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Christopher Luxon

๐Ÿ‘ค Speaker
316 total appearances

Appearances Over Time

Podcast Appearances

The Mike Hosking Breakfast
Christopher Luxon: Prime Minister discusses the signing of the India Free Trade Agreement, cancelling the TVNZ Breakfast interview spot

But with respect to petrol, diesel, jet, we've got no signs, no signals, no disruption to our future fuel supply.

The Mike Hosking Breakfast
Christopher Luxon: Prime Minister discusses the signing of the India Free Trade Agreement, cancelling the TVNZ Breakfast interview spot

So it's business as usual.

The Mike Hosking Breakfast
Christopher Luxon: Prime Minister discusses the signing of the India Free Trade Agreement, cancelling the TVNZ Breakfast interview spot

yeah so yeah and i do owe you a good answer on that because you've been asking me on that uh every week and fair enough um the bottom line is that the tank of the 90 million tank is actually going to be available early june and we need to obviously time the arrival of our fuel to to go into that tank there's no point bringing it in any earlier um obviously we don't have anywhere to store it so that storage facility is available early june we will land our fuel uh in that in june as well

The Mike Hosking Breakfast
Christopher Luxon: Prime Minister discusses the signing of the India Free Trade Agreement, cancelling the TVNZ Breakfast interview spot

And we're very close.

The Mike Hosking Breakfast
Christopher Luxon: Prime Minister discusses the signing of the India Free Trade Agreement, cancelling the TVNZ Breakfast interview spot

We're just still working through just final commercial contractual terms.

The Mike Hosking Breakfast
Christopher Luxon: Prime Minister discusses the signing of the India Free Trade Agreement, cancelling the TVNZ Breakfast interview spot

As soon as we can, we'll announce that.

The Mike Hosking Breakfast
Christopher Luxon: Prime Minister discusses the signing of the India Free Trade Agreement, cancelling the TVNZ Breakfast interview spot

But that is a better option for us is to pursue this unsolicited bid and this commercial over and above fuel supply than actually doing the swaps at this point.

The Mike Hosking Breakfast
Christopher Luxon: Prime Minister discusses the signing of the India Free Trade Agreement, cancelling the TVNZ Breakfast interview spot

And we think that's something we might leave for down the road.

The Mike Hosking Breakfast
Christopher Luxon: Prime Minister discusses the signing of the India Free Trade Agreement, cancelling the TVNZ Breakfast interview spot

It's a bit more complicated.

The Mike Hosking Breakfast
Christopher Luxon: Prime Minister discusses the signing of the India Free Trade Agreement, cancelling the TVNZ Breakfast interview spot

But we think the real thing is to secure the 90 million extra of diesel over and above our current minimum standards.

The Mike Hosking Breakfast
Christopher Luxon: Prime Minister discusses the signing of the India Free Trade Agreement, cancelling the TVNZ Breakfast interview spot

No, it actually is.

The Mike Hosking Breakfast
Christopher Luxon: Prime Minister discusses the signing of the India Free Trade Agreement, cancelling the TVNZ Breakfast interview spot

There's a lot of real businesses that I've run into up and down the country.

The Mike Hosking Breakfast
Christopher Luxon: Prime Minister discusses the signing of the India Free Trade Agreement, cancelling the TVNZ Breakfast interview spot

I was down in Christchurch, actually, at this company called Zethos just on Friday, and they're basically recycling critical minerals out of existing products.

The Mike Hosking Breakfast
Christopher Luxon: Prime Minister discusses the signing of the India Free Trade Agreement, cancelling the TVNZ Breakfast interview spot

And it's incredible, producing zinc and other things.

The Mike Hosking Breakfast
Christopher Luxon: Prime Minister discusses the signing of the India Free Trade Agreement, cancelling the TVNZ Breakfast interview spot

And actually their funding and their investment has come from, I mean, two of the active investor visas that had come out, one from the Netherlands and I think one from Brazil.

The Mike Hosking Breakfast
Christopher Luxon: Prime Minister discusses the signing of the India Free Trade Agreement, cancelling the TVNZ Breakfast interview spot

And they have come to New Zealand, put the money in, then put more money in.

The Mike Hosking Breakfast
Christopher Luxon: Prime Minister discusses the signing of the India Free Trade Agreement, cancelling the TVNZ Breakfast interview spot

So even though we've got a minimum requirement of $5 or $10 million for this active investor visa, many of them are putting in two, three times more once they're comfortable in the market.

The Mike Hosking Breakfast
Christopher Luxon: Prime Minister discusses the signing of the India Free Trade Agreement, cancelling the TVNZ Breakfast interview spot

And that's been obvious in many companies that I've seen.

The Mike Hosking Breakfast
Christopher Luxon: Prime Minister discusses the signing of the India Free Trade Agreement, cancelling the TVNZ Breakfast interview spot

So

The Mike Hosking Breakfast
Christopher Luxon: Prime Minister discusses the signing of the India Free Trade Agreement, cancelling the TVNZ Breakfast interview spot

No, the key thing is it's going into productive businesses.