November 9, 2025 • 11 mins
THE BEST BITS IN A SILLIER PACKAGE (from Monday's Mike Hosking Breakfast) Don't They Want the Economy to Improve?/Don't We Want to Save the Planet?/BBC's Revolving Door/Reasons Not to Move to Australia/Where's Liam?
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Speaker 1 (00:09):
You're listening to a podcast from News Talk zed B.
Follow this and our wide range of podcasts now on iHeartRadio.
Speaker 2 (00:24):
Rewrap.
Speaker 3 (00:25):
Okay there and welcome to the Rewrap for Monday, all
the best bits from the MI casting breakfast on news Talks.
He'd be in a sillier package. I am Glenn Harten today.
So another cop has come and gone. Mike's been watching
that with great interest. He loves them BBC another head
of that is coming gone as well. We'll find out
(00:46):
why shortly. We've got more reasons not to move to Australia.
And Liam Lawson did really well today, but you might
not have figured that out if you were just you know,
like watching the coverage on TV. But before any of that,
the banks are going great guns. Yay the banks.
Speaker 4 (01:03):
Battle of the Bank but yes is back. B and Z,
who announced their profit last week, talked to be strong
competition out there, but I hope their margin went up
up six points to two point four to three. So
if there's so much competition, how can the margins up?
Then came the claim from the Reserve Bank, among others,
that the big banks are being tardy when it comes
to passing on the RB cuts to us punters. Now
(01:23):
smaller banks are sharper apparently SBS. They claims they've hoovered
up by almost six thousand new customers as changing banks
has become easier. Remember SBS last week put out their
three point nine to nine money limited to certain people
but a market leader. Nevertheless. Now, tied into all of
this is the retail bank's long held argument that the
margins higher because they need the cushion because the reserve
(01:44):
bank makes them store away too much money for troubled times.
But but, but, but but those rules are changing and
changing in the retail bank's favor. In other words, less
money is required. Therefore, in theory smaller margins. You can
also put in there the simple truth that has always
been in play. There is nothing stopping us shopping around.
We have a good number of retail banks and they
do do deals. I know I've done deals. Some banks
(02:06):
will shave decent margins to get your business. Trouble is,
a lot of us are too lazy to try. Moaning,
you see, is easier than hustling. So who's right here?
Are there we of tael banks tardy? Is it a
major issue? Is Nikola Willis right when she says things,
and by things, she means rules need to change. I,
of course have long argued willis's too much hype and
it's not all that bad. But i'll tell you what.
(02:26):
I'm increasingly moving towards accepting that I might be wrong
on this, as the RB points out, as wholesale rates drop,
the margins have risen, and on latest numbers they are
keeping on rising. Maybe God forbid. Adrian All was right
when he used to come on this program and lambas
the banks for making too many excuses. What I do
know is the conditions are increasingly right, either through the
(02:49):
wholesale rates or the changes to reserve bank rules for
us to see one the margins fall, and two the
cuts to be passed through in full and faster. And
the longer that takes to happen, the more we need
to see the big banks potentially as a problem and
bad actors in the economy.
Speaker 3 (03:06):
It's weird. It's must be a weird equation for the banks,
because surely they don't want the economy to be bad,
because wouldn't it be better for the banks if the
economy was good? Or is that not how it works?
I have that confused by it all no change. There
rewrap no confusion from Might with regards to the latest
(03:28):
COP meeting.
Speaker 4 (03:29):
At least The key is Starma I read over the weekend,
or I was actually watching them over the weekend. Actually
I had read the room right. The unity around climate change,
he said from South America from COP thirty has gone.
And as world leaders bag Trump as well, they Mighty
as an easy target for the zealots. The simple truth
that Starma was bold enough to point out is not
really about Trump, who thinks climate change of courses are
scam but rather the many millions of people have at
(03:51):
last realized that although climate change is real, we are
not going to be able to change things enough to
get the targets we promised ourselves we might have all
those years ago. Self interest has won the day, because
self interest always wins the day. The economic damage to
any given country is simply an monstrably too great for
a populace to bear, and given most of the populist
(04:12):
libs in the industrialized and first world places that create
the most emissions, no one advocating the sort of carnage
required to reach a Paris number is going to ever
get elected to a position to be able to do it.
Certainly we can build windmills and have battery storage and
hope it rains. But as our very own country is discovered,
we have never needed coal more because the Zalots, when
they were in charge, stop looking for oil and gas,
(04:33):
didn't build enough renewable so left us dangerously short of
being able to heat the towels in the bathroom. So
this is not about climate change being bad, or policies
being wound back or too little, too late, or the
endless hyperbole from the alarmists about it being an emergency.
It is about the simple reality that after a while,
the fear and theory become a simple truth as more
and more regular people experience and understand the demands required,
(04:56):
and we have increasingly decided they are too great. Will
science help? Probably? Will the Zalots still squeal in an
off putting in a sterical tone, almost certainly? Will there
be a cop thirty one? Of course there will be.
Starma has it right? Peak climate change momentum came and
went rightly or wrongly, We couldn't do it. We in
(05:16):
reality we're never going to do it. So the hero
and now is about the acceptance that's well, Whether it's
easy to promise, it's hard or in some cases, impossible
to deliver.
Speaker 3 (05:27):
I'm saying to feel a bit like the guy in
nineteen eighty four, George Whil's ninety eighty four, because you know,
it turns out that he's kind of in the wrong
because he's the only one who thinks the way he does,
even though he thinks the way we do. We're sort
of sympathetic towards him, but he's actually wrong because everybody
else thinks a different way. I'm starting to feel that
(05:47):
way about the whole climate change thing that everybody's gone, oh,
it's too hard. We don't like doing hard things, so
let's just end up in a fiery, steamy, flooded mess
because we can't be bothered trying to fix it. It's
too hard. Wrap all right, So more fun and games
for the BBC and their Power Narama show. This seems
(06:10):
to happen every few years, isn't it that they get
something completely wrong and everybody gets fired.
Speaker 4 (06:15):
This is Davy from the BBC. He's just quit over
the Panorama scandal. He claims it's entirely his decision. I'm
working through exact timings with the board to allow for
an orderly transition. I've been reflecting on the very intense
personal and professional demands of managing this role over many
years in these feberal times, combined with the fact that
(06:35):
I want to give a success a time to help
shape the charter plans they'll be delivering whatever. Overall, the
BBC is delivering well, but there have been some mistakes made.
But as directed general, I have to take the ultimate responsibility.
So on that good on him. The head of News
is gone, as I mentioned Amima Togo, and I'm assuming
those responsible within Panorama are being booted out the revolving
(06:59):
door of the BBC as we speak as well.
Speaker 3 (07:01):
Yeah we shall. We take the same approach to Karen
Affairs as we do to the climate. It's just a
bit hard, So let's just not do it anymore. Let's
just make cruise shows in reality TV rerap right from
our more reasons not to move through as Australia file.
It turns out if you don't like, you know, intensification,
(07:22):
three story houses and a bunch of them know per site,
Australia may not be for you.
Speaker 4 (07:28):
See if this rings a bell for you, they've got
quote unquote in Australia a radical because of course their
housing's going off. They've got the same problem we have
to the extent they're not building enough houses. Too many
people are coming into the country. Therefore supplies not meeting demand,
or demand is not meeting supply, and they've got quote
unquote A radical plan to revamp the nation's capital cities
(07:49):
comes from the Gratin Institute. You ready. It's to allow
three story apartments anywhere in capital cities. It will create
sixty seven thousand extra homes annually. Seeks to tackle restrictive
zoning and low density areas, where up to eighty seven
percent of land a zone for three stories or fewer.
The change would slash rents by twelve percent and cut
the median house rice b one hundred thousand dollars. Three
(08:09):
houses three stories on a block of land. Where have
you heard that particular one before?
Speaker 3 (08:15):
Of course, the weird thing about it is there's lots
of space in Australia. You could argue that they've got
more space than just about anyone, but no, everybody's going
to be all squished together. That's how we love it.
Rerap right, We're going to finish up. It's been one
of those shows where I've had to watch a sport
all the way through the show. It's very distracting, but
(08:37):
I think we were on top of it with the
F one. Good day for Liam doesn't get the coverage
he deserves.
Speaker 4 (08:45):
According to Mike, he is Liam post race or was
it appropriate to make such a move given the hard
town points and particularly yourself with a single stop strategy,
you know you're.
Speaker 1 (08:55):
Not expected to come under attack from a teammate right
at the end.
Speaker 2 (08:58):
Baby, it's still our slap of a race. Honestly, I
think there's no way that the team can expect or
anybody can expect. As much as it's the ideal thing
to do, there's no way that we're not going to
raise for a position like that.
Speaker 3 (09:10):
So I respect that.
Speaker 2 (09:13):
Obviously it's we're lucky that we came out of it.
But it's been a great weekend for the team.
Speaker 4 (09:18):
So it has been a very good weekend for the team.
And what's interesting and it infurigates me, And if you
follow the F one you'll know what I'm talking about.
They're international pictures, so when you're looking at sky as
in Sky UK, it's not them. They just talk to
the pictures. The pictures are run by the fai FIA.
Now the problem with the coverage of Liam as there
is none, and they've got to do something about it,
(09:39):
because when you get down to is he got down
to Q three qualifying three, last ten in the field,
you've only got ten cars on the whole track to cover.
And if you go back to qualifying three Q three
over the weekend, you name me a single shot, a
single moment where Lilliam's Karen Liam was talked about at
all in Q three And the answer is it wasn't
(10:00):
and there was a thing. I followed a guy called
Kim Illman who is an F one photographer and he
got some stats, so I think it was from Bakhu.
And Liam is the least mentioned if one driver of
anyone by so far. It doesn't matter so top with
someone like the step in at one hundred and fifty
mentions over a weekend, Liam got four. So you can't
(10:21):
tell me that's fear and balanced coverage in Q three.
If you're not mentioning all ten cars, there is something
wrong with your cabbage.
Speaker 3 (10:27):
I just find it depressing that they interview all these
guys after the race and they all look like they're
about twelve years old to my grumpy old man eyes.
Now I think, wow. I mean, I guess it's better
than being out in the streets. I suppose. I mean,
they're out on the streets and they're racing around in
(10:48):
fast cars, but you know, in a good way. I
am Glen Hart, never was a boy racer, not in
my seventy four hundred civic back in the day. But
I will see you back here again tomorrow. Good morning,
(11:08):
mm hmmm.
Speaker 1 (11:11):
For more from News Talk sed 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 zed B.
Follow this and our wide range of podcasts now on iHeartRadio.
Speaker 2 (00:24):
Rewrap.
Speaker 3 (00:25):
Okay there and welcome to the Rewrap for Monday, all
the best bits from the MI casting breakfast on news Talks.
He'd be in a sillier package. I am Glenn Harten today.
So another cop has come and gone. Mike's been watching
that with great interest. He loves them BBC another head
of that is coming gone as well. We'll find out
(00:46):
why shortly. We've got more reasons not to move to Australia.
And Liam Lawson did really well today, but you might
not have figured that out if you were just you know,
like watching the coverage on TV. But before any of that,
the banks are going great guns. Yay the banks.
Speaker 4 (01:03):
Battle of the Bank but yes is back. B and Z,
who announced their profit last week, talked to be strong
competition out there, but I hope their margin went up
up six points to two point four to three. So
if there's so much competition, how can the margins up?
Then came the claim from the Reserve Bank, among others,
that the big banks are being tardy when it comes
to passing on the RB cuts to us punters. Now
(01:23):
smaller banks are sharper apparently SBS. They claims they've hoovered
up by almost six thousand new customers as changing banks
has become easier. Remember SBS last week put out their
three point nine to nine money limited to certain people
but a market leader. Nevertheless. Now, tied into all of
this is the retail bank's long held argument that the
margins higher because they need the cushion because the reserve
(01:44):
bank makes them store away too much money for troubled times.
But but, but, but but those rules are changing and
changing in the retail bank's favor. In other words, less
money is required. Therefore, in theory smaller margins. You can
also put in there the simple truth that has always
been in play. There is nothing stopping us shopping around.
We have a good number of retail banks and they
do do deals. I know I've done deals. Some banks
(02:06):
will shave decent margins to get your business. Trouble is,
a lot of us are too lazy to try. Moaning,
you see, is easier than hustling. So who's right here?
Are there we of tael banks tardy? Is it a
major issue? Is Nikola Willis right when she says things,
and by things, she means rules need to change. I,
of course have long argued willis's too much hype and
it's not all that bad. But i'll tell you what.
(02:26):
I'm increasingly moving towards accepting that I might be wrong
on this, as the RB points out, as wholesale rates drop,
the margins have risen, and on latest numbers they are
keeping on rising. Maybe God forbid. Adrian All was right
when he used to come on this program and lambas
the banks for making too many excuses. What I do
know is the conditions are increasingly right, either through the
(02:49):
wholesale rates or the changes to reserve bank rules for
us to see one the margins fall, and two the
cuts to be passed through in full and faster. And
the longer that takes to happen, the more we need
to see the big banks potentially as a problem and
bad actors in the economy.
Speaker 3 (03:06):
It's weird. It's must be a weird equation for the banks,
because surely they don't want the economy to be bad,
because wouldn't it be better for the banks if the
economy was good? Or is that not how it works?
I have that confused by it all no change. There
rewrap no confusion from Might with regards to the latest
(03:28):
COP meeting.
Speaker 4 (03:29):
At least The key is Starma I read over the weekend,
or I was actually watching them over the weekend. Actually
I had read the room right. The unity around climate change,
he said from South America from COP thirty has gone.
And as world leaders bag Trump as well, they Mighty
as an easy target for the zealots. The simple truth
that Starma was bold enough to point out is not
really about Trump, who thinks climate change of courses are
scam but rather the many millions of people have at
(03:51):
last realized that although climate change is real, we are
not going to be able to change things enough to
get the targets we promised ourselves we might have all
those years ago. Self interest has won the day, because
self interest always wins the day. The economic damage to
any given country is simply an monstrably too great for
a populace to bear, and given most of the populist
(04:12):
libs in the industrialized and first world places that create
the most emissions, no one advocating the sort of carnage
required to reach a Paris number is going to ever
get elected to a position to be able to do it.
Certainly we can build windmills and have battery storage and
hope it rains. But as our very own country is discovered,
we have never needed coal more because the Zalots, when
they were in charge, stop looking for oil and gas,
(04:33):
didn't build enough renewable so left us dangerously short of
being able to heat the towels in the bathroom. So
this is not about climate change being bad, or policies
being wound back or too little, too late, or the
endless hyperbole from the alarmists about it being an emergency.
It is about the simple reality that after a while,
the fear and theory become a simple truth as more
and more regular people experience and understand the demands required,
(04:56):
and we have increasingly decided they are too great. Will
science help? Probably? Will the Zalots still squeal in an
off putting in a sterical tone, almost certainly? Will there
be a cop thirty one? Of course there will be.
Starma has it right? Peak climate change momentum came and
went rightly or wrongly, We couldn't do it. We in
(05:16):
reality we're never going to do it. So the hero
and now is about the acceptance that's well, Whether it's
easy to promise, it's hard or in some cases, impossible
to deliver.
Speaker 3 (05:27):
I'm saying to feel a bit like the guy in
nineteen eighty four, George Whil's ninety eighty four, because you know,
it turns out that he's kind of in the wrong
because he's the only one who thinks the way he does,
even though he thinks the way we do. We're sort
of sympathetic towards him, but he's actually wrong because everybody
else thinks a different way. I'm starting to feel that
(05:47):
way about the whole climate change thing that everybody's gone, oh,
it's too hard. We don't like doing hard things, so
let's just end up in a fiery, steamy, flooded mess
because we can't be bothered trying to fix it. It's
too hard. Wrap all right, So more fun and games
for the BBC and their Power Narama show. This seems
(06:10):
to happen every few years, isn't it that they get
something completely wrong and everybody gets fired.
Speaker 4 (06:15):
This is Davy from the BBC. He's just quit over
the Panorama scandal. He claims it's entirely his decision. I'm
working through exact timings with the board to allow for
an orderly transition. I've been reflecting on the very intense
personal and professional demands of managing this role over many
years in these feberal times, combined with the fact that
(06:35):
I want to give a success a time to help
shape the charter plans they'll be delivering whatever. Overall, the
BBC is delivering well, but there have been some mistakes made.
But as directed general, I have to take the ultimate responsibility.
So on that good on him. The head of News
is gone, as I mentioned Amima Togo, and I'm assuming
those responsible within Panorama are being booted out the revolving
(06:59):
door of the BBC as we speak as well.
Speaker 3 (07:01):
Yeah we shall. We take the same approach to Karen
Affairs as we do to the climate. It's just a
bit hard, So let's just not do it anymore. Let's
just make cruise shows in reality TV rerap right from
our more reasons not to move through as Australia file.
It turns out if you don't like, you know, intensification,
(07:22):
three story houses and a bunch of them know per site,
Australia may not be for you.
Speaker 4 (07:28):
See if this rings a bell for you, they've got
quote unquote in Australia a radical because of course their
housing's going off. They've got the same problem we have
to the extent they're not building enough houses. Too many
people are coming into the country. Therefore supplies not meeting demand,
or demand is not meeting supply, and they've got quote
unquote A radical plan to revamp the nation's capital cities
(07:49):
comes from the Gratin Institute. You ready. It's to allow
three story apartments anywhere in capital cities. It will create
sixty seven thousand extra homes annually. Seeks to tackle restrictive
zoning and low density areas, where up to eighty seven
percent of land a zone for three stories or fewer.
The change would slash rents by twelve percent and cut
the median house rice b one hundred thousand dollars. Three
(08:09):
houses three stories on a block of land. Where have
you heard that particular one before?
Speaker 3 (08:15):
Of course, the weird thing about it is there's lots
of space in Australia. You could argue that they've got
more space than just about anyone, but no, everybody's going
to be all squished together. That's how we love it.
Rerap right, We're going to finish up. It's been one
of those shows where I've had to watch a sport
all the way through the show. It's very distracting, but
(08:37):
I think we were on top of it with the
F one. Good day for Liam doesn't get the coverage
he deserves.
Speaker 4 (08:45):
According to Mike, he is Liam post race or was
it appropriate to make such a move given the hard
town points and particularly yourself with a single stop strategy,
you know you're.
Speaker 1 (08:55):
Not expected to come under attack from a teammate right
at the end.
Speaker 2 (08:58):
Baby, it's still our slap of a race. Honestly, I
think there's no way that the team can expect or
anybody can expect. As much as it's the ideal thing
to do, there's no way that we're not going to
raise for a position like that.
Speaker 3 (09:10):
So I respect that.
Speaker 2 (09:13):
Obviously it's we're lucky that we came out of it.
But it's been a great weekend for the team.
Speaker 4 (09:18):
So it has been a very good weekend for the team.
And what's interesting and it infurigates me, And if you
follow the F one you'll know what I'm talking about.
They're international pictures, so when you're looking at sky as
in Sky UK, it's not them. They just talk to
the pictures. The pictures are run by the fai FIA.
Now the problem with the coverage of Liam as there
is none, and they've got to do something about it,
(09:39):
because when you get down to is he got down
to Q three qualifying three, last ten in the field,
you've only got ten cars on the whole track to cover.
And if you go back to qualifying three Q three
over the weekend, you name me a single shot, a
single moment where Lilliam's Karen Liam was talked about at
all in Q three And the answer is it wasn't
(10:00):
and there was a thing. I followed a guy called
Kim Illman who is an F one photographer and he
got some stats, so I think it was from Bakhu.
And Liam is the least mentioned if one driver of
anyone by so far. It doesn't matter so top with
someone like the step in at one hundred and fifty
mentions over a weekend, Liam got four. So you can't
(10:21):
tell me that's fear and balanced coverage in Q three.
If you're not mentioning all ten cars, there is something
wrong with your cabbage.
Speaker 3 (10:27):
I just find it depressing that they interview all these
guys after the race and they all look like they're
about twelve years old to my grumpy old man eyes.
Now I think, wow. I mean, I guess it's better
than being out in the streets. I suppose. I mean,
they're out on the streets and they're racing around in
(10:48):
fast cars, but you know, in a good way. I
am Glen Hart, never was a boy racer, not in
my seventy four hundred civic back in the day. But
I will see you back here again tomorrow. Good morning,
(11:08):
mm hmmm.
Speaker 1 (11:11):
For more from News Talk sed 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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