New Zealand's electric car market is reaching a tipping point. 

Five new Chinese car brands have entered the market in the last two months – Dongfeng being the latest. 

Its launch lineup includes three fully electric models, and dealerships are set to open in Auckland, Wellington, and Christchurch later in the year.  

Auto Distributors NZ CEO Simon Rutherford told Mike Hosking the market has shifted over the last few years to be more accepting of EVs. 

He says people who are looking to buy a second car are increasingly more likely to consider buying electric, and even in the last year there’s been a shift of about 10% out of pure ICE vehicles into something electrified. 

LISTEN ABOVE 

New Zealand's electric car market is reaching a tipping point.&nbsp;
Five new Chinese car brands have entered the market in the last two months – Dongfeng being the latest.&nbsp;
Its launch lineup includes three fully electric models, and dealerships are set to open in Auckland, Wellington, and Christchurch later in the year. &nbsp;
Auto Distributors NZ CEO Simon Rutherford told Mike Hosking the market has shifted over the last few years to be more accepting of EVs.&nbsp;
He says people who are looking to buy a second car are increasingly more likely to consider buying electric, and even in the last year there’s been a shift of about 10% out of pure ICE vehicles into something electrified.&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

Simon Rutherford: Auto Distributors NZ CEO on the new car brands entering the NZ market

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/4b56167b-ffc5-42d6-bb7f-b36a01553ac9/transcript

The Reserve Bank isn't expected to change its course, despite inflation remaining higher for longer. 

Stats NZ is providing its latest CPI update at 10.45am. 

Economists expect the inflation rate to remain about 3% – the very upper end of the Reserve Bank's target range. 

That's higher than forecast, reflecting a higher-than-expected rise in travel costs. 

ASB Senior Economist Mark Smith told Mike Hosking it’s a little too soon to be thinking about hikes to the OCR, which is likely to be conditional on inflation. 

He says the Reserve Bank likely feels that there’s still a bit of spare capacity in the economy, and that should be sufficient to push down domestic inflation, which should contribute to overall inflation going closer to 2%.  

LISTEN ABOVE 

The Reserve Bank isn't expected to change its course, despite inflation remaining higher for longer.&nbsp;
Stats NZ is providing its latest CPI update at 10.45am.&nbsp;
Economists expect the inflation rate to remain about 3% – the very upper end of the Reserve Bank's target range.&nbsp;
That's higher than forecast, reflecting a higher-than-expected rise in travel costs.&nbsp;
ASB Senior Economist Mark Smith told Mike Hosking it’s a little too soon to be thinking about hikes to the OCR, which is likely to be conditional on inflation.&nbsp;
He says the Reserve Bank likely feels that there’s still a bit of spare capacity in the economy, and that should be sufficient to push down domestic inflation, which should contribute to overall inflation going closer to 2%. &nbsp;
LISTEN ABOVE&nbsp;

Mark Smith: ASB Senior Economist ahead of the inflation rate announcement for Q4

ACC believes it's already seeing results from a new plan to dig itself out of a fiscal hole. 

The plan's been released after a critical report that found its deficit would balloon to $26 billion by 2030.  

It focuses on getting people back to work more quickly and would also see every claimant given a single point of contact.  

ACC Chief Executive Megan Main told Mike Hosking it comes down to everyone playing their part. 

She says ACC is having early conversations with people to manage cases that may be getting off track. 

LISTEN ABOVE 

ACC believes it's already seeing results from a new plan to dig itself out of a fiscal hole.&nbsp;
The plan's been released after a critical report that found its deficit would balloon to $26 billion by 2030. &nbsp;
It focuses on getting people back to work more quickly and would also see every claimant given a single point of contact. &nbsp;
ACC Chief Executive Megan Main told Mike Hosking it comes down to everyone playing their part.&nbsp;
She says ACC is having early conversations with people to manage cases that may be getting off track.&nbsp;
LISTEN ABOVE&nbsp;

Megan Main: ACC CEO on the organisation's plan to dig itself out of a fiscal hole

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/68578771-c684-4e2e-a5e6-b3da01419fff/transcript

McDonald’s finally has the green light to build its golden arches in Wanaka, more than two years after first floating the idea. 

The fast-food giant’s secured consent for a new restaurant in the town’s Three Parks commercial area. 

It's almost a year after an earlier proposal was knocked back amid widespread public opposition. 

Queenstown Lakes Deputy Mayor Quentin Smith told Mike Hosking the bid might’ve gone through first time if McDonald’s had aimed for a commercial zone from the start. 

LISTEN ABOVE 

McDonald’s finally has the green light to build its golden arches in Wanaka, more than two years after first floating the idea.&nbsp;
The fast-food giant’s secured consent for a new restaurant in the town’s Three Parks commercial area.&nbsp;
It's almost a year after an earlier proposal was knocked back amid widespread public opposition.&nbsp;
Queenstown Lakes Deputy Mayor Quentin Smith told Mike Hosking the bid might’ve gone through first time if McDonald’s had aimed for a commercial zone from the start.&nbsp;
LISTEN ABOVE&nbsp;

Quentin Smith: Queenstown Lakes Deputy Mayor on a McDonald's getting greenlit in Wanaka

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/185f305b-bc0c-4424-a4fd-b3da013e7612/transcript

Simon Rutherford: Auto Distributors NZ CEO on the new car brands entering the NZ market

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