web analytics

Masters of Finance?

Written By: - Date published: 11:34 am, May 20th, 2015 - 52 comments
Categories: debt / deficit, Economy, labour, national - Tags:

MastersOfFinance

Labour: Net debt goes from $22 billion to $0

National: Net debt has gone back up to over $46 billion

Source: Treasury

 

52 comments on “Masters of Finance? ”

  1. Ovid 1

    But..but…but showerheads! Lightbulbs!

  2. johnm 2

    Jesus wept? Looking at this disaster by the bean counter in chief is enough to make me weep! 🙁

  3. Enough is Enough 3

    We are a trading nation. Compare the world economies during the same period for a better analysis.

    • Draco T Bastard 3.1

      No country should set itself up as a ‘trading nation’. What we should be doing is zeroing ourselves up as being self sufficient with minimal trading.

      • Enough is Enough 3.1.1

        That’s a different point though isn’t it.

        We are what we are.

        We will never be what you want us to be in your idealistic, paradise.

        • Draco T Bastard 3.1.1.1

          Actually, the way we are is the ideology.

          • Enough is Enough 3.1.1.1.1

            Why do you think we should put up man made borders and isolate ourselves from the rest of humanity?

            Aren’t we all on this planet together, and therefore have to strive together towards some inclusive outcomes?

            Why should only those who were lucky enough to be born in Planet Draco be able to benefit from the non-trading society existing there?

            • Draco T Bastard 3.1.1.1.1.1

              Why do you think we should put up man made borders and isolate ourselves from the rest of humanity?

              Where did I say we should?

              Aren’t we all on this planet together, and therefore have to strive together towards some inclusive outcomes?

              And such outcomes need to be economic. Trading is, especially over long distances, uneconomic as it uses up more resources.

              Why should only those who were lucky enough to be born in Planet Draco be able to benefit from the non-trading society existing there?

              I didn’t say that there’d be no trading did I?

  4. Colonial Rawshark 4

    Oh FFS Bunji, this is utter bullshit.

    Cullen ran a debt swap during his years in power. He created government surpluses by allowing the private sector to fall deeper and deeper into debt. Labour 5 swapped government debt for private sector debt.

    At the end of 3 terms in power Labour left NZ as a whole deeper in foreign debt than when it started – its just that the government’s share of that debt decreased.

    Any government which runs a surplus in NZ is setting households and businesses up for a recession, due to the reality of sectorial money balances.

    Figure it out.

    • Enough is Enough 4.1

      Exactly

      Was New Zealand’s (the private and public sector) debt better off at the end of Cullen’s reign?

      • hoom 4.1.1

        Is the Private sector debt any better after 7yrs of Nats?
        I bet its worse at a higher rate.

        • Bunji 4.1.1.1

          private sector debt has not decreased for the major increase in government debt, no.

          I wouldn’t agree with the analysis that public and private debt are so strongly linked. Both need solving, and Cullen didn’t solve the Current Account Deficit, no.

          I just replied to CR in another post on much the same stuff.

    • Andrew 4.3

      +lots!

      and over those boom years from 2003 to 2008, govt spending increased by 50% in just over 5 years. Then when the ass dropped out of the economy we were left with spending promises that couldn’t be cut without disadvantaging those most in need. That is where the debt comes from.

      • Puddleglum 4.3.1

        when the ass dropped out of the economy we were left with spending promises that couldn’t be cut without disadvantaging those most in need.”

        That suggests that if ‘those most in need’ had not had the benefit of the additional spending during those 9 years then they would never have had their needs met – in good times or bad.

        Not much of a society for ‘them’ then, eh?

        If government spending didn’t increase in boom years then when would it?

        Or should it never increase? In that case, the whole notion of ‘growing the pie’ in order to afford public services (you know, the ‘gain’ that supposedly comes from the ‘pain’ – as Roger Douglas repeatedly used to say) is a bit of a deceptive crock of an argument, isn’t it?

        Put simply, how are the needs of those “most in need” ever to be met if – following your argument – in the absence of government spending the private sector/market economy cannot meet them?

        • John 4.3.1.1

          The problem was in the 2000s massive govt spending growth was on the back of the whole country, year after year, spending 115% of what it earned.

          Under Clark private debt grew 166% from $60b to $160b.

          The whole situation was totally unsustainable but nothing was done to stop what was effectively a massive and growing debt mountain, financing an economic bubble.

          And surprise surprise – it led to a financial crisis – in the same way as households would end up in financial crisis if they spend 15% more than they earned, year after year after year.

          • Puddleglum 4.3.1.1.1

            Hi john,

            Thanks for the response – though I’m not sure how it relates to the points I was making. I was not arguing in favour of large national debt.

            Are you arguing that when the private sector gets itself into debt the government should trim its – relatively less important – expenditure rather than, for example, somehow reign in private sector debt?

            I see the two as distinct policy decisions and so I wouldn’t want to see expenditure on social infrastructure reduced because the private sector has been allowed to go on a non-productive debt-fuelled spending spree.

            I don’t see why those ‘most in need’ should suffer because the middle class (and the wealthy) have racked up lots of debt – and the government has allowed them to. That’s especially so if the consequence of the spending spree is higher costs (e.g., in rent) for those ‘most in need’.

            If those ‘most in need’ require government expenditure to stay afloat then that expenditure is justified – purely on those terms.

            • John 4.3.1.1.1.1

              Puddlegum – the point was the government increased spending because it was getting more tax from the debt fueled bubble.

              You can’t spend much more than you earn, year after year, so the debt fueled spending wasn’t sustainable, therefore the tax intake and increased govt spending wasn’t sustainable either.

              It was all based on the whole country spending much more than it earned. So the govt at the time should have taken measures stop private debt going up 160% under their watch.

              That would have done more to help the less well off, because as you say, the bubble hurt them with big hikes in rent.

          • joe90 4.3.1.1.2

            2000s massive govt spending growth

            Yup, government spending was 31.0% of GDP in 2000, 31.2% in 2008 and 35% in 2011.

            //

            http://thestandard.org.nz/wp-content/uploads/2011/05/image012.png

            • John 4.3.1.1.2.1

              Spending went up around 60% from 1999-2008 ($34b to $57b).

              Did we see a 60% improvement in health outcomes? Education outcomes?

              The Clark govt were feeding off the bubble created by the additional spending from $100b of extra private debt.

              They did nothing about a whole country spending 115% of what it actually earned – year after year.

              Try doing that with your household and see how long you last.

              • Colonial Viper

                you idiot, a currency sovereign and a household have nothing in common from a budgetary perspective.

                • John

                  Yeah right.

                  So it’s not sustainable for one household to spend 15% more than they earn year after year.

                  But it’s not a problem if the whole country (2,000,000 households) do it
                  (on AVERAGE every household in the country was spending 15% more than it was earning in the mid 2000s).

                  Pretty soon the person/whole country has to pay back the debt, has to cut their spending, and realises that we all collectively own the same houses we did previously, but we owe foreign banks an additional $100m more than we did before.

                  Profits, jobs, company tax, gst and paye are all down, and the govt realises that like the whole country, it had increased it’s spending on the back of a bubble, so it’s spending like the households, was unsustainable.

        • Andrew 4.3.1.2

          No-one ever said that they should not get the benefit of additional spending, just that the level of extra spending was the issue.

  5. Ian 5

    Deficit/surplus comparisons are completely meaningless when devoid of context. The implication that governments running deficits is inherently bad is plain stupid.

    BTW, the US is currently running a deficit of about 105% of GDP, Japan 200%!

    New Zealand? About 33%…

  6. Colonial Rawshark 6

    And another thing – that net debt of $46B is money that National has put into the NZ economy, into ordinary Kiwis pockets (although the 1% got more than their fair share).

    Are we really saying that we would have been better off as a country with austerity measures, and National pulling that $46B out of Kiwi’s pockets. I mean FFS

    • Bob 6.1

      +1000

      Thank you CR! All of the talk of the budget deficit is arse about face, when the GFC hit National lower taxes and took on debt and their was an outcry, plenty saying taxes should be increased instead. Imagine if you were a couple, one of you got made redundant during the GFC, then your partners income is decreased due to higher taxes! The number of people on the street would have grown a lot more than it did!

      The other option was to reduce Welfare, Education or Health when they were most needed, FFS is right, taking on debt was the only real option, and lowering taxes was at least a way of trying to get the economy moving again!

      • Sabine 6.1.1

        but Welfare, Education, Health and many other parts were reduced.

        Heck, try being unemployed nowadays and go to Winz for a benefit.

        NZ has had its form of Austerity over the last seven years. And those of us that live in cars, eat only once a day or every other day, that can’t go to the doctors or dentist due to lack of funds know full well what austerity means.

        that lowering of taxes for the rich, well that was paid for by the GST increase for the poor.

      • One Anonymous Bloke 6.1.2

        A shit way of getting the economy moving, considering tax cuts might hurt growth.

        Yes, yes, I know you’re programmed to believe something else.

      • Richard@Down South 6.1.3

        Actually National took on debt to five the Rich tax cuts…

        All of our eggs are in one basket, namely Dairy…. but seeing as the payout is expected to be $5 Billion less than last year, that will put a huge dent in the plans of the Govt rescuing the economy…

        Even Bob Jones, who loves to make money, says there are better opportunities to make money, under a National Govt, but the economy as a whole does better under Labour

        Dairy as a whole, doesn’t actually benefit many…

  7. Enough is Enough 7

    I think the title to this post should be directed to its author

  8. peterh 8

    Why, do the Nats always print their budget in a blue cover, when it always end in the RED

  9. The Gormless Fool formerly known as Oleolebiscuitbarrell 9

    Nats spending too much? What do you favour cutting?

    • Wynston 9.1

      The $26 million expenditure on the flag change farce would be a good start!

      • Bob 9.1.1

        Do you realise, what you are suggesting is the equivalent to having a $46,000 personal loan and not buying a $26 bottle of wine would be a good start?
        Where is the rest coming from? Health, Education, Welfare, Chch rebuild? Those are the big ticket items that could actually make a difference, so your choice…

      • dv 9.1.2

        30m on tiwai
        600m? on SCF
        6m to buy a farm in saudi

        for starters

        • Bob 9.1.2.1

          So add in Tiwai and the farm in Saudi (not sure what this refers too) to the flag referendum and you are at $62M of the $46,000M of debt, keep going you are almost there! Just $45,938M left to find!

          The $600M was part of the Government Guarantee that was brought in by the previous Labour Government, and rightly so, this covered private investors, not the company itself.

    • Bunji 9.2

      2 sides to a balance sheet Gormless Fool.
      I wouldn’t have cut the top tax rate, and I’d have a CGT to take a little of the heat out of the housing market for a start…

      I’d also have an economy where jobs were a higher priority, and fewer unemployment and higher tax take does a lot for the books…

      • The Gormless Fool formerly known as Oleolebiscuitbarrell 9.2.1

        What effect would higher taxes have on employment, do you think, Bunji?

        • Colonial Rawshark 9.2.1.1

          Likely positive for employment, if those taxes were spent back on services for communities.

          • The Gormless Fool formerly known as Oleolebiscuitbarrell 9.2.1.1.1

            Yes, although if you spend it, will it tend to create a surplus?

    • Stuart Munro 9.3

      Their throats.

  10. Draco T Bastard 10

    We seem to have found the 10 years of deficits that the RWNJs warned us about – it was in National’s governance.

    • The Gormless Fool formerly known as Oleolebiscuitbarrell 10.1

      Sure can’t think of anything else that might have caused it.

      • adam 10.1.1

        liberal economics

      • Puddleglum 10.1.2

        Hi Gormless Fool formerly known as Oleolebiscuitbarrell,

        So when Treasury announced ten years of deficits that was not primarily a function of the Labour Government’s policies but of the GFC that was being factored in?

        Someone should have told the National Party during its 2008 campaign. They seem to have misunderstood the cause of the predicted deficits. They were under the impression it had something to do with the then government’s economic management.

    • Enough is Enough 10.2

      It was Treasury to be fair, but I guess you being you will consider them RWNJ.

      • Draco T Bastard 10.2.1

        It was the RWNJs that blew it all out of proportion. That said, our entire financial system is broken and it’s that way because of the teachings that those in Treasury receive.

  11. Peter 11

    …. the figures for real GDP per capita/head would be interesting

  12. John 12

    I think whoever wrote the headline should sign it, “master of ignorance”.

    Out of 200+ countries on the planet, there would be very few who wouldn’t happily swap the performance of their economy for ours over the same period.

    • Draco T Bastard 12.1

      And yet ours should have been so much better and would have been if National weren’t in charge.

Recent Comments

Recent Posts

  • Report shows progress on Homelessness Action Plan
    The Government has welcomed the release of the second progress report on the Homelessness Action Plan, showing that good progress is being made on every one of the immediate actions in the Plan. “Homelessness will not be solved overnight, but I am pleased to see that this plan is continuing ...
    BeehiveBy beehive.govt.nz
    8 hours ago
  • Arts and cultural festivals get funding boost
    One of New Zealand’s oldest cultural festivals and a brand new youth festival are amongst four events to win grants to help them grow, attract new audiences, and boost local economies.  Economic and Regional Development Minister Stuart Nash has announced new support from an incubator fund launched last year to ...
    BeehiveBy beehive.govt.nz
    12 hours ago
  • Govt to rev up reductions in transport emissions
    The Government is calling for feedback on a range of potential policies to eliminate emissions in the transport sector. Transport Minister Michael Wood today released Hīkina te Kohupara – Kia mauri ora ai te iwi - Transport Emissions: Pathways to Net Zero by 2050, a Ministry of Transport report outlining ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Government recognises David McPhail’s contribution to New Zealand comedy and television
    Minister for Arts, Culture and Heritage Carmel Sepuloni today pays tribute to David Alexander McPhail (11 April 1945 – 14 May 2021) – New Zealand comedian, actor, producer and writer. David McPhail ONZM QSM had a comedy career that spanned four decades, across both television and theatre.  “David’s contribution to ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Support for drought-stressed regions fills a need
    An innovative iwi-led plan to help maintain water supply to a far North community battered by drought is set to get underway with support from the Government, Acting Minister for Emergency Management Kris Faafoi says.  “The impacts of climate change are not something that just our grandchildren will have to ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • KiwiSaver default provider scheme improvements slash fees, boosts savings
    Hundreds of thousands of New Zealanders will be significantly better off in retirement following changes to the default KiwiSaver scheme, Finance Minister Grant Robertson and Commerce and Consumer Affairs Minister David Clark said today. The new default provider arrangements, which will take effect once the terms of the current providers ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Industry leadership for our training system becomes reality
    Six new Workforce Development Councils formally established today will ensure people graduate with the right skills at the right time to address skill shortages, Education Minister Chris Hipkins said. Every industry in New Zealand will be covered by one of the following Workforce Development Councils: •           Hanga-Aro-Rau – Manufacturing, Engineering ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Rotorua Emergency Housing update
    The Government has announced a suite of changes to emergency housing provision in Rotorua:  Government to directly contract motels for emergency accommodation Wrap around social support services for those in emergency accommodation to be provided Grouping of cohorts like families and tamariki in particular motels separate from other groups One-stop ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Further COVID-19 vaccine and economic support for the Pacific
    New Zealand will be providing protection against COVID-19 to at least 1.2 million people in the Pacific over the coming year $120 million in Official Development Assistance has been reprioritised to support Pacific economies in 2021 Foreign Affairs Minister Hon Nanaia Mahuta and Associate Health and Foreign Affairs Minister Aupito William ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Statement on the escalation of violence in Israel, the Occupied Palestinian Territories and Gaza
    Foreign Affairs Minister Nanaia Mahuta today expressed Aotearoa New Zealand’s grave concern at the escalation of violence in Israel, the Occupied Palestinian Territories, and Gaza. “The growing death toll and the large numbers of casualties, including children, from Israeli airstrikes and Gazan rockets is unacceptable,” Nanaia Mahuta said “Senior officials met ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Trade Minister to travel to UK and EU to progress free trade agreements
    Trade and Export Growth Minister Damien O’Connor announced today he will travel to the United Kingdom and European Union next month to progress New Zealand’s respective free trade agreement negotiations. The decision to travel to Europe follows the agreement reached last week between Minister O’Connor and UK Secretary of State for ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Pre-Budget speech to Business New Zealand
    Kia ora koutou katoa It’s great to be here today, at our now-regular event in anything-but-regular times. I last spoke to some of you in mid-March. That was an opportunity to reflect on an extraordinary 12 months, but also to reflect on how the future was shaping up. In what ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Te Hurihanganui growing with Nelson community celebration
    Nelson is the latest community to join the Te Hurihanganui kaupapa to drive change and address racism and bias in education, Associate Education Minister Kelvin Davis announced today. Speaking at today’s community celebration, Kelvin Davis acknowledged the eight iwi in Te Tau Ihu for supporting and leading Te Hurihanganui in ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Te Hurihanganui Nelson Community Celebration 
    Te Hurihanganui Nelson Community Celebration  Victory Community Centre, Nelson   “Racism exists – we feel little and bad”. Those were the unprompted words of one student during an interview for a report produced by the Children’s Commissioner in 2018. They were also the words I used when I announced the ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Child wellbeing reports highlight need for ongoing action
    The Government has released the first Annual Report for the Child and Youth Wellbeing Strategy and the second Child Poverty Related Indicators (CPRI) Report, both of which highlight improvements in the lives of children as a result of actions of the Government, while setting out the need for ongoing action.  ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Formal consultation starts on proposals for Hawera schools
    Education Minister Chris Hipkins today announced a formal consultation for the future of schooling in Hawera. "Recent engagement shows there is a lot of support for change. The preferred options are for primary schools to be extended to year 7 and 8, or for a year 7-13 high school to ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • He Whenua Taurikura: New Zealand’s Hui on Countering Terrorism and Violent Extremism
    The Government is progressing another recommendation of the Royal Commission of Inquiry report into the terrorist attack on Christchurch masjidain by convening New Zealand’s first national hui on countering terrorism and violent extremism. He Whenua Taurikura, meaning ‘a land or country at peace’, will meet in Christchurch on 15 and ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Hundreds of new electric cars for state sector
    Total of 422 new electric vehicles and charging infrastructure across the state sector $5.1 million for the Department of Conservation to buy 148 electric vehicles and install charging infrastructure $1.1 million to help Kāinga Ora buy 40 electric vehicles and install charging infrastructure 11,600 tonnes of carbon emissions saved over ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Apartments give new life to former Trade Training hostel
    A building that once shaped the Māori trade training industry will now revitalise the local community of Ōtautahi and provide much needed housing for whānau Minister for Māori Development Willie Jackson announced today. The old Māori Trade Training hostel, Te Koti Te Rato, at Rehua Marae in Christchurch has been ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Opening of Te Kōti o Te Rato at Rehua Marae, Ōtautahi
    *Check with delivery* It is a great pleasure to be here with you all today. I acknowledge Ngāi Tūāhuriri and the trustees of Te Whatu Manawa Māoritanga o Rehua Trust Board. The opening of six new apartments on these grounds signifies more than an increase in much-needed housing for Ōtautahi. ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Major step to pay parity for early learning teachers
    Certificated teachers on the lowest pay in early education and care services will take another leap towards pay parity with their equivalents in kindergartens, Education Minister Chris Hipkins said in a pre-Budget announcement today. “Pay parity for education and care teachers is a manifesto commitment for Labour and is reflected ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • New Zealand Wind Energy Conference
    Tēnā koutou katoa Tēnā koutou i runga i te kaupapa o te Rā No reira, tēnā koutou, tēnā koutou, tēnā tatou katoa  Thank you Grenville for the introduction and thanks to the organisers, the New Zealand Wind Energy Association, for inviting me to speak this morning. I’m delighted that you ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Speech to New Zealand Drug Foundation 2021 Parliamentary Drug Policy Symposium
    Speech to Through the Maze: On the road to health New Zealand Drug Foundation 2021 Parliamentary Drug Policy Symposium Mōrena koutou katoa, Tēnei te mihi ki a koutou, Kua tae mai nei me ngā kete matauranga hauora, E whai hononga ai tatau katoa, Ka nui te mihi! Thank you for the opportunity ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Govt to deliver lower card fees to business
    Commerce and Consumer Affairs Minister David Clark has today announced the Government’s next steps to reduce merchant service fees, that banks charge businesses when customers use a credit or debit card to pay, which is estimated to save New Zealand businesses approximately $74 million each year. “Pre COVID, EFTPOS has ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Government support boosts Arts and Culture sector
    Government support for the cultural sector to help it recover from the impact of COVID-19 has resulted in more cultural sector jobs predicted through to 2026, and the sector performing better than forecast. The latest forecast by economic consultancy ‘Infometrics’ reflects the impact of Government investment in keeping people in ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Govt takes further action against gang crime
    The Government will make it illegal for high risk people to own firearms by introducing Firearms Prohibition Orders (FPOs) that will strengthen action already taken to combat the influence of gangs and organised crime to help keep New Zealanders and their families safe, Police Minister Poto Williams and Justice Minister ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Thousands of MIQ spaces allocated to secure economic recovery
    Five hundred spaces per fortnight will be allocated in managed isolation facilities over the next 10 months, many for skilled and critical workers to support our economic recovery, COVID-19 Response Minister Chris Hipkins and Agriculture Minister Damien O’Connor say. “The Trans-Tasman bubble has freed up more rooms, allowing us to ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • New Zealand Sign Language Week a chance to recognise national taonga
    This week (10 – 16 May 2021) is New Zealand Sign Language Week (NZSL), a nationwide celebration of NZSL as an official language of New Zealand. “We’re recognised as a world leader for our commitment to maintaining and furthering the use of our sign language,” says Minister for Disability Issues ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Economic resilience provides more options in Budget 2021
    Securing the recovery and investing in the wellbeing of New Zealanders is the focus of Budget 2021, Grant Robertson told his audience at a pre-budget speech in Auckland this morning. "The economy has proven resilient in response to COVID-19, due to people having confidence in the Government’s health response to ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Pre-Budget speech to BNZ-Deloitte Auckland Breakfast Event
    Thank you for the invitation to speak to you today, and to share with you some of the Government’s thinking leading into this year’s budget. This will be my fourth time delivering the annual Budget for the Government, though the events of the past year have thrown out that calculation. ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Rotuman Language week affirms language as the key to Pacific wellbeing
    The first Pacific Language Week this year  makes it clear that  language is the key to the wellbeing for all Pacific people said Minister for Pacific Peoples, Aupito William Sio. “This round of language  weeks begin with Rotuman. As I have always  said language is one of the pillars of ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Budget delivers improved cervical and breast cancer screening
    Budget 2021 funds a more effective cervical screening test to help reduce cervical cancer rates A new breast screening system that can proactively identify and enrol eligible women to reach 271,000 more people who aren’t currently in the programme. Budget 2021 delivers a better cervical screening test and a major ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • NZ-France to co-chair Christchurch Call Leaders’ Summit
    New Zealand and France will jointly convene the Christchurch Call Community for a leaders’ summit, to take stock of progress and develop a new shared priority work plan. Prime Minister Jacinda Ardern and President Emmanuel Macron will co-chair the leaders’ meeting on the 2nd anniversary of the Call, on 14 ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • New South Wales travel pause to be lifted tomorrow
    COVID-19 Response Minister Chris Hipkins says the current travel pause with New South Wales will lift tomorrow – subject to no further significant developments in NSW. “New Zealand health officials met today to conduct a further assessment of the public health risk from the recently identified COVID-19 community cases in Sydney. It has been determined that the risk to public ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • March 15 Collective Impact Board appointed
    The voices of those affected by the March 15 mosque attacks will be heard more effectively with the establishment of a new collective impact board, Associate Minister for Social Development and Employment Priyanca Radhakrishnan announced today. Seven members of the Christchurch Muslim community have been appointed to the newly established Board, ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • More young Kiwis supported with mental health and addiction services
    Nearly quarter of a million more young New Zealanders will have access to mental health and addiction support in their communities as the Government’s youth mental health programme gathers pace. New contracts to expand youth-specific services across the Northland, Waitematā and Auckland District Health Board areas have been confirmed, providing ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • New hospital facilities mean fewer trips to Auckland for Northlanders
    Northlanders will no longer automatically have to go to Auckland for lifesaving heart procedures like angiograms, angioplasty and the insertion of pacemakers, thanks to new operating theatres and a cardiac catheter laboratory opened at Whangārei Hospital by Health Minister Andrew Little today. The two projects – along with a new ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Fair Pay Agreements to improve pay and conditions for essential workers
    The Government is delivering on its pre-election commitment to implement Fair Pay Agreements which will improve wages and conditions, as well as help support our economic recovery, Workplace Relations and Safety Minister Michael Wood announced today. Fair Pay Agreements will set minimum standards for all employees and employers in an ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Establishment of the new Māori Health Authority takes first big step
    Sir Mason Durie will lead a Steering Group to provide advice to the Transition Unit on governance arrangements and initial appointments to an interim board to oversee the establishment of the Māori Health Authority. This Group will ensure that Māori shape a vital element of our future health system, Minister ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Cycle trails move up a gear in Central
    Work on new and upgraded cycle trails in Queenstown, Arrowtown and Central Otago is moving up a gear as two significant projects pass further milestones today. Tourism Minister Stuart Nash has announced new funding for the Queenstown Trails Project, and will also formally open the Lake Dunstan Trail at Bannockburn ...
    BeehiveBy beehive.govt.nz
    1 week ago