There's acceptance banning social media for under 16s may be easier said than done.  

National has put forward a members’ bill to prevent under 16 year olds having social media accounts, with large corporations being responsible for technically regulating age verification.  

The author, Tukituki MP Catherine Wedd told Mike Hosking she knows anyone can use a fake age to set up a social media account, but if companies fail to manage it, they'll face significant penalties 

She says it's not going to be perfect, but this is a direction from the government that we need to do more to protect kids from online harm. 

LISTEN ABOVE 

There's acceptance banning social media for under 16s may be easier said than done. &nbsp;
National has put forward a members’ bill to prevent under 16 year olds having social media accounts, with large corporations being responsible for technically regulating age verification. &nbsp;
The author, Tukituki MP Catherine Wedd told Mike Hosking she knows anyone can use a fake age to set up a social media account, but if companies fail to manage it, they'll face significant penalties&nbsp;
She says it's not going to be perfect, but this is a direction from the government that we need to do more to protect kids from online harm.&nbsp;
LISTEN ABOVE&nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Catherine Wedd: Tukituki MP on the member's bill that would ban social media for under 16s

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/13f0813b-cbd0-498a-bdb3-b2d50160a028/transcript

A pickup in retail spending shows some consumers aren't too phased about a tough economic climate.

Stats NZ data shows core retail spending in May was up 2.8% annually – not including volatile sectors like fuel.

Furniture, electronics, and hardware spending is up 4.8%, while hospitality spending is up 3.2%.

Retail NZ Chief Executive Carolyn Young told Mike Hosking that March and April were really uncertain, and consumers were concerned about the cost of living, inflation, and the Middle East crisis.

But now, she says, people have realised we’re in it for the long haul and need to get on with life and work out what we can spend. 

LISTEN ABOVE 

A pickup in retail spending shows some consumers aren't too phased about a tough economic climate.
Stats NZ data shows core retail spending in May was up 2.8% annually – not including volatile sectors like fuel.
Furniture, electronics, and hardware spending is up 4.8%, while hospitality spending is up 3.2%.
Retail NZ Chief Executive Carolyn Young told Mike Hosking that March and April were really uncertain, and consumers were concerned about the cost of living, inflation, and the Middle East crisis.
But now, she says, people have realised we’re in it for the long haul and need to get on with life and work out what we can spend.&nbsp;
LISTEN ABOVE&nbsp;

Carolyn Young: Retail NZ CEO on the uptick in retail spending for May

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/718d35af-02ca-423e-919b-b46a015d26c3/transcript

Another streaming service has entered the New Zealand market. 

HBO Max has officially launched, with plans starting from $10.99 a month.  

The site features recent blockbusters like Wuthering Heights and well-known franchises Harry Potter and The Lord of the Rings.  

Warner Brothers Discovery Managing Director Michael Brooks told Mike Hosking they're feeling confident despite the cost-of-living crisis.  

He says before coming in they assessed the market very closely and are confident based on the huge impact they've made in Australia. 

LISTEN ABOVE 

Another streaming service has entered the New Zealand market.&nbsp;
HBO Max has officially launched, with plans starting from $10.99 a month. &nbsp;
The site features recent blockbusters like Wuthering Heights and well-known franchises Harry Potter and The Lord of the Rings. &nbsp;
Warner Brothers Discovery Managing Director Michael Brooks told Mike Hosking they're feeling confident despite the cost-of-living crisis. &nbsp;
He says before coming in they assessed the market very closely and are confident based on the huge impact they've made in Australia.&nbsp;
LISTEN ABOVE&nbsp;

Michael Brooks: Warner Brothers Discovery Managing Director on the launch of HBO Max in New Zealand

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/a3e3db06-a2e8-4eb0-838b-b46a01581e52/transcript

The Finance Minister says it's still too early to say whether we're seeing the beginning of the end of the fuel crisis. 

Prices have already fallen significantly since the US-Iran peace deal was announced. 

Traders on prediction market Kalshi are now picking the Strait of Hormuz to reopen and be fully back to normal by August. 

But Nicola Willis told Mike Hosking while the deal is clearly good news, she's waiting to see how the situation develops. 

She says it's still fragile and we've had breakthroughs in the past only to go backwards, so she's not counting her chickens just yet. 

LISTEN ABOVE 

The Finance Minister says it's still too early to say whether we're seeing the beginning of the end of the fuel crisis.&nbsp;
Prices have already fallen significantly since the US-Iran peace deal was announced.&nbsp;
Traders on prediction market Kalshi are now picking the Strait of Hormuz to reopen and be fully back to normal by August.&nbsp;
But Nicola Willis told Mike Hosking while the deal is clearly good news, she's waiting to see how the situation develops.&nbsp;
She says it's still fragile and we've had breakthroughs in the past only to go backwards, so she's not counting her chickens just yet.&nbsp;
LISTEN ABOVE&nbsp;

Nicola Willis: Finance Minister on the economic impact of the US-Iran peace deal, fuel crisis

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/83d5de10-53fb-486e-8f56-b46a0151caf1/transcript

Catherine Wedd: Tukituki MP on the member's bill that would ban social media for under 16s

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