The Mike Hosking Breakfast

So let me get this right, just so we know where we’re at.
The Labour Party —who, I'm assuming, still want to be taken seriously this election— have had a major issue up to this point.
They have no policies.
The one policy they do have is a new tax, and the money from that new tax will pay for all of us to go to the doctor three times.
Even though a lot of us —to be frank, probably most of us— don’t actually need the state to pay for a doctor’s visit.
Their other policy we sort of knew about was the Future Fund.
It would contain SOEs, whose dividends would go into it to create jobs and grow the economy.
Update on the Future Fund: we aren’t going to know about that until after the election. The good news is they’re not winning the election, so it sort of doesn’t matter.
But they will make it even harder to have a crack at winning the election now, given voters sort of want to know what stuff costs, especially large stuff.
Further trouble is that the hold-up is they need advice on "Treaty obligations".
That’s right, bogged down yet again in matters Māori.
Originally, they told us the SOEs involved were commercially sensitive, now it’s Treaty troubles.
Previously, Chris Hipkins said this fund would create jobs. Yesterday, Barbara Edmonds didn’t know how many because that would depend on what the fund invested in, which SOEs were in the fund, and what advice they got around Treaty obligations.
So no job stats, no cost stats, no real detail on who’s in and who isn’t on what they call one of their cornerstone policies.
So no policies, until there is a policy. But it’s sort of a secret policy that, if you vote for us, we’ll tell you about after the election.
Small question at this point: do they honestly believe we are that stupid? That this is any sort of way to conduct an election campaign? That this is any sort of excuse this close to an election?
Are they smarter than we think and this is basically their white flag, because they don’t want to be in Government anyway?
Part of what haunts them from last time is their inability to actually do anything apart from spray money.
They talk. They don’t do.
Three years on they have clearly learned nothing.
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Donald Trump's warning further attacks on Iran are still possible, despite backing down this week.
The US President called off the strikes after requests from Qatar, Saudi Arabia, and the UAE.
He says officials are still locked in negotiations with Iran, and he claims Democrats are trying to stop him.
US Correspondent Richard Arnold told Mike Hosking this is the sixth time Trump has been on the verge of initiating military strikes and has pulled back.
He says it comes amid word Iran’s Foreign Minister met with Pakistan’s Interior Minister and they claim there’s diplomatic progress.
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It’s been a busy start to the week, and Mark Mitchell and Ginny Andersen are back with Mike Hosking to delve into some of the biggest political stories so far on Politics Wednesday.
They discussed Labour’s Future Fund policy, which is light on the details, Winston Peters’ idea to buy back BNZ, and the Government’s cuts to and plans for the public service.
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New Zealand is up against some quality competition in the first stage of the America’s Cup cycle.
This weekend sees the Italian island of Sardina host the first preliminary regatta, with eight boats set to take to the water.
Team NZ, Britian’s GB1, and Italian hosts Luna Rossa have sent both their main teams and a combined Women’s and Youth boat to compete, alongside crews from Switzerland’s Alinghi and French entry La Roche-Posay Racing.
Team NZ CEO Grant Dalton told Mike Hosking that it’s difficult to tell at this stage, but Luna Rossa is likely to be a force to be reckoned with.
He says the other teams are quite light, but the Italian team has the most milage in the water at the moment and plenty of talent.
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On the Mike Hosking Breakfast Full Show Podcast for Wednesday 20th of May, Finance Minister Nicola Willis unpacks the public service cuts and we hear from the head of Commonwealth Sport as Auckland hosts the Oceania National Olympic Committees’ General Assembly.
Team NZ CEO Grant Dalton joins out of Sardinia as the America's Cup officially gets underway.
And Ginny Andersen and Mark Mitchell discuss the lack of details in Labour's Future Fund and Winston Peters' idea for BNZ on Politics Wednesday.
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