1 00:00:00,040 --> 00:00:03,440 Speaker 1: Here's the quote. Every three years, the political goalposts move. Indeed, 2 00:00:03,680 --> 00:00:05,640 Speaker 1: we call it an election obviously, but the quote is 3 00:00:05,640 --> 00:00:09,559 Speaker 1: from the infrastructure industry. Their report out yesterday tells us 4 00:00:09,600 --> 00:00:11,799 Speaker 1: the usual tale. The pipeline or lack of it is 5 00:00:11,840 --> 00:00:14,320 Speaker 1: an issue, and politics gets in the way, it holds 6 00:00:14,360 --> 00:00:17,599 Speaker 1: the country back. That Treasury report we featured this week 7 00:00:17,640 --> 00:00:19,760 Speaker 1: as well, tells us pretty much the same thing. Their 8 00:00:19,760 --> 00:00:22,799 Speaker 1: reports banned out over forty years and talks of the 9 00:00:22,800 --> 00:00:24,639 Speaker 1: fear that our debt will be at two hundred percent 10 00:00:24,680 --> 00:00:26,720 Speaker 1: of GDP if we don't do something about it. We've 11 00:00:26,760 --> 00:00:28,920 Speaker 1: got a lot of big picture issues that we know 12 00:00:29,240 --> 00:00:31,800 Speaker 1: our issues, and yet we haven't been able to crack them. 13 00:00:32,000 --> 00:00:34,000 Speaker 1: This government, to be fair to it, has tried the 14 00:00:34,000 --> 00:00:36,559 Speaker 1: big picture talk. They have announced a pretty decent pipeline 15 00:00:36,560 --> 00:00:38,879 Speaker 1: of longer term work, and they've cited various countries that 16 00:00:38,920 --> 00:00:41,680 Speaker 1: have a greater level of political cooperation than we do. 17 00:00:42,120 --> 00:00:45,320 Speaker 1: Certain sectors and projects are handled by independent bodies that 18 00:00:45,400 --> 00:00:48,960 Speaker 1: operate between governments that projectors agreed to, that project does 19 00:00:49,000 --> 00:00:52,080 Speaker 1: not interfered with if the government changes. This week's example 20 00:00:52,520 --> 00:00:55,120 Speaker 1: gave little hope, sadly, that we have the maturity to 21 00:00:55,160 --> 00:00:57,400 Speaker 1: try and change the way we continue to shoot ourselves 22 00:00:57,440 --> 00:00:59,760 Speaker 1: in the collective foot Luxe and wrote to Hipkins about 23 00:00:59,760 --> 00:01:03,600 Speaker 1: oil and gas exploration. Can we get cross party agreement? 24 00:01:03,920 --> 00:01:07,199 Speaker 1: The problem being, although exploration and applications are back open 25 00:01:07,440 --> 00:01:09,520 Speaker 1: and we've got a couple hundred million dollars of taxpayers 26 00:01:09,560 --> 00:01:11,240 Speaker 1: money to get skin in the game, the fear is 27 00:01:11,240 --> 00:01:13,120 Speaker 1: that no one's signing up if you don't know what 28 00:01:13,160 --> 00:01:14,520 Speaker 1: the rules are going to be in three years time. 29 00:01:14,600 --> 00:01:17,680 Speaker 1: Hipkin said it was desperate. So that's that then, isn't it? 30 00:01:17,720 --> 00:01:20,839 Speaker 1: Which is a shame And Hipkin should know better, act better, 31 00:01:21,080 --> 00:01:23,120 Speaker 1: and ask himself whether he serves the country well with 32 00:01:23,200 --> 00:01:26,240 Speaker 1: such a myopic response. No one really is a fan 33 00:01:26,280 --> 00:01:28,679 Speaker 1: of oil and gas, are they, But surely we all 34 00:01:28,720 --> 00:01:31,320 Speaker 1: agree it is a big help between now and whenever 35 00:01:31,520 --> 00:01:34,640 Speaker 1: the windmills and solar panels and batteries are up and running. 36 00:01:34,840 --> 00:01:37,520 Speaker 1: Does he really prefer coal? Can he not see that 37 00:01:37,600 --> 00:01:40,160 Speaker 1: keeping the lights on is kind of important? Can he 38 00:01:40,200 --> 00:01:42,640 Speaker 1: not be the bigger person about it? America, of course, 39 00:01:42,760 --> 00:01:45,360 Speaker 1: is closed down currently because the two sides hate each other. 40 00:01:45,800 --> 00:01:48,040 Speaker 1: We aren't as bad, but we could be an awful 41 00:01:48,080 --> 00:01:50,440 Speaker 1: lot better, don't you think? Surely it can't be so 42 00:01:50,680 --> 00:01:55,680 Speaker 1: hard to put common economic interest beyond simple party politics. Surely, 43 00:01:56,120 --> 00:02:00,400 Speaker 1: two major so called center parties can't be so far 44 00:02:00,520 --> 00:02:04,320 Speaker 1: apart that a basic like power supply can't be dealt 45 00:02:04,320 --> 00:02:07,800 Speaker 1: with in a sybil and collegial way. For more from 46 00:02:07,800 --> 00:02:10,840 Speaker 1: The Mic Asking Breakfast, listen live to News Talks at 47 00:02:10,919 --> 00:02:14,040 Speaker 1: B from six am weekdays, or follow the podcast on 48 00:02:14,080 --> 00:02:14,840 Speaker 1: iHeartRadio