Synlait's boss says the company's facing its toughest period in 20 years, but hopes a turnaround is near. 

The Canterbury milk processor's posted a half year loss of $80.6 million. 

Revenue rose $32 million to $949 million, while debt soared 88$ to $472 million. 

Chief Executive Richard Wyeth told Mike Hosking the next six months are critical. 

He says they've got the sale of a North Island asset coming up but need to catch up on a backlog for advanced nutrition, then they can focus forward. 

LISTEN ABOVE 

Synlait's boss says the company's facing its toughest period in 20 years, but hopes a turnaround is near.&nbsp;
The Canterbury milk processor's posted a half year loss of $80.6 million.&nbsp;
Revenue rose $32 million to $949 million, while debt soared 88$ to $472 million.&nbsp;
Chief Executive Richard Wyeth told Mike Hosking the next six months are critical.&nbsp;
He says they've got the sale of a North Island asset coming up but need to catch up on a backlog for advanced nutrition, then they can focus forward.&nbsp;
LISTEN ABOVE&nbsp;

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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

Richard Wyeth: Synlait CEO on the $80.6 million half-year loss, future of the company

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/ec6bae25-4bef-479b-9bdd-b416013a9dd6/transcript

A major merger in the hotel sector. 

Two local players, Capstone Hotel Management and Marsden Group, are set to merge from April 1st, creating the country’s largest independent hotel platform. 

With around 45 properties and 2,500 rooms, the group is positioned to compete directly with big international hoteliers.  

Marsden CEO Sajad Bassam has been appointed CEO of the combined group, and told Mike Hosking they had two big local businesses performing well independently, and when they saw the opportunity to create something more powerful, they took it. 

He says with international brands expanding into New Zealand, they need the scale of the combined group in order to compete.  

LISTEN ABOVE 

A major merger in the hotel sector.&nbsp;
Two local players, Capstone Hotel Management and Marsden Group, are set to merge from April 1st, creating the country’s largest independent hotel platform.&nbsp;
With around 45 properties and 2,500 rooms, the group is positioned to compete directly with big international hoteliers. &nbsp;
Marsden CEO Sajad Bassam has been appointed CEO of the combined group, and told Mike Hosking they had two big local businesses performing well independently, and when they saw the opportunity to create something more powerful, they took it.&nbsp;
He says with international brands expanding into New Zealand, they need the scale of the combined group in order to compete. &nbsp;
LISTEN ABOVE&nbsp;

Sajad Bassam: Capstone & Marsden Group Merger CEO on the decision to combine the two groups

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/04fa466c-8069-40aa-853b-b416015184ad/transcript

On the Mike Hosking Breakfast Full Show Podcast for Tuesday 24th of March, the Government intends to relax our fuel standards to align with Australia. What does that actually look like, and does it mean we’re bringing in “dirty fuel”? 

NZ Cricket has decided to back the new T20 franchise league. Players Association CEO Heath Mills explains the benefits of the new system.  

Phil Rosenthal from 'Somebody Feed Phil' is coming to NZ and joined for a chat while he was on his elliptical. 

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 24th of March, the <a href="https://www.newstalkzb.co.nz/on-air/mike-hosking-breakfast/audio/shane-jones-associate-energy-minister-on-the-government-changing-fuel-specifications-to-align-with-australia/">Government intends to relax our fuel standards</a> to align with Australia. <a href="https://www.newstalkzb.co.nz/on-air/mike-hosking-breakfast/audio/lurion-de-mello-energy-market-expert-and-senior-lecturer-at-macquarie-university-on-the-changes-to-fuel-import-specifications-to-ease-supply-burden/">What does that actually look like</a>, and does it mean we’re bringing in “dirty fuel”?&nbsp;
NZ Cricket has decided to back the new T20 franchise league. <a href="https://www.newstalkzb.co.nz/on-air/mike-hosking-breakfast/audio/heath-mills-nz-cricket-players-association-ceo-on-nz-cricket-backing-nz20-to-replace-super-smash/">Players Association CEO Heath Mills</a> explains the benefits of the new system. &nbsp;
Phil Rosenthal from 'Somebody Feed Phil' is coming to NZ and joined for a chat while he was on his elliptical.&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: 24 March 2026 

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/7a8afba1-a42b-4976-bbde-b416014c9250/transcript

A T20 cricketing revolution is officially underway in New Zealand. 

The governing body is backing the proposed NZ20 privatised franchise league as a preferred option for the domestic game next season, which already has major association and players' association support. 

NZC say the decision is in principle only. 

Players Association CEO Heath Mills told Mike Hosking the level of interest in the competition and potential teams has been encouraging. 

He says New Zealand is institutionalised to believe we’re too small or don’t have enough money for a league, but other, smaller economies such as the West Indies have had incredibly successful leagues. 

LISTEN ABOVE 

A T20 cricketing revolution is officially underway in New Zealand.&nbsp;
The governing body is backing the proposed NZ20 privatised franchise league as a preferred option for the domestic game next season, which already has major association and players' association support.&nbsp;
NZC say the decision is in principle only.&nbsp;
Players Association CEO Heath Mills told Mike Hosking the level of interest in the competition and potential teams has been encouraging.&nbsp;
He says New Zealand is institutionalised to believe we’re too small or don’t have enough money for a league, but other, smaller economies such as the West Indies have had incredibly successful leagues.&nbsp;
LISTEN ABOVE&nbsp;

Heath Mills: NZ Cricket Players Association CEO on NZ Cricket backing NZ20 to replace Super Smash

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/b791f4b8-d8b5-4150-a2a8-b416014b49ef/transcript

Richard Wyeth: Synlait CEO on the $80.6 million half-year loss, future of the company

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