Newstalk ZB's Canterbury Mornings was thrilled to host Charlie and Craig Reid of The Proclaimers live in the studio today. 

John talked to the Scottish legends about their musical journey, the new album 'Dentures Out', and their concert tonight in Christchurch, which is part of their biggest New Zealand tour to date. 

LISTEN ABOVE

Newstalk ZB's Canterbury Mornings was thrilled to host Charlie and Craig Reid of The Proclaimers live in the studio today. 
John talked to the Scottish legends about their musical journey, the new album 'Dentures Out', and their concert tonight in Christchurch, which is part of their biggest New Zealand tour to date. 
LISTEN ABOVE

Every weekday join the new voice of local issues on Canterbury Mornings with John MacDonald, 9am-12pm weekdays.

It’s all about the conversation with John, as he gets right into the things that get our community talking.

If it’s news you’re after, backing John is the combined power of the Newstalk ZB and New Zealand Herald news teams. Meaning when it comes to covering breaking news – you will not beat local radio.

With two decades experience in communications based in Christchurch, John also has a deep understanding of and connections to the Christchurch and Canterbury commercial sector.

Newstalk ZB Canterbury Mornings 9am-12pm with John MacDonald on 100.1FM and iHeartRadio.

Every weekday join the new voice of local issues on Canterbury Mornings with John MacDonald, 9am-12pm weekdays. It’s all about the conversation with John, as he gets right into the things that get our community talking. If it’s news you’re after, backing John is the combined power of the Newstalk ZB and New Zealand Herald news teams. Meaning when it comes to covering breaking news – you will not beat local radio. With two decades experience in communications based in Christchurch, John also has a deep understanding of and connections to the Christchurch and Canterbury commercial sector. Newstalk ZB Canterbury Mornings 9am-12pm with John MacDonald on 100.1FM and iHeartRadio.

Every weekday join the new voice of local issues on Canterbury Mornings with John MacDonald, 9am-12pm weekdays.It’s all about the conversation with John, as he gets right into the things that get our community talking.

Canterbury Mornings with John MacDonald

The Proclaimers: Rock duo on their musical journey, new album, and the Christchurch concert

Sometimes it seems that Labour’s decision to ban exploration for fossil fuels gets blamed for nearly every problem we’re dealing with in New Zealand.

And today is no different. With Labour copping the blame for the closure of the big Methanex manufacturing plant, in Taranaki.

The company has announced that it’s closing the methanol plant, which uses as much as 40 percent of the natural gas produced in New Zealand, because of what it describes as no clear path to new gas supplies.

It will stop production at the end of February. Putting about 200 jobs on the line. Which has Economic Growth Minister Nicola Willis pointing the finger at Labour.

Energy Minister Simeon Brown is piling-in too.

He says "The reason why we're in this position is because Labour decided to ban oil and gas exploration, crashed a sector, thousands of jobs in our regions lost, particularly in Taranaki, and now even more being lost."

Which is the predictable response, I suppose. But he’s wrong. So is Nicola Willis. 

And here’s why. The last really significant natural gas discovery in New Zealand was the Pohokura field in 2000, off the Taranaki coast. It was discovered in 2000 and production started in 2006. 

Since then, there’s been nothing comparable to that. And certainly nothing comparable to the Maui gas field, which was discovered off the coast of Taranaki in 1969. 

I’ve seen it described as enormous, by international standards. But there hasn’t been a second Maui. Which, by the way, is due to end production at the end of this year. 

But back to this nonsense that the Methanex plant is closing because of Labour’s gas ban. 

Rich Sumner is President and CEO of Methanex Corporation. He says: “Our New Zealand production facilities have operated for more than four decades and our people have made significant contributions to the company’s global operations and the New Zealand energy sector. However, we have also been preparing for the eventuality of this day given the declining gas availability in the country.”

Key words there: “declining availability”.

And the reason for that “declining availability” isn’t because of the gas ban. The declining availability is because we spent 18 years looking and didn‘t find anything.

Eighteen years between the last significant discovery and the start of Labour’s exploration ban. You would think, wouldn’t you, that 18 years would be long enough to discover something worthwhile.

But we didn’t. And that’s why Methanex is shutting-up shop here.

LISTEN ABOVE

Sometimes it seems that Labour’s decision to ban exploration for fossil fuels gets blamed for nearly every problem we’re dealing with in New Zealand.
And today is no different. With Labour copping the blame for the closure of the big Methanex manufacturing plant, in Taranaki.
The company has announced that it’s closing the methanol plant, which uses as much as 40 percent of the natural gas produced in New Zealand, because of what it describes as no clear path to new gas supplies.
It will stop production at the end of February. Putting about 200 jobs on the line. Which has Economic Growth Minister Nicola Willis pointing the finger at Labour.
Energy Minister Simeon Brown is piling-in too.
He says "The reason why we're in this position is because Labour decided to ban oil and gas exploration, crashed a sector, thousands of jobs in our regions lost, particularly in Taranaki, and now even more being lost."
Which is the predictable response, I suppose. But he’s wrong. So is Nicola Willis.&nbsp;
And here’s why. The last really significant natural gas discovery in New Zealand was the Pohokura field in 2000, off the Taranaki coast. It was discovered in 2000 and production started in 2006.&nbsp;
Since then, there’s been nothing comparable to that. And certainly nothing comparable to the Maui gas field, which was discovered off the coast of Taranaki in 1969.&nbsp;
I’ve seen it described as enormous, by international standards. But there hasn’t been a second Maui. Which, by the way, is due to end production at the end of this year.&nbsp;
But back to this nonsense that the Methanex plant is closing because of Labour’s gas ban.&nbsp;
Rich Sumner is President and CEO of Methanex Corporation. He says: “Our New Zealand production facilities have operated for more than four decades and our people have made significant contributions to the company’s global operations and the New Zealand energy sector. However, we have also been preparing for the eventuality of this day given the declining gas availability in the country.”
Key words there: “declining availability”.
And the reason for that “declining availability” isn’t because of the gas ban. The declining availability is because we spent 18 years looking and didn‘t find anything.
Eighteen years between the last significant discovery and the start of Labour’s exploration ban. You would think, wouldn’t you, that 18 years would be long enough to discover something worthwhile.
But we didn’t. And that’s why Methanex is shutting-up shop here.
LISTEN ABOVE

John MacDonald: More gas-bagging over the gas ban

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/bfd8ca80-bcd4-4807-9fb1-b4ba00074b8c/transcript

Nine billion dollars a year. $750 million a month. Or $24 million a day.

That’s how much interest we are currently paying on government debt. Just the interest.

But, despite that, the Government thinks it’s a good idea to borrow more money to cover the cost of the revenue it’s not going to get because of the fuel tax freeze.

The Transport Minister has confirmed that more money is going to have to be bow-wowed. Because the Government’s books are in deficit.

Chris Bishop says borrowing is the only way to do it, given the state of the country’s finances.

Which comes at a time when we are spending $9 billion a year just paying the interest on government debt.

It is nothing short of lunacy.

I’m not against governments borrowing money. But it has to be money for essential things like infrastructure.

If we have to, borrow money to build roads. If we have to, borrow money to build hospitals.

But don’t go borrowing money because you’ve decided, for whatever reason, to deny yourself revenue because of this political paranoia about taxation.

Politicians go on all the time about the Government having to run the books just like you and I run our household budgets.

So sticking with that analogy, what the Government’s doing with this plan to borrow money to pay for its decision to play politics with taxation is like someone getting a loan from the bank to pay for the kids’ pocket money.

The kids are happy but, because the money has to be paid back with interest, they struggle to pay the powerbill during winter.

Sounds nuts? That’s exactly what the Government is doing with its borrowing to pay for less tax revenue. It’s exactly what Labour did too.

Remembering that the long-term picture when it comes to government debt isn’t pretty. We’re heading for a situation in the next few decades where government debt will be 180 percent of GDP.

Yet, these politicians in Labour and National, claim to be the ones who know what it takes to run the economy. And they think more debt is the answer. Do me a favour.

LISTEN ABOVE

Nine billion dollars a year. $750 million a month. Or $24 million a day.
That’s how much interest we are currently paying on government debt. Just the interest.
But, despite that, the Government thinks it’s a good idea to borrow more money to cover the cost of the revenue it’s not going to get because of the fuel tax freeze.
The Transport Minister has confirmed that more money is going to have to be bow-wowed. Because the Government’s books are in deficit.
Chris Bishop says borrowing is the only way to do it, given the state of the country’s finances.
Which comes at a time when we are spending $9 billion a year just paying the interest on government debt.
It is nothing short of lunacy.
I’m not against governments borrowing money. But it has to be money for essential things like infrastructure.
If we have to, borrow money to build roads. If we have to, borrow money to build hospitals.
But don’t go borrowing money because you’ve decided, for whatever reason, to deny yourself revenue because of this political paranoia about taxation.
Politicians go on all the time about the Government having to run the books just like you and I run our household budgets.
So sticking with that analogy, what the Government’s doing with this plan to borrow money to pay for its decision to play politics with taxation is like someone getting a loan from the bank to pay for the kids’ pocket money.
The kids are happy but, because the money has to be paid back with interest, they struggle to pay the powerbill during winter.
Sounds nuts? That’s exactly what the Government is doing with its borrowing to pay for less tax revenue. It’s exactly what Labour did too.
Remembering that the long-term picture when it comes to government debt isn’t pretty. We’re heading for a situation in the next few decades where government debt will be 180 percent of GDP.
Yet, these politicians in Labour and National, claim to be the ones who know what it takes to run the economy. And they think more debt is the answer. Do me a favour.
LISTEN ABOVE

John MacDonald: It's like getting a bank loan to pay the pocket money

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/a3f84ce5-470c-40ea-be00-b4b9000936b9/transcript

Opposition Leader Chris Hipkins is waiting for the Government to release its pre-election fiscal update before explaining how Labour would fund a freeze to fuel taxes over the next three years.

Speaking to Canterbury Mornings, Hipkins said Labour would need to wait until the government's books were opened to determine how it would fund the election promise, but he backed the party's plan to ease petrol costs for Kiwis.

"What I'm being really clear about is that we're not going to ask New Zealanders in the middle of a cost-of-living crisis to pay another 25 cents a litre every time they fill up the car."

Hipkins also discussed Labour's policy to guarantee jobs for all graduate nurses, the latest Roy Morgan poll numbers, and the Paris Agreement, which currently divides the coalition government.

LISTEN ABOVE

Opposition Leader Chris Hipkins is waiting for the Government to release its pre-election fiscal update before explaining how Labour would fund a freeze to fuel taxes over the next three years.
Speaking to Canterbury Mornings, Hipkins said Labour would need to wait until the government's books were opened to determine how it would fund the election promise, but he backed the party's plan to ease petrol costs for Kiwis.
"What I'm being really clear about is that we're not going to ask New Zealanders in the middle of a cost-of-living crisis to pay another 25 cents a litre every time they fill up the car."
Hipkins also discussed Labour's policy to guarantee jobs for all graduate nurses, the latest Roy Morgan poll numbers, and the Paris Agreement, which currently divides the coalition government.
LISTEN ABOVE

Chris Hipkins on fuel tax promises, job guarantees for graduate nurses, latest Roy Morgan poll

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/d34404c1-d28a-4871-a8e6-b4b801811c5d/transcript

The Proclaimers: Rock duo on their musical journey, new album, and the Christchurch concert

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