1 00:00:00,680 --> 00:00:04,040 Speaker 1: The Huddle with New Zealand Southby's International Realty, a name 2 00:00:04,080 --> 00:00:06,279 Speaker 1: you can trust locally and globally. 3 00:00:06,960 --> 00:00:10,000 Speaker 2: Joining me on the huddle tonight is Craig Rinny, who 4 00:00:10,039 --> 00:00:12,400 Speaker 2: will soon be surely a labor m P and nickle 5 00:00:12,480 --> 00:00:16,320 Speaker 2: Get Infrastructure, New Zealand. Good evening, Believing, good eating. Good 6 00:00:16,320 --> 00:00:18,120 Speaker 2: to have you both on the show. Craig, I want 7 00:00:18,120 --> 00:00:20,360 Speaker 2: to get your tech fist on that GDP number today. 8 00:00:20,400 --> 00:00:24,680 Speaker 2: Is I mean, can we at least celebrate something or we. 9 00:00:24,640 --> 00:00:28,520 Speaker 3: Can absolutely celebrate that we're not continuing to decline. You know, 10 00:00:28,920 --> 00:00:32,879 Speaker 3: the economy rose quarterly one point one percent, but annually 11 00:00:32,880 --> 00:00:36,320 Speaker 3: it's still down zero point five percent. We still see 12 00:00:36,400 --> 00:00:40,720 Speaker 3: falls in manufacturing, in construction, business investment is lower than 13 00:00:40,720 --> 00:00:43,640 Speaker 3: it was in twenty twenty three. The economy is smaller 14 00:00:43,680 --> 00:00:46,199 Speaker 3: than it was in twenty twenty three. So there's a 15 00:00:46,200 --> 00:00:48,600 Speaker 3: whole bunch of stuff in there. Yes, it's a good number, 16 00:00:48,640 --> 00:00:51,120 Speaker 3: but it's one good number when you said it in 17 00:00:51,159 --> 00:00:54,520 Speaker 3: the context of rising unemployment and a range of other 18 00:00:54,600 --> 00:00:57,760 Speaker 3: indicators that shows the economy is definitely not out of 19 00:00:57,800 --> 00:00:59,520 Speaker 3: the woods anytime soon. 20 00:01:00,160 --> 00:01:02,360 Speaker 2: And we're just one shock away from everything going tits 21 00:01:02,400 --> 00:01:02,720 Speaker 2: up again. 22 00:01:02,840 --> 00:01:07,360 Speaker 4: Nick, Yeah, I mean, it does feel as though there's 23 00:01:07,400 --> 00:01:09,920 Speaker 4: still an element of risk here. And the thing I 24 00:01:09,920 --> 00:01:12,640 Speaker 4: always look for. I think in real time we can 25 00:01:12,760 --> 00:01:16,880 Speaker 4: feel a bit of an improvement around New Zealand, but 26 00:01:17,480 --> 00:01:21,920 Speaker 4: the real challenge is always confidence. Are people confident to 27 00:01:22,959 --> 00:01:25,880 Speaker 4: spend a bit more to buy the new house or 28 00:01:25,959 --> 00:01:28,240 Speaker 4: a new car, or that they're going to have a 29 00:01:28,319 --> 00:01:30,560 Speaker 4: job that perhaps pays more in a year's time. And 30 00:01:30,640 --> 00:01:35,000 Speaker 4: I just don't feel we're quite there yet, certainly where 31 00:01:35,000 --> 00:01:40,319 Speaker 4: it comes to infrastructure. The country feels next year as 32 00:01:40,319 --> 00:01:43,240 Speaker 4: though there's going to be more happening, but it's still 33 00:01:43,520 --> 00:01:46,760 Speaker 4: very tentitive, and I think we need a greater shot 34 00:01:46,760 --> 00:01:49,560 Speaker 4: in the arm before we can sort of pop any corks. 35 00:01:50,160 --> 00:01:52,600 Speaker 2: Craig, what do you say when people come at you 36 00:01:52,720 --> 00:01:55,840 Speaker 2: with like, yeah, you can criticize this government, but why 37 00:01:55,880 --> 00:01:57,520 Speaker 2: will we in the mess to begin with? And it 38 00:01:57,560 --> 00:02:00,320 Speaker 2: was labor and charge at that time, and what's to 39 00:02:00,320 --> 00:02:02,680 Speaker 2: stop us getting back there again under labor? You know, 40 00:02:02,680 --> 00:02:04,720 Speaker 2: if you did it once, you can do it twice. 41 00:02:05,840 --> 00:02:08,840 Speaker 3: During the election, the economy was grown by two point 42 00:02:08,840 --> 00:02:12,400 Speaker 3: four percent. A yeah, it's now declined by zero point five. 43 00:02:14,120 --> 00:02:18,560 Speaker 2: And so we had to creation what caused the recision. 44 00:02:18,200 --> 00:02:22,160 Speaker 3: Right, and our reflation story, Ryan is absolutely bog standard 45 00:02:22,400 --> 00:02:25,320 Speaker 3: in relation to every other country that we compare ourselves to, 46 00:02:25,680 --> 00:02:28,800 Speaker 3: and they're all growing, their economies are all growing, and 47 00:02:28,840 --> 00:02:31,600 Speaker 3: ours is not. And so when we look at things, 48 00:02:31,600 --> 00:02:33,919 Speaker 3: at the performance of services in decks around the world, 49 00:02:34,280 --> 00:02:38,520 Speaker 3: that's all positive except in New Zealand total, you know, 50 00:02:38,680 --> 00:02:44,000 Speaker 3: So you fix that problem, and the current prescription we're 51 00:02:44,000 --> 00:02:47,280 Speaker 3: getting from the government is seems to be exacerbating the 52 00:02:47,280 --> 00:02:49,320 Speaker 3: problem here when we look at other countries. 53 00:02:49,639 --> 00:02:52,400 Speaker 2: I think that's where you potentially have some mirrant in 54 00:02:52,440 --> 00:02:55,200 Speaker 2: the argument. Do you buy that as well, that if 55 00:02:55,240 --> 00:02:57,480 Speaker 2: the government had rolled out more money for I don't know, 56 00:02:57,639 --> 00:03:00,680 Speaker 2: infrastructure for example, earlier on in the piece, that we 57 00:03:00,880 --> 00:03:03,120 Speaker 2: wouldn't necessarily be as bad as we are now. 58 00:03:04,040 --> 00:03:06,960 Speaker 4: Well, I would say, yes, wouldn't I But I think 59 00:03:07,000 --> 00:03:11,080 Speaker 4: that Look, Craig talks a lot about investment, you know, 60 00:03:11,360 --> 00:03:14,320 Speaker 4: and getting value from things, and I do actually think 61 00:03:14,360 --> 00:03:18,360 Speaker 4: that should be the focus for the country. Yeah, we 62 00:03:18,400 --> 00:03:22,280 Speaker 4: should have looked at projects, particularly infrastructure, but not limits 63 00:03:22,320 --> 00:03:24,960 Speaker 4: to but also social spending where we would know that 64 00:03:25,080 --> 00:03:29,160 Speaker 4: investment would give us value. And I do think there 65 00:03:29,240 --> 00:03:34,440 Speaker 4: was too much stopping and cutting. But I think that whichever, 66 00:03:34,520 --> 00:03:37,120 Speaker 4: you know, both major parties next year will be forced 67 00:03:37,160 --> 00:03:41,160 Speaker 4: to provide a responsible view as to how we're not 68 00:03:41,240 --> 00:03:43,800 Speaker 4: going to spend so much that inflation gets out of control, 69 00:03:43,840 --> 00:03:46,280 Speaker 4: but also we want a government to invest so the 70 00:03:46,320 --> 00:03:50,200 Speaker 4: economy grows and people have access to jobs and access 71 00:03:50,240 --> 00:03:52,280 Speaker 4: to the right kind of services that help them live 72 00:03:52,280 --> 00:03:52,960 Speaker 4: a good life. 73 00:03:53,640 --> 00:03:57,280 Speaker 2: Nickley get Craig Grinnie on the huddle tonight, the huddle with. 74 00:03:57,360 --> 00:04:01,760 Speaker 1: New Zealand Southby's International Realty the only truly global. 75 00:04:01,360 --> 00:04:04,320 Speaker 2: Brand thirteen six on News Talks inb We've got Craig 76 00:04:04,360 --> 00:04:06,800 Speaker 2: running from the CTU and Nick leiget from Infrastructure and 77 00:04:06,880 --> 00:04:09,840 Speaker 2: z on the huddle tonight. Did you see, Craig the 78 00:04:10,040 --> 00:04:13,760 Speaker 2: story about Glory Vale. So the Ministry of Education is 79 00:04:13,960 --> 00:04:18,160 Speaker 2: shutting it down, like deleting its registration and doing it 80 00:04:18,240 --> 00:04:21,360 Speaker 2: quite quickly from January twenty third next year. So you're 81 00:04:21,360 --> 00:04:23,640 Speaker 2: going to have one hundred kids who basically need to 82 00:04:23,680 --> 00:04:25,039 Speaker 2: find new schools end quick. 83 00:04:26,160 --> 00:04:26,360 Speaker 1: Yeah. 84 00:04:26,400 --> 00:04:28,760 Speaker 3: I think there's been a range of concerns about that 85 00:04:28,839 --> 00:04:31,400 Speaker 3: school that have been you know, thought about, over what 86 00:04:31,440 --> 00:04:34,400 Speaker 3: appears to be quite a long period of time. I 87 00:04:34,440 --> 00:04:36,680 Speaker 3: appreciate it's you know, it's going to be incredibly disruptive 88 00:04:36,680 --> 00:04:39,440 Speaker 3: for those children. But making sure that those children get 89 00:04:39,440 --> 00:04:42,279 Speaker 3: a quality education and the best start in life is 90 00:04:42,480 --> 00:04:46,120 Speaker 3: much more important than the school's registration or its ability 91 00:04:46,160 --> 00:04:48,719 Speaker 3: to continue. And if it's not delivering the education that 92 00:04:48,760 --> 00:04:51,599 Speaker 3: we want to see for those children, then really we 93 00:04:51,640 --> 00:04:53,039 Speaker 3: should be supporting its closure. 94 00:04:53,320 --> 00:04:53,560 Speaker 4: Yeah. 95 00:04:53,560 --> 00:04:57,039 Speaker 2: And I guess once you've made that decision, if it's 96 00:04:57,040 --> 00:04:59,560 Speaker 2: not a safe but you know, if it doesn't deserve 97 00:04:59,640 --> 00:05:01,440 Speaker 2: to be just I guess you just got to do 98 00:05:01,440 --> 00:05:03,040 Speaker 2: it quickly, don't you. The band aid. 99 00:05:03,040 --> 00:05:06,000 Speaker 3: Absolutely, you can't make sure that this is meeting the 100 00:05:06,000 --> 00:05:09,279 Speaker 3: best continuing to delay the education of children back around. 101 00:05:09,360 --> 00:05:10,680 Speaker 2: Yeah, Nick, what do you think. 102 00:05:11,080 --> 00:05:14,080 Speaker 4: We Well, there's no easy way, right. These kids have 103 00:05:14,200 --> 00:05:17,560 Speaker 4: to be safe, and I think every New Zealander would 104 00:05:17,920 --> 00:05:20,680 Speaker 4: expect that they're right to have an education is preserved 105 00:05:20,680 --> 00:05:23,280 Speaker 4: and is the same as any of our children. And 106 00:05:23,839 --> 00:05:26,599 Speaker 4: I think it's the right thing to do, and that 107 00:05:27,200 --> 00:05:28,960 Speaker 4: hopefully in the new year they'll be able to start 108 00:05:29,040 --> 00:05:31,680 Speaker 4: new schools that are close enough to home. Now, it's 109 00:05:31,680 --> 00:05:33,200 Speaker 4: going to be difficult on the West Coast because one 110 00:05:33,240 --> 00:05:35,080 Speaker 4: hundred and in fact of one hundred kids into a 111 00:05:35,120 --> 00:05:38,440 Speaker 4: school is going to be a bit of a resourcing challenge, 112 00:05:38,560 --> 00:05:40,800 Speaker 4: but at least they've got some time to get the 113 00:05:40,920 --> 00:05:43,320 Speaker 4: education ministry have got some time to sort that out. 114 00:05:43,720 --> 00:05:47,800 Speaker 4: But I lot the first priority here is those kids 115 00:05:48,200 --> 00:05:50,679 Speaker 4: accessing what they're entitled to and that is a decent 116 00:05:50,720 --> 00:05:51,640 Speaker 4: New Zealand education. 117 00:05:52,320 --> 00:05:55,760 Speaker 2: Now, Nick, when the Wellington water business was going on, 118 00:05:56,120 --> 00:06:00,000 Speaker 2: you I recall very distinctly fronted up here on news 119 00:06:00,080 --> 00:06:02,640 Speaker 2: Talk said be number of times, might have even come 120 00:06:02,640 --> 00:06:05,080 Speaker 2: on the Herald Show as well. You know you out 121 00:06:05,120 --> 00:06:08,640 Speaker 2: there and you were fronting it. This netballn New Zealand 122 00:06:08,680 --> 00:06:11,800 Speaker 2: thing whenever anything happens. And it's not just netballne neusic, 123 00:06:11,960 --> 00:06:15,120 Speaker 2: it's sporting bodies. There's something wrong with them that they 124 00:06:15,160 --> 00:06:18,000 Speaker 2: just don't front up. And I don't think it's good enough. 125 00:06:18,000 --> 00:06:18,600 Speaker 2: What do you think? 126 00:06:20,240 --> 00:06:26,120 Speaker 4: I think, well, Ryan Lot, full disclosure, being upfront, apologizing, 127 00:06:26,520 --> 00:06:28,720 Speaker 4: laying it all out there and showing how you're going 128 00:06:28,760 --> 00:06:32,080 Speaker 4: to improve is the way it should be done. And yeah, 129 00:06:32,120 --> 00:06:35,560 Speaker 4: I think Netball New Zealand, I mean it's clearly an 130 00:06:35,640 --> 00:06:39,560 Speaker 4: organization that has grappled with the challenges that has faced. 131 00:06:40,480 --> 00:06:44,240 Speaker 4: I think Dame Nolean has been done at disservice and 132 00:06:44,360 --> 00:06:50,279 Speaker 4: clearly now there's some utu being taken out on parts 133 00:06:50,279 --> 00:06:54,720 Speaker 4: of the organization and it's happening in a really poor way. 134 00:06:55,160 --> 00:06:58,680 Speaker 4: So yeah, I think actually coming clean and actually describing 135 00:06:58,680 --> 00:07:01,479 Speaker 4: what's happened, even though that'll be uncomfortable, would be the 136 00:07:01,480 --> 00:07:04,240 Speaker 4: best way forward for Netball New Zealand so they can 137 00:07:04,279 --> 00:07:05,480 Speaker 4: preserve some credibility. 138 00:07:05,640 --> 00:07:09,800 Speaker 2: Yeah, Craig, I'm assuming you agree with this absolutely. 139 00:07:09,840 --> 00:07:11,960 Speaker 3: I think you know the key thing about leadership is 140 00:07:12,000 --> 00:07:14,800 Speaker 3: it's about leading, and you know someone needs to be 141 00:07:14,960 --> 00:07:18,760 Speaker 3: leading here and saying this is not working if he 142 00:07:18,960 --> 00:07:22,880 Speaker 3: hasn't been working for a while, and that probably needs 143 00:07:22,920 --> 00:07:26,600 Speaker 3: to be a look more generally at how this how 144 00:07:26,640 --> 00:07:29,120 Speaker 3: Netball New Zealand, which is a really important organization in 145 00:07:29,120 --> 00:07:31,560 Speaker 3: New Zealand, is working, and whether or not it's really 146 00:07:31,560 --> 00:07:34,000 Speaker 3: delivering for non New Zealand as in terms of those 147 00:07:34,000 --> 00:07:35,120 Speaker 3: who follow netball here. 148 00:07:35,440 --> 00:07:37,400 Speaker 2: So, Craig, does that mean because you're about to have 149 00:07:37,400 --> 00:07:40,840 Speaker 2: a big, long, illustrious political career and things will go wrong, 150 00:07:41,480 --> 00:07:44,559 Speaker 2: They'll be scandaled, there'll be something will happen that every 151 00:07:44,600 --> 00:07:47,840 Speaker 2: time that happens, you promise, you promise us all here 152 00:07:47,880 --> 00:07:49,840 Speaker 2: and now that you will come on news talks be 153 00:07:50,200 --> 00:07:51,600 Speaker 2: on the day that that happens. 154 00:07:52,800 --> 00:07:55,960 Speaker 3: I am I Amber John Key famously saying that it 155 00:07:56,080 --> 00:07:59,440 Speaker 3: was never the mistake, it was always the cover up 156 00:07:59,600 --> 00:08:02,160 Speaker 3: that led to the problem. And there are very few 157 00:08:02,200 --> 00:08:04,680 Speaker 3: things I agree with John Key about, but that's one 158 00:08:04,680 --> 00:08:08,360 Speaker 3: of the few things I do agree with you. I 159 00:08:08,400 --> 00:08:10,360 Speaker 3: haven't said yes because then there will be other raids 160 00:08:10,400 --> 00:08:15,080 Speaker 3: for stations available at the time. So I will well, 161 00:08:15,080 --> 00:08:16,880 Speaker 3: I'll tell you. I'll tell you what if I'm ever 162 00:08:17,000 --> 00:08:20,400 Speaker 3: if I'm ever in the situation where I'm looking at 163 00:08:20,400 --> 00:08:23,200 Speaker 3: something as bad as what appears to be Netball New Zealand, 164 00:08:23,600 --> 00:08:26,920 Speaker 3: then I will absolutely be standing in front of you 165 00:08:27,000 --> 00:08:28,239 Speaker 3: telling you this needs to change. 166 00:08:28,960 --> 00:08:31,280 Speaker 1: Oh I'm not. 167 00:08:31,240 --> 00:08:34,160 Speaker 2: Even gonna try for more than that, Craig Think. Thank you. 168 00:08:34,240 --> 00:08:37,360 Speaker 2: Craig Green c to YouTube economists and Nick leiget infrastructure 169 00:08:37,440 --> 00:08:38,520 Speaker 2: he did on your handle. 170 00:08:39,160 --> 00:08:42,319 Speaker 1: For more from Hither Duplessy Alan Drive, listen live to 171 00:08:42,440 --> 00:08:45,439 Speaker 1: news talks. It'd be from four pm weekdays, or follow 172 00:08:45,480 --> 00:08:47,280 Speaker 1: the podcast on iHeartRadio.