Nat-onomics: $30 million up in flames

Written By: Marty G - Date published: 1:15 pm, April 17th, 2010 - 11 comments
Categories: dpf, national, spin, superannuation - Tags: cullen fund, vernon small

Vernon Small calculates that if the Cullen Fund had continued getting its monthly contributions, rather than just the one-off $250 million the government gave in July, we would be $30 million better off by now. That’s even more than the $24 million I calculate, but I’m only using figures up to December (the most rent ones used to be on the Cullen Fund website but they’ve disappeared).

Predictably, the financially illiterate Key apologists are having a cry about being shown to have stuffed this one up so badly. Take National Party pollster David Farrar:

“The taxpayer may have been able to make a gain of $30 million if it had borrowed more money, for the fund to invest. That is certainly true, but it is a potential gain only.”

Yeah, in the same way that failing to put money in your personal savings account is only giving up a ‘potential’ gain in interest or applying the brakes when you had the chance could ‘potentially’ avoid a crash. It still counts. Or maybe in Farrar’s world there’s no consequences of not doing something.

“You can not automatically assume that any additional investments would have achieved the same return as the existing investments. An extra $2 billion may have been invested in a stock that did not do so well, or may have meant a higher average price for buying such stock.”

Nor can you automatically assume that it wold have done worse like Farrar does. The best guide to the additional return the Cullen Fund could have earned is the return it made on the money it did have.

“It is fair enough to talk about a potential gain or that was missed, but that is not the same thing as stating that potential gain as a loss let alone a cost. That is a sloppy short cut.”

No. Take this example: ‘not putting $1,000 in my savings account and spending it on sherbet instead cost me $50 in interest’. Now, upscale: ‘not putting $150 million a month into our collective savings and, instead, giving tax cuts to the rich has cost us $30 million in returns so far’

“One could borrow $10 billion a year to invest in stocks, and probably get a good return on them. But it would also be risky.”

Strawman. No-one’s talking about mortgaging the house to go gambling. We’re talking about continuing to put money into our retirement savings even though we also owe money on a lower-interest loan.

“What we don’t know if whether or not we would have got a credit downgrade, if the Government decided to continue to borrow money to invest. And if we had, then that would have had a very real cost on every New Zealander.”

If we had made this investment, it would have lowered or net debt. You don’t get credit downgrades for lowering your net debt. And our gross debt was never out of control. Indeed, National still thought it had enough money to cut taxes for the rich.

“It is also worth noting that over the entire life of the fund, the rate of return is still below the risk free rate of return. The NZ economy would be hundreds of millions of dollars better off if the fund had never been set up, and the money used to repay debt.”

Over its life, the return on the Cullen Fund has been slightly less (0.06%) than the cost of borrowing. That’s $9.5 million – not ‘hundreds of millions’ (remember, people pay this guy to do polling) – and an amount that would have been wiped off by now if the contributions to the Fund had continued. But, hmm, what caused the Fund’s value to drop after stellar gains in its first few years? Oh yeah, the largest recession in 50 years happened.

Yeah, the value of the Fund’s holdings went down then but, guess what?, it got to buy up a whole lot of assets at once in a lifetime prices and since the March of last year (that’s right before last year’s Budget) it’s been turning profits. Between March and December last year it made a 31.7% return compared to a cost of borrowing of 2.3%.

Yesterday, I joked about the only people who couldn’t work out that canceling contributions to the Cullen fund when National did was a mistake were those who mindlessly buy National’s spin and those who need to take off their socks to count past ten. I missed a group, Farrar’s ravings suggest that National’s spinsters believe their own spin. Sad, really.

11 comments on “Nat-onomics: $30 million up in flames ”

Comments are now closed

ianmac 1

17 April 2010 at 1:54 pm

I take your message seriously thanks Marty.
But loved your “National’s spinsters believe their own spin.” Images of sad lonely maidens knitting socks for the National Party.
tsmithfield 2

17 April 2010 at 2:32 pm

“IF” is a wonderful word.

IF I had picked the correct lotto numbers I would be a millionaire by now.

I think it is quite justifiable not to put public money, especially borrowed public money at risk in the conditions the markets were in last year. There is still plenty of indications in the likes of the American housing market and sovereign debt issues that the world economy is still in a very tenuous situation. In fact, in many ways, the can has just been kicked down the road.

The QE programs and stimulus have artificially pumped up the markets, but there was no guarantee of success at the time. Governments shouldn’t only be thinking about return, they also need to be thinking about risk. Afterall, the likes of shares etc aren’t called “risky” assets for nothing. Sure, the American stock markets have been doing well in nominal terms. However, when the devaluation of the dollar over that time is netted off, the returns aren’t nearly has spectacular in real terms. Also, there are some real and present dangers such as contagion in sovereign debt and major asset bubbles in China that could blow up at any time.

Fine to put your own money at risk. But when you’re a government doing it on the behalf of others, and borrowing it as well, its a no-brainer, really.
tsmithfield 3

17 April 2010 at 2:40 pm

One other thing Marty. I might be wrong, but I think is you who has written some quite good articles on the likelihood of a double-dip recession for the world economy.

If you have written these articles, why do you subscribe to the government borrowing to invest in a world market subject to the sort of risks you have perceived.
- Marty G 3.1
  
  18 April 2010 at 12:37 am
  
  clearly, there has been an uptick and everyone could see that coming by budget time last year.
  
  will there be a double dip? the chances of it happening this year are receding.
  
  When the next recession comes the fund should do what it has done, see what’s coming, get into cash, bonds, and gold, wait out the storm, then buy cheap off the useless capitalists and ride the upswing.
  - tsmithfield 3.1.1
    
    18 April 2010 at 7:38 am
    
    And what of “black swan” events, Marty?
    
    For instance, who knows what the eventual economic repercussions will be of the icelandic volcano eruption (some of these have historically gone on for years).
    
    Don’t get me wrong. I am currently risking some of my own money on stocks etc. However, its a different story when it is money borrowed on behalf of the public. I’ll tell you what. Why don’t you take out a mortgage on your house. Give the money to me, and I’ll invest it for you.
sean14 4

17 April 2010 at 2:49 pm

“Nor can you automatically assume that it wold have done worse like Farrar does.”

Exactly. There is no way to know what would have happened, so Small’s story is a pointless beat-up.

Meanwhile, NZ keeps on borrowing $250 million a week. As you seem to be happy with the country borrowing money to invest (gamble) in the stockmarket, presumably you advocate the same for individuals and families?

Perhaps Labour’s next social welfare policy will be extending loans to the working poor so they can cash in on the evil capitalist stockmarket?
- Marty G 4.1
  
  18 April 2010 at 12:35 am
  
  It’s not $250 mil a week. In fact, so far this year net govt debt has gone down.
  
  facts = useful.
  
  “Perhaps Labour’s next social welfare policy will be extending loans to the working poor so they can cash in on the evil capitalist stockmarket?”
  
  they did – Cullen Fund and Kiwisaver, govt money to give rewards to working poor. The Left has no problems with the people owning the means of production.
  - Herodotus 4.1.1
    
    18 April 2010 at 1:21 pm
    
    facts=useful
    I am sure that you would be aware that some portion of this is sourced from increase of investments e.g. ACC, Cullen funds and others. This was in yesteryear under Lab some of our surplus were so great from the bebfit of investment funds increasing. The benefit from investments. Just becasue yo have a break even situation but there could be as like today a CASh deficit. Conversley the opposite could and has occurred, where we have cash surplus but net debt increases. Like in business Cash is king!!
Name 5

17 April 2010 at 3:43 pm

“Between March and December last year it made a 31.7% return…”

No, it only made that much ‘return’ on money actually invested at the bottom of the crash.

The same, roughly, would be true of my portfolio, but as between September ’07 and February ’08 it lost nearly 50% it still isn’t back to its value of 18 months ago. Farrar is right in the sense that NZ has hundreds of millions less to spend now than it had 18 months ago just as I have a few thousand less – on paper – but that’s only relevant to the extent that we might actually want to realise it now to spend on something else. As both the Cullen Fund and my portfolio are ‘nesteggs’ the only relevant figure is the return (or otherwise) seen over the life of the investment and what the thousands I, and millions NZ, might invest are worth then.

That said, I did keep investing in my small way even through the crash and I have made substantial gains on those small investments which off-set the major losses in the short term, while in the long term the cheaply bought will show the best return.
Adrian 6

17 April 2010 at 9:15 pm

It’s time someone called this bullshit about ” borrowing $250 mill a week”. Quite a few weeks ago one of the TV stations in a rare spot of journalism asked ( I wish I could remember who, but it was a quick snippet of course) a senior economist from Berl or BNZ or somesuch about it and he said that it was basicly bullshit. Most of the 250 was rollovers and the amount of new money raised was a lot less than the mythical $250 million.

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Mazda Motor Corporation, commonly known as Mazda, is a Japanese multinational automaker headquartered in Fuchu, Aki District, Hiroshima Prefecture, Japan. The company was founded in 1920 as the Toyo Cork Kogyo Co., Ltd., and began producing vehicles in 1931. Mazda is primarily known for its production of passenger cars, but ...
Gareth’s WorldBy admin
6 days ago

How Often to Replace Your Car Battery A Comprehensive Guide
Your car battery is an essential component that provides power to start your engine, operate your electrical systems, and store energy. Over time, batteries can weaken and lose their ability to hold a charge, which can lead to starting problems, power failures, and other issues. Replacing your battery before it ...
Gareth’s WorldBy admin
6 days ago

Can You Register a Car Without a License?
In most states, you cannot register a car without a valid driver’s license. However, there are a few exceptions to this rule. Exceptions to the Rule If you are under 18 years old: In some states, you can register a car in your name even if you do not ...
Gareth’s WorldBy admin
6 days ago

Mazda: A Comprehensive Evaluation of Reliability, Value, and Performance
Mazda, a Japanese automotive manufacturer with a rich history of innovation and engineering excellence, has emerged as a formidable player in the global car market. Known for its reputation of producing high-quality, fuel-efficient, and driver-oriented vehicles, Mazda has consistently garnered praise from industry experts and consumers alike. In this article, ...
Gareth’s WorldBy admin
6 days ago

What Are Struts on a Car?
Struts are an essential part of a car’s suspension system. They are responsible for supporting the weight of the car and damping the oscillations of the springs. Struts are typically made of steel or aluminum and are filled with hydraulic fluid. How Do Struts Work? Struts work by transferring the ...
Gareth’s WorldBy admin
6 days ago

What Does Car Registration Look Like: A Comprehensive Guide
Car registration is a mandatory process that all vehicle owners must complete annually. This process involves registering your car with the Department of Motor Vehicles (DMV) and paying an associated fee. The registration process ensures that your vehicle is properly licensed and insured, and helps law enforcement and other authorities ...
Gareth’s WorldBy admin
6 days ago

How to Share Computer Audio on Zoom
Zoom is a video conferencing service that allows you to share your screen, webcam, and audio with other participants. In addition to sharing your own audio, you can also share the audio from your computer with other participants. This can be useful for playing music, sharing presentations with audio, or ...
Gareth’s WorldBy admin
6 days ago

How Long Does It Take to Build a Computer?
Building your own computer can be a rewarding and cost-effective way to get a high-performance machine tailored to your specific needs. However, it also requires careful planning and execution, and one of the most important factors to consider is the time it will take. The exact time it takes to ...
Gareth’s WorldBy admin
6 days ago

How to Put Your Computer to Sleep
Sleep mode is a power-saving state that allows your computer to quickly resume operation without having to boot up from scratch. This can be useful if you need to step away from your computer for a short period of time but don’t want to shut it down completely. There are ...
Gareth’s WorldBy admin
6 days ago

What is Computer-Assisted Translation (CAT)?
Introduction Computer-Assisted Translation (CAT) has revolutionized the field of translation by harnessing the power of technology to assist human translators in their work. This innovative approach combines specialized software with human expertise to improve the efficiency, accuracy, and consistency of translations. In this comprehensive article, we will delve into the ...
Gareth’s WorldBy admin
6 days ago

iPad vs. Tablet Computers A Comprehensive Guide to Differences
In today’s digital age, mobile devices have become an indispensable part of our daily lives. Among the vast array of portable computing options available, iPads and tablet computers stand out as two prominent contenders. While both offer similar functionalities, there are subtle yet significant differences between these two devices. This ...
Gareth’s WorldBy admin
6 days ago

How Are Computers Made?
A computer is an electronic device that can be programmed to carry out a set of instructions. The basic components of a computer are the processor, memory, storage, input devices, and output devices. The Processor The processor, also known as the central processing unit (CPU), is the brain of the ...
Gareth’s WorldBy admin
6 days ago

How to Add Voice Memos from iPhone to Computer
Voice Memos is a convenient app on your iPhone that allows you to quickly record and store audio snippets. These recordings can be useful for a variety of purposes, such as taking notes, capturing ideas, or recording interviews. While you can listen to your voice memos on your iPhone, you ...
Gareth’s WorldBy admin
6 days ago

Why My Laptop Screen Has Lines on It: A Comprehensive Guide
Laptop screens are essential for interacting with our devices and accessing information. However, when lines appear on the screen, it can be frustrating and disrupt productivity. Understanding the underlying causes of these lines is crucial for finding effective solutions. Types of Screen Lines Horizontal lines: Also known as scan ...
Gareth’s WorldBy admin
6 days ago

How to Right-Click on a Laptop
Right-clicking is a common and essential computer operation that allows users to access additional options and settings. While most desktop computers have dedicated right-click buttons on their mice, laptops often do not have these buttons due to space limitations. This article will provide a comprehensive guide on how to right-click ...
Gareth’s WorldBy admin
6 days ago

Where is the Power Button on an ASUS Laptop?
Powering up and shutting down your ASUS laptop is an essential task for any laptop user. Locating the power button can sometimes be a hassle, especially if you’re new to ASUS laptops. This article will provide a comprehensive guide on where to find the power button on different ASUS laptop ...
Gareth’s WorldBy admin
6 days ago

How to Start a Dell Laptop: A Comprehensive Guide
Dell laptops are renowned for their reliability, performance, and versatility. Whether you’re a student, a professional, or just someone who needs a reliable computing device, a Dell laptop can meet your needs. However, if you’re new to Dell laptops, you may be wondering how to get started. In this comprehensive ...
Gareth’s WorldBy admin
6 days ago

Gaza: Aotearoa Must Support Independent Investigation into Mass Graves
Te Pāti Māori are demanding the New Zealand Government support an international independent investigation into mass graves that have been uncovered at two hospitals on the Gaza strip, following weeks of assault by Israeli troops. Among the 392 bodies that have been recovered, are children and elderly civilians. Many of ...
Māori Party
10 hours ago

Release: Working together on consistent support for veterans this Anzac Day
Our two-tiered system for veterans’ support is out of step with our closest partners, and all parties in Parliament should work together to fix it, Labour veterans’ affairs spokesperson Greg O’Connor said. ...
Labour Blog
2 days ago

Release: Penny drops – but what about Seymour and Peters?
Stripping two Ministers of their portfolios just six months into the job shows Christopher Luxon’s management style is lacking, Labour Leader Chris Hipkins said. ...
Labour Blog
2 days ago

Another ‘Stolen Generation’ enabled by court ruling on Waitangi Tribunal summons
Tonight’s court decision to overturn the summons of the Children’s Minister has enabled the Crown to continue making decisions about Māori without evidence, says Te Pāti Māori spokesperson for Children, Mariameno Kapa-Kingi. “The judicial system has this evening told the nation that this government can do whatever they want when ...
Māori Party
3 days ago

Release: Budget blunder shows Nicola Willis could cut recovery funding
It appears Nicola Willis is about to pull the rug out from under the feet of local communities still dealing with the aftermath of last year’s severe weather, and local councils relying on funding to build back from these disasters. ...
Labour Blog
3 days ago

Further environmental mismanagement on the cards
The Government’s resource management reforms will add to the heavy and ever-growing burden this Government is loading on to our environment. ...
Greens
3 days ago

Release: RMA changes will be a disaster for environment
The Government is making short-sighted changes to the Resource Management Act (RMA) that will take away environmental protection in favour of short-term profits, Labour’s environment spokesperson Rachel Brooking said today. ...
Labour Blog
4 days ago

Release: Labour supports urgent changes to emergency management system
Labour welcomes the release of the report into the North Island weather events and looks forward to working with the Government to ensure that New Zealand is as prepared as it can be for the next natural disaster. ...
Labour Blog
4 days ago

Release: Labour calls for New Zealand to recognise Palestine
The Labour Party has called for the New Zealand Government to recognise Palestine, as a material step towards progressing the two-State solution needed to achieve a lasting peace in the region. ...
Labour Blog
4 days ago

Release: Three strikes law political posturing of worst kind
The Government is bringing back a law that has little evidential backing just to look tough, Labour justice spokesperson Duncan Webb said. ...
Labour Blog
4 days ago

Release: Government cuts unbelievably target child exploitation, violent extremism, ports and airpor...
Some of our country’s most important work, stopping the sexual exploitation of children and violent extremism could go along with staff on the frontline at ports and airports. ...
Labour Blog
4 days ago

Three strikes has failed before and will fail again
Resurrecting the archaic three-strikes legislation is an unwelcome return to a failed American-style approach to justice. ...
Greens
4 days ago

Release: Environmental protection vital, not ‘onerous’
The Government’s Fast Track Approvals Bill will give projects such as new coal mines a ‘get out of jail free’ card to wreak havoc on the environment, Labour Leader Chris Hipkins said today. ...
Labour Blog
5 days ago

Ferris – Three Strikes targets those ‘too brown to be white’
The government's decision to reintroduce Three Strikes is a destructive and ineffective piece of law-making that will only exacerbate an inherently biased and racist criminal justice system, said Te Pāti Māori Justice Spokesperson, Tākuta Ferris, today. During the time Three Strikes was in place in Aotearoa, Māori and Pasifika received ...
Māori Party
5 days ago

Release: Govt cuts doctors and nurses in hiring freeze
Cuts to frontline hospital staff are not only a broken election promise, it shows the reckless tax cuts have well and truly hit the frontline of the health system, says Labour Health spokesperson Ayesha Verrall. ...
Labour Blog
1 week ago

Fast-track submissions period must be extended
The Green Party has joined the call for public submissions on the fast-track legislation to be extended after the Ombudsman forced the Government to release the list of organisations invited to apply just hours before submissions close. ...
Greens
1 week ago

Release: Progress on climate will be undone by Govt
New Zealand’s good work at reducing climate emissions for three years in a row will be undone by the National government’s lack of ambition and scrapping programmes that were making a difference, Labour Party climate spokesperson Megan Woods said today. ...
Labour Blog
1 week ago

Release: Dark day for Kiwi kids as a third of Govt cuts affect them
News that 1000 jobs at the Ministry of Education and Oranga Tamariki could go is devastating for future generations of New Zealanders. ...
Labour Blog
1 week ago

Release: Alarm as Government signals further blow to school lunches
More essential jobs could be on the chopping block, this time Ministry of Education staff on the school lunches team are set to find out whether they're in line to lose their jobs. ...
Labour Blog
1 week ago

Oranga Tamariki cuts commit tamariki to state abuse
Te Pāti Māori is disgusted at the confirmation that hundreds are set to lose their jobs at Oranga Tamariki, and the disestablishment of the Treaty Response Unit. “This act of absolute carelessness and out of touch decision making is committing tamariki to state abuse.” Said Te Pāti Māori Oranga Tamariki ...
Māori Party
1 week ago

Release: Quick, submit – stop Govt’s dodgy approvals bill
The Government is trying to bring in a law that will allow Ministers to cut corners and kill off native species, Labour environment spokesperson Rachel Brooking said. ...
Labour Blog
1 week ago

Government throws coal on the climate crisis fire
The Government’s policy announced today to ease consenting for coal mining will have a lasting impact across generations. ...
Greens
2 weeks ago

Release: Public transport costs to double as National looks at unaffordable roading project instead
Cancelling urgently needed new Cook Strait ferries and hiking the cost of public transport for many Kiwis so that National can announce the prospect of another tunnel for Wellington is not making good choices, Labour Transport Spokesperson Tangi Utikere said. ...
Labour Blog
2 weeks ago

Release: Cost of living in Auckland still not a priority
A laundry list of additional costs for Tāmaki Makarau Auckland shows the Minister for the city is not delivering for the people who live there, says Labour Auckland Issues spokesperson Shanan Halbert. ...
Labour Blog
2 weeks ago

Te Pāti Māori to visit Queensland to strengthen ties with Māori in Australia
Te Pāti Māori co-leader Rawiri Waititi, and Mema Paremata mō Tāmaki-Makaurau, Takutai Tarsh Kemp, will travel to the Gold Coast to strengthen ties with Māori in Australia next week (15-21 April). The visit, in the lead-up to the 9th Australian National Kapa haka Festival, will be an opportunity for both ...
Māori Party
2 weeks ago

Greens look to fast-track submissions on harmful law
The Green Party has today launched a step-by-step guide to help New Zealanders make their voice heard on the Government’s democracy dodging and anti-environment fast track legislation. ...
Greens
2 weeks ago

Release: Govt should stop making people’s lives harder and build more homes
The National Government’s proposed changes to the Residential Tenancies Act will mean tenants can be turfed from their homes by landlords with little notice, Labour housing spokesperson Kieran McAnulty said. ...
Labour Blog
2 weeks ago

Release: Melissa Lee missing in action on media
The action Melissa Lee promised to protect democracy and the media sector is missing, Media and Communications spokesperson Willie Jackson said. ...
Labour Blog
2 weeks ago

Landlord Government leaves little hope for renters
The Government’s announcement on tenancy rules prove that it does not care about renters. ...
Greens
2 weeks ago

Opportunity to build a more sustainable economy
Green Party co-leader Marama Davidson is calling on all parties to support a common-sense change that’s great for the planet and great for consumers after her member’s bill was drawn from the ballot today. ...
Greens
2 weeks ago

Significant step forward in fixing cruel and unjust past
A significant milestone has been reached in the fight to strike an anti-Pasifika and unfair law from the country’s books after Teanau Tuiono’s members’ bill passed its first reading. ...
Greens
2 weeks ago

Missed opportunity but NZ will surely one day recognise the right to a sustainable environment
New Zealand has today missed the opportunity to uphold the right to a clean, healthy, and sustainable environment, says James Shaw after his member’s bill was voted down in its first reading. ...
Greens
2 weeks ago

Release: Don’t cut our lunches – clear message sent to Government
Tens of thousands of people are demanding the Government commits to fully funding free and healthy school lunches. ...
Labour Blog
2 weeks ago

Release: Govt makes U-turn on Suicide Prevention Office
Labour welcomes the Government’s U-turn on the closure of the Suicide Prevention Office, says Labour Mental Health spokesperson Ingrid Leary. ...
Labour Blog
2 weeks ago

CCC issues warning over further climate delay
Today’s advice from the Climate Change Commission paints a sobering reality of the challenge we face in combating climate change, especially in light of recent Government policy announcements. ...
Greens
3 weeks ago

Luxon targets lame and lousy example of leadership
If talk is cheap, Chris Luxon’s “targets” are bankrupt. ...
Greens
3 weeks ago

Luxon targets are lousy example of leadership
If talk is cheap, Chris Luxon’s “targets” are bankrupt. ...
Greens
3 weeks ago

Release: Commitment to disability communities missing from Govt priorities
Minister for Disability Issues Penny Simmonds appears to have delayed a report back to Cabinet on the progress New Zealand is making against international obligations for disabled New Zealanders. ...
Labour Blog
3 weeks ago

Anzac Commemorative Address, Buttes New British Cemetery Belgium
Ambassador Millar, Burgemeester, Vandepitte, Excellencies, military representatives, distinguished guests, ladies and gentlemen – good morning and welcome to this sacred Anzac Day dawn service. It is an honour to be here on behalf of the Government and people of New Zealand at Buttes New British Cemetery, Polygon Wood – a deeply ...
BeehiveBy beehive.govt.nz
9 hours ago

Anzac Commemorative Address – NZ National Service, Chunuk Bair
Distinguished guests - It is an honour to return once again to this site which, as the resting place for so many of our war-dead, has become a sacred place for generations of New Zealanders. Our presence here and at the other special spaces of Gallipoli is made ...
BeehiveBy beehive.govt.nz
1 day ago

Anzac Commemorative Address – Dawn Service, Gallipoli, Türkiye
Mai ia tawhiti pamamao, te moana nui a Kiwa, kua tae whakaiti mai matou, ki to koutou papa whenua. No koutou te tapuwae, no matou te tapuwae, kua honoa pumautia. Ko nga toa kua hinga nei, o te Waipounamu, o te Ika a Maui, he okioki tahi me o ...
BeehiveBy beehive.govt.nz
1 day ago

PM announces changes to portfolios
Paul Goldsmith will take on responsibility for the Media and Communications portfolio, while Louise Upston will pick up the Disability Issues portfolio, Prime Minister Christopher Luxon announced today. “Our Government is relentlessly focused on getting New Zealand back on track. As issues change in prominence, I plan to adjust Ministerial ...
BeehiveBy beehive.govt.nz
2 days ago

New catch limits for unique fishery areas
Recreational catch limits will be reduced in areas of Fiordland and the Chatham Islands to help keep those fisheries healthy and sustainable, Oceans and Fisheries Minister Shane Jones says. The lower recreational daily catch limits for a range of finfish and shellfish species caught in the Fiordland Marine Area and ...
BeehiveBy beehive.govt.nz
3 days ago

Minister welcomes hydrogen milestone
Energy Minister Simeon Brown has welcomed an important milestone in New Zealand’s hydrogen future, with the opening of the country’s first network of hydrogen refuelling stations in Wiri. “I want to congratulate the team at Hiringa Energy and its partners K one W one (K1W1), Mitsui & Co New Zealand ...
BeehiveBy beehive.govt.nz
3 days ago

Urgent changes to system through first RMA Amendment Bill
The coalition Government is delivering on its commitment to improve resource management laws and give greater certainty to consent applicants, with a Bill to amend the Resource Management Act (RMA) expected to be introduced to Parliament next month. RMA Reform Minister Chris Bishop has today outlined the first RMA Amendment ...
BeehiveBy beehive.govt.nz
4 days ago

Overseas decommissioning models considered
Overseas models for regulating the oil and gas sector, including their decommissioning regimes, are being carefully scrutinised as a potential template for New Zealand’s own sector, Resources Minister Shane Jones says. The Coalition Government is focused on rebuilding investor confidence in New Zealand’s energy sector as it looks to strengthen ...
BeehiveBy beehive.govt.nz
4 days ago

Release of North Island Severe Weather Event Inquiry
Emergency Management and Recovery Minister Mark Mitchell has today released the Report of the Government Inquiry into the response to the North Island Severe Weather Events. “The report shows that New Zealand’s emergency management system is not fit-for-purpose and there are some significant gaps we need to address,” Mr Mitchell ...
BeehiveBy beehive.govt.nz
4 days ago

Justice Minister to attend Human Rights Council
Justice Minister Paul Goldsmith is today travelling to Europe where he’ll update the United Nations Human Rights Council on the Government’s work to restore law and order. “Attending the Universal Periodic Review in Geneva provides us with an opportunity to present New Zealand’s human rights progress, priorities, and challenges, while ...
BeehiveBy beehive.govt.nz
4 days ago

Patterson reopens world’s largest wool scouring facility
Associate Agriculture Minister, Mark Patterson, formally reopened the world’s largest wool processing facility today in Awatoto, Napier, following a $50 million rebuild and refurbishment project. “The reopening of this facility will significantly lift the economic opportunities available to New Zealand’s wool sector, which already accounts for 20 per cent of ...
BeehiveBy beehive.govt.nz
4 days ago

Speech to the Southland Otago Regional Engineering Collective Summit, 18 April 2024
Hon Andrew Bayly, Minister for Small Business and Manufacturing At the Southland Otago Regional Engineering Collective (SOREC) Summit, 18 April, Dunedin Ngā mihi nui, Ko Andrew Bayly aho, Ko Whanganui aho Good Afternoon and thank you for inviting me to open your summit today. I am delighted ...
BeehiveBy beehive.govt.nz
4 days ago

Government to introduce revised Three Strikes law
The Government is delivering on its commitment to bring back the Three Strikes legislation, Associate Justice Minister Nicole McKee announced today. “Our Government is committed to restoring law and order and enforcing appropriate consequences on criminals. We are making it clear that repeat serious violent or sexual offending is not ...
BeehiveBy beehive.govt.nz
4 days ago

New diplomatic appointments
Foreign Minister Winston Peters has today announced four new diplomatic appointments for New Zealand’s overseas missions. “Our diplomats have a vital role in maintaining and protecting New Zealand’s interests around the world,” Mr Peters says. “I am pleased to announce the appointment of these senior diplomats from the ...
BeehiveBy beehive.govt.nz
4 days ago

Humanitarian support for Ethiopia and Somalia
New Zealand is contributing NZ$7 million to support communities affected by severe food insecurity and other urgent humanitarian needs in Ethiopia and Somalia, Foreign Minister Rt Hon Winston Peters announced today. “Over 21 million people are in need of humanitarian assistance across Ethiopia, with a further 6.9 million people ...
BeehiveBy beehive.govt.nz
4 days ago

Arts Minister congratulates Mataaho Collective
Minister for Arts, Culture and Heritage Paul Goldsmith is congratulating Mataaho Collective for winning the Golden Lion for best participant in the main exhibition at the Venice Biennale. "Congratulations to the Mataaho Collective for winning one of the world's most prestigious art prizes at the Venice Biennale. “It is good ...
BeehiveBy beehive.govt.nz
5 days ago

Supporting better financial outcomes for Kiwis
The Government is reforming financial services to improve access to home loans and other lending, and strengthen customer protections, Commerce and Consumer Affairs Minister Andrew Bayly and Housing Minister Chris Bishop announced today. “Our coalition Government is committed to rebuilding the economy and making life simpler by cutting red tape. We are ...
BeehiveBy beehive.govt.nz
6 days ago

Trade relationship with China remains strong
“China remains a strong commercial opportunity for Kiwi exporters as Chinese businesses and consumers continue to value our high-quality safe produce,” Trade and Agriculture Minister Todd McClay says. Mr McClay has returned to New Zealand following visits to Beijing, Harbin and Shanghai where he met ministers, governors and mayors and engaged in trade and agricultural events with the New ...
BeehiveBy beehive.govt.nz
6 days ago

PM’s South East Asia mission does the business
Prime Minister Christopher Luxon has completed a successful trip to Singapore, Thailand and the Philippines, deepening relationships and capitalising on opportunities. Mr Luxon was accompanied by a business delegation and says the choice of countries represents the priority the New Zealand Government places on South East Asia, and our relationships in ...
BeehiveBy beehive.govt.nz
7 days ago

$41m to support clean energy in South East Asia
New Zealand is demonstrating its commitment to reducing global greenhouse emissions, and supporting clean energy transition in South East Asia, through a contribution of NZ$41 million (US$25 million) in climate finance to the Asian Development Bank (ADB)-led Energy Transition Mechanism (ETM). Prime Minister Christopher Luxon and Climate Change Minister Simon Watts announced ...
BeehiveBy beehive.govt.nz
1 week 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
1 week 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
1 week 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
1 week 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
1 week 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
1 week 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
1 week 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
1 week 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
1 week 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
1 week 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
1 week 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
1 week 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
1 week 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
1 week 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
1 week 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
1 week 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
1 week 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
1 week 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
1 week 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
1 week ago

Opinion: It’s time for an arts and creative sector strategy
I was initially resistant to the idea often suggested to me that the Government should deliver an arts strategy. The whole point of the arts and creativity is that people should do whatever the hell they want, unbound by the dictates of politicians in Wellington. Peter Jackson, Kiri Te Kanawa, Eleanor ...
BeehiveBy beehive.govt.nz
1 week ago

Have New Zealanders really been ‘misled’ about AUKUS, or is involvement now a foregone conclusio...
ANALYSIS: By Marco de Jong, Auckland University of Technology and Robert G. Patman, University of Otago When former prime minister Helen Clark spoke out against New Zealand potentially compromising its independent foreign policy by joining pillar two of the AUKUS security pact, Foreign Minister Winston Peters responded bluntly: On ...
Evening ReportBy Asia Pacific Report
59 mins ago

Palestine protesters challenge TVNZ over Israeli ambassador’s ‘propaganda’
Pacific Media Watch Palestine solidarity protesters today demonstrated at the Auckland headquarters of Television New Zealand, accusing the country’s major TV network of broadcasting “propaganda” backing Israel’s genocidal war on Gaza. About 50 protesters targeted the main entrance to the TVNZ building near Sky Tower and also picketed a side ...
Evening ReportBy Asia Pacific Report
2 hours ago

Lynley Hood Opinion – Senator Fulbright must be spinning in his grave
Opinion by Lynley Hood. Forty years on from my 1985 Fulbright Grant, my disquiet over the war in Gaza evoked some troubling questions. The answer to my first question – What is the primary purpose of the Fulbright Programme? – was on the Fulbright NZ website. It says: US Senator, ...
Evening ReportBy Lynley Hood
3 hours ago

Fast-track bill could affect NZ's reputation – Transparency International
The ministers responsible for green-lighting major projects need to be open about potential conflicts of interest, says Transparency International. ...
Radio NZ – political
4 hours ago

We’re all feeling the collective grief and trauma of violence against women – but this is the pr...
Source: The Conversation (Au and NZ) – By Anastasia Powell, Professor, Family and Sexual Violence, RMIT University It has been a particularly distressing start to the year. There is little that can ease the current grief of individuals, families and communities who have needlessly lost a loved one to men’s ...
Evening ReportBy The Conversation
5 hours ago

Species living closely together in symbiosis is far older and way more common than you might think
Source: The Conversation (Au and NZ) – By Gregory Moore, Senior Research Associate, School of Ecosystem and Forest Sciences, The University of Melbourne Lichen, the first described example of symbiosis. AdeJ Artventure/Shutterstock Once known only to those studying biology, the word symbiosis is now widely used. Symbiosis is the intimate ...
Evening ReportBy The Conversation
5 hours ago

What is childhood dementia? And how could new research help?
Source: The Conversation (Au and NZ) – By Kim Hemsley, Head, Childhood Dementia Research Group, Flinders Health and Medical Research Institute, College of Medicine and Public Health, Flinders University Olena Ivanova/Shutterstock “Childhood” and “dementia” are two words we wish we didn’t have to use together. But sadly, around 1,400 ...
Evening ReportBy The Conversation
6 hours ago

Jobseekers get about $345 less than pensioners each fortnight. This gap is hurting, and is set to wi...
Source: The Conversation (Au and NZ) – By Peter Whiteford, Professor, Crawford School of Public Policy, Australian National University The government’s Economic Inclusion Advisory Committee has just published its second report. It was set up by Treasurer Jim Chalmers and Minister for Social Services Amanda Rishworth in 2022 to provide: ...
Evening ReportBy The Conversation
7 hours ago

Does fighting inflation always lead to recession? What NZ data tells
Here is what 60 years of New Zealand data shows us. ...
Radio NZ – political
7 hours ago

The government's 20 trips abroad in April
The government appears committed to overseas visits with 14 ministers and MPs in 18 countries this month. ...
Radio NZ – political
8 hours ago

Government unveils fetal alcohol guidelines, plan for diagnosis training
The government is promising to step up the response to Fetal Alcohol Spectrum Disorder, promising to boost diagnoses and raise awareness. ...
Radio NZ – political
9 hours ago

Labor facing heavy defeat in Queensland, but faring better in federal polls
Source: The Conversation (Au and NZ) – By Adrian Beaumont, Election Analyst (Psephologist) at The Conversation; and Honorary Associate, School of Mathematics and Statistics, The University of Melbourne The Queensland state election will be held in October. A YouGov poll for The Courier Mail, conducted April 9–17 from a sample ...
Evening ReportBy The Conversation
9 hours ago

Why the potential for another Donald Trump presidency is making Iran very nervous
Source: The Conversation (Au and NZ) – By Amin Naeni, PhD candidate at Alfred Deakin Institute for Citizenship and Globalisation, Deakin University There’s been much talk in recent months about what a possible second Donald Trump presidency in the United States could mean for Europe, Russia’s war in Ukraine, the ...
Evening ReportBy The Conversation
9 hours ago

‘The worst piece of law proposed since 1979’: Reactions to the Fast-track Approvals Bill
A brief round-up of submissions on the controversial proposed law. This is an excerpt from our weekly environmental newsletter Future Proof. Sign up here. Last week, submissions on the controversial Fast-track Approvals Bill closed just hours after the government released a list of stakeholder organisations who were sent letters advising how they could ...
The SpinoffBy Ellen Rykers
10 hours ago

The Friday Poem: ‘Cereal giving’ by Robin Peace
A poem from Robin Peace’s new collection Detritus of Empire: feather / grass / rock. Cereal giving I see a woman’s hands, see her curious hands break a stalk as she walks through the tall prairie, the savannah, the steppe, wherever it was. See her idly bite the grass that ...
The SpinoffBy Robin Peace
10 hours ago

The Unity Books bestseller chart for the week ending April 26
The only published and available best-selling indie book chart in New Zealand is the top 10 sales list recorded every week at Unity Books’ stores in High St, Auckland, and Willis St, Wellington. AUCKLAND 1 Hemingway’s Goblet by Dermot Ross (Mary Egan Publishing, $38) A handsomely produced (debossed cover, lovely ...
The SpinoffBy The Spinoff Review of Books
10 hours ago

Te Rūnanga O Ngāti Whātua Welcomes Commissioner's Decision Regarding Awataha Marae
The Commissioner's decision validates the longstanding efforts of the local community and ensures that Awataha Marae will be managed to serve the needs of the local community, particularly for hosting tangihanga. ...
Scoop politics
11 hours ago

We reconstructed landscapes that greeted the first humans in Australia around 65,000 years ago
Source: The Conversation (Au and NZ) – By Tristan Salles, Associate professor, University of Sydney Examples of Australian landscapes. Unsplash Seventy thousand years ago, the sea level was much lower than today. Australia, along with New Guinea and Tasmania, formed a connected landmass known as Sahul. Around this time – ...
Evening ReportBy The Conversation
11 hours ago

What do we lose when our old suburbs disappear?
Source: The Conversation (Au and NZ) – By Felicity Castagna, Lecturer, Creative Writing, Western Sydney University Day Day Market, Parramatta Photo: Garry Trinh I live on the edge of Parramatta, Australia’s fastest-growing city, on the kind of old-fashioned suburban street that has 1950s fibros constructed in the post-war housing boom, ...
Evening ReportBy The Conversation
11 hours ago

Does fighting inflation always lead to recession? What 60 years of NZ data can tell us
Source: The Conversation (Au and NZ) – By Michael Ryan, Teaching Fellow in Economics, University of Waikato GettyImages fatido/Getty Images There is an ongoing global debate over whether the high inflation seen in the aftermath of the COVID-19 pandemic can be lowered without a recession. New Zealand is not ...
Evening ReportBy The Conversation
11 hours ago

After spending $700,000 on pins for Covid-19 workers, department now cutting costs
A government office that set aside millions for lapel pins for pandemic workers is now looking to cut back on spending. ...
Radio NZ – political
12 hours ago

‘A hell of a lot of fun’: Our reviews of Chris Isaak’s dazzling Auckland show
The ‘Wicked Game’ heartthrob is in his late 60s now. That didn’t stop him putting on a lively, goofy and very sparkly show. Apart from ‘Wicked Game’, which graces a sultry playlist of mine simply called 💋, my last sustained Chris Isaak listening session took place when I was about ...
The SpinoffBy Group Think
12 hours ago

The Week in Politics: Days of drama and demotions
Analysis - Two ministers were stripped of portfolios in a warning to Cabinet, drama broke out at the Waitangi Tribunal, and the gang patch ban bill ran into opposition. ...
Radio NZ – political
13 hours ago

Hear me out: All I want is a TrueBliss T-shirt
Tara Ward makes an impassioned plea for some vital pop culture merch. In April 1999, I became obsessed with a new reality television show called Popstars. Every Tuesday night, five strangers transformed into music royalty before my very eyes as Joe, Keri, Carly, Erika and Megan were chosen to form ...
The SpinoffBy Tara Ward
14 hours ago

Solemn ANZAC dawn service at PNG’s Isurava battle memorial
PNG Post-Courier In the early hours of ANZAC Day, aerial photographs captured an impressive gathering of Australians and Papua New Guineans at Isurava in the Northern (Oro) Province. The solemn dawn service yesterday was held at a site steeped in history, where some of the fiercest battles of World War ...
Evening ReportBy Asia Pacific Report
14 hours ago

Political editors panel: A reshuffle and the fast track
Listen - RNZ's Jo Moir and NZ Herald's Claire Trevett dissect the demotion of two ministers and the PM's response on Morning Report. ...
Radio NZ – political
15 hours ago

After-hours clinics on verge of collapse in some regions
Overworked GPs have signalled they can no longer cover, while funding is falling short. ...
Radio NZ – political
15 hours ago

Oranga Tamariki Axes Specialist Māori Roles, Weakens Commitment To Te Ao Māori
The PSA is shocked that Oranga Tamariki has used the cost cutting drive to downgrade its commitment to Te Ao Māori and remove many specialist Māori roles. ...
Scoop politics
15 hours ago

China’s money only goes so far – Kokoda shows why history binds PNG and Australia in a far deepe...
Source: The Conversation (Au and NZ) – By Ian Kemish, Adjunct Professor, School of Historical and Philosophical Inquiry, The University of Queensland There can be no more powerful symbol of the relationship between Australia and Papua New Guinea than the prime ministers of these neighbouring countries walking together on the ...
Evening ReportBy The Conversation
15 hours ago

We spoke to young people about sexual consent. They understand the concept, but don’t always ask i...
Source: The Conversation (Au and NZ) – By Andrea Waling, ARC DECRA Senior Research Fellow in Sex & Sexuality, La Trobe University BAZA Production/Shutterstock Sexual consent has been a major focus in Australia for the past few years. In early 2022 the federal government mandated consent education in ...
Evening ReportBy The Conversation
15 hours ago

Longer-lasting ozone holes over Antarctica expose seal pups and penguin chicks to much more UV
Source: The Conversation (Au and NZ) – By Sharon Robinson, Distinguished Professor and Deputy Director of ARC Securing Antarctica’s Environmental Future (SAEF), University of Wollongong, University of Wollongong Andrew Netherwood Over the last 25 years, the ozone hole which forming over Antarctica each spring has started to shrink. ...
Evening ReportBy The Conversation
15 hours ago

Granting legal ‘personhood’ to nature is a growing movement – can it stem biodiversity loss?
Source: The Conversation (Au and NZ) – By Viktoria Kahui, Senior Lecturer in Environmental Economics, University of Otago Getty Images/Amy Toensing Biodiversity is declining at rates unprecedented in human history. This suggests the ways we currently use to manage our natural environment are failing. One emerging concept focuses on ...
Evening ReportBy The Conversation
15 hours ago

Will checking character references really help you find the best candidate for a job?
Source: The Conversation (Au and NZ) – By Timothy Colin Bednall, Associate Professor in Management, Swinburne University of Technology marvent/Shutterstock Finding the best person to fill a position can be tough, from drafting a job ad to producing a shortlist of top interview candidates. Employers typically consider information from ...
Evening ReportBy The Conversation
15 hours ago

A guide to Wellington’s best BYO restaurants
Wondering where to host your next BYO? Whether its a small gathering or a massive party, we’ve got some recommendations. I was first introduced to the concept of BYOs at Dunedin’s India Gardens, a legendary but sadly defunct establishment, which purveyed enormous quantities of mango chicken to Aotearoa’s drunkest future ...
The SpinoffBy Joel MacManus
15 hours ago

New rock art discoveries in Eastern Sudan tell a tale of ancient cattle, the ‘green Sahara’ and ...
Source: The Conversation (Au and NZ) – By Julien Cooper, Honorary Lecturer, Department of History and Archaeology, Macquarie University Julien Cooper The hyper-arid desert of Eastern Sudan, the Atbai Desert, seems like an unlikely place to find evidence of ancient cattle herders. But in this dry environment, my new ...
Evening ReportBy The Conversation
15 hours ago

Paul Goldsmith starts as new Media Minister replacing sacked Melissa Lee
The media industry is "under pressure", Paul Goldsmith says, but he plans to plot a path forward as he takes up the difficult role. ...
Radio NZ – political
16 hours ago

Media industry sheds few tears for minister Lee
The sector says it’s hopeful her replacement Paul Goldsmith will be able to throw it a lifeline, after six months with a minister deemed missing in action, writes Catherine McGregor in this excerpt from The Bulletin, The Spinoff’s morning news round-up. To receive The Bulletin in full each weekday, sign ...
The SpinoffBy Catherine McGregor
17 hours ago

Is NZ bringing in 'Indonesian coal every month to keep the lights on'?
Analysis: The Resource Minister said it, but is it true and why does it matter? ...
Radio NZ – political
17 hours ago

More spending cuts needed to stablise government finances – economist
The government can't just rely on axing public sector jobs and has to do more to cut spending, says the chief economist at a free market think tank. ...
Radio NZ – political
17 hours ago

The government's 22 trips abroad in April
The government appears committed to overseas visits with 14 miniters and MPs in 18 countries this month. ...
Radio NZ – political
18 hours ago

Loopholes will be exploited in new vape rules – experts
There is no doubt vape manufacturers will find and exploit loopholes in new regulations, say marketing experts. ...
Radio NZ – political
18 hours ago

Aotearoa Party Merges With Rock The Vote NZ Party And John Alcock Elected As Party Leader
Rock The Vote NZ, known for its advocacy for minor party unity and its role within the Freedoms NZ Coalition during the 2023 General Election, celebrates this merger as a strategic enhancement of its operational strength and outreach. ...
Scoop politics
19 hours ago

After spending $2m on pins for Covid-19 workers, department now cutting costs
Government department that spent $2m on lapel pins to honour Covid-19 workers is now looking to make cuts. ...
Radio NZ – political
19 hours ago

An afternoon at the Repair Café, where everyday objects get a second life
Nearly everyone has experienced the frustration of something you use breaking and being difficult or expensive to fix. Proposed legislation could change that. It’s been raining on and off all Sunday afternoon but people are lining up outside a building in a corner of Gribblehirst Park in Sandringham, Auckland. In ...
The SpinoffBy Shanti Mathias
19 hours ago

Dreaming of my not-wedding day
What does a forever relationship look like when you don’t believe in marriage? And how do you celebrate it? This essay is part of our Sunday Essay series, made possible thanks to the support of Creative New Zealand. I’m going to do it, right now. I’m going to say ...
The SpinoffBy Gráinne Patterson
19 hours ago

Daily crossword, Friday 26 April
The post Daily crossword, Friday 26 April appeared first on Newsroom. ...
NewsroomBy Newsroom Puzzles
19 hours ago

The outlook for engineering specialists looks bleak
Opinion: Delays getting to the starting line of new programmes of work are causing significant disruption across the sector The post The outlook for engineering specialists looks bleak appeared first on Newsroom. ...
NewsroomBy Helen Davidson
19 hours ago

Eliza wants more than a last tango in Paris
It’s not that long ago Eliza McCartney was seriously wondering if the Paris Olympics would be her pole vaulting swansong. After years of being hounded by injury after injury, the Rio Olympics bronze medallist was still confident she would compete at her second Olympics in Paris in July, unless something ...
NewsroomBy Suzanne McFadden
19 hours ago

This week’s bestselling books – April 26
FICTION 1 Take Two by Danielle Hawkins (Allen & Unwin, $36.99) There’s commercial fiction, like this book, and then there’s quality fiction, quality writers, quality literature; the forthcoming Auckland Writers Festival is full of quality, and ReadingRoom has two tickets to give away to the following events: Paul Lynch (Dublin ...
NewsroomBy Steve Braunias
19 hours ago

Newsroom daily quiz, Friday 26 April
Loading…(function(i,s,o,g,r,a,m){var ql=document.querySelectorAll('A[quiz],DIV[quiz],A[data-quiz],DIV[data-quiz]'); if(ql){if(ql.length){for(var k=0;k<ql.length;k++){ql[k].id='quiz-embed-'+k;ql[k].href="javascript:var i=document.getElementById('quiz-embed-"+k+"');try{qz.startQuiz(i)}catch(e){i.start=1;i.style.cursor='wait';i.style.opacity='0.5'};void(0);"}}};i['QP']=r;i[r]=i[r]||function(){(i[r].q=i[r].q||[]).push(arguments)},i[r].l=1*new Date();a=s.createElement(o),m=s.getElementsByTagName(o)[0];a.async=1;a.src=g;m.parentNode.insertBefore(a,m)})(window,document,'script','https://take.quiz-maker.com/3012/CDN/quiz-embed-v1.js','qp'); Got a good quiz question? Send Newsroom your questions. The post Newsroom daily quiz, Friday 26 April appeared first on Newsroom. ...
NewsroomBy Newsroom Puzzles
19 hours ago

On the fringes of the Gallipoli battlefield
You can’t have missed the Gallipoli story as the movies, documentaries, essays and books capture what it was like for New Zealand troops in their eight-month campaign on the Peninsula. But this Anzac Day the Auckland War Memorial Museum has published a book that sheds light on a little-known aspect of the ...
NewsroomBy Alexia Russell
19 hours ago

Govt repeats mistakes of Muldoon’s authoritarian excesses
Opinion: It needs wiser leadership to learn from the past to have a balanced planning and resource management law The post Govt repeats mistakes of Muldoon’s authoritarian excesses appeared first on Newsroom. ...
NewsroomBy Peter Dunne
19 hours ago

Debt clifftop guardrail and ambulance removed at same time
It will be soon be easier to get lending, but harder to get help for debt The post Debt clifftop guardrail and ambulance removed at same time appeared first on Newsroom. ...
NewsroomBy Emma Hatton
19 hours ago

Just Life exit from NZX puts listed company regulation under microscope
Just Life’s chief executive says the exchange’s regulatory burden outweighs any benefits to small business The post Just Life exit from NZX puts listed company regulation under microscope appeared first on Newsroom. ...
NewsroomBy Andrew Bevin
19 hours ago

Prime Minister jumps the gun in Thailand
The Prime Minister has committed to resuming direct flights to Thailand. But it’s not a promise he will be able to deliver on anytime soon. The post Prime Minister jumps the gun in Thailand appeared first on Newsroom. ...
NewsroomBy Laura Walters
19 hours ago

Grattan on Friday: Social media companies can’t be immune from the need for a social licence
Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra In the free-for-all between the Australian government and Big Tech boss Elon Musk this week, the government had to be on a winner. Most people would have little sympathy with Musk’s vociferous opposition to ...
Evening ReportBy The Conversation
1 day ago

Nelson Mandela’s grandson joins Gaza flotilla, slams ‘genocide complicit’ leaders
Asia Pacific Report Chief Mandla Mandela, a member of the National Assembly of South Africa and Nelson Mandela’s grandson, has joined the Freedom Flotilla in istanbul as the ships prepare to sail for Gaza, reports Kia Ora Gaza. Mandela is also the ambassador for the Global Campaign to Return to ...
Evening ReportBy Asia Pacific Report
1 day ago

200 journalists ‘targeted’ over their environment reporting, warns RSF
Pacific Media Watch Journalists who report on environmental issues are encountering growing difficulties in many parts of the world, reports Reporters Without Borders. According to the tally kept by RSF, 200 journalists have been subjected to threats and physical violence, including murder, in the past 10 years because they were ...
Evening ReportBy Asia Pacific Report
1 day ago

Bryce Edwards Analysis – Luxon’s ruthless show of strength is perfect for our angry era
Analysis by Dr Bryce Edwards, Democracy Project (https://democracyproject.nz) Political scientist, Dr Bryce Edwards. Prime Minister Christopher Luxon has surprised everyone with his ruthlessness in sacking two of his ministers from their crucial portfolios. Removing ministers for poor performance after only five months in the job just doesn’t normally happen in ...
Evening ReportBy Bryce Edwards
1 day ago

David Seymour: Auckland Grammar School ANZAC Day Address
This speech was delivered to Auckland Grammar students, family, Old Boys, and staff on ANZAC Day 2024 by David Seymour ’97, MP for Epsom. ...
Scoop politics
1 day ago

David Seymour: Auckland Grammar School ANZAC Day Address
This speech was delivered to Auckland Grammar students, family, Old Boys, and staff on ANZAC Day 2024 by David Seymour ’97, MP for Epsom. ...
Scoop politics
1 day ago

Inflation is slowly falling while student debt is climbing: 6 graphs that explain the CPI
Source: The Conversation (Au and NZ) – By John Hawkins, Senior Lecturer, Canberra School of Politics, Economics and Society, University of Canberra BagzhanSadvakassov/Upsplash, CC BY-SA Australia’s inflation rate has fallen for the fifth successive quarter, and it’s now less than half of what it was back in late 2022. ...
Evening ReportBy The Conversation
1 day ago

Response To ANZAC Day Protests
ACT's Rural Communities and Veterans spokesman Mark Cameron responds to cancellations and protests of ANZAC Day commemorations in Wellington. He says, "These pitiful attempts to detract from ANZAC Day are not at all indicative of the feelings of mainstream ...
Scoop politics
1 day ago

Claimants want Children's Minister to front up kanohi ki te kanohi (face to face)
Waitangi Tribunal claimants will appeal a High Court decision to overturn a summons order from the Tribunal for Children's Minister Karen Chhour. ...
Radio NZ – political
1 day ago

‘It bucked our lads up wonderfully’: the lightning-quick battle that marked the birth of the US-...
Source: The Conversation (Au and NZ) – By Meighen McCrae, Associate Professor of Strategic & Defence Studies, Australian National University American and Australian stretcher bearers working together near the front line during the Battle of Hamel in 1918. Australian War Memorial While the AUKUS alliance is new, the Australian-American partnership ...
Evening ReportBy The Conversation
1 day ago

GCSB refuses to release details of spy deal 'to protect interests'
The spy agency is refusing to release a copy of its deal with a foreign agency to run a secret operation out of this country. ...
Radio NZ – political
1 day ago

Die In for Palestine Marks ANZAC day
Pōneke based peace activists staged a silent protest at the ANZAC day service to highlight New Zealand’s complicity in war and genocide, and urge the government to take concrete steps to stop the genocide in Palestine. ...
Scoop politics
1 day ago

Ancient nomads you’ve probably never heard of disappeared from Europe 1,000 years ago. Now, DNA an...
Source: The Conversation (Au and NZ) – By Magdalena M.E. Bunbury, Postdoctoral Researcher, James Cook University Burial with a horse at the Rákóczifalva site, Hungary (8th century AD). Sándor Hegedűs, Hungarian National Museum, CC BY How do we understand past societies? For centuries, our main sources of information have been ...
Evening ReportBy The Conversation
2 days ago

Don’t mention the war: On grandparents and Anzac biscuits
Amanda Thompson doesn’t really do Anzac Day. But what she does do is remember the people she knew who had a lifetime to remember stuff they didn’t really want to, because of a war they didn’t ask for. And she does make Anzac biscuits. First published in 2021. All my ...
The SpinoffBy Amanda Thompson
2 days ago

If plastic manufacturing goes up 10%, plastic pollution goes up 10% – and we’re set for a huge ...
Source: The Conversation (Au and NZ) – By Kathryn Willis, Postdoctoral Researcher, CSIRO Xavier Boulenger/Shutterstock In the two decades to 2019, global plastic production doubled. By 2040, plastic manufacturing and processing could consume as much as 20% of global oil production and use up 15% of the annual carbon ...
Evening ReportBy The Conversation
2 days ago

Governor-General's Anzac Day Dawn Service Address
With our collective remembrance, and steadfast belief in our common humanity, we strengthen our hope and resolve to do what we can to foster dialogue and understanding, and to heal divisions in our pursuit of peace. ...
Scoop politics
2 days ago

Angling-Conservation Group Sees Fast Track Bill As Undemocratic
Principal reasons for the opposition is the loss of the public’s democratic right to have “a fair say” and the vital need for a government free from corruption, said Casey Cravens of Dunedin, president of the New Zealand Federation of Freshwater ...
Scoop politics
2 days ago

Remembering the great TrueBliss vs Bardot national anthem sing-off
Never mind the scoreboard – in the 2000 Bledisloe Cup decider, the real trans-Tasman battle was won before kickoff. First published in 2016. The dawn of the new millennium was a dark time for the All Blacks. Their final game pre-Y2K was a 22-18 loss to South Africa in the ...
The SpinoffBy Jamie Wall
2 days ago

Help Me Hera: Do I even want the public sector job I might be about to lose?
I’m on the wrong side of 40, I never pursued creative work and now my job is killing my soul. Help! Want Hera’s help? Email your problem to helpme@thespinoff.co.nz Dear Hera, May I start with the least original conversation opener you’re likely to hear around the motu at the moment, particularly in Wellington: ...
The SpinoffBy Hera Lindsay Bird
2 days ago

ANZAC Day Wreath Calls For No Future Deaths From AUKUS
“Never again - No AUKUS” was the message of the wreath laid at this morning’s national ANZAC Day commemorative service at Pukeahu National War Memorial Park this morning by the Stop AUKUS group. ...
Scoop politics
2 days ago

Nat-onomics: $30 million up in flames

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Nat-onomics: $30 million up in flames

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