SkyCity’s convention centre would need $10m+ subsidies – MED

Written By: - Date published: 12:06 am, April 22nd, 2012 - 46 comments
Categories: business, capitalism, national - Tags: , , ,

Key’s selling our gambling law to SkyCity in return for a convention centre with no government capital contribution. But, according to the MED, we taxpayers would be subsidising that convention centre with $10m for starters. Plus marketing costs. And, then, ongoing subsidies both if convention numbers fall short and as a kickback when it does bring in conventions.

We know that an international convention centre will never generate a return on the capital invested in it. Which is why no private organisation will do it without the government chipping in money, or doing it legislative favours.

But, the convention centre will, at least, cover its own running costs, won’t it?

Nope. MED’s feasibility study says that an international convention centre would need $10 million of operating subsidies in its first 6 years. Remember, this isn’t about capital costs, which SkyCity is agreeing to pay in full as the price for buying our gambling law. Here’s what MED says:

“it is assumed that the centre’s operating costs will break even. However, in the pre-opening phase, and initial years while the centre is establishing itself, it is likely that operational subsidies will be required. These have been assumed as:
• $2.0 million per annum in each of the three years before opening, for setting up operations and initial
marketing
• $2.9 million in the first year after opening
• $1.4 million in the second year after opening
• $0.5 million in the third year after opening”

On top of that, Tourism New Zealand would be expected to pay for the centre’s marketing:

“Tourism New Zealand, Tourism Auckland and CINZ for example will undoubtedly be active convention marketers.”

Yay! More subsidies. [Important reminder: we can’t afford to extend paid parental leave]

And it gets worse.

See, the fundamental problem with building a great big fuck-off international convention centre in the most isolated country on Earth is that nobody’s going to want to host an international convention centre there. And the other fundamental problem is that there’s already lots of international convention centres, all of them competing for a decreasing number of international conventions.

MED recognises risks – potentially leading to bailouts on top of the subsidies already mentioned – for an international convention centre in the form of a weak global economy (amusingly it says this shouldn’t be a problem because the centre won’t be built until after 2011, by which time everything will be better), increased use of tele-presence, and environmental concerns about flying thousands of people around for what are, invariably, pretty pointless events.

What’s important to recognise is that, while those risks affect all convention centres, they would affect a new Auckland International Convention Centre more than any of its competitors in the rest of the world. This is handsomely illustrated by the fact that, while the number of international conventions worldwide fell 5% between 2008 and 2010, the number in New Zealand fell 40%.

Every year the convention centre doesn’t make the revenue expected, SkyCity will be wanting a handout to keep it going.

But really the crazy thing is this: MED sees SkyCity getting subsidies for hosting conventions too.

Say a few international convention centre organisers are batshit crazy enough to fly 3,500 people to the most isolated country on Earth when there are perfectly good, cheaper alternatives, to a city that doesn’t even have a rail link to its airport, or one to the site of the convention centre. Well, then, there’s insidious idea called ‘subvention’. It goes ‘we’ve got this crappy convention centre that sits empty most of the time but when people come from overseas for conventions here they also spend money on accommodation, gambling, food, hookers, and sometimes they do some tourist stuff too, we don’t provide all those services in our business, but we want the profits’. Or, in MED’s language, ‘subvention (incentive) policies recognise the economic value of conferences to host destinations.’

So, SkyCity would continually have its hand out for more public money as kickbacks.

Subvention works because the convention owner can always threaten to close up, leaving the government with massive empty halls and a whole lot of unneeded associated public infrastructure in the middle of a major city and deny the government some revenue from tourism. The convention centre owners internalise the wider economic benefits of convention centres into their own profits by holding a gun to the government’s head.

It’s interesting to reflect at this juncture on where the term ‘white elephant’ comes from. In Thailand and Burma, white elephants were considered possessions that brought great prestige to their owner (it’s all to do with Buddha). Of course, elephants eat a lot, which is expensive and prestige-bearing objects would require special care, meaning extra expense. Usually, an elephant paid its way doing heavy labour but it was illegal to make a white elephant work. So, the King would give enemies a white elephant. It denoted prestige, but it weakened them in the way that counted, by being an expensive burden.

Do we need or want to have a huge ‘prestige’ project in Auckland that we will have to continually subsidise because it can’t pay its way? And is it worth selling our gambling law, creating more gambling addicts, and inflicting more crime and social costs on our community to get it?

46 comments on “SkyCity’s convention centre would need $10m+ subsidies – MED ”

  1. fender 1

    Key should be the patron who tops up any shortfall in revenue. Hes rich enough to practice philanthropy for a project he seems so passionate about.

    This blatent abuse of power has to end. Giving cronies another 500 money vacuum machines and a white elephant that the taxpayer has to feed is a step too far even for a gambling addict PM.

  2. hellonearthis 2

    John Key isn’t n idea’s man, first term was the cycle way and this term looks like it will be a convention centre. John, please stick to things you know, smiling and waving won’t cost NZ millions…

    • felix 2.1

      You could say his smiling and waving has cost us billions.

    • Fortran 2.2

      The Sydney Convention Centre in Darling Harbour is being demolished – great news !

      But, it being replaced by one four times the size, and will connect closer to the Casino.

      • ghostwhowalksnz 2.2.1

        I think they are demolishing the Sydney Entertainment Center and its carpark which is to the south of the current Convention Centre and adjacent Exhibition Centre.
        Then the old building will be be demolished and sold for ‘private development’
        But much is still up in the air, depending on ‘who is paying off who’

        There is an old saying about ripping off the government by building something for them.

      • Colonial Viper 2.2.2

        But, it being replaced by one four times the size, and will connect closer to the Casino.

        So the Sydney Convention Centre is going to quadruple its capacity? Sounds like there is going to be a glut of convention centre capacity in this part of the world.

        An apparently money losing proposition just got even worse.

      • mike e 2.2.3

        footrot NSW and corruption are one in the same.
        Shonkey insider trading NZ Rail how many shares does shonkey have in sky city

  3. taxicab 3

    since the land that this edifice is going to be built on belongs to skycity no doubt in a few years time when the subsidies become too much of a burden the govt of the day will extracate it’s self out of it’s interest in the whole fiasco and skycity will fill it with the 5oo gaming machines and extend it’s footprint at our expense and laugh all the way to the bank.

  4. locus 4

    Excellent post Eddie and great link to the statistics produced by the International Congress and Convention Association.

    It’s increasingly bizarre that many National supporters believe the forex trader and his casino promoting associates have a good grasp of business and economics. The stats you linked to show very clearly that not only are total conference numbers falling worldwide, but so is the average number of people attending. And this fall in demand for international conferences is a consistent 10 year trend – i.e. started before the global financial crisis.

    Interestingly, during the same period the top 7 conference cities (Vienna, Barcelona, Paris, Berlin, Singapore, Madrid, Istanbul) held an increasing number of conferences, which reflects the ever increasing pressure on organisations worldwide to host international events in hub cities to reduce travel costs.

  5. Kevin Welsh 5

    It never fails to amaze me with all the intricate a bizarre ways they find to transfer wealth to corporations.

    • Jim Nald 5.1

      Indeed. And also, not only is John Key selling our laws (they are not his to sell), he is gambling away our money.

  6. tc 6

    Top post full of those facts and numbers you never get from shonkey, like business are going to choose akl and it’s non existent infrastructure to a venue like Melbourne, a truly world class city, if they decide to come all the way down under.

    I hope this runs and runs burning the arrogance, public funds for the already wealthy and corruption into voters brains, hopefully they may even show up next time.

  7. John Dalley 7

    What do we then do with the likes of Vector Areana and the Town Hall?

    • ghostwhowalksnz 7.1

      Vector Arena is a private ‘build operate’ contract.
      They had to wear the cost overuns

      The Town Hall has allways been publically owned.

      • Chris 7.1.1

        The council put a significant amount of money into Vector arena – it’s not all privately funded

  8. ak 8

    Cracker Eddie. The golden whale has hit the strand and not a host of his sychophant scribes can float him. As r0b noted, the media contrast with the hehenhate campaign could not be more stark nor grotesque: if Nactzi survives this, kiss goodbye to any last trace of this beautiful country’s reputation – and our mokopuna. The corrupted Disneyland of the South Pacific: bought to you by a calloused handful of jaded hacks in the thrall of mammon.

  9. RedLogix 9

    Key has never done an honest, useful day’s work in his life. That’s why he doesn’t KNOW how to create any value.

    Last week I came up with good idea that will reduce our costs by about $50,000 pa and costed about $600 in my time to implement. Done. Value added; just as do tens of thousands of other ordinary working Kiwis do every week.

    Key by contrast was only ever a shuffler of other people’s money, a ticket clipper and wearing the smiling shark-suit.

  10. marsman 10

    Auckland must say NO to an unnecessary convention centre.

  11. Janice 11

    A lot of the profits from any big convention will not stay in New Zealand anyway. The delegates will probably be staying in overseas owned hotes, playing at an overseas owned casino, if the conference is big enough there will even be some overseas hookers come as well, so there will only be crumbs for the locals.

    • Dan 11.1

      Yes, and the overseas owned hotel will pay NZ tax on their income and the overseas owned casino will also pay NZ tax on their income… as for the hookers, well who knows?

      • Colonial Viper 11.1.1

        Your defence would be sound but shame that corporate tax rates are so low then.

        Maybe we should nationalise the assets then we could keep it all. Just like our power stations. We currently keep 100% of the earnings for the people of NZ.

        Not that you’re interested in anything like that.

    • Fortran 11.2

      Janice – you are right

      I see that the Hilton Hotel on the waterfront in Auckland has been sold to a foreigner – a Singaporean family.

      They already own a number of hotels in Australia and New Zealand.

  12. Foreigh Waka 12

    If we are to contribute to this Center – direct or indirect – we are ENTITLED to see a business plan. So, where is it? Or are we in a bad movie?

  13. David 13

    Nice article in the Sunday Herald by Kathryn Powley.

    http://www.nzherald.co.nz/politics/news/article.cfm?c_id=280&objectid=10800577

    To sum up, it looks like this: Back the Auckland City/ Edge deal, Auckland gets a re-vamped St James Theatre and no more pokies. Back the SkYCity deal, Auckland loses a significant theatre space (so the pokies can go in asap!!), a theatre which had previously been a condition of the SkyCity license. Hmmm.

    • tc 13.1

      Yes yes yes the st James is an awesome venue for everything from movies to bands and it’s just tragic that it’s been dormant for years as it is part of akl heritage.

      Reclaim our heritage rather than embellish an already pus filled casino with as much soul as a McDonald outlet.

  14. Jim Nald 14

    Whaaa? The Herald on Sunday awaketh. Must buy a hard copy if the standard of editorial and journalism is improving:

    “Pokie deal is a devil’s bargain”
    http://www.nzherald.co.nz/politics/news/article.cfm?c_id=280&objectid=10800530

    “The liquor and gambling industries thrive at our well-documented social cost.

    “This social harm should, of course, be seen as intolerable even if we get a free convention centre in return, because we are trading human misery for putative economic prosperity – a devil’s bargain if ever there were one.

    ” More important, the evidence now coming to light makes it plain that Key’s behind-the-scenes discussions with SkyCity were at least extremely exceptionable and almost certainly entirely improper.

    “The whole matter could do with the disinfectant of a thorough airing. It is well beyond the point that the PM can smile and shrug off public concern.”

    (and lots more excellent points in the piece)

  15. Matthew Hooton 15

    Please stop writing posts that I agree with. It’s embarrassing for both of us. See http://www.nbr.co.nz/article/pokie-poll-wakeup-call-john-key-117207

    • ghostwhowalksnz 15.1

      Of course you are right Matthew.
      The classic National party deal should be to change the ‘policy only to create a level playing field ‘, which is all the bidders get to have 400-500 poker machines and 75 table games.

      So we could have a ‘casino choice’ in Auckland ?

      But somehow Key wants to ‘pick winners’ ( pun intended) in clear violation of long standing National policy

    • RedLogix 15.2

      The really embarrassing thing Matthew is that if any ordinary public servant, in central or local govt , were to conduct a tender so very badly…. they would either be disciplined, demoted, sacked, their organisation might well end up in Court, or any combination thereof.

    • Blue 15.3

      You’re embarrassing yourself just fine, Matthew. In the midst of an otherwise perfectly sensible article you suddenly go off on a bizarre tangent about how the EFA ‘made it illegal to effectively criticise the government in election year.’

      Even the most partisan hack should have some scruples.

  16. bad12 16

    There will only be one thing which can be described as ‘good’ which will come out of the shady dealings emanating from the 9th floor of the Beehive in Wellington,

    Blown away is the smoke and shattered are the mirrors behind which such corrupt little deals are stitched together,

    The public, including many of those who voted for National on the basis of its down home folksy leader, the poor Kiwi-kid who made good in the world of high finance and came home to little old New Zealand to fulfill His child-hood dream of leading the country into a better future,

    All a load of f**king bullshit of course, a public relations coup dreamed up to hide the venal shortcomings of a political leader carrying an empty suitcase of intellectual and moral rigour hiding behind the folksy down home Kiwi-kid facade with a carefully scripted fast paced smile’n’wave brand of politics,(akin to the weet-bix ads you see on the TV),

    Whats exposed,is what I and many others have from day one of the current Prime Ministers tenure always maintained to be the true Slippery nature of the real person behind that facade of smile,n,wave politics,

    A Slippery charlatan, someone who I and many others have maintained would sell you,me,and,this country down the road in a second if HE thought there was a buck in it for Him or any of His fellow traveling, card trick purveying, shyster mates…

  17. bbfloyd 17

    an update for you…. steven joyce was on the radio whining that the deal was “still in the negotiation stage”, and that it was possible the government could still back out…..

    well done ladies and gentlemen…. the cowards are getting ready to run away again….

    of course, you won’t be seeing, or hearing johnny “sparkles” making any public backdowns any time soon….. that’s being dumped into joyces lap…. seeing as how the sparkly one is far too busy rolling himself in glitter to take time out to actually be a leader….(the stuff just doesn’t seem to stick on as well as it did)….

    • Treetop 17.1

      “Still in the negotiation stage.” Joyce on Q & A this morning said the same thing.

      I am left asking why the tendering process was closed down and Sky City have been awarded the contract when the government are still in the negotiation stage?

      More like the REnegotiation stage to minimise the backlash from the public when it comes to the government not playing on a level playing field as one business entity is asking the government to change the law and others who tendered for the national convention centre were not given equivalent access to government. Even though the law was changed for the Hobbit movies this was inclusive of everyone in the film industry.

  18. yeshe 18

    Jim Anderton said on Q and A that the premier of South Australia has recently turned down Sky City on a very similar deal over there ? Implied they were sent packing …

  19. Draco T Bastard 19

    When the greater economic benefits of building the trains here was mentioned the RWNJs poo-pooed the idea and now, all of a sudden, they’re used as justification to build a convention centre that will be a constant loss on the economy?

    Something tells me that the right are stealing the language of the left again.

  20. Steven Joyce struggled to effectively defend the Sky City convention centre decision on Q & A and revealed his complete disinterest in the issues of problem gambling. It’s all about the money!
    http://localbodies-bsprout.blogspot.co.nz/2012/04/national-hell-bent-on-selling-new.html

  21. Anne 21

    the fundamental problem with building a great big fuck-off international convention centre in the most isolated country on Earth is that nobody’s going to want to host an international convention centre there.

    That’s easily solved. Sell Air NZ to some filthy, rich middle-eastern sheik (Sultan of Brunei springs to mind) on the proviso they arrange for NZ to host a minimum of three international conventions of… 3000 delegates plus per annum. Deal done I reckon Johnny boy? (sarc)

    • Fortran 21.1

      Anne

      Since when has Brunei been in the Middle East. ?
      It’s an oil rich country in Borneo due east of Singapore-
      duh !
      Assume you are a teacher.

      • Anne 21.1.1

        Sell Air NZ to some filthy, rich middle-eastern sheik (Sultan of Brunei springs to mind)

        Should read (Sultan of Brunei also springs to mind).

        Happy now rwfw?

      • squirming 21.1.2

        No, more likely an ex politician.

  22. DH 22

    Thanks Eddie, that’s good work. It’s a shame our media aren’t up to the same standard, this interview by the obsequious Campbell is just embarrassing to watch;

    http://ondemand.tv3.co.nz/Campbell-Live-Friday-April-20-2012/tabid/119/articleID/6262/MCat/73/Default.aspx

    To quote Key on the Crafar decision, at 1:03;

    “So, the government needs to follow the law…”

    In light of the Sky City deal that’s real foot in mouth stuff and Campbell didn’t even pounce on it. The law forbids Sky City to install more pokies and Key isn’t following the law there is he. The hypocrisy is quite galling.

  23. Observer 23

    Everyone knows you can earn big money by owning a low overhead, low maintenance Pokie Machine, but does a big Convention Centre earn the same day in and day out wealth?

    Or put another way, will SkyCity with expanded pokie capacity earn sure and large profit while the NZ Tax Payer props up and pays for a much less sure Convention Centre?

    I would rather be on SkyCity’s money train – than on a Convention Centre’s. Would you?

  24. Very interesting article in the ODT today regarding the proposed Dunedin Conference Centre upgrade. To be completed by 2016, they expect to host 36 conferences a year, up from 16 a year in 2008. Even if this unlikely number of conferences is achieved they will still be operating at an annual deficit of $4.5 million.

    Are these people insane?

Recent Comments

Recent Posts

  • New Zealand supports UN Palestine resolution
    New Zealand voted in favour of a resolution broadening Palestine’s participation at the United Nations General Assembly overnight, Foreign Minister Winston Peters says.    “The resolution enhances the rights of Palestine to participate in the work of the UN General Assembly while stopping short of admitting Palestine as a full ...
    BeehiveBy beehive.govt.nz
    52 mins ago
  • Speech to the 2024 Infrastructure Symposium
    Introduction Good morning. It’s a great privilege to be here at the 2024 Infrastructure Symposium. I was extremely happy when the Prime Minister asked me to be his Minister for Infrastructure. It is one of the great barriers holding the New Zealand economy back from achieving its potential. Building high ...
    BeehiveBy beehive.govt.nz
    15 hours ago
  • $571 million for Defence pay and projects
    Defence Minister Judith Collins today announced the upcoming Budget will include new funding of $571 million for Defence Force pay and projects. “Our servicemen and women do New Zealand proud throughout the world and this funding will help ensure we retain their services and expertise as we navigate an increasingly ...
    BeehiveBy beehive.govt.nz
    20 hours ago
  • Climate change – mitigating the risks and costs
    New Zealand’s ability to cope with climate change will be strengthened as part of the Government’s focus to build resilience as we rebuild the economy, Climate Change Minister Simon Watts says. “An enduring and long-term approach is needed to provide New Zealanders and the economy with certainty as the climate ...
    BeehiveBy beehive.govt.nz
    20 hours ago
  • Getting new job seekers on the pathway to work
    Jobseeker beneficiaries who have work obligations must now meet with MSD within two weeks of their benefit starting to determine their next step towards finding a job, Social Development and Employment Minister Louise Upston says. “A key part of the coalition Government’s plan to have 50,000 fewer people on Jobseeker ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Accelerating Social Investment
    A new standalone Social Investment Agency will power-up the social investment approach, driving positive change for our most vulnerable New Zealanders, Social Investment Minister Nicola Willis says.  “Despite the Government currently investing more than $70 billion every year into social services, we are not seeing the outcomes we want for ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Getting Back on Track
    Check against delivery Good morning. It is a pleasure to be with you to outline the Coalition Government’s approach to our first Budget. Thank you Mark Skelly, President of the Hutt Valley Chamber of Commerce, together with  your Board and team, for hosting me.   I’d like to acknowledge His Worship ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • NZ – European Union ties more critical than ever
    Your Excellency Ambassador Meredith,   Members of the Diplomatic Corps and Ambassadors from European Union Member States,   Ministerial colleagues, Members of Parliament, and other distinguished guests, Thank you everyone for joining us.   Ladies and gentlemen -    In diplomacy, we often speak of ‘close’ and ‘long-standing’ relations.   ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Therapeutic Products Act to be repealed
    The Therapeutic Products Act (TPA) will be repealed this year so that a better regime can be put in place to provide New Zealanders safe and timely access to medicines, medical devices and health products, Associate Health Minister Casey Costello announced today. “The medicines and products we are talking about ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Decisions on Wellington City Council’s District Plan
    The Minister Responsible for RMA Reform, Chris Bishop, today released his decision on twenty recommendations referred to him by the Wellington City Council relating to its Intensification Planning Instrument, after the Council rejected those recommendations of the Independent Hearings Panel and made alternative recommendations. “Wellington notified its District Plan on ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Rape Awareness Week: Government committed to action on sexual violence
    Rape Awareness Week (6-10 May) is an important opportunity to acknowledge the continued effort required by government and communities to ensure that all New Zealanders can live free from violence, say Ministers Karen Chhour and Louise Upston.  “With 1 in 3 women and 1 in 8 men experiencing sexual violence ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Smarter lunch programme feeds more, costs less
    Associate Education Minister David Seymour has today announced that the Government will be delivering a more efficient Healthy School Lunches Programme, saving taxpayers approximately $107 million a year compared to how Labour funded it, by embracing innovation and commercial expertise. “We are delivering on our commitment to treat taxpayers’ money ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Report provides insights into marine recovery
    New research on the impacts of extreme weather on coastal marine habitats in Tairāwhiti and Hawke’s Bay will help fishery managers plan for and respond to any future events, Oceans and Fisheries Minister Shane Jones says. A report released today on research by Niwa on behalf of Fisheries New Zealand ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • NZ to send political delegation to the Pacific
    Deputy Prime Minister and Foreign Minister Winston Peters will lead a broad political delegation on a five-stop Pacific tour next week to strengthen New Zealand’s engagement with the region.   The delegation will visit Solomon Islands, Papua New Guinea, Vanuatu, New Caledonia, and Tuvalu.    “New Zealand has deep and ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Low gas production threatens energy security
    There has been a material decline in gas production according to figures released today by the Gas Industry Co.  Figures released by the Gas Industry Company show that there was a 12.5 per cent reduction in gas production during 2023, and a 27.8 per cent reduction in gas production in the ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Defence industry talent, commitment recognised
    Defence Minister Judith Collins tonight announced the recipients of the Minister of Defence Awards of Excellence for Industry, saying they all contribute to New Zealanders’ security and wellbeing. “Congratulations to this year’s recipients, whose innovative products and services play a critical role in the delivery of New Zealand’s defence capabilities, ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Speech to the Minister of Defence Awards of Excellence for Industry
    Welcome to you all - it is a pleasure to be here this evening.I would like to start by thanking Greg Lowe, Chair of the New Zealand Defence Industry Advisory Council, for co-hosting this reception with me. This evening is about recognising businesses from across New Zealand and overseas who in ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Speech to the Sixth Annual New Zealand Government Data Summit
    It is a pleasure to be speaking to you as the Minister for Digitising Government.  I would like to thank Akolade for the invitation to address this Summit, and to acknowledge the great effort you are making to grow New Zealand’s digital future. Today, we stand at the cusp of ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Ceasefire agreement needed now: Peters
    New Zealand is urging both Israel and Hamas to agree to an immediate ceasefire to avoid the further humanitarian catastrophe that military action in Rafah would unleash, Foreign Minister Winston Peters says.   “The immense suffering in Gaza cannot be allowed to worsen further. Both sides have a responsibility to ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Daily school attendance data now available
    A new online data dashboard released today as part of the Government’s school attendance action plan makes more timely daily attendance data available to the public and parents, says Associate Education Minister David Seymour.  The interactive dashboard will be updated once a week to show a national average of how ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Ambassador to United States appointed
    Foreign Minister Winston Peters has announced Rosemary Banks will be New Zealand’s next Ambassador to the United States of America.    “Our relationship with the United States is crucial for New Zealand in strategic, security and economic terms,” Mr Peters says.    “New Zealand and the United States have a ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • New permit proposed for recreational gold mining
    The Government is considering creating a new tier of minerals permitting that will make it easier for hobby miners to prospect for gold. “New Zealand was built on gold, it’s in our DNA. Our gold deposits, particularly in regions such as Otago and the West Coast have always attracted fortune-hunters. ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • NZ and the UAE launch FTA negotiations
    Minister for Trade Todd McClay today announced that New Zealand and the United Arab Emirates (UAE) will commence negotiations on a free trade agreement (FTA). Minister McClay met with his counterpart UAE Trade Minister Dr Thani bin Ahmed Al Zeyoudi in Dubai, where they announced the launch of negotiations on a ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • New Zealand Sign Language Week an opportunity for anyone to sign
    New Zealand Sign Language Week is an excellent opportunity for all Kiwis to give the language a go, Disabilities Issues Minister Louise Upston says. This week (May 6 to 12) is New Zealand Sign Language (NZSL) Week. The theme is “an Aotearoa where anyone can sign anywhere” and aims to ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Next stop NASA for New Zealand students
    Six tertiary students have been selected to work on NASA projects in the US through a New Zealand Space Scholarship, Space Minister Judith Collins announced today. “This is a fantastic opportunity for these talented students. They will undertake internships at NASA’s Ames Research Center or its Jet Propulsion Laboratory (JPL), where ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • $1.9 billion investment to keep NZ safe from crime
    New Zealanders will be safer because of a $1.9 billion investment in more frontline Corrections officers, more support for offenders to turn away from crime, and more prison capacity, Corrections Minister Mark Mitchell says. “Our Government said we would crack down on crime. We promised to restore law and order, ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • OECD reinforces need to control spending
    The OECD’s latest report on New Zealand reinforces the importance of bringing Government spending under control, Finance Minister Nicola Willis says. The OECD conducts country surveys every two years to review its members’ economic policies. The 2024 New Zealand survey was presented in Wellington today by OECD Chief Economist Clare Lombardelli.   ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Agreement delivers Local Water Done Well for Auckland
    The Government has delivered on its election promise to provide a financially sustainable model for Auckland under its Local Water Done Well plan. The plan, which has been unanimously endorsed by Auckland Council’s Governing Body, will see Aucklanders avoid the previously projected 25.8 per cent water rates increases while retaining ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Gaza and the Pacific on the agenda with Germany
    Foreign Minister Winston Peters discussed the need for an immediate ceasefire in Gaza, and enhanced cooperation in the Pacific with German Foreign Minister Annalena Baerbock during her first official visit to New Zealand today.    "New Zealand and Germany enjoy shared interests and values, including the rule of law, democracy, respect for the international system ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Decision allows for housing growth in Western Bay of Plenty
    The Minister Responsible for RMA Reform, Chris Bishop today released his decision on four recommendations referred to him by the Western Bay of Plenty District Council, opening the door to housing growth in the area. The Council’s Plan Change 92 allows more homes to be built in existing and new ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Speech to New Zealand China Council
    Thank you, John McKinnon and the New Zealand China Council for the invitation to speak to you today.    Thank you too, all members of the China Council. Your effort has played an essential role in helping to build, shape, and grow a balanced and resilient relationship between our two ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Modern insurance law will protect Kiwi households
    The Government is modernising insurance law to better protect Kiwis and provide security in the event of a disaster, Commerce and Consumer Affairs Minister Andrew Bayly announced today. “These reforms are long overdue. New Zealand’s insurance law is complicated and dated, some of which is more than 100 years old. ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government recommits to equal pay
    The coalition Government is refreshing its approach to supporting pay equity claims as time-limited funding for the Pay Equity Taskforce comes to an end, Public Service Minister Nicola Willis says.  “Three years ago, the then-government introduced changes to the Equal Pay Act to support pay equity bargaining. The changes were ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Transforming how our children learn to read
    Structured literacy will change the way New Zealand children learn to read - improving achievement and setting students up for success, Education Minister Erica Stanford says.  “Being able to read and write is a fundamental life skill that too many young people are missing out on. Recent data shows that ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • NZ not backing down in Canada dairy dispute
    Trade Minister Todd McClay says Canada’s refusal to comply in full with a CPTPP trade dispute ruling in our favour over dairy trade is cynical and New Zealand has no intention of backing down. Mr McClay said he has asked for urgent legal advice in respect of our ‘next move’ ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Stronger oversight for our most vulnerable children
    The rights of our children and young people will be enhanced by changes the coalition Government will make to strengthen oversight of the Oranga Tamariki system, including restoring a single Children’s Commissioner. “The Government is committed to delivering better public services that care for our most at-risk young people and ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Streamlining Building Consent Changes
    The Government is making it easier for minor changes to be made to a building consent so building a home is easier and more affordable, Building and Construction Minister Chris Penk says.      “The coalition Government is focused on making it easier and cheaper to build homes so we can ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Minister acknowledges passing of Sir Robert Martin (KNZM)
    New Zealand lost a true legend when internationally renowned disability advocate Sir Robert Martin (KNZM) passed away at his home in Whanganui last night, Disabilities Issues Minister Louise Upston says. “Our Government’s thoughts are with his wife Lynda, family and community, those he has worked with, the disability community in ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Speech to New Zealand Institute of International Affairs, Parliament – Annual Lecture: Challenges ...
    Good evening –   Before discussing the challenges and opportunities facing New Zealand’s foreign policy, we’d like to first acknowledge the New Zealand Institute of International Affairs. You have contributed to debates about New Zealand foreign policy over a long period of time, and we thank you for hosting us.  ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Accelerating airport security lines
    From today, passengers travelling internationally from Auckland Airport will be able to keep laptops and liquids in their carry-on bags for security screening thanks to new technology, Transport Minister Simeon Brown says. “Creating a more efficient and seamless travel experience is important for holidaymakers and businesses, enabling faster movement through ...
    BeehiveBy beehive.govt.nz
    1 week ago

Page generated in The Standard by Wordpress at 2024-05-10T18:04:20+00:00