July 29, 2025 • 10 mins
THE BEST BITS IN A SILLIER PACKAGE (from Wednesday's Mike Hosking Breakfast) Never Miss an Opportunity for a Humble Brag/How to Pay a Nurse/Houses Aren't Going Anywhere/You're a State Or You're Not/I Was Just On My Way to Pay
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Speaker 1 (00:09):
You're listening to a podcast from News talks'd be follow
this and our wide range of podcasts now on iHeartRadio.
Speaker 2 (00:24):
The Rewrap There, Welcome to the Rewrap for Wednesday. All
the best buts from the Mic Hosking breakfast on News Talks.
They'd be in a sillier package. I am Glen Harman.
Today the nurses are on strike. Was there ever going
to be any way to avoid this? Home ownership is
still a thing?
Speaker 3 (00:41):
What do you know? Is Palestine a thing? Or is
it just a threat?
Speaker 2 (00:46):
And the whole scanning your car to fine people without
scanning fines, how's that working?
Speaker 3 (00:54):
But before any of that, we should remember Michael Help.
Speaker 4 (00:58):
One of the more memorable days of my life was
spent at Michael Hill's house at Lake Hays and Central Otaga.
He showed me his art. There was a lot of
it and it was eclectic. He had his own nine
whole golf course. It was all par threes. This was
in the days before the Hills, which in many respects
was what Michael was all about. Vision. He took his
path threes and then turned it into one of the
best golf courses in the country. And watching the new
(01:19):
Zealand open these days is worth it just for the
views of his course. While I was there, the charity
event he ran started at Millbrook just across the way.
Millbrook was new then and you wondered whether it was
one of those investments that would grow into the success
it has or turn out like Formosa or Gold Harbor.
I'd won the pro am that day. He presented me
with a ticket to Australia, a few thousand dollars and
(01:41):
various bits and pieces from his jewelry business that ironically
I couldn't accept them, given I wasn't a professional and
are amateurs were banned from winning stuff. But I had
beaten on that day Shaun Fitzpatrick, Andrew Mertins, Peter o'melly
and Greg Turner. So what did I need prizes for?
Michael never forgot that day, and he reminded me each
time we talked that I should give golf a go
again and come and play at his place any time
(02:01):
I liked. I first interviewed him in the eighties. He
was Newish then and the story of the fung Ray shop,
the fire setting up his own business it became New
Zealand business folklore. I did one of those motivational events
that were a thing for a while with him, I
was hosting he and other success stories told paying guests
how they did at what the tips were, how to
never give up. He was big into music classical. He
(02:22):
was a philanthropist in that particular area. His company a
household name of course, expanding into Australia and Canada. In
the States, the advertising was genius. He reveled in the
personality thing. He was a health nut, lot of juicing,
probably before his time in that sense, and like most
success stories, he had a magnetism about him, very likable,
good stories and funny with it. He was, in many
(02:43):
respects the quintessential New Zealand success story, hard working, self
made deprecating a memorable, inspiring Kiwi Michael Hill. He will
be missed.
Speaker 2 (02:54):
So nice words from Mike Bair, although I'm not sure
that he really had to tell everybody that he won
a golf tournament against a bunch of professional golfers. Talk
about never let a chance to do a humble brag
go by rewrap a right. So yeah, the nurses, they
want more money, they deserve more money.
Speaker 3 (03:13):
We don't have more money, might actually ask.
Speaker 2 (03:16):
The person from the nurses this morning where he should
get the money from.
Speaker 3 (03:23):
He didn't have too many ideas.
Speaker 4 (03:24):
They interviewed a guy who used to be the head
of the Danish public broadcasting system and he quit and
he started a group because he's worried about the state
of journalism in the world as well he might be.
And he said, part of the problem with the journalism
in the world is they're all negative, and they all
want to find problems, and they all promote problems and
misery and atmospheric rivers. And what they want to do
is provide some solutions. So it is his job to
(03:47):
come up with some solutions. And you'll notice in the
interview when I asked him a few basic questions like,
you know, sure it's easy to ask for more money.
We can all ask for more money. We don't have
any money. Statement of fact, we have less than no money.
Where would you like to get the money from? And
when push comes to shove, there is no obvious answer.
And that tobacco thing, which is another to Mike, thank
you for pointing out Chippy's lie about the company earning
(04:09):
three hundred and fifty million win. In fact, it's an
amount budgeted to offset the loss. Chippy either doesn't understand
it because he's economically illiterate. I'd like to think that
isn't true. If it isn't true and he does understand it,
he's playing you for a sucker. He's treating you like
an idiot because he keeps running the line about handing
money over to the tobacco companies where no money has
(04:29):
been handed over, and it requires people to continue smoking
to pay the tax. And if you don't understand that,
you should, And if we wanted better political discourse in
this country, he had stopped playing stupid games like that.
Speaker 2 (04:44):
From my limited experience seeing press hapkins and action, most
of through COVID, of course, I'm not convinced that he
does have.
Speaker 3 (04:56):
An understanding of how these things work. I do think he.
Speaker 2 (04:59):
Does sort of a very superficial, once over lightly view
of things and goes from there. Right the old investing
in property or investing in investing debate, which one's winning
At the moment.
Speaker 4 (05:12):
We are being urged I note again to quote unquote
break up with property. We are urged this way once
every few years. It's a theme. It's based, not unreasonably really,
on the idea that we could take our money and
make it work differently, if not more productively, than it
does in a house. Now, the latest iteration comes from
a bloke at Craig's Investment who suggests, if you put
one hundred dollars into a house in thirty years, it's
(05:33):
worth about six hundred bucks. But if you'd done it
with shares, it'd be worth about eleven hundred dollars. Not
just that, but the country would be better off. Those
dollars would have been out and about. They would have
been investing in staff, growing staff, creating jobs, opening markets,
making the world a better place. They may well be
true troubles. That's a long term view, and most of
us don't have long term views. The view most of
us have is what's happening to New Zealand shares so
(05:54):
far this year? Well, the answer is they've gone backwards.
Yere todate. They're down one point four percent. Mind you
look at housing. It's hardly booming though, is it. But
if you want a glass half full, shares in New
Zealand in the last five years are up almost ten percent.
Houses most certainly are not up ten percent in that
same period. It may change with time. Now this is
the interesting part it may change with time. See one
of our children start a buying shares while they're still
(06:15):
at university. They're of the generation that believes also they're
never going to own a house, which isn't of course true.
They will, but they've also got a portfolio. But the
perception could be the key. If housing is perceived to
be unobtainable, what is obtainable, well, maybe shares, but credibility
is an issue also. I mean, shares can be blue chip,
can't they? Or they can be mean type stock if
(06:37):
you're following the Sydney Sweeney nonsense. At the moment, you
can invest or you can punt stock can be priced
to perfection, or it can be solid as a rock.
You can be an F and P Healthcare when COVID arrived,
or you can be in their New Zealand when COVID arrived.
It requires a lot, whereas a house is a roof
and a shelter and a thing you can show you
mates and have a barbecue at. It's simple. Houses are
easy and they hardly ever lose money over time. To
(06:58):
get people to shift, especially when it comes to money,
the pitch has to be compelling, but in an uncertain,
crazy old world, which it is at the moment. Is
a stock market really that compelling.
Speaker 3 (07:10):
Because it doesn't have to be a one or the
other situation? Does it?
Speaker 1 (07:13):
Like?
Speaker 2 (07:13):
Can't you just like invest in the market and then
use your proceeds from that to buy a house or
the other way around? It doesn't have to be one
or the other. I wouldn't have thought, mind you, I
don't understand any of this stuff. I think I own
a house, maybe a rerap right. So, so Kia Starmer
decides to play hardball with Israel today or does he?
Speaker 4 (07:37):
Mike Starmer's virtue signaling around Israel providing a talking point.
Is it distracting from the new draconi intertalitarian, dystopian online
security laws. No, I don't think so, but I did
mention at the start of the show. It's an odd
tool under normal circumstances. Correct me if I'm wrong. Macroni
was an example the other day. You recognize the Palestinian state,
the so called two state solution because you want to
(07:58):
do it. It's a good thing, a right thing to do.
What Starmer seems to be now using it as is
a weapon as a negotiating tool, unless you do. This
is rail tell you what I'm going to do. I'm
going to recognize Palestine. It's sort of like it's reverse logic.
It makes absolutely no sense. Meantime, on Air Force one
on his way back to Washington.
Speaker 3 (08:18):
You know you're rewarding a marsh if you do that,
and I don't think they should be rewarded. So I'm
not in that camp.
Speaker 4 (08:27):
To be honest.
Speaker 1 (08:28):
We'll let you know where we are, but I am
not in that case because if you do that, you
really are rewarding a mass.
Speaker 4 (08:34):
Yeah.
Speaker 2 (08:34):
With this, I'm completely in agreement with Mike. It seems
to be the oddest thing. Either Palestine is a state
or it isn't a state. You can't threaten to recognize
it as a state because it either is or it isn't.
Speaker 3 (08:49):
It's just a fact or it's not a fact. Very
odd the rerap Okay.
Speaker 2 (08:55):
This weird business of scanning people's cars to see if
they've got outs standing fines. I didn't really understand it
when Paul Goldsmith was talking about it.
Speaker 3 (09:06):
But what I do understand is that it seems to
be working now.
Speaker 4 (09:09):
The thing that the government announced that worked was Paul
Goldsmith was on the program last week saying we're going
to clamp some cars if you owe money to the courts,
and sure enough, out over the weekend they did. We
have four hundred and fifty six million in fines, one
hundred and four million reparations outstanding, so well in excess
of half a billion dollars odede. So over the weekend,
(09:29):
forty eight hundred and fifty nine cars were scanned, two
hundred and eight outstanding fines. It's a lot of people,
isn't it. Just out of the random selection of cars
you pulled over, two hundred and eight of them had
outstanding fines. A lot of people had plans. Thirty two
of them didn't plans to pay, Thirty two of them didn't.
Of the thirty two didn't that they'd pulled over, thirty
(09:50):
one paid in full. Just like, that's amazing. What happens
when you say do you want to walk or would
you like to drive your car home? Oh, you can pay?
Speaker 3 (09:57):
Could they pay way? Third? Was there a check?
Speaker 4 (09:59):
Tap and go? Mate, that's how it goes. It's tap
and go.
Speaker 3 (10:02):
Did they have to pay extra two and a half
percent if they did that?
Speaker 4 (10:04):
One didn't and had their vehicle seized and towed eleven
send increasing fine payments paid online on Monday, So there
you go. It works.
Speaker 2 (10:13):
I love that people can say, oh, yeah, I'm going
to pay it. I've got a plan in place to
pay it. It's a bit like when your warrant sober due,
isn't it, and I know it's booked in at the
garage next week. I just said to that they're getting
the parts. That's why wouldn't you say that?
Speaker 3 (10:33):
Anyway? I am a glear a heart. That was the.
Speaker 2 (10:37):
Rewrap and we'll be back with more terrible excuses Tomorrow's.
Speaker 3 (10:40):
E Then.
Speaker 1 (10:48):
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 talks'd be follow
this and our wide range of podcasts now on iHeartRadio.
Speaker 2 (00:24):
The Rewrap There, Welcome to the Rewrap for Wednesday. All
the best buts from the Mic Hosking breakfast on News Talks.
They'd be in a sillier package. I am Glen Harman.
Today the nurses are on strike. Was there ever going
to be any way to avoid this? Home ownership is
still a thing?
Speaker 3 (00:41):
What do you know? Is Palestine a thing? Or is
it just a threat?
Speaker 2 (00:46):
And the whole scanning your car to fine people without
scanning fines, how's that working?
Speaker 3 (00:54):
But before any of that, we should remember Michael Help.
Speaker 4 (00:58):
One of the more memorable days of my life was
spent at Michael Hill's house at Lake Hays and Central Otaga.
He showed me his art. There was a lot of
it and it was eclectic. He had his own nine
whole golf course. It was all par threes. This was
in the days before the Hills, which in many respects
was what Michael was all about. Vision. He took his
path threes and then turned it into one of the
best golf courses in the country. And watching the new
(01:19):
Zealand open these days is worth it just for the
views of his course. While I was there, the charity
event he ran started at Millbrook just across the way.
Millbrook was new then and you wondered whether it was
one of those investments that would grow into the success
it has or turn out like Formosa or Gold Harbor.
I'd won the pro am that day. He presented me
with a ticket to Australia, a few thousand dollars and
(01:41):
various bits and pieces from his jewelry business that ironically
I couldn't accept them, given I wasn't a professional and
are amateurs were banned from winning stuff. But I had
beaten on that day Shaun Fitzpatrick, Andrew Mertins, Peter o'melly
and Greg Turner. So what did I need prizes for?
Michael never forgot that day, and he reminded me each
time we talked that I should give golf a go
again and come and play at his place any time
(02:01):
I liked. I first interviewed him in the eighties. He
was Newish then and the story of the fung Ray shop,
the fire setting up his own business it became New
Zealand business folklore. I did one of those motivational events
that were a thing for a while with him, I
was hosting he and other success stories told paying guests
how they did at what the tips were, how to
never give up. He was big into music classical. He
(02:22):
was a philanthropist in that particular area. His company a
household name of course, expanding into Australia and Canada. In
the States, the advertising was genius. He reveled in the
personality thing. He was a health nut, lot of juicing,
probably before his time in that sense, and like most
success stories, he had a magnetism about him, very likable,
good stories and funny with it. He was, in many
(02:43):
respects the quintessential New Zealand success story, hard working, self
made deprecating a memorable, inspiring Kiwi Michael Hill. He will
be missed.
Speaker 2 (02:54):
So nice words from Mike Bair, although I'm not sure
that he really had to tell everybody that he won
a golf tournament against a bunch of professional golfers. Talk
about never let a chance to do a humble brag
go by rewrap a right. So yeah, the nurses, they
want more money, they deserve more money.
Speaker 3 (03:13):
We don't have more money, might actually ask.
Speaker 2 (03:16):
The person from the nurses this morning where he should
get the money from.
Speaker 3 (03:23):
He didn't have too many ideas.
Speaker 4 (03:24):
They interviewed a guy who used to be the head
of the Danish public broadcasting system and he quit and
he started a group because he's worried about the state
of journalism in the world as well he might be.
And he said, part of the problem with the journalism
in the world is they're all negative, and they all
want to find problems, and they all promote problems and
misery and atmospheric rivers. And what they want to do
is provide some solutions. So it is his job to
(03:47):
come up with some solutions. And you'll notice in the
interview when I asked him a few basic questions like,
you know, sure it's easy to ask for more money.
We can all ask for more money. We don't have
any money. Statement of fact, we have less than no money.
Where would you like to get the money from? And
when push comes to shove, there is no obvious answer.
And that tobacco thing, which is another to Mike, thank
you for pointing out Chippy's lie about the company earning
(04:09):
three hundred and fifty million win. In fact, it's an
amount budgeted to offset the loss. Chippy either doesn't understand
it because he's economically illiterate. I'd like to think that
isn't true. If it isn't true and he does understand it,
he's playing you for a sucker. He's treating you like
an idiot because he keeps running the line about handing
money over to the tobacco companies where no money has
(04:29):
been handed over, and it requires people to continue smoking
to pay the tax. And if you don't understand that,
you should, And if we wanted better political discourse in
this country, he had stopped playing stupid games like that.
Speaker 2 (04:44):
From my limited experience seeing press hapkins and action, most
of through COVID, of course, I'm not convinced that he
does have.
Speaker 3 (04:56):
An understanding of how these things work. I do think he.
Speaker 2 (04:59):
Does sort of a very superficial, once over lightly view
of things and goes from there. Right the old investing
in property or investing in investing debate, which one's winning
At the moment.
Speaker 4 (05:12):
We are being urged I note again to quote unquote
break up with property. We are urged this way once
every few years. It's a theme. It's based, not unreasonably really,
on the idea that we could take our money and
make it work differently, if not more productively, than it
does in a house. Now, the latest iteration comes from
a bloke at Craig's Investment who suggests, if you put
one hundred dollars into a house in thirty years, it's
(05:33):
worth about six hundred bucks. But if you'd done it
with shares, it'd be worth about eleven hundred dollars. Not
just that, but the country would be better off. Those
dollars would have been out and about. They would have
been investing in staff, growing staff, creating jobs, opening markets,
making the world a better place. They may well be
true troubles. That's a long term view, and most of
us don't have long term views. The view most of
us have is what's happening to New Zealand shares so
(05:54):
far this year? Well, the answer is they've gone backwards.
Yere todate. They're down one point four percent. Mind you
look at housing. It's hardly booming though, is it. But
if you want a glass half full, shares in New
Zealand in the last five years are up almost ten percent.
Houses most certainly are not up ten percent in that
same period. It may change with time. Now this is
the interesting part it may change with time. See one
of our children start a buying shares while they're still
(06:15):
at university. They're of the generation that believes also they're
never going to own a house, which isn't of course true.
They will, but they've also got a portfolio. But the
perception could be the key. If housing is perceived to
be unobtainable, what is obtainable, well, maybe shares, but credibility
is an issue also. I mean, shares can be blue chip,
can't they? Or they can be mean type stock if
(06:37):
you're following the Sydney Sweeney nonsense. At the moment, you
can invest or you can punt stock can be priced
to perfection, or it can be solid as a rock.
You can be an F and P Healthcare when COVID arrived,
or you can be in their New Zealand when COVID arrived.
It requires a lot, whereas a house is a roof
and a shelter and a thing you can show you
mates and have a barbecue at. It's simple. Houses are
easy and they hardly ever lose money over time. To
(06:58):
get people to shift, especially when it comes to money,
the pitch has to be compelling, but in an uncertain,
crazy old world, which it is at the moment. Is
a stock market really that compelling.
Speaker 3 (07:10):
Because it doesn't have to be a one or the
other situation? Does it?
Speaker 1 (07:13):
Like?
Speaker 2 (07:13):
Can't you just like invest in the market and then
use your proceeds from that to buy a house or
the other way around? It doesn't have to be one
or the other. I wouldn't have thought, mind you, I
don't understand any of this stuff. I think I own
a house, maybe a rerap right. So, so Kia Starmer
decides to play hardball with Israel today or does he?
Speaker 4 (07:37):
Mike Starmer's virtue signaling around Israel providing a talking point.
Is it distracting from the new draconi intertalitarian, dystopian online
security laws. No, I don't think so, but I did
mention at the start of the show. It's an odd
tool under normal circumstances. Correct me if I'm wrong. Macroni
was an example the other day. You recognize the Palestinian state,
the so called two state solution because you want to
(07:58):
do it. It's a good thing, a right thing to do.
What Starmer seems to be now using it as is
a weapon as a negotiating tool, unless you do. This
is rail tell you what I'm going to do. I'm
going to recognize Palestine. It's sort of like it's reverse logic.
It makes absolutely no sense. Meantime, on Air Force one
on his way back to Washington.
Speaker 3 (08:18):
You know you're rewarding a marsh if you do that,
and I don't think they should be rewarded. So I'm
not in that camp.
Speaker 4 (08:27):
To be honest.
Speaker 1 (08:28):
We'll let you know where we are, but I am
not in that case because if you do that, you
really are rewarding a mass.
Speaker 4 (08:34):
Yeah.
Speaker 2 (08:34):
With this, I'm completely in agreement with Mike. It seems
to be the oddest thing. Either Palestine is a state
or it isn't a state. You can't threaten to recognize
it as a state because it either is or it isn't.
Speaker 3 (08:49):
It's just a fact or it's not a fact. Very
odd the rerap Okay.
Speaker 2 (08:55):
This weird business of scanning people's cars to see if
they've got outs standing fines. I didn't really understand it
when Paul Goldsmith was talking about it.
Speaker 3 (09:06):
But what I do understand is that it seems to
be working now.
Speaker 4 (09:09):
The thing that the government announced that worked was Paul
Goldsmith was on the program last week saying we're going
to clamp some cars if you owe money to the courts,
and sure enough, out over the weekend they did. We
have four hundred and fifty six million in fines, one
hundred and four million reparations outstanding, so well in excess
of half a billion dollars odede. So over the weekend,
(09:29):
forty eight hundred and fifty nine cars were scanned, two
hundred and eight outstanding fines. It's a lot of people,
isn't it. Just out of the random selection of cars
you pulled over, two hundred and eight of them had
outstanding fines. A lot of people had plans. Thirty two
of them didn't plans to pay, Thirty two of them didn't.
Of the thirty two didn't that they'd pulled over, thirty
(09:50):
one paid in full. Just like, that's amazing. What happens
when you say do you want to walk or would
you like to drive your car home? Oh, you can pay?
Speaker 3 (09:57):
Could they pay way? Third? Was there a check?
Speaker 4 (09:59):
Tap and go? Mate, that's how it goes. It's tap
and go.
Speaker 3 (10:02):
Did they have to pay extra two and a half
percent if they did that?
Speaker 4 (10:04):
One didn't and had their vehicle seized and towed eleven
send increasing fine payments paid online on Monday, So there
you go. It works.
Speaker 2 (10:13):
I love that people can say, oh, yeah, I'm going
to pay it. I've got a plan in place to
pay it. It's a bit like when your warrant sober due,
isn't it, and I know it's booked in at the
garage next week. I just said to that they're getting
the parts. That's why wouldn't you say that?
Speaker 3 (10:33):
Anyway? I am a glear a heart. That was the.
Speaker 2 (10:37):
Rewrap and we'll be back with more terrible excuses Tomorrow's.
Speaker 3 (10:40):
E Then.
Speaker 1 (10:48):
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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