Full Show Podcast: 14 August 2026
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What is the main topic discussed in this episode?
The newsmakers and the personalities. The big names talk to Mike. The Mike Hosking Breakfast with Defender Trophy. Epic Adventure. Greater purpose. Newstalks Ed V.
Welcome today. Some reports for you and an idea. The idea is a one dollar guest night fee instead of a bed tax. The reports are under super rugby and the aged care sector both present problems. Uh we got the head of Netball in on her plan to make Netball absurdly successful. Tim and Katie do the week, Richard Arnold and Murray Olds, they'll be pretty good as well. Welcome to the day, seven past six.
What is ACT’s proposed alternative to the bed tax?
So we have Golden Bay Cement, right, and we've got New Zealand Steel. Both companies in their own way that make things we need as a country and would struggle without. One said they would close because of the ETS cost of producing cement here locally. The other's now making steel with its renewable-powered electric furnace. Neither paid for their improvements. We did. My question to you this Friday morning is this good business? In talking to Contact, who are the power supplier to New Zealand Steel, they said, Oh yes, yes, this is good business. Uh it's because of jobs and local manufacturing, local jobs and a better climate. They also supply that electricity for the furnace, so why wouldn't they say yes?
So what price the climate, eh? The odd bit about the cement is imported cement, as I'm sure you're well aware by now, doesn't attract the same ETS cost as the local sort. That seemed and so. Seems odd. Doesn't seem like a level playing field to me. You might remember I asked the Prime Minister at the time about that. Why don't we just carve out the product from the ETS? We carve out farmers. The PM said we didn't want to mess with the ETS, despite the fact, of course, we've messed with the ETS. When I asked the bloke at the steel factory whether they would have paid for the furnace themselves, he wasn't very keen to be overly clear on that one, so I still don't know. Why would you pay? Think about it, why would you pay if you can get someone else to pay?
In this Case it was $140 million from the previous Labour government. The steel, by the way, reduces this country's overall emissions by 1%. Is that worth it? Is any of this worth it? So you got two stories, two companies, and two hundred million dollars of taxpayers' money to allegedly address two pressing climate problems. Mind you, they did exactly the same thing yesterday in New South Wales. It was an aluminium operation, they tossed two and a half billion dollars at it to save a thousand jobs, so clearly this is some sort of new age thing. What's the return on that for any of us? What materially changes, apart from the concept? And that's all it is, the concept that we produce cleaner products, which of course I suppose is a good thing, but it would also be a cleaner environment if the government bought me an EV or paid for my solar.
But they're not doing that, are they? If business in the cement case becomes untenable, is the climate worth it? Or if business would like to, as in the steel case, but won't, why should we? And is it now the taxpayer's job and obligation to clean up everything? of every business that just basically wants it. And how is that good business?
News of the world in 90 seconds. Now
we signed our old mate Vlodomir on a shopping trip this morning. Those Patriots are in short supply. This year we have two and
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ballistic missiles. One of the more forgotten issues globally is of course the Ebola outbreak.
Number of reported deaths has doubled over the past twenty days, with an average of about fifty deaths recorded each day. The World Health Organization reports that between sixty and seventy percent of Ebola related deaths occur in communities, with many patients reaching health facilities too late. And then Britain?
I mean obs, it's hot.
In terms of the number of days in which we've exceeded heat wave threshold temperatures, that's actually approaching 48. Today will be 49, and then tomorrow could well be 50.
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Chapters
7 chapters
1
What is the main topic discussed in this episode?
0:00–0:30
2
What is ACT’s proposed alternative to the bed tax?
0:30–11:21
3
How is the Super Rugby funding crisis explained?
11:21–16:24
4
What are the new Netball NZ CEO’s priorities?
16:24–21:46
5
How are inflation expectations affecting monetary policy?
21:46–29:43
6
What does the latest housing market data reveal?
29:43–1:10:46
7
How is the Golden Visa program impacting investment?
1:10:46–1:30:33
Speakers
6 identifiedMore from The Mike Hosking Breakfast
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