The Mike Hosking Breakfast

Mike's Minute: I can help Steve Abel


Listen Later

I can help Steve Abel. 

Steve is the Green's agriculture bloke and he wants an urgent inquiry into the Wattie’s and Heinz mess in Hawkes Bay. 

He is wasting his time. Not because he shouldn’t be concerned, because he should. We should all be concerned. 

But the answers he seeks are already readily available. 

He asks about four main things: the regulatory environment, energy costs, foreign owner indifference, and anti-competitive behaviour from the supermarkets. 

The website Newsroom wrote a solid piece about all this several weeks ago in which it was broadly concluded the troubles in Hawke’s Bay have been coming for a decade, so some late, breaking alarmism via yet another committee addresses nothing. 

Costs in this country are too high. I refer you to Paul Conway's speech last week to a bunch of financial operators. We are unproductive and have been for years. 

Supermarkets have indeed played a part. The home brand scenario damaged the more premium brands and Wattie's etc have suffered because of it. 

Now, is that anti-competitive? Or offering more competition? Does the punter want choice and price range? I would have thought yes. 

On the energy costs, Wattie's and Heinz have both spoken to this. Our energy costs are ruinous. Gas, or lack of it, has killed a lot of manufacturing. The Greens might like to ask themselves why they got obsessed with solar panels and banned gas before there were enough solar panels to cover the energy gaps. 

The old regulatory environment is an interesting one. Labour and Nicola Willis have jawboned rules and regulations and watchdogs and Commerce Commission investigations, but to what avail? Nothing has changed, which either means there is nothing to change, or they are useless. 

Foreign owner indifference, I would suggest, that sounds a bit xenophobic. Yes, I know what he means – could a massive player in Detroit cut ties without losing sleep in little old New Zealand? Sure. 

But no one who invests and runs businesses does so with indifference. 

Between the dumping, the cheap stuff consumers prefer, the size of our market, and the ruinous cost of energy, it's all there as a combustible recipe to blow up a lot of business models. 

Peas in a bag and peaches in a tin are the victims. The inquiry is not needed. 

See omnystudio.com/listener for privacy information.

...more
View all episodesView all episodes
Download on the App Store

The Mike Hosking BreakfastBy Newstalk ZB

  • 3.9
  • 3.9
  • 3.9
  • 3.9
  • 3.9

3.9

12 ratings


More shows like The Mike Hosking Breakfast

View all
Test Match Special by BBC Radio 5 Live

Test Match Special

219 Listeners

Sky Sports Cricket Podcast by Sky Sports

Sky Sports Cricket Podcast

119 Listeners

Gone By Lunchtime by The Spinoff

Gone By Lunchtime

27 Listeners

Australian True Crime by Bravecasting

Australian True Crime

1,336 Listeners

Saturday Morning with Jack Tame by Newstalk ZB

Saturday Morning with Jack Tame

2 Listeners

Heather du Plessis-Allan Drive by Newstalk ZB

Heather du Plessis-Allan Drive

15 Listeners

Early Edition with Ryan Bridge by Newstalk ZB

Early Edition with Ryan Bridge

2 Listeners

Weekend Sport with Jason Pine by Newstalk ZB

Weekend Sport with Jason Pine

4 Listeners

The Weekend Collective by Newstalk ZB

The Weekend Collective

0 Listeners

The Re-Wrap by Newstalk ZB

The Re-Wrap

1 Listeners

The Leighton Smith Podcast by Newstalk ZB

The Leighton Smith Podcast

89 Listeners

Smart Money by Newstalk ZB

Smart Money

4 Listeners

Matt Heath & Tyler Adams Afternoons by Newstalk ZB

Matt Heath & Tyler Adams Afternoons

0 Listeners

The OneRoof Radio Show by Newstalk ZB

The OneRoof Radio Show

4 Listeners

Kerre Woodham Mornings Podcast by Newstalk ZB

Kerre Woodham Mornings Podcast

0 Listeners

A Captain's Cup by Radio Sport

A Captain's Cup

2 Listeners

Between Two Beers Podcast by Steven Holloway & Seamus Marten

Between Two Beers Podcast

138 Listeners

The High Performance Podcast by High Performance

The High Performance Podcast

535 Listeners

I Catch Killers with Gary Jubelin by News.com.au

I Catch Killers with Gary Jubelin

555 Listeners

Newstalk ZB ANZAC Centenary Tribute by Newstalk ZB

Newstalk ZB ANZAC Centenary Tribute

0 Listeners

Election 2023: The Front Bench by Newstalk ZB

Election 2023: The Front Bench

0 Listeners

On The Front Foot by Newstalk ZB

On The Front Foot

3 Listeners

Holiday Breakfast by Newstalk ZB

Holiday Breakfast

0 Listeners

The Superior Sailor Series by Newstalk ZB

The Superior Sailor Series

0 Listeners

Rugby Direct by Newstalk ZB

Rugby Direct

4 Listeners

The Dom Harvey Podcast by Dom Harvey

The Dom Harvey Podcast

65 Listeners

Secrets We Keep by LiSTNR

Secrets We Keep

113 Listeners

Motive & Method by TAPT Podcasts

Motive & Method

81 Listeners

The Big League Podcast by Newstalk ZB

The Big League Podcast

2 Listeners

All Sport Breakfast Canterbury by NewstalkZB

All Sport Breakfast Canterbury

0 Listeners

News Fix by Newstalk ZB

News Fix

0 Listeners

Football Fever by Newstalk ZB

Football Fever

0 Listeners

Sports Fix by Newstalk ZB

Sports Fix

1 Listeners

Great Chats with Francesca Rudkin by Newstalk ZB

Great Chats with Francesca Rudkin

0 Listeners

In My Day by Newstalk ZB

In My Day

0 Listeners