Latest / Best of Business / THE RE-WRAP: A Seismic Shift

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THE RE-WRAP: A Seismic Shift · Best of Business

• 0:09
  Speaker 1: You're listening to a podcast from Newstalk ZB. Follow this
• 0:13
  Speaker 1: and our wide range of podcasts now on iHeartRadio. The Rewrap.
• 0:23
  Speaker 2: G'day there and welcome to The Rewrap for Friday. All
• 0:25
  Speaker 2: the best bits from the Mike Hosking breakfast on Newstalk
• 0:27
  Speaker 2: ZB in a sillier package. I am Glenn Hunt. Today,
• 0:31
  Speaker 2: more from our With Friends Like These Who Needs Enemies file.
• 0:34
  Speaker 2: We'll mark the week because it is Friday and that
• 0:37
  Speaker 2: is what we do. and then how to succeed in
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  Speaker 2: business according to the HOSC. But let's just round up
• 0:43
  Speaker 2: another week of the campaign. Ah, we're just loving it.
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  Speaker 2: There's been a seismic shift. Or, well, at least a
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  Speaker 2: vague feeling that something has changed.
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  Speaker 3: Very good week for the Nats and by association for
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  Speaker 3: the government in general. I think there's been a shift
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  Speaker 3: with two weeks to go. This is my call. There's
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  Speaker 3: been a shift. The gang drama. Might have just put
• 1:00
  Speaker 3: a nail in Labour's chances of government. Their polling is
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  Speaker 3: now in trouble. The gap to national is now a problem.
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  Speaker 3: Thomas Coghlan's piece yesterday, talking of the issues they found
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  Speaker 3: with a lack of enrolment in South Auckland, seems to
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  Speaker 3: have induced an amount of panic within the party. Not
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  Speaker 3: a lot has gone right for them this week. It's
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  Speaker 3: the combo, as far as I can see. So for
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  Speaker 3: the government, all three players are campaigning well. ACT are
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  Speaker 3: still my medal winners for the week. They remain disciplined,
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  Speaker 3: on message. They, to this point, as far as I
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  Speaker 3: can work out, have not put a foot wrong. Their
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  Speaker 3: leader on each debate, if he doesn't win, he's consistent,
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  Speaker 3: he's clear. Winston, although not as disciplined, turns up enough
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  Speaker 3: when it counts to remind you he's still a force.
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  Speaker 3: And Luxon's week seems to have been about good news.
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  Speaker 3: He's hung out with farmers and kids in areas where
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  Speaker 3: they're fairly blue. He may or may not have won
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  Speaker 3: the debate, but none of the debates have damaged him
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  Speaker 3: in any way, shape or form. The poll movement, even
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  Speaker 3: if he doesn't admit it, will have given him a spring.
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  Speaker 3: And probably most importantly, the poll that had twice as
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  Speaker 3: many of us thinking the economy will be better next
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  Speaker 3: year than think it's worse, is the sort of news
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  Speaker 3: an incumbent can't buy. It may be that their line
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  Speaker 3: is that as we get closer, more people get more engaged,
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  Speaker 3: and the more engaged they get, the more they sit
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  Speaker 3: with the government. That's probably right. This week might have
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  Speaker 3: been the week it settled in towards the coalition. The others,
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  Speaker 3: they look ropey. The Greens in their debate didn't mention
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  Speaker 3: the environment once. Not once. Chloe came on ZB and
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  Speaker 3: sounded like a councillor created by AI. And the Maori
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  Speaker 3: Party threw a ring. He looked as separatist as ever.
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  Speaker 3: One group looked like adults. The other looked messy. And
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  Speaker 3: the Opportunities Party? The polls are now showing a trend.
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  Speaker 3: The air is leaving the balloon. Still touch and go,
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  Speaker 3: but I still say they won't make it. Labour must
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  Speaker 3: be praying they do.
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  Speaker 2: Yeah, the whole top thing is starting to feel a
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  Speaker 2: bit like one of those romantic comedies where people get
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  Speaker 2: married on a whim and then realise that they don't
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  Speaker 2: actually know anything about the other person, any of their
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  Speaker 2: history or... their family, or, you know, there'll be some
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  Speaker 2: terrible secret that comes, yeah, like that. Of course, Labour's
• 3:00
  Speaker 2: terrible secret isn't being very well kept, and it's that
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  Speaker 2: it seems everybody around them, or anywhere near them, belongs
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  Speaker 2: to a gang, and we don't like that, apparently.
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  Speaker 3: As regards the video this morning, have a listen to
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  Speaker 3: the bit that's got the audio in it. You might know,
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  Speaker 3: they're unenrolled to Moats.
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  Speaker 1: And they can have the power to change this government.
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  Speaker 3: Now, the problem with it is there's a lot of,
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  Speaker 3: you know, the visual side of it, and there are
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  Speaker 3: gang members there, and she's hugging them. She's in a
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  Speaker 3: Labour fleecy. She's got the placards. I don't know whether
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  Speaker 3: she's still claiming that's a family event. We've got the
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  Speaker 3: music in the background. A family event with your fleecy on,
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  Speaker 3: with the placards, talking about changing the government. I mean,
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  Speaker 3: that's campaigning at the gang pads. Is it what they
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  Speaker 3: said it was? Is it the same event or is
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  Speaker 3: it a different event? Does Hipkin still stand behind it?
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  Speaker 3: Here's the real problem. Does it pass the pub test?
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  Speaker 3: And the answer is no, it does not. Is it
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  Speaker 3: yet another day where we talk about gangs?
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  Speaker 1: Yes, it is.
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  Speaker 3: Is this thing a nightmare for the Labour Party? And
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  Speaker 3: the other thing you've got to remember, it was just
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  Speaker 3: Greens and Maori Party. It's now the Labour Party as well.
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  Speaker 3: It's all of them, and I think that ultimately is
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  Speaker 3: their major problem.
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  Speaker 2: Yeah, I mean, I feel like if you've got a
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  Speaker 2: family member or a friend who's part of a gang,
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  Speaker 2: you disown them at that point, don't you? I've got
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  Speaker 2: no time for them. And I'm a lefty liberal. But
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  Speaker 2: gangs give me the flying you-know-what. What do you guys think? Actually,
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  Speaker 2: I know what a few of you think, because.
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  Speaker 2: You know, you rode into the show.
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  Speaker 3: Mike, read Labour and the Gang, surely if it's private.
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  Speaker 3: I see this is where, you see, we start to
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  Speaker 3: get into the weeds, and this is the problem with
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  Speaker 3: these stories. A story starts out as a simple thing.
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  Speaker 3: So it's Irene dancing around with the gangs, offering them
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  Speaker 3: state houses and mana and all the other stuff she
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  Speaker 3: was talking about. Then you rope in the Greens, who
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  Speaker 3: Marama doubles down and defends the whole exercise. So Labour
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  Speaker 3: are getting killed by association, but then one of their
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  Speaker 3: Labour people turns up. And you start to get stories
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  Speaker 3: upon stories upon stories. And so she said it was private.
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  Speaker 3: She went and had a family. The family are part
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  Speaker 3: of the gangs. Everybody knows that, she claims. I didn't,
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  Speaker 3: but whatever. So then you got the video, but she's campaigning.
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  Speaker 3: So do you campaign with your family? Do you turn
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  Speaker 3: up in your fleecy with your placard to your family?
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  Speaker 3: You don't surround yourself with Labour paraphernalia. To say she
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  Speaker 3: was not at a gang peg is just taking the
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  Speaker 3: mick and treating us as stupid.
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  Speaker 2: So.
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  Speaker 3: The Hipkins, I assume, what time does Hipkins get up?
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  Speaker 3: About 8, 8.15, something like that? He'll be reading that
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  Speaker 3: this morning and entering another day of campaigning going, I
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  Speaker 3: need this like a hole in the head.
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  Speaker 2: He won't be reading that this morning. He doesn't do that.
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  Speaker 2: He doesn't read things. He doesn't watch things. He never
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  Speaker 2: knows what's going on. He comes on the show all
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  Speaker 2: the time and says, oh, no, I'm not aware of that.
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  Speaker 2: Don't know anything about that. Haven't heard that. He'll be fine.
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  Speaker 1: The Rewrap.
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  Speaker 2: Right.
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  Speaker 3: Let me just check.
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  Speaker 2: Oh, yes, it is Friday. And that's when we mark
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  Speaker 2: the week.
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  Speaker 3: Time now to mark the week. Little piece of news
• 6:15
  Speaker 3: and current events that's more valuable than three and a
• 6:17
  Speaker 3: half kilos of skim milk powder at this week's auction.
• 6:19
  Speaker 3: All Blacks 9. As a two-off series, there were bits of,
• 6:23
  Speaker 3: I mean, that were truly golden, weren't they? And a
• 6:25
  Speaker 3: reminder that the World Cup is well within reach. Olivia Dean, 6.
• 6:29
  Speaker 3: I mean, it's not like we've never put on a
• 6:31
  Speaker 3: concert before. And yet, it seems like every time it's
• 6:34
  Speaker 3: something new. At least she showed up, I guess. Lily Allen.
• 6:38
  Speaker 3: Justin Bieber, 8. What do you mean? With 200 million followers,
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  Speaker 3: what he posted about us is worth its weight 10
• 6:45
  Speaker 3: times over in gold. It's a very good reminder of
• 6:47
  Speaker 3: what a special place we have here and too often
• 6:49
  Speaker 3: take it for granted. Lodestone, 7. An IPO, remember those?
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  Speaker 3: Dairy auction, 9. Not just up, but up a chunk.
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  Speaker 3: Could actually move the farm gate price needle, I would
• 6:59
  Speaker 3: have thought, just when you think it's brilliant. It gets
• 7:01
  Speaker 3: more brilliant. Our New Zealand super fund, 8. Another 14%
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  Speaker 3: reported this week. Return. And over the longer period, consistently
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  Speaker 3: good and one of the best of its type in
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  Speaker 3: the world. I mean, that's what New Zealand is capable of,
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  Speaker 3: for goodness sake. Aisha Verrill, too. It's all starting to
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  Speaker 3: add up. Never had her as a conspiracy theorist as
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  Speaker 3: she went full tin hat and lined up to try
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  Speaker 3: and argue suppression around the enrolment date. Her boss, too.
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  Speaker 2: Not really a target audience for me, to be honest, Mike. Business?
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  Speaker 3: The boardroom. When you dismiss the people who run the businesses,
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  Speaker 3: who provide the taxes, you're not reading the room, boardroom
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  Speaker 3: or any room.
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  Speaker 1: India, eight.
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  Speaker 3: The FTA official this week, let the growth and good
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  Speaker 3: times roll. The poll, seven. When twice as many of
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  Speaker 3: us think the economy will be better in a year
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  Speaker 3: than think it will be worse, it's a very good
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  Speaker 3: sign for better days. Manufacturing, eight. More expansion in a
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  Speaker 3: sector that doesn't really get the noise it deserves. Gangs, one.
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  Speaker 3: I mean, the Maori Party, the Greens and my association
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  Speaker 3: Labour now still couldn't shake it off this week. Could
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  Speaker 3: have been the turning point, I reckon. Liam, eight. And
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  Speaker 3: if sources are right, confirm this weekend for 27 and
• 8:06
  Speaker 3: prove that if you work and deliver, all things are possible.
• 8:09
  Speaker 3: And that is the week. Copies on the website. And
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  Speaker 3: Leafed confirmed this week it is now looking to extract
• 8:13
  Speaker 3: the protein out of marking the week. They think kilo
• 8:16
  Speaker 3: for kilo it will rival alfalfa.
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  Speaker 2: Still can't believe Hipkin said that out of the boardroom.
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  Speaker 2: Even though I've played it back quite a few times now.
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  Speaker 2: Did that really happen? I feel like I've been a
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  Speaker 2: bit mean to Chris Hipkins in this podcast today.
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  Speaker 1: Oh well.
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  Speaker 2: Let's continue a bit of a theme with Mike's, although
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  Speaker 2: I'm not sure how clearly he expressed it here. This
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  Speaker 2: is how to succeed in business, I think, is his
• 8:51
  Speaker 2: general vibe.
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  Speaker 3: You know, I was having a couple of conversations this week,
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  Speaker 3: several conversations. I can't name names, unfortunately. But one of
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  Speaker 3: them is a supermarket. So the supermarket has been sold,
• 9:00
  Speaker 3: and we're watching the supermarket quality go downhill. Now, the
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  Speaker 3: reason I'm telling you this story is a lot of
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  Speaker 3: my perception of the economy at the moment and business
• 9:09
  Speaker 3: within the economy, the media is full of woe and
• 9:11
  Speaker 3: misery in terms of this business has closed its door,
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  Speaker 3: this business is in trouble. I'm increasingly of the view
• 9:18
  Speaker 3: that if you are good at what you do, you
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  Speaker 3: will succeed. And so the supermarket's been sold, new owner
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  Speaker 3: comes in, we're watching the supermarket go downhill in terms
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  Speaker 3: of quality, stocking, staff, the whole thing's useless. The person
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  Speaker 3: who sold the supermarket's gone to another supermarket, that person's
• 9:32
  Speaker 3: exponentially improving the quality of that particular supermarket, right? So
• 9:35
  Speaker 3: it's the individual. So in other words, it's not the business,
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  Speaker 3: it's not the economy, it's the individual. If you want
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  Speaker 3: to work hard and do well, you will do better.
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  Speaker 3: Another company... opened an operation this week. It's next level.
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  Speaker 3: They have other operations in the city that are not
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  Speaker 3: next level. Some of them, the worst example would be
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  Speaker 3: it's diabolical. So within the same branding, you've got an
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  Speaker 3: example of somebody who's useless beyond help, and you've got
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  Speaker 3: somebody who's going to be a success story. So it's
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  Speaker 3: very much the individual and how they approach business that
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  Speaker 3: we should be looking at, not the overall or overarching economy.
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  Speaker 3: Do you see what I'm saying on that?
• 10:11
  Speaker 2: Do you see what he's saying on that? Because I'm
• 10:12
  Speaker 2: not sure that I did see what he was saying
• 10:14
  Speaker 2: on that. That sort of the second half, the second
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  Speaker 2: example wasn't really an example because he didn't really tell.
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  Speaker 1: Us what it was.
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  Speaker 3: Yeah.
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  Speaker 2: And so off air, after all that, I said, I
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  Speaker 2: don't really know what the hell you were talking about there, Mike.
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  Speaker 2: And he said it was also a sort of a
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  Speaker 2: more specialist, not quite a supermarket. That was the kind
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  Speaker 2: of business that it was. So I hope that helped.
• 10:48
  Speaker 2: Maybe you understood what he was on about. I didn't,
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  Speaker 2: so hopefully I've managed to clarify that. for you a
• 10:53
  Speaker 2: little bit, which is kind of my purpose here, really,
• 10:55
  Speaker 2: with this podcast. Just trying to drill down on exactly
• 10:59
  Speaker 2: what the hell Mike Hosking's going on about today. And
• 11:03
  Speaker 2: I'll be back to do that on Tuesday. I think
• 11:06
  Speaker 2: I might have told people on Newstalk ZB to come
• 11:08
  Speaker 2: back on Monday. I hope they don't, because I won't
• 11:10
  Speaker 2: be here. Anyway, sounds like I need a long weekend,
• 11:14
  Speaker 2: and so do you. So let's all have one, and
• 11:16
  Speaker 2: we'll reconvene next week.
• 11:17
  Speaker 1: The Rewrap. The Rewrap. For more from Newstalk ZB, listen
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  Speaker 1: live on air or online and keep our shows with
• 11:30
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