Former Finance Minister Steven Joyce says there are some things worth celebrating amidst a grim outlook on the economy.  

Treasury documents show the Crown's deficit has grown $3.4 billion dollars in the year to June, to $12.9 billion.  

Spending is outpacing income despite revenue increasing by $14 billion. 

Steven Joyce told Mike Hosking that recovery will be tough, but there are some positives shining through. 

He said that while the country’s net debt doubled post-Covid, we’ve got inflation under control. 

LISTEN ABOVE 

Former Finance Minister Steven Joyce says there are some things worth celebrating amidst a grim outlook on the economy. &nbsp;
Treasury documents show the Crown's deficit has grown $3.4 billion dollars in the year to June, to $12.9 billion. &nbsp;
Spending is outpacing income despite revenue increasing by $14 billion.&nbsp;
Steven Joyce told Mike Hosking that recovery will be tough, but there are some positives shining through.&nbsp;
He said that while the country’s net debt doubled post-Covid, we’ve got inflation under control.&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

Steven Joyce: Former Finance Minister on the government's deficit growing by $3.4 billion

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/c9124432-112c-49d2-8894-b205013937be/transcript

An Australian Chief of Staff claims they’ve been bullied out of a job. 

Jo Tarnawsky, former chief of staff to Richard Marles, says she was forced out of her job after seeking help over workplace bullying.  

She claims that the Deputy Prime Minister essentially removed her from her role in a phone call in April, without the proper process.  

Australian Correspondent Murray Olds told Mike Hosking that she’s apparently been locked out of her office since, unable to work. 

He's unsure where this will land, but Olds says the Labour Party needs this like a hole in the head. 

LISTEN ABOVE 

An Australian Chief of Staff claims they’ve been bullied out of a job.&nbsp;
Jo Tarnawsky, former chief of staff to Richard Marles, says she was forced out of her job after seeking help over workplace bullying. &nbsp;
She claims that the Deputy Prime Minister essentially removed her from her role in a phone call in April, without the proper process. &nbsp;
Australian Correspondent Murray Olds told Mike Hosking that she’s apparently been locked out of her office since, unable to work.&nbsp;
He's unsure where this will land, but Olds says the Labour Party needs this like a hole in the head.&nbsp;
LISTEN ABOVE&nbsp;

Murray Olds: Australian Correspondent on Jo Tarnawsky's claims of being bullied out of her job

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/9af97984-0c82-4ed7-a7e8-b20501799fb4/transcript

At the end of each week, Mike Hosking takes you through the big-ticket items and lets you know what he makes of it all. 

 

Ships: 1/10 

Two in a week with issues, one admittedly more serious than the other. What is it with this country and ships? 

 

Nobel Prizes: 8/10 

They get scant coverage in a world that has never been more desperate for brilliance and individuality and the celebration of the human spirit and achievement. 

 

Home ownership: 8/10 

Surely the hero number out of the census - more of us own a home. That's not what the rhetoric will tell you. 

 

Keir Starmer: 3/10 

Have you ever seen a politician take a victory the size of his and cock it up quite so quickly? 

 

Jimmy Spithill: 7/10 

Good guy, great athlete and a very big contributor to the America's Cup. He's quite possibly leaving a bit too soon. 

 

School holidays: 6/10 

They're almost over. Well done all grandparents who did the heavy lifting of grandkids, who on day one seemed cute as but by day seven were ungrateful little snots. 

 

LISTEN ABOVE FOR MIKE HOSKING'S FULL WEEK IN REVIEW 

At the end of each week, Mike Hosking takes you through the big-ticket items and lets you know what he makes of it all.&nbsp;
&nbsp;
Ships: 1/10&nbsp;
Two in a week with issues, one admittedly more serious than the other. What is it with this country and ships?&nbsp;
&nbsp;
Nobel Prizes: 8/10&nbsp;
They get scant coverage in a world that has never been more desperate for brilliance and individuality and the celebration of the human spirit and achievement.&nbsp;
&nbsp;
Home ownership: 8/10&nbsp;
Surely the hero number out of the census - more of us own a home. That's not what the rhetoric will tell you.&nbsp;
&nbsp;
Keir Starmer: 3/10&nbsp;
Have you ever seen a politician take a victory the size of his and cock it up quite so quickly?&nbsp;
&nbsp;
Jimmy Spithill: 7/10&nbsp;
Good guy, great athlete and a very big contributor to the America's Cup. He's quite possibly leaving a bit too soon.&nbsp;
&nbsp;
School holidays: 6/10&nbsp;
They're almost over. Well done all grandparents who did the heavy lifting of grandkids, who on day one seemed cute as but by day seven were ungrateful little snots.&nbsp;
&nbsp;
LISTEN ABOVE FOR MIKE HOSKING'S FULL WEEK IN REVIEW&nbsp;

Mark the Week: What is it with this country and ships?

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/6688cbe1-6067-49a4-abdc-b20501710382/transcript

Another of the small gems to come out of the Census is that we are working less. 

Does that surprise you? It doesn’t remotely surprise me. 

I still connect work with success in the sense that attitude in life is everything and people with the right attitude tend to be successful and work hard. 

They tend to get stuff done, they tend to have ideas, and they tend to be more upbeat, more into life, and more active. 

The malaise that this country has gone through as a result of Covid is reflected in the various approaches to work that have come out of it. We don’t like work, we want four-day weeks, we want to not come to the office, we like the unemployment benefit, and we like quiet quitting. 

There are in fact only 2.6 million of us in work. Think about that. Half the country works, half don’t. That’s not a lot of people to raise the money to pay for all the stuff we want. 

Upon finding out that we work less, good old Radio New Zealand (who else) went straight to the sort of person you would expect to seize upon our approach to work to have them espouse the idea that we should, in fact, work less! 

Yes, they rang some academics. People cloistered away from the real world, to tell us we should be working less. 

Not only did they want us to work less, they proffered the idea that if we worked less our productivity might go up. 

Productivity is the age old debate. The simple truth is we know we are not very productive as a country and we want to improve that, so we have talked about it for literally decades, and yet, have we improved it? No we have not. 

I can tell you for nothing that working less does not productivity improve. 

There are of course smarter ways to work. Set the task and get it done, less mucking around, fewer road cones and smokos and more digging the hole. That sort of thing. 

I was going to say I actually like work. Work is good. You have to enjoy your work of course, and for many I think that is probably part of the productivity issue. If you don't like your job, it's hard to do more of it. 

But enjoyment is a choice and, certainly for most, what you do for a crust is a choice. 

From personal experience, if you love what you do it's not actually work. And maybe if we broke the mindset that work is a problem and work is bad then we wouldn’t be as unproductive, and they might be able to find an academic who says we should work more because it's good for you. 

Another of the small gems to come out of the Census is that we are working less.&nbsp;
Does that surprise you? It doesn’t remotely surprise me.&nbsp;
I still connect work with success in the sense that attitude in life is everything and people with the right attitude tend to be successful and work hard.&nbsp;
They tend to get stuff done, they tend to have ideas, and they tend to be more upbeat, more into life, and more active.&nbsp;
The malaise that this country has gone through as a result of Covid is reflected in the various approaches to work that have come out of it. We don’t like work, we want four-day weeks, we want to not come to the office, we like the unemployment benefit, and we like quiet quitting.&nbsp;
There are in fact only 2.6 million of us in work. Think about that. Half the country works, half don’t. That’s not a lot of people to raise the money to pay for all the stuff we want.&nbsp;
Upon finding out that we work less, good old Radio New Zealand (who else) went straight to the sort of person you would expect to seize upon our approach to work to have them espouse the idea that we should, in fact, work less!&nbsp;
Yes, they rang some academics. People cloistered away from the real world, to tell us we should be working less.&nbsp;
Not only did they want us to work less, they proffered the idea that if we worked less our productivity might go up.&nbsp;
Productivity is the age old debate. The simple truth is we know we are not very productive as a country and we want to improve that, so we have talked about it for literally decades, and yet, have we improved it? No we have not.&nbsp;
I can tell you for nothing that working less does not productivity improve.&nbsp;
There are of course smarter ways to work. Set the task and get it done, less mucking around, fewer road cones and smokos and more digging the hole. That sort of thing.&nbsp;
I was going to say I actually like work. Work is good. You have to enjoy your work of course, and for many I think that is probably part of the productivity issue. If you don't like your job, it's hard to do more of it.&nbsp;
But enjoyment is a choice and, certainly for most, what you do for a crust is a choice.&nbsp;
From personal experience, if you love what you do it's not actually work. And maybe if we broke the mindset that work is a problem and work is bad then we wouldn’t be as unproductive, and they might be able to find an academic who says we should work more because it's good for you.&nbsp;

Mike's Minute: Work more, not less

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/ca148b8b-7c25-4922-bd6e-b205016d7c0f/transcript

Steven Joyce: Former Finance Minister on the government's deficit growing by $3.4 billion

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