New research by ASB economists suggests the country faces a trillion-dollar infrastructure bill over the next three decades.

The report states New Zealand will require up to 700-thousand additional dwellings and associated infrastructure in 30 years as our population balloons.

It says climate-change pressures are becoming more pressing, with the country’s infrastructure lacking resilience and being heavily exposed to natural disasters.

The report suggests trade-offs may need to be made, including increased taxes, council rates or user charges.

Geoff Cooper, Strategy GM at the Infrastructure Commission, told Mike Hosking that we should view this number more as motivation than a credible funding number.

He said we have to think smarter about the infrastructure investment decisions we make, as we can't afford to keep paying these big numbers.

LISTEN ABOVE

New research by ASB economists suggests the country faces a trillion-dollar infrastructure bill over the next three decades. 
The report states New Zealand will require up to 700-thousand additional dwellings and associated infrastructure in 30 years as our population balloons. 
It says climate-change pressures are becoming more pressing, with the country’s infrastructure lacking resilience and being heavily exposed to natural disasters. 
The report suggests trade-offs may need to be made, including increased taxes, council rates or user charges. 
Geoff Cooper, Strategy GM at the Infrastructure Commission, told Mike Hosking that we should view this number more as motivation than a credible funding number. 
He said we have to think smarter about the infrastructure investment decisions we make, as we can't afford to keep paying these big numbers. 
LISTEN ABOVE

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

Geoff Cooper: Infrastructure Commission Strategy General Manager on ASB's trillion-dollar infrastructure bill

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. 

 

Tourism: 7/10 

This has been a good vibe week. TRENZ had them coming from everywhere, the sentiment is good, and the numbers are excellent. 

 

Kiwifruit: 9/10 

This story is starting to outshine dairy. Not in numbers, but in terms of growth. At almost $6 billion and booming, this is mana from vines. Add it to dairy and we are laughing. 

 

Chris Hipkins: 2/10 

This has been, far and away, his worst week of the year. Mystery policy detail and the arrogance to say we aren't interested in detail anyway. He is National's election year dream come true. 

 

Trump: 4/10 

We still don’t have a deal, but we do have a slush fund. He looks increasingly tawdry. But he's just as influential – just ask Thomas Massie. 

 

Newstalk ZB: 8/10 

Guess who’s popular? Ratings day yesterday was party day – the audience is up, and on some shows, up a lot. We thank you and appreciate you, as always, from the bottom of our hearts. 

 

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;
Tourism: 7/10&nbsp;
This has been a good vibe week. TRENZ had them coming from everywhere, the sentiment is good, and the numbers are excellent.&nbsp;
&nbsp;
Kiwifruit: 9/10&nbsp;
This story is starting to outshine dairy. Not in numbers, but in terms of growth. At almost $6 billion and booming, this is mana from vines. Add it to dairy and we are laughing.&nbsp;
&nbsp;
Chris Hipkins: 2/10&nbsp;
This has been, far and away, his worst week of the year. Mystery policy detail and the arrogance to say we aren't interested in detail anyway. He is National's election year dream come true.&nbsp;
&nbsp;
Trump: 4/10&nbsp;
We still don’t have a deal, but we do have a slush fund. He looks increasingly tawdry. But he's just as influential – just ask Thomas Massie.&nbsp;
&nbsp;
Newstalk ZB: 8/10&nbsp;
Guess who’s popular? Ratings day yesterday was party day – the audience is up, and on some shows, up a lot. We thank you and appreciate you, as always, from the bottom of our hearts.&nbsp;
&nbsp;
LISTEN ABOVE FOR MIKE HOSKING'S FULL WEEK IN REVIEW&nbsp;

Mark the Week: This has been Chris Hipkins' worst week of the year

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/c1065b26-deac-47bb-ac65-b4510181fbbd/transcript

Another lesson for our Labour Party if they want to ponder it. 

Australia’s Labor have blown their Budget. 

It's hard to overstate the anger and pushback on their tax changes made now well over a week ago. 

Budgets and their news cycle tend to come and go. 

This was different. It was billed as generational. It was seen as transformational and 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 that he would not touch tax. 12 months on, he went back on his word. 

The twist being the blowback came, and it hasn’t stopped coming, and somewhere in the past few days the concern, followed fairly quickly by panic, started to set in at Government level. 

The anger has not been driven by rich, white, old coalition blokes whose myriad of investments would end up being taxed more. 

It's been driven by young Australians who buy shares to save for retirement. Young Australians who start businesses to set up a decent life for themselves and their families. People the Labor Government never saw coming. 

What it shows, and it's an encouraging sign and one I suspect is as relevant here as it is there, is that a decent chunk of our population are not the moaners you hear on the news. They're not the NGO's bleating about their lot. 

They're not the success haters that dominate the news cycle. Rather, they're middle-of-the-road Kiwis and Australians who are quite keen on working hard and getting ahead in life. 

All they have ever asked for is, to use the vernacular, is "a fair suck of the sav". 

You don’t tax success and that’s what Albanese has 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? 

That’s what Labour wants to do here. It's always about more tax. It's never about more success, or larger growth, or bigger pie. 

Got an issue? Short of dough? Tax someone. 

Well, middle Australia isn't interested and they have been out in force showing it. 

Maybe Albanese knew that. Maybe that’s why he lied to get into power so he could do what he's done. 

If that's true then Hipkins is in real trouble, because he hasn’t lied. He's told you it's coming. 

And if we are like Australia, it's not going to go down well. 

Another lesson for our Labour Party if they want to ponder it.&nbsp;
Australia’s Labor have blown their Budget.&nbsp;
It's hard to overstate the anger and pushback on their tax changes made now well over a week ago.&nbsp;
Budgets and their news cycle tend to come and go.&nbsp;
This was different. It was billed as generational. It was seen as transformational and it was seen as Albanese having to spend a decent chunk of political capital, given his tax treatment was based on a lie.&nbsp;
He said in the election campaign of last year that he would not touch tax. 12 months on, he went back on his word.&nbsp;
The twist being the blowback came, and it hasn’t stopped coming, and somewhere in the past few days the concern, followed fairly quickly by panic, started to set in at Government level.&nbsp;
The anger has not been driven by rich, white, old coalition blokes whose myriad of investments would end up being taxed more.&nbsp;
It's been driven by young Australians who buy shares to save for retirement. Young Australians who start businesses to set up a decent life for themselves and their families. People the Labor Government never saw coming.&nbsp;
What it shows, and it's an encouraging sign and one I suspect is as relevant here as it is there, is that a decent chunk of our population are not the moaners you hear on the news. They're not the NGO's bleating about their lot.&nbsp;
They're not the success haters that dominate the news cycle. Rather, they're middle-of-the-road Kiwis and Australians who are quite keen on working hard and getting ahead in life.&nbsp;
All they have ever asked for is, to use the vernacular, is "a fair suck of the sav".&nbsp;
You don’t tax success and that’s what Albanese has had a crack at.&nbsp;
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?&nbsp;
That’s what Labour wants to do here. It's always about more tax. It's never about more success, or larger growth, or bigger pie.&nbsp;
Got an issue? Short of dough? Tax someone.&nbsp;
Well, middle Australia isn't interested and they have been out in force showing it.&nbsp;
Maybe Albanese knew that. Maybe that’s why he lied to get into power so he could do what he's done.&nbsp;
If that's true then Hipkins is in real trouble, because he hasn’t lied. He's told you it's coming.&nbsp;
And if we are like Australia, it's not going to go down well.&nbsp;

Mike's Minute: Aussie Labor have shown NZ Labour what not to do

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/3ab0a126-9e40-4b4f-943b-b451017c889f/transcript

Another week has come to an end, so Kate Hawkesby and Tim Wilson joined Mike Hosking to Wrap the Week that Was. 

They discussed ZB’s latest ratings, some parenting advice, and Kate being banned from making an Amazon account. 

LISTEN ABOVE 

Another week has come to an end, so Kate Hawkesby and Tim Wilson joined Mike Hosking to Wrap the Week that Was.&nbsp;
They discussed ZB’s latest ratings, some parenting advice, and Kate being banned from making an Amazon account.&nbsp;
LISTEN ABOVE&nbsp;

Wrapping the Week with Kate Hawkesby and Tim Wilson: ZB ratings, Kate being banned from Amazon, parenting advice

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/91f399d5-168d-4031-878a-b45101754b74/transcript

Geoff Cooper: Infrastructure Commission Strategy General Manager on ASB's trillion-dollar infrastructure bill

In 1 playlist(s)

The Mike Hosking Breakfast

Social links

Follow podcast

Recent clips