Episodi
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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.
Tory Whanau: 9/10
She scored it herself and why wouldn’t you, shouldn't you, when you are as brilliant as her? God, she deserves a holiday.
Donald Trump: 7/10
For the sheer madness, calamity and unbelievable amount of bullshit he has spouted in 100 days. You will never see the likes again, unless of course he runs for a third and fourth term.
Auckland FC: 8/10
You can't argue with that execution of success. Have a dream, get a team and win the competition. That's brilliant!
Canada: 7/10
Election of the year so far and will almost certainly beat tomorrow's in Australia, unless Dutton does a Morrison. And I'm not running odds on that.
Toyota: 7/10
The All Blacks deal is a nice fit. How good will Tamaiti Williams look in a Yaris?
James Meager: 3/10
For saying random stuff like he's looking into helping Air New Zealand into the regions and getting fares down. He's also looking to get butter under $4 a block.
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Three prizes for three good calls this week by the Government.
1) Financial literacy coming to a school near you in 2027, and not a day too soon. In many respects it’s the more valuable end of the education spectrum. It's education you can actually use.
2) Nicola Willis and her cutting of the operating allowance from $2.4b to $1.3b. The $2.4b number already had headlines for being skinny, or unrealistic. $1.3b is rabbit out of a hat material.
I assume she is telling the truth when she says she has found billions in savings, because you can't run a country on thin air.
3) David Seymour, with more reality check reminders that we have too much Government. In his speech he alerted us to just how much - 82 portfolios, 41 departments and 28 ministers.
If ever you wanted an example of bloat, there it is.
The portfolio joke is about appeasing people. There isn't an issue or pressure group you can't appease by inventing a label.
The real issue is ministers. The good news currently, as Audrey Young in the Herald pointed out this week in her famous marking of ministers annual outing, is most of them are getting good scores and most of them are decent operators.
But it is not always the case and too often, with the last Government being your classic example, portfolios are used and/or invented to reward loyalty and/or give people pay rises. Whether you can do the job is secondary.
Good governments are run by a handful of talent. In David Lange's day it was the Prime Minister, Roger Douglas, Richard Prebble and David Caygill.
With Helen Clark it was the Prime Minister, Michael Cullen, Phil Goff and Annette King.
With John Key it was Key, Bill English and Steven Joyce.
This time its Christopher Luxon, Chris Bishop, Nicola Willis and Simeon Brown - multiple portfolios at the heavyweight end of the index.
Unlike the real world, you will note Cabinet and Government never downsize. The public service can be downsized, but the Government never is.
Sadly for Seymour, unlike the other two ideas this week, his isn't real.
Financial literacy will materially improve our kids’ future.
Willis and her austerity will materially improve our economy.
If Seymour somehow trims a single minister or ministry, it won't be an idea - it will be a miracle.
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Episodi mancanti?
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On the Mike Hosking Breakfast Full Show Podcast for Friday 2nd of May, Health Minister Simeon Brown is forcing doctors back to the negotiating table via the ERA.
Just what is happening with the Indian Panthers basketball team? The team was suspended and the CEO is on to tell us their plans to fix it.
Kate Hawkesby and Tim Wilson discuss Mushroomgate, Suzanne Vega, and a new whisky infused manuka honey as they Wrap the Week.
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One day out from the Australian Election and Labor seems to have it in the bag.
If the polling stacks up, Anthony Albanese will remain Prime Minister and Peter Dutton will once again be relegated to opposition.
There’s been criticism across the ditch that the coalition’s campaign has been full of U-turns and back tracks – undermining their credibility.
Australian Political Commentator Bruce Hawker told Mike Hosking Dutton presented a risky persona, with many of his policies and comments quite Trumpish in their attitude.
He says people likely started to think they’d prefer having the devil they know.
The state of Dutton’s policies were also a concern, Hawker says, with many feeling underdone.
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An unshakable insistence from Indian Panthers boss Parveen Batish that their indefinite ban from the National Basketball League won't be permanent.
The first year team were handed an immediate ban mid-season following serious allegations of payment issues and player unrest.
The Panthers can return to the NBL if they meet various conditions set by the league's commission.
When asked if has been asked if their catalogue of off court issues have been sorted, Batish told Mike Hosking they’re 100% sorted.
He says when they come back they’re going to be much stronger, as the positivity around what they can do and deliver is enormous.
Newstalk ZB understands the other 11 NBL teams were unanimous in revoking the Panthers league license.
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Declining stats for Auckland's Eden Park, as the number of major events coming to this country reduce.
Revenue fell from $44.3 million in 2023 to $29.7 million in 2024 and major event attendance fell from 881 thousand to 540 thousand.
Eden Park CEO Nick Sautner told Mike Hosking one of the factors to blame is the lack of seed funding.
He says there’s been limited funds available from Auckland Unlimited and the central government, and they’ve missed out on a number of events over the last 12 months.
Sautner says Eden Park went through a 125 year journey to get concerts, and now we’re in a situation where artists are bypassing New Zealand.
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David Seymour's calling for fat to be cut from multiple areas of government.
The Act Party leader wants a limit on the number of ministers – with no ministers outside of Cabinet, and no associate ministers other than in Finance.
He wants 30 total government agencies, down from 41.
Executive Director of business think tank New Zealand Initiative, Oliver Hartwich told Mike Hosking the current model doesn't make sense.
He says there's a Minister of Housing but also a Minister of Building and Construction, as if they have nothing to do with each other.
Hartwich also says the Ministry of Business, Innovation and Employment is a prime example of a bloated cabinet.
He says there are 16 ministers in charge of MBIE, and Ireland has 15 in its entire cabinet.
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The Drug Foundation says the country barely invests anything into helping and supporting people with meth-addiction.
Discharges from public hospitals suggest meth-use has increased four-fold over the past decade.
Wastewater testing last year showed a doubling in meth use.
Drug Foundation Chief Executive Sarah Helm told Mike Hosking a lot more could be done, especially with knowledge from new research.
She says about half of people using illicit substances have ADHD, which could help prevent drug-use if treated.
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The Health Minister is standing by the current pay offer to senior doctors.
Thousands of planned procedures have been delayed following yesterday's strike action, while Health New Zealand is applying to the Employment Relations Authority for urgent facilitation.
Union members have told Newstalk ZB their pay rates aren't keeping up with the private sector or with Australia.
But Simeon Brown told Mike Hosking the pay offer is "credible" given Health New Zealand only has so much money to go around.
He says the health budget has to cover hospital services, GPs, aged care, and a range of other things, and there's pressure across the board.
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Elite sports are not a cheap field to enter.
19-year-old Liam Sceats is on a journey to make it as a professional motorsport driver, aiming to achieve his dream of competing in IndyCar.
He’s currently competition in Indy NXT with HMD Motorsports – and it’ll cost him $1.2 million USD to compete in all 12 rounds.
Sceats currently has a three event deal, but will need to secure more funding to take it all the way to the end.
However, obtaining funding is not as easy as simply doing well in the races.
He told Mike Hosking that support certainly comes easier if you’re a winner, but for him it largely comes from hustling and doing the groundwork.
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Regulars will know school and I were never really that close.
It was a means to an end, and the end couldn’t come soon enough. The means was the skills required to get out into the world and get on with it.
One of the things it did help with was economics. I found it genuinely interesting and did quite well in it.
They taught me compounding interest. If you don’t know about compounding interest, you don’t know about life.
Economics is life and its lack of understanding is why so many people have so many difficulties with money.
As of 2027 financial education, it has been announced, will be compulsory in school in Years 1-10. I'd make it Years 1-13 but praise the Lord.
This is education you can use.
Geography, Latin, and physics are about career pathways and ideas you may, or may not, find interesting. As a result, you may, or may not, ever use them.
But finance is about life, about success and about navigating the world.
People who know what money, currency, interest, dividends, investment and returns are, do better in the world than those who don’t.
It raises the question as to what education is about. Is it about a pathway to university, to skills, or to understanding, or the power and value of learning, or the basics of life?
They used to do home economics, still do under different names. Is that a pathway to work with Alain Ducasse, or to make some scones on a rainy Sunday?
I figure if nothing else school should be useful. A lot of people don’t use a lot of what we got at school. Things like nomadic tribes of Africa in geography didn’t serve me all that well, but compound interest has.
Economics opened a door for me – a useful, beneficial and financially fruitful door.
The idea that all kids will get that going forward is no bad thing.
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House prices are set to rise as businesses report less confidence
With two further cuts expected to the OCR, ANZ is now expecting a 4.5% lift as opposed to 6%.
Business confidence has also taken a tumble, with just 49% expecting improvements in the year ahead – down 9 points.
ANZ Chief Economist Sharon Zollner told Mike Hosking the data was taken amid tariffs hitting the markets, impacting business confidence, investment, and employment.
She says there may be a hint of a knee-jerk reaction that may not last, but only time will tell.
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On the Mike Hosking Breakfast Full Show Podcast for Thursday 1st of May, the Aratere ferry is being retired – the only rail-enabled ferry in KiwiRail’s fleet.
Financial literacy will now be taught at schools in Years 1-10.
And Indy NXT driver Liam Sceats details just what young drivers have to go through to get the funding for a single season of driving at the top level.
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Another big win for New Zealand Rugby in the wake of the messy end to a major sponsorship agreement.
Vehicle manufacturer Toyota has reportedly signed a multi-million dollar agreement to put its name on the All Blacks training kit – partly replacing INEOS.
The agreement is also believed to include the provision of vehicles for players and management who don’t have existing contracts with previous vehicle partner, Ford.
Former NZ Rugby CEO David Moffett told Mike Hosking it’s good news.
He says it’s very similar to the Ford deal that they had back in 1995.
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Another Government curriculum refresh is aiming to give school kids more grasp of money management.
The Education Minister's making financial literacy a compulsory topic for Years 1 to 10.
The Government's teaming up with financial organisations, banks, and charities for lessons on investment and taxes.
Banqer CEO Simon Brown told Mike Hosking that on an international level, we don’t stack up too badly, but there’s a wide variety in the level of financial education given by schools.
He says that some schools do a great job delivering to all students, but in others financial education is completely lacking, and as a result, student preparedness is left up to chance.
Brown believes a lot of people appreciate the importance and value of financial education, so to see this plan come to fruition is an exciting step.
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The Ruapehu District could be in for an economic boom with new skifield ownership.
The Department of Conservation's approved a 10 year concession for Whakapapa Holdings to operate the Whakapapa side of Mount Ruapehu.
An agreement for the Turoa side was struck last year, following a lengthy bidding war, with numerous Government bailouts.
Mayor Weston Kirton told Mike Hosking it’s a critical milestone in securing the future of skiing in Mount Ruapehu.
He says it gives confidence to the wider tourism sector, and provides a huge amount of income to the community and region – to the tune of around $100 million.
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KiwiRail admits it may be helping out its competition by reducing its Interislander fleet to two.
Aratere will be retired when demolition begins on its decaying dock in Picton late this year or early next, to add infrastructure for new ships.
Two new ferries are due in 2029.
KiwiRail Chief Executive Peter Reidy told Mike Hosking some passengers may opt now to travel with Bluebridge.
He says capacity is spread between the companies when one faces an issue.
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Over 4000 medical procedures are on hold today while 5000 senior doctors strike for better working conditions.
This comes after eight months of failed negotiations with Health New Zealand.
The Association of Salaried Medical Specialists says it's not going to fill workforce gaps without major improvements to pay and conditions.
Health NZ Chief Clinical Officer Doctor Richard Sullivan told Mike Hosking waitlist times for procedures will now stretch out further.
He says the more than 4000 procedures which have been delayed will impact on getting people earlier access to care.
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In her seemingly never-ending ability to surprise, Tory Whanau fronts on the local Newstalk ZB morning show in her beleaguered capital yesterday and scores herself a 9/10.
If she had come from comedy I could have seen the joke she was making.
But she doesn’t come from comedy, which is not to say her reign hasn’t been comedic.
She is the Meghan Markle of local body politics - so self-absorbed and she doesn’t appear cognisant as to just how destructive and useless she is.
I wasn’t going to even comment on Whanau given it’s a local issue, she has announced she's off, and the sooner the Whanau era of terror ends the better.
But fly in the ointment: she is still standing for a seat and bringing potentially all her 9/10 madness with her.
Now the guard rails on this part of her future are of course in the hands of the public of the capital. You don’t have to have more of it. You can in fact vote for someone else.
As such she is free to take her record, put it in front of you and test it.
But it takes a special sort of narcissist to think of herself so highly, having just been bundled out of the big race because she knows she can't win.
If she is a 9/10, she should be bolting home. But that’s the problem with narcissists, isn't it? They continue to bluster even when they know the game is up.
She is also a wider problem by remaining as part of the wider picture. She puts people off.
Local body politics is crying out for decent, hardworking, competent contributors, but who in their right mind is interested in sitting round a table with buffoons?
A bunch of do-gooding lifers, who as often as not, are not actually able to get work in the normal world.
Not all of Wellington's many, many problems are on Tory. But she led the team that wrought the havoc and the stuff she inherited, she didn’t help.
Her advice to poor, old Nick Mills, who had to listen to this tripe, was every time you see a road cone, you see progress.
It's that sort of fairytale, fanciful nonsense most of us realise isn't remotely true.
Maybe that’s her ultimate problem. Maybe she lives in her head
In her head Wellington is a riviera and Tory is the queen of that riviera. The pipes didn’t burst, the city boomed, and Tory oversaw a renaissance.
Maybe that's how all narcissists delude themselves.
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