign of autumn. You take the butter
out of the pantry, you press an iphon and you
expect it not to be resistant.

Speaker 2 (01:12:10):
But you and I, Katie, were you and I holding
hands up the mountain yesterday and you go, oh, bit
cold when you.

Speaker 20 (01:12:17):
Oh a little suddenly coming through.

Speaker 11 (01:12:20):
Well, you need to warm your hands up before you
clasp clasp.

Speaker 14 (01:12:24):
Your bride's hand. Yes, it's just set on them on
your bottom and that'll warm them up.

Speaker 2 (01:12:28):
Okay, sophisticated too shocking, it's let's seen it now, Tim Wilson,
Ka hors is that on your bottom? What the hell
is that about? It's a twenty two.

Speaker 1 (01:12:40):
The mic Asking Breakfast with the range, rover Villa News,
Toms dead b.

Speaker 2 (01:12:45):
Chemra's Warehouse one stop shop of course to support the
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(01:13:08):
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(01:13:28):
Teas and season charges may apply. It's all at chemist Warehouse.
Great savings every day. Pasking Mike he failed is driving
tests seven times. Yeah, I was reading that. That was
the other thing. I mean, the kid comes to you
and goes, I want to be a Formula Ree driver,
and he's failed the test seven times. You've got to
be thinking. Fred Stolly's just died, by the way, very sad.
Fred Stolly was one of, along with not my favorite,

(01:13:51):
of the Australian tennis players Ken rosewool and John Newcan
would be my all time favorite. I had a real
fascination with John Newcomb, but Fred Stoley passed about the
age of eighty six. Mike, I go to the gym
at six in the morning listen to your show while
working out. Yeah that's different. I mean, thank you for
doing it, obviously, but sticking some buds in your ear
while you're working out a lot of people do that.
I understand that while walking ile excide, but a jump

(01:14:14):
a gym pumping me out is a slightly different vibe.
Paul Cole speaking, which I happened to watch briefly yesterday,
the squash that's going on in christ Church at the
Isaac Theater. Glass court on the stage at the Isaac
Theater and christ Church. What an absolute stroke of genius.

(01:14:36):
And the crowd sits in the audience like you would
sit in the audience any other time. Hopefully Cole's going
to win it because I love Paul Cole as well.
I'm loving everyone today. He knows I'm just loving everyone today.
But I mean putting a glass stage John's brilliant? Is
this Charlie sun?

Speaker 13 (01:14:49):
Wow? Can you tell now?

Speaker 2 (01:14:52):
It's Charlie Charlie all day long? It might be now
it is definitely news.

Speaker 18 (01:14:57):
Is next.

Speaker 1 (01:15:00):
The only report you need to start your day? The
my casting breakfast with Bailey's real Estate finding the buyers.
Others can't use togs.

Speaker 5 (01:15:08):
Dead be by.

Speaker 2 (01:15:09):
Putting a glass court on stage is not new. We
put it on the old Mercury Theater also at the
RTS Center about three years ago. I'm not saying it's new.
I'm just saying that the Isaac Theatre, if you don't know,
the Isaac Theater in christ which is a spectacular theater.
And the juxtaposition, the visual juxtaposition of a squash court,
the modernity of a glass court on an old stage.
That's that's what I was saying. It's it's the visuals.

(01:15:30):
Twenty three minutes away from nine.

Speaker 1 (01:15:32):
International correspondence with Ends and Eye Insurance, Peace of mind
for New Zealand business.

Speaker 2 (01:15:37):
My Murray Olds was good this morning.

Speaker 13 (01:15:38):
Man, Good Michael, good morning to you.

Speaker 18 (01:15:41):
Now.

Speaker 2 (01:15:41):
I was watching an interview with Elbow yesterday. God, he's
boring to interview, isn't he? I mean, what a boring boring.

Speaker 18 (01:15:47):
Man's I've interviewed him three times.

Speaker 2 (01:15:51):
It's like, hey, Karen, Karen, they sorry you my do you?

Speaker 18 (01:15:57):
Peter Dutton isn't much better?

Speaker 2 (01:15:59):
True? But he speaks what was interesting about it? And yes,
I we'll get out. It's all it's all tied in
with the weather. They were asking, Given you won't call
an election this weekend because of the weather, You've now
run out of time and you're gonna have to run
a budget and you have to going to go longer
than your thought. Is that how it looks like it's
going to unfold?

Speaker 18 (01:16:18):
Yeah, although having said that, and I heard that as well,
But having said that, tropical Cyclone Alfred, which is dictating terms,
no doubt about that. It's slow to a virtual crawl overnight.
It's only walking towards the Queensland coast, and there is
a suggestion it might run run out a path.

Speaker 2 (01:16:41):
Get them on a proper line that works. This is
twenty twenty five, for goodness sake. If I can get
a script at ten o'clock at night, why can't I
get Muriol's from across the Tasman How hard can it be?
Other thing we will cover off in a couple of moments.
In Wa the voting this weekend. I find WA fascinating
given it's a country within its own fifdom and the
Labor Party won it. And if you remember the last election,

(01:17:04):
Labour one fifty three of the fifty nine seats. It
was the most extraordinary thing anyway, there voting this work. Sorry, Mary,
we got you back. So you were saying time dates,
the things stalled and where does that fit in with
the election?

Speaker 18 (01:17:15):
Well that's right, because you know the whole this week
he was going to be when he goes to the
Governor General to call the election. Well all these things
are on hold. Now Cyclone Alfred is really impacting here.
But here's the thing. The cyclone have you heard of
a senior forecaster from the Weather Bureau over here, Alfred
slowed to a bloody crawl overnight. It's barely walking pace

(01:17:38):
that it heads towards the coast, and that has created
the suggestion it might not be a category two when
it arrives, it could beat down to a category one.
And you know, to lay people like ourselves, you know
that doesn't sound like a hell of a lot, but
apparently it is. Right now though the cyclone is still
well off the coast, but in northern New South Wales

(01:17:58):
where we're talking about right now here, you go up
to four hundred millimeters of four hundred and fifty mills
of rain could be dumped across the northern rivers this
morning with wind gusts of one hundred and fifty five
k's an hour, and Alfred Mike is still well out
to sea. So the people of particularly southeast Queensland, they
are bunkered down big time. You've got flights canceled, schools

(01:18:21):
are shut, you've got businesses all boarded up and it's
really just a case of wait and see. They've done
all they can to pre position, you know, flood rescue
boats and you know the Australian Defense Force has been
called in. This is all hands on deck big time
and as you say, it could impact very much the
calling of the election. But if Alfred does cool off

(01:18:45):
a bit, maybe Albaneze could still go to the Governor
General on Sunday. Because he's moderate situation from the Emergency
Central Headquarters in Canberra. He's not leaving his post until
Alfred makes landfall.

Speaker 2 (01:18:58):
Okay, well, fair enough to But then the next question is,
because of the timing and you need thirty three days.
If you can't go this weekend and you rule out
easter and all of that sort of stuff, he's then
going to run a budget. Does he want to run
a budget?

Speaker 18 (01:19:11):
I mean, probably not, you know, I mean there's some
decent stuff to talk about. Interest rates, okay, one little cut,
maybe another one coming, you know down the turnpike. GDP
in the December quarter came in at zero point six
percent of growth. That makes the annual growth rate one
point three percent. You can talk about that. That's after
seven successive declines. You've got decent retail spending figures, notwithstanding

(01:19:35):
the Boss of Country Roads saying buy more paths from
me please. So look, there's stuff.

Speaker 17 (01:19:40):
To talk about.

Speaker 18 (01:19:41):
But right now, where's my figure on this? Right now,
it's Coalition fifty one to forty nine to Labor two
party preferred. Peter Dutton still trails alban easiest preferred prime minister.
And there's been a cash splash. We're drowning and bloody
election promises from both sides. Everything Labour says, the coalition's

(01:20:03):
matching everything a coalition puts up just about Labour's matching.
The big area where perhaps they are differing is in
terms of the public service. It's a bit trumpy and
what Dutton and company are talking about here slashing the
public service. Labor's bloated, the barocracy, all this stuff. It's

(01:20:23):
a big impost on the taxpayer, big spending, a big
government spend on the public service that is really mushroomed
under Albin Easy. That's the line from Peter Dutton. Labour
is saying, Mike, as you might expect, trust us with
your health and look at the economy. We are heading
in the right direction.

Speaker 2 (01:20:39):
Ye w ar was just saying, while you were getting
a reconnected WA's this weekend. What a weird place WA is,
isn't it. That's sort of I mean geez. It's not
good for democracy when you win fifty three or fifty
nine seats and they're going to lose a few this time,
but they're still going to win the election. And it's
just the money, isn't it. I mean they've got so
much money they don't know what to do with it.
And people can't be bothered you changing the government. Why

(01:21:00):
would you win? Everything's good in the sunshining, mate.

Speaker 18 (01:21:03):
They're sitting on a giant iron or mine.

Speaker 14 (01:21:05):
That's all WA's mate.

Speaker 18 (01:21:07):
It hasn't been any coal over that side of the country,
all the coals in the East Coast, which no one
wants anymore. Everybody wants the iron or of Western Australia exactly.

Speaker 2 (01:21:16):
I know you're busy, Murray. I know you're running a newsroom.
I know you're a news titan in that part of
the world. So you you crack on with it. You
get those you get those little in turns in there,
and you tell them how it's done. You show them
how it's done, mate, the Murray Old's way.

Speaker 14 (01:21:29):
Thank you very much.

Speaker 2 (01:21:30):
You next week, mate, Murray Murray Olds he's in charge
of stuff this morning, he says, I don't have time
to be on this program like God, I've got stuff
to do. He's a man of He's a man of
immense power, influence, wealth and mystery. Seventeen minutes away from nine.

Speaker 1 (01:21:47):
The Mike Asking Breakfast Full Show podcast on Higheart Radio,
how It By News Talks at be Mike.

Speaker 2 (01:21:53):
I was at the Business Breakfast yesterday. Dodtor Oliver from
the New Zealand Initiative that's all of a hunt which
you refer to, was on. Could you get him on
each week? He is very impressive. Yes, he is impressed,
and we don't get him on every week, but we
get him on periodically, and he writes a lot. There's
plenty of writing to be read that he doesn't. It's
always always informative. Nicola Willis speaking of writing that you
should read. Jene tib Traney who works for The Herald

(01:22:16):
and has got a piece this morning. Nicola Willison, I'm
not sure whether to be concerned about it or not.
Niicola Willis is getting advice on overriding the Reserve Bank's
capital rules. Now why I might be concerned about this
is at this particular point in time, I go with
Willis on the fact that adrianaw has made a complete
mess of the New Zealand economy, and we all know
and understand that. And part of what the banks, the

(01:22:38):
retail banks argue is that the rules that all put
around the retail banks in terms of the money they've
got to put aside for a rainy day or just
in case, none of which has ever come to pass
or whatever will, because of course the great lesson was COVID,
and we survive perfectly. Go back to the GFC if
you like, we survived that as well. Go through the GFC,
go to the COVID period. The retail banks in this
country have been spectacularly successful and consistent, resilient, and they

(01:23:01):
don't need to have to put aside the sort of
money they do just in case. In fact, one of
the ironies of the discussions we often have around banks
in this country as they're too successful and they're too profitable,
and we don't like that, but nevertheless they're certainly not
going under and falling over, which is what Adrian or sees.
You got to put all that money aside for just
in case. So Willis is looking to try and circumvent that,
because you must remember that, or or whoever the new

(01:23:22):
Governor is and the Reserve Bank have to be independent.
And if Willis can get around those rules, so in
other words, she can go Look, I've had a look
at the rules that the governor implemented, and I don't
like them, and I want to do something about it.
You're getting awfully muldoon esque and we didn't like that.
And it's all very well to be on the side
of Nicola Willis now, but if she sets a precedent
and you get another Grant Robertson in charge of the

(01:23:44):
country and he says, well, Nikola did, and I'm going
to do it differently. I'm going to do it. You know,
I'm going to override it as well. Suddenly you're just
blowing up the whole independence of the Reserve Bank. So
as incompetent as all may have been, you do want
the Reserve Bank to be independent, be seen to be independent,
and to be independent without any doubt. And if she's
looking to get around into twist and arm here and

(01:24:04):
change a rule there and working behind the scenes, I
don't know that that sets a particularly good precedent. And
then I got depressed reading about in the Cargol because
I was excited yesterday giving you all those numbers on housing.
So the biggest increases in the house prices in the
country in the past month have been, of course in
christ you followed by the need and followed by in
the cargo because everyone's heading to the South Island. Why
wouldn't you. But then I'm seeing the dispute yesterday over

(01:24:28):
the naming of a new subdivision in Otatarta, the Otatara Subdivision.
The developer puts forward Helligan Way, bush Haven Way, possibly
Greenside Way, green View Way, Bushviewway, at which point the
Deputy Mayor Tom Campbell goes, hold on, there's no Maori

(01:24:52):
names there. What are we going to do about the
mari names, to which everyone goes, oh, actually, I didn't
know if they did that. Maybe they didn't. Maybe they
were gripped by Tom, the grip by everything. Tom says.
Then they had a dispute as to whether or not
it was a requirement to come up with some Maori names,
to which somebody else who called Patricia, And Patricia's the

(01:25:12):
council group manager of Finance and Assurance. She goes, well,
hold on, Tom, Maury names are to be encouraged, but
there's no rule that says they have to be part
of something. Now, if you're not going to come up
with your own names, which they don't, and the developer
has to come up with a name, My argument is
the developer can come up with any name he wants,
and as long as he doesn't call it something stupid,

(01:25:34):
then you can call it whatever you like. And that's
just there's a lot of time.

Speaker 13 (01:25:38):
Well what if they spout waywe instead?

Speaker 2 (01:25:41):
Yeah, well that's with a thing on tom Bush View.
There you go. See that's the sort of common sense,
middle of the road whiteboarding that we need more of.
The Then congratulations nine Away from nine.

Speaker 1 (01:25:57):
The Mike Hosking Breakfast with Bailey's Real Estate News Dog ZB.

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(01:26:45):
but tab dot co dot Nz cosking I note there
was another vote of no confidence yesterday against the Simon
Prime Minister math Alfa thirty two nineteen. She defeated it.
Second one goes with the vote of no confidence and
ra as Hong of the other day. It's not going
on with the Pacific? What's going on in the Pacific one?
Why isn't it? Little bubbling cauldron of upset? You go

(01:27:10):
for your holidays over Easter, sit in the sun. You've
got no idea what's going on locally?

Speaker 17 (01:27:14):
Do you?

Speaker 11 (01:27:14):
Hey?

Speaker 2 (01:27:14):
As you order another pina colada. The it's all tense.
If you go down the road to the towns. But
we never do that, do we. We just go there
and lie on a sun chair and drink Pinicolada. Six
minutes away from nine.

Speaker 1 (01:27:27):
Trending now quin Chemis Square House, the home of big
brand Fatealns.

Speaker 2 (01:27:31):
Here's the weird story of the week. We told you
yesterday the Dems. The Democrats considering somebody from outside the
party because last time they looked inside the party was
full of Biden's and Harris's and it didn't go very
well for them. So they need somebody from the outside
to run. In twenty what is it? Twenty twenty eight?
Mark Cuban whose businessman comes sports type person they thought

(01:27:53):
would be a good idea, and Stephen A Smith who
works on ESPN as a sports analyst. They were a
couple of names. Cuban immediate ruled it out because he's
got to well want a brain into a life. Steve
and I he's been on the Jimmy Fellon show though
first time he's actually addressed it. So what's happening? What's
going on?

Speaker 14 (01:28:09):
What does this mean?

Speaker 13 (01:28:10):
Folks?

Speaker 5 (01:28:10):
Are nuts?

Speaker 2 (01:28:11):
Number one? Number two?

Speaker 8 (01:28:14):
You know?

Speaker 19 (01:28:15):
I mean the Democratic Party, I mean they lost, they
had a bad few months.

Speaker 5 (01:28:18):
We all know this.

Speaker 19 (01:28:20):
And even though there's a lot of qualified Democrats all
over the country from a local perspective, governors, mayor stuff
like that, there's no real national voice into war. They've
come to me. And so I mean, I did not
ask for this. I don't want this. I think the
numbers up to like seven point six percent.

Speaker 5 (01:28:38):
I watched these things.

Speaker 2 (01:28:39):
I watched these thinks.

Speaker 19 (01:28:40):
Yes, and I'm saying, wait a minute now, I don't
want to do this. But the fact that they're talking
about me this way, I must say I approved this message.

Speaker 2 (01:28:53):
So what does that mean? It doesn't mean anything. Why
doesn't Jimmy Fellon ask the hard questions?

Speaker 13 (01:29:01):
I'm asking some funny questions.

Speaker 2 (01:29:02):
It's almost it's almost like he's on some late night
giggle fest, isn't it. That's us for the week. It's
been pretty good all in all. I'd give us a
nine point eight nine. A little bit of Crusaders reads
that's not that interesting? Is it will kill them? Hurricanes? Moana?
That's not that interesting. Chiefs Fiji really a game? Is
it to be honest? To be frank Blues Brumbies, A

(01:29:23):
little bit of super rugby if you're into that. Out
of the week anyway, the forecast and MIDI parts of
the country is still pretty good, despite the fact everyone's
wandering around here going ah, it's the back colder than
it was, you know, just enjoy it. The sun's still
shining in that bank. Colder than it was. It's still beautiful,
you know, in a beautiful day is a good day.
We'll see you Monday. Happy Days.

Speaker 1 (01:29:44):
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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