1 00:00:00,080 --> 00:00:01,800 Speaker 1: Another one of these light at the end of the 2 00:00:01,800 --> 00:00:06,640 Speaker 1: tunnel reports, chief financial officers CFOs have been surveyed, what 3 00:00:06,720 --> 00:00:08,680 Speaker 1: have we got? Thirty percent say they're filling up beat 4 00:00:08,760 --> 00:00:10,960 Speaker 1: or bullish about company performance in the next year. Forty 5 00:00:10,960 --> 00:00:13,119 Speaker 1: two percent the next twelve months will be challenging on 6 00:00:13,160 --> 00:00:16,239 Speaker 1: the economic front, but they're still room for growth. Hunter 7 00:00:16,320 --> 00:00:18,680 Speaker 1: Kemball Managing director Lee Marshalls with us on this lead 8 00:00:18,720 --> 00:00:21,160 Speaker 1: morning to you, good one and Mike, So, if you've 9 00:00:21,200 --> 00:00:23,480 Speaker 1: got a word for this, what are we optimistic, cup beat, 10 00:00:23,520 --> 00:00:24,520 Speaker 1: cautiously hopeful? 11 00:00:24,600 --> 00:00:29,200 Speaker 2: What? Yeah, all of the above. Really the report covers 12 00:00:30,040 --> 00:00:32,239 Speaker 2: sort of quite a lot of ground, but I think 13 00:00:32,280 --> 00:00:36,239 Speaker 2: the overall the overarching scene definitely is that there's a 14 00:00:36,240 --> 00:00:38,400 Speaker 2: surprisingly strong outlook for the year ahead. 15 00:00:38,800 --> 00:00:42,880 Speaker 1: Just for the non aficionado, what's a cfo's value and 16 00:00:43,080 --> 00:00:45,479 Speaker 1: role in why are you interviewing them as opposed to 17 00:00:45,520 --> 00:00:46,960 Speaker 1: CEOs or anybody else. 18 00:00:48,520 --> 00:00:53,760 Speaker 2: CFOs take a macro and micro economic view of their 19 00:00:53,800 --> 00:00:57,480 Speaker 2: business and the broader economy on a daily basis. They're 20 00:00:57,520 --> 00:01:00,120 Speaker 2: often the co pilot to the CEO and our and 21 00:01:00,160 --> 00:01:02,520 Speaker 2: do a lot of heavy lifting. They're obviously also in 22 00:01:02,600 --> 00:01:06,319 Speaker 2: charge of all of the financial accounting, financial reporting and 23 00:01:06,400 --> 00:01:08,679 Speaker 2: often the budgeting and forecast and looking forward as well. 24 00:01:08,800 --> 00:01:13,240 Speaker 2: So they're really well positioned to comment on how things 25 00:01:13,280 --> 00:01:16,440 Speaker 2: are looking for the year ahead. And we really wanted 26 00:01:16,480 --> 00:01:19,080 Speaker 2: to commissions say they to give them a voice to 27 00:01:19,080 --> 00:01:19,400 Speaker 2: be heard. 28 00:01:19,400 --> 00:01:23,120 Speaker 1: Really finger on the pulse. People sick to variability, regional variability. 29 00:01:23,200 --> 00:01:26,400 Speaker 1: You're seeing anything there, not hugely. 30 00:01:27,080 --> 00:01:29,640 Speaker 2: I think the overall New Zealand economy is in a 31 00:01:29,680 --> 00:01:33,040 Speaker 2: position which we are starting to see a little bit 32 00:01:33,040 --> 00:01:36,840 Speaker 2: of hope. There's a lot of focus on you know, look, 33 00:01:37,080 --> 00:01:39,600 Speaker 2: they can't control the economy necessarily, but a lot of 34 00:01:39,640 --> 00:01:42,520 Speaker 2: focus on internal matters as well, so looking at strong 35 00:01:42,520 --> 00:01:46,680 Speaker 2: work and culture, attracting and retaining talent. Interesting. They almost 36 00:01:46,680 --> 00:01:49,680 Speaker 2: all CFOs commented that they found it hard to find 37 00:01:49,720 --> 00:01:53,320 Speaker 2: the right skill set for their teams. So we're definitely 38 00:01:53,320 --> 00:01:55,640 Speaker 2: still in this in the set line. 39 00:01:55,720 --> 00:01:59,280 Speaker 1: The to me, we have been flattered with people into 40 00:01:59,320 --> 00:02:03,320 Speaker 1: this country. The pressure is going on the unemployed, so 41 00:02:03,360 --> 00:02:06,360 Speaker 1: they're coming in. I mean, what else do we have 42 00:02:06,440 --> 00:02:08,400 Speaker 1: to do to get the right people in the right places. 43 00:02:09,600 --> 00:02:12,959 Speaker 2: Look, it really is set to dependent and I'm looking 44 00:02:12,960 --> 00:02:16,160 Speaker 2: at this from an accounting on finance perspective. We aren't 45 00:02:16,200 --> 00:02:19,040 Speaker 2: bringing in the right talent for that accounting of finance 46 00:02:19,440 --> 00:02:23,320 Speaker 2: industry we've also been losing for quite a few years now. 47 00:02:23,480 --> 00:02:25,920 Speaker 2: One way traffic of kiwis going to do the great 48 00:02:25,960 --> 00:02:28,320 Speaker 2: owe to London and accountants and the lacks of lawyers 49 00:02:28,400 --> 00:02:31,399 Speaker 2: as well certainly do that all of the time. Which 50 00:02:31,440 --> 00:02:33,680 Speaker 2: what we haven't seen is people come back home. Yet 51 00:02:34,040 --> 00:02:35,840 Speaker 2: we're on the ground in London in June and we're 52 00:02:35,840 --> 00:02:38,160 Speaker 2: starting to see some keywis looking to head home, which 53 00:02:38,200 --> 00:02:41,120 Speaker 2: is fantastic. The challenge now is can the economy be 54 00:02:41,160 --> 00:02:43,400 Speaker 2: in a strong enough position to actually give them jobs, 55 00:02:43,440 --> 00:02:45,880 Speaker 2: because if they land here and don't get them one 56 00:02:45,880 --> 00:02:48,000 Speaker 2: of their options, they might across the ditch and I 57 00:02:48,080 --> 00:02:49,520 Speaker 2: go back to the UK exactly well. 58 00:02:49,639 --> 00:02:52,680 Speaker 1: Appreciate the insightly Marshall, who's the Hunter Campbell managing director 59 00:02:52,720 --> 00:02:55,880 Speaker 1: with us this morning. For more from the Mic Asking Breakfast, 60 00:02:56,040 --> 00:02:59,360 Speaker 1: listen live to news Talks it'd be from six am weekdays, 61 00:02:59,600 --> 00:03:01,639 Speaker 1: or follow the podcast on iHeartRadio.