NRT: “A wish, a target, and a dream”

Written By: - Date published: 6:47 pm, May 12th, 2014 - 58 comments
Categories: accountability, bill english, david cunliffe, Economy, employment, helen clark, john key, labour, national, Politics, same old national, unemployment - Tags:

no-right-turn-256No Right Turn shows that John Key has no real understanding of the economic and political history of this country. Probably because the last time another economic illiterate from National said that the prospect of reducing unemployment in NZ to below 6% was “a hoax”, John Key wasn’t here. He probably heard it from that illiterate, who once again is our minister of finance. Unemployment under Labour was as low as 3.3%

Back in 1999, when Labour promised to reduce unemployment below the prevailing 6% set by National, Bill English dismissed it as “a hoax”. But by changing the Reserve Bank’s Policy Targets Agreement and investing heavily in regional development, they ground unemployment down to 3.3% in 2007 – and delivered higher living standards for all into the bargain. Today, they promised to reduce unemployment to 4% by the end of their first term. The Prime Minister’s response? It’s “a wish, a target, and a dream”.

Again we see the constraints of National’s “hands off” thinking on the economy: they can’t imagine a better world than the miserable one Treasury predicts, because that would require the government to actually do something. Instead, their vision of “effective government” is apparently one where Ministers are paid a quarter of a million a year to sit on their arses and decry the possibility of ever doing anything. But we know that such a world can exist: we’ve lived there in the past, and we know that a government which actually decides to intervene can deliver it. All we have to do is vote for it.

58 comments on “NRT: “A wish, a target, and a dream” ”

  1. Philj 1

    xox
    This is a hands off, do little non government. Let big business and corporates have their way. The list is too long …..

    • Sacha 1.1

      It is not “hands-off”.

      Can we please retire that useless line which has done nobody any good over the last 5 years. This government has intervened an awful lot – in destructive ways. Pretty hard to hold them accountable for that if you’re denying they did anything.

      Money does not end up in the pockets of shareholders rather than workers all on its own.

      • Ergo Robertina 1.1.1

        +1

      • To be fair, they’ve also intervened in a few ways that haven’t so much sabotaged the economy as just improved it for the already-well-off. (Although I would definitely say the vast majority of their policy is either destructive of the economy in general or at least ignores the overall health of it in favour of the economic welfare of a few)

      • politikiwi 1.1.3

        “Money does not end up in the pockets of shareholders rather than workers all on its own.”

        I take your point, but Thomas Picketty would (I think) argue that this is achieved by the mechanism of capitalism, with or without government intervention as a cause. (National have accelerated the charge, though.)

  2. millsy 2

    4%? Should be zero IMO. Even if we have to pay people minimum wage to paint up the local hall.

    • Sacha 2.1

      4% during their first term is a good start.

    • Jagg 2.2

      And what of cyclical and frictional unemployment – or are you not familiar with such terms?

      In fact it is cyclicality that Cunliffe is very much dependent upon to deliver this “promise”. If he is to deliver on this prediction it will be very much dependent upon economic momentum built now and wider reaching global macro trends that look to be in his favour – almost a do nothing scenario if ever there was one… still open to accusations of over-promising though.

      Cyclicality was the same reason Labour was able to get employment down to 3.3% in their last term. High employment kind of is a symptom of cyclicality, especially when you happen to be in power during the biggest global asset bubble of, well, ALL TIME! Conveniently like to overlook these minor details don’t we.

      • Colonial Viper 2.2.1

        Meh, “cyclicality” another one of those useless economic concepts from another one of those useless economists who has been promising a turn around in the global economy “next year” since about 2010.

        Wake up and smell the fish, mate. We are experiencing a secular change in economic dynamics world wide, largely (but not solely) because of chronic energy depletion.

        While minor economic cycles of minor ups and downs may remain, developed countries are caught in a permanent downdraft now where only the 5% do well and everyone else struggles worse and worse.

        It’s been a miserable economy for 5-6 years now, this is becoming NZ’s “lost decade” and it will not be the last.

        • Jagg 2.2.1.1

          Seriously?

          For Cunliffe, and by proxy the NZ left in general, to deliver on giving the world to everyone and us all living in a permanent state of Zen he is clearly relying on riding a global growth wave that all the “useless” economists are predicting.
          Well I’m at least glad you’re just as skeptical of Cunliffe’s 4% claim as I am – especially given your terminal pessimism. Speaking of terminal pessimism – honestly, mate, I’ve read a lot of what you write – is there anything (other than projecting your miserable view of the world) that gives you reason to smile?

          I digress – This may have escaped you but the credit expansion and resulting collapse that led to this whole 5-6 year mess was principally driven by over-exuberance in real estate speculation- not a sudden epiphany that the world was going to experience an energy apocalypse.

          If chronic energy depletion was such an issue then why did global renewable energy stocks crash? Why are none of the NZ Gentailers seriously interested in major projects… oh yeah, that’s right, we currently have a supply glut in New Zealand.

          If anything the recovery we’ve seen has come from the US realising that they are the Saudi Arabia of shale gas – hardly a lack of energy. Do you get out at all?

          • vto 2.2.1.1.1

            I have no idea if CV gets out at all, but you clearly don’t if you believe this was the root cause of the GFC … “This may have escaped you but the credit expansion and resulting collapse that led to this whole 5-6 year mess was principally driven by over-exuberance in real estate speculation”

            Dunce

            • Jagg 2.2.1.1.1.1

              Err… if not real estate, then what exactly do you think is the basis for people trading mortgage-backed securities??? Dreams of fairy dust?
              What was the asset backing that then flowed on to give people confidence to write billions of dollars in worthless credit default options… yep, real estate.

              Honestly?

              • framu

                “Err… if not real estate, then what exactly do you think is the basis for people trading mortgage-backed securities??? ”

                havent you got that backwards?

                mortgage backed securities was the product being traded – approving mortgages was just the mechanism which kept it all going

                ie: real estate was the symptom not the cause

              • Draco T Bastard

                What was the asset backing that then flowed on to give people confidence to write billions of dollars in worthless credit default options… yep, real estate.

                Nope. Interest rates and the ability to get a hell of a lot of money without actually doing anything. That’s the true driver of bubbles.

          • Draco T Bastard 2.2.1.1.2

            If anything the recovery we’ve seen has come from the US realising that they are the Saudi Arabia of shale gas – hardly a lack of energy.

            hahahahahahahaha

            Oh, wait, you were serious.

            • Colonial Viper 2.2.1.1.2.1

              Fucking funny seeing a right wing troll like this recycle Oil industry PR lines from across the Pacific

              The Shale industry is a crash and burn affair, 5 more years of altitude is all it has.

      • Draco T Bastard 2.2.2

        In fact it is cyclicality that Cunliffe is very much dependent upon to deliver this “promise”.

        Nope because the business cycle can be removed from the economy if we drop the delusional neo-liberal paradigm. Well, actually, drop capitalism.

        • Jagg 2.2.2.1

          Haha – full unemployment and no capitalism, the dream… just the small dead rat to swallow of being a SERIOUSLY LOW wage economy.

          Oh, and if the “socialist paradises” of North Korea and Venezuela who also don’t need that pesky capitalism monster are anything to go by – widespread starvation and a lack of toilet paper.
          I. Can’t. Wait!!

          There’ll be no need to worry about inequality then.

          • Colonial Viper 2.2.2.1.1

            Hey shit for brains, the biggest socialist country in the world is the USA – a haven for corporate welfare and socialism of the 1%.

            Seriously, catch up, the rest of us saw through your charade a long time ago.

            BTW energy is the currency of the future, not keyboard printed USD. You really need to grow up and get onboard the train mate before it is too late, the 21st Century is the century of upheaval and civilisation decline.

            Haha – full unemployment and no capitalism, the dream… just the small dead rat to swallow of being a SERIOUSLY LOW wage economy.

            Oh fuck off according to your species, a ‘seriously low wage’ is good for corporate profits and for your big business paymasters, so what are you whining about.

            • Jagg 2.2.2.1.1.1

              “Hey shit for brains”… awfully personal don’t you think – I mean I can take being called names, but, given you’ve said it a couple of times, I’m starting to develop a complex that I might have shit for brains. I thought you guys on the left were a caring bunch? With my views on the world I can’t imagine I’d last long around here calling people names like that.

              “the 21st Century is the century of upheaval and civilisation decline” Honestly mate, I can’t understand how you have such unbounded optimism in the human race.

              My species haha… you mean us reptilian humaniods, man, you got me.

              Pretty hard to make corporate profits when:
              i) all your funding lines have fled the country so the price of borrowing becomes extortionate;
              ii) tariffs and border controls mean you can’t get supplies or if you do they kill your margins and your competitiveness if you want to export;
              iii) inflation starts to rip into your operating cost base but you can’t cover your costs through domestic sales; and/or
              iv) the state just summarily decides you make a living so seizes your assets.

              • Colonial Viper

                So you know how to recite the modus operandi of the bankster class Economic Hitmen.

                Big deal.

    • Colonial Viper 2.3

      4%? Should be zero IMO. Even if we have to pay people minimum wage to paint up the local hall.

      OR

      write up local histories
      produce plays set around nearby landmarks and events
      publish stories and news about local people and businesses
      create artworks with which to beautify local communities
      teach, support and counsel people in the neighbourhood who need an extra helping hand
      advocate on behalf of those vulnerable who cannot or don’t know how

      ETC

      Basically there is shitloads of undone work in society which if done would help grow peoples sense of self worth and mission

      BUT

      Oh we can’t have that “4% is a good start for the first term” what tripe (no offence intended Sacha) like having only 200,000 kids in poverty by the end of the first term instead of 300,000 yeah that’s not bad but think about it, that’s still 200,000 fucking wasted young NZ lives but let’s pat ourselves on the back shall we for a job well done break open a case of the methode traditionalle from Marlborough shall we and celebrate.

  3. Colonial Viper 3

    Sigh.

    In our current system of debt based money supply, you need accelerating levels of debt to achieve decreasing levels of unemployment.

    Steve Keen, the Australian economist, demonstrated this 5-6 years ago.

    Crediting Labour with having low unemployment during its recent term without crediting Labour for massively increasing levels of private/mortgage/farm debt during that term is tantamount to telling only half the story.

    PS Labour doesn’t believe in actual full employment (everyone who wants a full time job can get a full time job), but in the bullshit “full employment” as defined by neoliberal macroeconomics.

    • Jagg 3.1

      You mean the same “bullshit” concept of full employment in a “neoliberal” (whatever that meaningless term means) macroeconomic environment that results in increased inflationary pressures and hurting the most vulnerable in the economy in any case?

      I’m kind of glad that Labour believes in that. Actual full employment is a total myth anyway because frictional unemployment ALWAYS exists… unless you’re saying that people aren’t allowed to ever switch jobs.

      • vto 3.1.1

        Don’t you know what “neoliberal” means? Go do some homework on “liberal” and what resulted from that a while ago, you silly schoolboy. Then think about what the “neo” bit means, then further implication henceforth…

        • Jagg 3.1.1.1

          My point, which you have been so good to highlight, is that the term “neoliberal” is nothing more than that… a label. It actually has no grounding in economic theory. It’s just a dog-whistle term that the left uses to attach political meaning to their interpretation of classical and neoclassical economic theory (that’s actually the name of the theory not me trying to imply anything – look it up, you silly schoolboy you!).

          I don’t know what “neoliberal” means because it has no meaning in economics – it only has meaning for left-wing tragics… such as yourself 😉

          • Colonial Viper 3.1.1.1.1

            Hey shit for brains, everyone else here gets what neoliberal economics is about. It’s not the academic discipline, it is the socio-political force.

            Maybe it’s you who should get up to speed eh? Catch up with the Lefties who figured this out years ago. The fact though that you still kowtow to the mainstream economists and their private sector paymasters and sponsors who are supporting the destruction of our ecosystem and hence our civilisation, for the sake of their own careers and pay packets no less, demonstrates that you need to grow up and fast.

            Neoliberalism is a disease. You have it. Get fucked but don’t take us all with you.

            • Jagg 3.1.1.1.1.1

              Mate, this also might come as a surprise to you (don’t get out etc, etc, etc)… I’ll whisper it so no one else hears:

              The Standard is one big echo chamber, “everyone else here” just listens and agrees with “everyone else here”‘s view of the world – that includes the meaningless of the term “neoliberalism”.. which as I say only has real meaning to left wing tragics.. that meaning being:
              – Free markets = BAD
              – Globalisation = BAD
              – Private Sector growth = BAD
              – Small government = BAD
              – Corporations = EVIL & BAD

              I know that’s what the label means but it just has no real grounding in economic theory – so it’s kind of funny when you say neoliberal economics.

              • Colonial Viper

                All my mates know what neoliberal economics is. It’s not my problem if you pointy headed textbook types don’t.

                But you are already obsolete; too many people have seen through the charade of your neoliberal species now, we’ve been on to you for a long time as an overseer and obfuscator for the power elite.

                – Free markets = BAD
                – Globalisation = BAD
                – Private Sector = BAD
                – Corporations = EVIL & BAD
                – Big Government = GOOD

                Not merely “evil & bad” you loser; corporate systems of capitalism are systems of death and environmental collapse.

                Remember that while you pursue the all mighty dollar.

                Systems of death and environmental collapse.

                • Jagg

                  Sorry I did forget those claims:
                  – Corporations = EVIL & BAD & DEATH & ENVIRONMENTAL COLLAPSE.
                  Fixed now.

                  Don’t want to labour the point but I’m not surprised all your mates “know” what it means.

                  “Corporate systems of capitalism are systems of death and environmental collapse.”
                  …Because all the alternatives have clearly resulted in democratic utopias where everyone lives with unbounded wealth and human rights are held in the very highest esteem.

                  • Colonial Viper

                    Who cares about the fucking alternatives (of which there are actually plenty – breaking up TBTF, localising the economy and democratising ownership of economic assets for instance), I am simply stating a fact, that corporate systems of capitalism are an unbounded revolutionary force which from a moral standpoint are systems of death and environmental collapse.

                    This are not fucking difficult concepts to grasp, look up a dictionary if that will help you, SYSTEMS OF DEATH and ENVIRONMENTAL COLLAPSE

                    PS you trying to imply that corporate systems embrace or support “democracy” is a fucking joke, why don’t you sing the star spangled banner for an encore

                    • Jagg

                      Well, I know there are a few alternatives out there but I actually would kind of care that at least one of them guaranteed me:
                      – Democratic freedoms;
                      – A life above the bread line (I mean bread and water would be nice);
                      – Opportunity for my children; and
                      – Some rudimentary human rights (even Magna Carta c.1215 would do)…

                      Is that too much to ask? I’m just not convinced that any of them have conclusively been proven to tick all the boxes.

                    • McFlock

                      Capitalism guarantees none of those things.

                      You’re a fool if you think it does.

                      Frankly, I think you’re confusing “capitalism” with “democracy”. And even democracy falls short.

                    • Jagg

                      I didn’t say it guarantees anything but it’s done a fair bit better than anything else that’s been put into practice.

                    • Colonial Viper

                      Corporate capitalism is a highly organised and revolutionary system of death and environmental destruction.

                      Does that sound like it will deliver you with “democracy”, life “above the bread line”, “opportunities” for children, etc. Don’t be stupid. The kids of today’s primary school children are in line to inherit the ashes of today’s ecosystem from us.

                    • McFlock

                      🙄

                      Try keynesianism of the 1950s-60s then.

                    • Jagg

                      Yep, Keynesianism, why not…. I mean:

                      When countries around the world were under intense scrutiny in 2008 for the level of sovereign debt they held the best thing we could have done was to borrow more to stimulate aggregate demand… except rating agencies would have called us out (rightly or wrongly) raising the cost of borrowing on our mountain of private and household debt.

                      Funny how the left has difficulty accepting people taking even the most educated positions in capital markets but is fine with their government taking speculative positions on the global macro environment… especially when their government is so small that any action or policy it takes is akin to pissing into the wind.

                    • Colonial Viper

                      Another neoliberal idiot who thinks the GFC was caused by sovereign debt…newsflash moron…it wasn’t.

                      except rating agencies would have called us out (rightly or wrongly)

                      Ah yes, the ratings agencies, the bankster associates who were the ones who had the whole world including Spain, Italy, Greece and Lehman Brothers at an investment grade in early 2007.

                      What the fuck do those criminally corrupt Morans know. After all, they classed subprime mortgage debt as triple-A so that they could collect big fees even while they hung pension funds and municipalities out to dry.

                    • Tracey

                      lol @ capitalism guarantees you democracy….

                      and yet so many countries had capitalism way before indigenous people and women could even vote.

          • McFlock 3.1.1.1.2

            I don’t know what “neoliberal” means because it has no meaning in economics
            lol

            Do you know what “mother” means, or “human”, then?

            Fucking cultist. Try thinking for yourself rather than assuming Milton Freidman used all the words you will ever need.

            start here

            • Jagg 3.1.1.1.2.1

              Cultist – yeah, you’re right, worshiping at the alter of empirical research and peer reviewed academia is so irrational isn’t it?

              • McFlock

                Are you seriously arguing that economics is empirical?

                It relies on abstract mathematical models and real-world experience is retrofitted to suit those models. Nothing is repeatable, and if something unexpected happens they backsplain it to suit.

                Look at the stock market – they can’t predict daily fluctuations, and they can’t predict long term trends, and they can’t predict sudden cataclysms. Empirical research my arse.

                With peers like that, who needs review?

                • Jagg

                  How silly of me…

                  Well let’s rewrite the books then – put your prices up and pump up production everyone because supply has nothing to do with demand.

                  • McFlock

                    What’s silly is assuming that a two-factor linear chart can predict a complex system.

                    At best it can only tell you what happened yesterday. Try that with a real science like physics, you’d get laughed out of the room.

                  • miravox

                    “Well let’s rewrite the books then”

                    Funny you should say that

                  • framu

                    thats not even close to answering the question

                    it was this

                    “Are you seriously arguing that economics is empirical?”

                    do you dispute McFlocks statements? can you argue against his/her statement?

                    it would seem by your reply that you cant – oh well, no surprises there – economics isnt called the dismal ‘science’ for nothing is it now?

                    ive also noticed that the longer youve gone on this thread the more weird and out of context your ranting has gotten – odd

                • Phil

                  Are you seriously arguing that economics is empirical?

                  “Empirical research is a way of gaining knowledge by means of direct and indirect observation or experience.”

                  It depends on the specifics of the economics but, generally, yes, it is empirical. The problem with your comment is you expect Economics (as a whole field) to then do something with its empirical research that it does not set out to do – predict the future with certainty.

                  If you look at pretty much any economics textbook today, or through a paper published in one of the major journals, you’ll see screeds and screeds of mathematical formula. There will be appendices showing the statistical results of a wide range of computations, and charts demonstrating the validity, or arguing the invalidity, or whatever premise or condition is being studied.

                  The questions economists are studying and answering are not “where will the stock market be in two years time?” but “why did the stock market grow rapidly over the last two years?” If we (either economists or others) then choose to draw conclusions about what policy prescriptions should be part of our future, then we need to remember that we’re not controlling for all external factors.

              • Dave

                Your logic has gone around in circles Jagg. You say you worship at the alter of empirical evidence and peer reviewed academia. But the statistics, in the long form, over the last 40 years has shown a decrease in the important statistics that matter to the 90%, I won’t go into the particulars. Everyone here should know the statistics, if you don’t, go away and read some of this academia you talk about.

              • Murray Olsen

                Thinking economics is a science, and
                worshipping at some weird altar
                are just wrong. Yeah, I’d go so far as to call you irrational. And dishonest.

                • Phil

                  Thinking economics is a science, and worshipping at some weird altar are just wrong.

                  Here’s a thought, by way of comparison:
                  ‘Cosmos’ is quite possibly the most artistically beautiful television show ever produced. It’s taking some incredibly difficult scientific concepts and presenting them in a way that’s communicable to the vast majority of the population. It necessarily leaves out the most complex mathematical elements and that can, at times, lead people to conclusions with that will be false. It walks a narrow path between art and science.

                  Economics as a field, while not nearly as pretty at ‘Cosmos’ and the dulcet tones of Dr deGrasse-Tyson, struggles with the same issues of presentation and the balance between science and art.

                  Discussion of homo-economicus is a perfect example. It’s easier to debate with non-economists the principles of rational markets and equilibrium if you start from ‘everyone is always rational’. The steps taken to get to an equilibrium state are easier to understand, but people get hung-up on the premise of rationality.

              • Tracey

                by alter dd you

                worship at the change of empirical research…

                you sir are worshipping at the alar of economic zealotry. it appears if it isnt in a textbook you like, it mustnot be considered.

                economists are a bigger scurge on society than lawyers…

  4. Philj 4

    xox
    Sacha. I take your point, that government has done some /plenty, devious and nasty stuff, by a thousand cuts. But they have also stood by when it comes to regulating forestry safety, water pollution, Sky tv regulation, worker safety, leaky buildings, weak mining inspectorate, TVNZ 7, prosecute Banksie, Christchurch earthquakes ( its up to the council to sort out )etc. But you are correct in your comment.

    • Macro 4.1

      “But they have also stood by when it comes to regulating forestry safety, water pollution, Sky tv regulation, worker safety, leaky buildings, weak mining inspectorate, TVNZ 7, prosecute Banksie, Christchurch earthquakes ”
      you have to be joking!
      Or do you mean “they have sat on their hands”?

  5. Jagg 5

    Where’s everyone gone?

    Must be bed time.

  6. Jim 6

    Labour is predicting 4% unemployment after 3 years, Shonky stated this morning that the budget predicts 4.5%. This would be about right given Labours history of having lower unemployment than national. Shonky also challenges labour to justify its predictions of going surpluses. National are also predicting on going surpluses and as labour have a better record of producing surpluses, labours predictions are about right. So all this is just name calling rather than a debate in my view.

    As for debating whether neoliberal is a valid term when discussing economics. My understanding is that it is a term that originally came out of Germany and has been given new meaning by the left. Left leaning economic faculties in Europe and England such as the London School of Economics will likely have economic definitions for economic neoliberalism.

  7. captain hook 7

    he was trying to pronounce appropriate last night on the teevee but it still came out appropeeit.
    well I think it would be appropeeit if he just resigned now and went back to where he came from before he gets his pink slip in September.

Recent Comments

Recent Posts

  • $41m to support clean energy in South East Asia
    New Zealand is demonstrating its commitment to reducing global greenhouse emissions, and supporting clean energy transition in South East Asia, through a contribution of NZ$41 million (US$25 million) in climate finance to the Asian Development Bank (ADB)-led Energy Transition Mechanism (ETM). Prime Minister Christopher Luxon and Climate Change Minister Simon Watts announced ...
    BeehiveBy beehive.govt.nz
    1 hour ago
  • Minister releases Fast-track stakeholder list
    The Government is today releasing a list of organisations who received letters about the Fast-track applications process, says RMA Reform Minister Chris Bishop. “Recently Ministers and agencies have received a series of OIA requests for a list of organisations to whom I wrote with information on applying to have a ...
    BeehiveBy beehive.govt.nz
    3 hours ago
  • Judicial appointments announced
    Attorney-General Judith Collins today announced the appointment of Wellington Barrister David Jonathan Boldt as a Judge of the High Court, and the Honourable Justice Matthew Palmer as a Judge of the Court of Appeal. Justice Boldt graduated with an LLB from Victoria University of Wellington in 1990, and also holds ...
    BeehiveBy beehive.govt.nz
    4 hours ago
  • Education Minister heads to major teaching summit in Singapore
    Education Minister Erica Stanford will lead the New Zealand delegation at the 2024 International Summit on the Teaching Profession (ISTP) held in Singapore. The delegation includes representatives from the Post Primary Teachers’ Association (PPTA) Te Wehengarua and the New Zealand Educational Institute (NZEI) Te Riu Roa.  The summit is co-hosted ...
    BeehiveBy beehive.govt.nz
    5 hours ago
  • Value of stopbank project proven during cyclone
    A stopbank upgrade project in Tairawhiti partly funded by the Government has increased flood resilience for around 7000ha of residential and horticultural land so far, Regional Development Minister Shane Jones says. Mr Jones today attended a dawn service in Gisborne to mark the end of the first stage of the ...
    BeehiveBy beehive.govt.nz
    5 hours ago
  • Anzac commemorations, Türkiye relationship focus of visit
    Foreign Affairs Minister Winston Peters will represent the Government at Anzac Day commemorations on the Gallipoli Peninsula next week and engage with senior representatives of the Turkish government in Istanbul.    “The Gallipoli campaign is a defining event in our history. It will be a privilege to share the occasion ...
    BeehiveBy beehive.govt.nz
    5 hours ago
  • Minister to Europe for OECD meeting, Anzac Day
    Science, Innovation and Technology and Defence Minister Judith Collins will next week attend the OECD Science and Technology Ministerial conference in Paris and Anzac Day commemorations in Belgium. “Science, innovation and technology have a major role to play in rebuilding our economy and achieving better health, environmental and social outcomes ...
    BeehiveBy beehive.govt.nz
    8 hours ago
  • Comprehensive Partnership the goal for NZ and the Philippines
    Prime Minister Christopher Luxon held a bilateral meeting today with the President of the Philippines, Ferdinand Marcos Jr.  The Prime Minister was accompanied by MP Paulo Garcia, the first Filipino to be elected to a legislature outside the Philippines. During today’s meeting, Prime Minister Luxon and President Marcos Jr discussed opportunities to ...
    BeehiveBy beehive.govt.nz
    19 hours ago
  • Government commits $20m to Westport flood protection
    The Government has announced that $20 million in funding will be made available to Westport to fund much needed flood protection around the town. This measure will significantly improve the resilience of the community, says Local Government Minister Simeon Brown. “The Westport community has already been allocated almost $3 million ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Taupō takes pole position
    The Government is proud to support the first ever Repco Supercars Championship event in Taupō as up to 70,000 motorsport fans attend the Taupō International Motorsport Park this weekend, says Economic Development Minister Melissa Lee. “Anticipation for the ITM Taupō Super400 is huge, with tickets and accommodation selling out weeks ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Cost of living support for low-income homeowners
    Local Government Minister Simeon Brown has announced an increase to the Rates Rebate Scheme, putting money back into the pockets of low-income homeowners.  “The coalition Government is committed to bringing down the cost of living for New Zealanders. That includes targeted support for those Kiwis who are doing things tough, such ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Government backing mussel spat project
    The Coalition Government is investing in a project to boost survival rates of New Zealand mussels and grow the industry, Oceans and Fisheries Minister Shane Jones has announced. “This project seeks to increase the resilience of our mussels and significantly boost the sector’s productivity,” Mr Jones says. “The project - ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Government focused on getting people into work
    Benefit figures released today underscore the importance of the Government’s plan to rebuild the economy and have 50,000 fewer people on Jobseeker Support, Social Development and Employment Minister Louise Upston says. “Benefit numbers are still significantly higher than when National was last in government, when there was about 70,000 fewer ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Clean energy key driver to reducing emissions
    The Government’s commitment to doubling New Zealand’s renewable energy capacity is backed by new data showing that clean energy has helped the country reach its lowest annual gross emissions since 1999, Climate Change Minister Simon Watts says. New Zealand’s latest Greenhouse Gas Inventory (1990-2022) published today, shows gross emissions fell ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Earthquake-prone buildings review brought forward
    The Government is bringing the earthquake-prone building review forward, with work to start immediately, and extending the deadline for remediations by four years, Building and Construction Minister Chris Penk says. “Our Government is focused on rebuilding the economy. A key part of our plan is to cut red tape that ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Thailand and NZ to agree to Strategic Partnership
    Prime Minister Christopher Luxon and his Thai counterpart, Prime Minister Srettha Thavisin, have today agreed that New Zealand and the Kingdom of Thailand will upgrade the bilateral relationship to a Strategic Partnership by 2026. “New Zealand and Thailand have a lot to offer each other. We have a strong mutual desire to build ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Government consults on extending coastal permits for ports
    RMA Reform Minister Chris Bishop and Transport Minister Simeon Brown have today announced the Coalition Government’s intention to extend port coastal permits for a further 20 years, providing port operators with certainty to continue their operations. “The introduction of the Resource Management Act in 1991 required ports to obtain coastal ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Inflation coming down, but more work to do
    Today’s announcement that inflation is down to 4 per cent is encouraging news for Kiwis, but there is more work to be done - underlining the importance of the Government’s plan to get the economy back on track, acting Finance Minister Chris Bishop says. “Inflation is now at 4 per ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • School attendance restored as a priority in health advice
    Refreshed health guidance released today will help parents and schools make informed decisions about whether their child needs to be in school, addressing one of the key issues affecting school attendance, says Associate Education Minister David Seymour. In recent years, consistently across all school terms, short-term illness or medical reasons ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Unnecessary bureaucracy cut in oceans sector
    Oceans and Fisheries Minister Shane Jones is streamlining high-level oceans management while maintaining a focus on supporting the sector’s role in the export-led recovery of the economy. “I am working to realise the untapped potential of our fishing and aquaculture sector. To achieve that we need to be smarter with ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Patterson promoting NZ’s wool sector at International Congress
    Associate Agriculture Minister Mark Patterson is speaking at the International Wool Textile Organisation Congress in Adelaide, promoting New Zealand wool, and outlining the coalition Government’s support for the revitalisation the sector.    "New Zealand’s wool exports reached $400 million in the year to 30 June 2023, and the coalition Government ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Removing red tape to help early learners thrive
    The Government is making legislative changes to make it easier for new early learning services to be established, and for existing services to operate, Associate Education Minister David Seymour says. The changes involve repealing the network approval provisions that apply when someone wants to establish a new early learning service, ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • RMA changes to cut coal mining consent red tape
    Changes to the Resource Management Act will align consenting for coal mining to other forms of mining to reduce barriers that are holding back economic development, Resources Minister Shane Jones says. “The inconsistent treatment of coal mining compared with other extractive activities is burdensome red tape that fails to acknowledge ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • McClay reaffirms strong NZ-China trade relationship
    Trade, Agriculture and Forestry Minister Todd McClay has concluded productive discussions with ministerial counterparts in Beijing today, in support of the New Zealand-China trade and economic relationship. “My meeting with Commerce Minister Wang Wentao reaffirmed the complementary nature of the bilateral trade relationship, with our Free Trade Agreement at its ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Prime Minister Luxon acknowledges legacy of Singapore Prime Minister Lee
    Prime Minister Christopher Luxon today paid tribute to Singapore’s outgoing Prime Minister Lee Hsien Loong.   Meeting in Singapore today immediately before Prime Minister Lee announced he was stepping down, Prime Minister Luxon warmly acknowledged his counterpart’s almost twenty years as leader, and the enduring legacy he has left for Singapore and South East ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • PMs Luxon and Lee deepen Singapore-NZ ties
    Prime Minister Christopher Luxon held a bilateral meeting today with Singapore Prime Minister Lee Hsien Loong. While in Singapore as part of his visit to South East Asia this week, Prime Minister Luxon also met with Singapore President Tharman Shanmugaratnam and will meet with Deputy Prime Minister Lawrence Wong.  During today’s meeting, Prime Minister Luxon ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Antarctica New Zealand Board appointments
    Foreign Minister Winston Peters has made further appointments to the Board of Antarctica New Zealand as part of a continued effort to ensure the Scott Base Redevelopment project is delivered in a cost-effective and efficient manner.  The Minister has appointed Neville Harris as a new member of the Board. Mr ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Finance Minister travels to Washington DC
    Finance Minister Nicola Willis will travel to the United States on Tuesday to attend a meeting of the Five Finance Ministers group, with counterparts from Australia, the United States, Canada, and the United Kingdom.  “I am looking forward to meeting with our Five Finance partners on how we can work ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Pet bonds a win/win for renters and landlords
    The coalition Government has today announced purrfect and pawsitive changes to the Residential Tenancies Act to give tenants with pets greater choice when looking for a rental property, says Housing Minister Chris Bishop. “Pets are important members of many Kiwi families. It’s estimated that around 64 per cent of New ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Long Tunnel for SH1 Wellington being considered
    State Highway 1 (SH1) through Wellington City is heavily congested at peak times and while planning continues on the duplicate Mt Victoria Tunnel and Basin Reserve project, the Government has also asked NZ Transport Agency (NZTA) to consider and provide advice on a Long Tunnel option, Transport Minister Simeon Brown ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • New Zealand condemns Iranian strikes
    Prime Minister Christopher Luxon and Foreign Minister Winston Peters have condemned Iran’s shocking and illegal strikes against Israel.    “These attacks are a major challenge to peace and stability in a region already under enormous pressure," Mr Luxon says.    "We are deeply concerned that miscalculation on any side could ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Huge interest in Government’s infrastructure plans
    Hundreds of people in little over a week have turned out in Northland to hear Regional Development Minister Shane Jones speak about plans for boosting the regional economy through infrastructure. About 200 people from the infrastructure and associated sectors attended an event headlined by Mr Jones in Whangarei today. Last ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Health Minister thanks outgoing Health New Zealand Chair
    Health Minister Dr Shane Reti has today thanked outgoing Health New Zealand – Te Whatu Ora Chair Dame Karen Poutasi for her service on the Board.   “Dame Karen tendered her resignation as Chair and as a member of the Board today,” says Dr Reti.  “I have asked her to ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Roads of National Significance planning underway
    The NZ Transport Agency (NZTA) has signalled their proposed delivery approach for the Government’s 15 Roads of National Significance (RoNS), with the release of the State Highway Investment Proposal (SHIP) today, Transport Minister Simeon Brown says.  “Boosting economic growth and productivity is a key part of the Government’s plan to ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Navigating an unstable global environment
    New Zealand is renewing its connections with a world facing urgent challenges by pursuing an active, energetic foreign policy, Foreign Minister Winston Peters says.   “Our country faces the most unstable global environment in decades,” Mr Peters says at the conclusion of two weeks of engagements in Egypt, Europe and the United States.    “We cannot afford to sit back in splendid ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • NZ welcomes Australian Governor-General
    Prime Minister Christopher Luxon has announced the Australian Governor-General, His Excellency General The Honourable David Hurley and his wife Her Excellency Mrs Linda Hurley, will make a State visit to New Zealand from Tuesday 16 April to Thursday 18 April. The visit reciprocates the State visit of former Governor-General Dame Patsy Reddy ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Pseudoephedrine back on shelves for Winter
    Associate Health Minister David Seymour has announced that Medsafe has approved 11 cold and flu medicines containing pseudoephedrine. Pharmaceutical suppliers have indicated they may be able to supply the first products in June. “This is much earlier than the original expectation of medicines being available by 2025. The Government recognised ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • NZ and the US: an ever closer partnership
    New Zealand and the United States have recommitted to their strategic partnership in Washington DC today, pledging to work ever more closely together in support of shared values and interests, Foreign Minister Winston Peters says.    “The strategic environment that New Zealand and the United States face is considerably more ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Joint US and NZ declaration
    April 11, 2024 Joint Declaration by United States Secretary of State the Honorable Antony J. Blinken and New Zealand Minister of Foreign Affairs the Right Honourable Winston Peters We met today in Washington, D.C. to recommit to the historic partnership between our two countries and the principles that underpin it—rule ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • NZ and US to undertake further practical Pacific cooperation
    Foreign Minister Winston Peters has announced further New Zealand cooperation with the United States in the Pacific Islands region through $16.4 million in funding for initiatives in digital connectivity and oceans and fisheries research.   “New Zealand can achieve more in the Pacific if we work together more urgently and ...
    BeehiveBy beehive.govt.nz
    1 week ago

Page generated in The Standard by Wordpress at 2024-04-19T05:33:30+00:00