1 00:00:00,040 --> 00:00:01,680 Speaker 1: On a Monday morning, the Prime Ministers in the studio. 2 00:00:01,800 --> 00:00:03,440 Speaker 1: Good to see you, Good to see your tea. Now 3 00:00:03,480 --> 00:00:05,960 Speaker 1: you won't remember this, and I'm not here to embarrass you, 4 00:00:06,000 --> 00:00:08,520 Speaker 1: but Bill's written to me. And Bill and his wife 5 00:00:08,560 --> 00:00:12,600 Speaker 1: were celebrating their sixtieth wedding anniversary and they said they 6 00:00:12,640 --> 00:00:15,720 Speaker 1: couldn't believe all the cards they got. They got one 7 00:00:15,720 --> 00:00:19,320 Speaker 1: from the local MP, personally signed, they got one from you. 8 00:00:19,360 --> 00:00:20,840 Speaker 1: Do you remember writing Bill's card? 9 00:00:20,920 --> 00:00:22,840 Speaker 2: Oh, I have a system in place for sixtieth wedding, 10 00:00:22,880 --> 00:00:25,560 Speaker 2: And how many sixtieth winning anniversary cards would you write? 11 00:00:26,120 --> 00:00:29,440 Speaker 2: I don't know any snowed under all? No, No, I 12 00:00:29,480 --> 00:00:32,879 Speaker 2: mean there's not that many people that make sixty. 13 00:00:31,680 --> 00:00:33,239 Speaker 3: Yes, that's what. 14 00:00:33,200 --> 00:00:35,320 Speaker 1: I'm asking, So you do there is a system in 15 00:00:35,320 --> 00:00:37,839 Speaker 1: place for system in place for six. And the King 16 00:00:37,880 --> 00:00:39,199 Speaker 1: wrote to them, Yeah, that's great. 17 00:00:39,040 --> 00:00:40,440 Speaker 3: Is it nice? Is that lovely? 18 00:00:40,440 --> 00:00:41,920 Speaker 2: If you're going to do sixty years of marriage? I 19 00:00:41,960 --> 00:00:43,040 Speaker 2: think that's something we're celebrating. 20 00:00:43,040 --> 00:00:46,159 Speaker 1: Couldn't agree more. New Zealand First are seeking changes to 21 00:00:46,200 --> 00:00:49,199 Speaker 1: the Regulatory Standards Bill because New Zealand First has got 22 00:00:49,200 --> 00:00:50,080 Speaker 1: problems too or not. 23 00:00:50,800 --> 00:00:53,120 Speaker 2: Well, I mean they've got some issues, but that will 24 00:00:53,120 --> 00:00:55,400 Speaker 2: be flushed out through a slip committee process. I mean, 25 00:00:55,720 --> 00:00:57,720 Speaker 2: if you take a step back, this bill's about making 26 00:00:57,760 --> 00:01:00,880 Speaker 2: sure we do decent good law making and more transparency 27 00:01:00,880 --> 00:01:04,080 Speaker 2: about bad law making in particular. It's pretty complex legislation, 28 00:01:04,240 --> 00:01:06,960 Speaker 2: but like the fast Track bill, and it will benefit 29 00:01:07,000 --> 00:01:08,000 Speaker 2: frankly from going through. 30 00:01:08,240 --> 00:01:09,120 Speaker 3: Just it's complex. 31 00:01:09,360 --> 00:01:11,480 Speaker 1: I heard David Seymour do an interview once on it, 32 00:01:11,520 --> 00:01:14,080 Speaker 1: and I was bamboozled by what he's trying to achieve. 33 00:01:14,080 --> 00:01:16,280 Speaker 1: But outside of the broad it will be more efficient, 34 00:01:16,400 --> 00:01:17,720 Speaker 1: is it, do you understand? 35 00:01:17,760 --> 00:01:19,160 Speaker 2: Well, that's the point is we want to make sure 36 00:01:19,160 --> 00:01:22,200 Speaker 2: it doesn't drive increased bureaucracy. It's actually got to be 37 00:01:22,240 --> 00:01:23,959 Speaker 2: a much simpler way to say, Look, if you're making 38 00:01:24,000 --> 00:01:26,360 Speaker 2: new laws as a minister, you've got to make sure 39 00:01:26,400 --> 00:01:28,840 Speaker 2: that it actually does work that you're not and as 40 00:01:28,840 --> 00:01:30,800 Speaker 2: a result of the system that checks that, we want 41 00:01:30,840 --> 00:01:31,000 Speaker 2: that to. 42 00:01:31,040 --> 00:01:32,400 Speaker 3: Be pretty tiptop shaped. 43 00:01:32,440 --> 00:01:35,520 Speaker 2: So David's got you know, the idea is more transparency 44 00:01:35,520 --> 00:01:36,280 Speaker 2: in the regulations. 45 00:01:36,319 --> 00:01:38,919 Speaker 1: But is there an ideological script between Winston and David 46 00:01:38,959 --> 00:01:39,120 Speaker 1: on this. 47 00:01:39,319 --> 00:01:41,160 Speaker 2: No, it's just making sure it's the devil's in the 48 00:01:41,160 --> 00:01:43,320 Speaker 2: detail on this one. And it's no different from fast Track. 49 00:01:43,360 --> 00:01:45,280 Speaker 2: If you remember how we started that one off and 50 00:01:45,319 --> 00:01:47,520 Speaker 2: then we ended up creating panels and a bunch of 51 00:01:47,520 --> 00:01:48,160 Speaker 2: different things. 52 00:01:48,440 --> 00:01:49,480 Speaker 3: That's similar to this one. 53 00:01:49,560 --> 00:01:53,280 Speaker 1: Okay, Nick Stewart, who is a financial advisor, I am 54 00:01:53,320 --> 00:01:56,280 Speaker 1: reading over the weekend the case for full expensing of 55 00:01:56,400 --> 00:02:00,320 Speaker 1: capital expenditure. Having read the article, it does make sense. 56 00:02:00,480 --> 00:02:03,440 Speaker 1: Is there any possibility, either in the budget or generally 57 00:02:03,960 --> 00:02:06,880 Speaker 1: that we can full expense capital expenditure and therefore drive 58 00:02:06,880 --> 00:02:07,440 Speaker 1: the economy. 59 00:02:07,520 --> 00:02:09,239 Speaker 2: We'll talk more about that obviously in the budget in 60 00:02:09,240 --> 00:02:11,040 Speaker 2: a few days. There's something in the budget, don't know, 61 00:02:11,080 --> 00:02:12,800 Speaker 2: you never know. We'll talk about the budget in a 62 00:02:12,800 --> 00:02:14,959 Speaker 2: few days yet. But what I just say is that 63 00:02:14,960 --> 00:02:18,799 Speaker 2: that idea is not an unattractive idea because if essentially, Mike, 64 00:02:18,800 --> 00:02:21,040 Speaker 2: if you look at the small medium enterprises in New Zealand, 65 00:02:21,320 --> 00:02:23,760 Speaker 2: the top ten percent are seven times more productive than 66 00:02:23,760 --> 00:02:26,000 Speaker 2: the bottom ten percent, and a lot of it's to 67 00:02:26,000 --> 00:02:28,560 Speaker 2: do with their adoption of capital and plant and equipment 68 00:02:28,600 --> 00:02:31,320 Speaker 2: and automation and all that good stuff. So I've got 69 00:02:31,320 --> 00:02:33,080 Speaker 2: a lot of sympathy for that, but weft wway to 70 00:02:33,080 --> 00:02:33,440 Speaker 2: the budget. 71 00:02:33,560 --> 00:02:35,280 Speaker 1: So much sympathy we might be able to hear something 72 00:02:35,280 --> 00:02:37,840 Speaker 1: on Thursday that's exciting. 73 00:02:37,880 --> 00:02:40,000 Speaker 2: I know you you're so good at this. You're trying 74 00:02:40,040 --> 00:02:42,120 Speaker 2: to get a scoop on that, budge, I'm John. 75 00:02:41,960 --> 00:02:44,320 Speaker 1: Just please, you're positive about it. Stephen Joyce's Peace in 76 00:02:44,360 --> 00:02:45,720 Speaker 1: the Hero all over the weekend. Did you happen to 77 00:02:45,760 --> 00:02:48,320 Speaker 1: read that? Okay? So does he have an argument? I'm 78 00:02:48,320 --> 00:02:51,480 Speaker 1: not sure he has any He's talking about the productivity 79 00:02:51,840 --> 00:02:56,120 Speaker 1: of Fontierra's production side at a time when butter and 80 00:02:56,200 --> 00:02:58,000 Speaker 1: et cetera is through the roof. Do we know of 81 00:02:58,200 --> 00:02:59,919 Speaker 1: Fonterra are any good at what they do? 82 00:03:00,120 --> 00:03:01,960 Speaker 3: Or is it? Oh? I think they're pretty good. I mean, 83 00:03:02,120 --> 00:03:03,000 Speaker 3: how do you know that well? 84 00:03:03,040 --> 00:03:05,520 Speaker 2: I mean, when I look at their relative global performance, 85 00:03:05,560 --> 00:03:07,480 Speaker 2: they've done a very good job, particularly. 86 00:03:07,040 --> 00:03:09,120 Speaker 3: In the last six years or so. Five years or so. 87 00:03:09,760 --> 00:03:11,520 Speaker 2: I think there was a period in time, frankly where 88 00:03:11,560 --> 00:03:13,799 Speaker 2: I think they lost it and lost a lot of 89 00:03:13,800 --> 00:03:16,440 Speaker 2: ground against their global competitors. But I just say to you, 90 00:03:16,480 --> 00:03:19,320 Speaker 2: when you're offshore, I'm really you know, I think Fontira 91 00:03:19,360 --> 00:03:22,359 Speaker 2: has got the right strategy. They're going for high margin products. Yeah, 92 00:03:22,360 --> 00:03:24,919 Speaker 2: I was in Korea. They make an ambient whipping cream 93 00:03:25,080 --> 00:03:27,600 Speaker 2: sold to Korean bakers. Now everyone listening to that, guys 94 00:03:27,600 --> 00:03:30,160 Speaker 2: are whippy do well actually bakers and cakes in career 95 00:03:30,240 --> 00:03:33,120 Speaker 2: a freaking big market and actually doing it that way 96 00:03:33,160 --> 00:03:34,960 Speaker 2: they get higher margin that comes back to their farmers 97 00:03:35,000 --> 00:03:38,080 Speaker 2: than doing consumer goods business, for example. So I think 98 00:03:38,080 --> 00:03:40,920 Speaker 2: Fontio has had a really good strategy to enhance margin 99 00:03:41,000 --> 00:03:42,040 Speaker 2: so they can get returns back. 100 00:03:41,960 --> 00:03:44,320 Speaker 1: To the morification of New Zealand. So the Tea kung 101 00:03:44,360 --> 00:03:46,800 Speaker 1: of lead story, this was m FAT. This was Winston 102 00:03:46,840 --> 00:03:49,560 Speaker 1: Peter's getting upset about a teacung a league type job. 103 00:03:50,120 --> 00:03:52,960 Speaker 1: Let me quote you this his comments. Peter's comments and 104 00:03:52,960 --> 00:03:56,560 Speaker 1: subsequent requests to m FAT for a response by political 105 00:03:56,600 --> 00:03:59,400 Speaker 1: reporters set off a flurry of emails and messages between 106 00:03:59,440 --> 00:04:01,400 Speaker 1: the most c your staff at the agency. I would 107 00:04:01,400 --> 00:04:02,760 Speaker 1: have thought they had better things to do with their time. 108 00:04:02,800 --> 00:04:06,640 Speaker 1: Be that as it may. Who appeared to be unaware 109 00:04:07,000 --> 00:04:11,480 Speaker 1: the job fell foul of Peter's expectations. How does senior 110 00:04:11,560 --> 00:04:15,680 Speaker 1: bureaucrats not understand that they're working for a government that 111 00:04:15,720 --> 00:04:19,719 Speaker 1: have spoken very clearly on the malorification of this country. 112 00:04:19,839 --> 00:04:21,360 Speaker 3: Well, where we see it, we call it out. 113 00:04:21,440 --> 00:04:24,960 Speaker 2: I mean, I mean sleep Well, I mean Onceston's obviously 114 00:04:25,000 --> 00:04:27,520 Speaker 2: called it out very strongly, which is important you've seen 115 00:04:27,560 --> 00:04:27,960 Speaker 2: it also. 116 00:04:28,040 --> 00:04:30,480 Speaker 3: We had a situation with Todeo. 117 00:04:30,160 --> 00:04:32,880 Speaker 2: Stop goho signs for example recently as well, and you 118 00:04:32,880 --> 00:04:35,039 Speaker 2: know where we see it. We actually we say, look, 119 00:04:35,080 --> 00:04:37,680 Speaker 2: that's not appropriate. You know, we don't want we need 120 00:04:37,720 --> 00:04:39,960 Speaker 2: the stop go signs to be very unambiguous and very 121 00:04:40,000 --> 00:04:43,000 Speaker 2: clearly producing the same thing here. We want everybody in 122 00:04:43,000 --> 00:04:46,520 Speaker 2: the public service focused on delivery, focused on results, and 123 00:04:47,200 --> 00:04:50,080 Speaker 2: not lots of resources tied up in things that doesn't happening. 124 00:04:50,160 --> 00:04:52,760 Speaker 1: How come it's still happening. How come somebody somewhere goes 125 00:04:52,800 --> 00:04:54,119 Speaker 1: I'll tell you what, I'm going to make a Maory 126 00:04:54,200 --> 00:04:54,640 Speaker 1: Road sign. 127 00:04:54,800 --> 00:04:57,040 Speaker 2: Yeah, Well, I mean they're taking the person, aren't they. Well, 128 00:04:57,200 --> 00:04:59,719 Speaker 2: there's a I mean we're a new government. We've been 129 00:04:59,800 --> 00:05:02,720 Speaker 2: very very but a year and a year and a half, 130 00:05:02,760 --> 00:05:05,120 Speaker 2: I get it. But we want to run things differently 131 00:05:05,160 --> 00:05:07,360 Speaker 2: from the previous minstration. That's taking some people some time 132 00:05:07,400 --> 00:05:09,920 Speaker 2: to understand that. Where where it comes out and they 133 00:05:09,920 --> 00:05:12,039 Speaker 2: get it wrong, we're very quick to clamp it down 134 00:05:12,040 --> 00:05:14,120 Speaker 2: on it and to say that's got to change. Get 135 00:05:14,160 --> 00:05:16,159 Speaker 2: back to what the program is, which is delivery. 136 00:05:16,279 --> 00:05:18,000 Speaker 1: Let's get back to the budget without giving it away. 137 00:05:18,040 --> 00:05:20,679 Speaker 1: I get all of that the money you announced Nicola 138 00:05:20,680 --> 00:05:23,320 Speaker 1: Willis on Friday has hundreds of millions of dollars for 139 00:05:23,320 --> 00:05:26,200 Speaker 1: the film industry. Fantastic. You've got money yesterday for Regina. 140 00:05:26,279 --> 00:05:28,640 Speaker 1: Where's it all coming from? Well, that'll be revealed on 141 00:05:28,680 --> 00:05:30,880 Speaker 1: the budget I know, but give us a c I'll 142 00:05:30,880 --> 00:05:32,320 Speaker 1: just say we don't have any money. 143 00:05:32,360 --> 00:05:34,080 Speaker 2: Well, we have said very clearly that we think we 144 00:05:34,120 --> 00:05:36,520 Speaker 2: can invest in economic growth, we think we can invest 145 00:05:36,520 --> 00:05:41,080 Speaker 2: in health and education. You watch waights, you see the 146 00:05:41,080 --> 00:05:43,000 Speaker 2: fiscal plan and it will be all revealed. 147 00:05:43,000 --> 00:05:43,440 Speaker 3: At that point. 148 00:05:43,480 --> 00:05:46,839 Speaker 1: It's either borrowed or you've got it from somewhere. Which 149 00:05:46,920 --> 00:05:47,280 Speaker 1: is it? 150 00:05:47,400 --> 00:05:48,760 Speaker 3: Well, again, I'm not going to get it. 151 00:05:48,800 --> 00:05:49,960 Speaker 1: Why can't you give us that part? 152 00:05:50,240 --> 00:05:52,080 Speaker 2: Not because we've got to bud it's budget sensitive. 153 00:05:52,120 --> 00:05:52,600 Speaker 3: We'll wait for. 154 00:05:52,560 --> 00:05:55,839 Speaker 1: What's what's bunget sensitive about something that's broad as we've 155 00:05:55,880 --> 00:05:57,600 Speaker 1: got the cash or we're borrowing what. 156 00:05:57,680 --> 00:05:59,599 Speaker 2: As I said to you, it's within our fiscal track 157 00:05:59,640 --> 00:06:01,360 Speaker 2: and what we set ourselves up and the rules that 158 00:06:01,400 --> 00:06:02,040 Speaker 2: we're trying. 159 00:06:01,800 --> 00:06:03,159 Speaker 3: To do work towards. 160 00:06:03,600 --> 00:06:06,000 Speaker 2: It'll be revealed on Thursday. We need to be able 161 00:06:06,040 --> 00:06:07,880 Speaker 2: to do it in one comprehensive thing so you can 162 00:06:07,880 --> 00:06:10,480 Speaker 2: see the total fiscal picture of what we're dealing with. 163 00:06:10,560 --> 00:06:11,320 Speaker 3: And how we're funding it. 164 00:06:11,360 --> 00:06:13,359 Speaker 1: But it seems an extraordinary amount of money. 165 00:06:13,560 --> 00:06:14,360 Speaker 3: Well, well we are. 166 00:06:14,400 --> 00:06:16,800 Speaker 2: We're making some serious investments and some key places. Now 167 00:06:17,000 --> 00:06:18,920 Speaker 2: you're making investments, but I want to know where you're 168 00:06:18,960 --> 00:06:20,840 Speaker 2: getting the dough from and that will be revealed on things, 169 00:06:20,960 --> 00:06:22,480 Speaker 2: because if you're borrowing it, I'm not going to be 170 00:06:22,520 --> 00:06:24,720 Speaker 2: happy next week. Well that's fine, we'll have that conversation 171 00:06:24,760 --> 00:06:25,520 Speaker 2: next week. 172 00:06:25,200 --> 00:06:26,880 Speaker 1: We'll we So you are borrowing. 173 00:06:26,920 --> 00:06:28,720 Speaker 2: Oh and I say we're borrowing, but I'm just I'm 174 00:06:28,760 --> 00:06:29,880 Speaker 2: not going to give you anything on this. 175 00:06:29,960 --> 00:06:30,599 Speaker 3: I know it's going to be a. 176 00:06:30,640 --> 00:06:34,440 Speaker 2: Very frustrating interview for your listeners. All right, he's so good, 177 00:06:34,440 --> 00:06:36,000 Speaker 2: can I say to all the people listening here? And 178 00:06:36,040 --> 00:06:38,240 Speaker 2: he tries to weasel it out of me. But now 179 00:06:38,240 --> 00:06:39,520 Speaker 2: we've got to wait to Thursday because I got to 180 00:06:39,520 --> 00:06:41,360 Speaker 2: show you the whole financial set in the front. 181 00:06:41,440 --> 00:06:45,960 Speaker 1: Okay, So reassure me once again that it will make 182 00:06:46,080 --> 00:06:48,800 Speaker 1: sense in a way that perhaps a conservative like me 183 00:06:48,920 --> 00:06:51,720 Speaker 1: that doesn't like debt yep, can understand. 184 00:06:51,880 --> 00:06:52,120 Speaker 3: Yep. 185 00:06:52,320 --> 00:06:54,440 Speaker 2: So we have a problem with debt. As you well know, 186 00:06:54,760 --> 00:06:57,240 Speaker 2: we've had a threefold increase in debt from sixty to 187 00:06:57,320 --> 00:07:00,479 Speaker 2: one hundred and eighty billion dollars. The cost on budget 188 00:07:00,520 --> 00:07:02,640 Speaker 2: now on the interest build on that a loan's gone 189 00:07:02,640 --> 00:07:05,880 Speaker 2: from three to nine billion dollars in rising. It's about 190 00:07:05,880 --> 00:07:08,400 Speaker 2: sixty thousand dollars for every house on Zealand twenty two 191 00:07:08,440 --> 00:07:10,920 Speaker 2: thousand extra that's been added on to every kiwi and 192 00:07:10,920 --> 00:07:13,480 Speaker 2: we've got nothing to show for it, because basically they 193 00:07:14,120 --> 00:07:16,920 Speaker 2: debt's good if you're borrowing for productivity enhancing stuff and 194 00:07:16,960 --> 00:07:19,880 Speaker 2: well to point to a point, but there's there's good 195 00:07:20,040 --> 00:07:22,400 Speaker 2: stuff there in this case, we didn't do that the 196 00:07:22,480 --> 00:07:24,520 Speaker 2: last administration rant it up on the credit card and 197 00:07:24,520 --> 00:07:27,000 Speaker 2: for daily living expenses. That's that's why we've got nothing 198 00:07:27,000 --> 00:07:29,960 Speaker 2: to show with better schools, hospitals or roads. We've got 199 00:07:30,000 --> 00:07:32,120 Speaker 2: to change that course. We've got to find a pathway 200 00:07:32,160 --> 00:07:35,120 Speaker 2: to get ourselves to a surplus, because that's importance that 201 00:07:35,120 --> 00:07:38,320 Speaker 2: we've got future capacity. Should something before New Zealand that 202 00:07:38,320 --> 00:07:40,960 Speaker 2: we can deal with that issue. And we've got to 203 00:07:40,960 --> 00:07:42,679 Speaker 2: get in shape. And that's why things like the Greens 204 00:07:42,760 --> 00:07:45,440 Speaker 2: idea of more taxes, more borroing. You're hearing it from 205 00:07:45,640 --> 00:07:49,960 Speaker 2: Thomas Piece over the weekend on I did yeah, nurses. Yeah, 206 00:07:50,240 --> 00:07:54,040 Speaker 2: a pay cut, yes, under a Greenness Greens budget. Yeah, 207 00:07:54,080 --> 00:07:55,640 Speaker 2: and it's you know, and we've done a lot of 208 00:07:55,680 --> 00:07:57,520 Speaker 2: work to actually lift nurse pay. I mean it's one 209 00:07:57,560 --> 00:08:00,840 Speaker 2: hundred and twenty six thousand dollars including allowances, equal to 210 00:08:00,880 --> 00:08:02,760 Speaker 2: pretty much what they get a New South Wales which 211 00:08:02,760 --> 00:08:04,840 Speaker 2: is a lot wealthier. But I mean that was just 212 00:08:04,880 --> 00:08:08,480 Speaker 2: an absolute craziness and madness. But actually labors no better. 213 00:08:08,600 --> 00:08:11,240 Speaker 2: They want to borrow more, tax more, spend more. You know, 214 00:08:11,280 --> 00:08:13,280 Speaker 2: that's exactly where it is. We have to find a 215 00:08:13,320 --> 00:08:16,280 Speaker 2: balance responsibly to get the books back in order over 216 00:08:16,960 --> 00:08:20,320 Speaker 2: onto a pathway, but also make investments and also continue 217 00:08:20,360 --> 00:08:21,760 Speaker 2: to reprioritize and make savings. 218 00:08:21,760 --> 00:08:23,520 Speaker 1: Took a couple of quick things out of last week. 219 00:08:23,600 --> 00:08:26,160 Speaker 1: Is Jerry brownly letting the House down with that privilegious 220 00:08:26,160 --> 00:08:28,680 Speaker 1: committee response that he gave to the House last week. 221 00:08:29,320 --> 00:08:31,800 Speaker 1: Everyone gets to speak, everyone gets to have an amendment, 222 00:08:31,840 --> 00:08:33,920 Speaker 1: everyone gets to speak to the amendment. I mean, what's 223 00:08:33,960 --> 00:08:34,800 Speaker 1: that it's not stalled. 224 00:08:34,840 --> 00:08:37,920 Speaker 2: Well, that's that is that that is actually protocol and 225 00:08:37,960 --> 00:08:40,120 Speaker 2: that those are as I understand its standing orders and 226 00:08:40,200 --> 00:08:43,559 Speaker 2: rules in the House. The bigger issue is that we 227 00:08:43,600 --> 00:08:47,120 Speaker 2: discuss sensitive and difficult and emotional topics and that in 228 00:08:47,120 --> 00:08:49,800 Speaker 2: that place, the multi party are not getting penalized for 229 00:08:49,880 --> 00:08:53,559 Speaker 2: Wayata and for Harker that happens a lot. They're getting 230 00:08:53,559 --> 00:08:56,319 Speaker 2: penalized for breaking the rules, getting out of your seat, gestures, 231 00:08:57,280 --> 00:08:59,640 Speaker 2: you know, disrupting a vote, all of that kind of stuff, 232 00:08:59,679 --> 00:09:02,679 Speaker 2: and then not engaging with the Privileges Committee. We need 233 00:09:02,840 --> 00:09:04,520 Speaker 2: mpece are sent there by the people of New Zealand. 234 00:09:04,520 --> 00:09:06,880 Speaker 2: They need to respect the rules of the place because 235 00:09:06,920 --> 00:09:09,680 Speaker 2: otherwise it just evolves into absolute chaos. And was last 236 00:09:09,679 --> 00:09:12,000 Speaker 2: week and you low, well it wasn't great. I mean 237 00:09:12,040 --> 00:09:14,000 Speaker 2: because I don't like it because actually, you know, you 238 00:09:14,080 --> 00:09:17,240 Speaker 2: got MPs talking about themselves and parliamentarians talking about themselves, 239 00:09:17,280 --> 00:09:19,680 Speaker 2: and actually I try and stay above that fray because 240 00:09:19,720 --> 00:09:21,320 Speaker 2: I want to focus on what New Zealand doesn't need 241 00:09:21,400 --> 00:09:23,000 Speaker 2: us to do, and at the moment they want us 242 00:09:23,080 --> 00:09:25,640 Speaker 2: dealing with growing this economy and getting dealing with the 243 00:09:25,679 --> 00:09:26,200 Speaker 2: cost of living. 244 00:09:26,400 --> 00:09:28,120 Speaker 1: Explain the logic of this to me. So there's an 245 00:09:28,200 --> 00:09:30,040 Speaker 1: article in the paper over the weekend of one roof 246 00:09:30,320 --> 00:09:32,560 Speaker 1: there's a penthouse for sale downtown on Auckland for seventeen 247 00:09:32,600 --> 00:09:35,360 Speaker 1: million dollars. It's been on the market a few years now. 248 00:09:35,600 --> 00:09:38,319 Speaker 1: No one here wants it, clearly, why can't somebody buying it? 249 00:09:40,520 --> 00:09:43,160 Speaker 1: Why can't somebody from offshore by it? 250 00:09:43,720 --> 00:09:45,480 Speaker 3: Well, I mean you know our position on that. I 251 00:09:45,600 --> 00:09:45,800 Speaker 3: do not. 252 00:09:46,240 --> 00:09:48,280 Speaker 2: The National Party has a strong view that you should 253 00:09:48,320 --> 00:09:48,920 Speaker 2: be able to buy. 254 00:09:49,400 --> 00:09:51,839 Speaker 1: Have you made any progress with Peters at all on this? 255 00:09:52,040 --> 00:09:53,959 Speaker 1: And if you haven't, why don't you call them out? 256 00:09:54,320 --> 00:09:56,880 Speaker 1: Well again, we still we still have a conversation going 257 00:09:56,880 --> 00:09:58,040 Speaker 1: with it. I know that's not the answer you want 258 00:09:58,080 --> 00:09:59,280 Speaker 1: to hear, because you've give me a grief on the 259 00:09:59,320 --> 00:10:02,480 Speaker 1: satually every time. But if you're looking to pull every 260 00:10:02,559 --> 00:10:05,040 Speaker 1: lever you can to get this economy going, yep, surely 261 00:10:05,240 --> 00:10:07,480 Speaker 1: that is a lever you can put one of the levers. 262 00:10:07,600 --> 00:10:10,120 Speaker 1: Welcome to New Zealand, have a golden visa. And by 263 00:10:10,160 --> 00:10:12,720 Speaker 1: the way, there's a penthouse there for yours for seven 264 00:10:12,760 --> 00:10:15,680 Speaker 1: to or for nine million pounds, snap it up. 265 00:10:15,679 --> 00:10:17,480 Speaker 2: I think you know we probably got the cap too 266 00:10:17,559 --> 00:10:19,480 Speaker 2: low last time when we went to the election campaign 267 00:10:19,679 --> 00:10:20,839 Speaker 2: we said it was two million dollars. 268 00:10:21,240 --> 00:10:23,200 Speaker 3: I think you could lift that, you know, quite reasonably 269 00:10:23,240 --> 00:10:23,920 Speaker 3: to five or six. 270 00:10:24,480 --> 00:10:27,280 Speaker 1: Have you in your negotiations, sorry, have you in your 271 00:10:27,360 --> 00:10:31,160 Speaker 1: negotiations as much. And would you be looking to make 272 00:10:31,160 --> 00:10:34,439 Speaker 1: an announcement on this sometimes I'm not sure we will. 273 00:10:34,440 --> 00:10:35,839 Speaker 1: We've got we've got a better work to do it. 274 00:10:35,880 --> 00:10:38,800 Speaker 1: So you're losing still Peters is beating you up on that. No, No, well, 275 00:10:38,800 --> 00:10:40,240 Speaker 1: I mean let's be clear. We've got two issues. 276 00:10:40,280 --> 00:10:42,880 Speaker 2: One is extending the superannuation age sixty seven, which I 277 00:10:42,920 --> 00:10:44,800 Speaker 2: think also makes great sense, and that given the key 278 00:10:44,880 --> 00:10:47,640 Speaker 2: he's a living longer, but that's not palatable to labor 279 00:10:47,679 --> 00:10:49,840 Speaker 2: and all his zeland first, and we've had an issue 280 00:10:49,880 --> 00:10:51,839 Speaker 2: with respect to you know, foreign by Abat. I just 281 00:10:51,880 --> 00:10:54,760 Speaker 2: think if you're a chief technology officer from San Francisco 282 00:10:54,800 --> 00:10:56,640 Speaker 2: and you want to spend some of your months here 283 00:10:56,679 --> 00:10:58,360 Speaker 2: in his Zealand because you've got an investment and a 284 00:10:58,400 --> 00:11:01,840 Speaker 2: tech company here that's helping Ryland grow, then you should be. 285 00:11:01,800 --> 00:11:02,240 Speaker 3: Able to do that. 286 00:11:02,480 --> 00:11:05,120 Speaker 1: Yes, you should. Why can't Repeaters understand that he's in 287 00:11:05,160 --> 00:11:06,199 Speaker 1: the pope because that's the problem. 288 00:11:06,320 --> 00:11:07,840 Speaker 2: Well, I don't know. I mean, he's got a long 289 00:11:07,920 --> 00:11:10,320 Speaker 2: standing position. He just has been against it. We are 290 00:11:10,400 --> 00:11:12,960 Speaker 2: in conversation with him and his office as we've been 291 00:11:13,040 --> 00:11:16,240 Speaker 2: doing our proposals to lift the threshold a lot more. 292 00:11:16,480 --> 00:11:18,880 Speaker 2: We think that would be important ultimately with someone we. 293 00:11:18,880 --> 00:11:19,360 Speaker 3: Got to work through. 294 00:11:19,640 --> 00:11:21,439 Speaker 2: Okay, so you don't always get what you want in 295 00:11:21,440 --> 00:11:23,599 Speaker 2: a coulish government, right well you would if I was 296 00:11:23,640 --> 00:11:23,959 Speaker 2: running it. 297 00:11:26,000 --> 00:11:28,760 Speaker 1: I'd like to see that have a good budget, appreciate it. 298 00:11:29,240 --> 00:11:32,120 Speaker 2: For more from the Mic Asking Breakfast, listen live to 299 00:11:32,240 --> 00:11:35,319 Speaker 2: news talks that'd be from six am weekdays, or follow 300 00:11:35,360 --> 00:11:36,880 Speaker 2: the podcast on iHeartRadio.