September 18, 2024 • 9 mins
NZ has narrowly avoided a technical recession, but we ask the Deputy PM and NZ First leader if the world is on the verge of an economic recovery. Plus, we talk trade with Trump; whether Parliament is in "a state of decay" and whether Sir Winston is on the cards any time soon.
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Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Deputy Prime Minister Winston Peter is kicking off the country today.
I always appreciate his time. Before we get into you
having a scrap with Taparty, Mari, and good on you
for getting stuck into them. I want to talk about
the world economy. The Federal Reserve cutting interest rates by
half a percent? Is this the world officially in post
COVID economic recovery?
Speaker 2 (00:21):
Now? Well, yeah, in post COVID, but many countries have
not recovered, including our one. And we're in a very
serious state as Australia by comparison, not most different from
ours as an economy and as a country part in
the size. So yes, we're in recovery, so to speak,
(00:41):
but very careful, be very careful about the word recovery.
Speaker 1 (00:45):
Now when we're talking about the US. Of course, we've
got the presidential election coming up, and I know you
can't comment, especially wearing your Minister of Foreign Affairs hat,
but I put it to you that a Trump presidency
would not be good for free trade around the world,
especially if he looks at slapping a ten percent tariff
on anything imported into the States. Therefore, does it follow
(01:09):
that New Zealand farmers should be hoping Karmela gets past
the winning post.
Speaker 2 (01:15):
I can't comment on that, but the period of the
nineteen nineties and trade liberalism has all changed and has
changed in the last ten years. They're sort of retrencement there,
push back on that sort of free trader environment. It's
all tandramatic, which means that we have to spend much
more time on the road and much more cleverly ensuring
(01:38):
that our exports growth secure and that we do much better.
So we've got to put more evidence to it. I
can't comment on American elections because it might have an
effect if there was to go with it, well, you're
the wrong way. He would have a bad effect on
the Zealand economy and on New Zealand population. And I
see other so called politicians or past politicians getting involved,
and I think to myself, don't you look at and
(02:00):
understand how bad for the New Zealand people your long
decision might be if the outcome that happens ends up
in a certain way and you've been part of it.
Speaker 1 (02:11):
Okay, well you're talking about politicians on the road Luxeon, yourself,
Todd McLay, Judith Collins doing a good job on the
road but other politicians are on the road as well.
Chippy's over in Europe at the moment. Damian O'Connor was
there a week or so ago. What value at all
does it have for us as a nation sending opposition
(02:32):
politicians to the other side of the.
Speaker 2 (02:34):
World, well as an entitled within his position as I
was from leader to be able to do that. But
the real question is when you're in Palm making a
big speech about carbon footprint and those sorts of things,
what are you doing flying off there to a conference
where there's no potential value other than you're trying to
learn how they win in their country the UK as
(02:57):
opposed to you, the loss of Chippy and his team
last election, and here comes the rub. You know, losing
could be contagious of vas k starm. I'll be very
careful about listening to him come over.
Speaker 1 (03:09):
As labor basically unelectable, putting aside their own leadership issues,
but unelectable because their wagons hitched to to party Mari
and to a lesser degree the Greens minus James Shaw
the only sensible one in there.
Speaker 2 (03:26):
Well, I'm certain that they are members of the layor
party realize where that they're in a very serious situation
because they can't make it and won't be able to
get themselves up in the polls. And then they've got
the add ons, and those add ons are extremists. They're
not any more political parties. There are bunch of radicals
in some cases and it's deeply embedded in the Green
Party as well. This is not the days of you know,
(03:47):
for Simon's and McDonald and people like that. This is
a new bunch who are screaming ast of what you
might call versions of communism, state ownership and safe control
of everything. They've got a thousand ways of spending money,
not when one way of making money. That's the big
problem of their party's God. Now, I like the Party of Marlon,
the Party Murray. That's the level of outright outrageous radicalism
(04:09):
and accusation of other members of Parliament. It has got
to be a confronted head on and that includes the
Labor Party confronting the head on.
Speaker 1 (04:16):
Well, I see that you and Shane had the one
two hit on some unknown to party Maori MP in
parliament I think yesterday and you said parliament is and
I quote you in a state of decay, and I
see these people wandering around with hats, no ties. You're
suggesting people are even even wearing T shirts and sneakers
in there. What happened to decorum in the house.
Speaker 2 (04:39):
Well, I'm not suggesting it that it is happening all
the time, and it's contempt for the House, but it's
also contempt for the country of Mahari. The former minister
and May of this year, I think it was you
wrote an article for the New Jual Herald talking about
this and saying if you don't hold uphol standards, that
a level of behavior collapses as well. And that's what's happening.
You've got people shouting out don't know standing orders, carrying
(05:02):
on in the middle of a debate, not in fact
going off the notes, so to speak, but reading straight
from my laptop. I've never seen that, and that's why
I stopped the mister there. I said, this is going
to go on.
Speaker 1 (05:13):
Is it against the rules to read from a laptop
in Parliament?
Speaker 2 (05:18):
It's against them also actually read word for words. Your
job is to use you letter, have notes, but it's
better to be a debating chamber. A debating chamber suggests
that you're actually talking about something that's happening in your
current environment. But they come down with notes written by
their research unit, with no heed at all to the
need for debate. And that's what the debating chamber is about.
(05:41):
It's about debating the issues. If you've got a pre
ordaining position, come down to Parliament and what the person
before you might have said. You're not listening. And New
Zealands can see.
Speaker 1 (05:51):
That have politicians lost the art of oratory speaking off
the cuff? And I can say that you, along with
David Seymour and Damian O'Connor, are probably the only politicians
I speak to these days who don't ask for questions
and advance.
Speaker 2 (06:11):
Well, that's because I suspect nobody can listen to my request. Now,
I'm not saying this is a bit of a joke, but look,
I'm honestly the training for politicians in the past was
that they had the ability to speak, get up, read
the room and speak properly. So many have come without
any training at all, and as a stacking part of
them now about seventy five percent are knew. They don't
(06:34):
even know what the former environment was. They got no
understanding of how good long He was or Muldoon was
a different way or there I say the most exactly
Beata was toll Boys. He was extraordinary good. They've got
no memory of that. And I fear unless we changed
that environment. I'm talking to speak about that, Unless you
change that environment to get a better quality person, then
the whole thing is going to be in decay. And
(06:55):
starts with a simple thing of turning up like you
respect the institution, with the tie on and dressed properly,
not wearing cowboy hats in the middle of the dune
Parliament without other contempt. Who wears a cowboy hat in
these days?
Speaker 1 (07:08):
Well, I know, well I know someone who does, and
he looks stupid. Anyhow, Brian toallboys are Sir Brian Tallboys
a good Southland Hey, just to finish on, you commented
to me ahead of this interview about me being in
Wellington to accept an honor, and I said, well, surely,
Sir Winston's just around the corner now, I think, am
I right in saying you've turned down a knighthood?
Speaker 2 (07:30):
Yes?
Speaker 1 (07:32):
Are you going to be Sir Winston before they put
you in the ground.
Speaker 2 (07:37):
I didn't come to Parliament like a lot of people
for a cv experience. I came here time to make
a difference and to ensure that the best way I could,
I could ensure that whatever one dead was long term
minister of the country. Now I know something is going
to say, yeah, yeah, three bags full. No, I put
(07:58):
it on the line in countless court case where I
spent my money far more money than people got any
idea about this is out the tax money in a
huge cas is like the wine box and what have you,
that have saved this country billions and billions and tens
of billions of dollars because tax law was changed to
be substance, not formed.
Speaker 1 (08:16):
But Sir Winston Peters has a nice ring to it.
When you're on the cocktail circuit in Washington, when Crystal
ba Luxon puts you out to pasture over there to
be our ambassador.
Speaker 2 (08:27):
I'll declined being an ambassador twice in my past as well.
So no, that's not going to work at all, because
frankly I am when I leave this job, I'm going
to go fishing.
Speaker 1 (08:36):
Well, I've been fishing today and I haven't managed to
hook you on that one anyhow. Look, Deputy Prime Minister,
thank you very much for your time. Keep up the
fight for good standards in parliament. I think I agree
with you. It's in a state of decay. You need
to change the rules.
Speaker 2 (08:51):
Well look, when I first came to Parliament, we were
told breathe through your nose and moan something. But now
you've got people turning up. They don't know a had
of un school, touch shop and they're shouting out about
their views like you know. They've arrived there, set to go.
People running for mayoralties are twenty two years of age
to run for the mayoralty. Of booking at twenty two
years of age suggests that you're saying I'm so good,
(09:12):
I'm so experienced, I can run this biggest city, the
biggest city in Australasia in terms of municipal local government arrangements.
This is extraordinary stuff and I've wish some of the
journeys in this country. But we have a good hard
look at themselves and understand what they're actually seeing.
Speaker 1 (09:27):
Spoken like a knight, thank you very much for your time,
See you later.
Speaker 2 (09:31):
I'll call it a day, okay. See
Deputy Prime Minister Winston Peter is kicking off the country today.
I always appreciate his time. Before we get into you
having a scrap with Taparty, Mari, and good on you
for getting stuck into them. I want to talk about
the world economy. The Federal Reserve cutting interest rates by
half a percent? Is this the world officially in post
COVID economic recovery?
Speaker 2 (00:21):
Now? Well, yeah, in post COVID, but many countries have
not recovered, including our one. And we're in a very
serious state as Australia by comparison, not most different from
ours as an economy and as a country part in
the size. So yes, we're in recovery, so to speak,
(00:41):
but very careful, be very careful about the word recovery.
Speaker 1 (00:45):
Now when we're talking about the US. Of course, we've
got the presidential election coming up, and I know you
can't comment, especially wearing your Minister of Foreign Affairs hat,
but I put it to you that a Trump presidency
would not be good for free trade around the world,
especially if he looks at slapping a ten percent tariff
on anything imported into the States. Therefore, does it follow
(01:09):
that New Zealand farmers should be hoping Karmela gets past
the winning post.
Speaker 2 (01:15):
I can't comment on that, but the period of the
nineteen nineties and trade liberalism has all changed and has
changed in the last ten years. They're sort of retrencement there,
push back on that sort of free trader environment. It's
all tandramatic, which means that we have to spend much
more time on the road and much more cleverly ensuring
(01:38):
that our exports growth secure and that we do much better.
So we've got to put more evidence to it. I
can't comment on American elections because it might have an
effect if there was to go with it, well, you're
the wrong way. He would have a bad effect on
the Zealand economy and on New Zealand population. And I
see other so called politicians or past politicians getting involved,
and I think to myself, don't you look at and
(02:00):
understand how bad for the New Zealand people your long
decision might be if the outcome that happens ends up
in a certain way and you've been part of it.
Speaker 1 (02:11):
Okay, well you're talking about politicians on the road Luxeon, yourself,
Todd McLay, Judith Collins doing a good job on the
road but other politicians are on the road as well.
Chippy's over in Europe at the moment. Damian O'Connor was
there a week or so ago. What value at all
does it have for us as a nation sending opposition
(02:32):
politicians to the other side of the.
Speaker 2 (02:34):
World, well as an entitled within his position as I
was from leader to be able to do that. But
the real question is when you're in Palm making a
big speech about carbon footprint and those sorts of things,
what are you doing flying off there to a conference
where there's no potential value other than you're trying to
learn how they win in their country the UK as
(02:57):
opposed to you, the loss of Chippy and his team
last election, and here comes the rub. You know, losing
could be contagious of vas k starm. I'll be very
careful about listening to him come over.
Speaker 1 (03:09):
As labor basically unelectable, putting aside their own leadership issues,
but unelectable because their wagons hitched to to party Mari
and to a lesser degree the Greens minus James Shaw
the only sensible one in there.
Speaker 2 (03:26):
Well, I'm certain that they are members of the layor
party realize where that they're in a very serious situation
because they can't make it and won't be able to
get themselves up in the polls. And then they've got
the add ons, and those add ons are extremists. They're
not any more political parties. There are bunch of radicals
in some cases and it's deeply embedded in the Green
Party as well. This is not the days of you know,
(03:47):
for Simon's and McDonald and people like that. This is
a new bunch who are screaming ast of what you
might call versions of communism, state ownership and safe control
of everything. They've got a thousand ways of spending money,
not when one way of making money. That's the big
problem of their party's God. Now, I like the Party of Marlon,
the Party Murray. That's the level of outright outrageous radicalism
(04:09):
and accusation of other members of Parliament. It has got
to be a confronted head on and that includes the
Labor Party confronting the head on.
Speaker 1 (04:16):
Well, I see that you and Shane had the one
two hit on some unknown to party Maori MP in
parliament I think yesterday and you said parliament is and
I quote you in a state of decay, and I
see these people wandering around with hats, no ties. You're
suggesting people are even even wearing T shirts and sneakers
in there. What happened to decorum in the house.
Speaker 2 (04:39):
Well, I'm not suggesting it that it is happening all
the time, and it's contempt for the House, but it's
also contempt for the country of Mahari. The former minister
and May of this year, I think it was you
wrote an article for the New Jual Herald talking about
this and saying if you don't hold uphol standards, that
a level of behavior collapses as well. And that's what's happening.
You've got people shouting out don't know standing orders, carrying
(05:02):
on in the middle of a debate, not in fact
going off the notes, so to speak, but reading straight
from my laptop. I've never seen that, and that's why
I stopped the mister there. I said, this is going
to go on.
Speaker 1 (05:13):
Is it against the rules to read from a laptop
in Parliament?
Speaker 2 (05:18):
It's against them also actually read word for words. Your
job is to use you letter, have notes, but it's
better to be a debating chamber. A debating chamber suggests
that you're actually talking about something that's happening in your
current environment. But they come down with notes written by
their research unit, with no heed at all to the
need for debate. And that's what the debating chamber is about.
(05:41):
It's about debating the issues. If you've got a pre
ordaining position, come down to Parliament and what the person
before you might have said. You're not listening. And New
Zealands can see.
Speaker 1 (05:51):
That have politicians lost the art of oratory speaking off
the cuff? And I can say that you, along with
David Seymour and Damian O'Connor, are probably the only politicians
I speak to these days who don't ask for questions
and advance.
Speaker 2 (06:11):
Well, that's because I suspect nobody can listen to my request. Now,
I'm not saying this is a bit of a joke, but look,
I'm honestly the training for politicians in the past was
that they had the ability to speak, get up, read
the room and speak properly. So many have come without
any training at all, and as a stacking part of
them now about seventy five percent are knew. They don't
(06:34):
even know what the former environment was. They got no
understanding of how good long He was or Muldoon was
a different way or there I say the most exactly
Beata was toll Boys. He was extraordinary good. They've got
no memory of that. And I fear unless we changed
that environment. I'm talking to speak about that, Unless you
change that environment to get a better quality person, then
the whole thing is going to be in decay. And
(06:55):
starts with a simple thing of turning up like you
respect the institution, with the tie on and dressed properly,
not wearing cowboy hats in the middle of the dune
Parliament without other contempt. Who wears a cowboy hat in
these days?
Speaker 1 (07:08):
Well, I know, well I know someone who does, and
he looks stupid. Anyhow, Brian toallboys are Sir Brian Tallboys
a good Southland Hey, just to finish on, you commented
to me ahead of this interview about me being in
Wellington to accept an honor, and I said, well, surely,
Sir Winston's just around the corner now, I think, am
I right in saying you've turned down a knighthood?
Speaker 2 (07:30):
Yes?
Speaker 1 (07:32):
Are you going to be Sir Winston before they put
you in the ground.
Speaker 2 (07:37):
I didn't come to Parliament like a lot of people
for a cv experience. I came here time to make
a difference and to ensure that the best way I could,
I could ensure that whatever one dead was long term
minister of the country. Now I know something is going
to say, yeah, yeah, three bags full. No, I put
(07:58):
it on the line in countless court case where I
spent my money far more money than people got any
idea about this is out the tax money in a
huge cas is like the wine box and what have you,
that have saved this country billions and billions and tens
of billions of dollars because tax law was changed to
be substance, not formed.
Speaker 1 (08:16):
But Sir Winston Peters has a nice ring to it.
When you're on the cocktail circuit in Washington, when Crystal
ba Luxon puts you out to pasture over there to
be our ambassador.
Speaker 2 (08:27):
I'll declined being an ambassador twice in my past as well.
So no, that's not going to work at all, because
frankly I am when I leave this job, I'm going
to go fishing.
Speaker 1 (08:36):
Well, I've been fishing today and I haven't managed to
hook you on that one anyhow. Look, Deputy Prime Minister,
thank you very much for your time. Keep up the
fight for good standards in parliament. I think I agree
with you. It's in a state of decay. You need
to change the rules.
Speaker 2 (08:51):
Well look, when I first came to Parliament, we were
told breathe through your nose and moan something. But now
you've got people turning up. They don't know a had
of un school, touch shop and they're shouting out about
their views like you know. They've arrived there, set to go.
People running for mayoralties are twenty two years of age
to run for the mayoralty. Of booking at twenty two
years of age suggests that you're saying I'm so good,
(09:12):
I'm so experienced, I can run this biggest city, the
biggest city in Australasia in terms of municipal local government arrangements.
This is extraordinary stuff and I've wish some of the
journeys in this country. But we have a good hard
look at themselves and understand what they're actually seeing.
Speaker 1 (09:27):
Spoken like a knight, thank you very much for your time,
See you later.
Speaker 2 (09:31):
I'll call it a day, okay. See
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