1 00:00:00,720 --> 00:00:04,400 Speaker 1: The Huddle with New Zealand Southeby's International Realty Fink you're. 2 00:00:04,360 --> 00:00:07,440 Speaker 2: One of the kind huddle this evening. Jordan Williams, Taxpayers Union, 3 00:00:07,520 --> 00:00:09,319 Speaker 2: Jack Tame, host of Q and A and Saturday Mornings 4 00:00:09,360 --> 00:00:14,200 Speaker 2: High Lads, Jack, Jordan the ocr is it about right. 5 00:00:16,520 --> 00:00:19,239 Speaker 3: Yeah, it was certainly, I mean it was five to 6 00:00:19,239 --> 00:00:22,040 Speaker 3: one vote, but it was in line with expectations. I 7 00:00:22,040 --> 00:00:26,680 Speaker 3: thought that the most significant thing was how much more 8 00:00:26,720 --> 00:00:32,640 Speaker 3: pessimistic the Reserve bankers and compared to Treasury's numbers last 9 00:00:32,640 --> 00:00:38,279 Speaker 3: week in the budget economic update around projected growth. I mean, 10 00:00:38,400 --> 00:00:42,040 Speaker 3: Treasury have to put their numbers to bed back in April, 11 00:00:42,560 --> 00:00:46,199 Speaker 3: but that would suggests that the government's books are going 12 00:00:46,240 --> 00:00:49,599 Speaker 3: to be it's going to be even harder to hit 13 00:00:49,680 --> 00:00:53,000 Speaker 3: this sort of non surplus and under the Nicola Willis's 14 00:00:53,000 --> 00:00:57,280 Speaker 3: pretend new measure on what a surplus is in twenty 15 00:00:57,320 --> 00:01:00,600 Speaker 3: twenty nine. I think that's the main one. Around the 16 00:01:00,640 --> 00:01:03,600 Speaker 3: inflationary expectations. It seems that it's just that the talk 17 00:01:03,680 --> 00:01:06,160 Speaker 3: of all the news of highering higher prices in the 18 00:01:06,240 --> 00:01:08,440 Speaker 3: US seems to be flying through the year. It seems 19 00:01:08,440 --> 00:01:09,640 Speaker 3: to be perception not reality. 20 00:01:09,760 --> 00:01:12,119 Speaker 2: Yeah, that's what I took away from it as well. 21 00:01:12,200 --> 00:01:15,880 Speaker 2: Jack was just how stuff the economy is in Yeah. 22 00:01:15,520 --> 00:01:18,400 Speaker 1: And it just sort of feels like progress is there, 23 00:01:18,440 --> 00:01:21,600 Speaker 1: but it's just incredibly slow and kind of barely measures 24 00:01:21,600 --> 00:01:23,760 Speaker 1: at the moment, like yep, yeah, yeah, we know things 25 00:01:23,840 --> 00:01:27,160 Speaker 1: are improving, but you know, the whole survive to twenty 26 00:01:27,200 --> 00:01:29,640 Speaker 1: five has been pushed back almost as far as Nicola 27 00:01:29,680 --> 00:01:31,440 Speaker 1: willis as surpluses. I mean, I thought it was a 28 00:01:31,440 --> 00:01:36,040 Speaker 1: pretty straight back today. You know that the uncertainty in 29 00:01:36,080 --> 00:01:38,600 Speaker 1: the US is obviously kind of has the potential to 30 00:01:38,600 --> 00:01:41,080 Speaker 1: throw a spanner in the works for gross projections and 31 00:01:41,120 --> 00:01:44,240 Speaker 1: also all sorts of other metrics in the months and 32 00:01:44,319 --> 00:01:47,800 Speaker 1: years to come. But yeah, I just think we are 33 00:01:47,840 --> 00:01:49,960 Speaker 1: not out of the woods yet. We're still in a 34 00:01:49,960 --> 00:01:53,480 Speaker 1: pretty vulnerable position. And yeah, that return to surplus and 35 00:01:54,080 --> 00:01:57,200 Speaker 1: you know, sustained period of really healthy economic growth still 36 00:01:57,200 --> 00:01:58,480 Speaker 1: looks a long long way away. 37 00:01:58,560 --> 00:02:00,920 Speaker 2: Yeah very much. Yeah, go go Jordan. 38 00:02:01,080 --> 00:02:05,240 Speaker 3: Oh there's a really good interview. I mean it certainly 39 00:02:05,280 --> 00:02:09,560 Speaker 3: wasn't Tame Jack on Sunday on growth and the very 40 00:02:09,639 --> 00:02:13,280 Speaker 3: poor growth numbers of you know, clearly not catching up 41 00:02:13,280 --> 00:02:16,560 Speaker 3: with Australia that Jack did, and I can't. 42 00:02:16,320 --> 00:02:17,760 Speaker 2: Get past what you just called him as he and 43 00:02:17,800 --> 00:02:18,519 Speaker 2: nick name for him. 44 00:02:19,600 --> 00:02:21,960 Speaker 3: Well, well, I mean the great thing about that this 45 00:02:22,080 --> 00:02:23,600 Speaker 3: is like I know we're supposed to be talking about 46 00:02:23,800 --> 00:02:27,480 Speaker 3: movies later, but it's cap cool viewing because the thing 47 00:02:27,520 --> 00:02:29,680 Speaker 3: is is you just stay so calm and gently sort 48 00:02:29,720 --> 00:02:32,960 Speaker 3: of through it. And normally we're used to sort of 49 00:02:32,960 --> 00:02:35,840 Speaker 3: seeing media and clearly on this show, but you know, 50 00:02:35,960 --> 00:02:39,080 Speaker 3: listening and watching media interviews where the interviewer is getting 51 00:02:39,080 --> 00:02:42,880 Speaker 3: progressively more aggressive and worked up, whereas Jack, you just 52 00:02:42,880 --> 00:02:44,200 Speaker 3: sort of was so calm and it might have been 53 00:02:44,240 --> 00:02:46,160 Speaker 3: because you had a cold that I think I've now 54 00:02:46,200 --> 00:02:52,720 Speaker 3: picked up is and it's Nichola willis getting progressively more upset. Jack. 55 00:02:52,760 --> 00:02:54,360 Speaker 2: Did you have a cold because I thought you had 56 00:02:54,400 --> 00:02:55,119 Speaker 2: a cold as well. 57 00:02:55,760 --> 00:02:58,160 Speaker 1: Oh yeah, I had a really bad cold last week. Honestly, 58 00:02:58,160 --> 00:03:01,040 Speaker 1: Thank goodness, was soudo ephodrine. It's really changed. 59 00:03:02,240 --> 00:03:03,880 Speaker 2: A legal why is a wonderful thing. 60 00:03:04,320 --> 00:03:06,360 Speaker 1: Well, but it does make you feel a little like 61 00:03:07,080 --> 00:03:09,200 Speaker 1: take it this way, I can see how they make 62 00:03:09,280 --> 00:03:12,359 Speaker 1: meth out of it, like I was then yeah, yeah, 63 00:03:12,720 --> 00:03:14,400 Speaker 1: but I was yeah yeah, I mean, I just it 64 00:03:14,480 --> 00:03:17,720 Speaker 1: is curious, right to get all this language about growth, growth, growth, 65 00:03:18,160 --> 00:03:21,600 Speaker 1: and you know, if if you look at those growth forecasts, 66 00:03:21,600 --> 00:03:23,400 Speaker 1: and I think we can all agree that growth forecasting 67 00:03:23,680 --> 00:03:25,519 Speaker 1: is a bit tricky at the best of times and 68 00:03:26,360 --> 00:03:30,440 Speaker 1: generally not super accurate, but all those growth forecasts over 69 00:03:30,480 --> 00:03:33,960 Speaker 1: the last eighteen months have have kind of consistently deteriorated. 70 00:03:34,000 --> 00:03:36,520 Speaker 1: Whether it's a reserve bank or or the government. You 71 00:03:36,520 --> 00:03:38,280 Speaker 1: look at the borrowing rates. I mean they say the 72 00:03:38,280 --> 00:03:40,680 Speaker 1: previous government was addicted to spending. You look at you know, 73 00:03:40,720 --> 00:03:46,960 Speaker 1: look at the discovernments on borrow Well, if you look 74 00:03:47,000 --> 00:03:49,960 Speaker 1: at you know, I'm always interested in separating language from fact, 75 00:03:50,000 --> 00:03:53,040 Speaker 1: then you know it's yeah, yeah, And that's not to 76 00:03:53,080 --> 00:03:55,000 Speaker 1: say we don't want to see economic growth, but you 77 00:03:55,040 --> 00:03:57,000 Speaker 1: know that that I think today's data has kind of 78 00:03:57,040 --> 00:03:59,080 Speaker 1: underscored things. Once again, it's a long way off. 79 00:03:59,160 --> 00:04:02,000 Speaker 2: All right, we'll take a back, come back shortly. 80 00:04:01,720 --> 00:04:05,920 Speaker 1: The huddle with New Zealand Southeby's International Realty achieve extraordinary 81 00:04:05,960 --> 00:04:07,720 Speaker 1: results with unparallel reach. 82 00:04:08,160 --> 00:04:10,360 Speaker 2: Right, you're back with a huddle, Jacktam Jordan Williams with 83 00:04:10,440 --> 00:04:12,680 Speaker 2: us now the Taxpayer's Union. Jordan Williams is outfit has 84 00:04:12,720 --> 00:04:14,680 Speaker 2: released something that you might be interested in. Okay, so 85 00:04:15,160 --> 00:04:17,760 Speaker 2: you know your Keiwi savers being tinkered with the government's 86 00:04:17,760 --> 00:04:19,520 Speaker 2: taking money off it will get a load of what 87 00:04:19,600 --> 00:04:24,200 Speaker 2: happens to MP's. MPs can contribute up to eight percent 88 00:04:24,240 --> 00:04:27,640 Speaker 2: of their pay and the taxpayer you and I will 89 00:04:27,640 --> 00:04:31,440 Speaker 2: contribute twenty percent. So it can be for a back 90 00:04:31,480 --> 00:04:33,600 Speaker 2: bench you paid one hundred and seventy thousand as much 91 00:04:33,600 --> 00:04:35,840 Speaker 2: as thirty four thousand dollars a year that we're chucking 92 00:04:35,880 --> 00:04:39,640 Speaker 2: in this in their Kiwi savers. Jordan, that's outrageous, isn't it. 93 00:04:40,320 --> 00:04:42,000 Speaker 3: We just said what's good for the goose is good 94 00:04:42,000 --> 00:04:43,920 Speaker 3: for the gander, and I see that all the MP's 95 00:04:43,960 --> 00:04:45,960 Speaker 3: have said, oh, this is outrageous. You know, it's independently 96 00:04:46,000 --> 00:04:48,520 Speaker 3: said and stuff like that. Look, reasonable minds can differ 97 00:04:48,520 --> 00:04:50,640 Speaker 3: on how much you should pay in peas because the 98 00:04:50,760 --> 00:04:52,280 Speaker 3: can be an argument that you want to pay to 99 00:04:52,320 --> 00:04:54,680 Speaker 3: get the best and brightest and all that sort of thing. Okay, 100 00:04:54,720 --> 00:04:57,520 Speaker 3: so let's get out of the way. But it's about transparency. 101 00:04:58,000 --> 00:05:00,000 Speaker 3: You know, you google how much is a back any 102 00:05:00,080 --> 00:05:02,479 Speaker 3: an MP paid. It's about one hundred and seventy But 103 00:05:02,560 --> 00:05:04,640 Speaker 3: then of course the public find out that, oh, well, 104 00:05:04,680 --> 00:05:07,440 Speaker 3: there's the other thirty four thousand for the super and 105 00:05:07,480 --> 00:05:10,000 Speaker 3: there's the other thirty six thousand tax free for the 106 00:05:10,520 --> 00:05:13,760 Speaker 3: expense allowance for clothing and for luggage and things like that. 107 00:05:13,800 --> 00:05:19,200 Speaker 3: And there's the other forty old grand for the accommodation subsidy. 108 00:05:19,839 --> 00:05:21,119 Speaker 3: What we say is it shot? 109 00:05:21,160 --> 00:05:22,120 Speaker 2: Look do it like. 110 00:05:22,120 --> 00:05:25,800 Speaker 3: Anyone else would do it? No one in there will 111 00:05:25,839 --> 00:05:28,120 Speaker 3: be half a million people listening to the show. They 112 00:05:28,160 --> 00:05:31,919 Speaker 3: were the only people listening that get thirty four thousand 113 00:05:31,960 --> 00:05:34,359 Speaker 3: dollars from their employer to go into the Kiwi Saber 114 00:05:34,800 --> 00:05:38,520 Speaker 3: or the RMPS. That's that's crooked. 115 00:05:39,240 --> 00:05:41,400 Speaker 2: Would you go so far as saying crooked? 116 00:05:41,880 --> 00:05:45,480 Speaker 3: Well, it's not true, it's maybe it's not correct. I'm 117 00:05:45,480 --> 00:05:48,000 Speaker 3: not suggesting that for a moment, but it is. It's 118 00:05:48,600 --> 00:05:50,360 Speaker 3: come on, put it this way. 119 00:05:51,520 --> 00:05:53,800 Speaker 1: Can I jump in and help howl about Jordan here? 120 00:05:54,400 --> 00:05:58,479 Speaker 1: I work in a job where my role is to 121 00:05:58,520 --> 00:06:01,919 Speaker 1: hold your powerful pace and powerful polishings to account, and 122 00:06:01,960 --> 00:06:04,600 Speaker 1: I'm embarrassed to say that until this story came out, 123 00:06:04,640 --> 00:06:07,800 Speaker 1: I had absolutely no idea that MP's benefited from this perk. 124 00:06:08,120 --> 00:06:11,360 Speaker 1: Now I'm one that thinks that MP's should be paid. Well, 125 00:06:11,440 --> 00:06:14,880 Speaker 1: I think we want talented people to be representing us 126 00:06:14,880 --> 00:06:18,200 Speaker 1: in Parliament. But I had absolutely no idea that they 127 00:06:18,200 --> 00:06:21,520 Speaker 1: could claim this much money by contributing. And I think 128 00:06:22,040 --> 00:06:25,600 Speaker 1: it's like it's maxed out at a backbenchers thing, right, 129 00:06:25,680 --> 00:06:28,599 Speaker 1: So like, for example, the Prime Minister he gets the 130 00:06:28,640 --> 00:06:31,200 Speaker 1: maximum that the backbencher would get. He gets thirty four 131 00:06:31,279 --> 00:06:34,320 Speaker 1: as opposed to Yeah, right, But nonetheless it speaks to 132 00:06:34,360 --> 00:06:38,360 Speaker 1: the transparency points that's raising. Yes, I had no idea 133 00:06:38,400 --> 00:06:40,360 Speaker 1: about this, and so if I feel like, if I 134 00:06:40,360 --> 00:06:42,320 Speaker 1: don't know about this, then most New Zealanders an't going 135 00:06:42,400 --> 00:06:42,920 Speaker 1: to know about this. 136 00:06:44,440 --> 00:06:47,320 Speaker 2: Jordan. Here's the thing, right, if the best leaders are 137 00:06:47,360 --> 00:06:49,480 Speaker 2: people who do the same thing to themselves as they 138 00:06:49,520 --> 00:06:51,800 Speaker 2: ask of others, right, and these guys are not good leaders. 139 00:06:52,120 --> 00:06:53,200 Speaker 2: That's essentially what it is. 140 00:06:54,360 --> 00:06:57,600 Speaker 3: Well, I mean this has sort of been a cozy 141 00:06:57,720 --> 00:06:59,760 Speaker 3: sort of thing since that this particular role goes back 142 00:06:59,760 --> 00:07:03,000 Speaker 3: to two thousand and three, and the remuneration Authority has 143 00:07:03,000 --> 00:07:04,560 Speaker 3: said time and time again on and we're not going 144 00:07:04,600 --> 00:07:05,800 Speaker 3: to review that, We're not going to touch that. 145 00:07:05,880 --> 00:07:06,680 Speaker 1: What do you want them. 146 00:07:06,600 --> 00:07:08,320 Speaker 2: To do, Jordan? Do you want them to take themselves 147 00:07:08,400 --> 00:07:09,920 Speaker 2: back to the same place the rest of us are. 148 00:07:09,840 --> 00:07:12,960 Speaker 3: At exactly just set in a mound like stop all 149 00:07:13,000 --> 00:07:15,200 Speaker 3: these extra add ons, and the only reason they have 150 00:07:15,280 --> 00:07:17,120 Speaker 3: the add ons is to try to get the headline 151 00:07:17,120 --> 00:07:20,160 Speaker 3: amount low so they don't get grief. I've actually it's 152 00:07:20,160 --> 00:07:22,800 Speaker 3: a paper. I've wanted to do this for a decade, 153 00:07:22,800 --> 00:07:24,880 Speaker 3: and I need to sit down and write it. I'm 154 00:07:24,920 --> 00:07:27,400 Speaker 3: going to a theory, okay, and this is I say that genuinely. 155 00:07:27,560 --> 00:07:30,280 Speaker 3: Even the staff and the text BAIS Union disagree. You 156 00:07:30,320 --> 00:07:32,200 Speaker 3: can make it a principled argument we should pay loads. 157 00:07:32,200 --> 00:07:33,960 Speaker 3: You make a principal argument that we take the Swiss 158 00:07:33,960 --> 00:07:37,240 Speaker 3: model and pay nothing. Here's an idea. What about paying 159 00:07:37,280 --> 00:07:40,160 Speaker 3: the opportunity cost of being an MP. So you have 160 00:07:40,280 --> 00:07:45,520 Speaker 3: a floor like a minimum, but then cover like base 161 00:07:45,560 --> 00:07:48,800 Speaker 3: it on the previous five years earnings or whatever you 162 00:07:48,880 --> 00:07:52,360 Speaker 3: know taxtbill income. So if you give up a job 163 00:07:52,680 --> 00:07:55,440 Speaker 3: at a million bucks a year, that's what you get paid. 164 00:07:56,000 --> 00:07:58,840 Speaker 3: Because if the argument the problem is if you pay. 165 00:07:59,280 --> 00:08:00,800 Speaker 2: Still do get it. 166 00:08:00,800 --> 00:08:02,040 Speaker 3: It's just an idea. I mean, it's not as I 167 00:08:02,080 --> 00:08:04,240 Speaker 3: say that the TU we actually can't agree what the 168 00:08:04,240 --> 00:08:04,720 Speaker 3: best way is. 169 00:08:04,720 --> 00:08:07,600 Speaker 2: But I think you're complicated, Jordan. I think you're over 170 00:08:07,600 --> 00:08:10,840 Speaker 2: complicating it. These guys act they do it for they 171 00:08:10,840 --> 00:08:11,760 Speaker 2: don't do it for the money. 172 00:08:12,760 --> 00:08:15,520 Speaker 3: Wow, oh some of them. Some of them. I think 173 00:08:15,520 --> 00:08:17,600 Speaker 3: that you look at the they're on the best job, 174 00:08:17,880 --> 00:08:21,440 Speaker 3: they're ever ran. But it's not right that that as 175 00:08:21,440 --> 00:08:23,720 Speaker 3: I say, you google it one hundred and seventy year. K. 176 00:08:23,840 --> 00:08:25,400 Speaker 3: That's high, but you know they work hard whatever, But 177 00:08:25,400 --> 00:08:27,920 Speaker 3: it's not it's quarter of a million in any in 178 00:08:28,000 --> 00:08:29,600 Speaker 3: any other sort of measure. 179 00:08:29,800 --> 00:08:32,319 Speaker 2: Okay, Now, when was the last time, Jack that you 180 00:08:32,400 --> 00:08:33,240 Speaker 2: went to the movies? 181 00:08:34,480 --> 00:08:34,680 Speaker 3: Oh? 182 00:08:36,480 --> 00:08:39,760 Speaker 1: I reckon a year ago. 183 00:08:40,080 --> 00:08:42,079 Speaker 2: It's not bad. Would you go see isn't it? 184 00:08:43,120 --> 00:08:46,480 Speaker 1: Oh? I feel like I win. I saw a kids movie. Yes, 185 00:08:46,720 --> 00:08:54,280 Speaker 1: does it even count yet? Then? Well again, took up 186 00:08:54,600 --> 00:08:55,680 Speaker 1: mindaft last week. 187 00:08:56,160 --> 00:08:57,760 Speaker 3: I have to say to Jack, you know it'll be 188 00:08:57,800 --> 00:09:00,800 Speaker 3: your last one. I really had to think about it. 189 00:09:00,840 --> 00:09:02,440 Speaker 3: The last time I went to the movies, it was 190 00:09:02,480 --> 00:09:05,160 Speaker 3: when Emily was pregnant and it was down to Abbey. 191 00:09:05,480 --> 00:09:09,800 Speaker 3: It was more than five years ago. Oh yeah, it's 192 00:09:09,920 --> 00:09:13,600 Speaker 3: just it really took me a long time to think about. 193 00:09:13,440 --> 00:09:15,760 Speaker 2: What are you doing? No screen time? And that's a 194 00:09:15,800 --> 00:09:17,000 Speaker 2: gigantic screen. 195 00:09:17,200 --> 00:09:20,880 Speaker 3: The thing is TV. I think that it's the reaiscence 196 00:09:20,920 --> 00:09:24,560 Speaker 3: of really good TV. Now you look at the big 197 00:09:24,600 --> 00:09:27,560 Speaker 3: budget sort of Netflix serieses and stuff. 198 00:09:27,840 --> 00:09:30,840 Speaker 2: That's where entertain It's yep. I'm with you. Okay, guys, 199 00:09:30,840 --> 00:09:32,680 Speaker 2: listen to Lovely Talk to the pair of you go Jack, 200 00:09:32,720 --> 00:09:34,920 Speaker 2: you go get better, Jordan, Thank you for your time, Jack, 201 00:09:34,960 --> 00:09:35,960 Speaker 2: Tam Jordan Williams. 202 00:09:36,360 --> 00:09:39,520 Speaker 3: For more from Heather Duplessy Allen Drive, listen live to 203 00:09:39,640 --> 00:09:42,640 Speaker 3: news Talks it'd be from four pm weekdays, or follow 204 00:09:42,720 --> 00:09:44,480 Speaker 3: the podcast on iHeartRadio