Full Show Podcast: 17 April 2025

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
New Zealand's voice of reason is Mike the Mic asking
Breakfast with Bailey's real Estate, your local experts across residential,
commercial and rural news talkshead.

Speaker 2 (00:11):
Be willing you welcome today the bill for sorting our
health sector out infrastructurally and who pays and how? Fontira
on China and the terror of war. Good news for
the winter Island. A ferry punters out to the Commerce
Commissions Waden, this is interesting, actually, Tim, Katy, you do
the week of course, short week, Jose and Italy Rod
does the Mighty United Kingdom pasking welcome to the show,
seven past six. Now my fun fact of the week,

(00:31):
not that it's actually that much fun, and not that
it's even new, given it's been around. If you could
be bothered looking, is you ready? Is in hawks Bay?
There are fifty six fifty six mayor's chairs and councilors,
fifty six spread across five councils in hawks Bay. Not
Mexico City or London or New York, Hawks Bay, little ole,
Regional New Zealand. Now this has contained in an excellent

(00:51):
piece well worth reading over the long weekend, to be
found on the newsroom site. Broadly. It looks into amalgamation
of councils. Now, the good news is amalgamation is coming
in my you. It cannot come fast enough. This small
land is festooned with councils and boards and groups who
do little other than add to inflation with cost plus accounting.
The trick and part of it is the government's Water
Done Well program. Once they spin all that out, those

(01:13):
duties out to new entities, you won't need as many councils,
and councils won't have the rate payer base to be
able to afford stuff anyway. But here is where this
thing might go wrong. One fivectoms too many still argue
they're more important than they actually are. Two the government
says they won't enforce this change. They will act on
the communities. Will big, big mistake. Upside, There is talk

(01:35):
of as few as thirteen unitary authorities. That would mean
eleven regional councils for example, gone good, quick as you like,
get on with it. We're grossly over counseled in this
country sixty seven sixty seven. Currently we've got authorities for
handfuls of thousands of people. It's absurd. And that's before
you get to the quality or lack of it. The savings,
by the way, huge five billion dollars savings on the

(01:57):
RIMA side alone. But the time you read this article,
you are left uplifted. This is the reason I've raised this.
You are left uplifted by the possibility that one of
you more boring topics, local body representation might just be
heading somewhere good. And my hope is if it does
head somewhere good, we may at last start to pay
attention to it, be invested in it, and it becomes

(02:18):
a virtuous circle of success and productivity and positivity. And
if that doesn't fizz you up for a good easter,
nothing does wow. News of the world in ninety one
they're going on stateside, but most of it's insane. So
let's start with the victory for common sense in Britain,
where the Supreme Court has delivered their much anticipated ruling
on gender.

Speaker 3 (02:37):
The unanimous decision of this court is that the terms
women and sex in their Quality Act two thousand and
ten refer to a biological woman and biological sex.

Speaker 2 (02:49):
Gone argue that on related matters. In America, Trump is
suing Maine as in the state over their decision not
to ban trans athletes in women's sports.

Speaker 4 (02:56):
They are completely changing clothes, getting nude in young women's bathrooms.
Try being the parents of these young women. It's ridiculous
what they're doing. They're going in the restrooms, are going
in the locker rooms. And under President Trump's directive, we're
going to fight to keep women safe and women winning
in women's sports throughout this country.

Speaker 2 (03:16):
Health, zombing, tom arif k hilde Presser, and autism.

Speaker 5 (03:19):
These are kids who, many of them were fully functional
and regressed because of some environmental exposure into autism when
they're two years old. And these are kids who will
they'll never hold a job, they'll never go out on
a date, many of them will never use a toilet unassisted.

Speaker 2 (03:38):
Wasn't finished.

Speaker 5 (03:39):
This is a preventable disease. We know it's an environmental exposure.
It has to be. Genes do not cause epidemics. They
can provide a vulnerability, and you need an environmental.

Speaker 2 (03:49):
Toxin meantime, all this is more Majorie Tyler Green was
having a hometown meeting which attracted a few protesters, so
they tasted them.

Speaker 4 (03:57):
Ladies and gentlemen.

Speaker 6 (03:58):
They're all inside the interior of the United States, all
inside the interior of the United States.

Speaker 7 (04:05):
There is group going up, BA can head out.

Speaker 8 (04:09):
The protests outside, Thank you very much?

Speaker 4 (04:12):
What protests outside?

Speaker 9 (04:15):
Bye?

Speaker 1 (04:16):
I'm goin out there.

Speaker 2 (04:19):
Then Bernie continues as countrywide two are promoting the wonders
of the presidency.

Speaker 10 (04:23):
Sorry, mister Trump, we don't want your oligaky.

Speaker 2 (04:28):
Sorry mister Trump.

Speaker 10 (04:29):
You're not gonna take us into authoritarianism. And sorry, miss
the Mosque, We're going to create an economy that works farts,
not just for you.

Speaker 2 (04:39):
I love the way, he says Olgaki. Finally, an extremely
rare assigned cover of the Nirvana album never Mind's Gone
under the Hammer year. Remember the cover that was the
one with the baby in the water and everyone this
baby in the water anyway. I was signed by all
members of the band in nineteen ninety one. That was
before they sort of got famous. Unfortunately, being possibly the
best signed example ever to come to the market to
went relatively cheap. I thought one thousand, five hundred dollars

(05:02):
News of the World in ninety. California is now suing
Trump over the tariffs. As I say, watch this space.
If any court case is gonna have a chance, I
reckon this is the one, not just California, but the
people suing him over the tariffs. I don't think he's
got an emergency argument on tariffs anyway. California has become
the first state to actually do it. Inflation UK they
thought two point seven came in at two point six.

(05:23):
You've gotta be happy with that.

Speaker 1 (05:24):
Twelve past six, the Mic Asking Breakfast Full Show podcast
on iHeartRadio, power by News Talks.

Speaker 2 (05:33):
Evy Myles Hurral of Fonterra. Later the WTA related matters
WTA will trade the outlok for global trade deteriorated sharply,
their words deteriorated sharply. They're now expecting a decline of
zero point two percent for twenty twenty five. So where
does that lead us? Miles later, fifteen past six, Leave

(05:54):
you had wonderful World of business from Ji Wilth Andrew
Keller had good morning, Very good morning, MIKEE. And I
guess the's seeing what many of us are suspecting, that
things are going to slow down and be a little
more fragile.

Speaker 11 (06:05):
Yeah.

Speaker 9 (06:05):
Yeah, Look, we've had a few days, haven't me, sort
of of relative calm in the sort of Trump tay
Trump trade tantrums, and that's allowing us a little time
to sort of process and think about the medium term implication. So,
you know, the medium term focus was what were the
tariffs on New Zealand products? Was the direct impact? But
I think the tougher question is the direct effect. So

(06:26):
we're now starting to see the impact of what financial
markets are doing sort of in response to that. And
I think one area that could eventually potentially impact on
a lot of people lives is a change in the
track of the official cash rate. Look, it was only
a couple of weeks ago when the debate on the
official cash rate, this is the way it was going.
It was sort of coalescing around a reasonable consensus, actually,

(06:51):
I think a firm consensus on a move to three
and a quarter in the OCR. Then there were differing
opinions on the speed in the extent of any move
lower than that. Now, events since the end of March, though,
have combined to sort of materially change that view, and
the market is now priced. The market pricing has now
shifted to a terminal rate of two point seventy five

(07:13):
through the end of this year and into twenty twenty six.
Yesterday AMS issued a note putting a two and a
half percent ocr into the picture. And this is all
due to the uncertainty now around two things. Really, it's
our projected growth trajector in New Zealand that's been pushed lower,
but also the impact on us of lower growth in
all of our trading partners. I mean, you've been talking

(07:34):
this morning about about growth and about trade. I mean
data that we've seen recently also suggests there's some risk
that the expected recovery is sort of milder. And I
guess if it's milder, it's more vulnerable. And there's real
concern over the impact of trade protections and on global growth. Mike,
if you creter US China trade, it's going to have
an impact right an, irrespective of where we end up

(07:57):
on tariffs. Right now, there's a hiatus of activity because
no one really knows what the rules are going to be.
I think you were talking to Nick Mobray earlier between
he said, you know, right now, they're in a pause,
aren't they because they don't know what the rules are.
It all adds up to the local economy potentially needing
more of a helping hand from monetary policy than previously thought.
And look that there is there is an outcome here, Mike,

(08:20):
where you could see lower mortgage rates than we thought
they were going to.

Speaker 2 (08:24):
Get to exactly, which brings us to China and under
normal circumstances, not a bad number, but this is pre drama,
of course.

Speaker 9 (08:31):
Yeah, so this is on the subjects of growth and growth.
We've talked about trying to keep sort of some focus
on China data given it's important to us on trade. Well,
here's a good number. Actually, we had a good number
last night, Mike, and retail sales number in the US overnight.
People bringing forward spending before tarifs hit. Well, that sort
of has the flip side of that is if you
go back to China. China GDP lifted five point four

(08:51):
percent year on year, and the first quarter that outcome
was ahead of expectations that it was partially due to
a sort of a rush on exports, so they were
desperately trying to get the stuff out the door, and
the Americans were trying to desperately buy the stuff before
the tariff's hit. So anlysts were expecting five point one,
five point two, it's coming at five point four, and
they'd had had a reasonally robust start to the year

(09:13):
in China. Industrial output expanded seven point seven percent in
March from a year ago. Retail sales in China also
increased five point nine percent, again ahead of expectations. But
the real issue might the real issue, the crux of
this is what happens now, because there are material downgrades
coming for China GDP growth over the rest of the year.
And the key factor here being the extent which export

(09:36):
trade will slow because of the high level of tariffs
on goods going into the US. I mean, you've got
to assume at the moment trade will virtually stop, and
that of course has much wider implications for the rest
of the world. The National Bureau of Statistics in China
described the current environment as becoming more complex and severe,
which is self evident, really, isn't it. Chinese authorities they've

(09:58):
downgraded the economic growth for cast. It's gone from for
twenty twenty five from four to three point four. That
assumes that tariff will remaining. You do get further stimulus
measures from Beijing. I think while we've been talking, Mike
Jerome Powell has been doing an address in in the US.
He is now sort of saying it's getting a bit
challenging for him because he's got the aspect of, you know,

(10:20):
he's got tension between the inflationary pressure from tarifs, but
at the same time your slow growth and you've got
an impact on.

Speaker 2 (10:26):
The jobs market as well.

Speaker 9 (10:27):
So look, it's you know what, Mike, I reckon, we
should all have a few days off.

Speaker 2 (10:30):
I reckon. Let's take a breath. What are the numbers.

Speaker 9 (10:33):
Ah, the dal Jones is down one point six percent,
it's just weakened a bit after Powell talked. Thirty nine,
seven hundred and twenty six. The S and P five
hundred is down two point three percent. That's one hundred
and twenty four points five two hundred and seventy two.
And the Nasdaq weakened a little bit more. Actually sound
three and a half percent. That's five hundred and ninety
five points sixteen thousand, two hundred and twenty seven overnight.

(10:55):
The FORTS one hundred, though, gained small twenty six points
that's point three percent eight seven five. The Necke was
down one percent, thirty three thousand, nine hundred and twenty.
Shanghai Composite was up eight points. The A six two
hundred was pretty flat. Yes, they lost three points seven
seven five eight, but we gained almost half a percent
on the zxx fifty yesterday, up fifty seven points twelve

(11:18):
thousand and sixty seven Kiwi dollars, still quite strong versus
the weaker US dollar point five nine one eight against
the US point nine two nine ozer ossie point five
one nine seven against the Euro point four four seven
two against the pound eighty four point one nine Japanese
en gold holding up there. Three thousand, three hundred and
twenty nine dollars and a little bit of a lift

(11:39):
in Brent crewed as well. Sixty five dollars and eighty cents.

Speaker 2 (11:42):
Great used to make cat trip next week. Andrew Kelleherjmiwealth
dot co dot n ZSK just reinforcing what Andrew was saying.
United Airlines yesterday came out and gave two forecasts for
the first quarter. For the first quarter, they made some
money three hundred and eighty old million dollars, so.

Speaker 12 (11:56):
That was good.

Speaker 2 (11:57):
But they see two forecasts. One is what we think
may have and the other one is we don't have
a clue. Domestic travels down significantly, and you see that
a lot and tourism at the moment in places like America,
domestic travels down, international travelers up. Capacity is up as well.
People are still prepared to pay the big money to
travel around the world. Six twenty one, he reviews Talkzbo.

Speaker 1 (12:22):
The Vice Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks It b.

Speaker 2 (12:28):
Yeah Fetched your Own Pale moments ago.

Speaker 8 (12:32):
The level of tariff increases announced so far is significantly
larger than anticipated, and the same is likely to be
true of the economic effects, which will include higher inflation
and slower growth. Tariffs are highly likely to generate at
least a temporary rise in inflation. Inflationary effects could also
be more persistent.

Speaker 2 (12:53):
Exactly that will affect us in for Metrics have just
released there forecast for what's going to happen to us.
It can knock as much as one ero point four
percent off New Zealand's GDP growth next year. They were
thinking two point four, they're now thinking one. Exports set
to be negatively affected our growth and exports could slip
towards zero over the next eighteen months. Inflation will push

(13:15):
up to two point eight later this year. Expect the
Bank to cut the official case rate three percent. As
luck would have the CEO of ASB Vittoria shorts with
us after seven o'clock sixt twenty.

Speaker 1 (13:24):
Five, trending now with M Square House, You're one stuff
for Mother's Day.

Speaker 2 (13:29):
Fragrances Werebin Wallen's news. Last year, they brought out the
song I Had Some Help.

Speaker 1 (13:34):
Now Now.

Speaker 2 (13:37):
That was the first song today but at number one
on the Billboard Hot one hundred in the Billboard Hot
Country Songs also broke Spotify single day country streaming record,
eventually would get six weeks at number one officially both
to the Billboard. Twenty four Song of Summer, Fast forward
to yesterday, co Lab time another co Lab with post Malone.
It officially drops Saturday, but we've got the first thirty
eight seconds right now.

Speaker 12 (14:00):
For this town.

Speaker 13 (14:01):
There's got a name from me, but there's one I'll
never be no o cousin not I said, I'm even
I've turned into rich and fit for my heart and
I got even him.

Speaker 6 (14:15):
I ninety even dead now I'm walking on this fading
his with Johnny walk I'm black.

Speaker 1 (14:22):
There's a lot of reasons I ain't Jesus, but the main.

Speaker 2 (14:25):
One isa I ain't turning back alone. Oh no, coming back.
That's thirty eight There it is. That's all I got
for you. There are many reasons I ain't Jesus, but
the main one is I am coming back post Malone.
By the way, is the co web if you've missed

(14:46):
it now, the comments Commission of waged into There's a
lot of questions come out of us. They waded into
the cook straight fiory cancelations and if you get canceled
on a fury, do you deserve compensation? What sort of compensation?
And they made an interesting decision. My question is does
it apply to other things beyond the ferry. We'll have
a look at the fine detail next.

Speaker 1 (15:03):
The Mike Hard Game will Instateful, engaging and vital, the
Mic Hosking Breakfast with a Veda Retirement, Communities, Life your Way,
New togs Head, be.

Speaker 2 (15:14):
Americans and Iranians back together again this coming weekend in Rome.
So Jeremy Kenner on that JD. Barns is there, So
jerrem My Keinner literally for us shortly twenty three minutes
away from seven. Although the inter Island Fairy saga rolls on,
I assume presumably until they replace them with new fairies
in a few years time. Back in twenty twenty three,
it was a shambles. You may remember they had the
loss of power, the heat exchange or issue, the gearbox
that rigged Haback. Anyway, the debate erupted over refunds for

(15:35):
lost sailings. Well, now quee Rail may have to compensate
affected customers after the Commerce Commissions had a look into it.
Now the Commas Comissions Competition, Fair Trading and Credit General
manager Vanessa Horns with us on this. Vanessa, good morning,
Mondy Mike. This stuff team seems to take time. This
is two years ago you but slow warms that just
the way the wheels turn Will's.

Speaker 14 (15:55):
Turners a little bit ironic in this case, isn't it. Yeah,
So sins to take time. Good investigations do take time.
But in relations to the inter Islander, you may recall
that money time. New Zealand also had a look at
these incidents, so we needed to make sure they're really
really important. Safety work was done first before we could
continue our work.

Speaker 2 (16:15):
Can you make them refund or do you just encourage
them to refund?

Speaker 14 (16:20):
Well, they've signed illegal undertaking with us this time, so
we can make them refund. If they don't follow through
with what they've agreed to do, then we can tack
them to court to enforce that undertaking. But looking at
their website this morning, they've already got information out there
about how people can get out and get that compensation
going through the system.

Speaker 2 (16:40):
Should you have had to have done this? Should they not,
as a good corporate citizen, have done this themselves.

Speaker 9 (16:46):
With the out of a job?

Speaker 15 (16:48):
Yeah?

Speaker 14 (16:49):
I mean, we really really would love all businesses in
New Zealand to comply with US Training Act and there
Consumer Guarantees Act. Really really important to look at those
terms and conditions, particularly things like this. You know, things
do go wrong, but you know, really good New Zealand
businesses get ahead of the game and make to the
systems in place and get the course centers up and

(17:10):
running and get the money back through the consumers when
they can can they get them.

Speaker 2 (17:14):
This goes to airlines and things like that. So a
concerts for that matter, does small print negate your decision?
If they'd had something at the bottom said, look, stuff
beyond our control, don't worry about it. Can you get
they get around it their way?

Speaker 14 (17:26):
No, not at all. You know some organizations try the
contract of these laws, but they can't. I think the
important thing for the inter Islander is that there were
some things that were in their control, and that's sort
of what we've been working with them on. So those
mechanical things, you know, they should have been out there
fixing them. And which case, if it's things in the control,

(17:49):
then they've got to compensate consumers for those services that
they provide.

Speaker 2 (17:53):
So you like a court in the sense, is this
bespoke to them or is this a sector wide, industry
wide type vibe that everyone's going to have to run with.

Speaker 14 (18:03):
I don't think. I mean, certainly we've looked at Blue Bridgain,
we've taken action with them. You know, we've got action
with Jetster in relation to sort of similar sort of things.
I think, you know, whether in mechanical things, people do
need to look at carefully what their terms and conditions
today and make sure that they are offering the services.

(18:25):
In the case of the Interalger, they didn't have back
up ships they could put people on, and so in
that case they couldn't provide the services that people had
paid money for, So compensation is the only thing that
they can do.

Speaker 2 (18:36):
Good stuff Vanessa appreciate to have a good East of
Vanessa Horne, who's the commerce Commission, Competition for Trading and
Credit General Manager twenty minutes away from seven Oscar another
one of the debates. Second of the debates in the
election campaign in Australia last night, Dunt't vyelban easy depends
on what you read. Everyone seems to great was boring
as it was on the ABC David Spears seems to
have been the start of the show. David Spears once

(18:56):
worked for Sky and nelwigs. For the ABC, he asked
a bunch of questions. They couldn't answer it. Generally speaking,
apart from the agreement around boring, if you read the
left leaning media, they think elbow one. If you read
the right leaning media, they think Dutton probably got up
are most Most people at the end of the day
called it a draw. So that's two of two. They've
got two more to go. Nineteen to two.

Speaker 1 (19:18):
The Mic Hosking Breakfast Full Show podcast on iHeartRadio powered
by News.

Speaker 2 (19:23):
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Just to update you on Trump Federal Judge yesterday probable
caused are sorry, Federal Judge moments ago, probable cause to
hold the Trump administration in contempt. This is all to
do with El Salvador people. They start parking in the country.

(20:30):
Do they need to come back? Forty eight page opinion
from a guy called Bosburg disregard for the court that
is sufficient for the government to be found in criminal
contempt should they fail to answer the questions by April
twenty three, he will refer the matter for potential prosecution. Yesterday,
another judge, another court. They've got two weeks and this
came out of the dictator from l Salvador that was

(20:50):
in the Oval office this week. Two weeks to provide
evidence of how they're getting that Meryl and Bloke back.
They've got no tolerance is the judge for gamesmanship or
grand standing? This a woman called Paula Zinnis requested updates
on steps during this period. She would decide if the
government had acted in good faith or in contempt of
court to date what the record shows? Nothing has been done.

(21:12):
Cancel vacations, cancel other appointments. I expect all hands on dick,
said the judge. So this is heading to an exciting conclusion.
I fear six forty.

Speaker 1 (21:23):
Five international correspondence with ends and eye insurance, peace of
mind for New Zealand business.

Speaker 2 (21:29):
Speaking which jos and literally very good morning to you.
Good money may go jd in town. You got the
Iranians in the US. This could either be brilliant or
a disaster. I suppose, couldn't it.

Speaker 11 (21:39):
Well, that's all happening, of course. First we've got the
Prime Minister, Georgia Maloney, off to Washington tonight to meet
the President Donald Trump to talk about lifting any kind
of tariffs on Europe. It's interesting, Mike, she was joking
today saying, I don't feel any pressure at the moment.
Ironic words there. She hasn't lost a sense of humor.
But it's interesting that she's also representing the EU. There

(22:02):
was some doubt about whether she was only going in there,
going in hard to defend Italian interests, but she has
had quite a few phone calls with Ursula Vonderlin and
the European Commissioned President, so it's clear that she's going
to be acting on behalf of the EU in these talks.

Speaker 2 (22:18):
Is there any expectation there's not a single leader in
the world. I mean, they some of them get along,
some of them don't, and they all sit around by
the fireside and we will have a chat and then
they go home, but nothing actually changes.

Speaker 11 (22:28):
Yeah, I mean, Maloney might be kidding herself. She was
the only EU leader invited to Trump's inauguration in January.
And as we know, they have been chummy at a
couple of meetings that they've had. But you know, we'll see.
I think it's a big challenge to try and move him,
at least in a permanent way. We might see some change,

(22:51):
but who knows if it's permanent. And then she will
come back and meet Vice President J. D. Vance in
Rome at the weekend.

Speaker 2 (22:57):
Okay, having seid all of that, when the US and
Uranians come to town, does Rome get locked down? What
sort of security operation would you be running there?

Speaker 11 (23:04):
Look, I'd say it's going to be pretty intense. We've
also got an influx of pilgrims and of course this
week it's madness out there, So it's going to be
all happening, i'd say. Because also JD. Vance's off to
meet the Secretary of State at the Vatican, Pietro Parolin,
and of course there's still speculation that he might duck

(23:25):
in and have a quick meeting with the Pope himself.

Speaker 2 (23:28):
Okay, now, Venice, they've got that access feedback on did
we decide that that was a hit or not?

Speaker 11 (23:35):
Look, I think it's a bit of a joke really
because they've imposed this access fee on day trippers, as
many New Zealand tourists would probably be aware. They've brought
it back again this year starting from this week April eighteen,
and it's supposed to manage the flow of tourists, detur
tourists from coming in on those big days. But really

(23:58):
I think it's a money making exercise for the city.
And now they're raising the day fee from five to
ten euros unless you booked well in advance.

Speaker 2 (24:06):
Okay, now this disturbs me. So the Stepedanes I didn't
realize this was the thing in the Vatican. So you
do all the stuff online, all the priests they're doing
online services and you get paid for that. What happened
to you working for the Good Lord and all that?

Speaker 11 (24:18):
Yeah, well, these look like two renegade priests in different
parts of Italy who are under fire for chargings for
services like confessions and other things that they're offering online.
And I think there's been a lot of pushback in
people and not very happy about that. Separate to that,
the Vatican has introduced a decree forbidding double billing priests

(24:41):
in their churches who are celebrating Mass for multiple intentions
or multiple donations. So there's a bit of a clap
down there on that money making exercise that's going on
in the Catholic Church in various parishes.

Speaker 2 (24:55):
What's the weather like, Forester to Joe, you're into well
in to spring.

Speaker 11 (24:58):
Yet today it is really warm. We had about twenty degrees.
We've had lots of rain and there's more rain predicted,
so it's a bit unpredictable.

Speaker 1 (25:06):
I'd say at this point I.

Speaker 2 (25:07):
Have a very good time. We'll catch up next week.
Appreciate it very much. Joe mckenners in Italy for us
this morning, by the way, while I'm trying to tie
loosely in j d Iran, the Middle East, the war,
the tumult, the politics. Hamas has rejected the latest ceasefire
from Israel. I don't need to give it to details.
They just rejected us going nowhere as usual and interesting stats.

(25:29):
Now this is building. There was a very interesting piece
in the Sydney Morning Herald yesterday from sort of what
I regarded as a rabid travel blogger who was trying
desperately to convince you never to go to America for holiday.
Ever again, because if you're if you're slightly unusual in
any way, shape or form, the inference from her appeared
to be that you'd be rounded up by the FEDS,
have you social media, trapped on, tossed in a room,

(25:49):
and probably thrown out of the country, which I'm sure
is not true. I'm sure everybody's got a story of
somebody somewhere in America at the moment who had some
sort of weird interaction with the Feds at the ball.
But by and large, I am absolutely convinced that if
you got off enz one in Los Angeles tomorrow, you'd
probably arrive in Los Angeles and be at the reach
Bee of Welsh before you knew it and shopping on
a day of drive, and life continues as per normal. Ever,

(26:11):
be that as it may. Reported yesterday from the Flight
Center people in Australia leisure travel bookings to the States
out of Australia a down ten percent, which is significant.
The other thing I read the other day, which is interesting,
your hot parts of Europe. If you're going to Europe
for summer, your hot parts of Europe are off. People
are sick of it. Spain Greece all that sort of stuff.
No one's interested, and they're going to northern parts, the

(26:34):
Scandinavian parts, which aren't nearly as hot. So there's a
boom going on there by the way, Just one more
thing on America, the rare earths. This is the other
thing to follow with China. What Chlina has and in
fact Australia has if they get their act together. But
what China has, and this goes to EV's batteries and
all that AI and chips and stuff. What China has,
the US doesn't rare earths, and so they're holding the
rare earths. They limited seven of them currently and unless

(26:57):
the Americans can get their hands on rare earth, they
are in deep, deep trouble and areas like defense and
energy and automotive. So if court's not holding your attention
and the various court cases, this growing tension between China
and the US, where this ends up is nowhere good obviously,
but it's going to be fascinating watching getting there. Nine

(27:18):
away from seven.

Speaker 1 (27:19):
The Mike Hosking Breakfast with al Vida Retirement Communities News
Togstead Bes.

Speaker 2 (27:24):
I'll tell you the acc yesterday we were going to
ask the acc about the physios and why they can't
sign off and why do you've got to go back
to a doctor. Good news and bad news, So probably
not surprising when you're dealing with the government department. By
the way, there's a couple of people in Australia, Andrew
Wilkie and Rebecca Sharky, who were independent INPCE. They've been
in informal discussions with Labor and the Coalition about becoming Speaker.

(27:46):
And what I love about that is the conversations have
taken place. They've admitted it. They would take any office
seriously to be speaker. They were quote unquote attracted by
the prestige of the role, so massive suck ups and
self interest going on. At least they're honest about it.
And I like that's five minutes away from seven.

Speaker 1 (28:03):
For the ins and the outs. It's the fizz with
business favor. Take your business productivity to the next level.

Speaker 3 (28:10):
You.

Speaker 2 (28:10):
Employment data for March from the good people at seek
a buckle up. We have good news here for the
long weekend. For the first time since twenty twenty two,
quarterly jobs have risen two percent. Are still down fifteen
percent year on year, but for the month up two percent.
Major cities, if you treat them as a collective, the
number of job ads is actually down one percent. But

(28:31):
outside those metro areas up three now the metros that
didn't go down, Wellington up to very exciting. That's probably
because Andrew Little's running. Everyone wants to go back to
Wellington and get a job. It's going to be fantastic. God,
it's going to be different under Andrew, isn't it. Canterry
up one percent, the others were flat ORed down. The regions, man,
you've got to get to a region. Marlborough twenty four
percent increase in jobs. What are you doing Marlborough man,

(28:52):
Tasman up sixteen percent, Taranaki up fourteen, Northland up eight,
Southland up seven. Sector Wise, the biggest drops insurance and
twenty one percent down, banking down sixteen, retail down ten,
Hospo and tourism down nine. But if you're in science
and tech up fifteen, advertising and media up twelve, how
does that work? It's going on in advertising in media,

(29:12):
I've not seen any of that round here. Healthcare, education
and legal all up seven. So it depends. It's sector specific.
As they say, Simmy and Brown yesterday. My wife commented
last night when she watched him on the news, he
had too much jellum is here Now. I don't know
whether to raise that as a part of the interview
or not, and whether you'd see me as being a
little lightweight and superficial. But it's a long weekend and

(29:33):
I'm feeling a bit frisky, so maybe i will raise
that with him. Depends how we go Simmy and Brown
with us on this whole health infrastructure thing. Twenty billion dollars.
Where do we get that sort of money from the
head of the ASB. Vittory is short on our economy,
on China, on these forecasts that are economic growth is
not going to be what we thought it was. Where
are we at with the housing market? What about the
cash rate? What's neutral? What's your mortgage? Where's that go?

(29:53):
See how many questions I've got for her? For God's sake,
it's a documentary. Miles Hurrale of Fonterra as well, and
our relationship with given the tumult that we're currently wading through,
if in fact you can wade through tumult.

Speaker 1 (30:06):
News, opinion and everything in between. The mic hosting Breakfast
with the Range rover villa designed to intrigue and use togsdad.

Speaker 2 (30:15):
B seven past seven. So for the first time a
health minister's put a price on renewing the sector's facilities.
Twenty billion dollars as your bill. It's all part of
the government's new health Infrastructure Plan. Covers nearly thirteen hundred
buildings across eighty six campuses, the average age of facilities
forty seven years. Health Minister Sime and Brown with us
good morning, Good morning Mike. When you start wading through
buildings and campuses and bills the size of this, do

(30:36):
you get a sense of the size of the ship
and how hard it is to turn around?

Speaker 15 (30:41):
Yeah?

Speaker 16 (30:41):
Look, absolutely. You see that there's been decades of under
investment in our health infrastructure. When you walk around our hospitals,
particularly in our regional hospitals, you see that there's a
real need to invest. And so what we've done is
we've put together a long term plan. This is not
going to be delivered overnight, but it gives a clear
indication of what needs to be done, what services are

(31:02):
needed in which regions. And then it allows us also
to look at from the government's perspective, look at what
investments needed over that time frame and also engage with
the private sector around what capacity they have to deliver
and what capacity they have to invest in our health
infrastructure as well.

Speaker 2 (31:17):
Work us through the logistics of that. I'm an equity
fund you come to meet for some money, I say,
I've got it. What do I get for investing in
the health sector.

Speaker 16 (31:25):
Well, if there's a range of different funding and financing models,
and we've set up the National Infrastructure Funding and Financing Company,
their job is to work with these investors. Obviously there's
things like public private partnerships where maybe there could be
long term lease arrangements, there could be concessions, there could
be a whole range of different funding and financing options
on the table. The opportunity there is for these organizations,

(31:49):
these equity firms or whether it's you know, super funds
to come and talk to the National Infrastructure Funding and
Financing Company. They'll engage with Health New Zealand and talk
through what they proposals might look like and then potentially
put those deals together. So we're looking at that across
government infrastructure. It ultimately is about making sure that the
services which are delivered are publicly funded. There's no change,

(32:12):
but it's about making sure that the infrastructure is able
to be delivered through different ways of funding and financing it.

Speaker 2 (32:17):
There's no shortage of money in the world, as the
Prime Minister's told as many times. So I'm assuming there's
a capacity constraint, because why don't we do it all
at once? In your aunts are assuming is we don't
have the people and we don't have the wherewithal to
get on with it even if we could get the money.

Speaker 16 (32:29):
Well, there's the needing. The funding is one part of it.
There's also the capacity of the market, and that's why
this plan looks at how we can stage developments. If
you look at a lot of our regional hospitals, it's
about the capacity of the construction sector in those cities
and towns as well, and so you've actually got to
look at how do you stage those developments over time

(32:50):
so that you're able to deliver them in a timely
end cost effective manner, rather than doing substantive builds which
ultimately the construction sector can't necessarily respond to. That's it's
a long term plan. It identifies the needs, It looks
at what's the under investment, what's required to catch up,
but also looks at the new models of care and
pushing services away from core hospitals into the community so

(33:12):
that the services can be delivered a more cost effective
manner closer to home.

Speaker 15 (33:16):
For patients.

Speaker 2 (33:16):
The heat you got yesterday from email Hollands and new
unions and stuff. Are they deliberate? I mean, are they
out to get you in that sense? Is there any
good will and health no matter what you try or not?

Speaker 12 (33:27):
Well?

Speaker 16 (33:27):
Look, I think the unions are certainly plant cutting politics
ahead of patients, particularly with the strike that they're proposing
on the first of May. I find that frankly unacceptable.
We have patients waiting too long already for care, and
by going on strike they are only going to delay
the care of patients further. So, people who are supporting

(33:47):
strikes and also complaining about waitlists have frankly got their
politics in there and their priority is completely wrong. You
can't you can't do both. So I'm calling on the
Doctor's union to cancel the strike, get back to the
negotiating table and actually focus on putting patients first and
deal those issues around the negotiating table and not using

(34:07):
patients as bargaining chips. I find that frankly unacceptable and
the worst type of politics.

Speaker 2 (34:12):
Good to talk to you, have a good weekend to
me and Brown Health minister of course eleven past soon husky.
So today, as we head on, if we haven't already
into the easter break, we'll get our latest inflation read
suggestion being it might be a little bit hotter than
we thought because certain things are going on in the economy.
So what figure are we expecting? What's to tell us
about the recovery moving forward? Asb ceo vertrria short as
with us Victoria, good morning to you, Good morning, and

(34:35):
I am willing to test you outside your wheelhouse. But
we're feeling fragile enviome you know, at the moment, a
little bit fragile.

Speaker 17 (34:41):
Well, I mean, I think at the moment we're certainly
waking up and each day a day feels like there's
something new. And the only certainty right now is that
this volatility is set to continue for a little while,
and that's certainly what we're hearing from our customers.

Speaker 2 (34:54):
Infometrics this morning have suggested all of what's going on
in the world could knock one point four percent off
our GDP. In other words, from two point four percent
down to one. What does that mean for the country,
do you think?

Speaker 17 (35:07):
Yeah, look, I think if I just kind of step
it through our By the way, alphads are a little
lower than that in terms of the impact on GDP,
although you know we would say that there are it's
moving around a lot, right. So the way that we
think about inflation, you know, we're expecting to see inflation
edge up slightly and that will be driven by tradable
goods or things that we import, but we think that

(35:29):
domestic or non tradable will decline. So net net, we
think will still be in the inflation range. We'll see
tack up of that to perhaps two point four, but
then we do still think it's going to float down
towards step mid range.

Speaker 7 (35:43):
On what that means?

Speaker 2 (35:44):
Yeah, yeah, sorry, what's neutral cash?

Speaker 17 (35:46):
Right, So we're thinking that the ocr could now go
a little lower. Previously we were thinking above three, but
now we think it could be a below three neutral
or a little bit more of astometry rates around two
points in five.

Speaker 2 (36:02):
So how much of this do you think is about
literally what's happening versus what's happening in people's minds And
we're just freaking out of it, and that's got confidence
written all over it.

Speaker 17 (36:11):
Look, I think certainly the businesses, the business sector generally,
confidence had started to reappear. But we're now seeing a
lot of things go on hold. So it is certainly
dampening confidence generally. But when you have a look at
some customers, you know, our top ten exporters to the
USO meat, dairy wine as example, they are having to

(36:35):
do some real work to scenario plan out alternative markets
but also where they might benefit as well.

Speaker 2 (36:41):
Yeah, this mortgage business that's going on at the moment,
the fixed rates are being chopped left, right and center.
Does that drive demand? Are we still looking to borrow
as money going out the door?

Speaker 17 (36:51):
Look, I think where that's really paying through is in
home lending and also just interest rate relief. So this morning,
I speaking of which, this morning we announced another drop
to our rates, so you'll see rates in the one
and eighteen months down below five percent. Now, what that
does is it.

Speaker 7 (37:08):
Provides a little bit relief, a little bit of relief
so that.

Speaker 14 (37:11):
A sensation does take up a bit.

Speaker 17 (37:13):
Households should be able to withstand it, and I think
that's important.

Speaker 2 (37:16):
Good stuff, nice to talk to you have a good weekend,
as well asb CEO Vittoria short with us those aforementioned
one year at four nine to nine, eighteen months at
four nine nine, that's a drop of twenty six and
twenty basis points still to come. On the program. We'll
talk to bon Coolio in a moment about the schools
of Chocolate Block, but Myles Hurrele on related matters of

(37:39):
Fontira and what they're making. Ships are piling up in China.
The problem with shipping at the moment as you've got
ships loaded up and they're not going anywhere, especially to
America obviously. So the ships are loaded but not going anywhere.
You can't get a ship. So if you can't get
a ship, what does that mean for you know, companies
like Fonterra. So that's still to come. Fourteen past the like.

Speaker 1 (37:55):
Asking Breakfast Full Show podcast on iHeartRadio, Howard talks.

Speaker 2 (38:00):
Be on that economic front. Amez gave us an interesting
forecast yesterday on GDP as well as the cash right
as well as housing, so I'll come to that in
the moment. Meantime, we got New Dart at the Show
State School seventeen past seven. By the way, New Dart
at the show state schools are bursting at the seams.
We got nearly fifteen hundred at capacity. Three hundred and
sixty eight are over the top. A Secondary Principals Association
president Born Collio's back with us, Born morning. Capacity is good,

(38:24):
isn't it. Don't you think at the end of the
day you want to be full.

Speaker 18 (38:27):
Yeah, you don't want a whole lot of really expensive
state assets sitting there half empty, and so being at
capacity is a good thing. Being significantly over capacity can
bring challenges on the ground, but you don't want to
hold out of Crowny City empty.

Speaker 2 (38:42):
Let me ask you a really simple question, given its
immigration driven. When the immigrants come to the country and
we check out how many children they may or may
not have, then we can count the years from the
age of say one, two, three, four, five being there
at school. Why isn't this more coordinated? And we, in
other words, we know they're coming.

Speaker 18 (38:57):
Yeah, we've asked that question ourselves. The SPANS executive asked
that question of ministry officials, and there seems to be
some sort of disconnect between what happens at the border
and what information gets fed through to the Ministry of Education.
Not quite sure why that is it, particularly when it
comes to counting the number of kids that people are
bringing with.

Speaker 2 (39:16):
Them exactly glass are fall. It's a solvable problem, surely.

Speaker 18 (39:22):
You would have thought so, I just not my field
of expertise. But yeah, counting people getting off the plane
is a good place to start.

Speaker 2 (39:29):
And so all that happens if you can't, if you're
at capacity or beyond. You start sticking prefabs in the
school grounds, right yeah, or.

Speaker 18 (39:35):
You start making classes a little bigger, or you start
using spaces like libraries or meeting rooms for smaller classes
and you just come up with creative solutions. You start
using your hall as a classroom, when you start using
your fun new So there's there's a little bit of
wiggle room for some of us, but then when you
start pushing it a little bit further, it becomes harder
and harder.

Speaker 2 (39:55):
Is there any suggestion that any of this is going
to be relieved in any way shape or former part
America Stanford's announcement this week, there's a couple of new
schools of being built with one hundred million dollars worth
of savings.

Speaker 18 (40:05):
With all due respect to the local ministry in Auckland,
there has been some really good work done and moving
some relocatables, some offsite modular builds to ease some of
those capacity issues. And there's real intent from the team
in Wellington to get this over the line. The problem
is the lag People turn up quickly, buildings don't turn
up quite so quickly. But property has been the problem

(40:27):
child of the Ministry of Education for quite some time.

Speaker 2 (40:29):
Yeah, all right, Boorn, have a good weekend. Born Collier,
who's the Secondary Principal's Association president. Dealing with government departments
and not having government departments share information has been an
issue in this country literally for decades. Mike, the reason
the doctors are striking is negotiating table hasn't worked. The
government needs to pay them fully to compensate for the
condition's issue, which government has caused because of the loose
immigration values. I have no idea what that means. All

(40:51):
I know is the doctors are asking for twelve percent.
The Health New Zealander offering one to two percent, but
twelve percent is ludicrous.

Speaker 1 (41:02):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks.

Speaker 2 (41:08):
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(41:50):
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happy pet Mike. Once Immigration have approved the family, they

(42:13):
have the data required for planning. Yes, I understand that
the point is they don't share the information. One department
doesn't talk to another, and that problem's been going on
literally forever. It's ridiculous. Now time now to mark the week.
Little piece of news and current events is as popular
as a mortgage rate with the four at the front
of it. TAPO eight shout out for last weekend and
the supercars place was packed, place looked awesome and Maddie

(42:35):
pain was your hero. Hashtag enz at its best at
the Golden Visa seven. Ah well, yes, I did part
of what's turning out to be a pretty solid run
for the government. This seems genuine interest from the wealthy
to come and park up here and grow the place,
which is good business. Sales six. Demand is up as
supplieres down. People want to chart their own destiny. That's
a very good sign for the country. Iver'd have thought

(42:56):
house sales this week six sales up, listings up, prices up.
It's low bit steady, and the trend apee is positive
and relatively consistent. So we'll take that. At the aforementioned
mortgage rates.

Speaker 12 (43:05):
Seven.

Speaker 9 (43:05):
People are just being squeezed from every direction.

Speaker 2 (43:08):
Lending us up. Investors are moving money is at for
something that's tempting, and I think they ain't finished falling yet.
Kalla four. Come now, most people, as it turns out,
who went borrowed money to pay for the tickets, So
clearly no money left over for a golden Viza sky
TV six. One of those stories that would have been

(43:28):
covered completely differently if it hadn't gone so well. Pregnant
people seven.

Speaker 12 (43:32):
Well biology, sex gender.

Speaker 2 (43:36):
One for the traditionalists from New Zealand first this week
are the women on that rocket too?

Speaker 14 (43:41):
I don't I can't put it into words, but like
I looked out the window and we got to.

Speaker 2 (43:46):
See the moon brought new meaning to the term space cadets.
Victims of crime stats seven.

Speaker 19 (43:51):
Mark Mitchell was on a kick ass job.

Speaker 2 (43:53):
Another BaseT for the government lacks and vpters four.

Speaker 9 (43:56):
This is not juvenile time.

Speaker 15 (43:58):
I know he's a Prime minister.

Speaker 9 (43:59):
I'll bring it.

Speaker 2 (44:01):
Out of the week. The media reminding us yet again
there isn't a mole hill to be found that they
can't put a ridiculous amount of energy into and trying
to make themselves a mountain. Speaking of which are the
trust in the media survey?

Speaker 1 (44:10):
For you know you're a fake. You know that you
hold network the way you cover it is fake.

Speaker 2 (44:15):
Mainly because the survey and the methodology was shonky. As
not that it doesn't reflect a wide and dissatisfaction with
the media, but it seemed we were the only ones
who called out the methodology, which ironically is one of
the reasons we don't trust the media. Regurgitation of press
releases with no questions asked passes for news these days,
Andrew Little six.

Speaker 20 (44:33):
I'll be thinking about something, then something linked to that,
and there'll also be a song playing in my head
as well.

Speaker 2 (44:39):
Given the Tory reputation and record, is it even a race?
Speaking of Tory, her idea to attract Aucklander is to
livin Wellington. That got twelve emails. Again I ask is
it even a race? Short weeks I we all love
and we've got two That is the week copies on
the website and this for the school holidays only can
be one. A coloring in project to be made into
an awesome dar or three colored and to replicate Rmere's cushions.

(45:04):
The forecast from A and Z two point five percent.
The cash rate will drop to which is lower than
it was going to be. GDPs down to one percent
for the year. They think unemployment's going to peek out
at five point three percent, which is a bit worse
than they thought. House price four and a half percent
they did think seven. So things are slowing down. It
is tempered, it is fragile. These are interesting, if not

(45:26):
worrying times. Speaking of which, how did Fonterira handle it?
Our biggest business Miles Hurrel from from Tira After the News,
which is next.

Speaker 1 (45:35):
New Zealand's home for trusted news and views, The Mike
Hosking Breakfast with Bailey's real Estate, your local experts across residential,
commercial and rural news.

Speaker 2 (45:45):
Togs Head be a little bit of more room and
movement in the electricity sector. Got a new retailer entering
the market, so we'll talk about that very shortly. Meantime,
at twenty three minutes away from make the very auction
yesterday produced yet another set of fairly positive numbers. That's
a degree anyway, seemed to fire what might have been
expected out of China, where the terror of war has
now become fascical.

Speaker 12 (46:04):
Of course.

Speaker 2 (46:04):
The Fontierra CEO Miles Hurrell is back with us. Miles,
very good morning to you. Broadly speaking, Are you worried?

Speaker 19 (46:12):
I wouldn't say worried, but it keeps on your toes.
You get up every morning start to see what's happened overnight.
But you know, we love this game we had done
for our whole career. So I guess so ninety five
percent of our product goes into international market, so it's
not happened in one corner of the world, that's happening
in another. So no, I wouldn't say worried, but just
just it was.

Speaker 15 (46:30):
On our toes at the moment.

Speaker 2 (46:31):
We've got some good numbers out of China yesterday, but
that's pre the shambles. What's your expectation as to what
happens to China and how that impacts somebody like you?

Speaker 19 (46:41):
Well, I mean I've come out of that that lull
they had a couple of years ago, so I think
I think we threw the worst of that. Now what's
obviously playing out in the international market. Now we'll sort
of soften things a little bit, we see, but you know,
because we've come off a pretty low base I think
we've seen still a pretty robust position out of China
and the sort of that short to medium term. Probably
a question for US is that long term, what happens

(47:03):
you know, geopolitics, the macroeconomic situation across the globe and
does they have a slow down every weird So that's
probably that we focused on right now.

Speaker 2 (47:10):
Which was my next question. What do you think happens globally?

Speaker 19 (47:13):
Yeah, I do think there will be a slow down.
Ascuse me, on the back of what's going on here.
You can't you can't expect to sort of the US.
It will start in the US, was what we're predicting.
The consumers will feel at their first and they're feeling
it now and so you can't have you know, the
largest economy in the world slow down and not feeling everywhere.
So we're we're bracing ourselves to that. But at the
same time, you know, we're in all corners of the world,

(47:34):
as I said earlier, and as a result, our jobs
to find the highest market highs pay market tis paying
consumers and get our products there.

Speaker 2 (47:40):
Let me come back to that specifically in a moment.
So Infametrics this morning say GDP, there we caon going
from two point four to one experts close to zero.
Would you see that as a company or is that
for New Zealand and you can escape that somehow.

Speaker 19 (47:54):
Well, that's that's from a New Zealand context, And of
course you only have to look back the last couple
of years and the economic situation FROSTRW Zealand and Frontier
and in fact that their industry has done pretty well.
So we'd see ourselves sort of pushing forward with that.
I mean, we can't simply forward not to export and
continue to export. But from our perspective, as I it's
about finding those markets that generate the returns and going

(48:14):
after it.

Speaker 2 (48:14):
So back to that, yeah, but back to that specifically,
how much can you shift and simply go, well, they're
not looking good at the moment. I'll go over here,
how real is that?

Speaker 19 (48:24):
Well, it has to. I mean, you're dealing with a
product that comes out of a care at eleven o'clock
last night. It's it's shipped into a factory this morning.
And process. I mean, you can't hold onto the stuff,
so you have to the only thing that changes is
the price. When you get to supply, demand sort of
gets out of balance and price impacts. But you know,
we spent a lot of time the last few years
been more narrow in our focus, going after where we

(48:45):
believe there's long term value and you know things like
you know that that high ingredients business right in the US,
and despite having to pay a little bit more and tariff,
you know there products that aren't generally made in the US,
and so therefore we don't forget olymped.

Speaker 2 (48:57):
Well, that's what I was going to ask as well,
so that there was an argument came the Prime Minister
the other day on this program. He was arguing, I
think I agree with him that a bottle of serving
on blanc at a dollar twenty more than it was
if you're selling it Upper Eastside, New York, doesn't make
any difference.

Speaker 19 (49:10):
Can you do that with what you do in the
markets that we sell into that high value medical nutrition,
high value sports and active nutrition. We believe we can
sort of see our way through that. So if you
plan in the low end and the gallon of milk
and Walmart in California, you're probably going to be hit somewhat.
But that's not our game where it we're in the
high sports and active and medical nutrition where you know,

(49:32):
an extra ten percent of an ingredient's cost is actually
quite small on grand scheme.

Speaker 2 (49:37):
And thing the shipping. I'm looking at ships in China.
They're full, they're going nowhere. Does that lead to something
problematic transportation wise?

Speaker 19 (49:47):
No, Again, you know, when you've been living and planning
in places like Nigeria and Senegal for a few bunch
of your koreer, I mean, what goes on in China
now is nothing to compare to what we have to
deal with. Again, so I see our way through that.
I don't think you're going to see ships piled up.
I mean I think that the Chinese are pretty efficient
at this. You may see some port conduced in the
short term, but they'll clear That's one thing the Chinese

(50:08):
is good as they don't muck around in these areas,
so they'll clear that relatively quickly. And if products not moving,
they ask people who export it move it from those containers.
But when you know when food's coming in, important suppliers
are coming in, they'll make sure that happens. So Ever,
there might be a short term block, but again we'll
see our way through that pretty easy.

Speaker 2 (50:25):
Last time we had you on the program and you're
on the road with the divestment thing. How did that go?

Speaker 19 (50:29):
Yeah?

Speaker 7 (50:29):
Good?

Speaker 19 (50:30):
You know, feedback from farmers as they understand the why
buy and large clearly we're still of a long way
off at you're going out and asking for a vote,
but no, overall they get it, they get and it
comes out. The conversations here now is you know, they
get where expertise is and it's that high value ingredients
and that food service and consumers something that's not not
our core strength. So they understand that and we'll get

(50:51):
to that point at some point to vote.

Speaker 2 (50:53):
Good stuff. You have a good long weekend. Appreciate it.
Miles how Volontira Ceo eighteen minutes away from it tasking,
I think you sound raresh, sound like a bloke who
knows what he's doing. Acc C yesterday we asked the
question had if physio physio wants the lord change. They
said they probably don't even need a lord change, They
just need the acc to tick it off. As to
when you get your ACC and you're at the physio,
the physio goes tell you what you can go back

(51:14):
to work. Now, Currently the rule in this country is
that you can't do that. The physio can't do that,
You've got to go back to a practice nurse or
a doctor. They say, this would save a lot of
time if the physio could do it. So simple question
to ACC yesterday, what is the issue as to why
physios can't currently sign off? Would ACC support a change
if physios could sign a patient off to be able
to return to work, would that help clear some of
the backlog and go towards helping reduce the deficit that

(51:37):
ACC faces. These were the questions we put to them.
They responded, here's the good news. They responded to us
at by eleven am yesterday morning, eleven am saying we've
received this, we are onto it. What was your deadline,
they asked, while we said, how about five pm? Five
oh three? Rolls run. We email them back, how things going.

Speaker 12 (51:55):
Halloo?

Speaker 2 (51:56):
They come straight back, still working on it. Some people
needed to say signed it off. They got back to
us by six thirty. Also good news came back in
the same day, virtually unheard off for a government department. Unfortunately,
what happened next went rapidly downhill. More shortly seventeen to two.

Speaker 1 (52:13):
The Vike Asking Breakfast Full Show podcast on iHeartRadio powered
by news talks at B.

Speaker 2 (52:20):
Yeah, when we left you, ACC very good, inded they
came back to us. Unfortunately, what they came back to
us with was crap. So what clearly happens in these
government departments when they talk about people signing it off,
there's a big boardroom table and a white board and
they'll they'll sit around there on the lanks and they'll
bring in people from different departments. Here's what they've said.
I pray see it because it's too boring to go
through it in full detail. ACC acknowledges and values the

(52:41):
work that physiotherapists do. So that says nothing.

Speaker 12 (52:44):
We all do that.

Speaker 2 (52:46):
Do we get an answer? Medical certifications complex issue? No,
it doesn't say anything. MB is the key agency responsible,
No one cares. ACC is actively engaged. That's b Yes,
focused on how we can make pathways back to work easier.
Not really, because you would answered the question if you were.
We're always open to opportunities, know you're not.

Speaker 12 (53:03):
So.

Speaker 2 (53:04):
In other words, it just went for paragraph after paragraph
after paragraphs saying absolutely nothing, speaking of nothing. Actually before again,
I'm writing down my next thought. Hacks Sky never got
back to us this week either, Sophie Maloney was on
the program and I asked about the snooker. I said,
where's the snooker? She said, my team will get back
to you. They've never got back to us and Hacks.

(53:24):
We did get an answer from TV and ZI. Last
time we told you about TV and Z and Hacks,
sixty six percent of the department were away on holiday.
On there take three days off and get nine hundred
days leave special sojourn thing. Anyway, Hacks was so unpopular
they didn't bite it. So you can get it on
what is it on in Max? Get it on Max,
But you've gotta have sky Go, sky Sports, sky Up

(53:45):
the Wazu some other thing. I can't be bothered going
into that again. But TV and ZI deliberately, having done
season one, two and three, did not buy season four
because the numbers were so poor that they didn't couldn't
justify spending the money, which is fair enough. That's it
will come as a shock to my wife, who is
the world's biggest Hacks fan, and so that will be

(54:06):
breaking news to her. So I don't know what she's
going to do with that next question for you this morning.
If I might be so bold as to indulge you
before Ester Hamish Campbell, who's the national MP for Island,
which is a beautiful If I was going to be
an MP, I'd be an MP for Island because Iland's fantastic.
It's got the stream going through it. My grandparents live there,
Clyde Roade. Christ Church, it's blue chip christ Church. I

(54:29):
mean all of christ Church is really blue chip, to
be frank, compared to the rest of the country these days.
But anyway, Hamish is your Island MP. The Herald trying
to run the story this morning that he turns out
this two by two hands or two by twos or
whatever the hell they call this cult, this sect, it's
the other thing they're using. I don't mean what is this.
It's a group with no name and they meet in houses.
Campbell initially this story was what a week ago something

(54:51):
like that, and he sort of claimed that through his
family had been sort of involved over the years, but
not really. It was no big deal. They've talked to
a bunch of people ago. That's not true. Actually, a
quote unquote elder. Now, the reason this is news is
the FBI and the New Zealand Police are investigating. That's
all they're doing. They're investigating. Nothing seems to have happened
apart from that the broader organization. There's no suggestion, never

(55:15):
has been that Campberll in any way, shape or form,
has done anything unusual or wrong. But they're trying to
make a deal this morning. That he is an elder,
so in other words, he holds a higher place in
this group than he might have previously indicated. My connection
to the organization has been through family. I am a
member of a small Christian group, as a statement last night,
who meet in people's homes on Sundays rather than go

(55:35):
to church. I've hosted a small number of meetings at
my heart. That's what he says, and it's all he said.
Now my question to you is is this a story?
Is this news? Is this something that you would go,
Oh my god. If I'd known this, I would never
have voted for him. Or as he argues, his personal
beliefs his and as long as he serves you well

(55:56):
as an electorate MP beginning medal and en let me know.

Speaker 1 (56:00):
Into the mic hosking breakfast with the range rover of
the lawn news talks dead bees given.

Speaker 2 (56:05):
Away from it. So Loadstone Energy has become our newest
electricity retailer. There're a solo focused company that's been supplying
the market through third parties. The managing director Gary Holdens
with us on this Gary Morning, Good morning. How are
you so if you're I'm well, thank you. So if
you if you do generation and now you're going to retailer,
that makes you a gin Taylor.

Speaker 12 (56:22):
Does it?

Speaker 21 (56:24):
I guess we are a miniature version of a gentil.

Speaker 15 (56:26):
Yes.

Speaker 2 (56:27):
How big are you in terms of solo? How much
do you produce power wise?

Speaker 21 (56:31):
Well, we were building our fifth solar farm, and so
we we've got a plan to do, you know, between
ten and twenty solar farms in the next four or
five years. So we are just starting, but we you know,
the energy off of five solar farms would power all
of the houses in say a city the size of Hamilton.

Speaker 2 (56:53):
That's not bad going. How big are these solar farms?
How many panels we're talking about each farm roughly.

Speaker 21 (56:58):
Well, each one's about fifty or sixty million dollars and
they hold anywhere between fifty and eighty thousand solar panels.
So they're pretty they're pretty, they're pretty ambitious projects and
they can create quite a lot of energy.

Speaker 12 (57:12):
Over the year.

Speaker 2 (57:13):
How much difficulty do you run in locally with people
going I think that's ugly council's paperwork red type of that.
Is it easy or not?

Speaker 21 (57:22):
Oh, it's been pretty easy. I think the key is
we don't we don't try to make them too big.
We you know, you can make them as big as
you want, and so we we try to tuck them
into substation areas behind hedgerows. We sort of have this
vision that every community will ultimately have its own solar
farm and maybe a battery pack in the future, and

(57:44):
so so making them big is not our plan. Our
plan is to scatter them all over the country and
make them small and digestible, and you know, and if
you tuck them in behind hedgerow, they kind of disappear.

Speaker 2 (57:56):
What's your what's your supply to mind ratio in the
sense that you don't take on so many customers that
you know, when you can't produce enough power to supply
or do you go to a third party and get
the power to back it up to guarantee me as
the customer.

Speaker 21 (58:08):
Well, well, effectively, what we do is we kind of
over sell the panels to a customer like you do
on your like you would put on your house, you'd
probably put a little bit more than you need for
those days when you know you generate a little bit
too much and send it into the grid and then
at nighttime you pull it back out of the grid.
And so so we kind of rely on the hydro

(58:30):
system being a big, huge battery, so we overgenerate in
the middle of the day, but we take it back
at night. Through the through the mechanisms in the market.

Speaker 2 (58:38):
You see solar as the future as opposed to win
or hydro will solar.

Speaker 21 (58:44):
Solar is way cheaper and it can be put pretty
much anywhere where there's sunshine, and you know they're parts
of the country they are less attractive than than others,
but most places in New Zealander are quite attractive and
and it you know, you can saw the fireman eater
Naine months as opposed to a very huge wind project

(59:06):
that takes several years. And so really it's really convenient
and easy to build a business around something you can
put together so quickly.

Speaker 2 (59:15):
Always good talk to you, appreciate it.

Speaker 12 (59:16):
Go well.

Speaker 2 (59:17):
Gary Holden, our Loadstone Energy managing director, more supplies what
we want and he's supplying more supply, which is good.
The best story of the day, week, quite possibly the year,
was the Auckland Council yesterday releasing the submissions for Enna
Moobrainelli Williams helicopter Pad and in that was the most

(59:40):
stunning insight into one how a council wastes their time.
Two how many people there are with literally nothing to
do with their lives other than to put in submissions
about helicopters in suburbia. But more on that later in
the program. Meantime, we paused for the news, and then
we returned with Tim and Kate setting.

Speaker 1 (01:00:00):
Me agenda and talking the big issues the mic Hosking
Breakfast with a Vita, retirement, communities, life your Way, news talks.

Speaker 6 (01:00:08):
Heead be my granddaddy resign in the Tennessee. I guess
that's where I got my nieves be.

Speaker 1 (01:00:21):
I sell illegal people.

Speaker 6 (01:00:23):
Numbing their pain. I'm a little crazy, but the world
is sang.

Speaker 2 (01:00:30):
This is the song of the week, It's the song
of the month of year.

Speaker 12 (01:00:33):
It's just too good.

Speaker 2 (01:00:36):
It is a song for the times. I'm a little
I'm a little crazy for the Wiltons saying, don't we
all feel like that at the moment? Doesn't, isn't he
speaking to us? I keep a loaded forty four sitting
by the bed for the jeepers and the creepers who
ain't right in the head. I mean, you can't argue
with that, can It's literally brilliant. Morgan Wallen is back.

(01:00:56):
We have a sponsor to this signe can.

Speaker 1 (01:00:59):
The Weekend Review with two degrees fighting for fear for
Kiwi business.

Speaker 2 (01:01:04):
I'm a coyote in a field of wolves. I'm a
red letter rebel, but some become the devil when the
moon is full. Tim Howie doggies it's not his best work,
Let's be honest. That's why I played it again because
we played it yesterday and I took it home to
him and I said, I said, did you hear it?
Because I sent it to her and by a file

(01:01:25):
like I like. It was so tech. I took a
file and I sent it to her and she got
it and played it.

Speaker 19 (01:01:30):
It was like to do that.

Speaker 2 (01:01:32):
No, I didn't know I did that. I did that
and I said, you get it and she said, yeah,
not his best work, and I went, now, come on,
come on. So we just thought I'll revisit this one
again this morning and see if I can't turn her.
It's got one good line in it, It's got many
good lines. What's the best line? What was the line
that touched you.

Speaker 20 (01:01:49):
I'm a little crazy, but the world's insane. I mean, yeah,
that's a statement of the times. But I'm asleep with
a gun by my be I mean that's a bit
you know.

Speaker 2 (01:01:56):
No, but listen to the cleverness of what he says next.
For the jeepers and the creepers, that's that's we all say,
all jeepers, creepers. No one said that for years, for
the jeepers and the creepers who ain't right in the head.
I mean, come on, well, I love it. Well, no
fair warning, Cadie. It's a four day weekend and this
one's been played each and every day.

Speaker 7 (01:02:17):
Well that depends that we have power.

Speaker 2 (01:02:18):
But yeah, well well we'll have power.

Speaker 12 (01:02:21):
We'll have This will be your this will be your
penance over Easter. Kate will be to come to love Morgan.

Speaker 20 (01:02:27):
Now straight back to him to aunt him and said, well,
great news, Chapel Rowan has released. So actually was not
that of the so that we are competition on how
much Morgan Woland versus how much Chapel Roone gets played
over Easter.

Speaker 2 (01:02:42):
But we'll have funds win, we win, we'll have fun
doing it. Tim quickt quick checking with you please, because
you were looking to hire our children for some domestic
duties at your place that we couldn't supply you with.
Unfortunately this holiday season. How have the school breaks gone?

Speaker 3 (01:02:58):
Well?

Speaker 22 (01:02:58):
We actually we were up at mathieson Matheson Bay just
in the first week and fantastic. The boys actually built
a dam, damned the there's a bit of a stream there.
They damned the stream. Good for a couple of days
up early. How's the dam? What's doing with the dam?
Breaking each other's dams, getting in fights, sorting it out?

(01:03:20):
And then of course the weather came and you just
cannot stop a tsunami?

Speaker 2 (01:03:25):
Water are they generating? Are they generating power out of
the dam yet?

Speaker 22 (01:03:30):
Yeah, probably a bit more than that solar guy you
had on before eight. But that's you know, we can
get into the numbers those things for.

Speaker 2 (01:03:35):
When he sees thousands, tens of thousands of panels day.
Worry you, Kadie, I mean, because I'm thinking of turning
our property into a solar farm.

Speaker 7 (01:03:43):
Well, so you keep saying, but I just I can't
get past how ugly that. I mean, you've got to
have somewhere you can put them that you really don't
see them. And I think the ones on the roof
and stuff that they're not in your eyeline.

Speaker 2 (01:03:52):
And you don't. One of the mayors will Gucci turned
their attention to a solar panel. Would you be happy
with that?

Speaker 20 (01:03:59):
No, it's the well it's not, it's just it's not
the design per se, it's just the concept.

Speaker 7 (01:04:03):
Why I don't all.

Speaker 12 (01:04:04):
Those panels exactly.

Speaker 22 (01:04:06):
And look, I think I think you've got the business
model wrong here because you produce a lot of hot here.

Speaker 12 (01:04:10):
I see you more as a wind farm person. Very good.

Speaker 2 (01:04:13):
Now, let us attend to this morning's major issue. And
the major issue this morning is Sammy. Sammy is our
junior research assistant. Sammy, like as far as I can
work out, literally everybody else is going on holiday right.

Speaker 12 (01:04:30):
Now.

Speaker 2 (01:04:30):
He's going on holiday for next week to for the
three days in between the Eastern and the and the intact.
He's flying China Eastern. Now he's flying China Eastern. We
see going well, he's going to Australia. Of course, that's
where China Eastern that's where China Eastern goes. I'm not Chinas,
just China reirl lines, so it's not even China Eastern,
it's China. So he's flying the full blowing China airl lines.

(01:04:52):
So he's flying China reirl lines to Australia.

Speaker 7 (01:04:54):
Do that once and then probably never again.

Speaker 2 (01:04:56):
Well, this's the interesting thing. How much do you think?
This is the pop quest first part of the story
this morning, Katie for you, how much do you think
he saves on a ticket to Australia in economy from
in New Zealand by flying China Islands?

Speaker 7 (01:05:12):
Well, in New.

Speaker 20 (01:05:12):
Zealand as a roart it's through the roof money, so
he's probably saving quite a lot.

Speaker 2 (01:05:18):
You sound like the Department of the acc not answering
the question. I need it, I need a number please.

Speaker 7 (01:05:23):
I'd say three hundred dollars.

Speaker 2 (01:05:25):
Three hundred dollars. What would your guest, Tim be?

Speaker 12 (01:05:28):
Oh, that that'll be that'll be around what I was thinking.

Speaker 2 (01:05:30):
Okay, so you're both thinking three hundred dollars. So by
flying China you can say three hundred dollars on an
economy ticket as opposed to flying in and the school
holidays is between ten ticket a return ticket all come
to Brisbane and back.

Speaker 7 (01:05:44):
Wouldn't be surprised for us one way?

Speaker 12 (01:05:46):
I mean, why would yeah, I d you end up
in Shanghai.

Speaker 2 (01:05:52):
Actually it's very good. Indeed, we will have the answer
after the break. Thirteen past eight.

Speaker 1 (01:05:57):
The Mike Hosking Breakfast Full Shows. I heard radio powered
by News Talks.

Speaker 2 (01:06:03):
It be News Talks. Sixteen past eight The.

Speaker 1 (01:06:06):
Weekend Review with two degrees bringing smart business solutions to
the table.

Speaker 6 (01:06:12):
I'm screaming out of TV that ain't got here on
Anti Presents in Louke Horns.

Speaker 2 (01:06:21):
How good. I'm screaming out of TV that I ain't
got us on antires.

Speaker 6 (01:06:29):
It's crazy?

Speaker 10 (01:06:30):
What the world?

Speaker 12 (01:06:31):
This is great?

Speaker 2 (01:06:32):
Isn't it? Isn't it?

Speaker 12 (01:06:35):
This is this is this is this is plunging the
depths of the time.

Speaker 2 (01:06:39):
Shouldn't agree more with you? Tim? I think I'd like
to smit easter with you. Well, where's Caddy gone? Come
on out, whis where's Caddy? She's gone? Cady's gone, She's
she's listening to Chapel Rose Andrews herself. It's the old
fact Chiep syndrome on believable, Kadi steady and Well it

(01:07:03):
normally happens with Andrew because of his weight problem. He
mutes himself with That's all anyway, So China Airlines and
you say three hundred dollars, the answer is are you?
I want Katie here because I want her to I
want her to say she's there, but we can't hear
it reconnected, for God's sake, don't. Sammy's throwing Sammy's throwing
his arms up in the air through the double glazing.

(01:07:24):
He's throwing his arms up in there, Sammy, I must
introduce is our research assistant to a junior nature anyway,
So anyway, clearly Katie is not coming back on the program,
which she is technically incompetent anyway, seven one hundred and
seventy dollars.

Speaker 22 (01:07:41):
Saving saving whoa exactly what I said. That's incredible, That's
exactly right. And a question though, why did he bother?
Is there any inside story as to why I booked
this break? Did someone, for example, decide to take a
break then reneg and started.

Speaker 2 (01:08:00):
That'd be true. And obviously you've been fed this information
just to just to ridicule my reputation yet again around
this building, I cancel my holidays. I said this leaving
and leaving work after a couple of months being back on,
Why don't we just ring Katie wring her up on
the telephone and get her back on? Do I have
to do everything around here? It's like dealing with a

(01:08:21):
government department. Anyway, So sorry, I felt that. Coming back
from holiday, I thought, this is ridiculous. Why are we
all going on holiday two months into the year. We're
not worn out, we haven't done anything for goodness sake,
So I cancel my holiday. Sammy, thinking that I was
going on holiday, went oh, well, I'm not hanging around here.
I'm out. So he's gone. So anyway, so he's off
on China Eastern Airlines and do we have her on

(01:08:44):
the How is this so impossibly hard? Anyway? Next problem,
Tim Sammy goes and books himself on China Airlines with
no bag.

Speaker 12 (01:08:53):
Oh wait, but how long's he go? He's going for
a weekend, right, or he's going.

Speaker 2 (01:08:57):
For going for next week? Yeah, he's going for next week.

Speaker 12 (01:09:00):
So what do you do? Oh my goodness, you know
what Roman did that? Mathis and Bay we get up there.
It's like I packed one pair of undies.

Speaker 2 (01:09:08):
Well, Sam, Sam's only got room for one pair of
bundies because he hasn't packed a bag. Cadi, welcome back. Oh,
for goodness, yes, there you go. It's like it's like
we just invented radio yesterday and we've just got a
few technical issues. All we needed a transmitter and we're

(01:09:32):
in business. But you think we're literally trying to create
nuclear fusion here. It's unbelievable.

Speaker 12 (01:09:37):
Oh, she's gone, She's gone again.

Speaker 2 (01:09:39):
Cadie, can we do you just why don't you just
been the rest of the segment, Kadie going, hello, my granddaddy.

Speaker 12 (01:09:53):
Can't get on the radio. You to be heard?

Speaker 2 (01:09:57):
Now, all you're doing is on the phone going can
you hear me? Can you hear me?

Speaker 12 (01:10:00):
Can you hear me?

Speaker 7 (01:10:02):
Well, it's so frustrating. I can hear you, and no
one can hear me. I don't know what's going on,
but anyway, carry on.

Speaker 2 (01:10:11):
What next problem, Katie?

Speaker 12 (01:10:13):
You just officially became a boomer? Congratulation was actually that?

Speaker 2 (01:10:17):
The answer, Katie was seven hundred and seventy dollars as
the savings that Sammy made O Way, Well.

Speaker 7 (01:10:22):
That's well worth it. That's phenomenal.

Speaker 2 (01:10:24):
Agree more, here's his next problem. He used our coffee
money to pay for the ticket. Good, so he should Okay,
next problem, he hasn't got any bag because he booked
no bag.

Speaker 7 (01:10:39):
Oh yeah, so well he'll just have a carry on, right, Yeah.

Speaker 2 (01:10:42):
That's what he thought he could, thought he could do
a week's holiday with just to carry on. I think
that's that's adventurous to say the least.

Speaker 7 (01:10:49):
Yeah, but people can do it. I mean, obviously not
needed to take you one hundred mils of oda pathlon
left and right. You know, you'd need all your and your.

Speaker 3 (01:11:00):
Bag.

Speaker 7 (01:11:00):
Yeah, a lot of velvet, a lot of marino. In
no way you'd be able to do that. But Sam can.

Speaker 2 (01:11:05):
He's unfortunately now moaning because he's in the middle seat
in rows sixty eight and he said, he said he
doesn't want to be in the middle row and in
the middle seat in row sixty eight, but for seventy
five dollars he can go to the seat in economy
where you get some extra leg room.

Speaker 7 (01:11:24):
But it's we're only going to Australia, right, That's what
he said. It's it's worth it, it's worth a saving.
It's not I mean, it's not like you're flaying twelve
or more hours, okay, because.

Speaker 2 (01:11:34):
I offered to give him seventy five dollars for the
lig room. Oh, that will be nice, go on do that, Yeah,
I said, give us but then he said, well, I said,
I'll give you seventy five dollars for the lig room.
But then he said, I've already spent your coffee money
on the ticket. And then I got a bit angry.

Speaker 7 (01:11:53):
Give him the money anyway, A lot?

Speaker 2 (01:11:56):
Okay, he does, he puts up with a lot.

Speaker 12 (01:11:58):
Yeah, and stop calling him a junior research shirt.

Speaker 2 (01:12:01):
Well, Jason, Jason, who's the boss, I must introduce Jason. Jason,
who's the boss of the company, came in and said
to me, he said, look, I don't coat you often,
but you you're failing badly at this particular department. You're
just introducing people know and knows who you're talking about.
So give everybody a job title. And so Sammy's job
title is junior research assistant and Jason's job title is
the boss of the company. I'm Mike from christ Church

(01:12:23):
and I host the title.

Speaker 7 (01:12:26):
As executive producer of the Mike Hosking Breakfast.

Speaker 12 (01:12:28):
Doesn't it thank you?

Speaker 2 (01:12:29):
I don't think it is. I think that's the title.
I think that's the title of the pile. No, he's not.
He's that's the title he invented, but it doesn't refract.
He doesn't reflect that one in his performance.

Speaker 22 (01:12:38):
This is the guy who literally makes you every day,
and you need you need to give him the seventy
five bucks, and then you need to look him in
the eye, shake his hands and say thank you sir.

Speaker 12 (01:12:48):
Well, let's listen to some Morgan Wallen.

Speaker 2 (01:12:49):
We'll do that, okay, So Katie, can you transfer the
seventy five for Sammy and make sure that that's done?

Speaker 12 (01:12:55):
Katie could a pocket, but he's yet.

Speaker 2 (01:12:59):
No, no, no, it's simply oh, you could be seventy
five times too, well, isn't it both ways? Well, actually
this puts a whole new complexion on it. I don't
know about that. So let's let's send them one way
and see see how it goes. See how it goes.
I think we saved the segment. I might be speaking
too soon, but it sort of it sort of came

(01:13:19):
back to life. Katie, thanks for Hey, can I before
go Andy?

Speaker 7 (01:13:23):
Can you please play chapel Ron's new country song she's
released just for Mike.

Speaker 18 (01:13:28):
It's not a.

Speaker 2 (01:13:28):
Requiesition, people, Tim Wilson cable to be a twenty.

Speaker 6 (01:13:32):
Three keep a load of for for sitting by me,
four of the jeepers and of creepers who ain't around.

Speaker 1 (01:13:43):
The Mike asking breakfast with Bailey's real estate news talks.

Speaker 2 (01:13:46):
Did be the Ben Campbell feedback has played out the
way I thought. I'll come to that in just a
couple of moments. Mike. We did five weeks in Europe
last year, five weeks with carry on five weeks. I
remember that post COVID, that was the thing. My wife,
Mike and I just had three in Italy with one
carry on bag each oy. That was a post COVID thing.
The airports were a shambleton. No one wanted to lose
their luggage. We found Chapel Rowan, we got Chapel run

(01:14:10):
as requested. We're doing requests here this morning at zab
I eight hundred eighty Eternadi for your favorite song for
this Easter weekend, Yeah, being Campbell, Mike, do you trust
the media? Every time you quote the batim from the Herald,
I feel uncomfortable now. I read it first, and that's
that's I'm the conduit between what might be and what
really is. Mike, it's probably a load of rubbish. It's

(01:14:31):
just a diversion from the story on mister Doyle. I
was waiting for the conspiracy theory, Mike. I still can't,
after all these years, understand why we're not going down
the nuclear fusion route. That's a completely separate subject. But
I might come back to that if I have time.
I'm in the Island Electric, Mike. I voted for Hamish.
I couldn't give a rats what he does in his
private life. That pretty much sums up with you, generally speaking.

(01:14:53):
Let's go to Britain, the big Supreme Court ruling on
women after the News, the Breakfast.

Speaker 1 (01:14:59):
Show, we Trust to stay in the Nose, the Mike
Hosking Breakfast with the range Rover, the law designed to
intrigue and use togs dead b.

Speaker 23 (01:15:17):
I want this already, inga and the Summer that afternoon
on meeting Nicolls from the Stars and the Bars and
a Faddy.

Speaker 2 (01:15:30):
So Cadie's right again. So that's a winner. That's Chapel Royan, Mike,
I'm with you. Love Morgan Wollen wins the New Old.
I think the album's out now Ish they're about sooner
next month, you know, it's within the realms. It'll be
ready for Christmas. Don't worry about it, Mike, I agree.
I don't agree with Andrew Little is a bit of this.
It's interesting. I might not agree with Andrew Little and

(01:15:51):
as political philosophy, but I've always seen them as competent.
He certainly would have done a better job than a
doing a PM. That is true. I think in hindsight
that is true. I really hope that for the sake
of the city, as in Wellington, the people, he lends
the mirror role. I don't think there's any doubt about that.
I think you'll find by the time that the thirty
three point three percent of people actually turn up to vote,

(01:16:11):
he will bolt home and probably deserves to. And he
enters a race which really, as long as you've got
name recognition, a little bit of a track record, you
don't make a complete and utter fall of yourself. I mean,
if you can't beat Tory, fine out, Literally no one can.
Twenty two minutes away from.

Speaker 1 (01:16:27):
Nine International correspondence with endsit eye insurance, peace of mind
for New Zealand.

Speaker 2 (01:16:32):
Business, we go Roderick, Good morning to you mate.

Speaker 15 (01:16:35):
Good morning to you mate.

Speaker 2 (01:16:36):
So the High Court decision, Scotland lose, the rest of
the world win. As far as I can work out
how big a deal in you're part of the world.

Speaker 15 (01:16:45):
Massive and the front page news on every newspaper and
it is remarkable that confront page news on every newspaper
be court decides that women are adult females. But that's
effectively what they've done. And so the last decade and

(01:17:07):
a half of increasingly shrill and intransitent campaigning by groups
such as Stonewall that that are that are that are
Brooke who has transitioned to being a woman actually is
a woman, has come to nothing. It's over and there

(01:17:27):
is enormous relief, relief amongst you know, the famous people
such as Sharon Davis, one of our greatest athletes, who
who worried about women competing against men in Olympic sports. JK. Rowling,
who was suffered so much pelification simply for saying this

(01:17:48):
point over over the life and the little people as well,
the people you know at Darlington Hospital which is very
near where I am, five nurses suspended because they didn't
want to get changed in a cubicle which was inhabited
by a transitioned male, who have an enormous penis, which

(01:18:12):
you know, and it looks as if we've taken leave
of our sensesis the last twenty years?

Speaker 2 (01:18:20):
How is it that say? I mean, so the losses
for Scotland is it? Is it taken by everybody jurisdictionally
speaking now and run with or well?

Speaker 15 (01:18:31):
Certainly, one of the remarkable things, and one of the
funny things over here, is the various means which are
going down about Labor people who's including David Lammie. Of
course David Lammy has to be in this, who said
that he believed that men could grow a cervix if
they tried really hard, which is a remarkable interpretation of physiology.

(01:18:56):
So all of the Labor Party is saying, we respect
this judge, we agree with it. Well done. Remarkably, the SNP,
the Scottish National Party, is saying we respect this judgment,
we agree with it. I haven't heard from the Greens yet.
I don't think they will respect it. But it's it's

(01:19:16):
it's it's pretty much as it's a nightmare has been
lifted from the country, do you know what I mean?
Real night?

Speaker 2 (01:19:25):
What I find fascinating about it is is one unanimous
and it doesn't even think that. It's not nuanced, it's
not subtle, it's not open to interpretation. It's just you
lose the terms women and six and equity twenty ten
to a biological woman biological six that and we all
agree with it. It couldn't be more black and white
than that.

Speaker 15 (01:19:46):
It couldn't be more black and white than that. Here's
my worry, because we always think that our law call
to Christine, and they're not. Of course, my suspicion is
that if this case come before the super the Supreme
Court five or six years ago, he would have been
a different decision. But I think that the pendulum has

(01:20:07):
swung way back, way way back into the other direction,
and that now and frankly, you know, what the Supreme
Court has decided is what ninety eight percent people in
Great Britain always thought all the way through it exactly,
you know.

Speaker 2 (01:20:25):
Right, let's deal with the Is there any hype?

Speaker 12 (01:20:28):
This was it?

Speaker 2 (01:20:29):
Jennie Vance the other day was saying, oh, no, Trump
likes Britain, so let's do a deal and all that,
and does this going anywhere?

Speaker 17 (01:20:37):
I don't know.

Speaker 15 (01:20:38):
I mean I spoke to Spatsi and Gorkher as an
advisor to Trump and begged him on air, live on
air Mike in a kind of supplicate manner, to spare
Great Britain from sanctions and his from terrace. And his
response was, I think you are going to be better

(01:20:58):
than all right. And I think that at the end
of this we will end up probably better than all right,
and probably in a better position, certainly a much better
position than we would have been in if we've been
in the European Union, and probably a better position than
most of the other USA allies. So I think I

(01:21:21):
think there is something for Sekeir starm to gain from
this which will help him, because his latest opinion polls
are terribly bad, one in the Sun yesterday or the
day before yesterday, I forget, which suggested that two thirds
of the country now wants a reform government. So that

(01:21:43):
might be a lesson to Sekiir as well, that while
he's been doing very well on foreign affairs in the
last two months, very well, indeed very adept, the same
thing isn't really sort of striking home in Britain.

Speaker 2 (01:22:00):
No, indeed not all right, mate, we'll talk some more
next week. I appreciate it. You have a good Easter
Rod a little out of Britain this morning already sixteen
to nine.

Speaker 1 (01:22:08):
The Hike Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks at.

Speaker 2 (01:22:13):
B thirteen away from Nine's her best story, probably of
the year. It is such an Auckland story. So Ellie
Williams of All Blacks Fame, Anna Mobray of Zuru Fame.
There are a couple. They may be married. I think
it doesn't really matter. They have a nice house and
they've applied to land their helicopter in their front yard.
This is in suburbia. This was never going to go

(01:22:33):
well for them. I probably if they'd rung me and said, Mike.
I don't know them obviously, but if they'd rung me
and said, Mike, you reckon, we'll get away with landing
a helicopter in sububia, I probably would have gone. Chances
are no, because nothing's worse than a council who sees
wealthy people coming along wanting to land the helicopter in suburbia,
not to meet you neighbors. Anyway. There is a three
hundred and fifty six page report from the council planner

(01:22:57):
into this. Instead of just going hello, wait Land to
Helle drive the lawn no Clague three hundred and fifty
six pages later, and several things absolutely fascinated me. There
were thirteen hundred and ninety six submissions. Now this is
a job for Sammy to ring the council and find
out how many submissions do you get on an average
you know, an average application. I want to build a garage,

(01:23:19):
I want to do something. How many applications?

Speaker 12 (01:23:21):
You know?

Speaker 2 (01:23:21):
How many submissions do you get? It's thirteen hundred ninety
six A lot. My suspicion as it is, of the
thirteen ninety six, thirteen hundred and two were opposed, eighty
nine were in support, five were neutral. How is it
you're so bored with life that you submit to the
council and don't say anything. Oh, I don't know, I

(01:23:42):
don't mind. You want to land a helicopter, I don't mind.
Space you can. I submitted to the council anyway. The
ecological environmental nuisance disruption, all of that sort of stuff
with covert as you would affect Somebody pointed out to
herd the cowa trees and cliff planting would be forty
impacted Gil Chapel, or it could be Jill Chapel submit

(01:24:06):
it on behalf of Quiet Skies White Matter. Now, the
Quiet Skies people are the most nauseating people in the
history of the world, and they're sort of present in
places like Wayhiki. They hate no This is just to
give you an insight in the country we are on.
While I suspects a flight path for helicopters, and they
fly over us to go to Northland. Rich Americans fly
to go to Northland to the lodge is there, and

(01:24:26):
all the rich locals fly to go up to tara ETAs,
a very flash golf course, and they fly over our house.
I love them. I think it's fantastic. It's a noise
for about two or three minutes possibly. I like the noise.
I see people in those helicopters. I look up and
I go those people doing well. They're spending money, they're recreating,
They're boosting the tourism industry. I'm under the flight path.
I love helicopters. These quiet sky losers, they just want

(01:24:49):
peace and quiet. They want their own little piece of
New Zealand and everyone else can bugger off because they're
selfish and myopic. Uru tang Uru tang of Hunebe said,
our kids would love to see the helle up in
the sky or land near water and will be super cheerful.
That's what Urutang's kids will, They'll be super cheerful every time.
Then Josh came in from Silverdale. Now, if you don't

(01:25:10):
know Auckland, Silverdale's about one hundred kilometers from where they
want to land their helicopter in Herne Bay. Why is
somebody from a place that's not even affected submitting their
view as to whether or not you should be able
to land a helicopter. A developer called Gary against the chopper,
noise and wash. This benefits very few and inconveniences most
of the community. Once approved, those rights cannot be revoked. Craig,

(01:25:34):
who's the chairman of the Nelson branch of Forest and Bird,
This is an Auckland. Remember, Ali wants to land as
helicopter in Auckland. Meantime, Craigan, Nelson is submitting to the
Auckland Council about Ali and is helicopter in Westmere and Auckland.
What's the matter with New Zealand That one you're submitting
on things that have nothing to do with you. Two

(01:25:55):
that you open a process that requires three hundred and
fifty six pages of writing and time wasting and cost,
and this all turns read the whole thing in the Herald.
You can't write a comedy more funny than this. Nine
Away from nine the.

Speaker 1 (01:26:11):
Mite Hosking Breakfast with a Veda Retirement Communities News togs
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Speaker 2 (01:26:16):
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(01:27:46):
standing two hundred to three hundred. She's whacked on an
Entra Extra show in Melbourne. She's going to Brisbane, Melbourne, Sydney.
So she's still as hot as a hot thing. Five
to nine trending.

Speaker 1 (01:27:56):
Now will Jim as well book in your flu vaccination Today.

Speaker 2 (01:28:01):
They've remade the road well, they're calling it the Roses.
They've reimagined the War of the Roses, which was Douglas
and Turner, which was a very good movie anyway, black
comedy couple who seemingly happy life implodes, they go through
the divorce process, will be condictive lawyers, do you.

Speaker 12 (01:28:15):
Dear, I do anything?

Speaker 10 (01:28:17):
I do believe that's true.

Speaker 2 (01:28:19):
It really is.

Speaker 4 (01:28:21):
Theo Rose, my favorite architect.

Speaker 12 (01:28:24):
How's married life? The kids are amazing? Right, don't drown?
Ivy's a monster success.

Speaker 1 (01:28:31):
I sense trouble.

Speaker 2 (01:28:33):
How was your day? The neighbor's dog shout in the laundry.

Speaker 1 (01:28:36):
The kids have got nets together in my left eyes twitching.

Speaker 17 (01:28:38):
More champagne for me, please, if you need a shoulder
or an inner side of lean run. I'm kidding.

Speaker 2 (01:28:45):
Infused with Taragan good more business Ivy.

Speaker 1 (01:28:48):
They see even a little bit of herself and everything
she does.

Speaker 12 (01:28:50):
I love this fun banter you guys do.

Speaker 1 (01:28:52):
Sometimes Avey's mad at me and I can't even tell.

Speaker 12 (01:28:55):
Sometimes he's got his cock in me and I can't
even tell.

Speaker 2 (01:29:03):
Best trailer yet, Sensational Bended at cumber Patch, Olivia Coleman.
Fantastic if you haven't seen it. By the way. Lenny Kravitz,
who's a real SI. I'm not a huge fan of
his music, but he's a style king. Architectural Digest, which
last time I alerted you to it had Walton Goggin's house.
Now he's got Lenny Kravitz's apartment in Paris. If you

(01:29:24):
want to see some architecture to make your eyes water,
that's the one. Anyway, whatever you're doing, you have a
fabulous Easter and a rest with a family and all
that sort of stuff. And always remember, I'm a little
bit crazy, but the world's insane.

Speaker 17 (01:29:37):
Eh.

Speaker 2 (01:29:38):
And you will see you on Tuesday, Happy Days.

Speaker 6 (01:29:45):
Oh am, A a little crazy what the world is saying?

Speaker 1 (01:29:49):
For more from the Mic Asking Breakfast, listen live to
news talks it'd be from six am weekdays, or follow
the podcast on iHeartRadio.

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