web analytics

Eat the rich

Written By: - Date published: 9:06 am, April 22nd, 2020 - 47 comments
Categories: class, class war, tax - Tags: ,

It appears that Richard Branson’s Virgin Airlines empire may be on the skids.

He is believed to be worth $8 billion but it seems that even the Atlasses of the business world are not beyond trying to become state beneficiaries from time to time.

He has written to staff saying that the airline needed Government support to survive.

From Radio New Zealand:

Sir Richard said in his letter to staff: “Many airlines around the world need government support and many have already received it.” The crisis facing airlines, and the staff they employ, was “unprecedented,” he said.

Despite his wealth, this did not mean he had “cash in a bank account ready to withdraw”. And he hit back at criticism that he was a tax exile who did not deserve help, saying he and his wife “did not leave Britain for tax reasons but for our love of the beautiful British Virgin Islands and in particular Necker Island”.

He said Necker would be offered as security for any loans. “As with other Virgin assets, our team will raise as much money against the island as possible to save as many jobs as possible around the group,” Sir Richard said.

It is interesting that he should be seeking Government support. He changed his tax status so that he would not have to put up with the drudgery of paying tax to one of the entities that he is now seeking help from.

Taylor Bell at Yahoo Finance last year had this description of what happened:

As the founder of Virgin Records and Virgin Atlantic airlines, Richard Branson is a business mogul sitting on a cool $5 billion fortune. Although he hails from the U.K., his primary residence is on Necker Island, an island in the Caribbean that he purchased for $180,000. Branson has repeatedly been accused of escaping to Necker Island as a way out of paying taxes due to the lack of income taxes there, but the Virgin mogul has denied this.

“I have not left Britain for tax reasons but for my love of the beautiful British Virgin Islands,” Branson wrote on the Virgin website in 2013, according to The Telegraph.

As a resident in the U.K., Branson would have to pay 50 percent of his income in taxes, compared to zero percent income taxes as a permanent resident on Necker Island.

The story is not clear but I presume that Branson could have spent time in Nectar Island but still have kept his UK tax status. Diddums that he did not do this.

Virgin Australia has collapsed. Branson’s response was to hit out at the failure of the Australian Government to stump up with a loan, saying:

In most countries federal governments have stepped in. Sadly, that has not happened in Australia.”

Pure dog eat dog capitalism, of which Branson has been a keen proponent, demands that the company’s assets be sold for whatever price they can get, for banks to strip its secured loans out and for shareholders to then take a bath. Survival of the fittest.

It shows incredible nerve to arrange your finances so that you do not pay tax on huge earnings, and then demand money from two different governments to keep your empire going.

And on the subject on the rich there have been recent suggestions that New Zealand should officially declare its position as a bolthole for foreign billionaires. Rod Drury reckons we should allow them to emigrate, own land, let them subdivide and let the wealth trickle down to the rest of us.

From Victoria Young at the Herald:

Drury reckoned if 1,000 sections were made available for foreign owners wanting to build luxury houses they could commit $5 million upfront each easily and straight away give architects and engineers work, with construction starting within 6 months.

“In my experience, these people are light on the consumption of roading, education and health, they pay GST and are very good at connecting to us to help businesses grow.”

“I’m not saying give them passports,” said Drury, who made headlines for supporting the citizenship of American tech entrepreneur and key Xero investor Peter Thiel.

Of course previous examples have worked out so well. Queenstown is awash with rich boltholers as well as doss houses where workers have shifts when they can use beds.

Maybe we should contemplate a scheme whereby billionaires could emigrate to New Zealand. As long as they agree to a one off capital gains tax of 90% of their acquired wealth.

47 comments on “Eat the rich ”

  1. pat 2

    "He is believed to be worth $8 billion but it seems that even the Atlasses of the business world are not beyond trying to become state beneficiaries from time to time."

    From time to time?….think you misunderstand the business model, they are permanent state beneficiaries.

    • Blazer 2.1

      Speaking of billionaires…ex Tiger Fund supremo…

      'American billionaire and philanthropist Julian Robertson's various entities received $1.2m to pay 180 staff at exclusive lodges and golf clubs in Queenstown, Cape Kidnappers and Kauri Cliffs. The Millbrook Country Club near Queenstown got $1.9m for 290 staff and Christchurch's plum golf club and resort Clearwater secured $140,503 for 20 staff.'-Stuff.

  2. Ad 3

    Tens of thousands of us are going to be doing this on a smaller scale.

    He's trying to save both his own wealth and thousands of Australian jobs at the same time. It's not to be sneezed at if you work for Virgin AU.

    What distinguishes us from Richard Branson is that we are citizens who contribute to our countries by paying tax.

    Which is why he lives on that island: a multi-decade-long tax dodge.

    So it would be quite appropriate for him to put the island up, and to lose it in a mortgagee sale to prop up the jobs of thousands of workers.

    • Andre 3.1

      Make it a condition that he move his residency back to a jurisdiction where he pays taxes and make him pay back taxes he's avoided before any bailout happens.

    • Barfly 3.2

      " He's trying to save both his own wealth and thousands of Australian jobs at the same time."

      Air passenger transport is not going to return to what used to be normal for a hell of a long time – if ever. The vast majority of those jobs are just gone – period.

      So that leaves us with saving his own wealth – stuff him.

    • clare 3.3

      sure, but if he bouht the island for $180,000 how much is it going to raise either as security for a loan or in a mortgagee sale?

  3. Obtrectator 4

    "Rod Drury reckons we should allow them to emigrate, own land, let them subdivide and let the wealth trickle down to the rest of us."

    Memo to RD: the wealth doesn't $%&*ing well trickle down. All this time as an economist, and he hasn't realised that YET?

    • RedLogix 4.1

      let the wealth trickle down to the rest of us.

      Indeed economists are often not very good mathematicians. Wealth is not additive, it is multiplicative.

    • pat 4.2

      Drury well aware of the direction of flow….hes betting on others not having the same knowledge…suspect he may lose that bet.

      • Wensleydale 4.2.1

        I guess advocating (I was going to use the word 'shilling' but I have no idea if Drury is paid for his efforts) for the ultra-wealthy is a profitable enterprise. I'm sure Rod has the best interests of all of New Zealand at heart and just wants everyone to prosper. Bless him. After the Peter Thiel episode, you'd think he'd perhaps take a moment to contemplate the optics… apparently not.

        • pat 4.2.1.1

          I guess he really has nothing at stake…or perceives nothing at risk, a no loss position.

          He may, as you note want to reconsider that as what he is likely to succeed in doing is further drawing attention to the issue…but then the elites famously feel invincible.

          Until they're not

  4. Tiger Mountain 5

    Wealth, including technological advance and other necessary features of society, is created by the physical and intellectual labour of the world’s workers. Parasites like Mr Branson are surplus to requirements–even more obvious now in a global crisis.

    Many that keep a service based economy ticking along in NZ are currently parked up in suburban lairs, farmlets, and less salubrious accomodation, across the land; while carers, drivers, power technicians, retail staff, logistics, dairy industry staff, Police, Civil Defence and Military etc. are still hard at it, working in the face of significant risk.

    “Shareholder value”, property booms, Stock buy backs, leveraged buyouts, Investment funds, the workings of Finance Capital are freshly exposed largely as the vampiric ponzi schemes they always were.

    It is up to the NZ people now to take the fork in the road that says to US 1%ers like Thiel–“sod off…don’t even think about it”

  5. More 1% percenters coming here and sticking their ugly mansions where they can be seen in our outstanding natural landscape, thus wrecking it. Perfect.

    Rod Drury showing his true colours.

  6. RedLogix 7

    Branson's problem (and remember he's only a minority shareholder in Virgin Australia) is that Australia is really not quite big enough to sustain two full domestic carriers even in good times. Virgin's threat is not the immediate crisis, it's the $5.3b of debt they were carrying when the crisis hit.

    • Muttonbird 7.1

      Also, governments tend to bail out their own flag carriers as strategic assets, not private sector cowboys.

  7. halfcrown 8

    Hang on a minute.

    Didn't this parasitical prat sue the NHS over something and got a payout from them?

  8. Dawn Trenberth 9

    Love the idea of the one off capital gains tax. After that we really need a much higher top tax rate which they along with others would have to pay. It would help us find the money we need to spend on our health system including state of the art contact tracing.

    • Descendant Of Smith 9.1

      Capital gains is too complicated. Just bring back stamp duty on the sale. Extend stamp duty to things like art after the initial artist sale as well.

  9. Jum 10

    Billionaires can only wear one outfit at a time. 'Five' million New Zealanders can wear 'five' million outfits at a time. Spot the retail value difference here?

    These bill's have already flown in to bunkers here. They're really not egalitarians; over the last month or so, we've had a revival of true egalitarianism in our people here. Let's not lose that; let's not 'eat the rich'. Let's eject them. They can't be too clever practically for our no 8 wire philosophy. One of them didn't even know how to get into his bunker!

    Fran can just take a hike with her advocating for the rich and useless. Unless these bill's are going to donate half their fortune to be shared amongst every New Zealander and pay full taxes they should be refused entry or shipped back out of here.

    I bet the greedy percentage of our homegrown bill's are either living overseas or their billions are. Their worth is like trying to eat sweetcorn on the cob with no teeth! Zilch, zero, nada.

    The 'billionaires' of value to me are the ones that produce product not money-movements. We can't even charge the money movers a transaction tax on that useless activity to everyone but their own ever-increasing wealth. That's a crime in itself.
    They have never made all that money themselves; it has always required government input or asset sales.

    I'd rather have quality like: 'Neil Oliver is a British television presenter, freelance archaeologist, conservationist and author. He is best known as a presenter of several BBC historical and archaeological documentary series ' Coast included.

    Yes I'm still a dreamer, but better days are ahead of us. I just know it.

    • Jum 10.1

      Oh dear, Peter Beck doesn't like my ' no 8 wire philosophy ' phrase. He wants it to be called 'ingenuity'.

  10. bill 11

    Y'all know that liberalism is based on notions of innate superiority, aye?

    Not saying there haven't been subtle shifts over time, but the basic idea that white and male and property owner sits next to godliness, while "the rest of us" are fallen in various ways and to be 'let go' if beyond 'saving' … that idea persists.

    You can see it all around you when inter-generational trauma is dismissed as bad personal choice or lack of moral fibre – the poor person/the drug taker/the gambler and the drinker…etc.

    – sigh – cue protestations of "my liberalism is benign" from some commenters, aye?

    Bottom line. If you're a liberal and not a hypocrite, then you ought to be urging your peers to cater to the needs of 'betters' like Branson.

    • Peter ChCh 11.1

      Virgin is majority owned by a mix of Arab (20%), Singapoean (20%) and Chinese owners (40%). Not a lot of whites amongst that lot. Racist and foolish comment Bill.

      [Hey, bell end! That reply an urge to demonstrate what a fantastic dick you are? Here’s what’s going to happen now. You are going to read the comment again (particularly the bit about “subtle shifts”) and then you are going to demonstrate a degree of humility by retracting that accusation of racism – or you’re going to explain in very clear terms, and with reference to all relevant historical and cultural contexts, how my comment can reasonably be construed as racist. Option three is to do neither and wait til I come back to the site and ban your arse. Your choice.] – B.

  11. thebiggestfish 12

    Thoroughly enjoy the standard community but god there is some dribble on here sometimes. Not a huge Branson fan but he has a minor stake in virgin Australia. Virgin group of which Branson is the majority shareholder owns just 10% of Virgin Australia. Branson’s ownership in the company is tiny. I for one have no issue with him using his brand/status to try and get an Aussie government bailout or assistance for Virgin Australia of it will protect some of those jobs. Of course that bailout in my opinion should either be a loan with commercial interest rates repayable before any shareholder distributions via dividends or share buy backs. Or alternatively a slice of the equity in Virgin Australia that the government can dispose of in the future should it so choose too. Just my two cents. Click bait post (rolls eyes).

  12. Peter ChCh 13

    Virgin Australia is owned 20% by the Nanshan Group and 20% by he HNA Group, which are effectively owned by the China government.

    I really would hope that Australia does not slide money to Virgin that will ultimately benefit the Chinese government that let the virus out of the bag in the first place and then has lied non stop about it ever since. In any case, the post virus world will not need all these low grade airlines for the next decade or so.

    • left_forward 13.1

      Privately owned according to Wikipedia.

      • RedLogix 13.1.1

        Virtually all major Chinese enterprises have major CCP shareholdings or controlling covenants with state owned banks. Senior CCP cadres own vast swathes of their economy.

        A few years back Xi Xinping reacted most viciously to investigative reports that revealed just how wealthy him and his family were. That's a data point they're very keen to keep quiet.

        Yet around here it's apparent that it's only appropriate to 'eat the rich' when they're also white.

  13. florabunda 14

    Queenstown is like a once beautiful woman who has become an ugly drug addict – thanks to the likes of Drury, off-shore investors and local greed.

    Tourism is a cancer destroying the economy and the environment of of NZ.

  14. tony 15

    Nah, let's just eat them ..

    • RedLogix 15.1

      No … lets eat the poor. There are many more of them and ‘they will always be with us’. /sarc

      • Alice Tectonite 15.1.1

        A more modest proposal would be to start with the babies.

        • RedLogix 15.1.1.1

          lol … very good. I know when I've been gazumped well and truly. yes

        • Descendant Of Smith 15.1.1.2

          Well it wouldn't be the first time. Remember reading about this years ago in a text book.

          http://www.heretical.com/cannibal/egypt.html

          "It was not unusual to find people [selling] little children, roasted or boiled. The commandant of the city guard ordered that those who committed this crime should be burned alive, as should those who ate such meats."

          • Descendant Of Smith 15.1.1.2.1

            Actually I need to find a better internet source for this. Not because it's not true but because that particular site seems shall we say "odd".

    • Adrian 15.2

      But they will taste bloody awful tony.

  15. tony 16

    Adrian, so true, oh well lets feed them to the other pigs ..

  16. Herodotus 17

    Maybe nöt tö everyönes liking, but thöse whö appreciate Lemmy, filthy Phil and öthers

    https://www.youtube.com/watch?v=Wh3t49NsWBA

  17. UncookedSelachimorpha 18

    If the employees of Virgin need public assistance – then give it directly to them, not to a private for-profit business.

    Bailouts of for-profit business by the state should never be a donation – instead the government should offer to purchase equity (ownership) in the company. Then the general public would benefit very directly from the ongoing survival of the company, rather than much of the benefit going to private investors.

    Don't repeat the mistakes of the GFC bailouts – where investors socialised the losses and privatised the profits.

  18. There is a lot of confusion here. The rich are not getting bailed out to shore up their position, but to protect jobs. To keep businesses afloat. Basically, they are going to close these businesses, and the govt can't allow that to happen. Why? Because the constituency of the politicians will not carry responsibility for the malfeasant political system, and the politicians won't either, so they are obliged to do the only thing they can – pay the people to stay in jobs, where the sustenance of the business employing people is more important than 'the people employed' in most cases, because its an employer's market, and they can always get another worker. In this market, even skilled workers.

Recent Comments

Recent Posts

  • Building consent numbers at an all-time high
    A record 41,028 new homes have been consented in the year ended March 2021 March 2021 consent numbers the highest since the 1940s Record number of new homes consented in Auckland The number of new homes consented is at an all-time high, showing a strong and increasing pipeline of demand ...
    BeehiveBy beehive.govt.nz
    26 mins ago
  • Whānau-centred support for parents and tamariki
    Up to 60 whānau in Counties Manukau will be supported through the first three years of their parenthood by a new whānau-centred model of care, said Associate Health Minister, Hon Aupito William Sio. “Providing this support to young parents is something we have to get right. It’s a priority both ...
    BeehiveBy beehive.govt.nz
    1 hour ago
  • NZ backs moves to improve global access to COVID vaccines
    New Zealand welcomes and strongly supports the announcement made by the United States Trade Representative to work for a waiver of IP protections on COVID-19 vaccines at the WTO, Trade Minister Damien O’Connor said. “New Zealand supports equitable access to COVID vaccines for all. No one is safe from the ...
    BeehiveBy beehive.govt.nz
    2 hours ago
  • Tourism communities: support, recovery and re-set plan
    TIHEI MAURI ORA Tuia te whakapono Tuia te tumanako Tuia te aroha Tuia te hunga ora Ki te hunga ora Tihei Mauri ora Ka nui te mihi ki a koutou Tena koutou, tena koutou, tena koutou katoa. Thank you, Hilary and thank you, Chris, and everyone at TIA for this ...
    BeehiveBy beehive.govt.nz
    4 hours ago
  • Support, recovery and re-set plan for tourism communities
    Five South Island tourist communities targeted for specialist support Pressure on Māori tourism operators and Conservation facilities recognised Domestic and international-facing tourism agencies put on more secure footing Long-term plan to re-set tourism with a focus on sustainability, industry standards and regional economic diversification A plan to ensure the immediate ...
    BeehiveBy beehive.govt.nz
    4 hours ago
  • Speech on NZ Rail Plan
    Check against delivery E ngā mana, e ngā reo, e ngā karanga maha o te wa, tēnā koutou, tēnā koutou, tēnā tātou katoa. Ki ngā mana whenua o Taranaki Whānui anō nei aku mihi ki a koutou. Nōku te hōnore kia haere mai ki te whakanuia tēnei huihuinga whakahirahira. Nō ...
    BeehiveBy beehive.govt.nz
    4 hours ago
  • Government hits massive milestone in Violence Prevention & Elimination
    Minister for Family and Sexual Violence Marama Davidson announced a major milestone at a hui in South Auckland today, with the launch of the national engagement process on the prevention and elimination of family and sexual violence. “There is no room for violence in our lives – there is no ...
    BeehiveBy beehive.govt.nz
    4 hours ago
  • Fee waiver extended for conservation tourism businesses
    Tourism businesses operating on public conservation land will have another six months of fees waived to help them adjust to the downturn in international visitors in the wake of the COVID-19 pandemic, Acting Minister of Conservation Dr Ayesha Verrall has announced. "We acknowledge it has been a difficult year for ...
    BeehiveBy beehive.govt.nz
    5 hours ago
  • ‘Lua Wave’ to future-proof Pasifika Festivals in Aotearoa
    Pasifika festival organisers will receive additional support to adapt to the COVID-19 environment thanks to the Government’s newly launched ‘Lua Wave’ component of the Pasifika Festivals Initiative, Minister for Arts, Culture and Heritage Carmel Sepuloni announced today. “This initiative has not only been to support festival organisers to recover from ...
    BeehiveBy beehive.govt.nz
    5 hours ago
  • Crown accounts show confidence in Govt economic plan
    The Government’s financial accounts continue to reflect the resilience of the economy and confidence in the Government’s economic recovery plan. The Crown accounts for the nine months to the end of March 2021 show both OBEGAL and the operating balance remain better than forecast in the Half Year Economic and ...
    BeehiveBy beehive.govt.nz
    5 hours ago
  • Energy Trusts of NZ Autumn Conference
    It’s a pleasure to be here today. Thank you Karen [Sherry] for the introduction and thanks to the Energy Trusts Executive for inviting me to speak at tonight’s event. It is an exciting time to come to speak to trustees of distribution companies. For many decades the electricity industry was ...
    BeehiveBy beehive.govt.nz
    6 hours ago
  • New partnership to grow Māori success in STEM
    A new partnership with the Pūhoro STEM Academy will support thousands more rangatahi Māori to participate and succeed in the fields of science, technology, and innovation, Associate Education Minister Kelvin Davis announced today. Since 2016, Pūhoro has worked with Māori students to build their capability and create pathways to employment ...
    BeehiveBy beehive.govt.nz
    6 hours ago
  • Rail builds platform for economic recovery
    Transport Minister Michael Wood and State-Owned Enterprises Minister Dr David Clark today released the Government’s long term vision for a sustainable rail network that supports our economic recovery. New Zealand Rail Plan lays out how the Government is building a resilient, reliable and safe network, as well as the indicative ...
    BeehiveBy beehive.govt.nz
    8 hours ago
  • NZ and UK agree to lift the pace of free trade talks
    New Zealand and the United Kingdom have agreed to rapidly lift the tempo of talks, as the two countries enter a new phase in free trade negotiations, Trade and Export Growth Minister Damien O’Connor announced today. “UK Secretary of State for International Trade, Liz Truss, and I spoke today about ...
    BeehiveBy beehive.govt.nz
    19 hours ago
  • Counter-Terrorism Legislation Bill passes first reading
    The Counter-Terrorism Legislation Bill has passed its first reading and will now be considered by Parliament’s Justice select committee. “The Bill updates and improves New Zealand’s counter-terrorism legislation and ensures that the right legislative tools are available to intervene early and prevent harm,” Minister of Justice Kris Faafoi said. “The ...
    BeehiveBy beehive.govt.nz
    20 hours ago
  • Statement on The Speaker and Annual Review Debate
    “The serious issue of alleged sexual assault and harassment at Parliament was poorly managed and inappropriately politicised last night. The tone of the debate did not reflect well on Parliament as a whole,” Prime Minister Jacinda Ardern said. “Any investigation of claims of sexual assault should be in a manner ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Govt motoring towards zero-carbon buses and protecting drivers’ conditions
    Transport Minister Michael Wood is seeking feedback on options for the next phase of the Public Transport Operating Model (PTOM) review to better protect bus drivers’ pay conditions, and also achieving the Government’s target of fully decarbonising the public transport bus fleet by 2035. Michael Wood said investing in our ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Drop in unemployment shows Govt economic plan is working
    The Government’s economic recovery plan continues to be reflected in the labour market, with more people in work and unemployment falling. Stats NZ figures show employment rose by 15,000 in the March quarter, with 14,000 more women in work. The unemployment rate fell from 4.9 percent to 4.7 percent. This ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Government sets pay and workforce expectations for the Public Sector
    The Government’s Workforce Policy Statement issued today sets out its expectations for pay and employment relations in the Public Sector, the Minister of Finance and Minister for the Public Service say. “New Zealand has had an exceptionally successful health and economic response to COVID-19. This has been supported by the ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Author Ben Brown is New Zealand’s first Te Awhi Rito Reading Ambassador
    Lyttleton writer Ben Brown (Ngāti Mahuta, Ngāti Koroki, Ngāti Paoa) will be New Zealand’s first Te Awhi Rito Reading Ambassador, promoting the value of reading for children and young people, Internal Affairs Minister Jan Tinetti announced today. A poet and award-winning author, Ben Brown writes books, non-fiction and short stories ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Celebrating New Zealand’s firefighters this International Firefighters’ day
    With two fire stations already complete, and building underway on 16 fire stations around the country, today we celebrate International Firefighters’ Day for the important role firefighters have in keeping communities across the country safe, says Minister of Internal Affairs, Jan Tinetti. The work is progressing due to Government funding ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Ron Brierley knighthood to go
    Ron Brierley has written to the Clerk of the Executive Council to tender his resignation as a Knight Bachelor. The Queen has been informed. The forfeiture follows the Prime Minister initiating the process to remove his Knighthood. The Clerk of the Executive Council wrote to him on 6 April 2021 ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Employment boost for rural communities
    The Government is continuing to create opportunities for at-risk rangatahi overcome barriers to employment, education or training with the next tranche of He Poutama Rangatahi programmes, Minister for Social Development and Employment Carmel Sepuloni announced today. “We’re focused on supporting rangatahi to get what they need to progress in the ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Pre-Budget speech to Wellington Chamber of Commerce
    Thank you for the invitation to speak today, it is great to be here.  I mean that both sincerely and literally. For this equivalent speech last year I took part virtually, beaming in from the Beehive Theatrette with only a socially distanced press gallery bearing silent witness. You are a ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Budget 2021 reprioritises nearly $1 billion
    The Government’s strong pandemic response and the better than expected economic recovery means not all the money allocated in the COVID-19 Response and Recovery Fund has been spent, Grant Robertson said in his annual pre-Budget speech to the Wellington Chamber of Commerce this morning. “As part of Budget preparation I ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Speech on Digital Identity Trust Framework
    I'd like to start by thanking Graeme, David and Ben from NZTech and Digital Identity New Zealand for inviting me to speak to you. I’m so sorry I can’t be there in person, but I want to acknowledge those of you who are, including some of this country’s top tech ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • NZ Cook Islands travel bubble significant step in COVID-19 recovery
    New Zealand Prime Minister Jacinda Ardern and Cook Islands Prime Minister Mark Brown have today announced that, pending final confirmation by New Zealand’s Director-General of Health and the Cook Islands Secretary of Health, two-way quarantine-free travel will commence between the two countries on 17 May (NZT). “Two way quarantine-free travel ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Minister for State Owned Enterprises saddened by passing of KiwiRail Chair
    Minister for State Owned Enterprises, David Clark is deeply saddened to hear about the passing of KiwiRail Chairman, Brian Corban. “I know Brian was seen as a transformative leader within KiwiRail, well respected for his wisdom, honesty and sense of humour,” said David Clark. Mr Corban served as Chair of ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Speech to the China Business Summit by the Minister for Trade and Export Growth
      Distinguished guests, ladies and gentlemen.  Tena koutou katoa.  Good morning. It is my pleasure to join you today for this China Business Summit – my first as Minister for Trade and Export Growth as well as Minister of Agriculture – and to have the opportunity to speak to you ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Productivity Commission inquiry into immigration settings
    The Productivity Commission will hold an inquiry into immigration settings to ensure New Zealand’s long term prosperity and wellbeing, Grant Robertson and Kris Faafoi say. This inquiry, the first under the new Productivity Commission chair, Dr Ganesh Nana, will focus on immigration policy as a means of improving productivity in ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Speech to China Business Summit
    Ladies and gentlemen, distinguished guests, ate marie, tena koutou katoa, good morning. I am very happy to be here with you once again at my fourth China Business Summit. Thanks again to you, Fran, for being the driving force behind this event.  As ever, I’m very pleased to see such ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Speech to Te Taumata Wahine Toa Hui, Kerikeri
    I would like to begin by acknowledging a few people here today.  Firstly, Chris Karamea Insley for his hard work and commitment to the vision of Te Taumata. I’d also like to acknowledge Minister Nanaia Mahuta, New Zealand’s first Maori wahine Minister of Foreign Affairs, whom you have just heard ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Jobs for Nature to boost employment in the South
    A suite of significant Jobs for Nature projects will boost conservation efforts and create jobs across the southern South Island, Acting Minister for Conservation Dr Ayesha Verrall announced from Te Anau today. “The Government’s Jobs for Nature programme is investing in the future of the area’s stunning environment, with projects ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Regional economic potential unlocked as Bay of Plenty project gets underway
    A milestone for jobs, businesses and regional economic development in Bay of Plenty is being marked as construction gets underway on the multi-million dollar Ōpōtiki harbour infrastructure project. Economic and Regional Development Minister Stuart Nash has joined Whakatōhea iwi, local councils and representatives of the aquaculture and marine industry at ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • New Pilot to unlock cultural potential in communities
    Arts, Culture and Heritage Minister Carmel Sepuloni today announced Manatū Taonga (Ministry for Culture and Heritage) is now accepting applications from cultural sector organisations to host cultural activators in eight communities around Aotearoa. “This pilot, as part of Te Tahua Whakahaumaru (Creative Arts Recovery and Employment Fund), aims to build ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Supporting New Zealanders Through Winter Months
    From tomorrow, 1 May, over one million New Zealanders receiving either a Main Benefit or New Zealand Superannuation will get more money each week through the Winter Energy Payment. “The Winter Energy Payment started as part of the Government’s December 2017 Families Package designed to help older New Zealanders and ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • New Zealand to donate 250,000 courses of COVID-19 vaccines to Fiji
    New Zealand has offered, and Fiji has accepted, sufficient doses of AstraZeneca for 250,000 people from New Zealand’s domestic vaccine portfolio, New Zealand Associate Minister of Health and Foreign Affairs Aupito William Sio and Fiji Health and Medical Services Minister Ifereimi Waqainabete announced today. “New Zealand and Fiji are working together closely to support ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Te Ōhanga Māori Report Speech
    *Check with delivery* Insights from Te Ōhanga report First and foremost - thank you for the mahi of everyone who has been involved in producing this report. The Government needs up-to-date and accurate data on the size and scope of the Māori economy for us to understand how best to ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • New ACC Board Chair Appointed
    Minister for ACC Carmel Sepuloni is delighted to announce the appointment of Hon Steve Maharey CNZM, as a new member and chair successor for the board of ACC. He will commence as a member on 1 May 2021 and become Chair on the retirement of Dame Paula Rebstock on 31 ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Greater role for a public forestry service
    A greater role for a public forestry service has been outlined by the Forestry Minister, to drive the focus on regional economic development, skills training, and a low-emissions future. Stuart Nash today announced Te Uru Rākau (Forestry New Zealand) will be renamed Te Uru Rākau - New Zealand Forest Service, ...
    BeehiveBy beehive.govt.nz
    1 week ago