The Commerce Minister says he's disappointed in businesses who say they will pass on the cost of surcharge scrapping.  

Most in-store surcharges on card payments will be banned, with the changes set to kick in next May.  

Scott Simpson says this is a win for consumers.  

He told Mike Hosking they've also taken action on the fees banks charge businesses.  

Simpson says those rates will be lower following regulation that will kick in at the end of the year.  

LISTEN ABOVE 

The Commerce Minister says he's disappointed in businesses who say they will pass on the cost of surcharge scrapping. &nbsp;
Most in-store surcharges on card payments will be banned, with the changes set to kick in next May. &nbsp;
Scott Simpson says this is a win for consumers. &nbsp;
He told Mike Hosking they've also taken action on the fees banks charge businesses. &nbsp;
Simpson says those rates will be lower following regulation that will kick in at the end of the year. &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

Scott Simpson: Commerce Minister on the Government scrapping in-store card surcharges

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/a4b54ffd-2620-414b-963b-b328015444b2/transcript

On the Mike Hosking Breakfast Full Show Podcast for Thursday 12th of March, the Government is offering a pay rise to non-union primary teachers as the union’s negotiations continue.  

Air NZ CEO Nikhil Ravishankar discussed the price hikes and how long they’ll last, fuel issues, and whether the airline is panicking or not.  

Kiwi shot-putter Tom Walsh is back after dominating the summer circuit in New Zealand and talks his KPIs and prep ahead of the Diamond League season and the Commonwealth Games. 

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 Thursday 12th of March, the Government is offering a <a href="https://www.newstalkzb.co.nz/on-air/mike-hosking-breakfast/audio/erica-stanford-education-minister-on-the-government-offering-pay-rises-to-ten-thousand-non-union-primary-teachers/">pay rise to non-union primary teachers</a> as the union’s negotiations continue. &nbsp;
<a href="https://www.newstalkzb.co.nz/on-air/mike-hosking-breakfast/audio/nikhil-ravishankar-air-new-zealand-ceo-on-the-impact-of-rising-jet-fuel-prices-on-fares-plans-to-cut-flights/">Air NZ CEO Nikhil Ravishankar</a> discussed the price hikes and how long they’ll last, fuel issues, and whether the airline is panicking or not. &nbsp;
Kiwi shot-putter Tom Walsh is back after dominating the summer circuit in New Zealand and talks his KPIs and prep ahead of the Diamond League season and the Commonwealth Games.&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: 12 March 2026 

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/2a84f91b-a4a7-4771-9947-b40a014c92ec/transcript

The exercise industry is making gains. 

New data shows the industry is defying economic headwinds, with 96% of adults —around 2.67 million people— exercising. 

Nearly a million are regularly using structured facilities like gyms and studios, making up 26% of adults – up from 22% in 2024. 

Exercise NZ CEO Richard Beddie told Mike Hosking whereas traditional sport is on a decline worldwide, recreational fitness such as the gym, dance, and martial arts are growing.  

LISTEN ABOVE 

The exercise industry is making gains.&nbsp;
New data shows the industry is defying economic headwinds, with 96% of adults —around 2.67 million people— exercising.&nbsp;
Nearly a million are regularly using structured facilities like gyms and studios, making up 26% of adults – up from 22% in 2024.&nbsp;
Exercise NZ CEO Richard Beddie told Mike Hosking whereas traditional sport is on a decline worldwide, recreational fitness such as the gym, dance, and martial arts are growing. &nbsp;
LISTEN ABOVE&nbsp;

Richard Beddie: Exercise NZ CEO on the rise in adults working out and the use of structured exercise facilities

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/2463ac57-99c8-40d9-b5d6-b40a014c1218/transcript

Keeping the Marsden Point refinery open would not have helped the current fuel supply situation, as the crude oil it refined would have come from the same choke points as overseas refineries, a senior economic advisor says. 

It follows Associate Energy Minister Shane Jones’ statement yesterday that the closure of Marsden Point under Labour had “fatally wounded” New Zealand’s fuel security. 

But according to a 2025 fuel security study for the Government, keeping the privately-owned Marsden Point open would have been the mostly costly resilience option, and would only have bought a little more resilience, Heuser Whittington partner Andreas Heuser told Mike Hosking this morning. 

“There are much better resilience options such as increasing the tankage in New Zealand, and our transition to EVs will also help us.” 

Heuser was confident New Zealand currently had the right settings in place, although it may need to look at updating the minimum stockholding requirements for diesel. 

However, if the situation became more serious and led to rationing, the Petroleum Demand Restraint Act 1981 may need updating to reflect that New Zealand no longer had a domestic refinery. 

LISTEN ABOVE 

Keeping the Marsden Point refinery open would not have helped the current fuel supply situation, as the crude oil it refined would have come from the same choke points as overseas refineries, a senior economic advisor says.&nbsp;
It follows Associate Energy Minister Shane Jones’ statement yesterday that the closure of Marsden Point under Labour had “fatally wounded” New Zealand’s fuel security.&nbsp;
But according to a 2025 fuel security study for the Government, keeping the privately-owned Marsden Point open would have been the mostly costly resilience option, and would only have bought a little more resilience, Heuser Whittington partner Andreas Heuser told Mike Hosking this morning.&nbsp;
“There are much better resilience options such as increasing the tankage in New Zealand, and our transition to EVs will also help us.”&nbsp;
Heuser was confident New Zealand currently had the right settings in place, although it may need to look at updating the minimum stockholding requirements for diesel.&nbsp;
However, if the situation became more serious and led to rationing, the Petroleum Demand Restraint Act 1981 may need updating to reflect that New Zealand no longer had a domestic refinery.&nbsp;
LISTEN ABOVE&nbsp;

Andreas Heuser: Heuser Whittington Partner on New Zealand's fuel security with the conflict in the Middle East, South Korea

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/4a0b5985-2390-43ec-8a09-b40a0146cd74/transcript

Scott Simpson: Commerce Minister on the Government scrapping in-store card surcharges

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