1 00:00:00,120 --> 00:00:02,279 Speaker 1: Eve been coming up in the next hour. Shane Soley's 2 00:00:02,279 --> 00:00:04,160 Speaker 1: going to talk us through the markets around the world, 3 00:00:04,280 --> 00:00:07,520 Speaker 1: pricing in interest rate carts, Ryman's boss on why they're 4 00:00:07,600 --> 00:00:09,920 Speaker 1: raising prices in the hints is that people are living 5 00:00:10,000 --> 00:00:12,559 Speaker 1: longer and hanging around longer, basically, and then we'll have 6 00:00:12,600 --> 00:00:14,200 Speaker 1: a chat to Gavin Gray out of the UK. It's 7 00:00:14,240 --> 00:00:15,960 Speaker 1: seven past six and with us now as the finance 8 00:00:15,960 --> 00:00:17,560 Speaker 1: minister Nichola will I say, Nikola. 9 00:00:18,200 --> 00:00:19,000 Speaker 2: Good evening, Heather. 10 00:00:19,160 --> 00:00:20,840 Speaker 1: What are we going to do about the shambles we've 11 00:00:20,840 --> 00:00:21,800 Speaker 1: got in health at the moment? 12 00:00:23,520 --> 00:00:25,640 Speaker 2: Well, we're on UCH. We've got a commissioner in there. 13 00:00:25,800 --> 00:00:29,800 Speaker 2: He's making sure that that organization is focused on its targets, 14 00:00:29,840 --> 00:00:33,479 Speaker 2: which are about delivering more surgery to people, reducing wasting 15 00:00:33,640 --> 00:00:37,239 Speaker 2: times and being more efficient, and he is working very 16 00:00:37,240 --> 00:00:39,840 Speaker 2: hard on that. We've put more funding in, and we've 17 00:00:40,040 --> 00:00:42,599 Speaker 2: guaranteed that we will be putting more funding in at 18 00:00:42,640 --> 00:00:45,760 Speaker 2: each future budget. But you and I both know it's 19 00:00:45,800 --> 00:00:49,239 Speaker 2: not just about money. It's also about improving the systems 20 00:00:49,400 --> 00:00:52,279 Speaker 2: that doctors and nurses when they're doing their jobs, are 21 00:00:52,280 --> 00:00:55,240 Speaker 2: well supported to be as efficient as effective as possible. 22 00:00:55,280 --> 00:00:57,120 Speaker 1: Do you reckon there? Is efficiencies that can be found 23 00:00:57,160 --> 00:00:57,440 Speaker 1: in there. 24 00:00:58,640 --> 00:01:00,440 Speaker 2: Yes, I'll tell you when I think of it a lot, 25 00:01:00,960 --> 00:01:04,080 Speaker 2: and that is when you go to your GP or 26 00:01:04,280 --> 00:01:08,160 Speaker 2: you go to see your pharmacist, they're quite limited sometimes 27 00:01:08,160 --> 00:01:10,480 Speaker 2: in the roles that they're allowed to perform, and some 28 00:01:10,520 --> 00:01:12,520 Speaker 2: of the things you go to a GP for, maybe 29 00:01:12,560 --> 00:01:14,319 Speaker 2: a nurse could help with. Some of the things that 30 00:01:14,400 --> 00:01:17,839 Speaker 2: you go to a nurse with, maybe a pharmacist could 31 00:01:17,840 --> 00:01:20,679 Speaker 2: help with. So expanding the range of things that different 32 00:01:20,720 --> 00:01:25,400 Speaker 2: medical practitioners can perform, I think could help reduce wasting 33 00:01:25,480 --> 00:01:28,080 Speaker 2: times and deliver more efficiency in the system. And that 34 00:01:28,200 --> 00:01:29,280 Speaker 2: is something we're looking at. 35 00:01:29,560 --> 00:01:31,720 Speaker 1: Yeah, what do we do though about the funding? Because 36 00:01:31,760 --> 00:01:33,559 Speaker 1: I totally take your point and I think you're right. 37 00:01:34,000 --> 00:01:36,760 Speaker 1: But doctors, the gps themselves, we are so short on 38 00:01:36,760 --> 00:01:38,960 Speaker 1: them and they are completely underfunded. So are you prepared 39 00:01:39,000 --> 00:01:39,920 Speaker 1: to throw more money at them? 40 00:01:41,120 --> 00:01:44,080 Speaker 2: Well, we have put more money into GP not our 41 00:01:44,160 --> 00:01:48,400 Speaker 2: budget for a year. Well actually in this YEW budget 42 00:01:48,760 --> 00:01:50,960 Speaker 2: we added more than sixteen billion to the health system. 43 00:01:50,960 --> 00:01:54,000 Speaker 2: Over the next few years. Our health is the biggest 44 00:01:54,080 --> 00:01:57,120 Speaker 2: area of our budget and will be of every budget 45 00:01:57,680 --> 00:02:00,720 Speaker 2: that I deliver, So we ensure that it gets top ups. 46 00:02:00,520 --> 00:02:03,200 Speaker 1: And yeah, I know, I appreciate that, but they have 47 00:02:03,240 --> 00:02:04,720 Speaker 1: a look at what the GP's got, didn't they get 48 00:02:04,720 --> 00:02:05,240 Speaker 1: four percent? 49 00:02:06,680 --> 00:02:07,400 Speaker 2: Yes, that's correct. 50 00:02:07,560 --> 00:02:08,680 Speaker 1: That's not a lot, though, is it. 51 00:02:09,960 --> 00:02:13,079 Speaker 2: Well, that's of course above what inflation is now at. 52 00:02:13,160 --> 00:02:14,880 Speaker 1: Yeah, but I mean we're talking about it in a context, 53 00:02:14,919 --> 00:02:16,440 Speaker 1: and I appreciate that too, But we're talking about it 54 00:02:16,440 --> 00:02:19,640 Speaker 1: in a context where where we have to possibly completely 55 00:02:19,720 --> 00:02:21,720 Speaker 1: reinvent the way that we're doing this. Throw lots of 56 00:02:21,760 --> 00:02:24,080 Speaker 1: money at primary care so people don't get sick and 57 00:02:24,160 --> 00:02:25,920 Speaker 1: end up in hospital. So it's got to be like 58 00:02:26,040 --> 00:02:27,680 Speaker 1: multiples of four percent, doesn't it. 59 00:02:28,160 --> 00:02:29,760 Speaker 2: Well, I think we're also going to have to look 60 00:02:29,800 --> 00:02:33,200 Speaker 2: for new ways of using technology and new techniques and 61 00:02:33,280 --> 00:02:36,919 Speaker 2: talk to doctors themselves in our communities about what they 62 00:02:37,000 --> 00:02:39,120 Speaker 2: think is needed to free out more than more of 63 00:02:39,160 --> 00:02:42,120 Speaker 2: their time. So a lot of doctors choose to work 64 00:02:42,200 --> 00:02:44,880 Speaker 2: partial time, not full time. Often that's because of the 65 00:02:44,960 --> 00:02:47,880 Speaker 2: nature of the desire to balance family and work place. 66 00:02:47,960 --> 00:02:50,640 Speaker 2: So what are we doing actually to use technology so 67 00:02:50,680 --> 00:02:53,440 Speaker 2: that they can work some of their hours from home 68 00:02:53,600 --> 00:02:56,080 Speaker 2: like many other people do. How could we be using 69 00:02:56,160 --> 00:02:58,560 Speaker 2: apps and other technology so that some of them works 70 00:02:58,600 --> 00:03:02,160 Speaker 2: that they currently do could be done by others to 71 00:03:02,160 --> 00:03:05,200 Speaker 2: minimize the amount of administers of time they're having to spend, 72 00:03:05,240 --> 00:03:09,240 Speaker 2: for example. So I'm actually quite hopeful that with technology, 73 00:03:09,680 --> 00:03:12,360 Speaker 2: that with a more latural view of the roles of 74 00:03:12,440 --> 00:03:15,799 Speaker 2: different health providers, there is more productivity to be got 75 00:03:15,800 --> 00:03:18,760 Speaker 2: out of the system, not just a matter of more money. 76 00:03:18,760 --> 00:03:20,760 Speaker 2: Of course it's more money, but not just that. 77 00:03:21,120 --> 00:03:24,280 Speaker 1: Okay, so how long before how long is it going 78 00:03:24,320 --> 00:03:26,320 Speaker 1: to take you do you think Lester Levy dealing with 79 00:03:26,400 --> 00:03:30,000 Speaker 1: Health New Zealand the GP's finding efficiencies before we can 80 00:03:30,040 --> 00:03:31,280 Speaker 1: all look at it and go, hey, that's working a 81 00:03:31,280 --> 00:03:31,919 Speaker 1: lot better now. 82 00:03:33,120 --> 00:03:35,800 Speaker 2: I think you're going to see continued progress over the 83 00:03:35,840 --> 00:03:38,200 Speaker 2: next year. I think it's going to be a big 84 00:03:38,240 --> 00:03:40,920 Speaker 2: turnaround job that he's got on his hands and that 85 00:03:40,960 --> 00:03:44,040 Speaker 2: we've got on our hands. But I think by the 86 00:03:44,120 --> 00:03:46,600 Speaker 2: end of this term of parliament you will be seeing 87 00:03:46,600 --> 00:03:50,680 Speaker 2: significant improvements. But we have an expectation of progress every 88 00:03:50,800 --> 00:03:52,040 Speaker 2: year and you will see that. 89 00:03:52,680 --> 00:03:54,240 Speaker 1: Hey, what do you think is going on with the 90 00:03:54,280 --> 00:03:57,000 Speaker 1: toast and the maternity Ward and Wellington? Are they idiots 91 00:03:57,400 --> 00:03:59,880 Speaker 1: canceling this or are they deliberately are trying to. 92 00:04:00,080 --> 00:04:03,000 Speaker 2: I just hated that story because I have one of 93 00:04:03,000 --> 00:04:07,640 Speaker 2: those really firm poor memories of the moment after our 94 00:04:07,680 --> 00:04:10,080 Speaker 2: first son was born, of the nurse bringing me a 95 00:04:10,120 --> 00:04:12,840 Speaker 2: cup of milky tea and veg might on post and 96 00:04:12,880 --> 00:04:16,440 Speaker 2: me just feeling an even big ratitude towards her, and 97 00:04:16,440 --> 00:04:19,479 Speaker 2: it was so wistful, and the thought that new mums 98 00:04:19,520 --> 00:04:21,960 Speaker 2: wouldn't get that really upset me when I read it, 99 00:04:22,000 --> 00:04:23,760 Speaker 2: and I think it's just one of those things that 100 00:04:23,800 --> 00:04:27,480 Speaker 2: someone somewhere made a silly decision. The decision was that 101 00:04:27,560 --> 00:04:29,799 Speaker 2: it would better if people got a full meal after 102 00:04:29,880 --> 00:04:33,080 Speaker 2: they gave first rather than posts. But then in practice, 103 00:04:33,080 --> 00:04:34,839 Speaker 2: of course, that would be harder to deliver it, so 104 00:04:34,880 --> 00:04:38,560 Speaker 2: it didn't happen to some people. And look, doctor Reshi's 105 00:04:38,600 --> 00:04:39,720 Speaker 2: made it very clear to healthy. 106 00:04:39,800 --> 00:04:42,320 Speaker 1: Do you reckon that's what it was like? Bs on 107 00:04:42,400 --> 00:04:44,640 Speaker 1: that story from them. I reckon that they just did 108 00:04:44,640 --> 00:04:46,200 Speaker 1: this because of funding cuts. 109 00:04:47,080 --> 00:04:49,240 Speaker 2: Well, I take them at face, tell you, and that's 110 00:04:49,279 --> 00:04:50,800 Speaker 2: what I read as their explanation. 111 00:04:51,279 --> 00:04:53,760 Speaker 1: Yeah, but I mean, you know, if you're in hospital, 112 00:04:53,760 --> 00:04:55,279 Speaker 1: you have to wait till the prescribed meal time. So 113 00:04:55,279 --> 00:04:57,159 Speaker 1: if you're giving birth, I don't know, let's say nine o'clock, 114 00:04:57,160 --> 00:05:00,840 Speaker 1: you're waiting until midday one to have some meals no. 115 00:05:00,920 --> 00:05:03,839 Speaker 2: Argument to me, hopeless ideas and I'm just glad that 116 00:05:03,880 --> 00:05:06,000 Speaker 2: the woman at Wellington Hospital will be getting their time. 117 00:05:06,040 --> 00:05:08,920 Speaker 1: Common senses prevailed. But hey, listen, can you actually rule 118 00:05:08,960 --> 00:05:10,919 Speaker 1: out the fact though, that there are a bunch of 119 00:05:10,920 --> 00:05:13,279 Speaker 1: people working in the public service who are determined to 120 00:05:13,320 --> 00:05:16,440 Speaker 1: get you negative headlines and this is one of those examples. 121 00:05:17,760 --> 00:05:20,400 Speaker 2: Well, in politics there are always people who want to 122 00:05:20,440 --> 00:05:23,400 Speaker 2: search out the negative, and our job is to make extraal, 123 00:05:23,600 --> 00:05:27,440 Speaker 2: tangible progress so that people experience that. And I'm confident 124 00:05:27,480 --> 00:05:30,080 Speaker 2: that are across a range of domains people are seeing that, 125 00:05:30,160 --> 00:05:33,000 Speaker 2: you know, inflation's coming down, interest rates are coming down, 126 00:05:33,360 --> 00:05:36,800 Speaker 2: tax releases and bank accounts and ungry please, business confidence 127 00:05:36,880 --> 00:05:39,880 Speaker 2: is up. These are real things. So Nancy negative can 128 00:05:39,920 --> 00:05:43,040 Speaker 2: go on, but we've actually got to focus on delivering results. 129 00:05:43,080 --> 00:05:45,640 Speaker 1: Did you see Carolyn McLeish suggesting that we sell down 130 00:05:45,640 --> 00:05:46,240 Speaker 1: some assets. 131 00:05:48,080 --> 00:05:48,599 Speaker 2: Yes, I did. 132 00:05:49,000 --> 00:05:51,359 Speaker 1: It's becoming a regular in our slot. I'm just going 133 00:05:51,440 --> 00:05:53,920 Speaker 1: to advocate right at your nikola to sell down some assets. 134 00:05:53,960 --> 00:05:58,080 Speaker 2: What did you think, Well, I thought that that was 135 00:05:58,080 --> 00:06:02,120 Speaker 2: consistent of the advice that Treasure we gave us after 136 00:06:02,160 --> 00:06:06,080 Speaker 2: the election. Obviously, as we're discussed on your show. Previously, 137 00:06:06,120 --> 00:06:08,600 Speaker 2: the Prime Minister has said that we don't intend to 138 00:06:08,640 --> 00:06:13,600 Speaker 2: be selling those state owned enterprises this term. We are 139 00:06:13,680 --> 00:06:16,960 Speaker 2: looking at the purpose of the ownership we have in 140 00:06:17,080 --> 00:06:19,880 Speaker 2: many state assets to ensure that we're using that money 141 00:06:20,160 --> 00:06:22,479 Speaker 2: to the best advantage for New Zealanders and that they're 142 00:06:22,480 --> 00:06:24,760 Speaker 2: performing well. So they're doing that work. 143 00:06:25,000 --> 00:06:27,479 Speaker 1: Did you look at TV and Z whether it's multimillion 144 00:06:27,520 --> 00:06:29,280 Speaker 1: dollar loss this year and think, well, I'd love to 145 00:06:29,279 --> 00:06:29,839 Speaker 1: get rid of you. 146 00:06:31,480 --> 00:06:33,839 Speaker 2: Well, look, it's a real worry what's happening with the 147 00:06:33,920 --> 00:06:37,440 Speaker 2: media generally. And I acknowledge that I'm onney getting many 148 00:06:37,480 --> 00:06:41,080 Speaker 2: who are still managing to operate a profitable business, So 149 00:06:41,760 --> 00:06:44,719 Speaker 2: good on you. But across the world the media is 150 00:06:44,800 --> 00:06:48,920 Speaker 2: finding things challenging with new revenue models, and TV enged 151 00:06:49,360 --> 00:06:53,080 Speaker 2: is caught in that, and it's our expectation that they 152 00:06:53,320 --> 00:06:56,719 Speaker 2: do perform better financially. It is a disappointing result and 153 00:06:56,760 --> 00:06:59,159 Speaker 2: we're expecting them to work towards a plan to rectify it. 154 00:07:00,040 --> 00:07:02,320 Speaker 1: Did you look at a New Zealand's tiny, tiny little 155 00:07:02,360 --> 00:07:05,520 Speaker 1: profit and think I'd love to get rid of you. 156 00:07:05,520 --> 00:07:09,600 Speaker 2: No, that wasn't my reaction. We'd actually expected their result 157 00:07:09,680 --> 00:07:11,960 Speaker 2: not to be as good as last year they have 158 00:07:12,080 --> 00:07:16,360 Speaker 2: been having those engine issues. There is a difficult economic context. 159 00:07:16,560 --> 00:07:19,240 Speaker 2: Then they are arrange of factors, but of course at 160 00:07:19,240 --> 00:07:22,960 Speaker 2: the same time always saying how can you perform better? 161 00:07:23,040 --> 00:07:24,960 Speaker 2: How can you do better next year? That's our job 162 00:07:25,040 --> 00:07:26,440 Speaker 2: as a key sheholder. 163 00:07:26,760 --> 00:07:29,440 Speaker 1: And what about New Zealand Posts lost? Did you think 164 00:07:29,640 --> 00:07:31,200 Speaker 1: I'd love to divest myself of you? 165 00:07:33,080 --> 00:07:36,720 Speaker 2: Well, the challenge on envied Post, of course is that 166 00:07:37,480 --> 00:07:40,480 Speaker 2: I don't think there's anyone else who would want to 167 00:07:40,520 --> 00:07:43,280 Speaker 2: take over sending the letters to everyone in New Zealand. 168 00:07:43,320 --> 00:07:46,960 Speaker 2: It's a challenging business to run. It's an important public 169 00:07:47,040 --> 00:07:49,880 Speaker 2: service and so they balance that, of course with your 170 00:07:49,920 --> 00:07:52,920 Speaker 2: career business and the other functions. Again, as for all 171 00:07:52,960 --> 00:07:57,600 Speaker 2: of these entities, they've got tax payer dollars that have 172 00:07:57,920 --> 00:07:59,760 Speaker 2: funded them through the years, and we want to see 173 00:07:59,760 --> 00:08:02,760 Speaker 2: those dollars performing the best they can for New Zealanders. 174 00:08:03,120 --> 00:08:06,400 Speaker 1: Nicholas Michael Hill has just posted its results right, and 175 00:08:06,680 --> 00:08:09,160 Speaker 1: of course they operate across Australia, Canada and New Zealand 176 00:08:09,160 --> 00:08:11,120 Speaker 1: in Australia, and I'm talking about this financial year, the 177 00:08:11,120 --> 00:08:14,400 Speaker 1: one that we're eight weeks into. Canada's same store sales 178 00:08:14,400 --> 00:08:16,560 Speaker 1: have gone up four percent. Ozsies have gone up five 179 00:08:16,600 --> 00:08:19,360 Speaker 1: percent and ours have gone down six percent. What's going on? 180 00:08:21,200 --> 00:08:24,200 Speaker 2: Yeah, Look, I think that there has been some real 181 00:08:24,320 --> 00:08:27,400 Speaker 2: challenges with crime. That's a real focus for us coming 182 00:08:27,400 --> 00:08:30,960 Speaker 2: in as a government, and we are making progress. In 183 00:08:31,000 --> 00:08:33,040 Speaker 2: the first five months of this year, there were fifteen 184 00:08:33,080 --> 00:08:36,720 Speaker 2: percent fewer burglaries, ten percent for you, aggravated robberies. So 185 00:08:36,800 --> 00:08:39,000 Speaker 2: we are seeing signs of progress, but there's a lot 186 00:08:39,040 --> 00:08:41,320 Speaker 2: more work to do, and we're doing it. 187 00:08:41,960 --> 00:08:43,840 Speaker 1: Are you worried that if it carries on like this 188 00:08:43,920 --> 00:08:45,800 Speaker 1: with the crime that you will Actually I mean, Michael 189 00:08:45,840 --> 00:08:48,160 Speaker 1: Hill's only shot two stores, but are you worried they're 190 00:08:48,160 --> 00:08:50,280 Speaker 1: going to shut more? Other businesses may fold up and 191 00:08:50,280 --> 00:08:51,960 Speaker 1: just decide it's not worth doing business here. 192 00:08:52,760 --> 00:08:54,640 Speaker 2: Well, we don't want that to happen, and that's why 193 00:08:54,679 --> 00:08:58,319 Speaker 2: we're taking fighting crime so seriously. It's why we're introducing 194 00:08:58,640 --> 00:09:01,320 Speaker 2: measures to have stronger centers while we're going hat on 195 00:09:01,360 --> 00:09:04,319 Speaker 2: the gangs and people will have observed what happened to 196 00:09:04,320 --> 00:09:08,040 Speaker 2: the common chios last week. It's why we're doing everything 197 00:09:08,120 --> 00:09:11,160 Speaker 2: we can to disrupt criminal behavior because ultimately it's a 198 00:09:11,240 --> 00:09:14,360 Speaker 2: threat to public safety also a threat to business. We 199 00:09:14,440 --> 00:09:16,520 Speaker 2: don't like that and we're acting hard list. 200 00:09:16,760 --> 00:09:20,679 Speaker 1: Do you know where that sentencing law is at? 201 00:09:20,800 --> 00:09:24,600 Speaker 2: I know that the Minister in charge, Paul Goldsmith, is 202 00:09:24,640 --> 00:09:26,840 Speaker 2: progressing that and we'll have more to say about it. 203 00:09:26,920 --> 00:09:29,080 Speaker 1: So oh brilliant. Okay, give them the hurry up, Nicholas, 204 00:09:29,080 --> 00:09:31,440 Speaker 1: thank you very much, really appreciated. It's Nichola Willis, the 205 00:09:31,480 --> 00:09:35,560 Speaker 1: Finance Minister. For more from Heather Duplessy Allen Drive, Listen 206 00:09:35,640 --> 00:09:38,599 Speaker 1: live to news talks. It'd be from four pm weekdays, 207 00:09:38,800 --> 00:09:40,920 Speaker 1: or follow the podcast on iHeartRadio