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Speaker 1: Sounds good on paper or indeed in front of you fans,

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Speaker 1: But we need more detail, don't we, on the so

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Speaker 1: called future Fund than the one hundred billion it will

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Speaker 1: raise and the tax and centivization that will be needed

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Speaker 1: to get the money in here in the first place,

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Speaker 1: it's the new New Zealand First policy. They celebrated their

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Speaker 1: thirty first get together over the weekend. As I'm sure

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Speaker 1: you're well aware, Peter's got a reasonable amount of coverage.

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Speaker 1: Didn't have too much of the old days about it,

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Speaker 1: where the television cameras wander around looking for weird oh's

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Speaker 1: to say funny things. Think about the government generally as

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Speaker 1: it tends to give you an element of credibility, and

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Speaker 1: I think that's what we're seeing. In fact, you could

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Speaker 1: argue after thirty one odd years, New Zealand First is

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Speaker 1: having its best days ever. I mean, yes, they've been

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Speaker 1: in power numerous times, but so far touch Wood this

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Speaker 1: time seems actually to be going smoothly. We've had nothing

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Speaker 1: of the previous friction. It is indeed early days. Of course,

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Speaker 1: it's currently helped by the fact that government is traveling

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Speaker 1: well and are solid in the polls and look set

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Speaker 1: to hold on for a good crack at another term. Indeed,

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Speaker 1: the so called green shoots were seeing at the moment

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Speaker 1: might well turn into a period next year or into

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Speaker 1: twenty twenty six of decent growth will come the election

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Speaker 1: year optimism that will see you return for another three years.

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Speaker 1: Peters previously and most certainly this time, is proving to

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Speaker 1: be an outstanding foreign minister as well, and helped in

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Speaker 1: no small part but the fact the previous one was

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Speaker 1: historically useless. But this future fund he talks of, this

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Speaker 1: is a key ingredient, the ability for foreign investors to

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Speaker 1: truly be part of the country. And to do that

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Speaker 1: you need to be able to buy a house. They

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Speaker 1: can't buy a house because of New Zealand First's policy

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Speaker 1: that doesn't allow it, which seems dichotomus, does it not

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Speaker 1: national compromise? You might remember in coalition talks carved out

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Speaker 1: foreign houses as those over two million bucks still not

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Speaker 1: good enough for New Zealand First. So it's a failed idea,

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Speaker 1: probably the biggest mistake actually national made giving it away.

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Speaker 1: You need foreigners, that part isn't needn debated these days.

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Speaker 1: We need them for labor as well as money, as

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Speaker 1: well as culture as well as population growth. To help that,

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Speaker 1: they need to feel like this is a place they

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Speaker 1: can call home. The easiest way to achieve that is

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Speaker 1: to allow them to set up shop in a house.

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Speaker 1: I'm convinced the policy will eventually be tipped over, but

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Speaker 1: until it is, you can talk about future funds all

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Speaker 1: you want. You can talk about foreign investment all you want,

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Speaker 1: but the door has to be open, not partially open,

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Speaker 1: not open with caveats. We aren't a big enough deal

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Speaker 1: globally to be forcing such a large compromise. For more

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Speaker 1: from The Mic Asking Breakfast, listen live to news talks

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Speaker 1: it be from six am weekdays, or follow the podcast

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Speaker 1: on iHeartRadio