Full Show Podcast: 28 August 2024

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
You're Trusted Home the News for Entertainment, Opinion and Mike
The Mike Hosking Breakfast with Bailey's Real Estate, your local
experts across Residential, commercial and rural news, togs.

Speaker 2 (00:12):
DB, Bolly You and Welcome Today. The oil and gas
reputation scrappers. Labor says they will reimpose the licensed ban
are the Beme scooter scandal as licenses are canceled. Good
news on housing, good news on aviation, good news on oasis,
Mark and Jindy do politics Wednesday after Right, Richard Arnold,
Steve Price, they batter up from offshore as well. Posky
the middle of the week. Here we go seven past six.

(00:32):
What a weird old world. I'm watching mass protests in
Australia yesterday from unionist right. The CFMU has been put
into administration by the Australian government. There's a very big
controversial step for a couple of reasons. One governments don't
normally take over businesses. Unions are otherwise. And two labourers
and lockstep of course with the union movement and their
mates and bedfellows. A lot of people as a result

(00:52):
of lost their job. So if they go yesterday, tools
down and the major cities, all the major cities protesting
about what's happened now the reason it's happened, if you
haven't followed the story, is the Union or a bunch
of crooks. Basically there have been extensive and gobsmacking reporting
by the Sydney Morning Herald and Channel nine and just
what this union's been up to over the years in
terms of stand ab a tactics and bravery. In essence,

(01:13):
you don't get anything done unless you pay them, hire
them and do as you're told. This, when uncovered with
such graphic and incontrovertible proof, got exceedingly embarrassing for the government.
Given it's not like everyone didn't know this was going
on anyway, It's just they didn't want to do anything
about it until of course they had to. Because they didn't.
They were all going down together. But ask yourself this,
how is it that you work for crooks? How is

(01:34):
it you know you belong to a group that's involved
in skull daggerish behavior and you're happy to pay your
subs to them each and every year, and then when
tipped into administration because of the jig's up, you then
go and down tools and launch protest to protest what
your love of dodgy behavior. It seems Australia knows it's dodgy,
accepts it's dodgy, wants to belong to dodgy groups, and

(01:56):
get upset when the dodginess is exposed. How mad is that?
How do you explain that what's gone so spectacularly wrong
for that to be seen as normal? But there it
was on the main streets of every Australian city yesterday,
the defense of crooked business practice. Go figure who news
of the world in ninety seconds. Now we started swiling

(02:18):
with Sakia in the garden.

Speaker 3 (02:20):
A garden and a building there were once used for
lockdown parties. Remember the pictures just over there of the
wine and the food. Well, this garden and this building
and now bucking your service.

Speaker 2 (02:38):
He was actually the hyperbowl aside to do as while
he was telling the boaters the economy shot and come
the budget in October, Texas are going up to which
Rishie said tod.

Speaker 4 (02:49):
Keir Starmer's speech today was the clearest indication of what
labor has been planning to do all along, raise your taxes.

Speaker 2 (03:00):
Also in Britain, calls for an inquiry into the Dagenham
Town fire we told you about yesterday. One couple's plans
have been ruined.

Speaker 5 (03:06):
Long drama to find us that one special one wedding dress,
which she finally did. They finally remake it how it's
supposed to be. She was so happy, everything was ready
to go to the war. But now we are in
dead end. We got no money, nowhere to sleep.

Speaker 2 (03:21):
To the war. These riellyes have got back another hostage.

Speaker 6 (03:26):
I congratulate the Idea on another successful liberation operation. We
worked tirelessly to return all of our adductees. We will
continue to act like this until we get everyone home.

Speaker 2 (03:36):
Families of hostages, you know.

Speaker 7 (03:38):
People regarding it like it's a miracle.

Speaker 4 (03:40):
And we're so thankful that after over three hundred and
twenty days in captivity, he managed to come out, and
we're so happy for his eleven kids.

Speaker 2 (03:49):
Into the States with a Hero's camper, running heads about
border control. The show shops were sitting.

Speaker 7 (03:55):
I think there's wide recognition in this country, and we've
had some success. I think that a number of illegal
and Grant's coming in recently has glid sat down since Satually.
That is a major issue and we've got to continue
to do.

Speaker 2 (04:05):
That could be because of the wall. Bernie. Finally, Tiger
Woods justin Timberlake and granted a drinks license at their
sports bar in Scotland. They're turning the new Picture House
in Saint Andrews into a unique bar and restaurant. Aren't
they all unique? They already own an operator bar called
t Squared Social in New York.

Speaker 8 (04:22):
Worker.

Speaker 2 (04:22):
We'll start on the new barber the in media, here's
the world in ninety six. And by the way, I
speaking of the politics in America, Trump has tapped them.
Robert F. Kennedy has a job. He also taped Tossi
Gabbett overnight as part of their presidential transitional team. They'll
be in charge of staffing policy decisions. He needs to win,
of course, but at least I've got work. It is
eleven past six.

Speaker 1 (04:43):
The Mic Asking Breakfast Full Show podcast on iHeartRadio Coward
by News Talk Zippy.

Speaker 2 (04:50):
Mike Ceptka runs the unions in Australia like Jimmy Hoffey.
Yes he does, but it doesn't explain why people would
go and protest and somehow celebrate that a brazen mixture
or come back to starma. Because the contrast between him
and New Zealand is stark A brazen mixture is one headline,
a brazen mixture of flannel, flummery and falsehood. Star has
got no blueprint for Britain. The good news they got

(05:11):
overnight economically is prices in that particular part of the
world for August to down zero point three percent lowest
rates into October of twenty one. This is from the
British retail consortium, driven by clothing and manufacturing. They're plummeting
food prices though continue to rise more shortly fifteen past six,
go my Welt Andrew kellerher good morning, very good morning,

(05:31):
matt in to you yesterday Vulcan Steal, same sort of
business a same sort of problems.

Speaker 9 (05:36):
That's dead right, So yeah, the reporting season continues that
the some key words we're just seeing everywhere, Mike comean
you can they sort of.

Speaker 2 (05:43):
Just roll off the tongue.

Speaker 9 (05:44):
Now, cost out, challenging, uncertainty and both those terms evident,
And yeah, the two businesses will have a look at
this morning. So yeah, Vulcan Steel, we covered off steel
and tube yesterday, So how did one of their peers,
competitors track We'll both sort of shining a light on
tough it is in the construction industry. So we've got unsurprisingly,
you've got similar themes and the Vulcan result as he

(06:06):
had in the Steel and Tube result. Vulcan Steal is
dual listed. Yeah, so they're facing similar headwinds to Steal
and Tube. Their innings are down thirty three percent. That
was broadly in line with expectations. They say low levels
of activity heavily impacted the steel division volumes there were
down eleven percent on the previous period. Sort of as

(06:27):
I mentioned, Mike, we have some of this commentary is
very much on repeat here.

Speaker 2 (06:31):
So costs are a.

Speaker 9 (06:32):
Focus for Vulcan, as they are for almost every reporting company,
the eponymous cost out line of response in almost every
company announcement. The environment was described by management as being
the harshest in years. You just have to reflect on
how many CEOs are sort of giving us these sorts
of comments. Might so we're not sort of seeing this

(06:52):
stress in the labor market yet, but we're certainly seeing
evidence of this sort of economic macro stress in the
company announcements they make. Vulcan make the comment that competitors
are reducing prices, which is about their competitors clearing inventory,
so turning inventory into cash, and the Vulcan CEO referred

(07:13):
to serious levels of desperation in the industry. These these
are you know, these are quite sort of telling words here.
Look they are transitasment operator. They seem to indicate that
they have more confidence in New Zealand coming out of
the sort of current funk ahead of Australia. That's because
Australia could be a sort of a state by state exercise.

(07:33):
So New Zealand to pick up in twenty twenty five.
And response to the announcement, the share price yesterday did
fall one percent, but I would say Mike, in the
last month the share price for Vulcan Stealers lifted from
sort of seven dollars to eight dollars. There is evidence
there of this improved sentiment in the SECT have given
a sort of more favorable interest rate outlook.

Speaker 2 (07:52):
So they had a little light on the horizon here.
Good tell me about tourism because there are a couple
of analysts is reading they were sort of sort of
we were bracing for something. Didn't turn out to be
as bad as I thought.

Speaker 9 (08:03):
No, so some interesting comments. So this is tourism Holdings,
And yeah, the positive here is that the result was
in line with the most recent guidelines, which is good.

Speaker 2 (08:10):
So fifty one point eight million underlying net profit after tax.

Speaker 9 (08:14):
Look Tourism Holdings like they put out there a goal
of achieving one hundred million dollars in net profit by
twenty twenty six. They now acknowledge that the prevailing economic
conditions make that target unrealistic, but they're still holding out
for it. So they're still going holding out for as
a goal as conditions improved, despite current uncertainty. There's the
buzzword again.

Speaker 2 (08:33):
They still believe that.

Speaker 9 (08:34):
The FY twenty five, the financial year twenty five result
will be better than this year. Now, Tourism Holding doesn't
just operate in New Zealand, operates in Australia, USA, Canada, UK.
Earnings contribution from New Zealand. Australia are the major sources
of profit. But get this record earning results from New
Zealand rental and sales and New Zealand tourism. So that's

(08:56):
sort of counterintuitive, isn't it. But disappointing outcomes from US,
Canada UK. Just a couple of interesting comments I want
to highlight in their outlook statement, Mike, They said booking
intakes in recent weeks indicate that the tourism recovery is slowing.
It could take longer than expected to return to pre
COVID levels. They say that sort of aligns with broader

(09:18):
industry feedback and sentiment.

Speaker 2 (09:19):
Mike, you and I talk about the.

Speaker 9 (09:21):
Monthly migration monthly tourism numbers from Stats New Zealand. Those
numbers seem to support that observation as well, certainly in
terms of New Zealand. Anyway, Now, share price, it's been
a tough year for tourism holding shareholders. The share price
down almost fifty percent so far this year. Has lifted
off its lows recently, but yesterday the share price did
four five percent. After yesterday's announcement, Survive till twenty five

(09:44):
just keeps sort of bouncing around, doesn't it.

Speaker 2 (09:46):
Give me some numbers?

Speaker 9 (09:48):
So bit of economic data outs in the US, so
consumer confidence lifted, So that sort of leans against the
recession narrative that this market here is just hanging in there,
just waiting for the Nvidia announcement, which will be after.

Speaker 2 (10:01):
The close Tomorrowity is going to save the world, that's right.

Speaker 9 (10:04):
All bets are off until the video comes out, but
the Dow Jones is down one point at the stage
forty one thousand, two hundred and thirty eight s and
p five hundred five six twenty nine. It's up thirteen
points as we sport speak about quarter percent now's that
also of about a quarter percent seventeen thousand, seven hundred.

Speaker 2 (10:20):
And seventy overnight.

Speaker 9 (10:21):
The forty one hundred gain point two eight three four five,
the nikke a gain just under half a percent thirty
eight thousand, two hundred and eighty eight. There Shangha compet
it down seven to eight four eight. Across the Tasman yesterday,
the OSSI's lost thirteen points eight oh seven to one,
so small for there and the end of Nex fifty
didn't have a great day, lost one point one percent
one hundred and thirty nine points twelve thousand, four hundred

(10:43):
and fifty one. Currencies, Kiwi dollar is still supported by
weak US points six two four nine against the US
point nine two oh one, Ossi point five to five
eight seven, Euro point four to seven one five pounds
bang on the ninety mark against the Japanese end goal,
still holding it over to two thousand five hundred and
twenty five two one is the mark there and Breakthrough

(11:03):
just pulled back a little bit seventy nine dollars and
sixty seven cents.

Speaker 2 (11:07):
Good day, much, said Tomorrow Andrew kellahead Jomowealth dot co
dot n Z, tasking blenty on mining and oil for
you this morning on the program. But an example BHP,
who are the biggest mining company in Australia. They had
a two percent lifted underlying profit. They went on about China.
Everyone goes on about China and the uncertainty of China,
but for now they banked a profit of twenty billion
dollars from a record output. You can't argue with that.

(11:30):
Six twenty one Good News Talk, said.

Speaker 1 (11:34):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks.

Speaker 2 (11:39):
It be morning, Mike for all the positives. There's an
underlying darkness around the corruption in Australia definitely different to
New Zealand. Whatever the reason, it maybe harks back to
different times. Thank you, Grant. It's nicely put. I heard
last night Mike. Supergroup Oasis are getting back together. Correct
me if this grumpy old man is wrong, But they
are far from a supergroup. I can think of maybe
three or four songs played on the radio. The music's
dreary and winding, much like the Gelegant Brothers. Well, it's

(12:01):
all open to interpretation, isn't it. Will they sell out yes?
Is it a multimillion dollar package, Yes, if it goes well.
Will it go global? Yes? Will they hold together? Who
would know? You like him? You don't like them? Williams Overnight?
It's colopintot who's got the drive for Williams, Not Liam,
not Schumacher. Colopinto, by the way, is going to be
the first Argentinian in twenty three years to be an
F one. They've Saxergean Overnight, so Colopino gets the drive

(12:23):
for the remaining nine races of the season. He's an
F two. It's an interesting call. He's part of the
driver academy, which then goes and backs up the theory.
Why have a driver academy if you don't go and
give people the opportunity when the opportunity comes along? Fair enough?
Is he good enough? Does he have any experience in
F one?

Speaker 4 (12:40):
Not?

Speaker 2 (12:40):
Really? Is he as experienced as Lawsome or Schumacher?

Speaker 10 (12:44):
No?

Speaker 2 (12:45):
Are they taking a risk in this? Yes? But that's
the news that broke over night six twenty.

Speaker 1 (12:50):
Five trending now with one Square House, you're one star
for Father's Day, Fragrances.

Speaker 2 (13:00):
Understand. I think this is huge news in Britain because
of you know, the whole Britain Wales Island. It'll bruh
out to you. I don't know how big they are
in America Aubus, but anyway, twenty seven of them August
seven pm last night, out of time. That was the teas,
that was when it was going to happen. So the
reunion's on toos on Europe next year. Presumably they didn't

(13:23):
kill each other and will go global. So fourteen shows
currently tarded Manchester, London, Edinburgh and Dublin. And then they
were like sleapathic, know what I mean? I know my
brother back than anybody else.

Speaker 1 (13:35):
When both come together, well greatness.

Speaker 9 (13:41):
We made people feel something that was indefinable.

Speaker 11 (13:47):
This is it.

Speaker 4 (13:47):
This is up.

Speaker 9 (13:50):
People will never ever forget the way that you made
them feel.

Speaker 2 (13:54):
This is a touch of Robbie Williams about them, isn't
there in that sense? When Oasis get back together, even
Starmer gotten you spent.

Speaker 1 (14:00):
A lot of times a day looking back in anger?

Speaker 12 (14:02):
But are you happy that Oasis has decided to reform
on your watch?

Speaker 3 (14:06):
And what can I say in relation to that? It's
very very good, it's a great song. I'm not sure
I'm the best player to champion it after the last
twenty or thirty minutes. But look, let's see what happens
with Oasis.

Speaker 2 (14:20):
It's fairly noncommittal, isn't it. Jeez? What was the point
of that? Mind you? Why ask a prime minister about
everything he'd heard of Oasis? Well, Lucie, he didn't say
who Jonathan Dean, who's the works with the Times. He's
the one who broak the original story in terms of
they are getting back together. It is on He's with
us before eight o'clock this morning. Not enough coverage on
this this unless I've read the whole thing completely wrong?

(14:43):
Does the scooter things take a dramatic twist in this country?
Over night? The reportage started in Australia. Beam it looks
like have jurymanded the whole system, ripped people off, done
a whole bunch of stuff against their license and so
Auckland has moved Wellington might Australia is still to come
more shortly.

Speaker 1 (15:05):
The newsmakers and the personalities the big names talk to
like my casting, Breakfast with a Veta, Retirement Communities, Life
your Way, News to send.

Speaker 2 (15:16):
B the Tailor two government. So the government here find
a massive fiscal hold, so what do they do? They
start implementing some savings and give us some tax cuts.
The new government in Britain, the Labor government, find a
massi fiscal hole. What do they do while they put
the taxes up? So that was the big speech over night.
It's going to be painful. The budget's coming in October.
It's going to be painful. They think their whole is
forty billion dollars, so what are they going to do?

(15:36):
So the talk is what they call a stealth tax.
That's the movement of tax threshold. There's the capital gains tax,
which they already have depending on what you sell and
what you've got depends on how much your tax, but
it can be as high as twenty four percent on
residential property. A possibility of reducing the pension tax. In
other words, if you contribute to a pension, you get
tax cuts or tax relief. They look at maybe knocking

(15:57):
that back, and then of course there's possibility of the
inheritance tax that will be up to Currently they pay
a rate of forty percent, so huge taxes and he's
just going to tax you more. The politics of it,
as he said he wouldn't be a government of taxes,
and the first thing he does is becomes a government
of taxes. Twenty two minutes away from seven in mascot,
Apple's got some news for us in the wonderful world

(16:17):
of iPhones and AI and chat, GPT and all that stuff.
Richard Donold on top of that. Meantime, back here another
chapter on the East scooter battle. Beam has been booted
out of Auckland. Wellington are investigating. This is after Australian
media reports that she does the company snuck more scooters
in to various cities than their license allowed. Auckland Council's
Manager of Licensing and Environmental Health, Bourburn Chetty is with

(16:38):
us on this Merburne morning to you.

Speaker 13 (16:39):
Good morning, Mike.

Speaker 2 (16:40):
If it hadn't been for the Australian media, would you
ever have known?

Speaker 13 (16:44):
Yes, Mike, we got there was a blower complaint early
in August, Mike, and we did. We started some investigations
immediately and the a blow complaint included copies of Beam's
internal comms, demonstrated the clear intent to provide misleading information
to counsel.

Speaker 2 (17:05):
So they're CrOx.

Speaker 8 (17:08):
Well it was.

Speaker 13 (17:09):
The information provided was misleading and inaccurate.

Speaker 2 (17:13):
Mic right, So that's against the relationship you have with them.
They're supposed to give you open, honest, detailed data that
isn't made up.

Speaker 13 (17:22):
Yes, I mean, we've got a license. We should be
with a license and our other operatices as well, with
range of conditions, and one of those conditions is adhering
to the east gutter caps in Auckland. There's different areas
of the city in order to protect public safety and
reduce nuisance, and all our perators are supposed to comply

(17:43):
with those caps. And they've deliberately exceeded those caps and
did not provide that information to counsel.

Speaker 2 (17:52):
They've said sorry. Have they said sorry because they mean
it or because they've been caught? Oh?

Speaker 13 (17:58):
I think that's for Beamed spawn Mike. They've apologized, but
from the seriesness of the issues we found, there's no
way that we can continue with the relationship. Would be
and we are we will be referring the meta to
the police for investigation as well, do you.

Speaker 2 (18:15):
Know if Wellington are going to find the same thing,
or anywhere in Australia is going to find the same thing,
or that's out of your wheelhouse, it's out.

Speaker 13 (18:21):
Of our wheel ask We have been in contact with
some of these councils, might be at different stages of
the investigation, so I know of the decision making process.

Speaker 2 (18:30):
Next, which is Auckland as a city in the East
Scooter department of somebody else going to step in and
fill the gap or yeah, yeah.

Speaker 13 (18:37):
I mean definitely the users of EA scooters in Auckland
will be disappointed by the news. We're currently exploring options,
Mike to fill the gap. We are reviewing new license applications.
We will try to give that process completed as soon
as possible so that we have the full complement of
East scooters back in Auckland.

Speaker 2 (18:54):
Pres what's the vibe on the scooters in general, because
there's really a fascinating article the other day about all
the place around the world that have done all sorts
of different things around rules and regulations. In totality, are
they worth the hassle?

Speaker 13 (19:07):
Ah, that's a really interesting question. In terms of Auckland.
The trips per day and the usage is pretty I
it's significantly. It's significant, especially in the mornings and evenings,
the last mile and first mile. So it has proved
contributing to the Auckland transport network in terms of the
scale and extent. That's something that probably something bigger assessment

(19:31):
needs to be done.

Speaker 2 (19:31):
Mike, right, I read this morning and this is my
apologies for not having better. There's a three wheel operator
who can run the thing remotely in park it. Do
you know about them?

Speaker 14 (19:42):
Yes?

Speaker 13 (19:42):
I know that that's an operator that we've just issued
a license for to operate in some of the suburbs
in Auckland. But in terms of the remote remote function
that's been declared not compliant by NZTA.

Speaker 2 (19:58):
Right, So that would you be happy with them if
it wasn't for the nzi TA, because that remote things
seem to work. In other words, you get them off
the footpath, stop blocking places and they can actually park
them up. That seems a good thing to me.

Speaker 4 (20:09):
Yeah.

Speaker 13 (20:10):
Yeah, in theory it seems good. But wherever the pedestrians
and the vire is it may be, it may be
you know, a problematic.

Speaker 2 (20:19):
It might be running and they're trying to pack.

Speaker 13 (20:21):
It's still it's something that's really you know, recently been introduced.
So we were still going to have a look at it,
and part of it is, you know, getting out there
in the suburbs to have a look. But in THETA
I declared that that function is not compliant, so we've
had to ask our provide her to turn that function off.

Speaker 2 (20:40):
Okay, Meurbin, appreciate your insight very much, Murburn Chitty, I
enjoyed that way more than ours, anticipating as I as
I started that interview on bloody excuse anyway, how about
be May out of Singapore straight to the police. Eighteen
minutes away from seven quickly? Which special council has gone
back to court? This is Trump, this is Florida. This
is all the paperwork in the toilet. So the judge

(21:03):
didn't dismiss it. They sort of put it on whold,
come on it forever and that sort of sold Trump's problem.
But the US Department of Justice Special Council, that's old Jacksmith.
He's gone back again. Hold on, we'll need to we'll
need to have another look at that. So that's where
that is currently in Florida Court seventeen too.

Speaker 1 (21:19):
The Mike Hosking Breakfast Full Show podcast on iHeartRadio powered
by News Talks.

Speaker 2 (21:25):
It be Mike Melbourne bandal Ev Scooters a couple of
weeks ago when I was in Australian New Zealand needs
to do the same. Morning might be Oasis to as
a money grab, with each brother potentially making fifty million
quid odds on the completion of the two a day
to Slim. The recent Blue Reunion ended badly, as did
the Stone Roses Tour, which ended shortly after it began.
Chimes Rings Sunday Morn one of the great songs of

(21:46):
all time fourteen to seven.

Speaker 11 (21:47):
International correspondence with ends and eye insurance, Peace of mind
for New Zealand Business.

Speaker 2 (21:52):
Today the day She's sworn, And so it goes Richard Arnold,
how are you? I'm welcome make Apple. What have they
got for us?

Speaker 15 (22:00):
Well, we'll find out fully on September, the tenth of
your time, when Apple is going to roll out what
they are calling, quote the first generative aiphone. Well we
know that. Back in June, Apple unveiled a partnership with
Chad GPTV, creators of Open AI. So Apple says new
tools will be built into the iPhone sixteen models with
the help of the AI developers. Already we have some

(22:22):
clue as to what is expected. For one, there's going
to be a significantly smarter Siri, which is able to
engage in more detailed conversations just you and your phone
in private there where Siri will be able to locate
photos you're looking for and answer questions about your daily
schedule and layout drafts of potential emails you might want
to send. So kind of personal AI assistant. But how

(22:43):
sophisticated will it be by mid September or will the
relationship with Siri only grow over.

Speaker 13 (22:49):
Number of years.

Speaker 15 (22:50):
The new iPhone also will be able to generate new
personalized emojis. Is there a demand for that? I'm often
wrong about.

Speaker 2 (22:57):
These text things.

Speaker 15 (22:58):
But there is also a new processing chip will be
a part of this to make things faster and faster,
a chip called the A eighteen Pro. So we'll see
what this thing can do. The iPhone camera as well,
it's going to get some new AI abilities. It will
have an enhanced zoom. It will have a virtual three
hundred millimeters zoom capability, so that means you can do
with your phone what in the past has required long

(23:20):
expensive lenses. You'll be able to zoom in on the
smallest details you can barec with human eyesight. The AI
also will be able to clear up images to improve clarity.
So this means there will be enhanced photo processing built in.
So will this be a game changer? Apple's iPhone sales
have been slumping, say in China, due to growing competition

(23:42):
and some troubling economic conditions. As for the cost of
iPhone sixteen's family, that's going to increase as well. Currently,
the base model of the iPhone fifteen on the American
market is about half of what it is there. It's
about nine hundred and ninety nine US dollars. This new
phone is expected to see a price increase of maybe
hundred to one hundred and fifty dollars US, with availability

(24:03):
about ten days after the Apple launch.

Speaker 2 (24:06):
Okay, RFK, Miss Gabbart a couple of jobs.

Speaker 15 (24:09):
There, Yeah, call this the political party shuffle. Trump was
planning to put a couple of former Dems onto his
transition team if he needs a transition team. So he's
named RFK and Tulsey Gabbett as honorary coach chairs. Who
knows what that means? In reality, Trump, of course, typically
runs the show himself, and former assistants have had a

(24:29):
shall we say, short or troubled lifespan. Think Anthony Scaramucci,
Chris Christy, by Pence, We.

Speaker 12 (24:36):
Could go on.

Speaker 15 (24:36):
On the Democratic side, more than two hundred former Republican
staffers for Bush, Romney, and even the late Senator John
McCain have just signed on to a letter supporting Harris.
We saw several Republicans speak at the Democratic Convention in
Chicago the other day, of course, including Adam Kinsinger, the
former Republican congressman. Meantime, there's been a deal of discussion
here don't ask me why, over the Harris Trump debates

(24:58):
set for September the tenth as well. The Harris team
says they want to change the debate rules so that
Mike's will be left open, left on during the entire debate,
instead of being muted as they were the last go around. Kamala.
Harris supporters suggest they wanted to be able to fact
check Trump instantly, and they speculate that if Harris provokes
Trump enough, he might let loose in some way. Trump

(25:22):
has been publicly dithering about whether he will debate on
American ABC at all.

Speaker 2 (25:27):
He says, it's the worst of all that work. When
I looked at the hostility of.

Speaker 1 (25:31):
That, I said, why am I doing it?

Speaker 2 (25:32):
Let's do it with another network.

Speaker 10 (25:33):
I want to do it.

Speaker 12 (25:34):
So we're thinking about it.

Speaker 6 (25:36):
We're thinking about it. They also want to change the rules,
you know, they dealer as we're keeping the said Rose
dow say.

Speaker 10 (25:40):
They want to make a change in the rules because.

Speaker 15 (25:43):
She can't answer questions that debate all wait, but because
they already know everything.

Speaker 13 (25:48):
They say, Oh, Trumps, you know, I'm not doing the debate.

Speaker 10 (25:51):
That's the same things they say now.

Speaker 4 (25:52):
I mean, right now, I said, why should I do
a debate? I'm leading in the polls.

Speaker 15 (25:55):
Is he leaving in the polls anyway? Yes, those are
chickens the year in the background, and I'm with the chickens.
This seems like political leftovers. You'd think the EUSt too
nominees will be compelled to debate.

Speaker 2 (26:08):
Right, I might see in a couple of days. Appreciate it.
She is also under pressure, of course, Couse she hasn't
done a sit down interview in thirty seven days, and
some people are counting that. So tomorrow will be thirty
eight they claim they've got something sorted and it'll be
done before allegedly the end of the month, turn away
from seven.

Speaker 1 (26:23):
The Mike hosting Breakfast with a Vida, Retirement Communities, New Dogs.

Speaker 2 (26:28):
Be Jeremy Clarkson on social media overnight with a photo
with Andy Willman. Who's Andy Wilman. He's the producer of
the show, who is producer of top Gear, producer of
Grand Tour, producer of Clarkson's Farm. The Dogs pleaded with
Andy Willman to be in season five is what Clarkson
wright season five being season five with Clarkson's Farm. Threes
just dropped. Fall's been filmed so five it could go forever,

(26:50):
so people are excited about that. Overnight. Notting Hill Carnival
has just wrapped up. They had a long weekend in Britain.
I know this because our son lives on the route
to the notting Hill Carnibal and a lot of stuff
it's boarded up in that particular part of the world
because it's a family day and family days in Britain
are really cool. That's where they roll out lots of
police and they bought up the shops because things get
slightly out of control on family days. Fourth person's been

(27:12):
stabbed this year. What can I tell you about the
arrest Sixteen people held for assaulting emergency workers, for for
sexual offenses, one for a firearm good family day out.
Thousands of officers deployed seize forty one weapons. One of
the people arrested was a man wanted for attempted murder.

(27:32):
The Met Police Deputy Assistant Commissioner aide Alakin said the
carnival was supposed to be a family day but was
marred by unacceptable barness.

Speaker 6 (27:40):
It sounds like there was quite a range of activities
and it would have been fun for the entire family.

Speaker 2 (27:44):
Cool place, Britain, five minutes away from seven.

Speaker 1 (27:47):
The ins and the outs. It's the bizz with business
fiber and take your business productivity to the next level.

Speaker 2 (27:54):
The insight into how SME is a feeling about our
government this morning. Confidence is growing, that's the good news.
The general theme mains no shortage of work to do.
This is the NYOB survey. More than five hundred SMEs
smeeze government gets a median score of six out of ten.
Thirty nine percent of neither satisfied nor dissatisfied. Thirty four
percent are satisfied twenty seven percent of dissatisfied. Main positive

(28:17):
for the government is the overwhelming support for the cutting
of the red tape and regulation. They still appear unsure
to the Smeeze of how the coalition is going to
help them. Forty six percent of respondents are unclear on
the strategy to help grow business. That compares with forty
one percent who are issues facing Smeeths not change overhead cost,
fuel prices, high interest rays, falling revenue the main problems
and in terms of preferred Prime Minister Chris Luxen forty

(28:39):
five percent, Chris Hipkins twenty one, David Seymour and closed
Warbricks six. Winston Peters is on five. So that's your run.
That's your view of what's going on as far as
the s Smeeths are concerned. Right, so here's your problem
with the oil and gas. The ban is being lifted.
You can go and explore. This is good. We need
to go find some oil and we need to go
find some gas because you might not have noticed the

(29:00):
reign of the South Actually I'll top you up on
that along with the lakes. But a little bit of
rain in the South Island's help matters, but right now
we simply don't supply enough of what we need in
this country. Labor being as helpful as ever, have come
out and said if and when we get re elected
to government, we will then ban it again. So if
you're one of those international operators who goes, shall I
invest in New Zealand or shall I not? None of

(29:22):
this helped, so we'll look at our international reputation. Also,
some very good news around housing. Beans that have had
a look at what's going on in the housing market
and they're seeing what I'm seeing at the moment. There's
a little bit of life there, there's the sniff of
optimism in the air, and they think so it's a
survival twenty five thing. A lot of listings about the
place at the moment, so the increasing demand at the
moment will mop up the increased listings. Then we go

(29:44):
in twenty twenty five. They're picking seven percent next year,
which is getting back to normal. All of this is good,
so we'll look at this as well after the news, which.

Speaker 1 (29:53):
Is next the breakfast show. You can trust the mic
Hosking Breakfast with the range the Villa designed to intrigue
and use togs.

Speaker 2 (30:03):
Seven past seven to on the oil and gas debate,
Labours announced that if and when they return to power,
they will reimpose the oil and gas band. So what
sort of message does that send a potential license operators.

Speaker 12 (30:12):
We're opposed to the removal of the band on new
oil and Guess expiration off sure when we would reinstate
be again.

Speaker 2 (30:18):
So the CEO of Echelon Resources formerly New Zealand Oil
and Guess, Andrew Jefferies, is with us on This's Andrew
Morning to you.

Speaker 10 (30:24):
Good morning Mike.

Speaker 2 (30:25):
Mixed messages and does that hurt our reputation internationally?

Speaker 14 (30:30):
Look, I think the obviously the message there from the
Labor Party wasn't particularly mixed. I think there I think
it's an enormous shot in the foot for the country
because I think it will affect our international reputation. You
can't legislate the laws of physics, and if you're going

(30:53):
to have a mainly renewable power system, you really need
to have secure backup and gas can provide that backup.
So locally, gas can provide the backup for us, and
you know it can be our gas developed from our fields.
It doesn't affect our balance of payments in a negative

(31:14):
way provides jobs, it provides taxes, provides us with security.
So you know, in low cost cost energy, you can
import that energy from overseas, but then you're giving away
the jobs. We've got to find the money to pay
for the pay for the energy, and you're not raising
the taxes likely, so you're going to force down the

(31:38):
standard of living for the country.

Speaker 2 (31:40):
I noticed a twang of Australian there, Andrew, how is
it if you can explain to me, the labor government
of Australia gets it. The labor government or labor opposition
to New Zealand does not.

Speaker 14 (31:51):
Look I think I'm a engineered by background, Mike. So
I think this is going into the realms of psychology
than engineering, because look, the labor government in Australia is
representing it's it's the people who vote for it, which
are generally folks who want to have jobs, and they

(32:17):
are they and so they get it. Look, Australia is
six yips in coal. It definitely needs a transition and
gas is the only means to do it. So the
world's largest battery, which is in Adelaide, looks South. Australia
has done a great job of becoming renewable, but it
relies on electrons that are piped in from other states

(32:40):
from coal fire power stations to provide security. And it's
also got a very large battery. That very large battery
can hold Adelaide for about seven minutes, so you know
these are battery technology has not got to the point
where it can hold a grid for a long period
of time.

Speaker 2 (33:00):
So here's here's the problem up up until the crisis
we're facing at the moment in this country. You can
run theory until you blue in the face, and the
Labor Party did. But when mills are closing and jobs
are being lost because we literally cannot afford power, the
system doesn't work. I mean, it's that simple, isn't it.

Speaker 14 (33:19):
It really that simple. You know, you need cheap energy
is at the root of our whole way of life.
There's just no way around it. We need that energy
for you know, for cooking, for cleaning, for running electric
motors and factories, and you need when you build a factory,

(33:42):
you not only need reasonably priced energy so that you
can run your electric motors, but you also need to
know that it's going to be there when when you
turn the on switch, so you have to have that
liability around your basic energy supply, and there's just nowhere
around it. As I say, you can't legislate around the
laws of physics.

Speaker 2 (34:03):
Exactly. Good on Andrew, appreciated very much. Andrew Jeffries, who's
Echelon Resources CEO, over us this morning. It's eleven minutes
past seven. Rain in the South Island, of course, so
Meridians need for hydro generation from Wayataki that's been reduced
a bit. Storage at Poohkhaki that's up. Rain and shars
forecast for much of the week and next week at
Mount Cook and Techapo good Fjordland Manipuri. Storage that's now

(34:25):
above average for the first time since June. A lot
of wind too. That's allowed Meridians six wind farms to
produce daily totals of nine gigs more than they have
been over the last week. So hopefully things are starting
to come right. So other matter has got some good
news on housing if you want it from ben Z
next year we'll see some serious growth and prices they're
calling seven percent. The B and Z chief economist Mike
Jones is with us on this Mike Morning.

Speaker 7 (34:45):
To you.

Speaker 2 (34:47):
It's way Mike, with what level of confidence. Do you
say this.

Speaker 16 (34:53):
Look about the average level of confidence, which is low
in terms of the pinpoint number it sounds from. Forecasting
house prices as twelve or twelve months or longer in
advance is always a tough ass. I think what we're
talking about, though, is just factoring in the change and
fundamentals that we're seeing, which are lower mortgage rates, and

(35:13):
matching those up against what is a pretty dismal set
of other fundamentals when it comes to things like the
economy and the paper market. So you put all those
things together to next year where we are starting the
factor in an upturn in house prices. Nothing too spectacular.
It's pretty much just an average sort of number when
you think about house price increases in New Zealand over

(35:35):
the past few.

Speaker 2 (35:36):
Decades, although seven percent a lot better than what we've had.
Do you see any real reaction to the one ocr
cut or are we needing to see two, three or
four before we're guns are blazing.

Speaker 16 (35:47):
We haven't really seen anything hard or any hard evidence
so far. Certainly some sine anecdote and some speculation and
perhaps a bit more confidence on the part of buyers
as you might expect, But we have seen really that
come through in the numbers just yet, and lot our
expectation for this year is that housing market stayed more
or less in the same position that it's been for

(36:08):
the past couple of years, which is not really going
anywhere fast.

Speaker 2 (36:11):
Okay, supply side on construction, so if we start buying houses,
start getting a bit of a fizzle on the builders
start swinging hammers.

Speaker 16 (36:19):
Yeah, Look, I would expect that impact to come through eventually.
It's going to take some time, Certainly. All the anecdote
feed that we get and the numbers as well say,
at the moment it's just the numbers don't add up
for construction and the cash flow impacts are too great,
and so I think it's going to take some time.
It's going to take the housing market to turn and
just rates to come down further before we start to

(36:41):
see that feed through onto the supply side and construction activity.

Speaker 2 (36:45):
Good stuff, Mike, appreciate your expertise, Mike Jones, Ben said
cheap Economist, How funny was Andrew Jeffies Australian Labor Party
tend to be supported in both for by people who
like jobs. Jinny Anderson's got a hard road to Hoe
after can tell you that fourteen past.

Speaker 1 (37:02):
The Like Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks at be.

Speaker 2 (37:08):
Shake up and the aviation industry, both from the CIA's
point of view and airlines point of view, Prices on
time off, time, cancel flights, all that stuff was announced yesterday.
So we'll get some detail for you after seven to
thirty meantime at seventeen past amid the chaos and catastrophe
of this dreadful rummer rummer triple fatal crash that we're
finding out that witnesses are filming and streaming the wreckage.

(37:28):
I thought that was disgusting.

Speaker 3 (37:30):
There were close ups with people to cease in the
van and injured long on the road, and I say to.

Speaker 10 (37:34):
The people that are filming there, how did you feel
if that was your family?

Speaker 2 (37:37):
A good question. That's the police, of course. So what's
the say about us? Clinical psychologist Google Sutherlands where this's
Gogle morning to you.

Speaker 4 (37:43):
Yeah, good morning, Mike.

Speaker 2 (37:44):
What's the say about us in very general terms? Or
is it just a small group of us that would
I mean, I find it abhorrent, weird, unusual, nutty, strange.
Is that for most of us or what.

Speaker 4 (37:55):
Look, I think there's a strong human interest in death
and sex, and if you go back historically, people were
always into looking for things like public execution. So I
think there's a human, innate human interest in death. But
I think what we see in this situation is this
real gratuitous use of cell phones and social media to

(38:20):
broadcast that further. So I think you've got that innate
human interest, and then mixed on top of that, you've
got this, you know, you've got this social media pressure
where we do everything we can for clicks and likes,
and that makes us popular. And I think you know
now it's sort of the thing to do if you're
at a public event, you pull out a cell phone
and start filming it, whether that's good or bad. And

(38:41):
I think it's a salutary reminder for us to actually
stop and check what the heck we're doing when we're
enter something like this and we've got our cell phone
with us.

Speaker 2 (38:50):
So it's where the line. Do you film somebody who's
slightly old looking down the street? Then do you film
the fight that breaks out all the knife and then
do you stop on the motor and film the death?
And so we're discovering where that line and maybe there
is no line.

Speaker 4 (39:02):
Yeah, that's right. I actually there was an incident. There
was a police incident outside my workplace a couple of
weeks ago, and you know there were thirty people standing
around and half of them would have had a cell
phone with them. Look, and I think we need to
take responsibility. Obviously, those people that are filming need to
take responsibility. But we have some power too in this

(39:22):
as consumers. We can block people, and we can unfriend them,
and we can report them to the social media platforms
for filming this kind of stuff. The last thing we
want to do is comment on their social media posts,
even if it's negative, because that will just feed the
algorithm and make them more and more popular, which is
what really helped drive some of that behavior.

Speaker 2 (39:44):
Good tips, Dogle, appreciate it, Google Southerland. Political psychologists, Come on, Mike,
you must know Labors right and we're all wrong. It's
the way it works in the socialists. Well, this is
this is the thing that absolutely fascinates me. And you've
you've got to listen to Question Time as well. People
like Chloe you can allant most excuse her because she's
so blinded the real world. But this has gone from theory.
This is what fascinates me. This has gone from theory
to reality right in theory. And this is the other

(40:06):
odd thing about it. There's nothing wrong with renewables. We
all like renewables. Renewables are fantastic. Let's be one hundred
percent renewable until we work out we can't because it's
too expensive. But let's be as renewable as we possibly can.
We're all on board with that, we all agree with it.
But not when the lights don't work, not when the
jobs get lost, not when the mills don't open anymore.
The system literally doesn't work. So we've gone from theory. Oh,

(40:26):
will ban oil and gas and we'll have some solaro
and we'll have some wind and it's going to be
really cool to reality. What's Oh, you've lost your job,
have you? And then still at that point, they still
can't see that they're wrong, and they still argue they're
right and we're idiots, and they want to run the
place again. Seven twenty.

Speaker 1 (40:49):
The Mic Asking Breakfast Full Show podcast on iHeartRadio, How
It My News, Talk.

Speaker 2 (40:55):
Sippy Father's Day, This Sunday, The Real House of fragrances.
Of course, as Father's Day is away, Chemist Warehouse, so
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That's the key, because they got all the good brands.
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(41:38):
stop paying too much this Father's Day with Chemist Warehouse
asking seven twenty four and me, of course it was
never five percent, was it? It was always spitballing what
he was doing spitballing Paul Goldsmith, this is the treaty Minister.
He's in a meeting with the seafood people who are
not happy about their lack have been put into the
government's foreshore plan to revert a court ruling back to
the original intent of the law as it was passed

(41:59):
in two thousand eleven. Goldsmith it was reported said customary
title will drop to five percent. TV one fell over
themselves breathlessly reporting this as some sort of scandal on Sunday.
Come Monday, in the PM's post cabinet session, they try
and get more detail. The PM quite clearly says the
reason the government are doing what they're doing is because
the court is overreached and what the Government of the
day intended has been distorted. An amendment of Section fifty

(42:22):
eight is how they're going to address this. The original
law was simple, if you can prove you had uninterrupted
access to the foreshaw since eighteen forty, you've got a case.
If you can't, you haven't. Groups who didn't like the
law or the government went to court. The court, being activist,
got overly involved and we ended up where we are.
All The government, as the PM was it pains to
tell the assembled press wanted to do was make the
law the law, and why are because they're the government

(42:45):
and that's what governments do. As far as I am
aware as a consumer of the news that but wasn't
reported by yesterday some media I notatee both state funded. Funly,
we're still banging on about Goldsmith and as five percent.
The point they're missing and I suspected is courts don't
make the law. Governments do. If you want to mark
Goldsmith down a bit, I mean maybe he shouldn't free

(43:07):
wheel with numbers given if you apply just a little
bit of brain power to it. No one knows what
the actual number by way of a percentage will be
when it comes to access. But it wasn't a scandal,
It wasn't a gotcha moment. It was a passing comment
in a meeting about the intent of the government of
the day and what they were going to do to
address what they see as an activist court that had
distorted intent around an increasingly fractious subject. This would be

(43:29):
another example I think of an activist media taking the
side of an activist court and trying to drum up
scandal around a government They don't like on a law
they like even less. And if you apply logic and
follow it as I have, failing ask the New Zealand
media should be bombarding Chippy about why he effectively advocates
for the burning of dirty imported coal plus the ongoing

(43:51):
loss of New Zealander's jobs due to their stance on gas.
How you stand up and defend the loss of jobs
right here, right now, not down not you know, oh
one day when all the wind is blowing and all
the windmills are out to see, not one day right here,
right now. How do you defend your stance when people
are losing jobs? And that's the other irony, of course

(44:13):
they never address. It's the importation of coal because we've
got no gas and we still need the lights. What
do they do? They go for the colt I knowe
the Wellington Regional Council, by the way, have decided in
their wisdom that they will be going to a vote
next year as part of the local body elections on
these Maori wards. So once again to reiterate, councils under
a new law have to one get rid of Marie

(44:33):
Ward's next election or if they want maray wards. And
what to see them potentially continue. They've got to hold
a referendum. Locally, Wellington Greater Council has decided they want
to continue them. They like them, they're good, so they're
going to hold a vote. And I think, in the
grand ole of things, I probably support it. Not the
marray Wards obviously, but the right to vote. I think

(44:54):
if I was going to do one of two things,
do you just kill them and save a bit of
money fair enough, not a bad argument, or do you
actually put it to the people, I'd put it to
the people because I'm a fan of democracy. What they'll find,
of course, is when they do put it to the people,
between seventy and eighty percent will say no, thank you.
We don't want Mary Wards because history tells us this.
But at least you had the chance to have a say,

(45:16):
and you can't really argue against democracy. Can you stand
by for the news? Which is next? Your news talks
Edben What.

Speaker 1 (45:23):
Big News, Bold opinions, the Mic Hosking, Breakfast with Bailey's
Real Estate, your local experts across residential, commercial and rural
news talks head Been.

Speaker 2 (45:34):
Jane Politics Wednesday after eight twenty three. Away from it
Now for a man who seems to have a lot
of portfolios that require a lot of change. Simmy and
Brown strikes again. This time Aviation airlines are going to
be required to give monthly reports on flight delays and
cancelations as well as the fares they're charging. Transport Minister
Simeon Brown with us good morning, good morning as regards
aviation the several moving parts to this and will work
our way through it. In general, how much does the

(45:55):
sector need a shake up?

Speaker 10 (45:57):
Oh?

Speaker 12 (45:57):
Look, I think coming out of COVID this the sector
is needing a shake up in terms of whether it's
CIA needing to be back on to on time performance.
When it comes to as abset qs certifying their clients.
In regards to aviation bodies who are trying to get
licenses tofy and do business in New Zealand, I think
it's getting too hard. So we need them to be

(46:18):
actually more responsive to the needs of our industry. And
also we need airlines to be making sure that they're
actually operating on time and there's more transparency around price.
Yesterday's announcements, we're all around saying look, we've come from COVID.
We know it's been tough, but actually Aviation plays a
critical role in our economy and we need to be
a competitive player and every single part of the industry

(46:40):
needs to be doing. It's a bit government and industry,
so sure we are a competitive country to do business
with and to grow the sector.

Speaker 2 (46:47):
All right, we'll get to the planes in the moment.
As regards the CIA, all their problems, their fees and culture,
are they up to it?

Speaker 12 (46:54):
Well, we'll replaced the board. We've put a new board
in place with some red experienced people there to help
bride close outcomes around on time performance for air seek,
making sure that we have a much faster certification time
frames for aviation players in New Zealand, and also to
address some of those challenges that have been in the

(47:14):
media around culture. So new board, they've got a very
clear task as to what they need to do and
they certainly up to it to make those changes.

Speaker 2 (47:21):
All right, the planes when they report and say that
the X procedage didn't turn up on time, then what happens, Well,
oftenly it's.

Speaker 12 (47:29):
About public reporting. It's about providing transparency that we don't
have at this stage. This is sort of what we're
doing at this stage, just saying it look a bit
more transparency. We're not putting any anything further in beyond
that at the stage, but I think the first step
is in the public want to see is what is
the actual on time performance of airlines in New Zealand.
So that's what the Ministry of Transport. They're already collecting

(47:50):
the data. They're going to be publishing the first report
next month to help provide that transparency. And I said
also looking at getting greater transparency around airfares so the
public can actually stand what are the prices that people
are paying.

Speaker 2 (48:02):
Yeah, but once you've got that transparency and I tell
you it's too expensive and there are a crap airline,
are we going to do anything about it or just
put up with it?

Speaker 12 (48:10):
Well, I think then we can look at what other
options there are that we can look at it this
stage and know Australia has been looking at this, United
States has. I think a step which we've here is
if you when you start publishing that data many countries
have been doing this since the nineteen nineties and when
you catch that, all.

Speaker 2 (48:24):
Right, appreciate it to me and Brown Aviation Aviation Minister,
Transport Minister twenty minutes away from a past Quite recently
at a zoo trip, my daughter in law took a
heavy fall with her little boy on her shoulders. All
of her friends took out their phones and filmed it.
So something weird. I just because I don't film and
do well. I'm not a tech person. I just it's
just beyond me.

Speaker 1 (48:44):
Do you know how to open the camera on your phone?

Speaker 2 (48:46):
That's one of the major issues. So here's the irony
of ironies talking about oil and gas across the testment
in Australia, there is quote unquote this is what I'm
reading just yesterday. One of the fuel giants in that
particular part of the world, Weber Energy. They own a
July oil refinery, they own Shell they owned Liberty petrol
station chains. Anyway, they've got major Well, let me explain

(49:07):
growing recognition that time is running out to stop crippling
gas shortages heading homes and businesses as it prepares to
resubmit a bid for approval to start importing liquefied gas
into Geelong. Rapid declines from the giant offshore gas fields
and Bass Strait intensified warnings that supplies the tightening in Victoria,
New South Wales, South Australia and Tasmania during winter and

(49:28):
could be in deficit by twenty twenty eight. Large volumes
of Queensland production locked into long term export contracts, Pipeline
limitations restrict how much gas can flow south on days
of heavy demand, and gas from Wa cannot be transported east.
It was close to submitting fever resubmitting its environmental studies
to extend a refinery peer at Corrier Bay to park

(49:50):
a vessel capable of receiving LNG cargoes from other parts
of Australia or overseas and turn it back into vapor.
So they've got a problem. They've worked out the problem.
They're trying to solve the problem. Meantime, Old Dumpty Doo
New Zealand has completely run out. Now in relation to that,
the LNG, the stuff that we're looking at, I'm assuming
we're looking to get it from Australia if we build
the infrastructure, clear of the regulatory hurdles and get on

(50:12):
with it. But you can see that they've got problems.
And if they've got problems and a lot of their
stuff is locked into long term contracts, we might end
up having problems getting access to it. So that's that's
a red flag. Remember where you heard it first?

Speaker 1 (50:24):
Eighteen two good the Vike Asking Breakfast Full Show podcast
on iHeartRadio powered by News Talks at b.

Speaker 2 (50:33):
Certain forty five. Tail of two stories. So a little
bit of reporterage just handed to me this morning from
our very good friends at the state funded Radio New
Zealand headline. Low pass rates in new online NCEEA Literacy
numeracy and tests worry secondary teachers. So I go to
the story. This is the latest NCEEA literacy and numeracy tests.

(50:54):
A lot of people have failed. Most recent round of
testing was in May in maths fifty four hundred sixty
eight SAT the test, thirty one hundred ninety six failed,
or in other words, fifty four percent failed. In reading.
This is the second part of the story. In reading,
fifty four percent of MARI students and sixty three percent
of Pacific students failed. In writing, fifty five and fifty
six percent failed. So I'm immediately looking for where are

(51:15):
all the rest of the people, and in this is
the tale of the two stories. One the reportage on
the failure rates or pass rates if you like, of
the latest NCEEA literacy reading testing and two, the media's
ongoing fascination worth culture and race. So one I'm suggesting
to you is I'm immediately looking for all the other
students who don't happen to be Maria Pacific Island. Where
are their results? And there aren't any. You cannot see

(51:37):
them in the story. They have disappeared from the story
because they were never there. So what is this ongoing?
So in other words, the media's problem is they immediately
hone into the negative, hence low pass rates in new
online NCA literacy. So, according to Radius zeal And, all
you need to know about is how Mari have done
and how Pacific Island have failed. How everyone else has

(51:57):
done is completely irrelevant because it's not in the story.
So I say to the appropriate people on this program,
go find me the real facts. So here are the
real facts. In reading European sixty eight percent pass rate,
Asian fifty six percent, mariy forty six and Pacific IEM
thirty seven. That's a complete picture. That's what you want?
Is that not what you want? Do you want the
complete picture or do you just want the Radio New
Zealand version, which is just the cultural picture? In writing

(52:20):
European sixty two percent, Asian fifty three percent, Maurray forty five,
Pacific forty four, numerously European fifty three, Asian fifty two,
Marray twenty nine, Pacific twenty three. Now, the interesting thing
about those numbers is this is the part that's open
to interpretation. At a pass rate of sixty eight percent,
are you going to yourself not bad or are you
going jeez, there's still a long way to go. That's

(52:41):
up to you to decide for yourself. But at least
it gives you a comprehensive picture. So if you want
to write a story about how Mari and Pacific are failing,
fair enough, that's all you're interested in doing. Or if
you're more interested in the whole picture, then maybe things
are starting to improve. This is the important part here.
Maybe things are starting to improve. The next testing is
coming in September, so it'll be fascinating to see if

(53:01):
things are improving. Some of the changes being made at
the moment in education, whether or not in the curriculum
and the testing, whether or not that's coming or bearing fruit.
So writing European pass rate of sixty two percent, is
that reasonable? I mean, when I was at school, if
I got sixty two percent, I mean, little chort of
the miracle. I'd be happy Asian fifty three percent. So
you've you've got a race based problem. I fully accept that,

(53:23):
but it's not the whole picture, and you need to
know the whole picture. So in other words, what they
try and paint is a story of a failing education
system of people who, if they go to school, go
to fail. And when you look at the complete numbers,
doesn't appear to be as bad as they've made out.
Maybe things are on the improve. A pass rate to
my eye of sixty eight percent not bad. In writing

(53:46):
sixty two percent not bad. Numeracy is a problem. Fifty
three percent your best number. That's not good, but maybe
not as bad as they make out. So once again,
the more you know, the better off you are. A
living away from eight.

Speaker 1 (54:02):
Cost breakfast with the range rover Villa, news from it
instead of looking back in anger and all the other
musical related cliches we could use.

Speaker 2 (54:11):
The reunion isabek on oas have announced the European too
the next year. First shows in sixteen years, if Liam
and Nole can keep it together, got fourteen performances planning
for Cardiff, Manchester, London, Edinburgh and Dublin. Jonathan Deane is
the Times Executive Culture editor, anders with us good morning,
Good morning. Was there a moment that this was inevitably
going to come together or should we all be surprised

(54:31):
and grateful?

Speaker 6 (54:34):
I think the big moment came well. I think the
confirmation before the official confirmation came when Liam Gallagher responded
on Twitter to somebody on Saturday and I basically see
you down the front with then some expletives, but yes,
once Liam had said see you down the front, I
think everyone knew that this was happening. I think the
inevitability possibly, I think it's so inevitable for a while,
you know, the glory of the story are the warring brothers.

(54:57):
But people get older, people move on, and I do
I just believe it did feel like something's going to happen,
and it seems like the world's very happy that it is.

Speaker 2 (55:06):
To make the stick, do they need to be in
a room together for a while, answer a few questions
and we can get a vibe as to whether they
can stand each other or does a photo shoot as
the pictures I've been looking at this morning do it?

Speaker 6 (55:17):
I think they will probably get together and do an
interview together. Like the thing about the Gallagher brothers, which
I think has always been a glory thank you for journalists,
is that they like being interviewed. They're brilliant interviews. They
understand the power of the press. So it isn't even
so much that they obviously don't need help to sell
tickets because those tickets are going to fly on Saturday.
But I think kind of, you know, they need to
get together and just talk about it, talk about because
people want to know, and I think they want to

(55:38):
tell their story. I think also, what's actually the thing
you said about? You know, are they getting on etc.
I don't really think that matters with them. They're not
particularly playful with each other on stage, they never were
in interviews. They often, like most siblings do, snipe at
each other. So I think in a way, if they've
got a truce that will hold in order for them
to play the gigs, they can be getting on just

(56:01):
about okay without the need to frankly be best of friends.

Speaker 2 (56:05):
Do is this a one off to the extent there
it is, will do some shows, or is this we're
back together, this is a band and we can do
this for years to come.

Speaker 6 (56:14):
This is the fascinating question here because I think because
they've obviously said they definitely going to be doing European
dates towards the end of the year, I'd be very
surprised if that doesn't then an extent to outside Europe,
probably next year, partly because you know, this is the
huge cavet that they are enjoying it and they haven't
fallen out on the first show. If they If that
hasn't happened, I think they will continue. I think it'll

(56:35):
become a world tour, and then I think the interesting
thing becomes what do they do about music, because nobody knows,
which is the big unknown question is like will they
release new music? Blur died last year and it was
very good, so will they go down that route? Because
this is the thing Like to me, part of the
reason this happened is that Liam has been enjoying a
very successful run through definitely maybe some huge crowds this year,

(56:57):
and I think Noel got a little bit jealous of
his songs being sung to huge crowd but not by himself.
I think that's part of the reason. But Noel is
still a very good and very active songwriter, and I
just feel he might get bored just playing old songs
again and again. I would bet there'd be an Oasis tracks,
which would inevitably mean it goes on for longer and longer.

Speaker 2 (57:17):
Which then leads to the question are they still good?

Speaker 6 (57:21):
Oh, it's just as magic if that is the word
is that? And I think also the reason this will
work so well is frankly, because nobody has replaced them.
It's this really interesting thing in pop music in general,
it's gone towards solo artists, it's gone towards quite instant music.
What Oasis did was make this music, especially the first
album and the second to an extent, that was about release.

(57:43):
It was about freedom. It's about kind of here's the
drudgery of life. Here's some big anthems to make us
feel fantastic about our lives and quite hopeful. Nobody's really
replaced them since they went away, And I think the
question about whether they're good or not is is it's
a really tricky one because people say Blur, more intricate songs,
albums are better lyricists or radio had. Obviously we're more
pioneering pulp with smart all of this stuff. But those

(58:06):
people have tiny crowds compared to Oasis. And what's really
key is that these gigs are going to be packed
full of people in their teens, people in their twenties,
because this isn't just a nosalgia thing. Oasis are very,
very big among a very young audience. And that's that's because,
like I said, the music does something that hasn't really
been replaced. It's simple, which I don't mean in an

(58:26):
insulting way, anthemic rock music, and so yeah, it hasn't
been replaced since they went away. So that's why they're
arguably bigger than ever, which is slightly bizarre. So then
I guess that kind of does make them good.

Speaker 2 (58:39):
All right, Jonathan go well with Jonathan Dean. So we
got the shows on that part of the world for now.
So yeah, I go around the rest of the world.
Four minutes away from eighty? Do you need to go
one step further? How hard is the test? You say,
sixty percent pass is not a bad right, but it's
pretty simple test. It's interesting you should say that as
I've sitt on this pretty good mini many times, father
of five, it's not hard to get into EA and

(58:59):
the country, and that's what shocks, appalls and saddens me
that the pass rate is so abysmally bad because having
seen and lived through n CEA Level one, level two,
and level three numerous times over, you do wonder just
what's going on in schools, whether it be the kid
who's not soaking it up, whether it be the teachers

(59:20):
not imparting it properly, whether it's the school it's not
running the place properly, whether it's parents who don't give
the monkey's But you know, to get in CEA is
not that hard, Mike. You know that the logic of
fighting the Chinese market for wholesale LNG needs to be
seriously tested before a dollar is spent. It would be
better if we stood on our own feet. However, it
will take a lot to retract the global a lot

(59:41):
to attract the global explorers. So we'll talk about oil
and gas next. After the news.

Speaker 1 (59:48):
Demanding the answers from the decision makers, the mic asking
breakfast with Veda, retirement, communities, Life your Way, News togs b.

Speaker 2 (01:00:00):
To me devon to the girling fantasy. It's a long
time getting in, the getting out the the others is
the twenty twenty three Breakthrough Artist of the Year from
the ARIA Awards. Australian, of course, are teenage dads. This
is their sophomore album. It's called major Domo and the

(01:00:20):
sophomore album comes six years after the release of their
debut album, which was back in twenty eighteen. Major Domo,
by the way, as a person whose job is to
make arrangements or take charge for another who runs the enterprise.
We wanted to take that word and explore themes of control.
Sometimes you might be the major Domo season the day,
and others you are falling from the sky in a box,

(01:00:42):
unable to do ten to them. It's pasted. Oh well, sorry,
said there was a thirteen tracks, forty two minutes Politics Time,
Politics Wednesday, Jimmy Anderson with us along with Mark Mitchell.
Morning to both of you, Journey Mark, I'll ask both

(01:01:03):
of you, but given you on the role currently Mark,
this this headhunter's thing. Yesterday, fifteen million dollars worth of
assets are having to be seized, et cetera, et cetera.
How is there something wrong with the law in this
country that needs amending that you can surely see an
operation of that size and ask yourself the obvious question,
which is I wonder if they went to work to
earn all that money, and then having answered it with

(01:01:24):
the word no, why isn't that stuff enacted faster?

Speaker 8 (01:01:29):
Well, I mean it is. The law has changed back
in two thousand and nine around that the round proceeds
of crime. So the outcome that the judges ruling is
very very good. Sends a very clear message to gains
that if they want to appropriate property through ill gotten games,
then the state and the police are going to take
ettion on that. But of course we're constantly sort of
scanning the horizon and looking at legislation and seeing whether

(01:01:51):
or not it needs improvement, especially in justice and public safety.

Speaker 2 (01:01:56):
Jinny, do you argue the laws are fine the way they.

Speaker 17 (01:01:58):
Are changed them after most recently in the last couple
of years, so that we slipped the owner. So the
criminal their cues has to prove what they got was
got legally. Was previously you needed forensic accountants to try
improve that they'd got it illegally. So it is much
easier now for those processes for restraining and forfeiting illegal

(01:02:22):
foot and gains.

Speaker 2 (01:02:22):
So is it mark just the wheels of justice turned
too slowly? Because I mean that building that's been seized
now that that's been there for years.

Speaker 17 (01:02:30):
Yes, teams.

Speaker 8 (01:02:32):
Yeah, So the short answer is yes, the wheels of
justice are turning too slowly, and obviously there's there's a
big folks we're doing as the incoming government to make
that more efficient.

Speaker 2 (01:02:44):
Because it just it's almost struck me as a sort
of ironic jinny that I know where these guys get
their Harley Davidson's from, and it's not from good legitimate work,
so why are they driving them?

Speaker 17 (01:02:55):
Were pleased to a good dob and I think flipping
that owners so the cronal now has to prove they've
got it legally makes it a lot easier for police.
I've been to the warehouse where they have all the
stuff that have had and they hold it there until
the court case is completed. So while they'll take it
put it in the warehouse, they still have to go
through that process of proving it before they can sell it,

(01:03:17):
and the problem often is it depreciates over that time.
But just interestingly in that warehouse is actually a tank.
The police have confiscated a tank of someone and it's
sitting in there, so waiting for that one to make
that soul.

Speaker 2 (01:03:30):
Trade me, yeah, you could. You never know what you
get for a tank mark, are you sorry? Carry on?

Speaker 8 (01:03:39):
Just the other thing that we are doing is that
when that legislation went through, a part of the legislation
that Jill he was talking about, went through the government's
the threshold of thirty thousand dollars above the advice against
the advice of the police. The police says we won't.
So we're looking at changing that because you know it'll
be it'll mean that it's far more effective in terms
of being able to cusses ginny.

Speaker 2 (01:04:01):
This oil and gas debate, Hipkins comes out yesterday say,
if you get back into power, you're going to ban
it once again. What do you tell the people who
are losing their jobs, you know right now, literally losing
their jobs because their employer can't afford to pay power.
We don't have the gas, we don't have the supply,
and what you were advocating for maybe one day works,
that's fantastic. Right now it doesn't. What do you say

(01:04:21):
to them?

Speaker 17 (01:04:22):
The problem we have is that there hasn't been any
new discovery of guests for over twenty years, and it's
not for lack of trying but even if we did
find a natural guess, it'd be another five to ten
years before it came online. So just pointing to LNG
as a solution, it's not going to affect that. The
problem we've got is those large generator retailers who are

(01:04:45):
focused on max to my profits and when we have
a cold, dry windterilt we've got, they rub their hands
because they make a good profit on that. That's the
market that's broken.

Speaker 2 (01:04:55):
Well, it's okay, So why didn't you fix the market
when you had six years to do it?

Speaker 17 (01:05:01):
This has been an ongoing This has been an ongoing
issue of the generation. And part of the issue is
that we need a variety of different ways of addressing it.
So you need solar, you need one, you need GFRM
or and so there are a number of projects that
have been consented that are a new ways of generating electricity.

Speaker 2 (01:05:21):
Genny, this is all the theory. This is what I've
been hearing from you for the last six years. And
I get I mean, I disagree with you that the
market's broken, but be that as it may. The fact
is right here, right now, we cannot produce power in
this country that companies can afford and people are losing
their jobs to those people.

Speaker 17 (01:05:37):
You say, what, it's a significant problem for New Zealand,
and we need to invest in more solar, more people
being able to generate schools, hospitals. That's that's the way
forward is to have other forms of generation that's not
relyingt on hydro and to diversify that. And we will
have we need to have more cross hardy agreement on

(01:06:01):
how we get here.

Speaker 2 (01:06:01):
Okay, Mark, I'll give you your say in a moment,
Mark Minchell, Jinny Anderson, thirteen past the.

Speaker 1 (01:06:06):
Mike Hosking Breakfast Full Show podcast on iheartradiow it by News.

Speaker 2 (01:06:11):
Talks it Be you talked to me sixteen past eight
Politics Wednesday, Mark Mitchell, Jinny Anderson, Mark, you say what
in the oil and.

Speaker 8 (01:06:16):
Gas a look, energy shortages are driving electricity prices higher,
so you know we have to take it. Should secure abundant,
affordable energy that families and businesses can rely on and
actually have certainty around. And luckily most families have been
insulated by the recent price sites, but the impact on
businesses has been significant. And at the end of the day,

(01:06:40):
our plan is to unleash the energy we need. Mike
whether it's renewable soul or wind and hydro or the
natural guests. We need to keep your light on instead
of dirty Indonesian cold.

Speaker 2 (01:06:50):
Problem you've got now is in trying and Shane Jones
has talked about this a lot in the house. Is
the problem is you've got to go out into the
world and you go, right, we're open for business, come
on and there as the lice and start exploring why
would they When Hipkins yesterday said, the moment we get back,
it's off.

Speaker 8 (01:07:06):
So Jinny Anderson just said this should be a bipartisan
approach to this. Totally agree. So let's see them step
forward so that we'll agree to give us some certainly,
so that we can get the investment that we need
our energy sector, so that we're not placed in a
position like we're a banana a public and we can't
deliver the energy that we need in our country.

Speaker 2 (01:07:23):
And that's the problem though, Jinny, isn't it with with
bipartisan approaches, you've got to be sort of in the
same room on this. You're not, you do you do?

Speaker 17 (01:07:31):
And part of the aue we have is the fact
that they haven't found any LNG for twenty years and
even if you forget it, it's not going to suck
the current problem. So you need a mixture. And I
think that's we're investing in bigger solar projects and wind
is important to New Zealand given our geography and the
benefits we have for generating energy. But I think it's

(01:07:53):
it's unacceptable. It's completely unacceptable that we have big scale
businesses in New Zealand that's limiting productivity because we weren't
there and able to get the power. They need to
keep it exactly.

Speaker 8 (01:08:04):
But do we accept it all your energy policies.

Speaker 17 (01:08:07):
No, I do not think that. Mark You know that
because you know the twenty years we didn't put LNG.
So you can cross fingers and hope they're going to
find some LNG and great, you know if you do that,
but the chances are pretty limited. That's not the solution
to the problem we're face. And if you think it's,
we're never going to move.

Speaker 2 (01:08:25):
But here, just let me step in the middle. You
guys seem to be an agreement. We're all actually, we
all seem to be an agreement. Renewables are a good idea,
and if we all had solar and we all had wind,
and we all had some hydro and stuff. All of
that's fantastic, but the problem is we don't and we've
been caught badly short in the transitionary period. And part
of the answers lerg and part of the answers something

(01:08:45):
you see what I'm see what I'm saying. So what
you're still arguing ideology, Jinny, But people are losing their
jobs while you argue it.

Speaker 8 (01:08:53):
That's right, and you need a transition fuel and we
do have natural guests and that's what we should be
using instead of uh coal, and that's it's just it's
it's ironic. It's ridiculous that you've got, especially a labor
government supported by the Greens, that we're having to important
news coal when we've got natural guess. So there is
natural guess available and it's our transition energy and we
should have been using it instead of having I don't

(01:09:17):
know it and canceled and you and you canceled any
exploration or any harvesting of a get a fuel that
we actually need.

Speaker 13 (01:09:24):
In no, we didn't.

Speaker 9 (01:09:25):
We stopped.

Speaker 17 (01:09:26):
We stopt new license. So I was looking at you, Jilly.

Speaker 2 (01:09:30):
Once again, that's ideology. All the people with licenses gave
them back. They're packed up and went home. They saw
there's no fu We're gone.

Speaker 8 (01:09:37):
What would you so?

Speaker 17 (01:09:39):
What what isn't your government addressed in solar power? Why
don't we give schools hospital.

Speaker 8 (01:09:46):
We're first, but they're a large but they're a lug
process problems. But the problem is the problem is this
j If there's no sun and there's no rain and
there's no wind, then what do you need a transition
energy that is able to fill the gap? And policies

(01:10:07):
put us in an awful position.

Speaker 2 (01:10:10):
Quick question before we end, Mark Carmel Seppaloni double dipping
on Treasure Island scandal or not?

Speaker 8 (01:10:18):
No comment?

Speaker 2 (01:10:19):
Why if she wants to, if she wants to as
a politician. If you want to go and do some
television and get paid for that while you're being paid
as an MP, that's okay according to you.

Speaker 8 (01:10:32):
That's something for the Labor Party and for the lead
of the Labor Party to sort out and figure out.
But you know, we're paid to do a job. It's
a serious job and you should take it seriously.

Speaker 17 (01:10:42):
She donates for that time to charity.

Speaker 2 (01:10:44):
Yeah, but that's once everyone said, hey, how come you
double dipping? She and she suddenly discovered a charity she
was going to give to.

Speaker 17 (01:10:53):
Her appearance and too salary at the time.

Speaker 2 (01:10:56):
Right, do you have time to appear on television reality television?

Speaker 17 (01:11:00):
I know, but I would definitely watch it if you
were on Mike, because if you're Entry Royland, I think
everyone would watch that.

Speaker 8 (01:11:05):
It would be really you'd take it out more. It's
no question, there's no question.

Speaker 2 (01:11:09):
That's no question. I wanted, of course so great and
I don't know how you give you guys, you're so
off track. Ginny Anderson, Mark Mitchell.

Speaker 1 (01:11:16):
It is a twenty one The Mike Costing Breakfast with
Bailey's Real Estate, News Talk Zibby.

Speaker 2 (01:11:24):
News Talks twenty.

Speaker 1 (01:11:25):
Four win five thousand dollars for Father's Day thanks to
Chemist Warehouse, the Real House of Fragrances and News Talk Zibby.

Speaker 2 (01:11:36):
Here we go with number three. Yesterday's answer, Olivian william
Who's the daily Christ of the Luction? Of course, Raquel Lewis.
Raquel Lewis, five hundred dollars. Congratulations to you everyone who's
entered so far, By the way, is still in the
drawer for Friday's five thousand dollars from Chemists warehouse for
Father's Day. The real house fragrances, of course, buy a
lot of fragrances for five thousand dollars. News talk zib
dot co dot m z Ford slash win is where

(01:11:58):
you're going. Use talk zibb co dot mz for a
slash win. Today's question for the five hundred dollars draw
that will announce the winner of tomorrow, Which former Hurricane
and Taranaki rugby player is dadah to three current All
Blacks including the team captain. So answer that on the
website and we'll make the draw tomorrow for five hundred
dollars and everyone goes into the draw for Friday for

(01:12:21):
the five thousand dollars worth the compliments of the very
nice people. Father's Day at Chemist Warehouse A twenty five. Now, Mike,
there's no chance of finding Ellen Gee. Why the labor
government gets looking for it?

Speaker 8 (01:12:31):
That was it?

Speaker 2 (01:12:32):
If I could be bother making the point, I would
have made the point, and that is as a government,
I would take the exploratory license fee. Plenty of people
in the world want to pay you money to go
and have a look. You go, no problem at all,
go have a look at They don't find anything. They
don't find anything, the risk is on them and so
there's no harm to the environment looking And so why
they didn't do that, I don't know. And you never know,
you might find some gas and you might actually solve
the problem. Is this a scandal? And this goes back

(01:12:56):
to what we were talking about to a degree yesterday
with Brook van Velden, who's announced Part two of the
COVID inquiry in this country. Part one, of course not
being remotely comprehensive, but not covering some of the issues
that we want to cover. So they've had to introduce
Part two and that will deal with vaccines and all
that sort of stuff. Zuckerberg this morning, in a letter
to the American Authorities. US House Committee chair, has said

(01:13:20):
he regrets bowing to what he calls pressure from the
Biden administration to sense a content during the pandemic. Some material,
including human satire, was taken down in twenty twenty one,
under pressure, his firm briefly demoted content. Now this is
this is where it gets separated out and slightly scandalous.
His firm briefly demoted content relating to Hunter Biden ahead

(01:13:44):
of the twenty twenty election. After the FBI warned of
a potential Russian disinformation operation. I think the inferences there.
The FBI came to them and said, hey, listen all
the stuff on Hunter. We suspect it could well be Russian.
I don't think you want to be pumping that left
right and center because an election coming up. Did Zuckerberg
go it's not Russian, Hunter's crook? Or did he go, well,

(01:14:08):
it could be Russian, so I might do something about it.
It later became clear the content was not part of
such an operation. It should not have been temporarily taken down.
He now argues Government Pressurrey says was wrong. We made
some choices that, with the benefit of hindsight and new information,
we would not make today. I think that's the whole
lesson of COVID, really, isn't it. You know, how much

(01:14:29):
would we do differently today with the benefit of hindsight,
And so that applies to government, it depies to social media,
it applies to conspiracy theorists. The whole kitten kaboodle Australia
and Stephen Price is but moments away after the news,
which is next. You're on the mic Hosking Breakfast.

Speaker 1 (01:14:49):
Your trusted source for news and fused the mic Hosking
breakfast with the range Rover vi La designed to intrigue
and use togs EDB.

Speaker 2 (01:14:59):
Mike went to Christape at Minute Maid Stadium in Houston
Saturday night. The Man has the Voice of an Angel
played all the hits, opened with White Horse, finished with
Tennessee Whiskey, before returning to play Traveler for an uncore
Miranda Lambert. You never heard of her. There's a voice.
She opens. She has a lot of fun, huge catalog
work from the last twenty years. They sung together later
in the evening. Country music renaissance will carry on for

(01:15:19):
a long time with the current crop of artists collaborating together,
enjoying and sharing their talents with the world. A very
special night. Glad He's coming to New Zealand next year.
Yes he is and I am super super Jelly twenty
three minutes away from.

Speaker 11 (01:15:32):
Nine International Correspondence with ends and eye Insurance, Peace of
mind for New Zealand Business.

Speaker 2 (01:15:39):
The table Street last morning to you, hey, back to
the morning now. The Greens and the Unions and how
just tell me about the protest yesterday and all the
unions and the Greens tie up on the main and
all that, where are we at with that?

Speaker 8 (01:15:51):
Well?

Speaker 10 (01:15:51):
The union protest was to see a f MEU around
the country. Biggest turn out not surprisingly Melbourne. They expected
eight thousand. I think they got sixty. Pretty peaceful, but
it meant that there was no building activity at all
across Victoria yesterday they warned any building side you pour concrete,
then you'd have us to answer for. This is not surprising.

(01:16:13):
I mean to see if they used people put into administration.
Two hundred and seventy of their executives or people that
run the front office have been stood down. They've got
a job no longer. And this is Canberra flexing muscles
over that nine report that you and I spoke about
where Vikings had got involved and the whole corruption in construction.
So they're not going to go away. They're not going

(01:16:35):
to go quietly. The biggest impact on federal labor will
be if they withhold any political donations. Now will they
do that potentially? And if they do, there's a big
hole in an election budget that the Labor Party would
want to use and that applies to every state government
the country as well as for the Greens. Now, Adam

(01:16:56):
Van's going to make a speech at the Press Club
in Canberra today. The Australian has got a prevy of
that speech and I just filled with horror at the
prospect that Australia in an election might end up with
a minority Labor government. Now that's a real possibility. All
the Poles are saying, Mike, that's probably what will happen.
So how would that look? Well, Labor claims it will

(01:17:19):
never deal with the Greens. Maybe this speech today will
convince Antony alberniez he not only to say that, but
to do that. He's got the option of dealing with
the Teals. But it depends how the cards fall. Banned
will say today he wants a five hundred and fourteen
billion dollar tax hit surprise, surprise, on big business in

(01:17:40):
return for the Greens supporting any Labor government in a
hung parliament. It's been called the robin Hood Reform. And
he will say in the Press Club today that forty
percent tax will be put on companies who have excessive profits.
Now this includes and he named them in this speech.

(01:18:01):
According to today's report, West Farmers that owns Bunnings, Telstra, Woolworths, Coles, JB,
High Fight and Ampop. Now I'm no economist, as you know,
but if you run through that line, that's going to
mean your petrol's more expensive, all of your electronics are
more expensive, your food, your phone bill and anything you'd

(01:18:21):
go to Bunnings to buy at the weekend. I mean,
this bloke is a lunatic. He tried to do this
in the last selection with his mining super profits tax
and that just ended disaster with the mining industry running
a big ad campaign. So Adam Bant typically what he
says he needs to do is rob from the rich
or take from the rich and give to the poor.

Speaker 2 (01:18:43):
And what is excessive and who decides and how do
you measure it?

Speaker 10 (01:18:47):
Well, he'll put a number on it. He will say
that the big four banks, for example, are making billions
of dollars in profits. That's not healthy, so we need
to tax them more. So he will put a ceiling
on he Adam Bant, a Green member for Melbourne. We
will decide how much money, how much profit a company
can they?

Speaker 2 (01:19:05):
Well, unreal, then we got the gold mine. See I
can never quite work out. And I was ringing the
BHP result yesterday and all the mining you do in
the iron, all you make the et cetera, et cetera.
And then all of a sudden you go down and
close a close a billion dollar gold mine because one
person mins yep.

Speaker 10 (01:19:19):
And this is in New South Wales, central West. There's
lots of mining activity out there. It's a company called
Regius Resources. They had this gold mine project. They thought
it'd been tipped up, all the environmental ticks, and then
along came the nearly installed Environment Minister, Tanya Pu the
sex She said she had spoken to the local indigenous
grouping and they have told her that the tailings dam

(01:19:42):
on this mine is on indigenous land that needs to
be protected. No one else, including the local community of
the indigenous elders, has complained about it. They were all
looking forward to the jobs and so this billion dollar
mine goes out the window. Prime Minister has asked about
it yesterday and he said, oh, well, you know it's

(01:20:03):
not all over. We can potentially still you put this
mine on if we find an alternative for this tailing
stamd Well, the mining company says, hang on, there is
no alternative. We've been through all these processes. The locals
in that area screaming people in the pub last night
when interviewed saying well, we only stayed in this community
because we thought this project was going to go ahead.

(01:20:23):
It is just that if you look at the wider problem,
the Environment Minister has far too much power and she's
using what's called a Section ten and the mining industry
in this country today is very upset.

Speaker 2 (01:20:36):
Where broadly does Australia sit on mining and digging stuff
out of the ground and oil and gas and is
it out of step with the labor government of the day.

Speaker 10 (01:20:46):
Yeah, the majority of people love it. I mean it
provides unbelievable jobs. Without mining royalties, the governments of Queensland
and Wa would be broke. They're not. They're actually the
best economies in the country because of those mining royalties.
You've got the green movement that is vocal. You've got
younger Australians who have been brainwashed into thinking anything out

(01:21:07):
of the ground's a bad thing to do. But the
Australian economy used to rely on the back of a
sheet that now relies on mining. Without mining, we can't
provide the hospitals and the education that Australians need. It's
just a simple argument, mister.

Speaker 2 (01:21:23):
Are you have they found the people who had a
go at him.

Speaker 10 (01:21:28):
No, and will they probably not Tarek Aub you speak
of now. The reason this story is so intriguing for
all of us is he was known as quote the
angel of Death. Now that's quite a nickname, isn't it.
He was gunned down three point thirty in the morning.
I love this how this has described. He was gunned
down as he left the apartment of a female acquaintance,

(01:21:52):
so clearly these boats have been tailing him for some time.

Speaker 8 (01:21:56):
He was involved in the death of a bloke called.

Speaker 10 (01:21:59):
Alan Moradian at Bondi Junction. You might remember those TV picus,
Remember the guy sitting having breakfast, Yes, and suddenly a
gunman turned up and let loose and shot this blot.
Well Ames killing has shot the police because he was
shot thirty times and it was such a forceful attack
on him with this fire of these firearms there was

(01:22:21):
two of them, that parts of his body were actually
dismembered as this shooting took place.

Speaker 14 (01:22:28):
Police.

Speaker 10 (01:22:29):
Look, the police don't mind crooks shooting crooks, but this
was very blatant. Luckily it was three thirty in the
morning and they're now confident they can try and track
these people down. They were driving a stolen Audi that
had been pinched about six months ago and lay in
storage until they needed to use it.

Speaker 2 (01:22:44):
It was a pleasure make go. Well, we'll see your
Friday stea price out of Australia this Wednesday morning for us.
By the way, just to wrap up Australia, they kept
yesterday highly political debate this and it dubtails into what
we've been talking about lately of international students, revenue from universities,
et cetera. They kept international enrollments yesterday two hundred seventy
thousand for next year, which will be they claim roughly

(01:23:04):
the same as this year. But a lot of the
universities who rely very very heavily on the income from
international students are ropeable. Eight forty five The.

Speaker 1 (01:23:13):
Mike Asking Breakfast Full Show podcast on iHeartRadio powered by
News Talks.

Speaker 2 (01:23:18):
A B from nine. I dug up given the beam
scandal in Auckland, probably in Wellington, various parts of Australia,
and the et scooters. I dug up the piece I
read the other day on ees scooters around the world.
London's really interesting. London. You don't bother toughest rules of
any city in Europe. Basically you can't get one because
you've got to download the app, You've got to complete
a registration process, you got to verify your age, you

(01:23:39):
got to prove your hold a driver's license, and you
then have to do a mandatory course on safe riding
before you get the first right. So you've given up
ages ago. Barcelona pretty liberal. You can ride on the
roads or cycle paths. You can travel up to thirty
k's an hour if you're on a cycle path. The
speed's innlimited to twenty five. If the cycle path is
on a cycle track or on a footpath or in
a pedestrian zones down to ten k's. Gotta wear a helmet,

(01:24:01):
got to be fifteen. If you don't follow any of
those rules, they'll ping you between three hundred and thirty
and eight hundred bucks. Paris ban them, good New York sixteen.
Nothing on the sidewalk that you can go to forty
eight k's so you're flying and you can only hire
and return them from the operator's agency. A number of

(01:24:24):
people do that. You can't just leave them on the
street the way they do here. You've got to take
them back from where you got them. Copenhagen hopeless introduce
them in twenty eighteen, banned them two years later, then
reintroduce them again a year later, so they've capped the
number got to be fifteen. Gotta wear a helmet, cannot
be rented from the central part of the city at all,
and has to be parked in designated zones. Rome. It

(01:24:47):
was an alternative to public transport in the pandemic. They
thought that was pretty good. Four people died. Very Italian,
isn't it? Get my way? Must be parked in designated spots.
It's tracked. They're all tracked, and it will charge you
and continue to charge you forever if you don't park
it back in the right place. That's an incentive, isn't

(01:25:08):
ten to nine the.

Speaker 1 (01:25:09):
Mike Hosking breakfast with al Vida Retirement Communities News TOG said, you're.

Speaker 2 (01:25:14):
Just trying to work my way through the couple of
results this morning. As we look at results season, as
they call it in the business world, precinct to a
property commercial property, net property income is up five point
eight percent. Occupancy, which is always interesting to me, is
at ninety eight percent six point six years average lease term,
which is good. Rental growth has been strong in new

(01:25:36):
office Lee steals up fifteen point nine percent, rent reviews
achieving an average of three point four percent reasonable completed
forty four Bowen Streets, capital occupancy rates now one hundred
percent complete redevelopment of Deloitte Center. That's one Queen Street
and Aukland. So that's all encouraging. So if you do,
if you do commercial property, well, in other words, it's
flash place. People are prepared paper at meridianum Meridian, the

(01:25:59):
old power. Let's see how they've done in these very
difficult times. Oh, net profits up after tax from ninety
five million to four hundred and twenty nine million. There's
a bit of hedging in there, and I won't explain that,
but don't worry about It's not that they didn't sort
of get it all from us. Ibat DAAR was up
sixteen percent. Underlying net profits up fourteen percent. Final ordinary dibdend.
This is the part I mean. Look, don't know, I'm

(01:26:21):
not anti business, I'm pro business, but it's just these
these are awkward, awkward times in this country. And when
you're handing out dividends of twenty one cents a share,
you know someone's making some money. And it's called the
investor in the investor, Well, the investor invests so they
can go and build some more dams and wind mills
and stuff like that, and they get all of that.
But it's just awkward at this particular time in the
economic cycle when there are certain businesses who are just

(01:26:42):
like going, oh, look at the money. And there are
other people, of course, as a result of that, looking
for work. Five minutes away from nine.

Speaker 1 (01:26:51):
Trending now ms Warehouse, the Real House of Fragrances, Making
your Money.

Speaker 2 (01:26:57):
Travis and Jason, who are a couple of brothers, not Oasis.
There are a couple of brothers. They're returning tomorrow for
the third season of the podcast. That's what they do.

Speaker 8 (01:27:05):
Ladies and gentlemen, boys and girls, welcome, whoolcome.

Speaker 2 (01:27:10):
Was going to bring the James. Why didn't Jason bring
jeans for Jason? You celebrated my touchdown by taking off
your shirt. This is part of the Jason Kelsey chart.

Speaker 10 (01:27:18):
I knew he had space to score a touchdown.

Speaker 2 (01:27:24):
Show me the aliens, I mean, where are they? Have
you seen more men cry up? It feels like it's complete.
It was a funance journey to watch. Oh my god,
you finally did it. What is this looked like the
thing of goonies man the.

Speaker 6 (01:27:39):
Golden baby fist dries.

Speaker 2 (01:27:43):
Look at that big, ugly baby. I'll be back. Where
is this show going to go next year? These the
Kelsey brothers. One of them plays football, one of them
used to play football. Trevis plays and he hangs out
with a woman you probably heard of. And Jason's the
guy and the brains and the one you probably want
to listen to. They've just done it.

Speaker 7 (01:28:04):
Did we decide that Jason was the better singer of
the two when they did?

Speaker 2 (01:28:07):
I can't remember. I think Jason's the better everything. He's
the better bloke, he's the better singer, he's the better podcaster.
He wasn't the better player. To be fair, one hundred
and sixty million dollar deal, this is Amazon, one hundred
and sixty million over three years. Do the math that'll
get They get the money And if you want to
pay for that, you can get it AD free. If
you don't want to get it AD free, then you
can get it on other platforms. They are the most

(01:28:30):
listened to podcast in the US and Canada. They've also
been ranked number one sports podcast on Apple in the
US and Australia, in Mexico, in Peru, the Philippines, and
the Dominican Republic. So good luck with that. Also today,
while I'm just on the subject of football of endless
interest to me, the NFL they're voting today, the owners
are voting today to open the sport up to private equity,

(01:28:51):
as in private equity firms, and they can take up
to ten percent of a team. In fact, they can
take up to ten percent. My reading of it is
they can take up to ten percent of six teams.
So football is really owned by individuals. Just they are
largely old white blokes who made a lot of money,
probably from oil, and they went and bought themselves football
team and they're all worth anywhere between six and about
ten billion dollars. And so they're trying to bring more

(01:29:12):
money into the game. And it's a fantastic game, and
it's been leveraged up the wazoo. Basketball's done at baseball's
done at Hockey's done it very successfully. So the football
are finally going to get around today allegedly wants the
owner's vote for it to bring in the private equity
money as well. It is a big, big booming business.
The wonderful world of sport, and Jason and Travis will
tell you all about it because they're sharing and the riches.

(01:29:32):
It's almost like being an investor in a power company.
Back tomorrow, Happy Days.

Speaker 1 (01:29:40):
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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