Full Show Podcast: 11 November 2024

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Big News, bold opinions, the Mic Hosking Breakfast with a Veta, Retirement, Communities,
Life Your Way News, togs Head.

Speaker 2 (00:09):
Be welcome today the protest from the north of the
capital of the Treaty Principles Bill More good news for
our exporters. We got a warning around diabetes and whether
anyone really cares, given this is not a new issue,
of course. The lads in the commentary box being a
Monday Richard Arnold Slee Price. They're in from offshore as well,
asking welcome to the week seven past six. I tell
you what I got very limited time for the behavior

(00:30):
and modus operandi of your overridge social media company. But
on Australia they are right now. Australia if you missed
it over the weekend, have now moved to ban sixteen
or unders from social media. Social media says, be careful
what you wish for. Obviously it isn't going to work.
It can't work. It's the sort of left leaning thought bubble,
good intention nonsense we got rid of here last year

(00:51):
at the elections. But the Australians, sick of Scott Morrison,
decided old Elbow and his interventionists would be the answer. Until,
of course, as the poll show and this new one
this morning, by the way they've worked out, they weren't.
And instead of the election next to you being the
obligatory second term for Labour, as history tends to show,
you have not only a contest but a real chance
that Elbow will be a one termer while we wait

(01:11):
for all of that to unfold, They earnestly are pretending
by passing a law that they can tackle one of
the modern world's great social emergencies, and that is part
of the drive for the debate. I mean, we all
agree social media is trouble, not all of it, but
the artworking so often are detrimental to young people especially.
It's an insidious mess that's become so out of control,
maybe because the social media players have become so big,

(01:33):
so powerful, so cross boorder, you can't stop it. Hence
the futility of the Australian moves. I mean, do we
all wish it would work well? Of course, there's a
bit of freedom of speech I suppose about it. I mean,
as a ban, an outright ban good, No are they're
fifteen year olds that use the net sensibly? Of course?
Are we acting and freaking out over a minority in
their troubles. Yes, is that healthy?

Speaker 3 (01:54):
No?

Speaker 2 (01:55):
But that is what left lenas do. They tell you
how to live your life. But what makes this worse?
They're trying to tell you how to live your life
while being completely ineffective with their answer. Do it properly
or don't do it at all. It's a simple premise,
so often ignored getting plaudits for thought. Bubbles isn't had
fixing the unfixable in something that hasn't been fixed anywhere?

(02:16):
Is virtue signaling nonsense?

Speaker 1 (02:21):
News of the world in ninety six.

Speaker 2 (02:23):
If the world's still digesting the Trump results. In Britain,
the Tories a little bit worrey, given labor are running
the place.

Speaker 3 (02:28):
America is a key ally of ours, and if they're
going to listen to us, and if we're going to
have constructive engagement, a good starting point would be to
have that trusted relationship, one of mutual respect and understanding.

Speaker 2 (02:40):
Treasury has been looking into the possible defict on terriff.

Speaker 4 (02:43):
A very strong, very fruitful relationship both for us but
also for the American economy, and of course we want
to protect that and strengthen it in the years ahead.
And I think President Elect Trump has said that. I
mean he recognizes the important relationship of the US has
with the.

Speaker 2 (02:57):
UK meantime, and the states of the Democrat are in meltdown.
Bottom line, if you're an average working person out there,
do you really think that the Democratic Party is going
to the mats, taking on powerful special interest and fighting
for you.

Speaker 4 (03:10):
I think the overwhelming answer is no, and that is
what has got to change.

Speaker 2 (03:14):
But the Republicans get it.

Speaker 5 (03:16):
We've got to have energy dominance. For me, that is
a critical thing for Pennsylvania that we unlock this beautiful
natural gas we have and make it available to the world.
And what we've got to secure these borders, four thousand
of fat and our deskines.

Speaker 2 (03:29):
Back in Britain, on a couple of other matters, One
the Royals have been out for Remembrance Day.

Speaker 6 (03:32):
It was really significant that we had both the King
here and the Princess of Wales when you consider just
how difficult the last year has been when there's been
so many doubts over what events both of them would
be able to attend.

Speaker 2 (03:44):
And two real upset out of the budget over these
new Texas for private schools and especially kids from military families.

Speaker 7 (03:50):
Had so many emails from serving offices of military personnel
and their spouses and they are extremely worried about this
new tax and the government needs to exempt the children
of military.

Speaker 8 (03:59):
Families from it.

Speaker 7 (04:00):
The emails I've had are saying I've got to choose
between my child and serving my country.

Speaker 2 (04:03):
Finally, we've got forty monkeys on the loose. They hid
tailed it from the medical research facility in South Carolina.
The Feds have broken up the thermal imaging cameras. Locals
near Charleston have been told to keep the windows and
the doors shut and locked. We have been here before,
same facility twenty sixteen. You're seeing there, go Hang on,
haven't I heard this for Yes, ye had twenty sixteen

(04:25):
nineteen monkeys that time. They were rounded up in six hours.
This one's not going They were here's the world in
the ninety seconds. By the way, Amsterdam still a mess.
You thought they had that sorted over the weekend as well. No,
they have not. The police are busy with the pro
Palestinian protesters as we speak. The court said you can't
protest as a result of what happened on Friday, but
the pro Palestinians decided they knew better, so dozens of

(04:47):
them are currently being rounded up by the Feds. Twelve
minutes past six.

Speaker 1 (04:53):
The mic asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks ab.

Speaker 2 (05:00):
That it matters, but he got Arizona in the end,
said all seven swing states more importantly probably nit Nya,
who claims that Trump and he see Ida I quote
unquote ie to I on the Iranian threat. They've spoken
three times since the election, so works already underway. Fifteen
past six, Richard stateside on that. Shortly for you from

(05:22):
Devon Fund's management, Greg Smith, how are you going great?

Speaker 9 (05:24):
Thanks?

Speaker 10 (05:25):
Moy?

Speaker 2 (05:25):
Wow about those US market day? Where does that stop?

Speaker 11 (05:28):
Wow?

Speaker 10 (05:29):
Yeah, we're the down s and P five hundred and
there's they all hit record eyes on Friday, so he
invested respond pretty positively. Small cap indicies are up strongly
as well, So those three in the seas are all
up around five percent for the week. So yeah, they
like the election result and they was actually like to
think what the Fed had to stay on Friday as well,
So no surprises. The rates cut by corps of percent.

(05:52):
They drive house at the press. Confidence there on a
path to more mutual stance. Things are going according to plan,
he said, with respect inflation and employment. He said, just
like an airplane approaching an airport, though maybe appropriate to
slow down as they near the inflation target and the
markets are there assigning a thirty percent probability of a
pause at December meet. But yeah, lots of interest in

(06:13):
what he had to say about Trump, and he said
they've yet to establish the consequences from inflation perspective effectively
of life under Trump two point zero, particularly if the
Republicans end up controlling the Congress, which we went over
for a while obviously give Donald Trump greater latitude to
cut TEXTUS deregulate and those protectionist policies. And of course,

(06:34):
as you mentioned, Trump has said that tariffs is his
favorite word in the dictionary. But yeah, Droon Powell, he's
sort of pretty tight lipped. He's actually asked a thorny
question as well there Mike on whether he would leave
if Donald Trump time to go. He said no. The
reporter asked him if he had to elaborate. He said no,
and he later confirmed that a demotion by Trump would
not be permitted under the law. But it was only

(06:55):
a few months ago with Trump said he reckons do
a better job than most FED officials. We can see
a bit smart. And also over the weekend, Elon Musk,
who set toever an advisory position in the new administration,
has endorsed the use of presents intervening in FED policy.
So look, stay tuned here. Things could get spicy. As
inside tearser by the way up thirty percent last week.
That seems benefit sugar Trump presidency market cap one trillion dollars.

Speaker 2 (07:20):
What about us? Do we ride the coattails or not?

Speaker 10 (07:22):
We did as well, so the NZ fifty not quite
as big as the US and decision in terms of gains,
but at one point seven percent for the week nonetheless,
but it doesn't necessarily mean that everything's hunky dory with
respect to our economy. So there was a couple of
interesting updates in the retail sector. So Warehouse Group they
provide a trading update. Sales in the quarter to the
end of October down two and a half percent, is

(07:43):
an improvement on a six percent year on year decline
in the fourth quarter being in July. On online sales
they've theyve down thirteen percent. Nearly everage retail selling prices down,
so that was supposed good for the inflationary story. Red
sheds are not leaving. They paired to be holding a
bit better actually than we are stationary, but they see
basket sizes remain constrained and trading conditions are challenging, but

(08:05):
they see some positive signs, so you know, maybe those
rate cuts are helping.

Speaker 12 (08:08):
Mike.

Speaker 10 (08:09):
Those years were flat for the warehouse, but Brisco they
are up one point six percent. Now, I've talked about
this a bit before. They could have navigated the challenges
of the retail sector better than many others, and this
is reflected on a sales update there. So quarter sales
at the end of October were up zero point to
five percent, and MD Roger said this was a outstanding
achievement given the retail market and the environment. So that

(08:31):
was sort of fair enough. Brisco see four um underline
net profit after tax in the range of seventy to
seventy seven million dollars. That's down on eighty eight million
last year. We'ld have caused lots of challenges facing the economy.
He also said that things are a bit uncertain ahead
of the December quarter, which traditionally produces more than thirty
percent of group sales revenue, So I guess might there'll
be more than a few retailers hoping for a festive

(08:53):
shopping period exactly.

Speaker 2 (08:54):
Those Chinese at one point four trillion sounds like a
lot of money. My reading suggests that people were expecting more.
Is that fair?

Speaker 10 (09:01):
That's fair, very fair. So these latest stimulus measures from
from China, and yeah, just some disappointment, particularly light of
the election result and what that might mean for the
trade war. So yeah, ten trillion yuan, which is around
one point four trillion US dollars. So this is a
five year spinning Planet's mainly looking at helping heavily indebted
local governments. It's actually going to raise the debt selling
near by some forty percent. It's the latest in the

(09:24):
series of measures when we've talked about that rate cuts,
property measures, supporting the stock market. But yeah, just will
it be enough. We've seen some mixed dater on China recently.
We have those export numbers, they're the biggest jumps since
March twenty twenty three last week, but over the weekend
inflation is anemic, So yeah, we'll see what happens. In
particular with respect to the tariffs that are coming. They

(09:46):
did say in terms of the finance missed on Friday
that more measures would be forthcoming. So let's see about that.
But the CSI three hundred and China was down one
percent on those announcements.

Speaker 2 (09:56):
What are those numbers?

Speaker 10 (09:58):
So yeah, the Dow, S and ps all hit record
levels zero point six percent on fire. The Jones forty
three nine eight eight S and P five unded up
point four percent five nine nine five, nasack up point
one percent, nineteen two eight six for CE one hundred,
and the UK down point eight percent. Nickey up point
three percent, A six two hundred was up point eight percent.
We had a good week as mentioned at one point

(10:20):
five percent on Friday twelve seven seventy for the zetics
fifty gold that was down twenty two dollars two thousand
and six and eighty four US and ounce oil down
two dollars seventy spot forty for crude but coined by
the way, Mike Let's hit eighty thousand US dollars for
the first time. By the Bye currency's key against the US,
we were down one percent against the dollar. The Australian dollar,

(10:40):
the q was up point five percent ninety point six
pounds sterling. We were down half percent forty six point two.
We're fifty nine point seven, by the way against the
US dollar this week. Plenty going on. We've got US inflation,
We've got US retail sales. We've got China and Dusty
production and retail sales. We've got earning some home Depot, Cisco,
Walt Disney and backame. We've got content MNGAG and we've

(11:01):
got half your numbers from main Freight and Infantal.

Speaker 2 (11:04):
Will be very interesting, all right, Matt, Go well. Greg Smith,
Devon Funds Management, by the way, if you want more
from Greg, and to quote my old mate Giles Beckford
at Radio New Zealand over the weekend, like a dog
with a bone, investment manager Greg Smith of Devon Funds
refuses to give up on a call for a jumbo
sized rate cut. He refers to the cash right, he's
still arguing for a seventy five points. You can look

(11:25):
it up and read it if you want. Sony. By
the way, they're doing all right. Gaming's good are They
bumped their forecast to eighty three billion better than expected
profit for September and the quarter operating income jumping seventy
three percent year on year six twenty one. You're at
news Talks Abo.

Speaker 1 (11:44):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks it by.

Speaker 2 (11:50):
We're going to get into China a couple of moments.
So Tom mcclan as mates were up there last week
and they've signed some big business so we'll get you
through the details. Exports from China though they announced yesterday
up to twelve point seven percent year on year because
jumps into March of twenty three, so we think good.
Imports though fell by more than expected. So we've got
our work cut out for us. As regards the war,

(12:11):
this is I think the one to watch. The Middle
East is I mean, that's interesting as well. But Aubarn
big meeting of the European heads over the weekend. Aubarn,
who's a Trump mate of course, says Europe simply can't
afford the war, so they're all, you know what over
the lack of American money. Then the incoming administration, as

(12:33):
in Trump, will focus on achieving peace rather than enabling
the country to gain back territory. Guy called Brian Lanza,
strategist who worked on Trump's recent presidential campaign, basically they're
going to ask Zelenski for his version of a realistic
vision for peace. And if Zelenski comes to the table

(12:53):
and says, well, we can only have peace if we
have CRIMEA, he shows to us he's not serious. CRIMEA
is God six.

Speaker 1 (13:02):
Trending now with House your Home for Christmas shopping.

Speaker 2 (13:06):
Broadly on the subject. It's an l Saturday Night Live,
first show after the election. They love mocking Trump. Of
course they love mocking Trump, especially after Trump criticized Elec
Baldwin's portrayal of Trump. So to look for some balance,
they got Bill Burn. All Right, ladies, you're.

Speaker 13 (13:20):
All and two against this guy, all in two, all right,
but you learn more from your losses than your wins. Ladies,
enough with the pants suit. Stop trying to have respect
for yourselves.

Speaker 10 (13:35):
Okay.

Speaker 13 (13:35):
And I know, listen, I know a lot of ugly
women feminist, I mean, don't want to hear this message.

Speaker 2 (13:42):
But just tease them a little bit.

Speaker 13 (13:45):
Make a farmer feel like he's got a shot. I'll
be honest with you. I am so psyched that this
stupid election is finally over. Everybody knew who they were
voting for four years ago, like who was sitting there
watching the debate, like still not decided. It's like, all right,
let's see what is the orange bigot have to say?
How about the real estate agent that speaks for our nurse.

Speaker 2 (14:08):
This is so difficult. He makes a point, doesn't he?
I Like Bill Bird, Jacksmith had a busy weekend. He's
on the verge. I'm assuming of getting sacked. But before
he does all of that, he's just busy winding everything down.
So I think we summarized it nicely on Friday. The
civil stuff, as regards the courts, he's going to have
to pay in some way, shape or form, short of
them appealing, which of course he will. But the substantive stuff,

(14:30):
the criminal staff Georgia, Florida, New York, all that sort
of thing. They're just going to wind down, and Jacksmith's
in charge of that at the moment. Setting aside the trials.
You cannot convict a sitting president is what it boils
down to, Right, China, how did we do? Are these
trade missions still worthwhile? How much business has been done?
We'll have a look at that. And Mark Mitchull, police minister,

(14:51):
on this big protest coming from up the north of
the country. Later on the program that we you.

Speaker 1 (14:55):
As will demanding the os from the decision makers. The
mic Hosking breakfast with the range rover villa designed to intrigue,
can you talk?

Speaker 2 (15:05):
Deed be bring good news for the rural community, which
of course feeds into the whole of the community. Fifty
cents nine to fifty is the midpoint? What are we
talking about? The price of the farmgate Fontira are The
board met last night. They flicked out the email to
the shareholders. A fixed milk price application window opens this
morning that you'll know about, of course if you're in
the business. Narrowed the price range from nine down to

(15:26):
nine to ten dollars up from eight twenty five to
nine seventy five. So things are moving in the right direction.
What's driving this price? Where we saw the dairy auction
last week? Of course strong demands the answer. Where's that
demand coming from? Here's the good news China indications that
domestic production is below expectations, so they need our stuff,
which is good. Also demand out of Africa, the Middle East,

(15:47):
in Southeast Asia. So a midpoint of nine dollars fifty
will take it all day long. Twenty two to seven
US election, there's still plenty going on there. Richard Arnold
shortly meantime, speaking of which, good news for New Zealand Inc.
I've got more good news. Multimillion dollar boost for exporters
in China. Latest trade delegation heading home after inking three

(16:07):
hundred and forty ish million dollars worth of business over
the next three years. The New Zealand Trade and Enterprise
CEO Pete Crispers with us on this PEAT morning. To
you morning, Mike, a very well indeed? Did it go well?
Did it go gangbusters? How would you describe it?

Speaker 14 (16:22):
I think it went very well, actually, Mike. We expected
things to be a bit tough when her up there,
because the China economy is quite subdued at the moment,
slowed down to about four point six percent growth, well
south of it's normally per cent plus growth. But that said,
there's plenty of life in the market, lots of new,

(16:42):
fast moving consumer niches and the particular expo who went
to was absolutely going gang busters fantastic.

Speaker 2 (16:50):
The three hundred and forty million is in what area
and for who who gains here?

Speaker 14 (16:56):
It's a very broad ranging food, beverage, health, product services,
bit of technology across about twenty four companies, and that's
really just the stuff that we can immediately count, the
stuff that comes out of deals that were memorandums brand launches,
supply agreements, but probably even bigger than that. It's just
a big halo effect of being up there with a

(17:18):
lot of companies all together and you could just get
that big presence which you need in that market. We're
a small country and to get presents that requires a
lot of collaboration and cooperations.

Speaker 2 (17:29):
Can talk to the Prime Minster a lot about this
sort of stuff. Have we cracked the we are open
for business, we're back in the world problem that we've
had or not?

Speaker 14 (17:38):
Oh yeah, I think so. I think that will very
much understand that we're a business. The Prime Minister, as
we all know, has been out and about an extraordinary amount,
as has our very active Minister of Trade. So you
know the world is really still adjusting from COVID. We're
still in that phase. But I don't think there's any
that in New Zealand's closed for business. Quite the contrary.

Speaker 2 (18:00):
Good that business you're doing. Is it new business or
is it expanded business or a bit of both.

Speaker 14 (18:07):
It's a bit of both, but almost all of it
is companies working out what new consumers are like. I mean,
the thing about the China market, it's one of the
most fast moving markets in the world, huge range of
new tastes as consumers, they're incredibly energetic. So the companies
that do well are the companies that really hunt for

(18:27):
those new niches. But as you mentioned some Terra before,
I've got their application centers up there, and the job
of those centers is to really find those consumers and
make particular products for those specific consumers. And that's the
way to take on that market. But that's very intense,
needs a lot of commitment.

Speaker 2 (18:44):
Are you bullish on China generally? Will they come right?

Speaker 14 (18:49):
I think as a team we came away more optimistic
than pessimistic. But we've got some quite big structural problems
in the economy, as many economies have. But you know,
as as a consumer, as a society of consumerism, it's
a juggernaut. So we just got to be in there.
Stay in there.

Speaker 2 (19:08):
Kid committed, good stuff, Notice to catchup. Appreciate it very much.
Pick Chrispoo's the New Zealand Trade and Enterprise CEO. Nineteen
minutes away from seven milk price nine to fifty. Mike
didn't build English once claimed that milk would never breach
eight dollars. Again, I can't remember. It's a very good point.
I can't remember if you said eight or ten. I
think it was eight. I think you're probably right. Plenty
of Google trends. It's the old thing. I will come
back to this after seven o'clock. But this, this meltdown

(19:29):
was seeing in America. Can pull your pants up when you,
for God's sake, grow up. You lot everyone who's melting
down at the moment, it's just an election. Google trends,
plenty of Google to everyone's going, what's going to happen
to the war? Oh what's going to happen to the tariffs?
Oh what's going to happen to the Mexicans? Anyway, Google trends,
same old, boring story. Everyone's leaving the country. Everyone who
said they're leaving the country, good, go get out, bugger off.

(19:51):
Let them get on with it. Canada is the number
one place they're wanting to go to. They'll regret that
if you're following Canada at the moment, the place is
a mess, followed by the UK, Japan, Australia, Italy, Ireland.
I note, unfortunately, this is Americans looking to get out.
I note unfortunately we're not in there, which says something
about our current reputation globally as well. I can get
you down to Ireland, Spain, France, Sweden, Germany, Netherlands, Costa Rica,

(20:15):
even Mexico, South Korea at number twenty one, still know
where to be found on the list. But presumably that
all comes to pass, which it won't. There's a flood
of Americans on their way up eighteen to two.

Speaker 1 (20:27):
The Mic Hosking Breakfast Full Show podcast on iHeartRadio powered
by News talksp.

Speaker 2 (20:33):
A couple of poles out in Australia this morning, the
first of which tells us that Dutton's on a roll.
His personal approval rating is up another five points, elbows
is down, So Dutton's got a net approval rating now
five percent when you take the pluses and the minus'
net approval rating of five percent. Albanese is underwater, as
they say in America, is sitting at minus fourteen. Primary
support for the coalitions lifted to forty. Labour's primary support

(20:56):
unchanged at thirty, So forty plays thirty and I'll give
you the second Pole shortly six forty.

Speaker 15 (21:02):
Five international correspondence with ends and eye insurance, peace of
mind for New Zealand business.

Speaker 2 (21:08):
You Poldridge it on the morning to you, good one night,
Ariazgonner in the bag. All the swing states sorted.

Speaker 16 (21:13):
That's a right. Donald Trump's election victory underlined by the
latest vote count, which has given him the last of
the seven battleground states to be decided. Joe Biden, of course,
took Arizona in twenty twenty, so that's the turnaround. Immigration
and the economy clearly were big concerns in that part
of the country, as well as many others. So this
give Trump's eleven more electoral votes for total of three

(21:33):
hundred and twelve compared to two hundred and twenty six
for Kamala Harris. So that is a route. The House
still being decided, Republicans have two hundred and thirteen seats
in the four hundred and thirty five member House of Reps.
They would need to win five more seats of the
seventeen still in doubt. That is a reasonable prospect. Still,
the House is likely to be a close split. Finally,

(21:54):
so it will affect Trump's hand. Trump will meet with
Biden a Thursday in the Oval Office, something that is tradition,
except for twenty twenty, of course, when Trump refused to
do so and wouldn't meet with Biden. Trump has named
Susie Wiles as his incoming chief of staff. He calls
her the Ice Maiden. She is from Florida and helped
to elect Ron d Santas there until they fill out

(22:15):
amid suggestions that she had leaked some dirt on de Santas.
She is alleged to eleak material showing that he had
been selling access to special interest so he ousted her
from her political role and from a lobby group in Florida.
When Desantus lost out in this presidential race.

Speaker 2 (22:31):
She tweeted bye bye.

Speaker 16 (22:33):
She is the first woman to hold his chief of
staff post and White House. Trump also has said that
Mike Pompeio, the former Secretary of Stated of Nikki Hailey,
former UN ambassador, will not be part of his new lineup.
In a brief interview with NBC, Trump was asked about
his plans for mass deportations of illegal immigrants. Trump says
this will be a priority and on the price tag,

(22:53):
he said, quote, it's not a question of a price tag, Really,
he said Trump, when people are killed and murdered, they're
not staying here. There is no price tag. Well, some
have estimated that they're for a million people are reported
each year. It would require a boost in border agent
numbers from about six thousand to one hundred thousand at
an overall cost of eighty eight billion whist dollars. How

(23:14):
will this play along with the impact on the American
economy since so many immigrants have key roles in major
industries and many families could face breakups. All that to
be determined. On the Democratic side, reassessments and recriminations under way,
and we know that Biden and former Speaker Nancy Pelosi
have not spoken with each other since Pelosi urged the
President to step aside. Now she's saying Biden should have

(23:36):
stood down way earlier.

Speaker 17 (23:38):
Had the President gotten out sooner, there may have been
other candidates in the race. Kamala I think still would
have won, but she may have been stronger having taken
her case to the public sooner. Because the President endorsed
Kamala Harris immediately, that really made it almost impossible to

(23:58):
have a primary at that time.

Speaker 16 (24:00):
Well, Ukraine, there's headline concern again right now as fifty
thousand Russian and North Korean troops thank you, joined in
a new assault on the battlefield there. National Security Advisor
Jake Sullivan says, the Biden team is rushing military aid
still to Ukraine.

Speaker 9 (24:15):
By January twentieth, we will have sent the full amount
of resources and aid to Ukraine. The Congress is authorized,
and of course President Biden will have the opportunity over
the next seventy days to make the case to the
Congress and to the incoming administration that the United States
should not walk away from Ukraine.

Speaker 16 (24:31):
Well, Sullivan makes also the obvious point.

Speaker 9 (24:34):
If we walk away from Ukraine in Europe, the question
about America's commitment to our allies in Asia will grow.

Speaker 16 (24:41):
Then, of course, we learned this weekend that on the
latest Trump call with Ukraine's president Zelenski was elon musk
Command with no official government role, no security clearance. So
what the looming part will be for the self described
black mega recruit will be well, who knows.

Speaker 2 (24:58):
Exactly right I might can catch up on when. So
they appreciate it very much that Australian poll on Trump.
Why they would poll Australians on Trump? Nevertheless they have.
Forty six percent say the government the Australian government should
put tariffs on US exports. If the US put tariffs
on Australian they already are there, of course, which just
goes to show how little the average Australian knows what's
going on. Forty one percent of people aren't sure they

(25:19):
like Harris broadly speaking over Trump, fifty four percent of
got a negative view of Trump. He's at minus twenty
nine when you go the negative positive Harris's positive forty
one theory versus reality. Forty four percent were in favor
of forming closer relations with other countries in the region,
including China. In a reaction to the Trump victory, nineteen

(25:40):
percent disagreed, thirty seven percent were unsure, and fifty three
percent of Australians think we should continue or they should
continue to support Ukraine even if the US withdraws its support.
Steve Price, By the way, after eight thirty ten to seven.

Speaker 1 (25:53):
The Mike Hosking Breakfast with Bailey's Real Estate News dogs they'd.

Speaker 2 (25:57):
Be close for reading alum I did over the weekend feature.
Later on the programme. Second best pest of reading came
from a guy called Corey Elpert, who worked for Obama,
worked for Harris, and a sinkhole for grievance. Trump made
the men I grew up feel heard. As a young
white man who grew up in America's rural south, I

(26:18):
understand the people Donald Trump was courting because I'm one
of them. I grew up among a backdrop of the
forever wars in the Middle East, the global financial crisis,
in the opioid crisis. In Trump's case, he was arrested
or he has arrested, a huge portion of the country
with a feeling of anger over hope. Of course it's
a cynical play for power, But in becoming a sinkhole
of grievance, Trump saw the emotion of the day and

(26:38):
rame with it. He identified a huge portion of the
population who felt left behind and were looking to reclaim
a sense of control, and aimed the cannon at the
most vulnerable people daring to make their own decisions, women, migrants,
and queer people. Trump's rise is not really about the
economy of immigration. I thought this was the most interesting point.
Trump's rise is not really about the economy and the immigration.
It's about feeding people the sense that'sware someone has been

(27:01):
unjustly given a better life than you. I'm not sure
I agree wholeheartedly on the economy and the immigration because
they're very real issues, but there is there is a
grievance at play there, he said, with Biden and Harrison
administration for three years five minutes away from seven, Well.

Speaker 1 (27:17):
The is and the else. It's the fizz with business favor.
Take your business productivity to the next level.

Speaker 2 (27:24):
Now I got some good news on food. Grocery prices
are continuing to moderate. So this has DNA from the
infometrics and the food stuff's grocery supply cost index. So
what do we have? Last month there was an average
two percent increase in what the supplier is charged compared
with the year ago. Now two percent you can't argue
with that. So annual increase is the same as September,
which matches the lowest increase in three years. So things

(27:45):
have settled down. I think nicely month on month about
twenty three hundred items increasing costs. Now you are testing
my memory, but at its worst, there were thousands, thousands
and thousands of items that were increasing each and every month.
So twenty three hundred is not the end of the world.
So it's a limited number. That number of increasing items
still higher than what we saw between twenty eighteen twenty

(28:05):
twenty is I'm pointing out to you, still ease and
compared with twenty two to twenty three. However, of the
twenty three hundred and about ten percent increased in price
by at least twenty percent. These are the things we
can't really control. This is the non tradable inflation. Cooking, oils,
Chocolates still a problem. Coco Cocoa is chocolate, so of
Coco's a problem. Chocolates problem is chocolates problem. Cocoa is

(28:25):
a problem. Blah blah blah. Nine, assuming copy prices are
still going up. All that stuff that we can't control
that we're bringing in. It's either climate, it's transport, it's
the war, it's marbo, pick and excuse, we'll find one.
Those are the ones you can't do much about. Biggest
average price increases chilled food's butter. See that's the interesting
thing with the butter. If you still don't understand the

(28:46):
way butter works, is that we are selling stuff to
the world. What I gave you before from from Terra,
some of it's butter. And why it's up. The world
wants the good stuff, and we make the good stuff.
So the world, who have better currencies than we do,
want to pay good money with a better currency. So
of course we end up paying the international price. And
that's why buffer is through the roof. It's good because

(29:06):
it brings in foreign currency, which is what we want.
It's bad because you can't afford butter locally. Seafood's up,
grocery generally is up, bakery is up, frozen foods are up.
Why are you pass and foods? So anyway, that's whe
were at at the supermarket at the moment in a
couple of moments. This protest coming from that, How are

(29:27):
we going to bore ourselves for the whole week? Are
we going to cover this dumb thing every single day
this week? Are we? I think I'm going to put
a ban on this. I think I'll cover it today
and then we're going to flag it anyway, But on
that for.

Speaker 1 (29:35):
You shortly, your trusted source for news and FEUs, the
Mic Hosking Breakfast with Bailey's real Estate, your local experts
across residential, commercial and rural news, togs Head being Ship.

Speaker 2 (29:50):
And Past seven. So this Hickaway from the north to
the Capitol has got the police busy this week. We
think they're expecting I mean they're picking numbers already. They're
making them up as far as they can work out
somewhere between fifteen to twenty thousand people at least major
operations direct the superintendent Kelly Ryan's whether us Kelly, morning morning.
What's the level of engagement and detail between you and
the protest organizers.

Speaker 18 (30:11):
Well, we've had really positive discussions with the hook or
organizers to date, and we're expecting this to be conducted
in a peaceful and lawful manner. That's been a really
positive relationship. So yeah, thinks are looking recently good at
the stage.

Speaker 2 (30:24):
Do you have any idea of the actual numbers of
people and does that depend on your resource and energy
into it.

Speaker 18 (30:33):
Yes, So, look, it's really difficult to tell the numbers
at the moment. We'll look at how sort of how
it comes through Tommackemikoto. I think that'll give us a
really good indication of what we're looking at. But as
you've said, we are planning sort of around that ten
to twenty five thousand, but we'll have a much better
idea in the next few days and in.

Speaker 2 (30:50):
Planning for ten to twenty five, how much resource do
you put in? How many coppers is that involving?

Speaker 18 (30:56):
So we've got police officers from right round sort of
the North Island and each of our districts who will
be deployed to an operation plan and that's about that
safe facilitation through those areas. And as we move down
the country, as we sort of get a better indication
of what we're looking at, we can either scale up
or we can scale back that resource.

Speaker 2 (31:17):
Are people going to be non protest is going to
be inconvenienced? And is that acceptable?

Speaker 12 (31:23):
Yew.

Speaker 18 (31:23):
Look, our message to the public is to expect there
may be some disruptions, particularly as those sort of large
movements come through on highways or main streets, and to
please have patients and bear with us. But you will
see a high police sort of visibility and that will
be about that safe sort of facilitation through those areas.

Speaker 2 (31:43):
Do you have any concerns, particularly once they reach say Parliament,
that things could get a bit edgy or you have
got no idea?

Speaker 13 (31:50):
Okay?

Speaker 18 (31:50):
Our planning is for every eventuality and that's sort of
the importance of planning. Like I said before though at
the commitment we've had from Hakoi letters so far as
that this will be a peaceful HEACOI and there is
the koppappa that they are leading, so that is our expectation.
But we plan for free eventuality good, so appreciate it.

Speaker 2 (32:11):
Kelly Ryan, who's the Superintendent of Police Major Operations Director
nine minutes past seven, tasking we do outlook for our health.
I'm afraid to tell you we currently have three hundred
and twenty four thousand of US with diabetes, mostly type two.
Of course, the new number is going to be the
forecast is five hundred thousand and half a million of
US only five million in the country, for God's sake,
by twenty forty. Numbers have ground by ninety six thousand

(32:32):
in the past three years alone. University of Ottiga indochronologistsajem
Man's with us GYM morning to you.

Speaker 19 (32:38):
Good morning.

Speaker 2 (32:39):
Don't it's like a slow moving train wreck, really, isn't it.

Speaker 19 (32:43):
Well, it's not even slow moving. I mean it's it's
a fairly rapid moving epidemic. I mean it is. It
is an epidemic. We tend to think of epidemic, you know,
we think of COVID, but I mean diabetes that reached
epidemic proportions entirely preventable.

Speaker 2 (32:58):
But I mean, am I correct in saying the beginner's
guide Type one is not the same as type two.
Type two is lifestyle oriented. We can do something about it.
All of this is preventable.

Speaker 19 (33:09):
Yeah, well, I think it's difficult to use a word preventable.
There's no doubt we can prevent a large number of
people who are getting diabetes from not getting diabetes, as
it were, But it's not a typally preventable condition. I mean,
diabetes has been around for a very long time. Type
one and type two have been around. But what has
happened is the I will increase in numbers. Really from

(33:31):
the latter part of the last century, the numbers have
started to escimate.

Speaker 2 (33:35):
Indeed, And why the It's lifestyle, isn't it?

Speaker 19 (33:38):
Oh? Well, absolutely for type two, it is largely a
lifestyle related disease.

Speaker 2 (33:42):
Yeah, and we know that, but we don't seemingly want
to do anything about it. And this has been the
case for years. Where we're fighting a losing battle, aren't we.

Speaker 19 (33:53):
Right now we're fighting a losing battle. But I believe
it is possible to do something about it. One of
the really exciting things that we now know is not
only can you prevent a large number of people who
would otherwise have got diabetes from getting diabetes, but we
can actually get remission of diabetes if people make radical
changes to their lifestyle.

Speaker 2 (34:13):
Yes, indeed, diet canfixate. What about your surgeries and your
zimpas I mean, doesn't that solve all problems?

Speaker 19 (34:21):
No, there's certainly the drugs and barrier cod surgery is
helpful for an awful lot of individuals. It can make
life totally different from them, but it is not going
to do anything for the epidemic of type two diabetes.
For the epidemic of type two diabetes, we've got to
change the environment which is so conducive to this disease.

(34:41):
And as you rightly said, it's a lifestyle change that's required.
We need to move more, we need to eat differently.

Speaker 2 (34:48):
Nice to talk to you, sir, jim Man. I wish
him well with it. I don't think it's going to
change anything because if you know you can avoid diabetes,
why would you end up with diabetes? Knowing that it's
your lifestyle that leads to diabetes and then that is
the crux of the problem, as far as I can
work out. Twelve minutes past seven, speaking of which I
think the Labor Party is going to have to call
Tai Ho on the business of chasing Casey Costello, because

(35:10):
they wanted the Order to General to have a look.
If you've not followed this ice of Viril, and I'll
come to Audrey Ung's written an interesting piece in the
Herald this morning. She's sort of she hasn't ranked them,
but she's highlighting the good bits of the Labor Party,
and having read what is a fairly extensive piece, I
can't work out what good bit she's seeing, but anyway,
I'll come to that specifically in a moment. But one

(35:31):
of the good bits she's seeing is Aisha Viril, who
she argues has been prosecuting reasonably effectively against Casey Costello
on the heaterd tobacco, on the tax on the scandal,
on the paperwork, all of that sort of thing. And
I think she probably has. But all along I can't
work out what actually is the problem both parties. Everyone's
on the same page, and that is we want fewer
people to smoke, and in that broadly speaking, we are winning,

(35:55):
there are fewer and fewer people smoking. How you go
about it, you can argue if you want to waste
your time, but at the end of the day, what's
the result. The result is looking good anyway, So Labour
thinking they're on to something with cases Castello right to
the Order to General and they go have a look,
go on, have a look, have an investigation, have a
look at a have a look at a paperwork. And
the Order to General's written back and said no thanks.
So I think that's probably the end of that. Thirteen past.

Speaker 1 (36:19):
The hike asking Breakfast Fall Show podcast on iHeartRadio powered
by News Talk, said be but.

Speaker 2 (36:25):
The All Blacks game, didn't you? I thought that's two
great games in a row. And as for the Australians
and the English, that was interesting as well. I work
in healthcare, Mike, and you'd be amazed how many people
had no idea about diabetes and what they need to
do to change the outcome. Sadly I wouldn't, but you
make a good point. I think sixteen past seven. Now
we've got issues in the Employment Court, the recalls for
employment advocates to be regulated. They're currently allowed to represent

(36:46):
clients without actually being lawyers law associations. Katherine Stewart's with
us Catherine, Morning to.

Speaker 20 (36:50):
You, Good morning, Mike.

Speaker 2 (36:52):
Has this been bubbling away for a while. Is this
a major issue?

Speaker 20 (36:56):
It's been bubbling away for a long time, Mike, for
about the past two decades. And yes, it's a major
issue because employment law advocates are not regulated, so there's
no requirements for them to have any skills, experience, or qualifications.
So it is a major issue.

Speaker 2 (37:09):
Why would I, if I was in the employment court
bring along somebody who doesn't know what they're doing. What
would be the point of that.

Speaker 20 (37:16):
Well, a lot of the time, to be fair, Mike,
people don't actually realize the distinction between advocates and lawyers.
So lay people might, for example, google employment law expert
or employment law specialist and these names come up, and
they understandably think that they're dealing with lawyers. And that
has been an issue of confusion for a long time,
which is a consumer protection angle. So people might not understand.

Speaker 2 (37:41):
Badly, yourself is not a lawyer or something like you
realize I'm not a lawyer, I am whatever or not.

Speaker 20 (37:46):
There's no such requirement, no, So this leads to a
lot of misunderstanding in the public and a lot of confusion,
and it adds to a lot of distress that we
see by clients who sometimes other lawyers pick up the
files and class are confused and upset in distress. So
it's very unfortunate because people are often in vulnerable situations
to start with and feeling anxious, and this adds to

(38:09):
their distress.

Speaker 2 (38:10):
So that's one issue.

Speaker 20 (38:12):
Look, look, I'm not going to say none of them
are any good, no, but some of them are highly problematic.
I'm not going to tar all advocates with one brush.
Some of them are behaving completely appropriately, but there are
enough of enough of them who aren't to make this
a very real problem. And as we've seen from the
latest case, the employment court described the advocates behavior as

(38:35):
unprofessional and abusive. And this is the tip of the iceberg.

Speaker 2 (38:39):
Marc, how much if I ended up in court, how
much of it's about the law as opposed to the
nuance and subtlety and the emotion of the circumstances in
which I have found myself.

Speaker 20 (38:53):
Well, it's largely about the law, and it's also about
the processes that you know how to. So in court
there are quite formal protocols, and you need to be
aware of procedures like discovery or intelocatory applications, or evidence
or cross examination. So if you're represented by someone who

(39:14):
isn't aware of all of those things and doesn't have
the skills, then you know you are certainly on the
back foot. I would say, if you don't have a
lawyer who understands all those things, and there can be
a lot of harm done. So yes, so I would
certainly advocate strongly for the fact that that lawyers have
those knowledge, you know, that knowledge and experience, and people
who represent them without that knowledge and experience would be

(39:37):
at a disadvantage.

Speaker 2 (39:38):
Exactly. All right, Catherine, appreciate your inside Kasmin Stewart, the
Law Association's Employment Law Committee convenient. Our own Sammy is
in court today. We try to keep it out of
the news, but I think it's gone public. And so
he's been called up for jury duty and so he's
going down there today to see if he can get selected,

(39:58):
and he's put on his very best I mean, it's Gaberdine,
isn't it, Glynn, his very best Gaberdeine suit ebd see sucker, Yeah,
it's well, you sir, his mum has made him some
sandwiches just in case it takes a little bit of time.
So he's got as nice to see the socks yet. Yeah,
I know, if ever you want to draw attention to yourself,
don't wear socks like that. But he's got some nice

(40:21):
draw attention to myself socks. And he's got a sandwiches
from his mum, and he's got his Gaberdine suit from
his made to measure Malaysian suit at nineteen dollars ninety
seven cents when he got on holiday and he's off
to join the circus the day at jury duty. Seven twenty.

Speaker 1 (40:36):
The Mike Hosking Breakfast Full Show podcast on iHeartRadio car
it by News Talk Zippy.

Speaker 2 (40:42):
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(41:25):
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dot NZ. Oh eight hundred triple nine three or nine
twenty percent off from about Health pasking twenty four. I'm
trying to work out what the weirder of the reactions

(41:46):
to the Trump winners, the sheer meltdown of the losing side,
or at least some of their flaky members. Anyway, social
media is an absolute cesspool at the moment of tiary
nut jobs unable to handle life. I mean, we all
we all lose, we all back the wrong side in sport,
in politics, sometimes in life, but most of us put
perspective on it and get on with it basically. Or

(42:08):
if it isn't that reaction, what about the endless obsession
driven unfortunately by the media who were asking the same
series of dumb questions they did last time around, made
even more dumb this time around because we have allready
been here. A Trump presidency is not unprecedented, it's not
new territory. And the advantage of being here again is

(42:28):
we should have learned the answer the first time. J
Powell fed Chair Friday, what will you do if Trump
tries to sack you? Been there? Asked it last time,
got the answer last time. He can't do it. The
law doesn't allow it. For all the questions around what
a Trump presidency means, have a look at the years
twenty sixteen through twenty twenty and the answers are there, tariffs, China, Russia,

(42:53):
the Middle East, the Wall, the border, the illegals. We've
been here before. Trump last time was shambolic, a lot
of sackings, a lot of comings and goings. Most likely
it'll be the same again. He continued to say a
lot of random stuff that will be the same as time.
The media took it all literally, so exasperated his perceived
weirdness among those who didn't like him, hence their confusion

(43:15):
when he came back and won again. Sadly, the media
is not changed in the assuming period. By and large,
they hate him. By and large, they take him literally.
By and large, they want to make him out to
be more ogu risque than he actually is, or indeed
ever was. He didn't build a wall that Mexico paid for.
He won't this time. He will do a portion of
what he said he would do. He will broadly be

(43:36):
good for the economy, not so good for the rest
of the world. He may or may not build a
base for Varnce and Co. To carry on in twenty
twenty eight. He will be omnipresent. He will serve us
four years and the world will not stop turning. We
have been here. You might not like it. If you don't,
that's a sign he didn't like it last time. He
will not be great. He will not be a disaster.
Stop asking dumb questions. Asking Mark Mitchell wanted to be

(44:01):
on the program before run seven thirty, but he said
he couldn't because he had to do his push ups
this morning, which is interesting. He does thirty a day.
If you missed his reference the other week. It's the
only exercise he does because he's a busy man up
and down the country. He was on the West coast.
You noticed in morning to the West coast as I
hope you run your cleanup's going to go well. And
too much rain. Too much rain and a miserable weekend,

(44:22):
especially when the rest of the country had so much warm,
fine and beautiful weather. Anyway, Mayo clinic on the push
up front really interesting. They've got new numbers here. Push
ups are a very good indicator on broad based general
health because push ups engage a whole bunch of stuff
your full body, legs, zabs, shoulders, backs, arms, on age.
If you're twenty five, you should be able to do

(44:43):
twenty push ups. If you're a female, twenty eight of
you're a male. By the time you get to forty five,
it's down to fourteen for women, sixteen for men, which
is not that many. By the time you're fifty five,
it's ten for women, twelve for men. By the time
you're sixty five it's ten each. You can't do ten.
Go on to get down, down, down and do it.
You tell me how any you've done after the news anyway.

(45:03):
The aforementioned Mark Mitchell is next to her at news Talk
seed B.

Speaker 1 (45:08):
Setting the news agenda and digging into the issues as
the Mic Hosking Breakfast with Alfeta Retirement, Communities, Life Your Way,
News Talks head B.

Speaker 2 (45:18):
Twenty five years ago, I asked a fit, active eighty
year old how he managed to stay in great physical shape.
He told me the thirty thirty thirty secret. Every morning
thirty push ups, thirty set ups, thirty squats. Squats are
phenomenally good for you in terms of your overall heart health.
I read has directly related to your thigh strength, and

(45:39):
squats are particularly good for your thigh strength. Speaks of
what Liam Lawson, by the way, is on a podcast
look At Up Red Flags. He reckons McLaren should mark
their race wins. When you win a race in F one,
they play the national anthem, and he reckons they should
be playing the New Zealand national anthem because McLaren's a
New Zealand team, so Red Bull played the Austrian national anthem.

(45:59):
Are teams based in the UK. McLaren's based in the UK,
of course, but it's a New Zealand team, so he argues.
But then again it's owned by a whole bunch of people,
none of whom in New Zealand. Of course, it's just
the anyway, he might have caused himself a little bit
of exciting to upset with Bose comments. We'll see how
it goes a couple of weeks away till Vegas, good

(46:19):
to Steiner. By the way, whin's he on the program?
Is he on tomorrow or the next day or the
next week? Going to Steiner next week? If you're into
an IF one and sport commentary box after eight with
Andrew Seviill and Guy he Felt twenty two to eight
Bank to this protest which may or may not turn
out to be a thing this week. They're expecting as
many as twenty thousand, but who wouldn't they. Police Minister

(46:40):
Marc Mitchell's will us good morning. What's your sense of
this protest? Is it just nine days worth of wandering
down the North Island or are we in for something
bigger and more alarming?

Speaker 21 (46:51):
Well it's hard to tell, but you know police have
been working with the organizers. Neil Well in advance and
is a commitment by the end that it's going to
be a peaceful Hikoy and beauty dops is that people
have got the right to come out and participate in
peaceful protest.

Speaker 2 (47:08):
What's the rule around us in terms of their right
to protest versus everybody else's right to get on with
their day and not be held up.

Speaker 21 (47:16):
Yeah, that's a really good question. I mean, depending on
the numbers that joined the hakkoy and maybe some disruption
around traffic flying things like that, but fundamentally the police
have been very care with the Hackley organizers that if
there are breach to the peace, if there is any
sort of laws that have been broken, if law a body,
members of the public having their rights trampled over, then

(47:38):
you know the police will take each of that.

Speaker 2 (47:39):
What's the sense from the police is there a lot
of you know, genuine anger in this that could explode
or we don't know.

Speaker 21 (47:48):
No, not at this state of the They're working very
close and got a very good, strong working relationship with
the Hikoy organizers and the Hackay organizers have taken it seriously.
They've hired a traffic management company to help with to
manage that they have as recently as this morning, I
was hearing them saying they committed to a peaceful protest,

(48:08):
and my expectations is that they you know, it's a
big responsibility bring let many people out into a public
space and they should be focused on the safety of
the protest as the safety of police officers and the
safety of the public.

Speaker 2 (48:20):
How much resource, by way of an issue is there
from the police and what won't they be doing Because
they're doing this.

Speaker 21 (48:28):
They'll put the necessary resource into it, so there's obviously
a cent controls and to monitor it, and I from
what I understand, have the ability to be able to
surge additional stuff and if they're.

Speaker 2 (48:39):
Required, okay, And when they get to Parliament, does that
potentially become a problem.

Speaker 21 (48:46):
I don't think it will be. But you know, of
course the police have done the planning around all contingencies.
But no, I don't think it will be a problem.
I think that they'll arrive at Parliament, they'll want to
have obviously there'll be some speeches delivered in some but look,
like I said, the organizers are fully committed to a
peaceful before.

Speaker 2 (49:05):
Have you had a word with David Seymour, because of
course you're in charge of this, and this is something
that's going to die at the first round anyway. So
it's the weirdest thing in the world, doesn't it. Whether
you agree with this or not, it's dying at round one. Therefore,
the whole thing's a waste of time. Therefore, there's a
lot of energy going into something that's going nowhere.

Speaker 21 (49:21):
Have I supponing to David seymore about that? No, I haven't.
I haven't heard discussion with David A. You're talking about
the Treaties principles.

Speaker 2 (49:26):
Well, I mean, yeah, the reason the reason they're marching
is the Treaty Principal's Bill. The Treaty Principal's Bill is
going off dated Thursdays, going off to the selectrimitty. He's
going to die from there because you haven't got the support.
So they're marching for no particular reason. They're marching for
something it isn't going to happen.

Speaker 21 (49:40):
Well, yes, so it's just it's strictly related to the
Treaties principle the Yes, you're right, it's not going any
further than that sleek twitty process.

Speaker 1 (49:49):
Yeah.

Speaker 2 (49:49):
Well, I've got your headline over the weekend the number
of youth offenders is dropping no one knows why is
that true?

Speaker 21 (49:57):
I agree that well. I mean, I obviously we're very
focused on reducing especially violent recidibus youth defendant and we've
already put some things in place. We've got our Youth
Military Academy, which is working very well. Certainly there's the
serious violent recidivis defenders are going into youth justice facilities

(50:18):
and they're coming off the streets, so that will help
with some reduction. But look that we're certainly not We
know that there's still a lot more work to do,
but there are some early promising signs that we're moving
in the right direction.

Speaker 2 (50:31):
Good to hear it. Appreciate it, Mark Mitchell, Policemanister Mike Wire.
The Murray protest allowed to walk over the Harbor Bridge
and shut the bridge down. They're not shutting the bridge down.
Calm down. The reference I make to recidibus defenders young
recidibus defenders. Surely the question is and no one knows why.
Surely the question is, it's a crackdown from the police
and they're being stuck away, and when they're stuck away,

(50:51):
they're not committing more crime. The government is already a
quarter of the way towards their target with five years
to go to achieve. It could lead to an even
bigger drop in the number offensers because those at the
serious end of the spectrum committed a disproportionate amount of crime.
So it's feeding into itself. So you nab the little punk,
you put them away, and while they're put away, they're
not doing the crime, so it all works out well.
Speaking of which, seventeen minutes away from eight. But we're

(51:13):
lasking the number of people in prison ten thousands, crack
ten thousand for the first time in four years. Something
we should celebrate. I mean, we shouldn't celebrate it. We
don't want people in prison because we don't want people
breaking the law, but accepting that people do break the law.
What we don't want is what we had in the
previous government where they let them all out. Recent increase
in prisoners reflect some more conservative approach. Is that what
they're calling it is it got to the lowest point

(51:35):
of seven and a half thousand. See this is where
they were think about this. So you've got ten thousand
people as of this morning in prison. Right when Andrew
Little and co. Were in charge, he had seven and
a half thousand. That's two and a half thousand people.
Where were they They're wandering around your place? Weren't they
two and a half thousand people out in the community.
Whether they wearing an ankle bracelet or not didn't really matter.

(51:56):
But when you've got that many people out in the community,
what you reckon's going to happen to the crime rate?
Seventeen to two the.

Speaker 1 (52:04):
Vic Asking Breakfast Full Show podcast on iHeartRadio now ad
By News Talks.

Speaker 2 (52:09):
It'd be Yeah, a tremendous number of people texting in
this morning saying, hey, what do these people do for
a living? And on the protest and they're using up. Hey, look,
I don't know whether they're employed or not. I'm assuming
lots of them marn't. And so there, you know, people
don't know the bit to do with the time. Some
of them will be self employed. I guess I don't know.
Mike Thoughts on Audrey Young's top ten opposition MP's few

(52:30):
wild Cards and there would hate to see eleven through twenty.
It's interesting you to say that. And I don't want
to criticize Audrey because everyone loves Audrey because of their experience, experience,
acumen and institutional knowledge. But in the piece, and you
should read this morning, it's in the Herald, Labour Green
to party, Murray and peace making an impact in opposition
as always, it's debatable as to what level of impact

(52:51):
you think they're making, and that's why we had these debates.
But she doesn't specifically outline what is his she thinks
of these people in order she rank them. They just
turn up in an order, at the order I'm assuming,
and she's identified ten of the best, ten of the best,
so I don't know if that means one through ten.
We've not counted the party leaders or deputies. I don't

(53:14):
know why a ship. Maybe that's for an article another day.
Asha Beryl is seemingly coming in first. She's been effective,
an effective attack dog, although perhaps should focus more on
the main minister. I would tend to agree with that.
She's been after Casey Costello, as I mentioned earlier on
the tobacco and to my eyes, failed miserably. She has
got plenty of headlines. She has forced Costello to apologize

(53:37):
a couple of times, but that's basically inexperienced. Casey Costello,
in my view, has done nothing wrong, so therefore it's
just been a bit of back and forth. Second on
the list as Ginny Anderson. I think that will surprise
many A listeners to the Mike Hosking Breakfast has been
less successful against Mark Mitchell so far, but prosecutes her
portfolio with energy. On that, I would agree one of

(53:57):
a Labour's best attack dogs, Karen macinnulty making a Markus
shadow leader of the House. That's true behind the scenes,
as running the party's house strategy, that is true as well.
Whether your average punter would see that at all unless
you watch question line like losers like me. Then she
comes to Steve Abel. Now you won't know who Steve

(54:18):
Abel is, And if I hadn't been looking at question time,
I wouldn't know who Steve abel is either. But he's
a green. He engages easily in cross party work. That's
the best that Audrey appears to be able to say
about him. So I'm looking at Steve Abel engages easily
in cross party work. I'm not sure that's a I mean,
what's that C plus at best? Willie Jackson Labour's resistance

(54:40):
to what is seen as an all out assault on
Marie policy walking the line and this is a very
good point she makes, and this is why we like
her institutional knowledge, walking the line between slamming the government's
onslaught and not a line in label with the more
extreme positions of to Party Murray. And this is my
ongoing question, this is the question. It's going to haunt
them in twenty twenty six. What are you going to
do as a main stream party if you need the

(55:01):
Mallory Party and they're all crazy out there. Arena Williams
making a mark in the House in her second term?
Is she see I would completely disagree with that. I
see her sitting there twilling a hare and that's not
a sexist comment. She literally twills her hair. She's a
hair twiller and that's what I see her doing. She
asks very few questions in the House. Maybe she's involved
in debates that I don't see Willow jen Prime. She's

(55:23):
had a good go at Karenshaw, particularly over seven Double
a Oranger to Mariki. Karen Shaw has been in the
opposition sites in a major, major way, and I suppose
you can argue will the Jen crime has been doing that.
Then she comes to Duncan Webb after a brief and
undistinguished stint as a minister damned with faint praise. Webb

(55:43):
has been invigorated in opposition has he and is playing
a more active role in the house. Will I've not
seen it. Audrey's got a microscope out. Imagine reading that
waking up on a Monday morning after a brief and
undistinguished stint as a minister. And finally she comes to Barbara,
who I would have thought was more near the top
because she's she's an energized, energizer, bunny playing the long game,

(56:06):
difficult job, lending blows with Nikola Will or something that's
probably true. But anyway, you can read it all and
find a detail this morning if you, if you so wish,
line away from it.

Speaker 1 (56:15):
Called the Mike Cosby break bit with a Veda retirement
community News togs Head.

Speaker 2 (56:20):
Be a way from I got a novel Private members
bill pulled from the old famed biscuit And this is
the Copyright, Parody and Satire Amendment Bill. It aims to
protect comedians, critics and artists when poking fun without breaking
the law. Now the Green Empa Kai Kata is with
us on this good morning to.

Speaker 22 (56:35):
You, Oh good morning mate.

Speaker 2 (56:37):
Where did this come from?

Speaker 16 (56:39):
Oh?

Speaker 22 (56:40):
Well, this is actually a bill that has been around
the Greens for a while. We did have Green MPI
Garecu's headed as a members bill back in two fifteen,
twenty fifteen, and so there's quite a long legacy of
this on the Greens. And before becoming an MP, is
actually an actor, and so my median friends would talk

(57:01):
about how out of date this this satire and parody
law was and how stiffing it was. So I was
really excited to have it in the in the ballot,
and then even more excited to have a.

Speaker 2 (57:14):
Pool next problem, do you have the numbers?

Speaker 22 (57:18):
Well, I do think that members bill should be something
that you know, make a difference for people, but also
can get that that support across the House. And we've
seen that with my colleague Tiano toyonas someone Citizenhip Citizenship bill,
and yeah, so I'm pretty excited. And I know that

(57:41):
Simon Brown actually did have a member's bill similar to
this a while back. So I do think it is
a bill that we are going to get support across
the House.

Speaker 2 (57:50):
For you know, yeah, is it jurisdictionally challenging given if
you were feend somebody across the line or a perceived
line that'll be global potentially, whereas the laws can only
be passed in this country.

Speaker 22 (58:04):
That is an interesting part and that's why I'm really
excited about actually getting this burd to Select Committee stage.
And that's like we are coming into line with Australia
in America and other countries that are similar to us.
So we want to make this for New Zealand and
something that really suits our context. So I'm looking forward

(58:27):
to the Silic Committee stage.

Speaker 2 (58:29):
All right, let's see where it goes, and we'll stay
in touch on a Carhannger carta Green MP and at
this early stage not on Audrey Young's list of opposition MPs.
But maybe Audrey was listening to that, thinking, hold on,
I missed a trick there sport over the weekend. What
did I say? I said, England Australia. Good looking game,
a lot of points, like a game with a lot

(58:50):
of points, all blacks, Ireland not a lot of points.
Thank God for Damien Christie. And we haven't been saying
that a lot lately, have we. How far can he
kick from? Huh? What do I call him? Damien McKenzie?
Who's Damien Christie? Then making names?

Speaker 23 (59:06):
Getting are you getting your half backs and your and
your first five is mixed up then.

Speaker 2 (59:09):
Could be anyway. He's a good kicker. Kick for Miles
when it hit the post unlucky anyway, that was a
good game as well, So some good rugby has been
played in that particular part of the world. So we'll
talk with Guy sebl and Andrew Hervelt after the News,
which is next.

Speaker 1 (59:27):
You're Trusted Home the News for Entertainments, Opinion and Mike
Mike Hosking Breakfast with the range Rover. The la designed
to intrigue and use togs dead be sprung room.

Speaker 3 (59:41):
It is.

Speaker 15 (59:44):
Rum My statement friend for.

Speaker 11 (59:49):
The world number one all Blacks and Irish fitsing It
twenty three thirteen, a landmark for guin, historic.

Speaker 20 (01:00:01):
First in Cardiff.

Speaker 13 (01:00:04):
And a result that plunges Welsh rugby into frost dates.

Speaker 2 (01:00:10):
It's gott straight up.

Speaker 12 (01:00:11):
It's the Capers asked to me and he does it
and so of.

Speaker 2 (01:00:16):
The black Cats. They've leveled the series.

Speaker 24 (01:00:19):
Full time at Murrayfield's.

Speaker 8 (01:00:23):
Scotland fifteen, South Africa thirty two.

Speaker 1 (01:00:27):
The Monday Morning Commentary barks on the Mike Hosking Breakfast
with Spears Finance supporting Kiwi businesses with finance solutions for
over fifty years as.

Speaker 2 (01:00:36):
A turbogun have beelt good morning, Good morning, Mike. The
travel log from Melbourne. The experience of Melbourne.

Speaker 12 (01:00:43):
Cup day, it was awesome, It was so good. I
love Melbourne as the city anyway. And then to go
to the Melbourne Cup ninety one thousands, a very very
good race, amazing facilities at Flemington, it was all love
for a second of it.

Speaker 2 (01:01:01):
Did you have your money on Sheila's horse?

Speaker 12 (01:01:04):
Sadly not, No, I didn't, and I don't know if
many people did. Well done to you if you did
back there, but what a cool story. Obviously winning training
the winner in the serial whenever that was two thousand
two and one, I think it was two thousand and one,
and then to do it again, Yeah, great story. And
the jockey Robbie Dolan as well. I'm not sure if

(01:01:24):
you've caught up on Yeah, phenomenal. And then had a
sing along with Road and Keating a couple of days
later or the day after it at a lunch in
Melbourne as well. So he said closely.

Speaker 24 (01:01:39):
Did you get the deposit back on the higher suit?

Speaker 19 (01:01:41):
Yeah?

Speaker 2 (01:01:42):
Good question.

Speaker 12 (01:01:45):
It is my own suit. Andrew may have been tailored
slightly to fit my smaller figure, but yeah, my own suite.

Speaker 24 (01:01:55):
The key question is are you going to Cup Day,
the real Cup Day tomorrow in christ Church to be
back amongst the bosom of your family or orders one
does one only do the thoroughbreds these days?

Speaker 12 (01:02:08):
Sadly, I'm not going. I am working but from Auckland.

Speaker 24 (01:02:12):
That makes a change.

Speaker 12 (01:02:15):
But no, I love Cup Day down in christ Church.
It's always.

Speaker 2 (01:02:20):
Had a fun stat and I don't know if it's
still true because the last time I checked in was
six or seven years ago. But it's never rained, literally,
it's never rained on Cup Day.

Speaker 12 (01:02:29):
It seems right. I do always watch it, and I
do always seem to think that it is always a
nice day.

Speaker 24 (01:02:35):
Yeah, yeah, it's generally. But when we were growing up
my court, especially on the eastern side of town, where
you know, the weather was always.

Speaker 2 (01:02:47):
Came and found new brighton over the Cup week was
always thinking hot, wasn't it? Yes it was? And show
day and yeah, show day is nothing like it. Those
those were the days. Because it's a show day is
not well it used to be, Sadly, I said, thoroughly
enjoyed the All Blacks Island to the extent. There weren't
enough points and it wasn't like England Australia. But at

(01:03:09):
no point did we look like we were going to
lose the match.

Speaker 24 (01:03:11):
To my eye, yeah I don't think so of it.
I'd agree, Look, Test matches don't have to have a
barrows of points, so it was a riveting watch. I
think the All Blacks deserve a big pat on the
back for just calming their play down. They didn't blink
early on when the Irish were absolutely smashing them through
the breakdown. They stuck to their guns when they moved

(01:03:33):
the ball around and when it was broken play, you
just knew there was something going to happen. The Irish
looked half a step off. It was their first Test
match back together, but also the pressure put on them
by the All Blacks. They looked gassed on the first half.
And yes it was tight early in the second half,
but I'd agree that the All Blacks always seem to
have them at arm's length and that will do a

(01:03:55):
lot for morale or a lot for confidence in this team.
And I think before the tour we said, look, because
they win two out of these big three games, that
will be as Now I go to Paris and that
year they're likely to beat France, which is they do
worry I think also I think also look, there's been
a lot of change in this team this year. Obviously
there's a lot of the new coaches coming in, the

(01:04:16):
new management coming in. I think everybody might have just
calmed down a little bit. The team appears to not
be being over coached. Maybe Wayne Smith had something to
do with that when he came into the team ahead
of that Wellington Test, but it just seems as though
the dust has settled a little bit more.

Speaker 2 (01:04:32):
What's it say, guy about Welsh rugby that you get
tipped up by the Fijians.

Speaker 12 (01:04:38):
Yeah, and not only that, excuse me, but lose ten
on the bounce as well. That can't be a good
sign for Warren Gatland, who's obviously a Welsh coach at
the moment. Yeah, I didn't see the game, but my word,
that is not a good string of results. And as
you say, when you lose to FIGI with all due
respect to CG and Cardiff particularly exactly, that is the bit.

(01:05:00):
I think that is the big concerning thing for them.
I don't know really where it leaves them. I mean,
at least it's not that close to a World Cup.
That's probably the only silver lining out of all.

Speaker 2 (01:05:11):
But what about what does it say about England? So
we beat England, not by a lot, but that was
a good game. But Australia goes and beat them. Does
that make Australia good or England and O they?

Speaker 24 (01:05:21):
I think the long look, I was surprised last week
and a little bit hacked off at some of the
comments coming out of Australia about Joe Schmidt. People laying
into I think the Maud Schmidt and Mike cron are
with this Wallaby's team, the better they are going to get.
This young kid who came across some league I thought
was outstanding. They've spent a lot of money on I mean,
you can see why, but I think this has been

(01:05:43):
bubbling along. You know, they pushed the All Blacks twice,
they almost beat them twice, so I think this has
got Schmidt's hands all over it.

Speaker 2 (01:05:51):
All right, brief break more in the moment. Andrew Sevill
guy have helped thirteen past the.

Speaker 1 (01:05:55):
Mike Husking Breakfast Full Show podcast.

Speaker 2 (01:05:58):
I had Radio Talks Talks it be sixteen past eight.

Speaker 1 (01:06:03):
The Monday Morning Commentary Box on the Mike Husking breakfast
with Spears Finance, supporting Kiwi businesses with finance solutions for
over fifty years.

Speaker 2 (01:06:11):
I'll say, I'm not really interested in the Sri Lankan
Tea twenty thing that's going on. You know, post the
White Ferns in the victory, that's a tournament and success,
you the World champ Our win in India. You know
that it's all big stuff. And then a bunch of
sort of a second to your side goes to Sri
Lanka and we yeah, it's kind of it doesn't feel good.

Speaker 12 (01:06:28):
Yeah, a good result this morning, particularly defending a score
like one hundred and eight and Lackie Ferguson getting a
hat trick and Mitch Hay will say he's a guy
to keep your eye on. He'll be a very very
good player for the black Caps. Took five catches I
think in amping in a stumping in the game this morning.
But I completely agree. And this has been the problem

(01:06:48):
with cricket now for quite a while is that you
have an amazing series like the Test series win over
India and as you mentioned, the White Ferns World Cup
when but then particularly the black Cats then have to
go and play a fairly meaningless T twenty series in
vitral Anka that no one has huge interest in, and

(01:07:11):
I just feel like it dilutes the importance of cricket overall.
There is so much meaningless cricket I think, and I
will say that someone like Keith Mills, who is the
boss of the International Cricketers Association, has been trying for
so long to work with bodies around cricketing bodies around
the world to try and beta system to get more

(01:07:35):
meaningful cricket, and it just hasn't worked. Whatever he's been trying,
they just aren't willing to budge, which is a real
shame for everyone.

Speaker 24 (01:07:41):
I think the intrigue for me, Mike, is seeing that
this next crop of cricket is coming through. That's the
interest that I have, and it is to see if
these younger kids can can foot it at international r
T twenties are hit and miss, right, but just having
a look at some of this talent coming through. We're
all waiting, of course, for just a few weeks for
the England Test Series to begin. That should be a humbtingner.

Speaker 2 (01:08:02):
I hope so Izzy and Maddie came and saw me
from the white ferns on Friday, and they brought in
the World Cup trophy, which is which is interesting. It's
quite a good looking trophy but broken and it's broken, yeah,
and so well because I didn't want to get into
it with them, because I'm I'm interested in metals, and

(01:08:22):
this is made Most the good trophies are made of silver.
Their their solid silver, or indeed, if you go to
the World Cup, it's something completely different in the football.
But this was made of what I think is just
basic cheap metal and it's shaped nicely. It's a sort
of a modern trophy. But the middle bit was wobbly
and they were tasked with wandering around with it not

(01:08:45):
dropping it, and they said, don't drop it. No, it's
supposed to have a glove and I said, I don't
wear gloves. I'm not Michael Jackson. So they had the
glove thing, and so so the World It's just an insight.

Speaker 24 (01:08:55):
The World Cup, so you get you gave the chimp
back to the.

Speaker 2 (01:09:00):
Said I'm not wearing clubs. I mean there was the
time they brought the Melbourne Cup in and I had
to wear gloves for that, and then somebody was at
the World Cup. The Football World Cup I've handled as well,
although I think that was in a case and they
couldn't take it out of the case. I can't remember.

Speaker 12 (01:09:18):
You probably have to one for the America's Cup as well.

Speaker 2 (01:09:21):
Yeah, I think I had to wear gloves for the
America's Cup. But anyway, they were very nice. But just
I thought, what a burden. You go and win the
World Cup and then you're stuck with the broken cup
and you got to sort of wheel it around the
place and go, look, don't drop it, and can you
put this?

Speaker 24 (01:09:34):
You know what a birden having to crack conversation with
you in a studio exactly.

Speaker 2 (01:09:38):
Well, it actually worked out well because I told.

Speaker 24 (01:09:40):
What I'm into meddles.

Speaker 2 (01:09:43):
Don't you like metals? You know, just the understanding of
them and where they come from and the precious metals
and you know all that sort of stuff.

Speaker 24 (01:09:50):
Palladium And you're still wear your goal change from the seventies,
e A big mustache and the gold chains from.

Speaker 2 (01:10:02):
The Dennis Lily days, the old buttons, I'm down down
to the chest, get a couple of gold chains running
as you come in from the boundary. Those were the days.
Quick question probably for you guy, you'd be better at
This is Mitchell setting the best looking current cricketer.

Speaker 12 (01:10:19):
Why would I? Why would I be?

Speaker 2 (01:10:22):
I don't know, just interesting. I was watching him over
the weekend. I thought, geez, he's a good looking guy,
isn't he. I mean, we'll agree he's good looking guy, don't.

Speaker 12 (01:10:29):
We He's a fine looking gentleman.

Speaker 2 (01:10:34):
Next question for you, guy, I might be able to
answer this as well.

Speaker 24 (01:10:37):
He's quite dead pan. I don't know what he'd be
like in a date.

Speaker 12 (01:10:40):
He's actually a very very quite a funny guy.

Speaker 2 (01:10:42):
Is dry and dry and good looking. That's a catch,
isn't it?

Speaker 12 (01:10:52):
Should I?

Speaker 24 (01:10:53):
I'd like yourself. You're ugly but very.

Speaker 2 (01:11:00):
Yeah, not much on the eye, but wildly entertaining. I
hear what you're saying, Should I?

Speaker 3 (01:11:06):
Guy?

Speaker 2 (01:11:06):
Should I invest in a horse?

Speaker 12 (01:11:09):
Yeah?

Speaker 2 (01:11:10):
Because I read the other day and I featured these
stats on the program. There's three hundred and fifty four
thousand Australians invested in a horse right and there are
There's a million dollar race once every three and a
half days in Australia and as an owner you get
eighty percent of the prize money split obviously between you
know how many owners and stuff there are. But that's why,

(01:11:31):
apparently it's it's the thing. This is why as an investment,
it's got good returns potentially.

Speaker 12 (01:11:37):
Shall we here's an idea shall we all get into.
Shall we all take a share in the same horse
and the bike, hosting breakfast in the commentary box and
we can follow its progress as we go. The the
prize money here in New Zealand has gone up as well,
and they race farly frequently. I'll look into it and
I'll try and find up on a come.

Speaker 2 (01:11:58):
Back next week.

Speaker 24 (01:11:59):
And who's and to save some money? Will it be
you or Mike the rides of the horse?

Speaker 12 (01:12:06):
I definitely won't be you.

Speaker 2 (01:12:09):
Nice to see you guys, are information please next week?
Andrew Sevill guy who held Day twenty two.

Speaker 1 (01:12:15):
The make Costly with the Range Rover The LA News todsb.

Speaker 2 (01:12:20):
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you stay away from those dirty trots. Good advice. I

(01:13:25):
invested in one of New Zealand's best horses last year.
Mike brought it for one hundred and forty thousand dollars
sold half of it for seven figures. It's a good investment, Mike.
They handled the America's Cup. Of course, no netball fast
five mentioned today? Is fast five even a thing? I mean, honestly,
come on, We've got to stop inventing sports and putting
them on television for no good reason and then thinking

(01:13:45):
that we'll be discussed on the radio on the Monday.

Speaker 23 (01:13:47):
Like snooker and darts.

Speaker 2 (01:13:48):
You mean, like snooker and darts, very similar to snookron
darts actually, although snooker and darts have got a bit
of history to them. Fast five nitball, I mean, how fast?
How far back does fast five nitball go? Two thousand
and what? Nineteen twenty one? Mike, they handled the America's
Cup with gloves and then the paray champagne all over
at Classic. That's true, Matt Henry, Mike, mister Darcy all day,

(01:14:08):
is he? Matt Henry, Mister Darcy is he?

Speaker 23 (01:14:11):
They've been playing fast five since twenty twelve, By the way.

Speaker 2 (01:14:13):
Twenty twelve, they've been playing billions since seventeen thirty two.
News for you in a couple of moments, then we'll
cross the Tasman and catch up with Steve Price this
Monday morning here at News Talks.

Speaker 1 (01:14:24):
There the newsmakers and the personalities the big names talk to,
like my costing, breakfast with Bailey's real Estate, your local
experts across residential, commercial and rural News Talks head be Whinston.

Speaker 2 (01:14:39):
Peter's making some headlines across the Tasman. We'll talk about
that in a couple of moments. By the way, banking
springing across the Tasman A and ZI this came out Friday,
so it doesn't get the sort of coverage it deserves
given out fascination with banking and profits and all that
sort of stuff. Anyway, A in ZID Australia six point
seven billion dollar cash profit increased the number of customers
they saw seeking hardship there margin's one point five to seven.

(01:15:01):
That's relevant because I'll come back to our margin in
a moment. But they talk of the intense competition biting
in the Australian banking market. A and Z here cash
profit up a smidge to two point two to eight
six billions, so they're still doing very nicely. Thank you.
Banks are a reflection they said of the economies they
operate in. So that's the defense of the way they're
playing the game. Reduce total credit and payment provisions down

(01:15:23):
to forty four million, down from one thirty nine. So,
in other words, the people who are having trouble diminishing,
which is a very good sign. Revenue is up a
little bit, and home lending is up four percent. Customer
deposits wore up three percent. So the debate continues as
to where the two point three billion dollars for a
bank in this country is fair because it's a competitive world,

(01:15:43):
or else their run or their milking proceedings. Twenty ten
minutes away from nine.

Speaker 15 (01:15:48):
International correspondence with Enzen Eye Insurance Peace of Mind for
New Zealand Business past three.

Speaker 2 (01:15:54):
Good morning to you. I read the numbers out earlier
on in the program this poll. At one point, a
level of panic has to be starting to set it in,
doesn't it.

Speaker 8 (01:16:05):
Yeah, you talk of the News pub of course in
the Australia, which is probably the most reliable poll in Australia.
Let's start with the sort of normal stuff and then
we'll get onto Anthony alb and Easy, which is where
the word panic might be starting to come. Primary vote
coalitions at forty percent haven't been there since twenty twenty two,
so that's pretty good work from an opposition that was

(01:16:26):
considered at the election of Anthony now but easy is
to be gone for all money. They're up to points
two party preferred it since at fifty one forty nine.
That would mean and I know this all gets very
complicated with our preferences and stuff, that would still mean
a Labor government would probably win an election, although it
would be likely to be a minority Labor government, so

(01:16:49):
they'd have to rely on some of those independent tills
if they get re elected. One of the really good
bits of news in mister Greens is continuing to go backwards.
They lost a seat, as you know in Queensland, a
HI one now in the state election. They're going backwards
in this newsport. But these are the numbers that are
going to worry Anthony Albanesi. And this is on personal
popularity preferred Prime Minister. If you go back to the

(01:17:11):
beginning of this year, it was around about Anthony Alberzi
forty five Peter Dutton thirty five. Well, that has now
absolutely narrowed to the point where Peter Dutton is almost
more popular than Anthony Albanesi Elbow's still at forty five.
Dutton now has lifted four points to forty one, closest

(01:17:32):
margin between those two since the last election, and the
Prime Minister's approval ratings have dipped to a new low.
And so why is this well week leadership? And I
think when you look at you know what happened in
the United States with the election of Donald Trump. Leadership
and strength of leadership is going to be a big,
big factor in the next election. And Anthony Albanesi has

(01:17:55):
proven to be rather weak and then you're throwing the
upgrade and on top of that, then he's in really
big trouble.

Speaker 2 (01:18:02):
Is doesn't more appealing to people simply because they've got
to know him more and he's got more headlines, more news.
The more you see him, the more you like and
we'll find impalatable or is there something more than that
it's just a hatred of Albaneasy.

Speaker 8 (01:18:14):
I think it's the latter. I think there's a realization
among average opozzis who I mean, what was the line
that resonated so much in the United States? Donald Trump
kept getting up on stage and saying, do you feel
better off now than you were four years ago. Well,
if you ask that question of just about everybody in Australia,
were you better off three years ago? That most people

(01:18:35):
will say no. And then there's this perception of Anthony
Abernez he not being a strong leader, he likes to
travel too much, he buys beach houses, he wants to
sit in first class. That is all doing great damage
to him. Dun and seen as a steady and copper
from Queensland. Yeah, okay, in the past he might have
been a little hard edged and certainly when he was

(01:18:55):
running Board of Protection he was not for turning on
any of those issues. Very tough. So he's still going
to have trouble in the Red States as I like
to call them, which is the opposite of the Americans,
that's labor states like Victoria. But he's very popular in
Queensland and I think he's really in here with a chance.

Speaker 2 (01:19:14):
Interesting how much ankst is there around Trump in terms
of one tariffs, but two something like walkers, submarines, you know,
all that stuff.

Speaker 8 (01:19:24):
There is in their mind Australia, Australian politicians, I mean
they think that this is going to be pretty bad
for Australia. One we've got an ambassador in Washington and
Kevin rud who said some very bad things about Donald
Trump in the past. That's not helping. He's not going
to get his foot in the door. Then you've got
Donald Trump saying to all of his allies, look, you've

(01:19:44):
got to spend a certain amount of money on your defense.
You've got to spend more on defense. I mean, the
question will be to you guys as well. I guess
what he's spending on defense. But they put a figure
on it here, and that is twenty five billion dollars
that we would have to increase our defense budget by
if we are going to keep Donald Trump happy in
regard to what we spend on defense. Now, Orcas is

(01:20:06):
the other question. There was a decision yesterday that Mike Pompeio,
who was in the last Trump administration, he might get
a job. Well he didn't. He has been a really
strong supporter of UCAS. He's a great mate of Scott Morrison's,
in fact, has gone into business with XPM Morrison and
he's a China hook. But he's not going to get
a job. So that has created a situation where his

(01:20:27):
mild panic going on. Jim Chalmers. The Treasure is so
worried about this, it's going to make a speech to
the Australian Institute of Public Affairs on Monday night, he says,
Treasure he's done modeling on the impact of Trump policies.
He claims it will be a small reduction in our
output and additional price pressures in the short term. That's
around tariffs. He said, specific features of our economy were

(01:20:49):
going to be okay. So I think he's trying to
hose it down. To be honest, look.

Speaker 2 (01:20:53):
At the Victorian government and their three billion dollars into
your failed public transport system. That's going well for you,
is it?

Speaker 8 (01:21:00):
Well, that's three billions just a new contract into this
suburban rail that runs from a place no one wants
to be to somewhere no one wants to go. This
is just a ridiculous project. In total, it's supposed to
go round the outside of Melbourne. That'll never end up
being built. The whole thing, The whole things are going
to cost something north of two hundred and fifty billion dollars.

(01:21:21):
Now these contracts are for a company, a foreign company,
to dig d start digging these tunnels. Now, the State
opposition is said, well, hang on a minute. The federal
government hasn't approved it's two billion dollars and two billion
dollar investment in this because they haven't seen a business
case study yet, so we need to put a stop

(01:21:41):
to this. But the premier kip signing contracts. The whole
thing is complete.

Speaker 2 (01:21:44):
To Barkle, well, all right, might see you Wednesday. Appreciate it.
Steve Price out of Australia, speaking of Debarcle, you can
see why they announced it Friday. The rail network of
the CRL City Rail Ink and Auckland. They're basically closing
rail for the next three years. First major closure is
going to be from December twenty seven three to Gen
twenty eight, the whole month all of summer, so all
the tourists come to town look for training. There are no trains.

(01:22:05):
Major break in around Easter. Of course they think that
people leave town, but they figured about tourists, They figured
about you know, people having to get and then they say, oh,
well that we'll put the extra buses on. Is though,
that's a thing. Sixteen to two.

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

Speaker 2 (01:22:25):
Talks that Be Mike Whieter is the media report net
profit without citing the return on equity ard to suggest
it's low single digits. Banks for a terrible investment. That is,
broadly speaking, is what the banks say to the Select
committee that's looking into their performance generally at the moment.
But no one hears that. They just hear the clickbait headlines,
which is all about wow, that seems like a lot
of money. Therefore somebody must be a Robert Barron. Therefore

(01:22:46):
somebody else must be being ripped off, and we'll need to
do something about it, not that we ever will, and
we've been there before with petrol and supermarkets, and so
it goes a lot of pain the hangover looming from
Australia's budget wine boom. Bit of reading I did over
the weekend. Look that up if you're interested in wine,
if you've ever want to see how for a country

(01:23:06):
that's moderately successful in a number of areas, no one's
cocked up their wine industry more than Australia. And they
went basically and it features a guy called Brian Crosser,
who if you follow wine or know a bit about wine,
he's a particularly famous figure in that area of life.
In Australia. He was in charge of pedal Uma for
a very long period of time. That's now gone to
other people who have gone and bought and sold, bought

(01:23:28):
and solid at bought and sold it anyway. Upshot is
that they went cheap. Australian wine went cheap, and they
decided the world wanted nice sugar it up, nice cheap wine.
Will put it in massive bladders and we'll ship it
off and these suckers will pay fifty cents a liter
and we'll make money from it, and didn't work twenty twenty.
Whereas we in New Zealand, broadly speaking, not completely, but
broadly speaking, have stuck to the quality end of the spectrum,

(01:23:50):
which is good and we have and continue to benefit
from it. So twenty twenty, the demand for bulk wine crashed.
The value of Australian wine exports to the UK peaked
in two thousand and seven, so it's been going backwards
ever since. At nine hundred and ninety million, has fallen
to three hundred and sixty two million by September this year.
Have a look at our wine industry. It's worth a
couple of billion dollars a year and growing. Have a

(01:24:12):
look at our market's uk us, et cetera. Have a
look at those figures. We're going in the exact opposite
direction of Australia's absolutely stuffed it whereas we're doing well.
So it peaked in two thousand and seven at nine
hundred and ninety million, has fallen to three sixty two,
so two thirds of it's gone. There are lakes of
low end Australian wine filling what they call tank farms

(01:24:33):
in warehouses all over the world. There were as of
June last year, there was two point one nine let's
call it two point two billion liters of this cheap
slop in warehouses all over the world. Two point two
billion liters. And make music to my ears. They cannot
shift it, not even you'd like it. Gwynn, Come on.

Speaker 23 (01:24:56):
The shares, put a lovely cheap sharez.

Speaker 2 (01:24:58):
Even you pipe right to Mike, what do you pay
for a bottle of wine?

Speaker 13 (01:25:02):
Uh?

Speaker 23 (01:25:03):
These dates has actually got more expensive? Yeah, sometimes it's
as much as fourteen fifteen dollars a bottle.

Speaker 2 (01:25:09):
Katie came home with an eleven dollars one the other
day and that was a that was a cheeky little
Argentinian Melbeck move that was for the mints. It's nine
minutes away from night.

Speaker 1 (01:25:25):
Breaks with Bailey's Estate news dogs.

Speaker 2 (01:25:29):
Mike, you know the rule, if you wouldn't drink it,
you don't use it to cook with grant. It's an
interesting rule you say that that's my general rule in life,
But I don't cook. As I am often reminded at
home how little I do in that particular part of
the house.

Speaker 23 (01:25:41):
Isn't it all just sort of the same thing though, Like.

Speaker 2 (01:25:43):
We'll see Elvis's bit for that, but money a bit
more for that. Ellison Gofton put me onto the idea
many years ago that that that you can taste the
better the quality wine and the cooking, you can taste it.
I'm still not one hundred percent convinced, and I won't
tell you the story because I don't have time at
the moment, but I did one time test that out

(01:26:04):
with a bottle of wine that was far too good
for the dish, and we both agreed. I think from
memory that we couldn't taste the difference.

Speaker 23 (01:26:12):
Yeah, I don't think you need to go over one
hundred bucks for a spag bowl.

Speaker 2 (01:26:15):
We did, and it was with some regret we decided
that it wasn't probably worth it, but spurred on the
other day by bringing home I think was as Trapisha named,
does that ring a bell? Trapache to proud its Argentinian
Melvick anyway, that was eleven dollars or fifteen dollars or whatever.

(01:26:38):
Was spurred on by that. She then went out and
brought home a bottle the other day and it literally
on the label said medium rouge. That's all it said that,
And I think that came in at under ten.

Speaker 23 (01:26:49):
So it's like you had your own house red exactly
medium rouge.

Speaker 2 (01:26:55):
She hasn't cooked with it yet, but I'll guest come around,
would you like it's a medium room.

Speaker 10 (01:27:02):
You've got it.

Speaker 2 (01:27:02):
The house Red, Little House read five minutes away from nin.

Speaker 15 (01:27:05):
Run trending now with Chemist Warehouse Great savings.

Speaker 2 (01:27:10):
Every day Now. Grammy nominations. Here's a fun, fun question
for you. How many Grammy nominations does Jimmy Carter have?
And the answer is ten. He's just got his tenth
over the weekend. He's become the oldest person to be nominated.
His latest album, I'm not making this up. It's called
Last Sundays in Planes, a centennial celebration. Planes as in Georgia.

(01:27:36):
It features some classics such as America is beautiful and
amazing as an America, They're beautiful, I've written yet, No,
it's not in America is beautiful. How's he going to
go on a jury? He can't even speak English.

Speaker 23 (01:27:49):
I think he just couldn't see the words over the
noise of his socks.

Speaker 2 (01:27:53):
Okay, amazing grace. Anyway, here's what a Grammy nomination sounds like.

Speaker 25 (01:28:02):
How many of you will think with me just a moment,
what would the world be like today if the teachings
of Jesus Christ will put into effect? What do you
think is this to be different?

Speaker 2 (01:28:24):
It's live.

Speaker 25 (01:28:27):
That's the first time I've heard that answer.

Speaker 2 (01:28:29):
But oh, he's entertaining, no wonder. People are loving him. Jeez,
he's in good sea. I saw a photo of him
the other day. He didn't look well, didn't look at
all well. He looked like really really unwell. But he's
clearly doing better than he looks. Anyway, it's got some geys. Darius.

Speaker 25 (01:28:43):
Would it be nice if the United States of America
would be a superpower in maintaining peace and to be
a champion of human rights and champion of environmental quality
and champion of quality.

Speaker 21 (01:29:01):
Oh be ful full species guys for movies.

Speaker 2 (01:29:11):
O Green, that's quite clever. This actually, I'm I think
I'm a fan.

Speaker 23 (01:29:15):
You're gonna put it on your stick.

Speaker 2 (01:29:16):
I think it's going on the steak Darius and Jimmy.
That's what they should have called it, obviously. Back tomorrow morning,
as always Heavy Days.

Speaker 1 (01:29:26):
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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