web analytics
The Standard

English puts us on a slippery slope to Greece

Written By: - Date published: 10:37 am, November 15th, 2012 - 31 comments
Categories: bill english, Economy - Tags:

The amount we have to borrow from the rest of the world – because the high dollar is killing our exporters and allowing importers to undercut our domestic businesses – is due to hit $17b a year by 2016. Our current account deficit is already the 2nd largest in the developed world and will be hitting disastrous levels. But English says ‘don’t worry, if that happens, our economy will just collapse, Greece-style’.

Now, in fairness, English disagrees with all the forecasters, who say the current account deficit is heading to the 7% of GDP danger zone. His disagreement is based on… optimism:

Mr English yesterday told Parliament’s finance and expenditure select committee he believed the current account deficit – the balance between the country’s earnings and expenditure – would peak at 5 per cent or 6 per cent of gross domestic product (GDP).Forecasts suggest it may go as high as 8 per cent. In September, the deficit widened to $10.1 billion, or 4.9 per cent of GDP.

Labour MP Clayton Cosgrove asked what Mr English knew that the International Monetary Fund, Reserve Bank and Treasury did not. “What do you base your prediction on? Evidence, data, crystal ball, best guess?”

Mr English said he was more optimistic than other forecasters, who expected New Zealanders to return to their high-borrowing ways.

I don’t think English himself is a forecaster, by the way. He’s not running forecast models personally, so what he says are guesses, not forecasts.

But what chills the blood is English’s justification for why the current account deficit won’t/can’t get to disaster levels:

“I don’t think the world will let us run 7 and 8 per cent current account deficits. I think you would get the kind of sharp adjustments that the textbooks tell you would happen in the exchange rate or interest rates. I think the world will punish us more quickly if it gets out of line.”

So, it can’t happen because, if it did happen, our exchange rate would suddenly plunge and interest rates would go through the roof. What English is saying is that we’re on the path to a Greece-style crisis but, for some reason, the markets won’t let that happen.

I guess we had all better join in praying to the market gods, because it’s clear that English doesn’t view it as his job to do anything about the fact we’re barreling at top speed towards a cliff.

(while I’ve been writing this, English has been on Morning Report shrugging his shoulders about the likelihood the economy is contracting and saying that there are no conditions which would make National change its failed economic policies. They really just don’t give a damn – as long as there’s public wealth for them and their buddies to suckle on, they don’t care)

31 comments on “English puts us on a slippery slope to Greece”

  1. Dr Terry 1

    Even prayer might be too late to save us! The point is “will the country ever recover from what is presently being done to it?”

    • Colonial Viper 1.1

      This country has been through worse in its history and yes we will fight our way back against these Tories.

      • aerobubble 1.1.1

        How can a economy collapse when our banks are mostly foreigned owned, when the considerable debt are owned by the private sector to foreigners for their homes, what English means is if the economy collapses, the bubble bust will see foreigners lose huge wealth as kiwi families foreclose their businesses and mortgage sale their homes. Why would the foreign owners want that kind of pain on themselves and kiwis? Well, if they cannot themselves sustain their own debts….

        The great re-evaluation has begun, in order to walk you must first create imbalance, similarly a economy to progress there must first be distortion. Just as a runner who distorts to the extreme falls over, so our western economy has been led to it hitting the wall. Other runners, some who will have fallen over, will rise and take to the race again, but NZ will be last because its still believes that it can wobble and never fall over.

        And you can see why this false belief has taken hold, its not like we have much of an economy anyway, given are predilection for low fruit, primary exporting and short term capital gain farming.

        If we do fall it won’t hurt like the US falling, but therein lies the rub, the US like Japan are printing money, swamping the rich, wiping the smug smirks off their face, and reviving capitalism. Because that is what this is, the capitalist purge, when too many made too much worthless value and think they own the world, need the culling to overt the fiscal peril they have created.

        Why anyone with a brain cannot see the link between markets and the environment, climate, pollution, sprawling waste, is unfathomable to me, simple fact is as smart people audit the world they realize that the energy is more expensive, the costs to cleaning up after pollution is prohibitive, the potential returns of our existing car lifestyles put red all over the books, and are causing the markets to depreciate and write down huge accrued value in portfolios. If anything the low savings for retirement might actually be a godsend since it will force the older retiring boomers to vote for left wing parties who are inclusive and insure a social safety net that has some dignity.

    • r0b 2.1

      Ummm – fisiani – that isn’t evidence of how well NZ is doing at all. It is evidence that even in the most benign possible environment for our businesses – they still can’t make it!

      Conclusion: our business “leaders” are useless, and the invisible hand of the market is never going to rescue NZ. Time for a government to step up…

      • aerobubble 2.1.1

        If Fonterra could pasteurize its milk in china it would.

        • rosy 2.1.1.1

          Well it looks like China might try to do the next best thing (for China)

          Fonterra said it had been talking with a large number of institutional investors about its upcoming Fonterra Shareholders Fund offer but that it was impossible to know what their intentions might be until the bookbuild process for the offer was complete.

          The cooperative earlier declined to comment on a report out of Beijing that China Investment Corp was seeking a stake in the Fonterra Shareholders Fund.

          The Wall Street Journal said China Investment Corp was in talks with Fonterra about investing in the fund. The Journal said the Chinese sovereign-wealth fund sought overseas investments tied to China’s growth prospects.

    • Lightly 2.2

      it’s long been the case that that NZ has a loose regulatory system for business. That’s good but not an unalloyed good.

    • muzza 2.3

      Fiss – Great stuff champ, really clever!

      • fisiani 2.3.1

        You do not realise how culturally insensitive it is to call me by the wrong name. I forgive you.

  2. Zaphod Beeblebrox 3

    Interesting listening to Paul Keating talking last night (on ABC TV), where he was discussing the fact that the mobility of labour, capital and technology meant that GDP growth was moving back to where population exists. This he says means that India, China and Indonesia in particular would be the world largest economies in 20 years.

    His message to Aus and NZ- get engaged with Indonesia, India and China or see your GDP mirror your population!

  3. Herodotus 4

    Look what happened previously regarding our current accout James. Pity it was not an issue when “We” were in power and did not warrent any policy to correct. The only adjustment was a natural resposne to the GFC
    What English is saying is that we’re on the path to a Greece-style crisis- No we were on that in 2004 under Cullen????
    http://www.rbnz.govt.nz/keygraphs/Fig6.html
    “Our problem is one of success.” from English

  4. BLiP 5

    .

    If “the world” does decide to “punish” us with “sharp adjustments” then so should the New Zealand public do to Blinglish. Dreams are free, of course. No doubt English has a retirement job lined up for just when the shit hits the fan . . . Treasurer of the Planet Key Golf Club, perhaps.

  5. muzza 6

    Who are we borrowing from and what are the terms again?

    Bill really has had a moment of lucid honesty with his comment though – Translation – If NZ gets out of line, those who have owned us (on the low) for quite some time, are going to use their puppets (IMF, WTO etc), and some jiggery pokery magic, to put NZ down where they want it, and will then be taking off with what the NACT have not been able to hock off to them already!

    NZ has been in serious trouble, this is simply the comical musings of completely souled out individual, who has opening displayed his dishonesty, and eagerness to steal from the country for his own gains!

    Apply the same to 99% of those running our parliament, and the systems which govern us. See my post in open mike to understand the types of “arm twisting” I have referred to in various posts.

    The sell out, is the price, the costs to NZ’s people, immeasureable!

  6. Steve Wrathall 7

    Greece eh?
    -no requirement for anyone to actually work
    -untouchable public sector unions
    -Bloated public payrolls (1/3 of Greeks work for the govt)
    – massive mis-investment in public transport that then requires billions more in subsidies
    – 7 weeks of holidays, then more if you get sick during your holidays.

    The fact that this socialist paradise is ending in tears is unsurprising. But that doesn’t stop Labour/Greens from proposing a similar toxic recipe here, does it?

    • framu 7.1

      wrong

      as usual steve, your a tad simplistic and rely on slogans and tub thumping rather than analysis

    • aerobubble 7.2

      Greece is in the trouble it is because its elite would not pay their fair share of taxes. The question needs to be asked why capital gain free of tax is allowed to distort our economy and load kiwis up with debt (to foreigners). Greece (taxpayers), like Iceland (bankers) and Ireland (?) are now being joined by Portugal, Spain and Italy.

    • JonL 7.3

      You really do live in cloud cuckoo land, Steve. Simplistic rote bullshit without regard to the facts!
      I suppose you trot out the standard line about how everyone on the DPB is a solo 16 yo mum producing sprogs to support a lifestyle, and everyone on unemployment, is a lazy, useless scumbag, as well!

  7. Adrian 8

    We are about to be saved though with news that the Chinese Government wants to buy the Fonterra fund . Stupid bloody cow cockys!

    • aerobubble 8.1

      If I where the Chinese, I’d build a fleet of ships to dock at NZ ports and take the raw milk on board and process it on the way to China, a small Thorium nuclear power plant who be just the trick.

      • aerobubble 8.1.1

        Just if I were China I’d be using Chinese wealth to dislodge asteriods in the belt between Jupitor and Mars and crash them into Mars, grow the gravity, introduce water, to Mars. Hell if I were Japan I’d have a base remote non-human on Phobos and Demios by now.

        • Draco T Bastard 8.1.1.1

          Just if I were China I’d be using Chinese wealth to dislodge asteriods in the belt between Jupitor and Mars and crash them into Mars, grow the gravity, introduce water, to Mars.

          Two things
          1.) There isn’t enough mass in the asteroid belt to properly Terra-form Mars
          2.) There is already water on Mars – enough to give it some serious oceans

          • aerobubble 8.1.1.1.1

            But… that’s where you’d start, with the asteroid belt.

            Second, it would be fun to watch them smash into the planet.

            As for water, I thought that co2 and methane plus life would turn into water and organisms.

            Anyway asteriods are not mostly water are they? the basic problem is greenhouse effect,
            mars doesn’t have a thick enough atmosphere and gravity to retain it.

            • Draco T Bastard 8.1.1.1.1.1

              But… that’s where you’d start, with the asteroid belt.

              You could start there but I’m thinking the Kuiper Belt may be a little too far to lug mass in from. Of course, some of those object are already on the way in so I suppose we’d just need to redirect them.

              the basic problem is greenhouse effect, mars doesn’t have a thick enough atmosphere and gravity to retain it.

              Mars used to have a thick enough atmosphere but it’s been depleted through the solar wind removing it due to Mars not having an magnetosphere. The lack of magnetosphere might have something to do with lack of mass as Mars’ is only partially liquid.

              • Exactly DTB, no iron/heavier metal core to “Drive” the planet.

                Adding mass to it’s circumference would slow it’s rotation.

              • Draco T Bastard

                The lack of magnetosphere might have something to do with lack of mass as Mars’ core is only partially fluid.

                Minor correction to improve readability.

        • PlanetOrphan 8.1.1.2

          Endanger the entire solar system would ya, I think I’d shoot ya for that M8!

          • aerobubble 8.1.1.2.1

            How would it endanger the solar system to remove asteroids already threaten Earth, which dislodge over time anyway and could fly into Earth. Just doing the feasibility study (the stage we are at) would produce information about how to alter the orbits of asteroids and so SAVE the Earth from such disasters. Why do you hate the Earth so much? The people of Earth? The children and families of Earth?

            • PlanetOrphan 8.1.1.2.1.1

              Increase the Gravity of Mars ?????

              You don’t know anything about solar orbits do ya bud ?

              And most of the astroid belt is not water, and DTB’s comment that it has enough water are wrong, it’s all been leached by lack of gravity as you said.

              And the asteroids do not threaten earth , if there ever was a meteorite that would approach earth, it happened a long time ago.

              It would take an extra solar system commet to dislodge any, which again would’ve happened a long time before now.

              • Draco T Bastard

                You don’t know anything about solar orbits do ya bud ?

                I grabbed an orbital simulator off the net and let it run for a few million years with Mars at double Earth mass and it didn’t alter any orbits significantly enough to worry about.

                And most of the astroid belt is not water, and DTB’s comment that it has enough water are wrong, it’s all been leached by lack of gravity as you said.

                Wrong, go read the links I provided.

                And the asteroids do not threaten earth , if there ever was a meteorite that would approach earth, it happened a long time ago.

                Wrong again. There are quite literally billions of asteroids and we don’t know the orbits of most of them. Quite a few of the ones we do know about do intersect with Earth’s orbit though.

                • aerobubble

                  Do our progeny a favor or two, turn Mars into a second Earth (as much as possible) ready for when the sun grows hotter and Earth is unlivable, and remove the threat of a Dinosaur asteroid end for humankind. The technology learnt, the lessons and experience may actually be the pathway to the stars, whereas sitting on our backsides wasting the one time use nonrenewable to beat up fantasy characters in a virtual world….

Links to post

Recent Comments

Recent Posts

  • Waitangi 2016
    I have been to Waitangi every Waitangi Day except one since 2000. As usual, the good news and positive political events were ignored by many media. The Greens, for example, had a very good reception at Te Tii Marae. We… ...
    GreensBy Catherine Delahunty MP
    1 hour ago
  • Waitangi 2016
    I have been to Waitangi every Waitangi Day except one since 2000. As usual, the good news and positive political events were ignored by many media. The Greens, for example, had a very good reception at Te Tii Marae. We… ...
    GreensBy Catherine Delahunty MP
    1 hour ago
  • TPPA people power protests
    It was great to see such a big turnout – at least 15,000 in Auckland by some estimates. That’s a lot of people not buying the National Government’s spin on the TPPA. I was at the Auckland protests along with… ...
    GreensBy Denise Roche MP
    4 days ago
  • Ten Ways We can Honour Te Tiriti
    1. Learn about our history and current issues – Te Tiriti education is powerful, inspiring and available! 2. Learn about where you live and who the manawhenua are and what their issues in rebuilding their culture are. 3. Support manawhenua… ...
    GreensBy Catherine Delahunty MP
    4 days ago
  • “Not one more acre”
    The Public Works Act has too often been used to confiscate Māori land, and Members of Parliament will soon get a chance to vote to stop this. The original Public Works Act was developed in the 1860’s to facilitate… ...
    GreensBy Catherine Delahunty MP
    5 days ago
  • Rules needed so we can swim in Canterbury rivers
    First published in The Press on 1 February 2016 A work colleague recently asked me which rivers and lakes I’d recommend she take her son and nephew swimming during an upcoming visit to Christchurch, somewhere handy to the city. I… ...
    GreensBy Eugenie Sage MP
    7 days ago
  • Rules needed so we can swim in Canterbury rivers
    First published in The Press on 1 February 2016 A work colleague recently asked me which rivers and lakes I’d recommend she take her son and nephew swimming during an upcoming visit to Christchurch, somewhere handy to the city. I… ...
    GreensBy Eugenie Sage MP
    7 days ago
  • Vulnerable women the victims of Govt inaction
    The Government’s failure to address the housing crisis and its refusal to steps to raise wages have led to vulnerable women being exploited, Labour’s spokesperson for Women Ruth Dyson says. “Reports today that women are being offered free rent in… ...
    1 week ago
  • Vulnerable women the victims of Govt inaction
    The Government’s failure to address the housing crisis and its refusal to steps to raise wages have led to vulnerable women being exploited, Labour’s spokesperson for Women Ruth Dyson says. “Reports today that women are being offered free rent in… ...
    1 week ago
  • Vulnerable women the victims of Govt inaction
    The Government’s failure to address the housing crisis and its refusal to steps to raise wages have led to vulnerable women being exploited, Labour’s spokesperson for Women Ruth Dyson says. “Reports today that women are being offered free rent in… ...
    1 week ago
  • Vulnerable women the victims of Govt inaction
    The Government’s failure to address the housing crisis and its refusal to steps to raise wages have led to vulnerable women being exploited, Labour’s spokesperson for Women Ruth Dyson says. “Reports today that women are being offered free rent in… ...
    1 week ago
  • Vulnerable women the victims of Govt inaction
    The Government’s failure to address the housing crisis and its refusal to steps to raise wages have led to vulnerable women being exploited, Labour’s spokesperson for Women Ruth Dyson says. “Reports today that women are being offered free rent in… ...
    1 week ago
  • Vulnerable women the victims of Govt inaction
    The Government’s failure to address the housing crisis and its refusal to steps to raise wages have led to vulnerable women being exploited, Labour’s spokesperson for Women Ruth Dyson says. “Reports today that women are being offered free rent in… ...
    1 week ago
  • Arms Control a priority for the Pacific
    Labour’s Pacific Island Affairs spokesperson Su’a William Sio and Chair of New Zealand’s Parliamentarians for Global Action says his priority will be getting the Pacific to sign up to the Arms Trade Treaty after being appointed by the PGA as… ...
    2 weeks ago
  • Arms Control a priority for the Pacific
    Labour’s Pacific Island Affairs spokesperson Su’a William Sio and Chair of New Zealand’s Parliamentarians for Global Action says his priority will be getting the Pacific to sign up to the Arms Trade Treaty after being appointed by the PGA as… ...
    2 weeks ago
  • Arms Control a priority for the Pacific
    Labour’s Pacific Island Affairs spokesperson Su’a William Sio and Chair of New Zealand’s Parliamentarians for Global Action says his priority will be getting the Pacific to sign up to the Arms Trade Treaty after being appointed by the PGA as… ...
    2 weeks ago
  • Arms Control a priority for the Pacific
    Labour’s Pacific Island Affairs spokesperson Su’a William Sio and Chair of New Zealand’s Parliamentarians for Global Action says his priority will be getting the Pacific to sign up to the Arms Trade Treaty after being appointed by the PGA as… ...
    2 weeks ago
  • Arms Control a priority for the Pacific
    Labour’s Pacific Island Affairs spokesperson Su’a William Sio and Chair of New Zealand’s Parliamentarians for Global Action says his priority will be getting the Pacific to sign up to the Arms Trade Treaty after being appointed by the PGA as… ...
    2 weeks ago
  • Arms Control a priority for the Pacific
    Labour’s Pacific Island Affairs spokesperson Su’a William Sio and Chair of New Zealand’s Parliamentarians for Global Action says his priority will be getting the Pacific to sign up to the Arms Trade Treaty after being appointed by the PGA as… ...
    2 weeks ago
  • National must listen to Maori TPPA concerns
    The National Government must listen to the widespread opposition to the Trans-Pacific Partnership Agreement (TPPA) if it is to retain credibility with Māori, says Labour’s Maori Development spokesperson Kelvin Davis. “The Iwi Leaders Forum met with Trade Minister Todd McClay… ...
    2 weeks ago
  • National must listen to Maori TPPA concerns
    The National Government must listen to the widespread opposition to the Trans-Pacific Partnership Agreement (TPPA) if it is to retain credibility with Māori, says Labour’s Maori Development spokesperson Kelvin Davis. “The Iwi Leaders Forum met with Trade Minister Todd McClay… ...
    2 weeks ago
  • National must listen to Maori TPPA concerns
    The National Government must listen to the widespread opposition to the Trans-Pacific Partnership Agreement (TPPA) if it is to retain credibility with Māori, says Labour’s Maori Development spokesperson Kelvin Davis. “The Iwi Leaders Forum met with Trade Minister Todd McClay… ...
    2 weeks ago
  • National must listen to Maori TPPA concerns
    The National Government must listen to the widespread opposition to the Trans-Pacific Partnership Agreement (TPPA) if it is to retain credibility with Māori, says Labour’s Maori Development spokesperson Kelvin Davis. “The Iwi Leaders Forum met with Trade Minister Todd McClay… ...
    2 weeks ago
  • National must listen to Maori TPPA concerns
    The National Government must listen to the widespread opposition to the Trans-Pacific Partnership Agreement (TPPA) if it is to retain credibility with Māori, says Labour’s Maori Development spokesperson Kelvin Davis. “The Iwi Leaders Forum met with Trade Minister Todd McClay… ...
    2 weeks ago
  • National must listen to Maori TPPA concerns
    The National Government must listen to the widespread opposition to the Trans-Pacific Partnership Agreement (TPPA) if it is to retain credibility with Māori, says Labour’s Maori Development spokesperson Kelvin Davis. “The Iwi Leaders Forum met with Trade Minister Todd McClay… ...
    2 weeks ago
  • Bob Tizard’s passing an end of an era
    Labour Leader Andrew Little has expressed his deepest condolences to the family of former Labour MP and Deputy Prime Minister Bob Tizard who died this afternoon. Robert “Bob” Tizard was a Labour MP for 30 years, representing the seats of… ...
    2 weeks ago
  • Bob Tizard’s passing an end of an era
    Labour Leader Andrew Little has expressed his deepest condolences to the family of former Labour MP and Deputy Prime Minister Bob Tizard who died this afternoon. Robert “Bob” Tizard was a Labour MP for 30 years, representing the seats of… ...
    2 weeks ago
  • Bob Tizard’s passing an end of an era
    Labour Leader Andrew Little has expressed his deepest condolences to the family of former Labour MP and Deputy Prime Minister Bob Tizard who died this afternoon. Robert “Bob” Tizard was a Labour MP for 30 years, representing the seats of… ...
    2 weeks ago
  • Bob Tizard’s passing an end of an era
    Labour Leader Andrew Little has expressed his deepest condolences to the family of former Labour MP and Deputy Prime Minister Bob Tizard who died this afternoon. Robert “Bob” Tizard was a Labour MP for 30 years, representing the seats of… ...
    2 weeks ago
  • Bob Tizard’s passing an end of an era
    Labour Leader Andrew Little has expressed his deepest condolences to the family of former Labour MP and Deputy Prime Minister Bob Tizard who died this afternoon. Robert “Bob” Tizard was a Labour MP for 30 years, representing the seats of… ...
    2 weeks ago
  • Differing view on TPPA agreed
    Opposition Leader Andrew Little has given dispensation to MP Phil Goff to take his own position on the Trans Pacific Partnership Agreement due to his historic involvement in negotiating its predecessor, the P4. “Phil has had a longstanding involvement and… ...
    2 weeks ago
  • Differing view on TPPA agreed
    Opposition Leader Andrew Little has given dispensation to MP Phil Goff to take his own position on the Trans Pacific Partnership Agreement due to his historic involvement in negotiating its predecessor, the P4. “Phil has had a longstanding involvement and… ...
    2 weeks ago
  • Differing view on TPPA agreed
    Opposition Leader Andrew Little has given dispensation to MP Phil Goff to take his own position on the Trans Pacific Partnership Agreement due to his historic involvement in negotiating its predecessor, the P4. “Phil has had a longstanding involvement and… ...
    2 weeks ago
  • Differing view on TPPA agreed
    Opposition Leader Andrew Little has given dispensation to MP Phil Goff to take his own position on the Trans Pacific Partnership Agreement due to his historic involvement in negotiating its predecessor, the P4. “Phil has had a longstanding involvement and… ...
    2 weeks ago
  • Differing view on TPPA agreed
    Opposition Leader Andrew Little has given dispensation to MP Phil Goff to take his own position on the Trans Pacific Partnership Agreement due to his historic involvement in negotiating its predecessor, the P4. “Phil has had a longstanding involvement and… ...
    2 weeks ago
  • Differing view on TPPA agreed
    Opposition Leader Andrew Little has given dispensation to MP Phil Goff to take his own position on the Trans Pacific Partnership Agreement due to his historic involvement in negotiating its predecessor, the P4. “Phil has had a longstanding involvement and… ...
    2 weeks ago
  • Scandalous Saudi sheep saga rolls on
    It is scurrilous that the Government is pushing ahead with plans to spend many millions of taxpayer money on an abattoir in Saudi Arabia without knowing who’ll end up owning it, Labour MP David Parker says. “More than $12 million… ...
    2 weeks ago
  • Scandalous Saudi sheep saga rolls on
    It is scurrilous that the Government is pushing ahead with plans to spend many millions of taxpayer money on an abattoir in Saudi Arabia without knowing who’ll end up owning it, Labour MP David Parker says. “More than $12 million… ...
    2 weeks ago
  • Scandalous Saudi sheep saga rolls on
    It is scurrilous that the Government is pushing ahead with plans to spend many millions of taxpayer money on an abattoir in Saudi Arabia without knowing who’ll end up owning it, Labour MP David Parker says. “More than $12 million… ...
    2 weeks ago
  • Scandalous Saudi sheep saga rolls on
    It is scurrilous that the Government is pushing ahead with plans to spend many millions of taxpayer money on an abattoir in Saudi Arabia without knowing who’ll end up owning it, Labour MP David Parker says. “More than $12 million… ...
    2 weeks ago
  • Scandalous Saudi sheep saga rolls on
    It is scurrilous that the Government is pushing ahead with plans to spend many millions of taxpayer money on an abattoir in Saudi Arabia without knowing who’ll end up owning it, Labour MP David Parker says. “More than $12 million… ...
    2 weeks ago
  • Scandalous Saudi sheep saga rolls on
    It is scurrilous that the Government is pushing ahead with plans to spend many millions of taxpayer money on an abattoir in Saudi Arabia without knowing who’ll end up owning it, Labour MP David Parker says. “More than $12 million… ...
    2 weeks ago
  • Joyce destroys Government rail link certainty
    Infrastructure Minister Steven Joyce has destroyed the certainty the Prime Minister gave private sector investors in his State of the Nation announcement on the City Rail Link, Labour’s Auckland Issues spokesperson Phil Twyford says.   “Steven Joyce has again poured… ...
    2 weeks ago
  • Joyce destroys Government rail link certainty
    Infrastructure Minister Steven Joyce has destroyed the certainty the Prime Minister gave private sector investors in his State of the Nation announcement on the City Rail Link, Labour’s Auckland Issues spokesperson Phil Twyford says.   “Steven Joyce has again poured… ...
    2 weeks ago
  • Joyce destroys Government rail link certainty
    Infrastructure Minister Steven Joyce has destroyed the certainty the Prime Minister gave private sector investors in his State of the Nation announcement on the City Rail Link, Labour’s Auckland Issues spokesperson Phil Twyford says.   “Steven Joyce has again poured… ...
    2 weeks ago
  • Joyce destroys Government rail link certainty
    Infrastructure Minister Steven Joyce has destroyed the certainty the Prime Minister gave private sector investors in his State of the Nation announcement on the City Rail Link, Labour’s Auckland Issues spokesperson Phil Twyford says.   “Steven Joyce has again poured… ...
    2 weeks ago
  • Joyce destroys Government rail link certainty
    Infrastructure Minister Steven Joyce has destroyed the certainty the Prime Minister gave private sector investors in his State of the Nation announcement on the City Rail Link, Labour’s Auckland Issues spokesperson Phil Twyford says.   “Steven Joyce has again poured… ...
    2 weeks ago
  • Joyce destroys Government rail link certainty
    Infrastructure Minister Steven Joyce has destroyed the certainty the Prime Minister gave private sector investors in his State of the Nation announcement on the City Rail Link, Labour’s Auckland Issues spokesperson Phil Twyford says.   “Steven Joyce has again poured… ...
    2 weeks ago
  • Pasifika caucus visit as Kiribati water crisis deepens
    Water supplies are deteriorating in Kiribati as Labour’s  Pasifika climate change task force prepares to head there and Tuvalu, says Labour’s Pacific Climate Change Spokesperson Su’a William Sio.  “There is a growing crisis on the atolls due to water supplies… ...
    2 weeks ago
  • Pasifika caucus visit as Kiribati water crisis deepens
    Water supplies are deteriorating in Kiribati as Labour’s  Pasifika climate change task force prepares to head there and Tuvalu, says Labour’s Pacific Climate Change Spokesperson Su’a William Sio.  “There is a growing crisis on the atolls due to water supplies… ...
    2 weeks ago

  • Motorcycle riders over 40 at risk
    ACC and NZ Police are calling upon motorcyclists and drivers to do more to keep safe on the road. ...
    32 mins ago
  • Closure of Governance Review Ushers in a New Way
    A three-year review of the governance and representation structure of Waikato-Tainui has been brought to a close with the announcement of a new name for its representation body. ...
    2 hours ago
  • No further Tau flies found and restrictions now lifted
    The Ministry for Primary Industries (MPI) confirms that all restrictions on the movement of fruit and vegetables in Manurewa, Auckland, due to the Tau fly, have been lifted as of 2.26pm on Sunday 7 February. ...
    3 hours ago
  • Dame Claudia Orange blasted for cultural insens
    Iwi leader threatens Police involvement Ngapuhi leader David Rankin has stated he will call the Police if necessary over sacred artefacts which he lent to the new Waitangi Museum, but which he claims have been treated “like items at a… ...
    3 hours ago
  • Unintentional Child Injuries Declining
    According to Safekids Aotearoa’s recently released report Child Unintentional Deaths and Injuries in New Zealand, and Prevention Strategies, overall unintentional injury death rates have declined by 19% between 2001 and 2010. Leading causes of ...
    3 hours ago
  • Sexting as concerning for kiwi parents as cyberbullying
    Teenagers sharing naked pictures of themselves has become a number one concern for kiwi parents – with sexting emerging as the most-viewed topic on the digi-parenting.co.nz website. Since July last year, almost 10,000 people per month have visited www.digi-parenting.co.nz ...
    3 hours ago
  • Local lifeguards to assist in refugee crisis
    Local lifeguards to assist in refugee crisis On ANZAC weekend, six members of the Bethells Beach Surf Lifesaving Patrol will head to the Greek Island of Lesvos to assist current operations attempting to decrease the drowning rates for desperate ...
    4 hours ago
  • Awaroa Beach: Little Restraint From Labour
    The Taxpayers’ Union is telling politicians to butt out of the tremendous community effort to purchase a beach next to the Awaroa inlet in the Abel Tasman National Park after Labour Leader Andrew Little called upon the Government to stump… ...
    4 hours ago
  • McCully’s Condemnation of Satellite Launch Sadly Predictable
    Foreign Minister Murray McCully’s condemnation of North Korea’s launch of an earth observation satellite was predictable - he never strays far from American guidance. It was also sadly short-sighted. As a small country it is in our long-term interest ...
    5 hours ago
  • Draft Chapter on Proposed Reform of Te Ture Whenua Māori Act
    WAITANGI TRIBUNAL RELEASES DRAFT CHAPTER ON CLAIMS CONCERNING THE PROPOSED REFORM OF TE TURE WHENUA MĀORI ACT 1993 ...
    5 hours ago
  • Treaty of Waitangi – Found in Translation
    Wellington, New Zealand - Today, the New Zealand Society of Translators and Interpreters (NZSTI) announces the launch of the Treaty Times Thirty project. ...
    5 hours ago
  • Governor-General’s Waitangi Day Address
    Kia ora huihui tātou katoa. To the many, many people who have come at our invitation to celebrate this sacred day for the Treaty of Waitangi, I welcome you to Government House Auckland. I extend my greetings to all who… ...
    5 hours ago
  • Are You Ready to Vote in the Final Flag Referendum?
    Are You Ready to Vote in the Final Flag Referendum? The second referendum on the New Zealand flag is just a few weeks away, and the Electoral Commission wants to ensure all eligible New Zealanders are enrolled and ready to… ...
    5 hours ago
  • Bledisloe Garden Reception cancelled at Government House
    Rain has forced Government House Auckland to cancel the Bledisloe Garden Reception, which was due to start at 4pm this afternoon. The Governor-General, Sir Jerry Mateparae, will still be marking Waitangi Day with a special citizenship ceremony for 25 people… ...
    3 days ago
  • Call for Child Sex Abuse Inquiry
    6th February 2016 “We just haven’t had a Rolf Harris or Jimmy Savile to bring our own dirty laundry out into the open but the time bomb is ticking and powder-keg will ignite.” McVicar ...
    3 days ago
  • Maori are amongst the biggest beneficiaries of TPP
    In the lead up to Waitangi celebrations and the signing of the Trans Pacific Partnership in New Zealand this week, much is being made of Maori opposition to the TPP due to a lack of consultation and a perceived loss… ...
    4 days ago
  • Maori are amongst the biggest beneficiaries of TPP
    In the lead up to Waitangi celebrations and the signing of the Trans Pacific Partnership in New Zealand this week, much is being made of Maori opposition to the TPP due to a lack of consultation and a perceived loss… ...
    4 days ago
  • More than 27,000 new Kiwis in 2015
    This Waitangi Day, New Zealand will roll out the welcome mat to 24 new citizens at Government House, and acknowledge over 27,000 people who were granted citizenship last year. ...
    4 days ago
  • Demolition of 32 & 36 Glendevere Terrace
    Demolition of 32 & 36 Glendevere Terrace Land Information New Zealand (LINZ) and Southern Response today announced that the demolitions of 32 and 36 Glendevere Terrace, Redcliffs, Christchurch will begin next week. ...
    4 days ago
  • Next step in 2GP process
    Dunedin (Friday, 5 February 2016) – The next step in the process of establishing a new Dunedin City District Plan will be underway when further submissions are called for from 10 February. ...
    4 days ago
  • Next step in 2GP process
    Dunedin (Friday, 5 February 2016) – The next step in the process of establishing a new Dunedin City District Plan will be underway when further submissions are called for from 10 February. ...
    4 days ago
  • Report into diplomat debacle shows Ministers’ failures
    The report into the treatment of a diplomat found guilty of indecent assault highlights a failure of Government Ministers to show political leadership over sexual violence, the Green Party said today. ...
    4 days ago
  • Report into diplomat debacle shows Ministers’ failures
    The report into the treatment of a diplomat found guilty of indecent assault highlights a failure of Government Ministers to show political leadership over sexual violence, the Green Party said today. ...
    4 days ago
  • TPP Good News for New Zealand
    TPP Good News for New Zealand by Dr Llew Richards, chief executive of IANZ We all like to travel. We all buy stuff from overseas. But sometimes we pay up to twice the price for something in New Zealand that… ...
    4 days ago
  • TPP Good News for New Zealand
    TPP Good News for New Zealand by Dr Llew Richards, chief executive of IANZ We all like to travel. We all buy stuff from overseas. But sometimes we pay up to twice the price for something in New Zealand that… ...
    4 days ago
  • Council seeks submissions on bylaw amendment
    Palmerston North City Council is calling for submissions on a proposed amendment to the Signs and Use of Public Places Bylaw for Election Signs. ...
    4 days ago
  • Credit Ratings Agency Blackmails Christchurch City Council
    Credit Ratings Agency Blackmails Christchurch City Council on Asset Sales This story slipped by without comment from anyone in the Christmas rush. Better late than never. On December 8th the Press reported that: “Ratings agency Standard & Poor’s ...
    4 days ago
  • Ministry welcomes release of Whitehead Report
    The Ministry of Foreign Affairs and Trade has welcomed the public release of the Whitehead report. ...
    4 days ago
  • TPP Agreement bad for democracy
    International Trade Union Confederation TPP Agreement bad for democracy, rights, public services and health Brussels, 4 February 2016 (ITUC OnLine): The ITUC has called the Trans-Pacific Partnership Agreement (TPP) a major setback for employment ...
    4 days ago
  • TPP Agreement bad for democracy
    International Trade Union Confederation TPP Agreement bad for democracy, rights, public services and health Brussels, 4 February 2016 (ITUC OnLine): The ITUC has called the Trans-Pacific Partnership Agreement (TPP) a major setback for employment ...
    4 days ago
  • Peru signed the Trans-Pacific Partnership in NZ
    Thursday 4 February 2016 Press Release Peru's Foreign Trade and Tourism Minister Magali Silva has signed the Trans-Pacific Partnership (TPP) agreement in New Zealand's city of Auckland today along with her counterparts from 11 Pacific countries. The ...
    4 days ago
  • Peru signed the Trans-Pacific Partnership in NZ
    Thursday 4 February 2016 Press Release Peru's Foreign Trade and Tourism Minister Magali Silva has signed the Trans-Pacific Partnership (TPP) agreement in New Zealand's city of Auckland today along with her counterparts from 11 Pacific countries. The ...
    4 days ago
  • Protesters project giant message onto SkyCity
    Community organisations representing more than five and a half million people around the world have united to take joint action and express global opposition to the Trans-Pacific Partnership, as Trade Ministers sign the deal at SkyCity in Auckland. ...
    4 days ago
  • Protesters project giant message onto SkyCity
    Community organisations representing more than five and a half million people around the world have united to take joint action and express global opposition to the Trans-Pacific Partnership, as Trade Ministers sign the deal at SkyCity in Auckland. ...
    4 days ago
  • Reserve Bank highlights importance of market discipline
    Reserve Bank highlights importance of market discipline The Reserve Bank today highlighted the importance of market discipline as one of three pillars that help maintain the stability of financial institutions. In a speech this evening hosted by the NZ Bankers… ...
    4 days ago
  • Infrastructure to underpin development of the Northland regi
    “The release today of the Tai Tokerau Northland Economic Action Plan is strongly endorsed by the New Zealand Council for Infrastructure Development (NZCID) and will drive much needed employment, investment and growth in the region,” says NZCID ...
    5 days ago
  • Infrastructure to underpin development of the Northland regi
    “The release today of the Tai Tokerau Northland Economic Action Plan is strongly endorsed by the New Zealand Council for Infrastructure Development (NZCID) and will drive much needed employment, investment and growth in the region,” says NZCID ...
    5 days ago
  • Kiwis reject the TPPA
    Around 15,000 Kiwis marched down Queen Street today to protest against the signing of the TPPA. The march was loud, diverse, family-friendly, peaceful and passionate in its opposition to the TPPA. ...
    5 days ago
  • Kiwis reject the TPPA
    Around 15,000 Kiwis marched down Queen Street today to protest against the signing of the TPPA. The march was loud, diverse, family-friendly, peaceful and passionate in its opposition to the TPPA. ...
    5 days ago
  • NZ-US Council welcomes the signature of the TPP
    NZ-US Council welcomes the signature of the TPP The Executive Director of the NZ-US Council, Fiona Cooper Clarke, has welcomed the signature of the Trans Pacific Partnership (TPP) agreement in Auckland today. “We are delighted that the TPP has been… ...
    5 days ago
  • NZ-US Council welcomes the signature of the TPP
    NZ-US Council welcomes the signature of the TPP The Executive Director of the NZ-US Council, Fiona Cooper Clarke, has welcomed the signature of the Trans Pacific Partnership (TPP) agreement in Auckland today. “We are delighted that the TPP has been… ...
    5 days ago
  • Let Quake Outcasts Move on Says Human Rights Commissioner
    Let Quake Outcasts Move on Says Chief Human Rights Commissioner The Chief Human Rights Commissioner David Rutherford is calling on the Government yet again to settle the Quake Outcasts case following yesterday’s announcement that the Outcasts have ...
    5 days ago
  • Kiwifruit winner in TPP Agreement
    The Trans-Pacific Partnership (TPP) Agreement will generate significant value for the New Zealand kiwifruit industry and Zespri welcomes the signing of the Agreement today in Auckland. Zespri Chief Executive Lain Jager explains the TPP will eliminate ...
    5 days ago
  • Kiwifruit winner in TPP Agreement
    The Trans-Pacific Partnership (TPP) Agreement will generate significant value for the New Zealand kiwifruit industry and Zespri welcomes the signing of the Agreement today in Auckland. Zespri Chief Executive Lain Jager explains the TPP will eliminate ...
    5 days ago
  • Waihi Dam Update
    Waihi Dam Update Hawke’s Bay Regional Council is hopeful the discharge of sediment from the Waihi Dam into the Waiau River will cease by the end of next week. HBRC staff met with Eastland Group staff and contractors yesterday to… ...
    5 days ago
  • Waihi Dam Update
    Waihi Dam Update Hawke’s Bay Regional Council is hopeful the discharge of sediment from the Waihi Dam into the Waiau River will cease by the end of next week. HBRC staff met with Eastland Group staff and contractors yesterday to… ...
    5 days ago
  • Campaigners vow “final battle” to prevent massive deal
    As TPP is signed in Auckland casino, campaigners vow “final battle” to prevent massive deal being ratified ...
    5 days ago
  • Paddling Cape to Cape for a Cause
    A mission that will see him spend three week on stand up paddle board, paddling from the South Cape to the top of the East Cape of the North Island. ...
    5 days ago
  • Trust applauds $4m government funding for art centre
    Today's announcement of central government support, made by Minister of Economic Development Steven Joyce, provides a key step forward in funding for Whangarei’s Hundertwasser Art Centre & Wairau Maori Art Gallery. ...
    5 days ago
  • Horticulture Welcomes TPP Signing
    New Zealand’s peak body for commercial fruit and vegetable growers, Horticulture New Zealand, has welcomed the official New Zealand signing of the Trans Pacific Partnership agreement today. Horticulture is New Zealand’s fourth largest export earner, sending ...
    5 days ago

Public service advertisements by The Standard

Current CO2 level in the atmosphere