The Mike Hosking Breakfast

The public breakdown between the Donald Trump and Elon Musk is snowballing - as the Tesla CEO calls for the US President's impeachment.  Musk criticised Donald Trump's spending bill days after his departure from the President's administration.   Trump says he's very disappointed, as Musk knew every aspect of the bill and never had a problem until he left.   Musk's hit back, sharing a post saying Trump should be impeached and replaced by Vice-President JD Vance.   He also claimed Trump appears in unreleased Epstein files.  LISTEN ABOVE See omnystudio.com/listener for privacy information.

Kate Hakesby and Tim Wilson joined Mike Hosking once more to Wrap the Week that was.  Newstalk ZB won big at last night’s Radio and Podcast Awards, claiming Station of the Year for the fifth straight year.  The Mike Hosking Breakfast also has reason to celebrate, winning two awards of their own.  LISTEN ABOVE See omnystudio.com/listener for privacy information.

The Super Rugby Pacific playoffs are upon us.  The three-week series kicks off tonight, and the Chiefs are currently sitting in the top spot on the table.   They’ll clash with the Blues tomorrow night in the only Kiwi derby in the qualifying finals.  CEO Simon Graafhuis told Mike Hosking a good game can always be expected between the two teams.  However, when it comes to the finals, he’s expecting the Chiefs will be facing off against the Crusaders or Hurricanes, as both teams are tracking well.  LISTEN ABOVE See omnystudio.com/listener for privacy information.

On the Mike Hosking Breakfast Full Show Podcast for Friday 6th of June, the farce in Parliament over the Te Pati Māori MPs is over and we can finally get back to fixing our country.   The Super Rugby playoffs begin this weekend, so we need to catch up with the table topping Chiefs ahead of the only Kiwi derby in this round.  Kate Hawkesby and Tim Wilson celebrate Newstalk ZB’s and the Mike Hosking Breakfast’s success at the NZ Radio Awards.    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.

Positive news from the manufacturing sector.  Data from inventory management software company Unleashed shows that both revenue and profitability is up.  In the first quarter of the year, revenue across the sector was up 7.5%, and profitability was up 30% compared to the same time last year.  Food, beverage, and the building industry are the big winners.  Alan McDonald, EMA Head of Advocacy, Finance and Strategy, told Mike Hosking this latest survey just reinforces the trend we’re seeing about growing confidence in the sector.  He says all signs indicate things are looking much better down the track.  LISTEN ABOVE See omnystudio.com/listener for privacy information.

Researchers say the Vape industry and regulators needs to show they're taking consumer safety seriously.  A study in today's Medical Journal shows more than half of vape juices have incorrectly labelled how much nicotine they contain.  Most of the mislabelled products had significantly less nicotine than advertised – some by over 50%.  Otago University Senior Research Fellow Jude Ball told Mike Hosking this is suggestive of widespread issues in manufacturing quality.   She says New Zealand has strong regulations about what can and can't be in vape products, so the fact nicotine levels are way off raises concerns.   LISTEN ABOVE See omnystudio.com/listener for privacy information.

Inland Revenue's cracking down on unpaid tax bills.  It's been allocated an extra $35 million in Budget 25 to boost its tax compliance and collection activities.  The tax department expects to return an additional $4 for every dollar in the first year, and $8 in year two.  IRD Commissioner Peter Mersi told Mike Hosking it's hard to estimate how much tax is owed across the board.  He says they don't really know the size of the gap, but believes it's around $9 billion.  LISTEN ABOVE See omnystudio.com/listener for privacy information.

A focus on boosting our gas supply in the short-term from the Resources Minister.  New Zealand's gas reserves have dropped by 27% over the past year.   Last month, the Government committed $200 million to new gas projects following removal of a ban on offshore oil and gas exploration last year.   Shane Jones told Mike Hosking there's a lot of interest in the South Island, but new projects need to be well-thought out.  He says so if people make a commitment, their investment is protected from the return of unicorn, fairy-head ideas.  LISTEN ABOVE See omnystudio.com/listener for privacy information.

Satisfaction the Privileges Committee stood its ground over Te Pati Māori's viral haka in Parliament.   The harshest sanctions in Parliament's history have been handed down, with co-leaders Debbie Ngarewa-Packer and Rawiri Waititi suspended for 21 days.    Hana-Rawhiti Maipi-Clarke's been suspended for seven.   Privileges Committee Chair Judith Collins told Mike Hosking the committee was almost universally appalled by the demonstration and six months’ worth of hearings.  She says the committee's work was worth it, and it's about time Parliament realised the public is appalled by the antics. LISTEN ABOVE See omnystudio.com/listener for privacy information.

Keir Starmer has signalled a potential U-turn regarding the winter energy payments.  Back in March, the UK government changed the rules for the Winter Fuel Payment, so that from winter 2024/25, it was only available to households that received the Pension Credit or certain other means-tested benefits.  This made it so that only 1.5 million pensioners received the payment, down from 10.8 million.   UK Correspondent Rod Liddle told Mike Hosking reinstating them looks like a defeat for Starmer, as it was his government that axed the payments in the first place.  He says the Prime Minister’s in a difficult position.  LISTEN ABOVE See omnystudio.com/listener for privacy information.