Key backs the underdog

Written By: - Date published: 1:39 pm, March 4th, 2008 - 24 comments
Categories: assets, john key, national - Tags: , ,

The latest Newsroom story [subscription only] about the Government’s move to protect Auckland International Airport from sale to the Canadian Pension Fund reports Labour is taking National to task on the issue of their support.

Prime Minister Helen Clark is challenging National to state its position on strategic assets sales after the Government stepped in to effectively place Auckland International Airport beyond the reach of foreign control.

Interestingly John Key’s first response is to speak out on behalf of his former master – the market.

The Government should have made its intentions clear much sooner and the move did not inspire much confidence in the capital markets

A little bird told me that in a recent meeting with business leaders National’s deputy leader Bill English was challenged on what made National different to Labour. His answer was simple:

Industrial relations and privatisation.

I’d say Labour has just made it a little harder for them to move on the second part of that agenda. Poor old capital markets.

Update: National has responded by calling the decision “political opportunism” and then trying really hard to sit on the fence. It seems John Key is willing to tell us whatever we want to hear. Well, most of the time. Just don’t ask him to speak against the market.

24 comments on “Key backs the underdog”

  1. John Key is right, the Government has no right to interfere with the markets and he is also right this is going to have a negative effect.

    I just feel so sorry for the tens of thousands of New Zealanders who lost hundreds of thousands of dollars today.

    IrishBill says: you mean the small handful of people who stood to gain at the expense of New Zealand control of our main airport.

  2. James Kearney 2

    Tens of thousands of New Zealanders lost hundreds of thousands of dollars? You might want to rework your sums Brett. Or you could stop bowing down and worshiping capital markets as a force above democratic control.

  3. BeShakey 3

    In what sense does the government have no right? Legally they have the right. Constitutionally they have the right. They have a public mandate (from Election 2005). They have significant popular support for the move.

    The only way someone could possibly think they don’t have the right is by subscribing to some extreme right wing market ideology that says it is morally wrong to interfere in the market. Such a view is both wrong, and rejected by the vast majority of voters.

  4. the sprout 4

    “Government has no right to interfere with the markets”

    you poor boy. a Government’s job is to make sure markets serve citizens, not the other way around.

  5. Steve Pierson 5

    Brett. It’s a paper loss you’re talking about. Hey, since 10am this morning those tens of thousands of kiwis have seen their shares increase in value 10%! Wow,’I just feel so happy for the tens of thousands of New Zealanders who made hundreds of thousands of dollars in the last few hours’

  6. Steve Pierson 6

    Government interference makes markets possible.

  7. the sprout 7

    “John Key is right, the Government has no right to interfere with the markets”

    “the small handful of people who stood to gain at the expense of New Zealand control of our main airport”

    “In what sense does the government have no right? Legally they have the right. Constitutionally they have the right. They have a public mandate”

    “a Government’s job is to make sure markets serve citizens, not the other way around”

    “Government interference makes markets possible”

    Somehow this just doesn’t sound like the Herald 😉

  8. James Kearney 9

    Classic aye. Bruce Sheppard isn’t much better:

    http://www.stuff.co.nz/blogs/stirringthepot/2008/03/04/another-asset-theft/

    Why are the two blogs Stuff links to on its front page written by right wing loons?

  9. Yeah, I left this comment on Hickey’s blog:

    Oh whine, whine, whine. New Zealand is the second best country in the world to do business in according to the World Bank and you complaining fools have just had a 3% corporate tax cut and still you whinge like little babies. Here’s a newsflash you retards: your freemarket interests are not the be-all and end-all. If you don’t like it piss off to Singapore (the only country that rates higher for ease of doing business) or better yet Somalia (I hear they’ve got very small government there). We’re sick of you.

    I expect they’ll delete it but the self importance of big money and its cheerleaders drives me nuts!

  10. the sprout 11

    hear hear robinsod

  11. out of bed 12

    Finally a true Labour Government inititive
    Lets have some lefty legislation around employment contracts whilst we are in this mood
    Take it to the Nats, expose them for what they really are

  12. Oh dear. You guys miss the point, just like Telecom and Air new Zealand Auckland Airports shareholders have just seen an enormous amount wiped from their value by a history teacher.
    Private property rights are sacrificed yet again for cullens unique brand of socialism.
    The telecom theft is the best example, imagine the govt wats to build a road through half your house. Under fair circumstances you would expect to be compensated for this loss of possesion.
    Under labour and with regard to Telecom, labour have taken half your house and made you pay for the road that now lives where your kitchen used to be.

    Just as well though because I would hate it if those damned Canadians with their bacon and flip topped heads took our beloved airport to montreal.
    And Rob, calling somebody’s private property “free market interests” does not lessen the impact on loss of value in the share price for those people “Kiwis or otherwise” caused by the history teacher.

  13. DS 14

    “Under labour and with regard to Telecom, labour have taken half your house and made you pay for the road that now lives where your kitchen used to be.”

    Oh my heart absolutely bleeds for that poor downtrodden Telecom. Allowed to get away with blue murder for a good decade and a half, then warned repeatedly to clean up their act but ignored the warnings. What a damn shame karma’s come back to bite their vile little corporate backsides.

    If you’re going to complain about Telecom’s loss of property rights, what about the privatisation in the first place? NZ had their property (state assets) flogged off at fire sale prices without their consent. The Telecom sale was opposed by 90% of NZers. But hey, satisfying a warped ideology and fat cat donors comes first, right?

  14. The telecom theft is the best example, imagine the govt wats to build a road through half your house. Under fair circumstances you would expect to be compensated for this loss of possesion.

    Bill, I’ve spoken with a fair few business people about Telecom and regulation, and I can assure you that virtually none of them (Roger Kerr was the exception) wanted to sacrifice their ability to compete in the real world to an abstract idea of property rights. When it comes to telecommunications, everyone’s a socialist …

  15. the sprout 16

    when it comes to any strategic infrastructure, anybody who’s sane is a socialist

  16. property rights as an abstract idea, tell me Russell were any of these business people shareholders in Telecom. Thought not.

  17. DS, I suspect your 90% comment was plucked straight from your arse which is fitting really because the rest of your comment stinks.
    The company was sold by a govt that included Clark, Cullen and Goff.
    And it is not Telecom’s loss of property rights you numpty. It is the shareholders who have had billions of dollars of value stripped by an ideologically bankrupt govt. If they want to nationalise then they should pay.

  18. Pascal's bookie 19

    Bill, While it is true of course that the shareholders have taken a paper hit, part of the price of the shares was a reflection of the Canadian bid. The bid was controversial.

    Some investors wanted to take advantage of the bid and the controversy for a quick profit. This carried a risk.

    Other people have been buying cheap AK airport shares today because fraidy cat traders who were counting on the bid to make their profit for them, (rather than the future earnings of the airport), didn’t want to hold on to their shares. That’s why the price went down, it’s a market thing. Anyone who sold their shares today did so voluntarily, Cullen didn’t make them realise a loss or anything remotely similar. They did it to themselves if they did in fact realise a loss.

    But you know all that.

    Government action is always a risk. Even on Wall Street. Name a country that has not had share prices affected by Govt action and I’ll name you a place you would’nt want to take the family on holiday.

    Incidentaly I saw today that a bunch of Wall streeters got themselves up to 60% pay increases, and $US2.3M in retention bonuses. Their company didn’t want to lose those execs in these troubled times.

    These expensive chaps had overseen a u drop in their shareholders value over the last year, based on their voodoo investments in debts that no-one can put a value on.

    I’d say that they are bigger wealth destroyers than Cullen, (though they completely outclassed by the GOP, who are the all time champion wealth eaters IMHO). And there they are being rewarded for it by those damn Wall Street bank socialists. Moral Hazard is for solo mums apparently.

  19. Pascal's bookie 20

    ” had overseen a u drop in their shareholders value over the last year”

    and other typo’s

  20. Pascal's bookie 21

    Try again, that infernal U should read “seventy five per cent”

  21. DS 22

    “DS, I suspect your 90% comment was plucked straight from your arse”

    Reference: M. Russell, Revolution: New Zealand from Fortress to Free Market, Auckland, 1996, pp.211-212.

    Own goal there, mate.

    “which is fitting really because the rest of your comment stinks.”

    How nice.

    “The company was sold by a govt that included Clark, Cullen and Goff.”

    And a government that was thrown out of office in the largest landslide in modern political history. Because, you know, NZers really don’t like it when a government shafts people in order to suck up to corporates.

    “And it is not Telecom’s loss of property rights you numpty.”

    Oh but it is. Unbundling permitted competitors to use Telecom’s copper wire infrastructure (i.e. its property). But then what do I know? I’m just a “numpty”.

    “It is the shareholders who have had billions of dollars of value stripped by an ideologically bankrupt govt.”

    You mean the same shareholders who had previously been raking in huge truckloads of dough at everyone else’s expense? How tragic.

    “If they want to nationalise then they should pay.”

    It’s not a matter of nationalisation (I’d personally love to nationalise Telecom, it’s too expensive to do so now), but rather regulating to ensure that major strategic assets are operating in the interests of New Zealand and the New Zealand economy.

  22. insider 23

    If Auckland airport is so strategic, then why are the westies talking about building a competing airport at whenuapai? Surely you can’t replace a strategic asset, does that mean alternative airports can’t be built? And what does this do to those westie plans?

  23. Draco TB 24

    Oh dear. You guys miss the point, just like Telecom and Air new Zealand Auckland Airports shareholders have just seen an enormous amount wiped from their value by a history teacher.

    No they didn’t. They can’t have been worth that much to begin with or the price wouldn’t have dropped. As Adam Smith said in his Wealth of Nations (paraphrased) ‘monopolies generate supernormal profits and because of this they get more money thrown at them which artificially inflates their value. When competition is brought in, or some other regulation which prevents such profits, their share value will drop.’

    If Auckland airport is so strategic, then why are the westies talking about building a competing airport at whenuapai?

    They’re not talking about building one but using the existing one once it drops from being a defence asset. Airports are strategic in that they’re a gateway into the country so it doesn’t matter how many you build (not that you can go around building them willy nilly as they do take up a huge amount of room).

Links to post

Recent Comments

Recent Posts

  • CTU speech – DPM
    Ladies and gentlemen, NZCTU President Richard Wagstaff, members of respective unions – thank you for the invitation to speak to you today. This might be preaching to the choir, but the importance of trade unions in New Zealand’s historical arch is difficult to understate. And it is my belief that ...
    BeehiveBy beehive.govt.nz
    19 hours ago
  • Police Association Annual Conference
    "Let’s start by acknowledging that it has been a huge year. " Police Association Annual Conference James Cook Grand Chancellor Hotel Wellington Nau mai, haere mai. Tēnā koutou, tēnā koutou, ka nui te mihi, ki a koutou katoa. President of the Police Association, Chris Cahill; Members of the Association and ...
    BeehiveBy beehive.govt.nz
    20 hours ago
  • New Zealand announces a further P-3 deployment in support of UN sanctions
    Minister of Foreign Affairs Winston Peters and Minister of Defence Ron Mark have announced the New Zealand Government’s decision to again deploy a Royal New Zealand Air Force P-3K2 (P-3) maritime patrol aircraft to support the implementation of United Nations Security Council (UNSC) resolutions imposing sanctions against North Korea. New ...
    BeehiveBy beehive.govt.nz
    23 hours ago
  • New Zealand deeply concerned at developments in north-east Syria
    Foreign Affairs Minister Winston Peters says New Zealand continues to have serious concerns for peace and stability in north-east Syria. “Recent reports that hundreds of ISIS-affiliated families have fled from a camp are deeply concerning from a humanitarian and security perspective”, Mr Peters says. “While we acknowledge Turkey’s domestic security ...
    BeehiveBy beehive.govt.nz
    23 hours ago
  • Government on high alert for stink bugs
    Biosecurity Minister Damien O’Connor is warning travelling Kiwis to be vigilant as the high-season for the crop-eating brown marmorated stink bug (BMSB) is under way. “We’re on high alert to stop BMSB arriving in NZ. The high season runs until April 30 and we’ve strengthened our measures to stop stink ...
    BeehiveBy beehive.govt.nz
    24 hours ago
  • Better protections for students in halls of residence
    The Government is moving swiftly to change the law to improve the welfare and pastoral care of students living in university halls of residence and other tertiary hostels. Cabinet has agreed to several changes, including creating a new mandatory Code of Practice that sets out the duty of pastoral care ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • New trapping guide for community and expert trappers alike
    The Minister for Conservation Eugenie Sage has launched a new comprehensive trapping guide for community trappers to help them protect our native birds, plants and other wildlife, at Zealandia in Wellington today. ‘A practical guide to trapping’, has been developed by the Department of Conservation (DOC), and was launched during ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Widening Access to Contraceptives Welcomed
    Associate Health Minister Julie Anne Genter welcomes PHARMAC’s move to improve access to long-acting reversible contraception (LARCs). PHARMAC has today announced it will fund the full cost of Mirena and Jaydess for anyone seeking long term contraception, lifting previous restrictions on access to Mirena. “I welcome women having greater choices ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Major upgrade for Taranaki Base Hospital
    The Government has approved the next stage of a major redevelopment of Taranaki Base Hospital, which will deliver new and improved facilities for patients. Health Minister Dr David Clark has announced details of a $300 million dollar project to build a new East Wing at the New Plymouth hospital. It ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Extra support for rural families
    Extra funding will allow Rural Support Trusts to help farming families, says Minister for Rural Communities and Agriculture Damien O’Connor. “I know that rural families are worried about some of the challenges facing them, including the ongoing uncertainty created by the Mycoplasma bovis outbreak. “Those concerns sit alongside ongoing worries ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Howard Leaque Beekeeper programme graduation
    Thank you for the opportunity to be here to present certificates to the 16 graduates who have completed a beekeeping course delivered by the Howard League.  Let us start by acknowledging Auckland Prison’s Deputy Prison Director Tom Sherlock, and Acting Assistant Regional Commissioner of Corrections Northern Region Scott Walker - ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Finance Minister to attend APEC meetings
    Finance Minister Grant Robertson leaves this weekend to attend the APEC Finance Ministers meeting in Santiago, Chile. Discussions between APEC Finance Ministers at the meeting will include the effects of the current global economic uncertainty, risks for APEC economies and sustainable development of the region. While at APEC Grant Robertson ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Pacific languages are a source of strength, they ground us and build confidence
    The Minister for Pacific Peoples Aupito William Sio says for Pacific people, language can be a source of strength. It can help ground us and give us confidence. When we speak them, our languages provide us with an immediate and intimate access to our identity and our story - and ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Major boost to support disabled people in sport and recreation
    The Coalition Government has announced an action plan to improve the wellbeing of disabled New Zealanders by addressing inequalities in play, active recreation and sport. The initiative includes training to develop a workforce that understands the needs of children and young people with a range of impairments, advocacy for fit ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • More prefab homes to be built as red tape cut
    The construction sector is being freed up to allow more homes to be built more quickly as the Government cuts through some of the red tape of the Building Act.  “Every New Zealander deserves a warm, dry, safe home and old inefficiencies in the Building Act make building slow and ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Further details of Prince of Wales and Duchess of Cornwall visit to New Zealand
    Prime Minister Jacinda Ardern has welcomed further details on the Prince of Wales and Duchess of Cornwall’s visit to New Zealand next month. Their Royal Highnesses will visit New Zealand from 17-23 November – their third joint visit to New Zealand and first in four years. They arrive in Auckland ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • O’Connor in Thailand to push for RCEP deal
    Minister of State for Trade and Export Growth and Minister of Agriculture, Damien O’Connor, heads to Thailand today to attend the final Regional Comprehensive Economic Partnership (RCEP) Ministerial meeting, as negotiations enter their final stages. “The RCEP Agreement would anchor New Zealand in a regional agreement that covers 16 countries, ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Young Pacific people can access earning and learning opportunities in Hawke’s Bay, Otago and South...
    Pacific young people living in the Hawke’s Bay, Southland and Otago regions will have access to support services that have proved successful in helping young people find new earning and learning opportunities. “Tupu Aotearoa is about changing Pacific young peoples’ lives. Our young people are talented, they are smart, they ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Protecting wellbeing – ACC HQSC Trauma Forum
    Introduction As the Minister for ACC I thank you all for the work that you do supporting New Zealanders in their literally most vulnerable moments. From those who hold people’s lives in their hands, to the people who research technique, technology and trends, your work is highly valued. A special ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • NZ economy in good shape – notes prepared for speeches in Christchurch
    Notes prepared for speeches in Christchurch – Wednesday 9 October 2019 Today’s topic, “trends and opportunities for the New Zealand economy,” is certainly one getting a great deal of commentary at the moment. Looking across the media landscape lately you’ll notice we aren’t the only ones having this discussion. There ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • World Mental Health Day a reminder of the importance of mental health work
    Minister of Health Dr David Clark and Associate Minister of Health Peeni Henare say this year’s World Mental Health Day theme is a reminder of why the Government’s work on mental health is so important. “This year the World Federation for Mental Health has made suicide prevention the main theme ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Cultural Ministers Meeting
    Associate Arts, Culture and Heritage Minister Carmel Sepuloni will represent the government at Australia’s Meeting of Cultural Ministers in Adelaide this week. “This year’s meeting is special because New Zealand is expected to become an International Member of the Meeting of Cultural Ministers at this Australian forum,” Carmel Sepuloni said. “The meeting is an opportunity to ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • 608 claims resolved by GCCRS in first year
    The Greater Christchurch Claims Resolution Service has resolved 608 insurance and EQC claims in its first year in operation, Minister Megan Woods has announced. The government service, which celebrates its first birthday today, provides a one stop shop to help Cantabrians still battling to get their homes repaired or rebuilt ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • NZ economy in good shape
    Today’s topic, “trends and opportunities for the New Zealand economy,” is certainly one getting a great deal of commentary at the moment. Looking across the media landscape lately you’ll notice we aren’t the only ones having this discussion. There has been an increasing amount of attention paid to the outlook ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • NZTA to refocus on safety following review
    The Government is acting swiftly to strengthen NZTA’s regulatory role following a review into the Transport Agency, and Ministry of Transport’s performance as its monitor, Transport Minister Phil Twyford said today. An independent review by Martin Jenkins has found NZTA failed to properly regulate the transport sector under the previous ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Joint Cooperation Statement on Climate Change between the Netherlands and New Zealand
    The Netherlands and New Zealand have a long-standing and close relationship based on many shared interests and values. We value the rule of law, our democracies, and multilateralism.  And we value our environment – at home and globally. Right now there are major global challenges in all of these areas – ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government putting right Holidays Act underpayment in Health
    The Government is putting right a decade’s worth of underpayment to nurses, doctors and other health workers, says Health Minister Dr David Clark.  Initial sampling of District Health Boards payroll records has found that around $550-$650 million is owed to DHB staff to comply with the Holidays Act. It’s expected ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government accounts show strong economy
    A strong surplus and low debt show the economy is performing well, and means the Government is in a good position to meet the challenges of global economic uncertainty. “The surplus and low levels of debt show the economy is in good shape. This allows the Government to spend more ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Ministers approve application to expand Waihi mine
    New applications from mining company OceanaGold to purchase land in Waihi for new tailings ponds associated with its gold mines have been approved. Minister of Finance Grant Robertson and Associate Minister of Finance David Parker considered the applications under the Overseas Investment Act. Earlier this year, applications from OceanaGold to ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Tuia 250 Voyage flotilla launches with tribute to tangata whenua
    New Zealanders in Tūranganui-a-Kiwa / Poverty Bay will witness Māori, Pākehā and Pacific voyaging traditions come together today as the Tuia 250 Voyage flotilla assembles for the first time, Māori Crown Relations: Te Arawhiti Minister Kelvin Davis says. “Tuia 250 is a national commemoration and an opportunity for honest conversations ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Visit to advance trade agenda with Europe and the Commonwealth
    Minister for Trade and Export Growth David Parker leaves tomorrow for Dubai, London and Berlin for a series of meetings to advance New Zealand’s trade interests.  In Dubai he will visit New Zealand’s Pavilion at Expo 2020 where construction is underway.  There he will meet Minister of State for International Cooperation, Her ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • More cancer drugs confirmed – even more on horizon
    Confirmation that PHARMAC will fund two new cancer drugs is further evidence of the good progress the Government is making to improve the treatment of New Zealand’s leading cause of death, Health Minister David Clark says. From 1 December PHARMAC will fund alectinib (Alecensa) for ALK positive advanced non-small cell ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Boost for women in high performance sport
    An additional $2.7 million has been announced for the Government Strategy for Women and Girls in Sport and Active Recreation on the first anniversary of the strategy’s launch. Sport and Recreation Minister Grant Robertson gave the opening address to the first Sport NZ Women + Girls Summit in Wellington today, ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Parent support to help retain skilled migrants
    As part of its work to ensure businesses can get the skilled workers they need, the Coalition Government is re-opening and re-setting the Parent Category visa programme, Immigration Minister Iain Lees-Galloway says. The move will: support skilled migrants who help fill New Zealand’s skills gaps by providing a pathway for ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Senior NZDF Officer to lead Peacekeeping Mission in the Sinai Peninsula, Egypt
    Minister of Defence Ron Mark has today announced Major General Evan Williams of the New Zealand Defence Force has been selected as the commander of a significant, longstanding peacekeeping mission in the Middle East. In December, Major General Williams takes over as Force Commander for the Multinational Force and Observers ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Nurses star as Govt rebuilds health workforces
    A record number of nurses are now working to deliver health services to New Zealanders as the Government’s increased funding and new initiatives rebuild key workforces start to show results, Health Minister Dr David Clark says. •    1458 more DHB nurses since the Government took office •    106 more midwives ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • New agricultural trade envoy appointed
    Farmer and former Nuffield scholar Mel Poulton has been appointed New Zealand’s Special Agricultural Trade Envoy, Minister for Trade and Export Growth, David Parker, and Minister of Agriculture, Damien O’Connor, announced today. The position supports key Government objectives, including raising the value of New Zealand agricultural goods and services. Mel is ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Pacific and Māori voyaging heritage celebrated for Tuia 250
    New Zealand’s Pacific and Māori voyaging heritage is acknowledged and celebrated today as waka of the Tuia 250 voyage flotilla arrive in Tūranga / Gisborne. “Today we celebrate Tangata Whenua, the first people of Aotearoa, and the triumphs of the voyaging tradition that brought our ancestors here from Polynesia 1000 ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Pacific languages are a root from which prosperity will grow
    “Fijian Language Week starts on Sunday and the theme reminds us how important it is that we each have something to anchor ourselves to, something that can help us pause and feel in control in a rapidly changing world,” says Minister for Pacific Peoples Aupito William Sio. “Family, culture, faith, ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • NZ Government establishes innovative, industry-focused Airspace Integration Trials Programme
    The Government is establishing an Airspace Integration Trials Programme to support the safe testing and development of advanced unmanned aircraft and accelerate their integration into the aviation system, Research, Science and Innovation Minister Megan Woods announced today. The Government will work with leading, innovative aviation industry partners to test and ...
    BeehiveBy beehive.govt.nz
    2 weeks ago