Australasian construction giant Fulton Hogan has recovered from a rough 2025. 

Annual revenue rose from $6.9 billion to $7.3 billion, while after-tax profit jumped from $365 million to $430 million. 

Its profits are now evenly balanced between Australia and New Zealand.  

Infrastructure NZ CEO Nick Leggett told Mike Hosking their success doesn't quite represent the entire construction sector, which is more of a mixed bag. 

He says construction figures are showing stronger activity, but it's been very hard, and there are still design and engineering companies that are laying people off. 

LISTEN ABOVE 

Australasian construction giant Fulton Hogan has recovered from a rough 2025.&nbsp;
Annual revenue rose from $6.9 billion to $7.3 billion, while after-tax profit jumped from $365 million to $430 million.&nbsp;
Its profits are now evenly balanced between Australia and New Zealand. &nbsp;
Infrastructure NZ CEO Nick Leggett told Mike Hosking their success doesn't quite represent the entire construction sector, which is more of a mixed bag.&nbsp;
He says construction figures are showing stronger activity, but it's been very hard, and there are still design and engineering companies that are laying people off.&nbsp;
LISTEN ABOVE&nbsp;

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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

Nick Leggett: Infrastructure NZ CEO on Fulton Hogan's financial recovery, state of the construction sector

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/2da361b4-3b77-4b23-8f54-b4da0155482b/transcript

Retired Supercars legend Garth Tander knows better than most the Bathurst 1000 is won with a mix of skill, strategy and timing. 

The six-time winner, and reigning champion alongside Kiwi Matthew Payne, believes there's a four step process to give yourself the best chance to conquer Mount Panorama. 

However, Tander says that the track has a mind of its own across 1000 kilometres and distributes luck and pain in equal measure. 

He told Mike Hosking it doesn't matter how fast your car is and how good your form is, if it's not your day, it's not your day.  

Tander's also handed down a glowing comparison of Matthew Payne as the Kiwi driver prepares to defend his Bathurst title this weekend.  

He says Payne is building an ability he's only seen in another Kiwi teammate he combined with to win the Great Race twice before: Shane van Gisberg. 

"Shane has this, had this, and still does, has this incredible ability to slow everything down in the car and have extra capacity to think on the run, and Matt's certainly developing that now." 

"He's got all the makings of, you know, being another great Kiwi that we, you guys always seem to send over to Australia." 

LISTEN ABOVE 

Retired Supercars legend Garth Tander knows better than most the Bathurst 1000 is won with a mix of skill, strategy and timing.&nbsp;
The six-time winner, and reigning champion alongside Kiwi Matthew Payne, believes there's a four step process to give yourself the best chance to conquer Mount Panorama.&nbsp;
However, Tander says that the track has a mind of its own across 1000 kilometres and distributes luck and pain in equal measure.&nbsp;
He told Mike Hosking it doesn't matter how fast your car is and how good your form is, if it's not your day, it's not your day. &nbsp;
Tander's also handed down a glowing comparison of Matthew Payne as the Kiwi driver prepares to defend his Bathurst title this weekend. &nbsp;
He says Payne is building an ability he's only seen in another Kiwi teammate he combined with to win the Great Race twice before: Shane van Gisberg.&nbsp;
"Shane has this, had this, and still does, has this incredible ability to slow everything down in the car and have extra capacity to think on the run, and Matt's certainly developing that now."&nbsp;
"He's got all the makings of, you know, being another great Kiwi that we, you guys always seem to send over to Australia."&nbsp;
LISTEN ABOVE&nbsp;

Garth Tander: Retired Supercars champion and Bathurst legend on his career, new biography 'The Finish Line'

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/3672e4f0-8d82-4086-9714-b4da01671f68/transcript

In 2025, author and former UK politician Jeffrey Archer joined Mike Hosking to chat about the final stage of his writing career. 

He's now died at age 86, his publisher Harper Collins saying he died suddenly and peacefully at home.  

At the time, Archer was in the midst of writing his final book, though he had no plans to step back from writing as a whole, telling Hosking he plans on short stories and perhaps a screenplay.  

“This book is, frankly, bigger than ‘Kane and Abel’ as a story,” he said.  

“I’ve got to see if I’ve been able to write it, and frankly, I won’t want to follow it.” 

Said book, titled 'Adam and Eve', is set to be released this month. 

LISTEN ABOVE

In 2025, author and former UK politician Jeffrey Archer joined Mike Hosking to chat about the final stage of his writing career.&nbsp;
He's now died at age 86, his publisher Harper Collins saying he died suddenly and peacefully at home. &nbsp;
At the time, Archer was in the midst of writing his final book, though he had no plans to step back from writing as a whole, telling Hosking he plans on short stories and perhaps a screenplay. &nbsp;
“This book is, frankly, bigger than ‘Kane and Abel’ as a story,” he said. &nbsp;
“I’ve got to see if I’ve been able to write it, and frankly, I won’t want to follow it.”&nbsp;
Said book, titled 'Adam and Eve', is set to be released this month.&nbsp;
LISTEN ABOVE

From the Archives: Jeffrey Archer on the final William Warwick book, writing his final novel

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/561c2ca4-b401-4abf-b0a5-b4da0161310d/transcript

On the Mike Hosking Breakfast Full Show Podcast for Tuesday 6th of October, we get the low down on why fuel prices have never been higher while oil is again, mostly, flowing from the Strait of Hormuz. 

Associate Transport Minister James Meager discusses why the Government is lending more money to regional airlines.  

Supercars champ and Bathurst legend Garth Tander talks his career and new biography ahead of Bathurst this 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 Tuesday 6th of October, we get the low down on why <a href="https://www.newstalkzb.co.nz/on-air/mike-hosking-breakfast/audio/lurion-de-mello-macquarie-university-energy-expert-on-fuel-prices-continuing-to-rise-due-to-the-conflicts-in-the-middle-east-europe/">fuel prices have never been higher</a> while oil is again, mostly, flowing from the Strait of Hormuz.&nbsp;
<a href="https://www.newstalkzb.co.nz/on-air/mike-hosking-breakfast/audio/james-meager-associate-transport-minister-on-the-governments-57m-in-grants-for-regional-airlines/">Associate Transport Minister James Meager</a> discusses why the Government is lending more money to regional airlines. &nbsp;
Supercars champ and Bathurst legend Garth Tander talks his career and new biography ahead of Bathurst this weekend.&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: 06 October 2026 

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/22a786d7-2dff-4648-80d0-b4da0150a559/transcript

Nick Leggett: Infrastructure NZ CEO on Fulton Hogan's financial recovery, state of the construction sector

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