March 24, 2026 • 10 mins
THE BEST BITS IN A SILLIER PACKAGE (from Wednesday's Mike Hosking Breakfast) Better Than No Spray?/Better Than a Firehose?/It's Over Anyway/AI Update
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Speaker 1 (00:09):
You're listening to a podcast from News Talk sed B.
Follow this and our wide range of podcasts now on iHeartRadio.
Speaker 2 (00:24):
The Rewrap.
Speaker 3 (00:25):
Okay, there, welcome to the Rewrap for Wednesday. All the
best bits from the Mike Hosking Breakfast in a Sillier package.
And this morning the war is I'm clean Hart, by
the way, and the war is over.
Speaker 4 (00:40):
I'm just I'm very anxious to tell you that. So
that's good.
Speaker 3 (00:46):
And then that comes from straight from Trump, So I
mean he would know we're going an AI update for you,
just a quick one. But before any of that, this
fuel tax break hand out thing, what is it?
Speaker 4 (00:59):
Exactly? Question?
Speaker 5 (01:00):
How many ways can you slice the petrol handout? Answer?
Speaker 4 (01:02):
Many? Clearly.
Speaker 5 (01:03):
The government has been commended I think on restraint, and
I hope that message of restraint has sunk into us
who think we have money forever, money on trees. Debt
is never to be paid back in Hipkins, Robinson and
adernwith economic geniuses, Fitch has provided the wake up call.
The bill on interest alone for our debt is heading
towards ten billion dollars a year. We have no room
(01:24):
to move. We commend them too, I think on the
three hundred and seventy million coming out of the operating budget.
In other words, no new borrowing, but it's downhill. I'm
afraid from there. Fifty dollars a week for a year
or until ninety one is three dollars for four weeks.
And in that random mechanism is the weakness of not
only government but relying on government. What is targeted about
fifty dollars for certain people based on fuel price. How
(01:47):
many of those people getting fifty dollars drive an EV
and their fuel bill is completely unaffected. How many don't
use fuel anyway, no matter what the cost. What about
the city dwellers. We walk a lot. I drive, for example,
twelve k's a day, sixty a week. If I do,
say ten liters per hundred, that's six ish liters. Let's
call it ten thirty five forty five dollars a week
for fuel. I'm winning the government. Suddenly, Government's suddenly paying
(02:10):
my fuel bill. That's nuts. The people affected by fuel
are the people who travel the distance. It's got nothing
to do with income. It's miles. But a government can't
hand out money in that way. So how targeted is this? Actually? Yes,
low incomes are affected in greater percentage terms when prices rise,
but only if the price is a major for you.
Petro might be more expensive, but it's only a burden
(02:31):
if you actually use a lot of it. Money is
going to people who we have no idea whether they
actually need it, because the mechanism that drives the support
is all wrong. But what are they to do? The
truth is this is the best of a series of
bad options. Cap the fuel tax. A lot of people say, sure,
millionaires get ferraris full of gas cheaper. It is the
weakness of having a populace who have come to rely
(02:53):
on a government too heavily. Itches are scratch for political ends,
not economic solutions. This looks more like a dart board
gesture than an actual economic solution.
Speaker 3 (03:02):
So yeah, there's a small spray better than no spray.
Speaker 4 (03:06):
If it's a wide spray, the rewrap one, thanks for sure.
Speaker 3 (03:11):
Some people aren't very happy that they're not getting sprayed enough.
I think that's what's going on here with some of
the maths that people are trying to do.
Speaker 5 (03:18):
Mike, you're incorrect. All you people doing the GST think,
come on, help me out here. So you're going, But
there's more money in GST.
Speaker 1 (03:25):
Yes there is.
Speaker 5 (03:26):
So you've got one hundred bucks to spend and suddenly
you're spending more on petrol. So yes, the GST take
goes up on petrol, but you're spending less elsewhere. Work
it through, and that's before you get to the drop
and demand on petrol. Not everyone's doing the same on petrol.
People are saving money on petrol, therefore they're spending less.
Therefore the GSC. This all came out yesterday, was explained
(03:47):
bloody hell.
Speaker 3 (03:48):
So he's getting a bit frustrated there because the previous break,
somebody had well a lot of people actually had been
trying to claim that the rate of the fuel tax
of the government makes when the petrol prices are high,
increases and so they're better off. But of course Mike
had to point out that that's not true because the
field in the amount of fuel tax is set at
(04:11):
a certain amount of perlater and any price above that
is just the cost of the petrol. But then that
person is right about the GST that does increase about it.
I think Mark Mike's point was that nowhere there as
much as the fact that people are loose using U
Oh my god.
Speaker 4 (04:30):
I hate doing I hate doing petrol maths.
Speaker 3 (04:34):
It's the worst a rerap and of course it's not
how when countries light Slovenia do the mass and at
equals three.
Speaker 4 (04:43):
The one and one, I mean, you know, do you
know what I mean?
Speaker 5 (04:46):
Slovenia headline Slovenia first EU country to introduce fuel rationing problems,
and the detail is always the key problem is they
have capped petrol prices anyway, so they're falsely low and
their so called rationing is ration to fifty liters a day,
(05:11):
so you go in today for fifty, tomorrow for fifty,
the next day for fifty, the following day, every day
for fifty liters. So, in other words, unless you're a very,
very very heavy user, this isn't even a thing. They've
got problems with Austria because Austrey you don't cap their
petrol prices. All the truck drivers from Austria go across
the Slovenia fill up on the cheap, and suddenly the
gang hold on, how come they're all coming across to
(05:32):
fill up on the cheap. Well, recently, filling up on
the cheap is because you're artificially messing with your market,
you idiots. So anyway, So when you see that headline
as usual, it ain't quite what they make it out
to be.
Speaker 3 (05:43):
Anybody would think they just do these headlines to get
people to click on their stories and some more advertising
around the content. Outrageous rerap Right, as I mentioned briefly
at the beginning of the podcast, war was over.
Speaker 4 (06:01):
It's been one. Everybody can care up and go home. Right.
Speaker 5 (06:05):
They're just busy signing Mark wayn mullen. And he's the
latest appointment, of course, after what's the name got sacked
the other day. Anyway. More importantly, he's finally been asked
about the war.
Speaker 2 (06:16):
Pretty much everything they have is gone. I don't know,
can you name one thing that's not gone, or can
you name one thing that's doing well. You know, if
you read the papers, you think we're tired, you think
we're in a tough battle. We are roaming free over
Tehran at the city Terhin as opposed to Iran. We're
roaming free. We can do whatever we want. And as
(06:39):
you know, today we were going to have the privilege
of shooting down a very big electric generation plant, one
of the biggest in the world, and one shot to
the right location ends the plant. It collapses and we
held off based on the fact that we're negotiating.
Speaker 5 (06:55):
Doesn't really advance the story much, does it, if you're
looking for some sort of I don't know, reassurance from
the highest levels of power.
Speaker 4 (07:02):
It's funny, isn't it.
Speaker 3 (07:02):
How sometimes he comes out and you're actually at least reassured.
Speaker 4 (07:07):
After he's finished speaking than you were before he started speaking.
Speaker 3 (07:14):
Really not clear exactly how he gets himself out of this.
Apparently Iran's given him a presence. It's a significant present,
says prize present. It's something to do with oil and gas.
It's not nuclear, but he won't tell us what it is. Like.
Speaker 5 (07:36):
Trump's a nuts. He's obliterated one hundred percent of the
Iran military. But and this is the problem, and saying
you've obliterated everything. Who's firing the missiles at Israel? Right now?
Who are they?
Speaker 4 (07:46):
Is that?
Speaker 5 (07:47):
Ben and Bob? I mean, for God's sake, it's just
the whole thing's absurd. He needs something more material. He's
tried the jawbone, and the jawbone worked until it didn't.
He's got to get he's got to start talking about
the peace deal. We know nothing about that. Apparently, it's
in Pakistan with Kushner and Witkoff and JD rolls in
(08:09):
to close the deal. I don't know whether any of
that's real or not, but he needs something material to happen,
so and he can't keep talking about the war because
no one's interesting, no one's actually interested in the war.
I don't know if he's realized that either no one
cares about Iran. They didn't care about Iran to start with,
and they don't care about it now. They don't care
about Gaza, they don't care about Syria, they don't care
about a Rak, they don't care about Afghanistan. What people
(08:31):
care about all over the world is the price of
petrol and there costable living being blown up the spout.
Speaker 4 (08:37):
And you can't argue with that.
Speaker 3 (08:41):
If only Mike Hosking was in charge of everything, That's
what everybody always sees all the time, isn't it if
only the rerap All right, we're going to finish up here,
find out how that AI apocalypse is going. Is AI
coming for your job?
Speaker 5 (08:55):
Well, it depends if your job is this anthropic. This
morning is trialing a feature that lets you send prompts
to Claude from your smartphone and then Claude will complete
that task on its own on your computer, so it'll
open the apps on your computer, it will navigate a
web browser, it'll fill in spreadsheets after you tell it
(09:16):
to do that. And that's where were.
Speaker 3 (09:18):
I can't wait for these podcasts to be all recorded,
edited and published by the time I get home. Thank you, Claude.
Lord seems to be busy. It seems to be the
busiest one at the moment. Everybody's into Claude. Skott News
UK kept repeating a story this morning. There's a guy
(09:41):
who's using Claude to create an AI impulancer who goes
back in time and interviews people you know at famous
events and in famous placess like POMPEII around the time
of the eruption.
Speaker 4 (09:57):
That sort of thing.
Speaker 3 (09:59):
Something you want to watch? Is that something he should
be spending his time on. It seems to be making
enough money out of it to have a nice coffee machine. Anyway,
from the article, oh AI, how we welcome you with
open arms? I am a glen hat. Tomorrow's episode may
be brought to you by AI, but you'll never know.
Speaker 4 (10:20):
Maybe this one was see you then or will I.
Speaker 1 (10:30):
For more from News Talk st B. Listen live on
air or online, and keep our shows with you wherever
you go with our podcasts on iHeartRadio
You're listening to a podcast from News Talk sed B.
Follow this and our wide range of podcasts now on iHeartRadio.
Speaker 2 (00:24):
The Rewrap.
Speaker 3 (00:25):
Okay, there, welcome to the Rewrap for Wednesday. All the
best bits from the Mike Hosking Breakfast in a Sillier package.
And this morning the war is I'm clean Hart, by
the way, and the war is over.
Speaker 4 (00:40):
I'm just I'm very anxious to tell you that. So
that's good.
Speaker 3 (00:46):
And then that comes from straight from Trump, So I
mean he would know we're going an AI update for you,
just a quick one. But before any of that, this
fuel tax break hand out thing, what is it?
Speaker 4 (00:59):
Exactly? Question?
Speaker 5 (01:00):
How many ways can you slice the petrol handout? Answer?
Speaker 4 (01:02):
Many? Clearly.
Speaker 5 (01:03):
The government has been commended I think on restraint, and
I hope that message of restraint has sunk into us
who think we have money forever, money on trees. Debt
is never to be paid back in Hipkins, Robinson and
adernwith economic geniuses, Fitch has provided the wake up call.
The bill on interest alone for our debt is heading
towards ten billion dollars a year. We have no room
(01:24):
to move. We commend them too, I think on the
three hundred and seventy million coming out of the operating budget.
In other words, no new borrowing, but it's downhill. I'm
afraid from there. Fifty dollars a week for a year
or until ninety one is three dollars for four weeks.
And in that random mechanism is the weakness of not
only government but relying on government. What is targeted about
fifty dollars for certain people based on fuel price. How
(01:47):
many of those people getting fifty dollars drive an EV
and their fuel bill is completely unaffected. How many don't
use fuel anyway, no matter what the cost. What about
the city dwellers. We walk a lot. I drive, for example,
twelve k's a day, sixty a week. If I do,
say ten liters per hundred, that's six ish liters. Let's
call it ten thirty five forty five dollars a week
for fuel. I'm winning the government. Suddenly, Government's suddenly paying
(02:10):
my fuel bill. That's nuts. The people affected by fuel
are the people who travel the distance. It's got nothing
to do with income. It's miles. But a government can't
hand out money in that way. So how targeted is this? Actually? Yes,
low incomes are affected in greater percentage terms when prices rise,
but only if the price is a major for you.
Petro might be more expensive, but it's only a burden
(02:31):
if you actually use a lot of it. Money is
going to people who we have no idea whether they
actually need it, because the mechanism that drives the support
is all wrong. But what are they to do? The
truth is this is the best of a series of
bad options. Cap the fuel tax. A lot of people say, sure,
millionaires get ferraris full of gas cheaper. It is the
weakness of having a populace who have come to rely
(02:53):
on a government too heavily. Itches are scratch for political ends,
not economic solutions. This looks more like a dart board
gesture than an actual economic solution.
Speaker 3 (03:02):
So yeah, there's a small spray better than no spray.
Speaker 4 (03:06):
If it's a wide spray, the rewrap one, thanks for sure.
Speaker 3 (03:11):
Some people aren't very happy that they're not getting sprayed enough.
I think that's what's going on here with some of
the maths that people are trying to do.
Speaker 5 (03:18):
Mike, you're incorrect. All you people doing the GST think,
come on, help me out here. So you're going, But
there's more money in GST.
Speaker 1 (03:25):
Yes there is.
Speaker 5 (03:26):
So you've got one hundred bucks to spend and suddenly
you're spending more on petrol. So yes, the GST take
goes up on petrol, but you're spending less elsewhere. Work
it through, and that's before you get to the drop
and demand on petrol. Not everyone's doing the same on petrol.
People are saving money on petrol, therefore they're spending less.
Therefore the GSC. This all came out yesterday, was explained
(03:47):
bloody hell.
Speaker 3 (03:48):
So he's getting a bit frustrated there because the previous break,
somebody had well a lot of people actually had been
trying to claim that the rate of the fuel tax
of the government makes when the petrol prices are high,
increases and so they're better off. But of course Mike
had to point out that that's not true because the
field in the amount of fuel tax is set at
(04:11):
a certain amount of perlater and any price above that
is just the cost of the petrol. But then that
person is right about the GST that does increase about it.
I think Mark Mike's point was that nowhere there as
much as the fact that people are loose using U
Oh my god.
Speaker 4 (04:30):
I hate doing I hate doing petrol maths.
Speaker 3 (04:34):
It's the worst a rerap and of course it's not
how when countries light Slovenia do the mass and at
equals three.
Speaker 4 (04:43):
The one and one, I mean, you know, do you
know what I mean?
Speaker 5 (04:46):
Slovenia headline Slovenia first EU country to introduce fuel rationing problems,
and the detail is always the key problem is they
have capped petrol prices anyway, so they're falsely low and
their so called rationing is ration to fifty liters a day,
(05:11):
so you go in today for fifty, tomorrow for fifty,
the next day for fifty, the following day, every day
for fifty liters. So, in other words, unless you're a very,
very very heavy user, this isn't even a thing. They've
got problems with Austria because Austrey you don't cap their
petrol prices. All the truck drivers from Austria go across
the Slovenia fill up on the cheap, and suddenly the
gang hold on, how come they're all coming across to
(05:32):
fill up on the cheap. Well, recently, filling up on
the cheap is because you're artificially messing with your market,
you idiots. So anyway, So when you see that headline
as usual, it ain't quite what they make it out
to be.
Speaker 3 (05:43):
Anybody would think they just do these headlines to get
people to click on their stories and some more advertising
around the content. Outrageous rerap Right, as I mentioned briefly
at the beginning of the podcast, war was over.
Speaker 4 (06:01):
It's been one. Everybody can care up and go home. Right.
Speaker 5 (06:05):
They're just busy signing Mark wayn mullen. And he's the
latest appointment, of course, after what's the name got sacked
the other day. Anyway. More importantly, he's finally been asked
about the war.
Speaker 2 (06:16):
Pretty much everything they have is gone. I don't know,
can you name one thing that's not gone, or can
you name one thing that's doing well. You know, if
you read the papers, you think we're tired, you think
we're in a tough battle. We are roaming free over
Tehran at the city Terhin as opposed to Iran. We're
roaming free. We can do whatever we want. And as
(06:39):
you know, today we were going to have the privilege
of shooting down a very big electric generation plant, one
of the biggest in the world, and one shot to
the right location ends the plant. It collapses and we
held off based on the fact that we're negotiating.
Speaker 5 (06:55):
Doesn't really advance the story much, does it, if you're
looking for some sort of I don't know, reassurance from
the highest levels of power.
Speaker 4 (07:02):
It's funny, isn't it.
Speaker 3 (07:02):
How sometimes he comes out and you're actually at least reassured.
Speaker 4 (07:07):
After he's finished speaking than you were before he started speaking.
Speaker 3 (07:14):
Really not clear exactly how he gets himself out of this.
Apparently Iran's given him a presence. It's a significant present,
says prize present. It's something to do with oil and gas.
It's not nuclear, but he won't tell us what it is. Like.
Speaker 5 (07:36):
Trump's a nuts. He's obliterated one hundred percent of the
Iran military. But and this is the problem, and saying
you've obliterated everything. Who's firing the missiles at Israel? Right now?
Who are they?
Speaker 4 (07:46):
Is that?
Speaker 5 (07:47):
Ben and Bob? I mean, for God's sake, it's just
the whole thing's absurd. He needs something more material. He's
tried the jawbone, and the jawbone worked until it didn't.
He's got to get he's got to start talking about
the peace deal. We know nothing about that. Apparently, it's
in Pakistan with Kushner and Witkoff and JD rolls in
(08:09):
to close the deal. I don't know whether any of
that's real or not, but he needs something material to happen,
so and he can't keep talking about the war because
no one's interesting, no one's actually interested in the war.
I don't know if he's realized that either no one
cares about Iran. They didn't care about Iran to start with,
and they don't care about it now. They don't care
about Gaza, they don't care about Syria, they don't care
about a Rak, they don't care about Afghanistan. What people
(08:31):
care about all over the world is the price of
petrol and there costable living being blown up the spout.
Speaker 4 (08:37):
And you can't argue with that.
Speaker 3 (08:41):
If only Mike Hosking was in charge of everything, That's
what everybody always sees all the time, isn't it if
only the rerap All right, we're going to finish up here,
find out how that AI apocalypse is going. Is AI
coming for your job?
Speaker 5 (08:55):
Well, it depends if your job is this anthropic. This
morning is trialing a feature that lets you send prompts
to Claude from your smartphone and then Claude will complete
that task on its own on your computer, so it'll
open the apps on your computer, it will navigate a
web browser, it'll fill in spreadsheets after you tell it
(09:16):
to do that. And that's where were.
Speaker 3 (09:18):
I can't wait for these podcasts to be all recorded,
edited and published by the time I get home. Thank you, Claude.
Lord seems to be busy. It seems to be the
busiest one at the moment. Everybody's into Claude. Skott News
UK kept repeating a story this morning. There's a guy
(09:41):
who's using Claude to create an AI impulancer who goes
back in time and interviews people you know at famous
events and in famous placess like POMPEII around the time
of the eruption.
Speaker 4 (09:57):
That sort of thing.
Speaker 3 (09:59):
Something you want to watch? Is that something he should
be spending his time on. It seems to be making
enough money out of it to have a nice coffee machine. Anyway,
from the article, oh AI, how we welcome you with
open arms? I am a glen hat. Tomorrow's episode may
be brought to you by AI, but you'll never know.
Speaker 4 (10:20):
Maybe this one was see you then or will I.
Speaker 1 (10:30):
For more from News Talk st B. Listen live on
air or online, and keep our shows with you wherever
you go with our podcasts on iHeartRadio
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