A careful balancing act on how far banks should have to go to prepare for a rainy day. 

Parliament's Finance Select Committee is currently seeking feedback on whether the Reserve Bank's capital requirements for banks should be changed. 

The current rules are stringent and costly. 

Massey University banking expert Claire Matthews told Mike Hosking we also can't go too far the other way. 

She says if a bank fails, and there isn't enough money to pay people out, that will have a huge impact on the whole economy. 

LISTEN ABOVE 

A careful balancing act on how far banks should have to go to prepare for a rainy day.&nbsp;
Parliament's Finance Select Committee is currently seeking feedback on whether the Reserve Bank's capital requirements for banks should be changed.&nbsp;
The current rules are stringent and costly.&nbsp;
Massey University banking expert Claire Matthews told Mike Hosking we also can't go too far the other way.&nbsp;
She says if a bank fails, and there isn't enough money to pay people out, that will have a huge impact on the whole economy.&nbsp;
LISTEN ABOVE&nbsp;

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, 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

Claire Matthews: Massey University banking expert on whether the Reserve Bank's capital requirements for banks should be changed

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/bb214cc3-a3cf-4093-8c38-b2ac01367bc4/transcript

At the end of each week, Mike Hosking takes you through the big-ticket items and lets you know what he makes of it all.  

 

Meteorological paranoia: 2/10  

Between the MetService and the media, you would have thought Noah and his large ship were going to be needed, and yet... 

 

Teachers: 6/10 

God bless them, but it’s hardly a surprise when you see a drop in numbers, is it? Would you be a teacher? 

 

Easter rules: 3/10  

I'm not sure what’s worse, the shambles they’ve become, or the annual tedious debate about changing them… even though we never change them. 

 

Hegseth: 4/10 

Looks increasingly like a doofus, and I’m not sure he wasn’t a doofus to start with. 

 

Canada: 7/10  

Best election going right now – early voting at records, massive swing in the polls… could be one to remember. 

 

Exports: 8/10 

Good news story of the week. In March, this country hit it out of the park – that’s what we need more of. 

 

LISTEN ABOVE FOR MIKE HOSKING'S FULL WEEK IN REVIEW  

At the end of each week, Mike Hosking takes you through the big-ticket items and lets you know what he makes of it all. &nbsp;
&nbsp;
Meteorological paranoia: 2/10 &nbsp;
Between the MetService and the media, you would have thought Noah and his large ship were going to be needed, and yet...&nbsp;
&nbsp;
Teachers: 6/10&nbsp;
God bless them, but it’s hardly a surprise when you see a drop in numbers, is it? Would you be a teacher?&nbsp;
&nbsp;
Easter rules: 3/10 &nbsp;
I'm not sure what’s worse, the shambles they’ve become, or the annual tedious debate about changing them… even though we never change them.&nbsp;
&nbsp;
Hegseth: 4/10&nbsp;
Looks increasingly like a doofus, and I’m not sure he wasn’t a doofus to start with.&nbsp;
&nbsp;
Canada: 7/10 &nbsp;
Best election going right now – early voting at records, massive swing in the polls… could be one to remember.&nbsp;
&nbsp;
Exports: 8/10&nbsp;
Good news story of the week. In March, this country hit it out of the park – that’s what we need more of.&nbsp;
&nbsp;
LISTEN ABOVE FOR MIKE HOSKING'S FULL WEEK IN REVIEW &nbsp;

Mark the Week: The drop in teacher numbers is hardly a surprise

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/a3802649-59b5-4ef7-832a-b2c8017c9dd5/transcript

Polls are funny things at the best of times, and despite plenty of evidence that they can be as wrong as they can be right, we still seem fascinated, if not obsessed, by them. 

There are two races at the moment being heavily polled: Australia and Canada. Canada votes this Monday, Australia in a couple of weeks. 

Canada is more interesting, if for no other reason than the incumbents were losing by so far it wasn’t funny, but are now leading. 

The PM quit and the new bloke, Carney —who once ran the Bank of Canada and the Bank of England— is now chasing the top job. 

On the surface, that change of leadership might have played a part in voters' minds – Trudeau was past his used-by date in a Jacinda Ardern “loved then hated” kind of way. More likely, south of the border, Trump got elected, tariffs became an issue, and Carney looks like the person who can better stand up to America. 

Polling out yesterday says the Conservatives are closing as people refocus on local issues like housing and cost of living, but the gap is still 12 points. Which is an amazing swing given the gap was 20 points the other way until tariffs stole the headlines. 

Meantime, in Australia it’s gone from a race where the incumbent would be lucky to survive, far less thrive. Where a hung parliament was probable, requiring any number of accommodations with Greens and Teals and Independents, given a minority was the best Albanese could hope for, to what increasingly looks like an easy romp home with a majority. 

Marginal seat polling out yesterday shows Labor with a 3.5% swing in the past week. Another poll had 45% of voters saying they didn’t like Dutton’s personality, therefore wouldn’t vote for him. 

Competence, cost of living, that apparently doesn’t count. You look at him, you don’t like him, he’s toast. 

It hardly seems a sophisticated way to decide the future of your nation, but then that’s democracy, isn’t it? 

One argument says Albo should win —first term governments don’t lose— haven’t since the 30s. 

But Canada, if the polls are right, that would be a victory from the ashes. What happens in another country is so profound: the party that was getting thrashed has their fortunes completely reversed. That’s one for the history books. 

Polls are funny things at the best of times, and despite plenty of evidence that they can be as wrong as they can be right, we still seem fascinated, if not obsessed, by them.&nbsp;
There are two races at the moment being heavily polled: Australia and Canada. Canada votes this Monday, Australia in a couple of weeks.&nbsp;
Canada is more interesting, if for no other reason than the incumbents were losing by so far it wasn’t funny, but are now leading.&nbsp;
The PM quit and the new bloke, Carney —who once ran the Bank of Canada and the Bank of England— is now chasing the top job.&nbsp;
On the surface, that change of leadership might have played a part in voters' minds – Trudeau was past his used-by date in a Jacinda Ardern “loved then hated” kind of way. More likely, south of the border, Trump got elected, tariffs became an issue, and Carney looks like the person who can better stand up to America.&nbsp;
Polling out yesterday says the Conservatives are closing as people refocus on local issues like housing and cost of living, but the gap is still 12 points. Which is an amazing swing given the gap was 20 points the other way until tariffs stole the headlines.&nbsp;
Meantime, in Australia it’s gone from a race where the incumbent would be lucky to survive, far less thrive. Where a hung parliament was probable, requiring any number of accommodations with Greens and Teals and Independents, given a minority was the best Albanese could hope for, to what increasingly looks like an easy romp home with a majority.&nbsp;
Marginal seat polling out yesterday shows Labor with a 3.5% swing in the past week. Another poll had 45% of voters saying they didn’t like Dutton’s personality, therefore wouldn’t vote for him.&nbsp;
Competence, cost of living, that apparently doesn’t count. You look at him, you don’t like him, he’s toast.&nbsp;
It hardly seems a sophisticated way to decide the future of your nation, but then that’s democracy, isn’t it?&nbsp;
One argument says Albo should win —first term governments don’t lose— haven’t since the 30s.&nbsp;
But Canada, if the polls are right, that would be a victory from the ashes.&nbsp;What happens in another country is so profound: the party that was getting thrashed has their fortunes completely reversed. That’s one for the history books.&nbsp;

Mike's Minute: Fascinating polling results out of Australia and Canada

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/c2000a09-2535-4be1-9992-b2c8017c4c51/transcript

Capping off another short week, Kate Hawkesby and Tim Wilson joined Mike Hosking to Wrap the Week that was. 

They discussed the number of people taking leave for the period, the best brand of Easter eggs, and the fact that chatbots have queues. 

LISTEN ABOVE 

Capping off another short week, Kate Hawkesby and Tim Wilson joined Mike Hosking to Wrap the Week that was.&nbsp;
They discussed the number of people taking leave for the period, the best brand of Easter eggs, and the fact that chatbots have queues.&nbsp;
LISTEN ABOVE&nbsp;

Wrapping the Week with Kate Hawkesby and Tim Wilson: The best Easter eggs on the market

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/7bd0a6cc-25a8-48ad-9229-b2c8016b9398/transcript

Claire Matthews: Massey University banking expert on whether the Reserve Bank's capital requirements for banks should be changed

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