BluffGeld

Written By: - Date published: 3:41 pm, January 14th, 2021 - 46 comments
Categories: Economy, Politics - Tags: , , ,

No Right Turn has an apt way of putting things some times. The way that the smelter operates is the exact equivalent of some thuggish barbarians with big swords extracting tribute for not burning, raping and pillaging. In other words Danegeld or any other form of protection racket. I’ll repeat his succinct post here and then follow up with a few of my comments.

Paying the BluffGeld

So, Rio Tinto has supposedly reached a deal with Meridian and Contact to give them cheaper electricity prices and keep the Tiwai Point smelter open. Down south, they’re celebrating. But the rest of us shouldn’t be. I’ve argued before that the best thing this foreign polluter can do is close. It uses 12% of our total electricity generation, effectively making it responsible for that entire sector’s carbon emissions, while receiving huge carbon subsidies (latest figures: 1.7 million tons in 2019, worth $65 million at today’s prices if they’re getting an equivalent amount this year, a huge whack of their annual “profit”, and enough for us to pay every worker there $65,000 a year for the rest of their lives to find something else to do). Added to that, their constant threats of closure to extort ever-more-favourable terms from governments who want it to close, but not on their watch, plays havoc with our electricity market, deterring renewables investment as no-one can be sure whether there will be a glut in three or four years time. The smelter seems to exist solely as a machine for extorting subsidies from the New Zealand government – subsidies paid by you and me, in the form of higher taxes and electricity prices. And our chickenshit politicians keep falling for it, and paying the BluffGeld, to avoid the horrific situation of us not having to pay them anymore.

Rio Tinto says this deal “mak[es] the smelter economically viable and competitive over the next four years.” Naturally it expires in 2024, just after the next election, so next election time we can expect them to be claiming that the smelter is economically unviable and uncompetititve and asking for another subsidy. And I expect our chickenshit politicians to roll over and pay them off again, dooming us to higher emissions and more expensive electricity. Because once you pay the DaneGeld, you never get rid of the Dane.

No Right Turn: “Paying the BluffGeld

The point about the level of risk is especially valid. Markets are horrible at dealing with longer term uncertainty. This on again, off again extortion damages the current electricity markets. As NRT says “…their constant threats of closure to extort ever-more-favourable terms from governments who want it to close, but not on their watch, plays havoc with our electricity market…”.

It isn’t hard to find statements by renewable companies and analysis on the electricity market (which looks about as free and fair as any other semi-monopolistic cartel) to support the havoc argument. I don’t have the time to do it right now. But I’m sure that some will come up in comments.

The generating capacity at Manapouri isn’t going away. At some point this extortion and blackmail by the Tiwai Point operators will have an unhappy ending – the Electricity Authority needs to perform its basic mission, providing an efficient market.

They need to continue to fund Transpower to fund a line direct from Manapouri towards the alternate use sites around Christchurch. In other words the “Net Zero Grid Pathways: Accessing Lower South Island Renewables“. The first part of that is underway…

Clutha Upper-Waitaki Lines Project

In the immediate-term, Transpower has committed to deliver the Clutha Upper Waitaki Lines Project (CUWLP) by May 2022. The project is set to deliver benefits in the order of $100m per year by enabling low-cost renewable electricity generated in the lower South Island to be transported north.  For more information visit the CUWLP project page here

Transpower: “Net Zero Grid Pathways

But I’m sure that the usual short-sighted responses from National’s shareholder community will want to divert the costs of that and the follow up projects to get rid of the structural into immediate rewards like short term lower prices and larger dividends to shareholders (including the government itself). After all National prefers tax cuts over long term planning – you only have to look at the disaster of their immigration without building housing ‘policy’ of their last terms in office to see that.

But I also suspect that there needs to me more of a user pays incentive for Meridian and Contact as well. To speed the grid reconstruction in the lower South Island up, the infrastructure levies on them should increased. After all, the reason for putting the infrastructure into the lower South Island si to provide some choices when inevitable the government or Rio Tinto decides to give up on playing chicken. The shareholders of Meridian and Contact should carry the can for that.

In the meantime, I think that I need to send a consumer message to gutless short-sighted wonders at Meridian and terminate our power account. I’m interested in a long-term sustainable power supply to run this site and this country with. Clearly Meridian isn’t being sustainable over the long term. They are wasting their asset of generated power into an unsustainable industry and effectively charging me higher prices to support that.

For the country as a whole we need to increase our available power generation and distribution to target non-fossil fuel systems. Like electric vehicles. Having Meridian and Contact need to focus on the longer term infrastructural issues instead of the shorter term in the way that they appear to have been doing. Clearly the dumb arse market solution that National foisted on us in electricity isn’t achieving that.

46 comments on “BluffGeld ”

  1. Cricklewood 1

    You just know, that out there somewhere in the political abyss Winston is taking credit for this…

  2. Labour pushing this issue out till after the next election by abjectly caving-in to a wealthy multinational. Shoddy politics.

  3. Pure Rio Tinto MUSCLE. COVID- 19 will come back and bite RT where it hurts.

    We were never in a position to confront RT in the current pandemic and the climate change already happening.

    Meridian and Contact have been raped. We the tax payers subsidise this?

  4. Tricledrown 4

    Demand for Aluminium is well down with the airline industry in hibernation c19.

    To keep tiwae going until alternative uses for the power are ready makes a lot of sense.

  5. Jimmy 5

    As stated in the article, you can pretty much guarantee that in 2024 they will again decide it is uneconomical to continue and will use the same black mailing tactics.

  6. Steve Bradley 6

    Rio Tinto probably the number one resource extraction stand-over merchant worldwide.

    Our Labour government has four years to get our country into a position where we can tell them to get lost, and don't come back.

    • Phillip ure 6.1

      I don't get this..

      the smelter is there..

      for the gummint ..the energy used to power it is essentially free…

      wave bye-bye to Rio tinto..

      and hire industry experts to run it..

      for the end benefit of the new zealand people..

      • Andre 6.1.1

        That would only make sense if we had a vast surplus of electricity we were desperately trying to get some value from rather than wasting it.

        We're not in that situation.

        The power used by Tiwai Point is roughly the same as the amount generated at Huntly. Shut down Tiwai Point and use the freed up power to shut down Huntly, and our electricity supply goes very nearly emissions-free. That's a much bigger benefit to NZ than a few jobs and receiving a pittance in return for about 1/7 of our total electricity supply.

        • alwyn 6.1.1.1

          I assume you will take this up with the Prime Minister and our Minister of Finance.

          It seems to be a bit too hard for them to understand. Sigh.

          • Andre 6.1.1.1.1

            In a feeble possible defense of those in government and Meridian that have cravenly capitulated, the grid upgrade to get the Manapouri power to Benmore (southern end of the HVDC link) wasn't scheduled to be complete until 2023 IIRC. So had Tiwai shut down this year, there would have been significant wasted power in late 2021, 2022, and some of 2023.

          • Incognito 6.1.1.1.2

            It’s a tad presumptuous of you to pretend to know more and better than the PM and the Minister of Finance, that they are incompetent, and that they could be ‘enlightened’ by TS commenters such as yourself.

            Does it irk you that it’s only mid-January 2021 and Labour has already delivered on one of its Election Campaign Policies?

            In any case, the deal is a commercial deal between the smelter and Meridian. Maybe that’s a bit too hard for you to understand?

            https://www.rnz.co.nz/news/national/434490/tiwai-point-aluminium-smelter-to-keep-operating-until-end-of-2024

            • alwyn 6.1.1.1.2.1

              I presume you were replying to Andre.

              He is the one who was pointing out that in his view the new deal doesn't make any sense if we really want to reduce out carbon emissions.

              As far as being a commercial deal between the smelter and Meridian, of course it is.

              However when you, Meridian, are negotiating with a private company it makes it a little difficult when your majority shareholder, the New Zealand Government has already told the refinery that you are going to give them what they want. Before the election Meridian had given the smelter their lowest price offer. The refinery said it was too much and the Government stepped in and promised that the price would drop.

              A commercial deal? Where did you ever go to school?

              If you were referring to me I would have to tell you that there are many things about which my knowledge is a great deal better than our PM and our Minister of Finance. Not everything but certainly some things.

              • Incognito

                Well, now I’m not so sure if I was replying to you or to my parsnip.

                Just for you, yes you, Alwyn:

                http://www.sharechat.co.nz/article/ed74ab08/meridian-energy-limited-nzx-mel-rio-tinto-confirms-tiwai-exit-in-december-2024.html

                http://nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com/attachments/MEL/366175/338755.pdf

                If you were referring to me I would have to tell you that there are many things about which my knowledge is a great deal better than our PM and our Minister of Finance. Not everything but certainly some things.

                😀

                “many things”, “some things”, “[n]ot everything” 😀

                This is pure comedy gold!

                laugh

                • alwyn

                  From your first link we have

                  "Meridian Chief Executive, Neal Barclay says, “We have worked hard to provide solutions that we believe were of lasting value to the Smelter and acceptable to our shareholders."

                  Well I'm a shareholder and I wasn't consulted. I think that we should just tell the smelter to take a hike.

                  On the other hand, when you look at page 114 of the Companies Annual Report we see the list of the largest shareholders. Number 1 is

                  "Her Majesty The Queen In Right Of New Zealand Acting by and Through Her Minister of Finance And Minister for SOEs"

                  Share holding 1,307,586,374

                  Percentage of outstanding shares 51.018

                  The Ministers are of course Grant Robertson and David Clark. I'll bet they were pleased.

                  • Incognito

                    Well, thank you for making your point so succinctly.

                    Are you suggesting that shareholders ought to be at the negotiating table when drafting an agreement?

                    Unless it is confidential, you can let us know how the other shareholders voted when the proposal is ratified – I am assuming it will be ratified. Has a date been set yet?

                    For the record, I am not a shareholder of any of the companies involved nor do I live in Southland. However, as a voter I was consulted in the General Election. I’ll bet they were pleased with the stunning result.

            • KJT 6.1.1.1.2.2

              A "commercial deal" that continues the general practice of power companies since privatisation.

              Ripping off domestic users to subsidise their "competitive" discounts to big users of power.

              • alwyn

                You are really going to have to decide who you believe. Is it the incognito who says that it was a purely commercial decision made by the Power Company management, and that the Government had nothing to do with it. Alternatively was it the Government fulfilling one of their election promises and that it was the Government who made the deal and the company simply did what the Government ordered them to do?

                I think the deal was done because the Government Ministers ordered it to be done and that the Government is responsible. It is only my belief of course and I could, as I sometimes am, be wrong. The last time that happened was when I believed that Rob Muldoon only had the good of the country at heart in all his actions

                [When you engage in debate in good faith, you don’t apply false dichotomies, you don’t appeal to ‘believe”, and you don’t put words in mouths of others, as you did here; I did not say these things.

                I did say this:

                In any case, the deal is a commercial deal between the smelter and Meridian.

                This is absolutely correct! It is not even my opinion but taken directly from the link that I provided. In fact, I’ve stated that it was an Election Policy of Labour and I provided a link as well for that. If you cannot comprehend and reconcile these things as consistent and compatible with each other and feel the urge to change them into false dichotomies to suit your narrative I can come to only one conclusion …

                You’re entitled to your orifice plucks thinking they’ll pass the sniff test but you’re not welcome to mischievous comments and false allegations. You know where this will end you – Incognito]

                • Incognito

                  See my Moderation note @ 8:35 AM.

                • alwyn

                  I really thought that " Is it the incognito who says that it was a purely commercial decision made by the Power Company management" was an accurate paraphrase of " the deal is a commercial deal between the smelter and Meridian".

                  • Incognito

                    Paraphrasing doesn’t mean twisting the meaning of words and/or extending their meaning way beyond the original meaning and context based on assumptions and reckons to suit your narrative.

                    Expect to be moderated for it as well as well as for the other two faux pas.

                    Please lift your game, thanks.

              • Incognito

                There are no subsidies involved, it was a commercial deal.

                https://www.rnz.co.nz/news/national/434490/tiwai-point-aluminium-smelter-to-keep-operating-until-end-of-2024 [same link as above]

              • Incognito

                In an ideal case, closure of the smelter would lead to lower electricity prices for customers.

                https://www.newsroom.co.nz/tiwai-point-closure-benefits-and-fishhooks

                • Sacha

                  Huge wasted opportunity just reducing existing power bills (even if the privatised energy companies do not just intercept the savings for their shareholders rather than customers).

                  Also does nothing much for employment in that part of the country, which has long been the main negotiating hostage.

                  • Incognito

                    What was a viable alternative, in your opinion? Flick the switch off now or do it in an orderly well-planned manner in four years’ time?

                    • Sacha

                      Have said before that I'd like to see the freed-up electricity directed to decarbonising all our public transit – and small commercial vehicles like courier vans, farm utes, and small service vehicles used by local and central govt agencies. Transport is our biggest non-farming sector needing climate action.

                      Add a focused engineering cluster in Dunedin and maybe Christchurch to install, maintain and even build those types of drivetrains in Aotearoa. Farm vehicles might be a good export niche too.

                      Will take longer than 4 years but needs to start with a clear vision and political comms process.

                      Looks like hydrogen is stealing some of the limelight right now but it's not the most efficient use of the energy, nor the best sustainable job creation.

                    • Incognito []

                      Yes, that all makes good sense, but only realistic in the medium term, don’t you think?

                      I think that a transition period is well-placed in which the many invested parties can work together, despite any differences of opinion and (economic and/or socio-political) interests, to devise a good plan that serves people locally, regionally, and nationally.

                    • Incognito []

                      When Government signalled a halt to oil & gas exploration, they did this in similar way, to give people and itself enough time to adapt to the inevitable changes. In this way, they flattened the curve of political and socio-economic pain and gave people some certainty in the short-term and interim. While we’re in the midst of a global pandemic, the worst of which doesn’t seem to be over yet, I think it makes more sense to play it safe, at least from a political and economic perspective. Now might not be the time for grand experiments or grandiose promises that always fall way short of expectation.

                    • Sacha

                      I do not want to see a repeat of the wasted opportunities in the 2020 'shovel-ready' projects that swallowed so much money that could have been used for transformation without scaring the horses.

                    • Incognito []

                      I 100% agree with that, and I’d like to think that is true too for this Government; it was more or less what I tried to convey in my last sentence.

        • Phillip ure 6.1.1.2

          I see it as an asset that could benefit the country…

          we are told the smelter produces some of the highest quality aluminium on the planet…

          and the plan is to just let it all rust away??

          the infrastructure is all there…the power is all there..

          I find it difficult to believe this cannot be used/re-purposed..

          has that option even been looked at..?

          • Andre 6.1.1.2.1

            Your mention of the "highest quality aluminium" just shows your susceptibility to psychological manipulation by corporate spin-meisters. There is nothing special about the equipment or energy supplied to Tiwai Point that causes the high purity outcome. It's how they choose to operate the smelter, in particular the choice of consumable electrodes, that results in the high purity.

            As far as the actual equipment in place, its lack of value is clearly shown by the way none of the other players in the global industry is interested in buying it.

            As far as the electricity goes, you seem to be wilfully ignoring the key point. That is, New Zealand has much more valuable uses for the electricity consumed at Tiwai Point than smelting aluminium to be sold overseas at give-away prices.

            That you find something difficult to believe reflects your ignorance and lack of awareness of that ignorance much more than reflecting any kind of factual reality.

            • Phillip ure 6.1.1.2.1.1

              doesn't really matter how…but yes it makes high quality aluminium..

              to argue that closing tiwai means we are able to then close huntley .seems somewhat shortsighted/short-term..ill thought out..as the/a reason to abandon tiwai..

              that other aluminium manufacturers don't want tiwai could be for a raft of their reasons/dynamics .

              it is not automatic that it could not be made to work for us. .for that aluminium to be used also here in nz…

              and the aircraft industry is in a state of dissaray..

              this will not last…and I find it hard to believe the next generations of aircraft…likely to be as lite-weight as possible..will not need aluminium…and lots of it..

              so to make that judgement only on the current situation..also seems somewhat shortsighted..

              I'll let yr personal abuse lie where it fell..

              • alwyn

                " I find it hard to believe the next generations of aircraft…likely to be as lite-weight as possible..will not need aluminium"

                That is a very debatable statement Phillip. The fuselage of a 747, the long haul workhorse of the 80's and 90's was primarily aluminum, about 81% in fact. It had 1% composites. The next generation, the 777 reduced this to around 70% aluminum and 11% composites. This was the standard long haul plane of the first part of this century.

                The latest generation of long haul aircraft is the 787. That is only about 20% aluminum and 50% composites.

                These 3 types of aircraft first flew in 1969, 1994 and 2009 respectively.

                There may not really be as much demand to aluminum as we might think.

                https://aviation.stackexchange.com/questions/12958/what-materials-make-up-most-of-the-weight-of-an-aircraft

                • Phillip ure

                  thanks for clarifying that ..

                  but of course that is not the only use for aluminium..

                  it is strong..it is lite-weight..

                  it lasts forever…

                  how can this not be an asset to be realised ..?

                  • gsays

                    Building framing is something I keep thinking of for aluminium, studs, lintels, flashings and claddings.

                    None of the above means we shouldn't get rid of the parasite that is Rio Tinto.

                    Edit, well done on not rising to the regular, constant flow of the personal stuff.

                  • Stuart Munro

                    The Saudi smelters were producing aluminium car bodies, among other things – stronger per unit weight than steel, and resistant to some kinds of corrosion.

                    But the profitability of smelters, as with most metals, is a function of the production costs of the second most efficient operator. Depressed demand and shipping volumes will have flooded the market also – the only way Tiwai can be profitable is as a state pensioner, or by developing a downstream manufacturing capacity they have not pursued to date.

              • Incognito

                I'll let yr personal abuse lie where it fell..

                There was no “personal abuse”. Your comment @ 6.1.1.2 was bathing in ignorance and you don’t even realise it. Please inform yourself before you comment here and don’t give us that BS again about ‘common sense’.

      • Gabby 6.1.2

        And where would the bauxite come from?

      • mikesh 6.1.3

        I assume NZ does not have a built in supply of bauxite.

  7. Forget now 7

    The toxic waste was supposed to be gone by Christmas, but then it was never supposed to be there in the first place. Six years is a long time for Mataura to rest under that sword of Premixacles. Nearly the anniversary of the February floods that threatened to asphyxiate the town. Guess we're just hoping the fine weather will continue?

    So long as NZAS is a going concern, then there's someone to sue. If the smelter closes, then I imagine that; corporate mask for Rio Tinto, will be discarded alongside any remaining obligations; as fast as Taha-AP folded when the costs outweighed the benefits.

    https://i.stuff.co.nz/national/123676064/matauras-toxic-substance-to-be-shifted-overseas

  8. Ad 8

    In August 2020 the MacDiarmid Institute set out five good alternatives to Tiwai Point's current use. It would have been better for us all if the best of them had been given a year to develop further, with assistance from Southland development agencies, Ngai Tahu, and central government.

    https://www.newsroom.co.nz/five-possible-replacements-for-aluminium-at-tiwai

    But it didn't happen. And actually right now that's good.

    In our currently exceedingly perilous economic state it would be the wrong thing to change the operation that exists there. So the deal is a good move for New Zealand, which also happens to be the right commercial decision for them both.

    Instead the pressure should be on Transpower to accelerate development of the Clutha-Waitaki Lines Project which is now underway. Incidentally that also employs several hundred people during the Covid19 employment crisis, so Transpower are doing their bit there.

    There are also two consented wind farms with a total capacity of 400 MW in the Otago / Southland regions that would benefit from the transmission upgrade.

    James Shaw's climate Change Commission has just dodged the largest bullet they are likely to face in this government, and can now focus on smaller items.

Recent Comments

Recent Posts

  • NZ – European Union ties more critical than ever
    Your Excellency Ambassador Meredith,   Members of the Diplomatic Corps and Ambassadors from European Union Member States,   Ministerial colleagues, Members of Parliament, and other distinguished guests, Thank you everyone for joining us.   Ladies and gentlemen -    In diplomacy, we often speak of ‘close’ and ‘long-standing’ relations.   ...
    BeehiveBy beehive.govt.nz
    5 hours ago
  • Therapeutic Products Act to be repealed
    The Therapeutic Products Act (TPA) will be repealed this year so that a better regime can be put in place to provide New Zealanders safe and timely access to medicines, medical devices and health products, Associate Health Minister Casey Costello announced today. “The medicines and products we are talking about ...
    BeehiveBy beehive.govt.nz
    8 hours ago
  • Decisions on Wellington City Council’s District Plan
    The Minister Responsible for RMA Reform, Chris Bishop, today released his decision on twenty recommendations referred to him by the Wellington City Council relating to its Intensification Planning Instrument, after the Council rejected those recommendations of the Independent Hearings Panel and made alternative recommendations. “Wellington notified its District Plan on ...
    BeehiveBy beehive.govt.nz
    10 hours ago
  • Rape Awareness Week: Government committed to action on sexual violence
    Rape Awareness Week (6-10 May) is an important opportunity to acknowledge the continued effort required by government and communities to ensure that all New Zealanders can live free from violence, say Ministers Karen Chhour and Louise Upston.  “With 1 in 3 women and 1 in 8 men experiencing sexual violence ...
    BeehiveBy beehive.govt.nz
    11 hours ago
  • Smarter lunch programme feeds more, costs less
    Associate Education Minister David Seymour has today announced that the Government will be delivering a more efficient Healthy School Lunches Programme, saving taxpayers approximately $107 million a year compared to how Labour funded it, by embracing innovation and commercial expertise. “We are delivering on our commitment to treat taxpayers’ money ...
    BeehiveBy beehive.govt.nz
    12 hours ago
  • Report provides insights into marine recovery
    New research on the impacts of extreme weather on coastal marine habitats in Tairāwhiti and Hawke’s Bay will help fishery managers plan for and respond to any future events, Oceans and Fisheries Minister Shane Jones says. A report released today on research by Niwa on behalf of Fisheries New Zealand ...
    BeehiveBy beehive.govt.nz
    13 hours ago
  • NZ to send political delegation to the Pacific
    Deputy Prime Minister and Foreign Minister Winston Peters will lead a broad political delegation on a five-stop Pacific tour next week to strengthen New Zealand’s engagement with the region.   The delegation will visit Solomon Islands, Papua New Guinea, Vanuatu, New Caledonia, and Tuvalu.    “New Zealand has deep and ...
    BeehiveBy beehive.govt.nz
    14 hours ago
  • Low gas production threatens energy security
    There has been a material decline in gas production according to figures released today by the Gas Industry Co.  Figures released by the Gas Industry Company show that there was a 12.5 per cent reduction in gas production during 2023, and a 27.8 per cent reduction in gas production in the ...
    BeehiveBy beehive.govt.nz
    18 hours ago
  • Defence industry talent, commitment recognised
    Defence Minister Judith Collins tonight announced the recipients of the Minister of Defence Awards of Excellence for Industry, saying they all contribute to New Zealanders’ security and wellbeing. “Congratulations to this year’s recipients, whose innovative products and services play a critical role in the delivery of New Zealand’s defence capabilities, ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Speech to the Minister of Defence Awards of Excellence for Industry
    Welcome to you all - it is a pleasure to be here this evening.I would like to start by thanking Greg Lowe, Chair of the New Zealand Defence Industry Advisory Council, for co-hosting this reception with me. This evening is about recognising businesses from across New Zealand and overseas who in ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Speech to the Sixth Annual New Zealand Government Data Summit
    It is a pleasure to be speaking to you as the Minister for Digitising Government.  I would like to thank Akolade for the invitation to address this Summit, and to acknowledge the great effort you are making to grow New Zealand’s digital future. Today, we stand at the cusp of ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Ceasefire agreement needed now: Peters
    New Zealand is urging both Israel and Hamas to agree to an immediate ceasefire to avoid the further humanitarian catastrophe that military action in Rafah would unleash, Foreign Minister Winston Peters says.   “The immense suffering in Gaza cannot be allowed to worsen further. Both sides have a responsibility to ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Daily school attendance data now available
    A new online data dashboard released today as part of the Government’s school attendance action plan makes more timely daily attendance data available to the public and parents, says Associate Education Minister David Seymour.  The interactive dashboard will be updated once a week to show a national average of how ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Ambassador to United States appointed
    Foreign Minister Winston Peters has announced Rosemary Banks will be New Zealand’s next Ambassador to the United States of America.    “Our relationship with the United States is crucial for New Zealand in strategic, security and economic terms,” Mr Peters says.    “New Zealand and the United States have a ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • New permit proposed for recreational gold mining
    The Government is considering creating a new tier of minerals permitting that will make it easier for hobby miners to prospect for gold. “New Zealand was built on gold, it’s in our DNA. Our gold deposits, particularly in regions such as Otago and the West Coast have always attracted fortune-hunters. ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • NZ and the UAE launch FTA negotiations
    Minister for Trade Todd McClay today announced that New Zealand and the United Arab Emirates (UAE) will commence negotiations on a free trade agreement (FTA). Minister McClay met with his counterpart UAE Trade Minister Dr Thani bin Ahmed Al Zeyoudi in Dubai, where they announced the launch of negotiations on a ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • New Zealand Sign Language Week an opportunity for anyone to sign
    New Zealand Sign Language Week is an excellent opportunity for all Kiwis to give the language a go, Disabilities Issues Minister Louise Upston says. This week (May 6 to 12) is New Zealand Sign Language (NZSL) Week. The theme is “an Aotearoa where anyone can sign anywhere” and aims to ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Next stop NASA for New Zealand students
    Six tertiary students have been selected to work on NASA projects in the US through a New Zealand Space Scholarship, Space Minister Judith Collins announced today. “This is a fantastic opportunity for these talented students. They will undertake internships at NASA’s Ames Research Center or its Jet Propulsion Laboratory (JPL), where ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • $1.9 billion investment to keep NZ safe from crime
    New Zealanders will be safer because of a $1.9 billion investment in more frontline Corrections officers, more support for offenders to turn away from crime, and more prison capacity, Corrections Minister Mark Mitchell says. “Our Government said we would crack down on crime. We promised to restore law and order, ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • OECD reinforces need to control spending
    The OECD’s latest report on New Zealand reinforces the importance of bringing Government spending under control, Finance Minister Nicola Willis says. The OECD conducts country surveys every two years to review its members’ economic policies. The 2024 New Zealand survey was presented in Wellington today by OECD Chief Economist Clare Lombardelli.   ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Agreement delivers Local Water Done Well for Auckland
    The Government has delivered on its election promise to provide a financially sustainable model for Auckland under its Local Water Done Well plan. The plan, which has been unanimously endorsed by Auckland Council’s Governing Body, will see Aucklanders avoid the previously projected 25.8 per cent water rates increases while retaining ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Gaza and the Pacific on the agenda with Germany
    Foreign Minister Winston Peters discussed the need for an immediate ceasefire in Gaza, and enhanced cooperation in the Pacific with German Foreign Minister Annalena Baerbock during her first official visit to New Zealand today.    "New Zealand and Germany enjoy shared interests and values, including the rule of law, democracy, respect for the international system ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Decision allows for housing growth in Western Bay of Plenty
    The Minister Responsible for RMA Reform, Chris Bishop today released his decision on four recommendations referred to him by the Western Bay of Plenty District Council, opening the door to housing growth in the area. The Council’s Plan Change 92 allows more homes to be built in existing and new ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Speech to New Zealand China Council
    Thank you, John McKinnon and the New Zealand China Council for the invitation to speak to you today.    Thank you too, all members of the China Council. Your effort has played an essential role in helping to build, shape, and grow a balanced and resilient relationship between our two ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Modern insurance law will protect Kiwi households
    The Government is modernising insurance law to better protect Kiwis and provide security in the event of a disaster, Commerce and Consumer Affairs Minister Andrew Bayly announced today. “These reforms are long overdue. New Zealand’s insurance law is complicated and dated, some of which is more than 100 years old. ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Government recommits to equal pay
    The coalition Government is refreshing its approach to supporting pay equity claims as time-limited funding for the Pay Equity Taskforce comes to an end, Public Service Minister Nicola Willis says.  “Three years ago, the then-government introduced changes to the Equal Pay Act to support pay equity bargaining. The changes were ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Transforming how our children learn to read
    Structured literacy will change the way New Zealand children learn to read - improving achievement and setting students up for success, Education Minister Erica Stanford says.  “Being able to read and write is a fundamental life skill that too many young people are missing out on. Recent data shows that ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • NZ not backing down in Canada dairy dispute
    Trade Minister Todd McClay says Canada’s refusal to comply in full with a CPTPP trade dispute ruling in our favour over dairy trade is cynical and New Zealand has no intention of backing down. Mr McClay said he has asked for urgent legal advice in respect of our ‘next move’ ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Stronger oversight for our most vulnerable children
    The rights of our children and young people will be enhanced by changes the coalition Government will make to strengthen oversight of the Oranga Tamariki system, including restoring a single Children’s Commissioner. “The Government is committed to delivering better public services that care for our most at-risk young people and ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Streamlining Building Consent Changes
    The Government is making it easier for minor changes to be made to a building consent so building a home is easier and more affordable, Building and Construction Minister Chris Penk says.      “The coalition Government is focused on making it easier and cheaper to build homes so we can ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Minister acknowledges passing of Sir Robert Martin (KNZM)
    New Zealand lost a true legend when internationally renowned disability advocate Sir Robert Martin (KNZM) passed away at his home in Whanganui last night, Disabilities Issues Minister Louise Upston says. “Our Government’s thoughts are with his wife Lynda, family and community, those he has worked with, the disability community in ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Speech to New Zealand Institute of International Affairs, Parliament – Annual Lecture: Challenges ...
    Good evening –   Before discussing the challenges and opportunities facing New Zealand’s foreign policy, we’d like to first acknowledge the New Zealand Institute of International Affairs. You have contributed to debates about New Zealand foreign policy over a long period of time, and we thank you for hosting us.  ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Accelerating airport security lines
    From today, passengers travelling internationally from Auckland Airport will be able to keep laptops and liquids in their carry-on bags for security screening thanks to new technology, Transport Minister Simeon Brown says. “Creating a more efficient and seamless travel experience is important for holidaymakers and businesses, enabling faster movement through ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Community hui to talk about kina barrens
    People with an interest in the health of Northland’s marine ecosystems are invited to a public meeting to discuss how to deal with kina barrens, Oceans and Fisheries Minister Shane Jones says. Mr Jones will lead the discussion, which will take place on Friday, 10 May, at Awanui Hotel in ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Kiwi exporters win as NZ-EU FTA enters into force
    Kiwi exporters are $100 million better off today with the NZ EU FTA entering into force says Trade Minister Todd McClay. “This is all part of our plan to grow the economy. New Zealand's prosperity depends on international trade, making up 60 per cent of the country’s total economic activity. ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Mining resurgence a welcome sign
    There are heartening signs that the extractive sector is once again becoming an attractive prospect for investors and a source of economic prosperity for New Zealand, Resources Minister Shane Jones says. “The beginnings of a resurgence in extractive industries are apparent in media reports of the sector in the past ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Ō-Rākau Remembrance Bill passes first reading
    The return of the historic Ō-Rākau battle site to the descendants of those who fought there moved one step closer today with the first reading of Te Pire mō Ō-Rākau, Te Pae o Maumahara / The Ō-Rākau Remembrance Bill. The Bill will entrust the 9.7-hectare battle site, five kilometres west ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government to boost public EV charging network
    Energy Minister Simeon Brown has announced 25 new high-speed EV charging hubs along key routes between major urban centres and outlined the Government’s plan to supercharge New Zealand’s EV infrastructure.  The hubs will each have several chargers and be capable of charging at least four – and up to 10 ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Residential Property Managers Bill to not progress
    The coalition Government will not proceed with the previous Government’s plans to regulate residential property managers, Housing Minister Chris Bishop says. “I have written to the Chairperson of the Social Services and Community Committee to inform him that the Government does not intend to support the Residential Property Managers Bill ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Independent review into disability support services
    The Government has announced an independent review into the disability support system funded by the Ministry of Disabled People – Whaikaha. Disability Issues Minister Louise Upston says the review will look at what can be done to strengthen the long-term sustainability of Disability Support Services to provide disabled people and ...
    BeehiveBy beehive.govt.nz
    1 week ago

Page generated in The Standard by Wordpress at 2024-05-08T11:28:45+00:00