web analytics

Government puts 15% tax on foreign house buyers

Written By: - Date published: 7:11 am, August 4th, 2016 - 32 comments
Categories: housing, national, useless - Tags: , , ,

No, not our government, the provincial government of British Columbia:

Vancouver slaps 15% tax on foreign house buyers in effort to cool market

Foreigners looking to purchase a home in Vancouver now face an additional tax of 15%, as Canadian authorities seek to temper a heated housing market that ranks as one of the world’s least affordable.

The tax, which came into effect on Tuesday, will be levied on all home buyers in metro Vancouver who are not Canadian citizens or permanent residents. The measure will also apply to corporations that are not registered in Canada or which are controlled by foreigners.

Announcing the measure, the provincial government of British Columbia said the tax was intended to help cool the city’s red-hot property market, where demand from foreign investors – many of them from China – has helped push the cost of a detached home to C$1.56m ($1.2m) in June, a 39% jump from a year earlier.

“There is evidence now that suggests that very wealthy foreign buyers have raised the price, the overall price of housing for people in British Columbia,” Christy Clark, the province’s premier, told reporters recently. …

More background here. Hmmmm.

In related news, we just passed another one of those milestones that seem to be coming so rapidly lately:

House values hit $600k across NZ – Auckland nears $1m

New Zealand house values have just exceeded $600,000 for the first time while Auckland values climbed towards $1 million.

New Quotable Value data out at noon today:
• National NZ average home value now $602,434
• Auckland average home value $992,207
• Hamilton values up fastest: 31.5% since last July
• Christchurch values only up 3.5% annually

House prices are still going up, wages are essentially flat, and our government does nothing but tinker at the edges. Next year, are we going to vote for more of the same?

32 comments on “Government puts 15% tax on foreign house buyers ”

  1. Colonial Viper 1

    Zero Hedge reporting Vancouver real estate agents filing thousands of deals in the last days before the tax came into effect.

    And now, a lot of cases of local and foreign buyers walking away from contracts and even deposits, on the expectation prices will fall.

    Court cases over failed contract performance is looming over these lost deals.

    We’ll know in a few weeks if this is the collapse of the Vancouver housing bubble. Triggered, though not caused by, this tax.

    • Ralf Crown 1.1

      In itself nothing new. In the 70s house prices in Vancouver fell drastically, a house for sale for 450,000 could not be sold for 80,000. In Suva, Fiji, houses “worth” 800,000 fell to 100,000 after none of the non-military coups. At the end of these speculation waves there will be a crash, and New Zealand prices of homes need to come down some 75% to be in line with real world values. The last one in the chain letter row pays. Governments should have tackled the problem over 10 years ago, they did not, they profited from it. Change the rules, homes are not to be “investments” for these financial sharks.

    • Nic the NZer 1.2

      I wouldnt read too much into it yet. The news is all fragments and anecdotes via realestate agents so we have little idea what is going on across the market.

      There does seem to be a lot of uncertainty. I am also not clear about the timeline but it seems that China might have used this as an opportunity to crack down on lending (without being seen to have interfered with another countries market).

  2. RedLogix 2

    Expect more of the flood of money to start swilling our way.

    • Draco T Bastard 2.1

      +1

      Probably but I don’t think there will be much pause in Vancouver land sales either.

  3. Sabine 3

    there is also this

    http://www.zerohedge.com/news/2016-06-28/crackdown-begins-chinese-bank-sues-seize-vancouver-real-estate-assets

    According to the Globe and Mail, China CITIC Bank has filed a lawsuit in Canada to try to seize the assets of a Chinese citizen the bank claims took out a $10 million loan in China then fled to Canada.

    In a first of its kind attempt at intercontinental repossession, the bank is looking to seize numerous Vancouver-area homes, valued at at least $7.3-million, along with other assets, according to the lawsuit, which was filed in the Supreme Court of British Columbia in Vancouver on Friday.

    • Colonial Viper 3.1

      Reminds me of the Chinese servo owner here who, with his Kiwi wife, bailed to China after their small business was accidentally advanced a $10M overdraft. That didn’t work for long.

      Prison time.

      • Ralf Crown 3.1.1

        In a way it did actually, they could only retrieve about half of the money. He got three years I think, and will be released after two. About 5 million disappeared. You could say he was paid 2.5 million a year tax free for sitting in a comfortable kiwi prison. I would not mind that myself, with that pay.

    • Ralf Crown 3.2

      You are right there, in China the government has clamped down ruthlessly on speculators who drive up prices of homes, and they are getting tougher. Some speculators flee overseas, because of the soft market and rules. Change the rules New Zealand, start driving down the price so people can afford to live.

  4. save nz 4

    I’m pro a 15% property tax on non NZ citizens or permanent residents and apply to corporations that are not registered in NZ or which are controlled by foreigners living overseas or not working in NZ.

    • Ralf Crown 4.1

      I am pro a 100% tax on speculation profit from home property that is not your own dwelling.

    • Colonial Viper 5.1

      The problem here is that this tax has been implemented right on the cusp of a bubble collapse – and has probably now pushed the whole shoving match over the cliff.

  5. John shears 6

    From the article:-
    “Announcing the measure, the provincial government of British Columbia said the tax was intended to help cool the city’s red-hot property market, where demand from foreign investors – many of them from China – has helped push the cost of a detached home to C$1.56m ($1.2m) in June, a 39% jump from a year earlier.”

    So the Canadians think that Chinese buyers are part of the problem in Vancouver?
    But…. But… when Phil Twyford suggested that was a possible reason for the
    Auckland (and now NZ) heating of our market he was ridiculed by John Key & his supporters and called a racist in as many words.

    I also note that ALL foreign buyers are subject to the tax ,no exceptions for trusts and businesses etc.

    • Colonial Viper 6.1

      it was a racist move by the notably asian-free NZ Labour caucus, approved from the top (Andrew Little and Grant Robertson), and fronted by Twyford.

      And with their ham fisted handling, I’m glad that Labour sunk in the polls immediately thereafter despite Kiwis generally agreeing with the concept that foreign big money buyers are a real problem in the Auckland property market.

      Get that – the public agreed with the general idea but disapproved in polling of how Labour handled the issue.

      Chinese-sounding last names. What a stupid bloody Winston-aping approach.

      Many other ways it could have been done far better, and even get local Asians on side. (Too bad the Labour caucus didn’t have one to front the PR campaign with. Better than have a middle aged white guy keep talking about Chinese sounding last names).

      • Draco T Bastard 6.1.1

        it was a racist move by the notably asian-free NZ Labour caucus

        No it wasn’t as has been explained to you before.

        Chinese-sounding last names. What a stupid bloody Winston-aping approach.

        You work with the data that you’ve got. You can’t work with what you wish you had.

        • Colonial Viper 6.1.1.1

          Yes, let’s have more white people lining up to explain what is racism and what isn’t. Go on.

      • Ad 6.1.2

        +100

      • Ralf Crown 6.1.3

        This has nothing to do with “race”, and remember, even if “Chinese” all look the same to traditional kiwis and have the same passport, they are in fact many different ethnicities. It has everything to do with that China is clamping down very hard on speculation in homes that drive up the prices and New Zealand is encouraging it.

      • North 6.1.4

        That’s your fascination CV…….and bewilderment. Identifying anyone in connection with anything as racist. When really all you’re doing is giving your obssessive bitterness about the Labour Party yet another run. Much as you do about Hilary Clinton. In the process cheerleading for Trump. Talk about taking your eye off the ball.

  6. Pat 7

    “On the other hand, considering the latest data just released from the Real Estate Board of Vancouver, according to which home prices rose 32.6% in July from a year ago, with the average selling price of a single-family detached home in the Greater Vancouver Area rising 38.0% to C$1,578,300, even as the actual number of sales collapsed by 18.9% y/y in July, we have a feeling the local population will be far more excited by the option of finally being able to buy a house at an affordable price, than the consequences of having to nurse what will shortly be a burst housing bubble for the ages.”

    A statement the Labour party may wish to consider…….

    • Nic the NZer 7.1

      A massive supply contraction (anecdotally a 75% drop of for sale houses across a few weeks)? Isnt that supposed to cause a price increase?

      • Pat 7.1.1

        still struggling with that english comprehension Nic… “according to which home prices rose 32.6% in July from a year ago,”….”even as the actual number of sales collapsed by 18.9% y/y in July,”

        a one off 15% tax may not have the desired effect given that it represents less than six months capital gain in the current market but it does signal a willingness on the part of the policy makers to take action to reduce demand and the possibility further measures may be taken.

        as to anecdotes ….

        “[It] seems a bit high to blame on a tax that is only targeting a specific sector of the market,” says Tsur Somerville, the director of the UBC Centre for Urban Economics and Real Estate.

        But Somerville says it is expected that the tax would cause some uncertainty in the market.

        “People who are thinking of buying or thinking there is going to be a drop in prices in response to the tax are waiting to see how that plays out, but I don’t think I would judge a policy entirely on one week’s worth of data.”

        Somerville says he would look at the data for three months before the tax was announced and three months after the tax to see the true effects.’

        like Somerville I think it prudent to wait and see.

        • Nic the NZer 7.1.1.1

          My comprehension is just fine apparantly from your reply.

          Mr Sommerville describes a supply contraction in your highlighted comment,
          “People who are thinking of buying or thinking there is going to be a drop in prices in response to the tax are waiting to see how that plays out”
          This is also described in other places (but its all anecdotal evidence).

          But you have a pet theory saying that price is driven by supply and demand, doesn’t this cause an outcome of a price increase on your theory?

          Apparently not a theory shared by the participants though who are uncertain about the new price level of the market and withdrawing. The question from that being if price actually influences the supply (and demand) what is driving the price then.

          Btw no sales are obviously not a measure of supply or demand themselves.

  7. Draco T Bastard 8

    Vancouver slaps 15% tax on foreign house buyers in effort to cool market

    Yeah, attempt. It won’t work. The only thing that will work and allow a country to start working for their own people again is a complete ban on offshore ownership. Anything less simply isn’t good enough.

    • Garibaldi 8.1

      I agree Draco but I would like to see far stronger controls on local investors as well. Every house they buy is stopping someone worthy. We have to make real estate a neutral investment and thus funnel investment into better things for the future.

  8. fisiani 9

    http://www.radionz.co.nz/news/national/310075/$800k-homes-behind-the-headlines

    So Labour again trying to trick us that houses will cost $800,000 shown to be nonsense. Typical.

    • BM 9.1

      You just can’t trust a word they say.

    • McFlock 9.2

      So property developers out of the kindness of their hearts will not seek to maximise their profits?

      Doesn’t that run counter to your tory belief system – aren’t you supposed to argue that maximising profits will solve everyone’s problems?

    • mikes 9.3

      800k is only 80% of the current average price, I can’t imagine for one second that developers would choose any option other than that which maximizes profit, which is after all, why they are in business.

Recent Comments

Recent Posts

  • 55-hectares of Buller land purchased to protect native species
    Two blocks of Buller land rich in native species have been purchased by the Crown to be protected in perpetuity as public conservation land, Minister of Conservation Poto Williams announced today. Acquired via the Nature Heritage Fund, one block is in the Punakaiki River valley adjoining the Paparoa National Park ...
    BeehiveBy beehive.govt.nz
    3 hours ago
  • Strengthening the relationship with India
    The Foreign Minister says an historic visit to Aotearoa New Zealand by the Indian Foreign Minister provides an opportunity to strengthen the relationship in areas like people to people exchanges and climate action. Nanaia Mahuta today welcomed Minister of External Affairs Dr. Subrahmanyam Jaishankar with a mihi whakatau ceremony and ...
    BeehiveBy beehive.govt.nz
    4 hours ago
  • Prime Minister’s Christmas Card Competition
    It’s that time of year again! If you’d like to help design the Prime Minister’s official Christmas card, here’s how to take part: Draw, paint, sketch or craft an image you’d like to see on the front of this year’s Christmas card. It can be anything you want – ...
    BeehiveBy beehive.govt.nz
    5 hours ago
  • Construction starts on Taranaki’s largest ever roading project
    Associate Minister of Transport Kieran McAnulty was joined this morning by Ngāti Tama, local councillors and board members, project representatives, and community to mark the official start of construction on Taranaki’s largest ever roading project, Te Ara o Te Ata: Mt Messenger Bypass. “The work started today will make sure ...
    BeehiveBy beehive.govt.nz
    6 hours ago
  • Hundreds to benefit from additional maternal health support
    The Government’s Budget 2022 investment of $10.1 million over four years in maternal mental health will result in better and more widely available care for new and expectant mothers around the country. The funding will be invested to fill gaps in care identified by last year’s maternal mental health stocktake ...
    BeehiveBy beehive.govt.nz
    6 hours ago
  • Planting forests that are good for nature, climate, and the economy
    Public consultation opens on how forests are managed through the National Environmental Standards for Plantation Forestry (NES-PF), including: Giving local councils more control over where forests are planted   Managing the effects of exotic carbon forestry on nature Improving wildfire management in all forests. Addressing the key findings of the ...
    BeehiveBy beehive.govt.nz
    10 hours ago
  • Trade Minister heads to CPTPP Commission Meeting
    Minister for Trade and Export Growth, Damien O’Connor will travel to Singapore this week for the Sixth Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) Commission Meeting. “Continuing to build on our export growth is a key part of the Government’s economic plan. Our two way trade with the CPTPP bloc accounts ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Strong Government books leave New Zealand well placed amid global challenges
      Deficit half of forecast at $9.7 billion; Deficits as a percentage of GDP running better than during GFC Net debt at 17.2 percent of GDP lower than Australia, UK, US and Canada. Core expenses $2.8 billion lower than forecast. Increased expenditure during year due to COVID-related expenses through unprecedented ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Ministers outline next phase of Milford Opportunities Project
    The Milford Opportunities Project is entering its next phase following a productive visit to Piopiotahi to hear directly from tourism operators, iwi and the unit undertaking feasibility planning, says Conservation Minister Poto Williams. In June 2021 Cabinet approved $15 million to fund the next stage of the Milford Opportunities Project, ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Digital tools to make family violence support widely available
    Associate Minister for Social Development and Employment Priyanca Radhakrishnan has officially launched a suite of new digital tools to support people affected by family violence. “Family violence is a scourge on our society and violent behaviour of any kind is absolutely unacceptable. We are taking the important steps to modernise ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Plan for big boost in GP training numbers
    More support is being given to New Zealand medical graduates training to be GPs, as the Government continues its push to get more doctors into communities. “Growing the number of GPs is vital so we can fill today’s gaps and make sure we’ve got the doctors we need in the ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • 142,000 Kiwis helped by Healthy Homes Initiative
    Hospitalisations reduced by 19.8 percent School attendance increased by 3 percent Employment increased by 4 percent 100,000 interventions delivered, including insulation, heaters, curtains and repairs Nationwide rollout expected to be complete by the end of the year More than 31,000 children, pregnant people and 111,000 of their family members are ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Minister of Defence departs for Middle East
    Minister of Defence Peeni Henare has today departed for the Middle East where he will visit New Zealand Defence Force (NZDF) personnel deployed within the region, including in Operation Gallant Phoenix in Jordan and the Multinational Force and Observers mission on the Sinai Peninsula, Egypt. The Minister will also undertake ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Government funds work to clean up six contaminated sites
    The Government has announced funding to clean up six contaminated sites to reduce the risk to public health and protect the environment.    “These six projects will help protect the public from health risks associated with hazardous materials, so New Zealanders can live in a cleaner, safer environment.” Environment Minister David Parker ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Government partners with industry to reduce agricultural emissions
    New Zealand’s effort to reduce agricultural emissions has taken a step forward with the signing of a memorandum of understanding by Government with agribusiness leaders, in a joint venture as part of the new Centre for Climate Action on Agricultural Emissions, Agriculture Minister Damien O’Connor announced. The Ministry for Primary Industries signed ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Vosa Vakaviti sustains generations of Fijians
    The enduring strength and sustainability of Vosa Vakaviti is being celebrated by the Fijian community in Aotearoa New Zealand during Macawa ni Vosa Vakaviti – Fijian Language Week, which gets underway today. “This year’s theme, ‘Me vakabulabulataki, vakamareqeti, ka vakaqaqacotaki na vosa Vakaviti’, which translates as ‘Nurture, Preserve and Sustain ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • New Zealand condemns Russia’s annexation attempts
    New Zealand condemns unequivocally Russia’s attempts to illegally annex Russia-occupied regions of Ukraine, Prime Minister Jacinda Ardern says. “We do not recognise these illegal attempts to change Ukraine’s borders or territorial sovereignty,” Jacinda Ardern said. “Russia’s sham referenda in Luhansk, Donetsk, Kherson and Zaporizhzhia are illegitimate, and have no legal ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Government provides confidence to those seeking an adventure
    With our borders opened and tourists returning, those seeking out adventurous activities can do so more safely due to the steps we’ve taken to improve the health and safety regulatory regime for adventure activities, Workplace Relations and Safety Minister Michael Wood has announced.  “We are seeing international visitor numbers begin ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • New hospital opens for Wellington children
    A new children’s hospital that officially opened in Wellington this morning offers the region’s children top-quality health care in one place, Health Minister Andrew Little says. Te Wao Nui has been built with a $53 million contribution from benefactors Mark Dunajtschik and Dorothy Spotswood, with the Government contributing another $53 ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • More single-use plastics banned from tomorrow
    Single-use plastic cotton buds, drink stirrers and most plastic meat trays are among single use plastics banned from sale or manufacture from tomorrow. “This is the first group of the most problematic plastic products to be banned in a progressive phase out over the next three years,” Environment Minister David ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Speech to NZDF Command and Staff College
    It’s a pleasure to join you today – and I extend a particular welcome to Marty Donoghue (a member of the Public Advisory Committee on Disarmament and Arms Control) and Athena Li-Watts (interning with me this week) who are also joining me today. On the face of it, some ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Milestone of half a million mental health sessions delivered
    The Government’s flagship primary mental health and addiction programme Access and Choice has hit the milestone of delivering more than 500,000 sessions to New Zealanders needing mental health support. Health Minister Andrew Little made the announcement at ADL – Thrive Pae Ora in Cromwell which provides mental wellbeing support services ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Government continues to future-proof arts, culture and heritage sector
    The Government has announced further support for the recovery and resilience of the arts, culture and heritage sector as part of its COVID Recovery Programme’s Innovation Fund. “We’re continuing to secure the recovery of our arts, culture and heritage in Aotearoa New Zealand by supporting transformational initiatives across the motu,” ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Government steps up kauri protection
    The Government is delivering on an election commitment to protect kauri in our northern forests through the new National Pest Management Plan (NPMP) for the forest giant and the allocation of $32 million of funding to back the coordinated effort, Biosecurity Minister Damien O'Connor and Associate Environment Minister (Biodiversity) ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Russia’s Ukraine referenda a sham
    Aotearoa New Zealand does not recognise the results of the sham referenda in Russia-occupied regions of Ukraine, Foreign Minister Nanaia Mahuta says.  “These so-called referenda were not free or fair, and they very clearly were not held in accordance with democratic principles,” Nanaia Mahuta said. “Instead, they were hastily organised ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Govt invests in New Zealand’s wine future
    Prime Minister Jacinda Ardern has officially opened New Zealand Wine Centre–Te Pokapū Wāina o Aotearoa in Blenheim today, saying that investments like these give us cause for optimism for the future. Funding of $3.79 million for the Marlborough Research Centre to build a national wine centre was announced in 2020, ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Appointment of Judges of the Court Martial Appeal Court
    Attorney-General David Parker today announced the appointment of Colonel Craig Ruane, Commander Robyn Loversidge, and James Wilding KC as Judges of the Court Martial Appeal Court. The Court Martial Appeal Court is a senior court of record established under the Court Martial Appeals Act 1953. It is summoned by the ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government strengthens measures to combat migrant worker exploitation
    Offence and penalty regime significantly strengthened New infringement offences for non-compliance Public register of individuals and businesses that are found guilty of migrant exploitation New community-led pilot to educate migrants workers and employers of employment rights Implemented reporting tools successfully brings exploitation out of the shadows Take-up of protective visa ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Livestock exports by sea to cease
    The passing of a Bill today to end the export of livestock by sea will protect New Zealand’s reputation for world-leading animal welfare standards, Minister of Agriculture Damien O’Connor said. “The Animal Welfare Amendment Bill future-proofs our economic security amid increasing consumer scrutiny across the board on production practices," Damien ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Extra measures to increase census turnout in 2023
    3500 census workers on the ground, twice as many as last census More forms to be delivered – 44% compared to 3% in 2018 Prioritisation of Māori and other groups and regions with lower response rates in 2018 Major work to ensure the delivery of a successful census in 2023 ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Shining the light on screen workers
    Improved working conditions for workers in the screen industry is now a reality with the Screen Industry Workers Bill passing its third reading today, announced Workplace Relations and Safety Minister Michael Wood. “It’s fantastic to see the Screen Industry Workers Bill progress through Parliament. The new Act will strengthen protections ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Mental health resources for young people and schools launched
    Associate Minister of Education (School Operations) Jan Tinetti and Associate Minister of Education (Māori Education) Kelvin Davis have today launched two new resources to support wellbeing, and the teaching and learning of mental health education in schools and kura. “Students who are happy and healthy learn better. These resources ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Progress continues on future-proofing Auckland’s transport infrastructure
    Transport Minister Michael Wood has welcomed the latest progress on Auckland’s two most transformational transport projects in a generation – Auckland Light Rail and the Additional Waitematā Harbour Connections. Auckland Light Rail and Waka Kotahi NZ Transport Agency have named preferred bidders to move each project to their next phase, ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government supports local innovation in homelessness prevention
    Ten successful applicants in round two of the Local Innovation and Partnership Fund (LIPF) Close to $6 million allocated as part of the Homelessness Action Plan (HAP) Māori, Pasefika and rangatahi a strong focus Round three opening later this year with up to $6.8 million available. Government is stepping up ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • More medicines for New Zealanders, thanks to Govt’s Budget boost
    Health Minister Andrew Little is welcoming news that two more important medicines are set to be funded, thanks to the Government’s big boost to the country’s medicines budget. “Since coming into Government in 2017, the Labour Government has increased Pharmac’s funding by 43 per cent, including a $71 million boost ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government delivers ACC change to support 28,000 parents
    The Maternal Birth Injury and Other Matters Bill passes Third Reading – the first amendment to ACC legislation of its kind From 1 October 2022, new ACC cover to benefit approximately 28,000 birthing parents Additional maternal birth injuries added alongside new review provision to ensure cover remains comprehensive Greater clarity ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Further cuts for East Coast tarakihi limits to rebuild numbers faster
    Commercial catch limits for East Coast tarakihi will be reduced further to help the stock rebuild faster. “Tarakihi is a popular fish, and this has led to declining levels over time. Many adjustments have been made and the stock is recovering. I have decided on further commercial catch reductions of ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • New Ambassador to Colombia announced
    Foreign Minister Nanaia Mahuta today announced the appointment of diplomat Nicci Stilwell as the next Ambassador to Colombia. “Aotearoa New Zealand’s relationship with Colombia is fast growing with strong links across education, climate change and indigenous co-operation,” Nanaia Mahuta said.  “Trade is a key part of our relationship with Colombia, ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • 3000 more RSE workers to ease workforce pressures
    The Government continues to respond to global workforce shortages by announcing the largest increase in over a decade to the Recognised Seasonal Employer Scheme (RSE), providing 3000 additional places, Immigration Minister Michael Wood and Agriculture Minister Damien O’Connor have announced. The new RSE cap will allow access to 19,000 workers ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Sanctions on more of the Russian political elite
    Further sanctions are being imposed on members of President Putin’s inner circle and other representatives of the Russian political elite, as part of the Governments ongoing response to the war in Ukraine, says Foreign Minister Nanaia Mahuta. “Ukraine has been clear that the most important action we can take to ...
    BeehiveBy beehive.govt.nz
    1 week ago