1
00:00:00,040 --> 00:00:02,160
Speaker 1: I suppose technically it is only halfway through, I mean

2
00:00:02,200 --> 00:00:04,920
Speaker 1: today still to go. But this investment summit it look

3
00:00:05,000 --> 00:00:07,120
Speaker 1: good to me day one. There seems no doubt that

4
00:00:07,200 --> 00:00:09,039
Speaker 1: one a lot of people with a lot of money

5
00:00:09,080 --> 00:00:11,080
Speaker 1: turned up, and two some of them spoke of their

6
00:00:11,119 --> 00:00:13,280
Speaker 1: desire to bid for projects. Now the Prime Minister, who

7
00:00:13,320 --> 00:00:15,040
Speaker 1: needs some runs on the board, of course, I think,

8
00:00:15,120 --> 00:00:17,280
Speaker 1: has some out of this. And he hasn't even left

9
00:00:17,320 --> 00:00:20,080
Speaker 1: for India. His pitch that we are a shelter from

10
00:00:20,160 --> 00:00:22,320
Speaker 1: the storm, that was smart. He looked like he'd done

11
00:00:22,360 --> 00:00:24,919
Speaker 1: this before. Perhaps we are seeing a little bit of

12
00:00:24,920 --> 00:00:27,760
Speaker 1: what all those other delegates on the international sojourn see.

13
00:00:27,920 --> 00:00:31,000
Speaker 1: This is what he does well. He networks, He presses

14
00:00:31,000 --> 00:00:34,520
Speaker 1: fleshy pumps ideas, he has a plan, nothing specific, as

15
00:00:34,560 --> 00:00:36,599
Speaker 1: in sign on the dotted line writer check here and

16
00:00:36,600 --> 00:00:38,400
Speaker 1: now will come out of this, of course, But already

17
00:00:38,400 --> 00:00:40,559
Speaker 1: you can see, given the thing is over subscribed, that

18
00:00:40,560 --> 00:00:42,360
Speaker 1: the Prime Minister is right. The world is a wash

19
00:00:42,400 --> 00:00:45,639
Speaker 1: with cash and they are keen to invest. Six trillion

20
00:00:46,120 --> 00:00:48,760
Speaker 1: is a stunning amount of money. And if only a

21
00:00:48,760 --> 00:00:50,519
Speaker 1: small chunk of it comes our way, and if only

22
00:00:50,520 --> 00:00:53,400
Speaker 1: a tiny slice build some roads or future proof some infrastructure.

23
00:00:53,440 --> 00:00:56,560
Speaker 1: This will have been well worth it. Obviously, Eventually the

24
00:00:56,600 --> 00:00:59,360
Speaker 1: proof will be in the pudding. Someone needs a signing,

25
00:00:59,400 --> 00:01:01,640
Speaker 1: ceremony and spat or two to be stuck in the ground.

26
00:01:01,840 --> 00:01:05,559
Speaker 1: But I got the sense, as a frustrated punter, observer, voter, whatever,

27
00:01:06,080 --> 00:01:08,320
Speaker 1: that it's these sort of days and these sort of

28
00:01:08,400 --> 00:01:10,920
Speaker 1: events that make us look like we might be on

29
00:01:11,040 --> 00:01:13,399
Speaker 1: some sort of path back, that we looked a little

30
00:01:13,440 --> 00:01:16,160
Speaker 1: bit professional and interested, that we might just have some

31
00:01:16,240 --> 00:01:18,839
Speaker 1: decent adults about the place looking to put our stake

32
00:01:18,880 --> 00:01:21,280
Speaker 1: in the global game and bring the world so long

33
00:01:21,319 --> 00:01:24,120
Speaker 1: locked out of this place back into the room. If

34
00:01:24,200 --> 00:01:27,240
Speaker 1: Luxon leaves this and can come back with something tangible

35
00:01:27,280 --> 00:01:29,840
Speaker 1: next week from India, then it may well be we

36
00:01:29,880 --> 00:01:32,040
Speaker 1: feel things are starting to roll. As I've said many

37
00:01:32,040 --> 00:01:35,679
Speaker 1: many times, it is hard to overstate the economic carnage

38
00:01:35,720 --> 00:01:38,200
Speaker 1: they were handed, and it's still far from over. I mean,

39
00:01:38,240 --> 00:01:41,160
Speaker 1: the immigration numbers just yesterday reminded us of this. No,

40
00:01:41,280 --> 00:01:43,039
Speaker 1: they're not leaving in the numbers they once did, but

41
00:01:43,080 --> 00:01:45,800
Speaker 1: they are still leaving, and the arrivals are slowing as well.

42
00:01:46,080 --> 00:01:49,200
Speaker 1: Fewer people means less economic activity. But you fix all

43
00:01:49,240 --> 00:01:53,160
Speaker 1: that with reputation, A reputation of a rock star, of

44
00:01:53,200 --> 00:01:56,760
Speaker 1: a success story, of a go getter. Yesterday and hopefully

45
00:01:56,800 --> 00:02:00,000
Speaker 1: today look like they are part of that bigger Sexy

46
00:02:00,040 --> 00:02:03,640
Speaker 1: Says story. For more from the Mic Asking Breakfast, listen

47
00:02:03,760 --> 00:02:06,680
Speaker 1: live to News Talks at B from six am weekdays,

48
00:02:06,920 --> 00:02:08,959
Speaker 1: or follow the podcast on iHeartRadio