web analytics

51% swindle averted

Written By: - Date published: 12:43 pm, June 21st, 2012 - 31 comments
Categories: assets, privatisation, Privatisation, scoundrels - Tags: , , , ,

It looks like the Nats’ attempt to pull a swindle on the meaning of “51% ownership” has been averted. For those who haven’t been following the story, the Nats have, of course, promised to retain 51% government ownership of the state-owned assets they are partially flogging off. But back in April Vernon Small alerted us to an attempt to pervert the meaning of 51%…

Loophole allows sale of over 49pc

A loophole in the law covering partially privatised state assets will allow much more than 49 per cent of the value of the companies to be privatised, providing the extra shares do not carry voting rights.

The Government has pledged to retain 51 per cent of the four energy companies it has put on the block, starting with Mighty River Power later this year.

But a “minor policy decision” by ministers, revealed in a Cabinet paper released last week, shows that the 51 per cent limit, as well as the 10 per cent cap on individual shareholdings, will apply only to voting shares.

The Cabinet has agreed “the 10 per cent and 51 per cent restrictions should be calculated on the basis of voting rights rather than the total percentage of all securities held (including those with non-voting rights)”.

The wording in the Mixed Ownership Model Bill, which has had its first reading in Parliament, would ensure control of the companies remains with the Government.

But it would not prevent the companies – with shareholding ministers’ approval – issuing or selling non-voting shares, diluting the taxpayers’ slice of the dividends and profits the companies generate.

As I wrote at the time, this wasn’t a “loophole”, it was a simple lie, as the Nats had clearly promised to retain 51% of income (not just “voting rights”). Now, however, I’m pleased to report that the Nats have backed off from this attempted swindle. Vernon Small again:

Government U-turn on SOE sale cap

The Government has backed down on a move that would have allowed it to sell more than 49 per cent of partially privatised state assets, providing the extra shares did not carry voting rights.

Fairfax Media highlighted the loophole in April and it is understood that sparked a backlash from United Future leader Peter Dunne. It is understood the Government made a U-turn after Dunne dug in his toes, arguing the wording in the Mixed Ownership Model Bill would breach his party’s support deal with National.

Last night SOE Minister Tony Ryall moved the amendment to the Bill, which changed the requirement on the Government from retaining 51 per cent of the shares with voting rights to 51 per cent of all shares.

This is excellent news. Full credit to Vernon Small for his excellent reporting of the issue, and Peter Dunne for making a stand. United Future’s Dunedin North candidate Pete George says he alerted Dunne to the issue, and has some more background on UF’s involvement here.

Peter Dunne could, of course, do so much more. He could vote against the legislation to flog off our assets, and kill the move dead. The overwhelming majority of Kiwis are against the sales. There’s “growing frustration” in Dunne’s own electorate at his support for the sales. The overwhelming majority of submissions to the select committee were opposed, and the Nats have terminated the process early to force this unpopular measure through. If they are successful, if the assets do get sold off, it will be because Dunne let it happen. Hey Peter – why not be a hero instead?

31 comments on “51% swindle averted ”

  1. Te Reo Putake 1

    Hero? Hairo!
     
    The sad thing about Dunne’s intervention on the rort is that he will probably now say that he has done more than he promised. Which would be true, because he promised nothing and allowed the misconception that he opposed these sales to flourish, instead of being open and honest. He has made a minor, though important change, which doesn’t stop the theft of the lesser portion of the assets, but at least stops the damage from being worse.
     
    But that’s not enough. If he truly believes he is serving the best intersts of the majority of Kiwis, he should stop ignoring the message middle NZ is sending him and vote down this needless and shortsighted legislation. He won’t though, because, at heart, he’s a Tory, not a centrist.

  2. Kotahi Tane Huna 2

    Dunne has put his foot down because he had no choice: his quisling nature having been utterly exposed by his weasel words around the sales. The only reason he even raised it is because of the pressure he has been subjected to.

    Keep the pressure up: he’s weak and has no values worth speaking of.

  3. Ed 3

    Does that still leave the loophole whereby subsidiary companies can still be sold off so that the government is left owning 51% of a cashed up shell?

    Even selling 49% of the operating subsidiaries will reduce the ‘effective’ government ownership of current assets being far less than 51%.

    Does it stop the company finding another company to ‘manage’ the assets for them – giving a long term management contract that effectively moves a significant portion of the income to a separate player – again leaving government owning 51% of a lower income stream.

    The issue of non-voting shares was discussed a long time ago, it is indeed good that when it became obvious that the government were trying to slip this one through ‘under the radar’, it got picked up by newspapers. It is sad that we have to be so vigilant and distrustful of our own government

  4. This is excellent news. Full credit to Vernon Small for his excellent reporting of the issue, and Peter Dunne for making a stand.

    I agree, Dunne and UF have done what they said they would, kept National honest and kept to commitments made before and after the election, including on the Confidence & Supply agreement.

    Peter Dunne could, of course, do so much more. He could vote against the legislation to flog off our assets, and kill the move dead.

    But that is trying to get him to do the opposite, to get him to ignore not just commitments to allow limited part assets sales go ahead, but also to throw out the whole C&S comitments and bring down the government.

    People that expect him to stand on principle when it suits them but want him to throw principles aside with much bigger repercussions involved when it doesn’t say much for the principles of those asking him to do a complete u-turn to suit their demands.

    Of course some want see the government crash – they don’t care about democracy and reasonable coalition practice, as long as they get their way.

    • r0b 4.1

      You think defeating the asset sales legislation would bring down the government? Steady on. It would make them do their sums again, move their targets, maybe even make them reverse their tax cuts to the rich. But I see no reason to believe that it would lead to terminal instability.

      • You_Fool 4.1.1

        Except if the NAct’s throw their toy’s out of the cot over being denied their “mandated” policy and growth plan…. So no worries as we know they are all grown adults…

    • KJT 4.2

      Yes. We do want to see this bunch of thieves and fools crash. Before they do too much more damage.

      We cannot afford to give them free rein until 2014. The destruction is already almost unfixable!

      Pete. You fool. Legislating against the wishes and best interests of the majority of New Zealanders, IS NOT DEMOCRACY.

  5. jack 5

    I don’t see how that will bring the government down. Infact, wish there were independent mp’s to vote their beliefs rather than vote the party line. Only 1 vote and that could change the direction of New Zealand. There should be binding referendums to keep this from happening, prevent parliamentary dictatorship.

  6. Georgecom 6

    “that sparked a backlash from United Future leader Peter Dunne”

    Talk about over statement. ‘Backlash’ from Peter Dunne. Please.

    Best thing is to drive into Dunne over the next 10 days and try and give him the backbone to at least delay the legislation until the referendum has been had.

    • There’s no certainty there will be a referendum, so that’s a futile tactic.

      The MOM part sales are National’s policy, you have to convince them not to go ahead if you want to stop it. If there’s a compelling reason to do that it has been buried under a mountain of misinformation.

      • Crashcart 6.1.1

        Are you really going to try and say that there has been no evidence that the MOM is not only poorly formed policy but bad economics?

        They want to push this through and they haven’t even sorted the bonus scheme they want to implement. All the figures show that the lost revenue will out strip the monetary gain from the sales inside of 10 years.

        Voting this down now won’t destroy the government. It will force them to go back and actually do it properly if they want to make it happen rather than half ass rush it through. UF needs to get some back bone. National knows that they can’t go to the poles with the feeling against them as bad as it is at the moment so they sure as hell won’t break with UF over this.

      • Georgecom 6.1.2

        Pete

        Suggest you take me at my word that there will be a referendum. We have only just started to organise for this. Every where the petition goes Pete, it gets signatures.

        Certainly will have the number for it. Only thing that will stop it is if the Government screws the scrum. Won’t put it passed them trying, however, a petition of that magnitude will be silly for the Government (and I include Dunne in that) attempting to subvert it.

        Best thing Dunne can do is gracefully take a couple of steps backward and declare that he will not make a final decision until the referendum is had. Otherwise he risks taking a bath on this one. Seriously Pete, he risks a soaking

        • Pete George 6.1.2.1

          Seriously I don’t think you have thought through what a farce this would make of the democratic process.

          If what you suggest was done we would enter an era of major policy being hamstrung by the threat of a possible referendum some time in the future. Would a Green/Labour government be happy to go along with that? Get real.

          • KJT 6.1.2.1.1

            Can’t have the citizens of NZ having a say in major policies that affect them. That would never do.

            Politicians may not be able to rush through badly thought out and inadequately discussed and researched policies. Shame!

            Pete. You are totally confused about what the word Democracy means. Rule, by the people. Not Cabinet!

            It does not mean that thieves, in parliament, can plunder whenever they like.

            And. A lot of past Labour policies would also have been a lot better held up until more thought is applied.

            It has already been proven that asset sales lose us more than we gain. Anyone still supporting them is either deluded or venal. Which are you?

            • Pete George 6.1.2.1.1.1

              I think you’re the one who is confused.

              You are totally confused about what the word Democracy means. Rule, by the people.

              CIR. For the citizens. Not Green Party. Not Labour Party. Not National Party. Citizens.

              • KJT

                Aren’t the Green party citizens?

                They are collecting signatures so citizens can have a vote on something which most are opposed too.

                You haven’t answered my question on why you are supporting theft?

                • Aren’t Cabinet citizens?

                  You obviously don’t get the supposed purpose of CIR.

                  • KJT

                    I thought it was democracy. Of course politicians have limited their effectiveness so much that they are derisory, but at least we may be able to show our disgust this time.

          • tracey 6.1.2.1.2

            you are over reacting. Just how many referendums have stirred nzers? If anything its a strong message that if a referendum can get, say 500,000signatures then it is a matter beyong ordinary policy which concerns them. The test is how many would vote in the referendum. Id rather see a few million spent on this part ofvdemocracy than 120m paying consuktants and pr to sugar coat a significant policy. I agree that the majority arent always right but some issues warrant an outlet for we of the great unlistened to.

          • Georgecom 6.1.2.1.3

            Pete, if the other Pete wanted to maintain his political chances for 2014 he’ll do as I suggested. This issue has that much potential to seriously damage the Government. Dunne is pissing against the tide. A strategic retreat will have him delaying things until after the referendum.

      • Draco T Bastard 6.1.3

        If there’s a compelling reason to do that it has been buried under a mountain of misinformation.

        Ah, no, it’s been said loud and clear – you just don’t want to listen because it would mean the you and your Hair God are wrong.

      • I think a 17% return from SOEs is fairly compelling?

        As is the fact that asset sales worsen our current account when profits are remitted overseas.

        And the notion that state assets belong to us, the people – not National nor individual investors.

        Three good reasons.

  7. The Greens referendum is a farce, and a waste of taxpayers money.
    I always though that 51% was unanimously higher than 49% ?

    • Te Reo Putake 7.1

      Do you not read the replies to your comments, Fortran? For the 3rd time, minority shareholders can and do have have influence bigger than their shareholding suggests. As Fairfax has just found out, 18.9% is more than enough to take control.

      • Pete George 7.1.1

        Not if one other entity has 51% and is the Crown.

        • KJT 7.1.1.1

          Shareholders can and do take major shareholders to court for not acting in the best intere4sts of all shareholders.

          An indicative paper from NZ’s supreme court gives a strong indication they would have to rule in the minority shareholders favour if non commercial decisions reduce their share values or dividends.

    • tracey 7.2

      i think you will find those percentages amount to a majority not unanimous at all

Recent Comments

Recent Posts

  • Upper Hauraki to move to Alert Level 2
    Upper Hauraki will move to Alert Level 2 from 11:59pm tomorrow, 25 September, COVID-19 Response Minister Chris Hipkins confirmed today. After positive cases were detected in the Upper Hauraki area on Sunday, extra Alert Level restrictions were put in place to immediately prevent any wider transmission of the virus.  “We’ve ...
    BeehiveBy beehive.govt.nz
    2 hours ago
  • Report into Aotearoa New Zealand’s export controls system released
    Foreign Affairs Minister Nanaia Mahuta today welcomed the findings of an independent review into Aotearoa New Zealand’s export controls system, which regulates the export of goods to foreign militaries, police forces or paramilitaries. Produced by David Smol, a former Chief Executive of the Ministry of Business, Innovation and Employment, the ...
    BeehiveBy beehive.govt.nz
    5 hours ago
  • New District Court Judge appointed
    Attorney-General David Parker has announced the appointment of Brett Crowley of Wellington as a District Court Judge.  He is currently the Wellington Public Defender and started his career as a staff solicitor working in a range of litigation including criminal defence work. He went to the bar in 1999 specialising ...
    BeehiveBy beehive.govt.nz
    6 hours ago
  • Mental health stocktake shows strong progress
    The first report of the Government’s Implementation Unit has found strong progress has been made since the Mental Health and Addictions Package was announced in 2019. “The report notes most initiatives funded in the Budget 2019 package are on track to deliver what is expected by 2023/24,” Grant Robertson said. ...
    BeehiveBy beehive.govt.nz
    6 hours ago
  • Working together to grow the West Coast
    A project that has been crucial in allowing businesses to continue during the tourism downturn is among a number of initiatives to receive a boost from the Government’s Jobs For Nature programme, Conservation Minister Kiri Allan says. Sustaining South Westland is an extension of an initiative set up last year ...
    BeehiveBy beehive.govt.nz
    6 hours ago
  • Next steps to improve safety in wake of Whakaari White Island tragedy
    The Government is moving to improve safety in light of the Whakaari White Island tragedy and has released proposals to reinforce safety standards in registered adventure activities. The package of proposals includes: Strengthening requirements for how operators, landowners and the regulator manage natural hazard risks Improving how risks are monitored, ...
    BeehiveBy beehive.govt.nz
    8 hours ago
  • New Zealand donates more COVID-19 vaccines to COVAX and the Pacific
    Foreign Affairs Minister Hon Nanaia Mahuta and Associate Health Minister Aupito William Sio announced today that New Zealand is donating additional Pfizer vaccines to the Pacific and AstraZeneca vaccines to the COVAX Facility, to support equitable access to COVID-19 vaccines. “New Zealand is donating 708,000 doses of the AstraZeneca COVID-19 vaccine ...
    BeehiveBy beehive.govt.nz
    11 hours ago
  • Speech to the Property Council of New Zealand
    Kia ora koutou katoa   Is it a pleasure to be able to speak with you today, and to be able to answer some questions you may have. I would like to acknowledge the organisers of this event, the Property Council. The theme of this year’s conference is City Shapers. Together ...
    BeehiveBy beehive.govt.nz
    24 hours ago
  • Additional MIQ for Christchurch
    An additional hotel will be added to our network of managed isolation and quarantine facilities, COVID-19 Response Minister Chris Hipkins said today. “I have approved and Cabinet is in the final stages of signing off The Quality Hotel Elms in Christchurch as a new managed isolation facility,” Chris Hipkins said. ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • NZ COVID-19 response earns another major digital investment
    Minister for the Digital Economy and Communications Dr David Clark welcomes Amazon’s Web Services’ (AWS) decision to establish a Cloud Region on New Zealand shores, further boosting New Zealand’s growing digital sector, and providing a vote of confidence in the direction of New Zealand’s economic recovery. “Amazon is the second ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • New Zealand invests in cutting edge cancer R&D
    Scaling up the manufacture of CAR T-cell cancer therapy for clinical trials Advancing New Zealand’s biomedical manufacturing capability Supporting future international scientific collaborations Transforming cancer care with targeted, affordable solutions Research, Science and Innovation Minister Hon Dr Megan Woods has announced that the fight against COVID-19 will not stop the ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Expert group appointed to lead New Zealand’s future health system
    An outstanding group of people with extensive and wide-ranging governance and health experience have been appointed to lead the Māori Health Authority and Health New Zealand, Health Minister Andrew Little says. “This Government is building a truly national health system to provide consistent, high-quality health services right across the country. This ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Funding to help clean up contaminated sites
    The Government is supporting the clean-up of contaminated sites in Northland, Dunedin and Southland to reduce risk to people’s health and protect the environment. Environment Minister David Parker said the funding announced today, through the Contaminated Sites Remediation Fund, will help us turn previously hazardous sites into safe, usable public ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Predator Free apprenticeships open up new job opportunities
    The expansion of a predator free apprenticeship programme is an opportunity for more people to kick-start a conservation career, Conservation Minister Kiri Allan says. “The Predator Free Apprenticeship Programme is focused on increasing the number of skilled predator control operators in New Zealand through a two-year training programme. “The Trust ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Further NCEA support confirmed for Auckland students
    The number of Learning Recognition Credits for senior secondary school students will be increased for Auckland students, Education Minister Chris Hipkins confirmed today. This recognises the extended time these students will spend in Alert Levels 3 and 4. “It means students in Auckland will have a fair opportunity to attain ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Long-term pathway next step to better mental wellbeing for New Zealanders
    The Government is taking a new approach to support people who experience mental distress, Health Minister Andrew Little says. “Kia Manawanui Aotearoa – Long-term pathway to mental wellbeing (Kia Manawanui) is the first 10-year plan of its kind that targets the cause of mental distress and also sets out how ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Keeping our Police safe to keep our communities safe
    The Government is committed to keeping our frontline police officers safe, so they in turn can keep New Zealanders safe – with one of the largest investments in frontline safety announced by Police Minister Poto Williams at the Police College today.   The $45 million investment includes $15.496 million in ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Clean Vehicles Bill passes first checkpoint
    The Land Transport (Clean Vehicles) Amendment Bill will help New Zealand drive down transport emissions by cleaning up the light vehicle fleet, Transport Minister Michael Wood says. The Bill passed its first reading today and will establish the legislative framework for key parts of the Government’s Clean Car Package, including ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Funding boost supports ongoing Māori COVID-19 response
    The Government is responding to the need by whānau Māori and Māori Health providers to support their ongoing work responding to COVID-19 and to continue increasing rates of Māori vaccination, Associate Minister for Health (Māori Health), Peeni Henare and Minister for Māori Development Willie Jackson announced today.   This increased ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Significant increase to COVID-19 penalties
    Penalties for breaches of COVID-19 orders are set to significantly increase from early November 2021 to better reflect the seriousness of any behaviour that threatens New Zealand’s response to the virus, COVID-19 Response Minister Chris Hipkins said today. “Throughout this Delta outbreak we’ve seen the overwhelming majority of people doing ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Counter-Terrorism Legislation Bill returns to Parliament
    The Counter-Terrorism Legislation Bill has returned to Parliament for its second reading in an important step towards giving enforcement agencies greater power to protect New Zealanders from terrorist activity. “The Bill addresses longstanding gaps in our counter terrorism legislation that seek to protect New Zealanders and make us safer,” Justice ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Joint Statement: New Zealand and Australian Trade Ministers
    Hon Damien O'Connor MP, New Zealand Minister for Trade and Export Growth, and Hon Dan Tehan MP, Australian Minister for Trade, Tourism and Investment, met virtually on Monday 20 September to advance trans-Tasman cooperation under the Australia-New Zealand Closer Economic Relations Trade Agreement (CER). CER is one of the most ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Prime Minister’s Post Cabinet Press Conference/COVID-19 Update opening statement
    ***Please check against delivery***   E te tī, e te tā, nau mai rā [To all, I bid you welcome]   As you will have seen earlier, today there are 22 new community cases to report; three of which are in Whakatiwai in the Hauraki area, and the remainder in ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Major milestones for Māori COVID-19 vaccine rollout as new campaign launches
    Whānau Ora and Associate Health (Māori Health) Minister Peeni Henare acknowledges two major milestones in the rollout of the COVID-19 vaccination programme for Māori. “I am very pleased to announce more than 50 percent of eligible Māori have received their first dose and 25 per cent are now fully vaccinated,” ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Government funding to fight infectious diseases
    $36 million for research into Covid-19 and other infectious diseases The investment will improve our readiness for future pandemics Research will focus on prevention, control, and management of infectious diseases The Government’s investing in a new Infectious Diseases Research Platform to boost Aotearoa New Zealand’s Covid-19 response and preparedness for ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Quarantine-free travel with Australia to remain suspended for a further 8 weeks
    Suspension to be reviewed again mid to late November Decision brought forward to enable access from Australia to first tranche of around 3000 rooms in MIQ Air New Zealand working at pace to put on more flights from Australia from October    The suspension of quarantine-free travel (QFT) with Australia has ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Extra support for Ethnic Communities to share vaccination information
    Extra support is being made available to Ethnic Communities to help them share COVID-19 vaccination information within their communities, Minister for Diversity, Inclusion and Ethnic Communities Priyanca Radhakrishnan said. “We know we need to get every eligible person in New Zealand vaccinated. A fund being launched today will allow for ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • School holidays remain unchanged for Auckland region
    School holidays in Auckland will continue to be held at the same time as the rest of the country, starting from Saturday, 2 October, Education Minister Chris Hipkins said today. “I’ve carefully considered advice on the implications of shifting the dates and concluded that on balance, maintaining the status quo ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government continues crackdown on gangs and organised crime
    Operation Tauwhiro extended until March 2022 Since it was launched in February, Operation Tauwhiro has resulted in:   987 firearms seized $4.99 million in cash seized 865 people charged with a firearms-related offence Gangs and organised crime groups will continue to be relentlessly targeted with the extension of Police’s successful ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Speech to Body Positive 'HIV Treatments Update Seminar 2021'
    E ngā mana E ngā reo E ngā iwi Tēnā koutou katoa Ka huri ki ngā mana whenua o te rohe nei. Tēnā koutou. He mihi hoki ki a tatou kua tau mai nei I raro I te kaupapa o te rā. Nō reira tēnā koutou katoa Acknowledgements It’s a ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Power bill changes bring fairness to charges
    A key recommendation of an independent panel to make electricity charges fairer across all households will be put in place, the Energy and Resources Minister Megan Woods has announced. “Phasing out the regulations on ‘low-use’ electricity plans will create a fairer playing field for all New Zealanders and encourage a ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • NZ economy’s strong momentum will support rebound from Delta outbreak; COVID fund replenished
    The economy showed strong momentum in the period leading up to the recent Delta COVID-19 outbreak, which bodes well for a solid economic rebound, Grant Robertson said. GDP rose 2.8 percent in the June quarter, following on from a 1.4 percent increase in the previous March quarter. This was a ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Projects create benefits into the future
    Making a well-known lake swimmable and helping to halt the decline of the endangered hoiho/yellow-eyed penguins are among a suite of new projects being supported by the Government’s Jobs for Nature programme across the southern South Island, Conservation Minister Kiri Allan says. “It’s no secret that many of our most ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Opening statement for Whāriki Indigenous Small Business Roundtable
      Kei ngā tōpito e wha o te āo e rere ana te mihi maioha ki a koutou nō tawhiti, nō tata mai e tāpiri ana ki tēnei taumata kōrero mo te ao hokohoko arā mā ngā pākihi mo ngā iwi taketake Tēnā koutou, tēnā koutou katoa – Pai Mārire.  ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • New members appointed to Kāpuia
    The Government is adding four additional members to Kāpuia, the Ministerial Advisory Group on the Government’s Response to the Royal Commission of Inquiry into the terrorist attack on Christchurch mosques. “I’m looking forward to having Pamela MacNeill, Huia Bramley, Melani Anae and Katherine Dedo  join Kāpuia and contribute to this group’s ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Timeline confirmed for Emissions Reductions Plan
    Cabinet has agreed to begin consulting on the Emissions Reduction Plan in early October and require that the final plan be released by the end of May next year in line with the 2022 Budget, the Minister of Climate Change, James Shaw confirmed today. “Cabinet’s decision allows organisations and communities ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Pay parity pathway for early learning teachers confirmed
    Pay parity conditions and higher funding rates for education and care services will come into force on 1 January, 2022, Minister of Education Chris Hipkins confirmed today. The Government signalled this work in Budget 2021. “From 1 January, 2022, centres opting into the scheme will receive government funding and be ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Speech to the New Zealand Nurses Organisation Conference 2021
    Kia Ora tatau katoa.   Ka tuku mihi ki nga nēhi, He pou Hauora o Aotearoa, E ora ai tatou.   Whakatau mai  I runga i te kaupapa o te ra Te NZNO conference.   Tena koutou tena koutou Tena tatou katoa   Good morning, and thank you inviting me ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government investment in farmer-led catchment groups sweeps past 150 mark
    171 catchment groups have now been invested in by the Government 31 catchment groups in the Lower North Island are receiving new support More than 5,000 farmers are focussed on restoring freshwater within a generation through involvement in catchment groups  Government investment in on-the-ground efforts by farmers to improve land ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Fight to protect kauri on track
    The Government is pitching in to help vital work to protect nationally significant kauri forests in Auckland, Minister of Conservation Kiri Allan says. “Ensuring the survival of these iconic trees for future generations means doing everything we can to prevent the potential spread of kauri dieback disease,” Kiri Allan said. ...
    BeehiveBy beehive.govt.nz
    1 week ago