Full Show Podcast: 19 February 2025

Episode Transcript
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Speaker 1 (00:00):
New Zealand's home for trusted news and views, The My
Hosking Break Bend with a Vida Retirement, Communities, Life Your
Way News, Togstead be Lean, Welcome.

Speaker 2 (00:10):
Today, therb and their cash Right call at the US
and the Russians had a word over an Answer Brown
Rot that gob smacking report to the public Service. A
Hamish Kurve Winner, He's willis Ginyan Market, the Politics after Rate,
Richard Arnold Steeve Price they.

Speaker 3 (00:22):
Bring the gold as well, pasking.

Speaker 2 (00:24):
Middle of the week, seven past six, As we await
today's pronouncement from the Reserve Bank on our much debated
cash rate, can I remind you of a couple of things.
One the article I quoted from and alerted you to
last week from the Australian Broadcasting Corporation, which looked at
the Australian economy and compared it to ours specific like
for like examples, which included the Reserve Bank's approaches to
monetary policy and jobs. The conclusion could be seen in

(00:47):
the desertion of New Zealand by the tens of thousands
that had hopped on a plane to Australia. The second
example came last week at the Wycat University Economic Forum,
where some economist sat on a stage told us of
the staggering incompetency of our Reserve Bank and its maniacal
approach to throwing money at stuff, despite the fact that
after a while a lot of the fears that had

(01:08):
been peddled didn't actually come to pass, and as a result,
throwing more money it stuff would be counterproductive. And yet
they did it, and as a result we got a
level of inflation a mile higher than it needed to be.
And once that all worked its way through the system,
we had to lay off a whole lot more people
than Australia. Remembering, of course, Australia's jobless rate is less
than four percent of ours azo over five still climbing.

(01:28):
Hence today when another large cut is coming, because so
many things came to a halt, we had a recession.
In fact, we had three recessions, while Australia had exactly none.
The debate today is whether it's the last big cut
I e. Fifty points. They will argue inflation is well contained,
which in and of itself is an issue given they
have done the job, and yet where's the normality, where's

(01:48):
the growth? Whereas the damage they've caused so great. We
might have a little bit of inflation, falling interest rates,
and we still can't get ourselves off our knees, remembering,
of course, that a lot of an economy is psychological.
Will you speak, will you hire? Is their growth? Do
you take a punt? That's the narrative of the government,
of course, are desperately working on at the moment. I
still argue and the HSBC backed me up with their

(02:09):
summation that no one anywhere got hit economically like us,
that the Reserve Bank and their actions have a lot
to answer for, and to this point they've gotten away
with it largely. Scott Free.

Speaker 3 (02:21):
News of the World in ninety three, right warn News.

Speaker 2 (02:24):
As you've heard, the Russians and the Americans had words
overnight in rear.

Speaker 4 (02:27):
The goal is to bring an end to this conflict
in a way that's fair and enduring, sustainable and acceptable
to our parties involved. What that looks like, well, that's
what this what the ongoing engagement is going to be
all about.

Speaker 2 (02:38):
And given Europe and Ukraine weren't their major concern is one,
well they're not there, but to a fear as to
where the Russia can be held to any deal.

Speaker 3 (02:46):
It is capable to provide guarantees. It's not about goodwill,
it's about.

Speaker 5 (02:51):
The strength of the country.

Speaker 1 (02:52):
And why do we need this, why do we need
this security guarantee in order not to give Rusher was
charged repeat, there was a horrible war.

Speaker 2 (03:02):
That's Zelenski translated War number two. Ceasefires holding more hostages
around this weekend.

Speaker 6 (03:07):
All six who were due to be released who is
still alive in this phase of the ceasefire will come
out on Saturday, four who were taken on October the seventh,
and also two who have been in har mass captivity
since twenty fourteen.

Speaker 2 (03:22):
Then yesterday's Canadian plane crash. Everyone survived, but what a run.

Speaker 3 (03:25):
There was no warning from the pilot. There was no
physical warning either.

Speaker 7 (03:30):
I didn't feel like anything was wrong until kind of
just like the second the wheels touched the ground.

Speaker 3 (03:35):
Then it all kind of went and mayhem from there.

Speaker 2 (03:39):
Question is still around how it all went wrong. It's
very early on.

Speaker 3 (03:42):
It's really important that we do not speculate.

Speaker 8 (03:46):
What we can say is a runway was dry and
there was no cross wind conditions.

Speaker 2 (03:51):
And then to Britain where the farmers had a meeting
with the government of the w Ongoing treatment and it
went fantastically well.

Speaker 9 (03:56):
There was absolutely no empathy for the section of our
community that are in the eye of this storm that
don't expect to live for seven.

Speaker 3 (04:03):
Years, whether they be young or old.

Speaker 2 (04:05):
If they don't expect to live for seven years, they
have no ability to plan.

Speaker 3 (04:08):
There was no empathy for those big people.

Speaker 2 (04:11):
Finally want to follow New York met Eric Adams is
in real trouble this morning. He's scandal plague of pills
allegedly accepting Numerous bryants and various countries have been charged.
But then Trump got involved one of them charges dropped
whole bunch of deputies then quit. Judge wants a word
this morning. Meantime, the governor, Kathy Hokl has called a
crisis meeting to see whether they're again a second. So
we'll keep you posting news of the world in ninety
to all go this morning, deary will get you to

(04:32):
the numbers. Numbers are okay, They're not great, but they're okay.
And then Michelle from the Reserve Bank in Australia, speaking
of reserve banks a quarter point. Everyone went wahoo until
she went we'll hold on here and then poured cold
water all over so more shortly twelve past six.

Speaker 1 (04:48):
The Mic Asking Breakfast Full Show podcast on iHeartRadio power
if by News Talk Sippy.

Speaker 2 (04:57):
Farmers may not be happy, but the wages average wages
in Britain can continuing to outpace inflation, which is always
a good sign. That's both in the public and the
private sector. Three point four percent between October and December,
and the unemployment rate remains unchanged at four point four
percent fourteen per six by that day. One man Jay
am I Wealth Andrew Callah, Good morning, morning Mike. Given
what we've seen in the dairy. The dairy although flat

(05:19):
this morning, flat Hash, It's okay, isn't it.

Speaker 10 (05:21):
Yeah, a bit of a pause in the UPWI momentum
and dairy prices. So global Dairy Trade Price Index has
fallen zero point six percent, so less than one percent
four So I don't think that's a material fall, is it.
The index was pulled lower by two and a half
percent fall in skim milk powder. I think that's probably
the most significant move across the products skim milk powder.

(05:44):
When I look at it, it's really been range trading
sort of since last August and the sort of two
thy seven hundred, two thousand, nine hundred range and the
key milk whole milk powder product, that category fells zero
point two percent.

Speaker 2 (05:56):
That's more or less unchanged, isn't it.

Speaker 10 (05:58):
That's the product that's been on a pretty strong upward trend.
That trend hasn't been without replacements along the way, remember,
So it's you know, it's not been a straight upward line.

Speaker 2 (06:08):
I think.

Speaker 10 (06:08):
Isn't it all about just holding the current levels now?
I mean the payout is at a pretty good level,
so I think you've achieved that.

Speaker 2 (06:14):
Look, but it was up two point two percent.

Speaker 10 (06:16):
Michael would make the comment that, remember, these commodity prices
do eventually feed through to the supermarket, as we saw
in the food price indexed data last week. So it's
good for producers, but consumers do pay the price in
the end.

Speaker 2 (06:30):
I don't know that is true. Michelle from the bank yesterday, geez,
it was all on twenty five points until she started talking,
and then it was all upside risk and don't go
spending any money into all over.

Speaker 10 (06:39):
I think it was the most begrudging quarter of percent
fall I've seen in the world. So yeah, we've got
the RBNZ today, Mike. We won't spend too much time
on that. It's it's time to wait and get the announcement. Really,
isn't it fifty basis points? It is priced in the
Arbanzad can see the spare capacity in the market. They've
already signaled this. It's the forward projections I think are
less clear. And some of this came through in the

(07:00):
RBA commentary as well. Because inflation in the US has
stopped falling. We here have got hints of inflation, We've
got elevated trade policy uncertainly.

Speaker 2 (07:10):
So I think it's all about the outlook.

Speaker 10 (07:12):
Yeah, it was a super begrudging call from the RBA yesterday.
The cash rate dropped twenty five basis points to four
point one percent. The hawkish call, it's the hawkish cut,
as it's been called, I think was that's probably a
good description, and that came through in the language in
the statement and was reinforced by the language used by

(07:33):
Governor Michelle Bullock at the subsequent press conference. They said
progresses might be made on inflation, but they're cautious about
their outlook.

Speaker 2 (07:40):
Upside risks remain.

Speaker 10 (07:42):
Some recent labor data has been unexpectedly strong. They do
seem a bit worried about the labor market, like the
actually the central forecasts for their inflation they've actually moved
it up a little in twenty twenty six. And I
think you were just talking about the jobs market. They've
moved down their unemployment rate forecast to four point to
the peak it was at four point five. We're looking,

(08:03):
you know, we're at five exactly where we're above that,
and we're still going. I think one aspect that should
be reflected in today's arbien Z commentary that was evident
there was this highlighting of global uncertainty, and you can't
articulate that in the forecast, can you, because it's uncertain
because that inherent nature of it.

Speaker 2 (08:20):
But it will feature exactly we will the Heartland bank thing.
Now correct me if I'm wrong, but I'm banks in
general of late have been putting less and less aside
for troubled loans and yet suddenly, bang, it's fifty million. Yeah,
this was surprising.

Speaker 10 (08:34):
I think, yes though, so Internet reporting, INTERDETX reporting season,
no announcement yesterday, but it's interesting news for a Heartland bank,
not one of the majors, but It's part of the
banking environment, isn't it. Yes, they announced an impairment expense
of just under fifty million dollars, and that's in response
to the impact of ongoing deterioration of economic conditions, so
they've effectively reassessed the potential to not recover these loans.

(08:57):
The loans go bad in this case relates mainly to
areas within the bank's motor finance and their business lending portfolios.
So you get the weak economic conditions, you lose your job,
you can't repay your loan. Your business is losing money,
you can't repay your loan. Heartland is getting tougher on
deck collections. But you need to put this, let's call
it fifty million dollars in context. Last year they made

(09:17):
profit of seventy four and a half, so fifty million
is a great big chunk of the potential profit. So
it's a big number and the market did.

Speaker 2 (09:26):
Not like that.

Speaker 10 (09:27):
So the share price hit about fifteen percent, which is
quite a big move, and it shall we contrast it
to the turners an away quickly?

Speaker 2 (09:35):
Are they the new Briscoes and freightways? They seem to
be able to do no wrong.

Speaker 11 (09:39):
Exactly.

Speaker 10 (09:39):
So they release their full year profit announcement push guidance
up but from fifty to fifty three million. This is
despite the challenging economic conditions. If they get their fifth
consecutive record results and that includes their Moti Finance division.
So in stark contrast to Heartland. It just goes to
show that sometimes different businesses can do different outcomes in

(10:01):
the same conditions, can't they exactly?

Speaker 2 (10:04):
What are the numbers?

Speaker 10 (10:05):
Well, the Dow Jones is fallen seventy five points, but
it's only point one seven percent, so nothing major. Forty
four thousand, four hundred and seventy small rise in the
S and P five hundred sixty one one seven and
small fall as we look at at the moment, and
the NASTAG has just gone under twenty thousand, nineteen thousand,
nine hundred ninety one. The forty one hundred, eight seven
sixty six barely moved overnight. The NIKA gained a quarter

(10:28):
percent overnight. The Shanghai Kongs it lost almost one percent.

Speaker 2 (10:31):
Actually closed at three three two four.

Speaker 10 (10:33):
The A six two hundred after that announcement lost two
thirds of percent eight four eight one. We lost eighteen points.
The NZX fifty thirteen thousand and fifty one Kiwi dollar
point five to seven oh three against the s point
eight nine a dozo Ossie point five four five four
Euro point four five two to two pounds eighty six
point five nine against the aepez En Gold are surged
overnight Mike two thousand, nine hundred and thirty two dollars

(10:57):
and break Cruge seventy five dollars and sixty three sets.

Speaker 2 (11:00):
See tomorrow, Andrew kellihert Jmiwealth dot co dot m Z.
Those defense stocks still rolling. Told you about them yesterday.
Polish defense equipment maker Luba one nine point three up,
German defense manufacturer Rank another seven point four hence sold
three point four Britain's Quinet Q two point nine. I
mean it's all the geopolitics. By the way, Nike, who

(11:21):
have fallen out of favor seemingly with a lot of
people around the world. Sales are down, the stock is down.
They've hired overnight Kim Kardashian, so they're going to make
Nike skims will disrupt the global fitness and active wear
industry with best in class innovation and service of all
women athletes. So I want you to see how that
goes six twenty one.

Speaker 3 (11:41):
The Best Good Day.

Speaker 1 (11:46):
The Vike Hosking Breakfast Full Show podcast on iHeartRadio powered
by News Talks at B So.

Speaker 2 (11:52):
It was this time yesterday the so called emergency crisis summit.
The macharn had called and they were all there, including
this bloke Sanchez from Spain.

Speaker 12 (11:59):
But I can tell in order for peace to be
fair and enduring, peace talks must have the active implication
of Ukraine, which is the assaulted country, and from the
political project which feels threatened, which is the European Union.
If we want a fair and enduring peace, and we
don't want a false closure, we demand an active participation
from the European Union and from Ukraine.

Speaker 2 (12:20):
Yeah, well that's sort of not news, it I mean,
I'm sure they took that stance before the meeting. What
we were looking for was something tangible, but nothing came of it. Starmacid, Well,
we need some sort of backstop, and I would have
thought that have a backstop based on the fact that the Americans.
Again I own half the country in terms of minerals,
so they'll be there anyway. The other meeting, which is
in Saudi Arabia rabernight Serge was there. He is his
At least, I.

Speaker 13 (12:41):
Think that the meeting was very useful. We didn't just
listen to each other, We heard each other, and I
think the American side certainly started to understand our side
of the argument, which has been many times expanded by
President Putin.

Speaker 3 (13:00):
Trending now with laws, great savings every.

Speaker 2 (13:05):
Day win for over four hours. They've got a couple
of demands. I'll work you through those. But once again
there was a fairly waftly as well AI department. Elon
Muscove and I took a small break from Doze and
unveiled Grock three. That's his new AI system. He says
is ten times smarter than anything else out there. Anyway.
Three of his team did this launch video to explain
what Grock three is all about.

Speaker 14 (13:23):
Welcome to the GROC three presentation. So the mission of
Xai and Grog is to understand the universe. We want
to understand the nature of the universe, so we can
figure out what's going on. Where are the aliens, what's
the meaning of life, how does the universe and how
did it start? All these fundamental questions. We're driven by
a curiosity about the nature of the universe, and that's

(13:44):
also what causes us to be a maximally truth seeking AI,
even if that truth is sometimes at odds worthwhile is
politically correct.

Speaker 2 (13:53):
The idea is the chatbot employees self correcting methods to
avoid the error is going to cost you previously premium plus.
If you're a member of X you got your blue
tick and fewer ads, that was twenty two bucks a month.
But if you got Grok, now you've got Grok premium plus.
It's not going to cost you fifty bucks a month
for a blue tick. Mike, when money was cheap the
week and greedy borrowed heavily thinking money would be cheap forever,

(14:14):
no one woke up and found the money in their account.
To just blame the Reserve Bank of the government for
inflation is fair but not entirely true, Tony. You're one
hundred percent correct. But that's where leadership comes in. Some
people can't help themselves, and that's why you have people
in charge of stuff. And the day that or gave
the banks the money for nothing, and there were no
guardrails around that, and I asked him specifically, I said,

(14:36):
you know full well, with no guardrails, all the banks
are going to do is lend it to people to
buy houses, and the housing market is going to go
through the roof and it's all going to end in tea.
As he goes, well, that's on them. So he's a
libertarian and that thought. But it's a very good point
you make. Anyway, More on that, More on THERB. Fifty points,
everyone says, fifty points. More on that. After seven o'clock
this morning, meantime news is next. You're on the my
costing recks.

Speaker 1 (14:56):
Not only setting the agenda, walking the big issues, the
mic honking breakfast with the range rover, the la designed
to intrigue, can use tokstad be you just.

Speaker 2 (15:08):
To wrap the meeting in readds four hours plus and
nothing tangible publicly came of it. But they want NATO
to disavow. This is the Russian scene fixated with this idea.
They want NATO to disavow its two thousand and eight
promise to one day give Ukraine membership. So not just
you know, I don't worry about it, they won't get membership.
It is worth noting that a refusal to accept Kievan

(15:29):
to NATO is not good enough. The Alliance must disavow
the book arrest promises of two thousand and eight. They
were trilling. Lavrov was trilling. He goes, look, we'll look
to the Ukrainians quote unquote if necessary, the idea next
stop apparently they set the two teams up. The next
stop apparently is Trump v putin back in read twenty

(15:50):
ten minutes away from seven. You haven't seen the pool
video of the plane landing. I sayed landing because it
did land in Canada. It landed fairly heavily, and once
it did land, it went fairly wrong. But it's still
that what happened there. So Richard Arnold's all over that.
So he'll be with a shortly meantime. Back here, police
are looking at a way to handle protests. This from
the Independent Police Conduct Authority, calling for the creation of

(16:12):
a system to manage and control mass marches. Common process overseas,
of course, but not here. Police Association President Chris carhillback, Well,
it's Chris, very good morning to you.

Speaker 15 (16:22):
Good morning, Mike.

Speaker 2 (16:22):
Why have we not sort of this previously.

Speaker 15 (16:25):
Yeah, it's a bit of a wonder, especially the way
the world's changed. I mean, demonstrations are gone from getting
the teench and you sell on and around the world.
That really disrupts off an intimidation and even violence these days.
And the big change too is the counter protests that
happen at the same time. So you've got two groups
opposing each other and so it's overdue. Well over you what.

Speaker 2 (16:47):
Do or what are the rioting instructions? When I'm a
consortable going up to a protest, what am I told
to do? Currently?

Speaker 15 (16:55):
Well, generally you're told there's a fine line and it
is very objective. But generally you're told people are allowed
to protest, so don't get involved unless you have to,
unless you see an obvious breach of the law. But
the problem with that is what's an obvious breach of
the law? I mean, should people be allowed to block
the Auckland Harbor Bridge as a protest when people are

(17:16):
trying to go to where trying to get to the airport,
these sorts of things. So I think having rules around
that so that people protesting, no, this is what you're
allowed to You step over that line, Please can arrest you.

Speaker 2 (17:27):
Do you worry and settings? Do you worry? In setting
up the rules? We're a little bit soft in this country.
The protest at the Hardbridge a very good one. In
my world, you don't do it because if I did
it today, I would expect to be arrested and somehow
protests to get away with it. And once you get
size and volume, you get issues with resources and stuff
like that. So does this necessarily solve it? If they
don't do it.

Speaker 15 (17:46):
Right, it doesn't necessarily solve everything. But I think it's
the same. You're going to have problems arrest in everyone.
There's you know, mass disorder, and they agree that they're
just going to break the law. But targeting these organizers
and the courts hold them accountable then, you know, like
Destiny is a good example, isn't it. I mean that

(18:07):
constantly pushing the life. If they were to go over
the new law, then some of the key leaders could
be charged individually and I think held accountable. It's not
never be perfect in a prettiest situation, but at the
moment police are left not knowing really where they stand
many times.

Speaker 2 (18:23):
Between a rock and a hard place. Chris, appreciate your
time as always, Chris. Carhill Police Association may raise it
with Mark Mitchell for obvious reasons after eight this morning
twenty to seven, asking Mike, it's all too late for us.
The Reserve Bank went on holiday as the recession got
far deeper. No one spending about to close the doors.
It's not true that no one's spending. It may well
be in your area, and that's true. I feel bad
for you about to close the doors, make a dozen

(18:43):
good people jobless. It's done the pressing out here, and
we need a one percent cut now. If not more,
well you're not going to get a one percent cut.
If not more, I'm sorry to say, Mike. Debby Nardo,
a packer, claimed on television last night she was just
on holiday and the cooks with her husband. How coincidental
it was the same time there was a bobby're reading
far too much onto that she is celebrating her thirtieth

(19:04):
wedding anniversary. But you missed the headline. You buried the lead.
Here was the lead.

Speaker 16 (19:09):
We arrived at the airport and I wasn't aware of
what had gone on with the passport in the delegation
to China, and so there was this assumption that I
had arrived for that.

Speaker 2 (19:22):
I almost fell off my sofa because what she's saying
is as a member of parliament, a person active in
the community with an understanding of what's going on in
New Zealand and the region and the world. This is
just my view of what politicians should be. Clearly, I'm
completely out of touch. She had no idea of the
Cook Island story, the scrap between New Zealand and Winston Peters,

(19:42):
the fact that Brown was going to China, the fact
that China's in the Pacific, the fact they're signing a
cooperation deal. Debbie, I'm in parliament, the Parliament of New Zealand.
I had no idea what was unfolding as part of
one of the major stories of the last couple of
weeks in this country. How can you be that ignorant?

(20:03):
I mean, you're allowed to be that ignorant, but don't
be in parliament.

Speaker 1 (20:06):
God The mic Hosking Breakfast Full Show podcast on iHeartRadio
car it by Newstalks B.

Speaker 2 (20:14):
This needs more coverage too. Sneaky little petrol companies MB
Fuel and Porter margin has crept up to fifteen to
sixteen percent. Is that bad? Yes, it is right throughout
the start of twenty five. The long term average over
the past twenty years. I'll come back to this with
more detail later, but the long term average over the
past twenty years is eleven percent? Sudden it's running at
fifteen sixteen percent. Now you ask why brad Olsen looked
at this no clear reason. They're just ripping us off

(20:36):
six forty.

Speaker 17 (20:37):
Five international correspondence with ends and eye insurance, peace of
mind for New Zealand business.

Speaker 7 (20:42):
So Tid Reginald morning to you a good wedding mane.

Speaker 2 (20:45):
Now was this true? So they sack these people, then
they go to hire them, but they can't find them.
What the hell is going on?

Speaker 18 (20:50):
You know?

Speaker 7 (20:50):
The latest government sackings here way Elon Muscular's minions have
turned into a total fast funny if it wasn't really dangerous.
The Nuclear Security ad Minute Stration was given just a
few hours to fire hundreds of their workers as part
of Musk's government efficiency deal. But these Muskites didn't even
know who they were sacking. The managers were given two

(21:11):
hundred characters or less. I guess they had to prove
robots first, too right to explain why their workers matted,
So they drop a list of essential workers and pleaded
to keep these people on the job. None of that
mattered to Elon Musk and co. Hundreds of these staffers
were sacked and their emails work emails were cut off,
leaving the Hanford Nuclear site with only a skeleton crew.

(21:31):
Hanford is where they produced the plutonium that the United
States dropped on used in bombs that were dropped on
Japan to end World War II. They had nine nuclear
reactors operating on site at one point, but it remains
an area with the highest radiation dangers. The NN essay
the nuclear security people oversee the fifteen hundred square kilometer location,

(21:52):
which is the most contaminated radioactive site in the West.
In nineteen seventy six, there was an explosion at one
building at Hanford, and the radiation was so intense they
couldn't even start to go in and try to clean
it up for twenty nine years. Do you think they
should be looking after this place? Trump just fired the
people who do this work, through Elon Musk and his

(22:13):
teenagers and twenty somethings. Once they sacked these folks, they
had second thoughts, maybe nuclear security is important, so they
tried to rehire them, but they found they could not
reach them because they'd cut them out of their email network.
They don't know how to get to these people. Trump
also has begun firing folks at the Pacific Northwest National Lab,

(22:33):
which also does nuclear security. The agency Trump just gutted
runs as well the US nuclear labs and expects US
nuclear weapons to make sure they are secure and that
the weapons are not stolen, no terrors get in whatever.
Trump and must just sack several hundred of those experts
as well. Now, since they cut them off from their
work emails, they have no way to say, oops, we

(22:54):
want to unfire you. So all this was done by
Doge or Doggie or whatever self named government efficiency team.
Trump had Musk and his kids fired these nuclear experts
with no idea what they actually were about. So that's
the problem. But at least Elon Musk gets, of course,
billions upon billions of dollars to build those rocket ships
from Mars since he expects the planet Earth will be destroyed.

Speaker 2 (23:17):
I've been watching the video of the plane and did
one wheel fold up when it landed? Do we know
what's going on here?

Speaker 7 (23:24):
It might have been the only thing that was intact right.
Pictures of the wreckage certainly suggested it was a bit
of a miracle that this flight from Minneapolis to Toronto
got on the ground with no one being killed. Eighty
people were on board. Passenger John Nelson says that plane
hit pretty hard, and then he says.

Speaker 19 (23:40):
It was just incredibly fast. There was a giant firewall
down the side. I could actually feel the heat through
the glass, and then we were going sideways. I'm not
even sure how many times we like tumbled, but we
ended upside down.

Speaker 7 (23:54):
Yeah, we've just had a briefing. Twenty one people have
been injured. Two of these folks have critical injuries remained
in hospital. Another passenger, Peter Kukoff, who was able to
take some video of his departure from the wreckage of
the plane. A plane crash, Yeah, people hanging like bat

(24:15):
said another meantime, the airport fire chief said this.

Speaker 19 (24:18):
The runway was dry and there was no cross wind conditions.

Speaker 7 (24:22):
Really, that is not what passenger Nelson was saying.

Speaker 3 (24:25):
Here's what he said.

Speaker 19 (24:26):
The winds were a weapon pretty hard and the runways
were snow covered.

Speaker 7 (24:32):
Well, we could all see that the wind was blasting
or there were no cross winds. Only one of those
accounts can be accurate, right, But some are noting that
this is the fifth plane crash since Trump took office. Now,
US air safety investigators had taken action against Elon Musk's
SpaceX so Musk insisted that the Federal Aviation Administration boss
be fired, and that person resigned on the day Trump

(24:53):
was sworn in. Trump didn't bother to appoint a replacement
to run the Air Safety Agency until after the mid
air collision near Washington Reagan National Airport some days ago,
the one that killed fifty seven people. That soon was
followed by another deadly plane crash in Philadelphia, then another
in Alaska, then yet another plane crash would a tug
in Chicago, and a flight caught fire in Houston, and
two aircraft smashed into each other in Washington State the

(25:16):
other day, and a small ye at karin Off a
runway in Arizona. The US has sent an FAA team
off to Toronto right now to help investigate this latest
air disaster. But the Trump administration just between let me
see air crashes four and five told hundreds of FAA
staffers that they are being sacked as well, and many
expect to be locked out of their officers this very day.

(25:36):
So air safety, nuclear safety seemingly not a priority.

Speaker 2 (25:40):
So you appreciate it. Back to New York, Eric Adams
also involving Trump, so he's been dodgy. Is all dodginess
for a while. They go to Eric and go, hey,
these charges, don't worry about it, will drop that, to
which his various attorneys go what the hell and they quit.
And so now a judge this morning, a guy called
dale Ho, Manhattan District judge, suggests he's not going to

(26:05):
rub a stampless deal because it's highly unusual that the
DJO go to them, and the reason they want the
charges dropped, it's alleged, is because Eric's gonna help Trump
and co. With the business of the illegal immigrants in
New York City. Night Away from seven.

Speaker 1 (26:20):
The Mike Casting Breakfast with Bailey's real estate news dogs.

Speaker 2 (26:24):
Debbie ran Roach later on two things that shocked me
yesterday morning, Mike, why would you be surprised the Mary
parties Debbie and PS is ignorant about New Zealand matters
when Labours Chris Hipkins didn't even read the headlines Labor
the Greens into party Marry or Birds are the same
ignorant feather. The other thing that came out the kup
mar case, which we're still standing by for Pink to
make a decision on immigration. Another government department told us

(26:45):
yesterday they did not know how many children had been
deported because their parents did not have residents in the country.
So lord knows how many people are wandering around the
place illegally in this country. Why would that be Well,
obviously because they're incompetent. But the data is limited. It's
influenced by simple factors they tell us, visa validity, historical
data entry issues, which means fat thumb people put the

(27:05):
wrong numbers in missing and inaccurate border movements or both.
So pretty much when you look to the public service,
and I'm sure there are some very good people in
the public service, but at the end of the day,
what Brian Roche found yesterday are not to do with
the Kumar case but to do with the Manurewa Maria.
You just can't make it up. You literally cannot. If

(27:27):
you set out to be incompetent. If you woke up
and went I'm going to be really useless today, you'd
really struggle to outperform what he found. Anyways, with us
later five minutes away from seven, all.

Speaker 1 (27:38):
The ins and the outs, it's the fizz with business favor.
Take your business productivity to the next level.

Speaker 2 (27:45):
Of course, we're paying for it. Got more insight into
the magic of the workplace, speaking of which this morning,
the value of employee well being. So we've got this
report from you Are Group. They consolidated findings from Harvard,
ox for MIT and Deloitte, and they found the companies
that prioritize employees well being, whatever that may be, significantly
outperform the market. And it says financially smart for businesses

(28:06):
to be doing this. High well being scores that a
company translate to three times higher shareholder returns, fifty percent
las start turnover, twenty one percent increased profitability. For every
buck you invest in employee well being, businesses can expect
four dollars back, and of course you get the reduced absenteeism,
all of which sounds fantastic. But despite the benefits of
well being, the well being by the way that eighty

(28:26):
five percent of executives say helps them be competitive, you
got it, they don't actually do it. Only twenty percent
of companies have a particular well being strategy in place.
Only two percent actually use that data from their programs
to help guide some of their decisions. So once again,
it's all theory which brings me to my hero of
the week, Jamie Diamond of JP Morgan, who was caught

(28:48):
on a leaked tape rallying against gen zetters who work
from home bullshit bureaucracy. His words not mined. He slow
decision making, phone calls going on answered younger recruits being
left behind because of the shift to remote working. He
hates it. Don't give me the shit that worked from
home Friday works. I call a lot of people on
Fridays and there's not a goddamn person you can get

(29:10):
hold of. I've had it with this kind of stuff.
He's concerned about the damage working from home was doing
to these young recruits. Accused the managers of failing to
keep the practice under control, of abusing the privilege to
slack off. There's no chance, and I'm going to leave
it up to managers. Zero chants. The abuse that took
place is extraordinary. A lot of you were effing zoom
and you were doing the following, looking at your email,

(29:30):
sending text to each other about what an asshole the
other person is not paying attention, not reading your stuff.
And if you don't think that slows down efficiency, Creativity
creates rudeness, it does, go Jamie, give him a knighthood.
I would news in a couple of moments. And then
but everyone's calling fifty. But the big question is what
happens after that. We'll talk to when economists get the details.

Speaker 1 (29:52):
Darn the breakfast show, Kiwi's trust to stay in the know,
the Mike Hosking breakfast with Bailey's real estate owning the buyers.

Speaker 3 (30:00):
Others can't use togs had been.

Speaker 2 (30:02):
Seven past seven. So Australia came to the punter's party
yesterday with their first interest rate cut and over four
years today it's our turn. We've been in the cut business,
of course for ages, given we overheated the place. And
it's another fifty today. But then what next is the
interesting scenario. BNZ chief economist Mike Jones with us Mike Morning.
Is there any anyone out there who doesn't say fifty?

Speaker 11 (30:24):
Not?

Speaker 20 (30:24):
As far as I'm aware. It's just about as consensus
a view as are ever going to get. I mean,
all of the people like me are calling it, and
markets are baked in a fifty with just about one
hundred percent precision, So yeah, it looks looks unindusted from.

Speaker 2 (30:37):
That, and some of these numbers we've seen in the
last week or so. The inflation figures might be a
bit of life there, the manufacturing services sector turning around.
Do they take into account any of that or not?

Speaker 20 (30:47):
Yeah, I mean there's there's been some unders and overs.
I think when you put it all together, though, things
are tracking pretty well as the Reserve Bank expected when
they last met back in November. And let's not forget
when they met in November they basically said they're going
to cats few points today and there's something sort of
wildly threw them off off track, and I don't think
that has happened. So it looks likely that we'll get

(31:07):
that big cut today.

Speaker 2 (31:08):
And how much consensus have we got round post fifty.
Is it twenty five and twenty five and we're done
or not?

Speaker 17 (31:15):
I know.

Speaker 20 (31:15):
I think from here it gets trickier. I think the
reducy bit in the statement today is going to be
what the Bank say is about the path for interest
rates from here, So it's going to be this mad
scramble as we'll go to the back of the document
and have a look at the forecast. I think there
is an expectation that things will slow down to that
more regulation twenty five basic point cut permitting type of

(31:37):
run rate. But I think really the interest is in
just how low it goes. Ouration is the sort of
neutral around three percent or maybe a little bit below that,
But there's different opinions there.

Speaker 2 (31:50):
How much of the psychology is at play at this
particular point. And I cite those numbers, and I cite
this ongoing commentary that apparently by the end of the
year things are going to be growing again, but we
need people to think and believe that and act on it,
don't we And who can guess whether that's going to happen.

Speaker 20 (32:09):
I think that's right, and I think if you look
at the numbers that are coming through, there has been
this big divergence between confidence and in confidence. Business confidence
and confidence has been riding high on the expectation their
interest rates keep climbing, but we haven't really seen that
much evidence so far and the hard numbers that the
economy is turning around. Now we are starting just this

(32:30):
week and last to see a little bit more that
in that regard, which I think is encouraging. But you
know that the recovery is by no means assured. And
I think the point is that recovery is built on
the expectation that rates keep coming down from here. So
today's fifty you won't be the last. I think we
see the need to keep cutting the official custript from
here to get stimulus back into the economy.

Speaker 2 (32:52):
Great stuff, Mike, appreciate it. Mike Johnes who's with the
B and Z chief economists for them. Ten minutes past seven,
so he talks to me. In the war underway over
nine as you well away between the US and of
course with Russia in Saudi Arabia, civil parties missing there,
which is part of the ongoing engst in Europe as
we saw in the last twenty four hours. Senior expert
on Russia at Britain's Chathamhouse, Kia Giles, as well as Kia,
morning to you, Good Morninggg. Just in a very broad

(33:14):
based question, what we are seeing in the last week
or so, this tumult. Where do you place it in
terms of history?

Speaker 21 (33:22):
It is a historical moment, it for sure. It's a
huge upsetting of all of the assumptions that were underpinning
everything to do with Euroatlantic security and by extension, everything
about the United States is placed in the world. For
all of those alliances, all of those partnerships globally, where
the United States was the underpinning of what kept the

(33:44):
world secure, now suddenly it's the world's biggest problem. And that,
of course is a massive turning point. It's not just
Europe that should be concerned, it's everywhere that sought protection
from aggressive neighbors with the United States as its partner,
and now finds that the United States is the aggressor.

Speaker 2 (34:01):
So what we got publicly anyway out of this meeting
overnight and read was that Levov wants the like put
aside that two thousand and eight promise on NATO. Disavow
yourself of that. What else do they need?

Speaker 21 (34:14):
Well, there's some very fundamental differences between what the two
sides went into these talks expecting to get out of it.
Now you mentioned a moment ago that these were talks
to end the war. Well not as far as Russia
is concerned. Russia wanted from this a normalization of relations
with the United States, and because they had a plan,
that's what they came up with. Meanwhile, the US said
it was just trying to gauge how interested Russia was

(34:37):
in peace. Well, we know how interested Russia was in peace.
If they wanted peace, they would just stop fighting the
war and go home. So the two sides had very
different expectations, very different results coming out of it. And essentially,
as so often, Russia has come out of this getting
everything they want and the United States is left scratching
their heads.

Speaker 2 (34:54):
So where does this leave a Putin Trump meeting. Do
they need to go a lot further down the road
before that happens or not.

Speaker 21 (35:00):
Well, nobody was expecting. Some people are promising and putting
Trump meeting soon, but nobody was realistic is expecting this
to happen. And of course that is a carrot that
Russia can dangle to get further concessions from the United States.
They know that Trump wants this, They know that Trump
is keen on rehabilitating Russia, welcoming Putin back in not
as an internationally wanted war criminal but actually his best mate,

(35:22):
to bring him over to the United States. And of
course they will play along with that and they will
get as much as they can from the Trump administration
in return.

Speaker 2 (35:31):
Right, But Putin also, I'm assuming wants the water were
in for domestic purposes. He get it's a meat grinder
out there, and I'm assuming a number of Russians are
getting a bit sick of it.

Speaker 21 (35:40):
That's a perfectly reasonable logical assumption when you look at
it from any normal country, and in particular any democracy.
But it doesn't seem to be the direction that Russia
is going now. Nobody's in any doubt that this is
causing huge, irreversible damage to the Russian economy. It's chewed
through hundreds of thousands of Russians, blighted, their lives, they're
dead or maimed. Russia is showing every sign of pressing

(36:01):
on regardless because those aren't important compared to the price
that they have their eyes on. Well, if they were
to be deterred by any of those, there's things they
would have stopped by now.

Speaker 2 (36:10):
So we've got a ways to go. We'll stay in
contact here. Appreciate very much. Kia Jiles, who's senior expert
on Russia at Chathamhouse in Britain. Thirteen minutes past seven,
I was skiing him limited details. So Brown's back in Raratonga.
They're still sort of standing by, apparently for a vote
of no confidence in the parliament that's been delayed. Why
you would protest about something you don't know what's in

(36:32):
I have no idea, but he's going to apparently at
some point release at. What we do now is they
got four million for nothing. China wrote them check literally
one off grant for for a bunch of papers that'd
have four million bucks, and they're going to sit down
and work out how to spend that. Meantime, Debbie's there protesting,
which is questionable at the best of times whether a
politician should be interfering in other country's processes. But we'll

(36:53):
talk to Mark and Giny about that. Winston. I'm assuming
it's still ropable, and I'm assuming that Mark Brown at
some point is going to pick up the phone. So
we stand by understand By fourteen past seven.

Speaker 1 (37:04):
The Like Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks at be.

Speaker 2 (37:10):
So Brian Roach on his gob smacking report yesterday, Every
department they looked at, absolutely hopeless. Ministry of Health, Health Department, Stats, Department, Stats, department.
Guy's gone. I don't know why some of the health
people aren't gone. Oh, that's right, they are. They quit.
I don't know whether they quit because they knew this
was coming, or they quit because they hate the way
the government are running things. But I mean, what a
mess it's got. Lestera Levy vibes about that, this job

(37:33):
that he's got, this gargantuan ship of hopelessness, and he's
trying to work out how to turn it around, if
not lighten the load anyway. Seventeen he's still to come
seventeen past seven Farm of confidence. Here we goes turned
around in a way that makes you ask what happened there?
Latest Fed Farmer's survey has seen it go from minus
sixty six to positive too. They've been doing the number
since two thousand and nine. This is the largest one

(37:54):
off improvement they have ever seen. Now the Fed Farmer's President,
Wayne Langford has with us Wayne morning.

Speaker 22 (38:00):
Yeah, morning might be a really positive result.

Speaker 2 (38:02):
Isn't it good? I mean, is it all the dairy
and the milk and everyone's what's happened?

Speaker 22 (38:07):
Well, there's a number of factors obviously. You know, there's
there's one side of our business, the income, and that's
definitely gone up. That's a positive result. But there's the
other side of the business, our expenses, and that's that's
where we've really gone to work saying, hey, how can
we get our farmers that confident in what's going on.
How can we get inflash under control and how can
we make sure that farmings as easy as possible so

(38:28):
that we can drive our businesses going forward.

Speaker 2 (38:31):
And that's working clearly well it is.

Speaker 22 (38:34):
It's I think the results are showing it that the
work that the government's put in last year, you know,
making some of the announcements they have around emissions, pricing,
around farm plans, getting all the time inflation under control,
which was a bee at as starting to see, you know,
comes through in terms of farmer confidence brilliant.

Speaker 2 (38:51):
Are the banks playing ball?

Speaker 22 (38:54):
Well, we've got we've got to actually inquire hearing this morning,
so so we'll see about that one. But then they
put the pressure.

Speaker 3 (39:01):
On, Yeah, yeez.

Speaker 2 (39:02):
What would you do to the banks if you're in charge.

Speaker 22 (39:04):
Of them, I'd look after my farmer's first. Farmers are
where they, you know, the backbone of this economy usually
after first, and now the rest will come from there.

Speaker 2 (39:12):
Is this sustainable? I mean, is this just a moment
in time? The sun has been shining, It's been a
pretty good summer over much of the country as well,
which kind of harmed it is this? Are we on
the right track here permanently, you reckon.

Speaker 22 (39:24):
I think if we keep going the way we are
trying to remove the red tapers we've been saying for
quite some time. You know, we're setting our farming businesses
up to be profitable to run the systems that they
need to run, which is a low cost. We've got
to low input systems in New Zealand. That's what we're
renowned for. And you've got to get regulation out of
the way of that. So so that's what we're doing.

(39:47):
What we'll see after that as a massive fly on
effect to the rest of our communities. And you've got
to remember the royal community is the second biggest outside
of Auckland. So if we get the royal communities cranking,
we get the country cranking. And that's the way to go.

Speaker 2 (40:00):
You're preaching to the converted way, and appreciate it very much.
Wayne Langford, the Fed Farmer's President. I wonder when Chris
Hipkins listens to that weather he thinks, gee, actually, is
that how you do it? Because when he was running
the place, the farmers weren't that happy, and then all
of a sudden he just needed a few tweaks to
some regulation you need to get the inflation under control,
and these people start to run. You know, this is

(40:22):
billions and billions and billions of dollars into New Zealand.
And Hi, Mike, why is Debbie on holiday when Parliament sitting? Anyway?
What an excellent question. Let me come back to that.

Speaker 1 (40:30):
Seven twenty, the Mic Asking Breakfast Full Show podcast on
iHeartRadio Power by News Talk Zippy.

Speaker 2 (40:40):
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for goodness sake with Chemist Warehouse Paski twenty three. You
really got to read it to believe it, and even
in reading it might well be you still can't believe it.
A report, one of a number of investigations now underway,
has reported back on where a personal census and COVID

(41:45):
intel collected at Manarawa Marai was misused for electoral purposes.
Now it's important to point out this particular report didn't
have it within its scope to find out whether the
Mariah did anything shonky. That report is still the comets
with the police are the Maria, if you recall, was
managed by a Takata tash Kemp, also a Mari party candidate.
She went on to win the electric by a handful
of votes. What this report does find is proof beyond

(42:08):
any shadow of a doubt that even when you stack
the public service full of people the way the Labor
government did, they are still incompetent. The head of STATS
going he won't be reappointed. Each of the departments looked
into STATS Health New Zealand Ministry of Health. They've all
been found hopelessly wanting a combination of one not really
having any oversight of information that may or may not
be protected, may or may not be inappropriately used. In

(42:30):
two when concerns were raised, still doing nothing about it.
High trust models were in place. Ha ha ha ha, high
trust models. Remember the gold in the durn Hipken days
of the high trust models. It basically confirms the Public
Service commissioners finding last week, having had a look at
the public service, it isn't fit for purpose. It has
too many meetings, there are too many departments, We need

(42:51):
a few gotten rid off. And if you designed it
today it wouldn't look like this. No safeguards, no regard
for privacy and the issues around privacy. The is just
a litany of uselessness. And remember the alleged skull duggers
part whether the Maury party used some of this intel
to help their election campaign that out comes still to
the surface. It's bad enough as it is. If they

(43:13):
then get pinged, it's a full blown scandal. Think about it.
You potentially have a Parliament made up in numbers in
a way it should not have been. At least one
head has rolled or is rolling. But you can't make
this stuff up. It's gliding on. It's worse than most
would have thought, and it's not even over. The worst
may in fact still be to come fasking. Yeah, the

(43:34):
business of Debbion holiday thirty years anniversary when Parliament sitting
in Parliament doesn't sit this off and I mean I
can only conclude honestly the Murray Party aren't that interested
in the actual process of taking life suits. This is
a woman. This is a woman who didn't have a
clue about this.

Speaker 16 (43:51):
We arrived at the airport and I wasn't aware of
what had gone on with the passport and the delegation
to China, and so there was this assumption that I
had arrived for that.

Speaker 2 (44:04):
Yeah, why would they be assuming that, Oh, I don't know,
Because you're an MP in the Parliament in New Zealand,
you might know what's going on in the world Winston
China deals. No, no clue.

Speaker 23 (44:14):
You don't give you a thirtieth winning anniversary every day,
do you?

Speaker 24 (44:17):
No?

Speaker 2 (44:17):
But that depends on whether she's celebrating the day itself.
That was the question I was going to raise. So
say it's literally, say it's today and they're in Rara time.
They're celebrating their thirty of the anniversary on the day while
parliament's sitting. Or do you just do your thirtieth anniversary
trip at a time that's more convenient. I don't know.
Over the eight nine, ten weeks of some of that,
the Parliament wasn't sitting.

Speaker 23 (44:36):
Oh that's an idea.

Speaker 2 (44:37):
Well, like the Federated Farmer's optimism might be a little
premature given what National and the Coalition have committed to
around global emissions. Paul, that's unfair. They've pulled that back
and what all that farmers have ever asked for is
a reasonable deal. They don't want to deny climate change,
they don't want to not play their part, they don't
want to do any of that. They just want a
fair suck of the salav Labor was telling them about sloping,

(44:59):
and you know how deep the mud is around the
hoofs of your cows and all the other crap, and
all we've got now is a little bit of realism.
And that's all farmers we're ever asking for. How would
you like Brian Roche's job at the moment i age
in getting up every morning and dealing with that lot. Anyway,
b B took it on when they rang, so we'll
get his read on what's going on with the public
service after the news, which is next here at news talksb.

Speaker 1 (45:22):
Your source of breaking news, challenging opinion and honored facts,
The Mike Hosking Breakfast with a Vita, Retirement Communities, Life
Your Way News, Tom said.

Speaker 2 (45:32):
B Politics Wednesday after eight, Mark and Ginney. Of course,
in twenty three minutes away from Agors where you mentioned
before the news you had to really read yesterday's report
to believe it. It is the Public Service Commission's report
into the use of census in COVID data at Monea Maria.
It's important to point out whether that information was misused
at the Mariah's being investigated separately by various people, including
the police. The report focused on. This report focused on

(45:54):
government departments. As it turns out, well, they were all
seemingly pretty hopeless. The Public Service Commissioner is Sir Brian,
of course, and he is with it's a very good
morning to you.

Speaker 5 (46:03):
Good morning, Mike.

Speaker 2 (46:04):
So you've been around a while. How do you explain
all this?

Speaker 8 (46:08):
I think it's very hard to explain, as I said yesterday,
and you'll have read the report yourself. It's very sobering reading.
This is a massive wake up call for slack practices,
in lack of professionalism in the safeguardian of information. And
I think the appropriate actions have been taken and we're
looking to modify the way we do this.

Speaker 2 (46:28):
What's worse the fact that they had the initial problem,
or the second problem, which is when they were alluded
to the initial problem, they did nothing about it.

Speaker 8 (46:38):
That continues to be a mystery to me as to
why somebody wouldn't have done it, And that's why we've
ended up where we are. I mean, I think we
need government agencies to be listening modifying their actions at
all times, and in this case, they weren't listening to
the voice of many who were saying there's a mischief here.

Speaker 2 (46:57):
Is that an arrogance?

Speaker 8 (47:00):
I don't think it is all in arrogance. I think
they were under pressure. I mean, the SATs Department has
done really, really good work, so this was a blip,
but it's a significant blip. I don't think they're arrogant
at all, but you know, when you're under pressure, you
sometimes lose your ability to listen and think rationally. And
I give them the benefit of the doubt on that.

Speaker 2 (47:19):
Is there something unique within the public service that you
are discovering having also been in the private sector? That
and I haven't I've done the same thing. I can't
explain it. It's just different. Is it different? And is
that part of the problem?

Speaker 5 (47:33):
There's different?

Speaker 8 (47:34):
I challenge whether it has to be different to the
private sector. Certainly they don't work for profit, and you
know I've said quite publicly they are large organizations. I
think there is a lot more to be learned from
the public from the private sector that could be adopted
in the public sector. And that's what I'm currently trying
to explore what that would mean.

Speaker 2 (47:54):
Does this deptail into what you said the other day
that the public service isn't fit for purpose and that
is that no one owns in Is that part of
the problem, though it owns anything because they don't know anything,
they don't make decisions.

Speaker 8 (48:05):
It's a broader issue I think where I mean, the
model that we've used is very good.

Speaker 9 (48:10):
The people who.

Speaker 8 (48:10):
Work and are amazing, and I think New Zealanders should
be really proud of the public servants and the public service,
but it's no longer fit for purpose. We live in
a rarely a world that's changing dramatically. We've got the
adoption of technology and all of those things, and we
need to sort of face into that and get ahead
of the curve. And I think as a small country
we should have that ambition.

Speaker 2 (48:32):
Do you reckon we can do that? Are you sort
of a less to levy? In other words, you've got
this gargantuan job and you've found these gargantuane problems and
turning this thing around as a nightmare.

Speaker 8 (48:43):
Yeah, less it would probably be embarrassed.

Speaker 3 (48:46):
No, I'm not.

Speaker 8 (48:47):
I am really confident of our ability to do this.
We have a lot of great things happening. If you
look at you know what happened with customs the other day,
being able to detect that hundred million dollars meant we've
got smart people in smart technology. But we need to
make that what the whole system does just not the
old pocket. But I remain really confident that we can

(49:08):
deliver for the New Zealand taxpayer.

Speaker 2 (49:10):
Are government departments or on your recommendation, going to get
blown up? Are there simply too many departments?

Speaker 8 (49:17):
I've raised the question that I think, you know, when
you're using public money, you have to be able to
justify your adding value. And I think some of our
agencies are below scale, which means we have duplication of
high fixed costs. I just think it's a question that
we need to address and have a grown.

Speaker 12 (49:34):
Up conversation about.

Speaker 8 (49:36):
I don't have a plan to restructure at all.

Speaker 2 (49:39):
What I don't understand explain it to people who are
listening to this, because on one hand, and I'm sure you're right,
there are people in the public service who are really good,
really skilled, and we should value them more than we do.
And yet you looked at several departments and each and
every one of them was hopeless. So how do you
balance those two up?

Speaker 8 (49:58):
I don't think they were completely hope so a challenge.
There are less than swoln to be learned. As I said,
this is a massive wake up call.

Speaker 24 (50:07):
At one level.

Speaker 8 (50:08):
There's a lot to be learned from it, and for
that we should be thankful. But we can never have
this situation occur again, where there is a laxed attitude
to the privacy and sanctity of citizens.

Speaker 2 (50:20):
Information dead right. Nice to talk to you, appreciate it,
and go well with the job, Sir Brian Runch, who's
the Public Service Commissioner? Eighteen minutes away from seven, tasking
eighteen minutes away from eight. If the Ukraine war stops,
does Trump win the Nobel Prize? Not a openhell, not
a not a He's seen a committee sitting down going
right now, Trump, No, Mike, I find it unbelievable that

(50:43):
Adrian or openly admits he engineered a recession. Not only
has he achieved this, he has done so much long
lasting damage, including losing so many talented young people to
Australia where rights have just been cut with no recession.
Adrianall is out of control. Staff numbers are up forty percent,
spending up while driving the economy into a massive hole.
He will go down as our worst Reserve bank governor. John,
You'll find absolutely no argument with me. Eighteen to two.

Speaker 1 (51:08):
Good The Mike Asking Breakfast Full Show podcast on iHeartRadio
powered by the News talks.

Speaker 2 (51:14):
At be here's a good question. If everyone agrees that
Adrian all is the worst Reserve Bank governor ever, will
first of all, they don't, many people do, but not everyone.
Then why was he reappointed for another term? While the
answer is easy because we had the worst finance minister ever.
So bad people make bad decisions is what that boils
down to Mike, the issues within the government sector have
been caused by dei appointments instead of merit based appointments.

(51:36):
That's not true either. There will be some of those examples,
but that's an easy hit to make when you're kicking
people when they're down and a culture of quashing, dissenting
voices and opinions. There's a little bit of truth from
that doubling down. There is no accountability for poor management decisions,
and this latest issue with stats is a prime example.
Despite Brian Roach being unhappy, there are no real consequences.
Are you real? You serious? The CEO is not really

(51:57):
being held accountable. How do you possibly say that the
guy's been sacked, he's going he's lost his job. What
do you want to flogging? I was pleasantly surprised that
he allegedly came to it on his own, on his own,
but whether it's true or not, who cares. He's going
so somebody is held accountable meantime related matters. Timuru's mayor,

(52:20):
who's Nigel. Of course Nigel Bowens District cannot afford to
consult EWI on basic infrastructure projects. And this is yet
more of this madness that's got hopelessly out of control.
So if you're not following Timaru, they got one and
a half million dollar redevelopment of the Downtownish area and
as part of the Infrastructure Committee meeting yesterday, the idea

(52:41):
of EWI consultation on the redevelopment of a toilet block
was a box ticking exercise he decided to speak publicly
on and he's one hundred percent right. The world's gone
a little bit mad on the whole. Here here for
them to give us advice on basic water infrastructure. Now,
why are they consulting Murray? Because you've got to consult Murray.
The rule says you've got to consult Murray. You know
on significant areas of natural beauty, conservation, land, things of

(53:03):
historical significance. You know, you might go down the track
and say fair enough, toilet block, not so much for
them to give us basic advice on water infrastructure where
a toilet is versus where a water fountain goes. I
think we can figure that out. So he speaks, of course,
the sense, but those aren't the rules. And so there
are councils all over the country who spend money, time

(53:25):
and energy consulting Mari on frippery. And that's yet again
an insight into what's wrong with this country. Meantime, listen
to this. This is Debbie iiman Rara, Tonga celebrating my
thirtieth anniversary. Nada a packer in the house on Fair
eleven having claimed Now what did she claim? Lynn just
remind us of what she claimed.

Speaker 16 (53:41):
Well, we arrived at the airport and I wasn't aware
of what had gone on with the passport and the
delegation to China, and so there was this assumption that
I had arrived.

Speaker 2 (53:54):
For that right, So she didn't have a clue. So
it's bad enough she didn't have a clue what was
going on, but she's in the House eleven. Question to
the Prime minister, why does the Prime Minister of the
Cook Islands have to consult the New Zealand government before
a visit to China. But the New Zealand government doesn't
have to consult Murray when they rewrite tidity. Oh wait,
Tony Well, hold on, Debbi, wait a minute. So one

(54:14):
of two things, a couple of going on here. One
she's not ignorant, she's a liar, or she is ignorant,
and she's asking a question about the thing she knows
nothing about several weeks later when she's on holiday because
she doesn't know what she's asking, or when she's asking
it doesn't have a clue what she's asking, so they can't.
They don't dovetille and they don't balance up. We'll delve

(54:35):
into this, of course on Politics Wednesday. In a couple
of moments, time eleven away from.

Speaker 1 (54:39):
Eight the Mike Hosking breakfast with Alvida, Retirement Communities News,
togs Head Been it is.

Speaker 2 (54:45):
Eight minutes away from it, so it's always got a
bit of fizz about it. When the hellbergs reflect an
Olympic year, of course, in the gold medal winners, one
big sportsman of the year are clearing two point three
four meters. How can we forget him? The jump off
Hamish Kerr one Sportsman of the Year and he's with
this morning to you morning Mike, how are you very well?
And do thank you? Great tucks, very good looking tacks.

(55:06):
Where'd you get it from?

Speaker 9 (55:08):
It was amazing to measure from Barker's, So get along
there if you need anything tux related.

Speaker 2 (55:14):
Nice little plug now, good on you. I think the tall,
the stature and the hype makes it look better. But
it was a very good looking thing. How was the night?

Speaker 5 (55:22):
Look?

Speaker 9 (55:23):
It was amazing. It was actually my first time ever
coming to the Helberg's obviously based in crash each now,
so it's a little bit of a trick for me.
But yeah, I think it was just so cool to
see not only our Olympians, but you know, the cricketers
and some of the footballers and just just such an
amazing range of sports, all rip centered.

Speaker 3 (55:41):
So it was such a cool thing to be a
part of good stuff.

Speaker 2 (55:43):
What do you reckon you've done for your sport?

Speaker 11 (55:44):
Have you?

Speaker 2 (55:44):
Have you got a vibe since you won?

Speaker 3 (55:47):
Yeah?

Speaker 9 (55:48):
I look, I mean I think that athletics has kind
of been one of those sports there is in the
New Zealand psyche, you know obviously with Walker and snow
and you know, all the amazing things that happened back
in the day. A lot of people are still connected
to it, but I think that it's really starting to
bring people back into it and also a lot of
young people into it. I mean, I I've done a
couple of comps since, just domestically, and you know, just

(56:08):
the reaction from the people coming down wanting to meet
not only me but all our other Olympians has been
has been so so cool to see. So yeah, it's
been really awesome.

Speaker 2 (56:16):
Because what's your observation of sport in our lives, whether
it's you know, is it still the common thread that
there's war units of country and sport united a country?
Do you rickon sports still units a country?

Speaker 3 (56:27):
Yeah?

Speaker 9 (56:28):
Yeah, I definitely does. I mean, you know, just the
attitude that New Zealand took towards the Olympics, we really
felted overseas. You know, it really felt like Eron sat
down and you know, I felt proud to be a
keeper out there, you know, watching all my fellow competitors
or compatriots compete. It was it was so special. But yeah,
I know, like I think as well, like for me,

(56:48):
sport is just about being healthy and I think that's
something that you know, we need more and more these days.
And so if it's just a way to promote people
to get outside and actually just use their bodies a
bit more, then I'm pretty heavy.

Speaker 2 (57:00):
It on you. I don't want to get controversial here,
but James, see the problem, the problem with the Hellbergs
is if you win a gold medal, or you win
a world championship, you win. Is that the way it
should be or is there no other way it can
because I look at James McDonald. I mean, James McDonald
is bloody good at what he does. And as for
Chris Wood, but he hasn't won anything, has he? And
that's the problem.

Speaker 9 (57:21):
I mean, look, I think, yeah, I agree with him,
like it's it's it's one of those things that you know,
I was sitting out there in ours. I would have
much rather that actually just had an athletic competition. You know,
it was something that I have much more control over
to see who would win. So look, I think, you know,
the only thing I can speak to is the strength
of the nominees. And I think that we're in a

(57:41):
really special place in New Zione to be able to
have those hard discussions you know, I think there's a
lot of countries in the world where there would be
one clear Cup winner, but for for a small country
like ourselves that just continually punches it by our weight,
not just in Olympic sports, being Olympic here, but but
also and in such a range of sports. It's it's
just so inspiring. And you know, even I was debating it,

(58:03):
you know, it's just natural to have those moments. But
I think, yeah, it's one of those things that obviously
the judges a certain way. And we're here now.

Speaker 2 (58:12):
Fantastic, good one. You make congratulation. It's nice to catch up.
You've got a good year lined up.

Speaker 9 (58:15):
You're busy, Yeah, yeah, sort of back on the horse now.
So I've got a couple of comps domestically, come down
to crush it this weekend if everyone's around, and what's
to watch but athletics and then yeah, and we've got
nationals coming up as well, so that's sort of my
domestic stuff and then we'll get overseason and start cranking
later in the year.

Speaker 2 (58:33):
Go well, appreciate your time as always, Hamish Kurk, good guy,
awesome guy. Elease Andrews for me personally. If nothing else
came out of the Olympics. I got to meet Hamish
for the first time and I got to meet to
Lease Andrews for the first time, and both just forget
the win, forget the medals, all that sort of stuff.
Just brilliant people, just really good people. And if you
can look good in the tucks as well, and then

(58:53):
come on, thanks, not bad game. So Aylor made at
the old barkers. But it is the debate, isn't it.
And you'll never get around it. I don't know how
you get around it, Finn Butcher. See, I like Co
over Carrington because co won gold in a truly global sport.
Golfer's global, basketball's global tennis is global football's global, whereas

(59:18):
Carrington won in a in a niche sport, which is
not to dismiss what she does, of course, obviously, but
if you're going to go head to head and you're
looking for to differentiate global beat's niche, doesn't it or
or can.

Speaker 23 (59:28):
We just agree that awards are stupid and we shouldn't
have the.

Speaker 2 (59:31):
Oh no, we love awards. There's a big time winner.
You get a love awards.

Speaker 24 (59:34):
News is next, the news and the newsmakers the mic
asking Breakfast with the range Rover, the la designed to
intrigue and use togs hed b I have.

Speaker 3 (59:54):
Love ever.

Speaker 7 (01:00:00):
This song, Oh good jake me for water.

Speaker 6 (01:00:07):
Understand.

Speaker 2 (01:00:10):
The only reason I say I know this song is
because this is supposed to be an album. I've overlooked
female country artists and songs you might not have heard
of it. I'm sure I've heard this one. The Bottle
of Me, Molly Fay, Society, your Katie Cricket, I'm a woman,
Nancy Lee Jordan, I'm getting restless, Mona Lunsford. I mean,

(01:00:31):
there's not household names, are they really? But this is
a group called Barnyard Lee Hive. It's not the first
time they've done this. Did it once and then they thought, hey, ill,
let's do it again. So we've got sixteen tracks this time.
But they all sound basically like this. They will sound
roughly like this.

Speaker 23 (01:00:47):
Yeah, it's a compilation of obscure country songs that you've
probably never heard of. I quite like unless you're you
in case, yeah, are obscure enough that you might have
heard of it.

Speaker 2 (01:00:58):
I revel in it. Sixteen tracks and forty two glorious minutes.
If you're interested. Ginny Anderson Mark Mitchell Willis for this
Politics Wednesday morning to both of you, how are you?

Speaker 3 (01:01:09):
Good morning, morning, Jenny, Good morning.

Speaker 2 (01:01:11):
Now, a lot of really interesting things going on here.
First of all, quick question for you, Jinny. Should Debbie
Narewa Paka be on holiday when parliament's on?

Speaker 25 (01:01:25):
Well, I didn't know that. I just saw that actually
something this morning. So and she's And the problem you've got,
I'm guessing is it's for a personal reason.

Speaker 2 (01:01:33):
Isn't it thirtieth wedding anniversaries?

Speaker 18 (01:01:36):
Wedding anniversary?

Speaker 25 (01:01:37):
Well, I don't think you have to give exact we
can ask for leave, so I don't think you and
your party gives you leave. So I don't think you
can specify what you can and can't have leave for.
As with a job, you're allowed to take leave at
a certain times.

Speaker 2 (01:01:53):
We've given how little parliament sits. Don't you have some
sort of obligation to kind of be present and look
like you might be interested in doing your job.

Speaker 25 (01:02:00):
That immediately falls on your party and your whip to
determine when you need to be there, and they make
those calls, and of course you know you get picked
out by Mike Hoskings on zib if you make make
decisions that don't reflect well upon yourself as bad as decision.

Speaker 2 (01:02:16):
Yeah, exactly what do you think Mark?

Speaker 11 (01:02:19):
I think you should be there on a sitting week.
But of course it's like any job. If you are
going to have family events, you are going to have
things that you want to be at, and you'll apply
for leave just like any other job.

Speaker 2 (01:02:29):
But fundamentally, yes, I think that.

Speaker 11 (01:02:31):
I think that people vote us and to represent them
and expect us to be there in doing that.

Speaker 2 (01:02:35):
And what about the business of Mark protest? If you
go to another country as a politician, should you be
involved in a protest in that other country?

Speaker 5 (01:02:44):
Uh?

Speaker 11 (01:02:44):
Well, I personally wouldn't do that if I was if
I was traveling on personal business, I would not go
and join a protest or interfere with You know that
the internal matters. But you know, DEBI has obviously chosen
to inject yourself into the situation that's up there.

Speaker 2 (01:03:00):
What about you, Jinny?

Speaker 18 (01:03:01):
It will kind of make your holiday, but stink when
you make lights a go.

Speaker 2 (01:03:04):
Thirty of anniversary and you got the candles and we're
set to go and hang on, I'll just go to
the protest, hang on Baby.

Speaker 25 (01:03:14):
It's just not something that I would do. But look,
different different things do it for different people. So I'm
not going to If she wants to go and do
that and she's not breaking the law, then.

Speaker 2 (01:03:24):
Well then the next question is and this is this
is an unanswerable question. But I'm aghast. So she said
on the news last night, and she clearly had no
understanding of Brown China the deal, and so everyone assumed
in authority over there that she was there for the protest,
but she was claiming she had hadn't heard and it
didn't know anything about it, which then Mark brings to

(01:03:46):
the question if you're an MP, how ignorant are you
allowed to be before you really shouldn't be an MP?

Speaker 11 (01:03:53):
Well, I mean she should be engaged and basically issues
around there, I mean it's been discussed a lot around
I guess that maybe that's indicative not having been at
Parliament in Wellington, because these things obviously have been hotly discussed.
So yeah, I mean it just seems very unusual to
me that she'd inject herself into a process that she
didn't actually understand. It was very clear by her comments

(01:04:14):
that shouldn't actually understand what's going on?

Speaker 2 (01:04:16):
Are they a ginny without naming names? Obviously? Are there
people that ignorant? Like if you if I rounded up
a bunch of random MP's and just quizzed them generally
about life and times, they wouldn't have a clue what's
going on?

Speaker 25 (01:04:28):
Well, I think it's probably yes, But you could do
that with most human beings.

Speaker 2 (01:04:32):
Yeah, but they're not in pas.

Speaker 18 (01:04:34):
That's well.

Speaker 25 (01:04:35):
I think generally most in p's have a higher understanding
because you're in the beehive and you're in the and
you're in that.

Speaker 18 (01:04:41):
Sort of bubble in.

Speaker 25 (01:04:43):
But I think ministers, for example, that interesting because they
know really detailed information about their own area. But sometimes
if you quiz them for something that's just slightly outside
of the area, they have no idea. So I think
it depends on the person, and it depends on their
appetit for learning and taking in new information.

Speaker 2 (01:05:01):
But this is what disappoints me as a voter and
a punter is that I would have assumed your appetite
for information and knowledge and being inquisitive was a base
requirement for being a public official.

Speaker 25 (01:05:14):
You would hope so, Mike, you would hope so. But
these are few in you who probably don't make that
threshold name of you.

Speaker 11 (01:05:19):
Actually, I just I just I agree with you completely, bloke.
I think that it's incumbent upon people that are representing
their communities that they actually have at least a basic
understanding of what's going on inside our own country, what's
going on internationally, and how that might impact them.

Speaker 3 (01:05:38):
So listen, I just think that, yes, you should.

Speaker 25 (01:05:40):
Be I'd add to that that I should think you've
got a roll and talking to people. So I was
at the Tony Fear all day over the weekend, and
you go on the round of people, right, but when
people come and talk to you about an issue, you know,
if they've got some information in this day, and the
people get information that's just wrong, like they've read something

(01:06:02):
from somewhere that's factually incorrect, and I take it upon
myself to say, hey, you might want to check you
out this source because the stuff you've got.

Speaker 18 (01:06:09):
Is from tektok or from somewhere that you.

Speaker 2 (01:06:12):
Might go for you they end up hitting you.

Speaker 25 (01:06:15):
Look some of them are that that happy. But we
probably weren't want to agree from the get go.

Speaker 11 (01:06:19):
So surely surely you did the sect right at least.

Speaker 18 (01:06:25):
Clearly you've never been to the Poni.

Speaker 2 (01:06:31):
How much is what are they selling? How much is
candy floss?

Speaker 18 (01:06:34):
Well, Tony Fear is celebrating. I think it's like it's
a biginn of versary. You come next year, it's going
to be massive.

Speaker 25 (01:06:40):
But Tony Rotary tuner on the whole of Jackson Street
gets shut down and it's an amazing thing.

Speaker 4 (01:06:45):
I love.

Speaker 2 (01:06:46):
I love Jackson Street. It's where o'riley's. You know o'riley's garage. Yes,
you ever go in there and look at the cars.

Speaker 18 (01:06:53):
I've walked past that, but going look at the cars?

Speaker 2 (01:06:58):
I'll ever try next time.

Speaker 17 (01:06:59):
You got a.

Speaker 2 (01:07:01):
Brief brief breaking and we'll talk about Bryan Roachan in
a moment fourteen.

Speaker 1 (01:07:04):
Past the Make Asking Breakfast Full Show podcast on iHeartRadio
powered by News.

Speaker 3 (01:07:10):
Talks b USE Talks.

Speaker 2 (01:07:12):
Seventeen past eight Mark Mitchell, Jinny Anderson with us Mark
the roach Report. Two part question, how do you explain
that level of incompetence? And two is that in some
way part of the problem you as a government of
facing in making stuff happen a bit faster than you
would a bit slower than you would like.

Speaker 11 (01:07:29):
Well, it's so excusable and ENLiGHT So Brian has said
it's you know, it's really worrying and we can't have
it happen again in our country. And I think that
I'm just very thankful that he's in that position because
he's making sure that our public services held to account.

Speaker 3 (01:07:42):
I do agree with them.

Speaker 11 (01:07:43):
I work with our public servants every day, and there
are some outstanding people and they're doing some incredible work
behind the scenes, but we're all accountable, and there has
to be accountability.

Speaker 3 (01:07:52):
You can't.

Speaker 11 (01:07:53):
The problem that we've had is that more and more
money was thrown at things and there was actually you're
getting worse outcomes in the tech that's not tolerable for
us as a country and certainly not for experts.

Speaker 3 (01:08:03):
Don't expect that.

Speaker 2 (01:08:03):
Do the labor government, Jenny have to carry some cap
I mean there's no shortage of people. I mean you
stacked that public service like it had never been stacked,
and look at them, they're hopeless.

Speaker 25 (01:08:13):
Well, it had been cleared out, as it does always international,
so a lot of that was rebuilding. But I guess
my point would be with the Brian Roach stuff is
that if he's got a plan in some structure I
think that's a real improvement because what we've seen under
this government is just cuts for the sake of cute.

Speaker 2 (01:08:29):
But this wasn't This wasn't then, this was back by
the election. This is manor Reymriah leading into the election.
It's a reflection of the Labor government twenty twenty through
twenty twenty three.

Speaker 25 (01:08:40):
Oh sorry, I thought you're talking about what ministry is good.
You go like Brian Roaches, Well, you know, we.

Speaker 2 (01:08:44):
Can come to that if you like. But his report
looked at the just the hopelessness of what you were
running at the time, and how no one owns a decision,
wants to own a decision even when people are going,
excuse me, there's problems, no one wants to hear it.
How do you explain that.

Speaker 25 (01:08:59):
Well, that's a real concern in terms of Monee Murray
and what went on there. And I think there's some
big questions also for the Electoral Commission as to how
that MURAI was able to function in that space as
being a place to vote. So yeah, I think there's
some big questions, not just for statistics and how the
information was used, but also why was it a voting place?

Speaker 2 (01:09:20):
But you guys were in charge of it.

Speaker 25 (01:09:22):
Well, there's been a full inquiry that the Electoral Commission
make those decisions, not the government. They go in and
say this is a place where people can vote, and
we are comfortable with the fact that it's a safe
place to vote. And we asked those questions that Select
Committee when we had the Electoral Commission before us, and
they were pretty clear that they felt they hadn't done
as good as what they could have done. And I
think there needs to be more questions asked about when

(01:09:44):
determining a place to vote.

Speaker 2 (01:09:46):
I reckon there's a scandal brewing here.

Speaker 15 (01:09:48):
This is out.

Speaker 2 (01:09:48):
I mean, this is you're in charge of it, Mark,
But it's operational. What happens when the copper who's looking
into the Maria and where that information was used, If
it was used nefariously, how does that unfold? The charges
simply get laid and it's another criminal case if charges
are to be laid.

Speaker 11 (01:10:05):
Yeah, if they identify that the threshold has been reached,
I mean that as a decision for police. The police
are one of the agencies actively involved in this investigation
and inquiry, and they've stated publicly that they'll be looking
to see whether or not any of those criminal thresholds
are met.

Speaker 3 (01:10:22):
I just I agree with you, Mike.

Speaker 11 (01:10:24):
I think that you know, we have one of the best, strongest,
most transparent democracies in the world, and this comes to
a question of the integrity of that system.

Speaker 2 (01:10:34):
An agree.

Speaker 3 (01:10:35):
When you see this sort of stuff happening, and it's
very serious.

Speaker 2 (01:10:37):
That's going to be if they lay charges and those
charges are held up in court, that's something dodgy happened
to the Mariah. You've got a parliament that's made up
inappropriately of a person who a person who shouldn't be
there potentially, haven't you.

Speaker 25 (01:10:50):
Well, it's more than that. It's actually the integrity of
your voting system. Because yes, it might be that one instance,
but it actually undermined people's confidence in our democracy. And
that's why it's incredibly important that people know they can
go to a place and vote and it's all above board,
and that's critical for New Zealand to engage people in voting.

Speaker 2 (01:11:11):
What if it unfolds that way, what's the bigger crime,
the crime that the public service made appalling decisions or
that somebody, having been the recipient of those appalling decisions,
then took advantage of that, well, I.

Speaker 3 (01:11:25):
Think one of the both both are.

Speaker 11 (01:11:27):
But one of the questions for me is why was
the public service making those decisions? Why do they think
they have the license to do that. Anyone looking at
it and applying some common sense fragmantism would see that
they were atrocious decisions that shouldn't have happened. The second
part is, yes, who's taken advantage them? And who's been
the beneficiary of it? And so those are the two
big questions that need answer them.

Speaker 2 (01:11:48):
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Mitchell eight twenty.

Speaker 1 (01:11:50):
Two The make Hosking break bet with the Range Rover
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Speaker 2 (01:11:56):
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Helfrose over this morning, I found myself agreeing with Ginny

(01:12:59):
Anderson for the first time. But when she said the
Mariah voting Shenanigan's undermined out democracy and our trust in
the voting system, she know that she did. There's tremendous
concern about what's going on or what went on there,
and obviously the police are doing their business at the moment,
and they will come to their conclusion in the fullness
of time. It's been elevated to a senior officer in
the early part of this year from memory, but more importantly,

(01:13:20):
you go back to the beginning of this how and
this goes to the Brian Roch report in general. How
it is that you're sitting there and this is the
inexplicable nature of the public service. How is it you're
sitting there thinking about, now, where are we going to
have these ballot centers? Where are we going to be
able to vote? I know, we'll go to the local
Maria in and of itself, nothing wrong with that at all,
A good local community center that people know and understand

(01:13:42):
they can go along on a Saturday, like a library,
like a school. Oh oh, I see. So the chief
executive is also running as for one of the parties,
is she? And it's at that point you and I go, well,
that's ridiculous. That ends there. But I'll know, for whatever reason,
once again aplicable they go, no, that should be fine.

(01:14:02):
So the CEO of the Mariah gets to be a
candidate in a party in the election. And whatever app
happened or didn't happen with the photocopying of the bits
of paper, and whether or not they ever got uploaded,
downloaded or put out to some sort of voting efficiency system.
We shall see in time. But that decision all by itself.
As you and I sit here rethinking and litigating that again,

(01:14:23):
sure you know what idiot thought that was okay, and
yet that's exactly what happened across the Tasman. Stephen Price
is standing by after the news, which is next. You're
on the my Cosking Breakfast.

Speaker 1 (01:14:36):
The only report you need to start your day, the
MI Casking Breakfast with Bailey's real Estate finding the buyers.

Speaker 3 (01:14:43):
Others can't use togsdadvs.

Speaker 2 (01:14:45):
Like, what's the potential for a by election? It's a
very interesting question. You'd need a lot of water to
go under the bridge, You'd need the police to lay
some charges, the charges to go to court. Whoever got
charge would need to be found guilty, and they would
need to have dubtailed it in to the actual election itself. So,
in other words, just because people might get charged for

(01:15:05):
the furious activity around the Mariah doesn't necessarily automatically. It
should or probably would, but it doesn't automatically. I mean,
it goes to the election on the day, and you know,
just because these dastardly things happened. Does that mean that
votes fell a certain way and they wouldn't have another time?
There are unanswerable questions, but these are I mean that
it's a fair question, and it's a big question, and

(01:15:28):
it's it's it's a question of great gravity, and in
a way you hope it doesn't come to that, but
who would know. Twenty two minutes away from.

Speaker 17 (01:15:35):
Nine international correspondence with ends and eye insurance, peace of
mind for New Zealand.

Speaker 2 (01:15:41):
Business costasman, we go to through price. Very good morning
to you, good to be with you.

Speaker 4 (01:15:46):
No.

Speaker 2 (01:15:46):
So she came to the party yesterday with the twenty
five points. But geez, there was plenty of cold water
in the commentary afterwards, wasn't there?

Speaker 15 (01:15:52):
Sure was.

Speaker 5 (01:15:53):
I don't think I've ever seen a in straightcup gather
so much interest. I mean, the reason for that, obviously
is there hasn't been one since November twenty twenty, which
even when she said that, I couldn't believe it was
that long ago. I mean, I'm lucky enough not to
have a mortgage, but twenty twenty long time ago. And
the problem that we now have is that Michelle Bullock

(01:16:16):
is very bullish on inflation. The rate went from four
point three five down to four point one. What's that
meaning to people? Well, you know, on a mortgage, if
you've had twelve rate rises in a row, one cut
of point two five doesn't do a hell of a lot.
The banks will quickly jumped in and said, yeah, well
we'll pass it on. The only problem is, I don't

(01:16:37):
know how it happens in New Zealand, but here, unless
you ring your bank up, you don't actually get the cut.
And so many people you know, are able to probably
hold on to that cut and try and pay a
bit more off on their mortgage. But Michelle Bullock said, look,
there are a lot of upside risks here. The market's
too confident about future rate cuts, so that immediately send

(01:16:59):
everybody into us spin. And she just kept on saying, look,
it's inflation. We've got to get inflation down. If we don't,
you're going to continue to have high interest rates and
you're going to continue to pay a lot more money
for everything from an insurance and groceries to petrol. So
she said, we don't know what the demand and supply
gap is here. It's very uncertain. It would be really

(01:17:20):
good to see some recovery in the supply side of
the economy, but the economy is flat. So what does
that do to an election? Well, I guess it gives
Jim Charmers, the Treasurer, and the Prime Minister Anthony Alberaneasy
a boost. It gives them a launching pad to be
able to say, look, not only have we kept unemployment low,
we've managed to get to interest rates to start to

(01:17:42):
come down and so you can trust us to run
the economy. Whether the Australian public will buy that, I'm
not too sure.

Speaker 2 (01:17:48):
Well, I was watching him, mister Dana's press release, press conference,
and you're certainly working really hard. When are they actually
going to call the election? If it's April twelve ish,
when are they calling that? Because it's I don't know
if I've noticed, but it's the nine teenth of February.

Speaker 5 (01:18:01):
Yeah, I know. I don't know the exact date. I mean,
there was a lot of speculation earlier this week that
would go and call it on Sunday. I don't think
that'll happen. There's a problem where there is a wa
election in the way and they don't want to trample
all over that. I don't think we're going to have
a budget. I just don't. I think that's a stretch.

(01:18:22):
So a couple of weeks time, I think you'll probably
call the election. You're probably right April twelfth, so most
likely day.

Speaker 2 (01:18:28):
Okay, So I'm reading yesterday about these new laws in
New South Wales anti semitism. You get some jail time,
eleven thousand dollar fines. All that's separate to what's happening
in Melbourne.

Speaker 5 (01:18:39):
Now.

Speaker 2 (01:18:40):
Is there some sort of federal response to this legally
speaking or not?

Speaker 5 (01:18:45):
Well, the Feds have been really weak on this whole thing.
They're leaving it up to the states. And anti Semitism,
I've got to tell you in this country is just
completely out of control.

Speaker 4 (01:18:53):
Now.

Speaker 5 (01:18:53):
The latest development in Melbourne where the major hospital at
public Hospital, the Alpha Hospital on the edge of the city.
The Health Minister was forced to come out yesterday woman
called Mary and Thomas and say the workplace is no
place for pro Palestinian protests. Now. What has been happening well,

(01:19:16):
staff and that includes doctors and nurses, have been pinning
pro Palestinian badgers to their lanyards around their necks and
dotted around the hospital. Dozens and dozens of anti Israel
stickers on beds and on hospital walls. Now you can think, well,
you know, that's just pathetic and who cares? Well when

(01:19:37):
you take it in the context of that phone call,
over that social media post where the two nurses started
talking about people being killed in hospital because their Israeli
it would not make you feel very comfortable. I don't
think if you were Jewish and you were about to
go in for emergency operation in one of our major hospitals.
It's just unbelievable.

Speaker 2 (01:19:56):
And what are they doing in the center. Surely hospitals
are festooned with CCTV cameras, can be hard to get
these people.

Speaker 5 (01:20:01):
Kenneth Well, company of one of the doctors there, adoptor
Mohammed Gilhan, was forced to resign. That was after he
called slain terrorist Sinowa a martyr and labeled hamas the resistance.
That was in the speech that ended up online. This
boat's quit. Another guy's turned up walking around at work,

(01:20:22):
and there is CCTV footage of this wearing a kefia
around his shoulders while he's wandering through the hospital. I
don't know how, I don't know what the solution to
this is, but we've gone over the edge. I just
hope it doesn't happen to your country.

Speaker 2 (01:20:37):
We have absolutely gone over to here to be fair,
I mean, there's some certain advantages of being a small,
isolated island at the bottom of the world, and a
lot of that angst just hasn't turned up here, which
is encouraging. Now, the landed, I mean, I like Vlandi's
to the sense he's obviously one of those let's let's
give it a world. You know, what's the worst that
can happen? But is he really going to get Trump

(01:20:58):
to Vegas?

Speaker 5 (01:21:00):
Well, if anyone could, Peter the Land's probably could. He's
bobbed up on Fox and Friends, the hugely successful conservative
TV network in America, with a message for the new president,
Donald Trump. Now he's seen Trump obviously go to the
Super Bowl, He's seen Trump go to the Day Turn
at five hundred. So he said, oh, we'll have a
crack and invite him to come along. The opening round

(01:21:20):
of the NRL. Four teams play against each other in
Las Vegas to kick the season off in a couple
of weeks time. So the Landers has gone on and said,
we played the toughest game in the world. We don't
wear pads, and they have shown all this vision of
rugby league bloats smashing into one another. Why don't you,
mister president, come along and I know you like I mean,

(01:21:43):
he's seen him at the UFC as well. Why don't
you come along and watch the most brutal football game
on the planet. Donald Trump's who knows, he likes Vegas.
He's got his own hotel there. Maybe he will turn up.

Speaker 2 (01:21:55):
Man, what a coup? I go, well, mate, we'll see
next week. Appreciate it very much. And isn't that a
funny thing? I've been I'm going ever since he went
to the Super Bowl, I've been going, how hard is
it for a president of the United States to take
advantage of a publicity opportunity? No president ever had turned
up at the Super Bowl until Trump did. Daytona same thing?
Was that yesterday or the day before whenever it was?
And if they land them at the in Vegas. But

(01:22:17):
here's my problem with Vegas. The Warriors of course a
part of that, and I see that as a distraction.
I don't think that's an ideal start to the season.
Probably as a promotion for the sport. Fantastic if it
takes off in America brilliant. But if I'm a team,
if I'm a coach, I'm not really interested in traveling
halfway around the world with all the baggage that that entails,
not least of which is jet lag, foreign country, different ground, hype, noise.

(01:22:41):
You know, I want to concentrate on the season, and
given how well we're going pre season unbeaten. By the way,
if you're not following this two for two, I mean
one was close, but you know we did well last weekend.
You know, I'm just I'm really interested in just you
get much closer. It didn't get much closer than that.
But I'm interested in getting on with the season, not
frippery and distractions.

Speaker 23 (01:23:01):
How do you feel about the All Blacks Island rematch?

Speaker 2 (01:23:03):
And as well in Chicago? Is it Chicago? I mean,
for goodness sake, that hasn't worked. It's never worked, So
let's do it again. Yes, so let's do some more,
shall we. I mean, we saw San Diego again, we
saw Chicago, America, God bless. And they've got other sports
that they got pickleball, they're not interested in rugby. It
isn't going to take off. Give it up. Eight forty five.

Speaker 1 (01:23:25):
The high asking Breakfast Fall Show podcast on iHeartRadio powered
by News Talks at.

Speaker 2 (01:23:31):
B it is I'm just looking at some pictures. I'll
tell you about shortly. Yes, yeah, it's not good. I'll
come back in a moment, by the way, seven out
of ten, just to make you feel good that we're
not that bright in this country. In terms of school
past rates, which were not of course, more than seventy
percent of Australian high school students failed the latest round

(01:23:52):
of CIVICS citizenship testing. That's the worst results in a
couple of decades. Proportion of Year six students who met
the proficient standard in Civics forty three percent, dropped from
fifty three percent in twenty nineteen. Only twenty eight percent
to be a year tens past the assessment slightly for
thirty eight percent. Civics and Citizenship Triennial Assessment measures the

(01:24:12):
knowledge of Australia's government rights and legal obligations, national social values.
Two thirds of the Year tens had high levels of
trust and civic institutions. This has fallen since the last round.
Only a third of students had a high degree of
trust in the media, not surprising. Twenty four percent in
social media. I don't know why we don't do something
similar here.

Speaker 23 (01:24:32):
Well, wouldn't we have to actually teach civics in the
first place.

Speaker 2 (01:24:35):
That'll be the clue. With ash open the schools, people
turn up and stop whining about the school lunches for
a start, concentrate on the civics.

Speaker 23 (01:24:44):
I mean, to be fair, I mean nobody surely nobody
in Australia understands how the electoral system works.

Speaker 2 (01:24:48):
Now I don't and I study it.

Speaker 23 (01:24:50):
Yeah, yeah, I'm pretty sure that a lot of the
people who are actually you know, members of the various
Senate I say that they don't have a clue.

Speaker 2 (01:24:57):
Singapore, by the way, did their budget last night, Just
to give you an insight into what a small island
nation with five million people that successful can actually do.
There were tax breaks, there were consumption vouchers. This is
the first budget under their new Prime Minister, Lawrence Wong,
last before the general election. They're voting to know or
Buy November this year, every household got eight hundred sing
dollars in consumption vouchers. If you're above the age of

(01:25:21):
twenty one or the age of sixty, you've also got
an additional six hundred or eight hundred dollars bout to
commemorate the country sixtieth year of independence. Sixty percent personal
income tax rebate also announced. Fifty percent rebate for corporate
income tax for companies minimum benefit of a couple of
grand even if they're not profitable, as long as they're
active and have employed at least one local person. Will
also increase the co funding levels for companies that raise

(01:25:42):
the salaries of lower wage workers countries. Well, the country's
only expanded by four percent last year, so you know
things are difficult. If Singapore could secure an average of
two to thirty percent growth per rannum over the next decade,
we'll be able to create better jobs and opportunities, improve
standard living. Jealous nine Away from nine.

Speaker 3 (01:26:04):
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(01:27:12):
good day for Toyota. They're releasing their third issue of
what they call a Leap Forward in a third generation
fuel cell. It does a lot of really interesting things,
big range, not limited to passenger cars, can go commercial ships,
trained stationery innovations, and cell designer manufacture. So that's being
unveiled in Tokyo today, so watch out for that, Mike,

(01:27:34):
don't forget F one launch at the O two and
ten minutes. Oh John, Speaking of which.

Speaker 1 (01:27:38):
Five trending now with Chemist Warehouse Stop paying too much?

Speaker 2 (01:27:43):
Yip in a moment opening of the F one season,
well sought off. This is the big O two event,
the O two Arena to night in London. Jack Whitehall,
who by the way, is very funny. Daughter went to
the show. He was here a couple of weeks ago
with dad and mum and did allegedly did a fantastic
show and palled loved him anyway. He's hosting Caine Brown,

(01:28:05):
who was the last I saw at the college football
He was fantastic too. He's been in the country as well.
Has there anyone who hasn't been in the country. And
then obviously the problem we have in the country is
everyone gets here and then they leave, and so that's
issue for another day. So came Brown. He's singing some songs.
So all the teams are there and they've got their cars. Unfortunately,
Liam's also gone a bit viral and he's been named

(01:28:29):
the worst dressed. I've got a photo in front of me.
Max is there. Max is wearing a suit and not
a bad looking suit. He's got a T shirt under
the suit and he's wearing some trainers, so it's sort
of a fairly modern and that's what you would wear
to the O to Alena sort of look Christian as
An Horner, the team boss. He's wearing a tucks, some

(01:28:49):
Peyton shoes, an open neck shirt. He looks fantastic. I
think Jerry dressed him.

Speaker 24 (01:28:55):
Liam.

Speaker 2 (01:28:56):
Liam looks like Liam Law normally does when he turns
up to the track. Some sort of faded loose jeans,
not quite Kendrick Lamar Mom jeans but not far off.
Some trainers not uncool, and what looks to be a
Swan drive.

Speaker 23 (01:29:12):
Yeah, it's like he's gone with the shack at Yeah,
but it's all buttoned up.

Speaker 2 (01:29:16):
Is it part of his catman do deal? I asked
this question anyway, We'll get the feedback and present it
to you tomorrow when we return. As always, Happy Days.

Speaker 1 (01:29:28):
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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