web analytics

Just give it up

Written By: - Date published: 7:41 am, August 23rd, 2012 - 50 comments
Categories: privatisation - Tags:

The Nats’ asset sales are beset at all sides. The companies aren’t ready for sale. Their future revenue is too uncertain to attract investors. The Government would end up with more debt not less. New, hidden, fiscal costs keep on coming to light. Few New Zealanders want to buy the shares. Over 200,000 have signed a petition against the sales.

The Government is quietly admitting Mighty River won’t be sold this year.

Now, they’ve got to answer why they should be sold at all.

50 comments on “Just give it up ”

  1. You have to admire the gall of Rio Tinto in trying to leverage an even better electricity supply contract at a time where they must have known that any doubts raised would have a significant affect on the share market float.  I expect they thought the Government would cave in and agree to a sweetheart deal.  After all it has been done before.

    • tc 1.1

      I wouldn’t be surprised if that’s exactly what happens so Shonkey can blame that awesome free market with devaluing the entity making it even cheaper for the hollowmen to snap it up…yum yum.

      I’ll throw this out there but wouldn’t we as a country be better off in helping them pay out the workers to close it down and use that 15% back in the grid. This alleviates price pressure using the extra generation.

      I mean how much profit/tax does it pay into NZ not it’s parent offshore ?

      • Speaking of Rio Tinto, if there was ever a company that deserves the corporate death penalty, they’re up there. We should disestablish them in New Zealand and seize their assets.

    • vto 1.2

      Micky, nothing less could be expected from private business. They see an opportunity to take advantage of weakness in one of their suppliers and have leapt at it.

      Remember Tranzrail.

      It will be most interesting to see how these self-appointed master business negotiators will perform. Methinks they will not perform as the cards are already dealt.

      he he he Think I might go back to the right

    • toad 1.3

      In two minds on this one.

      If Rio Tinto were to close the Bluff smelter, Meridian would flood the electricity market with cheap power, its competitors would be poked, and the asset sales programme would have to be abandoned. That would be a good thing.

      The downsides are the impact on the Southland economy and jobs, and the fact that Rio Tinto would almost certainly build a replacement smelter somewhere else in the world and use coal to generate the electricity to power it.

      • Lanthanide 1.3.1

        “If Rio Tinto were to close the Bluff smelter, Meridian would flood the electricity market with cheap power, its competitors would be poked, and the asset sales programme would have to be abandoned. That would be a good thing.”

        One report I read on the matter said this wouldn’t be the case, because the electricity production would be “stranded”. Presumably this means there isn’t sufficient transmission lines to get it out of the area to the rest of the country. Of course why would there be – it was always envisioned that the smelter would be there for decades.

        • Lightly 1.3.1.1

          there’s a new transmission line going in that will mean manapouri can send its power up the country. it will significantly strengthen Meridian’s bargaining position.

          • Colonial Viper 1.3.1.1.1

            Nope. That new line will only have capacity to carry maybe 1/4 of what Tiwai point uses.

            And there is no demand for that extra electricity at night and at weekends anyway – Tiwai point runs 24/7 and NZ does not need that surplus power 24/7.

            • Kevin Welsh 1.3.1.1.1.1

              Then update the line for higher capacity and we help future-proof our supply. That along with improved building standards with regards to energy efficiency and insulation can only be good for this country.

        • toad 1.3.1.2

          According to Brian Fallow:

          While it is remote, the costs of upgrading the national grid to make Manapouri’s power available to the rest of the country would not be prohibitive. It is, in short, in no danger of being a stranded asset, were the smelter to close.

          And as the cheapest power available it would be dispatched.

          The tricky part to calculate is which, and whose, other generation assets would be crowded out and what the impact on wholesale electricity prices would be.

          • Colonial Viper 1.3.1.2.1

            The tricky part to calculate is which, and whose, other generation assets would be crowded out and what the impact on wholesale electricity prices would be.

            The awesomeness of this is that Rio Tinto’s push for even cheaper (free!) power is that it not only distresses Meridian’s sale prospects, it fucks over MRR and Genesis as well.

            I LOVE Rio Tinto!!!

        • Peter 1.3.1.3

          There are two 220kV lines that could get the power north to Roxburgh (and another line that will get it north to Dunedin) but it will require considerable grid reconfiguration. Not impossible on current assets. Another line would certainly help, or even better, an extension of the HVDC south to Invercargill or Roxburgh to allow for that power to be more easily used in the North Island.

          I still think that the economic benefit of using that power in NZ, for electrifying a large percentage of our transport is far greater than the loss of the smelter’s exports and jobs. After all, that’s a whole lot of oil we don’t need to import.

          • lcmortensen 1.3.1.3.1

            No grid reconfiguration is needed – many people think Manapouri and Tiwai are isolated from the rest of the grid, but they are connected to the grid at North Makarewa and Invercargill with lines heading north. All the upgrades to increase capacity on the lines north to the Waitaki Valley and the Benmore HVDC terminal are already approved – they just need to be constructed.

            • Peter 1.3.1.3.1.1

              The issue are the lines to Roxburgh – two single circuit 220kV lines. They can’t take all of the Manapouri load.

              • lcmortensen

                They are currently modifying the North Makarewa (Nth of Invercargill) – Three Mile Hill (Dunedin) – Roxburgh 220kV line to allow more power through northbound between Invercargill and Roxburgh in the short-to-medium term, but eventually they will need a new line (probably Invercargill area to Waitaki Valley direct, 220kV or 400kV)

    • infused 1.4

      I actually think they will be told to f*** off.

      • Colonial Viper 1.4.1

        I sure hope so, mate. In response Rio Tinto is likely to finalise a closing date for the plant and torpedo the sale of Meridian once and for all.

        • RJL 1.4.1.1

          Would Rio Tinto perhaps be thinking that if their actions depressed the value of Meridian sufficiently, then they could buy the Meridian shares cheaply, and thus subsequently negotiate a cheap electricity deal with themselves?

          • mickysavage 1.4.1.1.1

            That is such a scheming underhand cynical manipulation of a dominant market position that it may well be true!
             
            Whatever the motivation is this shows that Key and co are absolute chumps in dealing with the market and that the sale of these assets is a very, very silly idea.

            • tc 1.4.1.1.1.1

              Chumps or champs for their backers after a cheaper price ?

              It also shows what a bad deal for the consumer this whole industry is producing with a country of 4+ million people being run by big ego’s being paid far too much (heffernden) protecting their turf not the consumer.

              Recall the akl blackout in 97….still there’s no true redundancy in akl CBD 15 years later and I see patrick strange of transpower (former vector CEO) going on the front foot about it as it’s nearing completion but 15 years FFS !

    • DH 1.5

      I’m a bit bemused by this one. Rio Tintos argument is that the price of aluminium has fallen so they need to get their costs down or they’ll have to close the plant. Well hello?

      The first question here is why has the price of aluminium fallen? It’s not a raw material, it’s a manufactured product with a fairly fixed cost of production. Has the price fallen because other smelters are making it cheaper or is it because there’s a glut on the market?

      A quick Google finds the answers;

      http://www.china.org.cn/business/2012-06/18/content_25675077.htm

      They’re quoting Chinese producers paying 0.45 yuan for one kilowatt-hour of electricity which in $NZ is 8.7c. It’s been reported that Tiwai are paying 4.7c

      Seems pretty clear that Rio Tinto want a state subsidy to prop them up in the hope that the market sorts itself out again. Also seems clear that China is trying to dominate the aluminium market, squeezing competitors out by dumping stocks at below cost. Don’t we have an FTA with China?

  2. If I hear “Mum and Dad Investors” one more time, I’m going to go nuts. Who are these mum and dad investors? How many mums and dads actually invest like this, in companies like this? Surely, most mums and dads have managed funds rather than buy shares directly?! For me, the problem is that as much as we may want the assets to stay in the hands of these mysterious M&D investors, they simply won’t, because this demographic is made up, and does not invest like this. There must be studies on this somewhere…

    • toad 2.1

      In the case of the Contact Energy privatisation, there were 225,000 subscribers to the IPO. There are now only $80,000 shareholders – most of the Mums and Dads on-sold their shares to corporate investors.

      With the Government’s proposed asset sales this effect will likely be delayed by the “loyalty bonus” rort, but eventually the same thing will happen.

  3. Mary 3

    Does John Key still believe the election result gave him his “mandate”? Is his grasp on what democracy is still so shallow and superficial?

  4. captain hook 4

    kweewee never got a mandate.
    its just a word his spin doctor read in a dictionary of politics and it sounds good.
    I bet he never heard the word before someone told him so last year.
    a mandate is an overwhelming degree of support but the national party has never had that and never will.

  5. On the mandate issue: I didn’t vote for him, but I believe he did get a mandate. He said from day one that he was going to sell assets. Anyone that voted National (or its coalition partners) knew that, and they now have little complaint to what Key is doing. It’s smart politics in my view, he knew he was going to win easily in the last election, he prepared this asset sales thing very earlier on – “no asset sales in the first term”, was heard throughout the land. He knew what he was doing. I didn’t like it then, and I don’t like it now.

    • Mary 5.1

      Do you think the election result still means Key has that mandate? I’d say that even if it’s accepted that straight after the election he did have it, it’s since eroded away to pretty much nothing now. The point is there’s more to the creation of a “mandate” than an election result.

    • Draco T Bastard 5.2

      I didn’t vote for him, but I believe he did get a mandate.

      Nope, to have a mandate requires over 50% of voter support. National and friends got less than 50% and at least one of those friends didn’t campaign on selling NZ out.

    • Colonial Viper 5.3

      Total misuse of the idea of a “mandate”.

      Key has a mandate to lead an elected Government. And an elected Government is there to listen to the concerns of the people and respond to the voices of the citizens.

      It is not a 3 year dictatorship.

      He knew what he was doing. I didn’t like it then, and I don’t like it now.

      But you appear OK with bending over and taking it? Its a democracy, at least you can voice your concerns instead of defending Key’s bad decisions.

      • Fair comments. Maybe I should’ve used a different word than “mandate”. What I meant to say was that it was no surprise to anyone he was going to sell going into the election. He said he would, and that’s what he’s trying to do. I’m not defending him, by any stretch, I couldn’t be more opposed to asset sales. I guess all I’m saying is that anyone who voted for him has little right to complain that he’s now selling our assets – its not like they weren’t put on notice.

        • Colonial Viper 5.3.1.1

          Oh its no surprise he wants to sell them, and its no surprise people are going to be gutsy in order to stop him.

          I guess all I’m saying is that anyone who voted for him has little right to complain that he’s now selling our assets – its not like they weren’t put on notice.

          You are aware that you can vote for a party and still disagree with some of their policies, right?

    • tracey 5.4

      But you do so at the collective peril when the mainstay of their plan, and i use that word loosely, is to sell assets.

    • A mandate is not something you get, it’s something you keep, and there’s no guarantee that winning an election gets you a mandate for your policies, let alone allows you to keep it long enough to implement them. I still say that anyone shilling for the old “mandate to privatise” line has brought into spin so much that it would be pretty painful to untwist them.

      If the election had been substantially about privatisation on the right-wing side, (instead of about half-heartedly opposing it in the case of the Labour Party) then there might be an argument. But we didn’t even learn most of the generalities of the privatisation plan until after the election.

  6. MMP gave Key a mandate to do what he said the Nats would do.
    If you don’t like it scrap MMP.

    • Lanthanide 6.1

      Or, change the rules of MMP so it isn’t in National’s best interests to orchestrate tea parties.

      • prism 6.1.1

        Yes NACT should aim at champagne parties, at least NZ wines.

      • tracey 6.1.2

        anomolies will always exist, you cant change everything to deal with a very isolated situation.

        • Lanthanide 6.1.2.1

          Nor am I suggesting ‘everything’ should be changed. In fact I’m saying we should keep MMP and tweak it, Fortran was saying we should throw the baby out as well.

    • AmaKiwi 6.2

      MMP is not the problem. Elected dictatorships are. Under our system of one house, no binding referendums, and local bodies dis-empowered by Parliament, we have an elected dictatorships under both MMP and FFP.

      I would delighted if you would tells us how we, the voters, can place some restraints on parliament.

  7. UpandComer 7

    Doesn’t the situation with solid energy and AirNZ actually prove that these, like any other assets, are inherently risky? Therefore Russell Norman’s arguments about ‘guaranteed revenue’ are silly, and Bill is right?

    • Draco T Bastard 7.1

      They’re only risky if we sell them. If we keep them then they’re perfectly safe because a state service doesn’t have to make a profit.

  8. OneTrack 8

    How is the referendum going to reach the required 300000. It seems to have been “over 200000” for some time now.

    • Georgecom 8.1

      By people asking others to sign it, either as part of some co-ordinated activity or simply doing it by themselves. Over the past 2-3 week I have got 20 plus signatures simply passing the petition round places or leaving it lying round. Thats 20 more toward the 300,000 plus. A few hundred people leaving it ‘lying around’ translates to some thousands of signatures.

      The required number of signatures will be gathered.

    • Mary 8.2

      Don’t worry OneDimension, by the time all other elements of our constitutional democracy have been applied correctly (and you finally realise Shonkey’s precious “mandate” is no more) there’ll be plenty of signatures to go around, way more than 300,000 signatures. Don’t worry your one-track wee head, you’ll be fine.

Recent Comments

Recent Posts

  • Iwi receive Treaty Settlement adjustments
    An adjustment payment has been made to Waikato-Tainui and Ngāi Tahu under the relativity mechanisms in their 1995 and 1997 Treaty of Waitangi settlements, Minister for Treaty of Waitangi Negotiations Andrew Little announced today. Waikato-Tainui and Ngāi Tahu have received $93,000 and $88,000 respectively to ensure the value of their ...
    BeehiveBy beehive.govt.nz
    2 hours ago
  • One more day for border workers to get vaccinated; rates already above 98%
    New Zealand’s border workers have stepped up to help protect their whānau and fellow Kiwis, COVID-19 Response Minister Chris Hipkins said today.  As of this morning over 98% of the active border workforce have received at least one dose of the Pfizer COVID-19 vaccine, and 93% are fully vaccinated. “This ...
    BeehiveBy beehive.govt.nz
    2 hours ago
  • Govt delivers more wellbeing support to Rainbow young people
    The Government has increased its targeted mental health and wellbeing investment for Rainbow young people, taking the total amount of funding past its manifesto commitment. “Earlier this year the Government announced the first investment of $4-million specifically for Rainbow mental wellbeing initiatives aimed at young people – this has now ...
    BeehiveBy beehive.govt.nz
    5 hours ago
  • Government to transform Oranga Tamariki
    The Government has accepted all the recommendations of the Ministerial Advisory Board set up to provide advice on how to fix the child care and protection system, Kelvin Davis has announced. Decision making and resources to be shifted to communities, with children and whānau at the centre of the system ...
    BeehiveBy beehive.govt.nz
    6 hours ago
  • Government helps protect jobs and incomes for Arts and Culture sector
    The Government will provide a targeted support package of repriortised funding to protect jobs and incomes in the arts and culture sector as it faces the ongoing challenges of Delta, Minister for Arts, Culture and Heritage Carmel Sepuloni announced today. “As we continue to secure New Zealand’s economic recovery, we ...
    BeehiveBy beehive.govt.nz
    8 hours ago
  • Bill to transform drinking water safety passes
    The Government today passed legislation that will transform drinking water safety and improve environmental outcomes for our wastewater and stormwater networks. “The Water Services Act gives Taumata Arowai the legal authority to carry out its duties as New Zealand’s dedicated water regulator. This represents a major transformational advance for the ...
    BeehiveBy beehive.govt.nz
    19 hours ago
  • Trade and Export Growth Minister Damien O’Connor to travel to Europe and US to support economic re...
    Trade and Export Growth Minister Damien O’Connor will travel to Europe and the United States on Thursday this week to advance New Zealand’s trade and economic interests with key partners, including representing New Zealand at the G20 Trade Ministers’ Meeting in Italy. It follows recent engagement between Prime Minister Jacinda Ardern and ...
    BeehiveBy beehive.govt.nz
    22 hours ago
  • Asia New Zealand Foundation Chair and Board members announced
    Foreign Affairs Minister Nanaia Mahuta today announced the appointment of Dame Fran Wilde, DNZM, QSO, as the new Chair to the Board of the Asia New Zealand Foundation – Te Whītau Tūhono. “Dame Fran Wilde has been a trustee since 2019 and I am confident that her experience and deep ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Latest KiwiSaver Annual Report shows promising benefits for members
    The latest KiwiSaver Annual Report from the Financial Markets Authority (FMA), highlights how Government’s recent policy tweaks have positively benefitted New Zealanders, Commerce and Consumer Affairs Dr David Clark said today. “Fourteen people so far have withdrawn their funds early thanks to a rule modification made in March this year. ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Reasons for permitted travel across Alert Level boundary expanded
    From 11:59pm tonight additional reasons for permitted travel will be introduced for movement across the Auckland boundary, COVID-19 Response Minister Chris Hipkins says. “As this outbreak has shown Delta is highly transmissible, and in order to be confident of controlling its spread, restrictions at the Alert Level boundary have been ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Tenancy measures introduced to further support COVID-19 impacted businesses and tenants
    The Government has introduced changes to help ease the impacts of COVID-19 restrictions on both commercial and residential tenancies. As part of the COVID-19 Response Legislation Bill introduced to Parliament, measures are being taken to help businesses resolve disputes over commercial rent, as well as provide greater certainty for landlords ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Details of interest deductibility rules released
    The Government has released the draft legislation outlining the details of the policy limiting the deductibility of interest costs on residential property investments. Finance Minister Grant Robertson said the interest limitation proposals, announced in March, aim to stem investor demand for existing residential properties. They do not affect the main ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • GPS sets long-term direction for housing, urban development
    The Government has today laid out its long-term vision for housing and urban development in Aotearoa New Zealand, ensuring we have the infrastructure and homes needed to nurture thriving communities in the decades to come. The Housing Minister Megan Woods says the Government Policy Statement on Housing and Urban Development (GPS-HUD) ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Government welcomes collaboration between Vector and X
    A move by Vector to form a strategic collaboration with X, (formerly Google X) to work together on the virtualisation of the Auckland electricity grid highlights the type of innovation that can help decarbonise and decentralise the electricity system, says Energy and Resources Minister Megan Woods. “The visualisation of New ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • PM farewells Governor General Dame Patsy Reddy
    The Rt Hon Dame Patsy Reddy completes her five year term as Governor-General of New Zealand today. “Today marks the end of an eventful term of office for Dame Patsy and I want to acknowledge and thank her for her tireless service to New Zealand over the last five years,” ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Government delivers on improving health and equity outcomes for women
    ACC cover for maternal childbirth injuries Government working to improve and strengthen maternity services The Government is laying the foundations for a better future by improving equity and health outcomes for women through amending ACC legislation and an updated Maternity Action Plan. “Amongst a suite of changes, we’re proposing to ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Speech at launch of the Dementia Economic Impact Report
    E nga mana E nga reo E nga iwi Tēna kotou katoa Ka huri ki nga mana whenua o te rohe nei. Tēna koutou. He mihi hoki ki a tatou kua tau mai nei I raro I te kaupapa o te rā. No reira tēna koutou katoa Acknowledgements Thank you ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Backing world-class innovation in New Zealand
    $12 million Government investment to support cutting-edge R&D in New Zealand by international businesses Dawn Aerospace and Merlin Labs join Innovative Partnership’s Airspace Integration Trials programme MOU signed with Air New Zealand to conduct a nationwide feasibility study into sustainable aviation fuels The Government is propelling cutting-edge innovation through a ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • One-way quarantine free travel dates confirmed for RSE scheme
    From 4 October RSE workers from Vanuatu can begin arriving into New Zealand From 12 October RSE workers Samoa and Tonga from can begin arriving into New Zealand As part of a programme of work to reopen our borders and reconnect with the world, the Government has announced quarantine free ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • More community grants to support youth mental wellbeing
    The Government continues to make more mental health and wellbeing supports available to young people to ensure services are there when and where they need them, Health Minister Andrew Little says. “More than twenty community-led projects have now received a funding boost through The Youth Mental Wellbeing Fund to keep ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Self-isolation pilot to start with 150 people
    The goal of safely re-opening our borders and developing new ways for people to travel will start with a self-isolation pilot, COVID-19 Response Minister Chris Hipkins confirmed today. “As part of the Reconnecting New Zealanders plan announced in August, the self-isolation pilot will look at self-isolation for vaccinated travellers who ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Poroporoaki: Waka Joseph Nathan
    E Waka e, kei hea ra koe, kua ngaro nei i te iwi e, E kawe nei i ngā rongo, i ngā mahara mōu, i ngā wawata i hua mai i a koe. E Waka e, haere ra, kei te tuahu koe o te ati a toa, Kei poho tonu ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Canterbury school students get hands-on with food and fibre careers
    Secondary school students in Canterbury will have the breadth of food and fibre careers showcased to them thanks to a new initiative launched today, Agriculture Minister Damien O’Connor said. Secondary School Employer Partnerships (SSEP) Canterbury is a collaboration between the Ministry for Primary Industries and SmartNZ, a charitable trust that connects ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Tuvalu language revival and COVID-19
    Te Vaiaso o te Gana Tuvalu 2021 - Tuvalu Language Week moves online due to the uncertainty around COVID-19 said the Minister for Pacific Peoples Aupito William Sio.  “However it is a timely reminder of the power of embracing both traditional and new ways of doing things. It has been ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Strengthened reporting will improve abortion and sterilisation services
    Associate Minister of Health Dr Ayesha Verrall has announced new data and reporting regulations which will help improve abortion and sterilisation services in New Zealand, by painting a clearer picture of the need in our communities. “The Government is committed to ensuring everyone who needs to access abortion services can, ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • United Nations General Assembly: 76th General Debate Statement
    E ngā Mana, e ngā Reo, Rau Rangatira mā o tēnei Whare Nui o te Ao Prestigious people, Speakers of note, Chiefs one and all of this General Assembly Ngā mihi mahana ki o koutou katoa, mai i toku Whenua o Aotearoa Warm greetings to you all from my home ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • APEC 2021 Women and the Economy Forum prioritises women’s economic empowerment
    Minister for Women Jan Tinetti today chaired the virtual APEC 2021 Women and the Economy Forum, which is working to address outstanding issues for women and girls across the region as it recovers from the COVID-19 pandemic. The forum brought together Ministers and representatives from 21 economies to discuss gender ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Government invests in restoring iconic South Canterbury river valleys
    The Government is investing up to $18.4 million over four years to create jobs and help restore braided river valleys, alpine and pastoral lands in the South Island as part of its Jobs for Nature programme Land Information Minister, Damien O’Connor announced. Toitū Te Whenua Land Information New Zealand (LINZ) ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Upper Hauraki to move to Alert Level 2
    Upper Hauraki will move to Alert Level 2 from 11:59pm tomorrow, 25 September, COVID-19 Response Minister Chris Hipkins confirmed today. After positive cases were detected in the Upper Hauraki area on Sunday, extra Alert Level restrictions were put in place to immediately prevent any wider transmission of the virus.  “We’ve ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Report into Aotearoa New Zealand’s export controls system released
    Foreign Affairs Minister Nanaia Mahuta today welcomed the findings of an independent review into Aotearoa New Zealand’s export controls system, which regulates the export of goods to foreign militaries, police forces or paramilitaries. Produced by David Smol, a former Chief Executive of the Ministry of Business, Innovation and Employment, the ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • New District Court Judge appointed
    Attorney-General David Parker has announced the appointment of Brett Crowley of Wellington as a District Court Judge.  He is currently the Wellington Public Defender and started his career as a staff solicitor working in a range of litigation including criminal defence work. He went to the bar in 1999 specialising ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Mental health stocktake shows strong progress
    The first report of the Government’s Implementation Unit has found strong progress has been made since the Mental Health and Addictions Package was announced in 2019. “The report notes most initiatives funded in the Budget 2019 package are on track to deliver what is expected by 2023/24,” Grant Robertson said. ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Working together to grow the West Coast
    A project that has been crucial in allowing businesses to continue during the tourism downturn is among a number of initiatives to receive a boost from the Government’s Jobs For Nature programme, Conservation Minister Kiri Allan says. Sustaining South Westland is an extension of an initiative set up last year ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Next steps to improve safety in wake of Whakaari White Island tragedy
    The Government is moving to improve safety in light of the Whakaari White Island tragedy and has released proposals to reinforce safety standards in registered adventure activities. The package of proposals includes: Strengthening requirements for how operators, landowners and the regulator manage natural hazard risks Improving how risks are monitored, ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • New Zealand donates more COVID-19 vaccines to COVAX and the Pacific
    Foreign Affairs Minister Hon Nanaia Mahuta and Associate Health Minister Aupito William Sio announced today that New Zealand is donating additional Pfizer vaccines to the Pacific and AstraZeneca vaccines to the COVAX Facility, to support equitable access to COVID-19 vaccines. “New Zealand is donating 708,000 doses of the AstraZeneca COVID-19 vaccine ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Speech to the Property Council of New Zealand
    Kia ora koutou katoa   Is it a pleasure to be able to speak with you today, and to be able to answer some questions you may have. I would like to acknowledge the organisers of this event, the Property Council. The theme of this year’s conference is City Shapers. Together ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Additional MIQ for Christchurch
    An additional hotel will be added to our network of managed isolation and quarantine facilities, COVID-19 Response Minister Chris Hipkins said today. “I have approved and Cabinet is in the final stages of signing off The Quality Hotel Elms in Christchurch as a new managed isolation facility,” Chris Hipkins said. ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • NZ COVID-19 response earns another major digital investment
    Minister for the Digital Economy and Communications Dr David Clark welcomes Amazon’s Web Services’ (AWS) decision to establish a Cloud Region on New Zealand shores, further boosting New Zealand’s growing digital sector, and providing a vote of confidence in the direction of New Zealand’s economic recovery. “Amazon is the second ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • New Zealand invests in cutting edge cancer R&D
    Scaling up the manufacture of CAR T-cell cancer therapy for clinical trials Advancing New Zealand’s biomedical manufacturing capability Supporting future international scientific collaborations Transforming cancer care with targeted, affordable solutions Research, Science and Innovation Minister Hon Dr Megan Woods has announced that the fight against COVID-19 will not stop the ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Expert group appointed to lead New Zealand’s future health system
    An outstanding group of people with extensive and wide-ranging governance and health experience have been appointed to lead the Māori Health Authority and Health New Zealand, Health Minister Andrew Little says. “This Government is building a truly national health system to provide consistent, high-quality health services right across the country. This ...
    BeehiveBy beehive.govt.nz
    6 days ago