web analytics

Daily Review 14/12/2018

Written By: - Date published: 5:30 pm, December 14th, 2018 - 46 comments
Categories: Daily review - Tags:

Daily review is also your post.

This provides Standardistas the opportunity to review events of the day.

The usual rules of good behaviour apply (see the Policy).

Don’t forget to be kind to each other …

46 comments on “Daily Review 14/12/2018 ”

  1. James Thrace 1

    With over $1.2tn going through the financial markets every year, a financial transaction tax of 1% will give the govt an income of $120bn a year.

    The current raft of taxes generates just $85bn a year.

    It is not hard to see that scrapping all forms of taxes and implementing an FTT of 1% will lead to higher govt revenue and more money for consumers to spend as they see fit.

    • gsays 1.1

      I vote for that.

    • dV 1.2

      AND it would capture a lot of the non tax entities as well.

    • Antoine 1.3

      Your view is too static. Adding a new tax will always decrease the tax base it is levied on, sometimes drastically.

      A.

      • James Thrace 1.3.1

        Go on then, explain how an FTT will dramatically decrease the tax take

        • Antoine 1.3.1.1

          My point is that if an FTT is introduced, then the number and size of financial transactions will decrease. Because now a transaction is essentially free, there is no reason not to shuttle money back and forth. But if a transaction has a cost, people will find ways to avoid doing them or to reduce their size or to take them outside the taxed region. It would be naive to think this would not happen.

          A.

          • Antoine 1.3.1.1.1

            Think of it this way. Many financial dealings take the form, A pays B, B pays C. If there was an FTT, then B could simply arrange for A to pay C directly – halving the tax liability.

            Then, of course, it frequently happens that A pays B an amount of $X, and at some later time B pays A an amount of $Y. If there was an FTT, then either B could simply pay A an amount of ($Y – $X) (perhaps adjusted for interest on the $X), or they could simply keep score and settle up at some later time. Again, the tax liability would be reduced or avoided entirely.

            If you think that rich people and corporations wouldn’t bother to do these kinds of tricks, then you don’t know rich people or corporations.

            A.

            • Draco T Bastard 1.3.1.1.1.1

              Because now a transaction is essentially free, there is no reason not to shuttle money back and forth.

              Which invariably lumbers its own cost on society. See NZ 1987, the Asian Tiger collapse and the GFC.

              If there was an FTT, then B could simply arrange for A to pay C directly – halving the tax liability.

              Wouldn’t that be, like, a Good Thing? You know, increased efficiency and stuff.

              Then, of course, it frequently happens that A pays B an amount of $X, and at some later time B pays A an amount of $Y. If there was an FTT, then either B could simply pay A an amount of ($Y – $X) (perhaps adjusted for interest on the $X), or they could simply keep score and settle up at some later time.

              I’m pretty sure you’ll find that that already happens. IMO, you’ll find that’s why businesses invoice for the 20th of the month.

              • Antoine

                >> If there was an FTT, then B could simply arrange for A to pay C directly – halving the tax liability.

                > Wouldn’t that be, like, a Good Thing? You know, increased efficiency and stuff.

                Nah. Because electronic transactions are very cheap, in reality. Cutting out one transaction is of no real economic benefit. If you have to take the time to make special arrangements to make it happen, it will be a real economic loss.

                >>If there was an FTT, then either B could simply pay A an amount of ($Y – $X) (perhaps adjusted for interest on the $X), or they could simply keep score and settle up at some later time.

                > I’m pretty sure you’ll find that that already happens.

                It happens sometimes, but not always. It would happen more often under a FTT.

                For instance, if I have a transactional account, savings account and a mortgage at once (such things are not unknown), my bank will charge me several fees, pay me interest and charge me interest – separately. Under the FTT, I would expect the bank to save us money by lumping those transactions. To no real economic benefit.

                A.

                • Draco T Bastard

                  Nah. Because electronic transactions are very cheap, in reality. Cutting out one transaction is of no real economic benefit. If you have to take the time to make special arrangements to make it happen, it will be a real economic loss.

                  What if it’s removing an entire middleman that’s just not really needed? I’d say that would be a huge saving.

                  It happens sometimes, but not always. It would happen more often under a FTT.

                  I’m pretty sure you’ll find that businesses that have strong bilateral business do it all the time. It’d save them in administration and transaction costs.

                  For instance, if I have a transactional account, savings account and a mortgage at once (such things are not unknown), my bank will charge me several fees, pay me interest and charge me interest – separately. Under the FTT, I would expect the bank to save us money by lumping those transactions. To no real economic benefit.

                  You do understand that lumping those transactions together means that the government would still get the same tax right?

                  1% of five transactions @$1 each is going to be the same as 1% of one transaction of $5.

                  • Antoine

                    > What if it’s removing an entire middleman that’s just not really needed? I’d say that would be a huge saving.

                    ‘Huge’ seems like a stretch? Besides, in my example the middleman B is still needed to connect parties A and C together so they can transact with each other.

                    > I’m pretty sure you’ll find that businesses that have strong bilateral business do it all the time.

                    Some do, but not all, and not all pairs of businesses have strong bilateral business.

                    > You do understand that lumping those transactions together means that the government would still get the same tax right?
                    > 1% of five transactions @$1 each is going to be the same as 1% of one transaction of $5.

                    You are forgetting that some of the transactions are me paying the bank, some are the bank paying me. We only pay tax on the net transfer, which (in your example) can be as small as $1 (pay $3, get paid $2).

                    A.

                    • Draco T Bastard

                      Some do, but not all, and not all pairs of businesses have strong bilateral business.

                      That’s what I’m getting at. If some businesses already have strong bilateral connections then they’re already doing it. If they’re not already doing it then the tax will make no difference because it’s not worth doing it in the first place.

                    • Antoine

                      I think you exaggerate a little

                      A.

    • mikesh 1.4

      Won’t this add 3% to the cost of purchasing a home; i.e. 1% when you borrow the money, 1% when you purchase the house, and 1% when you repay the mortgage. Not to mention a further 1% on the interest.

      • dV 1.4.1

        BUT no income tax, no GST to compensate.

        Sorta like the model used by visa etc.

      • Antoine 1.4.2

        I bet I can think of innovative ways to avoid at least two of those 1%s occurring (or at least being seen by the NZ taxman).

        A.

        • dV 1.4.2.1

          The FTT would be attached to the banking system.

          • Antoine 1.4.2.1.1

            Transact through a bank outside NZ, or via bitcoin, or barter, or …

            A.

            • Antoine 1.4.2.1.1.1

              See e.g. https://www.ici.org/pubs/faqs/faqs_ftt#_q12:

              A transaction tax could be difficult to avoid or easy to administer, but it is unlikely to be both.

              The tax could be avoided simply by not trading. Indeed, one of the rationales for the tax is that it would reduce trading. However, the tax could also be avoided by changing the venue of the trade or the nature of the securities traded, as explained in the answer to Question 8 above.

              To minimize avoidance, the base of the transaction tax would need to be as broad as possible. However, broadening the base would make the tax harder to administer. To discourage transactions from moving offshore, both transaction tax rates and tax compliance would need to be coordinated internationally. Enforcing the tax on private (off-exchange) transactions would require much more reporting than currently occurs. Similarly, no system tracks exchanges in nonregistered securities. In addition, developments in financial markets would need to be closely monitored, as there would be an incentive to devise new ways to avoid the tax, such as designing new financial instruments.

              A.

              • DJ Ward

                Would it be just easier to ensure all citizens pay a genuine fair share of tax on any personal gain. Realised capital gain. Dividends. Interest, buisinesses profits, fees, contracts, withdrawal of funds from speculator websites, wages.

                Obviously all done in fair ways. Focused on the individuals responsibility to paying tax.

                If you try and tax imaginary transactions on the internet your dreaming. What happens to the losses in a trade. I think the tax on transactions is in the category.

                Milking : To remove liquid gold sustenance from a mammal.

                • Antoine

                  > Would it be just easier to ensure all citizens pay a genuine fair share of tax on any personal gain

                  Well, maybe it would, but this is no longer the FTT that James proposed.

                  A.

            • dV 1.4.2.1.1.2

              So you don’t bring any money in/out of NZ to live on etc.
              But A you are right, the unethical bludgers will find a way!!

              • Antoine

                You got it. This is why James Thrace’s estimate of the revenue the tax would generate is too high. I suspect at least 2x too high, maybe 10x.

                A.

            • Draco T Bastard 1.4.2.1.1.3

              And get jailed with loss of everything.

              Tax avoidance is illegal.

        • Dv 1.4.2.2

          Sorta like venuezla paying their workers in tyres.
          Got it,

          • Antoine 1.4.2.2.1

            Well paying your staff is one area where little or no avoidance is possible, I think, over and above what is already done to avoid income tax.

            A.

      • James Thrace 1.4.3

        Nope. The FTT only applies once money actually leaves the holder. So in this case the FTT would only be charged on the borrower’s account when the funds are transferred to the vendors.

        FTT doesn’t get applied to every transaction – just the transactions which have an exit point.

        So if you’re transferring money between your own accounts, at the same bank, i.e. from your everyday account to savings, that doesn’t incur an FTT as the money doesn’t have an exit point as it’s still with you.

        But if you transfer money from your account to another account entirely, with either the same or different banks, then an FTT is charged as there’s an exit point.

        The $1.2tn figure is actually the entire value of all electronic transactions that have an exit point. The total value of money moved in NZ is closer to $5tn a year. The majority of that is just money moved between accounts which wouldn’t have an FTT applied.

        So Antoine’s argument is somewhat misleading

  2. Puckish Rogue 2

    Releasing texts to show what was said…naah lets wheel out the baby, again

    https://spy.nzherald.co.nz/spy-news/jacinda-reveals-neve-s-christmas-costume/

    Don’t worry I’m sure its just a coincidence 🙂

  3. Politicians and scientists.

    Can we trust them?

    M K Davis discusses the 1973 film of a Thylacine on the mainland of …

  4. Agora 4

    Labour should prepare to fight the neoliberalism within the EU – Lexit is not an option. The cancellation of Brexit and the election of Jeremy Corbyn would transform the mood inEurope.

    https://www.newstatesman.com/politics/uk/2018/12/labour-should-prepare-fight-neoliberalism-within

    • Ad 4.1

      Corbyn has a great position on Brexit.

      And if you don’t like that one, he has others.

      • Agora 4.1.1

        .. so which is yours ?

        UK has been part of EU for 40 years and suddenly faces high tarrifs potentially crashing the economy in short order with unpredictable consequences.

        You do not seem to to have been involved in negotiation.

    • SpaceMonkey 4.2

      Are you kidding? EU will go out of their way to make life miserable for a Corbyn-led UK. He would be much better served hard Brexiting. That’s even worse a nightmare for the EU if Corbyn’s policies were successfully implemented…

  5. Philj 5

    I look forward to seeing how Jeremy Corbyn stops the neo liberal economic train wreck that is clearly unfolding before our eyes in real time.

  6. greywarshark 6

    From Kiwipolitico
    From a rules based order to a state of nature.
    Posted on 14:11, December 15th, 2018 by Pablo

    Once again, might makes right in international affairs. Once again, the strong dominate the weak. Once again, power is truth and there is no speaking contrary to it. We are sliding into international anarchy

    Policy-makers in Wellington can speak to the need for multinational norms and the importance of being an honest broker in a contentious world. But those claims hark to an international system that was stable and in which rules and norms were adhered to in the main rather than the exception.

    The big picture looks murky.

Recent Comments

Recent Posts

  • Support in place for people connected to Auckland COVID-19 cases
    With a suite of Government income support packages available, Minister for Social Development and Employment Carmel Sepuloni is encouraging people, and businesses, connected to the recent Auckland COVID-19 cases to check the Work and Income website if they’ve been impacted by the need to self-isolate. “If you are required to ...
    BeehiveBy beehive.govt.nz
    2 hours ago
  • Statement on passing of former PNG PM Sir Michael Somare
    Prime Minister Jacinda Ardern has expressed her condolences at the passing of long-serving former Prime Minister of Papua New Guinea, Grand Chief Sir Michael Somare. “Our thoughts are with Lady Veronica Somare and family, Prime Minister James Marape and the people of Papua New Guinea during this time of great ...
    BeehiveBy beehive.govt.nz
    22 hours ago
  • Drone project to aid protection of Māui dolphin
    The Government is backing a new project to use drone technology to transform our understanding and protection of the Māui dolphin, Aotearoa’s most endangered dolphin.    “The project is just one part of the Government’s plan to save the Māui dolphin. We are committed to protecting this treasure,” Oceans and Fisheries ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • New water regulator board announced as major Government reform moves forward
    Major water reform has taken a step closer with the appointment of the inaugural board of the Taumata Arowai water services regulator, Hon Nanaia Mahuta says. Former Director General of Health and respected public health specialist Dame Karen Poutasi will chair the inaugural board of Crown agency Taumata Arowai. “Dame ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Supporting work to protect Northland reserve
    New funding announced by Conservation Minister Kiri Allan today will provide work and help protect the unique values of Northland’s Te Ārai Nature Reserve for future generations. Te Ārai is culturally important to Te Aupōuri as the last resting place of the spirits before they depart to Te Rerenga Wairua. ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Critical step to new housing deal for Pacific communities
      Today the Government has taken a key step to support Pacific people to becoming Community Housing providers, says the Minister for Pacific Peoples, Aupito William Sio. “This will be great news for Pacific communities with the decision to provide Pacific Financial Capability Grant funding and a tender process to ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Consultation opens on proposed Bay of Islands marine mammal sanctuary
    Conservation Minister Kiri Allan is encouraging New Zealanders to have their say on a proposed marine mammal sanctuary to address the rapid decline of bottlenose dolphins in Te Pēwhairangi, the Bay of Islands. The proposal, developed jointly with Ngā Hapū o te Pēwhairangi, would protect all marine mammals of the ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Three District Court Judges appointed
    Attorney-General David Parker today announced the appointment of three new District Court Judges.    Two of the appointees will take up their roles on 1 April, replacing sitting Judges who have reached retirement age.     Kirsten Lummis, lawyer of Auckland has been appointed as a District Court Judge with jury jurisdiction to ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Government announces list of life-shortening conditions guaranteeing early KiwiSaver access
    Government announces list of life-shortening conditions guaranteeing early KiwiSaver access The Government changed the KiwiSaver rules in 2019 so people with life-shortening congenital conditions can withdraw their savings early The four conditions guaranteed early access are – down syndrome, cerebral palsy, Huntington’s disease and fetal alcohol spectrum disorder An alternative ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Reserve Bank to take account of housing in decision making
    The Reserve Bank is now required to consider the impact on housing when making monetary and financial policy decisions, Grant Robertson announced today. Changes have been made to the Bank’s Monetary Policy Committee’s remit requiring it to take into account government policy relating to more sustainable house prices, while working ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Investment to reduce cochlear implant waitlist
    The Labour Government will invest $6 million for 70 additional adult cochlear implants this year to significantly reduce the historical waitlist, Health Minister Andrew Little says. “Cochlear implants are life changing for kiwis who suffer from severe hearing loss. As well as improving an individual’s hearing, they open doors to ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Māori wards Bill passes third reading
    The Local Electoral (Māori Wards and Māori Constituencies) Amendment Bill passed its third reading today and will become law, Minister of Local Government Hon Nanaia Mahuta says. “This is a significant step forward for Māori representation in local government. We know how important it is to have diversity around ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Government delivers 1,000 more transitional housing places
    The Government has added 1,000 more transitional housing places as promised under the Aotearoa New Zealand Homelessness Action Plan (HAP), launched one year ago. Minister of Housing Megan Woods says the milestone supports the Government’s priority to ensure every New Zealander has warm, dry, secure housing. “Transitional housing provides people ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Second batch of Pfizer/BioNTech doses arrives safely – as the first vaccinations take place in the...
    A second batch of Pfizer/BioNTech vaccines arrived safely yesterday at Auckland International Airport, COVID-19 Response Minister Chris Hipkins says. “This shipment contained about 76,000 doses, and follows our first shipment of 60,000 doses that arrived last week. We expect further shipments of vaccine over the coming weeks,” Chris Hipkins said. ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • $18 million for creative spaces to make arts more accessible
    The Minister for Arts, Culture and Heritage Carmel Sepuloni has today announced $18 million to support creative spaces. Creative spaces are places in the community where people with mental health needs, disabled people, and those looking for social connection, are welcomed and supported to practice and participate in the arts ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Moriori Claims Settlement Bill passes first reading
    Treaty of Waitangi Negotiations Minister Andrew Little today welcomed Moriori to Parliament to witness the first reading of the Moriori Claims Settlement Bill. “This bill is the culmination of years of dedication and hard work from all the parties involved. “I am delighted to reach this significant milestone today,” Andrew ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Government action reduces child poverty
    22,400 fewer children experiencing material hardship 45,400 fewer children in low income households on after-housing costs measure After-housing costs target achieved a year ahead of schedule Government action has seen child poverty reduce against all nine official measures compared to the baseline year, Prime Minister and Minister for Child Poverty ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Entries open for the 2021 Prime Minister’s Education Excellence Awards
    It’s time to recognise the outstanding work early learning services, kōhanga reo, schools and kura do to support children and young people to succeed, Minister of Education Chris Hipkins says. The 2021 Prime Minister’s Education Excellence Awards are now open through until April 16. “The past year has reminded us ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Jobs for Nature benefits three projects
    Three new Jobs for Nature projects will help nature thrive in the Bay of Plenty and keep local people in work says Conservation Minister Kiri Allan. “Up to 30 people will be employed in the projects, which are aimed at boosting local conservation efforts, enhancing some of the region’s most ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Improvements to the Holidays Act on the way
    The Government has accepted all of the Holidays Act Taskforce’s recommended changes, which will provide certainty to employers and help employees receive their leave entitlements, Workplace Relations and Safety Minister Michael Wood announced today. Michael Wood said the Government established the Holidays Act Taskforce to help address challenges with the ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • NZ’s credit rating lifted as economy recovers
    The Government’s handling of the COVID-19 pandemic and faster than expected economic recovery has been acknowledged in today’s credit rating upgrade. Credit ratings agency Standard & Poor’s (S&P) today raised New Zealand’s local currency credit rating to AAA with a stable outlook. This follows Fitch reaffirming its AA+ rating last ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Speech to National Remembrance Service on the 10th anniversary of the Christchurch earthquake
    Tena koutou e nga Maata Waka Ngai Tuahuriri, Ngai Tahu whanui, Tena koutou. Nau mai whakatau mai ki tenei ra maumahara i te Ru Whenua Apiti hono tatai hono, Te hunga mate ki te hunga mate Apiti hono tatai hono, Te hunga ora ki te hunga ora Tena koutou, Tena ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Government reaffirms urgent commitment to ban harmful conversion practices
    The Minister of Justice has reaffirmed the Government’s urgent commitment, as stated in its 2020 Election Manifesto, to ban conversion practices in New Zealand by this time next year. “The Government has work underway to develop policy which will bring legislation to Parliament by the middle of this year and ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • New creative service aims to benefit 1,000 peoples’ careers
    Minister for Arts, Culture and Heritage and Social Development Hon Carmel Sepuloni today launched a new Creative Careers Service, which is expected to support up to 1,000 creatives, across three regions over the next two years. The new service builds on the most successful aspects of the former Pathways to ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Honey exporters busy meeting surging demand
    Overseas consumers eager for natural products in the face of the COVID-19 pandemic have helped boost honey export revenue by 20 percent to $425 million in the year to June 30, 2020, Agriculture Minister Damien O’Connor says.   “The results from the latest Ministry for Primary Industries’ 2020 Apiculture Monitoring ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government delivers more wellbeing support for young people
    Thanks to more than $10-million in new services from the Government, more rangatahi will be able to access mental health and addiction support in their community. Minister of Health Andrew Little made the announcement today while visiting Odyssey House Christchurch and acknowledged that significant events like the devastating earthquakes ten ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government eases visa restrictions for visitors in New Zealand
    Two month automatic visitor visa extension for most visitor visa holders Temporary waiver of time spent in New Zealand rule for visitor stays Visitor visa holders will be able to stay in New Zealand a little longer as the Government eases restrictions for those still here, the Minister of Immigration ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Push for sustainable tourism gathers pace
    The Tourism and Conservation Ministers say today’s report by the Parliamentary Commissioner for the Environment (PCE) adds to calls to overhaul the tourism model that existed prior to COVID19. “The PCE tourism report joins a chorus of analysis which has established that previous settings, which prioritised volume over value, are ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government extends dietary supplements regulations
    The Government is providing certainty for the dietary supplements industry as we work to overhaul the rules governing the products, Minister for Food Safety Dr Ayesha Verrall said. Dietary supplements are health and wellness products taken orally to supplement a traditional diet. Some examples include vitamin and mineral supplements, echinacea, ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • New Zealand to join the Council of Europe Convention on Cybercrime
    The Government is joining the Council of Europe Convention on Cybercrime (the Budapest Convention), Justice Minister Kris Faafoi and Minister for the Digital Economy and Communications Dr David Clark announced today. The decision progresses a recommendation by the Royal Commission of Inquiry into the Christchurch terror attack to accede to ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Appointment round in 2021 for Queen's Counsel
    Attorney-General David Parker announced today that an appointment round for Queen’s Counsel will take place in 2021.  Appointments of Queen’s Counsel are made by the Governor-General on the recommendation of the Attorney-General and with the concurrence of the Chief Justice. The Governor-General retains the discretion to appoint Queen’s Counsel in ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government support for businesses kicks in
    The new Resurgence Support Payment passed by Parliament this week will be available to eligible businesses now that Auckland will be in Alert Level 2 until Monday. “Our careful management of the Government accounts means we have money aside for situations like this. We stand ready to share the burden ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Final preparations to ensure Phase 1 of the vaccination rollout is ready to go
    A dry run of the end-to-end process shows New Zealand’s COVID-19 vaccination programme is ready to roll from Saturday, when the first border workers will receive the Pfizer/BioNTech vaccine, COVID-19 Response Minister Chris Hipkins says. “The trial run took place in Auckland, Wellington and Christchurch yesterday afternoon, ahead of the ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Free Period products to be available in all schools and kura
    From June this year, all primary, intermediate, secondary school and kura students will have access to free period products, Prime Minister Jacinda Ardern and Associate Education Minister Jan Tinetti announced today. The announcement follows a successful Access to Period Products pilot programme, which has been running since Term 3 last ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government accounts remain in good shape
    The latest update shows the Government’s books are again in better shape than forecast, meaning New Zealand is still in a strong position to respond to any COVID-19 resurgence. The Crown Accounts for the six months to the end of December were better than forecast in the Half-year Economic and ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • New DOC strategy champions responsible enjoyment of the outdoors
    The Department of Conservation’s (DOC) new Heritage and Visitor Strategy is fully focused on protecting and enhancing the value of New Zealand’s natural, cultural and historic heritage, while also promoting a sustainable environmental experience, Conservation Minister Kiri Allan says. “It has been a quarter of a century since DOC first developed ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • New Zealand to conclude its deployment to Afghanistan in 2021
    Prime Minister Jacinda Ardern, Foreign Affairs Minister Nanaia Mahuta and Defence Minister Peeni Henare have announced that New Zealand will conclude its deployment of the New Zealand Defence Force (NZDF) to Afghanistan by May 2021. “After 20 years of a NZDF presence in Afghanistan, it is now time to conclude ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Supporting Māori to Succeed in Trade – International Inter-Tribal Trade and Investment Organi...
    Thank you for the opportunity to speak with you today. This is a special time in our country. A little over a week ago, it was the anniversary of the signature by Māori and the British Crown of Te Tiriti O Waitangi (the Treaty of Waitangi), a founding document in ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Prime Minister’s statement on the arrest of former dual citizen in Turkey
    The Government is in contact with relevant authorities in Turkey following the arrest of a former Australian and New Zealand dual citizen there, Prime Minister Jacinda Ardern said. “Contingency planning for the potential return of any New Zealander who may have been in the conflict zone has been underway for ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Household incomes rise but more work needed
    Figures released today by Stats NZ show there was strong growth in median household incomes in 2020, before surveying was halted due to COVID-19. Stats NZ found the median annual household income rose 6.9 percent to $75,024 in the year to June 2020 compared with a year earlier. The survey ...
    BeehiveBy beehive.govt.nz
    2 weeks ago