The Mike Hosking Breakfast

The United States consumer sentiment is the lowest it's been since 2022.  Like investors, consumers have growing concerns about the uncertainty of tariffs.  Devon Funds Management Greg Smith talks to Mike Hosking about the stats, an update in New Zealand's food prices, and A2 Milk's big rise.  LISTEN ABOVE.  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.     New Zealand: 7/10   Between the investment conference, the India trip about to unfold, and the huge boost in visa interest from wealthy foreigners, that’s not a bad week's work for a small country trying to get its mojo back.    Tariffs: 2/10  Th...

I suppose technically it is only halfway through, with today still to go, but the Investment Summit looked good to me on day one.  There seems no doubt that a lot of people with a lot of money turned up and some of them spoke of their desire to bid for projects.  The Prime Minister, who needs some runs, I think has some and he hasn’t even left for India.  His pitch that we are a she...

A potential government shutdown in the US as the deadline to fund federal agencies looms.  Congress lawmakers have until the end of the day on Friday US time to fund its Government, or agencies will have to halt all non-essential functions.  But the Bill will require the support of some democrats.  US Correspondent Richard Arnold told Mike Hosking that's not guaranteed.  He say...

On the Mike Hosking Breakfast Full Show Podcast for Friday 14th of March, a major investor with over $1 trillion in assets talks our Investor Summit and its success so far .  Act leader David Seymour is pushing for the removal of a compulsory Maori course for international students, keeping them from taking a paper they would prefer to pick up.  Kate Hawkesby and Tim Wilson try to explai...

Kate Hawkesby and Tim Wilson joined Mike Hosking once again to Wrap the Week that was.  They discussed clothes shopping and quiet luxury, Mike’s problem with some supermarket collectables, and who has the best voice for advertising jingles.  LISTEN ABOVE See omnystudio.com/listener for privacy information.

Manager David Higgins has speculated on the timing of Joseph Parker's chance to fight unified heavyweight champion Oleksandr Usyk.  The World Boxing Organisation has ordered Usyk to take a mandatory defence of his WBO title against Parker, which would also likely put his remaining alphabet soup of belts on the line.  The news came hours after reports of Usyk's camp negotiating for an und...

Shihad front man John Toogood says he wants to spend more time with his children as he prepares for his final show.  The iconic Kiwi rock band will play its last ever performance at Wellington's Homegrown festival tomorrow.  Toogood told Mike Hosking now is the right time to end.  He says it's something they've been thinking about for a while, and he just wants to put his family fir...

A push for more infrastructure growth through foreign capital has piqued offshore interest.   The Government's Investment Summit is in its second day in Auckland.   More than 100 investors from around the world are attending to hear from ministers about potential projects and partnerships.    ABRDN Infrastructure Head Bill Haughey told Mike Hosking his firm has the capacity to...

The Act Party's putting the pressure on Auckland University to say goodbye to its compulsory ‘Waipapa Taumata Rau’ course.  The near $6 thousand paper covers the Treaty of Waitangi and traditional Māori tikanga for first year students.  Leader David Seymour told Mike Hosking students within his Epsom electorate are upset.  He says constituents have told him they aren't interested in...

A sociologist isn't worried about net migration inching closer to zero.  New Stats NZ data shows there was an annual net migration gain of around 32,000 in the year to January, down on December.  Migrant departures also rose 18% to almost 123,000 in that time, the highest on record for an annual period.  But Massey University's Paul Spoonley told Mike Hosking we don't know about the...

The Health Minister is looking to ensure procurement rules were followed in a big Health New Zealand contract.  The agency awarded a $2 million contract to MBI Healthcare Technologies in April 2023.  It was partly founded by ACC senior executive John Bennett, who left the company in 2020, but had been an advisor to Health New Zealand since 2022.  Simeon Brown told Mike Hosking he al...

Well, here we go and welcome to International Investment day.  I found it somewhat bewildering, if not sad, that Ginny Andersen on this show yesterday said foreign investment wasn’t the answer to our problems.  Because, actually, it is.  What we don't have as a country is size and scale.  If we want to participate in the world, we need the world involved in what we do.  We...

The 2025 Formula 1 season is underway, kicking off this weekend with the first Grand Prix in Melbourne.  The season is set to be intense, with Lewis Hamilton in the drivers seat for Ferrari, Liam Lawson making his fully fledged debut as Max Verstappen’s new wingman at Red Bull, and McLaren looking like the team to beat.   Luke Smith has chased the sport for over a decade, currently worki...

On the Mike Hosking Breakfast Full Show Podcast for Thursday 13th of March, it's international investment day , so the big players are out to play.    Sky Sport are hiking their prices... again.   Athletic F1 writer Luke Smith is as excited as Mike about this weekend, and can't wait to kick the F1 season off in Melbourne.  Get the Mike Hosking Breakfast Full Show Podcast every...

Sky TV is hiking their prices.  A near-12% increase will come into effect for Sky Sport viewers this May.  The company says the rise in price will allow it to keep investing in local and global fixtures, and it comes as Sky fights to keep its New Zealand Rugby rights.  Octagon Asset Management Equities Analyst Paige Hennessy told Mike Hosking that while no one likes a price increase...

There’s a view that if businesses aren't on social media, they aren't being seen.  Tataki Auckland Unlimited has spent $103,000 on influencer created-content in recent years, while ChristchurchNZ's dispensed $27,000.  Neither DunedinNZ nor WellingtonNZ have jumped on the bandwagon, but won't rule out doing so if the right opportunity arose.  Tourism Industry Aotearoa Chief Executive...

The Revenue Minister's confident changes to the Foreign Investment Fund will greatly benefit tech and startup companies.  The Government's working on changes which would see new migrants taxed on a realisation basis for interests not easily disposable and acquired before coming to New Zealand.  It applies to migrants who became tax residents here on or after April last year.  Simon...

It's thought Police efforts to get back to their roots is connecting with New Zealanders.  Data from the latest Crime and Victims Survey suggests public confidence and trust has risen to 69%.  Acting Deputy Commissioner Mike Pannett told Mike Hosking there's been a concerted effort to get back to basics and ensure things are done well.  He says measures like the Community Beat progr...

A lot's riding on the Government as it opens the country up to more offshore investment.  Representatives of more than 100 foreign entities are in Auckland to eye up potential opportunities at the Infrastructure Investment Summit.   The Government's hoping for more project funding and public-private partnerships.   Chief Executive with infrastructure investor Morrison, Paul Newfield...

Housing affordability is improving, but it's not the same story for renters.  New CoreLogic data for the fourth quarter of last year shows falling property values, rising incomes and lower mortgage rates have seen affordability at its best level since pre-Covid.  It says the median home value is around seven times the median annual household income, well down from the market peak in 2021...

The US economy is in chaos as Donald Trump continues to push ahead with his tariff plan.  The US President's confirmed Australia won't be exempt from new 25% tariffs on steel and aluminium imports, and has announced 50% tariffs on Canadian steel and aluminium imports.  This is in response to Ontario's now-suspended 25% surcharge on electricity exports.  US Correspondent Richard Arno...

We should give a shout out, or at least take a few moments, to read Lyric Wairiri-Smith's account of the Treaty Principles Bill submissions.  She works for The Spinoff, and she sat through virtually all of the 80 hours of submissions and cast a series of observations by way of a “50 things I learned” list.  The 37th thing she learned was the lack of media interest.  You may recall a...

Today on Politics Wednesday, Ginny Andersen and Mark Mitchell joined Mike Hosking to delve into the latest drama surrounding the Government’s school lunch programme, the Treaty Principles Bill submissions, and the upcoming Infrastructure Investment Summit.  Representatives from some of the world's largest banks and investment firms are arriving in Auckland for the summit.  Delegates will...

On the Mike Hosking Breakfast Full Show Podcast for Wednesday 12th of March, the Government is slashing requirements , making it easier for Kiwi businesses to win Government contracts worth over $50 billion.  NZ Rugby is shaking up the junior rules with a proposal that would see kids play with smaller sides until they reach high school.  Mark Mitchell and Ginny Andersen talk school lunch...