The Mike Hosking Breakfast

The Public Services Commissioner Sir Brian Roche is keeping focused on the push for a deal with the thousands of health, education, and public sector strikers.  Thousands downed tools across the country yesterday, taking to the streets demanding better pay and working conditions.  Roche told Mike Hosking he wasn't moved by yesterday's scenes, adding they saw what was expected and people got it our of their systems. He says it's now time to get back to the negotiating table, and find a solution as New Zealanders deserve better.  LISTEN ABOVESee omnystudio.com/listener for privacy information.

New Zealand's economy could look to benefit from Fonterra’s proposed sale. The proposed sale of Anchor and Mainland brands to French company Lactalis could unlock around 4.5 billion in additional spending. ASB Chief Economist Nick Tuffley says they estimate around 60 percent of shareholding farms could receive at least 200-thousand dollars. He says the likely pay out would happen in the first half of next year, so after then,  the impacts on farm investments or consumer spending would be seen. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Ah the lament. Poor, old RNZ's obituary of the climate-related disclosures (CRD) makes you weep. "New Zealand guts climate policy it bragged about to the world". That's their headline. What's misleading about the headline is the Government who “gutted” it isn't the Government who bragged about it. As for the gutting and the world leading - "world leading" in what sense? We were simply the first to the line with a pointless idea. The first country, if you believe it, was the previous Government that made it increasingly hard to get foreign money invested in the country because they had just produced another hurdle. It included all banks, insurers and listed companies - what for? It's very labour to just rope everyone in whether its relevant or not. Why didn’t they make us all write climate reports? We all have a footprint. Airlines? Sure, they have a lot of emissions. Tell us about them in your annual report. Issues for insurance companies? Surely they would have done it anyway, given that’s their business? But Turners, as in cars and Tina, raised relevant issues; 1) It wasn’t similar to Australia, 2) They opened themselves up to prosecution, 3) It cost a fortune to get someone to write all the mumbo jumbo that for many companies wasn’t remotely necessary. Even MBIE wrote a report saying the costs of all this nonsense were prohibitive. But don't worry - as long as we are "world leading"! What Labour never understood, and I doubt they do now, is putting the cost of business up is counter productive. Having our competitors outpace us because we are bogged down is counter productive. Even if we all wrote glorious page after page after page about our footprints and climate intent, what difference did any of it make to the environment? What got changed? Or saved? Or solved? The tragedy was too much of the media got sucked in, and clearly still does, to the “feels”. All you had to say was "look, it's a world first! A climate world first!" And you had them hook, line and sinker. LISTEN ABOVESee omnystudio.com/listener for privacy information.

On the Mike Hosking Breakfast Full Show Podcast for Thursday the 23rd of October, deputy Prime Minister David Seymour takes questions on the mega strike today. The European Union Ambassador to New Zealand Lawrence Meredith talks a new business summit to explore more FTA options with the EU. New Air NZ CEO Nikhil Ravishankar gives his first interview as CEO and details how he will handle the top job and turn the airline around. Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts.See omnystudio.com/listener for privacy information.

In the North Island, Red Wind Warnings are in place for Wellington and southern Wairarapa. There are extensive public transport and flight cancellations. Air New Zealand says it's already cancelled almost 100 flights today. CEO Nikhil Ravishankar says told Mike Hosking that it will only operate flights if it's safe to do so. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Auckland's playing host to a landmark business summit between New Zealand and the European Union. Minister of Trade and Investment Todd McClay will meet with senior European Commissioner Maroš Šefčovič and 400 top business and political leaders. It's the first high-level business summit between New Zealand and the EU. EU Ambassador to New Zealand, Lawrence Meredith says there are plenty of meaty issues on the table. He says Agritech is definitely on the agenda, along with infrastructure. Meredith says they'll also discuss investment in areas like clean tech, deep tech and AI, and aerospace and defence. LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Government has released a new energy plan.  The 'Wood Energy Strategy and Action Plan' aims to fire up the bioenergy sector. The strategy claims would energy could replace 40% of fossil-fuelled process heat by 2050, displacing 300,000 tonnes of coal at Huntly.  Executive officer of bioenergy association Brian Cox told Mike Hosking that 'what the government did yesterday is a little step in the way, but we've got to do a lot more.'See omnystudio.com/listener for privacy information.

Zespri have won a legal battle on the intellectual property front.  They won a legal battle in Chinese courts against two defendants involved in the unauthorised production, sale, and marketing of their 'GOLD3' Kiwifruit. Zespri CEO Jason Te Brake told Mike Hosking that China are getting better at protecting intellectual property rights.  'It really does show that China is starting to move around protecting IP rights, not only for trademarks, but also plant variety rights.' LISTEN ABOVESee omnystudio.com/listener for privacy information.

The final farewell for former Prime Minister takes place today.  His funeral is being held at his local Catholic parish in Kapiti today at 11am, and thousands are expected to attend. Bolger served as Prime Minister from 1990 to 1997, and passed away last week aged 90.  Sir Don McKinnon served as Deputy Prime Minister to Bolger, and joined Mike Hosking to pay tribute to Bolger and his legacy.See omnystudio.com/listener for privacy information.

The Deputy Prime Minister says health and education unions need to be realistic about their pay demands. Tens of thousands of workers across health and education are walking off the job today today in their fight for better pay and conditions. It could be the largest strike action in the country in a generation, but a number of events are expected to be affected by the weather. David Seymour told Mike Hosking that there isn't a single member of the Cabinet who wouldn't like to pay nurses, doctors and teachers more, if they could. He says there seems to be a disconnect between what some of these unions are demanding, and the reality most New Zealanders are actually facing. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Our default to futility worries me. It's the same sort of thing as the "No Kings" march over the weekend in America. What actually is the point of waving placards, or in the "burn the bill" case, lighting fires on beaches? The bill they want to burn is the Marine and Coastal Area Amendment bill. The amendment part is the bit where it is being returned to what it was a few years back. It got messed with in court, given the courts are increasingly interventionist, and all that is happening is the law is being returned to what it was. And what it was is, have you had ongoing access to the bit of water or coastline since the 1800's? If you haven't, you might not have an argument. It is of course all angsty because it's race-based. David Seymour calls the lighting of fires on the beach "unenlightened" and "anti-intellectual". He is a mixture of right and, I suspect, slightly antagonistic. But here is my question - to what point? To what end? I get that there are those who are exercised and don’t like it, fair enough. But guess what? Lighting a fire at a beach isn't going to change it. The petition, because they had one of those too, had 20,000 signatures. That’s not even a big petition. 76,000 signed one to stop me hosting the election debates on TV in 2017. If 76,000 doesn’t stop a TV host then 20,000 doesn’t stop a law. Trump won the election in America easily. He is doing nothing he said he wouldn’t do. It's as mad and unhinged as his biggest critic feared, but he is doing it because he has the support of enough people to do it. The same way this Government is amending a law because they said they would and they won the election. We must always retain the right to protest, unless its over the Auckland Harbour Bridge. But that’s about geographics, not rights. But protest loses, and has lost, a lot of its impact because it's become a habit. It’s a default. It’s the pastime of the bored and obsessed. It's become a cottage industry. If we put the same energy into productive outcomes then this country could be amazing. So you lit a fire on a beach last night - how did that work out for you? LISTEN ABOVESee omnystudio.com/listener for privacy information.

On the Mike Hosking Breakfast Full Show Podcast for Wednesday the 22nd of October, the foreshore and seabed law change has passed and the Government has smashed their youth offending target four years early - completing two things they said they'd do. The debate is back about whether you should be leaving your KiwiSaver alone until retirement or getting it out for a house deposit. Mark Mitchell and Ginny Andersen talk Labour's first election cycle policy, Netball NZ and Mark's discussions with them and why Duncan Webb is retiring. Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVESee omnystudio.com/listener for privacy information.

The number of complaints going to the Office of the Ombudsman is soaring to record heights. Its annual report finds more than eight thousand Official information complaints - a 30 percent increase. The office also received 278 protected disclosures under the whistleblower law - up 26 percent. Chief Ombudsman John Allen told Mike Hosking OIAs are an attractive option for people trying to raise issues with the Government. He says public confidence in Government generally is on the decline and people are under a huge amount of pressure with cost of living.  LISTEN ABOVESee omnystudio.com/listener for privacy information.

A new report reveals the importance of contributing to Kiwisaver after buying a first home.  The Retirement Expenditure Guidelines from Massey University and Fin-Ed Centre suggests Kiwisaver is great for funding retirement - if utilised correctly. It finds a modest retirement goal can be reached by age 65 even after withdrawing funds for a first-home at 35.  But report author Associate Professor Claire Matthews says there is an emphasis on using it for a home. LISTEN ABOVE See omnystudio.com/listener for privacy information.

Knowledge of tougher consequences is thought to be keeping more young people away from crime.  The Government has achieved its goal of a 15% reduction in serious and persistent youth offenders - four years early.  Children's Minister Karen Chhour says it's partially down to young people believing they can't avoid accountability for their actions.  LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Treaty Negotiations Minister's standing by amendments to foreshore and seabed legislation, which has passed its third reading.  The aim of the Government's Marine and Coastal Areas Act amendments was to restore the legislation to its original intent. But it's been criticised for making it harder for Māori to gain customary marine titles. Treaty Negotiations Minister and Justice Minister Paul Goldsmith told Mike Hosking most New Zealanders recognise balance is needed in accessing these resources. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Alliance has reached a $270million deal with Dawn Meats.  2,600 farmer-shareholders voted 87% in favour of selling 65% of the company arm to the Irish-backed company.  The new investment is expected to strengthen Alliance’s balance sheet, pay down debt and enable greater capital growth.   Spokesperson for Alliance shareholders Jeff Grant told Mike Hosking that ‘The company was forced into a position of having to find new equity.’  LISTEN ABOVESee omnystudio.com/listener for privacy information.

Praise for the Government's loosening of climate reporting rules. It's proposing to lift the climate reporting threshold for listed companies worth 60 million dollars to one billion. The changes would also see directors no longer have personal responsibility if their company breaks climate reporting rules. NZX Sustainability Manager Simon Beattie told Mike Hosking that they're common sense changes. LISTEN ABOVESee omnystudio.com/listener for privacy information.

It seems the labour party has not learned a thing about running a country. Their first policy for next years vote is out, so congrats on that. The first cab off the rank is a wealth fund. The idea is not necessarily a bad one. You take money from dividends and distribute it out about the place to create jobs. The obvious questions though …were not answered. How much does it cost? …don't know. What industries or entities or businesses are involved? …don’t know. How many jobs will it create? …don't know. Who decides who gets what? …don’t know. Those are the specific  faults in what really is just a very broad brush sort of thought bubble. The more pressing issue economically comes in the form of a simple truth. And the simple truth is, given you haven't magicked up the money it has come from a business, lets say it’s a power company, the company pays the government a dividend...that already happens...currently that dividend goes into the consolidated fund i.e. the government's coffers. That money pays bills, currently one of the biggest bills is the interest on our debt. That bill is getting close to 10 billion dollars a year. Now if you aren't using the dividend money to pay bills because you have siphoned it off to pay for your wealth fund, where is the money for the bills going to come from? At all points you only ever have a finite amount of money. If some of those dollars go one way, they cant go another. And unless you can explain  how you cover the gap, you are merely prioritising one thing over another. Its like increasing the car payment, but doing it by paying less on the mortgage Which in this case brings in labours attitude to debt. Given they are the ones who dug our current debt hole, It looks like they still haven't worked out that it wasn’t a very smart move. If they are to stand a chance next year, they will need to sharpen their policy act up considerably to something a lot better refined than some blue sky psycho babble. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Listen to the Mike Hosking Breakfast Full Show Podcast for Tuesday 21 October. Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts.See omnystudio.com/listener for privacy information.

The Armageddon Expo is taking place this weekend in Auckland.   Several actors such as Elijah Wood, Andy Serkis and John Boyega will be attending the convention, along with voice actor Alan Tudyk.   Alan Tudyk told Mike Hosking that his knack for voice acting came from a play, where he played 20 different characters.   LISTEN ABOVESee omnystudio.com/listener for privacy information.

New Zealand's first sports school will open next year, in a partnership with Wellington Phoenix. The New Zealand Performance Academy in Upper Hutt will operate as a charter school for serious aspiring sportspeople. The academy will initially offer elite football training alongside the Wellington Phoenix Academy, as well as rugby training. Other sports will be added over time. The school will teach a nationally recognised curriculum along with key skills such as leadership, mental health and nutrition. LISTEN ABOVESee omnystudio.com/listener for privacy information.

The country's second-largest electricity gentailer says rising electricity prices are the result of rising lines charges. Inflation's now back up at three-percent. The single biggest driver is electricity prices - which have increased 11.3 percent in the past year. Contact Energy Chief Executive Mike Fuge says electricity firms are having to pass on the fixed lines charges that cover the cost of infrastructure. He says they rose by about 20-percent last year and about 16-percent this year. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Experts now say it's unlikely the jewels, most recently stolen from the Louvre will ever be seen again. The thieves rode a basket lift up the museum's facade, forced a window and fled with France's Crown and Napoleonic jewels - in just seven minutes.  The museum had just opened on Sunday - local time. Newstalk ZB's Paris correspondent Catherine Field says it's already been 24 hours, and authorities have no idea who they're looking for. LISTEN ABOVESee omnystudio.com/listener for privacy information.

A balancing act is underway to decide which Roads of National Significance will begin construction next.  The Government's funnelling $1.2billion into the programme's 17 projects - which includes highway sections in Northland, Nelson, Hamilton, and Wellington. Transport Minister Chris Bishop told Mike Hosking they're now going through a prioritisation exercise as a Government.  He says they have all the investment cases, and they're working out a rough order of sequence.  Bishop says they can't build them all at once, noting they want to ensure a regional spread.  LISTEN ABOVESee omnystudio.com/listener for privacy information.

There are concerns that Labour's trying to fix a capital problem that kiwis don't have.  The party's pitching a $200million Future Fund that re-invests dividends from specified Crown assets,  into businesses and infrastructure projects. It'll invest solely in local projects.  Icehouse Ventures CEO Robbie Paul told Mike Hosking the policy is agreeable and directionally correct,  but wonders if there's a gap in the capital market.  LISTEN ABOVESee omnystudio.com/listener for privacy information.

Listen to the Mike Hosking Breakfast Full Show Podcast for Monday 20 October. Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts.See omnystudio.com/listener for privacy information.

Jason Pine and Andrew Saville join Mike Hosking this morning to discuss the weekend's sports. On the table today: The US Grand Prix is underway, and Liam Lawson is sitting in 11th.  The LA Dodger's Japanese superstar continues to impress. And the NPC final, who's taking home the trophy? LISTEN ABOVESee omnystudio.com/listener for privacy information.

Experts say policy changes are needed to cut New Zealand's skin cancer rates.  A new Public Health Communication Centre report calls for more mandatory shade, a ban on commercial sunbeds and mandatory product standards for sunglasses and clothing.  Lead Author Dr Bronwen McNoe says 500 people a year die of skin cancer and around 100-thousand people are diagnosed.  She says a survey shows kiwis are on board with the measures.  McNoe says between 80 and 90 percent of people agreed for the need for policy changes and investment.  LISTEN ABOVESee omnystudio.com/listener for privacy information.

Chris Luxon says the Government would pay teachers and doctors more, if it could. Tens of thousands of education and health workers will walk of the job, in a massive super-strike on Thursday. They're wanting pay rises to keep up with inflation. But the Prime Minister told Mike Hosking the Government is dealing with a limited budget. He says if New Zealand was a wealthier economy, like Ireland, it could afford to pay its people more. LISTEN ABOVESee omnystudio.com/listener for privacy information.

The US is preparing to continue pushing through its peace deal in Gaza, as both sides accuse each other of violating the ceasefire. Israel's struck dozens of targets in southern Gaza, in response to Hamas allegedly firing upon IDF troops. The delivery of aid has also been halted over the alleged violation. CBS correspondent Linda Gradstein says a delegation including the US Vice President JD Vance is expected to arrive in Israel tomorrow to push through the next stage of the deal. LISTEN ABOVESee omnystudio.com/listener for privacy information.

The government is looking to sell New Zealand's mineral resources on the Global stage.  Minister Shane Jones is heading to Australia and the US to promote investment and growth.  Oceana Gold Senior Vice President Alison Paul told Mike Hosking that the Fast Track programme has been successful in getting mining operations to break ground.  "We've got a project in that process that comes to a decision before Christmas, and for us it's been a good experience." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Another spike in inflation won't stop the Reserve Bank from cutting the Official Cash Rate again next month. Stats NZ is providing its latest quarterly CPI update at 10.45. Most economists expect it to hit the Reserve Bank's upper limit of three-percent, and some think it will surpass that limit. But Westpac Chief Economist Kelly Eckhold told Mike Hosking the Reserve Bank still thinks the economy's weak enough to start pushing inflation down. He says even the Reserve Bank probably won't be too bothered, even if inflation surpasses the three-percent limit. LISTEN ABOVESee 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. Matt Payne: 9/10 Highlight of the week. Didn’t just win but won one of the best. Dreams coming true at 280km/h doesn’t get any better than that. The ceasefire: 8/10 The rest is yet to unfold but Tuesday was a win for a lot of people. Gail Parata: 8/10 My hero of the week. Standing on principal and speaking out is increasingly rare these days. Good on her. The BSA: 2/10 Interventionist, sticky beak, trying it on, full of their own self importance - pick a term. The cold, hard truth is very few in broadcasting give a monkeys, given their irrelevancy. Brian Tamaki: 8/10 Got turned down on closing the Auckland Harbour Bridge. Good. The bridge is for transport, not politics. LISTEN ABOVE FOR MIKE HOSKING'S FULL WEEK IN REVIEWSee omnystudio.com/listener for privacy information.

On the Mike Hosking Breakfast Full Show Podcast for Friday the 17th of October, the online censorship mess is back involving the Mowbrays and false allegations. Just how do you deal with it when social media goes feral? England cricket coach Brendon McCullum joins Mike to talk his time with the team ahead of their series against the Black Caps - before the big Ashes tour next month. Kate Hawkesby and Tim Wilson wrap the week, discuss Brendon McCullum's alleged dislike of Mike and Kate has a bone to pick with her husband too! Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts.See omnystudio.com/listener for privacy information.

Dr Hosking would diagnose a kind of "funk" as a result of observations this week. There's been two very clear examples these past few days of good news, of uplifting events and of indisputable progress. Yet for too many it was not a reason to acknowledge, or accept, or congratulate, but rather moan a bit more or find a reason as to why it can't be so. The most obvious was the ceasefire and hostage-come-prisoner swap. As I said, peace in the Middle East is only ever temporary, but the bit we witnessed Tuesday is an indisputable win and, for now, there was much and is much to be celebrated. Yet the main character, the U.S president, for some was not to be thanked or recognised. The Green Party here went as far to suggest we actively don’t acknowledge him. They argued the tireless ground operators i.e them and the people who wore the scarves and held the press conferences, were somehow more responsible. So there's a mix there of complete delusion and lack of grace. There were no shortage of obsessives who contacted me raging about the Palestinian treatment and supposedly pro-Israeli coverage. Even a ceasefire, for some, is a reason to pick holes above celebration and/or relief. Then we could to education. There's been very clear, specific and indisputable progress in phonics, as well as English and maths in our primary schools. We changed it up and it works. But, no. There's been a lot of push back on that too. "It's only a small sample so how do we know for sure", they say. A number of interviews on this station with unions, principals and teachers being about as reluctant as you can get, possibly acknowledge we might be onto something. But let's see, let me dial up the scepticism just a bit. Heaven forbid you catch me being enthusiastic. The hospitality sector had record income. "Oh but Mike that’s not profit. What about the bills?" Yes, yes, yes, I get it. But I will tell you this for nothing - when the good news arrives, if you can't see it, or worse, don’t want to see it, you are destined for a life and existence of misery, woe and myopia. Has the nations funk set in? Has dour replaced rugby as the national past time? Good grace is not that hard. Sometimes the news is good. Sometimes the outlook is better. Sometimes the future is bright. Give it a go. It won't kill you. LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Black Caps are headed to Hagley Oval to take on England in the first of 3 T20 games.  Former Black Cap and current Head Coach of England Brendon McCullum told Mike Hosking that he is happy with his new career in the UK, but is excited to be home for the game.  "So yeah, very privileged to be in the position I'm in, especially not being out of playing too long to pick up this job and and get to work with these guys, It's been a real pleasure." LISTEN HERE See omnystudio.com/listener for privacy information.

There are fears that inflation could come back into the picture as the OCR falls.  Infometrics expects the OCR to fall to 2.25% next month - it's 2.5% at the moment.  Infometrics Chief Forecaster Gareth Kiernan says they expect to see growth hit 2.3% annual growth in 2027.  He says alongside stoking inflation, it could create other problems.  Kiernan says it risks stretching capacity in the construction and infrastructure sector.  LISTEN ABOVESee omnystudio.com/listener for privacy information.

Issues around potential defamatory claims on social media are in the spotlight - after false accusations against a Kiwi richlister.  Mat Mowbray's been incorrectly named on Tiktok as the member of a wealthy family convicted of having child abuse material.  The real person convicted has permanent name suppression.  Auckland University Senior Law Lecturer Nikki Chamberlain says false rumours on social media are a real problem. She told Mike Hosking platforms do have time to respond to complaints.  Chamberlain says the horse has already bolted to some extent, because it's been up for a period and shared by various people.  LISTEN ABOVESee omnystudio.com/listener for privacy information.

The government has announced a climate adaptation plan to help handle floods, cyclones, and other natural disasters.   Councils will now have to draw up 30-year plans, and a national flood map is due in 2027.  Climate change minister Simon Watts told Mike Hosking that the current system lacks a coordinated approach to respond to natural hazards.   “We don't have good data to make decisions, we don't have clear roles and responsibilities...we don't have a clear framework to deal with that reality.”  LISTEN ABOVE See omnystudio.com/listener for privacy information.

In one of life’s small ironies as the teachers spend another week immersed in industrial action, I got an email yesterday from a bloke who was taught by my mother in the ’90s. My mum was a teacher. I’m pretty sure she never went on strike. I certainly don’t remember a picket line, a placard, or days at home when I was a kid. In fact, even as a student, I don’t remember having a day off school because of strikes. I do remember a lot of kids in the class — one of today’s great complaints — wasn’t an issue then. Or if it was, we still got on with it. I also remember we didn’t have a lot at home. Given teachers didn’t get paid all that much — didn’t then, sort of don’t now — but you have to say, many a teacher these days is earning a six-figure salary. So we’ve reached a point where at least some are pretty well rewarded. Anyway, the email. Out of the blue, he writes and tells me he was taught by my mum, who had inspired him into teaching — which is where he is now. He’s back in the old hometown for a week or so and was hoping to catch up with Mum so he could buy her a coffee and thank her for her inspiration. And that, to me, is the essence of teaching. You were in it for the right reasons, and as a result, you were passionate about what you did. And because of that passion, it rubbed off on some of those around you. It’s not a bad thing, don’t you think — to think back 30-odd years and remember why you’re doing what you do, and pin it, in part, down to a single person or motivation. And then, having done that, reach out and want to in some way pay it back. How many teachers today do it for the right reasons — are genuinely passionate and want others to carry the torch? How many know the pay is never great, but that’s not why you do it? How many on the picket line, out of the classroom today, will get an email in 30 years’ time thanking them for their hard work and wanting to acknowledge the influence? LISTEN ABOVESee omnystudio.com/listener for privacy information.

The rock band Good Charlotte has announced a tour down under ahead of the release of their new album. After five albums, the band split up in 2011 but decided they weren’t done – coming back after four years and dropping more albums, including one this year in August called Motel du Cap. Joel and Benji Madden told Mike Hosking that they didn’t know how the record would turn out, and didn’t have any set plans to release it. ‘We were like, let's just make the record and then we'll see what we got. And then we'll figure out what we should do with it.’ LISTEN ABOVESee omnystudio.com/listener for privacy information.

Listen to the Mike Hosking Breakfast Full Show Podcast for Thursday 16 October. Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts.See omnystudio.com/listener for privacy information.

One of the great myths of the modern economy is the idea that young people can't afford a house. Now, the facts are that for every house sold, about a quarter of them, sometimes a little bit more, about 27% are in fact first-timers. That figure has been remarkably solid over any number of years in any type of market. Can it be expensive? Yes. Do some people miss out? Yes. Are some areas better or worse than others? Yes. But in a world where the negative sells, if you can convince people that the young are victims, it can become very political very fast. Of course, no government can manipulate the market, and for all the governments that are promised a solution, it more often than not ends and tears. And for every lever you pull, there is a counter reaction elsewhere, which is why it is often best to leave the market to its own devices. Australia though is dabbling in housing as we speak. The latest scheme involves getting first buyers or first time buyers into their own place with a 5% deposit. Any first timer, any salary. Personally, I've always liked the idea of getting, young people into housing, easier entry, the better often the real impediment, and it's true here, of course, is not the mortgage, but the down payment. I mean, 20% of a million bucks, which is basically the equation in a lot of New Zealand is $200,000. That's a mountain for most and an insurmountable one. Even $100,000 is hard work, but what about 50? $50,000 5%, that's not hard. Small town New Zealand, you go to a cheaper place. $600,000 house, $30,000. That's doable. That's your average Kiwi saver. Why aren't we doing that? Do you lose on housing? Really? Is it a good long-term investment? Yes. In Australia, they kept the price to a first home type level. So for example, at the moment in Sydney, it's 1.5 million less in Melbourne, but what it will do is get more people into houses. Do people want that? Yes, they do. The Reserve Bank worries about a price surge, but this is being done ironically in the middle of a price surge. Australian housing is often running. The debate about affordability is raging hot, and yet the government is all for it. And note, it's a labour government. So what about us? Does our housing market need a boost? Yes, it does. The first timers need a leg up, see? What's stopping us? LISTEN ABOVESee omnystudio.com/listener for privacy information.

The new owners of the Cardrona Hotel jumped on the investment to keep it in Kiwi hands. Central Otago's 162-year-old heritage-listed hotel and restaurant has sold, after being on the market since July. Wanaka local, Warren Barclay, will run the business - and says the new owners are high net worth Kiwis and good sorts who see potential. He says business is solid and we don't want to do anything that changes that.  LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Broadcasting Standards Authority (BSA) has issued a provisional decision claiming jurisdiction over a complaint about an online radio show.  They said that the complaint fits their formal definition and requirements, meaning that they have to act.   Chief Executive of the Broadcasting Standards Authority Stacey Wood told Mike Hosking that the BSA had long been debating expanding the boundaries of their jurisdiction.   ‘Transmission of a programme by means of telecommunication includes the internet.’  LISTEN ABOVESee omnystudio.com/listener for privacy information.

A former Prime Minister's backing the view that large-scale government housing ownership like Kainga Ora is problematic. A report by The New Zealand Initiative finds the Government's ownership of 77,000 state houses, has maintenance costs nearly twice that of a private landlord. It finds it also doesn't respond quickly enough to issues like rent arrears, and troublesome tenants. Sir Bill English told Mike Hosking his independent review panel into the agency found similar issues. He says the point of social housing is to improve the lives of the tenants, so it means focusing on the people,  and who owns the houses,  is less important. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Health Minister Simeon Brown's bracing for tension at a meeting with 200 senior doctors, ahead of strike action.  Their walkout - after rejecting a $160million pay offer - will see 6,300 elective procedures cancelled, and almost 13,000 specialists assessments delayed.  Brown's slamming what he says is unethical, and a case of politics over patients.  He told Mike Hosking that the unions haven't been acting in good faith.  LISTEN ABOVESee omnystudio.com/listener for privacy information.

It's thought that the aviation sector is over capitalising - as New Zealand's domestic airfares have shot up more quickly than any other country.   A global airport group says domestic airfares are up 63% in six years, and are well ahead of the second-highest, up 53%. Air New Zealand's Chief customer and digital officer Jeremy O'Brien told Mike Hosking that accelerated inflation is effecting the industry.  He says we're a reasonably small country with long distances to fly. O'Brien says in many cases the industry is over-capitalising, which then impacts the sustainability of the market. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Most stories need a hero, and Gail Parata might fit the role in this netball mess.  Or is it now a scandal?  Gail Parata has resigned as a national netball selector and in doing so has gone out guns blazing and, because of that, has given the rest of us a decent insight into what a shambles the Dame Noeline Taurua story really is.  This thing is now weeks old since she got stood down.  The story and the incidents go back, apparently, to a camp in summer.  Taurua's treatment, writes Parata on social media, sends a chilling message to every coach in the country.  The coaching profession's voice has been sidelined. Even the most successful, world class coaches are now dispensable.  The very essence of coaching, relationships, trust and lived experience no longer seems to hold weight with those making decisions.  She's on a roll at this point, God bless her. Who, she asks, would step into a role now knowing that one complaint, one misinterpretation or one moment taken out of context could end your career?  The value of this, quite apart from the fact it’s the first time as far as I know we have heard from a so called third party, is that the so-called "third party" seems to infer what we all suspect.  This thing got blown out of all proportion. This thing, whatever it is, seems to involve some sort of upset, moaning, whining, fragile, ego-related overreaction to an event at the camp.  In other words, some players got huffy over Noeline's approach.  So the big question for Netball NZ is just how many casualties do you want? You have star players publicly calling you out and wanting their coach back, you’ve got lawyers in six minute blocks, and now a selector who clearly feels someone has to break the silence and flush a few truths out.  The damage is to Noeline, to the sport, to the selection panel and to coaches generally because the questions raised by Parata are all excellent and, like all the other questions in this stinking mess, require some answers.   See omnystudio.com/listener for privacy information.