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Speaker 1: The Huddle with New Zealand Southeby's International Realty Find You're

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Speaker 1: one of the kind on the huddle with us this evening,

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Speaker 1: Tim Wilson, Maximum Institute and Craig rinny Ce to you economist. Hello,

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Speaker 1: are you too anyone getting the feeling that the mayor

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Speaker 1: has been playing silly buggers on this one?

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Speaker 2: Just yeah, my goodness, when you say something in public,

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Speaker 2: you should make sure the story at least checks out somehow.

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Speaker 1: Yeah, okay, so we all are. Hey Craig, how are

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Speaker 1: you feeling about being kept out of the budget lockup?

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Speaker 2: Well?

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Speaker 3: I'm disappointed, naturally. I've been to many budget lockups previously,

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Speaker 3: and the Sea to you has been to pretty much

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Speaker 3: every budget lockup, but I have been invaded to, so

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Speaker 3: I guess I'm more disappointed for all of our members

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Speaker 3: who won't be able to have access to the information

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Speaker 3: they normally would have and be able to understand what's

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Speaker 3: actually in the budget.

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Speaker 2: Yeah.

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Speaker 1: Well no. Jason Wall's, the political editor at news Talk

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Speaker 1: zib says he doesn't need an economist to tell him

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Speaker 1: to go to the back of the budget and read

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Speaker 1: the numbers. He doesn't need you.

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Speaker 3: You don't add anything because that's what I told Jason

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Speaker 3: Walls how to read the budget five years ago. And

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Speaker 3: so so he's quote, he's deliberately actually quoting me and

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Speaker 3: telling how.

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Speaker 2: Great great can you look in twenty twenty because I

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Speaker 2: understand you're probably going to get into Parliament in Willington Central.

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Speaker 2: So in twenty twenty nine, when you're the Minister of Finance,

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Speaker 2: will you pledge now that you'll let me into the

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Speaker 2: budget lockup.

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Speaker 3: I'll tell you what, if I'm ever in the fortunate

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Speaker 3: place of being the Minister of Finance, I will absolutely

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Speaker 3: let you into the lock up, and I'll let anybody

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Speaker 3: else into the lockup who works for a reasonable organization,

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Speaker 3: who has a reasonable reason for being there. Unfortunately, what

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Speaker 3: we have right now is a situation whether the Treasury

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Speaker 3: or the Minister of Finance has made decisions to lock

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Speaker 3: up not just the CTU, not just me, but also

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Speaker 3: the PSA, every other trade union, lots of other organizations, Zealand, Zeyland,

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Speaker 3: the Taxpayers Union, a whole bunch of organizations who have

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Speaker 3: perfectly reasonable reasons to be there. I mean, if you

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Speaker 3: don't like me, just kick me out, right, but don't

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Speaker 3: kick out everybody else, right. That seems to be a huge,

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Speaker 3: huge decision.

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Speaker 1: I mean, because what they do, let's be honest about it, Tim,

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Speaker 1: what they're doing is they are avoiding scrutiny because they

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Speaker 1: know that the economs bring a different level of scrutiny

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Speaker 1: to your journos and that's just too tough, right, so

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Speaker 1: they're keeping them out. There's what's going on here.

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Speaker 2: Well, it seems to be right, and I'm of the

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Speaker 2: opinion that some scrutiny is actually helpful when we're looking

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Speaker 2: at numbers and are you talking with the textpayers union

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Speaker 2: guy who said we've actually spotted mistakes. Well, if we

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Speaker 2: can get more people into spot mistakes, that might be

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Speaker 2: helpful for the healthy the health of the country.

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Speaker 1: Absolutely.

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Speaker 3: Certainly, the New Zealand Initiative a couple of years ago

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Speaker 3: noticed an error in the tobacco taxation that was inside

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Speaker 3: the documents. So there's perfectly good reasons for being there.

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Speaker 3: But just generally speaking, it's essentially seeing financial institutions like

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Speaker 3: big Australian banks or Bloomberg, who's a US based organization,

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Speaker 3: they're allowed access to this information, but three hundred and

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Speaker 3: fifty thousand workers who we represent aren't, and that doesn't

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Speaker 3: seem to be.

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Speaker 1: No, I don't.

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Speaker 3: It's fair reason why we're doing that.

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Speaker 1: No, it's not fear at all. Craig, did you just

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Speaker 1: confirmed by thought before, by the way, that you're going

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Speaker 1: to run as a laborer imprint?

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Speaker 3: Absolutely not. I confirmed that if I was, if I

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Speaker 3: was the Minister of Finance in twenty twenty nine, which

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Speaker 3: seems like such a vanishingly ridiculous suggestion that I'm ill happily,

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Speaker 3: I'll happily back up. If I'm in that position, then

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Speaker 3: I'll happily let you.

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Speaker 2: That seems like.

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Speaker 1: Rule out for us that you're going to be on

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Speaker 1: the labor ticket next year.

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Speaker 3: Well, first things first, there's a there's a whole party

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Speaker 3: process is involved in that. I'm not going to rule

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Speaker 3: anything in or out, because there's a long way before

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Speaker 3: twenty twenty six.

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Speaker 1: I just want you to acknowledge, when you are the

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Speaker 1: Minister of Finance that we made you famous on the huddle.

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Speaker 1: Nobody knew who you were Craig before this.

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Speaker 3: I'm very happy to do that, Heather, very happy.

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Speaker 2: I'll tell you what Eulit mesa Eulit Maxim and Craig

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Speaker 2: will bring scrutinally in the scones. So it's done.

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Speaker 3: The fantastic we made that there are already already savings

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Speaker 3: to the crown.

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Speaker 1: Really, okay, we'll take a break back to you guys

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Speaker 1: shortly the.

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Speaker 2: Huddle with New Zealand Southeby's international Realty achieve extraordinary results

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Speaker 2: with unparallel reach.

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Speaker 1: Right, you're back of the huddle. Tim Wilson and Craig Greennye. Tim,

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Speaker 1: did you see the carbon cost of those green bins

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Speaker 1: in Auckland?

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Speaker 2: Oh my goodness, Oh my goodness, central government mandating and

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Speaker 2: not thought through, not particularly desirable policy with not desirable outcomes.

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Speaker 2: I mean, the plastic bags made in China shipped here,

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Speaker 2: the bins from Ossie shipped here, polluting trucks. It's a nightmare.

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Speaker 1: It totally is. But I mean, okay, Craig, you're an economist.

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Speaker 1: Does this work on any level when you do this

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Speaker 1: whole elaborate scheme and it costs you fourteen hundred dollars

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Speaker 1: per carbon ton when you could just buy a unit

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Speaker 1: on the carbon auction for fifty bucks.

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Speaker 3: It doesn't. But I think would also belies.

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Speaker 1: I think Nikola did that. Nicholas done that. She didn't

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Speaker 1: like what he was doing.

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Speaker 2: Actually you know who it was. It was actually Jason Walls.

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Speaker 2: He was Jason was going to be exposed and he

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Speaker 2: just said that he had to shut poor old Craig down.

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Speaker 2: But when Craig's the Minister of Finance, Walls, will.

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Speaker 1: You think Jason was like, we don't actually need an

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Speaker 1: economist's opinion on this. Cut him off. We all understands.

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Speaker 2: Never mind, well this is but this is this is

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Speaker 2: probably how they wrote this policy here, That is, we'll

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Speaker 2: just shut the economists out and you know, your compost

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Speaker 2: is great. Don't worry about the numbers that they'll wash

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Speaker 2: their own faces.

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Speaker 1: Do you use the green bins?

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Speaker 2: Tim, No, we throw a compost over the fience like

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Speaker 2: most Awklanders.

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Speaker 1: Oh no, that is an absolute lie. That's on the

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Speaker 1: other side of the hang on tech. Now, if you're

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Speaker 1: going to talk nonsense like that, I'm going to talk

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Speaker 1: to Craig. Hellow Craig you.

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Speaker 3: There, Yes, I am apologies, Go on, then tell me

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Speaker 3: what you think. Yeah, essentially, and this is one of

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Speaker 3: these situations in which you know that the principle of

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Speaker 3: allowing local government to actually work should actually take place,

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Speaker 3: you know, and when central government say to pervade mandates

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Speaker 3: on our thing that often doesn't work in one area,

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Speaker 3: it doesn't work in another area. We should this is

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Speaker 3: what we elect local government to make these decisions and

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Speaker 3: we should allowed.

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Speaker 1: No Craig all right, but what about this though? Government

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Speaker 1: has actually repealed the mandating here, right, So it's up

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Speaker 1: to councils now and they can scrap these things if

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Speaker 1: they don't want don't want them anymore. But Auckland Council

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Speaker 1: continues with this. So this is not a central government problem.

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Speaker 1: This is now an Auckland council problem, isn't it.

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Speaker 3: It sounds like it and I think if the carbon

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Speaker 3: price is well higher than that, then this is something

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Speaker 3: that you know in the canes, in the resource constrained

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Speaker 3: universe that we're all in right now, and certainly many

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Speaker 3: local residents facing ever increasing rates bills, we'll be asking

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Speaker 3: hard questions. The key thing here is you know what

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Speaker 3: works in what's actually going to really make a difference.

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Speaker 3: And it doesn't sound as if it's really working or

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Speaker 3: if it's actually got the level of community support or

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Speaker 3: community buy and that will actually deliver a really good

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Speaker 3: outcome for Auckland. Is there too?

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Speaker 2: Right?

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Speaker 1: Absolutely? Hey, what do you make tim of IID doing

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Speaker 1: this crackdown and getting the student loan blood is to

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Speaker 1: pay their money back.

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Speaker 2: Well, yeah, we all hate Texas, but i ID need

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Speaker 2: to be collecting them. And this just shows that money

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Speaker 2: buys money. So they got more on the last budget

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Speaker 2: to go for this stuff, two hundred million. I think

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Speaker 2: they should keep doing it because apparently we've got two

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Speaker 2: point three billion outstanding. Winston Peter should jump on this.

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Speaker 2: If you get that back, you could buy eight fererries.

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Speaker 1: You could buy eight feerries you by, you could buy

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Speaker 1: a lot of stuff about whole bunch of green bins

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Speaker 1: as well. Craig, isn't this interesting though? So I think

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Speaker 1: the best example of what's going on here is one

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Speaker 1: of the old mates is not paying the money back

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Speaker 1: for years, presumably defaulted. IAD arrests the person at the border,

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Speaker 1: and suddenly they pay the money back, So they clearly

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Speaker 1: have the money, they just don't want to pay it.

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Speaker 3: I think that happens sometimes. I think there's lots of

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Speaker 3: different reasons and lots of different things that occur, and

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Speaker 3: some people will have the money and some people won't.

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Speaker 3: I think there's a couple of things, one of which

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Speaker 3: is we can't just keep putting more loans and more

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Speaker 3: costs on students. Student costs when the cost tituition when

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Speaker 3: it's six percent last year, the costs of interest if

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Speaker 3: you're having to pay it when it's more last year. Again.

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Speaker 3: But two, this is a great example of if you

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Speaker 3: invest in the public service, you get a good outcome.

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Speaker 3: It would be lovely if we followed that example elsewhere

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Speaker 3: in governments and we made investments in government that actually

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Speaker 3: allowed good outcomes. Funny Zealand doesn't. This is a really

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Speaker 3: good example of that happening in the real world.

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Speaker 1: I can't tell whether you like the crackdown on the

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Speaker 1: student loan defaulters or us.

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Speaker 2: Do you.

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Speaker 3: I certainly like that people. When people owe money, they

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Speaker 3: should pay it, and they should. The question is if

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Speaker 3: they can't pay it, then there's a you know, there's

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Speaker 3: a process by which they can go through ird in

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Speaker 3: order to get support to get change. So there's no

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Speaker 3: you won't find me saying that they shouldn't pay it.

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Speaker 3: But we shouldn't be continuing to hugely overburdened students as

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Speaker 3: a consequence of And secondly, we should then be making

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Speaker 3: sure that they've got good jobs to go to in

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Speaker 3: New Zealand, rather than essentially forcing many of them to

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Speaker 3: go overseas to get the kinds of work and experience

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Speaker 3: that they need to write.

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Speaker 1: It's been great to chat to the pair of you

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Speaker 1: look after Yourselves. That's Craig Rennie and Tim Wilson our

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Speaker 1: huddle this evening.

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Speaker 2: Agin For more from Hither Duplessy Allen Drive, listen live

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Speaker 2: to news talks it'd be from four pm weekdays, or

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Speaker 2: follow the podcast on iHeartRadio