December 2, 2025 • 11 mins
THE BEST BITS IN A SILLIER PACKAGE (from Wednesday's Mike Hosking Breakfast) RBNZ Not Done Yet/Liam's Seat Safe/Hello, Honor/When You Can't Let it Go/Worst Meeting Ever
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Speaker 1 (00:09):
You're listening to a podcast from news Talk, said, be
follow this and our wide range of podcasts now on
iHeartRadio Rewrap and.
Speaker 2 (00:26):
Welcome to the Rewrap for Wednesday, all the best bits
from the my casting breakfast on Newstalk said, be in
a sillier package, Irom glen Hart and today Yesley and
Lawson safe in his seat at last, while officially at last.
Speaker 3 (00:39):
So that's good.
Speaker 2 (00:40):
We've got a whole new phone brand in New Zealand
to choose from now, so any competition's got to be good, right,
Serena Williams back from the dead apparently, and how a
Trump Cabinet meeting goes. But before any of that interests cuts,
we thought we might have seen the end of them.
Speaker 3 (00:58):
That seemed to be.
Speaker 2 (00:59):
What Christian Hawk's be indicated on his last appearances acting
Reserve Bank governor.
Speaker 3 (01:05):
But some people say maybe not now.
Speaker 4 (01:08):
The mail I'm getting got a bit more official yesterday
with Fitch are suggesting they think the Reserve Bank isn't done.
A lot of people thought the Reserve Bank was done
cutting the cash rate. This is filling in. Well, the
filling Governor Hawksby basically said as much last week. Now
on the inference that it was over what's happening here
as swap rates on the wholesale market have started going up.
(01:29):
Now why should you care about this? Well, because if
you owe money to a bank, a lot of their
income to lend comes from wholesale markets. It goes up,
so does your interest bill, which is what has been
happening since last Thursday. Now this is where we get
into subtlety in nuance. Technically, Hawksby said the bank remains
open to further action. So if you line Hawksby up
in a court, he could defend himself. But as always
in these matters, it's the in between the line, you know,
(01:51):
it's the nod and the wink stuff that the markets read,
and they're reading an end and as a result, the
numbers a rising tied in but sort of in a sight.
If another cutter's coming, as Fitch suggests, things are further
complicated with our dollar, given places like Australia are doing
the opposite. Of course, their reserve bank is closer to
hiking than cut That affects how the world sees our
economy and our currency. And at eighty seven Australian and
(02:12):
forty three to the pound, we look anemic. Fitch, for
good measure, seems downbeat about our recovery as well. They're
calling two percent growth next year. That's GDP two percent.
They were saying two point seven. Now this brings in
the government. The government in election year would like two
point seven over two percent. Obviously two percent they can
work with, I guess, but two point seven that would
be a home court advantage, wouldn't it. And if you
(02:33):
want one more thing, that kind of backs up the
Fitch funk Black Friday, as Andrew told us, didn't work.
Spinning was down on last year. Personally, I think that's
about it being a crock of you know what, and
it's more clickbait these days than it is bargains and
people are basically over being ripped off. But that's just
me so anyway, hawksby with a trail of questions left
behind as he heads off to the beach. If you
(02:53):
were one of the so often quoted ones who are
rolling out of one mortgage into another, these still seem
to be some pretty tricky times to try and get
it right, And you want to hope that Fitch basically
is misread.
Speaker 2 (03:05):
Ah, I think we've heaven't we all agreed now that
sanymists don't really know anything more about which way things
are going to go than we're the forecasters and polsters
I think we have.
Speaker 3 (03:17):
It'll be fine.
Speaker 1 (03:18):
It's a rewrap.
Speaker 2 (03:19):
So for all the people who predicted that Liam Lawson
was in trouble at red Ball, they go in the
same boat as the economists and the posters and the
weather forecasters.
Speaker 4 (03:28):
Tell you what the really good part about Liam Lawson
holding his racing ball seat is. It's based, of course
on talent in a world that rightly or wrongly, too
often relies on rich people to thunder seat. Like Brendan
Hartley before him, Laws and arrived behind the wheel because
he's good. The decision is not to be underestimated for
this country either. Formula one is a truly global sport
and it's growing in popularity. To be part of that,
(03:50):
even altruistically, is a major win for us. All I reckon.
As much as we love, you know, rugby and cricket
and netball, these are not real global interest activities. Not
since I guess Steven Adams have we had someone at
this level of elitness. And even then the NBA has
got a lot of teams and even more players. I mean,
if you think of a golf certain football at the EPO, well,
I guess tennis is about it. In terms of real
(04:11):
global power. We also have this extraordinary history, of course
with motorsport, tiny country names like McLaren and Holm, Dixon, McLachlin.
But Formula one sits at the very peak of it all.
I mean it's limited. Think about it this way. Limited
to twenty drivers twenty two as of next year. It's
exceedingly limited in access. The path to the top is tortuous,
the determination and skill required to make it as extraordinary.
(04:34):
Of all the drivers in all the categories of motorsport,
which must number tens of thousands, you are in the
top twenty, and as Lawson has shown this year at fourteen,
in fact, he's far from the worst of the twenty.
The trick was to get into the big game. He
did that. Next trick is to stay there the opening
seasons the most fragile ass of reason. Do in and sergeant,
(04:54):
get past that hurdle. Be part of a team going
place as your next step is to test how good
you really are. Do other teams come calling? Do you
drive above the level of your car? Do you have
a long term place in the greatest of motorsport competitions.
Do you standard chants of lining up alongside those grades.
All of these possibilities are in front of Liam Lawson
as a result of today's decision. Talk about living the
(05:16):
dream and we are along for the rhine.
Speaker 2 (05:19):
Now that he's such a permanent fixture in there, it's
a shame they didn't include him in the in apples
if one movie, My dear, it was a shame that
they didn't include stuff like realistic dialogue and you know,
any indication that they understood how Formula one racing actually works,
like you know, qualifying rounds and sprint races and things
(05:40):
like that.
Speaker 3 (05:41):
Oh well, wrap all right.
Speaker 2 (05:43):
Exciting day if you're planning on buying somebody a smart
device for Christmas, because you've now got more to choose from.
Speaker 1 (05:52):
The ins and the ouse. It's the bizz with business fiber,
take your business productivity to the next left.
Speaker 4 (05:59):
The folding phone wars have arrived in this country. So
we've got a new brand in the country. It's called
Honor h O n O R. They were under Huahwei,
but Huiawei sold them five years ago to the Shengin government.
So I would have thought that's your first red flag. Anyway,
they had the thinnest foldable phone in the world. So
(06:22):
if you're looking for foldable, next thing you look for
is wait and so you got thurnan folding. It's called
the Magic V five. It's priced at twenty eight hundred
and ninety nine dollars. Let's call that twenty nine hundred shelly?
Is that a lot? Well, depends what you're buying. Samsung
have got a similar one for three and a half
(06:43):
thousand dollars, so yes, it is seems to be a bargain.
What happens here is because they are new, they're doing
a deal for you. So you get your foldable phone
and they'll give you a smart watch as well. Is
that directly connected to the Chinese government? Is that like
you when the Chinese government want to talk to you?
Speaker 2 (07:00):
It actually comes with a lot of guarantees about security
and privacy.
Speaker 4 (07:04):
Does it really? And a tablet so you get that.
Hang on, so you get a smart watch and a
table it's for free, So that's worth nine hundred and
forty eight dollars. And apart from the Magic V five Foldaball,
they've also launched hab Honor, I watch a tablet's samea
buds and more affordable non folding phone, which is the
on a four hundred Pro. It's not magic. The only
(07:25):
four hundred isn't.
Speaker 3 (07:26):
Magic, it's just Pro.
Speaker 4 (07:27):
It's just Pro. So that's only eleven hundred bucks only,
I say, only eleven hundred bulls. So anyway, that's on
your shopping list for Christmas. We love the tech, don't we.
We love the tech.
Speaker 3 (07:40):
We certainly do love the tech.
Speaker 2 (07:41):
I'm actually lucky enough to have one of those Honor
Magic V five foldaballs in my pocket right now, and
a beautiful rose gold color actually dawn gold I think
they call it, And yeah, I'll do because I'm reviewing it.
Speaker 3 (07:58):
That's why I've got it.
Speaker 2 (07:59):
And as you can tell, I'm pretty impressed with it.
Very good pear tree life, lovely camera and as we said,
they're very very thin. So exciting times. Welcome to New Zealand,
Honor Rerap and welcome back to Tennis, Serena Williams. How
lovely to see you back again.
Speaker 3 (08:21):
And don't listen to Mike when he says that you're
too old?
Speaker 4 (08:23):
Can you believe this? There's something psychologically wrong with some people.
Serena Williams, it has been reported this morning, has made
the decision to return to professional tennis now as a libertarian.
I'm all in favor of it. She can do whatever
she likes. Liber own life, be your own person. Fantastic,
But there's something problematic with elite athletes who can't walk away.
So this is three years after her final match, not
(08:44):
to be confused, of course, with a sister Venus who's
forty five, is still active. Serena's forty four. So she
is officially applied this morning for reinstatement. What does she
hope to prove? Hasn't she done it all? And if
you've done it all, don't you walk away? Coming back
never works? Asked Jordan asked Brady.
Speaker 3 (09:05):
No, are any there from the sixty year old radio ho.
Speaker 2 (09:09):
Only he hasn't come back from anywhere, I mean other
than the wilderness originally when he first out at the job, being.
Speaker 3 (09:18):
A ash of my beloved colleague, good bloke. No, it
all stuck up the rewrap. At least we don't have.
Speaker 2 (09:25):
To go to too many meetings, and the meetings that
we do go to tend to last about two and
a half minutes, not like, oh Man, the Trump cabinet
meeting today, you wouldn't believe it.
Speaker 3 (09:35):
Mike.
Speaker 4 (09:35):
I hope you're watching or hearing about Trump's ninth cabinet
meeting second term. Very interesting. I wish our government was
doing the same. Jason, what sort of life do you hold?
I mean, honestly, Jason, we have been watching this this
morning because I'm actually paid to watch this stuff, and
we were just saying off air, what a what a
circle jerk it is? I mean literally, at a big
ground table or oval table, each person talks and goes, hell,
(09:58):
I miss the president. We've been very busy in the
labor department. We are cracking down, just like you instructed
us to do. And that goes on for five minutes.
Then they just go around the table. It is the
most boring dissertation that you've ever seen.
Speaker 2 (10:10):
So it's coming from the guy who spends all the
afternoon watching in Australia on stationary bike.
Speaker 4 (10:15):
I know boring television when I see it, and this
is next level.
Speaker 3 (10:19):
It lasted almost as long as our show that their
cabinet meeting.
Speaker 2 (10:26):
I always wonder what that smells like in the room
when you see that many people crowded in there that
closely together, and they didn't have very many cameras in there,
and so some of the people you could only see
the back of their heads when they were talking.
Speaker 3 (10:40):
So Toulcy gathered, for example, you.
Speaker 2 (10:42):
Know she's gone with the Harry Potter villain style white
stripe in the front of her hair.
Speaker 3 (10:47):
We couldn't see that. You could only see the back
of their head while she was talking.
Speaker 2 (10:50):
And she appeared to be thinning at the back of
her here, which that was a bit distressing.
Speaker 3 (10:56):
Anyway, I've got off topic there. Thanks for listening.
Speaker 2 (11:00):
That was the rewrap, and we're back with more stuff
that will definitely be more entertaining than a Trump cabinet
meeting tomorrow.
Speaker 1 (11:07):
Year 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, said, be
follow this and our wide range of podcasts now on
iHeartRadio Rewrap and.
Speaker 2 (00:26):
Welcome to the Rewrap for Wednesday, all the best bits
from the my casting breakfast on Newstalk said, be in
a sillier package, Irom glen Hart and today Yesley and
Lawson safe in his seat at last, while officially at last.
Speaker 3 (00:39):
So that's good.
Speaker 2 (00:40):
We've got a whole new phone brand in New Zealand
to choose from now, so any competition's got to be good, right,
Serena Williams back from the dead apparently, and how a
Trump Cabinet meeting goes. But before any of that interests cuts,
we thought we might have seen the end of them.
Speaker 3 (00:58):
That seemed to be.
Speaker 2 (00:59):
What Christian Hawk's be indicated on his last appearances acting
Reserve Bank governor.
Speaker 3 (01:05):
But some people say maybe not now.
Speaker 4 (01:08):
The mail I'm getting got a bit more official yesterday
with Fitch are suggesting they think the Reserve Bank isn't done.
A lot of people thought the Reserve Bank was done
cutting the cash rate. This is filling in. Well, the
filling Governor Hawksby basically said as much last week. Now
on the inference that it was over what's happening here
as swap rates on the wholesale market have started going up.
(01:29):
Now why should you care about this? Well, because if
you owe money to a bank, a lot of their
income to lend comes from wholesale markets. It goes up,
so does your interest bill, which is what has been
happening since last Thursday. Now this is where we get
into subtlety in nuance. Technically, Hawksby said the bank remains
open to further action. So if you line Hawksby up
in a court, he could defend himself. But as always
in these matters, it's the in between the line, you know,
(01:51):
it's the nod and the wink stuff that the markets read,
and they're reading an end and as a result, the
numbers a rising tied in but sort of in a sight.
If another cutter's coming, as Fitch suggests, things are further
complicated with our dollar, given places like Australia are doing
the opposite. Of course, their reserve bank is closer to
hiking than cut That affects how the world sees our
economy and our currency. And at eighty seven Australian and
(02:12):
forty three to the pound, we look anemic. Fitch, for
good measure, seems downbeat about our recovery as well. They're
calling two percent growth next year. That's GDP two percent.
They were saying two point seven. Now this brings in
the government. The government in election year would like two
point seven over two percent. Obviously two percent they can
work with, I guess, but two point seven that would
be a home court advantage, wouldn't it. And if you
(02:33):
want one more thing, that kind of backs up the
Fitch funk Black Friday, as Andrew told us, didn't work.
Spinning was down on last year. Personally, I think that's
about it being a crock of you know what, and
it's more clickbait these days than it is bargains and
people are basically over being ripped off. But that's just
me so anyway, hawksby with a trail of questions left
behind as he heads off to the beach. If you
(02:53):
were one of the so often quoted ones who are
rolling out of one mortgage into another, these still seem
to be some pretty tricky times to try and get
it right, And you want to hope that Fitch basically
is misread.
Speaker 2 (03:05):
Ah, I think we've heaven't we all agreed now that
sanymists don't really know anything more about which way things
are going to go than we're the forecasters and polsters
I think we have.
Speaker 3 (03:17):
It'll be fine.
Speaker 1 (03:18):
It's a rewrap.
Speaker 2 (03:19):
So for all the people who predicted that Liam Lawson
was in trouble at red Ball, they go in the
same boat as the economists and the posters and the
weather forecasters.
Speaker 4 (03:28):
Tell you what the really good part about Liam Lawson
holding his racing ball seat is. It's based, of course
on talent in a world that rightly or wrongly, too
often relies on rich people to thunder seat. Like Brendan
Hartley before him, Laws and arrived behind the wheel because
he's good. The decision is not to be underestimated for
this country either. Formula one is a truly global sport
and it's growing in popularity. To be part of that,
(03:50):
even altruistically, is a major win for us. All I reckon.
As much as we love, you know, rugby and cricket
and netball, these are not real global interest activities. Not
since I guess Steven Adams have we had someone at
this level of elitness. And even then the NBA has
got a lot of teams and even more players. I mean,
if you think of a golf certain football at the EPO, well,
I guess tennis is about it. In terms of real
(04:11):
global power. We also have this extraordinary history, of course
with motorsport, tiny country names like McLaren and Holm, Dixon, McLachlin.
But Formula one sits at the very peak of it all.
I mean it's limited. Think about it this way. Limited
to twenty drivers twenty two as of next year. It's
exceedingly limited in access. The path to the top is tortuous,
the determination and skill required to make it as extraordinary.
(04:34):
Of all the drivers in all the categories of motorsport,
which must number tens of thousands, you are in the
top twenty, and as Lawson has shown this year at fourteen,
in fact, he's far from the worst of the twenty.
The trick was to get into the big game. He
did that. Next trick is to stay there the opening
seasons the most fragile ass of reason. Do in and sergeant,
(04:54):
get past that hurdle. Be part of a team going
place as your next step is to test how good
you really are. Do other teams come calling? Do you
drive above the level of your car? Do you have
a long term place in the greatest of motorsport competitions.
Do you standard chants of lining up alongside those grades.
All of these possibilities are in front of Liam Lawson
as a result of today's decision. Talk about living the
(05:16):
dream and we are along for the rhine.
Speaker 2 (05:19):
Now that he's such a permanent fixture in there, it's
a shame they didn't include him in the in apples
if one movie, My dear, it was a shame that
they didn't include stuff like realistic dialogue and you know,
any indication that they understood how Formula one racing actually works,
like you know, qualifying rounds and sprint races and things
(05:40):
like that.
Speaker 3 (05:41):
Oh well, wrap all right.
Speaker 2 (05:43):
Exciting day if you're planning on buying somebody a smart
device for Christmas, because you've now got more to choose from.
Speaker 1 (05:52):
The ins and the ouse. It's the bizz with business fiber,
take your business productivity to the next left.
Speaker 4 (05:59):
The folding phone wars have arrived in this country. So
we've got a new brand in the country. It's called
Honor h O n O R. They were under Huahwei,
but Huiawei sold them five years ago to the Shengin government.
So I would have thought that's your first red flag. Anyway,
they had the thinnest foldable phone in the world. So
(06:22):
if you're looking for foldable, next thing you look for
is wait and so you got thurnan folding. It's called
the Magic V five. It's priced at twenty eight hundred
and ninety nine dollars. Let's call that twenty nine hundred shelly?
Is that a lot? Well, depends what you're buying. Samsung
have got a similar one for three and a half
(06:43):
thousand dollars, so yes, it is seems to be a bargain.
What happens here is because they are new, they're doing
a deal for you. So you get your foldable phone
and they'll give you a smart watch as well. Is
that directly connected to the Chinese government? Is that like
you when the Chinese government want to talk to you?
Speaker 2 (07:00):
It actually comes with a lot of guarantees about security
and privacy.
Speaker 4 (07:04):
Does it really? And a tablet so you get that.
Hang on, so you get a smart watch and a
table it's for free, So that's worth nine hundred and
forty eight dollars. And apart from the Magic V five Foldaball,
they've also launched hab Honor, I watch a tablet's samea
buds and more affordable non folding phone, which is the
on a four hundred Pro. It's not magic. The only
(07:25):
four hundred isn't.
Speaker 3 (07:26):
Magic, it's just Pro.
Speaker 4 (07:27):
It's just Pro. So that's only eleven hundred bucks only,
I say, only eleven hundred bulls. So anyway, that's on
your shopping list for Christmas. We love the tech, don't we.
We love the tech.
Speaker 3 (07:40):
We certainly do love the tech.
Speaker 2 (07:41):
I'm actually lucky enough to have one of those Honor
Magic V five foldaballs in my pocket right now, and
a beautiful rose gold color actually dawn gold I think
they call it, And yeah, I'll do because I'm reviewing it.
Speaker 3 (07:58):
That's why I've got it.
Speaker 2 (07:59):
And as you can tell, I'm pretty impressed with it.
Very good pear tree life, lovely camera and as we said,
they're very very thin. So exciting times. Welcome to New Zealand,
Honor Rerap and welcome back to Tennis, Serena Williams. How
lovely to see you back again.
Speaker 3 (08:21):
And don't listen to Mike when he says that you're
too old?
Speaker 4 (08:23):
Can you believe this? There's something psychologically wrong with some people.
Serena Williams, it has been reported this morning, has made
the decision to return to professional tennis now as a libertarian.
I'm all in favor of it. She can do whatever
she likes. Liber own life, be your own person. Fantastic,
But there's something problematic with elite athletes who can't walk away.
So this is three years after her final match, not
(08:44):
to be confused, of course, with a sister Venus who's
forty five, is still active. Serena's forty four. So she
is officially applied this morning for reinstatement. What does she
hope to prove? Hasn't she done it all? And if
you've done it all, don't you walk away? Coming back
never works? Asked Jordan asked Brady.
Speaker 3 (09:05):
No, are any there from the sixty year old radio ho.
Speaker 2 (09:09):
Only he hasn't come back from anywhere, I mean other
than the wilderness originally when he first out at the job, being.
Speaker 3 (09:18):
A ash of my beloved colleague, good bloke. No, it
all stuck up the rewrap. At least we don't have.
Speaker 2 (09:25):
To go to too many meetings, and the meetings that
we do go to tend to last about two and
a half minutes, not like, oh Man, the Trump cabinet
meeting today, you wouldn't believe it.
Speaker 3 (09:35):
Mike.
Speaker 4 (09:35):
I hope you're watching or hearing about Trump's ninth cabinet
meeting second term. Very interesting. I wish our government was
doing the same. Jason, what sort of life do you hold?
I mean, honestly, Jason, we have been watching this this
morning because I'm actually paid to watch this stuff, and
we were just saying off air, what a what a
circle jerk it is? I mean literally, at a big
ground table or oval table, each person talks and goes, hell,
(09:58):
I miss the president. We've been very busy in the
labor department. We are cracking down, just like you instructed
us to do. And that goes on for five minutes.
Then they just go around the table. It is the
most boring dissertation that you've ever seen.
Speaker 2 (10:10):
So it's coming from the guy who spends all the
afternoon watching in Australia on stationary bike.
Speaker 4 (10:15):
I know boring television when I see it, and this
is next level.
Speaker 3 (10:19):
It lasted almost as long as our show that their
cabinet meeting.
Speaker 2 (10:26):
I always wonder what that smells like in the room
when you see that many people crowded in there that
closely together, and they didn't have very many cameras in there,
and so some of the people you could only see
the back of their heads when they were talking.
Speaker 3 (10:40):
So Toulcy gathered, for example, you.
Speaker 2 (10:42):
Know she's gone with the Harry Potter villain style white
stripe in the front of her hair.
Speaker 3 (10:47):
We couldn't see that. You could only see the back
of their head while she was talking.
Speaker 2 (10:50):
And she appeared to be thinning at the back of
her here, which that was a bit distressing.
Speaker 3 (10:56):
Anyway, I've got off topic there. Thanks for listening.
Speaker 2 (11:00):
That was the rewrap, and we're back with more stuff
that will definitely be more entertaining than a Trump cabinet
meeting tomorrow.
Speaker 1 (11:07):
Year 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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