Mark the Week: The GDP figure was the icing on the rotten economic cake
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. Farmer confidence: 8/10 In an economic world of woe, it's good to see a decent chunk of people doing well and enjoying it. GDP: 2/10 Sort of the turgid, rank, icing on the rotten economic cake. How does a Reserve Bank not see a contraction of that size? Eden Park: 7/10 Best news of the week as reality finally arrived in suburban Auckland. Have a massive facility and actually use it? How novel. Shane Jones: 6/10 Didn’t we already think he was the deputy? Jimmy Kimmel: 3/10 If they stuck with being light and entertaining, not angsty and angry, they might not be getting yanked off air or sacked. Benjamin Doyle: 2/10 What a hapless, self-aggrandising waste of time. The Greens have got a massive credibility issue when it comes to candidate selection. LISTEN ABOVE FOR MIKE HOSKING'S FULL WEEK IN REVIEW See omnystudio.com/listener for privacy information.
--------
3:33
--------
3:33
Mike's Minute: Who from the Reserve Bank will be held accountable?
Was this the final nail in the Adrian Orr coffin? Can we add Christian Hawkesby and the entire monetary policy committee? After all, it's easy to blame a governor, but it’s a committee that votes on what to do with the cash rate. After the famed Q2 finished (remember April, May and June), we come to the next committee decision in July. Orr is gone, Hawkesby is up, and they have just witnessed the previous three months. And what do they do? Nothing. No change. They held. Why? Because they felt things were in hand. They also said the economy would contract 0.3%. Yesterday came the proof that it's hard, when you are actually paid as a so-called expert, to get it more wrong than they did. We all felt it and knew it. Most of us wouldn't have been able to put a number round it like the banks have to, but most of us don’t have the data they have access to. But what we all knew was it was bad, it was tight, it was ugly, and it wasn’t going in the right direction. But the gap between -0.3% and -0.9% is inexcusable. The same way it is inexcusable to stand there in July and tell us more stimulus wasn’t needed. At some point someone has to be held to account. Yes, Orr is gone, but only because he packed a sad. Yes, Quigley is gone, but only because he got found out. No one has actually been held to account for a spectacular failure to do the job. Why are the Monetary Policy Committee members still in work? How many of them are there because of their so-called "expertise" versus being appointed for the so-called “right” reasons? Results count. Facts matter. And here is the issue for the Government: as the poll showed us this week, a lot of New Zealanders blame the Government for the economy. They have been let down in no small part by the Reserve Bank and when the Prime Minister the other week on this show fired off a bit of advice, all the pointy heads wrote op-eds whining about independence. Independence is fine. But not if you're useless. See omnystudio.com/listener for privacy information.
--------
1:55
--------
1:55
Wrapping the Week with Kate Hawkesby and Tim Wilson: Programme pop quiz and school holiday plans
It’s Friday so Kate Hawkesby and Tim Wilson are back with Mike Hosking to Wrap the Week that Was. Mike decided to end the week with another pop quiz – this time on things that were covered on the programme this morning. Kate was not enthused. Plus the school holidays are coming up, so they had to touch on everyone’s plans. LISTEN ABOVE See omnystudio.com/listener for privacy information.
--------
11:00
--------
11:00
Full Show Podcast: 19 September 2025
On the Mike Hosking Breakfast Full Show Podcast for Friday 19th of September, Sir John Key has some advice for Finance Minister Nicola Willis, who has some tough questions to answer after that Q2 GDP result. The Government is flying the flag for the wool industry in China. Kate Hawkesby and Tim Wilson take a pop quiz and discuss school holidays plans as they Wrap the Week. 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.
--------
1:29:10
--------
1:29:10
Dr Farah Palmer: Former Black Ferns Captain previews the Rugby World Cup semi-final clash against Canada
We’re in the business end of the Women’s Rugby World Cup, but a former Black Ferns captain is warning against getting cocky. The Black Ferns have made light work of Spain, Japan, Ireland, and South Africa, leading them to the semi-finals. Saturday morning will see them face off against the World No 2 team – Canada. Former Captain Dr Farah Palmer told Mike Hosking that although it’s likely we’ll make it through and face England in the final, she wouldn’t take Canada lightly. She says the last time we played Canada was a draw, and the time before that was a loss, so we need to focus on Canada first, not the finals. LISTEN ABOVE See omnystudio.com/listener for privacy information.
Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more.The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.
New Zealand