1 00:00:00,160 --> 00:00:01,840 Speaker 1: Is a house with US politics. 2 00:00:01,880 --> 00:00:02,480 Speaker 2: Hey Isarion? 3 00:00:03,000 --> 00:00:03,240 Speaker 1: Hello? 4 00:00:03,279 --> 00:00:03,559 Speaker 2: Hello? 5 00:00:03,800 --> 00:00:06,159 Speaker 1: A lot of talk around town, a lot of speculation 6 00:00:06,240 --> 00:00:09,120 Speaker 1: about this new Reserve Bank governor. What do we know? Yeah, 7 00:00:09,160 --> 00:00:11,680 Speaker 1: I've got a big update for you. It's understood that 8 00:00:11,720 --> 00:00:15,040 Speaker 1: an announcement is being made tomorrow on this. This is 9 00:00:15,080 --> 00:00:18,040 Speaker 1: a massive deal and it comes after Adrian Orr resigned 10 00:00:18,040 --> 00:00:20,880 Speaker 1: in March and Neil quickly resigned last month. So this 11 00:00:21,000 --> 00:00:24,360 Speaker 1: topic has been well traversed. Lots of discussion about why 12 00:00:24,440 --> 00:00:28,280 Speaker 1: some details were seemingly left out of information releases, quite 13 00:00:28,320 --> 00:00:30,960 Speaker 1: a lot as well of speculation in the background of 14 00:00:31,000 --> 00:00:34,120 Speaker 1: this one. Christian Hawksby has been the acting governor of 15 00:00:34,159 --> 00:00:37,760 Speaker 1: the Reserve Bank during this time, and financial business company 16 00:00:37,760 --> 00:00:41,040 Speaker 1: Bloomberg is reporting that a woman may be appointed to 17 00:00:41,159 --> 00:00:44,080 Speaker 1: the Central Bank's top role. Now that would actually be 18 00:00:44,120 --> 00:00:46,760 Speaker 1: the first time a woman is appointed to lead New 19 00:00:46,880 --> 00:00:50,559 Speaker 1: Zealand's central bank. Bloomberg also reporting there the new governor 20 00:00:50,640 --> 00:00:53,760 Speaker 1: is not someone from New Zealand. The Herald Liam dan 21 00:00:53,840 --> 00:00:57,040 Speaker 1: as Well reports that Bank of England Deputy Governor Sarah 22 00:00:57,120 --> 00:00:59,760 Speaker 1: Breeden is being tipped as one of the top women 23 00:01:00,080 --> 00:01:03,080 Speaker 1: for the job. So yes, it has understood an announcement 24 00:01:03,240 --> 00:01:06,479 Speaker 1: is taking place tomorrow will be across all the big updates. 25 00:01:06,680 --> 00:01:09,080 Speaker 1: It will be a huge deal and hopefully the end 26 00:01:09,080 --> 00:01:11,759 Speaker 1: of a rocky period for the Reserve Bank. So really 27 00:01:11,800 --> 00:01:15,240 Speaker 1: looking forward to that announcement. New Zealand First. We'll talk 28 00:01:15,240 --> 00:01:18,640 Speaker 1: to Shane Jones after five. But they're invoking the agree 29 00:01:18,680 --> 00:01:21,440 Speaker 1: to disagree. This is over the latest immigration policy from 30 00:01:21,480 --> 00:01:25,000 Speaker 1: the coalition. Yeah, it essentially means New Zealand First has 31 00:01:25,080 --> 00:01:27,679 Speaker 1: drawn a line in the sand here. So just going 32 00:01:27,720 --> 00:01:31,200 Speaker 1: into the policy, the Finance Minister and Immigration Minister have 33 00:01:31,240 --> 00:01:34,640 Speaker 1: announced changes to the skilled migrant visa. They're putting in 34 00:01:34,680 --> 00:01:38,319 Speaker 1: place two new residence pathways from mid next year. One 35 00:01:38,319 --> 00:01:41,120 Speaker 1: of them is in skilled work and another categorized for 36 00:01:41,200 --> 00:01:44,920 Speaker 1: trades and technicians. New Zealand First leader Winston Peters Well, 37 00:01:44,959 --> 00:01:47,319 Speaker 1: he's spoken to media from New York. He's there for 38 00:01:47,360 --> 00:01:50,120 Speaker 1: the UN and he's essentially calling for the country to 39 00:01:50,160 --> 00:01:52,320 Speaker 1: get on top of its skills and training as a 40 00:01:52,360 --> 00:01:53,160 Speaker 1: first point of call. 41 00:01:53,400 --> 00:01:56,160 Speaker 3: Zild First has that position and we've always said that 42 00:01:56,200 --> 00:01:58,639 Speaker 3: we should skill and train our own people first. 43 00:01:59,000 --> 00:02:01,600 Speaker 1: N ZE First has said, quote, while we recognize the 44 00:02:01,640 --> 00:02:05,800 Speaker 1: importance of retaining some critical workers, we have serious concerns 45 00:02:05,840 --> 00:02:10,000 Speaker 1: about what they call an unfocused immigration proposal. Here's Nikola 46 00:02:10,040 --> 00:02:10,600 Speaker 1: Willis on. 47 00:02:10,560 --> 00:02:13,760 Speaker 3: The thing, and so we don't think that this presents 48 00:02:13,760 --> 00:02:16,639 Speaker 3: the risks or dangers that New Zealand First may perceive. 49 00:02:17,000 --> 00:02:20,639 Speaker 1: So the Finance and Economic Growth Minister, they're highlighting the disagreement. 50 00:02:20,720 --> 00:02:23,600 Speaker 1: She says, they've designed the pathway to be really narrow 51 00:02:23,680 --> 00:02:27,040 Speaker 1: and she's not too concerned about that agree to disagree clause. 52 00:02:27,200 --> 00:02:31,440 Speaker 3: This just reflects stable coalition management, which is from time 53 00:02:31,520 --> 00:02:35,040 Speaker 3: to time parties have slightly different perspectives on issues. 54 00:02:35,400 --> 00:02:38,320 Speaker 1: So Nicola Willis and the Immigration Minister are both pointing 55 00:02:38,360 --> 00:02:41,360 Speaker 1: to the policy is something that will benefit economic growth 56 00:02:41,400 --> 00:02:45,880 Speaker 1: and Immigration Minister Erica Stanford has also confirmed that exclusions 57 00:02:45,919 --> 00:02:48,919 Speaker 1: will apply. She says the government has been very targeted 58 00:02:48,960 --> 00:02:50,400 Speaker 1: and very selected in this. 59 00:02:50,600 --> 00:02:52,960 Speaker 2: It will attract migrants to come to New Zealand knowing 60 00:02:53,000 --> 00:02:55,919 Speaker 2: that they've got a pathway, but remembering that they can't 61 00:02:55,960 --> 00:02:58,120 Speaker 2: come unless they have a job offer that has been 62 00:02:58,200 --> 00:03:00,359 Speaker 2: fully tested in New Zealand to make sure it wasn't 63 00:03:00,360 --> 00:03:01,440 Speaker 2: a key we available to do. 64 00:03:01,400 --> 00:03:04,440 Speaker 1: The job and looking at the bigger picture. Immigration has 65 00:03:04,480 --> 00:03:07,160 Speaker 1: been a huge topic for New Zealand First for quite 66 00:03:07,200 --> 00:03:09,600 Speaker 1: some time. It was discussed a whole lot at the 67 00:03:09,639 --> 00:03:12,880 Speaker 1: party's conference which I was reporting at. It does seem 68 00:03:12,880 --> 00:03:14,760 Speaker 1: to be a bit of a point of difference between 69 00:03:14,800 --> 00:03:17,080 Speaker 1: the parties and the coalition, so I'm sure there'll be 70 00:03:17,120 --> 00:03:17,920 Speaker 1: more to come from this. 71 00:03:18,720 --> 00:03:20,040 Speaker 4: Absolutely. Hey, what do we know. 72 00:03:20,080 --> 00:03:23,480 Speaker 1: What's the big takeaway from this sick leave, annual leave, 73 00:03:23,680 --> 00:03:27,440 Speaker 1: big pay debicle thing that's happened that Brook van Velden's 74 00:03:27,440 --> 00:03:30,160 Speaker 1: trying to fix up. Yeah, so a huge package of 75 00:03:30,200 --> 00:03:33,400 Speaker 1: reforms to the Wide Reaching Holidays Act that will be 76 00:03:33,520 --> 00:03:36,360 Speaker 1: a thing of the past. It's being repealed and replaced. 77 00:03:36,360 --> 00:03:38,480 Speaker 1: So some main points from this one. There's quite a 78 00:03:38,520 --> 00:03:41,560 Speaker 1: lot to digest here. Sick leave will be capped at 79 00:03:41,560 --> 00:03:43,960 Speaker 1: one hundred and sixty hours, and it can be taken 80 00:03:44,000 --> 00:03:46,440 Speaker 1: in hours rather than full days at a time, so 81 00:03:46,480 --> 00:03:48,600 Speaker 1: it means you can sort of go to the doctor 82 00:03:48,720 --> 00:03:50,600 Speaker 1: for an hour or so and not have to take 83 00:03:50,640 --> 00:03:53,480 Speaker 1: the entire day off of work. Some other big changes 84 00:03:53,520 --> 00:03:56,400 Speaker 1: part time workers will no longer have a minimum sick 85 00:03:56,520 --> 00:04:00,680 Speaker 1: leave entitlement, Family violence leave and bereavement lever crewell can 86 00:04:00,720 --> 00:04:04,160 Speaker 1: also start from day one, and also with this policy, 87 00:04:04,280 --> 00:04:07,840 Speaker 1: employees will earn annual leave from day one. That's proportionate 88 00:04:07,960 --> 00:04:11,640 Speaker 1: to their contracted hours. The Minister Brook van Velden has 89 00:04:11,640 --> 00:04:14,840 Speaker 1: said that businesses should focus on their actual business rather 90 00:04:14,880 --> 00:04:17,920 Speaker 1: than sort of the complex legislation the rules that are 91 00:04:17,920 --> 00:04:18,800 Speaker 1: currently in place. 92 00:04:18,839 --> 00:04:21,200 Speaker 4: But I've intentionally tried to strike a balance between the 93 00:04:21,279 --> 00:04:25,640 Speaker 4: rights and interests of employers and workers. So you'll see 94 00:04:25,680 --> 00:04:28,640 Speaker 4: that in some instances workers will benefit and in some 95 00:04:28,720 --> 00:04:30,839 Speaker 4: instances employees will benefit. 96 00:04:31,200 --> 00:04:33,400 Speaker 1: And worth pointing out with this one, there's a two 97 00:04:33,480 --> 00:04:36,360 Speaker 1: year period from when the bill is passed until when 98 00:04:36,400 --> 00:04:38,280 Speaker 1: it comes into force, so there is quite a bit 99 00:04:38,320 --> 00:04:41,320 Speaker 1: of breathing room in terms of these changes. Sari appreciate that, 100 00:04:41,360 --> 00:04:42,719 Speaker 1: Aszara Howe with Politics. 101 00:04:43,279 --> 00:04:46,479 Speaker 4: For more from Heather Duplicy Allen Drive, listen live to 102 00:04:46,520 --> 00:04:49,559 Speaker 4: news Talks. It'd be from four pm weekdays, or follow 103 00:04:49,600 --> 00:04:51,320 Speaker 4: the podcast on iHeartRadio.