Episódios
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I sort of hinted at this the other day when the monitor for the Wellington City Council put out his second report.
My question was, given there was leaking and dysfunction and the punter was at their wits end, what now for Wellington?
Do we just get more reports?
Well, lo and behold, another Wellington operation has their own monitor in the form of the Commerce Commission who have been brought in to oversee the mess at Wellington Water.
The Minister has not seen any improvement, there's been no real change and unless stuff happens, there are rate rises galore for no real gain.
So once again we can ask, what do the Commerce Commission do? Do they write reports too?
If those reports tell us the place is still a shambles, how many reports does it take for someone, somewhere, to actually fire up a bit of action?
I can also add, and this is an overarching observation, just how dysfunctional does Wellington need to get before it literally implodes on itself?
The electorate changes last week were all in Wellington. Why? Because people have left and, to be frank, who can blame them?
Then we come to Tamatha Paul, who made what most observers seemed to suggest was one of the most extraordinary comments about police anyone had ever heard.
Her good friends in Labour called them stupid. The Prime Minister called her insane.
Yet she holds an electorate. The good people of Wellington central, and by no small margin I might add, looked at her credentials and decided they liked her enough to vote for her.
So Wellington, what's the story?
What level of madness and dysfunction are you willing to tolerate before change comes? Is change ever coming? Do you actually want change?
Do you mind paying a lot more than you need to for stuff that doesn’t work? Is a crummy council, a lot of broken pipes and a mad MP OK, as long as your cycleways are fun to ride on?
Oh, did I mention the trains?
You can't beat Wellington on a good day.
When, Wellington, was your last good day and why are you putting up with it?
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The Commerce Commission and Auckland Airport's latest interactions are being seen as a sign regulation is working.
Auckland Airport isn't lifting its airline charges for the next two years as much as intended, after the commission's report showed their targeted returns were too high.
The report also found the airport's multi-billion dollar infrastructure investment plan is appropriate.
CEO Carrie Hurihanganui told Mike Hosking they said last year that if the commission continued to see a difference between the returns they targeted and what they received, they would change it, and they did.
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Joseph Parker’s next fight is still up in the air.
The Kiwi boxer was set to challenge Daniel Dubois for the IBF Heavyweight belt, before pulling out last-minute on medical advice.
Since then, Parker has called out Oleksandr Usyk, but Dubois may be first in line for that fight.
Parker told Mike Hosking that there’s a lot of different ways the timeline could play out.
He says he has no idea what’s happening next, and for now, is just focused on training, spending time with family, and finding a good balance in life.
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On the Mike Hosking Breakfast Full Show Podcast for Tuesday 1st of April, Winston Peters has revealed the new ferry deal. The majority seem reasonably happy – now its time to hit the targets for cost and timing.
People will be able to call up a hotline to complain about excessive road cones. Presumably nothing can go wrong with that...
And Kiwi boxer Joseph Parker is in studio to tell us his future plans and how he ideally sees his career panning out over the next two years.
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There's a view that the ferry deal timeline is optimistic.
Rail Minister Winston Peters has announced two road and rail-enabled ferries and upgrades to port infrastructure will be rolled out late in 2029.
Former Chair of the Ferry Ministerial Advisory Group Mark Thompson told Mike Hosking that will be a challenge with current conditions.
He says there's an influx of orders for ship builder, which could jeopardise the timeline.
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The coalition is showing unity on the Cook Strait ferry deal.
Rail Minister Winston Peters has announced two road and rail-enabled ferry and port infrastructure to be delivered by 2029.
Finance Minister Nicola Willis had a plan, but it wasn't confirmed whether those were rail-enabled or not.
Peters told Mike Hosking the fact that a new plan is on the table, isn't being critical of her.
He said that when they brought a new option to the table, Willis had enough wisdom to say they should see if it’s possible.
Peters is standing firm in his criticism of Green MP Benjamin Doyle's historical Instagram posts.
The Greens says they're screening an immense volume of abuse, including death threats towards Doyle, over Doyle's old social media posts with sexually suggestive captions.
The party is accusing Peters of "fanning the flames of hatred".
Peters told Mike Hosking that's not true.
He says thousands and thousands of people from the rainbow community are supporting what he's saying.
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The Reserve Bank appears to have caved to pressure with its decision to review its capital requirements.
The central bank introduced stricter rules in 2019, requiring banks to hold capital to buffer them against a 1-in-200-year financial crisis.
The rules have been criticised for driving up lending costs.
Former Reserve Bank economist Michael Reddell told Mike Hosking there's been a clear appetite for change.
He says the Reserve Bank has "read the tea leaves", including criticism it's faced from banks, businesses, and Finance Minister Nicola Willis herself.
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Bad news for France's National Rally party as leader Marine Le Pen's been barred from running for office for five years.
She's been found guilty of embezzling European Union Funds to finance the party.
Le Pen will be ineligible to run in the 2027 presidential election.
Paris Correspondent Catherine Field told Mike Hosking there's no one else in the party with the energy to run a successful campaign.
She says voters are voting for her, as all the far-right parties have a clan at the centre of them.
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A pledge to "bring back common-sense" to New Zealand's approach to workplace health and safety.
The Government confirms small businesses will only need to manage risks relating to death or serious injury to reduce compliance costs.
It's also planning a telephone hotline to report excess road cone use.
Minister-in-Charge, Brooke van Velden told Mike Hosking most companies are happy with the core of the Workplace Safety Act, but don't know how to comply.
She says the Government will clarify it so businesses can focus on its critical risks, rather than posters warning of a hot water tap or staircase.
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The Australian election has been called for 3 May and the polls have swung in favour of Labor.
Cost of living is going to the booths with voters and Anthony Albanese's Government is promising tax cuts.
Peter Dutton needs to win 22 seats to get a majority government.
Australian Correspondent Steve Price talks to Mike Hosking about the election and why barbecues are banned in Victoria,
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On the Mike Hosking Breakfast Full Show Podcast for Monday the 31st of March, we talk the dud that was the supermarket announcement and how the current big players are reacting.
The Prime Minister has switched his regular slot to a Monday and talks supermarkets, ferries and the servicing of our Air Force planes.
Andrew Saville and Jason talk Moana Pasifika pantsing the Crusaders, the Warriors winning three on the trot and Auckland FC all but securing the premiership.
Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts.
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The Government says all options are on the table as Nicola Willis issues a six-week consultation to ensure 'all options are exhausted.'
The announcement has been met with disappointment by Prime Minister Christopher Luxon says the six-week period is reasonable.
"Maybe other governments in the past haven't actually thought about things or been prepared to go as as deep as what we're proposing, but I think it's a good thing," he said.
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ASB has seen some stabilisation in interest rates, the primary sector and rising consumer spending.
It comes as it was announced Q4 was higher than expected at 0.7%.
Q1 ends today, what will the results be?
ASB chief economist Nick Tuffley talks to Mike Hosking.
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The Government has said all options are on the table as Finance Minister Nicola Willis issues a six-week request for information.
Willis threatened to break up the current supermarket players, floating the idea of restructuring the two existing supermarket chains.
Foodstuffs North Island Chief Executive Chris Quinn talks to Mike Hosking about the announcement.
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The New Zealand Breakers officially have new owners.
The basketball team have a a majority owner in 47-year-old American Marc Mitchell.
Mitchell's investment group includes Leon and Stephen Grice, and Paul and Liz Blackwell.
New owner Marc Mitchell talks to Mike Hosking.
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Half of the Government's $400m savings target has come out of Heath NZ in the form of contractors and consultant spending.
The Association of Salaried Medical Specialists Executive director Sarah Dalton says isn't happy about the cuts.
"This seems flagrant in terms of taking the short-term option, not looking a little bit further down the road," she said.
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Talk about teasing me on a Sunday morning.At 10am we are told Nicola Willis is giving us the good word on supermarkets.
She doesn’t like the industry - she's been telling us this for a year and a half.
She is going to do something about the industry - she's been telling us this for a year and a half.
So, Sunday was the day. Except it wasn’t.
It was yet another diatribe about what needs to be done, what could be done and what might be done.
There were more threats, more possibilities, more questions and more investigations.
It was also a speech of hopeless contradictions. On one hand she was telling us how hard it was to enter the market at scale and how big that risk was.
Then she was telling us this was a $20+ billion sector, more than tourism and dairy combined, and yet she clearly hasn’t stopped to ask herself if that big.
Do you not think anyone who could, might have had a bit of a look at the prospect of entering it?
She talked of a player being able to grab 10%. That’s over $2 billion dollars worth of business. You don’t reckon someone, somewhere hasn’t looked at the prospect of $2 billion dollars worth and thought "I wonder if that isn't a bit of me"?
To find out why we don’t have more competition, she announced she was launching yet another investigation. Then after six weeks she may, or may not, get Cabinet to do something legislatively. If that happens she wants to do it by the end of the year and get it passed by the end of the term i.e the end of next year.
So an entire term in Government having literally not produced one more shop.
As I've said all along, it may be we are too small for another major player. Maybe the niche players, along with the two giants, are what are market tolerates.
But as for Nicola and her finger-wagging, if threats were results then we'd be getting somewhere.
If speeches were shelves of well-priced food, the issue would be dealt to.
But for a Government with an image of more talk than action, she didn’t do anything to help that reputation.
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US President Donald Trump has coined Wednesday as 'Liberation Day', when he will roll out tariffs promised to free the country from foreign goods.
The President says he will impose 25% tariffs on cars and car parts made outside of the United States.
Tesla's are one of the only cars made entirely in the US.
US Correspondent Richard Arnold joins the show to discuss Liberation Day, and the death of Richard Chamberlain.
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US consumer confidence is feeling the economic and tariff uncertainty, as Lululemon shares fell 15%, and inflation expectations are picking up.
It comes as Kiwi consumer confidence is still challenged according to a latest read.
Greg Smith of Devon Funds Management talks to Mike Hosking.
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Village Roadshow, no small player in the movie industry, this week filed for Chapter 11.
They have been having some legal issues with another major studio. But they sighted along with that their other overriding problem, the actors' strike.
You remember that? It was more than actors, of course, it was the whole industry. Hollywood came to a stop for months as they argued over pay and conditions.
Some of the pay and conditions were based around what was seen at the time as this frightening new development called AI that was potentially going to slash their work and income. They wanted protections.
It was eventually settled but, and here is the really big question, at what cost?
Hollywood has never come back and the movie industry has never been the same.
Irony of ironies a lot of people lost their jobs. Not because of AI, but because they never recovered from the shuttering as a result of the strike.
So given fewer movies were made, less income was generated, and the vicious cycle began. That was until someone like Village Roadshow could no longer go on, so they folded for Chapter 11.
Chapter 11, if you don’t know is not the end. It can be the end, but initially it's about some protection to get some affairs in order and potentially get a rescuer.
The lesson here is unionism. This is what this is. Hollywood, the film, and television industry is heavily unionised. It's one of those ideas that, once upon a time might have made a modicum of sense, but as the world and the workplace has changed and got increasingly sophisticated now presents as an old idea that does more harm than good.
So they go on strike, the multi millionaire actors back them , food parcels are handed out, they pound the picket line, and they eventually cut a deal.
Is that good? Not if you then go and lose your job, not if the studio then goes and files for Chapter 11. What's the point of that?
What would you rather have? More money for fewer people? Or more people? Because that’s what unionism does.
So, was the strike a win or a path to joblessness and business ruin? What do you reckon Village Roadshow would say?
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