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Christopher Luxon

Christopher Luxon

Prime Minister of New Zealand

Oct 11, 2026

7:52
Okay.
7:53
What we're saying is there's two random tests, and then there's an assessment about drug and alcohol addiction, if there's a need for us then to help that individual with more support around dealing with their addiction.
8:02
But what's the point of having spent all that money on resumes and job readiness and getting them driver's licenses only to go to a job, get an interview, get the job offer, and then lose it because of a, of, of a drug issue? Isn't it...
8:15
Shouldn't we be doing everything we can to help individuals to remove the barriers that gets them connected to work, particularly if we say our young people think could end up being on welfare for eighteen years on average.
8:24
That's not a life way...
8:25
That's not a life path that we really want for them, right? So there's that part of it, as well as obviously some other components to the, to the program as well.
8:32
So I just think...
9:08
They're having their benefits reduced, Prime Minister.
48:40
Yeah
48:41
... uh, proposal.
48:41
Um, look, it, there, there's actually, the, the real risk with everyone increasing their military spending around the world, the real risk is you just get inflation and you don't, you just pay more for the same stuff rather than actually getting new capability or capacity.
48:54
So I've continued to talk with, um, Ursula von der Leyen from the EU about sort of how we could join joint procurement exercises and stuff like that.
49:02
But for us in New Zealand, we looked at it, it's not, not, not, not for us.
49:05
Um, the cost associated with that w- doesn't work for us.
49:08
But equally, we're putting a lot of money into defense, and we've, we want to make sure that's going to New Zealand defense companies.

6 MINS LATER

54:50
It needs blowing up.
2:39
Yep
2:40
... uh, proposal.
2:41
Um, look, it...
2:42
There, there's actually...
2:43
The, the real risk with everyone increasing their military spending around the world, the real risk is you just get inflation and you don't...
2:49
You just pay more for the same stuff rather than actually getting new capability or capacity.
2:53
So I've continued to talk with, um, Ursula von der Leyen from the EU about sort of how we could join joint procurement exercises and stuff like that.

6 MINS LATER

8:49
And needs blowing up?
2:30
The Defence Bank, this is a prime ministerial question, the Defence Bank that we were looking at but ultimately said no to, did we look at that seriously? Yeah, that's the Canadian proposal.
2:41
Look, there's actually the real risk with everyone increasing their military spending around the world, the real risk is you just get inflation and you just pay more for the same stuff rather than actually getting new capability or capacity.
2:53
So I've continued to talk with Ursula von der Leyen from the EU about sort of how we could join joint procurement exercises and stuff like that.
3:01
But for us in New Zealand, we looked at it.
3:03
It's not for us, the cost associated with it doesn't work for us.
3:07
But equally, we're putting a lot of money into defence and we want to make sure that's going to New Zealand defence companies.
3:12
If you think about Sios, who I visited a few months back, doing a great job actually in uncrewed drones and selling that stuff around the world, which is really good.

6 MINS LATER

9:31
Can you begin to work out how that's possible?
2:30
The Defence Bank, this is a prime ministerial question, the Defence Bank that we were looking at but ultimately said no to, did we look at that seriously? Yeah, that's the Canadian proposal.
2:41
Look, there's actually the real risk with everyone increasing their military spending around the world, the real risk is you just get inflation and you just pay more for the same stuff rather than actually getting new capability or capacity.
2:53
So I've continued to talk with Ursula von der Leyen from the EU about sort of how we could join joint procurement exercises and stuff like that.
3:01
But for us in New Zealand, we looked at it.
3:03
It's not for us, the cost associated with it doesn't work for us.
3:07
But equally, we're putting a lot of money into defence and we want to make sure that's going to New Zealand defence companies.
3:12
If you think about Sios, who I visited a few months back, doing a great job actually in uncrewed drones and selling that stuff around the world, which is really good.

6 MINS LATER

9:31
Can you begin to work out how that's possible?
5:31
That's a former National Party cabinet minister.
5:33
Yeah, so John, I just would ask you to go back and look at the five points in that policy.
5:37
The first thing was actually we're investing a lot more in employment programs that are working to support 30,000 work-ready job seekers.
5:44
There's a genuine commitment to say we know there's programs that we're funding that are working well.
5:49
We want to make sure that they get more money into them.
5:51
We want to put more case managers around long-term job seekers.
5:54
So that's job number one.
7:29
benefits reduced, Prime Minister.
2:29
Didn't you put it on the back burner in July to the proceeding as funding becomes available pile? What's changed since then?
2:38
No, we've actually had it phased.
2:40
So, as you know, we reset the roads of national significance so they can be sequenced because you can't start all the projects physically at the same time or fund them all at the same time.
2:48
It means the construction sector's got a pipeline of work and they've got much more clarity.
2:52
So we've basically said, look, there are projects that are in the planning stage.
2:55
We've got to get road protection for them.
2:57
Mill road stages two and three are like that.
7:50
doesn't this just create a lot of white noise for voters? How do you cut through if you're looking and people are saying, well, you're lying, no, you're lying, and around and around we go, and there's economists on both sides, right?
49:00
it up by? Because she claims that missing excise for three years equates only to 440 yards or meters of state highway.
49:11
I don't understand that at all.
49:12
Um, um, I don't know how she'd work that out because that's the fund that we use to repair our roads, renew our roads, um, fund new roads.
49:20
Um, And if you look at the whole three-year period, they've got, I think it's about $4.6 billion.
49:26
And as I said, we've put aside the first year because we've topped it up.
49:30
So I'm just saying, well, we've already done that in the pre-foo.
49:32
So I assume that that's your starting point for the labour plan.
50:22
Yeah,
4:01
You need to be not much more than eight or nine years old to work that out, surely.
4:05
Yeah, exactly.
4:05
I mean, I mean, to restore to the previous pay equity screen, you know, the Treasury said it's 11 billion.
4:10
Um, you've actually heard, you know, the, uh, Flea Fitzsimons from the, um, PSA say, I think it's 13 billion.
4:16
Um, they've only put a little bit aside, so they're still eight and a half billion short on all of that.
4:20
And, um, you know, taking all of that from, say, unallocated funding for the next four budgets, you know, would mean no money for schools, police, prisons, defense, and frontline social services.
4:29
So, you know, it's a hell of a mess, to be honest with you.
4:59
I mean, what the hell?
3:12
up by? Because she claims that missing excise for three years equates only to 440 yards or meters of state highway.
3:23
I don't understand that at all.
3:25
Um, um, I don't know how she'd work that out because that's the fund that we use to repair our roads, renew our roads, um, fund new roads.
3:32
Um, And if you look at the whole three-year period, they've got, I think it's about $4.6 billion.
3:38
And as I said, we've put aside the first year because we've topped it up.
3:42
So I'm just saying, well, we've already done that in the pre-foo.
3:44
So I assume that that's your starting point for the Labour plan.
4:35
Yeah,
0:55
Didn't you put it on the back burner in July, uh, uh, into the proceeding as funding becomes available pile? What's changed since then?
1:04
No, we've actually had it phased.
1:05
Um, so as you know, we reset the roads of national significance so they can be sequenced, 'cause you can't start all the projects physically at the same time or fund them all at the same time.
1:14
It means the construction sector's got a pipeline of work, and they've got much more clarity.
1:18
So we've basically said, look, there are projects that are in the planning stage.
1:21
We've got to get, you know, road protection for them.
1:23
Mill Road stages two and three are like that.
6:23
No, you're lying," and, and around and around we go, and there's economists on both sides, right?
1:12
If Trump changes his mind and stops exporting diesel, we really have a problem, Houston.
1:19
Well, actually, just remember our oil comes from the refineries in Korea and also in Singapore.
1:25
There's lots of source of where they source the oil from before they refine it into diesel or jet or into petrol, and it comes from lots of different sources.
1:34
So we're well aware of conversations or thoughts that President Trump may have about export controls and all of that stuff, but we're monitoring it and have been monitoring it daily since April.
1:46
I can reassure you that we've got supply, which is the key thing we have to do.
1:49
It's a good reason for why we put the 90 million extra litres of diesel into Whangarei, to have a strategic diesel reserve, to make sure that we've got enough supply of diesel in this country.
2:00
So, yes, I know we're feeling it at the pump again.
3:14
Are you and Nicola, as the Herald has reported this morning, are you softening your language on lifting a super eligibility age, saying political consensus is needed, but missing? We all know as long as Winston's drawing breath, it ain't going to happen, but it has to happen.
5:16
If Trump changes his mind and stops exporting diesel, we really have a problem, Houston.
5:23
Well, actually, just remember our oil comes from the refineries in Korea and also in Singapore.
5:29
There's lots of source of where they source the oil from before they refine it into diesel or jet or into petrol.
5:37
And it comes from lots of different sources.
5:38
So we're well aware of conversations or thoughts that President Trump may have about export controls and all of that stuff.
5:46
But we're monitoring it and have been monitoring it daily since April.
5:50
I can reassure you that we've got supply, which is the key thing we have to do.
7:18
Are you and Nicola, as the Herald has reported this morning, are you softening your language on lifting a super eligibility age, saying political consensus is needed but missing? We all know as long as Winston's drawing breath, it ain't going to happen, but it has to happen.
1:12
If Trump changes his mind and stops exporting diesel, we really have a problem, Houston.
1:19
Well, actually, just remember our oil comes from the refineries in Korea and also in Singapore.
1:25
There's lots of source of where they source the oil from before they refine it into diesel or jet or into petrol, and it comes from lots of different sources.
1:34
So we're well aware of conversations or thoughts that President Trump may have about export controls and all of that stuff, but we're monitoring it and have been monitoring it daily since April.
1:46
I can reassure you that we've got supply, which is the key thing we have to do.
1:49
It's a good reason for why we put the 90 million extra litres of diesel into Whangarei, to have a strategic diesel reserve, to make sure that we've got enough supply of diesel in this country.
2:00
So, yes, I know we're feeling it at the pump again.
3:14
Are you and Nicola, as the Herald has reported this morning, are you softening your language on lifting a super eligibility age, saying political consensus is needed, but missing? We all know as long as Winston's drawing breath, it ain't going to happen, but it has to happen.
3:13
What do you want to do?
3:14
Well, look, I mean, we've made progress, but, I mean, we've really got to continue to drive really hard into economic growth.
3:20
And we've made some, you know, there's been some good signs in that.
3:22
You saw last week the 2.6% growth growing faster than many of the other countries in the world.
3:27
But, you know, our tourism numbers bounced back finally to pre-COVID levels.
3:31
We've got manufacturing growing well, record exports, all that stuff.
3:34
We're seeing parts of the country that are really, you know, experiencing and seeing that growth.

6 MINS LATER

9:31
have the right to say the same thing?
50:46
So you mucked a whole bunch of councils around, and once they'd done all their work on it, you then went, oh, whoops, run out of time.
50:52
Yeah, I think that's not a good look.
50:54
No, I'll give you back the truck up a bit, though.
50:55
We've got this backstop option.
50:57
You know, what's happening? We've got the new RMA now in law.
50:59
We're just going to have 45% less consents.
51:01
We're going to go kill the regional councils.
54:46
you worried by that?
2:58
It's very Labour, and last time they did
3:00
it, it worked.
3:01
Well, the thing that I found interesting was, you know, that is tradies and truckies and nurses and teachers that are now paying tax to underwrite and write off 10% of a student loan for a lawyer or an engineer coming through school, graduate school, right, through university.
3:16
You know, our program is to say, look, you know, we already subsidize 70 percent of tertiary education in this country, some of the highest in the world.
3:23
We have certainly the most generous student debt.
3:25
We have interest free student loans here if you stay in New Zealand.
3:28
And all we've done as a government is said, look, you can pay that back slower, interest free.

5 MINS LATER

8:52
worried by that?
1:09
The job's not done, you keep saying, what do you want to do?
1:12
Well, look, I mean, we've made progress, but I mean, we've really got to continue to drive really hard into economic growth.
1:18
And we've made some, you know, there's been some good signs in that.
1:20
You saw last week, the 2.6% growth growing faster than many of the other countries in the world.
1:25
But, you know, our tourism numbers bounced back finally to pre-COVID levels.
1:29
We've got manufacturing growing well, record exports, all that stuff.
1:32
We're seeing parts of the country that are really, you know, experiencing and seeing that growth.

6 MINS LATER

7:29
have the right to say the same thing?
12:40
government reform, it's stalled now, probably quite rightly, and supermarkets, did you get that
12:46
wrong? Is that flawed policy? No, no, absolutely not.
12:50
If we take the first one, local government, what happened there is that we've got, as we introduced the RMA, it's now a new law.
12:57
It's a new law.
12:57
We expect 45% less resource consents across the system.
13:01
As a result, we're knocking on the head the regional councils and taking them out of the picture because that's been part of the problem.
13:06
Too much government and too many layers of bureaucracy.
15:16
But anyhow, the Opportunity Party, is that a wolf in sheep's
6:15
Local government reform, it's stalled now, probably quite rightly, and supermarkets, did you get that wrong? Is
6:23
that flawed policy? No, no, absolutely not.
6:25
If we take the first one, local government, what happened there is that we've got, as we introduced the RMA, it's now a new law.
6:32
It's a new law.
6:33
We expect 45% less resource consents across the system.
6:37
As a result, we're knocking on the head of the regional councils and taking them out of the picture because that's been...
6:41
Part of the problem, too much government and too many layers of bureaucracy.
8:51
But anyhow, the Opportunity Party, is that a wolf in sheep's clothing
18:20
You've made a lot of changes in the education space, but do you think a child going to school at their local state school now can get a world-class education? If not, what is there still to do? What is still missing?
18:32
Yeah, look, I think I absolutely, there's no doubt for me that we've improved.
18:36
I've been in classrooms a lot.
18:37
You know, you sit down with five and six year olds and you sit around a little table with them and that you're doing some structured literacy lesson with them, which I do quite regularly.
18:45
And you can literally see it in their eyes.
18:46
You know, there's a real glint, pride, mastering.
18:49
I'm mastering content.
21:56
So can we expect to see that in a No, we don't
2:18
Did you expect that level of pushback from business?
2:22
Well, it's not about business.
2:24
It's actually about the fact that we believe in competition and making sure we've got competitive markets.
2:28
And any way you look at the grocery sector in New Zealand, that is the one market that lots of independent experts have said, global experts have said, we know intuitively ourselves that there's just not enough competition in it.
2:41
You know, it's actually a sector, Ingrid, I worked in for 18 years.
2:43
And, you know, as I say, I can't think of a single market that has 82% market share with two players.
2:48
I mean, other 5 million people countries I operated in around the world would have three to five operators typically.
4:07
I know the problem you're trying to solve, but for them, they're going to be less profitable, aren't they? So is it okay to change the goalposts for business like that?
48:51
well then how do you explain having done all that and Labour having done what they did and the Greens last week that the food price comes in at 1.9%?
48:58
Well, because also there's been a huge component around inflation, you know, generally.
49:01
Yes, there's been competitive challenges in this market.
49:04
And, you know, don't take my word for it.
49:06
Don't take Chris Quinn's word for it.
49:07
Go look at the independent experts.
49:09
Go look at the OECD who have said every year for the last three years I've been there, there's a real problem with your supermarket sector.

6 MINS LATER

55:32
feel it.
4:04
well then how do you explain having done all that, and Labour having done what they did, and the Greens last week, that the food price comes in at 1.9%?
4:10
Well, because also there's been a huge component around inflation, you know, generally.
4:14
Yes, there's been competitive challenges in this market.
4:17
And, you know, don't take my word for it.
4:19
Don't take Chris Quinn's word for it.
4:20
Go look at the independent experts.
4:22
Go look at the OECD who have said every year for the last three years I've been there, there's a real problem with your supermarket sector.

6 MINS LATER

10:44
2.6%, people don't feel it.
0:36
Did you expect that level of pushback from business?
0:40
Well, it's not about business.
0:41
It's actually about the fact that we believe in competition and making sure we've got competitive markets.
0:46
And any way you look at the grocery sector in New Zealand, that is the one market that lots of independent experts have said, global experts have said, we know intuitively ourselves that there's just not enough competition in it.
0:59
It's actually a sector, Ingrid, I worked in for 18 years.
1:01
And as I say, I can't think of a single market that has 82% market share with two players.
1:06
I mean, other 5 million people countries I operated in around the world would have three to five operators typically.
2:25
I know the problem you're trying to solve, but for them, they're going to be less profitable, aren't they? So is it okay to change the goalposts for business like that?

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