1
00:00:02,040 --> 00:00:04,720
Speaker 1: Pressing the newswakers to get the real story.

2
00:00:04,960 --> 00:00:08,880
Speaker 2: It's Heather duplicy Ellen drive with one New Zealand let's

3
00:00:08,920 --> 00:00:11,040
Speaker 2: get connected you Storp said.

4
00:00:10,800 --> 00:00:10,880
Speaker 3: Be.

5
00:00:13,880 --> 00:00:16,239
Speaker 4: Hey, good afternoon, welcome to the show. Good to be

6
00:00:16,360 --> 00:00:19,320
Speaker 4: back with you today. Coming up, we have got Peter Dunn,

7
00:00:19,320 --> 00:00:22,160
Speaker 4: political commentator who will have a look back one year

8
00:00:22,200 --> 00:00:23,880
Speaker 4: on from the election and tell us how he thinks

9
00:00:23,880 --> 00:00:26,880
Speaker 4: the government's doing. Government wants to increase New Zealand's fuel

10
00:00:26,920 --> 00:00:28,360
Speaker 4: reserves from three weeks.

11
00:00:28,080 --> 00:00:28,720
Speaker 5: To four weeks.

12
00:00:28,720 --> 00:00:30,680
Speaker 4: We'll have a chat to Transporting New Zealand about that

13
00:00:30,720 --> 00:00:35,760
Speaker 4: and also Robin Oliver, tax expert on another banking boss

14
00:00:35,800 --> 00:00:37,520
Speaker 4: wanting us to pay more taxes.

15
00:00:38,800 --> 00:00:40,040
Speaker 1: Heather Duplessy Ellen.

16
00:00:40,360 --> 00:00:42,559
Speaker 4: Yeah, So, as I say today, mark's exactly a year

17
00:00:42,600 --> 00:00:44,400
Speaker 4: since we went to the election, since we voted to

18
00:00:44,400 --> 00:00:46,720
Speaker 4: get rid of the Jinda Chippy lot and swap them

19
00:00:46,760 --> 00:00:50,360
Speaker 4: out for the Luxe and Peters Seymour coalition government. And

20
00:00:50,440 --> 00:00:52,600
Speaker 4: an anniversary does feel like a really good place, doesn't

21
00:00:52,640 --> 00:00:54,600
Speaker 4: it to have a look and assess whether this government

22
00:00:54,680 --> 00:00:56,960
Speaker 4: is doing what we want them to be doing. And

23
00:00:57,000 --> 00:00:58,920
Speaker 4: to be honest with you, the overriding feeling that I

24
00:00:58,960 --> 00:01:01,120
Speaker 4: have with the coalition government is that there is just

25
00:01:01,160 --> 00:01:05,720
Speaker 4: a sense of disappointment, isn't there with them. It's not

26
00:01:05,800 --> 00:01:07,959
Speaker 4: because of what they're doing, because actually what they're doing

27
00:01:08,040 --> 00:01:09,560
Speaker 4: is exactly what they said they were going to do,

28
00:01:09,600 --> 00:01:11,920
Speaker 4: and they are moving very very fast. It was actually

29
00:01:11,959 --> 00:01:15,280
Speaker 4: impressive how much they're managing to get done. They started

30
00:01:15,319 --> 00:01:17,840
Speaker 4: cutting back the public service, They've given us tax relief,

31
00:01:17,880 --> 00:01:20,880
Speaker 4: They've repealed the Auckland fuel tax, They've repealed the ute tax,

32
00:01:20,920 --> 00:01:23,360
Speaker 4: they've repealed the fair pay agreements, got rid of the

33
00:01:23,400 --> 00:01:26,800
Speaker 4: three waters, started writing the beneficiaries a little harder like

34
00:01:26,800 --> 00:01:29,280
Speaker 4: they should, started cracking down on truancy, like they should,

35
00:01:29,319 --> 00:01:30,640
Speaker 4: get rid of the phones. And because I mean, I

36
00:01:30,640 --> 00:01:33,240
Speaker 4: could go on. The list of things that they have

37
00:01:33,360 --> 00:01:35,200
Speaker 4: managed to do in the space of the year is

38
00:01:35,240 --> 00:01:39,440
Speaker 4: actually astounding. But still despite all of that, there is

39
00:01:39,480 --> 00:01:41,520
Speaker 4: the sense of disappointment. You can see it in the poles.

40
00:01:41,520 --> 00:01:43,080
Speaker 4: We've got a poll coming out tonight. I don't know

41
00:01:43,120 --> 00:01:45,800
Speaker 4: what it says, but the most recent poll before that

42
00:01:45,880 --> 00:01:47,960
Speaker 4: is the one on Friday, which was the Curier Pole

43
00:01:48,120 --> 00:01:51,760
Speaker 4: Taxpayers Union. Pole has the combined government parties, if you

44
00:01:51,760 --> 00:01:54,080
Speaker 4: add them all up on just slightly more than fifty

45
00:01:54,080 --> 00:01:57,720
Speaker 4: two percent. Now That's not resounding popularity, is it, Especially

46
00:01:57,760 --> 00:01:59,880
Speaker 4: when you consider how much we in the end hated

47
00:02:00,160 --> 00:02:02,440
Speaker 4: what justind Ar Dune and Chippy were doing. You would

48
00:02:02,480 --> 00:02:04,440
Speaker 4: expect that the Lot that comes up and cleans up

49
00:02:04,520 --> 00:02:07,440
Speaker 4: after them would have this massive wave of popularity. But no,

50
00:02:08,440 --> 00:02:11,120
Speaker 4: and I reckon the problem that we've got is actually

51
00:02:11,120 --> 00:02:13,799
Speaker 4: that we're not comparing them to Jacinda Ardune's Lot. We're

52
00:02:13,840 --> 00:02:17,679
Speaker 4: comparing them to John Key's government, and they're not John

53
00:02:17,760 --> 00:02:20,280
Speaker 4: Key's government. That's actually what we wanted after all the

54
00:02:20,360 --> 00:02:22,720
Speaker 4: drama of Jacinda and COVID and the poor spending that

55
00:02:22,800 --> 00:02:24,520
Speaker 4: was going on. I think what we really wanted to

56
00:02:24,560 --> 00:02:26,760
Speaker 4: do was go back to the glory days and the

57
00:02:26,840 --> 00:02:29,480
Speaker 4: settled healcion days of John Key being in charge and

58
00:02:29,560 --> 00:02:32,160
Speaker 4: us getting richer while we ride that economic wave of

59
00:02:32,600 --> 00:02:35,520
Speaker 4: Chinese demand for all of our products. Right, we were

60
00:02:35,520 --> 00:02:38,400
Speaker 4: getting rich and things politically were settled, and it was

61
00:02:38,440 --> 00:02:40,880
Speaker 4: an awesome time, and that's what we wanted. But then

62
00:02:40,919 --> 00:02:43,720
Speaker 4: what we got instead is a couple of recessions. Not

63
00:02:43,800 --> 00:02:46,560
Speaker 4: this government's fault, but until the economy improves and we

64
00:02:46,560 --> 00:02:49,320
Speaker 4: feel richer, their polls will suffer for it. And what

65
00:02:49,360 --> 00:02:51,519
Speaker 4: we got was Chris Luxen kind of like a John

66
00:02:51,600 --> 00:02:54,520
Speaker 4: Key minimy, but not John Key and the guys running

67
00:02:54,520 --> 00:02:57,519
Speaker 4: a three party proper MMP coalition government for the first

68
00:02:57,560 --> 00:02:59,519
Speaker 4: time that squabbles with itself and is having to undo

69
00:02:59,560 --> 00:03:02,200
Speaker 4: all the ump popular stuff that Jcinda did, but which

70
00:03:02,280 --> 00:03:06,440
Speaker 4: comes with feeling of fractiousness, isn't it again not their fault.

71
00:03:06,600 --> 00:03:09,040
Speaker 4: But as long as there is upheaval and angry commentators

72
00:03:09,040 --> 00:03:11,080
Speaker 4: in the Herald and on stuff, their polls will suffer

73
00:03:11,120 --> 00:03:13,600
Speaker 4: for it. I think a year in, I think this

74
00:03:13,639 --> 00:03:16,840
Speaker 4: government is actually doing a great job of doing exactly

75
00:03:16,880 --> 00:03:19,320
Speaker 4: what it said it would do and doing it really fast.

76
00:03:19,400 --> 00:03:21,880
Speaker 4: But I don't think it will ever be rewarded for it. Politically.

77
00:03:22,240 --> 00:03:23,760
Speaker 4: I think it will always be a little bit of

78
00:03:23,760 --> 00:03:27,200
Speaker 4: a sense of a disappointment around this coalition government.

79
00:03:27,800 --> 00:03:30,000
Speaker 1: Heather duper Cela all the way Peter done.

80
00:03:29,880 --> 00:03:32,120
Speaker 4: Is with us after five o'clock on that You're welcome

81
00:03:32,120 --> 00:03:33,720
Speaker 4: to away in nine two nine two as the text

82
00:03:33,800 --> 00:03:36,800
Speaker 4: under standard text fees apply now. One of New Zealand's

83
00:03:36,840 --> 00:03:39,600
Speaker 4: largest festivals, Bay Dreams, has announced it's no longer going

84
00:03:39,640 --> 00:03:41,880
Speaker 4: to go ahead. We're supposed to go ahead this summer.

85
00:03:42,560 --> 00:03:45,120
Speaker 4: Promoters are struggling to bring big artists into the country.

86
00:03:45,160 --> 00:03:47,520
Speaker 4: The organizers were trying to book the world's biggest rapper,

87
00:03:48,240 --> 00:03:51,200
Speaker 4: Kendrick Lamar or one of at least to headline the festival,

88
00:03:51,240 --> 00:03:53,640
Speaker 4: which was supposed to be hold held in Totunga and Queenstown,

89
00:03:53,680 --> 00:03:55,920
Speaker 4: but then the cost of booking him alone blew out massively,

90
00:03:56,160 --> 00:03:59,240
Speaker 4: so the promoters canceled the festival altogether. Founder and director

91
00:03:59,280 --> 00:04:01,960
Speaker 4: of Rhythm and Alps Alex Turnbull is with us right now.

92
00:04:02,120 --> 00:04:04,920
Speaker 6: Alex, Hello, Heather good, that's name.

93
00:04:05,080 --> 00:04:07,000
Speaker 4: Alex is going through the list and trying to figure

94
00:04:07,000 --> 00:04:09,440
Speaker 4: out if this is the biggest festival that's been canceled

95
00:04:09,440 --> 00:04:10,000
Speaker 4: in the country.

96
00:04:10,040 --> 00:04:16,320
Speaker 6: Is it, well, there's been you knows, are cancling or

97
00:04:16,360 --> 00:04:19,640
Speaker 6: not for whatever reasons. The good ones are in there,

98
00:04:19,680 --> 00:04:22,839
Speaker 6: The good ones are staying around. Established brands are there.

99
00:04:23,760 --> 00:04:27,000
Speaker 6: You know, it's a very dangerous position to be relying

100
00:04:27,040 --> 00:04:30,039
Speaker 6: on an artist to sell your festivala There are so

101
00:04:30,160 --> 00:04:34,680
Speaker 6: many more lines that contribute to the festival brands such

102
00:04:34,800 --> 00:04:38,440
Speaker 6: the experience is really really key things. Whether it's the

103
00:04:38,440 --> 00:04:41,240
Speaker 6: biggest festfort's canceled, I'm really not sure that the.

104
00:04:41,279 --> 00:04:43,560
Speaker 4: Argument is Alex, that you have to rely on a

105
00:04:43,560 --> 00:04:45,240
Speaker 4: big name, because if you haven't got a lot of

106
00:04:45,240 --> 00:04:47,280
Speaker 4: money in a recession, you know, like the punters out

107
00:04:47,279 --> 00:04:48,719
Speaker 4: there don't have a lot of money to spend, they're

108
00:04:48,720 --> 00:04:51,039
Speaker 4: not just going to spend it willy nilly. They want

109
00:04:51,080 --> 00:04:52,640
Speaker 4: to know that they're going to go see a really

110
00:04:52,640 --> 00:04:54,520
Speaker 4: amazing artist. Would you disagree with.

111
00:04:54,480 --> 00:04:58,000
Speaker 6: That, Well, yes, in some ways it would. I mean,

112
00:04:58,720 --> 00:05:01,000
Speaker 6: you know, we have a response for to keep the

113
00:05:01,120 --> 00:05:04,480
Speaker 6: young New Zealanders safe at these events. And you know,

114
00:05:04,600 --> 00:05:07,320
Speaker 6: a good festival brand does look after its people. It's

115
00:05:07,320 --> 00:05:10,159
Speaker 6: about the experience. And if you get into a position

116
00:05:10,200 --> 00:05:12,560
Speaker 6: where you have to book the biggest act in the world,

117
00:05:12,560 --> 00:05:15,640
Speaker 6: where you're in a pretty dangerous situation whereby you relying

118
00:05:15,720 --> 00:05:17,840
Speaker 6: on it, you know you can't lose control. But if

119
00:05:18,960 --> 00:05:22,360
Speaker 6: a brand is all about the experience in the long term,

120
00:05:22,360 --> 00:05:24,560
Speaker 6: it's long game. That's what matters to the people.

121
00:05:24,880 --> 00:05:26,680
Speaker 4: Okay, So if you're not going for Kendrick Lamar, who

122
00:05:26,680 --> 00:05:27,520
Speaker 4: should you be going for?

123
00:05:29,279 --> 00:05:32,000
Speaker 6: Well, that's the million lot of question. I mean, you know,

124
00:05:32,279 --> 00:05:36,200
Speaker 6: we've all the New Zealand's we're really really lucky position line.

125
00:05:36,200 --> 00:05:38,839
Speaker 6: We've got Coldpaid coming through next month with Travis Scott,

126
00:05:38,920 --> 00:05:41,600
Speaker 6: We've got Phil jam. But you know, at the same time,

127
00:05:41,720 --> 00:05:45,760
Speaker 6: New Zealand musicians and New Zealand music people love music.

128
00:05:45,800 --> 00:05:48,599
Speaker 6: You know, you've got there's great acts like Shapeshift coming

129
00:05:48,640 --> 00:05:52,280
Speaker 6: through in Hawk's Bay and Crew Mandal in the summer.

130
00:05:52,960 --> 00:05:56,080
Speaker 6: New Zealanders love their own so we don't have to

131
00:05:56,120 --> 00:05:59,000
Speaker 6: see the bigger facts in the world. Nice if they

132
00:05:59,040 --> 00:06:02,960
Speaker 6: hear again sometimes the realization of that it can be

133
00:06:04,040 --> 00:06:04,360
Speaker 6: that far.

134
00:06:04,640 --> 00:06:06,039
Speaker 4: When when is your festival on.

135
00:06:07,800 --> 00:06:09,920
Speaker 6: Rhythm up to semi thirty thirty one every year?

136
00:06:10,200 --> 00:06:12,560
Speaker 4: Where you now started selling tickets yet?

137
00:06:13,440 --> 00:06:15,599
Speaker 6: Yeah, yeah, we're about twenty per cent up and you know,

138
00:06:16,160 --> 00:06:19,360
Speaker 6: ourn Aen We're lucky. You know, we put a lot

139
00:06:19,360 --> 00:06:23,000
Speaker 6: of effort into the experience to keep people safe, you know,

140
00:06:23,040 --> 00:06:25,080
Speaker 6: and isn't it I mean rhythm and vines and givesment's

141
00:06:25,080 --> 00:06:30,040
Speaker 6: the same thing. So you know we've spent a lot

142
00:06:30,120 --> 00:06:33,000
Speaker 6: of due diligence of time and staff and getting it

143
00:06:33,120 --> 00:06:35,640
Speaker 6: right to make sure our young people are safe and

144
00:06:35,680 --> 00:06:36,200
Speaker 6: well at better.

145
00:06:36,320 --> 00:06:38,360
Speaker 4: Yeah, you guys have got a great brand. Ay What

146
00:06:38,400 --> 00:06:39,880
Speaker 4: are these guys were saying, by the way, and I'd

147
00:06:39,880 --> 00:06:41,640
Speaker 4: be fascinated to know if you were experiencing this, this

148
00:06:41,720 --> 00:06:43,680
Speaker 4: is beaydreams. They were saying that artists who would have

149
00:06:43,720 --> 00:06:47,680
Speaker 4: charged maybe three hundred three fifty thousand previously are now

150
00:06:47,760 --> 00:06:49,720
Speaker 4: charging a million plus. Is that are you seeing that?

151
00:06:51,360 --> 00:06:55,560
Speaker 6: Well, it depends on your negotiation. I mean everything. An

152
00:06:55,600 --> 00:06:58,800
Speaker 6: agent will sell an artist to a booker under certain

153
00:06:58,880 --> 00:07:01,680
Speaker 6: terms and additions the time of the year. How many

154
00:07:01,680 --> 00:07:03,800
Speaker 6: other shows are around based at the relationship they have,

155
00:07:04,839 --> 00:07:08,840
Speaker 6: what the building is. There's very multiple angles that make

156
00:07:08,920 --> 00:07:11,120
Speaker 6: up the cost of a to bring an artist in.

157
00:07:11,720 --> 00:07:13,720
Speaker 6: And yes, I mean right across the board. I think

158
00:07:13,800 --> 00:07:15,720
Speaker 6: everything's gone up to the twenty three to forty percent

159
00:07:15,760 --> 00:07:17,559
Speaker 6: in the event industry in the last two or three years.

160
00:07:18,920 --> 00:07:21,760
Speaker 6: I haven't heard jumps like that. I mean, you know,

161
00:07:21,840 --> 00:07:23,640
Speaker 6: the end of the day, these artists can charge what

162
00:07:23,680 --> 00:07:24,960
Speaker 6: they want, and he decided to pay it or not,

163
00:07:25,040 --> 00:07:25,760
Speaker 6: it's your choice.

164
00:07:26,080 --> 00:07:29,640
Speaker 4: Yeah, hey, thank you, Alex appreciated. That's Alex Turnbull, founder

165
00:07:29,640 --> 00:07:32,280
Speaker 4: and director of Rhythm and Alps, was trying to figure

166
00:07:32,280 --> 00:07:33,600
Speaker 4: out if it was the biggest I think it might

167
00:07:33,600 --> 00:07:35,600
Speaker 4: be the biggest festivals. A bunch of minow festivals have

168
00:07:35,640 --> 00:07:37,600
Speaker 4: been canceled in the country and stuff like that fallen

169
00:07:37,680 --> 00:07:41,120
Speaker 4: over and whatnot. Biggest festival over in Australia was probably

170
00:07:41,120 --> 00:07:43,200
Speaker 4: Splendor in the Grass. It was canceled earlier this year,

171
00:07:43,200 --> 00:07:44,720
Speaker 4: and then this one will be the biggest one here,

172
00:07:44,760 --> 00:07:48,920
Speaker 4: I think. Listen Goldra's garment. Quick update on her goldris

173
00:07:49,040 --> 00:07:53,280
Speaker 4: is appealing her shoplifting convictions and because she thinks that

174
00:07:53,360 --> 00:07:58,520
Speaker 4: they may possibly maybe not sure but maybe but not sure,

175
00:07:58,560 --> 00:08:01,280
Speaker 4: but maybe get in the way of her getting a job.

176
00:08:01,480 --> 00:08:04,960
Speaker 4: Weak argument, Goleraz, you gotta do better than that, mate.

177
00:08:05,120 --> 00:08:07,160
Speaker 4: So what she's done is she's applied for a job.

178
00:08:07,240 --> 00:08:09,160
Speaker 4: She applied in June this year for a job at

179
00:08:09,160 --> 00:08:11,200
Speaker 4: the International Criminal Court. And you can't work at the

180
00:08:11,480 --> 00:08:14,960
Speaker 4: ICC if you've been convicted of serious criminal offending yourself

181
00:08:15,120 --> 00:08:18,720
Speaker 4: for obvious reasons. So her lawyer's gone to the court

182
00:08:19,280 --> 00:08:21,320
Speaker 4: and argued that the conviction should be overturned so she

183
00:08:21,360 --> 00:08:24,800
Speaker 4: can get this job. But weak argument because they're not

184
00:08:25,000 --> 00:08:29,360
Speaker 4: sure if her convictions are of a serious enough of

185
00:08:29,360 --> 00:08:31,640
Speaker 4: offense level to kind of cancel her out of the job.

186
00:08:31,800 --> 00:08:34,840
Speaker 4: And then also the lawyer didn't pony up any evidence

187
00:08:35,360 --> 00:08:38,720
Speaker 4: as to whether the ICC is actually actively considering her

188
00:08:38,800 --> 00:08:40,360
Speaker 4: for the job or not, Like, is she still in

189
00:08:40,400 --> 00:08:42,880
Speaker 4: the recruitment, she's still in the is she still as

190
00:08:42,920 --> 00:08:46,080
Speaker 4: ah still got her file or did they sit back on? Nah? Thanks,

191
00:08:46,280 --> 00:08:48,040
Speaker 4: we don't know because the lawyer didn't tell us. And

192
00:08:48,080 --> 00:08:52,520
Speaker 4: then also does the ICC not have Google? Because I

193
00:08:52,559 --> 00:08:55,120
Speaker 4: feel like that's gonna That's a thing, isn't it. They'll

194
00:08:55,120 --> 00:08:56,920
Speaker 4: just be like, oh, look, here's an applicant goleras are

195
00:08:57,040 --> 00:09:00,680
Speaker 4: dear convictions or not? Don't you think? Six the past four.

196
00:09:01,880 --> 00:09:05,199
Speaker 2: Digging deeper into the day's headlines, it's Heather Duper c

197
00:09:05,320 --> 00:09:08,720
Speaker 2: Allen Drive with One New Zealand One Giant Leap for

198
00:09:08,800 --> 00:09:13,200
Speaker 2: business US Talk said B Sport with tab get your

199
00:09:13,240 --> 00:09:15,559
Speaker 2: bed on a eight bed responsibly.

200
00:09:16,160 --> 00:09:19,880
Speaker 4: Jason Pine sports stalkhosters with me he Piney, Hello, Heather, Hey,

201
00:09:20,720 --> 00:09:22,199
Speaker 4: you're sounding excited. What's up?

202
00:09:22,520 --> 00:09:23,360
Speaker 7: Well you're back?

203
00:09:23,480 --> 00:09:26,920
Speaker 4: Oh jeez, aren't you lovely? Poney? It's a live i've

204
00:09:26,960 --> 00:09:29,000
Speaker 4: ever heard? Are you just feeling it's Monday?

205
00:09:30,120 --> 00:09:31,559
Speaker 7: Who gets excited about mondays?

206
00:09:31,559 --> 00:09:34,280
Speaker 4: I don't know, but that they must exist somewhere, they

207
00:09:34,360 --> 00:09:37,120
Speaker 4: must get I guess you're right someone in the world. Hey,

208
00:09:37,520 --> 00:09:39,280
Speaker 4: does this sound to you like Ben Ainsley's a little

209
00:09:39,280 --> 00:09:40,880
Speaker 4: bit just a little bit rattled.

210
00:09:41,360 --> 00:09:42,839
Speaker 8: Yeah, he had a bit of a waird, isn't he

211
00:09:43,000 --> 00:09:47,240
Speaker 8: I think he's misheard Stephen MacIvor. Actually, you've hurt this audio, right, Yeah,

212
00:09:47,559 --> 00:09:49,839
Speaker 8: I think he's misheard what Stephen McIvor has said. I

213
00:09:49,840 --> 00:09:52,960
Speaker 8: think Stephen mcciv says, are you still in this? Because

214
00:09:52,960 --> 00:09:55,160
Speaker 8: that's the feeling I get coming off your boat. I

215
00:09:55,200 --> 00:09:58,120
Speaker 8: think Ben Ainsley thinks he says, that's not the feeling

216
00:09:58,120 --> 00:10:00,840
Speaker 8: I get coming off your boat. Stephen Kaiva, like most

217
00:10:00,920 --> 00:10:05,200
Speaker 8: broadcasters myself included, speaks quite fast. I think he's misheard him.

218
00:10:05,240 --> 00:10:07,439
Speaker 8: Either way, he's had like I says, Yeah, I think

219
00:10:07,480 --> 00:10:11,080
Speaker 8: he's a bit rattled. They've spent tens and tens of

220
00:10:11,120 --> 00:10:14,160
Speaker 8: millions of dollars on this campaign. They're still on zero.

221
00:10:14,440 --> 00:10:16,520
Speaker 8: They've got to win seven of the next ten now

222
00:10:16,600 --> 00:10:18,240
Speaker 8: to win the America's Cup.

223
00:10:18,679 --> 00:10:21,720
Speaker 7: Yeah. I just think he's Yeah, maybe rattle is a

224
00:10:21,720 --> 00:10:22,120
Speaker 7: good word.

225
00:10:22,160 --> 00:10:28,280
Speaker 4: Piney. Let's have a listen. Let's let's see if you're right. Nah. No,

226
00:10:28,559 --> 00:10:30,520
Speaker 4: So I've been away for a week, and so can

227
00:10:30,559 --> 00:10:33,440
Speaker 4: you play it, Laura. Yeah, No, they've taken the they've

228
00:10:33,480 --> 00:10:37,000
Speaker 4: taken Poney, they've taken the privilege of playing audio out

229
00:10:37,080 --> 00:10:38,080
Speaker 4: to you away for a rest.

230
00:10:39,840 --> 00:10:43,880
Speaker 9: They're feeling coming off your boat, you're close when it

231
00:10:43,880 --> 00:10:46,200
Speaker 9: comes to performance because they get their feeling coming off

232
00:10:46,280 --> 00:10:46,640
Speaker 9: your boat.

233
00:10:48,800 --> 00:10:51,600
Speaker 10: Yeah, you and your mate.

234
00:10:53,000 --> 00:10:58,640
Speaker 9: Okay, I'll take that one on the chain and thanks buddy.

235
00:10:59,080 --> 00:11:01,400
Speaker 4: Okay. So was the word that I've been trying to

236
00:11:01,440 --> 00:11:03,760
Speaker 4: figure it out. The word that he used, the W word?

237
00:11:03,800 --> 00:11:05,160
Speaker 4: Was that the one that rhymes with banker?

238
00:11:05,480 --> 00:11:05,880
Speaker 7: I think so?

239
00:11:06,040 --> 00:11:09,000
Speaker 4: Yes, okay did Yeah, he did seem to take a

240
00:11:09,040 --> 00:11:10,920
Speaker 4: little bit tough. And what it makes me think is

241
00:11:10,960 --> 00:11:12,240
Speaker 4: that they know they're going to lose this.

242
00:11:12,280 --> 00:11:13,920
Speaker 7: What do you think? Yeah, I know they're totally going

243
00:11:13,960 --> 00:11:14,360
Speaker 7: to lose this.

244
00:11:14,520 --> 00:11:16,720
Speaker 8: Although those of us who are around in twenty thirteen,

245
00:11:16,760 --> 00:11:19,040
Speaker 8: you and I included, knew what happened at eight to

246
00:11:19,080 --> 00:11:21,680
Speaker 8: one ahead, So far be it from us to you know,

247
00:11:21,840 --> 00:11:23,920
Speaker 8: suggest any kind of fate or complete here. But this

248
00:11:23,960 --> 00:11:27,240
Speaker 8: isn't This isn't a boat that's going to come back.

249
00:11:27,360 --> 00:11:29,720
Speaker 8: And for example, New Zealand get six and a up,

250
00:11:29,720 --> 00:11:31,400
Speaker 8: they're not going to win it seven six. I look

251
00:11:31,440 --> 00:11:33,800
Speaker 8: at Peter Berlin, what an absolute champion of a man.

252
00:11:34,440 --> 00:11:37,080
Speaker 8: You know, I think he's he's going to guide us

253
00:11:37,280 --> 00:11:40,160
Speaker 8: almost stress free to the America's Cup.

254
00:11:40,160 --> 00:11:41,040
Speaker 7: That's how I feel about it.

255
00:11:41,040 --> 00:11:42,920
Speaker 8: And I think, yeah, I think Sir Ben's just like

256
00:11:42,960 --> 00:11:46,800
Speaker 8: I say, rattled misheard that question. They you know, they

257
00:11:46,920 --> 00:11:49,000
Speaker 8: had to dependally get race Peneral to get the start,

258
00:11:49,280 --> 00:11:51,680
Speaker 8: almost collided with with with us.

259
00:11:52,120 --> 00:11:54,080
Speaker 7: Yeah, I just think it was a bad day for

260
00:11:54,160 --> 00:11:54,560
Speaker 7: sir Ben.

261
00:11:54,840 --> 00:11:57,280
Speaker 4: Piney, do you think that we need to have this

262
00:11:57,320 --> 00:11:59,800
Speaker 4: conversation about bringing the America's Cup back to New Zealand?

263
00:12:00,080 --> 00:12:01,080
Speaker 4: Has the ship sailed?

264
00:12:02,000 --> 00:12:02,480
Speaker 7: Its sailed?

265
00:12:02,720 --> 00:12:03,520
Speaker 4: It has, hasn't it?

266
00:12:03,600 --> 00:12:04,600
Speaker 7: Yeah?

267
00:12:05,240 --> 00:12:07,559
Speaker 8: I just we yarned about the schest at our on

268
00:12:07,600 --> 00:12:09,400
Speaker 8: weekend Sport. I just can't see it heither. I'd love

269
00:12:09,400 --> 00:12:11,319
Speaker 8: to see it, of course if if it was in

270
00:12:11,360 --> 00:12:13,000
Speaker 8: Auckland at the home. I mean, there'll be thousands and

271
00:12:13,040 --> 00:12:15,360
Speaker 8: thousands and thousands of people loving it, you know. Holdly

272
00:12:15,440 --> 00:12:16,600
Speaker 8: you go with what I'm at a harbor, but no,

273
00:12:16,640 --> 00:12:17,480
Speaker 8: I just can't see it.

274
00:12:17,559 --> 00:12:19,280
Speaker 4: Yeah, I'm with you, Piney, thank you so much. Thanks

275
00:12:19,320 --> 00:12:21,079
Speaker 4: for your enthusiasm. By the way, at the start, that's

276
00:12:21,120 --> 00:12:23,240
Speaker 4: Chase and pine It's like it it's like when you

277
00:12:23,280 --> 00:12:25,840
Speaker 4: come home to your dog, Hey, and the dog's excited,

278
00:12:25,960 --> 00:12:29,319
Speaker 4: or your two year old three options now Piney the

279
00:12:29,360 --> 00:12:31,760
Speaker 4: dog or the two year old sports talk host. By

280
00:12:31,800 --> 00:12:33,360
Speaker 4: the way, he'll be back at seven o'clock this evening.

281
00:12:33,520 --> 00:12:35,160
Speaker 4: I think what's happened, by the way here with my

282
00:12:35,200 --> 00:12:37,480
Speaker 4: privileges on the computer, is that actually they've taken them

283
00:12:37,520 --> 00:12:39,079
Speaker 4: away from the boys ahead of me, because this is

284
00:12:39,120 --> 00:12:42,760
Speaker 4: the first day that I'm following in after Matt and Tyler,

285
00:12:43,080 --> 00:12:45,599
Speaker 4: and things have changed. Things have changed since Matt and

286
00:12:45,679 --> 00:12:47,440
Speaker 4: Tyler have been here, and I think what they've done

287
00:12:47,480 --> 00:12:50,000
Speaker 4: is they've just taken all the privileges of actually having

288
00:12:50,040 --> 00:12:52,599
Speaker 4: the ability to play from your computer out to the

289
00:12:52,720 --> 00:12:54,960
Speaker 4: nation away from those boys, which means that it has

290
00:12:55,000 --> 00:12:58,120
Speaker 4: also unfortunately affected me, so we will have to change them.

291
00:12:58,600 --> 00:13:00,320
Speaker 4: They're ruining my life. We're going to have to change

292
00:13:00,320 --> 00:13:01,800
Speaker 4: some things around him as a result of that, So

293
00:13:01,800 --> 00:13:04,480
Speaker 4: I apologize for that stuffer. Hither the current government are

294
00:13:04,520 --> 00:13:06,880
Speaker 4: doing well, but the way that the fairy saga has

295
00:13:06,880 --> 00:13:08,800
Speaker 4: played out has been a total cock up, canceling the

296
00:13:08,800 --> 00:13:11,440
Speaker 4: contract rather than looking at downsizing and leveraging the existing

297
00:13:11,440 --> 00:13:15,079
Speaker 4: contractor's madness, we will never get new fairies at the price. Ever, again,

298
00:13:15,080 --> 00:13:17,439
Speaker 4: it's state Highway on water and tourism relies on them.

299
00:13:17,880 --> 00:13:21,000
Speaker 4: I think that's fair. I also think that's one of

300
00:13:21,000 --> 00:13:23,679
Speaker 4: the side effects of moving as fast as they are,

301
00:13:24,120 --> 00:13:25,600
Speaker 4: bad decisions sometimes are taken.

302
00:13:25,640 --> 00:13:30,000
Speaker 2: For twenty three, digging deeper into the day's headlines, it's

303
00:13:30,080 --> 00:13:33,800
Speaker 2: hither duper clan drive with one new Zealand let's get

304
00:13:33,840 --> 00:13:35,000
Speaker 2: connected and new stalks.

305
00:13:35,040 --> 00:13:37,559
Speaker 4: That'd be twenty five. Chris Luxon at the moments just

306
00:13:37,600 --> 00:13:40,280
Speaker 4: holding his post cabinet press conference. He's just announced that

307
00:13:40,320 --> 00:13:42,440
Speaker 4: Sir Brian Roach is going to be the new Public

308
00:13:42,480 --> 00:13:43,520
Speaker 4: Services Commissioner.

309
00:13:43,920 --> 00:13:45,959
Speaker 11: Well, I'm really pleased we've been able to secure someone

310
00:13:45,960 --> 00:13:48,520
Speaker 11: of his caliber, so they actually hit the ground running

311
00:13:48,520 --> 00:13:50,720
Speaker 11: on day one. But both Nicola and my message to

312
00:13:50,760 --> 00:13:53,480
Speaker 11: him is that we want to see improved performance from

313
00:13:53,520 --> 00:13:55,560
Speaker 11: the public service. We want to see obviously the delivery

314
00:13:55,559 --> 00:13:58,720
Speaker 11: of the government's goals and targets, but importantly, we also

315
00:13:58,760 --> 00:14:00,960
Speaker 11: want to see the development of the next generation of

316
00:14:01,000 --> 00:14:04,280
Speaker 11: talent within the public service. We have incredible public servants

317
00:14:04,320 --> 00:14:05,960
Speaker 11: and we want to make sure that we're developing that

318
00:14:06,040 --> 00:14:09,160
Speaker 11: next rung of talent that will be the future CEOs

319
00:14:09,200 --> 00:14:10,880
Speaker 11: of these organizations in the years to come.

320
00:14:11,320 --> 00:14:13,400
Speaker 4: Uh And there he hints at the problem with bringing

321
00:14:13,440 --> 00:14:16,040
Speaker 4: Sir Brian Roach into the I think Brian Roach may

322
00:14:16,080 --> 00:14:17,880
Speaker 4: well be the right guy to do this job. They've

323
00:14:17,880 --> 00:14:20,920
Speaker 4: been trying, basically, been trying to convince him for months

324
00:14:20,960 --> 00:14:23,000
Speaker 4: now to take the job. It's been the biggest open

325
00:14:23,080 --> 00:14:25,960
Speaker 4: secret in Wellington. But the problem that they've got is

326
00:14:25,960 --> 00:14:28,240
Speaker 4: what Chris Luxon just hinted at is that the public

327
00:14:28,320 --> 00:14:31,360
Speaker 4: sector they're like any organization, right, they expect one of

328
00:14:31,400 --> 00:14:33,960
Speaker 4: their own to be promoted into the big job. And

329
00:14:34,040 --> 00:14:36,200
Speaker 4: instead what's happened is the government's gun for hire has

330
00:14:36,240 --> 00:14:38,520
Speaker 4: just been brought in, chopping into the role and dump

331
00:14:38,600 --> 00:14:41,240
Speaker 4: there so they will be Oh and it's not as if,

332
00:14:41,280 --> 00:14:43,280
Speaker 4: you know, like the government can't really afford to have

333
00:14:43,360 --> 00:14:46,600
Speaker 4: the public sector anymore offside with them than they already are.

334
00:14:47,120 --> 00:14:50,400
Speaker 4: But anyway, whatever I mean, if anybody's capable of doing

335
00:14:50,400 --> 00:14:51,960
Speaker 4: the job, I'm sure he is. And who really cares

336
00:14:52,000 --> 00:14:54,880
Speaker 4: what the public servants think at the moment? Hardly flavor

337
00:14:54,920 --> 00:14:57,760
Speaker 4: of the month are they anyway? Barry soaper On that

338
00:14:57,800 --> 00:15:00,320
Speaker 4: when he's with us shortly God and I'm already getting

339
00:15:00,320 --> 00:15:03,960
Speaker 4: texts on this another banking boss calling for more taxes.

340
00:15:04,040 --> 00:15:08,680
Speaker 4: This is Victoria Short, the ASB chief executive. She's we

341
00:15:08,720 --> 00:15:10,800
Speaker 4: obviously had the A and Z boss recently saying she

342
00:15:10,880 --> 00:15:14,400
Speaker 4: wants the CGT now. Now, Victoria Short from ASB says,

343
00:15:14,400 --> 00:15:16,200
Speaker 4: it doesn't really matter what tax. We just need to

344
00:15:16,240 --> 00:15:19,080
Speaker 4: pay more tax because we need to build infrastructure in

345
00:15:19,120 --> 00:15:21,840
Speaker 4: this country, because she was paying more tax in Australia

346
00:15:21,880 --> 00:15:25,120
Speaker 4: and so if Australia does it, it must be awesome. Not

347
00:15:25,160 --> 00:15:28,440
Speaker 4: really keen, I personally feel like we could. Why don't

348
00:15:28,440 --> 00:15:30,480
Speaker 4: we try some PPPs have a bit of private money

349
00:15:30,480 --> 00:15:33,520
Speaker 4: come and build the infrastructure, not us, But anyway, we're

350
00:15:33,520 --> 00:15:35,120
Speaker 4: going to talk about that later on. Just get you

351
00:15:35,160 --> 00:15:36,680
Speaker 4: some of it across some of the texts coming and

352
00:15:36,680 --> 00:15:37,680
Speaker 4: already headlines.

353
00:15:37,720 --> 00:15:38,600
Speaker 6: Next, the.

354
00:15:43,600 --> 00:15:47,640
Speaker 2: Day's newsmakers talk to Heather first, Heather duple c Allen

355
00:15:47,800 --> 00:15:51,080
Speaker 2: drive with One New Zealand let's get connected and news

356
00:15:51,120 --> 00:15:51,880
Speaker 2: talk z B.

357
00:15:57,320 --> 00:16:05,920
Speaker 4: Down Bread still barrisocas to us and ten minutes Oliver

358
00:16:05,960 --> 00:16:08,280
Speaker 4: Peterson is standing by. If you haven't seen what the

359
00:16:08,320 --> 00:16:12,400
Speaker 4: Film Commission has been doing with its money, made a manner,

360
00:16:12,800 --> 00:16:13,720
Speaker 4: you don't want to see this.

361
00:16:14,080 --> 00:16:14,560
Speaker 8: It flew.

362
00:16:14,920 --> 00:16:17,520
Speaker 4: Look, when you work in the news business, it takes

363
00:16:17,560 --> 00:16:20,520
Speaker 4: a lot to shock you because you're constantly getting shocked

364
00:16:20,520 --> 00:16:22,840
Speaker 4: by stupid stuff. This really shocked me, so stand by.

365
00:16:22,840 --> 00:16:25,280
Speaker 4: I'll give you that detail. Shortly, the government is a

366
00:16:25,320 --> 00:16:27,160
Speaker 4: little bit worried by the way about what's going on

367
00:16:27,200 --> 00:16:29,560
Speaker 4: with our diesel reserves. Of all the things, that's the

368
00:16:29,560 --> 00:16:32,360
Speaker 4: thing that they are concerned about. There was legislation that

369
00:16:32,400 --> 00:16:35,160
Speaker 4: was passed by the previous government that mandated that from

370
00:16:35,400 --> 00:16:38,760
Speaker 4: first January next year, importers of fuel would be required

371
00:16:38,800 --> 00:16:40,520
Speaker 4: to hold a certain amount, So it'd be twenty eight

372
00:16:40,600 --> 00:16:43,280
Speaker 4: days worth of cover for petrol, twenty four days worth

373
00:16:43,280 --> 00:16:45,000
Speaker 4: of cover for a jet fuel and twenty one days

374
00:16:45,000 --> 00:16:47,520
Speaker 4: for diesel. And Shane Jones isn't sure that that's enough,

375
00:16:47,520 --> 00:16:49,400
Speaker 4: and he may want to increase it to twenty eight

376
00:16:49,760 --> 00:16:51,600
Speaker 4: from three weeks to four weeks for the diesel. We

377
00:16:51,720 --> 00:16:53,960
Speaker 4: have a chat to Transport in New Zealand ten past

378
00:16:53,960 --> 00:16:55,840
Speaker 4: five and just see why that's so important. It's twenty

379
00:16:55,880 --> 00:16:56,680
Speaker 4: four away from five.

380
00:16:57,240 --> 00:16:59,760
Speaker 1: It's the world wires on Newstalks.

381
00:17:00,840 --> 00:17:03,160
Speaker 4: Police say that the man arrested outside a Trump rally

382
00:17:03,200 --> 00:17:06,280
Speaker 4: in California was planning to kill Donald Trump. Las Vegas

383
00:17:06,359 --> 00:17:09,440
Speaker 4: man them Miller was arrested at a checkpoint near the

384
00:17:09,520 --> 00:17:11,800
Speaker 4: rally carrying a loaded shotgun, a handgun and a high

385
00:17:11,840 --> 00:17:13,640
Speaker 4: capacity magazine. Here's the local sheriff.

386
00:17:14,640 --> 00:17:20,120
Speaker 12: The deputy eventually found multiple passports with multiple names, multiple

387
00:17:20,200 --> 00:17:25,280
Speaker 12: driver's license with different names. The vehicle was unregistered and

388
00:17:25,440 --> 00:17:29,280
Speaker 12: the license plate was what we in law enforcement would

389
00:17:29,359 --> 00:17:32,520
Speaker 12: recognize as one that is homemade.

390
00:17:33,080 --> 00:17:35,600
Speaker 4: SpaceX has managed to throw a rocket up into space

391
00:17:35,640 --> 00:17:37,719
Speaker 4: and catch it on the way back down. It's actually

392
00:17:37,760 --> 00:17:40,200
Speaker 4: impressive when you see the video. The rocket boosters. What

393
00:17:40,280 --> 00:17:43,040
Speaker 4: happens is they usually separate from the spacecraft during launch,

394
00:17:43,240 --> 00:17:45,840
Speaker 4: then they crashed into the ocean somewhere. But the booster

395
00:17:45,880 --> 00:17:48,800
Speaker 4: from SpaceX a Starship launch flew itself back to the

396
00:17:48,840 --> 00:17:50,719
Speaker 4: launch pad early this morning and it was caught by

397
00:17:50,720 --> 00:17:53,280
Speaker 4: some robotic arms attached to the launch tower, kind of

398
00:17:53,320 --> 00:17:57,200
Speaker 4: like being pincered by two chopsticks. OURS Technical Senior Space

399
00:17:57,320 --> 00:17:59,840
Speaker 4: editor Eric Burgess says this tech will allow SpaceX to

400
00:17:59,840 --> 00:18:02,360
Speaker 4: get more than one use out of its rocket boosters.

401
00:18:02,560 --> 00:18:03,160
Speaker 7: In work today.

402
00:18:03,280 --> 00:18:04,960
Speaker 13: The first time it was incredible, and the idea is

403
00:18:05,000 --> 00:18:07,600
Speaker 13: then that you can just basically take the rock, CAN'DI

404
00:18:07,640 --> 00:18:09,760
Speaker 13: leaver it and lower it back down onto the orbital

405
00:18:09,840 --> 00:18:13,359
Speaker 13: mount the launched from, refurnish it, refuel it, and then

406
00:18:13,440 --> 00:18:15,639
Speaker 13: launch again. So it really is a critical step if

407
00:18:15,680 --> 00:18:17,440
Speaker 13: you want to get to rapidly usable.

408
00:18:17,240 --> 00:18:23,399
Speaker 4: And finally a woman from China has pleaded guilty to

409
00:18:23,520 --> 00:18:28,200
Speaker 4: trying to smuggle twenty nine turtles into Canada on a kayak.

410
00:18:28,440 --> 00:18:30,840
Speaker 4: As if that story wasn't good enough, the kayak features

411
00:18:30,880 --> 00:18:33,000
Speaker 4: as well. The woman was caught red handed by the

412
00:18:33,080 --> 00:18:35,160
Speaker 4: US Border Patrol with a duffel bag full of twenty

413
00:18:35,240 --> 00:18:38,119
Speaker 4: nine re box turtles and an inflatable kayak that she

414
00:18:38,160 --> 00:18:40,639
Speaker 4: was planning to paddle across a lake that straddles the

415
00:18:40,720 --> 00:18:43,520
Speaker 4: US Canada border. Law enforcement went through her phone and

416
00:18:43,560 --> 00:18:45,399
Speaker 4: found that she was actually planning to sell the turtles

417
00:18:45,440 --> 00:18:47,239
Speaker 4: in Hong Kong, where they are in high demand. They

418
00:18:47,240 --> 00:18:49,560
Speaker 4: can go for as much as sixteen hundred New Zealand dollars.

419
00:18:49,600 --> 00:18:53,960
Speaker 2: A pop International correspondence with ends and eye insurance, Peace

420
00:18:53,960 --> 00:18:55,479
Speaker 2: of mind for New Zealand business.

421
00:18:55,920 --> 00:18:58,520
Speaker 4: Olli Peterson sixty hour pers life presents with us OLLI

422
00:18:58,600 --> 00:19:02,040
Speaker 4: Hello are you there, Olie?

423
00:19:02,680 --> 00:19:02,840
Speaker 14: Yeah?

424
00:19:03,200 --> 00:19:04,040
Speaker 4: I got and clear.

425
00:19:04,119 --> 00:19:04,480
Speaker 10: Can you hear me?

426
00:19:04,560 --> 00:19:04,720
Speaker 15: Yeah?

427
00:19:04,720 --> 00:19:07,200
Speaker 4: I can hear you now? Good to hear your dolcet tones.

428
00:19:07,200 --> 00:19:10,720
Speaker 4: They may listen. So the calls for these speeding finds

429
00:19:10,720 --> 00:19:12,640
Speaker 4: to be based on income, right, this is not new.

430
00:19:12,800 --> 00:19:13,520
Speaker 4: What's brought it up?

431
00:19:13,560 --> 00:19:13,919
Speaker 10: Now?

432
00:19:14,600 --> 00:19:17,119
Speaker 15: Well, you know we're the nation of a fair go header,

433
00:19:17,320 --> 00:19:19,399
Speaker 15: you know' that's what Australia is all about. And the

434
00:19:19,440 --> 00:19:21,920
Speaker 15: thing called the Australia Institute, which is a left wing

435
00:19:22,000 --> 00:19:24,359
Speaker 15: think tank, has decided that it's just not fair that,

436
00:19:24,400 --> 00:19:27,200
Speaker 15: you know, two hundred bucks to a low income earner

437
00:19:27,280 --> 00:19:29,760
Speaker 15: who might be on the doll having to fork that

438
00:19:29,840 --> 00:19:33,160
Speaker 15: out because they've broken a speeding law versus the billionaire

439
00:19:33,680 --> 00:19:35,600
Speaker 15: who you know, two hundred bucks might just be a

440
00:19:35,640 --> 00:19:36,359
Speaker 15: drop in the ocean.

441
00:19:36,400 --> 00:19:37,359
Speaker 10: They're looking towards.

442
00:19:37,400 --> 00:19:40,200
Speaker 15: I think it's Finland, where there was recently a bloke

443
00:19:40,200 --> 00:19:44,040
Speaker 15: who was fined two hundred thousand dollars for going thirty

444
00:19:44,119 --> 00:19:46,439
Speaker 15: k's above the speed limit because he was driving his

445
00:19:46,600 --> 00:19:50,400
Speaker 15: very fast European manufactured car and he obviously didn't care.

446
00:19:50,480 --> 00:19:53,040
Speaker 15: But they're indicating that this is, you know, we'll start

447
00:19:53,040 --> 00:19:55,639
Speaker 15: to provide a bit more of an equitable situation and

448
00:19:55,680 --> 00:19:57,560
Speaker 15: it might start to bring down the road tile.

449
00:19:58,320 --> 00:19:59,200
Speaker 10: Look, I'm not so sure.

450
00:19:59,760 --> 00:20:01,720
Speaker 15: I I'm not saying don't do it, but I just

451
00:20:01,760 --> 00:20:03,480
Speaker 15: think that there's probably other ways to try and bring

452
00:20:03,520 --> 00:20:06,600
Speaker 15: down the road tole than pegging the fine to somebody's

453
00:20:06,800 --> 00:20:07,720
Speaker 15: so somebody's wealth.

454
00:20:07,800 --> 00:20:10,200
Speaker 4: Do you not have a system like we have here

455
00:20:10,240 --> 00:20:12,679
Speaker 4: where we get a phone, but we also get demerit points,

456
00:20:12,840 --> 00:20:15,720
Speaker 4: and when you rack up a certain number of demerit points,

457
00:20:15,720 --> 00:20:16,600
Speaker 4: you lose your license.

458
00:20:17,240 --> 00:20:18,719
Speaker 10: Yeah, correct, we have the same system.

459
00:20:18,920 --> 00:20:21,800
Speaker 15: But in Wa obviously where I live these days, I

460
00:20:21,840 --> 00:20:26,400
Speaker 15: think they're really quite generous, where basically, if the speed

461
00:20:26,400 --> 00:20:29,359
Speaker 15: limits sixty k's an hour, you can travel at seventy

462
00:20:29,440 --> 00:20:31,639
Speaker 15: k's an hour before the demerits start kicking in. So

463
00:20:31,760 --> 00:20:34,480
Speaker 15: naturally everybody drives at seventy k's an hour because they're

464
00:20:34,520 --> 00:20:36,359
Speaker 15: risking a hundred dollars fine. Whereas if you live in

465
00:20:36,400 --> 00:20:39,320
Speaker 15: Sydney or Melbourne, if you're caught doing say sixty three

466
00:20:39,320 --> 00:20:41,640
Speaker 15: and a sixty zone, demerits start kicking in, So.

467
00:20:42,280 --> 00:20:43,240
Speaker 10: I'd look at it that way.

468
00:20:43,280 --> 00:20:45,639
Speaker 15: But yeah, you get twelve demerits and then all of

469
00:20:45,680 --> 00:20:46,600
Speaker 15: a sudden, if you don't have it, you.

470
00:20:46,640 --> 00:20:49,280
Speaker 4: Don't feel disincentive, right, I mean, you've got a billionaire

471
00:20:49,359 --> 00:20:51,600
Speaker 4: and they often I know people who do this because

472
00:20:51,640 --> 00:20:53,800
Speaker 4: they're so low that they don't really care about what

473
00:20:53,840 --> 00:20:56,560
Speaker 4: the costs of breaking the law. But when they face

474
00:20:56,760 --> 00:20:59,120
Speaker 4: the possibility of losing their license, like every single one

475
00:20:59,119 --> 00:21:00,320
Speaker 4: of us, that's the equal there.

476
00:21:00,320 --> 00:21:03,080
Speaker 10: Isn't it. Of course, absolutely, and maybe that's it.

477
00:21:03,119 --> 00:21:05,520
Speaker 15: You know, we have double the merit weekends obviously around

478
00:21:05,560 --> 00:21:07,480
Speaker 15: holidays and the like, so the chances, you know, losing

479
00:21:07,560 --> 00:21:09,679
Speaker 15: two points might go to four. Maybe you need that

480
00:21:09,720 --> 00:21:12,080
Speaker 15: permanently because the risk, as you save, losing your license

481
00:21:12,119 --> 00:21:14,240
Speaker 15: is more severe than perhaps the fonts exactly.

482
00:21:14,440 --> 00:21:16,479
Speaker 4: Hey, has NAB got a problem with drinking?

483
00:21:17,119 --> 00:21:18,040
Speaker 10: Well, they reckon, they do.

484
00:21:19,160 --> 00:21:21,439
Speaker 15: They're quite a you know, they've still got that interesting

485
00:21:21,480 --> 00:21:23,320
Speaker 15: culture which look a lot of companies do where they

486
00:21:23,400 --> 00:21:26,120
Speaker 15: have midweek drinks and you know, after work drinks when

487
00:21:26,119 --> 00:21:28,600
Speaker 15: deals have gone through and know a few beers are

488
00:21:28,600 --> 00:21:30,679
Speaker 15: open in the office. So look, they're calling on a

489
00:21:30,680 --> 00:21:33,359
Speaker 15: booze band and they want to organize this by Christmas.

490
00:21:33,800 --> 00:21:35,160
Speaker 15: And they're not the only bank to do it coming

491
00:21:35,160 --> 00:21:36,640
Speaker 15: with bank? Does I think the A and Z Bank

492
00:21:36,680 --> 00:21:38,520
Speaker 15: does it here as well. I mean, look, there's two

493
00:21:38,520 --> 00:21:40,600
Speaker 15: sides to this, right. One, it's obviously a cost saving

494
00:21:40,640 --> 00:21:42,600
Speaker 15: exercise from the companies if they're going to be putting

495
00:21:42,640 --> 00:21:46,520
Speaker 15: on drinks for staff regularly. But two, they're saying that yes,

496
00:21:46,640 --> 00:21:50,800
Speaker 15: it's created some antisocial behavior and obviously some human resources

497
00:21:50,840 --> 00:21:54,440
Speaker 15: issues amongst colleagues. Because Grog's in, Truth's out and who

498
00:21:54,440 --> 00:21:56,000
Speaker 15: knows what else is out at that stage.

499
00:21:56,080 --> 00:21:58,439
Speaker 10: So look, it's funny, isn't it. I was reflecting on

500
00:21:58,480 --> 00:21:59,680
Speaker 10: it at our company this year.

501
00:22:00,080 --> 00:22:01,639
Speaker 15: We've gone from the trend of having it, you know,

502
00:22:01,680 --> 00:22:04,919
Speaker 15: a Friday or Saturday night Christmas party to a Thursday

503
00:22:05,000 --> 00:22:07,600
Speaker 15: night Christmas party. And a lot of people in the

504
00:22:07,600 --> 00:22:10,560
Speaker 15: office say, well, that's just an Australian heather because you

505
00:22:10,600 --> 00:22:11,920
Speaker 15: can't go out and have a good night and they're

506
00:22:11,920 --> 00:22:13,399
Speaker 15: going to rock up to work the next day or

507
00:22:13,400 --> 00:22:15,439
Speaker 15: are we all taking a you know, an ardo on

508
00:22:15,480 --> 00:22:18,080
Speaker 15: the Friday but you know one again, it's bringing costs down,

509
00:22:18,160 --> 00:22:19,840
Speaker 15: isn't it, from the company's point of view, And they

510
00:22:20,160 --> 00:22:21,800
Speaker 15: want us to turn up to work on a Friday.

511
00:22:22,119 --> 00:22:24,840
Speaker 4: Yeah, I think there's some benefit in actually having a

512
00:22:24,880 --> 00:22:27,280
Speaker 4: tipple with your colleagues, and I think we're losing it.

513
00:22:27,920 --> 00:22:30,240
Speaker 4: But anyway, what if are too busy to care anyway?

514
00:22:30,840 --> 00:22:31,199
Speaker 13: You know what?

515
00:22:31,280 --> 00:22:31,920
Speaker 6: Do you know what I mean?

516
00:22:32,480 --> 00:22:34,240
Speaker 4: Like when you've got little kids, you're like, you go

517
00:22:34,320 --> 00:22:38,080
Speaker 4: out and booze everybody else. I'm just yeah, I'm planning

518
00:22:38,080 --> 00:22:39,480
Speaker 4: to wake up tomorrow to.

519
00:22:39,440 --> 00:22:41,560
Speaker 15: Start correct and I'll be waking up at five o'clock

520
00:22:41,560 --> 00:22:44,040
Speaker 15: tomorrow morning. Regardless if I have one beer or five

521
00:22:44,080 --> 00:22:46,320
Speaker 15: beers or five hundred beers, because he's still waking up

522
00:22:46,320 --> 00:22:47,000
Speaker 15: at five am.

523
00:22:47,400 --> 00:22:51,400
Speaker 4: S mate, Hey listen, So Scomo's got himself another job

524
00:22:51,440 --> 00:22:52,800
Speaker 4: as he's joining the space race.

525
00:22:53,560 --> 00:22:56,440
Speaker 10: Yeah, that's right. It's called Space Australia.

526
00:22:56,480 --> 00:22:58,480
Speaker 15: I think he's the name of the organization or space

527
00:22:58,520 --> 00:23:02,240
Speaker 15: Center Australian who are ambitiously trying to launch rockets out

528
00:23:02,240 --> 00:23:05,760
Speaker 15: of Cape York in Northern Queensland. Look, I'm not trying

529
00:23:05,760 --> 00:23:08,680
Speaker 15: to sound pessimistic, but I would be very surprised if

530
00:23:08,680 --> 00:23:10,879
Speaker 15: they ever launched a rocket out of Cape York in

531
00:23:11,359 --> 00:23:13,879
Speaker 15: fin North Queensland. Maybe you know the timing of the

532
00:23:13,920 --> 00:23:16,359
Speaker 15: announcement as well, when were just talking about Elon Musk

533
00:23:16,359 --> 00:23:19,080
Speaker 15: in the World Wise and those pictures are spectacular catching

534
00:23:19,119 --> 00:23:21,919
Speaker 15: that rocket. I know Australia wants to be involved in

535
00:23:21,920 --> 00:23:24,399
Speaker 15: this space tase and I think that's fantastic. But you know,

536
00:23:24,480 --> 00:23:27,239
Speaker 15: launching rockets out of Australia is one thing. I think

537
00:23:27,280 --> 00:23:28,600
Speaker 15: it's a little bit pie in the sky.

538
00:23:28,880 --> 00:23:31,520
Speaker 4: Being well, you never know, you could catch up. We're

539
00:23:31,560 --> 00:23:33,440
Speaker 4: doing it already, so maybe you can join us. Hey, Ollie,

540
00:23:33,480 --> 00:23:36,520
Speaker 4: thank you, look after yourself. Oliver Peterson six PR Perth

541
00:23:36,600 --> 00:23:39,520
Speaker 4: Live presenter. Hither, it's all very good for a multimillion

542
00:23:39,560 --> 00:23:41,520
Speaker 4: dollar bank CEO to say we should all be paying

543
00:23:41,520 --> 00:23:43,240
Speaker 4: more tax. I'm a pensioner with the debt free home

544
00:23:43,280 --> 00:23:45,520
Speaker 4: that I worked hard to pay off by retirement. The

545
00:23:45,720 --> 00:23:48,040
Speaker 4: huge increases in rates and insurance in the last couple

546
00:23:48,040 --> 00:23:50,240
Speaker 4: of years has made budgeting difficult. Here the why don't

547
00:23:50,240 --> 00:23:52,560
Speaker 4: you ask Robin Oliver if an increased tax rate for

548
00:23:52,600 --> 00:23:56,520
Speaker 4: financial institutes would cause any significant issues. There are quite

549
00:23:56,560 --> 00:23:58,639
Speaker 4: a few people along these lines texting to say that

550
00:23:58,680 --> 00:24:00,280
Speaker 4: maybe the tax that we need is a is a

551
00:24:00,320 --> 00:24:03,800
Speaker 4: tax on banks, seeing as the banks are so keen

552
00:24:04,160 --> 00:24:06,520
Speaker 4: for us to get more taxing. Hither, we don't need

553
00:24:06,560 --> 00:24:07,879
Speaker 4: to pay more tax. You've only got to look at

554
00:24:07,880 --> 00:24:11,399
Speaker 4: what Ashburton's spending its money on the new library. Twenty

555
00:24:11,440 --> 00:24:14,159
Speaker 4: thousand people are paying for a sixty two million dollar building.

556
00:24:14,400 --> 00:24:17,640
Speaker 4: That's three thousand dollars per person. That's basically that's an

557
00:24:17,760 --> 00:24:19,880
Speaker 4: entire years worth of rights. Vash Burton, it's madness. It's

558
00:24:19,880 --> 00:24:23,520
Speaker 4: basically the argument, if you increase your taxes, just increase

559
00:24:23,560 --> 00:24:25,960
Speaker 4: the opportunity for people spending that money to spend it

560
00:24:26,000 --> 00:24:28,159
Speaker 4: on stupid stuff. Anyway, we are going to talk to

561
00:24:28,240 --> 00:24:30,200
Speaker 4: Robin Oliver. He'll be with us after hup US five.

562
00:24:30,640 --> 00:24:32,320
Speaker 4: And the question I've got it for him actually is

563
00:24:32,359 --> 00:24:35,560
Speaker 4: why why are these banking ladies all of a sudden

564
00:24:35,640 --> 00:24:38,880
Speaker 4: just so keen for us to pay? What's going on?

565
00:24:39,359 --> 00:24:41,760
Speaker 4: Is this a personal branding thing for them? We're like, look,

566
00:24:42,480 --> 00:24:45,119
Speaker 4: get on the right side of history, right call for

567
00:24:45,200 --> 00:24:49,280
Speaker 4: more taxes? Or do they really really believe it could

568
00:24:49,280 --> 00:24:51,280
Speaker 4: be either or so we'll ask him about that. Barry

569
00:24:51,280 --> 00:24:52,640
Speaker 4: Soaper is next sixteen away from.

570
00:24:52,560 --> 00:24:56,200
Speaker 2: Five Politics with Centrics credit check your customers and get

571
00:24:56,200 --> 00:24:57,040
Speaker 2: payments certainty.

572
00:24:57,160 --> 00:25:00,480
Speaker 4: Barry Sooper, senior political correspondence with US. So, Barry, what

573
00:25:00,560 --> 00:25:01,000
Speaker 4: a surprise.

574
00:25:01,080 --> 00:25:05,560
Speaker 3: Brian Roach, Well, his name has been mentioned around so

575
00:25:05,640 --> 00:25:08,640
Speaker 3: often that months. Brian Roach really has been the go

576
00:25:08,720 --> 00:25:13,119
Speaker 3: to person for successive governments going right back to Jim Bolger's.

577
00:25:13,200 --> 00:25:16,680
Speaker 3: So he's been around for time and memorial basically, and

578
00:25:17,560 --> 00:25:20,719
Speaker 3: you know he's been a senior public servant. So I

579
00:25:20,720 --> 00:25:24,120
Speaker 3: guess he's the right man for the job. Only time

580
00:25:24,119 --> 00:25:27,239
Speaker 3: will tell on that. But it's really the role is

581
00:25:27,400 --> 00:25:30,360
Speaker 3: I mean, it's not a really public role. The role

582
00:25:30,480 --> 00:25:34,800
Speaker 3: is more about appointing other chief executives in the public service.

583
00:25:34,920 --> 00:25:37,760
Speaker 3: So you know it's neither head nor there really.

584
00:25:37,880 --> 00:25:40,679
Speaker 4: Okay, one year on from the election, right, how do

585
00:25:40,760 --> 00:25:42,560
Speaker 4: you think this government is tracking.

586
00:25:42,359 --> 00:25:45,080
Speaker 3: Well to year on today? Which is interesting, isn't it

587
00:25:45,160 --> 00:25:47,440
Speaker 3: was the fourteenth of October last year that they had

588
00:25:47,440 --> 00:25:51,720
Speaker 3: the general election. Well, if you look at polls, I mean,

589
00:25:51,760 --> 00:25:54,639
Speaker 3: this government is very low polling. If you look at

590
00:25:54,640 --> 00:25:59,920
Speaker 3: the the Courier Taxpayers poll out last Friday, National drop

591
00:26:00,160 --> 00:26:03,800
Speaker 3: four percent down to thirty four percent or thirty five percent.

592
00:26:04,400 --> 00:26:07,600
Speaker 3: Label went up three point six percent to thirty percent,

593
00:26:07,640 --> 00:26:13,359
Speaker 3: which is pretty extraordinary. And Christopher Luckson's own rating is

594
00:26:13,560 --> 00:26:16,680
Speaker 3: very low at just under twenty eight percent and Hipkins

595
00:26:16,720 --> 00:26:20,560
Speaker 3: on seventeen percent. So this government, though, as I've said

596
00:26:20,560 --> 00:26:24,080
Speaker 3: many times on this program, Heather, has really had a

597
00:26:24,119 --> 00:26:27,520
Speaker 3: baptism of fire. There's been no let up for the government.

598
00:26:27,520 --> 00:26:32,320
Speaker 3: They've taken over from the Labor Party unbridled power and

599
00:26:32,680 --> 00:26:35,720
Speaker 3: spending like drunken sailors, and they have to come in

600
00:26:35,760 --> 00:26:38,200
Speaker 3: and try and clean that up. And you know, when

601
00:26:38,200 --> 00:26:42,280
Speaker 3: you see all the media concentrating on for example, yesterday

602
00:26:42,280 --> 00:26:46,920
Speaker 3: at the New Zealand First Conference, about four protesters turned out,

603
00:26:47,240 --> 00:26:50,919
Speaker 3: they got all the publicity. One hundred billion dollar fund

604
00:26:51,080 --> 00:26:55,440
Speaker 3: Investment Fund really got not much play at all. Then

605
00:26:55,480 --> 00:27:01,040
Speaker 3: you had Chris Luxin making a offered on a sale

606
00:27:01,040 --> 00:27:04,119
Speaker 3: of his apartment in Wellington before going to live in

607
00:27:04,600 --> 00:27:10,400
Speaker 3: and Premiere House. Then you've got the protest against the

608
00:27:10,440 --> 00:27:14,880
Speaker 3: government's decision concerning the redevelopment of Dunedin Hospital thirty five

609
00:27:14,920 --> 00:27:18,919
Speaker 3: thousand people turned out then, and the progression of the

610
00:27:19,000 --> 00:27:22,840
Speaker 3: fast track legislation. So the government's doing a lot, but

611
00:27:22,920 --> 00:27:26,000
Speaker 3: it's getting hammered for it. And I'll tell you what though.

612
00:27:26,800 --> 00:27:30,040
Speaker 3: The Valerian poll it came out this morning and it's

613
00:27:30,080 --> 00:27:32,399
Speaker 3: going to be capitalized on. This was a taste for

614
00:27:32,440 --> 00:27:36,080
Speaker 3: this morning. Tvns'll have one out at six o'clock that

615
00:27:36,119 --> 00:27:39,399
Speaker 3: showed that thirty percent believed the country is in better

616
00:27:39,440 --> 00:27:43,000
Speaker 3: shape than a year ago. Forty percent, however, believe it's

617
00:27:43,000 --> 00:27:45,439
Speaker 3: heading in the wrong direction. And just to put a

618
00:27:45,480 --> 00:27:49,720
Speaker 3: positive spin on it, Chris Luckson said things are progressing

619
00:27:49,800 --> 00:27:50,600
Speaker 3: the way they.

620
00:27:50,520 --> 00:27:52,760
Speaker 11: Should when now seeing signs that our plan is working

621
00:27:53,119 --> 00:27:56,639
Speaker 11: with financial discipline and place interest rates are falling, food

622
00:27:56,640 --> 00:28:01,919
Speaker 11: inflation remains low, business confidence has resenveicuantly, and forecasts suggest

623
00:28:01,960 --> 00:28:04,760
Speaker 11: that inflation is set to keep falling when the latest.

624
00:28:04,560 --> 00:28:06,080
Speaker 1: Data is released this week.

625
00:28:06,280 --> 00:28:08,719
Speaker 11: I know, however, it is still tough for many Kiwis

626
00:28:08,760 --> 00:28:10,359
Speaker 11: out there, and there is so much more for us

627
00:28:10,440 --> 00:28:12,560
Speaker 11: to do. We certainly aren't out of the woods yet.

628
00:28:13,080 --> 00:28:15,399
Speaker 3: So you know, that's the positive spin on.

629
00:28:15,640 --> 00:28:17,240
Speaker 4: They're not going to lift in the polls until the

630
00:28:17,240 --> 00:28:18,040
Speaker 4: economy improves.

631
00:28:18,480 --> 00:28:19,480
Speaker 3: I agree with you.

632
00:28:19,720 --> 00:28:21,560
Speaker 4: And even when they lift in the polls, they will

633
00:28:21,600 --> 00:28:24,280
Speaker 4: never poll. And certainly the National Party component of the

634
00:28:24,280 --> 00:28:27,040
Speaker 4: coalition government will never poll at the heights of John Key,

635
00:28:27,040 --> 00:28:27,359
Speaker 4: will they?

636
00:28:27,520 --> 00:28:27,560
Speaker 1: No?

637
00:28:28,160 --> 00:28:28,440
Speaker 4: Never?

638
00:28:28,600 --> 00:28:31,159
Speaker 3: I mean, I look to John Key's rating personal rating

639
00:28:31,440 --> 00:28:33,680
Speaker 3: about this time out from the two thousand and eight

640
00:28:33,680 --> 00:28:36,480
Speaker 3: election is about sixty five percent. Yeah, you know, I mean,

641
00:28:36,600 --> 00:28:38,080
Speaker 3: You're never going to see figures like that.

642
00:28:38,480 --> 00:28:41,160
Speaker 4: He's pretty extraordinary. Hey, who's the former mayor calling for

643
00:28:41,160 --> 00:28:43,240
Speaker 4: a Crown observer to be installed for Wellington City.

644
00:28:43,080 --> 00:28:44,200
Speaker 7: Country Karry Prindergast?

645
00:28:44,280 --> 00:28:44,560
Speaker 4: Does she?

646
00:28:44,880 --> 00:28:45,240
Speaker 3: Yes?

647
00:28:45,400 --> 00:28:45,680
Speaker 4: Why?

648
00:28:46,320 --> 00:28:51,920
Speaker 3: Well, she's saying that, look, left unchecked, this council is

649
00:28:51,960 --> 00:28:55,480
Speaker 3: going to see rate rises like Wellington has probably never

650
00:28:55,560 --> 00:29:00,560
Speaker 3: experienced before. Yeah, she said. The typical Wellington Resis's rate

651
00:29:00,640 --> 00:29:04,480
Speaker 3: bill will be three thousand more expensive by twenty twenty eight.

652
00:29:04,520 --> 00:29:07,360
Speaker 3: That's tweet three thousand per house.

653
00:29:07,440 --> 00:29:09,520
Speaker 4: But is she arguing that that is because of poor

654
00:29:09,560 --> 00:29:12,560
Speaker 4: financial decisions being made by the council, Because if it's inevitable,

655
00:29:12,600 --> 00:29:14,040
Speaker 4: like if you've got to pay for the pipes, you've

656
00:29:14,040 --> 00:29:14,840
Speaker 4: got to pay for the pipes.

657
00:29:15,320 --> 00:29:19,240
Speaker 3: But you've got a mayor hell bent on saying things publicly,

658
00:29:19,280 --> 00:29:22,960
Speaker 3: as she did on newstalk Z'B and Wellington this morning. Yeah,

659
00:29:23,080 --> 00:29:25,960
Speaker 3: I mean, you know, saying that non negotiable, which is

660
00:29:26,040 --> 00:29:29,040
Speaker 3: crap because she's got one vote at the council table.

661
00:29:30,200 --> 00:29:34,040
Speaker 3: Non negotiable is that golden mile? For goodness sake, all

662
00:29:34,080 --> 00:29:36,680
Speaker 3: the businesses there say it's going to put them out

663
00:29:36,680 --> 00:29:41,120
Speaker 3: of business, But no, she wants a legacy herself.

664
00:29:40,680 --> 00:29:43,920
Speaker 4: Kerry Prendergast. She's a woman with a lot of money.

665
00:29:44,000 --> 00:29:45,880
Speaker 4: She wouldn't say this kind of stuff unless there's a

666
00:29:45,880 --> 00:29:47,840
Speaker 4: reason for it. Is she a stalking horse for the

667
00:29:47,920 --> 00:29:50,640
Speaker 4: National Party? Well, you know, because you know she's tight

668
00:29:50,680 --> 00:29:54,040
Speaker 4: with Nikola willis some good so yes? So, because the

669
00:29:54,120 --> 00:29:56,760
Speaker 4: Nats have not said that the government has not said yet,

670
00:29:56,840 --> 00:29:59,720
Speaker 4: it's not indicated absolutely that it's prepared to put some

671
00:29:59,800 --> 00:30:02,239
Speaker 4: into mention into Wellington City Council. But this is how

672
00:30:02,280 --> 00:30:04,440
Speaker 4: you roll something like this out. You send somebody out

673
00:30:04,440 --> 00:30:06,120
Speaker 4: as a stalking horse to say it's a good idea,

674
00:30:06,120 --> 00:30:07,520
Speaker 4: and then it starts starts getting.

675
00:30:07,920 --> 00:30:11,320
Speaker 3: That's always a possible I hope. So yeah, well so,

676
00:30:11,840 --> 00:30:15,280
Speaker 3: I mean they do an observer because to me, Torri

677
00:30:15,400 --> 00:30:19,480
Speaker 3: Fanale is actually driving that city into the ground. I mean,

678
00:30:19,800 --> 00:30:23,440
Speaker 3: who needs all the cycle ways that she's hell bent

679
00:30:23,600 --> 00:30:26,760
Speaker 3: on building barry in the city for hundreds of millions.

680
00:30:26,760 --> 00:30:29,440
Speaker 4: Like the bicycle she said, so as popular with people

681
00:30:29,440 --> 00:30:32,160
Speaker 4: who liked a bicycle. Yeah, well yeah, well.

682
00:30:32,680 --> 00:30:35,560
Speaker 3: In Wellington you could see a few people like to buke,

683
00:30:35,680 --> 00:30:38,760
Speaker 3: but certainly the majority I climb on buses and get

684
00:30:38,800 --> 00:30:39,200
Speaker 3: me cart.

685
00:30:39,560 --> 00:30:41,440
Speaker 4: Very thank you, very much, really appreciate it, very Soper,

686
00:30:41,480 --> 00:30:44,040
Speaker 4: Senior political correspondent. Actually on Tory, let's deal with that

687
00:30:44,080 --> 00:30:45,320
Speaker 4: next seven away from five.

688
00:30:46,600 --> 00:30:50,920
Speaker 2: Putting the tough questions to the newspeakers, some Mike asking breakfast.

689
00:30:50,600 --> 00:30:53,960
Speaker 16: More foreign investment into this country, particularly for infrastructure.

690
00:30:54,000 --> 00:30:55,600
Speaker 3: It's a policy in New Zealand. First we'll take to

691
00:30:55,680 --> 00:30:58,120
Speaker 3: the next election. Apparently Leader Winston Peters as with us.

692
00:30:58,440 --> 00:31:00,200
Speaker 17: They want the question to answered. While would we come

693
00:31:00,200 --> 00:31:02,560
Speaker 17: to museum and we have over a long period of times,

694
00:31:02,560 --> 00:31:04,280
Speaker 17: failed to answer that question, why would I pick this

695
00:31:04,360 --> 00:31:06,400
Speaker 17: zion over another country? And we have failed to answer

696
00:31:06,440 --> 00:31:08,280
Speaker 17: that question called degg it up the decade. It's because

697
00:31:08,280 --> 00:31:10,920
Speaker 17: Flee's disappointing. We need to answer that question. Now, what

698
00:31:11,080 --> 00:31:12,520
Speaker 17: is the answer when you're going to say, if you

699
00:31:12,560 --> 00:31:13,960
Speaker 17: come to this country, then you're going to get an

700
00:31:13,960 --> 00:31:15,800
Speaker 17: ad finance at you as will match the best in

701
00:31:15,840 --> 00:31:16,240
Speaker 17: the world.

702
00:31:16,320 --> 00:31:17,360
Speaker 6: Your taxation will.

703
00:31:17,200 --> 00:31:20,360
Speaker 17: Be substantially lower than it would have been in another country,

704
00:31:20,400 --> 00:31:22,720
Speaker 17: and therefore this will be a wise country to invest.

705
00:31:22,760 --> 00:31:26,360
Speaker 17: And Ireland Singapore Dinner Taiwan? Did it back tomorrow at

706
00:31:26,400 --> 00:31:28,960
Speaker 17: six am the Mike Hosking Breakfast with the Rain drove

707
00:31:29,040 --> 00:31:30,040
Speaker 17: of the lah News.

708
00:31:29,880 --> 00:31:31,000
Speaker 18: Talk z B. Right.

709
00:31:31,040 --> 00:31:33,560
Speaker 4: Okay, so Tory and Wellington has done. You don't need

710
00:31:33,640 --> 00:31:35,640
Speaker 4: you know who Tory in Wellington is. Right, We're down

711
00:31:35,640 --> 00:31:38,880
Speaker 4: to first names only. Tory and Wellington's done. Another interview

712
00:31:39,200 --> 00:31:42,280
Speaker 4: and once again Tory has left us confused. So she

713
00:31:42,400 --> 00:31:45,280
Speaker 4: was talking to Nick Mills, who hosts Wellington Mornings, about

714
00:31:45,280 --> 00:31:48,840
Speaker 4: how she lost the airport shares sale last week on Thursday,

715
00:31:48,880 --> 00:31:50,240
Speaker 4: which means now the council is going to have to

716
00:31:50,240 --> 00:31:52,200
Speaker 4: find potentially hundreds of millions of dollars to fill that

717
00:31:52,240 --> 00:31:56,160
Speaker 4: particular hole. And Nick asked her if she could maybe

718
00:31:56,240 --> 00:31:59,320
Speaker 4: plug that gap by not selling the airport shares but

719
00:31:59,400 --> 00:32:02,440
Speaker 4: instead by selling social housing, and she's like, yep.

720
00:32:02,880 --> 00:32:05,680
Speaker 19: You could possibly, under one of these plans sell your

721
00:32:05,680 --> 00:32:06,360
Speaker 19: social housing.

722
00:32:06,560 --> 00:32:08,520
Speaker 20: It might be it's not what I want to do,

723
00:32:09,240 --> 00:32:12,680
Speaker 20: but as I said, everything's on the table now, and.

724
00:32:12,640 --> 00:32:14,520
Speaker 4: She really meant that, because a minute later she said

725
00:32:14,520 --> 00:32:14,880
Speaker 4: it again.

726
00:32:15,080 --> 00:32:17,240
Speaker 20: Well, like I say, there's everything's going to be on

727
00:32:17,280 --> 00:32:20,080
Speaker 20: the table, including that I would prefer not to sell

728
00:32:20,680 --> 00:32:22,200
Speaker 20: our homes for our most vulnerable.

729
00:32:22,680 --> 00:32:25,200
Speaker 4: But then she changed her mind.

730
00:32:25,600 --> 00:32:28,200
Speaker 19: If all things turned to custard, you were prepared to

731
00:32:28,240 --> 00:32:31,320
Speaker 19: sell the social housing, but if all things turn to custard,

732
00:32:31,360 --> 00:32:33,400
Speaker 19: you're not prepared to stop on the golden mile.

733
00:32:33,520 --> 00:32:35,920
Speaker 20: I am currently not prepared to sell our social housing.

734
00:32:37,240 --> 00:32:39,240
Speaker 4: Okay, so it's on the table, but now we're not

735
00:32:39,240 --> 00:32:41,400
Speaker 4: prepared to what. I don't really know either, do you

736
00:32:41,400 --> 00:32:43,760
Speaker 4: know what? So that's obviously like was a bottom line what?

737
00:32:43,920 --> 00:32:45,800
Speaker 4: Maybe I don't know. Maybe it's not. Maybe it's a

738
00:32:45,840 --> 00:32:48,200
Speaker 4: bottom line, maybe it's not. What is a bottom line

739
00:32:48,840 --> 00:32:52,160
Speaker 4: is upgrading the Golden Mile and banning the cars and

740
00:32:52,160 --> 00:32:54,560
Speaker 4: doing stupid stuff there. She is absolutely not going to

741
00:32:54,600 --> 00:32:55,520
Speaker 4: back down on it.

742
00:32:56,160 --> 00:33:00,000
Speaker 20: Because I believe in these transformative projects. I am sorry

743
00:33:00,080 --> 00:33:03,040
Speaker 20: that businesses have suffered as a result, but this is

744
00:33:03,080 --> 00:33:05,440
Speaker 20: what changes like. It does create a bit of a division,

745
00:33:05,640 --> 00:33:07,920
Speaker 20: but wanted to finish. People wonder why we didn't do

746
00:33:07,960 --> 00:33:08,400
Speaker 20: it sooner.

747
00:33:09,240 --> 00:33:11,720
Speaker 4: Retail New Zealand. I heard that this morning. I thought,

748
00:33:12,600 --> 00:33:14,360
Speaker 4: you're not Business is not going to love you after

749
00:33:14,400 --> 00:33:16,520
Speaker 4: this because that like you care about that that's the

750
00:33:16,520 --> 00:33:18,680
Speaker 4: thing you care about is stuffing up the businesses. Retail

751
00:33:18,680 --> 00:33:20,960
Speaker 4: New Zealand, Hospitality New Zealand and the Bus and Coach

752
00:33:21,000 --> 00:33:24,120
Speaker 4: Association have banded together to put pressure on the Council

753
00:33:24,160 --> 00:33:27,840
Speaker 4: to undo this decision. They're with us in twenty minutes.

754
00:33:31,600 --> 00:33:34,800
Speaker 2: The only drive show you can trust to ask the questions,

755
00:33:34,880 --> 00:33:38,480
Speaker 2: get the answers by the facts and give the analysis.

756
00:33:38,720 --> 00:33:42,240
Speaker 2: Heather d to Celand Drive with One New Zealand, Let's

757
00:33:42,320 --> 00:33:43,960
Speaker 2: get connected and news talk as.

758
00:33:43,880 --> 00:33:44,320
Speaker 1: They'd be.

759
00:33:47,160 --> 00:33:49,880
Speaker 4: Good afternoon. Today is exactly one year on from the

760
00:33:49,920 --> 00:33:51,960
Speaker 4: election and a poll shows that we're split on whether

761
00:33:52,000 --> 00:33:54,640
Speaker 4: the country is better or worse off. The latest One

762
00:33:54,680 --> 00:33:56,920
Speaker 4: News variant Pole shows forty percent of us think the

763
00:33:56,920 --> 00:33:59,160
Speaker 4: country's in worse shape than it was before the election,

764
00:33:59,480 --> 00:34:02,120
Speaker 4: thirty percent think it's better in twenty six percent says

765
00:34:02,200 --> 00:34:05,160
Speaker 4: say that there's no difference. Political commentator and former mpp

766
00:34:05,320 --> 00:34:08,439
Speaker 4: HA donners with me. Now, hey, Pisa, Hi he Well, now, Peter,

767
00:34:08,520 --> 00:34:10,960
Speaker 4: are you reading this as a realistic assessment of the

768
00:34:11,000 --> 00:34:12,880
Speaker 4: shape of the country, the shape that the country is

769
00:34:12,880 --> 00:34:15,000
Speaker 4: in it's obviously got worse than the last year, or

770
00:34:15,520 --> 00:34:17,359
Speaker 4: do you see this as a reflection of how people

771
00:34:17,440 --> 00:34:18,960
Speaker 4: perceive the government's performance.

772
00:34:19,760 --> 00:34:22,000
Speaker 16: Well, I'd go slightly for the former, although it's a

773
00:34:22,000 --> 00:34:23,960
Speaker 16: little bit of both. I think there are two factors

774
00:34:23,960 --> 00:34:27,040
Speaker 16: at play here. It's probably an accurate assessment of how

775
00:34:27,120 --> 00:34:31,680
Speaker 16: people feel, but it's not necessarily an accurate assessment of

776
00:34:31,719 --> 00:34:34,120
Speaker 16: how they would vote in an election. If you look

777
00:34:34,160 --> 00:34:36,959
Speaker 16: at all of the polls and average them out over

778
00:34:37,000 --> 00:34:41,960
Speaker 16: the last year, the coalition still retains about US six

779
00:34:42,040 --> 00:34:44,840
Speaker 16: to eight percent lead over the opposition, which would be

780
00:34:44,920 --> 00:34:46,800
Speaker 16: enough to see it back in government with a reasonably

781
00:34:46,840 --> 00:34:48,880
Speaker 16: good majority. So I think there's a little bit of

782
00:34:48,880 --> 00:34:52,400
Speaker 16: both at play here. People are not unhappy, wanting to

783
00:34:52,400 --> 00:34:55,160
Speaker 16: see better, but don't really want to make a change

784
00:34:55,160 --> 00:34:56,040
Speaker 16: at this point.

785
00:34:55,880 --> 00:34:57,800
Speaker 4: Given how grumpy we got with the last lot, just

786
00:34:57,840 --> 00:35:01,799
Speaker 4: Cinda and Chippy l prize that the coalition government isn't

787
00:35:01,840 --> 00:35:05,080
Speaker 4: polling much higher? Are you no?

788
00:35:05,160 --> 00:35:06,880
Speaker 16: Because I think what's happened is that there was a

789
00:35:06,880 --> 00:35:10,520
Speaker 16: climate of expectation after the last government. This government's come

790
00:35:10,560 --> 00:35:12,480
Speaker 16: in said there are a lot of problems we've got

791
00:35:12,520 --> 00:35:14,439
Speaker 16: to resolve. There's going to be paying the short term

792
00:35:14,480 --> 00:35:16,480
Speaker 16: before we get any long term game. I know we've

793
00:35:16,480 --> 00:35:18,799
Speaker 16: heard that over many years and many governments, and I

794
00:35:18,800 --> 00:35:20,920
Speaker 16: think what people are doing is working their way through that.

795
00:35:21,400 --> 00:35:24,480
Speaker 16: So I don't think they're giving them the high credit

796
00:35:24,680 --> 00:35:26,960
Speaker 16: that the government right feel it deserves. I think also

797
00:35:27,280 --> 00:35:30,359
Speaker 16: you've got to remember that when National came in, it

798
00:35:30,400 --> 00:35:33,080
Speaker 16: came in with thirty eight percent of the vote. That's

799
00:35:33,120 --> 00:35:35,640
Speaker 16: the lowest of an incoming government for a long time.

800
00:35:35,719 --> 00:35:37,640
Speaker 16: So there's not a great reservoir.

801
00:35:37,160 --> 00:35:38,200
Speaker 7: Of support there for them.

802
00:35:38,200 --> 00:35:41,040
Speaker 16: The fact that they're still polling thirty six thirty seven

803
00:35:41,080 --> 00:35:44,720
Speaker 16: percent shows that they've managed to retain most of their support.

804
00:35:44,840 --> 00:35:48,160
Speaker 16: But the big message moving forward is they've got to

805
00:35:48,200 --> 00:35:51,080
Speaker 16: grow that vote significantly to win the next election.

806
00:35:51,280 --> 00:35:52,640
Speaker 4: How do you think they're going in terms of what

807
00:35:52,680 --> 00:35:53,479
Speaker 4: they're actually doing.

808
00:35:54,560 --> 00:35:57,280
Speaker 16: Oh, they would tick off most of their policy achievements.

809
00:35:57,280 --> 00:36:00,560
Speaker 16: I think the quarterly you know, the court reports have

810
00:36:00,640 --> 00:36:03,759
Speaker 16: been a good way of measuring that they've made some

811
00:36:03,800 --> 00:36:06,880
Speaker 16: tough choices, They've implemented policies. I think the coalition has

812
00:36:06,920 --> 00:36:10,400
Speaker 16: worked cohesively. None of that, of course, necessarily rates into

813
00:36:10,440 --> 00:36:13,040
Speaker 16: popular support. But the government is doing what it said

814
00:36:13,040 --> 00:36:15,840
Speaker 16: it was going to do. And I knowe Christopher Luxon's

815
00:36:15,840 --> 00:36:18,760
Speaker 16: comments last week that he doesn't care about the polls.

816
00:36:18,800 --> 00:36:21,400
Speaker 16: He says, I just want to deliver for New Zealanders

817
00:36:21,400 --> 00:36:24,319
Speaker 16: and the key is my job is to demonstrate in

818
00:36:24,360 --> 00:36:26,560
Speaker 16: twenty twenty six that the country's in better hands, in

819
00:36:26,560 --> 00:36:28,600
Speaker 16: a better place. That's his challenge.

820
00:36:28,800 --> 00:36:30,440
Speaker 4: Peter, always love having you on the show. Thank you

821
00:36:30,480 --> 00:36:34,919
Speaker 4: so much. Peter done. Political commentator. Heither duplessy Ellen governor,

822
00:36:35,000 --> 00:36:38,480
Speaker 4: pears to be worried about the country's diesel reserves. Currently, importers,

823
00:36:38,600 --> 00:36:40,200
Speaker 4: at least from the start of next year will have

824
00:36:40,239 --> 00:36:42,720
Speaker 4: to hold a minimum of twenty one day's worth of diesel,

825
00:36:43,120 --> 00:36:46,120
Speaker 4: but Shane Jones, the Resource Minister, now wants that increased

826
00:36:46,160 --> 00:36:49,680
Speaker 4: to twenty eight days. Transporting New Zealand Interim Chief executive

827
00:36:49,680 --> 00:36:51,399
Speaker 4: Don Calassie is with us now.

828
00:36:51,280 --> 00:36:54,120
Speaker 21: Hey, Dom, good evening, Heather.

829
00:36:54,239 --> 00:36:56,160
Speaker 4: It's obviously not the only fuel that we store in

830
00:36:56,160 --> 00:36:57,800
Speaker 4: the country. So why they're worried about diesel?

831
00:37:00,160 --> 00:37:03,759
Speaker 21: I think Shane Jones point is that given diesels and

832
00:37:03,840 --> 00:37:06,160
Speaker 21: needs of trucks that get all the goods and freights

833
00:37:06,200 --> 00:37:08,759
Speaker 21: of people when they need it, that that's the most

834
00:37:08,760 --> 00:37:09,560
Speaker 21: important thing to have.

835
00:37:10,520 --> 00:37:12,239
Speaker 4: Okay, So if we bumped it up from three weeks

836
00:37:12,239 --> 00:37:16,839
Speaker 4: to four weeks, would we have the storage capacity?

837
00:37:17,000 --> 00:37:20,840
Speaker 21: Look, I believe the fuel coats are looking into that.

838
00:37:21,040 --> 00:37:23,839
Speaker 21: I'm not sure you know that question for them other

839
00:37:24,000 --> 00:37:24,600
Speaker 21: than us.

840
00:37:25,200 --> 00:37:28,000
Speaker 4: He's also this is Shane Jones also considering regulations to

841
00:37:28,080 --> 00:37:32,120
Speaker 4: mandate keeping enough jet fuel near Auckland Airport. Are we

842
00:37:32,200 --> 00:37:33,920
Speaker 4: still not keeping enough near the airport?

843
00:37:36,760 --> 00:37:36,880
Speaker 17: Uh?

844
00:37:37,600 --> 00:37:40,000
Speaker 21: Look again, sorry, I can't answer that. That would be

845
00:37:40,000 --> 00:37:43,000
Speaker 21: sort of for the airlines to answer. But what I

846
00:37:43,040 --> 00:37:46,840
Speaker 21: do know, because I would z for over a dozen years,

847
00:37:47,480 --> 00:37:53,759
Speaker 21: was that there are other resilience planes that come into

848
00:37:53,800 --> 00:37:56,400
Speaker 21: play if there's a short of jet. You know, planes

849
00:37:56,480 --> 00:38:00,200
Speaker 21: can I mean that's inconvenient, but planes can read just

850
00:38:00,480 --> 00:38:03,839
Speaker 21: feel scheduled so they fill it. Are other important pro

851
00:38:04,000 --> 00:38:06,640
Speaker 21: either before coming here or even when they leaned here.

852
00:38:06,840 --> 00:38:09,399
Speaker 4: Yeah, I mean that's a burdery stuff, isn't it. Yeah, Don,

853
00:38:09,480 --> 00:38:12,640
Speaker 4: thank you really appreciated this. Don Carlassi transporting New Zealand

854
00:38:12,640 --> 00:38:14,799
Speaker 4: Interim Chief Executive do.

855
00:38:14,960 --> 00:38:16,399
Speaker 1: For c Ellen Heather.

856
00:38:16,480 --> 00:38:18,719
Speaker 4: We need to hear more from mister Luxana, much less

857
00:38:18,719 --> 00:38:20,600
Speaker 4: from the two small parties who only got a small

858
00:38:20,600 --> 00:38:22,040
Speaker 4: share of the vote. That's I mean, look, that is

859
00:38:22,040 --> 00:38:24,080
Speaker 4: a fair assessment of what's going on here as well.

860
00:38:24,080 --> 00:38:26,160
Speaker 4: It's the first time that we've had a proper coalition government,

861
00:38:26,200 --> 00:38:28,439
Speaker 4: a like a proper proper one where you haven't got

862
00:38:28,440 --> 00:38:30,920
Speaker 4: like one gigantic party like John Key had a gigantic

863
00:38:31,000 --> 00:38:33,600
Speaker 4: National Party and couple of minots tagged on. This is

864
00:38:33,640 --> 00:38:36,280
Speaker 4: a much more even kind of spread of the vote,

865
00:38:36,280 --> 00:38:37,480
Speaker 4: and so you're going to hear a lot more from

866
00:38:37,480 --> 00:38:39,200
Speaker 4: the two little guys and it's drowning out than that's

867
00:38:39,200 --> 00:38:41,560
Speaker 4: possibly now. I told you I needed to talk to

868
00:38:41,560 --> 00:38:46,440
Speaker 4: you about the Film Commission. The Film Commission flew four

869
00:38:46,480 --> 00:38:50,160
Speaker 4: staff members to France for the Cahn Film Market for

870
00:38:50,239 --> 00:38:54,600
Speaker 4: two weeks. Four staff members two weeks in France. How

871
00:38:54,640 --> 00:38:57,080
Speaker 4: much could that possibly cost? How much could it possibly

872
00:38:57,160 --> 00:39:01,120
Speaker 4: cost to go to France? For four people for two weeks,

873
00:39:01,760 --> 00:39:05,360
Speaker 4: one hundred and forty five thousand dollars. Hello what yes, yes,

874
00:39:06,320 --> 00:39:10,440
Speaker 4: like the most beautiful middle of the range European car.

875
00:39:10,600 --> 00:39:13,840
Speaker 4: You got brand new one hundred and forty five thousand dollars.

876
00:39:14,080 --> 00:39:16,399
Speaker 4: We can thank the Taxpayers Union for digging this one

877
00:39:16,400 --> 00:39:19,279
Speaker 4: out under the Official Information Act request. I appreciate it

878
00:39:19,320 --> 00:39:21,160
Speaker 4: because I like to have my mind blown by what

879
00:39:21,200 --> 00:39:24,000
Speaker 4: the film commissioner is doing. Work this out. Okay, if

880
00:39:24,080 --> 00:39:26,399
Speaker 4: you split that up for every one of those people,

881
00:39:26,440 --> 00:39:29,080
Speaker 4: so the four people two weeks, one of them for

882
00:39:29,120 --> 00:39:32,200
Speaker 4: two weeks, it costs thirty six thousand dollars. So one

883
00:39:32,239 --> 00:39:34,759
Speaker 4: of those dudes going to France for two weeks is

884
00:39:34,800 --> 00:39:36,600
Speaker 4: thirty six thousand dollars. When was the last time you

885
00:39:36,640 --> 00:39:39,640
Speaker 4: went on holiday and blew just a cool thirty six

886
00:39:39,680 --> 00:39:43,040
Speaker 4: thousand dollars just on yourself, not your family, just you

887
00:39:43,600 --> 00:39:46,799
Speaker 4: for two weeks, one week, eighteen thousand dollars. You ever

888
00:39:46,840 --> 00:39:49,280
Speaker 4: had a holiday for a week for eighteen No? Me, neither,

889
00:39:49,680 --> 00:39:53,280
Speaker 4: I haven't. Every single day they were blowing two thousand,

890
00:39:53,320 --> 00:39:56,120
Speaker 4: six hundred dollars like confetti, just like it. That's how

891
00:39:56,160 --> 00:39:59,360
Speaker 4: much money. So the accommodation was twenty four thousand dollars.

892
00:40:00,000 --> 00:40:02,399
Speaker 4: I was twenty one. Twitter was rounded up twenty two

893
00:40:02,400 --> 00:40:06,080
Speaker 4: thousand dollars, and the food and drink twenty five thousand dollars.

894
00:40:06,120 --> 00:40:09,040
Speaker 4: I worked that out every single day, every one of

895
00:40:09,040 --> 00:40:12,800
Speaker 4: their meals. Right that per person, they were spending four

896
00:40:12,880 --> 00:40:16,719
Speaker 4: hundred and thirty eight dollars on meals. What are you

897
00:40:16,840 --> 00:40:17,960
Speaker 4: eating for?

898
00:40:18,600 --> 00:40:18,880
Speaker 22: What?

899
00:40:18,920 --> 00:40:19,400
Speaker 23: How is it?

900
00:40:19,719 --> 00:40:19,799
Speaker 3: Like?

901
00:40:19,920 --> 00:40:22,279
Speaker 4: Okay, if a breakfast is fifty bucks, and I mean

902
00:40:22,320 --> 00:40:24,480
Speaker 4: like that's an expensive breakfast. I had a sixty dollar

903
00:40:24,560 --> 00:40:27,799
Speaker 4: breakfast in Singapore. I thought that was outrageous. So let's

904
00:40:27,800 --> 00:40:30,200
Speaker 4: say your breakfast is fifty bucks. So now we're down

905
00:40:30,200 --> 00:40:33,200
Speaker 4: to three ninety. Then let's say your lunch is I

906
00:40:33,239 --> 00:40:35,160
Speaker 4: mean you're going out for a quick snack right because

907
00:40:35,160 --> 00:40:39,880
Speaker 4: you're working at Carn, aren't you. So your lunch is

908
00:40:40,000 --> 00:40:45,000
Speaker 4: like thirty bucks for like really pricey, really pricey sushi.

909
00:40:45,120 --> 00:40:47,560
Speaker 4: Let's just say so, now we're down to four three sixty,

910
00:40:48,560 --> 00:40:51,239
Speaker 4: you're spending three sixty on dinner? What are you having?

911
00:40:51,880 --> 00:40:51,960
Speaker 21: Ye?

912
00:40:52,640 --> 00:40:54,879
Speaker 4: Are you going top shelf get in caviat every night?

913
00:40:55,239 --> 00:40:56,080
Speaker 4: What's going on?

914
00:40:56,480 --> 00:40:56,640
Speaker 3: Now?

915
00:40:56,680 --> 00:40:59,320
Speaker 4: I don't mind the film commission going to Carn because

916
00:40:59,320 --> 00:41:01,160
Speaker 4: that's part of the job that God had got. It's

917
00:41:01,200 --> 00:41:03,400
Speaker 4: it's what, it's how much they are spending. This is

918
00:41:03,440 --> 00:41:07,680
Speaker 4: the same lot who spent seventy three thousand dollars last

919
00:41:07,760 --> 00:41:12,200
Speaker 4: year at the film Festival. I feel like there's a

920
00:41:12,239 --> 00:41:16,440
Speaker 4: strong case to just defund the film Commission, or maybe

921
00:41:17,200 --> 00:41:21,440
Speaker 4: just ask them to rain in the spending quarter past. Hey,

922
00:41:21,480 --> 00:41:24,759
Speaker 4: are you struggling to hear in noisy social situations? If

923
00:41:24,800 --> 00:41:26,759
Speaker 4: you are ready to hear more than ever before, then

924
00:41:26,800 --> 00:41:29,080
Speaker 4: you need to listen up. Trite and Hearing is excited

925
00:41:29,120 --> 00:41:32,839
Speaker 4: to introduce the brand new Faux Nac Infinio Sphere, which

926
00:41:32,880 --> 00:41:35,960
Speaker 4: is available now at Triton Hearing Clinics nationwide. There are

927
00:41:36,000 --> 00:41:38,920
Speaker 4: no other hearing devices currently available in the country that

928
00:41:39,040 --> 00:41:41,680
Speaker 4: compare to the performance of the Sphere when it comes

929
00:41:41,680 --> 00:41:43,680
Speaker 4: to the background noise, which is the important stuff, and

930
00:41:43,760 --> 00:41:45,239
Speaker 4: the question, of course is how does it work so

931
00:41:45,320 --> 00:41:48,760
Speaker 4: well well? This revolutionary hearing device features the world's first

932
00:41:48,880 --> 00:41:52,160
Speaker 4: dedicated AI powered chip. This is designed to give you

933
00:41:52,280 --> 00:41:55,560
Speaker 4: crystal clear sound from every direction, no more straining to hear,

934
00:41:55,960 --> 00:41:59,400
Speaker 4: and with seamless connectivity at twice the distance, staying connected

935
00:41:59,400 --> 00:42:01,640
Speaker 4: with hands free calls or streaming your favorite radio show

936
00:42:01,640 --> 00:42:03,920
Speaker 4: has never been easier. How good is that? And you

937
00:42:03,960 --> 00:42:06,600
Speaker 4: can trust in Swiss engineering, can't you for a reliability

938
00:42:06,640 --> 00:42:09,480
Speaker 4: that's second to none? If you're curious, give it a

939
00:42:09,520 --> 00:42:12,880
Speaker 4: go for free. Call Triton Hearing on eight hundred forty

940
00:42:12,880 --> 00:42:15,880
Speaker 4: five forty five forty two to book your free demo

941
00:42:15,960 --> 00:42:19,200
Speaker 4: of the new faux Neck Infineosphere to hear the difference

942
00:42:19,239 --> 00:42:23,800
Speaker 4: yourself Ever Duz nineteen past five, Now listen In Wellington,

943
00:42:23,800 --> 00:42:26,120
Speaker 4: the opposition against the constant roadworks has just gone up

944
00:42:26,160 --> 00:42:29,120
Speaker 4: a notch. Retail New Zealand, Hospitality New Zealand and the

945
00:42:29,120 --> 00:42:32,360
Speaker 4: Bus and Coach Association have banded together the calling on

946
00:42:32,440 --> 00:42:35,680
Speaker 4: the Council to stop the plans to develop the Golden Mile.

947
00:42:35,760 --> 00:42:38,560
Speaker 4: Carolyn Young is the chief executive at Retail New Zealand.

948
00:42:38,600 --> 00:42:41,400
Speaker 4: Hey Carolyn, how's it going good? Thank you?

949
00:42:41,440 --> 00:42:41,600
Speaker 2: Now?

950
00:42:41,680 --> 00:42:43,680
Speaker 4: Is this because Tory was on the radio here on

951
00:42:43,719 --> 00:42:46,080
Speaker 4: Newstalk Z'B this morning and said it's a bottom line

952
00:42:46,160 --> 00:42:46,799
Speaker 4: the Golden Mile.

953
00:42:48,520 --> 00:42:51,279
Speaker 23: No, it's not. We were talking about this last week,

954
00:42:51,440 --> 00:42:52,680
Speaker 23: you know. Obviously there was a lot of in the

955
00:42:52,719 --> 00:42:55,200
Speaker 23: media last week and of course the vote around the

956
00:42:56,760 --> 00:42:59,520
Speaker 23: airport Shears was taken on Tuesday and we felt it's

957
00:42:59,520 --> 00:43:02,600
Speaker 23: a really good opportunity for us to reiterate the need

958
00:43:02,640 --> 00:43:05,600
Speaker 23: to take stock, have a pause and consult whether around

959
00:43:05,600 --> 00:43:07,560
Speaker 23: what is the right thing we need to go forward.

960
00:43:07,640 --> 00:43:10,319
Speaker 4: When you heard her say this morning, then it's like

961
00:43:10,440 --> 00:43:12,440
Speaker 4: nothing else is the bottom line, but Golden Mile is

962
00:43:12,440 --> 00:43:13,760
Speaker 4: the bottom line. How did you feel?

963
00:43:15,080 --> 00:43:15,239
Speaker 6: Well?

964
00:43:15,280 --> 00:43:18,920
Speaker 23: Pretty disappointed really, because we know that the issues around

965
00:43:18,920 --> 00:43:21,800
Speaker 23: Thornton and Key are significant, that businesses have really struggled

966
00:43:21,800 --> 00:43:25,839
Speaker 23: and businesses are closing now taking the opportunity right now

967
00:43:25,880 --> 00:43:27,600
Speaker 23: to sit down and find out how this could be

968
00:43:27,640 --> 00:43:31,120
Speaker 23: done better and understanding the environment that businesses are trading

969
00:43:31,160 --> 00:43:36,080
Speaker 23: and right now it's an extremely difficult trading environment. Businesses

970
00:43:36,080 --> 00:43:38,719
Speaker 23: are struggling anyway. And then when you've got you know,

971
00:43:38,960 --> 00:43:43,440
Speaker 23: hundreds of meters of road cones and fences up in

972
00:43:43,440 --> 00:43:47,040
Speaker 23: front of your entrance, people don't know if you're open

973
00:43:47,160 --> 00:43:49,440
Speaker 23: or not open, there's no where to park, they're not

974
00:43:49,520 --> 00:43:51,840
Speaker 23: coming through, and all of the businesses down Thorn and

975
00:43:51,920 --> 00:43:55,280
Speaker 23: Key have really struggled. So it's really an opportunity to

976
00:43:55,320 --> 00:43:57,759
Speaker 23: stop and think, how could we do this better and

977
00:43:58,120 --> 00:44:00,160
Speaker 23: what parts of Thornton and Key do we need need

978
00:44:00,239 --> 00:44:02,600
Speaker 23: to complete as to the plan and what would be

979
00:44:02,640 --> 00:44:05,800
Speaker 23: better to think a little bit differently and then thinking

980
00:44:05,840 --> 00:44:09,120
Speaker 23: about Courtney Place. You know, actually do a little bit

981
00:44:09,120 --> 00:44:11,880
Speaker 23: more consultation with businesses. Don't rush in and try and

982
00:44:11,880 --> 00:44:15,040
Speaker 23: get it started early. Let's take our time. Understand.

983
00:44:15,640 --> 00:44:18,960
Speaker 4: Your problem is you're a real person operating in the

984
00:44:18,960 --> 00:44:21,960
Speaker 4: real world. They're not what They haven't listened to you,

985
00:44:22,000 --> 00:44:23,880
Speaker 4: Carolyn until now. Why are they going to listen to you?

986
00:44:25,160 --> 00:44:27,839
Speaker 23: Well, all we can do this. So there's three business associations,

987
00:44:27,880 --> 00:44:30,400
Speaker 23: so Hospitality New Zealand, Retail in New Zealand, and the

988
00:44:31,160 --> 00:44:34,279
Speaker 23: Bust and Approach Association. We're an agreement that more needs

989
00:44:34,320 --> 00:44:34,759
Speaker 23: to be done.

990
00:44:34,800 --> 00:44:37,239
Speaker 4: So basically, are you going to make them listen to

991
00:44:37,239 --> 00:44:38,799
Speaker 4: you by just harping at them?

992
00:44:40,200 --> 00:44:43,560
Speaker 23: Well? Putsure, we're hoping that we well we have regular

993
00:44:43,560 --> 00:44:46,080
Speaker 23: meetings with the council and we give them regular feedback,

994
00:44:46,120 --> 00:44:48,640
Speaker 23: and I'm not sure that we're being listening to. So,

995
00:44:48,960 --> 00:44:51,680
Speaker 23: you know, getting out and getting a bit more forward thinking,

996
00:44:52,080 --> 00:44:54,680
Speaker 23: a bit more media in front of it, hopefully we'll

997
00:44:54,719 --> 00:44:55,760
Speaker 23: get a little bit more traction.

998
00:44:56,080 --> 00:44:58,120
Speaker 4: Yeah, good, good luck. I really hope you guys actually

999
00:44:58,120 --> 00:45:00,560
Speaker 4: succeed with this. This seems like a really stupid idea. Carlylnd Young,

1000
00:45:00,760 --> 00:45:03,839
Speaker 4: chief executive at Retail New Zealand. Hither I'm paid well

1001
00:45:03,880 --> 00:45:06,399
Speaker 4: to travel the world for a multinational. My meal per

1002
00:45:06,440 --> 00:45:11,520
Speaker 4: dim per day is seventy dollars US. Come on, guys,

1003
00:45:13,560 --> 00:45:17,240
Speaker 4: what's that? What's what's seventy US nowadays? In New Zealand? Dollars?

1004
00:45:17,440 --> 00:45:19,640
Speaker 4: Is it like one hundreds? It'll be one hundred, one

1005
00:45:19,680 --> 00:45:23,680
Speaker 4: hundred and one hundred bits, isn't it one hundred and fourteen?

1006
00:45:24,160 --> 00:45:26,839
Speaker 4: All they blew that three times, didn't they? And more

1007
00:45:27,000 --> 00:45:32,520
Speaker 4: didn't they? And apparently apparently it's can not carn sorry

1008
00:45:32,560 --> 00:45:33,719
Speaker 4: five twenty two.

1009
00:45:34,040 --> 00:45:36,560
Speaker 2: The name you trust to get the answers you need

1010
00:45:36,760 --> 00:45:39,920
Speaker 2: have a duple c allan drive with one New Zealand.

1011
00:45:40,040 --> 00:45:42,319
Speaker 1: Let's get connected and news talks as they'd be.

1012
00:45:42,680 --> 00:45:45,040
Speaker 4: Yeah, they don't forget that breakfast is also included in

1013
00:45:45,080 --> 00:45:47,280
Speaker 4: the hotel booking. And also, by the way, the French

1014
00:45:47,320 --> 00:45:49,000
Speaker 4: don't even eat breakfast. They have like a piece of

1015
00:45:49,080 --> 00:45:52,480
Speaker 4: bread and some coffee. Right, there's what's that maximum twenty

1016
00:45:52,480 --> 00:45:55,279
Speaker 4: bucks New Zealand. So these people really had a great

1017
00:45:55,320 --> 00:45:58,319
Speaker 4: You're welcome film commission. Hope you enjoyed our money. During

1018
00:45:58,320 --> 00:46:01,040
Speaker 4: a recession five twenty five now listen. If you listen

1019
00:46:01,080 --> 00:46:02,880
Speaker 4: to this show regularly, you'll know that I think that

1020
00:46:03,000 --> 00:46:06,560
Speaker 4: Erica Stanford is the MVP, the most valuable player of

1021
00:46:06,600 --> 00:46:09,040
Speaker 4: the cabinet this year. But I read a book over

1022
00:46:09,120 --> 00:46:11,440
Speaker 4: my week's break that I just took that has actually

1023
00:46:11,440 --> 00:46:13,800
Speaker 4: made me upgrade her. She is no longer the MVP

1024
00:46:13,960 --> 00:46:16,960
Speaker 4: of this government. She is now the MVP of any government.

1025
00:46:17,080 --> 00:46:20,279
Speaker 4: And I don't know, pick a time frame, the last

1026
00:46:20,280 --> 00:46:23,640
Speaker 4: twenty years, whatever, She's my MVP of all time. The

1027
00:46:23,640 --> 00:46:25,720
Speaker 4: book that I read was the book The Anxious Generation

1028
00:46:25,760 --> 00:46:29,640
Speaker 4: by Jonathan Hate. Now, if you're a parent, if there's

1029
00:46:29,719 --> 00:46:31,920
Speaker 4: any advice you ever take from me, take this advice,

1030
00:46:32,239 --> 00:46:35,959
Speaker 4: read this book. Basically, Jonathan Hate explains that the reason

1031
00:46:36,000 --> 00:46:38,200
Speaker 4: that we have kids right now suddenly dealing with crazy

1032
00:46:38,239 --> 00:46:40,880
Speaker 4: levels of anxiety and depression like we've never seen before,

1033
00:46:41,040 --> 00:46:44,680
Speaker 4: is because of two things, smartphones and helicopter parenting. With

1034
00:46:44,760 --> 00:46:47,000
Speaker 4: the helicopter parenting, what's going on is we're fussing over

1035
00:46:47,040 --> 00:46:47,719
Speaker 4: the kids too much.

1036
00:46:47,760 --> 00:46:47,920
Speaker 3: Right.

1037
00:46:47,920 --> 00:46:50,319
Speaker 4: We don't let them hurt themselves like we were allowed

1038
00:46:50,360 --> 00:46:53,520
Speaker 4: to hurt ourselves, like scooter down the hill too fast

1039
00:46:53,560 --> 00:46:55,840
Speaker 4: and crash into the fence. We don't do that, and

1040
00:46:55,840 --> 00:46:57,520
Speaker 4: so what means. What it means is they don't learn

1041
00:46:57,560 --> 00:47:00,160
Speaker 4: resilience and they don't learn how to judge risks in

1042
00:47:00,160 --> 00:47:02,640
Speaker 4: the real world. But then we do the opposite with

1043
00:47:02,680 --> 00:47:05,000
Speaker 4: the internet, right, But it's no limits on what they

1044
00:47:05,000 --> 00:47:07,480
Speaker 4: can do in arguably the most dangerous place in the world.

1045
00:47:07,719 --> 00:47:09,400
Speaker 4: They can we give them a smartphone when they're like

1046
00:47:09,520 --> 00:47:12,200
Speaker 4: nine years old, can go watch porn as much as

1047
00:47:12,280 --> 00:47:15,439
Speaker 4: they want. They can watch Instagram and make themselves feel

1048
00:47:15,480 --> 00:47:18,640
Speaker 4: bad about themselves. Are seeing all this staff not spending

1049
00:47:18,680 --> 00:47:22,160
Speaker 4: time with actual kids, actual friends, spending time on their phones,

1050
00:47:22,160 --> 00:47:24,440
Speaker 4: and we're basically stuffing up their lives.

1051
00:47:24,840 --> 00:47:25,000
Speaker 22: Now.

1052
00:47:25,040 --> 00:47:26,879
Speaker 4: Jonathan Hates says, there are four ways that we can

1053
00:47:26,880 --> 00:47:28,959
Speaker 4: fix this, and this is a massive problem right now.

1054
00:47:29,080 --> 00:47:33,360
Speaker 4: Four ways to fix it. One no smartphones before high school,

1055
00:47:33,400 --> 00:47:37,200
Speaker 4: so that's age thirteen, none at all. Two, no social

1056
00:47:37,200 --> 00:47:41,960
Speaker 4: media before sixteen. Three let the kids play without supervision

1057
00:47:42,040 --> 00:47:44,279
Speaker 4: like we used to and get a bit hurt. Right,

1058
00:47:44,360 --> 00:47:46,439
Speaker 4: Bruises are not the end of the world. Number four,

1059
00:47:47,200 --> 00:47:50,840
Speaker 4: take phones out of schools, ban them, he said. And

1060
00:47:50,880 --> 00:47:53,480
Speaker 4: what did we do? Erica banned the phones out of schools.

1061
00:47:53,480 --> 00:47:55,080
Speaker 4: She took them all out. It's such a simple thing

1062
00:47:55,120 --> 00:47:57,720
Speaker 4: to do. But it is so important. Schools are already

1063
00:47:57,719 --> 00:48:00,200
Speaker 4: reporting a massive difference. Right. I don't think that we

1064
00:48:00,239 --> 00:48:03,080
Speaker 4: realize yet how lucky we are in New Zealand that

1065
00:48:03,120 --> 00:48:04,680
Speaker 4: we do not have to fight for this, that Eric

1066
00:48:04,719 --> 00:48:07,799
Speaker 4: Stanford's already done it. It's already helping our kids. This book,

1067
00:48:07,840 --> 00:48:10,000
Speaker 4: by the way, freaked me out so much that when

1068
00:48:10,080 --> 00:48:11,720
Speaker 4: got to a certain point in the book, I actually

1069
00:48:11,760 --> 00:48:13,480
Speaker 4: got up and picked up my cellphone, took it into

1070
00:48:13,520 --> 00:48:15,080
Speaker 4: another room and left it there for the remainder of

1071
00:48:15,160 --> 00:48:17,320
Speaker 4: the day. I will forever be grateful to Eric of

1072
00:48:17,360 --> 00:48:19,480
Speaker 4: Stanford for making this decision. It's going to help our

1073
00:48:19,520 --> 00:48:22,000
Speaker 4: children immeasurably, and they're the most important things in our lives.

1074
00:48:22,520 --> 00:48:26,160
Speaker 4: That call was so important to our children's future that

1075
00:48:26,200 --> 00:48:27,919
Speaker 4: I think it's going to take a pretty big call

1076
00:48:28,000 --> 00:48:30,520
Speaker 4: from another minister to bump it off the top of

1077
00:48:30,560 --> 00:48:34,520
Speaker 4: my list of best decisions ever made by a minister ever.

1078
00:48:34,680 --> 00:48:36,440
Speaker 1: Do for see ellen on that.

1079
00:48:36,600 --> 00:48:39,000
Speaker 4: By the way, what I've decided to do now is

1080
00:48:39,080 --> 00:48:40,920
Speaker 4: I am going to because what happens is when you

1081
00:48:41,000 --> 00:48:42,520
Speaker 4: dick around with your phone, right and you're like, no,

1082
00:48:43,080 --> 00:48:45,880
Speaker 4: look at Facebook, Oh your little dopamine hit. It's basically

1083
00:48:45,880 --> 00:48:47,880
Speaker 4: you're addicted to your phone. That is what's going on.

1084
00:48:47,960 --> 00:48:51,000
Speaker 4: That's they designed it for that, the social media. So

1085
00:48:51,160 --> 00:48:53,759
Speaker 4: I have decided I'm no longer going to use my

1086
00:48:53,800 --> 00:48:56,319
Speaker 4: phone as entertainment. It is now just a tool. Read

1087
00:48:56,360 --> 00:48:59,759
Speaker 4: my newspapers on it. I'll I'll read my emails on

1088
00:48:59,840 --> 00:49:01,719
Speaker 4: my let myself do a little word all every night,

1089
00:49:01,840 --> 00:49:04,239
Speaker 4: every day. It's my little thing. But apart from that,

1090
00:49:04,360 --> 00:49:06,759
Speaker 4: no scrolling, nothing, It's just a tool. I do my things.

1091
00:49:06,840 --> 00:49:09,360
Speaker 4: Put it away, try it headline's next.

1092
00:49:11,040 --> 00:49:12,000
Speaker 1: It's beautiful.

1093
00:49:12,200 --> 00:49:16,319
Speaker 2: Sees it oh, on your smart speaker, on the iHeart app,

1094
00:49:16,360 --> 00:49:19,080
Speaker 2: and in your car on your drive home, Heather duper

1095
00:49:19,120 --> 00:49:21,440
Speaker 2: see Alan drive with one New Zealand.

1096
00:49:21,600 --> 00:49:23,960
Speaker 1: Let's get connected and news talk as they'd be.

1097
00:49:25,800 --> 00:49:28,920
Speaker 14: When your play and night you thank him, bound me

1098
00:49:29,320 --> 00:49:30,960
Speaker 14: when you're riding where he's driving.

1099
00:49:31,040 --> 00:49:36,319
Speaker 1: Now you last, damn it, Tazmy. Do you see when

1100
00:49:36,320 --> 00:49:37,800
Speaker 1: you're plaything drinking?

1101
00:49:38,760 --> 00:49:41,000
Speaker 4: Bound me further, I've already done that with my phone.

1102
00:49:41,040 --> 00:49:43,080
Speaker 4: And if I'm with company, I'm expecting a call like

1103
00:49:43,160 --> 00:49:45,040
Speaker 4: a tradesman, I will say to my friends beforehand, I

1104
00:49:45,120 --> 00:49:46,600
Speaker 4: just need to check and see if it's the tradesman,

1105
00:49:46,640 --> 00:49:48,680
Speaker 4: because I'm expecting him to call. But if it's anybody else,

1106
00:49:48,719 --> 00:49:50,359
Speaker 4: I just don't answer it. Then that person will leave

1107
00:49:50,360 --> 00:49:52,280
Speaker 4: you a message or send you a text if it's importantly.

1108
00:49:52,440 --> 00:49:55,920
Speaker 4: That's called manners, and I feel like we feel like

1109
00:49:55,960 --> 00:49:57,759
Speaker 4: the man's end at the table. I just say to

1110
00:49:57,800 --> 00:50:00,279
Speaker 4: my mum the other day, she's a boomer. She just

1111
00:50:00,320 --> 00:50:02,879
Speaker 4: talks on her phone on loud speaker, and I was like, Mum,

1112
00:50:03,400 --> 00:50:06,279
Speaker 4: that's bad, actually bad manners. You didn't raise me to

1113
00:50:06,400 --> 00:50:08,239
Speaker 4: have bad manners in company. Can you please take that

1114
00:50:08,280 --> 00:50:11,600
Speaker 4: phone call away? Oh my gosh, hither. I just deleted YouTube,

1115
00:50:11,680 --> 00:50:14,160
Speaker 4: Facebook and all social media from my phone at the weekend.

1116
00:50:14,200 --> 00:50:16,520
Speaker 4: I completely agree with you on what you said, give

1117
00:50:16,520 --> 00:50:19,480
Speaker 4: it listen. Just if you're looking for something to do,

1118
00:50:19,680 --> 00:50:22,800
Speaker 4: just to you know, just to see, just explore a

1119
00:50:22,840 --> 00:50:24,359
Speaker 4: new part of your character. See if you can get

1120
00:50:24,360 --> 00:50:26,040
Speaker 4: away from the phone addiction. See if you can even

1121
00:50:26,080 --> 00:50:28,400
Speaker 4: see it as a phone addiction. Because that's an interesting

1122
00:50:28,440 --> 00:50:30,919
Speaker 4: little experiment when you realize it. Twenty three away from six,

1123
00:50:31,960 --> 00:50:34,200
Speaker 4: do see away the huddles with us. Shortly we've got

1124
00:50:34,239 --> 00:50:37,319
Speaker 4: Trishurs and Joseph Gani standing by. Now a second big

1125
00:50:37,400 --> 00:50:40,720
Speaker 4: bank boss is calling for more tax asb's chief executive

1126
00:50:40,760 --> 00:50:42,840
Speaker 4: Attoria Shorter said in an interview that we need to

1127
00:50:43,080 --> 00:50:46,440
Speaker 4: lean into taxes so we can pay for infrastructure. And

1128
00:50:46,560 --> 00:50:48,320
Speaker 4: this of course comes hot on the heels of the

1129
00:50:48,400 --> 00:50:50,920
Speaker 4: A and Z boss Antonia Watson calling for a capital

1130
00:50:50,960 --> 00:50:53,080
Speaker 4: gains tax just a few weeks ago. Robin Oliver is

1131
00:50:53,080 --> 00:50:56,160
Speaker 4: a tax partner at Oliver Shawan with us. Hey, Robin, hi,

1132
00:50:56,719 --> 00:50:58,239
Speaker 4: are you keen to pay for more tax You think

1133
00:50:58,239 --> 00:50:58,879
Speaker 4: it's a great idea.

1134
00:51:00,280 --> 00:51:04,600
Speaker 18: No, you cannot tax yourself to prosperity. Our issue as

1135
00:51:04,640 --> 00:51:08,920
Speaker 18: a country is sibilized by the fact we struggle to

1136
00:51:09,040 --> 00:51:10,720
Speaker 18: pay the same wages as a strady.

1137
00:51:10,760 --> 00:51:11,760
Speaker 7: We're falling behind.

1138
00:51:12,600 --> 00:51:16,920
Speaker 18: That means we, for example, we can't pay our doctors, nurses, teachers,

1139
00:51:17,000 --> 00:51:20,360
Speaker 18: police enough. We need to grow wages, grow the economy

1140
00:51:20,440 --> 00:51:24,560
Speaker 18: that takes higher productivity takes more investment and more innovation,

1141
00:51:25,120 --> 00:51:28,719
Speaker 18: and tax is the enemy of those it decreases. It's

1142
00:51:28,760 --> 00:51:32,439
Speaker 18: a disincentive to save, invest and innovate. So the last

1143
00:51:32,480 --> 00:51:34,960
Speaker 18: thing we want to do is lead into taxes.

1144
00:51:35,440 --> 00:51:37,560
Speaker 4: So, speaking of which, then are you liking what David

1145
00:51:37,600 --> 00:51:39,680
Speaker 4: Seymour said over the weekend, and perhaps even what Winston

1146
00:51:39,719 --> 00:51:41,640
Speaker 4: Peters said about attracting the foreign investment.

1147
00:51:42,840 --> 00:51:47,440
Speaker 18: Absolutely, we've got to attract foreign investment. We've got to

1148
00:51:47,800 --> 00:51:51,560
Speaker 18: encourage people to say for domestic investment, and we've got

1149
00:51:51,640 --> 00:51:56,000
Speaker 18: to make New Zealand a great place for investment and

1150
00:51:56,200 --> 00:51:59,960
Speaker 18: for innovative people to live it. And high taxes don't

1151
00:52:00,200 --> 00:52:00,440
Speaker 18: do it.

1152
00:52:02,560 --> 00:52:05,839
Speaker 4: Do you have any What puzzles me, Robin, is why

1153
00:52:06,040 --> 00:52:09,000
Speaker 4: both of these ladies are suddenly so keen on taxes.

1154
00:52:09,080 --> 00:52:09,279
Speaker 1: Yeah.

1155
00:52:09,719 --> 00:52:11,440
Speaker 4: Is it because they really believe it or is there

1156
00:52:11,520 --> 00:52:13,640
Speaker 4: some sort of branding thing going on here where they

1157
00:52:13,680 --> 00:52:16,400
Speaker 4: think that they can get some positive, positive publicity for it.

1158
00:52:17,920 --> 00:52:21,560
Speaker 18: I assume that they look at you know, they add

1159
00:52:21,960 --> 00:52:24,400
Speaker 18: infrastructure deficit and say, well, you know, how do we

1160
00:52:24,520 --> 00:52:28,759
Speaker 18: fix it? And they don't understand the cost of taxes.

1161
00:52:29,800 --> 00:52:32,520
Speaker 18: It's not like you raise a dollar of tax for

1162
00:52:32,680 --> 00:52:36,200
Speaker 18: me and then there's a dollar that goes to the government,

1163
00:52:36,280 --> 00:52:39,200
Speaker 18: which can then spend it, assuming that government spends it wisely.

1164
00:52:39,880 --> 00:52:44,760
Speaker 18: The estimates of New Zealand Treasury are that twenty percent

1165
00:52:45,360 --> 00:52:49,120
Speaker 18: of the money raised in tax is wasted by those

1166
00:52:49,200 --> 00:52:52,960
Speaker 18: disincentives reducing the economy, So that means you just end

1167
00:52:53,040 --> 00:52:55,239
Speaker 18: up with eighty cents and then the government doesn't spend

1168
00:52:55,280 --> 00:52:57,880
Speaker 18: it well, you end up with less. This is the

1169
00:52:58,120 --> 00:53:03,800
Speaker 18: load to poverty. This is the road you can't afford. Sturgeons, doctors, nurses, teachers.

1170
00:53:03,880 --> 00:53:07,160
Speaker 4: Please, Yeah, Robin, some very good points made there. Thank

1171
00:53:07,160 --> 00:53:09,200
Speaker 4: you so much for the expertise. It's Robin Oliver Oliver

1172
00:53:09,239 --> 00:53:11,960
Speaker 4: Shaw Tax Partner. Listen. Some crazy things happened while I

1173
00:53:12,080 --> 00:53:13,720
Speaker 4: was away, and one of the craziest thing was obviously

1174
00:53:13,760 --> 00:53:16,480
Speaker 4: the boat sinking. Some things that we need to talk

1175
00:53:16,520 --> 00:53:18,719
Speaker 4: about before we talked to Nichola Willis. Who's with us

1176
00:53:18,840 --> 00:53:22,000
Speaker 4: after six? Right now, it's twenty away from six The Huddle.

1177
00:53:21,960 --> 00:53:26,160
Speaker 2: With New Zealand Southerby's International Realty, local and global exposure

1178
00:53:26,400 --> 00:53:27,080
Speaker 2: like no other.

1179
00:53:27,280 --> 00:53:29,360
Speaker 4: On the huddle Tris Sheharson of Sheerson Willis PR and

1180
00:53:29,400 --> 00:53:32,960
Speaker 4: Joe Spagani of Child Fund Hire you guys, Hello, Hello Trish.

1181
00:53:33,000 --> 00:53:34,719
Speaker 4: Why do you think these ladies are the banks are

1182
00:53:34,760 --> 00:53:35,640
Speaker 4: so keen on the tax.

1183
00:53:36,760 --> 00:53:39,439
Speaker 24: I don't know the reason for speaking up on the tax.

1184
00:53:39,560 --> 00:53:42,160
Speaker 24: But the one thing that I do back them both

1185
00:53:42,280 --> 00:53:45,760
Speaker 24: on is that we do need business New Zealand. Business

1186
00:53:45,840 --> 00:53:48,919
Speaker 24: leaders in New Zealand who do speak up on things

1187
00:53:49,000 --> 00:53:50,839
Speaker 24: that they you know, they have a point of view

1188
00:53:50,880 --> 00:53:54,600
Speaker 24: on so just want their opinions exactly, and in fact,

1189
00:53:55,600 --> 00:53:58,760
Speaker 24: you know, the government is saying that to business leaders,

1190
00:53:58,840 --> 00:53:59,960
Speaker 24: we want you to have an opinion.

1191
00:54:00,200 --> 00:54:02,400
Speaker 4: So so that's my view on that.

1192
00:54:03,520 --> 00:54:07,800
Speaker 24: But I absolutely agree with Robin Oliver when it comes

1193
00:54:07,920 --> 00:54:10,320
Speaker 24: to the fact that we cannot tax our way to

1194
00:54:10,560 --> 00:54:14,560
Speaker 24: success in New Zealand. And in fact, in my view,

1195
00:54:14,680 --> 00:54:19,440
Speaker 24: discussions around tax have become punitive and as a sort

1196
00:54:19,440 --> 00:54:20,239
Speaker 24: of bludgeon to.

1197
00:54:20,400 --> 00:54:22,760
Speaker 4: Success and we need to turn that around.

1198
00:54:23,480 --> 00:54:28,279
Speaker 24: And if taxing our way to success was the right

1199
00:54:28,360 --> 00:54:30,839
Speaker 24: way to do things in New Zealand would be absolutely

1200
00:54:31,040 --> 00:54:35,040
Speaker 24: ripping and we are not. And I further to that,

1201
00:54:35,239 --> 00:54:37,480
Speaker 24: I think that a lot of New Zealanders have actually

1202
00:54:37,600 --> 00:54:40,840
Speaker 24: lost faith in value for money in terms of the

1203
00:54:40,880 --> 00:54:43,120
Speaker 24: taxes they are paying because look at the state of things.

1204
00:54:43,160 --> 00:54:44,600
Speaker 4: I agree with you, Jose, what do you think.

1205
00:54:45,760 --> 00:54:50,120
Speaker 25: Yeah, if you go back to A and Z's Antonia Watson,

1206
00:54:50,160 --> 00:54:52,360
Speaker 25: what she was advocating for a capital gains tax. So

1207
00:54:52,400 --> 00:54:55,560
Speaker 25: I think what they're not saying, you know, tax the

1208
00:54:55,600 --> 00:54:57,200
Speaker 25: country to hell and that will be how you get

1209
00:54:57,239 --> 00:54:59,239
Speaker 25: prosperity and growth. And I listened to you into you

1210
00:54:59,280 --> 00:55:01,560
Speaker 25: with Robin Oliver, and he's saying, don't tax that you know,

1211
00:55:01,640 --> 00:55:05,080
Speaker 25: we won't have surgeons and doctors and teachers and nurses

1212
00:55:05,160 --> 00:55:07,719
Speaker 25: and so on if we don't grow. And he's absolutely right.

1213
00:55:08,280 --> 00:55:12,000
Speaker 25: But I think what they're saying, these two bank chief executives,

1214
00:55:12,160 --> 00:55:14,560
Speaker 25: is you need a tax switch because at the moment

1215
00:55:14,719 --> 00:55:17,960
Speaker 25: you've got about forty five percent of our tax revenue

1216
00:55:18,200 --> 00:55:21,160
Speaker 25: is coming from tax off people who work for wages.

1217
00:55:21,480 --> 00:55:24,919
Speaker 25: It's levied on work, and thirty one percent is coming

1218
00:55:24,960 --> 00:55:28,360
Speaker 25: off spending on GST. So you know, that's most of

1219
00:55:28,440 --> 00:55:30,920
Speaker 25: us and what and that's really out of kilter with

1220
00:55:31,000 --> 00:55:33,919
Speaker 25: the rest of the world, where there's a much better

1221
00:55:34,000 --> 00:55:38,680
Speaker 25: balance between taxing the non productive sector i e. Houses

1222
00:55:38,760 --> 00:55:40,839
Speaker 25: that just sit there and do nothing and don't create

1223
00:55:40,880 --> 00:55:43,800
Speaker 25: any jobs and don't do anything. So they're saying capital

1224
00:55:43,840 --> 00:55:47,640
Speaker 25: gains tax taxing on the games makes sense rather than

1225
00:55:47,680 --> 00:55:50,000
Speaker 25: taxing on all the innovators and the wealth makers of

1226
00:55:50,120 --> 00:55:52,279
Speaker 25: tomorrow who are still climbing up the hills.

1227
00:55:54,080 --> 00:55:54,400
Speaker 10: Perfect.

1228
00:55:54,800 --> 00:55:56,600
Speaker 4: But no, no, no, no, Josie, because what we need

1229
00:55:56,680 --> 00:55:59,200
Speaker 4: in this country, which is we need capital, which is

1230
00:55:59,280 --> 00:56:01,759
Speaker 4: why both Win and David Cymore is saying we've got

1231
00:56:01,800 --> 00:56:04,400
Speaker 4: to get foreign capital. Then you don't then tax the

1232
00:56:04,560 --> 00:56:06,200
Speaker 4: very thing that you're trying to get into the country

1233
00:56:07,040 --> 00:56:08,640
Speaker 4: thereby creating a disincentive.

1234
00:56:09,440 --> 00:56:12,359
Speaker 25: Yeah, but this is about taxing things that don't make

1235
00:56:12,440 --> 00:56:15,160
Speaker 25: any money at all. So it's not about taxing stuff

1236
00:56:15,200 --> 00:56:18,439
Speaker 25: that invests in businesses and invests in innovations. It's about

1237
00:56:18,440 --> 00:56:21,719
Speaker 25: you taxing the dead such like it doesn't make business.

1238
00:56:21,520 --> 00:56:24,040
Speaker 4: And there's a gain, there's a capital gains tax.

1239
00:56:25,000 --> 00:56:25,200
Speaker 1: Yeah.

1240
00:56:25,320 --> 00:56:28,480
Speaker 25: And also people who are buying lots and lots of houses,

1241
00:56:28,600 --> 00:56:32,319
Speaker 25: which we know the speculation around housing has been a thing,

1242
00:56:32,840 --> 00:56:35,040
Speaker 25: and that's just sort of money that's not feeding into

1243
00:56:35,040 --> 00:56:36,680
Speaker 25: the productive sector. So I do think we need it.

1244
00:56:36,719 --> 00:56:39,920
Speaker 25: In your right, Trish, let business leaders have a say

1245
00:56:39,920 --> 00:56:41,759
Speaker 25: and have an opinion about this. I think you have

1246
00:56:41,920 --> 00:56:44,480
Speaker 25: to accept that there is we are out of kilter

1247
00:56:44,560 --> 00:56:46,319
Speaker 25: with the rest of the world, where we tax people

1248
00:56:46,360 --> 00:56:49,600
Speaker 25: who earn wages far more, and the people earning wages

1249
00:56:49,680 --> 00:56:53,840
Speaker 25: today are the capital makers and the wealth makers of tomorrow.

1250
00:56:54,239 --> 00:56:56,000
Speaker 25: What we're saying is that the people at the top

1251
00:56:56,040 --> 00:56:57,920
Speaker 25: of the hill, we've already made all their money, and

1252
00:56:58,040 --> 00:57:00,319
Speaker 25: good on them for doing it. We're saying they don't

1253
00:57:00,320 --> 00:57:02,359
Speaker 25: have to pay any tax. We'll just tax everybody else

1254
00:57:02,360 --> 00:57:03,040
Speaker 25: who's coming.

1255
00:57:02,920 --> 00:57:03,319
Speaker 4: Up the hill.

1256
00:57:03,640 --> 00:57:04,319
Speaker 22: But they're the wealth.

1257
00:57:04,440 --> 00:57:07,319
Speaker 25: They're the wealthy of tomorrow. See, you know, you've got

1258
00:57:07,360 --> 00:57:09,280
Speaker 25: to get a better balance in the tax system.

1259
00:57:09,920 --> 00:57:14,000
Speaker 24: Yeah, I mean, I don't agree. I think one of

1260
00:57:14,080 --> 00:57:18,600
Speaker 24: the great examples currently is the small and medium business

1261
00:57:18,640 --> 00:57:21,960
Speaker 24: owners who have been hit with the increase in the.

1262
00:57:23,120 --> 00:57:24,800
Speaker 4: Tax rate on trusts.

1263
00:57:26,040 --> 00:57:29,120
Speaker 24: And you know that they are people who are working

1264
00:57:29,320 --> 00:57:33,480
Speaker 24: really hard, and that's a tax of up at forty percent.

1265
00:57:33,680 --> 00:57:36,520
Speaker 24: So I don't agree. It's not it's not as simple

1266
00:57:37,480 --> 00:57:41,240
Speaker 24: as that. But I also I do think that overwhelmingly

1267
00:57:41,680 --> 00:57:44,720
Speaker 24: it's it's also about a signal to New Zealand and

1268
00:57:44,800 --> 00:57:46,480
Speaker 24: where we want to head and that we do want

1269
00:57:46,560 --> 00:57:49,440
Speaker 24: to start celebrating our success.

1270
00:57:49,920 --> 00:57:51,120
Speaker 4: And I just don't think that.

1271
00:57:52,920 --> 00:57:54,600
Speaker 25: I don't think this is but I don't think this

1272
00:57:54,760 --> 00:57:58,040
Speaker 25: is about, you know, putting a downer on success. What

1273
00:57:58,320 --> 00:58:01,440
Speaker 25: we're actually saying is we need some kind of tax switch.

1274
00:58:01,640 --> 00:58:04,120
Speaker 25: So you're right, small to medium businesses, we need to

1275
00:58:04,200 --> 00:58:07,720
Speaker 25: support them in every way we can. So let's reduce

1276
00:58:07,800 --> 00:58:11,320
Speaker 25: taxes in other places. Let's reduce income tax for a start.

1277
00:58:11,520 --> 00:58:13,480
Speaker 25: So you've got to look at the whole tax system

1278
00:58:13,520 --> 00:58:16,240
Speaker 25: and go because it's not just about creating read but

1279
00:58:16,320 --> 00:58:18,240
Speaker 25: it's also about taxing the right stuff.

1280
00:58:19,800 --> 00:58:21,959
Speaker 4: We don't live in that world, right then no one's

1281
00:58:22,000 --> 00:58:23,960
Speaker 4: going to give us a tax switch. But they're not

1282
00:58:24,000 --> 00:58:25,360
Speaker 4: going to give us a tax switch. They are just

1283
00:58:25,440 --> 00:58:27,200
Speaker 4: going to increase their revenue and government.

1284
00:58:27,480 --> 00:58:29,800
Speaker 25: But we've done it before, Heather, We did it, John

1285
00:58:29,840 --> 00:58:32,400
Speaker 25: Key did it with GST, cut income tax and put

1286
00:58:32,480 --> 00:58:35,120
Speaker 25: up GST. So absolutely when the.

1287
00:58:35,120 --> 00:58:38,800
Speaker 4: Different situation I mean, which were kind of broke at

1288
00:58:38,800 --> 00:58:40,120
Speaker 4: the moment, very broke.

1289
00:58:40,280 --> 00:58:40,480
Speaker 21: Yeah.

1290
00:58:40,800 --> 00:58:42,920
Speaker 4: So anyway, listen, we'll take a break, come back and

1291
00:58:42,960 --> 00:58:44,840
Speaker 4: talk about how the government's doing one year and and

1292
00:58:44,960 --> 00:58:47,120
Speaker 4: also after six o'clock with nickoli Willis, we are going

1293
00:58:47,160 --> 00:58:49,520
Speaker 4: to talk about getting the foreign capital and obviously quarter to.

1294
00:58:51,040 --> 00:58:54,720
Speaker 2: The Huddle with New Zealand Southeby's International Realty, elevate the

1295
00:58:54,800 --> 00:58:55,840
Speaker 2: marketing of your home.

1296
00:58:56,120 --> 00:58:58,120
Speaker 4: Right you back with the huddle Joe Sperguani and Tricius

1297
00:58:58,160 --> 00:59:00,280
Speaker 4: and Josie. What do you think about this government and

1298
00:59:00,320 --> 00:59:00,960
Speaker 4: how a they're tracking.

1299
00:59:02,240 --> 00:59:05,320
Speaker 25: Well, we're clearly feeling very eel, aren't we We're not

1300
00:59:05,440 --> 00:59:09,120
Speaker 25: very tigger. We're pretty miserable. So you can't necessarily blame

1301
00:59:09,160 --> 00:59:11,720
Speaker 25: the government on that. But look at what I think

1302
00:59:11,760 --> 00:59:14,760
Speaker 25: they've got right, is they've got the diagnosis right of

1303
00:59:14,880 --> 00:59:18,400
Speaker 25: what's gone wrong, so cost blowouts, we're not delivering, we

1304
00:59:18,480 --> 00:59:20,920
Speaker 25: haven't been building stuff. We've got to make that faster,

1305
00:59:21,080 --> 00:59:23,240
Speaker 25: We've got to make that easier. I think what they

1306
00:59:23,440 --> 00:59:25,920
Speaker 25: lack and why those polls are not looking good for

1307
00:59:26,040 --> 00:59:29,320
Speaker 25: national they lack a sort of big plan. And the

1308
00:59:29,400 --> 00:59:31,960
Speaker 25: thing about a plan is that you don't expect a

1309
00:59:32,040 --> 00:59:34,520
Speaker 25: government to fix everything in the first year, but you

1310
00:59:34,680 --> 00:59:37,480
Speaker 25: do want to believe that they will. And there's a

1311
00:59:37,520 --> 00:59:41,200
Speaker 25: wonderful quote from the former German Chancellor Helmet Schmidt who

1312
00:59:41,200 --> 00:59:43,800
Speaker 25: once said politicians with a vision should go and see

1313
00:59:43,840 --> 00:59:46,440
Speaker 25: a doctor. What they need is a plan. And the

1314
00:59:46,560 --> 00:59:48,640
Speaker 25: thing about a plan is, you know, it's a map

1315
00:59:48,800 --> 00:59:52,080
Speaker 25: for what you're going to do. It identifies destination, you

1316
00:59:52,160 --> 00:59:55,240
Speaker 25: can see the milestones and most importantly, you can see

1317
00:59:55,280 --> 00:59:58,400
Speaker 25: the priorities. So without a plan, I think they've got

1318
00:59:58,440 --> 01:00:01,800
Speaker 25: a bit derailed. Where you know, the biggest noise that

1319
01:00:01,920 --> 01:00:04,920
Speaker 25: comes along, which has been treaty issues, and really I

1320
01:00:04,920 --> 01:00:06,720
Speaker 25: don't think we were worried about any of the race

1321
01:00:06,800 --> 01:00:10,360
Speaker 25: issues until this suddenly became a huge, big issue. It

1322
01:00:10,520 --> 01:00:12,680
Speaker 25: kind of throws them off balance and they end up

1323
01:00:12,760 --> 01:00:16,720
Speaker 25: talking you know forever about treaty principles and all of this,

1324
01:00:16,840 --> 01:00:18,640
Speaker 25: and that's not what they want to be doing. So

1325
01:00:18,800 --> 01:00:21,040
Speaker 25: that's the problem. You get led around by the nose

1326
01:00:21,280 --> 01:00:23,160
Speaker 25: if you haven't got a clear plan. And I think

1327
01:00:23,240 --> 01:00:24,120
Speaker 25: that's what they lack.

1328
01:00:24,760 --> 01:00:28,160
Speaker 24: What do you think It's exactly what came out in

1329
01:00:28,240 --> 01:00:31,400
Speaker 24: mood of the boardroom recently. Everybody said we want to

1330
01:00:31,400 --> 01:00:34,560
Speaker 24: see the plan for growth. I think here's my little

1331
01:00:34,600 --> 01:00:37,200
Speaker 24: dipstick on where we are right now as a country.

1332
01:00:37,680 --> 01:00:40,240
Speaker 24: And what sparked this was a conversation I had with

1333
01:00:40,360 --> 01:00:42,840
Speaker 24: someone who owns a small business in Russell over the weekend.

1334
01:00:42,880 --> 01:00:44,080
Speaker 24: I was saying, oh, you know, as you do go

1335
01:00:44,120 --> 01:00:48,040
Speaker 24: aroundtown or how's things going? And she said, look, right now,

1336
01:00:48,600 --> 01:00:51,880
Speaker 24: people can't afford a day trip. So you get people

1337
01:00:51,960 --> 01:00:54,160
Speaker 24: on a Sunday, they'd go from fungar Ray to Russell.

1338
01:00:54,240 --> 01:00:57,200
Speaker 24: It's an hour, spend a day there, buy some fish

1339
01:00:57,240 --> 01:00:59,840
Speaker 24: and chips. So my quick assessment is, right now we're

1340
01:00:59,880 --> 01:01:02,919
Speaker 24: a country that can't afford a Sunday day trip.

1341
01:01:03,640 --> 01:01:04,120
Speaker 10: We're broke.

1342
01:01:04,400 --> 01:01:06,600
Speaker 24: Our bright young things are leaving New Zealand and record

1343
01:01:06,720 --> 01:01:10,000
Speaker 24: numbers the things we trust to look after us, like

1344
01:01:10,080 --> 01:01:13,600
Speaker 24: the health system, are broken, and the bright spot is

1345
01:01:13,600 --> 01:01:15,640
Speaker 24: we're campaigning to be the best country in the world

1346
01:01:15,720 --> 01:01:16,360
Speaker 24: to have her peace.

1347
01:01:18,280 --> 01:01:21,880
Speaker 4: That was unexpected to rest but actually.

1348
01:01:21,720 --> 01:01:23,720
Speaker 24: Just on a series, I just can't you know that.

1349
01:01:23,880 --> 01:01:25,920
Speaker 24: It made me laugh when I saw that campaign. But

1350
01:01:28,240 --> 01:01:31,360
Speaker 24: I think that the hard thing for the government is

1351
01:01:31,480 --> 01:01:34,600
Speaker 24: that for people who have lost their businesses in the

1352
01:01:34,680 --> 01:01:37,320
Speaker 24: past four years and who are still losing their businesses,

1353
01:01:37,680 --> 01:01:41,960
Speaker 24: that is a decade long or multi generational problem for

1354
01:01:42,200 --> 01:01:45,360
Speaker 24: those families. And if you just look at some numbers

1355
01:01:46,160 --> 01:01:50,320
Speaker 24: in the disposable income per capita is down six point

1356
01:01:50,360 --> 01:01:53,400
Speaker 24: two percent compared to September twenty twenty two. Now how

1357
01:01:53,520 --> 01:01:57,200
Speaker 24: much is that in twenty twenty four dollars a four

1358
01:01:57,280 --> 01:02:00,840
Speaker 24: person household is over sixteen hundred dollar is a month

1359
01:02:01,240 --> 01:02:04,160
Speaker 24: worse off than two years ago. That is a huge

1360
01:02:04,200 --> 01:02:07,400
Speaker 24: amount of money. So, yes, I think the government's ticking

1361
01:02:07,520 --> 01:02:10,680
Speaker 24: things off. Yes, I think they're working quickly and we

1362
01:02:10,800 --> 01:02:15,240
Speaker 24: all feel better that they are in. But New Zealanders,

1363
01:02:15,280 --> 01:02:17,280
Speaker 24: I think, are in a harder place than a lot

1364
01:02:17,400 --> 01:02:20,560
Speaker 24: have been in a generation. So there is a very

1365
01:02:20,680 --> 01:02:23,080
Speaker 24: long way back, but way back is through growth and

1366
01:02:23,240 --> 01:02:26,120
Speaker 24: I was really pleased to see the foreign capital stuff

1367
01:02:26,280 --> 01:02:31,040
Speaker 24: over the weekend because New Zealand is absolutely parched and

1368
01:02:31,200 --> 01:02:34,400
Speaker 24: we need foreign capital desperately to get things going again.

1369
01:02:34,800 --> 01:02:38,160
Speaker 25: You an idea of another quick dipstick is the way

1370
01:02:38,240 --> 01:02:40,880
Speaker 25: the government has cut a lot of staff in the

1371
01:02:40,920 --> 01:02:44,440
Speaker 25: public sector. So cut costs great, I understand that, But

1372
01:02:44,560 --> 01:02:47,120
Speaker 25: then again, where's the big idea about how you actually

1373
01:02:47,200 --> 01:02:50,200
Speaker 25: fix the public sector which hasn't been able to deliver

1374
01:02:50,760 --> 01:02:55,000
Speaker 25: even on former government plans either. So what's gone wrong?

1375
01:02:55,400 --> 01:02:58,560
Speaker 25: What's causing the group think, what's causing the inability for

1376
01:02:58,640 --> 01:03:01,480
Speaker 25: the public sector to be better at delivery and get

1377
01:03:01,520 --> 01:03:04,040
Speaker 25: things done fast? Yeah? And I think that, you know,

1378
01:03:04,080 --> 01:03:06,920
Speaker 25: it's a really good little microcosm of what's gone wrong.

1379
01:03:07,040 --> 01:03:09,640
Speaker 25: You can cut things, yes, but you've still got to

1380
01:03:09,680 --> 01:03:12,320
Speaker 25: do a diagnostic about what what is why is the

1381
01:03:12,400 --> 01:03:14,600
Speaker 25: public sector not delivering and what does it need to

1382
01:03:14,680 --> 01:03:18,560
Speaker 25: do that. You know, maybe it's separating policy development, development

1383
01:03:18,720 --> 01:03:22,320
Speaker 25: from delivery of stuff, because if you don't have the government, right,

1384
01:03:22,440 --> 01:03:25,400
Speaker 25: if you don't have the government departments right, that's that's

1385
01:03:25,440 --> 01:03:27,160
Speaker 25: who delivers the government's right.

1386
01:03:27,320 --> 01:03:29,720
Speaker 4: You make it a point, cutting is not transformation and

1387
01:03:29,760 --> 01:03:31,320
Speaker 4: what we need is transformation.

1388
01:03:30,920 --> 01:03:34,160
Speaker 24: Quick outside view, though, which is a bright spot. Someone

1389
01:03:34,200 --> 01:03:37,640
Speaker 24: who works with me who's immigrated to New Zealand this year.

1390
01:03:38,200 --> 01:03:40,920
Speaker 24: He said, other countries would kill for the kind of

1391
01:03:41,000 --> 01:03:44,160
Speaker 24: business like focus government we've got at the moment. He said,

1392
01:03:44,160 --> 01:03:47,560
Speaker 24: look at the UK. We'll look at the Keystarmagual less

1393
01:03:47,640 --> 01:03:50,800
Speaker 24: than two months and they are rudderless and in absolute shambles.

1394
01:03:50,840 --> 01:03:52,880
Speaker 24: He said, look at the US. So I think it's

1395
01:03:52,920 --> 01:03:55,640
Speaker 24: good to balance the out the inside view with the outside.

1396
01:03:55,640 --> 01:03:56,600
Speaker 4: I have had a little bit of a little bit

1397
01:03:56,600 --> 01:03:57,480
Speaker 4: of a glasshouse for there.

1398
01:03:57,560 --> 01:03:57,760
Speaker 15: Guys.

1399
01:03:57,840 --> 01:03:58,080
Speaker 5: Thank you.

1400
01:03:58,200 --> 01:03:59,840
Speaker 4: I really appreciate the power of you coming on to

1401
01:04:00,040 --> 01:04:01,920
Speaker 4: chat to me as always on a Monday. Joe SPEGANI

1402
01:04:02,120 --> 01:04:05,400
Speaker 4: Tricius and now huddle seven away from six on.

1403
01:04:05,520 --> 01:04:08,160
Speaker 2: Your smart speaker, on the iHeart app and in your

1404
01:04:08,240 --> 01:04:12,080
Speaker 2: car on your drive home. Heather Dupleice allan drive with

1405
01:04:12,360 --> 01:04:16,000
Speaker 2: one New Zealand one Giant Leap for Business News Talk

1406
01:04:16,240 --> 01:04:17,520
Speaker 2: z be Hea.

1407
01:04:17,560 --> 01:04:19,960
Speaker 4: The absolutely correct Capital gains tax has done nothing to

1408
01:04:20,040 --> 01:04:25,479
Speaker 4: improve home ownership. It's just another tax. Yeah, doesn't actually

1409
01:04:25,520 --> 01:04:27,160
Speaker 4: bring in that much money. So if anybody says to you,

1410
01:04:27,200 --> 01:04:28,960
Speaker 4: which I think is kind of what Josie was trying

1411
01:04:29,000 --> 01:04:30,800
Speaker 4: to argue before, which is that you know you could

1412
01:04:30,800 --> 01:04:32,600
Speaker 4: do a tax switch. Well, I mean it doesn't even

1413
01:04:32,800 --> 01:04:34,880
Speaker 4: it doesn't even bring in one percent of revenues. It

1414
01:04:35,000 --> 01:04:36,800
Speaker 4: like of tax revenues. It's like half a percent of

1415
01:04:36,840 --> 01:04:39,000
Speaker 4: tax revenue. Kind of text switch you're gonna get from there,

1416
01:04:39,000 --> 01:04:42,640
Speaker 4: You're gonna get nothing, now, Heather, I want to complete

1417
01:04:42,680 --> 01:04:45,560
Speaker 4: and ruthless inquiry into how a second rate captain got

1418
01:04:45,600 --> 01:04:47,640
Speaker 4: to the position that she did above far other more

1419
01:04:47,720 --> 01:04:49,600
Speaker 4: experienced sailors who had to try to make their careers

1420
01:04:49,640 --> 01:04:52,200
Speaker 4: in the New Zealand Navy. Lloyd I is texting about

1421
01:04:52,680 --> 01:04:55,440
Speaker 4: oh mate, running the boat onto the reef. Now, it's

1422
01:04:55,480 --> 01:04:57,560
Speaker 4: one of the craziest things that happened while I was away.

1423
01:04:57,640 --> 01:05:02,600
Speaker 4: Definitely was the boat sinking. The craziest part, though, was

1424
01:05:02,680 --> 01:05:05,080
Speaker 4: why it sank, I thought, And now I'm not really

1425
01:05:05,120 --> 01:05:06,960
Speaker 4: sure how much of Because I've been away, I'm not

1426
01:05:07,000 --> 01:05:08,480
Speaker 4: sure how much of this you know, So I'm going

1427
01:05:08,520 --> 01:05:11,880
Speaker 4: to assume nothing. So bear with me now. It was

1428
01:05:11,920 --> 01:05:14,920
Speaker 4: something of a surprise to realize that the Monawnui was

1429
01:05:14,960 --> 01:05:17,120
Speaker 4: not in fact a naval vessel or a warship. It was,

1430
01:05:17,200 --> 01:05:20,960
Speaker 4: in fact a commercial vessel brought from Norway, originally used

1431
01:05:20,960 --> 01:05:24,880
Speaker 4: for oil exploration, but painted gray to make it look

1432
01:05:25,000 --> 01:05:28,360
Speaker 4: like a worship, she shares, So New Zealand a hey,

1433
01:05:28,720 --> 01:05:30,560
Speaker 4: painted gray, it will look like it looked like it's

1434
01:05:30,560 --> 01:05:32,600
Speaker 4: supposed to do war. Okay, that's what we did. But

1435
01:05:32,680 --> 01:05:35,160
Speaker 4: here's the problem, right, it sounds like we didn't do

1436
01:05:35,240 --> 01:05:36,960
Speaker 4: the thing that you're supposed to do when you buy

1437
01:05:37,000 --> 01:05:38,680
Speaker 4: a commercial vessel and you want to use it for

1438
01:05:38,800 --> 01:05:41,080
Speaker 4: things like war, et cetera, which is that you need

1439
01:05:41,160 --> 01:05:43,560
Speaker 4: to retrofit it so you can seal off the compartments

1440
01:05:43,920 --> 01:05:45,440
Speaker 4: so that it doesn't get flooded. Right, So if it

1441
01:05:45,440 --> 01:05:47,240
Speaker 4: gets flooded in that one, but over there, you seal

1442
01:05:47,320 --> 01:05:48,840
Speaker 4: that off and everything else is fine and the thing

1443
01:05:49,160 --> 01:05:52,640
Speaker 4: stays buoyant. Ron Mark said last week that he bought

1444
01:05:52,680 --> 01:05:55,880
Speaker 4: the Manawnui knowing she was not a warship. She's a

1445
01:05:55,920 --> 01:05:58,760
Speaker 4: commercial operation. He said, but well that comes a risk,

1446
01:05:58,800 --> 01:06:00,720
Speaker 4: and the risk is that commercial vsvessels do not have

1447
01:06:00,800 --> 01:06:02,960
Speaker 4: the same level of redundancy in these systems or their

1448
01:06:03,000 --> 01:06:06,880
Speaker 4: design that warships do. You can't seal off compartments, create

1449
01:06:07,040 --> 01:06:09,840
Speaker 4: water tight compartments, and keep the vessel afloat so that

1450
01:06:09,920 --> 01:06:12,600
Speaker 4: it can be toad salvaged and repaired. So it sounds

1451
01:06:12,720 --> 01:06:14,760
Speaker 4: like we bought the bloody thing on the cheap and

1452
01:06:14,840 --> 01:06:16,880
Speaker 4: then we didn't make it. We didn't do the retrofit

1453
01:06:16,960 --> 01:06:19,120
Speaker 4: that that was necessary in order to make it actually

1454
01:06:19,240 --> 01:06:21,280
Speaker 4: worthy of being a naval vessel. We'll have a chat

1455
01:06:21,320 --> 01:06:24,240
Speaker 4: to Nichola Willis, who's with us straight after the news

1456
01:06:24,280 --> 01:06:28,720
Speaker 4: and find out if this is really what happened NEWSTALKSZB.

1457
01:06:38,480 --> 01:06:43,320
Speaker 2: If we're Business Insight the Business Hour we're headed due

1458
01:06:43,360 --> 01:06:46,960
Speaker 2: to clan and my hr on News dogsb.

1459
01:06:48,880 --> 01:06:51,240
Speaker 4: Evening coming up in the next hour, Shane Soley's going

1460
01:06:51,280 --> 01:06:53,800
Speaker 4: to talk us through China's economic stimulation. We'll also talk

1461
01:06:53,880 --> 01:06:56,000
Speaker 4: to a Krewe investor who says more businesses in New

1462
01:06:56,040 --> 01:06:59,320
Speaker 4: Zealand should be putting money aside to expand internationally. I'll

1463
01:06:59,320 --> 01:07:01,120
Speaker 4: get you across the No. One News very in poll

1464
01:07:01,400 --> 01:07:04,080
Speaker 4: just out. So National is sitting on thirty seven percent.

1465
01:07:04,160 --> 01:07:07,200
Speaker 4: That's down one. Labour is on twenty nine percent, that's

1466
01:07:07,320 --> 01:07:10,120
Speaker 4: down one. The Greens are on twelve, that's up one.

1467
01:07:10,640 --> 01:07:13,480
Speaker 4: Actors on eight up one, New Zealand First on five,

1468
01:07:13,720 --> 01:07:17,920
Speaker 4: down one, Tiptimari is on four and Top is on

1469
01:07:18,200 --> 01:07:21,080
Speaker 4: three up two. Now in the preferred Prime Minister stakes,

1470
01:07:21,120 --> 01:07:25,800
Speaker 4: Chris Luxen twenty five percent down three, Chris Hopkins fifteen

1471
01:07:25,840 --> 01:07:28,560
Speaker 4: percent down three, and weird Legisin da Ardun has registered

1472
01:07:28,600 --> 01:07:32,600
Speaker 4: at one percent eight past six. Heatherkiller will it's our

1473
01:07:32,640 --> 01:07:35,919
Speaker 4: finance minister is with us now, Hey, Nikolin, Hi, Heather, Yeah,

1474
01:07:35,960 --> 01:07:38,200
Speaker 4: it's not flash a a year in. Those are not

1475
01:07:38,360 --> 01:07:40,680
Speaker 4: really numbers to be kind of crowing about, are they.

1476
01:07:41,520 --> 01:07:44,000
Speaker 22: Ah, we'll look, they're there or thereabouts. If there was

1477
01:07:44,040 --> 01:07:47,160
Speaker 22: an election tomorrow based on those numbers, New Zealanders would

1478
01:07:47,160 --> 01:07:49,480
Speaker 22: elect the same government, all right, right now? No?

1479
01:07:49,640 --> 01:07:52,160
Speaker 4: True? But why is Chris Luxan only on twenty five percent?

1480
01:07:52,240 --> 01:07:52,680
Speaker 4: What's going on?

1481
01:07:53,520 --> 01:07:53,640
Speaker 6: Oh?

1482
01:07:53,720 --> 01:07:55,920
Speaker 22: Well, look, as he has said, he's not focused on

1483
01:07:56,000 --> 01:07:58,600
Speaker 22: those numbers they bounce up and down. He's focused on

1484
01:07:58,720 --> 01:08:01,919
Speaker 22: delivering results for New Zealand. And I look at three

1485
01:08:02,440 --> 01:08:05,280
Speaker 22: key metrics that we set for ourselves that really matter.

1486
01:08:05,520 --> 01:08:08,240
Speaker 22: One is are we getting a litle on inflation? Answer? Yes,

1487
01:08:08,440 --> 01:08:10,480
Speaker 22: down to three point three and we'll see if it

1488
01:08:10,560 --> 01:08:14,000
Speaker 22: goes lower this week. Are we getting interest rates down? Yes,

1489
01:08:14,400 --> 01:08:17,320
Speaker 22: they've dropped seventy five basis points and they have come

1490
01:08:17,479 --> 01:08:21,160
Speaker 22: lower faster than many were forecasting. And our business is

1491
01:08:21,240 --> 01:08:24,439
Speaker 22: feeling more confident about the future of the economy. Yes,

1492
01:08:24,560 --> 01:08:28,720
Speaker 22: they are, so our plan is showing progress. But I

1493
01:08:28,960 --> 01:08:31,479
Speaker 22: will be the first to admit that it has been

1494
01:08:31,560 --> 01:08:34,800
Speaker 22: a tough year for the New Zealand economy. We inherited

1495
01:08:34,920 --> 01:08:37,320
Speaker 22: a real mess. We're getting on with what we said

1496
01:08:37,360 --> 01:08:38,439
Speaker 22: we would and we're making progress.

1497
01:08:38,560 --> 01:08:40,680
Speaker 4: Yeah, and you're not getting rewards for it. So when

1498
01:08:40,720 --> 01:08:43,080
Speaker 4: do you start getting the popularity rewards in the polls?

1499
01:08:43,400 --> 01:08:43,519
Speaker 21: Is it?

1500
01:08:43,640 --> 01:08:46,080
Speaker 4: Do you think when the economy picks up?

1501
01:08:46,960 --> 01:08:47,360
Speaker 24: Yes, I do.

1502
01:08:47,560 --> 01:08:50,120
Speaker 22: I think when New Zealanders start feeling in their own

1503
01:08:50,200 --> 01:08:53,640
Speaker 22: household that things are getting a bit better, when they

1504
01:08:53,800 --> 01:08:57,559
Speaker 22: start switching themselves onto lower mortgage rates, when they notice

1505
01:08:57,600 --> 01:09:01,040
Speaker 22: that grocery prices aren't rising as fast as they were,

1506
01:09:01,760 --> 01:09:05,160
Speaker 22: when they start feeling more confident about their job and

1507
01:09:05,280 --> 01:09:08,840
Speaker 22: their future. Then you see that flowing through into their

1508
01:09:08,880 --> 01:09:11,280
Speaker 22: reflections on the government. And we're working really hard across

1509
01:09:11,320 --> 01:09:15,040
Speaker 22: the board to get results. And I'm confident that the

1510
01:09:15,160 --> 01:09:18,200
Speaker 22: changes we're making at pace will deliver results. Whether that's

1511
01:09:18,520 --> 01:09:22,439
Speaker 22: increased educational achievement in our schools with our structured literacy

1512
01:09:22,479 --> 01:09:26,439
Speaker 22: approach and our stricter approach to maths, whether that's making

1513
01:09:26,520 --> 01:09:29,080
Speaker 22: sure we're getting those waiting less times down in our

1514
01:09:29,200 --> 01:09:33,160
Speaker 22: health system, even the emergency housing numbers. You know, that's

1515
01:09:33,240 --> 01:09:35,519
Speaker 22: something that I think was a scourge on the country.

1516
01:09:35,680 --> 01:09:39,639
Speaker 22: We had literally thousands of children living in motel rooms

1517
01:09:39,720 --> 01:09:41,800
Speaker 22: for the first time in years. We've now got that

1518
01:09:42,280 --> 01:09:45,920
Speaker 22: lower than a thousand. So these things are starting to

1519
01:09:46,040 --> 01:09:48,760
Speaker 22: show progress, but we want to see that accelerate, and

1520
01:09:48,840 --> 01:09:51,600
Speaker 22: as new Zealanders see that, I think their support for

1521
01:09:51,680 --> 01:09:52,840
Speaker 22: the government will grow as well.

1522
01:09:52,920 --> 01:09:56,200
Speaker 4: Okay, are you on board with David Seymore's foreign investment

1523
01:09:56,280 --> 01:09:56,920
Speaker 4: rule changes.

1524
01:09:58,479 --> 01:09:58,679
Speaker 22: Yes?

1525
01:09:59,520 --> 01:10:01,080
Speaker 4: Why is it's going to take so long then to

1526
01:10:01,200 --> 01:10:03,120
Speaker 4: do it? I mean he's talking about passing the law

1527
01:10:03,160 --> 01:10:04,160
Speaker 4: at the end of next year.

1528
01:10:04,960 --> 01:10:08,240
Speaker 22: Yeah, that's right. Look, this is a detailed area of law.

1529
01:10:08,400 --> 01:10:10,240
Speaker 22: We need to get it right because the point is

1530
01:10:10,400 --> 01:10:14,479
Speaker 22: to say to people overseas who might be interested in

1531
01:10:14,640 --> 01:10:19,800
Speaker 22: investors Zealand, whether that's in a power generation scheme, a factory,

1532
01:10:20,000 --> 01:10:23,439
Speaker 22: a business, here are the rules, here's how they work.

1533
01:10:23,560 --> 01:10:25,519
Speaker 22: Please come and give us your money and create new

1534
01:10:25,560 --> 01:10:29,120
Speaker 22: Zealand jobs and incomes. Making sure those rules are clear,

1535
01:10:29,760 --> 01:10:32,799
Speaker 22: well understood and achieve what we want them to achieve

1536
01:10:33,160 --> 01:10:36,439
Speaker 22: requires attention to detail. That's what he's doing. To be

1537
01:10:36,640 --> 01:10:39,280
Speaker 22: fair to him, he has already made some pretty quick

1538
01:10:39,680 --> 01:10:42,439
Speaker 22: changes to make sure that the processing times at the

1539
01:10:42,479 --> 01:10:45,519
Speaker 22: Overseas Investment Office have been able to speed up, and

1540
01:10:45,680 --> 01:10:49,879
Speaker 22: that's apparently already had quite a practical effect for many investors.

1541
01:10:50,160 --> 01:10:52,000
Speaker 22: But this is something he's working hard to get right.

1542
01:10:53,160 --> 01:10:55,519
Speaker 4: So do we know that there are investors who want

1543
01:10:55,600 --> 01:10:57,599
Speaker 4: to spend their money here, want to invest here?

1544
01:10:58,600 --> 01:10:59,480
Speaker 25: Absolutely?

1545
01:11:00,080 --> 01:11:00,160
Speaker 10: You know.

1546
01:11:00,280 --> 01:11:03,280
Speaker 22: Look, the Prime Minister never returns from a visit overseas

1547
01:11:03,320 --> 01:11:06,479
Speaker 22: without telling us about the investors he sat down with,

1548
01:11:06,560 --> 01:11:08,560
Speaker 22: who just say, look, we look at New Zealand and

1549
01:11:08,640 --> 01:11:12,560
Speaker 22: we see a great country with big prospects. But what

1550
01:11:12,720 --> 01:11:16,439
Speaker 22: they want to invest other institutions, Well, they're interested in

1551
01:11:16,720 --> 01:11:19,200
Speaker 22: the areas where they can see growth happening. So renewable

1552
01:11:19,400 --> 01:11:22,360
Speaker 22: energy generation, for example, they can see that that's something

1553
01:11:22,400 --> 01:11:25,280
Speaker 22: there's going to be more demand for. They look at

1554
01:11:25,320 --> 01:11:29,320
Speaker 22: our food industry. They see that we have successful farmers,

1555
01:11:29,400 --> 01:11:32,000
Speaker 22: but they also see that there's more value we can

1556
01:11:32,080 --> 01:11:35,679
Speaker 22: be creating from that New Zealand food and aquaculture story.

1557
01:11:36,320 --> 01:11:38,760
Speaker 22: Some of them look at the forestry industry and see

1558
01:11:38,800 --> 01:11:41,720
Speaker 22: potential not only for forestry, but for how do we

1559
01:11:41,840 --> 01:11:45,920
Speaker 22: make more out of manufacturing those products to deliver more value.

1560
01:11:46,560 --> 01:11:49,840
Speaker 22: Some of them look at New Zealand's smaller tech firms

1561
01:11:49,880 --> 01:11:52,479
Speaker 22: and they see exciting things happening, and they can see

1562
01:11:52,560 --> 01:11:55,240
Speaker 22: that there's often they're under capitalized. There's not a lot

1563
01:11:55,280 --> 01:11:57,439
Speaker 22: of competition to invest in firms, and they think, well,

1564
01:11:57,479 --> 01:11:59,439
Speaker 22: maybe we could be the next ones to invest in it.

1565
01:12:00,479 --> 01:12:02,599
Speaker 4: We change the rules, like he says, when we get

1566
01:12:02,640 --> 01:12:05,679
Speaker 4: this little pass at the end of next year, floodgates open.

1567
01:12:06,960 --> 01:12:12,280
Speaker 22: A nou Our judgment, no, a significant boost because our

1568
01:12:12,400 --> 01:12:16,000
Speaker 22: judgment is we want to see investment flowing in that

1569
01:12:16,120 --> 01:12:20,000
Speaker 22: benefits New Zealanders through better paid jobs, better and comes

1570
01:12:20,439 --> 01:12:23,760
Speaker 22: more opportunities. And we think the policy settings right now

1571
01:12:23,960 --> 01:12:28,519
Speaker 22: are holding back wage growth, they're holding back the ability

1572
01:12:28,560 --> 01:12:31,479
Speaker 22: of any of our businesses to grow. So the mark

1573
01:12:31,560 --> 01:12:34,439
Speaker 22: of success for our reforms will be is it easier

1574
01:12:34,520 --> 01:12:38,640
Speaker 22: for international investors to put their money here? And we

1575
01:12:38,800 --> 01:12:40,479
Speaker 22: want to make sure that it is. And you should

1576
01:12:40,520 --> 01:12:41,920
Speaker 22: see that pretty much straight away.

1577
01:12:42,120 --> 01:12:44,760
Speaker 4: Cool, I'm pleased to hear. Now, did we retrou fit

1578
01:12:44,840 --> 01:12:47,519
Speaker 4: the money when when we bought the thing a commercial

1579
01:12:47,640 --> 01:12:50,439
Speaker 4: vessel from Norway? Did we put water tight compartments in

1580
01:12:50,520 --> 01:12:52,720
Speaker 4: it before we made it a warship or whatever ship

1581
01:12:52,760 --> 01:12:53,000
Speaker 4: it was?

1582
01:12:53,760 --> 01:12:57,519
Speaker 22: Heather I haven't been briefed on that operational detail, so

1583
01:12:57,640 --> 01:13:01,640
Speaker 22: I can't give you an answer on it. What I

1584
01:13:01,960 --> 01:13:05,760
Speaker 22: know is that the Defense Force operate with the expectation

1585
01:13:05,960 --> 01:13:08,639
Speaker 22: that their vessels are up to performance, that they're well

1586
01:13:08,760 --> 01:13:11,080
Speaker 22: maintained and can deliver on the function for which they're

1587
01:13:11,120 --> 01:13:11,479
Speaker 22: procured for.

1588
01:13:11,560 --> 01:13:13,240
Speaker 4: Yeah, the reason I'm asking is because Ron Mark, who

1589
01:13:13,280 --> 01:13:15,360
Speaker 4: was the former Defense minister who bought the things, suggested

1590
01:13:15,400 --> 01:13:18,120
Speaker 4: that that didn't happen. That would be remarkable if that

1591
01:13:18,160 --> 01:13:18,679
Speaker 4: didn't happen.

1592
01:13:18,760 --> 01:13:18,920
Speaker 1: Right.

1593
01:13:19,880 --> 01:13:23,439
Speaker 22: Well, look, that's really a question for Judith Collins. But

1594
01:13:24,400 --> 01:13:27,960
Speaker 22: as she has said, we've got this special Commission of Inquiry,

1595
01:13:28,040 --> 01:13:30,400
Speaker 22: we'll look at what were the circumstances that they'd to

1596
01:13:30,479 --> 01:13:31,400
Speaker 22: that ship, thin king.

1597
01:13:32,400 --> 01:13:33,600
Speaker 4: How much is it going to cost to clean the

1598
01:13:33,640 --> 01:13:34,040
Speaker 4: place up?

1599
01:13:35,479 --> 01:13:37,519
Speaker 22: I don't have a figure on that. What I do

1600
01:13:37,760 --> 01:13:40,280
Speaker 22: know is that we have a small amount of insurance

1601
01:13:40,400 --> 01:13:43,960
Speaker 22: to cover those clean up costs and environmental effects if

1602
01:13:44,000 --> 01:13:47,160
Speaker 22: there are any. And obviously so you must have freaked discussion.

1603
01:13:47,360 --> 01:13:49,439
Speaker 4: I mean you must have seen this happen and gone,

1604
01:13:49,479 --> 01:13:53,200
Speaker 4: oh no, because we're broke already and now it's just

1605
01:13:53,320 --> 01:13:54,200
Speaker 4: more stuff to pay for.

1606
01:13:54,960 --> 01:13:58,400
Speaker 22: Quite honestly, Heather, I looked and I just had my

1607
01:13:58,479 --> 01:14:01,639
Speaker 22: head in my mouth because I thought, thank goodness, those

1608
01:14:01,680 --> 01:14:03,759
Speaker 22: people are safe, because if that had been a national

1609
01:14:03,840 --> 01:14:08,479
Speaker 22: tragedy where young Navy officers had lost their lives, that

1610
01:14:08,560 --> 01:14:11,320
Speaker 22: would have been a far far true.

1611
01:14:11,400 --> 01:14:13,479
Speaker 4: I mean, glass half full, I totally get it. Has

1612
01:14:13,560 --> 01:14:15,439
Speaker 4: anybody said to you whether this is going to be

1613
01:14:15,520 --> 01:14:17,799
Speaker 4: more expensive or less expensive than the arena cleanup?

1614
01:14:19,920 --> 01:14:22,519
Speaker 22: No, they haven't. But what I have been briefed on

1615
01:14:22,920 --> 01:14:25,439
Speaker 22: is that actually this is so far a lot more

1616
01:14:25,520 --> 01:14:28,920
Speaker 22: straightforward than that, and that we don't have any leakage

1617
01:14:28,960 --> 01:14:30,080
Speaker 22: occurring at present.

1618
01:14:30,800 --> 01:14:33,240
Speaker 4: Listen on Wellington City Council. Are we yet at the

1619
01:14:33,360 --> 01:14:35,120
Speaker 4: stage where the government intervens.

1620
01:14:36,280 --> 01:14:39,960
Speaker 22: Well, it's the shambles and the fact that the long

1621
01:14:40,080 --> 01:14:41,680
Speaker 22: term plan is now having to go back to the

1622
01:14:41,800 --> 01:14:44,400
Speaker 22: drawing board, that it's already one of the most highly

1623
01:14:45,400 --> 01:14:49,080
Speaker 22: biggest increases in rates in the country. That Wellingtonians are

1624
01:14:49,120 --> 01:14:52,720
Speaker 22: sort of despairing about the council's focus on itself rather

1625
01:14:52,840 --> 01:14:54,559
Speaker 22: than the people it's meant to serve. Those are all

1626
01:14:54,680 --> 01:14:58,760
Speaker 22: factors that I'm certainly concerned about, and I know that

1627
01:14:58,840 --> 01:15:02,960
Speaker 22: the Minister for Local Government, Simeon Brown, is concerned about.

1628
01:15:03,040 --> 01:15:06,240
Speaker 22: He is watching the situation very closely, and he has

1629
01:15:06,280 --> 01:15:08,360
Speaker 22: a number of options under the Local Government Act.

1630
01:15:08,840 --> 01:15:11,600
Speaker 4: Is he going to use those options now or is

1631
01:15:11,640 --> 01:15:13,320
Speaker 4: he going to wait until I think it's May next

1632
01:15:13,439 --> 01:15:15,760
Speaker 4: year when they are likely to have another crack at

1633
01:15:15,800 --> 01:15:16,519
Speaker 4: the long term plan.

1634
01:15:17,840 --> 01:15:20,639
Speaker 22: Well, look, he will be taking advice on that himself

1635
01:15:20,720 --> 01:15:23,240
Speaker 22: and making his own judgments about that. Under the Local

1636
01:15:23,320 --> 01:15:26,240
Speaker 22: Government Act, there are a number of options that he has.

1637
01:15:26,360 --> 01:15:29,920
Speaker 22: You often hear people talking about a commissioner, but there

1638
01:15:29,960 --> 01:15:32,400
Speaker 22: are things other than a commissioner that he can do.

1639
01:15:32,600 --> 01:15:35,599
Speaker 4: And it sound advice on that you're making it sound

1640
01:15:35,640 --> 01:15:37,760
Speaker 4: like a Crown monitor maybe a consideration right now.

1641
01:15:39,240 --> 01:15:41,960
Speaker 22: Well, I know, as I say, being upfront with you,

1642
01:15:42,120 --> 01:15:45,680
Speaker 22: I know that Simeon Brown shares my concerns that we

1643
01:15:45,880 --> 01:15:49,040
Speaker 22: have what appears to be not a very functional counsel

1644
01:15:49,160 --> 01:15:52,639
Speaker 22: in Wellington right now. We take that pretty seriously. He's

1645
01:15:52,680 --> 01:15:56,200
Speaker 22: looking carefully at that situation, taking advice on it, and

1646
01:15:56,360 --> 01:15:58,680
Speaker 22: if there is an action that the government can and

1647
01:15:58,720 --> 01:16:01,479
Speaker 22: should sensibly take, there will be prepared to brilliant.

1648
01:16:01,520 --> 01:16:03,320
Speaker 4: Hey, Nicola, thank you very much, really appreciate your time.

1649
01:16:03,360 --> 01:16:05,320
Speaker 4: As always, talked to again next week. That's Nichola Willis

1650
01:16:05,640 --> 01:16:08,800
Speaker 4: Finance Minister seventeen past six crunching.

1651
01:16:08,520 --> 01:16:10,360
Speaker 1: The numbers and getting the results.

1652
01:16:10,600 --> 01:16:13,439
Speaker 2: It's heather due to see Allen with the business hours

1653
01:16:13,520 --> 01:16:16,920
Speaker 2: thanks to my HR, the HR platform for SME on

1654
01:16:17,160 --> 01:16:18,400
Speaker 2: us talksb.

1655
01:16:20,320 --> 01:16:22,160
Speaker 4: Listen on the cost of I should give you a

1656
01:16:22,200 --> 01:16:24,519
Speaker 4: bit of context around at the cost of the arena cleanup.

1657
01:16:24,640 --> 01:16:27,800
Speaker 4: Remember Rena that rander ground there Mount mong and OUI

1658
01:16:27,960 --> 01:16:30,640
Speaker 4: that costs seven hundred million dollars to clean up. Now,

1659
01:16:30,720 --> 01:16:34,439
Speaker 4: if this vessel in some war doesn't seem like as

1660
01:16:34,479 --> 01:16:35,880
Speaker 4: big a job, then I guess you could put a

1661
01:16:35,920 --> 01:16:38,080
Speaker 4: cap and say seven hundred million dollars add to inflate

1662
01:16:38,240 --> 01:16:41,120
Speaker 4: a rising inflation and so on in factor that in.

1663
01:16:41,600 --> 01:16:43,599
Speaker 4: So at least we're not talking I mean, I've seen

1664
01:16:43,640 --> 01:16:45,960
Speaker 4: some estimates of like a billion dollars. Doesn't sound like

1665
01:16:46,000 --> 01:16:48,000
Speaker 4: we're talking about that, but you know, we'll keep an

1666
01:16:48,000 --> 01:16:50,559
Speaker 4: eye on it. On Nikola Willis, I've got to text

1667
01:16:50,560 --> 01:16:52,400
Speaker 4: you from Larry saying, hither it doesn't sound like Nichola

1668
01:16:52,400 --> 01:16:55,080
Speaker 4: Willis and Torrey Farno are tight at all. I've been

1669
01:16:55,200 --> 01:16:57,960
Speaker 4: thinking about whether the government should actually get involved in

1670
01:16:57,960 --> 01:17:00,559
Speaker 4: the Wellington City Council mess, and whether they're an upside

1671
01:17:00,560 --> 01:17:02,759
Speaker 4: to the government. There's an obvious downside to the government,

1672
01:17:03,120 --> 01:17:05,639
Speaker 4: which is that Wellington City Council is the poster child

1673
01:17:05,720 --> 01:17:10,240
Speaker 4: for left wing local government politics right and downside is

1674
01:17:10,320 --> 01:17:13,400
Speaker 4: right wing government cracks down on left wing council just

1675
01:17:13,400 --> 01:17:15,840
Speaker 4: because because we don't they don't like our ideas. That's

1676
01:17:15,880 --> 01:17:18,479
Speaker 4: the downside. The only upside that I can see at

1677
01:17:18,520 --> 01:17:21,280
Speaker 4: this stage is that it benefits only one person if

1678
01:17:21,320 --> 01:17:23,840
Speaker 4: they go in, and that is Nikola Willis, because she

1679
01:17:23,920 --> 01:17:26,719
Speaker 4: is a local MP. And there's a local MP standing

1680
01:17:26,840 --> 01:17:30,200
Speaker 4: up for the local town and getting rid of the

1681
01:17:30,240 --> 01:17:33,160
Speaker 4: council that are doing a rubbish job. So potentially, potentially

1682
01:17:33,560 --> 01:17:36,680
Speaker 4: there is upside for her in the government intervening there.

1683
01:17:36,720 --> 01:17:39,960
Speaker 4: And actually it's probably enough politically. I reckon, I reckon,

1684
01:17:39,960 --> 01:17:41,800
Speaker 4: They've got all the reasons to intervene. I got a

1685
01:17:41,840 --> 01:17:44,000
Speaker 4: political reason. Now they may as well. Six twenty one

1686
01:17:44,280 --> 01:17:50,000
Speaker 4: with us. Now we've got Shane Solly of Harbor Asset Management. Hey, Shane, Hey, listen,

1687
01:17:50,240 --> 01:17:52,320
Speaker 4: I'm very well, thank you, Shane. I'm fascinated by what's

1688
01:17:52,360 --> 01:17:53,840
Speaker 4: going on in China. So they're going to open up

1689
01:17:53,840 --> 01:17:55,519
Speaker 4: the stimulus taps a little bit more.

1690
01:17:56,760 --> 01:17:56,960
Speaker 14: Yep.

1691
01:17:57,120 --> 01:17:59,680
Speaker 26: So again we've seen a few policy announcements of last week.

1692
01:17:59,720 --> 01:18:02,240
Speaker 26: We say, in the weekend we saw another big announcement

1693
01:18:02,280 --> 01:18:05,639
Speaker 26: from the Chinese Master of Finance, their outlining planning spacely

1694
01:18:05,760 --> 01:18:10,040
Speaker 26: to issue more debt to boost property markets, recopitalize banks,

1695
01:18:10,240 --> 01:18:13,400
Speaker 26: assist local governments, and so on Saturday they talked about

1696
01:18:13,640 --> 01:18:17,240
Speaker 26: the potential to issue special sovereign bonds to recapitalize the

1697
01:18:17,280 --> 01:18:20,639
Speaker 26: big state owned banks, and it would also allow local

1698
01:18:20,680 --> 01:18:24,160
Speaker 26: governments to use remember two point through tree and of

1699
01:18:24,240 --> 01:18:28,240
Speaker 26: local governments special bonds to buy unsold homes. Really important

1700
01:18:28,280 --> 01:18:32,080
Speaker 26: because the local governments have been pretty hamstrung. They've had

1701
01:18:32,160 --> 01:18:34,840
Speaker 26: massive debt, and so this really allows them to repay

1702
01:18:34,920 --> 01:18:37,920
Speaker 26: debt and actually put some stimulus back in the economy

1703
01:18:37,960 --> 01:18:40,200
Speaker 26: pieces that's been missing in the Chinese economy.

1704
01:18:41,000 --> 01:18:43,840
Speaker 4: Now, capital markets initially seemed to be kind of disappointed

1705
01:18:43,880 --> 01:18:44,080
Speaker 4: by this.

1706
01:18:44,200 --> 01:18:47,400
Speaker 26: Should they have been, well, look, it's it was a

1707
01:18:47,400 --> 01:18:49,680
Speaker 26: bit light on detail and numbers, and this is what

1708
01:18:49,760 --> 01:18:53,080
Speaker 26: we've seen the last week also in terms these policy announcements.

1709
01:18:53,120 --> 01:18:57,559
Speaker 26: But certainly the Minister of Finance was be patient, We've

1710
01:18:57,560 --> 01:19:00,320
Speaker 26: got some more policy announcements coming, and he got asked

1711
01:19:00,360 --> 01:19:02,479
Speaker 26: a question about the scarlet things you said. Look, I

1712
01:19:02,479 --> 01:19:04,519
Speaker 26: won't say now, but it's going to be big, and

1713
01:19:04,600 --> 01:19:06,840
Speaker 26: that's pretty unusual. They don't normally say stuff like that.

1714
01:19:07,760 --> 01:19:10,960
Speaker 26: There's a bunch of policy and events coming up to

1715
01:19:11,000 --> 01:19:13,880
Speaker 26: the National People's Congress later in October, and it just

1716
01:19:14,000 --> 01:19:16,680
Speaker 26: feels like the Chinese regulators are putting more and more

1717
01:19:16,720 --> 01:19:20,639
Speaker 26: and more layers of supporting. It's certainly giving the economy

1718
01:19:20,680 --> 01:19:23,160
Speaker 26: a bit of a boost off the bottom. So there

1719
01:19:23,240 --> 01:19:25,519
Speaker 26: is some upside here. We had to see some more detail.

1720
01:19:26,280 --> 01:19:29,120
Speaker 4: Now, what does this mean do you think for the

1721
01:19:29,200 --> 01:19:30,280
Speaker 4: New Zealand economy.

1722
01:19:32,600 --> 01:19:33,800
Speaker 26: Look, we've got a bit of a way to go.

1723
01:19:33,960 --> 01:19:36,280
Speaker 26: We do need to see how this goes in terms

1724
01:19:36,320 --> 01:19:39,120
Speaker 26: of stimulating consumer confidence. That's what it's all about, right,

1725
01:19:39,160 --> 01:19:42,240
Speaker 26: trying to give people confidence and housing markets and that

1726
01:19:42,360 --> 01:19:45,040
Speaker 26: they can open up their own spending. And so if

1727
01:19:45,160 --> 01:19:47,760
Speaker 26: it happens that it would actually be broadly supportive for

1728
01:19:47,840 --> 01:19:51,280
Speaker 26: demand for New Zealand commodities, things like services like travel

1729
01:19:51,920 --> 01:19:54,320
Speaker 26: if it improves confidence, and also would be a bit

1730
01:19:54,360 --> 01:19:57,280
Speaker 26: of a boost to the Australian economy, which again is

1731
01:19:57,360 --> 01:19:59,760
Speaker 26: helpful for a lot of New Zealand businesses. There ever

1732
01:20:00,240 --> 01:20:02,760
Speaker 26: Australian activity, but we've got to let it roll through.

1733
01:20:03,520 --> 01:20:05,200
Speaker 26: We've seen a bit of a balance. People are a

1734
01:20:05,200 --> 01:20:08,360
Speaker 26: bit more optimistic, but we need to see some more detail.

1735
01:20:08,479 --> 01:20:10,639
Speaker 4: Yeah, fair enough. Now we've just been talking to Nichola

1736
01:20:10,680 --> 01:20:12,840
Speaker 4: Willis about the easing and the foreign investment laws. What

1737
01:20:12,880 --> 01:20:14,599
Speaker 4: do you reckon that means for the capital markets?

1738
01:20:15,200 --> 01:20:17,080
Speaker 26: Well, look, I think the best way putting it is

1739
01:20:17,400 --> 01:20:20,920
Speaker 26: the current policy has restricted the breadth of offshore investment

1740
01:20:21,000 --> 01:20:23,519
Speaker 26: New Zealand, and I think it has certainly pushed New

1741
01:20:23,600 --> 01:20:28,000
Speaker 26: Zealon down the list of the destinations for investors to

1742
01:20:28,439 --> 01:20:33,559
Speaker 26: go globally. So look, anything that actually sees that maybe

1743
01:20:33,680 --> 01:20:36,400
Speaker 26: we go back up the list. But I just sort

1744
01:20:36,400 --> 01:20:39,360
Speaker 26: of obviously point to there's been some really good offshore

1745
01:20:39,400 --> 01:20:43,639
Speaker 26: interest in our markets of late. There's obviously big bond holdings,

1746
01:20:43,680 --> 01:20:46,960
Speaker 26: but more recently we've had some massive capital raises. Now

1747
01:20:47,040 --> 01:20:49,559
Speaker 26: the used example of Auckland Eport raised one point four

1748
01:20:49,640 --> 01:20:53,759
Speaker 26: billion dollars. We saw a big injection from global investors

1749
01:20:53,760 --> 01:20:57,200
Speaker 26: really attracted to attractive New zeal On infrastructure. So I

1750
01:20:57,280 --> 01:20:59,840
Speaker 26: think there is plenty of appetite out there. They just

1751
01:21:00,160 --> 01:21:03,400
Speaker 26: need to know that they're actually there's a framework that

1752
01:21:03,479 --> 01:21:07,120
Speaker 26: doesn't penalize them, and I think also when I come

1753
01:21:07,200 --> 01:21:09,560
Speaker 26: back curious over cause are pretty powerful as well. So

1754
01:21:10,160 --> 01:21:12,759
Speaker 26: you know we have multiple services the capital. Just freeing

1755
01:21:12,920 --> 01:21:15,479
Speaker 26: up that access to international investors will be helpful to

1756
01:21:15,920 --> 01:21:18,479
Speaker 26: improve the pricing we get for our asses.

1757
01:21:18,640 --> 01:21:20,680
Speaker 4: Yeah, brilliant stuff. Hey, Shane, thanks for talking us through that.

1758
01:21:20,800 --> 01:21:22,880
Speaker 4: Enjoy the receive Evening that Shane Soally of Harbor Asset

1759
01:21:22,920 --> 01:21:23,880
Speaker 4: Management twenty four.

1760
01:21:23,720 --> 01:21:27,080
Speaker 1: Past six, crouching the lovers and getting the results.

1761
01:21:27,400 --> 01:21:30,840
Speaker 2: It's Heather Duplicy Ellen with the Business Hour thanks to

1762
01:21:31,000 --> 01:21:35,760
Speaker 2: my HR the HR solution for busy smys on news TALKSBI.

1763
01:21:36,160 --> 01:21:38,559
Speaker 4: Hey, Maheshmuralida is going to be with us after the news.

1764
01:21:38,640 --> 01:21:40,519
Speaker 4: If you recognize that name, it's because he was a

1765
01:21:40,600 --> 01:21:43,400
Speaker 4: candidate for the National Party in Auckland Central up against

1766
01:21:43,439 --> 01:21:45,560
Speaker 4: Chloe Swarbrick at the last election. He's an investor. He

1767
01:21:45,640 --> 01:21:48,120
Speaker 4: reckons we need to businesses here need to be putting

1768
01:21:48,160 --> 01:21:50,360
Speaker 4: some money aside to expand globally. He'll talk us through

1769
01:21:50,360 --> 01:21:54,479
Speaker 4: it when he's with us. Big day on Wednesday. Right,

1770
01:21:54,560 --> 01:21:57,560
Speaker 4: if you're watching economic data and if you're interested in

1771
01:21:57,600 --> 01:22:00,240
Speaker 4: what's going on with interest rates and so on, we've

1772
01:22:00,240 --> 01:22:03,480
Speaker 4: got the inflation number out there is a developing consensus,

1773
01:22:03,520 --> 01:22:05,640
Speaker 4: by the looks of things, that inflation is going to

1774
01:22:05,640 --> 01:22:07,479
Speaker 4: be back down to around the two percent mark, which

1775
01:22:07,520 --> 01:22:10,160
Speaker 4: is actually remarkable when you think about where it was

1776
01:22:10,280 --> 01:22:12,439
Speaker 4: not long ago. And if it hits surrounded about the

1777
01:22:12,439 --> 01:22:14,360
Speaker 4: two percent mark, it means we've officially got the thing

1778
01:22:14,479 --> 01:22:16,439
Speaker 4: beat right. So you've got the Reserve Bank A and Z,

1779
01:22:16,600 --> 01:22:19,880
Speaker 4: Benz and Kiwibank now all forecasting it's going to be

1780
01:22:19,920 --> 01:22:22,639
Speaker 4: sitting at two point three percent in two days time,

1781
01:22:23,280 --> 01:22:26,200
Speaker 4: ASB and Westpac even more optimistic they reckon it's going

1782
01:22:26,240 --> 01:22:27,360
Speaker 4: to be two point two percent.

1783
01:22:27,960 --> 01:22:28,080
Speaker 22: Now.

1784
01:22:28,240 --> 01:22:30,880
Speaker 4: That means obviously Reserve Bank can just get over this

1785
01:22:31,040 --> 01:22:33,000
Speaker 4: nonsense with the OC are still sitting as high as

1786
01:22:33,000 --> 01:22:34,639
Speaker 4: it is a just cut cut cut, cut cut, because

1787
01:22:34,640 --> 01:22:36,880
Speaker 4: we've got the thing beat right. Question is how much

1788
01:22:37,240 --> 01:22:40,720
Speaker 4: capital economics reckons there is now potential for the November Cup,

1789
01:22:40,760 --> 01:22:42,360
Speaker 4: which is at the end of November, by the way,

1790
01:22:42,840 --> 01:22:45,559
Speaker 4: to be seventy five bases points. The thing that will

1791
01:22:45,600 --> 01:22:48,320
Speaker 4: be the real consideration is where the domestic inflation has

1792
01:22:48,360 --> 01:22:50,400
Speaker 4: come back sufficiently? But how good is that? I mean,

1793
01:22:50,840 --> 01:22:51,920
Speaker 4: we're on the right path, aren't we.

1794
01:22:52,120 --> 01:22:58,280
Speaker 1: Headlines next, whether it's macro, micro or just playing economics.

1795
01:22:58,560 --> 01:23:01,840
Speaker 2: It's all on the business with Heather Duplessy Allen and

1796
01:23:02,120 --> 01:23:07,560
Speaker 2: my HR. The HR solution for busy SMEs, new stalksb stuff.

1797
01:23:07,479 --> 01:23:12,360
Speaker 27: Worgaint is your truck great? Didn't your card? My did

1798
01:23:12,880 --> 01:23:17,400
Speaker 27: expand house? There's a way, I'm I'm.

1799
01:23:17,400 --> 01:23:20,600
Speaker 4: Sure you're last, He praised, going to be with us

1800
01:23:20,640 --> 01:23:24,000
Speaker 4: in ten minutes time. Apparently Christopher Columbus. This is according

1801
01:23:24,080 --> 01:23:26,519
Speaker 4: to a new genetic study which has been done by

1802
01:23:26,560 --> 01:23:30,719
Speaker 4: Spanish scientists. Apparently he was Spanish and Jewish, which apparently

1803
01:23:30,800 --> 01:23:33,320
Speaker 4: sheds light on a century's old mystery. Anyway, Kevin's going

1804
01:23:33,360 --> 01:23:35,080
Speaker 4: to talk us through why that's important, winnings with us

1805
01:23:35,160 --> 01:23:39,759
Speaker 4: very shortly. Oh, thank god, thank god. Team New Zealand

1806
01:23:39,840 --> 01:23:42,280
Speaker 4: has just said it and put an end to this nonsense.

1807
01:23:42,360 --> 01:23:43,680
Speaker 4: Right they've just said you would have heard it in

1808
01:23:43,720 --> 01:23:46,280
Speaker 4: the headlines just then, that we're not going to We're

1809
01:23:46,320 --> 01:23:48,040
Speaker 4: not on the cards. This is New Zealand. We are

1810
01:23:48,080 --> 01:23:50,719
Speaker 4: not on the cards for the next America's Cup regatta

1811
01:23:50,760 --> 01:23:53,680
Speaker 4: if they win, basically because we're not ready. They say

1812
01:23:53,800 --> 01:23:56,600
Speaker 4: the Middle East is ready in two years. Barcelona is

1813
01:23:56,600 --> 01:23:58,880
Speaker 4: already ready. If we were to go to New Zealand, however,

1814
01:23:58,960 --> 01:24:01,920
Speaker 4: and that is a scenario. Years is not enough. Thank goodness,

1815
01:24:02,240 --> 01:24:04,400
Speaker 4: because now we can stop having this conversation because I

1816
01:24:04,439 --> 01:24:06,800
Speaker 4: don't know how much did Barcelona papers one hundred million bucks?

1817
01:24:07,080 --> 01:24:09,280
Speaker 4: Like one hundred we're gonna pay that.

1818
01:24:09,520 --> 01:24:09,880
Speaker 6: No, we're not.

1819
01:24:10,160 --> 01:24:13,519
Speaker 4: So they just it's almost like being broke. They're broken

1820
01:24:13,600 --> 01:24:16,400
Speaker 4: up with us. The boyfriend has broken up with us.

1821
01:24:16,880 --> 01:24:19,120
Speaker 4: And now we can do We'll watch a few sad

1822
01:24:19,200 --> 01:24:21,920
Speaker 4: movies and we'll get over it. It's twenty two away

1823
01:24:21,960 --> 01:24:22,400
Speaker 4: from seven.

1824
01:24:22,760 --> 01:24:24,519
Speaker 1: Heather duper Cy Len the key we.

1825
01:24:24,560 --> 01:24:27,080
Speaker 4: Investor reckons more businesses in New Zealand should be putting

1826
01:24:27,080 --> 01:24:30,320
Speaker 4: money aside to expand internationally. Apparently this would get our

1827
01:24:30,360 --> 01:24:32,880
Speaker 4: GDP up. It's one way of doing it. Phase one

1828
01:24:33,000 --> 01:24:37,800
Speaker 4: Venture CEO Mahesh Morilla Muralad is with me. Now, maheshifs

1829
01:24:37,840 --> 01:24:39,479
Speaker 4: totally stuffed up your name, I'm sorry.

1830
01:24:40,320 --> 01:24:42,320
Speaker 10: That's all right. You're not the first one, so that's

1831
01:24:42,320 --> 01:24:42,559
Speaker 10: all right.

1832
01:24:42,560 --> 01:24:44,519
Speaker 4: I would imagine that's the case. Hey, listen, thank you

1833
01:24:44,640 --> 01:24:47,200
Speaker 4: very much for joining us. I'm kind of surprised that

1834
01:24:47,320 --> 01:24:50,759
Speaker 4: that businesses aren't already thinking about trying to get international customers.

1835
01:24:51,680 --> 01:24:53,960
Speaker 14: Well, I think it's a story that we have right

1836
01:24:54,080 --> 01:24:57,559
Speaker 14: where we're an entrepreneurial country to islands in the corner

1837
01:24:57,560 --> 01:25:00,840
Speaker 14: of the world, but we don't see scale doesn't happen

1838
01:25:01,000 --> 01:25:06,360
Speaker 14: naturally to us. The same entrepreneur, the same university student

1839
01:25:06,560 --> 01:25:09,400
Speaker 14: in the US or in India has the same level

1840
01:25:09,400 --> 01:25:12,960
Speaker 14: of skills as anyone in New Zealand, but they see

1841
01:25:13,040 --> 01:25:15,479
Speaker 14: scale and we don't. So we have to actually have

1842
01:25:15,600 --> 01:25:18,519
Speaker 14: to like go out of our way to start thinking

1843
01:25:18,640 --> 01:25:19,800
Speaker 14: globally from day one?

1844
01:25:20,479 --> 01:25:23,280
Speaker 4: Is it hard to is it? Is it a difficult

1845
01:25:23,400 --> 01:25:25,160
Speaker 4: thing to try to get a customer overseas?

1846
01:25:26,080 --> 01:25:26,560
Speaker 1: No, it's not.

1847
01:25:27,920 --> 01:25:30,160
Speaker 10: I mean, look, it's it's not complex.

1848
01:25:30,400 --> 01:25:34,400
Speaker 14: It's hard, right, you're probably working one point one one

1849
01:25:34,439 --> 01:25:37,920
Speaker 14: point two times what you'd have to do initially, and

1850
01:25:38,200 --> 01:25:40,719
Speaker 14: it's a little bit more expensive. But you can imagine,

1851
01:25:40,880 --> 01:25:43,519
Speaker 14: I'm sure you can imagine, Heather, that the dividends on

1852
01:25:43,680 --> 01:25:45,599
Speaker 14: that is significantly more.

1853
01:25:45,720 --> 01:25:45,840
Speaker 6: Right.

1854
01:25:45,920 --> 01:25:47,760
Speaker 14: So if you if you just go out of your

1855
01:25:47,800 --> 01:25:50,200
Speaker 14: way to win one more customer or one customer in

1856
01:25:50,240 --> 01:25:53,040
Speaker 14: the US or in India or in South Asia and

1857
01:25:53,040 --> 01:25:56,479
Speaker 14: the Middle East, it pays so much down the road.

1858
01:25:56,720 --> 01:25:58,839
Speaker 4: So why don't we have this idea of scale.

1859
01:26:00,320 --> 01:26:03,679
Speaker 14: It's it's it's because we it's because we just don't

1860
01:26:03,800 --> 01:26:05,439
Speaker 14: see that, right, Like we're on the corner of the world.

1861
01:26:05,800 --> 01:26:09,479
Speaker 14: We were richer once nearly if a couple of decades

1862
01:26:09,520 --> 01:26:11,679
Speaker 14: ago we were fine, we probably got.

1863
01:26:11,560 --> 01:26:12,479
Speaker 10: A little bit complacent.

1864
01:26:13,040 --> 01:26:16,639
Speaker 14: We haven't connected with our Kiwi, diaspro overseas as much.

1865
01:26:17,280 --> 01:26:18,920
Speaker 14: I think this is a small country thing, right, Like

1866
01:26:19,320 --> 01:26:23,080
Speaker 14: you the kings and queens in any situation end up

1867
01:26:23,280 --> 01:26:26,760
Speaker 14: blaming that glass ceiling and you don't look outside and

1868
01:26:26,840 --> 01:26:29,720
Speaker 14: look overseas. It's we talk about cutting the pie up

1869
01:26:30,120 --> 01:26:31,920
Speaker 14: more often than growing the pie.

1870
01:26:32,840 --> 01:26:36,839
Speaker 4: So if you were to to go for certain customers,

1871
01:26:36,880 --> 01:26:39,040
Speaker 4: which which countries would you be targeting.

1872
01:26:39,360 --> 01:26:41,400
Speaker 10: Well, you look, you look at where demand is.

1873
01:26:41,840 --> 01:26:45,200
Speaker 14: US is still going nuts, at least is going nuts,

1874
01:26:45,479 --> 01:26:48,200
Speaker 14: Southeast Asia is going nuts, and India is going nuts. Right,

1875
01:26:48,240 --> 01:26:51,040
Speaker 14: so you have four and of that, culturally you're more

1876
01:26:51,160 --> 01:26:53,639
Speaker 14: we're more connected to the US and the Commonwealth countries,

1877
01:26:53,920 --> 01:26:56,880
Speaker 14: which are Southeast Asia and India, right, And so those

1878
01:26:56,920 --> 01:27:00,599
Speaker 14: would be the natural places. US obviously the easy because

1879
01:27:00,640 --> 01:27:04,559
Speaker 14: law and order signals all of that work. But you'd

1880
01:27:04,640 --> 01:27:07,200
Speaker 14: take a bet on any one of this whichever is

1881
01:27:07,320 --> 01:27:09,720
Speaker 14: more in line with the business that you have.

1882
01:27:10,760 --> 01:27:13,599
Speaker 4: I've got a taxi from ben It says, our freight

1883
01:27:13,640 --> 01:27:17,200
Speaker 4: system here is third world. It's crap, and that's part.

1884
01:27:17,000 --> 01:27:17,360
Speaker 22: Of the shot.

1885
01:27:17,600 --> 01:27:18,479
Speaker 4: What do you think, sure?

1886
01:27:18,800 --> 01:27:19,280
Speaker 1: Sure, yeah.

1887
01:27:19,280 --> 01:27:22,080
Speaker 14: I mean you don't have to send stuff from New

1888
01:27:22,160 --> 01:27:24,160
Speaker 14: Zealand to start a business from New Zealand, right Like,

1889
01:27:24,240 --> 01:27:27,800
Speaker 14: for example, you could start a textile and manufacturing organization

1890
01:27:28,000 --> 01:27:31,400
Speaker 14: that thing in India or China and then make sure

1891
01:27:31,520 --> 01:27:34,720
Speaker 14: that you market it better Exeter and then sell it

1892
01:27:34,800 --> 01:27:39,040
Speaker 14: to the US A la zuu correct ala zero. You

1893
01:27:39,120 --> 01:27:41,160
Speaker 14: can do it by Amazon, you can do it by

1894
01:27:41,240 --> 01:27:45,000
Speaker 14: Facebook marketplaces. The thing is to try to find ways

1895
01:27:45,280 --> 01:27:47,680
Speaker 14: to not make excuses. I mean, the government's gone a

1896
01:27:47,920 --> 01:27:49,880
Speaker 14: good way in regards to reaching out and saying hey,

1897
01:27:49,880 --> 01:27:52,360
Speaker 14: we've got to be global, but our entrepreneurs and our

1898
01:27:52,400 --> 01:27:54,760
Speaker 14: businesses have to go, hey, we've got to do this.

1899
01:27:54,960 --> 01:27:57,720
Speaker 14: We have to start earning global coin.

1900
01:27:58,120 --> 01:27:59,920
Speaker 4: I find it fascinating what you said about the die

1901
01:28:00,320 --> 01:28:02,680
Speaker 4: because you're not the first person I've heard say this

1902
01:28:02,840 --> 01:28:05,720
Speaker 4: that there are other like the Irish, for example, are

1903
01:28:05,800 --> 01:28:09,400
Speaker 4: really fantastic at kind of harnessing the potential of the

1904
01:28:09,439 --> 01:28:11,360
Speaker 4: diaspora and making it work for them. If we were

1905
01:28:11,439 --> 01:28:13,559
Speaker 4: to and we don't, and if we were to how

1906
01:28:13,600 --> 01:28:14,160
Speaker 4: would we do it?

1907
01:28:15,040 --> 01:28:17,800
Speaker 14: I mean I was in the US about two weeks ago.

1908
01:28:17,920 --> 01:28:21,400
Speaker 14: There are so many kiwis doing so well. I think

1909
01:28:21,600 --> 01:28:25,760
Speaker 14: we have to start talking about global from day one,

1910
01:28:25,880 --> 01:28:28,559
Speaker 14: So reaching out to more of these, more of our

1911
01:28:28,840 --> 01:28:31,360
Speaker 14: kiwis who are doing so well overseas, right, like so

1912
01:28:31,840 --> 01:28:35,759
Speaker 14: more of our news media, more of our leaders looking

1913
01:28:35,840 --> 01:28:38,920
Speaker 14: for best practice globally and saying this is not good enough.

1914
01:28:39,040 --> 01:28:41,240
Speaker 14: Like the All Blacks mean so much to us, I

1915
01:28:41,400 --> 01:28:44,559
Speaker 14: think because they're one of the best examples of US

1916
01:28:44,920 --> 01:28:47,240
Speaker 14: hitting like great levels from a global perspective.

1917
01:28:47,280 --> 01:28:49,080
Speaker 4: What do we want the diaspora to do? I mean,

1918
01:28:49,160 --> 01:28:52,120
Speaker 4: it's one thing to look at somebody doing really well overseas,

1919
01:28:52,200 --> 01:28:54,360
Speaker 4: reading the news or something. But then what value is

1920
01:28:54,400 --> 01:28:55,080
Speaker 4: it to us?

1921
01:28:56,000 --> 01:28:58,920
Speaker 14: A couple of things, role modeling that we can achieve

1922
01:28:59,160 --> 01:29:02,599
Speaker 14: great things, that we can achieve global thanks to bringing

1923
01:29:02,720 --> 01:29:05,680
Speaker 14: back best practice. Right, How do we think about this?

1924
01:29:05,760 --> 01:29:07,720
Speaker 14: How do we think about scale? For example, one of

1925
01:29:07,760 --> 01:29:09,360
Speaker 14: the things you think about when you think about scales.

1926
01:29:09,720 --> 01:29:13,040
Speaker 14: Don't think about scale straight away. Just understand the market.

1927
01:29:13,160 --> 01:29:15,880
Speaker 14: Just make one dollar first, and then the systems and

1928
01:29:15,960 --> 01:29:19,400
Speaker 14: so forth. Global capital, it's actually the US market's US

1929
01:29:19,439 --> 01:29:20,880
Speaker 14: capitals once you go there.

1930
01:29:20,960 --> 01:29:21,759
Speaker 1: It's quite easy.

1931
01:29:22,120 --> 01:29:24,640
Speaker 14: But you need role models other kiwis who've done that,

1932
01:29:24,960 --> 01:29:26,599
Speaker 14: and then we need to look at them and go, oh,

1933
01:29:26,920 --> 01:29:27,760
Speaker 14: I can do that too.

1934
01:29:28,280 --> 01:29:28,479
Speaker 16: Yeah.

1935
01:29:28,520 --> 01:29:30,600
Speaker 4: Interesting. Hey, that's a very interesting thought that you've given us.

1936
01:29:30,640 --> 01:29:32,479
Speaker 4: Thank you so much for that. Mahesh. It's Mahesh Moralla.

1937
01:29:33,760 --> 01:29:36,040
Speaker 4: I'm going to give up Mahesh M from here on

1938
01:29:36,160 --> 01:29:40,280
Speaker 4: in on this show. Maheshim Phase one ventures CEO's all me.

1939
01:29:40,400 --> 01:29:43,000
Speaker 4: It's not him that's the problem. Listen. I'll tell you

1940
01:29:43,160 --> 01:29:45,439
Speaker 4: what I was fascinated by something I came out yesterday,

1941
01:29:45,439 --> 01:29:47,880
Speaker 4: which is a list of what the public sector boards

1942
01:29:47,920 --> 01:29:49,600
Speaker 4: of directors are getting paid. You're going to want to

1943
01:29:49,600 --> 01:29:51,719
Speaker 4: hear this. We're going to talk about the shortly seventeen

1944
01:29:51,760 --> 01:29:52,639
Speaker 4: away from seven.

1945
01:29:53,200 --> 01:29:56,679
Speaker 2: Everything from SMEs to the big corporates, The Business Hour

1946
01:29:57,040 --> 01:30:00,639
Speaker 2: with Heather Dup of Cles and my Hr The solution

1947
01:30:00,840 --> 01:30:03,400
Speaker 2: for busy smy on News Talks It be.

1948
01:30:03,720 --> 01:30:07,120
Speaker 4: Hither we could export traffic management because no other country

1949
01:30:07,160 --> 01:30:08,639
Speaker 4: does it as well as we do, so we could

1950
01:30:08,680 --> 01:30:10,640
Speaker 4: advise them what to do and then export millions of

1951
01:30:10,720 --> 01:30:13,639
Speaker 4: cones as well. Angus, what a fantastic idea. You're basically

1952
01:30:13,720 --> 01:30:16,120
Speaker 4: doing what Mahish said we should do with us right now.

1953
01:30:16,160 --> 01:30:20,439
Speaker 4: As Devin Gray UK corresponding to Kevin Hi there Gevin

1954
01:30:20,680 --> 01:30:23,640
Speaker 4: this public inquiry into how this woman died in Salisbury,

1955
01:30:23,720 --> 01:30:26,360
Speaker 4: the Novachok case. What don't we know that we need

1956
01:30:26,439 --> 01:30:26,600
Speaker 4: to know?

1957
01:30:28,240 --> 01:30:30,280
Speaker 5: Yeah, a very good question. I think plenty of people

1958
01:30:30,360 --> 01:30:31,800
Speaker 5: will be asking. We've seen to have a lot of

1959
01:30:31,880 --> 01:30:36,200
Speaker 5: public inquiries in this instance. It's really I think in

1960
01:30:37,000 --> 01:30:41,800
Speaker 5: looking at how perhaps future first responders might be better protected.

1961
01:30:42,240 --> 01:30:45,720
Speaker 5: The inquiry will examine the circumstances leading up to the

1962
01:30:45,760 --> 01:30:49,200
Speaker 5: death and try to establish where the responsibility lies and

1963
01:30:49,360 --> 01:30:52,600
Speaker 5: highlight identy lessons. That's the official sort of reasons for

1964
01:30:52,720 --> 01:30:56,679
Speaker 5: doing it. Forty four year old Dawn Sturgis was killed

1965
01:30:56,720 --> 01:31:00,960
Speaker 5: after coming into contact with novi Chok, just four months

1966
01:31:01,320 --> 01:31:05,000
Speaker 5: after the same chemical weapon was used to target Serge

1967
01:31:05,200 --> 01:31:07,880
Speaker 5: scrip All, a former Russian spy, in Salisbury. Of course,

1968
01:31:07,920 --> 01:31:11,320
Speaker 5: it became known as the Salisbury poisonings back in March

1969
01:31:11,400 --> 01:31:15,840
Speaker 5: of twenty eighteen. The Scripps survived. However, it appears Dawn

1970
01:31:15,880 --> 01:31:19,439
Speaker 5: Sturges with her then boyfriend, found a package in a

1971
01:31:19,640 --> 01:31:24,680
Speaker 5: public wastebin, thought it was luxury perfume and took it home.

1972
01:31:24,800 --> 01:31:27,479
Speaker 5: She obviously put it on herself and sadly later died.

1973
01:31:27,560 --> 01:31:32,639
Speaker 5: He incidentally was very very seriously ill, but managed to survive.

1974
01:31:33,400 --> 01:31:37,200
Speaker 5: The inquiry starts at the Guildhall in Salisbury in just

1975
01:31:38,360 --> 01:31:41,599
Speaker 5: four hours time from now, but after a one week

1976
01:31:41,680 --> 01:31:46,439
Speaker 5: where they will have heard from missus Sturgess's mother. The

1977
01:31:46,520 --> 01:31:48,760
Speaker 5: rest of the week then focuses on the experience of

1978
01:31:48,840 --> 01:31:52,800
Speaker 5: those local responders, and then after that first week there'll

1979
01:31:52,800 --> 01:31:55,080
Speaker 5: be a week's break and then moving into central London

1980
01:31:55,320 --> 01:31:58,320
Speaker 5: where I'll hear about the targeting of Serge and you

1981
01:31:58,520 --> 01:32:03,040
Speaker 5: really scrip Ol, the former Russian spy and his daughter. Incidentally,

1982
01:32:03,400 --> 01:32:08,560
Speaker 5: some of the public hearings will be on will be redacted. Effectively,

1983
01:32:08,560 --> 01:32:10,360
Speaker 5: they're going to be on a short delay and that

1984
01:32:10,479 --> 01:32:12,519
Speaker 5: could mean that some of it is not heard in

1985
01:32:12,640 --> 01:32:15,880
Speaker 5: public owing to the fact that there are national security fears.

1986
01:32:15,920 --> 01:32:19,960
Speaker 5: The Scriptols themselves not giving evidence fears for their security.

1987
01:32:20,400 --> 01:32:23,160
Speaker 4: Kevin, what do you make of Poland suspending the right

1988
01:32:23,240 --> 01:32:23,759
Speaker 4: to asylum?

1989
01:32:25,479 --> 01:32:26,599
Speaker 5: Yeah, very very interesting.

1990
01:32:26,680 --> 01:32:26,920
Speaker 6: This so.

1991
01:32:27,000 --> 01:32:29,439
Speaker 5: Donald Tusk is the current Prime Minister of Poland, and

1992
01:32:30,160 --> 01:32:35,120
Speaker 5: he was also the former head of the European Commission,

1993
01:32:35,800 --> 01:32:39,800
Speaker 5: and as such, everything that the countries did he was

1994
01:32:39,920 --> 01:32:42,760
Speaker 5: very keen in seeing sorry, the European Council. I meant

1995
01:32:42,800 --> 01:32:45,840
Speaker 5: to say, he was very supportive of the Unified Block

1996
01:32:45,920 --> 01:32:49,280
Speaker 5: with countries, you know, aligning policies and dejectives. But now

1997
01:32:49,320 --> 01:32:51,760
Speaker 5: he's Prime Minister of his own country, things seem to

1998
01:32:51,840 --> 01:32:55,680
Speaker 5: be changing, shall I say. And he's basically saying that

1999
01:32:55,760 --> 01:33:01,519
Speaker 5: Belarus and Russia are behind a massive migrat into Poland,

2000
01:33:02,240 --> 01:33:05,360
Speaker 5: and it's he claiming it to be hybrid warfare. What

2001
01:33:05,479 --> 01:33:08,519
Speaker 5: he's suggesting is that those countries, Belarus and Russia are

2002
01:33:08,600 --> 01:33:13,760
Speaker 5: deliberately getting these migrants that are from mostly from the

2003
01:33:14,320 --> 01:33:19,720
Speaker 5: Middle East but also from North of Africa, going through Belarus,

2004
01:33:19,800 --> 01:33:23,600
Speaker 5: and they're encouraging them to go into Poland to destabilize

2005
01:33:23,640 --> 01:33:26,920
Speaker 5: the European Union. Both countries incidentally deny this is doing,

2006
01:33:27,160 --> 01:33:30,719
Speaker 5: but certainly the numbers entering Poland from Middle East, Africa,

2007
01:33:30,800 --> 01:33:34,200
Speaker 5: Asia absolutely rocketing, and Poland simply said have had enough

2008
01:33:34,240 --> 01:33:35,640
Speaker 5: and saying right, well, we're going to sort of have

2009
01:33:35,720 --> 01:33:39,800
Speaker 5: a temporary suspension of that. However, he's got to get

2010
01:33:39,880 --> 01:33:43,040
Speaker 5: that sort of through the European Union and that will

2011
01:33:43,040 --> 01:33:45,840
Speaker 5: be a tough ass because it is Poland and every

2012
01:33:45,960 --> 01:33:52,439
Speaker 5: country's law that they have to process asylum seekers. So yeah,

2013
01:33:52,560 --> 01:33:54,120
Speaker 5: there's going to be a bit of a standoff here.

2014
01:33:54,400 --> 01:33:58,200
Speaker 4: Interesting. Now, why is it significant that Christopher Columbus might

2015
01:33:58,240 --> 01:33:59,360
Speaker 4: have been Spanish and Jewish.

2016
01:34:01,320 --> 01:34:04,880
Speaker 5: Yeah, it's just a change of what the historians think

2017
01:34:05,560 --> 01:34:10,000
Speaker 5: and have always thought, because they've always really thought that

2018
01:34:10,520 --> 01:34:14,600
Speaker 5: he was from Genoa and was an Italian. However, the

2019
01:34:14,680 --> 01:34:19,280
Speaker 5: study of DNA actually now contradicts that traditional theory, which

2020
01:34:19,360 --> 01:34:23,080
Speaker 5: many historians have actually questioned. Anyway, they actually think he

2021
01:34:23,280 --> 01:34:27,479
Speaker 5: concealed his Jewish identity or converted to Catholicism in order

2022
01:34:27,560 --> 01:34:32,040
Speaker 5: to escape religious persecution. That they believe that those expeditions

2023
01:34:32,080 --> 01:34:35,080
Speaker 5: across the Atlantic in fourteen ninety two, which of course,

2024
01:34:35,280 --> 01:34:37,519
Speaker 5: you know, pretty much changed the course of world history,

2025
01:34:38,040 --> 01:34:40,679
Speaker 5: that he was probably born in Western Europe and yet

2026
01:34:40,960 --> 01:34:45,320
Speaker 5: likely in Spain. This was after a study of really

2027
01:34:45,400 --> 01:34:49,960
Speaker 5: lots of different parts, but also it began at Granada

2028
01:34:50,160 --> 01:34:54,120
Speaker 5: University with a historian there exhooming what were believe to

2029
01:34:54,200 --> 01:34:57,160
Speaker 5: be the remains of Columbus from Sevil Cathedral and then

2030
01:34:57,240 --> 01:34:58,200
Speaker 5: testing the DNA.

2031
01:34:58,560 --> 01:35:01,120
Speaker 4: How fascinating. Hey, GN, thanks very much, really appreciate us.

2032
01:35:01,160 --> 01:35:05,400
Speaker 4: Kevin Gray, our UK correspondent, Heather can we finally lose

2033
01:35:05,520 --> 01:35:09,599
Speaker 4: the team New Zealand name. I think I will always

2034
01:35:09,720 --> 01:35:13,599
Speaker 4: be slightly perplexed by how much Grant Dalton has got

2035
01:35:13,720 --> 01:35:16,920
Speaker 4: under our scina. It's we are a little irrational about it,

2036
01:35:17,000 --> 01:35:19,639
Speaker 4: aren't we, Maybe because it's like a boyfriend who's breaking

2037
01:35:19,720 --> 01:35:22,080
Speaker 4: up with us is doing the dirty with Barcelona. Nine

2038
01:35:22,080 --> 01:35:25,040
Speaker 4: away from seven, I talk you through next what the

2039
01:35:25,120 --> 01:35:27,559
Speaker 4: boards of directors on the public coin are getting news

2040
01:35:27,600 --> 01:35:28,320
Speaker 4: talk ZEDB.

2041
01:35:28,800 --> 01:35:32,040
Speaker 1: Whether it's macro MicroB or just playing economics.

2042
01:35:32,200 --> 01:35:35,160
Speaker 2: It's all on the Business Hour with Heather Duplicy Allen

2043
01:35:35,320 --> 01:35:39,320
Speaker 2: and my HR, the HR platform for SME NEWSTALKSB.

2044
01:35:40,280 --> 01:35:42,160
Speaker 4: I get six away from seven, Get a load of this. Okay,

2045
01:35:42,400 --> 01:35:44,320
Speaker 4: So yesterday a list came out of what all the

2046
01:35:44,360 --> 01:35:47,320
Speaker 4: boards of directors across state owned enterprises and Crown entities

2047
01:35:47,320 --> 01:35:50,320
Speaker 4: and Crown research institutes are paid. And what is fascinating

2048
01:35:50,400 --> 01:35:53,719
Speaker 4: about this is that some of the boards of directors,

2049
01:35:53,760 --> 01:35:56,439
Speaker 4: the ones that are paid the absolute most on the

2050
01:35:56,640 --> 01:36:01,759
Speaker 4: taxpayer coin, are on the boards of out doing terribly.

2051
01:36:02,080 --> 01:36:04,960
Speaker 4: Like really, there is no it's not like there is

2052
01:36:05,080 --> 01:36:07,800
Speaker 4: no consistency here. This one is doing great, Let's pay

2053
01:36:07,840 --> 01:36:08,280
Speaker 4: them heaps.

2054
01:36:08,320 --> 01:36:08,920
Speaker 10: No, not at all.

2055
01:36:09,240 --> 01:36:13,040
Speaker 4: The top that the highest paid board member is Terse Walsh,

2056
01:36:13,800 --> 01:36:18,720
Speaker 4: chair of A New Zealand's board, paid two hundred and

2057
01:36:18,960 --> 01:36:23,120
Speaker 4: seventy thousand dollars in the year end of June twenty

2058
01:36:23,200 --> 01:36:25,840
Speaker 4: twenty three. Can I just remind you how badly in

2059
01:36:25,920 --> 01:36:28,000
Speaker 4: New Zealand is doing. They made no money in the

2060
01:36:28,080 --> 01:36:30,960
Speaker 4: second half of last year. They're doing so badly. They're

2061
01:36:30,960 --> 01:36:34,519
Speaker 4: shutting down routes and changing others. They are always late.

2062
01:36:34,640 --> 01:36:36,680
Speaker 4: I love the stuff. I just want to say when

2063
01:36:36,720 --> 01:36:39,080
Speaker 4: I get on an ear New Zealand plane, absolute ballers,

2064
01:36:39,240 --> 01:36:43,439
Speaker 4: best people out, but the company is shite. So how

2065
01:36:43,479 --> 01:36:45,799
Speaker 4: is she getting two hundred and seventy thousand dollars anyway?

2066
01:36:46,360 --> 01:36:49,639
Speaker 4: Number four on the top paid board members list, Neil

2067
01:36:49,720 --> 01:36:52,439
Speaker 4: Quigley one hundred and seventy thousand dollars, is the board

2068
01:36:52,520 --> 01:36:55,160
Speaker 4: chair of the Reserve Bank of New Zealand. This is

2069
01:36:55,200 --> 01:36:57,760
Speaker 4: the reserve bank that had one job keep inflation under

2070
01:36:57,800 --> 01:36:59,599
Speaker 4: control and it's stuffed it up. Now, don't come at

2071
01:36:59,680 --> 01:37:02,000
Speaker 4: me with an of the inflation went up everywhere. Yeah,

2072
01:37:02,000 --> 01:37:04,479
Speaker 4: inflation went up everywhere, but look at how badly they

2073
01:37:04,520 --> 01:37:06,760
Speaker 4: stuffed it up in New Zealand. Inflation was going up

2074
01:37:06,800 --> 01:37:09,840
Speaker 4: and eighteen months later they were still pumping free money

2075
01:37:09,880 --> 01:37:14,000
Speaker 4: into the system, dur and then also completely overcooked it

2076
01:37:14,760 --> 01:37:16,400
Speaker 4: as I just illustrated. And now they appear to have

2077
01:37:16,439 --> 01:37:18,360
Speaker 4: cracked down too hard so they can't do their job

2078
01:37:18,400 --> 01:37:20,800
Speaker 4: properly at all. I like Neil. Neil seems like a

2079
01:37:20,800 --> 01:37:24,840
Speaker 4: straight up guy. But the Reserve Bank is shite, isn't it.

2080
01:37:24,960 --> 01:37:27,000
Speaker 4: Now's the board chair getting one hundred and seventy thousand

2081
01:37:27,000 --> 01:37:32,479
Speaker 4: dollars Keith Turner, board of Transpower, New Zealand's chair one

2082
01:37:32,560 --> 01:37:35,800
Speaker 4: hundred do we need to put Just play the clown

2083
01:37:35,880 --> 01:37:38,040
Speaker 4: music in your head. Play the clown music in your head,

2084
01:37:38,120 --> 01:37:41,560
Speaker 4: because this is Transpower's board chair got one hundred and

2085
01:37:41,560 --> 01:37:43,880
Speaker 4: twenty one thousand dollars. And remember what did they do?

2086
01:37:44,400 --> 01:37:47,360
Speaker 4: Nuts out of the pylon, didn't they? So he's getting

2087
01:37:47,439 --> 01:37:48,040
Speaker 4: that much money?

2088
01:37:48,840 --> 01:37:49,280
Speaker 1: Can go on?

2089
01:37:49,520 --> 01:37:49,920
Speaker 3: Can go on?

2090
01:37:50,120 --> 01:37:50,519
Speaker 1: Can go on?

2091
01:37:50,600 --> 01:37:52,560
Speaker 4: Because it is just a crazy list. But also the

2092
01:37:52,680 --> 01:37:55,720
Speaker 4: highest paying boards right, this is the collective of all

2093
01:37:55,800 --> 01:37:57,760
Speaker 4: of the directors what they get paid. Number seven so

2094
01:37:57,760 --> 01:38:00,760
Speaker 4: a New Zealand Meridian, Genesis, Reserve Bank, Mercury Blood and

2095
01:38:00,800 --> 01:38:04,720
Speaker 4: number six Transpower number seven Land Corp Farming paid its

2096
01:38:04,800 --> 01:38:08,559
Speaker 4: directors three hundred and two thousand dollars. Just a reminder,

2097
01:38:09,040 --> 01:38:11,920
Speaker 4: Land Corp lost twenty six million dollars last year, Like

2098
01:38:12,000 --> 01:38:14,280
Speaker 4: must be the worst farmers in the country and yet

2099
01:38:14,720 --> 01:38:16,800
Speaker 4: they managed to pay their director so much. I feel

2100
01:38:16,880 --> 01:38:19,560
Speaker 4: like there's a case here for incentive payments in the

2101
01:38:19,560 --> 01:38:21,639
Speaker 4: public six or what do you reckon? We would go, yeah,

2102
01:38:21,680 --> 01:38:23,160
Speaker 4: we'll get you a little bit and if you do

2103
01:38:23,320 --> 01:38:25,559
Speaker 4: well then you get heaps more. But if you don't

2104
01:38:25,760 --> 01:38:29,800
Speaker 4: in New Zealand Transpower Land Corp at ol you will

2105
01:38:29,880 --> 01:38:32,560
Speaker 4: not get massive payments. Just saying that's a thing for

2106
01:38:32,640 --> 01:38:33,080
Speaker 4: the future.

2107
01:38:33,240 --> 01:38:36,240
Speaker 9: And Morning Glory by Oasis to play us out today.

2108
01:38:36,760 --> 01:38:40,559
Speaker 9: The tickets for the Oasis shows at Melbourne's Marvel Stadium

2109
01:38:40,600 --> 01:38:42,560
Speaker 9: and Sydney's a Corpse Stadium, which probably a lot of

2110
01:38:42,640 --> 01:38:45,559
Speaker 9: keys were flying over for. They teenchnically go on sale tomorrow,

2111
01:38:45,640 --> 01:38:47,760
Speaker 9: but there was a big pre sale ballot thing where

2112
01:38:47,800 --> 01:38:49,880
Speaker 9: you could get drawn from it. So a few people

2113
01:38:49,920 --> 01:38:51,880
Speaker 9: did manage to get ahold of tickets today, including a

2114
01:38:52,000 --> 01:38:54,800
Speaker 9: New Zealand Herald online sports edit at Alex Powell, who

2115
01:38:54,840 --> 01:38:57,040
Speaker 9: managed to get himself a ticket. So congratulations Alex. This

2116
01:38:57,200 --> 01:38:59,360
Speaker 9: is his favorite Oasis song And if you were hanging

2117
01:38:59,400 --> 01:39:02,320
Speaker 9: out for the for the general sale tomorrow. I wish

2118
01:39:02,320 --> 01:39:03,599
Speaker 9: you all the luck, and I hope you'll be sitting

2119
01:39:03,680 --> 01:39:04,400
Speaker 9: right next to Alex.

2120
01:39:04,640 --> 01:39:06,040
Speaker 4: And Alex paid how much?

2121
01:39:06,840 --> 01:39:08,479
Speaker 9: There's three hundred and something, wasn't it.

2122
01:39:08,560 --> 01:39:09,759
Speaker 4: Three hundred and fifty dollars?

2123
01:39:09,840 --> 01:39:10,800
Speaker 10: One hundred and fifty dollars?

2124
01:39:10,840 --> 01:39:13,200
Speaker 9: Which is I mean, that's how much Trevor Scott is right,

2125
01:39:13,200 --> 01:39:15,040
Speaker 9: and that's just over here, so I thought it was

2126
01:39:15,080 --> 01:39:15,840
Speaker 9: actually quite cheap.

2127
01:39:16,000 --> 01:39:18,880
Speaker 4: Yeah, and Alex doesn't have flights yet because the flights

2128
01:39:18,880 --> 01:39:20,760
Speaker 4: don't go on sale until a year before, so he's

2129
01:39:20,800 --> 01:39:21,760
Speaker 4: got to wait till the eighth five.

2130
01:39:21,760 --> 01:39:23,479
Speaker 9: I think Alex will probably swim over there if he

2131
01:39:23,520 --> 01:39:23,680
Speaker 9: has to.

2132
01:39:23,840 --> 01:39:26,519
Speaker 4: Know, and Alex doesn't have accommodation, I see.

2133
01:39:26,439 --> 01:39:28,360
Speaker 9: You'll sleep outside the stadium if he has too.

2134
01:39:28,640 --> 01:39:31,360
Speaker 4: Alex is going to do what it. Suddenly the rest

2135
01:39:31,400 --> 01:39:32,920
Speaker 4: of us are like, maybe we should go as well.

2136
01:39:33,160 --> 01:39:35,120
Speaker 4: So maybe we'll see you there. Enjoy the rest of

2137
01:39:35,120 --> 01:39:37,000
Speaker 4: the evening. Nice to be back with you see tomorrow.

2138
01:39:48,680 --> 01:39:51,800
Speaker 2: For more from Heather Duplessy Allen Drive, listen live to

2139
01:39:51,960 --> 01:39:54,960
Speaker 2: news Talks. It'd be from four pm weekdays, or follow

2140
01:39:55,040 --> 01:39:56,760
Speaker 2: the podcast on iHeartRadio.