web analytics

Corporatism & Neo-Liberalism

Written By: - Date published: 12:58 pm, April 23rd, 2011 - 36 comments
Categories: capitalism - Tags:

One of the corollaries or supporting ideologies behind Neo-Liberalism is the cult of Management.

The idea that individual shareholders, managers or directors are the main contributors to the success of a corporation, and thence the economy. And deserve the greatest share of the rewards. The jobs and income of all other employees and State servants is a generous charitable gift from these people.

Except, maybe in the case of genuine entrepreneurs, we all know this is not true.

Many corporations and State or private enterprises run despite management, not because of them. In fact, the constant parade of new brooms trying to make a name for themselves, with rapid changes and cost cutting, cause competent staff to resign and demoralise the rest.

Many times, within a company, when you want the person who get things done. You ignore the suits staring out the windows in the corner offices and talk to the person, usually a women, who actually does things. Normally someone several pay grades below the suits. Or when you are ordering something, the bright well dressed manager calls some wizened old guy from the shop floor to ask if it can be done.

The corporations with the largest income gap between Directors/Managers and employees have proven to be the least functional.

The star managers paid in millions have proven to be much less effective than, lesser paid, experienced promotions from within the organisation.

Outsiders are typically good at rapid cost-cutting and divestment, but over time, those opportunities tend to dry up.

Highly paid directors have led many corporations into oblivion. Enron, SCF, Hanover and many others.

The highest paid of all, financial managers, destroy at least 7 times as much wealth as they create. Which makes them parasites, getting wealth for themselves by destroying more of others’.

We are so bamboozled by the cult of management we made one of those Prime Minister.

At the same time, corporations decry the decreasing loyalty of other employees while they reduce the pay and responsibility they show towards them.

This all comes from the Neo-Liberal idea that those who work for others are somehow being charitably given jobs.
The fact is all the overpaid managers, greedy directors and parasitic shareholders could not even live, let alone have fortunes without the efforts of cleaners, technicians, plumbers, lath hands, secretaries and rubbish collectors.

People who do productive work more than earn their pay. They contribute much more in relation to their income than those at the top.

Unions and, once upon a time, Labour helped the rest of us towards getting our fair share of the wealth we produce.

Past time Labour decided they are not national lite and repudiated the entire Neo-Liberal canon of faith. They should not be just another vehicle, like National, to transfer wealth to corporate parasites.

Stop the waffle (Thanks QOT) and shooting themselves in the foot and come out strongly for New Zealanders.

Then they may get back the votes of ordinary people.


36 comments on “Corporatism & Neo-Liberalism”

  1. Afewknowthetruth 1

    Quite correct, neoliberalism is dysfunctional (functions but generates bad outcomes) ideology, and all the economic mantra that goes with it is utter garbage.

    The fact is, we have all been lied to from birth about many aspects of society, but most people are content to be lied to  -bought off by the trinkets of consumerism for the moment. Of course, consumenrism was made possible by cheap fossil fuels. That game is nearly over.

    Corporations have wielded inordinate and unjustifiable power since the 1600s, but they are now more or less in complete control of the world and write most government policies. As peak oil bites harder and harder global corporations will presumably become even more powerful.

    The good news is:  this entire system is slowly progressing towards the collapse because after around 500 years of planetary looting there is little left to loot. We are living in a post-peak-everything world and EROEI is falling.

    The bad news is: the bulk of the populace are still not interested in dealing with reality and still seem to think wealth will keep arriving at their doorstep for little effort.

    I’m not holding my breath for Labour to face up to reality: they are just as firmly locked into denial as all the other ignorant clowns in parliament. 

  2. There is nothing ‘fair’ about capitalism since one class must live off the labour of another.
    The good thing is that despite the ongoing illusions of the liberal left that it is possible to reform capitalism to achieve income equality, reality is intervening and teaching us a lesson.
    Capitalism cannot continue without falling into worsening crises. Not just collapses of the banking system which is symptomatic, but of falling profits which dictate increasing exploitation and growing poverty of the masses. Marx called it ‘immiseration’. An this amounts to a destruction of humanity and nature.
    We are witnessing this on a world scale, and Aotearoa/NZ fits into the pattern as a small, dependent semi-colony of the US, Australia and increasingly China.
    The evidence for this is that capitalism only survives by making the working masses pay for its crisis by forcing down living standards. And in many places the masses have had enough – Tumeke! The common element is that that unemployed and literate youth are the first to rise up. The Arab spring is noted for the ‘no fear!’ youth. This means that capitalism has to use force to suppress mass uprisings which exhaust what remaining legitimacy it has. The empire has no clothes.
    The global crisis explains why the NACTs are going for broke and exposing themselves by dressing up in the new see thru outfit of lying, corruption and corporate crony capitalism. It has to declare an open class war between the global capitalist class and its local lackeys, and the NZ working class or die.
    The working class has to make the global capitalist class pay for its own crisis. That means ‘no fear’, walking like Egyptians, and fighting like Libyans. In Aotearoa/NZ we can see the important fights shaping up. One is the fight to save working class Christchurch from from Gerry and the Placemakers. Two is the fight to keep big oil out of the foreshore and seabed. Three is to push the anti-terrorist laws back down the throats of the reborn white settler gentry who want to turn NZ back into a farm and quarry for their imperialist masters.
    Four will be the fight to keep the state from smashing the welfare provisions that keep the working class from immisseration.
    For the working class to live, capitalism must die!

  3. Colonial Viper 3

    I am looking for Labour to champion unequivocally the causes of modern democratic socialism.
    That includes providing support for the creation of worker owned co-operatives, collective enterprises, and not-for-profit organisations, as well as increasing the diversity of roles SOE’s play in the economy.
    Then consumers and customers can decide who they choose to buy their goods and services from: run of the mill corporate behemoths, or businesses run and owned by ordinary NZ workers.
    As you suggest KJT, there is no time left for half measures or pussy footing.

    • Alwyn 3.1

      Can we assume that you regard AMI as a wonderful example of the sort of business we should be encouraging. It has been, after all, an example of the co-operative approach to organising an Insurance company, with the owners being the people holding policies. Unfortunately when these policy holders need the cover it isn’t there. Instead the only people who seem to be being paid are those who nsured with a properly organised privately owned company.

      • McFlock 3.1.1

        Let’s see, one mutual company in difficulty vs half a dozen financial corporations that went under?
        The profits exported by the international insurers are probably more than the liquidity *option* that AMI might need.
        But I agree that the better model is that of the EQC.

      • Colonial Viper 3.1.2

        Can we assume that you regard AMI as a wonderful example of the sort of business we should be encouraging.

        wrt AMI, every AMI employee should have had access to AMI’s books and details of reinsurance.
        It would have been immediately obvious to all that their senior management had left their firm too unprotected.
        When I talk about co-operative and collective enterprises I am talking about democractic ones – ones where information is freely available to every level of the organisation.

  4. That was one of the more rousing calls to arms I’ve heard in quite a while Dave. I like the cut of your jib.

  5. Except, maybe in the case of genuine entrepreneurs, we all know this is not true.

    Tangenital to your main point KJT (with which I agree – great post).

    But oh how I yearn for a party to come up with a set of policies that reward entrepreneurial activity. I know from my time in the media and then politics that NZ is bursting with people who have brilliant ideas and just need a bit of capital to get it going. Sure some would fail, but I’m prepared to bet those who succeed would generate wealth – for themselves, yes, but also for those they employed and the country as a whole – far in excess of the cost of any failures.

    The truly parasitical use of money isn’t shareholdings but property “investment”. One of the nightly “current affairs” shows here in Australia paraded the “success” os someone who, at 25, owns 30 leveraged properties, does no real work, and drives round in his ute congratulating himself on how clever he is. At least the shareholders of a public company are contributing to keeping some people in work.

    Perhaps the starting point for an entrepreneurial policy is to cut all the tax breaks on investment properties and start offering them on venture cpaital investments. Net cost to the government may well turn out to be less (as at least some of the companies that would progress to be net tax payers) and the benefit to the nation would be immeasurable.

    • Colonial Viper 5.1

      Development Finance Corporation Mk II (with a few more safeguards and a bit more action oriented this time)

      • Afewknowthetruth 5.1.1

        Development is not the answer. Development is the problem. 

        The more an economy develops, the more dependent on energy and other resources finite it becomes. The more a society develops, the more unsustainable that society becomes, and the harder it will fall when energy and resources are no longer available. The alarm has been ringing loudly for several years, but most people still are not taking any notice.  

        Permaculture and powerdown are arguably the only sane responses to the predicament we are in. But they are not glamorous.

        • Draco T Bastard

          Research and development is part of the answer. Overuse of resources is the problem.

        • JD

          Last time I recall seeing the consequences of particular ideology was when I was traveling in Cambodia.

        • KJT

          Development, of more sustainable energy use and production, is the answer.

          This is only going to happen if the best and brightest are attracted into these activities rather than into non-productive financial juggling.

          Nothing wrong with an economic stimulus and growth from activities like insulating houses, solar efficient buildings, lower energy use transport and agriculture and distributed small scale  generation. To name only a few.

          I forget what the actual ratio is. Someone will know of a link. But with venture capital the net return over a large number of entrepreneurs is high.

          Some fail, some break even and some return the investment many times over. More than enough to cover the ones that do not succeed.
          A DFC which used factual criteria, not cronyism, to allocate funding would most likely make enough profit to keep even a Don Brash happy.
          A better investment for our future than depending on endlessly compounding ponzi interest from money markets. A safer place for Mum and Pop to invest than cooked finance companies.
          Governments in Singapore, Europe, South Korea and the USA up until the 70’s did pick winners and protect nascent industries. It has worked for all these places.

          I have no problem with pragmatic corporate welfare for sustainable entrepreneurs which has net benefits to NZ. Cheaper than propping up financial failures as we do at present.

          It could even be made for TV. A panel of savvy people pick amongst ideas submitted for the best sustainable and marketable.

          Muldoon was not entirely wrong. We have to invest in the future of NZ or there will be no production to support any of us.
          Two of the think big projects I have personal knowledge of would have made good profits for NZ if the real returns had not been hidden by transfer pricing until they were  given away. One for less money than its first year profits in private hands.

          • Rex Widerstrom

            It could even be made for TV. A panel of savvy people pick amongst ideas submitted for the best sustainable and marketable.

            Like The Dragons’ Den. Or The New Inventors.

            With some tweaks both these could form the basis of a workable model. But tap into the “wisdom of crowds” with public comment, and perhaps votes, as to what would work… taxpayers having direct input into how their own money was spent.

            Sadly, even the channel most likely to screen such a show, TVNZ7, is dying under this government 🙁

            But if we ever get an administration that uses “investment” as anything other than code for “we’re giving more of your money to our mates” I think you’re onto something KJT.

        • Colonial Viper

          Focussing development for the next five to six years on resilient infrastructure, energy generation and facilities which are going to last for 150-200 years is key.

      • I wondered if someone would mention the DFC… very brave of you CV 🙂

        It’s seen – mainly by those who don’t really know their history – as Muldoonist intervention of the worst kind. But that overlooks the fact that booming economies (including Australia’s) have supports in place for R & D (small grants at the very early stages, though mainly dollar-for-dollar tax breaks). Of course they screw it up by encouraging property speculation.

        The DFC was knobbled by those who cried that it wasn’t government’s place to “pick winners”. Oddly enough, these same people, or their current equivalents, think it’s perfectly fine for government to back losers… as long as those losers are “too big to fail”.

        • Colonial Viper

          The DFC was knobbled by those who cried that it wasn’t government’s place to “pick winners”.

          I’ve just been looking at what Singapore is doing today around “picking winners”, and what they have done over the last 10-15 years.
          As you know, whoever was crying that govt has no role in this simply has no idea of what can be done and has been done in other parts of the world.

    • Draco T Bastard 5.2

      But oh how I yearn for a party to come up with a set of policies that reward entrepreneurial activity.

      I don’t think that lack of reward is the problem so much as lack of encouragement and support. As you say, there’s lots of people out there with ideas so we need to ask why those ideas aren’t being worked upon. Part of the answer, IMO, seems to be because the capitalists hold all the money and won’t let it go unless they can get a guaranteed return so an idea that doesn’t make a return but may have benefit to society anyway doesn’t get a look in.
      Then there’s the fact that a lot of those people with ideas don’t know where to go to get the necessary resources to implement them. A corollary to that is maybe that some of them have tried before, been ripped off by some unscrupulous bastard and just won’t trust anyone enough to try again.
      Then there’s patents and other IP laws that get in the way of independent research and development. Really, really need to look at those. Modern IP laws actually prevent innovation (which, of course, is what they’re supposed to do so as to keep present corporations viable).
      We need some way to get the necessary resources to these people with ideas that doesn’t rely on capitalists.

      • Capitalists, a you rightly point out, want as close to a guaranteed return as possible. Right now that means buying a property and renting it out to someone for every last dollar you can possibly extract from them – 50% of their income or more.  

        That’s because our tax system makes it so. An even better scam, apparently, is to buy a second home close to the beach then rent it out as a holiday home. Because you’re deriving income from it everything is deductible. You then set about buying things like a enormous plasma TV “for the holiday home” (wink, wink… not like the tax man is going to check it’s in the lounge down there). So suddenly your amassing of consumer goods becomes tax deductible. “Everything from towels to toilet paper” as one “capitalist” described it to me.

        Simplest fix would seem to be to disincentivise this sort of carry-on by making it (and property investment generally) no longer deductible – or else, if we’re feeling generous, remove the ability to use it for negative gearing.

        Then offer the same incentives but this time for venture capital. Sure it’s riskier but the returns are potentially higher even than property speculation is presently. And for the really important ideas, some form of government underwriting to provide security.

        Capitalism as currently practised is the problem but, if practised differently, it also has some of the answers.

        And your point about IP law is well made. As with most things, the pendulum has swung from one extreme to another and created a morass, as the situation with Trevor Rogers illustrates. Not an area I have any knowledge of, but it must surely be possible to write IP laws that aren’t a lawyer’s wet dream?!

        • terryg

          I’m just waiting for Jeff Baker to invent the memory crystal. that’ll kill copyright 🙂  (I just re-read misspent youth)
          IMO the length of a patent is a serious problem. Pre-computing & WWW, 17 years was probably about right. Now its just ridiculous – most modern inventions are superceded within a few years.
          With Moores law, in 17 years computing power goes up by a factor of ~3000 (doubles every 18 months, and has since the 1960s). so any computing thingy is not just obsolete, its archaic.
          The other problem is that the USPTO will literally patent any old shit.A patent is NOT supposed to be “obvious to one skilled in the art”.
          I hold the naming rights to a number of patents (good on a CV, no reward other than salary but). One circuit, for dimming LED lamps without flickering, is literally in every power electronics textbook in the world, and has been since before I was born/man landed on the moon – a Pulse Width Modulator. The “invention” process comprised me being asked for my suggestions as I walked past a bunch of engineers in NC, and OTTOMH sketching up said PWM circuit on a whiteboard. The implementation is almost exactly as first drawn – it really is that well known.
          I bloody near fell off my chair laughing when patent docs showed up – but the USPTO were happy, the argument being “But nobody has used it to dim LED lamps without flickering” – aaargh!
          Now the only way to have it overturned is with expensive litigation.
          So if I want to design a LED lamp dimming circuit that isnt for BQDD (I’m sorry Dave, I cant let you do that), I’ll have to think up something that isnt in my textbooks, and its all my fault 🙁
          and thats nowhere near as stupid as many SW and business process patents – shopping baskets and one-click ordering anyone? I could rant about this for weeks……
          Copyright is far, far worse than patents though. Copyrights are used to turn us all into renters. FFS mickey mouse is STILL copyrighted, and is over 70 years old.

  6. Pascal's bookie 6

    Good post KJT.

    If you’ve not read it, The Economics of Innocent Fraud by JK Galbraith is very good on the subject. It’s short readable, and can be read for free. Just google the title and it usually comes up in the first link, as a google book. 

  7. Herodotus 7

    From “The Persian Expedition” – Xenophon book 7 ch 2 the pay gap of foot soldier to generals 380 bc ”  each soldier a starter of Cyzicus every month, double pay for a captain and 4 times as much for a general …” Now way back 2400 years there was a very flat pay scale from the boss down to those who were cannon foder !!!
     – A wee history lesson on pay scales. ps There was no PAYE tax back then either
    Sometimes those old timers had a better perspective on things !! 😉

    • locus 7.1

      “Sometimes those old timers had a better perspective on things” http://en.wikipedia.org/wiki/Slavery_in_antiquity

      I’m not sure that I agree. The generals in many ancient civilisations were the rich and powerful, and benefited from the large numbers of slaves they took following conquests – to work on the lands that they plundered. The wealth of the Egptians, Persians, Greeks, Romans etc was largely derived from slavery and heavy taxation of the conquered nations.

  8. Can I also commend you on your post KJT and also recommend something.  I saw the film “Inside Job” recently and can commend it as a succinct but devastating review of the global financial crisis.  The end of the movie is great as the interviewer’s questions of various participants gets closer and closer to the bone and you can see them squirm.  The film does not pull any punches either, it calls greed by its proper name.

    If I can give a really basic summary of the film’s conclusions it is that a number of players were in on it and their collective greed brought capitalism to its knees.

    The participants included:

    1.  The banking executives who started to lend for volume’s sake rather than with a view to the future and the need to make sure that loans were secure.  Collateral Debt Instruments removed the need to worry if the loan was going to be repaid. Added to this was a bonus system that rewarded volume instead of security.
    2.  The merchant bankers that sold Collateral Debt Instruments.  Subsequently disclosed Goldman Sach emails described CDIs as a “piece of crap” at the time they were being sold vigorously.
    3.  The companies that valued the CDIs at AA or AAA weeks before they collapsed without value.  They were hooked into the valuation fees that were paid and went along for the ride.
    4.  Economics lecturers who augmented modest income by being on boards of directors of merchant bankers or writing pro free market papers for right wing institutions.  They let the fees cloud their judgment and expoused the free market without critical thought.
    5.  Politicians who cut into the budgets of the institutions that should have been overseeing and regulating the market in the vain hope that unbridled capitalism would turn out OK.
    6.  And last but not least political parties who relied on the campaign contributions from the large corporates and then went easy on them.

    Barack Obama does not escape criticism.  He has a number of ex Wall Street people on his staff.  Instead of bailing the companies out he should have nationalised them, prosecuted the big players for fraud, and put caps on their bonuses.

    Compelling stuff.  It makes you wonder when the revolution is going to start …

    • Carol 8.1

      As I recall, during the presidential primaries, some people were saying that Obama had backing from Goldman Sachs.  This  tended to undercut the popular notion that he broke the mould and was funded by lots of small contributions as a result of his use of the Internet.
      Certainly this website reckons they have evidence Sachs was a major contributor, as does a CNN article.
      But I think it’s also something the Republicans/teabaggers are trying to tie to Obama.

      • Pascal's bookie 8.1.1

        Sachs contributes to both, and most heavily to whoever looks like winning.

        • Afewknowthetruth

          Not just Goldman Sachs. A long list of corporations and Wall St banksters contributed to both parties … ensuring whoever took office would be under proper control.

          However, the revolving door between Wall St and the US administrations  does particularly favour senior GS executives.    

          • terryg

            hear hear!
            the only difference between democans and republicrats is what they say.
            If you look only at what they do, they are indistinguishable.

            • Colonial Viper

              Both parties captured by big money in an election cycle where candidates need to raise millions of dollars just to stand.
              The US courts have now allowed big money to dominate US democracy by defining “free speech” as the same as maximum mass media speech with maximum repetitions. The inevitable conclusion: to have free speech there cannot be any spending limits on election campaigning.
              Which neatly extinguishes the presence of all other speech which cannot afford an advertising budget of tens of millions of dollars, silencing ordinary people in favour of multimillionaires and billionaires.

              • terryg

                I lived in Boston for a few years last century (I love being able to say “last century”), and boy am I glad I dont live there now. But even then it was clear USA was a superposition of both a 1st and a 3rd world country, and that it had been done deliberately.
                Fascism in the US is growing exponentially, and its well past the knee. We live in interesting times, and they are going to get a lot more interesting.
                Did George Carlin had the right idea – give up on society, and become an observer? I hope not.
                Unless, of course, we cant reign in big finance – global GDP is something like $12trillion per annum, and the global financial markets trade something like $300trillion.
                The only question is how.

                • Colonial Viper

                  Yeah it seems like a few of us get it.

                  • terryg

                    Indeed CV, and I am so pleased to have found many more here – yourself, Rex, AFKTT, r0b…..
                    Alas we can beg, plead and grovel – hell, we can whinny bleat and moo, to no avail…..

  9. Bored 9

    When you are on the end of the production line on minimum wages the theoretical differences between corporatism and neo liberalism are of no consequence. The only thing you need to know is that the bastards would not have you doing something unless there was money in it for them, and the less they can give you the more they make. You can also be pretty sure the buggers would not soil their mits doing what you do.

    • terryg 9.1

      It was once possible to pull oneself up from the production line by ones bootstraps. I did. All it took was years of hard work and study, a publicly funded tertiary education system, and being born into a working class family whos parents valued education, in a country where that was actually possible.
      In other words, way more good luck than good management.
      And this is why I dont mind paying my share. Which Shonkey kindly reduced for me, whilst further eroding the conditions that predicated my success, thereby ensuring others cannot follow.
      Way to go NACT.

Recent Comments

Recent Posts

  • Jenny Marcroft MP to represent New Zealand First in Auckland Central
    New Zealand First is pleased to announce Jenny Marcroft as the party’s election 2020 candidate for the Auckland Central electorate. Jenny spent years working in Auckland Central, having spent a vast proportion of her broadcasting career there. She says she, "knows the place and knows the people." Ms Marcroft says ...
    11 hours ago
  • Creating jobs and cleaning up our rivers
    New Zealanders deserve healthy rivers and lakes that are safe to swim in - but they have been getting worse for decades. That's why, with our latest announcement, we're investing in projects that will help clean up our rivers and lakes and restore them to health, within a generation. ...
    1 day ago
  • Jacinda Ardern: 2020 Labour Congress Speech
    Jacinda Ardern's speech to the 2020 Labour Party Congress. ...
    1 day ago
  • Kelvin Davis: 2020 Labour Congress Speech
    Kelvin Davis' speech to the 2020 Labour Party Congress. ...
    1 day ago
  • Week That Was: Another week of major progress
    This week we moved into the second half of 2020 - and our Government delivered another week of big changes and major progress for New Zealanders. Read below for a wrap of the key things moments from the week - from extending paid parental leave, to making major investments in ...
    3 days ago
  • Green Party opposes RMA fast-track bill that cut corners on environmental safeguards and public cons...
    The Green Party has opposed the COVID-19 Recovery Fast-track Consenting Bill which shortcuts normal consenting processes under the Resource Management Act (RMA), reduces public participation and narrows environmental considerations. ...
    4 days ago
  • Site of new freight hub revealed
    Hon Shane Jones, Minister of Regional Economic Development A regional freight hub for the lower North Island will be built just northeast of Palmerston North, Regional Development Minister Shane Jones has announced. The Government is investing $40 million through the Provincial Growth Fund to designate and buy land and design ...
    5 days ago
  • Greens call for Guaranteed Minimum Income to alleviate skyrocketing debt with MSD
    Green Party Co-leader Marama Davidson is calling for the introduction of a Guaranteed Minimum Income to lift hundreds of thousands of people out of poverty and prevent more families entering into further debt with the Ministry of Social Development.  ...
    5 days ago
  • Winston Peters: Facts matter when taxpayer money is on the line
    There has been renewed focus on New Zealand First acting as a handbrake on the Government after our decision to not support Auckland light rail. We are a handbrake for bad ideas, that is true, but our track record since 2017 has seen New Zealand First constructively also serve as an ...
    5 days ago
  • Bill raising minimum residency requirement for NZ Super passes first reading
    Mark Patterson MP, New Zealand First List MP New Zealand First’s Fair Residency for Superannuation Bill passed its First Reading in Parliament today. The Bill makes a significant change to NZ Super by raising the minimum residency requirement from 10 to 20 years, after age 20. “Currently, a migrant of ...
    5 days ago
  • Harsher penalties for assaults on first responders one step closer
    Darroch Ball MP, Spokesperson for Law and Order A New Zealand First member’s bill in the name of Darroch Ball introducing a six-month minimum prison sentence for assaults on first responders has passed its second reading in Parliament. The new offence of "injuring a first responder or corrections officer with ...
    5 days ago
  • Criminal Cases Review Commission delivers Coalition promise
    Fletcher Tabuteau MP, Deputy Leader of New Zealand First New Zealand First welcomes the launch of the new Criminal Cases Review Commission, gifted with the name from Waikato-Tainui - Te Kāhui Tātari Ture, announced in Hamilton today by Justice Minister Andrew Little. “New Zealand First has long believed in and ...
    5 days ago
  • Greens welcome huge new investment in sustainable projects
    The Green Party is celebrating over $800m in new funding for green projects, which will get people into jobs while solving New Zealand’s long-term challenges. ...
    6 days ago
  • New Zealand First demands answers from Meridian Energy
    Mark Patterson MP, Spokesperson for Primary Industries New Zealand First is appalled that Meridian seems to have been unnecessarily spilling water from its dams to drive up its profits."While New Zealanders have been coming together in some of our darkest hours, we don’t expect power gentailers to waste water and ...
    6 days ago
  • Getting New Zealand moving again: June 2020
    We wrapped up the first half of 2020 with a busy month, taking additional steps to support New Zealanders as we continue with our economic recovery. We rolled out targeted packages to support key industries like tourism and construction, helped create jobs in the environmental and agriculture sectors, and set ...
    6 days ago
  • Māori union leader appointed to Infrastructure Commission board
    Hon Shane Jones, Minister for Infrastructure Infrastructure Minister Shane Jones has welcomed the appointment of Maurice Davis and his deep infrastructure and construction experience to the board of the Infrastructure Commission. Mr Davis (Ngāti Maniapoto), is the seventh and final appointment to the board led by former Reserve Bank Governor ...
    7 days ago
  • Click-bait journalism at its worst
    Rt Hon Winston Peters, Leader of New Zealand First New Zealand’s click bait journalism is taking a turn for the worse, with yet another example of sensationalist, wilful-misrepresentation of the facts. “New Zealand First has worked constructively with its Coalition partner on hundreds of pieces of legislation and policy, and ...
    7 days ago
  • Green Party proposes transformational Poverty Action Plan
    The Green Party is today unveiling its Poverty Action Plan, which includes a Guaranteed Minimum Income to ensure people have enough to live with dignity.     ...
    1 week ago
  • PGF accelerates Rotorua projects
    Rt Hon Winston Peters, Deputy Prime Minister Fletcher Tabuteau MP, Under-Secretary for Regional Economic Development The Rotorua Museum redevelopment and Whakarewarewa and Tokorangi Forest projects will be accelerated thanks to a $2.09 million Provincial Growth Fund (PGF) boost, Deputy Prime Minister Winston Peters and Under-Secretary for Regional Economic Development Fletcher ...
    1 week ago
  • Week That Was: Getting people into jobs
    This week, we rolled out the next steps of our recovery plan, with new infrastructure investment, extra support for tourism operators, and a new programme to get Kiwis into agriculture careers. The global economic consequences of COVID-19 will continue to be a challenge, but we have a detailed plan to ...
    1 week ago
  • Coalition commitment establishing Mental Health Commission delivered
    Jenny Marcroft MP, Spokesperson for Health New Zealand First welcomes the passage of the Mental Health and Wellbeing Commission Bill through its final reading in Parliament today fulfilling a coalition agreement commitment. “This is an important step in saving the lives of New Zealanders and delivers a key coalition commitment ...
    1 week ago
  • Whakatāne gets a $2.5m ‘turbo boost’
    Whakatāne has been given a $2.5 million boost to speed up previously funded projects and create more than 450 jobs in the next decade. Of those, the equivalent of 160 full-time jobs could be delivered in the next six weeks. Deputy Prime Minister Winston Peters is in town to make ...
    1 week ago
  • $2.5m PGF funding to speed up economic recovery in Whakatāne
    Rt Hon Winston Peters, Deputy Prime Minister Fletcher Tabuteau MP, Under-Secretary for Regional Economic Development The Provincial Growth Fund (PGF) is investing $2.5 million to accelerate three infrastructure projects in Whakatāne, Deputy Prime Minister Winston Peters and Under-Secretary for Regional Economic Development Fletcher Tabuteau announced today. “This package is about ...
    2 weeks ago
  • Shane Jones calls out those holding drought-stricken Auckland ‘to ransom’ over water
    Infrastructure Minister Shane Jones is throwing his weight behind a bid by the Auckland Council to fast-track the more than doubling of the city's water allowance from the Waikato River. And he's coming out strongly against anyone who plans on getting in the way of this campaign. "It is my ...
    2 weeks ago
  • Another Green win as climate change considerations inserted into the RMA
    The Green Party is thrilled to see changes to the Resource Management Act (RMA) that mean consents for large projects can be declined if they will have significant climate change implications that are inconsistent with the Zero Carbon Act and Aotearoa New Zealand’s Paris Agreement obligations.  ...
    2 weeks ago
  • New Navy vessel Aotearoa to arrive in New Zealand
    Hon Ron Mark, Minister of Defence The Royal New Zealand Navy’s new ship, Aotearoa, set sail for New Zealand on 10 June from the Republic of Korea, and is due to arrive in Auckland tomorrow, announced Minister of Defence Ron Mark. “Aotearoa is the Royal New Zealand Navy’s new fleet ...
    2 weeks ago
  • Racing Industry Bill passes third reading
    Rt Hon Winston Peters, Deputy Prime Minister, Minister for Racing Racing Minister Winston Peters has today welcomed the Racing Industry Bill passing its third reading, creating the legislative framework for revitalising the racing industry while limiting the need for future government intervention. “For too long our domestic racing industry has ...
    2 weeks ago
  • Green Party seek amendment to ensure all prisoners can vote
    The Green Party has today put forward an amendment to the Electoral (Registration of Sentenced Prisoners) Amendment Bill to ensure all people in prisons can vote in general elections. ...
    2 weeks ago
  • Green Party welcomes new approach to delivering light rail
    The Green Party welcomes the decision to not proceed with Public Public Investment (PPI) delivery of Auckland’s light rail project and to instead run the process through the public service. ...
    2 weeks ago
  • New Zealand First welcomes PGF investment in Wairarapa Water
    Hon Ron Mark, New Zealand First List MP based in the Wairarapa New Zealand First List MP Hon Ron Mark welcomes the announcement of Provincial Growth Funding investment of $1.4 million to help secure the Wairarapa’s water supply. The funding boost will allow the Greater Wellington Regional Council (GWRC), and ...
    2 weeks ago
  • New Zealand First MP Mark Patterson selected as candidate for Taieri
    New Zealand First list MP Mark Patterson has been selected to represent the party in the newly formed Taieri electorate at the upcoming election. Mr Patterson, his wife Jude and two daughters farm sheep and beef at Lawrence and Waitahuna. He previously stood in the Clutha-Southland electorate however boundary changes ...
    2 weeks ago
  • Ground-breaking on NZ Post depot
    Hon Shane Jones, Associate Minister for State Owned Enterprises A new ‘super depot’ to be built for NZ Post in Wellington will create around 350 jobs during construction, Associate Minister for State Owned Enterprises Shane Jones says. Shane Jones today attended a ground-breaking and blessing ceremony for the parcel-processing depot ...
    2 weeks ago
  • Week That Was: Putting our economic plan into action
    Our strong economic management prior to COVID-19 - with surpluses, low debt and near-record-low unemployment - put us in a good position to weather the impact of the virus and start to rebuild our economy much earlier than many other countries. Now we're putting our plan to recover and rebuild ...
    2 weeks ago
  • Fleeing drivers hit new record-high yet again
    Darroch Ball MP, New Zealand First Spokesperson for Law and Order Recently released Police fleeing driver statistics have shown yet another increase in incidents with another record-high in the latest quarter. “This new quarterly record-high is the latest in a string of record-high numbers since 2014.  The data shows incidents ...
    2 weeks ago
  • Fletcher Tabuteau selected as candidate for Rotorua
    New Zealand First MP Fletcher Tabuteau is pleased to be confirmed today as the party’s candidate for the Rotorua electorate. Speaking at the Rotorua AGM for New Zealand First, Mr Tabuteau said this is an election that is incredibly important for the people of Rotorua. “The founding principles of New ...
    2 weeks ago
  • Greens call for Government office to address Rainbow issues following Human Rights Commission report
    The Human Rights Commission’s PRISM report on the issues impacting people based on their sexual orientation, gender identity and expression, and sex characteristics (SOGIESC) provides an excellent programme of work for future governments to follow, say the Greens. ...
    2 weeks ago
  • Winston Peters continues push for trans-Tasman travel as military take control of operations
    Foreign Affairs Minister Winston Peters said the trans-Tasman bubble had not been jeopardised after a border botch-up resulted in New Zealand having two active cases of COVID-19. On Friday, Mr Peters told RNZ's Morning Report he had heard from Australian Prime Minister Scott Morrison that borders for trans-Tasman travel would open by ...
    2 weeks ago
  • Winston Peters on the Government’s Covid-19 border blunder
    Deputy Prime Minister Winston Peters said today he was pleased the army was now running the quarantine and isolation process - up until now it has been the Ministry of Health. Peters told Newstalk ZB's Mike Hosking that the army knew how to introduce and follow protocols and instil discipline. ...
    3 weeks ago
  • New Zealand First’s Ron Mark confirms bid for the Wairarapa seat
    Hon Ron Mark, New Zealand First List MP based in the Wairarapa New Zealand First MP and Minister for Defence and Veteran’s Affairs Ron Mark has confirmed his bid for the Wairarapa seat.“The Coalition Government has done a lot of good work throughout the Wairarapa, but many constituents have told ...
    3 weeks ago
  • New Zealand First welcomes second tranche of candidates
    New Zealand First is pleased to release the names of its next tranche of candidates for the 2020 election. We’re proud to announce these hardworking New Zealanders that have put their hand up to fight for a commonsense and resilient future.Jamie Arbuckle – Kaikoura Mark Arneil – Christchurch Central Jackie ...
    3 weeks ago

  • Keeping ACC levies steady until 2022
    The Government is maintaining current levy rates for the next 2 years, as part of a set of changes to help ease the financial pressures of COVID-19 providing certainty for businesses and New Zealanders, ACC Minister Iain Lees-Galloway says. “New Zealanders and businesses are facing unprecedented financial pressures as a ...
    BeehiveBy beehive.govt.nz
    9 hours ago
  • Extended loan scheme keeps business afloat
    Small businesses are getting greater certainty about access to finance with an extension to the interest-free cashflow loan scheme to the end of the year. The Small Business Cashflow Loan Scheme has already been extended once, to 24 July. Revenue and Small Business Minister Stuart Nash says it will be ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • New investment creates over 2000 jobs to clean up waterways
    A package of 23 projects across the country will clean up waterways and deliver over 2000 jobs Prime Minister Jacinda Ardern and Environment Minister David Parker announced today. The $162 million dollar package will see 22 water clean-up projects put forward by local councils receiving $62 million and the Kaipara ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Speech to Labour Party Congress 2020
    Tena koutou katoa  Nga tangata whenua o tenei rohe o Pōneke, tena koutou Nau mai, haere mai ki te hui a tau mo te roopu reipa Ko tatou!  Ko to tatou mana!  Ko to tatou kaupapa kei te kokiri whakamua  Tena koutou, tena koutou, tena tatou katoa   Welcome. I ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • PGF top-up for QE Health in Rotorua
    The Provincial Growth Fund (PGF) is investing $1.5 million to ensure QE Health in Rotorua can proceed with its world class health service and save 75 existing jobs, Under Secretary for Regional Economic Development, Fletcher Tabuteau announced today. The PGF funding announced today is in addition to the $8 million ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Building a more sustainable construction sector
    A new programme, which sets a firm course for the Building and Construction sector to help reduce greenhouse gas emissions, has been announced by the Minister for Building and Construction Jenny Salesa. “A significant amount of New Zealand’s carbon emissions come from the building and construction sector.  If we’re serious ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • PGF funds tourism boost in Northland
    The Provincial Growth Fund is investing more than $7.5 million in Northland ventures to combat the economic impact of the COVID-19 virus, Deputy Prime Minister Winston Peters and Regional Economic Development Minister Shane Jones have announced. The Provincial Growth Fund (PGF) investment is going to the Northern Adventure Experience and ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Four new projects announced as part of the biggest ever national school rebuild programme
    Prime Minister Jacinda Ardern and Education Minister Chris Hipkins today announced significant funding for Auckland’s Northcote College as part of the first wave of a new nationwide school redevelopment programme to upgrade schools over the next 10 years. The $48.5 million project brings the total investment in Northcote College to ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • COVID-19: Support to improve student attendance and wellbeing
    The Government has opened an urgent response fund to support schools and early learning services to get children and young people back on track after the Covid-19 lockdown. “While we are seeing improvements in attendance under Alert Level 1 Ministry of Education data shows that attendance rates in our schools ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Fast-track consenting law boosts jobs and economic recovery
    The law to boost the economic recovery from the impact of COVID-19 by speeding up resource consenting on selected projects has passed its second and third readings in the House today. “Accelerating nationwide projects and activities by government, iwi and the private sector will help deliver faster economic recovery and ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Whanganui Port gets PGF boost
    Five port-related projects in Whanganui will receive a $26.75 million Provincial Growth Fund investment to support local economic recovery and create new opportunities for growth, Regional Economic Development Minister Shane Jones announced today. “This is a significant investment that will support the redevelopment of the Whanganui Port, a project governed ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • More support for Sarjeant Gallery
    Whanganui’s Sarjeant Gallery will receive an investment of up to $12 million administered by the Provincial Growth Fund to support its redevelopment, Regional Economic Development Minister Shane Jones announced today. The project is included in a $3 billion infrastructure pipeline announced by Finance Minister Grant Robertson and Shane Jones yesterday. ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Funding for training and upskilling
    The Provincial Growth Fund is investing nearly $2.5 million into three Te Ara Mahi programmes to support Manawatū-Whanganui jobseekers and employees to quickly train and upskill, Regional Economic Development Minister Shane Jones announced today. “Up to 154 local people will be supported into employment within the first year by these ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Statement from the Minister of Health Dr David Clark
      This morning I have formally tendered my resignation as Minister of Health, which was accepted by the Prime Minister. Serving as Minister of Health has been an absolute privilege – particularly through these extraordinary last few months. It’s no secret that Health is a challenging portfolio. I have given ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Scholarship placements for agricultural emissions scientists doubles
    Scholarships for 57 early-career agricultural emissions scientists from 20 developing countries is another example of New Zealand’s international leadership in primary sector sustainability, says Agriculture Minister Damien O’Connor. Mr O’Connor, announcing the scholarships today, says hundreds of applications were received for this fourth round of the CLIFF-GRADS programme (Climate, Food ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Funding for Foxton regeneration
    A project to help rejuvenate the Horowhenua town of Foxton will receive a Provincial Growth Fund investment of $3.86 million, Regional Economic Development Minister Shane Jones announced today. “This funding for the Foxton Regeneration project will be used to make the well-known holiday town even more attractive for visitors and ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Plan to improve protection of moa bones
    Moa bones and other sub-fossil remains of extinct species are set to have improved protection with proposals to prevent the trade in extinct species announced the Minister of Conservation Eugenie Sage today. “We have lost too many of our native species, but these lost species, such as moa, remain an ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Free lunches served up to thousands of school children in the South Island
    The Government’s free and healthy school lunches programme moves south for the first time creating jobs for around 30 people in Otago and Southland. “Eighteen schools with 3000 students are joining the programme – 11 have already begun serving lunches, and seven are preparing to start during Term 3. This is ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Screen Sector recovery package protects jobs, boosts investment
    Thousands of Kiwi jobs and investment in New Zealand productions will be protected through a screen sector support package announced today by Associate Minister for Arts Culture and Heritage Carmel Sepuloni, Minister for Economic Development Phil Twyford and Minister for Broadcasting Kris Faafoi. The package also includes investment in broadcasting ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • New fund to help save local events and jobs
    The Government has established a new $10 million fund for the domestic events sector to help save jobs and protect incomes as it recovers from the impacts of COVID-19, Minister of Economic Development Phil Twyford announced today. This funding from Budget 2020 follows talks with the event sector designed to ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Bill to improve fuel market competition
    The Government has taken another step in its commitment to making sure New Zealanders get a fairer deal at the petrol pump with the introduction of legislation to improve competition in the retail fuel market, says Energy and Resources Minister Megan Woods. “The fuel market study that this Government ordered ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • New Zealand joins global facility for pre-purchase of COVID-19 Vaccine
    New Zealand has joined a global initiative that aims to enable all countries to access a safe and effective Covid-19 vaccine, Foreign Affairs Minister Winston Peters announced today. The COVAX Facility was recently launched by Gavi, the Vaccine Alliance. The Alliance includes the World Health Organization, UNICEF, the World Bank ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Right to legal representation in Family Court restored today
    From today new legislation takes effect to both restore the right to legal representation at the start of a Care of Children (CoCA) dispute in the Family Court, and allow parties to those proceedings to access legal aid where eligible. During a visit to the Family Court in Auckland today, ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Transitioning to a fully-qualified home-based ECE workforce
    Home-based early childhood education (ECE) subsidised by the government will transition to a fully qualified workforce by 2025 to ensure better and more consistent quality, Education Minister Chris Hipkins announced today. “Quality early learning helps provide children with a strong foundation for their future,” Chris Hipkins said. From 1 January ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Criminal Cases Review Commission gets to work
    The new Criminal Cases Review Commission | Te Kāhui Tātari Ture (CCRC) has started work and can now independently investigate claimed miscarriages of justice. “Even though we have appeal rights and safeguards against unsafe convictions, from time to time our justice system does get things wrong. The design of the ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Speech by the Minister of Defence to the New Zealand Institute of International Affairs
    E ngā mana, e ngā reo, e ngā karangatanga maha, tēnā koutou Ki a koutou Te Āti Awa, Taranaki Whānui, Ngāti Toa Rangatira, ngā mana whenua o te rohe nei, tēnā koutou Ko Te Whare Wānanga o Aotearoa ki ngā take o te Ao (NZIIA), Ko te Rōpū Tohu Tono ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Six months with baby and $20 more a week for new parents
    The Government’s increase to paid parental leave kicks in today with another 4 weeks taking New Zealand up to a full 6 months (26 weeks, up from 22 weeks) leave for new parents, and the maximum weekly payment will increase by $20pw, Workplace Relations and Safety Minister Iain Lees-Galloway says. ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Infrastructure investment to create jobs, kick-start COVID rebuild
    A new package of infrastructure investments will help kick-start the post-COVID rebuild by creating more than 20,000 jobs and unlocking more than $5 billion of projects up and down New Zealand. Finance Minister Grant Robertson and Infrastructure Minister Shane Jones today outlined how the $3 billion infrastructure fund in the ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Statement on passage of national security law for Hong Kong
    Foreign Affairs Minister Winston Peters today expressed the New Zealand Government’s deep disappointment at the passage by China’s National People’s Congress Standing Committee of a national security law for Hong Kong. “New Zealand has consistently emphasised its serious concern about the imposition of this legislation on Hong Kong without inclusive ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • July 1 marks progress for workers, families
    More jobs and more family time with newborns are the centrepiece of a suite of Government initiatives coming into effect today. July 1 is a milestone day for the Government as a host of key policies take effect, demonstrating the critical areas where progress has been made. “The Coalition Government ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Auckland water consent referred to Board of Inquiry
    Environment Minister David Parker has today “called in” Auckland’s application to the Waikato Regional Council to take an extra 200 million litres of water a day from the lower reaches of the Waikato River for Auckland drinking water and other municipal uses.  The call-in means the application has been referred ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • New Zealand to host virtual APEC in 2021
    Foreign Affairs Minister Winston Peters and Trade and Export Growth Minister David Parker announced today that New Zealand’s hosting of APEC in 2021 will go ahead using virtual digital platforms. Mr Peters said the global disruption caused by COVID-19, including resultant border restrictions, had been the major factor in the ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Matakana Link Road construction kicks off and drives jobs
    The start of construction on a new link road between Matakana Road and State Highway 1 will create jobs and support the significant population growth expected in the Warkworth area, Transport Minister Phil Twyford and Mayor Phil Goff announced today. Transport Minister Phil Twyford said construction of the Matakana Link ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • PPE supplies secured as COVID-19 response focuses on border
    The Government is prioritising its latest investment in PPE for frontline health workers, including staff at managed isolation and quarantine facilities, Health Minister David Clark says. “With no community transmission of COVID-19 our response now has a firm focus on keeping our border safe and secure. “We must ensure that ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • PGF funding for Parihaka settlement
    The Parihaka Papakāinga Trust in Taranaki will receive up to $14 million for a new visitor centre and other improvements at the historic settlement that will boost the local economy and provide much-needed jobs, Regional Economic Development Minister Shane Jones and Minister for Treaty of Waitangi Negotiations Andrew Little have ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Protections for workers in triangular employment
    Protections for workers who are employees of one employer but working under the direction of another business or organisation have come into force, closing a gap in legislation that  made the personal grievance process inaccessible for some workers, says Workplace Relations Minister Iain Lees-Galloway. “This Government is working hard to ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government strengthens managed isolation system
    A range of improvements are already underway to address issues identified in the rapid review of the Managed Isolation and Quarantine system released today, Housing Minister Megan Woods said. The review was commissioned just over a week ago to identify and understand current and emerging risks to ensure the end-to-end ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Whakatāne to go predator free with Government backing Ngāti Awa led efforts
    The important brown kiwi habitat around Whakatāne will receive added protection through an Iwi-led predator free project announced by Minister of Conservation Eugenie Sage and Under Secretary for Regional Economic Development Fletcher Tabuteau. “The Government is investing nearly $5 million into Te Rūnanga o Ngāti Awa’s environmental projects with $2.5 ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Growing Goodwood: Expanding wood waste recycling plant in Bay of Plenty, Waikato
    An extra 4,000 tonnes of offcuts and scraps of untreated wood per year will soon be able to be recycled into useful products such as horticultural and garden mulch, playground safety surfacing and animal bedding as a result of a $660,000 investment from the Waste Minimisation Fund, Associate Environment Minister ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Scott Watson’s convictions to be referred to Court of Appeal
    The Governor-General has referred Scott Watson’s convictions for murder back to the Court of Appeal, Justice Minister Andrew Little announced today. Mr Watson was convicted in 1999 of the murders of Ben Smart and Olivia Hope. His appeal to the Court of Appeal in 2000 was unsuccessful, as was his ...
    BeehiveBy beehive.govt.nz
    1 week ago