web analytics

National’s infrastructure bank

Written By: - Date published: 7:24 am, September 11th, 2020 - 21 comments
Categories: assets, Deep stuff, Economy, national, privatisation, Public Private Partnerships, transport, uncategorized - Tags:

National’s infrastructure bank proposal bugs me.

It’s yet another entity out of the hands of politicians – and that brings with it a high risk of trouble.

LIGHT RAIL

The first comparison I’m making is to NZ Superannuation. They are the people that brought in the Canadians to form NZ Infra to propose an entirely different light rail proposal for Auckland.

NZ Superannuation actively undermined NZTA’s light rail proposal for over a year. They will claim that they have the mandate to do it as they are statutorily directed to pursue local investments in local assets for the benefit of New Zealanders. But they damaged the reputation of the government and in particular that of the Minister of Transport. They also pushed around MoT and Treasury and kept going right over their heads and lobbied Ministers directly. Instead of issuing an apology to the Minister for the damage, they are going for the costs of the proposal from MoT and NZTA.

TRANSMISSION GULLY

OK there are multiple faults coming out of the woodwork on this job, and plenty of cause and effect on both sides of the public and private sector ledger. ACC has been an important investor in Transmission Gully, together with Infrared Capital Partnership, and Pacific Partnerships PTY, as part of the Wellington Gateway Partnership.

But the government review coming out of the mess in Transmission Gully will raise both operational and governance questions, guaranteed. The further out each level of commercial structure takes you from actual Ministerial political control, the faster and bigger it can get out of control.

And I’m not knocking NZ Super: I’m issuing a stern warning to future governments about setting up massive entities with control over large policy goals and who contain vast amounts of public money.

OTHER EXAMPLES

There have been a number of partnerships between the public and private sectors to finance delivery of infrastructure projects, including:

  • Auckland Harbour Bridge, completed in 1959 financed privately by user tolls
  • Lyttleton Tunnel completed in 1964, financed privately by user tolls
  • Tauranga Harbour Bridge completed in 1988 financed privately by user tolls
  • Route K Expressway in Tauranga completed in 2003 funded by Tauranga District Council as a toll road
  • A few of our jails have been Build, Operate, Transfer models

Not all Public Private Partnerships turn out badly, such as the Ara Tuhono expressway which includes in its PPP ACC, HRL Morrison (one of the Infratil family), Acciona Concesiones, Fletcher Building, and Higgins. It won’t meet its completion date, but then again honestly very few large projects do.

But sometimes similar arrangements go really, really bad. In December 2007 Kaipara District Council awarded a $53 million Design Build Finance Operate contract for delivery of wastewater services in Mangawhai. That went wrong in about every way you could think.

Distance from democratically elected accountability is a massive risk factor when it comes to keeping a big project under control. Alliancing is popular and the moment – but it doesn’t usually involve the constructor having an equity stake in the outcome, so the degree of control is still pretty high.

INFRASTRUCTURE BANK

So the first problem is National’s proposal yesterday for an infrastructure bank will have the effect of cheating the Government’s accounting system to make it look like it is reducing debt. Other entities do that already.

But the second problem is the degree of political autonomy of the bank to write deals for projects will get it right out of political accountability. Being able to scorch a Minister for poor project performance is what Ministers, not bank executives, are paid for. Ministers, not bank executives, must react to the public, form reviews, carry them out, improve, respond to actual citizens.

Whereas we have seen multiple times over the last decade, entities that have near full independence from political oversight can turn into steaming dumpster fires with very bad smells coming out of them, and they are very hard to put out precisely because of that independence. And yet the public pressure will continue to fire on the relevant Minister, and can only put out the fire with their cash – and lots of it.

SUMMARY

I’m not knocking the principle of multiple investors for large infrastructure jobs per se. The necessary interventions are getting bigger and bigger, and the money available to NZTA will continue to be constrained. Pressures from urban growth, societal needs, electricity and transport network age, climate change, and local government incapacity, are already getting well beyond the scope of our little central government to cope with.

But the more you separate public money and public policy outcomes from direct public accountability through a democratically elected Minister, the higher the risk this will blow up like a bomb in a fish factory, and the rest turns into frenzied seagulls eating the remains up. The proposed Infrastructure Bank is an accounting trick, with very high risks that the entire power of our political order for anyone affected by these monster projects will weaken citizens’ rights.

21 comments on “National’s infrastructure bank ”

  1. RosieLee 1

    Another cog in the Bankster wheel.

  2. tc 2

    Another bank….seriously ? Zero imagination and an admission that they don't want to work with what's there and will setup another trough for their mates.

    Kiwis recall what gez and the wrecking crew did to Chch, opportunity knocks again national styles.

  3. Patricia Bremner 3

    Personally I thought "This smells like a certain past PM's handiwork".. with all the ticket clipping that could go on and jobs for the boys.

    The National Party need to list who they thought could run it.

    Would it have overseas trusts?…similar to an earlier investment model? Just asking??

  4. greywarshark 4

    Doing what the government would be doing if it hadn't had its limbs amputated by a tricky Treasury and financial finaglers cohort? As many say let's have a Ministry of Works run by people who know about 'works' rather than the theory of how to run things to an arbitrary budget – which if it relates to work done by private firms, has flexible levels.

    • Ed1 4.1

      At its heart the MoW was a major civil engineering consultancy, who usually replied on private companies for a lot of the work, but were able to expand for major projects – the "Works" towns recognised that local firms could not cover the manpower requirements, or in some cases the specialised jobs. They looked long term, and built to minimise cost over the lifetime of the structure, whether that be a building or road or dam. They encouraged local businesses to be involved, so we had firms available to undertake road works were it was likely that repairs would be necessary (West coast of both Islands comes to mind), and they delivered value for money. The Kapiti Expressway was contracted to built by a consortium that was put together for the project; they had little of their own money at risk; remedial work was needed even during the term of the Key Government that commissioned the work. The state sector now has little expertise to assess tenders, negotiate engineering or technical contracts, or oversee progress and quality.

      The new Department need not be called the MoW, but one is needed. We may laugh about Brownlee being the second disaster to hit Christchurch, but we should not be relying on our politicians to have technical expertise in the first place, whether that is general insurance principles or engineering.

  5. tc 5

    greywarshark nails it, a MOW is required again. Engineering solutions taken with a long term view and not fiscally driven compromises.

    Shit happens in major civil works, govt can carry that risk with minimal fuss whereas private want's to carry nothing. If it does carry risk it'll cost more.

    Rail over roads while we still can to move us and our goods about etc. The Key regimes intransigence to road over rail mandates urgent action now in a post-covid world.

  6. Tricledrown 6

    Paying 8% for money when the govt can print bonds at 0.25% interest shows the National party wants to load NZ up with expensive debt.

    • Draco T Bastard 6.1

      The govt can create money at 0%. Why they insist that they need to charge themselves and us interest for creating our money is a major problem.

  7. Phil 7

    Does the Green Party platform still include a 'green bank'?

  8. Draco T Bastard 8

    I’m not knocking the principle of multiple investors for large infrastructure jobs per se.

    I am as its a stupid idea for infrastructure provided by government as all it dies is allow rich people to bludge off of the rest of us for no practical benefit.

    The necessary interventions are getting bigger and bigger, and the money available to NZTA will continue to be constrained.

    The money available to the government isn't. We really have to get over the idea that the government is constrained by money.

    Pressures from urban growth, societal needs, electricity and transport network age, climate change, and local government incapacity, are already getting well beyond the scope of our little central government to cope with.

    No its not. Even with private investment all these issues will still be rectified by NZers working in NZ. The government has enough wherewithal to even bring in people from offshore to help out if necessary who would be directly employed by the government.

    The proposed Infrastructure Bank is an accounting trick, with very high risks that the entire power of our political order for anyone affected by these monster projects will weaken citizens’ rights.

    And don't forget the massive profit for the private investors that it will guarantee.

  9. Peter 9

    "And I’m not knocking NZ Super: I’m issuing a stern warning to future governments about setting up massive entities with control over large policy goals and who contain vast amounts of public money."

    Wasn't this the Dancing Cossacks theme tune, the Reds under the beds? A massive superannuation fund controlling everything?

    • Ad 9.1

      Aye true but ACC's been around for a while, and both NZSuperfund and Crown Infrastructure Holdings are agreed across Parliament.

      • Peter 9.1.1

        And we take it as implicit though that Muldoon killing of the super scheme put us in a never-to-catch up 40 years behind the eighth ball position? And that National Party genius is still National Party genius and National Party not resorting to fear tactics is the same?

  10. Phil 10

    the first problem is National’s proposal yesterday for an infrastructure bank will have the effect of cheating the Government’s accounting system to make it look like it is reducing debt. Other entities do that already.

    This is false, or at least very misleading.

    When the government accounts are reported, they are consolidated to include all SOE's and mixed-ownership companies.

    The direct analogue to the infrastructure bank is Kiwibank (i.e Kiwi Group Holdings). Its loans/assets and customer deposit liabilities are both reported as part of the consolidated government accounts. An infrastructure bank would be consolidated exactly the same way and would not give an opportunity to make it look like government debt is reducing.

    • Ed1 10.1

      PPPs have been successfully used for many years around the world now. For a government to provision for the risk of default by such a partnership would of course only make a collapse more likely, but fortunately nobody has ever identified such a risk – unless it suddenly does happen . . .

  11. Stuart Munro 11

    On current performance any funds put into a National run 'infrastructure bank' would disappear down the rabbithole to China along with the money Shipley & Yan lost Mainzeal.

    • Gabby 11.1

      I kind of assumed it was another move by Codger to suck in some Chinese money and sneak a few more assets into Chinese ownership.

      • Stuart Munro 11.1.1

        I do kind of wonder why they need a new one – didn't Key & English already make a new one and leave in the sticky fingers of ため Shipley?

  12. Dean Reynolds 12

    I'm with Draco – we re-establish the Ministry of Works for all major infrastructure development & advance them finance from the Reserve bank at 0% interest. We don't involve ACC, foreign pension funds, etc- look at the balls ups of Auckland's light rail & Transmission Gully.

    If ACC is at a loose end & wants to usefully use its reserves, then it can implement Justice Woodhouse's original vision of providing universal sickness as well as accident cover. While it's about it, it can introduce universal dental cover as well.

    Those of us on the left of the political spectrum, who still have a Social Democratic vision, need to start pushing strongly for meaningful, comprehensive reform of our whole economic/social structure.

  13. Ed1 13

    National have consistently fought against Kiwibank – they knew they would lose votes if they had sold it, so they just stopped letting it have enough capital to make a real difference. Have they explained why the existing trading and merchant banks need to have a government owned competititor?

  14. Patricia Bremner 14

    I have discussed this proposal with family with National Party affiliations. Their response…"Oh it will probably be big enough to get around laws and the conservation idiots"

    After further discussion, it turns out there is a mantra to get rid of "Red Tape", emphasis on the Red, which is perceived as "holding up progress"

    The conversation turned to real estate, and how investors are hamstrung now by endless regulations. They think farming is going the same way. " Labour loves bureaucracy".

    I pointed out it was only affecting bad Landlords and Farmers who did not do repairs and maintenance, look after the land water or animals. Landlords who made endless unjustified rental demands and threw people out of their home on a whim. The rejoinder gave me pause, "Home? It isn't their home, it is their rental. We own it."

    A real disconnect there, they are generally good landlords, but that made me realise they don't see the home aspect of renting, so I think the new laws are needed.

    Further they feel the new rules are made to penalise the few. "A sledge hammer to crack a nut", yet they had to go and put proper insulation in two of their properties.

    My query as to who would run this investment bank, they said Parliament would have to approve the appointments. I then asked what they saw as the role of the Treasurer.

    The reponse was "he (lol) would set the direction, the Infastructure Investments Bank would be under the control of their Board. " (So I guess they would pick and choose who did the work. )

    So as far as I can tell, this idea is to circumvent rules, gain control of investments in infrastructure, and distance that from the rule makers. Wow and Wow!!

Recent Comments

Recent Posts

  • New Zealand to open new Trade Commission in Fiji
    New Zealand will open a new Trade Commission in Fiji later this year, Trade and Export Growth Minister Damien O’Connor has announced.  “Fiji is New Zealand’s largest trading partner in the Pacific region”, Damien O’Connor said. “Prior to the COVID-19 pandemic, annual two-way trade between New Zealand and Fiji was ...
    BeehiveBy beehive.govt.nz
    39 mins ago
  • Building a New Zealand Health Service that works for all New Zealanders
    HON ANDREW LITTLE SPEECH Morena tātau katoa. Tēnā tātau kua karahuihui mai nei i tēnei ata, Ki te whakarewa te rautaki hauora matua o Aotearoa, Kia hua ko te oranga pai o te motu. Tena tatau katoa.   INTRODUCTION Welcome. Today, I am laying out for you a plan to ...
    BeehiveBy beehive.govt.nz
    9 hours ago
  • Major reforms will make healthcare accessible for all NZers
    All DHBs will be replaced by one national organisation, Health New Zealand A new Māori Health Authority will have the power to commission health services, monitor the state of Māori health and develop policy New Public Health Agency will be created Strengthened Ministry of Health will monitor performance and advise ...
    BeehiveBy beehive.govt.nz
    9 hours ago
  • Minister Henare contribution to speech on Building a New Zealand Health Service that works for all N...
    We talk a lot about being a transformational Government. Some imagine this statement means big infrastructure builds, massive policy commitments all leading up to a single grand reveal. But this is what I see as transformation. Something quite simply and yet so very complex. Māori feeling comfortable and able to ...
    BeehiveBy beehive.govt.nz
    9 hours ago
  • Health reform announcement
    On Wednesday morning, Minister of Health Andrew Little and Associate Minister of Health (Māori) Peeni Henare are announcing major health reforms.  You can watch the announcement live here from 8am Wednesday. ...
    BeehiveBy beehive.govt.nz
    23 hours ago
  • Alpine Fault research supports Government’s work planning and preparing for earthquakes
    New research into the probability of an Alpine Fault rupture reinforces the importance of taking action to plan and prepare for earthquakes, Acting Minister for Emergency Management Kris Faafoi says. Research published by Dr Jamie Howarth of Te Herenga Waka - Victoria University of Wellington today, shows there is a ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • New Zealand to provide further support to UN North Korea sanctions
    Foreign Minister Nanaia Mahuta and Defence Minister Peeni Henare today announced that New Zealand is deploying a Royal New Zealand Air Force P-3K2 Orion maritime patrol aircraft in support of United Nations Security Council (UNSC) sanctions on North Korea. The Resolutions, adopted unanimously by the UNSC between 2006 and 2017, ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Transmission Gully review shows flawed planning process should have been addressed before project st...
    The Transmission Gully Interim Review has found serious flaws at the planning stage of the project, undermining the successful completion of the four-lane motor north of Wellington Infrastructure Minister Grant Robertson and Transport Minister Michael Wood said. Grant Robertson said the review found the public-private partnership (PPP) established under the ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Australian Foreign Minister to visit Aotearoa New Zealand
    Foreign Minister Nanaia Mahuta announced today that Australian Foreign Minister Hon Marise Payne will visit Aotearoa New Zealand for the first face-to-face Foreign Ministers’ Consulations since the COVID-19 pandemic began. “Australia is New Zealand’s closest and most important international partner. I’m very pleased to be able to welcome Hon Marise ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Border exceptions will see more families reunited
    Hundreds more families who were separated by the border closure will be reunited under new border exceptions announced today, Immigration Minister Kris Faafoi said. “The Government closed the border to everyone but New Zealand citizens and residents, in order to keep COVID-19 out, keep our economy open and keep New ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • “He Taniwha He Tipua, He Tipua He Taniwha – The Dragon and the Taniwha”
    Hon Nanaia Mahuta, Foreign Minister 8.30am, 19 April 2021 [CHECK AGAINST DELIVERY] Speech to the NZCC Korihi Pō, Korihi Ao E rongo e turia no Matahau Nō Tū te winiwini, Nō Tū te wanawana Tū Hikitia rā, Tū Hapainga mai Ki te Whai Ao, Ki te Ao Mārama Tihei Mauri ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Backing sustainable wool carpets to create a compelling yarn for New Zealand’s strong wool sector
    The Government is supporting a new project with all-wool New Zealand carpet company, Bremworth, which has its sights on developing more sustainable all-wool carpets and rugs, Agriculture Minister Damien O’Connor announced.  The Ministry for Primary Industries is contributing $1.9 million towards Bremworth’s $4.9 million sustainability project through its Sustainable Food ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • New Zealand provides support to Timor-Leste for flooding and COVID-19 surge
    New Zealand is providing further support to Timor-Leste following severe flooding and the recent surge in COVID-19 cases, Foreign Affairs Minister Nanaia Mahuta announced today. “Our thoughts are with the people of Timor-Leste who have been impacted by the severe flooding and landslides at a time when the country is ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • WHANAU OF MĀORI BATTALION SOLDIERS REUNITED WITH MEDALS
    A ceremony has been held today in Gisborne where the unclaimed medals of 28 (Māori) Battalion C Company soldiers were presented to their families.   After the Second World War, returning service personnel needed to apply for their medals and then they would be posted out to them.  While most medals ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Reducing barriers to breastfeeding
    The Government is committed to increasing the number of mothers who breastfeed for longer to give babies born in New Zealand the best start in life. The Ministry of Health recommends that babies are exclusively breastfed for the first six month but only about 20 percent of children at this ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • SolarWinds compromise attributed to Russian state actor
    New Zealand has today added its voice to the international condemnation of the malicious compromise and exploitation of the SolarWinds Orion platform. The Minister Responsible for the Government Communications Security Bureau, Andrew Little, says that New Zealand's international partners have analysed the compromise of the SolarWinds Orion platform and attributed ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Queenstown roading project given fast track approval
    An expert consenting panel has approved the Queenstown Arterials Project, which will significantly improve transport links and reduce congestion for locals and visitors in the tourism hotspot.   Environment Minister David Parker welcomed the approval for the project that will construct, operate and maintain a new urban road around Queenstown’s town ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Screen industry secures landmark project
    Economic and Regional Development Minister Stuart Nash says a landmark deal has been agreed with Amazon for The Lord of the Rings TV series, currently being filmed in New Zealand. Mr Nash says the Memorandum of Understanding (MoU) secures multi-year economic and tourism benefits to New Zealand, outside the screen ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Report into review of health response to lead contamination released
    The Government welcomes the findings from a rapid review into the health system response to lead contamination in Waikouaiti’s drinking water supply. Sample results from the town’s drinking-water supply showed intermittent spikes in lead levels above the maximum acceptable value. The source of the contamination is still under investigation by ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • NZ Upgrade Programme revs up economic recovery
    Transport Minister Michael Wood today marked the start of construction on the New Zealand Upgrade Programme’s Papakura to Drury South project on Auckland’s Southern Motorway, which will create hundreds of jobs and support Auckland’s economic recovery. The SH1 Papakura to Drury South project will give more transport choices by providing ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Speech releasing the Digital Council's report 'Towards Trustworthy and Trusted Automated D...
    CHECK AGAINST DELIVERY  E ngā mana, e ngā reo, e ngā karanga maha o te wa, tēnā koutou, tēna koutou, tēna tātou katoa. Ki ngā mana whenua, ko Ngāi Tahu, ko Waitaha, ko Kāti Māmoe  anō nei aku mihi ki a koutou. Nōku te hōnore kia haere mai ki te ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Green light for 10 minute e-bus to Auckland Airport
    Transport Minister Michael Wood today marked the completion of upgrades to State Highway 20B which will give Aucklanders quick electric bus trips to and from the airport. The State Highway 20B Early Improvements project has added new lanes in each direction between Pukaki Creek Bridge and SH20 for buses and ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Review into greyhound racing announced
    The Government is putting in place a review of the work being done on animal welfare and safety in the greyhound racing industry, Grant Robertson announced today. “While Greyhound Racing NZ has reported some progress in implementing the recommendations of the Hansen Report, recent incidents show the industry still has ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Road safety boosted by increased penalty for mobile use while driving
    The infringement fee for using a mobile phone while driving will increase from $80 to $150 from 30 April 2021 to encourage safer driving, Transport Minister Michael Wood announced today. Michael Wood said too many people are still picking up the phone while driving. “Police issued over 40,000 infringement notices ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Pacific mental wellbeing supported across Auckland and Wellington
    Pacific people in New Zealand will be better supported with new mental health and addiction services rolling out across the Auckland and Wellington regions, says Aupito William Sio.  “One size does not fit all when it comes to supporting the mental wellbeing of our Pacific peoples. We need a by ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Fresh approach proposed to Smokefree 2025
    New measures are being proposed to accelerate progress towards becoming a smokefree nation by 2025, Associate Minister of Health Dr Ayesha Verrall announced. “Smoking or exposure to second-hand smoke kills around 12 people a day in New Zealand. Recent data tells us New Zealand’s smoking rates continue to decrease, but ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Govt expands Mana Ake to provide more school-based mental wellbeing support
    More children will be able to access mental wellbeing support with the Government expansion of Mana Ake services to five new District Health Board areas, Health Minister Andrew Little says. The Health Minister made the announcement while visiting Homai School in Counties Manukau alongside Prime Minister Jacinda Ardern and Associate ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Record Number of People Move Into Work
    The Government’s COVID-19 response has meant a record number of people moved off a Benefit and into employment in the March Quarter, with 32,880 moving into work in the first three months of 2021. “More people moved into work last quarter than any time since the Ministry of Social Development ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Significant global progress made under Christchurch Call
    A stocktake undertaken by France and New Zealand shows significant global progress under the Christchurch Call towards its goal to eliminate terrorist and violent extremist content online.  The findings of the report released today reinforce the importance of a multi-stakeholder approach, with countries, companies and civil society working together to ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • New chair of interim TAB NZ Board appointed
    Racing Minister Grant Robertson has announced he is appointing Elizabeth Dawson (Liz) as the Chair of the interim TAB NZ Board. Liz Dawson is an existing Board Director of the interim TAB NZ Board and Chair of the TAB NZ Board Selection Panel and will continue in her role as ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government to phase out live exports by sea
    The Government has announced that the export of livestock by sea will cease following a transition period of up to two years, said Agriculture Minister Damien O’Connor. “At the heart of our decision is upholding New Zealand’s reputation for high standards of animal welfare. We must stay ahead of the ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Workshop on Lethal Autonomous Weapons Systems – opening remarks
    WORKSHOP ON LETHAL AUTONOMOUS WEAPONS SYSTEMS Wednesday 14 April 2021 MINISTER FOR DISARMAMENT AND ARMS CONTROL OPENING REMARKS Good morning, I am so pleased to be able to join you for part of this workshop, which I’m confident will help us along the path to developing New Zealand’s national policy on ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Inter-prison kapa haka competition launched
    For the first time, all 18 prisons in New Zealand will be invited to participate in an inter-prison kapa haka competition, Corrections Minister Kelvin Davis announced today. The 2021 Hōkai Rangi Whakataetae Kapa Haka will see groups prepare and perform kapa haka for experienced judges who visit each prison and ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government takes step forward on counter terrorism laws
    The Government has introduced the Counter-Terrorism Legislation Bill, designed to boost New Zealand's ability to respond to a wider range of terrorist activities. The Bill strengthens New Zealand’s counter-terrorism legislation and ensures that the right legislative tools are available to intervene early and prevent harm. “This is the Government’s first ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Carbon neutral government a step closer
    Coal boiler replacements at a further ten schools, saving an estimated 7,000 tonnes of carbon dioxide over the next ten years Fossil fuel boiler replacements at Southern Institute of Technology and Taranaki DHB, saving nearly 14,000 tonnes of carbon dioxide over the next ten years Projects to achieve a total ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Appointment of Chief Parliamentary Counsel
    Attorney-General David Parker today announced the appointment of Cassie Nicholson as Chief Parliamentary Counsel for a term of five years. The Chief Parliamentary Counsel is the principal advisor and Chief Executive of the Parliamentary Counsel Office (PCO).  She is responsible for ensuring PCO, which drafts most of New Zealand’s legislation, provides ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Emissions report shows urgent action needed
    Every part of Government will need to take urgent action to bring down emissions, the Minister for Climate Change, James Shaw said today in response to the recent rise in New Zealand’s greenhouse emissions. The latest annual inventory of New Zealand’s greenhouse gas emissions shows that both gross and net ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • NZ becomes first in world for climate reporting
    Commerce and Consumer Affairs Minister David Clark says Aotearoa New Zealand has become the first country in the world to introduce a law that requires the financial sector to disclose the impacts of climate change on their business and explain how they will manage climate-related risks and opportunities. The Financial ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Awards celebrate the food and fibre sector employer excellence
    Exceptional employment practices in the primary industries have been celebrated at the Good Employer Awards, held this evening at Parliament. “Tonight’s awards provided the opportunity to celebrate and thank those employers in the food and fibres sector who have gone beyond business-as-usual in creating productive, safe, supportive, and healthy work ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Tourism Infrastructure Fund now open
    Applications are now invited from all councils for a slice of government funding aimed at improving tourism infrastructure, especially in areas under pressure given the size of their rating bases. Tourism Minister Stuart Nash has already signalled that five South Island regions will be given priority to reflect that jobs ...
    BeehiveBy beehive.govt.nz
    1 week ago