Transcript generated automatically by AI and may contain errors.
Chapter 1: What is the main topic discussed in this episode?
No fluff, just facts and fierce debate. The Mike Hosking Breakfast with Aveda Retirement Communities. Life your way. News Talk ZB. Morning and welcome today, GDP, the state of the place. The fuel price warning, are we getting fleets? Dame Noelene on our com game squad. Charlie Puth is back in for a catch up after eight. Joe's in Italy, Enda all over today and the maker field by election.
Chapter 2: What are the economic implications of the US-Iran deal?
Welcome to the day, seven past six. Yes, things won't get back to the so-called normal this week, but when the straight opens and the oil flows, I think before we know it, it will all be in the rearview mirror and a reminder of that day comes in the form of our GDP number sometime later on today. Now, this is for Q1, of course, Jan, Feb and March. before it all hit the fan.
Chapter 3: What is Winston Peters' stance on the MBIE scandal?
I mean, yes, oil was rising during that period, but a lot was still to unfold. What we will see is a figure, I think, of about 1%.
Chapter 4: How justified is the Commerce Commission's warning on petrol prices?
If you annualise that out, that's 4%, which is a lot of growth. Now, the trouble with news is the negative stuff grabs too much attention. There has been, and indeed is, quite a lot of good news about, and the war didn't really change any of that.
Chapter 5: What surprises did Dame Noeline Taurua reveal about the Silver Ferns' squad?
So exports are booming. And they are helped by our dollar. New Zealanders are now returning from Australia, if you haven't noticed, as increasing numbers of them realise the tax rates are high, the cost of a house is high. The polling this week on their recent budget showed just 9% thought it was good for the country.
Chapter 6: What insights did Charlie Puth share about his Super Bowl performance?
I mean, the government's economic credibility is shot. Think also of the fact as petrol drops, that money gets put into other parts of the economy. And here's my anecdotal view for what it's worth. Despite all the misery around the news cycle, the war for many hasn't actually changed a lot. Most people have work.
Most people are on top of their finances, and a lot of businesses that are good at what they do are doing fine, thank you very much. And given the Iran deal, that can only improve from here on in. When we get to the GDP numbers for Q2, they will be flat, if not slightly backwards. But what today will show is the war wasn't on us. We didn't start it. We just had to suck it up like everyone else.
And as such, we were tracking nicely. We will track nicely again. The fundamentals are all there, which means they will kick back in. It's not like we're starting again. The hard work has already been done. We paused. We held our breath. We got through and out the other side. Damage done. Emergency avoided. We can get back to business.
GDP today is a picture of what was and what will be again before you know it. And broadly speaking, it's a pretty solid picture. News of the world in 90 seconds. We are still in Evian, where the water is still also drinkable, and we're still talking about the Iran deal.
This was years in the making. You know why? Because I was the one that killed General Soleimani.
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Chapter 7: What factors are influencing New Zealand's GDP growth?
And if I didn't kill General Soleimani, we probably wouldn't be talking right now about... this deal because he was a mad genius.
Details slowly but surely being released. And they can get some benefits, be re-invited into the world economy. And when I say benefits, I'm talking about sanctions relief on their economy. We've destroyed their nuclear program, but one of the things the president is trying to do is give them the incentive not to try to rebuild that program. I'll get you through the MOU in a moment.
It's been leaked or released or whatever. Now, you can argue, of course, as I just tried to a moment ago, if Trump had never started this, we wouldn't have had the trouble we've had. Not that Donald sees it that way.
The stock market has surged to record highs, picking up thousands of points over the last short period of time. Thousands of points. And oil is dropping like it has never dropped before.
None of that's true. Macron, who's been the host of all of this, he's now upbeat on Ukraine, given Trump's been re-engaged on that.
I've always trusted President Trump. I've always said things to him when we've had disagreements. We have said we disagree. But when he has made commitments to us, he's always done what he said he would do. And today, the United States of America have made a commitment.
Now, related matters back stateside, boil over in Georgia. This is the primaries. This is yesterday afternoon as the bloke that Trump backed lost and a bloke called Jackson won.
I'm the only candidate who doesn't owe a thing to the political establishment. I don't care what special interests want, how much they beg, how much they give me. I can't be bought. Tonight, we prove the people of Georgia are in charge.
Yeah, that's going to be quite a race later in the year. Back at the G7, poor old dead PM Walking Starmer faces his Waterloo tonight, of course, at Makerfield. So what else could he say? I want him to have a big role in government. If he comes back into Parliament, I hope he wins in the by-election. He'll be a fantastic asset for our party and for the country. He's such a loser.
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Chapter 8: How is consumer confidence impacting the economy?
It's not all bad, though. He has actually been out filming Millionaire. And he's also told us that as Hawkstone Beer did this via social media, Hawkstone Beer would have an ad during England's opening World Cup match against Croatia. So he's... We can do nothing but wish them the best, but the watch, it's very hard work.
Anyway, Hawkstone, very nice, by the way, had a little on tap in Edinburgh on a sunny Edinburgh afternoon, and it's not often you can say that. Now, Winston Peters, I don't know what he was thinking yesterday. Was it an emotional spray that we should be sticking these MB people in jail?
I mean, to stick somebody in jail, you've got to have committed a crime, and despite what they did, which is atrocious... It doesn't cross the threshold of crime, although I know yesterday Brian Roche said, you know, let's have the investigation and see where it goes from here. Anyway, Winston Peters for you shortly on the program. Sharon Zolder after seven o'clock on the GDP number.
Charlie Puth back on the program after eight. Meantime, the news is next.
No, no, no, no, no. Baby, that's not how this works.
Asking the questions others won't. The Mike Hosking Breakfast with Range Rover Sport.
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We'll give you the crux of it in just a couple of moments. Joe's got the G7 covered. They're talking back on Ukraine as well as Iran, of course, and the MOU details are out. So I'll get you those as well. So it's a busy old morning. Meantime, at 23 to 7, this MB immigration scandal took a twist yesterday as Winston Peters called for a bit of jail time.
He called MB the worst department in the country. And he's with us. Very good morning to you. Good morning. Are they too big?
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