Early Edition with Kate Hawkesby

A new Westpac report has revealed our tourism is doing well - but could do better. The latest Westpac Economic Tourism bulletin shows while the sector has seen some recovery, businesses will need to adapt to the changing market. Industry Economist Paul Clark told Kate Hawkesby the industry is going to find it increasingly challenging to make a profit. He says while the trajectory of international passenger arrivals has started to taper off - the sector is still hopeful. LISTEN ABOVE  See omnystudio.com/listener for privacy information.

Inflation has finally fallen to six percent but how are we looking in the domestic front? Businesses are continuing to struggle with less demand and less spending. But with China's market back open the pressure may start lifting. Business NZ CEO Kirk Hope joined Kate Hawkesby to discuss the topic. LISTEN ABOVESee omnystudio.com/listener for privacy information.

For everyone in Auckland who bemoans our Mayor, and actually I’m not sure there are many of them left anymore or maybe they’ve just gone quiet, it could be worse. We could have Wellington’s Mayor. Now Tory Whanau has had her fair share of headlines and bad press since her arrival. There was the infamous “don’t you know who I am” alleged drunken incident at a Wellington restaurant, as well as leaving without paying the bill. She also made headlines back in June when she faced criticism for not attending meetings or events. In other words, claiming to be a busy Mayor but having a very empty diary. Apparently the events she did attend, she only stayed very briefly, or cancelled at the last minute. Then there’s her council. It has had issues with data breaches - two in fact: breaching the privacy of submitters to the Golden Mile proposal, and inadvertently releasing the names of more than 4000 people involved in road crashes. Now this is not a seasoned politician. We are talking about someone who completed

Yet another announcement from Labour in a bid to put a stop to crime. The party has announced 12 and 13 year old ram raiders will be charged in youth court, while adult offenders could face up to ten years in prison. Act Party Leader David Seymour joined Kate Hawkesby to discuss the policy. LISTEN ABOVESee omnystudio.com/listener for privacy information.

One of our greatest footballers believes New Zealand has dropped the ball when it comes to supporting the FIFA Women's World Cup. Thousands are set to flock to tonight's opening match at Auckland's Eden Park, where our team will verse Norway. Political leaders including Chris Hipkins, Carmel Sepuloni, and Grant Robertson will all be in attendance. Maia Jackman told Kate Hawkesby it's a different feel here than in Australia where the tournament is being heavily embraced. LISTEN ABOVE  See omnystudio.com/listener for privacy information.

No one is more beside themselves about the Puhoi Motorway schemozzle than me. Well, to be fair there are probably people more upset than me, but I’m pretty upset. I mean, finally, finally after so long, such an interminable wait, finally we got our glorious smooth new road North. The gateway to the winterless North, bypassing all the windy roads and single lane hills and crappy old tar seal. A new perfect, smooth, pothole free, scenic and lush drive North, shaving big time savings off the journey, making everything feel easier and safer. And then, wham. The headlines yesterday sent a shudder down my spine, because you just know our brand new highway is going to be for the high jump if they don’t secure this and fix it. This ’slow moving landslide’ we now know about alongside it. Oh no biggie. Just a SLOW MOVING LANDSLIDE. This new motorway was an $880 million build. It took a painstaking six years to finish. They finally opened it, we’ve driven it every single week since it’s opened. It’s only been open a mon

Most economists are tipping the Consumer Price Index will fall below six percent. It would be for the first time since December 2021. ANZ Economist Henry Russell joined Kate Hawkesby to discuss. LISTEN ABOVE    See omnystudio.com/listener for privacy information.

It's thought Countdown's $400 million rebrand is a waste of time, money and poor timing as many Kiwis struggle to pay for their groceries. The supermarket chain will revert back to Woolworths early next year, 12 years after changing to Countdown. Sign changes start next month, along with store upgrades. Massey University Marketing expert, Bodo Lang, told Kate Hawkesby there's a danger the Australian ownership becomes more noticeable in the rebrand, and puts New Zealanders off. He says there's also a risk the rebrand's costs will be passed onto consumers, at a time food prices are already at record highs. LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Police Association's questioning how much difference the Government's latest crackdown on youth crime will make. New measures have been announced — including coercing young people to commit crime an aggravating factor in sentencing. Posting criminal behaviour online will also be considered an aggravating factor in sentencing. President Chris Cahill told Kate Hawkesby that it's great that there's a focus, but we'll have to wait and see what actually becomes a reality. He suggests judges will continue to bend over backwards to give as many discounts to offenders as they can. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Taking your electric vehicle on holiday may be about to get easier. ChargeNet, Z Energy, and Openloop have come together to launch a charging roaming trial, which would allow drivers to charge at any of the three networks. Currently New Zealand drivers need individual memberships with each charging provider. ChargeNet Chief Operating Officer Martin Miles says this move will help to attract more people to this sustainable mode of travel. He says they want to make charging point access as simple as possible. The trial starts early next year. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Investing platform, Sharesies, isn't a fan of National's new Kiwisaver policy. National's pledging to let under-30s dip into their fund for a tenancy bond. Money would transfer directly from their savings to Tenancy Services, returned at the end, or transferred to the next rental arrangement. Sharesies Co-Chief Executive, Leighton Roberts, told Kate Hawkesby that Kiwisaver's main goal is to save for retirement, and secondary purpose is for first-home buying. He says at the moment we aren't achieving good outcomes on either, so adding additional factors that could compromise either isn't the right move. LISTEN ABOVESee omnystudio.com/listener for privacy information.

So another poll out last night showing a right block government —just— and slipping support for Labour. What's interesting though, is it's the second poll in a row to show Christopher Luxon edging up in the preferred PM stakes... so, is he turning a corner in terms of likeability? Because he's seemingly been a hard sell. Though people are sick of the direction the country’s going in, they’ve been unconvinced he’s the saviour. And let’s be honest, personality politics dictates that we have to love or hate the person who fronts the party. It’s not the reality of course. The Party is a whole team, but we seem to be obsessed with the front person. No better example of that than Jacindamania, which then turned to so much vitriol against her that she ended up stepping down to save the party’s chances. Chippy came in as the great hope; he had boy next door vibes, he loved a sausage roll, people were enamoured with the prospect of fresh blood. But he too has gradually eroded that popularity. Which leaves us with the

Extreme weather is causing problems in several parts of the world. Southern Europe is bracing for a second heatwave in a week, with record temperatures expected to be broken in places like Italy, Greece, and Spain. Europe Correspondent, Gavin Grey, says one of Spain's Canary islands has been hit hard. He says in La Palma, troops are evacuating more than four-thousand people and four and a half thousand hectares of woodlands have been destroyed by wildfires. Almost a third of Americans are under extreme heat advisories, while at least four people have been killed by severe floods in Pennsylvania. In South Korea, the death toll has risen to at least 37 after flooding across much of the country. LISTEN ABOVESee omnystudio.com/listener for privacy information.

The country's infrastructure industry is describing National's $500-million road transport policy as a good start. The party has declared it will redirect funding from road safety initiatives to pothole repairs and road renewals, if it wins the election. Infrastructure New Zealand Chief Executive Nick Leggett told Kate Hawkesby that the man power exists to make this promise a reality, but there has to be a guaranteed pipeline of work. He says if the work is there, the resources will follow. LISTEN ABOVESee omnystudio.com/listener for privacy information.

A chance for businesses to reconnect with a changing China. The China Business Summit began in Auckland at 7am this morning. Prime Minister Chris Hipkins will speak —covering topics like trade and investment— and insights from his recent trip to China and Nato Summit attendance. The Chinese Ambassador and the New Zealand China Council are also attending. Council Executive Director, Alistair Crozie told Kate Hawkesby that it's significant, being the first in-person summit since Covid. He says no-one's been to the market until recently and this event gives businesses a chance to get to grips with how China's evolved. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Labour released its party slogan over the weekend and it says ' In it for you', which as some cynical person observed sounds like something you'd say on Tinder to secure a date. What it says to me, is that the two main parties slogans this election year very much reflect their parties approaches. One is a slogan which is ambiguous:  what's it even mean, 'in it for you'? Sounds kind, has the feel good factor I guess, sounds like it got work shopped in a focus group on a white board and people went 'oh yeah, sounds nice.' But what's it actually mean? And that's the problem. It's just more words, platitudes, word salads, things that sound potentially kind or good, or about us, but we're not sure. The great irony of course being that this party, since its 2020 mandate, has been in it for them. One hundred percent for them, not us. In fact their raison d'etre has been to tell us how we should all be living, what we should be doing, whether we should drive cars or take public transport, when we're allowed a RAT tes

I said earlier this week that my hero of the week was any CEO who walks the talk and works the floor and gets amongst the team. That was off the back of my parents having Greg Foran, Air NZ CEO, check them in at Auckland airport. He’s out there often apparently, doing various jobs inside various departments to learn more about the airline and be present, and it’s a good look – it’s appreciated. But then I’ve found something else this week that I appreciate; common sense. Or at least people who speak it – and we seem to be thin on the ground on those people these days. But in light of the Sam Cane pitch invader saga All Blacks forwards coach, Jason Ryan, has come out and blasted pitch invaders. Which is good, because for a while there it was looking like we were busy apologising to them and handing them a bunch of free rugby merch for their troubles. Which made no sense to me, but then a lot of the weird woke stuff that goes on these days doesn’t make sense to me. Like how we seem to kowtow to offenders more t

Plastic pollution in Lake Rotorua is reportedly comparable to lakes in Europe and the US. Three places in New Zealand have been part of a global analysis of plastic pollution levels in freshwater lakes. Deniz Özkundakci is a University of Waikato Associate Professor and freshwater ecologist. He told Kate Hawkesby it's disappointing we're seeing high levels here. LISTEN ABOVE  See omnystudio.com/listener for privacy information.

News that business owners are struggling to make ends meet isn't surprising to some in the sector.  Research by accounting software company Xero shows almost half of small to medium business owners aren't paying themselves. Business mentor and Whanganui Chamber of Commerce Chief Executive Helen Garner told Kate Hawkesby the statistics are dismaying. Garner says there are ups and downs in business, but with money not moving as it should be, these are not ideal times. She says there is no way of telling at the moment how long this will last. LISTEN ABOVE  See omnystudio.com/listener for privacy information.

Capital gains and wealth taxes may not accomplish the goals advocates think they might. After investigating, Chris Hipkins has ruled out those changes while he's Prime Minister.  Deloitte tax partner Robyn Walker says wealth taxes don't bring in a huge amount of revenue, but create higher administration and compliance costs. She says there are unintended consequences which have been seen in overseas countries,  like Norway. Walker says the wealthy and "the want to be wealthy" have fled the country. LISTEN ABOVESee omnystudio.com/listener for privacy information.