Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:09):
You're listening to a podcast from News Talk sed be
follow this and our wide range of podcasts now on iHeartRadio.
Speaker 2 (00:25):
Rewrap there and welcome to the Rewrap for Thursday. All
the best, but's from the mic hosting breakfast on News Talks.
It'd be in a sillier package. I am Glenn Hart,
and yes, it's Heather's penultimate day on the show for
the time being. And she wanted to talk about how
the electricity supplies looked for the next winter. Now they
were pretty much through this winter. The PPTA having a conference.
(00:52):
We'll have a look at what's on the agenda there
and we'll wrap the VP debate or the perspective VP's
debate from yesterday. Before any of that, man, Heather was
into the mood of the boardroom today. She was obsessed.
Speaker 3 (01:07):
Okay, so mood of the boardroom on Christopher Luxen. So
people quite liking Christopher Luxen. The thing that the CEOs
and directors are liking the most about him is basically
his ability to keep the cabinet focused on doing their job,
so focused on delivery gets some four point three out
of five. Leveraging his brand for New Zealand gets some
three point nine out of five. Builds confidence with business
three point seven six, et cetera, et cetera, all the
(01:28):
way down to the one that he scores the worst
on is political performance as Prime Minister, which is three
point three eight of the CEOs and so one who
asked about it, just seven percent of them rated him
as very impressive on this KPI and according to The Herald,
this was the lowest ranked of the nine KPIs rated
by survey respondents. The problem for him is basically that
(01:50):
he isn't very experienced. Is he in politics much more
experienced than business? You kind of see that coming through here.
Morrison CEO Paul Newfield says that he was part of
watching luxe and overseas talking with high profile investors. Apparently
the investors loved it, love the fact that Prime Minister
comes and that he's open and genuinely asking them for
advice and input and so on. Problem for him on
(02:13):
the politics front is a key lobbying firm head says
his style isn't warm like John Key or Just Cinder,
and several CEOs are concerned about the tone from the top.
Still stuck in negative election mode, seems to have forgotten
who the opposition is. But overall he'd be pretty pleased
with that, I think. I mean, if his job is
to if he's the prime manager, that's what he wants
to do. He's getting four point three on that, and
that's not bad.
Speaker 2 (02:33):
Most of us have forgotten who the opposition is, given
that they've got very little mandate these days, given what
happened in the election. Anyway, we wrap yeah here, there's
definitely a lot more interested in the mood of the
boardroom than I don't know, some people people like me,
for example, are But I suppose CEOs and directors influential
(02:57):
in business and that's important.
Speaker 3 (02:59):
I suppose, yes, So the mood of the boardroomer case,
CEOs and directors were asked what they're most worried about
for New Zealand. The domestic issues at the moment. Number
one are and away. Number one, energy price increases, then
the cost of living, then security of energy supply, then
interest rate levels, then cyber threats, rising insurance costs, and
the reserve bank management of the OCR. Now you'll notice
(03:21):
there that a couple of them actually duplicate pop up twice.
So energy, the supply of energy, and the price of
energy is there at number one and number three. So
that is a very very big worry for business, and
you can understand why, because you can't do business if
you can't afford the power, or if you don't know
whether the power is going to be on. And already
we've had a few mills around the country closing as
(03:42):
a result of that, or at least in part as
a result of that. And you'll notice the ocr and
the Reserve Bank have popped up there twice as well.
And feels like the message to adrian Or is not
loving what you're doing. Get onto bringing those rates down.
Speaker 2 (03:54):
Yeah, it's my understanding that some of the CEOs and
directors wanted to put down adrian Or for multiple times,
five times if they could. Doesn't quite work that way.
The other common thing that they send to be worried
about was this electricity supply, that that little thing keeping
the actual lights on. But no worry. We're through winter, now,
(04:17):
what can possibly go wrong from here?
Speaker 3 (04:19):
Listen, here's the forecast from Transpower. It's not looking good
for next winter unfortunately. And you mayracle we've actually managed
to get through this winter, okay, but there were some
concerns about whether we were going to have blackouts and
stuff going to be tight again next winter. On the powersplot, well,
I say that we're okay, we didn't have blackouts, but
then we did have to shut down part of ty
(04:39):
shut down a bunch of mills, shut down methodics to
make it through. So actually, come to think of it, it
was a bit of a disaster the winter. So we're
basically in the same position next winter. We are going
to have fortunately a little bit of capacity coming on.
So two hundred and fifty megawatts of new generation is
supposed to be commissioned, and two hundred and ninety watts
of megawats of new generation is expected to come back
(05:01):
from long term outages, So that's five hundred and forty right,
But then we lose some so contact Stratford generator is
going to go down for decommissioning, so that takes out
three thirty megawatts. That leaves us with a net gain
of two ten megawatts. Then of that, two hundred and
five megawatts would be what the ty Point aluminium smelter
(05:21):
take from Meridian that's been taken off the grid at
the moment that's going to come back on, So two
tens two five what does that leave you with five
megawatts net gain? Now add in to that the fact
that gas has been falling every single year, so you
could probably say that once you take the gas out
of it, we've got enough gas to go around. Do
we end do we still have five megawats? Do we
have none? Do we end up in the negative territory?
(05:43):
We're going to be burning the cold. That's basically what
you need to know is when we turn the lights
on next winter, we're burning the coal to be able
to do it.
Speaker 2 (05:50):
Sorry Planet, nice knowing you. Um yeah, I just feel
like if we could just attach Mike Hosking's stationary bike
up to the main grid, things that go a lot
better for us. Charge things out just in time for
that for that peak time in the evening, you know,
(06:11):
because he's gone to bed by then rewrapped.
Speaker 1 (06:14):
Right.
Speaker 2 (06:14):
So the p p t A. They've been in the
news over the last couple of days because they've you know,
some of them like some things that are going on
with the new curriculum and others dome same old Sam.
But what are they what are they really going to
be focusing on at their conference? That's what that's what
we want to know.
Speaker 3 (06:31):
PIPTERA has got their annual conference on at the moment,
and if you have a look at the conference papers,
this is on Kiwi blog today. Laid out what's going
on with the conference papers right because it gives you
an idea of what they're discussing, what they spent the
conference discussing on, what their priorities are. This is it.
Number one, Remove all references to gender from their constitution
and replace sihi with they. Number two, replace all references
(06:54):
to the Treaty of White Toungy with or white Tongey.
Number three lobbying for taxpayers to fund Queer community liaison
roles in all schools whose jobs will be to campaign
for Queer angatahi and their rights. Number four p PTA
to become a peace organization and lobby the government on
foreign policy. How about you teach the kids' maths first
and then you start getting involved in the Middle East.
(07:15):
Change the name of the Canterbury region for PBTA to
it's Martin name, Hut Valley region, same West Coast region,
same cool. I mean, maybe when they finished with all
of that, they can think about how to get those
math grades. Are they not a priority? But if you
just sloth that in as the last thing in the
conference paper be handy.
Speaker 2 (07:31):
I we all mention of the arts and there as well.
I notice, hate to sound like a broken record. I
seem to be the only one who mentions that these
days we're still doing that or not so much.
Speaker 1 (07:44):
The rewrap.
Speaker 2 (07:45):
Finally, let's have a little look back at yesterday's debate
between Tim Weals and jd Arns. Do we get distracted
by things that perhaps don't matter as much as actual policy?
Speaker 3 (08:02):
So the VP debate yesterday between JD. Varnes and Tim Waaltz. Now,
I'm going to run you through the aftermath, the wash
up of that rather right the debate. If you watch
the debate itself, what people really liked about it? This
is the American people in particular who really matter in
this is that it was civil for the most part
and focused on the issues. Jadie Vance has been regarded
as a smooth operator who performed better than he had
(08:23):
at his rallies or his previous one on one interviews.
Widely accepted that Tim Waltz had more gotcha moments, particularly
the non answer moment right about the January sixth Capitol
right and whether Trump had lost the last election. Jadie
Vance didn't want to answer those questions, and he called
it a damning non answer. But he was also seen
as a bit wobbly and unsteady at times, and as
(08:44):
was pointed out to me, had crazy eyes. Now I
didn't realize this. Look what are you talking about? Somebody
said it was actually Ryan this morning set. Have you
seen his crazy eyes when he had that? Look at
a photo, wild wild eyes. When you see that, you're
not going to unsee it. The civility was appreciated very
very much. They shook hands, they shook hands with the
moderator and so on. Of they were very nice to
each other. But the polls are what really mattered. But
(09:06):
it's widely accepted Jade Vans one. Both the CNN and
Fox News polls had Vance beating Waltz fifty one forty nine.
A CBSU Gov poll, and remember CBS were the ones
who actually hosted the debate, Hadvance on forty two percent
Waltz on forty one percent, seventeen percent saying it was
a tie. People liked both candidates more after seeing them
before the debate. Waltz had a favorable view of fifty
(09:28):
two percent of people that went up to sixty percent. Afterwards,
jd Vance his numbers went from forty to forty nine percent.
On balance, you'd have to say jd Vance definitely edged
it and just But when eighty eight percent of watcher
say the debate was generally positive versus twelve percent saying
it was negative, maybe it was just that they liked
that it was a good day for American politics for once.
Speaker 2 (09:48):
How about that eleven saying it comes down to the eyes,
isn't it? Because I hear what you're saying about the
crazy eyes. But then Vance's eyes are also weird. He's
got that whole sort of permanent miscara lot going on.
He was sort of like you, somehow related to Alice Cooper.
Speaker 3 (10:02):
There's also that, but there's I thought he had a
sort of like I think he has quite piercing eyes,
which can be they can cross over to quite evil,
can't they? Like it's quite He's got sinisterized, isn't he.
It's not to say he's a sinister person. It's just
got sinister eyes. Like you'd be unnerved if you sat
across the dinner table from him and he stared at
(10:23):
you for an hour.
Speaker 2 (10:23):
Wouldn't you so, yeah, I don't know. I don't know
who's going to come out on top of them with the
eye game there, inc Do you.
Speaker 3 (10:30):
Like the vain guy who likes to put makeup on?
At least that's how it looks all, the one with
the crazy eyeballs.
Speaker 2 (10:35):
I mean, ideally, we just get them to settle things
once and for all with a steering competition, and whoever
looks away first as the loser. Although I do worry
if whilst's eyes are as crazy as here, there are
alleges that you won't really be able to tell which
way he's looking. Maybe that's an advantage, maybe it's a disadvantage.
(10:59):
I don't know, but you, like I say, the issues
really matter in that in that election. I am Glen Hart.
That was the rewrap. We'll be back with his final
will go this time around Tomorrow's evening Red.
Speaker 1 (11:18):
For more from News Talks at b listen live on
air or online, and keep our shows with you wherever
you go with our podcasts on iHeartRadio