The Retirement Commissioner is calling for action on the size of houses being built, with downsizing issues causing a headache for retirees and older people. 

Two-bedrooms are fewer than 20% of the new stock and one-bedroom homes are less than 10%, with new terraced housing being unsuitable. 

Jane Wrightson is the Retirement Commissioner and joins Jack Tame to discuss the urgent need for smaller homes. 

LISTEN ABOVE

The Retirement Commissioner is calling for action on the size of houses being built, with downsizing issues causing a headache for retirees and older people.&nbsp;
Two-bedrooms are fewer than 20% of the new stock and one-bedroom homes are less than 10%, with new terraced housing being unsuitable.&nbsp;
Jane Wrightson is the Retirement Commissioner and joins Jack Tame to discuss the urgent need for smaller homes.&nbsp;
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Jane Wrightson: Retirement Commissioner calls for smaller homes to be built

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/b852b2a1-3fb8-4e8d-9551-b203005c3b8f/transcript

Listen to the Heather du Plessis-Allan Drive Full Show Podcast for Tuesday  8 October.

Get the Heather du Plessis-Allan Drive Full Show Podcast every weekday evening on iHeartRadio, or wherever you get your podcasts.

Listen to the Heather du Plessis-Allan Drive Full Show Podcast for Tuesday 8 October. 
Get the Heather du Plessis-Allan Drive Full Show Podcast every weekday evening on iHeartRadio, or wherever you get your podcasts.

Full Show Podcast: 08 October 2024 

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/0971d9b9-538a-4d30-a0c6-b20300663828/transcript

Tonight on the Huddle, CEO of the Maxim Institute Tim Wilson and Ali Jones from Red PR joined in on a discussion about the following issues of the day - and more!

A sea turtle was filmed struggling in an oil spill near the HMNZS Manawanui wreck site. How much money should we be putting into fixing this disaster?

Auckland dog shelters are forced to euthanise more dogs than at any point in the past decade - 11 per day. 

Sophia Crestani coronial findings and calls for improved safety at student parties. How feasible is this?

Tui's 'Yeah right' billboard referencing Philip Polkinghorne falls flat with social media users. 

Bluebridge ferry Connemara damages a wharf on Picton in a berthing mishap. 

LISTEN ABOVE

Tonight on the Huddle, CEO of the Maxim Institute Tim Wilson and Ali Jones from Red PR joined in on a discussion about the following issues of the day - and more!
A sea turtle was filmed struggling in an oil spill near the HMNZS Manawanui wreck site. How much money should we be putting into fixing this disaster?
Auckland dog shelters are forced to euthanise more dogs than at any point in the past decade - 11 per day.&nbsp;
Sophia Crestani coronial findings and calls for improved safety at student parties. How feasible is this?
Tui's 'Yeah right' billboard referencing Philip Polkinghorne falls flat with social media users.&nbsp;
Bluebridge ferry Connemara damages a wharf on Picton in a berthing mishap.&nbsp;
LISTEN ABOVE

The Huddle: How much should we give to fix what happened in Samoa?

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/380733f0-3689-4276-8a84-b20300602c17/transcript

I went for a walk along K Road the other night and saw something I hadn't seen in the longest time: A new restaurant. 

I didn't even step inside but it felt like a drink of cold water for a parched man in the desert. When was the last time I saw one of those? 

It is, of course, a rarity. And hardly a sign that the entire economy is ready to take off. The number of new restaurants in that part of town is still comfortably outnumbered by the number of 'For Lease' signs.

But as the Reserve Bank prepares for tomorrow's call on the OCR, two things give me optimism that they'll be leaning more towards 50 basis points than 25. 

The first is if the economists are right, inflation is already back down within the target band or maybe even closer to 2% than we dare to hope. 

It occurs to me that migration inflows have really significantly slowed over recent months. That in turn is reducing pressure on rents, which was one of the stickier parts of the inflation picture over the previous few quarters. 

The next CPI data is released in a week, so we get the OCR call before we get inflation data. But if that's the case and we are within the target band - and especially if we're closer to 2% then 3% - there's a pretty decent argument the Reserve Bank should be moving quickly to get us somewhere closer to a neutral cash rate. 

The second point that gives me a bit of optimism is timing. If this were April, I might feel a bit more meh. But after tomorrow there's only one OCR call before the summer break, and then it's a looong wait until February's next decision. While waiting to see what comes of the U.S. election, the Reserve Bank might rightly be concerned about being left behind by other central banks over the three month break between innings. 

The markets say yes to 50 basis points. The banks are saying yes to 50. As someone refixing his mortgage in a month... I say yes, please.

I went for a walk along K Road the other night and saw something I hadn't seen in the longest time: A new restaurant.&nbsp;
I didn't even step inside but it felt like a drink of cold water for a parched man in the desert. When was the last time I saw one of those?&nbsp;
It is, of course, a rarity. And hardly a sign that the entire economy is ready to take off. The number of new restaurants in that part of town is still comfortably outnumbered by the number of 'For Lease' signs.
But as the Reserve Bank prepares for tomorrow's call on the OCR, two things give me optimism that they'll be leaning more towards 50 basis points than 25.&nbsp;
The first is if the economists are right, inflation is already back down within the target band or maybe even closer to 2% than we dare to hope.&nbsp;
It occurs to me that migration inflows have really significantly slowed over recent months. That in turn is reducing pressure on rents, which was one of the stickier parts of the inflation picture over the previous few quarters.&nbsp;
The next CPI data is released in a week, so we get the OCR call before we get inflation data. But if that's the case and we are within the target band - and especially if we're closer to 2% then 3% - there's a pretty decent argument the Reserve Bank should be moving quickly to get us somewhere closer to a neutral cash rate.&nbsp;
The second point that gives me a bit of optimism is timing. If this were April, I might feel a bit more meh. But after tomorrow there's only one OCR call before the summer break, and then it's a looong wait until February's next decision. While waiting to see what comes of the U.S. election, the Reserve Bank might rightly be concerned about being left behind by other central banks over the three month break between innings.&nbsp;
The markets say yes to 50 basis points. The banks are saying yes to 50. As someone refixing his mortgage in a month... I say yes, please.

Jack Tame: Bring on 50 basis points

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/68f461a3-325d-4d48-92c3-b2030056c892/transcript

Jane Wrightson: Retirement Commissioner calls for smaller homes to be built

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