web analytics

Keynes vs Hayek debate at the London School of Economics

Written By: - Date published: 12:28 am, August 6th, 2011 - 25 comments
Categories: debt / deficit, economy, Economy, Keynes, monetary policy, uncategorized - Tags:

BBC Radio 4 in the UK has a very interesting debate pitting followers of Keynes vs those of Hayek available at: podcast Being the LSE there are quite a few Hayekians in the audience for riposte. The debater’s arguments from both sides are stimulating – but I must agree with the point which Skidelsky makes over and again that the Hayekian argument for getting out of a recession is to let society fail is unacceptable.

Chair: BBC Newsnight economics editor Paul Mason

For Keynes:
Robert Skidelsky
Duncan Whelden

For Hayek:
George Selgin
Jamie White

If you haven’t had a chance Skidelsky’s latest book on Keynes it is well worth a read.

25 comments on “Keynes vs Hayek debate at the London School of Economics ”

  1. Carol 1

    When I click the play button, I get “file not found”.

  2. Afewknowthetruth 2

    A seagull flying over my garden and defecating would be a lot more valuable than listening to economists debate: at least the seagull would provide some nutrient to the soil. The economists would churn a lot of hot air containing nothing of value whatsoever -idiotic statements based on bizarre theories that are conpletely unrelated to anything happening in the real world.

    The entire economic system is a fraud, since the money system is based on fraud and economists take no account of the crucial role of energy in making things happen. Nor do they take any account of the increasing effect of pollution on the ability of human societies to function. GDP is a hopeless (fraudulent) measure of the well-being of societies, and in practice increasing GDP equates with generally worsening conditions throughout the world. Modern economics is officially sanctioned looting of the planet we live on and its convesion into waste.

    Fortunately, the peaking of the oil supply is in the process of demolishing global economic arrangements and demonstrating that the vast majority of economists don’t know what they are talking about.

    Unfortunately, economists still have a strangehold on socieety and most people are going to suffer horribly over the next few years as a consequence of the peaking of the oil supply and the abject failure of economists to estabish sane economic arrangements.

    • Draco T Bastard 2.1

      …and economists take no account of the crucial role of energy in making things happen.

      Despite the fact that economics is supposed to be about the study and distribution of scarce resources they fail to take any of them and their effect upon the environment into account. All they focus on is money and how to make a profit from it. This, of course, means that they fail to understand the real economy which is about the availability and distribution of resources in a sustainable way.

      Modern economics is officially sanctioned looting of the planet we live on and its convesion into waste.

      Or, as I’ve described it before, Capitalism is nothing but legalised theft.

    • But is this truth the whole truth and nothing but the truth AFKT?
      A question about what seems to be your basic assumption – capitalism based on fraud.
      What is the basis of this fraud? Is it the theft of value in the production process, or the pretence that money must always represent value?
      If the latter I can see that you hold out hope that capitalism can be managed, provided the fraudsters are kicked out (by whom?).
      If the former, then money and economists are not the real problem, but symptoms of a much deeper problem in capitalism that cannot be corrected short of overthrowing it.

      • KJT 2.2.1

        A mixed economy with a democratically regulated capitalist market and democratic control to prevent the dishonest and greedy from crowding out the market has delivered the most successful, equitable and stable economies ever.

        The mixed economies of Northern Europe are stable and prosperous. They are even beginning to address AGW. South American countries which have headed in this direction recently are also doing fine. Look at Argentina’s per capita GDP before and after they told the banks to get F–ked.

        Unfortunately the voodoo economics and neo-liberal meanness that has destroyed the USA, UK, Greece, Ireland, and, soon NZ, are getting a foot hold even there. Supported by the rich propagandists, and authoritarian followers, who have taken us for a ride already.

        • Colonial Viper 2.2.1.1

          One step further is required. A significant percentage of the capital in society needs to exist in worker owned organisations, organisations which may be for profit or not for profit.

          Workers will also be the owners and managers of their workplaces.

          Mutual organisations, unions, credit unions, co-ops and other collective enterprises (some for profit, some not for profit) should be established and supported as part of this theme.

          In this way a standard capitalist system can be harnessed and transformed into democratic socialism.

          Therefore, the power of highly capitalist highly wealth concentrated corporates would be severely curtailed using market mechanisms.

          • KJT 2.2.1.1.1

            Could work. Need a source of capital though.

            Government spending capital into various types of business.

            No reason why Government cannot add zero’s to the money supply.
            Instead of overseas lenders who require a premium to do so.

            This is only inflationary if competing for resources already utilised.
            With our level of underemployment that is unlikely.

            A DFC. Like Singapore, perhaps.

            Applications assessed by an expert panel?

            The underlying problem though is we are ran by a minority of people for the benefit of a minority. Real democracy is harder for the wealthy to subvert.

            • Colonial Viper 2.2.1.1.1.1

              A-ha, now you’re thinking!

              A Government venture capital/development fund for instance. Perhaps set up as an SOE. Staffed with experts and entrepreneurs. Gives existing companies and new startups a helping hand in becoming and staying worker owned, in growing and becoming more successful. The Government might own a small stake in each firm too.

              Important: this is about creating a collectively owned mutualistic economy, not a centrally planned one. Market mechanisms will still reward success and stimulate innovation and creativity.

              Its just that the owners of the firms will be worker-owners, they will proft from the hard work, not some hands-off fat cat shareholder in Sydney or LA.

              • Draco T Bastard

                A Government venture capital/development fund for instance. Perhaps set up as an SOE. Staffed with experts and entrepreneurs. Gives existing companies and new startups a helping hand in becoming and staying worker owned, in growing and becoming more successful. The Government might own a small stake in each firm too.

                Government prints money, gives it to a start up, start up fails or is successful. Neither outcome is detrimental to the economy. If it succeeds then the cost will be recuperated through taxes and if it fails then the cost is spent into the economy maintaining it until those costs are recuperated through taxes.

                The only real difference is that the benefit of that business will go through to the entire community rather than a single individual as what happens under present capitalism.

            • Draco T Bastard 2.2.1.1.1.2

              Instead of overseas lenders who require a premium to do so.

              This is only inflationary if competing for resources already utilised.
              With our level of underemployment that is unlikely.

              Incorrect. Inflation is almost solely due to the banks printing money. Cancel that privilege and the government could easily print as much money as needed as long as they taxed highly enough to remove it as well.

  3. aerobubble 3

    Listening to the Climate Change denier on TV, know they believe in greenhouse gas warming and that humans create them, so a credible debater would know better that to let the denier off, and pull up their past historical error of the denial community. Not out tv overloads.

    But worse, then the interviewer lets the denier demand he has the answer, the free market will solve – adapt and we don’t need government intervention to mitigate climate change. Whoops, the US government just intervened again to shore up the financial markets!!! Who do they take us for?

    But worse, the market *is* mitigating the greenhouse gas problem by crashing, by wiping off billions of estimated worth because peak oil has arrived and the valuation were on ongoing cheap oil being plentiful. So the joke being this right wing denier claiming the free market will adapt, when the free market is mitigating the problem by losing billions of value to those who – well- are in climate denial!!!

    The denier makes the claim that we can adapt to the car crash, when the climate disaster isn’t so predictable, or some time off, in fact the north polar sea ice is disappearing face and the3 market is rushing in to pump out any oil there! some adapting hey!

    No, our disaster is more like a baby thrown out with the bath water because dumb interviewers give rightwing jerks untrampled time to speak nonsense, a baby that is even as we speak falling down a steep cliff getting its bones broken and making recover all the harder.

    Yes, you guessed right, another lets not do anything, the right have this idiot savant who knows the free market will save us all.

    Jesus freaks and right wingers there’s a reason they seek each other out, misery loves company.

    • Zaphod Beeblebrox 3.1

      Bet the dinosaurs were pissed that they did not have the free market to correct for the asteroid 65 million years ago. Having a AAA credit rating and no net debt might have helped them too.

  4. Oligarkey 4

    Pretty much agreeing with AFKTT here. The Federal Reserve scam is at the heart of the rot in US capitalism. It is the biggest and most profoundly hypocritical fraud operation i can think of. All glossed over by the MSM of course. No wonder the system is so sick, when at its core, is a legally-sanctioned counterfeiting operation.

    http://www.themoneymasters.com/

    • Colonial Viper 4.1

      Glass Steagall needs to be put back in place, and if possible strengthened. Heh the original was only 10 pages long to start with, brilliant work from the 1930’s, not the thousand page loop hole filled monstrosities Congress now pushes through.

      • Oligarkey 4.1.1

        Agreed – if the value of money is based on nothing but the collective confidence, or lack of, in the world of finance, then there will always be boom and bust. That’s not a sustainable model, nor even remotely desirable one.

        There must be a holistic system, that is tied to something real. Even a gold standard is preferable. But Nixon did away with that, claiming it was “limiting growth”. Like the world can sustain the 4% annual growth of the 1960s …. which was based on 4% annual growth in hydrocarbon consumption … not going to happen any more.

  5. Oligarkey 5

    John Key, coming from the New York banking circuit, is no doubt well-aware of how the scam operates, and is also in a great amount of debt to it, given his rapid ascension in the heart of the beast. Time for a new PM here, but most preferable, would be a global economic system that isn’t based on trillions of dollars of private banking fraud. Come on America!

  6. Afewknowthetruth 6

    Replying to Dave. The economic system is full of frauds and distortions.

    The first fraud is the manner in which money is created out of thin air via fractional reserve banking.

    The second fraud is the charging of interest on [most] loans when the money required for interest payments is not created at the time of the loan.

    The third fraud is the use of GDP, which is a false measure of economic activity and counts negative factors as positive.

    The fourth fraud is transferring resources from one part of the world (where they have a low value) to another part of the world (where they have a higher value) using energy which is grossly undervalued., e.g. one tank of petrol/diesel is equivalent to six weeks hard labour, yet is ‘worth’ around $60. Who would do hard labout for $10 a week? That is massive distortion, as is the undervalued Yuan, which is undervalued by around 500%.

    The frauds and distortions go on and on…..at least another ten inherent in the system I could list, but I don’t want to bore you.

    • AFKTT. I thought so, all of these are ‘frauds’ are potentially reformable by getting rid of those who perpetrate these unequal exchanges. What you are saying is that some elites manage (rent rort) the system by buying cheap and selling dear. All we need is some reform in the system to equalise exchange i.e. value for value.

      For Marx however, unequal exchange is a secondary phenomenon that affects the prices of commodities around their value. It bears on production of value by cheapening inputs but its essentially theft.

      Capitalism got its start by theft (primitive accumulation), and grew by sucking slave and unpaid labour into its system. But it developed as a highly productive system only when it reached a minimum wage to sustain life and began applying new machinery to increase labour productivity. This reduced necessary labour time and brought down the value of commodities.

      However, capitalism still uses unequal exchange (theft) at the margins in the neo-colonies and semi-colonies (like NZ) to boost profits especially when labour’s historic gains prevent devaluation of living standards.

      But the basic point is that the system does not function by buying cheap and selling dear except at the margins. At the centre of all the big capitalist powers is highly developed industry that sets the value of commodities by the real wage or the value of the labour power expended in production at a level set by a historic compromise between labour and capital.

      The inherent crisis of capitalism is that it cannot extract enough value in the process of production to maintain sufficient profits over all the capital in existence so that excess capital is the result.

      This is where Keynesian state intervention comes in, substituting for capitalists who want to hoard their excess capital or these days engage in casino capitalism betting on future prices of existing commodities or buying future prices of commodities that do not yet exist, so to stimulate demand and therefore productive investment. But the fact is that the capitalists control the state and make sure that they receive the bailouts to cover their debts and finance a return to hoarding and speculation rather than invest productively.

      It follows that both the banks and corporates have to be socialised, but not by a state that consists of corrupt capitalist cronies, but a state that represents the interests of the working class that produces the wealth. Only such a workers state can make sure that capital is socialised and invested in production to meet needs rather than profits.

      The market is a total handicap to this so no mixed system is feasible. Moreover the crisis of capitalism is now a crisis of human survival so the stakes are high – for workers to survive, capitalism must die.

  7. Afewknowthetruth 7

    Dave I think you are only getting part of the picture.

    Capitalism only became ‘really successful’ after steam engines were perfected.

    Steam engines converted the ancient sunlight stored in coal into energy that could be used to modify the environment, shift raw materials and goods etc. Coal amounted to a huge and more or less continuous subsidy to industrialised nations.

    The transition to use of oil reduced costs and increased the capacity to modify the environment (chop down trees, strip the oceans of fish etc.) Use of oil amounted to an even bigger subsidy to industrial nations.

    For most of the 20th century energy was extracted from places like the US, Azerbaijan, Persia (later Iran), Saudi Arabia, Nigeria, Venezuela etc. The energy required to extract oil was around 1/100th of the energy obtained. And in most cases very little royalties were paid to the nations from which the oil was effectively stolen. Capitalism thrived on stolen energy that fed machinery.

    Well that game is almost over. The extraction of conventioanl oil peaked around 2005. The huge energy subsidy most developed nations have enjoyed for the past 150 -200 years is disappearing fast, and all the complex systems that are dependent of cheap, abundant energy will disintegrate over the coming years.

    Although the present global crisis is couched in terms of finance, it is actually an energy-resources crisis. Without energy nothing happens: ignoring that reality is a major flaw of mainstream economic theory.

    .

    • No I get the picture. Capitalism depends on drawing down nature’s bounty which includes the labour power of its workers. Its fucked. We have little time to smash capitalism and rescue humanity and the rest of nature. We can only do that by uniting workers all around the world. I look to the Chinese working class to lead the way. China is caught in the most powerful contradiction, impelled by a form of state capitalism to grow rapidly or implode, at the cost of exhausting nature and bringing ecological catastrophe not only to China and its territories, but to other parts of the world. Just look at the recent response to the derailing of the rapid rail. Chinese workers are seething at the pace of the destruction of their society and they are undefeated and pacified by a century of acclimatisation to capitalism. They hold their government to account and are too big to suppress. That is the big picture.

  8. The full unedited podcast is now available permanently on the LSE public lectures podcast channel –

    http://www2.lse.ac.uk/newsAndMedia/videoAndAudio/channels/publicLecturesAndEvents/player.aspx?id=1107

Recent Comments

Recent Posts

  • Government funding to fight infectious diseases
    $36 million for research into Covid-19 and other infectious diseases The investment will improve our readiness for future pandemics Research will focus on prevention, control, and management of infectious diseases The Government’s investing in a new Infectious Diseases Research Platform to boost Aotearoa New Zealand’s Covid-19 response and preparedness for ...
    BeehiveBy beehive.govt.nz
    18 hours ago
  • Quarantine-free travel with Australia to remain suspended for a further 8 weeks
    Suspension to be reviewed again mid to late November Decision brought forward to enable access from Australia to first tranche of around 3000 rooms in MIQ Air New Zealand working at pace to put on more flights from Australia from October    The suspension of quarantine-free travel (QFT) with Australia has ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Extra support for Ethnic Communities to share vaccination information
    Extra support is being made available to Ethnic Communities to help them share COVID-19 vaccination information within their communities, Minister for Diversity, Inclusion and Ethnic Communities Priyanca Radhakrishnan said. “We know we need to get every eligible person in New Zealand vaccinated. A fund being launched today will allow for ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • School holidays remain unchanged for Auckland region
    School holidays in Auckland will continue to be held at the same time as the rest of the country, starting from Saturday, 2 October, Education Minister Chris Hipkins said today. “I’ve carefully considered advice on the implications of shifting the dates and concluded that on balance, maintaining the status quo ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Government continues crackdown on gangs and organised crime
    Operation Tauwhiro extended until March 2022 Since it was launched in February, Operation Tauwhiro has resulted in:   987 firearms seized $4.99 million in cash seized 865 people charged with a firearms-related offence Gangs and organised crime groups will continue to be relentlessly targeted with the extension of Police’s successful ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Speech to Body Positive 'HIV Treatments Update Seminar 2021'
    E ngā mana E ngā reo E ngā iwi Tēnā koutou katoa Ka huri ki ngā mana whenua o te rohe nei. Tēnā koutou. He mihi hoki ki a tatou kua tau mai nei I raro I te kaupapa o te rā. Nō reira tēnā koutou katoa Acknowledgements It’s a ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • NZ economy’s strong momentum will support rebound from Delta outbreak; COVID fund replenished
    The economy showed strong momentum in the period leading up to the recent Delta COVID-19 outbreak, which bodes well for a solid economic rebound, Grant Robertson said. GDP rose 2.8 percent in the June quarter, following on from a 1.4 percent increase in the previous March quarter. This was a ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Projects create benefits into the future
    Making a well-known lake swimmable and helping to halt the decline of the endangered hoiho/yellow-eyed penguins are among a suite of new projects being supported by the Government’s Jobs for Nature programme across the southern South Island, Conservation Minister Kiri Allan says. “It’s no secret that many of our most ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Opening statement for Whāriki Indigenous Small Business Roundtable
      Kei ngā tōpito e wha o te āo e rere ana te mihi maioha ki a koutou nō tawhiti, nō tata mai e tāpiri ana ki tēnei taumata kōrero mo te ao hokohoko arā mā ngā pākihi mo ngā iwi taketake Tēnā koutou, tēnā koutou katoa – Pai Mārire.  ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • New members appointed to Kāpuia
    The Government is adding four additional members to Kāpuia, the Ministerial Advisory Group on the Government’s Response to the Royal Commission of Inquiry into the terrorist attack on Christchurch mosques. “I’m looking forward to having Pamela MacNeill, Huia Bramley, Melani Anae and Katherine Dedo  join Kāpuia and contribute to this group’s ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Timeline confirmed for Emissions Reductions Plan
    Cabinet has agreed to begin consulting on the Emissions Reduction Plan in early October and require that the final plan be released by the end of May next year in line with the 2022 Budget, the Minister of Climate Change, James Shaw confirmed today. “Cabinet’s decision allows organisations and communities ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Pay parity pathway for early learning teachers confirmed
    Pay parity conditions and higher funding rates for education and care services will come into force on 1 January, 2022, Minister of Education Chris Hipkins confirmed today. The Government signalled this work in Budget 2021. “From 1 January, 2022, centres opting into the scheme will receive government funding and be ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Speech to the New Zealand Nurses Organisation Conference 2021
    Kia Ora tatau katoa.   Ka tuku mihi ki nga nēhi, He pou Hauora o Aotearoa, E ora ai tatou.   Whakatau mai  I runga i te kaupapa o te ra Te NZNO conference.   Tena koutou tena koutou Tena tatou katoa   Good morning, and thank you inviting me ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Government investment in farmer-led catchment groups sweeps past 150 mark
    171 catchment groups have now been invested in by the Government 31 catchment groups in the Lower North Island are receiving new support More than 5,000 farmers are focussed on restoring freshwater within a generation through involvement in catchment groups  Government investment in on-the-ground efforts by farmers to improve land ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Fight to protect kauri on track
    The Government is pitching in to help vital work to protect nationally significant kauri forests in Auckland, Minister of Conservation Kiri Allan says. “Ensuring the survival of these iconic trees for future generations means doing everything we can to prevent the potential spread of kauri dieback disease,” Kiri Allan said. ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Joint statement of Mr Bernard Monk; Hon Andrew Little, Minister Responsible for Pike River Re-entry,...
    [Note: The Parties have agreed on terms to fully and finally settle the proceeding and will jointly issue the below statement.] At the heart of this litigation are the lives of the 29 men tragically lost at the Pike River mine on 19 November 2010 and to whom we pay ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • More financial support for businesses
    Today’s decision to keep Auckland in a higher COVID Alert Level triggers a third round of the Wage Subsidy Scheme which will open for applications at 9am this Friday. “The revenue test period for this payment will be the 14th to the 27th of September. A reminder that this is ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Aotearoa New Zealand provides further humanitarian support for Afghanistan
    Aotearoa New Zealand is providing a further $3 million in humanitarian assistance in Afghanistan, Foreign Minister Nanaia Mahuta announced today.  “There is significant humanitarian need in Afghanistan, with the crisis disproportionately affecting women and girls,” said Nanaia Mahuta. The UN has estimated that 80% of the quarter of a million ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Innovative te reo prediction tool announced in Te Wiki o Te Reo Māori
    A new Māori language prediction tool will play a key role in tracking our te reo Māori revitalisation efforts, Minister for Māori Development Willie Jackson announced today. He Ara Poutama mō te reo Māori (He Ara Poutama) can forecast the number of conversational and fluent speakers of te reo Māori ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Further Government support for people to access food and essential items
    The Government is responding to need for support in Auckland and has committed a further $10 million to help people access ongoing food and other essential items, Minister for Social Development Carmel Sepuloni announced today. This latest tranche is targeted at the Auckland region, helping providers and organisations to distribute ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Half a million Pfizer vaccines from Denmark
    The Government has secured an extra half a million doses of Pfizer COVID-19 vaccines from Denmark that will start arriving in New Zealand within days, Prime Minister Jacinda Ardern announced today. “This is the second and larger agreement the Government has entered into to purchase additional vaccines to meet the ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Inland Revenue providing essential COVID support for businesses
    Inland Revenue is seeing increased demand for Resurgence Support Payments and other assistance schemes that it administers, but is processing applications quickly, Revenue Minister David Parker said today. David Parker said the Resurgence Support Payment, the Small Business Cashflow (loan) Scheme and the Wage Subsidy are available at the same ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • New Zealand marks 20th anniversary of 9/11 attacks
    New Zealand is expressing unity with all victims, families and loved ones affected by the September 11 2001 terrorist attacks, and all terrorist attacks around the world since, including in New Zealand. “Saturday marks twenty years since the 9/11 terrorist attacks in the United States, which killed nearly 3,000 people ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Speech to SPREP Environment Ministers
    Talofa Honourable Ulu of Tokelau Faipule Kelihiano Kalolo Tēnā koutou katoa and warm Pacific greetings from Aotearoa to your excellencies, ladies and gentlemen. The new science released by the Intergovernmental Panel on Climate Change on 8 August paints an alarming picture of the projected impacts of climate change on the ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Additional Resurgence Support Payments to support business
    Businesses affected by higher Alert Levels will be able to apply for further Resurgence Support Payments (RSP). “The Government’s RSP was initially intended as a one-off payment to help businesses with their fixed costs, such as rent. Ministers have agreed to provide additional payments to recognise the effects of an ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • More Dawn Raids scholarships announced
    Details of the ‘Manaaki New Zealand Short Term Training Scholarships’, a goodwill gesture that follows the Government’s apology for the Dawn Raids of the 1970s, were released today by Pacific Peoples Minister Aupito William Sio. “These scholarships that are targeted to the Pacific will support the kaupapa of the Dawn Raids’ ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • One-way quarantine-free travel for RSE workers starting in October
      One-way quarantine-free travel for Recognised Seasonal Employer (RSE) workers from Samoa, Tonga and Vanuatu starts in October New requirement for RSE workers to have received their first vaccination pre-departure, undertake Day 0 and Day 5 tests, and complete a self-isolation period of seven days, pending a negative Day 5 ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Govt boosts Pacific suicide prevention support
    Applications have opened for the Pacific Suicide Prevention Community Fund as the Government acts to boost support amid the COVID delta outbreak. “We know strong and connected families and communities are the most important protective factor against suicide and this $900,000 fund will help to support this work,” Health Minister ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Govt parks the expiry of licenses, WoFs and regos
    As a result of the Delta outbreak, driver licences, Warrants of Fitness (WoFs), Certificates of Fitness (CoFs), vehicle licences (‘regos’) and licence endorsements that expired on or after 21 July 2021 will be valid until 30 November 2021, Transport Minister Michael Wood has announced today. “While this extension won’t officially ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • COVID-19 community fund to provide support for vulnerable women and girls
    Minister for Women Jan Tinetti today announced a $2 million community fund that will provide support for women and girls adversely affected by COVID-19. “We know that women, particularly those who are already vulnerable, are disproportionally affected by the kind of economic disruption caused by COVID-19,” Jan Tinetti said. ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Next phase of support for Fiji’s COVID-19 response announced
    A further NZ$12 million of support for Fiji’s COVID-19 response has been announced by Foreign Minister Hon Nanaia Mahuta today. The package builds on previous tranches of assistance Aotearoa New Zealand has provided to Fiji, totalling over NZ$50 million. “Fiji remains in a very challenging position in their response to ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Robotic asparagus harvester aimed at addressing industry challenges
    The Government is backing a $5 million project to develop a commercial-scale autonomous robotic asparagus harvester, Agriculture Minister Damien O’Connor announced today. The Sustainable Food and Fibre Futures fund (SFF Futures) is contributing $2.6 million to the project. Project partner Robotics Plus Limited (RPL) will build on a prototype asparagus ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Additional Pfizer vaccines to arrive tomorrow
    More than a quarter of a million additional doses of the Pfizer vaccine are on their way from Spain to New Zealand, Prime Minister Jacinda Ardern announced today. The additional doses will arrive in Auckland on Friday morning to help meet the current surge in demand for vaccination. “It’s been ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Young people to have their voices heard in Youth Parliament 2022
    The dates and details for Youth Parliament 2022 have been announced today by Minister for Youth Priyanca Radhakrishnan, and the Speaker of the House of Representatives. Youth Parliament is an opportunity for 141 young people from across Aotearoa New Zealand to experience the political process and learn how government works. ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Boosting support for tertiary students affected by COVID-19
    Students facing a hard time as a result of COVID-19 restrictions will continue to be supported,” Education Minister Chris Hipkins confirmed today. The Government is putting a further $20 million into the Hardship Fund for Learners, which will help around 15,000 students to stay connected to their studies and learning. ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • COVID-19: Immediate relief available for Māori and iwi organisations
    The Government has reprioritised up to $5 million to provide immediate relief to vulnerable whānau Māori and communities during the current COVID-19 outbreak Minister for Māori Development Willie Jackson announced today. The COVID-19 2021 Whānau Recovery Fund will support community-driven, local responses to gaps in access and provision of critical ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • New beef genetics programme to deliver cows with smaller environmental hoof-print
    The Government is backing a genetics programme to lower the beef sector’s greenhouse gas emissions by delivering cows with a smaller environmental hoof-print, Agriculture Minister Damien O’Connor announced today. Informing New Zealand Beef is a seven-year partnership with Beef + Lamb New Zealand that is expected to result in more ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Appointments to the New Zealand Qualifications Authority
    Education Minister Chris Hipkins today announced new appointments to the board of the New Zealand Qualifications Authority (NZQA). Former Associate Minister of Education, Hon Tracey Martin, has been appointed as the new Chair for NZQA, replacing the outgoing Acting and Deputy Chair Professor Neil Quigley after an 11-year tenure on ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Govt supports residential house building by allowing manufacture of building supplies
    The Government has agreed to allow some building product manufacturing to take place in Auckland during Covid lockdown to support continued residential construction activity across New Zealand. “There are supply chain issues that arise from Alert Level 4 as building products that are manufactured domestically are mostly manufactured in Auckland. ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Government invests in scientific research to boost economy, address climate change and enhance wellb...
    Research, Science and Innovation Minister Hon Dr Megan Woods has today announced the recipients of this year’s Endeavour Fund to help tackle the big issues that New Zealanders care about, like boosting economic performance, climate change, transport infrastructure and wellbeing. In total, 69 new scientific research projects were awarded over ...
    BeehiveBy beehive.govt.nz
    2 weeks ago