Full Show Podcast: 14 October 2024

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:02):
Pressing the newswakers to get the real story.

Speaker 2 (00:04):
It's Heather duplicy Ellen drive with one New Zealand let's
get connected you Storp said.

Speaker 3 (00:10):
Be.

Speaker 4 (00:13):
Hey, good afternoon, welcome to the show. Good to be
back with you today. Coming up, we have got Peter Dunn,
political commentator who will have a look back one year
on from the election and tell us how he thinks
the government's doing. Government wants to increase New Zealand's fuel
reserves from three weeks.

Speaker 5 (00:28):
To four weeks.

Speaker 4 (00:28):
We'll have a chat to Transporting New Zealand about that
and also Robin Oliver, tax expert on another banking boss
wanting us to pay more taxes.

Speaker 1 (00:38):
Heather Duplessy Ellen.

Speaker 4 (00:40):
Yeah, So, as I say today, mark's exactly a year
since we went to the election, since we voted to
get rid of the Jinda Chippy lot and swap them
out for the Luxe and Peters Seymour coalition government. And
an anniversary does feel like a really good place, doesn't
it to have a look and assess whether this government
is doing what we want them to be doing. And
to be honest with you, the overriding feeling that I
have with the coalition government is that there is just

(01:01):
a sense of disappointment, isn't there with them. It's not
because of what they're doing, because actually what they're doing
is exactly what they said they were going to do,
and they are moving very very fast. It was actually
impressive how much they're managing to get done. They started
cutting back the public service, They've given us tax relief,
They've repealed the Auckland fuel tax, They've repealed the ute tax,
they've repealed the fair pay agreements, got rid of the

(01:23):
three waters, started writing the beneficiaries a little harder like
they should, started cracking down on truancy, like they should,
get rid of the phones. And because I mean, I
could go on. The list of things that they have
managed to do in the space of the year is
actually astounding. But still despite all of that, there is
the sense of disappointment. You can see it in the poles.
We've got a poll coming out tonight. I don't know
what it says, but the most recent poll before that

(01:45):
is the one on Friday, which was the Curier Pole
Taxpayers Union. Pole has the combined government parties, if you
add them all up on just slightly more than fifty
two percent. Now That's not resounding popularity, is it, Especially
when you consider how much we in the end hated
what justind Ar Dune and Chippy were doing. You would
expect that the Lot that comes up and cleans up
after them would have this massive wave of popularity. But no,

(02:08):
and I reckon the problem that we've got is actually
that we're not comparing them to Jacinda Ardune's Lot. We're
comparing them to John Key's government, and they're not John
Key's government. That's actually what we wanted after all the
drama of Jacinda and COVID and the poor spending that
was going on. I think what we really wanted to
do was go back to the glory days and the
settled healcion days of John Key being in charge and

(02:29):
us getting richer while we ride that economic wave of
Chinese demand for all of our products. Right, we were
getting rich and things politically were settled, and it was
an awesome time, and that's what we wanted. But then
what we got instead is a couple of recessions. Not
this government's fault, but until the economy improves and we
feel richer, their polls will suffer for it. And what
we got was Chris Luxen kind of like a John

(02:51):
Key minimy, but not John Key and the guys running
a three party proper MMP coalition government for the first
time that squabbles with itself and is having to undo
all the ump popular stuff that Jcinda did, but which
comes with feeling of fractiousness, isn't it again not their fault.
But as long as there is upheaval and angry commentators
in the Herald and on stuff, their polls will suffer
for it. I think a year in, I think this

(03:13):
government is actually doing a great job of doing exactly
what it said it would do and doing it really fast.
But I don't think it will ever be rewarded for it. Politically.
I think it will always be a little bit of
a sense of a disappointment around this coalition government.

Speaker 1 (03:27):
Heather duper Cela all the way Peter done.

Speaker 4 (03:29):
Is with us after five o'clock on that You're welcome
to away in nine two nine two as the text
under standard text fees apply now. One of New Zealand's
largest festivals, Bay Dreams, has announced it's no longer going
to go ahead. We're supposed to go ahead this summer.
Promoters are struggling to bring big artists into the country.
The organizers were trying to book the world's biggest rapper,
Kendrick Lamar or one of at least to headline the festival,

(03:51):
which was supposed to be hold held in Totunga and Queenstown,
but then the cost of booking him alone blew out massively,
so the promoters canceled the festival altogether. Founder and director
of Rhythm and Alps Alex Turnbull is with us right now.

Speaker 6 (04:02):
Alex, Hello, Heather good, that's name.

Speaker 4 (04:05):
Alex is going through the list and trying to figure
out if this is the biggest festival that's been canceled
in the country.

Speaker 6 (04:10):
Is it, well, there's been you knows, are cancling or
not for whatever reasons. The good ones are in there,
The good ones are staying around. Established brands are there.
You know, it's a very dangerous position to be relying
on an artist to sell your festivala There are so

(04:30):
many more lines that contribute to the festival brands such
the experience is really really key things. Whether it's the
biggest festfort's canceled, I'm really not sure that the.

Speaker 4 (04:41):
Argument is Alex, that you have to rely on a
big name, because if you haven't got a lot of
money in a recession, you know, like the punters out
there don't have a lot of money to spend, they're
not just going to spend it willy nilly. They want
to know that they're going to go see a really
amazing artist. Would you disagree with.

Speaker 6 (04:54):
That, Well, yes, in some ways it would. I mean,
you know, we have a response for to keep the
young New Zealanders safe at these events. And you know,
a good festival brand does look after its people. It's
about the experience. And if you get into a position
where you have to book the biggest act in the world,
where you're in a pretty dangerous situation whereby you relying

(05:15):
on it, you know you can't lose control. But if
a brand is all about the experience in the long term,
it's long game. That's what matters to the people.

Speaker 4 (05:24):
Okay, So if you're not going for Kendrick Lamar, who
should you be going for?

Speaker 6 (05:29):
Well, that's the million lot of question. I mean, you know,
we've all the New Zealand's we're really really lucky position line.
We've got Coldpaid coming through next month with Travis Scott,
We've got Phil jam. But you know, at the same time,
New Zealand musicians and New Zealand music people love music.
You know, you've got there's great acts like Shapeshift coming
through in Hawk's Bay and Crew Mandal in the summer.

(05:52):
New Zealanders love their own so we don't have to
see the bigger facts in the world. Nice if they
hear again sometimes the realization of that it can be
that far.

Speaker 4 (06:04):
When when is your festival on.

Speaker 6 (06:07):
Rhythm up to semi thirty thirty one every year?

Speaker 4 (06:10):
Where you now started selling tickets yet?

Speaker 6 (06:13):
Yeah, yeah, we're about twenty per cent up and you know,
ourn Aen We're lucky. You know, we put a lot
of effort into the experience to keep people safe, you know,
and isn't it I mean rhythm and vines and givesment's
the same thing. So you know we've spent a lot
of due diligence of time and staff and getting it
right to make sure our young people are safe and

(06:35):
well at better.

Speaker 4 (06:36):
Yeah, you guys have got a great brand. Ay What
are these guys were saying, by the way, and I'd
be fascinated to know if you were experiencing this, this
is beaydreams. They were saying that artists who would have
charged maybe three hundred three fifty thousand previously are now
charging a million plus. Is that are you seeing that?

Speaker 6 (06:51):
Well, it depends on your negotiation. I mean everything. An
agent will sell an artist to a booker under certain
terms and additions the time of the year. How many
other shows are around based at the relationship they have,
what the building is. There's very multiple angles that make
up the cost of a to bring an artist in.

(07:11):
And yes, I mean right across the board. I think
everything's gone up to the twenty three to forty percent
in the event industry in the last two or three years.
I haven't heard jumps like that. I mean, you know,
the end of the day, these artists can charge what
they want, and he decided to pay it or not,
it's your choice.

Speaker 4 (07:26):
Yeah, hey, thank you, Alex appreciated. That's Alex Turnbull, founder
and director of Rhythm and Alps, was trying to figure
out if it was the biggest I think it might
be the biggest festivals. A bunch of minow festivals have
been canceled in the country and stuff like that fallen
over and whatnot. Biggest festival over in Australia was probably
Splendor in the Grass. It was canceled earlier this year,
and then this one will be the biggest one here,
I think. Listen Goldra's garment. Quick update on her goldris

(07:49):
is appealing her shoplifting convictions and because she thinks that
they may possibly maybe not sure but maybe but not sure,
but maybe get in the way of her getting a job.
Weak argument, Goleraz, you gotta do better than that, mate.
So what she's done is she's applied for a job.
She applied in June this year for a job at

(08:09):
the International Criminal Court. And you can't work at the
ICC if you've been convicted of serious criminal offending yourself
for obvious reasons. So her lawyer's gone to the court
and argued that the conviction should be overturned so she
can get this job. But weak argument because they're not
sure if her convictions are of a serious enough of

(08:29):
offense level to kind of cancel her out of the job.
And then also the lawyer didn't pony up any evidence
as to whether the ICC is actually actively considering her
for the job or not, Like, is she still in
the recruitment, she's still in the is she still as
ah still got her file or did they sit back on? Nah? Thanks,
we don't know because the lawyer didn't tell us. And
then also does the ICC not have Google? Because I

(08:52):
feel like that's gonna That's a thing, isn't it. They'll
just be like, oh, look, here's an applicant goleras are
dear convictions or not? Don't you think? Six the past four.

Speaker 2 (09:01):
Digging deeper into the day's headlines, it's Heather Duper c
Allen Drive with One New Zealand One Giant Leap for
business US Talk said B Sport with tab get your
bed on a eight bed responsibly.

Speaker 4 (09:16):
Jason Pine sports stalkhosters with me he Piney, Hello, Heather, Hey,
you're sounding excited. What's up?

Speaker 7 (09:22):
Well you're back?

Speaker 4 (09:23):
Oh jeez, aren't you lovely? Poney? It's a live i've
ever heard? Are you just feeling it's Monday?

Speaker 7 (09:30):
Who gets excited about mondays?

Speaker 4 (09:31):
I don't know, but that they must exist somewhere, they
must get I guess you're right someone in the world. Hey,
does this sound to you like Ben Ainsley's a little
bit just a little bit rattled.

Speaker 8 (09:41):
Yeah, he had a bit of a waird, isn't he
I think he's misheard Stephen MacIvor. Actually, you've hurt this audio, right, Yeah,
I think he's misheard what Stephen McIvor has said. I
think Stephen mcciv says, are you still in this? Because
that's the feeling I get coming off your boat. I
think Ben Ainsley thinks he says, that's not the feeling
I get coming off your boat. Stephen Kaiva, like most
broadcasters myself included, speaks quite fast. I think he's misheard him.

(10:05):
Either way, he's had like I says, Yeah, I think
he's a bit rattled. They've spent tens and tens of
millions of dollars on this campaign. They're still on zero.
They've got to win seven of the next ten now
to win the America's Cup.

Speaker 7 (10:18):
Yeah. I just think he's Yeah, maybe rattle is a
good word.

Speaker 4 (10:22):
Piney. Let's have a listen. Let's let's see if you're right. Nah. No,
So I've been away for a week, and so can
you play it, Laura. Yeah, No, they've taken the they've
taken Poney, they've taken the privilege of playing audio out
to you away for a rest.

Speaker 9 (10:39):
They're feeling coming off your boat, you're close when it
comes to performance because they get their feeling coming off
your boat.

Speaker 10 (10:48):
Yeah, you and your mate.

Speaker 9 (10:53):
Okay, I'll take that one on the chain and thanks buddy.

Speaker 4 (10:59):
Okay. So was the word that I've been trying to
figure it out. The word that he used, the W word?
Was that the one that rhymes with banker?

Speaker 7 (11:05):
I think so?

Speaker 4 (11:06):
Yes, okay did Yeah, he did seem to take a
little bit tough. And what it makes me think is
that they know they're going to lose this.

Speaker 7 (11:12):
What do you think? Yeah, I know they're totally going
to lose this.

Speaker 8 (11:14):
Although those of us who are around in twenty thirteen,
you and I included, knew what happened at eight to
one ahead, So far be it from us to you know,
suggest any kind of fate or complete here. But this
isn't This isn't a boat that's going to come back.
And for example, New Zealand get six and a up,
they're not going to win it seven six. I look
at Peter Berlin, what an absolute champion of a man.
You know, I think he's he's going to guide us

(11:37):
almost stress free to the America's Cup.

Speaker 7 (11:40):
That's how I feel about it.

Speaker 8 (11:41):
And I think, yeah, I think Sir Ben's just like
I say, rattled misheard that question. They you know, they
had to dependally get race Peneral to get the start,
almost collided with with with us.

Speaker 7 (11:52):
Yeah, I just think it was a bad day for
sir Ben.

Speaker 4 (11:54):
Piney, do you think that we need to have this
conversation about bringing the America's Cup back to New Zealand?
Has the ship sailed?

Speaker 7 (12:02):
Its sailed?

Speaker 4 (12:02):
It has, hasn't it?

Speaker 7 (12:03):
Yeah?

Speaker 8 (12:05):
I just we yarned about the schest at our on
weekend Sport. I just can't see it heither. I'd love
to see it, of course if if it was in
Auckland at the home. I mean, there'll be thousands and
thousands and thousands of people loving it, you know. Holdly
you go with what I'm at a harbor, but no,
I just can't see it.

Speaker 4 (12:17):
Yeah, I'm with you, Piney, thank you so much. Thanks
for your enthusiasm. By the way, at the start, that's
Chase and pine It's like it it's like when you
come home to your dog, Hey, and the dog's excited,
or your two year old three options now Piney the
dog or the two year old sports talk host. By
the way, he'll be back at seven o'clock this evening.
I think what's happened, by the way here with my
privileges on the computer, is that actually they've taken them
away from the boys ahead of me, because this is

(12:39):
the first day that I'm following in after Matt and Tyler,
and things have changed. Things have changed since Matt and
Tyler have been here, and I think what they've done
is they've just taken all the privileges of actually having
the ability to play from your computer out to the
nation away from those boys, which means that it has
also unfortunately affected me, so we will have to change them.
They're ruining my life. We're going to have to change

(13:00):
some things around him as a result of that, So
I apologize for that stuffer. Hither the current government are
doing well, but the way that the fairy saga has
played out has been a total cock up, canceling the
contract rather than looking at downsizing and leveraging the existing
contractor's madness, we will never get new fairies at the price. Ever, again,
it's state Highway on water and tourism relies on them.
I think that's fair. I also think that's one of

(13:21):
the side effects of moving as fast as they are,
bad decisions sometimes are taken.

Speaker 2 (13:25):
For twenty three, digging deeper into the day's headlines, it's
hither duper clan drive with one new Zealand let's get
connected and new stalks.

Speaker 4 (13:35):
That'd be twenty five. Chris Luxon at the moments just
holding his post cabinet press conference. He's just announced that
Sir Brian Roach is going to be the new Public
Services Commissioner.

Speaker 11 (13:43):
Well, I'm really pleased we've been able to secure someone
of his caliber, so they actually hit the ground running
on day one. But both Nicola and my message to
him is that we want to see improved performance from
the public service. We want to see obviously the delivery
of the government's goals and targets, but importantly, we also
want to see the development of the next generation of
talent within the public service. We have incredible public servants

(14:04):
and we want to make sure that we're developing that
next rung of talent that will be the future CEOs
of these organizations in the years to come.

Speaker 4 (14:11):
Uh And there he hints at the problem with bringing
Sir Brian Roach into the I think Brian Roach may
well be the right guy to do this job. They've
been trying, basically, been trying to convince him for months
now to take the job. It's been the biggest open
secret in Wellington. But the problem that they've got is
what Chris Luxon just hinted at is that the public
sector they're like any organization, right, they expect one of

(14:31):
their own to be promoted into the big job. And
instead what's happened is the government's gun for hire has
just been brought in, chopping into the role and dump
there so they will be Oh and it's not as if,
you know, like the government can't really afford to have
the public sector anymore offside with them than they already are.
But anyway, whatever I mean, if anybody's capable of doing
the job, I'm sure he is. And who really cares

(14:52):
what the public servants think at the moment? Hardly flavor
of the month are they anyway? Barry soaper On that
when he's with us shortly God and I'm already getting
texts on this another banking boss calling for more taxes.
This is Victoria Short, the ASB chief executive. She's we
obviously had the A and Z boss recently saying she
wants the CGT now. Now, Victoria Short from ASB says,

(15:14):
it doesn't really matter what tax. We just need to
pay more tax because we need to build infrastructure in
this country, because she was paying more tax in Australia
and so if Australia does it, it must be awesome. Not
really keen, I personally feel like we could. Why don't
we try some PPPs have a bit of private money
come and build the infrastructure, not us, But anyway, we're
going to talk about that later on. Just get you

(15:35):
some of it across some of the texts coming and
already headlines.

Speaker 6 (15:37):
Next, the.

Speaker 2 (15:43):
Day's newsmakers talk to Heather first, Heather duple c Allen
drive with One New Zealand let's get connected and news
talk z B.

Speaker 4 (15:57):
Down Bread still barrisocas to us and ten minutes Oliver
Peterson is standing by. If you haven't seen what the
Film Commission has been doing with its money, made a manner,
you don't want to see this.

Speaker 8 (16:14):
It flew.

Speaker 4 (16:14):
Look, when you work in the news business, it takes
a lot to shock you because you're constantly getting shocked
by stupid stuff. This really shocked me, so stand by.
I'll give you that detail. Shortly, the government is a
little bit worried by the way about what's going on
with our diesel reserves. Of all the things, that's the
thing that they are concerned about. There was legislation that
was passed by the previous government that mandated that from

(16:35):
first January next year, importers of fuel would be required
to hold a certain amount, So it'd be twenty eight
days worth of cover for petrol, twenty four days worth
of cover for a jet fuel and twenty one days
for diesel. And Shane Jones isn't sure that that's enough,
and he may want to increase it to twenty eight
from three weeks to four weeks for the diesel. We
have a chat to Transport in New Zealand ten past
five and just see why that's so important. It's twenty

(16:55):
four away from five.

Speaker 1 (16:57):
It's the world wires on Newstalks.

Speaker 4 (17:00):
Police say that the man arrested outside a Trump rally
in California was planning to kill Donald Trump. Las Vegas
man them Miller was arrested at a checkpoint near the
rally carrying a loaded shotgun, a handgun and a high
capacity magazine. Here's the local sheriff.

Speaker 12 (17:14):
The deputy eventually found multiple passports with multiple names, multiple
driver's license with different names. The vehicle was unregistered and
the license plate was what we in law enforcement would
recognize as one that is homemade.

Speaker 4 (17:33):
SpaceX has managed to throw a rocket up into space
and catch it on the way back down. It's actually
impressive when you see the video. The rocket boosters. What
happens is they usually separate from the spacecraft during launch,
then they crashed into the ocean somewhere. But the booster
from SpaceX a Starship launch flew itself back to the
launch pad early this morning and it was caught by
some robotic arms attached to the launch tower, kind of

(17:53):
like being pincered by two chopsticks. OURS Technical Senior Space
editor Eric Burgess says this tech will allow SpaceX to
get more than one use out of its rocket boosters.

Speaker 7 (18:02):
In work today.

Speaker 13 (18:03):
The first time it was incredible, and the idea is
then that you can just basically take the rock, CAN'DI
leaver it and lower it back down onto the orbital
mount the launched from, refurnish it, refuel it, and then
launch again. So it really is a critical step if
you want to get to rapidly usable.

Speaker 4 (18:17):
And finally a woman from China has pleaded guilty to
trying to smuggle twenty nine turtles into Canada on a kayak.
As if that story wasn't good enough, the kayak features
as well. The woman was caught red handed by the
US Border Patrol with a duffel bag full of twenty
nine re box turtles and an inflatable kayak that she

(18:38):
was planning to paddle across a lake that straddles the
US Canada border. Law enforcement went through her phone and
found that she was actually planning to sell the turtles
in Hong Kong, where they are in high demand. They
can go for as much as sixteen hundred New Zealand dollars.

Speaker 2 (18:49):
A pop International correspondence with ends and eye insurance, Peace
of mind for New Zealand business.

Speaker 4 (18:55):
Olli Peterson sixty hour pers life presents with us OLLI
Hello are you there, Olie?

Speaker 14 (19:02):
Yeah?

Speaker 4 (19:03):
I got and clear.

Speaker 10 (19:04):
Can you hear me?

Speaker 15 (19:04):
Yeah?

Speaker 4 (19:04):
I can hear you now? Good to hear your dolcet tones.
They may listen. So the calls for these speeding finds
to be based on income, right, this is not new.
What's brought it up?

Speaker 10 (19:13):
Now?

Speaker 15 (19:14):
Well, you know we're the nation of a fair go header,
you know' that's what Australia is all about. And the
thing called the Australia Institute, which is a left wing
think tank, has decided that it's just not fair that,
you know, two hundred bucks to a low income earner
who might be on the doll having to fork that
out because they've broken a speeding law versus the billionaire
who you know, two hundred bucks might just be a

(19:35):
drop in the ocean.

Speaker 10 (19:36):
They're looking towards.

Speaker 15 (19:37):
I think it's Finland, where there was recently a bloke
who was fined two hundred thousand dollars for going thirty
k's above the speed limit because he was driving his
very fast European manufactured car and he obviously didn't care.
But they're indicating that this is, you know, we'll start
to provide a bit more of an equitable situation and
it might start to bring down the road tile.

Speaker 10 (19:58):
Look, I'm not so sure.

Speaker 15 (19:59):
I I'm not saying don't do it, but I just
think that there's probably other ways to try and bring
down the road tole than pegging the fine to somebody's
so somebody's wealth.

Speaker 4 (20:07):
Do you not have a system like we have here
where we get a phone, but we also get demerit points,
and when you rack up a certain number of demerit points,
you lose your license.

Speaker 10 (20:17):
Yeah, correct, we have the same system.

Speaker 15 (20:18):
But in Wa obviously where I live these days, I
think they're really quite generous, where basically, if the speed
limits sixty k's an hour, you can travel at seventy
k's an hour before the demerits start kicking in. So
naturally everybody drives at seventy k's an hour because they're
risking a hundred dollars fine. Whereas if you live in
Sydney or Melbourne, if you're caught doing say sixty three

(20:39):
and a sixty zone, demerits start kicking in, So.

Speaker 10 (20:42):
I'd look at it that way.

Speaker 15 (20:43):
But yeah, you get twelve demerits and then all of
a sudden, if you don't have it, you.

Speaker 4 (20:46):
Don't feel disincentive, right, I mean, you've got a billionaire
and they often I know people who do this because
they're so low that they don't really care about what
the costs of breaking the law. But when they face
the possibility of losing their license, like every single one
of us, that's the equal there.

Speaker 10 (21:00):
Isn't it. Of course, absolutely, and maybe that's it.

Speaker 15 (21:03):
You know, we have double the merit weekends obviously around
holidays and the like, so the chances, you know, losing
two points might go to four. Maybe you need that
permanently because the risk, as you save, losing your license
is more severe than perhaps the fonts exactly.

Speaker 4 (21:14):
Hey, has NAB got a problem with drinking?

Speaker 10 (21:17):
Well, they reckon, they do.

Speaker 15 (21:19):
They're quite a you know, they've still got that interesting
culture which look a lot of companies do where they
have midweek drinks and you know, after work drinks when
deals have gone through and know a few beers are
open in the office. So look, they're calling on a
booze band and they want to organize this by Christmas.
And they're not the only bank to do it coming
with bank? Does I think the A and Z Bank
does it here as well. I mean, look, there's two
sides to this, right. One, it's obviously a cost saving

(21:40):
exercise from the companies if they're going to be putting
on drinks for staff regularly. But two, they're saying that yes,
it's created some antisocial behavior and obviously some human resources
issues amongst colleagues. Because Grog's in, Truth's out and who
knows what else is out at that stage.

Speaker 10 (21:56):
So look, it's funny, isn't it. I was reflecting on
it at our company this year.

Speaker 15 (22:00):
We've gone from the trend of having it, you know,
a Friday or Saturday night Christmas party to a Thursday
night Christmas party. And a lot of people in the
office say, well, that's just an Australian heather because you
can't go out and have a good night and they're
going to rock up to work the next day or
are we all taking a you know, an ardo on
the Friday but you know one again, it's bringing costs down,
isn't it, from the company's point of view, And they

(22:20):
want us to turn up to work on a Friday.

Speaker 4 (22:22):
Yeah, I think there's some benefit in actually having a
tipple with your colleagues, and I think we're losing it.
But anyway, what if are too busy to care anyway?

Speaker 13 (22:30):
You know what?

Speaker 6 (22:31):
Do you know what I mean?

Speaker 4 (22:32):
Like when you've got little kids, you're like, you go
out and booze everybody else. I'm just yeah, I'm planning
to wake up tomorrow to.

Speaker 15 (22:39):
Start correct and I'll be waking up at five o'clock
tomorrow morning. Regardless if I have one beer or five
beers or five hundred beers, because he's still waking up
at five am.

Speaker 4 (22:47):
S mate, Hey listen, So Scomo's got himself another job
as he's joining the space race.

Speaker 10 (22:53):
Yeah, that's right. It's called Space Australia.

Speaker 15 (22:56):
I think he's the name of the organization or space
Center Australian who are ambitiously trying to launch rockets out
of Cape York in Northern Queensland. Look, I'm not trying
to sound pessimistic, but I would be very surprised if
they ever launched a rocket out of Cape York in
fin North Queensland. Maybe you know the timing of the
announcement as well, when were just talking about Elon Musk
in the World Wise and those pictures are spectacular catching

(23:19):
that rocket. I know Australia wants to be involved in
this space tase and I think that's fantastic. But you know,
launching rockets out of Australia is one thing. I think
it's a little bit pie in the sky.

Speaker 4 (23:28):
Being well, you never know, you could catch up. We're
doing it already, so maybe you can join us. Hey, Ollie,
thank you, look after yourself. Oliver Peterson six PR Perth
Live presenter. Hither, it's all very good for a multimillion
dollar bank CEO to say we should all be paying
more tax. I'm a pensioner with the debt free home
that I worked hard to pay off by retirement. The
huge increases in rates and insurance in the last couple
of years has made budgeting difficult. Here the why don't

(23:50):
you ask Robin Oliver if an increased tax rate for
financial institutes would cause any significant issues. There are quite
a few people along these lines texting to say that
maybe the tax that we need is a is a
tax on banks, seeing as the banks are so keen
for us to get more taxing. Hither, we don't need
to pay more tax. You've only got to look at
what Ashburton's spending its money on the new library. Twenty

(24:11):
thousand people are paying for a sixty two million dollar building.
That's three thousand dollars per person. That's basically that's an
entire years worth of rights. Vash Burton, it's madness. It's
basically the argument, if you increase your taxes, just increase
the opportunity for people spending that money to spend it
on stupid stuff. Anyway, we are going to talk to
Robin Oliver. He'll be with us after hup US five.
And the question I've got it for him actually is

(24:32):
why why are these banking ladies all of a sudden
just so keen for us to pay? What's going on?
Is this a personal branding thing for them? We're like, look,
get on the right side of history, right call for
more taxes? Or do they really really believe it could
be either or so we'll ask him about that. Barry
Soaper is next sixteen away from.

Speaker 2 (24:52):
Five Politics with Centrics credit check your customers and get
payments certainty.

Speaker 4 (24:57):
Barry Sooper, senior political correspondence with US. So, Barry, what
a surprise.

Speaker 3 (25:01):
Brian Roach, Well, his name has been mentioned around so
often that months. Brian Roach really has been the go
to person for successive governments going right back to Jim Bolger's.
So he's been around for time and memorial basically, and
you know he's been a senior public servant. So I
guess he's the right man for the job. Only time

(25:24):
will tell on that. But it's really the role is
I mean, it's not a really public role. The role
is more about appointing other chief executives in the public service.
So you know it's neither head nor there really.

Speaker 4 (25:37):
Okay, one year on from the election, right, how do
you think this government is tracking.

Speaker 3 (25:42):
Well to year on today? Which is interesting, isn't it
was the fourteenth of October last year that they had
the general election. Well, if you look at polls, I mean,
this government is very low polling. If you look at
the the Courier Taxpayers poll out last Friday, National drop
four percent down to thirty four percent or thirty five percent.

(26:04):
Label went up three point six percent to thirty percent,
which is pretty extraordinary. And Christopher Luckson's own rating is
very low at just under twenty eight percent and Hipkins
on seventeen percent. So this government, though, as I've said
many times on this program, Heather, has really had a
baptism of fire. There's been no let up for the government.

(26:27):
They've taken over from the Labor Party unbridled power and
spending like drunken sailors, and they have to come in
and try and clean that up. And you know, when
you see all the media concentrating on for example, yesterday
at the New Zealand First Conference, about four protesters turned out,
they got all the publicity. One hundred billion dollar fund

(26:51):
Investment Fund really got not much play at all. Then
you had Chris Luxin making a offered on a sale
of his apartment in Wellington before going to live in
and Premiere House. Then you've got the protest against the
government's decision concerning the redevelopment of Dunedin Hospital thirty five

(27:14):
thousand people turned out then, and the progression of the
fast track legislation. So the government's doing a lot, but
it's getting hammered for it. And I'll tell you what though.
The Valerian poll it came out this morning and it's
going to be capitalized on. This was a taste for
this morning. Tvns'll have one out at six o'clock that

(27:36):
showed that thirty percent believed the country is in better
shape than a year ago. Forty percent, however, believe it's
heading in the wrong direction. And just to put a
positive spin on it, Chris Luckson said things are progressing
the way they.

Speaker 11 (27:50):
Should when now seeing signs that our plan is working
with financial discipline and place interest rates are falling, food
inflation remains low, business confidence has resenveicuantly, and forecasts suggest
that inflation is set to keep falling when the latest.

Speaker 1 (28:04):
Data is released this week.

Speaker 11 (28:06):
I know, however, it is still tough for many Kiwis
out there, and there is so much more for us
to do. We certainly aren't out of the woods yet.

Speaker 3 (28:13):
So you know, that's the positive spin on.

Speaker 4 (28:15):
They're not going to lift in the polls until the
economy improves.

Speaker 3 (28:18):
I agree with you.

Speaker 4 (28:19):
And even when they lift in the polls, they will
never poll. And certainly the National Party component of the
coalition government will never poll at the heights of John Key,
will they?

Speaker 1 (28:27):
No?

Speaker 4 (28:28):
Never?

Speaker 3 (28:28):
I mean, I look to John Key's rating personal rating
about this time out from the two thousand and eight
election is about sixty five percent. Yeah, you know, I mean,
You're never going to see figures like that.

Speaker 4 (28:38):
He's pretty extraordinary. Hey, who's the former mayor calling for
a Crown observer to be installed for Wellington City.

Speaker 7 (28:43):
Country Karry Prindergast?

Speaker 4 (28:44):
Does she?

Speaker 3 (28:44):
Yes?

Speaker 4 (28:45):
Why?

Speaker 3 (28:46):
Well, she's saying that, look, left unchecked, this council is
going to see rate rises like Wellington has probably never
experienced before. Yeah, she said. The typical Wellington Resis's rate
bill will be three thousand more expensive by twenty twenty eight.
That's tweet three thousand per house.

Speaker 4 (29:07):
But is she arguing that that is because of poor
financial decisions being made by the council, Because if it's inevitable,
like if you've got to pay for the pipes, you've
got to pay for the pipes.

Speaker 3 (29:15):
But you've got a mayor hell bent on saying things publicly,
as she did on newstalk Z'B and Wellington this morning. Yeah,
I mean, you know, saying that non negotiable, which is
crap because she's got one vote at the council table.
Non negotiable is that golden mile? For goodness sake, all
the businesses there say it's going to put them out

(29:36):
of business, But no, she wants a legacy herself.

Speaker 4 (29:40):
Kerry Prendergast. She's a woman with a lot of money.
She wouldn't say this kind of stuff unless there's a
reason for it. Is she a stalking horse for the
National Party? Well, you know, because you know she's tight
with Nikola willis some good so yes? So, because the
Nats have not said that the government has not said yet,
it's not indicated absolutely that it's prepared to put some
into mention into Wellington City Council. But this is how

(30:02):
you roll something like this out. You send somebody out
as a stalking horse to say it's a good idea,
and then it starts starts getting.

Speaker 3 (30:07):
That's always a possible I hope. So yeah, well so,
I mean they do an observer because to me, Torri
Fanale is actually driving that city into the ground. I mean,
who needs all the cycle ways that she's hell bent
on building barry in the city for hundreds of millions.

Speaker 4 (30:26):
Like the bicycle she said, so as popular with people
who liked a bicycle. Yeah, well yeah, well.

Speaker 3 (30:32):
In Wellington you could see a few people like to buke,
but certainly the majority I climb on buses and get
me cart.

Speaker 4 (30:39):
Very thank you, very much, really appreciate it, very Soper,
Senior political correspondent. Actually on Tory, let's deal with that
next seven away from five.

Speaker 2 (30:46):
Putting the tough questions to the newspeakers, some Mike asking breakfast.

Speaker 16 (30:50):
More foreign investment into this country, particularly for infrastructure.

Speaker 3 (30:54):
It's a policy in New Zealand. First we'll take to
the next election. Apparently Leader Winston Peters as with us.

Speaker 17 (30:58):
They want the question to answered. While would we come
to museum and we have over a long period of times,
failed to answer that question, why would I pick this
zion over another country? And we have failed to answer
that question called degg it up the decade. It's because
Flee's disappointing. We need to answer that question. Now, what
is the answer when you're going to say, if you
come to this country, then you're going to get an
ad finance at you as will match the best in
the world.

Speaker 6 (31:16):
Your taxation will.

Speaker 17 (31:17):
Be substantially lower than it would have been in another country,
and therefore this will be a wise country to invest.
And Ireland Singapore Dinner Taiwan? Did it back tomorrow at
six am the Mike Hosking Breakfast with the Rain drove
of the lah News.

Speaker 18 (31:29):
Talk z B. Right.

Speaker 4 (31:31):
Okay, so Tory and Wellington has done. You don't need
you know who Tory in Wellington is. Right, We're down
to first names only. Tory and Wellington's done. Another interview
and once again Tory has left us confused. So she
was talking to Nick Mills, who hosts Wellington Mornings, about
how she lost the airport shares sale last week on Thursday,
which means now the council is going to have to
find potentially hundreds of millions of dollars to fill that

(31:52):
particular hole. And Nick asked her if she could maybe
plug that gap by not selling the airport shares but
instead by selling social housing, and she's like, yep.

Speaker 19 (32:02):
You could possibly, under one of these plans sell your
social housing.

Speaker 20 (32:06):
It might be it's not what I want to do,
but as I said, everything's on the table now, and.

Speaker 4 (32:12):
She really meant that, because a minute later she said
it again.

Speaker 20 (32:15):
Well, like I say, there's everything's going to be on
the table, including that I would prefer not to sell
our homes for our most vulnerable.

Speaker 4 (32:22):
But then she changed her mind.

Speaker 19 (32:25):
If all things turned to custard, you were prepared to
sell the social housing, but if all things turn to custard,
you're not prepared to stop on the golden mile.

Speaker 20 (32:33):
I am currently not prepared to sell our social housing.

Speaker 4 (32:37):
Okay, so it's on the table, but now we're not
prepared to what. I don't really know either, do you
know what? So that's obviously like was a bottom line what?
Maybe I don't know. Maybe it's not. Maybe it's a
bottom line, maybe it's not. What is a bottom line
is upgrading the Golden Mile and banning the cars and
doing stupid stuff there. She is absolutely not going to
back down on it.

Speaker 20 (32:56):
Because I believe in these transformative projects. I am sorry
that businesses have suffered as a result, but this is
what changes like. It does create a bit of a division,
but wanted to finish. People wonder why we didn't do
it sooner.

Speaker 4 (33:09):
Retail New Zealand. I heard that this morning. I thought,
you're not Business is not going to love you after
this because that like you care about that that's the
thing you care about is stuffing up the businesses. Retail
New Zealand, Hospitality New Zealand and the Bus and Coach
Association have banded together to put pressure on the Council
to undo this decision. They're with us in twenty minutes.

Speaker 2 (33:31):
The only drive show you can trust to ask the questions,
get the answers by the facts and give the analysis.
Heather d to Celand Drive with One New Zealand, Let's
get connected and news talk as.

Speaker 1 (33:43):
They'd be.

Speaker 4 (33:47):
Good afternoon. Today is exactly one year on from the
election and a poll shows that we're split on whether
the country is better or worse off. The latest One
News variant Pole shows forty percent of us think the
country's in worse shape than it was before the election,
thirty percent think it's better in twenty six percent says
say that there's no difference. Political commentator and former mpp
HA donners with me. Now, hey, Pisa, Hi he Well, now, Peter,

(34:08):
are you reading this as a realistic assessment of the
shape of the country, the shape that the country is
in it's obviously got worse than the last year, or
do you see this as a reflection of how people
perceive the government's performance.

Speaker 16 (34:19):
Well, I'd go slightly for the former, although it's a
little bit of both. I think there are two factors
at play here. It's probably an accurate assessment of how
people feel, but it's not necessarily an accurate assessment of
how they would vote in an election. If you look
at all of the polls and average them out over
the last year, the coalition still retains about US six

(34:42):
to eight percent lead over the opposition, which would be
enough to see it back in government with a reasonably
good majority. So I think there's a little bit of
both at play here. People are not unhappy, wanting to
see better, but don't really want to make a change
at this point.

Speaker 4 (34:55):
Given how grumpy we got with the last lot, just
Cinda and Chippy l prize that the coalition government isn't
polling much higher? Are you no?

Speaker 16 (35:05):
Because I think what's happened is that there was a
climate of expectation after the last government. This government's come
in said there are a lot of problems we've got
to resolve. There's going to be paying the short term
before we get any long term game. I know we've
heard that over many years and many governments, and I
think what people are doing is working their way through that.
So I don't think they're giving them the high credit
that the government right feel it deserves. I think also

(35:27):
you've got to remember that when National came in, it
came in with thirty eight percent of the vote. That's
the lowest of an incoming government for a long time.
So there's not a great reservoir.

Speaker 7 (35:37):
Of support there for them.

Speaker 16 (35:38):
The fact that they're still polling thirty six thirty seven
percent shows that they've managed to retain most of their support.
But the big message moving forward is they've got to
grow that vote significantly to win the next election.

Speaker 4 (35:51):
How do you think they're going in terms of what
they're actually doing.

Speaker 16 (35:54):
Oh, they would tick off most of their policy achievements.
I think the quarterly you know, the court reports have
been a good way of measuring that they've made some
tough choices, They've implemented policies. I think the coalition has
worked cohesively. None of that, of course, necessarily rates into
popular support. But the government is doing what it said
it was going to do. And I knowe Christopher Luxon's

(36:15):
comments last week that he doesn't care about the polls.
He says, I just want to deliver for New Zealanders
and the key is my job is to demonstrate in
twenty twenty six that the country's in better hands, in
a better place. That's his challenge.

Speaker 4 (36:28):
Peter, always love having you on the show. Thank you
so much. Peter done. Political commentator. Heither duplessy Ellen governor,
pears to be worried about the country's diesel reserves. Currently, importers,
at least from the start of next year will have
to hold a minimum of twenty one day's worth of diesel,
but Shane Jones, the Resource Minister, now wants that increased
to twenty eight days. Transporting New Zealand Interim Chief executive

(36:49):
Don Calassie is with us now.

Speaker 21 (36:51):
Hey, Dom, good evening, Heather.

Speaker 4 (36:54):
It's obviously not the only fuel that we store in
the country. So why they're worried about diesel?

Speaker 21 (37:00):
I think Shane Jones point is that given diesels and
needs of trucks that get all the goods and freights
of people when they need it, that that's the most
important thing to have.

Speaker 4 (37:10):
Okay, So if we bumped it up from three weeks
to four weeks, would we have the storage capacity?

Speaker 21 (37:17):
Look, I believe the fuel coats are looking into that.
I'm not sure you know that question for them other
than us.

Speaker 4 (37:25):
He's also this is Shane Jones also considering regulations to
mandate keeping enough jet fuel near Auckland Airport. Are we
still not keeping enough near the airport?

Speaker 17 (37:36):
Uh?

Speaker 21 (37:37):
Look again, sorry, I can't answer that. That would be
sort of for the airlines to answer. But what I
do know, because I would z for over a dozen years,
was that there are other resilience planes that come into
play if there's a short of jet. You know, planes
can I mean that's inconvenient, but planes can read just

(38:00):
feel scheduled so they fill it. Are other important pro
either before coming here or even when they leaned here.

Speaker 4 (38:06):
Yeah, I mean that's a burdery stuff, isn't it. Yeah, Don,
thank you really appreciated this. Don Carlassi transporting New Zealand
Interim Chief Executive do.

Speaker 1 (38:14):
For c Ellen Heather.

Speaker 4 (38:16):
We need to hear more from mister Luxana, much less
from the two small parties who only got a small
share of the vote. That's I mean, look, that is
a fair assessment of what's going on here as well.
It's the first time that we've had a proper coalition government,
a like a proper proper one where you haven't got
like one gigantic party like John Key had a gigantic
National Party and couple of minots tagged on. This is
a much more even kind of spread of the vote,
and so you're going to hear a lot more from

(38:37):
the two little guys and it's drowning out than that's
possibly now. I told you I needed to talk to
you about the Film Commission. The Film Commission flew four
staff members to France for the Cahn Film Market for
two weeks. Four staff members two weeks in France. How
much could that possibly cost? How much could it possibly
cost to go to France? For four people for two weeks,

(39:01):
one hundred and forty five thousand dollars. Hello what yes, yes,
like the most beautiful middle of the range European car.
You got brand new one hundred and forty five thousand dollars.
We can thank the Taxpayers Union for digging this one
out under the Official Information Act request. I appreciate it
because I like to have my mind blown by what
the film commissioner is doing. Work this out. Okay, if

(39:24):
you split that up for every one of those people,
so the four people two weeks, one of them for
two weeks, it costs thirty six thousand dollars. So one
of those dudes going to France for two weeks is
thirty six thousand dollars. When was the last time you
went on holiday and blew just a cool thirty six
thousand dollars just on yourself, not your family, just you
for two weeks, one week, eighteen thousand dollars. You ever

(39:46):
had a holiday for a week for eighteen No? Me, neither,
I haven't. Every single day they were blowing two thousand,
six hundred dollars like confetti, just like it. That's how
much money. So the accommodation was twenty four thousand dollars.
I was twenty one. Twitter was rounded up twenty two
thousand dollars, and the food and drink twenty five thousand dollars.
I worked that out every single day, every one of

(40:09):
their meals. Right that per person, they were spending four
hundred and thirty eight dollars on meals. What are you
eating for?

Speaker 22 (40:18):
What?

Speaker 23 (40:18):
How is it?

Speaker 3 (40:19):
Like?

Speaker 4 (40:19):
Okay, if a breakfast is fifty bucks, and I mean
like that's an expensive breakfast. I had a sixty dollar
breakfast in Singapore. I thought that was outrageous. So let's
say your breakfast is fifty bucks. So now we're down
to three ninety. Then let's say your lunch is I
mean you're going out for a quick snack right because
you're working at Carn, aren't you. So your lunch is

(40:40):
like thirty bucks for like really pricey, really pricey sushi.
Let's just say so, now we're down to four three sixty,
you're spending three sixty on dinner? What are you having?

Speaker 21 (40:51):
Ye?

Speaker 4 (40:52):
Are you going top shelf get in caviat every night?
What's going on?

Speaker 3 (40:56):
Now?

Speaker 4 (40:56):
I don't mind the film commission going to Carn because
that's part of the job that God had got. It's
it's what, it's how much they are spending. This is
the same lot who spent seventy three thousand dollars last
year at the film Festival. I feel like there's a
strong case to just defund the film Commission, or maybe

(41:17):
just ask them to rain in the spending quarter past. Hey,
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(41:39):
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yourself Ever Duz nineteen past five, Now listen In Wellington,

(42:23):
the opposition against the constant roadworks has just gone up
a notch. Retail New Zealand, Hospitality New Zealand and the
Bus and Coach Association have banded together the calling on
the Council to stop the plans to develop the Golden Mile.
Carolyn Young is the chief executive at Retail New Zealand.
Hey Carolyn, how's it going good? Thank you?

Speaker 2 (42:41):
Now?

Speaker 4 (42:41):
Is this because Tory was on the radio here on
Newstalk Z'B this morning and said it's a bottom line
the Golden Mile.

Speaker 23 (42:48):
No, it's not. We were talking about this last week,
you know. Obviously there was a lot of in the
media last week and of course the vote around the
airport Shears was taken on Tuesday and we felt it's
a really good opportunity for us to reiterate the need
to take stock, have a pause and consult whether around
what is the right thing we need to go forward.

Speaker 4 (43:07):
When you heard her say this morning, then it's like
nothing else is the bottom line, but Golden Mile is
the bottom line. How did you feel?

Speaker 6 (43:15):
Well?

Speaker 23 (43:15):
Pretty disappointed really, because we know that the issues around
Thornton and Key are significant, that businesses have really struggled
and businesses are closing now taking the opportunity right now
to sit down and find out how this could be
done better and understanding the environment that businesses are trading
and right now it's an extremely difficult trading environment. Businesses

(43:36):
are struggling anyway. And then when you've got you know,
hundreds of meters of road cones and fences up in
front of your entrance, people don't know if you're open
or not open, there's no where to park, they're not
coming through, and all of the businesses down Thorn and
Key have really struggled. So it's really an opportunity to
stop and think, how could we do this better and

(43:58):
what parts of Thornton and Key do we need need
to complete as to the plan and what would be
better to think a little bit differently and then thinking
about Courtney Place. You know, actually do a little bit
more consultation with businesses. Don't rush in and try and
get it started early. Let's take our time. Understand.

Speaker 4 (44:15):
Your problem is you're a real person operating in the
real world. They're not what They haven't listened to you,
Carolyn until now. Why are they going to listen to you?

Speaker 23 (44:25):
Well, all we can do this. So there's three business associations,
so Hospitality New Zealand, Retail in New Zealand, and the
Bust and Approach Association. We're an agreement that more needs
to be done.

Speaker 4 (44:34):
So basically, are you going to make them listen to
you by just harping at them?

Speaker 23 (44:40):
Well? Putsure, we're hoping that we well we have regular
meetings with the council and we give them regular feedback,
and I'm not sure that we're being listening to. So,
you know, getting out and getting a bit more forward thinking,
a bit more media in front of it, hopefully we'll
get a little bit more traction.

Speaker 4 (44:56):
Yeah, good, good luck. I really hope you guys actually
succeed with this. This seems like a really stupid idea. Carlylnd Young,
chief executive at Retail New Zealand. Hither I'm paid well
to travel the world for a multinational. My meal per
dim per day is seventy dollars US. Come on, guys,
what's that? What's what's seventy US nowadays? In New Zealand? Dollars?

(45:17):
Is it like one hundreds? It'll be one hundred, one
hundred and one hundred bits, isn't it one hundred and fourteen?
All they blew that three times, didn't they? And more
didn't they? And apparently apparently it's can not carn sorry
five twenty two.

Speaker 2 (45:34):
The name you trust to get the answers you need
have a duple c allan drive with one New Zealand.

Speaker 1 (45:40):
Let's get connected and news talks as they'd be.

Speaker 4 (45:42):
Yeah, they don't forget that breakfast is also included in
the hotel booking. And also, by the way, the French
don't even eat breakfast. They have like a piece of
bread and some coffee. Right, there's what's that maximum twenty
bucks New Zealand. So these people really had a great
You're welcome film commission. Hope you enjoyed our money. During
a recession five twenty five now listen. If you listen
to this show regularly, you'll know that I think that

(46:03):
Erica Stanford is the MVP, the most valuable player of
the cabinet this year. But I read a book over
my week's break that I just took that has actually
made me upgrade her. She is no longer the MVP
of this government. She is now the MVP of any government.
And I don't know, pick a time frame, the last
twenty years, whatever, She's my MVP of all time. The

(46:23):
book that I read was the book The Anxious Generation
by Jonathan Hate. Now, if you're a parent, if there's
any advice you ever take from me, take this advice,
read this book. Basically, Jonathan Hate explains that the reason
that we have kids right now suddenly dealing with crazy
levels of anxiety and depression like we've never seen before,
is because of two things, smartphones and helicopter parenting. With

(46:44):
the helicopter parenting, what's going on is we're fussing over
the kids too much.

Speaker 3 (46:47):
Right.

Speaker 4 (46:47):
We don't let them hurt themselves like we were allowed
to hurt ourselves, like scooter down the hill too fast
and crash into the fence. We don't do that, and
so what means. What it means is they don't learn
resilience and they don't learn how to judge risks in
the real world. But then we do the opposite with
the internet, right, But it's no limits on what they
can do in arguably the most dangerous place in the world.
They can we give them a smartphone when they're like

(47:09):
nine years old, can go watch porn as much as
they want. They can watch Instagram and make themselves feel
bad about themselves. Are seeing all this staff not spending
time with actual kids, actual friends, spending time on their phones,
and we're basically stuffing up their lives.

Speaker 22 (47:24):
Now.

Speaker 4 (47:25):
Jonathan Hates says, there are four ways that we can
fix this, and this is a massive problem right now.
Four ways to fix it. One no smartphones before high school,
so that's age thirteen, none at all. Two, no social
media before sixteen. Three let the kids play without supervision
like we used to and get a bit hurt. Right,
Bruises are not the end of the world. Number four,

(47:47):
take phones out of schools, ban them, he said. And
what did we do? Erica banned the phones out of schools.
She took them all out. It's such a simple thing
to do. But it is so important. Schools are already
reporting a massive difference. Right. I don't think that we
realize yet how lucky we are in New Zealand that
we do not have to fight for this, that Eric
Stanford's already done it. It's already helping our kids. This book,

(48:07):
by the way, freaked me out so much that when
got to a certain point in the book, I actually
got up and picked up my cellphone, took it into
another room and left it there for the remainder of
the day. I will forever be grateful to Eric of
Stanford for making this decision. It's going to help our
children immeasurably, and they're the most important things in our lives.
That call was so important to our children's future that
I think it's going to take a pretty big call

(48:28):
from another minister to bump it off the top of
my list of best decisions ever made by a minister ever.

Speaker 1 (48:34):
Do for see ellen on that.

Speaker 4 (48:36):
By the way, what I've decided to do now is
I am going to because what happens is when you
dick around with your phone, right and you're like, no,
look at Facebook, Oh your little dopamine hit. It's basically
you're addicted to your phone. That is what's going on.
That's they designed it for that, the social media. So
I have decided I'm no longer going to use my
phone as entertainment. It is now just a tool. Read
my newspapers on it. I'll I'll read my emails on

(48:59):
my let myself do a little word all every night,
every day. It's my little thing. But apart from that,
no scrolling, nothing, It's just a tool. I do my things.
Put it away, try it headline's next.

Speaker 1 (49:11):
It's beautiful.

Speaker 2 (49:12):
Sees it oh, on your smart speaker, on the iHeart app,
and in your car on your drive home, Heather duper
see Alan drive with one New Zealand.

Speaker 1 (49:21):
Let's get connected and news talk as they'd be.

Speaker 14 (49:25):
When your play and night you thank him, bound me
when you're riding where he's driving.

Speaker 1 (49:31):
Now you last, damn it, Tazmy. Do you see when
you're plaything drinking?

Speaker 4 (49:38):
Bound me further, I've already done that with my phone.
And if I'm with company, I'm expecting a call like
a tradesman, I will say to my friends beforehand, I
just need to check and see if it's the tradesman,
because I'm expecting him to call. But if it's anybody else,
I just don't answer it. Then that person will leave
you a message or send you a text if it's importantly.
That's called manners, and I feel like we feel like
the man's end at the table. I just say to
my mum the other day, she's a boomer. She just

(50:00):
talks on her phone on loud speaker, and I was like, Mum,
that's bad, actually bad manners. You didn't raise me to
have bad manners in company. Can you please take that
phone call away? Oh my gosh, hither. I just deleted YouTube,
Facebook and all social media from my phone at the weekend.
I completely agree with you on what you said, give
it listen. Just if you're looking for something to do,
just to you know, just to see, just explore a

(50:22):
new part of your character. See if you can get
away from the phone addiction. See if you can even
see it as a phone addiction. Because that's an interesting
little experiment when you realize it. Twenty three away from six,
do see away the huddles with us. Shortly we've got
Trishurs and Joseph Gani standing by. Now a second big
bank boss is calling for more tax asb's chief executive
Attoria Shorter said in an interview that we need to

(50:43):
lean into taxes so we can pay for infrastructure. And
this of course comes hot on the heels of the
A and Z boss Antonia Watson calling for a capital
gains tax just a few weeks ago. Robin Oliver is
a tax partner at Oliver Shawan with us. Hey, Robin, hi,
are you keen to pay for more tax You think
it's a great idea.

Speaker 18 (51:00):
No, you cannot tax yourself to prosperity. Our issue as
a country is sibilized by the fact we struggle to
pay the same wages as a strady.

Speaker 7 (51:10):
We're falling behind.

Speaker 18 (51:12):
That means we, for example, we can't pay our doctors, nurses, teachers,
police enough. We need to grow wages, grow the economy
that takes higher productivity takes more investment and more innovation,
and tax is the enemy of those it decreases. It's
a disincentive to save, invest and innovate. So the last
thing we want to do is lead into taxes.

Speaker 4 (51:35):
So, speaking of which, then are you liking what David
Seymour said over the weekend, and perhaps even what Winston
Peters said about attracting the foreign investment.

Speaker 18 (51:42):
Absolutely, we've got to attract foreign investment. We've got to
encourage people to say for domestic investment, and we've got
to make New Zealand a great place for investment and
for innovative people to live it. And high taxes don't
do it.

Speaker 4 (52:02):
Do you have any What puzzles me, Robin, is why
both of these ladies are suddenly so keen on taxes.

Speaker 1 (52:09):
Yeah.

Speaker 4 (52:09):
Is it because they really believe it or is there
some sort of branding thing going on here where they
think that they can get some positive, positive publicity for it.

Speaker 18 (52:17):
I assume that they look at you know, they add
infrastructure deficit and say, well, you know, how do we
fix it? And they don't understand the cost of taxes.
It's not like you raise a dollar of tax for
me and then there's a dollar that goes to the government,
which can then spend it, assuming that government spends it wisely.

(52:39):
The estimates of New Zealand Treasury are that twenty percent
of the money raised in tax is wasted by those
disincentives reducing the economy, So that means you just end
up with eighty cents and then the government doesn't spend
it well, you end up with less. This is the
load to poverty. This is the road you can't afford. Sturgeons, doctors, nurses, teachers.

Speaker 4 (53:03):
Please, Yeah, Robin, some very good points made there. Thank
you so much for the expertise. It's Robin Oliver Oliver
Shaw Tax Partner. Listen. Some crazy things happened while I
was away, and one of the craziest thing was obviously
the boat sinking. Some things that we need to talk
about before we talked to Nichola Willis. Who's with us
after six? Right now, it's twenty away from six The Huddle.

Speaker 2 (53:21):
With New Zealand Southerby's International Realty, local and global exposure
like no other.

Speaker 4 (53:27):
On the huddle Tris Sheharson of Sheerson Willis PR and
Joe Spagani of Child Fund Hire you guys, Hello, Hello Trish.
Why do you think these ladies are the banks are
so keen on the tax.

Speaker 24 (53:36):
I don't know the reason for speaking up on the tax.
But the one thing that I do back them both
on is that we do need business New Zealand. Business
leaders in New Zealand who do speak up on things
that they you know, they have a point of view
on so just want their opinions exactly, and in fact,
you know, the government is saying that to business leaders,

(53:58):
we want you to have an opinion.

Speaker 4 (54:00):
So so that's my view on that.

Speaker 24 (54:03):
But I absolutely agree with Robin Oliver when it comes
to the fact that we cannot tax our way to
success in New Zealand. And in fact, in my view,
discussions around tax have become punitive and as a sort
of bludgeon to.

Speaker 4 (54:20):
Success and we need to turn that around.

Speaker 24 (54:23):
And if taxing our way to success was the right
way to do things in New Zealand would be absolutely
ripping and we are not. And I further to that,
I think that a lot of New Zealanders have actually
lost faith in value for money in terms of the
taxes they are paying because look at the state of things.

Speaker 4 (54:43):
I agree with you, Jose, what do you think.

Speaker 25 (54:45):
Yeah, if you go back to A and Z's Antonia Watson,
what she was advocating for a capital gains tax. So
I think what they're not saying, you know, tax the
country to hell and that will be how you get
prosperity and growth. And I listened to you into you
with Robin Oliver, and he's saying, don't tax that you know,
we won't have surgeons and doctors and teachers and nurses
and so on if we don't grow. And he's absolutely right.

(55:08):
But I think what they're saying, these two bank chief executives,
is you need a tax switch because at the moment
you've got about forty five percent of our tax revenue
is coming from tax off people who work for wages.
It's levied on work, and thirty one percent is coming
off spending on GST. So you know, that's most of

(55:28):
us and what and that's really out of kilter with
the rest of the world, where there's a much better
balance between taxing the non productive sector i e. Houses
that just sit there and do nothing and don't create
any jobs and don't do anything. So they're saying capital
gains tax taxing on the games makes sense rather than
taxing on all the innovators and the wealth makers of

(55:50):
tomorrow who are still climbing up the hills.

Speaker 10 (55:54):
Perfect.

Speaker 4 (55:54):
But no, no, no, no, Josie, because what we need
in this country, which is we need capital, which is
why both Win and David Cymore is saying we've got
to get foreign capital. Then you don't then tax the
very thing that you're trying to get into the country
thereby creating a disincentive.

Speaker 25 (56:09):
Yeah, but this is about taxing things that don't make
any money at all. So it's not about taxing stuff
that invests in businesses and invests in innovations. It's about
you taxing the dead such like it doesn't make business.

Speaker 4 (56:21):
And there's a gain, there's a capital gains tax.

Speaker 1 (56:25):
Yeah.

Speaker 25 (56:25):
And also people who are buying lots and lots of houses,
which we know the speculation around housing has been a thing,
and that's just sort of money that's not feeding into
the productive sector. So I do think we need it.
In your right, Trish, let business leaders have a say
and have an opinion about this. I think you have
to accept that there is we are out of kilter
with the rest of the world, where we tax people

(56:46):
who earn wages far more, and the people earning wages
today are the capital makers and the wealth makers of tomorrow.
What we're saying is that the people at the top
of the hill, we've already made all their money, and
good on them for doing it. We're saying they don't
have to pay any tax. We'll just tax everybody else
who's coming.

Speaker 4 (57:02):
Up the hill.

Speaker 22 (57:03):
But they're the wealth.

Speaker 25 (57:04):
They're the wealthy of tomorrow. See, you know, you've got
to get a better balance in the tax system.

Speaker 24 (57:09):
Yeah, I mean, I don't agree. I think one of
the great examples currently is the small and medium business
owners who have been hit with the increase in the.

Speaker 4 (57:23):
Tax rate on trusts.

Speaker 24 (57:26):
And you know that they are people who are working
really hard, and that's a tax of up at forty percent.
So I don't agree. It's not it's not as simple
as that. But I also I do think that overwhelmingly
it's it's also about a signal to New Zealand and
where we want to head and that we do want

(57:46):
to start celebrating our success.

Speaker 4 (57:49):
And I just don't think that.

Speaker 25 (57:52):
I don't think this is but I don't think this
is about, you know, putting a downer on success. What
we're actually saying is we need some kind of tax switch.
So you're right, small to medium businesses, we need to
support them in every way we can. So let's reduce
taxes in other places. Let's reduce income tax for a start.
So you've got to look at the whole tax system

(58:13):
and go because it's not just about creating read but
it's also about taxing the right stuff.

Speaker 4 (58:19):
We don't live in that world, right then no one's
going to give us a tax switch. But they're not
going to give us a tax switch. They are just
going to increase their revenue and government.

Speaker 25 (58:27):
But we've done it before, Heather, We did it, John
Key did it with GST, cut income tax and put
up GST. So absolutely when the.

Speaker 4 (58:35):
Different situation I mean, which were kind of broke at
the moment, very broke.

Speaker 21 (58:40):
Yeah.

Speaker 4 (58:40):
So anyway, listen, we'll take a break, come back and
talk about how the government's doing one year and and
also after six o'clock with nickoli Willis, we are going
to talk about getting the foreign capital and obviously quarter to.

Speaker 2 (58:51):
The Huddle with New Zealand Southeby's International Realty, elevate the
marketing of your home.

Speaker 4 (58:56):
Right you back with the huddle Joe Sperguani and Tricius
and Josie. What do you think about this government and
how a they're tracking.

Speaker 25 (59:02):
Well, we're clearly feeling very eel, aren't we We're not
very tigger. We're pretty miserable. So you can't necessarily blame
the government on that. But look at what I think
they've got right, is they've got the diagnosis right of
what's gone wrong, so cost blowouts, we're not delivering, we
haven't been building stuff. We've got to make that faster,
We've got to make that easier. I think what they

(59:23):
lack and why those polls are not looking good for
national they lack a sort of big plan. And the
thing about a plan is that you don't expect a
government to fix everything in the first year, but you
do want to believe that they will. And there's a
wonderful quote from the former German Chancellor Helmet Schmidt who
once said politicians with a vision should go and see

(59:43):
a doctor. What they need is a plan. And the
thing about a plan is, you know, it's a map
for what you're going to do. It identifies destination, you
can see the milestones and most importantly, you can see
the priorities. So without a plan, I think they've got
a bit derailed. Where you know, the biggest noise that
comes along, which has been treaty issues, and really I

(01:00:04):
don't think we were worried about any of the race
issues until this suddenly became a huge, big issue. It
kind of throws them off balance and they end up
talking you know forever about treaty principles and all of this,
and that's not what they want to be doing. So
that's the problem. You get led around by the nose
if you haven't got a clear plan. And I think
that's what they lack.

Speaker 24 (01:00:24):
What do you think It's exactly what came out in
mood of the boardroom recently. Everybody said we want to
see the plan for growth. I think here's my little
dipstick on where we are right now as a country.
And what sparked this was a conversation I had with
someone who owns a small business in Russell over the weekend.
I was saying, oh, you know, as you do go
aroundtown or how's things going? And she said, look, right now,

(01:00:48):
people can't afford a day trip. So you get people
on a Sunday, they'd go from fungar Ray to Russell.
It's an hour, spend a day there, buy some fish
and chips. So my quick assessment is, right now we're
a country that can't afford a Sunday day trip.

Speaker 10 (01:01:03):
We're broke.

Speaker 24 (01:01:04):
Our bright young things are leaving New Zealand and record
numbers the things we trust to look after us, like
the health system, are broken, and the bright spot is
we're campaigning to be the best country in the world
to have her peace.

Speaker 4 (01:01:18):
That was unexpected to rest but actually.

Speaker 24 (01:01:21):
Just on a series, I just can't you know that.
It made me laugh when I saw that campaign. But
I think that the hard thing for the government is
that for people who have lost their businesses in the
past four years and who are still losing their businesses,
that is a decade long or multi generational problem for

(01:01:42):
those families. And if you just look at some numbers
in the disposable income per capita is down six point
two percent compared to September twenty twenty two. Now how
much is that in twenty twenty four dollars a four
person household is over sixteen hundred dollar is a month
worse off than two years ago. That is a huge

(01:02:04):
amount of money. So, yes, I think the government's ticking
things off. Yes, I think they're working quickly and we
all feel better that they are in. But New Zealanders,
I think, are in a harder place than a lot
have been in a generation. So there is a very
long way back, but way back is through growth and
I was really pleased to see the foreign capital stuff

(01:02:26):
over the weekend because New Zealand is absolutely parched and
we need foreign capital desperately to get things going again.

Speaker 25 (01:02:34):
You an idea of another quick dipstick is the way
the government has cut a lot of staff in the
public sector. So cut costs great, I understand that, But
then again, where's the big idea about how you actually
fix the public sector which hasn't been able to deliver
even on former government plans either. So what's gone wrong?

(01:02:55):
What's causing the group think, what's causing the inability for
the public sector to be better at delivery and get
things done fast? Yeah? And I think that, you know,
it's a really good little microcosm of what's gone wrong.
You can cut things, yes, but you've still got to
do a diagnostic about what what is why is the
public sector not delivering and what does it need to
do that. You know, maybe it's separating policy development, development

(01:03:18):
from delivery of stuff, because if you don't have the government, right,
if you don't have the government departments right, that's that's
who delivers the government's right.

Speaker 4 (01:03:27):
You make it a point, cutting is not transformation and
what we need is transformation.

Speaker 24 (01:03:30):
Quick outside view, though, which is a bright spot. Someone
who works with me who's immigrated to New Zealand this year.
He said, other countries would kill for the kind of
business like focus government we've got at the moment. He said,
look at the UK. We'll look at the Keystarmagual less
than two months and they are rudderless and in absolute shambles.
He said, look at the US. So I think it's

(01:03:52):
good to balance the out the inside view with the outside.

Speaker 4 (01:03:55):
I have had a little bit of a little bit
of a glasshouse for there.

Speaker 15 (01:03:57):
Guys.

Speaker 5 (01:03:57):
Thank you.

Speaker 4 (01:03:58):
I really appreciate the power of you coming on to
chat to me as always on a Monday. Joe SPEGANI
Tricius and now huddle seven away from six on.

Speaker 2 (01:04:05):
Your smart speaker, on the iHeart app and in your
car on your drive home. Heather Dupleice allan drive with
one New Zealand one Giant Leap for Business News Talk
z be Hea.

Speaker 4 (01:04:17):
The absolutely correct Capital gains tax has done nothing to
improve home ownership. It's just another tax. Yeah, doesn't actually
bring in that much money. So if anybody says to you,
which I think is kind of what Josie was trying
to argue before, which is that you know you could
do a tax switch. Well, I mean it doesn't even
it doesn't even bring in one percent of revenues. It
like of tax revenues. It's like half a percent of
tax revenue. Kind of text switch you're gonna get from there,

(01:04:39):
You're gonna get nothing, now, Heather, I want to complete
and ruthless inquiry into how a second rate captain got
to the position that she did above far other more
experienced sailors who had to try to make their careers
in the New Zealand Navy. Lloyd I is texting about
oh mate, running the boat onto the reef. Now, it's
one of the craziest things that happened while I was away.
Definitely was the boat sinking. The craziest part, though, was

(01:05:02):
why it sank, I thought, And now I'm not really
sure how much of Because I've been away, I'm not
sure how much of this you know, So I'm going
to assume nothing. So bear with me now. It was
something of a surprise to realize that the Monawnui was
not in fact a naval vessel or a warship. It was,
in fact a commercial vessel brought from Norway, originally used
for oil exploration, but painted gray to make it look

(01:05:25):
like a worship, she shares, So New Zealand a hey,
painted gray, it will look like it looked like it's
supposed to do war. Okay, that's what we did. But
here's the problem, right, it sounds like we didn't do
the thing that you're supposed to do when you buy
a commercial vessel and you want to use it for
things like war, et cetera, which is that you need
to retrofit it so you can seal off the compartments
so that it doesn't get flooded. Right, So if it

(01:05:45):
gets flooded in that one, but over there, you seal
that off and everything else is fine and the thing
stays buoyant. Ron Mark said last week that he bought
the Manawnui knowing she was not a warship. She's a
commercial operation. He said, but well that comes a risk,
and the risk is that commercial vsvessels do not have
the same level of redundancy in these systems or their
design that warships do. You can't seal off compartments, create

(01:06:07):
water tight compartments, and keep the vessel afloat so that
it can be toad salvaged and repaired. So it sounds
like we bought the bloody thing on the cheap and
then we didn't make it. We didn't do the retrofit
that that was necessary in order to make it actually
worthy of being a naval vessel. We'll have a chat
to Nichola Willis, who's with us straight after the news
and find out if this is really what happened NEWSTALKSZB.

Speaker 2 (01:06:38):
If we're Business Insight the Business Hour we're headed due
to clan and my hr on News dogsb.

Speaker 4 (01:06:48):
Evening coming up in the next hour, Shane Soley's going
to talk us through China's economic stimulation. We'll also talk
to a Krewe investor who says more businesses in New
Zealand should be putting money aside to expand internationally. I'll
get you across the No. One News very in poll
just out. So National is sitting on thirty seven percent.
That's down one. Labour is on twenty nine percent, that's
down one. The Greens are on twelve, that's up one.

(01:07:10):
Actors on eight up one, New Zealand First on five,
down one, Tiptimari is on four and Top is on
three up two. Now in the preferred Prime Minister stakes,
Chris Luxen twenty five percent down three, Chris Hopkins fifteen
percent down three, and weird Legisin da Ardun has registered
at one percent eight past six. Heatherkiller will it's our

(01:07:32):
finance minister is with us now, Hey, Nikolin, Hi, Heather, Yeah,
it's not flash a a year in. Those are not
really numbers to be kind of crowing about, are they.

Speaker 22 (01:07:41):
Ah, we'll look, they're there or thereabouts. If there was
an election tomorrow based on those numbers, New Zealanders would
elect the same government, all right, right now? No?

Speaker 4 (01:07:49):
True? But why is Chris Luxan only on twenty five percent?
What's going on?

Speaker 6 (01:07:53):
Oh?

Speaker 22 (01:07:53):
Well, look, as he has said, he's not focused on
those numbers they bounce up and down. He's focused on
delivering results for New Zealand. And I look at three
key metrics that we set for ourselves that really matter.
One is are we getting a litle on inflation? Answer? Yes,
down to three point three and we'll see if it
goes lower this week. Are we getting interest rates down? Yes,

(01:08:14):
they've dropped seventy five basis points and they have come
lower faster than many were forecasting. And our business is
feeling more confident about the future of the economy. Yes,
they are, so our plan is showing progress. But I
will be the first to admit that it has been
a tough year for the New Zealand economy. We inherited

(01:08:34):
a real mess. We're getting on with what we said
we would and we're making progress.

Speaker 4 (01:08:38):
Yeah, and you're not getting rewards for it. So when
do you start getting the popularity rewards in the polls?

Speaker 21 (01:08:43):
Is it?

Speaker 4 (01:08:43):
Do you think when the economy picks up?

Speaker 24 (01:08:46):
Yes, I do.

Speaker 22 (01:08:47):
I think when New Zealanders start feeling in their own
household that things are getting a bit better, when they
start switching themselves onto lower mortgage rates, when they notice
that grocery prices aren't rising as fast as they were,
when they start feeling more confident about their job and
their future. Then you see that flowing through into their

(01:09:08):
reflections on the government. And we're working really hard across
the board to get results. And I'm confident that the
changes we're making at pace will deliver results. Whether that's
increased educational achievement in our schools with our structured literacy
approach and our stricter approach to maths, whether that's making
sure we're getting those waiting less times down in our

(01:09:29):
health system, even the emergency housing numbers. You know, that's
something that I think was a scourge on the country.
We had literally thousands of children living in motel rooms
for the first time in years. We've now got that
lower than a thousand. So these things are starting to
show progress, but we want to see that accelerate, and
as new Zealanders see that, I think their support for

(01:09:51):
the government will grow as well.

Speaker 4 (01:09:52):
Okay, are you on board with David Seymore's foreign investment
rule changes.

Speaker 22 (01:09:58):
Yes?

Speaker 4 (01:09:59):
Why is it's going to take so long then to
do it? I mean he's talking about passing the law
at the end of next year.

Speaker 22 (01:10:04):
Yeah, that's right. Look, this is a detailed area of law.
We need to get it right because the point is
to say to people overseas who might be interested in
investors Zealand, whether that's in a power generation scheme, a factory,
a business, here are the rules, here's how they work.
Please come and give us your money and create new

(01:10:25):
Zealand jobs and incomes. Making sure those rules are clear,
well understood and achieve what we want them to achieve
requires attention to detail. That's what he's doing. To be
fair to him, he has already made some pretty quick
changes to make sure that the processing times at the
Overseas Investment Office have been able to speed up, and

(01:10:45):
that's apparently already had quite a practical effect for many investors.
But this is something he's working hard to get right.

Speaker 4 (01:10:53):
So do we know that there are investors who want
to spend their money here, want to invest here?

Speaker 25 (01:10:58):
Absolutely?

Speaker 10 (01:11:00):
You know.

Speaker 22 (01:11:00):
Look, the Prime Minister never returns from a visit overseas
without telling us about the investors he sat down with,
who just say, look, we look at New Zealand and
we see a great country with big prospects. But what
they want to invest other institutions, Well, they're interested in
the areas where they can see growth happening. So renewable
energy generation, for example, they can see that that's something

(01:11:22):
there's going to be more demand for. They look at
our food industry. They see that we have successful farmers,
but they also see that there's more value we can
be creating from that New Zealand food and aquaculture story.
Some of them look at the forestry industry and see
potential not only for forestry, but for how do we
make more out of manufacturing those products to deliver more value.

(01:11:46):
Some of them look at New Zealand's smaller tech firms
and they see exciting things happening, and they can see
that there's often they're under capitalized. There's not a lot
of competition to invest in firms, and they think, well,
maybe we could be the next ones to invest in it.

Speaker 4 (01:12:00):
We change the rules, like he says, when we get
this little pass at the end of next year, floodgates open.

Speaker 22 (01:12:06):
A nou Our judgment, no, a significant boost because our
judgment is we want to see investment flowing in that
benefits New Zealanders through better paid jobs, better and comes
more opportunities. And we think the policy settings right now
are holding back wage growth, they're holding back the ability

(01:12:28):
of any of our businesses to grow. So the mark
of success for our reforms will be is it easier
for international investors to put their money here? And we
want to make sure that it is. And you should
see that pretty much straight away.

Speaker 4 (01:12:42):
Cool, I'm pleased to hear. Now, did we retrou fit
the money when when we bought the thing a commercial
vessel from Norway? Did we put water tight compartments in
it before we made it a warship or whatever ship
it was?

Speaker 22 (01:12:53):
Heather I haven't been briefed on that operational detail, so
I can't give you an answer on it. What I
know is that the Defense Force operate with the expectation
that their vessels are up to performance, that they're well
maintained and can deliver on the function for which they're
procured for.

Speaker 4 (01:13:11):
Yeah, the reason I'm asking is because Ron Mark, who
was the former Defense minister who bought the things, suggested
that that didn't happen. That would be remarkable if that
didn't happen.

Speaker 1 (01:13:18):
Right.

Speaker 22 (01:13:19):
Well, look, that's really a question for Judith Collins. But
as she has said, we've got this special Commission of Inquiry,
we'll look at what were the circumstances that they'd to
that ship, thin king.

Speaker 4 (01:13:32):
How much is it going to cost to clean the
place up?

Speaker 22 (01:13:35):
I don't have a figure on that. What I do
know is that we have a small amount of insurance
to cover those clean up costs and environmental effects if
there are any. And obviously so you must have freaked discussion.

Speaker 4 (01:13:47):
I mean you must have seen this happen and gone,
oh no, because we're broke already and now it's just
more stuff to pay for.

Speaker 22 (01:13:54):
Quite honestly, Heather, I looked and I just had my
head in my mouth because I thought, thank goodness, those
people are safe, because if that had been a national
tragedy where young Navy officers had lost their lives, that
would have been a far far true.

Speaker 4 (01:14:11):
I mean, glass half full, I totally get it. Has
anybody said to you whether this is going to be
more expensive or less expensive than the arena cleanup?

Speaker 22 (01:14:19):
No, they haven't. But what I have been briefed on
is that actually this is so far a lot more
straightforward than that, and that we don't have any leakage
occurring at present.

Speaker 4 (01:14:30):
Listen on Wellington City Council. Are we yet at the
stage where the government intervens.

Speaker 22 (01:14:36):
Well, it's the shambles and the fact that the long
term plan is now having to go back to the
drawing board, that it's already one of the most highly
biggest increases in rates in the country. That Wellingtonians are
sort of despairing about the council's focus on itself rather
than the people it's meant to serve. Those are all
factors that I'm certainly concerned about, and I know that

(01:14:58):
the Minister for Local Government, Simeon Brown, is concerned about.
He is watching the situation very closely, and he has
a number of options under the Local Government Act.

Speaker 4 (01:15:08):
Is he going to use those options now or is
he going to wait until I think it's May next
year when they are likely to have another crack at
the long term plan.

Speaker 22 (01:15:17):
Well, look, he will be taking advice on that himself
and making his own judgments about that. Under the Local
Government Act, there are a number of options that he has.
You often hear people talking about a commissioner, but there
are things other than a commissioner that he can do.

Speaker 4 (01:15:32):
And it sound advice on that you're making it sound
like a Crown monitor maybe a consideration right now.

Speaker 22 (01:15:39):
Well, I know, as I say, being upfront with you,
I know that Simeon Brown shares my concerns that we
have what appears to be not a very functional counsel
in Wellington right now. We take that pretty seriously. He's
looking carefully at that situation, taking advice on it, and
if there is an action that the government can and
should sensibly take, there will be prepared to brilliant.

Speaker 4 (01:16:01):
Hey, Nicola, thank you very much, really appreciate your time.
As always, talked to again next week. That's Nichola Willis
Finance Minister seventeen past six crunching.

Speaker 1 (01:16:08):
The numbers and getting the results.

Speaker 2 (01:16:10):
It's heather due to see Allen with the business hours
thanks to my HR, the HR platform for SME on
us talksb.

Speaker 4 (01:16:20):
Listen on the cost of I should give you a
bit of context around at the cost of the arena cleanup.
Remember Rena that rander ground there Mount mong and OUI
that costs seven hundred million dollars to clean up. Now,
if this vessel in some war doesn't seem like as
big a job, then I guess you could put a
cap and say seven hundred million dollars add to inflate
a rising inflation and so on in factor that in.

(01:16:41):
So at least we're not talking I mean, I've seen
some estimates of like a billion dollars. Doesn't sound like
we're talking about that, but you know, we'll keep an
eye on it. On Nikola Willis, I've got to text
you from Larry saying, hither it doesn't sound like Nichola
Willis and Torrey Farno are tight at all. I've been
thinking about whether the government should actually get involved in
the Wellington City Council mess, and whether they're an upside
to the government. There's an obvious downside to the government,

(01:17:03):
which is that Wellington City Council is the poster child
for left wing local government politics right and downside is
right wing government cracks down on left wing council just
because because we don't they don't like our ideas. That's
the downside. The only upside that I can see at
this stage is that it benefits only one person if
they go in, and that is Nikola Willis, because she

(01:17:23):
is a local MP. And there's a local MP standing
up for the local town and getting rid of the
council that are doing a rubbish job. So potentially, potentially
there is upside for her in the government intervening there.
And actually it's probably enough politically. I reckon, I reckon,
They've got all the reasons to intervene. I got a
political reason. Now they may as well. Six twenty one

(01:17:44):
with us. Now we've got Shane Solly of Harbor Asset Management. Hey, Shane, Hey, listen,
I'm very well, thank you, Shane. I'm fascinated by what's
going on in China. So they're going to open up
the stimulus taps a little bit more.

Speaker 14 (01:17:56):
Yep.

Speaker 26 (01:17:57):
So again we've seen a few policy announcements of last week.
We say, in the weekend we saw another big announcement
from the Chinese Master of Finance, their outlining planning spacely
to issue more debt to boost property markets, recopitalize banks,
assist local governments, and so on Saturday they talked about
the potential to issue special sovereign bonds to recapitalize the

(01:18:17):
big state owned banks, and it would also allow local
governments to use remember two point through tree and of
local governments special bonds to buy unsold homes. Really important
because the local governments have been pretty hamstrung. They've had
massive debt, and so this really allows them to repay
debt and actually put some stimulus back in the economy

(01:18:37):
pieces that's been missing in the Chinese economy.

Speaker 4 (01:18:41):
Now, capital markets initially seemed to be kind of disappointed
by this.

Speaker 26 (01:18:44):
Should they have been, well, look, it's it was a
bit light on detail and numbers, and this is what
we've seen the last week also in terms these policy announcements.
But certainly the Minister of Finance was be patient, We've
got some more policy announcements coming, and he got asked
a question about the scarlet things you said. Look, I
won't say now, but it's going to be big, and

(01:19:04):
that's pretty unusual. They don't normally say stuff like that.
There's a bunch of policy and events coming up to
the National People's Congress later in October, and it just
feels like the Chinese regulators are putting more and more
and more layers of supporting. It's certainly giving the economy
a bit of a boost off the bottom. So there
is some upside here. We had to see some more detail.

Speaker 4 (01:19:26):
Now, what does this mean do you think for the
New Zealand economy.

Speaker 26 (01:19:32):
Look, we've got a bit of a way to go.
We do need to see how this goes in terms
of stimulating consumer confidence. That's what it's all about, right,
trying to give people confidence and housing markets and that
they can open up their own spending. And so if
it happens that it would actually be broadly supportive for
demand for New Zealand commodities, things like services like travel
if it improves confidence, and also would be a bit

(01:19:54):
of a boost to the Australian economy, which again is
helpful for a lot of New Zealand businesses. There ever
Australian activity, but we've got to let it roll through.
We've seen a bit of a balance. People are a
bit more optimistic, but we need to see some more detail.

Speaker 4 (01:20:08):
Yeah, fair enough. Now we've just been talking to Nichola
Willis about the easing and the foreign investment laws. What
do you reckon that means for the capital markets?

Speaker 26 (01:20:15):
Well, look, I think the best way putting it is
the current policy has restricted the breadth of offshore investment
New Zealand, and I think it has certainly pushed New
Zealon down the list of the destinations for investors to
go globally. So look, anything that actually sees that maybe
we go back up the list. But I just sort

(01:20:36):
of obviously point to there's been some really good offshore
interest in our markets of late. There's obviously big bond holdings,
but more recently we've had some massive capital raises. Now
the used example of Auckland Eport raised one point four
billion dollars. We saw a big injection from global investors
really attracted to attractive New zeal On infrastructure. So I

(01:20:57):
think there is plenty of appetite out there. They just
need to know that they're actually there's a framework that
doesn't penalize them, and I think also when I come
back curious over cause are pretty powerful as well. So
you know we have multiple services the capital. Just freeing
up that access to international investors will be helpful to
improve the pricing we get for our asses.

Speaker 4 (01:21:18):
Yeah, brilliant stuff. Hey, Shane, thanks for talking us through that.
Enjoy the receive Evening that Shane Soally of Harbor Asset
Management twenty four.

Speaker 1 (01:21:23):
Past six, crouching the lovers and getting the results.

Speaker 2 (01:21:27):
It's Heather Duplicy Ellen with the Business Hour thanks to
my HR the HR solution for busy smys on news TALKSBI.

Speaker 4 (01:21:36):
Hey, Maheshmuralida is going to be with us after the news.
If you recognize that name, it's because he was a
candidate for the National Party in Auckland Central up against
Chloe Swarbrick at the last election. He's an investor. He
reckons we need to businesses here need to be putting
some money aside to expand globally. He'll talk us through
it when he's with us. Big day on Wednesday. Right,
if you're watching economic data and if you're interested in

(01:21:57):
what's going on with interest rates and so on, we've
got the inflation number out there is a developing consensus,
by the looks of things, that inflation is going to
be back down to around the two percent mark, which
is actually remarkable when you think about where it was
not long ago. And if it hits surrounded about the
two percent mark, it means we've officially got the thing
beat right. So you've got the Reserve Bank A and Z,
Benz and Kiwibank now all forecasting it's going to be

(01:22:19):
sitting at two point three percent in two days time,
ASB and Westpac even more optimistic they reckon it's going
to be two point two percent.

Speaker 22 (01:22:27):
Now.

Speaker 4 (01:22:28):
That means obviously Reserve Bank can just get over this
nonsense with the OC are still sitting as high as
it is a just cut cut cut, cut cut, because
we've got the thing beat right. Question is how much
capital economics reckons there is now potential for the November Cup,
which is at the end of November, by the way,
to be seventy five bases points. The thing that will
be the real consideration is where the domestic inflation has

(01:22:48):
come back sufficiently? But how good is that? I mean,
we're on the right path, aren't we.

Speaker 1 (01:22:52):
Headlines next, whether it's macro, micro or just playing economics.

Speaker 2 (01:22:58):
It's all on the business with Heather Duplessy Allen and
my HR. The HR solution for busy SMEs, new stalksb stuff.

Speaker 27 (01:23:07):
Worgaint is your truck great? Didn't your card? My did
expand house? There's a way, I'm I'm.

Speaker 4 (01:23:17):
Sure you're last, He praised, going to be with us
in ten minutes time. Apparently Christopher Columbus. This is according
to a new genetic study which has been done by
Spanish scientists. Apparently he was Spanish and Jewish, which apparently
sheds light on a century's old mystery. Anyway, Kevin's going
to talk us through why that's important, winnings with us
very shortly. Oh, thank god, thank god. Team New Zealand

(01:23:39):
has just said it and put an end to this nonsense.
Right they've just said you would have heard it in
the headlines just then, that we're not going to We're
not on the cards. This is New Zealand. We are
not on the cards for the next America's Cup regatta
if they win, basically because we're not ready. They say
the Middle East is ready in two years. Barcelona is
already ready. If we were to go to New Zealand, however,
and that is a scenario. Years is not enough. Thank goodness,

(01:24:02):
because now we can stop having this conversation because I
don't know how much did Barcelona papers one hundred million bucks?
Like one hundred we're gonna pay that.

Speaker 6 (01:24:09):
No, we're not.

Speaker 4 (01:24:10):
So they just it's almost like being broke. They're broken
up with us. The boyfriend has broken up with us.
And now we can do We'll watch a few sad
movies and we'll get over it. It's twenty two away
from seven.

Speaker 1 (01:24:22):
Heather duper Cy Len the key we.

Speaker 4 (01:24:24):
Investor reckons more businesses in New Zealand should be putting
money aside to expand internationally. Apparently this would get our
GDP up. It's one way of doing it. Phase one
Venture CEO Mahesh Morilla Muralad is with me. Now, maheshifs
totally stuffed up your name, I'm sorry.

Speaker 10 (01:24:40):
That's all right. You're not the first one, so that's
all right.

Speaker 4 (01:24:42):
I would imagine that's the case. Hey, listen, thank you
very much for joining us. I'm kind of surprised that
that businesses aren't already thinking about trying to get international customers.

Speaker 14 (01:24:51):
Well, I think it's a story that we have right
where we're an entrepreneurial country to islands in the corner
of the world, but we don't see scale doesn't happen
naturally to us. The same entrepreneur, the same university student
in the US or in India has the same level
of skills as anyone in New Zealand, but they see

(01:25:13):
scale and we don't. So we have to actually have
to like go out of our way to start thinking
globally from day one?

Speaker 4 (01:25:20):
Is it hard to is it? Is it a difficult
thing to try to get a customer overseas?

Speaker 1 (01:25:26):
No, it's not.

Speaker 10 (01:25:27):
I mean, look, it's it's not complex.

Speaker 14 (01:25:30):
It's hard, right, you're probably working one point one one
point two times what you'd have to do initially, and
it's a little bit more expensive. But you can imagine,
I'm sure you can imagine, Heather, that the dividends on
that is significantly more.

Speaker 6 (01:25:45):
Right.

Speaker 14 (01:25:45):
So if you if you just go out of your
way to win one more customer or one customer in
the US or in India or in South Asia and
the Middle East, it pays so much down the road.

Speaker 4 (01:25:56):
So why don't we have this idea of scale.

Speaker 14 (01:26:00):
It's it's it's because we it's because we just don't
see that, right, Like we're on the corner of the world.
We were richer once nearly if a couple of decades
ago we were fine, we probably got.

Speaker 10 (01:26:11):
A little bit complacent.

Speaker 14 (01:26:13):
We haven't connected with our Kiwi, diaspro overseas as much.
I think this is a small country thing, right, Like
you the kings and queens in any situation end up
blaming that glass ceiling and you don't look outside and
look overseas. It's we talk about cutting the pie up
more often than growing the pie.

Speaker 4 (01:26:32):
So if you were to to go for certain customers,
which which countries would you be targeting.

Speaker 10 (01:26:39):
Well, you look, you look at where demand is.

Speaker 14 (01:26:41):
US is still going nuts, at least is going nuts,
Southeast Asia is going nuts, and India is going nuts. Right,
so you have four and of that, culturally you're more
we're more connected to the US and the Commonwealth countries,
which are Southeast Asia and India, right, And so those
would be the natural places. US obviously the easy because
law and order signals all of that work. But you'd

(01:27:04):
take a bet on any one of this whichever is
more in line with the business that you have.

Speaker 4 (01:27:10):
I've got a taxi from ben It says, our freight
system here is third world. It's crap, and that's part.

Speaker 22 (01:27:17):
Of the shot.

Speaker 4 (01:27:17):
What do you think, sure?

Speaker 1 (01:27:18):
Sure, yeah.

Speaker 14 (01:27:19):
I mean you don't have to send stuff from New
Zealand to start a business from New Zealand, right Like,
for example, you could start a textile and manufacturing organization
that thing in India or China and then make sure
that you market it better Exeter and then sell it
to the US A la zuu correct ala zero. You
can do it by Amazon, you can do it by

(01:27:41):
Facebook marketplaces. The thing is to try to find ways
to not make excuses. I mean, the government's gone a
good way in regards to reaching out and saying hey,
we've got to be global, but our entrepreneurs and our
businesses have to go, hey, we've got to do this.
We have to start earning global coin.

Speaker 4 (01:27:58):
I find it fascinating what you said about the die
because you're not the first person I've heard say this
that there are other like the Irish, for example, are
really fantastic at kind of harnessing the potential of the
diaspora and making it work for them. If we were
to and we don't, and if we were to how
would we do it?

Speaker 14 (01:28:15):
I mean I was in the US about two weeks ago.
There are so many kiwis doing so well. I think
we have to start talking about global from day one,
So reaching out to more of these, more of our
kiwis who are doing so well overseas, right, like so
more of our news media, more of our leaders looking

(01:28:35):
for best practice globally and saying this is not good enough.
Like the All Blacks mean so much to us, I
think because they're one of the best examples of US
hitting like great levels from a global perspective.

Speaker 4 (01:28:47):
What do we want the diaspora to do? I mean,
it's one thing to look at somebody doing really well overseas,
reading the news or something. But then what value is
it to us?

Speaker 14 (01:28:56):
A couple of things, role modeling that we can achieve
great things, that we can achieve global thanks to bringing
back best practice. Right, How do we think about this?
How do we think about scale? For example, one of
the things you think about when you think about scales.
Don't think about scale straight away. Just understand the market.
Just make one dollar first, and then the systems and
so forth. Global capital, it's actually the US market's US

(01:29:19):
capitals once you go there.

Speaker 1 (01:29:20):
It's quite easy.

Speaker 14 (01:29:22):
But you need role models other kiwis who've done that,
and then we need to look at them and go, oh,
I can do that too.

Speaker 16 (01:29:28):
Yeah.

Speaker 4 (01:29:28):
Interesting. Hey, that's a very interesting thought that you've given us.
Thank you so much for that. Mahesh. It's Mahesh Moralla.
I'm going to give up Mahesh M from here on
in on this show. Maheshim Phase one ventures CEO's all me.
It's not him that's the problem. Listen. I'll tell you
what I was fascinated by something I came out yesterday,
which is a list of what the public sector boards
of directors are getting paid. You're going to want to

(01:29:49):
hear this. We're going to talk about the shortly seventeen
away from seven.

Speaker 2 (01:29:53):
Everything from SMEs to the big corporates, The Business Hour
with Heather Dup of Cles and my Hr The solution
for busy smy on News Talks It be.

Speaker 4 (01:30:03):
Hither we could export traffic management because no other country
does it as well as we do, so we could
advise them what to do and then export millions of
cones as well. Angus, what a fantastic idea. You're basically
doing what Mahish said we should do with us right now.
As Devin Gray UK corresponding to Kevin Hi there Gevin
this public inquiry into how this woman died in Salisbury,
the Novachok case. What don't we know that we need

(01:30:26):
to know?

Speaker 5 (01:30:28):
Yeah, a very good question. I think plenty of people
will be asking. We've seen to have a lot of
public inquiries in this instance. It's really I think in
looking at how perhaps future first responders might be better protected.
The inquiry will examine the circumstances leading up to the
death and try to establish where the responsibility lies and

(01:30:49):
highlight identy lessons. That's the official sort of reasons for
doing it. Forty four year old Dawn Sturgis was killed
after coming into contact with novi Chok, just four months
after the same chemical weapon was used to target Serge
scrip All, a former Russian spy, in Salisbury. Of course,
it became known as the Salisbury poisonings back in March

(01:31:11):
of twenty eighteen. The Scripps survived. However, it appears Dawn
Sturges with her then boyfriend, found a package in a
public wastebin, thought it was luxury perfume and took it home.
She obviously put it on herself and sadly later died.
He incidentally was very very seriously ill, but managed to survive.

(01:31:33):
The inquiry starts at the Guildhall in Salisbury in just
four hours time from now, but after a one week
where they will have heard from missus Sturgess's mother. The
rest of the week then focuses on the experience of
those local responders, and then after that first week there'll
be a week's break and then moving into central London

(01:31:55):
where I'll hear about the targeting of Serge and you
really scrip Ol, the former Russian spy and his daughter. Incidentally,
some of the public hearings will be on will be redacted. Effectively,
they're going to be on a short delay and that
could mean that some of it is not heard in
public owing to the fact that there are national security fears.

(01:32:15):
The Scriptols themselves not giving evidence fears for their security.

Speaker 4 (01:32:20):
Kevin, what do you make of Poland suspending the right
to asylum?

Speaker 5 (01:32:25):
Yeah, very very interesting.

Speaker 6 (01:32:26):
This so.

Speaker 5 (01:32:27):
Donald Tusk is the current Prime Minister of Poland, and
he was also the former head of the European Commission,
and as such, everything that the countries did he was
very keen in seeing sorry, the European Council. I meant
to say, he was very supportive of the Unified Block
with countries, you know, aligning policies and dejectives. But now

(01:32:49):
he's Prime Minister of his own country, things seem to
be changing, shall I say. And he's basically saying that
Belarus and Russia are behind a massive migrat into Poland,
and it's he claiming it to be hybrid warfare. What
he's suggesting is that those countries, Belarus and Russia are
deliberately getting these migrants that are from mostly from the

(01:33:14):
Middle East but also from North of Africa, going through Belarus,
and they're encouraging them to go into Poland to destabilize
the European Union. Both countries incidentally deny this is doing,
but certainly the numbers entering Poland from Middle East, Africa,
Asia absolutely rocketing, and Poland simply said have had enough
and saying right, well, we're going to sort of have

(01:33:35):
a temporary suspension of that. However, he's got to get
that sort of through the European Union and that will
be a tough ass because it is Poland and every
country's law that they have to process asylum seekers. So yeah,
there's going to be a bit of a standoff here.

Speaker 4 (01:33:54):
Interesting. Now, why is it significant that Christopher Columbus might
have been Spanish and Jewish.

Speaker 5 (01:34:01):
Yeah, it's just a change of what the historians think
and have always thought, because they've always really thought that
he was from Genoa and was an Italian. However, the
study of DNA actually now contradicts that traditional theory, which
many historians have actually questioned. Anyway, they actually think he

(01:34:23):
concealed his Jewish identity or converted to Catholicism in order
to escape religious persecution. That they believe that those expeditions
across the Atlantic in fourteen ninety two, which of course,
you know, pretty much changed the course of world history,
that he was probably born in Western Europe and yet
likely in Spain. This was after a study of really

(01:34:45):
lots of different parts, but also it began at Granada
University with a historian there exhooming what were believe to
be the remains of Columbus from Sevil Cathedral and then
testing the DNA.

Speaker 4 (01:34:58):
How fascinating. Hey, GN, thanks very much, really appreciate us.
Kevin Gray, our UK correspondent, Heather can we finally lose
the team New Zealand name. I think I will always
be slightly perplexed by how much Grant Dalton has got
under our scina. It's we are a little irrational about it,
aren't we, Maybe because it's like a boyfriend who's breaking

(01:35:19):
up with us is doing the dirty with Barcelona. Nine
away from seven, I talk you through next what the
boards of directors on the public coin are getting news
talk ZEDB.

Speaker 1 (01:35:28):
Whether it's macro MicroB or just playing economics.

Speaker 2 (01:35:32):
It's all on the Business Hour with Heather Duplicy Allen
and my HR, the HR platform for SME NEWSTALKSB.

Speaker 4 (01:35:40):
I get six away from seven, Get a load of this. Okay,
So yesterday a list came out of what all the
boards of directors across state owned enterprises and Crown entities
and Crown research institutes are paid. And what is fascinating
about this is that some of the boards of directors,
the ones that are paid the absolute most on the
taxpayer coin, are on the boards of out doing terribly.

(01:36:02):
Like really, there is no it's not like there is
no consistency here. This one is doing great, Let's pay
them heaps.

Speaker 10 (01:36:08):
No, not at all.

Speaker 4 (01:36:09):
The top that the highest paid board member is Terse Walsh,
chair of A New Zealand's board, paid two hundred and
seventy thousand dollars in the year end of June twenty
twenty three. Can I just remind you how badly in
New Zealand is doing. They made no money in the
second half of last year. They're doing so badly. They're

(01:36:30):
shutting down routes and changing others. They are always late.
I love the stuff. I just want to say when
I get on an ear New Zealand plane, absolute ballers,
best people out, but the company is shite. So how
is she getting two hundred and seventy thousand dollars anyway?
Number four on the top paid board members list, Neil
Quigley one hundred and seventy thousand dollars, is the board

(01:36:52):
chair of the Reserve Bank of New Zealand. This is
the reserve bank that had one job keep inflation under
control and it's stuffed it up. Now, don't come at
me with an of the inflation went up everywhere. Yeah,
inflation went up everywhere, but look at how badly they
stuffed it up in New Zealand. Inflation was going up
and eighteen months later they were still pumping free money
into the system, dur and then also completely overcooked it

(01:37:14):
as I just illustrated. And now they appear to have
cracked down too hard so they can't do their job
properly at all. I like Neil. Neil seems like a
straight up guy. But the Reserve Bank is shite, isn't it.
Now's the board chair getting one hundred and seventy thousand
dollars Keith Turner, board of Transpower, New Zealand's chair one
hundred do we need to put Just play the clown

(01:37:35):
music in your head. Play the clown music in your head,
because this is Transpower's board chair got one hundred and
twenty one thousand dollars. And remember what did they do?
Nuts out of the pylon, didn't they? So he's getting
that much money?

Speaker 1 (01:37:48):
Can go on?

Speaker 3 (01:37:49):
Can go on?

Speaker 1 (01:37:50):
Can go on?

Speaker 4 (01:37:50):
Because it is just a crazy list. But also the
highest paying boards right, this is the collective of all
of the directors what they get paid. Number seven so
a New Zealand Meridian, Genesis, Reserve Bank, Mercury Blood and
number six Transpower number seven Land Corp Farming paid its
directors three hundred and two thousand dollars. Just a reminder,
Land Corp lost twenty six million dollars last year, Like

(01:38:12):
must be the worst farmers in the country and yet
they managed to pay their director so much. I feel
like there's a case here for incentive payments in the
public six or what do you reckon? We would go, yeah,
we'll get you a little bit and if you do
well then you get heaps more. But if you don't
in New Zealand Transpower Land Corp at ol you will
not get massive payments. Just saying that's a thing for

(01:38:32):
the future.

Speaker 9 (01:38:33):
And Morning Glory by Oasis to play us out today.
The tickets for the Oasis shows at Melbourne's Marvel Stadium
and Sydney's a Corpse Stadium, which probably a lot of
keys were flying over for. They teenchnically go on sale tomorrow,
but there was a big pre sale ballot thing where
you could get drawn from it. So a few people
did manage to get ahold of tickets today, including a
New Zealand Herald online sports edit at Alex Powell, who

(01:38:54):
managed to get himself a ticket. So congratulations Alex. This
is his favorite Oasis song And if you were hanging
out for the for the general sale tomorrow. I wish
you all the luck, and I hope you'll be sitting
right next to Alex.

Speaker 4 (01:39:04):
And Alex paid how much?

Speaker 9 (01:39:06):
There's three hundred and something, wasn't it.

Speaker 4 (01:39:08):
Three hundred and fifty dollars?

Speaker 10 (01:39:09):
One hundred and fifty dollars?

Speaker 9 (01:39:10):
Which is I mean, that's how much Trevor Scott is right,
and that's just over here, so I thought it was
actually quite cheap.

Speaker 4 (01:39:16):
Yeah, and Alex doesn't have flights yet because the flights
don't go on sale until a year before, so he's
got to wait till the eighth five.

Speaker 9 (01:39:21):
I think Alex will probably swim over there if he
has to.

Speaker 4 (01:39:23):
Know, and Alex doesn't have accommodation, I see.

Speaker 9 (01:39:26):
You'll sleep outside the stadium if he has too.

Speaker 4 (01:39:28):
Alex is going to do what it. Suddenly the rest
of us are like, maybe we should go as well.
So maybe we'll see you there. Enjoy the rest of
the evening. Nice to be back with you see tomorrow.

Speaker 2 (01:39:48):
For more from Heather Duplessy Allen Drive, listen live to
news Talks. It'd be from four pm weekdays, or follow
the podcast on iHeartRadio.

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