
Heather du Plessis-Allan Drive
12,438 episodes — Page 102 of 249

Barry Soper: ZB senior political correspondent on Luxon avoiding paying a bright-line tax on his Wellington apartment
The Prime Minister seems to have narrowly avoided a large tax bill for selling his Wellington apartment. He paid $795,000 for it in 2020, and 1News reports it's been sold for $975,000. When it was purchased, a five-year bright-line test applied - under which Luxon would have owed $70,000 in tax. ZB senior political correspondent Barry Soper says Luxon seems proud to defend this apartment sale. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Murray Olds: Australian correspondent on police investigating the presence of Hezbollah flags at protest
Australian police have launched a probe related to the appearance of Hezbollah flags at pro-Palestine rallies that took place over the weekend. Victorian police reported that flags representing Hezbollah were seen being carried by a small group who weren't affiliated with the protest organisers. Australian correspondent Murray Olds says police are looking for calls to incite violence from these off-shoot groups - as carrying the organisation's symbol is prohibited. LISTEN ABOVESee omnystudio.com/listener for privacy information.

D'Arcy Waldegrave: Sportstalk host on the World Athletics Indoor Championships coming to New Zealand for 2028
The World Athletics Indoor Championships could be coming to New Zealand for 2028. Athletics New Zealand and the Government are working on a bid to host the biennial event, typically held in the third week of March. The current criteria permits an outdoor venue to be used - and with only a 200-metre track needed, Eden Park or the new Christchurch stadium could be feasible options. Sportstalk host D'Arcy Waldegrave explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Tom Hartmann: Sorted Personal Finance Lead on the increase on Kiwis applying for credit cards
Kiwis struggling to stay afloat have turned to credit cards to bridge the cap amid an ongoing cost-of-living crisis. New credit card application enquiries have reached their highest level since 2021- and card arrears have jumped 4.4 percent in August. Sorted Personal Finance Lead Tom Hartmann says living costs have increased and bills have piled up - and people feel the need to borrow their way through it. "From power, from kids' sports fees - it could be many different situations. And this is just one way to get through it." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Gavin Grey: UK correspondent on Austria's Freedom Party securing first far-right political victory since World War II
Austria's far-right Freedom Party has secured a historic political victory following the recent election. The party finished first with 29.2 percent of the vote, beating out the OVP's 26.2 percent, and the centre-left Social Democrats' 20.4 percent. UK correspondent Gavin Grey says it doesn't have the support to form a majority Government - and the other parties are apprehensive about forming a coalition. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Shane Solly: Harbour Asset Management spokesperson on the new wave of policies designed to stimulate China's economy
Over in China, regulators recently announced a range of monetary and fiscal stimulus policy changes aimed at fostering economic stabilisation and improving consumer confidence. Official interest rates were cut and the Government announced a number of central bank spending programmes aimed at stabilising housing and supporting consumption. Harbour Asset Management's Shane Solly unpacked these new policy changes - and explained what China's economic growth could mean for New Zealand. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Grant Watson: Synlait CEO on the company's multi-million dollar net loss
Synlait Milk has reported a net loss of $182.1 million and stumped up with a one-off payment to try to keep supplying South Island farmers. The embattled dairy processor reported its full-year results to July 31 on Monday with revenue up 2 percent to $1.64 billion. It took a total non-cash impairment of $114.6 million during the year against its long-term assets. CEO Grant Watson says the 2024 financial year was a difficult one - but things look to be in a better position for next year. LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Huddle: Is Hastings' new sign really that bad?
Tonight on The Huddle, Trish Sherson from Sherson Willis PR and NZME editor-at-large Shayne Currie joined in on a discussion about the following issues of the day - and more! The Government's copped some backlash after it warned the new Dunedin Hospital could face some downgrades after costs blew out over $1 billion higher than expected. Are people right to be outraged? The Government has unveiled its latest Q4 action plan - with a focus on law and order, infrastructure and cost-saving. What do we make of this? The world's Haka record was beaten at Eden Park last night, taking the title back from France. Should we be proud? Is Hastings' new sign really that bad? LISTEN ABOVESee omnystudio.com/listener for privacy information.

Nicola Willis: Finance Minister responds to backlash surrounding Dunedin Hospital budget cuts
The Finance Minister says the Government is still committed to funding Dunedin's new hospital. It's asked Health NZ for two options to deliver the project within budget after it claimed costs ballooned by over $1 billion. About 35,000 protesters took to the streets in Dunedin on Saturday. Nicola Willis says she understands the frustration, but argues the hospital has never been kept to a budget. But she says there needs to be enough money to go around. "We also have a responsibility to the people of Whangarei, of Nelson, of Tauranga and all the other centres in the country who also need an upgrade to their hospital." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Full Show Podcast: 30 September 2024
On the Heather du Plessis-Allan Drive Full Show Podcast with Jack Tame for Monday 30th September 2024, the Government has released its latest quarterly action plan and it's largely focussed on infrastructure. Chris Bishop talks Jack through the details. There are calls that "tough conversations" are needed around the future of small town New Zealand - Jack asks Regional Development Minister Shane Jones whether some towns just won't survive. We learn about the game changer that could boost productivity out of vineyards. The Huddle debates the Government's issue with the new Dunedin Hospital and reflects on the Haka World Record set last night. Get the Heather du Plessis-Allan Drive Full Show Podcast every weekday evening on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Jules Radich: Dunedin mayor issues warning amid proposed cuts to hospital project
Dunedin's mayor isn't backing down on fighting for the city's new hospital ahead of potential cuts. The Government has asked Health NZ for two options to deliver the project - within budget - after costs escalated to an estimated $3 billion from an original estimate of between $1.2b-$1.4b. About 35,000 people took to the streets in Dunedin on Saturday to protest the proposed downgrades. Mayor Jules Radich says there will be detrimental effects if it isn't built. "Number one- people will die. The Government will have blood on its hands because this hospital is needed for the level of tertiary care that is required throughout the whole region." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Dr Juliet Ansell: NZ Winegrowers Research Centre CEO on the new research programme designed to boost NZ wine output
The wine industry is hoping a new programme will help double production. The Government is investing $5.6 million over seven years into the programme, Next Generation Viticulture. It aims to grow vines more efficiently, turning sunlight into grapes. NZ Winegrowers Research Centre CEO Dr Juliet Ansell says it will redesign canopy management. "It enables the vines to capture as much sunlight as they can - and encourage that sunlight to be transformed into fruit, rather than leaves or vegetative growth." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Steve Armitage: Hospitality New Zealand CEO on mayor Wayne Brown disestablishing Tātaki Auckland Unlimited
Auckland mayor Wayne Brown aims to disestablish the city's tourism and economic development agency. The mayor is progressing plans to fold Tātaki Auckland Unlimited back into council control and reduce its functions. He says the agency spent more than $700,000 on a campaign promoting Auckland to Aucklanders. He says these things need to stop happening with ratepayer money. Hospitality New Zealand CEO Steve Armitage Tātaki says is essential - and plays a pivotal role for the city's tourism. "There are a lot of ancillary benefits, there are jobs created - particularly off the strength of Auckland's visitor economy in recent years." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Chris Bishop: Infrastructure Minister on the Government's plan to introduce more toll roads
New toll roads could be on the horizon as the Government moves into its next quarterly plans. It says it's achieved 39 of its 40 third-quarter goals, largely targeting law and order. The 43 actions up next focus on infrastructure and economic growth. They include passing the fast-track approvals bill - but also look into introducing more road tolls. Infrastructure Minister Chris Bishop says they're unpopular, but they're a reliable method. "People think about other countries - toll roads are very common in the United States, Sydney, Brisbane, Melbourne, many parts of Europe. Toll roads are standard practice and we don't use them enough here." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Barry Soper: ZB senior political correspondent on Minister Shane Jones' clash with the climate protestors
Energy and Resources Minister Shane Jones has been caught up in a climate protest, while on a walk - over policy he's spearheading. A small group of protestors marched down Wellington's Lambton Quay opposing the Government's bill reversing Labour's ban on oil and gas exploration. They told Jones he should be ashamed of himself, a claim he loudly rebutted, saying they were being hyperbolic and extreme. ZB senior political correspondent Barry Soper unpacks Jones's response to the backlash. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Oliver Peterson: Australian correspondent on Qantas workers striking as part of ongoing pay dispute
Qantas engineers across Australia walked off the job for two hours this morning - and they've warned more industrial action will come if their requests aren't heard. Staff throughout Brisbane, Sydney, and Perth airports have requested a 15 percent payrise with further rises in subsequent years. Australian correspondent Oliver Peterson says these strikes haven't impacted anyone's ability to travel as of yet. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Jason Pine: Sportstalk host on the Black Caps losing to Sri Lanka on day four of their second test
The Black Caps have suffered a fourth consecutive test loss, after an innings and 154-run defeat by Sri Lanka in their second match in Galle. Resuming their second innings at 199 for five on day four, the visitors were dismissed for 360, which included half centuries by Tom Blundell, Glenn Phillips and Mitchell Santner. Sportstalk host Jason Pine explains what this loss means for their future chances. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Shane Jones: Regional Development Minister unpacks the future of small town New Zealand
There's growing concerns about the future of small town New Zealand - with one expert warning 'tough conversations' are needed. The closure of Winstone Pulp International's Ruapehu mills have cost the region 230 jobs, and the proposed shutdown of Alliance Group’s Smithfield meat processing plant in Timaru could cost over 600 more. Regional Development Minister Shane Jones says the need to achieve certain climate goals is driving down key industries - and negatively impacting regional New Zealand. "If we're not going to maintain access to gas and coal during a managed transition and we're going to continually make it more difficult for farmers to sustain production, we are going to see a contraction of the economy around some of our small towns." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Full Show Podcast: 27 September 2024
Listen to the Heather du Plessis-Allan Drive Full Show Podcast for Friday 27 September. Get the Heather du Plessis-Allan Drive Full Show Podcast every weekday evening on iHeartRadio, or wherever you get your podcasts.See omnystudio.com/listener for privacy information.

Jules Radich: Dunedin Mayor talks mass protest against proposed cutbacks to new hospital
The Dunedin Mayor says he is expecting thousands of people to protest tomorrow over a proposed downgrade for the city's new hospital. The Government has asked Health New Zealand to cut costs - after an independent review found it's hurtling toward an overspend. Mayor Jules Radich says he is urging the community to march against what amounts to clinical cuts for the critically needed facility. He told Heather du Plessis-Allan the Government must re-engage in contract negotiations. Radich says he believes the project can be completed if prices are brought back within reason, as the piles and plans are all done. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Mark Wynne: Alliance Group Chair talks proposal to shut Timaru meatworks
The Alliance Group says a drop in our livestock numbers is behind a proposal shut a Timaru meatworks. It's called an all-staff meeting today to announce a proposal to close its Smithfield freezing works. It would stop sheep meat, calf, and night shift venison processing after this season, and remaining venison at the end of the year, at the latest. Group chair Mark Wynne told Heather du Plessis-Allan there's been a change in how farmers are using their land. He says the fundamental reason is declining livestock and in particular sheep - and the flow on effect that is has on the processing industry. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Paul Hofman: Paediatric Endocrinolgist talks New Zealand's high use of puberty blockers
A view that puberty blocker use for trans youth in New Zealand needs tighter supervision. New Zealand's use of puberty blockers is seven times higher than comparable countries. Paediatric Endocrinologist, Paul Hofman says they shouldn't be banned as they can be effective in some cases. He told Heather du Plessis-Allan it's not settled science. Hofman says the evidence for puberty blocker's efficacy is not as strong as many think. LISTEN ABOVE See omnystudio.com/listener for privacy information.

Perspective with Heather du Plessis-Allan: Liam Lawson has what it takes to be a F1 star
What about Liam Lawson? A kid from Pukekohe from potato country, has just been given a Formula One seat for the rest of the season. What an absolutely amazing achievement that is. There are only 20 seats available each season in F1. 20 seats. And the absolute best drivers around the world compete for those twenty seats. And a 22-year-old kid from New Zealand, population just slightly over 5 million, that's just a big city somewhere, just took one of those twenty seats. I mean, talk about overachieving. Well done him. How proud do you think his parents are right now? How much are they not regretting that move to Pukekohe so he could be near the racetrack? It's paid off, hasn't it? I was listening to Liam talk to Mike this morning and the thing that struck me about him is how mature he is. I mean, for a kid of 22 years old, he is unbelievably cool, calm and collected, and I reckon even more so than people, sometimes twice his age. I mean, this kid knows what's on the line. He knows this is his one shot, he understands he's got about 6 races to prove himself if he wants to keep the seat next year. And he just sounds like he's taking this whole thing in his stride completely. The impression that I got from him this morning is even if he wasn't one of the best F1 drivers in the world right now, and you just met him somewhere in New Zealand on some random occasion, it would be hard not to be impressed with his composure for his age. He's going to need that composure. Since the announcement that Daniel Ricciardo's been rolled and Liam Lawson's taking over, he is copping it online from fans who are upset with the whole way that Riccardo's been treated. And who are they blaming wrongly? Obviously, Liam Lawson. And you know how social media is nowadays? It's not something out there that's just in the nether nether. It's in your phone, in your pocket, and you can read it if you want to. So I imagine he's going to have to draw on that mental fortitude to be able to cope with the pressure that he will now be under from people out there who've got opinions. But somehow, having listened to him talk this morning, I think he's going to be absolutely fine, don't you?See omnystudio.com/listener for privacy information.

Sam Dickie: Fisher Funds expert on the rise and fall of Intel
Former industry giant Intel used to dominate the computer chip market - with significant presence in the world of PCs and servers. However, the company's market share has plummeted and it runs the risk of being bought out by rivals. Fisher Funds expert Sam Dickie explains what went wrong for the business. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Jamie Mackay: The Country host on Fonterra posting a stronger-than-expected net profit
Kiwi dairy farmers can breathe a sigh of relief following Fonterra's successful results. The dairy giant posted a $1.1 billion dollar net profit and confirmed a 55 cent total dividend for the past financial year. The Country's Jamie Mackay explains what this news means for the wider dairy sector. LISTEN ABOVE See omnystudio.com/listener for privacy information.

Liam Dann: NZ Herald business editor at large on The Warehouse Group reporting a $54.2m net loss
Leading Kiwi retailer The Warehouse Group has posted a significant net loss off the back of a tough trading environment. The company today posted it announced a net loss of $54.2 million - a contract to last year's $29.8 million net profit. NZ Herald business editor at large Liam Dann says it's unclear if the Warehouse can recover from this. LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Huddle: What's it going to take to bring people back to the Warehouse?
Tonight on The Huddle, former Labour Chief of Staff Mike Munro and Infrastructure NZ CEO Nick Leggett joined in on a discussion about the following issues of the day - and more! The Warehouse has posted a record-setting net loss today - what's it going to take to bring consumers back? The Government has announced another crackdown on student attendance - with teacher only days barred from happening during term time and prosecution for parents of truant kids. Do we agree with this approach? The Dunedin Hospital project's costs have blown out, and the Government is looking to rescope it. What do we make of this? The Hastings District Council has today voted to let non-elected Youth Councillors vote in sub-committee and committee meetings. They will also be paid $500 per meeting. Is this a fair move? LISTEN ABOVESee omnystudio.com/listener for privacy information.

Full Show Podcast: 26 September 2024
On the Heather du Plessis-Allan Drive Full Show Podcast for Thursday, 26 September 2024, fines for parents of truant kids and no more teacher-only days during school time. Northland principal Pat Newman reacts to the Government's plan to boost school attendance. Infrastructure Minister Chris Bishop defends changes to the new Dunedin Hospital because of cost blowouts. The Warehouse has delivered a bloodbath of a result, Interim Chief Executive tells Heather how he's planning to turn the company around. Plus the Huddle debates whether Hastings District Council was off the mark when it decided to allow unelected Youth Council members to take part in votes. Get the Heather du Plessis-Allan Drive Full Show Podcast every weekday evening on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Todd McClay: Trade Minister on the new trade agreement with the United Arab Emirates
The Trade Minister has revealed how he managed to get the trade agreement with the United Arab Emirates over the line so quickly. Todd McClay and counterpart Minister Al Zeyoudi signed the deal this morning to remove 98.5 percent of export duties on goods. McClay says he'd been working negotiators hard for four months following an exchange earlier in the year. "We made a commitment together then that if we were going to do this - let's try and do it as fast as it has been done." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Sir Wayne 'Buck' Shelford: Former All Blacks captain on Scott Roberton's lineup changes ahead of the second Bledisloe test
One former All Blacks captain claims Scott Robertson will want to try out new combinations in future matches. The side set to play against the Wallabies in Wellington has been revealed - with Beauden Barrett taking on the No 10 jersey, Anton Lienert-Brown replacing Jordie Barrett and TJ Perenara starting his final match in the No 9 jersey. Sir Wayne 'Buck' Shelford says Damian McKenzie - who got dropped down to the bench - hasn't lost his chance just yet. "Take test match rugby - you just don't have as much time. He has time when he plays for the Chiefs - he's just got to get used to reacting fast enough." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Chris Bishop: Infrastructure Minister on the cost blowout impacting the construction of new Dunedin Hospital project
The Government has been forced to go back to the drawing board with the plans for the new Dunedin Hospital. An independent review has found the project as currently planned is 'probably not achievable' within the budget of $1.88 billion. Ministers Shane Reti and Chris Bishop have asked Health NZ for solutions and warned that upgrades to other hospitals are at risk if costs don't come down. Chris Bishop says there are two possible options to keep costs at the $1.88 billion cap. "One is that we revise the current project within its existing structural envelope - that's on the new site - that could look at reducing the number of floors - or identifying some services that could be retained on the existing hospital site." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Pat Newman: Te Tai Tokerau Principals' Association spokesperson on David Seymour's school attendance crackdown
There's harsh criticism of Associate Education Minister David Seymour's push for prosecution of parents of continued truants. Seymour says parents could be fined in the most extreme cases as part of Government requirements for Stepped Attendance Response plans in schools by 2026. He's also insisting term-time teacher-only days need authorisation from the Education Minister. Northland Principal Pat Newman says this is a completely political move. "The cold, hard reality is that it's been tried, it's been on the books, it hasn't worked. That's why it's not used." LISTEN ABOVESee omnystudio.com/listener for privacy information.

John Journee: Warehouse Group interim CEO on the company's multi-million dollar net loss
The Warehouse Group says this year's unacceptable earnings have two parts. It's posting a $54.2 million net loss after tax. Last year it made a $29.9 million profit. Sales at The Warehouse and Noel Leeming are down 5.3 percent and Warehouse Stationery is down 6.7 percent. Interim CEO, John Journee says they get it right most of the time, but it needs to be all the time. "Part of it is strategy and part of it is execution. We had a strategy, set it out five years ago - it was, in hindsight, too ambitious and also distracted us from looking after our core brands." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Barry Soper: ZB senior political correspondent on Te Pāti Māori's warning after the Government cuts te Reo programme
Te Pāti Māori has warning the Government of the 'wrath of the million Māori' after a $30 million cut to a programme for teachers to learn te reo Māori. It follows a South Auckland principal teacher’s union slamming the Government’s decision to cut funding to a programme for teachers to learn te reo Māori. ZB senior political correspondent Barry Soper says Te Pāti Māori co-leader Rawiri Waititi has branded this the latest move in a series of 'attacks' on te iwi Māori. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Murray Olds: Australian correspondent on the Australian Government reviewing negative gearing, housing taxes
Over in Australia, negative gearing and capital gains tax changes are on the political agenda in a bid to reduce problems in the housing market. The Labour Government has confirmed that the current tax concessions are set to undergo a review. Australian correspondent Murray Olds says Prime Minister Anthony Albanese has acknowledged the complaints of younger voters hoping to get a spot on the property ladder. LISTEN ABOVESee omnystudio.com/listener for privacy information.

D'Arcy Waldegrave: Sportstalk host on Razor's picks for the All Blacks squad ahead of second Bledisloe clash
Two veterans get starting farewells in the All Blacks for the dead-rubber second Bledisloe Cup test against the Wallabies in Wellington on Saturday. TJ Perenara is into the number nine jersey - dropping Cortez Ratima to the bench - while Sam Cane retains his spot at openside flanker for his 100th test match. Beauden Barrett's replacing Damian McKenzie in the ten jumper, with the latter relegated to the reserves. Sportstalk host D'Arcy Waldegrave recaps the lineup further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Chris Proctor: Hastings Youth Council chair on Hastings District Council voting in favour of letting youth council members vote on decisions
Hastings District Council has voted in favour of allowing non-elected members of its Youth Council to vote in council decisions. Youth Council members will be able to vote in council committees and sub-committees - and they'll also be paid. The Council was divided on this move - but mayor Sandra Hazlehurst had the deciding vote and the issue was passed. Youth Council chair Chris Proctor says this is a first in the nation's history. "We want to bring a voice to the Council's table and we want to make sure that in areas like Flaxmere, where 50 percent of the population is under the age of 25 - we feel that's important." LISTEN ABOVE See omnystudio.com/listener for privacy information.

Perspective with Heather du Plessis-Allan: Don't expect David Seymour's crackdown to go over well with teacher unions
That's quite the crackdown on truancy from David Seymour today - don't expect this to go down well with the teacher unions. So the first thing David Seymour's announced is that he's coming for the parents. He's bringing in the possibility of enforcing fines on parents who don't send their kids to school. Now, it's 100 percent that the excuse-makers of this country are gonna have a problem with this because it’s picking on the vulnerable, etc. Let me tell you something - school is compulsory in New Zealand. If it's compulsory and you don't do it, you will get punished. A fine is the punishment, that's how compulsion works. There's no point in having it be compulsory if you aren't prepared to punish someone for the compulsory thing not happening. And the fine thing is not new, they already exist on the books. Parents can be fined up to $3000 if they’re recidivist offenders, it's just that the fine is not enforced. The second thing he’s doing is scrapping teacher-only days during term times. Schools now have to hold teacher-only days in term breaks. 100 percent the teacher unions will complain about this, but again - this is not new. According to David Seymour's office, the law already states that teacher-only days should only be held during school breaks. And if they have to be held during term time, it must be only with the permission of the Ministry of Education - but it’s got a bit loose. So, all David Seymour is doing here is reminding us all what the existing rules already are and getting us to follow them. And the fact that that is quite a big crack down - I think that tells you how loose we’ve gotten with respecting education. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Gavin Grey: UK correspondent on Prime Minister Keir Starmer urging Britons to leave Lebanon
UK Prime Minister Keir Starmer has issued a warning for Britons in Lebanon amid escalating conflict. The Ministry of Defence is sending 700 troops to Cyprus to prepare for the possible evacuation of British nationals from Lebanon and the Government has advised against travel to the region. UK correspondent Gavin Grey says it's a clear indication the Government believes this situation will get worse. LISTEN ABOVE See omnystudio.com/listener for privacy information.

Sam Trethewey: Milford Asset Management Portfolio Manager on KMD Brands posting 11 percent sales drop
Sales at Kathmandu owner KMD Brands slumped by 11 percent, with all three of its brands feeling the effect of weak consumer confidence in its latest financial year. The company had a statutory net profit after tax decline of $48.3 million for FY24, including a one-off non-cash impairment on the goodwill of its shoe brand Oboz of $40.3 million. Milford Asset Management's Sam Trethewey says investors didn't have high expectations ahead of this announcement. LISTEN ABOVE See omnystudio.com/listener for privacy information.

Miles Hurrell: Fonterra CEO on the company's $1.1 billion net profit
Things are looking on the up for the dairy sector. Fonterra is returning a total dividend of 55 cents a share for the past financial year, off the back of a strong $1.1 billion net profit. It's also raising its forecast milk payout midpoint this season, from $8.50 to $9.00. CEO Miles Hurrell says demand from China's picking up, and data received overnight suggests that trend is continuing. LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Huddle: Do we need a Capital Gains Tax?
Tonight on The Huddle, Kiwiblog writer and Curia pollster David Farrar and Jack Tame from ZB's Saturday Mornings and Q&A joined in on a discussion about the following issues of the day - and more! Do we really need a Capital Gains Tax? ANZ CEO Antonia Watson has joined the growing calls for one but Heather's not on board - what do we think? Another review into the Northland power pylon incident revealed it was completely avoidable - after it lost tens of millions in economic activity. Does Transpower need to cough up? New data has revealed Kiwis' overall satisfaction with life has held up over the last couple years, despite rampant inflation and economic concerns. Is this proof life here isn't all that bad? LISTEN ABOVE See omnystudio.com/listener for privacy information.

Full Show Podcast: 25 September 2024
On the Heather du Plessis-Allan Drive Full Show Podcast for Wednesday, 25 September 2024, Energy Minister Simeon Brown reveals the contractor at the centre of the fallen Transpower tower had three previous nuts/bolts instances. ANZ boss Antonia Watson has endorsed the idea of a capital gains tax - but Heather's not a fan. Resources Minister Shane Jones reveals the worst Government decision he was ever part of - and what he's doing to make up for it. Plus on the Huddle, Jack Tame and Heather get fired up on the prospect of a CGT. Get the Heather du Plessis-Allan Drive Full Show Podcast every weekday evening on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Shane Jones: Resource Minister on the Government's bid to restore confidence in the oil and gas sector
The Government has today started the process of overturning the ban on oil and gas exploration. Resource Minister Shane Jones says the Government is still committed to transitioning to renewable energy - but it can't be done at a cost of hollowing out jobs. Jones says some companies are a bit fearful in case the Government changes - but he's willing to convince them. "The bill's got some robust protections - it's a transparent process." LISTEN ABOVE See omnystudio.com/listener for privacy information.

Liam Napier: NZ Herald sports writer on Damian McKenzie reportedly being replaced for upcoming Wallabies rematch
It's looking increasingly likely that Beauden Barrett will step in the No 10 jersey and replace Damian McKenzie for this weekend's All Blacks match. This upcoming rematch against Australia will mark Beauden Barrett's first test in the role since 2022. NZ Herald sports writer Liam Napier says it's likely Scott Robertson will be looking to make changes ahead of the next set of high-profile matches. "You have to have options - and for the All Blacks, this is the last test at home this year, they're about to head north later in the year for three very gruelling tests against England, Ireland and France - they need alternative options." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Simeon Brown: Energy Minister on the Electricity Authority's report into the Northland pylon collapse
The Energy Minister has been quick to criticise Transpower's conduct that led to the collapse of a Northland power pylon. A new report by the Electricity Authority revealed one of the company's senior engineers had warned crews doing foundation work had knowledge gaps before the pylon toppled in June. Minister Simeon Brown says this failure was 'unacceptable' and 'avoidable'. "Ultimately, Transpower didn't do anything in relation to addressing those concerns in 2021 - and that has led to what happened in Northland in June this year." LISTEN ABOVE See omnystudio.com/listener for privacy information.

Sandy Lau: PWC tax partner on ANZ's Chief Executive voicing support for a Capital Gains Tax
A PWC tax partner says discussions around a Capital Gains Tax will continue, as the country grapples with raising enough revenue. ANZ head Antonia Watson has told RNZ the time has come for a Capital Gains Tax. Sandy Lau says it'll likely be in the mix of options officials consider in long-term planning for New Zealand's tax system. "I don't think having a Capital Gains Tax is going to be the silver bullet, so to speak, that will fix all the problems - but it may be one of the few things that needs to be done to make sure that the tax system continues to be successful in the future." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Margaret Besheer: Voice of America UN correspondent ahead of Benjamin Netanyahu's appearance at the UN General Assembly
A frosty reception is expected for Israeli Prime Minister, Benjamin Netanyahu, as he fronts global diplomats - as war wages in the Middle East. Leaders from nearly 200 UN Member states are meeting to discuss international issues in New York City. Calls for intervention are growing - as Israel pounds southern Lebanon with bombs, and its' deadly occupation of Gaza continues. Voice of America UN correspondent, Margaret Besheer, says many members are calling Israel's actions genocide. "The speeches were very strong against Israel - and not just from the neighbours, but from other countries in the global south." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Barry Soper: ZB senior political correspondent on the investigation revealing the Northland pylon collapse was preventable
The Electricity Authority's report in to a toppled pylon has found the collapse was entirely avoidable. The Transpower pylon north of Helensville fell - cutting power to 88,000 people in Northland - after unsupervised, inexperienced maintenance crews undid three legs at once. The report found there was evidence removing all the nuts wasn't a one-off event. ZB senior political correspondent Barry Soper says this incident came with significant economic impacts to Northland. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Dan Mitchinson: US correspondent on Kamala Harris surging ahead in latest political polls
Over in the US, Kamala Harris is experiencing a significant bump in the polls. New data from Quinnipiac University, Reuters and CNN show Harris is beating out Donald Trump - or the pair are neck-and-neck in terms of voter appeal. US correspondent Dan Mitchinson says Kamala Harris has focused on appealing to the swing states, as the race is still too close. LISTEN ABOVESee omnystudio.com/listener for privacy information.