Full Show Podcast: 28 February 2025

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
New Zealand's voice of reason is Mike the mic asking
breakfast with the range Rover villa designed to intrigue and
use Tog's head be BILLI.

Speaker 2 (00:09):
You're welcome today the four year term, the warning to
the yelectricity big boys about retail deals and stacking the market.
We found another counselor taking the mickey. Yesterday it was
getting paid for not turning up. Today they do turn up,
but they're in Scotland. Tim Katie do the Week. Richard
Arnold Stateside, Murray Olds and the Mighty Australia pasking seven
past six, Welcome to the day. Couple of hardcore reality
checks this week, as a result of the arrival of

(00:31):
the Trump sequel, BP summed up the climate dilemma very succinctly.
I thought we got it wrong on net zero. We
got it wrong on net zero. Net zero has become
an unobtainable obsession, a business decision for many thousands of
companies all over the world, driven not by clear sighted
intelligence but woke nonsense and a desire not to stand

(00:52):
out from the crowd. That mad, insecure feeling you had
when you were tend in the schoolyard, not to look different,
say anything unusual, or attract a teen, as it turns out,
stays with you all the way up to the boardrooms,
who get sucked into believing that spending billions, cutting jobs,
foregoing growth would somehow lead to saving the planet. We
got it wrong on net zero, so BP are back
in the oil business because Trump said drill, Baby, drill.

(01:14):
That was a campaign slogan in an American election with
the flow on clearly that affected the whole world. And
then AID nothing wrong with aid but a Labour prime
minister in Britain cut AID to pay for defense and
the pole said he did the right thing. Sixty six
percent of Britain think there' spent too much on AID,
and when they hear a transportation system for refugees in
Eastern Europe uses a Porsche dealer and they're paying for it,

(01:38):
who can blame them? Our aid in the Pacific, until
recently largely unaudited. The idea of helping the helpless is worthy,
but the reason it never ends is because aid becomes
an industry and the helpless really get actual help. UNRA,
as a UNAID agency, have a look at their record
and see how keen you are to keep giving. It
is human nature. Most ideas start off well but blow

(01:58):
out into a combination of madness, waste, expansion, slackness until
someone comes along and says enough. The core principles of
AID and a cleaner planet remain laudable goals and ideals.
But until we can bring some discipline to the execution,
some rigid to the containment and parameters of the targets,
and some realism around what's actually practically achievable, it will
always be hijacked by the tryhards, do good as and zealots.

(02:20):
We will always make the same mistake. It will end
up needing a German election type result or a Trump
type victory to bring us back to our senses.

Speaker 3 (02:30):
News of the world in ninety seconds.

Speaker 2 (02:32):
But they have revolving world leaders in Washington today. It
is Kere of Britain.

Speaker 4 (02:36):
We are living through a very very significant moment for
our alliance between our two countries and indeed for all
the freedom loving democracies in the world.

Speaker 2 (02:51):
That's Mandelssohn, of course, who's paving the way for his
due there any second now tomorrow. Zelensky of Ukraine, the
Irish PM, by the way, met Zelensky where he hopped
on the plane.

Speaker 5 (03:00):
Value is very much to support he has received from
the United States, very strong partner to Ukraine, and I
think the engagement to track that is visiting Washington is.

Speaker 2 (03:10):
Good and it actually speaking of people on the way
to America, although to Florida, not Washington. We've got Andrew
and Tristan isn't the type brothers. Now they've been sprung
from Romania, which is not good news.

Speaker 6 (03:20):
For the UK.

Speaker 7 (03:21):
Not only has the Trump administration interfered in the domestic
affairs of Romania, but also interfered in the domestic affairs
of the UK.

Speaker 6 (03:28):
The tapes were.

Speaker 7 (03:29):
Scheduled to be extradited from Romania to the UK to
face charges of human trafficking and raide to.

Speaker 2 (03:35):
The Middle East, where more Palestinians have been released.

Speaker 8 (03:38):
For more than one hundred and fifty days. We were
subjected to the most severe beatings and humiliation. There's nothing
worse than such treatment. I was detained for a year
and only today I returned. Thank God. I'm very excited
to see my children.

Speaker 2 (03:51):
A rocket, one of Elons has taken off and on
some gear from Estrophage. Now Estrophorge are into mining stuff
in space.

Speaker 5 (03:59):
Problem is with Earth. Is that all of the good
oar sources of platinum group metal we've mined, and everything
we're looking at now is thousands of meters under the Earth.
We know this exists in space. We know it's readily available.
Our mission is just instead of going down, we want.

Speaker 9 (04:13):
To go up.

Speaker 2 (04:13):
And then to New Mexico where they found the bodies
of Gene Heckman, his wife and his dog. Nothing suspicious,
they say, they just don't know how Yet here is well,
Here he is twenty two years ago, reflecting, that's all
I ever.

Speaker 9 (04:23):
Wanted to do.

Speaker 3 (04:26):
So few people ever get what they really want in life.
It's a make believe world, and it's what I wanted
to do as a child, and I fulfilled a lot
on my dreams.

Speaker 2 (04:38):
She was ninety five. Finally, his daughter says, carbon monoxide poisoning. Finally,
what looks like our final update on Tiffany Hennott, the
mirror of dot Illinois, described by some as the worst
mirror in the country, The woman who got into that
flight at the town hall meeting a couple of weeks ago. Now,
despite saying she was going to win by a slating
a landslide, she has in fact lost by a landslide
to Jason House in Theocratic primary. Our House got eighty

(05:01):
eight percent of the boat and you didn't even get
a thousand votes. So that is the end of her.
In the end of this in ninety our Ki is
going to come back to a problem. He's got a
number out this morning that no one's going to like.
In twenty twenty four, they got the highest level of
people claiming asylum ever well since records began in nineteen
seventy nine. There were one hundred and eight thousand, one
hundred and thirty eight people who claimed asylum, which is

(05:22):
up eighteen percent on the previous year and almost twice
what it was in twenty twenty one. So there's a
problem to go home to. Twelve past six.

Speaker 1 (05:30):
The Mike Hosking Breakfast Full Show podcast on iHeartRadio powered
by News Talks EV.

Speaker 2 (05:38):
The US economy might be slowing. Jobless claims for the
weekend in Feb twenty two up twenty two thousand from
the previous week's revised level, higher than the Dow Jones estimate,
so some concerned there. I guess fifteen past six now
brom and JMI Wealth Andrew Keller have very good morning
to you. Yeah, very good morning, Bote. Let's deal with

(05:58):
some myia watering numbers and bring in in video.

Speaker 10 (06:02):
Yeah, the guy thought it was a solid result.

Speaker 11 (06:04):
I mean, you know for a three trillion dollar company.
So net income during the quarter lifted twenty to twenty
two point one billion, that's ninety one percent jump from
the previous year. They quarterly sales, they're just shy of
forty billion dollars, they were up seventy eight percent. I
demand driving that full fiscal year revenue just a mere

(06:25):
one hundred and thirty and a half billion dollars. They
guidance for the current quarter forty three billion. The data
took some interesting numbers in here. Make the data center
business now ninety one percent of total sales, and in
the last two years that has increased tenfold. So that's
you know, it's staggering really the lift of Seene in that.

(06:46):
But here's the thing, Mike. Leading into the result, the
share price was up sort of three point seven percent,
and after ours trading the market sort of liked it,
but there's been no follow through in the overnight trading.
In fact, the share price is down three point eight percent,
and I didn't think there was really anything in that
result to unsettle the market. I mean, revenue in twenty

(07:06):
twenty four more than doubled from a year earlier at
beat andless expectations. Sales growth, which remember all centers around
the Black world ship, the new artificial intelligence ship. The
only thing I can see here, I mean, we know
megacap companies are pouring billions into that. The only thing
I can see here is that those that the rate
of data center sales growth is slowing, and that does

(07:28):
make up most of the revenue. And if you're really
searching for negatives, there were some concerns over the margin
as well. Look, they downplayed the deep seek issue. Might
They basically said that even the more efficient AI models
will still require plenty of processing power in the long run.
So yeah, I'm a little bit surprised that the share
price is down.

Speaker 2 (07:48):
Now do give it? What does this mean? So we're
up on confidence, I'm thinking good, but your own activity
things down? So how do we explain this? What's going
on there?

Speaker 6 (07:56):
Yeah?

Speaker 11 (07:56):
I think this, I think what's happened here? So I
amresaid released them the business outly yesday. Good high frequency
read on the state of play context, Mike, I think
is important here because as twenty twenty four closed out,
business confidence was really lifting lots of hope around the
prospect of lower interest rates, the economy improving into twenty
twenty four. We saw a bit of sort of caution

(08:17):
come into play in January, but business confidence then has
risen four points to plus fifty eight in February, bit
of a lift expected own activity. Generally the mood lifted,
but when asked about their own activity, you know, when
usd around their own activity, that edged up only one points,
so not much there. And when, as you say, when
they talked about their past own activity, what actually happened

(08:41):
with your business, which is the best indicator of GDP growth,
that fell three points, So you've got a bit of
a mix in pricing and cost indication. I think the
Arbians that will be comforted by a bit of a
lower in one year ahead inflation expectations two point seven
to two point five.

Speaker 2 (08:56):
And Mike, the one bright spot there.

Speaker 11 (08:58):
We've talked about the Agrosector lift lifting us leading us
out into recovery while they were leading the pack in
terms of export intentions and investment intentions, and a bit
of a pullback in residential construction index. Mike, I'm speculating
the some trepidation over here of the speed and timing
of recovery, and that I think is the key mic.
We're sort of hanging onto that positive feel. But there's

(09:19):
a little bit of uncertainty. Now there's the bud where's
there's a little bit of uncertainty about the sustainability of
that bounce back and growth that we think we're going
to see in the fourth quarter of twenty twenty four.
There's a little bit of concern now or can we
follow that through? And I think there's a little bit
of realization now that maybe this is a second half

(09:41):
of the year's story, not a first half of the
year's story.

Speaker 2 (09:44):
Okay, just give it us a quick one. Is it
the perfect feed that did it? I'm looking at ten
pieces of secret recipe chicken, ten wicked wings, large chips,
large potato, and gravy at fifty six forty nine?

Speaker 6 (09:55):
Is that what did it?

Speaker 11 (09:57):
I've got absolutely no idea really, Mike about the Miniu
tie of restaurant brands, because I.

Speaker 2 (10:02):
Have to I don't need it.

Speaker 3 (10:03):
But the result looked pretty good.

Speaker 11 (10:05):
I thought net profit after tax twenty six to a
half million, up to sixty three percent, possibly a touch
below analyst expectations. Secle sales record level one point four billion. Again,
here's the result, Mike looked kind of solid. Yes, there
are some challenging conditions in Australia California, but the share
price yesday fell six percent. So what's happening now is

(10:25):
even the slightest little bit bit of a miss. And
the share markets are sort of punishing companies, right, give
me some numbers. So the US share market does not
like Fridays, Mike, because they're worried. You know why, because
they're worried about what Trump is going to say on
the weekend. So the Dow Jones it's up, it's up
point three percent forty three, five hundred and sixty seven,

(10:48):
but the S and P five hundred down a quarter percent,
five nine four to one, and the Nasdaq down over
one percent eighteen thousand, eight hundred and sixty nine. So
they worry what's going to come out of the White
House over the weekend. For two one hundred point two
eight percent gain eight seven five six, the Nicke up
point three three thousand, thirty eight thousand, two hundred and
fifty six Shangho compos it gained about a quarter of

(11:10):
percent overnight three three eight eight. The Aussi's yesterday gained
a third one percent twenty eight points eight two six
eight to close there, the insects fifty did have a
positive day eighty eight point gain zero point seventy one percent.
Twelve thousand, five hundred and forty one Kiwi dollars, but
weaker might point five six four five come down below
fifty seven cents against the US put nine oh twenty

(11:31):
five against the ossie point five four two oh euro
point four four seven one against the pound eighty four
point five six Japanese en gold weaker two thousand, eight
hundred and seventy eight dollars and brankrud behaving itself seventy
three dollars and eighty seven cents.

Speaker 2 (11:45):
Have a very good weekend. We'll see you next week.
Andre Kellerhead jmiwalth dot Co dot m Z Hosking Rolls Royce.
Not the cars, the jet engines. They also do power
systems for ships and submarines. Profit a two point four
six billion, that's pounds. It's a record. So the shares
have gone through the six twenty one EERD News Talk Zbo.

Speaker 1 (12:07):
The Vike Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks AB.

Speaker 2 (12:14):
Got some very good news on the job front for
you shortly, but keep on keeping on in the wonderful
world of Kiwi fruit seeker Big Play, Australasia's largest Kiwi
fruit producer. Of course, yields have rebounded this year, record revenue, stable,
growing conditions been a beautiful summer. I know you don't
want to hear it in the middle of the North Island.
I get all of that, but generally speaking in terms
of growing conditions have been beautiful in many parts of

(12:34):
the country. Fruit volumes are up revenue at four hundred
and eleven million, net profit at eight point eight eight
point eight million, a good year across the Kiwi fruit
and avocado industry. Yields have lifted. They got forty three
million trays Class one trays, which is up forty four percent.
Class one's the stuff you wants, the good stuff. They
enter twenty twenty five much stronger position. They paid down

(12:55):
their debt. That growers are happy, particularly if you're growing gold.
Gold is where it's at. Gold as gold I don't
know if they've thought of using that, but it could
be quite good. Gold as Gold six twenty five.

Speaker 1 (13:08):
Trending now with the chemist Warehouse the real House of vitamins.

Speaker 2 (13:13):
You don't have to pay the big bucks to the
advertising agencies. Movie a bit of history for Apple TV.
The Gorge has become their biggest film ever, they say
of all time. They say The Gorge is the biggest
film of all time, which really isn't a thing given
they only started in twenty nineteen. Are the other ironies?
They don't release actual data to prove that. They just
rely on Labour's high trust model past the previous record holder,

(13:33):
which was The Wolf's That was Brad Pitt and George Clooney,
of course, and it got a seven out of ten
on the Hoskiing Meter. The Gorge is about two elite
snipers as opposed, of course, two to half baked snipers
who stand guard over That's right, the Gorge.

Speaker 3 (13:48):
I have new orders that require me to go dark
for at least the year Maybemore.

Speaker 2 (13:54):
As an elite sniper.

Speaker 12 (13:55):
Are you presently under any private or military contract?

Speaker 3 (14:00):
No, there's not a lot of reasons for me. Right Now,
what if I gave you a reason. So what's the mission?
You keep people from going in the gorge?

Speaker 13 (14:12):
No, you need to stop what's in the gorge.

Speaker 9 (14:16):
From coming out. What the hell is that? The gorge
is the door to hell and we're standing got to pick.

Speaker 6 (14:28):
This place?

Speaker 5 (14:29):
Is evil?

Speaker 2 (14:34):
Does it sound worse because you can't see the pictures?
Miles Teller Anya Taylor Joy currently got sixty four percent
reviewers score on Rotten Tomatoes. That's low, isn't it? That's
not really good?

Speaker 6 (14:43):
Is it?

Speaker 2 (14:43):
Six four percent? Number one most watched Telly show, by
the way, is Severance. Just in case you're wondering now,
Andrew Hoggard, Minister of Food Safety, we've got a couple
of things going on here, how to improve the way
we do business in terms of our food and terms
of our development in terms of our exports. So we'll
have a look at this in the next half hour

(15:03):
of the program. Then the Minister of Energy, Simon Watson,
whether he's really materially changed anything in the power sector.
That's after seven thirty for you.

Speaker 3 (15:12):
Mike has game. We've been sateful, engaging and vital. The
Mike Hosking.

Speaker 1 (15:18):
Breakfast with Bailey's Real Estate Finding the buyers. Others can't
use togs head.

Speaker 2 (15:23):
Bes Charna's literally just arrived at the White House. It
was a fairly brief handshake. There wasn't a lot of
hugging and wrestling that went on the other day with Macron,
so just basically in Trump gave a thumbs up. Dama
was smiling. So we'll get to Richard Arnold very shortly.
Mike speaking of kiwi fruit. Now, that's an ongoing issue
and we should spend more time talking about this. We've
got Zespri on the program the other day, but they
weren't really able to help because it's not their department,

(15:44):
although it is their issue. Mike's speaking of kiwi fruit
actually got Andrew hogad On in just a moment. This
is perfectly timed. I hate the fact that they sell
Italian kiwi fruit at our supermarket. Great New Zealand Kiwi
fruit doing well. Couldn't agree more. Be nice if the
New Zealand could gets we can get. But it's a
seasonal thing. But here's the problem. We've suffered the same thing.
What you don't realize is because, rightly or wrongly, as

(16:06):
a consumer issue, you assume that kiwi fruit is locally
produced Kiwi fruit when in fact it isn't, and we
brought home this Italian stuff. And the problem with the
Italian stuff is not only is it unpatriotic to buy it,
it's crap. It doesn't taste like a kiwi fruit. It's shocking.
But you only know that when you get at home
and start eating it, so it's not like you see
it at the suit. We just need to be more
aware that when you're at the supermarket, have a look

(16:28):
at what you're buying, and if it's not the zespery stuff,
then it's somewhere else, and if it's somewhere else, it's
probably not a good twenty two to seven, Speaking of
which getting approvable for new hort and egg products should
be about to speed up, the Ministry of Regulations made
eight sixteen recommendations to MPI and the EPA to improve
our current processes. Included new time targets, which hopefully will

(16:50):
get you through the backlog of applications of which there
are some. Apparently some people have been waiting for five years.
I'm told Food Safety Minister Andrew Hoggard will it's Andrew morning,
good mind wake, how is it possible wait for five
years for anything.

Speaker 14 (17:02):
Ah, good question, and that's hopefully we'll get on top of.
I think there's just been in some of these situations,
and these are particularly with the EPA, where have just
sat there people are waiting and just massive amounts of
paperwork and uncertain as to what paperwork they've got to
produce and provide, and things keep going back and forth,

(17:26):
but of a never ending circle.

Speaker 2 (17:28):
Is this an easy fix? In other words, when you
go in there with a bomb, blow it up, simplified,
it will be rectified? Or is it more complex than that?

Speaker 14 (17:36):
Look, there'll be so within these recommendations that are going
forward now there's some. It's a good start. I've got
more that I'll be bringing forward for ACVM later in
the year or perhaps into next year. There's fever working consultation.
It's got to happen before I can bring that. And
I believe Kenny's got the same for making improvements around

(17:56):
the has No Act as well.

Speaker 2 (17:58):
Right, So as you came in from the farm to
the poisoned environs of politics, did you know all this
as a man of the land or is this come
as a surprise to you?

Speaker 14 (18:09):
On you particular for the horticultural stuff there. I'd certainly
heard of it, the concerns around the time delays, but
getting in there and seen it firsthand and seeing the
processes and how long thing to take in that was
a bit of an eye opener for sure.

Speaker 2 (18:25):
Okay, So it says two hundred and seventy two million
dollars in savings over twenty years, which is only thirteen
million dollars a year. Yes, you want to do it,
but it's hardly going to revolutionize the industry, is it.
I mean, is this actually a big problem.

Speaker 14 (18:36):
Well, give you an example. So last year there was
a potential hold up or problem with bird repellents may seed,
and this was just before I was about Amaze and
everyone else was about the Primer Maze, where there'd been
a ruling on the paperwork you had isn't good enough.
You have to go and get new paperwork, and it's

(18:57):
going to take this time. And that would have meant
there would have been no bird repellent to be able
to put in may seed anywhere around the country, and
it would have had huge impacts on you know, not
only my farm, but every other farm that grows maize
and so been. Thankfully that didn't come about and that
bird current was available. But that's sort of an example

(19:17):
of how actually holding up one of these products can
have a major detrimental impact across the whole sector. You
two seventy two million is about for the cost to
the providers of the products. There's that cost that's hard
to quantify to the farmers of this country. Whereas if
we can't use chemicals, if certain new technologies aren't available,

(19:39):
it can just make an absolute mess of our farming business.

Speaker 2 (19:42):
It's good stuff. Now do you know anything about the
New Zealand Food Innovation Network signing a deal with the
Canadian Food Innovation Network?

Speaker 14 (19:50):
No, I don't precisely. I did visit them two weeks ago,
but we didn't talk about Canada.

Speaker 2 (19:56):
Ah interesting because they've signed a deal whereby we're going
to be able to to get access to international markets
memory ending of understanding, use their expertise to get access
to international markets, faster manufacturing knowledge, all that sort of stuff.
Whose department would that be?

Speaker 14 (20:13):
Some of the stuff they operate and does come under.
So I was talking about with them around some of
the challenges they have with food safety rules and how
because they're kind of in it you know, we've got
a system that's designed to put square pegs and square
holes and doesn't recognize innovation very well. And so you know,
I was talking to them and following up with them

(20:34):
around how can what what do we need to change
in the system to enable more innovation to occur?

Speaker 2 (20:43):
Interesting, Well, chase them up on the Canadian thin because
I'm interested in that. By the way, Italian Tellian QIWI
for it. You know anything about that?

Speaker 14 (20:50):
Well, I do know that Zespriy do have license agreements
with growers and Deftly and other parts of the world.

Speaker 2 (20:58):
It's not that because we got Zespri and they said
it's not them. So it's just these these rogue Italians
that are growing this dodgy fruit. You need to be
under the Andrew.

Speaker 14 (21:08):
Well, it's a free market and we allow people to
import to our country. Song safe. I'm not the Minister
of food tastiness, just safety.

Speaker 2 (21:17):
Nice to talk to you, have good I'm not the
Minister of food tastiness. Quote of the day so far
seventeen to two. Husking Austrey has got themselves a government
and it's another one of these governments where the people
who won the election, i e. The FPO, the Freedom
Party don't get to participate, so it's a Conservative People's Party,
the center left Social Democrats and the NEOs Party. The

(21:38):
NEOs Party got to go back to their people to
get it all signed off, but that is it made.
There's a three party coalition, but the party that won
the election does not get to be involved in government.
Seems to be a trend.

Speaker 1 (21:48):
Seventeen to two The Mike Hosking Breakfast Full Show podcast
on iHeartRadio powered by News talksp.

Speaker 2 (21:57):
Mike, I'm interested in the trend of the biggest party
not getting the government. What other country did this happen?
And have a look at Germany and see what's going
on there at the moment.

Speaker 1 (22:04):
Fourteen to two International Correspondence with Ends and Eye Insurance,
Peace of Mind for New Zealand Business with Judarnald Morning.

Speaker 6 (22:12):
What do you, Mike?

Speaker 2 (22:13):
So, what have we got at the bottom of this?
Is this an accident or something else.

Speaker 6 (22:16):
It's going to take a little while, but yeah.

Speaker 15 (22:17):
Toxic fumes cobon monoxide is being initially considered a possible
cause of the death of the legendary two time Oscar
winning actor Gene Hackman. His wife Betsy had one of
their three dogs. The gas company has been called in
NAO's officials say investigations are ongoing. Gen Hapman was ninety five,
his wife was some thirty years younger. They were in
different rooms when their bodies were found. They had really

(22:40):
been seen in the last couple of decades after they
quit Hollywood and moved to Sata Fai. Yet it would
be hard to think of actors apart from Hackman, who
appeared in so many well loved movies. He was someone
with a forty year career where he was nominated for
five Academy Awards and a host of other honors, and
won two Oscars for The French Connection and Unforgiven but favored.
Hackman performances would have to be linked to the time

(23:02):
you're thinking about right. One of his first roles was
Clyde's crazy brother in Bonnie and Clyde.

Speaker 16 (23:10):
Timee ooh.

Speaker 15 (23:11):
In earlier days, he had volunteered for the Marines, saying
he wanted some real life adventure. When he returned to California,
he did some plays with a group in Pasadena, Pasadena,
where he was friends with few people except for Dustin Hoffman,
who also was there at the time. In some ways,
he seems to draw from movie stars of the past,
where they weren't models or young Celevswat drew from a

(23:32):
wider background. In nineteen seventy one, he appeared as detected
Jimmy Doyle in The French Connection, one of the most
famous car scenes ever.

Speaker 6 (23:40):
You would have to say he would go right down
the street without any crowd control and it was really scary.

Speaker 14 (23:45):
Yeah.

Speaker 15 (23:46):
An early film I remember is the Conversation about invasion
of privacy. That film quite dramatic.

Speaker 1 (23:52):
One surefire rule that I have learned in this business
is that I don't know anything about human nature.

Speaker 6 (23:57):
I don't know anything about curiosity, but the.

Speaker 15 (23:58):
Gene happening movie list and on. He said he loved
doing this work. He played well a lot of bad guys,
like his role opposite Christopher Reeve in Superman, Great Day
Superman Hackman. Had fun with all of this on screen
and off.

Speaker 6 (24:12):
He said, have little kids come up to you on
the street and say you're the evil guy, and it's
kind of fun.

Speaker 15 (24:18):
Even when he was playing the coach in Who'sias there
was energy behind his rallying of the team. If you
put your effort in concentration and the plan to your
potential to be the best that you can be.

Speaker 3 (24:27):
I don't care what the.

Speaker 13 (24:28):
Scoreboard says at the end of the game.

Speaker 9 (24:30):
In my book, we're going to be winners.

Speaker 15 (24:32):
Well, Mississippi burning Royal ten and bounds per side an
adventure and on we go. There is so much to
remember in the work of Gene Hackman.

Speaker 2 (24:39):
Indeed, so he's just arrived literally moments ago. Pressures on
him to deliver something on Ukraine.

Speaker 15 (24:44):
I guess, I guess would be the underline.

Speaker 14 (24:47):
Right.

Speaker 15 (24:48):
The meeting between Trump and Starmer is ongoing without the
arm wrestling as you mentioned, and handshake that was a
part of the American president's session earlier in the week
with the mccronin seems to be a statter for those two.
The mccron session was by the French leader publicly correcting
Trump over his country's financial contribution to the defense of
Ukraine and the Russian invasion. Not clear that Starma will
get me any further. Starma has an outset increase in

(25:11):
British defense spending, as we've been noting in recent days,
Trump has welcomed that, with the British cutting back there
overseas development, a justice Washington is doing at the urging
of Elon Musk. Of course, Stama says the US should
not make mistakes with Putin by agreeing to a cease
fire without any measures for a longer term piece. But
you wonder whether Trump is interested in any of that.
He appears already to have floated US responses to most

(25:35):
of the things that the Russians want. So will any
of that or the meeting coming up with Ukraine Zelensky
later in the week work to underpin the fading post
war US European alliance.

Speaker 2 (25:44):
Yes, tomorrow's you're going to be watching that with a
great deal event was thank you, Richard ce you next week.
The gold card deal, by the way, five million, one
of the most expensive in the world, but I think
it's going to go gangbusters. Interesting developments this morning. You
would not if you pay your five million, that's US
and when you say, PITHI, you're not giving it to Trump.
You're investing in America, of course, but you get the
green card type operation. Anyway, you would not be subject

(26:06):
to taxes on your overseas income, which is interesting And
is there interest in this? You bet the ris in
Singapore interest has gone up twenty four hundred and seventy
three percent due by twelve hundred and forty percent, Japan
fourteen hundred and fifteen, Canada eight hundred and thirty percent,
Germany four hundred and forty seven percent, the UK, Indian
and Australia a notable increases as well, two hundred and three,
one thirty eight and ninety percent, respectively. Everyone wants to

(26:28):
go to America cent to seven the.

Speaker 3 (26:31):
Mic Cosking Breakfast with the Range Rover Villa.

Speaker 2 (26:34):
News Togsdad B You're off on a tangent Mike. Parties
getting the largest share of the votes and not getting
the government as common Look at Bill English as nationally. Yeah,
you look at twenty seventeen. That's not the point. The
point is in places are Germany probably not the best
example because the AfD came second, but look at Holland
they won, Austria, the far right party won. It's the
packed by all the other parties to lock out the

(26:56):
winner of the election. That's what I'm talking about. I'm
not talking about an MMP environment where anyone gets to choose.
Generally speaking, you'd go one way or the other. It's
the pack that they all agreed in Germany, everyone agreed
not to work with the AfD. In Austria, everybody agreed
not to work with the far right party there. That's
what I'm saying. Good news, Mike on Kiwifruit been cutting
the old Red into the pack houses this week, so

(27:17):
they should be in the supermarket near you soon's that's
the big buzz in Kiwifruit. I mean, obviously the Green
and the Gold of the Way to Go and have
been for years, but this red has got some real
ooph behind it. You want a fun fact, if you'd
put one thousand bucks into Nvidia a year ago, you'd
have sixteen hundred and sixty dollars, and you go, oh, yeah, whatever.
If you'd put a thousand bucks into Invidia five years ago,

(27:40):
you'd have nineteen thousand return of eighteen hundred and sixty
three percent. If you'd put a thousand bucks into Invidia
ten years ago, you'd have two hundred and thirty six
thousand dollars. If you put it into Invidia one thousand
dollars when it went public back in nineteen ninety nine
and you thought, oh this could be good, you'd have
five point three million dollars. Hey, that's the value of

(28:04):
foresight as opposed to hindsight. Five minutes away from seven.

Speaker 3 (28:10):
All the ins and the ouse. It's the fizz with
business fiber. Take your business productivity to the next level.

Speaker 2 (28:17):
Right jobs A to odd. You got good news and
I'm a man who delivers. So the numbers out this
morning for January, job adds up four percent month on
Month's strongest growth in six months. First time it's been
positive in the last six months, so that's good. Applications
for job up two percent, but that's slowing. In other words,
you know, yes, it's still up, but not as much
as it has been. Year on year, ads are still
down seventeen percent, so we got a ways to go.

(28:38):
Every region except Taranaki saw job ad growth month to month.
They were down eleven percent. What's going on in the Naki?
Tasman highest number of job adds up eighteen percent, Marlborough
twelve percent, O Targo eight percent O Targo. You guys,
you're only one percent down year on year, and that's
because Denedan's the new christ Judge. For a while, everyone
wanted to go to christ is still a heard about
the crime rates and then suddenly they went, oh, well,

(29:01):
mars Well, carry on down to the need and see
what she looks like there. In terms of numbers per capita,
Auckland up five percent, Canterbury up seven percent. That's the
most volume because you've got you know, numbers, you've got people,
got population. Only three sectors saw negative growth. You can't
have negative growth, it's it's negative and growth. That doesn't anyway.
Legal down seventeen, insurance and super down sixteen, accounting down

(29:22):
three percent. The most job demand was for call centers
and customer services workers up to thirty one. Eighteen percent
increase on consultants, but we got rid of those. I
thought there was a I thought we're clamping down on
the consultants. So all of a sudden eighteen percent increase.
What's going on there? Eighteen percent each for education in retail,
science and tech, human resources, recruitment, farming double digit growth.

(29:44):
So there are jobs out there, no question about it.

Speaker 13 (29:47):
Well, what's the opposite of growth if you can't have
negative growth, shrinkage? Right, yeah, So I thought that was
just people's nicking stuff.

Speaker 2 (29:54):
Shrinkage has increased, is what you should say. So we're
going to talk about this business of power, Simon. What
is with us after seven thirty gave it the what
for to the gen Taylor's does this make any difference?
We're going to talk to a person in the business
of retailing power. Is this a material change to the
power game? Will you notice the difference?

Speaker 9 (30:12):
More?

Speaker 3 (30:12):
Shortly news, opinion and everything in between?

Speaker 1 (30:18):
The mic hosting break Best with Vida, Retirement Communities, Life
Your Way News togs Head.

Speaker 2 (30:24):
B seven So a finger wagg or is it more
than that? For the gent tailors in our power sector?
The big four Meridian, Contact, Mercury and Genesis told to
play by the new anti discrimination rules and simple terms.
You can't cut a better deal with your own retail
outlet than you do with anybody else. Electric Key we
CEO who eberts with us morning, Good morning mate.

Speaker 6 (30:41):
You like it?

Speaker 17 (30:43):
Yeah, it's fair to say that. Yeah, this is what
we've been fighting for. A livel playing field will mean
sharper pricing. It will mean that investment will happen and
we should see more affordable energy for all New Zealanders,
which is just absolutely brilliant.

Speaker 2 (30:59):
Do you think they'll play all or fight it or
fudge it?

Speaker 17 (31:04):
Well, you know, I think that there will be some
pushback would be crazy to think not. But you know,
I think all the gentellists think about the long term
benefits to New Zealand of greater competition. This is it
just about the short term or protecting their patch. This
is about really getting our economy going and delivering affordable

(31:25):
energy to all New Zealanders.

Speaker 2 (31:27):
As a gent Taylor argument, you know, forget what wats
have said for now should they be split.

Speaker 17 (31:34):
You know, we're really happy that the energy regulators are
going down this pathway. But if these rules, even if
they're in force, if they don't deliver those competition outcomes
for New Zealand, then absolutely we should keep going down
that pathway through the options that they're presented all the

(31:55):
way through the separation.

Speaker 2 (31:56):
Okay, a lot of people texting me on the idea
that all they do is bump up the fal to
their retail arm. In other words, they fudge it and
therefore there are offering you what their retail arms offer it.
But it's not as trimmed as it could be.

Speaker 17 (32:09):
No, there's really strong evidence that the bird gent tailor's
retail arms are being cross subsidized by extremely high profits
and generation, and those extremely high profits and generation because
supply has been kept on a knife edge.

Speaker 1 (32:26):
For so long.

Speaker 17 (32:28):
So yeah, we we believe that would these new regulations,
that having equal access to those deals will create really
great competition and bear outcomes the New Zealanders.

Speaker 2 (32:42):
I'm not going to hold you to it, but so
much power bills four hundred dollars a month and you
get a new deal, what could you do it for
three ninety nine, three twenty two fifty? What's the difference?

Speaker 17 (32:52):
Hey, well, yeah, I can't. I couldn't tell you that
right now, but I do know that. Yeah, the pricing
that we see versus what the internals are getting as
significantly higher. So we should be able to offer better deals.

Speaker 2 (33:10):
Fantastic sooner the bit. It nice to talk to you.
Who are about? Who's the electric key? We CEO? We'll
talk to simon. What's up to seventh thy, the energy menace,
the ten minutes past sevenscar other stuff that's unfolding in
front of our eyes. The old four year term debate
is back. The government is part of the coalition deals
introducing legislation. So if that's past, we'll then go to
a binding referendum, which we haven't had before in this country.
So what chance it passes, and if it does, what

(33:32):
would it mean for local government? Local government? New Zeeland
presidents in broughtin's with a Sam very good morning to
you right now. I know you guys want four years.
Does it have to dubtail though? I mean, does it?
Can't we do an Australian you know, like federal and state.

Speaker 10 (33:46):
It makes sense to do it together. I think the
three year term that we've got at the moment means
we've got a year of disruption as we get into
an election, we have a year of settling after an election,
and then we have one good year of doing work.
So I think we'd probably double the productivity of both
central and local government with a four year term for both.

Speaker 2 (34:02):
We have voted on this before and we've rejected it.
Is there anything to indicate that if we did vote
again it would be any different?

Speaker 10 (34:09):
Yeah, We've done some research which showed actually there was
good support for local government to transition to a four
year term, and even more supportive of the government itself
moved to a four year term as well. So I
think mature from the views that we might have had
twenty or thirty years ago. And yeah, look forward to
having a referendum, having the discussion, and if we move
for central government, we do need to move for local
government too.

Speaker 14 (34:29):
You can't.

Speaker 2 (34:30):
You can't argue with democracy if we vote, and we vote.
But having said that, see I mean the ultimate argument
though is look to the Wellington City Council. They're incompetent.
Would you want four years of them? Look to a
really good council, you would want four years of them?
So how do you square that circle?

Speaker 10 (34:44):
I think part of that's making sure we've got the
best people in our community stand in for council and
we get more people engaged in voting. If you know
that it's going to be there for four years, then
we need to see a greater voter turnout and people
taking local government elections a bit more seriously.

Speaker 9 (34:56):
I think you're right.

Speaker 10 (34:57):
We do want to see people and a good government
and for four years or more. And that's you know,
you're want a best case scenario, not just always beg
yourself to get it wrong and then we set ourselves
up to fail all the time.

Speaker 2 (35:10):
A couple of things, while I got you, do you
know the Arab part of Reuben's story out of Ashburton?

Speaker 7 (35:15):
No?

Speaker 2 (35:15):
I don't know, right, so he's on the Fane dash
Burton District Council Water Committee. He doesn't turn up to
any of the meetings and he still gets paid money
and nobody's going to do anything about it.

Speaker 10 (35:25):
What's that about the Canterbury water management strategy. I think
that's what you're talking about here. We hit the zone
committees ay, and they're in a review state at the moment,
So the local councils and Eken are working through what
the future of his zone committee should be. Some love
the way that things are at the moment, and others
are look into.

Speaker 2 (35:45):
That's the reason they're giving for paying this guy eight
thousand dollars for not doing anything. Is paying people eight
thousand dollars not to do anything acceptable to local government
New Zealand.

Speaker 14 (35:55):
I don't know the situation.

Speaker 2 (35:58):
I've just told take it to you. He doesn't turn
up and he gets paid not to turn up.

Speaker 10 (36:03):
I think we expect to pay people to do a job.

Speaker 2 (36:06):
So yeah, And the other one we've got this morning
is Horror Fanua. Do you know about the Horror Fanua
situation with the bloke in Scotland?

Speaker 14 (36:13):
No, I don't say.

Speaker 2 (36:14):
Okay, So he's a local councilor. He's been elected and
he's he's not turning up anymore because he's moved to Scotland.
But he argues he can be a good local councilor
and Horror Fanua from Scotland, do you reckon that's acceptable?

Speaker 10 (36:26):
I think we need some greater accountability of done what
we expect from our elected members. And as pleased to
hear the government talk about a code of conduct review.
That's part of it. But yeah, I think we were
elicted to local government. You expected to turn up and
here you say, and be a part of a democracy.

Speaker 2 (36:43):
Glad to hear it. Sam, you have a good week
in Sam Broughton, who's the local government president. It is
thirteen minutes past seven past getting guff as whips Starmer.
First thing he's done with Trump? Guess what he's done
with something he's linked this from the Japanese guy the
other day. Macron's not popular because he's thick. So first
thing Starmer does is he goes, hey, would you like
a state visit? Come and meet the king, and he
goes I've already had to state visiting. Goes Now I

(37:03):
have a second one, come and meet the king because
you met the queen. Last time we've got a king.
Do you want to come and meet the king? You
start bucking in palace and goes oooh. You think they're
getting on well already, fourteen past the.

Speaker 1 (37:14):
High asking Breakfast full Show podcast on iHeartRadio, Power by
News Talks.

Speaker 2 (37:19):
It'd be governments get booted after three years while good
government gets six to nine years. Why change the risk,
take the risk. It's not a bad point. I think
I'd probably favor that to be fair. Sixteen minutes past seven,
quick rep at the Luxe and sojourn into Vietnam. Deals
have been signed, the dollars may well flow. Jason Walls
as whether it's Jason Morning, good morning, make the tangibles.
What have we got out of it?

Speaker 18 (37:39):
Well, you'd have to look at this and say the
biggest thing, and I know you're going to laugh and
it sounds pathetic, but it's a comprehensive strategic partnership with
the Vietnamese government. Now it does sound like something that
Jacinda Ardern has thrown together. You just slap comprehensive at
the beginning of it, and hey, prestoh, you've got yourself
a press release. But this one is actually quite significant.
Vietnam's structure in terms of its government is very inextricably

(38:04):
linked with its business side of things, so to get
anything done on the business side, you actually have to
get things done on the political side. So this puts
us within There's only ten other countries that have this
specific agreement, and I've been talking to a few people
in the business delegation here and they actually are saying
it is going to help drive business and help get
Kiwi businesses into the market, into the Vietnamese market. Apart

(38:27):
from that, you know, it was raining MOUs yesterday and
the day before as well. So there are quite a
few of those in terms of you know, aut and
Vietnam University collaborating on computer science and AI and a
few other ones like that, but I would say that
comprehensive strategic agreement is the biggest one.

Speaker 2 (38:43):
Fantastic. A lot of people have been texting me sort
of laughing at Vietnam, and I think that's unfair because
Vietnam is a major growth economy and they've done some
Is that obvious when you wander around the place.

Speaker 6 (38:54):
Oh?

Speaker 18 (38:54):
Absolutely. I mean I've been to Vietnam with Ardern. I'm
now here with Christopher Luxon. It's only been two years
and you can actually see the growth. I mean, whether
it's in Hanoi or ho Human City, every time you
come here, there is just a palpable sense of growth.
I mean they've been growing at at least five percent
year on year for the last what was it ten
fifteen years? They've got one hundred million people here. Because

(39:18):
of this sort of communist capitalist structure, there is opportunity
for growth. And listen, they like Kiwi products. They love
the Kiwi fruit, they love the New Zealand beef and lamb.
So if we can get more of that into the market,
it's a win win, and I think it's absolutely something
that governments should be targeting.

Speaker 2 (39:34):
Right now, I got a pop quiz for you, Jason.
You're ready for a pop quiz?

Speaker 18 (39:37):
Oh it's one in the morning over here, mate, Not really,
but let's try it.

Speaker 2 (39:40):
Any So, I'm going through the MP's expenses at the moment,
and I've found one. I'm not going to name names
at this early stage, but I found a magnum of wine.
But now answer me this question. Can you, as an
MP legitimately claim laundry on the taxpayer.

Speaker 18 (39:55):
If it costs over five hundred dollars, and I think
you can. That's if it puts it into the expenses.
I mean, if you're overseas and you've got a suit
that you need to clean for the next day, you
can put that on your credit card. I would say,
you've got it to declare it. It's got to be
over five hundred.

Speaker 2 (40:10):
Dollars because I've gotta I've got to. I've got a
cabinet minister who's running hundreds and hundreds of dollars of
laundry through So I'm just trying to work out this
is not a look, I'm just having a fun Friday thing,
but it seems like he's like he's doing a tremendous
amount of laundry.

Speaker 18 (40:25):
If it is, if it's a trade minister or a
foreign minister, I would say maybe if they're overseas they
need it's not.

Speaker 2 (40:32):
It's a domestic minister and he's in charge of portfolios,
he's in charge of Give me a clue, so listen
to this. What am I doing? I'm hammering? What am
I hammering?

Speaker 1 (40:46):
Building?

Speaker 2 (40:47):
Building, closing? Housing?

Speaker 6 (40:50):
Housing?

Speaker 1 (40:51):
Is it?

Speaker 2 (40:51):
Bishop Bishop?

Speaker 18 (40:53):
Oh, he's Wellington based as well, so he has a
he's close enough.

Speaker 2 (40:58):
Interesting, Well, we'll look up, we'll look into that.

Speaker 6 (41:00):
You go to bed.

Speaker 2 (41:01):
And I must congratulate you, Jason, thank you for staying
up and doing this live, because Sammy wanted you to
pre record earlier, and I said, to make it easy
on you. I said, bugger that he's there on our dime.
He stays up and he turns up, and well done
for doing that. So I appreciate that very much.

Speaker 18 (41:15):
I didn't know the pre recorder was an option, but
you're welcome.

Speaker 2 (41:21):
Last time he's ever on the show. Jason Wall seven.

Speaker 1 (41:27):
The Make Hosking Breakfast Full Show podcast on iHeartRadio Power
by News Talk Seppy.

Speaker 2 (41:35):
No, it just Glenn makes a very good point. They've
had the yellow chairs this is the White House, but
they're not or haven't televised. Maybe the live bits later
on we'll we'll find out. But he hasn't been in
there along though, as my thinking, he's probably getting the
tour and all that sort of stuff. You see Trump
turn up the other day there was a tour of
the White House, which I'm very lucky enough to have done,
and he turned up. There's a corridor. It's a very

(41:55):
unusual place to the White House. There's a lot of
sort of tunnels and corridors. Anyway, there was one of
those tours on and then all of a sudden, from
behind the screen turned up Trump and they just started
chanting Trump, Trump, USA, USA, And he said Mulaney has
spent a lot of time lately organizing that the tour
is just a perfect tour.

Speaker 13 (42:12):
And I thought, I thought she went home and then
only just came back the other day.

Speaker 2 (42:16):
Doesn't mean that what he said was true, Glenn. It's
I keep forgetting that because he then went on to
say he looked at the guys doing the tree, said
you give them a special tour. Now the tour won't
have been any different, but they'll think they're on a
special tour.

Speaker 13 (42:29):
Is it smaller than it appears?

Speaker 2 (42:31):
Very much? So, Like it's like so much smaller than
an appear as you think, how do they get around him?
I've been in I've been in the yellow room, in
the green room and stuff, and it's barely bigger than
a lounge. You think you would have thought they would
have built maybe some extensions, but they haven't gone there.
Turned out to mark the week a little piece of
news and current events it's as popular as a five
million dollar gold card to America now mineral seven. Ze
Lensky had the White House tomorrow to sign. Tell me

(42:53):
the downside of that? What is the downside of that?
For goodness sake? Andrew Bailey three hypothetical he did resign.
It's a sad business. Is it a sackable offense?

Speaker 9 (43:01):
No?

Speaker 2 (43:01):
Does it put people off entering politics? I would have
thought so. But when you call somebody a loser and
grab an arm, can you survive that? Well, that's the
reoffense that was suckable, I think, wasn't it. Law and
Order eight are the violent crime stats and the new
detainment powers are tangible evidence of progress in the right direction.
Special Economic Zones six. I get it, but it's got

(43:22):
a what about me too? Vibe? Hasn't it really? Marsden
and the Rebuild two? I mean, that's what's wrong with
coalition deals, isn't it. They indulge in folly TMU three.
We're were spending more there and less domestically. Never underestimate
the power of cheap crap. Torri Farnour one. Canceling her

(43:42):
ZB slot is the beginning of the end. Canceling ZB
slots doesn't tend to go well for voting patterns. I
speak from experience. Are the Warriors seven yeh unbeaten in
the off season and severely ordinary blow up bat wielding
raiders to tackle first up correct BMW and Mini stalling
production on the new EV version. Why the real world

(44:04):
Mercedes seven increasing production and investment and engines? Why the
real world BP seven cutting investment in green stuff and
spending more on drilling for oil. Why the real world
are the tourism spent eight? Now we're almost back. It's
six lost years, sadly, but think the Good Lord were
almost there. The Farmers seven Info Metrics yesterday they're report

(44:26):
telling us the economy growth is going to be driven
by rural New Zealand. So God bless the farmer once again.
Housing confidence six they call it a house buying sweet spot.
Manufacturing confidence seven back to expansion spending seven up in
every region.

Speaker 6 (44:41):
Stop.

Speaker 2 (44:42):
I can't take all this good news. That's the week
copies on the website and seventy six percent of the
writers of this are replied to the email on what
five things they did last week? Husky, Yeah, no, I'm
not looking to steer a trouble on a Friday. But
Bishop and the here's the other thing about Bishop, so
that this is the published stuff on what they're spending
their money on elone croissant. And he likes the shwept soda.

(45:02):
Now I can't work out whether it's soda as an
American soda, soda as an any old sugary drink, or
whether it's soda water. I've got him as dry ginger
Ail personally. But he likes the crossants and he likes
the drive ginger Ail. And he's doing a tremendous amount
of laundry. Couple of bills from Europe over one hundred euros,
but some tremendous. It's almost like he's got a family

(45:24):
of eighteen that he's doing the laundry for. And let
me tell you who bought the magnum of what? And
this is the other thing. Do I congratulate them for
their taste on the wine they bought because it's very
good wine? Or do I scold them for going what
two hundred and fifteen dollars for a bottle of wine?
Who is this details?

Speaker 3 (45:42):
Shortly that's The New Zealand's home for trusted news and views.

Speaker 1 (45:47):
The Mike Hosking breakfand with the range rover be La
designed to intrigue and use Tom's dead bees.

Speaker 2 (45:53):
I reckon Rod's right, I reckon Starmer on the international
stage is little short of a genius and looking at
the yellow chairs, and he is one conducting the conversation
and leading it two rubbing Trump as he says so
in a way that he's basically saying, Trumpy, Trumpy, I
love you, I love you.

Speaker 13 (46:13):
Actually pulled the cheer around I.

Speaker 2 (46:15):
Think he's pulled the cheer around Trump's foot. Looking him visually,
he's full. Look, he's a hand on shouldering and how
many times have you touched the guy?

Speaker 13 (46:21):
And also because they're not face to face, like they know,
he's pulled side base and now look at him.

Speaker 2 (46:27):
So Starmer's leaning back, he's got his leagues crossed, he's
chuckling away. Donald's having the time. But anyway, he's done.

Speaker 19 (46:33):
The United Kingdom is a is a wonderful This is
a wonderful country that I know very well. I'm there
a lot, and I'll be going. I'll be going there,
and we expect to see each other in their future.
We'll be announcing it. But we're going to be discussing
many things today. We'll be discussing Rushia, Ukraine, we'll be

(46:54):
discussing trade and lots.

Speaker 3 (46:57):
Of other items.

Speaker 19 (46:58):
And I think we can say that we're going to
be getting along on every one of them. We've had
a tremendous relationship.

Speaker 2 (47:04):
There you go, and he is done.

Speaker 20 (47:05):
Honess shoes like hukraying. Thank you for changing the conversation
to bring about the possibility that now we can have
a peace deal. And we want to work with you
to make sure that peace deal is enduring, that it lasts,
that it's a deal that goes down as a historic
deal that nobody breaches.

Speaker 3 (47:22):
And we'll work with you.

Speaker 2 (47:24):
There you go, so far, so good, and of course
Jolynks keep coming tomorrow right bring it back here twenty
two minutes away from Timmy Keddy after it. Of course,
the power business heading to another winter a place increases
in coal impilortation. Mike Ran from Marillion yesterday talk to
a lack of excess to the contingent storage. Meantime, the
government gave the hard word, as you're aware of the
gin tailors to tidy up there deals with the retail

(47:45):
arms and not stack the market anyway, Energy Minister Simon
Watson's with us.

Speaker 21 (47:48):
Good morning, very good morning, Mike.

Speaker 2 (47:50):
Greg Corey broad question, how worried about winter are you?

Speaker 21 (47:54):
I am worried, Mike. Situation is pretty acute. I think
most people know it's pretty dry out here at the moment.
Levels are lower than what they were at this time
last year. We still haven't got gas supply. That means
that it's going to be a tight winter and that's
why as minister, and you know, three weeks into the job,
I'm doing everything we can to make sure that we've
got secure and affordable energy. But it's pretty tough, is.

Speaker 2 (48:16):
What you said yesterday to the gen tailor is going
to make one jot of difference If we can't supply
and meet demand, well, it is.

Speaker 21 (48:24):
Going to make a difference in the medium term. The
challenges is for this winter, and you know that's what
you know, a key element of focus in other areas
is But what we're doing yesterday, it's a strong signal
to the market. We want to see more competition. We
want to make sure that you know they're playing on
a level playing field, sticky with independent retailers, that they're

(48:44):
not discriminating against other players, and you know the Regulator
is going to be consulting on those changes in the
next eight weeks and bottom line, you know, we need
to be doing everything we can do to keep the
lights on this winter and for winters ahead.

Speaker 2 (48:59):
Did you say what you said yesterday because you needed
to say it or just fill some headlines? In other words,
are they scurlous and are now going to have to
tidy their act up? Or were they decent players? Anyway?

Speaker 21 (49:10):
Now look like the circumstances are changed. You know, we
seem to I think talk about this. We seem to
have talked about this every winter. We need some action
and we need to see everyone playing their part. We
need more generation investment. Gen Taylor's play a key role
on that. But we also need a competitive market. And
you know, I've had concerns alongside Minister Jones that we

(49:32):
don't have assessings right, and the Regulator have come in
and said things need to change, and we're up for
that challenge, and I think that's a good thing.

Speaker 2 (49:41):
We have the Meridian bloke on yesterday who said one
of several things he needs greater access to the contingent supply.
Now you're going to tell me, that's not in your domain.
It really should be, shouldn't it. Why can't he get
access of We've got water and it's eight hundred dollars
at the spot price. Why can't we get access to
the water?

Speaker 21 (49:59):
Yeah, and look, I meant with Meridian, probably three dal
days into my role. The key issue is certainty around
that contingent supply, and the uncertainty is actually priced into
the market. I accept that the sector needs to know
when and how much of that contingent supply that it
can access, and I know that the regulator and I've
asked the regulator to specifically look at this and get

(50:19):
back to me. It's not within my powers as a minister,
but I can tell you what in regards to the
government doing everything it can, you know we're leaving no
stone unturned and to secure energy this winter, that's going
to include contingent hydro storage if needed.

Speaker 2 (50:35):
When you say the regulator, is that the EA or Transpower,
Well it's actually.

Speaker 21 (50:38):
A combination of both. But yes, Transpower and the Electricity
Authority play a role around that contingent storage.

Speaker 2 (50:44):
What is it the EA do, Because in watching the
last winter at eight hundred dollars a pop, they seem
to be sitting on their hands.

Speaker 21 (50:53):
Well, look, we've had I've had a number of conversations
pretty straight up with all of the players in the market,
including our regulators, and saying status quo is not acceptable.
We need to see increased competition and you know, obviously
the regulator plays a key.

Speaker 1 (51:07):
Role in that.

Speaker 21 (51:08):
So we're having a number of conversations at the moment
to make sure that everyone is aligned up with what
needs to have.

Speaker 2 (51:16):
But conversations don't turn the lights on. Are they pushing
back against you? And will you need to do something
about that?

Speaker 21 (51:23):
Look, I think what you saw yesterday in TIMS the
announcement so the regulator was a strong signal that they
have recognized clearly that we need to do more, and
we need to do more in the competition front. That
pressure is very high at the moment on everyone and
you know, we're continuing to have those conversations. But the
end of the day, you're right, we need to see
action and we need to see some changes flowing through

(51:46):
and as minister, that's my priority.

Speaker 2 (51:47):
Well, good luck with it. We're going to be on
your case, Simon. What's the energy minister? It is eighteen
minutes away from Mate. At this stage, I hope it
works and I hope that's enough. But the stage has
got the old Nikola Willis talk about the supermarkets and
the bank a lot, but really do nothing about it. Vibe,
speaking of the banks, have got something good on that
for you. In a moment, Mike, will the government consider
a subsidy for solar and homes? Why would they don it?
The government can't pay for literally everything. Do you belong

(52:10):
to the Principal's Federation or something? You want free lunches?
Let me come back to that in the moment. Anyway,
you can get an interest free loan from the bank
if you want to go sol and Mike, I would
have thought, apart from anything else, with the price of power,
the temptation to go solar would never be greater, Mike.
Earlier this summer, the South Island hydro lakes were spilling
water because of lake levels were so high. Why are
they now reporting lower levels than last year? Wolf? Think

(52:31):
about it. It's called evaporation and usage. So you know,
at the moment you've got a bucket, the bucket's overflowing,
you've got to spill it. So once you've spilled it,
you've still got the full bucket, then what are you
doing with the full bucket? You're using it. That's called demand,
and after a while you get evaporation. It doesn't rain
to top up from the demand, then the lake level
goes down.

Speaker 13 (52:50):
That's a good idea, though we should have got some
people there with some buckets.

Speaker 2 (52:53):
Maybe maybe, maybe we're sure to buckets. Maybe that is
the problem. Let me come back to the school lunches
because I'm so sick of the sixteen away from it.

Speaker 1 (53:00):
The Vike Asking Breakfast, a full show podcast on iHeartRadio
powered by the News.

Speaker 2 (53:05):
Talks at B where At is sitting away from it.
It's question time on the yellow chairs.

Speaker 1 (53:11):
Do Prime Minister I have to choose a closer relationship
with the EU it's here seeking and a good trade
relationship with you.

Speaker 9 (53:16):
Which one you go?

Speaker 19 (53:17):
Well, I think we have just a great relationship. We
actually had a good relationship before. We've met a couple
of times, and I'm very impressed with him, and I'm
very impressed with his wife.

Speaker 3 (53:27):
And I say, she's a beautiful, great woman. And I said,
I said, you're very lucky. He's very lucky.

Speaker 19 (53:37):
And no, we've had a very good relationship.

Speaker 2 (53:40):
Goodness sake, do I go school lunches or do I
go laundry and HDMI cable? So I'm going cables.

Speaker 6 (53:50):
So on the.

Speaker 2 (53:50):
Expenses, I've got to give it away. The wine primad
On a wine, a magnum of pin and Wir from Pegasus.
Very nice wine, very good wine. Nicola Grig bought that
I'm assuming for a gift. Two hundred and fifteen dollars.
This is from the MP's expenses. Interesting things. Mark Mitchell,
he doesn't escape our attention this morning, called Marky, Marky,
Marky a lot of food and drink. Mark a lot

(54:12):
of food and drink, including sixty dollars one night on
the old mini bar.

Speaker 13 (54:17):
Well, as we know, that's about one bag of nuts
from him.

Speaker 2 (54:20):
Well exactly. I mean, there's that value for money. I
think the Minister's going to be asking himself that question.
Todd McLay, I'm assuming these are all gifts given EA's
the trade minister. Forty one dollars of glazed sprouts in Dubai.
Although having said that, if I was in Dubai and
I saw some glaze sprouts, that go, jeez, what are
they glaze sprouts?

Speaker 9 (54:36):
I have some of that.

Speaker 13 (54:37):
I don't think they come in any other way and
do I.

Speaker 2 (54:39):
Think that's probably true. Minuka honey bottles their gifts, aren't they.
I'm from New Zealand have some Minuka honey bottles chocolate
Kiwi fruit? Is that cliche?

Speaker 9 (54:47):
Really?

Speaker 6 (54:48):
Are they doing that?

Speaker 13 (54:49):
So we've got the green, the yellow, the red and
now chocolate.

Speaker 2 (54:52):
It's a very good question. Yes, say that was from
the International airport though, So he's on the run through.
Melissaly is not even a minister anymore. But I assume
she did this before she got dumped. Amy Sandwich Kumra chunks.
Come on, Shane Jones. Now if you know the history,
you'll know why this is Shane Jones. Nothing Court once,
never want to get caught again. Paul Goldsmith, This is

(55:14):
so Paul Goldsmith four hundred dollars for a twelve month
subscription to Otter. What's that? It's an AI voice to
tech service. Of course it is Paul Simon Court. Now
he goes the Burger Fuel and he orders the slow
cook smoked pulled beef. Doesn't like tomato because he gets

(55:35):
the tomato removed. Picky, Picky, Picky Judith one hundred and
seventy nine dollars for an HDMI cable from JB Hi Fi.
Got a Max gold beer and some fries at the
Big public House. A Max Gold beer and some fries.

Speaker 13 (55:54):
Well that's all right, isn't it.

Speaker 2 (55:55):
No four seventy five to five twenty five at night
for some accommodation in Brussels. That's cheap. Multiple receipts, multiple
for salmon. Chris Bishop eight hundred dollars on laundry and
the aforementioned Swip soda. Wait till I get the Prime

(56:15):
Minister on this is Schwip soda acceptable? Prime Minister? Yes
or no?

Speaker 13 (56:22):
I mean, what do you expect that you're expecting to
go like Value house brand? I mean.

Speaker 1 (56:31):
The Mikehosking breakfast with Bailey's real estate news talks.

Speaker 2 (56:35):
They'd be shiving away from it. If you thought the
our mate Atapata on the Water Zone committee in Ashburton
was a good story. How about the Hotophanua District's Rogan Boyle,
who is serving as constituents these days from Scotland Council
of Boil unlike Ariparta, has of course been present at
the meetings, but he thinks that Zoom's a good, good
way to do that. District Mayor Bernie Wanden with us
on this Bernie morning, Good morning.

Speaker 14 (56:56):
Wow.

Speaker 2 (56:56):
How long has this been going on.

Speaker 12 (56:57):
For Castle Oil, if New Zealand late October?

Speaker 2 (57:02):
Right? And did anyone know he was leaving the country
or well.

Speaker 12 (57:05):
We're whispers that he was leaving the country, but nothing
official had been received by myself to say he was
going to be away for any length of time.

Speaker 2 (57:13):
No, do you need to do that? Or can you
just leave the country and stay out of the country
for as long as you want?

Speaker 12 (57:19):
Well, it would be courtousy. I suppose to advise the
council that he is leaving for some extended time. Council
Boyler has always said that he didn't know how long
he was going for. It was possibly going to be
only two or three months, but you know it could
be extended, and it looks like it has been extended.

Speaker 2 (57:39):
Are there any rules around this or not?

Speaker 6 (57:42):
Not?

Speaker 12 (57:42):
Really, No, the rules let the councilor zoom into a meeting.
It doesn't say how long that should be for, so
the rules are a little blurry if you like, in
terms of that. So what he is doing is okay.
All he has to do is really seek approval on
me to be able to attend the meetings by Zoom

(58:03):
And did you then.

Speaker 2 (58:04):
That's what he's been doing and you give that permission
each time?

Speaker 6 (58:08):
Yes, I do.

Speaker 12 (58:09):
I don't see any reason why I shouldn't do that. Ultimately,
though I suppose this is more an ethical values principle
rather than following the rules or not.

Speaker 2 (58:21):
And how does he serve as people?

Speaker 12 (58:24):
Well, he believes that he can serve as people by
maintaining contacts through social media, emails, etc. We've encouraged him
to seek his constituents' views on that because they may have.

Speaker 6 (58:38):
A different view.

Speaker 2 (58:38):
Of course, he can run a poll on TikTok.

Speaker 6 (58:43):
He could.

Speaker 12 (58:44):
I've been pretty consistent on saying to him that he
needs to advise us one way or the other whether
he wishes to continue to Zoom or he resigns. But
ultimately that's his decision. But I certainly don't support personally
him continuing what he's doing at.

Speaker 2 (59:04):
The moment, nor should you. Is he standing again?

Speaker 6 (59:05):
Do you know?

Speaker 12 (59:07):
I don't know that for sure, but yeah, ultimately, again
that's his decision.

Speaker 2 (59:13):
Doesn't pass the pub test, does it? Probably not? No?

Speaker 12 (59:17):
But you know this is a different where we live
in these days. Look, the demands on councilors are extreme,
and I believe that there should be some flexibility and
alloning counselors to operate in the best way they can.
As I said, this is ultimately his decision and whether
he believes he's doing justice to the role by operating
overseas at the moment.

Speaker 2 (59:38):
I suppose the upside is if he runs again, the
people will have their say. Bernie appreciate that, Bernie Wandon
Horriforu a district council mayor. So your blokes in Scotland
and our aparty doesn't turn up and still gets paid.
Nobody wants to do anything about it. And Mark's at
the mini bar and Judith is ordering salmon, Nichol is

(59:59):
on the ma Kingdoms. She's a crazy old country. Isn't
it a news for you? In a couple of moments,
and then Kate Hawksby in term Wilson will do the
work here as news talks'b.

Speaker 3 (01:00:09):
You setting the agenda and talking the big issues.

Speaker 1 (01:00:17):
The Mike HARKing breakfast with Bailey's real estate, finding the buyers.

Speaker 3 (01:00:22):
Others can't use dogs dead.

Speaker 6 (01:00:23):
Be I remember.

Speaker 2 (01:00:31):
The Sam's not here from a favorite books, Mike. When
you look at how little our politicians are paid, who
can blame them for using their expense accounts for work
related expenses? Just for the record, just be I'm not
outing these people in terms of some sort of scandal.
There is no scandal here. This is publicly available information
that comes out periodically in a transparent process that keeps

(01:00:54):
us informed as to what these guys are up to. So,
I mean this is all legit. I mean, I assume
and funny. Yeah, highly amused. That's why we're doing Samuel late.
Now here's the problem. So what's happened with Sammy? Do
we have the gifts of the guests?

Speaker 8 (01:01:07):
Oh?

Speaker 6 (01:01:07):
You did it when?

Speaker 2 (01:01:09):
Now this is a douge.

Speaker 9 (01:01:10):
Moment, isn't it?

Speaker 2 (01:01:12):
Listen, this is a douge moment. So Tim's here, Tim,
good morning, good morning. And Katie's here, good morning, good morning. Right,
So who wring you this morning?

Speaker 6 (01:01:22):
You clean clean because you'd dispect Sam on some fruitless coffee?
How much did that cost? Where are the expenses?

Speaker 2 (01:01:32):
Well that's our money, Katie, HiT's the money you gave Sam.
So it's us who's paying for it. Don't don't try
do you reckon I've gone through the budget. Well we'll
transfer it to Sam. Sam says no, but we can
transport some transfer some more tomorrow. So my point begging,
if you're here on here and I'm here on here

(01:01:53):
and Glen got you up, what does Sam do the week.

Speaker 1 (01:01:58):
Review with two degrees bringing smart business solutions to the table.

Speaker 6 (01:02:03):
Yeah, no, no, no, you're arguing, you're arguing to get
your own damn Coffee's.

Speaker 2 (01:02:08):
The here's the problem. Here's the problem. Think you said,
thank you, here's the problem. The problem is we're trying
a new outlet this morning because we want to spread
ourselves around the market. So normally we go to Scratch
and we had quality issues with Scratches, you'll remember, and
they supplied a they supplied they supplied a backup which
which was a massive improvement. But there's a new place

(01:02:30):
called Melbur which and this is where and this is
me me coming to Sam's aid. I said, Melburgh, he said,
Sam said, he said, what about Melburn. Let's try over there.
But Melburgh distance wise, is further away from Scratch And
I said, whoops, you're going to be pushing it. And
what we found out this morning is it's too far
because Sam didn't get back.

Speaker 13 (01:02:47):
And to be fair, it was a bit of a
late decision.

Speaker 2 (01:02:50):
Was a late decisions made. Well, the decision was made
about two minutes past eight.

Speaker 22 (01:02:56):
Oh, that's crazy that he's done unbelievably Well, yeah, I
think he has.

Speaker 2 (01:03:01):
I think he has.

Speaker 6 (01:03:02):
I'll taste this look does does feel a bit like
a hypothetical though.

Speaker 2 (01:03:06):
Can because that does feel like hypothetical. You're quite right,
and we need to cut to the chase.

Speaker 1 (01:03:10):
That was zig Week in Review with two degrees fighting
for fear for Kiwi business.

Speaker 2 (01:03:15):
Got to give them value for money because God knows
why they spend money on this. Ziggy Elbert's New Love
is the name of the album. Do you know Ziggy
Albert's Caddie?

Speaker 5 (01:03:23):
No?

Speaker 2 (01:03:24):
Okay and me neither? What about you, Tim Never? I
mean I know Ziggy Marleyberts. This is a more random
crap that Glenn's found twelve tracks. He's Australian, he wrote
it all around the world, but he got back to Australia,
the East Coast of Australia, and he's got twelve tracks
and thirty and a half minutes.

Speaker 1 (01:03:41):
So not a Week in Review with two degrees bringing
smart business solutions to the table.

Speaker 2 (01:03:46):
Now, what do you reckon?

Speaker 6 (01:03:47):
This is what happens. This is what buck, It is exactly.
This is what happens when Glenn he's paying us back
for having to call us up because you dispatched Sam
on this fruitless coffee.

Speaker 2 (01:03:57):
It's not fruitless because I've got my coffee.

Speaker 22 (01:03:59):
Yeah, how was the Melbourne Medium Black?

Speaker 2 (01:04:01):
Melbourne Medium Black is a very good it's a highly
competitive product. What do we pay for that? How much
is it ten ninety for me and Jace? I paid
for Jason? I think you'll need to transfer more money
Jason had. Now this is what's going on. This is
basically we are wigas because Jason was in the control
room earlier. And Kerry, who does the nine to noon show,

(01:04:24):
she was dispatched to get Jason's coffee and she brought
back he has a seven hundred and fifty mil medium
flat cappuccino SWI Lata. It was just disgusting, absolutely disgusting.
Now where are we at with the expense accounts, Katie?
You're at your observation of the expense accounts this morning
and the Pegasus Magnum prima Donna.

Speaker 22 (01:04:49):
Of course they're not buying that for themselves. You know,
of course they're not, Well.

Speaker 2 (01:04:54):
What's Chris Bishop doing on this laundry? Is he doing
his himself for somebody else's Well, they have.

Speaker 6 (01:04:59):
A certain don't they.

Speaker 1 (01:05:00):
They're titled to spend.

Speaker 6 (01:05:01):
Do they.

Speaker 2 (01:05:02):
I don't know, This is the point. No, I don't know.
Jason Caban and he said, well, what's your computer doing
at home? My print my special printer at home? You said,
let's get that back straight away because I didn't pay
for that. So suddenly I'm now in the expense is
gun because I raised this embarrassing issue on air.

Speaker 22 (01:05:20):
Yeah, but like them, you do a lot of work
from home from home. The majority of your day is
spent working from home. So that's what they're doing. They're
working out on the road, they're working over you know,
that's what they've.

Speaker 6 (01:05:30):
Got to do. And they'd be aware that these expenses
would be visible.

Speaker 2 (01:05:35):
So I think that's what I'm saying, have someone, I
don't think there's a scandal here. It's just I mean,
even though they're published, and I can understand one blokes
at Burger Fuel and dueis eating a lot of salmon
and Mark's raiding the mini bar, it still doesn't explain
Chris's gargantuan laundtry Bill. I mean, no one else is
doing the laundry like Chris is doing. So if they're
all out in the road doing the job, how come

(01:05:55):
Chris is laundering like this?

Speaker 6 (01:05:56):
Noted sympathetic? You're a clean free you should be more
sympathetic myself.

Speaker 2 (01:06:02):
I mean, should I if I get a printer at
home from Enzi?

Speaker 5 (01:06:05):
Me?

Speaker 2 (01:06:05):
Should I? Suddenly? You know, I've got a very nice
cash mere top on. It will need a hand It'll
need a hand lawnd And why don't I just charge
that to the company.

Speaker 6 (01:06:12):
Well, that's not a bit business.

Speaker 22 (01:06:13):
You see. I'm going to defend Mark because I think
he's the future leader of the National power here.

Speaker 2 (01:06:17):
Oh no, no, no, no, not after this week, come on.

Speaker 6 (01:06:21):
Yes he will be.

Speaker 22 (01:06:23):
And so what I'm saying is I start my very
early campaign for Mike Mitchell for PM. Is he probably
worked late. He didn't he had to skip dinner and
so he needed to just have some nuts out of
the mini bar.

Speaker 2 (01:06:33):
Do you think it's nothing get a meal? Yeah, okay,
I have.

Speaker 6 (01:06:37):
I have heard that he has been working quite hard,
like up to midnight every night. So and I think
a lot of politicis you know, a lot of these
plow It's long, grinding hours. So so I'm not I'm
not sure about I'm not sure about the campaign for
Mark to be Leader of the National Party.

Speaker 9 (01:06:55):
I don't.

Speaker 6 (01:06:55):
I don't think. I feel like CRYS will move on
for it, Chris Lax and I will move on from this.

Speaker 2 (01:07:00):
Do you fear to be fair? To be fair? Tim
to Katie, she was on the Mark Mitchell campaign early
on before Luxo came along, and so she's been She's
got a thing about Mark has done for years. And
do you know why why, I'd.

Speaker 22 (01:07:13):
Explain why, because he's affable and front facing to the public.
It's very hard to dislike him because he talks like
a normal human. He comes across as a man of
the people. Luxon's still too corporate. He appears to me
to be uncoachable and that he just cannot seem to talk.
He's got to give you his you know, rehearsed bullet points,
and so he seems removed from humanity. You've got to

(01:07:36):
be human and that's why I back Mark.

Speaker 2 (01:07:38):
Sam just said he doesn't have an opinion on politics Wednesday.
Sam's undermining him here is now on our own show,
which is extraordinary to here. But nevertheless, I mean, I
thought it was a good slot. But Sam saying he
doesn't even have an opinion. For goodness sake, he's raiding
the medi baron. He's got no opinions? How can you
back him for the prime ministership.

Speaker 22 (01:07:56):
I'm what I'm most concerned about this morning is the
key with for it because I've been in the suder Mark.

Speaker 2 (01:08:00):
Talk this morning.

Speaker 17 (01:08:01):
Here's the thing we don't get.

Speaker 6 (01:08:02):
Why don't we do?

Speaker 22 (01:08:03):
I don't understand why don't we get the choice? Yes,
you can bring in some Italian keepy for it if
you want.

Speaker 1 (01:08:07):
Where's the New Zealand?

Speaker 6 (01:08:08):
Yeah?

Speaker 2 (01:08:09):
Why do we not have the you raise a very
important point? Brief break more in the moment to Willson
Kate hawksby.

Speaker 1 (01:08:14):
The Mic Hosking Breakfast Full Show podcast on iHeartRadio powered
by News Talk.

Speaker 2 (01:08:19):
Zippy News Talks seventeen past eight.

Speaker 3 (01:08:24):
The weekend review with two degrees fighting for Fear for Kiwi.

Speaker 2 (01:08:28):
Business to me, what's in the kids lunches today?

Speaker 3 (01:08:32):
In the kids lunch it's the.

Speaker 6 (01:08:36):
Boiled eggs and some other stuff. I got, I got
it started, my bride picked it up because we're a team.

Speaker 2 (01:08:42):
So okay, is it, broadly speaking, the same thing each day?

Speaker 6 (01:08:47):
No, it's not, because we get pushedback. So you've got
a you've got alternated but I did butterfly toast yesterday.
Butterfly toast is toasted bread, butter veggie mit and some
cheese melted.

Speaker 2 (01:08:59):
And where's the butterfly? I come in.

Speaker 6 (01:09:02):
You cut it, and you cut it and shut it
nice shapes rather than day.

Speaker 2 (01:09:07):
So it's a butterfly okay, because maybe then the principles
have a point if you do something different every day
because you get pushed back. In my day, we just
had the same thing every day. It was what it was.

Speaker 6 (01:09:19):
In my day. Like we used to get so we
get the dog sausage at the beginning of the week,
and when the dog sausage ran out, we'd get raisins,
our sandwiches.

Speaker 2 (01:09:28):
Lunch and sausage. Whatever happened to lunch and sausage. You
get two slices of white bread, you get the lunch
and sausage, and you wack a bit of tomato sauce
on it, and there's your sandwich, lunch and sausage.

Speaker 22 (01:09:41):
Just give everybody colon cancer for lunch disgusting.

Speaker 2 (01:09:44):
Well, I haven't got colon cancer. Look at me, I'm
drinking coffee. I've got the number one radio show in
the country, and I lived on lunch and sausage sandwiches.

Speaker 22 (01:09:56):
I think you get to a certain age where you
can't You can no longer start sentences with in my day.

Speaker 2 (01:10:02):
Because it's too far away. Yeah, that's true. I do
worry about that. Can I also say I was just
thinking about my dry cleaning bill for my cashmere top.
Have you seen the video of Matt.

Speaker 6 (01:10:12):
Heath spelling spelling coffee all over the desk? Yeah, it's
so what's.

Speaker 22 (01:10:19):
Still allowed in your studio?

Speaker 2 (01:10:20):
That's that's my Well, that's my ongoing issue with management
running and I'm not running an authoritarian enough show is
the point, because my argument with management isn't going down well.
But here's the first thing. There's two points about Matt Heath.
One one of the first things he did when he
spilled his coffee in my studio was take his top
off and wipe it up. Now, that to me is
just the most random response to a problem.

Speaker 6 (01:10:44):
But have you seen any sent it? Then he sent
it to Chris Bishop to get laundon that's true.

Speaker 2 (01:10:50):
He's probably got to cover it off by Chris, but
he's he's just.

Speaker 22 (01:10:54):
Used to getting his kid off. That's his go to,
just went and.

Speaker 2 (01:10:57):
Get Well, that's my next point. If you look like
if you look like him, why would you take your
top off? Have you seen he's in shocking shape shape?
I cannot say, can't go why not?

Speaker 6 (01:11:12):
Here's the here's the here's the deal. I just got
to say, you're you're rinsing the PM for not not
showing agency. Where's where's where's the where's the agency shown here?
Where's where's the where's the is he in Jason's office?
What's the what's the timeline?

Speaker 2 (01:11:30):
What is the process currently underway? Yeah? No, I can't
answer that to be fair today, Defense.

Speaker 13 (01:11:38):
And Tyler apparently the grievances go both ways. Just have
to listen to this.

Speaker 2 (01:11:42):
I'm just looking over the rubbishman here, and Hoskin doesn't
the rubbishman when he leaves because he's too chopped up
little bits.

Speaker 3 (01:11:47):
Of lemon in here. Yeah and so, and I understand
he's on some kind of lemon detox or something.

Speaker 8 (01:11:52):
Yeah, you can't leave frat and the band come on,
So we put that one to be apart apart from
the lemon slices in the rubbish.

Speaker 3 (01:11:58):
We might bring that up with management.

Speaker 2 (01:12:01):
About that, all right, No citrus, but didn't it. No,
they've got a very good point. I should empty the
rubbishan after my show. I empty the rubbish ban for
the whole day every morning, but I should also empty
the rubbish bean after my show as well, which would
then mean I'd empty the rubbishman on a twenty four
hour cycle three times, which I think is about two
times too many for you.

Speaker 22 (01:12:21):
Should be invoicing inded me for a cleaner's fee as well,
on top of your.

Speaker 2 (01:12:26):
Apparently I've been told we pay for cleaners. They've just
never been seen. They're very much like that guy on
the Ashburt and Water Committee. They keept the money, but.

Speaker 6 (01:12:32):
They don't turn up County Scotland. Yeah, they're actually doing
it by zoom from Scotland. It's all fine.

Speaker 2 (01:12:39):
It certainly looks like that. If you said to me, hey,
have you seen the cleaners there in Scotland, I'd go
actually not surprised as it turns out. Anyway, Nice to
see you guys. You have a lovely weekend. We'll catch
up next week to every Friday morning on the Mike
Hosking Breakfast Day.

Speaker 1 (01:12:52):
Twenty two, The Mike Hosking Breakfast with a Vita Retirement,
Communities News Togs Dead be Mike.

Speaker 2 (01:12:59):
The expenses chair to so below your normal standard. No,
when you go high, we go low. That's what that's
my motto. Looking for winner worthy deals. Chemist Warehouse is
here to help. So we've got unbeatable deals on everything
you neque.

Speaker 6 (01:13:12):
What do we got?

Speaker 2 (01:13:12):
You can go and store online, of course. If you
want massive range of summer bargains, you got your Vitamin's Cosmetics, Fragrance,
Household Essentials, Neutral Life range by the way, currently twenty
percent off. If you're looking to reduce the wrinkles, and
who isn't grab yourself the Olay Regenerous micro sculpting cream
and rub it all over yourself fifty grams from Chemists
Warehouse only forty two ninety nine, while you then grab

(01:13:32):
yourself a high smile electric toothbrush now just forty seven
to forty and beatable. Chemist Warehouse March Catalog officers go
to win nineteenth of March, so you get a couple
of days left. Don't freak out and remember in addition
to visiting the local chemist warehouse, you can order online
and click and collect to save time, or choose fast
delivery for same day home delivery teaes and seas and
charges apply. This is chemist Warehouse, great savings every day

(01:13:54):
asking remind me to tell you about Crackerjack morning, Mike,
I just heard you do most of the work at home.
Are with your work printer. Somewhat odd from someone harping
on about people doing work from the office. You make
a needlessly aggressive point at this time on a Friday,
But there's something in there. Now, let me tell you

(01:14:16):
about my day. My day starts at three, and it
goes here until nine, and then I go home at nine,
and then when I get home, I start working again
about eleven, and I work through until sort of the
end of the day. I reckon, I do a twelve
our day, So I can't be here all day because
no one likes me here. And so if I just
hung around all day, they'd go, why is he? I mean,

(01:14:36):
they wouldn't say.

Speaker 13 (01:14:37):
It to him. Why rubbish beIN's sticking of lemon.

Speaker 2 (01:14:39):
Exactly, and they go, why is he still here? So
I've got to go home. So there's nothing I can
do about it. Winston Peters lots of sports jerseys, but
they're gifts, so that's good. Penny Simmons, now this otter
Ai thing that Goldsmith started, she also spent four hundred
on the otter Ai, but she spent another two forty
for a start to have it as well. That to

(01:15:00):
buy one, get the second one discounted type of option,
but the best one, the best one by so far.
It doesn't matter. I will have for you after the news,
which is next, News Talks.

Speaker 1 (01:15:11):
Ed B, the Breakfast Show, Kiwi's Trust to Stay in
the Know, The Mic Hosking Breakfast with al Vida, Retirement Communities,
Life Your Way, News Talks head B.

Speaker 2 (01:15:23):
Just to wrap up our extensive investigation into MP's expenditure
this morning, Erica stand for three thirty five for an
airport transfer from the Gold Coast to Brisbane. We talked
about this off air. Sammy was a bit worried about it,
thought it was high. I said, it's a long way
from the Gold Coast to Brisbane. It's an hour and
a half. He said, should could have gone Uber and
he asked are they allowed to go uber internationally? Which

(01:15:44):
I thought was an interesting question. She also likes fijar
and apple juice, Louise Upston door dash order, Carl's Junior hmm,
a Philly cheese steak, double Bigangus combo with Cope zero
and some extra onion rings. Surely, if you know this

(01:16:06):
is going to be made public when you order, you
think when this has made public, does this look good
for me? Simon Watts is the winner though, and by
so far it doesn't matter. I was momentarily excited earlier
on this morning with Nikola Griggs, Magnum of Pinin, WI, which,
by the way, should point out Pegasus is in her electorate,
so God bless her for supporting local business. Simon Watts

(01:16:28):
spent three hundred and twenty two dollars I wish.

Speaker 13 (01:16:32):
I'd on a mobile generator no Ah.

Speaker 2 (01:16:34):
No, on his weekly powerbill.

Speaker 23 (01:16:37):
No.

Speaker 2 (01:16:38):
I so wish I knew this information. I had him
on earlier on today, three hundred and twenty two dollars
on two flag spreaders for his ministerial office. Not just
one flag spreader, but two flag spreaders, which indicates to
me there's a shed load of flags in Simon Watt's office.

(01:16:59):
Three hundred and twenty two, So basically, you're telling me
there one hundred and fifty bucks of fleet spreader, which
is not bad as long as they're locally made and
not imported from team twenty ten minutes away from nine.

Speaker 1 (01:17:07):
International correspondence with ends and eye insurance. Peace of mind
for New Zealand business.

Speaker 2 (01:17:13):
Mate Murray Olds is with it?

Speaker 9 (01:17:14):
How are you? Yeah, good morning, Mike.

Speaker 23 (01:17:16):
I'm reminded of that English MP was caught having taxpayers
repair his moat.

Speaker 2 (01:17:22):
That's right, remember that, that's right exactly. Well, when your
mote goes, as you well know, Murray, when your mote goes,
you got to fix it.

Speaker 5 (01:17:29):
Now.

Speaker 2 (01:17:29):
I was watching the Senate Estimates, as I'm sure you
were too, and did those guys in their uniforms from
the Navy trying to explain how it took somebody and
how to work out what was going on just over
the way in the water.

Speaker 9 (01:17:42):
What are shambles? You know what? To remind me of,
I did see. I didn't watch the Senate Estimates.

Speaker 23 (01:17:47):
I know you were trawling there, so I was going
to rely on you for the information about this, the
contemporaneous information.

Speaker 9 (01:17:54):
I did see the news though, and it looked like Dad's.

Speaker 23 (01:17:56):
Army this captain mannering at Corporal Jones and was just
just as shambles. There's three Chinese warships sailing on the
coast opening fire. But it took a Virgin Airlines captain
flying past alert people. Oh excuse me, they're popping off
shells down there.

Speaker 9 (01:18:14):
The very funny.

Speaker 23 (01:18:15):
Uh, there's an outfit over here called the Batuta Advocate.
It's a it's a spoof newspaper and it said the
New Zealand Navy deployed it's blow up canoe and two
stout and trippid sailors. They rode out in the middle
of the taskma to alert the Australians. I mean, it's
just well, what's going on? Are the Chinese going to
warn us when they when they come down here and

(01:18:36):
start letting off stuff?

Speaker 6 (01:18:37):
For real?

Speaker 9 (01:18:37):
Are they going to warn us? Are they? I mean,
what the hell are they doing in Canberra or in Wellingcoln.
What's going on now?

Speaker 2 (01:18:43):
It's a very good question. Was it males or charmers?
I can't remember which one said? Ah, it's it's okay
because it wasn't an urgent thing.

Speaker 9 (01:18:49):
It was just like, oh it was Miles, He's come
out where's my quote here? The Defense minister.

Speaker 23 (01:18:56):
He was asked if the delay in getting notification indicated
any flaws in the could he possibly comment on a
possible inadequacy or not.

Speaker 9 (01:19:04):
No, there's nothing to see here.

Speaker 23 (01:19:05):
It's an example of how we've been able to surveil
the Chinese warships. We've been watching them and we'll keep
doing so until they leave. Well, gee whiz, I'm sleeping
much more easy at night knowing that Richard Marles is
on the case.

Speaker 2 (01:19:18):
How far down through the Northern Territory do you reckon
they'd get if they were good?

Speaker 9 (01:19:24):
I mean, it's I mean, here's the thing. They don't
need the Northern Territory.

Speaker 23 (01:19:28):
All go to do is knock out communications in Sydney
and Melbourne and Brisbane.

Speaker 9 (01:19:32):
And we bug it.

Speaker 2 (01:19:33):
Yeah, yeah, we've got a bit of weed. We I
must say we got. It's it's interesting to watch the
whole change of the world and Starmers and Washington as
we speak, and he bumped his defense spending and you
guys are looking at the same thing, and it's it's
interesting how the world has changed, hasn't it all of us?
Because we've got nothing. Of course, you at least have
a navy. We've got next to nothing, and we've got
a couple of little, you know, aeronautical things that we

(01:19:54):
send up periodically. But we've got to wake up call
on this actually speaking which quantas are they back in
a big way? Because that was a reasonable profit all
things considered, isn't it one hundre percent?

Speaker 23 (01:20:05):
Absolutely? You got rid of Ellen Joyce, got the brand
new female and much was made of the fact that
Vanessa Hudson's in charge all the first female boss of
quadis well, what a job she's done on the back
of that Alan Joyce she was. It's the first there
were half year profit. There was one point four billion
dollars before tax, after tax, nine hundred and twenty million dollars,

(01:20:25):
customers up by ten percent, Domestic airfares strong, and of
course price is strong as well, so a nice divit
into for shareholders. It's the first since covid mic, the
first profit in six years. The share price shot up
by seven point one percent. And as I say, Jet
started pretty well, domestic travels strong, international travel still coming back.

(01:20:48):
But I think it's fair thats pardon me, it's fair
to say that Quantis does ever spring in its step,
but it didn't have twenty four hours.

Speaker 2 (01:20:55):
They still got the reputational issues that every Australian I
know hates them.

Speaker 23 (01:21:01):
Yeah, that's probably a bit strong. The fact of the
matter is, once upon a time, Connus was the only
game in town. Now there's probably twenty international carriers we
can choose from, and it's only a simple question of
hopping online. And you just you know, I mean, more
people are shopping for price point right, and you want
to go to London.

Speaker 9 (01:21:19):
You can get to London for twelve.

Speaker 23 (01:21:20):
Hundred bucks return on some carries, and you're really going
to go with Quantus with three thousand bucks? No, I'd
rather have the extra cash to spend in the pubs
in London. We'll get you at least three beers and
it bangers and mash. God, London's expensive.

Speaker 9 (01:21:33):
Isn't it?

Speaker 5 (01:21:33):
Just?

Speaker 2 (01:21:34):
I know when I was at the club, I thought
it was the Gun and Tonics.

Speaker 9 (01:21:40):
What happened? And the monical polishing service is finished? Dreadful, horrible?

Speaker 2 (01:21:47):
What I didn't like this week? I'm assuming you read
it in the Sydney Morning here all. I don't know
what the matter with some of them. I'm assuming to
them that ran it. This dustn't thing with this housing.
So Dunton over the years, and it is over many
many years, it's twenty or thirty years, has owned a
lot of how and he's bought and sold houses and
he's got some in a trust where I may a culprit.
Fair Enough, he didn't supply some of the paperwork in

(01:22:08):
the early part of the two thousands properly, so fair enough,
I get that, But there seemed to be this overarching
just because he's done well, somehow he's no longer fit
to be prime minister because he might have a few
dollars And I can't stand that.

Speaker 23 (01:22:22):
Yeah, it's ridiculous. I mean, here's somebody who you know
he's made a quid. He wasn't born with a silver
spoon in his mouth. He was a Queensland copper, bought
his first house with his dad when he left school.
And back in the day it wouldn't have been that
expensive if dad had a few bucks set aside. What
better way to set your son up to make a
few quid in the real estate market. So these days

(01:22:44):
he's a multi multi, multi millionaire.

Speaker 9 (01:22:46):
But big deal.

Speaker 23 (01:22:47):
So it was Turnbull. He was worth seventy or eighty
million dollars? Are you going to knock him out of
serving the country because of that? I would rather have
someone who's actually achieved stuff, wouldn't you.

Speaker 2 (01:22:56):
I couldn't agree more. We had a prime minister where
we had a prime Minster. We have a prime minister
who's moderately wealthy, and he may have come in a
couple of months ago. He goes, they were talking about
the cost of living. He goes, you know, his wealth
came up and he goes, look I'm sorted, I get it.
And everyone sort of jumped on him as though somehow
by being successful you're no longer qualify to be prime minister.

(01:23:17):
And yet others like Turnbull seem to get away with it,
didn't they. I mean, it was just accepted he was wealthy,
and no one seemed to bother. It seems to depend
on who you are.

Speaker 9 (01:23:27):
Well, yeah, look there's a fair bit of that. Don't forget.
You'd never see that story in the Murdoch Press. Over here.
I have dear Dunton have a few quid.

Speaker 23 (01:23:34):
Yeah that that Stys busy pumping Dutton's tires up for
all it's worth. But I mean, look, the fact of
the matter is both sides out of here have dirt
units operating behind the scenes that are trawling through everything,
every email, every old letter, every invoice, every bank account
they can get their sticky little paws on, and they're
bringing up this dirt, these dirt files, and both sides

(01:23:55):
are producing them. They're going to see a whole lot
more between now an election day. And it wouldn't surprise
Mike either this weekend to see the Prime Minister Anthony
Elbaneasy drive out along the driveway Yara Lumla in Canberra
name to the Governor General to call the election.

Speaker 2 (01:24:12):
Because I was going to say, I was going to
ask you that very question. Because they're talking April five
or twelve. He's got to get on with it because
I mean, that's only a six week campaign.

Speaker 23 (01:24:20):
You've got to have thirty three days under the constitution
between calling the election and the election date. That's the minimum.
So you're right, the calendar does indicate that it's going
to be early April five or twelve. He has to
get cracking and this weekend is firming up pretty strong.

Speaker 2 (01:24:35):
Got on your mate, go well, always a pleasure to
have you on the program. Murray Olds the Mighty Murray
Olds out of Australia every Friday morning on the Mike
Hosking Breakfast fourteen two, the.

Speaker 1 (01:24:43):
Mic Hosking Breakfast Full Show podcast on iHeartRadio.

Speaker 3 (01:24:47):
Howard By News talks at be.

Speaker 2 (01:24:50):
You missed the real issue on Dunton, No one cares
about the houses. Well that's not true. But he bought
bank shares two days before the Australian government guaranteed banks
back in the middle of the GFC. Yeah, no, no, no,
I get all that I had. I don't think that's
a big diggal either. And funnily enough, he didn't actually
make He owned a lot of properties over the years
with his father and a family trust, and there was
something like thirty properties over twenty ish years, and he

(01:25:10):
made over that period of time in terms of profit,
about six million dollars, which if you divide six million
dollars by twenty years, it's about two hundred fifty thousand
dollars a year, So it's not actually that much money.

Speaker 7 (01:25:19):
Mike.

Speaker 2 (01:25:19):
Would you rather have a PM who knows how to
do stuff or some left wing looney who's so inconfident
caun't rub two cents together. I tend to agree. It's
not my issue. I mean, it's just that people get
exercised about Luxon. The only reason I raised Luxen and
the Dutton issue was because I was reading yesterday about
John Key, who was I mean, we all seemed he's
worth many times more than Luxner's and we never seemed

(01:25:40):
to bother by it, were bothered at all by it,
and we knew he was wealthy, but we didn't seem
to make a thing of it. And news in the
paper yesterday talking about his brand new helicopter, so good,
God bless him for having a brand new helicopter, and
I would too, because, quite frankly, his first one was
rudez little gumby one million dollar thing that looked like
it was going to fall out of the sky. But anyway,
so he's gone and bought a proper helicopter and H
one thirty, which is a beautiful helicopter. But no one goes, ah, yeah,

(01:26:04):
ratch prack, did they? So if Luxon came on this
program and went, I'll tell you what, I've been flat
out just back from Vietnam, couldn't wait to get back
and get him the helicopter. Oh, I bought a helicopter
the other day. If he said that we'd go mental,
wouldn't we We'd go what ratch Prack's it seems to.

Speaker 13 (01:26:19):
Be if he was using the helicopter instead of the
air force plane. Yeah, maybe, very good point.

Speaker 2 (01:26:26):
By the way, speaking of money banks, so I see
competition here, right, And for all of Nikola Willis's problems
about lack of competition and banking, I see competition kiwibank
at the moment they announced their run profit yesterday, their
profits down a little bit, but not bad. They see
better times ahead. In the latter part of the year.
They've been increasing the lending at double the rate of
other banks. Deposits grew at one point six times fastest.

(01:26:46):
So they're doing business. That's competition, right then, yesterday SBS
four point three nine percent for first time buys, lowest
in the market four point three nine. Everyone else the
major bank's four nine to nine. And so everyone's going, oh,
it's not acceptable the way the major banks are behaving, right, fine,
go somewhere else. Well where can you go? SBS four
point three to nine? Why are you taking four nine

(01:27:07):
to nine with US four three nine If you're a
first owned buyer. That indicates to me for all the
aanks to around banks that there is actually competition and
they're out there competing. And if you look at Kiwibank's numbers,
people are prepared to move banks. So do we actually
have an issue or not? Eight away from nine.

Speaker 1 (01:27:23):
Them Mike Hosking breakfast with the Range Rover of the
line news togs.

Speaker 2 (01:27:27):
Head be unmistakable silhouettes, characteristic falling roofline, continuous waistline yes,
and the floating roof effect. This is the fabulous A
vote from Range Drover to carry the DNA. Range Drover
designed DNA forty five years of innovation and refinement, no
compromises that all that got the plug in hybrid electric
range up to sixty one k's rapid DC charging and
the vote continues to lead the way with the interior

(01:27:48):
tech as well. It's all good inside unobstructed view with
the most comprehensive suite of camera technology in its class,
Cleocite rearview three D surround camera with cleosite ground view.
That's brilliant, by the way, because that gives you the
three hundred and sixty degree view obvious surroundings. You don't
know how it works, you're doing it and you go,
how does this work? Doesn't really mean you can see
where you're going, easy imaneuvering. The Evoke's cabinetir purification plus

(01:28:09):
that monitors and controls. The equality promotes the well being, heightened,
the alertness, the immersive meridian sound's got to be heard
to be believed. And then til the end of March
thirty one March, the Evoke peap comes with free f
next home AC charger. So you think, oh, I've got
to get a charger problem, solve plug it in at
the end of the day, take on tomorrow, visit your
local retailer today, charge into the future with a fabulous

(01:28:30):
rain drob Evoke asking Warner Brothers Discovery internationally. Given they're here,
it's worth talking about. They've added six and a half
million global streaming subscribers around the world fourth quarter, so
they did one hundred and sixteen point nine million subscribers
now max is their flagship service, two point six five billion,
up five percent. They're looking at more sport. They lost

(01:28:50):
the basketball, so they're looking at baseball. The French open
college football in the National Hockey League four minutes away
from nine.

Speaker 1 (01:28:58):
It's trending now with chemist wells keeping Kiwi's healthy.

Speaker 2 (01:29:02):
All year out spreeaking of things to watch. This has
just been announcedowns Ago.

Speaker 13 (01:29:08):
Hey, magic Merrit. Who's the fairest of them all?

Speaker 3 (01:29:10):
Why Shrek? Of course you, Dado mom in light. Who's
making this stuff?

Speaker 23 (01:29:19):
Me?

Speaker 16 (01:29:22):
Shrek Fire starring Mike Myers, Ernie Murphy, Cameron Diaz and
Zandah Dawn Only in theaters Christmas twenty twenty six.

Speaker 2 (01:29:35):
Fantastic.

Speaker 9 (01:29:35):
I love it.

Speaker 2 (01:29:36):
Do you know why I love Shrek? Because one of
the trips I made when I worked for TB and
Z and I flew business class was too Los Angeles
to meet Andrew Adamson on the very first Shrek. And
there was this unknown New Zealander called Andrew Adamson, and
he was working on this thing that no one had
ever heard of called Shrek. And he turned out to
be a lovely guy. And the movie turned out to

(01:29:58):
be so successful that made five and counting. So there
we go.

Speaker 13 (01:30:02):
Yeah, so we do only have to wait till Christmas
twenty twenty six to go.

Speaker 2 (01:30:05):
The Warriors easy, yeas. And we'll talk about that on Monday.
And we wish you a very very happy weekend and
as always, happy days

Speaker 1 (01:30:16):
For more from the mic Asking Breakfast, listen live to
news talks that'd be from six am weekdays, or follow
the podcast on iHeartRadio

All Episodes

Episode Transcript

Popular Podcasts

40s and Free Agents: NFL Draft Season

Dateline NBC

The Bobby Bones Show

.css-15opob5{left:0;position:absolute;top:0.8rem;} All Episodes

.css-14f5ked{margin:0;word-break:break-word;display:-webkit-box;-webkit-box-orient:vertical;box-orient:vertical;-webkit-line-clamp:2;overflow:hidden;}Full Show Podcast: 28 February 2025

Episode Transcript

Popular Podcasts

.css-r6mb8g{margin:0;word-break:break-word;display:-webkit-box;-webkit-box-orient:vertical;box-orient:vertical;-webkit-line-clamp:1;overflow:hidden;}40s and Free Agents: NFL Draft Season

Dateline NBC

The Bobby Bones Show

All Episodes

Full Show Podcast: 28 February 2025

40s and Free Agents: NFL Draft Season