1
00:00:00,200 --> 00:00:02,920
Speaker 1: The Herald's annual Mood of the Boardroom is out. CEOs

2
00:00:02,920 --> 00:00:05,360
Speaker 1: and directors say they like the Prime Minister, they like

3
00:00:05,440 --> 00:00:08,959
Speaker 1: the Finance Minister, they like the Education Minister, Erica Stanford especially,

4
00:00:08,960 --> 00:00:11,280
Speaker 1: but they don't like Adrian All, the Reserve Bank governor.

5
00:00:11,680 --> 00:00:13,680
Speaker 1: And the thing that they're most worried about in this

6
00:00:13,720 --> 00:00:16,639
Speaker 1: country right now is energy prices. The Warehouse Group chairperson

7
00:00:16,720 --> 00:00:18,040
Speaker 1: Dame Joan With has took part in.

8
00:00:18,000 --> 00:00:19,680
Speaker 2: A warning Joan Morning, Heather.

9
00:00:19,880 --> 00:00:22,440
Speaker 1: I'm fascinated by your top three issues because I agree

10
00:00:22,480 --> 00:00:25,599
Speaker 1: wholeheartedly with your education and truancy. But why did you

11
00:00:25,640 --> 00:00:26,319
Speaker 1: put that in there?

12
00:00:27,160 --> 00:00:30,040
Speaker 2: I think living in South Auckland, you know, it's from

13
00:00:30,040 --> 00:00:33,160
Speaker 2: my entire married life and just seeing what's happening and

14
00:00:33,479 --> 00:00:35,879
Speaker 2: operating a bit more in Central City in terms of

15
00:00:35,920 --> 00:00:40,320
Speaker 2: my business and corporate activities, I just see the disconnect

16
00:00:40,440 --> 00:00:43,160
Speaker 2: and I think we've got major issues if we don't

17
00:00:43,159 --> 00:00:45,640
Speaker 2: address this. I think the government are marked with some

18
00:00:45,680 --> 00:00:48,120
Speaker 2: really good moves, but I think it's got to be

19
00:00:48,159 --> 00:00:51,839
Speaker 2: an imperative because it really underpins the future of New Zealand,

20
00:00:52,320 --> 00:00:54,639
Speaker 2: not only in terms of the caliber of what we

21
00:00:54,680 --> 00:00:57,800
Speaker 2: do and how we grow as an economy, but I

22
00:00:57,840 --> 00:01:00,680
Speaker 2: think by making sure we don't leave people behind as

23
00:01:00,680 --> 00:01:04,240
Speaker 2: far as education is concerned, we are doing something to

24
00:01:04,280 --> 00:01:09,039
Speaker 2: mitigate the risk of social disruption and disconnect such as

25
00:01:09,040 --> 00:01:11,240
Speaker 2: we've seen in other jurisdictions around the world.

26
00:01:12,240 --> 00:01:14,360
Speaker 1: There seems to be a general consensus as well, just

27
00:01:14,360 --> 00:01:17,360
Speaker 1: on other cabinet ministers, that Chris Luxen and Nikola Willis

28
00:01:17,400 --> 00:01:19,480
Speaker 1: are both doing well but sort of still need to

29
00:01:19,520 --> 00:01:20,959
Speaker 1: prove themselves. Would you agree with that.

30
00:01:21,680 --> 00:01:24,960
Speaker 2: I think they've done incredibly well. I think they have

31
00:01:25,319 --> 00:01:29,440
Speaker 2: addressed the key issues upfront or tried to do as

32
00:01:29,520 --> 00:01:32,440
Speaker 2: much as they can, which is stabilizing the economy, trying

33
00:01:32,480 --> 00:01:36,000
Speaker 2: to get gross back, getting inflation down. But I think,

34
00:01:36,040 --> 00:01:38,600
Speaker 2: you know, having just had the chance to glance through

35
00:01:38,640 --> 00:01:42,400
Speaker 2: the article in this morning's Herald, certain consensus from business

36
00:01:42,400 --> 00:01:44,520
Speaker 2: people is right now we need to pivot. We need

37
00:01:44,560 --> 00:01:46,639
Speaker 2: to get on with things. We need to start thinking

38
00:01:46,680 --> 00:01:50,720
Speaker 2: about our future and get on with maximizing the New

39
00:01:50,800 --> 00:01:54,800
Speaker 2: Zealand's opportunity both to MESSIPLEEP but also obviously in terms

40
00:01:54,840 --> 00:01:56,000
Speaker 2: of our place in the world.

41
00:01:56,320 --> 00:01:59,440
Speaker 1: Yes, so are you looking for a little bit of

42
00:01:59,440 --> 00:02:01,320
Speaker 1: that big picture stuff about where they take us?

43
00:02:02,160 --> 00:02:05,240
Speaker 2: I think that would be good. I totally understand that

44
00:02:05,400 --> 00:02:09,280
Speaker 2: the hierarchy of priorities and you know, the economy is

45
00:02:09,320 --> 00:02:13,320
Speaker 2: still doing it really tough, and it's interesting reading that.

46
00:02:14,440 --> 00:02:18,440
Speaker 2: You know, people are probably more positive about the future,

47
00:02:18,520 --> 00:02:21,720
Speaker 2: but a lot of companies are seeing the hero and

48
00:02:21,800 --> 00:02:25,400
Speaker 2: now is pretty grim. So the government really had to

49
00:02:25,440 --> 00:02:28,600
Speaker 2: address that. But yeah, I think we all want to

50
00:02:28,600 --> 00:02:30,959
Speaker 2: put our chins up and say, where's New Zealand's case

51
00:02:31,000 --> 00:02:32,399
Speaker 2: in the world going forward? Yeah?

52
00:02:32,680 --> 00:02:35,640
Speaker 1: Would you agree with the sentiment which comes through really

53
00:02:35,680 --> 00:02:39,080
Speaker 1: strongly that Adrian or has completely overcooked us in both directions.

54
00:02:39,840 --> 00:02:42,919
Speaker 2: I'm not prepared to comment on Adrian's performance as governor

55
00:02:43,000 --> 00:02:46,000
Speaker 2: of the Reserve Bancome a director of vein Zed. I

56
00:02:46,040 --> 00:02:48,560
Speaker 2: can understand how difficult it is, and I think even

57
00:02:48,639 --> 00:02:50,720
Speaker 2: now if you read some of the articles, I think

58
00:02:50,800 --> 00:02:53,120
Speaker 2: people are saying, yes, maybe for the cycle, we're on

59
00:02:53,200 --> 00:02:57,360
Speaker 2: top of we're on top of inflation. But you know,

60
00:02:57,760 --> 00:03:01,640
Speaker 2: I can understand that that essential, that he got that

61
00:03:01,800 --> 00:03:06,760
Speaker 2: under control. It's just now about how quickly people respond

62
00:03:06,960 --> 00:03:10,280
Speaker 2: to an ocr cut with've seen one, what happens next,

63
00:03:11,120 --> 00:03:14,720
Speaker 2: and you're just making sure that we don't all the

64
00:03:15,240 --> 00:03:16,639
Speaker 2: momentum now going.

65
00:03:16,480 --> 00:03:19,720
Speaker 1: Forward, what are you looking for Joanyrique, are you putting

66
00:03:19,720 --> 00:03:21,680
Speaker 1: your money on twenty five or fifty next week?

67
00:03:21,960 --> 00:03:25,040
Speaker 2: Well, I'm praying for fifty.

68
00:03:24,040 --> 00:03:26,320
Speaker 1: Yeah, aren't we all? J Joan, thank you are really appreciated.

69
00:03:26,400 --> 00:03:29,480
Speaker 1: Dame Joan with as the Warehouse Group chairperson. For more

70
00:03:29,560 --> 00:03:32,640
Speaker 1: from the Mic Asking Breakfast, listen live to news talks

71
00:03:32,639 --> 00:03:35,840
Speaker 1: they'd be from six am weekdays, or follow the podcast

72
00:03:35,880 --> 00:03:36,760
Speaker 1: on iHeartRadio