Full Show Podcast: 30 January 2025

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Your source of freaking news, challenging opinion and honored facts.
The Mike Hosking Breakfast with Bailey's Real Estate Finding the
buyers others can't use togs.

Speaker 2 (00:10):
EDB Welcome today. Might have some good news around the economy.
Certainly got some good news around apples and Canterbury. We're
going to celebrate the news. Speak limits to the Transport Minister.
We'll talk banks and work with some fossil fuels with
Shane Jones, Marcus Arms from New Year and new team
for the IndyCar Driver. Look forward to the catch up
after right Joe in Italy, Rod in the UK. Hosking,
Welcome to Thursday, seven past six. There's little in life

(00:32):
as far as I'm concerned, more nauseating than a sick
efent people who do not what they believe is right,
but been to the whim, flavor or mood of the day.
The corporate world, of course, is full of at the
tech giants you've seen have been badly exposed as they
decide fact checking is for losers. Now that Big Don's
running the place, the battle is being fought locally as well.
There is word New Zealand First are looking at a
Member's bill to make banks do business properly? How's this possible? Currently?

(00:56):
This is also major debate in Australia. Banks have taken
the stance that there are some businesses that they don't like.
Those dabbling, as it turns out in fossil fuels is
one of them. They've made getting money apparently hard work.
They have not done this because there isn't profit or
because these business is default. They have done this because
fossil fuels are out and climate change is in the
coalition in Australia, who are at the stage odds on

(01:18):
to become the government midyear, are going hard because fossil
fuels are of greater importance to them than they are here.
But the role of the banks once again is being
called into question in this country. The government is gunning
for them over margins and competition. Of course, the last
thing they need is another fight. I would have thought
over their right or predilection for doing business with some
people and not others. Banks, as former chair of our

(01:39):
biggest bank, John Key, quite rightly pointed out on this
program a number of times, have a very large social license.
They're a backbone of an economy. It is not their
job to play politics or play trend set into the
groovy mood of the day. Fossil fuels remain vital for
keeping the lights on.

Speaker 3 (01:53):
Now.

Speaker 2 (01:53):
You might not like that, but it's true. If it
changes brilliant right now, it isn't or hasn't enough morals
personal choices, not business ones, and certainly not in businesses
with the influenced banks. Have the thought that a government
and we'll talk to Shane Jones about this after seven thirty.
The thought that a government might have to legislate to
make a business behave itself shows you how badly these

(02:15):
places are reading the mood.

Speaker 1 (02:18):
News of the world in ninety seconds.

Speaker 2 (02:21):
Good day on the hill.

Speaker 4 (02:22):
He's going to try to gaslight enough Republican senators about
his views.

Speaker 3 (02:28):
I truly believe that if he runs AHHS that millions
will die.

Speaker 1 (02:34):
Believe the experts, not conspiracy theories.

Speaker 2 (02:38):
Even getting it underway was an issue.

Speaker 5 (02:40):
Those reports have claimed that I am anti vaccine or
any industry.

Speaker 2 (02:44):
I am neither.

Speaker 5 (02:45):
I am pro safeting.

Speaker 2 (02:55):
Republicans are. They're still bullish.

Speaker 6 (02:57):
Your advocacy for healthcare transparency has the potential to empower
consumers across the country, promoting competition to enhance quality while
cutting excessive spending for patients and for taxpayers.

Speaker 2 (03:11):
The Dams clearly watched Carolyn's video and thought she had
a point.

Speaker 7 (03:14):
This is the profile of someone who chases money and
influence wherever they lead, even if that may mean the
tragic guests, children and other vulnerable people.

Speaker 2 (03:27):
Will come back to it. Of course it's ongoing. Then
in Britain, Rachel, who's in charge of trying to find
something that grows, has decided he throw might be abusive.

Speaker 8 (03:34):
I have always been clear that a third runway at
Heathrow would unlock further growth, boost investments, increase exports and
make the UK more open and more connected.

Speaker 2 (03:46):
The main time back at the Commons, Comming and Kia
were jousting over the economy.

Speaker 8 (03:49):
I know the Prime Minister loves the legal profession, but
he needs to start being a lawyer and starts being
a leader.

Speaker 2 (03:56):
We know she's not a lawyer.

Speaker 8 (03:58):
She's clearly not a leader.

Speaker 9 (04:00):
She keeps I like that she is going to be
the next letters.

Speaker 2 (04:04):
Finally, trust reference. Finally, a bloke from Britain has become
a Guinness World Record holder this morning for visiting museums.
He visited forty two of them, and you think to yourself,
is that a big deal? Well, he did it in
twelve hours. Previous record was a leisurely thirty one museums
in twelve hours. He news of the world and people

(04:26):
the time on the hands of ninety. The inflation number
came in in Australia yesterday, so I think the Reserve
Bank's going to move on that. I'll get you the
full details with Andrew in a couple of moments. Germany
not good though more shortly eleven past six.

Speaker 1 (04:38):
The mic Asking Breakfast Full Show podcast on iHeartRadio car
If My News talksp.

Speaker 2 (04:45):
How good to this first text in this morning, Mike,
have you read about the defender Octor?

Speaker 7 (04:48):
Oh?

Speaker 2 (04:48):
My god? Have I or have I not? I'll come
back to that. I've got a poll on Trump first
out this morning. But Germany, I mentioned them briefly. This
is what happens when you hand to the socialists. They'll
lose shortly in the election. Two elections this year. You
want to watch Germany in Australia anyway, they slashed their
GDP number this morning. They did think they were going
to grow this year by one point one percent. They've
now decided that zero point three percent and that's why
they're going to lose the election. Fourteen past six. That's

(05:12):
quick which from jam I Welth Andrew Kellihad. Good morning,
very good morning mate. So that number from Australia means
that they're going to move, doesn't It could do.

Speaker 10 (05:21):
Hey, it's taken a couple of days. But we're back
to talking about inflation again. How good is that? Eh,
everyone's favorite topic. But there's inflation across the taskman. Yeah,
they're happy. Inflation is moderating. So headline inflation numbers released
yesterday rose zero point two percent in the December quarter.
For the twelve months, headline inflation is running at two

(05:41):
point four percent.

Speaker 2 (05:42):
Remember we're a.

Speaker 10 (05:42):
Little bit lower, a little bit closer to to now.
The headline inflation number, unfortunately over there is a little
bit misleading in this case because it was flattered. It
was flattered by falls and electricity and fuel and state
and government rebates are mucking that up a bit. So
the market tends to look at other measures of underlying inflation,
which they trimmed mean inflation zero point five percent for

(06:03):
the quarter and three point two percent on an annual basis.
So running a bit higher than that headline inflation, but
that was a touch under expectation. So take the step
back headline inflation at the last read two point eight percent,
it's now two point four trimmed mean inflation falling from
three point six to three point two. The RBA had
forecast that at three point four, so three point two

(06:26):
is quite a good beat of that forecast. Now getting
increased calls for some interest rate relief, the RBA meets
a little bit late in February. Remember their cash rates
sitting at four point three five percent, so we could
see a twenty five basis point four there to four
point one softening housing market over there. That was a
factor mic, so that's helping rent inflation sort of soften.

Speaker 11 (06:47):
Now.

Speaker 10 (06:47):
The RBA aims for a midpoint of their target band,
which is two to three percent, so they're mid point
two point five, so their under inflation it's not quite
there yet's still a bit higher than that. But we
did see a nice little rally and Australian interest rates yesterday,
so inflation moving in the right direction there.

Speaker 2 (07:04):
Very good. We're standing by for pale today.

Speaker 10 (07:06):
Yeah, we are so staying in the Central bank world, mate,
potential for some fireworks later this morning, though, Mike, not
on the cash rate itself. The Federal Reserve announcing that
latest review of the FED funds rate at eight o'clock,
So we've got a wait a couple of hours, but
no change expected in the actual rate. But all eyes
obviously on commentary from from the chair and particularly the
subsequent press conference.

Speaker 2 (07:28):
Now, this is potentially.

Speaker 10 (07:30):
The first sort of public showdown between jerown Power and
President Trump.

Speaker 2 (07:34):
Now, go Andrew, didn't we go through this last time
twenty sixteen through twenty twenty. I mean, he goes on
the right, They're going to come down, and then he
says I'm independent And that's how it plays out, isn't it.

Speaker 12 (07:43):
Yeah?

Speaker 10 (07:43):
But do you or do you not feel that Trump
is more emboldened in this term, so, you know, will
he put more pressure on power? Pal has already shown
that he's sort of quite well, he's capable of sort
Ofwithstanding that, the thing is is these public announcements so
far a potentially going to add to the inflationary pressure.
I mean, tariffs will potentially be inflationary, so that potentially

(08:06):
makes the Fed cautious about the future track industrates. Now,
make you don't have to go very far to find
commentary about the potential for a higher FED funds rate
for hikes. Now that would be red rag to the
Trump ball, wouldn't it. So Look, I think the Fed
will adopt to wait and see approach. I mean, Powell
will as ever be reserved, he'll be professional. Then we'll

(08:27):
wait with interest to see any repost from Trump. But
you're right, we have been here before.

Speaker 2 (08:31):
Yeah, exactly, which brings us to our own Fed and
Paul Conway, who's the cheap economist, in a speech yesterday. Jee,
that was duer, wasn't it. Yeah, it was.

Speaker 10 (08:38):
It wasn't great Actually, if you read it wasn't market moving.
But we haven't heard from the RB and Z since
November it so reasonable degree of interest. Look, the speech
is worth a read make, and obviously you've had a
quick look at it. Discussion around neutral cash erate, potential
output growth, productivity, the neutral cash rate they're saying that's
one that's neither contractionary nor sort of stimulatory. The range
there two and a half to three and a half

(08:59):
pretty wide. The RBA, they said they'll feel their way
on the journey down there. Some interstring comments and productivity,
potential growth. We do have challenges there might we do
have challenge.

Speaker 2 (09:09):
That is true. What are the numbers this morning?

Speaker 10 (09:11):
So the Dow Jones is up small, up twenty two
points forty four thousand, eight hundred and seventy three. Unfortunately,
the sm P five hundred and Nasdaq they have weakened
a little bit, awaiting the FED. The S and P
five hundred down eighteen points six oh four nine and
the Nasdaq down one hundred and thirteen points at the
moment nineteen thousand, six hundred and twenty, that's a little

(09:31):
over half a percent. Last night, the fortsy one hundred
gained quarter percent. Eight triple five is there. The NICKT
was up over one percent three nine four one four.
The Chinese market is still on holiday. The ASEX two hundred,
they cheered, the RBA, the inflation number up point five
seven percent, eight thousand, four hundred and forty seven. We

(09:52):
also have surged, well.

Speaker 2 (09:54):
We didn't really surge.

Speaker 10 (09:55):
We limped through the thirteen thousand mark. On the ends
of the next fifty thirteen thousand and three zero point
three five percent game, Kimi dollar point five to six,
five to one against the US points nine oh seven
six against the Aussie point five four two five Euro
point four five four to five against the pound eighty
seven point seven one Japanese yen gold steady ass at
two thousand, seven hundred and fifty US dollars and breakthrough

(10:18):
seventy seven dollars and forty cents.

Speaker 2 (10:20):
Sensational as always see tomorrow Andrew callaher j am i
wealth speaking of wealth, thirteen percent return on the year
you take that, wouldn't you? This is Norway's sovereign Wealth
fun biggest wealth fund in the world. Full year profit
of two point five trillion. Croner has had a lot
of money. My god. It is three hundred and ninety
three billion New Zealand dollars in profit driven largely but

(10:43):
who cares by what? By the AI boom of course,
so they are loaded. Six twenty hes talk two.

Speaker 9 (10:48):
Bad so money about it won't get you too.

Speaker 1 (10:52):
Fuck the Vic Hosking Breakfast full show podcast on iHeartRadio
now it by News Talks at.

Speaker 2 (10:58):
B The Trump poll, not of them, means much. His
popularity has fallen a little bit. Router's poll out this
morning forty five percent approve, which is down slightly from
forty seven percent. This is as a result of the
executive orders nice. I suspect the old letting everyone out
of jail probably didn't go down too well with most Americans.
So forty five percent approved down from forty seven is

(11:19):
within the margin e era plus or minus four percent,
well within the margin of era. The disapproval, though, has
gone up outside the margin of era from thirty nine
to forty six. First term he was forty nine. That
fell to thirty four. It doesn't really matter. He's there
for four years. There's nothing you can do about it,
and he won't be back again, so you know, stuck
it up, Mike. Have you read about the Defender Octor now?
The reason I mentioned that when it was the first text,
Yes I have. If you're into cars, look it up

(11:41):
the octor. They're going to put a couple of them.
This is not because Landrover and Jaguar Landrover sponsored this program,
although I'm eternally grateful for the support. But the Defender
Octor is going to be put into the Dakar rally,
and I think it'll do really well because essentially the octa,
you know what the Defender is. The octa is the soup.
It is the greatest thing ever invented. It's not only

(12:04):
designed to go off road, which the defender does, it's
the designed to go off road at speed. So when
you're off road, you just floor it and it goes
unbelievably but look it up. I want it desperately, but
I can't afford it because my coffee machine's broken and
I've got other priorities. But as off tomorrow, there's a
lovely land Rover story I'll give you. It's a barn find.

(12:26):
It's a charity run. It starts tomorrow. It involves a
forty eight And if you know anything about Landrovers forty
eight Series one, they're the famous ones. So I'll tell
you more about that later on six twenty five.

Speaker 1 (12:37):
Trending now with the msware House the Real House of Fregrances.

Speaker 13 (12:42):
Right.

Speaker 2 (12:42):
So RFK is I guess, the most controversial nominee since Gates.
Gates didn't actually get to any questions. He bailed beforehand,
but he's taken questions this morning. Spectacular amount of baggage
under OURRFK. Anyway, his cousin Carolyn put out a video
yesterday to try and and but she was the US
ambassador in Japan for Obama just finished up in australiap

(13:04):
of Biden.

Speaker 14 (13:05):
I've known Bobby my whole life. We grew up together.
It's no surprise that he keeps birds of prey as
pets because Bobby himself is a predator. He's always been charismatic,
able to attract others through the strength of his personality,
his willingness to take risks and break the rules. I
watched his younger brothers and cousins follow him down the

(13:25):
path of drug addiction. His basement, his garage, his dorm
room were always the center of the action where drugs
were available, and he enjoyed showing off how he put
baby chickens and mice in a blender to feed to
his hawks. It was often a perverse scene of despair
and violence. Siblings and cousins who Bobby encouraged down the

(13:47):
path of substance abuse suffered addiction, illness, and death, while
Bobby has gone on to misrepresent, lie and cheat his
way through life.

Speaker 2 (13:58):
But apart from that, Kuld Mike a good health secretary.
So families type that won't make any difference, of course,
because it will go down political lines, and one assumes
that he, along with everyone else is going to get
confirmed eventually. By the way, have you got a garment
less Number? One for me this morning was I didn't
realize how expensive garments were. I thought garments were like
everything else, you know, twenty nine to ninety five, and

(14:19):
then they blew up after six months. Anyway, apparently globally
this morning there's backlash growing. This is a very sky actually,
so sky's not working. Neither is your garment. Apparently around
the world people are reporting their garments aren't working Blue Triangle.
When you try and turn your watch on others, just
go straight to the startup screen. The Finix eight is
two thousand bucks for a bit of plastic on your risk.

(14:42):
What's that about? Why are you paying two thousand dollars
for something that doesn't even work? Mind you, you're paying
one hundred dollars a month for something that doesn't work
on your television too, aren't you. So we're paying a
lot of money for a lot of stuff that doesn't work.
Do you want some good news? I might have some
good news on the economy after the news, which is next.

Speaker 15 (14:58):
The news again?

Speaker 1 (15:00):
The news makers, the Mic Hosking Breakfast with a Vida, Retirement, Communities,
Life your way news togs Head, be.

Speaker 2 (15:07):
Well, he mic great to see the road speed limits
back to sensible parts of the country. Our naysayers and
greenee Marxists will whinge and whine like this not tomorrow.
Just need the quality of the roads to follow. Ain't
that the truth? Chris Bishop with us after seven o'clock. Mike,
what about the caravan load of explosives they found in Sydney?
Isn't that more important? More important than what there seems
to be If you haven't followed that story an anti

(15:29):
semitic tinge to that particular story, look it up if
you want more detail. I had a deja voo moment yesterday.
Remember air Force one. Trump in his first term commissioned
a couple of new Air Force ones and he went
unfortunately to Boeing. Now Boeing, as it turns out, aren't
particularly good at making planes, despite being that's basically all

(15:49):
they do, and he never got the Air Force ones.
And he's now charged Elon musk Worth working with Boeing
to try and get these done. So he's now in
his second term, eight years later, and there is still
no real confidence that by the end of his second term.
In other words a span of twelve years that he

(16:10):
will ever see one, if not two. And this is
where he's trapped, because it's all very well being America first,
but when it comes to making planes, America first is Boeing?
Do you really want America to be first? If the
only choice is Boeing? Twenty ten minutes away from sound,
Maloney's been pinged by the Feds. It's quite a good story.

(16:32):
And Joe's willis shortly from Italy. But meantime might have
some new insight from the business coal place of this country,
the sales teams. There's a survey of five hundred leaders,
eight thousand reps. The word is it's still very tough,
no kidding, but there is lights if you look. The
indicator CEO and found of Mike Stokes is with us
on this morning. Good morning, min This optimism we find
in your survey and the recovery coming our way in

(16:54):
the latter part of twenty twenty five, that driven by
hope or fact, a.

Speaker 16 (16:58):
Little bit of by Swissa. I would call it realistic hope.
So there is optimism there, but there's also a realization
that there are some challenges still, particularly in the first
six months of the year.

Speaker 2 (17:10):
And does it very widely depending on the industry you're dealing.

Speaker 16 (17:12):
With pretty much right across career industry. We saw really
tough the year last year, but the optimism is the
same for this.

Speaker 2 (17:20):
Year, and so the banks are saying first half as hard,
second half is better. You would agree with that. Your
survey suggests that year.

Speaker 16 (17:28):
Yeah, we're strongly seeing that minute. You know, earliest that
sales letters saying in the survey that the earliest will
recover from a recession will be second half of the year.
But a number is still saying twenty twenty six as well.

Speaker 2 (17:40):
Okay, so thirty nine percent of companies, this is how
bad it got. Thirty nine percent of companies got growth
last year. That's not many, so it was as bad
as it gets.

Speaker 16 (17:49):
It was the lowest we've seen since we started the
survey in two thousand and eight, so it was tough.
And not only that, it was thirty two percent that
declined in revenue, so some pre start numbers there.

Speaker 2 (18:02):
So when we talk about the stuff, you know, at
our level, inflation, interest rates, the commercial level in the
real world, all that sort of stuff. Is that what
affects you guys as well.

Speaker 16 (18:12):
Yeah, absolutely, So I think the biggest the biggest hit
that we had from a sales perspective, a revenue perspective
last year was that budget's declined. Companies took a lot
more time to make decisions about whether they would purchase specifically,
you know, good size investments and what we noted that.

Speaker 4 (18:36):
Really that.

Speaker 16 (18:38):
Because of the nature of the reduction in demand, salespeople
really only hit about forty three percent of them hit
their targets for last year.

Speaker 2 (18:47):
Is that budget thing psychological? I mean, if you I
feel bad, therefore what do I do? I know, I'll
cut my budget and so it becomes a vicious cycle.

Speaker 16 (18:55):
Definitely a confidence thing. Definitely a confidence thing, and it
certainly is a vicious cycle. Sales leaders and salespeople who
notes a pre optimistic bunch, So if they're saying that
we still got some challenges ahead, it's likely to be
the case.

Speaker 2 (19:09):
And what about the comparison between New Zealand and Australia,
What can you tell.

Speaker 16 (19:12):
Us Australia was similar. They were expecting a better last
year than they got, which was interesting. But their optimism
is slightly higher than in New Zealand's, slightly higher than
what we see.

Speaker 2 (19:27):
All right, Mike, appreciate the insight. Mike Stakes indicated CEO
and founded ninety minutes away from seven skiing Mike. If
the banks don't want to do a proper one Glen,
you can't just have that's much better. If the banks
don't want to lean to petrol stations, then will the
next step be not funding carlines for petrol and diesel cars. See,
that's where it goes, and that's why we're talking to
Shane Jones about this after seven thirty this morning. It's

(19:47):
a very good question. Food and Drug Administration in the FDA.
This is America a zimpic. They've given the clearance for
patients with both chronic kidney disease and diabetes reduce the
risk of kidney disease, worsening, any failure and death from
cardiovascular disease, and patients with chronic kidney disease and diabetes
could transforms how doctors basically treat the conditions. And this

(20:07):
is a zempic thing. I thought he reached too far.
Lux In the other day in a State of the
Nation speech he was referencing he didn't use the word
o zimpic, but he referenced Denmark and how the Danish
economy has literally been transformed by the company that makes
a Zimpic. And it seems that Zempic can do everything.
You can paint your house with a Zimpic. It's incredible,

(20:28):
So you lose weight, solve your kidney problems, paint your house.
You can probably fly to the moon with a Zimpic
as well, as far as I can work out. I
don't see us a zimpicking our way out of trouble,
but you never know. Eighteen to two, the.

Speaker 1 (20:40):
Mic Hosking Breakfast Full Show podcast on iHeartRadio Power It
by News Talk.

Speaker 2 (20:46):
Zippie will blow me down if we don't get a
mention from OURFK on the hill this morning.

Speaker 5 (20:50):
I never tied again any public segment about vaccines. You
cannot find a single Sam Owen who will say I
didn't get a vaccent because Bobby Kennedy. I went in
June of twenty nineteen. The measles house break started in August. Oh,
clearly I had nothing to do with the measles.

Speaker 2 (21:09):
Not only that after Kennedy.

Speaker 5 (21:10):
Editor, And if you let me finish, you have had
some time. If you have me finished, editor, if you
let me finish. Eighty three people died when the tissue
samples were sent to New Zealand. Most of those people
did not have measles. We don't know what was killing them.
The same outbreak occurred in Donga, fij And no extra

(21:33):
people died. There were seven measles outbreaks that thirteen years
prior to my arrival.

Speaker 7 (21:38):
Would like to get my time back. The nominee wrote
a book saying that people had been misled into believing
that measles is a deadly disease. He's trying now to
play down his role in Samoa. That's not what the
parents say, That's not what Governor Greene says.

Speaker 17 (21:54):
It's time to make.

Speaker 7 (21:55):
Sure that we blow the whistle on actually what your
views are.

Speaker 3 (21:59):
At least we're.

Speaker 13 (21:59):
Starting international correspondence with ends and eye insurance, peace of
mind for New Zealand business.

Speaker 2 (22:07):
Who with Lujia mcgenna.

Speaker 18 (22:09):
Morning, Good morning, Mike, welcome back.

Speaker 2 (22:12):
Thank you very much, in a happy new year to
you now. So mister Nanjeem gets nabbed, then mister Najem,
who's Libya's judicial police head, then he gets sprung. Next thing,
Maloney gets a call from the feeds. What's going on.

Speaker 18 (22:25):
Well, Georgia Maloney is under investigation by Italian prosecutors. Is
it political? Is it judicial? He's allowed as we as
you just said, she's allowed the release of this Libyan
officer who is accused by the International Criminal Court of murdering,
raping and torturing migrants. He was released from prison in Turin,

(22:47):
put on an Italian government plane and sent back to Libya.
And that seems to suggest to me that the Italian
government wants to keep that man in Libya, controlling the
migrant boat and stopping them from coming across the Mediterranean.

Speaker 2 (23:02):
They described the release as a legal technicality. Do we
have any indication as to what that legal technicality might
be other than we want them in charge of the
migrants back in Livy.

Speaker 18 (23:12):
Yeah, it wasn't explained very well in parliament. And now
the Justice Minister and the Interior Minister are also being investigated,
along with Georgia Maloney, who's very angry as you can
imagine about this interference.

Speaker 2 (23:25):
Exactly what does this potentially mean? Are they going to
arrest a charger, did she go to jail? What happens?

Speaker 18 (23:32):
Look, I think they just cause a bit of a ruckus.
I don't think she's going to be arrested. They might
cause a bit of fuss in the Parliament, but it's
difficult to see that ending up in any sort of charges.
I would say at this point.

Speaker 2 (23:44):
All right, she's also signed off ten billion worth of
business with Saudi Arabia, So what are they getting? What
are you getting?

Speaker 18 (23:51):
Well, it looks like you know, usually, like everyone else
in Europe, is very nervous about what's going to happen
with Donald Trump and any potential tariffs. Italy's also looking
around for some other agreements. She's signed some agreements, as
you said, with ten billion, with ten billion US dollars
with Saudi Arabia. They want to increase investment in Italy.

(24:14):
She's talking about infrastructure, energy, defense, entertainment and tourism to
strengthen bilateral cooperation. And the Italians are offering credit support
for a pet project of Saudi Arabia, which is an
urban and industrial development on the Red Sea.

Speaker 2 (24:29):
Okay, does Saudi Arabia carry the same sort of ankst
that might in this part of the world, for example.

Speaker 18 (24:36):
Look, interestingly, I think Prime Minister Maloney has criticized Saudi
Arabia in the past and now she's looking to strengthen
friendship and investments. So there you.

Speaker 2 (24:45):
Go, speaking of Trump. I know miss Fredrickson of Denmark
has been wandering around Europe and she met Schultz and
Macron and Routhia and all that sort of stuff. Worried
about Greenland? Is Greenland on Italy's radar? Or is that
you got your own fish to fry it?

Speaker 18 (25:00):
Look, it's had some coverage, but not as much as
perhaps elsewhere in the world. And I think Georgia Maloney,
as we know, is trying to position herself as a
Trump ally. She was the only European leader at the inauguration,
and so I think the politicians here are certainly avoiding it.

Speaker 2 (25:20):
I would say, yeah exactly. Then we come to the
police and we find that there are still mafia within
the police. What's going on?

Speaker 18 (25:28):
Oh well, this is actually a mayor and some officials.
So we're talking about infiltration of politicians and political life,
not only in the south of Italy but elsewhere. A
mayor in Colubria has been arrested as well as some
of his other officials during an operation into corruption and
mafia involvement in that area of Colubria. But interestingly, Mike,

(25:52):
We've had about fifteen councils across Italy dissolved by the
Interior Ministry in the last two years due to mafia infiltration.
So that gives you some idea of what's really going
on at a political level, as well as the extent
of crime in this country.

Speaker 2 (26:08):
To give me a weather update, how cold are you?
Still not too bad?

Speaker 18 (26:12):
But fifteen degrees in Rome today, so I'm not too
bad here.

Speaker 2 (26:15):
It was not bad and enjoy ketch up next Thursday.
Appreciated it as always Joe McKenna each Thursday morning on
the My Hosking Breakfast. It's ten to seven.

Speaker 1 (26:23):
The my Casking Breakfast with Vida Retirement Communities news togs.

Speaker 2 (26:27):
Had been Nigo Uni think they might have a partial
solution to our GP shortage, and I'll tell you about
that after seven o'clock this morning. Trump yesterday, among many
other things, offered every single federal worker the opportunity to quit.
They wrote to every and there are millions of them.

Speaker 4 (26:43):
Did you know?

Speaker 2 (26:44):
And I didn't. Basically, Washington's a ghost town. Just six
percent of federal employees in America work full time in
the office. Six percent ninety four percent set at home anyway,
he wrote to them, and all you have to do
is reply to the email with the word resign. That's it.
You will get paid. Now, think about this for yourself.

(27:06):
Would you if you were written to today by the government,
and I suppose this applied to many people in Wellington
last year for example, But if the government wrote to
you and you will be paid until the end of September,
all your benefits, all your bonduses, everything all yeah, and
you just go gay bye bye. It was designed basically
if you don't like Trump, you don't think what he's
going to do is going to be good for America.
Therefore you don't want any part of it. You have
the opportunity, every single federal worker in America. What do

(27:27):
you reckon that's going to be?

Speaker 9 (27:28):
You wouldn't want to get that email after a hard
day at the office, would you.

Speaker 1 (27:32):
No?

Speaker 2 (27:32):
That's true? Five minute of five minute Kenning, I take
that back, Wop's resign. No, I don't want to know.

Speaker 17 (27:36):
No.

Speaker 2 (27:36):
Five minutes away from seven, all.

Speaker 1 (27:39):
The ins and the ouse. It's the bizz with business
fiber take your business productivity to the next level.

Speaker 2 (27:45):
Super Bowl ads, Fox have the rights to the Super
Bowl this year, one hundred and twenty three million people
watched the game last year. That was a record. So
we've told you many, many times the NFL globally is
on a real role at the moment. So more than
ten commercials their fault. You can't buy an ad. They've
sold out. More than ten of the commercials have sold
for fourteen million dollars each. Fourteen million dollars each. That's

(28:08):
a record. Usually when the spots are getting short, prices
go up by about one hundred thousand dollars a day
until they're sold. This year, the price is jumped up
to five hundred thousand dollars a day per spot. The
VP of ad sales said this year we're going to
see more ads from AI companies and pharmaceutical industry. There's
going to be fewer streaming service ads and fewer movie

(28:29):
studio ads. They're also loving the one minute slot, so
that's even more expensive, usually less popular than the thirty
second ad block because they can't afford the one minute,
but the game for the one minute. So Fox has
added more longer form adds to the schedule. One of
them I watched this morning, which is already out. It's
quite good. It's Billy Crystal Meg Ryan recreating that scene

(28:53):
quite cleverly done. And Sydney Sweeney, who pops up at
the end of it. Just unbelo believable that they hired her,
given that the amount of money she must be charging
for that. She says, literally nothing, but it's quite it's
worth watching. Billy Crystal Meg doesn't do it quite as
well as she did originally.

Speaker 9 (29:13):
Is this the same thing that they've done for about
the last three years?

Speaker 2 (29:18):
Nothing from movies, There's nothing new. The only new material
you'll ever hear is on the show. Everything else is
on repeat all over the world. Speed limits speaking of
things we've been here before, they went back up to
what they used to be. Hey, am I writer? Am
I right? Chris Bishop, Transport Minister. After the news, which.

Speaker 1 (29:34):
Is the only report you need to start your day,
the mic casting breakfast with the range Rover, the la
designed to intrigue and use togs.

Speaker 2 (29:51):
Head be seven past seven, so a lot of us
might be moving just a little bit faster into our
day today. As of midnight, whole bunch of speed limits
that the last government cut got booked back in place.
A lot of eighty went to one hundred some roads,
in fact, increased by some thirty cage. Transport Minister Chris
Bishop well this morning, good morning. One headline I noticed
yesterday because the media don't quite understand how these things work,
took the mickey out of you over your excitement over

(30:13):
three minutes, not understanding that if hundreds of thousands of
cars travel three minutes faster, that's actually quite impactful, isn't it.

Speaker 4 (30:22):
Oh it's huge. I mean, did you just think about
the wire Apple where we were. It's ten thousand cars
on that or vehicles on that Stretcher Road State Highway too.
You know that's the long Stretcher Road over the hill
from Wellington Featherston carterson Graytow three minutes. Well, you know
that's a difference to the individual driver or the trucking
or the trade doing the trip. But you know it's
ten thousand cars and vehicle movements on that Stretcher Road,
and then of course around the country as well. All

(30:43):
these things add up and if we want to grow
an economy and we're talking about productivity and getting this
country going again, we've got to do everything that we can.
We've got to do every little bit. So it all
adds up and it will make a real difference.

Speaker 2 (30:54):
The fear is over deaths.

Speaker 4 (30:55):
You say, what, Well, the number one cause of death
on our road drugs and alcohol, and that's what we're
really focused on. So thirty percent of in the last
three years on our roads were caused by people who
were driving with drugs in their system, and so that's
why we're introducing roadside drug testing. In fact, we had
the second reading of that bill just a couple of

(31:15):
days ago. The last government had an attempt at it,
but they've passed a flowed piece of legislation. So we're
fixing it up. But how crazy is it that you
can drive around whilst high in New Zealand right now
and you never get tested, and you know, you never
get tested, and so unsurprisingly a whole bunch of people
do it. So we're bringing New Zealand into line with
a lot of other jurisdictions for the roadside drug testing.
And we're also increasing breast testing as well. So the

(31:37):
last government basically let things slip with breast testing. Some
years they were in charge, the police didn't even use
their budget that they were given for breast testing. We've
increased the budget, but we've also put in place performance
requirements to make the police do them, and I can
tell you that they are getting on and doing them,
and people listening might have noticed that there's been a
noticeable uptack and breast test around the.

Speaker 2 (31:58):
Place good, good, Good, where you and I part company.
Then I took to the Prime Minister about this on Tuesday.
What's with this consultation on the roads? Well, with speed limits?
Why what are you looking to find from consultation other
than people support you or don't.

Speaker 4 (32:13):
Well, the law requires that we consult on some things.
We've moved as quickly as humanly possible. Transport rule setting
is an extremely complicated and technical process. We've gone as
quickly as we can. And I know you're interested in
one hundred and ten north of Auckland, Matt. I heard
the interview. We're just started the eyes and crossing. The
t's watched the space and I'll send you a personal

(32:33):
invitation to drive on one hundred and ten.

Speaker 2 (32:36):
Already driving one hundred and ten, that's probably I legal
to say, but that's the point. So does everybody because
they thought that was what was going to happen. Meantime,
the cops at the bottom of the slope pulling you
for one hundred and four.

Speaker 4 (32:48):
Yeah, I've heard the complaints. Look, the road's built to
one hundred and ten and we're going to do it.
We're going to make it happen. We campaigned on it
and we're a government that delivers on our promises. So
watch the space.

Speaker 2 (32:57):
As Leader of the House, you worried about Jones and
p des as to what happened this week.

Speaker 4 (33:02):
Oh, I think it's just a bit of rough and tumble.
But everyone's keen to get back into it after a
long break over the summer, and so I'm not too
worried about it. But as I said to few people yesterday, look,
you know we've got to remain civil in the Parliament,
but it's a bit of rough and tumble. At the
end of the day, it's or a bus debating chamber
and you know there's been worse things said in parliament before.

Speaker 2 (33:22):
All right, I appreciate your time as always, Chris Bishop,
who's the Leader at the House, and of course Transport Minister.
Ten minutes past seven, you plan to help our GP crisis.
University of a Tiger wants to create one hundred new
places for med students by twenty twenty seven, Acting Medical
School Dean Tim Wilkinson's with us on this Tim morning
to you, good morning, you need the money, chances of
getting it? In your assessment are what.

Speaker 19 (33:43):
Well?

Speaker 20 (33:44):
We need the doctors is what we really need? And
what's the cost of not having doctors? But yes, we
don't train people for free, but we are willing and
able to train far more doctors if we were allowed to.
And the key point here is that the government restricts
how many doctors we can train, So we could train
more if they let us, but they put a limit

(34:07):
on what we can train, and we're crazy.

Speaker 2 (34:09):
Sure, how much does seem crazy? But why can't we
bring them in as we do occasionally? What's the problem
with that as opposed to trying to do something seemingly
at university level.

Speaker 19 (34:19):
We can't seem to What do you mean, why don't
we bring in bucktors from overseas or yeah, yes, we
could do that, and we do do that, and we
do that at a higher rate than most other countries.

Speaker 9 (34:31):
We know that.

Speaker 20 (34:32):
Actually people like to be seen by doctors who understand
New Zealand, understand our culture and understand our health system.

Speaker 19 (34:40):
That's not to say that overseas.

Speaker 20 (34:42):
Trained doctors can't do that, but locally trained doctors are
much more attuned to local needs.

Speaker 2 (34:48):
Okay, having said that, you get one hundred new places,
there is no guarantee those hundred new students want to
be GPS, though, is there?

Speaker 12 (34:56):
That's right?

Speaker 20 (34:57):
But we're not just short of GPS.

Speaker 4 (34:58):
We're short of doctors.

Speaker 20 (34:59):
I mean, if we we hear about it, some discipline
that's short short somewhere. So yes, we don't want everyone
to be GPS, but we do want more doctors in general,
and we want a good proportion of those people to
be GPS.

Speaker 2 (35:12):
Without right and we you up too much? Would a
third medical school help?

Speaker 20 (35:17):
Look, I think the worst thing that could happen right
now is nothing. So we need more doctors. So yes,
that is a solution, But you know, why not look
at the solution that's looking at you in the face,
which is just allowing the existing schools to do what
they do well and.

Speaker 4 (35:32):
Just do more of it.

Speaker 2 (35:33):
The I tend to agree, Tim, I wish you the
best with that. Tim Wilkinson, who's the University of Otago
Medical School dean thirteen past seven MICS. Free Banks and
Provision of Lending to minding companies. We'll get to show
Jones about the shortly. Banks primary functions are to facilitate
the financial payment system for an economy, hence their social license,
which is what I was talking about at the start
of the program.

Speaker 17 (35:51):
I e.

Speaker 2 (35:51):
Take deposits, lend out, act as financial intermediaries between people.
They should never have the choice to not provide their
core fund see and I'm all for the banks. If
you want to lend cheap money for a solar, for
an eb charger, do whatever you like. That's fine, but
you don't punish other people and business is simply because
you don't like it. And the fact that Shane Jones

(36:12):
is thinking about a law just shows you how bad
things have got. That he's with us. In about twenty minutes,
their team past.

Speaker 1 (36:18):
The High Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks.

Speaker 2 (36:23):
At b Mike my GPS in Indian I've been seeing
him for over forty years and we need more GPS
from overseas. I'll come back to that. It's a good point.
We were just laughing. We looked up we did an
interview apparently back in twenty eighteen on exactly the subject
and there was we interviewed a doctor who'd come into
the country and was going through endless numbers of hurdles
to become a doctor in this country. So we've been
talking about it.

Speaker 9 (36:41):
Because New Zealander's body temperature, I think you'll find.

Speaker 2 (36:44):
Its completely completely different.

Speaker 9 (36:47):
Yeah, others.

Speaker 2 (36:48):
So we've talked about it. In twenty eighteen, seven years later,
we're still talking about It's unbelievable, isn't it. Canterbury boom
rolls on. I've got some good news here. We're talking apples.
T and G have announced they're expanding their operation in
the South. TNG Chief Operating Officer Shane Kingston is with
a shine morning to you.

Speaker 12 (37:02):
Worry Mike.

Speaker 2 (37:03):
This is the is it the Jolly or the Jolly Jolie,
the Joe Lee's jolly pants Joe Lee. So this is
an apple, it's like the Compare it to the vye
or the Jazz.

Speaker 15 (37:19):
Yeah, Joey is a unique taste, second to non texture
compared to other apples, so ails Jazz is known for
being kind of crunchy, tangy, sweet and Envyes are about
battance across sweetness and fresh aromas and joe Lye is
much much fuller flavored, much much crisper and really bursting,
which is fantastic.

Speaker 2 (37:37):
So you've got one hundred and twenty five hiccteas by
web expansion in Canterbury. So there's a two part story.
One you're expanding, So does one hundred and twenty five
hiccteas meet your demand and why Canterbury.

Speaker 15 (37:49):
Yeah, I'll start with the second part first, Mike, we
TG believe it's important we continue to adapt and build
resilience into our business. So some of the ways we're
doing that that's by developing, commercializing but new plant varieties
so Joelie is a great example of that, but also
varieties that we've grown in different local, big climates, so
that's really diversifying and the risking are growing in supply
footbrit And then specifically provides excellent opportunity for this flat

(38:13):
land availability, fertile soil, liabel water sources, adequate winter jail,
decent rainfall and sufficient growing the gree day. So all
of that combines into something that's very very favorable and
we believe, you know, the risks are growing footprint within
the context of New Zealand. So that's that piece when

(38:33):
you think about Joe Lead and varieties. It's really about
continuing to meet consumer demand globally, and this brand and
variety stats really really strongly against.

Speaker 2 (38:41):
That fantastic and the Apple story generally as compared with
you know, I Q we frutal gripes. I mean, are
we booming or not?

Speaker 15 (38:50):
I would say we're booming. We've had some very very
challengingeers in New Zealand context. You know, COVID certainly impacted
the sector, and then as you'll be well aware, you
the cyclone Gabriel really really impacted the northeast coastline, so
Kese Bernard and the key growing area of Hoax Bay,
so that twenty three was heavily impacted. Twenty four there

(39:11):
was a residual impact from that. We're all hoping that
twenty five.

Speaker 12 (39:15):
We've moved past all of that.

Speaker 15 (39:17):
Demand continues to be good in global markets for New
Zealand fruit. It's really now about you know, we've started
all companies have started harvesting this season's crop this week,
so we're all fingers crossed that climate continuous weather continues to.

Speaker 12 (39:31):
Be favorable to us.

Speaker 15 (39:32):
The crop looks full and clean, so this year is
stacking up to be certainly better than the last few.

Speaker 2 (39:37):
That's exciting. Guy Well, Shane appreciate it. Shane Kingston on
the apples. So the crop looks good. I'm slightly worried
in the North about the grapes. I few down palls
might have caused them. In interesting issues. I had an
Italian kiwi fruit. We've got to get zisbrie on. So
I had an Italian. I didn't realize it was Italian.
I ate into the kiwi fruit. It tasted nothing like
a kiwi fruit, and I thought, there's something wrong here.

(40:00):
Able see Italian. And then I thought to myself, because
we've had a number of conversations, they want to They
voted last year successfully to expand their growing operation internationally,
and one of the places they grow is Italy, so
they can supply the world twenty four to seven. But
I worry that if we're growing kiwi fruit in Italy
and these Italian Kiwi fruit don't take like taste like
kuy fruit, we're going to damage our brand.

Speaker 9 (40:21):
What did it taste like?

Speaker 2 (40:22):
It tastes like nothing like it. It tastes like came
from California in some bloke where the spray can had
gone past and spray the be Jesus out of it,
and it tastes nothing like Kiwi fruit. So we need
to get zestre on pressing issues. Sam seven twenty.

Speaker 1 (40:38):
The Mike Asking Breakfast Full Show podcast on iHeartRadio call
it by News Talk Zippy.

Speaker 2 (40:45):
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(41:32):
start banking with heart asking right seven twenty four nice
piece worth reading, as I did over the holidays, out
of the Australian media, under the broad headline what is
eating the Left? Insite of the demise of Biden Trudeau
Schultz who's about to get booted out in Germany Macron
and is never ending issues in France, And of course
Queen of the lovees just sinder adn all came, all went,

(41:53):
all made a mess. What they ask is eating the left?
The answer, of course, is obvious. I would have thought
they got found out. They're thinking their way of running
things doesn't work. So I was a little bit triggered
when I saw last week publicity for the publicity that
we are yet to see over the forthcoming a durned book.
She used the old trick and the media fell for
a hook line and sinker. I've written about things I've

(42:16):
never written about, which is odd given she hasn't written
about anything as far as I know, Unless there's a
slew of books I've missed the most galling thing about
Adurn as she ran rampant worked out it was a bust,
so rather than facing the music, she asked Chris to
collect the hospital pass while she buggered off to America
to wander around campus as collecting prizes for being the
best form of woke she could be. She also enriched

(42:37):
herself by giving speeches about how she led New Zealand.
How she led New Zealand was also to be found
last week in the news from HSBC that of all
the countries in the developed world, no one was hit
harder than us. Three recessions later, and with meaga prospects
this year, the adern Hipkin's recipe still taints most of
our lives. She doesn't care, of course, She's embossedon lapping

(42:59):
up life and having banked her advance from the publishers,
will now try her best to retell and resell what
she delivered by way of leadership the good news and
I have good news. She will not be on the show,
but watch the likes of the Herald and Radio New
Zealand fire off a few soft balls to her to
wreck a country, run from that country, then return to

(43:20):
that country and expect the people whose lives you've tipped
upside down to fork out money so she can get
wealthier while telling you a version of her story that
doesn't ring true to most of us. Is the height
of hypocrisy, and a very vibrant example. I would have
thought of narcissism, Hosking, Mike. Look at the Medical Council
Report twenty twenty three. The number of doctors per one

(43:40):
hundred thousand is increased from three twenty seven to three
seventy two since twenty seventeen. See the claimers were one
thousand short. The number of registered doctors has almost doubled
since two thousand and two. There isn't a shortage. They're
cheery pecking numbers. I don't know that that's accurate. I'll
take your word for it for now. Shane Jones shortly
a little bit of it. I think Chris Bishop is right.

(44:01):
I mean it's argie bargie in the Parliament, the business
of Jones and Peter's and Mendy's march. There's a twofold
problem here.

Speaker 16 (44:08):
One.

Speaker 2 (44:08):
I don't endorse what Peters particularly was doing because I
like Peter's because he's a stickler for what you would
call the good old days. And if you watch Parliament,
and I watch a lot of Parliament, he loves the rules,
he wants respect, He would like to think that things
are better than they are, and in that I wholeheartedly
agree with him. But then he doesn't help by behaving

(44:30):
the way he did, and so he's contrarian, which is
probably not the first time we've made that observation about
Winston Peters, is it? But then making the thing slightly
complicated is Menendia's march is a pain in the ass.
He's an annoying little man who whines and everybody hates
a whiner. And he stands up with his rule book
and he asks that, mister speaker, I would like clarification

(44:53):
on it, and he just shit sit down. So you
got two things going on there, neither of which will
cover off with Shane Jones, I don't think unless we
have more time than I think, because we need to
talk about the banking and he's all over that. Shane
Jones with us up in the News, which is next
here at News, Tom said.

Speaker 1 (45:10):
New Zealand's voice of reason is Mike the Mic asking
breakfast with Bailey's real estate, finding the buyers. Others can't
use togs dead bees.

Speaker 2 (45:19):
So Mike was at a yes or no for reading
a Dun's book. Very good, you made my morning, but
the Queen of Blood just top staff made my morning.
Are Ria dune Well said your voice the opinion of
many of us. Keep up the great work of doing
your spot on Cetra. So you seem to like that,
But of course we've got the documentary as well. You've
got to ask about a person. There's nothing wrong with
writing a book, I guess at the end of your teenua,
but there is something deeply wrong with coming back to

(45:41):
the country and expecting the people whose lives you ruined
to fork out to enrich you. But then it turns
out if you follow the sun Dance news and I
hope the reviews are already being published in places like
the Herald this morning she had a person following around
making a documentary the whole time. Who comes up with
that idea? You know, when you're busy running an and
it's not to say there wasn't quite a lot on

(46:03):
and somebody goes, oh, I know, let's get a camera
to follow me around and we'll put that in Sundance
In future years. I mean, you got You've got to
be a certain sort of person to think along those lines,
very Megan Mark Aalsk, isn't it Marcus Armstrong good year
lined up for him at Indy. He's with us after eight.

Speaker 9 (46:17):
So I went to the bank see one day to
do now.

Speaker 2 (46:20):
To reaminuter to my promoterers. We mentioned at the start
of the show, this is scraped grewing between government's political
parties and banks right to the fossil fuel industry is
increasingly worried about the attitude of banks towards their industry.
Peter Dutman, who might well be the new Prime Minister
in Australia in a couple of months cause banks woke,
wants them to track coal and oil and gas like
any other business. Resources Minister here has jumped on board,
and there's now talk of a member's bill to force

(46:41):
the banks here to play ball Resources Ministers of call.
Shane Jones's with this morning morning, folks. Is there a
problem here, a real tangible problem here? Is this just
a theory that banks aren't playing ball?

Speaker 3 (46:54):
Well? Not tomorrow and why he Carrimandel, I'll be giving
a critical speech and I'll highlight examples where mineral firms
are being debanked by these groupies, climate groupies that have
invested our banks driven by this false ideology coming out
of the United Nations. This is not something new. I
campaigned against this. I actually said during the last campaign

(47:17):
that Zealand First would not be frog marched to the
altar of climate cultism. And this is an opportunity to
reinforce it ensure that companies that are legitimately engaged in
regional economies aren't drivenile existence by these corporate undertakers in
the banking sector.

Speaker 2 (47:33):
The banking sector has already got problems with your government
around margins and the Commerce Commission and all of that.
Do they really need a fight like this?

Speaker 3 (47:42):
Well, who brought this garbage to the table? Use them
at firsten The banks themselves are writing letters threatening to
dbank god fearing regional businesses. They have no options in
terms of transactional banking. They are not breaking any commercial

(48:02):
they are not breaking any financial they are not breaking
any statutory law. What they are doing is offending the
luxury beliefs of these directors and executives and their chemtrailways
are wandering around the world spouting about climate chains whilst
driving regional New Zealand to penury. I've got every right
to take them off.

Speaker 2 (48:24):
Are the banks and hoots on? This is at each
of the major banks?

Speaker 3 (48:27):
Well, I'm astounded that even Kiwibank seems to have swallowed
the green aide here. I mean, if New Zealand first
had have known that Kiwibank was going to be involved
in this type of falsehood, highly unlikely we would agreed
for them to recapitalize on hoping that Qwibank reconsiders their position. Look,

(48:52):
there's a market.

Speaker 2 (48:54):
Just about to say New Zealand just about if the
four majors want to play that game, why doesn't another
bank come in and seize the day.

Speaker 3 (49:06):
Well, obviously the Prime Minister and our financements are talking
about competitiveness in the banks, the Aussie banks, the Aussie
owned banks, they take their instructions presumably from Australia and
all power to the hand of mister Dutton. But the
Kiwi Bank surely can see an opportunity here to look
after Kiwi businesses. I mean, I'm going to tell everyone

(49:26):
on your program the coal industry is an honest, legitimate industry.
There were more coal fired power stations started in India
and China last year. There was more coal sold last
year than any other time because there's an immutable law.
People will back electricity before they back chilliness.

Speaker 2 (49:49):
It is true. So it's fair enough to a bank,
so you'll get a cheap loan for a solar panel,
which is fine, but it's not acceptable if you can't
get money if you want to run a legitimate business.
What legally can you do specifically to make them behave
if they're not well?

Speaker 3 (50:06):
Obviously we've got a private members bill. I mean, look,
every bank in New Zealand has to operate within a license.
Why on earth should a license be extended to an
ossie owned bank so they can come here, impose their
own walk to moral priorities, impose their luxury beliefs on
garden variety. Kiwis eching out in existence selling minerals from

(50:29):
regional New Zealand. What citizen mandated these corporate undertakers to
impose this system of belief upon us. They don't have
a well, they do have a moral superiority about them.
This is the pop They're wandering around the world, creating chemtrails,
going to these irrelevant talk fests. Anyway, climate change regulations

(50:53):
in New Zealand represent now a major deadway cost jar
economy cannot afford.

Speaker 2 (50:58):
Do you think that with the arrival of t and
that ideology, and potentially the arrival of Dutton and that ideology,
that this problem could solve itself?

Speaker 3 (51:08):
I think so because the United States of America will
continue to reduce their challenges in relation to pollution. I mean,
climate change is not the only problem confronting New Zealand
and various other nations. We've got a host of other challenging,
challenging issues to deal with. And unless we generate economic surplus,

(51:29):
unless we keep people employed, unless we maintain buoyancy and confidence,
we won't have the seplus to look after the climate.
I think that the high tide mark this climate group
think and all these group is infesting these sustainability units
is usefulness is abversely related to the ebb and flow
of capitalism in New Zealand as well past its high

(51:50):
tide mark.

Speaker 2 (51:50):
Speaking of which, ironically and Tied and the television news
obsessed themselves last night with your behavior, along with your
leader's behavior towards the Greens in general. Do you stand
down to your pologized to you double down, what do
you do?

Speaker 3 (52:03):
No, it's a Mexican standalf.

Speaker 2 (52:07):
Appreciate it. Shane Jones, Resources Minister, sixteen minutes away from
mate Mike Asking. I love that the TV news last
night was completely exercised by Peters and Jones, but didn't
seem at all interested in the Murray Party shameful behavior
towards Karen Saw. Let me come back to that in
the moment, because you make an excellent point.

Speaker 1 (52:26):
Sixteen to two the Mike Asking Breakfast Full Show podcast
on iHeartRadio powered by News Talks.

Speaker 2 (52:33):
It'd be thirteen away from Mike. I worked for a
petrol company. I raised the banking a lot of you like,
I don't have time to read out all the response
on Shane Jones. You're loving Shane Jones, Mike, I worked
for a petrol company. I raised the banking issue with
Simon Watt's Climate Change minister before Christmas. He hid behind
the argument that these banking mandates to d Bank were
coming from our UN climate change commitments and everyone was
doing so. Jones at last is speaking common sets what

(52:56):
is right or what's his right? But the fact is
just because you sign up to a UN climate change commitment,
as has been shown by many a country, many a time,
and many a year, and many around the world. You
don't have to adhere to any of it. And the
tide is turning and the world is changing. And I
think the thing that's forgotten in this whole debate is
no one backs coal or all of that. So we

(53:17):
all understand that fossil fuels in the long term and
not particularly good for us. We understand that. But nevertheless,
the reality, and that's the critical part, The reality is
that China's not playing ball, India's not playing ball, America's
not playing ball. Therefore the world is not playing ball. Therefore,
where you know, what do you want to do you
want some economic growth or do you want to die cold? Mike?
I loved that the television news last night was completely

(53:38):
exercised by Peterson. Jones didn't seem to be interested in
the Maray Party shameful behavior. Can't remember the channel, Kristen,
but one of them covered it, so you had No
one's been beaten up more than Karen Shaw. She has
received an astonishing amount of abuse and bullying from fellow
MPs and her short time in the Parliament, but she
was in front of a select committee. It was the

(54:00):
was at triple seven a or double seven a double
seven whatever it is with Orangatamariki, and there were two
Mari party members, both women, both bullying her, openly bullying her.
Two MARI members asking a fellow Maray member, I e
her to give a Maori answer to a Maori question.
And it's just the whole thing is so pathetic it

(54:22):
makes you say it. We'll talk after right with Marcus
Armstrong and I'm looking forward to the catch up. He's
Indy Cars. We're talking McLaughlin, Armstrong and Dixon. He's changed
teams and he looks the good So we look forward
to the catch up after eight Tenderwey.

Speaker 1 (54:36):
The Mike Hosking Breakfast with the Range, Rover Villa News
tog sad b Blodo.

Speaker 2 (54:41):
Seven Away from eight, increasing ankst Around, Concerts, concert dates,
consumer rites. A couple of weeks ago, Drake announced the
two stop tour, but already the day it's been pushed
out by a Fortnite. This is a thing, The Timeless Tour,
including Boy George and the Little River Band, Travis Scott,
Juicy Festival, The Paradise that Hey Rock festival. They're just
to name a few consumers. Seeing your investigative journalist Chris
Schultz is with us on this Chris Morning. Hi, make

(55:05):
So what do you write? Are there rights? I mean
if I say I'm coming Tuesday and then I say,
what's sorry, it's got to be Thursday, what happens?

Speaker 11 (55:13):
Yeah, you definitely have rights under the Fair Trading Act.
If an artist cancels a show, you're allowed your money back.
Drake has offered refunds to fans because he's changed these
these dates. So yeah, you definitely have options when you're
buying tickets as well. At the moment you can. You
can take a little box that offers insurance and that
can also give you a few extra rights as well.

Speaker 2 (55:37):
Your advice, this is like buying anything like airline tickets,
is your advice to always take the insurance box or not.

Speaker 11 (55:43):
It depends, you know, if you're buying tickets for a
show that's a year away, I think it might be
a lot can happen in a year. You might be
moving house, you might change cities or jobs, so that
that could definitely be worth getting insurance for. It depends
on the price of the ticket to you know, if
you're buying a three or four hundred dollar ticket, which
they can go up to these days, then it's probably

(56:05):
worth getting assurance. If it's a thirty dollars show, you know,
down at Double Whammy, then probably not so important.

Speaker 2 (56:12):
Is this a thing that's a trend that's growing and
has it got anything to do with the fact that
we're at the bottom of the world and maybe at
the end of a tour.

Speaker 11 (56:21):
Possibly, Look, raps are notorious for this. Travis Scott did
it last year. Childish Gambino I think was due to
play a couple of days ago and he canceled that tour.

Speaker 4 (56:29):
I think he was injured.

Speaker 11 (56:30):
So that one's so legitimate excuse for Drake. You know,
he's down here. I believe everyone thinks he's hiding out
because Kendrick Ornara is playing a Super Bowl and he's
worried about anything you might say or do. Again, Drake,
that had a big feud last year, So yeah, it
is happening. The other thing with festivals at the moment, Mike,
is that police are cracking down. They're opposing liquor licenses

(56:52):
at the moment, which is what happened to Juicy Fest.
That also affected a timeless tour. That's why sixteen to
eighteen year olds can't get all way this year. So
there's definitely a lot going on.

Speaker 2 (57:03):
Sure where it gets tricky as far as I can
work out, as you've be coming from out of town.
So yes, you can get a refund on your ticket.
That's life. There's just an inconvenience to deal with. But
then you've got airlines and hotels and rental cars and
that's where are there are obligations there or not?

Speaker 11 (57:17):
It's complicated. There could be if one of the guarantees
has been breached, you may be able to claim for
any reasonable forseable losses under the Consumer Guarantees Act. That's
the fine prints. In reality, you know you've got a
fight for that. You'd have to go to dispute tribunal,
file a small claim. I don't know if anyone's really

(57:38):
got that in them. You know, for accommodation, if you
go through it like accommodation, you don't normally pay for
that until you have that accommodation you arrived at Hope
the hotel that normally pretty pretty flexible, so you should
be able to get out of that with flights again,
they offer insurance as well. If you're booking flights for
a concert, you may just want to tick that spot.

(58:00):
It's like eighteen twelve dollars and then you are covered
under that.

Speaker 2 (58:05):
All right, or alternatively, Chris appreciate it very much. If
the concert's only been moved today, you could just leave
your own New Zealand flight and given its delay, you'd
probably arrive on time the next day anyway, so that
could work out well for you. Chris Shultz, who is
the he's the consumer senior investigative journalist? Are they now
replacing newsrooms? So a business is now employing senior investigative

(58:27):
journalists to be senior investigative journalists instead of newsroom. That's
an interesting development. Great news. Over the holidays, by the way,
a couple of the kids went to a festival and
they do this every year and have done for a
number of years, and they crash at our place, and
then they invite their mates to crash at our place,
and it's nothing short of a nightmare. And I keep

(58:50):
saying to them, I've said for several years, I said,
you're too old for this. Bollocks. Anyway, this year they
worked out they're too old for this bollocks because they
went to this festival I won't name, it doesn't matter.
It's in the middle and no where. The moment they
get there, there's no cell phone coverage, so they lose
each other. First, one wanders off to go get a
bourbon and coke, and the other one goes off with
the toilet. The caw find each other anymore because no
cell phone coverage because you're in the middle of the paddock.

(59:10):
Then the second thing they do is that they then
panic about how to get home because we said pick
you up. Get lost, so they want to take a bus,
and of course there aren't enough busses because the festival
organizers deliberately make it so they aren't enough buses. So
you trapped till four o'clock in the morning. So they
finally came home the next day when they roused themselves,
we said you're going again next year, the said NAT,
So good news at last. News is next.

Speaker 1 (59:34):
The mikeskame been sateful, engaging and vital, the mic asking,
Breakfast with a Vida, Retirement, Communities, Life your Way, News,
togs head be.

Speaker 2 (59:51):
There's just no change, which one hundred percent of experts
were expecting. The problem is the president's spoken, and it's
a new president and so it's PALB. Trump and there'll
be the usual commentary from Jay Powell that I'm assuming
it's about half past eight this morning, our time, so
we'll have something that it's interesting for you after, like

(01:00:11):
did the meantime at seven past eight. I think a
lot of good stuff is going to happen on racetracks
around the world this year, and a lot of it's
going to involve Kiwi's. For Marcus Armstrong, the IndyCar Dreams
goes well, basically next level. We've got a new team
and he's in all the formats as he was last year, Oval,
Road and Sweet. The first of the season is Saint
Pete's and Petersburg March too, of course, and Mircus Armstrong
is with us. Mircus morning, Happy New Year.

Speaker 17 (01:00:33):
Good morning, thank you very much for having me.

Speaker 2 (01:00:35):
Not at all. Did you get home for Christmas at all?
And if you did, did you drive anything.

Speaker 17 (01:00:40):
I was very lucky to get back to New Zealand
for a split second. My trips are often short and sweet.
But yes I did, guess in a race car with
my old man. Actually he's a pretty good driver.

Speaker 12 (01:00:54):
Himself.

Speaker 17 (01:00:55):
So we do a couple of track days out at
Hampton Downs and a Porsche Cup when we when we can,
and it's a lot of fun and I actually get
reduced to engineer, so it's pretty fun.

Speaker 2 (01:01:08):
Fantastic as as a father, who you're right, he is
a very good driver, and I follow him with interest
over the summer and stuff like that. He must be
stoked at you'll progress beyond it. I mean he must
be thrilled at what you're doing.

Speaker 17 (01:01:21):
Yes, he sure is. He's quite analytical. I would say
he's my biggest critic outside of my own team. So no, no,
he's fantastic, and it's great that he understands the sport
because there's so much to it. There's so many variables.
For example, you know you could do your job perfectly

(01:01:42):
as a driver, but you know you have a team
of three hundred and fifty people and if someone does
make a mistake then it impacts you on track. So
he understands that and he's very good. He's very supportive.

Speaker 2 (01:01:55):
Not that there's anything wrong with a cap car, a
nine to eleven cup car, because they're a great car.
But when you've driven what you've driven, is it a
bit slow.

Speaker 17 (01:02:05):
Well, I don't want to say that, but yes it is.
It's to be fair, it feels like a bit of
a taxi when you come from racing high downforce cars like.

Speaker 3 (01:02:18):
Like Indy Car.

Speaker 17 (01:02:18):
You know, when we have three four tons of downforce
on the car at top speed and you go to
a Porsche Cup car, which you know might have a
couple hundred kilos of downforce and a lot less horsepower.
So it's still good training. I mean, every race car
is good from a training point of view, just because

(01:02:39):
you always want to feel how the car is moving
and stay sharp. But for sure there will be a
slight adjustment period jumping back into a very high downforced,
high horse powered car.

Speaker 2 (01:02:52):
How much better are you as a driver and in
what areas have you improved?

Speaker 17 (01:02:58):
That's a very good question. The thing is with this sport, there's,
like I said, so many variables. I would say that
in more recent years. You know, it's not for me
to say, of course, but I feel like I work
with my team a lot better. As I said, there's
three hundred and fifty people that we work closely with

(01:03:18):
and making sure that we communicate properly and explain our
thoughts of how we want the car to be developed,
without you know, putting your ego or involving your ego
too much, because you start to you start to give
poor feedback when your ego gets involved. So being very
self critical and honest about what we can do better

(01:03:39):
from a team perspective, and just communicating properly. I think
that's probably the thing I've improved in the most recent years.

Speaker 2 (01:03:46):
How much technically changes from season to season in terms of.

Speaker 17 (01:03:51):
The cars, Indy car is reasonably stable. You will know
Scott Dixon, of course, who has been race forever. I mean,
you know, he was my childhood hero. And the cars
actually haven't changed dramatically since, you know, since twenty ten.

(01:04:12):
I think we have the same chassis. We've had the
same chassis since twenty thirteen. But of course, you know,
they always throw curveballs. There's a couple of new tire
regulations and different center of gravity and weight distribution and
things like this that actually make a bigger impact than
you'd think, especially when everyone's in such a routine of

(01:04:34):
bringing the same set ups year after year. So the
smallest regulation changes do actually make a big difference, as
they have this year. You know they've changed hire compounds
and often we don't know what we have until the
very first race.

Speaker 2 (01:04:48):
How much testing and how much driving are you doing
between now and March, which is pete.

Speaker 17 (01:04:54):
I'll be honest, it kind of sucks this offseason because
we haven't done any testing, and in fact it's you know,
we all want to be on track, of course, but
the regulation state that we can only do one official
day of testing before the season starts. So you know,
when I was back in New Zealand, the ASB Classic
was on and all those tennis players are playing tennis

(01:05:17):
for five hours a day and all of that, and
you know we can't do that. So it's one of
those unique sports where you can't actually practice your own sport,
which makes preparation and teamwork so much more important because
you kind of have to hit the ground running. You know,
you can't ease your way into the season.

Speaker 2 (01:05:37):
There's a I'll ask you the question now, come back
for the answer after the break. But we're getting a
lot of texts asking how is it possible to have
three hundred and fifty people in the team. So think
about that and you come back to Marcus Armstrong with us
out of the state's thir team.

Speaker 1 (01:05:50):
Past Dight the Mic Asking Breakfast Full Show podcast on iHeartRadio,
how It By News.

Speaker 2 (01:05:56):
Talks it be coming up sixteen past eight the Indie
season ahead of us. Marcus Strong has a new team.
Will come to the details and that just a couple
of moments, right Marcus, three hundred and fifty people. What
do they all do?

Speaker 17 (01:06:07):
Yes, Well, there's a lot of people that There's a
lot of engineers for a start, I mean we have
simulation engineers and dais for engineers and all the rest
of them. And obviously we have the mechanics. There's a
lot of mechanics involved, and research and development guys. Yeah.

(01:06:27):
I mean also you know, not to mention the media
and everyone who looks after the sponsors and so there's
it's just a a big organization. So it's important to
all be on the same.

Speaker 2 (01:06:39):
Page in a general sense in sport. Globally, at the moment,
sports seems to be on a real tear. I mean,
you know, you look at the NFL that's growing. You
look at motorsport it's growing. Do you feel that in
America and Indie carras Indiecarra as strong as it's ever been.

Speaker 17 (01:06:56):
I think so, and I think it's getting stronger. Frankly,
you know, this season we have Sports taking over, so
it's going to be you know, every single race will
be broadcasted on network TV, and you know NBC did
a great job as well. But you know, Formula one
has obviously exploded in the States because of the Netflix show,

(01:07:16):
and that has also transferred over to IndyCar. And frankly,
IndyCar has the best racing product in the world, like
there's just no doubt about it. And I think people
are starting to recognize that, especially especially people oversees. I
think in America people have always recognized the quality of
IndyCar racing, but certainly in New Zealand and in Europe

(01:07:40):
as well, people are truly recognizing the quality of this
racing product.

Speaker 2 (01:07:45):
I tell you what I talked to Scott mcgochlin when
he was we did the Indie thing and the qualifying
at Indy and those on board cameras when you're going
around as in the Brickyard, when you're going around that
place in qualifying the speeds, you guys go, it's faster
than the brain. I mean obviously not literally faster than

(01:08:05):
the brain can calculate otherwise you kill yourself. But it
must be so close to that, oh, definitely, And it's
difficult to explain really, But luckily last year was my
first time, so I sort of have a fresh memory
when it comes to sort of my first impression, which was.

Speaker 17 (01:08:22):
First, firstly, you need to keep your eyes two hundred
meters further ahead than what you're used to because if
you sort of look where you normally look, you're already
past that point, so your eyes almost don't move fast
enough for the car speed. And you know, two hundred
and forty mile an hour or two thirty three average,

(01:08:43):
you know that's it's pretty extraordinary speeds. But as well that,
you know, no one really talks about the g load
where you can't you can't actually breathe when you're under
full g load in the corner, so you kind of
need to be prepared to just hold your breath in
those high g load compression areas and remember to keep

(01:09:05):
your eyes up because it's it's a wild ride.

Speaker 2 (01:09:07):
It's amazing. Maya Shank is your new team. There was
a mister Meyer and the mister Shank. How did that
come about?

Speaker 15 (01:09:14):
Yes?

Speaker 17 (01:09:15):
New team this year? However, in theory. It's still under
the chip Inc Racing banner with the Technical Alliance, so
I'm very lucky to keep my engineering core, so my
lead engineers and my data engineers I managed to I've
managed to keep with me. So we're going to have

(01:09:36):
some form of continuity, which is important in a championship
that's this comparedive and fundamentally, we're going to keep the
same car set up philosophy, which helps me to, as
I said, hit the ground running. So I'm I'm pretty lucky.
I feel optimistic about the season, and I got to
say that we're light years ahead of where we were

(01:09:57):
last year, just from it from a techn cool point
of view.

Speaker 2 (01:10:01):
So I'm looking towards to it bent as you should be. Mate, Listen,
go well. Always a good, always great pleasure to catch
up with you, and hopefully we'll talk during the season
as well, but we'll we'll watch on with a great
deal of interest.

Speaker 17 (01:10:14):
Thank you very much for having me.

Speaker 2 (01:10:15):
No worries, mate, Marcus Armstrong out of I think what
do we say? It was Indianapolis at the moment ahead
of the first race in the early part of March
at Saint Petersburg in Florida, twenty past eight.

Speaker 1 (01:10:26):
The mic Asking Breakfast with Bailey's real Estate newstalgsz'd be.

Speaker 2 (01:10:31):
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Speaker 21 (01:10:52):
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it out for a free gift and be you Glenn

(01:11:35):
pask egg that one, Mare, Mike, get again another eloquent
successful KII race car pilot. Yes, Mike, great interview. These
motorsport athletes speak so well, very impressive, very mature. Yes, Mike,
this young man sounds very mature. Will he is? You
don't go three hundred and fifty odd k's round a
track without being mature and having him head in the
right place and pressed with Marcus. If you let your
ego get in the way, you may not get the

(01:11:56):
answers you should from your team. Sound business advice as well.
Holy Mike, your questions are concise, interesting and efficient. Well
that's what I'm here, not good for anything else, so
I might as well be good at asking you a question.
I didn't have time. David dicker rodin Cars has a
new prototype car. He's basically wanting to build an F

(01:12:16):
one car you can buy. He has a prototype car
that's got four tons worth of downforce. He says, it's
too much. You need less downforce, so much downforce you
can't get the speed you need now. Maybe different for
Indy cars, I don't know, but they're running three or
four tons of downforce. It's ridiculous morning Mike talking about
up and coming Cole Davis, youngster from New Zealand, is

(01:12:38):
in the Supermotocross Championship, currently sitting fifth, turning heads in
the States. The greats of motocross say he's got the
potential to be one of the very best writers ever.
In his first season as a pro, three races in
watch this space and remember the name Cole Davis. He's
just sixteen, by the way, so that's a top tip.
Thank you for that. Trump's had to back down. He's
about to sign his first Laurie's busy speaking in Washington

(01:13:00):
at the moment. He's going to find the signs first law.
But they have back down on yesterday's shambles over the
budget office. Who came out and said let's freeze all
the money and everyone went what who for? And then
they started spending the rest of the day going well
what about them? They go on, no, no, that part's
not frozen, Well what about them? No, no doubt that
part's not frozen, but that part is anyway. So they

(01:13:21):
went back and forth all day. Judge got involved and said,
let's just tie hoe on this because your clowns clearly
don't know what you're doing. So out of the White House,
the Budget Office has all to day pause on federal
grants and loans. So they're back down already. So it's
not proving to be a very good day because of
course joy Panwell hasn't moved the interest rates down, which
is what Trump wanted. So fortunately Trump is able to

(01:13:43):
sign a law, so that's exciting. Coffee prices are rising
despite Trump's canceled tariff on Columbia headline on CNN yesterday,
and that is why CNN don't rate anymore, and it's
why CNN are laying off people, and it's why the
media in general is in so much trouble. Coffee price
is a rising despite Trump's canceled tariff on Columbia. Now

(01:14:05):
they want you to believe that somehow, because the tariff's
on Columbia got canceled, the price of coffee should be
coming down now. Anyone who knows anything about coffee along
with coco. Knows full well that the tariffs, which were
never actually in place in Columbia at all, because they
only lasted about two and a half minutes before the
Columbian president. The president rolled out his own plane to
bring the people. They came the coffee price and the
cocoa price. And rather, we've got nothing to do with

(01:14:27):
the tariffs and got nothing to do with Trump. So
stop making up stupid headlines and you might not find
yourself in trouble.

Speaker 1 (01:14:35):
News, opinion and everything in between. The mic costing breakfast,
it's with the range rover, the la designed to intrigue
and use togs EDB.

Speaker 2 (01:14:44):
So I gave you the price. He round, So Powell
will stand by for and see if he says something
gripping as regards the FED. So they haven't moved. The
other thing is Trump has gone back down on the
business of the federal funding yesterday, but he is going
to sign his first piece of law, that's the Lake
and Riley Act.

Speaker 22 (01:15:00):
You'd say, how can people do this, How can they
allow this to happen? How can they allow criminals to
pour into our country and then try and defend it,
And they're still trying to defend it, but they can't.
That's why I'm here instead of somebody else. Actually, it's
the biggest reason. I believe it's the single biggest reason
inflation was horrible. Many things were horrible during that administration

(01:15:21):
when you look at what took place in Afghanistan, the
way they got out, not that they got out, but
the way.

Speaker 2 (01:15:26):
So many things were horrible.

Speaker 22 (01:15:28):
But to me, this was the worst of all.

Speaker 13 (01:15:32):
International correspondence with ends an eye insurance, peace of mind
for New Zealand business.

Speaker 2 (01:15:37):
Mike and Riley, by the way, was a person who
was a student who was murdered by an illegal immigrant.
And when that happened, has happened in Georgia, and of
course the whole thing exploded, and then you got Ice,
and then you got the border, and hence you've got
Trump the president. And so that goes twenty two minutes
away from nine. Let us go to Britain and the
Great Rod, Little Rod, morning to you.

Speaker 1 (01:15:54):
May.

Speaker 2 (01:15:55):
I'm doing very well, indeed, Starmer's approval writing and see
I followed this with a great new of interest over
the summer holidays here and he's in driddfl dridful trouble.
The party's in trouble. He's in trouble. Does it matter
when your terms are five years long?

Speaker 12 (01:16:10):
I guess in a way the answer to that is
in the long term no, which is to assume that
you will somehow redress the problem. But I think it
matters to him because there is a question and more
and more people are asking this, will he last the
full five years? And he's kind of tied himself to

(01:16:31):
the mast of his chancellor, Rachel Reeves or Rachel from
Accounts as she keeps being called in the media here,
and it's just not looking very good at all. So
for the Labor Party, no, I don't think it matters hugely.
For Kirstarmer. I think it probably does right.

Speaker 2 (01:16:52):
And having said that, at what point, if at all,
do people within the Labor Party start to go, tell
you what, although we're in government, this blank might not
be all he was cracked up to be. We might
need somebody else. Is that real or not?

Speaker 21 (01:17:06):
Well?

Speaker 12 (01:17:06):
West Streeting's been doing that since about August twenty fifth
and is touting himself around the streat And he's a
capable man, you know, he is one of the few
people in what is not a terribly garlanded front bench

(01:17:26):
who is a genuine politician, an intellect, an arrival of Starmers.
But there's also dismay growing on the left of the party.
So we've had the resignation of counselors in Derbyshire and Dover.
More recently. I spoke to an MP who'd resigned from

(01:17:46):
the party on my radio program on Saturday, and she
was quite superous in her attack upon Starmer himself. I
think the skids are under him a little bit, and
he's increasingly tetchy when approached by journalists, and there is
a problem there.

Speaker 1 (01:18:05):
Now.

Speaker 12 (01:18:06):
That's not to say, you know, first six months it
could all change, but the way the economy is looking,
it doesn't seems like it's going to change any time quickly.

Speaker 2 (01:18:14):
You alluded to it. How is your radio show going?

Speaker 12 (01:18:18):
Oh, it's it's it's like it's like Heaven devoted a
radio program to the Earth, and I was putting, it's
all right, mate, it's not doing bad. The audience is
quite large. It's times radio. You can hear it, but
it would probably be about something like four or five

(01:18:39):
o'clock in the morning, so I wouldn't bother you all this.

Speaker 2 (01:18:42):
Oh no, no, no, they'll put it out on a
podcast or something like that. I'm sure. Now there's Rachel
rib so I'm watching her. So another run Why at
Heathrow is suddenly going to solve the economic problems?

Speaker 3 (01:18:51):
One?

Speaker 2 (01:18:51):
Is that true? Does anyone believe that? And there is
that her sole answer to this? There's elusive growth to
she chase us?

Speaker 12 (01:18:58):
Well, no, of course not. I mean the truth is
that under retires and the Labor Party growth has dried
up completely. We are flatlining. We are If our economy
was a human being, it would be lying in a
back alley way with no signs of life and alcohol
dribbling down its nose. It's in a real, real state.

(01:19:23):
And the idea that simply to bung a new runway
into his row will say that it may it may
be useful, it may be needed. It also infuriates the
lefties within the Labor Party. You think that we shouldn't
fly anywhere but go to places on winged unicorns instead.

(01:19:48):
So it will annoy those people, and I don't think
it does anything for growth whatsoever. What would do something
for growth is if she cut benefits by twenty percent,
lowered the tax rate for the lowest paid people in
the country, and Andrew moved the national insurance charge from employers.
That would lead to growth. But she ain't going to

(01:20:10):
do that.

Speaker 2 (01:20:11):
No, not so the Mendelssohn thing and Trump, and I
think Trump signed him off, So that part's been sorted.
Is he equiesced in and humiliating an embarrassing way given
what he said he has He's.

Speaker 12 (01:20:24):
Been saying how much he really likes Donald Trump and
how things have changed, how he was completely wrong about
Donald Trump all those years ago. But there are still
problems there. He's still being investigated by the FBI. And
this is over his connections in China. Just wait until
they look at his connections in Russia. There is a

(01:20:44):
problem there. Not only is Peter Manilson totally inappropriate as
an ambassador because he there is nothing which links him
to Trump and the administration, but also he has been
admired in corruption problems for decades. It was a truly,
truly bad decision.

Speaker 2 (01:21:03):
Always a good time with you, Rod, appreciate it very much.
Rot a little back on Tuesday here on the Mike,
asking breakfast. It is seventeen minutes away from nine a
free good point. Why didn't you ask Marcus about Angela Cullen.
I was, it was on my list of things to do,
but I always you get ready for more questions than
ever I have time for. Angela Cullen is another New Zealander,

(01:21:24):
by the way, who does remarkable things and has done
for many many years, and is probably not known as
well here as she should be because in the motorsport
community she's almost a godlike figure. She was with Lewis
Hamilton for many many years, so if you only casually
follow motorsport, she was a sort of a whitehaired woman

(01:21:44):
who would always be by the side of Lewis Hamilton.
She did a whole bunch of different things. She's a physio,
she was a mentor to him. He spoke extremely kindly
of her, and then the year before last they sort
of split and no one ever said anything. So she's
sort of retired apparently, and she wanted off around the
world and DoD some stuff. Anyway, turns out she ended

(01:22:04):
up with Marcus Armstrong in his team for a period
of time. She's now left. If you follow with one,
she's now left and gone back to Lewis Hamilton at Ferrari,
and everyone seems happy about that.

Speaker 1 (01:22:15):
Sixteen two the Mike Asking Breakfast Full Show podcast on iHeartRadio,
Howard By News talks that'd be.

Speaker 2 (01:22:23):
So Trump has just signed the like in law. He
was talking before he did that about his new Homeland
Security za Christy no Secretary of Homeland Security.

Speaker 22 (01:22:34):
Who's going to be fantastic. I know her so well
and I know it's probably not complementary because she is
a woman, but she is tough.

Speaker 11 (01:22:43):
Where is she?

Speaker 22 (01:22:44):
Where is Christy? Christy?

Speaker 3 (01:22:46):
Christy?

Speaker 11 (01:22:47):
Great?

Speaker 2 (01:22:47):
Stand up?

Speaker 22 (01:22:48):
Please, you have such an important.

Speaker 2 (01:22:50):
Job to do.

Speaker 22 (01:22:56):
Really, thank you very much, and don't let that look
for you. That look is uh, she's tough and she
cannot stand what's that she's having to sit here and
even listen to this today.

Speaker 9 (01:23:09):
So not so despite the fact that she's a woman
and she looks good, there's more might actually be able
to do a job.

Speaker 2 (01:23:15):
There's more where that come from. Glenn. Just just buckle
in for the next four years. Meantime, Jay's having a wood.

Speaker 23 (01:23:21):
As the economy evolves, we will adjust our policy stance
in a manner that best promotes our maximum employment and
price stability goals. If the economy remains, economy remains strong,
and inflation does not continue to move sustainably toward two percent.
We can maintain policy restraint for longer. If a labor
market were to weaken unexpectedly or inflation were to fall

(01:23:42):
more quickly than anticipated, we can ease policy Accordingly. Policy
is well positioned to deal with the risks and uncertainties
that we face in pursuing both sides of our dual mandate.

Speaker 2 (01:23:54):
You've been went on to say, and Donald, if you're listening, Nana, nana,
So no change there by the way, I started the
program many hours ago with the story of land Drover.
So this tomorrow, thirty first of January. Who can believe it?
There's a nineteen forty eight land drover which has been discovered.
This is a barn fine so uncovered for the first
time in thirty years back in twenty fourteen. Right, So

(01:24:16):
it's a nineteen forty eight land Rover, Series one famous
famous look it up. If you don't want to, you'll go, oh,
one of those chassis number R eight six double zero
two zero twentieth production land drover ever made very first
land drover in this country anyway, it was one of
the very first original production land drovers in the world.
They're highly sought after these days. It went through its

(01:24:38):
compliance in November of last year. He has sailed through,
so it's got a new owner, which is why I'm
telling you this. A guy called Julian. Julian thought, how
am I going to get it from the bottom of
the country which is where it is, to its new
home in Auckland. I know what I'm going to do.
I'm going to drive it. And so his driving starts
tomorrow and he's turned it into a sort of a
charity event starts into Needing at nine thirty tomorrow morning.

(01:24:59):
It's called Drive for Hearts, raising funds to develop a
heart valve that grows with the hearts of children. So
it's remarkable stuff and a good cause apart from anything else.
As it drives from Didneedin to Auckland, remember this nineteen
forty eight Series one, it's going to stop at Landrover
clubs and Landrover retailers. It's going to be supported by
a new defender of one ten that's supplied by land

(01:25:21):
Driver and so if you see it'll get the chance
to see it. Then you're looking literally at a piece
of history, the greatest Series one Landrover. If you want
to look this up today. Richard Hammond, as in you know,
Richard Hammond did a lovely piece about the original called Huey.
It was found in a field in Britain. They were
so excited about it. They took it all. It was together,
just they took all the bits and they stuck it

(01:25:43):
in a museum and people could come along and look
at it and bid and Jim Ratcliffe who owns Manchester
United and his very best friends with Ben Ainsley. I kid,
he bought it and he put it back together, and
when he put it back together he thought this fantastic.
I wonder if it goes well across the Gobi Desert.
It's one of the most famous stories in all the
murtoring but Richard Hammond and a lovely story about it.

(01:26:04):
Look that up today if you've got time. Night away
from nine the.

Speaker 1 (01:26:08):
Myke Hosking Breakfast with a Vida Retirement Communities News togsad B.

Speaker 2 (01:26:13):
I'm very pleased to report that over the holiday the
Wellington City Council have got their act together. News this
morning they're ev chargers that they well three and a
half million dollars they were going to make a profit.
The ev charges are now unfortunately they're not going to
make a profit. They told us they were going to

(01:26:34):
make a profit, but now they're not going to make
a profit. Our revised response this was to an Official
Information Act inquiry. Our revised response is that there is
no council commitment to implement the project for a profit
or to break even. The council spokesperson Richard said the
program was never meant to break even or make a profit.
But David Lee, who city councilor for two terms, a

(01:26:55):
couple of terms ago he had the climate change portfolio,
he said it was always meant to break even at
the least of not make a profit. So the councilor
thought it was going to make a profit or break even.
But Richard, who presumably is new to all this work,
so it's never meant to make a profit. So the
council got half a million dollars towards the project from
the Energy Efficiency and Conservation Authority. Of course they did
the EECA. They said at the time when they sold

(01:27:17):
it to you, it was going to make money. Now
it's not going to make money. It's going to do
nothing but lose money. Good to see things were on
track five minutes away from nine trending.

Speaker 1 (01:27:26):
Now with chemist Well house Keeping Kiwi's Healthy All Year Round.

Speaker 2 (01:27:31):
The world premiere of Bridget Jones, the latest Bridget Jones movie,
and I'm assuming the last one is on right now
in London, and I'm assume it's in Leicester Squares. It
in Leicester Square, normally in Leicester Square. Bridget Jones in
the movie plays a red carpet reporter. Rene's back for this,
of course, and so she was quizzed by none other

(01:27:51):
than the BBC's Charlotte Gallagher.

Speaker 21 (01:27:53):
You're American, You're playing this British icon. Did you expect
it at first to be so embraced? Did you think
people would go why complaining this?

Speaker 9 (01:28:01):
I didn't really think about any of that.

Speaker 14 (01:28:03):
Actually, I just felt really really lucky and I was
just trying not to get fired.

Speaker 21 (01:28:09):
And just one more question, can I ask you? What
is your advice? I'm a red carpet reporter. I know
you've done this in the film. You're a pro as well.
What's your advice? What would Bridget do?

Speaker 8 (01:28:18):
Reporting?

Speaker 15 (01:28:18):
Now?

Speaker 9 (01:28:19):
You did a fantastic job.

Speaker 20 (01:28:21):
I mean, I don't know that Bridget would be a successfology.

Speaker 21 (01:28:25):
I think would she definitely makes a movie.

Speaker 1 (01:28:30):
You don't want to ask me for advice on a
red carpet.

Speaker 13 (01:28:35):
So.

Speaker 2 (01:28:38):
The movie opened to you fib thirteen, I must say.
And when we played the promo of the Bob Dylan
movie last year, I didn't think that Chamalay had done
much of a job on Dylan.

Speaker 4 (01:28:50):
What did he just call it?

Speaker 2 (01:28:52):
Chamalay? You know Chamalay? Anyway, I didn't think he had
done much of a job on.

Speaker 9 (01:28:56):
Dylan or a deep pronouncing his own name correctly.

Speaker 2 (01:28:59):
But everyone I know who's gone to it, and it
includes young people who are in a band that I
am associated with at the moment, and they are big,
but they thought gob smacking brilliant. A sister in law
went gob smacking brilliant. Everybody seems to think that Shamalay.

Speaker 9 (01:29:18):
Should nominate him for some kind of award or something that.

Speaker 2 (01:29:22):
He's oscar in all day long. Apparently back tomorrow, one
more for the week. Let's give that a go, shall we?
From six as always?

Speaker 1 (01:29:37):
For more from the Mic Asking Breakfast, listen live to
news talks it'd be from six am weekdays, or follow
the podcast on iHeartRadio.

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