Fonterra appears to have the backing of farmers for its sale of big-name consumer brands. 

The dairy co-op has confirmed plans to sell its consumer arm —which owns Anchor, Mainland and Kapiti— for up to $3 billion. 

It's also set to sell off its Oceania and Sri Lanka businesses. 

Fonterra Co-Operative Council Chair John Stevenson told Mike Hosking farmers have indicated they're open to either a trade sale or an IPO. 

He says farmers want to see the best possible value in any sale, and they will have to a vote on what happens. 

LISTEN ABOVE 

Fonterra appears to have the backing of farmers for its sale of big-name consumer brands.&nbsp;
The dairy co-op has confirmed plans to sell its consumer arm —which owns Anchor, Mainland and Kapiti— for up to $3 billion.&nbsp;
It's also set to sell off its Oceania and Sri Lanka businesses.&nbsp;
Fonterra Co-Operative Council Chair John Stevenson told Mike Hosking farmers have indicated they're open to either a trade sale or an IPO.&nbsp;
He says farmers want to see the best possible value in any sale, and they will have to a vote on what happens.&nbsp;
LISTEN ABOVE&nbsp;

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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

John Stevenson: Fonterra Co-Operative Council Chair on Fonterra selling its consumer brands

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/92854c6e-7d7f-4194-aef2-b22501351af2/transcript

Elon Musk has copped some flak from Italian officials. 

President Sergio Mattarella has told Elon Musk not to interfere in Italian affairs after the billionaire said Rome judges blocking a government anti-immigration initiative should be sent packing.  

Italy Correspondent Jo McKenna told Mike Hosking that Mattarella used very diplomatic language to tell Musk to butt out of Italian politics.  

In response, Musk issued a statement expressing his respect for Mattarella and the Italian constitution, but reaffirmed his intention to continue to freely express his opinions. 

LISTEN ABOVE 

Elon Musk has copped some flak from Italian officials.&nbsp;
President Sergio Mattarella has told Elon Musk not to interfere in Italian affairs after the billionaire said Rome judges blocking a government anti-immigration initiative should be sent packing. &nbsp;
Italy Correspondent Jo McKenna told Mike Hosking that Mattarella used very diplomatic language to tell Musk to butt out of Italian politics. &nbsp;
In response, Musk issued a statement expressing his respect for Mattarella and the Italian constitution, but reaffirmed his intention to continue to freely express his opinions.&nbsp;
LISTEN ABOVE&nbsp;

Jo McKenna: Italy Correspondent on President Sergio Mattarella rebuking Elon Musk for his comments on Italian politics

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/5d404cac-673e-483c-bfb0-b2270177b4e0/transcript

The Treaty Principles Bill gets debated this week, and then off it goes to the committee that will hear a lot of fear mongering and whinging about how it is the end of the world. 

After that it will come back to Parliament, a vote will be had, it won't get the numbers, and it will be dead. 

This is unusual as Governments normally put bills in they know they are going to pass. 

Here is why it ties into Trump's victory last week: 

Trump won because he is the repository for grievance. If you don’t like the left you vote for what's not the left, because you only have a choice of two. 

Under MMP you have more choices. We have taken a lot of time to work that out, but as MMP matures we are reaching a place where more parties will establish themselves as ongoing contributors to the system, as opposed to being seen as fringe and on the verge of survival. 

This Government will be especially helpful if it performs well as a group, gets re-elected and possibly goes for a third term, because it will show three parties can coalesce and agree to disagree, while remaining separate and independent. 

The Greens have already arrived at this place. They are a permanent fixture on the landscape, and they don’t dabble with 5%. 

The point here is, as a result, the big parties will shed support. The days of National being 45%-ish are gone because parties like ACT and New Zealand First look to head towards 10%, if not more. 

The Treaty bill might well be ACT's ride to permanence. 

The same way Trump hoovered up blacks and Hispanics who were sick of being treated like a block and not individuals, ACT could hoover up New Zealanders sick of race-based policy. 

If National don’t, or won't deal to it, ACT can. 

In an MMP environment Trump would not have stood a chance. But their system is less sophisticated than ours. 

Choice is good. It gets over-represented in jurisdictions where the threshold is too low because you end up with single issue nutters. But at 5% it looks like we have picked it right because you can be small without being too fringe. 

Hopefully ACT and New Zealand First break the MMP hoodoo where small parties vanish in Government because there are enough specific issues and enough electoral confidence for parties to stake clams and build support. 

Big parties no longer have to be everything to everyone. 

If this is an emerging trend, MMP will have properly arrived, and we will all be better off for it. 

The Treaty Principles Bill gets debated this week, and then off it goes to the committee that will hear a lot of fear mongering and whinging about how it is the end of the world.&nbsp;
After that it will come back to Parliament, a vote will be had, it won't get the numbers, and it will be dead.&nbsp;
This is unusual as Governments normally put bills in they know they are going to pass.&nbsp;
Here is why it ties into Trump's victory last week:&nbsp;
Trump won because he is the repository for grievance. If you don’t like the left you vote for what's not the left, because you only have a choice of two.&nbsp;
Under MMP you have more choices. We have taken a lot of time to work that out, but as MMP matures we are reaching a place where more parties will establish themselves as ongoing contributors to the system, as opposed to being seen as fringe and on the verge of survival.&nbsp;
This Government will be especially helpful if it performs well as a group, gets re-elected and possibly goes for a third term, because it will show three parties can coalesce and agree to disagree, while remaining separate and independent.&nbsp;
The Greens have already arrived at this place. They are a permanent fixture on the landscape, and they don’t dabble with 5%.&nbsp;
The point here is, as a result, the big parties will shed support. The days of National being 45%-ish are gone because parties like ACT and New Zealand First look to head towards 10%, if not more.&nbsp;
The Treaty bill might well be ACT's ride to permanence.&nbsp;
The same way Trump hoovered up blacks and Hispanics who were sick of being treated like a block and not individuals, ACT could hoover up New Zealanders sick of race-based policy.&nbsp;
If National don’t, or won't deal to it, ACT can.&nbsp;
In an MMP environment Trump would not have stood a chance. But their system is less sophisticated than ours.&nbsp;
Choice is good. It gets over-represented in jurisdictions where the threshold is too low because you end up with single issue nutters. But at 5% it looks like we have picked it right because you can be small without being too fringe.&nbsp;
Hopefully ACT and New Zealand First break the MMP hoodoo where small parties vanish in Government because there are enough specific issues and enough electoral confidence for parties to stake clams and build support.&nbsp;
Big parties no longer have to be everything to everyone.&nbsp;
If this is an emerging trend, MMP will have properly arrived, and we will all be better off for it.&nbsp;

Mike's Minute: Is this MMP working properly?

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/b5b49438-28cf-4ee4-9eda-b22701622b66/transcript

A new approach to land zoning could be the answer to the housing crisis. 

New Zealand’s housing crisis is locking families out of home ownership, but what would happen if local streets and neighbourhoods were the ones to decide what can be built and where?  

Hyperlocal zoning allows the community to vote on potential developments, balancing the preferences of locals with the need for more housing.  

The system has found success over in the States, with housing becoming more accessible and affordable in Houston, Texas.  

Maxim Institute Researcher Thomas Scrimgeour told Mike Hosking that it could either work as an opt-out system or an opt-in, but either way it would need the support of a majority of the community. 

LISTEN ABOVE 

A new approach to land zoning could be the answer to the housing crisis.&nbsp;
New Zealand’s housing crisis is locking families out of home ownership, but what would happen if local streets and neighbourhoods were the ones to decide what can be built and where? &nbsp;
Hyperlocal zoning allows the community to vote on potential developments, balancing the preferences of locals with the need for more housing. &nbsp;
The system has found success over in the States, with housing becoming more accessible and affordable in Houston, Texas. &nbsp;
Maxim Institute Researcher Thomas Scrimgeour told Mike Hosking that it could either work as an opt-out system or an opt-in, but either way it would need the support of a majority of the community.&nbsp;
LISTEN ABOVE&nbsp;

Thomas Scrimgeour: Maxim Institute Researcher discusses hyperlocal zoning

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/46ccb3f1-b7ad-4403-b781-b227015e8d1d/transcript

John Stevenson: Fonterra Co-Operative Council Chair on Fonterra selling its consumer brands

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