August 29, 2024 • 11 mins
THE BEST BITS IN A SILLIER PACKAGE (from Friday's Mike Hosking Breakfast) Except for the Good Ones/Mark the Week/Sitting or Standing?
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Speaker 1 (00:09):
You're listening to a podcast from news Talk said B.
Follow this and our wide range of podcasts now on
iHeartRadio Rewrap.
Speaker 2 (00:25):
Okay there and welcome to the Rewrap for Friday, all
the best bits from the mic asking Breakfast on newstalk
s ed B and a Sillier package. I am Glenheart
and today we will mark the week because it's Friday.
That's what we do. How much we'll in an oasis
ticket past you. We'll have the info for you if
you've already put your name down for early access for
(00:48):
any of that. Of all the places that are wrapping
us off at the moment, have we been forgetting about
the insurance companies?
Speaker 3 (00:56):
The question for you is the insurance market the last
to get a good going over from the regulatory authorities
having become a country that loves a good market study
of course, petrol banks, supermarkets, Telco surely insurance it Probably
the aviation sector would be a good next starting point.
Australia aren't overly happy at the moment with the way
their insurance industry works, and the regulator last week hinted
(01:18):
inspections of some sort are coming, and like banking, a
lot of the insurance game there is run by the
same people as it is here, and like the banks,
they have the same lineup of excuses as to why
they're so profitable. IAG, for example, made a profit in
the last year of about a billion dollars a billion,
and they did it off the back of rising premiums.
It was an eight percent rise in profit and the
dividend was twenty seven cents. Premiums are up because of
(01:41):
climate change and payouts and risk and reinsurance, the usual excuses.
Now they get me wrong. We need profitable, stable companies,
of course, but in this cost of living crisis, counsels
and insurance companies seem to be the last one standing
when it comes to passing costs on at rates a
mile higher than inflation. IAG said, we are starting to
see inflation easing. Excuse me, it has eased. It's in
(02:05):
the band. Central banks all over the world have or
are about to cut rate based on the fact inflations
under control. Not only have premiums gone up, they then
went and flagged that they're going to be going up
another nine percent this year. Reinsurance is part of their excuse.
Here's a fun fact. One of the biggest reinsurers in
the world is Swiss. Ree, guess how much their profits
up by seventeen percent to what I hear you ask? Oh,
(02:29):
a bit under four billion dollars. So where's the line
a strong profitable company, companies and industries versus taking the
mickey and simply passing on costs because they can and
seeing massive profits with big dividends while still milking the
old idea that everything's bad, storms, rage and pay outstrain resources. Now,
if that isn't a market study waiting to happen, I
don't know what.
Speaker 2 (02:48):
Yeah, I'm saying to think that this whole capitalism thing
is bad and that maybe you know, as tanky as
it sounds, when once you know, corporations get to a
certain level of profit a certain number of billions, we
(03:09):
should be able to go actually do just hang on
a minute.
Speaker 1 (03:11):
It's a rewrap.
Speaker 2 (03:13):
But then it turns out there not all insurance stories
are bad stories. According to Mike.
Speaker 3 (03:16):
Can I just say, and this has got absolutely nothing
to do with anything speaking of insurance, and I certainly
I gain absolutely nothing from it but Star Insurance Ever
since I discovered them, what a bunch of rock stars.
I mean, they are, and I won't tell you the story,
but my wife, and she won't tell you the story either.
She may one day, but not yet. I will ask
her after I said, do you want to tell the story?
(03:37):
When I say do you want to tell the story,
she'll go no. But it involves a local authority and
the difficulties we've had this week, and that's the worst
of it. The best of it is a company like
Star Insurance, And once you discover what you get in
life is these days, unfortunately a rarity. The people know
what they're doing, they're there to help, they want to help,
(03:59):
they're professional. It works quickly every time, and you're so
appreciative for it. And that happened to me at Star Insurance.
I got yet another windscreen this week. When I say,
at another wind screen, I've only gone through two or three,
and none of it's ever my fault. But I've got
a big crack last weekend, and you bring them up
and I reckon go to woe is maybe a minute
(04:20):
and a half? Possibly no, on hold, never on hold?
Got a wind screen? What's your number? Yes, no problem,
take it down there do they do it? Yes?
Speaker 2 (04:28):
You do?
Speaker 3 (04:29):
Tick the box, Dan boom out.
Speaker 2 (04:32):
Do your INTI minute wipers still work after the windscreen?
Speaker 3 (04:35):
Was a very good question. Very good question. It's a
big job these days because once you get the heating
and the windscreen, and you get the camera in the
wind screen and the calibration that's required, the windscreen is
essentially nothing. It's everything else. That's the association with your
windscreen these days, it's not a wind screen. It's basically
(04:56):
the space station. So putting the windscreen into non event
doing the rest of it is why it started at
seven thirty in the morning and it was ready at
about three thirty.
Speaker 2 (05:04):
Yeah, because we've got a car now that the interimnute
wipers just don't work. And it took us a very
long time to figure out it was because.
Speaker 3 (05:11):
They didn't calibrate.
Speaker 2 (05:12):
We had the windscreen replaced. It wasn't. No, Apparently it's
because they got a little bit of glue over the
bit where.
Speaker 3 (05:17):
The oh that'll do it thing that certainly if you
glue the windscreen wipers to the screen.
Speaker 2 (05:23):
That wasn't it. But it was to do with the
little is a little camera or something that knows when
it's raining exactly.
Speaker 3 (05:30):
It's called the sensor. And if you glue over that
as well. Yeah, so if you glue over the sensor
and glue the windscreen wipers to the screen, chances are
none of it's going to work. But that's a multi anyway,
say Star Insurance. Once again, I reiterate because Ben Fordham,
who's a bloke in Australia, has an association with the company,
got involved with and got a pile of crap this week.
I have no association with this company whatsoever other than
(05:52):
I discovered them. I use them. I'm a customer. I'm
a happy customer, and in a world of unhappy customers,
it's nice to meet a happy customer dealing with a
decent company who actually knows what they're doing. Now, it's
a shame I can't tell you about the other story,
but I am in not even close to being in
control of my own life. My wife runs my life,
and so I've been issued with complete instructions as to
(06:13):
never reeder down that particular path. She may change your mind.
Speaker 2 (06:16):
Ye, So, just going back to my wind screen, it's
actually my wind screen, it's the domestic manager's wind screen,
which is I probably would have noticed a bit sooner
that my intimate wife has weren't working, but for some
reason it took her quite a while. In fact, she
didn't say anything at all, And it wasn't until I
was driving in the car sometime after it had been
appeared that I noticed it. And then it was a
(06:38):
long time after that, after much googling and and so forth,
that I discovered the problem, what the actual problem actually was.
And at that point, what do you do do You
go back to them and you say, hey, I know
it's like two years ago since you replaced the windscreen,
(07:00):
but the windscreen wipers still aren't working anyway, Probably just
have not working inter minute wipers until we sell the car.
I guess. Rerap right, Let's mark the week because that's Friday.
Speaker 3 (07:17):
Time now to mark the week? The little piece of
news and current events. It's as popular as a hotel
room in Manchester after Liam and Noel announced to a
date Boeing too, taking two people to space for a
week and then leaving them there till next year. What's
that about? Shawn Johnson Eight was weird night, given the
rain and the loss and the season, but the crowd
(07:40):
showed up and there was no love, no shortage blood there.
Kirsty also eight my hero of the week, reminding us
trust is good, being old fashioned isn't to be sniffed at,
and standing your ground is to be admired. Mining seven
the poll out this week told the story that the
activists in the media would suggest, Well, it's not how
New Zealand thinks. There's the pole. You can't argue with
the number Spring seven. It is the last marking of
(08:03):
the week for the winter of twenty twenty four. Ben
z Eden houses six seven percent is very solid growth
and represents an end of the economic winter and the
side of normality. I would have thought labor and tax two.
If that really is their plan for twenty twenty six,
we can probably reliably place our bets now Beam one
dirty rotten, low rent shysters allegedly Mark Zuckerberg six. At
(08:31):
least he was honest. But I mean, how much of
COVID generally do you have regrets about?
Speaker 1 (08:34):
Now?
Speaker 3 (08:35):
Are the COVID inquiry Part two? Seven? We should not need,
of course a part two, but part one is such
as scam and a stitch up? Ginny Anderson two.
Speaker 1 (08:43):
I don't agree with your numbers, Bust.
Speaker 3 (08:46):
Of the week. Numbers don't lie, Ginny, was it careless.
Was it Macavilian or was it just lazy? Are the
police eights? I mean when you arrest as we've just
heard every single common shero. Now that is policing power
three Debate of the week. Hopefully we've finally woken up
to the following of ideology, the carnage of talk over doing,
and the reality of basically the role of basics and
(09:07):
what sort of role they play in all our lives.
The Greens too, what a shit show. Tana takes them
to court so they cancel a meeting. God help us
if they ever end up actually having to make a
decision about anything important. Or on Buffett seven my other
hero of the week, because by being worth a trillion
(09:29):
dollars as they now are, through good old fashioned common sense,
you remind us all that success doesn't have to be
whiz bang and built on puffery. In what might be?
And that's the week copies on the website. Now listen,
if you take sixteen of these, you can cut them
into a pattern and make a really cool shirt you
can wear at a Pacific Island leaders conference.
Speaker 2 (09:45):
Yeah, they were particularly good ones, weren't they have the
tongue and shirts they looked kind of like they were
channeling the Beige Brigade, you know, the sort of the
early eighties black Caps. They thought they were the black
Caps uniforms with a bit of a sort of a
pacifica fleair to them. I don't quite know why they
(10:07):
made them wear the head pieces as well. There really
is a good opportunity to take these leaders and make
them look as stupid as possible, isn't it. I love it.
Speaker 1 (10:18):
It's a rewrap, right.
Speaker 2 (10:19):
How much are you prepared to go and see Oasis,
assuming that they haven't broken up by the time you
get there?
Speaker 3 (10:25):
But aboup sitting Britain over the price they're charging. I
don't know why this is. I don't think there's always
upsetting Britain over anything but Oasis being the working class lads,
they are are charging what I would regard as being
average prices Wimbley. If you want to stand you can
pay about three hundred to four hundred dollars. If you
want to sit down, it'll cost you five hundred dollars max.
(10:47):
If you want a VIP package you can spend a
grand If you want to go to the Principality Stadium
in Cardiff. If you want to sit down, it's about
four hundred. If you want to stand, it's about four hundred.
So standing or seating whales doesn't really make any difference.
Don't charge you anything different. That's a very Welsh thing
to do, mind you. There the people have got ten
recycle bins for God's sake per average on average Edinburgh
(11:10):
standing one hundred bucks. Now, actually I lie about that.
There's two hundred bucks sitting down about the same, so
they haven't quite got that worked out over the head.
Speaker 2 (11:20):
Or is it just that people in Wales and Scotland
don't like to be told to sit down if they
don't want to, and don't think there's anything particularly cool
about it. Tell me to sit down, gibbet and then
head bat you. That was my Scottish accent. I can
only sustain it for a couple of words at a time,
and then I just devolved back into Irish. I've never
(11:40):
been able to nail it at all, as you've just heard.
So I'm going to stop talking altogether and I'll start
again on Monday. I'll see event.
Speaker 1 (11:56):
For more from News Talk sat 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 said B.
Follow this and our wide range of podcasts now on
iHeartRadio Rewrap.
Speaker 2 (00:25):
Okay there and welcome to the Rewrap for Friday, all
the best bits from the mic asking Breakfast on newstalk
s ed B and a Sillier package. I am Glenheart
and today we will mark the week because it's Friday.
That's what we do. How much we'll in an oasis
ticket past you. We'll have the info for you if
you've already put your name down for early access for
(00:48):
any of that. Of all the places that are wrapping
us off at the moment, have we been forgetting about
the insurance companies?
Speaker 3 (00:56):
The question for you is the insurance market the last
to get a good going over from the regulatory authorities
having become a country that loves a good market study
of course, petrol banks, supermarkets, Telco surely insurance it Probably
the aviation sector would be a good next starting point.
Australia aren't overly happy at the moment with the way
their insurance industry works, and the regulator last week hinted
(01:18):
inspections of some sort are coming, and like banking, a
lot of the insurance game there is run by the
same people as it is here, and like the banks,
they have the same lineup of excuses as to why
they're so profitable. IAG, for example, made a profit in
the last year of about a billion dollars a billion,
and they did it off the back of rising premiums.
It was an eight percent rise in profit and the
dividend was twenty seven cents. Premiums are up because of
(01:41):
climate change and payouts and risk and reinsurance, the usual excuses.
Now they get me wrong. We need profitable, stable companies,
of course, but in this cost of living crisis, counsels
and insurance companies seem to be the last one standing
when it comes to passing costs on at rates a
mile higher than inflation. IAG said, we are starting to
see inflation easing. Excuse me, it has eased. It's in
(02:05):
the band. Central banks all over the world have or
are about to cut rate based on the fact inflations
under control. Not only have premiums gone up, they then
went and flagged that they're going to be going up
another nine percent this year. Reinsurance is part of their excuse.
Here's a fun fact. One of the biggest reinsurers in
the world is Swiss. Ree, guess how much their profits
up by seventeen percent to what I hear you ask? Oh,
(02:29):
a bit under four billion dollars. So where's the line
a strong profitable company, companies and industries versus taking the
mickey and simply passing on costs because they can and
seeing massive profits with big dividends while still milking the
old idea that everything's bad, storms, rage and pay outstrain resources. Now,
if that isn't a market study waiting to happen, I
don't know what.
Speaker 2 (02:48):
Yeah, I'm saying to think that this whole capitalism thing
is bad and that maybe you know, as tanky as
it sounds, when once you know, corporations get to a
certain level of profit a certain number of billions, we
(03:09):
should be able to go actually do just hang on
a minute.
Speaker 1 (03:11):
It's a rewrap.
Speaker 2 (03:13):
But then it turns out there not all insurance stories
are bad stories. According to Mike.
Speaker 3 (03:16):
Can I just say, and this has got absolutely nothing
to do with anything speaking of insurance, and I certainly
I gain absolutely nothing from it but Star Insurance Ever
since I discovered them, what a bunch of rock stars.
I mean, they are, and I won't tell you the story,
but my wife, and she won't tell you the story either.
She may one day, but not yet. I will ask
her after I said, do you want to tell the story?
(03:37):
When I say do you want to tell the story,
she'll go no. But it involves a local authority and
the difficulties we've had this week, and that's the worst
of it. The best of it is a company like
Star Insurance, And once you discover what you get in
life is these days, unfortunately a rarity. The people know
what they're doing, they're there to help, they want to help,
(03:59):
they're professional. It works quickly every time, and you're so
appreciative for it. And that happened to me at Star Insurance.
I got yet another windscreen this week. When I say,
at another wind screen, I've only gone through two or three,
and none of it's ever my fault. But I've got
a big crack last weekend, and you bring them up
and I reckon go to woe is maybe a minute
(04:20):
and a half? Possibly no, on hold, never on hold?
Got a wind screen? What's your number? Yes, no problem,
take it down there do they do it? Yes?
Speaker 2 (04:28):
You do?
Speaker 3 (04:29):
Tick the box, Dan boom out.
Speaker 2 (04:32):
Do your INTI minute wipers still work after the windscreen?
Speaker 3 (04:35):
Was a very good question. Very good question. It's a
big job these days because once you get the heating
and the windscreen, and you get the camera in the
wind screen and the calibration that's required, the windscreen is
essentially nothing. It's everything else. That's the association with your
windscreen these days, it's not a wind screen. It's basically
(04:56):
the space station. So putting the windscreen into non event
doing the rest of it is why it started at
seven thirty in the morning and it was ready at
about three thirty.
Speaker 2 (05:04):
Yeah, because we've got a car now that the interimnute
wipers just don't work. And it took us a very
long time to figure out it was because.
Speaker 3 (05:11):
They didn't calibrate.
Speaker 2 (05:12):
We had the windscreen replaced. It wasn't. No, Apparently it's
because they got a little bit of glue over the
bit where.
Speaker 3 (05:17):
The oh that'll do it thing that certainly if you
glue the windscreen wipers to the screen.
Speaker 2 (05:23):
That wasn't it. But it was to do with the
little is a little camera or something that knows when
it's raining exactly.
Speaker 3 (05:30):
It's called the sensor. And if you glue over that
as well. Yeah, so if you glue over the sensor
and glue the windscreen wipers to the screen, chances are
none of it's going to work. But that's a multi anyway,
say Star Insurance. Once again, I reiterate because Ben Fordham,
who's a bloke in Australia, has an association with the company,
got involved with and got a pile of crap this week.
I have no association with this company whatsoever other than
(05:52):
I discovered them. I use them. I'm a customer. I'm
a happy customer, and in a world of unhappy customers,
it's nice to meet a happy customer dealing with a
decent company who actually knows what they're doing. Now, it's
a shame I can't tell you about the other story,
but I am in not even close to being in
control of my own life. My wife runs my life,
and so I've been issued with complete instructions as to
(06:13):
never reeder down that particular path. She may change your mind.
Speaker 2 (06:16):
Ye, So, just going back to my wind screen, it's
actually my wind screen, it's the domestic manager's wind screen,
which is I probably would have noticed a bit sooner
that my intimate wife has weren't working, but for some
reason it took her quite a while. In fact, she
didn't say anything at all, And it wasn't until I
was driving in the car sometime after it had been
appeared that I noticed it. And then it was a
(06:38):
long time after that, after much googling and and so forth,
that I discovered the problem, what the actual problem actually was.
And at that point, what do you do do You
go back to them and you say, hey, I know
it's like two years ago since you replaced the windscreen,
(07:00):
but the windscreen wipers still aren't working anyway, Probably just
have not working inter minute wipers until we sell the car.
I guess. Rerap right, Let's mark the week because that's Friday.
Speaker 3 (07:17):
Time now to mark the week? The little piece of
news and current events. It's as popular as a hotel
room in Manchester after Liam and Noel announced to a
date Boeing too, taking two people to space for a
week and then leaving them there till next year. What's
that about? Shawn Johnson Eight was weird night, given the
rain and the loss and the season, but the crowd
(07:40):
showed up and there was no love, no shortage blood there.
Kirsty also eight my hero of the week, reminding us
trust is good, being old fashioned isn't to be sniffed at,
and standing your ground is to be admired. Mining seven
the poll out this week told the story that the
activists in the media would suggest, Well, it's not how
New Zealand thinks. There's the pole. You can't argue with
the number Spring seven. It is the last marking of
(08:03):
the week for the winter of twenty twenty four. Ben
z Eden houses six seven percent is very solid growth
and represents an end of the economic winter and the
side of normality. I would have thought labor and tax two.
If that really is their plan for twenty twenty six,
we can probably reliably place our bets now Beam one
dirty rotten, low rent shysters allegedly Mark Zuckerberg six. At
(08:31):
least he was honest. But I mean, how much of
COVID generally do you have regrets about?
Speaker 1 (08:34):
Now?
Speaker 3 (08:35):
Are the COVID inquiry Part two? Seven? We should not need,
of course a part two, but part one is such
as scam and a stitch up? Ginny Anderson two.
Speaker 1 (08:43):
I don't agree with your numbers, Bust.
Speaker 3 (08:46):
Of the week. Numbers don't lie, Ginny, was it careless.
Was it Macavilian or was it just lazy? Are the
police eights? I mean when you arrest as we've just
heard every single common shero. Now that is policing power
three Debate of the week. Hopefully we've finally woken up
to the following of ideology, the carnage of talk over doing,
and the reality of basically the role of basics and
(09:07):
what sort of role they play in all our lives.
The Greens too, what a shit show. Tana takes them
to court so they cancel a meeting. God help us
if they ever end up actually having to make a
decision about anything important. Or on Buffett seven my other
hero of the week, because by being worth a trillion
(09:29):
dollars as they now are, through good old fashioned common sense,
you remind us all that success doesn't have to be
whiz bang and built on puffery. In what might be?
And that's the week copies on the website. Now listen,
if you take sixteen of these, you can cut them
into a pattern and make a really cool shirt you
can wear at a Pacific Island leaders conference.
Speaker 2 (09:45):
Yeah, they were particularly good ones, weren't they have the
tongue and shirts they looked kind of like they were
channeling the Beige Brigade, you know, the sort of the
early eighties black Caps. They thought they were the black
Caps uniforms with a bit of a sort of a
pacifica fleair to them. I don't quite know why they
(10:07):
made them wear the head pieces as well. There really
is a good opportunity to take these leaders and make
them look as stupid as possible, isn't it. I love it.
Speaker 1 (10:18):
It's a rewrap, right.
Speaker 2 (10:19):
How much are you prepared to go and see Oasis,
assuming that they haven't broken up by the time you
get there?
Speaker 3 (10:25):
But aboup sitting Britain over the price they're charging. I
don't know why this is. I don't think there's always
upsetting Britain over anything but Oasis being the working class lads,
they are are charging what I would regard as being
average prices Wimbley. If you want to stand you can
pay about three hundred to four hundred dollars. If you
want to sit down, it'll cost you five hundred dollars max.
(10:47):
If you want a VIP package you can spend a
grand If you want to go to the Principality Stadium
in Cardiff. If you want to sit down, it's about
four hundred. If you want to stand, it's about four hundred.
So standing or seating whales doesn't really make any difference.
Don't charge you anything different. That's a very Welsh thing
to do, mind you. There the people have got ten
recycle bins for God's sake per average on average Edinburgh
(11:10):
standing one hundred bucks. Now, actually I lie about that.
There's two hundred bucks sitting down about the same, so
they haven't quite got that worked out over the head.
Speaker 2 (11:20):
Or is it just that people in Wales and Scotland
don't like to be told to sit down if they
don't want to, and don't think there's anything particularly cool
about it. Tell me to sit down, gibbet and then
head bat you. That was my Scottish accent. I can
only sustain it for a couple of words at a time,
and then I just devolved back into Irish. I've never
(11:40):
been able to nail it at all, as you've just heard.
So I'm going to stop talking altogether and I'll start
again on Monday. I'll see event.
Speaker 1 (11:56):
For more from News Talk sat 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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