Episode Transcript
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Speaker 1 (00:09):
You're listening to a podcast from news Talk, said B.
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Speaker 2 (00:24):
The Rewrap there.
Speaker 3 (00:26):
Welcome to the Rewrap for Thursday. All the best that's
from the MI casting breakfast on news Talk, said B.
And Acilia package, I am glen Hattan today. Why so down, everybody?
What's with all the pessimism? What is a typical work day? Now?
(00:46):
Luxon is rank? I mean sorry, Luckson's ranking. Wow, this
is ranking is pretty ranked. And then we'll finish up
by packing up the mountain. But before any of that,
we have ladies and gentlemen, a new Reserve Bank governor.
Everything's fine.
Speaker 2 (01:06):
The Reserve Bank appointment is not to be undermated. We've
never had a foreigner, well, we had. The first was British,
but that was in nineteen thirty four. And that's the
sort of thing you would have expected. I would have thought,
given colonialism, obviously, the fact she's female should not be
a thing. I think we've seen plenty of examples that
essentially women can do and do do anything, and rightly so.
And the more we continue to isolate our appointments on gender,
(01:28):
the more we remind ourselves how little in our minds
we've moved forward. But the fact we seem to have
attracted what they suggested was a good line up both
numerically and in talent from offshore is a good tick
for this country's reputation. I would have thought Bremen may
well use this as a springboard to big banks. Who knows,
but moving your family halfway around the world is no
small thing, and you've got to believe that the place
(01:48):
you're landing isn't a dump and you can make a difference.
Small point. I don't think I'm reading too much into
the Willis comments at the press conference yesterday when she
said Christian Hawksby had done an admirable job. Admirable is
that glowing? I don't think so. He applied for the
job sadly given his proximity to Adrian Or he didn't
stand a chance and he's now off. And that in
part may I played a role in someone from outside
(02:10):
the joint getting the gig from Sweden. You've had nothing
to do with what has been a hopeless time for
the bank, riddled within competence and secrecy. Bremen says, our
bank is widely and highly regarded. If I take her
at a word that's reassuring, but you can equally suggest
she would say that, wouldn't she. What I'm interested in
is whether she can get a grip on the country
and its economic culture. I remain convinced that at least
(02:32):
part of the reason the RB have missed the recovery
up so badly is they don't get out of Wellington.
There are too many spreadsheets and done enough real world,
not enough vibe, not enough on the ground readings. I
mean it's a challenge for a Northern European to soak
up something like New Zealand and get a gut feel
for it. I mean, flip it. How long would it
take you to suss the subtlety of Sweden? But given
(02:53):
we are where we are, she starts from a low base.
Of course, the only ways up. So let's hope she's
a rock star.
Speaker 3 (02:59):
Yes, well, can't do any worse, you would hope. I
was talking in my other podcast news Still said, been
very very good podcast going listen to this morning about
how we've just been come to obsessed with the Reserve Bank.
(03:19):
I'm kind of over it now. It wouldn't be nice
if we just didn't care about what they were doing
and didn't really pay that much attentions so rewrapped. So
wonder we've ended up being So it's domestic about everything.
Speaker 2 (03:30):
Pessimism, it is all around us. The west Pac McDermott
Miller employment confidence survey yesterday, what can I tell you?
It's improved good, up one point one, but it's sits
tod eighty nine point nine. This is for the three
months to September, so that's understandable. That's what we've just
gone through. In other words, winter eighty nine point you
need one hundred to be positive. Unemployment is expected to
(03:52):
edge highest still five points currently sitting at five point two.
It'll go a little bit high. Two thirds find it
hard to get a job, that's what they're telling us,
especially worrying for those under thirty and over fifty. A.
Confidence was low in most regions' weakest in Northland, strongest
in Southland. Obviously. Private sector employees confidence is up six
point six percent to ninety one point six. Now that
(04:12):
is a real number and that is encouraging. Public sector
employees are down two point one to ninety four point one.
Probably not surprising, but that private sector. If you're feeling
better about yourself. That means the green shoots might well
be real.
Speaker 3 (04:26):
Green shoots, green shoots, green shoots. Have we never had
green shoots before either, have we? This is relatively new phenomenon.
Everybody talking about green shoots all the time. I think
they fed all the green shoots of the cows. Going
by fon Terra's result today rerap right in the wake
of yesterday's changes to the what is it the holidays
(04:50):
than the sick league and all of that, a lot
of people are wondering what is a sort of an ordinary, regular,
everyday working day.
Speaker 2 (04:58):
Got an answer yesterday raised on the program, this time
by one of the people on the show questioning the
holidays slash Sickly changes announced by Brooklyn Velden Wednesday. He
wanted to know, you know, an ordinary working day. What
does an ordinary working day mean? Good question? So we
went to a r office. So if it's in the
employment agreement or based on a set pattern of work
that takes care of that. If it's not in black
(05:20):
and white, then a worker listen to this, this is interesting.
A worker must have worked that day of the week
that the public holiday falls on for seven out of
the preceding thirteen weeks, or approximately half the last quarter,
so you can allegedly work it out.
Speaker 3 (05:34):
Can you. Yeah, that sounds complicated. I mean my ordinary
working day starts when my alarm goes off at two
fifty am. I get home around mid morning, and then
I do some more work at home. So does that
(05:59):
fit into any of those categories? Does anybody work in
an ordinary working day? It's a rewrap it you imagine
if you're the prime minister. How does that work? When
you're the prime minister? It works in pretty weird hours
as the prime minister day.
Speaker 2 (06:12):
Yet was I feeling slightly sorry for our prime minister
lunchtime yesterday? Perhaps a little there? He was another stand up.
He does won most days, by the way, a non
sitting weeks, and as I keep saying, they are well
worth watching. You get detail and nuance that you never
hear in a news bulletin. He's out at the airport
more high vers, being peppered with questions ranging from decent
to a name. His boardroom numbers came up. He said
(06:34):
he was the captain of the team. He didn't look
or sound and battle to me, which he shouldn't be
by the way. The deal made of the deal made
yesterday is but a twenty four hour blip in an
ever diminishing news cycle. Must be hard, I was thinking
to myself, must be hard getting at most days in
some way, shape or for me. Has He has to
feel a bit cheated that the year of growth has
not turned out that way. Although let's be honest, Q
one was fantastic if you remember, and we haven't even
(06:56):
got qes three and four, so maybe he'll head into
Christmas feeling half decent. Luxon seems to suffer from a
couple of things. I was thinking to himself, yesterday afternoon
won the economy and its lack of fire is on him.
It's on him. That's fair enough. But two, we haven't
warmed to him basically, have we. We don't dislike him,
but he's not John Key, and I think in that
that's really the number it. Most leaders, let's be honest,
(07:18):
are not like us. In my life of political awareness,
hardly anyone actually catches fire. Longie. We loved for a
while funny one liners, the fat guy who drank Coca
Cola raised cars. But Shipley and Bulger and Clarke, they
were competent, but we didn't really love them. Did we
Key was generational? This is the problem. He was a
generational talent and it's still haunts national especially given he
left on a high and we never learned to get
(07:40):
sick of him. Adune was a talent as well, and
fifty percent of New Zealanders and voting for it in
twenty twenty had fallen under the spell sucked and good
by one of the greatest political con operators of the
modern age. She polled, well, but what did you get? Eh?
Do you want window dressing or do you want results
for a country that doesn't actually vote for a prime minister.
We seem to have tried to turn it into a thing.
(08:01):
I mean the op ed Steers can probably give the
leadership rumblings bs arrest as well. Hipkins and Luxon will
lead their parties to the election. No one is going anywhere.
The upside for Luxen is when this place turns, and
it will, the good days will arrive, and when his
numbers rise with it, he will enjoy the success more
given success is best tasted after a few bad days
(08:23):
to keep it real.
Speaker 3 (08:24):
He was unnecessarily dismissive of Helen Clark's reputation as a
as an operator I think people held her in quite
high regard. I've told the story before, so if you've
heard it, could fast forward a couple of seconds. But
I remember being at the Special Children that's the Christmas
party one year, and not because I was a Special Children,
(08:46):
I was helping, and yeah, Helen Clark was there, and
I think she must have shook the hand of everybody
in the room and had a like a genuine conversation
with every person, which is pretty cool, Helen Clark. Maybe
that's just me a rerap. Right, let's finish. There's something
(09:08):
which is this going to be another big debate that
you catches by during the week, not if Mike Husking
has anything to do with it.
Speaker 2 (09:15):
Not against doc. I note they're looking to put a
parking meter or two in at Mount Cook seven months
trial from this December to June twenty five a day
ten dollars annual pass for locals with unlimited access, sixty
dollars annual for regular visitors living outside the Mackenzie district.
Free parking for twenty minutes so you can drop the
people off if you want to. They reckon. They'll generate
(09:36):
one and a half million dollars of revenue. Payment machines
are going to be installed, Cameras record the entry and
the exit parking company hands out the notices. Why wouldn't that?
Why am they done that years ago? For goodness sake?
Revenue generation? For doc Last time I Mount Cook, they
threw me in a plane and they said we're going
to go skiing. And that wasn't bad because I happened
to be a skier at the time. But they took
(09:57):
me up onto the glacier and it occurred to me
as we were flying up to the glacier that I'd
never skied on a glacier before, and this might be
quite problematic.
Speaker 3 (10:06):
Sounds quick, No, wasn't.
Speaker 2 (10:08):
And then the story It was knee deep and I
mean knee deep powder snow, and knee deep powder snow
basically means you don't go that fast. And I was
incredibly grateful for that, because I think if it had
been a bit slick, I would have wet my pants.
Speaker 3 (10:22):
But at the very least, when you go skiing, you
in that with wet pants, anyway, don't you. Then I
do have this great mental image now of the husk
careening your career or Korea down an icy slope whichever
(10:43):
of those is the correct one, maybe both of them
at the same time, with no ability to stop because
he's on a frictionalless icy surface. Yeah, that would have
been fun to seeve. Perhaps shame it never happened. I
a glad heart. Let's pretend this never happened, and then
it won't happen again tomorrow. I'll see you then.
Speaker 1 (11:08):
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