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United States and Israel relations are further unravelling after the latest move by Benjamin Netanyahu.
The Israeli Prime Minister's released a video where he's attempting to remove the block on a US bomb shipment that was introduced last month.
He says during World War II, Churchill told the US "give us the tools and we'll do the job".
He's now telling the US give us the tools and we'll finish the job a lot faster.
The White House has pushed back saying it doesn't know what Netanyahu's talking about.
US Correspondent Richard Arnold told Mike Hosking that it's denying reports it's since cancelled a meeting with Israeli officials.
He said that the White House says they’re trying to work out the calendar on that, which means they are seeking to paper over differences.
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At the end of each week, Mike Hosking takes you through the big-ticket items and lets you know what he makes of it all.
C-listers: 7/10
Burn of the week. I love people who call it like it is.
Granny flats: 7/10
A common sense policy and we need more of it.
GDP: 8/10
Come on! We beat Australia! Can't you feeeell the growth? Surely this makes us a rockstar economy again? Surely? Right?
The Defence Force plane: 3/10
The outworkings of numerous Governments that lacked back bone and never understood basic investment.
Sail GP in Christchurch: 4/10
They said they wouldn't be back, and they won't be. When a dolphin beats growth, tourism, marketing and income it explains a lot about the malaise.
Janet Dickson: 6/10
Good luck to her. Real estate agents get what her argument is, but I suspect she will lose in court.
Eden Park: 8/10
A Super Rugby game sold out. About damn time.
Joseph Parker: 8/10
Warm vibes from me. A really nice guy who sits comfortably these days in his own skin. It's been awesome to watch the journey over the last decade.
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Think hard before you jump.
That was a quote from the Reserve Bank economist Paul Conway in a speech this week, as he tried to explain monetary policy, inflation and our general mess of an economy.
The comment was, in part, an answer to a question about whether the approach the bank had taken to the economy was the reason why so many New Zealanders were leaving.
"Think hard before you jump." The prognosis he went on to say was good.
He is right, to an extent. It always comes right.
This country, in fact this planet, is in a mess right now. But it hasn’t, and it won't be, that way forever. History is instructive. The "leaving New Zealand" debate has been had for decades.
We have been in a hole many times before. Young people have hated the place dozens of times over.
Half of Australia is filled with aggrieved Kiwis who bailed first chance they got. But I detect a slight difference this time. A lot of people ask, or say, that they don’t know if the Government can fix it this time around.
That explains the current polling around confidence. Post election confidence went up because we had acted and we had lanced the Labour boil. But then reality came back for a visit.
The books were worse than they thought, there were hidden dramas, fiscal cliffs, the economy got really ugly, and things started to bite. Whether this Government can turn that around is still an open question eight months on from the vote. Plus, it's winter and it's always worse in winter.
For what it's worth, I don’t have a shadow of a doubt the Reserve Bank has made it worse than it needs to be. But I was around for Robert Muldoon and he was a calamity of historic proportions. It took Roger Douglas, and a series of deeply traumatic decisions, to right that ship. But he did it.
This lot, with fortitude, gonads and no fear, can probably repeat the trick.
But, as we have seen this week in surveys in Australia, they are just as unhappy. The millionaires in Britain are bailing in record numbers. Lots of people have lots of grievances.
We are not alone.
It doesn’t make our plight any less stressful. But we aren't the only basket case in town.
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Threats of war are firing between Israel and Lebanon-based Hezbollah, sparking fears of a wider Middle East conflict.
Israel's military says operational plans for an offensive in Lebanon have been approved.
Meanwhile, Hezbollah says it would invade northern Israel should a war break out.
Otago University Professor of Peace Studies Richard Jackson told Mike Hosking that it's unlikely Israel could take on both Hamas and Hezbollah, as the latter is a much bigger opponent.
He says since the 2006 war Hezbollah's been massively re-arming and it has a lot more sophisticated weapons.
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Wellington is gearing up for a weekend of indulgence with a huge chocolate festival in town.
Chockstock is coming to the Harbourside Function Centre with chocolate tasting sessions starting this evening and wrapping up Sunday afternoon.
More than 25 chocolate makers will feature in the exhibition.
Co-Founder Luke Owen-Smith told Mike Hosking that the craft chocolate industry's growing.
He says there are three times the chocolate makers there were a few years ago.
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Kingsland is set to be buzzing as the Super Rugby Final kicks off in a sold out Eden Park.
The Blues are playing the Chiefs tomorrow from 7pm, taking the home field advantage.
Blues Coach Vern Cotter told Mike Hosking that the recovery of Patrick Tuipulotu was a good boost for the team.
He said that he’s instrumental in putting everything in place, and gives the boys around him confidence.
Cotter told Hosking that he knows the Chiefs are reasonably confident coming to Eden Park, but it is their home ground, and the Blues are proud to play there.
“It will be a good battle.”
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On the Mike Hosking Breakfast Full Show Podcast for Friday 21st of June, Finance Minister Nicola Willis reacts to the surprise GDP increase and the Blues and Chiefs coaches talk their prep ahead of the final.
The Transpower CEO tries, and fails, to explain what happened in Northland and when the power will be restored.
Kate Hawkesby and Tim Wilson play the ‘family friendly’ game of what NZ city is the happiest.
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It all comes down to Saturday, as the Chiefs face the Blues in the Super Rugby Final.
They’re playing before a sold-out Eden Park, kick-off at 7:05pm.
Chiefs Coach Clayton McMillan told Mike Hosking that while they lost their way a bit in the middle of the season, it was a reflection of them acknowledging some shifts they needed to make in their game, and then they got it going right at the end of the season.
He said that the Blues are probably the form team in terms of consistency, very direct, very powerful, and they need to go up there confident in their own ability and give it everything they’ve got.
McMillan said playing the Blues a few weeks ago gave them a feel for where they could make some shifts in the game, and they took on some good lessons from the loss.
“We’ll put them under just as much pressure as they’ll put us under.”
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Nearly 100,000 people spent the day without electricity in Northland after a transmission tower linking the region to the rest of the country collapsed.
Power was restored to most of the region yesterday evening, but consumers were asked to conserve electricity and warned their hot water cylinders would remain off while the amount of energy getting into the area was limited.
The tower was undergoing maintenance work when it fell yesterday morning but questions remain on the cause of the collapse.
The country’s grid provider Transpower issued a grid emergency notice. It was the second such notice issued this year after there was a shortage of generation during a cold snap in May and a solar storm two days later.
Transpower says they don't yet know why a transmission tower toppled over at Glorit, northwest of Auckland, causing a widespread power outage in Northland.
NorthPower says supply's been restored to most of the very north of the country while Top Energy's showing 61 customers in Bay of Islands still without.
But hot water controls are in place, further outages are possible today, and people are urged to conserve power.
Transpower chief executive Alison Andrew told Mike Hosking that they haven't done a debrief with the crew on-site at the tower.
She says at the moment they are focussed on restoration, and there will be an investigation, but speculation is unhelpful.
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Sign-off for a huge Government funding boost for Pharmac - which would allow for greater access to potential life-changing drugs for cancer patients - could come as soon as Monday.
Finance Minister Nicola Willis has confirmed she would announce a policy “very shortly”, but wouldn't confirm the exact timing.
Willis was speaking to Newstalk ZB’s Mike Hosking this morning, following reporting by The Post that an announcement of a $600 million boost for drug funding is imminent.
That money could allow National to keep its pre-election promise to fund life-saving cancer treatments, while also giving Pharmac more money for other drugs.
Willis told Hosking no announcement would be made today.
But she did not deny, when asked, that an announcement about drug funding would be made next week following Cabinet sign-off on Monday.
“We’ve been working very hard on this policy and we’re going to make an announcement very shortly,” she told Hosking.
She did not specify whether the $600m figure was accurate.
Willis’ comments come after the Government has been accused of breaking an election promise to fund 13 cancer-specific medicines, after this year’s Budget did not include funding for the policy.
Health Minister Shane Reti has promised the drugs will still be funded and delivered this year.
That apparently put Reti at odds with Pharmac Minister David Seymour who this week said he could not guarantee funding for the specific 13 drugs listed in the National Party’s election policy, partly because that would threaten Pharmac’s negotiating ability.
However, an additional $600m would represent an almost 40 per cent increase in Pharmac’s budget, which could give the drug-buying agency the freedom to buy the 13 cancer medicines along with other medications, maintaining its independence.
Health advocacy group Patient Voice Aotearoa described the pending policy as “excellent news, not only for terminally-ill cancer patients, but for many of the 330,000 New Zealanders who are waiting for one or more of the 90 medicines on Pharmac’s Options for Investment List”.
“Today’s news will put a significant dent in Pharmac’s waiting list of medicines that they want to fund,” chair Malcolm Mulholland said.
“This is worth celebrating. I hope that today’s news signals the end of New Zealand being the only country in the world with a waiting list of medicines.
“Having patients wait for years for a medicine not only leads to poorer health outcomes but is inhumane. It should be to our eternal shame that successive Governments underfunded Pharmac for over two decades which resulted in an ever-growing waiting list of medicines, and consequently, lives either being cut short or living in pain and misery.”
The policy, campaigned on by National ahead of the 2023 election, promised to fund 13 cancer treatments which were unavailable in New Zealand.
The list of drugs had been identified in a 2022 Cancer Control Agency report. Some experts and advocates, including those in that report, have questioned whether other or more modern drugs would be more effective.
The Budget this year didn’t include funding for the policy, prompting widespread criticism and forcing the Government to come up with a solution to honour the commitment. No timeline has been offered regarding an announcement on the future of the policy, except that it would be implemented by the end of the year.
Reti, a National MP, earlier this week admitted the Government had poorly communicated the policy’s future but he stood by his party’s policy, guaranteeing the same 13 drugs would be funded.
“We had made a commitment to these people and they saw themselves in this policy and so we’re going to deliver that policy.”
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Stonehenge being vandalised has been labelled as shameful.
A pair of UK Just Stop Oil protestors have sprayed the ancient monument with orange paint a day before summer solstice celebrations start.
They've been arrested on suspicion of damaging the prehistoric structure.
UK correspondent Enda Brady told Mike Hosking that the activists said they've made a point to the next Prime Minister to stop reliance on fossil fuels.
But he says it's resulted in the desecration of a national treasure.
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New Zealand Cricket Players Association boss Heath Mills is adamant athletes will keep having to choose between club and country until the global calendar is aligned.
Kane Williamson has joined a growing list in turning down a central contract to pursue the overseas T20 dollar but will still be available to a large extent for the Black Caps across all formats.
Mills says each national board and T20 league design their own schedules independently, rather than collaborating.
He told Mike Hosking that until they come together and agree on a programme that makes sense, then players are going to have to make these sort of decisions.
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Yesterday saw the beginning of New Zealand’s largest business events trade show.
‘Meetings’ connects overseas investors to domestic industries, highlighting what we have on offer in New Zealand.
Over 1000 business events professionals are gathering in Rotorua’s Energy Events Centre over the next few days.
Business Events Industry Aotearoa CEO Lisa Hopkins told Mike Hosking that New Zealand is in a really strong position to do very well.
She said that overseas investors understand that New Zealand is open for business and when they visit, they aren’t just coming into Rotorua, but rather visiting other parts of the country and getting a really strong sense of what we have to offer.
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On the fringes of the Prime Minister's Japan trip are two stories.
The first is the plane that needs replacing and the second is C-listers.
I very much doubt whether anyone who matters in Japan really shifted their thinking about New Zealand over such frippery.
The plane is the more serious story, and needs addressing, and if any good comes out of a bad situation it might just be that things have got so comical, so third world, that we might actually get around to addressing the problem.
Clearly no Government has had the gonads to make the call, given the politics, remembering of course the 757's are not about VIP's but mainly about troops. But our plight, or at least the image of our plight, is now so pathetic that we may well just acquiesce and accept that we need to actually show a bit of leadership and sort it out.
We may as well do the Interislanders at the same time.
But, to story number two. C-listers and tag-alongs.
The Prime Minister was making a point that bypassed too many of those who cover him. Too many of them don’t get it, or more importantly, don’t want to get it.
You only had to watch his press conference in full in Japan on Tuesday to see it. There are some in the press gallery that are children.
Was Luxon blunt? Yes.
Was he wrong? No.
Was he indelicate. Maybe.
And that’s the price you pay for unsophisticated coverage, of which there is far too much.
His point was specific, in the sense these missions need people who have an interest in the market you are in, can do business in the market you're in, are already in the market you're in and can convert into tangible results the trip they have just taken.
In other words, it's not a meet and greet. It's not options and ideas, it's not blue sky and thought bubbles. It's cutting deals, doing business and banking the cheques.
That was his point and in fact, if you listen to his words he made that point. So therefore, he was right to double down when questioned by the clickbaiters and it was based on experience because he had been on these jaunts in another life.
The credit he deserves is based around his determination to do the miles, hold the meetings and put this country back on the map.
When it comes to business, he is a serious player looking for results.
His punishment is he's followed about by people who don’t get that.
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On the Mike Hosking Breakfast Full Show Podcast for Thursday 20th of June, what are we expecting from the GDP number for Q1? And just how much trouble are the Government in after yet another failed ETS auction?
Is professional cricket in NZ facing a turning point when you have captain Kane Williamson turning down a central contract to play T20 overseas?
Joseph Parker is back in a big way. Two huge wins and now he's turning into a promoter as well. He joined Mike Hosking in studio to compare biceps.
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Kiwi heavyweight champion Joseph Parker is branching out.
He’s moving into the promotion business, partnering up with Duco Boxing and Dazn for a multi-fight partnership, headlined by David Nyika.
It’s Parker’s first time as a promoter, working alongside his longtime friend and manager David Higgins.
He told Mike Hosking that Nyika has achieved a lot as an amateur, has a great work ethic, height and reach, and he reckons they’re very fortunate to be working with talent like him.
Parker’s shift to promotions is not unexpected, as in the years since Higgins became his manager, he taught him about the business side of things.
“I’ve always shown interest in, you know, the sponsorship, the venue, the tickets, the corporates, and now he’s given me the opportunity to do this event together.”
He said it's a view to life beyond the ring, but also a chance to give back to others in the sport.
“I want to help other fighters and give them the same opportunity I was given from David Higgins to reach the top.”
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The Government's keeping possible changes to the electric vehicle scheme on the downlow.
Some in the sector are frustrated only a handful of groups have been consulted but Simeon Brown says this isn't the case.
The Transport Minister had attempted and failed to urgently repeal the Clean Car Standard on Budget night.
Now the legislation's before the House.
Brown told Mike Hosking that it's better this is resolved by a minister as opposed to Parliament or the public.
He says the standard has to be flexible and respond to market conditions.
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The Climate Minister promises he's focused on a 'credible' carbon credit market after yesterday's auction came up empty.
Not one unit was bought out of 3.5 million available.
Questions have been raised about the price of the credits and the gap between demand and supply.
Minister Simon Watts told Mike Hosking that the Government's working on its emissions reduction plan alongside the trading scheme.
He says they've been working hard to send a signal to the market on what the Government's intent is.
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Banks are split over what today's GDP figures will show.
Stats NZ will release the data for the first quarter of the year this morning.
Westpac, BNZ, and Westpac are picking a small contraction, while ANZ and ASB are picking a small expansion.
Westpac Senior Economist Michael Gordon told Mike Hosking that everyone's in a similar range, slightly above or slightly below zero.
He says it's when we've had strong population growth which should provide a baseline of growth, but it seems we're going backwards in per person terms.
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