Daily Review 28/01/2016

Written By: - Date published: 6:00 pm, January 28th, 2016 - 70 comments
Categories: Daily review - Tags:

David Shearer fish

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 …

70 comments on “Daily Review 28/01/2016 ”

  • Comments are now closed

  1. sabine 1
    28 January 2016 at 6:25 pm

    interesting article about more doom and gloom in the money markets…but then as they say, what goes up must fall down like an apple at some stage or something like that, after all I am not an economist.

    http://www.businessinsider.com/ray-dalio-ft-opinion-long-term-debt-2016-1

    the comments are very interesting too.

    • Paul 1.1
      28 January 2016 at 6:31 pm

      There is a lot of evidence that the worlds’ economy is about to collapse.

      A China Bank Contagion Could Blow Up Global Markets
      http://www.cnbc.com/2016/01/26/chinese-bank-outlook-in-2016.html

      Zombie ships send maritime freight into worst crisis in living memory
      http://www.telegraph.co.uk/finance/12108453/Zombie-ships-send-maritime-freight-into-worst-crisis-in-living-memory.html

      So Yes, the Oil Crash Looks a Lot Like Subprime
      http://www.bloomberg.com/news/articles/2016-01-25/so-yes-the-oil-crash-looks-a-lot-like-subprime

      • Draco T Bastard 1.1.1
        29 January 2016 at 11:23 am

        There is a lot of evidence that the worlds’ economy is about to collapse.

        I know I’m being pedantic here but what’s about to collapse is the world’s financial system and it’s going to collapse because it’s become disconnected from the real economy, disconnected from reality.

    • alwyn 1.2
      28 January 2016 at 6:38 pm

      Be grateful we still have a bit of room to play with.
      We are at 2.5%. The US Fed is currently at 0.5%. If we need to we can still lower the rate a bit.
      There was an old saw about monetary policy. It was described as a rope. You could hold down economic activity, by pulling on it. You couldn’t expand the activity by pushing.
      Most of the QE that went on may have provided money to the banks. They didn’t loan it though.

      • Paul 1.2.1
        28 January 2016 at 6:46 pm

        If we operated at the level other countries work at, our currency would not be speculated on.

      • sabine 1.2.2
        28 January 2016 at 6:49 pm

        this is from one of the comments under the post. Not sure if you bothered to read, but anyways

        ponder this, and see how it applies to NZ

        Quote: “In our present system, if everyone took every dollar they had and used it to pay off debt, there would be no money left — because ALL the money came from debt. You can’t have wealth when your system is based on Debt”

        rock star economy – one hit wonder, and other assorted bullshit.

      • Muttonbird 1.2.3
        28 January 2016 at 8:05 pm

        Liam Dann gets it…

        Current predictions are for about 2.4 per cent GDP growth this year. That’s a pretty good number by global standards.

        But growth underpinned largely by immigration and Government spending isn’t really sustainable growth.

        Emergencies measures will give the flagging economy a boost, lower rates will drive the dollar down and boost export returns, but these aren’t transformative solutions that this Government once talked about.

        http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11581216

      • Pat 1.2.4
        28 January 2016 at 9:34 pm

        if negative interest rates and QE arnt working for europe what makes you think it’ll work for NZ?

        • alwyn 1.2.4.1
          28 January 2016 at 9:49 pm

          I don’t. That is certainly NOT what I was trying to say., and rereading my comment I don’t think it is what I said.

          The reducing of interest rates has some effect but you have nowhere to go once you get down to zero. Negative rates will never work, as long as you have currency. It isn’t very safe but you can always store some bank notes under your mattress.
          We still have a little bit of interest rate movement to play with if we need to. The US and Europe don’t.

          QE? I don’t think it can possibly work if the banks, who basically get the money, simply sit on it and don’t make loans. If they get lots of extra money and loan it out wildly we will get inflation. We haven’t had inflation after the supposed QE because there wasn’t any easing was there?

          • Pat 1.2.4.1.1
            28 January 2016 at 10:07 pm

            “Be grateful we still have a bit of room to play with.
            We are at 2.5%. The US Fed is currently at 0.5%. If we need to we can still lower the rate a bit.”

            what were you trying to say then?

            “Negative rates will never work, as long as you have currency”

            of course not, that is not what they are designed for.

            “We haven’t had inflation after the supposed QE because there wasn’t any easing was there?”

            there has been and continues tone plenty of easing….into a sharemarket bubble and safe(?) government bonds….not into the productive economy where it was supposed to go to create the demand and inflation.

            The banks know there is no safe course of action and are scared shitless…and so they should be

          • Draco T Bastard 1.2.4.1.2
            29 January 2016 at 11:34 am

            The reducing of interest rates has some effect but you have nowhere to go once you get down to zero.

            Interest rates should always be at zero. Interest rates actually damage our society and this has been known for thousands of years. The bludgers want to keep them though so that they can get income without having to work.

            QE? I don’t think it can possibly work if the banks, who basically get the money, simply sit on it and don’t make loans.

            And that would be why you don’t give it to the banks/rich.

      • Draco T Bastard 1.2.5
        29 January 2016 at 11:28 am

        Most of the QE that went on may have provided money to the banks. They didn’t loan it though.

        We already knew that. And loaning it out would have made things worse off. It needed to be given directly to the people. I like Steve Keen’s idea of given everyone an equal amount but ensure that it’s used to pay down debt first.

        There was an old saw about monetary policy. It was described as a rope. You could hold down economic activity, by pulling on it. You couldn’t expand the activity by pushing.

        And like many old saws it’s complete bollocks. Sounds good but conveys no information or wisdom at all.

        So, that would be just like all of the Right-wings slogans.

      • AmaKiwi 1.2.6
        29 January 2016 at 10:14 pm

        They DID lend it out, but to merchant bankers (speculators) and giant corporations.

        As usual, trickle down never happened.

    • Paul 3.1
      28 January 2016 at 6:53 pm

      Good.About time these neo-liberals learnt some discipline.

      ‘David Shearer to be censured over breaking Labour line on TPP’
      http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11581234

      • Mr Burns 3.1.1
        28 January 2016 at 7:10 pm

        If one of my underlings behaved like this the hounds would be called double quick. The rest would expect this. Otherwise they might think that I had gone soft.

        • Pat 3.1.1.1
          28 January 2016 at 9:32 pm

          excellent

        • AmaKiwi 3.1.1.2
          29 January 2016 at 10:20 pm

          David Cunliffe would have been drawn and quartered for much less.

          Come to think of it, he was. I can’t have confidence in a leader who puts some of his most talented people on the back benches and promotes inexperience to the front?

          • Colonial Viper 3.1.1.2.1
            29 January 2016 at 11:30 pm

            It’s a typical sign of a failing organisation to promote inexperience and incompetence, while punishing experience and competence.

      • Anne 3.1.2
        28 January 2016 at 9:05 pm

        Josie Pagani puts the boot into Labour and Little for the umpteenth time.

        https://www.tvnz.co.nz/one-news/new-zealand/the-signal-is-confusing-divisions-in-labour-over-opposition-to-tpp

        Why has this bitch woman not been ditched as a Labour Party member?

        • weka 3.1.2.1
          28 January 2016 at 9:23 pm

          If they ditched her they’d have to ditch CV (and other dissenters to boot) 😉

          • Anne 3.1.2.1.1
            28 January 2016 at 9:53 pm

            Josie Pagani is different. She has set herself up as a “progressive” Labour member and proceeds to undermine Labour in public forums on TV, radio and in the newspapers. I doubt she privately communicates with anyone in or close to the Labour hierarchy about her concerns. Rather, as a lover of the limelight, she spends her time publicly undermining Little through the MSM at every opportunity – just as she did with Cunliffe. She’s a charlatan.

            • weka 3.1.2.1.1.1
              28 January 2016 at 10:17 pm

              Do you know if Labour have ever thrown out a high profile member? The Greens did a couple of years ago, but I can’t remember what the process was.

              • Anne …
                28 January 2016 at 10:25 pm

                In the past there have been members expelled but usually following police prosecution for unlawful activities such as theft or fraud. The most well known was Taito Phillip Field. I think others who have earned the displeasure of the party have simply been frozen out of contention for any office holding position, and that is usually enough to see them drop out of the party.

          • Colonial Viper 3.1.2.1.2
            29 January 2016 at 12:03 am

            If they ditched her they’d have to ditch CV (and other dissenters to boot

            ???

            What have you observed which makes you think that Labour acts with any internal consistency???

        • Olwyn 3.1.2.2
          28 January 2016 at 9:31 pm

          What Pagani says is predictable, and that she is often asked to say something is equally predictable. You would think that by now she would be getting a bit short on inside information. This is the bit that concerned me, “… Labour sources told ONE News that half the caucus expressed reservations as MPs met in Wairarapa to thrash out their position.” These people are supposedly well paid professionals, and its about time they grew up and learned when to shut up.

          • Anne 3.1.2.2.1
            28 January 2016 at 10:01 pm

            Labour sources told ONE News that half the caucus expressed reservations as MPs met in Wairarapa to thrash out their position.

            I have a strong suspicion Olwyn that claim might be a misrepresentation – or an exaggerated version – of what they did say. I appreciate some of them were still a little unsure which way to go prior to the meeting, but the whole tenor of that TV1 clip told me it was an attempt to undermine Little and Labour – hence the reason they are happy to use Josie Pagani.

            • Olwyn 3.1.2.2.1.1
              28 January 2016 at 10:12 pm

              My point is that caucus numbers seem to have been leaked to them, whether they are true or not. Goff and Shearer came out against the party’s position – Goff with a concession to do so. OK. But what goes on in caucus should stay in caucus. We have had enough of this kind of crap over the past few years.

        • Paul 3.1.2.3
          28 January 2016 at 10:03 pm

          She is part of the Shearer clique.

        • millsy 3.1.2.4
          28 January 2016 at 10:30 pm

          She needs to realise that handing businesses veto rights over our lawmaking is NOT core left wing progressive principles. Quite the opposite infact.

          The progressive socialist left wing movement was formed because people got sick of working in unsafe dangerous factories and coal mines for long hours, little pay and no breaks. The TPPA is designed to drag health and safety, labour laws, etc down to the the lowest level.

    • Colonial Viper 3.2
      28 January 2016 at 8:09 pm

      “A discussion”? If Cunliffe had been the one to speak out, Little and Robertson would have ripped Cunliffe a new one in five seconds flat.

      • Paul 3.2.1
        28 January 2016 at 8:11 pm

        Let’s wait and see if Little how deals with this.

        • Colonial Viper 3.2.1.1
          28 January 2016 at 8:22 pm

          I hardly think we need to wait and see. It’s already highly predictable.

          All you need to know is that Little had almost no support in the Labour caucus during the leadership election; on the other hand, Shearer still has the support of the key MPs who originally pushed him into the leadership role as well as all the ‘free market imperial globalists’ in the Labour caucus.

      • Hami Shearlie 3.2.2
        28 January 2016 at 11:40 pm

        All this goes to show that the story that Cunliffe was the one causing division in the Party Caucus was a big fat lie!!

    • greywarshark 3.3
      28 January 2016 at 8:54 pm

      What was the point of Shearer’s waving fish around in Parliament?

      And who are the two brawny guys who fronted up on Daily Review on 11/9/15?

      Questions……….

      • maui 3.3.1
        28 January 2016 at 9:04 pm

        To resemble the neo-liberal stench still emanating from Labour’s caucus?

      • Sacha 3.3.2
        28 January 2016 at 9:10 pm

        to ensure he subsequently got more time for fishing.

        • greywarshark 3.3.2.1
          29 January 2016 at 3:14 pm

          Thanks you two I award you both chocolate fish, which on second thoughts will only get spoilt in transit so I’ll eat them myself and think of you.

          But seeing you are so up with it, what about my query about the Mr Nature guys showing off their abs? Who, what, why?

  4. Pasupial 4
    28 January 2016 at 7:03 pm

    I skipped over this bit when I saw Nash’s name, but on re-reading it does have some good points. Also admission by police of National Directive for activist intimidation leading up to TPPA signing!

    “During every single TPP rally, I can’t recall any instances where protesters have been violent or aggressive.

    “Unless the police know something we don’t, the protesters have the absolute right to voice their concerns, as we live in a democracy.”

    Mr Nash said he didn’t blame frontline police for the tactic.

    “They’re just following a directive from above, and it would be good to know why the police hierarchy feel this is a necessary step, and it would be good to know if they actually know if the protesters plan to engage in civil disobedience.”

    Police said the visit was part of a national directive to visit activists in the lead up to Friday’s protests.

    There have been scattered reports of anti-TPP activists in Auckland being called or otherwise tracked down by the police for questioning about their protest plans.

    http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11581217

    [I have been commenting about this over on Open Mike – for context:

    http://thestandard.org.nz/open-mike-28012016/#comment-1124924%5D

    • Anne 4.1
      28 January 2016 at 8:14 pm

      “They’re just following a directive from above, and it would be good to know why the police hierarchy feel this is a necessary step…

      Because the “national directive” comes from the PM’s Office? I expect so. It only needs a nod and a wink from the PM’s chief of staff and the police hierarchy know exactly what is expected of them.

    • Rosemary McDonald 4.2
      28 January 2016 at 8:15 pm

      We have been promised a family friendly gathering, and a noisy but peaceful stroll down Queen St.

      Placards and flags optional but desired.

      Bring sunhats and plenty of drinks.

      Let’s set a record.

    • Draco T Bastard 4.3
      29 January 2016 at 11:53 am

      And National takes us even closer to 1984.

  6. Muttonbird 6
    28 January 2016 at 8:18 pm

    Bugger me, it gets worse…

    Another $400,000 added to bill
    The Ministry of Education updated the cost of the Whangaruru school from $4.8 million to $5.2 million dollars this afternoon.
    It said the extra $400,000 was a payment it was obliged to make for the first quarter of this year, even though the school will not be open.
    The money will be paid to the owners of the school, Nga Parirau Matauranga Trust, and the Ministry said only a portion of it will be recoverable.

    http://www.radionz.co.nz/news/political/295135/charter-school-a-waste-of-public-money-ppta

    …I assume Farrar and the Taxpayers Union will be all over this tomorrow.

    • b waghorn 6.1
      28 January 2016 at 10:52 pm

      Dear Mr key I have a barely used bridge in London , as you are a very astute business man I would love to give you the first option of purchase on said bridge. At no extra cost I will let you pay me twice for this bridge.
      Yours b waghorn esq.

  7. Tautuhi 7
    29 January 2016 at 7:31 am

    Maybe Key has dangled a carrot in front of Shearers nose?

Recent Comments

Recent Posts

  • PM announces changes to portfolios
    Paul Goldsmith will take on responsibility for the Media and Communications portfolio, while Louise Upston will pick up the Disability Issues portfolio, Prime Minister Christopher Luxon announced today. “Our Government is relentlessly focused on getting New Zealand back on track. As issues change in prominence, I plan to adjust Ministerial ...
    BeehiveBy beehive.govt.nz
    24 hours ago

  • New catch limits for unique fishery areas
    Recreational catch limits will be reduced in areas of Fiordland and the Chatham Islands to help keep those fisheries healthy and sustainable, Oceans and Fisheries Minister Shane Jones says. The lower recreational daily catch limits for a range of finfish and shellfish species caught in the Fiordland Marine Area and ...
    BeehiveBy beehive.govt.nz
    1 day ago

  • Minister welcomes hydrogen milestone
    Energy Minister Simeon Brown has welcomed an important milestone in New Zealand’s hydrogen future, with the opening of the country’s first network of hydrogen refuelling stations in Wiri. “I want to congratulate the team at Hiringa Energy and its partners K one W one (K1W1), Mitsui & Co New Zealand ...
    BeehiveBy beehive.govt.nz
    2 days ago

  • Urgent changes to system through first RMA Amendment Bill
    The coalition Government is delivering on its commitment to improve resource management laws and give greater certainty to consent applicants, with a Bill to amend the Resource Management Act (RMA) expected to be introduced to Parliament next month. RMA Reform Minister Chris Bishop has today outlined the first RMA Amendment ...
    BeehiveBy beehive.govt.nz
    2 days ago

  • Overseas decommissioning models considered
    Overseas models for regulating the oil and gas sector, including their decommissioning regimes, are being carefully scrutinised as a potential template for New Zealand’s own sector, Resources Minister Shane Jones says. The Coalition Government is focused on rebuilding investor confidence in New Zealand’s energy sector as it looks to strengthen ...
    BeehiveBy beehive.govt.nz
    2 days ago

  • Release of North Island Severe Weather Event Inquiry
    Emergency Management and Recovery Minister Mark Mitchell has today released the Report of the Government Inquiry into the response to the North Island Severe Weather Events. “The report shows that New Zealand’s emergency management system is not fit-for-purpose and there are some significant gaps we need to address,” Mr Mitchell ...
    BeehiveBy beehive.govt.nz
    2 days ago

  • Justice Minister to attend Human Rights Council
    Justice Minister Paul Goldsmith is today travelling to Europe where he’ll update the United Nations Human Rights Council on the Government’s work to restore law and order.  “Attending the Universal Periodic Review in Geneva provides us with an opportunity to present New Zealand’s human rights progress, priorities, and challenges, while ...
    BeehiveBy beehive.govt.nz
    3 days ago

  • Patterson reopens world’s largest wool scouring facility
    Associate Agriculture Minister, Mark Patterson, formally reopened the world’s largest wool processing facility today in Awatoto, Napier, following a $50 million rebuild and refurbishment project. “The reopening of this facility will significantly lift the economic opportunities available to New Zealand’s wool sector, which already accounts for 20 per cent of ...
    BeehiveBy beehive.govt.nz
    3 days ago

  • Speech to the Southland Otago Regional Engineering Collective Summit, 18 April 2024
    Hon Andrew Bayly, Minister for Small Business and Manufacturing  At the Southland Otago Regional Engineering Collective (SOREC) Summit, 18 April, Dunedin    Ngā mihi nui, Ko Andrew Bayly aho, Ko Whanganui aho    Good Afternoon and thank you for inviting me to open your summit today.    I am delighted ...
    BeehiveBy beehive.govt.nz
    3 days ago

  • Government to introduce revised Three Strikes law
    The Government is delivering on its commitment to bring back the Three Strikes legislation, Associate Justice Minister Nicole McKee announced today. “Our Government is committed to restoring law and order and enforcing appropriate consequences on criminals. We are making it clear that repeat serious violent or sexual offending is not ...
    BeehiveBy beehive.govt.nz
    3 days ago

  • New diplomatic appointments
    Foreign Minister Winston Peters has today announced four new diplomatic appointments for New Zealand’s overseas missions.   “Our diplomats have a vital role in maintaining and protecting New Zealand’s interests around the world,” Mr Peters says.    “I am pleased to announce the appointment of these senior diplomats from the ...
    BeehiveBy beehive.govt.nz
    3 days ago

  • Humanitarian support for Ethiopia and Somalia
    New Zealand is contributing NZ$7 million to support communities affected by severe food insecurity and other urgent humanitarian needs in Ethiopia and Somalia, Foreign Minister Rt Hon Winston Peters announced today.   “Over 21 million people are in need of humanitarian assistance across Ethiopia, with a further 6.9 million people ...
    BeehiveBy beehive.govt.nz
    3 days ago

  • Arts Minister congratulates Mataaho Collective
    Minister for Arts, Culture and Heritage Paul Goldsmith is congratulating Mataaho Collective for winning the Golden Lion for best participant in the main exhibition at the Venice Biennale. "Congratulations to the Mataaho Collective for winning one of the world's most prestigious art prizes at the Venice Biennale.  “It is good ...
    BeehiveBy beehive.govt.nz
    4 days ago

  • Supporting better financial outcomes for Kiwis
    The Government is reforming financial services to improve access to home loans and other lending, and strengthen customer protections, Commerce and Consumer Affairs Minister Andrew Bayly and Housing Minister Chris Bishop announced today. “Our coalition Government is committed to rebuilding the economy and making life simpler by cutting red tape. We are ...
    BeehiveBy beehive.govt.nz
    4 days ago

  • Trade relationship with China remains strong
    “China remains a strong commercial opportunity for Kiwi exporters as Chinese businesses and consumers continue to value our high-quality safe produce,” Trade and Agriculture Minister Todd McClay says.   Mr McClay has returned to New Zealand following visits to Beijing, Harbin and Shanghai where he met ministers, governors and mayors and engaged in trade and agricultural events with the New ...
    BeehiveBy beehive.govt.nz
    4 days ago

  • PM’s South East Asia mission does the business
    Prime Minister Christopher Luxon has completed a successful trip to Singapore, Thailand and the Philippines, deepening relationships and capitalising on opportunities. Mr Luxon was accompanied by a business delegation and says the choice of countries represents the priority the New Zealand Government places on South East Asia, and our relationships in ...
    BeehiveBy beehive.govt.nz
    5 days ago

  • $41m to support clean energy in South East Asia
    New Zealand is demonstrating its commitment to reducing global greenhouse emissions, and supporting clean energy transition in South East Asia, through a contribution of NZ$41 million (US$25 million) in climate finance to the Asian Development Bank (ADB)-led Energy Transition Mechanism (ETM). Prime Minister Christopher Luxon and Climate Change Minister Simon Watts announced ...
    BeehiveBy beehive.govt.nz
    6 days ago

  • Minister releases Fast-track stakeholder list
    The Government is today releasing a list of organisations who received letters about the Fast-track applications process, says RMA Reform Minister Chris Bishop. “Recently Ministers and agencies have received a series of OIA requests for a list of organisations to whom I wrote with information on applying to have a ...
    BeehiveBy beehive.govt.nz
    6 days ago

  • Judicial appointments announced
    Attorney-General Judith Collins today announced the appointment of Wellington Barrister David Jonathan Boldt as a Judge of the High Court, and the Honourable Justice Matthew Palmer as a Judge of the Court of Appeal. Justice Boldt graduated with an LLB from Victoria University of Wellington in 1990, and also holds ...
    BeehiveBy beehive.govt.nz
    6 days ago

  • Education Minister heads to major teaching summit in Singapore
    Education Minister Erica Stanford will lead the New Zealand delegation at the 2024 International Summit on the Teaching Profession (ISTP) held in Singapore. The delegation includes representatives from the Post Primary Teachers’ Association (PPTA) Te Wehengarua and the New Zealand Educational Institute (NZEI) Te Riu Roa.  The summit is co-hosted ...
    BeehiveBy beehive.govt.nz
    6 days ago

  • Value of stopbank project proven during cyclone
    A stopbank upgrade project in Tairawhiti partly funded by the Government has increased flood resilience for around 7000ha of residential and horticultural land so far, Regional Development Minister Shane Jones says. Mr Jones today attended a dawn service in Gisborne to mark the end of the first stage of the ...
    BeehiveBy beehive.govt.nz
    6 days ago

  • Anzac commemorations, Türkiye relationship focus of visit
    Foreign Affairs Minister Winston Peters will represent the Government at Anzac Day commemorations on the Gallipoli Peninsula next week and engage with senior representatives of the Turkish government in Istanbul.    “The Gallipoli campaign is a defining event in our history. It will be a privilege to share the occasion ...
    BeehiveBy beehive.govt.nz
    6 days ago

  • Minister to Europe for OECD meeting, Anzac Day
    Science, Innovation and Technology and Defence Minister Judith Collins will next week attend the OECD Science and Technology Ministerial conference in Paris and Anzac Day commemorations in Belgium. “Science, innovation and technology have a major role to play in rebuilding our economy and achieving better health, environmental and social outcomes ...
    BeehiveBy beehive.govt.nz
    6 days ago

  • Comprehensive Partnership the goal for NZ and the Philippines
    Prime Minister Christopher Luxon held a bilateral meeting today with the President of the Philippines, Ferdinand Marcos Jr.  The Prime Minister was accompanied by MP Paulo Garcia, the first Filipino to be elected to a legislature outside the Philippines. During today’s meeting, Prime Minister Luxon and President Marcos Jr discussed opportunities to ...
    BeehiveBy beehive.govt.nz
    7 days ago

  • Government commits $20m to Westport flood protection
    The Government has announced that $20 million in funding will be made available to Westport to fund much needed flood protection around the town. This measure will significantly improve the resilience of the community, says Local Government Minister Simeon Brown. “The Westport community has already been allocated almost $3 million ...
    BeehiveBy beehive.govt.nz
    7 days ago

  • Taupō takes pole position
    The Government is proud to support the first ever Repco Supercars Championship event in Taupō as up to 70,000 motorsport fans attend the Taupō International Motorsport Park this weekend, says Economic Development Minister Melissa Lee. “Anticipation for the ITM Taupō Super400 is huge, with tickets and accommodation selling out weeks ...
    BeehiveBy beehive.govt.nz
    7 days ago

  • Cost of living support for low-income homeowners
    Local Government Minister Simeon Brown has announced an increase to the Rates Rebate Scheme, putting money back into the pockets of low-income homeowners.  “The coalition Government is committed to bringing down the cost of living for New Zealanders. That includes targeted support for those Kiwis who are doing things tough, such ...
    BeehiveBy beehive.govt.nz
    7 days ago

  • Government backing mussel spat project
    The Coalition Government is investing in a project to boost survival rates of New Zealand mussels and grow the industry, Oceans and Fisheries Minister Shane Jones has announced. “This project seeks to increase the resilience of our mussels and significantly boost the sector’s productivity,” Mr Jones says. “The project - ...
    BeehiveBy beehive.govt.nz
    7 days ago

  • Government focused on getting people into work
    Benefit figures released today underscore the importance of the Government’s plan to rebuild the economy and have 50,000 fewer people on Jobseeker Support, Social Development and Employment Minister Louise Upston says. “Benefit numbers are still significantly higher than when National was last in government, when there was about 70,000 fewer ...
    BeehiveBy beehive.govt.nz
    1 week ago

  • Clean energy key driver to reducing emissions
    The Government’s commitment to doubling New Zealand’s renewable energy capacity is backed by new data showing that clean energy has helped the country reach its lowest annual gross emissions since 1999, Climate Change Minister Simon Watts says. New Zealand’s latest Greenhouse Gas Inventory (1990-2022) published today, shows gross emissions fell ...
    BeehiveBy beehive.govt.nz
    1 week ago

  • Earthquake-prone buildings review brought forward
    The Government is bringing the earthquake-prone building review forward, with work to start immediately, and extending the deadline for remediations by four years, Building and Construction Minister Chris Penk says. “Our Government is focused on rebuilding the economy. A key part of our plan is to cut red tape that ...
    BeehiveBy beehive.govt.nz
    1 week ago

  • Thailand and NZ to agree to Strategic Partnership
    Prime Minister Christopher Luxon and his Thai counterpart, Prime Minister Srettha Thavisin, have today agreed that New Zealand and the Kingdom of Thailand will upgrade the bilateral relationship to a Strategic Partnership by 2026. “New Zealand and Thailand have a lot to offer each other. We have a strong mutual desire to build ...
    BeehiveBy beehive.govt.nz
    1 week ago

  • Government consults on extending coastal permits for ports
    RMA Reform Minister Chris Bishop and Transport Minister Simeon Brown have today announced the Coalition Government’s intention to extend port coastal permits for a further 20 years, providing port operators with certainty to continue their operations. “The introduction of the Resource Management Act in 1991 required ports to obtain coastal ...
    BeehiveBy beehive.govt.nz
    1 week ago

  • Inflation coming down, but more work to do
    Today’s announcement that inflation is down to 4 per cent is encouraging news for Kiwis, but there is more work to be done - underlining the importance of the Government’s plan to get the economy back on track, acting Finance Minister Chris Bishop says. “Inflation is now at 4 per ...
    BeehiveBy beehive.govt.nz
    1 week ago

  • School attendance restored as a priority in health advice
    Refreshed health guidance released today will help parents and schools make informed decisions about whether their child needs to be in school, addressing one of the key issues affecting school attendance, says Associate Education Minister David Seymour. In recent years, consistently across all school terms, short-term illness or medical reasons ...
    BeehiveBy beehive.govt.nz
    1 week ago

  • Unnecessary bureaucracy cut in oceans sector
    Oceans and Fisheries Minister Shane Jones is streamlining high-level oceans management while maintaining a focus on supporting the sector’s role in the export-led recovery of the economy. “I am working to realise the untapped potential of our fishing and aquaculture sector. To achieve that we need to be smarter with ...
    BeehiveBy beehive.govt.nz
    1 week ago

  • Patterson promoting NZ’s wool sector at International Congress
    Associate Agriculture Minister Mark Patterson is speaking at the International Wool Textile Organisation Congress in Adelaide, promoting New Zealand wool, and outlining the coalition Government’s support for the revitalisation the sector.    "New Zealand’s wool exports reached $400 million in the year to 30 June 2023, and the coalition Government ...
    BeehiveBy beehive.govt.nz
    1 week ago

  • Removing red tape to help early learners thrive
    The Government is making legislative changes to make it easier for new early learning services to be established, and for existing services to operate, Associate Education Minister David Seymour says. The changes involve repealing the network approval provisions that apply when someone wants to establish a new early learning service, ...
    BeehiveBy beehive.govt.nz
    1 week ago

  • RMA changes to cut coal mining consent red tape
    Changes to the Resource Management Act will align consenting for coal mining to other forms of mining to reduce barriers that are holding back economic development, Resources Minister Shane Jones says. “The inconsistent treatment of coal mining compared with other extractive activities is burdensome red tape that fails to acknowledge ...
    BeehiveBy beehive.govt.nz
    1 week ago

  • McClay reaffirms strong NZ-China trade relationship
    Trade, Agriculture and Forestry Minister Todd McClay has concluded productive discussions with ministerial counterparts in Beijing today, in support of the New Zealand-China trade and economic relationship. “My meeting with Commerce Minister Wang Wentao reaffirmed the complementary nature of the bilateral trade relationship, with our Free Trade Agreement at its ...
    BeehiveBy beehive.govt.nz
    1 week ago

Page generated in The Standard by Wordpress at 2024-04-25T00:09:16+00:00