1 00:00:00,000 --> 00:00:02,000 Speaker 1: And Monday morning, the Prime Minister is with us. A 2 00:00:02,040 --> 00:00:02,760 Speaker 1: very good morning to. 3 00:00:02,720 --> 00:00:03,960 Speaker 2: You morning Michael, to be with you. 4 00:00:04,080 --> 00:00:06,640 Speaker 1: Do you feel a bit in battled given what happened 5 00:00:06,720 --> 00:00:07,360 Speaker 1: last week? 6 00:00:07,840 --> 00:00:09,360 Speaker 2: Oh like, I don't know where that all came from. 7 00:00:09,440 --> 00:00:11,319 Speaker 2: I mean, I know I came from zero point. I 8 00:00:11,360 --> 00:00:13,320 Speaker 2: came from zero point ninety stats due to two growth. 9 00:00:13,400 --> 00:00:16,360 Speaker 2: But I think you know the reality is, you know, 10 00:00:16,480 --> 00:00:18,439 Speaker 2: it's been, no doubt about it, very difficult quarter. You 11 00:00:18,520 --> 00:00:20,079 Speaker 2: and I talked about it. We could feel it, you 12 00:00:20,120 --> 00:00:22,800 Speaker 2: can see it, and you know that is a function 13 00:00:22,920 --> 00:00:25,480 Speaker 2: of just uncertainty. Cause with those Trump tariffs in that 14 00:00:25,520 --> 00:00:28,120 Speaker 2: period of time previous six months, we were growing strongly. 15 00:00:28,160 --> 00:00:30,280 Speaker 2: We're growing again now we'll grow even stronger as we 16 00:00:30,320 --> 00:00:32,800 Speaker 2: go into Christmas, and we've got a lot of things 17 00:00:32,880 --> 00:00:35,360 Speaker 2: going on, so I think, you know, look, I know 18 00:00:35,440 --> 00:00:37,760 Speaker 2: it's difficult and tough times. I feel like we've got 19 00:00:37,840 --> 00:00:40,720 Speaker 2: the right economic plan. We've got relief for tax relief, 20 00:00:40,720 --> 00:00:43,000 Speaker 2: we've got interest rate relief, got inflation relief happening. That's 21 00:00:43,080 --> 00:00:46,520 Speaker 2: helped primary industries certainly they having record years. That's great. 22 00:00:46,920 --> 00:00:49,120 Speaker 2: We know we've got work to do in Auckland particularly 23 00:00:49,240 --> 00:00:50,320 Speaker 2: and Wellington as well. 24 00:00:50,479 --> 00:00:52,760 Speaker 1: Okay, just tick this off for me. Will we be 25 00:00:52,880 --> 00:00:55,120 Speaker 1: hearing about the Reserve Bank government this week? Could be 26 00:00:55,240 --> 00:00:57,280 Speaker 1: very shortly, okay, and you know who it is. 27 00:00:57,640 --> 00:00:58,920 Speaker 2: Yes, you're you're. 28 00:00:58,760 --> 00:01:02,520 Speaker 1: Personally happy with her. Yes, And we will be transformational 29 00:01:02,560 --> 00:01:03,360 Speaker 1: for the bank and so much. 30 00:01:03,560 --> 00:01:05,080 Speaker 2: We'll have a really good governor. Yeah, okay. 31 00:01:05,520 --> 00:01:09,680 Speaker 1: Is there electricity significant electricity reform coming from Simon wat 32 00:01:09,840 --> 00:01:10,240 Speaker 1: this week? 33 00:01:10,920 --> 00:01:13,560 Speaker 2: It'll be before the end of this quarter. He's got 34 00:01:13,600 --> 00:01:14,959 Speaker 2: a weekend a bit yep, okay. 35 00:01:15,240 --> 00:01:17,640 Speaker 1: And as when we say substant up, he's talking about 36 00:01:17,680 --> 00:01:19,800 Speaker 1: something as big as you know, hasn't We haven't seen 37 00:01:19,880 --> 00:01:20,760 Speaker 1: this since the nineties. 38 00:01:20,840 --> 00:01:22,800 Speaker 2: How big is it? Well, I mean there's a whole 39 00:01:22,840 --> 00:01:25,440 Speaker 2: bunch of questions around electricity and energy. You know that 40 00:01:25,560 --> 00:01:28,560 Speaker 2: we actually should have abundant, affordable electricity energy in a 41 00:01:28,600 --> 00:01:31,040 Speaker 2: country like this. We've got heaps and natural resources to 42 00:01:31,080 --> 00:01:34,039 Speaker 2: be able to do exactly that. He's thinking very deeply 43 00:01:34,080 --> 00:01:37,400 Speaker 2: about thermal and firming capacity because actually, you know, we 44 00:01:37,600 --> 00:01:41,080 Speaker 2: need gas. We need gas for probably the last ten 45 00:01:41,160 --> 00:01:43,200 Speaker 2: to twelve percent of our energy mix going forward for 46 00:01:43,400 --> 00:01:46,600 Speaker 2: some time. We're uniquely the only country I know moving 47 00:01:46,640 --> 00:01:49,480 Speaker 2: away from domestic gas to Indonesian You know, imported coal 48 00:01:49,520 --> 00:01:51,120 Speaker 2: at the moments, that's insane. So he's got to deal 49 00:01:51,160 --> 00:01:53,440 Speaker 2: with that issue. We've got to make sure that we've 50 00:01:53,520 --> 00:01:57,960 Speaker 2: got the gent tailors able to access you know, contingent liability. 51 00:01:58,000 --> 00:02:02,000 Speaker 2: We've got Lake which they're doing that through fast track. 52 00:02:02,520 --> 00:02:04,800 Speaker 2: We've seen you've seen gent Taylors, for example, come out 53 00:02:04,840 --> 00:02:07,120 Speaker 2: and say, We've said to them, you must be able 54 00:02:07,160 --> 00:02:09,720 Speaker 2: to sell to those other twenty smaller companies at the 55 00:02:09,760 --> 00:02:12,000 Speaker 2: same rate you sell to your own retailing arm, which 56 00:02:12,080 --> 00:02:14,359 Speaker 2: is quite you know, quite ballsy sort of move. So 57 00:02:14,800 --> 00:02:16,280 Speaker 2: he'll put together a whole package of things. 58 00:02:16,520 --> 00:02:18,000 Speaker 1: So this is transformational. 59 00:02:18,240 --> 00:02:20,639 Speaker 2: Well, I think it's about dealing with the challenges we've got. 60 00:02:21,080 --> 00:02:22,960 Speaker 2: You can call it. You'll make your own determination when 61 00:02:23,000 --> 00:02:26,560 Speaker 2: you think it's transformational. I think he's got a comprehensive 62 00:02:26,720 --> 00:02:29,400 Speaker 2: energy package that actually is going to deal with issues 63 00:02:29,400 --> 00:02:29,880 Speaker 2: that we've got. 64 00:02:29,960 --> 00:02:31,760 Speaker 1: Right now, are you splitting the gent tailors? 65 00:02:32,480 --> 00:02:33,639 Speaker 2: You know, I wait for him to talk to you 66 00:02:33,639 --> 00:02:36,440 Speaker 2: about what he's proposing, So you are I say to you, 67 00:02:36,520 --> 00:02:38,040 Speaker 2: we feel like we've done a lot of that in 68 00:02:38,120 --> 00:02:40,240 Speaker 2: the last few weeks when we said to the gent tailors, 69 00:02:40,320 --> 00:02:42,720 Speaker 2: you sell the same rate that you sell to you, not. 70 00:02:42,800 --> 00:02:45,840 Speaker 1: Necessarily, because my only argument against that would be that 71 00:02:46,160 --> 00:02:48,560 Speaker 1: part of the argument you ranted on Onslow is that 72 00:02:48,680 --> 00:02:51,959 Speaker 1: if you don't have consistency, yep, you've got upset in 73 00:02:52,000 --> 00:02:53,840 Speaker 1: the market. That's why Gen Taylors. 74 00:02:53,560 --> 00:02:55,760 Speaker 2: Would he's coming out. So there's massive clarity because what 75 00:02:55,840 --> 00:02:58,919 Speaker 2: we want is those gent tailors to be investing significantly 76 00:02:58,960 --> 00:03:02,359 Speaker 2: in generation. Part of Onslow's problem was that that was 77 00:03:02,400 --> 00:03:04,799 Speaker 2: sitting out there and as a result, they weren't clear 78 00:03:04,840 --> 00:03:06,799 Speaker 2: whether they were going to invest or not invest because 79 00:03:07,160 --> 00:03:08,720 Speaker 2: Onslow was sitting there and that would have been a 80 00:03:08,760 --> 00:03:11,760 Speaker 2: bit of a problem for their investment. We've made that 81 00:03:11,880 --> 00:03:14,520 Speaker 2: really clear. Onslow's God, we expect them to step up 82 00:03:14,520 --> 00:03:14,960 Speaker 2: their investment. 83 00:03:15,200 --> 00:03:16,880 Speaker 1: So you mentioned the lakes and access to the lakes, 84 00:03:16,880 --> 00:03:18,880 Speaker 1: so there's a massive fight over lake how we are 85 00:03:18,880 --> 00:03:20,840 Speaker 1: at the moment. Of course, no one locally wants it 86 00:03:20,880 --> 00:03:22,679 Speaker 1: and it's just a scrap. So what do you do 87 00:03:22,760 --> 00:03:25,280 Speaker 1: in a country that wants a solution but doesn't want 88 00:03:25,320 --> 00:03:26,080 Speaker 1: it in their backyard. 89 00:03:26,120 --> 00:03:29,679 Speaker 2: Well, as I said, we've basically made fast track available 90 00:03:29,680 --> 00:03:32,240 Speaker 2: to the gent tailors. They've put put applications and around 91 00:03:32,320 --> 00:03:34,239 Speaker 2: all of that. I don't want to get ahead of 92 00:03:34,240 --> 00:03:37,000 Speaker 2: those decisions obviously that would come through that process. But 93 00:03:37,240 --> 00:03:39,080 Speaker 2: you know the reality is we're not going to have 94 00:03:39,200 --> 00:03:41,000 Speaker 2: lights turn out in this country and what we went 95 00:03:41,040 --> 00:03:44,240 Speaker 2: through last year was unacceptable and it was a function 96 00:03:44,360 --> 00:03:46,360 Speaker 2: of poor energy policy that had been in place for 97 00:03:46,440 --> 00:03:47,960 Speaker 2: some time and we've got to fix that. 98 00:03:48,280 --> 00:03:50,080 Speaker 1: And it still is problematic though. Is I mean we 99 00:03:50,160 --> 00:03:52,080 Speaker 1: can't underplay the problems with gas? 100 00:03:52,320 --> 00:03:54,360 Speaker 2: Yeah, no, exactly. I mean gas is a rend charge 101 00:03:54,920 --> 00:03:57,119 Speaker 2: because essentially the chilling effect of the ending the oil 102 00:03:57,160 --> 00:03:59,680 Speaker 2: and gas ban, what that did for international investors. If 103 00:03:59,720 --> 00:04:01,640 Speaker 2: you've got hundreds of millions of dollars tied up an 104 00:04:01,680 --> 00:04:04,120 Speaker 2: investment here and all of a sudden overnight, it was 105 00:04:04,200 --> 00:04:07,440 Speaker 2: total that what didn't land well for New Zealand with 106 00:04:07,480 --> 00:04:11,160 Speaker 2: the investor community in the area of gas production. So 107 00:04:11,400 --> 00:04:13,160 Speaker 2: that's why we put the two hundred million dollars aside 108 00:04:13,160 --> 00:04:15,160 Speaker 2: to say we'll co invest to give you some certainty 109 00:04:15,840 --> 00:04:17,880 Speaker 2: with repelling the oil and gas band. We've got some 110 00:04:18,240 --> 00:04:20,880 Speaker 2: other support in there so they actually know that. Actually, 111 00:04:20,880 --> 00:04:22,640 Speaker 2: if you want to come to Zelean and has anyone 112 00:04:22,680 --> 00:04:25,760 Speaker 2: actually fronted you, there's a few that are interested in 113 00:04:25,839 --> 00:04:27,800 Speaker 2: sort of talking that through. But we also need to 114 00:04:27,839 --> 00:04:30,840 Speaker 2: even look at things like importation potentially of gas as well. 115 00:04:30,920 --> 00:04:32,920 Speaker 1: You know I've been talking about that for over a year. 116 00:04:33,240 --> 00:04:35,320 Speaker 2: Yeah sure, but it's quite tricky to do to get 117 00:04:35,360 --> 00:04:37,600 Speaker 2: the infrastructure in place to support something like that. But 118 00:04:37,800 --> 00:04:39,600 Speaker 2: you know, in the medium term that's something we should 119 00:04:39,600 --> 00:04:40,000 Speaker 2: be looking at. 120 00:04:40,000 --> 00:04:42,200 Speaker 1: Okay. So Shane Jones was on the program between seven 121 00:04:42,240 --> 00:04:44,680 Speaker 1: and seven thirty was he's already started as campaigning. So 122 00:04:45,160 --> 00:04:47,120 Speaker 1: what I what I didn't realize He's got problem with 123 00:04:47,160 --> 00:04:51,600 Speaker 1: the sand mining in Taranaki. They've gone appointed a forest 124 00:04:51,680 --> 00:04:54,320 Speaker 1: and bird lawyer and this is the panel that's looking 125 00:04:54,360 --> 00:04:57,560 Speaker 1: at this. Why didn't you guys appoint the panel? He's 126 00:04:57,720 --> 00:05:00,400 Speaker 1: arguing that it was done by somebody else he paigned 127 00:05:00,480 --> 00:05:03,239 Speaker 1: or the New Zealand first campaigned, and you guys stood 128 00:05:03,240 --> 00:05:05,280 Speaker 1: against it. Why is it you're being held up by 129 00:05:05,360 --> 00:05:08,039 Speaker 1: these panels? Because tell me how many fast track projects 130 00:05:08,080 --> 00:05:08,800 Speaker 1: have been ticked off? 131 00:05:08,880 --> 00:05:10,280 Speaker 2: I think there's two that have come through. 132 00:05:10,360 --> 00:05:11,440 Speaker 1: We've only had one. 133 00:05:11,520 --> 00:05:13,880 Speaker 2: We've got the warves come through. We had the big 134 00:05:14,600 --> 00:05:17,840 Speaker 2: residential development come through and Nelson that's okay, So it's 135 00:05:17,920 --> 00:05:19,760 Speaker 2: not as fast residential one up around it, and there's 136 00:05:19,760 --> 00:05:22,560 Speaker 2: about age or so that you've held up the panels. Well, 137 00:05:22,600 --> 00:05:25,400 Speaker 2: I mean we're gonna we are looking at what's fast track, 138 00:05:25,440 --> 00:05:27,520 Speaker 2: whether it can actually make it even faster, and whether 139 00:05:27,560 --> 00:05:28,320 Speaker 2: it's actually working in. 140 00:05:28,320 --> 00:05:31,400 Speaker 1: The way it's not fast two is not fast, no no. 141 00:05:31,480 --> 00:05:33,280 Speaker 2: But but if you think about it, the legislation only 142 00:05:33,320 --> 00:05:35,360 Speaker 2: got passed in the first quarter of this year, takes 143 00:05:35,400 --> 00:05:37,800 Speaker 2: a six month process to work through. You know, it's 144 00:05:37,839 --> 00:05:40,679 Speaker 2: what we've always said around fast track. So you're happy 145 00:05:40,720 --> 00:05:41,880 Speaker 2: with it, Well, I mean, I just look at the 146 00:05:41,920 --> 00:05:44,120 Speaker 2: Wolf's decision that was going to be five years under 147 00:05:44,160 --> 00:05:46,840 Speaker 2: the old RMA. We did that within six months. That's 148 00:05:46,839 --> 00:05:48,640 Speaker 2: about when the projects also launched. 149 00:05:49,080 --> 00:05:51,200 Speaker 1: Understand that. But I mean, yeah, that's a great decision, 150 00:05:51,240 --> 00:05:52,520 Speaker 1: and that's what we want to see more of that. 151 00:05:52,600 --> 00:05:54,720 Speaker 1: I just want to see more fast tracked decisions. And 152 00:05:54,800 --> 00:05:56,919 Speaker 1: he's already complaining you can't get You've got the forest 153 00:05:57,000 --> 00:05:59,239 Speaker 1: and Bird lawyer and holding everything up and they're consulting 154 00:05:59,279 --> 00:05:59,800 Speaker 1: with the Mountains. 155 00:06:00,720 --> 00:06:02,480 Speaker 2: Both Jones and Bishop are the two that are actually 156 00:06:02,520 --> 00:06:04,760 Speaker 2: putting the policy together for the government. They work very 157 00:06:04,800 --> 00:06:08,520 Speaker 2: closely together on that. They're both coming forward with legislation 158 00:06:09,320 --> 00:06:12,320 Speaker 2: and the next next few well before Christmas, that will 159 00:06:12,320 --> 00:06:13,680 Speaker 2: actually speed up fast so you're. 160 00:06:13,520 --> 00:06:15,440 Speaker 1: Going to blow the panels up? Have you done something 161 00:06:15,480 --> 00:06:16,279 Speaker 1: wrong with the panels? 162 00:06:16,320 --> 00:06:18,960 Speaker 2: Well? I think there's things about process where we sort 163 00:06:19,000 --> 00:06:21,400 Speaker 2: of you know, have we got the panel constitution right 164 00:06:21,440 --> 00:06:23,360 Speaker 2: in terms of is it just old irma folks that 165 00:06:23,400 --> 00:06:25,799 Speaker 2: are still thinking in the old way when we're actually 166 00:06:25,800 --> 00:06:28,279 Speaker 2: saying as a government, we have clearly prioritized economic growth 167 00:06:28,400 --> 00:06:30,599 Speaker 2: is what we want to be doing. But equally there's 168 00:06:30,640 --> 00:06:35,040 Speaker 2: other things like you know, councils, you know, making capacity 169 00:06:35,080 --> 00:06:38,160 Speaker 2: available for once a project's fast tracked, will do the 170 00:06:38,200 --> 00:06:40,960 Speaker 2: water services get into that residential development because we've said 171 00:06:41,000 --> 00:06:42,960 Speaker 2: that's a goes so let's make sure it does actually happen. 172 00:06:43,320 --> 00:06:46,080 Speaker 2: So there's just you know, it's natural there's some tweaks 173 00:06:46,080 --> 00:06:47,760 Speaker 2: if the things aren't working the way they are intended. 174 00:06:47,800 --> 00:06:49,839 Speaker 2: Who want to make sure that we're being and adjusting? 175 00:06:50,000 --> 00:06:51,960 Speaker 1: Sure, because the politics of this, you're going to run 176 00:06:52,000 --> 00:06:53,800 Speaker 1: out a runway if you're into next year you're still 177 00:06:53,800 --> 00:06:55,720 Speaker 1: trying to tell me that fast tracks, fast tracking, you 178 00:06:55,800 --> 00:06:57,160 Speaker 1: haven't got any you know what I'm saying. I mean, 179 00:06:57,560 --> 00:06:58,400 Speaker 1: you got to work for you. 180 00:06:58,560 --> 00:07:00,960 Speaker 2: Yeah, I get it, but this things on that planning 181 00:07:01,000 --> 00:07:02,920 Speaker 2: Laura and I think, you know, you take a step 182 00:07:03,000 --> 00:07:04,640 Speaker 2: back and say, right at the end of the first term, 183 00:07:04,720 --> 00:07:06,960 Speaker 2: what will we have done. We will have done RMA reform. 184 00:07:07,000 --> 00:07:09,040 Speaker 2: We did, we killed one. We introduced fast track to 185 00:07:09,040 --> 00:07:11,440 Speaker 2: put the defibrillators on and try and break the system 186 00:07:11,640 --> 00:07:13,800 Speaker 2: and mucket, you know, and get it moving. By the 187 00:07:13,920 --> 00:07:15,480 Speaker 2: end of this year, we'll have our first reading of 188 00:07:15,520 --> 00:07:18,800 Speaker 2: the RMA you permanent solution in place as well. We'll 189 00:07:18,800 --> 00:07:21,880 Speaker 2: continue with fast Track. Obviously, we will have done educational reform. 190 00:07:22,280 --> 00:07:25,080 Speaker 2: We've made a big investment in defense, and we've done 191 00:07:25,120 --> 00:07:26,720 Speaker 2: a lot of work on law and order, for example. 192 00:07:26,800 --> 00:07:28,520 Speaker 2: So I think there'll be some really good things that 193 00:07:28,520 --> 00:07:30,880 Speaker 2: we're doing, and you'll see an economy that's continuing to brandon. 194 00:07:31,240 --> 00:07:33,600 Speaker 1: I reluctantly ask you about this because I'm so over 195 00:07:33,800 --> 00:07:36,680 Speaker 1: but I watched you and your post cabinet press conference 196 00:07:36,760 --> 00:07:39,320 Speaker 1: last week. Can you explain to me what is it 197 00:07:39,440 --> 00:07:43,880 Speaker 1: about the media that are so fixated with this Palestine thing? 198 00:07:44,440 --> 00:07:46,560 Speaker 1: Because I looked at the questions and they almost seem 199 00:07:46,640 --> 00:07:50,120 Speaker 1: bored until we got to Palestine and they went mentally. 200 00:07:50,200 --> 00:07:52,600 Speaker 2: Yeah, it was a good part of the postcab Look, 201 00:07:52,680 --> 00:07:56,400 Speaker 2: I mean, the thing on Palestine's state recognition is there 202 00:07:56,400 --> 00:07:58,240 Speaker 2: are friends of ours that have done it. There are 203 00:07:58,280 --> 00:08:00,200 Speaker 2: friends of ours. I get it, I get it. We 204 00:08:00,280 --> 00:08:02,640 Speaker 2: will make our own decisions. But the bigger issue is 205 00:08:02,680 --> 00:08:05,040 Speaker 2: actually it's not whether you're pro Palestine a pros where 206 00:08:05,040 --> 00:08:08,160 Speaker 2: it's actually about pro peace and irrespect of the decision 207 00:08:08,240 --> 00:08:11,720 Speaker 2: we make ultimately on state recognition. The bigger issue is actually, 208 00:08:11,840 --> 00:08:13,240 Speaker 2: what the hell are you going to do to actually 209 00:08:13,240 --> 00:08:17,320 Speaker 2: get that region stable, calm and actually peaceful again, because 210 00:08:17,400 --> 00:08:19,120 Speaker 2: that's in our interest. Now we're a long way away 211 00:08:19,120 --> 00:08:21,200 Speaker 2: from it. We have very little to do with the 212 00:08:21,840 --> 00:08:25,000 Speaker 2: Palestine in Israel in terms of trade or investment or 213 00:08:25,120 --> 00:08:27,600 Speaker 2: those kinds of things. But you know the answer is 214 00:08:27,760 --> 00:08:31,600 Speaker 2: Hamas are a terrorist organization. They need to release hostages. Equally, 215 00:08:31,760 --> 00:08:34,880 Speaker 2: Israel has to respect international law and protect civilians and 216 00:08:34,920 --> 00:08:37,480 Speaker 2: make sure there's humanitarian aid and assistance and get out 217 00:08:37,520 --> 00:08:40,480 Speaker 2: of military action. More military action is not helping as 218 00:08:40,520 --> 00:08:41,800 Speaker 2: you are seeing, is this your fault? 219 00:08:41,880 --> 00:08:43,679 Speaker 1: In other words, if you'd made a decision one way 220 00:08:43,720 --> 00:08:45,800 Speaker 1: or another, I don't care, earlier on, you wouldn't be 221 00:08:45,840 --> 00:08:47,839 Speaker 1: getting this fixation. No. 222 00:08:48,000 --> 00:08:50,280 Speaker 2: Look, we're just being I mean, we're trying to be transparent. 223 00:08:50,320 --> 00:08:51,959 Speaker 2: About it. You know, you could ask the question, should 224 00:08:51,960 --> 00:08:54,440 Speaker 2: we just sat on our hand, you know, sat quietly 225 00:08:54,480 --> 00:08:56,760 Speaker 2: on it and just announced the final decision. But you know, 226 00:08:56,840 --> 00:08:59,040 Speaker 2: I felt it was important and Winston felt it was important. 227 00:08:59,040 --> 00:09:01,199 Speaker 2: We both felt that way that we should be transparent 228 00:09:01,240 --> 00:09:03,280 Speaker 2: and say, look, you know, we've had a series of 229 00:09:03,320 --> 00:09:06,280 Speaker 2: preliminary discussions. It's a complex issue, but we want to 230 00:09:06,320 --> 00:09:09,240 Speaker 2: do it in a judicious, cautious, proper kind of way. 231 00:09:09,400 --> 00:09:11,960 Speaker 1: What literally is he doing right now in New York 232 00:09:12,080 --> 00:09:13,760 Speaker 1: that's going to change your mind one way? I mean, 233 00:09:13,800 --> 00:09:16,880 Speaker 1: I'm assuming the decisions made. Well, we've had we've had 234 00:09:16,920 --> 00:09:20,600 Speaker 1: preliminary conversations. He the Middle East is pretty dynamic situation, 235 00:09:21,080 --> 00:09:23,280 Speaker 1: and it's quite right that he's not that dynamic. Well, well, 236 00:09:23,480 --> 00:09:25,640 Speaker 1: they both hate each other and the blowing each other 237 00:09:25,760 --> 00:09:26,560 Speaker 1: up and killing each. 238 00:09:26,400 --> 00:09:29,120 Speaker 2: Other they are. And that's why that's why I say 239 00:09:29,160 --> 00:09:31,000 Speaker 2: that main event has actually got to be dealing with 240 00:09:31,120 --> 00:09:34,720 Speaker 2: that stuff rather than recognitions. An interesting issue in itself. 241 00:09:34,760 --> 00:09:37,520 Speaker 2: Will work our way through that obviously, But in fairness, 242 00:09:37,559 --> 00:09:39,920 Speaker 2: you know, it's right that he actually is is taking time, 243 00:09:40,040 --> 00:09:42,040 Speaker 2: is considering it, he's listening to other prospective So you're 244 00:09:42,040 --> 00:09:42,360 Speaker 2: telling me. 245 00:09:42,559 --> 00:09:44,840 Speaker 1: Right here right now in New York on a Sunday 246 00:09:45,160 --> 00:09:48,559 Speaker 1: afternoon as it is then now he's still considering when 247 00:09:48,640 --> 00:09:50,960 Speaker 1: that decision has not Literally, we. 248 00:09:51,040 --> 00:09:54,640 Speaker 2: Have a preliminary decision which we will look to confirm 249 00:09:54,800 --> 00:09:57,400 Speaker 2: and also continue to monitor developments through the course of 250 00:09:57,440 --> 00:10:00,079 Speaker 2: this week. We'll make a final cabinet decision towards the 251 00:10:00,160 --> 00:10:01,600 Speaker 2: end of the week, and then he'll give his address 252 00:10:01,640 --> 00:10:02,440 Speaker 2: at the UN General. 253 00:10:03,240 --> 00:10:05,079 Speaker 1: I'm almost out of time. You won't know about this, 254 00:10:05,200 --> 00:10:07,120 Speaker 1: but just to take away and think about it, the 255 00:10:07,360 --> 00:10:12,360 Speaker 1: NB looked at peach dumping peaches his last week. Chinese 256 00:10:12,400 --> 00:10:14,679 Speaker 1: were dumping peaches in this country. They found that to 257 00:10:14,760 --> 00:10:16,960 Speaker 1: be true, and they somehow worked out that it didn't 258 00:10:17,000 --> 00:10:20,199 Speaker 1: affect the domestic market. How can you dump something and 259 00:10:20,320 --> 00:10:22,000 Speaker 1: it doesn't affect the market. 260 00:10:22,120 --> 00:10:24,640 Speaker 2: That's that's I want to look into that because we 261 00:10:24,840 --> 00:10:26,520 Speaker 2: can you do that because the next next thing I'm 262 00:10:26,559 --> 00:10:29,480 Speaker 2: knowing is what is cutting peach trees? They're not buying 263 00:10:29,559 --> 00:10:32,360 Speaker 2: local peach exactly. And so yeah, we've been very aggressive 264 00:10:32,480 --> 00:10:34,439 Speaker 2: on wto claims. You might have seen the one we 265 00:10:34,520 --> 00:10:38,680 Speaker 2: had with Canada under the CPTPP in particular, but where 266 00:10:38,720 --> 00:10:41,840 Speaker 2: we have those claims, we we we're zero we are 267 00:10:41,960 --> 00:10:43,120 Speaker 2: free traders and say we've got it. 268 00:10:43,320 --> 00:10:45,319 Speaker 1: But on the surface, how can MB look at something, 269 00:10:45,480 --> 00:10:48,160 Speaker 1: see dumping and think, well, it doesn't affect anyone, Well 270 00:10:48,400 --> 00:10:49,000 Speaker 1: it seems weird. 271 00:10:49,200 --> 00:10:51,360 Speaker 2: Yes, it does seem and that's an issue and a 272 00:10:51,400 --> 00:10:54,240 Speaker 2: decision for Todd Mclair's a Minister of Trade who prosecutes 273 00:10:54,240 --> 00:10:56,480 Speaker 2: those WTO cases. When we see evidence of dumping. 274 00:10:56,640 --> 00:10:58,000 Speaker 1: I'll be asking about this next week. 275 00:10:58,200 --> 00:11:02,200 Speaker 2: Okay, what else are you going to be asking about? 276 00:11:02,559 --> 00:11:06,480 Speaker 2: Words to that, nice Christopher Luxen. For more from the 277 00:11:06,600 --> 00:11:09,599 Speaker 2: Mic Asking Breakfast, listen live to news talks it'd be 278 00:11:09,760 --> 00:11:13,440 Speaker 2: from six am weekdays, or follow the podcast on iHeartRadio