Full Show Podcast: 6 June 2024

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Question the newspeakers and the personalities of the big names.

Speaker 2 (00:04):
Talk to Mike Costing, Breakfast.

Speaker 1 (00:07):
With our Veda Live the Age You Feel News, Talk ZEDV.

Speaker 3 (00:11):
Morning and welcome today the Maori Party, Alliga from Tar
Sirius Arbor and whether they'd go the reviews into early
childhood and also second annual leave new data on our
house prices, Who's winning?

Speaker 2 (00:20):
Who isn't?

Speaker 3 (00:21):
Our old mate Nicbrian back after eight His new book
is brilliant if you're following the US race, of course,
Joe McKennis and Lilie rod Liddle is in the middle
of it all. In the UK asking welcome to the day,
seven past six. There used to be a debate about
power Bell of called how much is too much? As
far as the jackpot goes well fifty million this coming weekend.
Apparently that seems to have fallen by the wayside, the

(00:41):
whole debate. So we got a little bit excited yesterday,
didn't we about the forty three million this particular week
Mind you, in America it can go over a billion,
and even with the weird rules, he can end up
with hundreds of millions of dollars. So forty three million
or fifty million. Whatever it turns out, the b seems
pretty ordinary, really.

Speaker 2 (00:56):
See.

Speaker 3 (00:57):
One of the bits of advice came yesterday from the
usual run of experts the media lineup as they try
and hype a fiscal event of this particular nature. One
so called expert suggested money doesn't buy happiness, and in
that they are completely and utterly wrong. Money, sadly, in
this country, has never been valued properly. It's often shunned
or derided, or you if you have too much now

(01:18):
seen as rich or loaded. In fact, you may be
seen as rich or loaded, even if you are neither
just moderately comfortable. It is almost good to be average,
if not poor or struggling. It's the egalitarian thing. I guess.
It's why my parents and grandparents' generation never really flaunted
their wealth. That's changed, of course, in a consumer society
has emerged with various bits of tackiness associated with it.

(01:39):
But at its core, what money does is solve problems
and offer choice, and that is not to be dismissed.
It is also good to have experienced periods without money,
because if you're lucky and get a bit settled financially,
you realize the contrast, I look at our kids setting
out in life at the moment. They're working hard, they're
scraping by, they're piecing together money with ideas of a
house deposit. Some argue student debt will kill that particular dream.

(02:02):
One in London is discovering how putting together a series
of pay packets and one of the world's most expensive
cities is just sheer hard graft. In our quiet moments,
I think we all know it. Don't we money or
no money, which would you prefer? Many of us don't
long for riches per se, but having to not worry
about the bills has a real tangible value. Knowing you

(02:23):
can write a check for whatever makes life materially easier.
There is, of course, the debate around the lotto fever itself,
the desire to get all that money by doing basically nothing,
which is the other money lessing. If you have worked
hard for it, it's extremely rewarding. So it doesn't by happiness. Sorry,
it does, and quite a bit of it.

Speaker 2 (02:45):
News of the world. In ninety second eighty.

Speaker 3 (02:48):
Years ago history was made, and today in Portsmouth they remembered.

Speaker 4 (02:51):
Let us once again commit ourselves always to remember Cherish
an honor those who served that day and to live
up to the freedom they died for.

Speaker 3 (03:06):
Boween, it's finally got the styliner off the ground.

Speaker 1 (03:08):
It rolled just as it should do, Its thrust as separated,
just as they should do.

Speaker 5 (03:13):
And everything's to seem to have been going by the textbook.

Speaker 3 (03:18):
And they'll be going as far as the war goes
these Riley is now busy with his balar on the
Libanese border.

Speaker 6 (03:23):
Whoever thinks that they can harm us and we will
sit idly by is making a big mistake. We are
prepared for a very strong action in the north. In
one way or another, we will restore security to the North.

Speaker 3 (03:35):
And then we get to yesterdayze the bite in the
UK as Rushi and Sakia trade to blows an insult.

Speaker 7 (03:41):
Do you want to put everyone's time by two thousand pounds?
And if this is really important, independent treasury officials have
costed Labour's policies and they amount to a two thousand
pound tax rise.

Speaker 3 (03:51):
Okay forever. In the cold, hard light of the next morning,
Kia was conciliatory.

Speaker 7 (03:56):
He lied and he knew he was lying. I don't
say that lightly. That's not something I bandish around he
lied about our plans, he lied about the boats, and
he lied about waiting.

Speaker 3 (04:08):
As regards Labour moving back towards Europe too. By the way,
Fancois Elon, who ran a bit of Europe for a while,
seems on board.

Speaker 8 (04:14):
I think it's a good statement, good position for Labor
to commit the country to negotiate, to have a good
audition with Europe instead to propose a new refront.

Speaker 3 (04:29):
And those news of the world in ninety seconds. By
the way, the European central banks they're good to go
this week. So that's the cuts. Is that the first cut?
Not really, because the Bank of Canada has trimmed this
week kit's key policy rate by twenty five bases points.
They're down to four point seventy five. And the whole conversation,
and this is the same with the ECB, is not
whether they're going to cut, because ECB it's like almost

(04:50):
a done deal. The questions wins next, and in Canada
they think what is next is July, so they cut now,
and they cut in July as well. Twelve past six
costing breakfast. I won't go into it now, but there's
a tremendous amount of ANNGS coming out of the UN
this morning over climate change. I'll give you a few
number shortly fourteen pass now from Jmi Well Pendrick kellerher

(05:12):
good Thursday morning, Yeah, very good morning. My terms of trade,
are we treading water or not?

Speaker 9 (05:18):
No, it's getting better. So there was a couple of
releases of data yesterday. They're not market movers, but they
are important nonetheless.

Speaker 10 (05:26):
So we had the release of the trade balance again.

Speaker 9 (05:28):
Look it's data data. It is for the March quarter.
That's the best we got. So we've got to deal
with what we have. The trade balance for that quarter
is a one point four billion dollar deficit. Now that
one point four billion dollar defice has narrowed from the
same quarter a year earlier, which on the face of
it is good. Twelve months ago it was a two
point six billion dollar desert.

Speaker 10 (05:50):
They were sitting now at a very high level.

Speaker 9 (05:52):
There's sort of two moving parts to the deficit. You've
got imports, you've got exports. The difference between the two
is the trade balance. The trade balance here or the
smaller trade deficit is due to lower import volume. So
imports cost money, exports bring money in. We've got lower imports.
That improves that balance, assuming we get the same price
for our exports. So travel and tourism that's captured in

(06:15):
the start. When you compare the two courters, you do
see a modest increase in what it called travel exports,
and that covers sort of goods and services expenditure in
New Zealand buy overseas travelers, so that's viewed as a
travel export. Now, goods imports fell fourteen percent in the
March quarter compared to twenty twenty three, so inporting less stuff,

(06:37):
so that was an eleven point four percent less stuff
by volume. There was actually a fall in prices in
those inputs, well, two point.

Speaker 10 (06:44):
Nine percent fall in price.

Speaker 9 (06:45):
You get petrol in their MIC, and that you get
all that fuel that's quite volatile. The takeaway MIC from
this slow economy less demand for imported stuff.

Speaker 10 (06:53):
That's the key takeaway.

Speaker 3 (06:55):
Okay, then we come to what else we got there?
The tax A good old government a little bit better
than we thought.

Speaker 9 (07:02):
Yeah, I'm not sure we quite yet how to interpret
this stuff, mate, because there's a positive surprise lurking in
these numbers, and I don't want to sort of count
this chicken before it hatches. So that the luis yesterday
of the Crown accounts for the ten months of the year,
and of course this is the financial that we're in.
We're still digesting BETWEENY twenty four budget. The surprise here
is that the books at this point are better than expected.

(07:24):
So core Crown tax revenue was one point seven billion
dollars above forecast in the words of Treasury, and the
accompanying commentary is that that above forecast outcome is expected
to persist through to year end, which makes me, you know,
I also thinking maybe you get some one offs at
the end of the year, but it's there. The majority
of the variants, though, is one off in nature, so

(07:46):
it's not something that will feature in subsequent years.

Speaker 10 (07:49):
So corporate tax revenue is above forecast.

Speaker 9 (07:51):
Which in a slow economy seems a little incongruous, but
you've got things like pies.

Speaker 10 (07:57):
Those are the investment funds.

Speaker 9 (07:58):
They've done well, so you're getting more tax coming from them.
Resident withholding tax on dividends that was higher than expected,
so there was a lift in dividend payments to trusts
ahead of the tax changes, so that was a bit
better than expected. Emissions trading scheme revenues, well, they're lower
than expected because we know that because the carbon auctions

(08:18):
core crown expenses, though the spending is slightly lower, so
you've got the obi gal, you know, the sort of
operating balance before all all.

Speaker 10 (08:26):
The other balances.

Speaker 9 (08:27):
Still, a death is a six point five billion, but
one point seven billion better than expected.

Speaker 10 (08:31):
So what does it mean.

Speaker 9 (08:32):
Well, it looks like twenty twenty four when we wind
the year up, could be a bit better than they.

Speaker 10 (08:37):
Thought it was going to be good.

Speaker 3 (08:38):
And we'll take that. And I note Australia still in
the black.

Speaker 9 (08:40):
Just yeah, and they're the lucky country. Not so lucky
for New South Wales supporters last night obviously. Hey Mike,
I'm going to the next game by the way to Melbourne.
I'm going to be there.

Speaker 3 (08:49):
I am good on you.

Speaker 10 (08:50):
Yes, I know, hopefully Queensland win. Growth. So let's talk
about growth.

Speaker 9 (08:54):
Let's talk about Reguay League GDP growth in Australia for
the first quarter zero point one quarter on quarter, So
you've got a continued slow down in the Australian economy.
Annual growth one point one percent, pretty skinny, but not
in recession. December, qrder has rised up to one point
six percent. Testament might to the economic resilience of the

(09:14):
Australian economy. This is the slowest rate of growth of
rate of annual growth since.

Speaker 10 (09:19):
The early nineteen to nineties, so in thirty years. So
you know, I reckon if we could.

Speaker 9 (09:24):
Pump out one point one perzent growth, we'd probably be
quite happy, wouldn't we, you know? And actually so just
the final comment that I'll make is that the media
reports I thought were fascinating. We'd be cheering one point
one percent growth and you had all this doom and
gloomy headlines, you know, media. So GDP growth slumps, but
I'd say a will take it one of the numbers

(09:45):
that was all lot of positive news. Actually here that
dal Jones is up seventy six points zero point two
percent thirty thirty eight thousand, seven hundred and eighty seven.
The S and P five hundred is up almost one
percent five three hundred and forty one, and then asks
on a tear up one point six percent seventeen thousand,
one hundred.

Speaker 10 (10:03):
And thirty overnight.

Speaker 9 (10:04):
There was a small left in the foot see one
hundred eight two four six. The Nike did four yesterday
three hundred and forty seven points thirty eight thousand, four
hundred ninety Shangha composite was also a.

Speaker 10 (10:14):
Little bit weaker three oh six five.

Speaker 9 (10:16):
The Aussie's gained point four one of a percent seven
seven sixty nine, but the NZX fifty another good day,
up almost one percent. One hundred and sixteen points eleven thousand,
nine hundred and ninety six Kimi dollar point six one
eighty eight against the US, point nine three one to
one against the OSSI point five six nine four euro
point four eighty four win against the pound.

Speaker 10 (10:36):
Ninety six point five eight. Japanese yen gold is trading at.

Speaker 9 (10:40):
Two thousand, three hundred and fifty five dollars in brentrude
seventy eight dollars and forty five cents.

Speaker 3 (10:46):
Well catch up tomorrow. Andrew Kella, Jjjmiwealth dot co, dot
n zsk talk about bullish Thedbaio mall, which I've never
been to. Let me know if it's any good. I'm
thinking of going through Dubai anyway. Twelve hundred store, two
hundred food and beverage outlets, ten million dollars, ten million
liter require Olympic size ice skating rink, indoor Chinatown Virtual
Reality Park Sega theme park, massive candy store, one of

(11:08):
the biggest in the world. Apparently they're an expansion, Mike.
They want to make it even bigger. They're going to
add two hundred and forty new luxury stores to the
tune of half a billion dollars. It's not bad as
six twenty one. You're at news talk z B.

Speaker 2 (11:24):
The Mike Hosking Breakfast.

Speaker 3 (11:26):
Mike to my mauls blinging on steroids. Incredibly over the top,
very expensive, but definitely worth a visit. Thank you, Steve.
My father used to tell me, Mike, money's right up
there with oxygen. Try a living without it, Mike. Johnny
Depp was recently asked as money by your happiness. He replied, no,
but it buys you a very nice boat, so you
can sail close to it. If you really said that,
that's quite clever, Mike. Despite being very comfortable now at
fifty and plenty of financial freedom, I still look back

(11:48):
on my life and believe I was happiest at seventeen,
earning an apprenticeship wage of one hundred and forty in
the hand weekly, no responsibility, and enough for a few
beers with the lads on Friday Footy on Saturday, Chase
the Girls, Those were the day. Thank you grig six twenty.

Speaker 1 (12:02):
Five, trending now with Chemist Wells Great Savings every day.

Speaker 3 (12:08):
Yeah yeah, yeah, yeah, here we go. This is the
greatest television soap opera of all the time. And who's this?

Speaker 11 (12:20):
Oh I'm trying. I'm trying to stay sane when sometimes
I think I'm the only one who is. David, you know,
I sometimes think, rather than you throwing me out, I've
been doing us both a favor. If I left this
house anyway, left you to make your own meals, do
your own washing up, do your own washing and iron,
and then maybe you'd realize just how much I do
for you.

Speaker 3 (12:40):
Gail plus these days known as Gail rod Wall depending
on when you start watching. Of course, she's been married
a lot of times. She's quitting the shows the announcement
overnight she's leaving. Helen Worth has been playing the character
since nineteen seventy four, so do the math. As of
next month, she will have been on the program for
fifty years, which is astonishing. It's over sixty years old now.
And of course Bill Wrights William right, which gets all

(13:00):
the headlines for being there since absolutely day one, but
she is one of the longest serving characters. She's been
married on the show five times, including to serial killer
what was his name? I can't remember his name, but anyway,
that was one of the great reveals. Three thousand episodes.
More than three thousand episodes, she's been made a Member
of the Order of the British Empire for services to
drama and overall has a career of more than sixty

(13:21):
years since starting in the industry at twelve years old.
Big plot, they say, to see her, big plot involving
all the family, David and the lot of them. So
it'll be sad to see her go.

Speaker 12 (13:32):
But the president on Netflix or no.

Speaker 3 (13:35):
It sets on good old fashioned, good old fashion. You're
ready for this. It's on ft T free toow aar television,
whereas it FTA T free ta T good free two
ear television, or it could be on demand. It'll be
on TV and SD on demand. You know, we're all
the cool people who watch TV and zid co.

Speaker 12 (13:57):
Speaking of services. That force adds on you that.

Speaker 13 (13:59):
You know.

Speaker 3 (14:00):
Anyway, she's lovely, she's a very delightful person. Met her
a couple of times an interview and she's very, very
very cotnent. Now, by the way, Andrew alerted us to this.
Andrew kellerhow you asked yesterday? Why isn't it on a podcast?
A segment on a podcast? It's sort of is. It's
on Spotify. It's available under JMI Wealth Market Update. You
can search Andrew Keller here. If you want, you can
go to jmiwealth dot co dot Nz. You can listen

(14:22):
to it on our full podcast, the Mike Hosting Breakfast
Full Podcast, and if you're really old fashioned, you can
go to our website click on week on demand and
you can listen to the program in fifteen minute blocks.
And what we tend to find is, once you've listened
to one fifteen minute block, you listen to eighteen because
you just can't let it go. That's how good it
is news for you. And a couple of moments, then

(14:42):
we've got some new data on housing.

Speaker 1 (14:49):
The Breakfast Show you can trust the Mic Hosking Breakfast
with the range Rover, sport setting the benchmark and sporting
luxury use tog SADB.

Speaker 3 (14:58):
Mike my cousin said to me, money and by your happiness.
But you never see an unhappy person on a jet Ski,
Mike Dubai, I'm all very good, although the car parks
better cars are unbelievable if you want to see big
money spent on beautiful machines, Mike, have you checked out
the price of helling Clark's limou on trade me? I
have twenty eight thousand point three or twenty eight thousand,
three hundred. I think it's over the top given what

(15:20):
it is early two thousands Ltd. The connection to Clark
is not a strong one in terms of finances. I
just thought it would be a nicely maintained car, that
was all. Mind you, if you win Powerball at fifty million,
would you bump the price deliberately, knock the others out
and just go? I won Powerball twenty three to seven.
Joe mckenner and Italy. Shortly, let's have a look at housing.

(15:40):
We've got new intel into where our housing market is
this morning. Core Logic home value growth dipped by zero
point two percent in May. That was after the zero
point one percent fall in April. So as that a
trend brings the average property value across the country to
a bit over nine hundred and thirty one thousand, still
eleven percent below the peak. Core Logic's chief property economist,
Kelvin Davidson back with us. Calvin, very good morning.

Speaker 14 (15:58):
To you morning.

Speaker 3 (16:00):
Although it is up one percent on a year ago.
So have we seen a lift that's now storming?

Speaker 14 (16:05):
Yeah, I think that's pretty much the way to sum
it up. I don't think we've entered a new downturn,
but certainly the momentum that we had satailing the last
year in the first few months of this year has gone.
And so yeah, they have a kind of a mindset
shift going on at the moment.

Speaker 15 (16:18):
I think.

Speaker 3 (16:19):
And how how much weight do you place on a
month versus a quarter versus a year.

Speaker 14 (16:23):
Oh well, I'm going to sound like an economist here,
It probably depends a little bit. I mean, I think
probably you want to look over three or four or
five months. Really it's tricky or dangerous through looking just
one month on its own. So I'm just just saying,
not not a trend yet in terms of a new downturn,
but certainly that momentum has gone. And it's consistent with
how more googe trades, lots of listenings that those kinds

(16:45):
of things which are subjuring prices, And how do.

Speaker 3 (16:48):
We explain, say a place like Auckland, which is down
zero point eight on the month, but we've got all
this immigration, we haven't got enough houses, et cetera. How
do we explain that?

Speaker 14 (16:56):
Yeah, Well, I think there's there's a few things there.
I mean a lot of the migration's going to the
rental sectors, so we are still seeing rental pressure in
auckm But in terms of house prices, there's lots of
choice out there for buyers listening to have risen. No
morgage rates are still a challenge for Affordability is always
in issue in Auckland.

Speaker 16 (17:12):
And also there's a.

Speaker 14 (17:13):
Lot of new property market in terms of net builds
that all those townhouses being built. So yeah, that some
of those factors are prevalent elsewhere too, but they are
showing up in Auckland. So certainly one to watch.

Speaker 3 (17:24):
And would you have said that first time grant stuff
the DCI which isn't here yet but will be, has
that stuff worked its way in yet or not?

Speaker 14 (17:32):
Well, I mean it's early days for those things, and
to be fair, I'm not sure they will have much
of an impact anyway. I mean first time grants were
a nice little top up. I don't think it was
the main thing for a lot of buyers, so I
suspect first time buyers will carry on. DCI is probably
not going to do anything to trade away anyway, because
the orbitrates are the factor there. So I think a
lot of those changes are going to be fairly neutral.

(17:53):
L VR rules have loosen that that might sound positive,
but of course if you put in a low deposit
and more, i'm orbitrades. So I think mortgagereats are still
the challenge.

Speaker 3 (18:04):
And the good news out of it. Christian Hamilton and
needing up, what do we put it down to?

Speaker 14 (18:09):
Yeah, I think that's that's us a patch going on
the moment, So you are seeing variability and it's just
something etique of the high Morgit rates. Again, lots of
listings out there, sub markets are up in one month
and down the next month. I think that's why it's
a little bit dangerous to read too much into this.
I think people sort of if anyone's out there jumping
up and down about a new down to it, and

(18:30):
I think that's probably premature, but certain in the momentum
has just faded out a little bit in the past
couple of months.

Speaker 3 (18:35):
Good stuff Kelvin appreciated very much. Kelvin Davidson called Loge.
You can't remember which bank it was. I think it
was West Pack, could have been. The Ben said materially
altered their forecast for the rest of the year. They
had us up at five percent calendar year, and they've
done that, and that seems to dovetail in with with
what's unfolded in those particular numbers. Nineteen minutes away from
seven scars quickly. The un they're busy angsting this morning,

(18:57):
Antonio Gutira saying the sort of things that he generally,
he says, we are playing Russian Roulette with our planet.
So this is the World Meteorological Organization now an eighty
percent chance that global average temperatures will exceed that one
point five above industrial levels. Back in twenty fifteen, to said,
the prospect of that happening was about zero. So and
nowt to eighty percent. And he's decided. And this gives
you a good indication that they have no more answers.

(19:19):
He's called this morning for the world's fossil fuel industries
to be banned from advertising their products. He said, coal, oil,
and gas. The corporations the godfathers of climate chaos who
have distorted the truth deceived the public for decades. I
don't know they've deceived us, have they? If you put
petrol in a car, I think we've always understood it
burns out the tailpipe and we're not particularly good for
the planet. I don't think there's any misinformation there. And

(19:40):
when you're sort of banning ads for fossil fuel companies,
you know pretty much the old ideas bank is empty.
Eighteen to two the my costing breakfast. Here's a question
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(20:00):
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(20:44):
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Speaker 17 (20:56):
Six forty five International correspondent squid ends an eye insurance
peace of mind for New Zealand business.

Speaker 3 (21:03):
McKinnon's that ly very good morning to you.

Speaker 18 (21:06):
Good money Mike.

Speaker 3 (21:07):
How much noise does the EU vote get in general?

Speaker 18 (21:11):
Oh, it's getting a lot of noise in Italy at
the moment. And as we've talked about before, the Italian
Prime Minister Georgia Maloney is very much seen as a
front runner who's going to reshape Europe, who's attracting coalitions
across different countries. So I think this week's going to
be quite an interesting week for Georgia Maloney.

Speaker 3 (21:30):
Okay, and you get a good turnout, people are interested,
and we're looking, of course for a fairly significant shift
to the right.

Speaker 18 (21:38):
Yes, if they do get a good turnout, it's likely
to come from young people. They're looking to young people
to really make the difference, and there are indications that
the younger ones are shifting to the right, so that
could work in the favor of candidates like the Prime Minister.
Georgia Maloney.

Speaker 3 (21:55):
Would be very interesting too, because that's good for democracy.
The more people that part take Ingria, which I know not.
Do you know of Ingria? What can you tell me
about Ingria.

Speaker 18 (22:04):
I've never heard of this place before. It's a tiny
village until this week. It's a tiny village in the
mountains outside Turin, one of the smallest initially only forty
six count them inhabitants. But it has thirty candidates running
for local election this year this week, and a couple
of the candidates are running against each other. They are

(22:26):
mother and son in opposition to each other.

Speaker 3 (22:29):
So forty six people thirty candidates to run in Grea.

Speaker 18 (22:34):
Yeah, how does that work exactly? I'm not sure what
final count is, but it's a small town that really
doesn't sound like it's got a lot going on.

Speaker 3 (22:43):
Actually, no, exactly. Amanda Knox, I was reading about that
case yesterday. It seemed globally yesterday to make some fairly
significant headlines. Still after all of these years, and I
think she said when she went and wished me luck,
which it didn't seem to go well for a but
is it a big deal in Italy still?

Speaker 18 (23:00):
I think it is. Amanda Knox of course, was found
guilty and then acquitted of the murder of the British
student Meredith Kirscher, who was killed in two thousand and seven,
but at the time she was also convicted for slandering
a barman who she wrongly accused of being involved in
the murder. And today the courts reconvicted her for that

(23:25):
slander and she was wiping away tears in court.

Speaker 3 (23:28):
She was very upset.

Speaker 18 (23:30):
But his name is Patrick Lamumba. He's a Congolese bar
owner and he was very pleased with that result.

Speaker 3 (23:37):
Okay, fair enough, Hey loosen. I was reading the other
day a piece about lake Como and the place is
going to get in undated. And you've got a summer
coming up where you've never seen more tourists than people
in various parts of Italy, depending on where you are,
second tired a tourists. And we've discussed this before, places
like Venice. They were saying lake Como, Yeah, they can't
cope with the traffic. You can't get an Uber. I
didn't realize you didn't have ubers in Italy.

Speaker 18 (24:01):
You can get ubers some in the big cities. You
do find Uber in Rome. The taxi drivers pushed back
on the expansion of Uber in Italy.

Speaker 10 (24:12):
The cars that you.

Speaker 18 (24:13):
Find in Rome are generally the black cars only, so
they tend to be quite expensive.

Speaker 3 (24:17):
Exactly what so, what would happen is you're calling an
uber and the car that turns up tends to be
an S class Mercedes and they're charging you five hundred
dollars to take your killometer down the road and the
whole thing's a scam. But havn't you been to lake
Como When you can't move and you can't get a
booking at the local restaurant and the lakers filled with
tourists on boats and stuff. Is it still worth going to.

Speaker 18 (24:37):
I think it's still stunning. Other people I know have
been going to Lake Garda. They say that's just as beautiful.
I haven't heard too much about Garda. I haven't been
to Garda myself, but I think Como is still breathtaking
and I would have it on my list of places
to see in Italy.

Speaker 3 (24:52):
Fantastic, all right, Joe, nice to catch up with you.
Go well Sea next Thursday, Joe mckinner out of Italy
and we'll go to Britain with Rod. There's that poll
after last night's debate. This is Sonic Reef Starmer. There's
only a couple of the debates, although I noted Sky
were promoting some sort of event that was coming up,
and there is a debate between the I suppose you'd
roughly call them deputies, but I'll tell you about that later.

(25:14):
So snap pole. Out of last night's debate fifty one
forty nine. Rishi won it. They saw him as trustworthy,
but Starma is relatable, so read him to that what
you will ten to seven.

Speaker 1 (25:27):
Call the Mike Costing Breakfast with Bailey's Estates and News
Talk MB.

Speaker 3 (25:32):
Mike, what's happening with the six year inquiry into the
green mp Tana. It's such a shabby business these days,
isn't it, Mike lake Garda was stunning, way better than Como.
Thank you Lant.

Speaker 2 (25:43):
Mike.

Speaker 3 (25:43):
Karma is amazing. However, when we went, the buses were
all late and there was no way of getting ready. Yeah,
that's what I was reading the other day. It's just
in the middle of summer, it just becomes a shambles. Maraca,
who is not one of the bigger players in the
milk industry in this particular country, but nevertheless doing a
very good job. They're Taupo based. They've entered the old
guess what we're going to pay for the new season market,
and they've come in at eight forty two, which is

(26:03):
good base price of eight twenty five. What they do
that's different is the farmers can earn additional money with
their Farming Excellence program, so higher standards of sustainability, people development,
animal welfare, milk quality, all of that. So you can
earn another twenty cents on top of that, which takes
you to the eight forty two. So anyway. By the way,
they've got their annual supplies dinner next week June thirteenth,

(26:26):
Guest speaker Shane Cameron. We're sho owned a couple of
cows now would have got the invite. By the way,
job openings in America slowed down. This whole cut thing's
getting really interesting. I told you about Canada. They've cut,
and EC is going to do it. Central Bank in
Europe is going to do it this week. The feed
is sitting there going, oh jeez, hold on, but we

(26:47):
got the good news. The job openings fell in April,
lowest level and over three years there's eight a little
over eight million jobs open at this very point in America,
which is so slowing down. So that's good. That's good
for the cutting business. Send New Zealand not in the
cutting business as yet, but Adrian thinks maybe next year,
maybe next year, well maybe next year the Tiner report

(27:07):
will be out and maybe next year Adrian will cut
some interest rates. Who knows something to something to look
forward to five to seven.

Speaker 1 (27:15):
Yes, all the ins and the outs, it's the fizz
on the Mike Husking breakfast on News talk Z.

Speaker 3 (27:24):
Bright bosses of companies. This is the S and P
five hundred, speaking of America, the gap between them and employees.
I don't know why they do this, but they do anyway.
Equala is a company they found the average S and
P five hundred CEO pays one hundred and ninety six
times larger than the average worker, which is up from
one hundred and eighty five times. So it's due to

(27:45):
the nature of the stock market, because of course most
people are in the CEO positions are linked to the
stock market. So from twenty twenty to the average total
compensation for a boss increased by zero point nine percent,
but last year that average compensation package jumped twelve point
six because the market had a very good year to payout.
The average payout was a bit over twenty six million
New Zealand dollars, which is not to say workers didn't

(28:05):
make more money too, because they did. Their pay was
up five point two percent year on year, with the
average SMP employee earning one hundred and thirty one thousand
New Zealand dollars, which is not a bad income. But
if you compare the average worker, their pay went up
seven thousand dollars, while the average CEO went up two
point three million. So there's a bit of a gap there.
You see the gap, the gap between seven thousand and
two point three millions, Just that little gap.

Speaker 18 (28:24):
Theck?

Speaker 3 (28:24):
Can you see that? Can you see that gap? Do
you want a microscope? Highest earning CEO was Hop Tan
He's with Broadcom. He made two hundred and sixty one
million last year, which was five hundred and ten times
the median salary of his employees. The next closest was
the FICO boss, William Lansing. He made one hundred and
seven mili. Tim Cook of Apple I didn't realize this.

(28:44):
He made one hundred and two but higher salary compared
to employees because Apple, apparently notorious, were not paying as
well as other major brands. I didn't realize that. So
he made six hundred and seventy two times more than
his employees.

Speaker 12 (28:57):
But but what is he happy?

Speaker 3 (29:00):
Such a good question, you reckon. He probably gets a
free watch as well. Would that be fair? Would he
get it? Would he get a what and a car park?
What about the phone? Would he get the iPad in
the phone and the watch? Or would that be seen
as product abuse? He gays? Can I have you one
of those? Come on? M You've already got the phone
and the watch, mate, and you're earning six hundred and
seventy two times your average employee. Why would you work

(29:21):
for Apple feeling aggreed knowing what Tim earns what you
can earn it another tech company and still set the gun.
Oh it's cool to be at Apple, isn't it. I
hang on, I need to buy another watch because it
just broke news for you. Then we'll have a look
into this business of the Maori Party.

Speaker 1 (29:38):
Big news, bold opinions with the Mike Hosking, breakfast with
Bailey's real estate altogether better across residential, commercial, and rural.

Speaker 3 (29:48):
On News Talks be only seven past seven, so more
allegations against the Maori Party over the misuse of private
information to influence their election campaign. As it stands, the
accusation as they misused both census and COVID vaccine data
to target voters. The party denied all stats. In Z's
investigating the officer of the Privacy Commissioners involved, they passed
a complaint onto police. The labor parties talked to the police.

(30:08):
Ellen Holtz is an employment advocate representing six former Maria
staff and one MSD worker who laid these complaints and
he's with us Helen morning to you.

Speaker 16 (30:17):
Good morning, right.

Speaker 3 (30:18):
So your role in this is what just for clarifications
saying you're representing these people.

Speaker 16 (30:23):
I'm representing them and helping them potentially declare their names
because at the times these events were taken place last year,
they were raising their concerns with their employers, and the
employers being the Marai and also with MSD now in

(30:46):
the and what happened to them. A number of the
six Marai workers were falsely accused by the chief executive
of things that hadn't been done, and basically they whose
people left and the number of their team left with
them because they were implicated in these false allegations. And

(31:08):
the mast worker who was a coacation officer based at
the Marai, she was taken off the site BYMSD because
of the complaint from the chief executive. So the people
that were raising concerns were targeted and suffered retaliation. So

(31:28):
my role is to try and help them pressly clear
the names and then secondly address the unjustified disadvantagement experience.

Speaker 3 (31:39):
All right, just also for clarification's sake, the allegations from
the Mariah towards your clients, if you want to call
them that. Are they suggesting that the so called wrongs
that we're talking about, the information, the distribution, the collection
of information, are they accusing them of that or something different?

Speaker 16 (31:58):
Something They basically have accused our clients of what they
were actually doing themselves. So it was to spare their
name to discredit them. And the same things happening currently
with the head of wiper Era Trust and the Murray
Party basically saying these allegations are baseless when they're not.

(32:24):
And I've seen them, and we work kind of evidence,
so everything is evidence based and there is sufficient evidence. Well,
my role now is to help structure an investigation that
is going to look at all the issues involved. And
believe me, Mike, this case has more tentacles inter octopus.

Speaker 3 (32:46):
I'm ranging into it. I already got to that part.
So we've got two things. We got the census, got
the COVID information. How much of it's a legality issue
as opposed to a if you want to use the
word misappropriation issue, In other words, you shouldn't have done it,
but you're not going to end up in jail for it.

Speaker 16 (33:01):
Okay, So you're right, there's two aspects. So there's a
the criminal and police will look at the criminal, which
is and some of I would look at as breaches
of the Public Records Act two thousand and five in
the Privacy Act twenty twenty. And then is also the
treating which is a breach of two hundred and seventy

(33:23):
in of the Electoral at ninety ninety three. So police
will be looking at that. But the other investigation needs
to look into the unethical conduct was took place. And
I see the villains here as the public service so NSD.

(33:43):
I can tell you that our whistleblower the work and
so wards through MISD. She's used to Protective Disclosure Act.
She declared her concerns at every single stage. She would
ponne up her manager and say this is happening at DEMI,
this is happening at to Bright. She did that continuously

(34:03):
until a complaint went from the MARII TOMSC and she
was removed from the site with no explanation, no investigation
and has basically been vilified. And because she can't trust them,
she hasn't returned to work. Our client and I have

(34:24):
tried to meet with the chief executive of MSD they
won't meet. The other six clients that I have tried
to meet with the Mariah they won't meet. So it's
not a soul. There are people that are hiding. They
are willing to basically stand up to what they've done,
But my real fear is victimization, and my role now

(34:46):
is to protect them.

Speaker 3 (34:48):
Hand on heart. You have seen evidence that, without a
shadow of a doubt, is in breach of something, whether
it be the law or the rules.

Speaker 16 (34:58):
Absolutely, hand on I can say that, and I speak
to somebody that has twice been a district census supervisor
and five times the returning office of the general elections.
So I understand how they meant to be done and
they I did this back in the nineteen eighties and

(35:19):
nineteen nineties, but the basic principle remains the same now.
Morel concernos like MISD they funded activities. They basically funded
the election campaign run by the former chief executive of
the MARII So Marii's staff and it was over fifty

(35:40):
of them basically campaigned for the chief executive the entire
time she ran for elections. So once she decided, they
were working on her campaign case. So MISD funded that
and a lot of the money intended for people that
are on benefits never got there because it was being

(36:02):
used in this way. So that's the first thing. So
I CUMSD is needing to be investigated. Then comes that's
New Zealand and they were advised early on of issues
there and despite what they say, didn't investigate. And the
same with the Electoral Commission. The first day voting took

(36:23):
place at Manoru and Maria, your complaints a went to
the Electoral Commission. Now what we're not happy with is
these investigations taking place in Solos, so there needs to
be a police investigation. So really happy with how that's
working out and by client and I are hoping to

(36:45):
meet and drop off more evidence today and then that's
an opened And the other thing that needs to happen
that there has to be an investigation into the role
of the public cea service, so that includes MSD, that's
New Zealand and the Electoral Commission. And that's our belief

(37:07):
that investigation needs to be conducted by somebody that doesn't
owe any allegiance to the public service and already stats
New Zealand have done. What public services do. An I
deal with cases of public service, so I'd probably have
twenty cases right now or in cases. But the first

(37:30):
thing they do is a point a pay investigator and
they've set terms of reference and a scope that doesn't
allow the majority of the evidence to be heard. So
if the stats New Zealand haven't contacted me or any
of my clients, I could tell them the scope, I

(37:53):
could tell them the extent of what's going on. So
at some point they're going to come out with something
will maybe look at quarter of what happened. So that's
my rollers. Can we set up a process because they're
all allegations and they need to be investigated and nobody's

(38:16):
skilled to be of anything and totally investigation has concluded.

Speaker 3 (38:20):
Well explained Ellen, Listen, we'll stay in touch. Appreciated very much,
Ellen Hults. I think we've got a good background as
to what we're dealing with there and an element of
how much complexity there is. There's got a long way
to go, clearly sixteen past seven, the Hostlers new storms
eving eighteen past seven, so change coming to the early
childhood sector. We've got a review and announced the idea.

(38:40):
It simplifies the way it works that a look into education,
health safety, child protection, food safety, buildings, workplaces, et cetera.
Early Childhood Council Boss Simon Lover is with us Simon Brery,
good morning to you, Good morning mine, welcome and overdue
or not oh very much?

Speaker 19 (38:56):
Long over, Joe couldn't get started soon enough.

Speaker 3 (39:01):
The examples that David Seymour gave is yesterday about all
the stuff you have to go through paperwork wise, are
they real?

Speaker 19 (39:08):
Yeah, that's right. The system we've got it's just not
for purpose. It's so complex and some of those regulations
they're conflicting with each other, they get applied inconsistently, and
the real icing on the cake is one minor infraction
and it could mean the entire loss of your license,
and that could happen in twenty four hours, and that

(39:31):
that's a killer blow. It can knock the service out
and there's nothing they can do to recover. But I've
got a string of really good examples. I think the
mist that's a good way for people to relate to things.
But I think the best example is really around teachers.
So if you think about Minister Seymour talks about that
person in charge, the person responsible, we need one of

(39:54):
those for every fifty children, and that regulation recently got
strengthened in Februar to make it even harder. And they've
got to be teachers. With that regulation, we can have
a teacher who has trained an EEE or it could
be a primary school teacher. However, we've also got another
regulation for required staff and in that second regulation we've

(40:19):
got to meet her at fifty percent. The primary school
teachers don't count as teachers at all. They're nothing, they're
unqualified teachers, so they don't count. It's not and then
we have another rule around funding around teachers as well,
and for that one we can count teachers who are
in training. It is incredibly unworkable. You know, how do

(40:42):
you make all these systems that don't work together work
at a center level.

Speaker 3 (40:47):
Well, let's hope that they tidy, get up, clean it up,
and you can, as David Simol said yesterday, move faster
and do more. Simon Love, who's the Early Childhood Counsel
CEO Local Body Politics, they've also had a look at
this this week at Select Committee. I give you some
details on that in just a moment seven twenty one
on My cost will breakfast Now the keyw we dream.
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got some very impressive inclusions like a discounted interest rate

(41:30):
free Pulse Broadband for the first year, contribution towards SBS insurance,
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(41:51):
two and twenty twenty three. It is all to be
found on the website SBS. Check them out Husky twenty
four our local body politics. Having a bit of a
weeken the sun, they formed a group, as we told
you tuesday, to look at the ways of pumping up
voting turnout in the possibility of a four year term.
The government's change rules around Murray Wards has also seen
the local authorities front up this week have the Assayates

(42:13):
Select Committee and on that specifically. They're bogged down and
they don't even seem to know it. They're bogged down
by something that never had to be as problematic as
it's turned out to be. So the old rule was
of councils decided to introduce in your area Murray seat
or Murray Wards. The locals who hadn't been consulted got
to run a vote. If you went out and got
five percent of the rate payers backing you, you had

(42:33):
a vote. And when they did hold a vote, it
was a landslide each and every time. Telling the councils
that Murray wards were not wanted labor without consultation changed
that rule. You weren't allowed to vote anymore. Councils could
do whatever they wanted, no checks, no balances. Now this
government wants to flip that law now. Mistake number one
from the councils, as I argue this week, its central

(42:53):
government overreach is what they say while they forget that.
They're the same councils who cry poor to governments over
everything infrastructure to storm damage to GST collection. You can't
have it both ways. Central for money and local for
power doesn't work. Mistake too. The answer has been in
front of them all along. It's called democracy. Originally, before

(43:13):
they started jurymandering the system, anyone could stand. Still can.
In fact, if you noticed that anyone can stand, and
if they got enough votes, guess what they were elected
Because not many maris stood. Some bright spark argued race
based policy was an answer. Stack the rules, marry get
a different deal, and it's been downhill ever since. When
the rule is that anyone can stand, there are no barriers,

(43:33):
you have no problems, the freedom to stand, the freedom
to debate, the freedom to contest the vote. It's a good, clean,
clear system, and most importantly, a level playing field. It's fair.
When you mess with it, you strike trouble. And here
we are, years later, trying to untie the mess that
race based bias creates. Keep it simple, Listen to the people,

(43:54):
value democracy and you might just find more people actually
turn up to vote.

Speaker 2 (43:59):
Ask it.

Speaker 3 (44:00):
This is typical, Mike, what an insight that guy needs
a medal at this election issue is not fully investigated transparently,
then this has the potential to end up as New
Zealand version of the UK Post office scandal. Murray, I
think you're over selling that ever so slightly. And we
are in a quagmire of things that are broadly acceptable,
and you can blame the last Labor government for some
of the giveaways, the vouchers, the freebees. Once you go

(44:24):
down that track, and once you mix it in with
a census versus a covid JAB, you've got muddy muddy waters,
haven't you. So what is it you're offering the incentives for.
Is it the census? Is it the covid JAB? What
happens to the information? But then you get to the
very real allegation that Labor seems to have made to
the police, which of you then take the information? Mary
Party DENI all this. But if you take the information

(44:45):
and then push it out via a political message and
you don't link it to your party, you are indeed
breaking the law. And that's where the police come in.
So this story got a long way to go, demanding.

Speaker 2 (44:55):
The answers from the decision makers.

Speaker 1 (44:58):
The Mic Hosking Breakfast with Avida Live The Age You
Feel News talks ed been very much.

Speaker 3 (45:04):
Look a lot of the cash Out with Nick Briant
after light o'clock our the Forever War, America's unending conflict
with itself. Haven't read it electronically because it's so new.
I don't even put the print copy in the country.
It's out today. It's a brilliant reader as always, So
Nick glint our old matis back with us after eight
o'clock mean time. Back to the reform that was announced yesterday.
We've done the early childhood. Now let's get onto the
work rules. Our Holidays Act is getting a once over.

(45:27):
A couple of big changes coming pro rate sickly even
switching from an entitlement system to an accrual system and
annual leave draft bill is going to be up for
consultation in September. Ellen McDonald of the Employer's Manufacturer's Association
with us along with Jared Hare, who is with the
Labor Workers' Union. Gentlemen, very good morning to you. Good
morning Ellen, overdue and can it be tidied up and

(45:49):
tidied up.

Speaker 13 (45:49):
Well, well, we live and hope, Mike. It's been successive
governments that have promised to have a crack at this,
and successive governments haven't got there. So we're really looking
forward to making it a much simpler system, easier for employers.
Means also that employees get paid, which is very important
because a lot of them are still waiting on back pay.

(46:10):
And let's crack on with it.

Speaker 3 (46:12):
Is sick or annual the problem or both.

Speaker 13 (46:16):
It's both and from our point of view anyways, So
first of all, with the holiday pay, the existing Act
is hugely complex. There are some massive provisions for back pay,
particularly in government departments, but also amongst employers. I think
you're looking at two point two billion for the health sector,
one point two etcetera for education and so on and

(46:38):
so on.

Speaker 3 (46:38):
Okay, can it be tidied up in your view? Because
having had crag, no one's got there. Why is there
some miracle required or with just a bit of attitude.

Speaker 13 (46:48):
Well, there's a bit of a holy grail in this
and that's the single calculation to do holiday pay, and
that's why we favor the CRUL system. So if you're
work X, you get why. It's simple straightforward. Employees know
what they're getting, they get it from day one instead
of having to wait twelve months, and employers can simply
do the calculation and get it right now.

Speaker 3 (47:07):
Jared, where are you at in terms of is it
a mess and doesn't need changing? And if it does
need changing, what would you do?

Speaker 20 (47:15):
Well, there does need to be some tweeting, but let's
be clear. The sickly changes are simply a reduction in
entitlement and they're going to affect I mean, it's just
going to be transferred from workers to employers and that's
going to affect you know a lot of people forty

(47:38):
percent over forty percent of workers actually work part time.
If you take part time as less than forty hours,
we don't know what the calculation. That's the problem. That's
why it is complex sometimes because people don't work nine
to five forty hours.

Speaker 15 (47:54):
A week anymore.

Speaker 20 (47:55):
Overall, peature's working lines are complicated. That's why the rules
have to be complicated. Women will be absolutely affected. Fifty
eight percent of woman work less than forty hours, so
you know this is going to have a huge impact
and on the sickly sixty percent of the workers who

(48:16):
work part time work in four areas retail, hospitality, education,
and healthcare. Now, those are the four areas where you
get more likely to catch something and get out of work.
Gets so there's a good reason and women. The reason
why way women is because they are still in the
twenty first century, unfortunately more likely to end up having

(48:38):
to take sickly to look after children.

Speaker 3 (48:40):
It's part of the ideological because I think it was
your example, al And the person who works a day
that's forty eight days a year and they get ten
days sickly, that's that's heavy. So ideologically the union would argue,
that's fair enough, that's life. You guys would argue, no,
it's not.

Speaker 13 (48:54):
Well if you go back to when the ten days
sickly for part time workers came in, we're posted at
the time for reason, if you work ten twenty hours,
you get the same amount of sick pay as somebody
who works forty hours a week. Now, if you look
at that from the flip side of that, that means
the person or the people working forty hours a week
and then carrying the burden of those people that are off.

(49:15):
And I'm not sure where it gets to transfer from
You know, you accrue the leave as you go along,
so we're not saying take away the sick leave. It's
just a proaterate.

Speaker 15 (49:23):
To the hours that you work.

Speaker 13 (49:25):
And also you're coming from the point of view that
employers are trying to exploit these part time people, will
take advantage of them, or however you want to look
at it, have a conversation with your employer. They're reasonable people,
they like keeping their start.

Speaker 3 (49:36):
Indeed, the consultation side of it, though, Jared, when it
comes out in September, is the consultation from your point
of view, or the government's worked out what they want
to do and they'll do it anyway.

Speaker 20 (49:46):
Well, they seem to be pretty clear. The devil is
always be in the detail. It is what particklarly, what's
to find this part time on the leave, But in
terms of the end you'll leave, it's pretty clear they
go into any cruel system and actually we know what
that looks like because my union other unions have been
fighting for eight years now to get the billions owed

(50:06):
by workers who are who weren't paid properly. And let
me give the example of what moving to it a
cruel system will be because it's oh, it's about simplicity,
but it's complex for a very good reason to make
sure workers get leaves that they need. So if I
start the year working twenty hours, and then in January

(50:29):
and I move up to a forty hour job, I
work harder it get some more hours. That's great, regular
hours to forty in June. And then it comes to
December and I go, I say, I want a week's leave. Okay, Well,
under the current law, I get forty hours because I'm
working forty hours, and I go on leave and I
at the same pay. Under a cruel system, I get
thirty hours. Forty thirty hours, yes exactly, I actually move

(50:56):
twenty five percent. Okay, that's what cruel system mean.

Speaker 3 (51:01):
Yeah, no, I understand how the cruel as I get it.
All right, Well, let's wait until September and see what
they come up with and see where we go. So
sick and annual leave it's needlessly complex. Am I just
sitting here thinking this is needlessly complex? Or was that
just me seventeen minutes away from eight asking if you're sick,
you're sick? And I think part of the sickly problem is,
of course people take the mickey, don't they. I mean
it would nice to think we all turn up to work,
actually enjoy our job and have a good life. But

(51:24):
it seems to be slightly different these days. Let me
come to disability research. Yesterday we got a text and
it said, Mike, have a look at the new Zealand
disability sector changes over the last six years. This came
out of our discussion with Steve Price ongoing in Australia.
It's just a complete and utter route and they hand
out money. If they work out your disabled in some way,
shape or form, they hand you over money and then
you can go out and spend it on whatever you want.
And that seems to be a surprise that it's been

(51:45):
sort of exposed. Anyway, Mike, have a look at the
new Zealand disability sector changes over the last six years.
Funding no longer on a needs assessment. It is based
on what the disabled person chooses to make their life better.
So is that true? We have the answer in a
month at sixteen two the my costume breakfast. Most of
you seem to agree a believing in a cruel system.

(52:06):
I mean, you earn as you go in terms of
holiday pay and if you work one day a week.
Why would you get ten days annual sickly? If it
seems pointless versus a person who's working five days, we
can get to ten days annual sickly. None of it
makes any sense anyway, We'll see where we go with it.

Speaker 19 (52:19):
Right.

Speaker 3 (52:19):
Disability research is that, as the Texter suggested, ants are
close individualized funding. It's called an if payment. We've done
the work, Our research department has done the work. It's
called an IF payment. You can do with it whatever
you want. Maintaining your house. They give you a list
of ideas. Maintaining your house, personal care of someone disabled,
pay the cost for engaging work. It's that sort of stuff.

(52:40):
There's a list of what it can't be used for.
No illegal activities, no gambling, no alcohol, no things that
are not disabilities support such as health services that are
provided by a hospital or income. Support doesn't cover cost
related to medical supplies, equipment, homer innovations, leisure, recreation, and
personal family costs. Now would they have a check on that?
I suspect no. So if you went down to the

(53:01):
pub and had a nice lunch, what are they going
to do? Element of a high trust model labor gave
us nothing else apart from erect economy. They gave us
the old high trust model. So how do you get
and apply for funding? So this is where it gets
a bit in New Zealand tricky. You can't fill out
a form on the website or anything simple like that.

(53:21):
Wouldn't that be a nice idea. What you've got to
do is find a local needs Assessment coordinator service and
you go for a face to face consultation and maybe
you'll get seen within twenty one days. Now you understand
the logic behind that, which is obviously you can scam
them online if you front up and go here I am,
here are my issues. Let's talk them through. Obviously they
get a better read on what's going on ADHD. The

(53:43):
claim was, and I made the comment in Australia have
been very contentious. You get money for having ADHD. Remembering,
of course in Australia, although you were technically disabled, you
can do whatever you want if you can hold down
a full time job with ADHD. You get your salary
as a person holding down a full time job with ADHD,
but you also get the so called disability money. Here

(54:05):
from what we can find out on the website. It
doesn't include ADHD as part of it. However, you can
get an ADHD disability payment through WINS for those under
seventeen year olds and who have severe ADHD that can
be up to seventy eight dollars a week. So it
doesn't seem as I was going to use the word generous,

(54:25):
but that's the wrong word. As big a scam as
the Australian system seems to be, because that's a multi
billion dollar scam. But you know they're getting upset in
Ausralia about the person who went out and bought a car.
But if you're handing out money because you're disabled and
you can pretty much do with it whatever you want,
and you go buy a car, then so what Then
make a rule that says you can't buy a car,
or make a rule that the money is funneled directly

(54:47):
into help with your disability. But if you're just going
to hand it out because people are disabled, then you
know you're asking for trouble. Same thing seems to apply here. Yes,
tell them not to gamble or drink booze, but I mean,
what are you going to do about it when they do?
And the answer I strongly suspect there's nothing. So there
you go. It's a similar but not completely the same system.
Turn away from it.

Speaker 2 (55:08):
The mic Hostle Breakfast, where are fader you talk?

Speaker 12 (55:11):
Said?

Speaker 3 (55:12):
So more insurance issues. This time it's not about the
weather but cars and cars that are getting nicked to
the country's most stolen car turns out to be the
excuse me too, to aqua and given that if you've
got one, it'll cost you as much as three thousand
dollars a year to insure it, now consuming you. Zealand
Chief executive John Duffy's back with this' John, very good
morning to you.

Speaker 5 (55:29):
Good morning Mike.

Speaker 3 (55:30):
So it's good on the fuel allegedly, and that's why
people buy them in the first place. If you balance
it out and go, look, I'm saving a fortune on
fuel because she's so efficient, but I'm paying extra insurance
because it might get nicked. Does the balance work out
or we wouldn't have a clue.

Speaker 21 (55:42):
It's hard to say because everybody's insurance is based on
different factors, but it's clear that insurers are charging more
to insure this topic car because of the risk of theft.
So yeah, it could very well be that you cancel
out your fuel savings and your insurance pretty.

Speaker 3 (55:56):
How variable is it? So if you just after a
small car with a good you know, fuel efficiency rate,
and can you go to something completely different that doesn't
get nick doors often and therefore your premium will be
markedly different.

Speaker 21 (56:09):
You could, But it's it's not just how often or
how prevalent thefts of that type of car is. It
depends on your driving history, we live, how many people
are going to be driving the car. A whole lot
of other factors go into, you know, the premium the insurance.

Speaker 3 (56:27):
Company, whether it's on the street.

Speaker 21 (56:30):
Precisely yet, whether you're garaging your car or not, whether
you install things like inn a mobilizer in the vehicle
to deter theft. These are all factors that an insurance
can will take into a care and noticeable.

Speaker 3 (56:41):
If I have a Toyota Aqua and I say I've
goten a mobilizer, I've never done anything in my life.
I've never made a claim. I'm a good player. It's
in a garage every night. Will that's see they see
that for what that is and forget it's an aqua,
or will they still penalize it because it's an aqua?
And Nick elsewhere.

Speaker 21 (56:57):
Well, you know, insurance companies are insurance company. They base
their what they charge you on hard data and hard risk.
So the tact of the matter is you'll be taking
that Toyota Aqua out onto the streets and probably parking
it at times. And if that means it's more tempting
for a criminal, it could mean that that the premium

(57:18):
is higher by the very nature of the type of
car that you've got.

Speaker 3 (57:22):
I worry about whether it's sorry, carry on, I.

Speaker 21 (57:25):
Was just so they may seem unfair, but that's that's
just how works pure hard risk assessment.

Speaker 3 (57:32):
What I worry about is whether it's an acquit or not.
Is that if you ping people to harshly, they're not
going to get insured. And you don't want uninsured cars
on the road because there's already enough of them. And
we should make at least third party compulsory and we
never have, And that's a that's that's on us, I guess,
isn't it.

Speaker 21 (57:46):
Well, that's right, And you know this is one of
the the kind of hidden costs of crime, you know,
where where we're not doing enough to stop vehicle theft. Actually,
as a society, we all pay for it because all
of our premiums rise those of us who choose to
get insured, and you know that is problematic. So you know,
ultimately the people we should be pointing the finger out

(58:07):
here are the people who are sticking the cars. The
insurance companies are just doing what they always do and
price based on risk.

Speaker 3 (58:14):
Yeah, good on you, John, appreciate it very much, John Duffer.
We can't point the fingers at the thieves on the
show because no criminals listen to this program. That's well known.
Facts come up in a number of surveys we've done
throughout the years. By the way, speaking of cars, just quickly,
I gave you the numbers this week on New Zealand
new car sales not good. It's been a bad year
so far. May was up a smidge on April, but
overall things are very quiet in the old car market.

(58:36):
But in Australia, ironically the fifth record month in a row.
They're going gangbusters, longest streak of growth in twenty years
after So what the hell's going on in Australia? Presumably
people are feeling bullish enough with enough money to go
out and buy cars. Sales are up twelve point two
percent from January to May of this year. Similar cars

(58:57):
in Australia Ranger, high Lux, rav Outlander, Camery, Corolla, c
X five News in a couple of moments then speaking
of Australia, Nick Bryant, your trusted.

Speaker 1 (59:10):
Source for news and fews, the mic Hosking Breakfast with
the Range Rover Sport setting the benchmark in sporting luxury news, togs, EDB.

Speaker 3 (59:22):
Time one Chick's going out to ed In America it
is seven plast eight. It's hard to work out just
how big a mess America and its politics are right now.
A former president looking for a return to the White House,
a convicted criminal with more judicial action to come, of course,
are the incumbent with the sun in court on gun

(59:44):
charges as we speak at about a house in Congress
in a state of almost permanent dead locker. But there
is a lesson or two in history here, the Forever War,
America's unending conflict with itself. It's out today. It's a
brilliant look at where America has been and how those
threads lead us to today's resolved issues. It's written by
our very good friend Nick Briant, who is beck with us.

Speaker 5 (01:00:03):
Nick, good morning, Mike, thank you for those kind words.

Speaker 3 (01:00:07):
And it's a very very good book. I've only got
the electronic version, so I've been wading through it. So
when you get the hard copy out, I expect one
with a little signature at the front of you wouldn't mind.

Speaker 5 (01:00:16):
Oh, You've always been very supportive, and my books are
always a labor of love, and it's great to shadow
with people who love America as well. Are a fascinated
by it. I know you're in that category.

Speaker 3 (01:00:25):
And having said that, your last book, When America Stopped
Being Great, ended up I read in this book on
Biden's bookshelf.

Speaker 5 (01:00:33):
Yeah, that's a great story and a great thing to happen.
That was a die happy moment for me, Mike. I mean,
if there's an audience of one that you want to
target with a book about America, it's a president of
the United States. I popped up on Morning Joe one morning,
you know that show on at MSNBC, and I was
talking about this new book i'd written, When America's Stopped
Being Great. I didn't realize that Biden was a huge

(01:00:55):
fan of Morning Joe, or at least he tends to
watch it most mornings. I think while he was shaving
or something, you heard me talking about it. The friend
later that day said, Joe Budden's just mentioned your book.
I couldn't believe it. He hadn't mentioned it by name,
but he mentioned a new book that came out that
sounded very much like mine. And then a few weeks
later somebody on Twitter noted, Nick Bryant will be happy

(01:01:16):
with this. It was a picture of Joe Biden in
the White House with Anthony Blincoln is US Secretary of State.
There was a little pile of books on the shelf behind,
Yes what I zoomed in and thought that my book
was amongst them, and it was such a thrill mic.
I mean, for somebody who's been writing about American politics
for most of my adult life, who ended up with
a book in the over office that was really was
a special.

Speaker 3 (01:01:36):
Moments fantastic you say, as a filled with very good lines.
The news cycle is the historical cycle in microcosm. So
in broad terms, you're arguing that if we looked a history,
we can see why we are here today.

Speaker 5 (01:01:49):
Oh, we really can. But it's a history mic that
we tend to forget, or deliberately arraise or just overlook.
I mean, while I argue in the book is that
Trump is just as much a product American history as
Richard Nixon or John F. Kennedy or Ronald Reagan or
FDR or Abraham Lincoln. But it's the stuff that we

(01:02:10):
tend not to think much about these days. For instance,
you know, demagogues have always raised their heads in American history.
A lot of the presidents have had surprisingly authoritarian tendencies,
including some of the great heroes of the story. Abraham Lincoln.
He shut down three hundred newspapers that he didn't like,
a clear violation of the First Amendment. He suspended habeas

(01:02:32):
corpus during the Civil War, another violation of the constitution.
FDR again, you know, a liberal hero. The Democrats absolutely
adore FDR. But similarly, he was quite authoritarian in some ways,
trying to maximize them as much presidential power as he could.
But the thing is, Mike, I mean, FDR. He busted

(01:02:55):
the norm set by George Washington that you only serve
two terms. He kept on winning re election and that's
the point. The American people like this kind of president
who was very strong, a kind of strong man president.
And Annada Roosevelt always said. The line in his inoral
address that got the biggest applause was not the famous one,
The only thing that you have to fear is fear itself.

(01:03:15):
It was actually where he said, you realize that I
have to alter the balance of the Constitution here and
the wartime powers in peacetime. That got arousing a line
of applause, and it shows Americans always been recepted to
that kind of strong man leadership.

Speaker 3 (01:03:28):
Yeah, exactly. So the book started an inauguration day and
you're on the first train out of Washington. You're not
staying behind with your mates for a drink. Was that
for you sort of the beginning of the end that
you kind of like you'd fallen in love with America,
arrived in America, covered America and something wasn't the same.

Speaker 16 (01:03:45):
Yeah.

Speaker 5 (01:03:46):
Washington that day was like a garrison tan. It had
thirty five thousand troops that were stopping Americans from fighting
American That for me was absolutely tragic. They had a
green zone called it in Washington. That was terminology used
in Baghdad. I mean literally, Washington looked like Baghdad on

(01:04:07):
the Potomac And Biden's most memorable phrase from the inaugural
address was democracy has prevailed. But he didn't say it
in a sense of celebration. It was set out of
a sense of profound relief. And you know he was
speaking on an inaugural platform, might that only two weeks
earlier had been the staging post of the January sixth rebellion.
And I remember turning up early that day. The US

(01:04:30):
Capital was festooned with red, white and blue bunting, like
all inaugurals are, but it really could have been still
sequested by yellow police tape, and somebody had decided to
test the auto tu and they were putting on the
words of the Gettysburg Address, Lincoln's most famous sermon, and

(01:04:51):
the word that day really struck me. Lincoln had asked
can this nation endure? And I thought that question still
resonated all those years on. As America is just tearing
itself apart.

Speaker 3 (01:05:04):
You're also arguing the country has to make peace with
the two hundred years before the sixties, because we talk
about the sixties a lot. Do you think they ever will?
Do you think, as you said, that people don't think
about it. It is what it is, and we've got
this new, weird, crazy Norman it will be what it
will be.

Speaker 5 (01:05:19):
It's two Americas. But division has always been the default.
I mean, that's the key argument of the book. Independence
or Victory over the British brought about independence, but it
didn't bring about instant nationhood. That wasn't a given. They
really had to work at that. There was a feeling
in the early years, indeed, that America might become two, three,
four different confederations split along regional line. So you know,

(01:05:43):
division has always been there. I'm pretty pessimistic about America
in this book, But what I don't think will necessarily
happen is that Americas slide into civil war, certainly not
on the scale or nature of the civil war that
we saw in the eighteen sixties. But what I also
think is America won't reach a state of civil peace.

(01:06:03):
The divisions are so deep now, the alternative realities that
Americans have are so deeply embedded. And one of the
big arguments that the book is one of the reasons
why America is so divided is that so much of
its history remains unresolved.

Speaker 3 (01:06:22):
Brief break, might I go why Nick Bryan, who's with
us out of Sydney this morning, his book at the
Forever War, America's unending conflict with itself. More In a
moment fourteen past the Breakfast News Talks seventeen past eight,
Nick Bryant's I guess the forever War, America's unending conflict
with itself. It's out today, Nick. Interesting at the end,
you arrive in America, of course at JFK. You leave JFK,

(01:06:46):
Lady Liberty, New York. You're looking at and you didn't
look back. And that was a couple of years ago.
Now you end up in Australia, start a new life.
As you lead your new life in Australia, have you
looked back? Do you regret it in any way, shape
or form or not?

Speaker 5 (01:07:00):
Oh, Mike, I haven't been back to America for almost
three years now now. During my adult life, I've never
gone more than twelve months without being in America. I've
lived in America for the biggest chunk of my adult life.

Speaker 6 (01:07:13):
You know.

Speaker 5 (01:07:14):
I started covering Washington for the BBC in the Clinton years.
They sent me over for the Monica Luizky Scanda, which
are the corner of the Bill Clinton scandal, of course,
and I covered Clinton, I covered Bush. I was there
on nine to eleven. I was there the night Obama
was elected. I was so the night Donald Trump was elected.
We were both there, weren't we We were at the
Hillary Clinton what was supposed to be the celebration. You know,

(01:07:37):
I have been absolutely fixated with America and my mind, frankly,
has not migrated. I mean, you know, the first thing
I do in the morning is check the New York
Times at the Washington Post and see what's happening in America.
But I haven't been back, and I think that's crucial.
You know, we were glad to get away. In the end,
I think, you know, my kids have reached the age
while they realized why they were doing those shooter drills

(01:07:57):
in their schools. My wife and I had always said
that would be the moment we leave Amrita an Australian
who was born in New Zealand actually Takapoona, and we
decided to come back, and we haven't had an urging
to return. And I think this speaks of I talk
about a faith displaced. I loved America as a kid.
That changed me together. As a teenager, I became a

(01:08:19):
lot more confident. Frankly, I ended up at universities I
would never even have thought of applying to had I
not gone to America as a sixteen year old and
really started living out a version of my own American dream.
And I've always loved America. At times of my life,
I would have happily taken up American citizenship, and I
still have that deep love for America. But I don't
want to live there, partly because it's got so crazy,

(01:08:42):
partly because it's got so violent, partly frankly because it's
willing to countenance the return of Trump. I mean that
looks like it's not a strong possibility, but certainly a
pretty good possibility. So, you know, for all those reasons,
I think we're better out of America.

Speaker 3 (01:08:57):
Just switch countries briefly, because you've been in the UK
with the speech at Cambridge, I know recently, and you
write a very good piece in the Sidny Morning here
all the other day. I'm assuming you assume, like we
all assume, that the Tories are done for? Is it
because the Tories have been in power so long and
all governments that have been in power for a long
time time, does them or have they done something particularly egregious?

(01:09:18):
And the polls might be right and it could be
a wipeout.

Speaker 5 (01:09:22):
I think both of those things are true. I think
any government is trying to sort of win a fourth term,
which is essentially what the Tours are trying to do. Struggles,
you know, I think most governments tend to get booted
out after ten years, don't they. I mean we've seen
that in India this very week. You know, Mody's obviously
going to be the prime minister, but with a reduced majority,
and it was a surprise to money. But again it's

(01:09:42):
that kind of anti incumbency feel of somebody who's been
around for a long time. But I also think the
chaos of the Tours is obviously a significant reason. I
mean Britain's have more prime ministers over the last four
or five years in Australia in the ashes of political chaos.
I Australia at the moment, and I think that's one

(01:10:03):
of the reasons. I mean, Keir Starmer is a pretty
boring labor leader, you know, I described it in that
piece as you know, having all the charisma of a
packet of frozen peas. If there's any frozen peas listening today.
I apologize for the slur, but it's you know, it's
I think it's just a lot of people that are
set up for the sort of chaos of the Touris

(01:10:23):
that post Brexit chaos of the tourism, even though they're
not particularly enthusiastic about a labor government, that's what we'll
get in Britain.

Speaker 3 (01:10:31):
Yeah, exactly, mate. I will be in New York in
October November, so you won't be. So that's a shame.
So we'll have to work out some way to get
together in the ensuing period. But in the meantime, all
the very best with his latest book. And it's always
a thrill to catch up and chat with you, Mike.

Speaker 5 (01:10:45):
It's always a pleasure to talk to you. I will
hope to get there and over November, so let's have it.

Speaker 3 (01:10:49):
There you go, it's on. So then Nick Bryant out
of Sydney for us this morning. What was it the
Trevid scenes of the cap I'll look it up and
tell you in just a couple of moments. It was
a night to remember. I can tell you that eight
twenty one.

Speaker 1 (01:11:05):
On my Costal Breakfast with the Range Rover sport use
talks end.

Speaker 3 (01:11:09):
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eight hundred triple nine three nine asking Jabbets Center I
was thinking of the Jacob Jabbets Binge and Center and
Eleventh Avenue, Manhattan. And you see Cheer coming down the

(01:12:14):
stairs in tears when it became apparent that her favorite
Hillary was not going to win. The other woman who
was I cannot remember the actress's name. She was in
the you know, the orgasm scene in with Billy Crystal,
Meg Roan, Megrian, Meg Ryan was there not looking too
well for where, but she'd worked out that Hillary wasn't

(01:12:35):
going to win. She too was coming down the stairs
crying away.

Speaker 12 (01:12:37):
I just clarify it wasn't the orgasm scene. It was
the fake orgasm scene.

Speaker 3 (01:12:41):
Oh sorry, well was it? Because it was certainly well done,
So well done.

Speaker 12 (01:12:47):
I think that was the point of the scene.

Speaker 3 (01:12:48):
You just didn't know. Does he think RFK is gone now?
Does he think RSK has a chance? RFK is an
interesting bloke and talked extensively about that. And I think
it's the what's the amendment? Fourteenth amendment? If he gets
on enough gets on the ballot and enough states and
causes enough consternation that the electoral college number of two
seventy isn't reached by either candidate, that's going to be fascinating.

(01:13:09):
Speaking of elections, the snap pole after the debate last
night with Rishi and Sakiah fifty one to forty nine,
Rishi won it. They saw him as more believable, They
saw Kia as more relatable. There's another poll out this morning.
This one's from you Gav as well, and it's got
the Reform Party. And this is where it gets interesting

(01:13:29):
because under FPP, just because you've got a good number
doesn't mean you win any seats, and so what sort
of effect this is going to have. But it's got
the Reform Party, Faraj's party on seventeen percent as opposed
to the Faraj announcement just a couple of days ago.
So we've definitely moved the needle Conservatives on nineteen. So
nineteen plays seventeen, so the Conservatives will be absolutely wetting
themselves at the moment. So all of this and more

(01:13:51):
with our man Rod, who's w us after the news,
which is next on the my Casking.

Speaker 1 (01:13:56):
Breakfast, setting the news agenda and digging into the issues
the Mic Hosking Breakfast with Bailey's real estate altogether better
across residential, commercial, and rural.

Speaker 3 (01:14:15):
On news talks, he'd be Mike, we were there to
support Hillary, et cetera. For all you conspiracy theorists around coverage,
what was happening was everyone went to the international media
went to Hillary Clinton's headquarters, because you had a choice
of two in New York. You had a choice of
Hillary Clinton's headquarters or you had a choice of Trump's headquarters.
Problem with the Trump headquarters as they weren't letting international

(01:14:37):
media in. They only let a selection of local media,
and so the only thing they had to do was
to either not go to either or go to Hillary's headquarters,
which was I believe me, it was well worth watching.
It was an extraordinary night. You've never seen as it
because as a detached observer, and they had it all
and the Jabbet Center is a massive, massive room, massive center,

(01:14:57):
and they had a huge electronic wall, and they were
the map of America and they were putting up the
results as they came to hand. And you've never seen
more people being more deluded in one room at a
time because as a sort of an observer just going
this is interesting. This doesn't look like it's going well,
And it became fairly evident fairly early on it wasn't

(01:15:20):
going well, and yet they couldn't see it. And I thought,
at what point are these people going to wake up
their candidates losing the election right in front of their
eyes and they don't seem to have realized it. And
it got right, and it got to the early hours
of the New York morning, twelve thirty one o'clock in
the morning, and you were getting the late States when
it had become a abundantly clear she wasn't going to win,

(01:15:42):
and yet still they sort of couldn't believe it. It
was the weirdest, weirdest night. Twenty two minutes away.

Speaker 17 (01:15:47):
From nine International correspondence with ends an eye insurance peace
of mind for New Zealand business.

Speaker 15 (01:15:53):
Speaking of elections in Britain, Rod Little Morning Mate, Good
morning Tuna Mate.

Speaker 3 (01:15:56):
Once Natpolo read posted about fifty one forty nine to Rishie,
was it worth a watch? Would it have changed any
of the votes? Or are we all made up our minds?

Speaker 15 (01:16:08):
The usual thing to say is that it doesn't change
any of the votes. That may be true. That may
be true. However that fifty one forty nine ignores the fact,
well it doesn't ignore the fact, but I mean, if
you look at that figure, You've got to take into
account that Richie Sounac is on twenty three percent in
the polls, twenty four percent in the polls, so that

(01:16:30):
is a quite remarkable sort of vote. I mean, I
watched the debate because I have a sad, empty life.
Five million other people did it, so it did get
out there, and Richie won. I was counting the scores

(01:16:50):
as we went through, by about ten two nine three,
ten two. He won easily and convincingly. And the thing
which he won most convincingly on was the fact that
if Labour gets in, you are going to pay more
for everything. You know, it's going to be taxes, it's

(01:17:12):
going to be fatuous green schemes, it's going to be
vat on things you're not paying V eight and at
the moment and so on. And it worked, it worked.
And the other way it worked was that the other
way which this debate worked in favor of Richisunac was
that Starma has no vision for the country and would

(01:17:37):
not elucidate as to what he was going to do
if he got in. Now. That was matched by Richisunac
equally refusing to concede that the Conservatives hasn't been the
ideal party of government for the last ten years. Sure
he was wrong there, but this notion that Starma couldn't

(01:17:59):
actually say what Labor was going to do on any
single issue really resonates with the public. And I think
fifty one forty nine, I think that Sunaku won by
a mile, and I think that has had some resonance,
not enough to reverse the poles, but enough maybe to

(01:18:22):
shove two or three percent.

Speaker 3 (01:18:24):
Have we got any seats at all? Because since we
last talked, there was the massive series of poles, these
projections where they interviewed teens of thousands of people. I
know there's one out this morning that says reforms within
a couple of points, and you got poll Conservatives nineteen,
reforms seventeen. Do we have any sense whether these poles
are real or the poles just feed into the poles
And when you see the Tories being wiped out into

(01:18:45):
sixty six seats or whatever, it's it's just a thing
that becomes a thing in and of itself.

Speaker 15 (01:18:50):
Yeah, there's a time lack with the polls. And I
have to say, if you'd asked me, and you did,
I think three a week or so ago, you know
what was going to happen in the general election, I
would have said it's going to be a lot closer
than people suspect, and I wouldn't rule out a hung parliament.
I think the advent of Nigel Farrage joining the campaign

(01:19:14):
standing for MP being at the forefront of reform has
substantially changed that in favor of the Labor Party, because
the Reform Party will do great damage now to the Conservatives,
especially up here where I am in the red Wall
seats of the northeast of England and indeed the Northwest.

(01:19:35):
They will cause very, very great damage. Indeed, whether it's
fifteen or sixteen percent, I think that's probably pushing it
when it comes to an actual poll rather than an
opinion poll. But you know, you take ten percent off
in all of these seats and that's that's a toury
is wiped out.

Speaker 3 (01:19:53):
Yeah, but here's the interesting thing, and once again we've
talked about your first past the post system. So you
get your twelve, thirteen, fourteen, fifteen percent and it comes
from the Tories. But do you win a seat or
do you just play exactly so you play the spoiler.
Labor get all the seats and you've got nothing to
show for it other than you're stuck it up the Tories.

Speaker 15 (01:20:12):
Yeah, well yeah, except you see, I had a meeting
two or two weeks ago with the local reform people
in the constituency in which I'm standing, and the thing
we were talking about was, you know, would they support
the SDP when we stand And the thing would shone
through from them, and there were three of them, was

(01:20:34):
that they were motivated almost entirely by a hatred for
the Conservative Party. You know, it was rancorous. I don't
like the Conservative Party very much, but this not really
hated them, and I think you're going to see a
bit more of that. So the question will come down
to for the voters vote reform and get labor reform.

(01:20:57):
Will say, well, so what, it's no worse than having
the concern in power. But I think a few conservative
voters will think twice. But nonetheless, I think the Toys
are in a far worst position now. The Farage he
was a supremely competent and charismatic politician. Whatever you may
think of his policies, he is very very adept at

(01:21:20):
tapping in to the concerns and worries of the average,
particularly working class voter. That's hugely damaging for the tours.
It's pretty damaging for my party to tell you the truth,
and it will have an effect on election day.

Speaker 3 (01:21:33):
Good on you might we'll catch up on Excuesday. Appreciate
it very much. Sky A SKYTEV. By the way, Rod Little,
but SkyTV have announced this morning that they're running what
it's not quite a third debate. There were two debates,
one of which was held ninety big. I'm assuming the
second ones on BBC. But Sky have announced this morning
that this coming Thursday today we in other words, they're
going to hebe what they call an in depth interview

(01:21:54):
with Russian Kia and then they're going to put questions
to the audience. There's also been announced over a night
a deputy leaders sort of get together headline today. Angela
Grandela Rainer pound Land, Penny Mordant and Nigel mister Milkshake
Farage are going to go head to head next week
as well, so that may or may not be worth watching.

(01:22:15):
Eight forty five the Mike Costing racist coment is away
from nine Wallspurit Journal just reporting that a deal's been
done with the NBA National Basketball Association for eleven years.
I don't know why they went eleven. They probably someone
wanted twelve and someone else wanted ten. Maybe that's where
they landed.

Speaker 2 (01:22:32):
I don't know.

Speaker 3 (01:22:33):
Seventy six billion NBC and Amazon and ESPN get it,
seventy six billion. That's a two hundred and so seven
billion a year for broadcasting rights. That's roughly a two
hundred and sixty five percent increase on what they did.
Which the only reason I mentioned that, apart from the
fact that's interesting and eyewatering, is of course you bring
it back to rugby and its various trials and tribulations

(01:22:55):
in this part of the world. And I keep trying
to explain globally, sport is on fire. Sport is the
go to lean into. If you've got something sport related,
media cannot bend over enough to get you involved in it.
From volleyball to pickleball, to the NFL to the NBA

(01:23:15):
to the NHL, the women's basketball, things taken on a
whole life of its own in America at the moment,
and just we don't seem to League here. League here,
for example, is doing really well in a small, little,
confined part of the world. But you know, poor rugby,
I know what a great deal of interest. Will Alexander
has finally brought his hunger strike to an ended. You

(01:23:36):
noticed this yesterday after nineteen nineteen. What I'm assuming if
Philly peckish days Anyway, I went straight to his demands
when he launched this on the eighteenth of May. He
had three demands to be met before he stopped eating,
and I thought, well, in nineteen days, three demands have
been met. That's not bad. What are these demands? I

(01:23:58):
thought that Will Alexander former Short Street actor by the way,
just in case you not quite the household name he
might think, he is one the government restart and double
its funding for the United Nations relief. Now that hasn't happened,
so things aren't off to a good start. Two Paul

(01:24:20):
kiwi troops from the Red Sea. No, that hasn't happened either,
So he's not USY so zero for two. Will three
stop New Zealand high tech company Raycon from supplying components. Now,
the problem with Raycon is they said quite clearly they
had no idea and they didn't think that any of

(01:24:40):
their stuff went into weapons. So that hasn't happened either,
So he's lost thirteen kilograms overall and he's achieved nothing,
So what was the point? And you've never you've.

Speaker 12 (01:24:55):
Fallen round to his trap here you are talking about
it on the most listened to radio show in the country.

Speaker 3 (01:25:00):
No, No, I didn't, Glenn, because it depends what he wanted.
Did he want the water to stop or did he
want to just draw attention to himself? So he would
argue he wants the war stopped. So he's failed utterly
if he merely wanted people to talk about And then
you're right, I did fall into his trap here I
am talking about him, and he's sitting listening, going, oh

(01:25:21):
they're talking about fabulous. But we wouldn't want to make
that suspicion, would we. I'm sure he's a much more
rounded individual. And what he really wanted was the water stop?

Speaker 12 (01:25:29):
Did it say what he went for? Was it a McMuffin? First?

Speaker 3 (01:25:33):
A good question, very very good questions, Pie completely ignored
in the coverage that I read yesterday.

Speaker 12 (01:25:41):
That's but the only thing I want to know.

Speaker 3 (01:25:43):
Next thing in the headline X Shortland Street actor, is
that really what you want to be known for? I mean, honestly,
is we're all ex Shortland Street actors, aren't we I
mean's we've all been there eight minutes away from nine.

Speaker 2 (01:25:56):
The cost breakfast.

Speaker 3 (01:26:01):
Maybe you just wanted to lose some weight, Mic, and
you lost thirteen kgs. You're not in Guatemala now, doctor Hoskins, Mike,
there's one thing the idea fears most. It's a B
grade lefty actor from New Zealand. Starvingham is a very
very guy called Prof Galloway who does a podcast and

(01:26:21):
he talks often about this infatuated generation of people who
think they're so fantastically self important that by doing attention
seeking stuff. He was referring to, of course, all the
protests on the university campuses, but all these people are
drawing attention to themselves, genuinely believing that they somehow are
going to make a difference because they are so so important.

(01:26:43):
Five to nine.

Speaker 1 (01:26:45):
Trending now, Humous ware House, your home of Winter Essentials.

Speaker 3 (01:26:49):
State of O last night, and the talking point this
morning has been the Blues player who got sent off
after ten minutes and Maroons romped home.

Speaker 2 (01:26:56):
So that was all that.

Speaker 3 (01:26:57):
But before all that happened, we had the anthem, of course,
the Australian anthem, uh plenty of people were amused because
they're calling it a hipster version. It's the twenty twenty
four Australian Idol Winner winner Dylan Wright.

Speaker 5 (01:27:17):
Australians, there are three choice are we go on every.

Speaker 2 (01:27:27):
Good, damn sorl well thoughts, our home is Cavasi.

Speaker 9 (01:27:36):
Lander bounds and Nature's gears beauty rich.

Speaker 3 (01:27:45):
I see what he's trying to do then, and he's
actually trying to get She's not a dead every stead
He watched the super Bowl version, Wait.

Speaker 2 (01:27:56):
Cherv Strange?

Speaker 5 (01:28:01):
Nonis fair?

Speaker 17 (01:28:08):
You fair?

Speaker 3 (01:28:09):
He was wearing a powdered green suit, which didn't help either.
Speaking of which, the Radio Awards are on tonight and
producer Sammy's he's going along. His mum's led him out late,
so he's got to pass for the night, and he
too is wearing a green suit. He will be the
only one wearing a green suit fairly obvious reasons. Green's

(01:28:31):
not that big in the suiting department. I'm pretty pretty
comfortable and saying that at the moment, and so green
suit it is. And so we'll take some photos, we'll
get something up online and put it on the older
website and stuff like that. Anyway, back tomorrow morning at
six as always, Happy Days.

Speaker 2 (01:28:48):
It's beautiful seas it o.

Speaker 1 (01:28:52):
For more from the mic Asking Breakfast, listen live to
news talks it'd be from six am weekdays, or follow
the podcast on I heart read yo

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