Household debt

Written By: - Date published: 11:47 am, March 8th, 2017 - 93 comments
Categories: class war, debt / deficit, economy - Tags: , , , , , ,

Our supposedly healthy economy is an illusion propped up my immigration and debt. Government debt is at record levels. Household debt has been far too high for far too long. The IMF is warning [the piece has been edited since this note]:

High NZ household debt a risk to stability, IMF warns

The International Monetary Fund (IMF) says rising levels of household debt are a risk to New Zealand’s financial stability, while the country’s central bank said it was considering increasing bank capital requirements.

The IMF said on Tuesday that the Reserve Bank of New Zealand (RBNZ) should be allowed to include debt-to-income limits in its toolkit, a measure that must be approved by the Government and that the central bank has already requested.

“With high household debt, you worry about the amplification of large external shocks,” Thomas Helbling, the IMF mission chief for New Zealand, told reporters in Wellington. …

For a detailed look see: IMF warns NZ on household debt levels, proposes better CGT, land tax; Says RBNZ should have DTI tool; NZ$ overvalued

In another sign of how bad things are getting:

Renters forced to draw on KiwiSaver for payments

There’s been a spike in people withdrawing funds from their KiwiSaver accounts because they can’t pay the rent.

One budgeting centre says once clients have used up all their Government entitlements, people are raiding the future for day-to-day survival.

“Many of our families are in rental arrears, so the reality is either lose your home or apply to take some money out of KiwiSaver,” says Darryl Evans, from Mangere Budgeting Services.

He says his agency gets eight clients a day asking for help with a KiwiSaver financial hardship application. …

Not to put a deposit on a home, but to pay the rent. And when the Kiwisaver is gone, then what?

93 comments on “Household debt ”

  1. Antoine 1

    > apply to take some money out of KiwiSaver

    I honestly didn’t know you could do that!!

    A.

    • Wayne 1.1

      I don’t believe you can take KiwiSaver out once it is in (except to buy a house and then only in very specific circumstances of a first home buyer).

      Probably what the Budgeting Service is referring to is suspending contributions, which is relatively easy to do.

    • bwaghorn 1.2

      how does it make you feel that after 8 years of national we have arrived at this. i’m not saying it’s their fault(all though it probably is) but what’s the point of having a government that can’t fix problems

      • Muttonbird 1.2.1

        Kiwisaver was a once thriving vehicle which encouraged people to be hopeful and incentivised about their futures.

        National have removed the incentive, and the hope, and turned it into another tax; a non-progressive tax at that.

        • bwaghorn 1.2.1.1

          National Fucking up good ideas since forever , ets , cullen fund , kiwisaver,

      • Bob 1.2.2

        Off with their heads!! Starting with the rat that left the sinking ship, JK

        • greg 1.2.2.1

          100 percent gallows head chopping to much blood

          • Craig H 1.2.2.1.1

            Guillotine is better for the condemned (as long as the blade is kept sharp and weighted) – gallows are more about the onlookers’ experience…

      • Antoine 1.2.3

        Bwaghorn

        If i may speak for others: we don’t like it, but we’re pretty cynical about the power of Government to fix everyone’s problems, and we think things would have been worse with the other lot in charge. We also suspect some of these people may have been the author of their own misfortune to some extent.

        A.

        • bwaghorn 1.2.3.1

          ”may have been the author of their own misfortune to some extent.”

          So fuck im a?
          leadership is about protecting the less able ,

          • Antoine 1.2.3.1.1

            Well, you asked how I feel, and that’s how I feel, and (based on hanging out on Kiwiblog etc) a lot of others too. So now you know, at least.

            A.

    • Bob 1.3

      It’s called financial hardship !! There is a clause for this in Kiwisaver

  2. saveNZ 2

    If the government wanted Kiwis to diversify from property and was worried about rising debt levels why have they allowed overseas and migrant investors to buy property?

    This is driving up the cost to buy a property and locals need more debt to purchase. At the same time, it makes rental properties too expensive to rent out as the rents to prices don’t make sense any more.

    e.g., Su Feng and Feng Yu just paid another $81,0000 in Auckland for a flipped property on the same day as Hua Wu bought it.

    The Herald revealed in January that Wu was linked to two neighbouring Mangere Bridge homes that sold five times in four days last year, and that he made nearly $1 million profit on one of the properties in just six months.

    The government should have excluded property from the investor category so migrants have to spend the money in other ways in NZ such as investment in other businesses not related to property such as tech or films.

    Also why is the government increasing their own borrowings to fund tax cuts for example – maybe they should lead by example?

    • Siobhan 2.1

      “At the same time, it makes rental properties too expensive to rent out as the rents to prices don’t make sense any more.”…if only…
      NZers keep buying rental properties.
      Subsidized by the tax payer via Accommodation Supplements, and no doubt family Tax credits are also eaten up by rents.
      We, the tax payers, even had to provide cash to landlords to make their ‘businesses’ fit for purpose, via the insulation schemes.
      Basically they held the nation to ransom…make our businesses(houses) safe or our customers (tenants) will get sick and cost you even more.

      Its such a scam, so yeah, stop the foreigners if you think that will help, but as long as landlordism is viewed as the way to get ahead…expect there to be a massive down side for our society.

      Just as an aside, I just had a customer tell me how at her place of work, well paid professionals, most NZ born, though a good number of English migrants too, owning 1 rental would be considered strictly amateurish, the average is closer to 18…18 rental properties!!

      • Draco T Bastard 2.1.1

        Its such a scam, so yeah, stop the foreigners if you think that will help, but as long as landlordism is viewed as the way to get ahead…expect there to be a massive down side for our society.

        Rentier capitalism. Identified thousands of years ago as being destructive of society and so it was banned by all major religions.

        Unfortunately, the psychopaths who want to be bludgers on everyone else always seem to get back into power and reverse that ban.

        National represents those bludgers and, to a large degree, so do Labour as they work to maintain neo-liberal capitalism.

        Just as an aside, I just had a customer tell me how at her place of work, well paid professionals, most NZ born, though a good number of English migrants too, owning 1 rental would be considered strictly amateurish, the average is closer to 18…18 rental properties!!

        That’d be about right. One won’t actually get you an income that you can live on.

        Now, do the maths. That’d be about 5% of the population owning housing.

      • Red 2.1.2

        Maybe rather than whining about rent you think about why you did not get into the property market over all those years, I don’t think it’s been a secret for many year Baby boomers, Gen X that super is not going to be great, basic at best and you want to reach retirement with your own house and no mortgage at least

        • Siobhan 2.1.2.1

          I’m fine thanks.
          Not everyone is.
          I personally see nothing but positives for US ALL if we have a society that provides secure affordable housing for all people, in all circumstances.

          • Red 2.1.2.1.1

            Housing never been easy, bank loans use to be difficult to get, interest rates way higher than today, most of the subsidies today never existed, much higher unemployment , Today just different challenges in different times Make a plan and just get on with it, ensure plan is not relying on govt will provide my housing from cradle to grave

            • One Anonymous Bloke 2.1.2.1.1.1

              “Me, me, me, me, me, me, me.”

              That was a political message from the National Party.

              • Red

                If every one focus on me me me and self interest( within appropriate legsl frame work ) then you tend to get a more efficient outcome overall I think some guy call Adam smith worked that out, its also how most biological system work, likewise self calibration based on individual self interest also seems to operate a lot more efficiently than having an over all controller ( think traffic lights and roundabouts, ant and bee colonies etc) Central control just drives distortions, complexity and cost

                Note no personal abuse in above 😀

            • Carolyn_nth 2.1.2.1.1.2

              Why should people own property? It only serves to enrich bankers speculators and real estate agents. Housing is a necessity.

              • Red

                Because it’s the natural order of things re the human condition, property rights drive innovation, market efficiency, diversity, trade and commerce Accepting there needs to be a safety net as there is in regard to subsidies and govt housing I also agree there is housing supply and demand disequilibrium at present but I suggest removing private sector and property rights from housing to be supplied by the state would be a disaster, East Germany and other soviet state provided housing plus Uk tenament blocks come to mind

                • Bill

                  I’d be interested to know what percentage of so-called home ownership is actually owned by people as opposed to people being in debt to a bank and calling it ownership.

                  And Red. There’s nothing natural about private property. It’s a concept that was dreamed up and enforced. And why bind your imagination between the rock of private property and the hard place of state run or nationalised property?

                  For most of human history and across countless cultures “things” – including land and dwellings – occupied (or were captured by) niether of those spaces.

            • Muttonbird 2.1.2.1.1.3

              You are a caricature of yourself.

              “In my day we walked 12 miles to school knee deep in snow with greased pig under each arm”.

            • Siobhan 2.1.2.1.1.4

              Whats that got to do with my point?.
              The point is some people will be life time renters. As has always been the way.
              What objection do you have to them being able to afford the rent and have security?.
              If peoples money is all being sucked into rent that hurts the local economy.
              If rents need to be subsidized, and even National recognize that, then that is Government money filling out landlords pockets and encouraging a market that pushes out first home buyers while encouraging investors.

              Would it not be better spent on creating a housing stock owned by the Government, or even owned by Government/Private/Communal style groups.

              You’re relying on the Government to subsidize and secure your education, your health, your transport, your security;police, fire etc, your retirement, your access to water, power, telecommunications….so why should they not be involved in housing?

              • Red

                They are to involved already don’t add to it

              • greg

                for a lot of people saving for retirement is a bad joke society is breaking down the social contract is stuffed even then current level of NZ super is set at a level that you own your own home mortgage free that is totally stuffed

            • millsy 2.1.2.1.1.5

              So what were your mortgage repayments back then? What about your power bill?

          • Bob 2.1.2.1.2

            Well said madam, now off with their heads!!! For creating such a mess !!! VOTE THEM OUT!! What’s the alternative, keeping those greedy Nats in power, flooding our country with Dirty Money in property.
            Remember China & India Both have 1.2 BILLION PEOPLE.
            IM HEADING FOR THE HILLS !!

        • gsays 2.1.2.2

          Hi red, re getting into property, did it occur to you that everyone can’t be a landlord?

          • UncookedSelachimorpha 2.1.2.2.1

            NActs seem to think everyone can be in the top 0.01%, if they just get off their lazy arses etc etc etc etc

            Maths isn’t their strong point.

    • Craig H 2.2

      Property is excluded from the investor category other than building new dwellings or investing in large property companies on the stock exchange.

      • saveNZ 2.2.1

        What about farms and agriculture? There seems plenty of overseas investment or should we just say foreign ownership of that?

        Now increasingly Kiwis really are going to be tenants in their own country.

        After a decade of National government some are not even able to afford to be tenants in our own country anymore…

        Hard to watch from NZ going from a 1st world social democracy to third world country for many Kiwis in such a short time and being government driven.

        • Craig H 2.2.1.1

          People can invest in property (or almost anything else) without being here – there is no requirement to be resident in NZ to invest money here. The investor category brings in very small numbers of people annually and is not a large contributor to this particular problem.

          That’s not to say that foreign ownership should not be tackled, just that that specific resident category is not the issue.

  3. mosa 3

    Has anyone tried to get money out of kiwisaver ?
    It would be easier to fly to the moon and back because its locked up tight.

    The rules are strict for good reason , to stop you accessing your retirement savings until you are 65 or 67 or even 75 by the time Bill English is finished.

    You have to be living in a car or cardboard box and be starving before they will relent and release the money, and the fact that people in this country are desperate enough to qualify is abhorant .

    Our high personal debt should come as no surprise as many people use credit to supplement their meagre wages and salaries to make ends meet and the banks and finance companies eagerly oblige as the interest rate makes paying down the principal near on impossible and is just another way of they subjugate the desperate for massive profit.

    I wonder if the IMF warnings will be taken seriously by the government and PM ?

    John Key would have just laughed it off.

    • saveNZ 3.1

      Yep, no crack down on outrageous credit card amounts in particular those preying on vulnerable people. Or bank fees and charges….

      And I think it’s WINZ spreading the rumours of taking out from Kiwisaver…

    • Antoine 3.2

      >You have to be living in a car or cardboard box and be starving before they will relent and release the money

      That isn’t what the story says, the story has people who are still renting and drawing on their Kiwisaver. I was surprised.

      The rules are at http://www.kiwisaver.govt.nz/already/get-money/early/hardship/, though of course actual enforcement may differ.

      A.

      • Craig H 3.2.1

        Different Kiwisaver schemes have different requirements for how they apply significant hardship to some extent. Being unable to pay rent would almost certainly meet the requirement under “a member’s inability to meet minimum living expenses”.

  4. greywarshark 4

    IMF! Ppfff! What do they know? Everyone loves NZ and are willing to loan us truckloads of money, and NZs who are doing okay have no worries, the financial news is generally good, so all this moaning is just a bunch of losers who can’t manage in modern society. It’s all a bunch of wet wailing willies who can’t cope. People in the street are getting their just desserts for not utilising their time at school well, working hard and then they would have a good job.

    Oh dear, Schumacher identified all this in the 1970s. What a pity we have been run by men who if they read at all would choose war or exploration stories or historical romances. The antediluvian brain is the new black after regression from too little stimulation, too much Hollywood or Chicago fiction, and a lack of real-time, problem-solving practice.

  5. One Two 5

    The IMF being ironic?

    How much does NZ still owe the IMF directly or indirectly since the ‘bailout’ of 1961…

    The IMF breaks nations, and is a private bank!

    • michelle 5.1

      The IMF imposes structural adjustment policies like benefit cuts and selling of countries assets when you owe them they tell you what to do
      how much do we owe them 10 times more than we owed them when the labour party were in power around 80-90 billion possibly more with all the borrowing to give tax cuts to those already well of

      • One Anonymous Bloke 5.1.1

        The IMF has recently come out against neoliberalism. Sure, they haven’t gone so far as to issue a grovelling apology to the entire world for backing it in the first place, but at least it’s a start.

        • Tamati Tautuhi 5.1.1.1

          Strange IMF do not support neoliberalism anymore I thought they were the ones promoting it originally?

          • One Anonymous Bloke 5.1.1.1.1

            “When the facts change, I change my mind. What do you do, sir?”

            Yes, they soiled themselves for decades. It takes a certain level of integrity to admit you fucked up, so I think we should help them rehabilitate themselves.

            • SpaceMonkey 5.1.1.1.1.1

              Nah… they’ve just seen the writing on the wall and noted people going long on pitchforks and guillotines! They’re just covering their arses.

              • saveNZ

                Brexit and Trump has been a shock for IMF. They are shorting their position on neoliberalism..

                .. until the right rebrand it

      • Nic the NZer 5.1.2

        Nonsense. New zealands position with the IMF is shown here, http://www.rbnz.govt.nz/statistics/e2

  6. Draco T Bastard 6

    while the country’s central bank said it was considering increasing bank capital requirements.

    That will slow down but not stop the excessive money being created by the private banks.

    What really needs to happen is that the private banks be stopped from creating money altogether. The government then becomes the sole creator of money in the system, the government would longer borrow money creating it as needed and then taxes would become the control of the amount of money in the economy.

    Until we start talking about stopping the private banks from creating money we’re always going to be in too much debt and paying far too much in interest and our economy is only going to work for the rich while impoverishing everyone else.

  7. Keith 7

    The National Party dream just keeps on giving.

    It’s as obvious as the sun rising every morning that like everything with this government the real story is hidden behind a mountain of bullshit, or in this case debt!

    Who would have thought Kiwisaver was not for retirement but rent? This is sureal!

    That English fella is a genius!

    • Draco T Bastard 7.1

      Yep, another way to siphon the wealth from the poor to the rich.

    • Tamati Tautuhi 7.2

      Sugar coat the Bull%^&t?

      Allowing Kiwisaver to pay the rent, this is what happens when your housing market gets out of balance with excess immigration and offshore speculation in the housing market?

      Another Irish Housing Market Collapse perhaps?

      National need more immigrants and offshore speculators to prop up housing prices otherwise the bubble might burst?

      • Keith 7.2.1

        That’s it isn’t it. They have got nothing to rely on but housing speculation, cheap money, but who knows for how much longer and cheap labour migrants to rent investors houses. What a recipe!

  8. Keith 8

    It might be me but the link re Kiwisaver isn’t working

  9. keepcalmcarryon 9

    All symptoms of the economy being run to suit Auckland housing investors and the high end of town.
    In my small home town, farming is big, both dairy farming and recently beekeeping.
    One of the biggest corporate beekeepers in NZ has been buying up marginal sheep farms in the district and running bees – this should be a success story until you notice their vehicles driving around town with filipino workers on board. Where is the trickle down for the community? Fat cat investors make the money, local jobs and businesses lose, small town nz dies a bit more.
    Ditto the dairy industry, one of our biggest export earners, migrant labour exploited everywhere because kiwis cant afford to work for the crap money and hours on offer.
    Give us back our wages, ban low skilled labour imports and give us back penal rates and worker protection its no coincidence the country runs on debt.

    • Bob 9.1

      Your so right! It’s the importing of workers that is adding to this dilemma, the wairarapa is being destroyed by Dairy farming & the bee keepers are exploiting us all.
      And they say kiwis don’t want to work or are on drugs, Spin if ever I heard it.
      VOTE THEM OUT!!! We need a more balanced society, ! In a hurry, or we will all be slipping down that stream that is unswimable.
      I Blame Rogernomics !!! And Muldoon !!!

      • Red Hand 9.1.1

        Get away with it get ahead fuck the neighbours we deserve it who gives a shit anyway fuck’n tree huggers fuck’n experts ANZAC day

    • greg 9.2

      100+
      this why brexit and trump happen workers have been screwed

  10. Tamati Tautuhi 10

    National have been running the country on offshore borrowings and a low wage economy model. We do not have any more State Assets left to sell as there is only the skeletons left however we are told by MSM we are a rockstar economy and we are in a strong position to handle any adverse financial winds?

    • SpaceMonkey 10.1

      Pretty sure the rockstar economy meme disappeared with John Key, but otherwise spot on. As it currently stands NZ will not survive any adverse external shocks. We are heading towards a shitstorm.

      What is sad is how potentially rich we are… and I’m not just talking financially… we the ability to be reasonably self-sufficient but it’s all getting shafted by overseas corporations and uberwealthy private individuals aided and abetted by a bunch of treasonous sycophants in positions of power in NZ.

      • Tamati Tautuhi 10.1.1

        So now John Key has left and Dairy Prices have dropped we are no longer a Rockstar Economy that MSM were promoting?

  11. Carolyn_nth 11

    Call for submissions:

    http://www.livingwageaction.org.nz

  12. Bill 12

    The transfer of government debt to the public as private debt is the big bus that got revved up in ’84 and that’s been barreling through NZ ever since.

    It ain’t about immigrants.

    It’s about successive governments welcoming us aboard and inviting us to sit at the leeching or bleeding chair of finance (First remove the shirt off your back. Comfortable? Good. We can begin…)

    And those of us who were never invited aboard were thrown under right under the wheels. I guess the anemic ones (is that you?) will be down here in the churn of rubber and metal soon enough…

    • keepcalmcarryon 12.1

      I dont disagree with you on the role banking and finance have had in gutting the economy, but you cant tell me our wages in farming for example are not driven lower by cheap import labour. Low wages, burgeoning house prices = debt for people to stay afloat, Low wages and house prices both absolutely directly attributable to record levels of immigration.

      • Bill 12.1.1

        Gutted Employment Legislation, unions all but run out of Dodge, a nicely ‘flexible’ workforce, movable production moved to low wage off-shore locations…and sure, throw ‘importation of cheap and vulnerable foreign workers’ into the mix.

        But don’t blame them – wages would be low and conditions deteriorating even if there were no foreigners here. And house prices would be beyond most even if no foreigners were allowed to buy anything here. The only reason anyone got ‘up in arms’ was because the Kiwis who used to ‘rule the roost’ suddenly found they had competition for those speculative portfolios of theirs.

        It’s class war and it’s got very little to do with foreigners and everything to do with money. (Of which most of us have none)

        • keepcalmcarryon 12.1.1.1

          Spoken like a man whos job cant be done by an imported filipino, chinese or an indian call centre worker. Pretty sure their cost of living is less than ours.

          I suggest we import a few plane loads of workers from a developing nation and pay them minimum wage to be our polticians, hell those guys have such an awesome work ethic theyl do it for less than minimum wage and no benefits! Bloody kiwi politicians just fail the drug tests, download porn in hotel rooms and have no work ethic
          How about the CEOs of our companies? Replace Mr Talley, Mr Spiering with a cheap import think of the cost savings! The return to the shareholder! Hell, they wouldnt even need to speak english and theyd do a better job running the company.
          Open immigration of low skilled labour guts the working class of money and people exist on debt, not sure how you arent seeing this its certainly been brought home to the UK and the USA recently.
          Lets hope the labour party moves away from their embrace of neoliberalism.

          Interesting side note, notice who screamed the loudest in the USA when the immigration taps got turned off? The huge tech multinationals, they want their cheap pool of overseas labour.

          • Bill 12.1.1.1.1

            The embrace of liberal economics by both the NZ Labour Party and the National Party, bled this country dry – gutted the working class and left living on debt as a sole option for many…scapegoating immigrants is just wrongheaded bullshit.

            • keepcalmcarryon 12.1.1.1.1.1

              Your support of our open immigration policy is support for neoliberalism and cheap overseas labour, seeing it yet? “Open” labour market?

              • Bill

                As an immigrant, I know for a fact that NZ doesn’t have an open immigration policy.

                As a person who knows a bit about the political history of the left, I know for a fact that open immigration – freedom of movement of people – would be a mark of internationalism, not liberalism.

                And as a reader of your comments I know you to be a sad xenophobe.

                • keepcalmcarryon

                  That would be trite of you but does explain your myopia.
                  70 000 immigrants per capita distorts our housing market, job market and yes even culture .(how many of the nationalities coming here even believe in looking after the less well off in society)
                  It is no ones right to live in another country its a privalege and one that shouldnt be extended to anyone, just those in need or with actual skills we dont have.
                  .

                  • keepcalmcarryon

                    That should read 70 000 immigrants on a per capita basis of course.
                    Bill you annoy me, Im not anti all immigration but it needs tighter controls.

                    I’ll sum you up:
                    Move to NZ
                    Declare no problems with open immigration policy or that we dont have one.
                    Declare those that dont agree with you as xenophobic.

                    Pretty shit attitude actually.

                    • Bill

                      No. Disagreement’s got nothing to do with it.

                      Blithely ignoring the multiple and systemic factors laid out above that make for a deteriorating economic environment and slating it all back to immigrants is what’s myopic….and xenophobic. 😉

                • Draco T Bastard

                  freedom of movement of people – would be a mark of internationalism, not liberalism.

                  Does it really matter what you call it if the effects are the same?

            • KJT 12.1.1.1.1.2

              Not the immigrants fault, but the availability, and employers use of, cheap immigrants to undercut local wages, and for employers to avoid paying for local training, has been blatantly obvious for decades.

              I can name many individual examples, of locals losing jobs to immigrants, just off the top of my head.

  13. Tamati Tautuhi 14

    Just love how they call $500,000 to $600,000 houses affordable housing?

    I can’t see how a young family on minimum wages can even afford to pay the rent in Auckland let alone save for a deposit, let alone service a $400,000 mortgage?

    And the average house price in most suburbs in Auckland is $1.0 million?

  14. mauī 15

    Does anyone have a link to NZ’s private debt to gdp percentage? Economist Steve Keen was saying Australia’s is currently at about 125% and because of that he is expecting a recession/crash for them very soon. Our figure can’t be far behind that…

  15. Smilin 16

    Anyone who was watching back when labour was running the govt knew things were tight
    But Keys mob kept telling the same lies about the economy that the rich were suffering under labour and too many believed it
    Key knew the crash was coming long before it was news
    Therefore does that not open some serious questions about just how corrupt his tenure as PM really was and why the hell arent national completely discredited
    They have abused the nations wealth and all those who support him should be liable but in this country it appears you can get away with anything when your like Key

  16. greg 17

    debt to income is more important can you pay the debt back ????
    New Zealand’s Debt – Feb 2016
    Agriculture $59,014,000,000
    Business $89,990,000,000
    Consumer $15,669,000,000
    Corporate Overseas (Dec 2015) $72,839,000,000
    Government $113,290,000,000
    Housing $202,347,000,000
    Local Government (Forecast) $14,030,000,000
    Student (Forecast) $15,239,000,000
    TOTAL DEBT $582,418,000,000
    Population (Forecast) 4,593,667
    AVERAGE DEBT/PERSON $126,787
    http://www.tradingeconomics.com/new-zealand/households-debt-to-income
    Households Debt To Income 165.00 percent

    its high

    • exkiwforces 17.1

      Good god that’s high for a small country like NZ. Do you have the figures NZ debt prior to National becoming government back in 08. All I can think is that I made the right decision to leave NZ back in April 1998.

  17. exkiwforces 18

    Good god that’s high for a small country like NZ. Do you by any chance the figures NZ debt prior to national forming government back in 98? I now think I made the right decision to leave NZ back in Apr 1998.

  18. millsy 19

    Easy access to credit = economic boom.

  19. greg 20

    June 2008 total debt 407 billion

  20. Ian 21

    “Government debt is at record levels”
    So how are you measuring/defining this? This is a claim that has been made before, also without evidence.

Recent Comments

Recent Posts

  • The ‘Humpty Dumpty’ end result of dismantling our environmental protections
    Policymakers rarely wish to make plain or visible their desire to dismantle environmental policy, least of all to the young. Photo: Lynn GrievesonTL;DR: Here’s the top five 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 ...
    The KakaBy Bernard Hickey
    56 mins ago
  • Nicola's Salad Days.
    I like to keep an eye on what’s happening in places like the UK, the US, and over the ditch with our good mates the Aussies. Let’s call them AUKUS, for want of a better collective term. More on that in a bit.It used to be, not long ago, that ...
    Nick’s KōreroBy Nick Rockel
    2 hours ago
  • Study sees climate change baking in 19% lower global income by 2050
    TL;DR: The global economy will be one fifth smaller than it would have otherwise been in 2050 as a result of climate damage, according to a new study by the Potsdam Institute for Climate Impact Research (PIK) and published in the journal Nature. (See more detail and analysis below, and ...
    The KakaBy Bernard Hickey
    2 hours ago
  • Weekly Roundup 19-April-2024
    It’s Friday again. Here’s some of the things that caught our attention this week. This Week on Greater Auckland On Tuesday Matt covered at the government looking into a long tunnel for Wellington. On Wednesday we ran a post from Oscar Simms on some lessons from Texas. AT’s ...
    3 hours ago
  • Jack Vowles: Stop the panic – we’ve been here before
    New Zealand is said to be suffering from ‘serious populist discontent’. An IPSOS MORI survey has reported that we have an increasing preference for strong leaders, think that the economy is rigged toward the rich and powerful, and political elites are ignoring ‘hard-working people’.  The data is from February this ...
    Democracy ProjectBy bryce.edwards
    5 hours ago
  • Clearing up confusion (or trying to)
    Foreign Minister Winston Peters is understood to be planning a major speech within the next fortnight to clear up the confusion over whether or not New Zealand might join the AUKUS submarine project. So far, there have been conflicting signals from the Government. RNZ reported the Prime Minister yesterday in ...
    PolitikBy Richard Harman
    6 hours ago
  • How to Retrieve Deleted Call Log iPhone Without Computer
    How to Retrieve Deleted Call Log on iPhone Without a Computer: A StepbyStep Guide Losing your iPhone call history can be frustrating, especially when you need to find a specific number or recall an important conversation. But before you panic, know that there are ways to retrieve deleted call logs on your iPhone, even without a computer. This guide will explore various methods, ranging from simple checks to utilizing iCloud backups and thirdparty applications. So, lets dive in and recover those lost calls! 1. Check Recently Deleted Folder: Apple understands that accidental deletions happen. Thats why they introduced the Recently Deleted folder for various apps, including the Phone app. This folder acts as a safety net, storing deleted call logs for up to 30 days before permanently erasing them. Heres how to check it: Open the Phone app on your iPhone. Tap on the Recents tab at the bottom. Scroll to the top and tap on Edit. Select Show Recently Deleted. Browse the list to find the call logs you want to recover. Tap on the desired call log and choose Recover to restore it to your call history. 2. Restore from iCloud Backup: If you regularly back up your iPhone to iCloud, you might be able to retrieve your deleted call log from a previous backup. However, keep in mind that this process will restore your entire phone to the state it was in at the time of the backup, potentially erasing any data added since then. Heres how to restore from an iCloud backup: Go to Settings > General > Reset. Choose Erase All Content and Settings. Follow the onscreen instructions. Your iPhone will restart and show the initial setup screen. Choose Restore from iCloud Backup during the setup process. Select the relevant backup that contains your deleted call log. Wait for the restoration process to complete. 3. Explore ThirdParty Apps (with Caution): ...
    8 hours ago
  • How to Factory Reset iPhone without Computer: A Comprehensive Guide to Restoring your Device
    Life throws curveballs, and sometimes, those curveballs necessitate wiping your iPhone clean and starting anew. Whether you’re facing persistent software glitches, preparing to sell your device, or simply wanting a fresh start, knowing how to factory reset iPhone without a computer is a valuable skill. While using a computer with ...
    15 hours ago
  • How to Call Someone on a Computer: A Guide to Voice and Video Communication in the Digital Age
    Gone are the days when communication was limited to landline phones and physical proximity. Today, computers have become powerful tools for connecting with people across the globe through voice and video calls. But with a plethora of applications and methods available, how to call someone on a computer might seem ...
    15 hours ago
  • Skeptical Science New Research for Week #16 2024
    Open access notables Glacial isostatic adjustment reduces past and future Arctic subsea permafrost, Creel et al., Nature Communications: Sea-level rise submerges terrestrial permafrost in the Arctic, turning it into subsea permafrost. Subsea permafrost underlies ~ 1.8 million km2 of Arctic continental shelf, with thicknesses in places exceeding 700 m. Sea-level variations over glacial-interglacial cycles control ...
    16 hours ago
  • Where on a Computer is the Operating System Generally Stored? Delving into the Digital Home of your ...
    The operating system (OS) is the heart and soul of a computer, orchestrating every action and interaction between hardware and software. But have you ever wondered where on a computer is the operating system generally stored? The answer lies in the intricate dance between hardware and software components, particularly within ...
    16 hours ago
  • How Many Watts Does a Laptop Use? Understanding Power Consumption and Efficiency
    Laptops have become essential tools for work, entertainment, and communication, offering portability and functionality. However, with rising energy costs and growing environmental concerns, understanding a laptop’s power consumption is more important than ever. So, how many watts does a laptop use? The answer, unfortunately, isn’t straightforward. It depends on several ...
    16 hours ago
  • How to Screen Record on a Dell Laptop A Guide to Capturing Your Screen with Ease
    Screen recording has become an essential tool for various purposes, such as creating tutorials, capturing gameplay footage, recording online meetings, or sharing information with others. Fortunately, Dell laptops offer several built-in and external options for screen recording, catering to different needs and preferences. This guide will explore various methods on ...
    16 hours ago
  • How Much Does it Cost to Fix a Laptop Screen? Navigating Repair Options and Costs
    A cracked or damaged laptop screen can be a frustrating experience, impacting productivity and enjoyment. Fortunately, laptop screen repair is a common service offered by various repair shops and technicians. However, the cost of fixing a laptop screen can vary significantly depending on several factors. This article delves into the ...
    16 hours ago
  • How Long Do Gaming Laptops Last? Demystifying Lifespan and Maximizing Longevity
    Gaming laptops represent a significant investment for passionate gamers, offering portability and powerful performance for immersive gaming experiences. However, a common concern among potential buyers is their lifespan. Unlike desktop PCs, which allow for easier component upgrades, gaming laptops have inherent limitations due to their compact and integrated design. This ...
    16 hours ago
  • Climate Change: Turning the tide
    The annual inventory report of New Zealand's greenhouse gas emissions has been released, showing that gross emissions have dropped for the third year in a row, to 78.4 million tons: All-told gross emissions have decreased by over 6 million tons since the Zero Carbon Act was passed in 2019. ...
    No Right TurnBy Idiot/Savant
    17 hours ago
  • How to Unlock Your Computer A Comprehensive Guide to Regaining Access
    Experiencing a locked computer can be frustrating, especially when you need access to your files and applications urgently. The methods to unlock your computer will vary depending on the specific situation and the type of lock you encounter. This guide will explore various scenarios and provide step-by-step instructions on how ...
    18 hours ago
  • Faxing from Your Computer A Modern Guide to Sending Documents Digitally
    While the world has largely transitioned to digital communication, faxing still holds relevance in certain industries and situations. Fortunately, gone are the days of bulky fax machines and dedicated phone lines. Today, you can easily send and receive faxes directly from your computer, offering a convenient and efficient way to ...
    18 hours ago
  • Protecting Your Home Computer A Guide to Cyber Awareness
    In our increasingly digital world, home computers have become essential tools for work, communication, entertainment, and more. However, this increased reliance on technology also exposes us to various cyber threats. Understanding these threats and taking proactive steps to protect your home computer is crucial for safeguarding your personal information, finances, ...
    18 hours ago
  • Server-Based Computing Powering the Modern Digital Landscape
    In the ever-evolving world of technology, server-based computing has emerged as a cornerstone of modern digital infrastructure. This article delves into the concept of server-based computing, exploring its various forms, benefits, challenges, and its impact on the way we work and interact with technology. Understanding Server-Based Computing: At its core, ...
    18 hours ago
  • Vroom vroom go the big red trucks
    The absolute brass neck of this guy.We want more medical doctors, not more spin doctors, Luxon was saying a couple of weeks ago, and now we’re told the guy has seven salaried adults on TikTok duty. Sorry, doing social media. The absolute brass neck of it. The irony that the ...
    More Than A FeildingBy David Slack
    18 hours ago
  • Jones finds $410,000 to help the government muscle in on a spat project
    Buzz from the Beehive Oceans and Fisheries Minister Shane Jones relishes spatting and eagerly takes issue with environmentalists who criticise his enthusiasm for resource development. He relishes helping the fishing industry too. And so today, while the media are making much of the latest culling in the public service to ...
    Point of OrderBy Bob Edlin
    19 hours ago
  • Again, hate crimes are not necessarily terrorism.
    Having written, taught and worked for the US government on issues involving unconventional warfare and terrorism for 30-odd years, two things irritate me the most when the subject is discussed in public. The first is the Johnny-come-lately academics-turned-media commentators who … Continue reading ...
    KiwipoliticoBy Pablo
    22 hours ago
  • Despair – construction consenting edition
    Eric Crampton writes – Kainga Ora is the government’s house building agency. It’s been building a lot of social housing. Kainga Ora has its own (but independent) consenting authority, Consentium. It’s a neat idea. Rather than have to deal with building consents across each different territorial authority, Kainga Ora ...
    Point of OrderBy poonzteam5443
    22 hours ago
  • Coalition promises – will the Govt keep the commitment to keep Kiwis equal before the law?
    Muriel Newman writes – The Coalition Government says it is moving with speed to deliver campaign promises and reverse the damage done by Labour. One of their key commitments is to “defend the principle that New Zealanders are equal before the law.” To achieve this, they have pledged they “will not advance ...
    Point of OrderBy poonzteam5443
    23 hours ago
  • An impermanent public service is a guarantee of very little else but failure
    Chris Trotter writes –  The absence of anything resembling a fightback from the public servants currently losing their jobs is interesting. State-sector workers’ collective fatalism in the face of Coalition cutbacks indicates a surprisingly broad acceptance of impermanence in the workplace. Fifty years ago, lay-offs in the thousands ...
    Point of OrderBy poonzteam5443
    24 hours ago
  • What happens after the war – Mariupol
    Mariupol, on the Azov Sea coast, was one of the first cities to suffer almost complete destruction after the start of the Ukraine War started in late February 2022. We remember the scenes of absolute destruction of the houses and city structures. The deaths of innocent civilians – many of ...
    1 day ago
  • Babies and benefits – no good news
    Lindsay Mitchell writes – Ten years ago, I wrote the following in a Listener column: Every year around one in five new-born babies will be reliant on their caregivers benefit by Christmas. This pattern has persisted from at least 1993. For Maori the number jumps to over one in three.  ...
    Point of OrderBy poonzteam5443
    1 day ago
  • Should the RBNZ be looking through climate inflation?
    Climate change is expected to generate more and more extreme events, delivering a sort of structural shock to inflation that central banks will have to react to as if they were short-term cyclical issues. Photo: Lynn Grieveson / The KākāMy pick of the six newsey things to know from Aotearoa’s ...
    The KakaBy Bernard Hickey
    1 day ago
  • Bernard's pick 'n' mix of the news links
    The top six news links I’ve seen elsewhere in the last 24 hours, as of 9:16 am on Thursday, April 18 are:Housing: Tauranga residents living in boats, vans RNZ Checkpoint Louise TernouthHousing: Waikato councillor says wastewater plant issues could hold up Sleepyhead building a massive company town Waikato Times Stephen ...
    The KakaBy Bernard Hickey
    1 day ago
  • Gordon Campbell on the public sector carnage, and misogyny as terrorism
    It’s a simple deal. We pay taxes in order to finance the social services we want and need. The carnage now occurring across the public sector though, is breaking that contract. Over 3,000 jobs have been lost so far. Many are in crucial areas like Education where the impact of ...
    1 day ago
  • Meeting the Master Baiters
    Hi,A friend had their 40th over the weekend and decided to theme it after Curb Your Enthusiasm fashion icon Susie Greene. Captured in my tiny kitchen before I left the house, I ending up evoking a mix of old lesbian and Hillary Clinton — both unintentional.Me vs Hillary ClintonIf you’re ...
    David FarrierBy David Farrier
    1 day ago
  • How extreme was the Earth's temperature in 2023
    This is a re-post from Andrew Dessler at the Climate Brink blog In 2023, the Earth reached temperature levels unprecedented in modern times. Given that, it’s reasonable to ask: What’s going on? There’s been lots of discussions by scientists about whether this is just the normal progression of global warming or if something ...
    1 day ago
  • Backbone, revisited
    The schools are on holiday and the sun is shining in the seaside village and all day long I have been seeing bunches of bikes; Mums, Dads, teens and toddlers chattering, laughing, happy, having a bloody great time together. Cheers, AT, for the bits of lane you’ve added lately around the ...
    More Than A FeildingBy David Slack
    2 days ago
  • Ministers are not above the law
    Today in our National-led authoritarian nightmare: Shane Jones thinks Ministers should be above the law: New Zealand First MP Shane Jones is accusing the Waitangi Tribunal of over-stepping its mandate by subpoenaing a minister for its urgent hearing on the Oranga Tamariki claim. The tribunal is looking into the ...
    No Right TurnBy Idiot/Savant
    2 days ago
  • What’s the outfit you can hear going down the gurgler? Probably it’s David Parker’s Oceans Sec...
    Buzz from the Beehive Point  of Order first heard of the Oceans Secretariat in June 2021, when David Parker (remember him?) announced a multi-agency approach to protecting New Zealand’s marine ecosystems and fisheries. Parker (holding the Environment, and Oceans and Fisheries portfolios) broke the news at the annual Forest & ...
    Point of OrderBy Bob Edlin
    2 days ago
  • Will politicians let democracy die in the darkness?
    Bryce Edwards writes  – Politicians across the political spectrum are implicated in the New Zealand media’s failing health. Either through neglect or incompetent interventions, successive governments have failed to regulate, foster, and allow a healthy Fourth Estate that can adequately hold politicians and the powerful to account. ...
    Point of OrderBy poonzteam5443
    2 days ago
  • Matt Doocey doubles down on trans “healthcare”
    Citizen Science writes –  Last week saw two significant developments in the debate over the treatment of trans-identifying children and young people – the release in Britain of the final report of Dr Hilary Cass’s review into gender healthcare, and here in New Zealand, the news that the ...
    Point of OrderBy poonzteam5443
    2 days ago
  • A TikTok Prime Minister.
    One night while sleeping in my bed I had a beautiful dreamThat all the people of the world got together on the same wavelengthAnd began helping one anotherNow in this dream, universal love was the theme of the dayPeace and understanding and it happened this wayAfter such an eventful day ...
    Nick’s KōreroBy Nick Rockel
    2 days ago
  • Texas Lessons
    This is a guest post by Oscar Simms who is a housing activist, volunteer for the Coalition for More Homes, and was the Labour Party candidate for Auckland Central at the last election. ...
    Greater AucklandBy Guest Post
    2 days ago
  • Bernard's pick 'n' mix of the news links at 6:06 am
    The top six news links I’ve seen elsewhere in the last 24 hours as of 6:06 am on Wednesday, April 17 are:Must read: Secrecy shrouds which projects might be fast-tracked RNZ Farah HancockScoop: Revealed: Luxon has seven staffers working on social media content - partly paid for by taxpayer Newshub ...
    The KakaBy Bernard Hickey
    2 days ago
  • Fighting poverty on the holiday highway
    Turning what Labour called the “holiday highway” into a four-lane expressway from Auckland to Whangarei could bring at least an economic benefit of nearly two billion a year for Northland each year. And it could help bring an end to poverty in one of New Zealand’s most deprived regions. The ...
    PolitikBy Richard Harman
    2 days ago
  • Bernard's six-stack of substacks at 6:26 pm
    Tonight’s six-stack includes: launching his substack with a bunch of his previous documentaries, including this 1992 interview with Dame Whina Cooper. and here crew give climate activists plenty to do, including this call to submit against the Fast Track Approvals bill. writes brilliantly here on his substack ...
    The KakaBy Bernard Hickey
    3 days ago
  • At a glance – Is the science settled?
    On February 14, 2023 we announced our Rebuttal Update Project. This included an ask for feedback about the added "At a glance" section in the updated basic rebuttal versions. This weekly blog post series highlights this new section of one of the updated basic rebuttal versions and serves as a ...
    3 days ago
  • Apposite Quotations.
    How Long Is Long Enough? Gaza under Israeli bombardment, July 2014. This posting is exclusive to Bowalley Road. ...
    3 days ago
  • What’s a life worth now?
    You're in the mall when you hear it: some kind of popping sound in the distance, kids with fireworks, maybe. But then a moment of eerie stillness is followed by more of the fireworks sound and there’s also screaming and shrieking and now here come people running for their lives.Does ...
    More Than A FeildingBy David Slack
    3 days ago
  • Howling at the Moon
    Karl du Fresne writes –  There’s a crisis in the news media and the media are blaming it on everyone except themselves. Culpability is being deflected elsewhere – mainly to the hapless Minister of Communications, Melissa Lee, and the big social media platforms that are accused of hoovering ...
    Point of OrderBy poonzteam5443
    3 days ago
  • Newshub is Dead.
    I don’t normally send out two newsletters in a day but I figured I’d say something about… the news. If two newsletters is a bit much then maybe just skip one, I don’t want to overload people. Alternatively if you’d be interested in sometimes receiving multiple, smaller updates from me, ...
    Nick’s KōreroBy Nick Rockel
    3 days ago
  • Seymour is chuffed about cutting early-learning red tape – but we hear, too, that Jones has loose...
    Buzz from the Beehive David Seymour and Winston Peters today signalled that at least two ministers of the Crown might be in Wellington today. Seymour (as Associate Minister of Education) announced the removal of more red tape, this time to make it easier for new early learning services to be ...
    Point of OrderBy Bob Edlin
    3 days ago
  • Bryce Edwards: Will politicians let democracy die in the darkness?
    Politicians across the political spectrum are implicated in the New Zealand media’s failing health. Either through neglect or incompetent interventions, successive governments have failed to regulate, foster, and allow a healthy Fourth Estate that can adequately hold politicians and the powerful to account. Our political system is suffering from the ...
    Democracy ProjectBy bryce.edwards
    3 days ago
  • Was Hawkesby entirely wrong?
    David Farrar  writes –  The Broadcasting Standards Authority ruled: Comments by radio host Kate Hawkesby suggesting Māori and Pacific patients were being prioritised for surgery due to their ethnicity were misleading and discriminatory, the Broadcasting Standards Authority has found. It is a fact such patients are prioritised. ...
    Point of OrderBy poonzteam5443
    3 days ago
  • PRC shadow looms as the Solomons head for election
    PRC and its proxies in Solomons have been preparing for these elections for a long time. A lot of money, effort and intelligence have gone into ensuring an outcome that won’t compromise Beijing’s plans. Cleo Paskall writes – On April 17th the Solomon Islands, a country of ...
    Point of OrderBy poonzteam5443
    3 days ago
  • Climate Change: Criminal ecocide
    We are in the middle of a climate crisis. Last year was (again) the hottest year on record. NOAA has just announced another global coral bleaching event. Floods are threatening UK food security. So naturally, Shane Jones wants to make it easier to mine coal: Resources Minister Shane Jones ...
    No Right TurnBy Idiot/Savant
    3 days ago
  • Is saving one minute of a politician's time worth nearly $1 billion?
    Is speeding up the trip to and from Wellington airport by 12 minutes worth spending up more than $10 billion? Photo: Lynn Grieveson / The KākāTL;DR: The six news items that stood out to me in the last day to 8:26 am today are:The Lead: Transport Minister Simeon Brown announced ...
    The KakaBy Bernard Hickey
    3 days ago
  • Long Tunnel or Long Con?
    Yesterday it was revealed that Transport Minister had asked Waka Kotahi to look at the options for a long tunnel through Wellington. State Highway 1 (SH1) through Wellington City is heavily congested at peak times and while planning continues on the duplicate Mt Victoria Tunnel and Basin Reserve project, the ...
    3 days ago
  • Smoke And Mirrors.
    You're a fraud, and you know itBut it's too good to throw it all awayAnyone would do the sameYou've got 'em goingAnd you're careful not to show itSometimes you even fool yourself a bitIt's like magicBut it's always been a smoke and mirrors gameAnyone would do the sameForty six billion ...
    Nick’s KōreroBy Nick Rockel
    3 days ago
  • What is Mexico doing about climate change?
    This is a re-post from Yale Climate Connections The June general election in Mexico could mark a turning point in ensuring that the country’s climate policies better reflect the desire of its citizens to address the climate crisis, with both leading presidential candidates expressing support for renewable energy. Mexico is the ...
    3 days ago
  • State of humanity, 2024
    2024, it feels, keeps presenting us with ever more challenges, ever more dismay.Do you give up yet? It seems to ask.No? How about this? Or this?How about this?When I say 2024 I really mean the state of humanity in 2024.Saturday night, we watched Civil War because that is one terrifying cliff we've ...
    More Than A FeildingBy David Slack
    4 days ago
  • Govt’s Wellington tunnel vision aims to ease the way to the airport (but zealous promoters of cycl...
    Buzz from the Beehive A pet project and governmental tunnel vision jump out from the latest batch of ministerial announcements. The government is keen to assure us of its concern for the wellbeing of our pets. It will be introducing pet bonds in a change to the Residential Tenancies Act ...
    Point of OrderBy Bob Edlin
    4 days ago
  • The case for cultural connectedness
    A recent report generated from a Growing Up in New Zealand (GUiNZ) survey of 1,224 rangatahi Māori aged 11-12 found: Cultural connectedness was associated with fewer depression symptoms, anxiety symptoms and better quality of life. That sounds cut and dry. But further into the report the following appears: Cultural connectedness is ...
    Point of OrderBy poonzteam5443
    4 days ago
  • Useful context on public sector job cuts
    David Farrar writes –    The Herald reports: From the gory details of job-cuts news, you’d think the public service was being eviscerated.   While the media’s view of the cuts is incomplete, it’s also true that departments have been leaking the particulars faster than a Wellington ...
    Point of OrderBy poonzteam5443
    4 days ago
  • Gordon Campbell On When Racism Comes Disguised As Anti-racism
    Remember the good old days, back when New Zealand had a PM who could think and speak calmly and intelligently in whole sentences without blustering? Even while Iran’s drones and missiles were still being launched, Helen Clark was live on TVNZ expertly summing up the latest crisis in the Middle ...
    4 days ago
  • Govt ignored economic analysis of smokefree reversal
    Costello did not pass on analysis of the benefits of the smokefree reforms to Cabinet, emphasising instead the extra tax revenues of repealing them. Photo: Hagen Hopkins, Getty Images TL;DR: The six news items that stood out to me at 7:26 am today are:The Lead: Casey Costello never passed on ...
    The KakaBy Bernard Hickey
    4 days ago
  • True Blue.
    True loveYou're the one I'm dreaming ofYour heart fits me like a gloveAnd I'm gonna be true blueBaby, I love youI’ve written about the job cuts in our news media last week. The impact on individuals, and the loss to Aotearoa of voices covering our news from different angles.That by ...
    Nick’s KōreroBy Nick Rockel
    4 days ago
  • Who is running New Zealand’s foreign policy?
    While commentators, including former Prime Minister Helen Clark, are noting a subtle shift in New Zealand’s foreign policy, which now places more emphasis on the United States, many have missed a key element of the shift. What National said before the election is not what the government is doing now. ...
    PolitikBy Richard Harman
    4 days ago
  • 2024 SkS Weekly Climate Change & Global Warming News Roundup #15
    A listing of 31 news and opinion articles we found interesting and shared on social media during the past week: Sun, April 7, 2024 thru Sat, April 13, 2024. Story of the week Our story of the week is about adults in the room setting terms and conditions of ...
    5 days ago
  • Feline Friends and Fragile Fauna The Complexities of Cats in New Zealand’s Conservation Efforts

    Cats, with their independent spirit and beguiling purrs, have captured the hearts of humans for millennia. In New Zealand, felines are no exception, boasting the highest national cat ownership rate globally [definition cat nz cat foundation]. An estimated 1.134 million pet cats grace Kiwi households, compared to 683,000 dogs ...

    5 days ago
  • Or is that just they want us to think?
    Nice guy, that Peter Williams. Amiable, a calm air of no-nonsense capability, a winning smile. Everything you look for in a TV presenter and newsreader.I used to see him sometimes when I went to TVNZ to be a talking head or a panellist and we would yarn. Nice guy, that ...
    More Than A FeildingBy David Slack
    5 days ago
  • Fact Brief – Did global warming stop in 1998?
    Skeptical Science is partnering with Gigafact to produce fact briefs — bite-sized fact checks of trending claims. This fact brief was written by Sue Bin Park in collaboration with members from our Skeptical Science team. You can submit claims you think need checking via the tipline. Did global warming stop in ...
    6 days ago
  • Arguing over a moot point.
    I have been following recent debates in the corporate and social media about whether it is a good idea for NZ to join what is known as “AUKUS Pillar Two.” AUKUS is the Australian-UK-US nuclear submarine building agreement in which … Continue reading ...
    KiwipoliticoBy Pablo
    6 days ago
  • No Longer Trusted: Ageing Boomers, Laurie & Les, Talk Politics.
    Turning Point: What has turned me away from the mainstream news media is the very strong message that its been sending out for the last few years.” “And what message might that be?” “That the people who own it, the people who run it, and the people who provide its content, really don’t ...
    6 days ago
  • Mortgage rates at 10% anyone?
    No – nothing about that in PM Luxon’s nine-point plan to improve the lives of New Zealanders. But beyond our shores Jamie Dimon, the long-serving head of global bank J.P. Morgan Chase, reckons that the chances of a goldilocks soft landing for the economy are “a lot lower” than the ...
    Point of OrderBy xtrdnry
    6 days ago
  • Sad tales from the left
    Michael Bassett writes –  Have you noticed the odd way in which the media are handling the government’s crackdown on surplus employees in the Public Service? Very few reporters mention the crazy way in which State Service numbers rocketed ahead by more than 16,000 during Labour’s six years, ...
    Point of OrderBy poonzteam5443
    6 days ago
  • In Whose Best Interests?
    On The Spot: The question Q+A host, Jack Tame, put to the Workplace & Safety Minister, Act’s Brooke van Velden, was disarmingly simple: “Are income tax cuts right now in the best interests of lowering inflation?”JACK TAME has tested another MP on his Sunday morning current affairs show, Q+A. Minister for Workplace ...
    6 days ago
  • Don’t Question, Don’t Complain.
    It has to start somewhereIt has to start sometimeWhat better place than here?What better time than now?So it turns out that I owe you all an apology.It seems that all of the terrible things this government is doing, impacting the lives of many, aren’t necessarily ‘bad’ per se. Those things ...
    Nick’s KōreroBy Nick Rockel
    6 days ago

  • Minister to Europe for OECD meeting, Anzac Day
    Science, Innovation and Technology and Defence Minister Judith Collins will next week attend the OECD Science and Technology Ministerial conference in Paris and Anzac Day commemorations in Belgium. “Science, innovation and technology have a major role to play in rebuilding our economy and achieving better health, environmental and social outcomes ...
    BeehiveBy beehive.govt.nz
    1 hour ago
  • Comprehensive Partnership the goal for NZ and the Philippines
    Prime Minister Christopher Luxon held a bilateral meeting today with the President of the Philippines, Ferdinand Marcos Jr.  The Prime Minister was accompanied by MP Paulo Garcia, the first Filipino to be elected to a legislature outside the Philippines. During today’s meeting, Prime Minister Luxon and President Marcos Jr discussed opportunities to ...
    BeehiveBy beehive.govt.nz
    13 hours ago
  • Government commits $20m to Westport flood protection
    The Government has announced that $20 million in funding will be made available to Westport to fund much needed flood protection around the town. This measure will significantly improve the resilience of the community, says Local Government Minister Simeon Brown. “The Westport community has already been allocated almost $3 million ...
    BeehiveBy beehive.govt.nz
    18 hours ago
  • Taupō takes pole position
    The Government is proud to support the first ever Repco Supercars Championship event in Taupō as up to 70,000 motorsport fans attend the Taupō International Motorsport Park this weekend, says Economic Development Minister Melissa Lee. “Anticipation for the ITM Taupō Super400 is huge, with tickets and accommodation selling out weeks ...
    BeehiveBy beehive.govt.nz
    19 hours ago
  • Cost of living support for low-income homeowners
    Local Government Minister Simeon Brown has announced an increase to the Rates Rebate Scheme, putting money back into the pockets of low-income homeowners.  “The coalition Government is committed to bringing down the cost of living for New Zealanders. That includes targeted support for those Kiwis who are doing things tough, such ...
    BeehiveBy beehive.govt.nz
    21 hours ago
  • Government backing mussel spat project
    The Coalition Government is investing in a project to boost survival rates of New Zealand mussels and grow the industry, Oceans and Fisheries Minister Shane Jones has announced. “This project seeks to increase the resilience of our mussels and significantly boost the sector’s productivity,” Mr Jones says. “The project - ...
    BeehiveBy beehive.govt.nz
    22 hours ago
  • Government focused on getting people into work
    Benefit figures released today underscore the importance of the Government’s plan to rebuild the economy and have 50,000 fewer people on Jobseeker Support, Social Development and Employment Minister Louise Upston says. “Benefit numbers are still significantly higher than when National was last in government, when there was about 70,000 fewer ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Clean energy key driver to reducing emissions
    The Government’s commitment to doubling New Zealand’s renewable energy capacity is backed by new data showing that clean energy has helped the country reach its lowest annual gross emissions since 1999, Climate Change Minister Simon Watts says. New Zealand’s latest Greenhouse Gas Inventory (1990-2022) published today, shows gross emissions fell ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Earthquake-prone buildings review brought forward
    The Government is bringing the earthquake-prone building review forward, with work to start immediately, and extending the deadline for remediations by four years, Building and Construction Minister Chris Penk says. “Our Government is focused on rebuilding the economy. A key part of our plan is to cut red tape that ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Thailand and NZ to agree to Strategic Partnership
    Prime Minister Christopher Luxon and his Thai counterpart, Prime Minister Srettha Thavisin, have today agreed that New Zealand and the Kingdom of Thailand will upgrade the bilateral relationship to a Strategic Partnership by 2026. “New Zealand and Thailand have a lot to offer each other. We have a strong mutual desire to build ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Government consults on extending coastal permits for ports
    RMA Reform Minister Chris Bishop and Transport Minister Simeon Brown have today announced the Coalition Government’s intention to extend port coastal permits for a further 20 years, providing port operators with certainty to continue their operations. “The introduction of the Resource Management Act in 1991 required ports to obtain coastal ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Inflation coming down, but more work to do
    Today’s announcement that inflation is down to 4 per cent is encouraging news for Kiwis, but there is more work to be done - underlining the importance of the Government’s plan to get the economy back on track, acting Finance Minister Chris Bishop says. “Inflation is now at 4 per ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • School attendance restored as a priority in health advice
    Refreshed health guidance released today will help parents and schools make informed decisions about whether their child needs to be in school, addressing one of the key issues affecting school attendance, says Associate Education Minister David Seymour. In recent years, consistently across all school terms, short-term illness or medical reasons ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Unnecessary bureaucracy cut in oceans sector
    Oceans and Fisheries Minister Shane Jones is streamlining high-level oceans management while maintaining a focus on supporting the sector’s role in the export-led recovery of the economy. “I am working to realise the untapped potential of our fishing and aquaculture sector. To achieve that we need to be smarter with ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Patterson promoting NZ’s wool sector at International Congress
    Associate Agriculture Minister Mark Patterson is speaking at the International Wool Textile Organisation Congress in Adelaide, promoting New Zealand wool, and outlining the coalition Government’s support for the revitalisation the sector.    "New Zealand’s wool exports reached $400 million in the year to 30 June 2023, and the coalition Government ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Removing red tape to help early learners thrive
    The Government is making legislative changes to make it easier for new early learning services to be established, and for existing services to operate, Associate Education Minister David Seymour says. The changes involve repealing the network approval provisions that apply when someone wants to establish a new early learning service, ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • RMA changes to cut coal mining consent red tape
    Changes to the Resource Management Act will align consenting for coal mining to other forms of mining to reduce barriers that are holding back economic development, Resources Minister Shane Jones says. “The inconsistent treatment of coal mining compared with other extractive activities is burdensome red tape that fails to acknowledge ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • McClay reaffirms strong NZ-China trade relationship
    Trade, Agriculture and Forestry Minister Todd McClay has concluded productive discussions with ministerial counterparts in Beijing today, in support of the New Zealand-China trade and economic relationship. “My meeting with Commerce Minister Wang Wentao reaffirmed the complementary nature of the bilateral trade relationship, with our Free Trade Agreement at its ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Prime Minister Luxon acknowledges legacy of Singapore Prime Minister Lee
    Prime Minister Christopher Luxon today paid tribute to Singapore’s outgoing Prime Minister Lee Hsien Loong.   Meeting in Singapore today immediately before Prime Minister Lee announced he was stepping down, Prime Minister Luxon warmly acknowledged his counterpart’s almost twenty years as leader, and the enduring legacy he has left for Singapore and South East ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • PMs Luxon and Lee deepen Singapore-NZ ties
    Prime Minister Christopher Luxon held a bilateral meeting today with Singapore Prime Minister Lee Hsien Loong. While in Singapore as part of his visit to South East Asia this week, Prime Minister Luxon also met with Singapore President Tharman Shanmugaratnam and will meet with Deputy Prime Minister Lawrence Wong.  During today’s meeting, Prime Minister Luxon ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Antarctica New Zealand Board appointments
    Foreign Minister Winston Peters has made further appointments to the Board of Antarctica New Zealand as part of a continued effort to ensure the Scott Base Redevelopment project is delivered in a cost-effective and efficient manner.  The Minister has appointed Neville Harris as a new member of the Board. Mr ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Finance Minister travels to Washington DC
    Finance Minister Nicola Willis will travel to the United States on Tuesday to attend a meeting of the Five Finance Ministers group, with counterparts from Australia, the United States, Canada, and the United Kingdom.  “I am looking forward to meeting with our Five Finance partners on how we can work ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Pet bonds a win/win for renters and landlords
    The coalition Government has today announced purrfect and pawsitive changes to the Residential Tenancies Act to give tenants with pets greater choice when looking for a rental property, says Housing Minister Chris Bishop. “Pets are important members of many Kiwi families. It’s estimated that around 64 per cent of New ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Long Tunnel for SH1 Wellington being considered
    State Highway 1 (SH1) through Wellington City is heavily congested at peak times and while planning continues on the duplicate Mt Victoria Tunnel and Basin Reserve project, the Government has also asked NZ Transport Agency (NZTA) to consider and provide advice on a Long Tunnel option, Transport Minister Simeon Brown ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • New Zealand condemns Iranian strikes
    Prime Minister Christopher Luxon and Foreign Minister Winston Peters have condemned Iran’s shocking and illegal strikes against Israel.    “These attacks are a major challenge to peace and stability in a region already under enormous pressure," Mr Luxon says.    "We are deeply concerned that miscalculation on any side could ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Huge interest in Government’s infrastructure plans
    Hundreds of people in little over a week have turned out in Northland to hear Regional Development Minister Shane Jones speak about plans for boosting the regional economy through infrastructure. About 200 people from the infrastructure and associated sectors attended an event headlined by Mr Jones in Whangarei today. Last ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Health Minister thanks outgoing Health New Zealand Chair
    Health Minister Dr Shane Reti has today thanked outgoing Health New Zealand – Te Whatu Ora Chair Dame Karen Poutasi for her service on the Board.   “Dame Karen tendered her resignation as Chair and as a member of the Board today,” says Dr Reti.  “I have asked her to ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Roads of National Significance planning underway
    The NZ Transport Agency (NZTA) has signalled their proposed delivery approach for the Government’s 15 Roads of National Significance (RoNS), with the release of the State Highway Investment Proposal (SHIP) today, Transport Minister Simeon Brown says.  “Boosting economic growth and productivity is a key part of the Government’s plan to ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Navigating an unstable global environment
    New Zealand is renewing its connections with a world facing urgent challenges by pursuing an active, energetic foreign policy, Foreign Minister Winston Peters says.   “Our country faces the most unstable global environment in decades,” Mr Peters says at the conclusion of two weeks of engagements in Egypt, Europe and the United States.    “We cannot afford to sit back in splendid ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • NZ welcomes Australian Governor-General
    Prime Minister Christopher Luxon has announced the Australian Governor-General, His Excellency General The Honourable David Hurley and his wife Her Excellency Mrs Linda Hurley, will make a State visit to New Zealand from Tuesday 16 April to Thursday 18 April. The visit reciprocates the State visit of former Governor-General Dame Patsy Reddy ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Pseudoephedrine back on shelves for Winter
    Associate Health Minister David Seymour has announced that Medsafe has approved 11 cold and flu medicines containing pseudoephedrine. Pharmaceutical suppliers have indicated they may be able to supply the first products in June. “This is much earlier than the original expectation of medicines being available by 2025. The Government recognised ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • NZ and the US: an ever closer partnership
    New Zealand and the United States have recommitted to their strategic partnership in Washington DC today, pledging to work ever more closely together in support of shared values and interests, Foreign Minister Winston Peters says.    “The strategic environment that New Zealand and the United States face is considerably more ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Joint US and NZ declaration
    April 11, 2024 Joint Declaration by United States Secretary of State the Honorable Antony J. Blinken and New Zealand Minister of Foreign Affairs the Right Honourable Winston Peters We met today in Washington, D.C. to recommit to the historic partnership between our two countries and the principles that underpin it—rule ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • NZ and US to undertake further practical Pacific cooperation
    Foreign Minister Winston Peters has announced further New Zealand cooperation with the United States in the Pacific Islands region through $16.4 million in funding for initiatives in digital connectivity and oceans and fisheries research.   “New Zealand can achieve more in the Pacific if we work together more urgently and ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government redress for Te Korowai o Wainuiārua
    The Government is continuing the bipartisan effort to restore its relationship with iwi as the Te Korowai o Wainuiārua Claims Settlement Bill passed its first reading in Parliament today, says Treaty Negotiations Minister Paul Goldsmith. “Historical grievances of Te Korowai o Wainuiārua relate to 19th century warfare, land purchased or taken ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Focus on outstanding minerals permit applications
    New Zealand Petroleum and Minerals is working to resolve almost 150 outstanding minerals permit applications by the end of the financial year, enabling valuable mining activity and signalling to the sector that New Zealand is open for business, Resources Minister Shane Jones says.  “While there are no set timeframes for ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Applications open for NZ-Ireland Research Call
    The New Zealand and Irish governments have today announced that applications for the 2024 New Zealand-Ireland Joint Research Call on Agriculture and Climate Change are now open. This is the third research call in the three-year Joint Research Initiative pilot launched in 2022 by the Ministry for Primary Industries and Ireland’s ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Tenancy rules changes to improve rental market
    The coalition Government has today announced changes to the Residential Tenancies Act to encourage landlords back to the rental property market, says Housing Minister Chris Bishop. “The previous Government waged a war on landlords. Many landlords told us this caused them to exit the rental market altogether. It caused worse ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Boosting NZ’s trade and agricultural relationship with China
    Trade and Agriculture Minister Todd McClay will visit China next week, to strengthen relationships, support Kiwi exporters and promote New Zealand businesses on the world stage. “China is one of New Zealand’s most significant trade and economic relationships and remains an important destination for New Zealand’s products, accounting for nearly 22 per cent of our good and ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Freshwater farm plan systems to be improved
    The coalition Government intends to improve freshwater farm plans so that they are more cost-effective and practical for farmers, Associate Environment Minister Andrew Hoggard and Agriculture Minister Todd McClay have announced. “A fit-for-purpose freshwater farm plan system will enable farmers and growers to find the right solutions for their farm ...
    BeehiveBy beehive.govt.nz
    1 week ago

Page generated in The Standard by Wordpress at 2024-04-18T23:00:46+00:00