Avsnitt
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At the end of each week, Mike Hosking takes you through the big-ticket items and lets you know what he makes of it all.
Anthony Albanese: 8/10
Better than anyone, and I suspect even he, expected.
Nigel Farage: 8/10
Better than anyone, and I suspect even he, expected.
Donald Trump: 6/10
Between the redecorating tips, the movie move, the GDP going backwards, Mark Carney, whatever the Middle East announcement is, the deals he wants to do, the deals he doesn’t want to do, his withdrawal of another nomination, defunding of public broadcasting, his outrage over the Emmy nod for the interview he's suing over, plane loads of illegal's to Syria, Lord knows how many court cases - and that’s just this week! Have you ever seen a more omnipresent international player?
Erica Stanford's email: 2/10
The biggest time-wasting nonsense of the week.
Adrian Orr's farewell: 4/10
The saddest thing you ever heard. $6,000 for water, juice and biscuits.
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Two entrepreneurs are bringing Kiwi ingenuity to the world stage.
Dan Wallace and Anthony Clyde, co-founders of Velduro, have won gold at the 33rd Annual China International Bicycle Fair.
Their ‘super light carbon’ e-bike beat out 600 other bikes for the prize.
Wallace told Mike Hosking they entered the bike in February in the hope they would get some recognition and to put New Zealand on a bit of a stage.
He says they found out the day they arrived that they’d won an award – and he got to stand up on stage surrounded by some pretty big leaders in the industry.
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Saknas det avsnitt?
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In the NZR press release yesterday, Chairman David Kirk and CEO Mark Robinson did their best to infer that life financially for the sport is sensational.
Despite the fact it isn't.
They lost money, almost $20 million. And they lost money the year before that as well.
Kirk ran the line that it was not a cash loss and that they had $170-ish million in reserves.
They also spruiked the fact that they were pulling in record revenue.
Now, I am a conservative when it comes to money. The fact they pulled in record revenue and still lost money is your real news, because if you can't make dough when you're raking it in, your model is broken.
Mark Robinson admitted as much by saying "there was further work needed to achieve a sustainable financial model".
This is no different to your household budget.
You had a pay rise, brought some good coin into the house, but you are still not getting ahead. Then you reassure yourself that although you got a pay rise, but spent it all and then some, don't worry – we still have the savings account.
The trouble for people like Kirk and Robinson is everyone is an expert. We all run rugby and, in a way, that is a good thing. We are not short of interested parties.
But what you can't argue with is the market rugby plays in. The global sports market is booming. The money out there for elite sport is eye-watering and NZR's revenue uptick indicates they might be seeing a bit of that.
But the simple truth is if you can't bank the buck in the golden years, you will be killed in the lean ones.
The experts who text me will tell you Robinson is a fool, women's rugby is a drain, and the provincial unions are run by people called Bruce who still drink handles of beer every Friday night with their shirt fronts hanging out.
But what all of that florid verbiage from the well-intentioned doesn’t address is the really big important question.
If you can't make money from your national game, either no sport can make money (which we know not to be true), or something is wrong with the way the national game is run.
If you're still in the red when it's raining money and your press releases have a desperation about them, someone needs to be held to account.
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On the Mike Hosking Breakfast Full Show Podcast for Friday 9th of May, we got the white smoke, and the cardinals have elected Robert Prevost to become the next Pope. He's the first American Pope and will take on the name Leo XIV.
NZ Rugby have had their third full year financial loss in a row, despite record revenue. CEO Mark Robinson is on to explain whether the model, or something else, needs to change.
Kate Hawkesby and Tim Wilson play a fun new game that Mike invented and discuss the new radio station that launched today as they Wrap the Week.
Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts.
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Kate Hawkesby and Tim Wilson are back with Mike Hosking to Wrap the Week that was.
New Zealand finally has a radio station that caters to Mike’s taste in music, with iHeartCountry NZ launching this morning.
Plus, Kate and Tim played a game of Mike’s invention for the chance to win a cash prize.
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New Zealand Rugby has posted a $19.5 million loss for 2024.
Since NZR brought US fund manager Silver Lake on as an equity partner in June 2022, the national body has posted total accumulated losses of around $76 million over three years.
NZR is trumpeting record income of $285 million dollars against the loss.
CEO Mark Robinson told Mike Hosking that much of the deficit is as a result of investment, and putting all those aside, the deficit is just under $6 million over the last four years.
He says that they’re making choices to fund investment and growth for the future, and you can see some green shoots coming through.
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New Zealand banks are being asked to pay up in the next few months.
Kiwibank, BNZ, Westpac, ANZ and ASB will need to repay around $9.2 billion in cheap Covid-era loans to the Reserve Bank.
Infometrics Principal Economist Brad Olsen told Mike Hosking that they have variety of options they can use to repay the money.
He says the banks knew when taking out these loans they’d have to pay them back eventually.
Olsen told Hosking that if they’re not ready to pay them back, they probably don’t qualify to be called bankers at this point.
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The Government's scraped the bottom of the barrel to find more money for the upcoming Budget.
Prime Minister Christopher Luxon's promising an extra $400 million for maintaining and upgrading assets, on top of the already projected $3.6 billion.
He says he wants to prioritise growing the economy.
Infrastructure New Zealand Policy Director Michelle McCormick told Mike Hosking things are looking up after the investment summit earlier this year.
She says things are happening in the background, including creating a more positive investment environment.
McCormick says that while it's breadcrumbs, it's positive news.
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The new Pope's experience around the globe has hoisted him above front-runners for the papacy.
69-year-old Robert Prevost, who will be known as Pope Leo XIV, is the first Pope to come from the United States.
While he was born in Chicago, he's also a naturalised Peruvian having lived there for about 20 years, and speaks English, Spanish, and Italian.
Newstalk ZB's Jo McKenna is at the Vatican and told Mike Hosking his history in Peru would've drawn support from South American cardinals.
She says he’s strongly pushing messages of connection, talking in his speech about peace and maintaining the message of Pope Francis of reaching out to all corners of the earth and creating an inclusive church.
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The Government's planning to increase ventilation requirements in new homes to address overheating in townhouses.
RNZ reports Auckland homeowners have complained of 30-degree temperatures overnight due to poorly ventilated buildings.
Building and Construction Minister Chris Penk says changes are needed so people don't get cooked alive in their own house.
Property developer and investor David Whitburn told Mike Hosking the problem's driven by cost and design.
He says the building code has changed for insulation standards, while ventilation rules have stayed the same.
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Donald Trump's tariffs continue to loom over the film industry.
The New Zealand Film Commission is embarking on an international trade mission of its own.
The team is headed to India, the UK, and France to look for new investment partnerships and international productions.
Chief Executive Annie Murray told Mike Hosking co-production is on the rise, despite the tariffs.
He says there's a lot of business happening and they're looking ahead to Cannes, where they'll conduct more meetings to grow the industry.
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Red meat exports are setting records.
The country's March export sales were $1.26 billion - a new high.
China's beef demand dropped 35% by volume and value compared to last March, due to their growing imports from South America.
Fed Farmers President Wayne Langford told Mike Hosking there's still room to expand.
He says there's work to do for farming marketing and trade teams to get deals across the line with Chinese red meat importers.
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An organised crime expert believes New Zealand's failure to curb criminal activity isn't due to a lack of trying.
A ministerial advisory group has released its second report criticising our response to modern crime and money laundering.
It shows the cash and assets seized by police is just 4.2% of the $1.6 billion in criminal profits each year.
Group Chair and top lawyer Steve Symon told Mike Hosking Police are doing an excellent job addressing the problem and just need more tools.
He says the number of seizures is fine by international standards, but not enough to properly disrupt operations.
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On the Mike Hosking Breakfast Full Show Podcast for Thursday 8th of May, our unemployment numbers look to have peaked, and we have the latest report from the advisory group for organised crime.
Would you be happy if Mark Lundy moved into your neighbourhood? Should we know where a high-profile prisoner is reintegrating back into society?
Outgoing Air NZ CEO Greg Foran gives his first in-depth interview since announcing his resignation.
Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts.
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Greg Foran knew his time with Air New Zealand was limited from the get go.
The outgoing CEO announced his resignation in March, planning to stay on until October.
He began at Air NZ in early 2020, replacing Christopher Luxon.
Foran told Mike Hosking he knew in the back of his mind he’d probably only do about five or six years with the company, as he has other things he’s keen to do.
He says it’s been one of the peak learning experiences he’s had, and he’s a far better leader today than he was before he took the job.
He also weighed in on the country's tourism numbers.
He's been in Rotorua this week for the national tourism industry summit, TRENZ.
Foran told Hosking overseas visitor arrivals last year were only 87% of pre-Covid levels in 2019.
He believes by this time next year, numbers will be back over 100% compared to pre-Covid.
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A $1.4 billion upgrade could be on the way for Transpower's Cook Strait electricity cable.
The 610 kilometre link is a transmission system connecting the North and South islands, installed in 1991.
The existing cables are likely to reach their end of life in the late 2030s.
Energy Resources Aotearoa CEO John Carnegie told Mike Hosking the Commerce Commission will need to review that.
He says they’ll need to ensure the numbers are robust and the programme executable.
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Black smoke has billowed from Rome's Sistine Chapel, signalling a new pope's failed to be elected.
The 133 cardinals will now reconvene tomorrow to choose a successor to Pope Francis.
Jo McKenna, who's in St Peters' Square, told Mike Hosking they went up until about 9pm local time.
She says many of the cardinals are elderly and have to come back in the morning.
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It's expected twice-convicted double-murderer Mark Lundy will be slipped back into the community.
He's been released from prison after more than 23 years for the murders of his wife Christine and 7-year-old daughter, Amber, in their Palmerston North home.
The now 66-year-old has always maintained his innocence
Criminal lawyer Steve Cullen told Mike Hosking where parolees are released is never made public.
He says there'd be a risk of vigilante groups or media throngs if it was.
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The Finance Minister admits many Kiwis aren't getting as much work as they'd like to be.
Unemployment has remained unchanged at 5.1% in the March quarter, despite most economists predicting a rise.
However, 21% of employed people are now working part time.
Nicola Willis told Mike Hosking the ongoing rise in the under-utilisation rate is a concern.
She says it's clear that some people are going into part time work rather than full time work, and aren't working as many hours as they'd like to be.
Willis says she'd like to see those numbers improving.
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Kristine Bartlett was, to many, a hero.
She was a very likeable woman. She was a caregiver who argued her work was undervalued and she deserved more.
The Labour Party who love “feels” and are not exactly unfamiliar with the unions leapt all over it and the Equal Pay Act 2022 was born.
The downside was how to compare this so-called "underpaid work" like in nursing homes, where women dominate and a comparable profession dominated by men.
They decided at the time comparing mechanics to rest home workers made sense, even though it didn’t, and doesn’t.
That's why Brooke van Velden has announced pay equity is going to be, quite rightly, tipped up and sorted out.
Now, whether you can sort it out sensibly is your next issue.
Under current law the job must be performed by at least 60% of the same sex. That will rise to 70%.
On grounds that lead you to believe that the work is historically and currently undervalued you will need evidence, and they are looking at comparators. That's your apples and oranges, or rest home workers and mechanics.
The trouble with the Bartlett issue was twofold.
1) Part of the argument was if you paid people more you would recruit more easily. Turns out that’s wrong as after huge pay rises rest home gaps are still a disaster
2) The bill to reach this so-called equity was $2b. That's a lot of money then and a lot of money now.
I wish van Velden well. But the simple truth is the moment you try to engineer something, you tend to strike trouble.
Work is worth what work is worth, no matter who does it.
Some work pays more than other work. It's based on demand, or skills, or sales and revenue, or scarcity, or demand, or a combination of them.
Given no one makes anyone work in any given area, you strike extraordinary complexity in trying to gerrymander it.
It also singles out just one element of work —money— as being the sole reason for work. Which it isn't.
What we have doesn’t work, hasn’t solved anything and was done for poor reasons.
So reform is good. But reform to what is a bigger trick than they may realise.
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- Visa fler
