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Speaker 1: The Huddle with New Zealand Southeby's International Realty. Find your

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Speaker 1: one of a kind.

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Speaker 2: You're on News talksz B. It is twenty away from

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Speaker 2: Sex Now Fellow Riley Iron, Duke, Partner's former bost of

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Speaker 2: Business New Zealand, on the Huddle tonight alongside Jack Tame,

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Speaker 2: host of Q and A Saturday mornings on News Talks.

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Speaker 2: Be good evening, How you doing? I think good to

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Speaker 2: have you both here. Fell your summation after the mood

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Speaker 2: of the boardroom today they responses various responses from government ministers.

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Speaker 2: What are you making of it all?

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Speaker 3: Oh, I was just a cry of frustration. I think

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Speaker 3: Ryan and noticed that the opposition isn't too too well over,

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Speaker 3: so you know, it was a bit of a box

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Speaker 3: and everyone's hous in that sense, and I think, you know,

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Speaker 3: I think it is a bit of a cry of frustration.

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Speaker 3: I think it's a bit of a cry of saying,

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Speaker 3: could you please listen to us a bit more. I

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Speaker 3: certainly get some of that feedback from the business community.

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Speaker 3: I didn't expect that. It didn't expect the Prime Minister

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Speaker 3: to fair quite so badly as he did, but certainly,

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Speaker 3: you know, there's some good messages for them there about

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Speaker 3: listening to the business community and taking a bit of

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Speaker 3: advice and feedback. And I think it will turn around

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Speaker 3: as there's the economy starts to turn around. There's an

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Speaker 3: element of that, but there's an element also this this

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Speaker 3: personal stuff I think that needs that he needs to overcome.

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Speaker 2: When you say personal stuff, you mean just likability.

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Speaker 3: Yeah, well, the idea that you know that a lot

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Speaker 3: of the business people are saying, you know, we want

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Speaker 3: to talk to them and we want to give them

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Speaker 3: some feedback, and sometimes that's difficult, and so that there

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Speaker 3: was some there were some some frustrations expressed about that,

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Speaker 3: and of course he'll have a different view on this,

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Speaker 3: but you know, if that's the frustration, then okay, well

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Speaker 3: let's do something about that. But I think, as I say,

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Speaker 3: it's it's as much about the economy as well as

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Speaker 3: as God Thumpson just said. You know, everybody's frustrated about

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Speaker 3: what's happening here, and so that does tend to lead

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Speaker 3: to more difficult relationships. Of course, you know this, you know,

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Speaker 3: this is the story along the along the ease lines

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Speaker 3: all the time. So as the economy starts to pull

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Speaker 3: out and then the green shoots are out there. Everybody,

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Speaker 3: I'm talking to you as a green shoot story to

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Speaker 3: tell me you'd hope that that relationship will improve. Jack.

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Speaker 2: It's interesting because the business community is saying you need

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Speaker 2: to do more, but it's not exactly clear exactly what

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Speaker 2: they want them to do differently, you know what I mean.

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Speaker 4: Yeah, Although I mean that being said, I think the

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Speaker 4: feedback was pretty clear that there feels like there is

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Speaker 4: a communication impart. Right, A lot of people felt like

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Speaker 4: Christopher Luxon came to the job as Prime Minister boasting

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Speaker 4: about his business credentials. I mean, he knows, you know,

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Speaker 4: two thirds of the c suite in New Zealand. So

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Speaker 4: I think a lot of those people would have expected

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Speaker 4: that have the ability to pick up the phone have

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Speaker 4: a yarn every now and then, not have them on

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Speaker 4: SEEDEDWN necessarily, but that their concerns and feedback would be

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Speaker 4: taken on personally from the Prime Minister. And I think

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Speaker 4: the sense you got from the results today was that

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Speaker 4: in the eyes of some of the respondents, at least

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Speaker 4: a meaningful number of them, that at least isn't their

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Speaker 4: feedback At the moment, I've got to say, move the

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Speaker 4: boardroom just get better every year, but it's like every

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Speaker 4: year more the kind of insights that we're getting from

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Speaker 4: the business community are richer. But I actually we can

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Speaker 4: de leep A Fonseka and Business Desk had a great

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Speaker 4: point in his analysis today, as he so often does,

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Speaker 4: and that he said a lot of the frustration being

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Speaker 4: expressed by the respondents wasn't so much directly about the government,

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Speaker 4: but it was they felt that the government's relatively poor

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Speaker 4: performance was making it more likely that a Labor League

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Speaker 4: government would be back in an eighteen months time, and

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Speaker 4: that seemed to be a real kernel of frustration for

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Speaker 4: many of the respondents.

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Speaker 2: Hey, Phil, what did you make of the fact that

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Speaker 2: we've got a or two I see at the Swedish

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Speaker 2: Central Bank coming to head out.

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Speaker 3: Yeah. I checked with some of my Swedish friends just

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Speaker 3: a few hours ago, so you know what's the story.

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Speaker 3: And I hear from them that she's highly regarded in Sweden,

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Speaker 3: so that's very very good. The challenge, though, Ryan, is

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Speaker 3: that Sweden is a very very different economy to New Zual,

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Speaker 3: like really different. It's in the yew economy, it's much wealthier,

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Speaker 3: it's got very different geopolitical stuff you know, it doesn't

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Speaker 3: have the same concentration on China and the Pacific that

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Speaker 3: we do so much less fragile economy. So as always

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Speaker 3: with these overseas appointments, and this is a bit of

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Speaker 3: a thing that goes around Willington from time to time.

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Speaker 3: So they can often walk in as Superman and turn

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Speaker 3: out to be Clark Kent, not because they're not because

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Speaker 3: they're not very good personally, but because they just don't

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Speaker 3: know what's going on in New Zealand. They don't know

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Speaker 3: the people here. It's a small community here in the business,

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Speaker 3: in the business world and the political world, so sometimes

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Speaker 3: they don't go so well because of that. So what

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Speaker 3: will be really important is for this new Reserve Bank

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Speaker 3: governor to get out and talk to the business community,

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Speaker 3: talk to people, talk to community groups, really listen and

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Speaker 3: then put in place a strong team around here. Given

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Speaker 3: the fact the RBS you know, not going so well

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Speaker 3: right now, get a good local team around here and

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Speaker 3: if she does that then there's a good chance she

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Speaker 3: will succeed. But clearly a signal from government that big

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Speaker 3: change was necessary and they've executed that change, haven't they clearly.

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Speaker 2: Yeah, a bit of a new dawn for the Reserve Bank,

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Speaker 2: hopefully Jack. The main thing to get your head around,

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Speaker 2: of course, just the housing market. We're into it, we

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Speaker 2: love it, don't mess with it.

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Speaker 3: Yes, Yes, I just think so.

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Speaker 4: Although Ryan, I think I think it's important to point

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Speaker 4: out that, of course the Reserve Band Governor now sits

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Speaker 4: on a monthary policy committee, not like that one person

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Speaker 4: is a bizarre siding where the ocr should be sitting.

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Speaker 4: I think too that if she can do one thing,

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Speaker 4: and from what I've read of her reputation today, it

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Speaker 4: suggest that she might be well well placed to do this,

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Speaker 4: it's just to improve perceptions around transparency. I just think

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Speaker 4: the last seven months or so that the Bank's reputations

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Speaker 4: has taken a real hit with Adrianaw's departure and the

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Speaker 4: handling of that departure, I think it's I think it's

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Speaker 4: been really damaging. And if she can come in steady

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Speaker 4: the ship and say from the word go and prove

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Speaker 4: from the word go, you know, really show it to

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Speaker 4: people who watch the Bank's movement that she's utterly committed

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Speaker 4: to transparency, I think that'll restore a lot of the confidence.

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Speaker 2: The film the Monetary Policy Committee and you know, the Fed,

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Speaker 2: the Bank of England, the Central Bank in Sweden, they

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Speaker 2: all publish and say which way the members voted, and

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Speaker 2: even in Sweden they tell you the justification for the

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Speaker 2: way they voted too. Would you like to see something

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Speaker 2: like that here?

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Speaker 3: Yep. I think it's a good idea. And I read

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Speaker 3: that set in two and I thought there's something too

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Speaker 3: that it can be a bit scary because we're a

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Speaker 3: small society and a bit passive aggressive, aren't we, as kiwis,

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Speaker 3: and so maybe we don't want to know how Dave voted,

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Speaker 3: or Dave's a bit un comfortable about that, But that's

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Speaker 3: the very point that's being made. I think we should

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Speaker 3: do that. That's actually the very thing to get people

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Speaker 3: debating and to make sure that everybody understands what's going on.

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Speaker 3: She also is quoted in some of the studies she's done,

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Speaker 3: some of the speeches she's done on publishing all turnate scenarios.

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Speaker 3: Here's what we're doing, here's what we could have done.

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Speaker 3: That's another really good way of getting people to understand

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Speaker 3: why the Reserve Bank would be doing what it's doing

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Speaker 3: and why it didn't get down other tracks that people

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Speaker 3: might argue for So I think that kind of pretty

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Speaker 3: clear transparency will be quite important and will actually help

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Speaker 3: her a heck of a lot because it'll enable people

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Speaker 3: to engage with her and to make sure that she

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Speaker 3: understands the New Zealand realities.

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Speaker 2: Fell and Jack on the huddle tonight, be the huddle

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Speaker 2: with New Zealand Southeby's International Realty, the global leader in

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Speaker 2: luxury real estate, welcome back and living to six on newstalk,

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Speaker 2: said the fellow Riley and Jack tame on the Huddle tonight, guys,

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Speaker 2: Torri Farno or Typhoon Tory as some call her. She's

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Speaker 2: talking about not being finished with Wellington yet, Jack potentially

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Speaker 2: going to run for national politics. I know she said

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Speaker 2: this indicated this potentially before what do you what do

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Speaker 2: you reckon the Greens actually think of that?

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Speaker 4: Well, I think internally in the Greens, my understanding of

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Speaker 4: Tory Fano has really strong relationships and that when she

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Speaker 4: was chief of Staff a lot of MPs thought she

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Speaker 4: did a really, really good job. Now I'm not suggesting

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Speaker 4: for a moment that Tory Farno might enjoy nationwide levels

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Speaker 4: of support if she does decide to go down the

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Speaker 4: central government path, but I think it's perfectly conceivable that

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Speaker 4: if in years to come she decides to stand as

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Speaker 4: a Green MP, that she would find herself in Parliament.

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Speaker 4: I don't think it's that crazy ideas, okay.

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Speaker 2: Even though you know when you point to Wellington and

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Speaker 2: say that's you know, that's that's Missiqe.

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Speaker 4: Whether or not she would whether or not she would

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Speaker 4: win a seat in Wellington, if she would have stand

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Speaker 4: as the Welling con Central candidate or that all the

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Speaker 4: high candidate, that might be a different question entirely. But

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Speaker 4: I think I think from my understanding, her reputation from

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Speaker 4: her time as a chief of staff for the Green

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Speaker 4: Party is pretty strong, at least in that party. So

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Speaker 4: I can see that having the support internally to get

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Speaker 4: a relatively high position on the list in years to come.

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Speaker 4: And you know, central government is quite different to local government.

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Speaker 4: So if you know, Tory decides that she wants to

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Speaker 4: stay in politics, and I can see at the very

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Speaker 4: least her having sufficient support from within the Greens to

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Speaker 4: maybe make that a reality.

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Speaker 2: They need a chief of staff actually at the moment,

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Speaker 2: maybe she could pose you on back of the phil

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Speaker 2: what do you make exactly, what do you make phil

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Speaker 2: of the car parks. This idea that we kiwis would

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Speaker 2: have to pay as well as the overseas tourists to

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Speaker 2: park at some Mount Cock some of our national parks.

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Speaker 3: Well, when you when you go send me the story.

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Speaker 3: This afternoon, I went into a newspaper and look at it.

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Speaker 3: I thought, why are we even baiting that? Why can't

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Speaker 3: DOC charge you to park in a car pack, particularly

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Speaker 3: when it's a very busy car park and a lot

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Speaker 3: of people want to go there. We park to go

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Speaker 3: to a shop, or we parke to do It's this

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Speaker 3: idea that somehow the Department of Conservation is some god

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Speaker 3: given thing that we all get for free is ridiculous.

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Speaker 3: It's a very very sixties and seventies thought. Doc's got

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Speaker 3: to pay for itself and it's going to kind of

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Speaker 3: staff for the tax payer. Do that more, particularly locals

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Speaker 3: getting cheap parking and I'm going to fly all the

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Speaker 3: way down there. I don't get advantage of Mount Cook

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Speaker 3: very easily, So why not Why don't we have a

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Speaker 3: big good bit of user pays here? I agree, and

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Speaker 3: DOC should do more of it, not less, might you?

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Speaker 2: Yeah, because we do complain when the tracks aren't fixed

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Speaker 2: after a storm and it's like, well, where do you

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Speaker 2: think that's coming from?

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Speaker 4: So yeahciously, h Jack, you have a view. There's a

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Speaker 4: balance to be had, right, Like I think for somewhere

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Speaker 4: like oh Loucky Mount Cook, it's a perfectly reasonable thing

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Speaker 4: to give it a crack, Like it's I mean, you

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Speaker 4: only go there if you go in there right to

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Speaker 4: Mount Cook. It's not really on the way to anywhere,

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Speaker 4: and you know, the facilities are very expensive to maintain,

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Speaker 4: so I think it's a perfectly reasonable idea to give

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Speaker 4: that a crack. Where I think it would overstep the

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Speaker 4: line is if we saw charges for entering every national

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Speaker 4: park in the country or you know, every dock car

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Speaker 4: park in the country, so that we got to a

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Speaker 4: point where New Zealanders decided, actually they wouldn't get out

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Speaker 4: into nature quite so much. I think that would be

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Speaker 4: a bit of an issue. But for big ticket destination

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Speaker 4: spots like Alducky, yeah, give it a crack.

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Speaker 2: Outgoes check Tame fellow Riley on the Huddle Cheers guys.

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Speaker 1: For more from Hither Duplessy Allen Drive, listen live to

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Speaker 1: news talks they'd be from four pm weekdays, or follow

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