Full Show Podcast: 12 December 2024

Episode Transcript
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Speaker 1 (00:01):
You're your trusted source for news and views.

Speaker 2 (00:04):
Heather Duplicy Allen on the mic, asking breakfast with Bailey's
real Estate, your local experts across residential, commercial and rural
news talks.

Speaker 3 (00:13):
Dad B seven pass next morning and welcome to you.
Coming up today, Winston Peters is going to be with
us to explain what they have been doing for the
last year if they haven't been buying us new fairies
on drug use, and this is particularly meth and coke,
it has basically doubled in a year. So hopefully the
Drug Foundation can give us an explanation as for why
we've got Julia Dean's of fur patrol and after eight

(00:34):
and we're going to go around the world with Joe
McKenna and Rod Liddle.

Speaker 1 (00:37):
Heather Duplicy Allen, Well, I think we.

Speaker 3 (00:39):
Can all see now why the government's announced the fairy
decision two weeks before Christmas. A This is embarrassing, isn't it.
I mean, what have they been doing for the last year?
How do you go a year from canceling the mega
fairies and still have nothing to show for it, No deal,
no fairies, no price tag, not even any detail for
us on how much we're going to have to pay
to break the deal on the Mega fairies. All we've

(00:59):
got is room, and if those rumors are right, then
we are going to spend more than twice what we
were going to spend for those two Mega fairies. We're
going to spend more than twice on that to buy
two smaller fairies. Those Mega fairies were five hundred and
fifty million bucks. The medium sized feries that we're probably
going to end up with now will apparently cost nine
hundred million bucks plus, and you add them the three
hundred million dollar break fee for the Mega Fairies, and

(01:21):
that's one point two billion dollars more than double. We'd
have been better off on these numbers, keeping the big
boys and then on selling them and using them to
buy the using the money to buy the little ones.
Don't expect we waited a year already. Don't expect to
get any kind of announcement anytime soon, because it's not
going to be apparently until the second half of next
year before we actually know what's happening. And we're going

(01:42):
to have to wait five years for these bad boys
to actually hit the water. And the thing about this
is that time is of the essence, because it's not
as if our existing fairies are doing well. They're running
on hopes and prayers and masking tape. By the looks
of things. We've had one floating without power and the
Cook Strait already. That's very dangerous. And we've had another
one running around on a sandy beach and you don't
need me to tell you again that's very dangerous. And

(02:02):
then there are various other weird little mishaps have been
going on as well. Now. To be fair to the
National led government, I don't think that the Mega Fairies
were the solution. I don't think it's a smart idea
to chuck an entire trade on a boat and then
send it across the water. I mean, if you thought
about how heavi a train is. But I'm starting to
feel like this deal, whatever it is, could be actually
worse than the Mega Fairies deal. And I'm starting to

(02:24):
think that this might make the Mega Fairies deal look
like value for money, and that is not a great outcome,
by the way, especially for the Nats and nikoliwillis because
the pair of them have told us they great at
striking deals, they really great at managing money. Well, what
we're seeing so far does not look like that at all.

Speaker 1 (02:40):
What news of the world in ninety seconds.

Speaker 3 (02:44):
So after denying it yesterday, Israel has confirmed it has
struck Syria's naval fleet.

Speaker 4 (02:49):
They've taken a strategic decision to absolutely destroy the land,
air and sea capability of the Syrians, and this means
that essentially they've bombed them back to the stone aie
in military capability terms.

Speaker 3 (03:02):
Over in the States, support is absolutely pouring in for
the CEO Killer and this is for him taking a
stand against big health insurance companies.

Speaker 5 (03:09):
Honestly, it's beautiful and I agree with him.

Speaker 6 (03:13):
At least he left a very powerful message and he
highlighted how terrible the healthcare system is America. I think
they'll go down as a hero in history.

Speaker 3 (03:20):
Yeah, pretty weird turn of events. Over in the UK,
farmers have ramped up their protest over the inheritance tax
changes by blocking central London streets.

Speaker 7 (03:28):
Fight.

Speaker 8 (03:28):
We will miss the Starmer.

Speaker 5 (03:30):
We will not sit back and let you destroy what
we've worked for. The People of this country care where
their food comes from, and they.

Speaker 9 (03:37):
Care who grows it.

Speaker 5 (03:39):
Why the hell don Neumitsu Starma.

Speaker 3 (03:43):
Water off a ducks back for the Prome minster, though.

Speaker 5 (03:45):
In a typical family case, the threshold is three million
pounds and therefore the vast majority of farmers will be unaffected,
despite the fear membering of the party opposite.

Speaker 3 (03:56):
Now, we still aren't sure why there were dozens of
drone sightings and you know what I'm talking about, these
ones across New Jersey.

Speaker 1 (04:01):
Bublic safety at risk. We just don't know. And that's
the concerning part.

Speaker 10 (04:05):
You're telling me, we don't know what the hell these
drones are in New Jersey?

Speaker 1 (04:08):
Are is that coright?

Speaker 7 (04:12):
That's right?

Speaker 3 (04:13):
There are, of course, and this will be no surprise
to you. Some conspiracy theories, including from the special ops
drone expert government officials. They need to stop saying there
is no known threat unless they really know that. It's
a disservice to the American people who are rightfully concerned
because I know firsthand the damage that drones can do. Finally,
Nigel Richards has done it again. Now yeah, okay, if
you're wondering who the hell is Nigel Richard's fair enough.

(04:34):
Nigel is actually a Kiwi and Nigel is regarded as
the best scrabble player in the world, and he's got
himself the nickname the Tiger Woods of scrabble. In twenty fifteen,
he went viral because he won the French World Scrabble
Champs even though he couldn't speak French. All he did
was study their dictionary for nine weeks and then went
on to win it multiple times since twenty fifteen, and

(04:54):
he's done it again now, this time being declared the
Spanish Scrabble World Champ after studying the language for only
a year. His Spanish opponent in the finals said, quite rightly,
an incredible humiliation to write over in New Zealand, not
known for multiple languages, and yet look at the sky.
Go Nigel Richards. Listen if you're wondering, I was certainly wondering,

(05:15):
well when we were gonna hear from the North Koreans
on the South Korean Marshal Law Snath who finally, finally
we've heard something. They've mocked South Korea, as you would imagine,
in one of the state newspapers in North Korea. It's
called Rodong Sinmung. Just in case you want to look
it up, page six, by the way, it's the article
you'll find it there. They've called the Martial law declaration
an insane Act said the president brazenly brandished blades and

(05:40):
guns at his own people, shock horror, and then accused
him of trying to run a fascist dictatorship, all of
which is kind of I'm not sure if they're meaning
that is a bad thing or a good thing, because
of course that would be exactly what Kim Jong un
is up to in it.

Speaker 2 (05:55):
Thirteen past six, the mic asking breakfast All Show podcast
on a hard radio call it Blay News Talks Evy.

Speaker 3 (06:05):
Hey, good news for ZESPRI yesterday. I've been keeping an
eye on this one because this one's going to be
potentially quite important for them. They finally got a bit
of a win, managed to get the farmers, the growers
rather to agree to let the growers overseas grow full ZESPR.
And so when we're talking about overseas, we're talking about Italy, Japan,
South Korea and Greece, because up to now it's been
exclusively growing in New Zealand. And you'll remember they took
this this as ZESPRI, took it to the grows a

(06:26):
couple of years ago, didn't get anywhere with it. Well,
they just voted yesterday, came through with the support of
about ninety percent plus of voting growers, so they're just
going to start expanding. Now, sixteen past six Andrew callahana JMI.
Wealth is the US morning, Andrew, how's that inflation in
the US?

Speaker 11 (06:44):
Looking to you on expectations is what we would say. So, yeah,
we looked at inflation.

Speaker 12 (06:49):
In China earlier this week and we had the other
big guy last night. So US CPI inflation figures released
now had the CPI inflation. It's not the Central Bank,
the Federal Reserves FAY measure inflation. That's what's called the
PCEE inflation or Personal Consumption Expenditure Index.

Speaker 11 (07:06):
But it's still very closely watched.

Speaker 12 (07:07):
So for the record zero point three percent for the month,
two point seven percent for the year, we're coming in
New Zealand.

Speaker 11 (07:14):
Slightly lower than that at the moment.

Speaker 12 (07:15):
A core CPI so that's ex food and energy, that
was also at point three percent for the month, but
three point three percent for the year.

Speaker 11 (07:24):
So slightly higher.

Speaker 12 (07:25):
Now, as I said, outcomes are very much on expectations.
The bigger picture issue had I guess for financial markets
is that the disinflationary trend, all sort of inflation falling
that we have been seeing that trend is sort of
potentially stalling in the US, So inflation just isn't dropping anymore,
it's sort of sort of just just plateauing. So what

(07:48):
does that mean for the Federal Reserve? They sit down
next week to review interest rates. So if you just
drill down into a little bit of the detail, the CPI,
the shelter costs or accommodation stuff that actually called an
it's been a persistent source of inflation over there.

Speaker 11 (08:03):
So that'll give the Fed some confidence at the moment.

Speaker 12 (08:06):
Just looking at reading reading all the various sort of
analysis of it, I think the market is still sort
of comfortable with a twenty five basis point cut next week,
but there's now some uncertainty about the pace and the
extent of interest rate relief over twenty twenty five. And
you've also got this Trump factor as well, which is
sort of a wildcut as to what he does. There's

(08:27):
only probably two or three cuts price in the next year.
Markets they're taking it on their stride that Dow Jones
hasn't really moved. The S and P five hundreds up
almost one percent. The nazac's kind of loving it. It's
one on three quarter percent, so that's all good. We
tend to see the impact of these perceived interest rate
moves firstly in our currency, and there's been no major
shift in that overnight. Still sort of hovering, lingering, just

(08:49):
under the fifty eight cent mark. So all on expectations, I.

Speaker 3 (08:53):
Would say, and so would you say, just back at
home looking at the manufacturing activity, would you say, also
roughly what you would expect.

Speaker 11 (08:59):
Ah, yeah, but it's just weak.

Speaker 7 (09:01):
You know.

Speaker 12 (09:01):
We have this big data dump yesday from Stats New Zealand.
So this is business financial data. Lots of numbers here
if you trawl through that, I'm just going to focus
on the manufacturing data. We get the BNZI Business New
Zealand Manufacturing Index tomorrow, so this is sort of relevant
and pertinent. Manufacturer has been weak. It's in a slump.
Would love to see some life here. Just this manufacturing

(09:23):
data yesterday. It's a bit dated September quarter. We get
GDP for the third quarter next week. But in the
September quarter the volume of total manufacturing sales fell one
point two percent. That followed a right small rise in
the June quarter. The value of total manufacturing sales also
fell only small zero point one percent, but Look, it's

(09:44):
just this is consistent with a probably going to see
a contraction growth in the third quarter if you take
out dairy meat industry sales and this data series have
declined now on a full year basis for almost two years.

Speaker 11 (09:56):
So it's just it's tough.

Speaker 12 (09:58):
Going for manufacturing, Heather, and we're all getting quite excited
about twenty twenty five, but the numbers that we're seeing
about the here and now just keep telling us we're
not actually seeing that lift in activity just yet.

Speaker 3 (10:09):
Yeah, and what are you seeing in the old truckometer,
the truck cometer.

Speaker 11 (10:13):
I love the truck coma because it's kind of real.
You know, someone sits there and counts trucks. This is
old school.

Speaker 7 (10:18):
I love it.

Speaker 12 (10:19):
Look the tone here also soft, consistent with most known
as the light traffic Index unchanged in November. That's a
good indicator of the state of demand year on year.
It's up zero point one percent, so that I would
call that anemic. The heavy truck INDECK heavy Traffic Index
fell two and a half percent, is quite volatile.

Speaker 11 (10:37):
That's a good steer on production GDP.

Speaker 12 (10:40):
Yeah, we can't. It's up one point two percent year
on here, so a little rise there over the year.

Speaker 11 (10:45):
But look, we're just these numbers that they're all just
still weak, you know.

Speaker 12 (10:48):
We, as I said, we're getting confident, but we're not
seeing that confidence in the current activity just yet.

Speaker 3 (10:55):
Yeah, okay, give us the numbers.

Speaker 12 (10:56):
Sure, gang, the Dow John's gone nowhere, forty four thousand,
turndred forty nine, it's up two points. The S and
P five hundreds up point nine percent, six thousand and
eighty nine, so that's up fifty four points.

Speaker 11 (11:07):
But the Nasdaq's having a little rally.

Speaker 12 (11:09):
One point seven three percent rise twenty thousand and twenty
nine there overnight, the forty one hundred game point two
eighty percent eight three oh three very very small rise
in the ne K thirty nine thousand, three hundred and
seventy two small rise also in the Shanghai composite ten
points three four three two. The aussis yesterday though they
fell just under half a percent eight three five three

(11:31):
to close there, and the NZX fifty gained point three
percent yesterday, up thirty eight points twelve thousand, seven hundred
and sixty one.

Speaker 11 (11:38):
As I said, the chemi dollar just.

Speaker 12 (11:40):
Kind of lingering, flirting around with a fifty eight cent
mark point five seven ninety seven against the AUSSI point
nine oh eight nine point.

Speaker 11 (11:48):
Five y five one five against the euro.

Speaker 12 (11:49):
Was still quite weak against the pound point four five
four one the yen. Eighty eight point twenty five is
what one news one dollar will get you. Gold has
had a bit of a rise. It's trading at two thousand,
seven hundred and fifteen dollars and also a slight left
in brink crude seventy three dollars and twenty three cents.

Speaker 3 (12:06):
Good stuff. Andrew and julir Day, Thanks May Andrew, callaher
JMI wealth Heather. Maybe we could just do the Mega
Fairies with some of Debbie's two hundred billion dollar winfull.
That's an excellent point. Actually, if we'd only known before
Nikola canceled the Mega Fairies that Debbie was going to
get us all that money from taxing the houses, we
could have just carried on with the deal, because it's cheap,
cheap when you've got two hundred bill coming in six
twenty two.

Speaker 2 (12:27):
Love My Casking Breakfast Full Show podcast on iHeartRadio, powered
by News Talks at b Hither.

Speaker 3 (12:34):
The government aren't used car salesman. This is read the fairies.
They wouldn't be able to make their money back, not
even close ross yet it might be right, but you
might also be wrong because what's happened is we bought
those mega ferries when the price of steel was low,
and the price is steel. You go look at any
any graph of the price of steel gone right up,
which is why it's going to cost us more. So,
could have been a bargain forever. Whoever in the world
wants a mega faery if they do, and there's a

(12:55):
big gift there obviously. Six twenty five Kevin trending.

Speaker 2 (13:01):
Now will chemist Well House the home of big brand vitamins.

Speaker 3 (13:05):
You need to has a MESA update, don't you. Meghan
and Harry just can't catch a break. But they aren't
helping themselves, are they, Because remember they signed that eighty
million pound deal with Netflix, and out of that we
got the docco on Invictis, and we've got another on
Impactful World Leaders yay, and then we've got the Harry
and Meghan show about their departure from Royal Life. Well,
the doco's reviewed fine, just fine, and the TV series

(13:26):
was widely panned as narcissistic. But their latest offering, unfortunately
is not going to save them. It's called polo and
it's all about a behind the scenes look into the
game of polo, which you definitely didn't need or even want.
Here's the trailer.

Speaker 10 (13:39):
Lgen going on a course at thirty five miles an
hour with someone coming at you at full speed.

Speaker 1 (13:45):
Ye try to one that God's son your party. It's addictive.
Oilo is not just a sporn OLiS I like, thank.

Speaker 4 (13:55):
You for sure.

Speaker 13 (13:56):
It's glamorous. It's a sexy sport too dirty, sweaty boys riding.

Speaker 3 (14:05):
Hola and take a toll on your family. And that's
no secret.

Speaker 14 (14:08):
I started traveling back and forth origents, you know, twice
a week.

Speaker 3 (14:11):
When do you come back?

Speaker 1 (14:12):
I don't know.

Speaker 15 (14:13):
You can't do that when someone just fragant.

Speaker 1 (14:17):
I've put more at stake this season than over have
in the past.

Speaker 14 (14:25):
Yeah.

Speaker 3 (14:25):
Reviews are in two stars out of five on average.
That's not good. Two stars out of five. Guardian says
it's destined to fall into obscurity. Telegraph calls it a
dull indulgence about a rich person's pursuit. Another couple of
critics say a tedious inside look at posh Polo mostly
boring look at a sport that very few people outside
of elite circles have any particular interest in and decided

(14:46):
just straight up tells you avoid it if you can
possibly avoid it's the ego. Don't have to waste your
time on that. Hey, we're going to talk to Todd
McClay very soon about farmers. They are doing amazing things.

Speaker 2 (15:00):
MAZONI setting the news agenda and digging into the issues here,
the Duflucy Ellen on the mic asking breakfast with our Vita,
retirement communities, Life your Way, News, Togs dead b.

Speaker 3 (15:14):
Yeah, so's something funny is going on with our drug use.
I don't know if you've caught up on this yet,
but they do the work, you know, they do the
wastewater testing. They basically go have a look at what
you're taking into body and weiing out essentially, And it
turns out that in Q three this year, as in
between July and September thereabouts, we were using twice as
much myth as we were using the same time last year,

(15:36):
and nearly twice as much cocaine, which is I think
bizarre because I would have thought that in a recession
you don't have quite as much money for throwing at
things like that. Anyway, we'll find out from the Drug
Foundation what's going on here though with us after seven.
It's twenty two away from seven, so once again it
looks like our farmers at the stars of our economy.
It's predicted that our food and fiber exports are set

(15:57):
to break records this year, with annual exports too to
reach almost fifty seven billion dollars by June, and the
next ye're going to just break that record all over again.
Joining me now is Agriculture and Forestry Minister Todd mclahay. Todd,
good morning, Heather, Thank goodness with the farmer's name.

Speaker 10 (16:11):
They're doing a great job because we know they work
very hard, but they're getting better prices overseas as a
bit of a relief.

Speaker 7 (16:17):
It's really good for the New Zealand economy.

Speaker 10 (16:19):
But it is driving up by returns at the farm
gate and if they have the time, we need our
farmers doing well for us.

Speaker 3 (16:24):
It's right now, yeah, totally Now, deary is not going
to surprise anybody because we know that that's doing well.
We know that Kiwi fruit is doing as well as well.
But I see you reckon Wolve's going to pick up
what are you seeing there?

Speaker 4 (16:34):
We are.

Speaker 10 (16:35):
It's interesting we've seen the commodity price start to increase.
For Mark Patterson, who's associate min I said, I've given
them responsibility to focus solely on wool is doing a
really good job and we're starting to see summon the
roads and new users for that fiber. I mean, incidentally,
tomorrow I'm jumping on a plane to go off to
one last visit to India for the year as we
build that relationship. The Indian Parliament only has New Zealand

(16:57):
woolen carpets everywhere through their buildings, so it shows is
a good role for WILL, but there's a lot of
work to do because it's been very tough for sheep farmers.

Speaker 3 (17:05):
Is that weird that the Indians are using our wool
and we're not even using our wool.

Speaker 10 (17:10):
Well, I think it shows that they're much smarter than
Guigora who didn't put it in houses, and they've been
given a bit of a slap for that, but it
just shows that actually this is a product that is
wanted around the world. We just got to market a
bit better and you know, a bit of reform. Tell
me The other one that's a real standout for me
is the rebound in forestry. It's a six billion dollars
worth of exports. The commodity price is still very very low,

(17:31):
but the sector is working quite hard and we're starting
to see a bit more evalue added. Some of the
sawmills are doing better than they were, and you know
that's going up the value chain.

Speaker 9 (17:40):
Yeah.

Speaker 3 (17:40):
Now on forestry, are we being a little too optimistic
if we're relying on forestry to pick up because of
building activity in China? Because it feels like the opposite
is happening in China.

Speaker 7 (17:50):
Yeah, Well, we don't have too much.

Speaker 10 (17:52):
We don't have too much sort of structural timber going
into China, but a lot of the wood that goes
in there is used for you know, the processing for
pay and a few other things and so on.

Speaker 7 (18:01):
There.

Speaker 10 (18:01):
I'm a lot more optimistic than many others around China.
I've been in there a couple of times this year,
and I've got half a billion people that sort of
middle class now that are consuming more. But there are
still some headwinds there. Although you know, dairy to have
gone up ten percent, A lot of that is the
Chinese market and part. We're going up the value chain
as well. It's a lot less about commodities, but there

(18:22):
is a lot more opportunity in the coming years for
New Zealand and China, you know, ahead of a curve.

Speaker 3 (18:27):
Hey, by the way, have you been following what's going
on with the banks and the farmers and the rural communities.
You had a chat to the farmers about how they're
feeling about the banks.

Speaker 7 (18:36):
Yeah, they are.

Speaker 10 (18:37):
So we started an inquiry into banking a short while
ago in parliamentary inquiry, with a particular focus on the
primary sector.

Speaker 7 (18:46):
You know, it's been very challenging.

Speaker 10 (18:47):
I'm starting to hear from farmers a little bit of relief,
but that's probably less to do what the banks of
doing and the inquiry more that, you know, the work
the government's doing is getting inflation down, some interest rates
are coming to.

Speaker 7 (18:58):
Track down, but there is work to do there.

Speaker 10 (19:00):
We're just going to make sure that the primary sector
can have confidence in what the banks are doing, that
everybody is working as hard as they can to grow
the New Zealans.

Speaker 3 (19:07):
Yeah, I just want to I mean, how do you
feel as the agriculture is set about banks saying to
farmers that they're not going to lend to them unless
the farmers get their emissions down to a certain level.
How do you feel about them being the climate police.

Speaker 7 (19:17):
Yeah, well they should not be.

Speaker 10 (19:19):
And I see one of the Australian banks has a
view that New Zealand farmers need to do more than
Australian farm Yes, they're welcome to that view, but they
should keep it to themselves and look at ways to
get interest rights down for farmers and you know, make
them be productive. However, there is a wider point here
is that we do have international obligations. We do have
to meet them because you know, consumers around the world
of customers are demanding this. Having said that, we have

(19:42):
to find ways to get emissions down without closing down farms,
because otherwise all we do is send those jobs and
production overseas. And we're really clear that one we've got
a plan to do that with farmers and two we're
not going to be closing down farms in New Zealand,
so American and European farmers can do more good stuff.

Speaker 3 (19:57):
Todd, Thanks very much, Todd McLay, Agriculture Ustry Minister. Hopefully
the banks were listening to that and by the way
we are going to talk. I've got I've got an
update on the banks and all the benz and stuff
that's been going on. It's eighteen away from seven to two.

Speaker 1 (20:08):
Sellen.

Speaker 3 (20:08):
Saudi Arabia you'll have been seen, you'll have seen has
been announced today as the host of the twenty thirty
four feet for World Cup, and woohoo. People are going
to lose their minds about it, aren't they, because it's
Saudi Arabia and Saudi Arabia very bad people. Anyway, you
want to see it. We'll get to that because we're
going to talk about that at some stage. But you
want to see the stadia that these guys are building

(20:30):
for the World Cup. They've only built I think four
of them already. They're gonna have fifteen in total. And
it is mad stuff, right, So one of them that
I'm gonna give you some of the maddest ones in
red in the Capitol where eight of them are gonna be.
They've got the King Salman International Stadium that they're gonna build.
And the idea here is that the arena blends in
seamlessly with the mountainous environment. It basically looks like a

(20:52):
button popping out of the ground. So you've got all
the like, got all the kind of foliage and strips
of forestry and stuff like that, and then whip up
goes over the top of the stadium. She'll be walking
up to basically what just looks like a little hobbit hole,
like a little lump in the ground. It's not a
hobbit hole. It can hold tens of thousands of people.
Madness rating on that one would be an eight out

(21:13):
of ten. There's another one that's going to be somewhere
nearby as well. It's called the King for Hard Sports
City Stadium. It's basically a massive tent. It's got like
about twenty four masts. Each of them goes up fifty
eight meters high. Just looks like a CNM and E
or something like that. Madness rating is a bit lower
on that. That's a six. The Prince Muhammad bin Salman
Stadium that they're going to build capacity forty seven thousand,

(21:35):
completely mental perched on the side of a cliff two
hundred meters above the ground. I think the one side
is kind of hanging over the side of the cliffs.
I don't know you're going to feel about that. Sitting
in that. That's a madness rating of eight out of ten.
There's the one called the Russian Stadium, which looks like
a crunchy bar that's been Oh and actually that one's
made entirely of a keesha bark, I think. Then there

(21:57):
is another one that looks entirely like a crunchy bar
that's been dropped. It completely mad. But the maddest of
all of them, I think is, I don't know if
you've been keeping an eye on what's going on with
Saudi Arabia and that big city that they're building, which
is just a line in the desert. They're putting a
stadium there. So if you've been like I'd like to
go and have a look at that city, you have
the opportunity now in twenty thirty four when you go there.
It's called the Neam Stadium. Three hundred and fifty meters

(22:18):
above the ground. You've got the city in the line
stadium in the middle of the line. One side there's
a desert, other side there's a man made harbor. Madness
rating on that fully nine out of ten.

Speaker 2 (22:29):
I've been trying to figure out what all these things
remind me of, and then it finally came to me.

Speaker 16 (22:33):
Five.

Speaker 2 (22:34):
It's kind of things that the Thunderbirds three, you know,
the twol the paltry.

Speaker 3 (22:40):
Splits of half it fully is and then they just
explode out of it with a stadium, except instead of
the Thunderbirds coming out, it's just a bunch of football
players and people. It's going to be mad. It's probably
going to be worth going just to have a look
at that quarter of the seven.

Speaker 2 (22:54):
The Mic Hosking Breakfast Full Show podcast on iHeartRadio powered
by News Talk.

Speaker 3 (22:59):
Said, hither the jump in the drug levels probably explains
to some extent the drop of the drinking across New Zealand.
Most people doing meth either taper or don't drink it all.
It's hardly a cause for celebration things. So that pulled
twelve away from seven.

Speaker 2 (23:11):
International Correspondence with NS and Eye Insurance, Peace of Mind
for New Zealand Business with.

Speaker 3 (23:17):
John McKenna, our correspondent to Italy with US Morning Joe,
Good morning Heather. So we've got another one of these
migrant boats, in this time only one survivor.

Speaker 1 (23:27):
That's right.

Speaker 16 (23:28):
We haven't really heard too much about the migrant boats lately,
but this is a really tragic story. A young girl
believed to be about ten or eleven was rescued off
the coast of Sicily. She's believed to be the only
survivor on a boat that was carrying forty five migrants
from Tunisia. Many of them had come from other countries
and were traveling across the Mediterranean trying to get to Europe.

(23:50):
She was rescued after a couple of days at sea,
and rescuers were really shocked to find her there, kept
afloat by a life fest an in a tubes wrapped
around her body.

Speaker 3 (24:02):
That's terrible, as really sad. Do we know how many
people were on board this boat.

Speaker 16 (24:08):
Well, we know that there were forty five on board.
But we've had other a migrant. We've had other migrant arrivals.
In the last couple of hours, the last twenty four hours,
three hundred and fifty six migrants landing on the island
of lamp Producer, off the coast of Sicily. And what's
interesting here, Heather, is we've had sixty four thousand migrant

(24:29):
arrivals in Italy this year, which sounds like a lot,
but that compares with one hundred and fifty thousand for
the same period last year, so they're still coming, but
it seems that they're getting the message that the Italian
government is not as welcoming as it might have been
in the past.

Speaker 3 (24:43):
Hey, speaking of the government, tell me, what do you
make of Maloney being ranked the most powerful woman in Europe?

Speaker 16 (24:49):
Well, that's interesting, isn't it. She's certainly got a nice
endorsement from Politico the magazine. But more importantly, she was
anointed again by President elect Donald Trump at the weekend
when they met at the reopening of Notre Dame in Paris,
and he described her as a real live wire with
a lot of energy, and that sort of endorsement I

(25:12):
think is really important to her at the moment, positioning
herself as a leader in Europe. We've got weakness in
the political scene in France and in Germany, so she's
really emerging as a very powerful leader in European politics.

Speaker 3 (25:28):
Does it work in Europe to be endorsed by Donald Trump?

Speaker 16 (25:32):
Look in this case, I think it's important because it's controversial,
of course, but I think everyone's looking to Trump to
try and keep the Natal Alliance afloat in particular, and
keep those defense and political relationships intact because he has
made threats. He has criticized European governments for not committing

(25:55):
more money to defense, relying too much on the US,
and they really want to strengthen that relationship and ensure
that it continues into the future without too many surprises.

Speaker 3 (26:05):
You good stuff, Hey, Joe, thanks so much for talking
us through that. Joe McKenna o Italy corresponding kind of
on the subject of Versaly, but it's really tenuous. I'm
not going to lie. Coffee. You can see what I've
done there, right Coffee price isn't basically actually better to
say to you if you're thinking about having your coffee,
brace yourself for this, because the international prices have hit
their highest level on record. The price for Arabica beans,

(26:27):
which is basically mostly what we drink around the world,
has just hit US dollars three dollars forty four a pound.
Now that's not going to mean a lot to you,
but what I can tell you is it's up eighty
percent in just this year, so you can see it's
getting close to double right now. Up to now, what's
been going on as the coffee roasters have been absorbing
all of these price increases but it's probably getting to
about their limit, and so apparently they're going to put

(26:48):
them up and we the consumer are about to be stung.
No way does that make it more or less expensive
than myth. I'm just wearing. I don't know, Dleams, what's
your knowledge on the price of myth?

Speaker 2 (27:00):
Well, the most recent thing I heard was that I
thought drugs was the price of drugs was coming down.

Speaker 3 (27:04):
So yeah, I'm just not a fae with the price
of myth. But I think actually we could probably ask
the Drug Foundation if next time they're doing the meth
testing for the wheeze, they can do the coffee testing
as well. We'll probably find an answer to that one.
Go for your coffee instead. Then it's getting close closer priced,
maybe eight away from seven and.

Speaker 2 (27:20):
The duplicy Allen on the my costing break lift with
al Vida Retirement Communities News togs Head.

Speaker 3 (27:26):
B big day for Microsoft. I don't know you remember
you might remember this. Cast your mind back a couple
of years ago and they were building that big data
center in West Aalkland. They finally got onto it three
hundred million dollars by the way, at least to build it.
Finally got onto finishing it and I think it opens
today's We'll have a chat to them after seven o'clock.
It's five away from seven.

Speaker 1 (27:44):
All the ins and the ouse.

Speaker 2 (27:46):
It's the beerz with business Fiber take your business productivity
to the next level.

Speaker 3 (27:52):
It's got a bit of housing porn for you. Because
it's been a big year for the housing market. There
was a honeymoon period after the government got into its work,
which is slowly tape it off and then lead to
more properties declining and value. So property prices have dropped
five percent since February. Auckland and Wellington the hardest hit,
christ Church and dened and the most resilient. This year
first home buyers made up about twenty eight percent of

(28:13):
the market, which is good and all of this is
part of core Logic's Best to the Best for twenty
twenty four reports. So what have we got? Queensund despite
it going through the roof, Herne Bay in Auckland is
still the country's most expensive suburb average value of three
point three six mil. Arrowtown the only suburb outside the
top ten, sitting in a fifth with the median value
of two point three to nine mil. Most expensive house

(28:35):
sold was in Iraqi in Auckland twenty one point eight
million dollars cheapest household, though also in Auckland fifty thousand
for a two bedroom, one bathroom apartment also had an
eighty thousand dollar bill though to repair water damage amongst
other things. Best regions for growth were Blaketown in Graymouth, Caaikoda, Cobden,
which is also in Graymouth. In fact, Cobden has been

(28:56):
going gangbusters for five years now since where you want
to go growth of a hundred an eight point eight
percent in that time. Metoda and Southland had the highest
gross rent will yield at almost eleven percent, followed by
Wellington Central at nine percent. Whitford and Auckland had the
lowest rens will yield at only one point two percent,
and Auckland Central has the worst five year average value
rate at negative nine point one. And moving on from

(29:18):
that really quickly because nobody needs that on that Faery decision,
Just really quick explanation for what might have been going
on here, because you have been hearing rumors that there's
nine hundred million dollars for two fairies medium sized, blah
blah blah, and then they announced nothing yesterday. What may
be going on is that Nikola Willis has hammered out
the steal nine hundred million for two fairies, but they

(29:39):
don't have rail enablement, and so when he's asked if
he can try and get rail to the fairies for
the same price with rail enablement. Anyway, I talk to
Winston after half past seven sep. We can clarify that.
Don Braid, Main Freight next fine.

Speaker 2 (29:54):
The Breakfast show You Can Trust Canther Dup c Allen
on the mic hosting Breakfast the range rover Villa designed
to intrigue and use dogs.

Speaker 3 (30:03):
That'd be morning to you. So straight to that fairy
announcement yesterday that actually told us very little. It is
being reported this morning that actually there is a deal
to buy two fairies. Nikola Willis is hammered it out
sometime in the last year, but nothing's been announced because
Winston Peters first wants to see if he can strike
a better deal. First, Main Freights managing director Don Braid
is with us. Now morning Don, Good morning Heather.

Speaker 13 (30:24):
Don.

Speaker 3 (30:25):
Now if this is the case, if it is true
what's being reported, then probably what's going on is Winston
still wants to try and find some fairies that are
rail enabled. Is that important to you to have them
rail enabled?

Speaker 14 (30:36):
The railed enabled, rail compatible to play on words, isn't it?
At least they're acknowledging that rail has a role to
play in the movement of freight across the country. And
I think the other good thing is to have a
Minister for Rail is a good thing. We at least
they've got someone inside the government that thinks about rail,
that is happy about using rail and investing in rail,

(30:58):
whereas previously you have to say that they're all road focused.

Speaker 3 (31:02):
Were you expecting a little bit more than we got
yesterday though?

Speaker 14 (31:05):
Oh yeah, of course we were. And you know, will
we find that the March's deadline will come and go
as well? Likely? I mean, I think it's sort of
the behavior of this current government that things are delayed. However,
I mean, if what you are saying is right, that
they have actually managed to do a deal, will then

(31:28):
there is at least a plan in place and they're underway.
That's a good thing.

Speaker 3 (31:31):
Yeah, and we're still having to wait another five years
until twenty twenty nine to get these bad boys on
the water. How do you feel about that?

Speaker 1 (31:39):
Oh?

Speaker 14 (31:39):
Yeah, but it was always going to be that case. Anyway,
I think it was going to take some time. And
can we rail a confident that they think they can
get this current lot through to twenty nine with the
investment that they're making and maintenance, so you know, and
if you read between some of the lines in terms

(31:59):
of Nikola Willis's announcement, you know there has been a
lot of work done supposedly with shipyards saying that they
can get these things in place by twenty nine. Well,
if that's the case, then at least we know that's underway.

Speaker 3 (32:12):
Imagine yourself as the Minister of rail. What's your dream plan?
What would you buy?

Speaker 2 (32:18):
Oh?

Speaker 14 (32:20):
I mean, I think the mistake made by Kiwi Rail
is that when those costs ballooned out to three or
whatever it is, four billion, they should have rethought the
process and you know, taking a step back and gone
to something that's more efficient. But we certainly need rather
than this country, I'd be investing in below the line
and making sure that above the line the thing makes money.

Speaker 3 (32:41):
You're good to talk to. You don't always is, Thank
you very much, Don Brad mainfre It's managing direct down
by the way. Winston Peters is with us after half
past seven. It's ten past Heather do for see Ala
drug use has skyrocketed in the last few months. The
latest wastewater samples and quarter three of this year show
that New Zealand is using more than twice as much
meth as the same time year, so it's more than
doubled and cocaine use is also at an all time high.

(33:04):
Drug Foundation Executive director Sarah Halber's with us morning, Sarah,
good morning. What's happened? Why are more? Is it a
case of more people using the drugs or the same
number of people using more of the drugs?

Speaker 6 (33:16):
Yeah, with cocaine we have had an increase and then
number of people consuming it. But with messamphetamine we don't
believe that has been the case. So we obviously the
wastewold only tells us how much has been consumed. We
have to look at other data sources and our own
networks and what we're anecdotally hearing hasn't been a growth

(33:38):
in the number of people consuming this. So this is
a small number of people potentially consuming a lot more
of it.

Speaker 3 (33:45):
Well, I mean, if you've got the same number of
people doubling their use, that means some people are going
to get very sick, doesn't it.

Speaker 6 (33:51):
Yeah, we are really consumed that we'll be seeing a
very acute harms, hospitalized sessions, psychosis, heart health is juice
and our growth of addiction. Both of these substances represent
our more sort of harmful and addictive end of the spectrum.

Speaker 3 (34:10):
Why is this happening, Sarah? Because I would have thought
that in a recession, actually we can't afford as much,
so drug you should go down, shouldn't it.

Speaker 7 (34:17):
Oh?

Speaker 1 (34:18):
Well, two things.

Speaker 6 (34:18):
There's been a massive increase in global supply, particularly in cocaine.
They've been a lot better at producing cocaine as a
way of getting around our sort of ban and police approach.
And with them fetter men, I understand there's more supply
chains and unlike other markets we say prices rejuice and

(34:40):
actually there's a wed thing that can happen. I mean,
I'm drawing some conclusions here, but with them better men
suppresses appetite. So also, you know, for people who are struggling,
that actually might have a reverse impact.

Speaker 3 (34:53):
Yeah, all right, Hey Sarah, thanks very much. Sarah, help
Drug Foundation executive director.

Speaker 1 (34:57):
Get a dupe.

Speaker 3 (34:59):
You've listening this week, You'll know we've been talking about
the banks a fair bit because the banks have been
busted being the old moral police, self appointed, haven't they
of late? Now, one of the things that we were
talking about was the fact that the B and Z
has decided not to open accounts for a couple of
ladies who are running a business. And the reason they're
not going to open accounts for a couple of ladies
running a business is because these particular ladies run a

(35:21):
sex toy shop and apparently the B and z's got
a massive problem with that. Now, the B and Z
went before the Banking Inquiry, the Select Committee yesterday, as
all the banks, the major banks are doing and it
was their turn yesterday and they admitted this is the
CEO admitted that it was the wrong thing to do
to refuse these ladies accounts. It blamed the computers, so
it was the computer's problem. Said, we've got an automated process.

(35:43):
This is our online processes to make it simple and
easy to onboard customers and sometimes we need to have
a bigger conversation with them. But in that case we
didn't get it right, and sometimes we don't get it right. Now,
I mean, whatever, blame the computers if you want to,
but the computers are set up to say no to
the sex toy businesses anyway. Anyway, because of all the publicity,
BNZ is now ashamed of itself and it's been in
touch with the girls to try to fix the situation

(36:05):
and open accounts for the girls. The trouble is everybody
else has been in touch with the girls as well,
haven't they. So west PAC's been in touch a and
z's been in touch and the girls by the like
of other looks of things quite like the look of Westpac,
So I think they're going to go with Westpac on this.
So BNZ has completely lost that one. So don't be
going to be in Z by the looks of things,
if you're running anything with the word is ex in
your business anyway. Also, don't forget BNZ has been busted

(36:30):
with the gas stations, and we talked about that yesterday.
But asking the gas station owners to pay back all
the money that they owe them in six years and
I've got an explanation for why that is. And you're
going to be fascinated by this. We'll deal with it
in the next half hour or so. Fourteen past seven.

Speaker 2 (36:43):
The Mic Asking Breakfast Full Show Podcast on iHeartRadio Howard
by News Talk set B.

Speaker 3 (36:51):
Somewhat unbelievably, this is a quick update on that Chap
who is accused of shooting the healthcare insurance CEO in
the States. Somewhat Unbelievably, he's actually planning to plead not
guilty to these charges, despite the fact that I mean,
you know, everybody's made up their minds and I think
he's the guy. Anyway, he's going to have a bit
of it. He's going to be pushing it uphill by
the looks of things, because police have also found a
positive match between his fingerprints and then also the fingerprints

(37:14):
at the scene. Never mind the fact that he looks
like the guy did the shooting, and he's also had
a gun in his possession. But anyway, best of luck
to him trying to defend that one. Seventeen past seven.
Now it's launch day for Microsoft. They've got that big
Hyperscale data center. The thing costs more than three hundred
million dollars to build. It's out in West Auckland, and
Microsoft reckons it's going to help upscale more than one

(37:34):
hundred thousand workers here in New Zealand. Now, Vanessa Sorenson
as the managing director of Microsoft in the country, have Vanessa, Hello,
how are you well? Thank you. What's the benefit of
having this thing actually in New Zealand because the Internet
is sort of borderless, right, so does it make the
cloud faster for us or something like that?

Speaker 15 (37:50):
One percent no latency. It's basically going to supercharge the
country's digital transformation and it's going to help accelerate that
enhance date a red evidency, security and compliance.

Speaker 3 (38:02):
And so how long have we got before we max
it out and we need another one?

Speaker 15 (38:06):
No one needs to worry about that. We've certainly built
robust with you know, ten to twenty years in mind
and saying that New Zealand is an incredible country to
invest in. And so we have brought more land to expand.

Speaker 3 (38:19):
Now you have Bootball land to expand what like, Yeah, adjacent, it's.

Speaker 15 (38:24):
Never adjacent, but certainly within the region. And yeah, we're
just because of the incredible contract with Contact Energy and
the sustainability angle. Using geo thermal is just another incredible
opportunity as more and more businesses want to move from
unsustainable infrastructure into incredible, reliable, sustainable infrastructure. So, yeah, it's amazing.

Speaker 3 (38:48):
I was going to ask you about the power because
these things are really power hungry a and we are,
i mean incredibly short of power weirdly in New Zealand
at the moment. So have you got yourselves a good
deal locked in?

Speaker 15 (38:58):
We certainly have. So we've just we've signed a ten
year contract which is basically with us doing that, it's
enabled Contact Energy to invest by expanding a tie hooker
a three power station so they can generate fifty one
point four megawatts of reliable and renewable energy throughout the year.
So what I'm what's incredible about this? It's you know,

(39:21):
it has been our mission to replenish more water and
than it consumes. And our data center will be the
first or be one hundred percent water free as well.
So you know, not only is it going to be
the most sustainable where we're putting energy back on the grid,
but it's highly highly sustainable. So incredibly proud of this.

Speaker 3 (39:41):
Why do you choose to base yourselves in west Aukland
Because I can't imagine that that is cheap land.

Speaker 15 (39:48):
Look, it's all about ensuring that it's not in a floodplaine,
that it's not you know, we're a very movable country
in terms of earthquakes and the like. So certainly before
I was able to anounce this incredible investment four years ago,
we had a team scouting New Zealand for a good
eighteen months to work out the best location access. You know,

(40:09):
we look at everything about even making sure you can
get to it if something happened to motorways and things
like that.

Speaker 14 (40:15):
So there's a real art.

Speaker 15 (40:16):
And science to where we decide to purchase land.

Speaker 3 (40:20):
Oh I see, okay, all right, now, explain to me
how this is going to benefit one hundred thousand workers.
How does that work?

Speaker 15 (40:27):
Well, I mean, look at the acceleration right, we're certainly ai.
I mean that wasn't even in the picture when we
when we look launched that we were coming. But it's
just we've seen this in every single country that we launch,
and I think this is what our opportunity is for
New Zealand using it to upskill and so we're investing
a lot of money and training and enablement. I'm very

(40:50):
proud of our ten k Women initiative, which was.

Speaker 14 (40:53):
Over a couple of years.

Speaker 15 (40:54):
We wanted to basically have ten thousand women be accredited
consider a role in tear earn more money and that's
been incredible. So now we're going to extend that to
one hundred thousand learners by twenty twenty seven.

Speaker 13 (41:07):
We're just going to be.

Speaker 15 (41:08):
Free certification training. You can go up to certain levels,
and we feel that then there's more high powered, paying
jobs basically for people. So it's really what we have seen.
And an IBC report basically stated that you know, this
cloud adoption is going to be twenty three point nine
billion in revenue for New Zealand, which is about six

(41:31):
percent of GDP, and they said it will create about
one hundred and thirty four thousand new jobs across cloud
adopting organizations and service providers.

Speaker 3 (41:39):
Brilliant stuff. Hey, Anissa, thanks for running us through it.
Sounds incredible. Vanessa Sorenson, Microsoft New Zealand Managing Director, let's
talk about Saudi Arabia next seven twenty one The.

Speaker 2 (41:49):
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Speaker 1 (42:56):
Hither dupic allen seven.

Speaker 3 (42:59):
Now as I was telling you earlier. As expected, Saudi
Arabia has been announced as the hosts of the twenty
thirty four FIFA of Football World Cup. Not at all
a surprise. Everybody knew this was going to happen. Critics
are already they were getting ready to lose their minds,
and they are losing their minds. They're accusing FIFA of
sealing perhaps the most craven sellout in the history of sport.

(43:19):
They're angry because FIFA signed up a country that's accused
of killing the Washington Post journalist Kamal Jamal Kashogi, of
treating its women terribly, not even being known as a
nation for football, et cetera, et cetera. You know, the
usual stuff that you would throw at a country like
Saudi Arabia. And FIFA is not making this any better
for itself because it's behaving like it's actually wildly embarrassed

(43:39):
by the decision that it's just taken, because it announced
the decision but nothing else. Will not take any questions
on it, no press conference, no explanation for the how
they came to make this call, and basically that's it.
We just have to take the news now. Despite all
of this, I am actually okay with this decision because personally,
if there's one thing that the HUKA and the all

(44:00):
Blacks told me a few weeks ago is that I
really do prefer my sport to be completely devoid of politics.
I don't know about you, but I feel like there
is enough tension and friction in everyday life, especially at
the moment right with an increasingly polarized Western world. I
just want to break sometimes. I want to sit down
to watch a game of footy, whatever kind of footy
i'm watching. I just want to break from politics. And
this would be a break from politics. It's got nothing

(44:22):
to do with it right now. I'm not saying that
hosting this event in Saudi Arabia will necessarily be a success,
because if the example of Katar a couple of years
ago is anything to go by, might not be right.
The fans found out at the last minute they couldn't
drink the beers in the stadium. Hardly any fans actually
turned up on the numbers that we were expecting, so
it might be a complete bomb. So maybe the decision
in the end is a bad decision, but not for

(44:42):
political reasons. Political reasons, I'm increasingly of the view politics
should not factor in sports decisions like this at all together.
Du for see Ellen right, the Fairies decision. We're going
to have Winston Peters with us after half past seven,
and I'm going to explain to you. You might have noticed
that the price Labour's price for the fairies has gone
from three billion to yesterday we find out four billion.

(45:04):
There is a good explanation for that, and I'll get
you across all of that, and then we'll discuss the
b in set as well. News talks, head by.

Speaker 2 (45:22):
The News, Bold opinions. Heather due to see Allen on
the mic asking breakfast with Bailey's real estate, your local
experts across residential, commercial, and rural.

Speaker 1 (45:32):
News talks head b.

Speaker 3 (45:34):
By the Way, Julia Dean's of Fur Patrol with us
after eight on a tour. She's just wrapping up at
the moment. It's twenty three away from eight.

Speaker 12 (45:41):
Now.

Speaker 3 (45:41):
We have waited a year for the fairies decision, and
it looks like we're going to be waiting quite a
bit longer because we got very little yesterday. No fairies,
no price, no decision, by the looks of things. The
new Minister for rail we did get that is Winston
Peters and he's with us now morning. Winston, good morning,
So what's going on? Why no decision yesterday.

Speaker 8 (45:59):
The reason for that is that we inherited coming back
into government in twenty twenty three an unholy mess where
the costs were blowing out to three point two billion
and rising to where Treasury said four billion, and then
you had all the other uncertainties as well, and the
massive infrastructure costs was eighty percent of the whole deal.

(46:20):
So that was not the project that they were charge
was doing when I was last Minister of Railways, and
so this was a circumstances that took some time to
try and unravel. But here we are set to go
now and very very shortly we'll announce what the long
term future will be. But what we want is efficient,
effective transport systems in this country and the ferry operations

(46:46):
in the Cork Strait are critical to that.

Speaker 3 (46:49):
Okay, So is it the case this has been reported
this morning that Nikola Willis has actually hammered out a deal.
But those fairies are not rail enabled and you want
a chance to try and better her deal? Is what's
going on?

Speaker 7 (47:01):
No?

Speaker 3 (47:02):
Has she hammered out a deal? No, there is no
deal with Staina Roro third time? No, So where is
the nine hundred million dollars coming.

Speaker 8 (47:12):
From then, Well for somebody doing guesswork and being repeated
by the mainstream media, it's sad to say, I hope
you don't repeat it because it's not true, it's not accurate,
it's not based on anything at all.

Speaker 3 (47:23):
Is that your fiscalo?

Speaker 7 (47:26):
Sorry?

Speaker 8 (47:26):
And I can't understand why these sorts of shiveleths get
so much airtime.

Speaker 3 (47:31):
Is that how much money she's given you?

Speaker 14 (47:33):
Though?

Speaker 3 (47:33):
Has she said a fiscal envelope said you've got nine
hundred million and you can go away and do with
it what you will.

Speaker 8 (47:39):
I find this question in extraordinary either. Probably some claimed
insiders have been telling you that, but that again is
not true.

Speaker 3 (47:48):
No, I mean this has been widely reported by multiple
different media outlets.

Speaker 8 (47:53):
Well that's the point, the wider it gets reported, if
it starts off of as a piece of shibleth or
shipleth or a deceit or by, it just carries on.
But you know, and we've got to do better.

Speaker 3 (48:02):
Well to tell us how much money you've gotten? Sit
it right?

Speaker 14 (48:07):
Well?

Speaker 8 (48:07):
Now, why would I possibly do that? Given that we've
got to look at all aspects of this, including protect
potential rescue boats in the Sound so to speak, or
in the cook straight because all this infrastructure has been
let go all the time, and here we've got a
massive job in front of us, and to rush out
and say what we're going to do is start saying

(48:28):
what we're going to buy them for is to set
the bottom price from which the ship builders will start
increasing their profits. And we're not going to make those
city mistakes because it's bad business.

Speaker 3 (48:37):
But don't you think they're going to do that anyway?
I mean even at let's say you're negotiating with the
Sweet Dish guys, is that just going to hit the
Google and find out that there's nine hundred million to
play with?

Speaker 8 (48:47):
Well, they can hit the Google as long as I like,
but they won't be finding as nine hundred million. Okay, Okay,
I just told you that. I told you that three
times and you're repeeding it for a full time. See
what's wrong with the Zillers media here? You just go
keep on reporting a total crap.

Speaker 3 (49:00):
The more indignant you get, the more I believe that
it's the truth. I'll tell you're winstea.

Speaker 8 (49:04):
Okay, Okay, no, no, You'll have plenty of time on
the Official Mation Act in the future to find that
whether I'm saying.

Speaker 7 (49:09):
Or not true.

Speaker 8 (49:10):
And when you do, can you please go on the
program and say I'm so sorry, Yeah, I'm aligned, Winston.

Speaker 3 (49:14):
Go do that, I will Winston explains something to me.
Then if you haven't, if Nikola hasn't been hammering out
a deal that you want to better, what the hell
have you guys been doing for a year.

Speaker 8 (49:25):
Well, look, we got hold of a program that I
commissioned in May of twenty twenty, which was to be
four hundred point one million dollars.

Speaker 3 (49:35):
Yeah, but you can hear ago Winston. You guys have
had more than enough time to come up with something
better than this.

Speaker 8 (49:42):
Well, when you say we can canceled a year ago
trying to unravel those things, we took a bit of time,
I admit us taken too longer. But we've been the
job just now less than one day. Here's a chime,
so we'll show you what we can do as we
did in past times on when we're running.

Speaker 3 (49:57):
But this makes no sense to me. Okay, so you
can or something. It's literally almost to the day. You
canceled something in on about the fourteenth of December last year.
So why did you guys, not immediately go out to
the market and see what you could negotiate to be
able to announce in December twenty twenty four.

Speaker 7 (50:14):
Well, that's not the way.

Speaker 8 (50:15):
If I was in charge of it, I'd have done
anyway for a start, because what are you going to
do is find out from all sortss what is the
best option, the best price, for the greatest level of
efficiency and the greatest level of longevity. But I was
hearing so much going on. They were talking about the
current fairies being one out of time that they've expired,
the used day by their use by data that expired.

(50:36):
All that was total nonsense. Their use day by data
is way beyond twenty twenty nine. It's a question of
proper maintenance.

Speaker 14 (50:43):
All right.

Speaker 3 (50:44):
Now, what's the break fee that we're going to pay
the South Koreans.

Speaker 7 (50:48):
The break feed?

Speaker 8 (50:49):
Yeah, well that's in commercial and it's confidential. It's confidential.

Speaker 3 (50:56):
Why is it confidential?

Speaker 8 (50:58):
For a whole lot of reasons why it's confident? And
Minister Nicholas told you all that.

Speaker 3 (51:03):
But give me one. Give you what give me a
reason why it's confidential?

Speaker 8 (51:09):
Oh, well, do you know something about simple commercial practice?
Feel about business and ethics. Do you know anything about
commercial practice? That's why it's confidential.

Speaker 3 (51:16):
You have a deal, you break the deal, they will
have written in the contract if you break this steal,
this is how much you pay. So how much do
we pay?

Speaker 7 (51:23):
Which law school do you go to?

Speaker 3 (51:26):
You don't have to go a law school.

Speaker 8 (51:29):
You're daughter to your lawyers does nothing about business.

Speaker 3 (51:32):
This lawyer can't even give me a reason why it's confidential.

Speaker 8 (51:34):
You're never going to get an answer to please go
back to something that makes them.

Speaker 3 (51:38):
I don't accept that, Winston. I don't think that's good enough.
I just think you guys don't want to tell us
because it's embarrassing to you how much you're having to pay,
and you should tell us because it's our money.

Speaker 8 (51:47):
Is this embarrassing for the country. You're quite right, it's
massively embarrassing that they went out there, the blabbor government
blew the whole thing out, tossing money around like eight
armed doctor pist that done. Boats were only twenty percent
of the cost. The other very eighty percent infrastructure about
which they told me.

Speaker 3 (52:02):
I want to thank you guys. I think you're in
a position to be throwing stones at the moment I
mean you went and canceled the contract.

Speaker 8 (52:07):
Yes I am, Yes, i am, because I'm the guy
that sent them out book they find two boats for
four hundred one minute.

Speaker 3 (52:12):
Winston's coming from nobody else. You're the guy who starts
the deal. Then you end up with a new government
canceling the deal and trying to fix the deal in
a year later, we still didn't have an announcement.

Speaker 8 (52:22):
So it's right, it's out the pardon between I'm the
guy that started the deal. Yes, but they didn't do
the deal that I asked. And do they ends up
in twenty twenty one buying these two fairies with enormous
cost of infrastructure heading towards four billion dollars according to
Treasury and rising. And you're telling me it's embarrassing. Of
course it's embarrassing. It's embarrassing to all of us. But

(52:43):
I'm here to fix it, and I'm going to fix it.

Speaker 3 (52:45):
You're usually the guy who battles for the for the
little guy, and you're you're you're the guy who always
tells us when need transparency. So where's the transparency on this?

Speaker 13 (52:52):
Then?

Speaker 8 (52:53):
Oh it'll be out there like as clear as daylight.
Brittain as the stars. When I get the the solutions
out there, you'll know all the facts. You'll know everything
about the nuts because it's not a negative story that
you want to be on the program.

Speaker 3 (53:04):
Now, when David Seymour said it's going to be roughly
the cost of the I rex, are we talking about
the I rex at four billion or three billion? Which
means that you guys are going to run up a
bill of one and a half.

Speaker 1 (53:13):
To two billion.

Speaker 8 (53:14):
I've I've got no idea why he made that comment,
because now that's true.

Speaker 3 (53:17):
Well, he's sitting around the cabinet table, so he knows
what's going on, isn't he what you asked him?

Speaker 8 (53:21):
I had made it because on last night I saw
my on TV denying it. He used the word he said,
he said he used the word approximately, and approximately could
mean a huge approximation. That was different from what he said.
You know, that's so why are trying to put you
on the program? Asked me about it?

Speaker 7 (53:34):
Now?

Speaker 3 (53:34):
Hey, listen, have you guys even factored in how much
you could because the vast majority of the cost of
this thing is going to be the port upgrades. How
much is that going to cost us?

Speaker 14 (53:43):
Well?

Speaker 8 (53:43):
Who said that was true.

Speaker 3 (53:45):
You said that was true. I mean the fairies were
five hundred and fifty milis.

Speaker 7 (53:48):
I didn't know that was grades.

Speaker 3 (53:49):
They're going to be about two point five Bill Heather.

Speaker 8 (53:52):
Heather, Yeah, hush us for a second. That's what the
program that I inherited looked like. Yes, we're the costs
were eighty percent of we're on the infrastruction.

Speaker 3 (54:01):
That's what I'm quoting back to you.

Speaker 8 (54:04):
You know, I've never seen so much rudeness, so much
trying to explain to you a critical issue costing so
much for the taxpayer, and you're interrupting. Here's my point,
it'll cost way way less than that on that, on
which I'm certain based on what well, based on simple experience.

Speaker 3 (54:16):
No, that's all I'm asking you is how much is it?
Because we still have to do the port upgrades right
because they are dilapidated.

Speaker 7 (54:22):
So how much?

Speaker 14 (54:23):
No?

Speaker 8 (54:23):
No, again again again that's not true. I mean, you've
got all sorts of people out thinking, well, here's my
chance now to milk the tax path for all I can.

Speaker 7 (54:32):
I know you don't.

Speaker 8 (54:33):
Our job is to be responsible with the taxpayer's money
as we are about our own.

Speaker 3 (54:37):
And that's what we're going to do okay, Winston. When
do we get the final decision from you guys as
the second half of next year?

Speaker 7 (54:42):
Is it.

Speaker 8 (54:44):
Just as soon as we can responsibly make it okay?

Speaker 3 (54:46):
Hey, thanks for your time and best of lock.

Speaker 8 (54:48):
You hang on, You hang on here because it helps
on its way.

Speaker 3 (54:52):
Jeez, I feel like I'm waiting a long time for
that help. Winston, thanks so much, look after your stuff,
Enjoy your day, Winston, Peter's new rail minister. I still
don't know what they've been doing for a year. Thirteen
Away from Mate The My.

Speaker 2 (55:04):
Casking Breakfast, a full show podcast on iHeartRadio powered by
News Talks, a'd be heither?

Speaker 3 (55:10):
Do you feel like you've been told by Grandpa Crandpa
to go and sit in the naughty corner? After that?
Here the hush up for a second, Literally the best
interview all year. I'm cracking up in the cow shed
morning here that I just love Winston. He cracks me up.
Long may he live and so it goes. I think
after talking to Winston, we're all far less concerned about
the fairies, aren't we, Because we say it's just it's
just a good old time around the cabinet. Table. If

(55:33):
you're wondering where the four billion dollar price tag came from,
because yesterday everything changed, well not everything changed, but the
narrative on this thing changed. Because we'd been told that
Labour's project was going to cost three billion dollars, and
then yesterday they started repeating this number. This was Nicola
Willis started repeating this number, four billion dollars, four billion dollars.
We got in touch with them and we're like, where
did this four billion dollars come from?

Speaker 4 (55:52):
Me?

Speaker 3 (55:52):
You're just making this stuff up. So no, no, no, and
they sent us the documents and bang on. So May
twenty twenty four there is and a for Information at
Request that is released.

Speaker 7 (56:02):
Now.

Speaker 3 (56:02):
I'm not entirely sure when this was written because obviously
May twenty four, June twenty three, thank you, So May
twenty four, we've already got the new government in, but
it was written June twenty three, when the last government
were in. It was written for Grant Robertson, Duncan Webb
and David Parker, and it's telling them how much, basically
giving them an outline of how the project's going to
play out, and it says, based on international benchmarking, the

(56:24):
cost overrun for similar projects is so much, and we're
already heading so much. And on this evidence, the total
cost of I REX could approach four billion dollars. So
we were not even start. We weren't even touching the
sides of how bad this was going to get with
three billion dollars. Even so, anyway, when David Seymour says
it's approximately half, you could be factoring in somewhere between
one and a half to two billion dollars for how

(56:45):
much we're going to end up paying on this one.
Nine away from.

Speaker 2 (56:47):
Mate Heather Duplessy Ellen pond done by costing breakfast with
the range Rover, the LA News.

Speaker 3 (56:53):
Talk sad Be morning here. The spreading misinformation about the
fairies might have been designed to get more information out
of Winnie, but you should know he's two wives for that. Listen,
let me just give you a little heads up on
what's going on. Something very funny is going on here
in the coalition because they announced nothing yesterday, right and
then all of a sudden, and you probably weren't watching
closely enough to see this, but I was both TV

(57:15):
news channels last night and ourselves here at news Talk
z'd be started reporting that actually there was a deal
that was and it was kind of like vaguely referenced,
but that there was a deal that had been hammered
out by Nikola Willis and Winnie p has just been
given a chance to try and better that deal. Now
that you do not need to be a rocket scientist
to figure out is coming from the National Party. They're

(57:36):
trying to make themselves look good by saying, don't worry,
Nicholas already got a deal stitched together. The reason we
didn't announce anything is because Whennie needs a bit of
time to just see if he could get some rail
on there or something. So something weird is going on
because this has obviously been held up. The Nats are
saying they've got a deal when he just told us
they haven't got a deal, and everybody's blaming David Seymour
as well. You know that's being reported as well. There's
some weird tensions around this. Just keep an eye on

(57:58):
it because I don't think it's a happy camp around
the cabinet table, which is why we're getting a weird
information from the various parties. But anyway, it'll flush itself
out over time. On that business that We've been discussing
on the show this week about B and Z, right,
and this is the gas telling the gas stations they
have to pay back all their debt in six years
because bn Z doesn't want to lend to gas stations
because you know, climate change. Awkward. B and Z was

(58:19):
before the Parliamentary Selectmmittee, as I told you yesterday, and
the bank's boss, Dan Huggins said, no, it's totally cool,
totally cool what we're doing because we're not going to
need petrol stations in six years.

Speaker 18 (58:29):
We would expect that we're going to see conversion to
electric vehicles demand change for fuel services. So therefore we've
said lot we we think we've got enough exposure in
that space and don't want to increase that exposure.

Speaker 3 (58:42):
So if you take him to what he's saying, then
what he's saying is we're not going to need petrol
stations in six years, so we don't have to fund
them anymore. But is that is that realistic? Because I
had a look at the numbers. Let me just give
me the numbers. I'll give you the numbers because Dan's
numbers guy s he's a banking CEO. Right, We've got
four point nine million cars in New Zealand that don't
need a gas station are the ones that are battery
electric and plug in hybrids. They make up two point

(59:05):
four percent of our fleet. Two point four percent of
our fleet, So ninety seven point six percent of our
cars still need gas stations, and I don't feel like
that's going to change in the next six years. What
do you think. I did the numbers at the rate
that we're buying the plug in hybrids and the electric vehicles,
by twelve hundred of them roughly in a month, right
so November we bought twelve hundred of them. It would

(59:27):
take us roughly three hundred and thirty five years to
replace all of the vehicles that require a gas station.
So I don't know about you, but I feel like
Dan might be overly optimistic about the rate of uptake
with the electric vehicles. What do you think? Anyway? I'm
looking forward to seeing how this is playing out, because
I don't think it's going to go well for beanst anything.

(59:47):
A bit of pressure on this.

Speaker 2 (59:50):
Demanding the answers from the decision makers. Can the duplessy
Ellen on the mic asking breakfast with a vida, retirement, Communities,
Life your way us.

Speaker 3 (01:00:00):
Talk see pill with Last State. Now it is the
final day tomorrow for this year's Come Together the tour now,
but Come Together Tour as something that's happened for the
last four years and it's basically a supergroup of most
of our well most well known rock as. We've got
Milan from Pluto, got John Too Good from Chehad and
of course Julia Dean's from Fair Patrol who was with

(01:00:22):
me now morning, Julia Moana, how's the tour going?

Speaker 13 (01:00:29):
I've seen these shows are always just so joy, pure
joy that hang out with a good bunch of people
and singing amazing or not playing amazing songs.

Speaker 3 (01:00:42):
Yeah, it just does sound like a good bunch of people.
I mean, is it like it's probably not intimidating to you.
Sounds intimidating to me to be playing with these people
because they are some of the best musicians we have
in the country. Right.

Speaker 13 (01:00:51):
They ain't here without a doubt, I think. I think
the first time I turned up was definitely a little
bit oh, how is this going to go? You know,
you always have a little bit of trepidation about how
things pan out when you were working with walking, not
working walking into a different situation, you know, even you know,

(01:01:13):
I have known most of these people, a lot of
these people for years.

Speaker 3 (01:01:18):
I thought, I love what you guys are doing.

Speaker 9 (01:01:20):
This year.

Speaker 3 (01:01:20):
You're doing what is it? The top twenty rock songs?
Is it of all time?

Speaker 13 (01:01:26):
Did you hear what?

Speaker 3 (01:01:27):
Side?

Speaker 13 (01:01:28):
There's more, There's more than twenty twenty five. We are
to a vote because the show has been running now
for five years, and so it's built up with you know,
the series has been running for five years, that built
up a really loyal following, and we've put out a

(01:01:52):
question to the our followers to tell us their top
five rock songs at all time, and so that's how
we now and then the list of ten was chosen
from those votes that so that will be our second
set and the first set. It's also songs that have
been performed in previous you know, from previous albums that

(01:02:15):
we've done. And Joel and Joel who are in the
Joel Nold Holland and Simon is our ouber boss. They
kind of have the final day on everything, and I
think between them and I think the band had a
bit of a vote as well on which songs they

(01:02:37):
also wanted to play. Story if my cat is in
the background.

Speaker 3 (01:02:41):
Julia, Have you taken your cash on tour with you?

Speaker 13 (01:02:45):
No? No, no, I'm in Auckland.

Speaker 3 (01:02:48):
Oh thank god, because I was just saying that's that's unhealthy.
But so you you're in Auckland at the moment and
then the final the final shows in Wellington tomorrow night.
Is it so you'll go down leave the cat behind?

Speaker 1 (01:02:59):
Yeah?

Speaker 8 (01:03:00):
Yeah.

Speaker 13 (01:03:00):
Unfortunately we only ever do Auckland, Wellington and christ Church
with this. It's such a big production. It's hard to
kind of find the right news. But you know, all
of us would love to be able to take it
on the road.

Speaker 3 (01:03:15):
Tell me what are the what are the top top
rock songs? Because I feel like this is controversial.

Speaker 13 (01:03:20):
Well, I don't know. You know, there's there's things. There's
some Pink Floyd in there. We haven't actually done a
Pink Floyd album yet, so maybe that is on the card.
When else there's Led Zeppelin, some Bruce Springs, then Fleetwood Mac.

(01:03:41):
It's it's kind of it's the classics, some Beetles.

Speaker 3 (01:03:45):
Which Fleetwood Mac song? Have you guys got in there?

Speaker 13 (01:03:48):
Oh we're doing the chain?

Speaker 3 (01:03:52):
Yeah, I can get on board with that. But is
this you guys saying that the Chain by Fleetwood Mac
is the best song by Fleetwood Mac, because that essentially
what you're saying, isn't it?

Speaker 13 (01:04:00):
Eh No, no, no, no, that's all subjective?

Speaker 3 (01:04:06):
Well exactly right. Is there anything that's made it into
this list, either by the random people voting or your
fellow band members that you've been like that? Is that Torgi? Anything?

Speaker 13 (01:04:17):
No? No, nothing, It's all yeah, I don't know. There
are songs and part of a collective musical. What's like,
you know, the genetics? I suppose things that you just
here have heard over and over throughout the years.

Speaker 3 (01:04:38):
We were talking yesterday on the show about Lulu doing
her jukebox. I don't know if you're aware of it.
This is Listenda doing the jukebox collection and stuff. And
I was thinking to myself when I was talking about
it yesterday, I was thinking, you know, if you've got
it like a body of your own work, which is
pretty amazing, why are you going out and doing other
people's songs? Is there something like? Is it more fun

(01:05:00):
to do covers?

Speaker 1 (01:05:01):
What is it?

Speaker 13 (01:05:03):
It's just different. It's kind of what's what's a good analogy?
It's like borrowing your friend's jacket. You know, you've got
wardrobe for the things that you wear all the time
and you love them and they're and you're great, and
you have your favorites and everything, and then you know,
you see your friend has this great court and you

(01:05:23):
just go, oh, that would be fun to wear for the.

Speaker 3 (01:05:25):
Night, except your friend is maybe I don't know, John Lennon, Yeah,
it's a really great jacket that you're trying off for
the nice Yeah.

Speaker 13 (01:05:35):
Yeah, those glasses a little round one. I see, they
do look good on me. But it's also it's how
I think of you know, when I think of doing covers,
they are usually you know, all describing doing covers, it's
it's something you have to wear it, wear them as
your own as well as paying, you know, to like

(01:05:55):
paying homage to the greatness of what the song is.

Speaker 3 (01:05:58):
Yeah, too right, You've got to kind of put your
own spin on it. You can't wear it like somebody
else does. Julia will take it break come back to
you and just to take Julia Dean's Who Is Worth
to Come Together Tour, which is gonna have his final
night tomorrow night at thirteen past eight.

Speaker 2 (01:06:09):
The Mic Asking Breakfast Full Show Podcast on iHeartRadio powered
by News.

Speaker 3 (01:06:15):
Talks at be Right, you're back at Julia Dean's of
Fur Patrol. Julie, give me your take on the on
how the music industry in New Zealand's going at the moment.
Because you've been around for a while, right, You've seen
it across the decades. Is it still strong?

Speaker 7 (01:06:27):
Yes?

Speaker 13 (01:06:28):
Yeah, Yeah, there's a lot of a lot of amazing
music out there and some you know, great people involved.
I think, oh god, this is it. This is a
broad subject.

Speaker 3 (01:06:41):
I will tell you why I was thinking about this, right.
I was thinking about it because there's a lot of
twenty five year anniversaries that are being marked at the moment,
twenty five years of you know, various things with she had,
twenty five years since you released your song Lydia, And
it kind of made me think that, I mean, look,
twenty five years ago, I was a lot younger, and
I was probably spending more time, more time at concerts,

(01:07:02):
but it felt to me like it was more vibrant
and there was more going on, and we were listening
to more Kiwi music back then than maybe we are now.

Speaker 13 (01:07:13):
No, Well, is that part of that whole nostalgia thing
as well, you know, those were such formative years. You know,
when you know, twenty five years ago, the age for
us was, you know, you view the world kind of differently,
I guess when you're in your twenties, and I think

(01:07:34):
there especially so many good young musicians and bands out
there at the moment, and I think the scene is alive.
I think it's it's different. It's a different world with
streaming and all those kind of you know, new like
social media platforms. I think when we were, you know,

(01:07:54):
twenty five years ago, there were very clear media outlets,
you know, in terms if everybody sort of saw the
same papers or the same stations. And you know, now
there's you know, so many more ways of reaching your
audience that it maybe seems a little bit more scattered.
But there's definitely, I don't know, there's.

Speaker 3 (01:08:16):
A lot, Julia. Remember we used to have music TV,
right and you go from school and you'd sit down
what was it called? Was it juice TV?

Speaker 13 (01:08:25):
Juice TV?

Speaker 3 (01:08:26):
Sit down, come come home from school, sit down, watch
the latest music videos. I don't know that the kids
are still doing that.

Speaker 13 (01:08:33):
They watched them on YouTube. But also, you know, the
music video isn't as powerful a tool as it used
to be. But because of that, people watch them on YouTube.
But I know a lot of musicians now when they
release music don't even bother with a full you know,
three full lengths music video because it's a lot of money.

Speaker 3 (01:08:56):
It is a lot of money.

Speaker 13 (01:08:59):
Won't get the same play.

Speaker 3 (01:09:01):
You guys are in like bang on the right cohort
at your age and given that you kind of had
your big moment about twenty twenty five years ago, because
what it means is that the people who you'll be
attracting to your concerts are like millennials and gen z
Is who've got all the money now.

Speaker 13 (01:09:17):
Right, I'm sorry, sorry I missed that.

Speaker 3 (01:09:22):
It was just meaning like the nostalgia thing that you're
doing at the moment is bang on because the people
that I'm imagining you're drawing people to your concerts who
are sort of like in that age bracket forty to
fifty with disposable cash. Oh and older and older.

Speaker 13 (01:09:36):
Yes, so a lot of the audiences boomers are the boomersing, yeah,
you have well, you know, coming out and these are
you know, the songs of being youth as well. So
if it's we get a really broad range of ages.
That's kind of what's cool about it because you get

(01:09:57):
the people who were there when the albums came out,
plus the end children and grandchildren who grew up listening
to those songs because they were playing in the house
and in the car and all of those things. All people,
you know, younger people have discovered them for themselves, so
it's it's good. It really does help everyone come together. Brilliant.

Speaker 3 (01:10:19):
So you've got last show Friday thirteen. What do you
do after that?

Speaker 13 (01:10:26):
Everyone's dispersing for the silly season.

Speaker 3 (01:10:31):
I guess two musicians get to take the summer off as.

Speaker 13 (01:10:35):
Well, oh feminem of them. Yeah, yeah, it just depends
what you are, what your jamma is.

Speaker 3 (01:10:45):
Brilliant stuff. Well, Julia, listen, thank you very much for
chatting to us, Beast of Like. I hope you enjoy
the rest of the tour, which is one more show.
That's Julia Dean's the lead singer of Food Patrol, who
is obviously with the Come Together Tour, which has been happening,
as I said earlier for about four years now. Supergroup
of News. You don't get a lot of supergroups in
New Zealand, do Yeah, eight twenty one.

Speaker 2 (01:11:04):
Either duplicyl on the my Cosking Breakfast with Bailey's Real
Estate news dog ZB.

Speaker 17 (01:11:09):
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Speaker 14 (01:12:00):
How good is that?

Speaker 17 (01:12:01):
Always read the label take on the as directed, of course,
but it's all from about health Auckland, so less does oil.
It is only from about health.

Speaker 1 (01:12:09):
Ever due for Cellen Hey.

Speaker 3 (01:12:10):
By the way, news is coming out of the US
is that the FBI director, Christopher Ray has resigned apparently,
and this was kind of there were a few reports
that were emerging this morning suggesting that he was about
to resign. He was going to do it at some
stage before Inauguration day, still at a month or so
before he had to do it. And basically the reason
he wanted to quit before Trump he got in is
because he was expecting Trump to fire him, and so

(01:12:31):
out he goes, no surprise. Eight twenty five. Now, I
said to you yesterday we were going to have share
on the show. Unfortunately Cher wasn't able to come on
the show today for very good reason. Cher has been
evacuated from her house because of those Malibu fires which
are burning. I checked them this morning. To be fair,
you're getting you're getting an update that's a couple of

(01:12:53):
hours old. But last I saw they were still burning
that out at about twenty seven hundred acres had been
ripped through by the fire and had taken down seven
struck And it's all because of the high winds and
all that kind of stuff. So it sounds like it's
going to go on for a while. But anyway, this
is where all the celebs live in Malibu, and so
she's not the only celeb. Poor old Dick Van Dyke,
who just did the video the other day with Coldplay,
he's had to be evacuated. He doesn't need that. He's

(01:13:14):
ninety nine, and he took all his pets, but he
left his cat Bobo behind, so that's going to be
distressing to him. Also living in the evacuation zone, so
you can presume, you can presume also being evacuated as
Lady Gigar, but also Beyonce and jay Z, And let's
be honest about it, they don't need it either, do they.
Lady Beyonce and jay Z do not need a fire

(01:13:34):
evacuation at the moment, given they are already dealing with
the sex claims against jay Z. There's a lot going
on there anyway. So with Cher, we're going to try
and have a chat to her when she gets back,
gets back into her house and thoughts and prayers to her.
Hopefully that happens very very soon. I don't know if
you've seen this. I'm gonna give you a quick quick
rundown on this one. We've still got a bit of time.
We do the you know how we do the literacy

(01:13:55):
and numeracy test for the kids and stuff like that.
We've also been doing them for the adults across the
the developed world, and New Zealand adults have stopped being
able to read and write properly. And I thought that's surprising,
but now we know why. It's because the dudes. New
Zealand men are behind the slump. Apparently, apparently men's average
literacy school in this country dropped by twenty seven points,

(01:14:15):
which is only beaten. It's such a big drop. It's
only beaten by Poland and Lithuania. And it's not And
this is what I don't understand. It's not the young guys.
It's not like the guys at school. It's the adults
from twenty five to forty four. The men in the
age break of twenty four to forty four are the
ones letting us down the most can't read anymore. How
do you explain that? Got the headlines coming up next?
Then we're off to Rod Liddle NEWSTALKSZDB.

Speaker 2 (01:14:50):
You're trusted source for news and views, Heather Duplessy Allen
on the mic asking breakfast with the range rover villa
designed to intrigue use Tom's dead b.

Speaker 3 (01:15:01):
Hey, it looks like Donald Trump is going to be
named Times Person of the Year. Three different people connected
to this decision have told Politico over in the US
that he's going to get it, and Elton John has
been named the pop Icon of the Year twenty three Away.

Speaker 2 (01:15:15):
From nine International Correspondence with Ends and Eye Insurance, Peace
of Mind for New Zealand business.

Speaker 3 (01:15:22):
Rod Little out of the UK's with us, Hey, Rod, how.

Speaker 9 (01:15:25):
Are you doing? That's a bit late with Elton John,
isn't it. It's been a pop icon since I was ten.

Speaker 7 (01:15:33):
You do hope it's not.

Speaker 3 (01:15:34):
The first time. It's sort of just come around, maybe
because I don't know, I feel like a lot of
since the sympathy vote, he's gone out. He said, I
can't see anything anymore. Then go on, better give it.

Speaker 9 (01:15:42):
To him now, you know, but probably quite possibly yes, Hey.

Speaker 3 (01:15:47):
So what's the deal with the puberty blockers?

Speaker 9 (01:15:50):
Well, this is very important. I mean, this is a
case which, of course an enormous furor you know, has
been in this country, but for some time given that
we had a Tabistock gender clinic, the Tavistock Clinic, which
routinely transitioned children as young as three into a different

(01:16:11):
sex by giving them puberty blockers, also by using surgery.
The lawsuits are coming now from people who attended to
Tabstock clinic, given that they were given no psychoanalytics, treatment
or psychotherapy and were only assessed, sometimes with just one form.

(01:16:34):
The last government that the Tory government banned puberty blockers
for those under eighteen, given a report to cast report
which said that it wasn't suitable. Remarkably, I think the
Health Secretary now under the Labor government, Wes Streeting, has
announced that that temporary ban is now an indefinite ban

(01:16:55):
and will be permanent. So that is a huge step.
Some people ask the question will this Labor government be
woke or will it be in step with the vast
majority of the public who find this kind of messing
around with kids' bodies appalling. And Wes Streeting absolutely clear

(01:17:18):
on this. He said that this is going to be
a pretty much permanent ban and indefinite ban, and that
there was plenty of evidence to show that there was
a scandal that medicine was given to vulnerable children without
the proof that it was safe.

Speaker 3 (01:17:36):
Rober, I mean, it does feel like it's gone from
one absolute extreme to the other. There is no carve
out here for exceptions where a clinician may think that
the kid actually does need it.

Speaker 9 (01:17:46):
Nothing at all, Nothing at all seven enough for anyone
under eighteen. Yeah, and you know you would think that
that was probably right given that you know, under Scottish law,
for example, someone of who is under twenty five is
not capable of taking responsibility for their own actions, and
that's that's been quite an important case in recent recent months.

(01:18:10):
So how then can they give consent to have what
is life changing the permanent drugs and surgery surgery of
course is also banned from under eighteen.

Speaker 3 (01:18:22):
Quite interesting? Now, what do you make of the farmer
protestss Central London? Is this going to have these guys
a little list of sympathy for what they're doing?

Speaker 9 (01:18:32):
I have none, Frankly, I'm obvious enough with the government
on this one. But it's rather what I was saying
before to Mike that these demonstrations by the farmers are
very spectacular in that basically they block up all of London.
Retractors and various rural modes of transport, and it makes

(01:18:57):
it look as if there's quite a lot of the moment,
a fair few hundred, and there certainly is very very
great anger in the farming community that labor is picking
on them. I just don't think it plays with the public.
I just don't think the public has very much sympathy. Basically,
all that's happening is that the very richest of the

(01:19:18):
farmers are those who own land worth more than a
median quid, will have to pay twenty percent capital gains
tax when they sell their farms on or when they
give them to their kids. The point being that everyone
else in the country pays forty percent capital gains tax,
so they're still getting away with far more than anybody

(01:19:40):
else in the country gets away with in terms of subsidies.
There is no question that, for example, the steel industry,
the coal industry, and so on would have been closed
down long, long, long ago if it had been the
level of subsidies we give to farmers.

Speaker 3 (01:19:56):
Listen, Rob, what is it that Kimmy Bedlock has said
about my gear that is so awful?

Speaker 9 (01:20:03):
It's hard to imagine, isn't it. Basically Kenny who was
brought up in Nigeria and Kenny is a Nigerian name.
Has annoyed the Nigerians by suggesting that it's a little
bit corrupted, not entirely safe. Everything I've ever read about
Nigeria would tend to support that proposition, But the Nigerians

(01:20:24):
have got very across about it and said that she
should either change her name so that it's no longer
Nigerian or stop dissing her country of birth. But she's
refused to back down and said, look, we all know
what it's like. It is corrupt and it is dangerous,
and I don't think she will lose many votes for
saying that.

Speaker 3 (01:20:44):
No. No, I mean they're only offended at the truth
by the looks. So thanks Rod, thanks very much. Appreciate it.
Rod little Uk corresponding, I tell you what the problem is.
Nigeria is exceedingly proud of Kemmy and wants Kimmy to
be proud of Nigeria, and it's just it's not reciprocated
and they're getting the knows and there not about that.
I think, hey, Ai, now there's been a lot of
hype about AI. I think probably, I think we're starting

(01:21:07):
to realize maybe a little bit too much. I'll get
you across that shortly seventeen away from knowin the Mike.

Speaker 2 (01:21:13):
Asking Breakfast Full Show podcast on I have Radio Howard
by News Talks at b.

Speaker 3 (01:21:19):
Fox is having a field day, by the way, with
the US cable ratings which has come out for last week.
And the reason they're having a field day because you
now have Foxes. Oh, Fox loves having a fight with CNN,
and so they're rubbing it into CNN how badly CNN
was doing last week. And remember last week was a
really big, very busy news week over in the States,
so you would expect, frankly everywhere, to be honest, you

(01:21:40):
would expect that, but particularly in the States, you'd expect
it a news engaged audience to be tuning into CNN
because they had the healthcare CEO being shot and then
them trying to track down the guy who did the shooting.
Turns out the guy did the shooting is incredibly sexy
and everybody's into him now. And then you've got Donald
Trump's cabinet packs, and you've got President Biden pardoning his
son and the fall out of that, and you get

(01:22:00):
all the stuff going on in Syria. St I've said
a really big week, right, But CNN the primetime lineup
from eight to eleven at night, they only averaged three
hundred and sixty seven thousand viewers compared to Fox two
point five million. So I mean there the gap there
is enormous. But worse than that, CNN got beaten by TNT,

(01:22:21):
The Food Network, free Form, Discovery, I NSP, Hallmark Mystery, TLC,
TBS History, HGTV, USA, MSNBC, Paramount, Hallmark Channel, ESPN, and
Fox News. So got beaten by seventeen sixteen different channels,
including a cooking show, which I think would be bleak
for anybody. Now it's gonna tell you about AI. By
the way, it's thirteen away from nine I was gonna

(01:22:42):
tell about AI. So if you've been following AI closely
or frankly by now, even if you're just kind of
keeping a little bit of an eye on what's going
on with AI, you probably realize that the initial enthusiasm
that everybody had for this product is too much and
it's just not going to bear. It's not going to
be what the hype kids were racking it up to be.
There's an article in the Economist, which I think sums

(01:23:03):
it up quite well. And this is just with regards
to just the economic impact of this, because it's supposed
to change our lives completely. I mean I should have
an AI secretary basically doing everything for me. I should
be able to you know that an hour before my show,
just say AI in the voice of Heather do Blissy Allen,
tell me what you think about Wellington City Council and
it just that should be what it's doing. But it's not,

(01:23:25):
is it. So The Economist has got a headline titled
everyone calmed down a little. There will be no immediate
productivity boost from AI, and it's written by their senior
economics writer and he sums it up at the end
very well, says will an AI wave break over the
economy in twenty twenty five, don't bank on it. Only
about seven percent of American firms, when asked, say they

(01:23:47):
have plans to adopt AI in the coming months. Capital
spending across the rich world remains fairly weak, suggesting that
businesses are not investing in the tools that would get AI,
that would allow AI to give them a big productivity boost.
The question for the coming year is how long this
disconnect between the financial markets and the real economy on
the usefulness of AI can endure and what they're meaning

(01:24:08):
is obviously if you look at what the AI related
businesses are doing on the stock exchanges, it's like nuts.
Everybody's putting their money into it. Everybody's expecting to be
a rich guy putting money into AI. And then in
the real world as still crickets, isn't it? How much
are you using it?

Speaker 4 (01:24:23):
Me?

Speaker 3 (01:24:24):
Not really at all. Eleven away from Nme.

Speaker 2 (01:24:27):
Heather duper c Ellen on them my costing breakfast with
our feeder retirement communities news togs, he'd be no.

Speaker 3 (01:24:35):
Still huge enthusiasts for AI out there, Heather, with respect. Unfortunately,
you're wrong. Once AI has become mainstream, you'll be blown away.
This is from Jesse Hither, You're wrong. AI is changing
our work processes massively. Heither. AI has saved my company
thousands on development and weeks quicker to release new software features.
I'm not sure AI is targeted at radio hosts. Maybe not,

(01:24:56):
Maybe it's not, although it probably make the experience better
for you. Once they nail they're pretty close to nailing
the old you know, comparison with the voice they could
probably actually mimic me and then make it a better
product for you. Look, I know people who'd use the AI.
You know, people who generally sort of do things like
righte press releases and speeches and stuff like that. They'll
just get the AI to do it. It works really well

(01:25:16):
for them. But the problem with the AI is for them,
it seems to be related to very specific jobs, isn't it.
It's like real paper processing jobs for everybody else. That's
kind of like they're not there quite yet. Hey, just
really quickly. Lou Vincent not a name I was expecting
to mention today or ever again, but Lou Vincent weirdly

(01:25:37):
has given an interview to the Telegraph in the UK,
just talking about his life. And I'm not really sure why.
I can't kind of find like, why is it did
Lou turn fifty? Has it been ten years? Did Lou
do something impressive in his life? There seems to be
no apparent reason for talking to Lou today, But anyway,
they talk to Lou today and still quite an interesting

(01:25:58):
little interview just for what he is up to now.
Turns out, Lou after the life bands and stuff like that.
In the Fall from Grace, tried living in Lumsden, but
they didn't want him in Lunsdon, and some of his
neighbors took him to the pub and he bought them
some drinks and they got cross with him, and then
they kicked him out of the pub. They basically bothered
him out of the pub and said we don't want
you anymore. And so he and his wife left Lumsden.
But now he lives near ninety Mile Beach where everybody's

(01:26:19):
a lot more relaxed, and he makes a living doing
up old houses, renovates old houses, and he both buys
most of his clothing from the op shop. And the
reason for that would be presumably because it all just
gets ruined by his day job. And when he goes
out on the town when he's got to do something important,
he wears Converse Chuck sneakers, you know, but apart from
that it sandals will bear feet in keeping with the

(01:26:40):
locals and ninety mile Beach. There you go. Something you
didn't know that you needed to know. Six away from.

Speaker 2 (01:26:44):
Knowing trending now to film with Chemist Warehouse Great savings
every day.

Speaker 3 (01:26:50):
So earlier in the week I gave you the Google
search list for twenty twenty four. Now I've got amazons
for you. These are the things that Kiwis asked Alexa
to do for them. So we're gonna start with the music. Okay,
no surprises for the winner, and I'm going to get
to that in a sec. But how about this one?
This is the fourth most requested song from Alexa. I

(01:27:11):
know you're thinking, hold on, it's like, are we in
the right decade? It might be because the Barbie movie
came out during the year on streaming services, so everybody
was like, I know what I need to do after
watching Barbie's I need to listen to a song about Barbie.
Then you've got Taylor. She was the most listened to
artist and frankly, it's just getting boring how many lists
she is topping now. And in particular, this was the

(01:27:32):
most requested song from Alexa by Kimis this year dead,
which is not because it came out this year. It's
just because it's probably the best one, isn't it. We
were also very obsessed with how tall Taylor is. We
asked that a lot. Apparently we also asked how tall
Donald Trump was, maybe because her son is an absolute giant.

(01:27:56):
Also on sport never asked for the rugby score. Don't
seem to care about that anymore. The two most top
requested things we were asking for the score in so
the NRL and the AFL, Which is interesting, isn't it.
We like to know who X and Y are married to,
whoever they are. Lots of questions about who whoever's married to.
Also asked Alexa for recipes. Now, I know what you're thinking. Okay,

(01:28:19):
it's going to be something complicated.

Speaker 16 (01:28:21):
No.

Speaker 3 (01:28:22):
The most asked for recipe, if you can even call
it a recipe, is how to do a baked sweet potato,
which is literally you take a sweet potato, you put
your oven on bake, and you put the sweet potato
like that's it. You don't even have to work.

Speaker 16 (01:28:36):
So you don't just wrap yours in a handytowel and
stick it in the microwave?

Speaker 3 (01:28:40):
Is that even baker? I think there's microwaving? Okay, there's
a problem. It's glimm. The food question most asked of
Alexa was how to make a baked sweet potato? Also
asked how long to cook an egg? I know you're pathetic.
A lot of the rest of desserts double chocolate moose
cake Now and now we're talking lemon sliced pear and
blue cheese tarts. Now we're talking. And overall, the most

(01:29:01):
asked question was will you marry me? Which I'm thinking
is Alexa, will you marry me? In which case that's weird,
not as embarrassing as the Aussies, though they are four
times more likely to ask for an insult instead of
a compliment from Alexa.

Speaker 1 (01:29:15):
And we are only too happy to oblige.

Speaker 3 (01:29:17):
I would have thought, oh, I'm happy to sort them out.
By the way. On the baking thing, to be fair,
what I would ask Alexa is which are the symbols
on my oven? Actually is the bake? Because I don't
know about you, but that seems to be confusing my
husband on a regular basis.

Speaker 15 (01:29:30):
And also which two buttons are you supposed to push
to set the timer going?

Speaker 3 (01:29:36):
Yeah?

Speaker 7 (01:29:36):
You know?

Speaker 3 (01:29:37):
For daylight savings, can they design an oven where you
don't need to have the time working in order for
the oven to work, because nobody needs a clock to
cook food. Right anyway, Today, Thursday, tomorrow, frayya, We will
see you then enjoy the rest of your day. News
Dogs dB

Speaker 2 (01:29:59):
For more from the Mike Asking Breakfast listen live to
News Talks at B from six am weekdays, or follow
the podcast on iHeartRadio

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