1 00:00:00,360 --> 00:00:03,240 Speaker 1: So Barbara Edmunds from the Labor Party, the Finance spokesperson, 2 00:00:03,279 --> 00:00:05,800 Speaker 1: is in front of the Investment Conference today representing the 3 00:00:05,840 --> 00:00:08,200 Speaker 1: Labor Party who may or may not be in charge 4 00:00:08,200 --> 00:00:11,040 Speaker 1: of Treasury benches in the future. Now the conference will 5 00:00:11,080 --> 00:00:14,080 Speaker 1: be waiting to see if Labor is on the infrastructure bus, 6 00:00:14,880 --> 00:00:17,599 Speaker 1: if they will support the projects the National League government 7 00:00:17,680 --> 00:00:20,400 Speaker 1: are into and proposing right now, and if they are 8 00:00:20,440 --> 00:00:25,040 Speaker 1: on board with foreign investments in our infrastructure plans. Barbara's 9 00:00:25,160 --> 00:00:27,680 Speaker 1: is actually the critical address of the weekend because yesterday 10 00:00:27,680 --> 00:00:31,440 Speaker 1: we heard the big concern is pipelines, the pipelines of 11 00:00:31,440 --> 00:00:34,080 Speaker 1: work overseas. Investors don't want to set up shop in 12 00:00:34,080 --> 00:00:36,720 Speaker 1: New Zealand for a project only to find that we 13 00:00:36,760 --> 00:00:38,760 Speaker 1: back out later and there's no more work for them, 14 00:00:38,920 --> 00:00:41,000 Speaker 1: leaving them with a big investment and nowhere to go. 15 00:00:41,479 --> 00:00:43,040 Speaker 1: And to be fair, National has done that with the 16 00:00:43,080 --> 00:00:46,040 Speaker 1: cancelation of big projects like the ferries. Labor also did 17 00:00:46,040 --> 00:00:49,000 Speaker 1: it with a moratorium on road development. So look, it 18 00:00:49,080 --> 00:00:51,560 Speaker 1: is time for a bipartisan accord on what we need 19 00:00:51,600 --> 00:00:53,800 Speaker 1: to do in this country. But that will be hard 20 00:00:53,800 --> 00:00:56,720 Speaker 1: to find as our parties have used infrastructure as a 21 00:00:56,760 --> 00:01:01,240 Speaker 1: way to differentiate between themselves and that's done. For instance, 22 00:01:01,400 --> 00:01:05,720 Speaker 1: roads are neither left wing nor right wing. Labour's anti 23 00:01:05,800 --> 00:01:09,520 Speaker 1: road sentiment has been based on faulty logic. Somehow they 24 00:01:09,600 --> 00:01:14,040 Speaker 1: think that building roads means more missions, which is ridiculous. 25 00:01:14,480 --> 00:01:17,880 Speaker 1: It means the same emissions but on bad roads. In fact, 26 00:01:17,880 --> 00:01:20,959 Speaker 1: it means more emissions as traffic gets stalled. A good 27 00:01:21,080 --> 00:01:24,119 Speaker 1: road is an efficient road, and an efficient road helps 28 00:01:24,160 --> 00:01:28,039 Speaker 1: with both emissions and productivity. And I wonder whether the 29 00:01:28,120 --> 00:01:30,960 Speaker 1: Labor Party sees this. So today all eyes on Barbara 30 00:01:31,080 --> 00:01:35,880 Speaker 1: to see if she's logical or ideological. For more fam 31 00:01:35,880 --> 00:01:39,160 Speaker 1: Earlily Edition with Ryan Bridge. Listen live to News Talks 32 00:01:39,160 --> 00:01:42,440 Speaker 1: it Be from five am weekdays, or follow the podcast 33 00:01:42,480 --> 00:01:43,360 Speaker 1: on iHeartRadio