October 22, 2025 • 9 mins
Tonight on The Huddle, Jordan Williams from the Taxpayers' Union and Jack Tame from ZB's Saturday Mornings and Q&A joined in on a discussion about the following issues of the day - and more!
Is the Government right to get rid of its climate disclosure rules for listed companies? Did anybody actually care?
Tomorrow's mega-strike is set to begin. Polls indicate over half of Kiwis support the strike. What do we make of all this?
What's your secret to cooking a good sausage?
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Episode Transcript
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Speaker 1 (00:00):
The Huddle with New Zealand Southby's International Realty find your
one of a kind.
Speaker 2 (00:05):
On this evening we have Jordan Williams of the Taxpayers
Union and Jack Came, the host of Q and A
and Saturday Mornings here on News Talks'd be hire you too, Jack,
Go on, Jordan, you're.
Speaker 3 (00:15):
Just nonsense mindful investment? What the guy's nonsense? One? Wasn't
he the idea that, you know, with a million dollars
for turners to have to disclose this information? We're well,
we're gonna get It's gonna get so.
Speaker 2 (00:28):
John with us, said Joan Withers said in the midway
through this year. She said they were spending more time
on the climate disclosures than they were on their financial accounts.
Speaker 3 (00:38):
If this guy Barry was half right, we would have
seen an impact on the price of the INSIDEX if
investors were so desperate for this information. It is just
it really annoys me, these hardcore activists that try to sound, oh,
you know, we're all about the markets. Bollocks. Yeah, totally
total bollocks.
Speaker 4 (00:56):
Jack, Wow, I will more convinced by Barry than Jordan was. Well,
if you were to considered that the first of all,
a million dollars way too much for a company like Turners.
We all agree on that. Right. Second, of all, the
initials regular thank you Jack, in establishing the frameworks, the
(01:20):
initial investments in establishing the frameworks and the procedures by
which you make these disclosures has been made by these companies. Now,
if the concern of the government, as they've said today,
is that the regulatory burden is too great and these
companies aren't as profitable as they should be, well I
would have thought at the very least it would be
worth trying to quantify our much New Zealand listed companies
(01:43):
are undercapitalized as a result of not having these kind
of disclosures which could affect investing decisions.
Speaker 3 (01:51):
And it done it today a result of this. And
also they actually are affected into the accounts because we
have a comprehensive emission trade trading scheme. All of the
companies are already paying for their emissions.
Speaker 4 (02:04):
But it's not just about emissions though, it's about climate risk,
right Like, so, if climate events are likely to disrupt
your profits going forward, if there's some sort of natural
event that affects you, that that I mean, that's not
covered in the day.
Speaker 3 (02:15):
Has it disclosed material risks anyway? That I mean Turners
is a great example, like the auction cars. What is
is not going to get too hot for cars? I
get that for an energy company with which this will
be disclosed anyway, because if it's a material financial risk,
this is just disclosures for the sake of disclosures. Because
for an ideological ram rate.
Speaker 4 (02:38):
Yeah, I think having having not yet seen the having
having not yet seen the evidential basis for changing the threshold.
You know, I can't comment too much on the government's
justification for it, but at the very least, if I
were an institutional investor, I would want to be able
to properly quantify all the rest and a better way
(03:00):
of doing it. I think there's a better way of doing.
Speaker 2 (03:02):
What I'm seeing here, Jordan is that there is an increase,
there is an increased intolerance of climate nonsense like this,
what's going on in the world? Why why have we
got these the nets era banking alliance blowing up the
insurance version.
Speaker 3 (03:15):
We have a generation of bs from politicians saying, oh,
look we're going to get green jobs. You know, we're
going to We're going to ban oil and gas and
be richer and consumers can see straight through it that
we're paying that energy prices have gone up one hundred
and fifty percent. I actually would put to you it's
a real risk for Hopkins next year because they will
(03:36):
be that National Party will be hoping that they go
and continue to ban that oil and gas, and all
they have to do is remind New Zealanders can you
afford them again?
Speaker 5 (03:45):
Yeah?
Speaker 3 (03:45):
And the last time they didn't rely on the greens,
you know, they banned We can say, well, you know,
it's a bright future.
Speaker 5 (03:50):
Don't worry.
Speaker 3 (03:51):
We're gonna it's going to be solar and winded. You
know what, We're going to create green jobs. The Emperor
has no clothes, totally have realized that.
Speaker 2 (03:58):
Okay, but I want your take on this, Jack. So
is it now that the emperor has no clothes and
we can see through the screenwashing nonsense and all the
other just that the absolute bollocks of the whole thing.
Or do you think it is simply that the world
has shifted slightly, right, there's an intolerance for it. As
soon as the world shifts left again, it's back.
Speaker 4 (04:16):
I mean, my general sense with politics and culture is
that there is a bit of a pendulum of sorts,
so things teen to swing back and forth and then
and generally settle in the middle somewhere over time. So
I think that's probably component. I mean, it's interesting that
we're having this conversation. As you know, ten minutes ago,
I was looking on my screen of a person literally
(04:36):
being blown into the into busy traffic and Welbington crazy
crazy weather.
Speaker 2 (04:44):
That happened to my dad in the seventies.
Speaker 4 (04:47):
We yeah, well, the frequency, the frequency with which we
see extreme weather events is obviously increasing. It's curious that
we should have this conversation.
Speaker 3 (05:00):
From extreme weather events than ever like this is the negativity.
Speaker 4 (05:07):
That's That's not the question though, is the frequency of
extreme weather events increasing. What's what's happening to migrant flows
from or what they're being driven because last I checked,
Europe is being overrun by migrants, many of whom are
being pushed out by a warmer.
Speaker 3 (05:24):
In Europe.
Speaker 4 (05:25):
Climate Europe absolutely, absolutely, the two things a link. If
you think Europe faces a challenge now with some of
the authoritary in leadership, try again in fifty years when
you have millions more people coming from one of the
most densely populated parts of the world desperately trying to
find themselves in the cooler climates so they can actually
have prosperity in them more people do not.
Speaker 2 (05:49):
We're going to stop then or not because I am
not fascinated by it. I am, but there's heaps more
than we have to talk about, and we're run out
of times.
Speaker 5 (05:56):
That's what we started.
Speaker 2 (05:57):
We'll come back and just to take.
Speaker 1 (06:01):
The huddle with New Zealand Southeby's International Realty, the global
leader in luxury real estate.
Speaker 2 (06:07):
You're back with the huddle. We've got Jack taym and
Jordan Williams. Jack, are you surprised by that support for
the mega strike?
Speaker 4 (06:13):
I am, actually a little bit. I think the unions
are walking a fine line here personally, and this is
based only on kind of vibes at the moment, and
that I just think so many people across the private
sector are going to say, and the public sector are
going to say, you know what, I haven't seen a
massive improvement of my wages in the last couple of years.
My pay rises have all been behind inflation. You know,
(06:36):
my conditions haven't materially improved. And the fact that I
now have my children out of school for a day
is really frustrating, and if the fact that my operation
has been delayed yet again is really frustrating. So while okay,
maybe they enjoy the majority public support for tomorrow, like
I say, I think it's I think it's a delegate game,
(06:57):
and I think the government feels much the same as
evidence by Judith Collins, Open Leader and comments from Simmy
and Brown and them.
Speaker 2 (07:04):
Yeah, what do you think, Jordan?
Speaker 3 (07:06):
I agree with Jack, I mean, yeah, but bang on,
I almost want to know. I'm going to do it
in a shout out, like my little girl's primary school
is not closing tomorrow, and a lot of our friends
kids don't have school. And I'm so appreciative, although I
do your producer was telling me that the weather is
seeing all the actual turnouts.
Speaker 2 (07:24):
Yeah, they're doing the rallies.
Speaker 3 (07:26):
The sleeping in the long weekend, doesn't it. But I
can I can tell you exclusively that despite PSA education,
INSI education, it's PPT a celery medical speech. With all
these unions that very unfortunately, the textposer Union is not
on strike.
Speaker 4 (07:44):
Do you know what?
Speaker 2 (07:44):
Can I tell you?
Speaker 5 (07:45):
Though?
Speaker 2 (07:46):
When you guys first set up, we have family members
who are very very left, and one of them was
so angry at you guys for taking the union label
like it was visceral.
Speaker 3 (07:55):
How angry there was the Farmer's Union in the UK.
I mean I also found at the Free Speech it
is an actually to speak.
Speaker 2 (08:04):
About the Free Speech Union in a minute. Thanks for
reminding me, Jack. How do you cook a sausage? Best way?
Speaker 4 (08:09):
Barbecue? No doubt. I think if you're cooking it enjoy,
you're in trouble.
Speaker 3 (08:16):
Jack, Or are you a proper charcoal?
Speaker 4 (08:19):
I'm a gas barbecue man, although it depends if I've
got the Persian. If I've got the Persian and laws
around there, we are a charcoal. We have it, and
we have we go one step further there you go,
we go charcoal. Sometimes the Persian and laws are around there,
you go. That's the way to that is.
Speaker 5 (08:33):
That's what do you reckon? Jordan?
Speaker 2 (08:34):
How do you cook your snacks?
Speaker 5 (08:36):
Uh?
Speaker 3 (08:37):
Well, I've had this issue course quite the debate in
my office because there's a few Brits and they insist
that the pork what you've been through into British sausages
is not correct because they insist that actually in Britain
it's more around pork sausages, whereas we default to the beef.
Speaker 5 (08:53):
And so they argue that you need sauce. And that
led into the bat because tomato sauce. As you know,
the half is I'm extremely lucky, except because these these people,
they walk among us. She has ketchup instead of tomato sauce.
Speaker 3 (09:10):
I find what difference.
Speaker 2 (09:15):
I thought it was just the Americans called a ketchup, and.
Speaker 3 (09:17):
We know it is significantly different. The best is what
what what you get in Berlin with the carry verse
and that delicious sort of mail and weird you know
what it is, which is so.
Speaker 5 (09:29):
Happy right now?
Speaker 2 (09:30):
Look at her face, Hey, thank you very much. Okay, well,
so now we're going to find now we've got an
issue with the tomato sauce and the ketchup. That was
Jordan Williams and Jack Tammer huddle this evening.
Speaker 1 (09:38):
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
The Huddle with New Zealand Southby's International Realty find your
one of a kind.
Speaker 2 (00:05):
On this evening we have Jordan Williams of the Taxpayers
Union and Jack Came, the host of Q and A
and Saturday Mornings here on News Talks'd be hire you too, Jack,
Go on, Jordan, you're.
Speaker 3 (00:15):
Just nonsense mindful investment? What the guy's nonsense? One? Wasn't
he the idea that, you know, with a million dollars
for turners to have to disclose this information? We're well,
we're gonna get It's gonna get so.
Speaker 2 (00:28):
John with us, said Joan Withers said in the midway
through this year. She said they were spending more time
on the climate disclosures than they were on their financial accounts.
Speaker 3 (00:38):
If this guy Barry was half right, we would have
seen an impact on the price of the INSIDEX if
investors were so desperate for this information. It is just
it really annoys me, these hardcore activists that try to sound, oh,
you know, we're all about the markets. Bollocks. Yeah, totally
total bollocks.
Speaker 4 (00:56):
Jack, Wow, I will more convinced by Barry than Jordan was. Well,
if you were to considered that the first of all,
a million dollars way too much for a company like Turners.
We all agree on that. Right. Second, of all, the
initials regular thank you Jack, in establishing the frameworks, the
(01:20):
initial investments in establishing the frameworks and the procedures by
which you make these disclosures has been made by these companies. Now,
if the concern of the government, as they've said today,
is that the regulatory burden is too great and these
companies aren't as profitable as they should be, well I
would have thought at the very least it would be
worth trying to quantify our much New Zealand listed companies
(01:43):
are undercapitalized as a result of not having these kind
of disclosures which could affect investing decisions.
Speaker 3 (01:51):
And it done it today a result of this. And
also they actually are affected into the accounts because we
have a comprehensive emission trade trading scheme. All of the
companies are already paying for their emissions.
Speaker 4 (02:04):
But it's not just about emissions though, it's about climate risk,
right Like, so, if climate events are likely to disrupt
your profits going forward, if there's some sort of natural
event that affects you, that that I mean, that's not
covered in the day.
Speaker 3 (02:15):
Has it disclosed material risks anyway? That I mean Turners
is a great example, like the auction cars. What is
is not going to get too hot for cars? I
get that for an energy company with which this will
be disclosed anyway, because if it's a material financial risk,
this is just disclosures for the sake of disclosures. Because
for an ideological ram rate.
Speaker 4 (02:38):
Yeah, I think having having not yet seen the having
having not yet seen the evidential basis for changing the threshold.
You know, I can't comment too much on the government's
justification for it, but at the very least, if I
were an institutional investor, I would want to be able
to properly quantify all the rest and a better way
(03:00):
of doing it. I think there's a better way of doing.
Speaker 2 (03:02):
What I'm seeing here, Jordan is that there is an increase,
there is an increased intolerance of climate nonsense like this,
what's going on in the world? Why why have we
got these the nets era banking alliance blowing up the
insurance version.
Speaker 3 (03:15):
We have a generation of bs from politicians saying, oh,
look we're going to get green jobs. You know, we're
going to We're going to ban oil and gas and
be richer and consumers can see straight through it that
we're paying that energy prices have gone up one hundred
and fifty percent. I actually would put to you it's
a real risk for Hopkins next year because they will
(03:36):
be that National Party will be hoping that they go
and continue to ban that oil and gas, and all
they have to do is remind New Zealanders can you
afford them again?
Speaker 5 (03:45):
Yeah?
Speaker 3 (03:45):
And the last time they didn't rely on the greens,
you know, they banned We can say, well, you know,
it's a bright future.
Speaker 5 (03:50):
Don't worry.
Speaker 3 (03:51):
We're gonna it's going to be solar and winded. You
know what, We're going to create green jobs. The Emperor
has no clothes, totally have realized that.
Speaker 2 (03:58):
Okay, but I want your take on this, Jack. So
is it now that the emperor has no clothes and
we can see through the screenwashing nonsense and all the
other just that the absolute bollocks of the whole thing.
Or do you think it is simply that the world
has shifted slightly, right, there's an intolerance for it. As
soon as the world shifts left again, it's back.
Speaker 4 (04:16):
I mean, my general sense with politics and culture is
that there is a bit of a pendulum of sorts,
so things teen to swing back and forth and then
and generally settle in the middle somewhere over time. So
I think that's probably component. I mean, it's interesting that
we're having this conversation. As you know, ten minutes ago,
I was looking on my screen of a person literally
(04:36):
being blown into the into busy traffic and Welbington crazy
crazy weather.
Speaker 2 (04:44):
That happened to my dad in the seventies.
Speaker 4 (04:47):
We yeah, well, the frequency, the frequency with which we
see extreme weather events is obviously increasing. It's curious that
we should have this conversation.
Speaker 3 (05:00):
From extreme weather events than ever like this is the negativity.
Speaker 4 (05:07):
That's That's not the question though, is the frequency of
extreme weather events increasing. What's what's happening to migrant flows
from or what they're being driven because last I checked,
Europe is being overrun by migrants, many of whom are
being pushed out by a warmer.
Speaker 3 (05:24):
In Europe.
Speaker 4 (05:25):
Climate Europe absolutely, absolutely, the two things a link. If
you think Europe faces a challenge now with some of
the authoritary in leadership, try again in fifty years when
you have millions more people coming from one of the
most densely populated parts of the world desperately trying to
find themselves in the cooler climates so they can actually
have prosperity in them more people do not.
Speaker 2 (05:49):
We're going to stop then or not because I am
not fascinated by it. I am, but there's heaps more
than we have to talk about, and we're run out
of times.
Speaker 5 (05:56):
That's what we started.
Speaker 2 (05:57):
We'll come back and just to take.
Speaker 1 (06:01):
The huddle with New Zealand Southeby's International Realty, the global
leader in luxury real estate.
Speaker 2 (06:07):
You're back with the huddle. We've got Jack taym and
Jordan Williams. Jack, are you surprised by that support for
the mega strike?
Speaker 4 (06:13):
I am, actually a little bit. I think the unions
are walking a fine line here personally, and this is
based only on kind of vibes at the moment, and
that I just think so many people across the private
sector are going to say, and the public sector are
going to say, you know what, I haven't seen a
massive improvement of my wages in the last couple of years.
My pay rises have all been behind inflation. You know,
(06:36):
my conditions haven't materially improved. And the fact that I
now have my children out of school for a day
is really frustrating, and if the fact that my operation
has been delayed yet again is really frustrating. So while okay,
maybe they enjoy the majority public support for tomorrow, like
I say, I think it's I think it's a delegate game,
(06:57):
and I think the government feels much the same as
evidence by Judith Collins, Open Leader and comments from Simmy
and Brown and them.
Speaker 2 (07:04):
Yeah, what do you think, Jordan?
Speaker 3 (07:06):
I agree with Jack, I mean, yeah, but bang on,
I almost want to know. I'm going to do it
in a shout out, like my little girl's primary school
is not closing tomorrow, and a lot of our friends
kids don't have school. And I'm so appreciative, although I
do your producer was telling me that the weather is
seeing all the actual turnouts.
Speaker 2 (07:24):
Yeah, they're doing the rallies.
Speaker 3 (07:26):
The sleeping in the long weekend, doesn't it. But I
can I can tell you exclusively that despite PSA education,
INSI education, it's PPT a celery medical speech. With all
these unions that very unfortunately, the textposer Union is not
on strike.
Speaker 4 (07:44):
Do you know what?
Speaker 2 (07:44):
Can I tell you?
Speaker 5 (07:45):
Though?
Speaker 2 (07:46):
When you guys first set up, we have family members
who are very very left, and one of them was
so angry at you guys for taking the union label
like it was visceral.
Speaker 3 (07:55):
How angry there was the Farmer's Union in the UK.
I mean I also found at the Free Speech it
is an actually to speak.
Speaker 2 (08:04):
About the Free Speech Union in a minute. Thanks for
reminding me, Jack. How do you cook a sausage? Best way?
Speaker 4 (08:09):
Barbecue? No doubt. I think if you're cooking it enjoy,
you're in trouble.
Speaker 3 (08:16):
Jack, Or are you a proper charcoal?
Speaker 4 (08:19):
I'm a gas barbecue man, although it depends if I've
got the Persian. If I've got the Persian and laws
around there, we are a charcoal. We have it, and
we have we go one step further there you go,
we go charcoal. Sometimes the Persian and laws are around there,
you go. That's the way to that is.
Speaker 5 (08:33):
That's what do you reckon? Jordan?
Speaker 2 (08:34):
How do you cook your snacks?
Speaker 5 (08:36):
Uh?
Speaker 3 (08:37):
Well, I've had this issue course quite the debate in
my office because there's a few Brits and they insist
that the pork what you've been through into British sausages
is not correct because they insist that actually in Britain
it's more around pork sausages, whereas we default to the beef.
Speaker 5 (08:53):
And so they argue that you need sauce. And that
led into the bat because tomato sauce. As you know,
the half is I'm extremely lucky, except because these these people,
they walk among us. She has ketchup instead of tomato sauce.
Speaker 3 (09:10):
I find what difference.
Speaker 2 (09:15):
I thought it was just the Americans called a ketchup, and.
Speaker 3 (09:17):
We know it is significantly different. The best is what
what what you get in Berlin with the carry verse
and that delicious sort of mail and weird you know
what it is, which is so.
Speaker 5 (09:29):
Happy right now?
Speaker 2 (09:30):
Look at her face, Hey, thank you very much. Okay, well,
so now we're going to find now we've got an
issue with the tomato sauce and the ketchup. That was
Jordan Williams and Jack Tammer huddle this evening.
Speaker 1 (09:38):
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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