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Flogging off Kiwibank

Written By: - Date published: 9:42 am, March 31st, 2016 - 67 comments
Categories: assets, john key, privatisation - Tags: , , , ,

I suppose it was about time for this old chestnut to roll around again:

Liam Dann: Time to sell Kiwibank and NZ Post

The time has come to split Kiwibank from its parent NZ Post and sell them both.

No it hasn’t.

Kiwibank was launched in 2002 to provide New Zealanders with a locally-owned alternative to the Australian banks.

Yes it was, and so it does.

It is a fantastic company, it has built a great brand and customer base but it needs to grow if it is to provide some serious competition to the big four.

Flogging it off will just turn the big 4 Aussie banks into the big 5, reducing competition, not enhancing it. If you want Kiwibank / competition to grow, find other ways to do it.

National have long wanted to sell Kiwibank. Fortunately, public reaction forced a backdown:

PM pledges not to sell Kiwibank after all

Prime Minister John Key has changed his position on the sale of Kiwibank and now says there will be no sale or part sale while he is Prime Minister.

No sale or part sale is pretty clear, so I guess Dann is floating his balloon in vain. Unless of course Key would break a clearly stated promise. But he would never do that, would he?

67 comments on “Flogging off Kiwibank”

  1. Sabine 1

    Well he would not sell it as long as HE is PM. What would happen under a PM COLLINS and that lovely BENNETT?

    would they sell it? You betcha.

    • Mosa 1.1

      Anyone who believes John Key on anything is a bloody idiot
      He is New Zealanders greatest manipulator
      He will go into the 2017 election with a policy to sell it with a mandate which all those bloody idiots will give him again

      • Mosa 1.1.1

        When listening to anything he says believe the complete opposite of what he is commenting on
        Then the shock and disappointment is minimal

  2. mac1 2

    Typical approach of this government. This comment is a reaction to another post wherein the NZLP is given a serve for releasing discussion points and then getting hammered in the media for stupid ‘barking mad’ policy.

    What this government does is, and a compliant media assists in this, is let an idea escape in to the community without saying it could be govt policy if it gets enough favourable, or little, negative reaction. Focus groups can then be employed.

    Kiwi Bank sales has already had a wee public airing. I commented on it five days ago as a possible government direction in its final flurries to enable its neo-lib agenda. Obviously, the reaction was unfavourable to Kiwi Bank sales.

    Or are they still testing the waters with Dann? As Key often says, “I can get another and different opinion on that.”

  3. David H 3

    You can imagine it tho. Key “I have sold KiwiBank and I resign suckers!!”

  4. DH 4

    Looks to me like he was under orders, it’s a rather strange rant for someone claiming to be a business editor.

    He says this…..

    “If the Government floated 49 per cent on the NZX it could net $750 million and deliver the company some much needed capital to grow and boost its profitability.”

    A float such as that delivers no capital at all to the company. So why did he say it would, a business editor should know the difference between a share sale and a capital raising.

    • Lara 4.1

      What the…. ???

      An IPO IS an effective way to raise capital.

      Where exactly do you think the money goes when people buy those shares that the company sells?

      • Outdoor 4.1.1

        The government is the sole shareholder so should get the money from selling its shares, if it chooses to invest that money in kiwibank what does that do to the shareholding ratios? Look at the power companies where the government took the money & wasted it on irrigation. Some of the money might have been used for education, almost a waste as the government are most in need of a real education in looking after others instead of chasing after the 1%.

  5. left for dead 5

    I found it interesting with question time (parliament) yesterday when the co-leader of the Green party had been peppering Blingish with Questions, and one response from Bling’ was the Government propping up NZ Post with business after that failed flag thingy, if she was a bit more quick witted, could have suggested that Kiwi bank would be a good fit for further Gov’ business by making them the Government’s bank of choose.

    • Heather Grimwood 5.1

      Concurring with ‘left for dead’ : I have always thought Kiwibank should have had official Government backing. It has amazed me since its inception though, how many seemingly leftwing voters retain/ed their previous bank , because surely only the power of the people (one again) can give it real strength. Maybe some were hindered through being tied to mortgages, but I also think many just didn’t get their heads round it. It would seem that urgent PR in it’s cause is needed.

  6. Colonial Viper 6

    What’s the Opposition’s alternative vision for Kiwi Bank?

  7. Draco T Bastard 7

    It is a fantastic company, it has built a great brand and customer base but it needs to grow if it is to provide some serious competition to the big four.

    And the answer to that is for the government to capitalise it so that it can grow.

    Selling it won’t actually do that. All selling it would do is cause the same to happen to Kiwibank as happened to Eagle Boyz pizza when Restaurant Brands bought it out. It got swallowed whole by Pizza Hut (a wholly owned subsidiary of Restaurant Brands) and even the name disappeared. Another example of that is Georgie Pie which got bought out and closed down by McDonalds.

    When you sell a competing brand to the competition it gets closed down because the competition doesn’t want it there to take away from their standing. It doesn’t grow in size.

    • NZJester 7.1

      If the government was serious about Kiwibank they would have moved the government bank accounts to it from Westpac. That would help it grow and help provide serious competition to the big 4.

      As for NZ Post as I said in my comment on Daily Review for the 30th (Instead of improving services to keep exiting customers and win back old ones, the management at NZ Post seamed to have been trying to run down its services and loose customers so that the government can easily make a case to get rid of it.)

      • Heather Grimwood 7.1.1

        Thank you NZJester…..I knew Kiwibank had not status yet of a trading bank, but didn’t know the Govt used Westpac. I reiterate that in lieu of Govt encouragement ( e.g. PR ) for Kiwibank, only people power will improve matters. Therefore an alternative PR source would seem to be needed.

        • Colonial Viper 7.1.1.1

          Kiwi Bank is a registered bank like SBS; I don’t think that there is any special additional status required to be considered a “trading bank” except that the big players like to call their own cosy club that.

          • Heather Grimwood 7.1.1.1.1

            I’m using wrong term I guess. Just know they don’t have money exchange.

        • left for dead 7.1.1.2

          Heather and NZjester, I have a feeling The Government has rolled over their contract will Westpac last year, for a long period of time.

          A shame

    • Chooky 7.2

      +100…where are the Left parties on this?…they should be jumping up and down in the defence of KiwiBank…afterall it was set up by Jim Anderton

      …and will KiwiBank be sold to Goldman Sachs?

    • Kevin 7.3

      WestpacTrust all over again.

    • Jones 7.4

      Just like Westpac gobbled the Trust Bank brand, ANZ gobbled PostBank and National Bank gobbled Countrywide before being gobbled themselves by ANZ.

      And it was so frustrating to listen to ANZ, during the initial takeover of National Bank, crowing about having more branches than any other bank, knowing full well that the plan was already in place to rationalise the location and number of branches. How do they get away with that…?

    • dave 7.5

      with interest rates slowly moving to zirp or worse nirp having money in any bank doesn’t make sense except for making payment so all that is needed is a low cost transaction service Australian banks have loaned hundreds billions into the mining sector with massive exposure to property bubbles in Australia and new Zealand banks are no longer safe stores of savings . i cant see the point of turning kiwi bank into house of cards when it would serve the community better if it were ran as utility

  8. slumbergod 8

    For Sale. One Used Prime Minister. Lacks integrity and is prone to lying. Also a bit shady. Any takers?

  9. Chch_chiquita 9

    I was already considering moving all our private and business accounts to Kiwibank because it is the only local bank, but now I will wait. If it will be sold and become just like Westpac than I might as well stay with what I have now.

    • Phil 9.1

      because it [Kiwibank] is the only local bank

      Are you not familiar with TSB Bank, SBS Bank, Co-Operative Bank, or Heartland Bank?

      They are also 100% locally/NZ-owned.

      • Colonial Viper 9.1.1

        That’s a small fraction of the banks we used to own. I used to bank with Trust Bank, for instance. Long swallowed up.

        And all those remaining NZ banks all put together control a near-negligible proportion of NZ deposits and mortgages.

        • Phil 9.1.1.1

          all those remaining NZ banks all put together control a near-negligible proportion of NZ deposits and mortgages.

          Which tells you everything you need to know about the importance New Zealand depositors place on local ownership.

          • ropata 9.1.1.1.1

            there was a slight kerfuffle when the BNZ collapsed, was bailed out, then sold off to some Aussie outfit

            1990 SAW the country face up to the horror of finding the-then “People’s Bank”, BNZ, on the edge of collapse. Falls in commercial property prices led to a wave of loan impairment for the bank, much of it on Australian loans. To prop it up, the incoming National government chipped in $620m. It wasn’t the first capital injection. Fay Richwhite had bought a shareholding in BNZ for $300m the previous year. Around 13% had been floated to the public in 1987. Ruth Richardson saw no need for the government to own it and perhaps wished Roger Douglas had been allowed to sell the whole thing. In the end National Australia Bank paid $1.48b for it. It was a bargain. In the past six years the company has made a net profit for shareholders of $3.61b.

            http://www.stuff.co.nz/sunday-star-times/776473/Lessons-of-the-past

          • Heather Grimwood 9.1.1.1.2

            To Phil: Possibly says something about the fiscal position of those who CAN invest…at least to do so substantially.

          • Draco T Bastard 9.1.1.1.3

            No, it tells you all you need to know about advertising and how it manipulates people.

            • Heather Grimwood 9.1.1.1.3.1

              To Phil: think we are stating in different frameworks the same fact..that non-caring (greed) escalates with fiscal accumulation.

              • Phil

                I don’t think that’s right at all. The interest rate on a deposit at each of the banks (be it a locally- or Australian- or elsewhere-owned bank) is much of a muchness. If the issue for depositors really was just greed, then surely we’d see money flood into whichever bank offered the highest rate of return on any given day… but that’s not what happens.

                Instead, I think it’s more about risk. Whether or not you agree with it, most people perceive the big four Australian-owned banks as being the ‘safest’, so that’s where they stick their money.

          • greywarshark 9.1.1.1.4

            Phil
            ‘Which tells you everything you need to know about the importance New Zealand depositors place on local ownership.’

            Which tells us that you just spout the usual misinformation and speculation that passes for firm opinion. Probably this is what rises out of focus groups to inform the government so they know which rug they can slide their dodgy dealings under.

            NZs don’t know enough about the workings of finance entities and the predatory nature of Australia as far as NZ is concerned, and the savage behaviour of most business even if it adopts the ‘iron hand in a velvet glove’ approach. We have
            thought that Australia was a friendly nation to us in every way, why wouldn’t we trust their banks. We didn’t think of the balance of payments, or current a/c deficit or whatever. We haven’t got past household financing and whether you use fixed or floating interest rates for one to five years.

      • Ch-ch Chiquita 9.1.2

        I am familiar but I also need business banking and I like to keep it simple for myself and have it all in one place, Kiwibank was the only local alternative I could find to give me solutions to all I need.

      • greywarshark 9.1.3

        TSB is the only other fully independent bank I think. The others operate under the umbrella of others to process transactions SBS is Westpac, Co-operative and no doubt Heartland though I don’t know if the last two are Westpac.

        SBS in their timeline say this for –
        2002 Full transactional banking and SBS website launched.
        2008 SBS achieves bank registration on October 7, making history by becoming the first building Society in the world to also become a registered bank. SBS total assets reach $2.43 billion.

        NZ banks – 2013 Massey report

        A useful link about commercial and investment banks and mentoning the Glass Steagall Act which I hear about but didn’t know anything of.
        http://lexicon.ft.com/Term?term=commercial-bank

  10. Stuart Munro 10

    It was inevitable that this thoroughly bankrupt National government would sell kiwibank – but they won’t get much for it – customers will desert it en mass if it goes offshore.

    • Colonial Viper 11.1

      And the seven figure parasites from GS (the “vampire squid”) roll on into town.

      • Phil 11.1.1

        our local district KiwiBank is no longer enrolling new accounts

        What? Do you mean Kiwibank deposit/loan accounts, or Kiwisaver enrollments? Or something else?

        • Chooky 11.1.1.1

          i think new KiwiBank accounts….(I was helping someone from overseas with English as a second language, who already had an account with Westpac in Australia, open a NZ account …and we were told this by the local Westpac …that they were the only bank in town now)…so I am not sure of the details …my understanding, without talking to KiwiBank , is that KiwiBank will help with all existing accounts but not open new accounts because they do not have the staff. They also serve the community as a Post Office.

          ….question is …why doesn’t KiwiBank have the staff now?…is it being starved out ?….and is this happening in other communities around New Zealand?….and if so, under whose direction and decision?

  11. b waghorn 12

    There is no way this government will sell nz post . as sound financial managers they only sell assets that make profit for there new owners while they borrow to prop up the ones they have driven into the dirt. /sarc

  12. Ad 13

    Call me a Chardonnay Socialist, but any attempt to sell Kiwibank off would make my blood boil so much I might even become party-active again.

  13. Kevin 14

    I have been a KiwiBank customer from day 1 and love that fact my ATM card has “Foundation Customer” on the front.

    I would be gutted to see them sold off as I have had great service from them over the years.

    If they are sold off I would be looking at TSB, Heartland Bank or SBS.

    • Chooky 14.1

      +100 Kevin…we would abandon ship too…for those NZ owned and run banks

    • Phil 14.2

      I have had great service from them over the years

      Accepting that each of us has different personal circumstances and expectations, I’ve been never been impressed with Kiwibank’s customer service. Westpac, for me, has its ups and downs and BNZ have been pretty good.

      Oh, one last one: American Express’ customer service phone line is great. I’ve never spent more than a minute on hold and the first person I talk to is always able to answer my question and has authority to change whatever needs to be changed. There is an upside to globalisation 🙂

      • Draco T Bastard 14.2.1

        There is an upside to globalisation

        Yeah, we’re starting to learn how piss poor our managers are.

      • Chooky 14.2.2

        we have had excellent service from KiwiBank …far better than Westpac !

  14. TC 15

    The PM promised no more assets to be sold so relax folks as he is soooo trustworthy.

  15. nzsage 16

    I’m with Kiwibank and it’s top of my list for customer service, not just as a bank but just about any organisation I’ve dealt with.

    Sell it off and I’m gone, like many other of its customers no doubt.

  16. feijoa 17

    Have just opened an account with the Cooperative Bank- they are looking for new customers I think.
    They told me they get all their money within New Zealand, and share any profits with their members / customers. Kinda like what banks should be..

    • Rodel 17.1

      Been with Kiwibank and Cooperative Bank (ex PSIS) for years and very satisfied. Westpac’s staff arrogant attitude to customers pissed us off so much we closed all accounts & transferred everything to Kiwi and Coop. When hearing of the the transfer Westpac suddenly became caring and friendly. funny that.

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  • Chosen To Rule? What Sort Of Christian Is Chris Luxon?
    National Messiah? Chris Luxon identifies himself as an evangelical Christian. If he is genuine in this self-characterisation, then he will take every opportunity his public office provides to proselytise on behalf of his faith. He will also feel obliged to bear witness against beliefs and practices he believes to be ...
    1 week ago
  • War of the worms
    I'm going to make a Reckless Prediction™ that the Tories have 'topped out' in the 'poll of polls' / Britain Elects multipoll tracker at about 38%, and in the next week we will start to see Labour creep up on them.In fact, we might just be seeing the start of ...
    1 week ago
  • Marvelly shows us how to be a feminist without feminism
    by The Council of Disobedient Women Lizzie Marvelly: “I may have missed this… has @afterellen gone all terf-y? Or am I reading something incorrectly? “ https://twitter.com/LizzieMarvelly/status/1191840059105742849 After Ellen is a lesbian website that is unashamedly pro-lesbian, as you’d expect. So why is Ms Marvelly so bothered about lesbians having their ...
    RedlineBy Daphna
    1 week ago
  • Out of the past – Tories to revive racist laws from the 16th century
    Did you know there once was a time when it was illegal to be a gypsy (aka Romani) in Britain?That was between 1530, when the Egyptians Act was passed, and 1856, when it was repealed.Amongst other things, the act forbade the entry of 'Egyptians' into England, ordered those already there ...
    1 week ago
  • 1000 of these now
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    SciBlogsBy Grant Jacobs
    1 week ago
  • Has Shane Jones Just Saved NZ First?
    Counter-Puncher: The “activists” and “radicals” (his own words) from the Indian community who took such strong exception to Shane Jones’ remarks about Immigration NZ’s treatment of arranged marriages, may end up bitterly regretting their intervention. Jones is not the sort of person who turns the other cheek to his critics.SHANE ...
    1 week ago
  • Climate Change: As predicted
    Yesterday, when National voted for the Zero Carbon Bill, I predicted they'd gut it the moment they regained power, just as they had done to the ETS. And indeed, they have explicitly promised to do exactly that within their first hundred days in office. What would their amendments do? Abandon ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Let this never be forgot
    In the spirit of Remember, remember the fifth of November, let's keep this in mind FOREVER.
    Oh dear. Extraordinary interview on PM with Andrew Bridgen and @EvanHD just now. Bridgen was defending Jacob Rees Mogg’s Grenfell comments. Evan asked him if JRM had meant to say he would have left ...
    1 week ago
  • Too Late To Change Capitalism’s Flightpath?
    Collision Course? In conditions of ideological white-out, the international bankers’ “Woop-Woop! Pull Up!” warning may have come too late to save global capitalism.WHAT DOES IT MEAN when international bankers are more willing to embrace radical solutions than our politicians and their electors? At both the International Monetary Fund and the ...
    1 week ago
  • Whooping cough vaccine works well despite its imperfections
    Pertussis (whooping cough) is a conundrum. It is a disease that was described hundreds of years ago and the bacteria that causes it (Bordetella pertussis) isolated in 1906. We have had vaccines for about 80 years but this disease is defiant in the face of human immunity. I wanted to ...
    SciBlogsBy Helen Petousis Harris
    1 week ago
  • Climate Change: Passed
    The Zero Carbon Bill has just passed its third reading, uanimously. In the end, National supported it - but we all know they'll turn around and gut it the moment they regain power. Meanwhile, I guess ACT's David Seymour didn't even bother to show up. I am on record as ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Retailing of vaping products – New NZ Research
    Dr Lindsay Robertson, Dr Jerram Bateman, Professor Janet Hoek Members of the public health community hold divergent views on how access to vaping products or electronic nicotine delivery systems (ENDS) products should be arranged. Some believe ENDS should be as widely available as smoked tobacco and argue for liberal ...
    SciBlogsBy Public Health Expert
    1 week ago
  • Justice for Bomber
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    No Right TurnBy Idiot/Savant
    1 week ago
  • Britain’s climate tyranny was unlawful
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    No Right TurnBy Idiot/Savant
    1 week ago
  • More crime from the spies
    Last year, the Inspector-General of Intelligence and Security reported on significant problems with the intelligence warrant system. While they were unwilling to declare any warrant "irregular" (meaning unlawful) due to the recent law change, they were also not willing to give the system a clean bill of health. Now, they've ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Vaccination, compulsion, and paternalism for the lower orders
    The National Party has come out in support of encouraging greater vaccination uptake. But it sure isn’t the way I’d do it. National’s suggested docking the benefits of those on benefit whose kids aren’t keeping up with their vaccinations. Some in National have suggested extending that to payments under Working ...
    SciBlogsBy Eric Crampton
    1 week ago
  • Global Protests Rage On: But Slogans Are Not Plans.
    Feeding The Flames: It is simply not enough to demand an end to “corruption”, or “inequality”, or the overbearing influence of the authorities in Beijing. These are just “lowest common denominator” demands: the sort of slogans that pull people onto the streets. They are not a plan.WHERE’S THE PLAN? Across ...
    1 week ago
  • 11,000 employed under Labour
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    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Boycott this democratic fraud
    The Foreign Affairs, Defence and Trade Committee has called for submissions on Andrew Little's tyrannical Terrorism Suppression (Control Orders) Bill. Normally I encourage participation in the democratic process. I am not doing so in this case. Instead, I encourage all of you to boycott this submissions process, and to post ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Why Mars is cold despite an atmosphere of mostly carbon dioxide
    Climate Explained is a collaboration between The Conversation, Stuff and the New Zealand Science Media Centre to answer your questions about climate change. If you have a question you’d like an expert to answer, please send it to climate.change@stuff.co.nz If tiny concentrations of carbon dioxide can hold enough heat ...
    SciBlogsBy Guest Author
    2 weeks ago
  • Climate Change: Ban private jets
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    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Climate Change: Untold Suffering
    That's what we face if we don't stop climate change, according to a warning from 11,000 scientists:The world’s people face “untold suffering due to the climate crisis” unless there are major transformations to global society, according to a stark warning from more than 11,000 scientists. “We declare clearly and unequivocally ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • The left and violent misogyny
    by Phil Duncan Here’s just a few of the kind of threats issued day in and day out against gender-critical women – feminists, marxists, etc – overwhelmingly by MEN (albeit men identifying as women). “Kill all Terfs”. “Shoot a Terf today”. “All terfs deserve to be shot in the head”. ...
    RedlineBy Admin
    2 weeks ago
  • Imperialism and the iPhone
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    RedlineBy Admin
    2 weeks ago
  • The freshwater mussel housing crisis: eviction by invasive weeds?
    Tom Moore Traditionally a food source and cutting tool, freshwater mussels/kākahi are now widely valued as water filters that help clean our waterbodies and maintain ecosystem health throughout Aotearoa. The improvement they provide in water quality can make it easier for other animals to live in streams and rivers, as ...
    SciBlogsBy Guest Author
    2 weeks ago
  • Back it up Luxon: endorsing the destructive past is not actually the way forward
    And to think he gave all the potential goodwill away with that moronic, cult-like statement (repeated ad nauseam by many National hardliners) that Key is quite simply “the greatest PM we ever had”… Installation complete: this was nothing ...
    exhALANtBy exhalantblog
    2 weeks ago
  • Good riddance
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    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Climate Change: D-Day
    The Zero Carbon Bill is back in the House today for its second reading. While this isn't the final stage, its still effectively D-Day for the bill. Because today, at around 5pm, is when we're going to find out if it has a majority, whether National will support it or ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Winston is right
    Winston Peters is in court today, suing a bunch of former Minister and civil servants over their pre-election leak of his superannuation repayment. He's characterised the leak as malicious, and said that it is repugnant that his information was passed on to Ministers to use for political advantage. And he's ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Media impartiality
    Sky's economics editor, Ed Conway has posted a Twitter thread responding to a claim that - as far as I can see - Labour never made:
    Are NHS operation cancellations at an all-time high? That's the impression you might have been left with if you read this story from the ...
    2 weeks ago
  • Finish what’s on your plate
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    SciBlogsBy Genomics Aotearoa
    2 weeks ago
  • Gainful Employment: A Cautionary Tale.
    Transformative Politics: The idea is to turn each recipient into an unwitting accomplice in their own transformation. From interested observer to hyped-up activist, sharing our messages promiscuously with ‘friends’. You’ll be part of an ever-expanding circulatory system, Jennifer, for the ideas that will win us the election.”JENNIFER SKITTERED her chair ...
    2 weeks ago
  • New Zealand should not fund bigotry
    Two years ago, the Cook Islands government announced that it was planning to join the civilised world and decriminalise consensual homosexual sex between men. Now, they've reversed their position, and decided to criminalise lesbians into the bargain:Two years ago, in a step welcomed by many people including the gay and ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • New Fisk
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • More tyranny in Australia
    The boycott is a fundamental tool of protest. By choosing who we buy from, we can send a message, and hopefully change corporate behaviour. Historically, boycotts have been effective, for example over apartheid in South Africa and Israel, in forcing divestment from Myanmar, and in ending bus segregation in the ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Submission for rationality and science against the assaults of pre-modernism and post-modernism
    Jan Rivers spoke at the Abortion Legislation Select Committee in favour of the bill, but in opposition to calls from other submitters to exchange the word ‘woman’ for ‘person’ throughout the bill. Jan is a supporter of the feminist group Speak Up For Women and has recently written an excellent ...
    RedlineBy Daphna
    2 weeks ago

  • Kiwis to have their say on End of Life Choice
    Jenny Marcroft MP, Spokesperson for Health New Zealand First backs the public to decide on the End of Life Choice Bill via a referendum at the 2020 General Election. The Bill, with New Zealand First’s referendum provision incorporated, passed its final reading in Parliament this evening. New Zealand First Spokesperson for ...
    3 days ago
  • Addressing miscarriages of justice
    Darroch Ball, Spokesperson for Justice New Zealand First is proud that a key Coalition Agreement commitment which will provide for a more transparent and effective criminal justice system has been realised. Legislation to establish the Criminal Cases Review Commission, an independent body focused on identifying and responding to possible miscarriages of ...
    4 days ago
  • Week That Was: Historic action on climate change
    "Today we have made a choice that will leave a legacy... I hope that means that future generations will see that we, in New Zealand, were on the right side of history." - Jacinda Ardern, Third Reading of the Zero Carbon Bill ...
    1 week ago
  • Tax-free deployments for Kiwi troops
    Darroch Ball, New Zealand First List MP A Member’s bill has been proposed that would provide income tax exemptions for all New Zealand Defence Force (NZDF) personnel while on operational deployment overseas. The Income Tax (Exemption for Salary or Wages of NZDF Members on Active Deployment) Amendment Bill proposed by New Zealand First ...
    1 week ago
  • A balanced Zero Carbon Bill passed
    Rt Hon Winston Peters, New Zealand First Leader New Zealand First is proud to have brought common sense to the Climate Change Response (Zero Carbon) Amendment Bill, which passed its final reading in Parliament today. Party Leader Rt Hon Winston Peters says months of hard work went into negotiating a balanced ...
    1 week ago
  • Paramedics’ status to be recognised
    Jenny Marcroft MP, Spokesperson for Health New Zealand First has listened to calls to recognise paramedics as registered health professionals under the Health Practitioners’ Competence Assurance Act (the Act). Today, the Coalition Government announced plans for paramedics to be registered as health practitioners under the Act, and the establishment of a ...
    2 weeks ago
  • Week That Was: 2,000 teachers in two years
    We began the week by commemorating the New Zealand Wars and celebrating a major increase in the number of teachers. Then, we were busy supporting offenders into work and getting our rail back on track after years of underinvestment. And that's just the start! ...
    2 weeks ago
  • Winning an election one conversation at a time
    In October I was sworn in as the Mayor of Lower Hutt. It’s the privilege of my life to serve Hutt people as their Mayor. There is something really special to be able to serve the community where I was raised, and where I live.   ...
    2 weeks ago
  • Closer cooperation with Korean horse racing industry
    Rt Hon Winston Peters, Deputy Prime Minister, Minister for Racing Racing Minister Winston Peters met with Korea Racing Authority Chairperson Nak Soon Kim in Seoul today to discuss closer cooperation between the New Zealand and Korean horse racing industries. As part of the visit to the Seoul Racecourse, Mr Peters witnessed ...
    3 weeks ago
  • Otago to lead digital creativity
    Hon Shane Jones, Minister for Regional Economic Development The Provincial Growth Fund (PGF) is investing $10 million to establish Otago as the centre of New Zealand’s creative digital industry over the next ten years, Regional Development Minister Shane Jones announced today. “The initiative will bring us closer to the vision of ...
    3 weeks ago
  • Young Otago students encouraged to take on forestry careers
    Hon Shane Jones, Minister for Regional Economic Development The Provincial Growth Fund (PGF)’s skills and employment programme will help young Otago people into long-term forestry careers, Regional Economic Development Minister Shane Jones announced today. Te Ara Mahi will invest $63,000 in the 2020 school year to support eight 17 and 18 ...
    3 weeks ago
  • PGF backing Dunedin’s waterfront ambitions
    Hon Shane Jones, Minister for Regional Economic Development The Provincial Growth Fund (PGF) will support local plans to revitalise and stimulate economic development opportunities in Otago, Regional Economic Development Minister Shane Jones has announced. The four Regional Economic Development Ministers have approved an in-principle investment of $19.9 million towards the region’s ...
    3 weeks ago
  • M. Bovis eradication progress welcomed
    Mark Patterson, Spokesperson for Primary Industries New Zealand First is pleased to have received the Technical Advisory Group (TAG) report on the Coalition Government’s Mycoplasma bovis eradication efforts, which shows significant progress in the fight against the disease. New Zealand First Spokesperson for Primary Industries, Mark Patterson, says the report’s findings ...
    3 weeks ago
  • PGF boosts Otago’s engineering and manufacturing sector
    Hon Shane Jones, Minister for Regional Economic Development Hon David Parker, Minister for Trade and Export Growth The Provincial Growth Fund (PGF) is investing to support economic growth opportunities for Otago’s engineering and manufacturing sectors, Regional Development Minister Shane Jones and Trade and Export Minister David Parker announced today. Almost $20 million ...
    3 weeks ago
  • Minister Peters discusses Pacific challenges and denuclearisation in Seoul
    Rt Hon Winston Peters, Deputy Prime Minister, Minister of Foreign Affairs Foreign Minister Winston Peters and his South Korean counterpart, Kang Kyung-wha, discussed in Seoul today opportunities to work more closely in the Pacific and the situation on the Korean Peninsula. Mr Peters and Minister Kang confirmed New Zealand and the ...
    3 weeks ago
  • PGF supports high speed broadband for marae at Parihaka Pa
    Hon Shane Jones, Minister for Regional Economic Development  Hon Nanaia Mahuta, Minister for Māori Development The three marae in the historic Parihaka Pa complex in Taranaki have been upgraded to high speed broadband with the support of the Provincial Growth Fund (PGF), Regional Economic Development Minister Shane Jones announced today. “Connecting the ...
    3 weeks ago
  • Advancing Pacific Partnerships 2019 launched
    Hon Ron Mark, Minister of Defence Minister of Defence Ron Mark will today launch the Advancing Pacific Partnerships 2019 Defence Assessment  during a speech at Te Papa.  The Assessment outlines how Defence will partner with our Pacific Island neighbours and invest in Pacific regional security architecture. The Plan aligns with the Coalition ...
    3 weeks ago
  • PGF funding could transform Gisborne company into “beacon of employment” in two years
    A new Provincial Growth Fund investment could create about 80 new jobs in Gisborne over the next two years, turning a local small business into a “beacon of employment” in the process. Regional Economic Development Parliamentary Under-Secretary Fletcher Tabuteau said the PGF’s Te Ara Mahi funding stream would provide $1.6m ...
    3 weeks ago

  • Food industry asked to step up fight against obesity
         The Government is asking the food industry to step up work to tackle obesity including reducing sugar, fat and salt in their products, better information for consumers, and tighter restrictions on advertising to children. Health Minister David Clark and Food Safety Minister Damien O’Connor have responded to a ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Modern emergency care for Queenstown area
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    BeehiveBy beehive.govt.nz
    2 days ago
  • Contraception important for New Zealanders
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    BeehiveBy beehive.govt.nz
    2 days ago
  • NZ medical staff and measles vaccines going to Samoa
    Foreign Minister Winston Peters has announced that at the request of the Samoan Government, New Zealand will be providing further support to Samoa as it faces a worsening measles outbreak. “In response to a request from the people of Samoa, New Zealand is providing 3000 measles, mumps and rubella (MMR) ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Disability Action Plan 2019 – 2023
    “The new Disability Action Plan 2019–2023 moves us towards the inclusive and accessible New Zealand that this government has committed to,” Minister for Disability Issues Carmel Sepuloni announced today.  “The Action Plan was designed by disabled people, their family and supporters, the disability sector and government agencies. It will ensure ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Joint Statement – Third Singapore-New Zealand Defence Ministers’ Meeting
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    BeehiveBy beehive.govt.nz
    3 days ago
  • Sexual Violence Legislation Bill has its first reading
    A Bill to improve the court system’s response to sexual violence has passed its first reading in Parliament today. Justice Minister Andrew Little says the Sexual Violence Legislation Bill will reduce the trauma sexual violence complainants experience in court, while maintaining defendants’ fundamental rights and making sure the trial process ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Streamlined business invoicing a step closer
    Streamlined payment practices are a step closer for Kiwi businesses with the formal launch of New Zealand’s e-Invoicing framework. Small Business Minister Stuart Nash says the government has now established the structure to enable automated and direct data exchange between the accounting systems of buyers and sellers. “The move to ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • More frontline biosecurity officers protecting NZ
    Another 51 quarantine officers and four new biosecurity detector dog teams will help protect New Zealand from invasive pests and diseases this summer, says Biosecurity Minister Damien O’Connor. “The Government is delivering on its commitment to strengthen New Zealand’s biosecurity system and support our valuable primary sector “New Zealand’s flora, fauna ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • NZ space economy worth $1.69 billion
    A new report has found New Zealand’s space sector contributed $1.69 billion to the economy in the last financial year and employs 12,000 people, Minister for Economic Development Phil Twyford announced today. The report by Deloitte was commissioned by the Ministry of Business, Innovation and Employment and shows New Zealand ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • New Chair for Royal Commission into Abuse
    Judge Coral Shaw has been appointed as the new Chair of the Royal Commission into Historical Abuse in State Care and in the Care of Faith-based Institutions, Internal Affairs Minister Tracey Martin announced today. "Judge Shaw, who is currently one of the inquiry commissioners, is extremely well qualified for the ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Better mental health facilities for Palmerston North
    The Government has confirmed its third major mental health facility upgrade since the Budget, this time at Palmerston North Hospital. The Prime Minister and Health Minister today visited MidCentral DHB to announce that $30 million has been allocated to upgrade its acute mental health facility. It follows earlier announcements in ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Bowel Screening hits halfway point
    The roll out of the National Bowel Screening Programme has reached the halfway mark, with 10 out of 20 District Health Boards now part of the programme. MidCentral DHB, which covers Palmerston North, Manawatu and surrounding districts, this week became the latest to DHB to offer free bowel screening to ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • More vaccines for meningococcal disease
    The Government welcomes PHARMAC’s decision to fund a vaccine to protect young people from meningococcal disease from 1 December this year. “Meningococcal disease is a serious threat which people at higher risk should be protected from,” says Associate Health Minister Julie Anne Genter. “The combined pharmaceutical budget was increased by ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Fisheries innovation projects supported
    Groups involved with innovative fisheries research projects are encouraged to apply for government support in the latest funding round from the Sustainable Food and Fibre Futures programme. Fisheries Minister Stuart Nash says the SFF Futures funding is designed to be flexible enough to support small or large projects across a ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Government fixes culturally arranged marriage visa issue
    The Government has fixed an issue affecting how Immigration New Zealand has processed visa applications for culturally arranged marriages, which will now see a consistent process applied which ensures people with legitimate arranged marriages can visit New Zealand while also preventing any rorting of the system. Earlier this year Immigration ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Extension for Royal Commission into Mosque attacks
    The Royal Commission into the Attacks on Christchurch Mosques will report back on 30 April 2020 to give it more time to hear submissions and consider information, Internal Affairs Minister Tracey Martin announced today. The Royal Commission was originally scheduled to report back to Government by 10 December 2019. “There has ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Terrorism and Trade on agenda as Foreign Minister visits the United States
    Foreign Minister Winston Peters will travel to Washington DC today to attend a ministerial meeting focused on defeating ISIS, and to continue pursuing New Zealand’s trade opportunities. Mr Peters will participate in a meeting of Foreign and Defence Ministers from key countries contributing to the Global Coalition to Defeat ISIS. ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Hoiho get extra support alongside 168 community conservation groups backing nature
    The recently crowned Bird of the Year, the hoiho/yellow eyed penguin, is getting a much needed helping hand alongside more than 168 other community conservation projects announced Minister for Conservation Eugenie Sage today. 168 community conservation projects throughout New Zealand are benefiting from $8 million in government grants, including $500,000 ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • New safety measures for modified pistols
    Controls on assault rifles and semi-automatic firearms are to be broadened to include some types of pistols, under changes to a bill currently making its way through Parliament. Police Minister Stuart Nash has tabled a Supplementary Order Paper to the Arms Legislation Bill, which is currently before a Select Committee ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Minister of Defence to visit Singapore and Thailand
    Minister of Defence Ron Mark will travel to Singapore today to conduct a counterpart visit and to co-chair the third annual Singapore-New Zealand Defence Ministers’ Meeting with his counterpart, Minister for Defence Dr Ng Eng Hen. “Singapore is one of our most important defence partners in the region, and our ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Future secured for Salisbury School
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    BeehiveBy beehive.govt.nz
    4 days ago
  • Resource management reform options released
    The panel undertaking a comprehensive review of the Resource Management Act has identified the main issues to be addressed and options for reform and is calling for feedback to inform its final report.  In July the Government announced the comprehensive review of the resource management system, including the RMA - ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Criminal Cases Review Commission established
    An important safety valve has been added to New Zealand’s criminal justice system with the third reading of the Criminal Cases Review Commission Bill today. The Criminal Cases Review Commission (CCRC) will investigate claimed miscarriages of justice. “We’ve seen how our justice system can very occasionally get things spectacularly wrong, ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Racing Industry destined to be on-track
    Racing Minister Winston Peters welcomes the tabling of the Racing Industry Transition Agency (RITA) 2019 Annual Report in Parliament today. He says the 2019 Annual Report marks the point when New Zealand’s racing industry’s decline was arrested and a turnaround started. RITA’s 2019 Annual Report recorded an industry net profit ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • New Zealand firefighter support to Queensland
    The New Zealand Government is today sending 21 firefighters to help fight the ongoing catastrophic Australian bushfires. “The fires in Australia are in some of the toughest, most challenging conditions ever,” says Internal Affairs Minister Tracey Martin.  “As of yesterday morning, there were 100 active bushfire-related incidents across Queensland and ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Supporting all schools to succeed
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    BeehiveBy beehive.govt.nz
    5 days ago
  • Reform to support better outcomes for Māori learners and whānau
    The Government’s reform of the Tomorrow’s Schools system is a watershed moment in education and an opportunity to create meaningful change for ākonga Māori and their whānau, Associate Education Minister Kelvin Davis said today. “Last year through Kōrero Mātauranga | Education Conversation, Māori teachers, parents, ākonga, whānau, hapū and iwi ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Infrastructure pipeline growing
    Infrastructure Minister is welcoming the first of many updated project pipelines from the newly established New Zealand Infrastructure Commission today. The New Zealand Infrastructure Commission, Te Waihanga, has released an expanded pipeline of major capital projects – another crucial step towards delivering better infrastructure outcomes. “The first iteration of the ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Tighter firearms law to further improve safety
    Tougher gun laws designed to improve public safety through firearms prohibition orders are proposed in a new document released for public input. Police Minister Stuart Nash says firearms prohibition orders (FPOs) would give new powers to Police to ensure high-risk individuals come nowhere near firearms. “We have already prohibited the ...
    BeehiveBy beehive.govt.nz
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