Business leaders aren’t sugarcoating their messages for the Government.  

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. 

Forsyth Barr Managing Director Neil Paviour-Smith told Mike Hosking concerns are being expressed about the need to tackle the difficult problems and long-term issues. 

He says there’s a need for the Government to be much clearer around the plan to tackle things like infrastructure, long-term savings, and the Crown’s fiscal position, which acts as a ball and chain around the economy. 

LISTEN ABOVE 

Business leaders aren’t sugarcoating their messages for the Government. &nbsp;
The Herald's annual Mood of the Boardroom survey shows business leaders are less optimistic about the economy than they were a year ago.&nbsp;
Only a third of respondents back the Government's current growth agenda.&nbsp;
Forsyth Barr Managing Director Neil Paviour-Smith told Mike Hosking concerns are being expressed about the need to tackle the difficult problems and long-term issues.&nbsp;
He says there’s a need for the Government to be much clearer around the plan to tackle things like infrastructure, long-term savings, and the Crown’s fiscal position, which acts as a ball and chain around the economy.&nbsp;
LISTEN ABOVE&nbsp;

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The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Neil Paviour-Smith: Forsyth Barr Managing Director on the results of the Mood of the Boardroom survey

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/2139a216-abc3-42d6-98a7-b361015bc130/transcript

Marilyn Waring. Remember her? 

Once an activist always an activist. 

Marilyn took it upon herself to form her own select committee and she and a bunch of other MPs and interested parties opened their doors for submissions on pay equity and the changes the Government made that they didn’t like. 

When doors like that get opened, people of like minds tend to wander through, and they sit around all agreeing with each other about how bad things are. 

The ensuing report, which has just been released, tells you exactly what you would think it would. 

The problem with pay equity is it's an unsolvable problem, unless you take on a North Korea/Cuba type view of the world and simply get the Government to make all the rules. 

The simple truth of it is different jobs have different values. 

Another truth is some women choose work that doesn’t pay as much as other work. Men do as well, but not as much. 

Some of the work that doesn't pay as much is predominantly done by women. 

The most famous case involved a woman called Kristine Bartlett and the aged care sector. Rightly or wrongly jobs of compassion and care tend to be done by females. I would argue that’s largely because they tend to be nicer people overall but that would probably lead to a charge of me being sexist, which I'm not. 

What I am is a realist and you can see the issue. Should age care workers be paid more? Probably. 

But if they were, who would foot the bill? The people paying the age care bills of course. 

Could we artificially boost their pay? Well, that is where we got into dreadful trouble. They ended up comparing age care workers with mechanics and got a massive pay rise. 

Trouble is it was always false. Mechanics are not age care workers any more than air stewards are. You can look for commonalities, twist logic all you want, but you either artificially mess with it, or you let the market be the market. 

Most jobs have a rationale as to why they pay what they do and at all times, all jobs are open to all people, depending on desire and skill. 

So essentially Marilyn and her mates have wasted their time. 

Logic wins. The market wins. If you want more money, do a job that pays more of it, male or female. 

Marilyn Waring. Remember her?&nbsp;
Once an activist always an activist.&nbsp;
Marilyn took it upon herself to form her own select committee and she and a bunch of other MPs and interested parties opened their doors for submissions on pay equity and the changes the Government made that they didn’t like.&nbsp;
When doors like that get opened, people of like minds tend to wander through, and they sit around all agreeing with each other about how bad things are.&nbsp;
The ensuing report, which has just been released, tells you exactly what you would think it would.&nbsp;
The problem with pay equity is it's an unsolvable problem, unless you take on a North Korea/Cuba type view of the world and simply get the Government to make all the rules.&nbsp;
The simple truth of it is different jobs have different values.&nbsp;
Another truth is some women choose work that doesn’t pay as much as other work. Men do as well, but not as much.&nbsp;
Some of the work that doesn't pay as much is predominantly done by women.&nbsp;
The most famous case involved a woman called Kristine Bartlett and the aged care sector. Rightly or wrongly jobs of compassion and care tend to be done by females. I would argue that’s largely because they tend to be nicer people overall but that would probably lead to a charge of me being sexist, which I'm not.&nbsp;
What I am is a realist and you can see the issue. Should age care workers be paid more? Probably.&nbsp;
But if they were, who would foot the bill? The people paying the age care bills of course.&nbsp;
Could we artificially boost their pay? Well, that is where we got into dreadful trouble. They ended up comparing age care workers with mechanics and got a massive pay rise.&nbsp;
Trouble is it was always false. Mechanics are not age care workers any more than air stewards are. You can look for commonalities, twist logic all you want, but you either artificially mess with it, or you let the market be the market.&nbsp;
Most jobs have a rationale as to why they pay what they do and at all times, all jobs are open to all people, depending on desire and skill.&nbsp;
So essentially Marilyn and her mates have wasted their time.&nbsp;
Logic wins. The market wins. If you want more money, do a job that pays more of it, male or female.&nbsp;

Mike's Minute: What's not being said about pay equity

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/b9df669c-c570-4b47-a90e-b3fb0163a873/transcript

Australia’s Prime Minister was evacuated from his official Canberra residence on Tuesday. 

Anthony Albanese was moved from The Lodge to another location around 6pm, as the police investigated a bomb threat. 

He was able to return once a search has been concluded, after 9pm. 

Australia Correspondent Steve Price told Mike Hosking information is currently limited, but he’s never heard of an Australian Prime Minister being evacuated from an official residence.  

LISTEN ABOVE 

Australia’s Prime Minister was evacuated from his official Canberra residence on Tuesday.&nbsp;
Anthony Albanese was moved from The Lodge to another location around 6pm, as the police investigated a bomb threat.&nbsp;
He was able to return once a search has been concluded, after 9pm.&nbsp;
Australia Correspondent Steve Price told Mike Hosking information is currently limited, but he’s never heard of an Australian Prime Minister being evacuated from an official residence. &nbsp;
LISTEN ABOVE&nbsp;

Steve Price: Australian Correspondent on Albanese being evacuated from official residence, Royal Commission into anti-Semitism

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/b4d74e79-e4a8-4c1c-8ca3-b3fb0162b21e/transcript

A Kiwi start-up's labours are bearing fruit. 

‘Forever Harvest’ has raised $1.2 million to grow fruit and nuts in a lab, all year round. 

The project uses cellular agriculture, removing the need for orchards or soil and making production climate resistant.  

Co-Founder Mick Riley told Mike Hosking they’re not looking to replace things like bulk cherries or bulk nectarines, but rather they’re creating a whole new kind of high value ingredient. 

The products would be for commercial use, he says, as they’re not looking to compete in the consumer market. 

LISTEN ABOVE 

A Kiwi start-up's labours are bearing fruit.&nbsp;
‘Forever Harvest’ has raised $1.2 million to grow fruit and nuts in a lab, all year round.&nbsp;
The project uses cellular agriculture, removing the need for orchards or soil and making production climate resistant. &nbsp;
Co-Founder Mick Riley told Mike Hosking they’re not looking to replace things like bulk cherries or bulk nectarines, but rather they’re creating a whole new kind of high value ingredient.&nbsp;
The products would be for commercial use, he says, as they’re not looking to compete in the consumer market.&nbsp;
LISTEN ABOVE&nbsp;

Mick Riley: Forever Harvest Co-Founder on their efforts to cultivate lab-grown fruit and nuts year round

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/568d55a6-09e5-408f-ba77-b3fb015a507b/transcript

Neil Paviour-Smith: Forsyth Barr Managing Director on the results of the Mood of the Boardroom survey

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