February 13, 2025 • 11 mins
THE BEST BITS IN A SILLIER PACKAGE (from Friday's Mike Hosking Breakfast) It's Ugly Out There/Mark the Week/You Can't Give It Away/Should've Called Christies
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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.
Speaker 2 (00:24):
The Rewrap. Okday there, Welcome to the Rewrap for Friday.
Speaker 3 (00:28):
All the best bets from the Mike asking Breakfast on
news Talk said, be in a earlier package today.
Speaker 2 (00:33):
You know, I think we'll mark the week because it's
what we do on Fridays.
Speaker 3 (00:36):
Mike tries to get rid of some secondhand stuff at
fales and speaking of secondhand stuff, he also tries to
bet on some Barry Humphries paraphernalia and fails at that
as well. But for that treasury numbers, everybody's failing by
the sounds of things.
Speaker 4 (00:51):
Let me give you these numbers. Revenue. This is for
the last quarter. Revenue was at fifty nine billion, which
was up a little bit. So this is for the economy,
so this is good. Our expenses at sixty eight billion,
was down a little bit, so that's good as well.
But you'll notice the difference there. We brought in fifty
nine but we spent sixty eight a good sign. Netcore
Crown debt is one hundred and eighty five point eight
(01:14):
billion dollars in the latest numbers released yesterday by Treasury.
That's forty four percent of GDP. The gross debt is
one hundred and ninety nine billion, which is forty seven
point two percent of GDP. Our net worth is one
eighty seven zero point five billion net worth of one
(01:36):
eighty seven gross debt at one nine nine. Join those
particular dots and see if you feel good about that
other thing that came out yesterday. Brad Elson Olsen helped
each new Zealander that's you and I, likely to end
up twelve thy seven hundred dollars on average, worse off
than forecast in the latest Treasury documents published from two
(01:57):
years ago. What they thought would happen on what has
happened to two completely different things. Comparing Treasury's last and
most positive forecast post COVID recovery most recent forecasts, he
dealt deeper to Bradley. Cumulatively, we have lost as an
economy as a result of these two forecasts sixteen point
four billion dollars. Sixteen point four billion dollars never happened.
(02:19):
That's on average five thsy three hundred dollars per person.
Revisions to growth over the next two years have noted
accumulative twenty eight point three billion dollars off forecasts. This
is the money we're not going to get because we
don't think it's going to be as good as we
thought it would. Twenty eight point three billion dollars are gone.
That's seven four hundred dollars per person going out to
twenty twenty seven. That's how much trouble we are in.
Speaker 2 (02:43):
You know what, And I've given you this piece of
advice before.
Speaker 3 (02:45):
If you ignore all that, don't listen to all that,
or if you did less and pretend that you didn't hear.
Speaker 2 (02:49):
It, it won't affect you. If anything, To carry on
about your.
Speaker 1 (02:54):
Day a rewrap.
Speaker 2 (02:55):
You need to do much more fun things like marking
the week.
Speaker 4 (02:57):
Time now to mark the week, little piece of news
and current events that is more popular than a three
betty with sea views on Gaza strip. The New Zealand
economy six Real signs of life this week Apples and Tears,
crafts for a billion, red meat, big gains outside China,
Westpac forecasting more growth later this year. The real estate
signs have turned around and JB Hi Fi profit through
the roof. The Golden Visa seven. Not a panacea but
(03:19):
a good, solid, tangible start that's been begging to be triggered.
Now the Foreign house band lift seven not a panacea,
not officially even announced it, but the same logic as
the visa replies Trump eight. Well that's a yes. There
is carnage, mayhem, fury and noise, but on balance it
is spectacular watching and talk about get stuff done. Fluoride
two stupors debate of the week. Councils, already snowed under
(03:42):
with work costs and and competence, take on a ministry
without a leg to stand on legally and waste everyone's
time huffing and puffing. Machas two the second stupidest debate
of the week. We either want jobs and growth or
tax paid, or we don't. Are the super Bowl eight
a record audience after a record season. That is how
you run a sport. Ineos three, I mean the fine
(04:04):
ineos three, Give me something, Glen, give me something. There
we go. The fine detail will be dealt with eventually,
of course, but rugby counting to buy a break at
the moment? Can they? Sam Kerr three should never have
been in court. She also might have thought about, you know,
being such a pratt. Same applies by the way to
that soccer nonsense currently in court in Spain, Huntley and
its extension eight. Some of course party come to Jesus realization, eh,
(04:27):
that the renewables dream ain't the slam dunk transformation. They
thought it might be the War six. It's as good
as ie a. Russia will get some land, Ukraine will
get some guarantees about invasions, America will get some bits
of chips. Job done? Are the other War four peace
steals in the Middle East? Never asked? Why was this
one going to be any different? The Warrior's sister way,
haven't lost a game all year? Have you noticed that?
(04:48):
It's an interesting stat have not lost a game all year?
And to be honest, look better than the reviews made
out and you know it. That is the week copies
on the website, and it was confirmed this week that
writers of the segment have always used plastic straws.
Speaker 2 (05:04):
Now.
Speaker 3 (05:04):
If you thought I was a little bit slow on
the uptake on some of those sound effects, you've bit distracted,
I was.
Speaker 2 (05:11):
There is quite a good reason for it, and I'll
tell you about that shortly rewrap.
Speaker 3 (05:15):
But in the meantime, where are you supposed to take
your secondhand stuff when none of the secondhand shops want it.
Speaker 4 (05:21):
Who knew helping charities was so harday, Or to put
it another way, who knew charities were doing so well?
So we've had a cleanup, clean out at our place
where shifting and shuffling and decluttering. This happens a bit
at our house. I married a person who loves stuff
until they don't. Hasn't applied to me yet, but it
applies to a lot of other stuff. Tables and chairs
and clothes. They're in the current pile. So rather than
(05:42):
dump them, we ring people. Hospice are there, full, SPCA,
they're full. Salvation Army they're full. Red Cross no reply,
no answer phone, nothing, no reply, Habit for Humanity, no reply,
no answer phone, nothing, no reply. How can I give
you stuff if you can't answer the phone? City Mission
they're full, You literally cannot give stuff away. And if
(06:04):
all these people are full, they seemingly can't give it
away either, I mean, if they can't give it a way?
Can that mean that demand is down? Does no one
want a table or a set of dining chairs? Is
the country not really in the dire state? They keep
telling us it is. We did have the problem a
while back, of course, where charity started to get a
little bit picking on things like clothes because people would
dump tat and essentially rubbish. But in our pile clothing wise,
(06:26):
there's a Kenzo sweatshirt. Who doesn't want a Kenzo sweatshirt.
We did think we could say it, you know, for
the kids. Someone sometime is going to need a flat
full of stuff. Apparently half our old stuff is in
fact scattered all over the place in various flats. But
storage is money, and who the hell knows when or
if your kids are going to need a set of
glasses or a site table. So we thought the most
used right here right now are the army of those
(06:48):
in genuine need. But seems there is no army because
everyone's full, so the dump it is. Is that a
waste or is it good news that the so called
need is nothing like they make it up to.
Speaker 3 (06:58):
Be, so they just need to get it up on
trade meet. That's what I would do. It can be
a little bit of a fat or the adminis if
you've got multiple option going at once, keeping track of
all the questions and the offers and the booking, the
couriers and all that stuff. But you know, why just
(07:20):
give it away when you can profit off it?
Speaker 4 (07:23):
Rewrap.
Speaker 2 (07:24):
Okay, time now to explain what happened back in marking
the week.
Speaker 3 (07:27):
It wasn't my best effort. It's because I was also
monitoring something else that was going on.
Speaker 4 (07:33):
This is what I was monitoring, right, So how this
started was No one's a bigger fan of Barry Humphreys
than I am, and I got lucky enough to meet
him a couple of times. I interviewed him many times
over the years. I think he's a genius. So there's
an auction coming up Poster's death, organized by his family
raising money for charity. Some paintings he did, some paintings
he owned. He was a great collector of all sorts
of interesting and eclectic work. He's selling off this morning.
(07:55):
Some of the day Medna's glasses and dresses, and there
are sketches and caricatures and all sorts of interesting things.
I thought, I know I'll have a crack. So I've
been thinking about this all week and boring you witness
with it as we've had the build up, and I
went last yesterday afternoon to place a couple of absent
bits because the things started at eleven thirty last night,
New Zealand time, and I thought, I'm not staying up
for this, so I'll put a couple of absent bids
(08:17):
in and we'll see how we go. I couldn't do it.
They closed off absent bids eight hours before the auction started,
so that was my first thing. So asigned from Heaven.
I went to Katie. I said I can't get a bid.
She goes, will you be depressed? And I thought, will
I be depressed? I'll be moderately depressed, but I'm not
going to let it ruin my weekend. Came into work
this morning. The auction's still going. So the thing's been
going for hours and hours now. It is about two
(08:39):
hundred and fifty lots. Two of the things I was
interested in were early in the auction. There were two
paintings he did. Now he's not a great painter, but
to own something from Barry Humphreys I thought would be fantastic.
There was a thing called garden View and Tuscany, Matthew
Spender and Maro Gorky's house. Now Matthew Spender's his son. Anyway,
the estimation was three to five thousand great British pounds.
(09:02):
I probably shouldn't say this out loud because my wife
will be listening to she goes how many? Anyway, So
I turns out it didn't really matter because what they
thought would go for three to five thousand great British
pounds went for twenty seven, so the estimate was hopeless.
Second one I was interested in was a painting by Humphrey.
It's called Will Penner. They thought it would go once
again between three and five thousand British pounds. It went
(09:23):
for forty five. So things just absolutely out of control.
Speaker 2 (09:28):
And they quite knew at this.
Speaker 3 (09:32):
That.
Speaker 4 (09:33):
Somebody asked me that do they know what they're doing?
I mean, there hasn't been a Humphrey's painting out there
because he's not a known artist. Obviously.
Speaker 2 (09:40):
Is this like forecasting the weather or the economy?
Speaker 4 (09:42):
Probably very similar. Anyway, they're up to a lot. What
are we up to? I can go live to Christie's now.
They're up to lot two hundred and eleven. There's a
couple of things coming up to twenty six I'm interested in,
and I'm going to have a bid as long as
I'm not on air at the time, because that's then
going to get really embarrassing if I'm bidding on ear
while I'm trying to do an interview. But I'm going
(10:03):
to see if I can't get something before the end
of the program.
Speaker 2 (10:05):
So yeah, you've got no idea.
Speaker 3 (10:06):
There's workings that have been going on behind the scenes
to get Mike registered for all this. Well, and when
I say Mike, not really Mike our big boss Jason.
I call him big boss not because he's big, but
because he's like in charge of not just ask but
all sorts of things. I mean, he's taller than I.
Speaker 2 (10:25):
I think I say that three raps. Anyway, the point
is things didn't go well for Mike in the end.
Speaker 4 (10:31):
I missed out. Oh my god, ten thousand. What now
if you want it a ten thousand, we're going to
sell a ten thousand. I want this one hammered down thousand.
This is John three four one two for ten thousand.
This is a caricature of Barry Humphreys as Liz Patterson.
(10:52):
This was one of the ones I wanted. They said
between was it two and three hundred pounds, three and
five hundred pounds, three and five hundred pounds. I thought,
I'm in with this three and five hundred pounds. How
hard can it be? Just sold for ten thousand? So
the next lot is one I also want. They reckoned,
it's between three and five hundred pounds. Want known, it's
(11:12):
nine eight hundred, nine hundred, one thousand, give me eleven hundred, no,
one thousand pounds of me? Well not with me with
the bitter in the book, I'll you know what.
Speaker 2 (11:22):
A long story short.
Speaker 3 (11:23):
He didn't end up buying any fairy huntrees things because
all went for about.
Speaker 2 (11:27):
Ten times much more more than he thought it was
going to.
Speaker 3 (11:31):
So I think that is a nice way to end
things for the day and for the week, knowing that
even Mike Hosking can't afford everything. I Amgleian hat that
was the rewrap. You can definitely afford to join me
here on Monday, because this doesn't cost you anything at all.
Speaker 1 (11:56):
For more from News Talk, said 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.
Speaker 2 (00:24):
The Rewrap. Okday there, Welcome to the Rewrap for Friday.
Speaker 3 (00:28):
All the best bets from the Mike asking Breakfast on
news Talk said, be in a earlier package today.
Speaker 2 (00:33):
You know, I think we'll mark the week because it's
what we do on Fridays.
Speaker 3 (00:36):
Mike tries to get rid of some secondhand stuff at
fales and speaking of secondhand stuff, he also tries to
bet on some Barry Humphries paraphernalia and fails at that
as well. But for that treasury numbers, everybody's failing by
the sounds of things.
Speaker 4 (00:51):
Let me give you these numbers. Revenue. This is for
the last quarter. Revenue was at fifty nine billion, which
was up a little bit. So this is for the economy,
so this is good. Our expenses at sixty eight billion,
was down a little bit, so that's good as well.
But you'll notice the difference there. We brought in fifty
nine but we spent sixty eight a good sign. Netcore
Crown debt is one hundred and eighty five point eight
(01:14):
billion dollars in the latest numbers released yesterday by Treasury.
That's forty four percent of GDP. The gross debt is
one hundred and ninety nine billion, which is forty seven
point two percent of GDP. Our net worth is one
eighty seven zero point five billion net worth of one
(01:36):
eighty seven gross debt at one nine nine. Join those
particular dots and see if you feel good about that
other thing that came out yesterday. Brad Elson Olsen helped
each new Zealander that's you and I, likely to end
up twelve thy seven hundred dollars on average, worse off
than forecast in the latest Treasury documents published from two
(01:57):
years ago. What they thought would happen on what has
happened to two completely different things. Comparing Treasury's last and
most positive forecast post COVID recovery most recent forecasts, he
dealt deeper to Bradley. Cumulatively, we have lost as an
economy as a result of these two forecasts sixteen point
four billion dollars. Sixteen point four billion dollars never happened.
(02:19):
That's on average five thsy three hundred dollars per person.
Revisions to growth over the next two years have noted
accumulative twenty eight point three billion dollars off forecasts. This
is the money we're not going to get because we
don't think it's going to be as good as we
thought it would. Twenty eight point three billion dollars are gone.
That's seven four hundred dollars per person going out to
twenty twenty seven. That's how much trouble we are in.
Speaker 2 (02:43):
You know what, And I've given you this piece of
advice before.
Speaker 3 (02:45):
If you ignore all that, don't listen to all that,
or if you did less and pretend that you didn't hear.
Speaker 2 (02:49):
It, it won't affect you. If anything, To carry on
about your.
Speaker 1 (02:54):
Day a rewrap.
Speaker 2 (02:55):
You need to do much more fun things like marking
the week.
Speaker 4 (02:57):
Time now to mark the week, little piece of news
and current events that is more popular than a three
betty with sea views on Gaza strip. The New Zealand
economy six Real signs of life this week Apples and Tears,
crafts for a billion, red meat, big gains outside China,
Westpac forecasting more growth later this year. The real estate
signs have turned around and JB Hi Fi profit through
the roof. The Golden Visa seven. Not a panacea but
(03:19):
a good, solid, tangible start that's been begging to be triggered.
Now the Foreign house band lift seven not a panacea,
not officially even announced it, but the same logic as
the visa replies Trump eight. Well that's a yes. There
is carnage, mayhem, fury and noise, but on balance it
is spectacular watching and talk about get stuff done. Fluoride
two stupors debate of the week. Councils, already snowed under
(03:42):
with work costs and and competence, take on a ministry
without a leg to stand on legally and waste everyone's
time huffing and puffing. Machas two the second stupidest debate
of the week. We either want jobs and growth or
tax paid, or we don't. Are the super Bowl eight
a record audience after a record season. That is how
you run a sport. Ineos three, I mean the fine
(04:04):
ineos three, Give me something, Glen, give me something. There
we go. The fine detail will be dealt with eventually,
of course, but rugby counting to buy a break at
the moment? Can they? Sam Kerr three should never have
been in court. She also might have thought about, you know,
being such a pratt. Same applies by the way to
that soccer nonsense currently in court in Spain, Huntley and
its extension eight. Some of course party come to Jesus realization, eh,
(04:27):
that the renewables dream ain't the slam dunk transformation. They
thought it might be the War six. It's as good
as ie a. Russia will get some land, Ukraine will
get some guarantees about invasions, America will get some bits
of chips. Job done? Are the other War four peace
steals in the Middle East? Never asked? Why was this
one going to be any different? The Warrior's sister way,
haven't lost a game all year? Have you noticed that?
(04:48):
It's an interesting stat have not lost a game all year?
And to be honest, look better than the reviews made
out and you know it. That is the week copies
on the website, and it was confirmed this week that
writers of the segment have always used plastic straws.
Speaker 2 (05:04):
Now.
Speaker 3 (05:04):
If you thought I was a little bit slow on
the uptake on some of those sound effects, you've bit distracted,
I was.
Speaker 2 (05:11):
There is quite a good reason for it, and I'll
tell you about that shortly rewrap.
Speaker 3 (05:15):
But in the meantime, where are you supposed to take
your secondhand stuff when none of the secondhand shops want it.
Speaker 4 (05:21):
Who knew helping charities was so harday, Or to put
it another way, who knew charities were doing so well?
So we've had a cleanup, clean out at our place
where shifting and shuffling and decluttering. This happens a bit
at our house. I married a person who loves stuff
until they don't. Hasn't applied to me yet, but it
applies to a lot of other stuff. Tables and chairs
and clothes. They're in the current pile. So rather than
(05:42):
dump them, we ring people. Hospice are there, full, SPCA,
they're full. Salvation Army they're full. Red Cross no reply,
no answer phone, nothing, no reply, Habit for Humanity, no reply,
no answer phone, nothing, no reply. How can I give
you stuff if you can't answer the phone? City Mission
they're full, You literally cannot give stuff away. And if
(06:04):
all these people are full, they seemingly can't give it
away either, I mean, if they can't give it a way?
Can that mean that demand is down? Does no one
want a table or a set of dining chairs? Is
the country not really in the dire state? They keep
telling us it is. We did have the problem a
while back, of course, where charity started to get a
little bit picking on things like clothes because people would
dump tat and essentially rubbish. But in our pile clothing wise,
(06:26):
there's a Kenzo sweatshirt. Who doesn't want a Kenzo sweatshirt.
We did think we could say it, you know, for
the kids. Someone sometime is going to need a flat
full of stuff. Apparently half our old stuff is in
fact scattered all over the place in various flats. But
storage is money, and who the hell knows when or
if your kids are going to need a set of
glasses or a site table. So we thought the most
used right here right now are the army of those
(06:48):
in genuine need. But seems there is no army because
everyone's full, so the dump it is. Is that a
waste or is it good news that the so called
need is nothing like they make it up to.
Speaker 3 (06:58):
Be, so they just need to get it up on
trade meet. That's what I would do. It can be
a little bit of a fat or the adminis if
you've got multiple option going at once, keeping track of
all the questions and the offers and the booking, the
couriers and all that stuff. But you know, why just
(07:20):
give it away when you can profit off it?
Speaker 4 (07:23):
Rewrap.
Speaker 2 (07:24):
Okay, time now to explain what happened back in marking
the week.
Speaker 3 (07:27):
It wasn't my best effort. It's because I was also
monitoring something else that was going on.
Speaker 4 (07:33):
This is what I was monitoring, right, So how this
started was No one's a bigger fan of Barry Humphreys
than I am, and I got lucky enough to meet
him a couple of times. I interviewed him many times
over the years. I think he's a genius. So there's
an auction coming up Poster's death, organized by his family
raising money for charity. Some paintings he did, some paintings
he owned. He was a great collector of all sorts
of interesting and eclectic work. He's selling off this morning.
(07:55):
Some of the day Medna's glasses and dresses, and there
are sketches and caricatures and all sorts of interesting things.
I thought, I know I'll have a crack. So I've
been thinking about this all week and boring you witness
with it as we've had the build up, and I
went last yesterday afternoon to place a couple of absent
bits because the things started at eleven thirty last night,
New Zealand time, and I thought, I'm not staying up
for this, so I'll put a couple of absent bids
(08:17):
in and we'll see how we go. I couldn't do it.
They closed off absent bids eight hours before the auction started,
so that was my first thing. So asigned from Heaven.
I went to Katie. I said I can't get a bid.
She goes, will you be depressed? And I thought, will
I be depressed? I'll be moderately depressed, but I'm not
going to let it ruin my weekend. Came into work
this morning. The auction's still going. So the thing's been
going for hours and hours now. It is about two
(08:39):
hundred and fifty lots. Two of the things I was
interested in were early in the auction. There were two
paintings he did. Now he's not a great painter, but
to own something from Barry Humphreys I thought would be fantastic.
There was a thing called garden View and Tuscany, Matthew
Spender and Maro Gorky's house. Now Matthew Spender's his son. Anyway,
the estimation was three to five thousand great British pounds.
(09:02):
I probably shouldn't say this out loud because my wife
will be listening to she goes how many? Anyway, So
I turns out it didn't really matter because what they
thought would go for three to five thousand great British
pounds went for twenty seven, so the estimate was hopeless.
Second one I was interested in was a painting by Humphrey.
It's called Will Penner. They thought it would go once
again between three and five thousand British pounds. It went
(09:23):
for forty five. So things just absolutely out of control.
Speaker 2 (09:28):
And they quite knew at this.
Speaker 3 (09:32):
That.
Speaker 4 (09:33):
Somebody asked me that do they know what they're doing?
I mean, there hasn't been a Humphrey's painting out there
because he's not a known artist. Obviously.
Speaker 2 (09:40):
Is this like forecasting the weather or the economy?
Speaker 4 (09:42):
Probably very similar. Anyway, they're up to a lot. What
are we up to? I can go live to Christie's now.
They're up to lot two hundred and eleven. There's a
couple of things coming up to twenty six I'm interested in,
and I'm going to have a bid as long as
I'm not on air at the time, because that's then
going to get really embarrassing if I'm bidding on ear
while I'm trying to do an interview. But I'm going
(10:03):
to see if I can't get something before the end
of the program.
Speaker 2 (10:05):
So yeah, you've got no idea.
Speaker 3 (10:06):
There's workings that have been going on behind the scenes
to get Mike registered for all this. Well, and when
I say Mike, not really Mike our big boss Jason.
I call him big boss not because he's big, but
because he's like in charge of not just ask but
all sorts of things. I mean, he's taller than I.
Speaker 2 (10:25):
I think I say that three raps. Anyway, the point
is things didn't go well for Mike in the end.
Speaker 4 (10:31):
I missed out. Oh my god, ten thousand. What now
if you want it a ten thousand, we're going to
sell a ten thousand. I want this one hammered down thousand.
This is John three four one two for ten thousand.
This is a caricature of Barry Humphreys as Liz Patterson.
(10:52):
This was one of the ones I wanted. They said
between was it two and three hundred pounds, three and
five hundred pounds, three and five hundred pounds. I thought,
I'm in with this three and five hundred pounds. How
hard can it be? Just sold for ten thousand? So
the next lot is one I also want. They reckoned,
it's between three and five hundred pounds. Want known, it's
(11:12):
nine eight hundred, nine hundred, one thousand, give me eleven hundred, no,
one thousand pounds of me? Well not with me with
the bitter in the book, I'll you know what.
Speaker 2 (11:22):
A long story short.
Speaker 3 (11:23):
He didn't end up buying any fairy huntrees things because
all went for about.
Speaker 2 (11:27):
Ten times much more more than he thought it was
going to.
Speaker 3 (11:31):
So I think that is a nice way to end
things for the day and for the week, knowing that
even Mike Hosking can't afford everything. I Amgleian hat that
was the rewrap. You can definitely afford to join me
here on Monday, because this doesn't cost you anything at all.
Speaker 1 (11:56):
For more from News Talk, said 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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Las Culturistas with Matt Rogers and Bowen Yang
Ding dong! Join your culture consultants, Matt Rogers and Bowen Yang, on an unforgettable journey into the beating heart of CULTURE. Alongside sizzling special guests, they GET INTO the hottest pop-culture moments of the day and the formative cultural experiences that turned them into Culturistas. Produced by the Big Money Players Network and iHeartRadio.