The Finance Minister says there's no mandate to reduce the state's shareholding in Genesis Energy. 

The Crown's directing $200 million towards new shares to retain a 51% shareholding in the company, following a $400 million capital raise.  

Nicola Willis told Mike Hosking if we don't take part in this raise, we'd be breaching the law requiring the state to maintain majority ownership – something the coalition's committed to.  

She says we don't want to be a barrier to these energy companies growing in the way New Zealanders need to secure electricity supply. 

LISTEN ABOVE 

The Finance Minister says there's no mandate to reduce the state's shareholding in Genesis Energy.&nbsp;
The Crown's directing $200 million towards new shares to retain a 51% shareholding in the company, following a $400 million capital raise. &nbsp;
Nicola Willis told Mike Hosking if we don't take part in this raise, we'd be breaching the law requiring the state to maintain majority ownership – something the coalition's committed to. &nbsp;
She says we don't want to be a barrier to these energy companies growing in the way New Zealanders need to secure electricity supply.&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

Nicola Willis: Finance Minister on the Government buying $200 million in new Genesis shares

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/d5140a58-282e-4f1d-9b09-b3fa013f0b88/transcript

One of the greatest snow sport athletes of all time is heading to our shores this week. 

Shaun White is launching his new Snow League World Challenge at Cardrona this weekend, the event preceding the league's second season. 

The highly decorated snowboarder told Mike Hosking he's been coming to New Zealand for a long time, and so naturally, he had to bring the league here.  

"It's actually one of my favourite places to go," White said. 

"So when I was thinking about bringing my event, the Snow League, y'know, around the world, I was like, we have to stop in New Zealand." 

Snow League is something White's dreamed of doing since he was competing himself, and says it's been nice to be able to use his voice in the sport to make it better for everyone else.  

"I definitely don't think we're where we want to be – we're growing still, we're trying new things, and that's why we're so excited to come to New Zealand," he told Hosking. 

"But the future is looking bright." 

LISTEN ABOVE  

One of the greatest snow sport athletes of all time is heading to our shores this week.&nbsp;
Shaun White is launching his new Snow League World Challenge at Cardrona this weekend, the event preceding the league's second season.&nbsp;
The highly decorated snowboarder told Mike Hosking he's been coming to New Zealand for a long time, and so naturally, he had to bring the league here. &nbsp;
"It's actually one of my favourite places to go," White said.&nbsp;
"So when I was thinking about bringing my event, the Snow League, y'know, around the world, I was like, we have to stop in New Zealand."&nbsp;
Snow League is something White's dreamed of doing since he was competing himself, and says it's been nice to be able to use his voice in the sport to make it better for everyone else. &nbsp;
"I definitely don't think we're where we want to be – we're growing still, we're trying new things, and that's why we're so excited to come to New Zealand," he told Hosking.&nbsp;
"But the future is looking bright."&nbsp;
LISTEN ABOVE &nbsp;

Shaun White: Highly decorated snowboarder on bringing the Snow League to NZ, upcoming second season

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/d96392c9-a4d6-4955-94b6-b4c5016c376d/transcript

On the Mike Hosking Breakfast Full Show Podcast for Tuesday 15th of September, we've got good news across the board with tourism numbers passing pre-Covid levels, net migration doubling, and the services sector seeing the strongest result in more than two years. 

Is the UK about to split up? Leaders of Wales, Scotland, and Northern Ireland have met to discuss their right to seek independence. 

The G.O.A.T snowboarder and arguably the greatest snow sports athlete, Shaun White is winging his way here to launch his new competition in Cardrona. 

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 15th of September, we've got good news across the board with <a href="https://www.newstalkzb.co.nz/on-air/mike-hosking-breakfast/audio/louise-upston-tourism-minister-on-july-visitor-numbers-surpassing-pre-covid-levels/">tourism numbers passing pre-Covid levels</a>, <a href="https://www.newstalkzb.co.nz/on-air/mike-hosking-breakfast/audio/tobias-tohill-uvisa-immigration-advisor-on-net-migration-hitting-highest-level-in-two-years-at-20-300/">net migration doubling</a>, and the services sector seeing the strongest result in more than two years.&nbsp;
Is the UK about to split up? <a href="https://www.newstalkzb.co.nz/on-air/mike-hosking-breakfast/audio/anand-menon-kings-college-european-politics-and-foreign-affairs-professor-on-the-leaders-of-wales-scotland-and-northern-ireland-pushing-for-independence-from-uk/">Leaders of Wales, Scotland, and Northern Ireland</a> have met to discuss their right to seek independence.&nbsp;
The G.O.A.T snowboarder and arguably the greatest snow sports athlete, Shaun White is winging his way here to launch his new competition in Cardrona.&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: 15 September 2026 

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/542c9860-e001-44b2-b01b-b4c5015d7444/transcript

There's a view friction will linger in the United Kingdom as the leaders from Wales, Scotland, and Northern Ireland want out.  

The three first ministers have signed an agreement overnight, declaring no Westminister government has the right to block democracy. 

It's the first time they've shared the stance since the UK devolution began, with Scotland and Northern Ireland calling for referendums.  

King's College European Politics and Foreign Affairs Professor Anand Menon told Mike Hosking these political parties benefit when there's tension with London.  

He expects the rumbling of discontent to continue as long as this persists, as the leaders opt for political gains. 

LISTEN ABOVE  

There's a view friction will linger in the United Kingdom as the leaders from Wales, Scotland, and Northern Ireland want out. &nbsp;
The three first ministers have signed an agreement overnight, declaring no Westminister government has the right to block democracy.&nbsp;
It's the first time they've shared the stance since the UK devolution began, with Scotland and Northern Ireland calling for referendums. &nbsp;
King's College European Politics and Foreign Affairs Professor Anand Menon told Mike Hosking these political parties benefit when there's tension with London. &nbsp;
He expects the rumbling of discontent to continue as long as this persists, as the leaders opt for political gains.&nbsp;
LISTEN ABOVE &nbsp;

Anand Menon: King's College European Politics and Foreign Affairs Professor on the leaders of Wales, Scotland, and Northern Ireland pushing for independence from UK

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/3c0570ed-8cf1-4d63-a01b-b4c501618a3c/transcript

Nicola Willis: Finance Minister on the Government buying $200 million in new Genesis shares

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