April 7, 2026 • 11 mins
THE BEST BITS IN A SILLIER PACKAGE (from Wednesday's Mike Hosking Breakfast) Can the RBNZ Save Us?/We Definitely Don't Do Polls/There Is No Oil Shortage/Diesel, On the Other Hand.../Holidaying Here and There
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Speaker 1 (00:09):
You're listening to a podcast from News Talk SEDB. Follow
this and our wide range of podcasts now on iHeartRadio.
Speaker 2 (00:25):
Welcome to the rerap for Wednesday or the Best birs
from the Myclsking Breakfast on Newstalks EDB and a Sillier package.
I'm Glenahanan. Today we've got a pole either, though we
don't do poles on the show anymore. Is there an
oil shortage or not? Is there a diesel shortage or not?
Is there a tourism shortage maybe in some places but
not others. But before any of that, RB and Z
(00:48):
today the good Doctor's coming out. Has she got some
way of saving us all?
Speaker 3 (00:54):
So, I mean, surely today's reserve band counting can only
be disappointing. I mean, surely, if we've learned nothing else
so far out of Epic Furio, it's that one all
plans are off, and two if we're well, I mean,
we're at the end of a long line, at the
bottom of the world, and it feels a lot more
stuff has done to us than we do to it.
I guess you can toss in a three if you like.
We don't know what the hell's happening and for how long?
(01:14):
So armed with that or lack of that? Just how
do you front up with a bunch of well honed
research that's been turned into numbers and forecasts. I mean,
just last week the Finance Minister was batting off questions
about worst case scenarios that Treasury might be giving, largely
due to the fact that they weren't giving her anything
that looked concrete. Everything has a sort of a your
guess is as good as mine feel about it. So
(01:34):
obviously there'll be no actual interest rate up today, no rise?
But what about next time? How many times this year,
if at all? How does that dovetail in with the
growth or lack of it? I mean, can you have
inflation and no growth? My words, you can stagflation anyone.
What cannot be measured right now is the psychology of
all of this. I mean, economies are about emotions. Emotions
(01:55):
drive and tent. It drives mood and risk. Many in
this country appear angsty and fearful. The reserves have been batted,
haven't they. Because of that, it takes less and less
to spook the vibe. It's important to point out banks
still have GDP growth in this calendar year and a
bigger return after that. But the commentary, the feedback doesn't
seem to take any of that into account anymore. The government,
(02:16):
I think it's doing an excellent job keeping an open,
honest handle on proceedings, but people need to want to
hear that. A lot of messages of late have been
more noise than substance. I mean, Albanize the other night
in front of the nation was time wasting, nonsense, needless drama.
Trump in front of the world last Thursday pretty much
the same thing. It's a vacuum of fact, and vacuums
need filling, and some of that is up to us.
(02:37):
Sometimes remaining resilience and dear I sest upbeat actually counts
for something. So let's see what doctor Bremman makes of
it all today. Let's see how we handle.
Speaker 2 (02:46):
Imagine as she does come out she's got some cunning
plan and we'll go Ah, I can't believe nobody else
has thought of that.
Speaker 4 (02:53):
We're going to save the world starting with New Zealand. Fantastic. Oh,
I'm looking forward to now rewrap.
Speaker 2 (02:58):
Of course, if you believe the polls, we don't need
saving because the right people are in charge, and they'll
be in charge again come the election.
Speaker 4 (03:05):
Why should we believe this pole and not other poles?
Speaker 3 (03:07):
Now, for what it's worth, let me have a at
the latest career poll. Firstly, officially, I pay no attention
to them other than a broad theme i e. A
collection of polls and an overarching trend. And the trend
continues in this latest poll with the government being re
elected by a fairly heavy margin. He knows no one
covered that. Yesterday Government gets back by ten seats sixty
five to fifty five. Small point? Is it me? Or
(03:29):
does there seem to be a lot of polls this year?
I mean, is it because it's election year? The reason
I ask? It's not cheap to do a poll, so
someone's either fascinated or flush. Then, of course we get
to the now well accepted truth that getting people to
participate is not easy. In fact, it's getting harder and
harder in the age old concept of one thousand random
people as well and truly gone as they hand out
food vouchers and rewards to take part. Now, next problem
(03:50):
with this pole is the New Zealand first figure of
thirteen point six, which is up four. That's not real
because that's about a thirty ish percent shift in support.
No one grows or loses their support at that pace.
You'll also see a shift fairly dramatically to the government.
(04:11):
National's up. New Zealand first is up, Actor up. The
Government's on fire?
Speaker 4 (04:17):
Are they?
Speaker 3 (04:18):
But despite all that moderately interesting analysis, all the media
could do yesterday was focus on the fact National had
failed to get thirty, even though it was actually twenty
nine point eight. And you always round up, and you
know you do, so it was thirty. So why we
fixate on large parties in an MMP environment? I still
don't know. MMP is about parties and deals. This election
is about two choices, the current lot or the other
(04:41):
lot on this pole. In fact, virtually all poles the
current lot win. If you want to fixate on National. Yes,
if these numbers were real, they would lose some seats,
but that's because they did well last time. And why
did they do well last time? A Dern Hopkins, Covid Robinson.
Do you remember all that parties that ride high in
one election tend to shrink in the next. Not fun
(05:02):
if you're in the middle of it, but political reality. Nevertheless,
in an environment where the vote is so widely split,
having thirty plus parties will get more and more rare.
It's no bad thing. But the media, having decided they
hate Luxon, can't look past any of that. Maybe for
them it was more fun than the reality of the
overall pole, which is of course their preferred option. The
(05:22):
left is getting spanked.
Speaker 2 (05:25):
I'd be interested to know this one statistic that I'd
love to get to the bottom of the phony. You
could actually get people to participate in a pole, obviously,
and that's how easily are people influenced? Five poles? Does
that make a difference to their final decision? The polls
that they know about leading into it? Do they know
about them? Because it would be weird if they were
(05:48):
more influenced by there, even though less people are doing them.
Speaker 4 (05:51):
Do you see what I'm getting at?
Speaker 2 (05:52):
Should I stop talking about poles now, given that we
don't talk about poles anymore? Yes, I think I should.
Speaker 4 (05:57):
Okay, So it's an oil crisis, isn't it? Or is it?
Maybe the crisis is too strong a word.
Speaker 3 (06:04):
I got a theory. No, we don't like paying what
we're paying for oil at the moment, but it's fascinating piece.
A couple of interesting pieces around oil watch Africa. I'll
come back to that. But a number of nations, and
this is not being widely reported at all, a number
of nations have actually done deals directly with Iran on
oil and to get shipped through the Strait of her Mouse,
one of which is the Philippines. Why is that interesting
because the Philippines are seen as a US ally. Pakistan's
(06:27):
done a deal, India's done a deal, China's done a deal.
So by the time you look at all of those deals,
we don't have the details on assurances. But by the
time you've done all of those deals, that's actually quite
a bit of oil flowing through the strait which is
allegedly closed, which clearly isn't, which means it might explain, yes,
why we're paying a lot, but the oil's not actually
running out because we're not actually that short of it.
(06:50):
We're thinking about.
Speaker 2 (06:51):
Oh, conversely, don't think about it at all, which is
my strategy for most things, and it's got me where
I am today.
Speaker 1 (07:00):
It's a rewrap.
Speaker 2 (07:01):
So that's oil specifically sorted out. What about even more
specifically diesel? That's way that's going out the door like
a runaway train.
Speaker 3 (07:12):
Mike just cut the ruck off the heavy trade trucks
keep the country operating. See this, there hasn't been a
lot of that. And on this I commend the government
and the way they've handled this. And I was so
pleased to hear Kelly you cold say that when making
a comparison between US and Australia, we've got Australia dead
to right. Albanezi, who's a communist, is destroying his own economy.
But here's the interesting thing. By taking all I mean
(07:33):
you take ruckoff, no problem, Sure, take the road, use
the charges off, no problem at all. How are you
building the road? When are you doing that so so
people with money get to buy a cheaper diesel? Fantastic,
brilliant for now? How are you building your roads? But
then you got this pole out in Australia this morning.
It is a Roy Morgan and we're not big fans
of Roy Morgan, but nonetheless it is a Royal Morgan pole.
(07:55):
The approval rate of the Albanzi government's temporary cut on
the fuel excise. Do people like that? My word? They do.
Eighty three percent think that's a good move. So it
goes to prove beyond any shadow of a doubt that
I can sit here arguing solid economics to till you
blue in the face you don't care. Eighty three percent
is not a number you see for anything these days.
(08:15):
But eighty three percent of Australians aren't interested in their future,
aren't interested in the debt which is closing in on
a trillion dollars, couldn't care less about tomorrow, only interested
in today. I've saved your money, who pays for it?
Don't care? Are you pleased with me doing it? Eighty
three percent said thanks very much mate. So the real politique,
as they say.
Speaker 2 (08:36):
Yeah, it's a good point, isn't it Like if you're
sitting around the Christmas tree on Christmas Day and there's
twice as many presents there as usual, most people are
going to go, hah, what a great Christmas. And then
I get to the Christmas dinner table and it's baked
beans on toast because it couldn't actually afford the ham
or the turkey. Bet'll be a pretty quick turnaround in attitude,
(09:00):
wouldn't it. If I got on analogy crazy today, I
think I might have the re wrap right.
Speaker 4 (09:05):
We're going to finish up here.
Speaker 2 (09:06):
Comparing tourist traps both there and here over there, back
home here.
Speaker 3 (09:15):
My sister in law's in Kosamui. I'm just thinking of
Asia generally at the moment. Two reports for you on
the so called cost of living crisis slash petrol crisis,
slash oil crisis, slash the war sisters in Kosamui, and
she said that she sent us photos and videos. There's
no one there, literally no one there. There's no one
on the beach, there's no one in the restaurants, there's
no one at the resort. And she's not the sort
(09:36):
of person who books out the whole resort. She's not
one of those places. She just gets a regular room,
so that's not the issue. So something's going on there.
Neighbors came back from Rhada Vegas. They took the Grandees.
They took the Grand east to Road of Vegas. The
queue for the louge was they've never seen Rotau are
so busy over Easter. The queue for the louge was
so long on Sunday they gave up and they had
(09:56):
to go back first thing on Monday to get the right.
So there is no shortage of people driving to places
like rota U. There's no shortage of people paying because
the louge ain't cheap. I don't know if you've done
the louse the luge, ain't you No one ever stood
at the louge. You what that's a that's a bargain.
Speaker 4 (10:11):
No one said, yeah, it's a good thrill. Though it's
a great thrill.
Speaker 3 (10:14):
I'm not saying it's not a good thing. I'm just saying,
no one got to the top of that hill and
went bugging me. And that's not cheap because it isn't.
So anyway, they were still buying the tickets, and they
came home and they had a very nice time and
wrote a ruers.
Speaker 4 (10:26):
So my sister they go zorbing instead.
Speaker 3 (10:28):
They went sorbing. That did everything. My sister's lonely and
sister in law's lonely in Kosa movie.
Speaker 4 (10:33):
Man, imagine having all the Kosta mood to yourself. That
would have been great.
Speaker 2 (10:37):
The last time I was there was thirty years ago
on my honeymoon. I mean it wasn't just my honeymoon,
it was domestic manager's honeymoon as well. We went with
each other to do the honeymoon. It certainly wasn't empty then,
but yeah, it'd be great. I'd like to be it
have it empty everywhere I go.
Speaker 4 (10:57):
I never can sort that.
Speaker 2 (11:00):
I am a glen Hart. That was the rewrap. We'll
be back again tomorrow with another one.
Speaker 1 (11:08):
M H.
Speaker 2 (11:09):
I hope somebody.
Speaker 1 (11:10):
Standing with the rerad for more from News Talks at
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 SEDB. Follow
this and our wide range of podcasts now on iHeartRadio.
Speaker 2 (00:25):
Welcome to the rerap for Wednesday or the Best birs
from the Myclsking Breakfast on Newstalks EDB and a Sillier package.
I'm Glenahanan. Today we've got a pole either, though we
don't do poles on the show anymore. Is there an
oil shortage or not? Is there a diesel shortage or not?
Is there a tourism shortage maybe in some places but
not others. But before any of that, RB and Z
(00:48):
today the good Doctor's coming out. Has she got some
way of saving us all?
Speaker 3 (00:54):
So, I mean, surely today's reserve band counting can only
be disappointing. I mean, surely, if we've learned nothing else
so far out of Epic Furio, it's that one all
plans are off, and two if we're well, I mean,
we're at the end of a long line, at the
bottom of the world, and it feels a lot more
stuff has done to us than we do to it.
I guess you can toss in a three if you like.
We don't know what the hell's happening and for how long?
(01:14):
So armed with that or lack of that? Just how
do you front up with a bunch of well honed
research that's been turned into numbers and forecasts. I mean,
just last week the Finance Minister was batting off questions
about worst case scenarios that Treasury might be giving, largely
due to the fact that they weren't giving her anything
that looked concrete. Everything has a sort of a your
guess is as good as mine feel about it. So
(01:34):
obviously there'll be no actual interest rate up today, no rise?
But what about next time? How many times this year,
if at all? How does that dovetail in with the
growth or lack of it? I mean, can you have
inflation and no growth? My words, you can stagflation anyone.
What cannot be measured right now is the psychology of
all of this. I mean, economies are about emotions. Emotions
(01:55):
drive and tent. It drives mood and risk. Many in
this country appear angsty and fearful. The reserves have been batted,
haven't they. Because of that, it takes less and less
to spook the vibe. It's important to point out banks
still have GDP growth in this calendar year and a
bigger return after that. But the commentary, the feedback doesn't
seem to take any of that into account anymore. The government,
(02:16):
I think it's doing an excellent job keeping an open,
honest handle on proceedings, but people need to want to
hear that. A lot of messages of late have been
more noise than substance. I mean, Albanize the other night
in front of the nation was time wasting, nonsense, needless drama.
Trump in front of the world last Thursday pretty much
the same thing. It's a vacuum of fact, and vacuums
need filling, and some of that is up to us.
(02:37):
Sometimes remaining resilience and dear I sest upbeat actually counts
for something. So let's see what doctor Bremman makes of
it all today. Let's see how we handle.
Speaker 2 (02:46):
Imagine as she does come out she's got some cunning
plan and we'll go Ah, I can't believe nobody else
has thought of that.
Speaker 4 (02:53):
We're going to save the world starting with New Zealand. Fantastic. Oh,
I'm looking forward to now rewrap.
Speaker 2 (02:58):
Of course, if you believe the polls, we don't need
saving because the right people are in charge, and they'll
be in charge again come the election.
Speaker 4 (03:05):
Why should we believe this pole and not other poles?
Speaker 3 (03:07):
Now, for what it's worth, let me have a at
the latest career poll. Firstly, officially, I pay no attention
to them other than a broad theme i e. A
collection of polls and an overarching trend. And the trend
continues in this latest poll with the government being re
elected by a fairly heavy margin. He knows no one
covered that. Yesterday Government gets back by ten seats sixty
five to fifty five. Small point? Is it me? Or
(03:29):
does there seem to be a lot of polls this year?
I mean, is it because it's election year? The reason
I ask? It's not cheap to do a poll, so
someone's either fascinated or flush. Then, of course we get
to the now well accepted truth that getting people to
participate is not easy. In fact, it's getting harder and
harder in the age old concept of one thousand random
people as well and truly gone as they hand out
food vouchers and rewards to take part. Now, next problem
(03:50):
with this pole is the New Zealand first figure of
thirteen point six, which is up four. That's not real
because that's about a thirty ish percent shift in support.
No one grows or loses their support at that pace.
You'll also see a shift fairly dramatically to the government.
(04:11):
National's up. New Zealand first is up, Actor up. The
Government's on fire?
Speaker 4 (04:17):
Are they?
Speaker 3 (04:18):
But despite all that moderately interesting analysis, all the media
could do yesterday was focus on the fact National had
failed to get thirty, even though it was actually twenty
nine point eight. And you always round up, and you
know you do, so it was thirty. So why we
fixate on large parties in an MMP environment? I still
don't know. MMP is about parties and deals. This election
is about two choices, the current lot or the other
(04:41):
lot on this pole. In fact, virtually all poles the
current lot win. If you want to fixate on National. Yes,
if these numbers were real, they would lose some seats,
but that's because they did well last time. And why
did they do well last time? A Dern Hopkins, Covid Robinson.
Do you remember all that parties that ride high in
one election tend to shrink in the next. Not fun
(05:02):
if you're in the middle of it, but political reality. Nevertheless,
in an environment where the vote is so widely split,
having thirty plus parties will get more and more rare.
It's no bad thing. But the media, having decided they
hate Luxon, can't look past any of that. Maybe for
them it was more fun than the reality of the
overall pole, which is of course their preferred option. The
(05:22):
left is getting spanked.
Speaker 2 (05:25):
I'd be interested to know this one statistic that I'd
love to get to the bottom of the phony. You
could actually get people to participate in a pole, obviously,
and that's how easily are people influenced? Five poles? Does
that make a difference to their final decision? The polls
that they know about leading into it? Do they know
about them? Because it would be weird if they were
(05:48):
more influenced by there, even though less people are doing them.
Speaker 4 (05:51):
Do you see what I'm getting at?
Speaker 2 (05:52):
Should I stop talking about poles now, given that we
don't talk about poles anymore? Yes, I think I should.
Speaker 4 (05:57):
Okay, So it's an oil crisis, isn't it? Or is it?
Maybe the crisis is too strong a word.
Speaker 3 (06:04):
I got a theory. No, we don't like paying what
we're paying for oil at the moment, but it's fascinating piece.
A couple of interesting pieces around oil watch Africa. I'll
come back to that. But a number of nations, and
this is not being widely reported at all, a number
of nations have actually done deals directly with Iran on
oil and to get shipped through the Strait of her Mouse,
one of which is the Philippines. Why is that interesting
because the Philippines are seen as a US ally. Pakistan's
(06:27):
done a deal, India's done a deal, China's done a deal.
So by the time you look at all of those deals,
we don't have the details on assurances. But by the
time you've done all of those deals, that's actually quite
a bit of oil flowing through the strait which is
allegedly closed, which clearly isn't, which means it might explain, yes,
why we're paying a lot, but the oil's not actually
running out because we're not actually that short of it.
(06:50):
We're thinking about.
Speaker 2 (06:51):
Oh, conversely, don't think about it at all, which is
my strategy for most things, and it's got me where
I am today.
Speaker 1 (07:00):
It's a rewrap.
Speaker 2 (07:01):
So that's oil specifically sorted out. What about even more
specifically diesel? That's way that's going out the door like
a runaway train.
Speaker 3 (07:12):
Mike just cut the ruck off the heavy trade trucks
keep the country operating. See this, there hasn't been a
lot of that. And on this I commend the government
and the way they've handled this. And I was so
pleased to hear Kelly you cold say that when making
a comparison between US and Australia, we've got Australia dead
to right. Albanezi, who's a communist, is destroying his own economy.
But here's the interesting thing. By taking all I mean
(07:33):
you take ruckoff, no problem, Sure, take the road, use
the charges off, no problem at all. How are you
building the road? When are you doing that so so
people with money get to buy a cheaper diesel? Fantastic,
brilliant for now? How are you building your roads? But
then you got this pole out in Australia this morning.
It is a Roy Morgan and we're not big fans
of Roy Morgan, but nonetheless it is a Royal Morgan pole.
(07:55):
The approval rate of the Albanzi government's temporary cut on
the fuel excise. Do people like that? My word? They do.
Eighty three percent think that's a good move. So it
goes to prove beyond any shadow of a doubt that
I can sit here arguing solid economics to till you
blue in the face you don't care. Eighty three percent
is not a number you see for anything these days.
(08:15):
But eighty three percent of Australians aren't interested in their future,
aren't interested in the debt which is closing in on
a trillion dollars, couldn't care less about tomorrow, only interested
in today. I've saved your money, who pays for it?
Don't care? Are you pleased with me doing it? Eighty
three percent said thanks very much mate. So the real politique,
as they say.
Speaker 2 (08:36):
Yeah, it's a good point, isn't it Like if you're
sitting around the Christmas tree on Christmas Day and there's
twice as many presents there as usual, most people are
going to go, hah, what a great Christmas. And then
I get to the Christmas dinner table and it's baked
beans on toast because it couldn't actually afford the ham
or the turkey. Bet'll be a pretty quick turnaround in attitude,
(09:00):
wouldn't it. If I got on analogy crazy today, I
think I might have the re wrap right.
Speaker 4 (09:05):
We're going to finish up here.
Speaker 2 (09:06):
Comparing tourist traps both there and here over there, back
home here.
Speaker 3 (09:15):
My sister in law's in Kosamui. I'm just thinking of
Asia generally at the moment. Two reports for you on
the so called cost of living crisis slash petrol crisis,
slash oil crisis, slash the war sisters in Kosamui, and
she said that she sent us photos and videos. There's
no one there, literally no one there. There's no one
on the beach, there's no one in the restaurants, there's
no one at the resort. And she's not the sort
(09:36):
of person who books out the whole resort. She's not
one of those places. She just gets a regular room,
so that's not the issue. So something's going on there.
Neighbors came back from Rhada Vegas. They took the Grandees.
They took the Grand east to Road of Vegas. The
queue for the louge was they've never seen Rotau are
so busy over Easter. The queue for the louge was
so long on Sunday they gave up and they had
(09:56):
to go back first thing on Monday to get the right.
So there is no shortage of people driving to places
like rota U. There's no shortage of people paying because
the louge ain't cheap. I don't know if you've done
the louse the luge, ain't you No one ever stood
at the louge. You what that's a that's a bargain.
Speaker 4 (10:11):
No one said, yeah, it's a good thrill. Though it's
a great thrill.
Speaker 3 (10:14):
I'm not saying it's not a good thing. I'm just saying,
no one got to the top of that hill and
went bugging me. And that's not cheap because it isn't.
So anyway, they were still buying the tickets, and they
came home and they had a very nice time and
wrote a ruers.
Speaker 4 (10:26):
So my sister they go zorbing instead.
Speaker 3 (10:28):
They went sorbing. That did everything. My sister's lonely and
sister in law's lonely in Kosa movie.
Speaker 4 (10:33):
Man, imagine having all the Kosta mood to yourself. That
would have been great.
Speaker 2 (10:37):
The last time I was there was thirty years ago
on my honeymoon. I mean it wasn't just my honeymoon,
it was domestic manager's honeymoon as well. We went with
each other to do the honeymoon. It certainly wasn't empty then,
but yeah, it'd be great. I'd like to be it
have it empty everywhere I go.
Speaker 4 (10:57):
I never can sort that.
Speaker 2 (11:00):
I am a glen Hart. That was the rewrap. We'll
be back again tomorrow with another one.
Speaker 1 (11:08):
M H.
Speaker 2 (11:09):
I hope somebody.
Speaker 1 (11:10):
Standing with the rerad for more from News Talks at
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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