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Fonterra’s loss

Written By: - Date published: 9:35 am, September 13th, 2018 - 67 comments
Categories: business, capitalism, China, Economy, Europe, exports, farming, farming, Free Trade, Globalisation - Tags:

Fonterra has just reported an after tax loss of $196 million for the 2018 year. It’s never had an annual loss in its history. The new Chief blames optimistic forecasting, high butter prices impacting sales and margins, and increase in the forecast farmgate milk price, and high operating expenses in parts of the business.

They had a $745 million profit last year. So they’ve written down $405 million from Beingmate in China, and paid Danone $183 million from the botulism scare.

It means that farmers lose on average $8,000 in income.

Fonterra is the largest business we have, our largest exporter, our largest driver of R&D, largest private employer, largest driver of environmental effects on New Zealand, and it is completely invented by legislation.

This year, Fletcher Building, our second largest majority locally-owned business with any international competitive impact, made catastrophic losses on projects and is rapidly shrinking to about half its size. The government simply didn’t care.

Those are our two largest businesses by far.

It’s well time this government took Fonterra to task about its direction, its existence, and its responsibility to New Zealand.

It would be great to see Minister O’Connor and Minister Jones get together and have an actual economic development plan for the country. What we have instead is a haphazard free giveaway of $1 billion per year to business and local government projects, and a bit of promised mild tinkering with Fonterra’s legislation.

We are vulnerable to just a handful of companies in New Zealand, for both our competitive export growth and for our jobs.

We need a government with a plan to address Fonterra.

67 comments on “Fonterra’s loss”

  1. gsays 1

    Or let growing milk powder on a large unsustainable scale whither.

    Instead the government could put R&D into wool fibres and lead the world in this wonderful product. Fire and water resistant.
    It is obscene that the plastic/fossil fuel based outdoor wear is even sold in Aotearoa, let alone on the back of 4out of 5 farmers.
    Those textiles are letting plastic into the ocean too, every time they are washed.

    • Ad 1.1

      Irredeemable.

      Our coarse wool has been a dead product for 30 years. Tonnes of r&d thrown at it. Just a very few good producers making a go of it now.

      • gsays 1.1.1

        So there is nothing more to learn about wool?
        Surely now that we are starting to be anti plastic, wool is the natural fibre to fill that void.
        Perhaps the oceans will be ok once we stop using supermarket bags…

        Second thoughts, same comment above but replace wool with hemp.

        • Tuppence Shrewsbury 1.1.1.1

          Ad is part of the big plastic group. Sustainable natural fibres don’t sit well with them. Next he’ll claim it’s the best thing to do with petroleum by product

          • Ad 1.1.1.1.1

            Every piece of clothing I own is wool or cotton.
            All wool items made here.

            Except shoes. We don’t make hardly any shoes here.

            • greywarshark 1.1.1.1.1.1

              Made here or designed here? The word ‘made’ has been made to have flexible meanings. Business loves ‘flexible’.

        • Hooch 1.1.1.2

          Exactly. In a world rapidly moving away from plastics NZ is ideally placed to offer alternatives made from wool, hemp, paper. The dairy industry should look at other milks as well from sheep or goat which may be better suited to areas where cows aren’t?

          • gsays 1.1.1.2.1

            As someone here is fond of saying: Don’t panic go organic!

            Organic goat/sheep milk. Premium product for the overseas market.
            Same with hemp.
            Organically produced fibres textiles, plastics, building products, medicines.
            Exploit this before a Big Pharma/Big Ag company ties it up.

            Tourism, local jobs there isn’t a down side.
            What is it with politicians and business leaders, do they get an imagination by-pass once installed?

            • Draco T Bastard 1.1.1.2.1.1

              Tourism, local jobs there isn’t a down side.

              Could have sworn that we had problems with too many tourists especially ones crapping anywhere they please. Been popping up in the news quite a bit.

              • gsays

                So the answer is to lower tourism rather than invest in infrastructure?

                Seems like a downward spiral to me draco.

                • Draco T Bastard

                  How much tourism can we sustainably support without trouncing the very thing that tourists are coming here to see? That infrastructure that you propose has to go somewhere and it’s going to require the removal of the environment that sustains us. Then, of course, is all the GHGs that those tourists emit on their way to and from their homes.

                  There is a place for limited tourism. There is no place for open slather.

                  The downward spiral comes from the belief that we can continue to do what we’ve always done despite all the evidence to the contrary.

            • Dukeofurl 1.1.1.2.1.2

              Organic may be a 5% of the market share.

              You need 5-10x as many goats to get same volume as a single cow.

              is the market premium 10X ? I didnt think so.

              • gsays

                Taking you at your word: organic market share of 5%, that means there is 95% to capture. Plenty of room for growth I would have thought.

                The babies that can’t digest cows milk, godparents that are philosophically opposed to dairy, goats milk is a great alternative.

                C’mon Duke what is your real reason for opposing organics.

                • Dukeofurl

                  They are the modern version of corsets and whalebones.
                  An effete fancy for the well to do which only result is they feel better.

                  If you knew what acids where in your stomach juices you wouldnt worry so much about how organic the goats milk was.

        • Ad 1.1.1.3

          Remember WRONZ?
          Keratin surgical implants?
          Go back and have a look.

          And check the graph of woolgrowers in NZ.

          • gsays 1.1.1.3.1

            In regards to wool growers numbers, I am surprised there are any struggling along.
            That demonstrates the neglect and poor management of the past.

            We need to stop looking back, engage our imaginations and he creative.

            For all you naysayers here is Tim Finn again.
            ‘No idea it couldn’t be done’

    • bwaghorn 1.2

      Most wool in nz is course wool suitable for carpets not so good for clothes. Marino is clothing and that markets good .
      A recent story I read was about turning wool to pet food and possible human food in the future!!!

  2. Gabby 2

    Maybe they could just clarify legislatively that Fonterra exists to sell milk made in NZ.

    • Ad 2.1

      That would collapse the entire dairy industry here.

      Outside of the entire public service, Fonterra pays out more $100k salaries than anyone.

      • Gabby 2.1.1

        What? How? What have salaries to do with selling foreign milk?

        • Ad 2.1.1.1

          They’re an exporting business.

          It’s how they make money.

          • Gabby 2.1.1.1.1

            Exactly.
            So they should stick to selling milk that was produced in NZ, not getting into joint ventures and such.

            • Dukeofurl 2.1.1.1.1.1

              That do that because selling milk – a perishable commodity- in their overseas home markets gets higher returns.
              Not all milk products are easily exportable unless they are in dry ingredient for or as cheese.

              • Gabby

                Maybe they should stick to the less perishable products. Otherwise they’re taking a big bath in foreign rules and regs and the local farmers are underwriting them.

    • Tricledrown 3.1

      Fonterra needs a royal enquiry after years of mismanagement especially around Chinese investment failures $billions lost through poor decisions,
      Environmental destruction, low investment in R&D,
      The dumb idea of putting a commodities trader as CEO.
      Fonterra needs a massive shake up.
      From crisis to crises.
      To big to be restructured.
      Management has been short termist keeping payouts up at all costs.
      Short sighted lowest R&D of any large company.
      Change of direction is desperately needed.
      An expensive PR campaign designed to cover up its many failings is dereliction of the overpaid bean counters and managers.

      • RedLogix 3.1.1

        around Chinese investment failures $billions lost through poor decisions,

        The Chinese market is too big to ignore, but deeply problematic to operate in. NZ has been incredibly naive in its dealings with China.

        And much of that can be sheeted back to Helen Clark’s ill-advised FTA with China. It was the one thing she did that I really didn’t feel right about.

  3. Draco T Bastard 4

    our largest driver of R&D

    [citation needed]

    Actually:

    Manufacturing was still the main purpose of R&D for businesses in 2016, making up 30 percent of BERD in 2016 compared with 28 percent in 2014. The manufacturing sector was the main contributor of R&D for the purpose of manufacturing in both years, spending $407 million on manufacturing R&D in 2016 compared with $265 million in 2014.

    How much manufacturing does Fonterra do?

    and it is completely invented by legislation.

    It wasn’t invented by legislation but it did require legislation to come into existence else it would have been breaking all the anti-competitive laws.

    This year, Fletcher Building, our second largest majority locally-owned business with any international competitive impact, made catastrophic losses on projects and is rapidly shrinking to about half its size. The government simply didn’t care.

    It’s a private business so why should the government care?

    It’s not the government’s role to protect and sustain a private business.

    It would be great to see Minister O’Connor and Minister Jones get together and have an actual economic development plan for the country.

    True. That’s always been necessary.

    What we have instead is a haphazard free giveaway of $1 billion per year to business and local government projects, and a bit of promised mild tinkering with Fonterra’s legislation.

    That’s the neo-liberal ideology.

    We are vulnerable to just a handful of companies in New Zealand, for both our competitive export growth and for our jobs.

    Export growth is unsustainable except in weightless exports and we should be eliminating jobs as fast as possible and boosting R&D to increase those weightless exports.

    Thing is, every other country can also do those weightless exports. Can do everything else as well. In other words, we should be developing our economy away from exports and imports.

    • Ad 4.1

      Who spends the most on R&D in New Zealand?

      https://www.mbie.govt.nz/info-services/sectors-industries/sectors-reports-series/pdf-image-library/manufacturing-report-2018/manufacturing-sector-report-2018.pdf

      Fisher and Paykel Healthcare used to be higher but are now foreign owned in majority, and do most of their work overseas. Fonterra are the largest spenders on R&D here at $80m.

      Much of what Fonterra does is manufacturing, as you would have found with a cursory glance at their website would have explained to you.

      The legislation that formed Fonterra is the DIRA Act of 2001.

      https://en.wikipedia.org/wiki/Dairy_Industry_Restructuring_Act_2001

      It really is the role of the government to sustain Fonterra when it is such a large part of our economy. If you want to argue something different, run up a post about it. Sure, there’s WTO rules against assisting specific countries, but FInland still hasn’t recovered from the decline of Nokia.

      When it falters, we all falter.

      Whatever you call “sustainable” should be spelled out. It would be wonderful if we had an entirely digital economy. We don’t. We’re a specialised agricultural economy, with tourism, i.t., services, education, and construction taking up most of the rest of what we do for a living.

      There is not a single economist in New Zealand or political party who is proposing doing away with exporting and importing as you suggest.

      • Draco T Bastard 4.1.1

        Much of what Fonterra does is manufacturing, as you would have found with a cursory glance at their website would have explained to you.

        Can’t say that I’d classify turning milk into milk powder as manufacturing.

        It really is the role of the government to sustain Fonterra when it is such a large part of our economy.

        No it’s not.

        It is the government’s role to ensure that everyone in the country has enough to eat which is grown from our own resources. They’re failing to do that.

        Sure, there’s WTO rules against assisting specific countries, but FInland still hasn’t recovered from the decline of Nokia.

        When it falters, we all falter.

        This is obviously the problem that occurs when a nation/country becomes too dependent upon a single industry. The solution is more diversity. As I’ve pointed out before, we could support ourselves with 2% of the population in agriculture which would free up some 150,000 people to improve that diversity.

        Nations don’t specialise. That’s part of the problem with the failed economics of Adam Smith and Ricardo. They assumed that nations worked the same way as individuals and the economists of today haven’t changed that wrong assumption.

        Whatever you call “sustainable” should be spelled out.

        Living within our own means. Specifically, utilising our own resources to meet our needs without exporting any of them as exportation of resources is unsustainable and will result in a decline in resources available to us with the inevitable decline into poverty and finally collapse. It’s happened several times before.

        • Ad 4.1.1.1

          If you can’t classify what Fonterra does as manufacturing, you disagree with the Department of Statistics and with MIBIE, so you can take it up with them.

          Nations do specialise, as any cursory reading of Porter and Enwright will tell you. New Zealand is very specialised. Not always in the best things, but it’s certainly specialised.

          It’s arguable that we are too dependent upon one industry.

          It’s less arguable that we are too dependent on a very few large companies.

          • Draco T Bastard 4.1.1.1.1

            Nations do specialise, as any cursory reading of Porter and Enwright will tell you.

            Only as a result of free-market economics which ignores reality. That’s my point. It wasn’t specialisation of the nation that drove the Industrial Revolution but the capability of the nation being able to produce everything it needed.

            New Zealand is very specialised.

            Yes, I know. It’s why so many of our best and brightest leave. Not everyone wants to be a dullard down on the farm.

            It’s arguable that we are too dependent upon one industry.

            That’s actually your entire argument for the government supporting Fonterra. You’re quite literally saying that the government has to because we’re dependent upon it.

            It’s well time this government took Fonterra to task about its direction, its existence, and its responsibility to New Zealand.

            As far as our national responsibility to the Rest of the World in regards to GHG emissions we should be dropping agriculture down to being enough to support us and no more.

            • Ad 4.1.1.1.1.1

              Yes, the government should intervene in Fonterra because we are too dependent on it as a country. They’ve already said they will by addressing DIRA. It’s simply a matter of degree.

          • Bill 4.1.1.1.2

            Many months back, someone on the threads alerted me to a presentation by a New Zealand economist who broke the numbers down in terms of “bang for buck”. (I think the guy’s dead now. And I think it might have been Rosemary MacDonald who put me onto the link)

            Anyway.

            What he demonstrated was that dairy and tourism are garbage. I think he used the production of some piece of discrete medical equipment to illustrate his point.

            Wish I could remember his name. Can’t. Or re-find the link. Can’t.

            But if that scatter of thought and memory rings any bells, the guy’s presentation is well worth looking up in relation to this post.

            • left_forward 4.1.1.1.2.1

              https://www.huffingtonpost.com/jasmijn-de-boo/new-zealands-dirty-dairy_b_14717214.html
              Probably not what you were looking for, but this is the dirty dairy story – a bit shocking for most NZers to think about.

            • Ad 4.1.1.1.2.2

              Totally agree.
              But those are the industries that we have.

              I have friends in Hawkes Bay with a large set of apple orchards. In their packhorse they have been able to decrease their seasonal staff by robotizing the fruit packing. It’s some complex homegrown equipment from an engineering firm near Tauranga.

              Net effect is fewer crap jobs, higher profits, more durable business.

              The horticulture industry trade publications on mechanization, value-adding, and packaging technology are pretty astonishing for a little country.

  4. Dukeofurl 5

    “It means that farmers lose on average $8,000 in income.”

    No it doesnt. Most of the money is just book keeping moving from one column to another.

    Gross margin is $3.1 BILL out of the $20.5 Bill revenue.

    Not to forget Fonterra is two businesses. One is a Coop where all the income is paid to farmers as the milk price. That Fonterra doenst have a profit and its the biggest part of the $20 bill business
    The other Fonterra is owned by shareholders ( mostly the same farmers) which has the numbers which are being used. This Fonterra is a smaller part of the $20 bill business.

    getting actual real numbers from the media is a waste of time as they wont report the real data.
    Same with Rugby Union 2 weeks ago. real numbers were $91 mill in ‘reserves’ plus a $20 mill surplus in player payment pool of mony. This was the same Rugby Union which was asking government help to pay players more – hello .
    Not one media or sports journalist pointed out the real facts.

  5. bwaghorn 6

    $8000 equals roughly 1300 kgs of milk solids .
    That’s about the production from 4 cows. I think they’ll survive 😎

    • Gabby 6.1

      Good to know they’re flush waggers.

      • bwaghorn 6.1.1

        I’ve only meet won owner in all my years who admitted doing well out of farming .
        Most of them plead poverty,funnily enough though when I offer to trade places not one has accepted my generous offer.

  6. Jimmy 7

    Fonterra results every half our channel 950 on sky if anyone’s interested until 10pm tonight

  7. SpaceMonkey 8

    Fletcher Building is not a NZ-owned company… hasn’t been for some time. A quick scan of their largest shareholdings (58%) is a who’s who of foreign investment banks.

    • Dukeofurl 8.1

      Thats because that isnt the owners.
      Those are just nominee companies who ‘hold’ the shares without ownership

      A common mistake when looking at share register of large companies

  8. Poission 9

    Interesting discussion with a near neighbour,One of Fonterras biggest suppliers (non milk) is to strike over the coming weeks. More headwinds.

  9. adam 10

    I love your optimism sometimes Ad. This government is tethered to supply side, laissez-faire economics – or as Jane Kelsey so aptly put it ‘the fire economy’.

    That to do what you suggest is almost impossible, at the very least their heads would explode, and the corporate owned press would have conniptions. Won’t happen, no matter how sensable the idea is. Sensible and hard right economic ideology don’t mix.

  10. corodale 11

    Yes, Fonterra got too be for their boots. Who remembers the news that Chinese are becoming lactose tolerant? BS to flip flop the milk price, boom n bust, so China et. al. can buy up the fallen farms. Don’t panic, go organic.

    • corodale 11.1

      Value addition, organic. USDA organic is a problem (non-tariff trade barrier), EU certification is the way to go. Fonterra should start a new pool (one factory) on EU org cert. EU rules are required for up-take of dairy conversion to organic. Exceptions to use herbicide for noxious weed management do exist, but govt/fonterra should add pressure to make this slightly more liberal.

      • Ad 11.1.1

        New Zealand doesn’t have a consistent definition of what “organic” is.
        There’s plenty of private certifiers in every country, but not a New Zealand legal definition. There’s work being done on it, but sure doesn’t help when one country can claim theirs is “really” organic and yours isn’t.

        • corodale 11.1.1.1

          Lobby IFOAM is partly what I’m saying, but its a grey zone, for short term management of gorse etc with herbicide on organic land, so lobby Biogro too.
          Many point, go EU not USDA for export.

  11. infused 12

    That’s what happens when you export raw exports. Anyone can do it. You can value add, but meh. So can everyone else, and not have to ship it half way around the world.

    Dairy would be the last place I’d be putting my money.

  12. corodale 13

    Milk quota was removed in Europe in 2015. In the few years before this, milk price was high. I suspect China conspired, and paid higher-price, to help stimulate over production, especially in Europe, but it also worked in NZ on the back of our favourable trade deal. Milk prices are low these last few years. Partly natural a fluctuation in price, but also a bit of economic war.

  13. corodale 14

    From the four reasons quoted for loss, two seem true, two seem to be simple rhetoric.

    Milk Price forecasts where obviously too high. Farmers where joking that it was simply to give hope to those who over-invested on dairy conversions, so they wouldn’t top themselves.

    High operating expenses also sounds true They would over pay contractors, so contractors would abandon work for competitors. They did this to sink an organic cooperative, before it could get going.

    The third reason I would add is, they borrowed billions of dollars at close to 6% interest rate, while global interest rates where heading for 0%. Over expanding globally. Time will tell if that was a smart long term strategy. At this stage it’s looking stupid.

    After thought: Playing the futures market is probably another reason for the bull shit price forecasting. Perhaps if Fonterra had used the futures market as a genuine hedging buffer, rather than playing it and doing global expansion, they may have done much better for farmers.

    • Ad 14.1

      Yes that debt:equity level is pretty chilling.

    • tc 14.2

      Add in a culture of largesse, inefficiency, club member behaviour such as the arrogance and naivety in China dealings and its hard to see Fonterra delivering the value it should and could ever under the current MO.

      This is the thin end of the wedge as more will follow after the 2 flown in CEO’s reigns decisions come back to the roost as cycles do what cycles do after the up phase is passed.

      Cue up the ‘to big to fail’ rhetoric folks as this behemoth is only as good as its milk suppliers who have been trying to get away from it in numbers for awhile now.

  14. corodale 15

    The loss is probably a good strategy for borrowing even more money, while both interest rates and milk price are low. But, if prices don’t bounce back, Fonterra will be in even deeper pooh.

  15. SaveNZ 16

    Fonterra have become moronic fat cats at the top and not surprising when you get an outsider, whose experience was ‘mergers’ in a co-op with little to zero cultural fit on an 8 million plus salary, they screw everything up.

    It should be obvious that Fonterra had to transition away from commodity and go high tech, high value…. because artificial meat and milk is on it’s way so value add is very important to structure to quality…

    In 2015 they were laying off people in research and developments, healthy and safety, food quality etc…

    “The 230 cuts announced on Monday hit administration roles in sales – ingredients, consumer, marketing, research and development, communications, health and safety, food safety and quality, group resilience and risk, property, procurement and change management.”

    https://www.stuff.co.nz/business/farming/agribusiness/72244467/fonterra-confirms-230-more-job-cuts

    Says it all…

  16. SaveNZ 17

    The bosses are rearranging the books, keeping wages low by employing morons that fit their own culture for peanuts (but senior morons obviously need massive pay increases)…. from 2017..

    Fletchers Building workers strike over pay negotiations

    “Workers have elected to take strike action. It’ll be about one hundred workers across five different companies and I would say that will last through later into the week including on Wednesday when Fletcher’s will be having their annual general meeting.”

    He said the CEO received a 17 percent increase in pay up to almost $5 million, while the workers are struggling to pay their rent.

    “You’re talking about a number of different negotiations going on that have broken down for various reasons.

    A lot of it does come down to pay but a lot of it is just the way Fletcher’s has essentially conducted themselves.”

    https://www.newstalkzb.co.nz/news/national/fletchers-building-workers-strike-over-pay-negotiations/

  17. SaveNZ 18

    Fletchers are also so lazy they apparently completely rely on quantity surveyors to do their costings for them and then surprise surprise, their low wage, accountancy and paper based approach does not work in the real world!

    Probably looks lovely on paper when they get a subcontractor price that is low and they turn a blind eye to people traffickers getting unqualified people in because it’s cheap and easy, the problem is, later on they find all is not well, the materials used are cheap, not fit for purpose, does not last, the workmanship is poor and just enough to pass for a brief inspection… but later on needs redoing and thus massive extra costs and time frames…

  18. cleangreen 19

    We in 2012 asked Fonterra to consider using rail in HB/Gisborne, and they sent us a letter confirming they will consider using rail where-ever they can.

    Since then the rail has been left to wither and die because not enough freight was using it.

    Since labour coalition got together the rail is being reopened and we need to see Fonterra use rail to more all there milk by rail now since we see in Bay of Plenty at Opotiki the milk tankers run all their milk for treatment now on road; – all the way south to Palmerston North over 400kms!!!!!

    We think this is criminal, so Fonterra, we want to see milk tankers on rails please Fonterra even just to save you money and save our road deaths.

  19. SaveNZ 20

    Fletcher CEO’s cult of personality – from 2013 – 2017…

    “Eighty percent of the Fletcher management team has overseas experience, he said, but he plans to make that 100%. Adamson believes that experience will help Fletcher avoid re-inventing the wheel by having people on board who have seen how things work in other countries.

    Adamson’s top management tips:

    Hire the right people. “Unless you have people who get it, you’re not going to succeed.”
    You don’t necessarily need to keep long-time employees. “I don’t really care if you’ve been on the job 20 years. It does not interest me in the slightest. It’s what you did in that 20 years. It’s not a hard and fast rule, but by and large I want to know what you’ve achieved, not how long you’ve been on the job.”
    Celebrate wins. “A culture of winning is good. One of my regrets about leaving the US is that is a culture that knows how to celebrate success. At whatever level, it doesn’t have to be a manager, you can’t drive improvements if you don’t celebrate success.”
    Learn from people’s global experience. “We have some great people. Most have worked in at least two countries. And that brings a breadth of experience to executive management, financial management from other places. Why invent something new when you can copy it?”
    Get the structure right from top to bottom. “Most structures I see are too deep, they have too many layers between the CEO and the customer. There’s no way you can have customer relations from the head office.”

    http://www.stuff.co.nz/business/unlimited/8543641/Fletcher-CEOs-cult-of-personality

    We seem to be seeing a history of overseas hires with big promises, running NZ companies into the ground and then right after they leave, huge losses….

  20. SaveNZ 21

    Ethical approaches…

    “Fletcher CEO denies responsibility for botched quake repairs

    The Government is getting legal advice on whether it can sue Fletcher Building for damages over the potential billion dollar cost blowout on Christchurch earthquake repairs.

    Ross Taylor, chief executive of Fletcher Building, has denied that his company has any moral responsibility for the botched repairs.”

    https://www.newshub.co.nz/home/new-zealand/2018/04/fletcher-ceo-denies-responsibility-for-botched-quake-repairs.html

  21. CHCOff 22

    If we had guilds, then it would be alot easier for Farmers to set up their own production chain organisations based on local values, & then represent themselves in helping lead New Zealand’s presence in international forums via making value based trade deals and contributing to associated international relations in the world with the New Zealand way.

    NZ1st!

    • CHCOff 22.1

      The role of Govt to the Guilds then is to make sure the business organisations representing the particular guild are applying legitimate gradings to all the business operations applying to that Guild. Another words to ensure that the Guild’s seals remain a race to the top for the overall local economy that they take place in.

      For example, say a local entrepreneur wants to put together a labour providing business for a discipline of work in the local market. But the labour that this is going to be providing, is not well trained or performing, uses cheaper rates, uses cheaper materials, has no tea breaks, or the like. In all such areas it is the Guild’s responsibility to ensure that it’s seal standards given to this business are not the same as a business that excels in these ways.

      The local consuming economy, also being a local producing overall community guilds economy, being free to choose quality for itself when it can, is thus able to self-regulate itself in a continual race to the top equilibrium in terms of local value systems. And the export market is the market that wants to be a part of that local economy’s value.

    • Ad 22.2

      So how would that be different to forming a cooperative, and uniting the supply chain, in which the farmers have direct representation as a Shareholders Council? Because that is what the New Zealand dairy farmer have already in a thing called Fonterra.

      • CHCOff 22.2.1

        Fonterra is a big monolithic economies of scale operation for it’s value system to a great extent, alot more of a speculatively removed demand and supply rigid monopolistic approach to it’s economy. Very different.

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    Frankly SpeakingBy Frank Macskasy
    1 day ago
  • Life in Lock Down: Day 8
    . . April 2: Day eight of living in lock-down… Today, my work day starts late. Our rosters and clients have been dramatically changed, lessening (theoretically) the number of people in our work “bubble”.  If just one of us catches covid19 the impact could be considerable as Grey Base Hospital ...
    Frankly SpeakingBy Frank Macskasy
    1 day ago
  • A note on apartments and bubbles
    As Aotearoa enters week two of lockdown, it’s clear we’re all still working out what our “bubbles” look like and how to stay in them to stop the spread of Covid-19. New to the government’s Covid-19 website is some good guidance for people living in apartment blocks. Recent decades have ...
    SciBlogsBy Siouxsie Wiles
    1 day ago
  • Getting in futures shape 
    “There are decades where nothing happens; and there are weeks where decades happen.” Lenin Don’t we all know that feeling now.

    Prospect Magazine alerted me to this particularly apt quote. It is a much more evocative quote than Hemingway’s “gradually then suddenly” which is also doing ...

    SciBlogsBy Robert Hickson
    1 day ago
  • Maybe axing Clark would be unfair. But what about any of this is fair?
    Yesterday was the day the consequences of the lockdown suddenly got very real for many. Firms have been closing and laying people off since the outset of the quarantine but this has mostly been happening out of the public eye. The mass closure of a number of iconic New Zealand ...
    PunditBy Liam Hehir
    1 day ago
  • Might a ‘Coasean’ social contract mitigate overall societal harm from COVID-19?
    Brian Williamson1, Prof Nick Wilson2 (1Economic consultant, UK; 2University of Otago Wellington) In this blog, we outline how a win-win social contract could be forged to address the major dimensions of response to the COVID-19 pandemic when using a mitigation strategy: the particular need to protect older people from high ...
    SciBlogsBy Public Health Expert
    1 day ago
  • Returning To “Normalcy”.
    Resuming Normal Service: The Republican Party's nominee for in 1920, Warren Harding, promised the American people: “not heroics, but healing; not nostrums, but normalcy; not revolution, but restoration”. If she wishes to remain our prime minister, then Jacinda Ardern will offer New Zealanders the same.HOW EDUCATED AMERICA snickered when the ...
    1 day ago
  • New Zealand’s Government Must Save New Zealand’s Media.
    No Free Society Without A Free And Functioning News Media: If we are to surrender our civil rights to the broader cause of defeating Covid-19, then foreign corporations must, likewise, surrender their right to inflict immense economic and cultural harm on New Zealanders simply because it improves their bottom line.I’M ...
    1 day ago
  • Corona fevers and the madness of models
    by Daphna Whitmore A third of the world is under lockdown and a clear assessment of this measure to curb the spread of COVID-19 is urgently needed.  With any high-stakes decisions it has to be asked what are we dealing with here? Are the measures warranted? Will they achieve their ...
    RedlineBy Daphna
    1 day ago
  • Lockdown day 8
    I haven’t done a huge amount in the last few days. I’m reading The Poppy War and I’ve sort of poked at a couple of games – I started SOMA but I’m a wimp and I quit while in the first room after the brain scan. I might try it ...
    The little pakehaBy chrismiller
    2 days ago
  • Backstage and Theatre
    The swan politicians may be gliding on the water, occasionally snapping at one another. Meanwhile, as the Covid19 crisis illustrates, the officials are desperately paddling below providing the real locomotion. One of the most fatuous recent grandstanding comments (of about a week ago), adding to the public’s anxieties, was ...
    PunditBy Brian Easton
    2 days ago
  • Legal Beagle: Waiver, the singular Crown and the conduct of Crown legal business
    Much has been written about the importance of discretion in an emergency situation, and the concerns raised by the potential for it to be exercised arbitrarily. Given the quality of the discussion, there seemed little point in adding to it at any length. In particular, I point to the evidence ...
    2 days ago
  • Highlights from Bauer Media’s science-related reporting
    Today has felt surreal. I was all set to touch base online with my science communication students when a colleague shared the news that Bauer Media would be shutting down its publications immediately. The first link I saw implied it was Woman’s Weekly affected, and even that shocked me. But ...
    SciBlogsBy Sarah-Jane O'Connor
    2 days ago
  • Outsiders.
    Bogeymen, Real And Imagined: Is the number of psychopathic and sociopathic individuals in any given society truly as vanishingly small as we like to tell ourselves? Isn’t it more likely that the mass-shooters and serial-killers filling the headlines represent only the tip of a much, much larger iceberg of frightfulness? ...
    2 days ago
  • We have a right to know the rules we are expected to obey
    Outgoing Police Commissioner Mike Bush appeared before the Epidemic Response Committee today, who asked him for the rules police are using to enforce the lockdown. He refused:Police Commissioner Mike Bush has admitted the advice given to Kiwis about what they're able to do during the lockdown hasn't been clear enough. ...
    No Right TurnBy Idiot/Savant
    2 days ago
  • Life in Lock Down: Day 7 (sanitised version)
    For those folk who find my other Lock-Down Diary versions too “negative” or otherwise unpalatable… Here’s a photo of my cat, . . Better? Tomorrow’s Sanitised Version: a pretty flower. . . . =fs= ...
    Frankly SpeakingBy Frank Macskasy
    2 days ago
  • Life in Lock Down: Day 7
    . . April 1: Day seven of living in lock-down… This morning I had a brief chat with one of my neighbours, “D” (social distance between us, a good three or four metres). I learned he had resigned from his previous job and had been hired by another company – ...
    Frankly SpeakingBy Frank Macskasy
    2 days ago
  • RIP The Listener, New Zealand’s pioneering voice
    Funnily enough, my thought as I start this post is whether it will be well written enough. Or should that be well enough written? Because so much of what I know about good writing came from my two stints at The Listener, which this morning was shut down due to ...
    PunditBy Tim Watkin
    2 days ago
  • OK, Britney: stop sniping at National for doing its job
    With normal democratic procedures in abeyance, there were two ways to go. First, it was open for the government to dissolve itself and invite the National Party to join a ministry of national salvation. That would have lessened the democratic deficit of the times by having a team of rivals without ...
    PunditBy Liam Hehir
    2 days ago
  • Helpful tips for parents during lockdown
    Dr Kirsty Ross Children and young people can respond differently in times of distress. This also varies by age and developmental stage, with younger children having more magical and imaginative thinking, and older children having more awareness and knowledge of the issues our communities are facing (which brings up ...
    SciBlogsBy Guest Author
    2 days ago
  • Skeptical Science New Research for Week #13, 2020
    3 days ago
  • Hungary is now a dictatorship
    Hungary has been a virtual dictatorship for a decade now, as Prime Minister Viktor Orbán has gradually eroded its democracy. But now, its official, with the passage of an indefinite emergency law allowing rule by decree:Hungary’s parliament has passed a new set of coronavirus measures that includes jail terms for ...
    No Right TurnBy Idiot/Savant
    3 days ago
  • A new Ministry of Works
    While the economy is on pause under lockdown, the government is beginning to plan how to cope with the post-lockdown, post-tourism, post-export education world we will eventually find ourselves in. They're planning a lot of infrastructure spending as economic stimulus, and have asked for proposals which can start the moment ...
    No Right TurnBy Idiot/Savant
    3 days ago
  • Capture: Well spaced out
    It's my distraction,  setting up tiny scenes to photograph.  I've got stuck on the Babushka dolls for now.  Something about their bubble shape.  Something about their never changing, smiling features, suggesting persistent equanimity.  Can we get through everything that is being thrown at us and keep at least a tiny ...
    3 days ago
  • Life in Lock Down: Day 6
    . . March 31: Day six of living in lock-down… This time I managed to sleep a little longer and the alarm woke me at the pre-set time: 6.55am. Then remembered I was working a later shift and could’ve slept in. Oh well, there are things to do at home. ...
    Frankly SpeakingBy Frank Macskasy
    3 days ago
  • March ’20 – NZ blogs sitemeter ranking
    Image credit: Diamond Harbour School Blogs I notice a few regulars no longer allow public access to the site counters. This may happen accidentally when the blog format is altered. If your blog is unexpectedly missing or ...
    3 days ago
  • Hard News: Poll Pot and the partisans
    Yesterday's Horizon poll showing support for a "Yes" vote in this year's cannabis referendum sliding into the majority for the first time in a year looked like good news for reformers – and it probably is. But the result warrants some scrutiny.The poll is the fifth in a series commissioned ...
    3 days ago
  • Why those bubbles are so important
    For almost a week now, every one of us who isn’t an essential worker has been confined to their bubble. We are allowed to go shopping for groceries, to visit the doctor, and to get a bit of exercise if we stay local. The reason we are doing this is ...
    SciBlogsBy Siouxsie Wiles
    3 days ago
  • A Government System That Works
    The Covid-19 saga will no doubt produce many twists and turns for us before it is finally brought to an end. But one thing it has shown us – and what comfort it should bring us – is that our country’s government is in good hands. I am not thinking ...
    Bryan GouldBy Bryan Gould
    3 days ago
  • Smashing down the barriers: Where are we at with COVID vaccines?
    In the absence of a vaccine or a cure for a deadly disease, staying home in your bubble is what you do, the concept is not new.  To the best of my knowledge last time we did this in NZ was for polio, in the years before a vaccine came ...
    SciBlogsBy Helen Petousis Harris
    4 days ago
  • National Network on Cuba (USA): “Cuban medical solidarity is a pillar of its society and is founde...
    The following statement was released on March 28 by the National Network on Cuba, a coalition of 40 groups, based in the United States. In recent weeks, Cuba has deployed hundreds of medical providers to over a dozen countries in Europe, Asia, as well as to their neighbors in Latin ...
    RedlineBy Admin
    4 days ago
  • Alarming decrease in calves increases fears for endangered Hector’s dolphin
    This has been a terrible summer for Hector’s dolphins. The first indication was very low numbers of dolphin sightings during late spring and early summer. The Otago University Marine Mammal Research Team has carried out routine dolphin surveys at Banks Peninsula for more than 30 years. In all that time, ...
    SciBlogsBy Otago Marine Science
    4 days ago
  • Time for Grant Robertson to reveal package #2?
    On March 17, Finance Minister Grant Robertson was quick out of the blocks with an economic rescue package to help businesses through the inevitable recession resulting from the coronavirus pandemic. Robertson had pulled together a scheme in short order that so far seems to have saved many jobs. In his ...
    PunditBy Tim Watkin
    4 days ago
  • Saving lives
    The purpose of the lockdown is to save lives, by reducing the spread of covid-19. We won't know if its really working for another week, but given the devastation that will result if it doesn't - 14,000 dead is the optimistic scenario - its definitely worth trying. But pausing the ...
    No Right TurnBy Idiot/Savant
    4 days ago
  • Life in Lock Down: Day 5
    . . March 30: Day five of living in lock-down… Woke up still in darkness. Alarm hadn’t gone off. Turn to radio clock; it’s a few minutes after 6am… I lie there in the dark, waiting to drift off to sleep… but it ain’t happening. Clock ticks over to 6.55 ...
    Frankly SpeakingBy Frank Macskasy
    4 days ago
  • Speaker: Les Gray: the man who told the truth
    The story of Les Gray, the public sector psychologist who told the truth about his use of cannabis and set off a storm, has a special place in the lore of cannabis reform in New Zealand.When Paul Shannon interviewed Gray for the 'Dope and Hope' issue of Planet magazine in ...
    4 days ago
  • Why now? Historical specificity and the perfect storm that has created trans identity politics
    by Phil Duncan For Marxists, a key concern about social trends is their context – not just their causes, but why they happen when they do.  Events and phenomena have causes, but they also are time or period-specific. While much of the left have capitulated recently to postmodernism, most notably ...
    RedlineBy Admin
    5 days ago
  • Time for a living wage for supermarket workers
    Since the lockdown began, we've all suddenly been reminded who the actually essential workers in our society are: not the people at the top who pay themselves the big bucks and rort the perks, but the people at the bottom they screw over and squeeze: cleaners, warehouse staff, truck drivers ...
    No Right TurnBy Idiot/Savant
    5 days ago
  • Hard News: MUSIC: Lockdown Grooves
    Kia ora! As I've watched nearly all my remaining work vanish over the past couple of days, it has occured to me that one good way to keep me away from arguing with fools on Twitter all the time (in the knowledge that all we're really doing is processing our ...
    5 days ago
  • A place of greater safety?
    Aotearoa New Zealand has committed to trying to extirpate the virus that causes COVID-19 from its shores. To do that, as a society we’ve moved to “Level 4”. That means adapting to unprecedented restrictions on our personal freedoms, particularly to our rights to move freely and associate with friends and ...
    PunditBy Andrew Geddis
    5 days ago
  • The police and public trust
    When the Prime Minister declared a state of emergency last week, she handed the police powers to enforce it. And almost immediately, we started hearing about heavy-handed, arbitrary "enforcement" by police who (at best) cared more about order than law, or (more likely) had no idea what the rules were ...
    No Right TurnBy Idiot/Savant
    5 days ago
  • Life in Lock Down: Day 4
    . . Lock Down: Day 4 – A photo essay with observations . March 29: Usual wake up routine as RNZ snaps on my radio-clock. Jim Mora’s voice slowly enters my conciousness; there’s talk of a second wave of covid19 taking hold in South Korea; the week in Parliament – ...
    Frankly SpeakingBy Frank Macskasy
    5 days ago
  • COVID-19 vs New Zealand
    Yesterday, New Zealand recorded its first Covid-19 related death on the West Coast. Unfortunately this is unlikely to be the only fatality, with the virus now being found in every region of the country.However despite the significant danger, people are still unfortunately breaching lockdown rules.There’s really only one main very ...
    5 days ago
  • 2020 SkS Weekly Climate Change & Global Warming Digest #13
    Story of the Week... Toon of the Week... Coming Soon on SkS... Climate Feedback Claim Review... SkS Week in Review... Poster of the Week... Story of the Week... ‘Misinformation kills’: The link between coronavirus conspiracies and climate denial   Grist / Rob Kim / Stringer / CSA Images  Scientific ...
    5 days ago
  • Rāhui day 4
    The kids did surprisingly well today – meltdown count was about 3, and mostly fairly short ones. (And a fourth while I was writing.) Game-wise I had a go at Fell Seal: Arbiter’s Mark. It’s a fairly standard RPG with turn-based combat and what they call a “mature storyline” (it ...
    The little pakehaBy chrismiller
    6 days ago
  • Letter to a friend
    by Don Franks Hi David, Nice hearing from you, I’m glad to hear you’re getting by okay in these grim times. You asked how’s it going for us back here in New Zealand. You would have heard that the whole country is locked down and with breaks for exercise and ...
    RedlineBy Daphna
    6 days ago
  • Life in Lock Down: Day 3
    . . Lock Down: Day 3 – A photo essay with observations . March 28: First day of the first weekend in Lock Down. It feels like it’s been weeks since only Level 3 was declared last Tuesday, only four days ago. Woke up this morning to RNZ; coffee; toast, ...
    Frankly SpeakingBy Frank Macskasy
    6 days ago
  • 2020 SkS Weekly Climate Change & Global Warming News Roundup #13
    A chronological listing of news articles linked to on the Skeptical Science Facebook Page during the past week, i.e., Sun, Mar 22, 2020 through Sat, Mar 28, 2020 Articles Linked to on Facebook Sun, Mar 22, 2020 In Just 10 Years, Warming Has Increased the Odds of Disasters by Chelsea Harvey, ...
    6 days ago
  • Rāhui day 3
    I’m here in lockdown with my flatmate and her two girls (6 and 2) and it. is. a time. They’re usually really active so to start with the only boardgame in the house is the copy of Guess Who that the 6 year old got for her birthday. Flatmate commented ...
    The little pakehaBy chrismiller
    7 days ago
  • A test of civil society.
    The CV-19 (COVID) pandemic has seen the imposition of a government ordered national quarantine and the promulgation of a series of measures designed to spread the burden of pain and soften the economic blow on the most strategically important and most vulnerable sectors of society. The national narrative is framed ...
    KiwipoliticoBy Pablo
    7 days ago
  • Life in Lock Down: Day 2
    . . Lock Down: Day 2 – A photo essay with observations . March 27 – Day 2 of our Strange New World. The Park and Ride near my suburb, usually filled with hundreds of vehicles, had just… four; . . Another drive into Wellington City on a highway nearly ...
    Frankly SpeakingBy Frank Macskasy
    1 week ago
  • How Do You Feel? What Do You Think?
    Fortune's Children: Under extraordinary pressure, the leader of the Government and the leader of the Opposition will each show us what they are made of. Have they been blessed with intelligence, grace, wit, poise, toughness, empathy and humour – and in what measure? More importantly, to what extent have they ...
    1 week ago
  • Landlords are NOT an essential service
    If you’ve ever had the misfortune of having to rent a property on the open market in New Zealand, which is one of the most expensive in the entire world, you’ll likely be keenly aware of just how arrogant and entitled landlords and their real estate agents can be.Unfortunately for ...
    1 week ago
  • A “new Society” post-COVID19 will definitely emerge. The question is: on what path?
    Society-wise, aside from the specific morbidity shall we say of the medically-oriented aspects of this COVID-19 crisis, what is unfolding before the world is in more than one way an instructive study of humanity and reactions to a high intensity, high stress environment in real time. Friends, we are at ...
    exhALANtBy exhalantblog
    1 week ago
  • Raise the Bar: Everything you need to know about the wage subsidy
    Right now low waged and insecure workers are feeling the economic brunt of the looming #Covid19 Recession. In response legal advocate Toby Cooper* and hospitality and worker’s rights advocate Chloe Ann-King, are putting together a series of legal blogs about your employment rights: In this legal blog we outline some ...
    PosseBy chloeanneking
    1 week ago
  • The massacre of prisoners in Modelo jail, Bogota, March 21
    by Equipo Jurídico Pueblos and Gearóid Ó Loingsigh (25/03/2020) An escape plan in question On the night of March 21st and the early morning of the 22nd, the forces of the Colombian state stormed into the Modelo prison in Bogotá, murdering 23 prisoners and injuring 83, in response to the ...
    RedlineBy Admin
    1 week ago
  • We are not America
    When the government banned semi-automatic weapons in response to a terrorist atrocity, gun-nuts were outraged. Mired in toxic American gun culture, they thought owning weapons whose sole purpose was killing people was some sort of "constitutional right", a necessity for "defending themselves" against the government. Now, the Court of Appeal ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • When will we know the lockdown is working?
    Just before midnight on Wednesday March 25, Aotearoa New Zealand entered a countrywide alert level four lockdown. For at least the next four weeks, everyone who isn’t an essential worker is confined to their bubble. We are doing this to stop the explosive growth in people contracting and dying from ...
    SciBlogsBy Siouxsie Wiles
    1 week ago
  • Lock Down: Day 1
    . . Lock Down: Day 1 – A photo essay with observations . Day one of the Level 4 nationwide lock-down (or, DefCon 4 as I sometimes cheekily call it) started at 11.59PM on 25 March. For a moment, most of the nation held it’s collective breath. In that brief ...
    Frankly SpeakingBy Frank Macskasy
    1 week ago
  • A Compelling Recollection.
    Broad, Sunlit Uplands: How those words fired my young imagination! Or, perhaps, it is more accurate to say: how those words fused, in my young mind, with the image printed on every packet of Fielder’s Cornflour. Always fascinated by history, especially modern history, I cannot hear Churchill’s wonderfully evocative words, even ...
    1 week ago
  • The Warehouse – where everyone gets a virus
    . . 24 March 2020 9.46AM Number of covid19 cases in Aotearoa New Zealand: 102 . As of 11.59 on Thursday, most of New Zealand will go into “lock down”. People will be expected not to travel to work; not to socialise; and to stay home. I will not be ...
    Frankly SpeakingBy Frank Macskasy
    1 week ago
  • Aggressive action to address climate change could save the world $145 trillion
    This is a re-post from Yale Climate Connections A respected research group, Project Drawdown, finds that deploying solutions consistent with meeting the Paris climate targets would cost tens of trillions of dollars globally. But crucially, those outlays would also yield long-term savings many times larger than the up-front costs. The new 2020 Drawdown ...
    1 week ago
  • After the Pandemic
    It will pass. What happens next? Not immediately, but longer term. There are many opinions, fewer certainties. Will it “change everything!” as many confidently, and contradictorily predict? In this post I look at how foresight can help bound some of the uncertainties so you can more objectively consider the future. ...
    SciBlogsBy Robert Hickson
    1 week ago
  • Coronavirus – Cuba shows the way
    We’ve been meaning t write something on Cuba and the coronavirus but have just discovered a very good article on the subject in the US left publication Jacobin.  The article looks at how Cuba, a poor country but one where capitalism has been done away with, is leading the way ...
    RedlineBy Admin
    1 week ago
  • Using privacy law to prevent the death penalty
    In 2018, El Shafee Elsheikh and Alexanda Kotey - two British citizens who had purportedly been stripped of their citizenship by the British government - were captured while fighting for Isis in Syria. The British government then conspired to hand them over to the US, and agreed to provide evidence ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • It’s Time For Disaster Socialism.
    Transformers: The disaster of the Great Depression was transformed into a new and fairer society by the democratic socialism of the First Labour Government. The disaster of the Covid-19 Pandemic offers a similar transformative possibility to the Labour-NZ First-Green Government. Seize the time, Jacinda! You will never have a better ...
    1 week ago
  • Skeptical Science New Research for Week #12, 2020
    Tamper with The System? Well, we already are. But there's a difference between accidentally trickling sand into a precision gearbox versus formulating a plan to alter it on the fly with improvements in mind. One action is more or less innocently unscrupulous, the other amenable to earning an easy ...
    1 week ago
  • Avoidable hospitalisations: Helping our health system get through COVID-19
    Associate Prof George Thomson, Louise Delany, Prof Nick Wilson While it is possible that New Zealand can use intense public health controls to eradicate COVID-19 from the country – we must also plan for other scenarios where thousands of New Zealanders are sick – including many urgently hospitalised.1 Better resilience ...
    SciBlogsBy Public Health Expert
    1 week ago
  • Raise the Bar: 10 questions to ask your employer proposing redundancy
    Kia ora my name is Chloe Ann-King* and I am the founder of Raise the Bar, a campaign and non-profit that gives free legal aid, advocacy and tautoko to hospitality workers in Aotearoa. Right now all over our country hospo workers are being fired at will, having shifts cut or being ...
    PosseBy chloeanneking
    1 week ago
  • An equitable way to support business
    The Herald reports that the government is planning to lend billions of dollars to large businesses to keep them operating during the pandemic. As with mortgage relief, this is necessary: we need companies to stay in business, to reduce the economic damage and help things get restarted again when this ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Hard News: Together Alone
    We're about to do something unprecedented as a nation. We hope that by taking this extraordinary action before a single life in New Zealand has been lost to the deadly novel virus we will save tens of thousands of lives. Our  lives. We'll do it together, in households, in isolation ...
    1 week ago
  • Why timing is everything: ‘A time to refrain from embracing’ starts today
    “There is a time for everything,    and a season for every activity under the heavens.”So writes the author of Ecclesiastes, a book in the Old Testament that’s counted as a ‘wisdom’ book and written as if by an unnamed king of Jerusalem. But who would have thought there would be a time ...
    PunditBy Tim Watkin
    1 week ago

  • Further measures to support businesses
    The Government will be introducing legislation to make changes to the Companies Act to help companies facing insolvency due to COVID-19 to remain viable and keep New Zealanders in jobs. The temporary changes include: Giving directors of companies facing significant liquidity problems because of COVID-19 a ‘safe harbour’ from insolvency ...
    BeehiveBy beehive.govt.nz
    21 hours ago
  • Govt’s COVID plan, economic strength recognised
    The Government’s plan to cushion the blow of COVID-19 by supporting incomes, jobs and businesses, and position the economy to recover has been backed by another international report. International credit rating agency Moody’s today reaffirmed its highest Aaa credit rating on New Zealand, saying the economy is expected to remain ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Funding certainty for sports through COVID-19
    National sports organisations have been given certainty of funding to ensure they can remain viable through the COVID-19 pandemic, Sport and Recreation Minister Grant Robertson announced today. “The global spread of COVID-19 has had a significant impact on sport and recreation in New Zealand, including the cancellation or postponement of ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Butchers now allowed to process pork
    Changes have been made to allow butchers to process pork, only for supply to supermarkets or other processors or retailers that are open, Agriculture Minister Damien O’Connor has announced. “We carefully weighed the risk of allowing butchers to open their shops for retail customers, but the risk of spreading COVID-19 ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Essential workers leave scheme established
    Essential workers who take leave from work to comply with public health guidance are being supported with a leave scheme to ensure they will continue to receive income, say the Minister of Workplace Relations and Safety Iain Lees-Galloway and Minister for Social Development, Carmel Sepuloni. A number of essential businesses ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Govt WhatsApp helps share COVID-19 information
    A Government WhatsApp channel has been launched to help make information more easily accessible and shareable in the fight against COVID-19. Govt.NZ, which is free to use on any mobile device, will carry information and news for the public, businesses, healthcare providers, not for profits and local government. It can ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Managed departure plan for stranded foreign nationals enables safe, orderly exit
    The Government has announced a plan to enable the safe, orderly exit of tens of thousands of stranded foreign nationals from New Zealand during the current COVID-19 Alert Level 4 restrictions, Deputy Prime Minister and Foreign Minister Winston Peters has said. “When we moved into lockdown a week ago, the ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Government delivers COVID-19 support to GPs and Pharmacies
    Health Minister Dr David Clark says the Government is delivering on its commitment to support general practice doctors and nurses, and pharmacies on the front-line of our fight against COVID-19. "For us to overcome COVID-19, we need community health services such as general practice and community pharmacy to step up ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Susan Thomas the new Chief High Court Judge
    Justice Susan Thomas has been appointed Chief High Court Judge, Attorney-General David Parker announced today.  She replaces Justice Geoffrey Venning who has resigned from the position.   David Parker paid tribute to Justice Venning, who he said had stewarded the High Court very capably over the last five years.   “On behalf ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Business Finance Guarantee – applications open
    Businesses can start applying to their banks for loans under the Business Finance Guarantee Scheme set up to support the New Zealand economy during the COVID-19 pandemic. “We’re moving quickly to protect New Zealand businesses, jobs and the economy during this unprecedented global economic shock,” Finance Minister Grant Robertson said. ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Work starts on ways to fast-track consents to boost recovery from Covid-19 downturn
    Work is underway looking at measures to speed up consents for development and infrastructure projects during the recovery from COVID 19, to provide jobs and stimulate our economy.  Environment Minister David Parker said the COVID-19 pandemic is a serious global crisis that will have a wide ranging and lasting impact ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Advance payments to support contractors
    Advance payments will be made to transport construction industry contractors to retain the workforce and ensure it is ready to quickly gear up to build projects which will be vital to New Zealand’s COVID-19 economic recovery, Transport Minister Phil Twyford announced today. He said keeping the workforce required to build ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Government seeks infrastructure projects
    The Government has tasked a group of industry leaders to seek out infrastructure projects that are ready to start as soon as the construction industry returns to normal to reduce the economic impact of the COVID-19 pandemic, Economic Development Minister Phil Twyford and Infrastructure Minister Shane Jones say. The Infrastructure ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Health system scaled up to prepare for COVID-19
    Work to scale up the health system in preparation for COVID-19 was today outlined by Health Minister David Clark, as he reported back to the new Epidemic Response Committee. “We are well placed to contain the spread of COVID-19. We have taken early and decisive action at our borders, and ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Essential media COVID-19 guidelines refined
    The Government is refining its COVID-19 essential business guidance to include the distribution of news publications for communities which are hard to reach. The Minister of Broadcasting, Communications and Digital Media, Kris Faafoi, said the move was in recognition of the importance for New Zealanders who might be harder to ...
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    4 days ago
  • Supermarkets able to open on Easter Sunday
    The Government is ensuring supermarkets can open on Easter Sunday so we can buy groceries, but stay closed on Good Friday allowing workers to take a break. This provides a balanced approach and ensures we avoid large queues that two days closure may cause. “Supermarkets will be able to open ...
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    4 days ago
  • New Zealand defence personnel conclude mission at Taji
    Following the successful conclusion of the Building Partner Capacity (BPC) mission at Taji, New Zealand defence personnel are returning to New Zealand from Iraq, in accordance with the Cabinet decision made in June 2019, Foreign Affairs Minister Winston Peters and Defence Minister Ron Mark announced today. “New Zealand is very ...
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    4 days ago
  • State of National Emergency extended
    The State of National Emergency to help stop the spread of COVID-19 has been extended for a further seven days, Minister of Civil Defence Peeni Henare said. The initial declaration on March 25 lasted seven days and can be extended as many times as necessary. “Since we went into isolation ...
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    4 days ago
  • Strong Govt books support ‘go hard, go early’ response
    New Zealand’s ability to go hard and go early in the fight against COVID-19 has been underpinned by strong Government finances and the growing economy heading into this global pandemic, Finance Minister Grant Robertson says. The Treasury today released the Crown financial statements for the eight months to the end ...
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    4 days ago
  • Christchurch Hospital Hagley ICU to open to support COVID-19 response
    Health Minister Dr David Clark says 36 new intensive care beds at Christchurch Hospital’s new Hagley building are being fast tracked so they are available for treatment of COVID-19 patients.   The Ministry of Health is working with contractor CPB and Canterbury DHB to enable access to the hospital’s ICU, ...
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    5 days ago
  • Government supports Air NZ freight flights
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    5 days ago
  • Tariff concessions on COVID-19 related products
    New Zealand will temporarily remove tariffs on all medical and hygiene imports needed for the COVID-19 response. Trade and Export Growth Minister David Parker and Commerce and Consumer Affairs Minister Kris Faafoi said today that the New Zealand Customs Service will apply tariff concessions to all diagnostic reagents and testing ...
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    7 days ago
  • Clarification of modification to wage subsidy scheme
    Minister of Finance Grant Robertson has clarified that the changes to the wage subsidy scheme announced yesterday mean that employers should be passing on the full subsidy to workers, except in the case where the person’s normal income is less than the level of the subsidy. “We still want employers ...
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    7 days ago
  • Face masks flowing to DHBs
    Medical face masks from the national reserve supply are now being distributed to District Health Boards, while at the same time local production is being ramped up. Yesterday more than 640,000 masks were sent to DHBS – that is an immediate two week supply, with more to follow in coming ...
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    1 week ago
  • COVID-19: Further steps to protect New Zealanders’ jobs
    The Government has made modifications to the wage subsidy scheme to ensure people don’t lose their jobs during the national lockdown. These changes will soften the impact of COVID-19 on workers, families and businesses, and position them to exit the lockdown and look to recovery, Finance Minister Grant Robertson says. ...
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    1 week ago
  • Tax relief for Mycoplasma Bovis farmers
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    1 week ago
  • $27 million for NGOs and community groups to continue providing essential services
    A $27 million dollar package, effective immediately, is being provided to social sector services and community groups to ensure they can continue to provide essential support to communities as we stay at home as a nation to stop the spread of COVID-19, Minister for Social Development Carmel Sepuloni announced. “At ...
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    1 week ago
  • Statement on guilty plea of March 15 terrorist
    “The guilty plea today will provide some relief to the many people whose lives were shattered by what happened on March 15,” Prime Minister Jacinda Ardern said. “These guilty pleas and conviction bring accountability for what happened and also save the families who lost loved ones, those who were injured, ...
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    1 week ago
  • COVID-19 updates
    The Prime Minister is holding daily press conferences to update New Zealanders on the Government's response to COVID-19. Links to videos and transcripts of these updates below. These transcripts also include All of Government press conferences led by Director Ministry of Health's Director-General of Health Dr Ashley Bloomfield. 25 March: Live update from the Prime ...
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    1 week ago
  • Police numbers break through 10,000 mark
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    1 week ago
  • Urgent tax measures for economic recovery
    Urgent legislation has been passed to support the package of economic and social measures needed to recover from the impact of the coronavirus outbreak. “The COVID-19 Response (Taxation and Social Assistance Urgent Measures) Bill will cushion New Zealanders from the worst economic impacts of the COVID-19 outbreak,” said Revenue Minister ...
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    1 week ago
  • Further support for farmers and growers as drought persists
    From tomorrow, Government support for farmers and growers affected by drought will be expanded and extended across the country, with access to Rural Assistance Payments (RAPS) available throughout the North Island, parts of the South Island and the Chatham Islands, Social Development Minister Carmel Sepuloni announced. “These challenging conditions have ...
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    1 week ago
  • COVID-19: Temporary changes to Education Act
    Parliament has passed amendments to legislation that give the Secretary of Education stronger powers to act in the fight to limit the spread of COVID-19, Education Minister Chris Hipkins said today. “They are part of a suite of changes passed under the COVID-19 Response (Urgent Management Measures) Legislation Bill,” Chris ...
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    1 week ago
  • Canada, Australia, Chile, Brunei and Myanmar join NZ and Singapore in committing to keeping supply a...
    Canada, Australia, Chile, Brunei and Myanmar have joined forces with New Zealand and Singapore by committing to keep supply chains open and remove any existing trade restrictive measures on essential goods, especially medical supplies, in the face of the Covid-19 crisis.  Trade and Export Growth Minister David Parker today welcomed ...
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    1 week ago
  • COVID-19: Rent increase freeze and more protection for tenants
    Immediate freeze on rent increases Tenancies will not be terminated during the lock-down period, unless the parties agree, or in limited circumstances Tenants who had previously given notice can stay in their if they need to stay in the tenancy during the lock-down period Tenants will still be able to ...
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    1 week ago
  • Working together to protect businesses and workers
    As New Zealand unites to lock-down in the fight against COVID-19, the Finance Minister is urging all businesses and workers to stay connected over the next four weeks. “We understand the extreme pressure many businesses are under right now. I know most business owners think of their workers as family ...
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    1 week ago
  • State of National Emergency declared to fight COVID-19
    A State of National Emergency has been declared across the country as the Government pulls out all the stops to curtail the spread of COVID-19. “Today we put in place our country’s second ever State of National Emergency as we fight a global pandemic, save New Zealanders’ lives and prevent ...
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    1 week ago
  • Prime Minister’s statement on State of National Emergency and Epidemic Notice
    Mr Speaker I wish to make a Ministerial Statement under Standing Order 347 in relation to the recent declaration of a State of National Emergency. Having considered the advice of the Director Civil Defence Emergency Management, the Minister of Civil Defence declared a State of National Emergency for the whole of ...
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    1 week ago
  • Deadline for domestic travel extended
    People needing to travel on domestic flights, trains and Cook Strait ferries to get home before the country moves into level 4 lock-down tomorrow night will be able to continue using the passenger services until midnight on Friday, Transport Minister Phil Twyford said today. Domestic passenger services, particularly ferries, have ...
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    2 weeks ago
  • Mortgage holiday and business finance support schemes to cushion COVID impacts
    The Government, retail banks and the Reserve Bank are today announcing a major financial support package for home owners and businesses affected by the economic impacts of COVID-19. The package will include a six month principal and interest payment holiday for mortgage holders and SME customers whose incomes have been ...
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    2 weeks ago