Full Show Podcast: 22 May 2026
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What is the main topic discussed in this episode?
Tough on power, sharp on insight. The Mike Hosking Breakfast. With Aveda Retirement Communities. Life your way.
News Talks at B. Morning and welcome. Social housing rejig. Good month for our exports. We're rolling, baby, so we'll crunch those numbers. Good news from Pharmac.
What are the recent changes in social housing policy?
Good news on charter schools. This week with Tim and Katie.
How are New Zealand's exports performing recently?
Richard Arnold and Murray Olds, they drop in as well. Friday morning, welcome to it, seven past six. I've got another lesson for our Labour Party if they want to ponder it. Australian Labour has blown their budget. It is hard to overstate the anger and pushback on their tax changes made well over a week ago now. See, budgets and the news cycle sort of come and go. This was different. It was billed as generational. It was seen as transformational. It was seen as Albanese having to spend a decent chunk of political capital, given his tax treatment was based on a lie. He said in the election campaign of last year he would not touch tax. Twelve months on, he went back on his word. The twist being the blowback came and it hasn't stopped coming.
And somewhere in the last couple of days, the concern, followed fairly quickly by panic, started to set in at government level. The anger has not been driven. by the rich old coalition blokes whose myriad of investments would end up being taxed more. No, it's been driven by young Australians who buy shares to save for their retirement, young Australians who start businesses to set up a decent life for themselves and their families, people the Labour government never saw coming. What it shows, and it's an encouraging sign, I think, and one I suspect is as relevant here as it is there,
What impact does the Australian budget blowback have on New Zealand?
And that's what Albanese's had a crack at. Why take a risk in starting a business if all there is at the end of it is Jim Chalmers and his tax department looking to extract ever larger amounts of your hard-earned? And that's what Labour want to do here. It's always about more taxes, and it's never about more success or larger growth or a bigger pie. Got an issue? Short of dough? Tax somebody. Well, middle Australia isn't interested, and they've been out in force this week showing it. Maybe Elbow knew that. Maybe that's why he lied to get into power in the first place, so he could do what he's done. And if that's true... then Hipkin's and Co. 's in real trouble because he hasn't lied. Of course, he's told us this is coming.
And if we are like Australia, it is not going down well.
News of the world in 90 seconds.
Let's start in Cuba, where Raul, of course, as we told you yesterday, is in trouble and the island's got to be close to being taken over now. They've sent little Marco on the job.
Cuba's consistently posed a threat to the national security of the United States. And the other thing that poses a threat to the national security of the United States is to have a failed state 90 miles from our shores run by friends of our adversaries.
Now, as Boss has sent back the latest on the Iran deal, oil's up a bit this morning because Iran want to hold on to the uranium at their place. Trump can do sanctions, but not until we've got pen and paper.
I'm not doing any relief until they sign an agreement. When they sign an agreement... We didn't get that place built up again and have something that's really a good country for the people. But no, we haven't offered any.
Europe, bad day for Airbus. Paris Appeals Court blames them for the 2009 AF447 Rio to Paris crash.
If they are liable in all of this, it's as a result of a campaign by, you know, by families. And it looks as if for all this time they've been trying to wriggle out of their responsibility. That's not a good look. As I say, it's not over yet.
Then in Britain, weirdest thing. Too strange for words. Rachel Reeves hands out cost of living reef, blames the war. I have not shied away from my criticism of the war. Nor have I ignored the costs that it will bring to bear on the British people. I've been clear-eyed about my duty to do what I can to support families and businesses. Her boss goes, hear, hear.
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Chapters
8 chapters
1
What is the main topic discussed in this episode?
0:00–0:15
2
What are the recent changes in social housing policy?
0:15–0:18
3
How are New Zealand's exports performing recently?
0:18–1:27
4
What impact does the Australian budget blowback have on New Zealand?
1:27–10:10
5
What are the latest developments in the A-League Grand Final?
10:10–20:52
6
What are the challenges facing Amazon account holders?
20:52–42:25
7
What are the implications of the recent unemployment rate changes in Australia?
42:25–51:50
8
How does the government's approach to charter schools compare to public schools?
51:50–1:29:52
Speakers
5 identifiedMore from The Mike Hosking Breakfast
Richard Arnold: US correspondent on Bill Gates warning that AI growth can't keep 'going unchecked'
Steve Price: Australian correspondent on Pauline Hanson being named preferred Prime Minister in Queensland
Commentary Box: Andrew Saville and Jason Pine discuss the AFL grand final and Counties Manukau winning the Ranfurly Shield
Paul Goldsmith: Justice Minister on 90 reported citizen's arrests being carried out since powers began
David Satterfield: former US Ambassador in the Middle East on whether Trump rejecting Iran deal will impact US mid-terms
Brigitte Morten: political commentator on Labour and National launching their election campaigns ahead of November 7