OpenAI is promising to 'do better' as it apologises for the handling of a hack involving Australia's Medicare database. 

The tech giant says it will fund better cyber defences and has scrapped a new model's release over safety concerns. 

Reports suggest the new AI model broke rules, using deception and not following human intent. 

Australia Correspondent Steve Price told Mike Hosking OpenAI is sending one of their senior executives to Canberra to front the inquiry and apologise in person. 

He says major tech companies want to build data centres in Australia, and they don't want something like this to stop them from being able to. 

LISTEN ABOVE 

OpenAI is promising to 'do better' as it apologises for the handling of a hack involving Australia's Medicare database.&nbsp;
The tech giant says it will fund better cyber defences and has scrapped a new model's release over safety concerns.&nbsp;
Reports suggest the new AI model broke rules, using deception and not following human intent.&nbsp;
Australia Correspondent Steve Price told Mike Hosking OpenAI is sending one of their senior executives to Canberra to front the inquiry and apologise in person.&nbsp;
He says major tech companies want to build data centres in Australia, and they don't want something like this to stop them from being able to.&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

Steve Price: Australia Correspondent on OpenAI apologising for the Medicare hack, interest rates

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/4dfdc706-8847-4a0f-9dfe-b4d4014f3422/transcript

Chris Hipkins has been exposed for the fraud he is. 

Having made far too much of the PREFU and all the fiscal magic it would contain, he cornered himself. 

He snookered himself. 

By setting the PREFU release date as the date of revelation, he was always going to have to somehow explain that what we saw yesterday in no way was ever going to reveal the source of the $18 billion they have promised. 

Much smaller irony in the PREFU was the adjusted forecasts for housing. His projections around the CGT are 3%. 

It's 3% after July next year, despite the fact the money is already spent on doctors visits and the like. 

Forecasts have now created real doubt as to what sort of, if any, real return you are going to get from the sector. 

But that’s not his biggest headache. His biggest headache is he has learned nothing about taking our money and wasting it. 

Pay equity is a terrific promise to make when you don’t hold any real level of accountability. And so it was off to PREFU day. 

As we said yesterday, for the Government it was a report card on fiscal credibility and Willis was right; it was a decent result. 

We are tracking, all things considered, pretty well. 

But a lot of the forward projections were premised on the idea that spending going forward was going to remain tight. 

$18 billion more isn't tight and $13 billion for pay equity is not doable. 

So for Hipkins yesterday was a massive credibility issue, as he shot himself in the foot and announced that he won't be telling us at all how he is paying for this. 

There will be a fiscal plan but not a line item. A line item is a number, like how much does it cost and where is the money. 

He's not telling us. 

You know why? Because he's a fraud, an economic vandal and he thinks you're stupid. Do you want to vote for that? 

Go for it. But he is the same bloke who locked you down, didn’t turn up to the Covid inquiry, and part of the same robber baron cabal that virtually ran us broke, and now he's back to play you for a sucker one more time. 

Don’t say you weren't warned. 

Chris Hipkins has been exposed for the fraud he is.&nbsp;
Having made far too much of the PREFU and all the fiscal magic it would contain, he cornered himself.&nbsp;
He snookered himself.&nbsp;
By setting the PREFU release date as the date of revelation, he was always going to have to somehow explain that what we saw yesterday in no way was ever going to reveal the source of the $18 billion they have promised.&nbsp;
Much smaller irony in the PREFU was the adjusted forecasts for housing. His projections around the CGT are 3%.&nbsp;
It's 3% after July next year, despite the fact the money is already spent on doctors visits and the like.&nbsp;
Forecasts have now created real doubt as to what sort of, if any, real return you are going to get from the sector.&nbsp;
But that’s not his biggest headache. His biggest headache is he has learned nothing about taking our money and wasting it.&nbsp;
Pay equity is a terrific promise to make when you don’t hold any real level of accountability. And so it was off to PREFU day.&nbsp;
As we said yesterday, for the Government it was a report card on fiscal credibility and Willis was right; it was a decent result.&nbsp;
We are tracking, all things considered, pretty well.&nbsp;
But a lot of the forward projections were premised on the idea that spending going forward was going to remain tight.&nbsp;
$18 billion more isn't tight and $13 billion for pay equity is not doable.&nbsp;
So for Hipkins yesterday was a massive credibility issue, as he shot himself in the foot and announced that he won't be telling us at all how he is paying for this.&nbsp;
There will be a fiscal plan but not a line item. A line item is a number, like how much does it cost and where is the money.&nbsp;
He's not telling us.&nbsp;
You know why? Because he's a fraud, an economic vandal and he thinks you're stupid. Do you want to vote for that?&nbsp;
Go for it. But he is the same bloke who locked you down, didn’t turn up to the Covid inquiry, and part of the same robber baron cabal that virtually ran us broke, and now he's back to play you for a sucker one more time.&nbsp;
Don’t say you weren't warned.&nbsp;

Mike's Minute: Chris Hipkins has been found out

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/6772aad5-0be5-4cf7-b7e0-b4d4015be461/transcript

A group of skydivers in Wisconsin jumped in to help the victims of a plane crash. 

Shortly after taking off, the group witnessed a small plane banking unusually before disappearing from sight. 

They immediately asked their pilot to identify a safe place to jump, and dropped in to offer aid. 

US Correspondent Richard Arnold told Mike Hosking two of the jumpers had medical experience, with one being a former paramedic, and were able to treat the crash victims until emergency services arrived. 

He says that all four of the people on the plane survived.  

LISTEN ABOVE 

A group of skydivers in Wisconsin jumped in to help the victims of a plane crash.&nbsp;
Shortly after taking off, the group witnessed a small plane banking unusually before disappearing from sight.&nbsp;
They immediately asked their pilot to identify a safe place to jump, and dropped in to offer aid.&nbsp;
US Correspondent Richard Arnold told Mike Hosking two of the jumpers had medical experience, with one being a former paramedic, and were able to treat the crash victims until emergency services arrived.&nbsp;
He says that all four of the people on the plane survived. &nbsp;
LISTEN ABOVE&nbsp;

Richard Arnold: US Correspondent on the AI luncheon, skydivers helping plane crash victims

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/e38ff4f0-ea0d-49f3-a74d-b4d4015a6134/transcript

On the Mike Hosking Breakfast Full Show Podcast for Wednesday 30th of September, it's time for Chris Hipkins to provide the details on how Labour plans to pay for their policies. 

Finance Minister Nicola Willis explains when we might get back to surplus, but unfortunately, it's based on the fact we've never been taxed more. 

Ginny Andersen and Mark Mitchell discuss the passing of Adrian Rurawhe, strategic voting, and Chlöe Swarbrick's desire for the Finance portfolio on Politics Wednesday. 

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 Wednesday 30th of September, it's time for <a href="https://www.newstalkzb.co.nz/on-air/mike-hosking-breakfast/audio/chris-hipkins-labour-leader-on-their-policy-costings-in-the-wake-of-prefu-adrian-rurawhes-death/">Chris Hipkins</a> to provide the details on how Labour plans to pay for their policies.&nbsp;
<a href="https://www.newstalkzb.co.nz/on-air/mike-hosking-breakfast/audio/nicola-willis-finance-minister-on-the-pre-election-economic-and-fiscal-update-showing-a-stronger-outlook-larger-surplus/">Finance Minister Nicola Willis</a> explains when we might get back to surplus, but unfortunately, it's based on the fact we've never been taxed more.&nbsp;
<a href="https://www.newstalkzb.co.nz/on-air/mike-hosking-breakfast/audio/pollies-nationals-mark-mitchell-and-labours-ginny-andersen-on-strategic-voting-the-finance-portfolio-adrian-rurawhe/">Ginny Andersen and Mark Mitchell</a> discuss the passing of Adrian Rurawhe, strategic voting, and Chlöe Swarbrick's desire for the Finance portfolio on Politics Wednesday.&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: 30 September 2026 

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/bf3ecde0-1187-4c12-ace9-b4d4014cf581/transcript

Steve Price: Australia Correspondent on OpenAI apologising for the Medicare hack, interest rates

In 1 playlist(s)

The Mike Hosking Breakfast

Social links

Follow podcast

Recent clips