Christopher Luxon

A lot of it's going up into startup companies that want to expand with capital.

And importantly, it's not going into speculative house flipping, which is what was happening in the past.

It's almost $4 billion, Mike, I think, raised from almost 600 people.

And if you compare that to the previous two years where we were tracking only $70 million versus $4 billion, I think it's been very successful.

And the fact we've got it targeted to our small businesses and startups is important.

Yeah, totally unacceptable and really unacceptable.

And I think it's good to see Jones apologise very quickly for that, as he should have.

No, look, I think it was incredibly disrespectful.

As I said, I think it's right that he apologised.

I think Hipkins kind of apologised.

As I'm sure you say to your daughters and I've said to mine...

your value is actually in what you bring to the world, not in how you look, and I think that's a pretty standard sort of expectation.

So it was right that they apologised, but it was right also for Nicola to call it out and for others to call it out too.

Well, I mean, I get criticised on one side by saying, oh, it's a slush fund, we shouldn't do anything, and it's corporate welfare.

On the other hand, I'm getting criticised for not supporting sale GP.

So the bottom line, as you would remember, is go back to six months ago, everyone in Auckland was pretty down, saying we've got nothing going on in this country, and we put together a major events package to make sure that we could be much more competitive to the

We obviously have got very clear criteria around it.

We're not supporting sale GP, for example, because the cost benefit didn't stack up.

They wanted more money than what we had originally proposed, had been originally proposed.

We'll continue to work with them, but we've got other things like state of origin.