
Louise Upston and Willow-Jean Prime: National Social Development Minister and Labour social development and employment spokesperson on their new policies
Best of BusinessShow Notes
The election season is well underway, and employment is a key issue for many voters. National has pledged more drug testing for beneficiaries, to ensure more Kiwis are ready to get into work, and Labour has voiced opposition to this idea. National Social Development Minister Louise Upston says she's confident the Government's measures to reduce unemployment are working - but there's more to be done. "We've seen 84,000 people leave welfare into work in the last year, so we're really confident that the measures that we are making are working." Meanwhile, Labour social development and employment spokesperson Willow-Jean Prime has pushed back on this scheme. "Labour has a plan, where we are talking about expanding apprenticeship boost, introducing trades training and expanding that - and a new work package, where we're going to create a whole lot of jobs." LISTEN ABOVE See omnystudio.com/listener for privacy information.
More from Best of Business
Ahead of the long weekend, Kate Hawkesby and Tim Wilson joined Mike Hosking to Wrap the Week that Was. They discussed the latest from the election campaigning, the aforementioned long weekend for Labour Day, and what makes a business successful. LISTEN ABOVE See omnystudio.com/listener for privacy information.
THE BEST BITS IN A SILLIER PACKAGE (from Friday's Mike Hosking Breakfast) Well, a Feeling, Anyway/Friends Like These/Mark the Week/How to Succeed In Business. I Think See omnystudio.com/listener for privacy information.
It's been a big week for the tech sector, with Meta and SpaceX recently publishing their earnings. Elon Musk recently claimed third-quarter revenue went up to $14.6 billion year over year, beating out the $12.86 billion analysts projected. Fisher Funds expert Sam Dickie unpacked what this result means for investors. LISTEN ABOVE See omnystudio.com/listener for privacy information.
Feilding High School has called for agricultural and horticultural science to remain a standalone subject for Year 11 students, and Federated Farmers has voiced support for this move. Under proposed changes to the school curriculum, agriculture would be folded into general science for Year 11 students, with Year 12 and 13 instead having the option to take Food and Fibre Systems from 2029. The Country host Jamie Mackay explained further. LISTEN ABOVE See omnystudio.com/listener for privacy information.
The September quarter's reprieve from inflation is likely to be temporary, according to one expert. The Consumers Price Index measure of household expenses rose 3.7 percent in the year to September - down from 4.1 annually to June. Infometrics Principal Economist Brad Olsen says changes since mean it'll go up again - pushed by many costs. "Going through into building costs, we've seen the likes of international airfares that have gone up, we've seen property maintenance costs lift - all of that just makes us uncomfortable when you take all of that into account." LISTEN ABOVE See omnystudio.com/listener for privacy information.