The Mike Hosking Breakfast

Kiwibank’s CEO is hoping the Reserve Bank will hold off on raising the Official Cash Rate tomorrow.
Economists are expecting it to be held at 2.25%, with markets pricing in moves later in the year.
It comes as the economy remains flat, with inflation, housing, global tensions, and weak spending all testing resilience.
Kiwibank CEO Steve Jurkovich told Mike Hosking the economy is way too weak to cope with an increase to the OCR, as the inflation is coming from things outside of the usual set of worries.
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Netball New Zealand officially has a new CEO.
Tātaki Auckland Unlimited deputy chairwoman Jennah Wootten has been appointed to the role, taking over from interim CEO Jane Patteron in August.
Her appointment follows a troubled year for Netball NZ, including the resignation of former CEO Jennie Wyllie, the situation surrounding Silver Ferns coach Dame Noeline Taurua, and their struggles to find a new broadcast deal for the ANZ Premiership.
Wootten has plenty of experience in both the business and leadership side of things, and she told Mike Hosking they’ll be helpful in ensuring the sport and the organisation can reach its full potential.
She says there will be a focus on ensuring the grassroots game is thriving, and that the elite competition is doing incredible things, but a big focus for her coming into the role will be the commercial pressures.
And one of those pressures is broadcasting, with the current ANZ Premiership deal set to end at the end of this year.
Wootten told Hosking the Board and team at Netball NZ are working really hard to find a solution, but things aren’t yet at a place where they can be shared publicly.
“We want to make sure that we have got as many eyeballs on the sport as possible, because that helps all of us into the future.”
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This past dairy season is all-but-confirmed as record breaking but remaining at those lofty heights will be farmers' next challenge.
Rabobank expects milk supply to stay elevated into 2026-27, with farmgate prices forecast between $9.50 and $10 per kilogram.
But rising inflation could squeeze margins.
Fonterra Co-Operative Council Chair John Stevenson told Mike Hosking in terms of returns, there’s no doubt it’s a good time.
He says they’ve seen strong milk prices and Fonterra farmers have seen strong returns on their shares, but the thing to look out for are input costs, which are continuing to creep up.
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On the Mike Hosking Breakfast Full Show Podcast for Tuesday 26th of May, it's Good News Tuesday as we hear about the new energy transition scheme, the cruise ship season, and the business events industry.
Kiwibank CEO Steve Jurkovich gives us his economic state of play leading into the Budget and the OCR.
Netball NZ's new CEO Jennah Wootten explains how she plans to turn the sport around and looks at a broadcast deal.
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The first quarter of the year has seen a boom in people coming into the country for business events.
According to Stats NZ, international delegate arrivals are up 50%, with more than 16 thousand arrivals in the first quarter.
That translates to more than $54 million into the economy and often represents the first taste of New Zealand for visitors.
Business Events Industry Aotearoa CEO Lisa Hopkins told Mike Hosking numbers have now reached 96% of pre-Covid levels.
She says January was exceptional, as there were a number of big conferences during what would usually be a quieter month.
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