Episódios
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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.
New Zealand: 7/10
Between the investment conference, the India trip about to unfold, and the huge boost in visa interest from wealthy foreigners, that’s not a bad week's work for a small country trying to get its mojo back.
Tariffs: 2/10
The idiocy driving the ideology has been on full display. Random numbers, multiple threats, increased costs - all it has done this week is tank markets, decrease value, freak people out, provide uncertainty, and generally reinforce the idea that the U.S President is random as, if not dangerous.
Whanganui: 7/10
That council with the payment for meetings and dumping the food scraps is rolling. It's not often a council does two good things in a week.
Liam Lawson: 8/10
It's early days and the pressure is real, but F1 is as big as sport gets anywhere and he is at the pointy end of it.
Fonterra: 9/10
Yet another payment upgrade. Those guys can't stop giving away money. We like that too.
Malcolm Turnbull: 7/10
Sort of my hero of the week. If you give into bullies, you get more bullying. In politics, and life, it's sage advice.
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I suppose technically it is only halfway through, with today still to go, but the Investment Summit looked good to me on day one.
There seems no doubt that a lot of people with a lot of money turned up and some of them spoke of their desire to bid for projects.
The Prime Minister, who needs some runs, I think has some and he hasn’t even left for India.
His pitch that we are a shelter from the storm was smart. He looked like he had done this before. Perhaps we are seeing a little bit of what all the other delegates on the international sojourns see - that this is what he does well.
He networks, he presses flesh, he pumps ideas, and he has a plan.
Nothing specific as in “sign on the dotted line” or "write a cheque here and now” will come out of this.
But already you can see, given the thing is oversubscribed, that the Prime Minister is right - the world is awash with cash, and they are keen to invest.
$6 trillion is a stunning amount of money and if only a small chunk of it comes our way, and if only a tiny slice builds some roads or future proofs some infrastructure, this will have all been worth it.
Eventually the proof will be in the pudding. Someone needs a signing ceremony and maybe a spade or two to be stuck in some ground.
But I got the sense, as a frustrated punter, that it is these sorts of days and events that make us look like we might be on some sort of path back.
We looked a bit professional and interested and that we might just have some decent adults about the place looking to put our stake in the global game and bring the world, so long locked out of this place, back into the room.
If Luxon leaves this and can come back with something tangible post India, then it may well be we feel things are starting to roll.
As I have said many times, it is hard to overstate the economic carnage they were handed and it's still far from over.
The immigration numbers just yesterday reminded us of this. No, they are not leaving in the numbers they once did, but they are still leaving, and the arrivals are slowing as well.
Fewer people means less economic activity. But you fix all that with reputation - a reputation of a rock star, of a success story or of a go-getter.
Yesterday, and hopefully today, it looks like they are part of that bigger success story.
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A potential government shutdown in the US as the deadline to fund federal agencies looms.
Congress lawmakers have until the end of the day on Friday US time to fund its Government, or agencies will have to halt all non-essential functions.
But the Bill will require the support of some democrats.
US Correspondent Richard Arnold told Mike Hosking that's not guaranteed.
He says while Democrats have supported Republicans in the past to avoid a shutdown, this time may be different given it's come in the midst of the Elon Musk sackings of government workers.
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On the Mike Hosking Breakfast Full Show Podcast for Friday 14th of March, a major investor with over $1 trillion in assets talks our Investor Summit and its success so far.
Act leader David Seymour is pushing for the removal of a compulsory Maori course for international students, keeping them from taking a paper they would prefer to pick up.
Kate Hawkesby and Tim Wilson try to explain Minecraft Cubeez to Mike and debate whether any of them are good enough to get into the singing jingles business as they Wrap the Week.
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Kate Hawkesby and Tim Wilson joined Mike Hosking once again to Wrap the Week that was.
They discussed clothes shopping and quiet luxury, Mike’s problem with some supermarket collectables, and who has the best voice for advertising jingles.
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Manager David Higgins has speculated on the timing of Joseph Parker's chance to fight unified heavyweight champion Oleksandr Usyk.
The World Boxing Organisation has ordered Usyk to take a mandatory defence of his WBO title against Parker, which would also likely put his remaining alphabet soup of belts on the line.
The news came hours after reports of Usyk's camp negotiating for an undisputed bout with IBF champion Daniel Dubois, who allegedly pulled out of last month's fight with Parker due to illness.
Higgins told Mike Hosking that at the end of the day, who Usyk fights will be up to him.
But he says if he chooses to ignore the order by the WBO, he’ll be stripped of his title.
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Shihad front man John Toogood says he wants to spend more time with his children as he prepares for his final show.
The iconic Kiwi rock band will play its last ever performance at Wellington's Homegrown festival tomorrow.
Toogood told Mike Hosking now is the right time to end.
He says it's something they've been thinking about for a while, and he just wants to put his family first.
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A push for more infrastructure growth through foreign capital has piqued offshore interest.
The Government's Investment Summit is in its second day in Auckland.
More than 100 investors from around the world are attending to hear from ministers about potential projects and partnerships.
ABRDN Infrastructure Head Bill Haughey told Mike Hosking his firm has the capacity to invest globally, but New Zealand's been relatively quiet in recent years.
He says New Zealand's a place where the firm can do business if the pipeline is right and the Government's coming forward with the right kind of projects.
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The Act Party's putting the pressure on Auckland University to say goodbye to its compulsory ‘Waipapa Taumata Rau’ course.
The near $6 thousand paper covers the Treaty of Waitangi and traditional Māori tikanga for first year students.
Leader David Seymour told Mike Hosking students within his Epsom electorate are upset.
He says constituents have told him they aren't interested in the course and view it as a perversion of academic freedom.
The university says the course offers core knowledge and skills to help transition students into tertiary reduction, and set them up for success.
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A sociologist isn't worried about net migration inching closer to zero.
New Stats NZ data shows there was an annual net migration gain of around 32,000 in the year to January, down on December.
Migrant departures also rose 18% to almost 123,000 in that time, the highest on record for an annual period.
But Massey University's Paul Spoonley told Mike Hosking we don't know about the skills of those departing.
He says we also need to ask if we're also seeing unskilled and semi-skilled workers leaving and therefore exporting part of our unemployment rate.
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The Health Minister is looking to ensure procurement rules were followed in a big Health New Zealand contract.
The agency awarded a $2 million contract to MBI Healthcare Technologies in April 2023.
It was partly founded by ACC senior executive John Bennett, who left the company in 2020, but had been an advisor to Health New Zealand since 2022.
Simeon Brown told Mike Hosking he also wants to ensure procurement rules are being followed today.
He says this is taxpayers' money – they expect to be getting value for money from every dollar and every contract.
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Well, here we go and welcome to International Investment day.
I found it somewhat bewildering, if not sad, that Ginny Andersen on this show yesterday said foreign investment wasn’t the answer to our problems.
Because, actually, it is.
What we don't have as a country is size and scale.
If we want to participate in the world, we need the world involved in what we do.
We are not like America where you can, at least partially, pretend that you can produce everything you need locally and whatever it is you do produce is sold to a local market.
In fact, Ginny's lack of basic economic understanding may well give some insight into why we are having the event we are over the next two days.
Labour's view of the economy is so small and insular. It is why the borders were closed for so long, why tourism has not bounced back, why the world has moved on without us and why this new Government has had to travel so many miles to knock on so many doors, saying "don’t forget about us".
It could also be a clue, if you have noticed, as to why they are currently exercised in Parliament over the idea of the public health system using the private health system to churn through some elective procedures.
Forgetting of course that even they did the same thing and that it has in fact been common practice for ever, and if you have a bed and a team sitting there with capacity, do you really care whether the place you get the knee done is public or private?
Anyway, the Prime Minister will be relishing this next week, given he is pitching not just here but India as well and will be able to get back to doing what, by all reports, he does best - hustle and sell.
The polls might be problematic for a variety of reasons, but you can't possibly mark this lot down for not getting out into the world and re-engaging both trade and foreign policy-wise.
Between the Prime Minister, Winston Peters and Todd McClay, many circuits of the globe will have been completed. He is also right that the world is awash with cash looking for a place to land.
We once were that place to land. We were once that rock star economy. We once had our act together.
Today and tomorrow, hopefully, is about restoring our rightful place as progressive go getters.
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The 2025 Formula 1 season is underway, kicking off this weekend with the first Grand Prix in Melbourne.
The season is set to be intense, with Lewis Hamilton in the drivers seat for Ferrari, Liam Lawson making his fully fledged debut as Max Verstappen’s new wingman at Red Bull, and McLaren looking like the team to beat.
Luke Smith has chased the sport for over a decade, currently working as the Formula 1 writer for the Atlantic.
He told Mike Hosking this year looks so competitive, and it’s very hard to call who’s going to be quickest.
“We go into a lot of seasons kind of thinking like, there’s normally one team that should dominate,” Smith explained.
“But this year, it really feels like anybody’s game.”
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On the Mike Hosking Breakfast Full Show Podcast for Thursday 13th of March, it's international investment day, so the big players are out to play.
Sky Sport are hiking their prices... again.
Athletic F1 writer Luke Smith is as excited as Mike about this weekend, and can't wait to kick the F1 season off in Melbourne.
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Sky TV is hiking their prices.
A near-12% increase will come into effect for Sky Sport viewers this May.
The company says the rise in price will allow it to keep investing in local and global fixtures, and it comes as Sky fights to keep its New Zealand Rugby rights.
Octagon Asset Management Equities Analyst Paige Hennessy told Mike Hosking that while no one likes a price increase, investors see it as a reflection of reality.
For Sky to make a profit, they have to reflect any cost increases in their prices – especially if NZ Rugby is unwilling to see rights deflation come through in their space.
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There’s a view that if businesses aren't on social media, they aren't being seen.
Tataki Auckland Unlimited has spent $103,000 on influencer created-content in recent years, while ChristchurchNZ's dispensed $27,000.
Neither DunedinNZ nor WellingtonNZ have jumped on the bandwagon, but won't rule out doing so if the right opportunity arose.
Tourism Industry Aotearoa Chief Executive Rebecca Ingram told Mike Hosking use of influencers is important.
She says it's important for the sector to operate in this space as it relies on people seeing and feeling what there is to offer, which social media provides.
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The Revenue Minister's confident changes to the Foreign Investment Fund will greatly benefit tech and startup companies.
The Government's working on changes which would see new migrants taxed on a realisation basis for interests not easily disposable and acquired before coming to New Zealand.
It applies to migrants who became tax residents here on or after April last year.
Simon Watts told Mike Hosking this has been on the radar since he assumed the portfolio.
He says the system hits migrants —particularly returning Kiwis and those who are wealthy unfairly— and they've been getting good feedback on the changes.
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It's thought Police efforts to get back to their roots is connecting with New Zealanders.
Data from the latest Crime and Victims Survey suggests public confidence and trust has risen to 69%.
Acting Deputy Commissioner Mike Pannett told Mike Hosking there's been a concerted effort to get back to basics and ensure things are done well.
He says measures like the Community Beat programme is proof of efforts to increase officer visibility and public reassurance.
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A lot's riding on the Government as it opens the country up to more offshore investment.
Representatives of more than 100 foreign entities are in Auckland to eye up potential opportunities at the Infrastructure Investment Summit.
The Government's hoping for more project funding and public-private partnerships.
Chief Executive with infrastructure investor Morrison, Paul Newfield told Mike Hosking New Zealand needs to be painted as a great place to invest.
He says the Government needs to present a multi-decade pipeline, a vision for what infrastructure could be, and a commitment to maintain work over successive governments.
Meanwhile, Australian investor Plenary's already confirmed to BusinessDesk it intends to bid on the first stage of the multibillion-dollar Northland Expressway.
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Housing affordability is improving, but it's not the same story for renters.
New CoreLogic data for the fourth quarter of last year shows falling property values, rising incomes and lower mortgage rates have seen affordability at its best level since pre-Covid.
It says the median home value is around seven times the median annual household income, well down from the market peak in 2021.
But renters are still facing some strife, with the rent-to-income ratio at a record 28%.
Chief property economist Kelvin Davidson told Mike Hosking this is due to previous increases in rents.
He says rents tend to flatten off more than fall, and that's what seems to have happened over the past year and a half.
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