Key: we were told SCF would fail

Written By: - Date published: 2:45 pm, March 31st, 2011 - 72 comments
Categories: accountability, business, john key - Tags: ,

In a raucous public meeting in Timaru last night, John Key said “The entire time I’ve been Prime Minister I’ve had Treasury in my office week after week, month after month telling me South Canterbury Finance was going bankrupt”. So, why did National sign SCF into the scheme and renew its deed three times?

On November 19th 2008, Key and his ministers were sworn in. That very day, Treasury Head John Whitehead signed the deed admitting SCF into the retail deposit guarantee scheme “on behalf of the Minister of Finance” Bill English.

The deed was renewed on December 11th 2009, again signed by a senior Treasury official on behalf of English. It was updated on April 1st 2010, once more signed by the same senior Treaury official on behalf of English. And then amended on June 17th, again signed off by the senior Treaury official in English’s name.

The mere fact that there were so many reviews of the deed shows that Treasury knew things weren’t right. And Key’s acknowledgement that he and English were being repeatedly told “week after week” about SCF’s problems raises the question of why they kept on having their officials sign new deeds keeping SCF in the scheme.

Remember, the upshot of SCF being kept in the retail deposit scheme through all these reviews and updates was a bailout that put an average of $50,000 into the hands of the depositers, paid other debtors $300 million – all funded by us as taxpayers at a cost of $1.8 billion. We’re now lumbered as effective owners of a finance company that is only worth a fraction of what we paid because of the choices Key and English made.

For me, Key’s entire attitude to this affair and governing in general is summed up when, in the RadioNZ clip, he calls $100 million “chump change”.

72 comments on “Key: we were told SCF would fail ”

  1. Draco T Bastard 1

    I suppose Blinglish sees this as one of those “necessities” – the necessity of bailing out the rich and guaranteeing their profits from the taxpayers money.

    • Mark M 1.1

      obviously in your small world anybody with a few dollars to put away is a “rich” prick.
      Isnt it wonderful to be blinded by jealousy.

      NZ would be much better off if people like you aspired to success instead of trying to drag everyone back to your level so you can justify your failure

      • Colonial Viper 1.1.1

        Telling the serfs to aspire to success while John Key sups on his $14,000 dinner?

        Rich!

      • Carol 1.1.2

        Curious that you think everyone sees being excessively rich as a sign of success to be aspired to, MM. You seem to be projecting your envious aspirations onto everyone else.

      • Jum 1.1.3

        mark m

        Jealousy is the very last thing on my mind when I ‘look’ at you through your post. Your master john key really does control you if you think that with the current NZ situation with all the unemployed that $100million is ‘chump change’.

        So much for the individual thinking in the rightwing camp. You people are like robots. Pathetic little monkey paws of Key.

        I can only imagine you have cashed in on the New Zealand stock market already; maybe you’re one of the SCF that stole New Zealanders’ money for your so called ‘risky’ ventures. Like I said, pathetic little creature with no balls. You and your kind have stolen from my children.

        I should thank you; you have just ratcheted up my activism.

      • RobC 1.1.4

        Mark M,

        NZ would be much better off if society understood the meaning of compassion, realised that wealth and poverty, success and failure, is not solely determined by effort and/or “aspiration”

      • M 1.1.5

        ‘NZ would be much better off if people like you aspired to success instead of trying to drag everyone back to your level so you can justify your failure’

        You’ve got to be fucking kidding me – if aspiring to success means:

        Poisoning the seas and rivers
        Mining all minerals as quickly as possible with the resultant problems: peak oil, mine cave-ins, global warming, more extreme weather
        Ruination of arable land through creeping desertification
        Fishing species to extinction – 90% of the big fish are gone because we ate them and we’re busy fishing the rest down the line to extinction http://news.nationalgeographic.com/news/2003/05/0515_030515_fishdecline.html
        Problems in dealing with increasing human and animal effluent
        Needing a big oversized car, never getting public transport because it’s so declasse, buying designer everything just so someone can show off for a moment hoping to induce pangs of jealousy in someone else, buying a home mortgaged to the hilt
        Air travel being one of the worst offenders for the environment just so some bugger can have skiting rights about his holiday
        Supporting slavery in third world countries so cheap T shirts, shoes and furniture can put NZers out of work

        Count me out

        If however people live simple lives with respect for the environment and its limits, use resources frugally and acknowledge that life does not require a load of expensive wanky rubbish then count me in. Hell one of my simple pleasures is when you first open a packet of tasty cheese – it never tastes better than when you first open it, well that’s if you can still afford it.

  2. ianmac 2

    Heard Key say that this morning, so are they that slow to respond? Especially since it was taxpayers money at risk. If the MSM is consistent, Key will dodge all that .

  3. Well its all a bit of a laugh. Remember that nice Mr Hubbard telling us that “When Mr Key gets back he will fix it. If he had been in the country this would not have happened. Its pathetic bailing out all those rich greedy oldies. Who’s whole attitude to life seems to be making more and more money instead of enjoying the few more years of life they have left.
    Do they honestly believe that workers on the mininum wage care about these money grabbers . The taxpayers hand out paid to those people would have been better spent on state health and education. But English would not see that.

  4. “The entire time I’ve been Prime Minister I’ve had Treasury in my office week after week, month after month telling me South Canterbury Finance was going bankrupt”. So, why did National sign SCF into the scheme and renew its deed three times?

    yep i heard that too – and i still don’t understand why Key would’ve admitted to that

    • grumpy 4.1

      Imagine if they hadn’t extended the scheme and just allowed SCF to go through.

      Who would be the bad guys then?

      • the sprout 4.1.1

        umm, the people responsible for SCF’s collapse?
        and just imagine all the millions of taxpayer dollars that wouldn’t have been flushed down the crapper

      • freedom 4.1.2

        from the public point of view ? who can tell. But , if the TRUTH actually came out then the only bad guys would be seen to be a private business. A business vulnerable to the law of the markets, and the law of the courts. A business that is backed by an Industry driven by greed. Ultimately though, a business which chose to ignore the reality that a principal risk of their investments is many hundreds of thousands of people may lose. And lose a lot.

        If they had been allowed to fail, the fall-out may have actually been useful to help educate these thick skulled troglodytes that all investment has risk and demands a certain amount of social responsibility.

        • the sprout 4.1.2.1

          and would’ve saved about twice the amount government is now looking to axe from social services in the next budget

          • grumpy 4.1.2.1.1

            Nah, you’re only looking at the initial payment, the proceeds from the sale of assets need to be taken off that.

            • The Economic Illiteracy Support Group 4.1.2.1.1.1

              But there is a timing issue – the cuts to public services are coming on May 19, but the recoveries from the sale of the SCF assets are coming …. when? And when they do finally arrive, does anyone seriously believe that Key and English will reinstate the services they cut?

        • grumpy 4.1.2.2

          I agree, but if they had failed to carry over the guarantee, most of the investors would have tried to pull their money and as we now know there was nowhere near enough to pay them – it would have gone tits up then.

          I think Key made a poor decision to renew the guarantee but I can understand that the temptation was there in the hope that it could be saved.

          it will be interesting to see what the nett cost is to taxpayer – it might even make a profit???

          • Colonial Viper 4.1.2.2.1

            it would have gone tits up then.

            Which is what should have happened.

            When it finally did go belly up, speculators had bloated it full of funds which could never be paid back – unless the tax payer stumped up.

            Which under Bill and John, we did.

            Let it fail small is the lesson from overseas, but English and co. wouldn’t have the first clue.

          • RobC 4.1.2.2.2

            “it will be interesting to see what the nett cost is to taxpayer – it might even make a profit???”

            You have got to be fucking kidding me. Generous estimate $300 million loss. More likely $600-700 million.

          • Draco T Bastard 4.1.2.2.3

            …it would have gone tits up then.

            Yep, that’s the whole point of market discipline.

            it will be interesting to see what the nett cost is to taxpayer – it might even make a profit???

            It won’t as, IMO, it appears that the reason why SCF was kept in the government guarantee scheme was to transfer taxpayer monies to NACTs rich mates – especially the foreign ones who got paid out even though they weren’t covered by the guarantee.

          • Jum 4.1.2.2.4

            grumpy,
            what a load of crap you talk. Key deliberately allowed the guarantee to carry on because the end goal was the amount of money the so-called risk venturers stood to gain. Gain to taxpayers; what a turkey you are. The Taxpayers always pay when NAct is in government. Unlike when Labour Greens are in, when the taxpayers actually receive some benefit through public services.

            Anyway how long have you been blogging so far; when Crosby and Textor paid you to or did you do it for the love of greed?

    • Red Rosa 4.2

      This saga has a long way to run, and the sprout’s question will be valid for months yet.

      According to Virginia Green’s biography of Hubbard, on 3 July 2009 Key was fully briefed, in Timaru, on the parlous state of SCF. The shambles of SCF/Hubbard resignations and sackings, ongoing with an increasingly desperate search for fresh capital around that time, are well set out.

      Why the government guarantee was extended in the following February, when the final collapse was a bare six months away and totally foreseeable, needs to be asked, and asked again.

      • vto 4.2.1

        Agree 100%. Who can ask Key that question best?

        And pink postman that clanger of Hubbard’s was certainly worthy.

    • felix 4.3

      “i still don’t understand why Key would’ve admitted to that”

      Off guard. He’s not used to being in a room filled with people who see through him and say so.

    • Deborah Kean 4.4

      Because he believes no one can do anything about his admission – or worse, that no one cares!

  5. Carol 5

    So why isn’t this front page headline news? And why aren’t major commentators and journalists questioning Key’s leadership?

    • grumpy 5.1

      Because yet another Labour flunky has managed to hog the headlines.

      • Carol 5.1.1

        Would that be the natural disaster, crime or crash stories, or business confidence plummets? I guess Labour is responsible for all those then?

        • Tigger 5.1.1.1

          Just heard Newstalk where host (Willisms) was decrying how badly Key was treated at the meeting, how those questioning him were inappropriate. So yeah, MSM working to protect them…

          • Draco T Bastard 5.1.1.1.1

            That seems to be normal for the MSM – they really lost the plot a long time ago. They’re supposed to be holding politicians and business people to account – not protecting them. Although, as the journos are owned by the business people and the business people want this bunch of psychopaths (NACT) in power we really shouldn’t be surprised that that’s what they’re doing.

    • The Voice of Reason 5.2

      It’s not only the msm that’s missing in action, Carol, the night shift at Crosby/Textor appear to have all taken a sickie. I’m guessing it’s not just because of the law change tomorrow.

  6. fermionic_interference 6

    Is this a case of criminal negligence?
    Or corruption within the halls of power, ie; my friends/family have money invested here, therefore the company must be bought into the deposit guarantee scheme?

    Is it time for a major enquiry?

    • freedom 6.1

      yes, yes and ahh yes

    • grumpy 6.2

      Should be looked at. I seem to remember that a major hedge fund was bailed out from their SCF investment (Torchlight) when they were not strictly eligible. At the time it was presumed for ease of disposition of assets (no squabble over priority) but looks suspicious.

  7. freedom 7

    ahhh the unbiased and interested media we enjoy these days,

    we can comment on the baking by the cooks
    http://www.stuff.co.nz/the-press/news/4833206/Key-takes-the-biscuit

    but not the cooking of the books
    http://www.stuff.co.nz/the-press/4830643/John-Key-I-like-Hubbard

  8. logie97 8

    It would be terrible if people close to cabinet members were revealed to have benefitted from this bailout…

    captcha: intelligence

    • The Economic Illiteracy Support Group 8.1

      It might be terrible, but would anyone be particularly surprised?

    • Draco T Bastard 8.2

      It wouldn’t be terrible at all as we do need to remove the thieves from power and it is certainly something that needs to looked at.

  9. Ms X 9

    Just remember, this guy is all smoke and mirrors, but he ain’t stupid. If he’s admitting to something to raise our ire, then there’s something he’s not admitting that’s going on that will shake us to the core – if we spot it…..

    • Bright Red 9.1

      I think it’s more that he doesn’t think we’re really listening. Remember, this quote was reported by RNZ and the Herald etc and none of them thought to compare it to how the Nats had handled SCF.

      captcha: critical – as in the msm have plenty of cynicism but little in the way of critical thinking.

    • Jum 9.2

      Yeah, Ms X,

      He learned his craft in the back alleys of the stock market where being bothered by adverse criticism would be the last thing to shake his steady hand on the tiller of greed.

      Check out the Trans Pacific Partnership Agreement that he and his nzbusinessrotundtable ticks are pushing through just before the election. That would be just one of the criminal acts perpetrated on this country and New Zealanders.

  10. Red Rosa 10

    The SCF/Hubbard mess is big, and complex. $1.7bn is of course serious money. There is a tangle of related party lending, cross-shareholding and personal involvement which is keeping a heap of expensive people working hard in Timaru to sort out. There are something like 500 Hubbard-related entities, and the documentation by his own admission is scanty.

    The political fallout is mixed, too. Most of the disgruntled hecklers at the Timaru meeting looked like National Party supporters. Chances are, some of them are debenture holders who have been paid out in full! But a lot of South Canterbury people have been helped by Hubbard – some owe practically all they have to him. As something of a local icon, he gets heaps of sympathy.

    It would be most interesting to see the list of, and $’s paid out to, all the debenture holders.

    That might help explain things better.

    • Marty G 10.1

      There may be a works where the government thinks the people have the right to know whose benefiting when it signs a $1.8 billion cheque. But it isn’t this one.

    • vto 10.2

      Two things methinks;

      one following the money is always illuminating and
      two the SCF bailout is without doubt a “nice to have”

      • felix 10.2.1

        Follow the money is right.

        Gee I hope none of it ended up in investment vehicles that Key didn’t know he owned.

        • burt 10.2.1.1

          Our excellent investigative journalists would have been all over that one.

          Ummm is that too long for a billboard ?

  11. Oleolebiscuitbarrell 11

    Don’t remember this amount of censure when Labour brought in the retail deposit guarantee scheme and extended it to Mascot Finance at a cost of $70m.

    • Lanthanide 11.1

      $1.6bn is a bit different than $70m. Also, by Key’s admission, they knew SCF was in trouble for years ahead of it’s final collapse, and deliberately re-extended the guarantee 3 times.

      It is a legitimate question, but if you can’t see the difference in scale between these cases, then there’s something wrong with you (or you’re in denial).

      • burt 11.1.1

        Arguably the scale makes it more important to include them. The policy was after all to protect private investors. I guess Labour’s definition of ‘worthy’ and National’s were always going to be different though. The bit that I think really smarts is the timing of the inclusion, a cynic might say it was repaying party donations…

  12. RobC 12

    oleole, neither do I. If you could point out your censure when Labour brought in the retail deposit guarantee scheme, much obliged. Cheers.

    • Oleolebiscuitbarrel 12.1

      I’m sorry RobC, I am not going to be able to give you a link or anything but can you just take it from me that I have always been against the government propping up any private enterprise.

      • felix 12.1.1

        I’ll take your word for that. You must be livid about this $1.6bn then.

        You must be furious that we’re paying the fucking interest to these thieves.

        • Oleolebiscuitbarrel 12.1.1.1

          I am. I blame the mentality that throwing other people’s money at a problem is a good idea if it serves a greater good. I think that this was what Labour had in mind when it put the scheme in place.

          • felix 12.1.1.1.1

            We may disagree on the merits of public money serving a public good, but what we see here is a govt throwing public money at a private problem to serve a private good.

            Plus interest.

          • burt 12.1.1.1.2

            I agree with that, arguing over what scale is acceptable is a waste of time, it’s personal opinion stuff and really the ass-end of the politics.

            The failure is indeed the mentality that it is valid for the state to prop up failing business for the greater good.

            • felix 12.1.1.1.2.1

              It’s the interest that really gets my goat though.

              Even if the state making up the capital losses could be justified (and I don’t think it can) there’s just no fucking way the investors should be getting a dividend on their losses, paid for by the state.

              Have English or Key even bothered to come up with an excuse for paying the interest?

  13. burt 13

    Eddie

    On November 19th 2008, Key and his ministers were sworn in. That very day, Treasury Head John Whitehead signed the deed admitting SCF into the retail deposit guarantee scheme “on behalf of the Minister of Finance” Bill English.

    What more needs to be said !

  14. Miracle Worker 14

    If you want to know what was behind all of this – take a close look at Botherway’s relationship with Kerr (and Key), as well as some of the ‘key’ dates. The same day AH tipped Scales and HNZ into SCF to shore it up, the ‘anonymous complaint’ appeared on Simon Botherway’s desk. Statutory Management and the SFO investigation were announced exactly six days after Simon Botherway’s brother was declared bankrupt, the consequence of actions precipitated by SCF. That course of action sunk SCF – no doubt about it. Deposits went from average $2 million per day to less than $5K per day within 72 hours. It killed it. Stone dead. If there was a chance to save it before they slammed AH with that, that chance was destroyed by those actions.

    Torchlight and PGC had already been sniffing around Treasury – trying to influence decisions on SCF – prior to SM and the SFO announcement. The Treasury and RBNZ document dumps from late 2010 prove it. PGC was in there on behalf of Kerr, sniffing around and trying to influence the SCF situation. According to the Treasury emails that refer to it – no steps were taken to manage or stop that conflict.

    In addition to this – those RBNZ and Treasury emails make clear references to SecCom (Botherway) sniffing around in the background, signalling the intent to use SM on Allan Hubbard as early as October 2009 and February 2010 (in fact, the last reference to it was exactly 4 days prior to the ‘anonymous complaint’ magically appearing on Botherway’s desk on 28th Feb 2010).

    Torchlight (George Kerr) pocketed tens of millions from the SCF receivership under the RDGS.

    George Kerr went to Christ College with Simon Botherway. He also went to Canterbury University with Simon Botherway, at the same time. George Kerr also went on to co direct and co-run 4 separate companies with Simon Botherway. Hardly an “arms length” relationship.

    Simon Botherway was employed by Key at Bankers Trust, over eight years ago.

    It looks likely that Botherway was shoulder tapped by Key for the FMA.

    And all these guys know each other – really, really well.

    On top of all that – who is the biggest benificiary of SCF’s collapse? PGC……..now known as CBS……the new ‘Heartland Bank’.

    While Botherway and Key might be smart enough to avoid the obvious questions that will arise if CBS is suddenly seen to be “buying” SCF’s assets cheap – the one thing neither of them can hide is the most obvious thing of all….

    George Kerr had a lot of help getting rid of his biggest potential competitor in the rural lending marketplace – and destroying that competitor’s reputation completely is a very good way of ensuring he can’t bounce back and cost you business.

    Do the math people – and do your research. The information is all available – you just have to connect the dots.

    • vto 14.1

      Well put together miracle worker. I think I said at the time that the thing to watch would be where SCF’s assets end up.

      There is absolutely no doubt deals were done behind closed doors involving politicians. It is quietly acknowledged even. And Key has admitted it – why was SCF allowed into the RDGS when Key was told from his first day as Prime Minister that it was going broke? Why? Key? Answer up please.

      Note that these exact same backroom deals involving the exact same people and politicians and organisations is going on as we speak over the Central Plains Water scheme. It is a done deal – just ask David Carter how it is going to be paid for and where the assets will end up. And watch his snake tongue fork.

    • Bright Red 14.2

      are the treasury and rbnz docs online?

  15. randal 15

    “the entire time I have been prime minister”.sounds like he has had enough.
    If I were Him I would take the money and run now before the crap really hits the fan.

  16. Miracle Worker 16

    Here’s a bit from my research – the RBNZ documents are particularly revealing. It is absolutely gob-smacking that the media have overlooked the content of those emails – in fact it is an absolute scandal. I can only conclude that reporters/journalists in this country either have ridiculously short attention spans, or they avoid anything that requires research, or this stuff leapt off the page at them but they were under strict instructions not to say anything about it.

    Either way – for some of the snippets in those emails (which were all given to the media) to have gone unchallenged/unreported – really is a scandal.

    http://www.treasury.govt.nz/publications/informationreleases/scf/pdfs/scf-t2010-1586.pdf

    http://www.treasury.govt.nz/publications/informationreleases/scf

    http://www.treasury.govt.nz/publications/informationreleases/scf/pdfs/scf-m-km-tsy-1sep10.pdf

    http://www.beehive.govt.nz/speech/ministerial-statement-parliament-south-canterbury-finance

    http://www.beehive.govt.nz/release/govt-moves-swiftly-repay-all-scf-depositors

    http://www.rbnz.govt.nz/finstab/nbdt/scf/index.html

  17. Once again the money trader who learned to leave his morals at home whenever he deals with money, he seems to forget that he is playing with peoples lives, but people are not money so they are unimportant to money traders. The money trader just expects you to make this a good country for him and his favoured few to love in.

    • Jum 17.1

      Excellent comment, Margaret. I was trying to work out what made John Key tick. So I ticked through the items that annoyed me about his behaviour.
      – he was handing out bottles of wine to journalists at Christmas from the vineyard he wasn’t supposed to know he owned.
      – the wondering how that illegally poached antarctic pebble came to be in his pocket
      – the forgetfulness about how many shares he owned in this and that, yet he’s a moneytrader who is supposed to have the accounting brain of a steel trap, yet he says he knows the price of everything but we know he knows the value of nothing
      – the deliberate bypassing of Pharmac to hand out a longer supply of Herceptin cancer treatment to women just before the 2008 election – how convenient – that was as yet unproven – but gained the women’s vote, never mind he removed their right to pay equity for the next 10 years and has sent more women than men on to the unemployment line and tells solo mothers that their most important job of bringing up baby is not as important as cleaning some rich woman’s loo…

      But people like him. They think he’s just like them, believe it or not.

      He’s not like them.
      A. He’s a moneyman and money and power is what motivates him, not caring about people. He’s seriously wealthy, but did he earn it by hard work that produced something concrete. No. He just produced more paper money for those that didn’t need it and was handsomely rewarded. The fact that he helped a client make a possibly damaging speculative run on the New Zealand $ seems to mean nothing to people.

      B. He listens to the advice of spin doctors, exported from Howard’s Australian election and later Brash’s election, based on Hollow Man promises and spin and happily voted against English for Brash when he had promised his fealty to English. What a man.

      C. He acts like NZ is his private business.

      Then I realized why, not only was he annoying me but he was really making me angry. He truly believes New Zealand IS his private company, and he’s out to cut costs. That’s us, ladies and gentlemen – we’re the expenses. This from the man who had free education and cheap housing and taxpayer support for his widowed Mum, rest her soul.

      PS Come November, he’s going to hand us over to foreign corporates and we’ll lose our sovereignty for the next (100) years. Then, he might trip off back to America, whether NZers elect NAct again or not, to get a pat on the head from his American masters who stand to gain much from the TPPA. He’ll also be able to cash in his $million loan he made the Bank of America – services rendered, who knows.

      Have a nice life, John, and don’t ever come back. English will send the knighthood over in return for you handing us over to him and the NZBusinessRotundtable; deal done – John’s good at that.

  18. MC 18

    MAY DAY.  1 MAY 2011.  ANTI-CORRUPTION PROTEST OUTSIDE PARLIAMENT FROM MIDDAY.  YOU’RE INVITED.

  19. JMK 19

    “Miracle Worker” [deleted]. Mate you’re like a stuck record
    Try answering the following;

    “the ‘anonymous complaint’ magically appearing on Botherway’s desk”. What was the true sequence of events i.e who referred the complaint to SEC COM?
    SB took up the role at SEC in Feb 2010. Your reference to 2009?
    Are you sure SB went to CU?
    What “tens of millions” did GK make make other than that which was part of the agreement brokered between SCF and Torchlight?
    PGC – CBS?
    4 separate companies?

    Innuendo and misinformation

    [lprent: Speculation on peoples identities is not allowed here – read the policy section on privacy. Since there is no way for you to know who leaves comments then speculating on them is completely futile and likely to be incorrect as well as defamatory. Do it again and you will not be allowed to comment here. ]

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    A listing of 34 news and opinion articles we found interesting and shared on social media during the past week: Sun, Feb 25, 2024 thru Sat, March 2, 2024. Story of the week This week's big news is close to home for Skeptical Science and comes via UNICEF: Seriously ...
    19 hours ago
  • Aren’t we over bashing anyone not already rich into submission? This government reckons “Yeah na...
    Although many on the Right love to claim that the only people wasting away at the bottom, and even a great deal in the “squeezed middle” are simply “lazy, entitled buggers, not ambitious enough, not aspirational enough”, and that “just working hard” gets you ahead, gets you success in life, ...
    exhALANtBy exhalantblog
    20 hours ago
  • Luxon's Entitlement.
    In a time when everybody feels entitledWhy can't I feel entitled too?Somebody took away my God given rightI guess God must have gave it to youYeah, I guess God must have slipped it to youSometime after the new government was sworn in an official must’ve had a wee chat with ...
    Nick’s KōreroBy Nick Rockel
    1 day ago
  • I Got Shadow Banned
    Hi,Thanks to all of you asking questions over on the AMA — I’m having a blast. You Worms have the best questions. About 200 so far, and I’m having a better time than I ever had over on Reddit.If it’s one thing I’ve been reminded of this week, it’s how ...
    David FarrierBy David Farrier
    1 day ago
  • You brace for the worst, you make the most of the good, you keep going
    No matter how much you read about World War II, there is always more. More suffering, more deprivation, more cruelty beyond belief. And somehow, too, the human capacity to endure.That war keeps pulling me back. Three novels in recent weeks, as well as a book about the aftermath in Europe, ...
    More Than A FeildingBy David Slack
    1 day ago
  • Hamish Rutherford always looks grim these days
    The Prime Minister’s spin doctor Hamish Rutherford used to a lot of fun. We were Twitter buddies back when he was working at The Dominion (later Fairfax); then he went to the NZ Herald as Wellington Business editor, for a wider circulation/better job security (ha!), I guess. There I noticed ...
    The PaepaeBy Peter Aranyi
    2 days ago
  • ROBERT MacCULLOCH: Economics 101 explains why Newshub bankrupted
    Rob MacCulloch writes –  Economics 101 explains why Newshub Bankrupted – it was the fault of its own journalists who should recognize they were the architects of their own demise. A thousand books and papers in economics and business strategy are about the topic of product differentiation – ensuring ...
    Point of OrderBy poonzteam5443
    2 days ago
  • Tone deaf and out of touch Luxon
    ...
    The PaepaeBy Peter Aranyi
    2 days ago
  • Speeches, beers, questionnaires
    Hello! Here comes the Saturday edition of More Than A Feilding, catching you up on the past week’s editions.Friday: Week in review, quiz styleThursday: A speech and a beer, both delivered perfectlySo, what can we do about these deplorable people and the appalling things they are doing?Every time Chlöe Swarbrick ...
    More Than A FeildingBy David Slack
    2 days ago
  • The Hoon around the week to March 2
    Premier House in 2018, when it was the home of then-PM Jacinda Ardern and her family. Luxon preferred living his own apartment and pocketing $1000 a week for doing so. Photo: Lynn GrievesonTL;DR: The five things that mattered in Aotearoa’s political economy that we wrote and spoke about via The ...
    The KakaBy Bernard Hickey
    2 days ago
  • Why Did Child Poverty Increase Recently?
    Not so much from a lack of nominal income but from rising mortgage interest ratesThe just released Statistics New Zealand (SNZ) estimates child poverty for the year ending June 2023 show the proportions of children on nine different poverty measures are higher than they were in the June 2022 ending ...
    PunditBy Brian Easton
    3 days ago
  • C.Money Luxon puts his hand in yer pocket
    1. Which of these things did C.Money Luxon, owner of 7 properties and Keepa of da Mojo not say?a. If I can pay, I should payb. I know how hard you work to pay your taxesc. Under my government the culture of treating taxpayers like an ATM is overd. Look, ...
    More Than A FeildingBy David Slack
    3 days ago
  • BRYCE EDWARDS: NZ’s “media apocalypse” is shifting us into a Public Relations Democracy of di...
    Bryce Edwards writes – Democracy is the loser whenever a major media company disappears. We’ve seen a total consensus about this in the last two days – politicians, academics, and journalists have commented on the demise of Newshub, pointing out that a reduction in journalists reporting on and ...
    Point of OrderBy poonzteam5443
    3 days ago
  • MICHAEL BASSETT: TV One still doesn’t get the message
    Michael Bassett writes – It’s becoming clear that the state-owned TV One and its management have no intention of stopping their left-slanted news presentations despite being reminded by Karl du Fresne and others that using the airwaves to proselytise is improper journalism. Worse, it seems that the new ...
    Point of OrderBy poonzteam5443
    3 days ago
  • Govt is gunning for gangs – but McKee reckons some Firearms Prohibition Orders could be lifted mu...
    Buzz from the Beehive Having sorted out the war criminals and terrorists with a series of foreign affairs announcements yesterday, the government today confirmed its plans to allow police to search gang members, their vehicles and homes at any time using court-authorised firearms prohibition orders (FPOs). The orders – introduced ...
    Point of OrderBy Bob Edlin
    3 days ago
  • What does ‘entitlement’ look like, Chris Luxon?
    Wow. A mortgage free apartment, but he claims ‘accommodation expenses’ (really a taxpayer-funded allowance) of $1,000 per week – on top of his $471,000 pa salary and other benefits, etc etc. The National Party CEO must be so used to the good life, eh? The Prime Minister will receive a ...
    The PaepaeBy Peter Aranyi
    3 days ago
  • ELE LUDEMANN: What’s the cost of slow roads?
    Ele Ludemann writes –  It used to take us an easy hour and a half to get from home to Dunedin. If traffic was light with no hold-ups we could get get there in a little more than an hour and a quarter. That was then, now is a ...
    Point of OrderBy Bob Edlin
    3 days ago
  • How is that News?
    Before we begin today, a word of warning.Some of you might think this newsletter is some old leftie yelling into the internet that things ought to be better. You’d be right.That kindness wasn’t just a slogan that sounded good, and in our limited period of existence it just makes sense ...
    Nick’s KōreroBy Nick Rockel
    3 days ago
  • The Prime Hypocrite
    National's Christopher Luxon unveils trio of fiscal transparency policies, RNZ, 15 May 2023: The government had "abused" taxpayers for the past six years, Luxon said. "I am sick of taxpayers being treated like a bottomless ATM, to be raided at any time, for any reason. National will respect taxpayers ...
    No Right TurnBy Idiot/Savant
    3 days ago
  • NZ on Hamas and Zionist Settlers.
    Here is one for the road before I shut down for a while due to the previously mentioned family medical issues. It is about NZ designating Hamas as a terrorist entity, adding its political wing to the 2010 decision to … Continue reading ...
    KiwipoliticoBy Pablo
    3 days ago
  • Migration surge reduced inflation, says Orr
    Record high net migration in 2023 produced a net detraction from inflation because of a surge in labour supply, but the effects may be more inflationary this year. Photo: Lynn Grieveson / The KākāTL;DR: Te Pūtea Matua (Reserve Bank) Governor Adrian Orr told me in an interview yesterday that record ...
    The KakaBy Bernard Hickey
    3 days ago
  • Weekly Roundup 1-March-2024
    Welcome to Friday, and to March, traditionally the busiest month for people trying to get into and around our city. The Northwestern Cycleway has been going gangbusters this week. How’s it looking out there for you, around the rest of the isthmus? Here are some of the articles that caught ...
    Greater AucklandBy Greater Auckland
    3 days ago
  • February AMA
    Hi,As someone generous enough to pay for Webworm — literally allowing this thing to exist — I always want to give you extra stuff (next week a story I’ve been wanting to tell for about eight years) and make myself available to answer any questions.Hence these AMAs, which I really ...
    David FarrierBy David Farrier
    3 days ago
  • Skeptical Science New Research for Week #9 2024
    Open access notables Rockfall from an increasingly unstable mountain slope driven by climate warming, Stoffel et al., Nature Geoscience: Rockfall in high-mountain regions is thought to be changing due to accelerating climate warming and permafrost degradation, possibly resulting in enhanced activity and larger volumes involved in individual falls. Yet the systematic lack ...
    4 days ago
  • Newshub awaits a miracle – but in the meantime its Mātauranga Māori debate has spurred Jerry Coy...
    Emeritus Professor Jerry Coyne, from his base in the United States, may well be oblivious to the furore raised about the state of  the news media in New Zealand – and the implications for our democracy – after TV3’s American owners announced Newshub’s fate.  The news service will be shut ...
    Point of OrderBy Bob Edlin
    4 days ago
  • Correction
    Sorry!!! Today’s edition has the wrong damn link for Chlöe Swarbrick’s excellent speech.This is the right one. Read more ...
    More Than A FeildingBy David Slack
    4 days ago
  • Correction
    Sorry!!! Today’s edition has the wrong damn link for Chlöe Swarbrick’s excellent speech.This is the right one. Read more ...
    More than a fieldingBy David Slack
    4 days ago
  • A speech and a beer, both delivered perfectly
    So, what can we do about these deplorable people and the appalling things they are doing?Every time Chlöe Swarbrick gets to her feet or leans into a mic, she offers a very good  answer. Clear, plain, compelling words. Clear, plain, compelling thinking.Guys, she tells new MPs who have just given maiden ...
    More Than A FeildingBy David Slack
    4 days ago
  • A speech and a beer, both delivered perfectly
    So, what can we do about these deplorable people and the appalling things they are doing?Every time Chlöe Swarbrick gets to her feet or leans into a mic, she offers a very good  answer. Clear, plain, compelling words. Clear, plain, compelling thinking.Guys, she tells new MPs who have just given maiden ...
    More than a fieldingBy David Slack
    4 days ago
  • 2024 Reading Summary: February (+ Writing Update)
    Completed reads for February: Tarzan of the Apes, by E.R. Burroughs The Lost World, by Sir Arthur Conan Doyle The Poison Belt, by Sir Arthur Conan Doyle Struwwelpeter: Merry Stories and Funny Pictures, by Heinrich Hoffman The Moon Hoax, by Richard Adams Locke The Strange Voyage and Adventures of ...
    4 days ago
  • Aoteraoa, Ukraine, and Gaza
    Today the government designated the political wing of Hamas as a terrorist entity, making supporting them a criminal offence. I honestly don't know much about Hamas' organisation, or how involved its politicians were in planning its crimes in October last year, but when Israel is actively carrying out a genocide ...
    No Right TurnBy Idiot/Savant
    4 days ago
  • ETS review will be good news (we think) for the forest sector but govt gets tough with Hamas and Isr...
    Buzz from the Beehive When the Luxon government took office last year, forest owners and investors were among the myriads of interest groups who pressed incoming ministers with pleadings, urgings and advice – typically self-serving –  for change. The forestry bunch hoped the new government would give clearer direction on ...
    Point of OrderBy Bob Edlin
    4 days ago
  • Tougher Love.
    "Ullo, ullo, ullo, what's coming off here then?" Mark Mitchell’s Gang Laws are separating the Liberal Sheep from the Authoritarian Goats.  THE INTENSIFYING POLITICAL CONTROVERSY over the Coalition Government’s policy on gangs promises to be one of those sheep-from-goats moments. While the Left will veer instinctively towards the sociological, the Right ...
    4 days ago
  • The Clue Is In The Name.
    Truth In Advertising? The Nats do best when they take the “National” part of their name seriously, WHEN ITS FOUNDERS christened New Zealand’s newest anti-socialist party “National”, they had two objectives. The first was largely cosmetic. The second, and much more important objective, was ideological.In 1936, the year in which ...
    4 days ago
  • Another forced break.
    Well, the time has come yet again for my son to go back into Starship for another major surgery (the fourth in five months). The mass in his chest is growing and has enveloped his left carotid artery as well … Continue reading ...
    KiwipoliticoBy Pablo
    4 days ago
  • BRYCE EDWARDS:  How Wellington City Council got captured by vested interests
    Bryce Edwards writes – Wellington City has become a great case study for those that are suspicious that both local and central government politicians have become enthralled by property developers, the “professional managerial class”, and other vested interests. Politicians from parties of both left and right are increasingly ...
    Point of OrderBy poonzteam5443
    4 days ago
  • Gordon Campbell on the Newshub/Smokefree twin fiascos
    H</spanere’s a tale of two sunset industries. One has a track record of quality investigative reporting, and sound reportage of the 24/7 news cycle. The other sunset industry peddles a deadly substance that kills and injures tens of thousands of New Zealanders every year, while imposing significant annual costs on ...
    4 days ago
  • RBNZ's dovish pivot revives rate cut hopes
    The question now is which hint banks will take: the one from Orr that they pass on rate cuts, or the one from Assistant Governor Karen Silk saying they have some leeway to continue not passing them on. File Photo: Lynn Grieveson / The KākāTL;DR: The Reserve Bank held the ...
    The KakaBy Bernard Hickey
    4 days ago
  • That was Then, This is Now #32 – What's the difference between aluminium and democracy?
    ..Thanks for reading Frankly Speaking ! Subscribe for free to receive new posts and support my work.That was then…Rio Tinto will not reimburse the $30 million Government subsidy it received to keep Tiwai Point open, in spite of posting a $3.7 billion 2013 profit.[…]…if Rio Tinto had closed straightaway and ...
    Frankly SpeakingBy Frank Macskasy
    4 days ago
  • A Market Model for Intercity Rail
    The North Island Main Trunk rail line between Auckland and Wellington is 680km long, mostly electrified, and low speed for intercity rail (80-100kph). It’s a major public asset, but woefully underutilised. How can we work this asset harder, to deliver way more benefits for our country and our people? This ...
    Greater AucklandBy Patrick Reynolds
    4 days ago
  • Redundancies Bite.
    We all knew this government meant redundancies - lots of them. National highlighted they’d be taking a scalpel to government departments, cutting them to the bone. ACT fantasized about going deeper.Thousands losing their jobs in a sector that won’t be hiring any time soon. I could make a joke here ...
    Nick’s KōreroBy Nick Rockel
    4 days ago
  • Tough choices on climate change for new government
    Slowly but inexorably, the country is getting to the point where it is going to have to make some tough choices about actually lowering greenhouse gas emissions rather than planting or buying its way out of them. Prime Minister Christopher Luxon, at the weekend, removed any last hope that climate ...
    PolitikBy Richard Harman
    5 days ago
  • That was Then, This is Now #31 – Urgent for me, but not for thee?
    ..Thanks for reading Frankly Speaking ! Subscribe for free to receive new posts and support my work.That was then…“In Parliament today, Labour was pushed to justify their use of urgency to rush through a Bill to get rid of a public veto on Māori wards, and they couldn’t,” National’s Local ...
    Frankly SpeakingBy Frank Macskasy
    5 days ago
  • Rattus Supermarketicus: Countdown Reopens
    So my infamously rat-infested local supermarket was finally able to re-open today, after spending a good two and a half weeks closed. https://www.rnz.co.nz/news/national/510363/countdown-dunedin-south-reopens-after-rat-infestation I went in for a look this evening, having heard that they were offering chocolates earlier in the day. I was disappointed. No chocolates. ...
    5 days ago
  • Clearly still no adults in this Chaos Cabinet, aiming to sell Aotearoa off to the highest bidders…
    Grant Roberston has left the Labour team in Parliament, Efeso Collins tragically died at the outset of what was surely to be a stellar career as an MP… a heavy result last year, losses and a tragedy to start this year. That overall sense of tragedy is not limited ...
    exhALANtBy exhalantblog
    5 days ago
  • Productivity Commission gone tomorrow, Māori Health Authority gone in June – so what should we do...
    The Productivity Commission will cease operations tomorrow, to make way for the new Ministry for Regulation. On the same day, the Waitangi Tribunal will begin an urgent inquiry into the government’s proposal to disestablish the Māori Health Authority. But legislation passed under urgency by Parliament will result in the authority being ...
    Point of OrderBy Bob Edlin
    5 days ago
  • QUESTIONNAIRE NEW ZEALAND
    So you want to be a member of this exciting new government, eh? Good thinking! There’s obviously no future in journalism. We’re not just hiring any old comms person though. We want someone with the right attitude and MOJO. So grab a pen and fill out this questionnaire will you? ...
    More Than A FeildingBy David Slack
    5 days ago
  • Another secret OIA “consultation”
    When the previous government decided in 2018 to review the OIA, the Ministry of Justice decided to do the entire thing in secret, planning a "targeted consultation" with a secret, hand-picked group of lawyers, bloggers and commentators. Because obviously, wider civil society has no interest in the operation of the ...
    No Right TurnBy Idiot/Savant
    5 days ago
  • Puff! And before you can get through a packet of 20, Parliament will have stubbed out parts of Labo...
    Buzz from the Beehive Health dominated the government’s announcements over the past 24 hour or so, at the same time as Parliament was debating legislation to abolish the Maori Health Authority and repeal parts of the previous government’s planned changes to regulate smoked tobacco. Health Minister Shane Reti brandished a ...
    Point of OrderBy Bob Edlin
    5 days ago
  • Journalism in New Zealand Is Collapsing
    Hi,I was not intending to send out a Webworm today, and I hate that I am having to write about this.After nearly 35 years of broadcasting, the TV newsroom in New Zealand that was my home for about a decade is set to close in June.Some of my closest and ...
    David FarrierBy David Farrier
    5 days ago
  • A revolting breach of Te Tiriti
    In 2019, the Waitangi Tribunal released a preliminary report in the Wai 2575 inquiry, finding pervasive inequities in the New Zealand health system which systematically disadvantaged Māori, in breach of Ti Tiriti O Waitangi. It recommended the creation of an independent Māori Health Authority as one way of remedying these ...
    No Right TurnBy Idiot/Savant
    5 days ago
  • Bishop wants house prices to halve vs income
    TL;DR: Housing, Infrastructure and RMA Reform minister Minister Chris Bishop gave the new Government’s most important and ambitious speech of its first 100 days yesterday, pledging to flood cities with land for homes and help give councils new revenue to pay for the water and transport infrastructure needed to build ...
    The KakaBy Bernard Hickey
    5 days ago
  • Lyin' Luxon
    All we want is a touch of truthnot cue-card words for the polling booththis ballhead man and his MacDonalds wisdomselling soap or a new tax systemSo begin the lyrics for the new single, Lyin’ Luxon (and his tobacco goons)”, from Darren Watson - released just this morning. You can check ...
    Nick’s KōreroBy Nick Rockel
    5 days ago
  • Albo gives Luxon a big invite
    Prime Minister Christopher Luxon gets his first big foreign affairs opportunity next week when he travels to Melbourne for the 50th Anniversary of Australia’s partnership with the Association of Southeast Asian Nations (ASEAN). Australian Prime Minister Anthony Albanese has invited the heads of all ten members for a special summit. ...
    PolitikBy Richard Harman
    6 days ago
  • Of Mining Interests and the West Coast-Tasman Result: Look at the Split Vote
    The various New Zealand election donations have been disclosed, and one Jonathan Milne has noticed the role of mining interests in backing an independent candidate on the West Coast: https://newsroom.co.nz/2024/02/23/big-coal-company-bought-west-coast-election-campaign/ The article goes on to suggest that the independent candidate’s performance – garnering some 5903 votes – was key ...
    6 days ago
  • At a glance – Is Greenland gaining or losing ice?
    On February 14, 2023 we announced our Rebuttal Update Project. This included an ask for feedback about the added "At a glance" section in the updated basic rebuttal versions. This weekly blog post series highlights this new section of one of the updated basic rebuttal versions and serves as a ...
    6 days ago
  • Dark money has entered the New Zealand electoral scene at unprecedented levels
    Radio NZ’s Farah Hancock has analysed the Electoral Commission returns of money paid to influence the 2023 NZ General Election. Her article $2m surge in election campaign spending by third-party groups (RNZ) shows that as well as the huge donations-directly-to-the-parties imbalance, previously reported, a large amount of untraceable dark money ...
    The PaepaeBy Peter Aranyi
    6 days ago
  • I remember better days
    The school property system is BORDERING ON CRISIS according to the Prime Minister and his Education Minister.Same old crisis panic button. God only knows what they’ll press when they get a real one.The self-serving agenda here is pretty transparent: Find ourselves an out for not delivering what people expect us ...
    More Than A FeildingBy David Slack
    6 days ago
  • No, it isn’t a surprise – the government is disestablishing the Māori Health Authority (just a...
    Latest from the Beehive The mainstream news media have been grimly auguring this news for  the past few days under headings such as… Axing Māori Health Authority before hearing ‘disrespectful’ — expert (One News); Coalition Government to forge ahead with repeal of smokefree laws, Māori Health Authority this week ...
    Point of OrderBy Bob Edlin
    6 days ago
  • BRYCE EDWARDS: NZ elections are being Americanised with “dark money” flowing into campaign grou...
    Bryce Edwards writes –  Elections in the United States are dominated by big money. But what isn’t commonly understood is that most of it is raised and spent, not by the political parties and candidates for office, but by special interest groups who run their own election campaigns to ...
    Point of OrderBy poonzteam5443
    6 days ago
  • More dishonesty from Costello
    When Cancer Minister Casey Costello was caught lying to the media and to Parliament about whether or not she had requested advice on cutting tobacco excise tax to benefit the cancer industry, her explanation was to blame "confusion arising from my understanding of the differentiation between seeking specific advice and ...
    No Right TurnBy Idiot/Savant
    6 days ago
  • LINDSAY MITCHELL: Child poverty – complex or simple?
    Question: Do you understand how the child poverty statistics are derived? Clearly some people do not. Last week the latest child poverty statistics were all over the media. But there are a number of misunderstandings that need addressing. Like this one from NewstalkZB’s John MacDonald who wrote: Living in households ...
    Point of OrderBy poonzteam5443
    6 days ago
  • CHRIS TROTTER: Tougher love
    Mark Mitchell’s gang laws will separate the liberal sheep from the authoritarian goats Chris Trotter writes – THE INTENSIFYING POLITICAL CONTROVERSY over the Coalition Government’s policy on gangs promises to be one of those sheep-from-goats moments. While the Left will veer instinctively towards the sociological, the Right ...
    Point of OrderBy poonzteam5443
    6 days ago
  • Bernard's Top 10 @ 10 am 'pick 'n' mix' for Feb 27
    A mega-documentary about the influence of China’s Communist Party in our political system that remains stuck inside Stuff’s editorial system. Photo: Lynn Grieveson / The KākāHere’s my top ten links to news, papers and reports elsewhere as at 10 am on Tuesday February 27:Today’s must-read: Whatever happened to Stuff Circuit’s ...
    The KakaBy Bernard Hickey
    6 days ago
  • The day our infrastructure deficits came home to roost
    Ugly moments of infrastructure deficit truth are popping up all over, including the revelation that Wellington’s train service will be disrupted for up to 15 years. Photo: Lynn Grieveson / The KākāTL;DR: National and Labour are bickering over who is to blame for ‘mismanagement’ of infrastructure spending on rail and ...
    The KakaBy Bernard Hickey
    6 days ago
  • It’s March Madness Time again
    We may still be in February but yesterday marked the start of March Madness, typically the busiest time of the year for transport of all modes. That’s due to a number of factors, such as: The summer holiday period is over meaning All schools and now University’s being ...
    6 days ago
  • What do you think about Christopher Luxon?
    As some of you might know Darren Watson's new track "Lyin' Luxon" will be out tomorrow.I'm going to write about that subject today so if there's anything you'd like to say about Luxon, his government, policies, his partners and investors, or what he's doing to our country then please feel ...
    Nick’s KōreroBy Nick Rockel
    6 days ago

  • GPS 2024: Investing in reliable public transport
    Transport Minister Simeon Brown has confirmed targeted investment of more than $2 billion over the next three years for public transport projects and services, as part of the draft Government Policy Statement (GPS) on Land Transport.  “Delivering reliable, effective, and efficient public transport is a priority for the Coalition Government. The ...
    BeehiveBy beehive.govt.nz
    1 hour ago
  • GPS 2024: Keeping New Zealanders safer on our roads
    The Coalition Government will keep New Zealanders safe on our roads with a stronger focus on road policing and enforcement, investment in new and safe roading infrastructure, and targeting the leading contributors to fatal crashes, Transport Minister Simeon Brown says.  “The draft Government Policy Statement (GPS) on Land Transport outlines ...
    BeehiveBy beehive.govt.nz
    1 hour ago
  • GPS 2024: Keeping New Zealanders safer on our roads
    The Coalition Government will keep New Zealanders safe on our roads with a stronger focus on road policing and enforcement, investment in new and safe roading infrastructure, and targeting the leading contributors to fatal crashes, Transport Minister Simeon Brown says.  “The draft Government Policy Statement (GPS) on Land Transport outlines ...
    BeehiveBy beehive.govt.nz
    1 hour ago
  • GPS 2024: 15 new Roads of National Significance
    The Coalition Government’s priority for investment in the draft Government Policy Statement (GPS) on Land Transport is to support economic growth and productivity and ensure our land transport system allows people and freight to move quickly and safely, Transport Minister Simeon Brown says.  “Delivering on commitments in our Coalition Agreements, ...
    BeehiveBy beehive.govt.nz
    1 hour ago
  • GPS 2024: 15 new Roads of National Significance
    The Coalition Government’s priority for investment in the draft Government Policy Statement (GPS) on Land Transport is to support economic growth and productivity and ensure our land transport system allows people and freight to move quickly and safely, Transport Minister Simeon Brown says.  “Delivering on commitments in our Coalition Agreements, ...
    BeehiveBy beehive.govt.nz
    1 hour ago
  • GPS 2024: New $500 million Pothole Prevention Fund
    The Coalition Government will increase investment in road maintenance, including establishing a new $500 million Pothole Prevention Fund to tackle the record number of potholes on our roads, Transport Minister Simeon Brown says. “The draft Government Policy Statement (GPS) on Land Transport changes the way we invest in road maintenance, ...
    BeehiveBy beehive.govt.nz
    2 hours ago
  • GPS 2024: New $500 million Pothole Prevention Fund
    The Coalition Government will increase investment in road maintenance, including establishing a new $500 million Pothole Prevention Fund to tackle the record number of potholes on our roads, Transport Minister Simeon Brown says. “The draft Government Policy Statement (GPS) on Land Transport changes the way we invest in road maintenance, ...
    BeehiveBy beehive.govt.nz
    2 hours ago
  • GPS 2024: Over $20 billion to get transport back on track
    Transport Minister Simeon Brown has released the draft Government Policy Statement (GPS) on Land Transport, outlining the Coalition Government’s plan to build and maintain a transport system that enables people to get to where they need to go quickly and safely.  “Over the next three years, our investment of around ...
    BeehiveBy beehive.govt.nz
    2 hours ago
  • GPS 2024: Over $20 billion to get transport back on track
    Transport Minister Simeon Brown has released the draft Government Policy Statement (GPS) on Land Transport, outlining the Coalition Government’s plan to build and maintain a transport system that enables people to get to where they need to go quickly and safely.  “Over the next three years, our investment of around ...
    BeehiveBy beehive.govt.nz
    2 hours ago
  • Remand prisoners to receive rehabilitation support
    The coalition Government has taken the first steps to ensure prisoners on remand can access the rehabilitation and reintegration support they need to turn their lives around, says Corrections Minister Mark Mitchell.   “The number of people on remand has increased by 146 per cent over the past 10 years. With ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Ongoing security plan will help keep hospital EDs safe
    Health Minister Dr Shane Reti says a continuation of increased security measures at eight key hospitals around New Zealand reflects the Government’s ongoing commitment to the safety of healthcare staff, and patients. “I’m very pleased Health NZ – Te Whatu Ora have been able to confirm that additional security support ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Government supports safer digital transactions
    The Government supports the recommendations of the Finance and Expenditure Committee reports on bank scam processes, Commerce and Consumer Affairs Minister Andrew Bayly says. “Scams are becoming more sophisticated and causing a growing number of vulnerable Kiwis significant emotional harm and financial loss. “Altogether, nearly $200 million was lost to ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Government congratulates JPs on centenary
    Associate Minister of Justice Nicole McKee has extended her congratulations to the Royal Federation of New Zealand Justices’ Associations on its centenary this year. The occasion is being celebrated at the Federation’s annual AGM and Conference, which opens in Wellington today.  “Justices of the Peace (JPs) play a vital role ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Government going after gangs’ guns with FPOs
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