Greens: Falling milk prices highlight danger of National’s economic strategy

Written By: - Date published: 7:11 pm, August 6th, 2014 - 39 comments
Categories: China, Economy, election 2014, exports, farming, greens, International, national, same old national - Tags:

This press release from the Greens pretty well sums up the situation that National have left the economy in. Once you remove the rebuild effects from the Christchurch earthquakes, our increasingly undiversified economy is looking in pretty poor shape for the decade ahead.


 

Falling dairy prices are highlighting the danger of National’s economic strategy that focuses on the export of a few, simple commodities, the Green Party said today.

Dairy prices are down 8.4 percent this week – a 41 percent fall from their highs in February. Whole milk prices are down 11.5 percent largely due to weaker demand from China.

“National’s economic strategy has simplified our economy and concentrated our exports on a few, low-value-added commodities,” said Green Party Co-leader Dr Russel Norman.

“National has bet the farm on the farm and it isn’t working. A growing reliance on one or two commodity exports has made our economy more vulnerable to commodity price swings.

“Producing increasing amounts of milk powder also has huge, downstream environmental impacts. We need to build a smart green economy with much lower carbon emissions and water pollution.

“A smarter way forward is to invest in innovation and policies that support our manufacturing and ICT export sectors.

“National is not building a strong, resilient export sector.”

Last month the Green Party launched their economic plan to build a smarter, more innovative economy which has, as its centrepiece, an additional $1 billion of government investment in research and development (R&D), including tax breaks for business.

“Innovation lies at the heart of a smart, green economy. Economies that innovate do better over the long term, creating good jobs that pay well while protecting the environment,” said Dr Norman.

“Our economy is on the wrong track. We invest half what most other developed countries do on research and development.

“Innovation is a key driver of prosperity in advanced economies, yet this current Government has relied on an economic strategy of simply doing more: producing more milk solids, mining more minerals, securing more free trade deals, and working longer hours.

“We want businesses to get on with innovating and exporting high value products that command high prices and support high wages. Our R&D tax credit is the simplest and quickest way to spur innovation activity.

“Voters have a choice this election: National’s simplified economy that creates few jobs and remains vulnerable to commodity price cycles; or a smarter, greener economy where innovation flourishes and manufacturers develop high value exports,” said Dr Norman.

Green Party election priority paper on innovation

The value of manufactured exports as a percentage of total export has continued to decline under National. Source: Statistics New Zealand

The value of manufactured exports as a percentage of total export has continued to decline under National. Source: Statistics New Zealand


 

See also:

 

39 comments on “Greens: Falling milk prices highlight danger of National’s economic strategy ”

  1. Ad 1

    Pretty stunning that the dollar fell 2 cents in 2 days despite strong interest rates and lowest unemployment figures in 5 years.
    The global analysts read NZ as now solely a dairy play.

    Finally the economic leadership vacuum reveals itself, and not a moment too soon.

    Also Fonterra’s CEO still sure it’s salvation is in bulk low value goods leaving us all so vulnerable to this great binge purge cycle. Change course now or resign Mr Spiering.

  2. tricledrown 2

    Milk prices won’t recover any time soon unless their is a drought in many of the countries expanding milk production .
    their are many countries expanding and their land and labour are half the price of our costs most are closer to market as well. Then if we have a drought as well or interest rates go up because we are at higher risk of defaulting on the $50 billion in Dairy debt.

    • Murray Olsen 2.1

      Our labour is pretty cheap these days, but our land is ridiculously expensive, and we are a long way from the markets. The price of land won’t go down in a hurry, so the Tory answer will be to push farm and processing wages down and to some extent use domestic sales to subsidise exports. It’s just not right that I can buy Mainland cheese cheaper in Brisbane than in Auckland, and cheaper still in Germany.

  3. Jono 3

    It goes beyond dairy; the price of logs has fallen by something like 40% in the last three months and harvest due to start this spring are off until the the following summer at the earliest. This according to an experienced harvest planner / client of mine I was talking to, today

    • Draco T Bastard 3.1

      Well, at least with trees the longer we leave them in the ground the better the wood is.

  4. dave 4

    goldman sachs predicts a 5 year world wide glut of milk jesse Colombo article on new Zealand is coming true
    http://www.forbes.com/sites/jessecolombo/2014/04/17/12-reasons-why-new-zealands-economic-bubble-will-end-in-disaster/

    • Paul 4.1

      And once milk prices crash, farmers get into debt and have to sell their farms at rock bottom prices to the rich foreign corporates, just as these companies planned, when they stockpiled the milk.

      We are heading towards feudal status thanks to the Judases who have sold and stole this country for 30 pieces of silver for the past 30 years. We’ve sold our banks, our forests, our industry… Our farmland is about all we’ve got left.

      Read this and weep.
      http://www.scoop.co.nz/stories/PO1401/S00011/who-owns-nz-foreign-control-key-facts-updated.htm

      Douglas, Richardson, Prebble, Fay, Key….previous generations would have tried you for treason.
      Now it seems you get knighted for being a traitor.

    • Bob 4.2

      Interesting, this article completely debunks what the Greens state in the above press release, Jesse Colombo “Though New Zealand is commonly thought to be an agriculture-based economy, this couldn’t be further from the truth. Agriculture accounts for only 5.1 percent of New Zealand’s GDP”

  5. Draco T Bastard 5

    We invest half what most other developed countries do on research and development.

    And because we’re such a small country we actually need to double the amount or more.

    Our R&D tax credit is the simplest and quickest way to spur innovation activity.

    R&D tax credits almost invariably don’t work (The Entrepreneurial State). What we really need is massive government funding of R&D over decades with the government owning the IP that results.

    • tricledrown 5.1

      +many billions stephen Joyce has used his position to bully researchers he has pulled funding then reinstated as well as completely wiped out areas we were leading the world in!
      Most of that Knowledge that us taxpayers have paid for over many decades institutional knowledge that can’t be replaced ie Wool Research and invermays world leading genetics research!
      Any research that doesn’t have immediate export potential has been denied access to funding.
      More short term thinking from business minds who can only see quarterly to annual returns blinkered bigots!
      Research needs time good things take time!

  6. disturbed 6

    Gees Jono is that right? – Thanks for that.

    This economy is like walking on eggshells and we saw how this Government has deliberately and systematically pulled the rug out of all our icon industries that kept us as a stable economy for many tears.

    Start with,
    Postie plus,
    Fisher @ Paykel.
    Canterbury woollen Mills.
    hillside workshops.

    Just off the top of my head while they prop up;
    Warner Bros,
    Tiwai Point aluminium smelter.
    AMI Australian insurance. and a host of others.
    Australian owned NovaPay.
    Are we actually being put down by our own Government here?
    Looks awfully like it doesn’t it.

    No wonder we are heading for the ditch.
    Time to vote them out folks.

  7. Saarbo 7

    Good post, it make you wonder why so many business people support a party so devoid of ideas! What National did get right was “timing”….which makes them lucky. Competence is non existant.

    • Paul 7.1

      They support National because they rely on TVNZ and TV3 for the news.
      It’s an effective filter to prevent the truth reaching them.

      • Saarbo 7.1.1

        Yes, so easy to win the Gower’s and garner’s of the world…send them a bottle of wine and a the odd e-mail from Key. Cheap and easy to please. I think you are spot on the mark there paul.

    • Chooky 7.2

      +100 Good Post …and yes it makes “you wonder why so many business people support a party so devoid of ideas!”

      ‘Turns out our Rockstar Economy is lactose intolerant’

      By Martyn Bradbury / August 7, 2014

      “Unemployment is down marginally because of the rebuild – is John Key saying the only force to make him intervene into the market is a natural disaster or act of God? Waiting around for the next natural disaster is not an economic plan….

  8. Brendon Harre 8

    The Canterbury earthquake insurance has reached ‘peak’ pay out of $11million a day and will gradually decline over the next few years. Economic stimulation from this therefore has peaked.

    http://www.interest.co.nz/news/71304/private-insurers-reach-halfway-mark-fully-settling-11392-over-cap-dwelling-claims-includi

    The wheels on the ‘rock star economy bus’ are falling off. To add to the peaking insurance wheel.

    Dairy prices down.

    Interest rates up as the Reserve Bank tries to stop the housing bubble.

    High exchange that will not fall enough to compensate for falling dairy prices due to high interest rates attracting foreign exchange.

    Poor ‘pork like’ public investment in areas such as transport, research and the Canterbury rebuild means NZ does not have the safety of falling back on a diversified productive economy.

  9. tricledrown 9

    Nationals new economic strategy is praying for a drought to hit a lot of other agricultural producing countries.
    and praying for no drought in NEW Zealand

  10. Colonial Viper 10

    It’s nice to blame National, but NZ has been losing manufacturing exporters at a rapid clip for 30 years now. Our entire political and business leadership class has, on a collective basis and over a generation or two, led us into this dead end.

    • dave 10.1

      no we can blame national
      holioak govt in 1960s sat on there hands though sheep and wool trade would never end it did.

      muldoon wreaked our Govt. saving scheme and bankrupted the country.

      Max Bradford screwed up the power system

      national caused leaky building disaster (morris Williamson)

      and John key piled us into debt again

      and every time labour has to clean up there mess

      national there supporters cronies doners and the elites are to blame and they should meet the gallows

  11. Wayne 11

    This is a classic case of selective use of statistics.

    The main graph has manufactures (presumably excluding milk powder etc) declining as a percentage of exports.

    Of course dairy exports have had a 50% increase in price over the three years (prior to the latest decline). So if the largest export category has a dramatic price increase in a short space of time, it is inevitable that its share of total exports will increase. And that would still be the case if for instance manufactures (excluding diary) had increased by say 10%.

    Of course a 40% reduction in diary prices, as has occurred in the last 8 months, will reverse the trend. General manufactures will increase their share of exports.

    It would be more relevant to consider whether general manufactures have increased. They have certainly had an uplift since the depths of the GFC in 2009 and 2010.

    And there is no doubt that more money could be put into Callaghan Innovation to boost R&D spend by the most innovative manufacturing firms, such as Fisher and Paykel Healthcare, and the high tech service firms, such as Weta Digital.

    The current spend by Callaghan is around $150 million per anum. For instance current policy has firms receiving a grant that is 20% of the firms R&D spend, up to a maximum of $5 million per anum. That 20% could easily be lifted to 30%. It would require an extra $50 million per year to be allocated to the business innovation budget.

    Similarly a larger range of firms could be eligible. At present the Growth Grant covers the top 100 or so most innovative firms. Doubling the number of qualifying firms would not require twice the money since the largest firms are already covered.

    Overall the business leaning R&D budget could go up to say $300 million, up from the current $150 million per anum.

    • Paul 11.1

      So all is well on Planet Key nothing to see here, move on….

    • Draco T Bastard 11.2

      Of course dairy exports have had a 50% increase in price over the three years (prior to the latest decline). So if the largest export category has a dramatic price increase in a short space of time, it is inevitable that its share of total exports will increase. And that would still be the case if for instance manufactures (excluding diary) had increased by say 10%.

      Of course a 40% reduction in diary prices, as has occurred in the last 8 months, will reverse the trend. General manufactures will increase their share of exports.

      What you’re saying there, Wayne, is that counting things by money is delusional.

      And there is no doubt that more money could be put into Callaghan Innovation to boost R&D spend by the most innovative manufacturing firms, such as Fisher and Paykel Healthcare, and the high tech service firms, such as Weta Digital.

      Why rely on only a few preferred firms? Innovation can come from anywhere. We just need to find it and support it which our present reliance upon preferred firms in the private sector is failing to do.

      Similarly a larger range of firms could be eligible.

      We need to make it so that everyone is eligible.

      Overall the business leaning R&D budget could go up to say $300 million, up from the current $150 million per anum.

      As I say up thread, as we’re such a small country our R&D needs to be much bigger. My preference is for around 20% to 25% of our economy to be given over to R&D. Considering that today’s technology can get rid of around 50%+ of jobs that’s easily achievable.

  12. Ad 12

    I think the tenor of the Greens’ release could have been improved if they had policy ideas for how to decrease the commodity-cycle vulnerability of dairying within the farming and dairying community. Generally dairy farmers are not dumb, are hard-working, and are motivated to innovate – precisely because they have made the gamble to shift modes, go into debt, and rebuild their entire business often with multiple shareholders.

    I believe the stronger target should be the New Zealand domiciled dairy companies.

  13. Tracey 13

    Mr Key takes money from a guy convicted for attacking his partner and her mother and for breaching RMA and Building Consent regulations. His lawyer Paul Dale says it’s cos he doesn’t speak English. Perhaps before becoming a citizen he ought to have learned? Does this mean the buildings he promised to build and the hotel he opened are going to collapse and not pay minimum wage and all that stuff cos he can’t speak English?

  14. Tracey 14

    Wayne

    Your opening sentence ought to have come with a major irony alert

    reply feature is not showing for me

  15. philj 15

    xox
    Let’s not forget the other National governments strategy for growth. Migration. This boosts the economy temporally and umbalances it simultaneously. EQ rebuild building boost, employment growth for Philippino workers ( any Chinese labourers yet?)
    Not to mention the fracking economy!

  16. Mike 16

    The only saving grace in all of these commodity prices dropping is imagine the mess we would be in if the Labour/Green coalition were running the country. Labour would be social engineering everything, handouts to everyone (from where?) and the Greens would be banning everything and saying no to all progress!
    National have done a fantastic job especially given the GFC in 2008.Obviously it would be nicer if commodity prices were staying strong but at least we have a Government exercising fiscal responsibility.

  17. john 17

    The stupidity of the Greens claim, is that as dairy prices plummet, the manufactured goods as a % of exports will dramatically increase.

    Using their measure, if we have a total disaster, and lose ALL exports except manufacturing, that would be wonderful because manufacturing would be 100% of exports.

    The total business experience of every Green MP, added together, comes to less than some school kids I know.

    • Colonial Viper 17.1

      I think the Greens can look at a dashboard of various economic measures at the same time.

  18. john 18

    The Greens want to put hundreds of millions of taxpayer dollars into the green energy sector – a sector where all our top green energy companies are drowning – many of them are worth less than 10% of what they were just two or three years ago. wind generator makers, eco bulb makers etc.

    Which isn’t a surprise because even the world’s leading companies in this sector have more than halved in capital value recently.

    That’s because the technology is time consuming and expensive to develop, and if you can’t sell a massive amount in a year or two it’s already hopelessly outdated.

    Between them the Greens have no investment experience, virtually no business experience – most have never even had so much as a job in the private sector.

    • Colonial Viper 18.1

      Oh fuck off John, better than BAU, which is leading our world off a cliff.

      • john 18.1.1

        Such intelligent argument, followed up by a doomsday prediction.

        • ropata 18.1.1.1

          yeah, dairy or bust!
          fill all the rivers with shit!
          dam it, mine it, chop it down and sell it!
          more motorways! more raping and pillaging!

          no public transport! no more tourism! no more environment!

          john why do you love turds so much?

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    Politics were going on all around us yesterday, and we barely noticed, rolling along canal paths, eating baguettes. It wasn’t until my mate got to the headlines last night that we learned there had been a dismayingly strong far right result in the EU elections and Macron had called a ...
    More Than A FeildingBy David Slack
    6 days ago
  • Numbers Game.
    Respect Existence, Or Expect Resistance? There may well have been 50,000 pairs of feet “Marching For Nature” down Auckland’s Queen Street on Saturday afternoon, but the figure that impresses the Coalition Government is the 1,450,000 pairs of Auckland feet that were somewhere else.IN THE ERA OF DRONES and Artificial Intelligence, ...
    6 days ago
  • Media Link: AVFA on post-colonial blowback.
    Selwyn Manning and I discuss varieties of post colonial blowback and the implications its has for the rise of the Global South. Counties discussed include Palestine/Israel, France/New Caledonia, England/India, apartheid/post-apartheid South Africa and post-colonial New Zealand. It is a bit … Continue reading ...
    KiwipoliticoBy Pablo
    6 days ago
  • Policy by panic
    Back in March, Ombudsman Peter Boshier resigned when he hit the statutory retirement age of 72, leaving the country in the awkward (and legally questionable) position of having him continue as a temporay appointee. It apparently took the entire political system by surprise - as evinced by Labour's dick move ...
    No Right TurnBy Idiot/Savant
    6 days ago
  • PSA: NZ's Richest Company, Zuru, Sucks
    Hi,Today the New Zealand press is breathlessly reporting that the owners of toy company Zuru are officially New Zealand’s wealthiest people: Mat and Nick Mowbray worth an estimated $20 billion between them.While the New Zealand press loses its shit celebrating this Kiwi success story, this is a Webworm reminder that ...
    David FarrierBy David Farrier
    6 days ago
  • Bernard's Dawn Chorus and pick 'n' mix for Monday, June 10
    TL;DR: The six things to note in Aotearoa-NZ’s political economy around housing, climate and poverty in the past day to 8:36 pm on Monday, June 10 were:20,000 protested against the Fast-track approval bill on Saturday in Auckland, but PM Christopher Luxon says ‘sorry, but not sorry’ about the need for ...
    The KakaBy Bernard Hickey
    6 days ago
  • In Defence of Kāinga Ora
    Given the headlines around the recent findings of the ‘independent’ review of Kāinga Ora by Bill English, you might assume this post will be about social housing, Kāinga Ora’s most prominent role. While that is indeed something that requires defending, I want to talk about the other core purpose of ...
    Greater AucklandBy Connor Sharp
    6 days ago
  • Baby You're A Rich Man
    “How does it feel to beOne of the beautiful peopleNow that you know who you areWhat do you want to beAnd have you traveled very far?Far as the eye can see”Yesterday the ACT party faithful were regaled with craven boasts, sneers, and demands for even more at their annual rally.That ...
    Nick’s KōreroBy Nick Rockel
    6 days ago
  • Stopping a future Labour government from shutting down gas exploration
    A defiant Resources Minister Shane Jones has responded to Saturday’s environmental protests by ending Labour’s offshore oil exploration ban and calling for long-term contracts with any successful explorers. The purpose would be to prevent a future Labour Government from reversing any licence the explorers might hold. Jones sees a precedent ...
    PolitikBy Richard Harman
    6 days ago
  • 2024 SkS Weekly Climate Change & Global Warming News Roundup #23
    A listing of 32 news and opinion articles we found interesting and shared on social media during the past week: Sun, June 2, 2024 thru Sat, June 8, 2024. Story of the week Our Story of the Week is Yale Climate Connection's Resources for debunking common solar and wind myths, by ...
    7 days ago
  • Fission by the river
    This is where we ate our lunch last Wednesday. Never mind your châteaux and castles and whatnot, we like to enjoy a baguette in the shadow of a nuclear power plant; a station that puts out more than twice as much as Manapouri using nothing more than tiny atoms to bring ...
    More Than A FeildingBy David Slack
    1 week ago
  • Fact Brief – Is the ocean acidifying?
    Skeptical Science is partnering with Gigafact to produce fact briefs — bite-sized fact checks of trending claims. This fact brief was written by John Mason in collaboration with members from the Gigafact team. You can submit claims you think need checking via the tipline. Is the ocean acidifying? Acidification of oceans ...
    1 week ago
  • 20,000+ on Queen St.
    The largest protest I ever went on was in the mid 90s. There were 10,000 people there that day, and I’ve never forgotten it. An enormous mass of people, chanting together. Stretching block after block, bringing traffic to a halt.But I can’t say that’s the biggest protest I’ve ever been ...
    Nick’s KōreroBy Nick Rockel
    1 week ago
  • Josh Drummond's Columns
    Hi there,I wanted to put all of Josh Drummond’s Webworm pieces all in one place. I love that he writes for Webworm — and all of these are a good read!David.Why Are So Many “Christians” Hellbent on Being Horrible?Why do so many objectively hideous people declare themselves “Christian”?Meeting the Master ...
    David FarrierBy David Farrier
    1 week ago
  • Bernard’s Saturday soliloquy and weekend Pick ‘n’ Mix for June 8/9
    Photo: Lynn Grieveson / The KākāTL;DR: On reflection, the six things to note in Aotearoa-NZ’s political economy around housing, climate and poverty this week were:The Government-driven freeze in building new classrooms, local roads and water networks in order to save cash for tax cuts is frustrating communities facing massive population ...
    The KakaBy Bernard Hickey
    1 week ago
  • The no-vision thing
    Hello! Here comes the Saturday edition of More Than A Feilding, catching you up on the past somewhat interrupted week. Still on the move!Share Read more ...
    More Than A FeildingBy David Slack
    1 week ago
  • When Journalists are Disingenuous
    Hi,One of the things I like the most about Webworm is to be able to break down the media and journalism a little, and go behind the scenes.This is one of those times.Yesterday an email arrived in my inbox from journalist Jonathan Milne, who is managing editor at Newsroom.I don’t ...
    David FarrierBy David Farrier
    1 week ago
  • Me, elsewhere: Just say you’ll do the thing
    Wrote something over at 1/200 on a familiar theme of mine: The way we frame the economy as a separate, sacred force which must be sacrificed to, the way we talk about criminals as invaders who must be repelled, the constant othering of people on the benefit, people not in ...
    Boots TheoryBy Stephanie Rodgers
    1 week ago
  • A Voyage Among the Vandals: Accepted
    A nice bit of news today: my 4600-word historical fantasy-horror piece, A Voyage Among the Vandals, has been accepted by Phobica Books (https://www.phobicabooks.co.uk/books) for their upcoming Pirate Horror anthology, Shivering Timbers. This one is set in the Mediterranean, during the mid-fifth century AD. Notable for having one of history’s designated ...
    1 week ago
  • Ministerial conflicts of interest
    Since the National government came to power, it has been surrounded by allegations of conflicts of interest. Firstly, there's the fast-track law, which concentrates power in the hands of three Ministers, some of whom have received donations from companies whose projects they will be deciding on. Secondly, there's the close ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • The 2024 Budget Forecasts Are Gloomy Prognosis About The Next Three Years.
    There was no less razzamatazz about the 2024 Budget than about earlier ones. Once again the underlying economic analysis got lost. It deserves more attention.Just to remind you, the Budget Economic and Fiscal Update (BEFU), is the Treasury’s independent assessment and so can be analysed by other competent economists (although ...
    PunditBy Brian Easton
    1 week ago
  • A government that can't see twenty feet ahead
    There are two failings that consistently characterise a National government. One is a lack of imagination, the other is their willingness to look after their mates, no matter what harm it might do to everyone else.This is how we come to have thousands of enormous trucks carving up our roads. ...
    More Than A FeildingBy David Slack
    1 week ago
  • A post I hope is incorrect
    In May, we learned that National MP David MacLeod had "forgotten" to declare $178,000 in electoral donations. Filing a donation return which is false in any material particular is a crime, and the Electoral Commission has now referred MacLeod to police, since they're the only people who are allowed to ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Māori Cannot Re-Write New Zealand’s Constitution By Stealth.
    The Kotahitanga Parliament 1897: A Māori Parliament – at least in the guise of a large and representative body dedicated to describing the shape of New Zealand’s future from a Māori perspective – would be a very good idea.THE DEMAND for a “Māori Parliament” needs to be carefully unpicked. Some Pakeha, ...
    1 week ago
  • Cowpats and Colonials.
    Dumbtown, is how my friend Gerard refers to people like ZB listeners - he’s not wrong.Normally on a Friday I start by looking at Mike Hosking’s moronic reckons of the week which he vomits down the throats of his audience like helpless baby birds in a nest, grateful for the ...
    Nick’s KōreroBy Nick Rockel
    1 week ago
  • Gordon Campbell on cutting the sick leave of vulnerable workers
    Should sick leave be part and parcel of the working conditions from Day One on the job, just like every other health and safety provision? Or should access to sick leave be something that only gradually accumulates, depending on how long a worker has been on the payroll? If enacted ...
    WerewolfBy lyndon
    1 week ago
  • Nobody Move: Ageing Boomers, Laurie & Les, Talk Politics.
    So long as we live in a democracy, economic policy can never be anything other than social-democratic.“HEH!”, snorted Laurie, as he waved his debit card over the EFTPOS machine. “Same price as last week. I guess budgets aren’t what they used to be.”“I wouldn’t know,” replied the young barman, wearily, ...
    1 week ago
  • In Search Of Unity.
    Kotahitanga: New Zealand’s future belongs to those who do not fear a nation carved out of unity and solidarity, and are willing to trust the carvers. Some New Zealanders will be required to step up, and others, perhaps for the first time in their lives, will be expected to step ...
    1 week ago
  • Weekly Roundup 7-June-2024
    Welcome to another Friday roundup! Here are some recent links and stories that caught our eye, perfectly timed for your watercooler discussions and weekend reading. As always feel free to share more in the comments. Our header image this week is by Patrick Reynolds, and shows Te Komititanga from above. ...
    Greater AucklandBy Greater Auckland
    1 week ago
  • The Hoon around the week to June 7
    As Workplace Relations and Safety Minister, ACT’s Brooke van Velden is fronting proposed changes to sick pay regulations and The Holiday Act. Photo: Lynn Grieveson / The KākāTL;DR: The podcast above of the weekly ‘hoon’ webinar for paying subscribers features talking with:The Kākā’s climate correspondent talking about the ...
    The KakaBy Bernard Hickey
    1 week ago
  • Did we boil the oceans by cutting pollution?
    Lowering aerosol emissions from shipping has altered clouds, with potentially drastic effects. Photo: Getty ImagesTL;DR: Here’s the top six news items of note in climate news for Aotearoa-NZ this week, and a discussion above between Bernard Hickey and The Kākā’s climate correspondent Cathrine Dyer:New evidence is increasingly pointing at efforts ...
    The KakaBy Bernard Hickey
    1 week ago
  • Skeptical Science New Research for Week #23 2024
    Open access notables Abrupt reduction in shipping emission as an inadvertent geoengineering termination shock produces substantial radiative warming, Yuan et al., Communications Earth & Environment: Human activities affect the Earth’s climate through modifying the composition of the atmosphere, which then creates radiative forcing that drives climate change. The warming effect ...
    1 week ago
  • Fragments
    The best observation I’ve read this week about the deep, profound harm Trump is doingTrump has hurled threats and smears at witnesses, jurors and the judge (including his family)... [he] has tried to intimidate witnesses and delegitimize the New York courts as corrupt. In continuing to incite his mob (that ...
    More Than A FeildingBy David Slack
    1 week ago
  • March for Nature
    Do do do do do do do doDo do do do do doDi di di di di di di di di di diNature enter me…In 2018 the Labour lead government banned new oil and gas exploration in Aotearoa. A change welcomed by those who care deeply for our environment and ...
    Nick’s KōreroBy Nick Rockel
    1 week ago
  • Bernard’s Dawn Chorus and pick ‘n’ mix for Thursday, June 6
    The Transport Minister is trying to push through urgent legislation that would allow him to change emissions standards for car imports without approval from Parliament, after only consulting car importers. Photo: Lynn GrievesonTL;DR: Just as two major reports showed fossil fuel burning was warming the planet to dangerous levels and ...
    The KakaBy Bernard Hickey
    1 week ago
  • A Better Broadway: Act 2
    This is a guest post by reader Grant A, the second of a pair about how to fix Broadway. If you missed the beginning of the show, here’s the link to Act 1 from yesterday. Yesterday, I discussed changing traffic circulation around Broadway in Newmarket. This included implementing a car-free ...
    Greater AucklandBy Guest Post
    1 week ago

  • High Court Judge appointed
    Attorney-General Judith Collins today announced the appointment of Auckland King’s Counsel Gregory Peter Blanchard as a High Court Judge. Justice Blanchard attended the University of Auckland from 1991 to 1995, graduating with an LLB (Honours) and Bachelor of Arts (English). He was a solicitor with the firm that is now Dentons ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Health workforce numbers rise
    Health Minister Dr Shane Reti says new data released today shows encouraging growth in the health workforce, with a continued increase in the numbers of doctors, nurses and midwives joining Health New Zealand. “Frontline healthcare workers are the beating heart of the healthcare system. Increasing and retaining our health workforce ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Government to overhaul firearms laws
    Associate Justice Minister Nicole McKee has today announced a comprehensive programme to reform New Zealand's outdated and complicated firearms laws. “The Arms Act has been in place for over 40 years. It has been amended several times – in a piecemeal, and sometimes rushed way. This has resulted in outdated ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Government delivers landmark specialist schools investment
    The coalition Government is delivering record levels of targeted investment in specialist schools so children with additional needs can thrive. As part of Budget 24, $89 million has been ringfenced to redevelop specialist facilities and increase satellite classrooms for students with high needs. This includes: $63 million in depreciation funding ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Major health and safety consultation begins
    A substantial consultation on work health and safety will begin today with a roadshow across the regions over the coming months, says Workplace Relations and Safety Minister Brooke van Velden.  This the first step to deliver on the commitment to reforming health and safety law and regulations, set out in ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Growing the potential of New Zealand’s forestry sector in partnership
    Forestry Minister Todd McClay, today announced the start of the Government’s plan to restore certainty and confidence in the forestry and wood processing sector. “This government will drive investment to unlock the industry’s economic potential for growth,” Mr McClay says. “Forestry’s success is critical to rebuilding New Zealand’s economy, boosting ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Government cancels forestry ETS annual service charges for 2023-24
    Annual service charges in the forestry Emissions Trading Scheme (ETS) will be cancelled for 2023/24, Forestry Minister Todd McClay says. “The sector has told me the costs imposed on forestry owners by the previous government were excessive and unreasonable and I agree,” Mr McClay says. “They have said that there ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Speech to the LGNZ Infrastructure Symposium
    Introduction Thank you for having me here today and welcome to Wellington, the home of the Hurricanes, the next Super Rugby champions. Infrastructure – the challenge This government has inherited a series of big challenges in infrastructure. I don’t need to tell an audience as smart as this one that ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Government boosts Agriculture and food trade with China
    Trade and Agriculture Minister Todd McClay and Food Safety Minister Andrew Hoggard welcomed outcomes to boost agricultural and food trade between New Zealand and China. A number of documents were signed today at Government House that will improve the business environment between New Zealand and China, and help reduce barriers, including on infant formula ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • NZ and China launch Services Trade Negotiations
    Trade Minister Todd McClay, and China’s Commerce Minister Wang Wentao, today announced the official launch of Negotiations on Services Trade between the two countries.  “The Government is focused on opening doors for services exporters to grow the New Zealand’s economy,” Mr McClay says.  As part of the 2022 New Zealand-China Free Trade Agreement Upgrade ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Prime Minister Luxon meets with Premier Li
    Prime Minister Christopher Luxon met with Chinese Premier Li Qiang at Government House in Wellington today.  “I was pleased to welcome Premier Li to Wellington for his first official visit, which marks 10 years since New Zealand and China established a Comprehensive Strategic Partnership,” Mr Luxon says. “The Premier and ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Government and business tackling gender pay gap
    The coalition Government is taking action to reduce the gender pay gap in New Zealand through the development of a voluntary calculation tool. “Gender pay gaps have impacted women for decades, which is why we need to continue to drive change in New Zealand,” Acting Minister for Women Louise Upston ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Funding Boost for Rural Support Trusts
    The coalition Government is boosting funding for Rural Support Trusts to provide more help to farmers and growers under pressure, Rural Communities Minister Mark Patterson announced today. “A strong and thriving agricultural sector is crucial to the New Zealand economy and one of the ways to support it is to ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Latest data shows size of public service decreasing
    Spending on contractors and consultants continues to fall and the size of the Public Service workforce has started to decrease after years of growth, according to the latest data released today by the Public Service Commission. Workforce data for the quarter from 31 December 23 to 31 March 24 shows ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Speech to the Law Association
    Thank you to the Law Association for inviting me to speak this morning. As a former president under its previous name — the Auckland District Law Society — I take particular satisfaction in seeing this organisation, and its members, in such good heart. As Attorney-General, I am grateful for these ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • 25 years on, NZ reaffirms enduring friendship with Timor Leste
    New Zealand is committed to working closely with Timor-Leste to support its prosperity and resilience, Foreign Minister Winston Peters says.   “This year is the 25th anniversary of New Zealand sending peacekeepers to Timor-Leste, who contributed to the country’s stabilisation and ultimately its independence,” Mr Peters says.    “A quarter ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Inquiry requested into rural banking
    Promoting robust competition in the banking sector is vital to rebuilding the economy, Finance Minister Nicola Willis says.  “New Zealanders deserve a banking sector that is as competitive as possible. Banking services play an important role in our communities and in the economy. Kiwis rely on access to lending when ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Ministry for Regulation targets red tape to keep farmers and growers competitive
    Regulation Minister David Seymour, Environment Minister Penny Simmonds, and Food Safety Minister Andrew Hoggard have today announced a regulatory sector review on the approval process for new agricultural and horticultural products.    “Red tape stops farmers and growers from getting access to products that have been approved by other OECD countries. ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Government to reverse blanket speed limit reductions
    The Coalition Government will reverse Labour’s blanket speed limit reductions by 1 July 2025 through a new Land Transport Rule released for public consultation today, Transport Minister Simeon Brown says.  The draft speed limit rule will deliver on the National-ACT coalition commitment to reverse the previous government’s blanket speed limit ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Chair appointments for NZSO, CNZ and NZ On Air
    Minister Paul Goldsmith is making major leadership changes within both his Arts and Media portfolios. “I am delighted to announce Carmel Walsh will be officially stepping into the role of Chair of the New Zealand Symphony Orchestra, having been acting Chair since April,” Arts Minister Paul Goldsmith says.  “Carmel is ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Government focus on long-term food, fibre growth
    Food and fibre export revenue is tipped to reach $54.6 billion this year and hit a record $66.6b in 2028 as the Government focuses on getting better access to markets and cutting red tape, Agriculture Minister Todd McClay and Oceans and Fisheries Minister Shane Jones say. “This achievement is testament ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Govt consulting on cutting red tape for exporters
    A new export exemption proposal for food businesses demonstrates the coalition Government’s commitment to reducing regulatory barriers for industry and increasing the value of New Zealand exports, which gets safe New Zealand food to more markets, says Food Safety Minister Andrew Hoggard.  “The coalition Government has listened to the concerns ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • New Zealand and Philippines elevating relationship
    New Zealand and Philippines are continuing to elevate our relationship, Foreign Minister Winston Peters says.   “The leaders of New Zealand and Philippines agreed in April 2024 to lift our relationship to a Comprehensive Partnership by 2026,” Mr Peters says. “Our visit to Manila this week has been an excellent ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Paid Parental Leave increase to help families
    Workplace Relations and Safety Minister, Brooke van Velden says paid parental leave increase from 1 July will put more money in the pockets of Kiwi parents and give them extra support as they take precious time off to bond with their newborns. The increase takes effect from 1 July 2024 ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Defence increases UN Command commitment
    The number of New Zealand Defence Force (NZDF) personnel deployed to the Republic of Korea is increasing, Defence Minister Judith Collins and Foreign Minister Winston Peters announced today.  NZDF will deploy up to 41 additional personnel to the Republic of Korea, increasing the size of its contribution to the United ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • New Zealand to attend 'Summit on Peace in Ukraine' in Switzerland
    New Zealand will be represented at the Summit on Peace in Ukraine by Minister Mark Mitchell in Switzerland later this week.    “New Zealand strongly supports Ukraine’s efforts to build a comprehensive, just, and lasting peace,” Foreign Minister Winston Peters says.   “Minister Mitchell is a senior Cabinet Minister and ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Big step forward for M.bovis programme
    Farmers’ hard work is paying off in the fight against Mycoplasma bovis (M. bovis) with the move to a national pest management plan marking strong progress in the eradication effort, says Biosecurity Minister Andrew Hoggard.  “The plan, approved by the Coalition Government, was proposed by the programme partners DairyNZ, Beef ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Build To Rent opening welcomed by Housing Minister
    Prime Minister Christopher Luxon and Housing Minister Chris Bishop formally opened a new Build to Rent development in Mt Wellington this morning. “The Prime Minister and I were honoured to cut the ribbon of Resido, New Zealand’s largest Build to Rent development to date.  “Build to Rent housing, like the ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Agriculture to come out of the ETS
    The Government will deliver on its election commitment to take agriculture out of the New Zealand Emissions Trading Scheme (NZ ETS) and will establish a new Pastoral Sector Group to constructively tackle biogenic methane, Coalition Government Agriculture and Climate Change Ministers say. Agriculture Minister Todd McClay says New Zealand farmers ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Luxon Tokyo-bound for political and business visit
    Prime Minister Christopher Luxon will travel to Japan from 16-20 June, his first visit as Prime Minister.   “Japan is incredibly important to New Zealand's prosperity. It is the world’s fourth largest economy, and our fourth largest export destination.  “As you know, growing the economy is my number one priority. A strong economy means ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Bayly travels to Singapore for scam prevention meetings
    Minister of Commerce and Consumer Affairs, Andrew Bayly, travels to Singapore today to attend scam and fraud prevention meetings. “Scams are a growing international problem, and we are not immune in New Zealand. Organised criminal networks operate across borders, and we need to work with our Asia-Pacific partners to tackle ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • More help for homeowners impacted by severe weather
    People who were displaced by severe weather events in 2022 and 2023 will be supported by the extension of Temporary Accommodation Assistance through to 30 June 2025. Social Development and Employment Minister Louise Upston says the coalition Government is continuing to help to those who were forced out of their ...
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    1 week ago
  • Government to reverse oil and gas exploration ban
    Removing the ban on petroleum exploration beyond onshore Taranaki is part of a suite of proposed amendments to the Crown Minerals Act to deal with the energy security challenges posed by rapidly declining natural gas reserves, Resources Minister Shane Jones says. “Natural gas is critical to keeping our lights on ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • New Zealand and Malaysia to intensify connections
    New Zealand and Malaysia intend to intensify their long-standing, deep connections, Foreign Minister Winston Peters says.    “Malaysia is one of New Zealand’s oldest friends in South-East Asia – and both countries intend to get more out of the relationship," Mr Peters says.   "Our connections already run deep and ...
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    1 week ago
  • Ending contracted emergency housing motels in Rotorua
    The end of Contracted Emergency Housing (CEH) motels in Rotorua is nearing another milestone as the Ministry of Housing and Urban Development (HUD) announces it will not renew consents for six of the original 13 motels, Associate Housing Minister Tama Potaka says. The government is committed to stop using CEH ...
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    1 week ago
  • First Home Grant closure exemptions
    The Government is providing a narrow exemption from the discontinuation of the First Home Grant for first home buyers who may face unfair situations as a result, Housing Minister Chris Bishop says. “The First Home Grant scheme was closed with immediate effect on 22 May 2024, with savings being reprioritised ...
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    1 week ago
  • Faster consenting for flood protection projects in Hawke's Bay
    Work to increase flood resilience in Hawke’s Bay can start sooner, thanks to a new fast consenting process, Minister for Emergency Management and Recovery Mark Mitchell and Environment Minister Penny Simmonds say.  “Faster consenting means work to build stop banks, spillways and other infrastructure can get underway sooner, increasing flood ...
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    1 week ago
  • Judge Craig Coxhead and Nathan Milner newest Māori Land Court appointments
    Tangata tū tangata ora, tangata noho tangata mate. Minister for Māori Development Tama Potaka today announced acting Deputy Chief Judge Craig Coxhead as the new Deputy Chief Judge, and Nathan Milner as Judge of the Māori Land Court. "I want to congratulate Judge Coxhead and Mr Milner on their appointments ...
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    1 week ago
  • Government signs Indo-Pacific Economic agreements to boost trade
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    1 week ago
  • Government signs Indo-Pacific Economic agreements to boost trade and cooperation
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    BeehiveBy beehive.govt.nz
    1 week ago

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