Our largest sector is continuing to do it tough. 

Latest data from BNZ and Business NZ shows our services sector —which makes up almost three quarters of the economy— has contracted for the 18th consecutive month. 

Our manufacturing sector is also back in contraction after a period of growth. 

Business NZ Chief Executive Katherine Rich told Mike Hosking we're still seeing a tale of two economies. 

She says the primary sector is doing quite well, but the services sector is continuing to face challenges. 

LISTEN ABOVE 

Our largest sector is continuing to do it tough.&nbsp;
Latest data from BNZ and Business NZ shows our services sector —which makes up almost three quarters of the economy— has contracted for the 18th consecutive month.&nbsp;
Our manufacturing sector is also back in contraction after a period of growth.&nbsp;
Business NZ Chief Executive Katherine Rich told Mike Hosking we're still seeing a tale of two economies.&nbsp;
She says the primary sector is doing quite well, but the services sector is continuing to face challenges.&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

Katherine Rich: Business NZ CEO on the services sector contracting for the 18th consecutive month

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/736948ad-75f8-4ac4-aa43-b35901518c10/transcript

On Saturday night Auckland FC beat Sydney FC to become the A-League champions in their second ever season.

AFC CEO Nick Becker joined Mike Hosking to chat about the win.

LISTEN ABOVE

On Saturday night Auckland FC beat Sydney FC to become the A-League champions in their second ever season.
AFC CEO Nick Becker joined Mike Hosking to chat about the win.
LISTEN ABOVE

Nick Becker: Auckland FC CEO on winning the A-League

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/4d3cec04-fb3f-49e1-9673-b4540175d1a1/transcript

Australia's teal independents could band together to form a new party, according David Pocock, with the aim to push back against the growing influence of One Nation.

The talks are reportedly led by Zali Steggall and Allegra Spender.

Australian correspondent Steve Price says the new party could be the end of the Liberal Party in Australia. 

LISTEN ABOVE

Australia's teal independents could band together to form a new party, according David Pocock, with the aim to push back against the growing influence of One Nation.
The talks are reportedly led by Zali Steggall and Allegra Spender.
Australian correspondent Steve Price says the new party could be the end of the Liberal Party in Australia.&nbsp;
LISTEN ABOVE

Steve Price: Australia correspondent on the latest news poll and potential new teal party

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/e159ef8f-f06f-4249-b42b-b454016871ab/transcript

On the Mike Hosking Breakfast Full Show Podcast for Friday the 22nd of May, is today finally the day we get a deal on Iran, plus raucous sideline sport parents have caused cancellations across the board in Waikato.

The PM is in ahead of the Budget while also talking about Labour's leaked attack strategy.

Jason Pine and Andrew Saville talk the Auckland FC Championship win, Indycar and F1, the Warriors, surfing and some of the better Super Rugby of the season on the weekend.  

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 Friday the 22nd of May, is today finally the day we get a deal on Iran, plus raucous sideline sport parents have caused cancellations across the board in Waikato.
The PM is in ahead of the Budget while also talking about Labour's leaked attack strategy.
Jason Pine and Andrew Saville talk the Auckland FC Championship win, Indycar and F1, the Warriors, surfing and some of the better Super Rugby of the season on the weekend. &nbsp;
Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts.
LISTEN ABOVE

Full Show Podcast: 25 May 2026 

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/f49a495f-bd77-40bd-b72c-b454015d681b/transcript

Katherine Rich: Business NZ CEO on the services sector contracting for the 18th consecutive month

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