New Zealand is bringing its inflation reporting into the modern era. 

People will be able to access the data monthly from July next year, as part of a major upgrade to the country’s economic statistics.  

Stats NZ says the move provides a more current view of price changes across the economy, rather than it being reported every quarter.  

Statistics Minister Scott Simpson told Mike Hosking we're catching up with the rest of the world. 

He says New Zealand is an outlier in this space, and we might be the only country in the OECD that has yet to report monthly.  

LISTEN ABOVE 

New Zealand is bringing its inflation reporting into the modern era.&nbsp;
People will be able to access the data monthly from July next year, as part of a major upgrade to the country’s economic statistics. &nbsp;
Stats NZ says the move provides a more current view of price changes across the economy, rather than it being reported every quarter. &nbsp;
Statistics Minister Scott Simpson told Mike Hosking we're catching up with the rest of the world.&nbsp;
He says New Zealand is an outlier in this space, and we might be the only country in the OECD that has yet to report monthly. &nbsp;
LISTEN ABOVE&nbsp;

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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

Scott Simpson: Statistics Minister on Stats NZ rolling out monthly inflation reporting next year

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/57f5d425-1365-4f58-a5f7-b4900149bdf0/transcript

It's thought that new entrant cars are putting pressure on incumbent vehicles already on the market.  

Italian car manufacture Fiat has pulled its electric stock out of the New Zealand and Australian market.  

It's not restocking the fully electric 500e and Abarth 500e while it evaluates future product opportunities.   

Motor Trade Association CEO Lee Marshall told Mike Hosking effort and energy may be put into brands with a more promising future.  

He says the market is changing – it's amazing how many vehicles have now sold thousands this year, that weren't on the market last year. 

LISTEN ABOVE 

It's thought that new entrant cars are putting pressure on incumbent vehicles already on the market. &nbsp;
Italian car manufacture Fiat has pulled its electric stock out of the New Zealand and Australian market. &nbsp;
It's not restocking the fully electric 500e and Abarth 500e while it evaluates future product opportunities. &nbsp;&nbsp;
Motor Trade Association CEO Lee Marshall told Mike Hosking effort and energy may be put into brands with a more promising future. &nbsp;
He says the market is changing – it's amazing how many vehicles have now sold thousands this year, that weren't on the market last year.&nbsp;
LISTEN ABOVE&nbsp;

Lee Marshall: Motor Trade Association CEO on Fiat pulling its electric vehicles out of the Australian and New Zealand markets

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/032ffb9a-71f4-4e17-85e1-b490015530da/transcript

There’s a view the Trans-Tasman aviation market won't be completely shaken up by the new Western Sydney Airport. 

It opens on October 25th, and Air New Zealand is one of the airlines that’ll be using it – flying three times a week out of Auckland. 

Forsyth Barr Head of Research, Andy Bowley told Mike Hosking it will attract some operators, but thinks the majority will still go through the main Sydney Airport. 

He says if you think about the capacity Air New Zealand, only around 2% of it will go into Western Sydney.  

LISTEN ABOVE 

There’s a view the Trans-Tasman aviation market won't be completely shaken up by the new Western Sydney Airport.&nbsp;
It opens on October 25th, and Air New Zealand is one of the airlines that’ll be using it – flying three times a week out of Auckland.&nbsp;
Forsyth Barr Head of Research, Andy Bowley told Mike Hosking it will attract some operators, but thinks the majority will still go through the main Sydney Airport.&nbsp;
He says if you think about the capacity Air New Zealand, only around 2% of it will go into Western Sydney. &nbsp;
LISTEN ABOVE&nbsp;

Andy Bowley: Forsyth Barr Head of Research on the new Western Sydney Airport's impact on the Trans-Tasman aviation market

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/8ab1f079-b62f-49a7-863a-b49001500fed/transcript

Almost on cue, the Climate Commission has entered this week's climate debate and told us we are at risk of missing our targets. 

This isn't to do with Golden Bay Cement specifically. It's generally about the fact that we have mucked about with rules and promises and things slowed down to a point they have decided we need to "crack on". 

Part of their statement to incentivise is the suggestion we are now, as in you and me, missing the chance to save money with renewables and new technologies. 

"We need to double the pace of emissions reductions, or else (insert alarm bell noise) we will not meet our targets!” 

"The time to correct this, the window of rectification, is closing.” 

We have of course heard this before. This is the climate alarmism catch cry all over the world. The great two degrees debate, the burning earth, the changing seasons. 

Trouble is it hasn’t, and isn't, working, not to the extent it needs to. 

There would seem no doubt our seasons have changed and dramatically. The European heatwaves are real, and hotter, and longer. I assume if the super El Niño turns out to be a thing bits of South America will burn, or flood, or both. 

But it still hasn’t meant we have done what we allegedly need to do. The two sets of facts seem indisputable i.e. we are warming up alarmingly and we are not doing what we need to do. 

So we are kind of stuck. We know the problem, we probably know the answer, but we are not prepared to make the sacrifice to do it. 

The big winner of course is self-interest. You get the satellite debates, the one where no matter what we do a country like New Zealand will literally make no difference and/or the big polluters like China and Russia and the US aren't doing enough, and until they do, why should we? 

But the big debate, the one the Climate Commission freaks out about, I think is lost. We are simply not prepared to pay the price. 

It's never been easier to go solar and yet we haven't. We don’t compost, we haven't stopped flying, and we still see the ETS as esoteric, or theoretical, or pointless. 

We are trying, but not to the point of success. So now what? 

Almost on cue, the Climate Commission has entered this week's climate debate and told us we are at risk of missing our targets.&nbsp;
This isn't to do with Golden Bay Cement specifically. It's generally about the fact that we have mucked about with rules and promises and things slowed down to a point they have decided we need to "crack on".&nbsp;
Part of their statement to incentivise is the suggestion we are now, as in you and me, missing the chance to save money with renewables and new technologies.&nbsp;
"We need to double the pace of emissions reductions, or else (insert alarm bell noise) we will not meet our targets!”&nbsp;
"The time to correct this, the window of rectification, is closing.”&nbsp;
We have of course heard this before. This is the climate alarmism catch cry all over the world. The great two degrees debate, the burning earth, the changing seasons.&nbsp;
Trouble is it hasn’t, and isn't, working, not to the extent it needs to.&nbsp;
There would seem no doubt our seasons have changed and dramatically. The European heatwaves are real, and hotter, and longer. I assume if the super El Niño turns out to be a thing bits of South America will burn, or flood, or both.&nbsp;
But it still hasn’t meant we have done what we allegedly need to do. The two sets of facts seem indisputable i.e. we are warming up alarmingly and we are not doing what we need to do.&nbsp;
So we are kind of stuck. We know the problem, we probably know the answer, but we are not prepared to make the sacrifice to do it.&nbsp;
The big winner of course is self-interest. You get the satellite debates, the one where no matter what we do a country like New Zealand will literally make no difference and/or the big polluters like China and Russia and the US aren't doing enough, and until they do, why should we?&nbsp;
But the big debate, the one the Climate Commission freaks out about, I think is lost. We are simply not prepared to pay the price.&nbsp;
It's never been easier to go solar and yet we haven't. We don’t compost, we haven't stopped flying, and we still see the ETS as esoteric, or theoretical, or pointless.&nbsp;
We are trying, but not to the point of success. So now what?&nbsp;

Mike's Minute: We aren't prepared to pay the climate price

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/ccd9bf8f-b322-4ad8-8c09-b48f01790e32/transcript

Scott Simpson: Statistics Minister on Stats NZ rolling out monthly inflation reporting next year

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