web analytics

Global finance and climate change

Written By: - Date published: 9:00 am, April 14th, 2018 - 18 comments
Categories: capitalism, climate change, Economy, energy, Environment, global warming, greens, james shaw, science, sustainability - Tags:

The two greatest powers at work in the world right now are the roles of global finance, and climate change.

In New Zealand we don’t yet see how these intersecting worlds of finance and climate change are interacting, or the government’s role in forming that interaction.

To give a sense of the pieces this government is putting together to address climate change, here’s the initial view of what role the government could have about managing finance markets in this interests of New Zealand within climate change. The report that Minister James Shaw launched today to a business audience states there are four kinds of role the government can adopt: “1. Direct investor, 2. Investment manager, 3. Market Maker, and 4. Trailblazer.”

That debate opens today.

The paper was prepared prior to a change of government for the Ministry for the Environment in mid 2017.

The Minister is seeking something exceedingly bold and difficult: he wants his climate change legislation to have the support of both sides of Parliament.

And persuade the 1%. Because that is where the money is.

Gulp.

In order to do that he needs the fulsome support of the business community for the proposals.

In order to do that he needs proposals.

To do that he needs a Climate Change Commission.

But the work is too pressing so he needs interim appointees.

And he needs to work the business community with research pieces like this.

Softening the ground. Preparing the way. Stabilising the discourse beyond the binary.

As the launch of the decision this week to not release further offshore oil blocks for exploration, the Prime Minister made it very clear that she wanted to see a “transition plan”. It was as high level as that, and honestly pretty empty. But at least she knew she wanted to avoid the restructure crises and wholesale industrial collapses from 1984-1988.

So what Minister Shaw is doing – seeking to form a compact between business and key stakeholders and a left-leaning government towards addressing climate change – really is as hard as it looks. The result of New Zealand’s last restructure of this kind of scale was a complete change in our entire electoral system, to seek to ensure no such wholesale and poorly mandated change ever occurred in New Zealand again.

Minister Shaw’s task is to form the discourses, the processes, the proposals, and the legislation to restructure New Zealand about climate change.

Who knows if Ardern, Shaw, and the rest of this government has enough time to achieve concrete stuff, from enacted legislation about climate change, before the term runs out.

This approach will take time. Neither global finance, nor the climate, have much use for time.

But this is a government determined to take its people with them.

18 comments on “Global finance and climate change”

  1. Either we evolve a plan, or climate change sweeps us along to an inevitable doom.

    Either we start making changes, big, widespread structural changes, or Guy MacPerson’s gloomy prophecies will come true.

    It may be hard, and it will involve some disruption, but nothing compared to sitting on our backsides in a ‘perpetual present.’

    So, full marks to James Shaw for pushing the envelope and stirring us out of our ‘fatal’ complacency!

  2. cleangreen 2

    100% correct Tony,

    We need a real boot up the bum here in our “once active nuclear free NZ”
    So complacent we are when we see the evidence actually affecting our homes and lives and still fucking national sits where and tries to wind the clock back to pre-1950’s when we used to think we could last forever driving big gas guzzling cars!!!!!! Wake up National and grow some balls.!!!

    Cut the ties big oil has shackled you with and live free again.

  3. patricia bremner 3

    Well I am sure James will play to the 1% self interest. What ever he promotes will be “Win Win”. He has a good grasp of what drives them, and the efficiencies that will appeal.

    He will chess play and strategise, using investment ploys in innovations making sure they and NZ develop an edge in climate change ideas.

    Far from being at sixes and sevens, this Coalition is using it’s strengths very well.

  4. Draco T Bastard 4

    “1. Direct investor, 2. Investment manager, 3. Market Maker, and 4. Trailblazer.”

    And persuade the 1%. Because that is where the money is.

    But if we changed to a sovereign monetary system it very rapidly wouldn’t be and we’d have a better economy. With a sovereign monetary system the government could easily do 1, 3, and 4.

    One of the things that Shaw mentioned in the run up to the election was developing our silicon resources and producing actual PV solar panels. We have vast tonnes of the stuff and it’s a pretty old technology which means that it wouldn’t be excessively hard to do.

    How the government could do it is to:
    1. Create the money and use that money to
    2. Buy the necessary tech (I understand that there’s a few struggling solar PV factories in the US)
    3. Build the necessary factories here
    4. Train up the necessary skills here

    End result: Solar PV made in NZ from NZ resources utilising NZers skills.

    As for 2? Well, who gives a fuck about rich people’s investment? Rich people aren’t needed and they’re a massive drain on the economy. Better to simply leave them out of the equation.

    In order to do that he needs the fulsome support of the business community for the proposals.

    Which part of the business community The people actually doing the work or the bludging shareholders and financial sector?

    If it’s the latter then simply ignore them – they’re not important.

  5. Bill 5

    The basic problem is that in seeking to preserve (quite literally) “business as usual”, these ‘transition plans’, are most assuredly not addressing global warming.

    And it ends one way. Badly. Very, very badly.

    The nonsense (inherent to all governments policies around AGW anywhere in the world) is that we can somehow have our cake and eat it. We can’t.

    They do as they plan, and the physics beneath AGW is going to make life well nigh impossible for billions of us and downright terrible for the remainder.

    We need new ways, not ‘tinkered with’ old ways that have led us to here.

  6. CHCOff 6

    The ‘facts’ about climate change/global warming don’t actually matter.

    If structures are going to be imposed on the public without consent or manufactured public support, then they will be detrimental and further accelerate environmental castastrophe…that is what the political approach will achieve.

    If new structures with environmental consciousness are introduced with genuine wide spread public support and acceptance, they will at minimum decelerate environmental degradation worst case scenario but more likely rapidly reverse significant trends.

    GIven that politics is pretty much lemmings walking in whatever direction high finance directs it to, it’s pretty much a case of what degree is high finance capable of independent governance from it’s political pyramids at this point.

    • Pat 6.1

      so its about time governments took back control from finance….its a choice.

      • CHCOff 6.1.1

        Such like feels good to think, but in practical terms is also unsustainable, at least in terms of purely political democractic government structures.

        • Pat 6.1.1.1

          and yet thats exactly what we did post WW2 through to the rise of neo-liberalism

          • CHCOff 6.1.1.1.1

            Nope, more control with with the reins ‘perhaps’ for a while but was the same horse as now and eventually lead back to it’s one drinking pond.

            Keep the horse, change the saddletype & rider, find a new drinking pond with a replenishing waterfall!

  7. patricia bremner 7

    Jacinda has made a first move on oil. OK, it is not enough but a beginning. If National was in, would this happen? NO!!

    She will do more. NZ First will try to mitigate the changes. The Greens are involved!!

  8. Incognito 8

    A very good post, thank you.

    I like the last sentence:

    But this is a government determined to take its people with them.

    And I like to turn it around and start at the other end, with the people.

    Apart from legislation is there any (compelling) reason why the charge against climate change has to come from the top, from our democratically elected representatives, and only from the top? I (can) see no particular reason why there could or should not be a simultaneous community groundswell or movement, if you like. Arguable, such groundswell is (already) present but the connection, the intersection and interaction with (this) Government still is latent.

    Governments have been beholden to the financial and business community since forever and also need to please the electorate. In any case, Governments come and go.

    The people, however, don’t have the same pressures and restrictions placed upon them, they are not really beholden to businesses and banks, for example – they might believe this to be the case but that doesn’t make it so. They care about their future and the futures of their children and grandchildren.

    If we turn that sentence around we get something that feels right to me:

    The people are determined to take their politicians with them.

    It makes sense because there are many more of us than there are politicians let alone politicians who make up Government.

    Of course, it is no coincidence that the only grassroots party in Parliament, the Green Part, leads the charge despite the limelight being on the PM and Labour and its coalition partner NZF.

    That said, I like to think that Ms Ardern also had in mind the power of the people and did not limit her thinking to only politicians or Government when she made her famous statement during the election campaign:

    This is my generation’s nuclear-free moment, and I am determined that we will tackle it head on.

    I disagree with her on making it an exclusive (?) issue for her generation but she clearly hinted at a much more widespread sense of urgency and will to change things than just her own personal conviction and commitment. Obviously, one PM can only do so much …

    I don’t see climate change as a great battleground but as an issue that goes beyond and transcends all other (historical) divisions and one that will bring people together, by necessity. Unfortunately, there always people and forces that will (actively) resist this convergence and consensus and cling to status quo and BAU. One of the questions that this post raised, for me, is whether the financial & business sector is by definition in the opposing resisting camp and whether they are beyond redemption …

    I realised I almost wrote another post in response, sorry …

    • Pat 8.1

      good thoughts and yes the PM deserves all the support we can offer…as to the business community (and perhaps even finance to an extent) I think there is a distinct division between those with a vested interest and those not, which is not really surprising but none the less effective for that…it is indeed an issue that should transcend all historical divisions,

  9. Carolyn_Nth 9

    I have been doing a little google-led reading on climate change and class. Basically, it’s crucial to engage the working classes with climate action.

    They (including the precariat and beneficiaries) will suffer most from climate change. Meanwhile the Green Movement internationally have been trying to engage the 1% in climate action.

    Many see this as the wrong way to go. There will be no successful climate action unless the least well off, the working classes, are engaged.Naomi Klein sees the struggle against capitalism as being central to climate action.

    Others have argued that capitalism is now decimating working class communities int he US, and shifting working class jobs to low waged, relatively poor communities. Automation is also decimating working class communities in the US. Basically capitalism and climate change are eating the working class communities and the environments and extractive industries on which they originally built their communities.

    This article on The New Republic from December 2016, addresses issues of class and climate change, and the class divisions undermining environmental action.

    What was once a popular movement now pushes a technocratic elite agenda with few connections in the American working class.

    First, they must emphasize job creation in a green economy. Environmentalists must fight alongside unions for full employment in a green economy that uses union labor.

    Environmental justice campaigns have to be waged at the grassroots level, in statehouses, and at the federal level. Centering these struggles on the plight of the working class and people of color will go far to bring the movement back to its democratic roots. The large green organizations do some of this work now, but it remains a minor part of the larger environmental agenda, much to its own detriment.

    If the history of the environmental movement demonstrates anything, it is that the movement gains political support when everyday people see how it affects their own lives. Until it effectively battles the belief that environmental protection is a privilege the nation’s working classes cannot afford, the environmental movement will fail politically …

  10. timeforacupoftea 10

    For Christ sakes ! I did not know Minister James Shaw came from the Values Party,
    the funny money brigade, good luck James.

Recent Comments

Recent Posts

  • First Police wing to complete training post lockdown
    A new-look Police graduation ceremony to take account of COVID19 health rules has marked the completion of training for 57 new constables. Police Minister Stuart Nash attended this afternoon's ceremony, where officers of Recruit Wing 337 were formally sworn in at the Royal New Zealand Police College without the normal support of ...
    BeehiveBy beehive.govt.nz
    1 hour ago
  • Government makes further inroads on predatory lenders
    Mobile traders and truck shops must adhere to responsible lending requirements Interest rate cap on high-cost loans Lenders prohibited from offering further credit to an applicant who has taken two high-cost loans in the past 90 days The Minister of Commerce and Consumer Affairs, Kris Faafoi, has signalled an end ...
    BeehiveBy beehive.govt.nz
    4 hours ago
  • New survey shows wage subsidy a “lifeline” for businesses, saved jobs
    94% of firms say wage subsidy had positive impact on cashflow 62% of firms say support helped to manage non-wage costs like rent A survey of business that have received the Government’s wage subsidy show it has played a significant role in saving jobs, and freed up cash flow to ...
    BeehiveBy beehive.govt.nz
    5 hours ago
  • Tax changes support economic recovery
    New legislation introduced to Parliament today will support growth and assist businesses on the road to economic recovery, said Revenue Minister Stuart Nash. “The Taxation (Annual Rates for 2020-21, Feasibility Expenditure, and Remedial Matters) Bill proposes that businesses can get tax deductions for ‘feasibility expenditure’ on new investments,” said Mr ...
    BeehiveBy beehive.govt.nz
    7 hours ago
  • $4.6 million financial relief for professional sports
    Sport and Recreation Minister Grant Robertson has welcomed the first release of funds from the $265 million Sport Recovery Package announced as part of Budget 2020. Sport NZ has announced that $4.6 million in funding will go to the Wellington Phoenix, NZ Warriors, Super Rugby teams and the ANZ Premiership ...
    BeehiveBy beehive.govt.nz
    9 hours ago
  • Critical support for strategic tourism assets
    An iconic New Zealand tourism attraction and the country’s 31 Regional Tourism Organisations are the first recipients of support from the $400 million Tourism Sector Recovery Plan, to help position the sector for recovery from COVID-19, Tourism Minister Kelvin Davis announced today. The plan includes a Strategic Tourism Assets Protection ...
    BeehiveBy beehive.govt.nz
    10 hours ago
  • Supporting Kiwi businesses to resolve commercial rent disputes
    The Government will legislate to ensure businesses that suffered as a result of the COVID-19 response will get help to resolve disputes over commercial rent issues, Justice Minister Andrew Little announced today. A temporary amendment to the Property Law Act will insert a clause in commercial leases requiring a fair ...
    BeehiveBy beehive.govt.nz
    11 hours ago
  • Prompt payments to SMEs even more urgent
    The Minister for Small Business says new data from Xero highlights the urgency of prompt payment practices to small and medium enterprises as we move into economic recovery. Last month Government ministers wrote to significant private enterprises and the banking industry to request they join efforts by government agencies to ...
    BeehiveBy beehive.govt.nz
    14 hours ago
  • Free period products in schools to combat poverty
    Young people in Waikato will be the first to have free access to period products in schools in another step to support children and young people in poverty,” Prime Minister Jacinda Ardern said.  During term 3, the Ministry of Education will begin providing free period products to schools following the ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Response to charges in New Plymouth
    The Minister of Police Stuart Nash has issued the following statement in response to charges filed against three Police officers this morning in the New Plymouth District Court. “Any incident involving a loss of life in Police custody is taken very seriously. The charges today reflect the gravity of the ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Govt boosts innovation, R&D for economic rebuild
    $196 million for Crown Research Institutes $150 million for R&D loan scheme $33 million for Māori research and development opportunities $12 million for the Nationally Significant Collections and Databases $10 million to help maintain in-house capability at Callaghan Innovation New Zealand’s entrepreneurs, innovators and crown researchers will benefit from a ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Temporary changes to NCEA and University Entrance this year
    Further temporary changes to NCEA and University Entrance (UE) will support senior secondary school students whose teaching and learning have been disrupted by COVID-19. “The wellbeing of students and teachers is a priority. As we are all aware, COVID-19 has created massive disruption to the school system, and the Government ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Extended terms for the directors of the Racing Industry Transition Agency
    Minister for Racing Winston Peters today announced that the terms for the directors of the Racing Industry Transition Agency (RITA) have been extended to 30 June 2021. Due to the COVID-19 crisis the transition period has been extended to ensure that the Racing Industry Bill can complete its progress through ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Healthy Homes Standards statement of compliance deadline extended
    The deadline for landlords to include detailed information in their tenancy agreements about how their property meets the Healthy Homes Standards, so tenants can see the home they are renting is compliant, has been extended from 1 July 2020 to 1 December 2020.  The Healthy Homes Standards became law on 1 July 2019. The Standards are ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Criminal Cases Review Commission board appointments announced
    Justice Minister Andrew Little today announced details of further appointments to the Criminal Cases Review Commission. “I am pleased to announce Paula Rose QSO OStJ as Deputy Chief Commissioner for a term of five years commencing on 15 June 2020,” said Andrew Little. “I am also pleased to announce the ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Release of initial list of supported training to aid COVID-19 recovery
    The Targeted Training and Apprenticeships Fund (TTAF) will pay costs of learners of all ages to undertake vocational education and training The fund will target support for areas of study and training that will give learners better employment prospects as New Zealand recovers from COVID-19 Apprentices working in all industries ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Emission trading reforms another step to meeting climate targets
    The Emissions Trading Scheme (ETS) will finally start to cut New Zealand’s greenhouse gas pollution as it was originally intended to, because of changes announced today by the Minister for Climate Change, James Shaw. The changes include a limit on the total emissions allowed within the ETS, rules to ensure ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Queen’s Birthday Honours highlights Pacific leadership capability in Aotearoa
    Minister for Pacific Peoples Aupito William Sio says the Queen’s Birthday 2020 Honours List provides an abundance of examples that Pacific people’s leadership capability is unquestionable in Aotearoa. “The work and the individuals we acknowledge this year highlights the kind of visionary examples and dedicated community leadership that we need ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Govt backing horticulture to succeed
    The Government is backing a new $27 million project aimed at boosting sustainable horticulture production and New Zealand’s COVID-19 recovery efforts, says Agriculture Minister Damien O’Connor. “Our horticulture sector has long been one of New Zealand’s export star performers, contributing around $6 billion a year to our economy. During and ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Applications open for forestry scholarships
    Applications have opened for 2021 Ngā Karahipi Uru Rākau – Forestry Scholarships, which will support more Māori and women to pursue careers in forestry science, says Forestry Minister Shane Jones. “I’m delighted Te Uru Rākau is offering Ngā Karahipi Uru Rākau – Forestry Scholarships for the third year running. These ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Excellent service to nature recognised
    The Queen’s Birthday 2020 Honours List once again highlights the dedication by many to looking after our native plants and wildlife, including incredible work to restore the populations of critically endangered birds says Minister of Conservation Eugenie Sage. Anne Richardson of Hororata has been made an Officer of the New ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Wetlands and waterways gain from 1BT funding
    The Government will invest $10 million from the One Billion Trees Fund for large-scale planting to provide jobs in communities and improve the environment, Agriculture Minister Damien O’Connor and Forestry Minister Shane Jones have announced. New, more flexible funding criteria for applications will help up to 10 catchment groups plant ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • New fund for women now open
    Organisations that support women are invited to apply to a new $1,000,000 fund as part of the Government’s COVID-19 response. “We know women, and organisations that support women, have been affected by COVID-19. This new money will ensure funding for groups that support women and women’s rights,” said Minister for ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Govt supports King Country farmers to lift freshwater quality
    Healthier waterways are front and centre in a new project involving more than 300 King Country sheep, beef and dairy farmers. The Government is investing $844,000 in King Country River Care, a group that helps farmers to lift freshwater quality and farming practice, Agriculture Minister Damien O’Connor announced today. “Yesterday ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Libraries to help with jobs and community recovery
    A major funding package for libraries will allow them to play a far greater role in supporting their communities and people seeking jobs as part of the economic recovery from COVID-19. “Budget 2020 contains over $60 million of funding to protect library services and to protect jobs,” says Internal Affairs ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Support for arts and music sector recovery
    A jobseekers programme for the creative sector and four new funds have been set up by the Government to help our arts and music industry recover from the blow of COVID-19. Thousands of jobs will be supported through today’s $175 million package in a crucial economic boost to support the ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Legislative changes to support the wellbeing of veterans and their families
    Minister for Veterans Ron Mark has welcomed the First Reading of a Bill that will make legislative changes to further improve the veterans’ support system.  The Veterans’ Support Amendment Bill No 2, which will amend the Veterans’ Support Act 2014, passed First Reading today. The bill addresses a number of ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Christ Church Cathedral – Order in Council
    Views sought on Order in Council to help fast track the reinstatement of the Christ Church Cathedral  The Associate Minister for Greater Christchurch Regeneration, Hon Poto Williams, will be seeking public written comment, following Cabinet approving the drafting of an Order in Council aimed at fast-tracking the reinstatement of the ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • New Zealanders’ human rights better protected in new Bill
    The law setting out New Zealanders’ basic civil and human rights is today one step towards being strengthened following the first reading of a Bill that requires Parliament to take action if a court says a statute undermines those rights. At present, a senior court can issue a ‘declaration of ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Deep concern at Hong Kong national security legislation
    Foreign Affairs Minister Winston Peters today reiterated the deep concern of the New Zealand Government following confirmation by China’s National People’s Congress of national security legislation relating to Hong Kong. “New Zealand shares the international community’s significant and long-standing stake in Hong Kong’s prosperity and stability,” Mr Peters said. “New Zealand ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Government invests in New Zealand’s cultural recovery
    Thousands of artists and creatives at hundreds of cultural and heritage organisations have been given much-needed support to recover from the impact of COVID-19, Prime Minister and Minister for Arts, Culture and Heritage Jacinda Ardern announced today. “The cultural sector was amongst the worst hit by the global pandemic,” Jacinda ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Better protection for New Zealand assets during COVID-19 crisis
    Key New Zealand assets will be better protected from being sold to overseas owners in a way contrary to the national interest, with the passage of the Overseas Investment (Urgent Measures) Bill. The Bill, which passed its third reading in Parliament today, also cuts unnecessary red tape to help attract ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Cleaning up our rivers and lakes
    Setting higher health standards at swimming spots Requiring urban waterways to be cleaned up and new protections for urban streams Putting controls on higher-risk farm practices such as winter grazing and feed lots Setting stricter controls on nitrogen pollution and new bottom lines on other measures of waterway health Ensuring ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Record year for diversity on Govt boards
    The Government is on the verge of reaching its target of state sector boards and committees made up of at least 50 percent women, says Minister for Women Julie Anne Genter and Minister for Ethnic Communities Jenny Salesa. For the first time, the Government stocktake measures the number of Māori, ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • New appointments to the Commerce Commission
    The Commerce and Consumer Affairs Minister and Broadcasting, Communications and Digital Media Minister, Kris Faafoi, has today announced the appointment of Tristan Gilbertson as the new Telecommunications Commissioner and member of the Commerce Commission. “Mr Gilbertson has considerable experience in the telecommunications industry and a strong reputation amongst his peers,” ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Historic pay equity settlement imminent for teacher aides
    The Ministry of Education and NZEI Te Riu Roa have agreed to settle the pay equity claim for teacher aides, Education Minister Chris Hipkins announced today. This will see more than 22,000 teacher aides, mostly women, being valued and paid fairly for the work they do. “Teacher aides are frontline ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Govt delivers security for construction subcontractors
    Subcontractors will have greater certainty, more cashflow support and job security with new changes to retention payments under the Construction Contracts Act says Minister for Building and Construction, Jenny Salesa. A recent review of the retentions money regime showed that most of the building and construction sector is complying with ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • New Zealand and Singapore reaffirm ties
    Prime Minister Jacinda Ardern and Singapore Prime Minister Lee Hsien Loong have marked the first anniversary of the New Zealand-Singapore Enhanced Partnership with a virtual Leaders’ Meeting today. The Enhanced Partnership, signed on 17 May 2019, provides the framework for cooperation across the four main areas of trade, defence and ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • JOINT STATEMENT BY THE PRIME MINISTERS OF NEW ZEALAND AND THE REPUBLIC OF SINGAPORE ON THE FIRST AN...
    On 17 May 2019, New Zealand and Singapore established an Enhanced Partnership to elevate our relations. The Enhanced Partnership – based on the four pillars of trade and economics, security and defence, science, technology and innovation, and people-to-people links – has seen the long-standing relationship between our countries strengthen over the ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government investment supports the acquisition of new Interislander ferries
    State-Owned Enterprises Minister Winston Peters has welcomed KiwiRail’s announcement that it is seeking a preferred shipyard to build two new rail-enabled ferries for the Cook Strait crossing. “This Government is committed to restoring rail to its rightful place in New Zealand. Bigger, better ships, with new technology are yet another ...
    BeehiveBy beehive.govt.nz
    1 week ago