ANZ chair Sir John Key on debt defaults, China's economy | nzherald.co.nz 

I thought you said "no politics"yet you started and ended with politics ? ,Keys started the rot in NZ with his policies of foreign investment and cutbacks to Social services especially for those most in need ,remember before the election he lost, he promised to put $25m back into social services ,as for AUS faring better and lots of Kiwi's over there,Australia 29×larger than NZ with a population of 25+m people ,their exports of iron ore,coal,critical minerals and gas alone are worth between $300b-$400b alone before beef +sheep meats,wheat,wine ,etc etc worth more billions so to compare the two countries is misleading,yes Kiwi's go for money+lifestyle but crime is higher,as of yesterday from the beginning of the year 42 women were murdered thru DV,not including children,15 police shootings ,an Outlaw bikie gang war for control of the drug trade 25 murdered ,car jackings,youth crime,Corporate crime with multiple investigations ,every country is facing an increase in crime ,the US mass murders every week ,yesterday in Aus the Commonwealth bank reported a $10.2B profit ,CEO got a a bonus of millions ,workers none,every "big 4 Bank" ANZ,WESTPAC,NAB made huge profits as did Supermarkets, gas,coal etc CEO's 17-25% salary rises while workers wages remained below rate increases .The OECD,IMF revealed exorbitant price increases not wages caused interest rates and cost of living increases ,Australia AND New Zealand are still the best countries in the world 🤬🤬😡😡😠😠

I read about a certain Schommer, U.S Army. the likes of Josh Scandal. He got a Bronze Star Medal for exceptionally distinguished service during Operation Iraqi Freedom. His Iraq experience helps him now in dealing with the grind of daily volatility in tough stock markets - and those big gulp moments.

Of course John Key doesn't have Mortgage stress. He sold his Parnell mansion for $23.5 million in 2017 to a Chinese business man with Chinese Government connections for $7 million over it's valuation. The businessman suffered a $7.2m loss when he resold the former prime minister’s glamorous home in November, having never even lived in it.

thanks Madison for sharing this episode. JK is breath of fresh air. Like him or not, he is a very smart man, self made and extremely patriotic! We need more of this.

NZs debt in 2008 was 10B, when John Key quit on the announcement he was getting a knighthood NZs debt was over 120B+. Australia gave Key their highest Honour because he drove so much bank profit to Australia in NZs history. John Key left Myrille Lynch with debt levels in economic products, (he created in Ireland, but were illegal in America,) so staggering he was agast, when he visited them a few years later?. In Dec 2016, he made an economic prediction that NZ average wage would be 3%, he based this figure on the economic impact of privatizing four power company's and the salary rise of its CEO's. So four CEO's salary wage rises were so staggering, they caused a 3% growth in the average wage.

When someone starts out," this program doesn't talk politics " ya can bet ya boots they're guna talk politics.

We haven't got massive domestic capital because it goes offshore re profits; banks and global ownership.

Has the debt based economy benefited everyone? Garys economy is an interesting view point of banking.

Great Video NZHerald, Sir john you were a brilliant Prime minister, it's good to hear you take your roles at chair of ANZ as seriously as whenyou were Pm. thanks for sharing

As always since 30 years ago Western media has been reporting that China's economy is going to collapse. And India's economy is booming.... But today, China's GDP is almost 6 times larger than India's although both were almost the same in the 1990s.

Good show Madison I know it must be really hard to interview a human being like this interview with the replies he gives. He hasn’t much of an idea what’s happening in the rest of the world and he keeping very quite and just generalising as he probably doesn’t want to be wrong again. Just my perception. Don’t know how he got to at the head of ANZ New Zealand but anything can happen nowadays.

As much as the nations *Tall poppy people hate it, Sir Key is a very successful businessman & did his best while leading our country. The man has a wealth of knowledge, which indeed goes much deeper than expressed in this interview. It is a shame that we do not get to hear his deeper thoughts on items such a blackrock & how they could effect our nation 5, 10yrs down the track, both good & bad. Of course John is going to vote blue yet that is not solely due to his personal bias, as he clearly stated & we all know... Labour failed & have left us in a pretty bad situation. 2c spent

You won’t care because you sitting very comfortably on lot of wealth

Foreign capital means we lose control of our pricing and assets. It’s obvious we’ll all pay more for greenwashing.

Clown

1.He worked for Mere Lynch as a currency trader 2. He became PM 3. He was buddy buddy with Obama(the biggest DS trojan horse to help bring down America) 4. As PM (head of the GCSB) he stated he would quit as PM if it was found that NZders were being spied on thru mass surveillance programs, of which he initially denied existed 5. He resigns as PM and said his reason were personal/family just after Trump won the 2016 presidential election 5. He gets the top job for the biggest bank in NZ that makes huge profits while ordinary NZders struggle to find affordable accomodation and food to feed their family

Of course he’d say he’s not worried about foreign investment. He’s employed by a foreign company. 😊

I owe this man my career. I was just busy existing in an okay job and then he was elected as NZ PM. And oh boy, did he have a vision for the country. I did my Master's degree and got myself an awesome global career. I've never met him but this brown girl from South Auckland will always be a fan of Sir John Key. He's a f*kg legend.

TURN DOWN THE BLARING MUSIC! 10X LOUDER THAN THE SPEECH!

Would have liked this interview to go on a bit longer.

NO TO BLACKROCK !!!

If you think New Zealand dollar might revalue by the 20% it has dropped against the $USA - Why wouldn't the Government or A Power SOE or Kiwisaver not invest in NZ Green Energy, given we have electricity prices which rise by twice the rate of domestic inflation?

One of the best things Sir John key did when he was prime Minister was give 33 per cent back on the dollar for donations this allowed people to give more to aid foundations like world vision for instance i think he has a caring heart and a intelligent mind and he was instrumental in setting up tpp with Barak Obama that unfortunately donald trump eliminated on his first day in office however donald lost the election opening the door for Chris Hipkins to rejoin the tpp let's hope the US can join the tpp which would be a great breakthrough

Yes John was Key to "A Brighter Future". He is really a deadpan comedian that is laughing at our expense. Hats off for a great performance!

Madison your the best!

Should ONE AUSTRALIAN BANK CONTROL 50% OF THE NZ MARKET? We suffer at the mercy of an Australian Banking Oligopoly Cartel. Where are the banks from AMERICA? TAIWAN? HONG KONG? Farmers are particularly at the mercy of only three or four banks - A total lack of choice and competition.

China is in big big trouble.falling imports and exports,aging population ,very low birthrate and youth unemplyment 20 pct.negative inflation ,collapse of property market where it was estimate 30pct of gdp..its gonna be like Japan in recession for 20 yrs.dont expect nz to increase bussines with china .

Hey what does the fiat system think about backing by gold standard or 😂 "digital gold" /blockchain...

CO2 emissions are absorbed by vegetation. It's their food. However, EV cars are not.. nothing absorbes the waste created by EV redundancy i.e. an old EV car is worth nothing (10 year redundancy). How does the science calculate the waste from the EV campaign?

Economic investigator Frank G Melbourne Australia is still watching this very informative content cheers Frank G ❤

Gosh, Key has talked more sense in that interview than Labour has in 6 years.

The hypocrisy is gobsmacking

I enjoy the content as always, but yikes turn down the intro music!

Dont have debt, do not buy stuff you do not need, slash spending and stick to basics. The next economic crash is imminent to wipe out Baby Boomer retirement payments from mega investment firms. Did you all really think they would let you flood the economy with Boomer savings Share payouts.

As a pm wasn’t a fan but as a business commentator you couldn’t get some one more qualified than JK

Why we care John, is leverage.

If John Keys was living as most lower and middle income New Zealand's, He would have the same view as us. I would like to know how to become rich, the problem been is that unless you have a good support network your are doomed, and most young works get shouted and abused to do their job correctly rather than help support and nurture the coincidence . And this comes to the old saying, it takes money to make money. But that said I feel been 35 now and having the same birthday as him, He was a badly good Prime Minister.

Great discussion

Taiwan is part of China fact the government agree but seem to get missed out from the table😊

Both are geat!

Madison this was highly politically biased interview He is not worried about china invasion in pacific not worried about Taiwan invasion, not climate change, not mortgage rates effects on people…… he’s worried if government will put additional tax on rich. Cant believe that I was so stupid to vote for him in the past

Good interview.

#(Six months later?)... I'll have one of Madison's "Make-a-Wish' candles !

What a great statesman

The sooner u hybrids burn out all your lotto tickets in yr spaceship economy. The better this world will be, here in NZ well either that happens or the rat race start knocking on yr mansion doors begging for food & shelter....... Untill they eat the household 2 stay dry.. J.KEY is a smug shrewd investor aint nothing set up gonna empty his cupboards ❤

Good interviewer. Smart to not wear a pony tail.

John Key and Andrew Kreiger . Of course he doesn't worry

John key cris luxons we mate they keep in touch as luxon needs his we buddy by his side

This is the most deluded interviewee I have ever seen....but you know vote them in once again

God she's beautiful😍

Great interview!!

He likes selling things off to line his own pocket.. lost all respect for the guy now.

Boo Stay In Hawaii.

I just noticed something...