October 29, 2025 • 12 mins
THE BEST BITS IN A SILLIER PACKAGE (from Thursday's Mike Hosking Breakfast) Let's Not Bother/Do You Want Electricity or Not?/You Can Only Sell it Once/Cheer Up, Business/Love a Good Bite Out
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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,
The Rewrap.
Speaker 2 (00:25):
Okay there and welcome to the Rewrap for Thursday. All
the best, but's from the Mike Clasking Breakfast on Newsbalks EDB.
I am Glenn Hart and today how can we make
our power if we don't make it out of wind?
We're still talking about this Fonterra SELLUF. I thought it
had already happened. Business sentiment, We've got a survey, how
(00:46):
are we sentimenting? And Mike's been to a new restaurant.
And before any of that climate change, I think we've
solved that. Thanks Bill Gates.
Speaker 3 (00:54):
You know, I think the biggest test for those who
fell over backwards when Bill Gates said what he did
yesterday is not that he said it. It's whether the
people he talks about can possibly begin to accept that
they might be wrong, they might be on the wrong
side of the whole equation, and that is a result
of the Gates revelation. They may need we can only
hope to readjust some of the obsessive behavior they've shown
these past few years. As climate change has become the
(01:16):
maniacal calling card for too many. Not that climate change,
as Bill points out, isn't an issue, because it is,
and some good work has been done. But where Gates
is so right and deserves so much respect is that
he has worked out that there has been an astonishing
amount of waste in the area. Lord knows what amount
of time, energy, and money has been spent on too
many things going nowhere. Climate change, he concludes, will not
(01:38):
Why pass out now? There are more pressing areas. He's
concluded his new passion is hunger. Usad has been smashed
to pieces by the Trump administration people as a result
of literally dying. In other words, he's prioritizing, he's pragmatic.
He's to be thanked for that. Of course, for many
of us, this isn't news. I mean, Gates is but
one of a growing group where are driven by the
right reasons or not, who have come to the conclusion
(01:58):
that the climate obsession has gone too far and is
now damaging rather than fixing. The difference here the importance
of this is that Gates is one of them, one
of the disciples, one of the believers, until, of course
he's decided he isn't He is the best sort of skeptic,
a well reasoned, highly studied, and partial observer brought to
the conclusion by the work. He's not a bandwagoner, he's
(02:21):
not an obsessive. He's an observer. He used his wealth
from a success to investigate the planet's big issues, and
he's decided climate change can go down the pecking order.
God bless him for that. The trick, though, the important bit.
Can those immersed get what he's saying? Can they dare
to believe? It? May all need a bit of raining
in or in their eyes as Gas merely a deluded traitor.
(02:42):
And if they can't, but we do, how much further
is the obsessive reputation damaged as more and more of
the world sides with Gates and not the nutters. Really
is the most.
Speaker 2 (02:52):
Remarkable thing what we've watched happen over the last few
years is people have gone, I know, he said we
were going to clean up our acts, but it's turned
out that it's just really expensive. It's just so much
harder than we thought it was going to be. So
commercial realities, you know, and they just honestly no longer
(03:15):
care that they're making the planet uninhebitable, and they're not
willing to make any sacrifices. I mean, don't get me wrong,
I'm not willing to make any sacrifices. But yeah, I
guess I was just hoping that as a world we
would move past that a bit. I can't. I suppose
I can't expect the world to be better than me.
Speaker 3 (03:35):
So we wrap.
Speaker 2 (03:36):
I mean, this is a classic example for you. So
we get the announcement of this big investment into wind
power in New Zealand, but I know we only want
certain types of electricity.
Speaker 3 (03:52):
For God's sake, Mike, stop these disgusting eyesols of turbines
and solar farms. Hydro is the only way to go
and make you dreaming, absolutely dreaming. If you think, if
you think we're going to start building dams in this country,
have a look at the last damn we built, which
is in the top of the South Island. Have a
look at the budget, have a look at timing. We
are never going to be building substantial dams ever. Again,
very good peace on country calendar. A couple of months ago,
(04:14):
there was a farm in the wire Wrapper and they
had some windmills on there, and I thought to the
eye didn't seem bad to me. They had the sheep,
they had the windmills. I thought, you know, I can
live with that. What I visually worry about are these
gargan hawks Bay seems to be the place, these gargantuan
solar farms, you know, hundreds of thousands of and they
(04:34):
say it's all hiding behind a hedge. But then, having
said that, you know what you and I think visually
is a lost argument. We're literally wasting our time. The
horse has bolted and this is the future. Like it
or not.
Speaker 2 (04:45):
I mean, here's your choice. They have a windmill outside
your house, a turbine that you look at out the window,
or you can look out the window at sea. I
don't know whatever it was there before, a playing field.
But when you look inside your house, you won't be
looking at a TV or a computer screen anymore. I
(05:07):
guess what's guess what's happening there?
Speaker 1 (05:11):
Rewraph.
Speaker 2 (05:12):
Was there ever a time in the history of the
world where we didn't just think in such short term
ways and we actually planned a little bit for the future,
for future generations? Did that ever happen? I mean, I
get that in the olden days, life was short, so
it probably was less likely to happen. But it's like this,
(05:32):
this Fonterra thing. I mean, yes, billions of dollars in farmers'
pockets one time sounds good, But as I keep saying,
you can't then sell that thing again, can you? Whereas
if you own the thing that's making things, you can
keep selling those things, you know.
Speaker 3 (05:49):
What I mean. Fonterra Day today, of course, vote closes
to sell or not to sell, to collector before billion,
or to carry on as is. Gut seems to be
similar to the Alliances vote the other week, although both
scenarios could not be more different. Of course, Alliance in
a pile of physical trouble and those of fortune Fonterira laughing.
The vote needs fifty percent plus one. I'd be astonished
if they didn't get it by some margin. And a
(06:10):
piece I read this week it was suggested this whole
thing has flown a bit under the radar, with even
Winston Peter's Lake to the Party. Now I'm not sure
that's true. We've talked about it a lot on this program,
although in general terms, I did think to myself yesterday,
to my dismay, a lot of the media coverage these days,
focus is on the clickbaity here and now, as opposed
to the broader issues that will affect us on an
ongoing basis. So maybe the author was right. Each farmer
(06:32):
on average will collect about four hundred thousand dollars tax free.
The counter is you're giving away brands that are part
of New Zealand fabric, and a patriotism was a greater
player in our collective psyche. We may be having a
different conversation. It's an odd sale. I mean, farmers are laughing.
These are the golden days. The consumer side of Fonterra,
the bit they want to sell is actually doing fine.
This isn't a stress sale or for sale. It's an
(06:54):
opportunistic sale, a kind of what the hell why not?
Sort of sale. In all honesty, although I'm against it,
I can tell you I am am I so against
it that if I was a farmer and four hundred
thousand dollars was arriving my malebux so I'd still feel this, Samon,
don't think so. Part of business and owning a company
is at some point there's got to be a return,
and given what Fontira has been through these past few years,
(07:16):
it's a big call not to cash and with the
going's good, I would have thought it wasn't that long ago.
Never forget that Fontira was all over the place. They
were invested in any number of hair brain schemes, and
demand for the powder wasn't what it is right now.
Right now, things have been tidied up. The ship is
right and the windows good. So today we'll see a solid, yes,
a massive payday and maybe some fingers crossed that we
don't in the ensuing years talk about regrets.
Speaker 2 (07:38):
I think it might actually be on board with me
with that one. I mean, it is very hard to
tell people to turn down instant cash and you will
it though, isn't it. That's again, I don't know what
I personally would do in that situation. I've never had
the option, but I'd probably take it too. I've got
your classics. Say one thing to another guy. That's what
(07:59):
I am today, rewrap. Okay, So we've been hearing all
these stories about green shoots and flickers and glimmers and
green tinge and yeah, you know, the global headwinds are
easing and so sorely business. They're super confident about what's
going to happen next.
Speaker 3 (08:18):
Right, performance sentiment related matters from BDO this Morning six
months six monthly survey, forty eight percent of business leaders
feel positive, which means fifty seven percent don't. Thirty five
percent of business leaders felt positive about their current financials,
so that's only thirty five so that's not good. More
than five hundred and thirty businesses take part in this
particular survey. Tourism the biggest decline in positivity, followed by retail,
(08:40):
followed by construction, agribusiness of course laughing. Fifty six percent
of those expected to feel positive about their performance in
six months time. Now the problem with that, you go, oh, well,
that's the majority. Problem with that is six months ago
was sixty six percent, So I don't know what we
read into that. Because I'm feeling good about twenty six
these guys aren't.
Speaker 2 (09:01):
It's the other thing I find weird is how much
of this whole capitalist society we live and seems to
just be based on whether you're feeling good or not,
whether you're into something or you aren't into something. It's
not really like a tangible thing. It's just a we
think we deal of that stink. So you're probably not
(09:24):
gonna spend any money or borrow any money.
Speaker 1 (09:27):
So it's a rewrap.
Speaker 2 (09:29):
You know what makes me feel good about life A
nice bite out, nice dinner, especially if you try something
new and it's good quickly.
Speaker 3 (09:40):
Didn't last night my insight new setup, big cost in
the setup, Italian gone and made a lot of furniture
and I mean beautiful. And it comes down to this.
It's about vision. Because of course, obviously the question is
and the parents of this particular owner, this woman who
started this restaurant, the parents, do you really want to
open a restaurant in an environment like this? And her
(10:02):
answer was it's driven by passion. Life is short. You
dream big and you do what you long to do,
and you know, you go hard or go home. And
that's why she started it. And I've come to the
conclusion that's basically what a lot of hospos about. And
what I also told her yesterday is she'll succeed because
she's good at what she does. And this particular place
is very well run, very well staffed, it's got great food.
(10:24):
It'll go gangbusters. It'll be a fantastic success story because
you can succeed no matter what the environment, and people
are out there doing great things because if everybody just
sat here going, oh Telian, Well, it's not a very
good time to do anything, is it. No one to
do anything. So people are out there taking risks and
taking chances, and God blessed them for doing it. And
if you don't dream, you'll never know. So's she's one
(10:47):
that's out there, and I think she'll be fine, thank
you very much.
Speaker 2 (10:50):
Yeah, Italian. Is that making a bit of a comeback
because that used to be sort of the only kind
of ethnic restaurant that you could go to. Back in
the day. There were Chinese restaurants and there were Italian
restaurants and that was about it. And then Mexican came
along and that really spice things that. Ah, yes, kids,
I'll tell you what beckon those days. And and you're Italian,
(11:10):
you know it was basically it was pizza and there
were a couple of passa dishes, you know, in a lasagna,
you know. That was that was sort of it. It's
a bit flash than it now. I think it's a
very nice place in where I live. Well, I've had
one amazing meal there in one pretty average one, and
(11:33):
you know what the difference was, this was the service.
You get good service, especially good drink service. You can
forget about a lot of other things, can't you. I
am Glen Heart. That was the rewrap. I'm positive, Mike's positive.
Don't listen to all the people who own businesses and
have a great day.
Speaker 1 (12:01):
For more from news talks that'd be listen live on
air or online, and keep our shows with you wherever
you go with our podcast on iHeartRadio.
You're listening to a podcast from News Talk said B.
Follow this and our wide range of podcasts now on iHeartRadio,
The Rewrap.
Speaker 2 (00:25):
Okay there and welcome to the Rewrap for Thursday. All
the best, but's from the Mike Clasking Breakfast on Newsbalks EDB.
I am Glenn Hart and today how can we make
our power if we don't make it out of wind?
We're still talking about this Fonterra SELLUF. I thought it
had already happened. Business sentiment, We've got a survey, how
(00:46):
are we sentimenting? And Mike's been to a new restaurant.
And before any of that climate change, I think we've
solved that. Thanks Bill Gates.
Speaker 3 (00:54):
You know, I think the biggest test for those who
fell over backwards when Bill Gates said what he did
yesterday is not that he said it. It's whether the
people he talks about can possibly begin to accept that
they might be wrong, they might be on the wrong
side of the whole equation, and that is a result
of the Gates revelation. They may need we can only
hope to readjust some of the obsessive behavior they've shown
these past few years. As climate change has become the
(01:16):
maniacal calling card for too many. Not that climate change,
as Bill points out, isn't an issue, because it is,
and some good work has been done. But where Gates
is so right and deserves so much respect is that
he has worked out that there has been an astonishing
amount of waste in the area. Lord knows what amount
of time, energy, and money has been spent on too
many things going nowhere. Climate change, he concludes, will not
(01:38):
Why pass out now? There are more pressing areas. He's
concluded his new passion is hunger. Usad has been smashed
to pieces by the Trump administration people as a result
of literally dying. In other words, he's prioritizing, he's pragmatic.
He's to be thanked for that. Of course, for many
of us, this isn't news. I mean, Gates is but
one of a growing group where are driven by the
right reasons or not, who have come to the conclusion
(01:58):
that the climate obsession has gone too far and is
now damaging rather than fixing. The difference here the importance
of this is that Gates is one of them, one
of the disciples, one of the believers, until, of course
he's decided he isn't He is the best sort of skeptic,
a well reasoned, highly studied, and partial observer brought to
the conclusion by the work. He's not a bandwagoner, he's
(02:21):
not an obsessive. He's an observer. He used his wealth
from a success to investigate the planet's big issues, and
he's decided climate change can go down the pecking order.
God bless him for that. The trick, though, the important bit.
Can those immersed get what he's saying? Can they dare
to believe? It? May all need a bit of raining
in or in their eyes as Gas merely a deluded traitor.
(02:42):
And if they can't, but we do, how much further
is the obsessive reputation damaged as more and more of
the world sides with Gates and not the nutters. Really
is the most.
Speaker 2 (02:52):
Remarkable thing what we've watched happen over the last few
years is people have gone, I know, he said we
were going to clean up our acts, but it's turned
out that it's just really expensive. It's just so much
harder than we thought it was going to be. So
commercial realities, you know, and they just honestly no longer
(03:15):
care that they're making the planet uninhebitable, and they're not
willing to make any sacrifices. I mean, don't get me wrong,
I'm not willing to make any sacrifices. But yeah, I
guess I was just hoping that as a world we
would move past that a bit. I can't. I suppose
I can't expect the world to be better than me.
Speaker 3 (03:35):
So we wrap.
Speaker 2 (03:36):
I mean, this is a classic example for you. So
we get the announcement of this big investment into wind
power in New Zealand, but I know we only want
certain types of electricity.
Speaker 3 (03:52):
For God's sake, Mike, stop these disgusting eyesols of turbines
and solar farms. Hydro is the only way to go
and make you dreaming, absolutely dreaming. If you think, if
you think we're going to start building dams in this country,
have a look at the last damn we built, which
is in the top of the South Island. Have a
look at the budget, have a look at timing. We
are never going to be building substantial dams ever. Again,
very good peace on country calendar. A couple of months ago,
(04:14):
there was a farm in the wire Wrapper and they
had some windmills on there, and I thought to the
eye didn't seem bad to me. They had the sheep,
they had the windmills. I thought, you know, I can
live with that. What I visually worry about are these
gargan hawks Bay seems to be the place, these gargantuan
solar farms, you know, hundreds of thousands of and they
(04:34):
say it's all hiding behind a hedge. But then, having
said that, you know what you and I think visually
is a lost argument. We're literally wasting our time. The
horse has bolted and this is the future. Like it
or not.
Speaker 2 (04:45):
I mean, here's your choice. They have a windmill outside
your house, a turbine that you look at out the window,
or you can look out the window at sea. I
don't know whatever it was there before, a playing field.
But when you look inside your house, you won't be
looking at a TV or a computer screen anymore. I
(05:07):
guess what's guess what's happening there?
Speaker 1 (05:11):
Rewraph.
Speaker 2 (05:12):
Was there ever a time in the history of the
world where we didn't just think in such short term
ways and we actually planned a little bit for the future,
for future generations? Did that ever happen? I mean, I
get that in the olden days, life was short, so
it probably was less likely to happen. But it's like this,
(05:32):
this Fonterra thing. I mean, yes, billions of dollars in farmers'
pockets one time sounds good, But as I keep saying,
you can't then sell that thing again, can you? Whereas
if you own the thing that's making things, you can
keep selling those things, you know.
Speaker 3 (05:49):
What I mean. Fonterra Day today, of course, vote closes
to sell or not to sell, to collector before billion,
or to carry on as is. Gut seems to be
similar to the Alliances vote the other week, although both
scenarios could not be more different. Of course, Alliance in
a pile of physical trouble and those of fortune Fonterira laughing.
The vote needs fifty percent plus one. I'd be astonished
if they didn't get it by some margin. And a
(06:10):
piece I read this week it was suggested this whole
thing has flown a bit under the radar, with even
Winston Peter's Lake to the Party. Now I'm not sure
that's true. We've talked about it a lot on this program,
although in general terms, I did think to myself yesterday,
to my dismay, a lot of the media coverage these days,
focus is on the clickbaity here and now, as opposed
to the broader issues that will affect us on an
ongoing basis. So maybe the author was right. Each farmer
(06:32):
on average will collect about four hundred thousand dollars tax free.
The counter is you're giving away brands that are part
of New Zealand fabric, and a patriotism was a greater
player in our collective psyche. We may be having a
different conversation. It's an odd sale. I mean, farmers are laughing.
These are the golden days. The consumer side of Fonterra,
the bit they want to sell is actually doing fine.
This isn't a stress sale or for sale. It's an
(06:54):
opportunistic sale, a kind of what the hell why not?
Sort of sale. In all honesty, although I'm against it,
I can tell you I am am I so against
it that if I was a farmer and four hundred
thousand dollars was arriving my malebux so I'd still feel this, Samon,
don't think so. Part of business and owning a company
is at some point there's got to be a return,
and given what Fontira has been through these past few years,
(07:16):
it's a big call not to cash and with the
going's good, I would have thought it wasn't that long ago.
Never forget that Fontira was all over the place. They
were invested in any number of hair brain schemes, and
demand for the powder wasn't what it is right now.
Right now, things have been tidied up. The ship is
right and the windows good. So today we'll see a solid, yes,
a massive payday and maybe some fingers crossed that we
don't in the ensuing years talk about regrets.
Speaker 2 (07:38):
I think it might actually be on board with me
with that one. I mean, it is very hard to
tell people to turn down instant cash and you will
it though, isn't it. That's again, I don't know what
I personally would do in that situation. I've never had
the option, but I'd probably take it too. I've got
your classics. Say one thing to another guy. That's what
(07:59):
I am today, rewrap. Okay, So we've been hearing all
these stories about green shoots and flickers and glimmers and
green tinge and yeah, you know, the global headwinds are
easing and so sorely business. They're super confident about what's
going to happen next.
Speaker 3 (08:18):
Right, performance sentiment related matters from BDO this Morning six
months six monthly survey, forty eight percent of business leaders
feel positive, which means fifty seven percent don't. Thirty five
percent of business leaders felt positive about their current financials,
so that's only thirty five so that's not good. More
than five hundred and thirty businesses take part in this
particular survey. Tourism the biggest decline in positivity, followed by retail,
(08:40):
followed by construction, agribusiness of course laughing. Fifty six percent
of those expected to feel positive about their performance in
six months time. Now the problem with that, you go, oh, well,
that's the majority. Problem with that is six months ago
was sixty six percent, So I don't know what we
read into that. Because I'm feeling good about twenty six
these guys aren't.
Speaker 2 (09:01):
It's the other thing I find weird is how much
of this whole capitalist society we live and seems to
just be based on whether you're feeling good or not,
whether you're into something or you aren't into something. It's
not really like a tangible thing. It's just a we
think we deal of that stink. So you're probably not
(09:24):
gonna spend any money or borrow any money.
Speaker 1 (09:27):
So it's a rewrap.
Speaker 2 (09:29):
You know what makes me feel good about life A
nice bite out, nice dinner, especially if you try something
new and it's good quickly.
Speaker 3 (09:40):
Didn't last night my insight new setup, big cost in
the setup, Italian gone and made a lot of furniture
and I mean beautiful. And it comes down to this.
It's about vision. Because of course, obviously the question is
and the parents of this particular owner, this woman who
started this restaurant, the parents, do you really want to
open a restaurant in an environment like this? And her
(10:02):
answer was it's driven by passion. Life is short. You
dream big and you do what you long to do,
and you know, you go hard or go home. And
that's why she started it. And I've come to the
conclusion that's basically what a lot of hospos about. And
what I also told her yesterday is she'll succeed because
she's good at what she does. And this particular place
is very well run, very well staffed, it's got great food.
(10:24):
It'll go gangbusters. It'll be a fantastic success story because
you can succeed no matter what the environment, and people
are out there doing great things because if everybody just
sat here going, oh Telian, Well, it's not a very
good time to do anything, is it. No one to
do anything. So people are out there taking risks and
taking chances, and God blessed them for doing it. And
if you don't dream, you'll never know. So's she's one
(10:47):
that's out there, and I think she'll be fine, thank
you very much.
Speaker 2 (10:50):
Yeah, Italian. Is that making a bit of a comeback
because that used to be sort of the only kind
of ethnic restaurant that you could go to. Back in
the day. There were Chinese restaurants and there were Italian
restaurants and that was about it. And then Mexican came
along and that really spice things that. Ah, yes, kids,
I'll tell you what beckon those days. And and you're Italian,
(11:10):
you know it was basically it was pizza and there
were a couple of passa dishes, you know, in a lasagna,
you know. That was that was sort of it. It's
a bit flash than it now. I think it's a
very nice place in where I live. Well, I've had
one amazing meal there in one pretty average one, and
(11:33):
you know what the difference was, this was the service.
You get good service, especially good drink service. You can
forget about a lot of other things, can't you. I
am Glen Heart. That was the rewrap. I'm positive, Mike's positive.
Don't listen to all the people who own businesses and
have a great day.
Speaker 1 (12:01):
For more from news talks that'd be listen live on
air or online, and keep our shows with you wherever
you go with our podcast on iHeartRadio.
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