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It’s a tale of two economies, for now.
The Reserve Bank is forecasting more OCR cuts next year, sooner than previously expected, after yesterday's 50-basis point cut to 4.25%.
But Governor Adrian Orr says growth remains weak globally.
Former Finance Minister Steven Joyce told Mike Hosking there are green shoots in the economy, but they're confined to specific sectors like commercial property, dairy, kiwifruit, and the tech sector.
He says big-employing industries like service and retail have been flat as a pancake, alongside residential property and construction.
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There’s been a change in approach in a bid to secure Smoke-Free 2025.
Minister-in-Charge, Casey Costello's unveiled a refreshed Health New Zealand action plan.
It includes no new funding or programmes, with the existing $24 million budget being reallocated to the frontline.
Costello told Mike Hosking the Government's tried to pare back the programme to practical applications and tools for those wanting to quit.
She says it's about informing and leading people to available services, rather than the previous prohibitionist approach.
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New polling shows Australians are losing hope in their Labour led government ahead of an election middle of next year.
The Redbridge Poll found half of all voters think the country is headed in the wrong direction, with less than a third seeing it as on track.
Australian Correspondent Steve Price says this is very bad news for Prime Minister Anthony Albanese.
Price says voters are concerned about the government’s focus and 6% of Australians agree strongly that the government is focused on the right issues.
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The US President-elect is pledging to hit Canada and Mexico with large taxes.
Donald Trump says of many first executive orders, one will be charging the neighbouring countries 25% goods tariffs.
He says they'll continue until they clamp down on illegal border crossings of drugs and migrants.
US Correspondent Richard Arnold told Mike Hosking that the last time Trump played the tariff game it was with China, which resulted in Trump having to give US farmers bailouts worth $23 billion.
He says economists are speculating that the tariffs taking shape in the way Trump is illuding could add up to $2,600 extra a year for consumers.
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The Government's being accused of having no vision for the struggling health sector.
The Health Minister's announced $20 million dollars to hire 50 senior doctors, and $10 million for senior specialist nurses and allied health professionals.
The Nurses Organisation says the funding is only a 0.2% increase in investment for nurses.
Association of Salaried Medical Specialists Executive Director Sarah Dalton told Mike Hosking she doesn’t want to rain on the parade, but she doesn’t think it achieves anything.
She says it’s disappointing, given the report released last year that states New Zealand is short by 1,700 doctors and GPs.
Dalton says nothing that has happened since has referred to that data or tried to address it in any concrete or tangible way.
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On the Mike Hosking Breakfast Full Show Podcast for Wednesday 27th of November, the Reserve Bank has their final OCR call today, so will we see relief from that cut?
Did you know it's illegal to serve any kind of drink when you are at the hairdressers? A bill has been added to the ballot to remove the law that is baffling hairdressers.
Mark Mitchell and Ginny Andersen talk about the life and legacy of Nikki Kaye, and whether we should have four year terms on Politics Wednesday.
Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts.
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Politicians from across the political spectrum are remembering former National MP Nikki Kaye.
Kaye died aged 44 on Saturday after a cancer battle.
National's Mark Mitchell told Mike Hosking she was an amazing lady.
He said that she was in the midst of her treatment when he was wanting to become a Minister, and she was sending him a full strategy on what he needed to do.
Kaye served as the Auckland Central MP from 2008 until 2020, a seat Mitchell said she won through hard work and guts – a combination she lived her life by.
Labour's Ginny Andersen told Hosking she will remember her energy.
She said it was amazing to see a young woman who was so passionate and driven, but who wasn’t afraid to laugh at herself.
Andersen said she’ll always be thankful for the stance she took on mining on Great Barrier Island, saying she has huge admiration for that strength.
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There are fears big Wellington City Council budget cuts don't go far enough.
The council yesterday voted in a mammoth meeting to make hundreds of millions of dollars of savings by slashing projects like cycleway spending, and demolishing Begonia House in the Botanic Gardens.
Councillor Tony Randle told Mike Hosking the projects Mayor Tory Whanau managed to save, like the Golden Mile redevelopment and climate initiatives, should have been cut too.
He claims they add more spending to the budget and says they now won't be able to make enough savings.
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There’s a push to alter New Zealand's laws to allow people to indulge in a tea or coffee while at the hairdressers.
It's an offence to serve a drink in a salon's service area – deemed unsafe under health regulations.
National MP Dana Kirkpatrick has added a bill to the ballot to remove the law.
Rodney Wayne Chief Executive Julie Evans told Mike Hosking the offence is news to them, as their salons have long served tea and coffee to clients.
She's unsure why it was never brought to their attention when the council conducted checks of salon dishwashers, to ensure they worked to legal standards.
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A friend of Nikki Kaye has described her as an incredibly determined person.
The 44-year-old former National MP died on Saturday after battling cancer.
Her family says a private cremation service was held on Monday.
Kaye served as Auckland Central MP from 2008 until 2020.
Friend David Farrar told Mike Hosking that he and others in the National party told her she wouldn't win the nomination or seat for Auckland Central.
He says Kaye had a belief in herself and thought she could win it, she knocked on every door in the electorate, and did win.
Farrar says she did a lot of cross-party work.
He says she was very much a National MP, but never thought all goodness came from one party and worked across the political spectrum to achieve things.
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A former Reserve Bank economist says there's a case for the Reserve Bank cutting the Official Cash Rate by 75 basis points.
The Reserve Bank will release its latest decision today.
It's widely expected to cut the rate by 50-basis points from 4.75% to 4.25%.
Former reserve bank economist Michael Reddell told Mike Hosking the Reserve Bank's view of an OCR of 2.5-3% as being neutral is the best guess.
He says we genuinely won't know until after we've got there and seen the inflationary consequences, but he thinks we will be at that figure by next August.
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There are calls for more discussion around genetic modification.
An Institute of Economic Research report, commissioned by Organics Aotearoa New Zealand, reveals genetic modification could reduce the value of primary sector exports by up to $20 billion a year.
It estimates GMO-free branding adds an extra 59% on the value of our exports.
Organics NZ chief executive Tiffany Tompkins told Mike Hosking there's a range of opinion on the subject.
She says the Government should slow down, open up the conversation and include farmers more proactively so we can understand the cost-benefit analysis.
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John Grisham is no stranger to success, having written 50 consecutive number one best sellers.
When he’s not writing, he works for the Innocence Project and Centurion Ministries, helping get innocent people released from prison.
A majority of his work are legal thrillers, but this time he’s taking a step into a realm he’s less familiar with: nonfiction.
‘Framed’ is Grisham’s second nonfiction book, detailing the true accounts of ten people who were wrongfully convicted.
He told Mike Hosking that he and Centurion Ministries founder Jim McCloskey have been considering writing this book for a number of years.
“The stories are so, they’re so terrible, but they’re also very compelling, and really gripping stories.”
Grisham says that he’s trying to make a change with this novel, and raise awareness for the issues within the criminal justice system in the United States.
“Trying to raise awareness, trying to raise a few bucks for the innocents, for advocates in the country,” he said.
“There’s a purpose behind it.”
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On the Mike Hosking Breakfast Full Show Podcast for Tuesday 26th of November, a new 24/7 police station is opening in Auckland CBD – Police Commissioner Richard Chambers joined the show to discuss.
The Prime Minister joined Mike live in studio for a chat about the economy, Waikato Hospital, and when we will get details of the new ferry deal.
Arguably one of the greatest ever authors, John Grisham has a new book out and specifically requested to talk to Mike about it - so how do we turn that offer down?
Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts.
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Universities are seeing increasing interest from students wanting to study courses in artificial intelligence.
Multiple universities now run Masters of Artificial Intelligence degrees, with many other courses and related papers at various levels also available.
Victoria University launched a masters in 2021 and last year began an undergraduate major in AI.
Senior lecturer Andrew Lensen told Mike Hosking there’s certainly a big change in society when it comes to AI, and students are onto that and want to study it.
He says that that although developments in the AI space are unfolding quite rapidly, there are a lot of core fundamentals that have been around for the last few decades.
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A capital gains tax is a no-brainer, according to a former Labour Party leader.
The topic is understood to be on the agenda at the party's conference in Christchurch this weekend, with members deciding whether to continue work on the proposal.
David Cunliffe told Mike Hosking he believes most in the party would be keen on the tax.
When it comes to voters, he says that capital gains taxes have actually polled really well in the last couple of elections, and one could say that its polled better than the Labour Party.
Cunliffe says that it’s unlikely to be a net vote loser.
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The new top cop says Aucklanders will be feeling better about a police station in the city's centre.
Police plan to have the new Federal Street base open to the public by the middle of next year.
It will sit close to Aotea Square and the new CRL station, making it easier to deploy officers right across the central city.
Police Commissioner Richard Chambers told Mike Hosking that soon we'll have 51 beats working 24/7 around the community, increasing visibility and safety.
He says it's back to basics policing, with officers walking the beat and getting to know the people around town.
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Prime Minister Christopher Luxon says the “more tax, more borrowing” of the last Labour Government hadn’t worked.
“The decision for New Zealand is really about getting this country growing,” he told Mike Hosking.
One of the areas they’ve been focusing on in order to do so has been education.
Luxon said he was unaware of schools not getting necessary maths resources, and disagrees with the teachers unions, who say the Government has rushed the new curriculum through.
“We got a set of results that said four out of five of our kids going into high school are not where they need to be. I’m sorry, we can sit around having consultation and kumbaya all year, but we actually need to make an intervention. We did that within a week.
“[Education Minister] Erica Stanford has done an exceptionally good job to make sure they’ve got the [resources] they need to teachers.”
He touched on how “abysmal” NCEA is, saying that whether you’re a parent or an employer or a teacher, it’s not working.
“And it’s no surprise when kids show up for third form and four out of five aren’t at the standard they need to be in maths,” Luxon said.
When it comes to the economy, he says there’s still “a lot of turbulence” to navigate before it gets better. He pointed to reductions in inflation as achievements.
“I think every quarter you’ll start to see growth improve. We’re still not out of the woods. The last thing that gets sorted is employment, and there’s a lag effect.
“We did it pretty tough. We had monetary policy where we were printing a lot of cash.”
Luxon confirmed there would be an announcement on the Cook Strait ferries by the end of the year.
“We’ve made a commitment; we’ll talk about the ferries by the end of the year. We’re going to get a solution in place.
“There’s always ongoing conversations. You’ll know [the details] when you know.
“It’ll be rail compatible, as it is today. I can tell you it’ll be done a lot cheaper than $3.2 billion.”
He said there was no stoush between himself and David Seymour over the Waikato medical school plans.
“All respect, David’s not the Minister of Health, he’s the Minister for Regulation. He needs to focus on that,” he said.
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More schools are dropping NCEA Level 1.
An Education Review Office review has found it's not a fair or reliable measure of knowledge and skills, and needs substantial change.
Less than three-quarters of schools plan to offer NCEA Level 1 next year.
ERO's Ruth Shinoda told Mike Hosking that in more affluent communities, it's less than half.
She says three quarters of school leaders say the credits students receive don't reflect an equal amount of work or degree of difficulty.
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Australian police arrested 170 climate activists over the weekend after their floating blockade briefly disrupted activity at one of the world’s largest coal ports.
The fleet of kayaks, paddle boards and inflatable boats blocked the entrance to the Port of Newcastle, which exports millions of tonnes of coal each year.
Police said on Sunday evening 156 adults and 14 youths had been arrested and charged with offences including 'disruption of a major facility'.
Australian correspondent Steve Price says shipping was temporarily paused as the group blocked at least one major vessel from entering the port.
"The Greens leader was there, looking like a fool, they were called 'numbskulls', and it was dangerous - really, really dangerous. We'll wait and see what happens in court."
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