1 00:00:00,160 --> 00:00:02,320 Speaker 1: Right now though. Thomas Coglan, the Herald's political editor. 2 00:00:02,360 --> 00:00:04,480 Speaker 2: Hey Thomas here, good afternoon. 3 00:00:04,640 --> 00:00:07,600 Speaker 1: Okay, so we've got the Q three to do list. 4 00:00:07,680 --> 00:00:09,040 Speaker 1: Are you thrilled? 5 00:00:10,840 --> 00:00:13,239 Speaker 2: Look, look, it's fair to say that quarterly action plans 6 00:00:13,280 --> 00:00:15,680 Speaker 2: are probably not my cup of tea and perhaps not 7 00:00:15,720 --> 00:00:20,480 Speaker 2: the audience for them. But look, there's some decent, decent 8 00:00:20,480 --> 00:00:23,120 Speaker 2: stuff on this and to be fair that the Prime 9 00:00:23,160 --> 00:00:26,599 Speaker 2: Minister there are only only two two actions of the 10 00:00:26,680 --> 00:00:29,319 Speaker 2: last plan that he didn't take off completely. Some big 11 00:00:29,320 --> 00:00:31,840 Speaker 2: things as well, repealing the ban on offshore all in 12 00:00:31,920 --> 00:00:35,800 Speaker 2: gas exploration. That was a pretty big, pretty big thing 13 00:00:35,840 --> 00:00:38,880 Speaker 2: that the last government did that this government wants to repeal. There's, 14 00:00:38,880 --> 00:00:41,680 Speaker 2: of course, the supermarket competition issues that the government has 15 00:00:41,720 --> 00:00:44,600 Speaker 2: promised to address. So it says it will amount to 16 00:00:44,600 --> 00:00:47,440 Speaker 2: the next steps to improve supermarket competition. Well, it's said 17 00:00:47,440 --> 00:00:50,800 Speaker 2: a good I guess we'll judge. We'll judge the merits 18 00:00:50,800 --> 00:00:54,160 Speaker 2: at that point by how how they can robust and 19 00:00:54,520 --> 00:00:57,720 Speaker 2: effective those supermarket competition measures are. 20 00:00:58,520 --> 00:01:01,720 Speaker 1: Okay, the who that he hasn't managed to do from 21 00:01:01,800 --> 00:01:05,319 Speaker 1: Q two take cabinet decisions on capital market sectings settings 22 00:01:05,360 --> 00:01:07,959 Speaker 1: to improve barriers to listing, reduced cost firms blah blah blah, 23 00:01:08,000 --> 00:01:10,600 Speaker 1: enable greater investment of private assets from keep saber provartists. 24 00:01:10,760 --> 00:01:13,520 Speaker 1: They're doing that, and they haven't published the AI strategy. 25 00:01:13,560 --> 00:01:15,280 Speaker 1: They're doing that. We could probably give them a pass 26 00:01:15,319 --> 00:01:16,040 Speaker 1: on that can't. 27 00:01:15,840 --> 00:01:19,000 Speaker 2: We Yes, I don't think. I don't think the world 28 00:01:19,280 --> 00:01:21,559 Speaker 2: is going to stop turning just because those two muses 29 00:01:21,600 --> 00:01:23,720 Speaker 2: are a week at least, I think I I think 30 00:01:23,720 --> 00:01:26,759 Speaker 2: I'll give them an a a for giving them. 31 00:01:26,840 --> 00:01:29,600 Speaker 1: The queue In the Q three, Is there anything that 32 00:01:29,880 --> 00:01:31,880 Speaker 1: surprises you because a lot of the stuff is stuff 33 00:01:31,920 --> 00:01:34,720 Speaker 1: that has been pre announced. For example, as you say 34 00:01:34,720 --> 00:01:37,480 Speaker 1: the oil and Bass, the oil and Gas Exploration Band, 35 00:01:37,480 --> 00:01:39,480 Speaker 1: we already knew that was going to be repealed. The 36 00:01:40,040 --> 00:01:43,040 Speaker 1: decisions about tightening the benefit eligibility for eighteen and nineteen 37 00:01:43,120 --> 00:01:44,960 Speaker 1: year olds, already knew that kind of stuff was going 38 00:01:44,959 --> 00:01:46,040 Speaker 1: to happen. Anything surprising. 39 00:01:47,840 --> 00:01:50,400 Speaker 2: I haven't gone through all of them that they were now, 40 00:01:50,480 --> 00:01:52,000 Speaker 2: just as afternoons, I haven't got through all of them 41 00:01:52,000 --> 00:01:55,080 Speaker 2: to took off stuff that stuff that is new that 42 00:01:55,200 --> 00:01:58,520 Speaker 2: there hasn't been signaled. One thing they might have signaled 43 00:01:58,520 --> 00:02:01,200 Speaker 2: this and if they have done, I apologize for not 44 00:02:01,240 --> 00:02:05,400 Speaker 2: reading it. That they're planning to establish a major Events 45 00:02:05,440 --> 00:02:07,440 Speaker 2: fund to attract a one off major events fund to 46 00:02:07,560 --> 00:02:10,560 Speaker 2: attract large events in New Zealand. Obviously that is going 47 00:02:10,600 --> 00:02:13,640 Speaker 2: to send probably David Seymour into space a little bit 48 00:02:13,639 --> 00:02:15,239 Speaker 2: because it's really not his kind of cup of tea. 49 00:02:15,720 --> 00:02:19,240 Speaker 2: But I mentioned National New Zealand first. Quite keen on it. 50 00:02:19,400 --> 00:02:21,320 Speaker 2: Just a pot of money. It sounds like to attract 51 00:02:21,880 --> 00:02:23,840 Speaker 2: big events and contents to New Zealand. That's quite interesting. 52 00:02:23,880 --> 00:02:25,280 Speaker 2: I hadn't heard about that before. It doesn't mean they 53 00:02:25,320 --> 00:02:27,520 Speaker 2: hadn't announced it before, but I hadn't seen it. 54 00:02:27,600 --> 00:02:30,560 Speaker 1: Yeah, I'll take that. Okay. Land Corp. What are they 55 00:02:30,560 --> 00:02:30,960 Speaker 1: going to do? 56 00:02:32,600 --> 00:02:34,519 Speaker 2: Thank well? I think I think they're going to be sold. 57 00:02:35,040 --> 00:02:38,880 Speaker 2: And the is the issue as a landcorp is at 58 00:02:38,960 --> 00:02:42,480 Speaker 2: which trades has pame you. It's the government's farming sy 59 00:02:42,520 --> 00:02:44,000 Speaker 2: It actually doesn't own a lot of the land that 60 00:02:44,040 --> 00:02:49,239 Speaker 2: it's farms from other government lands. They the chief executive 61 00:02:49,639 --> 00:02:52,840 Speaker 2: pay has been pretty generous in the last a little while. 62 00:02:53,040 --> 00:02:56,359 Speaker 2: It increased dramatically while their profits haved over the last 63 00:02:56,400 --> 00:02:59,119 Speaker 2: three years. Simeon Brown, the State Owned Enterprises Minister, got 64 00:02:59,120 --> 00:03:02,280 Speaker 2: some advice from True officials about all of their state 65 00:03:02,320 --> 00:03:05,360 Speaker 2: and enterprises. Basically, it found that there was no relationship 66 00:03:05,400 --> 00:03:09,080 Speaker 2: between the ncity performance and the chief executive pay. Now, 67 00:03:09,639 --> 00:03:12,240 Speaker 2: obviously that's not great in and of itself, but the 68 00:03:12,240 --> 00:03:15,119 Speaker 2: backdrop to this is the jungle drums are beating for 69 00:03:15,160 --> 00:03:18,040 Speaker 2: the twenty twenty six selection to have national running on 70 00:03:18,160 --> 00:03:22,880 Speaker 2: some policy of privatization, and this information which we got 71 00:03:22,880 --> 00:03:26,519 Speaker 2: in just a generic LAA request to Treasury, it does 72 00:03:26,560 --> 00:03:29,080 Speaker 2: suggest that the government is building a case for the 73 00:03:29,080 --> 00:03:31,880 Speaker 2: fact that these entities are underperforming and it would be 74 00:03:31,880 --> 00:03:35,000 Speaker 2: better to introduce some private sector energy. 75 00:03:35,440 --> 00:03:36,880 Speaker 1: Thomas, good to talk to you. Thank you so much, 76 00:03:36,880 --> 00:03:38,960 Speaker 1: appreciate it. Thomas Coglan, the Herald's political editi 77 00:03:39,520 --> 00:03:42,680 Speaker 2: For more from Heather Duplessy Alan Drive, listen live to 78 00:03:42,760 --> 00:03:45,800 Speaker 2: news talks that'd be from four pm weekdays, or follow 79 00:03:45,840 --> 00:03:47,560 Speaker 2: the podcast on iHeartRadio.