The Mike Hosking Breakfast

#1

Mike's Minute: Some good energy news for winter, for once

Christmas came early for Tiwai Aluminium Smelter. They get to do business. In fact, they get to do business in a country where you would have thought doing business is to be encouraged. They have been prevented from doing all the business they can because they have a deal with their power company, Meridian, whereby they have to contain themselves if things are a bit tight in the old power department. It is indeed a weird, old world where we revel in ideas like AI and crypto and data centres, and yet we don’t have the slightest idea where the power to make it all work is coming from. Big tech is under pressure globally. It is claimed they have data centres running and using things like water in areas of the planet where water is scarce. New Zealand wants to be a data centre hub, and yet we can't allow an aluminium plant to run to its capacity because it didn’t rain enough. The good news is it has rained a bit lately so the southern lakes look solid, which means, they think, we might not be as pinched as we have been in other winters. The idea that you aspire to run a power grid that is reliant on things you have no control over is a very modern version of insanity. We need it to rain, we need it to blow, and we need the sun to shine. We have no control over any of these things so we convince ourselves we aren't idiots by thinking we will build options. So if the sun isn't out, the wind will be. Or if it doesn’t blow, at least it will rain. But when it doesn’t do any of those things, which it hasn’t, we need Tiwai and your average punter to take it easy on the cold mornings. And that's with, right here, right now, hardly any AI, crypto not really being a thing here, and data centres at a minimum. Imagine how stuck we would be if we had actually got any of these things up and running? Gas would help. But Labour stopped all that and our re-opening of the market is only just beginning. We really do look very 1987. In the meantime, the coal comes in from Indonesia, def...

2025-06-03•2mins

Mike's Minute: Some good energy news for winter, for once

Christmas came early for Tiwai Aluminium Smelter. They get to do business. In fact, they get to do business in a country where you would have thought doing business is to be encouraged. They have been prevented from doing all the business they can because they have a deal with their power company, Meridian, whereby they have to contain themselves if things are a bit tight in the old power department. It is indeed a weird, old world where we revel in ideas like AI and crypto and data centres, and yet we don’t have the slightest idea where the power to make it all work is coming from. Big tech is under pressure globally. It is claimed they have data centres running and using things like water in areas of the planet where water is scarce. New Zealand wants to be a data centre hub, and yet we can't allow an aluminium plant to run to its capacity because it didn’t rain enough. The good news is it has rained a bit lately so the southern lakes look solid, which means, they think, we might not be as pinched as we have been in other winters. The idea that you aspire to run a power grid that is reliant on things you have no control over is a very modern version of insanity. We need it to rain, we need it to blow, and we need the sun to shine. We have no control over any of these things so we convince ourselves we aren't idiots by thinking we will build options. So if the sun isn't out, the wind will be. Or if it doesn’t blow, at least it will rain. But when it doesn’t do any of those things, which it hasn’t, we need Tiwai and your average punter to take it easy on the cold mornings. And that's with, right here, right now, hardly any AI, crypto not really being a thing here, and data centres at a minimum. Imagine how stuck we would be if we had actually got any of these things up and running? Gas would help. But Labour stopped all that and our re-opening of the market is only just beginning. We really do look very 1987. In the meantime, the coal comes in from Indonesia, def...

2025-06-03•2mins

#1

#2

Pollies: Labour's Ginny Andersen and National's Mark Mitchell talk political polls, fireworks, Sport NZ review, Jacinda Arden's book

Politicians aren’t worrying too much about the latest poll results. There were starkly different results in the latest RNZ-Reid Research poll and 1News-Verian poll – with the first showing the left bloc in the lead and the second showing the right bloc well ahead. Labour’s Ginny Andersen told Mike Hosking the polls bounce around, so they don’t take them to heart that much. She says in general, Labour is gradually trending upwards but they know they have more work to do, which is what they’ve been taking from the polls. National’s Mark Mitchell told Hosking he doesn’t take much notice of them, as what matters is what happens next year heading into the election. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-06-03•10mins

Pollies: Labour's Ginny Andersen and National's Mark Mitchell talk political polls, fireworks, Sport NZ review, Jacinda Arden's book

Politicians aren’t worrying too much about the latest poll results. There were starkly different results in the latest RNZ-Reid Research poll and 1News-Verian poll – with the first showing the left bloc in the lead and the second showing the right bloc well ahead. Labour’s Ginny Andersen told Mike Hosking the polls bounce around, so they don’t take them to heart that much. She says in general, Labour is gradually trending upwards but they know they have more work to do, which is what they’ve been taking from the polls. National’s Mark Mitchell told Hosking he doesn’t take much notice of them, as what matters is what happens next year heading into the election. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-06-03•10mins

#2

#3

Michael Webster: Privacy Commissioner on Foodstuffs North Island's facial recognition trial

Foodstuffs North Island's facial recognition trial might have the tick of approval overall, but there's still work to do. The Privacy Commission's ruled the trial was compliant with the Privacy Act and was successful in reducing harmful behaviour. But Commissioner Michael Webster told Mike Hosking they're recommending Foodstuffs keep systems updated and review impacts of skin tone on identification accuracy. Webster says there are still concerns over technical bias issues due to the software coming from overseas. It's also made recommendations for other interested businesses. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-06-03•4mins

Michael Webster: Privacy Commissioner on Foodstuffs North Island's facial recognition trial

Foodstuffs North Island's facial recognition trial might have the tick of approval overall, but there's still work to do. The Privacy Commission's ruled the trial was compliant with the Privacy Act and was successful in reducing harmful behaviour. But Commissioner Michael Webster told Mike Hosking they're recommending Foodstuffs keep systems updated and review impacts of skin tone on identification accuracy. Webster says there are still concerns over technical bias issues due to the software coming from overseas. It's also made recommendations for other interested businesses. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-06-03•4mins

#3

#4

Kali Mercier: Helen Clark Foundation Deputy Director on the report into New Zealand's infrastructure management

Renewing existing infrastructure rather than investing in new shiny projects is the best way to go, according to a new report co-produced by the Helen Clark Foundation and WSP New Zealand. The foundation claims 99% of the infrastructure New Zealand needs, has already been built. Foundation Deputy Director Kali Mercier says renewals and repairs are much cheaper. She told Mike Hosking one of their recommendations is keeping scorecards so the management and condition of major infrastructure can be tracked. Mercier says that currently, just one of six central government agencies keeps a full asset register, and just two have comprehensive asset management plans in place. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-06-03•2mins

Kali Mercier: Helen Clark Foundation Deputy Director on the report into New Zealand's infrastructure management

Renewing existing infrastructure rather than investing in new shiny projects is the best way to go, according to a new report co-produced by the Helen Clark Foundation and WSP New Zealand. The foundation claims 99% of the infrastructure New Zealand needs, has already been built. Foundation Deputy Director Kali Mercier says renewals and repairs are much cheaper. She told Mike Hosking one of their recommendations is keeping scorecards so the management and condition of major infrastructure can be tracked. Mercier says that currently, just one of six central government agencies keeps a full asset register, and just two have comprehensive asset management plans in place. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-06-03•2mins

#4

#5

Rob Nichol: NZ Rugby Players Association CEO on the new R360 rugby competition

New Zealand Rugby Players Association boss Rob Nichol admits their members have been approached to join a new global breakaway club competition. R360 —backed by former England international Mike Tindall— is set to launch in 2026. The league plans to mirror the likes of sevens and F1, moving from port to port with events at major cities and stadia around the globe. Nichol told Mike Hosking they've been across the proposal since last year. He says that from a player perspective, it’s about waiting and seeing as competitions like this have to get through some pretty strong headwinds to succeed. Nichol says one of R360's proposed calendar blocks from April to June is likely to face strong opposition from the sport's global governors. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-06-03•3mins

Rob Nichol: NZ Rugby Players Association CEO on the new R360 rugby competition

New Zealand Rugby Players Association boss Rob Nichol admits their members have been approached to join a new global breakaway club competition. R360 —backed by former England international Mike Tindall— is set to launch in 2026. The league plans to mirror the likes of sevens and F1, moving from port to port with events at major cities and stadia around the globe. Nichol told Mike Hosking they've been across the proposal since last year. He says that from a player perspective, it’s about waiting and seeing as competitions like this have to get through some pretty strong headwinds to succeed. Nichol says one of R360's proposed calendar blocks from April to June is likely to face strong opposition from the sport's global governors. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-06-03•3mins

#5

#6

John Harbord: Major Electricity Users' Group Chair on the need for firmer electricity sources

Concerns bad investment choices in electricity generation will keep our supply unreliable. Tiwai Point aluminium smelter is ramping up production reversing previous restrictions, to ease winter supply concerns. Meridian Energy says the hydro storage is looking much healthier this winter. Major Electricity Users' Group Chair John Harbord told Mike Hosking restrictions will likely be back in force next winter, without investment in firmer electricity supply like geothermal and hydro plants. He says solar panels only generate electricity 25% of the time and wind turbines only create energy 40% of the time. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-06-03•2mins

John Harbord: Major Electricity Users' Group Chair on the need for firmer electricity sources

Concerns bad investment choices in electricity generation will keep our supply unreliable. Tiwai Point aluminium smelter is ramping up production reversing previous restrictions, to ease winter supply concerns. Meridian Energy says the hydro storage is looking much healthier this winter. Major Electricity Users' Group Chair John Harbord told Mike Hosking restrictions will likely be back in force next winter, without investment in firmer electricity supply like geothermal and hydro plants. He says solar panels only generate electricity 25% of the time and wind turbines only create energy 40% of the time. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-06-03•2mins

#6

#7

Keith McLaughlin: Centrix Managing Director on fewer people being behind on debt payments

Fewer people are behind on debt payments. Centrix's May Indicator Report shows consumer arrears fell in April – it was the fourth month in a row where overall arrears were lower than 2024. However, the number of consumers who are more than 90 days past due has risen to its highest since July last year. Managing Director Keith McLaughlin told Mike Hosking they’re starting to see household budgets become balanced. He says to an extent, it could be due to the dropping interest rates starting to flow through into budgets. However, it could be a while before we see an easing in the high rate of company liquidations. Company liquidations are up 30% year-on-year, with 175 recorded in April. McLaughlin says they should stabilise in the next couple of months, before trending downward. He says there's an increase in consumer confidence, meaning people are going out and spending more, which will create stimulation for businesses. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-06-03•3mins

Keith McLaughlin: Centrix Managing Director on fewer people being behind on debt payments

Fewer people are behind on debt payments. Centrix's May Indicator Report shows consumer arrears fell in April – it was the fourth month in a row where overall arrears were lower than 2024. However, the number of consumers who are more than 90 days past due has risen to its highest since July last year. Managing Director Keith McLaughlin told Mike Hosking they’re starting to see household budgets become balanced. He says to an extent, it could be due to the dropping interest rates starting to flow through into budgets. However, it could be a while before we see an easing in the high rate of company liquidations. Company liquidations are up 30% year-on-year, with 175 recorded in April. McLaughlin says they should stabilise in the next couple of months, before trending downward. He says there's an increase in consumer confidence, meaning people are going out and spending more, which will create stimulation for businesses. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-06-03•3mins

#7

#8

Louise Upston: Tourism Minister on the rise in international visitor spending

Tourists are being told New Zealand is open for business. A Government survey's found international visitor spending increased by 10% and contributed more than $12 billion to the economy in the year ending March. But this is only 86% of pre-Covid visitor numbers and spending. Tourism Minister Louise Upston told Mike Hosking it shows there's work to be done, especially targeting key markets like China. She says we want our visitors to return and come back in the numbers they were. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-06-03•3mins

Louise Upston: Tourism Minister on the rise in international visitor spending

Tourists are being told New Zealand is open for business. A Government survey's found international visitor spending increased by 10% and contributed more than $12 billion to the economy in the year ending March. But this is only 86% of pre-Covid visitor numbers and spending. Tourism Minister Louise Upston told Mike Hosking it shows there's work to be done, especially targeting key markets like China. She says we want our visitors to return and come back in the numbers they were. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-06-03•3mins

#8

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#9

Rod Liddle: UK Correspondent on the UK upping its defence spend

The UK is set to spend more on defence. Prime Minister Keir Starmer's unveiled plans to lift the defence spend, signalling it could reach 3% of GDP at the next Parliament. He vowed to make Britain "a battle-ready, armour-clad nation”, and Defence Secretary John Healey says they’re in a “new era of threat”, which demands a higher spend. UK Correspondent Rod Liddle told Mike Hosking that although many understand the need for increased defence, it’s not understood where the money is going to come from. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-06-02•5mins

Rod Liddle: UK Correspondent on the UK upping its defence spend

The UK is set to spend more on defence. Prime Minister Keir Starmer's unveiled plans to lift the defence spend, signalling it could reach 3% of GDP at the next Parliament. He vowed to make Britain "a battle-ready, armour-clad nation”, and Defence Secretary John Healey says they’re in a “new era of threat”, which demands a higher spend. UK Correspondent Rod Liddle told Mike Hosking that although many understand the need for increased defence, it’s not understood where the money is going to come from. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-06-02•5mins

#9

#10

Mike's Minute: The Govt can't rule on 'Run it Straight'

If the headline is right, and I hope it isn't, the Government are seeking advice on what to do about Run it Straight. If the Government is seeking this advice, they have been sucked in. Unless of course they are saying they are seeking advice so everyone shuts up for a bit, because the whole thing has got hopelessly out of control. We need to break the ongoing grip too many New Zealanders have with Government, or the ongoing spell that too many are under, that Governments run our lives and it is only Government that can do stuff. Ardie Savea, God bless him, got it spot on last week. He spoke for all of us in trying to balance a sensible observation about an activity, while balancing the reason for the angst for the tragedy that led to the heightened upset around it. What happened was a tragedy. But accepting that, we seem unable to separate out tragedy from Government, or accident from rules, or mishap from common sense. We fail to recognise the most obvious lack of connection – Run it Straight the competition, the organised sport, was not involved in a death. The death happened at a 21st party. As the Prime Minister pointed out, no law is stopping a 21st. We want desperately to stop stupidity. We would like to find a way to prevent young men, mainly, doing dumb stuff young men do. But as Ardie quite rightly put it, the athletic side of the activity is part of contact sport. We have all in our own way, whether it be bullrush, or league, or union, or MMA, all done something like it. Savea and his brother did what many, many, many, young men do in backyards: try to run each other over. Why is his brother called 'Bus', do you reckon? The heat I took on this last week when I said similar things was interesting. There seem a group who feel if they spray, or get aggro with a person like me, that makes them feel better. Maybe psychologically they can absolve themselves for feeling helpless. Tragedy generally leaves us helpless. But looking to a government is pointless a...

2025-06-02•2mins

Mike's Minute: The Govt can't rule on 'Run it Straight'

If the headline is right, and I hope it isn't, the Government are seeking advice on what to do about Run it Straight. If the Government is seeking this advice, they have been sucked in. Unless of course they are saying they are seeking advice so everyone shuts up for a bit, because the whole thing has got hopelessly out of control. We need to break the ongoing grip too many New Zealanders have with Government, or the ongoing spell that too many are under, that Governments run our lives and it is only Government that can do stuff. Ardie Savea, God bless him, got it spot on last week. He spoke for all of us in trying to balance a sensible observation about an activity, while balancing the reason for the angst for the tragedy that led to the heightened upset around it. What happened was a tragedy. But accepting that, we seem unable to separate out tragedy from Government, or accident from rules, or mishap from common sense. We fail to recognise the most obvious lack of connection – Run it Straight the competition, the organised sport, was not involved in a death. The death happened at a 21st party. As the Prime Minister pointed out, no law is stopping a 21st. We want desperately to stop stupidity. We would like to find a way to prevent young men, mainly, doing dumb stuff young men do. But as Ardie quite rightly put it, the athletic side of the activity is part of contact sport. We have all in our own way, whether it be bullrush, or league, or union, or MMA, all done something like it. Savea and his brother did what many, many, many, young men do in backyards: try to run each other over. Why is his brother called 'Bus', do you reckon? The heat I took on this last week when I said similar things was interesting. There seem a group who feel if they spray, or get aggro with a person like me, that makes them feel better. Maybe psychologically they can absolve themselves for feeling helpless. Tragedy generally leaves us helpless. But looking to a government is pointless a...

2025-06-02•2mins

#10

#11

Commentary Box with Andrew Saville and Jason Pine: Warriors, Super Rugby Pacific, Formula 1, IndyCar

Andrew Saville and Jason Pine joined Mike Hosking to reflect on the sport that took place over the long King’s Birthday weekend. They covered the Warriors’ latest victory, how Super Rugby Pacific is shaping up ahead of the playoffs, and the latest in Formula 1 and IndyCar among others. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-06-02•11mins

Commentary Box with Andrew Saville and Jason Pine: Warriors, Super Rugby Pacific, Formula 1, IndyCar

Andrew Saville and Jason Pine joined Mike Hosking to reflect on the sport that took place over the long King’s Birthday weekend. They covered the Warriors’ latest victory, how Super Rugby Pacific is shaping up ahead of the playoffs, and the latest in Formula 1 and IndyCar among others. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-06-02•11mins

#11

#12

Adina Thorn: Litigation Lawyer on the increase in Kāinga Ora tenancy terminations, formal warnings

There's hope there can be a turnaround in unruly Kāinga Ora tenants. A Government crackdown has resulted in 63 tenancy terminations in the past 10 months - up from 11 in the year before. Formal warnings have gone up 600%. Litigation Lawyer Adina Thorn told Mike Hosking the figures are encouraging. She says it looks like under this government, there’s been a big step up and a moderate to good response to the behaviour that has been going on in some KO homes across New Zealand. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-06-02•4mins

Adina Thorn: Litigation Lawyer on the increase in Kāinga Ora tenancy terminations, formal warnings

There's hope there can be a turnaround in unruly Kāinga Ora tenants. A Government crackdown has resulted in 63 tenancy terminations in the past 10 months - up from 11 in the year before. Formal warnings have gone up 600%. Litigation Lawyer Adina Thorn told Mike Hosking the figures are encouraging. She says it looks like under this government, there’s been a big step up and a moderate to good response to the behaviour that has been going on in some KO homes across New Zealand. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-06-02•4mins

#12

#13

Geoffrey Miller: Geopolitical Analyst on the continuing peace talks between Russia, Ukraine, drone attack on Russia

Little has come from another round of peace talks between Russia and Ukraine. The two countries have agreed to exchange prisoners of war, including the sick and wounded, and those under 25. Ukraine has also launched large scale drone attacks on Russian air bases, damaging a third of its cruise missile carriers. Geopolitical analyst Geoffrey Miller told Mike Hosking this likely won't go down well with US President Donald Trump. He says he may see it as trying to scupper peace talks, as Trump's very much been championing the idea of talking and working out a diplomatic solution. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-06-02•3mins

Geoffrey Miller: Geopolitical Analyst on the continuing peace talks between Russia, Ukraine, drone attack on Russia

Little has come from another round of peace talks between Russia and Ukraine. The two countries have agreed to exchange prisoners of war, including the sick and wounded, and those under 25. Ukraine has also launched large scale drone attacks on Russian air bases, damaging a third of its cruise missile carriers. Geopolitical analyst Geoffrey Miller told Mike Hosking this likely won't go down well with US President Donald Trump. He says he may see it as trying to scupper peace talks, as Trump's very much been championing the idea of talking and working out a diplomatic solution. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-06-02•3mins

#13

#14

Christopher Luxon: Prime Minister on the increase number of Kāinga Ora warnings, evictions

Christopher Luxon says the Government's making its expectations clear when it comes to behaviour in social housing. Kāinga Ora is formally warning seven times as many tenants as it was last financial year. It's evicted 63 tenants in 10 months for disruptive behaviour. The Prime Minister told Mike Hosking the enforcement action is sending a clear message about what is and isn't acceptable. He says it's a privilege to be in a state house funded by the taxpayer, and unruly behaviour isn't okay. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-06-02•9mins

Christopher Luxon: Prime Minister on the increase number of Kāinga Ora warnings, evictions

Christopher Luxon says the Government's making its expectations clear when it comes to behaviour in social housing. Kāinga Ora is formally warning seven times as many tenants as it was last financial year. It's evicted 63 tenants in 10 months for disruptive behaviour. The Prime Minister told Mike Hosking the enforcement action is sending a clear message about what is and isn't acceptable. He says it's a privilege to be in a state house funded by the taxpayer, and unruly behaviour isn't okay. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-06-02•9mins

#14

#15

Mark Rocket: Aerospace entrepreneur on being the first Kiwi to make it to space

The first Kiwi has made it to space. Christchurch entrepreneur Mark Rocket has made history as the first New Zealander in space abroad a Blue Origin mission in West Texas. With a New Zealand flag in hand, Rocket and five others reached 105km, experiencing zero gravity during the 11-minute sub-orbital flight run by Amazon founder Jeff Bezos' space tourism company. Mark Rocket told Mike Hosking it was an incredible and emotional experience that he would certainly repeat. He says some highlights were doing flips mid-air and seeing the true darkness of space. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-06-02•3mins

Mark Rocket: Aerospace entrepreneur on being the first Kiwi to make it to space

The first Kiwi has made it to space. Christchurch entrepreneur Mark Rocket has made history as the first New Zealander in space abroad a Blue Origin mission in West Texas. With a New Zealand flag in hand, Rocket and five others reached 105km, experiencing zero gravity during the 11-minute sub-orbital flight run by Amazon founder Jeff Bezos' space tourism company. Mark Rocket told Mike Hosking it was an incredible and emotional experience that he would certainly repeat. He says some highlights were doing flips mid-air and seeing the true darkness of space. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-06-02•3mins

#15

#16

Brooke van Velden: Minister of Workplace Relations on the changes to WorkSafe, road cone tipline

The Workplace Relations Minister hopes WorkSafe's incoming culture shift will show they're there to help, not hurt. The Government's instructed the regulator to move away from enforcement and engage early to support risk management. It starts with today's opening of the road cone hotline. Minister Brooke van Velden told Mike Hosking businesses shouldn't have to sweat the small stuff. She says there's a culture of over-compliance and too much paperwork, instead of a focus on the risk of death or serious injury. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-06-02•3mins

Brooke van Velden: Minister of Workplace Relations on the changes to WorkSafe, road cone tipline

The Workplace Relations Minister hopes WorkSafe's incoming culture shift will show they're there to help, not hurt. The Government's instructed the regulator to move away from enforcement and engage early to support risk management. It starts with today's opening of the road cone hotline. Minister Brooke van Velden told Mike Hosking businesses shouldn't have to sweat the small stuff. She says there's a culture of over-compliance and too much paperwork, instead of a focus on the risk of death or serious injury. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-06-02•3mins

#16

#17

Mike's Minute: The Reserve Bank didn't inspire me

Call me superficial, but to watch the Reserve Bank heavyweights lined up, as I did Wednesday post their cash rate decision, I did not see dynamism. These people outwardly do not fill you with any sense of excitement. The Reserve Bank is in a spot and, as a result, so are we as a country. A couple of semi-interesting things happened and also one very interesting thing. They voted 5 to 1 to cut. They don’t vote that often. They also offered alternative scenarios, which they haven't done for five years. Alternative scenarios are not a good sign. If you have enough of them, you are literally making stuff up. Anyone can drum up alternative scenarios. What I want to hear more of from experts is what is actually going on. The important stuff is they have no bias on further cuts. A lot of people thought we would get a cut yesterday, followed by one, possibly two, more. The so-called "neutral rate", that's the cash rate settling at 2.75% or 2.5% – that now seems to be off the table. Why? They argue inflation, which is what drives them. That's their mandate. The trouble with that is inflation is only just in the band. It's heading more towards the top of the band and here is the really big part – growth, or large dollops of growth, are not driving this inflation. We are barely growing, if growing at all. Yet inflation is still a thing. That's not good for an economy and it's not good for the Government. The Government, namely Willis and Luxon, leap, and have leapt, on each announcement talking about the money coming back into the economy as the interest rates drop. If the bank isn't cutting, then rates aren't dropping, and we aren't spending or feeling remotely bullish. The Reserve Bank doesn’t care that much because they are fixated on inflation, whether it's driven by factors beyond our control —like insurance, shipping or councils— or growth. Yes, we had growth in Q1. It was quite good growth too. The live GDP tracker has Q2 up a bit, but not much. But it has annual num...

2025-05-30•2mins

Mike's Minute: The Reserve Bank didn't inspire me

Call me superficial, but to watch the Reserve Bank heavyweights lined up, as I did Wednesday post their cash rate decision, I did not see dynamism. These people outwardly do not fill you with any sense of excitement. The Reserve Bank is in a spot and, as a result, so are we as a country. A couple of semi-interesting things happened and also one very interesting thing. They voted 5 to 1 to cut. They don’t vote that often. They also offered alternative scenarios, which they haven't done for five years. Alternative scenarios are not a good sign. If you have enough of them, you are literally making stuff up. Anyone can drum up alternative scenarios. What I want to hear more of from experts is what is actually going on. The important stuff is they have no bias on further cuts. A lot of people thought we would get a cut yesterday, followed by one, possibly two, more. The so-called "neutral rate", that's the cash rate settling at 2.75% or 2.5% – that now seems to be off the table. Why? They argue inflation, which is what drives them. That's their mandate. The trouble with that is inflation is only just in the band. It's heading more towards the top of the band and here is the really big part – growth, or large dollops of growth, are not driving this inflation. We are barely growing, if growing at all. Yet inflation is still a thing. That's not good for an economy and it's not good for the Government. The Government, namely Willis and Luxon, leap, and have leapt, on each announcement talking about the money coming back into the economy as the interest rates drop. If the bank isn't cutting, then rates aren't dropping, and we aren't spending or feeling remotely bullish. The Reserve Bank doesn’t care that much because they are fixated on inflation, whether it's driven by factors beyond our control —like insurance, shipping or councils— or growth. Yes, we had growth in Q1. It was quite good growth too. The live GDP tracker has Q2 up a bit, but not much. But it has annual num...

2025-05-30•2mins

#17

#18

Richard Arnold: US Correspondent on Trump's tariffs, Elon Musk leaving DOGE

Elon Musk’s time in the US Government has come to an end. He's posted on his platform, X, saying the mission of the Department of Government Efficiency —or DOGE— will only strengthen over time. A White House official has confirmed Musk's departure. US Correspondent Richard Arnold told Mike Hosking there’s been mixed reviews about his work. Musk was only able to find $9 billion in savings, despite his pledges to cut at least $2 trillion, which tech journalist Kara Swisher says means his efforts were a failure. She says he did a lot more showmanship than he did work. On the other hand, Trump aide Stephen Miller says what DOGE has done is “among the most valuable services ever rendered to Government”. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-29•4mins

Richard Arnold: US Correspondent on Trump's tariffs, Elon Musk leaving DOGE

Elon Musk’s time in the US Government has come to an end. He's posted on his platform, X, saying the mission of the Department of Government Efficiency —or DOGE— will only strengthen over time. A White House official has confirmed Musk's departure. US Correspondent Richard Arnold told Mike Hosking there’s been mixed reviews about his work. Musk was only able to find $9 billion in savings, despite his pledges to cut at least $2 trillion, which tech journalist Kara Swisher says means his efforts were a failure. She says he did a lot more showmanship than he did work. On the other hand, Trump aide Stephen Miller says what DOGE has done is “among the most valuable services ever rendered to Government”. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-29•4mins

#18

#19

Mike's Minute: Has the political divide gotten worse?

I cannot recommend a piece of reading enough in the Listener, and reproduced elsewhere, on a longitudinal study that now spans 35 years and 12 elections. It's gripping. A couple thousand people each election are given dozens of questions. Its weakness is some of the questions are vague enough to throw up responses around things like health care and public services. We like them and we want more, no surprises there. But how much more? What if the money is wasted? We don’t get to know that stuff. The David Lange Government of 1984 blew it big time, went way too far and upset too many people. I remember it well. We love strong leaders. We are more socially conservative than you might think. The electoral system doesn't represent what we actually want, or like. We like the death penalty, yet we've never had it. There are two highlights for me: Labour's moves around Māori and introducing Treaty of Waitangi principles into some legislation. The majority of us, decades ago, didn’t want it. We don’t have the 2023 results yet, but I bet you nothing has changed. Which I would have thought would lead you to ask, why hasn’t it been fixed? It's a bad idea that's been allowed to fester and cause ongoing angst and upset for decades. Secondly, there are signs of increasing dissatisfaction, concern and unhappiness. The authors say it's not like the 90's. I remember the 90's. It was Ruth Richardson and Jenny Shipley. It was welfare reform, the mother of all Budgets, the burning of effigies on Parliament grounds. You can see the edginess these days with similar discourse and protest. But it's suggested political polarisation has declined over the past decade. Really? Do you believe that? I don’t. I don’t think we have ever been more divided and never been more stark in our views of the country and the world. Social media, distrust, fake news, polarising views and stands – I have no idea how they've concluded this. Read it and see if you disagree. But on most stuff, we haven't chang...

2025-05-29•2mins

Mike's Minute: Has the political divide gotten worse?

I cannot recommend a piece of reading enough in the Listener, and reproduced elsewhere, on a longitudinal study that now spans 35 years and 12 elections. It's gripping. A couple thousand people each election are given dozens of questions. Its weakness is some of the questions are vague enough to throw up responses around things like health care and public services. We like them and we want more, no surprises there. But how much more? What if the money is wasted? We don’t get to know that stuff. The David Lange Government of 1984 blew it big time, went way too far and upset too many people. I remember it well. We love strong leaders. We are more socially conservative than you might think. The electoral system doesn't represent what we actually want, or like. We like the death penalty, yet we've never had it. There are two highlights for me: Labour's moves around Māori and introducing Treaty of Waitangi principles into some legislation. The majority of us, decades ago, didn’t want it. We don’t have the 2023 results yet, but I bet you nothing has changed. Which I would have thought would lead you to ask, why hasn’t it been fixed? It's a bad idea that's been allowed to fester and cause ongoing angst and upset for decades. Secondly, there are signs of increasing dissatisfaction, concern and unhappiness. The authors say it's not like the 90's. I remember the 90's. It was Ruth Richardson and Jenny Shipley. It was welfare reform, the mother of all Budgets, the burning of effigies on Parliament grounds. You can see the edginess these days with similar discourse and protest. But it's suggested political polarisation has declined over the past decade. Really? Do you believe that? I don’t. I don’t think we have ever been more divided and never been more stark in our views of the country and the world. Social media, distrust, fake news, polarising views and stands – I have no idea how they've concluded this. Read it and see if you disagree. But on most stuff, we haven't chang...

2025-05-29•2mins

#19

#20

Mark the Week: Trump looks ropier by the day

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. Fonterra: 9/10 It is literally raining money. Record farmgate, record profits, and the milk price starting at $10 for next year. Go buy a ute. Port of Auckland: 2/10 Everything that’s wrong with New Zealand – putting prices up because you can. Auckland FC: 7/10 Falling when they did took the shine off, but up until then there was a lot of shine to enjoy. Trump: 4/10 He looks ropier by the day. The meme dinner, the court blocking the tariffs, the ceasefires that haven't happened. It looks rambling, ill-disciplined, and insane. Oh, and that’s before you get to Harvard. Coffee: 4/10 $10 a cup and Al Brown is selling filter. It's not right. Radio NZ: 4/10 All that money for all those listeners to wander off to places like the Mike Hosking Breakfast. What's worse value – public radio you don’t want or a Waiuku crossing you can't afford? LISTEN ABOVE FOR MIKE HOSKING'S FULL WEEK IN REVIEW See omnystudio.com/listener for privacy information.

2025-05-29•2mins

Mark the Week: Trump looks ropier by the day

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. Fonterra: 9/10 It is literally raining money. Record farmgate, record profits, and the milk price starting at $10 for next year. Go buy a ute. Port of Auckland: 2/10 Everything that’s wrong with New Zealand – putting prices up because you can. Auckland FC: 7/10 Falling when they did took the shine off, but up until then there was a lot of shine to enjoy. Trump: 4/10 He looks ropier by the day. The meme dinner, the court blocking the tariffs, the ceasefires that haven't happened. It looks rambling, ill-disciplined, and insane. Oh, and that’s before you get to Harvard. Coffee: 4/10 $10 a cup and Al Brown is selling filter. It's not right. Radio NZ: 4/10 All that money for all those listeners to wander off to places like the Mike Hosking Breakfast. What's worse value – public radio you don’t want or a Waiuku crossing you can't afford? LISTEN ABOVE FOR MIKE HOSKING'S FULL WEEK IN REVIEW See omnystudio.com/listener for privacy information.

2025-05-29•2mins

#20

#21

Wrapping the Week with Kate Hawkesby and Tim Wilson: First home buyers, Hailey Bieber, Producer Sam's puppy

Kate Hawkesby and Tim Wilson are back with Mike Hosking to Wrap the Week that was. They discussed the average age of first home buyers, Hailey Bieber and her make up company, and how Producer Sam’s puppy has been behaving this week. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-29•11mins

Wrapping the Week with Kate Hawkesby and Tim Wilson: First home buyers, Hailey Bieber, Producer Sam's puppy

Kate Hawkesby and Tim Wilson are back with Mike Hosking to Wrap the Week that was. They discussed the average age of first home buyers, Hailey Bieber and her make up company, and how Producer Sam’s puppy has been behaving this week. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-29•11mins

#21

#22

Full Show Podcast: 30 May 2025

On the Mike Hosking Breakfast Full Show Podcast for Friday 30th of May, David Seymour is pulling the trigger, and parents will now be prosecuted for not sending their kids to school. We've got new data on flight cancellations and delays after the endless texts saying services are rubbish now. Turns out, it's nowhere near as bad as you think. Tim and Katie Wrap the Week and talk about the average age of a first home buyer, age, Hailey Bieber, and how good, or bad, producer Sam's new puppy has been this week. Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-29•1hr 30mins

Full Show Podcast: 30 May 2025

On the Mike Hosking Breakfast Full Show Podcast for Friday 30th of May, David Seymour is pulling the trigger, and parents will now be prosecuted for not sending their kids to school. We've got new data on flight cancellations and delays after the endless texts saying services are rubbish now. Turns out, it's nowhere near as bad as you think. Tim and Katie Wrap the Week and talk about the average age of a first home buyer, age, Hailey Bieber, and how good, or bad, producer Sam's new puppy has been this week. Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-29•1hr 30mins

#22

#23

Ian Woolford: Reserve Bank Director of Money and Cash on King Charles featuring on the 10 cent coin from 2027

A new face is coming to New Zealand’s coins. An image of King Charles has officially been approved to feature on the 10 cent coin from 2027. 2024 will be stamped on the currency – the year the Reserve Bank ordered them. A koruru image will remain on the reverse side, as it has since 1967. Ian Woolford, Director of Money and Cash at the Reserve Bank, told Mike Hosking it’s taken so long as they already have quite a big inventory of coins and bank notes. He says 10 cent coins are the ones they need to stock up on, which is why they’re the first cab off the rank. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-29•4mins

Ian Woolford: Reserve Bank Director of Money and Cash on King Charles featuring on the 10 cent coin from 2027

A new face is coming to New Zealand’s coins. An image of King Charles has officially been approved to feature on the 10 cent coin from 2027. 2024 will be stamped on the currency – the year the Reserve Bank ordered them. A koruru image will remain on the reverse side, as it has since 1967. Ian Woolford, Director of Money and Cash at the Reserve Bank, told Mike Hosking it’s taken so long as they already have quite a big inventory of coins and bank notes. He says 10 cent coins are the ones they need to stock up on, which is why they’re the first cab off the rank. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-29•4mins

#23

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#24

Mark Hooper: Federated Farmers RMA Spokesperson on the changes coming to the Resource Management Act

Federated Farmers is welcoming proposed changes to the Resource Management Act. The Government's released three discussion documents proposing amending 12 current national directions and four new ones. They include changes to freshwater management, regulation of farming practices and revising mine consent processes. Mark Hooper, their RMA Spokesperson, told Mike Hosking that while the guidelines are complex and there’s a lot to wade through, the intent here is very much to get a simpler and better outcome. The rewritten Resource Management Act isn’t expected to come until next year, so he says the intent of this release is to hopefully provide a bit more guidance and certainty for local authorities, so they can get on with their planning. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-29•3mins

Mark Hooper: Federated Farmers RMA Spokesperson on the changes coming to the Resource Management Act

Federated Farmers is welcoming proposed changes to the Resource Management Act. The Government's released three discussion documents proposing amending 12 current national directions and four new ones. They include changes to freshwater management, regulation of farming practices and revising mine consent processes. Mark Hooper, their RMA Spokesperson, told Mike Hosking that while the guidelines are complex and there’s a lot to wade through, the intent here is very much to get a simpler and better outcome. The rewritten Resource Management Act isn’t expected to come until next year, so he says the intent of this release is to hopefully provide a bit more guidance and certainty for local authorities, so they can get on with their planning. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-29•3mins

#24

#25

Kelvin Davidson: Cotality Chief Property Economist on the average age of first home buyers rising

The average first home buyer is getting older. A Cotality-Westpac report has found the average age of first home buyers has increased to 36 nationwide. It's 37 in Auckland, 36 in Wellington, and 35 in Christchurch – all figures are two or three years higher than average in 2019. Cotality Chief Property Economist Kelvin Davidson told Mike Hosking there’s a range of reasons behind it. He says the affordability measures aren’t much different than they were in 2019, so while affordability is an influence, lifestyle and career choices are definitely having an impact. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-29•3mins

Kelvin Davidson: Cotality Chief Property Economist on the average age of first home buyers rising

The average first home buyer is getting older. A Cotality-Westpac report has found the average age of first home buyers has increased to 36 nationwide. It's 37 in Auckland, 36 in Wellington, and 35 in Christchurch – all figures are two or three years higher than average in 2019. Cotality Chief Property Economist Kelvin Davidson told Mike Hosking there’s a range of reasons behind it. He says the affordability measures aren’t much different than they were in 2019, so while affordability is an influence, lifestyle and career choices are definitely having an impact. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-29•3mins

#25

#26

James Meager: Associate Minister of Transport on Air New Zealand's flight performance for April

Just 60% of Air New Zealand's trans-Tasman flights jetted off on time last month. A report by the Ministry of Transport shows aviation performance for April. It reveals 82% of the airline's domestic flights were on time, taking off within 15 minutes of their scheduled time. Air New Zealand's highest cancellation rate was on its Rotorua to Auckland route, with just 52 of 65 scheduled flights flown. Associate Transport Minister James Meager told Mike Hosking these figures aren't acceptable, but will be helpful. He says it will help them focus on the regions that are suffering from poor performance. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-29•6mins

James Meager: Associate Minister of Transport on Air New Zealand's flight performance for April

Just 60% of Air New Zealand's trans-Tasman flights jetted off on time last month. A report by the Ministry of Transport shows aviation performance for April. It reveals 82% of the airline's domestic flights were on time, taking off within 15 minutes of their scheduled time. Air New Zealand's highest cancellation rate was on its Rotorua to Auckland route, with just 52 of 65 scheduled flights flown. Associate Transport Minister James Meager told Mike Hosking these figures aren't acceptable, but will be helpful. He says it will help them focus on the regions that are suffering from poor performance. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-29•6mins

#26

#27

Billie Moore: Airports Association CEO on Auckland Aiport's domestic airfield upgrade

Auckland Airport's investing nearly $150 million into a major domestic airfield upgrade. It's part of works to help enable future growth in regional flights across the country. Car parks next to the domestic terminal will be shifted to make way for four new aircraft parking stands dedicated to regional services. Airports Association Chief Executive Billie Moore told Mike Hosking it's an important move for Auckland Airport, in terms of growth. She says 40% of regional flights go to and from Auckland, so the rest of the network relies on them to increase capacity. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-29•3mins

Billie Moore: Airports Association CEO on Auckland Aiport's domestic airfield upgrade

Auckland Airport's investing nearly $150 million into a major domestic airfield upgrade. It's part of works to help enable future growth in regional flights across the country. Car parks next to the domestic terminal will be shifted to make way for four new aircraft parking stands dedicated to regional services. Airports Association Chief Executive Billie Moore told Mike Hosking it's an important move for Auckland Airport, in terms of growth. She says 40% of regional flights go to and from Auckland, so the rest of the network relies on them to increase capacity. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-29•3mins

#27

#28

David Seymour: Associate Education Minister on the fines parents of absent students could face

Parents could be forced to pay thousands of dollars if they repeatedly refuse to ensure their children attend school. Associate Education Minister David Seymour's announced the change as part of a firmer approach the Government's taking on school attendance. Seymour told Mike Hosking schools will alert the ministry to possible prosecution cases and ultimately decide whether to take the parents to court. He says they could be fined up to $300 initially, but for repeat offenders, it could be $3,000. Parents of students who are absent because of health conditions, or who are genuinely engaged with the school, won't be prosecuted. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-29•3mins

David Seymour: Associate Education Minister on the fines parents of absent students could face

Parents could be forced to pay thousands of dollars if they repeatedly refuse to ensure their children attend school. Associate Education Minister David Seymour's announced the change as part of a firmer approach the Government's taking on school attendance. Seymour told Mike Hosking schools will alert the ministry to possible prosecution cases and ultimately decide whether to take the parents to court. He says they could be fined up to $300 initially, but for repeat offenders, it could be $3,000. Parents of students who are absent because of health conditions, or who are genuinely engaged with the school, won't be prosecuted. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-29•3mins

#28

#29

Rod Liddle: UK Correspondent gives an update on the Liverpool car ramming

There are still many questions regarding the man who drove his car into a crowd in Liverpool. Fans of Liverpool Football Club had flooded the city's streets to celebrate its Premier League title win. Nearly 80 people were injured, and a 53-year-old local was arrested for attempted murder. UK Correspondent Rod Liddle told Mike Hosking one theory is that it was an accident. He said the driver may have simply followed the ambulance and upon finding themselves surrounded by screaming people, didn’t know what to do. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-28•5mins

Rod Liddle: UK Correspondent gives an update on the Liverpool car ramming

There are still many questions regarding the man who drove his car into a crowd in Liverpool. Fans of Liverpool Football Club had flooded the city's streets to celebrate its Premier League title win. Nearly 80 people were injured, and a 53-year-old local was arrested for attempted murder. UK Correspondent Rod Liddle told Mike Hosking one theory is that it was an accident. He said the driver may have simply followed the ambulance and upon finding themselves surrounded by screaming people, didn’t know what to do. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-28•5mins

#29

#30

Mike's Minute: Here's my advice for Hipkins and Labour

I am here to help the ol' Chipster. The Chipster, aka Chris Hipkins, was in the building this week. I said hello to him. He asked me when I was dropping the blacklist I have on him appearing on this show. I said he had appeared once already this year and that was plenty. We both laughed. What I like about him is that he doesn’t seem to take any of this personally. He knows I think he's hopeless and he knows I think he wrecked the country. But he is playing the long game and he knows I know he will be back next year in the election campaign and, if he wins, he will be back as a regular. Which brings me to the help. In Australia this week their Labor Government approved the extension of a massive gas project – Woodside are Australia's largest gas producer. Before the word came from the Government, the company had launched a fairly vigorous, and as it turns out, effective campaign reminding us all that if you want to look at Spain the other day, and indeed various parts of Europe that have been spending increasing periods of time in the dark, you will find they became obsessed with renewables and that obsessions led to blackouts. Continuity and consistency of supply, Woodside argued, is just as important as where you get your energy. Anyway, Labor gave them the tick. Yes, the conservationists are upset, but aren't they always? The point for Hipkins is this: this is a Labour Government that did this. A Labour Government that romped home in an election just the other day. A Labour Government with a gargantuan majority. Why? Because it's what you'd call here a Labour Government of old. It's a centrist Labour Government. It's not a woke, handwringing, ideologically obsessed Labour Government of, say, 2020-2023. Blair Hawke and David Lange are your Labour Governments of success. Hipkins is your Labour Government of failure. Albanese has clearly learned the lessons of history and worked them nicely to his favour. Yes, he can be centre left, but the lights will always be o...

2025-05-28•2mins

Mike's Minute: Here's my advice for Hipkins and Labour

I am here to help the ol' Chipster. The Chipster, aka Chris Hipkins, was in the building this week. I said hello to him. He asked me when I was dropping the blacklist I have on him appearing on this show. I said he had appeared once already this year and that was plenty. We both laughed. What I like about him is that he doesn’t seem to take any of this personally. He knows I think he's hopeless and he knows I think he wrecked the country. But he is playing the long game and he knows I know he will be back next year in the election campaign and, if he wins, he will be back as a regular. Which brings me to the help. In Australia this week their Labor Government approved the extension of a massive gas project – Woodside are Australia's largest gas producer. Before the word came from the Government, the company had launched a fairly vigorous, and as it turns out, effective campaign reminding us all that if you want to look at Spain the other day, and indeed various parts of Europe that have been spending increasing periods of time in the dark, you will find they became obsessed with renewables and that obsessions led to blackouts. Continuity and consistency of supply, Woodside argued, is just as important as where you get your energy. Anyway, Labor gave them the tick. Yes, the conservationists are upset, but aren't they always? The point for Hipkins is this: this is a Labour Government that did this. A Labour Government that romped home in an election just the other day. A Labour Government with a gargantuan majority. Why? Because it's what you'd call here a Labour Government of old. It's a centrist Labour Government. It's not a woke, handwringing, ideologically obsessed Labour Government of, say, 2020-2023. Blair Hawke and David Lange are your Labour Governments of success. Hipkins is your Labour Government of failure. Albanese has clearly learned the lessons of history and worked them nicely to his favour. Yes, he can be centre left, but the lights will always be o...

2025-05-28•2mins

#30

#31

Full Show Podcast: 29 May 2025

On the Mike Hosking Breakfast Full Show Podcast for Thursday 29th of May, the Reserve Bank made the decision to cut the OCR by 25 basis points, but did we get any sort of clear direction for the future? Acting Governor Christian Hawkesby is on the show. The Prime Minister has recovered from his illness and is on the program to give his reaction to the OCR announcement and the public service leaks. We love Tami Nielson, so when she has a new NZ tour to announce, a new single, a new album coming soon, and multiple NZ Music Awards nominations, we had to get her on for a chat. Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-28•1hr 29mins

Full Show Podcast: 29 May 2025

On the Mike Hosking Breakfast Full Show Podcast for Thursday 29th of May, the Reserve Bank made the decision to cut the OCR by 25 basis points, but did we get any sort of clear direction for the future? Acting Governor Christian Hawkesby is on the show. The Prime Minister has recovered from his illness and is on the program to give his reaction to the OCR announcement and the public service leaks. We love Tami Nielson, so when she has a new NZ tour to announce, a new single, a new album coming soon, and multiple NZ Music Awards nominations, we had to get her on for a chat. Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-28•1hr 29mins

#31

#32

Tami Neilson: NZ Country musician on her Neon Cowgirl NZ tour, new album, NZ Music Award nominations

One of the most significant country music figures to emerge from New Zealand, Tami Neilson continues to grow on the world stage. Later this year she’ll be touring around the US with Willie Nelson and Bob Dylan, as well as a string of European dates – but unlike some other stars, she’s not leaving New Zealand out. Neilson is returning to our stages this October for her ‘Neon Cowgirl’ tour – performing five shows across the country. She’ll be performing songs from her new album of the same name, which releases in July. Although it's common for artists to labour over their work, often taking years to complete and release albums, Neilson told Mike Hosking that comparatively, she works quite quickly. “From the time I’m kind of laying down the music to when it comes out, it’s usually a year,” she said. “I usually write my albums and then track them within a week, so most of my albums are live off the floor.” The recordings listeners hear are full takes performed live by Neilson and her band, which she says adds a realness to the songs. “I think in this age of, you know, impending AI, the more we can lean into our humanity, you hope that comes through in the music and connects with other human hearts.” LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-28•12mins

Tami Neilson: NZ Country musician on her Neon Cowgirl NZ tour, new album, NZ Music Award nominations

One of the most significant country music figures to emerge from New Zealand, Tami Neilson continues to grow on the world stage. Later this year she’ll be touring around the US with Willie Nelson and Bob Dylan, as well as a string of European dates – but unlike some other stars, she’s not leaving New Zealand out. Neilson is returning to our stages this October for her ‘Neon Cowgirl’ tour – performing five shows across the country. She’ll be performing songs from her new album of the same name, which releases in July. Although it's common for artists to labour over their work, often taking years to complete and release albums, Neilson told Mike Hosking that comparatively, she works quite quickly. “From the time I’m kind of laying down the music to when it comes out, it’s usually a year,” she said. “I usually write my albums and then track them within a week, so most of my albums are live off the floor.” The recordings listeners hear are full takes performed live by Neilson and her band, which she says adds a realness to the songs. “I think in this age of, you know, impending AI, the more we can lean into our humanity, you hope that comes through in the music and connects with other human hearts.” LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-28•12mins

#32

#33

Sandra Grey: Tertiary Education Union's national secretary on the number of international students enrolled in polytechs

The effects of centralising New Zealand's polytechs continue to be felt. New data shows there were about 75 thousand international students in the country last year, down from 125 thousand in 2016. Tertiary's seen the biggest drop, halving in that timeframe. Tertiary Education Union's national secretary Sandra Grey told Mike Hosking polytechs had major reform after Covid, which disrupted courses and staff. She says that confuses students looking to study, who will then consider options elsewhere. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-28•2mins

Sandra Grey: Tertiary Education Union's national secretary on the number of international students enrolled in polytechs

The effects of centralising New Zealand's polytechs continue to be felt. New data shows there were about 75 thousand international students in the country last year, down from 125 thousand in 2016. Tertiary's seen the biggest drop, halving in that timeframe. Tertiary Education Union's national secretary Sandra Grey told Mike Hosking polytechs had major reform after Covid, which disrupted courses and staff. She says that confuses students looking to study, who will then consider options elsewhere. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-28•2mins

#33

#34

Christian Hawkesby: Acting Reserve Bank Governor on the OCR cut, future developments

Don't bank on further cuts to the Official Cash Rate. The Reserve Bank's dropped the OCR 25 basis points to 3.25%, and is now forecasting it could reach a low of 2.9% by the end of the year. But Governor Christian Hawkesby says further cuts aren't guaranteed. He told Mike Hosking they're taking things one step at a time, as they wait to see how global developments affect the economy and inflation. Hawkesby says the OCR is now close to "neutral" and the Reserve Bank's next move won't be pre-programmed, it will depend on how things unfold. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-28•6mins

Christian Hawkesby: Acting Reserve Bank Governor on the OCR cut, future developments

Don't bank on further cuts to the Official Cash Rate. The Reserve Bank's dropped the OCR 25 basis points to 3.25%, and is now forecasting it could reach a low of 2.9% by the end of the year. But Governor Christian Hawkesby says further cuts aren't guaranteed. He told Mike Hosking they're taking things one step at a time, as they wait to see how global developments affect the economy and inflation. Hawkesby says the OCR is now close to "neutral" and the Reserve Bank's next move won't be pre-programmed, it will depend on how things unfold. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-28•6mins

#34

#35

Eric Crampton: NZ Initiative Chief Economist on a new fast track plan to introduce competition to the supermarket sector

A new plan is being touted as a way to fast track shaking up the grocery sector. The New Zealand Initiative is proposing allowing new entrants to enter the market, rather than forcing any break-up of the existing supermarket companies. It outlines the need for fast track plans for rezoning, consenting, overseas investment clearance, and a more neutral stance from the government. Chief Economist Eric Crampton told Mike Hosking a new entrant should get a head start. He says within five years the government would find out whether planning barriers are what's held companies back. Foodstuffs and Woolworths are both members of the New Zealand Initiative. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-28•3mins

Eric Crampton: NZ Initiative Chief Economist on a new fast track plan to introduce competition to the supermarket sector

A new plan is being touted as a way to fast track shaking up the grocery sector. The New Zealand Initiative is proposing allowing new entrants to enter the market, rather than forcing any break-up of the existing supermarket companies. It outlines the need for fast track plans for rezoning, consenting, overseas investment clearance, and a more neutral stance from the government. Chief Economist Eric Crampton told Mike Hosking a new entrant should get a head start. He says within five years the government would find out whether planning barriers are what's held companies back. Foodstuffs and Woolworths are both members of the New Zealand Initiative. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-28•3mins

#35

#36

Christopher Luxon: Prime Minister discusses the OCR cut, superannuation, public service leaks

Christopher Luxon remains hopeful the latest cut in the OCR isn't the last. The Reserve Bank's dropped the Official Cash Rate 25 basis points to 3.25%, and is now forecasting it will reach a low of 2.9 percent in December. But the Monetary Policy Committee wasn't able to reach a unanimous decision to cut the cash rate. The Prime Minister told Mike Hosking Acting Governor Christian Hawkesby is dealing with a period of global uncertainty. He says there's a huge amount of volatility that Hawkesby is navigating, but the economy is turning a corner. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-28•10mins

Christopher Luxon: Prime Minister discusses the OCR cut, superannuation, public service leaks

Christopher Luxon remains hopeful the latest cut in the OCR isn't the last. The Reserve Bank's dropped the Official Cash Rate 25 basis points to 3.25%, and is now forecasting it will reach a low of 2.9 percent in December. But the Monetary Policy Committee wasn't able to reach a unanimous decision to cut the cash rate. The Prime Minister told Mike Hosking Acting Governor Christian Hawkesby is dealing with a period of global uncertainty. He says there's a huge amount of volatility that Hawkesby is navigating, but the economy is turning a corner. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-28•10mins

#36

#37

Mike's Minute: Christian Hawkesby's difficult job today

To give you an insight into just how hard Christian Hawkesby's job is today, have a look at what the shadow board says. The NZIER has a monetary policy shadow board. It’s a bunch of economists and their view as to what should be happening. Some say drop by 25 basis points, one says 50, and some say don’t do anything. How do you deal with that? These are experts. They know what they are doing. Or do they? So no matter what Christian does some of them are going to go "what on Earth was he thinking?" Think about the difference between 50 basis points and nothing. 50 basis points is a lot. 50 means things aren't good, and we need to fire the place up a bit. If we don't move it means things are just where we want them. Are they where we want them? No, is my answer. But then I'm not an economist. Most of them say things like "boy this is tricky". My word is "uncertainty" – the watch word of the day. It's through this murky mix of "who the hell knows what's going on" that Christian has to wade and produce something that will see us head into a half decent Christmas. Of course that’s part of the mess we are in. There is a lot of water to go under our beleaguered bridge before Christmas, and a number of decisions from the Reserve Bank, along of course with the much-dissected commentary. What does 25, or 50 basis points, or nothing, mean? What's old Christian thinking? I'll tell you this for nothing – a big part of this equation is mood. It’s the same with the Budget last week and the depreciation measures. You have to want to get amongst it. You have to take your mortgage rate cut and do something with it. You have to want to buy your tractor, or ute, and depreciate it by 20%. If you are in a funk and you're not spending, then depreciating 20% of zero is nothing and no one gains. Christian, or Nicola for that matter, can't do it all. At some point we have to believe. We have to have our arm twisted. We have to see a bit of light. The most powerful factor in any economy is...

2025-05-27•1mins

Mike's Minute: Christian Hawkesby's difficult job today

To give you an insight into just how hard Christian Hawkesby's job is today, have a look at what the shadow board says. The NZIER has a monetary policy shadow board. It’s a bunch of economists and their view as to what should be happening. Some say drop by 25 basis points, one says 50, and some say don’t do anything. How do you deal with that? These are experts. They know what they are doing. Or do they? So no matter what Christian does some of them are going to go "what on Earth was he thinking?" Think about the difference between 50 basis points and nothing. 50 basis points is a lot. 50 means things aren't good, and we need to fire the place up a bit. If we don't move it means things are just where we want them. Are they where we want them? No, is my answer. But then I'm not an economist. Most of them say things like "boy this is tricky". My word is "uncertainty" – the watch word of the day. It's through this murky mix of "who the hell knows what's going on" that Christian has to wade and produce something that will see us head into a half decent Christmas. Of course that’s part of the mess we are in. There is a lot of water to go under our beleaguered bridge before Christmas, and a number of decisions from the Reserve Bank, along of course with the much-dissected commentary. What does 25, or 50 basis points, or nothing, mean? What's old Christian thinking? I'll tell you this for nothing – a big part of this equation is mood. It’s the same with the Budget last week and the depreciation measures. You have to want to get amongst it. You have to take your mortgage rate cut and do something with it. You have to want to buy your tractor, or ute, and depreciate it by 20%. If you are in a funk and you're not spending, then depreciating 20% of zero is nothing and no one gains. Christian, or Nicola for that matter, can't do it all. At some point we have to believe. We have to have our arm twisted. We have to see a bit of light. The most powerful factor in any economy is...

2025-05-27•1mins

#37

#38

John Roberts: Director of Muttley's Estate on the first shelf stable pet friendly wine

A new horticultural initiative is set to transform New Zealand into a commercial catnip producer. Kiwi startup, Muttley's Estate, is believed to be the world’s first manufacturer of catnip-based 'pet wine', that can be stored for up to 12 months. The garden herb's estimated to positively impact mood in about two-thirds of cats while helping to soothe anxiety in dogs. Muttley's Estate Director John Roberts told Mike Hosking catnip's currently not very widespread or commercially used. He says they're trying to grow that market segment, as it's a relatively easy crop to grow. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-27•3mins

John Roberts: Director of Muttley's Estate on the first shelf stable pet friendly wine

A new horticultural initiative is set to transform New Zealand into a commercial catnip producer. Kiwi startup, Muttley's Estate, is believed to be the world’s first manufacturer of catnip-based 'pet wine', that can be stored for up to 12 months. The garden herb's estimated to positively impact mood in about two-thirds of cats while helping to soothe anxiety in dogs. Muttley's Estate Director John Roberts told Mike Hosking catnip's currently not very widespread or commercially used. He says they're trying to grow that market segment, as it's a relatively easy crop to grow. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-27•3mins

#38

#39

Pollies: National's Mark Mitchell and Labour's Ginny Andersen talk retail crime, police, and private hospitals

Today on Politics Wednesday, Mark Mitchell and Ginny Andersen joined Mike Hosking to discuss the biggest topics of the week so far. They discussed the shoplifting directive issued to Police – will officers still be attending retail crime incidents if the value of the theft is less than $500? And why is Labour against the use of private hospitals to lower the public surgery backlog? LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-27•11mins

Pollies: National's Mark Mitchell and Labour's Ginny Andersen talk retail crime, police, and private hospitals

Today on Politics Wednesday, Mark Mitchell and Ginny Andersen joined Mike Hosking to discuss the biggest topics of the week so far. They discussed the shoplifting directive issued to Police – will officers still be attending retail crime incidents if the value of the theft is less than $500? And why is Labour against the use of private hospitals to lower the public surgery backlog? LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-27•11mins

#39

#40

Full Show Podcast: 28 May 2025

On the Mike Hosking Breakfast Full Show Podcast for Wednesday 28th of May, what will Christian Hawkesby and the Reserve Bank do today? We look ahead to this afternoon's announcement and, perhaps more importantly, the forecasts for the rest of the year. Do we need to do something about this 'Run It Straight' game now that someone has died? Or is that leaning too much into being a nanny state? Ginny Andersen and Mark Mitchell discuss the police directive regarding shoplifting and why Labour seems to be against private hospitals easing the public surgery backlog on Politics Wednesday. Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-27•1hr 30mins

Full Show Podcast: 28 May 2025

On the Mike Hosking Breakfast Full Show Podcast for Wednesday 28th of May, what will Christian Hawkesby and the Reserve Bank do today? We look ahead to this afternoon's announcement and, perhaps more importantly, the forecasts for the rest of the year. Do we need to do something about this 'Run It Straight' game now that someone has died? Or is that leaning too much into being a nanny state? Ginny Andersen and Mark Mitchell discuss the police directive regarding shoplifting and why Labour seems to be against private hospitals easing the public surgery backlog on Politics Wednesday. Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-27•1hr 30mins

#40

#41

Todd McClay: Trade Minister on export momentum, new trade deals

The Trade Minister says New Zealand's hustling on the world stage, looking for every opportunity. KPMG's latest Agribusiness Agenda suggests New Zealand can't rely on our usual global customers and needs to look for new markets. Trade and Agriculture Minister Todd McClay says this is a priority, with free trade negotiations in full force with India He told Mike Hosking we also have to keep growing the value of our exports, something our primary sector's already seeing success with. McClay says there's growth across the board because our farmers produce the highest quality and safest food. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-27•5mins

Todd McClay: Trade Minister on export momentum, new trade deals

The Trade Minister says New Zealand's hustling on the world stage, looking for every opportunity. KPMG's latest Agribusiness Agenda suggests New Zealand can't rely on our usual global customers and needs to look for new markets. Trade and Agriculture Minister Todd McClay says this is a priority, with free trade negotiations in full force with India He told Mike Hosking we also have to keep growing the value of our exports, something our primary sector's already seeing success with. McClay says there's growth across the board because our farmers produce the highest quality and safest food. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-27•5mins

#41

#42

Chris Penk: Building and Construction Minister on the new independent Building Consent Approvals authority

There's changes happening in the construction sector. Construction Minister Chris Penk is launching the country's first fully independent residential building consent authority - with approval subject to certain conditions being met. The privately-owned company, supported by the government, promises to issue building consents within 10 working days for eligible residential projects. Penk told Mike Hosking it's another option alongside local councils. He says initially it will be too small to take on all the work council does, but it might be able to scale up depending on what the appetite is. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-27•3mins

Chris Penk: Building and Construction Minister on the new independent Building Consent Approvals authority

There's changes happening in the construction sector. Construction Minister Chris Penk is launching the country's first fully independent residential building consent authority - with approval subject to certain conditions being met. The privately-owned company, supported by the government, promises to issue building consents within 10 working days for eligible residential projects. Penk told Mike Hosking it's another option alongside local councils. He says initially it will be too small to take on all the work council does, but it might be able to scale up depending on what the appetite is. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-27•3mins

#42

#43

Roger Gray: Port of Auckland CEO on the increase in access charges for truck drivers

Access to the Port of Auckland is going to get more expensive for truck drivers. Peak access charges for trucks entering the Fergusson Container Terminal will increase from $130 to $180 in January. It will be followed by a further increase to $230, six months later. Port of Auckland CEO Roger Gray told Mike Hosking they've given transport operators plenty of notice. He says one of them happens in seven months and the other in 13 months, taking the port in the right direction. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-27•4mins

Roger Gray: Port of Auckland CEO on the increase in access charges for truck drivers

Access to the Port of Auckland is going to get more expensive for truck drivers. Peak access charges for trucks entering the Fergusson Container Terminal will increase from $130 to $180 in January. It will be followed by a further increase to $230, six months later. Port of Auckland CEO Roger Gray told Mike Hosking they've given transport operators plenty of notice. He says one of them happens in seven months and the other in 13 months, taking the port in the right direction. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-27•4mins

#43

#44

Mike Jones: BNZ Chief Economist ahead of today's OCR announcement

BNZ's the latest bank to drop its home loan rates, anticipating a change to the Official Cash Rate this afternoon. The Reserve Bank's expected to cut the OCR 25 basis point to 3.25%. Already BNZ's cut its fixed rates to as low as 4.89%, and its standard variable rate to 6.44%. BNZ chief economist Mike Jones told Mike Hosking today's decision should indicate the Reserve Bank's general direction, but it probably won't reveal anything too specific. He says that seems to be the playbook offshore, allowing it to take its time and assess the lay of the land at the next meeting. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-27•3mins

Mike Jones: BNZ Chief Economist ahead of today's OCR announcement

BNZ's the latest bank to drop its home loan rates, anticipating a change to the Official Cash Rate this afternoon. The Reserve Bank's expected to cut the OCR 25 basis point to 3.25%. Already BNZ's cut its fixed rates to as low as 4.89%, and its standard variable rate to 6.44%. BNZ chief economist Mike Jones told Mike Hosking today's decision should indicate the Reserve Bank's general direction, but it probably won't reveal anything too specific. He says that seems to be the playbook offshore, allowing it to take its time and assess the lay of the land at the next meeting. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-27•3mins

#44

#45

Richie Barnett: Former Kiwis Captain on the teen who died playing a Run it Straight game

There's a belief official 'Run it Straight' events are trying to mitigate head injuries, but has risk written all over it. Ryan Satterthwaite —a 19-year-old— has died after suffering a serious injury during a private version of the aggressive tackling game in Palmerston North on Sunday. A championship league final has been blocked from Auckland's Trusts Arena. Former Kiwis captain Richie Barnett told Mike Hosking the official events are a controlled environment, but heads can end up in the wrong space. He says it's still impact, which is the problem, as you don't need to have a concussion to have a brain bleed. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-27•3mins

Richie Barnett: Former Kiwis Captain on the teen who died playing a Run it Straight game

There's a belief official 'Run it Straight' events are trying to mitigate head injuries, but has risk written all over it. Ryan Satterthwaite —a 19-year-old— has died after suffering a serious injury during a private version of the aggressive tackling game in Palmerston North on Sunday. A championship league final has been blocked from Auckland's Trusts Arena. Former Kiwis captain Richie Barnett told Mike Hosking the official events are a controlled environment, but heads can end up in the wrong space. He says it's still impact, which is the problem, as you don't need to have a concussion to have a brain bleed. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-27•3mins

#45

#46

Rod Liddle: UK Correspondent on the car ploughing into crowds at the Liverpool FC victory parade

A day of celebrations has turned violent in the UK after a car collided with pedestrians at Liverpool Football Club's victory parade. Authorities say a 53-year-old white British man has been arrested and the area has been evacuated. 47 people were injured – 27 were taken to hospital, two with serious injuries, and 20 treated on scene. UK Correspondent Rod Liddle told Mike Hosking it doesn’t appear to be connected to terrorism at this stage. He says the motives are a complete mystery. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-26•7mins

Rod Liddle: UK Correspondent on the car ploughing into crowds at the Liverpool FC victory parade

A day of celebrations has turned violent in the UK after a car collided with pedestrians at Liverpool Football Club's victory parade. Authorities say a 53-year-old white British man has been arrested and the area has been evacuated. 47 people were injured – 27 were taken to hospital, two with serious injuries, and 20 treated on scene. UK Correspondent Rod Liddle told Mike Hosking it doesn’t appear to be connected to terrorism at this stage. He says the motives are a complete mystery. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-26•7mins

#46

#47

Mike's Minute: The pressure is on Christian Hawkesby

The pressure is on the new Reserve Bank fill-in Governor tomorrow. Although given it’s a committee, in theory he is more of a messenger. It's reported that we have increased calls for a 50 basis point cut. Why? Because things aren't flash. If you read business results in the current reporting season, a lot of commentary tells us the recovery is underway. Things are looking better. We can certainly see that, for example, with retail spending. The numbers produced just last Friday for the opening quarter of the year are up, and in some parts of the sector they're up quite a bit. We have seen manufacturing expanding for several months in a row now. So those are the fact-based statistics. The other measures, like confidence, have dropped. We see people in the doldrums. But that is a vibe. Can you find people who are in the doldrums? Of course you can. But does a vibe lead to a lack of action or a lack of spend? Or do we say one thing and do another? We also read a lot about this “uncertainty”. The uncertainty is of course Donald Trump, because Trump is increasingly seen as insane. It may well all end in tears, threatening tariffs on Europe one day then delaying it all until July the next. Against this, the Reserve Bank Governor has to work out whether to drop the OCR by 25 or 50 basis points. If it's 50, does that gee us all up and out we go and fire things up? If so, then next thing you know inflation is sparked up. Does he go 25 and hint at another 25, and may even another 25? What does he say about inflation and its uptick already, not just here but globally? Do we have the growth to support any such uptick? Is the uptick driven by actual activity, or still people just putting their prices up? As someone said, who on Earth would want to be Reserve Bank Governor? And our one isn't even under the constant threat of being fired. Thank the good Lord that we indisputably have an export-led recovery of sorts. Meat and wine and kiwifruit are doing the business. But that’...

2025-05-26•1mins

Mike's Minute: The pressure is on Christian Hawkesby

The pressure is on the new Reserve Bank fill-in Governor tomorrow. Although given it’s a committee, in theory he is more of a messenger. It's reported that we have increased calls for a 50 basis point cut. Why? Because things aren't flash. If you read business results in the current reporting season, a lot of commentary tells us the recovery is underway. Things are looking better. We can certainly see that, for example, with retail spending. The numbers produced just last Friday for the opening quarter of the year are up, and in some parts of the sector they're up quite a bit. We have seen manufacturing expanding for several months in a row now. So those are the fact-based statistics. The other measures, like confidence, have dropped. We see people in the doldrums. But that is a vibe. Can you find people who are in the doldrums? Of course you can. But does a vibe lead to a lack of action or a lack of spend? Or do we say one thing and do another? We also read a lot about this “uncertainty”. The uncertainty is of course Donald Trump, because Trump is increasingly seen as insane. It may well all end in tears, threatening tariffs on Europe one day then delaying it all until July the next. Against this, the Reserve Bank Governor has to work out whether to drop the OCR by 25 or 50 basis points. If it's 50, does that gee us all up and out we go and fire things up? If so, then next thing you know inflation is sparked up. Does he go 25 and hint at another 25, and may even another 25? What does he say about inflation and its uptick already, not just here but globally? Do we have the growth to support any such uptick? Is the uptick driven by actual activity, or still people just putting their prices up? As someone said, who on Earth would want to be Reserve Bank Governor? And our one isn't even under the constant threat of being fired. Thank the good Lord that we indisputably have an export-led recovery of sorts. Meat and wine and kiwifruit are doing the business. But that’...

2025-05-26•1mins

#47

#48

Libby Weaver: Biochemist, Author, and Speaker on her new book 'Fix Iron First'

A common deficiency could be holding you back. Iron is the most common nutritional deficiency, both globally and in New Zealand, and it plays a role in everything from energy to brain function and development, thyroid function, and anxiety prevention. Dr Libby Weaver is biochemist, nutritionist, and author, and her latest book ‘Fix Iron First’ delves into the role of iron in the body, and how a deficiency could be impacting your life. She joined Mike Hosking to discuss her research. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-26•12mins

Libby Weaver: Biochemist, Author, and Speaker on her new book 'Fix Iron First'

A common deficiency could be holding you back. Iron is the most common nutritional deficiency, both globally and in New Zealand, and it plays a role in everything from energy to brain function and development, thyroid function, and anxiety prevention. Dr Libby Weaver is biochemist, nutritionist, and author, and her latest book ‘Fix Iron First’ delves into the role of iron in the body, and how a deficiency could be impacting your life. She joined Mike Hosking to discuss her research. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-26•12mins

#48

#49

Todd Hunter: Turners Automotive CEO on the company's record return

Despite the challenging economic conditions, Turners Automotive is standing strong. The company announced a record year to March, returning a profit of $38.6 million – a 17% increase. The result capped off what the company said was a decade of sustainable growth. CEO Todd Hunter told Mike Hosking the secret to sustainable growth is to provide a great environment for their people. He says they then provide a great experience for customers, and the combination of those two things delivers a great experience for their shareholders. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-26•4mins

Todd Hunter: Turners Automotive CEO on the company's record return

Despite the challenging economic conditions, Turners Automotive is standing strong. The company announced a record year to March, returning a profit of $38.6 million – a 17% increase. The result capped off what the company said was a decade of sustainable growth. CEO Todd Hunter told Mike Hosking the secret to sustainable growth is to provide a great environment for their people. He says they then provide a great experience for customers, and the combination of those two things delivers a great experience for their shareholders. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-26•4mins

#49

#50

Full Show Podcast: 27 May 2025

On the Mike Hosking Breakfast Full Show Podcast for Tuesday 27th of May, are police deliberately not investigating retail crimes if the value is under $500? We have a big recycling problem in this country, but we also have some good old Kiwi ingenuity when it comes to old and bruised kiwifruit. Health whiz Dr Libby Weaver is back in studio to talk iron, and whether Mike is as healthy as he thinks he is. Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-26•1hr 29mins

Full Show Podcast: 27 May 2025

On the Mike Hosking Breakfast Full Show Podcast for Tuesday 27th of May, are police deliberately not investigating retail crimes if the value is under $500? We have a big recycling problem in this country, but we also have some good old Kiwi ingenuity when it comes to old and bruised kiwifruit. Health whiz Dr Libby Weaver is back in studio to talk iron, and whether Mike is as healthy as he thinks he is. Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVE See omnystudio.com/listener for privacy information.

2025-05-26•1hr 29mins

#50

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The Mike Hosking Breakfast

Podcast Summary

Mike's Minute: Some good energy news for winter, for once

Mike's Minute: Some good energy news for winter, for once

Pollies: Labour's Ginny Andersen and National's Mark Mitchell talk political polls, fireworks, Sport NZ review, Jacinda Arden's book

Pollies: Labour's Ginny Andersen and National's Mark Mitchell talk political polls, fireworks, Sport NZ review, Jacinda Arden's book

Michael Webster: Privacy Commissioner on Foodstuffs North Island's facial recognition trial

Michael Webster: Privacy Commissioner on Foodstuffs North Island's facial recognition trial

Kali Mercier: Helen Clark Foundation Deputy Director on the report into New Zealand's infrastructure management

Kali Mercier: Helen Clark Foundation Deputy Director on the report into New Zealand's infrastructure management

Rob Nichol: NZ Rugby Players Association CEO on the new R360 rugby competition

Rob Nichol: NZ Rugby Players Association CEO on the new R360 rugby competition

John Harbord: Major Electricity Users' Group Chair on the need for firmer electricity sources

John Harbord: Major Electricity Users' Group Chair on the need for firmer electricity sources

Keith McLaughlin: Centrix Managing Director on fewer people being behind on debt payments

Keith McLaughlin: Centrix Managing Director on fewer people being behind on debt payments

Louise Upston: Tourism Minister on the rise in international visitor spending

Louise Upston: Tourism Minister on the rise in international visitor spending

Listen to your favourite podcasts.

Rod Liddle: UK Correspondent on the UK upping its defence spend

Rod Liddle: UK Correspondent on the UK upping its defence spend

Mike's Minute: The Govt can't rule on 'Run it Straight'

Mike's Minute: The Govt can't rule on 'Run it Straight'

Commentary Box with Andrew Saville and Jason Pine: Warriors, Super Rugby Pacific, Formula 1, IndyCar

Commentary Box with Andrew Saville and Jason Pine: Warriors, Super Rugby Pacific, Formula 1, IndyCar

Adina Thorn: Litigation Lawyer on the increase in Kāinga Ora tenancy terminations, formal warnings

Adina Thorn: Litigation Lawyer on the increase in Kāinga Ora tenancy terminations, formal warnings

Geoffrey Miller: Geopolitical Analyst on the continuing peace talks between Russia, Ukraine, drone attack on Russia

Geoffrey Miller: Geopolitical Analyst on the continuing peace talks between Russia, Ukraine, drone attack on Russia

Christopher Luxon: Prime Minister on the increase number of Kāinga Ora warnings, evictions

Christopher Luxon: Prime Minister on the increase number of Kāinga Ora warnings, evictions

Mark Rocket: Aerospace entrepreneur on being the first Kiwi to make it to space

Mark Rocket: Aerospace entrepreneur on being the first Kiwi to make it to space

Brooke van Velden: Minister of Workplace Relations on the changes to WorkSafe, road cone tipline

Brooke van Velden: Minister of Workplace Relations on the changes to WorkSafe, road cone tipline

Mike's Minute: The Reserve Bank didn't inspire me

Mike's Minute: The Reserve Bank didn't inspire me

Richard Arnold: US Correspondent on Trump's tariffs, Elon Musk leaving DOGE

Richard Arnold: US Correspondent on Trump's tariffs, Elon Musk leaving DOGE

Mike's Minute: Has the political divide gotten worse?

Mike's Minute: Has the political divide gotten worse?

Mark the Week: Trump looks ropier by the day

Mark the Week: Trump looks ropier by the day

Wrapping the Week with Kate Hawkesby and Tim Wilson: First home buyers, Hailey Bieber, Producer Sam's puppy

Wrapping the Week with Kate Hawkesby and Tim Wilson: First home buyers, Hailey Bieber, Producer Sam's puppy

Full Show Podcast: 30 May 2025

Full Show Podcast: 30 May 2025

Ian Woolford: Reserve Bank Director of Money and Cash on King Charles featuring on the 10 cent coin from 2027

Ian Woolford: Reserve Bank Director of Money and Cash on King Charles featuring on the 10 cent coin from 2027

Listen to your favourite podcasts.

Mark Hooper: Federated Farmers RMA Spokesperson on the changes coming to the Resource Management Act

Mark Hooper: Federated Farmers RMA Spokesperson on the changes coming to the Resource Management Act

Kelvin Davidson: Cotality Chief Property Economist on the average age of first home buyers rising

Kelvin Davidson: Cotality Chief Property Economist on the average age of first home buyers rising

James Meager: Associate Minister of Transport on Air New Zealand's flight performance for April

James Meager: Associate Minister of Transport on Air New Zealand's flight performance for April

Billie Moore: Airports Association CEO on Auckland Aiport's domestic airfield upgrade

Billie Moore: Airports Association CEO on Auckland Aiport's domestic airfield upgrade

David Seymour: Associate Education Minister on the fines parents of absent students could face

David Seymour: Associate Education Minister on the fines parents of absent students could face

Rod Liddle: UK Correspondent gives an update on the Liverpool car ramming

Rod Liddle: UK Correspondent gives an update on the Liverpool car ramming

Mike's Minute: Here's my advice for Hipkins and Labour

Mike's Minute: Here's my advice for Hipkins and Labour

Full Show Podcast: 29 May 2025

Full Show Podcast: 29 May 2025

Tami Neilson: NZ Country musician on her Neon Cowgirl NZ tour, new album, NZ Music Award nominations

Tami Neilson: NZ Country musician on her Neon Cowgirl NZ tour, new album, NZ Music Award nominations

Sandra Grey: Tertiary Education Union's national secretary on the number of international students enrolled in polytechs

Sandra Grey: Tertiary Education Union's national secretary on the number of international students enrolled in polytechs

Christian Hawkesby: Acting Reserve Bank Governor on the OCR cut, future developments

Christian Hawkesby: Acting Reserve Bank Governor on the OCR cut, future developments

Eric Crampton: NZ Initiative Chief Economist on a new fast track plan to introduce competition to the supermarket sector

Eric Crampton: NZ Initiative Chief Economist on a new fast track plan to introduce competition to the supermarket sector

Christopher Luxon: Prime Minister discusses the OCR cut, superannuation, public service leaks

Christopher Luxon: Prime Minister discusses the OCR cut, superannuation, public service leaks

Mike's Minute: Christian Hawkesby's difficult job today

Mike's Minute: Christian Hawkesby's difficult job today

John Roberts: Director of Muttley's Estate on the first shelf stable pet friendly wine

John Roberts: Director of Muttley's Estate on the first shelf stable pet friendly wine