There is an alternative

Written By: - Date published: 8:53 am, January 29th, 2013 - 48 comments
Categories: Economy, jobs - Tags:

Some people who don’t really understand economics think it’s all about confidence – if business would be more confident, they would then invest more and hire more people. In truth, confidence is merely an indicator that the fundamentals for growth are right. So, when Joyce accuses manufacturing bosses of ‘talking down’ the economy, he’s missing the point. Probably intentionally.

The manufacturing bosses and the EPMU at the first day’s hearing of the Manufacturing Inquiry were unequivocal – the over-valued dollar is killing us. And it’s simple to see why – sell $100 of product overseas in US dollars in 2001 and you got NZ$250. Today, you get $127.

You can innovative your arse off, but against that kind of declining return, you’ll be lucky to tread water.

And, in the last four years, manufacturing stopped treading water. Nearly 1 in 5 manufacturing jobs have been lost during that period.

It’s time to move the debate past ‘is there a problem with manufacturing’ and ‘is the high dollar that problem’? The answer to both is clearly ‘yes’.

Now, the question is ‘what do we do about it?’ The logical option would be to do what all our trade partners are doing to lower their currencies: capital controls, export assistance, quantitative easing, a lower official cash rate are all options.

It’s time to stop saying ‘there’s no alternative’ and, instead, start asking which alternatives we’ll choose.

48 comments on “There is an alternative ”

  • Comments are now closed

  1. Draco T Bastard 1
    29 January 2013 at 10:32 am

    The logical option would be to do what all our trade partners are doing to lower their currencies: capital controls, export assistance, quantitative easing, a lower official cash rate are all options.

    That would be logical within the current economic paradigm but, considering how our economic system is destroying the environment, is it logical to continue to use the same paradigm?

    • Andre 1.1
      29 January 2013 at 11:01 am

      We need a ‘Reset button’ . and a government intelligent enough to Press it .. The long term outlook for western economics is only bad . New thinking is needed. The only option.

      • SpaceMonkey 1.1.1
        29 January 2013 at 11:58 am

        Following this current economic paradigm, the reset button is war. It’s going to take ballsy leadership to steer NZ in the direction we need to go because the root cause is the economic model itself: the concept of “growth” and consumerism. Until we address that, it’s not going to matter who is in Government, left or right… it’s the economic equivalent of pimping a ride with no engine.

        • bad12 1.1.1.1
          29 January 2013 at 12:06 pm

          Aha, that’s a correct analysis based upon what the European nations have resorted to at various times in history when their Ism is threatened,(mostly by their own greed filled actions),

          How we keep our little country out of what i see as the building pressures for the sort of global scale conflagration our Leaders would happily fall all over themselves to involve us in, (or more to the point our young), is at present beyond me…

        • Rogue Trooper 1.1.1.2
          29 January 2013 at 2:44 pm

          this Monkeys’ going to Heaven Surfer Rosy

      • McFlock 1.1.2
        29 January 2013 at 12:22 pm

        Life doesn’t have a reset button. Why should the economy?

        • Draco T Bastard 1.1.2.1
          29 January 2013 at 12:51 pm

          The “economy”, as its presently constituted, isn’t a natural part of life. The real economy is but the real economy isn’t related in any way, shape or form to the present financial system.

    • geoff 1.2
      29 January 2013 at 1:05 pm

      Excellent point DTB but that is too big a problem for them to think about. That would require a collectivism that, presently, gets laughed at in the mainstream.

  2. VivaciousViper 2
    29 January 2013 at 10:44 am

    Yes there is an alternative, a snap election,another 2yrs of this ramshackle nact govt
    doesn’t bear thinking about.

  3. PlanetOrphan 3
    29 January 2013 at 11:02 am

    Comeas back to DunnoKeyo playing his “Merrill Lynch” handbook.

    He promised all those people he’d borrow not print money, they in turn called him “UnCivilised” and tried to help by keeping our dollar strong so we can pay of the debt.

    Bloody Idiot should’ve listened to the IMF and printed money 4 years ago.

    • Lanthanide 3.1
      29 January 2013 at 11:27 am

      “He promised all those people he’d borrow not print money, they in turn called him “UnCivilised” and tried to help by keeping our dollar strong so we can pay of the debt.”

      NZ government debt is in $NZ, so the exchange rate doesn’t change how easy it is for us to pay it back or not.

      In fact, a high exchange rate actually discourages people from lending to us: in the past, for example, if someone wanted to lend the government $200NZ (ie, buy $200NZ worth of government bonds), they would take their $100US and buy $200NZ and then buy the government bonds, who in the future would pay them back $200NZ + interest. But now, if they want to buy $200NZ in government bonds, it will cost them $157US.

      • PlanetOrphan 3.1.1
        29 January 2013 at 2:33 pm

        So why is our Exchange rate so high all of a sudden ?

        • Rogue Trooper 3.1.1.1
          29 January 2013 at 2:46 pm

          maybe we need to pimp the Model T past the Baldwins down into Richmond; Dew Drop Inn?

          • PlanetOrphan 3.1.1.1.1
            29 January 2013 at 3:10 pm

            Nice 2 cu Rogue, Not even a pimped out Model T will fix DunnoKeyos’ bad tuning M8!

        • mikesh 3.1.1.2
          29 January 2013 at 2:55 pm

          The value of the dollar is determined by the relationship between imports, exports, invisibles and overseas borrowing. It is probably excessive borrowing, with the proceeds being pumped into the housing market, that is probably the main culprit. Lowering the exchange rate may be difficult because a change in one of the other variables can be offset by an increase in borrowing.

          • PlanetOrphan 3.1.1.2.1
            29 January 2013 at 3:21 pm

            i.e back to printing more money ?

          • Draco T Bastard 3.1.1.2.2
            29 January 2013 at 5:37 pm

            1.) Lower the OCR down to 0%
            2.) Make government loans available to everyone (business and mortgages) at 0%

            Exchange rate lowered.

        • Lanthanide 3.1.1.3
          29 January 2013 at 4:49 pm

          Because the US and rest of the world have been devaluing their currencies.

    • bad12 3.2
      29 January 2013 at 12:24 pm

      Indeed, the IMF in its interim report to the incoming National Government,(a report i can no longer find online) directly advised the National Government to seriously consider the use of quantitative easing,(printing money), to avoid the worst effects of the World wide financial crisis impacting upon the New Zealand economy,

      IMF interim reports are then referred to the incumbent Government for comment after which the full report is produced by the IMF,

      The full report when produced had had all reference to ‘quantitative easing’ expunged from it, so it was obviously a direct decision of the Slippery lead National Government to ‘borrow’ the Country into a massive Government debt even tho it had at hand,(and still does), the perfect tool to lower the New Zealand dollars international value while shielding the future generation from having to forgo social services in order to re-pay Government debt,

      My take on this is that it is simply playing politics by the National Government with the economy of New Zealand and the lives of future generations of this country,

      To be blunt, an attempt to ‘kneecap’ the economy so as to prohibit the next Government from being able to institute any further social programs and in effect trying to force upon that Government a panic situation where devaluation of the New Zealand dollar is considered via regulation,(a really stupid idea when the pluses of quantitative easing are so blindingly apparent and the tool will also lower the value of that New Zealand dollar)…

      • Rogue Trooper 3.2.1
        29 January 2013 at 2:49 pm

        ahhh, devaluation devaluation devaluation (banks are courting property investors into “fixed terms” meanwhile Hickey forecasts mortgage interest rates rising later this, early next, Yeah Baby! The Carrot, then Stick it too them.

  4. higherstandard 4
    29 January 2013 at 11:08 am

    So we’d be better off if our dollar was at 0.40 to the USD ?

    • Lanthanide 4.1
      29 January 2013 at 11:29 am

      Manufacturers might be better off. The economy as a whole would unlikely be, largely due to the much higher oil prices these days (which IMO are part of the reason the exchange rate is high).

      Certainly manufacturers would be much happier with a dollar that was around 60-65 US cents.

      • higherstandard 4.1.1
        29 January 2013 at 11:39 am

        Indeed I always find it amusing that whatever the exchange rate is someone’ll be moaning.

        Certainly those countries with historically strong currencies too tough and as you say if our dollar devalued significantly consumer prices would increase significantly along with many of the imports utilised throughout our public health system.

        • tracey 4.1.1.1
          29 January 2013 at 11:45 am

          which is why everyone being tied tot he US dollar was simply a World Bank/USA idea that served only one point five masters

          • Draco T Bastard 4.1.1.1.1
            29 January 2013 at 12:13 pm

            Actually, that was the Bretton Woods Agreement which is the agreement that set up the World Bank, the fixed exchange rates that existed after the end of WWII, and the US$ as the world’s reserve currency. Unfortunately, no one seems to have realised that by going to a free-market system there is no such thing as a reserve currency.

            • CV - Real Labour 4.1.1.1.1.1
              29 January 2013 at 12:16 pm

              What people need to realise is that although the US Gov moved the US Dollar off the Gold Standard…they have effectively moved it to the crude oil standard.

              Which is why the US gets mighty twitchy every time a bourse starts up somewhere which allows the trading of oil in a currency other than USD.

              • SpaceMonkey …
                29 January 2013 at 5:14 pm

                Hence Libya… Gaddafi was courting African countries with a gold-backed dinar. It would’ve stuffed the US dollar and every other fiat currency. It was also one of (then) four nations without a privately owned central bank. Military intervention ensued.

                Iran, looking to get into bed with the BRICS nations, is also one those nations without a privately owned central bank. They are looking to trade oil in anything but the US dollar so you know what the noise is about… the banksters want that bank. The only thing stopping the US and Israel is an unequivocal demand from China – hands off Iran. China gets approx. 80% of its oil from Iran.

                Meanwhile China is amassing gold. No one knows exactly how much but it is estimated to be around 6,000 tonnes. All gold mined in China is going straight into their bank vaults. They may be looking to match the US reserves of 8,000 tonnes at which point China may very well choose write off the shitty US dollars they hold and back their currency with gold. That will send shockwaves through the global economy and it will not go down well with the central banksters. I would expect the response to be military… the US and Europe would have lost the currency war currently being waged at this moment.

                Meanwhile NZ has 0 tonnes of gold. We sold the last of our reserves in 1991 like the good little IMFers we are (to the IMF gold is not money). If the world moves back to a gold standard (and that’s a big IF because the banksters will fight it all the way) NZ is doubly fucked.

    • bad12 4.2
      29 January 2013 at 12:41 pm

      No,we would be better off if the New Zealand dollar had a value of 70 cents against the US dollar, it is not the New Zealand dollar that has risen per se against the US dollar, it is fact the reverse,

      The US dollar as they have diluted their currency by printing money has lowered in value when compared with currencies all over the world,

      The National Government’s failure to follow suit,(even when advised to do so by the IMF),has simply seen our currency become over-valued at the loss of our Manufacturing sectors competitive edge and the loss of employment,

      There would have been very little negative effect had this National Government printed the 300 million dollars a week it currently borrows,

      What should have occurred with the Christchurch rebuild was the declaration of a ‘special economic zone’ which in effect would have removed the false ‘growth’ figures which will occur because of that rebuild in New Zealands total economic figures over the next decade,

      Including the rebuild in such economic figures will in effect force the Reserve Bank to further tighten the money supply to the rest of New Zealand as the ‘false growth figures’ from Christchurch can be contained within the Reserve Banks ‘Inflationary Targets Band’, BUT, growth elsewhere in the New Zealand economy will threaten a breach of that ‘inflationary targets band’…

      • bad12 4.2.1
        29 January 2013 at 10:59 pm

        The ‘false growth’ of the Christchurch rebuild???, it’s simply this, the ‘growth in economic activity that will be recorded from the efforts of the Christchurch rebuild will in fact be the re-recording of ‘growth’ that previously occurred befor the Christchurch earthquakes,

        The Christchurch earthquakes destroyed the previous ‘growth’ and the rebuild will only replace that ‘growth’ as no accounting has been made of the actual loss of ‘growth’ from the destruction caused by those earthquakes recording the rebuild of Christchurch as ‘growth’ is then ‘false’ and such recording of that ‘false growth’ in the sum total of New Zealand’s economic activity at any time will simply give a ‘false’ distorted picture of overall national ‘economic activity’,

        So, what need happen??? an accounting need take place that identifies ‘the loss of growth’ as the damage caused by the Chrischurch earthquakes, this X accounting of loss then need be the basis from which ‘actual growth’ in the Christchurch region can have some ‘actual’ platform from which to be measured from,

        Lets use for example a figure of 30 billion dollars as the amount of loss caused by those earthquakes, for ‘actual growth’ to occur in such a scenario 30 billion dollars must first be spent into the local economy as earthquake damage repair or rebuild befor any ‘actual growth’ can be said to have occurred,

        My view is this, Christchurch until such time as that loss/growth equation has been equalized should be legislated as a special economic zone where the economic activity until such time as that loss/growth equation has become neutral does not figure in the recording of national economic data as to do so will build into the New Zealand economy a level of ‘false growth’ that will then generate a level of ‘false inflation’ and the actions ensuing from this will seriously damage the New Zealand economy…

  5. tracey 5
    29 January 2013 at 11:30 am

    How much have they borrowed since coming to office??

    • David H 5.1
      29 January 2013 at 10:04 pm

      About 42 Billion bucks Not sure if that’S NZ or US currency.

      • CV - Real Labour 5.1.1
        29 January 2013 at 10:57 pm

        NZ I think.

        Averages $250M – $300M pw.

        • bad12 5.1.1.1
          29 January 2013 at 11:30 pm

          The interesting thing about discussions with people over whether that 250-300 million dollars a week should have been borrowed into the New Zealand economy or printed into that economy is the number of people,(including Slippery the Prime Minister), who seem to believe that borrowed dollars have ‘magic qualities’,

          Tell the average head that those dollars borrowed should have been instead printed by the New Zealand Government or more to the point the Reserve Bank of New Zealand and they will mostly begin spluttering about inflation,

          To believe in this inflation fallacy a person must also believe that pigs can fly, steamrollers really do roll steam,choclate fish can swim, the tooth fairy put that dollar under the pillow, and various other myths that i could spend half the night listing,

          Such people,despite all the evidence steadfastly refuse to believe that any of the currently borrowed 250-300 million dollars a week has come hot off of the printing presses from some other economy busily engaged in propping up the collapsed system of capital,and, such people,although they will vehemenently deny such obviously believe that a ‘borrowed dollar’ has magic properties which do not allow that borrowed dollar to create the merest % of inflation,

          Such believers in the ‘magic powers’ possessed by a ‘borrowed dollar’ would seem to include most of the Parliament including most of the Labour Caucus along with the Labour caucus Leader Dave Shearer who when discussing future Labour Government spending seems to be stuck, like a cracked record, at the word Borrowing…

  6. Enough is Enough 6
    29 January 2013 at 11:34 am

    Be careful what you wish for. What would happen to our fuel costs if the dollar was $0.65 US?

    How much more New Zealand cash would be sucked up and sent to the BP’s of this world if we could get our dollar to that point?

    • Lanthanide 6.1
      29 January 2013 at 11:37 am

      I’d guess around $2.30-$2.50 a litre.

      It would help drive effieincy and fuel conservation. Better we start sooner than later on that.

      • higherstandard 6.1.1
        29 January 2013 at 11:39 am

        Lets put a 300% tax on petrol.

        It would help drive effieincy and fuel conservation. Better we start sooner than later on that.

        • Draco T Bastard 6.1.1.1
          29 January 2013 at 12:17 pm

          Why put in something artificial when we could just have properly costed fuel?

          Of course, that would require government regulation ensuring that all costs were properly accounted for that the free-marketeers would then say was artificial.

        • Lanthanide 6.1.1.2
          29 January 2013 at 1:11 pm

          Or, lets be sane and phase in that 300% oil tax in over 10 years, so as not to suddenly jolt the economy with a big blow.

          Luckily Key and crew are already on it, raising petrol taxes by 9c over the next 3 years.

          • CV - Real Labour 6.1.1.2.1
            29 January 2013 at 1:20 pm

            You just have to remember that real incomes will be declining all that time as well, so 300% may effectively be a real 500% increase and hence be too harsh.

      • Andre 6.1.2
        29 January 2013 at 11:52 am

        OR spend 12 billion of future spending on road ,That will help… Exon now biggest company in the world .

      • Enough is Enough 6.1.3
        29 January 2013 at 12:07 pm

        Yep, and at that price what happens to our economy?

        I am curious whether we could cope in the short term with that.

        • Draco T Bastard 6.1.3.1
          29 January 2013 at 12:54 pm

          It shifts to being more local and less dependent upon international trade.

          • blue leopard 6.1.3.1.1
            29 January 2013 at 2:50 pm

            Whats wrong with going local and becoming less dependent upon international trade now?

            • Draco T Bastard 6.1.3.1.1.1
              29 January 2013 at 5:41 pm

              Nothing as far as I can see but the currency traders and banksters will probably start to lose out.

              • CV - Real Labour …
                29 January 2013 at 5:49 pm

                And they will fight back. Hence the provisions in the TPP allowing dubious multinational corporate entities to sue the NZ Government.

Recent Comments

Recent Posts

  • 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
    5 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
    10 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
    10 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
    1 day 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
    1 day 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
    2 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
    2 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
    2 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
    2 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
    2 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
    2 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
    2 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
    3 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
    3 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
    3 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
    3 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
    4 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
    4 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
    4 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
    4 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
    5 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
    6 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

  • Community hui to talk about kina barrens
    People with an interest in the health of Northland’s marine ecosystems are invited to a public meeting to discuss how to deal with kina barrens, Oceans and Fisheries Minister Shane Jones says. Mr Jones will lead the discussion, which will take place on Friday, 10 May, at Awanui Hotel in ...
    BeehiveBy beehive.govt.nz
    1 week ago

Page generated in The Standard by Wordpress at 2024-05-10T07:58:20+00:00