March 23, 2026 • 11 mins
THE BEST BITS IN A SILLIER PACKAGE (from Monday's Mike Hosking Breakfast) Other Than a Few Minor Discussion Points/We're Never Doing Emergency Handouts Again. Except This Time/The Tanks Are Just Sitting There/I Will Never Be an Australian
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Speaker 1 (00:09):
You're listening to a podcast from News Talks. They'd be
follow this and our wide range of podcasts now on iHeartRadio.
Speaker 2 (00:24):
Therapy.
Speaker 3 (00:26):
There welcome to the rewrap for Tuesday, all the best
butts from the mic asking breakfast on News Talks there'd
be in a sillier package. I'm Glen Heart today. What
is the government going to do about your prizes? Should
they do anything? Marsden point is just sitting there and
why aren't we just a state of Australia. But before
(00:47):
any of that, there's craping questions this morning, aren't they.
Speaker 2 (00:50):
Before any of that?
Speaker 3 (00:52):
It's good to hear that chump's been having a great
old yak with whoever it is who's running a run
and it's all sorted yay.
Speaker 4 (01:01):
Just like that. The deadline's off a and the price
of oil is down. Is it Taco trade Tuesday? A?
Trump always chickens out a very intent on making deal,
says the man who said Iran wants to make a deal,
but we don't until we do, And that, sadly is
how it goes in a world that seemingly is run
by mad people. Greenland was going to be invaded till
it wasn't. The Strait is a strait jacket for the
US president, of course, in a war that increasingly looks
(01:23):
a lot more complicated than he ever anticipated. We're buying
Russian and a rainy in oil for goodness sake. That
alone is gob smackingly absurd. But we're doing that because,
for reasons best known to themselves, and despite any amount
of history pointing in other directions, they didn't seem to
think the Strait would be as closed as it is.
I honestly, once again, given history, cannot believe this is true.
This would be over if it wasn't for the Strait. No,
(01:47):
there is no regime change. There may never be regime change.
But as I've said a number of times, don't look
to paint this conflict with a traditional brush, given the
bloke we're dealing with isn't traditional or even normal. Straight aside,
if he called it off today claimed victory cut a
so called deal, no one is around to really argue.
Iran is flattened, some heavyweight leaderships dead, the place will
be rebuilding for years. The world would move on. But
(02:09):
the Strait, the oil. You can't pretend that's fine. As
much as you can pretend to war is won if
normality is not returned, if ships aren't moving, the oil
price isn't back in the seventies or eighties, making it
worse as the entire world is paying the price and
is his fault. The whole world is hating on him.
While the waterway doesn't work. It's real, it's tangible, it's indisputable,
and that is why he has done what he's done
(02:29):
this morning. So much of a wider war is open
to interpretation, is available for verbal massage, its perception, regime change,
or military destruction. It's open for a story to be
told or a lie to be planted. But a waterway
is open or it isn't. Ships sail through or they don't.
Business gets done or it doesn't. And right now it isn't,
and it's his fault and everyone knows it. He's lost
(02:49):
the ability to jawbone the oil price. He's down to
a massive threat. It may work, it may not. If
he wins, it may chasen him for the rest of
his presidency. It may not. But victory is now not
what victory looked like three weeks ago, and in that
is yet another lesson for American interventions.
Speaker 3 (03:05):
Ah, yeah, so the great peacemaker and cheep. You know
what is that eight nineteen eleven wars?
Speaker 2 (03:11):
He's he's stopped.
Speaker 3 (03:13):
I'm not do you get credit for stopping a war
that you started? It's you know, there's no telling where
they could in.
Speaker 2 (03:22):
It's rewrap anyway. Like I say, he's been yeahcking it away, having.
Speaker 3 (03:27):
A good old chin wag with with.
Speaker 2 (03:32):
Who's he been speaking.
Speaker 4 (03:33):
With exactly, So at one o'clock, two o'clock, he's gonna
blow everything up. Until he wasn't, of course, and now
he's he wasn't dealing with him. He couldn't find anyone
the other day they went through all the all the
leaders were dead. They're all dead, and he couldn't find
anyone to talk to until, of course he could.
Speaker 5 (03:45):
We're dealing with the man who I believe is the
most respected and the leader.
Speaker 2 (03:51):
You know, it's a little tough.
Speaker 5 (03:52):
They've wiped out, we've wiped out everybody. No, not the
Supreme Leader. We don't well, nobody's ever nobody heard of
the second Supreme Leader of the Sun direct nobody. We
have not heard from the Sun. Everyone said what you
see statement made, but we haven't.
Speaker 2 (04:09):
We don't know of his living.
Speaker 5 (04:11):
But the people that seem to be running it, and
they seem that based on really fact, because things they've
said have taken place.
Speaker 4 (04:19):
I mean, honestly, how many times do I have to say,
you can't make this stuff up? It's just unbelievable. When
it's over. Do you think we'll missus? Well, not the war?
I mean Trump. When it's all over, do you think
will missus?
Speaker 2 (04:33):
Absolutely not.
Speaker 3 (04:35):
He then went on today to appear at the Memphis
Business round Table and then toured Graceland because why wouldn't
you go on a tour of Graceland at this particular
point in history.
Speaker 2 (04:51):
That's fantastic optics. And at that point I was out.
I was like, no, I've had my field today.
Speaker 3 (04:59):
You probably haven't had your fell today because it's too
expensive to fill today. So what's the government going to
do to make it cheaper for us to feel? Especially
for people whose businesses basically run on fuel.
Speaker 4 (05:11):
The question is what can the government do to help
you offset the war and its costs? The answers will
not only be all different, of course, chances are no
one is going to end up satisfied or even grateful.
And yet that is the dilemma the government currently faces,
as indeed to all governments, the moment something untoward happens,
our first port of call is always the government. Of course,
epic fury is not the government's fault. It is not
(05:32):
of their making. It is just life in an increasingly
unsettled and unpredictable world. Now, depending also on your political leaning,
depends on just what sort of role the government should
have in your life. It is made worse for our
government because its election year. Their great fear will be one,
this thing isn't over soon, and two therefore the fallout
will be simply keep getting worse and worse. Outside of petrol,
(05:54):
we actually haven't seen any impact yet because most have
already forgotten. This thing is only three weeks old, and
even though they said it could be six, we're over
it already. But in some way, shape or form, we
will be short of something sooner or later. The trick
for the government is to pull the trigger. The trigger
is being pulled today. What sort of trigger is it?
Once you start, your first trap is the out. Getting
(06:15):
in is always easier than getting out. Turning the tap
on is always easier than turning it off. What's the
end what's it look like? What has to happen? You
really win on that, you see, Given we don't know
what happens next in a conflict, we have no control
over what are the parameters of the help, How targeted
can it be? How much should a government help and
who should they help? If it's petrol, why not food?
(06:37):
Why not your mortgage? I mean they're all directly related
and will all potentially move because of the war. Best
scenario is, of course, this thing gets wrapped and it's
a blip and we can all get on life. And
the overnight action, of course, would indicate that this thing's
going to be over sooner rather than later. But from
the starting point of having less than no money in
a world where debt is getting more expensive and nothing
(06:58):
you do will be enough, you wouldn't wish that headache
on your worst enemy, would you.
Speaker 3 (07:03):
Yeah, I'm a little bit concerned how quickly there sense
to be noises about, you know, some kind of fuel
bailout package given that, And I said this in the
other very good podcast, but I've got some small part
on our New Storks.
Speaker 2 (07:22):
They'd been earlier this morning, I said then, and I
stand by it.
Speaker 3 (07:27):
I feel like We've just had a big report that
said we did too much bailing out of people and
it got our economy into a bit of a pickle
during the last international mega crisis. So yeah, we'd rather
not go down that road again if we could possibly
avoid it, especially now that the price of oil is
already down ten percent today rewrapped.
Speaker 2 (07:49):
Okay. So people keep bleating on and on.
Speaker 3 (07:52):
And on and on and on about marson Point. And
I don't mean the Mahopper developments Marina there. I'm talking
about the refinery. But apparently there is a reason to
have another look at the refinery, and it's not really
for the refine.
Speaker 4 (08:08):
Marsden just quickly. Peter's referred to it in a speech
on Sunday. He referred to the specific cabinet paper that
Megan Wood's, the genius in fuel that she is. She
decided the risks were next to zero, so she wasn't
going to winterfere. Of course, where the closure of Marsden Point.
All the people who text me going Marsden Point was private,
the government had nothing to do with it are wrong.
They are wrong, wrong, wrong, wrong and wrong. Yes, Marsden
(08:31):
Point is a private company, but the government could have
done something with it. They could have. Governments can do anything.
So the ideology at the time was we hate fuel,
we hate gas, we hate oil. So we're going to
scuff the whole thing. And that's why to a degree
we're in part in trouble now. But incoming to government
is part of the coalition agreement. This is the other
thing people text me about, why don't we just reopen
(08:53):
And I don't know why you're still asking me this question.
The inquiry was done, it was part of the coalition agreement.
The inquiry was done. The bill to open it back
up would be billions. We can't afford it, so forget that.
But there is storage there for tens of mealllions of
liters of fuel. If they'd only been able to sort
of basically clean them out, tiding them up and get
(09:14):
them back in use, that's still a realistic possibility. Another
I think it's thirty million liters, and so instead of
fifty days and to be sixty days, et cetera. The
more we can store the better. So they were right.
It is indisputable now to say that New Zealand first
weren't correct because they were.
Speaker 3 (09:32):
So we're not allowed to store petro at home, but
they are allowed to store more of it in one
place for a long time than in the same fair anyway, whatever,
if the tank's just sitting there.
Speaker 2 (09:43):
Would fill o up deck the rerat.
Speaker 3 (09:46):
You know that things are bad when people start talking
about about us becoming a state of Australia.
Speaker 4 (09:51):
Yeah, you're not liking the idea of us joining Australia
as a state. Absolutely no mic to becoming an Australian state.
The only reason I was being facetious. Obviously it's not
going to happen. But yesterday at the press conferences was
Willis Jones and Luxon Luxon. It sort of came out,
so they've realigned, we're realigning with petrol and he painted
a and I thought it was very true. If a
tank is coming down from Singapore or Korea and it's
(10:13):
got neckstop Sydney or Melbourne, if we have some sort
of special ingredients in our fuel, that's different. Who the
hell's coming down to a market of five million people
like New Zealand, Why don't they deal with the market
of thirty million people? And that sort of alignment is
where we need to head. And the Prime minters to
spoke reasonably eloquently about where we need to head in
that direction doesn't necessarily mean becoming a state, but given
(10:36):
that we've all left for Australia anyway, and we'd get
a better economy, and we'd get a better dollar, and
we'd get more easy access to fuel worth thinking about us.
Speaker 3 (10:47):
Obviously it's ridiculous. I'll never be an Australian, could never
bring myself to be. If they want to be another
island of New Zealand, I don't have a massive problem
with that. I mean, And then that way they get
to have a rugby team that can a national rugby
team that when sometimes the best in URL team and
(11:10):
the competition currently a Formula One driver who can finish
a race.
Speaker 2 (11:17):
Nina go on, they actually can say.
Speaker 3 (11:23):
They invented Peblova and their crowd houses from there all
that stuff.
Speaker 2 (11:32):
I am glen hat proud.
Speaker 3 (11:34):
New Zealander and I'll be back with more New Zealand
focused stuff Tomorrow's.
Speaker 1 (11:38):
CN 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. They'd be
follow this and our wide range of podcasts now on iHeartRadio.
Speaker 2 (00:24):
Therapy.
Speaker 3 (00:26):
There welcome to the rewrap for Tuesday, all the best
butts from the mic asking breakfast on News Talks there'd
be in a sillier package. I'm Glen Heart today. What
is the government going to do about your prizes? Should
they do anything? Marsden point is just sitting there and
why aren't we just a state of Australia. But before
(00:47):
any of that, there's craping questions this morning, aren't they.
Speaker 2 (00:50):
Before any of that?
Speaker 3 (00:52):
It's good to hear that chump's been having a great
old yak with whoever it is who's running a run
and it's all sorted yay.
Speaker 4 (01:01):
Just like that. The deadline's off a and the price
of oil is down. Is it Taco trade Tuesday? A?
Trump always chickens out a very intent on making deal,
says the man who said Iran wants to make a deal,
but we don't until we do, And that, sadly is
how it goes in a world that seemingly is run
by mad people. Greenland was going to be invaded till
it wasn't. The Strait is a strait jacket for the
US president, of course, in a war that increasingly looks
(01:23):
a lot more complicated than he ever anticipated. We're buying
Russian and a rainy in oil for goodness sake. That
alone is gob smackingly absurd. But we're doing that because,
for reasons best known to themselves, and despite any amount
of history pointing in other directions, they didn't seem to
think the Strait would be as closed as it is.
I honestly, once again, given history, cannot believe this is true.
This would be over if it wasn't for the Strait. No,
(01:47):
there is no regime change. There may never be regime change.
But as I've said a number of times, don't look
to paint this conflict with a traditional brush, given the
bloke we're dealing with isn't traditional or even normal. Straight aside,
if he called it off today claimed victory cut a
so called deal, no one is around to really argue.
Iran is flattened, some heavyweight leaderships dead, the place will
be rebuilding for years. The world would move on. But
(02:09):
the Strait, the oil. You can't pretend that's fine. As
much as you can pretend to war is won if
normality is not returned, if ships aren't moving, the oil
price isn't back in the seventies or eighties, making it
worse as the entire world is paying the price and
is his fault. The whole world is hating on him.
While the waterway doesn't work. It's real, it's tangible, it's indisputable,
and that is why he has done what he's done
(02:29):
this morning. So much of a wider war is open
to interpretation, is available for verbal massage, its perception, regime change,
or military destruction. It's open for a story to be
told or a lie to be planted. But a waterway
is open or it isn't. Ships sail through or they don't.
Business gets done or it doesn't. And right now it isn't,
and it's his fault and everyone knows it. He's lost
(02:49):
the ability to jawbone the oil price. He's down to
a massive threat. It may work, it may not. If
he wins, it may chasen him for the rest of
his presidency. It may not. But victory is now not
what victory looked like three weeks ago, and in that
is yet another lesson for American interventions.
Speaker 3 (03:05):
Ah, yeah, so the great peacemaker and cheep. You know
what is that eight nineteen eleven wars?
Speaker 2 (03:11):
He's he's stopped.
Speaker 3 (03:13):
I'm not do you get credit for stopping a war
that you started? It's you know, there's no telling where
they could in.
Speaker 2 (03:22):
It's rewrap anyway. Like I say, he's been yeahcking it away, having.
Speaker 3 (03:27):
A good old chin wag with with.
Speaker 2 (03:32):
Who's he been speaking.
Speaker 4 (03:33):
With exactly, So at one o'clock, two o'clock, he's gonna
blow everything up. Until he wasn't, of course, and now
he's he wasn't dealing with him. He couldn't find anyone
the other day they went through all the all the
leaders were dead. They're all dead, and he couldn't find
anyone to talk to until, of course he could.
Speaker 5 (03:45):
We're dealing with the man who I believe is the
most respected and the leader.
Speaker 2 (03:51):
You know, it's a little tough.
Speaker 5 (03:52):
They've wiped out, we've wiped out everybody. No, not the
Supreme Leader. We don't well, nobody's ever nobody heard of
the second Supreme Leader of the Sun direct nobody. We
have not heard from the Sun. Everyone said what you
see statement made, but we haven't.
Speaker 2 (04:09):
We don't know of his living.
Speaker 5 (04:11):
But the people that seem to be running it, and
they seem that based on really fact, because things they've
said have taken place.
Speaker 4 (04:19):
I mean, honestly, how many times do I have to say,
you can't make this stuff up? It's just unbelievable. When
it's over. Do you think we'll missus? Well, not the war?
I mean Trump. When it's all over, do you think
will missus?
Speaker 2 (04:33):
Absolutely not.
Speaker 3 (04:35):
He then went on today to appear at the Memphis
Business round Table and then toured Graceland because why wouldn't
you go on a tour of Graceland at this particular
point in history.
Speaker 2 (04:51):
That's fantastic optics. And at that point I was out.
I was like, no, I've had my field today.
Speaker 3 (04:59):
You probably haven't had your fell today because it's too
expensive to fill today. So what's the government going to
do to make it cheaper for us to feel? Especially
for people whose businesses basically run on fuel.
Speaker 4 (05:11):
The question is what can the government do to help
you offset the war and its costs? The answers will
not only be all different, of course, chances are no
one is going to end up satisfied or even grateful.
And yet that is the dilemma the government currently faces,
as indeed to all governments, the moment something untoward happens,
our first port of call is always the government. Of course,
epic fury is not the government's fault. It is not
(05:32):
of their making. It is just life in an increasingly
unsettled and unpredictable world. Now, depending also on your political leaning,
depends on just what sort of role the government should
have in your life. It is made worse for our
government because its election year. Their great fear will be one,
this thing isn't over soon, and two therefore the fallout
will be simply keep getting worse and worse. Outside of petrol,
(05:54):
we actually haven't seen any impact yet because most have
already forgotten. This thing is only three weeks old, and
even though they said it could be six, we're over
it already. But in some way, shape or form, we
will be short of something sooner or later. The trick
for the government is to pull the trigger. The trigger
is being pulled today. What sort of trigger is it?
Once you start, your first trap is the out. Getting
(06:15):
in is always easier than getting out. Turning the tap
on is always easier than turning it off. What's the
end what's it look like? What has to happen? You
really win on that, you see, Given we don't know
what happens next in a conflict, we have no control
over what are the parameters of the help, How targeted
can it be? How much should a government help and
who should they help? If it's petrol, why not food?
(06:37):
Why not your mortgage? I mean they're all directly related
and will all potentially move because of the war. Best
scenario is, of course, this thing gets wrapped and it's
a blip and we can all get on life. And
the overnight action, of course, would indicate that this thing's
going to be over sooner rather than later. But from
the starting point of having less than no money in
a world where debt is getting more expensive and nothing
(06:58):
you do will be enough, you wouldn't wish that headache
on your worst enemy, would you.
Speaker 3 (07:03):
Yeah, I'm a little bit concerned how quickly there sense
to be noises about, you know, some kind of fuel
bailout package given that, And I said this in the
other very good podcast, but I've got some small part
on our New Storks.
Speaker 2 (07:22):
They'd been earlier this morning, I said then, and I
stand by it.
Speaker 3 (07:27):
I feel like We've just had a big report that
said we did too much bailing out of people and
it got our economy into a bit of a pickle
during the last international mega crisis. So yeah, we'd rather
not go down that road again if we could possibly
avoid it, especially now that the price of oil is
already down ten percent today rewrapped.
Speaker 2 (07:49):
Okay. So people keep bleating on and on.
Speaker 3 (07:52):
And on and on and on about marson Point. And
I don't mean the Mahopper developments Marina there. I'm talking
about the refinery. But apparently there is a reason to
have another look at the refinery, and it's not really
for the refine.
Speaker 4 (08:08):
Marsden just quickly. Peter's referred to it in a speech
on Sunday. He referred to the specific cabinet paper that
Megan Wood's, the genius in fuel that she is. She
decided the risks were next to zero, so she wasn't
going to winterfere. Of course, where the closure of Marsden Point.
All the people who text me going Marsden Point was private,
the government had nothing to do with it are wrong.
They are wrong, wrong, wrong, wrong and wrong. Yes, Marsden
(08:31):
Point is a private company, but the government could have
done something with it. They could have. Governments can do anything.
So the ideology at the time was we hate fuel,
we hate gas, we hate oil. So we're going to
scuff the whole thing. And that's why to a degree
we're in part in trouble now. But incoming to government
is part of the coalition agreement. This is the other
thing people text me about, why don't we just reopen
(08:53):
And I don't know why you're still asking me this question.
The inquiry was done, it was part of the coalition agreement.
The inquiry was done. The bill to open it back
up would be billions. We can't afford it, so forget that.
But there is storage there for tens of mealllions of
liters of fuel. If they'd only been able to sort
of basically clean them out, tiding them up and get
(09:14):
them back in use, that's still a realistic possibility. Another
I think it's thirty million liters, and so instead of
fifty days and to be sixty days, et cetera. The
more we can store the better. So they were right.
It is indisputable now to say that New Zealand first
weren't correct because they were.
Speaker 3 (09:32):
So we're not allowed to store petro at home, but
they are allowed to store more of it in one
place for a long time than in the same fair anyway, whatever,
if the tank's just sitting there.
Speaker 2 (09:43):
Would fill o up deck the rerat.
Speaker 3 (09:46):
You know that things are bad when people start talking
about about us becoming a state of Australia.
Speaker 4 (09:51):
Yeah, you're not liking the idea of us joining Australia
as a state. Absolutely no mic to becoming an Australian state.
The only reason I was being facetious. Obviously it's not
going to happen. But yesterday at the press conferences was
Willis Jones and Luxon Luxon. It sort of came out,
so they've realigned, we're realigning with petrol and he painted
a and I thought it was very true. If a
tank is coming down from Singapore or Korea and it's
(10:13):
got neckstop Sydney or Melbourne, if we have some sort
of special ingredients in our fuel, that's different. Who the
hell's coming down to a market of five million people
like New Zealand, Why don't they deal with the market
of thirty million people? And that sort of alignment is
where we need to head. And the Prime minters to
spoke reasonably eloquently about where we need to head in
that direction doesn't necessarily mean becoming a state, but given
(10:36):
that we've all left for Australia anyway, and we'd get
a better economy, and we'd get a better dollar, and
we'd get more easy access to fuel worth thinking about us.
Speaker 3 (10:47):
Obviously it's ridiculous. I'll never be an Australian, could never
bring myself to be. If they want to be another
island of New Zealand, I don't have a massive problem
with that. I mean, And then that way they get
to have a rugby team that can a national rugby
team that when sometimes the best in URL team and
(11:10):
the competition currently a Formula One driver who can finish
a race.
Speaker 2 (11:17):
Nina go on, they actually can say.
Speaker 3 (11:23):
They invented Peblova and their crowd houses from there all
that stuff.
Speaker 2 (11:32):
I am glen hat proud.
Speaker 3 (11:34):
New Zealander and I'll be back with more New Zealand
focused stuff Tomorrow's.
Speaker 1 (11:38):
CN 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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