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Chapter 1: What is the main topic discussed in this episode?
Hear yourself think. It's Heather Duplessy-Allen on the Mike Hosking Breakfast. With Bailey's Real Estate, your local experts with national and global reach. Newstalk ZB.
Morning and welcome to the show. Coming up today, Chris Hipkins on when the copper should have told the police that he's off to join the Labour Party, plus why it's OK for Chippy to use a super to buy a beach house, but you can't. We've got claims of aluminium dumping, the aluminium industry on that and where the stuff is coming from.
The stoush over money that's stopping Spark from replacing all the old pay phones around the country. We've got Catherine Field doing France for us, Enda Brady in the UK, and we'll get the Middle East expert Jeffrey Price to explain what's going on with the Iran ceasefire after eight. So what do you reckon?
Can One Nation keep polling like this all the way through to the next Australian election in a couple of years? What's happening to this party is nothing short of remarkable at the moment. They are now the most popular party in Australia in three polls over the last fortnight. And that includes the News Poll poll, which is a little bit like the TVNZ poll for us.
Chapter 2: What are the key topics covered in today's Mike Hosking Breakfast?
It is the big one. It's the one that people talk about. If an election was held today, one nation would be forming a government. Pauline Hanson would be the Prime Minister of Australia. Now, my pick is they can't hold this for two years for one reason, personnel.
They've got the same problem that Nigel Farage has with reform over in the UK, same problem Winston Peters has with New Zealand First here. They end up needing so many candidates fast that they bring in numpties. Winston is famous for this. He's famous for bringing in Motley Crue, isn't he?
Chapter 3: What are the implications of aluminium dumping claims in New Zealand?
Most recently, Andy Foster, who's currently rorting the accommodation allowance by now claiming money to pay for him to live in a house he's owned in Wellington since 2000. My favourite numpty, though, is the one that was brought in by Nigel Farage in the recent council elections in the UK. The woman who said she wasn't ready for the job because she didn't know what an amendment was.
And that's the trouble that Pauline Hanson's going to have. She has to find maybe 150, maybe 180 candidates for both parliamentary and Senate elections. Each of them has to be vetted for skeletons. Each of them has to be media trained. They have to learn the policies. They have to be taught not to say anything other than the approved lines and policies.
Now, that is without this party even having to come up with credible policy and everything else that's required to convince voters that they're ready to run the country. I reckon One Nation will probably still have a rip snorter of an election in two years. They'll do well. But well enough to actually install a prime minister? Again, have a look at Pauline Hanson. Their problem is personnel.
News of the world in 90 seconds.
All eyes are on the Middle East again this morning to see if the Iran ceasefire holds. Iran and Israel have been trading airstrikes over the last 24 hours. Trump has spoken on Truth Social. Final negotiations on peace are proceeding, subject to ignorance or stupidity getting in the way. The blockade will remain in place and in full force and effect until a final deal is reached.
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Chapter 4: How is the Labour Party's leadership transition affecting New Zealand politics?
Things should move quickly. Iran is blaming the US...
Direct responsibility of the United States is unequivocal and the consequences of any escalation of tensions will also rest with the United States.
And Israel is pausing strikes for now.
They stopped attacking us after we attacked them in Iran. And if the terror regime will make a mistake and once again attack us, we will retaliate forcefully. Israel has the full right for self-defense and we are realizing it whenever necessary.
To Britain, where the inquiry into the 2023 Nottingham attacks has wrapped up. This was where the paranoid schizophrenic Valdo Calacane stabbed three people to death and tried to kill three others. The families are hoping for justice.
My eyes have been opened to what the public don't see behind closed doors. The police have openly apologised to us during this inquiry for failing to execute that warrant. If they'd simply done their jobs and arrested him, there is a possibility my dad could still be alive today.
And Sir Keir Starmer has stopped short of a full social media ban for teenagers. Instead, he's telling the tech companies to block access to naked images on smartphones for under 18s. This is not an impossible challenge. These are the sum of the most innovative companies in the world. And I believe they can solve it. And there's a bit of drama around the FIFA World Cup, isn't there?
Just US visa rules are preventing fans from many countries being able to attend. And that includes many people from Africa.
We believe that when a country that qualified for the World Cup and aspires to go as far as possible is deprived of its supporters, it's like amputating a leg from the team.
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Chapter 5: How is the ceasefire negotiation between the U.S. and Iran progressing?
And that market down sort of 7% or 8%.
uh heavy exposure to the chip makers there and that sector that bore the brunt of the selling on friday night now in korea you've got companies like samson electronics a company called sk hynix they they are a big partner to nvidia australasia though bit of a calm spot in the storm degree of stability nzx and asx they fell less than one percent and just on no sign of closure i ask the question every morning heather i don't listen to all the stuff going on out of truth social ask a very simple question are there boats
full of oil going through the Straits of Hormuz. What is the answer this morning? It is still no. So oil actually spiked up to $98 overnight, but it has come back to $94 just on more headline-driven news.
You're quite right. I mean, that is the test, isn't it? All right, what's going on with the screwworm?
Yeah, look, I just wanted to quickly note, because we haven't talked a lot about this. You've now had two cases, a second case of a screwworm parasite found in cattle in Texas. So it's jumped the border from Mexico. Now, the thing that we haven't sort of heard about is what are the implications for us? Because this could have potential implications for the US cattle herd.
There is a case that could be made.
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Chapter 6: How is Spark planning to modernize public phone booths in New Zealand?
for increased prices for red meat and demand for red meat. And so that could potentially be good for New Zealand beef, possibly another positive for our farmers. And I just wanted to just pick that up because that will sort of play out over the next couple of weeks.
Yeah, OK. Give me the numbers. Thanks, Andrew.
Righty-o. The Dow Jones, 50,867. It's dead flat. The S&P 500, 7430. It's up two-thirds of a percent, about 47 points. And the Nasdaq up just on 300 points, 1.16%, 26,007. The FTSE 100 up five overnight, 10,373. As I said, the Nikkei got hits. Actually, it recovered a little bit, down 3.85%, minus 5%. 2,563 points, just over 64,000. Shanghai Composite, 3,959. It lost 1.7%.
The Aussies yesterday lost 61 points, 0.7%, 8,625. The close there in the NZX 50 down 124 points, just under 1%, 13,038. Kiwi dollar recovered a little bit. 0.5814 against the US, 0.8245 against the Aussie, 0.5037 euro, 0.4355 pounds, 93.10 Japanese yen. Gold, $4,336. As I look at it now, Brent crude is at $94.37. Good stuff, Andrew.
Have a good day. Andrew Callagher, Sean Partners, 622.
The Mike Hosking Breakfast full show podcast on iHeartRadio, powered by Newstalk ZB.
Heather, this election is Chippy's last rodeo. He's toast. Couldn't agree more, Tony. He's gone after this. He's going to lose it. I'm not excited about this story because basically this business with the copper is a process thing, isn't it? I mean, he's allowed to stand for the Labour Party if he wants to. He just should have told the cops earlier that he was doing it. So it's just sloppy.
It's not malicious from him. But, I mean, there are questions to ask, which is why we're going to talk to Chippy about it. Also, I think you have to factor in that Richard Chambers' reaction is also calibrated, right? He's not being a neutral guy here. He is going hard on purpose on Rakesh Naidoo because he's the clean-up guy.
He came in after Costa let all the standards slip, so Richard wants you to know he's the clean-up guy, so he's really making the clean-up, isn't he? Anyway, Grant Duncan, who's a political commentator, will be with us after seven on that at 6.26.
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Chapter 7: What are the new child safety features being introduced by Apple?
Not yet. You wait till 9am. I'm going to go take my little dose of creatine. What kind of a power bunny I'm going to be then. Anyway, Heather, no, they're not going to dump those two from the cricket team. They were just having a bit of fun. It's not like they're standing for the Labour Party. Fair point.
On that subject, Grant Duncan, political commentator, this business about the Labour Party and the police officer and when should he have told his bosses. He's with us next. Newstalk ZB.
Sharp on Insight. Heather Duplessy-Allen on the Mike Hosking Breakfast. With Range Rover Sport. The most dynamic Range Rover Sport ever. On Newstalk ZB.
Morning to you now. Labour's release of its list yesterday didn't go quite as well as planned. The Police Commissioner Richard Chambers says it's now untenable for Superintendent Rakesh Naidoo to stay in his job after being announced as a Labour candidate. Grant Duncan is a political commentator and is with us. Morning Grant. Good morning, Heather. From what I can see, this is a process story.
There's no suggestion anything is malicious here, right?
That's right. I don't think there's any question about Superintendent Rakesh Naidu's character.
It's very much about process and whether his employer, the New Zealand Police, got notice early enough in the process to be able to steer him away from sensitive duties and just think ahead about leave.
Now, it seems to be the case that he seems to have told his supervisor on Thursday last week. Is that enough of a heads up for something that was being decided and announced on Sunday and Monday?
It appears to me, no, it's not enough because there are two things had to happen.
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Chapter 8: What are the reactions to the latest political developments in the UK?
Is it when he actually takes the decision, yes, I'm doing it?
Well, this is the thing. And I think reporters over the next few days will have to ask a few questions because we just don't know enough. And so we don't know, for example, when he joined the Labour Party.
We don't know when discussion about his candidacy began between him and the Labour Party. And so we don't really know.
And we don't know when the vetting and induction process began. So it's impossible for us to make a judgment at the moment as to when did his political neutrality get compromised in this process.
And the advice, though, is for public sector employees generally and especially for police where the relationship is very sensitive. to advise their employer as soon as possible.
Okay, what do you make of Craig Rennie being dumped so far down the list?
Well, he's going to be running for an electorate seat, so we'll see how he goes there.
But yes, that was a little bit of a surprise given his prominence in the media and also the way that he's been talking about economic policy publicly.
Grant, it's good to talk to you. Thanks for your time this morning. It's Grant Duncan, political commentator. By the way, Chris Hipkins will be with us after half past seven. It's ten past. The government has launched an investigation into claims of aluminium dumping. It's being alleged the aluminium products are being dumped here at below the cost of the raw product.
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