Electricity privatisation begins

Written By: - Date published: 1:58 pm, December 19th, 2010 - 39 comments
Categories: energy, privatisation - Tags:

What to do if you’re a government with an ideological fixation on selling assets, which is hugely unpopular? The public will catch on if you put SOEs as full entities up for auction. So, you don’t sell off the companies. Instead, you sell off the things they own or, through bond issues, their profit streams. We’ve been warning this would happen. Now, it is.

Check out this press release from SOE Genesis Energy:

“Genesis Power Limited, trading as Genesis Energy, is considering making an offer of up to $300 million unsecured, subordinated Capital Bonds to the New Zealand public. The proceeds of the offer are intended to be used as part of the funding for the acquisition of the Tekapo power stations.”

Meridian is being forced to sell these power stations to Genesis as part of Gerry Brownlee’s reforms that have already caused power prices to skyrocket. Genesis sell some power stations to Meridian in return but they’re not worth as much. To fund the difference, Genesis will have to borrow. But what will Meridian do with the extra cash it gets from the swap?

It looks like they’ll be forced to give the money to the government as a special dividend (which Treasury suggested in papers to the government earlier in the year). The net effect is the SOE’s debt is increased – effectively, the profit stream from Genesis is privatised by the bond payments – and the Government ends up with cash. It’s privatisation by stealth.

The other privatisation move is less stealthy.

The government is preparing to sell off the emergency generator at Whirinaki. This power station was installed to provide emergency back-up during dry years. Brownlee thinks that’s no longer necessary thanks to his amazing reforms (yeah, I’m laughing too). So, he’s going to sell that asset, probably to the private sector. Inevitably, because the private buyers will want maximum return on their investment, this diesel-fueled power-generator will go from being an emergency back-up to part of the baseload electricity generation in this country (perhaps as dedicated generation for a Fonterra processing plant) meaning more emissions and nothing to fall back on when the rains don’t come.

This is privatisation. And the government has no mandate for it, having promised no to sell or part-sell SOEs this term.

39 comments on “Electricity privatisation begins ”

  1. “Genesis Power Limited, trading as Genesis Energy, is considering making an offer of up to $300 million unsecured

    Phew – dose that mean we will not have to borrow anything for a whole week?

    • Draco T Bastard 1.1

      Nope, it means we’ll be borrowing an extra $300m that week.

      • Armchair Critic 1.1.1

        Best of all, it’s to buy something we already own. Fuck these Nats are smart.

      • Swampy 1.1.2

        No, it means Genesis SOE is getting $300 million – not the government.

        • Draco T Bastard 1.1.2.1

          The money will be borrowed by a state owned enterprise. It will have interest charged on it and it will cost us more for absolutely no reason as, Armchair Critic points out, we already own it.

          I’d call it sheer bloody stupidity except that even the NACTs can’t be that stupid which means that they must be doing it for a reason and the only reason available is to steal more money from hard-working NZers for themselves and their rich mates.

          • Swampy 1.1.2.1.1

            It says quite clearly the offer is to the NZ public. Not to a bank or financial institution to lend it money.

            It is like selling shares. You get some money in but it isn’t borrowed.

            • Draco T Bastard 1.1.2.1.1.1

              The people who buy the bonds want their money back with interest so, yes, it really is borrowing money.

              • Colonial Viper

                Good thing the investor capitalist class in this country got those convenient tax cuts.

                Which means that they now have spare cash to lend to the SOE in order to take even more money from the good ol NZ tax payer.

                • MrSmith

                  Exactly Colonial , why else would you give tax cuts to people that don’t need them, ‘unless’ they where your mates and it was a great time to pick up bargains at the bottom of a recession.

                  Never underestimate the rich&greedy they lay awake nightly thinking how they can make more money nothing else matters to them.

  2. marsman 2

    Scheming scamming scumbags, but totally incompetent when it comes to running the country, that’s NAct.

  3. Deadly_NZ 3

    Great more bloody price rises.

    Farkin thieveing scumbags shouldn’t be allowed too run a Lemonade stand!!!!

  4. stever 4

    “The proceeds of the offer are intended to be used as part of the funding for the acquisition of the Tekapo power stations.”

    Does Genesis not feel the need to explain why they wish to acquire the Tekapo power stations. Perhaps, as a courtesy to its owners, they might deign to enlighten us? It is clear this is not thought of as a good idea by those who know something about electricity in NZ

    http://www.stuff.co.nz/business/industries/4300898/Tekapo-sale-rearranging-Titanics-deckchairs

    though perhaps a minister with, as far as I can tell, no knowledge of the area, knows best?

    • Draco T Bastard 4.1

      Does Genesis not feel the need to explain why they wish to acquire the Tekapo power stations.

      Genesis can’t explain it – it wasn’t their idea to buy it but Gerry Brownlee’s and then they were forced to do so by legislation. Quite frankly, it’s just wasting our resources and costing us more in the long run just so NACTs rich mates can get some more of our money.

      • jagilby 4.1.1

        Oh yeah, I can see so many of “NACTs rich mates.. [getting] some more of our money” through a sale of hydro assets from one SOE (Meridian) to another (Genesis).

        • Eddie 4.1.1.1

          who’s lending Genesis the money, genius?

          • Swampy 4.1.1.1.1

            What lending? Issuing bonds is collecting money from “the public”.

            • Colonial Viper 4.1.1.1.1.1

              Correction: issuing bonds = going into debt to rich NZ’ers. In this case to pay the NAT Government.

              Here is the question of the day: how are these same NZ’ers going to be able to lend the SOE money from which they will be paid back by the SOE, with interest?

              From the National Government’s tax cuts of course.

              See how clever this is? Bill and John gives money to the rich via tax cuts. The rich then lend that same money back to Bill and John with interest. The rich make even more money, and Bill and John drain the public balance sheet more.

            • Eddie 4.1.1.1.1.2

              issuing bonds is borrowing money not ‘collecting money’ – if they’re borrowing, someone is lending. do you think the lenders are ‘mum and dad’ investors? don’t be naive

        • Draco T Bastard 4.1.1.2

          Bond (Finance)

          In finance, a bond is a debt security, in which the authorized issuer owes the holders a debt and, depending on the terms of the bond, is obliged to pay interest (the coupon) and/or to repay the principal at a later date, termed maturity. A bond is a formal contract to repay borrowed money with interest at fixed intervals.[1]

          So, yeah, issuing bonds is borrowing money.

          • Colonial Viper 4.1.1.2.1

            It always seems strange to me that the Right Wingers are so financially illiterate its up to us Lefties to teach them 🙄

      • Lanthanide 4.1.2

        Even if we imagine this is somehow going to help us, or at best break even, there are going to be considerable costs in simply carrying out the purchase – I’m sure lots of lawyers will have to be involved for example. That ends up being a pure dead-weight loss.

    • Swampy 4.2

      Water from the two Tekapo stations goes into Lake Pukaki which feeds Meridians station
      But there is a lot more water in Pukaki that doesnt come from Tekapo
      The rest of the upper hydro scheme comes from the other lakes Ohau and Pukaki.
      So what is the problem exactly.
      “However, another industry source said even the “meanest, angriest” chief executive controlling Lake Tekapo would struggle to disrupt generation further down the Waitaki scheme.”

      That is so true because Tekapo only puts in a bit of water into the rest of the upper waitaki scheme. and there is only one outlet like most hydros the water goes thru the outlet whether the generation is working or not. if Tekapo A or B are not generating the water carries on down the river to Benmore-owned like Ohau stations by Meridian.

      If you read the article one of the big criticisms is coming from a former CEO of Meridian not exactly unbiased source.

  5. Jeremy Harris 5

    If you read the ODT report it seems to be suggesting the Whirinaki plant’s equipment may be moved overseas after three years…

    • jcuknz 5.1

      Good Oh … that will help with our balance of payment deficit … until we need it again at how much more?

  6. Swampy 6

    Selling assets is not privatisation, otherwise no SOE could ever sell anything. If a SOE buys something are they nationalising it? LOL

    “It looks like they’ll be forced to give the money to the government as a special dividend”

    Michael Cullen did a lot of this, he got $300 million out of Meridian to buy Kiwirail

    • Colonial Viper 6.1

      You’re saying that Cullen ordered Meridian to issue debt to pay the Govt monies?

      No that didn’t happen AFAIK.

      Selling assets is not privatisation, otherwise no SOE could ever sell anything.

      Under a new Labour Govt that is exactly correct: no SOE or part of an SOE will be sold

      Under NAT: expect asset sales (or as this post points out, the net value of an SOE’s assets to be plundered by the NATs).

      • Swampy 6.1.1

        Yes in 2008 Meridian borrowed money to pay that year’s dividend of $300 million.
        We do not know what Cullen might or might not have said to the board, however the government is the shareholder and appoints the board. No one in their right mind is going to believe the government would not be communicating with board members when they want a payout.

        An SOE selling part of its assets is not privatisation. They buy and sell stuff all the time. Meridian sold something they owned in Australia for $650 million in 2005 and paid out $800 million special dividend so that was when Labour was in power. That must be a privatisation.

        Also Michael Cullen sold Terralink very early in the first term of Labour.

        • Colonial Viper 6.1.1.1

          An SOE selling part of its assets is not privatisation. They buy and sell stuff all the time.

          OK I’ll accept that, if buying and selling over time keeps the value of SOE assets constant or increasing its not a strategy of privatisation, its simply carrying out normal business.

          HOWEVER If any SOE is a constant net seller of assets, it is privitisation by stealth, also known as asset stripping.

  7. Fisiani 7

    Do you reckon if this goes through that National support will go up from 55% to 57%?

    • Craig Glen Eden 7.1

      Probably because the people they phone poll are rich and they will have got tax cuts and maybe depending on their job a bottle of wine from that nice John Key.

      When investers invested with Mark Hotchin and Eric Watson do you think they also thought they were good blokes who had the investors interests at heart? Or do you think they thought these guys are theives yeeah lets give them our hard earned savings to run off with to the Gold Coast.

  8. The SOE model needs to be questioned.

    This is rather revealing:

    ‘The company is still state-owned. But, says Elder, managing Solid Energy is no different to managing a private sector business. “I don’t think of it as a government company. We have a very clear mandate that our responsibility is to be a good business. As successful as any comparable private sector company.” And the Government, he says, does not influence decision-making “in any shape or form”.

    Don Elder – The Management Interview
    New Zealand Management, Nov 4, 2003

  9. and wikipedia says:

    The function of SOEs is to operate successfully as a business, as profitable as those not owned by the Crown. The section of the Act defining this is usually interpreted as meaning that SOEs are expected to ready themselves for privatisation…
    though this is not always the case.

    ———–
    The Crown is assisted in the running of SOEs and other Crown-owned companies by the Crown Company Monitoring Advisory Unit (CCMAU – pronounced “see-see-maow”) in The Treasury.
    [edit] List of current state-owned enterprises

    Current state-owned enterprises include:

    * New Zealand Post Limited
    o Kiwibank
    * Meteorological Service of New Zealand Limited (MetService)
    * Airways New Zealand (air traffic control and air navigation providers)
    * Transpower New Zealand Limited
    * Kordia (formerly Broadcast Communications Limited or BCL)
    o Orcon Internet Limited
    * Mighty River Power Limited
    * Meridian Energy Limited
    o Powershop
    * Genesis Power Limited
    * Landcorp
    * Learning Media Limited
    * New Zealand Railways Corporation
    o ONTRACK
    o KiwiRail
    * Solid Energy
    * Crown Fibre Holdings

    Former state-owned enterprises

    Former state-owned enterprises come in three forms – those removed from the Schedules of the Act and made Crown entities, those removed and not privatised, and those removed and privatised. Well-known SOEs that became Crown entity companies include broadcasting companies Television New Zealand Limited (TVNZ) and Radio New Zealand Limited (RNZ).
    [edit] Privatised state-owned enterprises

    Privatised state-owned enterprises include:

    * Telecom Corporation of New Zealand Limited – later unbundled between 2006-2008
    * Petrocorp – sold to Fletcher Energy (now part of Royal Dutch Shell)
    * State Insurance Office
    * Health Computing Service
    * Contact Energy – sold to cornerstone shareholder and sharemarket float in 1999
    * DFC New Zealand Limited – went bankrupt in 1989 and later liquidated
    * Post Office Bank Limited (Postbank) – sold to ANZ
    * New Zealand Shipping Corporation – sold to P&O
    * New Zealand Steel Limited – purchased by BHP
    * Air New Zealand Limited (although the government later bought a controlling share in the company in 2001)
    * Rural Banking and Finance Corporation – purchased by the National Bank of New Zealand)
    * Government Printing Office – now GP Print
    * National Film Unit – purchased by Peter Jackson and renamed Park Road Post
    * Tourist Hotel Corporation of New Zealand Limited
    * Export Guarantee Office
    * Government Supply Brokerage Corporation (NZ) Limited
    * Bank of New Zealand (BNZ)
    * New Zealand Rail Limited (The rail operations of the Railways Corporation) – later renationalised as KiwiRail.
    * GCS Limited – formerly Government Computing Services, purchased by EDS New Zealand
    * Terralink International

  10. Inevitably, because the private buyers will want maximum return on their investment, this diesel-fueled power-generator will go from being an emergency back-up to part of the baseload electricity generation in this country

    Only if the buyer converts it to gas. On diesel, its too expensive to run to ever be profitable. On gas, it has the same economics as any other gas-fired station (and possibly cheaper, as the unprofitability in diesel mode will mean a cheaper sale price). So the government is basically allowing reserve, dry year generation to be converted to baseload – in the process crowding out cleaner, non-emitting options.

  11. john 11

    We all know what ACT-nat* are, Yet kiwis keep buying John’s grooming and suits and his “don’t worry, she’ll be right,be happy” front.They have to accept the blame for voting this mob in. (Like the American Sheeple keep voting for the financial mob which keeps on shearing them!) It makes you want to cry! Or could drive you to self harm?Where’s the nearest Gas Oven? I see the noxious gnome from Epsom got married the other day,John can’t do without him. Key is just a cardboard figue front for the rich b.ggers behind him!

    *Definition of nat very small insects that clusters together ,can be seen on Summer evenings,If only they were harmless.

Links to post

CommentsOpinions

Recent Comments

Recent Posts

FeedsPartyGovtMedia

  • Is the Media Complicit?

    This is a long read. Open to all.SYNOPSIS: Traditional media is at a cross roads. There is a need for those in the media landscape, as it stands, to earn enough to stay afloat, but also come across as balanced and neutral to keep its audiences.In America, NYT’s liberal leaning ...
    Mountain TuiBy Mountain Tui
    1 hour ago
  • Black Friday

    It's Black Friday, the end of the weekYou take my hand and hold it gently up against your cheekIt's all in my head, it's all in my mindI see the darkness where you see the lightSong by Tom OdellFriday the 13th, don’t be afraid.No, really, don’t. Everything has felt a ...
    Nick’s KōreroBy Nick Rockel
    2 hours ago
  • Weekly Roundup 13-September-2024

    Ooh, Friday the thirteenth. Spooky! Is that why certain zombie ideas have been stalking the landscape this week, like the Mayor’s brainwave for a motorway bridge from Kauri Point to Point Chev? Read on and find out. This roundup, like all our coverage, is brought to you by the Greater ...
    Greater AucklandBy Greater Auckland
    3 hours ago
  • Skeptical Science New Research for Week #37 2024

    Open access notables Early knowledge but delays in climate actions: An ecocide case against both transnational oil corporations and national governments, Hauser et al., Environmental Science & Policy: Cast within the wide context of investigating the collusion at play between powerful political-economic actors and decision-makers as monopolists and debates about ‘the modern ...
    16 hours ago
  • What it is

    I liked what Kieran McAnulty had to say about the Treaty Principles bill this morning so much I've written it down and copied it out for you. He was saying that rather than let this piece of ordure spend six months in Select Committee, the Prime Minister could stop making such ...
    More Than A FeildingBy David Slack
    19 hours ago
  • A government-funded hate campaign

    Cabinet discussed National's constitutionally and historically illiterate "Treaty Principles Bill" this week, and decided to push on with it. The bill will apparently receive a full six month select committee process - unlike practically every other policy this government has pushed, and despite the fact that if the government is ...
    No Right TurnBy Idiot/Savant
    21 hours ago
  • How Substack works to take (some) craziness out of America’s elections

    I spoke with Substack co-founder yesterday, just before the Trump-Harris debate, about how Substack is doing its thing during the US elections. He talks in particular about how Substack’s focus on paid subscriptions rather than ads has made political debate on the platform calmer, simpler, deeper and more satisfying ...
    The KakaBy Bernard Hickey
    22 hours ago
  • Kamala Harris Did Something Unthinkable

    Hi,Yesterday me and a bunch of friends gathered in front of the TV, ate tortillas, drank wine, and watched the debate between Kamala Harris and Donald Trump.Some of you may have joined in on the live Webworm chat where we shared thoughts, jokes and memes — and a basic glee ...
    David FarrierBy David Farrier
    23 hours ago
  • Kamala Harris Did Something Unthinkable

    Hi,Yesterday me and a bunch of friends gathered in front of the TV, ate tortillas, drank wine, and watched the debate between Kamala Harris and Donald Trump.Some of you may have joined in on the live Webworm chat where we shared thoughts, jokes and memes — and a basic glee ...
    David FarrierBy David Farrier
    23 hours ago
  • Kamala Harris Did Something Unthinkable

    Hi,Yesterday me and a bunch of friends gathered in front of the TV, ate tortillas, drank wine, and watched the debate between Kamala Harris and Donald Trump.Some of you may have joined in on the live Webworm chat where we shared thoughts, jokes and memes — and a basic glee ...
    David FarrierBy David Farrier
    23 hours ago
  • David Seymour is such a loser

    For paid subscribersNot content with siphoning off $230,000,000 of taxpayers money for his hobby projects - and telling everyone his passion is education and early childcare - an intersection painfully coincidental to the interests of wealthy private families like Sean Plunkett’s1 backers, the Wright Family, Seymour is back in the ...
    Mountain TuiBy Mountain Tui
    23 hours ago
  • Cross-party consensus: there’s no pipeline without good faith

    There’s been a lot of talk recently about a cross-party agreement to develop a pipeline for infrastructure, including transport. Last month, outgoing CRL boss Sean Sweeney talked about the importance of securing an enduring infrastructure programme. He outlined the high costs of the relentless political flip-flopping of priorities, which drives ...
    Greater AucklandBy Connor Sharp
    1 day ago
  • Voters love this climate policy they’ve never heard of

    This is a re-post from Yale Climate Connections by Karin Kirk The Inflation Reduction Act is the Biden administration’s signature climate law and the largest U.S. government investment in reducing climate pollution to date. Among climate advocates, the policy is well-known and celebrated, but beyond that, only a minority of Americans ...
    1 day ago
  • ACC wants to administer inflation at more than double the RBNZ’s target rate

    ACC levies are set to rise at more than double the inflation rate targeted by the RBNZ. Photo: Lynn GrievesonKia ora. Long stories short, here’s my top six things to note in Aotearoa’s political economy around housing, climate and poverty on Thursday, September 12:The state-owned monopoly for accident insurance wants ...
    The KakaBy Bernard Hickey
    1 day ago
  • Harris vs Trump

    We’ve been selected to rock your asses 'til midnightThis is my term, I've shaved off my perm, but it's alrightI solemnly swear to uphold the ConstitutionGot a rock 'n' roll problem? Well we got a solutionLet us be who we am, and let us kick out the jams, yeahKick out ...
    Nick’s KōreroBy Nick Rockel
    1 day ago
  • Treaty Bill “a political stunt”

    Prime Minister Christopher Luxon appears to have given ACT Leader David Seymour more than he has been admitting in the proposals to go forward with a Treaty Principles Bill.All along, Luxon has maintained that the Government is proceeding with the Bill to honour the coalition agreement.But that is quite specific.It ...
    PolitikBy Richard Harman
    1 day ago
  • An average 219 NZers migrated each day in July

    Kia ora. Long stories short, here’s my top six things to note in Aotearoa’s political economy around housing, climate and poverty on Wednesday, September 11:Annual migration of New Zealanders rose to a record-high 80,963 in the year to the end of July, which is more than double its pre-Covid levels.Two ...
    The KakaBy Bernard Hickey
    2 days ago
  • What you’re wanting to win more than anything is The Narrative

    Hubris is sitting down on election day 2016 to watch that pig Trump get his ass handed to him, and watching the New York Times needle hover for a while over Hillary and then move across to Trump where it remains all night to your gathering horror and dismay. You're ...
    More Than A FeildingBy David Slack
    2 days ago
  • National’s automated lie machine

    The government has a problem: lots of people want information from it all the time. Information about benefits, about superannuation, ACC coverage and healthcare, taxes, jury service, immigration - and that's just the routine stuff. Responding to all of those queries takes a lot of time and costs a lot ...
    No Right TurnBy Idiot/Savant
    2 days ago
  • Christopher Luxon: A Man of “Faith” and “Compassion” Speaks on the Treaty Pr...

    Synopsis: Today - we explore two different realities. One where National lost. And another - which is the one we are living with here. Note: the footnote on increased fees/taxes may be of interest to some readers.Article open.Subscribe nowIt’s an alternate timeline.Yesterday as news broke that the central North Island ...
    Mountain TuiBy Mountain Tui
    2 days ago
  • Member’s Day

    Today is a Member's Day. First up is the third reading of Dan Bidois' Fair Trading (Gift Card Expiry) Amendment Bill, which will be followed by the committee stage of Deborah Russell's Family Proceedings (Dissolution for Family Violence) Amendment Bill. This will be followed by the second readings of Katie ...
    No Right TurnBy Idiot/Savant
    2 days ago
  • Northern Expressway Boondoggle

    Transport Minister Simeon Brown has been soaring high with his hubris of getting on and building motorways but some uncomfortable realities are starting to creep in. Back in July he announced that the government was pushing on with a Northland Expressway using an “accelerated delivery strategy” The Coalition Government is ...
    2 days ago
  • Never Enough

    However much I'm falling downNever enoughHowever much I'm falling outNever, never enough!Whatever smile I smile the mostNever enoughHowever I smile I smile the mostSongwriters: Robert James Smith / Simon Gallup / Boris Williams / Porl ThompsonToday in Nick’s Kōrero:A death in the Emergency Department at Rotorua Hospital.A sad homecoming and ...
    Nick’s KōreroBy Nick Rockel
    2 days ago
  • Question Two of The Kākā Project of 2026 for 2050 (TKP 26/50)

    Kia ora.Last month I proposed restarting The Kākā Project work done before the 2023 election as The Kākā Project of 2026 for 2050 (TKP 26/50), aiming to be up and running before the 2025 Local Government elections, and then in a finalised form by the 2026 General Elections.A couple of ...
    The KakaBy Bernard Hickey
    2 days ago
  • Why is God Obsessed with Spanking?

    Hi,If you’ve read Webworm for a while, you’ll be aware that I’ve spent a lot of time writing about horrific, corrupt megachurches and the shitty men who lead them.And in all of this writing, I think some people have this idea that I hate Christians or Christianity. As I explain ...
    David FarrierBy David Farrier
    2 days ago
  • Inside the public service

    In 2023, there were 63,117 full-time public servants earning, on average, $97,200 a year each. All up, that is a cost to the Government of $6.1 billion a year. It’s little wonder, then, that the public service has become a political whipping boy castigated by the Prime Minister and members ...
    PolitikBy Richard Harman
    2 days ago
  • New Models Show Stronger Atlantic Hurricanes, and More of Them

    This is a re-post from This is Not Cool Here’s an example of some of the best kind of climate reporting, especially in that it relates to impacts that will directly affect the audience. WFLA in Tampa conducted a study in collaboration with the Department of Energy, analyzing trends in ...
    3 days ago
  • Where ever do they find these people?

    A riddle wrapped in a mystery inside an enigma, is how Winston Churchill described the Soviet Union in 1939.  How might the great man have described the 2024 government of New Zealand, do we think? I can't imagine he would have thought them all that mysterious or enigmatic. I think ...
    More Than A FeildingBy David Slack
    3 days ago
  • Motorway madness

    How mad is National's obsession with roads? One of their pet projects - a truck highway to Whangārei - is going to eat 10% of our total infrastructure budget for the next 25 years: Official advice from the Infrastructure Commission shows the government could be set to spend 10 ...
    No Right TurnBy Idiot/Savant
    3 days ago
  • Our transport planning system is fundamentally broken

    Ever since Wayne Brown became mayor (nearly two years ago now) he’s been wanting to progress an “integrated transport plan” with the government – which sounded a lot like the previous Auckland Transport Alignment Project (ATAP) with just a different name. It seems like a fair bit of work progressed ...
    3 days ago
  • Thou Shalt Not Steal

    And they taught usWhoa-oh, black woman, thou shalt not stealI said, hey, yeah, black man, thou shalt not stealWe're gonna civilise your black barbaric livesAnd we teach you how to kneelBut your history couldn't hide the genocideThe hypocrisy to us was realFor your Jesus said you're supposed to giveThe oppressed ...
    Nick’s KōreroBy Nick Rockel
    3 days ago
  • How mismanagement, not wind and solar energy, causes blackouts

    This is a re-post from Yale Climate Connections In February 2021, several severe storms swept across the United States, culminating with one that the Weather Channel unofficially named Winter Storm Uri. In Texas, Uri knocked out power to over 4.5 million homes and 10 million people. Hundreds of Texans died as a ...
    3 days ago
  • The ‘Infra Boys’ Highway to Budget Hell

    Chris Bishop has enthusiastically dubbed himself and Simeon Brown “the Infra Boys”, but they need to take note of the sums around their roading dreams. Photo: Lynn GrievesonMōrena. Long stories short, here’s my top six things to note in Aotearoa’s political economy around housing, climate and poverty on Tuesday, September ...
    The KakaBy Bernard Hickey
    3 days ago
  • Media Link: “AVFA” on the politics of desperation.

    In this podcast Selwyn Manning and I talk about what appears to be a particular type of end-game in the long transition to systemic realignment in international affairs, in which the move to a new multipolar order with different characteristics … Continue reading ...
    KiwipoliticoBy Pablo
    4 days ago
  • The cost of flying blind

    Just over two years ago, when worries about immediate mass-death from covid had waned, and people started to talk about covid becoming "endemic", I asked various government agencies what work they'd done on the costs of that - and particularly, on the cost of Long Covid. The answer was that ...
    No Right TurnBy Idiot/Savant
    4 days ago
  • Seymour vs The Clergy

    For paid subscribers“Aotearoa is not as malleable as they think,” Lynette wrote last week on Homage to Simeon Brown:In my heart/mind, that phrase ricocheted over the next days, translating out to “We are not so malleable.”It gave me comfort. I always felt that we were given an advantage in New ...
    Mountain TuiBy Mountain Tui
    4 days ago
  • Unstoppable Minister McKee

    All smiles, I know what it takes to fool this townI'll do it 'til the sun goes downAnd all through the nighttimeOh, yeahOh, yeah, I'll tell you what you wanna hearLeave my sunglasses on while I shed a tearIt's never the right timeYeah, yeahSong by SiaLast night there was a ...
    Nick’s KōreroBy Nick Rockel
    4 days ago
  • Could outdoor dining revitalise Queen Street?

    This is a guest post by Ben van Bruggen of The Urban Room,.An earlier version of this post appeared on LinkedIn. All images are by Ben. Have you noticed that there’s almost nowhere on Queen Street that invites you to stop, sit outside and enjoy a coffee, let alone ...
    Greater AucklandBy Guest Post
    4 days ago
  • Hipkins challenges long-held Labour view Government must stay below 30% of GDP

    Hipkins says when considering tax settings and the size of government, the big question mark is over what happens with the balance between the size of the working-age population and the growing number of Kiwis over the age of 65. Photo: Lynn Grieveson / The KākāMōrena. Long stories short; here’s ...
    The KakaBy Bernard Hickey
    4 days ago
  • Your invite to Webworm Chat (a bit like Reddit)

    Hi,One of the things I love the most about Webworm is, well, you. The community that’s gathered around this lil’ newsletter isn’t something I ever expected when I started writing it four years ago — now the comments section is one of my favourite places on the internet. The comments ...
    David FarrierBy David Farrier
    4 days ago
  • Seymour’s Treaty bill making Nats nervous

    A delay in reappointing a top civil servant may indicate a growing nervousness within the National Party about the potential consequences of David Seymour’s Treaty Principles Bill. Dave Samuels is waiting for reappointment as the Chief Executive of Te Puni Kokiri, but POLITIK understands that what should have been a ...
    PolitikBy Richard Harman
    4 days ago
  • 2024 SkS Weekly Climate Change & Global Warming News Roundup #36

    A listing of 34 news and opinion articles we found interesting and shared on social media during the past week: Sun, September 1, 2024 thru Sat, September 7, 2024. Story of the week Our Story of the Week is about how peopele are not born stupid but can be fooled ...
    5 days ago
  • Time for a Change

    You act as thoughYou are a blind manWho's crying, crying 'boutAll the virgins that are dyingIn your habitual dreams, you knowSeems you need more sleepBut like a parrot in a flaming treeI know it's pretty hard to seeI'm beginning to wonderIf it's time for a changeSong: Phil JuddThe next line ...
    Nick’s KōreroBy Nick Rockel
    5 days ago
  • Security Politics in Peripheral Democracies: Excerpt Six.

    The “double shocks” in post Cold War international affairs. The end of the Cold War fundamentally altered the global geostrategic context. In particular, the end of the nuclear “balance of terror” between the USA and USSR, coupled with the relaxation … Continue reading ...
    KiwipoliticoBy Pablo
    5 days ago
  • Buried deep

    Here's a bike on Manchester St, Feilding. I took this photo on Friday night after a very nice dinner at the very nice Vietnamese restaurant, Saigon, on Manchester Street.I thought to myself, Manchester Street? Bicycle? This could be the very spot.To recap from an earlier edition: on a February night ...
    More Than A FeildingBy David Slack
    5 days ago
  • Security Politics in Peripheral Democracies, Excerpt Five.

    Military politics as a distinct “partial regime.” Notwithstanding their peripheral status, national defense offers the raison d’être of the combat function, which their relative vulnerability makes apparent, so military forces in small peripheral democracies must be very conscious of events … Continue reading ...
    KiwipoliticoBy Pablo
    6 days ago
  • Leadership for Dummies

    If you’re going somewhere, do you maybe take a bit of an interest in the place? Read up a bit on the history, current events, places to see - that sort of thing? Presumably, if you’re taking a trip somewhere, it’s for a reason. But what if you’re going somewhere ...
    Nick’s KōreroBy Nick Rockel
    6 days ago
  • Home again

    Hello! Here comes the Saturday edition of More Than A Feilding, catching you up on anything you may have missed. Share Read more ...
    More Than A FeildingBy David Slack
    6 days ago
  • Dead even tie for hottest August ever

    Long stories short, here’s the top six news items of note in climate news for Aotearoa-NZ this week, and a discussion above between Bernard Hickey and The Kākā’s climate correspondent Cathrine Dyer:The month of August was 1.49˚C warmer than pre-industrial levels, tying with 2023 for the warmest August ever, according ...
    The KakaBy Bernard Hickey
    6 days ago
  • The Hoon around the week to Sept 7

    The podcast above of the weekly ‘Hoon’ webinar for paying subscribers on Thursday night features co-hosts and talking about the week’s news with:The Kākā’s climate correspondent on the latest climate science on rising temperatures and the debate about how to responde to climate disinformation; and special guest ...
    The KakaBy Bernard Hickey
    6 days ago
  • Have We an Infrastructure Deficit?

    An Infrastructure New Zealand report says we are keeping up with infrastructure better than we might have thought from the grumbling. But the challenge of providing for the future remains.I was astonished to learn that the quantity of our infrastructure has been keeping up with economic growth. Your paper almost ...
    PunditBy Brian Easton
    7 days ago
  • Councils reject racism

    Last month, National passed a racist law requiring local councils to remove their Māori wards, or hold a referendum on them at the 2025 local body election. The final councils voted today, and the verdict is in: an overwhelming rejection. Only two councils out of 45 supported National's racist agenda ...
    No Right TurnBy Idiot/Savant
    7 days ago
  • Homage to Simeon Brown

    Open to all - happy weekend ahead, friends.Today I just want to be petty. It’s the way I imagine this chap is -Not only as a political persona. But his real-deal inner personality, in all its glory - appears to be pure pettiness & populist driven.Sometimes I wonder if Simeon ...
    Mountain TuiBy Mountain Tui
    7 days ago
  • Government of deceit

    When National cut health spending and imposed a commissioner on Te Whatu Ora, they claimed that it was necessary because the organisation was bloated and inefficient, with "14 layers of management between the CEO and the patient". But it turns out they were simply lying: Health Minister Shane Reti’s ...
    No Right TurnBy Idiot/Savant
    7 days ago
  • The professionals actually think and act like our Government has no fiscal crisis at all

    Treasury staff at work: The demand for a new 12-year Government bond was so strong, Treasury decided to double the amount of bonds it sold. Photo: Lynn GrievesonMōrena. Long stories short; here’s my top six things to note in Aotearoa’s political economy around housing, climate and poverty on Friday, September ...
    The KakaBy Bernard Hickey
    7 days ago
  • Weekly Roundup 6-September-2024

    Welcome to another Friday and another roundup of stories that caught our eye this week. As always, this and every post is brought to you by the Greater Auckland crew. If you like our work and you’d like to see more of it, we invite you to join our regular ...
    Greater AucklandBy Greater Auckland
    1 week ago
  • Security Politics in Peripheral Democracies; Excerpt Four.

    Internal versus external security. Regardless of who rules, large countries can afford to separate external and internal security functions (even if internal control functions predominate under authoritarian regimes). In fact, given the logic of power concentration and institutional centralization of … Continue reading ...
    KiwipoliticoBy Pablo
    1 week ago
  • A Hole In The River

    There's a hole in the river where her memory liesFrom the land of the living to the air and skyShe was coming to see him, but something changed her mindDrove her down to the riverThere is no returnSongwriters: Neil Finn/Eddie RaynerThe king is dead; long live the queen!Yesterday was a ...
    Nick’s KōreroBy Nick Rockel
    1 week ago
  • Bright Blue His Jacket Ain’t But I Love This Fellow: A Review and Analysis of The Rings of Power E...

    My conclusion last week was that The Rings of Power season two represented a major improvement in the series. The writing’s just so much better, and honestly, its major problems are less the result of the current episodes and more creatures arising from season one plot-holes. I found episode three ...
    1 week ago
  • Who should we thank for the defeat of the Nazis

    As a child in the 1950s, I thought the British had won the Second World War because that’s what all our comics said. Later on, the films and comics told me that the Americans won the war. In my late teens, I found out that the Soviet Union ...
    1 week ago
  • Skeptical Science New Research for Week #36 2024

    Open access notables Diurnal Temperature Range Trends Differ Below and Above the Melting Point, Pithan & Schatt, Geophysical Research Letters: The globally averaged diurnal temperature range (DTR) has shrunk since the mid-20th century, and climate models project further shrinking. Observations indicate a slowdown or reversal of this trend in recent decades. ...
    1 week ago
  • Join us for the weekly Hoon on YouTube Live at 5pm

    Photo by Jenny Bess on UnsplashCome and join us for our weekly ‘Hoon’ webinar with paying subscribers to The Kākā for an hour at 5 pm.Jump on this link on YouTube Livestream for our chat about the week’s news with special guests:5.00 pm - 5.10 pm - Bernard and ...
    The KakaBy Bernard Hickey
    1 week ago
  • Media Link: Discussing the NZSIS Security Threat Report.

    I was interviewed by Mike Hosking at NewstalkZB and a few other media outlets about the NZSIS Security Threat Report released recently. I have long advocated for more transparency, accountability and oversight of the NZ Intelligence Community, and although the … Continue reading ...
    KiwipoliticoBy Pablo
    1 week ago
  • How do I make this better for people who drive Ford Rangers?

    Home, home again to a long warm embrace. Plenty of reasons to be glad to be back.But also, reasons for dejection.You, yes you, Simeon Brown, you odious little oik, you bible thumping petrol-pandering ratfucker weasel. You would be Reason Number One. Well, maybe first among equals with Seymour and Of-Seymour ...
    More Than A FeildingBy David Slack
    1 week ago
  • A missed opportunity

    The government introduced a pretty big piece of constitutional legislation today: the Parliament Bill. But rather than the contentious constitutional change (four year terms) pushed by Labour, this merely consolidates the existing legislation covering Parliament - currently scattered across four different Acts - into one piece of legislation. While I ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Nicola Willis Seeks New Sidekick To Help Fix NZ’s Economy

    Synopsis:Nicola Willis is seeking a new Treasury Boss after Dr Caralee McLiesh’s tenure ends this month. She didn’t listen to McLiesh. Will she listen to the new one?And why is Atlas Network’s Taxpayers Union chiming in?Please consider subscribing or supporting my work. Thanks, Tui.About CaraleeAt the beginning of July, Newsroom ...
    Mountain TuiBy Mountain Tui
    1 week ago
  • Inflation alive and kicking in our land of the long white monopolies

    The golden days of profit continue for the the Foodstuffs (Pak’n’Save and New World) and Woolworths supermarket duopoly. Photo: Lynn Grieveson / The KākāMōrena. Long stories short; here’s my top six things to note in Aotearoa’s political economy around housing, climate and poverty on Thursday, September 5:The Groceries Commissioner has ...
    The KakaBy Bernard Hickey
    1 week ago
  • The thermodynamics of electric vs. internal combustion cars

    This is a re-post from The Climate Brink by Andrew Dessler I love thermodynamics. Thermodynamics is like your mom: it may not tell you what you can do, but it damn well tells you what you can’t do. I’ve written a few previous posts that include thermodynamics, like one on air capture of ...
    1 week ago
  • Security Politics in Peripheral Democracies: Excerpt Three.

    The notion of geopolitical  “periphery.” The concept of periphery used here refers strictly to what can be called the geopolitical periphery. Being on the geopolitical periphery is an analytic virtue because it makes for more visible policy reform in response … Continue reading ...
    KiwipoliticoBy Pablo
    1 week ago
  • Venus Hum

    Fill me up with soundThe world sings with me a million smiles an hourI can see me dancing on my radioI can hear you singing in the blades of grassYellow dandelions on my way to schoolBig Beautiful Sky!Song: Venus Hum.Good morning, all you lovely people, and welcome to the 700th ...
    Nick’s KōreroBy Nick Rockel
    1 week ago
  • I Went to a Creed Concert

    Note: The audio attached to this Webworm compliments today’s newsletter. I collected it as I met people attending a Creed concert. Their opinions may differ to mine. Read more ...
    David FarrierBy David Farrier
    1 week ago
  • Government migration policy backfires; thousands of unemployed nurses

    The country has imported literally thousands of nurses over the past few months yet whether they are being employed as nurses is another matter. Just what is going on with HealthNZ and it nurses is, at best, opaque, in that it will not release anything but broad general statistics and ...
    PolitikBy Richard Harman
    1 week ago
  • A Time For Unity.

    Emotional Response: Prime Minister Christopher Luxon addresses mourners at the tangi of King Tuheitia on Turangawaewae Marae on Saturday, 31 August 2024.THE DEATH OF KING TUHEITIA could hardly have come at a worse time for Maoridom. The power of the Kingitanga to unify te iwi Māori was demonstrated powerfully at January’s ...
    1 week ago
  • Climate Change: Failed again

    National's tax cut policies relied on stealing revenue from the ETS (previously used to fund emissions reduction) to fund tax cuts to landlords. So how's that going? Badly. Today's auction failed again, with zero units (of a possible 7.6 million) sold. Which means they have a $456 million hole in ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Security Politics in Peripheral Democracies: Excerpt Two.

    A question of size. Small size generally means large vulnerability. The perception of threat is broader and often more immediate for small countries. The feeling of comparative weakness, of exposure to risk, and of potential intimidation by larger powers often … Continue reading ...
    KiwipoliticoBy Pablo
    1 week ago

  • Minister to attend Police Ministers Council Meeting

    Police Minister Mark Mitchell will join with Australian Police Ministers and Commissioners at the Police Ministers Council meeting (PMC) today in Melbourne. “The council is an opportunity to come together to discuss a range of issues, gain valuable insights on areas of common interest, and different approaches towards law enforcement ...
    BeehiveBy beehive.govt.nz
    2 hours ago
  • New Bill to crack down on youth vaping

    The coalition Government has introduced legislation to tackle youth vaping, Associate Health Minister Casey Costello announced today. “The Smokefree Environments and Regulated Products Amendment Bill (No 2) is aimed at preventing youth vaping.  “While vaping has contributed to a significant fall in our smoking rates, the rise in youth vaping ...
    BeehiveBy beehive.govt.nz
    18 hours ago
  • Interest in agricultural and horticultural products regulatory review welcomed

    Regulation Minister David Seymour, Environment Minister Penny Simmonds, and Food Safety Minister Andrew Hoggard have welcomed interest in the agricultural and horticultural products regulatory review. The review by the Ministry for Regulation is looking at how to speed up the process to get farmers and growers access to the safe, ...
    BeehiveBy beehive.govt.nz
    19 hours ago
  • Bill to allow online charity lotteries passes first reading

    Minister of Internal Affairs Brooke van Velden says the Government is moving at pace to ensure lotteries for charitable purposes are allowed to operate online permanently. Charities fundraising online, such as those run by the Heart Foundation, Coastguard NZ, Auckland Rescue Helicopter Trust and local hospices will continue to do ...
    BeehiveBy beehive.govt.nz
    19 hours ago
  • Tax exempt threshold changes to benefit startups

    Technology companies are among the startups which will benefit from increases to current thresholds of exempt employee share schemes, Science, Innovation and Technology Minister Judith Collins and Revenue Minister Simon Watts say. Tax exempt thresholds for the schemes are increasing as part of the Taxation (Annual Rates for 2024-25, Emergency ...
    BeehiveBy beehive.govt.nz
    19 hours ago
  • Getting the healthcare you need, when you need it

    The path to faster cancer treatment, an increase in immunisation rates, shorter stays in emergency departments and quick assessment and treatments when you are sick has been laid out today. Health Minister Dr Shane Reti has revealed details of how the ambitious health targets the Government has set will be ...
    BeehiveBy beehive.govt.nz
    23 hours ago
  • Targeted supports to accelerate reading

    The coalition Government is delivering targeted and structured literacy supports to accelerate learning for struggling readers. From Term 1 2025, $33 million of funding for Reading Recovery and Early Literacy Support will be reprioritised to interventions which align with structured approaches to teaching. “Structured literacy will change the way children ...
    BeehiveBy beehive.govt.nz
    23 hours ago
  • Survivors invited to Abuse in Care national apology

    With two months until the national apology to survivors of abuse in care, expressions of interest have opened for survivors wanting to attend. “The Prime Minister will deliver a national apology on Tuesday 12 November in Parliament. It will be a very significant day for survivors, their families, whānau and ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Rangatahi inspire at Ngā Manu Kōrero final

    Ehara taku toa i te toa takitahi, engari he toa takitini kē - My success is not mine alone but is the from the strength of the many. Aotearoa New Zealand’s top young speakers are an inspiration for all New Zealanders to learn more about the depth and beauty conveyed ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Driving structured literacy in schools

    The coalition Government is driving confidence in reading and writing in the first years of schooling. “From the first time children step into the classroom, we’re equipping them and teachers with the tools they need to be brilliant in literacy. “From 1 October, schools and kura with Years 0-3 will receive ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Labour’s misleading information is disappointing

    Labour’s misinformation about firearms law is dangerous and disappointing, Associate Justice Minister Nicole McKee says.   “Labour and Ginny Andersen have repeatedly said over the past few days that the previous Labour Government completely banned semi-automatic firearms in 2019 and that the Coalition Government is planning to ‘reintroduce’ them.   ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Govt takes action on mpox response, widens access to vaccine

    The Government is taking immediate action on a number of steps around New Zealand’s response to mpox, including improving access to vaccine availability so people who need it can do so more easily, Health Minister Dr Shane Reti and Associate Health Minister David Seymour announced today. “Mpox is obviously a ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Next steps agreed for Treaty Principles Bill

    Associate Justice Minister David Seymour says Cabinet has agreed to the next steps for the Treaty Principles Bill. “The Treaty Principles Bill provides an opportunity for Parliament, rather than the courts, to define the principles of the Treaty, including establishing that every person is equal before the law,” says Mr Seymour. “Parliament ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Government unlocking potential of AI

    Science, Innovation and Technology Minister Judith Collins today announced a programme to drive Artificial Intelligence (AI) uptake among New Zealand businesses. “The AI Activator will unlock the potential of AI for New Zealand businesses through a range of support, including access to AI research experts, technical assistance, AI tools and resources, ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Government releases Wairoa flood review findings

    The independent rapid review into the Wairoa flooding event on 26 June 2024 has been released, Environment Minister Penny Simmonds, Local Government Minister Simeon Brown and Emergency Management and Recovery Minister Mark Mitchell announced today. “We welcome the review’s findings and recommendations to strengthen Wairoa's resilience against future events,” Ms ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Promoting faster payment times for government

    The Government is sending a clear message to central government agencies that they must prioritise paying invoices in a timely manner, Small Business and Manufacturing Minister Andrew Bayly says. Data released today promotes transparency by publishing the payment times of each central government agency. This data will be published quarterly ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Acknowledgement to Kīngi Tuheitia speech

    E te māngai o te Whare Pāremata, kua riro māku te whakaputa i te waka ki waho moana. E te Pirimia tēnā koe.Mr Speaker, it is my privilege to take this adjournment kōrero forward.  Prime Minister – thank you for your leadership. Taupiri te maunga Waikato te awa Te Wherowhero ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Interim fix to GST adjustment rules to support businesses

    Inland Revenue can begin processing GST returns for businesses affected by a historic legislative drafting error, Revenue Minister Simon Watts says. “Inland Revenue has become aware of a legislative drafting error in the GST adjustment rules after changes were made in 2023 which were meant to simplify the process. This ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Strong uptake for cervical screening self-test

    More than 80 per cent of New Zealand women being tested have opted for a world-leading self-test for cervical screening since it became available a year ago. Minister of Health Dr Shane Reti and Associate Minister Casey Costello, in her responsibility for Women’s Health, say it’s fantastic to have such ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Ministry for Regulation’s first Strategic Intentions document sets ambitious direction

    Regulation Minister David Seymour welcomes the Ministry for Regulation’s first Strategic Intentions document, which sets out how the Ministry will carry out its work and deliver on its purpose. “I have set up the Ministry for Regulation with three tasks. One, to cut existing red tape with sector reviews. Two, ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Māori Education Advisory Group established

    The Education Minister has established a Māori Education Ministerial Advisory Group made up of experienced practitioners to help improve outcomes for Māori learners. “This group will provide independent advice on all matters related to Māori education in both English medium and Māori medium settings. It will focus on the most impactful ways we can lift ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Government welcomes findings of NZ Superannuation Fund review

    The Government has welcomed the findings of the recent statutory review into the Guardians of New Zealand Superannuation and the New Zealand Superannuation Fund, Minister of Finance Nicola Willis says. The 5-yearly review, conducted on behalf of Treasury and tabled in Parliament today, found the Guardians of New Zealand Superannuation ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • First of five new Hercules aircraft takes flight

    Defence Minister Judith Collins today welcomed the first of five new C-130J-30 Hercules to arrive in New Zealand at a ceremony at the Royal New Zealand Air Force’s Base Auckland, Whenuapai. “This is an historic day for our New Zealand Defence Force (NZDF) and our nation. The new Hercules fleet ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Have your say on suicide prevention

    Today, September 10 is World Suicide Prevention Day, a time to reflect on New Zealand’s confronting suicide statistics, Mental Health Minister Matt Doocey says. “Every death by suicide is a tragedy – a tragedy that affects far too many of our families and communities in New Zealand. We must do ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Action to grow the rural health workforce

    Scholarships awarded to 27 health care students is another positive step forward to boost the future rural health workforce, Associate Health Minister Matt Doocey says. “All New Zealanders deserve timely access to quality health care and this Government is committed to improving health outcomes, particularly for the one in five ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Pharmac delivering more for Kiwis following major funding boost

    Associate Health Minister with responsibility for Pharmac David Seymour has welcomed the increased availability of medicines for Kiwis resulting from the Government’s increased investment in Pharmac. “Pharmac operates independently, but it must work within the budget constraints set by the Government,” says Mr Seymour. “When our Government assumed office, New ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Sport Minister congratulates NZ’s Paralympians

    Sport & Recreation Minister Chris Bishop has congratulated New Zealand's Paralympic Team at the conclusion of the Paralympic Games in Paris.  “The NZ Paralympic Team's success in Paris included fantastic performances, personal best times, New Zealand records and Oceania records all being smashed - and of course, many Kiwis on ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Government progresses response to Abuse in Care recommendations

    A Crown Response Office is being established within the Public Service Commission to drive the Government’s response to the Royal Commission into Abuse in Care. “The creation of an Office within a central Government agency was a key recommendation by the Royal Commission’s final report.  “It will have the mandate ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Passport wait times back on-track

    Minister of Internal Affairs Brooke van Velden says passport processing has returned to normal, and the Department of Internal Affairs [Department] is now advising customers to allow up to two weeks to receive their passport. “I am pleased that passport processing is back at target service levels and the Department ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • New appointments to the FMA board

    Commerce and Consumer Affairs Minister has today announced three new appointments and one reappointment to the Financial Markets Authority (FMA) board. Tracey Berry, Nicholas Hegan and Mariette van Ryn have been appointed for a five-year term ending in August 2029, while Chris Swasbrook, who has served as a board member ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • District Court judges appointed

    Attorney-General Hon Judith Collins today announced the appointment of two new District Court judges. The appointees, who will take up their roles at the Manukau Court and the Auckland Court in the Accident Compensation Appeal Jurisdiction, are: Jacqui Clark Judge Clark was admitted to the bar in 1988 after graduating ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Government makes it faster and easier to invest in New Zealand

    Associate Minister of Finance David Seymour is encouraged by significant improvements to overseas investment decision timeframes, and the enhanced interest from investors as the Government continues to reform overseas investment. “There were about as many foreign direct investment applications in July and August as there was across the six months ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • New Zealand to join Operation Olympic Defender

    New Zealand has accepted an invitation to join US-led multi-national space initiative Operation Olympic Defender, Defence Minister Judith Collins announced today. Operation Olympic Defender is designed to coordinate the space capabilities of member nations, enhance the resilience of space-based systems, deter hostile actions in space and reduce the spread of ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government commits to ‘stamping out’ foot and mouth disease

    Biosecurity Minister Andrew Hoggard says that a new economic impact analysis report reinforces this government’s commitment to ‘stamp out’ any New Zealand foot and mouth disease incursion. “The new analysis, produced by the New Zealand Institute of Economic Research, shows an incursion of the disease in New Zealand would have ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Improving access to finance for Kiwis

    5 September 2024  The Government is progressing further reforms to financial services to make it easier for Kiwis to access finance when they need it, Commerce and Consumer Affairs Minister Andrew Bayly says.  “Financial services are foundational for economic success and are woven throughout our lives. Without access to finance our ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Prime Minister pays tribute to Kiingi Tuheitia

    As Kiingi Tuheitia Pootatau Te Wherowhero VII is laid to rest today, Prime Minister Christopher Luxon has paid tribute to a leader whose commitment to Kotahitanga will have a lasting impact on our country. “Kiingi Tuheitia was a humble leader who served his people with wisdom, mana and an unwavering ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Resource Management reform to make forestry rules clearer

    Forestry Minister Todd McClay today announced proposals to reform the resource management system that will provide greater certainty for the forestry sector and help them meet environmental obligations.   “The Government has committed to restoring confidence and certainty across the sector by removing unworkable regulatory burden created by the previous ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • More choice and competition in building products

    A major shake-up of building products which will make it easier and more affordable to build is on the way, Building and Construction Minister Chris Penk says. “Today we have introduced legislation that will improve access to a wider variety of quality building products from overseas, giving Kiwis more choice and ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Joint Statement between the Republic of Korea and New Zealand 4 September 2024, Seoul

    On the occasion of the official visit by the Right Honourable Prime Minister Christopher Luxon of New Zealand to the Republic of Korea from 4 to 5 September 2024, a summit meeting was held between His Excellency President Yoon Suk Yeol of the Republic of Korea (hereinafter referred to as ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Comprehensive Strategic Partnership the goal for New Zealand and Korea

    Prime Minister Christopher Luxon held a bilateral meeting today with the President of the Republic of Korea, Yoon Suk Yeol. “Korea and New Zealand are likeminded democracies and natural partners in the Indo Pacific. As such, we have decided to advance discussions on elevating the bilateral relationship to a Comprehensive ...
    BeehiveBy beehive.govt.nz
    1 week ago

Page generated in The Standard by Wordpress at 2024-09-12T23:11:57+00:00