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August 3, 2025 • 14 mins

THE BEST BITS IN A SILLIER PACKAGE (from Monday's Mike Hosking Breakfast) Fifteen Is Not Ten/Feeling the Funk/Don't Give Up On the Warriors. Yet/Making New School Old Again

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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, Okay.

Speaker 3 (00:26):
There and welcome to the rewrap for Monday, all the best,
But from the Mic Hosking breakfast on News Talks, he'd
be in a sillier package. I am Glen Hart and
today consumer confidence. How are we feeling everyone? How are
we feeling about? How the warriors are going? And NCAA
is dead. Let's find out what's going to take its place.

(00:50):
But before any of that, so, yes, we got fifteen,
not ten boo.

Speaker 2 (00:55):
So questions out of Trump's fifteen percent, is there simply
nothing we can do about it? As Tim Grosser suggested
a moment ago, what does the PM have to say
given a stance was we don't want to be materially
worse off than anyone else. The main thing here is
we are. We are not just that, but one of
our biggest trading partners has a better deal than we do.
Australia got ten percent, so did the UK, so did Brazil.

(01:17):
But Australia that's got to hurt. They can land their
beef and their wine at ten percent, We land ours
at fifteen. If we don't want to be materially worse
off an arc, can we do anything about it? Now?
You can argue we're not as badly hit as others.
We don't make shoes in Asia, we don't make cars
in Italy. But five percent on billions is a lot
of millions and we can't afford it. Is their hope

(01:38):
that we can trade through it. For example, I mean,
if you stuck fifteen percent on some Felton Robe Pinot
on Fifth Avenue, New York, would they notice or care?
Is there a lack of herd size in America so
severe and their desire for burgers so great that New
Zealand beef can charge pretty much whatever they want the
extra and get away with it. Or has all this
impacted enough people so as to generate a major global
shift in trade direction? Other words, does more of the

(02:00):
Kiwi fruit and the wine and the lamb head to
the Middle East and the EU than it used to?
The prize for America? As this will be I think permanent.
The Trump always had right was there were countries and
arrangements that did rip the US off of that. There
was no question we weren't one of them. We're just
the collateral damage. But even when Trump leaves, and even
if the Republicans hold the office, no one's going to

(02:21):
undo this, I don't think, because, without question, as a
major American victory, he delivered what he said he would do.
Say whatever you want about Trump. This has been, although chaotic,
ultimately a massive win for him. But there's no one
to blame here. From our point of view, it's no
one to blame. It's not the government's fault. The lesson,
if there is one, is this is what happens to
tiny countries at the bottom of the world. I think

(02:41):
it's that simple. They couldn't give them monkeys about us.
The US is not remotely interested in New Zealand. Are
they happy to open an FBI branch office that realize
we're part of five eyes Hell, we may even end
up in part of August August, but a good trade deal.

Speaker 3 (02:55):
Interestingly, the former trade Minister Tim Grosser was on our
show this morning and he claimed that even if Tom
mclade came down on the White House lorn, he wouldn't
have got a better deal. I take it she was that.
I think that. I mean it could have gone either way.
He could have got deported to our sales ador. Or
Trump would have noticed him and wondered what was going on,

(03:18):
and once somebody had told him, he would have said,
OHI this guy. Get him in here, done at Yale.
Then perhaps even you know, promoted him to be part
of his cabinet. Perhaps they replaced the statistics secretary who
got fired because she told Trump that the job numbers
were down and that wasn't what he wanted to hear,

(03:38):
so rewrapped anyway, probably not quite Off the back of
all this, how are we feeling about the economy here
in New Zealand?

Speaker 2 (03:46):
Now? Consumer confidence came out Friday. Were down again. This
is the amesz Ruin Morgan. We down by four points.
Were at ninety four point seven. We were up in
June quite a bit. We thought things were going well
in June. By July we'd changed our mind. Inflation expectations,
they are now at their highest level since April of
twenty three. They're up zero point two. It's gone through
the five percent barrier. That's what we think is going

(04:07):
to happen to inflation. None of that's good, It's entirely possible,
says the Bank, that both GDP and employment went backwards
in the June quarter GDP. That's the whole economy went
backwards in the June quarter. Do we think it's a
good time to buy a major household item, No, mind you,
we haven't for a while. A perception of our current

(04:29):
personal financial situation down down eight to minus twenty one.
Feel negative. Regarding the economic outlook over the next twelve months,
we're down three to minus sixteen. Perceptions of the economic
outlook five years ahead, though remain steady at plus seven.
I mean, how the hell we know what's going to
happen in five years time. It's guesswork. But here's the
point is there's an increasing amount of commentary if you're

(04:50):
reading over the weekend from people saying, oh, pretty much
the same thing, and that is the pressure is now
going on lux and the pressure is now going on
the government. Every time that they go, we've turned the corner.
We've turned the corner. We've turned the corner. We go
show it to us, and they'll go farmers, Sure, farmers
are going great, but who else show it to us?
So Bruce co over the weekend, he's interesting some of
the reaction to the butter prices. He's talking about the butter.

(05:13):
Some of the reaction of the butter prices had been
up there with the best of the Monty Python. For
those who have stopped watching the six pm news, you
missed the cringeworthy moment where a political reporter interrupted the
CEO of Fonterra as he walked down the street, her
purpose to challenge him on the price of butter. A
day or so later, another journalist AARs Myles Hurrel if
he had ever been to a supermarket. When he replied
that he was in the supermarket yesterday, the journalist immediately

(05:35):
quoted as seven figure salary when suggesting he shouldn't notice
the price of the liquid gold. If the viewer wasn't
embarrassed the day before, surely there would be my Now,
my only hope was that no one from overseas was
watching the attack on success and aspiration that seems to
have become a feature of life in our country. What
an excellent line. My only hope was that no one

(05:57):
from overseas was watching the attack on success and aspiration
that seems to have become a feature of our life
in this country. So my question to the year it
will be to the Prime Minister as well, how much
of our current circumstances is us We're in a funk.
We're determined to be in a funk. We love being
in a funk. We don't know how to get out
of a funk versus how much of it's actually real?

(06:18):
And a few people need to be held to account.

Speaker 3 (06:20):
It's funny, isn't it They have There is a difference
between feeling funky and being in a fank. I've been
thinking about that a lot lately. Don't know why rewrap right?
So's it's complicated this business of doing business with America,
isn't it? How much business do we do, especially compared
to the old ten percent of Australia across the ditch.

Speaker 2 (06:43):
The trade is interesting between Australia. So they have forty
billion between Australia and the US. We've got nine. So
we actually box above our way if you think about it,
because they are many times larger than our economy. The
Australians and what they seend is also interesting. US makes
up sixty seven percent of their export market. We're at
twelve point seven, so we're more reliant on America than
the Australians are. Beef and this is where it gets critical.

(07:05):
They're beef three point three billion and a half billion,
so once again, beef specifically is one point eight so
we're boxing well above our weight given the size of
the once again, the Australian economy. But if they land
their beef at ten percent and ours is fifteen percent,
do would you buy Australia? I mean, personally I wouldn't
because not as good as ours. But I mean, is
there that nuance and subtlety in the American market? Who

(07:27):
would know? We run about a billion in dairy to
the Americans, three quarters of a billion in wine. It's beverages,
but mainly it's wine. Big on mechanical machinery. Wood fish,
fruit and nuts all a third of a billion, So
between wood, fish, fruit, nuts, that's a billion dollars worth
of business. So this is all material. If suddenly the
bit of wood from New Zealand's got fifteen percent and

(07:48):
the bit of wood from Australia's got ten percent, why
I mean there's no difference is you buy the cheap
of wood, and that's where it's going to actually hurt us.
On things like fish or wine or lamb. You might
might be able to argue quality a bit of wood.
You can't do. You know what else we do to
the tune of half a billion dollars with the Americans.
I bet you'll never guess illuminoids, starches and glues. Half

(08:11):
a billion dollars worth of illuminoids, starches and glues from
New Zealand to the US. What does that even mean?

Speaker 3 (08:20):
Illuminoids robots made out of aluminium? And if they are,
is that what the Terminator T one thousand was in
the Terminator two movie? The rewrap right, it's a funny thing.
The Husk never used to do opening editorials on a

(08:43):
Monday if the Warriors lost, but he started doing this.
This is the second time he said to well, I
guess when the Warriors to keep losing? Otherwise you're not
talking about them, are you?

Speaker 2 (08:51):
Now? You can slice the Warriors lost a million different ways.
How about this line? It wouldn't seem so bad if
the Titans never happened. What about it wouldn't be so
bad if there weren't so many injuries. So you can
argue that Dolphins are a good top eight side, which
they are. Last time we barely beat them, This time
they barely beat us. You can argue we're still in
the top four, and I think that's the key. We're
in the top four for goodness sake. I mean, most

(09:11):
years we're talking about the highlight being the chance of
scraping into the top eight. We're still top four. And
I'll tell you what's going to fix it this week.
This week we beat the Bulldogs and that'll be that.
In life, the lessons you fix the stuff you can fix.
We can't mend injuries, we can't bring Metcalf back, but
we know we're a side that deserves to be in
the top four. What we don't have, still don't have,

(09:34):
is a victory over a fallow top four side. We
beat lesser sides, occasionally, lesser sides beat us. Are the Bulldogs,
the Storm and the Raiders are above us. We have
beaten none of them. Now we've yet to play the Bulldogs, obviously,
which is why this weekend is such a big deal
and become a bigger deal after Friday night. We have
no actual proof we can beat a side that sits
right alongside us in the top four. You don't win

(09:54):
the premiership, of course, from outside the top four. Only
twice in all of league's long long history has aside
from outside the top four ever gone all the way,
and if we're being honest, we aren't one of those sides,
and we find ourselves fifth, six, seventh, or eighth. The
top four brings us all to playoff advantages we need,
so in some respects, the whole season is on the
line this weekend. If we beat a playoff site, we've

(10:15):
got the proof we're good enough. If we can do
it with depleted stock feels even better. Also means we
won't have lost, of course, three in a row. This
has been too good a season to blow it now.
We don't want to be scrapping to survive into the eight.
We want to cemit a place in the four. We
want to finish on the up. We want Bulldogs win
and then four easyish ones after that, including a redeemption
outing of course against the Titans. It's still there for

(10:37):
the taking. I am still a believer. This is still
our year.

Speaker 3 (10:44):
Yeah, Unfortunately, it doesn't really matter how much Mike Hoskin
believes in them. They've got to believe in them, and
I feel like that is just not quite happening at
the moment.

Speaker 1 (10:51):
The rewrap right, We're.

Speaker 3 (10:52):
Going to finish up. We've brought you the news during
the show this morning that of what the changes to
NCEEA or secondary school qualifications basically in this country are
going to be. You just about need a degree to
figure it big of them all out, but essentially it's
back to the old days, back to the days when

(11:13):
well Mike and I were at school.

Speaker 2 (11:14):
Hi Mike. The education changes to when CEA sound very
much like my education in Australia, where you needed to
get four subjects in your final years to get to UNI,
and you could not get to years twelve and thirteen
without passing English and maths. Kids went to apprenticeships earlier
and were earning and many went on to manage small businesses.
So let's hope it works aless the Teachers Union and

(11:34):
like many of my kids suffered then CEA, and all
I can say is, thank goodness, it's going to change.
Thank you all listen. It's good And it's very similar
to my schooling. And you're going back to the eighties,
and that was you couldn't go ahead to the next
year until you passed whatever it was you were going for,
and that's why I dropped several subjects. I can't remember
what it was. I took up music in the fifth

(11:55):
form because of failed tech drawing in the fourth form,
and so I thought, I'll just pick another subject. But
you certainly couldn't get. You needed four or five subjects,
and you needed to get if you were going to
get internally assessed. I don't think I mentioned in the piece.
They don't mention much internal assessment. It'll be interesting to
see the final detail. But unless you got internally assessed,
I think in my particular year to get university entrants,

(12:16):
you needed thirty five or above. If you got thirty
five or above, you've got it internally, you know, accredited
as they called it, and if you didn't, you had
to sit the exam. So I ended up getting in
my philosophy, which was to do as little as possible
to get the hell out of school as fast as
possibly could. I ended up getting thirty seven out of
whatever was I needed. So I got it. So we'll
see what the reaction is.

Speaker 3 (12:37):
Is tich drawing still a Thing's a good question about
people taking tick.

Speaker 2 (12:40):
It'll be called something different these days, but it'd.

Speaker 3 (12:42):
Be graphic, something.

Speaker 2 (12:45):
Would work well.

Speaker 3 (12:46):
It seem to be a big push to get us
to all be architects exactly exactly.

Speaker 2 (12:50):
I mean there still will be. It's just called something
different would work. Metal work with subjects tech drawing was
a subject music that and you had to do maths
and English and as science. So I noticed in that
there's nothing in science, so you had to do maths,
English and science.

Speaker 3 (13:05):
So by the time I think we really believe in
science anymore, we llor.

Speaker 2 (13:08):
Not, not with climate change if you seen climate change
lately exactly. So you so you did five subjects. Smart
kids did six, but you did five subjects. So by
the time you got your three compulsories, you really only
had to choose two. And of the two white shows,
I failed one, so I had to pick another one.
That's how that worked. And then I went on to
the fifth form music and I failed that as well.

Speaker 3 (13:27):
So you criticized kids for doing drama and so forth.
I did drama in sixth.

Speaker 2 (13:31):
Form, did you get it?

Speaker 3 (13:32):
And performance music?

Speaker 2 (13:34):
Did you get it? Yes?

Speaker 3 (13:35):
But then there was no option to take it in
seventh form exactly. So then I suddenly found myself taking
both statistics and calculus.

Speaker 2 (13:45):
It's starting at the seventh form.

Speaker 3 (13:47):
Well, no, because there was nothing, you know, there was
the subjects I'd taken before didn't lead to anything. So
because I'd done sixth form maths.

Speaker 2 (13:56):
So you could suddenly do calculus.

Speaker 3 (13:57):
And yeah, look, look, mister Mensis will tell you that
I certainly couldn't do calculus.

Speaker 2 (14:02):
Yeah, but look where it led you.

Speaker 3 (14:04):
Yeah, now I can. Now, I can count backwards in
time most of the time.

Speaker 2 (14:08):
I can almost tell the time it's nine to nine.

Speaker 3 (14:10):
Every now and again, I'm out by a whole minute,
and I either run out of music that's playing a
minute out from going to the ad break, or I'm
still play music with a minute to go as we
go to the ad break. So but you know, it's
only radio. It's not like it's a brain surgery, you

(14:33):
know what I mean. Thanks for sharing a bit of
your radio time with me, though, and we'll be back
with more brain surgery tomorrow.

Speaker 1 (14:41):
See there for more from News Talks ed B. Listen
live on air or online, and keep our shows with
you wherever you go with our podcast on iHeartRadio.
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