Nicola Willis

speaker
1,507 appearances 29 recordings 3 series first heard Apr 2026 last heard 4d ago

Nicola Willis’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
7 · Jul OctJan 26AprJulnow

Recordings per month over the last 12 months — 29 in all, peaking in Jul 2026 with 7.

Appearances

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The point is a real one, which is when you have disciplined fiscal settings, inflation is lower than it would otherwise be.
Labour are promising to return to the old mess, and New Zealanders know what that delivers.
It delivers more tax, more debt.
It's not good for the economy.
It was an extremely uncomfortable decision for our government, Mike.
It is a case of the least worst option and not something I have taken any pleasure in.
The alternative, however, is that we would be the government that presided over the end of a massively important economic activity in our economy without cement.
construction, infrastructure delivery, it grinds to a halt.
And New Zealand is at risk if we depend entirely on imported cement.
And our assessment was if we let that factory close down, we could be putting New Zealand at billions of dollars of risk in the future, and that is not a prudent place to be.
Well, this isn't something that would apply to every firm that is affected by the ETS.
Golden Bay can be distinguished because actually it's such a strategically relevant product that they produce.
And also its issues boil down to these costs of emissions, whereas some other firms have a range of other problems going on to do with their product.
Yes, you can, but you do so with the risk of two things.
One, completely undermining that market so that it no longer functions effectively.
And two, creating massive taxpayer costs if you're having to bail out everyone who needs to pay costs under the ETS.
So, in fact, that sort of an intervention could have been far more expensive than the taxpayer.
If we were to do one intervention for one firm in the emissions trading scheme, that would bring into large question whether the ETS is actually a real mechanism anymore.
Because if everyone thinks that they just get into a conga line and say, right, we're looking for the exception now, then the market doesn't work anymore.
And so, look, there are real challenges.
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