Full Show Podcast: 31 October 2024

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:01):
Setting the news agenda and digging into the issues. The
Mic Hosking Breakfast with Bailey's real Estate, your local experts
across residential, commercial and rural news togs d be welling
and welcome.

Speaker 2 (00:12):
Today new stats on how long people on benefits stay
on benefits. You will not believe it. We got a
new Zealand startup making good noise, big noise in the
United States. Hayden Hadden on a major motorsport invite. Joe
McKenna is in Raymond, wand Little is in the UK
on Budget Day asking welcome to Thursday seven past six
to tell you what if this government wants a money
saving idea, then they can cancel the two COVID inquiries

(00:35):
we've got under at the moment and simply adopt Australia's.
Australia's released yesterday's damning as indeed will ours be and
ours will be pretty much the same as Australia's because
within a margin, we did pretty much the same thing.
The irony, if there is one, is that they had
versions of theirs, and here's a major lesson. Even with
the versions, it's broadly accepted, none of them turned out
to be much chop. If we were a state of Australia,

(00:56):
we would have come in at the tighter or more
restrictive end of the Australian version. Places like Victoria were
very much like us because they were run by two
very similar sort of people, Dan Andrews and Jacinda Adune.
They were hard left control frecks. Western Australia was an
outlier in the sense they had a lot of rules,
but not many of them applied inside the state. In
other words, they locked themselves off from the rest of

(01:16):
the world, but because they were self reliant they got
on with life. New South Wales, run by conservatives, had
the most lenient response. But and I would have thought
this is the biggest outtake. No matter what the response,
faith and trust has been lost. The rallying cry post
COVID has been to learn the lessons, so we're ready
for next time? Are we ready for next time?

Speaker 1 (01:38):
No?

Speaker 2 (01:38):
Will we ever be?

Speaker 3 (01:39):
No?

Speaker 2 (01:40):
Will it be worse?

Speaker 1 (01:41):
Yes?

Speaker 2 (01:41):
Why? Because, as the report suggests, the big lesson we
have learned is that the people who run us aren't
up to much, and they did a lot of things
we would never go along with again, which does, of
course present a very real issue. I would have thought,
because it's entirely possible there will be a next time.
These reports are also predicated on the idea that those
who ran it all learned their life. Will they, of

(02:01):
course not. The public service is full of Ashley's and
cinders and dens and gladuss inhibits them or their milk
running things. Next time we'll look exactly like this time,
except and this is where the carriage will ensue. We
won't be along for the rye.

Speaker 1 (02:16):
News of the world.

Speaker 2 (02:18):
In ninety seconds in Britain, and there's advertised the Libor
governments might good on their promise to up the Texas
all over the place.

Speaker 4 (02:24):
Any chancellor standing here today would have to face this reality,
and any responsible chancellor would take action.

Speaker 2 (02:35):
The Tories love it.

Speaker 5 (02:39):
Rachelius has chosen to break a manifesto pledge not to
increase national insurance. This is a twenty five billion pound
tax rise which will hurt employees.

Speaker 2 (02:49):
Just before we leave Britain. By the way, they've spotted
a bit of the impos He is.

Speaker 6 (02:53):
Being treated and is isolated at the moment, and the
UK Security Agency say the risk to the wider public
remains no.

Speaker 2 (03:01):
Then to the stites where poor old Joe not having
played much of a role in proceedings into the Rice
yesterday with his own version of Clinton's deplorables on.

Speaker 7 (03:09):
A garbage icy float down there is his supporters, His
demonizational seat is unconsitable, and it's on American It's coly
contrary to everything we've done.

Speaker 2 (03:19):
Camelon needed that, of course, like a hole in the head.

Speaker 8 (03:21):
Let me be Claire.

Speaker 2 (03:22):
I strongly disagree with any pinsism of people.

Speaker 7 (03:27):
Based on who they vote for.

Speaker 9 (03:30):
It's you've hurt in my speech last night and continuously
throughout my career.

Speaker 2 (03:34):
Mind you, Trump is still trying to distance himself from
that idiot at Medicine Square Garden.

Speaker 7 (03:38):
I don't know who it is. I don't even know
who put him in, and I can't imagine it's a
big deal. I've done more for Puerto Rico than any president.
You wish he was in there. Yeah, I mean, I
don't know if it's a big deal or not, but
I don't want anybody making nasty jokes.

Speaker 2 (03:54):
Yeah, it's a big deal. Finally, Google, they've banned seventeen
Russian telement continents on YouTube because of international sanctions. So
Russian court has handed down a fine on behalf of
those seventeen TV channels, they find them twenty decillion dollars,
which is twenty followed by thirty three zeros. For the record,
that's more than all the money in the world. Are

(04:15):
the world that apparently the global economy is worth about
one hundred trillion dollars, so that is news of the
world in ninety second, speaking of money, speaking of economies
and finances, Germany's inflation has searched, so that's not good.
They're up to two point four percent annualized for October,
way higher than they thought it was going to be.
But Australia's come to the party. They've got virtually no
inflation there within the band. They're down to zero point
two for the quarter two point eight for the year,

(04:38):
so those cuts have got to be coming. Eleven past six.

Speaker 1 (04:42):
The Mike Hosking Breakfast Full Show podcast on iHeartRadio how
it By News talksp.

Speaker 2 (04:50):
Despite German inflation, the Eurozone grew zero point four percent
for the third quarter, so they thought it would be
zero point two, so they had more growth than they thought.
USGDP booming point eight percent annualized this morning, and they've
got jobs galore private companies two hundred and thirty three thousand.
How about that for data fourteen past second nine m
Often people say it's the most data rich show on radio,

(05:12):
and I've been on the fence, but I think it
probably is. Now Andrew Callagher from Joe and I Wealth
morning to you.

Speaker 10 (05:18):
Good morning, Mike.

Speaker 2 (05:19):
My favorite thing about Alphabet is I like to see
their income each quarter and I look at them. I
mean the numbers. It's like small countries, isn't it.

Speaker 10 (05:25):
Yeah, eyewatering, really aren't they? Yeah?

Speaker 11 (05:28):
So the big players really coming to the plates this
week after the market closed today, we'll have Facebook and
Microsoft that that's meta, sorry, so we'll catch up with
that tomorrow morning. Yeah, after we spoke yesterday, Alphabet or
the Google owner released their third quarter results. But it's
been there's been a bit of trepidation or concern heading
into this earning season about these megacat companies whether they

(05:50):
could still keep delivering these numbers. But we shouldn't have
worried about Alphabet because it's delivered better than expected earnings
for the third quarter.

Speaker 10 (05:57):
So contributing to.

Speaker 11 (05:59):
That, you've got higher digital advertising revenues, increased amound for
cloud computing, and what I would call resilient use of
its flagship search engine Google. So you had good gains
in both revenue and profit. Here's the numbers, here's what
you're talking about. Total revenue increased to eighty eight point
two seven billion US dollar.

Speaker 10 (06:20):
I mean, it's just an absurd.

Speaker 2 (06:21):
Isn't it.

Speaker 11 (06:21):
You know, these comings to the twillions of dollars. That's
up sixteen percent on last year. That was above the
consensus estimate of eighty six point four to five, So
eighty six point four to five, but they got eighty
eight point twenty seven. You take out what they call
acquisition costs. This is the way they tend to look
at these things, seventy four point six billion.

Speaker 10 (06:40):
But that was also up sixteen percent.

Speaker 11 (06:41):
So consistent across both measures. Earnings per share an important metric,
two dollars twelve considence expectations. They're a dollar eighty four,
so beat expectations. Now in the background, might you've had
this discussion around AI and how much these megacap companies
are spending and whether or not they can leverage and
monetize that spending, which is substantial.

Speaker 10 (07:03):
You know, Microsoft spending billions.

Speaker 11 (07:05):
Open AIE on Alphabet's case, AI has played a role
in driving increased demand and its cloud computing business, so
at this stage, the result seems to validate this substantial
investment they've made into that space.

Speaker 10 (07:18):
There's also been this other issue might Google.

Speaker 11 (07:21):
You know, you go and google something, you've essentially had
a brand name, it's become a verb. But that's going
to face increasing competition from things like chat GPT, so
you'll go, well, chat GBT, we won't Google it. But
it doesn't seem to be affecting at the moment. And
also in the background this expectation that Alphabet will grow
its cloud computing division and then that will sort of

(07:41):
tend to offset what's happening on, you know, with the
search engine now. CEO Sun Dyed peach I he did
point out he did note the importance of the AI solutions.

Speaker 10 (07:51):
Here's another statistic buried in their mic that I thought
was amazing.

Speaker 11 (07:55):
Twenty five percent of Alphabet's new code is written by
A They don't have humans doing it anymore, it's AI
doing So you're going to start to what you call
what you see AI overviews. When you google something, you
get these snippets of information won't just be links to
other websites and just quickly, Mike, they've got these other
businesses as well. One of them, way Mo, do you

(08:16):
remember when we all sort of poo pooed, WEIMO said
this will never go anywhere. Well, I've seen a number
overnight that says they are doing one hundred and fifty
thousand real self driving taxi rides per week. That's in
places like San Francisco, Phoenix, Arizona. So it is building momentum.
Looks like they're you know, they're getting it done. Positive
share price action was up just under six percent. This

(08:39):
is despite the fact that in the background you've got
all these anti trust issues as well.

Speaker 2 (08:42):
So good result. Interesting. I was watching Jim Chalmers yesterday.
He's calling in a soft landing and I reckon, you
might be right.

Speaker 10 (08:48):
Yeah, this is the ausie CPI.

Speaker 11 (08:49):
You talked about zero point two percent Q three, headline
below market expectations zero point three and yes, a headline
inflation back on three percent two point eight. They do
focus though, of the market focus is on a slightly
different measure called the Trimm demean now that smooths out
the volatile items that came in at zero point eight percent.
And three and a half percent year on year, but
that was in line with expectations. There's services sector though,

(09:12):
still plenty of inflation and they're four point six percent
year on year. What has happened, Mike is this seems
to have cemented expectations that you will not see a
cut in the Australian cash rate until well after Christmas.

Speaker 10 (09:23):
And actually it's.

Speaker 11 (09:23):
Looking like, you know, maybe not even you won't seem
till May.

Speaker 10 (09:27):
So only a very very small chance of ratecus this year.

Speaker 11 (09:30):
They've you've still got robust employment numbers they're coming through.
Didn't move their market around too much. But yes, you're
sort of talking about a soft landing there now, aren't you.

Speaker 2 (09:38):
I reckon we are, and that's why all the New
Zealanders are leaving for Australia. Now, what are the numbers?

Speaker 1 (09:43):
Yeah?

Speaker 10 (09:43):
Dead right.

Speaker 11 (09:43):
Well, so at the moment, the US share markets are
in positive territories, although only just the Dow Jones is
up to point two eight.

Speaker 10 (09:51):
Percent forty two, three hundred and fifty, but the S
and P.

Speaker 11 (09:54):
Five hundred eching out a very small game six points
up five eight three eight, and the Nasdaq up ten
points eighteen thousand two hundred and seventy three. The forty
one hundred was down sixty points three cores of percent
eight one five nine forty billion of extra taxes there
nick thirty nine thousand, two hundred and seventy seven. It
was up just under one percent overnight. The Shanghai Compost

(10:16):
fell point sixty one percent three to sixty six. The
OSSI's yesterday lost a point eight three of a percent
on the ASEX two hundred eighty one eight o was
the close there, and we lost point six nine percent
on the Znex fifty, closing at twelve thousand, six hundred
and ninety five. One Kiwi dollar on the wholesale markets
will get you the grand total of point five nine

(10:37):
eight two US dollars point nine zero nine three Ozsi
point five to five oh seven Euro point four six
oh two pounds ninety one point five eight Japanese yen
gold just edging higher again two thousand, seven hundred and
eighty five dollars and breakthrough seventy two dollars and fifty
eight cents.

Speaker 2 (10:55):
Tomorrow Man Andrew Kelleherjmiwealth dot Co dot m Zsky Game
five World Series in the baseball Yankees Dodgers in New
York once again, Game three in New York. I told
you at the beginning of the season the average price
was going to set records. Average price for a ticket
seventeen hundred US dollars. It is now up to three thousand,
eight hundred and eighty seven US dollars. And that's just

(11:17):
to stand six twenty one. Here at news Talks.

Speaker 1 (11:24):
Good the Mike Hosking Breakfast Full Show podcast on iHeartRadio
powered by News Talks.

Speaker 2 (11:30):
It be a couple of things you're probably involved in.
Read it. They came through with the result. Their shares
through the roof this morning. Everyone seems to love Reddit
and snap Do you know anyone who runs the Spectacles.
I don't know anybody who's got there anyway. Their their
fifth generation of those spectacles, you know, Snapchat and all
that sort of stuff. They made a small fortune. Everyone
seems to like them as well. The budget rod later,
but broadly speaking, what they did in the UK they're

(11:52):
raising taxes by forty billion pounds, so they've increased the
national insurance contributions. Everyone thought that was coming. They freeze
the income tax. National assurance thresholds not extended to be
on twenty twenty eight. That was a surprise. They're increasing
the capital gains tax, there's a freeze on the fuel duty.
They'll take that introduction of a VAT on private school fees.
They thought that was coming, and they're spending it all

(12:13):
on things like health and public transport. Anyway, Rod later
on Sex twenty.

Speaker 1 (12:17):
Four trending Now Queen chemistwelluse the home of big brand ftamens.

Speaker 2 (12:22):
Now Will Ferrell, who I spent some time in a
lift with once in Melbourne. He's got a new song.
He's teamed up with John Oliver. I've never been in
a lifter indeed anywhere with John Oliver. After a discussion
about the US naturalization ceremony, a conversation funnily enough, I
had with Craig Parker off here when he was in
the studio the other day. But I can tell you
about that later. Anyway, when you become a US citizen,

(12:43):
God Bless the USA, the Lee Greenwood song is played.
Greenwood says the song was supposed to be a political
find that hard to believe, but anyway, Trump uses it
every day. So that's finished. So here's your new song.
When you're at your naturalization ceremony, real big charger with
a real big brah. We're kind of hoping you get help.

Speaker 1 (13:02):
Salt there, telepangelists and fossil.

Speaker 2 (13:05):
Fuels, metal detectives and all our schools going airlines.

Speaker 12 (13:11):
And they're American now so hard r and cheskey tricks,
Santa col roll sticks, thousands of medical bankrupts.

Speaker 4 (13:32):
Wedding.

Speaker 2 (13:40):
Thinking about the naturalization ceremony that Craig park Of the
actor has gone through, because often these people that New
Zealanders who go over there for hollywoodn't do there. You know,
once what do they call the season when you're going
you do your your trials and full of shows anyway,
pilot season who pilot seas? Yeah, so anyway they and
then they come back home. You get in And it's

(14:00):
a funny old thing America because America most of the time,
if you listen to the immigration debate, they don't want
you in there. Whereas if you are an exceptional talent,
you get into America on an exceptional talent visa. And
as far as I can work out, and Craig would
be an exception because he is an exceptional talent. But
some of the people I've met who've got exceptional talent
visas really don't have exceptional talent. They're just try hards

(14:22):
who want to get a television show anyway, that's what
they call it. But once you've gone through that, you
can get a green card. And then once you go
past that, which he did, you go to the naturalization ceremony,
which is one hundred and fifty questions, some of which
will be asked to you randomly speaking, and if you've
got to get them all right, and if you don't
get them right, you're no longer allowed in America. He reckons.

(14:43):
The average American wouldn't have the slightest clue as to
the answer to any of them, which makes it even
more ironic. But there you're going, Oh, look, I don't
have time to tell you about the time I was
on the list with Will Ferrell. What a shame? News
is next?

Speaker 1 (14:58):
You're trusted of the news, Entertainment, opinion and Mike Mike Hosking,
Breakfast with a Vita, retirement, Communities, Life your Way, news
TOG sad.

Speaker 2 (15:08):
Be they got a crime wave on the streets of rime.
So if you think New Zealand's bad, don't feel too bad.
Romes even worse. Apparently, Joe mckennath for you. Very shortly
twenty three minutes away from seven Now, we talked you
about List of Sistless week. It's a New Zealand startup
that's making it big in the States. Uses AI to
allow natural language queries for realistate listening. So founder Christ
mcdldbrick is, what is Chris morning to you?

Speaker 1 (15:28):
Good morning?

Speaker 13 (15:29):
How are Yeah?

Speaker 2 (15:29):
I'm very well. Indeed, now I featured you on the
program and I think you probably heard it some way somehow,
And my suggestion was, were you personally offended by what
I said? Were you deeply upset Chris by my analysis
of your company or what happened there.

Speaker 14 (15:43):
Look, I was very apprecive of it. I had a
couple of friends and family reach out and say that
you mentioned list of system and a few details around.
You know, you mentioned what we're doing that perhaps weren't
so accurate.

Speaker 3 (15:55):
I thought it was great.

Speaker 14 (15:55):
I think we could do some great and commercials together.
You starting with the German gloom of white could never work,
then me coming in and talking about all the things
we've done to bring it to life. So I'm all
for it.

Speaker 3 (16:06):
So was it?

Speaker 10 (16:07):
First of all?

Speaker 2 (16:07):
Let me ask you some some startup questions. Was raising
money hard or not?

Speaker 14 (16:12):
I think it's always really hard, to be honest, it's
and you know, we launched as kind of late twenty
twenty two, so it was sort of after I sorted
the boom period of late twenty twenty early twenty twenty one.
So it has been hard throughout the process. But we
were fortunate the first trip that I went to the US,
we got investment from the top Remax owner in the world,

(16:33):
and that gave us some really good initial credibility over there,
which has made that process a little bit easier over time.

Speaker 2 (16:38):
And what do you see your growth pass as? Is
it exponential or you've got a plan or what?

Speaker 14 (16:43):
Yeah? Absolutely, I mean we're still really focused on just
putting one foot in front of the other and kind
of executing a lot of these recent deals that we've
brought to life. So not getting ahead of ourselves with that,
but yeah, certainly a planned for exponential growth over time.

Speaker 2 (16:56):
Have you built the AI part of it that's unique
to you? Do you in other words, do you do
something no one else can do? Or is this just
a bit of AI that someone else will think of eventually? Anyway?

Speaker 14 (17:06):
No, so we've kind of built a lot of our
own technology, and one of the things that you reference
was these sort of things only being as good as
the information given from the agents, and that kind of
being the barrier as to why this stuff maybe wouldn't
become as effective as you might hope. What we do
is we enrich the data with things like our own
computer vision that we've built, which is our ability to

(17:27):
understand property images. We've built our own AI models too,
which enable us to create another layer of data. We
also incorporate things like locational data. I know you mentioned
stuff like you wouldn't be able to say, close to
this school or close to this restaurant. All of that
capability we have at the moment, and our approaches look
a little bit different. So we actually go to existing

(17:47):
real estate websites and essentially take over their search and
enable this AI search on their website. So it's slightly
different to some of the other type of approaches we've
seen around search.

Speaker 2 (17:58):
Was I correct though, in saying that no matter where
you get your material from, it's only as rich as
that material pool of the pool doesn't have what I'm
looking for, it can't bring it to me.

Speaker 14 (18:10):
No because again we enrich the data so that an
agent may may overlook the fact that it's got a
poll or a certain type of backyard. As when you
ingest the data and process things like the images. We
add all these different layers of data to it which
enable us to essentially match them to what a user
is asking.

Speaker 2 (18:28):
How much labors involved in that? In other words, you're
taking what I was trying to say was you're looking
potentially to include every single piece of detail so that
no matter what I ask, it'll go, I've got the
house right there for you. So how much input does
that require?

Speaker 14 (18:45):
Yeah, so in terms of a consumer asking, or in
terms of non.

Speaker 2 (18:49):
In terms of you creating the information that's so rich
and so detailed that no matter what I ask, it's
got a good accurate answer.

Speaker 1 (18:59):
Yeah.

Speaker 14 (18:59):
So obviously, as I mentioned, we've been going for a
couple of years and building throughout that time, so it
has taken a long time. It's one thing too that
it's never kind of finished, you know, so as we've
kind of I think where you might have seen us
was in that story that we've taken over search for
the largest independent brokerage in America, and so things like
understanding how their users are actually using it, the types

(19:21):
of searches that enables us to continue to adorate and
get better and understand the areas that we need to
improve on and the evolution that we need to, you know,
kind of bring to our models.

Speaker 2 (19:33):
Will you get to a point and I'm asking from
ignorance here. I don't know whether it's doable. I see
a house that I quite like. Will there come a
day when I can somehow show AI or your tool
this photo, see this house, AI show me seventeen virtually the.

Speaker 14 (19:48):
Same, absolutely, and there's stuff like that kind of, you know,
not too far away. One of the progressions that we're
working on. As you go to let's say one of
our American clients and you say, a red house with
a blue door in a big backyard near that school.
As we start showing you properties, you'll soon be able
to go, well, I don't like that kitchen, I like

(20:08):
that backyard. And what that does is continues to build
information on you as a lead, which gets passed on
to agents. So by the time an agent gets kind
of your information instead of a traditional lead which knows
Mike's interested in five Smith Street or whatever it may
be We now know Mike isn't like these bathrooms, who
likes kitchens that look like vers He wants to be
in this area. So it just builds so much efficiency

(20:31):
in that sales cycle.

Speaker 2 (20:32):
Are you a AI freak or are you just an
entrepreneur who's who's seen an opportunity here just in.

Speaker 14 (20:39):
The more entrepreneurial path I would I would think trying
to be an AI freak, but probably more in the
entrepreneurial side of that.

Speaker 2 (20:45):
Right, So where are you at in the broad based
global discussion that AI is going to tip us upside
down and change the world in which we know it
versus it'll probably do some cool stuff, but we've overreacted.

Speaker 14 (20:56):
Yeah, look, I'm probably more in that it'll probably do
some course doesn't we've overreacted. It's been a really interesting
learning curve for us. I think there's been so much
hype around it and a lot of the discussions that
we've had with with different people in America, they've been like, look,
I just kept seeing solutions to problems. I don't think
I have. People are so quick to bring these products
the market without you know, real life use cases. So

(21:17):
you know, for us, we've been hyper focused on real
world proof points. You know, so we got a couple
of really good clients early on and just nailing that
execution and bringing value and generating real ROI has kind
of been what our focus has been on and that's
proved pretty effective so far.

Speaker 2 (21:33):
And Tessa go well with it. Might appreciate it very much.
Chris McGoldrick, who is the founder of list Assist out
of the State seventeen Away from seven.

Speaker 1 (21:41):
The Mic Hosking Breakfast Full Show podcast on iHeartRadio powered
by News Talks It.

Speaker 2 (21:47):
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Speaker 7 (22:45):
She's trying to disassociate herself.

Speaker 1 (22:48):
From sleepy Joe Baden.

Speaker 2 (22:55):
I like this idea, Sep.

Speaker 1 (22:57):
I didn't say it.

Speaker 15 (22:59):
Well, in case who you just said that? Who's this?

Speaker 7 (23:02):
He can handle himself, He screams, she's an idiot.

Speaker 1 (23:08):
But I didn't say it. I didn't say it.

Speaker 7 (23:13):
In fact, I'd like to admonish you, sir, you should
not say that.

Speaker 1 (23:16):
Please this way, the press can't get me international correspondence
with ins and Eye Insurance. Peace of mind for New Zealand.

Speaker 2 (23:24):
Business let's go to literally join the Kadam morning to
you good money. Make Italy and Libya the deal. What's
at play here? What's Libya got that Italy wants?

Speaker 15 (23:35):
Well, this is.

Speaker 12 (23:36):
Prime Minister Georgia Maloney's fourth visit to Libya, and of
course the attention is very much on keeping migrants in
Africa and not letting them cross the Mediterranean. But this
was also about doing deals between Italy and Libya.

Speaker 10 (23:52):
Of course the.

Speaker 12 (23:53):
Oil is important there. They want to promote investment in Libya,
which says to me that the situation must looking a
lot more stable than it has in recent years. They
want to boost foreign investment and do deals between the banks.
One of the Italian airlines is going to resume direct
flights to libyat Earth also next year. So this is

(24:13):
part of Italy's plan to invest, try and build business,
keep migrants where they are and stop them from crossing
the Mediterranean.

Speaker 2 (24:20):
So yeah, no, that's the reason I asked the question.
It seems just not one way. But I don't know
how much Liby is offering anyway. Speaking of which the
Albania thing as speaking of migrants in Bologna, how many
do you like America. You go to different courts and
different regions in different places and get all sorts of
different decisions and the whole thing's a mess.

Speaker 12 (24:38):
Yeah, well, this is an interesting one. Apparently a Bangladeshi
migrant asylum seeker was seeking international protection. They went through
This migrant went through the one of the Bologna courts.
Not sure why they chose that one, but this one
has obviously taken a strong stand and is referring the
whole Albanian deal that Maloney is pushing for migrants. The

(25:02):
offshore migrant centers referred that to the European Court of Justice.
Maloney says she doesn't care and she's going to press ahead.
So let's see what happens there.

Speaker 2 (25:10):
What's your top court? So if you go regionally, if
you pick a favorite light, you go to someone in
California for a soft decision, and then you end up
at the Supreme Court. But the supreme courts, you know,
federal obviously do you do? You have that same system
in Italy.

Speaker 12 (25:23):
There are three levels of appeal and it stops at
the High Court, which is based in Rome.

Speaker 2 (25:27):
Essentially, speaking of Rome, what's going on with the crime wave,
What's happening there.

Speaker 12 (25:32):
Well, it looks like with all these tourists that we've
talked about Mike coming into Rome, the restauranteurs and the
bar owners say that their clients are being besieged by
thieves and bag snatches. One of the restaurant associations saying
they're getting one hundred reports a day of muggings, thefts
and pickpocketing in the bars and restaurants. They've got gangs

(25:53):
running through their restaurants and they're really working hard to
make tourists aware of the risks if they leave their
bags or their belongings on a chair or a table
and don't keep an eye on them.

Speaker 2 (26:06):
It's funn You should say that we're friends who went
through Italy, not just Ruying, but other parts of Italy
and sitting in a pizza these days. Correct me if
I'm wrong. They were suggesting you were bothered constantly by
beggars masquerading as thieves or thieves, Mester, You just can't
have a quiet meal anymore. You're just being hustled the
whole time. Is that fair or not?

Speaker 12 (26:26):
Look, I think there are a lot of beggars and
also people selling jewelry on the streets you know, coming
up to you in restaurants offering you stuff that you
really don't need or want, and interrupting constantly. And I
was at lunch with a friend today and we had
at least two people stop us and ask us to
buy things as we were sitting there trying to have
our lunch.

Speaker 2 (26:46):
Is anyone doing anything about that or not? Really?

Speaker 12 (26:49):
No, I don't think so. It's certainly a worry with
the pickpockets, and the police are reacting. They're doing more
checks on the subways, and I think we're going to
see that step up as we go into the Jube
year next year in twenty twenty five.

Speaker 1 (27:02):
Good.

Speaker 2 (27:03):
I know you're back, due back on Tuesday, so we
look forward to your company. Then appreciate it pretty much.
Joe McKenna out of Italy for us this morning. I
note that Venice is going to double. They obviously worked
out at works this five euro thing where you go
to Venice you get charged depending on what day you go.
They try and keep you out in the busy periods
are between April and July, weekends and stuff. Anyway, they're
going to double the number of days they charge you
to go to Venice as of next year, ate away

(27:24):
from seven.

Speaker 1 (27:26):
The my hostal breakfast with a Vida Retirement Communities VA before.

Speaker 2 (27:31):
We believe the EU, they finally got around to slapping
the tariffs on the Chinese EV's. Tesla's get seven point
eight percent, but some of the major players out of
China get thirty five point three percent. It's all been
sanctioned official put in the journal. The Chinese say it's bollocks.
They don't you know. They'll probably slapped something else on tomorrow.
But nevertheless, this is EU's response to China over gearing
the business of the Chinese EV's and dumping them on

(27:52):
the market. All they say, dumping them on the market.
So that's been implemented this morning, I've minutes away from seven.

Speaker 1 (27:58):
Billy HiT's the Fizz with business Fiber take your business
productivity to the next level.

Speaker 2 (28:05):
Right zero. Small Business Insight reports also out this morning.
Thirty one percent of small businesses cut staff and Q
three Q three in July, August September due to the
sales dropping. This is not good. Our highest percentage of
businesses to do so since early twenty twenty when the
lockdowns came in Hospo not surprisingly, hardest hip forty five
percent of hospow businesses have shrunk their workforce. If you

(28:29):
take a closer look at the numbers, job growth was
actually up six percent year on years, So that's the
encouraging part. That growth was only fueled by twenty seven
percent of the small businesses. So the small businesses that
are doing okay are carrying the heavy load when it
comes to the jobs. Those sales, by the way, overall
down two point seven percent on the year. Every single
industry experienced to drop in sales and every single region

(28:51):
in the country. So urick in Q three is going
to be going backwards in terms of the GDP I think,
so that would be our third recession in two years.
Largest clients construction down over five percent, agriculture down over
four percent and retail down four percent. Flat worst hit
region Taranaki overall sales down six percent. Northland had the

(29:11):
best result. Sales are only down zero point nine percent.
But whichever way you slice that, it is hard work
being a small business. It is hard work finding a job.
At the moment, it is hard work for this economy.
And I'm looking across the Tasman at Charmers. As I
mentioned earlier on yesterday they got inflation well and truly
under control. They got a buoyant job market. Teachers in
New South Wales they announced a deal yesterday. Do you

(29:32):
know what you start on as a teacher in New
South Wales now over one hundred thousand dollars a year
and you wonder why people are leaving? Speaking of jobs
in welfare. Louise Upston boys, she got a job on
her plate. We talked to her in just a couple
of moments.

Speaker 1 (29:47):
The newsmakers and the personalities of the big names. Talk
to Mike my costing breakfast with the range Rover vi
La designed to intrigue and use talks.

Speaker 2 (29:58):
He'd be past seven. New insight into the damage social
welfare is doing lives around the country. The Ministry of
Social Development has got these new numbers this morning. Those
under twenty five on a main benefit, we'll spend an
average of twenty more years on a benefit over their lifetime.
Under twenty fives on job seeker will spend an average
of eighteen years. Those under twenty who are receiving a
youth benefit will spend an average of about twenty three

(30:20):
years on a benefit. Now, the Minister of Social Development
and employment louis upstince and chargeable or of this since
she's with us. Very good morning to you.

Speaker 13 (30:26):
Good morning Mike.

Speaker 2 (30:27):
I remember talking to you about this. I can't remember
whether you were justin government or inn opposition and we
had these numbers. Had those numbers changed up or down
in any material way since we last talked.

Speaker 9 (30:37):
They haven't really changed. And this data is based on
a report using data from September twenty three. It is
pretty dire and it actually shows why we have to
do far more to the welfare system to make it
more active and not tolerate this sort of forecast.

Speaker 2 (30:56):
I feel I'm in a parallel universe. These numbers can't
be real. Are they real?

Speaker 9 (31:03):
They are real, and they are based on what has
actually happened with people who've been in the job seeker system.
So the model is very accurate. It is a forecast.
And so now it's our job in government to take
more steps to ensure this doesn't happen. And that's what
our job is ahead of.

Speaker 2 (31:22):
Us, do we?

Speaker 3 (31:23):
So?

Speaker 2 (31:24):
I read the numbers to mean that if you're young,
if you're twenty in this twenty three years, you'll go
in and out off of benefit on and off of
benefit over that twenty three year period. You might get
a job, then you lose a job, get a job,
lose a job. Is that right? Or are these people
just on a benefit forever.

Speaker 9 (31:38):
No, it is on and off, as you quite rightly say.
But the reality is if you think about twenty three
years out of your working age, that's fifty percent, so
your income, earnings, your opportunities are far less than someone
who's been an employment and that's just something I'm not
willing to tolerate. That's why we've put so much work

(31:59):
into welfare that works, supporting young people with phone case management,
making that it clear to them, with the traffic light
system what their obligations are. We're just not willing to
sit back and watch that happen because those are young
Kiwis who deserve the same opportunities that every other king
he does.

Speaker 2 (32:16):
It's a gargantuan task then of what I say is correct,
because what you're doing is seeing people on the fringes
of the economy, aren't you. So when things are good,
they'll pick up a job for a year whatever, then
they're back unemployed again. They're probably in the wrong part
of the country. They've got nose skills. Those are big
things you've got to turn around.

Speaker 9 (32:33):
Yeah, and absolutely, when the labor market is tight, young
people are disproportionately affected. But the good news is when
the economy burns, they also pick up employment more quickly.
So we need to ensure they spend less time on welfare,
that they don't get stuck there, and that we get
them on track with some training, with some education, and

(32:55):
definitely with some work opportunities. That's why we've set the
target to reduce the number on jobs see benefit by
fifty thousand in six years, because we know work makes
such a difference to people's lives.

Speaker 2 (33:07):
That's the truth. Do you still as a government see
unemployment still rising. We're going to get out of this
year and into next year and it's going to be
the last lag figure before things turn Yeah.

Speaker 9 (33:18):
Unfortunately, that is the reality when you come out of
a recession, unemployment is the last to kind of feel
the effects. Treasury Head forecast that the peak would be January,
so that's likely still to be the case, but it
might lag a bit further than that. Look, at the
end of the day, we're not waiting. We're not waiting
for it to get as bad as it might get.

(33:39):
We're taking active steps now to support more qbs into
work or to get them as ready as possible. So
when the economy does turn, businesses have got more confident.
We've got people on our books and MSD is working
incredibly hard so that employers can pick those Kiwis up,
those Kellys lives can go forward.

Speaker 2 (34:00):
Well, it's hope. So I appreciate time, Louis Upston, Minister
of Social Development and Employment and mean it's sobering. It's
in eleven minutes past seven pastoral details run the ice
speaking of sobering. More details run the ongoing response from
the state and the sexual abuse survivors and the Royal
Commission into their treatment. Now the government will reimburse legal fees,
was yesterday's announcement. Ninety five survivors cut a deal back
in two thousand and one with the Crown, but the

(34:21):
law firm acting for the group at the time clip
the ticket. So on average each survivor lost out around
twenty seven thousand dollars.

Speaker 12 (34:27):
So.

Speaker 2 (34:27):
Jim Goodwin is an abuse survivor who was on the
Royal Commission Survivor Advisory Group Anders with us. Jim very
good morning to you.

Speaker 3 (34:34):
Good morning.

Speaker 2 (34:35):
So far, from my estimations, we've got a promise, we're
going to do something about it. We've got some good will,
and we've got the first of what presumably is non
going series of deliveries. Are you happy so far?

Speaker 16 (34:47):
Ah?

Speaker 3 (34:48):
I don't think the government should be too surprised if
the Lake Alie survivors aren't jumping up and down with delight.
I mean they've had to struggle to get things that's
sort of been given to them.

Speaker 2 (35:01):
Yeah, But I think that that's the good will part
of it, doesn't I mean, at least this government has
gone yep, we've got to do something, and here's our something.

Speaker 3 (35:09):
It's progress, it's a start, it's progress.

Speaker 2 (35:12):
Do you worry though, that we'll open the door inevitably?
Because I was thinking about this yesterday when I was
listening to Erica Stanford. No matter what they do, someone's
going to be unhappy, aren't they. It's just one of
these issues.

Speaker 3 (35:25):
I think you're right. I think you're right in part. Yes, yeah, yeah.
Survivors a pretty cynical lot, and the Lake Alice group
are very good example of that. I mean they've been
mucked around for decades, they've had to battle for things
that sort have been given to them as of right.

Speaker 2 (35:46):
The inflation argument that we seem to have yesterday. If
you're covering a bill, what were they arguing? In other words,
you missed out and if you'd got the money at
the time, at the inflation, you'd have something more substantive. Now,
the Stanford argument that all the governments have done it
without inflation. Does that ring true or hold water for
you or not?

Speaker 13 (36:04):
Oh?

Speaker 3 (36:05):
I think that's a bit of a side issue. Yeah,
I don't think that's the main issue. It's great that
the government as stepping up and reimbursing legal costs. It
would be nice if they could adjust for inflation. But
it's a bit of a side issue.

Speaker 2 (36:22):
Really, What weight do you place on the apology which
is coming in a couple of.

Speaker 3 (36:25):
Weeks quite a lot, quite a lot of weight. I
hope it's very heartfelt, but I hope it's also followed
up with action.

Speaker 2 (36:34):
Well, let's ope it's Jim appreciate it. Jim Goodwin. I
was looking at Erica Stanford yesterday and I gave you
on the program yesterday the ongoing disaster that is the
immigration system in this country and the waiting times that
we've got to put up with, and even the head
of the Immigration Service was saying it's not good enough.
And I'm looking at Erica Stanford on this. I'm looking
at Erica Stamford in immigration, and I'm looking at Erica

(36:56):
Stanford in education all areas that are dire, and I'm
wondering if she's stretched too thin. Fourteen past seven pasking
now one hundred thousand dollars on catering. You say, didn't
we hear this the other day? Oh, yes we did,
but that was a separate one. So this one hundred
thousand dollars more on catering from Health New Zealand ninety
five hundred and eighty four dollars to be precise, And

(37:18):
this was for some financial wonks for a three day conference.
So Retti once again has issued the warning to them
if you're going to do the sausage rolls in the cannapace.
Last one, the cannapays were thirty two dollars a pop.
I don't think i've ever been I don't even know
what you get. That's not just one that's a cannopay.
It's thirty two dollars or do you think it was
a hit. Thirty two dollars a hero person. Now, I'm

(37:40):
not sure thirty two.

Speaker 15 (37:42):
Dollars You're not getting thirty two dollars and Moses are you?

Speaker 2 (37:44):
I mean, what are you getting for thirty two dollars? Anyway?
Asha Verel, who was of course in charge at the time,
she was quote unquote distancing herself from it, no kidding.
Fifteen pasted.

Speaker 1 (37:57):
The like asking Breakfast Full Show podcast to I have
Radio Howard by News Talk, sa'd.

Speaker 2 (38:02):
Be Hayden Padden before eight. He's got a super cool
invitation for next year. We'll tell you about shortly seventeen
past seven after ninety five years. Speaking of cars, ninety
five years, Aukland's Western Springs Speedway moving to wake Oaka Park.
Auckland councilors yesterday feisty old meeting. Apparently they voted to
move it out to way Iraka spend eleven million dollars
upgrading the place. It's been a real battle. John McCallum's

(38:23):
the manager of Western Spring Speedway and as well as
John Morning, Good morning man.

Speaker 17 (38:27):
You said indeed we are. Yeah, I mean, who wouldn't
be ninety five years of history and that's an iconic venue,
finally pointing the curtain down.

Speaker 2 (38:35):
Does it make sense it loses money, You're better off
somewhere else, make some more money, do it more often?
Blah blah blah, or is that just bollocks?

Speaker 17 (38:42):
No, it makes sense if you want to face the realities.
But normally a counsel investment of eleven million dollars a
year sport you'd be chumping for joy. But it's a
pretty hard fact to celebrate when it's tied to You
could have the eleven million dollars, but you're no long.

Speaker 2 (38:57):
Going to be your home and so so if you would,
wud you have done anything at Western Springs? Was there
a way around it? Realistically or not realistically?

Speaker 17 (39:06):
There was? It was made very clear to us by Tau,
the landlord there, that there was no future for speedway
Western Springs. They hadn't hidden from that, and I guess
one of the things that came out of yesterday was
that the chair of Tartak he was able to stand
up there and say, look, we're not offering a new license.
There is no future at Western Springs and everybody got

(39:27):
to hear that. But they have delivered on their promise
of assisting with the eleven million dollars to build a
new facility.

Speaker 2 (39:34):
Could it boom at why Kreka the Sports It could.

Speaker 17 (39:38):
I mean we've got a huge opportunity there to build
a new track, a new stadium, all the things that
were missing at Western Springs, the many benefits around the
accessibility and for competitors, and the amount of restriction on dates,
and the things that make Western Springs so hard to
operate under the Unitary Plan and the council regulations, et
cetera will be removed. So it will definitely give it

(40:02):
a lifeline. And it was the only lifeline. Well, it's
got a much better option than disappearing completely. Was it
was no open wheeler racing in Auckland or take our Yeah,
go to Wikrecord Park and build your whole future.

Speaker 2 (40:17):
Good stuff, build it, they will come good on you. John,
appreciate it very much. John McCallum, the meeting. This has
been going on for years. Of course it won't bore
the rest of the country with Auckland's problems, but they
had a nice seven hour dissertation yesterday. Just in case
you want to be a counselor and you wonder why
know you can be bothered voting in half the people
are on council alreadiot, because yesterday just one decision was
and this was not just one meeting. They've had god

(40:37):
knows how many meetings over the years. But yesterday's back
and Forward was just the just the cool seven hours seven.

Speaker 1 (40:46):
The Mike Asking Breakfast Full Show podcast on iHeartRadio, parlered
by News Talks It Be and.

Speaker 2 (40:52):
Toning your prebble for a catch up after right in
the studio. Now with Flybys, you'll be aware this Flybys
program coming to a close. You might be wondering how
you keep earning your rewards on the old grocery shop. Well,
the good news is New World has a solution. New
World Dollars is what they're calling it. It's set to
be a game changer for the shop. It starts to
mos November one. New World club card members, you earned
dollars back with every shop, no minimum spend, so every

(41:14):
shop counts, even if you're buying a chocolate bar for lunch.
For goodness sake, It's a simple and easy way to
earn those rewards every time you scan your club card
at New World. But the best part, well, you can
see your savings grow in real time and you spend
those dollars straight away, no waiting, just total freedom to
use your New World dollars however you like. And if
you've been earning the flybys, don't worry about that. You'll
automatically switch to New World dollars so you won't miss

(41:36):
out on the rewards. And you don't even need to
get a new club card because your current card's going
to work. How good they've ticked all the boxes for you,
a new world, making it easier to save, with every
shop giving you more rewards and more freedom as of tomorrow,
pasking Tomorrow is November. Can you believe that? Seven twenty four?
Good bit of reading, by the way to be had
as a thing called the Election Study. Now it seems

(41:56):
to have been published in various outlets this week, and
it's been produced by a bunch of political scientists. It
is designed, I assume, to give us some insight into
what we did this time last year in the election.
So it talked to voters about issues and intent and
in that it's fascinating but also a complete waste of time. Now,
the intent was about change. It's a change election. The

(42:18):
economy was shot the price of everything was a thing,
so we wanted change. So far, so accurate. That's what
the report tells us now places weight and I'm not
sure why on what we say around voting intent, for example, health,
we want more money for health, we said, do we really?
I mean really? Don't we always want more for health?
Haven't we said we want more for health literally forever?

(42:40):
And given we have, why don't we vote for the
party that promises more for health, which more often than
not would be a left leaning party, wouldn't it. The
reason we don't is because what we say and what
we do are not always the same thing, of course,
and also along with the desire for more of everything,
we are of course cognizant in our quiet moments of
the cost hence the economy was shot, hence our vote
for change. Now, the report, and this is where it

(43:02):
sort of becomes pointless, looks at the current government's mandate,
what we wanted when we voted, and what we've ended
up with now. The mistake they make in putting a
microscope on all of this is we each only have
one vote. It's a very small, very blunt instrument. If
we had one hundred votes, we could analyze ourselves to
we were blue in the face, sort of like a
shopping list. The more dollars you have, the more things

(43:24):
you can buy. Our vote, in fact, buys virtually nothing
other than the knowledge we supported or didn't the winning team.
By the time our singular vote is put to well
in the big barrel, we call an election, and as
it turns out, three parties won that election last time,
and then they do a deal to be able to
work together and not scrap for three years because we
voted for MMP. Of course, what we wanted, what we

(43:47):
expected versus what we actually got may or may not
have a passing resemblance to each other. A vote if
you want a simple and yet I would argue more
accurate assessment is simply a reaction to a right and
wrong direction of travel at any given time in a country.
Anything more specific, you're dreaming Johnny come Lately, winging Mike
residences combined with counsel of put the restrictions on Western

(44:10):
Springs to make it uneconomic. The long term plan has
worked well, it seems well now it hasn't. They were
losing money. Another victory for the nimbi's Mike Mike funny
are health employees who work from home happily until they
need to be face to face for thirty two dollar canterface.
You want to pick on the housing? What have we
got on housing? Forecasts from the bank for next year
Westpac eight percent, another five percent in twenty twenty six.

(44:33):
That's growth A and Z four and a half percent
next year, five percent in twenty twenty six. This sounds
relatively normal to me. Kiwe Bank five percent for the
rest of the year, seven percent next year. They're bullish.
Infometrics quote unquote a really difficult balancing act trying to
forecast grow up here in for metrics, you're not prepared
to give us a number. Get out of the forecast

(44:55):
in game dam when your phone rings don't go oh
friendly deffinitly for pack a number.

Speaker 14 (44:58):
I wouldn't want to.

Speaker 2 (44:58):
Pack a number. Whyane Brown? Can you stand a bit
of Wayne Brown? The Auckland Mere? You want a bit
of Wayne Hey? Probably split the audience a bit there,
Big Wayne's up next here on the mic Hosking Breakfast.

Speaker 1 (45:16):
The Breakfast Show. You can trust The mic Hosking Breakfast
with Bailey's real Estate, your local experts across residential commercial
and rural news. Togs Hed been to be appreal.

Speaker 2 (45:29):
For a catch up a couple of things going on
with her and from me enough. I'll come back later.
But I was really about podcast yesterday. The number of
podcasts in the world is astonishing. Anyway, more shortly, some alarming,
if not shocking figures around our public transport in Auckland,
a service with already an appalling reputation. Of course, in
terms of delivery, we now know they are dealing with

(45:49):
more than ninety three incidents a week. In terms of
security issues on the trains, that's an average of eighty three.
We're talking assaults and robberies and thefts. Now, what's being
done about this is the Mayor of Auckland is Wayne Brown.
Of course there's Wayne Morning, Good morning. These numbers. Is
this actually you or is it Auckland Transport or is
it the contractor or is it all of us?

Speaker 13 (46:10):
It's probably a reflection of society unfortunately. I mean in
the pavy yesterday there's shocking numbers of the kids who
aren't going to school, and I mean none of them
are going to angwered up to be tradesmen or doctors.
And so that's frightening as well. So there is an
issue right across the whole of society and people get

(46:30):
shot and constibly in a bar. You know, it's and
transport is reflecting that. I mean one of the drawba's
about them increasing their percentage of people on catching on transport,
which is good that more people are getting on buses,
but more of the wrong people as well as the
right people as well obviously.

Speaker 2 (46:52):
But that's your problem though, isn't it. Because you want
to encourage public transport and people get a reputation which
it already has a reputation that's dangerous and use it.

Speaker 13 (47:02):
There's a problem, There's no question about that. And I
mean it's not as if at it's got a particularly
high public appreciation levels that they aim for city and
got twenty four and then they told we've got a
twenty percent increase to twenty eight, which is still not
very good.

Speaker 18 (47:18):
Mate.

Speaker 1 (47:19):
But the.

Speaker 13 (47:23):
Right across the whole of our society things have got bad.
There are sort of you know, the sort of people
that are going to supermarkets and refuse to pay and
walk out and everyone's too scared to hit them. Then
they're on a bus and saying telling a bus driverers.
Oh we're not going to pay. What are you going
to do about it? And I mean the bus driver's
a poor bus driver. Where we've just spent six million
dollars set aside, and it's being spent right now putting

(47:46):
protection around a bus driver. A bus drivers are a
moderately lowly paid job of doing, providing a service for
all of us. And it shouldn't be dangerous. I mean,
the whole thing's appalling. And you can't afford to have
a policeman on every bus, but the police have agreed
to be more at the hubs, at the transport hubs

(48:07):
and occasionally get on the bus. I said, you can
get on free just right. You're seen on the buses regularly,
you know, just so that people except that there might
be a bust.

Speaker 2 (48:17):
So is that the answer? I mean, there's one of
several answers that I can work out. Either you get
the cops on the bus or security on the bus
or the trains or whatever the case may be. Or
you cage the driver up, or you train the driver
to defend or do something about it. But that's all cost,
isn't it.

Speaker 13 (48:33):
We have spent them, We've pushed us out of the money,
and we are caging the driver to protect him, but
you can't cage every passenger. And the risks on the
buses are actually statistically about the same as a risk
on the street, just getting risk. No, it's not good.
But what I'm saying is essentially we've got to actually

(48:55):
learn to behave better.

Speaker 2 (48:57):
Wouldn't that be a good idea, wouldn't.

Speaker 3 (48:58):
That be great?

Speaker 13 (48:59):
But well, well, I think the judges are going to
be tough enough, but too much understanding. I had a
bad trial too, or something or other.

Speaker 2 (49:07):
You know, Well, that's that central government, doesn't it. While
I've got you this speedway thing, how long, lay, laborious
and boring. Was a seven hour meeting over why like
a record park for God's sake?

Speaker 13 (49:20):
Well, I didn't enjoy it, and so it was brought
to a clothes using some systems and then upset people
because they said they need the chance to speak. I mean,
essentially the speedway. I'm a great favor of getting more
use out of what we've got, and I'm happy to
put up with people from rugby league saying we can't

(49:41):
plan the same paddox as rugby union. I'm going you
can't at the same time, but you can't after each other.
And we've got why Cerracer Park, which is an area
where people don't really complain about the noise, and the
operator's happy to go there. The guy puts his money
into it and actually takes it. And where there be
eleven million dollars spent tarting a place up and we're

(50:04):
giving them a proper track and decent toilets and things.
It's kind of like it's moderately sensible to me. And
of course, of course, if you do anything, you piss
somebody else, and so that you know. The people don't
like any change. And I mean Queen Street used to
be a farm, but it's not any more oldly enough,

(50:24):
change happens.

Speaker 2 (50:25):
Probably better to be frank, have you been down Queen
Street lately?

Speaker 13 (50:30):
Well, we won't go there. I do go down Queen
Street at all, and but it could be a lot
nicer and and change happens, and there's been I quite
like Speedway, and I've got mates have deeply involved out

(50:52):
and we're not canceling speed They've given them a place
which for thirty years. They've got a list there with
an operation along its along with stock cars become a
center for that open wheel sport may eleven million bills
out of the savings from not having a couple across it.
Western Springs and something else, but I don't know what
it is a Western Springs, but it'll be something else there.

(51:13):
And it was just kind of like we've got to
we're going to move on sometimes and it's just hard
to do anything. Orkland. I think we've got to be
a bit more happy about This is a positive change
and it guarantees those people security for thirty years in

(51:37):
an area where people will be more happy about it
in my view.

Speaker 2 (51:41):
So one goold catch up with you appreciate very much,
Wayne Brown, Mayor of Aukland. It is seventeen minutes away
from eight PSK. The foreshere on sea bed. Let me
come back to that in a couple of moments, in
more details, so you'll be aware of what the government
is trying to do. And we've got the and this
goes back to the New Zeland initiative, the report they

(52:01):
wrote on a sort of creeping Supreme Court in this country.
So the government are looking to take the law back
to what it was in twenty eleven. The intent of
the law back to twenty eleven. At this stage they're
into the submission phase. Don brash On behalf of Hobson's
choice was in front of the crowd yesterday and along

(52:22):
with the whole bunch of people who don't like it.
But anyway, I'll work you through that detail shortly sixteen to.

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

Speaker 2 (52:33):
It be right thirteen away from it. So under the
law passed in two thousand eleven previous government, two conditions
had to be met. This is the foreshore and sea bed.
If you want to go back far enough, this is
the labor government of Helen Clark, the March, the formation
of the Maray Party, all that stuff. Under the law
passed in twenty eleven, two conditions had to be met

(52:54):
before the CMT was recognized. The appellant group or the
applicant group must hold in accordance with Tea Hunger and
applications or applicants must have exclusively used and occupied the
area we're talking about without substantial interruption since eighteen forty.
So that was the law. Some people didn't like the law,
so they went off to the court. The Court of

(53:15):
Appeal criticized the second condition, and this is why so
many people have trouble with courts as they are at
the moment, because the incursions into an area by third
party since eighteen forty would deprive a group of customary
marine title and would be inconsistent with the treaty. Why tongey,
they say, But they aren't the ultimate court. Who's the

(53:36):
ultimate court the government. So what the current government are doing,
and this is one of their more contentious moves, is
simply restoring the intent of the law as it was
stated back in twenty eleven. In other words, it is
just the government being the government, and Brash was one
of the few who were sort of supporting that idea.
And then again you can argue, well, I don't know

(53:56):
what the point of having all these submissions is, because
at the end of the day, a government will do
what again government does, and they're entitled to do so
because we voted for them. Simple as that. Mike Wayne
seems to go off on tangents, same as Donald just
saying we notice that too. It's a weave. It's the
brown weave. I don't you hear about it very often?
But the brown, the brown weavers, and I think the

(54:17):
vibe we're getting from and it is a vibe I
think I was getting a vibe. The vibe we're getting
from Wayne is you just want to be happier, and
no matter what you do, you're going to piss someone off,
quote unquote, and you just want to be happier.

Speaker 19 (54:28):
And nobody really defines happy, go lucky more than Wayne Brown.

Speaker 2 (54:33):
Right, That's what I've said for ages.

Speaker 19 (54:35):
You want to you want about your picture dictionary illustration.

Speaker 2 (54:39):
Right, I want to see a person skipping through life.
It's Wayne. I'm skipping through Yeah, the whole thing. No
one knows. He virtually came out of Disneyland. He's just like,
you know, I feel lighter just for having just having
him on the program, just being in his presence for
a couple of moments. Just it uplifts us all again.
It pissed some people off some other time, but just
go be happier. Turn away from it.

Speaker 1 (55:00):
Costel breakfast with the range Rover Villa news towards.

Speaker 2 (55:04):
Dead be sitting away from mate. So we've got good
good news from Motorsport. Hayden Patten is the first New
Zealander ever to be invited to compete into the Race
of Champions. Now, what's the Race of Champions as an
event that started in the eighties originally for rally drivers
went in to include though because the others got on
board and they thought this is a bit of fun.
I'll be into it. Schumark has been on it, Vettel
Alonzo Jensen Button. Next year it's coming to Australia, first
time in the Southern Hemisphere, so that's exciting. Sebastian Lobe

(55:27):
is also going to feature against Padden who was with
us Hayden Morning. Yeah, mord Way, very exciting, definitely.

Speaker 20 (55:34):
It's something one of those things that you always watched
as a kid, so to be part of it's pretty surreal.

Speaker 2 (55:38):
What's the format, what literally will you be doing and
where will it be done?

Speaker 20 (55:43):
So it's based in a stadium. It's very similar to
super special stages that we're having rallies where you have
two cars up against each other racing alongside at a
big stadium. You've got a crossover bridge, so the cars
crossover and basically the first car across the finished nine
wins and it's an elimination process, so all the cars
are eliminated.

Speaker 2 (56:00):
You that with one winner, fantastic your car or their car.
It's a sort of equal cars, I take it.

Speaker 20 (56:05):
Yeah, they get along three different types of cars. So
when you're racing your opponent, you're in the same cars
as each other, but throughout the you're constantly changing cars,
so you can.

Speaker 2 (56:16):
Yeah, are they radically different cars? Do you know?

Speaker 13 (56:20):
Yeah?

Speaker 20 (56:20):
They change every year. Last year they had sex on
the horse power rally cross cars. They had some single
seed of cars. You've seen rally cars in the past.
It's a huge priority, so we won't know what cars
we're driving exactly until closer to the event.

Speaker 2 (56:34):
And so what we've got so far Sebastian Libes and
he saw he sort of knows what he's doing, doesn't he.

Speaker 20 (56:40):
He's one that a few times as well. Yeah, you're
you're up again. It's literally the best of the best.
See they've already got Sebastian Vitel and Mixed Schumacher, Peter Solberg,
Jamie wind Cap and they'll be up to twenty drivers,
so yeah, there'll be a lot of top names.

Speaker 2 (56:55):
So that's incredible. See wind caup. So you're in a supercar,
you're entire I don't know how much racing is outside
of supercars. But how adaptable? Is it a skill to
be an adaptable driver as opposed to just being brilliant
at one thing.

Speaker 20 (57:08):
Yeah, definitely, Like I think Shane van Gisberg is probably
the prime example, and that'll be an adaptable across many
forms of motorsport. But it's a good skill to have
because it means under different conditions in the sport you
can adapt quite easily. But yeah, it suits some people
more than others. I'd say it probably suits more a
Raleigh background because the type of stage and setting that
it's in is similar to what we do in our sport,

(57:30):
so it's a bit harder for their guys.

Speaker 2 (57:32):
Fantastic. Where are you at in the moment? What are
you doing?

Speaker 20 (57:35):
Well, we've got one roundless in New Zealand Rally Championship
with Rally fun Ra next week and then we're into
our off season preparing for next year. So yeah, we've
had a pretty good season this year, so it's about
how we build on that and make it bigger and
better for next year.

Speaker 2 (57:47):
Fantastic, Always good to talk to you. I appreciate it
very much. Hayde and Patten. That, by the way, is
next year and the event is in Australia, it'll be
in Sydney, and so you've got some serious talent there,
which is super exciting. Yeah, the podcast thing interested me
five minutes away from USK because we're catching up with
Antonio privial shortly. She has a podcast. Everyone has a podcast.
I mean, I mean literally everyone's got a podcast, just
because you've got your different platforms. Right and on the

(58:11):
Apple platform, which was just the one I was reading
about yesterday, there's over one hundred million podcast episodes, one
hundred million podcast episodes, but there are only two point
seven three million podcasts, so that's the episodes of the podcast.
So two point seven three million podcasts. There are seven
hundred and ten new podcasts, not episodes, new podcasts just

(58:34):
added yesterday. Just yesterday, there were seven hundred and ten
new podcasts boom out of nowhere. There were eighteen thousand,
eight hundred and ninety four podcasts added in just the
last month. Now I'm assuming, like all platforms, Apple churn
them and boot them off. There were sixty three thousand,

(58:55):
seven hundred and seventy episodes removed manual or manually or
at a medically over the last thirty days, so they
are dropping like flies. So the point being that they
were making in this very fascinating article I was reading
anyone could do a podcast, and clearly they are. Guess
how long most podcasts last? One episode? A single episode

(59:18):
if you can get past one.

Speaker 19 (59:21):
So I feel quite good now because I'm up to today.
It'll be episode three, one hundred and sixty three.

Speaker 2 (59:27):
Yeah. And although I joke about your pot the re ramp,
and I've never heard it, you're You're a veteran of
the industry. Correct, You're a survivor and a king maker.
You're a change maker Glenn in the podcast world anyway.
Antonio Prebble shortly.

Speaker 1 (59:44):
The Big News, Bold Opinions, The Mike Hosking, Breakfast with Vita,
Retirement Communities, Life Your Way News tog said.

Speaker 15 (59:53):
B a long time.

Speaker 2 (59:57):
Get a seven past day catch up time with Antonio Prebble.
She's recorded the second season of Double Park, which is
out now. She has the second season of her award
winning podcast out very soon What Matters Most, And also
I am told three other television shows in development. So
Antonio Preble.

Speaker 3 (01:00:14):
Is with us.

Speaker 2 (01:00:15):
Very good morning to you, thanks for having me. Do
you know Craig Parker I do, right. So we had
Craig Parker on the other day and he was running
the same line that you are with the secret television
project thing.

Speaker 8 (01:00:29):
It's a good line, it is a good one, could
mean anything.

Speaker 2 (01:00:32):
And he gave nothing away. So can you give anything away?

Speaker 8 (01:00:39):
Yeah, yeah, I'll give you more than Craig Parker.

Speaker 2 (01:00:41):
There you go about that.

Speaker 1 (01:00:43):
There you go.

Speaker 2 (01:00:44):
So these projects are these real projects that are going
to come to fruition or we don't know.

Speaker 8 (01:00:48):
Look, we really hope.

Speaker 6 (01:00:49):
So so my husband Dan Musgrove is a writer by
trade and me. He's also an actor, but he almost
exclusively writes now. So since we've been together and it's
kind of one of those pivoting during COVID times, we've
started writing together and creating projects together. So that's why
they really are happening, because I've physically done the writing

(01:01:11):
of them.

Speaker 8 (01:01:12):
But yeah, look, I can tell you we've got a few.

Speaker 6 (01:01:13):
One is sort of a quirky black comedy about Funnily enough,
they've all got leads for women sort of in their
late thirties early forties. It's strange how we've said to
be focusing on that. But one is about, yeah, a
mother who's not coping at all with her life, and
goes to quite a sort of a modern retelling of

(01:01:35):
the Doll's house actually of insence the house and then
ones are really kind of awful psychological thriller murdery thing
that whenever.

Speaker 8 (01:01:44):
We work on it, I'm like, why are we doing this?

Speaker 6 (01:01:47):
Because I don't like watching things like that because I
find them too full.

Speaker 8 (01:01:50):
On and violent.

Speaker 6 (01:01:51):
But anyway, that's another one. And then we've just started
working on like a horror movie.

Speaker 8 (01:01:58):
Again, which I don't want, so I don't know why
why I'm sort of focusing on that.

Speaker 2 (01:02:02):
So do you set aside time with your husband to
do this? Is this like work time? And we'll start now,
and we'll have lunch and then after lunch we'll sit
down and then we'll develop something.

Speaker 8 (01:02:11):
Yes, yeah, we do.

Speaker 6 (01:02:13):
And with some of those projects we have other collaborators
as well, which kind of actually makes it easier in
terms of what you're saying, calming out time, because you're
involving other.

Speaker 8 (01:02:23):
People schedules, whereas if it's just you.

Speaker 6 (01:02:25):
And your own house, it's quite easy for it to
sort of bleed out into other things. But yeah, we
try to keep it pretty pretty highly organized. But the
good thing about working with someone you live with is
you can do a lot of it after the children
are in bed and.

Speaker 2 (01:02:38):
You and you got married. This year we did. That's
going well.

Speaker 8 (01:02:41):
So far, so good.

Speaker 6 (01:02:42):
I think we're six months and so I don't know
what that means in.

Speaker 8 (01:02:46):
Terms of like the material later it wouldn't even be cotton.

Speaker 2 (01:02:51):
But I don't know. I don't know what it is.
What's two of view of the televisual landscape at the
moment given the media is so fluxy?

Speaker 8 (01:03:00):
Yes, fluxy.

Speaker 6 (01:03:01):
I like that word for it. Fluxy is sort of
better than some other words you might use, isn't it.
Can I borrow your word and say it's fluxy?

Speaker 2 (01:03:08):
It is flux?

Speaker 3 (01:03:10):
Yeah.

Speaker 6 (01:03:10):
I mean, I'm someone I never I'm an optimistic person,
and I really try not to kind of buy into
general rhetoric about how bad things are because historically, for
me personally, I've had times when apparently it's really busy
out there and I've had no work, or also when
it's a desert out there, but for whatever reason, I'm
actually pretty busy. But generally speaking, it isn't looking great,

(01:03:32):
and people were hoping for a bit of a better
twenty twenty four than twenty twenty three, and that did
not happen at all. And now again there's whispers of
maybe twenty twenty five getting being better, but.

Speaker 8 (01:03:41):
It's quite hard to it's just changed.

Speaker 6 (01:03:43):
It's a lot harder to fund those premium style shows,
which was The Outrageous Fortune or The West Side, which
is about eight million dollars per season. It just doesn't
really happen anymore under the New Zealand funding model.

Speaker 2 (01:03:54):
So just to explain it to people, so we go
to New Zealand on air and you go, I've got
west Side or whatever, and it's eight million dollars. That
just that's not a thing, not really, there is not
eight million dollars to do something grandiose.

Speaker 6 (01:04:07):
If you want to make something that costs around eight
million dollars, you generally speaking have to have international support,
so some sort of funding from an international body, and
it's pretty hard to get.

Speaker 2 (01:04:18):
So that's that's a funny thing, isn't it, because presumably
that's a hit and miss equation. It's a risk at
eight million dollars. But that all the great stuff we
talk of is the stuff that may be exactly and
may it made the difference. So what are we left
with then? Just small?

Speaker 6 (01:04:35):
Yeah, around so I think around around three million dollars,
and Double Parks was made for three million dollars. It
was made even less for the first season, right, first
season two weeks. So you know, you can make shows
for that amount of money, but they aren't just that
that premium level or the hour long dramas.

Speaker 8 (01:04:52):
You know, you can't really make it out.

Speaker 2 (01:04:53):
So the fact that Double Park has got its second
season is must be good news all by itself. Yes,
in a world where much doesn't get a second season.

Speaker 8 (01:05:01):
Yes, absolutely. We were so thrilled that it did.

Speaker 2 (01:05:04):
And yeah, so where does it go then? So as
an actor, you get your part, you go right because
I think the last time you're on this program, you
talked about it with Double Pik was going to be
a thing. So it go season season two? So then
what do you see? Do you see season three, four, five, six,
and seven? And it becomes like Friends and goes down
in television history as one of the greats or who
would know?

Speaker 8 (01:05:23):
Who would know?

Speaker 6 (01:05:23):
So where we're at at the moment as we are, well,
I say we like I have ownership of it.

Speaker 8 (01:05:28):
The production company Kevin and co.

Speaker 6 (01:05:30):
They're applying for development funding from New Zealand on Air,
which means they get a much smaller bag of money
to write some scripts and develop the stories for a
potential season three. And then after that development money has
been used, you basically use the materials that you've developed
with that development money to try to apply for full funded.

Speaker 2 (01:05:53):
In fact, you've got season one and two help you
or hinder you? Or do they go well, you should
be on your own, go out and get some commercial money.

Speaker 8 (01:05:59):
Now that's a really good question.

Speaker 6 (01:06:01):
Actually, I think it's probably a bit of both, and
I think out the production company probably is potentially looking
off shore to get a little bit of help to
make the picture look a bit more attractive. Yeah, it's
a shame, isn't it, Because you think, oh great, it's
it's working. Well, this is what people are watching. Surely
we want to make things that people are watching. Let's

(01:06:22):
give them another go.

Speaker 2 (01:06:23):
But yeah, it's just doesn't work that way, doesn't It's
a funny game. Listen to hold on There a brief
break more in the moment Antonio Prebble thirteen past eight.

Speaker 1 (01:06:31):
The Mic Hosking Breakfast Full Show podcast on iHeartRadio Power
by news talks.

Speaker 2 (01:06:36):
It be oh no, it's not okay, she's where we're
off here and she's and she's she's correcting a mistake
I've made that. Actually, I blame the production team. Sixteen
minutes exactly, sixteen minutes past eight, Antonio prebul is the guest.
Now the podcast, the award winning What Matters Most has
actually come out season three, not season two, So you

(01:06:58):
you have. I gave before the News some podcast stats,
and there are millions of podcasts stats. There are millions
of podcasts in the world, and the most common episode
is episode one. Because most podcasts never get past episode one.
It's hilarious. Well it's not for the people who never
got past episode one, but for you to be into

(01:07:20):
season three, you obviously got onto something. What's the recipe?
Because I had this ongoing discussion with management. Management here
are big in podcasts. They think podcasts is where it's at,
and the future of the One of the most popular
podcasts in the country is mine. Yeah, but mine isn't
a podcast. It's just this radio program.

Speaker 8 (01:07:40):
I've always can I ask you a question about that?

Speaker 6 (01:07:42):
Then, because I've often wondered this with radio shows that
are podcasts how did What's what's the difference between couldn't agree?

Speaker 2 (01:07:49):
More excellent questions? An excellent question, And that's what I
say to them. I said, it's not a podcast. Ago,
yes it is, And so we put out this whole
We put out segments of this program as a podcast,
and there's a whole program podcast which is literally what
we're doing now that will turn out to be a podcast.
Got Sha, I argue it's not a podcast. I argue,
this is what it is, and the fact you can

(01:08:09):
get it somewhere else doesn't make it anything different than
what it is currently, which is a radio show. Gotcha
am I right?

Speaker 8 (01:08:14):
Yeah, yeah, I mean I would have I would think,
I agree with you.

Speaker 6 (01:08:18):
It's a radio show that's available on different platforms to
listen whenever you would like.

Speaker 2 (01:08:22):
You can't tell the management out there there.

Speaker 6 (01:08:23):
But the good thing is it means then you can
go on for the radio awards and the podcast awards, right, we.

Speaker 2 (01:08:28):
Haven't thought about them? Is that how you become award winning?
So what's your recipe for successful podcast? And given in
my limited experience in listening to them, some of them
indulge themselves too much. They go on for too long
and they seem to have this idea that if you
talk for three or four hours, we'll cover all the topics.
Whereas I've got you can find this morning in Tonia
prepple to eleven minutes. It's eleven minutes, says the beginning

(01:08:52):
a middle in a Need.

Speaker 8 (01:08:53):
Yeah, yep.

Speaker 6 (01:08:54):
I think it's about first of all, doing something that
you genuinely care about, like that you're passionate about, that
you're curious about, that you're personally really invested in, because
that will first of all get you past episode one.
But then I think it keeps your vision quite quite clear,

(01:09:15):
so it's not sort of waffling off on the side
of things. And then I think you're absolutely right about
the time. So Jackie, me and Jackie and our producer Hannah.

Speaker 2 (01:09:24):
With Jackie McGuire Jackie maguire.

Speaker 6 (01:09:27):
My friend and clinical psychologist extraordinaire. We're very conscious that
people are giving us their time, and so we want
to give them a return on their investment.

Speaker 8 (01:09:36):
So we always try to have our podcast less.

Speaker 6 (01:09:38):
Than an hour, and actually our new structure plan going
forward is that hopefully they'll be half an hour to
forty minutes, and that within that forty minutes, it will
be really useful practical stuff. So the style of our
podcast is that it's a conversation between me and Jackie.
I'm sort of taking the role of what our listeners
would be and asking questions to Jackie, offering her expertise

(01:10:01):
and advice and tools as a clinical psychologist, offering them
to our listeners to help them understand.

Speaker 8 (01:10:08):
Various aspects of their life.

Speaker 6 (01:10:10):
A bit more so, we really think of the podcast
as a resource, and we want to give people as much,
you know, bang for their buck, so to speak, in
that amount of time.

Speaker 2 (01:10:19):
Well, what are the metrics? Do you look at the metrics?

Speaker 8 (01:10:21):
I actually don't.

Speaker 6 (01:10:23):
Yeah, if we have a wonderful producer, Hannah, she's all
over that, I'm to be honest, I'm.

Speaker 2 (01:10:29):
If she just so it's going really well.

Speaker 6 (01:10:30):
Yeah, she does says nice things like that, keep doing
what you're doing, gals. For me, I'm less concerned with that,
particularly because well, I mean, one great thing about podcasts
in relation in comparison to making TV.

Speaker 8 (01:10:43):
Is work and versus workout is so much better.

Speaker 6 (01:10:47):
I mean, I do sort of, you know, two to
three hours prep for an episode, and then the actual
recording might take about an hour and a half and
then someone else does the editing, and then you have
an episode of a show.

Speaker 2 (01:10:57):
Can I just say, as a seasoned professional in this
industry for question podcaster, well, not just as a podcaster,
but that ratio of prep to delivery is very rare.
What you're good on you for working hard, because what
you'll find is if you work hard, you get the
product out the other end. And too many people in
this industry just rock up five minutes before and think
that if they just go something will come out of it.

Speaker 8 (01:11:18):
Interesting.

Speaker 6 (01:11:19):
Yeah, that is interesting because Yeah, even though I'm taking
the role of again the listener who theoretically needs to
be who knows nothing about the topic, for me, I
feel like I want to. I really want to have
an understanding of it, so I know what questions to ask,
what might be the interesting questions to ask, and also
how I can relate to that topic bring.

Speaker 8 (01:11:40):
My experience to it.

Speaker 2 (01:11:41):
So thanks, interesting, Thanks my season, Take the advice or not?
One last question? Is that an aura ring you're wearing?

Speaker 8 (01:11:48):
Oh, it's a knockoff version.

Speaker 2 (01:11:50):
Well does it work?

Speaker 3 (01:11:51):
Yeah?

Speaker 8 (01:11:52):
I think so.

Speaker 2 (01:11:53):
Does it read anything?

Speaker 1 (01:11:54):
Yeah?

Speaker 8 (01:11:54):
It reads things.

Speaker 6 (01:11:54):
But I sometimes wonder like if it's it does read
my steps and it tells me my sleep. But sometimes
I have been up with the boys overnight and a
what did you.

Speaker 2 (01:12:04):
Get last night? For a score for your sleep? Do
you know?

Speaker 1 (01:12:06):
Oh?

Speaker 2 (01:12:07):
You don't have to look at your phone? Is it
in the nineties to get a ninety in a crown,
A five and a crown?

Speaker 6 (01:12:11):
I don't mind waiting while I just open it. Oh, okay,
I got ninety three excellent, eight hours and thirty two minutes.

Speaker 8 (01:12:19):
Okay, so yeah, there we go.

Speaker 2 (01:12:21):
No wonder you were so good this morning? That worked out?
Sarah was the seventy two and you got four hours sleep?
And I wonder if you was a boring I'm never
having a bed. I'm just fascinated by all rings. That's
all I can't.

Speaker 8 (01:12:32):
I can't imagine it's your vibe.

Speaker 2 (01:12:34):
No, no, no, no it isn't, but it is my wife's. Anyway,
listen to joy to see you, thanks, and we'll get
you on one of those three projects. We'll get you
back again and talk about nice to see it and
tell you approve It's eight twenty two.

Speaker 1 (01:12:45):
My costing Breakfast with Bailey's Real Estate News Talksvy.

Speaker 2 (01:12:50):
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can you repeat the name of the podcast? What Matters Most?

(01:13:55):
And double parkeds at television program By the way, Mike
Layton's podcast is the only one I've ever listened to.
Whilst I mean, obviously Lighton's the first cab off the rank.
We love light and everyone loves Layton Stewart. But there's
a whole world. I've just told you about two million,
eight hundred and seventy six hundred and fifty two podcasts
out there. Get amongst for.

Speaker 15 (01:14:12):
All the people who were texting and wanted to know
the name of my one?

Speaker 2 (01:14:14):
What was the name of your one? The rewrap the
rerap Yes, Episode three, six hundred and fifty two, correct
and growing.

Speaker 19 (01:14:23):
And I've also done just about as many episodes of
news Talk as he had been as well.

Speaker 2 (01:14:27):
You see your another podcast? Yeah, looking up?

Speaker 15 (01:14:29):
Why have one when you can hear too?

Speaker 2 (01:14:31):
That's what I always say, or maybe even three or
four budget day in the UK, Ron Little's all over.
He is with us from Britain after the News, which
is next here at news Talk.

Speaker 3 (01:14:39):
Save.

Speaker 1 (01:14:43):
Your trusted source for news and fews, the mic hosking
breakfast with the range Rover, the la designed to intrigue
and use talks.

Speaker 2 (01:14:53):
Head be budget day in the UK, Rishi lapped it up.

Speaker 16 (01:14:56):
Britain's poorest pension has squeezed, welfare spending out of control
and a spree of tax rises. They promised the working
people of this country.

Speaker 1 (01:15:06):
They would not do.

Speaker 16 (01:15:10):
National insurance up, capital gains tax AH, inheritance tax AH,
energy taxes, AH, business rates, a first time buy a
stamp duty AH, pensions tax AH.

Speaker 1 (01:15:25):
They have fiddle the figures, international correspondence with ins and
eye insurance. Peace of mind for New Zealand business Here
in the.

Speaker 2 (01:15:34):
UK, ron little morning mate, is he with us or not?
I got him on here? Where's he gone? I come
back in just a couple of moments because I wanted
to find out whether it was pretty much as they
did it on the tin. Minimum wage, by the way,
is going to rise to twelve pounds and twenty one
so in our dollars it's twenty four ish dollars sort of.

(01:15:56):
The bus spiers and here's the interesting state about the busbiers.
Busper rising to three quid. So if you hop on
a bus in Britain, it's gone from two quid to
three quid. There are examples or exceptions single bus fears
in London, where Transport London will however, remain at a
pound seventy five, and those in Great Greater Manchester will
remain at two pounds. But and here's the thing. You
think of London in particular as a place of public transport.

(01:16:19):
If you think of any public transport system in the
world that works reasonably well, it must be Britain. So
how many people there are in Britain. There are sixty
seven million people in Britain. How many people you think
take the bus on a regular basis three three million,
sixty So three of sixty seven million people take the bus.

(01:16:40):
For goodness sake, have we got some sort of major
problem with the phone line or not? Okay us there
now Roderick, very good morning to you, good will and.

Speaker 18 (01:16:48):
Me, how you doing very well?

Speaker 2 (01:16:49):
My apologies? Some sort of dodgy phone system?

Speaker 13 (01:16:51):
Was it?

Speaker 2 (01:16:52):
As they described on the ten broadly speaking?

Speaker 18 (01:16:57):
Well? But it was his problem for two reasons. Firstly economically,
in that it seems to be a budget which strangles aspiration,
entrepreneurship and striving. So it really hits at the people
who drive our economy, which is a small business owners

(01:17:18):
who are struck by this national insurance rise and will
find it difficult to cope. But also at the same
time it kind of hurts those who want to buy
their own house, who are in social housing, and she's
made that more difficult for working class people. And she's
also made more difficult for working class people to send
their kids to private school by pulling bat and indeed

(01:17:41):
as other tax on private schools. So there's that, But
there's also the political difficulty, which is that you know,
we were promised there will be no tax rises, whereas
she's increased the burden of taxes on the British public
to a record amount by the tune of some forty
billion quid. So those are the two problems which this

(01:18:02):
already deeply, deeply unpopular government is going to have to
wrestle with over the next four years.

Speaker 2 (01:18:09):
Correct me if I wrong part of our argument as
the whole we didn't see the twenty two billion dollar hole,
big black hole, etc. Could you mount an argument that
if you voted labor with such alacrity such a short
time ago and what they delivered today was not what
you were expecting, or it is.

Speaker 1 (01:18:26):
No.

Speaker 18 (01:18:27):
You see, it would have been better had Labor said
going into the election on July the fourth, only a
few months ago, we're going to have to raise taxes.
Then they would have had the option. Having said that,
have been able to raise the top rate of income
tax very marginally, just by one or two percent, which

(01:18:48):
would have covered most of the bills which they've had
to pay through a kind of financial sicinery by pretending
that they're not resting taxes. So I think this doesn't
really please many of the lefties in that it's not
radical enough in that it didn't raise the taxes of

(01:19:09):
the really wealthy. It hasn't done much on capital gains tax.
It's done a little bit. But what it has done
is put a clamp on businesses, put a clamp on
those aspiring to do better for themselves. And as a consequence,
plenty of economies have been coming out today and saying, well, indeed,

(01:19:31):
the Office for a Budget Responsibility has said, you know,
this reduces the degree to which we expect the British
economy to grow within the next five years. So they've
had to level it down a bit. It's already been
called therefore a kind of failure by the official body.

Speaker 2 (01:19:47):
Is this simply grabbing money from one person giving it
to another the NHS? Does any of it go to paydown?
Do you ever talk about a surplus versus a deficit
in Britain or is that just not something you deal
with You just run permanently and.

Speaker 18 (01:19:59):
Di the conservative past Conservative government didn't talk too much
about that, and labor never talks about it. But you've
hit on a crucial point, which is, as one other
economists pointed out, this is a budget which is for
the public sector and against the private sector. So there

(01:20:19):
will be money poured down the ever gaping more of
the National Health Service. There will probably be some more
money for education. But what they're where the money has
been taken away is from the private syc from small
businesses and indeed from large businesses and such. So that
is that that is the real problem I think which
they've got economically. The political problem I suspect they will

(01:20:43):
face is that from their own side they're not radical
enough and from the opposition is which is that you
like to us, you said you weren't going to raise
taxes and look what you've done.

Speaker 2 (01:20:52):
Played a little clip before you came to Rod. I
don't have you heard it or not, but rishie, rishie
sounds it's so funny, isn't it? What the weight of
offers you? You're a He was great exactly freedom responsibility.

Speaker 18 (01:21:07):
Yeah, yeah, I think he rather prefers being in opposition,
and of course he won't be the opposition leader for
very much longer. But no, I thought he was acute,
sharp and kind of righteously angry about what this government,
which is clearly had the worst hundred days of first
one hundred days in office of any British government since

(01:21:29):
the Second World War. So yeah, no, he was. He
was on fire.

Speaker 2 (01:21:32):
We're any days away? Is it bed knock or general.

Speaker 18 (01:21:37):
Bad knock? By about sixty to forty, which is probably
in the short term good news for the Tories and
maybe in the long term as well, because the trend
may be buck. You know, this government is so bad
that it may not last the usual two terms which
we have over here. I mean, it is so bad

(01:21:58):
and that are not maybe the grateful recipient of that.
They're trying to present a Mike as the new Margaret
Thatcher and really going to town on that.

Speaker 2 (01:22:08):
Wow, do you remember it would be I'm guessing the
turned over so many leaders. I can't remember what contest
it was. But you were on this program a couple
of years ago and you said, it's a shame they
don't take Kimmy Bedknock seriously because there's somebody who could
lead the party. And here we are, Rod, a couple
of years later in Baying, you follow.

Speaker 18 (01:22:25):
Well, yes, indeed, if only I could monetize this kind
of problemistication, that's that's the trouble. I think, Yeah, look,
she's she's she's not the easiest of people to get
on with, but then nor was Margaret Thatcher. And what
they're trying to do at the moment is cell is

(01:22:45):
self as a knock, as being a bit like tattering
that she got a science degree. And that's about it really.
But there are similarities. What I hope is that there
are similarities entirely on the economic front. But we'll see.

Speaker 2 (01:23:01):
All right, man, go well, we'll catch up next week.
Appreciate it very much, Rod, little out of Britain for
us this morning. Geese is already eight forty five.

Speaker 1 (01:23:09):
The High Asking Breakfast Full Show podcast on iHeartRadio. Howard
By News Talks.

Speaker 2 (01:23:14):
That be, Mike, average years people on job seeker and
unemployment benefits are horrendous. How many hard working taxpayers are
required to pay for each of these people receiving a benefit.
It's interesting stat there are only two million of us
in this country. There's five million in total. Only two
million of us work, so there's two million people supporting
three million who don't work for a variety of different reasons,
not all unemployed, obviously, Mike h a budget crushing the

(01:23:36):
aspirational among us. Why does that have a vaguely familiar
ring to it? I understand I've been developing this theme
in my head for the last couple of months. Looking
at it's almost like they go to the same school
elban Ezi Adern slash Epkins slash Starmer. They talk the
same way, they say the same things. They've all got
the same policy. Literally, like they pulled that there's a

(01:23:57):
manual somewhere how to be a labor government in a
West and democracy, because they all seem to be the same.
This morning's development in the Elber and Eezy scandal around
Quantus is his officers come out and said he never
called allan Joyce. Now, the key to that and they've
already picked it up in the media. Is not necessarily
suggesting it and this will the accusations come out of
a book if you've missed the story. Elbows upgrading himself

(01:24:18):
and his family left, right and centered with a former
CEO of Quantus, Allen Joyce. The office said he never
called Allan Joyce directly. So the obvious next question was, well,
what about the text and the email show us them.
They haven't come forward with any of those yet.

Speaker 1 (01:24:30):
Quick question.

Speaker 2 (01:24:33):
If the coolant light starts flashing on your car just
out of nowhere, you're just driving along, the coolant light
starts flashing on your car, and at that point you go,
I tell you what, how hard can it be to
have a look at the coolant. So you look at
the manual and you open up the menu, workout where
the coolant is, and you pop the bonnet and you
look and go, my word, that coolant looks it's full,

(01:24:54):
it's beautiful, it's not leaking, it's in tip top condition.
Would that then need you to believe that it's the
light So it's an electrical problem, not a coolant problem. Now,
if it's an electrical problem not a coolant problem, do
you back yourself on that decision and simply carry on
driving with the risk that maybe it wasn't an electrical

(01:25:15):
problem and it was a coolant problem and at some
point a tremendous amount of heat's going to be coming
out of the engine and you basically buggered the thing.
Or were you right all along? You're just happy to
drive it along.

Speaker 19 (01:25:26):
I was always told that the only light you really
have to worry about is the engine light. If that
one comes on, then you should stop straight away.

Speaker 2 (01:25:34):
Tony. You should say that I had a Ferrari and
that light came on about an hour after I bought it.
I went, this not been a good purchase, and.

Speaker 15 (01:25:45):
So you thought, this is not a CAF.

Speaker 2 (01:25:51):
So I went back to the Ferrari. Didn't I said,
look at that, because it says not only you must
stop immediately, drive to the dealer as fast as you can.
So I took her back and they went, oh, that
nothing to worry about. I thought, are you lying to
me or not? Anyway, they made the light.

Speaker 15 (01:26:08):
God, would it be that the dealer wasn't a Ferrari
guy either.

Speaker 2 (01:26:12):
It's mine Away from nine the.

Speaker 1 (01:26:14):
Mic Hosking Breakfast with Alvida Retirement Communities News Tog said, b.

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Well?

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(01:27:22):
host Phlle. I checked the coolant hose hoses tight as
fresh as new as by an early eighties Mitsubishi Mike.
No engine light there, just the blue smoke from the exhaust.
Fabulous logan. I'll tell you one day about the tready,
remember the Mitsubishi treaty I took for a test drive
that turned out to be a disaster. But that's for
another day. Five away from nine.

Speaker 1 (01:27:41):
Trending now Quill Chemist Walls the home of big brand
fateamens right.

Speaker 2 (01:27:46):
I booked this in your diary. It's not out till
Jen sixteen. It's called Unstoppable. It's from the producers who
made Air. That's the Jordan's story. That was Athleck and Damon,
based on a true story in a book of Anthony Roebles.
He was the twenty eleven NCAA re sling champ, but
he only hit one leag.

Speaker 7 (01:28:03):
You don't have to prove everyone wrong just to make
the team.

Speaker 18 (01:28:07):
You are six months behind on the mortgage.

Speaker 1 (01:28:09):
It's a perfect opportunity.

Speaker 10 (01:28:11):
For Anthony to pitch it. I'm not letting him quit wrestling,
and I'm not letting him quit school.

Speaker 2 (01:28:16):
You make people believe in something.

Speaker 10 (01:28:18):
Surprise to see you when they see you.

Speaker 1 (01:28:21):
They don't see someone who's.

Speaker 10 (01:28:22):
Missing the leg.

Speaker 8 (01:28:25):
They see someone who is unstumbled.

Speaker 1 (01:28:28):
You can show something anything is possible.

Speaker 8 (01:28:33):
Oh my god, is that he missa a leg?

Speaker 1 (01:28:35):
That's my son?

Speaker 9 (01:28:36):
Yet you're not gonna chair.

Speaker 1 (01:28:42):
He used to be angry all the time, but I'm
not angry anymore.

Speaker 10 (01:28:47):
So what are you?

Speaker 2 (01:28:48):
Gerald? Jerome plays Anthony Gerald's like Pharrell, except with a Jay,
Jennifer Lopez, Sam's husband, Dawn Cheedle and Michael Penna star
and all of that. And it's out on Amazon Gen sixteen.
How far out are we doing these things now? Because
Jen's a long time away, isn't it?

Speaker 1 (01:29:09):
Really?

Speaker 15 (01:29:10):
It's November tomorrow.

Speaker 2 (01:29:12):
Doesn't time flying?

Speaker 14 (01:29:13):
Glenn?

Speaker 2 (01:29:14):
Heh tell you what, Glenn? Doesn't time fly? Seems like
just yesterday it was October? Cool and sense of failing.
Mike organize replacement. I I captain. I will thank you
for your advice and I'll look forward to your company
tomorrow morning. From six as always, Happy days.

Speaker 1 (01:29:39):
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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