The Mike Hosking Breakfast

Here's a small myth-busting exercise for you – things aren't as bad as you might think.
Business sales from small and medium businesses are up and by quite a lot. They're up 21% in fact.
Why would you buy a business at a time like this?
You know why. Because life goes on and people have dreams and those dreams don’t get buffeted about by fiscal uncertainty.
There were 27,000 confidentiality agreements signed in the past year. That's a lot of agreements.
For an average of $800,000 you can buy your dream. Values are up, listings are up, demand is up (it's up more than listings), so prices are holding and the returns, multiple, is up.
So a lot of people are doing fine, thank you very much.
This is a nation of small businesses and all these numbers show is nothing changes that. Not a war, not petrol, not an election, and not the weather.
If you ran a poll and asked, "is it a good time to buy a business", like they ask, "is it a good time to buy a major household item", you know what the answer would be.
And yet life goes on.
Now, for all the New Zealand First supporters about to text me and say it's all Indians, save your 20 cents.
It isn't.
It's another myth busted. 9.7% are Indians, 15% are Asian (so that will be Chinese and Koreans, maybe Filipinos), which leaves 67% identifying as European.
So the idea this is all about migrants buying jobs is not the tsunami you thought it might be.
I think these stats are a microcosm, or a small example of the disconnect between studies, surveys, polls, politics, news headlines, and what is really going on.
The rhythm of New Zealand life gets buffeted about by issues of the day; the petrol price, the war, the spend. And why wouldn’t it?
But if you believed the polls and the stats and the national conversation, as driven by the headlines, you'd think we were at home huddled in a corner waiting for the end.
Yet we are not. We are buying businesses, planning the future, taking the risks and, God forbid, having a good time.
What a shock.
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Returning after a long and packed weekend, Andrew Saville and Jason Pine joined Mike Hosking to wrap the weekend’s sporting news.
On today’s agenda:
The success of the first Super Round at Christchurch’s One NZ Stadium and the Super Rugby Pacific results.
The looming fight between Tyson Fury and Anthony Joshua.
Plus, Sebastian Sawe has become the first man to run a marathon in under two hours and they touched on the NFL draft.
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On the Mike Hosking Breakfast Full Show Podcast for Tuesday 28th of April, Trade Minister Todd McClay called in from India to discuss the signing of the FTA, and King Charles has touched down in the US in the wake of an attempted assassination over the weekend.
The PM was in after a short week to talk the India trade deal, our fuel supplies, ACT’s displeasure with the major events fund, and the stoush with TVNZ.
And Andrew Saville and Jason Pine discussed a successful sporting weekend at One NZ Stadium, the Warriors, and the Government’s decision not to fund the SailGP next year.
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New Zealand’s look seems set to change.
A new report from Koi Tū Centre for Informed Futures predicts New Zealand's population could look very different in the coming years.
It expects there to be fewer births, emptying of rural centres, and more Asian people than New Zealand Europeans in Auckland.
Co-author and Emeritus Professor Paul Spoonley told Mike Hosking they don’t want to catastrophise, but these changes will come so we need to discuss it and make appropriate policy decisions.
He says an adult conversation needs to be had about immigration, as it’s increasingly becoming the major factor in population growth and labour supply in New Zealand.
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The Trade Minister says there won't be any unpleasant surprises in the final text of our free trade agreement with India.
The deal is due to be tabled in Parliament today after Todd McClay signed it in New Delhi overnight.
New Zealand First has concerns over what it means for immigration, while Labour's concerned about potential requirements for investing in India.
McClay told Mike Hosking there's no reason for any concerns.
He says this is a high-quality deal, they've been open with the public, and he feels like Labour have been through the deal more than his lawyers have.
McClay says it’s more than just an economic and trade agreement – it's also about our strategic relationship and our cultural and sporting connection.
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