September 11, 2024 • 12 mins
THE BEST BITS IN A SILLIER PACKAGE (from Thursday's Mike Hosking Breakfast) Are Lies Still Lies Once Everyone Believes Them?/Never Say, "Super"/Falling Down a Hole/Doing My Bit for Bali/Who Doesn't Want a Lounge Lift?
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Episode Transcript
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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 The Rewrap.
Speaker 2 (00:25):
Okay there, welcome to the Rewrap for Thursday. All the
best that's from the My Hosking Breakfast on Newstalk, said
be in a sillier package, I am Glen Hart and today,
oh don't say super, don't talk about Super. We must
never mention the Super and certainly don't mess with it.
Acc On the other hand, it's time they got to
serve what's happening with Balley's tourism industry and hoss eyes
(00:51):
on a new house overlooking highlands. But before any of that,
yesterday's debate just leave us all feeling a little bit stupider.
Speaker 3 (00:59):
So the big question is, if you entered the debate tied,
as the pole suggests, did whatever that unfolded move the needle?
I say no, I can't help, but wonder if in
time there will see these two debates if in fact
these two debates are as formatically a mistake. Essentially, it's
an interview where the interviewer never follows up. You get
a question, you whitter on for two minutes saying whatever
you want a Rebuttal's allowed more wittering then another question.
(01:22):
The closest we got to anyone being told or held
to account was when Trump claimed babies were taken away
to be killed. One of the moderators said, there is
no state where that is law, which of course is true.
Apart from that, Trump was Trump, Harris was Harris, and
I'm glad I'm not American and have to choose between
the two. And I think if I was American, I
would fit into the undecided category, the undecided being I
don't know whether I could bring myself to vote for
(01:44):
either of them. Trump's best points were around the Harris record,
which is the Biden record. At no point has she
differentiated herself from her current boss. So if you're not
happy with the direction of travel, which poll show people aren't,
then she isn't changing your mind. If you're a Democrat
and you're worried about Biden and his age, she is
at least younger and more alert and sharper and can speak.
But that's also the problem. She doesn't say anything. But
(02:06):
as I suggested, the other day, maybe that doesn't matter.
Maybe you're voting on vibes because that's all she's seemingly selling.
As for Trump, he's insane. He repeats the record of
twenty sixteen through twenty twenty as a golden period of
perfection and jubilation, the likes of which the world has
never seen. His weakest point was when he was asked
about Obamacare. He didn't like it, even though he kept it,
but had some ideas about a plan that wasn't formed
(02:27):
yet going forward, and will let us know when he
had them finalized. It's as close as I have ever
seen him to being completely and utterly stumped. The moderators
could have been AI generated. The lack of audience reaction,
interaction closed, Mike's killed it. It was not what it
could have been won, No one lost, nothing changed.
Speaker 2 (02:47):
You may think that just after watching the debate itself,
but then my assessment of the fallout post debate, when
all the fat checkers have their say, and yeah, you
realize just how many board face lies Trump tries to
tell her minutes, I think it's pretty clear who won.
Speaker 1 (03:11):
But there you go.
Speaker 2 (03:11):
I'm just a lefty liberal. What would I know? Rewrap
right back here with issues that we may or may
not actually be able to do something about. We've got
to put the super age up. But we never will,
will we? I mean, we just keep having this discussion
again and again.
Speaker 3 (03:26):
Because we enter yet another round, seemingly of the superannuation debate.
I note it was led off last week by a
group that wanted what they termed a top up i e.
A pay rise for those who couldn't save. So you
can see how fraught that concept is from the get go.
Why couldn't they save? There's surely your first question, why
couldn't they save? You've got forty years, and I suppose
that's another aspect of this whole mess. Actually it's changed.
(03:48):
Do you have forty years or do you have fifty years?
I mean people will longer. Surely a chance to save
more money. Super fits and almost unique category of topics
in this country so entrenched it won't change. It's a
futile exercise if you keep bringing it up, only to
be beaten down by the time honored belief that, for
whatever reason, if you get to sixty five, you are
owed something by the state. You paid your taxes. Of course,
(04:11):
your taxes have been well and truly spent. For most people,
whatever you handed over is long gone, and in that
is one of the great sadnesses of the New Zealand
economic story. We have very few net creditors, but a
lot of net debtors. People who actually pay more to
the system than take from it are very rare. Indeed,
when I started working, excuse me, in nineteen eighty two,
(04:31):
I took out a scheme whereby if you put a
few dollars a week aside, you would become a millionaire
by the time you got to sixty. And I had
completely forgotten about it, mainly because I stopped paying because
I worked out it was bollocks. Anyway, I was reminded
of this the other night. I got a text. Text
came through from an old girlfriend who had, when we
were together, taken out a similar policy, but she had
(04:53):
stuck with it. Forty years later she is about to
collect one hundred and six thousand dollars, so not quite
a millionaire and not really a stunning return on investment.
But what I'd worked out all those years ago was
the government were not to be part of my retirement.
Why would they be. Governments let you down, Governments change rules,
Governments have their own interests at heart, not yours. So
(05:14):
I saw to myself am I lucky. No, not really.
Did I work hard? Yes? Do I care what the
retirement age is?
Speaker 2 (05:20):
No?
Speaker 3 (05:21):
Do I care what the rules are?
Speaker 2 (05:22):
No.
Speaker 3 (05:23):
That's the value of charting your own course and not
being beholden too overlords.
Speaker 2 (05:26):
Okay, so you got that, everybody. You just all need
to do whatever Mike did and make as much money
as he has, and then you don't have to worry
about anything like what the superage is? Got it, sim Paul?
Speaker 3 (05:39):
Carry on, rewrap.
Speaker 2 (05:42):
He has come up against ACC a few times though,
because for some reason he has to pay ACC even
though all he does is come and sit in a
chair and talk on the radio.
Speaker 3 (05:53):
We need a mindset change in this country. So ACC
announced yesterday that they're short of billion dollars. The levees
don't bring in, so you pay for the motor vehicles,
you pay for the work levy, the earner's levey, all
that sort of stuff. They're a billion dollars short, a
billion dollars short. They got nine hundred and thirty thousand
claims from these three levee schemes. Just think about that
for a moment. Nine hundred and thirty thousand people are
(06:14):
on ACC. That's twenty percent of the entire country is
on ACC. What's the matter with us? And instead of
going tell you what we could probably work more efficiently,
tell you what we could work with the medical fraternity
and look to trim costs, they just go, oh, we're
going to pass that on to you and you'll need
to pay for more. One of the things they admitted
they've got several problems, long standing issues with rehab services.
(06:37):
Why and why aren't they fixed them? And quote unquote
the organization's inability to identify problems and make changes. Well,
if they can't do it, how about their sack? A
few people find some who can and then stop playing
cost plus accounting and simply passing the cost on to us,
And in there lies your inflation problem.
Speaker 2 (06:56):
Yeah, again, I don't think Mike's I think Mike says
that he's never claimed ACC. He may have and just
not realize that he had. But yes, once again, you
got to he's in a slightly privileged position that you
know he just hasn't had.
Speaker 1 (07:15):
To the rewrap.
Speaker 2 (07:17):
Now, regular listeners to the show, well know that Mike's
very worried about our tourism industry. He doesn't think that
it's bounced back the way it should. And the reason
that he thinks there is because other places seem to
be doing just fine.
Speaker 3 (07:29):
Thanks Indonesia, I note yesterday announced the moratorium on construction
of hotels, villas and nightclubs in Bali. They're trying desperately
to reform tourism. It's out of control in that particular
part of the world. About two hundred thousand foreigners live
in Bali these days, and they say that they're contributing
to the crime and the over development and the competition
for jobs. And since arriving in Bali, the arrivals have
(07:52):
searched post But you know, I mean, look, we got
the tourism numbers yesterday. It's still anemic here, but you've
got two point nine million visitors in the first half
of this year alone. Sixty five percent of total foreign
arrivals Indonesia into Indonesia by year are go to Balley.
So they've got a moratorium on new builds and stuff
like that.
Speaker 2 (08:11):
Yeah, I mean, I went to Bali recently, and off
the back of that, you'd think that I wouldn't have
been able to turn around without banging into ten other tourists.
But it wasn't that crowded in the places I went to.
Mind you, we did organize our tentery to avoid as
many Australians as possible and that worked quite well. The
rewrap right, We're going to finish up here with some
(08:34):
real estate opportunities for well, specifically for Mike Hosking. As
it turns out, it's a small market, but you know,
it's a specific one.
Speaker 3 (08:43):
So a couple of the things I do that annoying
my wife. One of them is I send her cars,
pictures of cars, not just random cars, cars that are
currently for sale, as a sort of a thought start
or a conversation starter, oversay lunch something like that. And
the other thing I do when they're not cars, it's houses.
And that's a shared joy between us, to be fair,
I think, because we're constantly looking at houses and moving
(09:04):
houses and doing all that sort of stuff. So the
perfect house came across might plate the other it's a
twenty two Monaco drive and you'll find that in Cromwell,
and not that we were looking specifically to move to Cromwell,
but the advantage of it was it was at Highlands.
This is a house at a racetrack. Are you joining
the dots. Not only was this a house at a racetrack,
(09:25):
but it well initially started out as a house that
could hold about eight cars. It currently holds thirteen. Yet
more dots are being joined. Not only that, not only
can it hold thirteen cars, it's got a lift and
you can take a car from the bottom floor to
the lounge and you can have your car in the lounge.
(09:47):
So obviously I forwarded that particular listening to my wife.
Speaker 2 (09:53):
It's no different really to those houses and Paranui that
are on.
Speaker 3 (09:56):
The same thing, on the precise precisely with a hangar
with a planary, exactly the same thing. So I thought
we'd have some interesting discourse over lunch, which we did.
It involved me not moving to Cromwell, not buying twenty
two Monaco drive and basically putting that dream to bed.
Speaker 2 (10:13):
What about just getting a lift in your existing house.
Speaker 3 (10:17):
Funnily enough, Glenn, I will tell you another story about
that another day. Anyway, This morning, to help me out,
I open up, as I always do every morning, one
roof and the headline this morning is Mike Hosking, please
buy my house. You know you will love it. That's
the headline. And Mark Giton I'll read you from the article.
(10:40):
Why wouldn't I? It's good reading one roof. Mark Geiton
wants Mike Hosking to buy his house. He thinks Mike
Hosking would be interested. Why, says the article, because it
overlooks Highland's Motorsport Park and houses a smart racing car
collection in the upstairs lounge. Mike Hosking says, Mike giton
in one roof this morning, to be read by anyone
(11:01):
who can click open one roof. I've already thoughted this
to my wife. She doesn't have to do this. Mike
Hosking loves cars, very nice cars, and he likes Highland
Motorsport Park as well. He would be a very good
contender to buy this house.
Speaker 2 (11:16):
So are they saying that because they actually want you
specifically to buy it, or are they just using you
as some kind of marketing tool without your permission? Are
any kind of the Facebook scams that we've seen in
the past.
Speaker 3 (11:29):
Oh no, they want me to buy the house.
Speaker 2 (11:30):
Clint Well, I know that's what you think.
Speaker 3 (11:32):
Definitely, I'm just trying to take a more objective view
objective about this gin they want.
Speaker 2 (11:37):
They're basically they're basically turning you into a meme.
Speaker 3 (11:39):
It's my dream house and before you know it.
Speaker 2 (11:42):
You know, you'll be super composed over pictures of dolphins
and people will be saying, I am a lesbian, so
have no reason.
Speaker 3 (11:51):
Today I'm going to have another conversation, a little bit
of discourse over lunch today with my wife to see
whether the ground is shifted in any way, shape or form.
If it hasn't, have a look at the house.
Speaker 2 (11:59):
Do you want to bet on whether it has or not?
You often you asked me do you want to bet?
And that's what I will take.
Speaker 3 (12:08):
Can I just suggest that the price for what you
get is more than reasonable. I think it's a very
very well priced.
Speaker 2 (12:17):
You know it doesn't include the cars, right.
Speaker 3 (12:19):
Well, everything's negotiable, Glenn Shreley, For goodness sake, anyway, look
at it one roof.
Speaker 2 (12:24):
For a moment there, I thought I was going to
be able to score myself a case of Greggy Range
Stewartnese styles. Missed opportunities. Eh, I am a glen heart.
That was the rewrap and we'll be doing it again tomorrow.
You can bet on.
Speaker 1 (12:46):
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 The Rewrap.
Speaker 2 (00:25):
Okay there, welcome to the Rewrap for Thursday. All the
best that's from the My Hosking Breakfast on Newstalk, said
be in a sillier package, I am Glen Hart and today,
oh don't say super, don't talk about Super. We must
never mention the Super and certainly don't mess with it.
Acc On the other hand, it's time they got to
serve what's happening with Balley's tourism industry and hoss eyes
(00:51):
on a new house overlooking highlands. But before any of that,
yesterday's debate just leave us all feeling a little bit stupider.
Speaker 3 (00:59):
So the big question is, if you entered the debate tied,
as the pole suggests, did whatever that unfolded move the needle?
I say no, I can't help, but wonder if in
time there will see these two debates if in fact
these two debates are as formatically a mistake. Essentially, it's
an interview where the interviewer never follows up. You get
a question, you whitter on for two minutes saying whatever
you want a Rebuttal's allowed more wittering then another question.
(01:22):
The closest we got to anyone being told or held
to account was when Trump claimed babies were taken away
to be killed. One of the moderators said, there is
no state where that is law, which of course is true.
Apart from that, Trump was Trump, Harris was Harris, and
I'm glad I'm not American and have to choose between
the two. And I think if I was American, I
would fit into the undecided category, the undecided being I
don't know whether I could bring myself to vote for
(01:44):
either of them. Trump's best points were around the Harris record,
which is the Biden record. At no point has she
differentiated herself from her current boss. So if you're not
happy with the direction of travel, which poll show people aren't,
then she isn't changing your mind. If you're a Democrat
and you're worried about Biden and his age, she is
at least younger and more alert and sharper and can speak.
But that's also the problem. She doesn't say anything. But
(02:06):
as I suggested, the other day, maybe that doesn't matter.
Maybe you're voting on vibes because that's all she's seemingly selling.
As for Trump, he's insane. He repeats the record of
twenty sixteen through twenty twenty as a golden period of
perfection and jubilation, the likes of which the world has
never seen. His weakest point was when he was asked
about Obamacare. He didn't like it, even though he kept it,
but had some ideas about a plan that wasn't formed
(02:27):
yet going forward, and will let us know when he
had them finalized. It's as close as I have ever
seen him to being completely and utterly stumped. The moderators
could have been AI generated. The lack of audience reaction,
interaction closed, Mike's killed it. It was not what it
could have been won, No one lost, nothing changed.
Speaker 2 (02:47):
You may think that just after watching the debate itself,
but then my assessment of the fallout post debate, when
all the fat checkers have their say, and yeah, you
realize just how many board face lies Trump tries to
tell her minutes, I think it's pretty clear who won.
Speaker 1 (03:11):
But there you go.
Speaker 2 (03:11):
I'm just a lefty liberal. What would I know? Rewrap
right back here with issues that we may or may
not actually be able to do something about. We've got
to put the super age up. But we never will,
will we? I mean, we just keep having this discussion
again and again.
Speaker 3 (03:26):
Because we enter yet another round, seemingly of the superannuation debate.
I note it was led off last week by a
group that wanted what they termed a top up i e.
A pay rise for those who couldn't save. So you
can see how fraught that concept is from the get go.
Why couldn't they save? There's surely your first question, why
couldn't they save? You've got forty years, and I suppose
that's another aspect of this whole mess. Actually it's changed.
(03:48):
Do you have forty years or do you have fifty years?
I mean people will longer. Surely a chance to save
more money. Super fits and almost unique category of topics
in this country so entrenched it won't change. It's a
futile exercise if you keep bringing it up, only to
be beaten down by the time honored belief that, for
whatever reason, if you get to sixty five, you are
owed something by the state. You paid your taxes. Of course,
(04:11):
your taxes have been well and truly spent. For most people,
whatever you handed over is long gone, and in that
is one of the great sadnesses of the New Zealand
economic story. We have very few net creditors, but a
lot of net debtors. People who actually pay more to
the system than take from it are very rare. Indeed,
when I started working, excuse me, in nineteen eighty two,
(04:31):
I took out a scheme whereby if you put a
few dollars a week aside, you would become a millionaire
by the time you got to sixty. And I had
completely forgotten about it, mainly because I stopped paying because
I worked out it was bollocks. Anyway, I was reminded
of this the other night. I got a text. Text
came through from an old girlfriend who had, when we
were together, taken out a similar policy, but she had
(04:53):
stuck with it. Forty years later she is about to
collect one hundred and six thousand dollars, so not quite
a millionaire and not really a stunning return on investment.
But what I'd worked out all those years ago was
the government were not to be part of my retirement.
Why would they be. Governments let you down, Governments change rules,
Governments have their own interests at heart, not yours. So
(05:14):
I saw to myself am I lucky. No, not really.
Did I work hard? Yes? Do I care what the
retirement age is?
Speaker 2 (05:20):
No?
Speaker 3 (05:21):
Do I care what the rules are?
Speaker 2 (05:22):
No.
Speaker 3 (05:23):
That's the value of charting your own course and not
being beholden too overlords.
Speaker 2 (05:26):
Okay, so you got that, everybody. You just all need
to do whatever Mike did and make as much money
as he has, and then you don't have to worry
about anything like what the superage is? Got it, sim Paul?
Speaker 3 (05:39):
Carry on, rewrap.
Speaker 2 (05:42):
He has come up against ACC a few times though,
because for some reason he has to pay ACC even
though all he does is come and sit in a
chair and talk on the radio.
Speaker 3 (05:53):
We need a mindset change in this country. So ACC
announced yesterday that they're short of billion dollars. The levees
don't bring in, so you pay for the motor vehicles,
you pay for the work levy, the earner's levey, all
that sort of stuff. They're a billion dollars short, a
billion dollars short. They got nine hundred and thirty thousand
claims from these three levee schemes. Just think about that
for a moment. Nine hundred and thirty thousand people are
(06:14):
on ACC. That's twenty percent of the entire country is
on ACC. What's the matter with us? And instead of
going tell you what we could probably work more efficiently,
tell you what we could work with the medical fraternity
and look to trim costs, they just go, oh, we're
going to pass that on to you and you'll need
to pay for more. One of the things they admitted
they've got several problems, long standing issues with rehab services.
(06:37):
Why and why aren't they fixed them? And quote unquote
the organization's inability to identify problems and make changes. Well,
if they can't do it, how about their sack? A
few people find some who can and then stop playing
cost plus accounting and simply passing the cost on to us,
And in there lies your inflation problem.
Speaker 2 (06:56):
Yeah, again, I don't think Mike's I think Mike says
that he's never claimed ACC. He may have and just
not realize that he had. But yes, once again, you
got to he's in a slightly privileged position that you
know he just hasn't had.
Speaker 1 (07:15):
To the rewrap.
Speaker 2 (07:17):
Now, regular listeners to the show, well know that Mike's
very worried about our tourism industry. He doesn't think that
it's bounced back the way it should. And the reason
that he thinks there is because other places seem to
be doing just fine.
Speaker 3 (07:29):
Thanks Indonesia, I note yesterday announced the moratorium on construction
of hotels, villas and nightclubs in Bali. They're trying desperately
to reform tourism. It's out of control in that particular
part of the world. About two hundred thousand foreigners live
in Bali these days, and they say that they're contributing
to the crime and the over development and the competition
for jobs. And since arriving in Bali, the arrivals have
(07:52):
searched post But you know, I mean, look, we got
the tourism numbers yesterday. It's still anemic here, but you've
got two point nine million visitors in the first half
of this year alone. Sixty five percent of total foreign
arrivals Indonesia into Indonesia by year are go to Balley.
So they've got a moratorium on new builds and stuff
like that.
Speaker 2 (08:11):
Yeah, I mean, I went to Bali recently, and off
the back of that, you'd think that I wouldn't have
been able to turn around without banging into ten other tourists.
But it wasn't that crowded in the places I went to.
Mind you, we did organize our tentery to avoid as
many Australians as possible and that worked quite well. The
rewrap right, We're going to finish up here with some
(08:34):
real estate opportunities for well, specifically for Mike Hosking. As
it turns out, it's a small market, but you know,
it's a specific one.
Speaker 3 (08:43):
So a couple of the things I do that annoying
my wife. One of them is I send her cars,
pictures of cars, not just random cars, cars that are
currently for sale, as a sort of a thought start
or a conversation starter, oversay lunch something like that. And
the other thing I do when they're not cars, it's houses.
And that's a shared joy between us, to be fair,
I think, because we're constantly looking at houses and moving
(09:04):
houses and doing all that sort of stuff. So the
perfect house came across might plate the other it's a
twenty two Monaco drive and you'll find that in Cromwell,
and not that we were looking specifically to move to Cromwell,
but the advantage of it was it was at Highlands.
This is a house at a racetrack. Are you joining
the dots. Not only was this a house at a racetrack,
(09:25):
but it well initially started out as a house that
could hold about eight cars. It currently holds thirteen. Yet
more dots are being joined. Not only that, not only
can it hold thirteen cars, it's got a lift and
you can take a car from the bottom floor to
the lounge and you can have your car in the lounge.
(09:47):
So obviously I forwarded that particular listening to my wife.
Speaker 2 (09:53):
It's no different really to those houses and Paranui that
are on.
Speaker 3 (09:56):
The same thing, on the precise precisely with a hangar
with a planary, exactly the same thing. So I thought
we'd have some interesting discourse over lunch, which we did.
It involved me not moving to Cromwell, not buying twenty
two Monaco drive and basically putting that dream to bed.
Speaker 2 (10:13):
What about just getting a lift in your existing house.
Speaker 3 (10:17):
Funnily enough, Glenn, I will tell you another story about
that another day. Anyway, This morning, to help me out,
I open up, as I always do every morning, one
roof and the headline this morning is Mike Hosking, please
buy my house. You know you will love it. That's
the headline. And Mark Giton I'll read you from the article.
(10:40):
Why wouldn't I? It's good reading one roof. Mark Geiton
wants Mike Hosking to buy his house. He thinks Mike
Hosking would be interested. Why, says the article, because it
overlooks Highland's Motorsport Park and houses a smart racing car
collection in the upstairs lounge. Mike Hosking says, Mike giton
in one roof this morning, to be read by anyone
(11:01):
who can click open one roof. I've already thoughted this
to my wife. She doesn't have to do this. Mike
Hosking loves cars, very nice cars, and he likes Highland
Motorsport Park as well. He would be a very good
contender to buy this house.
Speaker 2 (11:16):
So are they saying that because they actually want you
specifically to buy it, or are they just using you
as some kind of marketing tool without your permission? Are
any kind of the Facebook scams that we've seen in
the past.
Speaker 3 (11:29):
Oh no, they want me to buy the house.
Speaker 2 (11:30):
Clint Well, I know that's what you think.
Speaker 3 (11:32):
Definitely, I'm just trying to take a more objective view
objective about this gin they want.
Speaker 2 (11:37):
They're basically they're basically turning you into a meme.
Speaker 3 (11:39):
It's my dream house and before you know it.
Speaker 2 (11:42):
You know, you'll be super composed over pictures of dolphins
and people will be saying, I am a lesbian, so
have no reason.
Speaker 3 (11:51):
Today I'm going to have another conversation, a little bit
of discourse over lunch today with my wife to see
whether the ground is shifted in any way, shape or form.
If it hasn't, have a look at the house.
Speaker 2 (11:59):
Do you want to bet on whether it has or not?
You often you asked me do you want to bet?
And that's what I will take.
Speaker 3 (12:08):
Can I just suggest that the price for what you
get is more than reasonable. I think it's a very
very well priced.
Speaker 2 (12:17):
You know it doesn't include the cars, right.
Speaker 3 (12:19):
Well, everything's negotiable, Glenn Shreley, For goodness sake, anyway, look
at it one roof.
Speaker 2 (12:24):
For a moment there, I thought I was going to
be able to score myself a case of Greggy Range
Stewartnese styles. Missed opportunities. Eh, I am a glen heart.
That was the rewrap and we'll be doing it again tomorrow.
You can bet on.
Speaker 1 (12:46):
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