Infrastructure Commission Leadership

Yeah, there may be Labour is just stuck on the big words in the agreement. Andrew, it's plausible. It's entirely plausible. I think that's kind of the point where Jhene got to, but she's a lot kinder than you, so she didn't say it like that. Heather, surely any government wanting to introduce an under-16 media ban, which is the start of the slippery slope to a digital ID for all New Zealand internet users, will seek a mandate from the electorate at the election. Now, look, this is from Nick. Look, I don't want to be unkind, but were you one of the people who thought that if you got the COVID jab, you'd be sticking magnets in you? Because I'm trying to understand the concern here. It seems like, really, what is your concern about having digital ID on the internet? Other than, you know, you don't want people to know what kind of porn you're watching. Because it seems to me like this might actually be good for our young people, and particularly with the porn. Like, I would like them to log on and go, I want to watch porn, and then the internet comes back to them and goes, mate, you're 11 years old, no you can't. And at the moment, that's not happening. At the moment, it's a free-for-all, and it's doing all kinds of weird things to our boys' heads, and it's leading to trouble for our girls. And if you don't believe me, go and talk to secondary teachers and the people who are dealing with these kids and seeing what's going on. So is them being able to track what you're doing, if they want to track what you're doing or that they are, is that not a small price to pay for the children actually being kept safe from what is, it's just wild out there? I don't know. I don't know. I don't like rules, you know that, but I also don't like sort of just wild anarchy, which is what it feels like. Now, if you use your credit card for benefits like air points or true rewards or whatever it is, you need to keep an eye out because it looks like just keep an eye out on what the credit card companies, if they start disappearing, maybe some of your benefits, because this is a warning that Consumer New Zealand has issued because of the interchange fees. Now, the interchange fees are what? what the banks and the credit cards charge when you use your credit card. And largely you don't pay them, the retailer pays them. But the Commerce Commission looked at the interchange fees the other day and went, oh, that's far too high, mate. So they're forcing those interchange fees down, which obviously means that the banks and the credit card companies are losing income. So they have to find a way to get that money back. And that may include cutting the benefits that you get. Or second thing it may include is what just happened with BNZ. BNZ Has reduced the number of interest-free days you have on two of the credit cards. It used to be that typically you had 55 days. If you go buy something on your credit card, you've got 55 days you're not paying any interest. And if you haven't cleared that money after 55 days, then you start paying the interest. They've just reduced it on two of their cards to 44 days, 16 away from seven.