Heather du Plessis-Allan Drive

Newstalk ZB senior political correspondent Barry Soper chats to Heather du Plessis-Allan about the Andrew Coster inquiry, and Tamatha Paul calling for the defunding of NZ Police. Soper denies Paul's concerns over race bias in arrests made by NZ Police. "I don't think there's racism in the Police at all," he said.  LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Government has announced the details on its plan for rates caps - councils will be capped at 4%.They will not be able to raise their rates by more than 4%, and the plan will start being implemented in a couple of years' time, sort of mid 27, and then will be fully in place by mid 2029.There will be exemptions to the rate cap. The high growth councils will be exempt from the cap. Councils that experience a natural disaster, something like bad weather, a quake, whatever, they will be exempt. Councils that need to catch up on infrastructure underinvestment, which I thought would have been most councils, they will be exempt.They will have to apply. The exempt will not be automatic. They will have to apply for an exemption, but those are the grounds they can apply on, which I think sounds like potentially a lot of councils who will be able to get around the 4% cap.Now, on the politics of it, it is incredibly smart to announce this - it is incredibly popular. One poll found that about 75% of people want to see this happen, and I really want this to work.I really want this to force councils to sharpen their pencils and start cutting out the nice to haves like the disco toilets and the bus stops with the gardens spouting from the top. And I want them to be able to be going through their staff list and maybe discover like Wellington has in the last week, about 330 people who probably don't need to be paid for by the ratepayer.And this will definitely, I think, do that. It will force a bit of discipline.But what does worry me is that this isn't dealing with the actual problem that we've got in local government, which is that we have a bunch of numpties sitting around the council tables making bad financial decisions.After this, we will still have numpties sitting around the council table, and those numpties will still make bad financial decisions.And if there's one thing that we've learned from recent experience with Wellington City Council, it's that when numpties cut spending, They cut spending on important things like pipes and for some weird reason they keep on spending on the dumb stuff like disco toilets, and I worry that that will happen around the country and we will simply end up with another crisis like we're having at the moment of deferred maintenance.Having said that, It is obviously a much better situation if the numpties have less money to waste rather than more money to waste.So on balance, the rates cap is probably an improvement on the status quo, isn't it?Even if only for the certainty it gives the rest of us that our rates bill next year will not force us out of our homes.In that respect, this has got to be good news.See omnystudio.com/listener for privacy information.

Listen to the Heather du Plessis-Allan Drive Full Show Podcast for Monday 1 December. Get the Heather du Plessis-Allan Drive Full Show Podcast every weekday evening on iHeartRadio, or wherever you get your podcasts.See omnystudio.com/listener for privacy information.

As expected, the Reserve Bank cut the OCR to 2.25% last week - but an unexpected side effect has been a lack of effect. The Reserve Bank announced that this would be the end of cuts, sending the wholesale market into a panic and, therefore, seeing no change in interest rates.  Finance Minister Nicola Willis told Heather du Plessis-Allan, "my message to the banks is always the same, which is pass on as much as you possibly can because it's good for the economy." LISTEN ABOVE See omnystudio.com/listener for privacy information.

Last weeks OCR cut brought hope of lower interest rates but the wholesale market seems to have been spooked by the Reserve Bank ruling out further cuts.  The term wholesale interest rates have jumped in response. ASB Chief Economist told Heather du Plessis-Allan, "we certainly put the the cost of wholesale borrowing up a bit higher as a result of this." LISTEN ABOVESee omnystudio.com/listener for privacy information.

On Monday the Government announced an annual 2-4% rates cap range will be fully implemented by 2029. The cap applies to all rates, including general rates, targeted rates and uniform annual charges, but excludes water charges and other non-rates revenue like fees and charges. Local Government Minister Simon Watts told Heather du Plessis-Allan, "it's going to be tough Heather, but guess what, it's been tough on everyone - households, businesses. "You think about those on fixed income, in particular, double-digit rate increases, some up to 20%. It's just simply not feasible, and that's what we've been hearing loud and clear from ratepayers" LISTEN ABOVESee omnystudio.com/listener for privacy information.

Over the last week four men have been arrested in Sydney for allegations of involvement in a Sydney-based international paedophile network. The network is said to distribute and facilitate child sex abuse material through a website administered internationally. This was uncovered in an investigation into the online distribution of child sexual abuse material involving ritualistic and Satanic themes. Australian correspondent Oliver Peterson told Heather du Plessis-Allan the men arrested were allegedly part of a media network aiming to expose sex abuse rings. "So it gives the idea obviously that they're there to help, that they're there to uncover these sorts of rings, but the people involved are allegedly also paedophiles themselves," Peterson said. LISTEN ABOVESee omnystudio.com/listener for privacy information.

A survey of more than 30,000 of New Zealand’s Year 10 students shows that the number of teens who vape regularly has dropped by half since it's peak in 2021.  The number of teenagers who vape on a daily basis has also dropped from “peak vape” of 10.1% in 2022, to 7.1%. Auckland Grammar headmaster Tim O'Connor says he has noticed the shift but doesn't know what it can be attributed to. "I don't know what's going on to tell you the truth. I don't know whether it's us being more effective, or the messages happening, or if it's just random," he told Heather du Plessis-Allan. LISTEN ABOVESee omnystudio.com/listener for privacy information.

On the Heather du Plessis-Allan Drive Full Show Podcast for Friday, 28 November 2025, police have arrested more people in relation to a huge drug smuggling ring at Auckland Airport. A trial to only collect rubbish from Aucklanders every two weeks is off to a bad start. The council has revealed that almost 80% of the feedback has been negative. Consumer NZ has revealed the worst deals you can buy for Black Friday. After years of being mothballed, Waiwera Thermal Springs is getting revamped - the man behind the redevelopment explains the vision. Plus, the Sports Huddle debates what the heck is going on at Cricket NZ and whether the proposed new T20 competition would save or ruin the local game. Get the Heather du Plessis-Allan Drive Full Show Podcast every weekday evening on iHeartRadio, or wherever you get your podcasts.See omnystudio.com/listener for privacy information.

I've reached the conclusion that when it comes to the banks and mortgage rates, the only option you've got left is to hustle. You're on your own here. It has been 2 days since the Reserve Bank cut the official cash rate, and by how much do you think the big banks have cut their fixed rates? No, not a jot. Not, not a single basis point. Absolutely nothing has come off their fixed rates. It's not particularly helpful from the banks cause, you know, we're trying to get the country out of recession and the point of cutting the OCR is that the mortgage rates come down and then when you refix, you've got more disposable cash and the more cash you have, the more you're gonna spend and the faster we're gonna get out of this recession. So thumbs up and thanks very much to the big banks for not helping. Obviously, it's smart business for them. They need to make as much money as they can. The prediction is they will eventually cut the OCR cut their mortgage rates, but it'll be next year. It won't be this side of Christmas, and no one's going to be able to force them. There is, everybody has fired all their bullets at this stage. The Reserve Bank's cut as much out of the OCR as it can. The critics have written their columns, have given their interviews. Nothing's happened. The government's accepted all the recommendations of the select Committee inquiry, and I think we all know that that's a damp squib. And to be honest, when it comes to the government, for them to do anything meaningful to the banks, it would have to be. Something as massive as breaking up ANZ and ASB and the horror that that would send through the investment community would potentially be worse than us paying too much in mortgage interest rates at the moment. So, The only conclusion you're gonna reach is that you're on your own. No one is coming to save you from the banks. No one's gonna force them to pass on the OCR cuts if they don't want to. You're gonna have to hustle. So when you refix, demand a better rate. Look at what the advertised rate is and then tell them to shave 50 basis points off and if they don't cross the road to another bank that will. That is competition. You're on your own. LISTEN ABOVESee omnystudio.com/listener for privacy information.