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By Newstalk ZB
3.9
1212 ratings
The podcast currently has 18,507 episodes available.
The most played episodes among Podcast App listeners.

So the Government has moved on rates. The cap is 4%, unless there are exceptional circumstances. Of all the price pressures that are out of control, rates would have to be the worst. As we have heard this week, insurance is starting to curtail, if not fall, in some areas. Power is actually falling for commercial users, although not to what it should be. Certainly, the cost of generation is down and once the build out of solar and wind is complete there can be no excuse not to see prices drop domestically. Food is back down within the Reserve Bank band. 1.9% was your last reading. Petrol is all over the place but beyond our control, which basically leaves rates. Look at the last inflation read and look at the part that rates played in driving it up. And the difference between rates and all the other examples I have just given is there is no sign of it ever ending. Oh they have excuses! "There is no shortage of jobs to be done." And even if you strip out the frippery, the nice-to-have nonsense, the multi-cultural nods to Lord-knows-what, you are still left with genuine and real tasks that need attending to. But the reason those jobs are so overdue and urgent is because they were never done in the first place because the frippery always took precedence, and it took precedence because it got headlines and they knew the ratepayer was a never-ending pot of money. Well, no more. What makes it tricky of course is councils will have to fund work through debt. The trouble is for too many they are tapped out. They drained that well, as well. So in a purely numeric way they are between a rock and a hard place. But then they have no one to blame but themselves. They will hope Labour wins the election of course, because Labour will open the tap up. Which leads to the question, if Labour let councils charge bed taxes and let them charge whatever rates they want, is that a broken promise given they said there is only one new tax? Anyway, 4% is restraint and reality and fiscal discipline. Not a moment too soon. See omnystudio.com/listener for privacy information.

At the end of each week, Mike Hosking takes you through the big-ticket items and lets you know what he makes of it all. GDP: 9/10 The Infometrics Q2 read is the final nail in the misery merchants' coffin – the turnaround is real. Chris Hipkins: 4/10 Between the streaming bill he didn’t know he had and the Prime Minister interviews he didn’t listen to, does this look like a guy who is razor sharp and ready to rumble in an election campaign? Ginny Andersen ruling out all taxes: 7/10 Big call and had to have made Chlöe choke on her oats. The ceasefire: 2/10 Is that Trump's worst hour yet? Think of all the things he said versus all the things that didn’t happen. It's almost as though he makes it up or doesn’t have a clue what's going on. Liam Lawson: 9/10 Oh, the irony of hand injuries and Zandvoort. Can we really rule a podium out? LISTEN ABOVE FOR MIKE HOSKING'S FULL WEEK IN REVIEW See omnystudio.com/listener for privacy information.

On the Mike Hosking Breakfast Full Show Podcast for Monday the 17th of August, Act proposes to only hire people in the public sector on merit instead of race or gender and we celebrate updated tourism numbers and NZ Fashion Week. The Prime Minister joins the show for the first time since the attempted coup - and talks about whether there is more reform coming for the public sector. Andrew Saville and Jason Pine talk all being together at the ZB 100th birthday party on Friday night - and they talk a bit of sport too! Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVE See omnystudio.com/listener for privacy information.

Right, a poll the Government should be worried about - whose fault is the economy? The importance of this is based on the simple premise that this election is about one thing, which is the state of the place. Is it getting better, or not? Do you see a brighter future, or not? Forget all the other issues and policies because they're frippery. All that matters is the state of your wallet, your finances, your lifestyle, your hopes and your aspirations. The Government will argue they inherited a mess and it was so big that it takes time to turn it all around. For a while they had us onside. We believed them, mainly because it was true. History will show what labour did 2017-23, and particularly 2020-23 is one for the record books. Things were coming right until the war then the momentum was lost. It's now back, to a degree. GDP is growing and major sectors like manufacturing and services are in expansion. Jobs are still an issue and confidence is fragile. So their job is to re-convince you that they had it in hand but Trump got in the way. "Just stick with us and she'll be right". So, to the poll Horizon did in the early part of this month. 31% say yep, it's Trump's fault. 17% say it was Labour. But 29% say it's on this Government. Now like all polls, you can read it a million ways. The 31% who say Trump and the 17% who say Labour makes 48%. That is not a majority. 31%, 17% and the 29% blaming the Government makes up 77%, so that’s 23% who don't know. Between the "don’t knows" and the 48% you can talk your way to victory. But if the 23% of "don't knows" go with the 17%, at 40% that's a lot of people who don’t believe you and you're in trouble. You could be positive and suggest that the 29% who think it's on the Government is not actually that many, so their argument is landing well. But they would need to swing a few of the "don’t knows" their way to make sure. Either way, this is what this vote comes down to. The evidence, although there and growing, is not cemented in enough yet to feel really confident. On these numbers I would rather be the Government than not. But on these numbers it is still all there to play for. LISTEN ABOVE See omnystudio.com/listener for privacy information.

Cotality's Housing Affordability numbers paint what even a sceptic would have to agree is a pretty good picture of our housing market. Especially for first timers and when you compare us to Australia. Australia's market is a mess, and one of the biggest messes within the mess is the result of their Labor Government changing tax deductibility around landlords and expenses. Labour here did it and it had a similar result. Under our current Government they restored deductibility and the proof is there for all to see. Investors are part of the market. The first-time buyer is in clover, and rents are flat as a pancake. For landlords and some others who want capital return in double digits, this won't be the greatest of news. But many have argued for years that housing needs to be more affordable and the Cotality numbers show now it is 7.2 times the average wage versus as high as 10 times a few years back. The lesson, if Labour here wants to learn it, is investors aren't crooks. They're not nasty people looking to enslave tenants. They're businesspeople who simply want a fair shake. In Australia the market is in free fall, investors have fled, applications for mortgage money have tanked, and the value of houses is falling as the auction clearance rate each weekend craters. In a single move in this year's Budget, Albanese and Chalmers have managed to upend what for most Australians is their dream. And that is the other part of our story and Cotality's numbers – the first home buyer has never been a bigger part of the market. Why is that? Because despite all the energy put into trying to convince people otherwise, we have a love affair with real estate. Even though the youth of today are a world away from what we used to be in terms of lifestyle and attitude and world view, what hasn’t changed is the desire to own your own home. Your castle. So in New Zealand we are stable, predictable, and more affordable. In Australia they're collapsing, panicking, and chaotic. That’s a story for us to be proud of. See omnystudio.com/listener for privacy information.
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