An outside view on CGT

Written By: - Date published: 7:03 am, July 8th, 2011 - 78 comments
Categories: labour, national, tax - Tags: ,

We tend to get very wrapped up in our own world here in NZ. Same old voices running the same old lines round and round in circles until we’re all dizzy and just a little bit nauseous. Sometimes it’s good to hop off the merry-go-round and seek an outside perspective on the issues of the day.

Case in point the CGT (capital gains tax) debate. Yesterday’s Morning Report interview with Sydney Morning Herald economics correspondent Peter Martin (hat tip Gordon Campbell) is an excellent overview of the topic, and an eye opener of an international perspective. The audio is here, but I’ve transcribed some extracts.

On how odd we are for not having a CGT:

I thought NZ was something of a worldwide orphan … members of both sides of [Australian] politics use NZ as a sort of case study in strangeness because there’s a yawning gap in New Zealand’s tax system, which isn’t there in the UK’s tax system, isn’t there in the US tax system, isn’t there in the Australian tax system.

And yet the New Zealanders showed the way for us in the mid 80’s with their goods and services tax. And yet there’s always been this strange thing missing that New Zealand’s been unable to do, and I must say I thought it would never happen, it would be one of the continuing quaint things about our cousins across the ditch.

On how a CGT allows all income to be treated as income:

… the idea is that if you earn a buck, you’ve earned a buck, it doesn’t matter how you’ve earned it. So if you earn a buck from working hard, labour, you’re taxed on that at your marginal tax rate. If you earn a buck from selling shares at a profit, or buying anything else really and selling it at a profit, speculation I suppose you could call it, you’re taxed on that at your marginal tax rate.

So if your marginal tax rate is low, 15%, that’s what you’re taxed. If your marginal tax rate is 30%, that’s what you’re taxed. …

There is no [separate] capital gains tax in Australia, and there is no [separate] capital gains tax in a lot of other countries. Capital gains are regarded as income.

Far from the nightmare of complexity that the Nats are trying to scare us with, that sounds pretty simple doesn’t it! There’s plenty of other good stuff in that interview on how the lack of a CGT creates damaging distortions in our tax system, and how (despite all dire predictions) the CGT didn’t destroy the property market in Australia. But I want to finish with one final point, that is particularly important, as hysterical Nats try and talk down the amount that a CGT might raise:

Raising isn’t the point. This is misunderstood.

A capital gains tax could be very effective if it raised nothing. What the capital gains tax does ideally is stop people, for tax reasons, changing income into capital gain. So even if the amount that you forecast you would raise from the capital gains tax is low, that isn’t an argument against the capital gains tax. Because if it is low, it’s because what it is doing is encouraging people to make fewer “capital gains” (with quotation marks around them) and make greater income.

It’s more a case of just not having (sort of) a big gap in the tax system people can drive trucks through.

Far from the complexity, avoidance, and low yield that the Nats would have you believe, the picture of CGT that emerges from this interview is one of simplicity, fairness, and closing loopholes. No wonder the Nats hate it.

78 comments on “An outside view on CGT ”

  1. Harris was very clear and succinct.  I hope that his comments are utilised again.

    I bet the Labour leadership is pleased that on day three of that launch that was not the CGT debate is still going strong.  The debate in the various papers is fascinating.  The Herald said yesterday that Goff’s CGT proposal showed courage, and when you can rely on Hooten and Farrar for support you know the Nats have a headache.

    The proposal clearly shows that Labour has a plan and National does not.  And the tax will allow the Government not to sell shares in the power companies to cover the Government’s expenses. 

    • queenstfarmer 1.1

      the tax will allow the Government not to sell shares in the power companies to cover the Government’s expenses

      Agreed with you up to this point. Based on the SWG numbers, the estimate is that a CGT on investment property would bring in around $700m a year, after 15 years. How is that going to cover the Govt’s current expenses, let alone the spending increases promised by Labour?

      • Draco T Bastard 1.1.1

        Did you read this bit?

        Raising isn’t the point. This is misunderstood.

        A capital gains tax could be very effective if it raised nothing.

        If people are presently managing to structure their income as capital gains that income is not taxed. Throw in a CGT and that income becomes taxable even if the actual capital gains disappear. In other words, we may see a increase in tax take indirectly from the CGT as some present tax structures used to minimise tax are forgone.

        • queenstfarmer 1.1.1.1

          I agree. Hence, my questioning the assertion that the CGT would cover Govt expenses.

          • Draco T Bastard 1.1.1.1.1

            The CGT itself may not but it’s total effect probably will.

          • Deadly_NZ 1.1.1.1.2

            At the end of the day who really cares?? Just as long as it evens out the playing field and stops the insane property investment, that stops ‘working’ kiwi’s buying their own houses. And if they cant pay it (CGT) Sell up, then pay the tax, and if you still don’t like it. I hear that Somalia is ripe for property investment sharks, you should go well with the Pirates they’ll make you feel right at home. for a price.

      • mickysavage 1.1.2

        the estimate is that a CGT on investment property would bring in around $700m a year, after 15 years. How is that going to cover the Govt’s current expenses, let alone the spending increases promised by Labour?
         
        Initially I agree it will not cover current expenses.  Putting everything else aside if the Government does not sell the power company shares there is a $6 billion hole in the country’s finances that will need to be replaced with borrowing.
         
        As time goes by this hole can be refilled by the larger than otherwise dividend stream that the Government will receive and also by CGT as payments start.
         
        The interest cost on the extra borrowing will be in the vicinity of $300 million a year which is less than the forecast dividend stream.

        EDIT: I also agree with Draco that the general tax take should increase and this will also help fill in the hole.

  2. Chris 2

    Yes it is a bolder plan by Labour, it will make sure they won’t win the election, but it’s a plan even if it’s in the wrong direction to win an election.

    • Colonial Viper 2.1

      In that case I hope Labour comes up with many more policies which “make sure they won’t win the election” 🙂

  3. aj 3

    A CGT is not going to stop people from striving for capital gains. It just means that the $100,000 windfall gain becomes $85,000, or the $1,000,000 gain becomes $850,000

    That’s no going to be end times for investors in any market that may be caught by a CGT. The arguments against it are just the normal ideological ones that come from those who view any form of taxation as theft.

    • felix 3.1

      “The arguments against it are just the normal ideological ones that come from those who view any form of taxation as theft.”

      This.

      • That’s nonsense. There are always valid arguments, ideological and others, for and against any tax.

        Virtually everyone accepts that tax is essential, so “view any form of taxation as theft” is a poor attempt at labelling abuse.

        • felix 3.1.1.1

          Not from you there aren’t.

        • Draco T Bastard 3.1.1.2

          Most people accept that taxes are necessary. The psychopaths leading National and Act think it’s theft.

        • Deadly_NZ 3.1.1.3

          Really I think that to have a work mate pay a lesser amount of tax just because he has an investment property is obscene. Bring on the CGT.

    • Frank Macskasy 3.2

      Indeed, Aj.

      I recall the same arguments against GST – and that tax hit low-income earners/beneficiaries/superannuitants even worse.

      Yet, here we are twentyfour years later – the world has not ended. (*Looks out window to confirm continuing existence of the universe*)

      • Draco T Bastard 3.2.1

        (*Looks out window to confirm continuing existence of the universe*)

        Testing…

        • Deadly_NZ 3.2.1.1

          Oh shoot the Yes button failed, press………..press……….press…………press…………
          ” We are sorry Universal testing failed”
          “self destruct armed. 15 minutes to detonation”
          “Please enter your 256k encryption code, to disarm”
          “Sorry you took too long”
          b
          y
          e

  4. Australia is the obvious place to look to for the pros and cons of a Capital Gains Tax. And there’s obviously good reasons why many countries use CGT in various forms – as in fact we already do in New Zealand.

    But there’s a lot more to it than one glowing review of one opinion.

    Far from the complexity, avoidance, and low yield…

    A quick squiz at Capital gains tax in Australia suggests it mightn’t be quite as simple as you’re making out.

    Avoidance is an issue with any form of taxation.

    Yield can be low, especially in the first decade of implementation, and can be quite variable, as shown here: Chart of the day, ruining it for everyone edition. It’s noticable how slow and low it can be, and the impact it can have on tax take during a recession.

    • Colonial Viper 4.1

      Why don’t you read the post and listen to the piece before commenting mate, you know the bit where the guy says a CGT could raise no money and still be very effective. Loser.

      • Why don’t you read the post and what I quoted? You know, the bit where they guy says:

        Far from the complexity, avoidance, and low yield that the Nats would have you believe

  5. Longinius Howard 5

    That should be nauseated not nauseous

  6. The Gormless Fool formerly known as Oleolebiscuitbarrell 6

    “A capital gains tax could be very effective if it raised nothing.”

    Yet yesterday:

    “Danyl at DimPost nails it with characteristic economy – “National wants to finance the rebuilding of Christchurch via asset sales; Labour via a tax on property speculation”.”

    If CGT is going to raise no money, how is Labour going to fund its promises?

    • Colonial Viper 6.1

      Christchurch needs to be funded and rebuilt over the next 10 or more years, not in the next 2 years.

      • The Gormless Fool formerly known as Oleolebiscuitbarrell 6.1.1

        That’s brilliantly answered, then.

        If CGT is to be enacted to raise the money that National wants to raise by partial asset sales, but it is acknowledged that a CGT will raise no revenue, is there not a little problemette?

        • felix 6.1.1.1

          Try reading the post Ole. If CG is treated as income then the normal income tax applies.

          • The Gormless Fool formerly known as Oleolebiscuitbarrell 6.1.1.1.1

            Only it is not. In Australia, if you have held the asset for a year it is not taxed as other income. it is taxed at 50% of the rate of income.

            But that wasn’t my point in any event.

            I am inclined to favour the tax as a re-balancing exercise, something the post lauds (“Raising isn’t the point.”) That’s fine. But if it raises no extra money you can’t claim it as the counter-balance to partial asset sales.

            • felix 6.1.1.1.1.1

              If more CGs are classed as income then more income is taxed then more money is raised.

              • higherstandard

                What about the losses ?

                • Daveo

                  Aren’t losses already able to be written off against tax on other income?

                  • The Gormless Fool formerly known as Oleolebiscuitbarrell

                    Not if they are on capital account.

                    • Totally buggered

                      The last time the country was in panic mode over debt we sold our railways telecommunications forestry fishing banks an airline and and god knows what else and began the process of privatizing our power companies ,all of which made huge profits for the advertising industry law firms overseas profits to everywhere else and put alot of people out of work.We got in return Australian companies setting the platform for NZ business not that that was entirely detrimental but it did change us from being able to see the wood for the trees which is to say we didnt have a grip on the detail in this international carve up of the country.
                      Our core resources last time were agriculture fishing forestry and cheap power now it is importing other peoples money for housing and growing an urban economy cos its easier, bugger food its in the too hard basket yeah right .Farming is being forced to rape the water and ecology of the country because we failed to secure our fishing industry and stop the consumption of agricultural land for urban sprawl.
                      Why should we have to allow all the fishing nations in the world the right to our resource without being able to control the value of that resource all the way back to where they come from.Might over right.
                      So when the environment is fucked and the food supply is the price of Japan’s the only people who will be able to live here will be the ones who have made their money else where which is the road we are going down. We cant even manage 4 million people let alone think we could support 15million.
                      Capital gains tax might be a good start in bringing some sense to this country’s finance problems

    • Draco T Bastard 6.2

      Yep, still gormless and still a fool. Taking a sentence out of context is a good way to the lose meaning and thus the argument. And you hadn’t even begun yet.

      • The Gormless Fool formerly known as Oleolebiscuitbarrell 6.2.1

        Still a bastard, I see (handle hilarity never gets old).

        There I was thinking that a large point of the post was that a CGT is valuable for re-balancing, even if it raises no money.

        Man, am I stupid.

        • Draco T Bastard 6.2.1.1

          Two things:
          1.) The CGT will probably raise some money itself. It’s actually highly unlikely to raise none although it’s possible to be low.
          2.) The existence of a CGT will likely cause a shift in present tax structures which will most likely cause an increase in the tax take.

          Both of these points you completely failed to address and yet they were both within the scope of the context of the first sentence you quoted.

          Man, am I stupid.

          Yes, you are.

          • The Gormless Fool formerly known as Oleolebiscuitbarrell 6.2.1.1.1

            Yes. I did fail to address them, didn’t I? But then, I did not then fully appreciate that it fell to me (and apparently, to me alone) to present a point-by-point refutation of every aspect of the post. Nor did I then completely grasp that a failure to do so made me stupid.

            Luckily for you, I do not require such rigour from you, Bastard. If you feel like it, you might address the sole point I raised which was: how can you claim the CGT will make partial asset sales unnecessary while at the same time accepting that it will raise not much revenue?

            And if you choose not to (as you have twice so far) I doubt I will find it necessary to put it down to your lack of intellect (although I have to say, if you cannot find terms of abuse other than those I have already applied to myself I may have to conclude that you are a little derivative).

  7. higherstandard 7

    So when’s the actual policy details coming out ?

    The speculation about what’s in or out of the CGT is getting a bit boring.

  8. queenstfarmer 8

    Good commentary. One point though, remember that in NZ capital gains are regarded as income in a variety of circumstances (at the marginal tax rate), however the gaping hole in this is investment property.

  9. Lanthanide 9

    A (really boring) tax professor from Auckland University I think it was, some university anyway, was on the radio this morning saying that actually the guy yesterday oversimplified and distorted how Australia’s system really worked.

    He said that actually Australia has a ledger separate from your normal income tax at which capital gains are on and on taxed at (and losses are carried forward separate). He didn’t give a precise clarification on what this meant, but I think the gist of it is that if you’re earning $100k salary and your marginal tax rate is say 30%, if you make capital gains of $20k in the year they will go onto the separate CGT scale at $20k and you might pay 15% tax on them, and they are not added to your income tax (so you don’t effectively earn $120k in income and pay 30% marginal on the extra $20k).

    So, given that, I’d be a bit weary to rely on anything specific yesterday’s “economics correspondent” said.

    • Draco T Bastard 9.1

      I’m not. What he said, that income should be taxed no matter how it’s “earned”, makes sense. On top of that, obviously the one Labour is putting forward won’t be the same as the Australian one and is, hopefully, even better after learning lessons from the Australian one.

      • hopefully, even better after learning lessons from the Australian one.

        Yes, hopefully, and that’s an advantage of following rather than leading with new tax systems.

        Labour probably still have a few years to fine tune their version.

    • Lanthanide, the Australian addressed this. He mentioned that the Howard government changed it from the marginal tax rate to the scheme you outlined (and effectively cut it to 15% or thereabouts).

      So – at least on that basis – you shouldn’t ignore his other points. 

  10. marsman 10

    Duncan Garner, Jackboot Joyce’s Mediaworks Poodle, lead a scaremongering bleat-along on the ‘ news’ last night. The sale of farms will be taxed, in headlines. A farmer’s representative was nearly apoplectic trying to give reasons why this would be unfair, he said ‘ a tax on the sale of assets is against the NZ psyche’. (!)

    • Colonial Viper 10.1

      Well it’s again a certain minority interest group’s psyche anyways.

    • queenstfarmer 10.2

      Provided that farms are going to be taxed then it’s hardly scaremongering. But the farmers need to calm down and not spout nonsense (“against the NZ psyche”).

      For a start, I’d suggest it’s in everyone’s interest that the days of do-nothing capital gains for even marginal farms are over (for a decent while, anyway).

      Secondly, any capital gain will be (I expect) offsettable against the massive capital expenditure that farms typically require (or at least, require to warrant a genuine capital gain).

    • dave brown 10.3

      NZ pychopathology more like. I think its this underworld of entrenched settler entitlement that making Labour bring in a Clayton’s CGT at 15%. If the CGT was a the marginal tax rate there might be a bit more booty, but a hell of a lot more fury among the petty bourgeoisie. If capital gains is to be treated as income it should be added to total household income and taxed at marginal rates?

      • Colonial Viper 10.3.1

        The issue is inflation eroding away over time the value of the capital gains from any held asset.

        If you buy $10K of property today and sell it next month for $14K that’s a $4K capital gain right?

        If you buy $10K of property and sell it in 10 years time for $14K you make nothing – adjusted for inflation. To take another bite out of that at the marginal tax rate means you lose value, in terms of inflation adjusted dollars.

        • Ian Boag 10.3.1.1

          Agreed – the inflation thing has to be considered. There’s the other factor that if the purchase of the asset involved debt (as they usually do) the % gain of your asset will be greater than the inflation rate. Gearing and all that.

          Treating half the gain (rather than all of it) as income is a simple and reasonably fair way of dealing with this. Possibly that’s part of why the Australians, Canadians and Americans do it this way.

          While we’re at it, one might note that no country collects tax on unrealised gains and everyone exempts the family home. Can’t see an NZ CGT (if it happens) being different.

          According to the Tax Working Group the Oz CGT collects about $20b/year. Given that we are about 20% of their size then it seems reasonable to think the figure in NZ for a similar tax would be about $4b give or take a bit.

      • Chris 10.3.2

        There has been a bit of a study on this and it was found that making capital gains at marginal tax rates actually reduces the revenue for the government:

        http://www.adamsmith.org/publications/economy/the-effect-of-capital-gains-tax-rises-on-revenues/

        Admittedly this is looking at the effect of tax increases and decreases as opposed to the introduction of the tax but still applies.

      • Colonial Viper 10.3.3

        yeah anytime I read right wing analyses it says that lowering tax rates to zero magically causes tax revenues to shoot up

        Look at how well it works in the USA

        • Chris 10.3.3.1

          What are you talking about?

          I don’t think it should be at zero I agree with a capital gains tax. I was just trying to say it shouldn’t be at the marginal tax rates. Instead of just posting that randomly without any backing, like you the way you have dismissed it, I decided to find some research which backed it up.

          In case you were wondering nowhere in the that study does it advocate removing a capital gains tax as a way to increase revenues.

  11. Frank Macskasy 11

    As I pointed out to Redlogix, in the thread “The housing market implications of capital gains tax”, I’ve owned rental properties as well (still do).

    I could never understand why, when I sold two of them, I could ‘earn’ a tax-free capital gain. The first time my accountant told me this, I thought he was incompetant and actually sought other advice. That advice confirmed my accountant.

    On top of that, I could claim for “depreciation” – even while my property values were going up. (Point of interest: I considered the tax policy of claiming for depreciation on a house that was APPRECIATING in value, to be obscene. I never claimed for it.)

    As an investor, I’ll put my money into property and rent out to a low-income family. I don’t expect to be given a “free ride” in the taxation system and not pay my fair share, should I sell a house and make a gain.

    That is why Labour’s plan for a CGT is timely – actually, way past timely! – and fair. No one else gets tax exemptions for mondey they make – why should property investors? Otherwise, quite simply, we are bludging off hard working kiwis who earn wages and businesspeople who take risks in their ventures.

    So, kudos to Phil Goff.

    And shame on John Key for attempting to perpetuate a social injustice and economic nonsense.

  12. Endymion 12

    “On how a CGT allows all income to be treated as income…

    If you earn a buck from selling shares at a profit, or buying anything else really and selling it at a profit, speculation I suppose you could call it, you’re taxed on that at your marginal tax rate.”

    If the IRD can establish that you earn your living ‘speculating’ on shares, FX, the horses or even pokey machines it already has the option of treating it as ‘earned income’ for taxation. That probably isn’t as well enforced as it could and should be, but all a CGT does is widen the net to bring in so-called ‘mum-and-dad shareholders’.

    Moreover a capital gains tax is, like GST, a tax on inflation.

    • Draco T Bastard 12.1

      If the IRD can establish that you earn your living ‘speculating’ on shares, FX, the horses or even pokey machines it already has the option of treating it as ‘earned income’ for taxation.

      It’s probably not enforced well because the legislation is so fuzzy it makes it easy to dodge. A CGT fixes that.

      Moreover a capital gains tax is, like GST, a tax on inflation.

      Apparently it’s set at 15% and not the full tax rate so as to account for inflation.

  13. SHG 13

    A CGT didn’t kill the Australian property investment market because of the way the investment revenue is offset against the mortgage under the Aussie tax system.

    For example:

    I borrow money to buy a property.

    The repayments cost me $y/month.

    I put some tenants into the property and they pay me $z/month

    If z is less than y – if I’m making less in rent than I’m paying in interest – then the property is negatively-geared and y becomes tax deductible, as does every single expense to do with the property, since on paper I’m losing money by owning the house.

    • Lanthanide 13.1

      Works the same here, except you can only claim mortgage interest, not mortgage principle.

      If you were using a LAQC then you could claim the entire mortgage expense.

      • SHG 13.1.1

        And then you can sell the house, pay off the mortgage, and pocket everything remaining as pure profit, untaxed?

  14. Thinking more about the way this debate is working it is a very neat skewering of John Key himself.  If he objects and complains all that he will be doing is adopting a position where he can be accused of acting out of self interest.  As I/S points out he is essentially favouring those with capital over those who work for a living.
     

    • Jim Nald 14.1

      “skewering” – hehe

      Might we see John Armstrong’s headline for his upcoming piece to read:

      “Labour’s CGT: John Keybab Getting The Heat From His Doners”

    • Lanthanide 14.2

      Wonder if they would fly in a debate in parliament.

      “The prime minister, and other ministers of the cabinet, between them own xx properties. It’s easy to see why they don’t want a CGT introduced into this country”.

  15. tsmithfield 15

    We already have a capital gains tax in NZ. Its called GST. If the price at sale is higher, the GST is higher.

    • Colonial Viper 15.1

      ?

      GST doesn’t apply to shares or established rental properties

    • rd 15.2

      And if the property is sold with the tenants as a going concern the GST is 0 rated.

    • lprent 15.3

      Huh. Perhaps you should look at this as a very short summary.

      It is a sales tax that is applied at the universal rate of 15% on almost everything you buy – notable exceptions are:

      house sales
      house rentals
      privately sold second-hand goods
      financial services such as mortgages, loans and investments
      the sale of a business that is capable of being a going concern.

  16. mikesh 16

    CGT is still problematic. A better approach would be to disallow, for tax purposes, all expenses related to property, on the grounds that they are capital related rather than income related.

  17. Craig Glen Eden 17

    Yup the Nats are worried theirs no doubt about that, this tax is polarizing. This policy (CGT) on top of others Labour has released makes a clear difference between National and Labour. National have no more dead rats to swallow last time they pretended they were light blue and you can trust the nice MR Key he will deliver a brighter future. Facts are he hasn’t, wage gap with Aussie isnt closing,Government debt is up not down, increased people unemployed the whole aspirational brighter future is looking a lot like some bad investment rip off. Labour just has to weight for the Hanover effect and it will be very interesting to see which way the investors chose to spend their vote.

  18. tsmithfield 18

    So that seems to be more a problem with GST law than an argument for a CGT.

  19. tsmithfield 19

    Sorry. My comment above didn’t attach to the correct thread for some reason.

    I would be interested in comments on how a CGT copes with inflation. If an asset increases in value at the rate of inflation there hasn’t actually been a true gain, so should it be taxed?

    • Colonial Viper 19.1

      I’ve learnt that’s probably why the CGT is set significantly under the marginal income tax rate.

  20. tsmithfield 20

    Perhaps. But it still doesn’t completely deal with the inequity of the situation. Capital gains are quite different to trading gains, where the profit usually accrues in close proximity to the purchase. So inflation isn’t such an issue. But with a CGT an asset might be sold 20 years after the purchase. In that case the government is likely making a windfall gain on the basis of inflation.

    • Draco T Bastard 20.1

      You’re just not with it today are you? That’s why it’s set at 15% and not 30%. Personally I’d prefer proper indexing but it seems people are already too scared about it being “complex”.

    • Colonial Viper 20.2

      Yeah an outlier case like that is likely to end up with a higher effective tax rate, once inflation is factored in.

      While properties sold within a few years of acquisition (which form most of investment property transactions I figure) are likely to end up with a lower effective tax rate.

      Remember a family home sold after 20 years occupation and ownership is exempt from the CGT.

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    Grant Robertson is leaving Parliament for two new careers, having been frustrated and blocked from achieving some of his biggest political ambitions. So, he is returning to Dunedin, and, unusually for a former finance minister, with seemingly no ambitions to enter the business world. Instead, he will become Vice Chancellor ...
    PolitikBy Richard Harman
    10 hours ago
  • At a glance – Was Greenland really green in the past?
    On February 14, 2023 we announced our Rebuttal Update Project. This included an ask for feedback about the added "At a glance" section in the updated basic rebuttal versions. This weekly blog post series highlights this new section of one of the updated basic rebuttal versions and serves as a ...
    19 hours ago
  • Sharp-elbowed and loving it
    It doesn't seem to take a lot to persuade someone who feels they work their guts out that in fact no one is working as hard as me.It doesn't seem to take a lot to persuade someone who knows somebody taking the welfare system for a ride that they’re all ...
    More Than A FeildingBy David Slack
    23 hours ago
  • Sharp-elbowed and loving it
    It doesn't seem to take a lot to persuade someone who feels they work their guts out that in fact no one is working as hard as me.It doesn't seem to take a lot to persuade someone who knows somebody taking the welfare system for a ride that they’re all ...
    More than a fieldingBy David Slack
    23 hours ago
  • Then why did she do it?
    Earlier in the month, Cancer Minister Casey Costello was caught lying to the media about whether or not she had requested advice on cutting tobacco excise tax to benefit the cancer industry. She repeated her lies in Parliament. But today, she stood up and pretended to apologise for "causing confusion" ...
    No Right TurnBy Idiot/Savant
    23 hours ago
  • Is Applying “Tough Love” To A “Fragile” Nation The Right Answer?
    The Question Christopher Luxon Needs To Ask –  And Answer: How was it possible for a nation of barely three million citizens to create and maintain an infrastructure that functioned, schools and universities that turned out well-educated and enterprising citizens, a health system that kept its people healthy, and a workforce ...
    23 hours ago
  • The limits to realism.
    Realism is a school of thought in the field of international relations (IR). It provides a theoretical framework for analysing the behaviour of States in the world political system. Like other theories (which in the IR literature include idealism, liberalism, … Continue reading ...
    KiwipoliticoBy Pablo
    24 hours ago
  • UNSOCIAL MEDIA – Following the Trolls
    From TODAY FM archives — Wilhelmina Shrimpton and Simon Morrow take a deep dive into trolling and cyberbullying. From the high profile to the general public, Kiwis across all walks of life are being targeted, and some are paying the ultimate price. So what drives us to troll, who is ...
    The PaepaeBy Peter Aranyi
    24 hours ago
  • Govt prescribes stiff medicine for some beneficiaries while easing access to drugs containing pseudo...
    Buzz from the Beehive One of two new announcements on the government’s official website  – given plenty of publicity by the mainstream media over the past 24 hours – has been pitched as the first steps in a “reset” of the welfare system.  Stiff medicine for beneficiaries, in effect. The ...
    Point of OrderBy Bob Edlin
    1 day ago
  • We’re not as fragile or as lazy as Luxon says
    Luxon says his government is one that is “prepared to make those hard decisions”. File Photo: Lynn Grieveson / The KākāTL;DR: Prime Minister Christopher Luxon has adopted the language of Ruth Richardson before her 1991 ‘Mother of All Budgets’ in arguing for benefit sanctions to bolster the Government finances, which ...
    The KakaBy Bernard Hickey
    1 day ago
  • Talking over the Silence.
    Please open the doorNothing is different, we've been here beforePacing these hallsTrying to talk over the silenceIf I was to describe what I do, or at least the way it sometimes feels, then talking over the silence wouldn’t be a bad way to do so.Not that there aren’t other voices ...
    Nick’s KōreroBy Nick Rockel
    1 day ago
  • LINDSAY MITCHELL: National needs to go further
    Lindsay Mitchell writes – In today’s State of the Nation speech Christopher Luxon talked repeatedly about getting young people off welfare. It seems that National has devised a traffic light system which will use increasing levels of sanctions – welfare deductions – when beneficiaries fail to meet their ...
    Point of OrderBy poonzteam5443
    1 day ago
  • Gordon Campbell on National spreading panic about the economy
    It is a political strategy as old as time. Scare the public with tales of disaster and stampede them into supporting your ideological agenda because they believe There Is No Alternative. Yet, if the NZ economy truly is as “fragile” as PM Christopher Luxon says it is… Then how come ...
    1 day ago
  • The promise of passive house design
    This is a re-post from Yale Climate Connections by Sarah Wesseler Imagine a home so efficient that it could be heated with a hair dryer. That’s the promise of a passive house, a design standard that’s becoming increasingly popular in the architecture community for its benefits to occupants and the climate. ...
    1 day ago
  • Deep in the Uncanny Valley of AI
    Hi,Before we get started, some very big fun Webworm news. I am launching a new journalism fund called Big Worm Farm!A really great thing that’s happened with Webworm over the last four years is that it’s grown. That’s great for a few reasons.Firstly — it means the work here gets ...
    David FarrierBy David Farrier
    1 day ago
  • Introducing: Big Worm Farm
    Hi,I’m excited to tell you about Big Worm Farm.Put simply, the main aim of Big Worm Farm is to support investigative journalists from around the world to be able to devote dedicated time to research and report on a specific story, to be published on Webworm.The stories will capture the ...
    David FarrierBy David Farrier
    1 day ago
  • Why Massey is broke
    The Tertiary Education Commission has named the two universities it says are at high risk financially. They are Massey and Victoria. The Commission appeared before Parliament’s Education Select Committee yesterday and offered a revealing and rare insight into the complex world of university economics. Its Briefing to the Incoming Minister ...
    PolitikBy Richard Harman
    1 day ago
  • You keep Luxin' when you oughta be thruthin'
    Christopher Luxon’s campaign to win last year's election continued yesterday with a speech.Channelling possibly Bruce Willis in Die Hard, he was all, I'm not going to dress it up, I'm going to level with you guys: the state of the nation is fragile.The thing he’s maybe missing is that it ...
    More Than A FeildingBy David Slack
    2 days ago
  • The PM spoke of the need for tough choices – and then opted to beat a retreat when gays and Gaza a...
    Buzz from the Beehive The PM’s State of the Nation speech – according to a Newshub headline – was a ‘buffet of buzzwords’ and full of ‘nonsense’. Fair to say, the quoted words were attributed to Opposition politicians, who were unlikely to say the speech was visionary and inspiring: PM ...
    Point of OrderBy Bob Edlin
    2 days ago
  • Keynesian Wisdom.
    When the facts change, I change my mind - what do you do, sir?John Maynard Keynes (1883-1946)This posting is exclusive to Bowalley Road. ...
    2 days ago
  • BRIAN EASTON: Puffing policy
    Public policy towards tobacco consumption remains politically sensitive. Brian Easton writes – In 1983, a young researcher was told by a medium-level Treasury official that Treasury policy was to abandon excise duties on tobacco. The senior Treasury economist that I consulted, famed for his commonsense, snorted ‘we ...
    Point of OrderBy poonzteam5443
    2 days ago
  • Is 2.8% per year population growth too much?
    TL;DR: The Government is reviewing migration settings that produced 2.8% population growth last year and is looking at a longer-term strategy of matching population growth to the ‘absorbtive capacity’ of Aotearoa-NZ’s infrastructure.Our population grew last year at its fastest rate since 1947, when large numbers of troops returning from World ...
    The KakaBy Bernard Hickey
    2 days ago
  • Tough Choices & Tough Love.
    I've been trying to hurt youI've been holding you tightI've been learning to love youAm I doing it right?How are you still breathingWith my hands all over your heart?How do we start healingIf we can't keep out the dark?Yesterday the Prime Minister delivered his State of the Nation, for no ...
    Nick’s KōreroBy Nick Rockel
    2 days ago
  • Will the 2024 RLTP be yet another debacle?
    A couple of years ago, Auckland Council and Auckland Transport found themselves in court over the 2021 Regional Land Transport Plan (RLTP). A non-profit alliance for transport decarbonisation, All Aboard Aotearoa, argued that among other factors, the RLTP was unlawful because it failed to give effect to the 2021 Government ...
    2 days ago
  • 2024 SkS Weekly Climate Change & Global Warming News Roundup #07
    A listing of 31 news and opinion articles we found interesting and shared on social media during the past week: Sun, Feb 11, 2024 thru Sat, Feb 17, 2024. Story of the week Based on mission alignment, our Story of the Week is certainly Can we be inoculated against climate ...
    3 days ago
  • Immigration Issues.
    Help is comingI heard a whisperWhite caps turningThe breath of summerA distant drummingAnd liar birds callingEscape the anguish of our pastAnd prayOne of the major challenges of the the 21st century will be the mass migration of human beings around our globe.Some seeking economic opportunities, others fleeing repressive regimes, war ...
    Nick’s KōreroBy Nick Rockel
    3 days ago
  • Trust us, we know what we’re doing
    The best trick the National Party ever pulled was to fabricate their reputation as the responsible ones.This would be the National Party that denied us the New Zealand Superannuation Scheme that—Brian Gaynor wrote back in 2007would be worth more than $240 billion today and would have transformed the New Zealand ...
    More Than A FeildingBy David Slack
    3 days ago
  • The Left’s Timidity
    It is not just Karl Marx – even the most enthusiastic supporters of the market economy (not least Adam Smith) will concede that its normal operation inevitably leads to a concentration of wealth in relatively few hands. Some, at least, of these enthusiasts will accept that such a concentration is ...
    Bryan GouldBy Bryan Gould
    4 days ago
  • OLIVER HARTWICH: Absurd – NZ courts can now decide on climate change
    Oliver Hartwich writes – The World Justice Project ranks New Zealand 7th out of 142 countries on its ‘Rule of Law Index’, narrowly ahead of Australia’s 13th place. However, Australia still has hope – if only because of a recent decision by the Supreme Court of New Zealand. The ...
    Point of OrderBy poonzteam5443
    4 days ago
  • Still waiting on that turnaround
    Hello! Here comes the Saturday edition of More Than A Feilding, catching you up on the past week’s editions.Friday: Week in review, quiz style2. Shane Jones’ demeanour in mocking and deriding climate activists can be observed in what other realm of human behaviour?a. Gleeful little boys pulling wings off fliesb. ...
    More Than A FeildingBy David Slack
    4 days ago
  • Mihi Forbes and the great Atlas conspiracy
    Graham Adams writes — Last week, Mihingarangi Forbes made an extraordinary claim while interviewing David Seymour on Mata Reports, a taxpayer-funded current affairs programme which, she says, looks at events through an “indigenous lens”. She asked him about Act’s links to the Atlas Network, which fosters connections between centre-right ...
    Point of OrderBy gadams1000
    5 days ago
  • Puffing Policy
    Public policy towards tobacco consumption remains politically sensitive. In 1983, a young researcher was told by a medium-level Treasury official that Treasury policy was to abandon excise duties on tobacco. The senior Treasury economist that I consulted, famed for his commonsense, snorted ‘we need the money’. He explained that no-excise-duty ...
    PunditBy Brian Easton
    5 days ago
  • Luxon is one of three prime ministers pressing for a ceasefire in Gaza – but the two-state solutio...
    Buzz from the Beehive Two days after hundreds of people rallied outside the New Zealand parliament and the US embassy in Wellington to protest against what they maintain is genocide in Gaza,  Prime Minister Chris Luxon joined with the Prime Ministers of Australia and Canada to express their  concerns that ...
    Point of OrderBy Bob Edlin
    5 days ago
  • All jellied up with possum grease
    1. Shane Jones, addressing the energy industry, called climate concern what?a. The only sane responseb. Undeniably valid c. Our last best hope d. A "religion" 2. Shane Jones’ demeanour in mocking and deriding climate activists can be observed in what other realm of human behaviour?a. Gleeful little boys pulling wings off fliesb. Gleeful ...
    More Than A FeildingBy David Slack
    5 days ago
  • Equality comes to Greece
    The Greek Parliament has voted for marriage equality: Greece has become the first Christian Orthodox-majority country to legalise same-sex marriage. Same-sex couples will now also be legally allowed to adopt children after Thursday's 176-76 vote in parliament. Prime Minister Kyriakos Mitsotakis said the new law would "boldly abolish a ...
    No Right TurnBy Idiot/Savant
    5 days ago
  • CHRIS TROTTER:  Iron in her soul.
      “Battle not with monsters, lest ye become a monster, and if you gaze into the abyss, the abyss gazes also into you.” – Friedrich Nietzsche   Chris Trotter writes – TELEVISION NEW ZEALAND is to be congratulated for inviting Chloe Swarbrick onto its Q+A current affairs show. The Green MP ...
    Point of OrderBy poonzteam5443
    5 days ago
  • The Hoon around the week to Feb 16
    Net emigration of New Zealanders overseas hit a record-high 47,000 in the 2023 year, which only partly offset net immigration of 173,000, which was dominated by arrivals from India, the Philippines and China with temporary work visas. Photo: Lynn Grieveson / The KākāTL;DR: The five things that mattered in Aotearoa’s ...
    The KakaBy Bernard Hickey
    5 days ago
  • Stop Whispering.
    There's nothing to sayAnd there's nothing to doStop whispering, start shoutingStop whispering, start shoutingYesterday our government surprised a few of us by standing up for something. It wasn’t for the benefit of people who own holiday homes and multiple investment properties. Neither were there any tobacco companies or fishing cartels ...
    Nick’s KōreroBy Nick Rockel
    5 days ago
  • “I'm Not Keen on Whataboutism, But What About…”
    Hi,Not sure how your week is going, but I’ve had a pretty frustrating one. I’ve been trying to put my finger on it, and I think it’s perhaps distilled in this message I got on Twitter:What got me a bit riled up is that it was a response to the ...
    David FarrierBy David Farrier
    5 days ago
  • Gordon Campbell on National passing bad policies under urgency
    If National really had faith in its welfare policies, it wouldn’t be ramming them through Parliament under urgency – a step that means the policies can’t be exposed to select committee debate, public submissions, expert commentary, media scrutiny and all the normal democratic processes that this coalition appears to hold ...
    5 days ago
  • Weekly Roundup 16-February-2024
    It’s Friday so once again here”s our roundup of some of the articles that caught our attention this week. This Week in Greater Auckland On Monday Matt looked at the Government’s war on Auckland. On Tuesday Matt covered the ongoing issues with the rail network. On Thursday Matt ...
    Greater AucklandBy Greater Auckland
    5 days ago
  • The Dawn Chorus for Friday, February 16
    The six things to note in my view at 6.30 am on Friday, February 16 in Aotearoa-NZ’s political economy are: Read more ...
    The KakaBy Bernard Hickey
    5 days ago
  • Iron In Her Soul.
    “Battle not with monsters, lest ye become a monster, and if you gaze into the abyss, the abyss gazes also into you.” – Friedrich NietzscheTELEVISION NEW ZEALAND is to be congratulated for inviting Chloe Swarbrick onto its Q+A current affairs show. The Green MP for Auckland Central is the odds-on ...
    5 days ago
  • Dig this
    Resources Minister Shane Jones yesterday told a breakfast hosted by Energy Resources Aotearoa precisely what they wanted to hear. “We campaigned to rehabilitate relegitimise and stand up for working families who derive their income,  derive their hope and derive purpose in regional New Zealand through a flourishing, growing, forward-leaning energy ...
    PolitikBy Richard Harman
    5 days ago
  • Skeptical Science New Research for Week #7 2024
    Open access notables Physics-based early warning signal shows that AMOC is on tipping course, van Westen et al., Science Advances: Here, we show results of the first tipping event in the Community Earth System Model, including the large climate impacts of the collapse. Using these results, we develop a physics-based and ...
    6 days ago
  • A rejection of the rule of law
    No Right TurnBy Idiot/Savant
    6 days ago
  • Shrugging-Off The Atlas Network.
    Upholding The Status-Quo: The Left’s election defeat is not the work of the Atlas Network. It is not even the work of David Seymour and Act. It is the work of ordinary citizens who liked the Right’s stories better than they liked the Left’s. If the Right’s stories were made ...
    6 days ago
  • BARRIE SAUNDERS: Treaty Principles – all rather problematic
    Barrie Saunders writes – When ACT’s leader said they wanted legislation to state what the Treaty principles mean, my first thought was this will be controversial and divisive.  Clearly it is. The first reference to the principles of the Treaty were contained in the 1975 Act establishing the Treaty of ...
    Point of OrderBy poonzteam5443
    6 days ago
  • Luxon Rejects The “Rejection Election” At His Peril.
    Fitting Right In: National retailed a reactionary manifesto of right-wing, racially-charged policies to the electorate throughout 2023. No talk back then of ignoring the overwhelming political preferences of the voting public and making a strong stand on principle. If Luxon’s pollsters and focus-groups were telling him that the public was ...
    6 days ago
  • Valentine’s Day went unnoticed on the Beehive website – but it is not “baa, humbug” to celeb...
    Buzz from the Beehive None of our ministers – a quick check with the Beehive website suggests – found cause to mention, let along celebrate, Valentine’s Day. But two ministers – Agriculture Minister Todd McClay and Rural Communities Minister Mark Patterson – ensured that National Lamb Day did not pass ...
    Point of OrderBy Bob Edlin
    6 days ago
  • Are You A Leftist?
    Nothing To Lose But Our Chains: The emancipatory movement which the Left, understood correctly, has always been, cannot accommodate those who are only able to celebrate one group’s freedom by taking it from another. The expectation, always, among leftists, is that liberty enlarges us. That striking-off a person’s shackles not ...
    6 days ago
  • An unlawful directive
    An interesting question in the Parliamentary written questions feed today, from Jan Tinetti to the Minister of Education: Has she or her Office directed the Ministry of Education to not release Official Information Act material prior to the full twenty working days, if so, why? Given that ...
    No Right TurnBy Idiot/Savant
    6 days ago
  • I’ve been doing this all wrong
    Here are six words that are not easy to say but god it can feel good when you finally say them:I’ve been doing this all wrongFive years ago today I said to myself:What if I'm doing this all wrong?Five years ago today I said to Karren: I think I’m going to ...
    More Than A FeildingBy David Slack
    6 days ago
  • New study suggests the Atlantic overturning circulation AMOC “is on tipping course”
    This is a re-post from RealClimate by Stefan Rahmstorf A new paper was published in Science Advances today. Its title says what it is about: “Physics-based early warning signal shows that AMOC is on tipping course.” The study follows one by Danish colleagues which made headlines last July, likewise looking for early warning signals ...
    6 days ago
  • Drawn
    A ballot for five Member's Bills was held today, and the following bills were drawn: Parole (Mandatory Completion of Rehabilitative Programmes) Amendment Bill (Todd Stephenson) Goods and Services Tax (Removing GST From Food) Amendment Bill (Rawiri Waititi) Income Tax (ACC Payments) Amendment Bill (Hamish Campbell) ...
    No Right TurnBy Idiot/Savant
    6 days ago
  • Valentines from ACT.
    Some of us make a big deal out of Valentine’s Day. We’ll buy the flowers, eye watering though the price spike might be. Say the things we should be saying anyway, although diminished by being scheduled for delivery. Some of us will even write long free-form newsletters with declarations of ...
    Nick’s KōreroBy Nick Rockel
    6 days ago
  • Tax cuts paid for by 13k more kids in poverty
    MSD advised the government that the indexation change it passed under urgency last night is likely to put around 7,000 extra children (and potentially up to 13,000) into poverty. Photo: Lynn Grieveson / The KākāTL;DR: The Government has reverted indexation for main beneficiaries to price inflation from wage inflation under ...
    The KakaBy Bernard Hickey
    6 days ago
  • Fuel Tax Fight and Rail Fail update
    The two stories we covered at the start of the week continue to be in the headlines so it’s worth looking at the latest for each of them. Regional Fuel Tax Mayor Wayne Brown promised some ‘argy-bargy’ over the government’s decision to cancel the Regional Fuel Tax and he’s ...
    6 days ago
  • Climate Change: Arsonists
    Today, a major fire broke out on the Port Hills in Ōtutahi. Like its 2017 predecessors, it is almost certainly exacerbated by climate change. And it is still burning. The present government did not start the fire. But they piled the tinder high last time they were in power, gutting ...
    No Right TurnBy Idiot/Savant
    7 days ago
  • I don’t know!
    http://en.kremlin.ru/events/president/news/73411 7 examples And who actually makes the decisions? Vladimir Putin: I don’t know. America is a complex country, conservative on the one hand, rapidly changing on the other. It’s not easy for us to sort it all out.   Tucker Carlson: Do you think Zelensky has the freedom to negotiate the settlement to this conflict? Vladimir Putin: I don’t know the details, of course it’s difficult for me to judge, but ...
    7 days ago
  • Fresh thinkers
    Fresh thinking will always give you hope.It might be the kind that makes you smite your brow, exclaiming: Why didn't we think of that! It's obvious!It might be the kind that makes you go: Dude you’re a genius.Sometimes it will simply be Wayne Brown handing Simeon Brown his weasel ass ...
    More than a fieldingBy David Slack
    7 days ago
  • It is not about age, it is about team.
    Much attention has been directed at Joe Biden’s mental lapses and physical frailty. Less attention has been spent on Donald Trump’s cognitive difficulties and physical limitations, with most focus being devoted to his insults and exaggerated claims (as if they … Continue reading ...
    KiwipoliticoBy Pablo
    7 days ago
  • ROBERT MacCULLOCH: Fletcher Building – it is time to break up NZ’s most useless company.
    Robert MacCulloch writes –  Gosh, the CEO of Fletcher Building, Ross Taylor, says today’s announcement of a half-year loss of $120 million for the company is “disappointing” and was “heavily impacted” by the Convention Centre losses. He must be crying all the way to the bank (to quote Las ...
    Point of OrderBy poonzteam5443
    1 week ago
  • Mortgage rates seen high for even longer
    Government and borrower hopes for early mortgage cost relief look likely to be thwarted. Photo: Lynn Grieveson / The KākāTL;DR: Stronger-than-expected US inflation data out overnight is expected to delay the first US Federal Reserve rate cut into the second half of 2024, which in turn would hold mortgage rates ...
    The KakaBy Bernard Hickey
    1 week ago
  • Member’s Day
    Today is a Member's Day, the first of the new Parliament. And to start the Parliament off, there's a bunch of first readings. A bunch of other bills have been postponed, so first up is Duncan Webb's District Court (Protecting Judgment Debtors on Main Benefit) Amendment Bill, followed by Katie ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Three Waters go down the legislative gurgler – but what should we make of Local Water Done Well?
    Buzz from the Beehive Local Government Minister Simeon Brown – it seems fair to suppose – was flushed with success after the repeal of Labour’s divisive and unpopular Three Waters legislation. As he explained, repealing this legislation is a necessary first step in implementing his government’s Local Water Done Well ...
    Point of OrderBy Bob Edlin
    1 week ago
  • Gordon Campbell on five of Luxon’s Gaza absurdities
    Earlier this week, PM Christopher Luxon met with 48 public service CEOs to make sure they were on board with his plans to cut spending on public services so that National can proceed to give the revenue away to those New Zealanders least in need. This wasn’t the only absurdity ...
    1 week ago

  • PM shocked and saddened at death of Efeso Collins
    “I am truly shocked and saddened at the news of Efeso Collins’ sudden death,” Prime Minister Christopher Luxon says. “Efeso was a good man, always friendly and kind, and a true champion and advocate for his Samoan and South Auckland communities. “Our thoughts and deepest sympathies go to his family, ...
    BeehiveBy beehive.govt.nz
    2 hours ago
  • Greater support for social workers
    The Coalition Government is enhancing the professionalism of the social work sector and supporting the vulnerable people who rely on them, Social Development and Employment Minister Louise Upston says.  The Social Workers Registration Legislation Amendment Bill passed its third reading in Parliament today. It amends the Social Workers Registration Legislation ...
    BeehiveBy beehive.govt.nz
    21 hours ago
  • Government delivers greater freedom and choice for sick New Zealanders
    The coalition government is delivering on its commitment to making principled decisions by getting rid of red tape that doesn’t make sense and allowing sick New Zealanders greater freedom and choice to purchase effective cold and flu medicines. A bill amending the Misuse of Drugs Act 1975 is being introduced, and changes to the Medicines ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Government begins reset of welfare system
    The Coalition Government is taking early action to curb the surge in welfare dependency that occurred under the previous government by setting out its expectations around employment and the use of benefit sanctions, Social Development and Employment Minister Louise Upston says. In 2017, 60,588 sanctions were applied to beneficiaries who ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • State of the Nation
    Ka nui te mihi kia koutou. Kia ora, good morning, talofa, malo e lelei, bula vinaka, da jia hao, namaste, sat sri akal, assalamu alaikum. Thank you for coming to my first State of the Nation as Prime Minister. Thank you for coming to a speech where I don’t just ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • West Coast tourism attractions officially open
    Regional Development Minister Shane Jones will attend the official opening of two highly anticipated tourism projects on the West Coast today – Pike29 Memorial Track, dedicated to the memory of the Pike River miners, and Pounamu Pathway. “The Pike29 Memorial Track is a way to remember and honour the men ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Independent ferry service advisory group in place
    Appointments to the Ministerial Advisory Group tasked with providing independent advice and assurance on the future of KiwiRail’s inter-island ferry service have been made, State Owned Enterprises Minister Paul Goldsmith says. “It’s important for New Zealand that KiwiRail is focused on ensuring safe, resilient, and reliable ferry services over the ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Joint statement from the Prime Ministers of Australia, Canada, and New Zealand
    The Prime Ministers of Australia, Canada and New Zealand today issued the following statement on reports of Israel’s planned military operation in Rafah. We are gravely concerned by indications that Israel is planning a ground offensive into Rafah.   A military operation into Rafah would be catastrophic. About 1.5 million Palestinians ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Govt will deliver on expanded breast screening
    The coalition Government has made the first steps in delivering on its promise to  extend free breast screening to women aged 70-74, Health Minister Shane Reti says. “As part of the 100 day plan, the Government has now met with officials and discussed what is needed in order for the ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Government announces woolshed roadshows in support of sheep farmers
    The Government celebrates National Lamb Day (15 February 24) and congratulates sheep farmers on the high-quality products they continue to produce. Agriculture Minister McClay hosted bipartisan celebrations of National Lamb Day with industry representatives at Parliament this week to mark the anniversary of the first frozen lamb exports that left ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Speech: Address to the NZ Economics Forum
    It’s great to be back at the New Zealand Economics Forum. I would like to acknowledge everyone here today for your expertise and contribution, especially the Pro Vice-Chancellor, Head of the Waikato Management School, economists, students and experts alike. A year has passed since I was last before you, and ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Government tackling high construction costs
    The Government is focused on reducing sky-high construction costs to make it more affordable to build a home, Building and Construction Minister Chris Penk says.  Stats NZ data shows the cost of building a house has increased by 41 per cent since 2019, making housing even more unaffordable for Kiwi ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Labour’s Three Waters legislation repealed
    The Coalition Government’s legislative plan to address longstanding issues with local water infrastructure and service delivery took an important step today, with the repeal of Labour’s divisive and unpopular Three Waters legislation, Local Government Minister Simeon Brown says. “Repealing this legislation is a necessary first step in implementing our Local ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Cost of living support for beneficiary households
    The Coalition Government is delivering on its commitment to ease the cost-of-living by increasing main benefit rates in line with inflation and ensuring the Minimum Family Tax Credit threshold remains aligned with this change, Social Development and Employment Minister Louise Upston says. The Social Security (Benefits Adjustment) and Income Tax ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government announces agriculture delegations to better support Primary sector
    The coalition Government has announced ministerial delegations to support key areas across the Primary sector to deliver for New Zealand’s food and fibre sector, Agriculture Minister Todd McClay announced today. “I will be supported in my roles as Minister of Agriculture, Trade, Forestry and Hunting and Fishing, by three Associate ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Waikato MoU reinforces Govt’s commitment to increase NZ doctors
    The Government has taken an important step forward in addressing a critical shortage of New Zealand-trained doctors, with today’s signing of a Memorandum of Understanding for a third medical school, Minister of Health Dr Shane Reti has announced.  “Today’s signing by the Ministry of Health and the University of Waikato ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Speech – Lunar New Year 2024
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