August 20, 2025 • 11 mins
THE BEST BITS IN A SILLIER PACKAGE (from Wednesday's Mike Hosking Breakfast) He's Been Acting for a While Now/Strike? What Strike?/Where's Winston?/Putting It Back Together Is the Challenge
See omnystudio.com/listener for privacy information.
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:09):
You're listening to a podcast from News Talk said be
follow this and our Wide Ranger podcasts now on iHeartRadio.
Speaker 2 (00:24):
Rewrap there, Welcome to the Rewrap for Thursday or the
best but's from the Mic Hosking breakfast on News Talks.
He'd be in a sillier package. I am Glen Hart today.
The teacher strike, you know the big teachers. It was
a nationals strike, yes, okay, anyway it happened, the COVID inquiry,
(00:45):
why Winston wasn't there.
Speaker 3 (00:49):
And the right to repair is going nowhere.
Speaker 2 (00:52):
But before any of that OCR day yesterday, which means today,
Mike Hosking says what he thought of how the rbn Z.
Speaker 3 (01:02):
Performed in front of the journo's.
Speaker 4 (01:04):
Two things for me that came out of the Reserve
Bank commentary, the press conference post the announcement should be
a must watch for us. All the insights invaluable. On
one hand, the genius three who turn up, Karen, Paul
and Christian tell us what they've done will flow through.
In other words, don't panic, it will flow through. I'll
come back to that. But then they tell you they
got it wrong. In Q two there was less than
(01:26):
no growth in the second quarter. They didn't see it,
so bullish and their talents on one hand, hopelessly wanting
on the other. The vote, by the way, was four
to two. That's never happened before two votes wanted fifty.
I want to know who they are because they would
appear to actually get it. What the confession of no
growth in Q two tells you is if they had
seen it, could they have done more. Don't answer that
because the answer is yes, yes, yes, yes, yes, yes,
(01:47):
and yes now because they botched it, they're going most
likely down to two point five percent now for the cashwrak.
The other interesting thing for me is I'm a big
believer in psychology. The economy is about much more than
stats and data. It's about mood. It's the vibe. It's marbo.
They talked of the cautious nature of our behavior. I
would argue they are part of the problem. They look cautious,
(02:07):
they look circumspect. They look like wonks who don't get
out a lot. Certainly don't get out into the real
world where the majority of us have been seeing the
records of our economy for most of the year. They
don't vibe it, they don't sell it, which is not
to say they should be show ponies, but my word,
what a boring bunch they are with spreadsheets for friends.
This economy needs a cheerleader. It needs a significant impact
(02:28):
of influential and loud voice for its merits. Hawksby, Silk
and Conway are not it. It should have been fifty.
It should have been fifty before yesterday, because it wasn't.
The economy stalled and they didn't see it coming. Basically,
I mean, if you can't see that, how does that
incite confidence? For goodness sake? So at least two more cuts?
But why are we waiting? They will argue because the
(02:48):
two hundred and fifty points will flow through, will they really? Well,
let the record show to this point we are more
right than they are.
Speaker 2 (02:56):
My question is, so Christian Hawksby, he's been acting for
how long can you be acting?
Speaker 1 (03:03):
For?
Speaker 2 (03:04):
Some people seem to act for a very long time.
They're the acting such and such.
Speaker 3 (03:09):
Seems to go on for ages of some of these actors.
Speaker 2 (03:12):
Rewrap anyway, who Mike appointed himself as an acting home
loan advisor this morning as.
Speaker 3 (03:18):
Well at the back of these interest rates.
Speaker 4 (03:21):
Wanning Mike our Homelan currently flaying yes now I'm I'm
deeply immersed in this with various people. I've gone see
first of all, slap me on the back. I'm not
a lie. I mean Greg and Andrew Will said the
same thing. Two point five as where we're heading. So
at two point five, and we'll have to talk to
Christian about that, because he wasn't saying that recently. But anyway,
two point five is where we're heading. So if you're
(03:42):
talking about mortgages and floating and stuff like that, you
really and this is part of the problem is when
they say we might be going two more times, I
mean they're going to have to go two more times,
but say we're officially we might be going. Could be
you're down at two point five. What's a mortgage? Is
it four four, four, five, four six, something like that.
I would have gone, I'm telling people, get four seven,
four to eight. By the way, take my advice, don't
(04:05):
take my advice. Don't hold me to it, you know,
do whatever you like. But at two five, you're looking
and you're starting to look towards low falls, aren't you.
And if you're starting to look at low fours and
you're on a floating rate of six or seven at
the moment, there's room to move.
Speaker 3 (04:20):
Yeah. So for all your home loan investment advice.
Speaker 2 (04:29):
And indeed interviews and commentary, onden news and carrying events.
Speaker 3 (04:35):
Check out the make asking breakfast. It's great for all
that stuff. Wrap now.
Speaker 2 (04:40):
So the teachers all went on straight yesterday, and boy,
what a disruption to everybody's lives that was.
Speaker 4 (04:46):
It's the teacher's head back to school today. Like all
the other strikes. You know what, nothing got achieved, never does.
For a strike to work, you need to scare people.
You need to bring a place to a stand still.
Cook straight, fairies. Bus and train services unavailable for weeks
on and that's what works. But those days are gone,
of course, thank the good Lord. These days it's a
day here, a day there. I mean, yes, we get
you're not happy. Yes you might deserve a better deal,
(05:07):
but your day off with you one minute of placard
waving on a TV news bullet and that hasn't watched
anymore the way it used to be. Doesn't really shift
the dial, does it, I think? Also, the country has
changed in the past few decades. Although unionism had a
bit of a spike under the sixty years of labor
the Employment Contracts Act of the early nineties largely broke
the unions for good, not literally, but when people got
a choice, they chose to back themselves. Do you know
(05:29):
what I wish? I wish those who were unionists could
see the freedom and potential of non union opportunity. I mean, no,
not all jobs can be individualized, but most can, and
teaching is one of them. We all know good teachers,
great teachers, ordinary teachers, the same way we all know
good waiters and restaurants and doctors and accountants, retail outlets
in a nation of small business. It tells us we
(05:51):
back ourselves. We like to back ourselves. We revel in
the idea that we and our skills, in our determination,
can make a decent living. The fact the rote response
to merit based pay for teachers goes something like, oh, well,
how would you judge on exam results? It shows just
how little they understand their individuality and ability to make
a difference. It's like that Radio New Zealand report last
week where most of them thought they were in a
(06:12):
sunset industry, when in fact the exact opposite is true.
It's Stockholm syndrome, your captives. The unions have told you
this is the only way. It isn't never has been.
I've argued this for years, of course, and I've got nowhere.
But that doesn't make the argument a bad argument. What
I know, like hundreds of thousands of New Zealanders know,
is that being your own boss, your own person, is
a winning formula if you want to win. I know,
(06:35):
like hundreds of thousands of other New Zealanders, I love
my job in my lot. I don't see the same
fiss from teachers. Why do you reckon that is?
Speaker 3 (06:42):
I was acually thinking about this yesterday. The problem with teachers.
Speaker 2 (06:47):
Going on strike and having a picket line and or
you know, honk and wave if you support teachers all
that sort of thing, is that I feel like most
schools are on the edge of town or down a
quiet suburban street. You know, there are a few on
main roads, but it doesn't happen very often, so there
(07:07):
are only need you to get a limited amount of attention.
Speaker 3 (07:10):
I would have thought.
Speaker 2 (07:12):
But anyway, I mean, definitely pay them more. I want
to pay everybody more. I don't think that's economically viable, though.
Speaker 3 (07:22):
The rewrapped.
Speaker 1 (07:23):
Now.
Speaker 2 (07:24):
Somebody pointed out today that yesterday, rather that when some
Peters was sort of around when COVID started and telling people,
you know, to come back now before.
Speaker 3 (07:37):
We lock you down.
Speaker 2 (07:39):
How come nobody's been making a big deal about him
not turning up at the COVID inquiry.
Speaker 4 (07:44):
The Peter's thing on the COVID inquiry. This is interesting.
I should have thought this through and I clearly wasn't
awake enough. We went to Brooks office. So the question
being from politics Wednesday yesterday, how come Winston isn't dragged in?
So we go to Brooks office. Peters has said he's
more than happy to go. Apparently go to Brooks office.
It's independent that the Royal Commission and the Minister has
(08:04):
no influence over who's called. Royal Commission has had the
ability to decide which decision makers they would ask the
front without being told of the government. So that's fair.
So they decided they'd like to hear from Aduran, Hipkins, etc.
They do have the power to subpoena them, they're not
using it. Big mistake. I'd love to know Illingworth's not talking.
I'd love to know why he doesn't think Winston's relevant,
(08:25):
But that will be a question I will not forget
and he will turn up eventually and he will be grilled.
Speaker 2 (08:30):
So yeah, there's a fun game that could definitely bring
out in time for Christmas. Where's Winston? I mean to
be honest, he is actually quite easy to spot in
a crowd. I would like to see him in a
stripy outfit, though that it'd be usually jarring re wrap.
Stop being silly, Glenn and let's talk about instead. The
(08:54):
bell that looked like it was going somewhere until it wasn't.
It was one of those ones that the EU seemed
to be able to do but we can't the right
to repair now.
Speaker 4 (09:05):
Yesterday some common sense returned to the New Zealand landscape
because Marrima Davidson's you can repair it for ebber Bill
that hole when you toast her brakes and you don't
want to buy a new one, so you take it
to Brian who runs a shop on the corner and
they'll repair it. Her special bill, which did have support
from New Zealand First so Labor backed at greensback to
the Murray Party backed at New Zealand First back. That
(09:27):
made it although it had to go off to Select Committee.
That meant it was if those numbers hell it was
going to be law, and in a simple way, it's
sort of made sense in an old fashion. Oh wouldn't
it be nice to repair some stuff once again. But
the critical failure that no one seemed to point out
was it compelled manufacturers to supply parts now in New
(09:49):
Zealand at the bottom of the world. And if you're
sitting in the other side of the world, in Europe
and you're a major producer in Italy or Germany or France,
you're not supplying little old New Zealand with parts forever.
It doesn't work that way. You make some products rightly
or wrongly, and when they fall apart, you throw them
out and you buy some new ones. And so she
was expecting manufacturers to supply parts forever, and it was
never realistic. Obviously New Zealand First woke up to that.
(10:14):
And that's before, of course, it adds cost to the product.
They say, oh, you want us to supply parts, no props.
So the fifty dollars thing was selling you now is
one hundred and twenty. So there, so none of it
made any sense in the real world. So New Zealand
First has pulled their support and that basically is the
end of that.
Speaker 2 (10:28):
It's all very well having the right to repair too,
but it's amazing how difficult it can be to put
things back together once you've taken them to pieces and
you don't want any leftover bits at the end. I
certainly had that happen to me. I've got a leftover
(10:48):
bet sitting on my desk at home.
Speaker 3 (10:52):
Right now, and I.
Speaker 2 (10:54):
Thought, does that really need to go back in there?
And it's been a few months, and then the thing
seems to be working, so hopefully I don't get home
to day to find that the house that has burned
down as on something result of that decision that any way, Yeah,
so just because you have the right to repair doesn't
(11:15):
mean you should because I guess that is what I'm saying.
Speaker 3 (11:18):
I am Glen Hart. That was the rewrap. I will
take it apart and put it back together again for
you tomorrow.
Speaker 1 (11:25):
Seevent 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 Ranger podcasts now on iHeartRadio.
Speaker 2 (00:24):
Rewrap there, Welcome to the Rewrap for Thursday or the
best but's from the Mic Hosking breakfast on News Talks.
He'd be in a sillier package. I am Glen Hart today.
The teacher strike, you know the big teachers. It was
a nationals strike, yes, okay, anyway it happened, the COVID inquiry,
(00:45):
why Winston wasn't there.
Speaker 3 (00:49):
And the right to repair is going nowhere.
Speaker 2 (00:52):
But before any of that OCR day yesterday, which means today,
Mike Hosking says what he thought of how the rbn Z.
Speaker 3 (01:02):
Performed in front of the journo's.
Speaker 4 (01:04):
Two things for me that came out of the Reserve
Bank commentary, the press conference post the announcement should be
a must watch for us. All the insights invaluable. On
one hand, the genius three who turn up, Karen, Paul
and Christian tell us what they've done will flow through.
In other words, don't panic, it will flow through. I'll
come back to that. But then they tell you they
got it wrong. In Q two there was less than
(01:26):
no growth in the second quarter. They didn't see it,
so bullish and their talents on one hand, hopelessly wanting
on the other. The vote, by the way, was four
to two. That's never happened before two votes wanted fifty.
I want to know who they are because they would
appear to actually get it. What the confession of no
growth in Q two tells you is if they had
seen it, could they have done more. Don't answer that
because the answer is yes, yes, yes, yes, yes, yes,
(01:47):
and yes now because they botched it, they're going most
likely down to two point five percent now for the cashwrak.
The other interesting thing for me is I'm a big
believer in psychology. The economy is about much more than
stats and data. It's about mood. It's the vibe. It's marbo.
They talked of the cautious nature of our behavior. I
would argue they are part of the problem. They look cautious,
(02:07):
they look circumspect. They look like wonks who don't get
out a lot. Certainly don't get out into the real
world where the majority of us have been seeing the
records of our economy for most of the year. They
don't vibe it, they don't sell it, which is not
to say they should be show ponies, but my word,
what a boring bunch they are with spreadsheets for friends.
This economy needs a cheerleader. It needs a significant impact
(02:28):
of influential and loud voice for its merits. Hawksby, Silk
and Conway are not it. It should have been fifty.
It should have been fifty before yesterday, because it wasn't.
The economy stalled and they didn't see it coming. Basically,
I mean, if you can't see that, how does that
incite confidence? For goodness sake? So at least two more cuts?
But why are we waiting? They will argue because the
(02:48):
two hundred and fifty points will flow through, will they really? Well,
let the record show to this point we are more
right than they are.
Speaker 2 (02:56):
My question is, so Christian Hawksby, he's been acting for
how long can you be acting?
Speaker 1 (03:03):
For?
Speaker 2 (03:04):
Some people seem to act for a very long time.
They're the acting such and such.
Speaker 3 (03:09):
Seems to go on for ages of some of these actors.
Speaker 2 (03:12):
Rewrap anyway, who Mike appointed himself as an acting home
loan advisor this morning as.
Speaker 3 (03:18):
Well at the back of these interest rates.
Speaker 4 (03:21):
Wanning Mike our Homelan currently flaying yes now I'm I'm
deeply immersed in this with various people. I've gone see
first of all, slap me on the back. I'm not
a lie. I mean Greg and Andrew Will said the
same thing. Two point five as where we're heading. So
at two point five, and we'll have to talk to
Christian about that, because he wasn't saying that recently. But anyway,
two point five is where we're heading. So if you're
(03:42):
talking about mortgages and floating and stuff like that, you
really and this is part of the problem is when
they say we might be going two more times, I
mean they're going to have to go two more times,
but say we're officially we might be going. Could be
you're down at two point five. What's a mortgage? Is
it four four, four, five, four six, something like that.
I would have gone, I'm telling people, get four seven,
four to eight. By the way, take my advice, don't
(04:05):
take my advice. Don't hold me to it, you know,
do whatever you like. But at two five, you're looking
and you're starting to look towards low falls, aren't you.
And if you're starting to look at low fours and
you're on a floating rate of six or seven at
the moment, there's room to move.
Speaker 3 (04:20):
Yeah. So for all your home loan investment advice.
Speaker 2 (04:29):
And indeed interviews and commentary, onden news and carrying events.
Speaker 3 (04:35):
Check out the make asking breakfast. It's great for all
that stuff. Wrap now.
Speaker 2 (04:40):
So the teachers all went on straight yesterday, and boy,
what a disruption to everybody's lives that was.
Speaker 4 (04:46):
It's the teacher's head back to school today. Like all
the other strikes. You know what, nothing got achieved, never does.
For a strike to work, you need to scare people.
You need to bring a place to a stand still.
Cook straight, fairies. Bus and train services unavailable for weeks
on and that's what works. But those days are gone,
of course, thank the good Lord. These days it's a
day here, a day there. I mean, yes, we get
you're not happy. Yes you might deserve a better deal,
(05:07):
but your day off with you one minute of placard
waving on a TV news bullet and that hasn't watched
anymore the way it used to be. Doesn't really shift
the dial, does it, I think? Also, the country has
changed in the past few decades. Although unionism had a
bit of a spike under the sixty years of labor
the Employment Contracts Act of the early nineties largely broke
the unions for good, not literally, but when people got
a choice, they chose to back themselves. Do you know
(05:29):
what I wish? I wish those who were unionists could
see the freedom and potential of non union opportunity. I mean, no,
not all jobs can be individualized, but most can, and
teaching is one of them. We all know good teachers,
great teachers, ordinary teachers, the same way we all know
good waiters and restaurants and doctors and accountants, retail outlets
in a nation of small business. It tells us we
(05:51):
back ourselves. We like to back ourselves. We revel in
the idea that we and our skills, in our determination,
can make a decent living. The fact the rote response
to merit based pay for teachers goes something like, oh, well,
how would you judge on exam results? It shows just
how little they understand their individuality and ability to make
a difference. It's like that Radio New Zealand report last
week where most of them thought they were in a
(06:12):
sunset industry, when in fact the exact opposite is true.
It's Stockholm syndrome, your captives. The unions have told you
this is the only way. It isn't never has been.
I've argued this for years, of course, and I've got nowhere.
But that doesn't make the argument a bad argument. What
I know, like hundreds of thousands of New Zealanders know,
is that being your own boss, your own person, is
a winning formula if you want to win. I know,
(06:35):
like hundreds of thousands of other New Zealanders, I love
my job in my lot. I don't see the same
fiss from teachers. Why do you reckon that is?
Speaker 3 (06:42):
I was acually thinking about this yesterday. The problem with teachers.
Speaker 2 (06:47):
Going on strike and having a picket line and or
you know, honk and wave if you support teachers all
that sort of thing, is that I feel like most
schools are on the edge of town or down a
quiet suburban street. You know, there are a few on
main roads, but it doesn't happen very often, so there
(07:07):
are only need you to get a limited amount of attention.
Speaker 3 (07:10):
I would have thought.
Speaker 2 (07:12):
But anyway, I mean, definitely pay them more. I want
to pay everybody more. I don't think that's economically viable, though.
Speaker 3 (07:22):
The rewrapped.
Speaker 1 (07:23):
Now.
Speaker 2 (07:24):
Somebody pointed out today that yesterday, rather that when some
Peters was sort of around when COVID started and telling people,
you know, to come back now before.
Speaker 3 (07:37):
We lock you down.
Speaker 2 (07:39):
How come nobody's been making a big deal about him
not turning up at the COVID inquiry.
Speaker 4 (07:44):
The Peter's thing on the COVID inquiry. This is interesting.
I should have thought this through and I clearly wasn't
awake enough. We went to Brooks office. So the question
being from politics Wednesday yesterday, how come Winston isn't dragged in?
So we go to Brooks office. Peters has said he's
more than happy to go. Apparently go to Brooks office.
It's independent that the Royal Commission and the Minister has
(08:04):
no influence over who's called. Royal Commission has had the
ability to decide which decision makers they would ask the
front without being told of the government. So that's fair.
So they decided they'd like to hear from Aduran, Hipkins, etc.
They do have the power to subpoena them, they're not
using it. Big mistake. I'd love to know Illingworth's not talking.
I'd love to know why he doesn't think Winston's relevant,
(08:25):
But that will be a question I will not forget
and he will turn up eventually and he will be grilled.
Speaker 2 (08:30):
So yeah, there's a fun game that could definitely bring
out in time for Christmas. Where's Winston? I mean to
be honest, he is actually quite easy to spot in
a crowd. I would like to see him in a
stripy outfit, though that it'd be usually jarring re wrap.
Stop being silly, Glenn and let's talk about instead. The
(08:54):
bell that looked like it was going somewhere until it wasn't.
It was one of those ones that the EU seemed
to be able to do but we can't the right
to repair now.
Speaker 4 (09:05):
Yesterday some common sense returned to the New Zealand landscape
because Marrima Davidson's you can repair it for ebber Bill
that hole when you toast her brakes and you don't
want to buy a new one, so you take it
to Brian who runs a shop on the corner and
they'll repair it. Her special bill, which did have support
from New Zealand First so Labor backed at greensback to
the Murray Party backed at New Zealand First back. That
(09:27):
made it although it had to go off to Select Committee.
That meant it was if those numbers hell it was
going to be law, and in a simple way, it's
sort of made sense in an old fashion. Oh wouldn't
it be nice to repair some stuff once again. But
the critical failure that no one seemed to point out
was it compelled manufacturers to supply parts now in New
(09:49):
Zealand at the bottom of the world. And if you're
sitting in the other side of the world, in Europe
and you're a major producer in Italy or Germany or France,
you're not supplying little old New Zealand with parts forever.
It doesn't work that way. You make some products rightly
or wrongly, and when they fall apart, you throw them
out and you buy some new ones. And so she
was expecting manufacturers to supply parts forever, and it was
never realistic. Obviously New Zealand First woke up to that.
(10:14):
And that's before, of course, it adds cost to the product.
They say, oh, you want us to supply parts, no props.
So the fifty dollars thing was selling you now is
one hundred and twenty. So there, so none of it
made any sense in the real world. So New Zealand
First has pulled their support and that basically is the
end of that.
Speaker 2 (10:28):
It's all very well having the right to repair too,
but it's amazing how difficult it can be to put
things back together once you've taken them to pieces and
you don't want any leftover bits at the end. I
certainly had that happen to me. I've got a leftover
(10:48):
bet sitting on my desk at home.
Speaker 3 (10:52):
Right now, and I.
Speaker 2 (10:54):
Thought, does that really need to go back in there?
And it's been a few months, and then the thing
seems to be working, so hopefully I don't get home
to day to find that the house that has burned
down as on something result of that decision that any way, Yeah,
so just because you have the right to repair doesn't
(11:15):
mean you should because I guess that is what I'm saying.
Speaker 3 (11:18):
I am Glen Hart. That was the rewrap. I will
take it apart and put it back together again for
you tomorrow.
Speaker 1 (11:25):
Seevent 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.
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
My Favorite Murder with Karen Kilgariff and Georgia Hardstark
My Favorite Murder is a true crime comedy podcast hosted by Karen Kilgariff and Georgia Hardstark. Each week, Karen and Georgia share compelling true crimes and hometown stories from friends and listeners. Since MFM launched in January of 2016, Karen and Georgia have shared their lifelong interest in true crime and have covered stories of infamous serial killers like the Night Stalker, mysterious cold cases, captivating cults, incredible survivor stories and important events from history like the Tulsa race massacre of 1921. My Favorite Murder is part of the Exactly Right podcast network that provides a platform for bold, creative voices to bring to life provocative, entertaining and relatable stories for audiences everywhere. The Exactly Right roster of podcasts covers a variety of topics including historic true crime, comedic interviews and news, science, pop culture and more. Podcasts on the network include Buried Bones with Kate Winkler Dawson and Paul Holes, That's Messed Up: An SVU Podcast, This Podcast Will Kill You, Bananas and more.
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.