1 00:00:00,080 --> 00:00:01,720 Speaker 1: I think it's fair to say, don't you think that 2 00:00:01,840 --> 00:00:04,680 Speaker 1: Labour's first policy has been a flop. It's been panned 3 00:00:04,680 --> 00:00:08,119 Speaker 1: by pretty much everybody worth listening to or worth reading. 4 00:00:08,240 --> 00:00:10,480 Speaker 1: I mean, I see Mikey Sherman over over at TVNZ 5 00:00:10,680 --> 00:00:13,040 Speaker 1: liked it last night. She called it a solid first 6 00:00:13,080 --> 00:00:16,400 Speaker 1: hat on tally, But I think everyone else seems to 7 00:00:16,440 --> 00:00:18,920 Speaker 1: have seen through what Chippy's trying to do here. Let 8 00:00:18,920 --> 00:00:21,119 Speaker 1: me quote you some Tom pull A Strekker at The 9 00:00:21,160 --> 00:00:25,079 Speaker 1: Post Labour's Future Fund hits the buzzwords, but the rationale 10 00:00:25,120 --> 00:00:28,440 Speaker 1: is hard to follow. Patrick Smelley at Business Desk. This 11 00:00:28,480 --> 00:00:31,600 Speaker 1: suggests either that labor is economically illiterate or that its 12 00:00:31,600 --> 00:00:34,920 Speaker 1: target audience is presumed to be Radio New Zealand. The 13 00:00:34,960 --> 00:00:38,120 Speaker 1: distinct lack of detail has left Labour somewhat exposed, evoking 14 00:00:38,159 --> 00:00:40,960 Speaker 1: echoes of other ambitious projects that fizzled, like Key We 15 00:00:41,000 --> 00:00:43,960 Speaker 1: Build All the Green Investment Fund. Gina Tibscherany at The 16 00:00:44,000 --> 00:00:46,240 Speaker 1: Herald says this is actually less about making New Zealand 17 00:00:46,280 --> 00:00:48,160 Speaker 1: wealthy and really more about having a crack at national 18 00:00:48,200 --> 00:00:51,159 Speaker 1: impossible asset sales at the next election. Henry Cook at 19 00:00:51,159 --> 00:00:55,120 Speaker 1: The Post Labour's Future Fund promises everything and nothing. It's 20 00:00:55,120 --> 00:00:57,200 Speaker 1: hard to know what to really make of this. And 21 00:00:57,240 --> 00:00:59,280 Speaker 1: then Patrick Smelley again, because his piece is just so 22 00:00:59,360 --> 00:01:01,840 Speaker 1: a viscerated Labor will have to do a whole lot 23 00:01:01,840 --> 00:01:04,280 Speaker 1: better than this. Now, basically what you could take from 24 00:01:04,280 --> 00:01:06,640 Speaker 1: that is that no one serious is convinced by it, 25 00:01:06,680 --> 00:01:10,200 Speaker 1: because Labour has taken a great idea, which is Singapore's Temrsek, 26 00:01:10,319 --> 00:01:12,800 Speaker 1: and then taken all all the taken away all the 27 00:01:12,800 --> 00:01:16,720 Speaker 1: things that make tamask successful. Tamasik sells assets, this lot 28 00:01:16,760 --> 00:01:20,160 Speaker 1: is not allowed. Tamasik invests overseas, this lot is not allowed. 29 00:01:20,240 --> 00:01:21,760 Speaker 1: That's just a couple of the problems here. I mean 30 00:01:21,800 --> 00:01:23,919 Speaker 1: the list, honestly, the list of problems in this policy 31 00:01:23,959 --> 00:01:26,440 Speaker 1: announcement is so long we could do an entire show 32 00:01:26,480 --> 00:01:29,080 Speaker 1: about it. I suspect Labor knows this. I think they 33 00:01:29,080 --> 00:01:31,040 Speaker 1: know it's a bad idea. They just think we're too 34 00:01:31,120 --> 00:01:34,280 Speaker 1: stupid to realize how bad an idea it is. They 35 00:01:34,319 --> 00:01:35,959 Speaker 1: think that we're going to be hoodwinked by all of 36 00:01:35,959 --> 00:01:38,399 Speaker 1: the feel good slogans about investing in New Zealand's future 37 00:01:38,440 --> 00:01:40,440 Speaker 1: and cutting out the foreign investors and stuff like that. 38 00:01:40,640 --> 00:01:42,640 Speaker 1: But I'm happy to report that judging by the media 39 00:01:42,640 --> 00:01:44,880 Speaker 1: around up, I just read you when we're not at 40 00:01:44,880 --> 00:01:47,600 Speaker 1: all as stupid as Labour thinks we are. We can 41 00:01:47,600 --> 00:01:50,320 Speaker 1: see a dog policy when we're presented by Worth one 42 00:01:50,480 --> 00:01:54,160 Speaker 1: and this is one. For more from Heather Duplessy Allen Drive, 43 00:01:54,320 --> 00:01:57,760 Speaker 1: Listen live to news talks it'd be from four pm weekdays, 44 00:01:57,880 --> 00:02:00,160 Speaker 1: or follow the podcast on iHeart Radio h