1 00:00:00,120 --> 00:00:03,120 Speaker 1: I mentioned earlier this week were the Prime Minister. This 2 00:00:03,200 --> 00:00:05,280 Speaker 1: apartment I read about in one roof over the weekends 3 00:00:05,280 --> 00:00:07,880 Speaker 1: for sale and downtown Auckland at seventeen million dollars. It's 4 00:00:07,880 --> 00:00:10,960 Speaker 1: been on the market literally for years. Real estate agents 5 00:00:11,000 --> 00:00:13,680 Speaker 1: keep talking about offshore interest. Trouble is, unless you're an 6 00:00:13,720 --> 00:00:16,919 Speaker 1: expat or Australian or Singaporean, you are locked out of 7 00:00:16,920 --> 00:00:18,599 Speaker 1: buying property in this country. Of course, and yet the 8 00:00:18,600 --> 00:00:21,560 Speaker 1: government are big on foreign capital golden visas. The hold 9 00:00:21,640 --> 00:00:23,880 Speaker 1: up is New Zealand first, who are blocking a move 10 00:00:23,920 --> 00:00:27,240 Speaker 1: to loosen up access to the property market. Our rumors 11 00:00:27,280 --> 00:00:29,680 Speaker 1: have swirled around the place about negotiations. We talked about 12 00:00:29,680 --> 00:00:31,480 Speaker 1: all this with the Prime Minister on Monday. Of course, 13 00:00:31,920 --> 00:00:34,159 Speaker 1: Sir Winston Peters is with us. Very good morning to you, 14 00:00:35,120 --> 00:00:38,199 Speaker 1: Good morning, just before I get to housing, tomk and Taylor, 15 00:00:39,120 --> 00:00:41,600 Speaker 1: what should happen to the bloke who abused you yesterday? 16 00:00:41,640 --> 00:00:46,600 Speaker 2: Do you think, well, you know, as an apporting circumstance, 17 00:00:46,640 --> 00:00:51,720 Speaker 2: Winnington and Auckland definitely need railways and need infrastructure. The 18 00:00:51,720 --> 00:00:54,720 Speaker 2: need investments and needed it now. And I'm making this 19 00:00:54,760 --> 00:00:58,080 Speaker 2: announcement and this guy comes out of left field, interrupts 20 00:00:58,160 --> 00:01:00,680 Speaker 2: from behind it look like a secure matter, and a 21 00:01:00,760 --> 00:01:03,480 Speaker 2: security guy said move on. Then we're on the front 22 00:01:03,520 --> 00:01:05,400 Speaker 2: and the rest is history. Now Tom and Taylor called 23 00:01:05,440 --> 00:01:07,960 Speaker 2: me to say, look, they have seriously apologize. It's well 24 00:01:07,959 --> 00:01:10,240 Speaker 2: now it's for them now an employment matter and that 25 00:01:10,360 --> 00:01:12,120 Speaker 2: being the case over. But you don't want to comment. 26 00:01:11,880 --> 00:01:15,959 Speaker 1: On it, Okay, When in your view, and you're a lawyer, 27 00:01:16,319 --> 00:01:19,880 Speaker 1: when do you lose being an individual and start being 28 00:01:19,880 --> 00:01:24,600 Speaker 1: an employee for a company. 29 00:01:23,200 --> 00:01:25,760 Speaker 2: When you sign up to the code of conduct when 30 00:01:25,760 --> 00:01:28,240 Speaker 2: you got the job in the first place, and if 31 00:01:28,240 --> 00:01:31,959 Speaker 2: you're wearing their company is Insignia, then maybe you should 32 00:01:32,000 --> 00:01:32,680 Speaker 2: be remembering. 33 00:01:32,440 --> 00:01:36,000 Speaker 1: That, okay, if you also and also if. 34 00:01:35,880 --> 00:01:40,520 Speaker 2: Your company actually gets contracts from Acumi rail on from railways, 35 00:01:41,280 --> 00:01:43,600 Speaker 2: would we otherwise for you to keep the counsel, wouldn't it? 36 00:01:43,680 --> 00:01:46,399 Speaker 1: Yes? It would if he loses his job. Would you 37 00:01:46,440 --> 00:01:46,920 Speaker 1: feel bad? 38 00:01:48,400 --> 00:01:51,200 Speaker 2: No, I wouldn't faintly because I tell you I'm not 39 00:01:51,200 --> 00:01:53,280 Speaker 2: going to be part of the process anymore. Because I've 40 00:01:53,280 --> 00:01:55,480 Speaker 2: said it, Tom, and it's over to you. But this 41 00:01:55,600 --> 00:01:58,120 Speaker 2: sort of behavior where you just come along and there's 42 00:01:58,240 --> 00:02:00,960 Speaker 2: a whole lot of people saying there, including media, and 43 00:02:01,000 --> 00:02:03,360 Speaker 2: you decide the first thing you'll say is bollocks and 44 00:02:03,400 --> 00:02:07,160 Speaker 2: start attacking someone without listen to what he's saying. That 45 00:02:07,200 --> 00:02:10,119 Speaker 2: behavior is far too prevalent in New Zealand. It's disgraceful. 46 00:02:10,480 --> 00:02:11,760 Speaker 2: We're not going to put up with an inside of 47 00:02:11,800 --> 00:02:12,760 Speaker 2: Parliament or outside of it. 48 00:02:12,880 --> 00:02:15,560 Speaker 1: Okay, do you know what the word moraification means? 49 00:02:16,760 --> 00:02:17,079 Speaker 2: Yes? 50 00:02:17,680 --> 00:02:19,520 Speaker 1: How come they having so much trouble with it at 51 00:02:19,520 --> 00:02:19,919 Speaker 1: the moment. 52 00:02:22,400 --> 00:02:25,920 Speaker 2: Look, I got kicked out of partment yesterday because I said, 53 00:02:26,440 --> 00:02:28,800 Speaker 2: you know what, I am being involved in moraification. But 54 00:02:28,800 --> 00:02:31,240 Speaker 2: I went down and got a suntan every Thursday to 55 00:02:31,280 --> 00:02:34,160 Speaker 2: make myself look darker than I really am so I 56 00:02:34,200 --> 00:02:38,000 Speaker 2: can be more able to claim the Mari quantumist that party. 57 00:02:38,040 --> 00:02:41,119 Speaker 2: Maria did and for that and I used the first 58 00:02:41,120 --> 00:02:44,320 Speaker 2: party just a simple question. The speaker kicked me out. 59 00:02:44,360 --> 00:02:45,919 Speaker 2: Now you know, there was a time when humor did 60 00:02:45,960 --> 00:02:48,600 Speaker 2: matter in this country and exposure hip popacy in a 61 00:02:48,680 --> 00:02:51,680 Speaker 2: humanus way does matter. So I've got no regrets about 62 00:02:51,680 --> 00:02:55,880 Speaker 2: that at all. Moraification actually means without mandate and without sanction, 63 00:02:56,000 --> 00:02:58,840 Speaker 2: and without discussion or debate with the New Zealand public. 64 00:02:59,200 --> 00:03:01,840 Speaker 2: You elite in the civil service and elsewhere decide you've 65 00:03:01,840 --> 00:03:03,360 Speaker 2: got to change the whole country, with the country likes 66 00:03:03,360 --> 00:03:06,079 Speaker 2: it or not. It happened massively between twenty twenty and 67 00:03:06,080 --> 00:03:09,079 Speaker 2: twenty three three, and it's said I've durn and Crucipken said, 68 00:03:09,120 --> 00:03:11,320 Speaker 2: we're not going to go on doing that because in 69 00:03:11,360 --> 00:03:14,840 Speaker 2: the end they oldly people of this country, whatever their background, 70 00:03:14,840 --> 00:03:17,080 Speaker 2: their freed or their race, they're the ones that matter. 71 00:03:17,400 --> 00:03:19,080 Speaker 1: But here's the problem. And I rose this with the 72 00:03:19,080 --> 00:03:21,400 Speaker 1: Prime Minister on Monday and it came out and I 73 00:03:21,400 --> 00:03:23,680 Speaker 1: asked them specifically about your case with m Fat and 74 00:03:23,720 --> 00:03:27,320 Speaker 1: the job and the reference or reporting seem to indicate 75 00:03:27,960 --> 00:03:31,639 Speaker 1: that you're upset, and your questioning of that job add 76 00:03:32,160 --> 00:03:35,680 Speaker 1: was a surprise to them. How is it possible that 77 00:03:35,760 --> 00:03:37,800 Speaker 1: a year and a half into a new government, all 78 00:03:38,000 --> 00:03:41,600 Speaker 1: parties of whom campaigned on the moverification of this country, 79 00:03:41,640 --> 00:03:45,800 Speaker 1: in rectifying it, they can still eighteen months in be surprised. 80 00:03:47,160 --> 00:03:50,120 Speaker 2: Look at the Old River Thames mantras, which I've used 81 00:03:50,160 --> 00:03:53,520 Speaker 2: for forty more year and more years than my career 82 00:03:53,520 --> 00:03:55,800 Speaker 2: in politics. You know how it goes. Well, men may 83 00:03:55,800 --> 00:03:58,200 Speaker 2: come and men may go, but I go on forever. Well, 84 00:03:58,240 --> 00:04:00,960 Speaker 2: it's that sort of complex that's in the civil service 85 00:04:01,240 --> 00:04:05,600 Speaker 2: who say, despite the the elections, despite the people's boys, 86 00:04:05,640 --> 00:04:09,200 Speaker 2: despite the mandate that was given to a new government, Well, 87 00:04:09,440 --> 00:04:11,000 Speaker 2: well they'll wait till you go and they'll carry on 88 00:04:11,040 --> 00:04:13,040 Speaker 2: us before. My answer to them is, noble you want, 89 00:04:13,360 --> 00:04:15,880 Speaker 2: you'll do what the coalition agreement says, and if you 90 00:04:15,920 --> 00:04:17,960 Speaker 2: don't do that, then we're going to come for you 91 00:04:18,440 --> 00:04:21,039 Speaker 2: because you're not responding to a democratic bush all the 92 00:04:21,040 --> 00:04:22,200 Speaker 2: people right. 93 00:04:22,560 --> 00:04:26,240 Speaker 1: Help me out here. Seventeen million dollar apartment in Auckland. 94 00:04:26,680 --> 00:04:31,120 Speaker 1: It's it's not sold and there's interest from overseas. You're 95 00:04:31,160 --> 00:04:33,200 Speaker 1: blocking it. What's your problem with it? 96 00:04:35,080 --> 00:04:38,000 Speaker 2: Well, mister Husking, the first thing, if you're in real estate, 97 00:04:38,040 --> 00:04:40,680 Speaker 2: your nervous been on the market that long. It's overpriced. 98 00:04:40,720 --> 00:04:44,120 Speaker 2: It's number one. Don't ask it. Im going to ask 99 00:04:44,120 --> 00:04:46,839 Speaker 2: every real estate agent, El Daddy. It's massively other priced. 100 00:04:47,080 --> 00:04:50,320 Speaker 2: The second thing is this, Look, this is not the 101 00:04:50,400 --> 00:04:52,839 Speaker 2: area that we're concerned about. The National Party campaign on 102 00:04:52,920 --> 00:04:56,120 Speaker 2: two million, which would take which would take double that 103 00:04:57,000 --> 00:04:59,599 Speaker 2: at five million, it would take two hundred houses to 104 00:04:59,600 --> 00:05:02,240 Speaker 2: get to one bit in and that's still not an 105 00:05:02,320 --> 00:05:04,839 Speaker 2: investment in their country. It's just a bolt hole for 106 00:05:04,960 --> 00:05:07,200 Speaker 2: them in case they wanted to come or not. You 107 00:05:07,200 --> 00:05:09,720 Speaker 2: remember the person who got in six days from the 108 00:05:09,800 --> 00:05:12,160 Speaker 2: John Key Govern's citizenship to buy in the South Island. 109 00:05:12,480 --> 00:05:13,560 Speaker 2: He's never spent one day. 110 00:05:14,200 --> 00:05:16,640 Speaker 1: Get I get all that. But if you're out there 111 00:05:16,640 --> 00:05:19,680 Speaker 1: as foreign minister, and and you've got your golden visa, 112 00:05:19,760 --> 00:05:21,920 Speaker 1: and my understanding is the golden visa's working in the 113 00:05:22,240 --> 00:05:24,960 Speaker 1: interest and the and the bloke comes from San Francisco 114 00:05:25,080 --> 00:05:26,839 Speaker 1: and he wants to buy, you know, a ten million 115 00:05:26,839 --> 00:05:29,800 Speaker 1: dollar bolt hole. What's still the problem with that? 116 00:05:29,920 --> 00:05:34,400 Speaker 2: I don't get it, because we are looking for a 117 00:05:34,440 --> 00:05:36,239 Speaker 2: commitment to our economy. 118 00:05:36,400 --> 00:05:38,680 Speaker 1: But that's golden visa, is it you? 119 00:05:38,800 --> 00:05:40,640 Speaker 2: No, no, no, that's just buying a house. What's the 120 00:05:40,680 --> 00:05:41,320 Speaker 2: investment here? 121 00:05:42,000 --> 00:05:44,600 Speaker 1: The gold because you put five or ten million dollars 122 00:05:44,600 --> 00:05:45,280 Speaker 1: into the country. 123 00:05:46,320 --> 00:05:49,960 Speaker 2: Yeah, but you just said that you put into a house. 124 00:05:50,240 --> 00:05:53,440 Speaker 1: No, no, no, forget it. I'm confusing you. You get 125 00:05:53,440 --> 00:05:56,279 Speaker 1: a golden visa by investing ten million dollars into the country, 126 00:05:56,320 --> 00:05:58,599 Speaker 1: You buy a business, you start employing people. But while 127 00:05:58,640 --> 00:06:01,640 Speaker 1: you're here you need to buy house. And currently under 128 00:06:01,680 --> 00:06:03,480 Speaker 1: your rules you can go airbnb at or rent. It 129 00:06:03,480 --> 00:06:04,719 Speaker 1: doesn't seem to make sense to me. 130 00:06:05,240 --> 00:06:07,960 Speaker 2: No, no, see you're actually trying to you're actually making 131 00:06:08,000 --> 00:06:09,719 Speaker 2: sense with what you're saying. But that's not what was 132 00:06:09,720 --> 00:06:12,920 Speaker 2: put to us. What was put to us that anybody 133 00:06:13,160 --> 00:06:14,960 Speaker 2: was putting down two million could buy a house. Well, 134 00:06:15,000 --> 00:06:17,200 Speaker 2: now you can tell you this all the leafy suburbs 135 00:06:17,200 --> 00:06:17,800 Speaker 2: and art walker. 136 00:06:18,839 --> 00:06:21,720 Speaker 1: Oh well, hold on, like I'm negotiating between you and 137 00:06:21,720 --> 00:06:23,680 Speaker 1: the Prime minister. The Prime Minister told us on Monday 138 00:06:23,760 --> 00:06:26,920 Speaker 1: that you and him have had discussions and they came 139 00:06:27,000 --> 00:06:29,440 Speaker 1: up to five or six million dollars. They said, okay, 140 00:06:29,480 --> 00:06:32,080 Speaker 1: forget to five or six next to no houses in 141 00:06:32,080 --> 00:06:34,000 Speaker 1: this country as sold at five or six million dollars. 142 00:06:34,160 --> 00:06:37,159 Speaker 1: Give them some flash houses, let them buy a place, 143 00:06:37,200 --> 00:06:38,640 Speaker 1: invest in the country and get on with it. 144 00:06:39,360 --> 00:06:42,080 Speaker 2: Oh yeah, and better still, let them build a place 145 00:06:42,160 --> 00:06:46,920 Speaker 2: something new. Sure that's not taken from the not the 146 00:06:47,040 --> 00:06:49,719 Speaker 2: marketplace where so many New Zealners are looking for housing. 147 00:06:49,760 --> 00:06:52,960 Speaker 2: Now we have not got that rigid view, and the 148 00:06:53,040 --> 00:06:55,640 Speaker 2: Prime Minister should not be discussing our negotiations with you 149 00:06:56,040 --> 00:06:58,440 Speaker 2: with respect. If you want to be trusted, make sure 150 00:06:58,480 --> 00:07:00,480 Speaker 2: you get the negotiations done well. 151 00:07:00,480 --> 00:07:02,359 Speaker 1: All we did was asking a question as to what 152 00:07:02,400 --> 00:07:03,800 Speaker 1: the hold up, And you set the hold up to 153 00:07:03,839 --> 00:07:06,280 Speaker 1: you and you're having a negotiation. I just don't understand 154 00:07:06,320 --> 00:07:08,320 Speaker 1: the logic. I get your logic around say two million, 155 00:07:08,400 --> 00:07:10,480 Speaker 1: I understand that. But if somebody wants to come to 156 00:07:10,520 --> 00:07:12,760 Speaker 1: this country and spend six million dollars on a house 157 00:07:12,880 --> 00:07:15,600 Speaker 1: plus ten million dollars investing in the country building a business, 158 00:07:15,960 --> 00:07:17,440 Speaker 1: what can you possibly. 159 00:07:17,040 --> 00:07:19,880 Speaker 2: Oject to Look, you make a very powerful argument and 160 00:07:19,920 --> 00:07:22,920 Speaker 2: wearness thing, and we've got a talk on that basis, 161 00:07:23,360 --> 00:07:25,400 Speaker 2: and we'll hope to have them resolved very soon. But 162 00:07:25,440 --> 00:07:27,560 Speaker 2: we're not going to have the mass majority of Zealers 163 00:07:27,560 --> 00:07:29,600 Speaker 2: and the competition with the whole world. 164 00:07:29,400 --> 00:07:31,800 Speaker 1: At seven and nine million dollars, the mass majority of 165 00:07:31,840 --> 00:07:33,520 Speaker 1: New Zealanders aren't in competition. We know that. 166 00:07:34,840 --> 00:07:38,040 Speaker 2: Yeah, I get that, but that wasn't where this discussion began. 167 00:07:38,160 --> 00:07:40,360 Speaker 1: Oh, for goodness sake, I mean I don't. It's had 168 00:07:40,520 --> 00:07:42,160 Speaker 1: time to run a radio program in the country, for 169 00:07:42,200 --> 00:07:44,120 Speaker 1: God's sake. But this seems to me that that you're 170 00:07:44,120 --> 00:07:46,360 Speaker 1: not far apart. Why can't you sort it and just 171 00:07:46,400 --> 00:07:48,120 Speaker 1: get on with it and help this guy. All we 172 00:07:48,200 --> 00:07:50,240 Speaker 1: want is the country off its needs and working well. 173 00:07:51,040 --> 00:07:53,960 Speaker 2: No, mister Huskin, you are talking about a bolt hole. 174 00:07:54,000 --> 00:07:56,040 Speaker 2: Should you want to come Money's days just in case 175 00:07:56,080 --> 00:07:58,000 Speaker 2: something goes wrong and you're part of the world there, 176 00:07:58,040 --> 00:08:00,480 Speaker 2: how many homes were owned here by China that would 177 00:08:00,520 --> 00:08:01,120 Speaker 2: never occupy you. 178 00:08:01,240 --> 00:08:04,320 Speaker 1: But this is Winston's ancient history. It's previously no, no, no, no, 179 00:08:04,680 --> 00:08:06,720 Speaker 1: how about tied to the golden visa. You get a 180 00:08:06,760 --> 00:08:08,800 Speaker 1: golden visa with your five or ten million dollars and 181 00:08:08,800 --> 00:08:09,680 Speaker 1: you're allowed to buy a house. 182 00:08:09,720 --> 00:08:12,960 Speaker 2: Why can't I do that? Look, don't teach your grandmother 183 00:08:13,080 --> 00:08:15,120 Speaker 2: suck eggs. The realities don't know what you're talking about, 184 00:08:15,160 --> 00:08:17,640 Speaker 2: and we're working on it. But the reality is we've 185 00:08:17,640 --> 00:08:20,680 Speaker 2: made a disaster of immigration policy. Go to Singapore, go 186 00:08:20,720 --> 00:08:21,920 Speaker 2: to the INMS. You can do a lot of things 187 00:08:21,960 --> 00:08:23,480 Speaker 2: in all those countries, but you cannot get what you're 188 00:08:23,480 --> 00:08:26,760 Speaker 2: desausking for. But they come anyway because we don't have 189 00:08:26,800 --> 00:08:29,160 Speaker 2: a proper focus policy and we tend to get this 190 00:08:29,240 --> 00:08:31,920 Speaker 2: matter fixed up. I go at your point. I want 191 00:08:31,960 --> 00:08:35,760 Speaker 2: to see people coming with their billions, not just two 192 00:08:35,840 --> 00:08:38,520 Speaker 2: hundred people putting five minute each theme in. 193 00:08:38,640 --> 00:08:40,439 Speaker 1: With that sort of money, they've got to be able 194 00:08:40,440 --> 00:08:42,559 Speaker 1: to buy a house, don't. I Mean, what all I'm 195 00:08:42,600 --> 00:08:46,199 Speaker 1: saying is just pull every lever, just like, make every 196 00:08:46,240 --> 00:08:48,439 Speaker 1: effort to show us that we're trying to get off 197 00:08:48,440 --> 00:08:51,480 Speaker 1: our knees here and this seems to be a needless roadblock. 198 00:08:52,720 --> 00:08:55,160 Speaker 2: I look for all those tens and twenties and forties 199 00:08:55,160 --> 00:08:57,800 Speaker 2: and fifty thousand people on the motorway right now, the messages. 200 00:08:57,840 --> 00:09:00,240 Speaker 2: We're listening, but we're going to have a policy that works, 201 00:09:00,280 --> 00:09:02,280 Speaker 2: that looks a bit like Singapore, looks like the Emirates, 202 00:09:02,440 --> 00:09:04,560 Speaker 2: looks like the smart countries that have taken off while 203 00:09:04,600 --> 00:09:07,480 Speaker 2: we have been stagnant these last forty years with this 204 00:09:07,600 --> 00:09:10,440 Speaker 2: futile the idea of how what investment looks like we're 205 00:09:10,480 --> 00:09:13,080 Speaker 2: out to get with a party that announced one hundred 206 00:09:14,200 --> 00:09:17,679 Speaker 2: billion dollars a future fund, we mean business. But when 207 00:09:17,720 --> 00:09:19,080 Speaker 2: you ask the question, how are you going to get it? 208 00:09:19,240 --> 00:09:20,840 Speaker 2: All the rest of them got an answer, but we do. 209 00:09:20,920 --> 00:09:25,000 Speaker 1: Ever are you close to lifting this band on foreign houses? 210 00:09:27,480 --> 00:09:29,760 Speaker 2: You can say that it will not be in the budget, 211 00:09:30,040 --> 00:09:33,720 Speaker 2: but it is a work with a high concentration to 212 00:09:33,840 --> 00:09:36,240 Speaker 2: be successful and to be announced before too long. 213 00:09:36,480 --> 00:09:38,960 Speaker 1: Fantastic. Appreciate your time very much, Winston Peters. I think 214 00:09:39,000 --> 00:09:40,840 Speaker 1: we made some ground. 215 00:09:40,200 --> 00:09:43,080 Speaker 2: For more from the mic asking breakfast listen live to 216 00:09:43,200 --> 00:09:46,280 Speaker 2: news talks. It'd be from six am weekdays, or follow 217 00:09:46,320 --> 00:09:47,880 Speaker 2: the podcast on iHeartRadio.