1 00:00:01,520 --> 00:00:03,960 Speaker 1: The only drive show you can try the truck to 2 00:00:04,040 --> 00:00:07,040 Speaker 1: ask the questions, you get the answers, find a five 3 00:00:07,280 --> 00:00:11,280 Speaker 1: sack and give the analysis. Here the duplicy elan drive 4 00:00:11,720 --> 00:00:14,960 Speaker 1: with one New Zealand and the power of satellite mobile 5 00:00:15,160 --> 00:00:16,160 Speaker 1: news dog ZB. 6 00:00:17,760 --> 00:00:19,800 Speaker 2: You'd after do here. Weees are starting to open their 7 00:00:19,800 --> 00:00:23,239 Speaker 2: wallets again. Stat's New Zealand card data show spending rows 8 00:00:23,280 --> 00:00:25,799 Speaker 2: two point four percent in February compared with a year ago. 9 00:00:25,880 --> 00:00:28,480 Speaker 2: This is, of course a welcome boost for businesses after 10 00:00:28,560 --> 00:00:31,040 Speaker 2: a tough holiday period and frankly a tough few years. 11 00:00:31,480 --> 00:00:34,040 Speaker 2: Carolyn Young is the CEO of Retail New Zealand. Hi, 12 00:00:34,120 --> 00:00:37,040 Speaker 2: Carolyn Chola, how are you going? I'm very well, thank you. 13 00:00:37,120 --> 00:00:38,559 Speaker 2: What are the highlights in these numbers for you? 14 00:00:39,880 --> 00:00:41,879 Speaker 3: Look, I think the highlight firstly is that we've had 15 00:00:41,920 --> 00:00:45,000 Speaker 3: two positive months in a row. That's we haven't seen 16 00:00:45,040 --> 00:00:47,680 Speaker 3: that in a while. And they're reasonably good numbers, right, 17 00:00:47,760 --> 00:00:50,200 Speaker 3: So it's not like it's zero point one percent increase 18 00:00:50,280 --> 00:00:52,479 Speaker 3: or a point five percent. We had one point one 19 00:00:52,520 --> 00:00:55,080 Speaker 3: percent rise in January, are two point four percent rise 20 00:00:55,080 --> 00:00:59,760 Speaker 3: in February now, notwithstanding we might have some headwinds through 21 00:00:59,760 --> 00:01:02,600 Speaker 3: the new month or two that's a really positive thing 22 00:01:02,640 --> 00:01:06,040 Speaker 3: that we haven't seen for a number of years and 23 00:01:06,520 --> 00:01:09,400 Speaker 3: you know, generally speaking across most parts of the sector, 24 00:01:09,840 --> 00:01:13,480 Speaker 3: So all retailers would have been feeling slightly better about 25 00:01:13,800 --> 00:01:17,839 Speaker 3: the outlock heading into the year. Obviously, the current TM 26 00:01:17,920 --> 00:01:20,840 Speaker 3: all around the international conflict, you know, does put a 27 00:01:20,840 --> 00:01:22,920 Speaker 3: little bit of a dampner on that. But you know, 28 00:01:23,160 --> 00:01:25,600 Speaker 3: let's hope it's a short sharp thing and we can 29 00:01:25,640 --> 00:01:27,000 Speaker 3: get back to business as usual. 30 00:01:27,080 --> 00:01:29,039 Speaker 2: Yeah, I see, hospitals had a bit of a decent boost. 31 00:01:29,080 --> 00:01:31,240 Speaker 2: Now is that us going out more often or is 32 00:01:31,280 --> 00:01:32,559 Speaker 2: that tourism bouncing back. 33 00:01:33,560 --> 00:01:35,679 Speaker 3: It's a bit of both. Really, we're seeing you know, 34 00:01:35,720 --> 00:01:39,120 Speaker 3: good tourism numbers come through. You know, February is a 35 00:01:39,160 --> 00:01:42,120 Speaker 3: really good month for tourism obviously, you know, usually the 36 00:01:42,760 --> 00:01:45,800 Speaker 3: best we're the month in New Zealand. So it's good 37 00:01:45,880 --> 00:01:49,800 Speaker 3: both internally and internally and externally for a domestic and 38 00:01:49,840 --> 00:01:53,040 Speaker 3: international tourism coming in, so, you know, and some great 39 00:01:53,040 --> 00:01:54,960 Speaker 3: events that are on around that time as well. 40 00:01:55,440 --> 00:01:58,720 Speaker 2: Now, how worried are you about what is going on 41 00:01:58,800 --> 00:02:02,040 Speaker 2: and around and it's it's ability to derail our recovery. 42 00:02:03,400 --> 00:02:05,760 Speaker 3: Yeah, Look, it is a concern that you can't get 43 00:02:05,760 --> 00:02:09,160 Speaker 3: away from that. We know that, you know the price 44 00:02:09,200 --> 00:02:12,440 Speaker 3: of crude oil has gone from one hundred dollars a 45 00:02:12,480 --> 00:02:14,400 Speaker 3: barrel to one hundred and ninety dollars a barrel in 46 00:02:14,440 --> 00:02:18,359 Speaker 3: a very short period of time, that getting supplies through 47 00:02:18,400 --> 00:02:21,600 Speaker 3: the Strait is really difficult. We know that freight ships 48 00:02:21,639 --> 00:02:24,880 Speaker 3: are stopping in Singapore for longer. The longer they stop 49 00:02:24,919 --> 00:02:27,880 Speaker 3: in Singapore, we know that you know, they're waiting for 50 00:02:27,960 --> 00:02:30,880 Speaker 3: their boats to be full, and then the price of 51 00:02:30,919 --> 00:02:33,720 Speaker 3: getting the boat from Singapore to here will be much 52 00:02:33,760 --> 00:02:37,280 Speaker 3: higher because the fuel price is higher. Alongside that, the 53 00:02:37,320 --> 00:02:41,320 Speaker 3: insurance costs that these businesses for the shipping has risen 54 00:02:41,360 --> 00:02:43,440 Speaker 3: significantly and they are all costs that are going to 55 00:02:43,440 --> 00:02:45,880 Speaker 3: get passed on once it gets to New Zealand. And 56 00:02:45,919 --> 00:02:49,280 Speaker 3: I think two other quick things. One is we're seeing 57 00:02:49,280 --> 00:02:52,440 Speaker 3: a ten to fifteen percent increased demand and fuel at 58 00:02:52,440 --> 00:02:54,480 Speaker 3: the moment, and that feels like a little bit of 59 00:02:54,480 --> 00:02:59,079 Speaker 3: bannock buying. We need everybody to just keep calm and 60 00:02:59,800 --> 00:03:02,080 Speaker 3: just buy what you need so that we make sure 61 00:03:02,200 --> 00:03:05,840 Speaker 3: one that there's fuel for everyone, and two that for 62 00:03:06,000 --> 00:03:10,840 Speaker 3: the internal distribution of freight getting across New Zealand, that 63 00:03:10,919 --> 00:03:13,040 Speaker 3: there's fuel for those guys. And we don't have to 64 00:03:13,120 --> 00:03:16,399 Speaker 3: have restrictions put on everybody, but we do need everybody 65 00:03:16,440 --> 00:03:18,760 Speaker 3: to get back to their normal spending habits and. 66 00:03:19,240 --> 00:03:21,920 Speaker 2: Fuel restrictions put on everybody. Like you think this is 67 00:03:21,919 --> 00:03:22,919 Speaker 2: something that's going to happen. 68 00:03:24,040 --> 00:03:26,480 Speaker 3: Certainly Mobile have been talking about whether they may need 69 00:03:26,520 --> 00:03:30,320 Speaker 3: to implement some restrictions, you know, if we're for emergency 70 00:03:30,360 --> 00:03:34,880 Speaker 3: services for freight distributors. You know, just really thinking about 71 00:03:36,280 --> 00:03:39,800 Speaker 3: where the fuel is and how quickly we're going through it. 72 00:03:40,040 --> 00:03:42,360 Speaker 3: When you see a ten to fifteen percent demand and 73 00:03:42,400 --> 00:03:45,240 Speaker 3: a number of fuel stations running out of fuel, that 74 00:03:45,480 --> 00:03:49,320 Speaker 3: does cause and it does cause other consumers then to 75 00:03:49,320 --> 00:03:51,120 Speaker 3: think I must go out and get more fuel, which 76 00:03:51,120 --> 00:03:56,520 Speaker 3: causes more demand. So we really want Carol, I heard 77 00:03:56,520 --> 00:03:59,320 Speaker 3: that today, So I think there is some information out there, 78 00:03:59,320 --> 00:04:02,000 Speaker 3: and I know that Minister Willis has been talking in 79 00:04:02,120 --> 00:04:05,080 Speaker 3: cabinet about what are they considering in terms of making 80 00:04:05,080 --> 00:04:08,680 Speaker 3: sure that there is good supply for everyone. 81 00:04:09,200 --> 00:04:12,680 Speaker 2: Listen, just quickly on the citizens arrest thing. Why have 82 00:04:12,840 --> 00:04:15,240 Speaker 2: you guys come out against it when you consider that 83 00:04:15,280 --> 00:04:18,920 Speaker 2: there are dairy owners out there who have their hands 84 00:04:18,920 --> 00:04:21,240 Speaker 2: tied at the moment and can't do anything when they're 85 00:04:21,279 --> 00:04:22,320 Speaker 2: being repeat burgled. 86 00:04:24,080 --> 00:04:26,080 Speaker 3: Look, you know, it's a very complex topic and there 87 00:04:26,120 --> 00:04:28,279 Speaker 3: are lots of things that they can do. What we've 88 00:04:28,320 --> 00:04:30,479 Speaker 3: said to the minister, and we've said to a number 89 00:04:30,520 --> 00:04:36,160 Speaker 3: of other ministers that we're having discussions with, is that 90 00:04:36,200 --> 00:04:39,200 Speaker 3: if you took the current settings of citizens arrest and 91 00:04:39,200 --> 00:04:42,080 Speaker 3: applied them during the daytime, that would work. But we 92 00:04:42,160 --> 00:04:45,240 Speaker 3: don't think that citizens arrest is appropriate for a child. 93 00:04:45,680 --> 00:04:48,880 Speaker 3: We don't think that the right to strike something someone 94 00:04:49,720 --> 00:04:52,760 Speaker 3: in looking at arresting something is something that we want 95 00:04:52,760 --> 00:04:56,000 Speaker 3: New Zealanders to be able to do. We don't think 96 00:04:56,080 --> 00:04:58,680 Speaker 3: that being able to arrest someone for as little as 97 00:04:58,720 --> 00:05:01,200 Speaker 3: a stealing a bottle of wall or bag of lollies 98 00:05:01,680 --> 00:05:04,680 Speaker 3: versus something more substantive as the right setting. So it's 99 00:05:04,720 --> 00:05:08,599 Speaker 3: about the settings not being right for any citizens arrest 100 00:05:08,640 --> 00:05:09,760 Speaker 3: happening during the daytime. 101 00:05:09,880 --> 00:05:11,480 Speaker 2: All right, Carolyn, thank you very much for your time. 102 00:05:11,520 --> 00:05:13,720 Speaker 2: As Carolyn Young retail ends zed CEO. 103 00:05:14,560 --> 00:05:17,760 Speaker 1: For more from Heather Duplessy Allen Drive, listen live to 104 00:05:17,839 --> 00:05:20,960 Speaker 1: News talks 'b from four pm weekdays, or follow the 105 00:05:21,000 --> 00:05:22,680 Speaker 1: podcast on iHeartRadio.