Oram on the budget and Treasury fantasies

Written By: - Date published: 7:09 am, May 25th, 2015 - 75 comments
Categories: budget 2015, debt / deficit, economy, national - Tags: , , ,

Extracts from Rod Oram’s piece in the SST as posted on Facebook:

No worries, it’ll all come right, the Budget assures us

Everything economic will come right by 2017, the government assures us in its latest budget. Businesses will enjoy higher commodity prices, moderate wage inflation, modest interest rates and a manageable dollar. Citizens will thrive on more jobs, low inflation, more spending and only moderate increases in house prices. And the government will benefit from higher tax revenues, enabling it to double new spending, increase its budget surpluses and cut taxes – just in time for the 2017 election.

This sunny view is based on Treasury’s economic forecasts accompanying the budget. Treasury believes serious shocks to the global and local economies over the past decade, and particularly over the past year, will fade quickly away. Dairy and oil prices will rise, inflation will resume and economies will motor on, whether in stagnant developed or slowing developing countries.

But what if the world is experiencing profound shifts? What if, for example, deflation is driven by structural causes such as ageing populations and rapid technological change?

This air of unworldly calm also pervades the budget itself, which the government has entitled “A plan that’s working”. Sure enough, there is a bit more money for health, education, police, corrections and other core services. But our population and inflation will both rise by 1.4 per cent in the year ahead, Treasury forecasts. So, the extra spending announced for core public services won’t cover rising costs and demand. So there’s no chance for real wage increases for teachers, nurses, doctors and other public servants.

So this budget, as the six before it, is a triumph of micro-management. The government has mastered the skill of switching small sums around to give the illusion of progress. What’s missing from it, and the six before, is any glimpse of the world we live in, let alone the political leadership we need to survive and thrive in it.

Nailed it.

75 comments on “Oram on the budget and Treasury fantasies ”

  1. Peter 1

    ….. I for one would like to see Mr Key give us his views on, say , a strategy for NZ ports …… addressing the short term concerns of focus groups appears to be his main focus

  2. Charles 2

    In the old days every “man woman and child” worried about the national (small n) deficit, children were given milk to drink at school, voters generally disliked the government, tariffs and tax were heavy, and you could live on a pension without fear of dying of hypothermia or resorting to catfood. No one knew what a dumpster might be. Electricity, water, and telephone services were owned by the government, there were trains carrying manufacturing materials. Trust in the police was high and essential services had professional shift staff, their officiers not much concerned for the cost of saving property and lives. Unemployment was non-existent, and pakeha liked to complain about “the maoris”. Banks opened special childrens accounts, accepted deposit for 1c or 2c and encouraged children to save. They didn’t advertise on black and white TV.

    Now children have fallen into poverty conditions, no one much cares about the National (capital N) deficit unless it’s implied they might have to contribute, it’s not fair and too expensive to supply children with food at school, voters love the government and it’s cult leaders, tarrifs and taxes are light, and you might not be able to live on a pension without resorting to dumpster diving. Electricity, water, and telephone services are privately owned and the train tracks got pulled up, so raw materials go by road on trucks. Trust in police is non-existent – unless you’re white, male and rich, or know someone who is – the officiers of essential services are concerned with profit and safety systems need volunteers and charity to keep running. When someone is lost at sea or in the bush, they’re blamed for the rest of us having to go look for them. Unemployment is high, and pakeha like to complain about “the maoris” – just before leaving for Australia. If you can find a bank teller in your town it’ll cost you. There aren’t 1c or 2c pieces anymore, but plenty of cheap debt, and banks advertise on colour TV that they “live in your world”.

    Can’t wait for 2017. Can’t wait for budget number seven.

    • Draco T Bastard 2.1

      In the old days every “man woman and child” worried about the national (small n) deficit, children were given milk to drink at school, voters generally disliked the government, tariffs and tax were heavy, and you could live on a pension without fear of dying of hypothermia or resorting to catfood.

      Which particular ‘old days’ are you talking about? It wasn’t until Muldoon brought in NZSuper in 1975 that the Old Age Pension was a liveable amount. Before then it was somewhat less.

      • Tracey 2.1.1

        Can you recall what the widow’s pension was?

        • joe90 2.1.1.1

          In 1970 the weekly widows rate was $13.75 with $10 for one dependent child, $11 for two dependent children and $1 for each additional dependent child.

          under SUMMARY OF RATES OF SOCIAL SECURITY BENEFITS

          http://www3.stats.govt.nz/New_Zealand_Official_Yearbooks/1970/NZOYB_1970.html#idsect1_1_52751

          • Tracey 2.1.1.1.1

            Thanks Joe.

            A widow received the same amount as an unmarried superannunant…

            Key referred to his mum during his budget speech but left out how she was on the same as an over 65

            More when you factor in the children.

            WHY don’t Labour or the press know this stuff?

            • Tracey 2.1.1.1.1.1

              Invalids’—
              Unmarried person, 20 years or over 715 13.75
              Unmarried person under 20 years 611 11.75
              Married man with wife included 1,300 25.00
              Married woman 650 12.50

              We did have full employment in those days…

              • John

                Tracy says “We did have full employment in those days…”

                In 1970 we had a population of 2,811,000 and 1,215,000 people employed (43% employed).

                In 1970 we have a population of 4,500,000 and 2,355,000 people employed (52% employed).

                So in those days we had an extra 9% of the population (9% of todays population is 405,000 people ) who were not working.

                They just didn’t appear in the figures.

                • weka

                  There’s a difference between not-employed and unemployed. The 1970s stats would need to be broken down by gender and probably class to understand them.

                  Full employment = all people who need/want a job having one.

                  • John

                    That certainly wasn’t the case in 1970.

                    Solo mothers with babies didn’t even get a the DPB.

                    Then there were unofficial work for the dole schemes where if you showed you were capable of leaning on a shovel you could get a job with the falsely named “Ministry of Works”.

                    • Colonial Rawshark

                      That Ministry helped build this nation, you ungrateful shit head

                    • weka

                      “That certainly wasn’t the case in 1970.”

                      What wasn’t the case in 1970? Are you saying there weren’t enough jobs to go around?

                    • John

                      Let’s go back to your rose tinted 1970 employment levels.

                      If we did, today we’d have and extra 400,000 people out of work.

                      Duh.

                    • weka

                      You’re not making sense John. Is there a reason you can’t answer my question?

                    • joe90

                      Solo mothers with babies didn’t even get a the DPB

                      You’re right, in 1970 it was a family maintenance allowance.
                      /

                      A sole parent is paid at the rate of $10.00 a week for the first dependent child, increased by $1 a week for each additional dependent child.

                      http://www3.stats.govt.nz/New_Zealand_Official_Yearbooks/1970/NZOYB_1970.html

                    • tracey

                      John

                      stick to your knitting.

                    • tracey

                      “Solo mothers with babies didn’t even get a the DPB.”

                      Unless the father had died and then they got a widow’s allowance

                    • Draco T Bastard

                      Then there were unofficial work for the dole schemes…

                      LOL

                      You really are an idiot. Those works built our entire nation and if we’d left it to the capitalists we’d still be living in the 19th century.

                      Phones and power would only go to rich neighbourhoods and cost several times more. Poverty would be rampant with the middle class taking up maybe 10% of the population.

                      This is what capitalism does. Poverty and deprivation are systemic to it.

                    • John

                      In 1970 only 31,000 working age adults were on benefits.

                      Yet there were around 800,000 working age adults who were not working – two thirds as many as those who did have jobs.

                      And it was called full employment – yeah right.

                    • Rodel

                      “Leaning on a shovel”?
                      This kind of comment is usually made by someone who has never had a manual job in their life. Probably coasting on Daddy’s money.
                      Guarantee those who criticize road workers have never worked on road works…never had to.

                    • Ha! Reminded me of the local bodies candidate a couple of elections ago who put out a leaflet saying he was going to sort out all the council staff he saw leaning on their shovels every day all over the town. He looked a total prat when it was pointed out that the council hadn’t employed labourers for twenty years.

                    • John

                      Rodel – making grand assumptions when you are totally ignorant about a situation, does just one thing – displays how totally ignorant you are.

                    • Draco T Bastard

                      I was working a while back installing the new computers in the new ASB tower at the Viaduct. At the end of the day we’d all gathered at a single location with one person doing the finishing work for the day and the project manager observed, jokingly, that it was just like public works where only one person worked.

                      Thing is, that’s actually what happened and still happens. At the beginning of a day and at the end there may only be enough work for one or two people to do and the others are waiting on them to finish that before they can start their work. And this is what people saw on their way to and from work. They only saw the beginning and end of the day and nothing in between and so assumed that was all that happened with, of course, the help of the lies that the RWNJs spread.

                      Lies that you, John , in your ignorance, still believe.

                • tracey

                  You don’t seem to understand the figures and labels you are relying upon.

                • Wynston

                  Given that it was not common for married mothers to work then, it is not at all surprising that raw figures like you use do not tally!

              • dukeofurl

                Yes full employment, in every sense of the word, and not just Auckland was bi partisan government policy.
                People like Michael Lhaws parents could easily find jobs in Whanganui, and he didnt face high student loans on graduation.
                Not that he has ever see the advantages he got!
                House prices didnt rise too rapidly as the banks werent allowed to borrow overseas and rationed loans based on your lending history and a considerable deposit.

          • weka 2.1.1.1.2

            great link joe, thanks. I was looking for historical benefit rates the other day and couldn’t find them.

      • Grant 2.1.2

        I can’t speak to the amounts involved, but both sets of my very working class grandparents retired in the very early 1960’s at age 60, both lots owning their own homes outright and running reasonably good cars for the times. This despite the fact that they had plenty to say about how hard it was to survive the depression and war years. As I recall they lived simple restrained lifestyles but were short of nothing and always looked to be leading good lives. It wasn’t until their later old age in the late 70’s- early 80’s that inflation etc made them really start to feel the pinch and you could see things going down hill. Of course some of that may also have been a reduced ability to manage as they got towards the end of their lives.

      • Rjay 2.1.3

        It would have been those old days when women had to stay home and not allowed to work and there was no dpb.

    • SMILIN 2.2

      Nz political climatology explained should be the founding article going with the new flag least we forget
      Well said thanks

  3. Ad 3

    To me this has been the most perplexing thing about the response from the collective Opposition.

    They failed to portray any sense of looming crisis. Little’s throwaway line about “…more to New Zealand than milk and housing” was really the missed theme.
    By that I mean that Little went to business audiences, when I would have preferred him to preach to haybarns full of disillusioned and indebted farmers, or suburban halls full of the permanently renting. He needed to land on where the hurt is, and show it.

    I want to hear an alternative economic vision from Labour. It was great to hear Little give a few thoughts – and I appreciate they have to be a little sketchy at this time.
    But overall the opposition can surely see that Key is choking their remaining oxygen.

    Oram shows that there is still plenty of space to do this. Could someone from Labour give him a call?

  4. whateva next? 4

    Thankyou to Rod Oram for not letting reality slip by, under these master illusionists. My worry is that the majority of people and professionals I work alongside everyday seem to be enjoying John Key’s show, despite all the warnings and a few good men keeping their heads above the parapet.
    I wonder if Campbell had to go as those “sleepyheads” were actually hearing/responding to him.

  5. Steve Withers 5

    National, as a conservative party, is psychologically incapable of delivering what Oram wants it to deliver.

    National drives boldly into the future based on a mixture of discredited neo-liberal economic presumptions and an idealised view of past successes.

    Never mind the world doesn’t work the way they hope…and never worked as they imagine it.

    • Clean_power 5.1

      “Never mind the world doesn’t work the way they hope…and never worked as they imagine it” …. I’m sure you know what you are talking about, Mr Whiters.

    • Draco T Bastard 5.2

      National drives boldly into the future based on a mixture of discredited neo-liberal economic presumptions and an idealised view of past successes.

      National still believes in the aristocracy and are putting in place policies that will resurrect them and will turn the rest of us into serfs.

      • Clean_power 5.2.1

        “National still believes in the aristocracy and are putting in place policies that will resurrect them and will turn the rest of us into serfs.”

        Wow. Draco’s fantasies are even more unbelievable than Oram’s.

        • Draco T Bastard 5.2.1.1

          It’s not a fantasy – it’s what’s actually happening. That’s what privatisation is.

          • Clean_power 5.2.1.1.1

            Are you proposing the joy of socialism for NZ? Are you proposing we embrace such wonderful and successful system?

            • Stuart Munro 5.2.1.1.1.1

              We need only reverse the horrific and unsuccessful economic reforms that allowed a generation of unqualified ‘managers’ to enrich themselves at the public expense. NZ ran on Fabian socialism and was the envy of the world – now our young people travel – not for an OE, but to escape our shrinking economy and declining living standards.

            • Draco T Bastard 5.2.1.1.1.2

              Capitalism has presided over a decline in living standards in NZ over the last 30 years.

              In fact, when we look at our history it has been socialism pushing capitalism in the right direction that has built up the living standards that we have. In the 1970s that system was failing, no doubt about that, but we went in the wrong direction. Instead of focusing more on developing our economy and becoming more egalitarian we did the opposite by enriching the already rich and dismantling our economy.

              This resulted in the inevitable declining living standards that we have today and the increasing corruption that we see in our business people and politicians.

              • Clean_power

                You should tell that not-so-white lie to many Russians and Eastern Europeans, free now from the tyranny of communism and socialism. Wake up and smell the roses.

                • One Anonymous Bloke

                  Which lie? Living standards have most certainly declined over the last thirty years. In New Zealand, you know, that place that everyone except you is happy to discuss.

                  Just as everyone knows that the reason you’d rather talk shit about Eastern Europe instead is that you’re ideologically handicapped.

                • Draco T Bastard

                  The USSR was neither socialist nor communist the same way that, despite it’s name, the DPRK isn’t democratic.

                  A label doesn’t mean that the thing so labelled is what it says it is. You have to look to the actions and the actions of the USSR, China and the DPRK are capitalist. A few people at the top calling the shots and controlling everyone else through fear.

                  • Facetious

                    Socialism is a tragedy, a sad and terrible event for the people of the country concerned. God help NZ from getting the fatal disease.

                    • McFlock

                      lol nice one, facetious

                    • Colonial Rawshark

                      Socialism is a tragedy, a sad and terrible event for the people of the country concerned. God help NZ from getting the fatal disease.

                      NZ remains a socialist country at its core. If you don’t like it, you are free to move to the USA where things are so much “better.”

                    • Draco T Bastard

                      Yeah, that fatal disease that built NZ up and almost got round to eliminating poverty…

                      oh, wait…

                    • ropata

                      By your logic, Facetious and clean_power, Capitalism must equal Fascism? Because a social philosophy should always be taken to its most radical and egregious extreme?

                      I call this kind of argument “lying”

                    • One Anonymous Bloke

                      Ropata hits the nail on the head. These dishonest gimps can’t handle the truth.

                    • ropata

                      Facetious, by “socialist” do you mean those kind of countries that had

                      ~an economic theory that demands human sacrifice
                      ~impoverished masses and an untouchable elite
                      ~a police state with total surveillance capability
                      ~no independent media or dissidence
                      ~political propaganda saturation

                      because that is exactly where FJK is taking us

                • Mike S

                  You don’t seem to understand what socialism is. We live in a social democracy. Socialism doesn’t mean communism.

                • ropata

                  You mean Russia that is now ruled by oligarchs and a military dictator?
                  Or Ukraine that is on the verge of civil war?
                  Or Ceaucescu’s Romania?

                  Check your facts before spouting ignorant slogans.

            • Lloyd 5.2.1.1.1.3

              So you want neo-liberal success like Iraq or Russia – both places where the short, sharp , shock of selling off everything the state owned was applied more thoroughly than he Gnats have so far managed with New Zealand’s economy?
              Mixed economies where the state owns a significant part of the economy have been generally healthier for their citizens since the global financial melt-down.

  6. Tracey 6

    “The government has mastered the skill of switching small sums around to give the illusion of progress.”

    And when political journalists have no training or understanding of economics, maths or other related stuff, they can get away with it.

    Come Budget time SURELY the reporting needs to be done by journalists who understand the numbers, the economics etc?

    Audrey Young, John Armstrong etc are not, to my knowledge expert in the stuff required to critique.

    Fran O’Sullivan on the other hand spent her column helping people forget that Banks made a declaration that everything in the form was true and correct to the best of his belief BUT HAD NEVER READ IT, and so by her reasoning is entitled to taxayer funded compensation for the agregious wrongs done him with no part played it in by one Mr Banks.

    • ianmac 6.1

      Let alone the strange fact of 2 X $25,000 and another 3 X $25,000. Or that Mr Banks refuses to comment on those facts.
      It is probable that the Opposition has to be cautious about condemning the economy or just become another Opposition moan. Later in the year the reality of our economy will become clear. Of course English/Key will claim it is outside their control and we are doing so much better than World.

      • Tracey 6.1.1

        yes, but what about the media? Isn’t it their job to read the budget, read/listen to the things said about it by our politicians, analyse it and tell us what stands scrutiny or doesn’t.

        • tc 6.1.1.1

          Media in nz is there to prop up the bs and deception the NACT trot out regularly and keep the steeple dumbed down with celebrity home menu model makeover reality content.

          You only have to to look at the diversions they ran hard with during the recent northland by election and Campbell’s axing to see what their job really is.

    • Colonial Rawshark 6.2

      Come Budget time SURELY the reporting needs to be done by journalists who understand the numbers, the economics etc?

      It probably won’t help – they’ve all been taught a false framework of financialised economics. Like most of our politicians.

      Economics about the infrastructure, capability, capacity and direction of a nation – no one discusses that nowadays. I believe that is what Oram infers when he talks about the wider world that we actually live in and the things which are happening within it.

      Instead “economics” as it is understood by our political class and MSM has been reduced to book keeping and managing numbers.

      • Draco T Bastard 6.2.1

        Instead “economics” as it is understood by our political class and MSM has been reduced to book keeping and managing numbers.

        And profit. Can’t forget the profit. It can’t be economical if one of the new aristocracy isn’t making a profit.

        • Colonial Rawshark 6.2.1.1

          Yeah, and especially profit from ticket clipping on the essentials needed by society. That’s what capitalism has reduced itself to now.

      • dukeofurl 6.2.2

        We saw yesterday on the Standard, Hooton pontificate about Bill Englishes borrowing only being the ‘amount of the budget deficit- $500 or so mill, when the actual deficit on a cash basis is between $6.5 and $7 biilion, as shown by their loan program.

        All along the public is mislead about the government ‘household budget’ being near surplus when its nothing of the sort. The accrual accounting being a piece of smoke and mirrors.

        • Stuart Munro 6.2.2.1

          And Treasury – which Hooton praises extravagantly – are complicit in the lie.

      • Tracey 6.2.3

        it would help them to expose the lies being told about what is actually being done or not. Economic theory aside

  7. Sable 7

    And when the economic miracle National promises doesn’t occur it will all be someone else’s fault. Either the political left or space aliens….I’m sure the MSM can make something up as per usual…

  8. linda 8

    national will need to be forced to take responsibility for there mismanagement and there supporters will need to be made to pay

    • One Anonymous Bloke 8.1

      That sounds like something a National Party supporter would say. They’re all about getting “tough” on crime, which is one of the reasons we have close to the highest recidivism rate in the developed world.

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    More Than A FeildingBy David Slack
    2 days ago
  • Bring out your Dad
    Happy fourth anniversary, Pandemic That Upended Bloody Everything. I have been observing it by enjoying my second bout of COVID. It’s 5.30 on Sunday morning and only now are lights turning back on for me.Allow me to copy and paste what I told reader Sara yesterday:Depleted, fogged and crappy. Resting, ...
    More Than A FeildingBy David Slack
    2 days ago
  • Bring out your Dad
    Happy fourth anniversary, Pandemic That Upended Bloody Everything. I have been observing it by enjoying my second bout of COVID. It’s 5.30 on Sunday morning and only now are lights turning back on for me.Allow me to copy and paste what I told reader Sara yesterday:Depleted, fogged and crappy. Resting, ...
    More Than A FeildingBy David Slack
    2 days ago
  • The bewildering world of Chris Luxon – Guns for all, not no lunch for kids
    .“$10 and a target that bleeds” - Bleeding Targets for Under $10!.Thanks for reading Frankly Speaking ! Subscribe for free to receive new posts and support my work.This government appears hell-bent on either scrapping life-saving legislation or reintroducing things that - frustrated critics insist - will be dangerous and likely ...
    Frankly SpeakingBy Frank Macskasy
    3 days ago
  • Expert Opinion: Ageing Boomers, Laurie & Les, Talk Politics.
    It hardly strikes me as fair to criticise a government for doing exactly what it said it was going to do. For actually keeping its promises.”THUNDER WAS PLAYING TAG with lightning flashes amongst the distant peaks. Its rolling cadences interrupted by the here-I-come-here-I-go Doppler effect of the occasional passing car. ...
    3 days ago
  • Manufacturing The Truth.
    Subversive & Disruptive Technologies: Just as happened with that other great regulator of the masses, the Medieval Church, the advent of a new and hard-to-control technology – the Internet –  is weakening the ties that bind. Then, and now, those who enjoy a monopoly on the dissemination of lies, cannot and will ...
    3 days ago
  • A Powerful Sensation of Déjà Vu.
    Been Here Before: To find the precedents for what this Coalition Government is proposing, it is necessary to return to the “glory days” of Muldoonism.THE COALITION GOVERNMENT has celebrated its first 100 days in office by checking-off the last of its listed commitments. It remains, however, an angry government. It ...
    3 days ago
  • Can you guess where world attention is focussed (according to Greenpeace)? It’s focussed on an EPA...
    Bob Edlin writes –  And what is the world watching today…? The email newsletter from Associated Press which landed in our mailbox early this morning advised: In the news today: The father of a school shooter has been found guilty of involuntary manslaughter; prosecutors in Trump’s hush-money case ...
    Point of OrderBy Bob Edlin
    3 days ago
  • Further integrity problems for the Greens in suspending MP Darleen Tana
    Bryce Edwards writes – Is another Green MP on their way out? And are the Greens severely tarnished by another integrity scandal? For the second time in three months, the Green Party has secretly suspended an MP over integrity issues. Mystery is surrounding the party’s decision to ...
    Point of OrderBy poonzteam5443
    3 days ago
  • Jacqui Van Der Kaay: Greens’ transparency missing in action
    For the last few years, the Green Party has been the party that has managed to avoid the plague of multiple scandals that have beleaguered other political parties. It appears that their luck has run out with a second scandal which, unfortunately for them, coincided with Golraz Ghahraman, the focus ...
    Democracy ProjectBy bryce.edwards
    3 days ago
  • Bernard’s Dawn Chorus with six newsey things at 6:46am for Saturday, March 16
    TL;DR: The six newsey things that stood out to me as of 6:46am on Saturday, March 16.Andy Foster has accidentally allowed a Labour/Green amendment to cut road user chargers for plug-in hybrid vehicles, which the Government might accept; NZ Herald Thomas Coughlan Simeon Brown has rejected a plea from Westport ...
    The KakaBy Bernard Hickey
    3 days ago
  • How Did FTX Crash?
    What seemed a booming success a couple of years ago has collapsed into fraud convictions.I looked at the crash of FTX (short for ‘Futures Exchange’) in November 2022 to see whether it would impact on the financial system as a whole. Fortunately there was barely a ripple, probably because it ...
    PunditBy Brian Easton
    4 days ago
  • Elections in Russia and Ukraine
    Anybody following the situation in Ukraine and Russia would probably have been amused by a recent Tweet on X NATO seems to be putting in an awful lot of effort to influence what is, at least according to them, a sham election in an autocracy.When do the Ukrainians go to ...
    4 days ago
  • Bernard’s six stack of substacks at 6pm on March 15
    TL;DR: Shaun Baker on Wynyard Quarter's transformation. Magdalene Taylor on the problem with smart phones. How private equity are now all over reinsurance. Dylan Cleaver on rugby and CTE. Emily Atkin on ‘Big Meat’ looking like ‘Big Oil’.Bernard’s six-stack of substacks at 6pm on March 15Photo by Jeppe Hove Jensen ...
    The KakaBy Bernard Hickey
    4 days ago
  • Buzz from the Beehive Finance Minister Nicola Willis had plenty to say when addressing the Auckland Business Chamber on the economic growth that (she tells us) is flagging more than we thought. But the government intends to put new life into it:  We want our country to be a ...
    Point of OrderBy Bob Edlin
    4 days ago
  • National’s clean car tax advances
    The Transport and Infrastructure Committee has reported back on the Road User Charges (Light Electric RUC Vehicles) Amendment Bill, basicly rubberstamping it. While there was widespread support among submitters for the principle that EV and PHEV drivers should pay their fair share for the roads, they also overwhelmingly disagreed with ...
    No Right TurnBy Idiot/Savant
    4 days ago
  • Government funding bailouts
    Peter Dunne writes – This week’s government bailout – the fifth in the last eighteen months – of the financially troubled Ruapehu Alpine Lifts company would have pleased many in the central North Island ski industry. The government’s stated rationale for the $7 million funding was that it ...
    Point of OrderBy poonzteam5443
    4 days ago
  • Two offenders, different treatments.
    See if you can spot the difference. An Iranian born female MP from a progressive party is accused of serial shoplifting. Her name is leaked to the media, which goes into a pack frenzy even before the Police launch an … Continue reading ...
    KiwipoliticoBy Pablo
    4 days ago
  • Treaty references omitted
    Ele Ludemann writes  – The government is omitting general Treaty references from legislation : The growth of Treaty of Waitangi clauses in legislation caused so much worry that a special oversight group was set up by the last Government in a bid to get greater coherence in the public service on Treaty ...
    Point of OrderBy poonzteam5443
    4 days ago
  • The Ghahraman Conflict
    What was that judge thinking? Peter Williams writes –  That Golriz Ghahraman and District Court Judge Maria Pecotic were once lawyer colleagues is incontrovertible. There is published evidence that they took at least one case to the Court of Appeal together. There was a report on ...
    Point of OrderBy poonzteam5443
    4 days ago
  • Bernard's Top 10 @ 10 'pick 'n' mix' for March 15
    TL;DR: My top 10 news and analysis links this morning include:Today’s must-read: Climate Scorpion – the sting is in the tail. Introducing planetary solvency. A paper via the University of Exeter’s Institute and Faculty of Actuaries.Local scoop: Kāinga Ora starts pulling out of its Auckland projects and selling land RNZ ...
    The KakaBy Bernard Hickey
    4 days ago
  • The day Wellington up-zoned its future
    Wellington’s massively upzoned District Plan adds the opportunity for tens of thousands of new homes not just in the central city (such as these Webb St new builds) but also close to the CBD and public transport links. Photo: Lynn Grieveson / The KākāTL;DR: Wellington gave itself the chance of ...
    The KakaBy Bernard Hickey
    4 days ago
  • Weekly Roundup 15-March-2024
    It’s Friday and we’re halfway through March Madness. Here’s some of the things that caught our attention this week. This Week in Greater Auckland On Monday Matt asked how we can get better event trains and an option for grade separating Morningside Dr. On Tuesday Matt looked into ...
    Greater AucklandBy Greater Auckland
    4 days ago
  • That Word.
    Something you might not know about me is that I’m quite a stubborn person. No, really. I don’t much care for criticism I think’s unfair or that I disagree with. Few of us do I suppose.Back when I was a drinker I’d sometimes respond defensively, even angrily. There are things ...
    Nick’s KōreroBy Nick Rockel
    4 days ago
  • The Hoon around the week to March 15
    Photo: Lynn Grieveson / The KākāTL;DR: The five things that mattered in Aotearoa’s political economy that we wrote and spoke about via The Kākā and elsewhere for paying subscribers in the last week included:PM Christopher Luxon said the reversal of interest deductibility for landlords was done to help renters, who ...
    The KakaBy Bernard Hickey
    4 days ago
  • Labour’s policy gap
    It was not so much the Labour Party but really the Chris Hipkins party yesterday at Labour’s caucus retreat in Martinborough. The former Prime Minister was more or less consistent on wealth tax, which he was at best equivocal about, and social insurance, which he was not willing to revisit. ...
    PolitikBy Richard Harman
    4 days ago
  • Skeptical Science New Research for Week #11 2024
    Open access notables A Glimpse into the Future: The 2023 Ocean Temperature and Sea Ice Extremes in the Context of Longer-Term Climate Change, Kuhlbrodt et al., Bulletin of the American Meteorological Society: In the year 2023, we have seen extraordinary extrema in high sea surface temperature (SST) in the North Atlantic and in ...
    5 days ago
  • Melissa remains mute on media matters but has something to say (at a sporting event) about economic ...
     Buzz from the Beehive   The text reproduced above appears on a page which records all the media statements and speeches posted on the government’s official website by Melissa Lee as Minister of Media and Communications and/or by Jenny Marcroft, her Parliamentary Under-secretary.  It can be quickly analysed ...
    Point of OrderBy Bob Edlin
    5 days ago
  • The return of Muldoon
    For forty years, Robert Muldoon has been a dirty word in our politics. His style of government was so repulsive and authoritarian that the backlash to it helped set and entrench our constitutional norms. His pig-headedness over forcing through Think Big eventually gave us the RMA, with its participation and ...
    No Right TurnBy Idiot/Savant
    5 days ago
  • Will the rental tax cut improve life for renters or landlords?
    Bryce Edwards writes –  Is the new government reducing tax on rental properties to benefit landlords or to cut the cost of rents? That’s the big question this week, after Associate Finance Minister David Seymour announced on Sunday that the Government would be reversing the Labour Government’s removal ...
    Point of OrderBy poonzteam5443
    5 days ago
  • Geoffrey Miller: What Saudi Arabia’s rapid changes mean for New Zealand
    Saudi Arabia is rarely far from the international spotlight. The war in Gaza has brought new scrutiny to Saudi plans to normalise relations with Israel, while the fifth anniversary of the controversial killing of Jamal Khashoggi was marked shortly before the war began on October 7. And as the home ...
    Democracy ProjectBy Geoffrey Miller
    5 days ago
  • Racism’s double standards
    Questions need to be asked on both sides of the world Peter Williams writes –   The NRL Judiciary hands down an eight week suspension to Sydney Roosters forward Spencer Leniu , an Auckland-born Samoan, after he calls Ezra Mam, Sydney-orn but of Aboriginal and Torres Strait ...
    Point of OrderBy poonzteam5443
    5 days ago
  • It’s not a tax break
    Ele Ludemann writes – Contrary to what many headlines and news stories are saying, residential landlords are not getting a tax break. The government is simply restoring to them the tax deductibility of interest they had until the previous government removed it. There is no logical reason ...
    Point of OrderBy poonzteam5443
    5 days ago
  • The Plastic Pig Collective and Chris' Imaginary Friends.
    I can't remember when it was goodMoments of happiness in bloomMaybe I just misunderstoodAll of the love we left behindWatching our flashbacks intertwineMemories I will never findIn spite of whatever you becomeForget that reckless thing turned onI think our lives have just begunI think our lives have just begunDoes anyone ...
    Nick’s KōreroBy Nick Rockel
    5 days ago
  • Who is responsible for young offenders?
    Michael Bassett writes – At first reading, a front-page story in the New Zealand Herald on 13 March was bizarre. A group of severely intellectually limited teenagers, with little understanding of the law, have been pleading to the Justice Select Committee not to pass a bill dealing with ram ...
    Point of OrderBy poonzteam5443
    5 days ago
  • Gordon Campbell on National’s fantasy trip to La La Landlord Land
    How much political capital is Christopher Luxon willing to burn through in order to deliver his $2.9 billion gift to landlords? Evidently, Luxon is: (a) unable to cost the policy accurately. As Anna Burns-Francis pointed out to him on Breakfast TV, the original ”rock solid” $2.1 billion cost he was ...
    5 days ago
  • Bernard's Top 10 @ 10 'pick 'n' mix' for March 14
    TL;DR: My top 10 news and analysis links this morning include:Today’s must-read: Jonathon Porritt calling bullshit in his own blog post on mainstream climate science as ‘The New Denialism’.Local scoop: The Wellington City Council’s list of proposed changes to the IHP recommendations to be debated later today was leaked this ...
    The KakaBy Bernard Hickey
    5 days ago
  • No, Prime Minister, rents don’t rise or fall with landlords’ costs
    TL;DR: Prime Minister Christopher Luxon said yesterday tenants should be grateful for the reinstatement of interest deductibility because landlords would pass on their lower tax costs in the form of lower rents. That would be true if landlords were regulated monopolies such as Transpower or Auckland Airport1, but they’re not, ...
    The KakaBy Bernard Hickey
    5 days ago
  • Cartoons: ‘At least I didn’t make things awkward’
    This is a re-post from Yale Climate Connections by Tom Toro Tom Toro is a cartoonist and author. He has published over 200 cartoons in The New Yorker since 2010. His cartoons appear in Playboy, the Paris Review, the New York Times, American Bystander, and elsewhere. Related: What 10 EV lovers ...
    5 days ago
  • Solving traffic congestion with Richard Prebble
    The business section of the NZ Herald is full of opinion. Among the more opinionated of all is the ex-Minister of Transport, ex-Minister of Railways, ex MP for Auckland Central (1975-93, Labour), Wellington Central (1996-99, ACT, then list-2005), ex-leader of the ACT Party, uncle to actor Antonia, the veritable granddaddy ...
    Greater AucklandBy Patrick Reynolds
    5 days ago
  • I Think I'm Done Flying Boeing
    Hi,Just quickly — I’m blown away by the stories you’ve shared with me over the last week since I put out the ‘Gary’ podcast, where I told you about the time my friend’s flatmate killed the neighbour.And you keep telling me stories — in the comments section, and in my ...
    David FarrierBy David Farrier
    5 days ago
  • Invoking Aristotle: Of Rings of Power, Stones, and Ships
    The first season of Rings of Power was not awful. It was thoroughly underwhelming, yes, and left a lingering sense of disappointment, but it was more expensive mediocrity than catastrophe. I wrote at length about the series as it came out (see the Review section of the blog, and go ...
    6 days ago
  • Van Velden brings free-market approach to changing labour laws – but her colleagues stick to distr...
    Buzz from the Beehive Workplace Relations and Safety Minister Brooke van Velden told Auckland Business Chamber members they were the first audience to hear her priorities as a minister in a government committed to cutting red tape and regulations. She brandished her liberalising credentials, saying Flexible labour markets are the ...
    Point of OrderBy Bob Edlin
    6 days ago
  • Why Newshub failed
    Chris Trotter writes – TO UNDERSTAND WHY NEWSHUB FAILED, it is necessary to understand how TVNZ changed. Up until 1989, the state broadcaster had been funded by a broadcasting licence fee, collected from every citizen in possession of a television set, supplemented by a relatively modest (compared ...
    Point of OrderBy poonzteam5443
    6 days ago
  • Māori Party on the warpath against landlords and seabed miners – let’s see if mystical creature...
    Bob Edlin writes  –  The Māori Party has been busy issuing a mix of warnings and threats as its expresses its opposition to interest deductibility for landlords and the plans of seabed miners. It remains to be seen whether they  follow the example of indigenous litigants in Australia, ...
    Point of OrderBy Bob Edlin
    6 days ago
  • There’s a name for this
    Every year, in the Budget, Parliament forks out money to government agencies to do certain things. And every year, as part of the annual review cycle, those agencies are meant to report on whether they have done the things Parliament gave them that money for. Agencies which consistently fail to ...
    No Right TurnBy Idiot/Savant
    6 days ago
  • Echoes of 1968 in 2024?  Pocock on the repetitive problems of the New Left
    Mike Grimshaw writes – Recent events in American universities point to an underlying crisis of coherent thinking, an issue that increasingly affects the progressive left across the Western world. This of course is nothing new as anyone who can either remember or has read of the late ...
    Point of OrderBy poonzteam5443
    6 days ago
  • Two bar blues
    The thing about life’s little victories is that they can be followed by a defeat.Reader Darryl told me on Monday night:Test again Dave. My “head cold” last week became COVID within 24 hours, and is still with me. I hear the new variants take a bit longer to show up ...
    More Than A FeildingBy David Slack
    6 days ago
  • Bernard's Top 10 @ 10 'pick 'n' mix' for March 13
    TL;DR: My top 10 news and analysis links this morning include:Today’s must-read: Angus Deaton on rethinking his economics IMFLocal scoop: The people behind Tamarind, the firm that left a $500m cleanup bill for taxpayers at Taranaki’s Tui oil well, are back operating in Taranaki under a different company name. Jonathan ...
    The KakaBy Bernard Hickey
    6 days ago
  • AT Need To Lift Their Game
    Normally when we talk about accessing public transport it’s about improving how easy it is to get to, such as how easy is it to cross roads in a station/stop’s walking catchment, is it possible to cycle to safely, do bus connections work, or even if are there new routes/connections ...
    6 days ago
  • Christopher's Whopper.
    Politicians are not renowned for telling the truth. Some tell us things that are verifiably not true. They offer statements that omit critical pieces of information. Gloss over risks, preferring to offer the best case scenario.Some not truths are quite small, others amusing in their transparency. There are those repeated ...
    Nick’s KōreroBy Nick Rockel
    6 days ago
  • Funding hole for tax cuts growing by the day
    The pressure is mounting on the Government as it finalises its Budget Policy Statement, but yet more predicted revenue ‘goes missing’. Photo: Lynn Grieveson / The KākāTL;DR: The Climate Commission has delivered another funding blow to the National-ACT-NZ First coalition Government’s tax-cutting plans, potentially carving $1.4 billion off the ‘climate ...
    The KakaBy Bernard Hickey
    6 days ago
  • Luxon’s brave climate change promise
    The Government now faces the prospect of having to watch another tax raise the price of petrol when, only six days ago, it abolished the Auckland Regional Fuel tax. Prime Minister Christopher Luxon argued that the regional fuel tax imposed costs on lower-income people with less fuel-efficient vehicles  and that ...
    PolitikBy Richard Harman
    6 days ago

  • Positive progress for social worker workforce
    New Zealand’s social workers are qualified, experienced, and more representative of the communities they serve, Social Development and Employment Minister Louise Upston says. “I want to acknowledge and applaud New Zealand’s social workers for the hard work they do, providing invaluable support for our most vulnerable. “To coincide with World ...
    BeehiveBy beehive.govt.nz
    3 hours ago
  • Minister confirms reduced RUC rate for PHEVs
    Cabinet has agreed to a reduced road user charge (RUC) rate for plug-in hybrid electric vehicles (PHEVs), Transport Minister Simeon Brown says. Owners of PHEVs will be eligible for a reduced rate of $38 per 1,000km once all light electric vehicles (EVs) move into the RUC system from 1 April.  ...
    BeehiveBy beehive.govt.nz
    5 hours ago
  • Trade access to overseas markets creates jobs
    Minister of Agriculture and Trade, Todd McClay, says that today’s opening of Riverland Foods manufacturing plant in Christchurch is a great example of how trade access to overseas markets creates jobs in New Zealand.  Speaking at the official opening of this state-of-the-art pet food factory the Minister noted that exports ...
    BeehiveBy beehive.govt.nz
    5 hours ago
  • NZ and Chinese Foreign Ministers hold official talks
    Minister of Foreign Affairs Winston Peters met with Chinese Foreign Minister Wang Yi in Wellington today. “It was a pleasure to host Foreign Minister Wang Yi during his first official visit to New Zealand since 2017. Our discussions were wide-ranging and enabled engagement on many facets of New Zealand’s relationship with China, including trade, ...
    BeehiveBy beehive.govt.nz
    19 hours ago
  • Kāinga Ora instructed to end Sustaining Tenancies
    Kāinga Ora – Homes & Communities has been instructed to end the Sustaining Tenancies Framework and take stronger measures against persistent antisocial behaviour by tenants, says Housing Minister Chris Bishop. “Earlier today Finance Minister Nicola Willis and I sent an interim Letter of Expectations to the Board of Kāinga Ora. ...
    BeehiveBy beehive.govt.nz
    23 hours ago
  • Speech to Auckland Business Chamber: Growth is the answer
    Tēna koutou katoa. Greetings everyone. Thank you to the Auckland Chamber of Commerce and the Honourable Simon Bridges for hosting this address today. I acknowledge the business leaders in this room, the leaders and governors, the employers, the entrepreneurs, the investors, and the wealth creators. The coalition Government shares your ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Singapore rounds out regional trip
    Minister Winston Peters completed the final leg of his visit to South and South East Asia in Singapore today, where he focused on enhancing one of New Zealand’s indispensable strategic partnerships.      “Singapore is our most important defence partner in South East Asia, our fourth-largest trading partner and a ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Minister van Velden represents New Zealand at International Democracy Summit
    Minister of Internal Affairs and Workplace Relations and Safety, Hon. Brooke van Velden, will travel to the Republic of Korea to represent New Zealand at the Third Summit for Democracy on 18 March. The summit, hosted by the Republic of Korea, was first convened by the United States in 2021, ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Insurance Council of NZ Speech, 7 March 2024, Auckland
    ICNZ Speech 7 March 2024, Auckland  Acknowledgements and opening  Mōrena, ngā mihi nui. Ko Andrew Bayly aho, Nor Whanganui aho.  Good morning, it’s a privilege to be here to open the ICNZ annual conference, thank you to Mark for the Mihi Whakatau  My thanks to Tim Grafton for inviting me ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Five-year anniversary of Christchurch terror attacks
    Prime Minister Christopher Luxon and Lead Coordination Minister Judith Collins have expressed their deepest sympathy on the five-year anniversary of the Christchurch terror attacks. “March 15, 2019, was a day when families, communities and the country came together both in sorrow and solidarity,” Mr Luxon says.  “Today we pay our respects to the 51 shuhada ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Speech for Financial Advice NZ Conference 5 March 2024
    Speech for Financial Advice NZ Conference 5 March 2024  Acknowledgements and opening  Morena, Nga Mihi Nui.  Ko Andrew Bayly aho, Nor Whanganui aho. Thanks Nate for your Mihi Whakatau  Good morning. It’s a pleasure to formally open your conference this morning. What a lovely day in Wellington, What a great ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Early visit to Indonesia strengthens ties
    Foreign Minister Winston Peters held discussions in Jakarta today about the future of relations between New Zealand and South East Asia’s most populous country.   “We are in Jakarta so early in our new government’s term to reflect the huge importance we place on our relationship with Indonesia and South ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • China Foreign Minister to visit
    Deputy Prime Minister and Minister of Foreign Affairs Winston Peters has announced that the Foreign Minister of China, Wang Yi, will visit New Zealand next week.  “We look forward to re-engaging with Foreign Minister Wang Yi and discussing the full breadth of the bilateral relationship, which is one of New Zealand’s ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Minister opens new Auckland Rail Operations Centre
    Transport Minister Simeon Brown has today opened the new Auckland Rail Operations Centre, which will bring together KiwiRail, Auckland Transport, and Auckland One Rail to improve service reliability for Aucklanders. “The recent train disruptions in Auckland have highlighted how important it is KiwiRail and Auckland’s rail agencies work together to ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Celebrating 10 years of Crankworx Rotorua
    The Government is proud to support the 10th edition of Crankworx Rotorua as the Crankworx World Tour returns to Rotorua from 16-24 March 2024, says Minister for Economic Development Melissa Lee.  “Over the past 10 years as Crankworx Rotorua has grown, so too have the economic and social benefits that ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Government delivering on tax commitments
    Legislation implementing coalition Government tax commitments and addressing long-standing tax anomalies will be progressed in Parliament next week, Finance Minister Nicola Willis says. The legislation is contained in an Amendment Paper to the Taxation (Annual Rates for 2023–24, Multinational Tax, and Remedial Matters) Bill issued today.  “The Amendment Paper represents ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Significant Natural Areas requirement to be suspended
    Associate Environment Minister Andrew Hoggard has today announced that the Government has agreed to suspend the requirement for councils to comply with the Significant Natural Areas (SNA) provisions of the National Policy Statement for Indigenous Biodiversity for three years, while it replaces the Resource Management Act (RMA).“As it stands, SNAs ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Government classifies drought conditions in Top of the South as medium-scale adverse event
    Agriculture Minister Todd McClay has classified the drought conditions in the Marlborough, Tasman, and Nelson districts as a medium-scale adverse event, acknowledging the challenging conditions facing farmers and growers in the district. “Parts of Marlborough, Tasman, and Nelson districts are in the grip of an intense dry spell. I know ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Government partnership to tackle $332m facial eczema problem
    The Government is helping farmers eradicate the significant impact of facial eczema (FE) in pastoral animals, Agriculture Minister Todd McClay announced.  “A $20 million partnership jointly funded by Beef + Lamb NZ, the Government, and the primary sector will save farmers an estimated NZD$332 million per year, and aims to ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • NZ, India chart path to enhanced relationship
    Foreign Minister Winston Peters has completed a successful visit to India, saying it was an important step in taking the relationship between the two countries to the next level.   “We have laid a strong foundation for the Coalition Government’s priority of enhancing New Zealand-India relations to generate significant future benefit for both countries,” says Mr Peters, ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Ruapehu Alpine Lifts bailout the last, say Ministers
    Cabinet has agreed to provide $7 million to ensure the 2024 ski season can go ahead on the Whakapapa ski field in the central North Island but has told the operator Ruapehu Alpine Lifts it is the last financial support it will receive from taxpayers. Cabinet also agreed to provide ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Govt takes action to drive better cancer services
    Health Minister Dr Shane Reti says the launch of a new mobile breast screening unit in Counties Manukau reinforces the coalition Government’s commitment to drive better cancer services for all New Zealanders. Speaking at the launch of the new mobile clinic, Dr Reti says it’s a great example of taking ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Govt takes action to drive better cancer services
    Health Minister Dr Shane Reti says the launch of a new mobile breast screening unit in Counties Manukau reinforces the coalition Government’s commitment to drive better cancer services for all New Zealanders. Speaking at the launch of the new mobile clinic, Dr Reti says it’s a great example of taking ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Work begins on SH29 upgrades near Tauriko
    Unlocking economic growth and land for housing are critical elements of the Government’s plan for our transport network, and planned upgrades to State Highway 29 (SH29) near Tauriko will deliver strongly on those priorities, Transport Minister Simeon Brown says. “The SH29 upgrades near Tauriko will improve safety at the intersections ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Work begins on SH29 upgrades near Tauriko
    Unlocking economic growth and land for housing are critical elements of the Government’s plan for our transport network, and planned upgrades to State Highway 29 (SH29) near Tauriko will deliver strongly on those priorities, Transport Minister Simeon Brown says. “The SH29 upgrades near Tauriko will improve safety at the intersections ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Fresh produce price drop welcome
    Lower fruit and vegetable prices are welcome news for New Zealanders who have been doing it tough at the supermarket, Finance Minister Nicola Willis says. Stats NZ reported today the price of fruit and vegetables has dropped 9.3 percent in the 12 months to February 2024.  “Lower fruit and vege ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Statement to the 68th United Nations Commission on the Status of Women
    Tēnā koutou katoa and greetings to you all.  Chair, I am honoured to address the sixty-eighth session of the Commission on the Status of Women. I acknowledge the many crises impacting the rights of women and girls. Heightened global tensions, war, climate related and humanitarian disasters, and price inflation all ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Speech to the 68th United Nations Commission on the Status of Women (CSW68)
    Tēnā koutou katoa and greetings to you all.  Chair, I am honoured to address the 68th session of the Commission on the Status of Women. I acknowledge the many crises impacting the rights of women and girls. Heightened global tensions, war, climate related and humanitarian disasters, and price inflation all ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Government backs rural led catchment projects
    The coalition Government is supporting farmers to enhance land management practices by investing $3.3 million in locally led catchment groups, Agriculture Minister Todd McClay announced. “Farmers and growers deliver significant prosperity for New Zealand and it’s vital their ongoing efforts to improve land management practices and water quality are supported,” ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Speech to Auckland Business Chamber
    Good evening everyone and thank you for that lovely introduction.   Thank you also to the Honourable Simon Bridges for the invitation to address your members. Since being sworn in, this coalition Government has hit the ground running with our 100-day plan, delivering the changes that New Zealanders expect of us. ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Commission’s advice on ETS settings tabled
    Recommendations from the Climate Change Commission for New Zealand on the Emissions Trading Scheme (ETS) auction and unit limit settings for the next five years have been tabled in Parliament, Climate Change Minister Simon Watts says. “The Commission provides advice on the ETS annually. This is the third time the ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government lowering building costs
    The coalition Government is beginning its fight to lower building costs and reduce red tape by exempting minor building work from paying the building levy, says Building and Construction Minister Chris Penk. “Currently, any building project worth $20,444 including GST or more is subject to the building levy which is ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Trustee tax change welcomed
    Proposed changes to tax legislation to prevent the over-taxation of low-earning trusts are welcome, Finance Minister Nicola Willis says. The changes have been recommended by Parliament’s Finance and Expenditure Committee following consideration of submissions on the Taxation (Annual Rates for 2023–24, Multinational Tax, and Remedial Matters) Bill. “One of the ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Minister’s Ramadan message
    Assalaamu alaikum. السَّلَام عليكم In light of the holy month of Ramadan, I want to extend my warmest wishes to our Muslim community in New Zealand. Ramadan is a time for spiritual reflection, renewed devotion, perseverance, generosity, and forgiveness.  It’s a time to strengthen our bonds and appreciate the diversity ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Minister appoints new NZTA Chair
    Former Transport Minister and CEO of the Auckland Business Chamber Hon Simon Bridges has been appointed as the new Board Chair of the New Zealand Transport Agency (NZTA) for a three-year term, Transport Minister Simeon Brown announced today. “Simon brings extensive experience and knowledge in transport policy and governance to the role. He will ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Speech to Life Sciences Summit
    Good morning all, it is a pleasure to be here as Minister of Science, Innovation and Technology.  It is fantastic to see how connected and collaborative the life science and biotechnology industry is here in New Zealand. I would like to thank BioTechNZ and NZTech for the invitation to address ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Progress continues apace on water storage
    Regional Development Minister Shane Jones says he is looking forward to the day when three key water projects in Northland are up and running, unlocking the full potential of land in the region. Mr Jones attended a community event at the site of the Otawere reservoir near Kerikeri on Friday. ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government agrees to restore interest deductions
    Associate Finance Minister David Seymour has today announced that the Government has agreed to restore deductibility for mortgage interest on residential investment properties. “Help is on the way for landlords and renters alike. The Government’s restoration of interest deductibility will ease pressure on rents and simplify the tax code,” says ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Minister to attend World Anti-Doping Agency Symposium
    Sport and Recreation Minister Chris Bishop will travel to Switzerland today to attend an Executive Committee meeting and Symposium of the World Anti-Doping Agency (WADA). Mr Bishop will then travel on to London where he will attend a series of meetings in his capacity as Infrastructure Minister. “New Zealanders believe ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Pacific Language Weeks celebrate regional unity
    This year’s Pacific Language Weeks celebrate regional unity and the contribution of Pacific communities to New Zealand culture, says Minister for Pacific Peoples Dr Shane Reti.  Dr Reti announced dates for the 2024 Pacific Language Weeks during a visit to the Pasifika festival in Auckland today and says there’s so ...
    BeehiveBy beehive.govt.nz
    1 week ago

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