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January 21, 2025 90 mins

On the Mike Hosking Breakfast Full Show Podcast for Wednesday 22nd of January, the latest inflation data is coming out today, so how will that shape us for 2025? 

Marco Rubio's former chief of staff Matt Terrill gives his take on the first 24 hours of Donald Trump as well as Rubio being sworn in as the new Secretary of State. 

Ginny Andersen flies solo on Politics Wednesday, discussing the cost of living, the latest political poll, and the Treaty Principles Bill submissions.  

Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts. 

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Episode Transcript

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Speaker 1 (00:00):
To New Zealand's home for trusted news and views.

Speaker 2 (00:03):
Ryan Bridge on the Mike, asking breakfast with Bailey's real estate,
finding the buyers others can't use togs deadb.

Speaker 3 (00:10):
And good morning.

Speaker 4 (00:14):
There's Wednesday, the twenty second of January. Great to have
your company inflation data out today. We'll get the lowdown
from Nick Toughly. Richard Arnold out of the US Greenland says,
don't invade us, please Trump. And the teacher shortage is real.
We'll give you the numbers and find out what issue
they have with foreign trained teachers.

Speaker 1 (00:32):
Ryan Bridge, She's.

Speaker 4 (00:33):
Gone seven after six. Where our own worst enemies, US
media people. We make mountains out of molehills, and we
do all the time running what you would call a
non story story. We do this all the time. The
problem is that people now have loads of choice in
where they get their news, and if they get sick
of journos making a fuss about nothing, they vote with

(00:54):
their feet and they go somewhere else, another nail in
the coffin. And I watched yesterday Elon Musk do his
so called Nazi salute at Trump's event. Did you see that?
Did you see the Nazi salute that everybody else saw.
What I saw was a guy touch his heart, then
do a sort of throwing gesture and then say the

(01:14):
words my heart goes out to you. It couldn't have
been more clear in my eyes. Surely any reasonable person
watching that would have thought the same thing. A guy
touches his heart, gestures to the crowd, then says, my
heart goes out to you. No luck, you would blow
a caiss No. Apparently he was doing a Nazi salute.
The headlines yesterday everywhere read billionaire musk appears to do

(01:38):
Nazi salute to Trump fans at inauguration rally. What are
we watching the same thing? Are we on the same planet?
The answer is no. Many in the media, especially in
the United States, seem to have brought into this Democrats
campaign line about Trump being a tyrant, that he was
echoing Nazi Germany, that he was holding that fundraiser in

(01:59):
New York, remember, in honor of some Nazi rally back
in the day. So when these same American media outlets
see Musk Holder's hand in the air, they see something
that we don't. They see a Nazi salute, and the
headline goes around the world and trust is eroded. The
same thing happened here yesterday with the TWI Billboard story
Did you see that one? It wasn't a story. Tooi's

(02:22):
online Billboard about a week ago said surely she wouldn't
shoplift again year right, obviously a reference to Golera's garment
in her tope bag pack and save. Kind of funny,
pretty harmless. The headline, though, TOOI slated for mocking Golras.
Who's doing the slating? Apparently this whole story was kicked
off by two random, unnamed people having a winge on

(02:44):
social media. On Facebook, the number of complaints to the
ASA zero mountains out of Molehills, run too much of
the stuff and eventually every day kiwis find that they
can't relate to you, and off they go to get
their news from somewhere else.

Speaker 1 (02:59):
Nine after News of the World, in ninety seconds.

Speaker 4 (03:03):
Dozens are dead in a Turkish ski resort fire.

Speaker 5 (03:06):
The people on the upper floors were screaming. They dangled
down a sheet to escape. Some were trying to get in,
some were trying to jump out. Some had children inside,
some had friends inside. There was no fire escape, there
were no stairs.

Speaker 4 (03:22):
Trump signed hundreds of executive orders on day one, perhaps
none more controversial than pardoning fifteen hundred January sixth participants.

Speaker 6 (03:29):
So this is January sixth, and these are the hostages,
approximately fifteen hundred for a pardon, yees, full pardon.

Speaker 4 (03:40):
So this is a big one.

Speaker 1 (03:43):
We hope they come out to night.

Speaker 4 (03:45):
Frankly, well some of them did this. Prisoner stoked, Oh.

Speaker 7 (03:48):
Man, I know we're going all we got.

Speaker 2 (03:54):
And we can't all wait to get out there and
see y'all hurt.

Speaker 4 (03:58):
Prince Harry's legal battle in the UK with the Sun
supposed to begin today, but it's been delayed again.

Speaker 8 (04:04):
He clearly wants to stay and calls he wants to
judge to hear the evidence and provide a written digitial
conclusion at the end.

Speaker 9 (04:12):
Of the day.

Speaker 4 (04:13):
Keir Starmer is trying to hide behind the law as
the reason for not telling the UK public that that
Southport stabbing offender was known to counter terrorism stuff.

Speaker 10 (04:24):
We must make sure the names of those three young
girls are not associated with the vile perpetrator, but instead
with a fundamental change in how Britain protects its citizens.

Speaker 4 (04:39):
Right, Well, you didn't do that very well the first time.
To do the Tories are smelling blood.

Speaker 11 (04:43):
Why did the Prime Minister not make public some of
this background information in August when he knew it when
later disclosure of that information in October demonstrated such disclosure
could be made without prejudice.

Speaker 4 (04:56):
Finally, the Moon is at rest. This is according to
the World Monuments Fund, which every two years highlights. Now
there is the problem. It's the World Monument's Fund. How
can they have a view on the Moon anyway? They do.
Every two years they highlight twenty five heritage sites that
are at risk. The Moon has been included this time,

(05:17):
the first time a location beyond Earth has been named.
It's been included because of what they call a dawn
of a new space age, and they want to make
sure that any future trip to the planet preserve the
areas that we've already landed on.

Speaker 12 (05:29):
And I said, they're probably going to take away the
rubbish bins and say that we're not allowed to walk
our dogs there.

Speaker 4 (05:34):
I suppose the thing is, once you go there, it's
not just you're not throwing a lolly wrapper away. They're leaving,
you know, bits of aircraft spacecraft up there. Yeah, that
is a little bit of a bit rude.

Speaker 13 (05:45):
Is it?

Speaker 4 (05:45):
Yeah, that's it is funny that we haven't been back
for fifty years, isn't it? Or have we well, did
we ever go exactly? I mean, that's exactly my point
this morning, Hey, very quickly, dairy trade numbers. We've got
the numbers out this morning for you. Generally up one
point four percent, which is great because we were down
one point four percent on seventh of January. So this
is good news for our dairy farmers this morning. Two

(06:07):
point eight percents up for cheddar, butter up two point
two percent. And the ones we really care about, the
milk powders which make up I think it's fourteen percent
of our total export value, so this is the one
we really care about. Whole milk powder up five percent. Fantastic,
It dropped the last two options. Still the highest in
two years. This is a great boost for our farmers.

(06:28):
And skim milk powder two percent. We're going to talk
to Fonterra just after six thirty this morning, thirteen after six.

Speaker 2 (06:37):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talk Spy.

Speaker 4 (06:44):
On the Nazi salute that wasn't a Nazi salute from
Elon Muskis today. Lots of you have opinions on that
and about the media more generally doing clickbait headlines on
a story that actually isn't really his story. Lorraine says,
Ryan liked the story about the fairies going through the
boat race. Turns out it was a planned thing. It
wasn't a race, it was a warm up, and it
was planned, it was organized. So what's with all the headlines?

(07:07):
Another here says, yeah, I completely agree with you about
the clickbait headlines, Absolutely sick of it. They just suck people.
And it is sixteen after six the right time for business.
So Trump is in the White House and he's making
all sorts of threats about tariffs and whatnot, and the

(07:27):
market's raither just shrugging it off. Greg Smith, Devon Funds
Management with us this morning. Greg, Good morning, morns you
Ryan not really much of a care.

Speaker 3 (07:35):
Yeah, we're off to a good start. First out of
trading under Trump two point zero. All the all the
endesas are in the green. As you mentioned, he signed
lots of executive orders, but there was relief for think
around the tariffs, which haven't been introduced at least on
day one. So we need to talk about twenty five
percent tariffs on Mexico and Canada coming in on February first.
He was a bit vag around China and the bizarrely

(07:55):
suggested that the taoismodipply apply if the country doesn't approve
deals TikTok. But yeah, I think the main sort of
relief was the threat of universal tariffs on all used
trading partners. Appears to have received at least for now.
So if they're wait and see, I suppose, but look
away from Trump because we've talked about him a lot
this week. Things are also supported by strong earning supports

(08:16):
from a company which is considered to get a pretty
important site on the economy. So she has an industrial
firm three m. They lifted on being expected numbers. So look,
some people might know the company from its well known
post it notes, but it actually does a lot more
than that. It operates in a variety of sectors, offer
supplies work at safety, healthcare, consumer goods. So it's seeing
something about economic bellweather, so to speak. CAM has actually

(08:39):
been around for one hundred and twenty years, and it
reported that sales are up two point two percent five
point eight billion lots of demand for adhesives, tapes, electronics
during the holiday quarter. They also return one point one
billion to shareholders via dividends and Sheery purchases, and they
also lifted their sales outlook for the I reckon there's
going to be growth of two to three percent, so

(08:59):
yea though she has bought five percent high. We also
had results of another old economy company which are pretty encouraging,
so dr Horton. Now, this is the biggest home build
in the US and they also top earnings estimates revenue
seven point six billion for the quarter. So in the
US is a bit of a shortage of existing homes
and that's driving demand there and despite higher mortgage rates.
So yes, some good signs around the World's are just economy.

Speaker 4 (09:21):
All right, Let's get away from Trump then altogether and
come back home. The retail card spinning data was out
stronger than expected for December. But is that what are
we calling this a bump for the holidays or somebody
else substantial? I think, yeah, potentially.

Speaker 3 (09:34):
I think we'll just have to wait and see. But yes,
it's quite quite encouraging. So this is from Stats New Zealand.
So retail spinning levels up strong in December. It's actually
the fifth consecutive increase, so it sort of probably defires
a little bit of logic if you look around and
see a lot of retailers appear to be struggling and
empty shops and whatnot. But yeah, we did get that
bump into December. So electronic card transactions rose two percent

(09:55):
or one hundred and thirty million. That's actually the biggest
monthly rise since early twenty twenty two, think back to
when COVID restrictions were lifted. So retail doing pretty well.
Just looking at the categories household durables so you think
furnishings and the like, that was up three point seven percent,
consumeables that was up one point four Grocery spind up
one percent. That these numbers aren't inflation adjusted, by the way, either.

(10:17):
Spending on fuel and appareallel both up over three percent.
Hospitality even edged higher, and the other thing really soft
was spinning on motor vehicles excluding fuel. But gender is
a picture of strength. You look at total transactions spend,
there was one hundred eleven billion dollars and it was
one hundred and eighty three million transactions, so worth pointing
out is still one percent lower on December twenty twenty three.

(10:40):
But yeah, generally pretty encouraging. And I suppose the tests now,
as we suggest suggested, will be whether this in jaws
or whether it was all about barging hunting over that
holiday shopping period.

Speaker 4 (10:50):
But there is actually a little bit of a trendy.

Speaker 3 (10:51):
If we look at December quarter versus September, spending on
durables is up two point two percent, So yeah, maybe
it's about foreign costs coming down inflation and easing. Maybe
some green shoots here Ryan and might get fertilized a
bit more by some rbien Z rate cuts. So hopefully
in the coming.

Speaker 4 (11:07):
Months, well that'd be nice. On the nineteenth to February, Greed,
what are the numbers? Okay, so we've got you.

Speaker 3 (11:11):
The Indusses are all on the up in terms of
the US, so the downs up one percent to forty
three nine one three isn't five hundred half percent six
zero two eight? Now's they c up point three percent
nineteen six eight three foots the up point three percent
in the UK and Nike aup point three percent, japan
A SX two hundred up point two percent point seven percent,
say eight four zero two nz F fifty down point

(11:34):
two seven percent thirteen zero five two. Wait a bit
by a fishing pipal health Care that was down one
point eight percent on tariff talk, Gold up thirty five
dollars in the USS, that's encouraging oil down one point
eight percent, Semi six spot forty five currencies, Keywy down
point one percent against the US fifty six point seven
with fled against IZZI ninety point four, down point one

(11:56):
five percent against Stirling forty five point ninety five. And
as you point out, if it's some great news on
the dairy auctions, one.

Speaker 4 (12:03):
Yeah, absolutely, Greg, thank you very much for that. They'll
be happy. Greg Smith, Devin Fund's management with us just
gone twenty one minutes after six, Paul says, here more
than a mate. It looked more like Elon Musk was
throwing out a Munda wave to me, you know, one
of those East Coast waves rather than the Nazi salute.
When we come back, I'll tell you what the officials
have been telling Brook van Velden about the minimum wage

(12:25):
and also whether Mark Mitchell should be the Minister for
Ethnic Communities.

Speaker 2 (12:32):
The Mike Hosking Breakfast Full Show podcast on iHeartRadio Now
it by news talks, he'd be news talks.

Speaker 4 (12:39):
There'd be twenty four minutes after six. I'm going to
tell you in just a few seconds what the officials
told the government about the minimum wage increase because they
didn't go with the official advice, even though it wouldn't
have resulted in more job cuts. What's up with that
tall you in a second?

Speaker 2 (12:54):
Trending now with Chemist ware House, your home of summer essentials.

Speaker 4 (12:59):
Everyone's frothing about this new TV show, A new show
coming to Disney Plus if you've got the subscription to
that eagerly anticipated, and it might have something to do
with Trump. The new president has said that he will
quickly release all of the classifying documents on the JFK,
the Robert Kennedy and the Martin Luther King assassinations. So
there you go, a treasure trove of information coming to

(13:19):
us apparently. So this new fiction show is about to
come out where it looks behind the scenes that all
of the secrets of America, and naturally people are keen
to watch it. It's called Paradise.

Speaker 1 (13:28):
I became president.

Speaker 2 (13:30):
First thing I asked it was about the secrets aliens
who killed JFK.

Speaker 1 (13:36):
Out of everyone in my detail. You the only one
I really trust. I'd like to talk to you about
the future. You're about to be entrusted with top secret
national security information.

Speaker 4 (13:47):
Do you wish to proceed? You e didn't want to
hear this?

Speaker 1 (13:52):
Call it in How are people lonely?

Speaker 9 (13:54):
Now?

Speaker 14 (13:56):
Very important people are very upset.

Speaker 1 (13:58):
They've got questions.

Speaker 14 (14:00):
If you were the last person to see the president alive,
did you kill him?

Speaker 15 (14:04):
They're about to tell everybody that cow died of natural costs.

Speaker 1 (14:08):
The President loved you.

Speaker 16 (14:10):
The relentless mount can never start.

Speaker 4 (14:14):
James Marsden is the President. Paradise out now in Disney
plus coming Tuesday news talks ab so the minimum wage thing.
Brook van Invalden went against official advice. They said, look,
you can do an extra ten cents. You can give
a two percent increase to the minimum wage without costing jobs.
They ended up going for one and a half, So
that's twenty three dollars fifty. Now, her argument is about

(14:36):
the long term trend. So if you look way back
to two thousand and one, over that time, the minimum
wage has gone up two hundred percent, the average wage
one hundred and thirty percent, and inflation eighty percent. So
she reckons that the minimum wage is creeping too close
to the average and therefore she's bringing it down. Well,

(14:57):
she's not increasing it by the same amount twenty seven cent.

Speaker 1 (15:06):
Setting the agenda and talking the big issues.

Speaker 2 (15:09):
Ryan Bridge on the Mic Hosking Breakfast with a Vita Retirement, Communities, Life,
Your Way News Talk said, be a.

Speaker 4 (15:17):
Very good morning to you. Twenty three away from seven
over in the UK. Prince AI. You know we said
earlier in the show that his court case against Murdoch
Media has been delayed, with Sky News is now reporting
that it could be because they're re entering talks. This
is the guy who who basically said I am the Way,
the Truth and the Light, and I will take on
Murdoch and his media cronies and I will crush them,

(15:39):
and I will do it for you, the people. And
here we are at the eleventh hour and it's only
him and one other guy left standing. I think it's
a Labor MP, former labor MP. He's now entering talks
to get a payout. Is that a sign of how
bad his wife's Netflix show is going to go? Maybe?
I don't know. They do they need some cash. They
worried about the legal bills twenty three away from seven.

Speaker 9 (16:03):
My Milkshet brings on a voice of the yard and
they're like, she gets better.

Speaker 4 (16:07):
Than your camra. Well, it is a good time to
have a milkshake. It's a good time to be a
dairy farmer right now. Production is up, prices are up,
the dollar is down. In this morning, the latest dairy
trade option price is up one point four percent at
the GDA. So that is good news overnight. After a
shaky start to the year, it would seem we're back
on track. John Stevenson, Fontera Croppertive Council chairs with us

(16:29):
this morning. John, Good morning, Good morning Ryan. How are
you feeling about that result?

Speaker 16 (16:34):
Well, I think it's really positive news. As you mentioned
in your intro, we've seen a couple of slides, so
good to get back on track see some positive numbers,
and in particular that that whole milk powder price, you know,
that's really good news for us with farmers and our
economies we operate on.

Speaker 4 (16:49):
Yeah, because it's dropped the last two options, that whole
milk powder price, but it's still the highest it's been
in two years, right.

Speaker 16 (16:56):
Yeah, it is, and it is a really good news
and I think sort of important to put it in context,
is sort of a long road to home and many
more GDT options to come out on a milk price
won't get confirmed until September this year, but it is
positive news and good to see that that trend reversed.

Speaker 4 (17:14):
Yeah, I mean, obviously everyone's been talking about north of
ten dollars. You'll still be hoping for that. It would
I mean, would this sort of marry up with that?
Is it?

Speaker 9 (17:21):
Is?

Speaker 4 (17:21):
It too early to say.

Speaker 16 (17:24):
That there's a decision for Fonterira in the border Fontierra,
but certainly, you know, what we're seeing is really really
strong signals, and I think you know, from a farmer's perspective,
we've seen big on farm inflation in the last couple
of years. You know, on the milk price, dairy farmers
would have made a loss last year. So a good
margin this year, if it eventuates, will allow us to

(17:46):
catch up on the food maintenance and invest a fair
bit of that money back into our local economies.

Speaker 4 (17:51):
What's driving that production that uplifts in production up for
one point four percent year on here, it's above the
five year average.

Speaker 16 (17:58):
It's been a really season growth wise, so we've seen
apart from south on a really kind spring and a
good start this summer drawing off in a couple of
places and now which which is not unexpected, but that
you know, those those supplementary feed supplies for silage bunkers
and the crops have had a really good start. So
you know, it's looking really positive from our on farm

(18:20):
perspective going forward.

Speaker 4 (18:21):
Farmers worried because we asked the government about this and
they say, oh, well, we don't know. We just don't know.
We'll have to wait and see. But you know, most
of what Fonterra producers is exported. A farmer is worried
about Trump and the tariff threat.

Speaker 16 (18:35):
It's I suppose it's sort of by the buyer for us.
We'll keep producing our milk and expecting Fonterra to sell
it at the highest possible Madge, And I think as
a farmer, we've got a hundred worries, Ryan, and that's
that's one of the ones that we can't control. So
we just keep our heads down and focus on what
we do, try and increase our productivity, trying to try
to produce the best possible milk we can, and we'll

(18:57):
leave the selling up to Fontira.

Speaker 4 (18:59):
Good on your job, keep it up. The economy needs that.
John Stevenson, Fonterra Cooperative Council Chair. It is twenty minutes
away from seven Rainbridge and it's great to have your
company this morning. Are lots to talk about. The polleys
are on after eight o'clock this morning, and I want
to ask Mark Mitchell whether he thinks he's qualified to
be the Minister for Ethnic Communities because he's been a point.
You know, Melissaly got the boot and there's a group

(19:22):
called the Asian Family Services who come out with aren
Z and they've said this, I'll just read you the quote.
Replacing somebody who comes from ethnic communities with someone who
shall we say, comes from the mainstream is definitely not
good optics. So I guess the question is can you
be a paki haak here we and and be the

(19:42):
Minister for Ethnic affairs or ethnic communities?

Speaker 12 (19:45):
Presumably still you know ticks one of the boxes when
he has to fill out his ethnicity on a census.

Speaker 4 (19:52):
Form and we all do, don't we.

Speaker 12 (19:54):
Well, I prefer not to say ett do you Yeah?

Speaker 4 (19:57):
You don't take other Well.

Speaker 12 (19:59):
I just don't know. To be honest, I've got no idea.

Speaker 4 (20:01):
Well, no, you're going to do a DNA test to
really find that out, don't you. But surely actually.

Speaker 12 (20:06):
In Neanderthal, I think, is the answer. Wondering that explains
my long arm.

Speaker 4 (20:10):
Surely, though, Glenn, you would want and I don't know
because I'm not obviously privy to this, but but surely
you would want a good minister, no matter you know
what ethnicity box they do tack on that census form
rather than one that like Melissa Ly who you know,
couldn't even handle media. It is eighteen minutes away from seven.

Speaker 2 (20:29):
The Mike Hosking Breakfast Full Show podcast on iHeartRadio powered
by News Talks B.

Speaker 4 (20:35):
Sixteen away from seven News TALKSB. Everyone was wondering, how
did Goleras Garaman get allegedly get caught again shoplifting and
Pack and Save if the Pack and Save supermarket in
question didn't actually tell the police. Well, there's an interesting
story from David Fisher in The Hill Today that looks
at the Aura CCTV system. This is the retail surveillance network. Apparently,

(20:56):
when you sign up to that, if you're a business,
if you sign up to that network work, the police
can look at your footage without requesting it from you,
so you don't have to give it to them. They
don't have to ask for it. They can just search
for it as of as a right. If you know,
you basically sign your right. So once you sign on
to the network, and it covers ninety percent of our retailers.

(21:17):
So basically, if you steal something from the store, the
store doesn't need to tell the police. The police can
go in and find you and catch anyway. Quarter to seven.

Speaker 17 (21:24):
International Correspondence with Ends and Eye Insurance, Peace of Mind
for New Zealand Business.

Speaker 4 (21:30):
Richard Darnold's the US for us this morning, Richard, good morning,
A good morning. Run all the executive orders from Donald Trump.
And boy there were a few, Yeah.

Speaker 18 (21:37):
Were lots of the one on the desk there weren't there.
The opening move saw this flurry of presidential orders signed
as the document steam were held up by Trump for
the cameras. Some of these will wind up in court,
but the most contentious to begin with is his pardon
for almost all of those jailed or even tried over
the riots that he was capital so four years ago.
That includes those found guilty of assaulting police on that day,

(22:00):
with all kinds of things, baseball bats, flagged poles, pepper spray,
and on and on. Some one hundred and forty officers
were injured in an assault on the US Capital spurred
on by Trump. The injuries included crushed spinal discs, traumatic
brain injuries, and a heart attack. President Trump has called
it a day of love, quote unquote. One of those

(22:20):
hurt was a sergeant in the Capitol Police RQI Gennell,
who says that he and his fellow officers were punch
kicked and spread with chemicals. This man had served in
a reich with the American military, but said that during
this he felt himself losing breath and thought, quote, this
is how I'm going to die. He now says he
feels betrayed by the pardons. President Trump has taken to

(22:41):
calling those tried and convicted in all of this hostages,
and often played a recording of some of them singing
the Stars and Stripes for Ever the national anthem over
a phone from prison. Some other Republicans have taken to
calling the Capital rioters tourists, and as he pardoned them,
freeing them most of the many way of any record
of their charges, and commuting the sentences of a handful

(23:03):
of others. Trump said this from the Oval.

Speaker 6 (23:05):
Office, approximately fifteen hundred full part.

Speaker 18 (23:10):
Yeah, that surprise, seemingly some Republicans who said it would
not be right to pardon those found guilty of violent acts.
Here's what the incoming Vice President J. D. Vance said
just days ago.

Speaker 16 (23:21):
If you committed violence on that day, obviously you shouldn't
be pardoned.

Speaker 18 (23:25):
Obviously, he says, Well, they have all been pardoned. There
was no promised review of exactly what was done by
these individuals.

Speaker 1 (23:31):
They all get out of jail free.

Speaker 18 (23:33):
Trump will also formalize the appointment of Marco Rubio, whom
he once called Little Marco, as the new US Secretary
of State. Rubio said soon after the January of the
sixth Riots in twenty twenty one.

Speaker 13 (23:46):
Entire life with an alongside people who came to America
fleeing countries plagued by political violence and by chaos. Today
America looked like the countries that they came here to
get away from. Vladimir Putin loved everything that happened today
because what happened is better than anything he could have
ever come up with.

Speaker 18 (24:05):
But today, in his first round of media interviews, since
getting the Secretary of State post. It was no comment.

Speaker 8 (24:11):
We're going to focus on what makes America stronger and
more prosperous and safer. I'm not going to engage in
domestic ploy.

Speaker 18 (24:17):
Yeah, we don't want to talk about the Capital riots stuff. Meantime,
those freed already include the leaders of the so called
Proud Boys and Oathkeepers to extremist groups who were found
guilty of helping to plot the riots. One Enrico Tario,
was serving a twelve year prison term, and other Stuart Rhodes,
eighteen years. Both of them are out now and a
group of their backers cheered outside the prison happy days.

(24:41):
While the guy with the horns, you know, the so
called Cuanon Shaman. Everyone knows the picture.

Speaker 1 (24:45):
I guess has said about.

Speaker 18 (24:47):
His pardon quote, I got a pardon, baby, he adds quote,
I'm going to buy some bleeping, bleeping guns. I love
this country. Trump also called for a no US citizenship
automatically for people simply born in this country from non
citizen parents. That is a right that is in the
United States Constitution. So that is one presidential document that

(25:09):
I guess has said for future review by the courts.

Speaker 4 (25:11):
All right, Richard, just before we go the Trump Biden
conversations and the beast on the way to the White House, etc.
Amy Klobysher was privy to some of them. Do we
know what was said?

Speaker 18 (25:22):
Well, we do a little. She wouldn't give all of
the details, but O to be a flower in the wall, right.
That's what many must have been thinking, because they not
only drove together to the inauguration site in the beast,
but they also you know, they had tea in the
White House together. This is the traditional thing traditions that
Trump denied Biden four years back. Anyway, we know something
of what was said for the hour or so that

(25:44):
these two men spent together because Clovershaw was one of
the lawmakers who went along as chaperones. Happily they did
not need to physically intervene, but they encouraged the two
men to speak a lot about football. Clovershaw, who was
the Demococratic Party Rep, says they did speak about the
LA Fire, a.

Speaker 14 (26:00):
Lot of discussion about the fires in Los Angeles. I
made a strong pitch. I said that I was glad
that the new president is visiting Los Angeles, and we
talked about the firefighters. But we also talked about the
rebuilding and the fact that the Olympics are coming up
and this will be a moment for la to rise
from the ashes.

Speaker 18 (26:20):
Yeah, twenty twenty eight. The windsor four counts back the
hurricane strength today, so the fire threat is not done yet.
The two men also talked about the Middle East ceasefire deal.
Of course, when he spoke publicly about that, Donald Trump
made no mention of Joe Biden's role in Middle East diplomacy.

Speaker 4 (26:34):
All right, Richard, thank you for that. Richard Arnold, our
US correspondent this morning, just gone ten away from seven
after seven, will look at inflation and what it means
for your interest rate cap that you're expecting we're all
expecting next month. This one from Chris Trump has pardoned
some criminals in our country. The crims don't even get
put in jail to be in a situation to get
a pardon in the first place.

Speaker 2 (26:56):
Brian Bridge on the Mike Husking Breakfast with a Vita
Retirement Communities News togs had bes he.

Speaker 4 (27:03):
Sticks away from seven. I hate to be the bearer
of bad news, but it's sort of my job. The
services sector still not doing very well, still going backwards.
The psivists from Business New Zealand came out yesterday for
December it fell back to forty seven point nine. That
was down from forty nine point one. And anything below
fifty is going backwards and it's been bad for ten months,

(27:24):
has been going backwards for ten months. And out of
all of our trading partners, this is the bit that
will get you. Out of all of our trading partners,
we're the only one going backwards. The Aussies are on
fifty point eight and more than fifty minutes positive. Of course,
yesterday we told you that the job ads were down.
What does this mean, Well, it means that Nikola Willis,
in her new job, newly minted role as the Economic

(27:46):
Growth Minister, has a lot of water to get under
the bridge before we get back to a growing economy
five minutes away from seven.

Speaker 2 (27:54):
Well, the ins and the outs, it's the beiz with
business favor. Take your business product activity to the next level.

Speaker 4 (28:02):
You know when everyone comes back to the office from
the holidays and they just look a bit down, they
look a bit sad, they look a bit gloomy. Well
it's a real thing and a trade me data backs
this up. During the last week of January, they see
two hundred and forty five thousand views per day on
their job listing, so there's a spike people go, oh,
I don't want to work here. I've been enjoying my holiday.

(28:24):
It's also the most significant jump of the year from
December to January. Trade me also says they saw a
fifty four percent increase in job applications in January twenty
twenty four. That's compared to the previous year fifty percent.
That's pretty significant. Something clearly clicking while you're on holiday.
These numbers are all up despite the fact that job
listings per day are actually down ten percent compared to

(28:45):
the first two weeks of last year. When it comes
to supply, Auckland is still the region where people look
the most, with around forty nine applicants per listing on average.
In second place Canterbury congratulations to you with thirty three
applications per listing, and the industries in demand retail, customer service,
hospitality and tourism. So if we're all looking for jobs

(29:08):
and there aren't as many jobs out there and there
aren't as many jobs being listed, does that mean people
will stop, you know, quiet quitting and all that nonsense
that people do. You know, I don't really need a job,
so I won't really try. Are we going to move
past that? Do you think become a little bit more productive?
It's coming up to seven News Talk.

Speaker 19 (29:27):
SEBA, don't backing the bed, No.

Speaker 1 (29:55):
This time WestEd you are there the Breakfast show Kiwi's
Trust to stay in the Know.

Speaker 2 (30:08):
Brian Bridge on the Mike Hosking Breakfast with the range
Rover Villa designed to intrigue and use togs.

Speaker 4 (30:15):
That'd be good morning, just gone seven after seven on
Rowing Bridge. Great to be with you this morning. Inflation
for the December quarter is coming out well at about
ten forty five. The Reserve Bank reckons it'll be two
point one percent annualized minus an z. It's the same
position basically for all of the major banks. Nick Tuughley
is asb's chief Economics. He's with us this morning. Nick,

(30:36):
Good morning, Good morning. Tell me what are you packing where?

Speaker 15 (30:41):
Mason? I'm boring after what you just said. But we're
picking two point one percent, so that means inflation is
sitting basically smack being in the middle of the Reserve
Banks target.

Speaker 4 (30:51):
Shall we stop caring about inflation then?

Speaker 15 (30:54):
I think the thing is that you always have to
care about inflation. I think we've had we had a
long period of decades where we got sort of we
took low inflation for granted, and we've realized thatation sends
it away on you if you don't keep an eye
on it, and it is quite costly to society. When
you've got inflation.

Speaker 4 (31:10):
It's given us a good whipping. But now that it's
in the zone, can we, you know, can we stop
the intense focus and scrutiny.

Speaker 1 (31:18):
Yeah.

Speaker 15 (31:19):
I think for most people they'll start getting a bit
more relaxed and they'll kind of forget a little bit
exactly what the inflation inflation rate is. But we do
still need to be a bit cautious this year because
we do have a situation where the domestic inflation is
still relatively high and the Reserve Bank is going to
want to see that come down over the course of
this year, which is what we're expecting and what we

(31:39):
have been seeing. But for inflation to stay around two percent,
that domestic part needs to come down because we can't
keep relying on outright falls and things like fuel prices
and weakness and food prices for example, to keep things low.

Speaker 4 (31:53):
That's the stuff like our insurance, our rates, our rents.
It's the stuff that's not influenced by international factors. What
are you picking will happen with that today?

Speaker 15 (32:02):
Well, that's been around five percent on an annual basis.
We're expecting somewhere around about four and a half percent.
So there you go. That's another half percent down on that,
and that's helping off sets, you know, just some rebound
in the cost of those sort of more traded goods
because they've actually been really wet. But it's done most
of the work getting inflation down to a low level.
But we can't rely on outright declines overall and those

(32:24):
sort of goods, so they're going to be lifting a
little bit over the course of this year. So we're
going to see the mix of inflation change, but what
we want to see is that domestic but going back
to something a bit more normal, in keeping inflation anchored
around two percent.

Speaker 4 (32:38):
Not relying on oil to bring us down. Nick, what
about the ocr February nineteenth is the meeting from the
Reserve Bank and everyone saying, oh, it looks like we'll
probably have half a percent. If you look at the
services sector data we had yesterday the job adds data.
Should we not be going bigger?

Speaker 15 (32:54):
I think there is an event. Well, we're comfortable going
with fifty. I mean, most of the debates it's been
around will they go back to doing twenty five point
moves or fifties? And the Reserve Bank basically climbed on
top of the sky tower and sort of shouted it's
probably going to be fifty guys, and I think that's
what they will do. I think going further than that,
we're at a point now where the Reserve Bank, beyond
February will be starting to think about, Okay, how much

(33:16):
further do we really need to go. We've done a
lot of cuts. We haven't quite seen the full effects
of it. Have we done enough in wanting to think
more about fine tuning how much it needs to go?
So I don't think seventy five we haven't seen the
Reserve Bank really hit the panic button on the way down.

Speaker 16 (33:31):
To that extreme.

Speaker 15 (33:33):
They have cut at a fast clip recently, and that's
what we're expecting.

Speaker 4 (33:37):
This month certainly felt slow and steady, hasn't it. Nick?
Thank you Nick Toughley Asb's two for economist. It has
just gone now ten up to seven Ryan Ridge School
scrambling to fill teacher vacancies. Three hundred and forty six
full time jobs currently up for grabs. Apparently students get
to return next week. They'll be happy about that, but
who's going to be teaching them? Kate Gaines with Secondary Principles, Sorry,

(33:57):
Secondary Principles Council Chairs with us. Kate, good morning, Good morning.
What types of teachers are you missing here?

Speaker 20 (34:05):
Well, historically there's been sort of ebbs and flows of
the types of teachers, and we have seen in the
past shortages of maths and science and technology and the
teachers of teal. But what we're seeing now is much
more widespread than that with in secondary schools across the
book board, English, physical education.

Speaker 4 (34:27):
The lot apparently there was I saw a comment from
a principle that they've got lots of applications from foreign
trained teachers, but they want local ones. Can beggars be choosers.

Speaker 20 (34:38):
Well, actually, schools are employing a lot of overseas teachers
and some of the international education systems are really suffering
feeling the result of that. So I know that lots
of New Zealand schools have employed a lot of people
from the Philippines and from Fiji, and so we are
employing a lot of people from overseas as we can.

Speaker 4 (35:00):
So we're not being picky. We're not being picky. Kate.

Speaker 20 (35:05):
Well, all schools must be picky when they are when
they are advertising and selecting people to go in front
of students. But the field is not big.

Speaker 4 (35:18):
So what do we need to do about that. You're
obviously not advocating for getting more foreign trained teachers and
then stealing them from other countries, so you want to
build up the local workforce.

Speaker 20 (35:26):
Well, I think it's we're having to do both. We're
having to have people from overseas, and we've had some
very very good teachers come into New Zealand from overseas.
But it is a worldwide problem. But at the same time, yes,
we do need to be building up our own pool
of people and it's a bit of a bring it
as fast as we could be because this problem has

(35:47):
been hanging around now for some years.

Speaker 4 (35:49):
Kate, thank you very much for that. Kate Gains did
the Secondary Principles Council chair with us just gone twelve
minutes after seven News talks they've been coming up. Trump's
being sued already in Greenland, poor of Greenland. This is
the headline. We don't want to be Americans, poor things.

Speaker 2 (36:03):
That's next the like asking Breakfast Fall Show podcast on
iHeartRadio powered by News Talks.

Speaker 4 (36:10):
AB quarter Past seven News Talk SAIB. So Trump's had
his day in the sun, and boy did he make
the most of that. So we were on here yesterday
at six o'clock in the morning and he was he'd
already been up for a couple of hours doing events
and speaking, etc. And then I was watching the news
watching a live feed from him yes late yesterday afternoon
here and he was still going, still doing a speech
speaking to some soldiers from the US Army. Now, watching

(36:35):
that speech and watching those speeches would have been the
leaders of all the different countries around the world, including
Putin and she And see what happens as you get
a bit jealous, don't you, because he's getting sucking up
all the attention. So what did they do? Well, they
had their own little meeting at the same time and
then announced it to the media. So they had I
think it was over zoom warm. I don't know what
sort of outfit they used, but anyway, they had a meeting,

(36:57):
and they talked about reportedly talked about how they will
deal with Trump and obviously putin needs she more than
ever at the moment to do with trade and because
of the war in Ukraine that he started. And in
the comments he described she as quote his dear friend.
So then you go also this morning, Greenland poor or

(37:17):
Greenland much like Panama. I mean, where else on the
map is Trump said in the last twenty four hours
he's going to take over. Greenland's Prime minister has had
to come out and said, we don't come out and
say we don't want to be Americans. And the Danish
Foreign minister has said, and I just love this headline.
You can't just help yourself to Greenland like it's a
piece of cake. Anyway.

Speaker 12 (37:40):
Are there some places that do want to be Americans
and could he have them instead?

Speaker 3 (37:45):
Well?

Speaker 4 (37:45):
Who would Well?

Speaker 12 (37:47):
Probably Mexico, Venezuela, all these people who are queueing up
at the border, Guatemala. Yeah, in fact, just he can
probably have those ones the South and Central America.

Speaker 4 (37:58):
It's yours, you can have it. Problem is he doesn't
want it apart from Panama because it's strategic.

Speaker 12 (38:03):
Right.

Speaker 4 (38:03):
Seventeen minutes after seven. Now the issue of vaping and smoking,
and Casey Costeller just gets a hammering every time she
opens her mouth. And well, I mean because it's to
do with smoking, I suppose. Anyway, Casey Costello has come
out and said, we're going to give anyone who's trying
to quit smoking, we're going to give them a free
vape device and one month's supply of nicotine pods. And

(38:28):
all the GPS are up in arms about this, and
it doesn't make sense to me, because vaping is better
for you than smoking. They know that it might be.
It's sort of like having a chicken sandwich instead of
a real greasy hamburger. That's how I would differentiate. It's
quite a scientific way to explain it. Anyway, the GPS
are upset, and here's their justification. They're looking at this report.

(38:51):
This study only sixteen percent one sex of participants, we're
both smoke free and vape free after the pro Now,
that to me is a good thing. Sixteen percent is
pretty good because remember we're down to the last hardcore,
stubborn lot of smokers in New Zealand who just won't
give up. So if you can do a fraction of

(39:14):
that by offering them a free vape. Surely that would
be a good thing. Anyway, A third of the participants
in the study gave up smoking for vaping, So you
get them off something that's worse onto something that's better.
I can't see the downside of at least trying it.
We're at the you know, we're at the last five
percent of Kiwis who smoke. Now, I think you've got

(39:35):
to just throw the kitchen sink at that, don't you.
Nineteen after seven News Talks EBB, The.

Speaker 2 (39:42):
Mike Asking Breakfast Full Show podcast on iHeartRadio caw off
My News TALKSB.

Speaker 4 (39:49):
Twenty one after seven News Talks EBB. People with no
connection to the Middle East have protested on streets in
New Zealand. They've clashed with police. They followed the Prime
Minister around all to oppose the war in Gaza. You're
killing babies, they would chant. You got blood on your hands.
And yet when it comes to babies being killed right

(40:10):
here on New Zealand, soil crickets there's plenty to protest about. Sadly,
a baby was murdered in Hamilton on New Year's Day.
Another baby so far this year allegedly murdered in Auckland
another baby December twenty eighth, five month old boy, serious
head injuries, no explanation of why police talking to the family.

(40:34):
Nobody's been arrested yet for killing baby Rue in Wellington.
That was more than a year ago. Now it was brutal.
It makes you sick, it makes you sad, it makes
you angry, It makes the news and then it all
fades away. Where are the banners and the marches and
the throwing of jusip politicians? Are we so immune to

(40:55):
babies being allegedly killed by their families in this country
now that we just don't care? Are we desensitized to
the whole thing? But if that's the case, how do
you explain the uproar over Gaza. And I'm not saying
it was wrong to be an up or about it,
but how do you explain that babies that are a
million miles away? Is it because there's no footage of this,

(41:17):
no trauma to share on social media? It's out of sight,
out of mind. I think there's something else going on here.
I feel like we've given up in a way, We've
given up hope of changing the situation in New Zealand.
We have all witnessed this happened time and time again,
year after year. We have cried collective tears, we have marched,

(41:39):
We have seen cases with no arrests or with light sentences.
Perhaps we've lost faith, maybe that justice can and will
be done, and that that behavior can and will change.
So we block it out. We go about our day
thinking about what to get from the supermarket for dinner.
And that is shape full and sad. Bryan Bridge, and

(42:04):
it's just gone twenty three minutes after seven. Great to
have your company this morning. I'll give you the interest
rates because we spoke about that with Toughly just earlier.
So this is for ASB. The one year rate is
five point five nine. An Z has dropped their rates
this week. You might have noticed that in the news.
Interesting though, because they've got the most home loans out
of anyone in New Zealand. They are still higher than ASB,

(42:25):
an Z and Westpac. So if you're in the market
for a home loan, I would suggest you go to
one of the others. That's just from me over to France,
where customs have had a great time over the last
year packing up tons of illegally imported honey that has
been touted as an all natural sexual enhancement treatment, so

(42:50):
they called it aphrodisiac honey and literally tons of the
stuff they have confiscated at the border. It's packets of
little honey in gels that are sold as shots or
sticks with names like black Horse or Biomax. And before
you run for your toast to swap out the marmite, lads,
it doesn't work, okay, honey is that it is not

(43:11):
a thing to do with honey. What they're actually doing,
and I can see Glenn's interest peaking now, what they're
actually doing is putting pills, crushing up you know, viagra,
putting it into the honey and then importing it into
France from places like Malaysia.

Speaker 12 (43:27):
So you are still taking it orally. I thought it
was just you were running it on.

Speaker 4 (43:31):
Maybe I didn't never cross my mind, Glenn, but clearly
it's crossed jewels.

Speaker 12 (43:37):
Well, I was just thinking, you know, depending on where
you're rubbing it and who's doing the rubbing, it could work,
all right. I've seen nine and a half weeks. I
know how some of these things go.

Speaker 4 (43:49):
No, it's not.

Speaker 12 (43:50):
Then it's for oral ingestion. How old is that nine
and a half week's reference.

Speaker 4 (43:54):
By the way, it's quite odd, maybe two old for me, Glenn. Anyway,
So they ugus Tall apparently came from a signed November
thirteen tons worth of this eight hundred and sixty thousand
sticks of shipment from Malaysia and it's basically just crushed
up viagram mixed with some honey and Bob's your uncle.
Update on the Richie mccau statue. We'll give you that too.

(44:17):
So forty thousand dollars is what they didn't needed. This
is for in kuro in the Waititucky district. Forty thousand
dollars for this statue and they had to give a
little page back in twenty eighteen. They managed to raise
only three thousand dollars and they needed fifty thousand dollars.
Well the good and basically obviously didn't work. Took it
down twelve months later. And so what's happened now is

(44:39):
they've managed to get the money. Don't know where they
got the money from. Did Richie, you know, come in
with a last minute I didn want to say that.
Now you said it, well, I mean if someone said
they wanted to build a statue of you Glenn and
they didn't have the money, you'd probably well.

Speaker 12 (44:54):
It'd be depressing, though, wouldn't if if they give a
little doesn't raise the money.

Speaker 4 (44:58):
It would be statues. In my mind, statues are for
people who have died, because imagine, I mean imagine it's
how you know, it's a memorial to somebody who's already passed.
In my mind, at least, I mean it's their money.
They can do what they like, Go ahead and build
the statue, and I'm sure people will come. But imagine
being the tourists who do come to curo To town
and they're looking at the statue and then there's the

(45:19):
real richie poor. What a fright you would get? Twenty
seven minutes after seven, you're on news talks. He'd be
our political panel, first one coming up after.

Speaker 2 (45:28):
Eight, your source of breaking news, challenging opinion and honors backs.
Bryan Fridge on the My Caskeme Breakfast with Bailey's real
Estate finding the buyers others can't use dogs.

Speaker 4 (45:43):
Head b So big day over well big twenty four
hours elave for Donald Trump. At twenty four minutes away
from eight o'clock, he signed all these executive orders in
his oval office, and he had a big, giant pen
to do it has actually got a massive signature. If
you saw that on the news last night, it's Joan almost.
I don't know whether he was doing that to fill
the page in or what, but anyway, one of them

(46:04):
he's definitely going to do. He didn't do it yesterday
is a twenty five percent tariff on Mexico and Canada
on February first, because he said it in the Oval
Office to a reporter that spoke to that asked him,
questioned him about it. Interestingly, the markets this morning in
the United States have barely moved off the back of
the news. The S and P up about four percent, sorry,

(46:25):
zero point four percent, and NASDAK was flat. Remember they
were closed for Martin Luther King Day of course, so
they've only really had a chance to react now. And
the first reaction, well, there hasn't really been one, and
you would think there would be. If someone is in
the Oval Office threatening tariff's tariffs, tariffs, you'd think that
would put people off. But I think maybe what the
markets are thinking is, well, you know, is this just

(46:47):
a tactic, a negotiating tactic from President Trump, and therefore
we're not going to react too much twenty two away
from eight. We talked to our polleys about that after
eight o'clock right now, Off the back of all that
action in the United States, including the fact that the

(47:09):
United States has now pulled out of the World Health Organization.
They've also canceled their membership for the Paris Climate Accord.
Terror threats. You've got pardons of plenty of the list
goes on. Matt Terrell is joining US now. He's the
former chief of staff to the new Secretary of State
Marco Rubio and managing partner of Firehouse Strategies. Matt, good morning,

(47:30):
Welcome to the show.

Speaker 21 (47:32):
Great to be with you.

Speaker 4 (47:33):
Lovely to have you here. First of all, what is
your your and Republican's reaction to the I suppose the show,
but also the content of what happened.

Speaker 21 (47:44):
Well, look, first of all, no' surprise. I mean the
bottom line is is just Trump being Trump. With everything
he's been doing, this has been obviously a non traditional inauguration.
Part of that's because of the weather it took effect
and watched DC yesterday, but part of him being here
you saw him on the heels of the inauguration speak yesterday.
Then go to Capitol One Arena where he did a
rally that's unheard of for someone during an inauguration day,

(48:06):
and knowing that he signed executive orders right then and
there in front of a massive crowd of supporters. Then
went to the Oval Office and you know, with reporters
in the room, signing more executive orders. You know, it
was a day in which he was fulfilling his Day
one promise, and that was to move on key issues,
namely border security, immigration, mass deportation, and of course on

(48:27):
energy and other issues. There's more to come. You know,
you're gonna see more executive orders come here.

Speaker 4 (48:31):
Out of the gate.

Speaker 21 (48:32):
But of course legislation will be key, working with Republicans
on Capitol Hill in particular to drive forward his legislative agenda.
Expect one big bill to be crafted here soon to
include tax reform, among many other promises that President Trump
made in the campaign trail. He campaigned on a lot
of promises. Now he's delivering. That's what I think Americans
are saying right now.

Speaker 4 (48:51):
Yeah, he's delivering the executive orders, but will they hold
up in the court. So I noticed that there's already
been a lawsuit file. This is about the birthright citizenship.

Speaker 21 (49:00):
Well, look, he had spoken to that yesterday, and who's
asked that question with respect to birthright and other issues?
And look throughout he is, he said, we'll see. I
think he feels that his administration is on solid ground
with the birthright issue among the other executive orders that
he is signing. Here, We'll see what happens. But the
bottom line here is he's a mandate. You know, it's
not just the executive orders, it's the voters and the

(49:21):
American people voted for his positions on immigration, border security, energy,
foreign policy. He has a clear mandate. He not only
won the electoral college, he won the popular vote. The
next one hundred days are critical though, for him getting
his agenda across the finish line. Everydale matter in his
four year term, but the first one hundred days will
be key for these executive orders and working with Congress
to get that one big bill passed. They'll have so

(49:44):
many different things in it, they'll be instrumental to his agenda.

Speaker 4 (49:46):
So obviously that's Democratic state attorneys sort of filing the stuff.
What about Democrats more generally, how are they reacting to
Trump's in alleration.

Speaker 21 (49:55):
I think Democrats feel lost right now. I mean, look,
it's unclear to me who their leader is right now.
I certainly would to say that's former Vice President Harris.
It's not foreign President Biden. You know who is the
leader right now the Democrat Party. Who is their next
in line four years from now to be the presumptive
Democratic nominee for president. Those are questions they have to answer.
But the bottom line right now is I don't think

(50:15):
that their policy positions clearly are not aligned with where
the average American is right now. You know, the vast
majority of Americans in this country, majority of Americans that
should say, in this country voted for President Trump. Again,
that was not just with the electoral colleges, with the
popular vote. He has a clear mandate right now. And
by the way, it's the polling recently that's come out
that shows that that's holding. Take for example, on immigration

(50:36):
and border security and mass deportation. The latest data I've
seen out there in terms of polling shows that the
majority of Americans I agree with what President Trump is
doing on those issues. We'll see what happens here, but
right now, I think he's off to a great start,
a strong start. You know, it's a long ways to
go here in this term, but you know, he is
hitting the ground running, and he's doing in a way
that I think a lot of Americans are very recepted to.

Speaker 4 (50:58):
He of course, seq Biden of weaponizing the courts. Are you,
if you stood back and you were, in your heart
of hearts honest about things, are you not worried that
he might just do to the exact same thing.

Speaker 21 (51:12):
I don't think it's something he wants to do. I
don't think it's something he's going to do. And I
think it's the furthest saying that they is going to
be a part of his agenda. I think the bottom
line here is that this is someone who's gonna be
focused in on delivering on the promises he made during
the campaign trail. I think that's where his focus should be.
I think he has said that there's no question in
his view that there needs to be Jurassic reforms made
to the Department of Justice. And I think he points

(51:34):
to what he saw yesterday, what many Americans saw yesterday
with President Biden pardoning members of his own family. This
does not sit well, not just with Republicans but Democrats alike.
That was a big issue for people on both sides
of political ali yesterday. But to answer your question, I
think he's can be focused on the economy, inflation, border security, energy, Ukraine, Russia,
Middle East policy. You know the Abraham Accords, you know

(51:56):
China policy. You know that the list goes on and
on of the issues that we are facing as a nation,
as a world. He's going to have his hands full,
But there's no question I think he's be bringing reforms
to the Department of Justice. Expect that particular with his
new attorney general.

Speaker 4 (52:09):
You were the chief of staff for Mica Rubia. He's
just been sworn in as the new Secretary of State
for the United States.

Speaker 8 (52:14):
He's what he said, I want to thank President Trump
for nominating me. This is an extraordinary honor and a
privilege to serve in this role. To be here, frankly,
to oversee the greatest, the most effective, the most talented,
the most experienced diplomatic core in the history of the
world resides in this building.

Speaker 4 (52:34):
He's got a big job behead of him, doesn't.

Speaker 21 (52:36):
He big job?

Speaker 9 (52:38):
Lot?

Speaker 21 (52:38):
You know, this is a different what President Trump faced
when he first came to office in his first term
in twenty seventeen very different worlds on the foreign policy stage,
and he's got a Secretary of State right now who's
got his hands full. But there is no one better
to help President Trump take on the challenges in the
foreign policy stage than Secretary of Rubio. Look, this is
someone who's served on the Foreign Relations Committee, the Senate

(52:59):
Intel commit He knows these world leaders. He knows the
issues facing our country and the world better than anybody
you know. In the bottom line here is that he's
gonna be a great Secretary of State, in my views,
be a great individual to have in the room for
President Trump is making decisions around the direction that the
country is going to go on foreign policy. At the
end of the day, this is the Trump administration, though,
and I think he's going to be set in the tone,

(53:20):
set in the vision. I think you have a great
Secretary of State out there is and to help him
implement it.

Speaker 4 (53:24):
All right, Matt Terrell, thanks so much for your time,
managing partner of Firehouse Strategies, former chief of staff to
Marco Rubio. It has just gone sixteen away from eight
on news talks be coming up before the top of
the hour. We're going to talk drinking and why people
are watering down their booze good The Mic.

Speaker 2 (53:39):
Hosking Breakfast Full Show podcast on iHeartRadio powered by News.

Speaker 4 (53:43):
Talks at be thirteen to eight. I went to the
Luke Holmes concert on Friday over the weekend and it
was a great concert, had a good time. But on
the way there, all of there was a big flag
up and there was all of the sort of people
standing around with clip pause and then so I went
over and had a look. There's a bike valet. Have
you ever seen this. There's a bike valet that's run

(54:04):
it must be all events at Eden Park and you
can go and park your bike for free, but it's
an all contransport funded thing. Three people I counted with clipboards,
one of them with a little iPads would presumably you
could sign your bike in. They had a bike rack setup,
they had flags, they had posters, they had stickers, an

(54:26):
entire setup and there was one bike, literally one bike,
and it was an almost sold out show at Eden Park,
and I just thought, how much is that costing? And
also if you were going to offer free bike parks
as a way to you know, presumably they want to
cry cycling. Well, there's nothing wrong with that. But if

(54:46):
you're going to do it, would you do it at
a country music gig? They wouldn't they come in uts?
You know, would they come in tractors. I don't think
they're going to be biking to the gig. Besides that
most of them were doing showies out of the you know,
drinking beer out of their shoes. Do you then want
them to ride home? I wouldn't miss you.

Speaker 12 (55:06):
You would prefer that they ride home, then drive home.
But I was just trying to think if I've ever
heard of anybody biking to a concert before? Because the
one do you reckon that? The one bike also was
one of those three people with the clipboards that belonged
to them?

Speaker 4 (55:21):
Probably actually, do you know what? Well, the fact that
there wasn't three bikes would indicate that it's an indictment
on Auckland Transport that even their own clipboard holders didn't
bike to the concert. Shame on them all. It's coming
up ten away from eight News Talks.

Speaker 2 (55:38):
I'd be Ryan Bridge on them my casking Breakfast with
the Range, Rover Villa News.

Speaker 4 (55:44):
Talks, Dead b eight. Turns out quite a few people
do bike to concerts, apparently, Ryan I biked to christ
which this is Susie bike to christ Church is Bruce
Springsteen concert a few years ago. For days they'd been
warning about traffic. Podm siders jumped on my bike. Mark
says they couldn't taken public transport. This is about the
three bike valet at Eden Park. They couldn't have taken

(56:06):
public transport there, otherwise they would have arrived after the
concert had finished.

Speaker 12 (56:09):
Well, especially not a train obviously, I mean christ Jach
is a lot flatter. You're not going upper Mountain like
you are. Yeah, that's your true concert. That's true.

Speaker 4 (56:18):
Ryan bike to a gig at the new Plymouth Bowl
to avoid traffic. Would they have traffic there? Could?

Speaker 12 (56:26):
I've seen some cars and you.

Speaker 4 (56:27):
Put seven minutes away from eight. We're going to talk
about booze now, now that we've done with the traffic
and done with the concerts, we'll talk about the real
issue here, and that's booze. Forget the hard liquor or
getting legless. One in every four Keiwi adult or sorry,
four UK adults are now doing what they call zebra stripping.

(56:48):
And it's nothing to do with animals or strippers. It's
the act of having one alcoholic drink followed by a
low or a zero equivalent and then repeating the process.
So could we soon be seeing this? I suppose you'd
call it a health trend. Here. Virginia Nichols is the
New Zealand Alcohol Beverages Council Executive director and is with
me this morning. Virginia, Good morning to you.

Speaker 9 (57:09):
Yeah, good morning Ryan.

Speaker 4 (57:11):
Would you call this a healthy thing? I suppose it's
less damaging. But if you're having a water in between
every beer.

Speaker 9 (57:17):
Well, look it's absolutely healthy because you're alternating with low
and no alcohol products. But don't underestimate as well that
social connections are vital for our health and wellbeing, and restaurants,
clubs and pubs play a unique role in bringing people together.
So I think that's something really important that positive effects
shouldn't be overlooked.

Speaker 4 (57:36):
And what are people? I mean, is this going to
affect do you think sales of alcohol and non alcohol
products in New Zealand? You know, is this going to
be a trend that takes off?

Speaker 9 (57:46):
Well, it is taking off now and it has for
some period of time. And I think it's introducing the
way that we're drinking. Now, we're drinking in a very
different way. And I mean I think the growth, particularly
the no alcohol drinks, has been driven by a trend
of moderation. In recent years, the breweries, distilleries and wine
makers and New Zealand of invested in innovation to enhance
in know and low alcohol beer, wine and spirit. There's

(58:08):
greater choice out there. But I think the important thing
here is is better flavor. And I think that's what's
entosing if you like our drinkers in New Zealand to
drink in a pretty responsible way.

Speaker 4 (58:19):
Yeah. Actually, I've just been told Virginia in my ear
that it's not zebra stripping, it's zebra striping apparently. Yes, yeah,
sorry for confusing that. What I like to do is
buy a six pack of low car beers. I started
drinking low car beers just to keep the belly in check,
and then I will buy some either zero alcohol or

(58:42):
some fizzy drinks or something to have afterwards, because you
still want to have a bit more to drink, but
you don't necessarily want to hang over.

Speaker 9 (58:48):
Yeah, absolutely, and I certainly agree with that. I mean,
across the New Zealand adult population, what we're finding is
we're seeing the rise of low and non alcohol drinks
and what we're finding from independent consumer research, fifty five
percent of respondent said they actually drank low alcohol beverages
in the last year, up from forty four years ago.
So many reasons why we're doing it, and some of

(59:10):
them might be what you've just talked about, Ryan, but
things like you know, because you're driving, tracking beverage consumption,
health and wealth seeing reasons and for a lower calorie drink.

Speaker 4 (59:19):
Yeah. Interesting, interesting, isn't it. I mean people are obviously
wanting to have fun but also keep fit these days,
aren't they. Virginia thank you for that, No, thank you,
appreciate your time. Virginia Nichols, who is with the New
Zealand Alcohol Beverages Council.

Speaker 12 (59:33):
I really want to come up with a definition for
zebra stripping there I think.

Speaker 4 (59:37):
We should too clear of that is something to do
with animals. I don't know, something maybe a bit weird.

Speaker 12 (59:45):
Or is it taking your clothes off while walking across
a pedestrian cross.

Speaker 4 (59:48):
He's a good one. Not recommended for you today, New Zealand.
Don't go and do that, but you want to keep
you want to keep saying I'd rather get my calories
some paster than Booze personally. It's coming up to three
away from seven.

Speaker 22 (01:00:00):
The Polly's Next, The News and the Newsmakers.

Speaker 2 (01:00:15):
Ryan Bridge on the mic asking breakfast with a Vita, Retirement, Communities,
Life Your Way, News Talks head B.

Speaker 4 (01:00:23):
I will never leave you lonely, I will never fade away.
I will be your one.

Speaker 18 (01:00:33):
I will love you.

Speaker 4 (01:00:35):
And it is seven after eight News Talks head Be.
You're listening to Ringo Star's got a new album out
called look Up. It's been released. Eleven songs on the album,
of Course of Beatles fame, a warm, organic feel that
messes comfortably with Ringo's country influences. Apparently, so there you go.
I'm sure our next guest will enjoy this. It is
time for Wednesday's political panel, the first one BETWEENY twenty

(01:00:57):
five and Labors. Denny Anderson is with us.

Speaker 23 (01:01:00):
Good morning, Ginny, good morning, how are you good?

Speaker 4 (01:01:02):
Thank you, nice to have you on the show. We're
still waiting for Mark Mitchell. Apparently he's probably busy with
his new duties as the Ethnic Communities Minister. I'd imagine, well,
you'll go.

Speaker 23 (01:01:11):
To a lot of events in that role, so he
view well could be at.

Speaker 4 (01:01:14):
An event like that is that all it is is
just cutting ribbons.

Speaker 24 (01:01:19):
No.

Speaker 23 (01:01:19):
No, there's a lot of very important issues in ethnic
communities that need addressing. But there are a lot of
ethnic communities right across New Zealand that will all expect
to engage with the minister.

Speaker 4 (01:01:32):
There have been some criticism, and I say some because
it's really just a tiny bit from one particular group,
the Asian Family Services. He say that replacing somebody who
comes from ethnic communities with someone who, in their words,
shall we say, comes from the mainstream is not good optics.
Do you agree with that?

Speaker 23 (01:01:49):
Well, that's for those communities to comment on. But from
my understanding, we have a very diverse range of groups
here in the Hut Valley and it's their expectation that
the Minister for Ethnic Communities has some understanding of being
an ethnic minority with a New Zealand and some of
the different issues. Crime is one of them, but is
a whole lot more than just crime that comes on

(01:02:10):
board in terms of a migrant community in New Zealand.

Speaker 4 (01:02:15):
So you wouldn't take the job.

Speaker 23 (01:02:17):
Well, look, if the boss asks you do for certain reasons,
you'd always weigh that up. But you would question, I
would question whether I had that the right capacity and
skills to be able to take that up. And I
think too that there are issues in and around the
real Commission of Inquiry. There's a whole range of things

(01:02:40):
that weren't completed by this government that ethnic communities are
quite concerned about. So they're very clear in their requests
and some of those are quite legitimate.

Speaker 4 (01:02:48):
How did what did you think of Milania as had
most important thing about the inauguration yesterday? It's a very
strange choice, wasn't it, Jenny?

Speaker 23 (01:02:55):
Did you think it was the v vendetta? Did you
think did you get that time?

Speaker 20 (01:02:58):
Now?

Speaker 4 (01:02:59):
I got calm in San Diego?

Speaker 23 (01:03:02):
Yeah, Well, you couldn't see her eyes, so you know
there was there's something in there when you can't see
someone's eyes, right, they're definitely not happy.

Speaker 4 (01:03:11):
Let's talk about something more serious, Donald Trump and the
tariffs that are potentially going to come our way. Is
the government because I asked Christopher Luxean about this yesterday
and you know he said, oh, well, we'll wait and see.
I mean, do you think the government is on top
of this enough? Are we doing enough scenario planning? Do
we have the people in the right places to try
and head this off when.

Speaker 23 (01:03:32):
New Zealand's always incredibly small player in situations like that,
and more often than not, we do come off second
best because the United States won't be thinking about us
in their planning. So I hope those those scenarios are
in place, because it's usually the primary sector particularly that
gets hit the most when tariffs like that are put

(01:03:53):
in place.

Speaker 4 (01:03:54):
We had the first poll out this year and it
showed that national was in the twenty I mean, it
was twenty nine points something, but that labor had eat
a head slightly. You're not going to get too excited
by that one pole, are you, not?

Speaker 23 (01:04:06):
Just a first poll, but it does indicate that the
economy is biting you know that pole. When I looked
at it, it was cost of living crisis that was
hitting people quite hard and that continues to eat away
at the extrication Kirwe family's pockets. So I think that's
New Zealanders aren't really getting what they voted for, and

(01:04:26):
that that is coming through in the pulse is to
be safe.

Speaker 4 (01:04:30):
I mean, I mean, obviously this is a good poll
for him, but do you think he'll be there through
to the next election.

Speaker 23 (01:04:36):
I think he will be yes, We're one hundred percent
behind him. He's the leader we want to see taking
the fight to this government. And the holiday always gives
us a good period to reconnect in with communities and
talk to people. And there's a lot of dissatisfaction out there,
but all the feedback I get from the groups I
move with in is that he's the right person to
be taking us forward into terms of pointing out where

(01:04:59):
this government and his failing news islanders.

Speaker 4 (01:05:01):
Hey, we're still trying to get hold of Mark Mitchell,
so we'll keep you updated on what's going there.

Speaker 23 (01:05:04):
I've been really nice. I could have gone hard out
on Mike Mitchell, but I haven't.

Speaker 4 (01:05:07):
Do you know what? Do you know what, Jenny? You
have forty seconds go no, whatever you want?

Speaker 23 (01:05:13):
Sting right the personality I look forward to.

Speaker 6 (01:05:16):
No.

Speaker 4 (01:05:17):
Hey, I'm very quickly. I've just had a text coming.
This is this is quite serious? Is that the text
coming from Mark? Presumably not Mark Mitchell?

Speaker 9 (01:05:24):
Hi?

Speaker 4 (01:05:24):
Ron asked Jenny why she wasn't at the police funeral.
I was there but didn't see her. Were you there?

Speaker 23 (01:05:30):
I was at both funerals, So it's been a sad
start to the year. I'd have to say, to attend
both Senior Sergeant and Fleming's funeral as well as Tuddy
and a twotios. So yeah, both of those funerals I
went to and it was really said to see two
very different, very strong community leaders who are women pass away.
Big loss for New Zealand.

Speaker 4 (01:05:51):
Absolutely all right. Jenny Anderson, one half of the polypanel
here to start the year. One kid late for class.
It is twelve after eight.

Speaker 2 (01:05:58):
The Mike Hosking Breakfast Full Show podcast on iHeartRadio car
it by News Talks at be It is.

Speaker 4 (01:06:05):
Quarter past eight News Talks. It'd be the political panel
for your Wednesday morning. Labor's Ginny Anderson is with us,
and Mark Mitchell is awy he's overseas, but he was
meant to be coming on with us this morning. However
we won't be having him. But Ginny is here. Ginny,
welcome back.

Speaker 23 (01:06:19):
Thank you.

Speaker 4 (01:06:20):
You know, we were talking about the polls and obviously
a national and that taxpayer Caurier poll down in the
twenty nine ish and Labor getting a bump. What do
you put that bump down to?

Speaker 23 (01:06:30):
Well, I think we've sustained a good attack on the
government in those areas that are hurting the most. And
as I've said, it's cost of living that really is
hitting Kiwis a lot, but there have been a number
of other issues that have really consumed New Zealanders. Health
gear is right up there. A lot of New Zealand
is not being able to get a GP when they
need it, and that's starting to really cause concern. So

(01:06:52):
I think cost of living and health are the two
areas that are causing the government to get that hit
in the poll, which is.

Speaker 4 (01:06:58):
Why he's an and Christopher Luxen has gone ahead and
put Simme and Brown into health right to try and
heed that off.

Speaker 23 (01:07:05):
You've got to expect that you're having a GP in
the air has not been sufficient for his you know,
he wants someone in there who's going to be a
bit more hard nosed and getting delivery, and that's caused
the reshuffle.

Speaker 4 (01:07:15):
Can you see how people might find it a little
infuriating when they see that in their view, it was
you guys that created these problems in the first place,
trying to merge all the DHBs at a time when
it shouldn't have been done, creating some of the financial
pressures that the systems now wonder same goes for the economy.

Speaker 23 (01:07:33):
I don't accept that.

Speaker 17 (01:07:34):
No.

Speaker 23 (01:07:34):
I think the health crisis has been decades in the
making and one of the biggest problems we don't talk
about is the increase in population without increasing services to
meet that population increase. We've seed a huge amount more
come into New Zealand. So in terms of the changing
to the health system, the DHB system was broken and
we took steps to fix that. But the problem with

(01:07:56):
GPS and not paying them enough has been around for
a long time.

Speaker 4 (01:08:00):
But amazing since you were going to fix the system,
do you think you did?

Speaker 23 (01:08:05):
I think trying to completely fix a health system in
a period of six years is impossible. You can take
steps to try and to try and realign it, but
as this government has found out, there is a huge
amount of money required to make our health system work
adequately and cutting services, cutting doctors, cutting frontline services is
not the way to do it.

Speaker 4 (01:08:25):
Yeah, well, they would argue that they're not cutting frontline services,
but we can part that. There's my bit for Mark
who's absent the Treaty Principles bill that's going before Select Committee. Well,
what do you think the vibe is going to be like?

Speaker 23 (01:08:38):
Here?

Speaker 4 (01:08:38):
What's your reading of it from the inside at the moment,
do you think this is going to be a civil
discussion about things or do you think it could get
a little bit heated.

Speaker 23 (01:08:48):
Well, it's a really unusual situation, Ryan, because this is
the first bill I've ever set on that's not going
any further. So we're hearing submissions on something that's not
going to get a successful second reading. So it's quite
difficult to understand what kind of chaos we'll see. The
government's entered into a really weird deal where we have
to hear of all these submissions on a bill that's,

(01:09:10):
according to the Prime Minister, are not going to become lawer.
So I think the weird setup that has caused it
will cause a certain level of chaos where people come
in and give their views from a range of different perspectives.

Speaker 4 (01:09:23):
There's three hundred thousand submissions. Do you know how many
of them are actually read legitimate? Not legitimate, but written
ones somebody has taken the time to penet themselves as
opposed to those pre populated formulated ones.

Speaker 23 (01:09:38):
The clerks are going through a process right now of
sifting them all through, but from my understanding, a good
proportion of them are legitimate submissions. There are some groups
that are on either side that set up what is
like a portal where you just have to enter your
name in one line and it generates a submission. But
I don't have the data on how many of all
those submissions come under that sort of form standard.

Speaker 4 (01:10:00):
It sounds like you're going to have a lot of
work to get through in the next couple of months.

Speaker 23 (01:10:03):
Yeah, Friday's our first day, I understand, and we'll be
sitting for hours on end a long time hearing those submissions.
But I kind of I'm interested to hear what New
Zealanders have to say. It's an important point on both sides. Yeah,
I am, I'm very interested. I've always been interested in
those few five.

Speaker 4 (01:10:23):
What's your political goals for this year? What do you
want to achieve?

Speaker 23 (01:10:27):
I want to make sure I continue to hold this
government to account in those areas that we know that
they need to be doing better. So family violence for
me is number one. I'm really concerned about the levels
of family violence in New Zealand, and I think this
government should be doing a lot better to prevent not
only children, but families from being exposed to family harm.

Speaker 4 (01:10:47):
Well, we've had a terrible start to the year.

Speaker 23 (01:10:49):
Terrible start to the year, absolutely shocking.

Speaker 4 (01:10:52):
How does that make you feel.

Speaker 23 (01:10:54):
It's a harrowing experience to continue to see the same
mistakes being made again and again. And one of the
reasons I got involved in politics was to understand how
we can work better within government and with communities to
prevent needlessly lives being lost.

Speaker 4 (01:11:11):
Jenny, thank you very much for that. Ginny Anderson, who
is with the Labor Party. We couldn't get Mark Mitchel
up on the line, but he'll be here next Wednesday
with Mike Genny, thank you for your time. Jenny Anderson
from Labor Just gone twenty after eight News Talks.

Speaker 2 (01:11:23):
Heb Ryan Bridge on the Mike Hosking Breakfast with Bailey's
Real Estate News Talk ZBB.

Speaker 4 (01:11:30):
It is twenty three after eight News Talks ZB A
quick update for you on some numbers that came out,
so this is to do were talking earlier in the program,
actually in our business segment about the electronic car transaction
data and it was it was good news because it
was better than expected for December, and some more sort
of okay news if you're in the hospitality sector that

(01:11:52):
was up one percent which is good because they definitely
need it, and we last all levels like that around
twenty twenty three. Spending generally has now been going up
for five months in a row, five consecutive months, which
is good, and this is expected to continue until twenty
twenty five. But and this is where the news is
just kind of okay if you are a shop owner,

(01:12:13):
if you're a retailer. The pundits the experts are saying,
don't expect a sudden, big jump in cards spending. Interest
rates aren't hitting the floor. They are just returning to
historic averages basically, So don't expect anything crazy to come
at you this year. You know, July comes around and
everyone gets their credit cards out, it'll be more slow

(01:12:35):
and gradual than that. As indeed, the rate changes are
and we're expecting one of those on Debury the nineteenth,
just gone, twenty four minutes after eight. Milania Trump has
launched her own you might have seen this yesterday, launched
her own cryptocurrency. Well, it's called a meme. It's called
there's a dollar sign and then the word millennia. It's

(01:12:57):
called a Milania meme, a crypto meme currency. Does anyone
know exactly what actually what this is, because if I'm
being completely honest with you, I have no idea. I
read an article this morning from the Wall Street Journal
which explained that the real crypto people are upset. They
thought that when Trump came in the you know, the
price was going to skyrocket, as indeed it has, it's

(01:13:18):
through the roof, and that the cryptocurrency world was going
to be taken seriously. And apparently what Milani has done
is undermined the real crypto guys with this crypto meme thing.
Are they not the same thing? I honestly don't understand
the difference. If anyone can explain that to me. Nine

(01:13:38):
two nine two is numbered to text, so.

Speaker 12 (01:13:41):
You can just say that you've got a yes, a currency,
and then you've got it.

Speaker 4 (01:13:45):
I think I'm pretty sure that's that's what we're doing here. Yeah,
And there was some estimate that these were worth billions
of dollars that Milania, how can a meme be worth
one point seven billion dollars and how can that valuation
be given overnight? It's beyond me. It's beyond me. I mean,

(01:14:05):
I have a small brain at the best at times,
but this is really really pushing testing me nine two
nine two. If you can help break this down in
a really simple way. It's just gone twenty six minutes
after eight still to come, well plenty more. We've got
some trending news for you. We've got a whole bunch
more to come after eight point thirty, when we'll hear
the news Steve Price is coming from Australia as well.

(01:14:29):
Really bad attacks antismitic attacks in Sydney have been continuing
and plaguing Elbow over there as well. We'll talk to
him about those things next.

Speaker 2 (01:14:44):
Weesday till the day the day, the only report you

(01:15:10):
need to start your day.

Speaker 1 (01:15:12):
Bryan Bridge on the my casking breakfast with the.

Speaker 2 (01:15:16):
Range Rover Villa designed to intrigue and use togs Head.

Speaker 4 (01:15:19):
Be twenty three minutes away from nine o'clock. We're getting
to Steve Price out of Australia in just a few seconds.
But I want to just clear up this whole cryptocurrency thing,
because before the break I mentioned that Milania Trump has
launched her own cryptocurrency, Trump Donald has launched one as well,
and it's a dollar sign and then their names. Now,
what is the difference between a cryptocurrency and a meme? Coin. Apparently,

(01:15:43):
I'm being informed that a cryptocurrency is exactly that. It's
the currency. It's a means of exchange that you can
use like money. Meme coins are sort of like stocks.
You can buy or sell them, You trade them in
the hope that they increase in value, but you can't
use them to purchase anything. They just sit there and
hopefully accrue in value. And I mean, it sounds to

(01:16:08):
me highly bubbly, doesn't it. I mean, how do you
so Millennia comes out with a meme coin and she says,
this is my meme coin. Who says that's official? What's
to stop I don't know, someone else, Theresa from down
the road having her own meme coin called Millania's meme coin,
and then that doesn't that undercut the value of hers?
Apparently there's some overarching body that decrees, yes, she is

(01:16:31):
the official dollar sign Millennia meme coin owner. I mean,
it sounds ridiculous to me. I don't know about you. Apparently,
Millennia dollar sign Millenia currently trading at four dollars eighteen
Glenn's on the money.

Speaker 12 (01:16:46):
On the on the app down twenty percent on the day,
though that's not great somebody's lost our big time there.

Speaker 4 (01:16:54):
But it was worth this was the day before yesterday
was worth one point seven billion dollars now worth one
point twenty six billion. I mean that is insane, isn't
it to me? That is an insane thing to happen
in the world in general. Anyway, if you're into mean coins,
someone has text and Rhino made trebled my money on
Milania's meme coin in about thirty minutes. The only people

(01:17:17):
hating are those that were too slow to jump on. Well, mate,
maybe I'm the loser, clearly I am. It has just
gone twenty one away.

Speaker 17 (01:17:25):
From nine International Correspondence with ends and eye insurance, peace
of mind for New Zealand business.

Speaker 4 (01:17:32):
It's some terrible anti Semitic attacks in Australia and the
National Cabinet has met Steve Price as our correspondent there, Steve,
Good morning yet a Ryan, Yeah, what's going to happen here?

Speaker 7 (01:17:44):
Well, the National Cabinet was a disappointment yesday, I must say,
I mean the Jewish leaders around Australia and you refer,
of course to that dreadful attack on the child minding
center in the Eastern so Sydney forty eight hours ago,
so that forced Anthony is his hand. He's been resisting
having a National cabinet about this bit of Dutton. It's
been calling for one for twelve months, so that shows

(01:18:06):
you how slow the government has been. The numbers are dreadful.
Thirteen major anti Semitic attacks in New South Wales in
sixteen days now. That includes fire bombings, attempt at arson synagogues,
targeted restaurants, homes, cars, you've seem to burn out vehicles.
So everyone expected something more to come out of this

(01:18:28):
National Cabinet meeting. Well basically what they've said is, ah,
well we're going to set up a database so we
can tell you where these things happened and when they happened.
I mean, that's not helping anyone. Jewish groups had already
pushed the PM during this Cabinet meeting for tougher sentencing,
which would make sense for anti Semitic attackers, stronger hate

(01:18:48):
speech reforms which he has resisted, no mask laws at protests,
which I support. I can't understand why people are allowed
to cover their whole faces in march through the streets
of Australia, and mandatory anti semity as an education. None
of that has happened. And the other development Ryan which
I think you'd be interested in. The AFP Commissioner Kershaw,

(01:19:08):
he came out and said, look, we've got intel that
says foreign activists might be funding this by paying local
criminals and you're just talking about crypto in crypto currency
to carry out these terror attacks. Well, James Pattison, the
opposition spokesman on all this, said, well, that's fine for
you to tell us that we need more detail. Who

(01:19:29):
you talking about it. You're talking about Hamas, you're talking
about Hezbala. Who's paying these crims to go around and
set fire synagogues and burn down schools. I mean, it
is a really delicate and very frightening situation.

Speaker 4 (01:19:44):
Why is it happening in Australia. I mean we've had
some minor incidents here in New Zealand. Why is it happening?
And to that extent in Australia, do you think I.

Speaker 7 (01:19:54):
Suspect a larger Jewish population Melbourne, Sydney. You've got very
very large diasper of Jews. More Holocaust survivors came to
Australia anywhere else. That's one reason the weakness at the
beginning post October seven. You might remember there was a
protest on the steps of the Opera House on the
eighth and there was conflicting evidence about whether the crowd

(01:20:17):
were screaming gas the Jews, aware are the Jews and
nothing was done. Now, once that was allowed to occur,
it just got out of control and we're still having
pro Palestine marches through the streets of Melbourne every weekend.
So I think a lack of strong reaction in the
beginning has led to where we're at.

Speaker 4 (01:20:38):
Let's talk Trump and the impact that might have on
your climate change police. While Albanese's climate change policies has
obviously got Kevin Rudd on the case to an extent,
what do you think is going to be the play there?

Speaker 7 (01:20:50):
It's going to be huge, I think because we've got
an election coming up. I mean it could be anytime
in the next three months and climate was always at
the center of an Australian election camp Haynes.

Speaker 1 (01:21:01):
Already the.

Speaker 7 (01:21:03):
More conservative members of the Coalition are urging Peter Dutton
to follow Donald Trump and dump our signing of the
Paris Agreement. Now, if that were to happen, I think
that really puts a bomb under the election because Peter
Dutton's already talking nuclear Anthony Albertezi says no, no, we're
going net zero. Net zero will be the other debate,

(01:21:25):
and there's now discussion that the Albanezi government might need
to deal directly with Democrat states in the US around
climate policy because obviously Donald Trump's going down one road,
Anthony Albanesi and Climate Minister of Crispo and are going
down the other road, and so the two things just
don't match. I suspect and I could be proven wrong,

(01:21:47):
and Hosking will tell me in a couple of weeks
if I am. But I think Peter Dutton probably will
go to the election saying that the Liberal Party, if elected,
its government will rip up Paris.

Speaker 4 (01:22:00):
Well, if the biggest country in the world has done
it and no one's really no run third linked deny.
I suppose he's done it before, so you're used to it.
But it's interesting hearing you talk about zero and then
this story about the public service, because it's honestly it's
like rinse and repeat with our labor party here, who's
just been turfed out last year or the year before.
Explosion in the number of public service numbers in the

(01:22:22):
last two years for you guys.

Speaker 7 (01:22:24):
Now, I followed the debate in New Zealand and I
was there a couple of weeks ago, and the mirror
is exactly what's happened to here. So Labour's been in
office for two and a bit years and the numbers
are staggering. Under Labor, the public service numbers have grown
by twenty percent in those two years. Hold your hat
that Canberra has employed an extra thirty six thousand public servants.

(01:22:48):
Reserve Bank data shows that eighty seven percent of jobs
growth in Australia since March twenty twenty three has been
in the non market sector, which means public servants, education,
healthcare and public administration. Now those figures are just damning.
I mean, we've got inflation through the roof. What drives

(01:23:09):
inflation with inflation is driven obviously by increased employment, which
means that there's more money washing around in the system
and it's being stoked by a government that decides it
leads to another thirty six thousand public servants. And remember,
unlike New Zealand, people in Canberra don't actually do anything.
They don't run a school, they don't run a hospital.

(01:23:31):
I mean they're just pen pushes. So thirty six thousand
is just an extraordinary number.

Speaker 4 (01:23:36):
Certainly is Steve. Thank you very much for That's Steve Price,
our Australia correspondent. It has just gone quarter to nine
on news Talks hereb lots of text company instill about
the cryptocurrency thing, right. This is from Simon Ryan. You
could set up your own meme coin and your lunch break.
It's that easy to do. The only trick is finding
someone stupid enough to believe it's worth anything. He says,

(01:23:58):
they're digital tulips, those people who are online. But I
mean to be fair, if you've done this as one
of our previous text has had, and you've made lots
of money and you've got out at the right time,
then all power to you, I suppose. And is it
that different to art? You know who who's to say
that particular painting is worth anything? It's just other people,

(01:24:20):
isn't it. So I suppose it's exactly the same with
mean coins anyway, I digress fourteen away from nine News
Talks AB the High.

Speaker 2 (01:24:28):
Asking Breakfast Full Show podcast on iHeartRadio powered by News TALKSB.

Speaker 4 (01:24:33):
Eleven to nine. We were talking earlier to Fonterra's chair
about the wonderful time they're having. I mean, they've had
a terrible time up until now, so they deserve a
bit of a wonderful time. Wonderful time they've been having.
If you are a dairy farmer at the moment production
is up, prices are up, and the dollar is down,
they reckon. This was an estimate that came out last night,

(01:24:55):
four billion dollars extra and gross income for dairy farmers
for the twenty four to twenty five seas, which would
be fantastic. And that is you know, that's not just
a boost to dairy farmers, it's not forget that is
a boost to our economy. That dollar gets recycled, It
goes round rural New Zealand, it comes to the city,
it goes everywhere. December production was up one point four

(01:25:15):
percent year on year. That is above the five year
rolling average, which is great. They had a good dairy
trade auction this morning that was up one point four
percent as well, actually, and five percent for whole milk powder,
which makes up the majority of what we export in
terms of dairy we're not majority, but it's a good chunk.
The biggest chunk so this is a good thing. Now.

(01:25:36):
The problem this morning to do with dairy is that
when I arrived into the office, there was no milk.
Did you notice that, Glenn? When I got into the
office to make my coffee. And if you're making a
coffee here, it has to be usually has to be
an instant one, because that's all that's available. And if
you have an instant coffee and there's no milk available,
what you are drinking is poison. And it tastes like

(01:25:58):
poison too, so it requires about.

Speaker 12 (01:26:00):
It's right, it's bitter. I find that when I drink
my poison, I don't want it to taste like poison.
I don't want to be reminded of how poisonous it is.

Speaker 4 (01:26:07):
Give me some milk, Give me some sugar, sweeten it up.

Speaker 12 (01:26:10):
Oh you go sugar as well, so you add some
extra poison to your poison.

Speaker 17 (01:26:13):
No.

Speaker 4 (01:26:13):
If what I'm saying is if there's no milk, it
needs sugar, you know what I mean? That's my ruling.

Speaker 12 (01:26:19):
Were were you were you at the kitchen?

Speaker 4 (01:26:21):
It out the back here? No, I was at the
kitchen over here. They're in the main office. Is it
not a coffee? A proper coffee machine there anymore, there is,
but it's always broken when I come in because I'm
usually one of the first and glean obviously, it's usually
always broken. All cleaning itself. You've got to be quite
careful if you put the cup underneath the coffee machine
and it's cleaning itself.

Speaker 12 (01:26:41):
Here a whole bunch of I don't even want to
think about what that is that comes out of it
at that point.

Speaker 4 (01:26:45):
It's actual poison. Yeah, it's actual poison, is what it is.

Speaker 12 (01:26:49):
Anyway, I see I'd made my instant poison with the kitchen.
It from the kitchen, It out of the back. Here
is there a hang on a minute, Yeah, is there
milk there? Well, there is, But when I opened the
little fridge door, it felt like it hadn't been properly closed.

Speaker 4 (01:27:05):
Oh soart's off.

Speaker 12 (01:27:06):
And then I'm wondering, this is the milk poison as well.

Speaker 4 (01:27:10):
Someone says, bring your own own milk, you lazy boy.
What So I'm going to cut my own milk because
it has to be fresh every day. If you put
it in that fridge and put your name on it,
no one SUPs. We could get a cow.

Speaker 12 (01:27:21):
And if we really.

Speaker 4 (01:27:23):
Honestly at this point, nine away from nine News Talks, he'd.

Speaker 2 (01:27:29):
Been Bryan Fridge on the Mic Hosking Breakfast with a
Vita Retirement Communities news togs had bees.

Speaker 4 (01:27:36):
Six to nine asb's Nick Toughlely was on the show
just after seven this morning. He told us he thinks
two point one percent for the inflation data coming out
at ten forty five this morning. Most economists are actually
hovering around the same number. The Reserve Bank hovering around
the same number two, So you can expect it around
two point one percent. The target ranged number one to three.
So at what point do we stop actually caring too

(01:27:58):
much about the inflation rate? Well, he says, once non
tradables come down, still expecting a half a percent cut
to the OCR. February nineteen is their next meeting, after
the world's longest hiatus for a central bank. Very quickly
on coffee, because I do find this chat really interesting.
Years ago, says Nick. In the eighties, I worked a

(01:28:18):
night shift and if I had coffee, it was black.
The day crew would always pinch all the milk for
the corn flakes from the canteen, so it's left me
drinking black coffee since the eighties. I'm now just used
to it, So there you go. I guess it is.
You can sort of wing yourself into it. One third
of dairy exports says this text goes on paying the

(01:28:38):
interest on our debt, and boy, isn't that adding up
stockpiling five away from name trending.

Speaker 1 (01:28:46):
Now we have chemist warehouse. Stop paying too much.

Speaker 4 (01:28:50):
The world has been fascinated in the last twelve hours
about the release of the January sixth prisoners. If you
missed it, Trump hardoned fifteen hundred people charged on January
and commuted the sentences of fourteen others. This includes hundreds
of people who assaulted police officers, some of them violently,
and other White House staff. Now that people are being released,

(01:29:12):
that've hit some interesting things to say this sky Willie
is still sticking to his guns.

Speaker 24 (01:29:18):
I'm blessed and it's a surreal It's a man is
only as good as his word, And if you can't
see from my being released, his.

Speaker 4 (01:29:25):
Word is his word.

Speaker 2 (01:29:27):
And I can't be mad at a felon for keeping
his word.

Speaker 24 (01:29:30):
I was arrested right after court because my judge said
I was a danger to my society because I was
labeled as a domestic terrorist. I'm truly willing to sit
in jail and let it go to the appeals court
because you can't quit.

Speaker 1 (01:29:42):
You can't charge people with a crime if.

Speaker 24 (01:29:45):
They haven't committed the crime yet. I know the judges
were nefarious and the things that they did, that they
sat in the courtroom and said they don't care if
appellate court or appeals court will overturn it. He's still
judging and during and choosing to do this nefarious actions
against our constant is wrong. When tyranny becomes law, rebellion
becomes duty.

Speaker 4 (01:30:05):
Here it is everyone. See you tomorrow.

Speaker 2 (01:30:12):
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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