The Prime Minister's welcoming support from a billionaire admirer.

Elon Musk replied to a tweet by Chris Luxon this week - about being in Malaysia.

The founder of SpaceX and Tesla wrote he likes the new New Zealand PM, adding he has good energy and talks directly to the public.

Speaking from South Korea, Luxon was pleased to hear of the boost.

"That's great, I'll take support from anyone. But more importantly, I'm just focused on the job and getting things done."

LISTEN ABOVE

The Prime Minister's welcoming support from a billionaire admirer.
Elon Musk replied to a tweet by Chris Luxon this week - about being in Malaysia.
The founder of SpaceX and Tesla wrote he likes the new New Zealand PM, adding he has good energy and talks directly to the public.
Speaking from South Korea, Luxon was pleased to hear of the boost.
"That's great, I'll take support from anyone. But more importantly, I'm just focused on the job and getting things done."
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Chris Luxon: Prime Minister on receiving support from Elon Musk

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/6238e812-8741-4883-a5a2-b1e20057e9c7/transcript

The ongoing conflict in the Middle East has sparked concerns about global oil shortages, domestic rising petrol and diesel costs, and it's got experts speculating.

The Government is working to find a solution, with Energy Minister Simon Watts meeting with his counterparts in Tokyo for the Indo-Pacific Energy Security Forum to discuss the issue.

Nathan Surendran is the chair of the Wise Response Society, and he says the conflict is causing oil refineries all over the world to slow down production. 

"There is the National Fuel Plan - the Government has, effectively, a staged incremental rationing type process...it should signal that rationing is a potential possibility, because signalling it gives people time to adjust mentally." 

LISTEN ABOVE

The ongoing conflict in the Middle East has sparked concerns about global oil shortages, domestic rising petrol and diesel costs, and it's got experts speculating.
The Government is working to find a solution, with Energy Minister Simon Watts meeting with his counterparts in Tokyo for the Indo-Pacific Energy Security Forum to discuss the issue.
Nathan Surendran is the chair of the Wise Response Society, and he says the conflict is causing oil refineries all over the world to slow down production.&nbsp;
"There is the National Fuel Plan - the Government has, effectively, a staged incremental rationing type process...it should signal that rationing is a potential possibility, because signalling it gives people time to adjust mentally."&nbsp;
LISTEN ABOVE

Nathan Surendran: Wise Response Society chair on what the Middle East crisis will do to fuel supply

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/a20385e4-8b82-4dc9-b862-b40d016ca9cc/transcript

One expert has suggested Jetstar won't follow Air New Zealand in cutting upcoming domestic flights.

The airline plans to cancel about 1100 flights over the next six to eight weeks because of fuel price hikes - impacting about 44,000 passengers.

It's already raised fares to help cover costs.

Board of Airline Representatives NZ executive director Cath O'Brien, says Jetstar's unlikely to do the same because Air New Zealand's domestic network has a wider spread.

"They have a wholly different problem than Jetstar, which is operating trunk services and jets only."

LISTEN ABOVE

One expert has suggested Jetstar won't follow Air New Zealand in cutting upcoming domestic flights.
The airline plans to cancel about 1100 flights over the next six to eight weeks because of fuel price hikes - impacting about 44,000 passengers.
It's already raised fares to help cover costs.
Board of Airline Representatives NZ executive director Cath O'Brien, says Jetstar's unlikely to do the same because Air New Zealand's domestic network has a wider spread.
"They have a wholly different problem than Jetstar, which is operating trunk services and jets only."
LISTEN ABOVE

Cath O'Brien: Board of Airline Representatives NZ executive director on Air New Zealand cutting 1100 flights

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/1e1c10dc-5ae4-454b-97f1-b40b00571599/transcript

The US President's social media posts suggest he's worried about the price of oil, as the US and Israel bombard Iran into an 11th day.

More than 1700 have been killed in the Middle East - most in Iran, and hundreds in Lebanon.

Despite this, markets appear to have calmed down following the initial shock, and Milford Asset Management's Brendan Larsen explained why.

LISTEN ABOVE

The US President's social media posts suggest he's worried about the price of oil, as the US and Israel bombard Iran into an 11th day.
More than 1700 have been killed in the Middle East - most in Iran, and hundreds in Lebanon.
Despite this, markets appear to have calmed down following the initial shock, and Milford Asset Management's Brendan Larsen explained why.
LISTEN ABOVE

Brendan Larsen: Milford Asset Management expert on markets calming down from Middle East conflict shock

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/284712e8-e295-4aad-83a7-b40a00703bfa/transcript

Chris Luxon: Prime Minister on receiving support from Elon Musk

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