Let it Be

Written By: - Date published: 8:44 am, December 12th, 2018 - 56 comments
Categories: class war, Economy, housing, infrastructure, labour, phil twyford, poverty, tenants' rights, workers' rights - Tags: ,

Rejoice! The Labour led Government has just removed a completely unfair tax on accommodation renters, ending the practice of rental firms ripping off tenants by charging a bogus upfront ‘letting’ fee. No doubt the Taxpayers Onion will be overjoyed.

Until today, most property management firms charged new tenants a fee for, er, doing nothing. The letting fee, usually equivalent to a weeks rent, was simply a tax on the vulnerable and powerless, levied out of greed.

Tenants already struggling to find bond in advance, usually before any previous bond was returned, will be relieved that the financial burden has been lessened. It is possible that some rents will increase to cover the supposed loss to the agents, however that is still preferable to paying upfront for a non existent service.

Renters United spokesperson Robert Whitaker is in favour:

“The first thing is, they can actually compare apples with apples in the rental market and not have to worry about letting fees being piled on top of all of their other moving costs.”.

Barfoot and Thompson director Kiri Barfoot says they run a business and provide a service, and it doesn’t worry them who pays for it.

“There are costs to find tenants for a property and someone has to pay for it, so if we can’t charge the tenants, landlords will be looking to pay.”

Which raises an interesting legal question. If the tenants pay for this service, doesn’t that establish a commercial relationship between the agent and the tenant? Doesn’t it follow that the agent has an immediate conflict of interest, because they are clipping the ticket both ways?

Minister Phil Twyford’s is upbeat about the change:

“The previous way that these letting fees were handled was totally unfair to tenants. They were hit with one week’s rent plus GST at the very time they could least afford it. When they were having to pay rent in advance and bond and all the costs of moving.”

Minister Twyford doesn’t think tenants will end up paying more.

“Landlords are already charging as much as they can within supply and demand. So it’s not at all clear that because the small minority of landlords who use property managers want to pass on those fees through rent, it’s not at all clear that they’ll be able to.”

The Misery Party’s Judith Collins cheerfully lied about the dropping of the charge, with a bizarre claim about CGT:

“Now that this government is coming in with even more things like a capital gains tax, there’s not a lot of money in it – so that’s why they have to pass it on.”

In the real world, there are no plans to extend CGT, though it is part of the Tax Working Group’s discussions.

All in all, this is a small, but welcome step in the Government’s overall housing plan. Bringing fairness to the rental market by removing a significant financial hurdle for tenants shows that Labour is taking a global view of our accommodation needs and not just relying on the market to self regulate.

With Kiwibuild underway, house prices rises steadying and Housing NZ revitalised, this is the first Government in 40 years to seriously tackle our housing crisis. In fact, this may be the first Government in a generation that does not actively make the problem worse.

 

56 comments on “Let it Be ”

  1. Andre 1

    The cost of attracting customers is usually borne by whomever is selling and is part of being in business. Would petrol stations be able to charge a “forecourt fee” just to pull up to the pump, or could a supermarket charge a “door fee” to cover their various expenses?

    I’m having trouble coming up with other examples of private businesses being able to charge a fee before you even start using any of their service or product. Mostly it’s former or current government monopolies that can get away with “lines charges” or similar.

    And if it costs landlords to lose their existing tenants and get new ones, maybe they will become more interested in longer tenancies.

    • Muttonbird 1.1

      +1 on the last one para.

      There were instances in Christchurch where the agent was charging a new letting fee for rolling over the lease. That’s the stuff of Satan.

      I don’t think rents will rise across the board. Rental owners don’t raise the rent every time they fix a tap.

    • Blazer 1.2

      Auckland airport charges taxi drivers a $2 fee for dropping passengers off!!

    • KJT 1.3

      Banks do it all the time.

  2. Ankerrawshark 2

    I know this will likely incur the Roth of puckish but Judith is becoming more trump Like by the day, with lies, quoting fake news and personal attacks (young KiwiBuild buyers)

    • Clive Macann 2.1

      Trump like? The opposition there is just as bad or worse. Are you suggesting it’s the same here in NZ?

      • ankerawshark 2.1.1

        Clive, what I meant was Judith’s tactics are beginning to look Trump like. eg quoting a fake news website about the age of consent in France and asking Jacinda to comment on it. Implying that a CGT was already a done deal, criticizing the young Kiwibuild couple on their social media (or her social media)………

    • Puckish Rogue 2.2

      Blasphemy! You bad, evil doer. Get down on your knees, repent and ask our lord for her forgiveness!

      Our Jude, who art in heaven,
      hallowed be thy Name,
      thy government come,
      thy will be done,
      on earth as it is in caucus.

      Give us this day our daily postings.
      And forgive us our trespasses,
      as we forgive those
      who trespass against us. (That’s reference to you)

      And lead us not into socialism,
      but deliver us from communism.

      For thine is the kingdom,
      and the power, and the glory,
      for ever and ever. Amen.

      • ankerawshark 2.2.1

        Pukish, I am glad you feel able to forgive me. But I realized in posting what I did could cause some upset for you. That was not my intent. And I almost hate to say this but stand by my statements.

        I also have to say I admire your tenacity and devotion to your cause.

        • Puckish Rogue 2.2.1.1

          “I also have to say I admire your tenacity and devotion to your cause.”

          Its not hard, I mean when you meet a goddess its as natural as breathing to worship them

    • Cinny 2.3

      trump like judith…. nek minute she’ll be endorsing mike hosking for the UN.

  3. Robert Guyton 3

    Pucky’s Roth?
    David Lee?

  4. Personally I always found the only “significant financial hurdle” I faced as a tenant was paying ever increasing rents.

    But sure, its some nice optics I guess. Give National voting landlords another excuse to feel like the commies are at the door and up the rent (as if they need one), and allow Labour supporting landlords to feel they are nobly taking a presumably ‘significant financial’ hit for the greater good (and upping the rent, but for entirely unrelated reasons I’m sure).

    (On my fb this article appears with the classic photograph of Savage delivering the breakfast table to a new State House.
    That would have to be the most misused photo in the History of New Zealand Labour Party.
    Why on earth do people insist on matching current Labour policy around housing, especially rental stories, with a picture of a family, a single income, tram drivers family, no less, moving into their own home?
    If there is a connection between renting and State houses then It would be more relevant to match these articles with something more current…like a picture of Jacinda delivering a mandarin tree to the nice professional couple moving into their kiwibuild. I wonder if that image will ever become iconic in the struggle of the working classes?)

    • Re: the photo of the Blessed Mickey, the last paragraph of the post explains all:

      With Kiwibuild underway, house prices rises steadying and Housing NZ revitalised, this is the first Government in 40 years to seriously tackle our housing crisis. In fact, this may be the first Government in a generation that does not actively make the problem worse.

      • Antoine 4.1.1

        What we really need is City Councils to seriously tackle our housing crisis

        It’s largely their problem to solve

        A.

      • Siobhan 4.1.2

        No, it doesn’t.

        “In fact, this may be the first Government in a generation that does not actively make the problem worse”.

        ..for life time renters that statement may seem a touch…lackluster. And its certainly not the sort of sentiment that got Savage voted in.

        “Vote for us…we’re better than that bunch of psychos and at least we won’t make things worse, at least not actively, though we will keep to their genius financial constraints” jeez, that’s not really getting me fired up

      • Infused 4.1.3

        None of that is doing anything. Prices are steadying because Auckland been booming for the last 7 years.nits dipping now Wellington is still cranking and rents are getti g higher.

  5. Antoine 5

    All I can say is that if my property manager ups their %, it’s going straight to the tenant, who will pay.

    A.

    • Cinny 5.1

      Why do you use a property manager please Antoine?

      We ditched ours and it’s worked out so much better for all. Highly recommend it if you’ve got good long term tenants.

      • David Mac 5.1.1

        If an owner is out of the country longer than 3 months it is illegal for the owner to manage their own property.

        We have lots of overseas owners.

        If a comfortable drive away and a strong working understanding of the residential tenancy act I think there is a strong case for an owner to mange their own rental.

        If my deceased Grandma left me a house in Kaitaia and I lived in Christchurch, I think I would be foolish not to appoint a manager.

        • Antoine 5.1.1.1

          Some good points there David

          A.

        • Brigid 5.1.1.2

          “If an owner is out of the country longer than 3 months it is illegal for the owner to manage their own property.”
          I don’t think there is any legislation that governs property management. If I’m wrong, could you provide a link that shows there is?

        • Cinny 5.1.1.3

          Thanks David, I didn’t know that re overseas for 3mths rule.

          Our rental is in Welly, so it’s pretty easy to get there from Motueka/Nelson.

          Good point re location.

          We had a bad experience with Quinovic, so ditched them, it’s worked out better for us all. For example, tenants advise if they are going on holiday, and we head over there and do improvements. Mum has always said, if we don’t want to live in the rental, why should we expect anyone else to. As a result have always kept the property in good condition and updated it regularly.

          Are lucky enough to have primo tenants that have been there for years now. They look after the place and we look after them, the rent is low compared to market rates and we give them a week rent free at Christmas.

          Good communication is key.

      • Tricledrown 5.1.2

        No profit if you pay a property manager and most of them just take the money and do nothing not even regular check ups.

        • Antoine 5.1.2.1

          All false there tricldrown, there is still profit and at least some of them demonstrably do stuff

          • Tricledrown 5.1.2.1.1

            If you are an investor you want 6% return on capital minimum if you are landlord paying a mortgage /rates /insurance/maintenance/upgrades to meet new regulations. There is no profit or return on capital if you have to pay a property manager most are just ticket clippers. Antione I work in the building industry and know what happens. Most landlords don’t do regular maintenance they just do patch up jobs to placate tenants that’s the only way they can make a profit.

            • Antoine 5.1.2.1.1.1

              I have a rental property, use a property manager, make a profit, and they do regular checkups and provide photographic evidence among other things.

              A.

    • ankerawshark 5.2

      Antoine are your profit margins so tight on your rental that you have to do this???? I know that is a personal question and I respect that you may not want to answer it.

      I just don’t believe that profit margins are tight at all for landlords. I was one myself a few years back. Unless landlords have over extended themselves in which case my advice is get out of the business.

      • indiana 5.2.1

        There was a time when a Labour government introduced LAQC – Loss Attributing Qualifying Companies. Property investors used this legally and government encouraged avenue to negatively gear themselves so that they could reduce their taxable income. Effectively, the idea was not to be making a profit, but a loss.

      • Antoine 5.2.2

        >Antoine are your profit margins so tight on your rental that you have to do this?

        I’m honestly not sure what my profit margin is, but I’m not inclined to reduce it!

        A.

  6. Mr Marshy 6

    Lol, this reporter really has zero economic nous if he thinks its worth rejoicing. A landlord fee is coming and that will simply be passed on to the tenant. Its called business. You dim socialists really shouldn’t comment on anything business related as your clouded ideology just shows your ineptitude. Report back in a years time when rental stock has shrunk as landlords sell up, and rents rise. See if you are rejoicing then …

    • ankerawshark 6.1

      Actually Mr Marshy, you are making grave assumptions here. I am a business owner and have been a landlord. I have always factored in fairness to tennant customers, and I am doing very well thank you very much. I feel more than entitled to comment on such thing. So actually, and I don’t usually say this sort of thing, shut up.

    • Red Blooded One 6.2

      Wow, so angry with your dim socialists comment Mr Marshy. My property managers have advised that I will be paying a weeks rent if they secure me a tenant in the future. It is not going to be a regular charge (hopefully) as I would much rather my tenants are happy enough to stay long term. The charge will only transfer through to tenants if/when market rent rises occur. If you see a one week charge once in a blue moon as an excuse for you or other landlords to wail, moan and sell up, I suggest you do. The rental market is obviously not conducive to your ethics or lack of.

    • Draco T Bastard 6.3

      If a person is paid by both the landlord and the tenant then who’s he working for?

      • David Mac 6.3.1

        The house.

        Property managers represent the house. Good ones are in the business of creating lovely places to live. Their meagre income comes in from all over the place. Some of the GST on that packet of long grain rice you bought this morning is in a PM’s pocket.

        • Draco T Bastard 6.3.1.1

          If that is true then we don’t need the landlord. The landlord just represents an unnecessary layer of bureaucracy.

          • David Mac 6.3.1.1.1

            Yep, we get how it would work in the Dracosphere.

            The fact remains, there is a layer of landlords because their rental house is a little business and history hurts landlords that don’t approach ownership as a little business.

            • Draco T Bastard 6.3.1.1.1.1

              Yep, we get how it would work in the Dracosphere.

              It’d be cheaper, less expensive and have better results.

              The fact remains, there is a layer of landlords because their rental house is a little business

              That’s not actually a fact. It’s a misunderstanding of history and capitalism.

              If housing was provided by the state then there wouldn’t be any capitalist business available. It is only through the changing of laws (such as the Inclosure Laws etcetera) that allowed rentier capitalism to bloom. Of course, the feudalism that came before was worse but not by much.

  7. David Mac 7

    Property Management is a crap vocation for the greedy. The margins are tiny in that business. They’ve become dependent on letting fees to keep their mouths above the water line.

    Property management income is generally split 50/50 between the franchise holder and the ‘in the field’ property managers. They generally charge about 8% of the rental income. So if a house is returning rent of $300 per week, there’s $24 income for the office. Split 50/50, the property manager is making $12.

    An average roll of 50 rentals x $12 = $600 per week for the manager. Often contractors, they have to pay for their extensive car and phone usage from their $600 per week, then their taxes. Even if managing 100 rentals, that would be a 65 hours a week job to do properly, after overheads, the money is still pretty ordinary.

    For the greed inclined, begging outside a shop pays better than residential Property Management. I don’t think PM’s are looking for letting fee replacements because they’re greedy, I think they’re doing it so that they don’t starve to death.

    • Draco T Bastard 7.1

      For the greed inclined, begging outside a shop pays better than residential Property Management. I don’t think PM’s are looking for letting fee replacements because they’re greedy, I think they’re doing it so that they don’t starve to death.

      I was doing better as a contract pizza delivery driver.

      If your figures are correct then PMs shouldn’t actually exist as they’re not getting enough income to cover their expenses.

      • David Mac 7.1.1

        Ha, yeah exactly, as business models go, the margins are super model skinny.

        • Wensleydale 7.1.1.1

          If it’s such a shit gig, why does anyone do it? Genuine question. What do they get out of it other than stress and a meagre income?

    • Infused 7.2

      My fee is 3%. Landlords need to learn how to negotiate

  8. Draco T Bastard 8

    Minister Twyford doesn’t think tenants will end up paying more.

    “Landlords are already charging as much as they can within supply and demand. So it’s not at all clear that because the small minority of landlords who use property managers want to pass on those fees through rent, it’s not at all clear that they’ll be able to.”

    I think the Minister needs to be appraised of Steve Keen’s work on supply and demand. This short article at Unlearning Economics is probably a good place to start:

    The second reason is to show that, despite economist’s assertions to the contrary, it cannot be proved that a market economy will necessarily maximise social welfare, as, even on their own terms, it is logically possible to have multiple equilibria, some of which are more socially desirable.

    All in all, this is a small, but welcome step in the Government’s overall housing plan. Bringing fairness to the rental market by removing a significant financial hurdle for tenants shows that Labour is taking a global view of our accommodation needs and not just relying on the market to self regulate.

    The market has never self-regulated. When left to their own devices the capitalists become Robber Barons.

    IMO, it is the regulations that define the market and make it fair and even workable. It is only through proper regulation that all costs can be properly accounted for.

    • David Mac 8.1

      Unfortunately I don’t think rents are as high as the market will absorb.

      Any rental anywhere, 1000’s of Trademe views, 100’s of email enquiries, scores of application forms presented.

      Rental listings don’t stick around long, up one week, gone the next. Any rental listing that is up longer than a month is a white elephant.

      I think rental asks are about 25-35% cheaper than what the market is currently dictating. Demand is stomping all over Supply.

      Additional forces come into play: In times of abundant rentals, a $25 rent rise notice might prompt a search for a new place. In these times of rental scarcity we’re more likely to cop a $50 rise on the chin.

      I wouldn’t be holding your breath if you’re waiting for regulators to enforce how much someone can make from their private legitimate business Draco.

      Damn, I’d love to visualise a happy ending to ‘The next decade of rental housing in NZ’ but I struggle.

      • Draco T Bastard 8.1.1

        I wouldn’t be holding your breath if you’re waiting for regulators to enforce how much someone can make from their private legitimate business Draco.

        I’m not.

        Regulations are there to cover fairness, health and safety and to ensure costs are properly accounted for and that the right person is paying them.

        It’s supposedly competition that will reduce profit to zero and that’s never going to work as there simply isn’t enough resources or competition.

      • Antoine 8.1.2

        > Unfortunately I don’t think rents are as high as the market will absorb.

        Clearly not.

        We cannot really fix the rental situation until we improve the supply demand balance. All the power is on the supply side (landlords) and little tweaks like the letting fees thing will not really change anything.

        A.

  9. Pete 9

    I heard various grizzlers yesterday on about how the rental market would collapse because of the change. And that renters will see their rents go soaring. And I’m sure I heard someone intimate the world would end.

    • Muttonbird 9.1

      I heard Hades himself was to ride forth from the underworld on a chariot of babies’ skulls upon the passing of this law.

      I’ve been checking outside but still nothing.

      • Antoine 9.1.1

        I don’t think anyone is saying that this law is a disaster or will make things much worse. What we are saying is that it will not improve the situation substantially for renters, in some cases may make them worse off. We are rejecting TRP’s spin that this is something to ‘rejoice’ over.

        A.

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  • EGU2024 – An intense week of joining sessions virtually
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  • Submission on “Fast Track Approvals Bill”
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    1 day ago
  • On Lee’s watch, Economic Development seems to be stuck on scoring points from promoting sporting e...
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  • New Zealand has never been closed for business
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  • Stop the panic – we’ve been here before
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    2 days ago
  • Melissa Lee and the media: ending the quest
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    2 days ago
  • The Hoon around the week to April 19
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  • Nicola's Salad Days.
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    2 days ago
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    2 days ago
  • Weekly Roundup 19-April-2024
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    2 days ago
  • Jack Vowles: Stop the panic – we’ve been here before
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    2 days ago
  • Clearing up confusion (or trying to)
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    2 days ago
  • How to Retrieve Deleted Call Log iPhone Without Computer
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  • How to Factory Reset iPhone without Computer: A Comprehensive Guide to Restoring your Device
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  • How to Call Someone on a Computer: A Guide to Voice and Video Communication in the Digital Age
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  • Skeptical Science New Research for Week #16 2024
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  • Where on a Computer is the Operating System Generally Stored? Delving into the Digital Home of your ...
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  • How Many Watts Does a Laptop Use? Understanding Power Consumption and Efficiency
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  • How to Screen Record on a Dell Laptop A Guide to Capturing Your Screen with Ease
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  • Climate Change: Turning the tide
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  • Vroom vroom go the big red trucks
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    More Than A FeildingBy David Slack
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  • Jones finds $410,000 to help the government muscle in on a spat project
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    Point of OrderBy Bob Edlin
    2 days ago
  • Again, hate crimes are not necessarily terrorism.
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    3 days ago
  • Despair – construction consenting edition
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    Point of OrderBy poonzteam5443
    3 days ago
  • Coalition promises – will the Govt keep the commitment to keep Kiwis equal before the law?
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    Point of OrderBy poonzteam5443
    3 days ago
  • An impermanent public service is a guarantee of very little else but failure
    Chris Trotter writes –  The absence of anything resembling a fightback from the public servants currently losing their jobs is interesting. State-sector workers’ collective fatalism in the face of Coalition cutbacks indicates a surprisingly broad acceptance of impermanence in the workplace. Fifty years ago, lay-offs in the thousands ...
    Point of OrderBy poonzteam5443
    3 days ago

  • PM’s South East Asia mission does the business
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    BeehiveBy beehive.govt.nz
    18 hours ago
  • $41m to support clean energy in South East Asia
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    BeehiveBy beehive.govt.nz
    1 day ago
  • Minister releases Fast-track stakeholder list
    The Government is today releasing a list of organisations who received letters about the Fast-track applications process, says RMA Reform Minister Chris Bishop. “Recently Ministers and agencies have received a series of OIA requests for a list of organisations to whom I wrote with information on applying to have a ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Judicial appointments announced
    Attorney-General Judith Collins today announced the appointment of Wellington Barrister David Jonathan Boldt as a Judge of the High Court, and the Honourable Justice Matthew Palmer as a Judge of the Court of Appeal. Justice Boldt graduated with an LLB from Victoria University of Wellington in 1990, and also holds ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Education Minister heads to major teaching summit in Singapore
    Education Minister Erica Stanford will lead the New Zealand delegation at the 2024 International Summit on the Teaching Profession (ISTP) held in Singapore. The delegation includes representatives from the Post Primary Teachers’ Association (PPTA) Te Wehengarua and the New Zealand Educational Institute (NZEI) Te Riu Roa.  The summit is co-hosted ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Value of stopbank project proven during cyclone
    A stopbank upgrade project in Tairawhiti partly funded by the Government has increased flood resilience for around 7000ha of residential and horticultural land so far, Regional Development Minister Shane Jones says. Mr Jones today attended a dawn service in Gisborne to mark the end of the first stage of the ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Anzac commemorations, Türkiye relationship focus of visit
    Foreign Affairs Minister Winston Peters will represent the Government at Anzac Day commemorations on the Gallipoli Peninsula next week and engage with senior representatives of the Turkish government in Istanbul.    “The Gallipoli campaign is a defining event in our history. It will be a privilege to share the occasion ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Minister to Europe for OECD meeting, Anzac Day
    Science, Innovation and Technology and Defence Minister Judith Collins will next week attend the OECD Science and Technology Ministerial conference in Paris and Anzac Day commemorations in Belgium. “Science, innovation and technology have a major role to play in rebuilding our economy and achieving better health, environmental and social outcomes ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Comprehensive Partnership the goal for NZ and the Philippines
    Prime Minister Christopher Luxon held a bilateral meeting today with the President of the Philippines, Ferdinand Marcos Jr.  The Prime Minister was accompanied by MP Paulo Garcia, the first Filipino to be elected to a legislature outside the Philippines. During today’s meeting, Prime Minister Luxon and President Marcos Jr discussed opportunities to ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Government commits $20m to Westport flood protection
    The Government has announced that $20 million in funding will be made available to Westport to fund much needed flood protection around the town. This measure will significantly improve the resilience of the community, says Local Government Minister Simeon Brown. “The Westport community has already been allocated almost $3 million ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Taupō takes pole position
    The Government is proud to support the first ever Repco Supercars Championship event in Taupō as up to 70,000 motorsport fans attend the Taupō International Motorsport Park this weekend, says Economic Development Minister Melissa Lee. “Anticipation for the ITM Taupō Super400 is huge, with tickets and accommodation selling out weeks ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Cost of living support for low-income homeowners
    Local Government Minister Simeon Brown has announced an increase to the Rates Rebate Scheme, putting money back into the pockets of low-income homeowners.  “The coalition Government is committed to bringing down the cost of living for New Zealanders. That includes targeted support for those Kiwis who are doing things tough, such ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Government backing mussel spat project
    The Coalition Government is investing in a project to boost survival rates of New Zealand mussels and grow the industry, Oceans and Fisheries Minister Shane Jones has announced. “This project seeks to increase the resilience of our mussels and significantly boost the sector’s productivity,” Mr Jones says. “The project - ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Government focused on getting people into work
    Benefit figures released today underscore the importance of the Government’s plan to rebuild the economy and have 50,000 fewer people on Jobseeker Support, Social Development and Employment Minister Louise Upston says. “Benefit numbers are still significantly higher than when National was last in government, when there was about 70,000 fewer ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Clean energy key driver to reducing emissions
    The Government’s commitment to doubling New Zealand’s renewable energy capacity is backed by new data showing that clean energy has helped the country reach its lowest annual gross emissions since 1999, Climate Change Minister Simon Watts says. New Zealand’s latest Greenhouse Gas Inventory (1990-2022) published today, shows gross emissions fell ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Earthquake-prone buildings review brought forward
    The Government is bringing the earthquake-prone building review forward, with work to start immediately, and extending the deadline for remediations by four years, Building and Construction Minister Chris Penk says. “Our Government is focused on rebuilding the economy. A key part of our plan is to cut red tape that ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Thailand and NZ to agree to Strategic Partnership
    Prime Minister Christopher Luxon and his Thai counterpart, Prime Minister Srettha Thavisin, have today agreed that New Zealand and the Kingdom of Thailand will upgrade the bilateral relationship to a Strategic Partnership by 2026. “New Zealand and Thailand have a lot to offer each other. We have a strong mutual desire to build ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Government consults on extending coastal permits for ports
    RMA Reform Minister Chris Bishop and Transport Minister Simeon Brown have today announced the Coalition Government’s intention to extend port coastal permits for a further 20 years, providing port operators with certainty to continue their operations. “The introduction of the Resource Management Act in 1991 required ports to obtain coastal ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Inflation coming down, but more work to do
    Today’s announcement that inflation is down to 4 per cent is encouraging news for Kiwis, but there is more work to be done - underlining the importance of the Government’s plan to get the economy back on track, acting Finance Minister Chris Bishop says. “Inflation is now at 4 per ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • School attendance restored as a priority in health advice
    Refreshed health guidance released today will help parents and schools make informed decisions about whether their child needs to be in school, addressing one of the key issues affecting school attendance, says Associate Education Minister David Seymour. In recent years, consistently across all school terms, short-term illness or medical reasons ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Unnecessary bureaucracy cut in oceans sector
    Oceans and Fisheries Minister Shane Jones is streamlining high-level oceans management while maintaining a focus on supporting the sector’s role in the export-led recovery of the economy. “I am working to realise the untapped potential of our fishing and aquaculture sector. To achieve that we need to be smarter with ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Patterson promoting NZ’s wool sector at International Congress
    Associate Agriculture Minister Mark Patterson is speaking at the International Wool Textile Organisation Congress in Adelaide, promoting New Zealand wool, and outlining the coalition Government’s support for the revitalisation the sector.    "New Zealand’s wool exports reached $400 million in the year to 30 June 2023, and the coalition Government ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Removing red tape to help early learners thrive
    The Government is making legislative changes to make it easier for new early learning services to be established, and for existing services to operate, Associate Education Minister David Seymour says. The changes involve repealing the network approval provisions that apply when someone wants to establish a new early learning service, ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • RMA changes to cut coal mining consent red tape
    Changes to the Resource Management Act will align consenting for coal mining to other forms of mining to reduce barriers that are holding back economic development, Resources Minister Shane Jones says. “The inconsistent treatment of coal mining compared with other extractive activities is burdensome red tape that fails to acknowledge ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • McClay reaffirms strong NZ-China trade relationship
    Trade, Agriculture and Forestry Minister Todd McClay has concluded productive discussions with ministerial counterparts in Beijing today, in support of the New Zealand-China trade and economic relationship. “My meeting with Commerce Minister Wang Wentao reaffirmed the complementary nature of the bilateral trade relationship, with our Free Trade Agreement at its ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Prime Minister Luxon acknowledges legacy of Singapore Prime Minister Lee
    Prime Minister Christopher Luxon today paid tribute to Singapore’s outgoing Prime Minister Lee Hsien Loong.   Meeting in Singapore today immediately before Prime Minister Lee announced he was stepping down, Prime Minister Luxon warmly acknowledged his counterpart’s almost twenty years as leader, and the enduring legacy he has left for Singapore and South East ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • PMs Luxon and Lee deepen Singapore-NZ ties
    Prime Minister Christopher Luxon held a bilateral meeting today with Singapore Prime Minister Lee Hsien Loong. While in Singapore as part of his visit to South East Asia this week, Prime Minister Luxon also met with Singapore President Tharman Shanmugaratnam and will meet with Deputy Prime Minister Lawrence Wong.  During today’s meeting, Prime Minister Luxon ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Antarctica New Zealand Board appointments
    Foreign Minister Winston Peters has made further appointments to the Board of Antarctica New Zealand as part of a continued effort to ensure the Scott Base Redevelopment project is delivered in a cost-effective and efficient manner.  The Minister has appointed Neville Harris as a new member of the Board. Mr ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Finance Minister travels to Washington DC
    Finance Minister Nicola Willis will travel to the United States on Tuesday to attend a meeting of the Five Finance Ministers group, with counterparts from Australia, the United States, Canada, and the United Kingdom.  “I am looking forward to meeting with our Five Finance partners on how we can work ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Pet bonds a win/win for renters and landlords
    The coalition Government has today announced purrfect and pawsitive changes to the Residential Tenancies Act to give tenants with pets greater choice when looking for a rental property, says Housing Minister Chris Bishop. “Pets are important members of many Kiwi families. It’s estimated that around 64 per cent of New ...
    BeehiveBy beehive.govt.nz
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