web analytics

Minimum wage rise a small but important victory for the Left

Written By: - Date published: 1:08 pm, February 10th, 2009 - 20 comments
Categories: national/act government, phil goff, wages, workers' rights - Tags:

Great, through concerted pressure the Left managed to force a 9-cent an hour real increase in the minimum wage from National/ACT.

A 9 cent an hour real increase is not much but it’s a hell of a lot better than freezing the minimum wage at $12 an hour and letting inflation eat it as National/ACT had planned. The decision for freezing at $12 was set to be approved by Cabinet last Monday but media attention drawn to the issue by the Left forced the Government to delay its decision for week while the Key-populist camp wrangled with the English-conservative bloc. Fear of a backlash prevailed in the end and National/ACT approved an increase, albeit the smallest in four years, to $12.50 an hour, just enough to cover the increased cost of living. 

Because of that, the incomes of 120,000 workers and their families have been protected from the $20 a week cut they would have suffered had we let National/ACT slip through their no increase preference unchallenged.

Now, if we had a decent government we would be looking at at least the $13 an hour Phil Goff promised. Rather than a paltry $3.80 extra a week after inflation, full-time minimum wage workers would have another $23.80 a week or more to help support their families. But we don’t have a good government; we’ve got National/ACT. We have to make do with what we’ve got and try to force National/ACT into the best outcomes we can.

The experience of this mini-campaign shows that if the Left makes the effort, we can use Key’s populist instinct to good ends. When we work at it, we can hold the line and even win small victories.

20 comments on “Minimum wage rise a small but important victory for the Left ”

  1. Daveski 1

    What revisionist BS.

    The Left told everyone that the Nats would cut wages. Read your own posts.

    Now you try to claim credit for the Nats decision?

    You’ve become quite delusionary on this topic, particularly the fact you categorically stated that Key wanted to cut wages. When proven wrong, you’ve simply tried to ignore this fact and reinvent reality.

    I don’t normally get this fired up. Some of your posts are well researched, provocative and lead to reasoned discussion. This isn’t.

    You got it wrong. Admit it and stop trying to fudge the fact you were wrong.

  2. gingercrush 2

    When you say WE. Do not forget that until the polls say so. Most voters in New Zealand are happy for a National-led government. Don’t forget had Labour actually led the government after the 2008 election. Helen Clark would have been in charge and there is certainly no guarantee a $13 dollar minimum wage would be on the card.

    [it would have been at least $12.66, as per labour policy, probably more becasue a deal with have had to be made with the Greens and Maori Party. And, unlike under National/ACT, there would have been no doubt there would have been an increase. SP]

  3. Dave. How do you explain the Government’s sudden week delay in annoucing their decision? What changed?

    We know, because my source told me and my source knows, that the Government was going to take option 1 of the three options it was presented with, $12.00 – a drop in real terms of 40 cents, whereas the DoL was recommending option 2 – $12.50 – an increase in real terms of 9 cents (rounded).

    we know what changed. It became public knowledge that they were planning to keep the mw at $12 before the Government had a chance to slip it through. that forced them to revisit their decision and change their choice.

    Think about it, the decision was meant to be implemented at Cabinet last Monday. It wasn’t, it was delayed. Key told the media at the post-Cabinet press conference that there was a debate still to be had about which option to choose. Why did there suddenly have to be a debate after the time decision was menat to be announced? Because the situation had changed, the previous decision was now in doubt and was ultimately changed.

  4. Pat 4

    Did your “source” who “knows” also tell you that Key buckled due to posts on Leftist blogsites?

  5. gingercrush 5

    $12.66 isn’t $13.00 though is it. Hence my whole problem with Phil Goff. The Greens and Maori had such policy but Labour’s was different.

  6. no. My source told me the contents of the DoL advice to the minister ($12.50) and the option the minister was taking to cabinet for approval ($12).

    I imagine that it was pressure in the media from union and other Left wing voices, more than this blog, that caused the pause, then change of policy. We were the first to write of the Government’s plans (the Monday before the decision was originally to be taken) but the info was already spreading throughout the union movement, the greens etc. You’ll note I don’t claim any special credit for The Standard in the post. we’re just one small part of a larger movement comprising hundreds of thousands of Kiwis, including New Zealand’s largest democratic organisations, the unions.

  7. Daveski 7

    The delay was significant – it showed the divisions in National which is not unexpected.

    You are right to say people were expecting the Nats to keep the mw as it was – a cut in your view.

    You strongly promoted this as fact.

    As Pat shows, you have no evidence that left wing blogs or other vehicles influenced the Nats decision. I suggest it was Key’s pragmatism as evidenced by the Maori Party again.

    Again, I point out only because you avoided it, you rang a fear campaign based on Nats cutting wages. You’ve been proven to be wrong but continue to avoid acknowledging this. To my amazement, you know try to take credit for the decision!

    For the record, I think it’s a sensible decision – the Left want more (although would they have delivered??) – business is moaning so it would seen to be about right.

  8. Pat 8

    “I imagine..”

    Very apt words, indeed.

  9. djp 9

    ..and a defeat for NZ in general.

    See http://pc.blogspot.com/2009/02/minimum-wage-rise-everybody-loses.html for the hows and whys

  10. Daveski. both sides of an argument being unhappy does not mean the correct decision was made. For one, both sides would be calling for more in their direction no matter what the decision was. Secondly, comprimise doesn’t equal opitmal decision – by way of metaphor, if a building is being built and the engineer is saying ‘we need more strength’ and the designer is saying ‘i want more open spaces’ a comprimise is not a good outcome.

    And they were planning a cut in inflation-adjusted terms (the only meaningful measure) that was their plan but they had to change it at the last minute, after a barrage of media coverage on the issue.

  11. toad 11

    Daveski said: Again, I point out only because you avoided it, you rang a fear campaign based on Nats cutting wages. You’ve been proven to be wrong but continue to avoid acknowledging this.

    Daveski, they are still on track to cut wages. The fire@will.bill will cut wages because people coming into new jobs will be too scared to join a union for fear of being dismissed. This will undermine the strength of unions in wage bargaining, which is already low becasue of the global financial crisis.

    What’s more, the worst is yet to come – allowing non-union groups to collectively bargain in competition with unionised workers. I blogged about how that will lower wages over here.

    And a nil increase in the real minimum wage certainly won’t do anything to counter the effects of those other policies National are implementing. But strategically, an increase to just cover inflation was a good move for National because it helps them avoid being labelled hard right, as the were through the infamous 1990s NIL minimum wage increases.

  12. Daveski 12

    Toad

    You point would be [more] valid if it applied to all workers. It doesn’t. I saw SP himself arguing that SME’s employ a fraction of the total workers. Do you have any evidence to back up the statement about the fear? I could retort that it will potentially allow others to increase their income through opportunities they may not otherwise get. Still, it’s not going to impact on all employees which is consistently and conveniently overlooked.

    Let’s face facts, the biggest issue the unions have to face regarding is the economic challenge.

    Before the election, there was criticism from the Left that regardless of what Labour did, the right opposed and criticised.

    All that’s happened is people have changed seats and the roles have changed. Regardless of what the Nats do, there will be opposition and criticism here.

    Edit – perhaps I have to retract one of my earlier comments – it has become a robust and interesting discussion but I have to head off!

  13. Greg 13

    Daveski,

    Steve’s exactly right. And it scares the hell out of me. Why would you be proud to be a Nat? Surely any true Nat realises that any rise in the minimum wage (especially at this point in time) is extremly stupid.

    You do have a point though. All this ‘right wing agenda’ stuff thats come out of this site is proving to be false. Key is getting more and more Clark like every day. The left should be happy.

    I sure wish the Nats had a right wing agenda, we’d ALL be better off!

  14. Jum 14

    Daveski
    Every six months I shall be checking the wage stats.

    Meanwhile, I have your absolute promise that your beloved party of NZer lovers (NAct) will not cut wages. Thank you.

    Greg
    Is that the new format – pretending to be annoyed with your NAct for being so kind to NZers, yet knowing if they get in for a third term, they will annihilate our assets? Cunning indeed. CrosbyTextor cunning, in fact.

  15. Greg 15

    Jum

    Is that the new format – pretending to be annoyed with your NAct for being so kind to NZers, yet knowing if they get in for a third term, they will annihilate our assets? Cunning indeed. CrosbyTextor cunning, in fact.

    Thats the thing! Its not kind to New Zealanders at all. Sometimes the most obvious answer is not the right one. In the long run, all raising the minimum wage does is make the most vulnerable in our society worse off.

    I wish they’d get rid of a few ‘assets’. LTSA for example (why should the government own a chain of garages when we are more than adequately supplied for by the private sector). Or TVNZ what role does the government have to play in the media? Etc etc.

    Sadly however, in an effort to keep the baubles of office the National party will do little if anything with our state assets.

  16. I think the explanation for what happened is quite straight forward. The Government wanted to see what the reaction to the idea of a nil increase would be: the response from the public and the various interests involved was sussed out, and a small increase agreed.

    It should all be considered in the context of National’s project, which is to marginalise and shut Labour out – and nothing else. Refer you to this post I wrote earlier today.

    The left should be pleased because it is better for working people than a smaller increase. The left should be pleased because National’s running on Labour territory: the centre really has shifted to the left.

    The left should however be concerned: if we want to be making progress via being in government, it is a very difficult ask to beat a National govt which is dedicated to nothing more than keeping us out. They’ll do anything to achieve that one overriding goal.

  17. vto 17

    tangent – following your key pop and english old school view sp then watch out. you’re giving key mucho kudos. the party will revert to representing most and by the time that idea gets stretched english will be past it. too late for a second tilt.

    re your efforts at influence well done if so. it is then clearly a message that you are on the right track.

  18. Byron 18

    I gave a huge sigh of relief when the announcement was made that minimum wage was going up, then the next day I got a letter from the power company informing me their prices are going up, canceling out the pay increase I’ll get in April. As has been pointed out, its a pathetic increase.

  19. expat 19

    God bless John Key for looking out for the workers of NZ by raising the MW against the advice of his Minister.

    The union movement had nothing to do with it and should refund their members dues in advance for 2009 to help those lower paid workers cope with the recession.

  20. randal 20

    so much for the mimimum wage when this morning the dompost reports that labour had 16 support staff on $100,000 per annum but undr national that has ballooned out to 36 of the favoured few getting the big bux
    hmmm

Recent Comments

Recent Posts

  • Wider roll-out of cameras on boats to support sustainability and protect marine life
    Up to 300 inshore commercial fishing vessels will be fitted with on-board cameras by 2024 as part of the Government’s commitment to protect the natural marine environment for future generations.  Minister for Oceans and Fisheries David Parker today announced the funding is now in place for the wider roll out ...
    BeehiveBy beehive.govt.nz
    2 hours ago
  • Plan for vaccine rollout for general population announced
    New Zealanders over 60 will be offered a vaccination from July 28 and those over 55 from August 11, Prime Minister Jacinda Ardern announced today. The rollout of the vaccine to the general population will be done in age groups as is the approach commonly used overseas, with those over ...
    BeehiveBy beehive.govt.nz
    4 hours ago
  • New Zealand introduces Belarus travel bans
    New Zealand has imposed travel bans on selected individuals associated with the Lukashenko regime, following ongoing concerns about election fraud and human rights abuses after the 2020 Belarus elections, Foreign Affairs Minister Nanaia Mahuta has announced. The ban covers more than fifty individuals, including the President and key members of ...
    BeehiveBy beehive.govt.nz
    6 hours ago
  • NZ economy grows driven by households, construction and business investment
    The Government’s efforts to secure the recovery have been reflected in the robust rebound of GDP figures released today which show the economy remains resilient despite the ongoing impact of the COVID-19 pandemic, Grant Robertson said. GDP increased 1.6 percent in the first three months of 2021. The Treasury had ...
    BeehiveBy beehive.govt.nz
    8 hours ago
  • Milestone 250th tower continues to improve rural connectivity
    The Government has welcomed the completion of the 250th 4G mobile tower, as part of its push for better rural connectivity. Waikato’s Wiltsdown, which is roughly 80 kilometres south of Hamilton, is home to the new tower, deployed by the Rural Connectivity Group to enable improved service to 70 homes ...
    BeehiveBy beehive.govt.nz
    8 hours ago
  • Quarantine Free Travel pause with Victoria to lift on Tuesday
    Following a further public health assessment of the COVID-19 outbreak in greater Melbourne, New Zealand’s Quarantine Free Travel pause with Victoria has been extended to 11.59pm on Tuesday 22 June, COVID-19 Response Minister Chris Hipkins says. It has been determined that the risk to public health in New Zealand continues ...
    BeehiveBy beehive.govt.nz
    9 hours ago
  • Prime Minister mourns passing of Dr Sir Ian Hassall
    Prime Minister Jacinda Ardern is mourning the passing of Dr Sir Ian Hassall, New Zealand’s first Children’s Commissioner and lifelong champion for children and children’s health. As a paediatrician Sir Ian contributed to a major world-first cot death study that has been directly credited with reducing cot deaths in New ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • APEC structural reform meeting a success
    APEC ministers have agreed working together will be crucial to ensure economies recover from the impact of COVID-19. Minister of Commerce and Consumer Affairs David Clark, chaired the virtual APEC Structural Reform Ministerial Meeting today which revolved around the overarching theme of promoting balanced, inclusive, sustainable, innovative and secure growth ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Digital hub to boost investment in forestry
    A new website has been launched at Fieldays to support the forestry sector find the information it needs to plant, grow and manage trees, and to encourage investment across the wider industry. Forestry Minister Stuart Nash says the new Canopy website is tailored for farmers, iwi and other forestry interests, ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Government continues support for rangatahi to get into employment, education and training
    Over 230 rangatahi are set to benefit from further funding through four new He Poutama Rangatahi programmes, Minister for Social Development and Employment Carmel Sepuloni announced today. “We’re continuing to secure our economic recovery from COVID by investing in opportunities for rangatahi to get into meaningful employment, education or training ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • NCEA subjects up for consultation
    The education sector, students, their parents, whānau and communities are invited to share their thoughts on a list of proposed NCEA subjects released today, Education Minister Chris Hipkins says. This is a significant part of the Government’s NCEA Change Programme that commenced in 2020 and will be largely implemented by ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Major investment in plantain forage programme aims to improve freshwater quality
    The Government is backing a major programme investigating plantain’s potential to help farmers protect waterways and improve freshwater quality, Acting Agriculture Minister Meka Whaitiri announced at Fieldays today. The Sustainable Food and Fibre Futures (SFFF) fund is contributing $8.98 million to the $22.23 million seven-year programme, which aims to deliver ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • America’s Cup decision
    The Minister responsible for the America’s Cup has confirmed the joint Crown-Auckland Council offer to host the next regatta has been declined by the Board of Team New Zealand. “The exclusive period of negotiation between the Crown, Auckland Council, and Team New Zealand ends tomorrow, 17 June,” said Stuart Nash. ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Food and fibres sector making significant strides towards New Zealand’s economic recovery
    The Government is backing the food and fibres sector to lead New Zealand's economic recovery from COVID-19 with targeted investments as part of its Fit for a Better World roadmap, Forestry Minister Stuart Nash said. “To drive New Zealand’s recovery, we launched the Fit for a Better World – Accelerating ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Cost of Government Southern Response proactive package released
    The Government has announced the proactive package for some Southern Response policyholders could cost $313 million if all those eligible apply. In December, the Minister Responsible for the Earthquake Commission, David Clark announced a proactive package for SRES claimants who settled their claims before October 2014. It trailed the judgment ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • New support to reduce emissions from public building and construction projects
    Government agencies are getting new support to reduce carbon emissions generated by construction of new buildings, with the release of practical guidance to shape decisions on public projects. The Ministers for Building and Construction and for Economic Development say a new Procurement Guide will help government agencies, private sector suppliers, ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • He Whenua Taurikura: New Zealand’s first Hui on Countering Terrorism and Violent Extremism
    The Prime Minister has opened New Zealand’s first hui on Countering Terrorism and Violent Extremism, which is being held in Christchurch over the next two days. The hui delivers on one of the recommendations from the report of the Royal Commission of Inquiry into the terrorist attack on Christchurch masjidain ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Speech to inaugural Countering Terrorism Hui
    E aku nui, e aku rahi, Te whaka-kanohi mai o rātou mā, Ru-ruku-tia i runga i te ngākau whakapono, Ru-ruku-tia i runga i te ngākau aroha, Waitaha, Ngāti Mamoe, Ngai Tahu, nāu rā te reo pohiri. Tena tātou katoa. Ki te kotahi te kakaho ka whati, ki te kapuia, e ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Campaign shines a light on elder abuse
    A new campaign is shining a spotlight on elder abuse, and urging people to protect older New Zealanders. Launched on World Elder Abuse Awareness Day, the Office for Seniors’ campaign encourages friends, whānau and neighbours to look for the signs of abuse, which is often hidden in plain sight. “Research suggests ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Farewelling sports administrator and philanthropist Sir Eion Edgar
    Sport and Recreation Minister Grant Robertson today expressed his sorrow at the passing of Sir Eion Edgar – a leading sports administrator and celebrated philanthropist who has made a significant impact both within and beyond the sport sector. “Sir Eion’s energy, drive and generosity has been truly immense. He leaves ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Government to apologise for Dawn Raids
    The Government will make a formal apology for the wrongs committed during the Dawn Raids of the 1970’s. Between 1974 and 1976, a series of rigorous immigration enforcement policies were carried out that resulted in targeted raids on the homes of Pacific families. The raids to find, convict and deport overstayers ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Humanitarian support for Bangladesh and Myanmar
    Foreign Affairs Minister Nanaia Mahuta today announced that New Zealand is providing NZ $8.25 million in humanitarian assistance to support refugees and their host populations in Bangladesh and to support humanitarian need of internally displaced and conflict affected people in Myanmar.  “Nearly four years after 900,000 Rohingya crossed the border ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Poroporoaki: Dame Georgina Kamiria Kirby
    E Te Kōkō Tangiwai, Te Tuhi Mareikura, Te Kākākura Pokai kua riro i a matou. He toka tū moana ākinga ā tai, ākinga ā hau, ākinga ā ngaru tūātea.  Haere atu rā ki te mūrau a te tini, ki te wenerau a te mano.  E tae koe ki ngā rire ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Feedback sought on future of housing and urban development
    New Zealanders are encouraged to have their say on a long-term vision for housing and urban development to guide future work, the Housing Minister Megan Woods has announced. Consultation starts today on a Government Policy Statement on Housing and Urban Development (GPS-HUD), which will support the long-term direction of Aotearoa ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Clean car package to drive down emissions
    New rebates for electric and plug-in hybrid vehicles start July 1 with up to $8,625 for new vehicles and $3,450 for used. Electric vehicle chargers now available every 75km along most state highways to give Kiwis confidence. Low Emission Transport Fund will have nearly four times the funding by 2023 ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Progress towards simpler process for changing sex on birth certificates
    The Government is taking the next step to support transgender, non-binary and intersex New Zealanders, by progressing the Births, Deaths, Marriages and Relationships Registration Bill, Minister of Internal Affairs, Jan Tinetti announced today. “This Government understands that self-identification is a significant issue for transgender, non-binary and intersex New Zealanders, and ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Crown speeds up engagement with takutai moana applicants
    The Crown is taking a new approach to takutai moana applications to give all applicants an opportunity to engage with the Crown and better support the Māori-Crown relationship, Treaty of Waitangi Negotiations Minister Andrew Little says. Following discussions with applicant groups, the Crown has reviewed the existing takutai moana application ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Alcohol and Other Drug Treatment (AODT) Court opens
    The Minister of Justice, Kris Faafoi, and the Minister for Courts, Aupito William Sio, have welcomed the opening of a new Alcohol and Other Drug Treatment (AODT) Court in Hamilton. The AODT Court (Te Whare Whakapiki Wairua) addresses situations where substance abuse and offending are intertwined. “New Zealanders have told ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • EU and UK FTAs top of list for first ministerial trip since COVID-19
    Trade and Export Growth Minister Damien O’Connor today announced details of his planned visit to the United Kingdom and European Union next week, where he will hold trade and agriculture discussions to further New Zealand’s economic recovery from COVID-19. The visit will add political weight to ongoing negotiations with both the EU ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Arihia Bennett to chair Royal Commission Ministerial Advisory Group
    Te Rūnanga o Ngāi Tahu chief executive Arihia Bennett MNZM has been appointed chair of the newly appointed Ministerial Advisory Group on the Government’s Response to the Royal Commission of Inquiry into the terrorist attack on Christchurch mosques. “Twenty-eight people from diverse backgrounds across Aotearoa have been selected for the ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Speech to the New Zealand Medical Association General Practitioners' Conference, Rotorua
    Ki ngā pou maha o te whare hauora o Aotearoa, kei te mihiTo the pillars of our health system I acknowledge/thank you Ki te ope hapai hauora o roto o tēnei rūma, kei te mihi To our health force here in the room today, I acknowledge/thank you He taura tangata, ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Karangahape Road upgrades are streets ahead
    The upgrades to Karangahape Road makes the iconic street more pedestrian and cycle-friendly, attractive and environmentally sustainable, Transport Minister Michael Wood and Auckland Mayor Phil Goff said at the formal celebration of the completion of the Karangahape Road Enhancements project. The project included widening footpaths supporting a better outdoor dining ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Speech to APEC business event
    E ngā tumu herenga waka, ākina ā ngaru, ākina ā tai ka whakatere ngā waka ki te whakapapa pounamu, otirā, ki Tamaki o ngā waka Tena koutou katoa… To the great leaders assembled, who guided your waka through turbulent times, challenging waters and you continue to navigate your respective waka ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Pause on Quarantine Free Travel with Victoria extended
    Following an assessment of the COVID-19 outbreak in greater Melbourne, New Zealand’s Quarantine Free Travel pause with Victoria will continue for a further seven days, COVID-19 Response Minister Chris Hipkins says. There are now 93 cases associated with the outbreak in greater Melbourne, spread over four clusters. Contact tracing efforts ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Supplier Diversity Aotearoa Summit: Navigate 2021
    *** Check with delivery *** A mihi to all who have contributed to making today a success – starting with you! As you have explored and navigated government procurement today you will hopefully have reflected on the journey of our people so far – and how you can make a ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Pukemiro School to close
    Pukemiro Primary School near Huntly will close following years of declining roll numbers, Education Minister Chris Hipkins announced today. “I’ve consulted with the School Commissioner, and this decision acknowledges the fact that the few remaining students from last term are now settled at other nearby schools. “I want to thank ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Govt acts to protect NZers from harmful content
    New Zealanders will be better protected from harmful or illegal content as a result of work to design a modern, flexible and coherent regulatory framework, Minister of Internal Affairs Jan Tinetti announced today. New Zealand currently has a content regulatory system that is comprised of six different arrangements covering some ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Consultation on exemption of new builds from proposed tax rules
    The Government has today confirmed new builds will be exempt from planned changes to the tax treatment of residential investment property.  Public consultation is now open on details of the proposals, which stop interest deductions being claimed for residential investment properties other than new builds.   “The Government’s goal is to ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Speech for Predator Free 2050 Conference
    Introduction 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 Ko Ayesha Verrall toku ingoa No ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • New stock exchange to help grow small businesses
    A new share trading market, designed as a gateway to the NZX for small-to-medium-sized enterprises (SMEs), has been granted a licence by the Government. Commerce and Consumer Affairs Minister, David Clark said Catalist Markets Ltd will provide a simpler and more affordable ‘stepping stone’ for SMEs to raise capital. “This ...
    BeehiveBy beehive.govt.nz
    1 week ago