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Speaker 1: By the way, on the Trump tariffs thing, obviously there's

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Speaker 1: been a bit of talk about Trump wanting to put

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Speaker 1: some tariffs on pharmaceutical products and stuff like that. So

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Speaker 1: we have a chat to doctor Graham Jarvis of Medicines

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Speaker 1: New Zealand. He's the CEO there be with us in

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Speaker 1: around about twenty minutes time or thereabouts. Right now, it's

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Speaker 1: eighteen past six. Now, as we've been discussing, the Marhori

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Speaker 1: Party want Marty to be able to receive the pension.

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Speaker 1: It's ten years earlier than the rest of us, so

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Speaker 1: all of us get it at sixty five and they

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Speaker 1: want Marty to get it at fifty five. Genative Trainey

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Speaker 1: as The Herald's Wellington business editor and with us.

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Speaker 2: Now, how do you name hey Heather? All right?

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Speaker 1: How did the guardians of the Superfund react when they

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Speaker 1: heard this completely copped idea?

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Speaker 2: Well, I think when the Tapati Mahri co leader Rahbari

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Speaker 2: Wayitetti asked the guardians, they were a bit shocked. Because

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Speaker 2: the Superfund is in charge of managing the country's sovereign

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Speaker 2: wealth fund that will help pay for super in the future.

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Speaker 2: It's not responsible for setting policy around who should receive

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Speaker 2: you know, n Z super and win. But as always

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Speaker 2: have in these select committee meetings that the politicians run,

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Speaker 2: they always try to use them to promote their own policies.

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Speaker 2: And that's exactly what to Party Mary did in this one.

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Speaker 1: Now, explain to me, because this is this is the

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Speaker 1: this is the thing that is perplexingly why doesn't Labor

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Speaker 1: just kill us at idea immediately?

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Speaker 2: Yeah, Look, that is the key question, and that's what

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Speaker 2: really makes us an issue. To Party Marti has had

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Speaker 2: this policy for some time. It believes that age should

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Speaker 2: be lower because Marty's life expectancy is lower, you know,

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Speaker 2: and that is that is correct, It is about eight

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Speaker 2: years lower than Pakiha. But then also Asian people have

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Speaker 2: higher life expectancy, the European and others. So it starts

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Speaker 2: to get awfully difficult when you look at the different

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Speaker 2: races and different life expectancies. But that's that's Party Marti's view. Interestingly,

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Speaker 2: Labor did not shoot this idea down straight away. Now

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Speaker 2: the reason you think it might is because this is

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Speaker 2: a very controversial view and Labor obviously tries to pitch

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Speaker 2: for that middle ground. I'm not sure how well this

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Speaker 2: policy would go down with the middle ground. But interestingly

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Speaker 2: I wrote the story that you know said Labor was

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Speaker 2: fairly tight lipped on the issue. But since then, just

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Speaker 2: short just this afternoon, the Labor Party came back to

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Speaker 2: me and said, oh, we're updating our position and they've

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Speaker 2: categorically said we have no plans to change the age

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Speaker 2: of super yeah, and would not support targeting eligibility on

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Speaker 2: the basis of ethnic.

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Speaker 1: So I mean fair to say that what this was

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Speaker 1: most likely is just a kind of I don't want

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Speaker 1: to say she's green, because she's not green, but just

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Speaker 1: a reasonably new MP in Barbara Edmonds trying to feel

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Speaker 1: her way politically on this right, So just a tiny

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Speaker 1: misstep from her rather than anything massive.

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Speaker 2: I'm not too sure what happened at the Labor Party side.

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Speaker 2: I'm not really really too sure. But I think the

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Speaker 2: bigger picture here is that we have seen with this

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Speaker 2: coalition government that you know, we if we dismiss minor

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Speaker 2: parties policies because we think, oh, well, that's never going

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Speaker 2: to happen, you know, you never know what can happen

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Speaker 2: if the major parties do end up needing that the

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Speaker 2: minor parties support going into government.

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Speaker 1: That's a fair point that you make actually, Thanks very much.

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Speaker 1: Ja Toperney, the Heralds Wellington Business Editor. For more from

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Speaker 1: Heather Duplicy Allen Drive, listen live to news talks. It'd

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Speaker 1: be from four pm weekdays, or follow the podcast on

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Speaker 1: iHeartRadio