Speaker 1: You're listening to a Chasse podcast. The late Lloyd Morrison
Speaker 1: did actually set up in for two way back in
Speaker 1: the day. Would you say his aspirations have been realized?
Speaker 2: I don't know. He's quite ambitious guy, right, so that
Speaker 2: I suspect that's a pretty high bar that we're all
Speaker 2: continually trying to live up to. He he described it
Speaker 2: what he hoped for Infratoo before he passed away as
Speaker 2: as creating a great New Zealand company is what he said,
Speaker 2: which leaves quite a bit of room for interpretation. But
Speaker 2: I think what he is capturing there is you know
Speaker 2: there are it's more than a fund where you sort
Speaker 2: of pop in a few investments, like if you're doing
Speaker 2: your own investing and you sort of mix a match
Speaker 2: and you come out with a financial return and that's happy.
Speaker 2: His aspirations for Intole were much higher than that. A
Speaker 2: company that and you sort of saw this when he
Speaker 2: was alive, you know, was relevant to New Zealand and
Speaker 2: other markets if possible. When he advocated for the stock
Speaker 2: exchange not to be sold for various things that we're
Speaker 2: going on with airlines and the flag. Those are the
Speaker 2: levels of his aspirations for him a tool, and I
Speaker 2: think we're sort of still working I think on that
Speaker 2: part of his vision. How can you have kind of
Speaker 2: a broader place in people's hearts and minds than just
Speaker 2: like a spreadsheet.
Speaker 1: And also, I mean eighty percent of the business is Australasians.
Speaker 1: Still you call yourselves a global infrastructure investment company, but
Speaker 1: actually a lot of it still is based here. But
Speaker 1: I suppose is that always? Is that always what you're
Speaker 1: hoping to.
Speaker 2: Have or I think that's more just where we've come from,
Speaker 2: which is a strength. So the more mature businesses will
Speaker 2: be at home, the things where we're willing to take
Speaker 2: more risk will tend to still be at home. First. Really,
Speaker 2: where we want to take the investment portfolio is a
Speaker 2: kind of a more global version of what you see today.
Speaker 2: So could we have larger data seen the businesses offshore?
Speaker 2: I think that would be interesting from an investment perspective.
Speaker 2: And certainly we have every right, I think, given what
Speaker 2: we've achieved so far and this part of the world,
Speaker 2: to try to do that. And you can sort of
Speaker 2: see that in renewables as well. Right, we've had huge
Speaker 2: history with was TrustPower now monor energy tilt that came
Speaker 2: out of it definitely earned the right I think to
Speaker 2: try that offshore and Long Road in the US is
Speaker 2: the early sort of signs that maybe we can translate
Speaker 2: off that offshore, and we've got a few other ways
Speaker 2: to try and integrate that model into other jurisdictions as well.
Speaker 1: And Jason, what excites you about the future.
Speaker 2: I think trying to become that great New Zealand company
Speaker 2: is pretty exciting. Actually, a global version of what we've
Speaker 2: got would be really exciting. I think for seer orders,
Speaker 2: which includes me and actually a company that's known for
Speaker 2: I think being relevant, as I said, that looks after
Speaker 2: its staff, that looks up to its neighbors, that would
Speaker 2: be a very happy place. Investing involves risk. You might
Speaker 2: lose the money you start with. We recommend talking to
Speaker 2: a licensed financial advisor.
Speaker 1: We also recommend reading product disclosure documents before deciding to invest.