Latest / Best of Business / Barry Soper: Newstalk ZB senior political correspondent on Anna Breman leaving the OCR on hold

Transcript

Barry Soper: Newstalk ZB senior political correspondent on Anna Breman leaving the OCR on hold · Best of Business

• 0:09
  Speaker 1: You're listening to a podcast from News Talks be follow
• 0:12
  Speaker 1: this and our wide range of podcasts now on iHeartRadio.
• 0:18
  Speaker 2: Reserve Bank Governor Ana Bremen is with us after five
• 0:21
  Speaker 2: o'clock on that split vote. Right now, it's thirteen away
• 0:23
  Speaker 2: from five, and Barry soapers with us.
• 0:25
  Speaker 3: High Barry, Good afternoon. Here the cut of her jip,
• 0:28
  Speaker 3: isn't she great?
• 0:29
  Speaker 4: Well?
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  Speaker 3: I like it because she's introduced transparency into the Reserve Bank,
• 0:35
  Speaker 3: although and I was thinking about it this afternoon, very
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  Speaker 3: shrewd move, because it shows that the Reserve Bank doesn't
• 0:42
  Speaker 3: have to take everything on its own shoulders like Adrian
• 0:46
  Speaker 3: or did. They can sort of shift the blame a
• 0:49
  Speaker 3: bit around a bit, which is what they do here.
• 0:52
  Speaker 3: Because today's decision to keep the case rate at zero
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  Speaker 3: or leave it where it was at two point twenty
• 0:59
  Speaker 3: five three three split the committee that makes the decision. Interestingly,
• 1:05
  Speaker 3: the internal members of the committee, that's those that work
• 1:09
  Speaker 3: at the Reserve Bank, they wanted no change, whereas the
• 1:12
  Speaker 3: external members they wanted the change, and it was on
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  Speaker 3: a brand that had the casting vote. I really like
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  Speaker 3: the transparency because it just shows that the bank is
• 1:23
  Speaker 3: a place where debate goes on about the economy, and
• 1:26
  Speaker 3: I think that's essential when you're deciding. These rates impact
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  Speaker 3: on so many, so many people's lives. So the woman who,
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  Speaker 3: of course has got to deal with all of this
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  Speaker 3: is Nikola Willis. She's got the job to do tomorrow.
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  Speaker 5: Islanders work hard for their money and they expect the
• 1:46
  Speaker 5: government to treat taxpayer dollars with care and discipline. Families
• 1:50
  Speaker 5: across the country sit around their kitchen tables every week
• 1:52
  Speaker 5: making difficult decisions about what they can afford and where
• 1:55
  Speaker 5: they need to prioritize. Government should be held to the
• 1:58
  Speaker 5: same standard. There is an alternative approach where governments just
• 2:01
  Speaker 5: spray the money gone around, borrow more and hope for
• 2:04
  Speaker 5: the best. But New Zealanders have seen where that leads
• 2:07
  Speaker 5: are inflation, interests and ultimately more pressure on households.
• 2:12
  Speaker 3: That's why she's got to deliver a really tough budget
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  Speaker 3: I think tomorrow. I mean this is an election year.
• 2:19
  Speaker 3: The temptation just a few months out from an election
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  Speaker 3: must be great to give away a bit. But I
• 2:25
  Speaker 3: think you'll see in the old traditional areas like education,
• 2:29
  Speaker 3: there'll be something there, although there's been so much for
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  Speaker 3: education that it'll be probably lost in what has already
• 2:37
  Speaker 3: been announced, and I think health will be down the area,
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  Speaker 3: but nothing that interesting. I wouldn't imagine.
• 2:45
  Speaker 2: They didn't start singing in Parliament, did they? Were they
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  Speaker 2: singing in Parliament?
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  Speaker 3: No, they didn't. But tomorrow is New Zealand Music Awards.
• 2:53
  Speaker 3: And you'll remember at last year's Music Awards, Chris Bishop,
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  Speaker 3: when Sam stan Walker was performing at the Music Awards,
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  Speaker 3: had a few bus He was heard saying what what
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  Speaker 3: a loaded crap? He later said it was about the
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  Speaker 3: tetreaty flags on display rather than the music himself itself,
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  Speaker 3: but he had somebody had a gold in one of
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  Speaker 3: our jones to say one of our renowned musicians, Don
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  Speaker 3: mcglesh and had to go god well. Today in Parliament
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  Speaker 3: in the General Debate, Bishop handed his Worst Performance award
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  Speaker 3: at last year's ceremony to wait for it, Yes, Labour's
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  Speaker 3: aishe Verral have listened to him and the other performer
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  Speaker 3: at the Labour suer last weekend. Barbara Edmunds.
• 3:44
  Speaker 4: It's New Zeala Music Month and tomorrow is the New
• 3:47
  Speaker 4: Zeala Music Awards. I'm very happy to see the crown
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  Speaker 4: of the worst New Zealand music performance of all time.
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  Speaker 4: To talk to Aisha Ferral a shocker as I saying
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  Speaker 4: that if it walks like a duck, it sings, in
• 4:02
  Speaker 4: Isha Ferl's case, like a duck, then it is a duck.
• 4:05
  Speaker 4: And the reality is the Labor Party ducking the tough issues.
• 4:11
  Speaker 4: They're ducking releasing policy, and they're ducking taking New Zealanders. Actually, seriously,
• 4:18
  Speaker 4: never mind little X and Billie ray Cyrus's Old Town Road?
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  Speaker 2: Can suri pay? Obsessed by Mariah Carey please again for
• 4:28
  Speaker 2: the third week in a row, the third week in
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  Speaker 2: a row.
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  Speaker 4: The night before your budget.
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  Speaker 3: The night before your budget.
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  Speaker 2: All that the National Party has been talking about is
• 4:39
  Speaker 2: the Labor Party.
• 4:42
  Speaker 3: I would snap. By the way, that was Barbara Edmonds. Yeah,
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  Speaker 3: I went back and had to listen to the song
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  Speaker 3: that Aiheverra was trying to sing it. Actually it's quite
• 4:52
  Speaker 3: a good number.
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  Speaker 2: Oh I No, she butchered it, mate.
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  Speaker 3: Do you know what she resembles? Nothing like this?
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  Speaker 2: She actually didn't sound like a duck. She sounded like
• 5:01
  Speaker 2: a goat.
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  Speaker 3: She sounded exhausted. I thought she sounded like a person
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  Speaker 3: who should never try and pass a note when it
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  Speaker 3: comes to music.
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  Speaker 2: Now you as outraged by Andy Foster absolutely routing the system.
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  Speaker 3: Well he is the system is This man's the former
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  Speaker 3: Wellington Mary only had one term at the mayor, but
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  Speaker 3: he's as a council like all terms on council. Yeah.
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  Speaker 3: So I've been around a long time, owned a house
• 5:31
  Speaker 3: in Corori and Wellington for twenty six years. Last year
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  Speaker 3: on an MP spae you can afford it. Now went
• 5:38
  Speaker 3: and bought a house over in the wire Wrapper and
• 5:41
  Speaker 3: now's list that as his permanent home, even though when
• 5:45
  Speaker 3: he comes back to Wellington he lives and is no
• 5:47
  Speaker 3: doubt mortgage free home that he's had for that long,
• 5:52
  Speaker 3: lives in that and claims thirty five about thirty five
• 5:55
  Speaker 3: thousand dollars. Now that is routing the system. That's like me,
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  Speaker 3: It's like me being a list MP in Wellington. I
• 6:02
  Speaker 3: had a house over at Riverstoyle Beach.
• 6:05
  Speaker 2: I could see clearing your batch, your house and then
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  Speaker 2: I mean I will see you for what you are.
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  Speaker 3: And Winston waves the big stick and tells them this
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  Speaker 3: is just norm. It's got to stop. It's a name shame.
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  Speaker 2: Seven away from five Very Sofa.
• 6:23
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