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October 12, 2025 • 12 mins

THE BEST BITS IN A SILLIER PACKAGE (from Monday's Mike Hosking Breakfast) Whatever You're Indicating/How Not to Get a Job/Flickers, Glimmers and Tinges/Ring Vector Today/What a Race

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Speaker 1 (00:09):
You're listening to a podcast from news Talk, SAIDB. Follow
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Speaker 2 (00:24):
Rewrap, Okay there and welcome to the Rewrap for Monday,
all the best bets from the mic hosting breakfast on
newsbooks EDB in a silly a package, I am glen
Hand today more on youth job seekers and how useless
they are. Commercial property. It's going to be a commercial
property lead recovery apparently ring Vector today and Mike's got
strict instructions for you. And Burst was one to remember

(00:52):
forever apparently video I didn't watch it, but before any
of that. So the government's got more quarterly KPIs. Don't
dig down into too hard down and listen to what
they actually are though.

Speaker 3 (01:06):
So I've read the latest KPIs for the governmental. Have
you know things that they're doing or going to do
before the end of the year. Drag this dump out
of the quagmire would have been my number one, but
theirs is to introduce new planning legislation to replace the RAMA,
which is no bad thing. But introducing stuff isn't the
same as ticking stuff off, is it? And in this list,
which is thirty three things long is part of this

(01:29):
government's image issue. You most likely won't have read or
seen the thirty three because it's a good example of
the new cycle or our attention spanner a bit of both.
Remember when they first came out mass coverage, a government
with all to doodlest that was novel things you could
see and come back later and check whether it had
actually happened. It was very business like. You may also
remember that mainly they get done. Other government has roughly

(01:51):
achieved what they set out to do, So as an
exercise and discipline, it deserves some sort of recognition. But
and here's the problem, a cheaper power bill and an
annual surplus might have been actually more used to most
of us. So several quarters and lists have come and gone.
By that I mean mainly the media we appear to
have lost interest. Are the latest list as far as
I can tell, and I do quite a little bit
of looking as virtually nowhere to be seen. Further, it

(02:13):
starts to look like a list, and this is the
problem with lists. It starts to look like a list
that has stuff in it that is a mix of indecipherable,
nonspecific and or part of a sort of an ongoing
broad based thought bubble. Good example number three past legislation
to allow granny flats to be built without consent. Perfect, simple, clear,
tick the box. But what about fifteen Begin the hospitality

(02:37):
sector review? I mean, is forecasting the start of a
look it's something a thing twenty Take cabinet policy decision
on options to provide more tools to address anti social behavior.
Take a decision for tools for behavior. I mean, come on,
that's stacking a list, that's whiteboards and blue skies and
boring meetings. We've got an economic shambles on our hands,
and you've got and your hot fourth quarter take is

(03:01):
some tools for behavior. Maybe one of the KPIs in
the first quarter could have been let's not make bollocks
up for future lists so they look like we out
of stuff to do.

Speaker 2 (03:09):
It's hard for somebody like me. Oh I find it
hard anyway, who's been doing the same job for twenty
four years. Now, when you have your performance review, you've
got to come up with new KPIs every time. You know, like,
what are you going to do this year that we
can have a look back at next year and see

(03:31):
if you did it. It's re wrap because you can't
just go detto. You're not supposed to just go ditto,
even though everybody just wants to go ditto. I hope
I hope that ant gets sick of me just saying
detto get rid of me. I'd hate to try and
find a job these.

Speaker 3 (03:47):
Days as possible, hope. Actually out of the government's move
on young people in the job as seeker rules the
announced last week. Now, as part of the media's coverage
in reaction to the move, we got the usual parade
of heed lines about there being one no jobs and
to the people who had applied for hundreds. In fact,
one story had a person who had applied for thousands
of roles without success. Now, firstly, I don't believe for

(04:10):
one second that anyone applied for thousands of jobs. That's
the sort of hyperbolic bs that muddies the waters and
distracts from the real issue. Too many people who apply
for lots of jobs are doing it, of course, in
a machine gun sort of way. They apply for literally everything.
It doesn't matter what it is, whether they got the
skills for the job or not. They simply click and sent.
This is not to say jobs aren't tight and there
aren't employers who see a lot of applications. But an

(04:31):
application is not automatically a right fit for the gap going.
It's admin it's paperwork and nothing more. And if you're
applying for everything, you're wasting your time. Second thing, and
this is the hope bit. Is it possible that we
might just learn a larger lesson out of all of this,
And that is if life on welfare isn't an option
and in a tight economy, jobs are hard to find.

(04:52):
Could the lesson be that you just might want to
stay at school a bit longer and actually get some skills.
Is it possible you might want to work out just
what it is you like and want to do, as
parents might be, want to spend a bit of time
offering some help and guidance around us ideas and pathways.
Seems a remarkable thing that we have this infrastructure called

(05:13):
education where you spend literally years and you can one
leave early, two possibly not turn up much at all,
Three turn up but do little of anything, four at
no time, and all those years have any idea what
you might like to do for the rest of your life.
The vulnerable you see are always going to be the
first casualties of weak economies. The answer has never been

(05:33):
to offer them free money to ask about waiting for
the boom times to come. It's a collective embarrassment. The
schools that watch them all those years go nowhere, the
parents who didn't instill the desire to be somebody, and
the state who thought money for nothing sold then.

Speaker 2 (05:47):
And that's how you end up with people like me
have been doing this for twenty four years. What a
sad diamond rewrap right, Ah, So we've got I'm not
going to say green shoots. Everybody's over green shoots. We've
finally got green shoots fatigue. We're going to find some
more words for it.

Speaker 3 (06:06):
Can I give you some more good news? Com for
real estate seems to be the go first half of
this year sales momentum. It's going just jll who do this?
So the outlook remains constructive, supported by converging positive fundamentals.
This is all good. Looks like a good place to invest,
given accommodative government policies, falling interest rates and yield returns.

(06:28):
Wait till you get to the best. But Auckland in
particular offered prime industrial investment opportunities at superior yields to Australia.
There you go. So twenty five and twenty four recovery
demonstrated a healthy base for continued value and volume growth
and more sustainable market dynamic. Auckland industrials vacancy is at
two point eight, which is tighter than Sydney at four

(06:49):
point four, Melbourne at five point three, Brisbane at four
point seven. You can't get a place for love Normale here.
You can on Australia. Why because they suck a New
Zealand Real retail also expected to see some improvement shopping
centers in large format retail underlying resilience. So that's your flickers,
isn't it. That's a bud, that's a seed. That's a flicker,

(07:09):
that's a it's a growth. It's hope, it's life, it's Marblenge. Yeah,
it's all about she.

Speaker 2 (07:14):
It's just dawn on me. Are we stoking embers? Is
that what we're doing so that we're not really starting
anything from scratch? Are we we're trying to set a rekindle? Yeah,
that's what I'm going with now, we're just stoking those embers.
See if we can spark something back to life. Oh yeah, yeah, yeah,
that's working.

Speaker 1 (07:31):
It's a rerapit.

Speaker 2 (07:33):
It sounds like Mike spent a lot of time trying
to get some real life out of Victor over the
last few days to no avail.

Speaker 3 (07:39):
What I'd like you to do today is ring Victor,
ring Victor, and Tulip will answer the phone. So this
morning I got out of bed at one thirty this morning,
which is now earlier than normal. The reason I got
out of bed and now earlier the normal is because
we had a planned outage. I wanted to ring Vector
on Friday to check that the planned outage was actually
going to happen, because last time the planned outage was

(07:59):
going to happen, it didn't happen and they didn't tell me.
So I ring them up on Friday and Tulip ants
is the phone and Tulip's ay aye, and she says, hello,
I am Tulip. I can understand you. And she goes,
how can I help, and I said, planned outages and
she comes back and goes, there are no outages, and
I went, no planned outages, there are no outages. So

(08:23):
at this particular point, I so put me through to
a human and then I get put through to the
answer phone. Which goes, we would like to know what
you thought of Tulip between one and seven. Seven being
very good, one being a disaster. I hit two, leave
it after the beef. I hit two two hashep Then
it goes boom boom. We're very disturbed to hear that

(08:44):
you've only rated Tulip a two. What appears to be
the problem. And I said, I prefer to deal with
a human being, not a robot, and they went goodbye
and hung up on me. So then I rang back
Tulip and went through the same exercise again and got nowhere.
Eventually I got to a human being, which was debatable
as to whether the human being was better than Tulip,

(09:05):
because you know those human beings you end up dealing
with who there's nothing wrong with them. She was pleasant enough,
but you know those human beings and telecom centers who
you know that they're not going to help you. You
know they hate their job that they're not going to
When I say, can I talk to a supervisor? There's
no one here at the moment, and you know that's
not true, but they're going to tell you there's no
one here at the moment and they have no information.

(09:26):
I said, all I want to know is is this
going ahead or not? If it says it's going ahead,
it is, I said, well, last time it didn't, Well
you'll be notified. Well last time I wasn't notified. I'm sorry.
I can't help you. There's nobody else here. So the
whole thing was just a complete cluster. So I end
up freaking out and getting up at one thirty in
the morning to beat the power going off at two
so I can have a shower and have a coffee.

(09:47):
Next problem, I walk into the kitchen. What's broken the
coffee machine? The water's come out at the bottom of it.
It's freezing cold. I can't even have a coffee. It's
one thirty in the morning and I can't even have
a coffee yet, shod.

Speaker 2 (09:57):
Tula managed to break your coffee machine by remote contral
for a good question, I've got a couple of bits
of advice for a husk. I can't really help them
with the power thing, but I happen to know he
spends a lot of money on his coffee machine, and
I think he's over capitalized or something that's underperforming, because

(10:19):
I know he said that he's had issues before and
they couldn't get the parts and getting at service. It's
like a it's like one of his you know, sports
cars that he owns. So what he needs to do
is he just needs to get himself, you know, just
a good reliable DeLonge, maybe even a Brevel, maybe even

(10:40):
an Espresso Virtuo machine like I've got, which really tacts
all the guestswork out of everything, and I've never had
to repair ever. That would be my first, yeah, piece
of advice, just you're just trying and keep it simple,

(11:01):
and my second piece of advices. For the price of
his coffee machine, you could probably buy three or four
or five of those other ones and just have a
spear one in the cupboard. If it ever did break down,
just crack.

Speaker 3 (11:13):
On with that.

Speaker 2 (11:14):
Send the belt of vector the rewrap. All right, we're
gonna finish up talking about how great the Bathhurst one
thousand was yesterday.

Speaker 3 (11:22):
I wondered, how long did it take you, Mike, truly
a great Bathurst. Not often that we get a car
race that's an actual race, but we certainly did this time.
I cannot tell you how monumental, magnificent and thrilling that
race was yesterday, and it was boring His batshit till
about lap sixty eight or nine, and the rain came

(11:45):
and all hell broke loose, and the most important thing
of all was Matt Pain won. And Matt Pain's only
in his third season, and he was teamed with Garth
Tender and the way he drove and how he drove
in certain circumstances has to be seen to be believed.
And you are an immortal. Once you won Bathurst, you
are an immortal. And I wouldn't be surprised, in fact,

(12:05):
I'd be ropable. He doesn't get a nomination for the hell.

Speaker 2 (12:09):
This is where I tell you yet again, every time
we talk about bearhearst that I've been round it in
a bus, which is quite exciting. Was it raining. I
don't think it was raining that day. I think got
snowed on at some stages of that day. So we're
in the Blue Mountains that started snowing on us. So
that was exciting. I'll I'll leave that. I'll leave that there,

(12:38):
and we will get on a bus, get in a supercar,
whatever you need to do, but get back at a
borrow and we'll do this again.

Speaker 1 (12:46):
See for more from News Talk sat B, listen live
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