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As expected, the Reserve Bank cut the OCR to 2.25% last week - but an unexpected side effect has been a lack of effect. The Reserve Bank announced that this would be the end of cuts, sending the wholesale market into a panic and, therefore, seeing no change in interest rates. Finance Minister Nicola Willis told Heather du Plessis-Allan, "my message to the banks is always the same, which is pass on as much as you possibly can because it's good for the economy." LISTEN ABOVE See omnystudio.com/listener for privacy information.
On the Early Edition with Ryan Bridge Full Show Podcast Thursday the 27th of October 2025, Finance Minister Nicola Willis joins Ryan to talk on the final OCR cut of the year. The Northland pylon fiasco is heading to court, Northland MP Grant McCallum shares his thoughts. Business groups have come up with an alternative plan for the surcharge ban, Auckland Business Chamber CEO Simon Bridges tells Ryan what they're asking of the Government. Plus US Correspondent Mitch McCann has the latest on Steve Witkoff appearing to coach a Russian official on how to win Trump over and Black Friday sales for the American economy. Get the Early Edition Full Show Podcast every weekday on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVESee omnystudio.com/listener for privacy information.
Christchurch City Council's been selected to act as a one-stop consenting authority for large-scale supermarket developments. Finance Minister Nicola Willis says it's the latest step in the Government plan to make New Zealand attractive for new operators. She says developers previously had to navigate up to 66 different councils, processes and responses. Willis says the aim is to boost competition in a sector dominated by Foodstuffs and Woolworths by letting new entrants deal with just one authority. Business Canterbury CEO Leeann Watson told John MacDonald that the intention of having a one-stop shop regardless of the number of sites you're operating on is sound. She says that they've heard from businesses who operate across multiple sites that there's a real inconsistency across the local authorities, which can be incredibly painful to deal with. But, Watson says, whether or not this plan creates the right incentives is still yet to be seen. LISTEN ABOVE See omnystudio.com/listener for privacy information.
There's growing speculation that National is looking to oust Chris Luxon as leader ahead of the election, but Finance Minister Nicola Willis is disputing these rumours. Reports have claimed National is looking to replace Luxon with Chris Bishop, but this is mostly speculation. Nicola Willis says the party has a Prime Minister who's delivering significant reforms - and making good on the promises National campaigned on. LISTEN ABOVESee omnystudio.com/listener for privacy information.
On the Heather du Plessis-Allan Drive Full Show Podcast for Monday, 24 November 2025, if you're building a new home or doing a biggish renovation you'll soon be forced to buy a building warranty in case of building faults. Building Minister Chris Penk talks to Heather about the details. Koura's Rupert Carlyon says employers should be stopped from decreasing salaries to accommodate higher Kiwisaver contribution rates. The eye-watering amount of food that gets thrown away every year - and the surprising worst offender. Finance Minister Nicola Willis hits back at suggestions that Prime Minister Chris Luxon might get rolled by one of his MPs. Plus, the Huddle debates why we're so fed up with Air New Zealand, its service and especially its prices! 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.
Rail Minister Winston Peters said the budget for the new Cook Strait ferry project is less than half the cost of the previous Government's ill-fated mega ferry plan, even though the new ferries cost a bit more.The total project cost will be under 2 billion dollars. In making the big announcement in Wellington, he lost no opportunity to stick the boot into the iReX plan, which was scuppered by Finance Minister Nicola Willis in 2023.
The Government is delaying hiking the levy most home owners pay via their private insurers to fund the Natural Hazards Commission until 2027. The $552 levy was supposed to go up by between $207 and $311, but reports claim ministers are still considering their options, with Finance Minister Nicola Willis saying she didn't want to make a 'hurried decision'. NZ Herald Wellington business editor Jenee Tibshraeny explained further. LISTEN ABOVESee omnystudio.com/listener for privacy information.
The Government is delaying hiking the levy most home owners pay via their private insurers to fund the Natural Hazards Commission until 2027. The $552 levy was supposed to go up by between $207 and $311, but reports claim ministers are still considering their options, with Finance Minister Nicola Willis saying she didn't want to make a 'hurried decision'. NZ Herald Wellington business editor Jenee Tibshraeny explained further. LISTEN ABOVESee omnystudio.com/listener for privacy information.
On the Heather du Plessis-Allan Drive Full Show Podcast for Monday, 17 November 2025, Transport Minister Chris Bishop explains why the Government is moving to make importing dirty cars cheaper. The Supreme Court has ruled that Uber drivers are employees, Anita Rosentreter from the Workers First Union speaks about the implications for drivers. Finance Minister Nicola Willis gives a very strong hint about next year's election date, and reveals when she found out that Andrew Coster was part of an IPCA investigation into disgraced Jevon McSkimming. MBIE's Ian Caplin explains what parents need to know about the magic sand asbestos warning. Plus, the Huddle debates polls that show Kiwis support for Labour's CGT and why the Government is rating so poorly in the latest Ipsos survey. 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.
New polling data has revealed less Kiwis have faith the current Government can turn the economy around ahead of the upcoming election. A New Zealand Herald-Kantar poll has found voters are evenly split on Labour's proposed capital gains tax and about 45 percent of respondents in an IPSOS survey scored the Luxon-led Government below 3 out of 10. Finance Minister Nicola Willis says it's clear a significant number of people are still opposed to the capital gains tax and the Government has plenty of time to expose the negative impacts. "There's also a big, undecided group in the middle and those are the people that we will be speaking to between now and the election." LISTEN ABOVESee omnystudio.com/listener for privacy information.
The Finance Minister's being urged to take urgent and decisive action on our banking sector. Ministers have accepted most of the recommendations of a select committee inquiry into the industry, including directing the Reserve Bank to focus on more competition. But banking expert Andrew Body says Nicola Willis needs to go further. He told Mike Hosking the Minister should be seeking law changes and a harmonisation of Australian and New Zealand banking rules. Body says the Minister should be ringing Treasury Secretary Ian Rennie, asking for a proposal for legislative change by 8am Monday. LISTEN ABOVE See omnystudio.com/listener for privacy information.
The Prime Minister has indicated trade talks with India are progressing well - and speculation claims both nations could have a trade deal by next year. Trade Minister Todd McClay has been hosting Commerce Minister Piyush Goyal in Auckland for a fifth round of talks on a trade deal. Finance Minister Nicola Willis won't disclose too much, but she says good progress is being made. LISTEN ABOVESee omnystudio.com/listener for privacy information.
On the Heather du Plessis-Allan Drive Full Show Podcast for Monday, 10 November 2025, the Maori Party has expelled two of its own MPs in the latest episode of the party's implosion. Former leader Te Ururoa Flavell speculates where this will go next. ANZ chief executive Antonia Watson defends the company's huge $2.5 billion profit - a 21% rise! Cook Islands opposition leader Tina Browne reacts to news that New Zealand has suspended $30 million dollars in funding over its diplomatic spat with the Cooks. Finance Minister Nicola Willis talks bank profits and asset sales. The Huddle debates the future of the Maori Party and the Cooks. Plus, how producer Antz found out he was owed $400 dollars ... and you might be too! 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.
The Prime Minister has indicated trade talks with India are progressing well - and speculation claims both nations could have a trade deal by next year. Trade Minister Todd McClay has been hosting Commerce Minister Piyush Goyal in Auckland for a fifth round of talks on a trade deal. Finance Minister Nicola Willis won't disclose too much, but she says good progress is being made. LISTEN ABOVESee omnystudio.com/listener for privacy information.
Banks are under pressure to deliver customers more value. ANZ's announced a 21% rise in annual profit days after Westpac confirmed a 13% rise. Finance Minister Nicola Willis says with bank profits this high, customers should be seeing breakthrough innovation or new technology. Simplicity Chief Economist Shamubeel Eaqub told Ryan Bridge we need our banks to be successful, but we also need them to compete for our business. He says we have a banking sector that's extraordinarily safe and profitable, but not very innovative, and we need to ask why we're paying so much for so little. LISTEN ABOVE See omnystudio.com/listener for privacy information.
The government is no longer soley focued on attracting Blockbuster films like the Lord of the Rings and Avatar to these shores, it's now hoping to give the industry a boost by offering incentives to smaller productions, too. Finance Minister Nicola Willis announced today it's expanding eligibility for the International Screen Production Rebate scheme to allow smaller budget productions and digital effects only projects to benefit from the rebate. One actor says the changes couldn't comes soon enough. Kim Baker Wilson reports.
On the Heather du Plessis-Allan Drive Full Show Podcast for Monday, 3 November 2025, Dame Noeline Taurua has raised more questions than answers after her round of interviews. Employment expert Max Whitehead says it's clear Netball NZ has not acted appropriately in the saga. 120 police officers are under investigation for falsifying 30,000 breath tests. Acting Deputy Police Commissioner Jill Rogers explains how this happened. Media commentator Duncan Greive reacts to news that Simon Dallow will step down after 19 years at the 6pm newsreader desk. Finance Minister Nicola Willis on Andrew Bayly and Westpac's 13% profit rise. Plus, the Huddle debates new research that has quantified the amount of unpaid labour we do in a day. 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.
Governing parties have been quick to condemn Labour's proposed capital gains tax policy. The opposition announced the policy for next year's election campaign, targeting commercial and investment properties, but not family homes. It would funnel the revenue into health. Finance Minister Nicola Willis has been quick to label this scheme as 'half-baked' - and it'll likely drive the country further into debt. "I'm just pleased that New Zealand today can see Labour's alternative for what it is. It's a Labour-Te Pāti Māori-Greens Government that will tax you more, drive the country further into debt and put the economy at risk." LISTEN ABOVESee omnystudio.com/listener for privacy information.
On the Heather du Plessis-Allan Drive Full Show Podcast for Tuesday, 28 October 2025, Labour has confirmed its worst case secret: a Capital Gains Tax will be brought in if Labour wins the next election. Heather asks Chris Hipkins about all the ins and outs of the new policy. Netball NZ Chief Executive Jennie Wyllie says it wasn't a mistake to stand Dame Noeline Taurua down - but can't say what changes will be made when Taurua returns as coach. Teaching kids consent will be mandatory for schools soon, but sex education therapist Jo Robertson says we could go further. Finance Minister Nicola Willis encourages Air NZ's new boss to tidy his own house first before asking the Government for money. Plus, on the Huddle, Josie Pagani tries to convince Heather and Trish Sherson of the need for a CGT. Good luck Josie! 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.
Labour has announced what some are describing a “watered down” version of a Capital Gains Tax. This targeted CGT would affect profit made after July 2027 from selling a commercial or residential property, excluding the family home. Leader Chris Hipkins promises nine out of 10 Kiwis won’t pay tax on what they own, and it’ll allow everyone to get three free doctors visits a year. On the flip side, National’s calling it an “attack on investment and savings” - with Finance Minister Nicola Willis saying it would “put New Zealand’s economic recovery at risk”. Today on The Front Page, Infometrics economist Brad Olsen is with us to dive into the details of Labour’s latest pitch to the public.See omnystudio.com/listener for privacy information.
Changes to lending restrictions are on the cards. Finance Minister Nicola Willis is welcoming the Reserve Bank consulting with banks on easing loan to value restrictions from December. The central bank's looking at increasing the new lending limit for first-home buyers and property investors. Banking Association CEO Roger Beaumont says this is really good - and will give first-home buyers more flexibility. "They're taking advantage of what I'd call the 'sweet spot' of softer house prices, combined with declining interest rates." LISTEN ABOVESee omnystudio.com/listener for privacy information.
Participation in local elections is at a historic low and there's growing calls for reform. Turnout's been higher in rural areas and much lower in the main cities, but data shows under 40 percent of eligible voters made their voices heard. Finance Minister Nicola Willis says a simpler solution is needed, much like the general elections. "It might be simpler if it was just - turn up and vote. Turn up to the booth, turn up to the place just as you do for the general Government elections." LISTEN ABOVESee omnystudio.com/listener for privacy information.
Labour claims a promise isn't being kept - as the Government mulls selling its stake in Chorus. Finance Minister Nicola Willis today said the Government's considering selling the 61 percent stake in the telecoms infrastructure company - now rollout of ultra-fast broadband is complete. She says the money from a sale would be spent on hospitals and schools. But Chris Hipkins told Heather du-Plessis Allan that they've broken their word. He says National promised no asset sales - and this would fall into that category. LISTEN ABOVESee omnystudio.com/listener for privacy information.
The Finance Minister says she's okay with a short spike in inflation. The Reserve Bank has slashed the cash rate 50-basis-points to 2.5% and is leaving the door open to further cuts. It expects inflation to reach or surpass 3% in the short term but believes the economy is weak enough to push inflation back down again next year. Nicola Willis told Mike Hosking we won't see another long-period of sustained much-higher inflation. She says a little blip's okay, but the three years of high inflation under the last government is not okay. LISTEN ABOVE See omnystudio.com/listener for privacy information.
The Reserve Bank has cut the OCR by 50 basis points to 2.5 percent, despite acknowledging inflation is still above where they'd like it. Finance Minister Nicola Willis says they've factored in broader economic conditions. She says the central bank clearly thinks any fluctuation in inflation will be constrained by spare capacity in the economy. Newstalk ZB senior political correspondent Barry Soper says this will come as good news as more people are set to roll into lower mortgage rates. LISTEN ABOVESee omnystudio.com/listener for privacy information.
On the Heather du Plessis-Allan Drive Full Show Podcast for Monday, 6 October 2025, Foreign Minister Winston Peters tells Heather about the protesters that keep turning up outside his house night after night. Heather applauds the Government's tough love attitude to unemployed teenagers. The Finance Minister Nicola Willis gets a grilling over ex-RBNZ governor Adrian Orr's $416,000 golden parachute payment. Just 60% of 13-17 year olds know how to cook three or more meals - does this reflect badly on us parents? Plus, the Huddle debates young people on the benefit and Adrian Orr's big payday. 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.
Former Reserve Bank Governor Adrian Orr is in for a significant payday. He resigned in March, following a funding disagreement, with tensions between Treasury, the bank, and the Finance Minister. The central bank's annual report shows Orr will receive a $416,000 restraint of trade payment this month. Finance Minister Nicola Willis says she wasn't informed of this until today. "I had been assured that they had done those negotiations in accordance with the terms and conditions in his contract, which had already been agreed when he was reappointed as Governor in 2022." LISTEN ABOVESee omnystudio.com/listener for privacy information.
Over the weekend, the Government confirmed it wouldn't recognise Palestinian statehood - for the time being. Winston Peters made the announcement at the UN General Assembly, saying conditions weren't yet right. Finance Minister Nicola Willis has defended this move - and says no matter what happened, one side would have taken issue with their choice. "We, as a Cabinet, decided to do what we believed was an independent, New Zealand-based decision - based very much on the facts in front of us what we thought was the best thing." LISTEN ABOVESee omnystudio.com/listener for privacy information.
Three hundred potential candidates were identified in the hunt for our new Reserve Bank Governor. The role has gone to Anna Breman, who was the First Deputy Governor of Sweden's central bank. Finance Minister Nicola Willis says it was a a tough competition amongst candidates. "The Reserve Bank went through a process of both advertising and also doing a large international search to consider people that could be qualified for the role." LISTEN ABOVESee omnystudio.com/listener for privacy information.
Today on the show… Prime Minister Christopher Luxon and Finance Minister Nicola Willis ranking 15th and 13th among business leaders, a shockingly low position. ACT Party Leader and Deputy Prime Minister David Seymour shares his thoughts on government spending and regulatory reforms. Website: https://www.rova.nz/home/podcasts/duncan-garner---editor-in-chief Instagram: @DuncanGarnerpodcast TikTok: @DuncanGarnerpodcast Learn more about your ad choices. Visit megaphone.fm/adchoices
On the Heather du Plessis-Allan Drive Full Show Podcast for Wednesday, 24 September 2025, first we got Ikea and now we get a Swedish Reserve Bank Governor! Finance Minister Nicola Willis tells Ryan Bridge why Dr. Anna Breman got the top job. US president Donald Trump's visit at the UN was as fiery as expected, including getting stuck on an escalator! US correspondent Jonathan Kearsley was there for it all. Auckland Council has officially voted in favour of 15-storey apartment blocks along major arterial routes in central Auckland. NIMBYs can still protest during the consultation protest though! Should Kiwis pay to park at our national parks? Federated Mountain Clubs are not happy with it. Plus, the Huddle debates the damning result from today's Mood of the Boardroom. 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.
Nicola Willis admits the economy isn't where the Government would like it to be. The Herald's annual Mood of the Boardroom survey shows business leaders are less optimistic about the economy than they were a year ago. Only a third of respondents back the Government's current growth agenda. The Finance Minister told Mike Hosking they're hearing the call for harder, faster action, loud and clear. She says business leaders broadly think the Government's doing the right things, but she accepts the Government isn't there yet when it comes to economic growth. LISTEN ABOVE See omnystudio.com/listener for privacy information.
The new Reserve Bank governor will be announced by Finance Minister Nicola Willis tomorrow.
Finance Minister Nicola Willis and the wider coalition Government have been under pressure since gross domestic product figures last week showed a sharper economic contraction than had been expected. Money correspondent Susan Edmunds reports.
On the Heather du Plessis-Allan Drive Full Show Podcast for Monday, 22 September 2025, Australia, the UK and Canada have officially recognised the state of Palestine... but New Zealand is holding out. What are we waiting for? Finance Minister Nicola Willis defends the Government's spend on infrastructure projects and the state of the economy - after more than $400 million of school infrastructure spend is being fast-tracked. Another bloody strike! 13,000 hospital appointments have been cancelled because senior doctors are off work for the next two days. The staggering amount overseas gamblers are betting on our local football league - and why that's making players vulnerable to match fixing offers. Plus, the Huddle debates the Government's desperate fight to win the narrative on the economy back. 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.
The economy had a worse than expected drop in the June quarter, shrinking 0.9%. Finance Minister Nicola Willis has blamed it on global turmoil, but the Reserve Bank of New Zealand says there's a need to provide more stimulus to the economy by cutting the OCR. LISTEN ABOVESee omnystudio.com/listener for privacy information.
Finance Minister Nicola Willis says a new Reserve Bank Governor will be announced “very shortly” as she comes under growing pressure to tackle New Zealand's economic woes. Economists are calling on the Reserve Bank to cut the Official Cash Rate more aggressively after yesterday's shock GDP result. New Zealand's gross domestic product (GDP) fell by 0.9% in the June quarter, a reduction well over market expectations. Expectations were for a 0.4% decline in GDP, while Reserve Bank forecasts were for a 0.3% drop. The worse-than-expected outcome could mean the Reserve Bank will cut its Official Cash Rate (OCR) more aggressively than was previously thought, economists said. In an interview with Newstalk ZB's Mike Hosking this morning, Willis was asked what she expects from the Reserve Bank to address the situation. “I will very shortly be announcing a new governor for the Reserve Bank. Obviously, we've had a chair change at the Reserve Bank. We are refreshing that institution and I think that is very good indeed,” Willis said. She would not give a specific date for the announcement, instead describing it as happening “very shortly”. She confirmed she knew who the new Governor is. Christian Hawkesby is the current Acting Governor of the Reserve Bank. He was appointed to a six-month term in April following Adrian Orr's resignation in March. Willis told Hosking Kiwis shouldn't get down about the latest drop in GDP and we mustn't talk our way into a recession. She says we shouldn't overreact to a bad quarter – we've got to keep playing the full game, dig in, and do the things that are needed to grow the economy. LISTEN ABOVESee omnystudio.com/listener for privacy information.
On the Mike Hosking Breakfast Full Show Podcast for Friday 19th of September, Sir John Key has some advice for Finance Minister Nicola Willis, who has some tough questions to answer after that Q2 GDP result. The Government is flying the flag for the wool industry in China. Kate Hawkesby and Tim Wilson take a pop quiz and discuss school holidays plans as they Wrap the Week. Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVE See omnystudio.com/listener for privacy information.
On the Heather du Plessis-Allan Drive Full Show Podcast for Thursday, 18 September 2025, the economy contracted much more sharply than anticipated in the second quarter. Finance Minister Nicola Willis speaks to Heather about just how bad the GDP result is. Self-driving Teslas are officially driving around New Zealand, but nobody knows exactly what the rules are. Motorsport legend Greg Murphy weighs in. A report reveals more than half of us think gender equality has been achieved, but 1 in 3 young men think equality has gone too far. Plus, the Huddle debates whether Jimmy Kimmel deserved to be sacked for his Charlie Kirk comments. 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.
Your Most Played Moment Of 2025: In this exclusive interview from inside the Beehive, Finance Minister Nicola Willis joins us to discuss NZ's economic future covering everything from housing affordability, debt, and financial literacy to KiwiSaver, exports, and why cutting red tape is critical for growth.Watch the full episode hereThe Minister's appearance is not an endorsement of any particular financial advice service or company.For more money tips follow us on:FacebookInstagramThe content in this podcast is the opinion of the hosts. It should not be treated as financial advice. It is important to take into consideration your own personal situation and goals before making any financial decisions.
Copies of text messages just released by Treasury confirm Adrian Orr was likely to be sacked if he didn't resign as Reserve Bank Governor. The process was so advanced, Secretary to the Treasury Iain Rennie warned Finance Minister Nicola Willis she might receive a recommendation from the Reserve Bank board to advise the Governor-General to remove Orr. NZ Herald Wellington business editor Jenee Tibshraeny explained further, LISTEN ABOVESee omnystudio.com/listener for privacy information.
New Zealand First is backing major changes to KiwiSaver ahead of the election and it's sparked discussion about what this could mean going forward. The party's announced it will campaign on compulsory employee and employer contributions rising to 10 percent, to be offset with tax cuts. Finance Minister Nicola Willis says this will likely be a significant issue ahead of the election, but she's voiced concerns about the tax cuts. "For context, our tax package that we delivered after the election was $3.7 billion - so that is a heck of a lot of tax cuts. So the question then becomes - how do we fund that?" LISTEN ABOVESee omnystudio.com/listener for privacy information.
The resignation of the Reserve Bank chair Neil Quigley was announced by Finance Minister Nicola Willis last night as happening with "immediate effect". It came after months of close scrutiny over his handling of Adrian Orr's resignation as Governor. Quigley described Orr's resignation, in early March, as a "personal decision" but a series of revelations followed that cast doubt on that. Minister Willis declined to be interviewed on Saturday Morning but in a pre-recorded interview to RNZ last night she said "Mr Quigley chose to tend his resignation. If he had not offered his resignation, I would have asked him for it." RNZ Business Editor Gyles Beckford has the latest.
Reserve Bank board chairman Neil Quigley has resigned “with immediate effect” in the wake of the shambolic handling of Adrian Orr's resignation as Governor. Finance Minister Nicola Willis made the announcement just before 6pm on Friday - the day after the Reserve Bank revealed Orr temporarily stepped down as Governor a week before the public was told he resigned The Finance Minister says she did not ask the Reserve Bank Chair to quit, following news he's resigned with immediate effect. Nicola Willis told Heather du Plessis-Allan that having completed key work streams with the bank, Quigley said the timing was appropriate. Willis says she raised criticism around the board's handling of information relating to the former Governor's exit. LISTEN ABOVESee omnystudio.com/listener for privacy information.
On the Heather du Plessis-Allan Drive Full Show Podcast for Friday, 29 August 2025, Reserve Bank chair Neil Quigley has quit with immediate effect. Finance Minister Nicola Willis tells Heather if he hadn't left voluntarily, she would have sacked him. The Marokopa fugitive dad and his kids have burgled a dairy this week - but police don't sound like they're actively trying to find them. Why did Heather have to apologise to TVNZ CEO Jodi O'Donnell? A member of the Mongrel Mob has asked a judge for his confiscated patch back and the judge has said yes.. because of tikanga. Law Professor Al Gillespie says it was a good call. Plus, the Sports Huddle on this week's discussion about the risk of longlasting brain injuries from rugby - and whether more needs to be done to prevent them. 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.
Supermarket experts say there is no clear player waiting in the wings to rev up competition for cheaper groceries. That's despite Finance Minister Nicola Willis name dropping Costco in her announcement on reforms to the sector this week. Costco was one of a number of players she mentioned that had been in touch - and are interested in the New Zealand market. So how realistic is it? Money Correspondent Susan Edmunds reports.
On the Heather du Plessis-Allan Drive Full Show Podcast for Wednesday, 27 August 2025, Finance Minister Nicola Willis is slashing red tape in the hope it will attract another supermarket player to expand into New Zealand. Insurance costs have risen 900% in the past 25 years. Heather asks Kris Faafoi from the Insurance Council whether it's company greed or necessity. AT tries to defend its $63 million roadcone bill. The Huddle debates whether the Prime Minister was being cringe with his Facebook video inviting Taylor and Travis to get married in New Zealand. Plus, HE DID NOT! Heather reveals the outrageous thing her husband asked her. 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.
You can't tax your way to prosperity - but you can grow the pie. In this exclusive interview from inside the Beehive, Finance Minister Nicola Willis joins us to discuss NZ's economic future covering everything from housing affordability, debt, and financial literacy to KiwiSaver, exports, and why cutting red tape is critical for growth.The Minister's appearance is not an endorsement of any particular financial advice service or company.For more money tips follow us on:FacebookInstagramThe content in this podcast is the opinion of the hosts. It should not be treated as financial advice. It is important to take into consideration your own personal situation and goals before making any financial decisions.
The government had promised to push back on the 15% tariff on New Zealand exports to the United States. The White House revised a swathe of rates today, lifting New Zealand's tariff from 10 to 15%. Trade Minister Todd McClay said the jump is a real concern for exporters who can only absorb or pass on so much of the additional costs. Both he and Finance Minister Nicola Willis took questions this afternoon. Political reporter Anneke Smith was there and spoke to Lisa Owen.
Rates, rent and power are a trio of factors responsible for driving up inflation, which has now jumped to a 12-month high. Stats NZ data showed food costs were also surging, alongside rates shooting up by 12.2% and electricity rising by more than 8%. However inflation is still within the Reserve Bank's target band and Finance Minister Nicola Willis has said it is under control. But the opposition said it shows the cost of living is still a problem. Kiwi bank Economist Jarrod Kerr spoke to Melissa Chan-Green.