Economic recovery despite the Nats

Written By: - Date published: 1:34 pm, February 1st, 2011 - 44 comments
Categories: Economy, national - Tags: , ,

I don’t think the global economy is out of the woods yet. Not by a long shot. But pundits are talking up any sign of “recovery” as good news. Here in NZ for example:

Brighter economic times ahead

Cheer up Kiwis, because 2011 is looking like the brightest economic year since the global financial crisis plunged the world into recession three years ago.

Hurrah? Not really:

Treasury has this afternoon released a series of figures and commentary on the state of the economy so far this year. It’s hardly a cause for celebration, with growth expected to be 0.9 per cent less than earlier forecast, but it’s growth all the same. Treasury said it expected real economic growth in 2011 of around 3 per cent, which was better than the 1.5 per cent recorded in 2010 and the -1.7 per cent decline in 2009.

Prediction, the Nats will try to attach themselves to any good news this year like a bucket full of leeches, and claim the credit. They don’t deserve any. When the economy eventually claws its way back to health, it won’t be because of anything that this worse-than-useless government has done. What has been their contribution? Tax cuts that spectacularly failed to “kick start the economy” and bring us “roaring out of recsssion” (because – pssst! – tax cuts don’t cause growth). Cuts to jobs, public spending, and saving that did more harm than good. Oh – and the cycleway. Let’s not forget the cycleway.

Any good news we have seen recently, or will see in the near future, is due to external factors, not the Nats. Continuing the article above:

The good news stemmed mainly from historically high food prices and a one-off hit from the Rugby World Cup. New Zealand commodity prices continued to climb, the Treasury found, with one measure, the ANZ Commodity Price Index, at its highest since it began in 1986. Further increases were possible early this year as dairy prices in two global DairyTrade auctions showing a combined increase in sale price of 8.5 per cent. Rugby World Cup – “a key one-off event” – would boost the economy across the September and December quarters.

Like the anticipated blip from the RWC, the other occasional source of good news is returns on investments set up by previous Labour governments. Last week it was announced that the Government’s five-month operating deficit had been nearly halved due to the strongly performing NZ Super Fund and a turnaround in ACC’s accounts. (Same story last year.)

So keep it mind people, when you head out to vote this year. The NZ economy will eventually recover. Not because of the Nats, but in spite of them.

44 comments on “Economic recovery despite the Nats ”

  1. kriswgtn 1

    You forgot the 8 year roll out of Broadband

  2. Armchair Critic 2

    Welcome back r0b. You are being far too positive.
    I was totally pissed to see this all over the news like baby shit (but smellier) for the last few days. The best news National have given us on the economy is that there is no good news.
    Building consents are down to their lowest levels since 1965, in spite of the earthquake in Christchurch. That’ll be why Aussie firms are poaching NZ workers, even though Gerry doesn’t see it happening.
    The NZ economy will eventually recover. Not because of the Nats, but in spite of them because they were voted out and someone (anyone – please!) with an idea on how to run a country was elected. FIFY
    Captcha – fingers. National’s approach in one word.

    • Zaphod Beeblebrox 2.1

      That building consent figure is truly alarming. Thats despite very high record commodity prices, very low interest rates and before the Nats shrink the economy a lot further with their spending cuts.

      Heard much the same nonsense from economists at the start of last year- why does no-one call them in on their failed forecasts?

      • Draco T Bastard 2.1.1

        why does no-one call them in on their failed forecasts?

        People have been trying but, unfortunately, the MSM don’t listen to non-mainstream economists despite the fact that they’re often right and the mainstream ones are usually wrong. It’s another case of failure by the 4th estate (unless you’re JKeyl and Hide).

  3. Afewknowthetruth 3

    Brent oil has just hit $100, up from $70 just 6 moinths ago, and a 40% increase.

    Unless something very peculiar happens in the next week or so , the next round of economic collapse is on its way.

    • Draco T Bastard 3.1

      Yeah, heard that but haven’t seen it on any of the sites and gadgets I use to monitor oil price.

      • Colonial Viper 3.1.1

        http://af.reuters.com/article/energyOilNews/idAFL3E7CV0GR20110201

        NEW YORK, Jan 31 (Reuters) – Commodities ended the first month of the year up more than 2 percent and were on course to start February on a strong footing after crude oil surpassed $100 a barrel on Monday, the first time since 2008.

        London’s Brent crude settled above $101 on fears unrest in Egypt could spread to Middle East oil producing nations and disrupt oil shipments through the Suez Canal.

        U.S. crude, the benchmark for world oil prices, raced to catch up with Brent, jumping 2 percent to finish above $92.

        • Draco T Bastard 3.1.1.1

          http://oil-price.net/

          Still shows oil @ US$92.12, Desktop gadget shows US$91.95. I don’t think they use Brent Crude as their benchmark though.

          • Lanthanide 3.1.1.1.1

            They use west texas intermediaries, while AFKTT is talking about brent blend. Different grades of oil. There are other blends around too, one called tapis that is currently at $101/barrel also.

            The different blends reflect local conditions, eg the price of brent would’ve gone up more than WTI during England’s cold snap, as well as different grades of oil – tapis is lighter and sweeter than WTI, so trades at a premium.

          • infused 3.1.1.1.2

            Thanks for the cool gadget

    • Lanthanide 3.2

      Clearly the last bump in crude prices is due to unrest in Egypt and the ME generally, not a supply-side crunch leading to increased prices, as you’re trying to infer.

  4. Lanthanide 4

    They were talking on National Radio this morning, but unfortunately didn’t repeat it at the 8:30 or 9am news round-ups, that it seems likely the economy contracted by 0.4% in the December quarter, and that we’ve therefore entered a “technical recession”.

    So this forecast of 1.5% growth in 2010 may be just a bit too premature.

    • ak 4.1

      So burt and the lads will soon be blaming Key for “leading us into recession” I spose….oh no silly me, I forgot, it’s only bad when Labour does it eh burt?

      Anyhoo, seems we’re only tottering on the edge of the money cliff because China & co are amassing hard commodities and the parasitical speculative reef fish are along for the ride. The heyday (and hayday) for our agriculture is well into its last piss-up. It was never rocket surgery, and if the landed gentry think the developing world will sit back and watch them continue to cream it, they’re in for very stiff cheese. Within a couple of years. Tighten them belts – and get ready to walk like Egyptians.

    • mcflock 4.2

      But if the contraction was true then Marty’s forecast was spot on.

      What did Treasury predict? ah, here they are 31/1/11 (a couple of days ago):

      We expect that technical recession – where real GDP contracts in two consecutive quarters – was
      avoided in 2010 with positive growth in real GDP during the December 2010 quarter.

      Might as well see who’s the luckier fortune-teller staring into the scrying-glass.

  5. Rob A 5

    “Any good news we have seen recently, or will see in the near future, is due to external factors, not the Nats.”

    Replace Nats with Labour and you’ve got the exact thing the right whingers were saying three years ago.

    Personally I’m coming to the conclusion that neither National or Labour are capable of doing much more than running NZ into the ground and a serious alternative is needed soon

    • Zaphod Beeblebrox 5.1

      Except while the rest of the world recovers, GDP in NZ keeps declining. As everybody else climbs out of the mud (or in Australia case- washes the mud off) NZ seems to be slidingback into the morass.

      You’d have to say that neither side seems capable of facing up to the fundamental truth- we spend too much propping up our property prices. Maybe one day a leader who will tell us the truth will emerge.

      • fatty 5.1.1

        “Except while the rest of the world recovers”

        Are you talking about this world?….planet earth?

        • Zaphod Beeblebrox 5.1.1.1

          Ok perhaps I have low standards- but at least some countries are experiencing GDP growth now.

          • fatty 5.1.1.1.1

            “Ok perhaps I have low standards”

            Haha, me too…these days if I can afford a loaf of bread every second day, I’m happy

          • fatty 5.1.1.1.2

            “Ok perhaps I have low standards”

            Haha, me too…these days I’m happy if I can afford a loaf of bread every second day

    • r0b 5.2

      Except that Labour actually did stuff. It eliminated government (net) debt. It encouraged savings in ways that invested in the local economy (Kiwi Saver). It lifted families out of poverty to give them more spending power (WFF – like tax cuts only for low income families). It invested in education at all levels, including apprenticeships. It planned for the future (Cullen Fund). It invested in local infrastructure including public transport (Kiwi Rail). It put together a significant stimulus package to head off the recession (which the Nats claimed credit for). In short, Labour wasn’t sitting back and hoping for the best. Labour did stuff.

      But National? A cycleway.

      • Lanthanide 5.2.1

        Don’t forget the 9-day fortnight!

        You’ve also conveniently forgotten the “tax switch” that is “revenue neutral” while simultaneously making “everyone better off” and “fully compensates for the GST increase”.

      • Zaphod Beeblebrox 5.2.2

        I agree Cullen did do a good job keeping the government in surplus and Kiwisaver was a positive step. He also stepped in at the start of the global recession. But supporting public transport? They spent many times more on motorways than on the Wellington and Auckland commuter systems.

        and WFF- who did that help- the working class or middle class swing voters?

        And what did they do for NZ manufacturing? High interest rates to quell private borrowing for spiralling house prices and the resultant high NZ dollar- do you really think they handled that well?

        • Anthony C 5.2.2.1

          Regional fuel tax for Auckland, was a pretty big deal for Auckland in planning and rolling out public transport – cut by the Nats of course.

          • Lanthanide 5.2.2.1.1

            It was replaced by national fuel taxes, not entirely sure what the revenue is earmarked for, though.

      • Rob A 5.2.3

        Rob, I’m not trying to defend SohnKey and agree 100% with you but much of your post can be dismissed by my original arguement.

        And the Cullen Fund although an excellent idea will go down in my books as one of the great wasted opportunities. Billions of dollars that could be going into NZ startups or buying into our exporters and manufactuers (on the provision of job creation) and instead the vast majority of it has gone overseas. Yes I know it will come back but IMHO the money could be doing much more good in the short-medium term

        • Lanthanide 5.2.3.1

          The Cullen Fund’s goal is to beat the government bond rate by at least 1%. Clearly they figured if they invested in NZ companies, this wouldn’t happen.

  6. Colonial Viper 6

    A CGT and capital controls would also have been very helpful for stabilising our exchange rate, reducing private debt levels and helping our real economy industries.

    This means that many more high paying manufacturing/high tech jobs would have been secured in this country.

    These steps could all have been implemented years ago, and they should be implemented ASAP by Labour.

    • Zaphod Beeblebrox 6.1

      You are mentioning the elephant in the room which are current leaders are fearful of mentioning. Will Goff and Cunlifffe have the guts to go with it? Don’t count on it.

    • KJT 6.2

      And trying to fight inflation with interest rate inflation.
      Killing productive businesses every time they almost stood up.

  7. NX 7

    National has done a good job of reducing the budget spend from $2.2 billion during the Cullen era to around $1 billion, while maintaining most of Labour expensive entitlement programmes.

    • Colonial Viper 7.1

      National has done a good job of reducing the budget spend from $2.2 billion during the Cullen era to around $1 billion

      Not a good job once you add in the $500M per month Bill and John are spending on unaffordable income tax cuts focussed on the rich. Tax cuts causing us to bleed debt to foreign creditors.

      • NX 7.1.1

        I believe your figures are incorrect.

        The tax rate drop from 38% to 33% for people earning over $70K (about ~20K people) = $500 million PER MONTH!!

        Yeah right.

        • Colonial Viper 7.1.1.1

          people earning over $70K (about ~20K people)

          Get another napkin out and work your figures out again.

          10% of NZ’ers earn over $70K p.a.

          Straight away, that is way more than the ~20K people you talk about. If you were correct, that would mean that there are only 200,000 earners in NZ.

          So you are not correct. I am.

          • NX 7.1.1.1.1

            Colonial Viper – take your silence as a concession.

            Budget stats:
            2008
            2010

            • McFlock 7.1.1.1.1.1

              FWIW NX, I agree with your point vis the $70k plus tax take, while disagreeing with your starting premise that the current government are anything other than economic cockblockers.

              • NX

                Fair enough – that is in the realm of opinion.

                My only problem was Viper’s ludicrous claim that National had given a tax break of 6 billion per annum to people earning over $70k.

                You don’t even have to be a math wizz to crunch the numbers on the treasury website.

                • Colonial Viper

                  Hey yeah, I got the $6B per annum figure wrong, I attributed the Government’s entire net borrowing to the tax cuts for the wealthy which is clearly not correct.

                  However as a moral victory, you did get the number of people earning over $70K p.a. wrong by a factor of about 18. Which I see you amusingly attributed to a “typo” because “~20K” could easily be mistakenly entered instead of “~370K” as the keys are right next to each other 😛

                  So obviously you’re either deluded or lying.

                  DUde you get your numbers out by a factor of 18x and you put your own error down to a “typo”? How generous to yourself!

                  Whereas I only got my figures ($500M vs $70M) out by a factor of ~7, I’m the paragon of accuracy here 😛

        • NX 7.1.1.2

          Typo – number of people earning over $70k is around 350k (370,000).

          So a tax cut of 5% for ~370k people = $500 million per month???

          500,000,000*12= $6,000,000,000 (six billion dollars)

          So obviously you’re either deluded or lying.

          FYI – I calculated the tax break for people earning over 70K at around the $70 millon per month mark.

          However this, of course, doesn’t take into account the rise in GST increase & the changes to the Trust laws (something Labour never did). Plus, when you lower the top rate, there is less tax avoidance. So, I suspect the amount is probably around the $40 mill mark per month. Much of this money is probably reinvested in something, or used to pay down debt. So it’s not actually ‘lost’.

  8. M 8

    I think NACT will massage the figures or do some fast talking about how things grew slightly or were neutral to try and win and then if re-elected all of a sudden growth will be forecast to be about to drop off a cliff so a scythe can be taken to funding for health and education, and the main course that John and Paula have been salivating over, slashing benefits.

    Classic NACT bait and switch.

  9. Name 9

    Sorry, but I don’t find ‘historically high food prices’ anything to be happy about. The riots/revolutions in Tunisia and Egypt have as one cause the fact that food is being priced off people’s tables, and in less developed parts of the world people are starving to death because they can’t afford to eat.

    I came to New Zealand twenty years ago because it was – and and still is – one of the few places on the earth with a food surplus, and in its isolation is unlikely to be swamped by desperate, starving masses on the move.

    If the dollar returned to its ‘natural’ level the country’s overseas debt – including sovereign debt – would increase by 10% overnight and petrol would be $2.25/litre so it’s very much in the govt’s best interest to keep the dollar up. But that’s not difficult because currency speculators can see that New Zealand will always have something to sell which the world wants. Not cars, planes and guns like the USA, or cheap plastic tat and computers like India and China. Food.

    • ZeeBop 9.1

      The world can feed itself! NZ exports food to wealthy people who were not heavily in debt and needing to export themselves out of their hole, with high oil inputs and stable climates – which is nolonger assured will push up the cost of growing food here. So its not a given that food spikes will mean food shortages, rather if the market adjusts to higher oil and climate uncertainty governments are likely to invest heavily in more not less food and drive down food prices in a coulpe of years, add in the long sea voyage to Europe and possible say good by to added value, and we go back to a bulk commodity lamb freezer. The other side of the currency exchange is that for farmers to buy oil they need to get their food to market and their profits back, so there has to be someone on the other end of the trade, someone willing to sell NZ dollars and buy US dollars (and no thats not more exporters!). Thats people consuming foriegn goods, or people paying foreign debt. And that’s the NZ game, do we want to be able to buy stuff or pay off debts, and looking at the last thirty years it seems Douglas wants us to owe people money rather than have more money to invest, save, and buy stuff. Because the currency brokers run our parliament, now for the first time in a generation we have a chance to shift the game, introduce a CGT and kiwis from across the globe will return because they will know that the system isn’t rigged anymore, that their money in growing a NZ manufacturing base, etc.

Links to post

Recent Comments

Recent Posts

  • Closer defence cooperation between New Zealand and Japan
    The Defence Ministers of New Zealand and Japan have signed a statement of intent for closer defence cooperation between the two Pacific regional partners. Andrew Little and H. E. Yasukazu Hamada met to sign the ‘Statement of Intent on Defence Cooperation in Maritime Security, Humanitarian Assistance and Disaster Relief and ...
    BeehiveBy beehive.govt.nz
    8 hours ago
  • SPEECH: To the IISS Shangri-La Dialogue 2023 by the Honourable Andrew Little MP, New Zealand Ministe...
    New Zealand’s most recent defence assessment identified climate change and geostrategic competition as the two greatest security challenges to our place in the South Pacific. To the first issue, partners engaging and re-engaging with Pacific Island Countries are finding that climate change is a security and existential threat in our ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Govt supporting more rangatahi into training and employment opportunities
    The government is continuing to support rangatahi in providing more funding into Maori Trades training and new He Poutama Rangatahi programmes across Aotearoa. “We’re backing 30 new by Māori for Māori Kaupapa employment and training programmes, which will help iwi into sustainable employment or progress within their chosen careers” says ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Energy self-sufficient marae reopens with support of Government investment
    Murihiku Marae was officially reopened today, setting a gold standard in sustainable building practices as well as social outcomes for the people of Waihōpai Invercargill, Regional Development Minister Kiri Allan says. “The marae has been a central hub for this community since the 1980’s. With the support of $9.65 million ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • First major Whangārei public housing project in a generation complete
    The first major public housing development in Whangārei for decades has reached completion, with 37 new homes opened in the suburb of Maunu today. The project on Tapatahi Crescent and Puriri Park Road, consists of 15 one-bedroom, 4 two-bedroom, 7 three-bedroom, 8 four-bedroom and 3 five-bedroom homes, as well as ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Trade Minister to represent New Zealand trade interests abroad
    Trade and Export Growth Minister Damen O’Connor will depart tomorrow for London to represent New Zealand at the Commonwealth Trade Ministers’ Meeting and then to Paris to vice-chair the OECD Ministerial Council Meeting. “My travel to the United Kingdom is well-timed, with the United Kingdom Free Trade Agreement (UK FTA) ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Bill to boost national fuel resiliency introduced
    The Fuel Industry (Improving Fuel Resilience) Amendment Bill would: boost New Zealand’s fuel supply resilience and economic security enable the minimum stockholding obligation regulations to be adapted as the energy and transport environment evolves. “Last November, I announced a six-point plan to improve the resiliency of our fuel supply from ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Faster ACC payment top-ups and fairer system
    The Government is making sure those on low incomes will no longer have to wait five weeks to get the minimum weekly rate of ACC, and improving the data collected to make the system fairer, Minister for ACC Peeni Henare said today.  The Accident Compensation (Access Reporting and Other Matters) ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Compulsory code of conduct for school boards introduced
    A compulsory code of conduct will ensure school board members are crystal clear on their responsibilities and expected standard of behaviour, Minister of Education Jan Tinetti said. It’s the first time a compulsory code of conduct has been published for state and state-integrated school boards and comes into effect on ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Speech to the New Zealand Federation of Commercial Fishermen annual conference.
    Tena koutou katoa and thank you, Mayor Nadine Taylor, for your welcome to Marlborough. Thanks also Doug Saunders-Loder and all of you for inviting me to your annual conference. As you might know, I’m quite new to this job – and I’m particularly pleased that the first organisation I’m giving a ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Govt to support councils with buyout and better protection of cyclone and flood affected properties
    The Government will enter into a funding arrangement with councils in cyclone and flood affected regions to support them to offer a voluntary buyout for owners of Category 3 designated residential properties. It will also co-fund work needed to protect Category 2 designated properties. “From the beginning of this process ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Government delivers changes to reduce pokies harm
    The Government has announced changes to strengthen requirements in venues with pokie (gambling) machines will come into effect from 15 June. “Pokies are one of the most harmful forms of gambling. They can have a detrimental impact on individuals, their friends, whānau and communities,” Internal Affairs Minister Barbara Edmonds said. ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Government delivers 1800 additional frontline Police
    The total Police workforce is now the largest it has ever been. Police constabulary stands at 10,700 officers – an increase of 21% since 2017 Māori officers have increased 40%, Pasifika 83%, Asian 157%, Women 61% Every district has got more Police under this Government The Government has delivered on ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Minister Mahuta talks Pacific ambitions at the first Korea-Pacific Leaders’ summit
    Minister of Foreign Affairs, Hon Nanaia Mahuta met with Korea President Yoon, as well as Pacific Islands Forum Secretary General Henry Puna, during her recent visit to Korea.  “It was an honour to represent Aotearoa New Zealand at the first Korea – Pacific Leaders’ Summit. We discussed Pacific ambitions under the ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Government drives $2 billion of business research and development
    The Government’s Research and Development Tax Incentive has supported more than $2 billion of New Zealand business innovation – an increase of around $1 billion in less than nine months. "Research and innovation are essential in helping us meet the biggest challenges and seize opportunities facing New Zealand. It’s fantastic ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Achieving lift off: National Space Policy launched
    The next ‘giant leap’ in New Zealand’s space journey has been taken today with the launch of the National Space Policy, Economic Development Minister Barbara Edmonds announced. “Our space sector is growing rapidly. Each year New Zealand is becoming a more and more attractive place for launches, manufacturing space-related technology ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • New science and creative technologies wharekura announced
    A new Year 7-13 designated character wharekura will be built in Pāpāmoa, Associate Minister of Education Kelvin Davis has announced. The wharekura will focus on science, mathematics and creative technologies while connecting ākonga to the whakapapa of the area. The decision follows an application by the Ngā Pōtiki ā Tamapahore ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Freedom Camping changes a win for the environment
    Protecting the environment by establishing a stronger, more consistent system for freedom camping Supporting councils to better manage freedom camping in their region and reduce the financial and social impacts on communities Ensuring that self-contained vehicle owners have time to prepare for the new system   The Self-Contained Motor Vehicle ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Speeding up the family court, reducing stress on families
    A new law passed last night could see up to 25 percent of Family Court judges’ workload freed up in order to reduce delays, Minister of Justice Kiri Allan said. The Family Court (Family Court Associates) Legislation Bill will establish a new role known as the Family Court Associate. The ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • UK FTA delivers benefits from today
    New Zealand businesses will begin reaping the rewards of our gold-standard free trade agreement with the United Kingdom (UK FTA) from today.  “The New Zealand UK FTA enters into force from today, and is one of the seven new or upgraded Free Trade Agreements negotiated by Labour to date,” Prime ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Next steps to reform outdated surrogacy law
    The Government will reform outdated surrogacy laws to improve the experiences of children, surrogates, and the growing number of families formed through surrogacy, by adopting Labour MP Tāmati Coffey’s Member’s Bill as a Government Bill, Minister Kiri Allan has announced. “Surrogacy has become an established method of forming a family ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Defence Minister to attend Shangri-La Dialogue
    Defence Minister Andrew Little departs for Singapore tomorrow to attend the 20th annual Shangri-La Dialogue for Defence Ministers from the Indo-Pacific region. “Shangri-La brings together many countries to speak frankly and express views about defence issues that could affect us all,” Andrew Little said. “New Zealand is a long-standing participant ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • New Zealand–China science relationship affirmed
    Research, Science and Innovation Minister Dr Ayesha Verrall and the Chinese Minister of Science and Technology Wang Zhigang met in Wellington today and affirmed the two countries’ long-standing science relationship. Minister Wang was in New Zealand for the 6th New Zealand-China Joint Commission Meeting on Science and Technology Cooperation. Following ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Supporting a strong future for screen sector
    5 percent uplift clearer and simpler to navigate  Domestic productions can access more funding sources 20 percent rebate confirmed for post-production, digital and visual effects Qualifying expenditure for post-production, digital and visual effects rebate dropped to $250,000 to encourage more smaller productions The Government is making it easier for the ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Minister Sepuloni to attend 61st Anniversary of Samoa’s Independence
    Deputy Prime Minister and Associate Minister of Foreign Affairs (Pacific Region) Carmel Sepuloni will represent New Zealand at Samoa’s 61st Anniversary of Independence commemorations in Apia. “Aotearoa New Zealand is pleased to share in this significant occasion, alongside other invited Pacific leaders, and congratulates Samoa on the milestone of 61 ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Govt backs retailers with expansion of fog cannon programme
    The Government is continuing to support retailers with additional funding for the highly popular Fog Cannon Subsidy Scheme, Police and Small Business Minister Ginny Andersen announced today.  “The Government is committed to improving retailers’ safety,” Ginny Andersen said.  “I’ve seen first-hand the difference fog cannons are making. Not only do ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Government will consider recommendations of Intelligence and Security Act review
    The Government has received the first independent review of the Intelligence and Security Act 2017, Prime Minister Chris Hipkins says. The review, considered by the Parliamentary Intelligence and Security Committee, was presented to the House of Representatives today.  “Ensuring the safety and security of New Zealanders is of the utmost ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Govt expresses condolences on the passing of HRH Princess Sui’ilikutapu
    Prime Minister Chris Hipkins has expressed condolences on behalf of New Zealand to the Kingdom of Tonga following the death of Her Royal Highness Princess Mele Siu’ilikutapu Kalaniuvalu Fotofili. “New Zealand sends it’s heartfelt condolences to the people of Tonga, and to His Majesty King Tupou VI at this time ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Govt expresses condolences on the passing of HRH Princess Siu’ilikutapu
    Prime Minister Chris Hipkins has expressed condolences on behalf of New Zealand to the Kingdom of Tonga following the death of Her Royal Highness Princess Mele Siu’ilikutapu Kalaniuvalu Fotofili. “New Zealand sends it’s heartfelt condolences to the people of Tonga, and to His Majesty King Tupou VI at this time ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Security support to Solomon Islands extended
    Defence Minister Andrew Little and Foreign Affairs Minister Nanaia Mahuta have today announced the extension of the New Zealand Defence Force (NZDF) deployment to Solomon Islands, as part of the regionally-led Solomon Islands International Assistance Force (SIAF). “Aotearoa New Zealand has a long history of working alongside the Royal Solomon ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Minister Mahuta to attend the first Korea-Pacific Leaders’ Summit
    Foreign Affairs Minister Nanaia Mahuta will travel to the Republic of Korea today to attend the Korea–Pacific Leaders’ Summit in Seoul and Busan. “Korea is an important partner for Aotearoa New Zealand and the Pacific region. I am eager for the opportunity to meet and discuss issues that matter to our ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Agreement between Indo-Pacific partners for supply chain resilience
    Trade and Export Growth Minister Damien O’Connor joined ministerial representatives at a meeting in Detroit, USA today to announce substantial conclusion of negotiations of a new regional supply chains agreement among 14 Indo-Pacific countries. The Supply Chains agreement is one of four pillars being negotiated within the Indo-Pacific Economic Framework ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Celebrating Samoa Language Week 2023
    Our most spoken Pacific language is taking centre stage this week with Vaiaso o le Gagana Samoa – Samoa Language Week kicking off around the country. “Understanding and using the Samoan language across our nation is vital to its survival,” Barbara Edmonds said. “The Samoan population in New Zealand are ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Nationwide test of Emergency Mobile Alert system
    Over 90 per cent of New Zealanders are expected to receive this year’s nationwide test of the Emergency Mobile Alert system tonight between 6-7pm. “Emergency Mobile Alert is a tool that can alert people when their life, health, or property, is in danger,” Kieran McAnulty said. “The annual nationwide test ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Whakatōhea and the Crown sign Deed of Settlement
    ENGLISH: Whakatōhea and the Crown sign Deed of Settlement A Deed of Settlement has been signed between Whakatōhea and the Crown, 183 years to the day since Whakatōhea rangatira signed the Treaty of Waitangi, Minister for Treaty of Waitangi Negotiations Andrew Little has announced. Whakatōhea is an iwi based in ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • New Chair appointed to New Zealand National Commission for UNESCO
    Elizabeth Longworth has been appointed as the Chair of the New Zealand National Commission for UNESCO, Associate Minister of Education Jo Luxton announced today. UNESCO is the United Nations agency responsible for promoting cooperative action among member states in the areas of education, science, culture, social science (including peace and ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Tourism transformation starts with people
    Tourism and hospitality employer accreditation scheme to recognise quality employers Better education and career opportunities in tourism Cultural competency to create more diverse and inclusive workplaces Innovation and technology acceleration to drive satisfying, skilled jobs Strengthening our tourism workers and supporting them into good career pathways, pay and working conditions ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Tourism transformation starts with people
    Tourism and hospitality employer accreditation scheme to recognise quality employers Better education and career opportunities in tourism Cultural competency to create more diverse and inclusive workplaces Innovation and technology acceleration to drive satisfying, skilled jobs Strengthening our tourism workers and supporting them into good career pathways, pay and working conditions ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Te ao Māori health services cheaper and more accessible for whānau
      Greater access to primary care, including 193 more front line clinical staff More hauora services and increased mental health support Boost for maternity and early years programmes Funding for cancers, HIV and longer term conditions    Greater access to primary care, improved maternity care and mental health support  are ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Te ao Māori health services more accessible for whānau
      Greater access to primary care, including 193 more front line clinical staff More hauora services and increased mental health support Boost for maternity and early years programmes Funding for cancers, HIV and longer term conditions    Greater access to primary care, improved maternity care and mental health support  are ...
    BeehiveBy beehive.govt.nz
    1 week ago

Page generated in The Standard by Wordpress at 2023-06-04T11:37:34+00:00