All Episodes

February 10, 2025 10 mins

Christopher Luxon admits the Government has work to do following its latest slide in the polls. 

Both the latest Taxpayers' Union-Curia poll and the 1News-Verian poll show the left bloc would have the seats to form a government. 

Chris Hipkins is also gaining ground on Luxon in the preferred prime minister rankings. 

The Prime Minister told Mike Hosking the results are a sign of how Kiwis are feeling. 

He says people are facing a tough economic time, and they want the Government to resolve that situation for them.  

Luxon's also rejecting Labour's calls for David Seymour to be removed from Cabinet. 

Chris Hipkins is calling for the Act Leader to be removed as a minister after he drove a car up the steps of Parliament at a fundraiser without the Speaker's approval. 

Seymour's also come under fire for writing to Police, advocating for Philip Polkinghorne, who went on to be charged, then found not guilty of his wife's murder. 

Luxon told Hosking he's responsible for all ministers in the Cabinet and their conduct, and he's very conscious of that. 

He says Seymour's letter to Police wasn't a breach of the Cabinet manual, as it happened before Seymour was a minister or in government. 

LISTEN ABOVE 

See omnystudio.com/listener for privacy information.

Mark as Played
Transcript

Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
The Prime Minister for this Tuesday morning, Christopher Luxan is

(00:02):
with us. Good morning, Good morning, Mike. How are you
very well? Indeed, thank you? Do you and David Seymore
need to step outside for a while. There's something brewing.

Speaker 2 (00:09):
There, no, Look, small parties will always been trying to
get some media attention.

Speaker 3 (00:14):
It's politics. But I, frankly spend little time thinking about what.

Speaker 2 (00:17):
David does with his letters and his jeeps. We've got
a big job to do. We've got to get focused
on the economy.

Speaker 1 (00:21):
So this seems to be the problem. Do the media
understand that because they keep asking you about these things
and you keep trying to side step it. Probably correctly so,
but they can you if you wanted to sack David Seymour.

Speaker 2 (00:35):
Well, I mean, I'm responsible for all ministers in the
cabinet and their conduct, you know, and so I'm very
conscious of that. There's been you know, in respect to
the letter conversation, there's been no breach of the cabinet manual.
Happened before he was a minister, happened before we were
in government. But look, I mean, you know, as I've
learned in four years, you know, this politics game is
a different game, And you know what we're focused on

(00:56):
as a government is making sure we've got a big
job to do. I mean, like, honestly, I wake up
morning going how much how can I not get stuff
done yesterday? I mean, like, we've got a hell of
a lot to do, and so yeah, look some of it,
you know. So frankly, you know that's what I'm focused on, Like,
give you a little time.

Speaker 1 (01:09):
Okay. So the polls I don't want to dwell on
because I know what your aunts will be. But there
are now three poles, two of them have a change
of government. That's telling you something, isn't it.

Speaker 2 (01:18):
Surely it's telling us that for New Zealanders it's a
really tough time and they're going through a lot of
economic pain mic and they actually want us to resolve
that for them.

Speaker 3 (01:27):
And that's what we have to do. That is the
reality of it.

Speaker 2 (01:30):
And I'm telling you, if you think about just the
last eight weeks since we came back to work, we've
been flat out going at it, and we've been talking
about saying everything has to be about growth. Why because
that's actually how key is going to get ahead. They
have more money in their pocket, that's how they power
up the economy. So look, I get it a tough time.
We've got to focus on the economy and we've got
to show you by twenty twenty six that actually they're

(01:51):
better off under this government than they would be under.

Speaker 3 (01:53):
The last lot.

Speaker 1 (01:54):
Okay, so I suggested to you last week you might
be running down a runway. We had Rod Duke of
Briscoe's on the program other day. Here's what he said.

Speaker 4 (02:01):
And I think they will be marked seriously if in fact,
by say into March, we don't see some serious initiatives.

Speaker 3 (02:11):
Is he right? Yeah, Look, I mean I think he's
bang on. I mean, there's been some encouraging signs.

Speaker 2 (02:16):
As we've talked about before around inflation and interest rate,
tax relief rising, good levels.

Speaker 3 (02:21):
Of confidence business, consumer, farm, and all that good stuff.

Speaker 2 (02:23):
But it's exactly what I was just saying, we need
to get this economy moving, and you know it is there,
you know, some green sheets. I mean I saw, you know,
Brad Olsen saying by the end of the you know,
by the end of the year that we forty five
million dollars extra week in Kiwis pockets to spend in
the economy. That's all good stuff. As interest rates come down.
But we've got to keep taking barnacles off this boat
and actually get it moving faster. And people have to

(02:44):
understand economic growth is everything, because that is actually how
we get kewis to be able to get ahead. That's
how we make sure our kids have a future here.
That's how we get the better public services and standard
living that we will want. And we have had some
long standing problems for thirty years about what we call
economic productivity, and that's what we're focused on, is like,
and that's what you're saying, you know, invest New Zealand.

Speaker 3 (03:03):
We've got to invest. A summit coming up. We've got
fast track hit last Friday.

Speaker 2 (03:06):
We've got trade deals, investment treaty deals that we just
did in the UAE. You know, we've got a rolling
thunder of constant announcements to remove bark Road.

Speaker 1 (03:18):
We've got a rolling funder. Sam Sam Stubbs is going
to be at that aforementioned summit. He was on the
program earlier and I thought he made a very good point.
He says, why aren't you dealing with local money better
than you are as opposed to bringing an offshore money?
So answer that one first. His second part of his
question is offshore money needs too many incentives and too
many backhands.

Speaker 2 (03:38):
Like first point, as it's an ad we want to
be able to use simplicity, super fund acc other big investors,
domestic investors, domestic pools of capital. You know, Sam's done
some good thinking around for example Bell to Rent, you know,
all that good stuff. So we're up for Sam's involvement
and investments.

Speaker 3 (03:55):
He's a good guy.

Speaker 2 (03:55):
He understands what's going on and is part of the
future what we need, but we also need for on capital.
The second thing I'd say is I disagree with that
assessment we have. I spent the last year my going
around everywhere I go into now so I spent two
hours talking to potential.

Speaker 3 (04:10):
Investors why to see what their appetite is for.

Speaker 2 (04:12):
New Zealand and the bottom line and the message everywhere
I've gone is look, I'm open to New Zealand. I
just didn't know what you've got down there, and I
didn't feel you had a government that actually welcomed my
money and said thank you for coming here. And that's
evidence by our low ranking and the OECD.

Speaker 1 (04:26):
Well, I hope you're right. But what he gave the
example of there are research institutes in Ireland run by Huawei.
We don't like Huawei because we're suspicious of the Japanese.
You've got to pay them. They want incentives, they want money,
they want Are we ready to do that? Is that
what you're aiming to do?

Speaker 3 (04:43):
Honestly, there is a world awash with so much cash
but with strings attached. No.

Speaker 1 (04:49):
No, they're not coming here because they love us Christ,
but they're coming up to do business and get a
return on their money. What's the return and what are
you prepared to give away for it?

Speaker 2 (04:57):
Well, that's what they want to see and that's at
the moment don't even know what the investment opportunities are
in New Zealand. And that's why we want to have
the summit with one hundred people for two days and
I'll be there the whole two days making sure they
understand that there's lots of opportunities for them to invest
here in New Zealand. They invest in infrastructure in other
parts of the world, but they don't do that here
in New Zealand. They invest in partner with other local
companies to make knowledge transfer and international connections and bring

(05:20):
some of that skill as well as the cash to
help them power up. So you know there's I think
we've got along. You know, we actually just have to
get share of mind of these investors, which we've failed
to do over the last six years. And I see
it as a really important part of our economic growth planner,
getting investment into the country.

Speaker 3 (05:37):
We've got capital shortages.

Speaker 1 (05:39):
Did you see Jamie Beaton's peace in the Herald yesterday?
I didn't, actually right, So he runs Crimson. He's a
very bright young man. I did a lot of time
for his argument is that we need to make Auckland
University top fifty in the world, and apart from anything else,
there are countries that recognize top fifty universities as being
our thing. Is that and essentially he is arguing we
need to go out give people licensed to recruit. Dramatically,

(06:02):
they're all liberals at universities anyway that love New Zealand,
park them there, get them to run their programs and
bump Auckland up to the top fifty. Is that possible
or is that pie in the sky?

Speaker 3 (06:12):
Look?

Speaker 2 (06:12):
I think we want to be improving our academic institutions.
That's partly why I put Shane Ritti on universities, but
also the science technology innovation area. When you go to
other universities around the world, those lecturers are often millionaires.

Speaker 3 (06:25):
Why is that because they actually get to.

Speaker 2 (06:26):
Participate in the commercial work that they or the R
and D or the science or the inner research that
they're doing. They commercialize it and then they bring the
money back into the universities and build better programs and
attract more researchers and better staff and better lectures all
around the world. So that's exactly what we're trying to do,
which is, you know, I've got to get people out
of the ivory tower of sort of academic research and

(06:46):
actually be able to commercialize that, build great businesses off
the back of it, and actually participate in that wealth creation.

Speaker 3 (06:52):
So that's quite normal.

Speaker 2 (06:53):
You can have academics leading great programs and science innovation
around the world at universities, but they participate in their
entrepreneurs as well. And that's what We've got to free
the system up so that it actually there's more connectivity
between business and the universities.

Speaker 1 (07:06):
And most other bit of reading you want, you won't
have seen Gip Nightingale suggestions in the Herald this morning.
Have you seen those for tax by sorry, I haven't
provide tax concessions to those involved in the building of
nationally significant infrastructure. Is that a possibility or not?

Speaker 2 (07:18):
Well, as you've heard Nicholas say, you know, we've got
a range of tax things we're considering as part of
a growth budget for May as I say, I don't
like my rolling thunder analogy, but watch this space every time.

Speaker 3 (07:29):
We're just trying to do stuff, so there's more more coming.

Speaker 1 (07:32):
A secondly, approach taken from employees who receive shares in
the company they work could be changed. Rather than apply
tax to a portion of the value of the shares,
the point of paying tax be deferred. Is that a possibility.

Speaker 2 (07:42):
Look, I'm well aware of some of the challenges, particularly
if you are an overseas KIWI who's done well and
you want to bring your capital back to New Zealand.
I think Peter Beck and others, are there some tax
rules that we need to look at. There's certainly overseas
people who want to come to the country. I met
some of them on Sunday and we know there are
some of those frustrations or impediments that we've got to
sort of blow away as well.

Speaker 1 (08:03):
Exactly. So this is the fIF regime he's talking about.
This is people with money overseas and tax and stuff
like that. You are open to looking at those sort
of changes. That's the sort of thing we.

Speaker 3 (08:11):
Need them to look exactly exactly.

Speaker 2 (08:13):
I mean, those are the things that, as I said
to you, we're just going to be powering through. And
as soon as we get a decision and we're moving
forward at pace, I know it's I love coming in
your shake Bekers. You always push me hard and say, well,
you should have done yesterday Luxelm. But that's that's how
I talk to my team site as well. But we're
going flat out and every week we just got to
keep doing stuff that gets the joint moving and blocked
and gets unblocked and going fast.

Speaker 1 (08:34):
Well, speaking of unblocking, here's Peter's on the program Friday.

Speaker 4 (08:37):
If somebody is coming to this country like they do
to other countries, bringing you fifty million dollars to invest
in a huge industry and to ensure that we've got
employment with it's no employment now, potential exports with there's
no exports in this area now, then we will look
at it. Certainly that's always been out of you.

Speaker 1 (08:52):
Has it always been his view and is he now
across the line on the houses?

Speaker 2 (08:56):
Well, look, I mean, as I said to you the
other day, we've got our ongoing conversation in that space.
I know, it's a piece of the investment piece where
people you know, who want to come here and invest
in a business might want to buy a house. It's
not the be all and end all and the only
thing that matters. There's a lot of other things, I'd.

Speaker 1 (09:11):
Say, But if you're looking to do stuff to smooth
the path, what better way is there to say, see
the house in Lake Hayes, it's yours, go for it.

Speaker 3 (09:19):
Yeah, And so those are ongoing conversation and in.

Speaker 1 (09:21):
Fact, that's what you said in your speech essentially over
the weekend, wasn't it. You know, people who come here
with money see something, they've got another idea, and they've
got more money, and suddenly they love the place. And
what do you do when you love the place? You
want to buy a house, don't you.

Speaker 3 (09:32):
Yeah?

Speaker 2 (09:33):
I mean that's the thing is like before we had
the restrictive settings from the last lot, you know, we
were getting two point two billion dollars in from these
people in a two year period. Once they're here, they
get to build relationships, networks, they trust the system, they
understand it better, and they then go spend another one
point seven billis exactly the last two years. How much
money drin? Can we attract it from overseas investors? In

(09:53):
your speech, did you yeah, thirteen projects? You know it's pathetic,
So you know, you know this morning people say, oh,
this isn't going to work, and it's like, well, no disrespect,
but we've seen what happened in the past, we've seen
what's happening now, and frankly I want that money. And
is why because actually, everyday kiwis are the winners, because
that's how businesses grow, that's how they get better jobs.

Speaker 3 (10:13):
And high incomes. That's what it's ultimately about.

Speaker 1 (10:15):
Good to talk to you appreciate it. Christopher rolling Thunder Luxeynth.
For more from the Mic Asking Breakfast, listen live to
news talks that'd be from six am weekdays, or follow
the podcast on iHeartRadio
Advertise With Us

Popular Podcasts

Are You A Charlotte?

Are You A Charlotte?

In 1997, actress Kristin Davis’ life was forever changed when she took on the role of Charlotte York in Sex and the City. As we watched Carrie, Samantha, Miranda and Charlotte navigate relationships in NYC, the show helped push once unacceptable conversation topics out of the shadows and altered the narrative around women and sex. We all saw ourselves in them as they searched for fulfillment in life, sex and friendships. Now, Kristin Davis wants to connect with you, the fans, and share untold stories and all the behind the scenes. Together, with Kristin and special guests, what will begin with Sex and the City will evolve into talks about themes that are still so relevant today. "Are you a Charlotte?" is much more than just rewatching this beloved show, it brings the past and the present together as we talk with heart, humor and of course some optimism.

Dateline NBC

Dateline NBC

Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com

Stuff You Should Know

Stuff You Should Know

If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.

Music, radio and podcasts, all free. Listen online or download the iHeart App.

Connect

© 2025 iHeartMedia, Inc.