1 00:00:00,040 --> 00:00:03,440 Speaker 1: Barry Sooper, Senior political correspondence with US Hallo, Barry, Good afternoon. 2 00:00:03,760 --> 00:00:05,720 Speaker 1: So we're going to have the income package or the 3 00:00:05,760 --> 00:00:07,400 Speaker 1: relief package announced tomorrow. 4 00:00:07,600 --> 00:00:10,440 Speaker 2: Yes, it will be announced tomorrow. And the reason Nicola 5 00:00:10,560 --> 00:00:14,640 Speaker 2: was told in post cabinet news conference today was that 6 00:00:14,720 --> 00:00:16,880 Speaker 2: there were certain things that had to be put in place, 7 00:00:16,920 --> 00:00:19,200 Speaker 2: and you can understand that they made the decision at 8 00:00:19,280 --> 00:00:21,799 Speaker 2: cabinet before coming down to talk to the media. But 9 00:00:22,600 --> 00:00:26,800 Speaker 2: Nikola Willis says, this crisis and that's a word that 10 00:00:26,960 --> 00:00:31,240 Speaker 2: was increasingly used at today's news conference, will affect the 11 00:00:31,320 --> 00:00:32,240 Speaker 2: government's books. 12 00:00:32,320 --> 00:00:36,279 Speaker 3: Issues were borrowing large sums of money to insulate New 13 00:00:36,320 --> 00:00:39,320 Speaker 3: Zealanders from this conflict, A conflict that is not of 14 00:00:39,360 --> 00:00:43,279 Speaker 3: our making, would increase debt and debt servicing costs and 15 00:00:43,320 --> 00:00:47,000 Speaker 3: potentially lead to a credit rating downgrade that would further 16 00:00:47,040 --> 00:00:50,120 Speaker 3: push out borrowing costs for the government, for business and 17 00:00:50,200 --> 00:00:53,680 Speaker 3: for households. However, we are very conscious that the conflict 18 00:00:53,760 --> 00:00:57,880 Speaker 3: is particularly impacting on low and middle income working families 19 00:00:57,880 --> 00:01:01,760 Speaker 3: with children. Therefore, the government will shortly be announcing timely, 20 00:01:01,960 --> 00:01:06,200 Speaker 3: temporary and targeted measures to support these households most affected 21 00:01:06,600 --> 00:01:10,600 Speaker 3: by fuel price increases. Kebnet did take decisions today and 22 00:01:10,640 --> 00:01:13,039 Speaker 3: we will announce the details of this tomorrow. 23 00:01:13,520 --> 00:01:18,000 Speaker 2: So certainly it's going to further in debt this nation. 24 00:01:18,120 --> 00:01:19,759 Speaker 1: That's not what she said, Well she did. 25 00:01:19,880 --> 00:01:22,080 Speaker 2: She said we will be borrowing more. 26 00:01:22,640 --> 00:01:25,520 Speaker 1: What she was warning about was the impact of borrowing 27 00:01:25,640 --> 00:01:28,040 Speaker 1: large sums. She wasn't saying that she would be borrowing. 28 00:01:28,080 --> 00:01:29,800 Speaker 2: Well, it'll be interesting to hear what she says. 29 00:01:30,080 --> 00:01:32,400 Speaker 1: I mean, yeah, I mean it's quite binary, isn't it. 30 00:01:32,440 --> 00:01:34,880 Speaker 1: You either cut or you borrow. So she's going to 31 00:01:34,959 --> 00:01:36,319 Speaker 1: have to cut something in order for it. 32 00:01:36,400 --> 00:01:37,240 Speaker 4: Well hat for it. 33 00:01:37,600 --> 00:01:39,720 Speaker 2: I don't know what they can cut. They could have 34 00:01:39,760 --> 00:01:43,199 Speaker 2: cut earlier on. But I think you know this situation 35 00:01:43,520 --> 00:01:46,880 Speaker 2: because it's a great unknown, for example, how long this 36 00:01:46,959 --> 00:01:49,840 Speaker 2: conflict's going to go on for and there's no doubt 37 00:01:49,920 --> 00:01:52,240 Speaker 2: that it will impact on the government's books. 38 00:01:52,800 --> 00:01:56,040 Speaker 1: Okay, now, what's the green solution? And are you a 39 00:01:56,120 --> 00:01:56,680 Speaker 1: huge fan? 40 00:01:58,840 --> 00:02:00,920 Speaker 2: I'm a big fan. I've written to the Prime Minister 41 00:02:01,760 --> 00:02:07,000 Speaker 2: today suggesting that he makes public transport free for three 42 00:02:07,040 --> 00:02:12,560 Speaker 2: months to help alleviate transport cost pressures. They've also suggested 43 00:02:12,600 --> 00:02:17,680 Speaker 2: the government should do work on a temporary crisis payment 44 00:02:17,760 --> 00:02:21,080 Speaker 2: basis to low and rural New Zealanders. I don't know 45 00:02:21,120 --> 00:02:23,720 Speaker 2: why rural. I thought the rural New Zealanders were doing 46 00:02:23,800 --> 00:02:27,040 Speaker 2: better than most, but they say that it would include 47 00:02:27,080 --> 00:02:29,320 Speaker 2: people on a benefit in order to help them with 48 00:02:29,440 --> 00:02:33,120 Speaker 2: transport costs. The only aspect of the whole package that 49 00:02:33,160 --> 00:02:36,640 Speaker 2: they've written to the Prime Minister about that's been costed 50 00:02:36,800 --> 00:02:40,080 Speaker 2: is the free public transport and i've cost about one 51 00:02:40,160 --> 00:02:43,239 Speaker 2: hundred and forty three point five million. Where the money 52 00:02:43,280 --> 00:02:45,000 Speaker 2: comes from? Who knows? 53 00:02:45,160 --> 00:02:48,280 Speaker 1: Yeah, well it's the Greens, so I probably know where actually, 54 00:02:48,320 --> 00:02:50,360 Speaker 1: other than the money tree. And what did you make 55 00:02:50,400 --> 00:02:53,000 Speaker 1: of Winston's Winston's State of the Nation speech. 56 00:02:53,680 --> 00:02:56,120 Speaker 2: Well, the point Winston has made early on in a 57 00:02:56,120 --> 00:02:58,680 Speaker 2: special I think you've got to remember this man as 58 00:02:58,720 --> 00:03:01,880 Speaker 2: a campaign or extraor ordinary, and he's fall into the 59 00:03:01,919 --> 00:03:04,720 Speaker 2: campaign at the moment. And the point that he made 60 00:03:04,760 --> 00:03:08,040 Speaker 2: about Chris Hopkins when he recently made his State of 61 00:03:08,080 --> 00:03:11,160 Speaker 2: the Nation address, he made it in front of the 62 00:03:11,160 --> 00:03:14,920 Speaker 2: Auckland Chamber of Commerce. And the point that Peter's made 63 00:03:15,000 --> 00:03:18,720 Speaker 2: was at least he draws his own audience. And when 64 00:03:18,760 --> 00:03:21,360 Speaker 2: you look at the hall that he filled yesterday and 65 00:03:21,400 --> 00:03:23,960 Speaker 2: he said it was overflowing, I wasn't there, so I 66 00:03:24,000 --> 00:03:27,359 Speaker 2: don't know, but there was a thousand apparently in the 67 00:03:27,360 --> 00:03:30,919 Speaker 2: hall and he said rooms were overflowing. So one thing 68 00:03:30,960 --> 00:03:33,359 Speaker 2: that Winston Peters is able to do in the lead 69 00:03:33,440 --> 00:03:37,800 Speaker 2: up to the elections is to phil Hall's old fashioned 70 00:03:37,840 --> 00:03:42,480 Speaker 2: type campaigning if you like. But Peters had to go 71 00:03:42,600 --> 00:03:46,520 Speaker 2: at both fon Terror and in New Zealand about how 72 00:03:46,680 --> 00:03:47,680 Speaker 2: the been managed. 73 00:03:47,760 --> 00:03:52,480 Speaker 5: Terry is twenty four times my salary. No, you might 74 00:03:52,720 --> 00:03:58,520 Speaker 5: like me very much, twenty four times myself. And that's 75 00:03:58,520 --> 00:04:00,840 Speaker 5: why now Pincher planned this year to show you what 76 00:04:01,040 --> 00:04:03,600 Speaker 5: our plan is for the economy and it doesn't include 77 00:04:03,720 --> 00:04:11,160 Speaker 5: stupid politicians. Volterra, our largest country's largest company, has gone 78 00:04:11,320 --> 00:04:15,600 Speaker 5: from a propped up nationalist company to a sellout globs 79 00:04:15,680 --> 00:04:19,280 Speaker 5: company and just one thing about nys in them. This 80 00:04:19,400 --> 00:04:23,479 Speaker 5: type of economic neoliberal libacy read its head recently when 81 00:04:23,480 --> 00:04:26,279 Speaker 5: they were calls for the government to sell its major 82 00:04:26,360 --> 00:04:29,919 Speaker 5: shielder steak in any Zealand. Does that ring about him? 83 00:04:31,560 --> 00:04:31,800 Speaker 2: Yes? 84 00:04:31,920 --> 00:04:34,080 Speaker 4: Any of your needs to stop calling itself the walk 85 00:04:34,160 --> 00:04:40,320 Speaker 4: and the sky, stop walls, bull dust and the public 86 00:04:40,400 --> 00:04:42,640 Speaker 4: behavior the mock and the sky. Can you conceive from 87 00:04:42,640 --> 00:04:47,960 Speaker 4: a wackamping in the sky concentrate on leaving on time. 88 00:04:52,040 --> 00:04:54,400 Speaker 2: Yeah, well, you know he's certainly demand of the moment, 89 00:04:54,440 --> 00:04:58,760 Speaker 2: there isn't he. And when he talks about Mars Horald's 90 00:04:59,080 --> 00:05:02,920 Speaker 2: pay at twenty four times his, I multiplied his salary 91 00:05:03,000 --> 00:05:06,719 Speaker 2: by twenty four and it comes out to seven point 92 00:05:06,720 --> 00:05:10,080 Speaker 2: three million dollars. So I assume that's the final payout 93 00:05:10,160 --> 00:05:14,480 Speaker 2: he gets. But you know this man, more than ninety 94 00:05:14,480 --> 00:05:18,160 Speaker 2: percent of farmers voted in favor of selling off friends, 95 00:05:18,200 --> 00:05:19,839 Speaker 2: so it is a farmer owned company. 96 00:05:20,080 --> 00:05:22,200 Speaker 1: Thank you very much, very appreciate it. Bear by the way, 97 00:05:22,200 --> 00:05:24,880 Speaker 1: congratulations on selling out your writer's week thing. 98 00:05:25,160 --> 00:05:25,680 Speaker 2: Oh thank you. 99 00:05:25,760 --> 00:05:27,240 Speaker 1: It must have been a really tiny haul. 100 00:05:28,880 --> 00:05:30,120 Speaker 2: I think it was a telephone box. 101 00:05:30,160 --> 00:05:33,440 Speaker 1: Actually sold out within five minutes because five people tickets. 102 00:05:33,440 --> 00:05:36,440 Speaker 1: Barry Soaper, senior political correspondent, I'll deal with more of 103 00:05:36,440 --> 00:05:39,320 Speaker 1: the poll in the ticket for more from hither Duplessy 104 00:05:39,360 --> 00:05:42,200 Speaker 1: Allen Drive. Listen live to news talks. It'd be from 105 00:05:42,240 --> 00:05:45,880 Speaker 1: four pm weekdays, or follow the podcast on iHeartRadio.