It’s the kiwi way

Written By: - Date published: 8:41 am, February 22nd, 2019 - 74 comments
Categories: business, capital gains, capitalism, labour, national, nz first, Politics, tax - Tags:

Simon Bridges is the most tone deaf National leader since Donald Brash and will share one further similarity with him, he will never be Prime Minister.

Big call I know but I am prepared to make it now.

Essentially because his judgment is so awful.

Take for instance this tweet which matches his rhetoric on the issue:

It received the attention it deserved:

https://twitter.com/hurle_pool/status/1098397358054813696
https://twitter.com/nealejones/status/1098411081662230528

The burn was particularly strong in this one:

And the rich opinionated and irrational sector of the population made an appearance.

It is very sad that Simon should engage in doing his best to scare the bejeebers out of everyone, or at least his supporters. If he actually wanted to achieve something he would debate the detail.  Because I suspect there is going to be a big debate about if the CGT should apply to land only or to all capital.

Liam Dann has said this:

Is this Government going to bet it all on a comprehensive, once in a generation, tax revolution – one that affects nearly every New Zealander via KiwiSaver, small business and the family bach.

Or has it, in a political masterstroke, reset the dial on Capital Gains Tax to the extent that introducing a tougher regime targeting property investors now looks mild-mannered and relatively uncontroversial.

I’m inclined to think the latter.

Early days but comprehensive change will not be easy given the need to gain New Zealand First support and get past the next election.

I suspect that the Government may decide that a capital gains tax on everything is too difficult but of course a capital gains tax on land apart from the family home, easy to administer and quantify, should be introduced.  All that will be required is an extension to the current bright line test.  The system is in place.  In the future instead of having a period of time during which if land was sold tax would be paid there will now be a general expectation that tax will be paid on an increase in value unless it is the family home that has been sold.

And what do I think?

My father worked in a factory for most of his life, paid tax on his earnings and saved them for his retirement.  I have done something similar, worked at my law firm, and built up the good will in the expectation that I could eventually sell it and retire.

Seems to me completely fair that I should pay tax just as my father did.

74 comments on “It’s the kiwi way ”

  1. Kat 1

    Simon Bridges should take the Finance ministers advice this morning and quit the hyperbole. Lets have a balanced and meaningful discussion.

    Oh look a flying elephant……..

    • Anthony Rimell 1.1

      “Oh look a flying elephant……..”

      Don’t you mean “Oh look, a flying sausage……”?

    • soddenleaf 1.2

      Let’s get this straight, Lab-NZF-Greens will introduce new tax law that, should Nats win at the next election will have to repeal before it comes into effect. So nothing to see until its been enacted, second crossed fingers those effected adversely are too few and most don’t notice diddly change coz it wont have until into next term. So Bridges position isnt to pick the buts that they like, but to let the grand coalition of parties from left and right write the new tax system. Shockingly shortsighted at best, strategically dumb, but hey lots of people have brought into the narrative that a fair system exists now, with over priced homes, people sleeping in cars, family farms having to pay tax, the whole economy leveraged to extort non home owners and incentuvize non productive activities… yeah classic in national clueless economics.

  2. Muttonbird 2

    It’s a real gift to New Zealand that right at the time we are considering reforming the tax system we also have one of the most stupid, out of touch and doltish leaders of the opposition opposing those reforms.

    He attacked the TWG recommendations by saying the very wealthy will just “organise their affairs” in order to dodge it. That to me is such a weak position to be arguing from and totally ignores the concerns real people have about people ‘minimising their tax burden’.

    It reminds me of the talk from one of his mentors, Bill English, when he was caught ripping off the tax-payer when double-dipping on accomodation allowance. He too, without a trace of contrition, simply said he was ‘organising his affairs’.

  3. Robert Guyton 3

    medySci
    “A capital gains tax will mean people will have no incentive to follow their dreams, and then later sell that dream at a profit.”

    • Carol Pericfolini 3.1

      No it means a lot more people may be able to own a home, which is the biggest dream of most. Aspiring to own 80 is really not going to make you happy, but for someone living hand to mouth to save a deposit and being unable to buy a family home, one house would fulfill there dream.

    • John 3.2

      I wonder how people get on with no incentive to follow their dreams in places like Australia, UK, Canada,USA and most western European nations where they have a capital gains tax. Do they all immigrate to NZ?

  4. veutoviper 4

    Damn, I should have waited and posted here.

    At comment 9 under the “In Defense of taxing the family home” I posted audio of Amy Adams being interviewed by Espiner on Morning Report this morning on the Kiwi way of life where she got quite angry that Espiner mentioned the eight properties listed under her name in the 2018 Register of Pecuniary Interests. Apparently that is now down to six properties – diddums.

    My earlier comment also includes links to the 2018 Register that includes listings for each current MP of the property holdings they have declared as at 31 Jan 2018. (22019 Register will not be released until probably May.)

    Here is Bridges’ listing for 2018

    ” Hon Simon Bridges (National, Tauranga)

    1 Company directorships and controlling interests
    EHJ Property Limited – property investment

    6 Real property
    Family home (jointly owned), Mātua, Tauranga
    Apartment (in St Catherines Superannuation Scheme), Parnell, Auckland
    Apartment (in St Catherines Superannuation Scheme), Central Wellington
    Commercial property (owned by EHJ Property Limited), Central Tauranga

    7 Superannuation schemes
    Milford Asset Management KiwiSaver
    St Catherines Superannuation Scheme

    10 Creditors

    Bank of New Zealand – mortgages’

    [Note the numbers are the numbers of the questions/headings in the Register – not the numbers of properties, super schemes etc.]

    Property wise Bridges seems quite ‘poor’ compared to some of his Nat colleagues – check out David Bennett, David Carter etc

    • Kat 4.1

      National Party’s raison d’être is to protect their interests and keep Labour out of govt……by any means fair or foul and any cost to anyone but themselves.

    • infused 4.2

      Why are you lefties using this rubbish to diminish the impact of these stupid taxes? Helen owned 7 houses, probably more now. I bet current Labour MPs do as well.

      Trying to use this saying they have a vested interest is bullshit. It’s like the Spinoff article on the oil and gas report asking ‘who is funding you’. It’s bullshit.

      The fact is, the majority of these new taxes have massive implications. The housing ones aren’t actually that much of a concern to me, even owning multiple properties. The only one that stands out is the rural one, where over 4ha (if I recall) gets fucked.

      The bigger ones are the business impacts, shares in NZ and Australia, kiwisaver etc.

      • KJT 4.2.1

        Shares and Kiwi saver earnings are already taxed at you PIE, or personal tax rate.
        Simon lied!

        A real CGT is only going to make a difference to those that have avoided tax on investment income, mostly from land.

        • infused 4.2.1.1

          And that has been my argument for years. There was already a tax for this. People just avoided paying it.

          • Andre 4.2.1.1.1

            Do you mean avoided or evaded? There’s a difference. In the words of the hairdo from Ohariu, one is “legitimate avoidance”, the other is illegal.

          • KJT 4.2.1.1.2

            Evaded!

            It is obvious from the storm of protest, that many of the houses, farms and businesses, bought by these people don’t want to pay CGT, on were bought as speculative investments, intending to sell for untaxed CGT, not going concern businesses, or personal houses to live in.

            So many people admitting to breaking the law.

            I hope IRD investigators’ are taking names.

            Maybe we should just enforce the existing CGT, with a few jail terms?

      • Psycho Milt 4.2.2

        Helen owned 7 houses, probably more now. I bet current Labour MPs do as well.

        Were any of them so outraged at the thought of being taxed on the capital gain they’d receive from those properties that they declared it an “assault on the Kiwi way of life?” Because, otherwise their properties are irrelevant.

        • Kat 4.2.2.1

          That comment should have defused infused. Always room for a bit of psycho analysis.

          And whats that Bright-Line Test all about then…. not more “stupid taxes” is it.

      • Ed1 4.2.3

        Why does introducing a tax on increases in value for rural land have a different impact than for residential land? (It is of course only on increases in value after 2021, so it will have very little impact for some years). If businesses pay a little more tax that just changes the level of imputation credits passed on to shareholders with dividends – or have I missed something?

        • Lloyd 4.2.3.1

          Surely a capital gains tax will allow the aspirations of young kiwi farmers to buy land and run their own farms. If CGT drops the value of land sharemilkers will not be competing with investment companies for productive land. The average age of dairy farmers might stop rising.

  5. patricia bremner 5

    So Simon Is a Kiwi whose way of life will be changed by CTG. Funny that!! He must own a bit (Checked Parliamentary register) Compared to some he is moderately comfortable… Looking at Amy Adams!!

    Norm and I worked out that even if they put a tax on the family home when it is sold, we would not be personally affected.

    So what kind of bird does that make us? Tuis?? We thought “Gee” as they might start the tax at a different point, say 7 to 10 000. Wow we could be better off by 700 to a 1000 dollars each a year Wow!! Now that would change our lives!! No wonder Simon is so anti!! That attitude begins to make sense.

    Even if this tax was used to raise benefits pay essential services more, raise a climate change fund… it would make life more secure.

    Well done The Tax Working Group Well done indeed. We are having the necessary conversation at last.

    We need to let the Government know what we wee Tui/ Kiwis think lol, so the Kiwis like Simon with several nests don’t have all the say!!

  6. esoteric pineapples 6

    Tax free capital gains is to New Zealanders what guns are to Americans

    • greywarshark 6.1

      ep – ns
      LOL

      • cleangreen 6.1.1

        Well said EP
        “Tax free capital gains is to New Zealanders what guns are to Americans”

        We are very self centered greedy lot now since Egalitarianism died under neoliberal 1980’s.

  7. AB 7

    The guy with 80 homes who says CGT will hurt renters.
    Serious question – how come we have allowed this guy to have the capacity to hurt renters?

  8. Simon says: If CGT is introduced then people will head off to Australia in their droves. (or some similar words). Does he think Australia does not have a CGT?

  9. Stuart Munro 9

    I’m not sure Simon has worked out that having all the Gnat’s unsavoury friends identify themselves by writing columns on this issue is a vote loser yet.

    As for fighting it every step of the way, the Gnats haven’t been very supportive of any coalition policy to date, it’s almost as if Simon’s opposition is (gasp) ineffectual.

  10. Siobhan 10

    I had thought one of the ideas behind Capital Gains tax was to encourage investors to put their money into actual productive businesses rather than into an overvalued property market, not to mention a rental market that is so out of kilter with ‘market forces’ that we need to subsidise landlords via their customers, to the tune of $27 million a week in Accommodation Allowances.

    Surely Business would be behind this tax.

    Now is the time for our good friends with the wise heads at the Employers and Manufacturers Association to speak out….waiting…(not holding my breath)…but waiting….any moment now…

    • KJT 10.1

      Too many NZ businesses, are “Property investment”.

      Or start a pretend business with the intention of selling to a mug, for tax free gains, before it falls over.

  11. Andre 11

    I’ve said it before and I’ll say it again and again and again.

    New Zealand tax law says that if you buy an asset with the intention of selling it sometime in the future, you are liable for tax on any capital gain you make.

    However, when a property has been bought with the firm intention of resale you’ll have to pay tax on any profit from the sale. The intention to sell does not need to be the main reason for buying the property – it could be one of a number of reasons for buying.

    https://www.ird.govt.nz/property/property-selling/selling-property.html

    These muppets declaring their intention to increase rents because their investment properties will become liable for capital gains tax are implicitly also declaring that eventual sale was an important reason for the initial purchase of the property. Therefore they should be paying capital gains tax already under our current law. But that they are also declaring an intention to eventually evade the capital gains taxes they are properly liable for means that they should go straight onto the IRD’s big bad list of suspected tax evaders.

    • KJT 11.1

      I hope IRD , is taking names.

    • Craig H 11.2

      Thank you! Totally agree.

    • Sacha 11.3

      “they should go straight onto the IRD’s big bad list of suspected tax evaders”

      So they can be lovingly caressed with a wet bus ticket.

    • mikesh 11.4

      I agree that CGT should not be a reason for increasing rents, but I think that the tax should not be charged where the gain is merely incidental to the purpose of the investment. This would obviously let homeowners off the hook since the purpose of their investment is to provide accommodation for themselves and their families. However the same thing should apply to landlords who are just trying to provide themselves with regular rental income.

      • Craig H 11.4.1

        I fail to see how making a gain on the sale of an asset that was purchased for the purpose of renting it for income would be incidental to that purpose.

        People go into business to make money by any legal means, and consequently any money made by those means should be taxed the same way, whether income from normal operations or from a gain on the sale of assets.

        • mikesh 11.4.1.1

          If you can’t see how capital gain may be incidental then I’m afraid I can’t help you. I guess you either see it or you don’t.

          A capital gain is just an increase in the value of an asset. It can’t be income because a mere increase in value is not something you can remove from the asset and spend at your local supermarket.

          • Craig H 11.4.1.1.1

            It’s not incidental to operating a business because the primary purpose of a business is to make money, and making money as a gain on sale is as much making money as renting an asset out.

            It’s not income until the asset is sold, at which point the income can be calculated and taxed. Taxing theoretical income is a favoured idea of Gareth Morgan, but hasn’t made it into the TWG report.

            • mikesh 11.4.1.1.1.1

              The purpose of a business is not simply to make money, but to make money by manufacturing a product or providing a service. Selling its business premises for profit is not part of that purpose (except in the case of business set up to specifically deal in property). The property from which it operates is a disposition of that business’s capital, and it is reasonable that it should be allowed to maintain its capital, and not have it reduced through having to pay capital gains tax when that property is sold e.g. as part of a relocation.

  12. ianmac 12

    Some say Labour have lost the initiative over the narrative.

    But think back to the cunning Key plan to soften up for the sale of the Electricity. 2 or 3 years of debate and criticism but right on plan, action the sale. By that time the People had got used the idea and the fuss had worn itself out.
    So the predictable hyperbole from National will in the long term play into Jacinda’s hands – I hope.

    • Enough is Enough 12.1

      Yeah I agree this is straight out of the Key play book.

      The recommendations will be watered down a lot before the Government policy is announced.

      For example the marginal tax rate will not be applied. The Nats are crying loudly about that right now. Labour will pull the political masterstroke by ripping that criticism out from underneath them and introducing a rate of 15%.

  13. I agree about Simon- – he is incompetent and the best of them lol. That Twitter feed was ruthless lol. Everytime Simon opens his mouth the gnat vote drops yay.

  14. millsy 14

    To be honest. I prefer the ‘Kiwi way’ that existed before 1991.

    I say 1991 and not 1984 because that is when the cuts to all the welfare services and state housing kicked in.

  15. Tony Veitch [not etc.] 15

    A good time for the Coalition members with property portfolios to grab the moral high ground by coming out in favour of a CGT – as opposed to those rich pricks in the National party who are being seen as protecting the interests of the wealthy.

    • indiana 15.1

      I have to admit that I always have a giggle when I see comments like “protecting the interests of the wealthy” being attributed to solely a National party trait. Under Michael Cullen who introduced the concept of Loss Attributing Qualifying Companies – negative gearing in effect, taken up by many landlords and small business owners at the time – was Labour “protecting the interests of the wealthy then?

      When National came into power, that was one the first things removed that took away the ability of property investors from reducing their tax liability – that is perhaps why they never supported a CGT. Take away the mechanisms to reduce your taxable income, not introduce new ways to tax an income.

      • Incognito 15.1.1

        I think many LAQCs became LTCs and any losses could still be claimed in most cases. Don’t make it sound more noble than necessary and as far as property investment and speculation was concerned it certainly didn’t dampen the party mood.

  16. Ankerrawshark 16

    Point taken Indiana.

    I love the way Simon works so hard for the Labour Party….he and the guy with 80 rental properties who says he will increase rents if a cgt is brought in doing marvelous things to help NZders see the merit of the tax

  17. Sabine 17

    well, someone has to stand up for the poor and maligned much misunderstood Property Investors.
    National, desperately seeking friends.

    *edited cause typing, its hard work

  18. Observer Tokoroa 18

    Tax should be Simple

    I agree with Mathew Whitehead, that if you sell something that you own, A Tax should be paid.

    The Public is used to this. Everytime the family or single person goes shopping for food he dutifully pays GST. Upto 15% in Fact. A hefty amount. Particularly on low wage earners. John Key and Bill English loved that hike.

    Food, in the scheme of things is more immediately important than a Home. Pensioners who earn nothing, pay Tax fortnightly by Decree of the Government.

    On this basis, Selling a Home that a person owns, should expect to Pay a Tax. Just as a person who buys a Banana – or a Hair blower in a Super Market.

    Whether the Tax demanded is !5% or 30% is to be yet to be discussed. But food is very expensive in New Zealand. Except of course for the Wealthy.

    In summary, if you Buy something you pay Tax
    If you sell something (trade) , you pay Tax.

    That’s Life. It is also Fair.

    • indiana 18.1

      In Aus buyers pay stamp duty when buying a house or car, sellers pay nothing. They also have GST, but not on fresh fruit for example, so long as it is not packaged. I doubt very much that consumers buy loose apples as opposed to a bag of apple to avoid the GST. Is there any research that proves only wealthy (…and whatever definition there is for “wealthy”) people buy food.

      I’m a firm believer that the tax system in NZ is fair. How our government spends our taxes is not fair.

    • Sabine 18.2

      thank you for pointing out the obvious.

  19. Drowsy M. Kram 19

    If it’s the Kiwi way to own multiple houses, then why is there a housing shortage?

    Could it be that at least half of all Kiwis are not actually part of that Kiwi way of life?

    Let’s eliminate tax avoidance loopholes, and have custodial sentences for those that either evade tax or enable tax evasion. After all, that tax could be used to fund expensive cancer treatments (in the news of late), shore up gutted public health and education services, and foster community resilience.

    As such, I support this (summarised) proposal of the Tax Working Group:
    Give Inland Revenue extra resources for administration and enforcement.”

  20. peterlepaysan 20

    Maybe Simon uses the same tweet writers as Donald. They are equally stupid.

  21. Incognito 21

    The thing with a good dog-whistle is that it doesn’t wake up sleeping dogs but is only heard by (hard) working dogs like farm dogs and (hot) dogs like schnoodles who get invited to summer BBQs by their accountancy firms for a nice wee sizzler courtesy of tenants and taxpayers. When Simon plays the dog-whistle the noise is so stupefying that even poor possums plummet down to earth from their lofty Pōhutukawas.

  22. georgecom 22

    1. who is that invisible person standing in the middle of picture at the top?

    2. I have read comments from owners of multiple rental properties bemoaning how a CGT will cause a dearth of rental properties as owners sell up and exit rental ownership, and the losers will be those who cannot afford to buy a house.

    “Some investors, yet again the smaller ones, they get scared and they sell, so now you’re getting less and less properties that are available to rent, because people sell them, and it just makes it harder and harder for tenants.

    Ok, so will the owners of the rental properties just leave them empty? or burn them down? or will somehow the homes cease to exist? I suspect what will happen is that the homes will be sold. If the buyer is someone currently renting then, gosh, a rental home becomes available. So a rental is bought by say a family currently renting thus freeing up another rental property. So, the current housing stock doesn’t diminish, what we actually have is a churn of ownership and churn of renters between properties

    • Rapunzel 22.1

      I agree the “houses” do not “disappear”, hopefully some of the 30k in Auck that are said to be “empty” may come onto the market at the prices there ease.
      Will media ever challenge one of those saying there will be fewer rentals, not unless the “owners” make a point of living in more than one house.
      One of the problems does appear to be Air BNB or Book-a-Bach etc that seems to be something that keeps properties off the market for long-term accommodation though I know a “rental” owner in AUck with more than one property shying away from this so they go below the $70k cap for GST as “business” income. It seems in that case though they are also cheating the NZ tax payer via IRD with what is a comparatively “fair” rent but it is more or less being paid in cash and not through a written up tenenacy agreement.
      IRD needs more ability to monitor, at least we have a govt endeavouring to find a system that is fairer to all to tax “earnings”.

  23. Jetal 23

    Doesn’t the goodwill of a law firm walk out the door when the partner retires? Clients are free to go wherever they like so I hope you have a plan B for your retirement.

  24. Cinny 24

    simon keeps putting out new tweets re CGT….And he keeps getting slayed.

    It sure is inspiring to see so many switched on kiwi’s calling him out on his crap.

    https://twitter.com/simonjbridges/status/1099019492280037376

    Is it the Kiwi way to raise GST? Asking for a friend.”

  25. Observer Tokoroa 25

    The Wealthy Fretting

    You would think they are like Calves to the Abottior instead of being handsome men of lucky money and gain.

    Hear them howl. They expect to do nothing – and get paid thousands. They are a bunch of greedy ill informed humbugs supported by shoddy Accountants. Spoon fed by mommy and daddy and Billy English.

    If they don’t like Capital Gain Tax – they can get out of the Country as easy as buying a Ticket.

    After all, The wealthy in New Zealand are absolutely no loss to anyone.

    What is Fletchers now? What is Fonterra. What is fanny your Parnell Aunt.

    The Wealthy like Bill English have made sure that the large majority of up coming Kiwis will never afford a House. Makes you Sick.

    Poor lil Simom spluttering and screaming – and the darling trolls bellowing.. YUCK YUCK YUCK

    Unfortunately it is the “Kiwi Way” to allow $Billions to the existing wealthy and nothing to the rest of New Zealanders who do the Work. It is down right Inequality and it stinks to High Heaven.

    Biil English Tried to Bribe the wealthy by outrageos Tax cuts. Simom seems to want to do the same.

    Simom must be Trampled upon. He is A Marie Antoinette.

  26. vto 26

    Those who are anti-CGT are selfish..

    I say… if its good enough for them, it good enough for us

    and that means no income gains tax either.

    With a paper-run worker paying tax and a low-wage earner paying tax, watching other walk away with millions as a result of work-less capital gains tax-free makes us …….

    put it this way…..

    the two things aren’t even on the same planet…

    the anti-CGT have their heads on fucking Mars or something

    what a bunch of wankers

    they are happy to have us actually working and paying tax, while they do no work and pay no tax (capital appreciation is rarely a result of work)

    Ban income tax!!

  27. vto 27

    I say no more income gains tax either !!

    No more income tax

    No more income tax

    No more income tax

    It is an assault on the only workers in the land

  28. vto 28

    if there is to be no capital gains tax then neither should there be any income gains tax

Recent Comments

Recent Posts

  • Anzac Commemorative Address – NZ National Service, Chunuk Bair
    Distinguished guests -   It is an honour to return once again to this site which, as the resting place for so many of our war-dead, has become a sacred place for generations of New Zealanders.   Our presence here and at the other special spaces of Gallipoli is made ...
    BeehiveBy beehive.govt.nz
    4 hours ago
  • Anzac Commemorative Address – Dawn Service, Gallipoli, Türkiye
    Mai ia tawhiti pamamao, te moana nui a Kiwa, kua tae whakaiti mai matou, ki to koutou papa whenua. No koutou te tapuwae, no matou te tapuwae, kua honoa pumautia.   Ko nga toa kua hinga nei, o te Waipounamu, o te Ika a Maui, he okioki tahi me o ...
    BeehiveBy beehive.govt.nz
    10 hours ago
  • PM announces changes to portfolios
    Paul Goldsmith will take on responsibility for the Media and Communications portfolio, while Louise Upston will pick up the Disability Issues portfolio, Prime Minister Christopher Luxon announced today. “Our Government is relentlessly focused on getting New Zealand back on track. As issues change in prominence, I plan to adjust Ministerial ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • New catch limits for unique fishery areas
    Recreational catch limits will be reduced in areas of Fiordland and the Chatham Islands to help keep those fisheries healthy and sustainable, Oceans and Fisheries Minister Shane Jones says. The lower recreational daily catch limits for a range of finfish and shellfish species caught in the Fiordland Marine Area and ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Minister welcomes hydrogen milestone
    Energy Minister Simeon Brown has welcomed an important milestone in New Zealand’s hydrogen future, with the opening of the country’s first network of hydrogen refuelling stations in Wiri. “I want to congratulate the team at Hiringa Energy and its partners K one W one (K1W1), Mitsui & Co New Zealand ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Urgent changes to system through first RMA Amendment Bill
    The coalition Government is delivering on its commitment to improve resource management laws and give greater certainty to consent applicants, with a Bill to amend the Resource Management Act (RMA) expected to be introduced to Parliament next month. RMA Reform Minister Chris Bishop has today outlined the first RMA Amendment ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Overseas decommissioning models considered
    Overseas models for regulating the oil and gas sector, including their decommissioning regimes, are being carefully scrutinised as a potential template for New Zealand’s own sector, Resources Minister Shane Jones says. The Coalition Government is focused on rebuilding investor confidence in New Zealand’s energy sector as it looks to strengthen ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Release of North Island Severe Weather Event Inquiry
    Emergency Management and Recovery Minister Mark Mitchell has today released the Report of the Government Inquiry into the response to the North Island Severe Weather Events. “The report shows that New Zealand’s emergency management system is not fit-for-purpose and there are some significant gaps we need to address,” Mr Mitchell ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Justice Minister to attend Human Rights Council
    Justice Minister Paul Goldsmith is today travelling to Europe where he’ll update the United Nations Human Rights Council on the Government’s work to restore law and order.  “Attending the Universal Periodic Review in Geneva provides us with an opportunity to present New Zealand’s human rights progress, priorities, and challenges, while ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Patterson reopens world’s largest wool scouring facility
    Associate Agriculture Minister, Mark Patterson, formally reopened the world’s largest wool processing facility today in Awatoto, Napier, following a $50 million rebuild and refurbishment project. “The reopening of this facility will significantly lift the economic opportunities available to New Zealand’s wool sector, which already accounts for 20 per cent of ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Speech to the Southland Otago Regional Engineering Collective Summit, 18 April 2024
    Hon Andrew Bayly, Minister for Small Business and Manufacturing  At the Southland Otago Regional Engineering Collective (SOREC) Summit, 18 April, Dunedin    Ngā mihi nui, Ko Andrew Bayly aho, Ko Whanganui aho    Good Afternoon and thank you for inviting me to open your summit today.    I am delighted ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Government to introduce revised Three Strikes law
    The Government is delivering on its commitment to bring back the Three Strikes legislation, Associate Justice Minister Nicole McKee announced today. “Our Government is committed to restoring law and order and enforcing appropriate consequences on criminals. We are making it clear that repeat serious violent or sexual offending is not ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • New diplomatic appointments
    Foreign Minister Winston Peters has today announced four new diplomatic appointments for New Zealand’s overseas missions.   “Our diplomats have a vital role in maintaining and protecting New Zealand’s interests around the world,” Mr Peters says.    “I am pleased to announce the appointment of these senior diplomats from the ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Humanitarian support for Ethiopia and Somalia
    New Zealand is contributing NZ$7 million to support communities affected by severe food insecurity and other urgent humanitarian needs in Ethiopia and Somalia, Foreign Minister Rt Hon Winston Peters announced today.   “Over 21 million people are in need of humanitarian assistance across Ethiopia, with a further 6.9 million people ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Arts Minister congratulates Mataaho Collective
    Minister for Arts, Culture and Heritage Paul Goldsmith is congratulating Mataaho Collective for winning the Golden Lion for best participant in the main exhibition at the Venice Biennale. "Congratulations to the Mataaho Collective for winning one of the world's most prestigious art prizes at the Venice Biennale.  “It is good ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Supporting better financial outcomes for Kiwis
    The Government is reforming financial services to improve access to home loans and other lending, and strengthen customer protections, Commerce and Consumer Affairs Minister Andrew Bayly and Housing Minister Chris Bishop announced today. “Our coalition Government is committed to rebuilding the economy and making life simpler by cutting red tape. We are ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Trade relationship with China remains strong
    “China remains a strong commercial opportunity for Kiwi exporters as Chinese businesses and consumers continue to value our high-quality safe produce,” Trade and Agriculture Minister Todd McClay says.   Mr McClay has returned to New Zealand following visits to Beijing, Harbin and Shanghai where he met ministers, governors and mayors and engaged in trade and agricultural events with the New ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • PM’s South East Asia mission does the business
    Prime Minister Christopher Luxon has completed a successful trip to Singapore, Thailand and the Philippines, deepening relationships and capitalising on opportunities. Mr Luxon was accompanied by a business delegation and says the choice of countries represents the priority the New Zealand Government places on South East Asia, and our relationships in ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • $41m to support clean energy in South East Asia
    New Zealand is demonstrating its commitment to reducing global greenhouse emissions, and supporting clean energy transition in South East Asia, through a contribution of NZ$41 million (US$25 million) in climate finance to the Asian Development Bank (ADB)-led Energy Transition Mechanism (ETM). Prime Minister Christopher Luxon and Climate Change Minister Simon Watts announced ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Minister releases Fast-track stakeholder list
    The Government is today releasing a list of organisations who received letters about the Fast-track applications process, says RMA Reform Minister Chris Bishop. “Recently Ministers and agencies have received a series of OIA requests for a list of organisations to whom I wrote with information on applying to have a ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Judicial appointments announced
    Attorney-General Judith Collins today announced the appointment of Wellington Barrister David Jonathan Boldt as a Judge of the High Court, and the Honourable Justice Matthew Palmer as a Judge of the Court of Appeal. Justice Boldt graduated with an LLB from Victoria University of Wellington in 1990, and also holds ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Education Minister heads to major teaching summit in Singapore
    Education Minister Erica Stanford will lead the New Zealand delegation at the 2024 International Summit on the Teaching Profession (ISTP) held in Singapore. The delegation includes representatives from the Post Primary Teachers’ Association (PPTA) Te Wehengarua and the New Zealand Educational Institute (NZEI) Te Riu Roa.  The summit is co-hosted ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Value of stopbank project proven during cyclone
    A stopbank upgrade project in Tairawhiti partly funded by the Government has increased flood resilience for around 7000ha of residential and horticultural land so far, Regional Development Minister Shane Jones says. Mr Jones today attended a dawn service in Gisborne to mark the end of the first stage of the ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Anzac commemorations, Türkiye relationship focus of visit
    Foreign Affairs Minister Winston Peters will represent the Government at Anzac Day commemorations on the Gallipoli Peninsula next week and engage with senior representatives of the Turkish government in Istanbul.    “The Gallipoli campaign is a defining event in our history. It will be a privilege to share the occasion ...
    BeehiveBy beehive.govt.nz
    7 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
    7 days 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
    1 week 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
    1 week 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
    1 week 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
    1 week 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
    1 week 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 week 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 week 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 week 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
    1 week 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
    1 week 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
    1 week 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
    1 week 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
    1 week 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
    1 week 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
    1 week ago

Page generated in The Standard by Wordpress at 2024-04-25T12:39:36+00:00