1 00:00:00,200 --> 00:00:03,239 Speaker 1: The government also this week Big International Investment Summer opens Thursday, 2 00:00:03,560 --> 00:00:05,880 Speaker 1: rolls out the red cap and the big picture. Basically, 3 00:00:05,960 --> 00:00:08,440 Speaker 1: our doors are open and we want your money and 4 00:00:08,480 --> 00:00:11,440 Speaker 1: to report out in the lead up to that show's 5 00:00:11,480 --> 00:00:15,400 Speaker 1: investors are hungry for opportunities, so investment companies and funds 6 00:00:15,400 --> 00:00:18,599 Speaker 1: across Australasia this has took part in this particular study. 7 00:00:18,880 --> 00:00:22,560 Speaker 1: Northern Infrastructure Forum Executive Director Barney irvines with us on this. Barney, 8 00:00:22,640 --> 00:00:23,400 Speaker 1: very good morning to you. 9 00:00:24,200 --> 00:00:24,760 Speaker 2: Good morning. 10 00:00:24,840 --> 00:00:26,560 Speaker 1: What do you specifically ask. 11 00:00:28,080 --> 00:00:33,000 Speaker 2: We asked primarily about the levels of interest in the 12 00:00:33,000 --> 00:00:35,920 Speaker 2: New Zealand news in the market and just to clarify 13 00:00:36,120 --> 00:00:41,640 Speaker 2: these there are some New Zealand in Australia based investors 14 00:00:41,800 --> 00:00:45,360 Speaker 2: and bunds, but a number of them were also very 15 00:00:45,400 --> 00:00:47,320 Speaker 2: much international players. Good. 16 00:00:47,640 --> 00:00:49,880 Speaker 1: So one of the problems though this coming weekend is 17 00:00:49,880 --> 00:00:51,920 Speaker 1: I understand it Thursday and Friday, is there's only four 18 00:00:51,920 --> 00:00:54,080 Speaker 1: PPPs up from the government's point of view, and one 19 00:00:54,120 --> 00:00:55,600 Speaker 1: of which is a road and there's a school and 20 00:00:55,640 --> 00:00:59,000 Speaker 1: a prisoner. There are we offering enough up to invest in? 21 00:01:00,200 --> 00:01:03,200 Speaker 2: Look, that is really the big challenge. And so coming 22 00:01:03,240 --> 00:01:05,039 Speaker 2: back to what you were saying before, Yes, there is 23 00:01:05,160 --> 00:01:07,840 Speaker 2: there is interest in the New Zealand market. This is 24 00:01:08,040 --> 00:01:10,600 Speaker 2: sort of a positive glow around the news in the 25 00:01:10,680 --> 00:01:14,440 Speaker 2: market and investors really like the signals. But the bottom 26 00:01:14,480 --> 00:01:17,160 Speaker 2: line is that they need to see a pipeline of 27 00:01:17,560 --> 00:01:22,560 Speaker 2: high quality funded projects and if they don't see that, 28 00:01:22,560 --> 00:01:26,440 Speaker 2: that that glow will will very likely fade pretty pretty 29 00:01:26,480 --> 00:01:31,360 Speaker 2: pretty steadily. And so yes, we would need to see 30 00:01:31,400 --> 00:01:35,520 Speaker 2: more than more than four four projects and we are 31 00:01:35,560 --> 00:01:36,160 Speaker 2: going to have to. 32 00:01:36,880 --> 00:01:39,800 Speaker 1: Okay, having said that, then so you've got twofold to 33 00:01:39,840 --> 00:01:41,960 Speaker 1: two things. You've got one are they going to spend? 34 00:01:41,959 --> 00:01:44,280 Speaker 1: But the other one is we're open for business. What 35 00:01:44,319 --> 00:01:47,360 Speaker 1: your report suggests is they know we are open for business. 36 00:01:47,480 --> 00:01:51,600 Speaker 2: Is that there absolutely they've got that. They've certainly got 37 00:01:51,600 --> 00:01:54,600 Speaker 2: that message. And you know that the efforts at building 38 00:01:56,120 --> 00:02:00,080 Speaker 2: building sort of bipartisan support and the focus on that 39 00:02:01,440 --> 00:02:03,760 Speaker 2: has been received very well as well. 40 00:02:03,840 --> 00:02:06,720 Speaker 1: Good stuff Barney, good insight, Barney Irvine, who's with the 41 00:02:06,760 --> 00:02:09,960 Speaker 1: Northern Infrastructure Forum Executive director christ Bishop, who I alluded 42 00:02:10,000 --> 00:02:11,919 Speaker 1: to a moment ago, also happens to be a big 43 00:02:11,960 --> 00:02:14,600 Speaker 1: player in this big investment conference coming this weekend. And 44 00:02:14,680 --> 00:02:16,880 Speaker 1: there are only I can't remember them all. It's not 45 00:02:16,919 --> 00:02:18,679 Speaker 1: that many to remember, so it's my fault. But there's 46 00:02:18,720 --> 00:02:21,760 Speaker 1: a road, there's a prison. I think there's a school 47 00:02:21,840 --> 00:02:25,200 Speaker 1: or some school project, but it's hardly like, oh my god, 48 00:02:25,280 --> 00:02:27,880 Speaker 1: look at the stuff we've rolled out. For more from 49 00:02:27,880 --> 00:02:31,040 Speaker 1: the Mic Asking Breakfast, listen live to news talks it'd 50 00:02:31,040 --> 00:02:34,919 Speaker 1: be from six am weekdays, or follow the podcast on iHeartRadio.