The Finance Minister's between a rock and hard place ahead of her budget. 

Moody's has downgraded New Zealand's economic outlook from stable to negative and Treasury officials are revisiting their economic forecasts.  

Nicola Willis says the Government shouldn't be spending more to deal with the fuel crisis, but austerity also isn't the answer. 

Former Treasury Secretary and NZ Initiative Senior Fellow Murray Horn told Mike Hosking borrowing more and more won't work.  

He says all that will do is delay the economic pain and make it worse. 

LISTEN ABOVE 

The Finance Minister's between a rock and hard place ahead of her budget.&nbsp;
Moody's has downgraded New Zealand's economic outlook from stable to negative and Treasury officials are revisiting their economic forecasts. &nbsp;
Nicola Willis says the Government shouldn't be spending more to deal with the fuel crisis, but austerity also isn't the answer.&nbsp;
Former Treasury Secretary and NZ Initiative Senior Fellow Murray Horn told Mike Hosking borrowing more and more won't work. &nbsp;
He says all that will do is delay the economic pain and make it worse.&nbsp;
LISTEN ABOVE&nbsp;

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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

Murray Horn: Former Treasury Secretary and NZ Initiative Senior Fellow on Treasury revising their economic forecasts amid oil shocks

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/d4034eaf-5ab3-4c9c-a0aa-b43501500657/transcript

The CEO of a financial literacy programme for kids believes David Seymour’s youth investment idea has promise.  

The ACT Leader's floating the idea of giving every Year 11 student $500 to learn to invest and be tested on how they're doing. 

The financial literacy course would cover term deposits and risk funds, and any returns could potentially be given back to the students.  

MoneyTime co-founder Neil Edmond told Mike Hosking from a student perspective, it’s an excellent opportunity to get some hands-on experience in investing. 

He says many kids don’t have role models in that area or money to invest, so giving them a bit of a heads up and a head start is a positive thing.  

LISTEN ABOVE 

The CEO of a financial literacy programme for kids believes David Seymour’s youth investment idea has promise. &nbsp;
The ACT Leader's floating the idea of giving every Year 11 student $500 to learn to invest and be tested on how they're doing.&nbsp;
The financial literacy course would cover term deposits and risk funds, and any returns could potentially be given back to the students. &nbsp;
MoneyTime co-founder Neil Edmond told Mike Hosking from a student perspective, it’s an excellent opportunity to get some hands-on experience in investing.&nbsp;
He says many kids don’t have role models in that area or money to invest, so giving them a bit of a heads up and a head start is a positive thing. &nbsp;
LISTEN ABOVE&nbsp;

Neil Edmond: MoneyTime co-founder and CEO on David Seymour's idea to give students the opportunity to learn to invest

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/45228d6c-dc99-42e1-a218-b43501720e39/transcript

Trump aide Karoline Leavitt has denied claims that the ceasefire has been shattered by Iranian forces seizing two cargo ships, because the ships did not belong to the US or Israel. 

US Correspondent Richard Arnold told Mike Hosking two former national security advisors had weighed in, with one calling Leavitt’s claim “utterly incoherent” and another saying it was “very concerning” Iran could still seize ships after six weeks of intensive conflict. 

Meanwhile the New York Times was reporting Iran was being run by a group made up mostly of generals, with the Supreme Leader, Mojtaba Khamenei, still not seen on camera or heard from directly since the initial strikes, Arnold said. 

According to the Times, “written messages to and from the younger Khamenei are delivered through a chain of human couriers who take a convoluted path to his hideout. He appears to rely heavily on the advice of the generals now running the country”, Arnold said. 

Meanwhile Trump was getting “antsy” over Washington politics, with talk of a cabinet shakeup as midterms approached. 

New polling favoured Democrats on the economy for the first time since 2010, while Trump's approval rating was at 32% – the same as George W. Bush’s approval rating when he left office. 

LISTEN ABOVE 

Trump aide Karoline Leavitt has denied claims that the ceasefire has been shattered by Iranian forces seizing two cargo ships, because the ships did not belong to the US or Israel.&nbsp;
US Correspondent Richard Arnold told Mike Hosking two former national security advisors had weighed in, with one calling Leavitt’s claim “utterly incoherent” and another saying it was “very concerning” Iran could still seize ships after six weeks of intensive conflict.&nbsp;
Meanwhile the New York Times was reporting Iran was being run by a group made up mostly of generals, with the Supreme Leader, Mojtaba Khamenei, still not seen on camera or heard from directly since the initial strikes, Arnold said.&nbsp;
According to the Times, “written messages to and from the younger Khamenei are delivered through a chain of human couriers who take a convoluted path to his hideout. He appears to rely heavily on the advice of the generals now running the country”, Arnold said.&nbsp;
Meanwhile Trump was getting “antsy” over Washington politics, with talk of a cabinet shakeup as midterms approached.&nbsp;
New polling favoured Democrats on the economy for the first time since 2010, while Trump's approval rating was at 32% – the same as George W. Bush’s approval rating when he left office.&nbsp;
LISTEN ABOVE&nbsp;

Richard Arnold: US Correspondent on the conflict in the Middle East, ceasefire, Iran seizing container ships

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/7179f15f-8e1a-4ca2-b8dd-b435016b23c2/transcript

The Tourism Minister says SailGP simply wasn't economically viable.

The sailing regatta won't be held in Auckland next year after the Government's withdrew funding for it.

Auckland Council's economic development agency, Tataki Auckland Unlimited, says it's done everything it can to get the fixture across the line.

But Minister Louise Upston told Mike Hosking the numbers ultimately just didn't add up this time around.

She says they need to look at ways to get more people to attend, both locally and from overseas.

LISTEN ABOVE 

The Tourism Minister says SailGP simply wasn't economically viable.
The sailing regatta won't be held in Auckland next year after the Government's withdrew funding for it.
Auckland Council's economic development agency, Tataki Auckland Unlimited, says it's done everything it can to get the fixture across the line.
But Minister Louise Upston told Mike Hosking the numbers ultimately just didn't add up this time around.
She says they need to look at ways to get more people to attend, both locally and from overseas.
LISTEN ABOVE&nbsp;

Louise Upston: Tourism and Hospitality Minister on the Government pulling funding for the 2027 Auckland SailGP event

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/61fb7b56-4ee8-4c6b-98ef-b43501636667/transcript

Murray Horn: Former Treasury Secretary and NZ Initiative Senior Fellow on Treasury revising their economic forecasts amid oil shocks

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