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Speaker 1: Chrystopher Lux and Prime Minister is with us. Good morning

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Speaker 1: and happy New Year.

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Speaker 2: Well likewise, Mike, I have you had a good break.

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Speaker 1: We had a lovely break, Thank you very much. Louise

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Speaker 1: up who's on the program a little bit earlier on,

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Speaker 1: she didn't have a very good answer. Why are we

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Speaker 1: so slow on the digital nomad's given the whole world's

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Speaker 1: already done it.

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Speaker 2: Oh look, I mean it's something that we talked about

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Speaker 2: in an opposition we want to do and we're doing

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Speaker 2: it now. I mean, we just had a lot of

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Speaker 2: other things on the plate, as you know, through the

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Speaker 2: course of last year. But there's a lot more I

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Speaker 2: think that we need to do in terms of continuing

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Speaker 2: to tweak that tourism proposition. We haven't bounced back at all.

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Speaker 2: I think we're at eighty six percent of pre COVID levels.

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Speaker 2: There's a heap of space to go for and when

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Speaker 2: you've got people across the country saying, oh no, we

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Speaker 2: don't want the tourist back where we're actually turning off

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Speaker 2: growth and that's just not acceptable.

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Speaker 1: So Fiji Raratonga reported just this last week they had

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Speaker 1: record years. So people are prepared to come to this

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Speaker 1: particular part of the world, specifically about us that the

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Speaker 1: world no longer likes.

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Speaker 2: Well, i'll tell you what I reckon happened. We ended

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Speaker 2: up staying COVID for way too long. You have all

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Speaker 2: these tourism operators in New Zealand that deal with wholesale

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Speaker 2: operators up in Asia and around the world, and though

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Speaker 2: those relationships went cold while we shut down and weren't traveling,

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Speaker 2: and as a result, other countries stepped in. It's a

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Speaker 2: competitive market and American will have on their list the

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Speaker 2: top twenty countries they want to visit before they die,

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Speaker 2: and our jobs we've got to make sure at the

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Speaker 2: top of that list so they choose to come for

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Speaker 2: their next trip. So you know, really it's a function

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Speaker 2: of I think you know, the industry went to sleep

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Speaker 2: by virtue of where we were and too slow coming

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Speaker 2: out of COVID extended lockdowns, aren't able to travel, and

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Speaker 2: as a result, others jumped in and filled that space.

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Speaker 2: The proposition from New Zone is still really good, but

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Speaker 2: we've got to get our a enterg and actually get

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Speaker 2: out and about in the world and actually sell the proposition.

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Speaker 1: So one hundred percent back by when what's your target.

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Speaker 2: Well as fast as possible. I don't have a target on.

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Speaker 2: I want to see tourists coming into the country.

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Speaker 1: We nuclearly as possible. What we need we need KPIs

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Speaker 1: don't we we need to live on the cap.

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Speaker 2: We do, we do, but we need people actioning stuff

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Speaker 2: and actually doing things. And that's why as pleased having

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Speaker 2: made that say to the nation speech said tourism something

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Speaker 2: you can power up really fast as you can also

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Speaker 2: international education. To see the team then respond within a

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Speaker 2: week to say right out we can do the digital nomads.

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Speaker 2: They can get that done well and out the door

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Speaker 2: and have the system focus on getting that dot job done.

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Speaker 2: I thought was very good.

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Speaker 1: Okay, Naru I'm reading yesterday has never been closer to

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Speaker 1: China as they mark the first anniversary of their particular association.

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Speaker 1: Winston stuck. Is he still in Kirabas The president won't

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Speaker 1: meet him, The aids on hold. How worried should we be?

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Speaker 2: Well, I mean, I mean we're just being really clear

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Speaker 2: to say, look, we're putting taxpayers money into Kerebas about

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Speaker 2: one and one hundred and two million from memory over

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Speaker 2: the last three years or four years, and the reality

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Speaker 2: has got to be spent effectively, Winston's done a great job.

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Speaker 2: He's met with I think fifty different counterparts across the

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Speaker 2: world that he's visits them at forty five countries or

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Speaker 2: something in the first year. And Carabas we just had

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Speaker 2: radio silence. So he's doing the right thing actually by

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Speaker 2: saying I'm sorry, but actually we actually want the courtesy

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Speaker 2: of some engagement with the government of Carabas. And equally,

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Speaker 2: we can't send New Zealand taxpayers money and there if

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Speaker 2: we don't have a relationship or a dialogue happening.

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Speaker 1: And so I tell you about our relationship with the Pacific.

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Speaker 1: When the president of Kirabas doesn't want to meet our

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Speaker 1: foreign minister.

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Speaker 2: Well, I just say to you, I think it's peculiarly Carabats,

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Speaker 2: because our relationship across the Pacific is outstanding and I've

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Speaker 2: met with most of the leaders. Winstance done the same

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Speaker 2: with the foreign ministers. Our influence and our partnership in

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Speaker 2: the Pacific, I think is very very strong.

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Speaker 1: So you're still a bullish Oh.

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Speaker 2: Yeah, absolutely. I think if you look at how we

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Speaker 2: stepped up the relationships with Fiji and sah and tong

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Speaker 2: On just in the last twelve months, a couple with

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Speaker 2: the other countries throughout the region as well, our contributions

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Speaker 2: in the Pacific Island Forum. All that stuff is really

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Speaker 2: very strong, and I think the Pacific Partners have played

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Speaker 2: that back to us very strongly that they've appreciated. You know,

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Speaker 2: We've hosted them here in New Zealand. I've met with

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Speaker 2: them personally when they're traveling through with dinners and I'm

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Speaker 2: getting to know each other, and so that's been very,

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Speaker 2: very positive, and I think in general, you know, we

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Speaker 2: had literally years where we just didn't get out of

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Speaker 2: New Zealand to go do foreign affairs work, and it

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Speaker 2: wasn't a priority for the last lot. Well, gee, it's

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Speaker 2: mission critical for us because it's about defense and it's

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Speaker 2: also about growth.

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Speaker 1: You're sick. I watched you week in your State of

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Speaker 1: the Nation speech. Sick of the comp Are you sick

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Speaker 1: of the com com or you're sick of the lack

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Speaker 1: of action or both?

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Speaker 2: Sick you of just actually the lack of competition that's

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Speaker 2: in our big sectors. And when you're so far away

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Speaker 2: from the rest of the world, you don't get other

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Speaker 2: big operators wanting to operate in there. So it means

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Speaker 2: that your domestic sectors have to even be more competitive.

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Speaker 2: And when you go across the piece, whether it's frankly

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Speaker 2: banking as we've started to talk about last year, whether

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Speaker 2: it's energy, retailers, groceries, we actually have to seriously have

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Speaker 2: a proper converse, not a conversation.

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Speaker 1: We have to do something about competition. This is my

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Speaker 1: criticism of you, is that you're too much yack, not

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Speaker 1: enough do. If you don't like what the Commerce Commissioner

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Speaker 1: is doing, you just all fight up because of Trump's

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Speaker 1: executive orders. But that's what you need, exactly what you

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Speaker 1: need to executive orders. You need to get a bloody

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Speaker 1: market pen and start scratching out a few signatures and stuff.

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Speaker 2: And the difference between a presidential system and a parliamentary

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Speaker 2: system that's quite profound in that regard. But if you look.

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Speaker 1: Most governments, you and I a the same things. But

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Speaker 1: what I'm watching here is a Commerce commission that's been

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Speaker 1: looking at petrol and supermarkets and building products and everything

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Speaker 1: else for your studies that nothing's happening.

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Speaker 2: Yeah, so we know what the problem is, but no

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Speaker 2: one ever pulls the trigger to say that's the action

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Speaker 2: that needs to take place. Off the back of that study, right,

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Speaker 2: So that's what we've got to do this year. Absolutely.

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Speaker 1: So when you talk about competition in retail, who specifically

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Speaker 1: you're worried about.

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Speaker 2: Well, I think we look at the grocery supermarket outlets.

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Speaker 2: We you know, we've obviously spoken before about the energy

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Speaker 2: pieces and there's some work going on around that right now.

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Speaker 2: I'm also very fixated on the banks. If I'm really

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Speaker 2: honest with you, I.

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Speaker 1: Think banks this year specifically, well.

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Speaker 2: Again, we're going to make sure, as we said, get

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Speaker 2: k K our banks sort of fired up and capitalize

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Speaker 2: in a way that actually can take on those banks.

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Speaker 1: When you're going to do there's a whole bunch of

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Speaker 1: laws rate we.

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Speaker 2: Can change around what's called open banking because actually the

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Speaker 2: banks have been running that, whereas other countries that's run

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Speaker 2: by others, so the banks don't unincentivized to innovate or

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Speaker 2: do anything very different.

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Speaker 1: So kanks, you're a big thing.

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Speaker 2: Well, it's it's one of the things we can do

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Speaker 2: to make sure that we get banking more competitive. And

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Speaker 2: we're going to do that though, well, we're working. As

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Speaker 2: I said, we talked about that at the end of

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Speaker 2: last year. We've got to go through a process of

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Speaker 2: just making sure we can work up with the best

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Speaker 2: way to raise that five hundred million dollars in capital

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Speaker 2: that we want to put in there. That five hundred

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Speaker 2: million dollars will lead to billions of dollars of extra

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Speaker 2: investment to loan lending to businesses but also to consumers

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Speaker 2: as well, and so it's just working our way through that.

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Speaker 2: We're going to do that as quickly as we possibly can.

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Speaker 2: But I think there's other things Mark like that we

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Speaker 2: can do around sort of some of the regulations around

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Speaker 2: banks and making sure that they are, you know, as

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Speaker 2: competitive and as that we make it as easy as possible.

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Speaker 2: If you talk about the margins that exist in banking

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Speaker 2: and New Zealand relative to other parts.

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Speaker 1: Of the world, that's kind of a lot of sense.

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Speaker 1: We'll talk about this is this is my frustration. My

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Speaker 1: frustration with you is I think you're you're well intentioned,

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Speaker 1: but you're running out of time. Yeah, it's twenty twenty

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Speaker 1: five now, and you've spent all of last year talking

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Speaker 1: about this and thinking about that and passing a bit

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Speaker 1: of legislation. All of that's fantastic. Just agree well all

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Speaker 1: you want, but you're the one facing the voters in

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Speaker 1: twenty six not me right, and you're going to run

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Speaker 1: out a runway if you don't actually start kicking some

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Speaker 1: mass and getting this country moving.

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Speaker 2: Well, I would just say to you, I think the

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Speaker 2: way we actually dealt with government's been need to get

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Speaker 2: inflation down, to get interest rates down, to get business

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Speaker 2: confidence and consumer confidence at good levels, is fantastic. I'm

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Speaker 2: just signaling, as I did in my State of the

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Speaker 2: Nation speech last year was break the back of cost

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Speaker 2: of living. This year is all about growth, growth, growth,

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Speaker 2: So I think when you look at what we did

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Speaker 2: on fast Track, you think about RMA reform, where we've

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Speaker 2: bleeded on about it for eighteen years. It was supposed

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Speaker 2: to be a horse turned into a camera with endless

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Speaker 2: amendments and a whole industry around it. To go introduce

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Speaker 2: fast Track in the way that we are to talk

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Speaker 2: about changing the whole of the RMA system and getting

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Speaker 2: that moving this year is actually a major, major, There's

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Speaker 2: a lot of focus going on. So just I hear

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Speaker 2: what you're saying, and I know the frustration. If you're frustrated,

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Speaker 2: just meagine how frustrated I am about the speed of

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Speaker 2: things that happen here in Wellington. But I'm doing everything

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Speaker 2: we can with the team, as you saw even yesterday

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Speaker 2: on digital nomad visas within a whek.

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Speaker 1: But you were late. You were a year of not

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Speaker 1: two years late on that. That's a stroke of a

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Speaker 1: pen decisions. Think of it Monday, Do it Tuesday. Not

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Speaker 1: come back a year after you've been in office and go,

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Speaker 1: oh it's what we've thought of.

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Speaker 2: Oh, you've come back from holiday, fired up my cost?

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Speaker 1: Gagal Well, someone's going to point a few things out,

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Speaker 1: don't they Look my road, the road north of Auckland. Right,

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Speaker 1: here's your new health minister. So one of the best

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Speaker 1: pieces of road in this country is State Highway one,

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Speaker 1: as commissioned by Stephen Joyce. That was going to one

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Speaker 1: hundred and twenty k's how fast was I traveling over

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Speaker 1: the holiday? Is one hundred? He announced it last year.

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Speaker 1: Why hasn't it changed the road cones around Auckland. Have

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Speaker 1: a look at the road cones around Auckland at the moment.

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Speaker 1: There's only millions of them. Why hasn't it changed? Sime

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Speaker 1: and Brown announced that would change. Hasn't changed? Why not?

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Speaker 2: Well I will get onto it. The sweep month to.

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Speaker 1: Get onto it because I asked it. I mean, when

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Speaker 1: you announce something, actually do it.

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Speaker 2: Yep. But there's a whole bunch of pilava that goes

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Speaker 2: with as you know, around speed limits, for example. We

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Speaker 2: have worked as quickly as we can. But you have

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Speaker 2: regional you have local government, you have regional government, you

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Speaker 2: have central government. Is a whole bunch pilava and all that.

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Speaker 2: We're trying to strip all of that out. I think

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Speaker 2: we're over governed. We've got way too many people in

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Speaker 2: the mix of everything, and so we're working our way

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Speaker 2: through that. And I think you'll see that very shortly.

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Speaker 2: So hang fire, I know, okay, did you.

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Speaker 1: I'm here all years, so you're going to get this

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Speaker 1: all Yearde and Joyce's peace in the Herald.

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Speaker 2: I haven't actually you get on to when you're.

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Speaker 1: Arranging the deck chairs. He's not a fan of what

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Speaker 1: you did with the science thing last week. He thinks

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Speaker 1: that's a mistake. You would disagree with them, presumably, Yeah, yeah, do.

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Speaker 2: Because Callahan was set up years ago to do the

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Speaker 2: innovation work in commercialization work, it didn't deliver for a

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Speaker 2: number of reasons. We've got four now, very focused Crown

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Speaker 2: Research institutes which needed to happen, and they need to

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Speaker 2: be powered up to be commercialized. If you go to Israel,

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Speaker 2: if you go to Ireland, you go to Denmark, academics

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Speaker 2: get to actually participate and become multimillionaires because of their

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Speaker 2: innovations that they then end up turning into great companies.

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Speaker 2: And so we want to make sure the money that

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Speaker 2: we spend in the R and D system, Frankly, it's

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Speaker 2: been going all over the place. It needs to go

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Speaker 2: just purely into things that make them. We go quackert

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Speaker 2: and those fourth focused institutes. The removal of Callahan will

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Speaker 2: actually give us the beginnings of what we need to do.

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Speaker 1: Good stuff catch up next Tuesday, Appreciate of Crime Christopher

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Speaker 1: Luxen That article, by the way out of Saturday's Herald

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Speaker 1: Government Science Plan is like rearranging the dick chairs. Good read,

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Speaker 1: because he was heavily involved in the process, of course,

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Speaker 1: when he was in government. For more from the Mic

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Speaker 1: Asking Breakfast, listen live to news talks. It'd be from

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Speaker 1: six am weekdays, or follow the podcast on iHeartRadio.