Avsnitt
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The problem with Red Bull and Liam Lawson is several fold.
One, the most egregious part is, if the reports are true, that Honda offered another $10 million to get their man Yuki Tsunoda in the seat. This is not new, they have done so before but were rebuffed.
Two, next weekend would be the first track Liam had actually driven on previously. Red Bull would have known this when they hired him. To have two races on unknown tracks is pretty tough.
Three, they hung in with other drivers who struggled a lot longer than two races. So suddenly the harshness has reached a new level and probably reflects an internal level of panic given the performance of other teams.
Four, they know Liam can actually drive the car. They saw it, they tested him, and he can do it. So, they are not guessing. They took a punt on him but not a blind punt.
So, you then have to look at the damage you are doing to a young driver and his confidence.
Yes, he is still in F1 and yes, the Racing Bulls are improving on what they did last year, but he will never win mainly because Racing Bulls is a feeder team to Red Bull, so they are not allowed to win.
Red Bull also carry responsibility for building a car that doesn’t work. Even Max Verstappen, the driver of his generation, is having trouble.
So Liam goes to a mid-field team to do what? Hopefully perform well to then be lured away to someone who can offer the hope of better prospects.
As exciting as living a F1 dream is, turning up each weekend to come 13th can't be that much fun after a while.
The cutthroat part though is life. The good thing about motor racing is they have been in it since they were kids. They have been schooled in winning and losing and in victory and failure.
Liam has had Helmut Marko in his ear forever. It's a tough and unforgiving business. But that’s the keyword, business. They aren't in it because they like you, they are in it to use your talent for as long as you are useful.
The reward is if you're good you get rich, famous, collect trophies, buy a place in Monaco, and live your dream.
If you're okay, you drive for Alpine or Sauber, travel the word, and get moderately wealthy.
It ain't over, but your heart goes out to a bloke who was that close.
He seems sadly to be on the end of some poor management, ruthless ethics, and the cold reality of elite sport.
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This summer was one to remember for the cherry industry.
Exports have hit a new milestone, surpassing five thousand tonnes.
The previous record was about 4,200 tonnes in the 2017/18 season.
Summerfruit New Zealand CEO Dean Smith told Mike Hosking exports were not only high, but also of high quality.
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Saknas det avsnitt?
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Is there anybody who doesn’t know the name Bob Geldof?
Along with the Sex Pistols and the Clash, Geldof and the Boomtown Rats are attributed with changing the face of music.
A significant part is due to the Live Aid concert and Geldof’s activism – which is part of the reason he’s made his way to our shores.
Geldof has a couple of dates lined up in New Zealand, coinciding with the 40th anniversary of Live Aid and the 50th anniversary of the Boomtown Rats.
The show’s called ‘An Evening with Bob Geldof: Songs and Stories from an Extraordinary Life’, and it’s a slightly different type of show than he normally performs.
Geldof told Mike Hosking that it leans more theatrical, with visuals and songs accompanying the storytelling element.
“It’s not something I’d normally do,” he continued.
“In the summer, as you said, the Rats are 50, we do all the big festivals and then we're talking off mic about, y'know, suddenly Bobby Boomtown's in the house."
"The sagacious quiet person you're listening to right now becomes something else.”
This show is set to be a bit less intense, Geldof jokingly warning people to bring a sleeping bag as the stories may go on for a while.
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On the Mike Hosking Breakfast Full Show Podcast for Thursday 27th of March, the banks are continuing to call for capital rules to be eased. But Massey University banking expert Claire Matthews is warning against it.
We get reactions to the new sentencing and drug driving testing laws coming into place.
Fonterra's CEO Miles Hurrell defends the proposal to sell of the company's consumer brands, like Anchor.
And the iconic Bob Geldof is the country for his stage show - so he joined Mike in studio for a chat.
Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts.
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Fonterra’s elaborating on the details of their consumer brand sell-off.
The conundrum comes off the back of a monster half year result in which operating profit rose to 16%.
The planned divestment could see brands like Anchor and Mainland sold off.
CEO Miles Hurrell told Mike Hosking the key for any good business is knowing what you’re good at.
He says that over the years, the returns as an ingredients business have been stellar, but farmers aren’t getting the desired return on capital from the consumer side of things.
He says they believe they can get higher returns from investing that cash back into ingredients and food service.
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Liam Lawson's future at Red Bull in Formula 1 remains gridlocked by speculation.
Reports suggest Racing Bulls driver Yuki Tsunoda will swap with Lawson for the Japanese Grand Prix next weekend, joining defending world champion teammate Max Verstappen.
Lawson's opportunities have been slim on unfamiliar tracks in a new car thus far, one of which was in the wet at Melbourne.
Formula 1 Journalist Chris Medland told Mike Hosking Red Bull has likely decided to make a change before the situation becomes irreparable and damages Lawson’s confidence too much.
From his point of view, they should have had the more experienced Tsunoda in instead, as he has nothing left to prove and whereas Lawson still has more learning to do.
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There's confidence roadside drug testing won't pick up prescription drugs.
Legislation giving police powers to do random saliva tests has passed its third and final reading in Parliament.
Police should be ready to use tests late this year.
Transport Minister Chris Bishop told Mike Hosking there will be two tests at the roadside.
He says it will be testing for cocaine, ecstasy, and marijuana.
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The Law Association is calling the recent passing of sentencing law changes a great example of democracy in action.
The new law caps the sentence discounts judges can apply at 40% and adds new aggravating factors.
Law Association Vice President Julie-Anne Kincade told Mike Hosking issues raised —such as the wish to see the sentencing reduction proposals softened— were taken on board.
She says many select committee submitters shared similar concerns, and these seem to have been reflected.
But Kincade says they're concerned about how the new laws will increase the populations of our already full prisons.
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A careful balancing act on how far banks should have to go to prepare for a rainy day.
Parliament's Finance Select Committee is currently seeking feedback on whether the Reserve Bank's capital requirements for banks should be changed.
The current rules are stringent and costly.
Massey University banking expert Claire Matthews told Mike Hosking we also can't go too far the other way.
She says if a bank fails, and there isn't enough money to pay people out, that will have a huge impact on the whole economy.
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Lindsay McKenzie is still busy at work.
You will have forgotten the name because like so much news these days, it's hot stuff until it isn't.
Lindsay is the bloke that was appointed to watch over Wellington Council because of their dysfunction.
He has just written his second report. His first report seemed sort of sympathetic. Yes, they were a mess, but they were decent people sort of thing.
His second report seems to suggest not a lot is getting better. Some councillors have continued their criticism of each other and officers are suspected of leaking information, writes Lindsay.
He also says the community is at its wits end over infrastructure although most of that comes from the same complainers.
He has also noted since his first report there have been several incidences that have given rise to concerns about the organisations ability to function.
Now, the question I have is, given the place is still to be found wanting, what next? You might remember Minister Simeon Brown put this bloke in as the least intrusive option, as opposed to a full commissioner or set of commissioners.
So far, so bad. So, is the government going to do anything? Or is poor old Lindsay set to write reports for the rest of his life?
In the report though is a nugget of gold. He recommends a review of the Local Government Act in relation to the qualification for and capability to hold office.
Yes, yes, and yes please.
Let's actually treat these jobs as jobs as opposed to dabbles, fascinations or fiefdoms. Let's actually require people to have some skills.
The idea you can just put your name forward for a job of such responsibility is absurd beyond belief and when any idiot can have a crack, guess what you get? Wellington is what you get.
Let's get a bit professional, let's put a bit of heft behind the job, and let's get some talent in the room.
I have no doubt this is going nowhere, because why would you fix anything when you can ignore it? But if that was run with, Lindsay would deserve, if not a knighthood, certainly keys to a vastly better run city.
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Labour's admitted the gang patch ban hasn't turned out as badly as they feared.
The Deputy Police Commissioner has confirmed staff are pleasantly surprised at the ban's effectiveness, saying it's brought more control to the situation.
It comes as Gisborne police are given more powers to deal with gangs.
Labour police spokesperson Ginny Andersen told Mike Hosking the fact it's gone well is a good thing.
She says given fears haven't eventuated of frontline officers getting hurt, she can recognise it's gone better than everyone thought it would.
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On the Mike Hosking Breakfast Full Show Podcast for Wednesday the 26th of March, the national stadium debate is continuing to drag on - and Rugby World Cup CEO Martin Snedden is calling for some action.
The government has written to Labour and the Greens asking for cross party support for its RMA reform - Mike asks Chris Hipkins whether Labour will get on board.
And Mike loves the idea of people needing a qualification to be able to become a local councillor or Mayor.
Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts.
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Employment confidence has bottomed out.
The Westpac-McDermott Miller index shows it's slipped to a level not seen since the post-2020 Covid lockdowns.
It's fallen in four of 11 regions —including Auckland— which dominated the national average.
EMA Head of Advocacy Alan McDonald told Mike Hosking business is still doing it hard, directly impacting the ability to hire and expand.
He says more than 60% of firms let staff go within the last year.
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Labour leader Chris Hipkins says compromises will need to be made in reforming the Resource Management Act.
The Government's replacing the Act with a new planning framework, including rules around land development and environment protections.
It's seeking cross-party support.
Hipkins told Mike Hosking the country's administration can't keep putting infrastructure projects on hold.
He says that if there are projects underway, even if they’re not the administration’s first choice, they’ll keep doing them.
Labour also wants clarity around the Treaty of Waitangi's role in the reform.
Cabinet's decided on ruling out incorporating a Treaty clause in the legislation, despite the Expert Advisory Group recommending the current clause be carried over.
Hipkins told Mike Hosking they want to make sure Treaty settlements are respected.
He says saying you want to respect the Treaty but then saying you don't want to put it into law is contradictory.
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A leading Australian economist says more focus needs to be put on productivity to pull Australia out of a deficit.
The federal Budget announced yesterday included tax cuts and cost of living relief for households.
HSBC Chief Economist Paul Bloxham told Mike Hosking with big spending measures announced in the lead up to the election, deficits to the tens of billions are forecast for years to come.
He says the best way to change that is to boost Australia's slumped productivity, which is at the same level as it was in 2016.
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There's a belief the bigger problem with Auckland's stadiums is not having the right sized venues.
Councillors are set to vote tomorrow on whether to back Eden Park 2-point-1 or build a new Quay Park site.
The latter project can be scaled down to 20-thousand for smaller events, from 50-thousand for big ones.
But Rugby World Cup 2011 chief executive Martin Snedden told Mike Hosking they can't keep putting smaller events like test cricket into big stadiums.
He says even if they build the new stadium and it gets five-thousand people to smaller games, they'll have the same problem.
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The Police Deputy Commissioner says staff are pleasantly surprised at the effectiveness of banning gang patches.
Rival gang tensions in Gisborne mean officers have just been given extra powers to search and impound vehicles and seize weapons, following eight incidents in a week.
Tania Kura told Mike Hosking the gang patch ban has been really good for them.
She says it's brought more control to the situation, with staff admitting it's probably gone better than they thought.
However, Kura says this doesn't mean they can rest on their laurels either.
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French actor Gérard Depardieu's gone on trial – charged with sexually assaulting two women on a film shoot four years ago.
About 20 other women have also accused the 76-year-old of improper behaviour, but this is the first case to come to court.
He's the highest-profile figure to face accusations in the French response to the Me Too movement.
Paris Correspondent Catherine Field told Mike Hosking his has been a long time coming.
She says he's such a giant in the industry, so the courts have shied away despite previous allegations.
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June 2026 is not far off.
In fact, it's next year and next year is election year.
By that time, it is being reported, the interest on our national debt will be $11b.
Do you see how this works?
Not long ago the warnings were issued that it might reach $10b and at the time, it was pointed out that that is multiple times more than the Police budget.
That's just in interest. Once we pay the $10b our debt doesn’t diminish. It's exactly the same. We have gone nowhere. We've just kept the wolf from the debt door for another 12 months.
Well, the $10b has gone and we are now heading for $11b.
Why?
Because as the Finance Minister keeps warning, and she is doing this because the budget is close, the cost of borrowing is going up.
Why?
Because we are a greater risk. Risky people who want money have to pay a higher price. It's why credit card debt is more expensive than mortgage debt.
The Government sells bonds, they ask for money and in return they will give you interest. For you to give them that money you want a decent return.
The last time they put some 10 year bonds out they were paying 4.62%. That’s a big interest bill on billions of dollars.
Remember also that they are adding to that debt pile each and every year until they reach an annual surplus. Even if they reach an annual surplus, which they aren't going to now for years, all you have achieved is not adding to the pile of debt.
Even if you add not one more dollar to the debt, the debt doesn’t shrink. It demands another $11b from you to pay the interest bill.
The mistake that is often made is we look to other countries and go "look, their debt is more than ours", either in dollar terms or as a % of GDP. What isn't pointed out is how small and vulnerable and unable we are to grow our way out of that.
We owe a lot and ratings agencies, although not alarmed, are alert.
This Government were left with a shed load of debt from an economically criminal previous Government.
And that bill is about to hit $11b a year, or over $30m a day.
Every day, forever.
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It’s been 17 years since Pete Murray last graced Kiwi stages.
The 3x number one album selling Australian singer-songwriter has announced a 55 date tour in Australia – including four stops in New Zealand.
He’ll be in the country next month, bringing just himself and his guitar.
Murray told Mike Hosking that although he last performed here 17 years ago, he’s made the journey across the ditch much more recently.
“Loved New Zealand, getting back over there and holidaying with the family just recently too,” he said.
“In fact, when Covid hit a few years back, I got the last flight out of the place back to Australia.”
Murray joked that they were probably disappointed to get the flight, saying it would’ve been nice to stay in the country during lockdown.
But he told Hosking that 17 years without performing here is too long.
“I’m going back to correct that now, so, looking forward to it actually.”
“It’s going to be good fun.”
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- Visa fler
