Latest / Best of Business / Jamie Mackay: The Country host on the market reactions to the NZ-India trade deal

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Jamie Mackay: The Country host on the market reactions to the NZ-India trade deal · 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 1: The Rural Report on hither Do to See.
• 0:21
  Speaker 2: Alan Drive is Jamie mckaye, host of the Country.
• 0:23
  Speaker 3: Hi Jamie, Hello Heather, and welcome back, Thank.
• 0:27
  Speaker 2: You, Happy New Year to you, and thank you for
• 0:28
  Speaker 2: the beer.
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  Speaker 4: Is the beers arrived, obviously, and it is a It's
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  Speaker 4: a delicious brew, isn't it.
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  Speaker 3: Yeah? Yeah, Well, every once a year we do a
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  Speaker 3: Christmas co lab with the wonderful people at Emerson's here
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  Speaker 3: in Denisan, and the bear is always a pilsner, one
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  Speaker 3: of my favorite.
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  Speaker 2: Do you change the recipe every year or is it
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  Speaker 2: the same?
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  Speaker 3: Well, I don't really have much to do with it,
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  Speaker 3: even though it kind of bears my name. I know
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  Speaker 3: the boys that the teams, the teams at Emerson's, the brewers,
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  Speaker 3: the brewers down there have a bit of a play round,
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  Speaker 3: so they just mix it up. Some years I like
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  Speaker 3: it better than other years, and I think this one's
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  Speaker 3: a really good brew. But you know, like a lot
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  Speaker 3: of these craft outfits, they do have some fun with
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  Speaker 3: their bruise, and they certainly had Emerson's have some fun
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  Speaker 3: with the names of the of their bears. They had
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  Speaker 3: used to have a bear called Gary, named after an
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  Speaker 3: old bloker would come in on his superannuation day and
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  Speaker 3: buy a whole lot of beer and come back again
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  Speaker 3: two weeks time, so they called a bear after Gary.
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  Speaker 2: It's nice. I like that.
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  Speaker 3: Hey.
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  Speaker 4: Now, since we last chatted, we've obviously signed and announced
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  Speaker 4: the FTA with India.
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  Speaker 2: What's your thoughts on that?
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  Speaker 3: Well, talking about super inuitans, I know one who's not
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  Speaker 3: very happy about this at all, and you were talking
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  Speaker 3: to him to him or about him with Barry a
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  Speaker 3: wee bit earlier in the show. And so when he's
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  Speaker 3: got he thinks we gave gives, we give too much
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  Speaker 3: to India, especially on immigration, does not get a good
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  Speaker 3: enough return for New Zealand, especially dairy. While a trade
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  Speaker 3: expert and he's one of our top trade guys, Stephen
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  Speaker 3: Jacobe has rubbished that. He said New Zealand had a window,
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  Speaker 3: so if we didn't take it, the next opportunity could
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  Speaker 3: have been years away and there was no guarantee of
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  Speaker 3: a better deal. He reckons winstons just dog whistling. I'd
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  Speaker 3: agree with him on that one. And he thinks that
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  Speaker 3: Winston could have Winston says he could have negotiated something better.
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  Speaker 3: Stephen Jacoby says, somehow I doubt it now. Look, Heather,
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  Speaker 3: obviously this has been an advantageous, very advantageous agreement to
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  Speaker 3: us for sectors like sheep meat. They've got a really
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  Speaker 3: good game Kiwi fruits and apples. Obviously dairy wasn't flash.
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  Speaker 3: But you've got to remember India has got the most
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  Speaker 3: cattle or bovines in the world. They're not really that
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  Speaker 3: interested in dairy at this stage, but because of their
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  Speaker 3: burgeoning population, they're still dairy deficient. So at some stage
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  Speaker 3: down the track they're going to be looking for suppliers
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  Speaker 3: and hopefully we're in the one one in the box
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  Speaker 3: seat here to be able to do that. Jacoby went
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  Speaker 3: on to say that FTAs must be seen in the
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  Speaker 3: context of a very disruptive international environment. To mister Trump,
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  Speaker 3: and it was simply not possible to get the sort
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  Speaker 3: of gains that we had earlier, for example, our China
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  Speaker 3: deal or even our cp TPP deal. I hope I
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  Speaker 3: didn't get too many peace in there. So all in all,
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  Speaker 3: Todd mcclay's done a blooming good job. Instance not happy
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  Speaker 3: I just hope bipartisan politics prevails. Heather and Labor back.
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  Speaker 3: And I was talking to Damian kind of to day,
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  Speaker 3: their trade guy, and I got the impression talking to
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  Speaker 3: him that they will good on him if they do.
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  Speaker 4: Yeah, because it's interesting you raise that because Chippy was
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  Speaker 4: sounding a bit like he's got a few issues with it.
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  Speaker 2: So is it a case of them just wanting.
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  Speaker 4: To iron out a few things or they I mean,
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  Speaker 4: because the thing is done right, you've got to accept
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  Speaker 4: it the way it is.
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  Speaker 2: So what's labor going to do?
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  Speaker 3: Yeah, I don't think. I don't think Chippy can change anything,
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  Speaker 3: and you know, like he might be risk because I
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  Speaker 3: think this is one of those issues that we need
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  Speaker 3: kind of across the board support on. Obviously, I don't
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  Speaker 3: think the green sorts of party Maury will do it,
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  Speaker 3: but I mean Labor are largely sensible. I don't see
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  Speaker 3: why they agree with us. It's in the best interests
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  Speaker 3: of New Zealand. Think. Look, India is the most populous
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  Speaker 3: nation on Earth. It's now the fourth biggest economy. Very
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  Speaker 3: shortly it will overtake Germany as the third biggest economy.
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  Speaker 3: We've got to be in their boots and all yep here.
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  Speaker 2: Yeah, thank you very much for that. Jamie has always
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  Speaker 2: Jamiy Mchaie, Host of the Country.
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