A construction expert worries changes to the Fast Track Bill will limit the number of significant projects.

Infrastructure Minister Chris Bishop yesterday announced Cabinet will recommend changes to the proposed law, to the Environment Select Committee.

It includes switching who has the final say from Ministers to an independent panel.

AUT Construction Expert John Tookey told Mike Hosking he hopes the panel approves projects other than just what politicians want.

He says no government has been willing to do the right thing for the maximum number of people.

LISTEN ABOVE

A construction expert worries changes to the Fast Track Bill will limit the number of significant projects.
Infrastructure Minister Chris Bishop yesterday announced Cabinet will recommend changes to the proposed law, to the Environment Select Committee.
It includes switching who has the final say from Ministers to an independent panel.
AUT Construction Expert John Tookey told Mike Hosking he hopes the panel approves projects other than just what politicians want.
He says no government has been willing to do the right thing for the maximum number of people.
LISTEN ABOVE

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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 Tookey: Construction expert: worries changes to the Fast Track Bill will limit the number of significant projects

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/1f81dbc2-3605-4293-b01c-b1d701566f7d/transcript

Sir Peter Beck is one of the country's greatest ongoing success stories. 

The self-taught engineer turned his love of rockets into a multibillion dollar space company, and Rocket Lab is now the third largest launcher of payloads to orbit. 

He's competing directly with the likes of Jeff Bezos' Blue Origin and Elon Musk's SpaceX, managing to hold his own against the billionaires, and can be credited as the reason New Zealand has a space industry in the first place. 

Although the future of the industry may seem uncertain, Beck's confident in his ability to chart a path forward.  

"The space industry right now is an amazing place," he told Mike Hosking.  

"It's just growing rapidly. Like, it was $360 billion, they reckon it's going to be $1.7 trillion in the next five years."  

"It is really, you know, a new bastion of ... industry and growth."  

Going from being a small player starting his own company to a major corporation answerable to shareholders was a steep curve, Beck said, but one they were able to handle. 

"We've always run the company, you know, incredibly frugally," he explained. 

"We are never gonna outspend Jeff and Elon, so we have to be, you know, much more careful with how we build the company." 

"We have to out-hustle them and out-innovate, and that's the only way we can survive."  

And that ethos of hustling to survive has become a great advantage for the company, Beck's self-described 'workaholism' and drive flowing through into the very culture of Rocket Lab. 

"If you look at the resources and what we try to chieve in the time frames – it's insane," he told Hosking 

"We built two spacecraft that are currently on their way to mars right now, we did that in a couple years ... ten years ago that would be like, a half a decade NASA project, and we did it in two years." 

"The Rocket Lab hustle is everybody's expected to get out their spades and just start digging under the barrier or, you know, climbing over the top of it, or whatever it takes." 

LISTEN ABOVE  

Sir Peter Beck is one of the country's greatest ongoing success stories.&nbsp;
The self-taught engineer turned his love of rockets into a multibillion dollar space company, and Rocket Lab is now the third largest launcher of payloads to orbit.&nbsp;
He's competing directly with the likes of Jeff Bezos' Blue Origin and Elon Musk's SpaceX, managing to hold his own against the billionaires, and can be credited as the reason New Zealand has a space industry in the first place.&nbsp;
Although the future of the industry may seem uncertain, Beck's confident in his ability to chart a path forward. &nbsp;
"The space industry right now is an amazing place," he told Mike Hosking. &nbsp;
"It's just growing rapidly. Like, it was $360 billion, they reckon it's going to be $1.7 trillion in the next five years." &nbsp;
"It is really, you know, a new bastion of ... industry and growth." &nbsp;
Going from being a small player starting his own company to a major corporation answerable to shareholders was a steep curve, Beck said, but one they were able to handle.&nbsp;
"We've always run the company, you know, incredibly frugally," he explained.&nbsp;
"We are never gonna outspend Jeff and Elon, so we have to be, you know, much more careful with how we build the company."&nbsp;
"We have to out-hustle them and out-innovate, and that's the only way we can survive." &nbsp;
And that ethos of hustling to survive has become a great advantage for the company, Beck's self-described 'workaholism' and drive flowing through into the very culture of Rocket Lab.&nbsp;
"If you look at the resources and what we try to chieve in the time frames – it's insane," he told Hosking&nbsp;
"We built two spacecraft that are currently on their way to mars right now, we did that in a couple years ... ten years ago that would be like, a half a decade NASA project, and we did it in two years."&nbsp;
"The Rocket Lab hustle is everybody's expected to get out their spades and just start digging under the barrier or, you know, climbing over the top of it, or whatever it takes."&nbsp;
LISTEN ABOVE &nbsp;

Peter Beck: Rocket Lab CEO and Founder on the company's incredible growth to compete with Elon Musk and Jeff Bezos

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/9ea68d0c-04db-4dbc-be56-b4c0017d19d3/transcript

LIV Golf, the breakaway tour that spent billions of dollars luring top players away from the PGA, has filed for bankruptcy protection in the United States. 

Launched in 2022, free-spending LIV caused shock waves and bitter divisions in the golf world, before losing the backing of its deep-pocketed Saudi investors earlier this year, prompting a scramble to stay afloat. 

The organisation has filed a Chapter 11 petition, which allows a company to reorganise operations while avoiding the initiation of any lawsuits, debt collection, or other attempts to enforce closure. 

Former PGA Golfer Marcus Wheelhouse told Mike Hosking it's possible a new model will emerge from the other side of this, though it will be smaller. 

He says the key is whether the brand will survive from a reputation point of view, as they owe a lot of people and organisations money. 

Wheelhouse says they have a lot of challenges ahead.  

LISTEN ABOVE  

LIV Golf, the breakaway tour that spent billions of dollars luring top players away from the PGA, has filed for bankruptcy protection in the United States.&nbsp;
Launched in 2022, free-spending LIV caused shock waves and bitter divisions in the golf world, before losing the backing of its deep-pocketed Saudi investors earlier this year, prompting a scramble to stay afloat.&nbsp;
The organisation has filed a Chapter 11 petition, which allows a company to reorganise operations while avoiding the initiation of any lawsuits, debt collection, or other attempts to enforce closure.&nbsp;
Former PGA Golfer Marcus Wheelhouse told Mike Hosking it's possible a new model will emerge from the other side of this, though it will be smaller.&nbsp;
He says the key is whether the brand will survive from a reputation point of view, as they owe a lot of people and organisations money.&nbsp;
Wheelhouse says they have a lot of challenges ahead. &nbsp;
LISTEN ABOVE &nbsp;

Marcus Wheelhouse: Former PGA Golfer and Professional Coach on LIV Golf filing for bankruptcy protection

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/42a8020c-2acb-4ccb-be6b-b4c001673545/transcript

On the Mike Hosking Breakfast Full Show Podcast for Wednesday 10th of September, the Ministry for Regulation has released its review of the hospo sector, which should make it easier to do business and help thousands. 

All Blacks winger Jordie Barrett details how they'll tie up the South Africa series in Baltimore this weekend. 

Sir Peter Beck explores the extraordinary rise of Rocket Lab and going up against the likes of Elon Musk and Jeff Bezos to be the number one launch company. 

Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts. 

LISTEN ABOVE  

On the Mike Hosking Breakfast Full Show Podcast for Wednesday 10th of September, the Ministry for Regulation has released its <a href="https://www.newstalkzb.co.nz/on-air/mike-hosking-breakfast/audio/kristy-phillips-hospitality-nz-ceo-on-the-findings-of-the-ministry-for-regulations-review-of-the-hospitality-sector/">review of the hospo sector</a>, which should make it easier to do business and help thousands.&nbsp;
<a href="https://www.newstalkzb.co.nz/on-air/mike-hosking-breakfast/audio/jordie-barrett-all-blacks-midfielder-previews-the-final-springboks-test-of-the-greatest-rivalry-tour/">All Blacks winger Jordie Barrett</a> details how they'll tie up the South Africa series in Baltimore this weekend.&nbsp;
Sir Peter Beck explores the extraordinary rise of Rocket Lab and going up against the likes of Elon Musk and Jeff Bezos to be the number one launch company.&nbsp;
Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts.&nbsp;
LISTEN ABOVE &nbsp;

Full Show Podcast: 10 September 2026 

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/62692daf-215c-49c9-b87c-b4c0015d66fd/transcript

John Tookey: Construction expert: worries changes to the Fast Track Bill will limit the number of significant projects

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