October 20, 2025 • 10 mins
THE BEST BITS IN A SILLIER PACKAGE (from Tuesday's Mike Hosking Breakfast) It's Always Electricity/More Labour Blah Blah/It's an Attitude Thing/Albo at the White House/What Do You Lift?
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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.
Speaker 3 (00:25):
Okay Adian, Welcome to the Rewrap for Tuesday. All the
best buts from the mic asking breakfast on news Talks.
They'd be incily a package iron Glen Harten Today are
the Labour's future fund? Is it a good idea? Is
it even an idea? Have we got a bad attitude?
Like is our national attitude bad? Alban Easy went to
(00:48):
visit mister Trump and what are your lift? Come on, spill,
what do you lift? But before any of that inflation yet,
but we don't like to see it with a three
at the beginning of it. At least they had a
zero after it.
Speaker 4 (01:05):
What led the inflation numbers? Answer? Electricity? And here's the
scandal about electricity. The numbers just for reference one percent
for the quarter, three percent for the year electricity eleven.
So that's your cost of living crisis right there. The
cost of living crisis isn't a broad base thing. Not
everything's up a lot, Not everything even costs a lot.
One of the great ironies about the butter scrap was that,
although yes, butter has risen a lot in price. It
(01:28):
has risen for decent, explainable reasons, i e. We make
a lot of foreign income from selling the world one
of our high quality products. But at no point is
but are really unaffordable given we don't use a lot
of It's not like we're using three packs a day,
but we do use and really can't escape power. Further,
your average usage of power is a hell of a
lot more than butter, and yet butter turned into a
national monathon for weeks on end. Here's the real scandal
(01:50):
on power. It's hidden, of course, behind the climate. There
is no need for power to cost what it does
in this country, far less, cost even more and more
and more, and therefore add to inflation. We failed to
invest in infrastructure, and the labor government killed oil and gas.
Add those two things together and you got the current debicle.
You can add councils and their rates bill if you
want bid. In theory, the government's eventually going to get
around to capping those rates. But at what point does
(02:12):
power get the same attention. Power is industry, an industry
is jobs, and the danger of inflation is it is
simply a measure of things getting worse. It's a vicious cycle,
and unless contained and restrained, we end up in the
mess that we currently are. Bits of inflation are contained,
of course, how by not doing things. Losing jobs and
(02:32):
closing factories fantastic for inflation. Economic stagnation creates very little inflation. Meantime,
the power companies, under the guise of saving the world,
are building windmills and sending us the bill. The cost
of power in New Zealand, whether for you or me
or the country's biggest uses, is ruinous, literally ruinous. The
inflation outworkings are but one part of their overall evil.
Speaker 3 (02:55):
It seems like nothing works unless the electricity's on. So
that's it, sure, isn't it? Because we don't seem to
be making enough of it. Somebody should get onto.
Speaker 4 (03:06):
That the rewrap.
Speaker 3 (03:08):
I'm sure labor can fix it. I mean, when was
the last time they got to go at this sort
of stuff.
Speaker 4 (03:13):
It seems the labour parties not learned a thing about
running a country. Their first policy for next year's vote
is outs. Congratulations on that's our first cab off the
rank is this wealth fund? The idea not necessarily a
bad one, of course. Are you take money from dividends
and distributed oubt about the place to create jobs. The
obvious questions, though, were not answered. How much does it cost,
don't know what industries or entities or businesses are involved,
(03:35):
don't know how many jobs will it create, don't know
who decides who gets what, don't know those are the
specific faults and what really is just a very broad
brush sort of thought bubble. The more pressing issue economically
comes in the form of a simple truth. And the
simple truth is given, you haven't magicked up the money
it has come from a business. Let's say it's a
power company. The company pays the government to dividend that
(03:57):
already happens currently. That dibdend goes into the consolidated Fund
i e. The government's coffers. That money pays bills. Currently,
one of the biggest bills is the interest on our debt.
That bill is getting close to ten bills million dollars
a year. Now. If you aren't using the dividend money
to pay bills because you've siphoned it off to pay
for your wealth fund, where's the money for the bills
going to come from? At all points, you only ever
(04:19):
have a finite amount of money if some of those
dollars go one way, they can't go another, and unless
you can explain how you cover that gap, you're merely
prioritizing one thing over another. It's like increasing the car payment,
but by doing it by paying less on the mortgage,
which in this case brings in Labour's attitude to debt.
Given they're the ones who dug our current debt hole,
it looks like they still haven't worked out it wasn't
(04:40):
a very smart move. If they're a standard chance next year,
they will need to sharpen their policy act up considerably
to something a lot better refined than some blue sky psychobabble.
Speaker 3 (04:51):
I guess yeah, it is sort of fresh in our minds,
isn't it, the mess that they seem to get us into.
So unless some people have got good memories of the
time that Labor, when Labor were last in charge, it
is a sort of a hard reputation to to stand on,
and it's hard to know whether we can believe what
they say they're going to be like next time round,
(05:13):
especially when into a lot of the same people still
there or have I have I just got a bad
attitude about things? Is that my issue?
Speaker 4 (05:20):
Mike just laugh when Chris Hipkins talked about the Future Fund,
can't anyone remember keep will? Yeah, they've got a massive
credibility problem. They're the same people who buggered the place
a back three years later, going hey remember us. I
believe a lot of our country's poor economic performance, my
growth and recovery from the previous six years, is due
to the negativity surrounding the whole of society. This has
been led and fed by negative lefty media that won't
(05:42):
be happy until we're all reliant on a social estate.
You know what. I was talking to a friend who's'
from London the other day. They couldn't agree more. They've
come back and they gone, what the hell is the
matter with everyone's attitude here? And I think you're onto
that there's something in that.
Speaker 3 (05:54):
I actually think that I've had a good attitude about things,
like I've been the one standing here going stopped paying
so much notice of.
Speaker 5 (06:01):
The GDP and the ocr and the CPI and all
the letters. Unless it's really directly affecting you in some way,
Just get over with it, That's what I always say.
Speaker 3 (06:14):
I think that's quite a good attitude, isn't it. It's
rewrap so fun to watch this morning, Albanezi at the
White House finally got his meeting that had been you know, delay, canceled, postponed,
and then back on again. Finally, finally he got to
go to the Big House.
Speaker 4 (06:31):
I'm been able to work out why. But Elbow didn't
get the yellow chairs. They moved him into the cabinet room.
And he's been at the cabinet room and that's all
very fine and well, but the problem with the cabinet
you know what the problem with the cabinet rumors.
Speaker 2 (06:41):
Well, you got to watch had watch shed You're not
allowed to break that. That mirror is four hundred years old.
The camera just hit the mirror. Hey yeah, yeah, I
just moved it up here special from the vaults and
the first thing that happens in camera hits it. Hard
to believe.
Speaker 4 (07:00):
I've never heard him say yay, yeah yeah before. It's
in New York thing to say yeah yeah yeah. Anyway,
Kevin Ruds in the room as the ambassador, and it's excruciating.
Speaker 6 (07:12):
In Australia, it's taken nine months to get this meeting.
Have you had any concerns with this administration and stance
on Palestine, climate change or even things the ambassador said
about you in the past.
Speaker 3 (07:23):
Is Austrain the ambassador.
Speaker 2 (07:24):
I don't know anything about him. And if you said
bad then maybe he'll like to apologize. I rout, I know,
did an ambassador to say something bad about it? Don't
tell me where is he? Is he still working for you? Yeah,
you said bad.
Speaker 3 (07:42):
Positions to President.
Speaker 2 (07:43):
I don't like you either.
Speaker 4 (07:46):
Of course, when you go to the cabinet room and
you're albow, you've got to suck up it.
Speaker 7 (07:48):
But don't you Thank you so much, mister President, for
the invitation here to the White House and to showing
us around the improved Oval Office, and for what you're
doing around here as well.
Speaker 4 (08:02):
And of course once you've been sucked up to, you've
go to be You've got to play nice to We've
been a.
Speaker 2 (08:06):
Long term, long time allies, and I would say there's
never been anybody better. We fought wars together, we never
had any doubts. And it's a great honor to have
you as my friend. It's a great honor to have
you in the United States of America.
Speaker 3 (08:23):
Tell you what. I was watching Sky News Australia this morning.
It took me so long to get onto that, but
where Trump literally failed to recognize Kevin Rudd formed my
Prime Minister of Australia, sitting at the same table as him,
right in front of him. That was very funny. It
was also funny trying to watch Elbin Easy make a
(08:43):
joke about how they were staying across the road from
the White House at Clear House and that they could
have walked there, and everybody just looked at them, like,
what are you talking about? You can't walk anyway the
ree wrap. At least they didn't ask each other how
much they can bench press, which seems to be a
thing that David Seymour did yesterday.
Speaker 4 (09:03):
Do you Everyone's saying bars twenty kg's, which is funny
because I don't lift a lot of those big weights.
I use dumbbells and all that sort of stuff. But
O Katie does and she's We got a couple of
these big bars in the gym and I lifted one
one day and I thought, God, that's heavy. Why is
that so heavy? What's the point of that being that
heavy When I'm gonna put extra weights on it as well?
Why don't you start off super light and then you
(09:24):
can build it up with the weights on the site
so David was fifty, so that seemed to me to
be impressive. Sam's claiming one hundred and forty five. Now
you said, don't insult me with the eighty five. It's
one hundred and forty five, and I'm thinking that's bollocks.
Speaker 3 (09:36):
He wants me to lie down straight so he can
lift me up and down, he says.
Speaker 4 (09:40):
But you're you're one hundred and twenty seven. I know, yeah, and.
Speaker 3 (09:45):
Squidgey, I know it couldn't grip on you a sack
of seed.
Speaker 4 (09:49):
Exactly which bits would you grip and how off putting
would that be?
Speaker 3 (09:54):
Actually, I can tell you from experience it's actually easier
to lift something as squidgy as me than something that's
all rigid. And I know this because I used to
spend all day lifting bags of seed around a warehouse,
and sometimes a container load of seed potatoes would come
(10:17):
in and they would be fifty kilos sets of seed potatoes,
which of course are literally just potatoes tightly packed into
a sect, which is like a solid block. That was
fifty kilos almost impossible to live. I did it. But
tell you what, it's just as well. I was on
time and a half for overtime. I am a glen hat.
(10:42):
This is just within my normal hours doing this today,
so it's the same pay as usual. I suppose I'll
see you back here again tomorrow.
Speaker 1 (10:57):
For more from news Talks'd be 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.
Speaker 3 (00:25):
Okay Adian, Welcome to the Rewrap for Tuesday. All the
best buts from the mic asking breakfast on news Talks.
They'd be incily a package iron Glen Harten Today are
the Labour's future fund? Is it a good idea? Is
it even an idea? Have we got a bad attitude?
Like is our national attitude bad? Alban Easy went to
(00:48):
visit mister Trump and what are your lift? Come on, spill,
what do you lift? But before any of that inflation yet,
but we don't like to see it with a three
at the beginning of it. At least they had a
zero after it.
Speaker 4 (01:05):
What led the inflation numbers? Answer? Electricity? And here's the
scandal about electricity. The numbers just for reference one percent
for the quarter, three percent for the year electricity eleven.
So that's your cost of living crisis right there. The
cost of living crisis isn't a broad base thing. Not
everything's up a lot, Not everything even costs a lot.
One of the great ironies about the butter scrap was that,
although yes, butter has risen a lot in price. It
(01:28):
has risen for decent, explainable reasons, i e. We make
a lot of foreign income from selling the world one
of our high quality products. But at no point is
but are really unaffordable given we don't use a lot
of It's not like we're using three packs a day,
but we do use and really can't escape power. Further,
your average usage of power is a hell of a
lot more than butter, and yet butter turned into a
national monathon for weeks on end. Here's the real scandal
(01:50):
on power. It's hidden, of course, behind the climate. There
is no need for power to cost what it does
in this country, far less, cost even more and more
and more, and therefore add to inflation. We failed to
invest in infrastructure, and the labor government killed oil and gas.
Add those two things together and you got the current debicle.
You can add councils and their rates bill if you
want bid. In theory, the government's eventually going to get
around to capping those rates. But at what point does
(02:12):
power get the same attention. Power is industry, an industry
is jobs, and the danger of inflation is it is
simply a measure of things getting worse. It's a vicious cycle,
and unless contained and restrained, we end up in the
mess that we currently are. Bits of inflation are contained,
of course, how by not doing things. Losing jobs and
(02:32):
closing factories fantastic for inflation. Economic stagnation creates very little inflation. Meantime,
the power companies, under the guise of saving the world,
are building windmills and sending us the bill. The cost
of power in New Zealand, whether for you or me
or the country's biggest uses, is ruinous, literally ruinous. The
inflation outworkings are but one part of their overall evil.
Speaker 3 (02:55):
It seems like nothing works unless the electricity's on. So
that's it, sure, isn't it? Because we don't seem to
be making enough of it. Somebody should get onto.
Speaker 4 (03:06):
That the rewrap.
Speaker 3 (03:08):
I'm sure labor can fix it. I mean, when was
the last time they got to go at this sort
of stuff.
Speaker 4 (03:13):
It seems the labour parties not learned a thing about
running a country. Their first policy for next year's vote
is outs. Congratulations on that's our first cab off the
rank is this wealth fund? The idea not necessarily a
bad one, of course. Are you take money from dividends
and distributed oubt about the place to create jobs. The
obvious questions, though, were not answered. How much does it cost,
don't know what industries or entities or businesses are involved,
(03:35):
don't know how many jobs will it create, don't know
who decides who gets what, don't know those are the
specific faults and what really is just a very broad
brush sort of thought bubble. The more pressing issue economically
comes in the form of a simple truth. And the
simple truth is given, you haven't magicked up the money
it has come from a business. Let's say it's a
power company. The company pays the government to dividend that
(03:57):
already happens currently. That dibdend goes into the consolidated Fund
i e. The government's coffers. That money pays bills. Currently,
one of the biggest bills is the interest on our debt.
That bill is getting close to ten bills million dollars
a year. Now. If you aren't using the dividend money
to pay bills because you've siphoned it off to pay
for your wealth fund, where's the money for the bills
going to come from? At all points, you only ever
(04:19):
have a finite amount of money if some of those
dollars go one way, they can't go another, and unless
you can explain how you cover that gap, you're merely
prioritizing one thing over another. It's like increasing the car payment,
but by doing it by paying less on the mortgage,
which in this case brings in Labour's attitude to debt.
Given they're the ones who dug our current debt hole,
it looks like they still haven't worked out it wasn't
(04:40):
a very smart move. If they're a standard chance next year,
they will need to sharpen their policy act up considerably
to something a lot better refined than some blue sky psychobabble.
Speaker 3 (04:51):
I guess yeah, it is sort of fresh in our minds,
isn't it, the mess that they seem to get us into.
So unless some people have got good memories of the
time that Labor, when Labor were last in charge, it
is a sort of a hard reputation to to stand on,
and it's hard to know whether we can believe what
they say they're going to be like next time round,
(05:13):
especially when into a lot of the same people still
there or have I have I just got a bad
attitude about things? Is that my issue?
Speaker 4 (05:20):
Mike just laugh when Chris Hipkins talked about the Future Fund,
can't anyone remember keep will? Yeah, they've got a massive
credibility problem. They're the same people who buggered the place
a back three years later, going hey remember us. I
believe a lot of our country's poor economic performance, my
growth and recovery from the previous six years, is due
to the negativity surrounding the whole of society. This has
been led and fed by negative lefty media that won't
(05:42):
be happy until we're all reliant on a social estate.
You know what. I was talking to a friend who's'
from London the other day. They couldn't agree more. They've
come back and they gone, what the hell is the
matter with everyone's attitude here? And I think you're onto
that there's something in that.
Speaker 3 (05:54):
I actually think that I've had a good attitude about things,
like I've been the one standing here going stopped paying
so much notice of.
Speaker 5 (06:01):
The GDP and the ocr and the CPI and all
the letters. Unless it's really directly affecting you in some way,
Just get over with it, That's what I always say.
Speaker 3 (06:14):
I think that's quite a good attitude, isn't it. It's
rewrap so fun to watch this morning, Albanezi at the
White House finally got his meeting that had been you know, delay, canceled, postponed,
and then back on again. Finally, finally he got to
go to the Big House.
Speaker 4 (06:31):
I'm been able to work out why. But Elbow didn't
get the yellow chairs. They moved him into the cabinet room.
And he's been at the cabinet room and that's all
very fine and well, but the problem with the cabinet
you know what the problem with the cabinet rumors.
Speaker 2 (06:41):
Well, you got to watch had watch shed You're not
allowed to break that. That mirror is four hundred years old.
The camera just hit the mirror. Hey yeah, yeah, I
just moved it up here special from the vaults and
the first thing that happens in camera hits it. Hard
to believe.
Speaker 4 (07:00):
I've never heard him say yay, yeah yeah before. It's
in New York thing to say yeah yeah yeah. Anyway,
Kevin Ruds in the room as the ambassador, and it's excruciating.
Speaker 6 (07:12):
In Australia, it's taken nine months to get this meeting.
Have you had any concerns with this administration and stance
on Palestine, climate change or even things the ambassador said
about you in the past.
Speaker 3 (07:23):
Is Austrain the ambassador.
Speaker 2 (07:24):
I don't know anything about him. And if you said
bad then maybe he'll like to apologize. I rout, I know,
did an ambassador to say something bad about it? Don't
tell me where is he? Is he still working for you? Yeah,
you said bad.
Speaker 3 (07:42):
Positions to President.
Speaker 2 (07:43):
I don't like you either.
Speaker 4 (07:46):
Of course, when you go to the cabinet room and
you're albow, you've got to suck up it.
Speaker 7 (07:48):
But don't you Thank you so much, mister President, for
the invitation here to the White House and to showing
us around the improved Oval Office, and for what you're
doing around here as well.
Speaker 4 (08:02):
And of course once you've been sucked up to, you've
go to be You've got to play nice to We've
been a.
Speaker 2 (08:06):
Long term, long time allies, and I would say there's
never been anybody better. We fought wars together, we never
had any doubts. And it's a great honor to have
you as my friend. It's a great honor to have
you in the United States of America.
Speaker 3 (08:23):
Tell you what. I was watching Sky News Australia this morning.
It took me so long to get onto that, but
where Trump literally failed to recognize Kevin Rudd formed my
Prime Minister of Australia, sitting at the same table as him,
right in front of him. That was very funny. It
was also funny trying to watch Elbin Easy make a
(08:43):
joke about how they were staying across the road from
the White House at Clear House and that they could
have walked there, and everybody just looked at them, like,
what are you talking about? You can't walk anyway the
ree wrap. At least they didn't ask each other how
much they can bench press, which seems to be a
thing that David Seymour did yesterday.
Speaker 4 (09:03):
Do you Everyone's saying bars twenty kg's, which is funny
because I don't lift a lot of those big weights.
I use dumbbells and all that sort of stuff. But
O Katie does and she's We got a couple of
these big bars in the gym and I lifted one
one day and I thought, God, that's heavy. Why is
that so heavy? What's the point of that being that
heavy When I'm gonna put extra weights on it as well?
Why don't you start off super light and then you
(09:24):
can build it up with the weights on the site
so David was fifty, so that seemed to me to
be impressive. Sam's claiming one hundred and forty five. Now
you said, don't insult me with the eighty five. It's
one hundred and forty five, and I'm thinking that's bollocks.
Speaker 3 (09:36):
He wants me to lie down straight so he can
lift me up and down, he says.
Speaker 4 (09:40):
But you're you're one hundred and twenty seven. I know, yeah, and.
Speaker 3 (09:45):
Squidgey, I know it couldn't grip on you a sack
of seed.
Speaker 4 (09:49):
Exactly which bits would you grip and how off putting
would that be?
Speaker 3 (09:54):
Actually, I can tell you from experience it's actually easier
to lift something as squidgy as me than something that's
all rigid. And I know this because I used to
spend all day lifting bags of seed around a warehouse,
and sometimes a container load of seed potatoes would come
(10:17):
in and they would be fifty kilos sets of seed potatoes,
which of course are literally just potatoes tightly packed into
a sect, which is like a solid block. That was
fifty kilos almost impossible to live. I did it. But
tell you what, it's just as well. I was on
time and a half for overtime. I am a glen hat.
(10:42):
This is just within my normal hours doing this today,
so it's the same pay as usual. I suppose I'll
see you back here again tomorrow.
Speaker 1 (10:57):
For more from news Talks'd be listen live on air
or online, and keep our shows with you wherever you
go with our podcasts on iHeartRadio.
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