Christopher Luxon
speaker
2,961 appearances
36 recordings
3 series
first heard Apr 2026
last heard yesterday
Christopher Luxon’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 36 in all, peaking in Aug 2026 with 10.
Appearances
Um and you know, for those listening and watching, um what that is about is that essentially two things are happening.
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There's a huge amount of competition for debt in the world and that's largely driven by the AI investment by private companies.
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But the second thing, and you saw the OEC doing Dee and Crystalina talk about it um last week and the week before, is that not many countries have got the balls to get their books back in order.
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Uh and this is what we have been doing different
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From everybody else.
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So when I talk about why a surplus in 2028 is important, why debt down at 40%, spending down at 30% is important, is because while it's politically harder, because everyone listening would love me to go out and give free stuff like Labourers, $18 billion worth of it.
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The answer is we are zigging while the rest of the world is zagging, and we're doing it very deliberately because of that reason.
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The price of debt and the interest rates for governments servicing that debt is going up because most of
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those banks internationally don't believe governments have the guts to actually manage their finances properly.
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The US hit forty trillion dollars worth of debt.
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Australia has a trillion dollar deficit uh with no plan to get to surplus.
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Uh we are determined to get to surplus because it's the way we actually give national security by having financial security in this country.
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Well, um, I I'm sure you know it's complicated 'cause everyone has, you know, financial markets and bond rates and all that sort of stuff, but that's at at its guts.
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It's basically the price of debt is getting more expensive and it's just like it is for your mortgage or your house, your interest rates are going up.
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Now that's why we've got to pay down that pile of debt that Labor and those Muppets ran up last time, uh and get that down, but knowing that we're gonna have a higher cost associated with that debt.
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So you know, I'm proud of the way we're going about it.
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It's it's hard work.
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work and we're doing the right things for the long term to set the joint up in the right way.
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You don't always get political credit for it along the way, but it's actually doing the right things for the long term which matters.
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Showing 101–120 of 2,961 · page 6 of 149
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