Questions marks surround whether benefits from Crown Regional Holdings investments have been assessed properly.  

More than half of their $433 million loan book is now considered at risk of —or currently in— default. 

Most of the portfolio covers the Provincial Growth Fund and the current Regional Infrastructure Fund.  

Infrastructure NZ Chief Executive Nick Leggett told Mike Hosking we've got to keep demanding accountability from these investments. 

He says we need to better understand why these investment decisions have been made. 

LISTEN ABOVE 

Questions marks surround whether benefits from Crown Regional Holdings investments have been assessed properly. &nbsp;
More than half of their $433 million loan book is now considered at risk of —or currently in— default.&nbsp;
Most of the portfolio covers the Provincial Growth Fund and the current Regional Infrastructure Fund. &nbsp;
Infrastructure NZ Chief Executive Nick Leggett told Mike Hosking we've got to keep demanding accountability from these investments.&nbsp;
He says we need to better understand why these investment decisions have been made.&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

Nick Leggett: Infrastructure NZ CEO on half the Crown Regional Holdings investments risking defaulting

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/0710f0c0-e194-493f-af76-b3ec0139d59e/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

Nick Leggett: Infrastructure NZ CEO on half the Crown Regional Holdings investments risking defaulting

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