1 00:00:00,000 --> 00:00:01,360 Speaker 1: And it was a big deal for Rod Duke to 2 00:00:01,400 --> 00:00:04,280 Speaker 1: go public with his concerns about the country. Yesterday, the 3 00:00:04,320 --> 00:00:07,440 Speaker 1: managing director of Brisco's was announcing his company's full year result. 4 00:00:07,520 --> 00:00:09,680 Speaker 1: He did well, He held on to its revenue in 5 00:00:09,720 --> 00:00:12,880 Speaker 1: a difficult year. They are smart operators at Brisco's. They 6 00:00:12,880 --> 00:00:14,840 Speaker 1: can bring blood out of a stone, it seems. But 7 00:00:14,920 --> 00:00:16,759 Speaker 1: you know, it's not part of the job description for 8 00:00:16,800 --> 00:00:19,200 Speaker 1: the managing director to pass comment on the government of 9 00:00:19,239 --> 00:00:21,319 Speaker 1: the day, but he did, and he turned up on 10 00:00:21,360 --> 00:00:24,960 Speaker 1: Ryan Bridges' show. But it is symptomatic of today's climate 11 00:00:25,040 --> 00:00:27,920 Speaker 1: because we are desperate, We are sick of the doldrums. 12 00:00:28,160 --> 00:00:30,800 Speaker 1: We want our captain to lead our way out of 13 00:00:30,880 --> 00:00:33,320 Speaker 1: the quicksand so Rod, as a corporate leader and a 14 00:00:33,440 --> 00:00:36,280 Speaker 1: leader in society, said the government needs to get its 15 00:00:36,440 --> 00:00:39,239 Speaker 1: us into gear and do something. He said, it's been 16 00:00:39,280 --> 00:00:41,519 Speaker 1: a year since the last lot, so there's been more 17 00:00:41,560 --> 00:00:45,040 Speaker 1: than enough time to get proactive. But then when he 18 00:00:45,120 --> 00:00:46,760 Speaker 1: was asked, well what should they do, he said, well, 19 00:00:46,800 --> 00:00:48,559 Speaker 1: that's not my business. I just want them to get 20 00:00:48,600 --> 00:00:50,599 Speaker 1: their ars into gear. And that's kind of the New 21 00:00:50,680 --> 00:00:53,840 Speaker 1: Zealand problem right there. Because we're really good at identifying 22 00:00:53,880 --> 00:00:56,800 Speaker 1: problems but we're not good at finding the solutions, so 23 00:00:56,840 --> 00:01:00,400 Speaker 1: we moan about them all the time. Now, interestingly, yesterday 24 00:01:00,720 --> 00:01:03,080 Speaker 1: we had the IMF come out and they said that 25 00:01:03,160 --> 00:01:05,920 Speaker 1: New Zealand needs to lower its corporate tax because we 26 00:01:05,959 --> 00:01:10,319 Speaker 1: were becoming uncompetitive. But they also said we need a 27 00:01:10,360 --> 00:01:12,960 Speaker 1: capital gains tax because the country needs to balance its 28 00:01:13,000 --> 00:01:15,640 Speaker 1: budget and we don't have enough revenue. So they were 29 00:01:15,680 --> 00:01:18,320 Speaker 1: saying we need to spend, but we also need to 30 00:01:18,400 --> 00:01:21,039 Speaker 1: raise the revenue to spend. So the IMF ha come 31 00:01:21,080 --> 00:01:25,639 Speaker 1: up with an answer as the current government reducing corporate tax, 32 00:01:26,840 --> 00:01:31,360 Speaker 1: not so far. Meanwhile, is the Labor Party championing a 33 00:01:31,520 --> 00:01:35,240 Speaker 1: capital gains tax? Well, no, not so far either. Is 34 00:01:35,280 --> 00:01:38,720 Speaker 1: there any a party that's offering both, No, not so far. 35 00:01:39,400 --> 00:01:41,679 Speaker 1: So where are the solutions? But thank you so much 36 00:01:41,800 --> 00:01:44,959 Speaker 1: Rod Duke for telling us the problems. For more from 37 00:01:44,959 --> 00:01:48,240 Speaker 1: early edition with Ryan Bridge, listen live to News Talks 38 00:01:48,240 --> 00:01:51,520 Speaker 1: at b from five am weekdays, or follow the podcast 39 00:01:51,560 --> 00:01:52,440 Speaker 1: on iHeartRadio