Mark the Week: The fuel excise debate is fantastically disappointing
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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.
Cars: 7/10
New car sales are up 20%. If that isn't a sign of confidence, I don’t know what is.
The excise debate: 3/10
Fantastically disappointing. Labour at $4.6 billion is sad, but not surprising. The Government at $1.6 billion and borrowing. Come on, we wanted, needed, and expected better.
The bond markets: 4/10
It's why we shouldn’t have done the excise business. Money is expensive and getting more so, and no one seems to see debt for what it is – a big fat red flag.
Aeroplane gate: 4/10
Honestly, the coolest flyover ever until the wowsers got hold of it. And the wowsers don’t even know how to fly a plane.
Less booze: 6/10
I think it’s the future. The numbers are down and they will never recover. Between health, fitness, and GLP-1s, the world is different.
LISTEN ABOVE FOR MIKE HOSKING'S FULL WEEK IN REVIEW
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