1 00:00:00,040 --> 00:00:03,520 Speaker 1: H Are you too, Josee, you buy the wonky fruit? 2 00:00:05,480 --> 00:00:08,360 Speaker 2: Yes, I mean I just buy fruit generally. I don't 3 00:00:08,400 --> 00:00:11,440 Speaker 2: think about it. But I do wonder about this statistic 4 00:00:11,440 --> 00:00:14,640 Speaker 2: because I actually spent the weekend cleaning out my spice 5 00:00:14,680 --> 00:00:18,040 Speaker 2: cupboard and found spices going back to about twenty sixteen, 6 00:00:18,160 --> 00:00:19,919 Speaker 2: and I chucked them all out, So I think that 7 00:00:19,960 --> 00:00:23,040 Speaker 2: accounts for about one point too many tons on its own. 8 00:00:23,079 --> 00:00:25,279 Speaker 1: Did you taste it first to see if it was 9 00:00:25,280 --> 00:00:25,799 Speaker 1: still good? 10 00:00:26,960 --> 00:00:29,520 Speaker 2: No? I didn't. I'm not going to taste mixed spice 11 00:00:29,600 --> 00:00:33,080 Speaker 2: and cardamen raw on my tongue. 12 00:00:33,320 --> 00:00:34,879 Speaker 1: How do you know it's How do you know you 13 00:00:34,880 --> 00:00:35,680 Speaker 1: can't cook with it? 14 00:00:36,240 --> 00:00:37,800 Speaker 2: Are you going all greeny on me, Heather? 15 00:00:37,920 --> 00:00:38,639 Speaker 1: I just don't like. 16 00:00:40,120 --> 00:00:44,479 Speaker 2: I just want new spices and new herbs. And I'm 17 00:00:44,520 --> 00:00:46,680 Speaker 2: actually sort of hard to find it hard to get 18 00:00:46,720 --> 00:00:49,320 Speaker 2: really upset about this. I mean, yes, we shouldn't waste food, 19 00:00:49,360 --> 00:00:51,360 Speaker 2: and I have a compost and all of that, but 20 00:00:51,440 --> 00:00:56,560 Speaker 2: you know we've got hot wards, ai, pandemics, you know, 21 00:00:56,720 --> 00:01:00,160 Speaker 2: trade blocks, God knows what else I'm not I'm struggling 22 00:01:00,160 --> 00:01:01,320 Speaker 2: to get too worried about. 23 00:01:01,480 --> 00:01:03,800 Speaker 1: I'm not worried about lim. I just reckon that there's 24 00:01:03,800 --> 00:01:06,680 Speaker 1: a market here, like I reckon, there are willing participants 25 00:01:06,840 --> 00:01:09,160 Speaker 1: like myself who are like, give me your wonky fruit 26 00:01:09,200 --> 00:01:12,000 Speaker 1: and charge me forty percent less. And I'm sitting here 27 00:01:12,000 --> 00:01:13,560 Speaker 1: going I want to pay less for fruit, and they 28 00:01:13,560 --> 00:01:15,520 Speaker 1: want to get rid of their fruit. We should hook up, 29 00:01:15,560 --> 00:01:16,160 Speaker 1: do you know what I mean? 30 00:01:16,800 --> 00:01:18,240 Speaker 3: Yeah, well, I mean that's the thing. We live in 31 00:01:18,240 --> 00:01:21,280 Speaker 3: a market economy, right And you know, one of the 32 00:01:21,319 --> 00:01:25,160 Speaker 3: greatest strengths of market economies, you know, for their drawbacks 33 00:01:25,360 --> 00:01:28,440 Speaker 3: here and there, is that they produce a mess of 34 00:01:28,480 --> 00:01:33,199 Speaker 3: supplus and abundance and food most of all. The probably 35 00:01:33,240 --> 00:01:36,000 Speaker 3: the reason why we waste less food than other countries 36 00:01:36,080 --> 00:01:38,600 Speaker 3: is that we're poorer than other countries. We like to 37 00:01:38,640 --> 00:01:42,520 Speaker 3: prepare ourselves so we can't wait. You know. It's honestly 38 00:01:42,720 --> 00:01:45,840 Speaker 3: like it's the idea that you can just magically move 39 00:01:45,880 --> 00:01:47,920 Speaker 3: these sup blusses around and they all find the right 40 00:01:47,920 --> 00:01:50,480 Speaker 3: place or grow less. That's not how markets work, it's 41 00:01:50,520 --> 00:01:53,840 Speaker 3: not how economies work. Having too much or something so 42 00:01:53,880 --> 00:01:55,880 Speaker 3: that you can turn it away is actually a sign 43 00:01:55,920 --> 00:01:58,360 Speaker 3: of prosperity. I'd like us they have more food waste 44 00:01:58,360 --> 00:02:00,480 Speaker 3: because I'd like us to be more prosperous. 45 00:02:00,640 --> 00:02:02,200 Speaker 2: We're already eating the wonky fruit. 46 00:02:02,880 --> 00:02:05,800 Speaker 1: Yeah, yeah, we are, like you literally are are you 47 00:02:05,880 --> 00:02:09,440 Speaker 1: buying it at the supermarket? It's called the odd bunch? Hey, Liam, 48 00:02:09,480 --> 00:02:11,240 Speaker 1: what do you think of this key we saver policy 49 00:02:11,240 --> 00:02:12,240 Speaker 1: from the nets? You like it? 50 00:02:13,600 --> 00:02:16,760 Speaker 3: I think it's good policy, it's inevitable, it's probably the 51 00:02:16,800 --> 00:02:19,720 Speaker 3: phasing is good. It's probably a good template about how 52 00:02:19,760 --> 00:02:23,239 Speaker 3: we have to do the national superannuation too. But look, 53 00:02:23,280 --> 00:02:26,919 Speaker 3: I mean, look, I'm forty, I'm forty next next year, 54 00:02:27,120 --> 00:02:29,799 Speaker 3: and I've just in all my life I've always thought, looked, 55 00:02:30,160 --> 00:02:32,800 Speaker 3: it has to be care we favor because there's just 56 00:02:32,840 --> 00:02:35,560 Speaker 3: not going to be enough money through through national superannuation 57 00:02:35,639 --> 00:02:37,720 Speaker 3: when it comes to me and we have to get 58 00:02:37,760 --> 00:02:41,239 Speaker 3: serious about it. And I'm a complete convert on KIV saver. 59 00:02:41,360 --> 00:02:43,320 Speaker 3: I was against it when it came out, but it's 60 00:02:43,320 --> 00:02:45,520 Speaker 3: been a real success story. And actually it's going to 61 00:02:45,560 --> 00:02:47,079 Speaker 3: be the thing that's going to have to save us 62 00:02:47,160 --> 00:02:51,280 Speaker 3: because it's just too politically impossible to really reform superannuation. 63 00:02:52,080 --> 00:02:53,960 Speaker 3: This is the step in the right direction. I'm not 64 00:02:53,960 --> 00:02:56,519 Speaker 3: sure how politically popular it's going to be, if you 65 00:02:56,520 --> 00:02:58,639 Speaker 3: you know, I mean, it's it is taking money out 66 00:02:58,680 --> 00:03:01,000 Speaker 3: of your week to week paid. You're telling people that 67 00:03:01,480 --> 00:03:04,640 Speaker 3: they can't manage that for themselves, but it's a necessity. 68 00:03:04,720 --> 00:03:06,960 Speaker 3: So I'm not sure if it's great politics, but it's 69 00:03:06,960 --> 00:03:07,680 Speaker 3: good economics. 70 00:03:07,760 --> 00:03:07,919 Speaker 2: Yeah. 71 00:03:07,960 --> 00:03:10,519 Speaker 1: I mean I think Liam's onto something which is Joseph, 72 00:03:10,520 --> 00:03:12,040 Speaker 1: which is that it is going to have to save us, 73 00:03:12,080 --> 00:03:14,440 Speaker 1: probably from the pension situation. But it's only going to 74 00:03:14,440 --> 00:03:16,600 Speaker 1: save us if we make a compulsory Are you okay 75 00:03:16,800 --> 00:03:19,919 Speaker 1: with the government making it compulsory at six percent from 76 00:03:19,919 --> 00:03:21,440 Speaker 1: you and six percent from the employer. 77 00:03:22,440 --> 00:03:24,960 Speaker 2: So I'm not in favor of making it compulsory for 78 00:03:25,000 --> 00:03:28,440 Speaker 2: two reasons. One is that sometimes businesses want to just 79 00:03:28,520 --> 00:03:31,320 Speaker 2: plow their money into their business and they know how 80 00:03:31,360 --> 00:03:33,839 Speaker 2: best to spend their own money. I mean, God, I'm 81 00:03:33,880 --> 00:03:36,800 Speaker 2: sounding like Liam here, and it's true, they know best 82 00:03:36,880 --> 00:03:38,840 Speaker 2: how to spend their own money. And also you might 83 00:03:38,880 --> 00:03:42,000 Speaker 2: have some people who just can't put away twelve percent 84 00:03:42,120 --> 00:03:44,360 Speaker 2: or something. But the other thing I would say, and 85 00:03:44,400 --> 00:03:46,760 Speaker 2: that's interesting Liam, that you said that, because I remember 86 00:03:46,880 --> 00:03:50,240 Speaker 2: running can we say the campaign pay parntal lead campaigns 87 00:03:50,560 --> 00:03:54,280 Speaker 2: and so on? Four weeks minimum annual leave. Then that 88 00:03:54,680 --> 00:03:57,440 Speaker 2: hated these policies now, and I think it's a really 89 00:03:57,480 --> 00:03:59,680 Speaker 2: good thing that now we have a kind of cross 90 00:03:59,720 --> 00:04:03,200 Speaker 2: party consensus. But saving money is a really good idea. 91 00:04:03,240 --> 00:04:05,640 Speaker 2: It's what Australia did one of the reasons they're richer 92 00:04:05,640 --> 00:04:08,400 Speaker 2: than us and paper rentally is a good idea and 93 00:04:08,440 --> 00:04:11,560 Speaker 2: so four weeks annually. So good to hear you agree 94 00:04:11,600 --> 00:04:13,240 Speaker 2: with that, Comrade Liam. 95 00:04:14,200 --> 00:04:17,799 Speaker 3: Well persue, the politics of it is anything rather than offend. 96 00:04:17,839 --> 00:04:20,839 Speaker 3: There soon to be retiring boomers, right, so I think. 97 00:04:21,279 --> 00:04:24,320 Speaker 1: Liam, I don't want them to touch my pens, and 98 00:04:24,400 --> 00:04:26,360 Speaker 1: either they could bug it off off. I'm not even 99 00:04:26,400 --> 00:04:29,000 Speaker 1: a boomer, although maybe I am in my spirit. All Right, 100 00:04:29,040 --> 00:04:30,840 Speaker 1: we'll take a break, you guys, come back to the 101 00:04:30,880 --> 00:04:31,719 Speaker 1: huddle shortly, head. 102 00:04:31,640 --> 00:04:35,880 Speaker 4: Lest the huddle with New Zealand Southeby's International Realty, the 103 00:04:35,960 --> 00:04:37,680 Speaker 4: only truly global brand. 104 00:04:37,880 --> 00:04:40,480 Speaker 1: Right back with the huddle. Limb here and Joseph Accarney. Liam, 105 00:04:40,800 --> 00:04:43,480 Speaker 1: you'll have seen the Taxpayers Union Curier poll about the 106 00:04:43,480 --> 00:04:46,360 Speaker 1: inflation adjustment on the CGT and then everybody likes it. 107 00:04:46,560 --> 00:04:48,120 Speaker 1: Do you think label will do that or they are 108 00:04:48,200 --> 00:04:49,480 Speaker 1: just too greedy for the dollars. 109 00:04:50,240 --> 00:04:52,760 Speaker 3: They definitely won't do it, and don't give them too 110 00:04:52,839 --> 00:04:57,000 Speaker 3: much credit for that, because national really have missed the 111 00:04:57,040 --> 00:05:00,880 Speaker 3: trick and a lot of inflation indexing. Two, The reality 112 00:05:01,000 --> 00:05:03,760 Speaker 3: is that parties of you know, both political parties, both 113 00:05:03,760 --> 00:05:06,760 Speaker 3: major political parties, in fact all of them really are 114 00:05:06,839 --> 00:05:12,400 Speaker 3: just too tempted to gobble up the bounty of inflation. 115 00:05:13,120 --> 00:05:16,159 Speaker 3: And you know, I'm pretty sure the economics of their 116 00:05:16,240 --> 00:05:19,600 Speaker 3: labor cgg gets won't stack up without the inflation adjustments. 117 00:05:19,680 --> 00:05:23,320 Speaker 3: So just just my way in hell that said, it's 118 00:05:23,360 --> 00:05:26,560 Speaker 3: completely fair. It's it's it's completely fear to do it. 119 00:05:26,600 --> 00:05:28,799 Speaker 3: They should be doing that for income tax as well. 120 00:05:29,600 --> 00:05:31,240 Speaker 1: What's completely fair. 121 00:05:31,680 --> 00:05:34,680 Speaker 3: That's completely fair to index it for inflation. We shouldn't 122 00:05:34,680 --> 00:05:38,240 Speaker 3: be taxing people on what they're real especially for realization 123 00:05:38,360 --> 00:05:43,159 Speaker 3: based taxes. But it's it's the most fear thing that 124 00:05:43,240 --> 00:05:45,760 Speaker 3: could possibly happen too our tax system. That's why it's 125 00:05:45,760 --> 00:05:48,280 Speaker 3: popular across the board, both for income tax as well. 126 00:05:48,680 --> 00:05:51,480 Speaker 3: But there's too much money and governments will never give 127 00:05:51,560 --> 00:05:54,400 Speaker 3: up that ability to easily increase taxes without having to 128 00:05:54,400 --> 00:05:54,960 Speaker 3: tell anyone. 129 00:05:55,040 --> 00:05:57,839 Speaker 1: You'd agree that agree with that a Josie, Well. 130 00:05:57,640 --> 00:06:00,359 Speaker 2: Not, but everybody wants to pay less tax, right, So 131 00:06:00,360 --> 00:06:02,400 Speaker 2: if you ask people do you think it should be 132 00:06:02,560 --> 00:06:05,520 Speaker 2: inflation index they'll all say, yes, I want to pay less, 133 00:06:05,680 --> 00:06:07,720 Speaker 2: and but Liam, you're right that if you're going to 134 00:06:07,800 --> 00:06:10,120 Speaker 2: do it for capital gains tax, then you have to 135 00:06:10,120 --> 00:06:12,640 Speaker 2: do it for income tax too and that. But the 136 00:06:12,720 --> 00:06:15,520 Speaker 2: problem then is that we always have a political debate, 137 00:06:15,600 --> 00:06:18,680 Speaker 2: don't we about fiscal drag and whether or not to 138 00:06:18,920 --> 00:06:21,880 Speaker 2: let inflation increase your tax take. And so that is 139 00:06:21,880 --> 00:06:24,839 Speaker 2: a political decision. And I think whether for income tax 140 00:06:25,120 --> 00:06:28,400 Speaker 2: or for CGT or any tax, you have to you 141 00:06:28,480 --> 00:06:30,640 Speaker 2: have to make that a political decision. You can't just 142 00:06:30,720 --> 00:06:35,239 Speaker 2: say we're going to now do inflation indexing for every 143 00:06:35,360 --> 00:06:38,560 Speaker 2: tax because the tax take would massively drop, and then 144 00:06:38,560 --> 00:06:40,039 Speaker 2: you've got to work out what you're going to cut. 145 00:06:40,600 --> 00:06:43,679 Speaker 3: One correction, it's not about paying less, it's about paying 146 00:06:43,720 --> 00:06:46,640 Speaker 3: the same. It's not wanting to pay more. That's the 147 00:06:46,640 --> 00:06:48,760 Speaker 3: whole point of the indexation is to keep it real 148 00:06:48,800 --> 00:06:51,840 Speaker 3: and constant. Terms like the idea that indexation is some 149 00:06:51,920 --> 00:06:53,840 Speaker 3: kind of tax cut, which is what Labor said in 150 00:06:53,880 --> 00:06:55,800 Speaker 3: the past, is just wrong. It's just not right. 151 00:06:57,600 --> 00:06:59,960 Speaker 2: But there is always a debate, isn't there a monk 152 00:07:00,080 --> 00:07:02,719 Speaker 2: political parties as to whether or not you're going to 153 00:07:02,800 --> 00:07:05,200 Speaker 2: let the fiscal drag go on or whether you're going 154 00:07:05,279 --> 00:07:08,520 Speaker 2: to have sort of bring in the brackets and adjust it. 155 00:07:08,720 --> 00:07:10,880 Speaker 2: So what I'm saying is that those have to be 156 00:07:11,000 --> 00:07:13,640 Speaker 2: political discussions and we have to vote on what we 157 00:07:13,680 --> 00:07:16,040 Speaker 2: want or not. If you make it a law or 158 00:07:16,040 --> 00:07:19,280 Speaker 2: a rule that you're going to you're going to index 159 00:07:19,360 --> 00:07:23,080 Speaker 2: every attax to inflmation, then you're going to have some 160 00:07:23,200 --> 00:07:25,800 Speaker 2: massive questions to answer, which is how the hell you're 161 00:07:25,800 --> 00:07:26,840 Speaker 2: going to pay for stuff now? 162 00:07:26,840 --> 00:07:30,080 Speaker 3: But it is done elsewhere, It's under the United States, 163 00:07:30,080 --> 00:07:32,720 Speaker 3: for example, and it's been a game changer for the 164 00:07:32,760 --> 00:07:37,000 Speaker 3: low text cause, which is which is probably why if 165 00:07:37,040 --> 00:07:38,760 Speaker 3: you say it's a political decision. 166 00:07:39,760 --> 00:07:42,000 Speaker 1: Liam, can you explain why everybody's heading on in New 167 00:07:42,080 --> 00:07:42,520 Speaker 1: Zealand this. 168 00:07:42,560 --> 00:07:51,280 Speaker 3: Week or well, you know, like you get Josey to that, 169 00:07:51,400 --> 00:07:52,240 Speaker 3: I'll get my thoughts on that. 170 00:07:52,320 --> 00:07:55,239 Speaker 1: Okay, go Josie. Why is everybody in New Zealand this weekend? 171 00:07:55,720 --> 00:07:58,040 Speaker 2: Oh? God, where do I start? So the service is 172 00:07:58,080 --> 00:08:01,880 Speaker 2: bloody awful? I mean, you go on, I've had flights 173 00:08:01,960 --> 00:08:04,559 Speaker 2: canceled and then I've ended up in christ Church instead 174 00:08:04,560 --> 00:08:08,440 Speaker 2: of Auckland for bloody hours, hours and hours at midnight 175 00:08:08,600 --> 00:08:11,000 Speaker 2: or three am and then wait for flight at five am. 176 00:08:11,720 --> 00:08:13,280 Speaker 2: They lose your bags and then they give you a 177 00:08:13,280 --> 00:08:16,280 Speaker 2: thirty dollars option. So the service is low budget. The 178 00:08:16,400 --> 00:08:20,679 Speaker 2: price is so expensive. But wherever there's a wonderful airline 179 00:08:20,680 --> 00:08:22,560 Speaker 2: and I'm a great stand of air chatterms, I have 180 00:08:22,600 --> 00:08:24,400 Speaker 2: to say, but whether it's an air Chatters or a 181 00:08:24,480 --> 00:08:29,040 Speaker 2: jet Star competing, especially Jetstar, then suddenly Air New Zealand's 182 00:08:29,040 --> 00:08:31,520 Speaker 2: prices go down. So I just feel like they're taking 183 00:08:31,600 --> 00:08:33,720 Speaker 2: us for a ride and they're going to it's going 184 00:08:33,800 --> 00:08:36,679 Speaker 2: to hurt them because if you get more players coming in, 185 00:08:37,040 --> 00:08:40,560 Speaker 2: air chatterms grows, jet Star starts to take up more 186 00:08:40,600 --> 00:08:42,920 Speaker 2: customers than they're going to be in trouble. 187 00:08:43,400 --> 00:08:43,640 Speaker 3: Liam. 188 00:08:43,640 --> 00:08:44,760 Speaker 1: Do you fly the Orange Bird? 189 00:08:44,840 --> 00:08:46,480 Speaker 2: Yes, a lot. 190 00:08:46,600 --> 00:08:48,640 Speaker 3: Yes, I mean I'm. 191 00:08:48,480 --> 00:08:50,680 Speaker 1: About too though. How far away are you from flying 192 00:08:50,679 --> 00:08:51,320 Speaker 1: the Orange Bird? 193 00:08:52,520 --> 00:08:56,040 Speaker 3: Well, we don't have I've never had too many issues 194 00:08:56,040 --> 00:08:58,280 Speaker 3: personally with the New Zealand. It might because pals Off 195 00:08:58,320 --> 00:09:01,280 Speaker 3: Airport's so excellent that, you know, like it, they never 196 00:09:01,320 --> 00:09:04,200 Speaker 3: really ever have any problems. But the but the issue 197 00:09:04,280 --> 00:09:06,920 Speaker 3: was this year is what's sort of frustrating to me 198 00:09:07,720 --> 00:09:09,840 Speaker 3: is that it's exactly what Josie said about, you know, 199 00:09:09,880 --> 00:09:12,960 Speaker 3: the need when the competition they they up their game 200 00:09:13,040 --> 00:09:16,120 Speaker 3: and they reduce their prices until that competition is driven 201 00:09:16,160 --> 00:09:18,400 Speaker 3: out of the You know, it's like this natural monopoly 202 00:09:18,960 --> 00:09:21,560 Speaker 3: that that you know, you can only ever periodically you 203 00:09:21,600 --> 00:09:24,800 Speaker 3: have good airline service because it's only depends on whether 204 00:09:24,880 --> 00:09:26,400 Speaker 3: or not they're trying to drive someone out or not. 205 00:09:26,520 --> 00:09:28,719 Speaker 3: So I think, you know, there's certain structure all there 206 00:09:28,760 --> 00:09:29,640 Speaker 3: that has to be looked at. 207 00:09:29,920 --> 00:09:32,840 Speaker 2: Yeah, can I say one thing, Heather. They're also changing 208 00:09:32,880 --> 00:09:35,640 Speaker 2: that the miles frequent miles plans, and so you can't 209 00:09:35,640 --> 00:09:38,160 Speaker 2: get into the crow club anymore by flying lots. I 210 00:09:38,200 --> 00:09:40,360 Speaker 2: have spent years. I've literally brought my kids up in 211 00:09:40,400 --> 00:09:43,280 Speaker 2: the Corrow clubs who hoover the free food, but the 212 00:09:43,400 --> 00:09:46,520 Speaker 2: all blacks for autographs. That's stealing that away from us. 213 00:09:46,559 --> 00:09:49,080 Speaker 2: Now it's going to make it harder, not fair. 214 00:09:49,440 --> 00:09:52,600 Speaker 1: I know, everything everything good. First they took the newspapers, 215 00:09:52,640 --> 00:09:54,360 Speaker 1: then they took the cups that you could take on 216 00:09:54,400 --> 00:09:57,200 Speaker 1: the plane. Now they're taking the current club away all together. Guys, 217 00:09:57,200 --> 00:10:00,559 Speaker 1: thanks very much, appreciate it. JOSEPHGANI Liam here are huddle for. 218 00:10:00,600 --> 00:10:03,880 Speaker 4: More from Hither Duplessy Allen Drive. Listen live to News 219 00:10:03,920 --> 00:10:06,720 Speaker 4: Talk Set B from four p m. Weekdays, or follow 220 00:10:06,760 --> 00:10:08,520 Speaker 4: the podcast on iHeartRadio