1 00:00:00,720 --> 00:00:04,040 Speaker 1: The huddle with New Zealand Southerby's International Realty, a name 2 00:00:04,120 --> 00:00:06,279 Speaker 1: you can trust locally and globally. 3 00:00:06,360 --> 00:00:08,240 Speaker 2: Right on the huddles to me this evening, Bridget Morton, 4 00:00:08,320 --> 00:00:10,800 Speaker 2: lawyer and director at Frank Ogilvy and Craig GREENNY Council 5 00:00:10,880 --> 00:00:13,920 Speaker 2: of Trade Union's economist. Hello, are you too good? 6 00:00:13,920 --> 00:00:14,239 Speaker 3: Eight thing? 7 00:00:14,920 --> 00:00:15,880 Speaker 1: Good evening, Craig. 8 00:00:15,920 --> 00:00:18,440 Speaker 2: What's the bad blood between peni he Nadai and Chris Hipkins. 9 00:00:19,440 --> 00:00:24,160 Speaker 4: I have absolutely no idea. I heard the announcement this afternoon. 10 00:00:24,600 --> 00:00:27,040 Speaker 4: I'm not sure there actually is any bad blood. I 11 00:00:27,080 --> 00:00:29,120 Speaker 4: hope you. Penny has made a statement in that he 12 00:00:29,160 --> 00:00:32,960 Speaker 4: wants to leave Parliament for family, for health, for other reasons. 13 00:00:33,120 --> 00:00:35,639 Speaker 4: I've got absolutely no reason to doubt that the validity 14 00:00:35,640 --> 00:00:36,800 Speaker 4: of that statement at all. 15 00:00:37,240 --> 00:00:39,800 Speaker 2: Bridget, Have you heard any gossip because something weird's going on? 16 00:00:39,840 --> 00:00:42,199 Speaker 2: I mean, Chilby wouldn't even beck pene Henadi when he 17 00:00:42,240 --> 00:00:43,800 Speaker 2: was asked multiple times to do it. 18 00:00:44,880 --> 00:00:46,840 Speaker 3: Yeah, I mean, it does seem like there is something 19 00:00:47,320 --> 00:00:49,199 Speaker 3: deeper going on there. But I mean I think you're 20 00:00:49,280 --> 00:00:51,640 Speaker 3: going probably to the heart of what is happening in 21 00:00:51,720 --> 00:00:54,600 Speaker 3: terms of the Labour Party reshuffling itself internally. You know, 22 00:00:55,000 --> 00:00:57,160 Speaker 3: the election this year, they've got to make some tough decisions. 23 00:00:57,160 --> 00:00:59,520 Speaker 3: But who's on the front beach whose policies are you 24 00:00:59,600 --> 00:01:01,240 Speaker 3: not going to say, vibe from sort of the twenty 25 00:01:01,240 --> 00:01:03,480 Speaker 3: twenty three election, what's not going to survive? So I 26 00:01:03,480 --> 00:01:06,119 Speaker 3: think we'll see plenty of these kind of discussions going forward. 27 00:01:06,319 --> 00:01:08,400 Speaker 2: Do you think, yeah, Bridgeman to say with you, do 28 00:01:08,480 --> 00:01:12,360 Speaker 2: you think that the show of unity was worthwhile or 29 00:01:12,400 --> 00:01:15,000 Speaker 2: actually counter productive in that it reminded us that the 30 00:01:15,040 --> 00:01:17,960 Speaker 2: only way Chippy gets the power, at least his best 31 00:01:18,000 --> 00:01:20,959 Speaker 2: wished at the moment, is with that lot attached to him. 32 00:01:21,520 --> 00:01:23,600 Speaker 3: Yeah. I mean it seems a little odd that Labor 33 00:01:23,640 --> 00:01:25,200 Speaker 3: and the Queens felt like they had to come out 34 00:01:25,200 --> 00:01:27,319 Speaker 3: and say that that friends. I mean, everyone knows that 35 00:01:27,400 --> 00:01:29,840 Speaker 3: they would work together on the left and that's not 36 00:01:29,840 --> 00:01:32,520 Speaker 3: a surprise to anyone. And I do think there is risk. 37 00:01:32,680 --> 00:01:35,360 Speaker 3: I think just take the capital gains tax for instance. 38 00:01:35,800 --> 00:01:38,560 Speaker 3: Labour's going to campaign hard on what that they presented 39 00:01:38,680 --> 00:01:41,120 Speaker 3: late last year is the boundaries of the capital gains 40 00:01:41,120 --> 00:01:43,399 Speaker 3: tax are not going to touch anything else. But chlos 41 00:01:43,440 --> 00:01:46,600 Speaker 3: Warbrook has been very emphatic about the fact that that 42 00:01:46,680 --> 00:01:49,440 Speaker 3: caperal gains tax doesn't touch cut the mustard. They were 43 00:01:49,720 --> 00:01:53,480 Speaker 3: massively expanded. They want to inherit in tax considerably more taxing 44 00:01:53,480 --> 00:01:55,680 Speaker 3: of people. Is Labour going to be able to sort 45 00:01:55,680 --> 00:01:58,320 Speaker 3: of hold the line in this cozy relationship, but there's 46 00:01:58,360 --> 00:01:59,080 Speaker 3: not going to be more. 47 00:01:58,920 --> 00:02:00,600 Speaker 1: Tax and Craig, this is going to be your guys' 48 00:02:00,600 --> 00:02:01,200 Speaker 1: biggest problem. 49 00:02:01,280 --> 00:02:04,160 Speaker 2: Isn't it that at the moment, sure the Labor Party 50 00:02:04,200 --> 00:02:06,960 Speaker 2: is outpolling the National Party because you guys are saying nothing. 51 00:02:07,000 --> 00:02:08,839 Speaker 2: But the minute you go to the election, you start 52 00:02:08,880 --> 00:02:11,320 Speaker 2: talking about your capital gains text plus there where wealth 53 00:02:11,360 --> 00:02:12,639 Speaker 2: texts and all the other Texas. 54 00:02:13,280 --> 00:02:15,320 Speaker 1: It's just your vote shere is just going to drop, 55 00:02:15,360 --> 00:02:15,680 Speaker 1: isn't it. 56 00:02:16,680 --> 00:02:18,880 Speaker 4: I don't think there's been lots of talk about other taxes, 57 00:02:18,919 --> 00:02:20,480 Speaker 4: but what I would say is that isn't it nice 58 00:02:20,480 --> 00:02:23,240 Speaker 4: to see two political parties that can actually work together. 59 00:02:23,880 --> 00:02:26,160 Speaker 4: We've seen earlier this month David Seymour telling us that 60 00:02:26,200 --> 00:02:28,280 Speaker 4: if he gets elected back into office, he's going to 61 00:02:28,280 --> 00:02:32,600 Speaker 4: reopen the Treaty Principles build. We've got national promising assets 62 00:02:32,600 --> 00:02:35,120 Speaker 4: sales and I'm not exactly sure how that's going to 63 00:02:35,200 --> 00:02:39,000 Speaker 4: work with New Zealand. First, that's implacably opposed to asset sales. 64 00:02:39,440 --> 00:02:42,680 Speaker 4: So it's really nice to see two political parties working together. 65 00:02:42,680 --> 00:02:47,560 Speaker 4: They've worked together in the past, obviously in twenty seventeen government, 66 00:02:47,800 --> 00:02:50,000 Speaker 4: so I don't think it's a particular problem, and I 67 00:02:50,000 --> 00:02:51,880 Speaker 4: think actually fought for the public. It's really nice to 68 00:02:51,880 --> 00:02:54,519 Speaker 4: have the refreshing to able to see politicians see yep, 69 00:02:54,560 --> 00:02:58,200 Speaker 4: we're independent parties, but we have a shared goal, which 70 00:02:58,240 --> 00:03:00,720 Speaker 4: is a different form of government and a government that's 71 00:03:00,760 --> 00:03:03,160 Speaker 4: actually going to work for New Zealanders rather than one 72 00:03:03,200 --> 00:03:07,200 Speaker 4: as Chloe said, that's actually not working for them. Right now, All. 73 00:03:07,200 --> 00:03:08,480 Speaker 1: Right, guys, we'll take a break. Came back to you 74 00:03:08,520 --> 00:03:13,240 Speaker 1: shortly the huddle with New Zealand Southeby's International Realty, the 75 00:03:13,320 --> 00:03:15,040 Speaker 1: only truly global brand. 76 00:03:15,280 --> 00:03:17,720 Speaker 2: Right, you're back of the huddle. Craig Grainny and Bridget Morton. Craig, 77 00:03:17,760 --> 00:03:19,880 Speaker 2: what do you make of the driver licensing changes. 78 00:03:21,040 --> 00:03:24,000 Speaker 4: It's a really interesting question because around the rest of 79 00:03:24,040 --> 00:03:26,160 Speaker 4: the world, many other countries are actually making it more 80 00:03:26,440 --> 00:03:30,520 Speaker 4: difficult to access a driver's license and tightening up rules. 81 00:03:30,840 --> 00:03:33,280 Speaker 4: But I think anything that encourages people to go out 82 00:03:33,639 --> 00:03:37,840 Speaker 4: get a driver's license, help them get a job, particularly 83 00:03:37,880 --> 00:03:40,680 Speaker 4: in this lave market, will help the ca thing of 84 00:03:40,720 --> 00:03:43,920 Speaker 4: courses making sure that we're maintaining safety on the roads. 85 00:03:44,160 --> 00:03:47,160 Speaker 4: It's still one of the leading causes of death and 86 00:03:47,240 --> 00:03:49,960 Speaker 4: accident in the country are our roads, and so we're 87 00:03:49,960 --> 00:03:52,080 Speaker 4: only making sure we're not doing anything that we might 88 00:03:52,160 --> 00:03:55,440 Speaker 4: regret later on just by simplifying the rules today. 89 00:03:55,480 --> 00:03:58,360 Speaker 1: Are we going to regret at Bridget, No, I don't 90 00:03:58,400 --> 00:03:58,800 Speaker 1: think we are. 91 00:03:58,840 --> 00:04:00,360 Speaker 3: On this is we I agree with Craig that I 92 00:04:00,400 --> 00:04:02,960 Speaker 3: think absolutely we need to getting people into the system 93 00:04:03,000 --> 00:04:05,240 Speaker 3: and getting them into the system younger, because we know 94 00:04:05,360 --> 00:04:07,960 Speaker 3: that it's a key determinant of whether or not they 95 00:04:08,000 --> 00:04:10,400 Speaker 3: will have a license throughout their lives. It's much harder 96 00:04:10,440 --> 00:04:12,360 Speaker 3: to give it at thirty five than it is to 97 00:04:12,360 --> 00:04:14,840 Speaker 3: get it at seventeen. So I think these changes are 98 00:04:14,840 --> 00:04:17,880 Speaker 3: really practical, and I think they actually looked very carefully 99 00:04:17,920 --> 00:04:23,120 Speaker 3: at actually that balance between safety and actually access to licensing. 100 00:04:23,880 --> 00:04:25,280 Speaker 1: Now, I'm going to go. 101 00:04:25,279 --> 00:04:28,200 Speaker 2: With you on this one first, Bridget, because I reckon 102 00:04:28,240 --> 00:04:29,560 Speaker 2: you will have thought this one through. 103 00:04:29,800 --> 00:04:33,000 Speaker 1: May Oh geez, I just made that sound terrible for Craig. Actually, sorry, Craig. 104 00:04:33,440 --> 00:04:35,799 Speaker 2: That you'll have thought this one through more than Craig 105 00:04:35,920 --> 00:04:38,159 Speaker 2: is basically what I was going to say, what do 106 00:04:38,240 --> 00:04:41,200 Speaker 2: you think of us being the seventh state of Australia. 107 00:04:42,600 --> 00:04:45,560 Speaker 3: Look, there's a flawed logic to what David is Pharaoh's 108 00:04:45,600 --> 00:04:48,400 Speaker 3: proposing here, because he says we're too small to have 109 00:04:48,440 --> 00:04:51,400 Speaker 3: any impact or protect ourselves in this big, populous world. 110 00:04:51,640 --> 00:04:53,919 Speaker 3: So the thing to do is go and attach ourselves 111 00:04:53,920 --> 00:04:56,119 Speaker 3: to this big populist country and be the tiny fish 112 00:04:56,360 --> 00:04:59,080 Speaker 3: within that instead. And so I don't really see how 113 00:04:59,120 --> 00:05:01,000 Speaker 3: we're going to be able to cheap ourselves and give 114 00:05:01,040 --> 00:05:05,880 Speaker 3: ourselves more influenced by doing that. And frankly the army to. 115 00:05:05,839 --> 00:05:07,240 Speaker 1: Come and protect us, doesn't it? 116 00:05:08,200 --> 00:05:11,000 Speaker 3: Well does it? I mean you look how big Australia 117 00:05:11,200 --> 00:05:14,080 Speaker 3: is and you look how far away we are from 118 00:05:14,120 --> 00:05:17,640 Speaker 3: them geographically. Do you think in a real time of crisis, 119 00:05:17,960 --> 00:05:20,440 Speaker 3: the Army's going to choose to go up the Queensland 120 00:05:20,480 --> 00:05:23,039 Speaker 3: coast or either going to come across the Tasment to us. 121 00:05:23,279 --> 00:05:25,160 Speaker 3: I don't think it's going to guarantee that we are 122 00:05:25,160 --> 00:05:26,320 Speaker 3: going to be any more protected. 123 00:05:26,480 --> 00:05:26,680 Speaker 4: Yeah. 124 00:05:26,720 --> 00:05:29,400 Speaker 2: Well, what I liked, Craig, and as an economist you'll 125 00:05:29,520 --> 00:05:32,440 Speaker 2: like this is that immediately we have better purchasing power 126 00:05:32,440 --> 00:05:34,039 Speaker 2: because we're on the Australian dollar. 127 00:05:35,839 --> 00:05:39,159 Speaker 4: David is a thoughtful man, but on this one I 128 00:05:39,200 --> 00:05:43,159 Speaker 4: couldn't fundamentally disagree with him more. I'm proud to be 129 00:05:43,279 --> 00:05:45,040 Speaker 4: in New Zealander. I'm proud to be a New Zealand 130 00:05:45,080 --> 00:05:48,240 Speaker 4: passport holder, and I would not want to see us 131 00:05:48,320 --> 00:05:53,279 Speaker 4: be the seventh state of Australia. The challenge actually is 132 00:05:53,320 --> 00:05:56,760 Speaker 4: when the Australian economy booms and our one doesn't. If 133 00:05:56,800 --> 00:05:59,839 Speaker 4: we were setting interest rates in Australia, there would be 134 00:05:59,839 --> 00:06:03,080 Speaker 4: completely wrong for the New Zealand economy. If we were 135 00:06:03,080 --> 00:06:06,280 Speaker 4: setting government spending in Australia depending upon what was happening 136 00:06:06,279 --> 00:06:09,320 Speaker 4: in the Australian economy, again, it would be completely wrong 137 00:06:09,640 --> 00:06:12,560 Speaker 4: for New Zealand. It makes much more sense for us 138 00:06:12,560 --> 00:06:15,200 Speaker 4: to be an independent sovereign nation, in control of our 139 00:06:15,240 --> 00:06:18,200 Speaker 4: own and control of our own economy, and in control 140 00:06:18,200 --> 00:06:21,320 Speaker 4: of our own currency. You say that, actually, you know 141 00:06:21,360 --> 00:06:24,880 Speaker 4: it would improve our purchasing power. To me, all that 142 00:06:24,920 --> 00:06:26,479 Speaker 4: tells us is that if we get it right in 143 00:06:26,520 --> 00:06:29,200 Speaker 4: New Zealand, we can improve so much more from where 144 00:06:29,240 --> 00:06:29,719 Speaker 4: we are now. 145 00:06:29,920 --> 00:06:33,120 Speaker 2: Are you not even they like, not even remotely tempted 146 00:06:33,200 --> 00:06:36,080 Speaker 2: Craig by being able to call yourself the finance Minister 147 00:06:36,160 --> 00:06:38,159 Speaker 2: of the twelfth largest economy. 148 00:06:37,680 --> 00:06:38,600 Speaker 1: In the world. 149 00:06:38,920 --> 00:06:41,599 Speaker 4: I would be proud to be the MP for Wellington 150 00:06:41,720 --> 00:06:44,360 Speaker 4: Base and that's my goal at the next election. 151 00:06:44,480 --> 00:06:48,880 Speaker 1: Thank you, thank you, you got that down. 152 00:06:48,960 --> 00:06:52,599 Speaker 2: Pet purchesse honestly right. Okay, listen, thanks to the peer 153 00:06:52,600 --> 00:06:54,719 Speaker 2: of you. I really appreciate you shooting down the idea 154 00:06:54,760 --> 00:06:56,960 Speaker 2: of the day. Actually it's Bridget Morton and Craig Renny 155 00:06:57,880 --> 00:06:58,560 Speaker 2: all this evening. 156 00:06:59,040 --> 00:07:02,720 Speaker 1: What a bumnote For more from Hither Duplessy Allen Drive. 157 00:07:02,880 --> 00:07:05,560 Speaker 3: Listen live to News Talk Set B from four p m. 158 00:07:05,680 --> 00:07:08,600 Speaker 1: Weekdays, or follow the podcast on iHeartRadio.