Nats: economically illiterate

Written By: - Date published: 10:50 am, April 15th, 2010 - 22 comments
Categories: Economy, jobs, tax - Tags: ,

I thought the Nats were meant to be good with money. You know, they’re all ex-currency traders and Treasury officials, and one of the reasons people went over to National at the last election was the promise that National would deliver a ‘brighter future’ via a better economy (and tax cuts!).

But how economically illiterate do they have to be to send the NIWA research vessel Tangaroa to Singapore for a $20 million refit when VT Fitzroy at Devonport was ready and willing to do the work here?

Wayne Mapp’s excuse is that the Singaporean bid was several million lower than the VT Fitzroy bid.

Oh dear. Did the Nats really only consider the headline figure on the bids?

What about the corporate tax, GST, and income tax that would have flowed to the government if it had kept the work in New Zealand? What about the lower benefit payments by creating more work here?

And that’s just the first round of gains for the government. Then, you’ve got the multiplier effect of the workers spending their wages and creating more jobs for taxpaying workers.

The fiscal result for the government alone would surely be much better if they had kept the work in New Zealand. And that’s before we consider the wider gains for the country’s economy and society of keeping the work here.

On top of all that, the reality is that when you contract overseas you often get less reliable service. Just ask the Safe Air workers. They had been due to undertake refurbishment of the Air Force’s Hercules aircraft but the aircraft are stuck in upgrade work in Canada after the foreign contractor announced an indefinite suspension to the work in December. Result: 100 jobs lost in New Zealand.

But it looks like these supposed financial wizzs didn’t even consider any of that.

22 comments on “Nats: economically illiterate ”

  1. nzfp 1

    Well there’s the problem Marty “But it looks like these supposed financial wizzs didn’t even consider any of that.” Finance and Economics – while related – are not the same thing.

    • Bright Red 1.1

      so, you’re saying that the National government is totally ignorant of economics and that’s OK?

      • nzfp 1.1.1

        Not at all, I’m making a humours remark.

        However, while on the topic of Nationals economic and fiscal policies, when electing a government it is worth noting the financial interests of the key players within the government. For example, Bill English’s Trust/Rent/Tax Payer rip-off debacle where Bill English was invoicing the tax payer for rent paid for his rent of a house in Wellington which turned out to be owned by a trust controlled by him and his family – essentially he was charging the public to rent a house from himself – highlighted the fact that the English family – through various trusts and other financial vehicles – owns property around New Zealand. Consequently it is safe to assume that English would not advocate a imposition land tax in conjunction with the aboltition of income tax to create a tax revenue zero sum gain.

        A land tax would reduce the cost of housing to New Zealanders while providing a tax windfall to the government, while the abolition of income tax would reduce the cost of labour with the knock on effect of reducing the CPI by reducing the cost of products manufactured in New Zealand. However, a land tax would also reduce the profits of the landed gentry – like the English family – and would certainly reduce the profits of the banks and bankers like English and Key and all their mates. However a land tax – as demonstrated in the 1800s by the most influential of the classical economists David Ricardo, not to mention Adam smith, John Stuart Mills and Karl Marx – cannot be passed on to renters. This is because classical economic theory has proven that the tax on land is taken out of the interest paid to banks and not the rent – which is dictated by the market.

        So no I’m not saying National is ignorant of economics at all – I’m saying that Nationals economic and fiscal policies are geared to their interests – where I mean Bill English, John Key and their mates specifically and absolutely NOT the interests of National voters or the wider New Zealand community.

        If you still doubt me about land tax, take a few minutes to listen to American geo-onomist (geo-economist) in an interview on the Australia radio show renegade economist on 3CR. Wendell Fitzgerald discusses the conflict that land owning MP’s and bankers face as well as the merits of land tax vs income tax and how a land tax – a tax on unearned income, a free ride – could remove the requirement for income, value added, sales or any other tax on earned income.

        Wendell Fitzgerald — “Conflict on Interest” on Renegade Economist, 3CR (Thursday, 27 August 2009)

  2. toad 2

    Marty, I suspect it was because the Free Trade Agreement with Singapore precluded the Government from considering the corporate tax, GST, and income tax take it would have received if it had kept the work in New Zealand.

  3. Jim Nald 3

    Fantastic!

    Our wise Minister Wayne Mapp is determined to ensure NZ widens the economic gap with Singapore.

    Hey Kiwis who love to travel, how about moving to Singapore for work?

    Tip to VT Fitzroy peeps:
    See you in Singapore, whoop dee doo?

    Tip for another National Govt Taskforce:
    ‘How to close the gap with Singapore?’

  4. Indiana 4

    “Wayne Mapp’s excuse is that the Singaporean bid was several million lower than the VT Fitzroy bid.”

    Why then did VTF not simply match the Singaporean bid? What can they do in Singapore that we can’t do to bid more competitively?

  5. ianmac 5

    VTZF said that their wages were about $60 per hour and they couldn’t compete with Singapore’s $30 per hour.

  6. wibblewithoutapause 6

    Has anyone got any information on salary differences between NZ and Singapore in the industry sector being discussed. I was interested to know how such an educated society like Singapore could pay almost half the salary rate of New Zealand… I went to http://www.worldsalaries.org/newzealand.shtml
    and
    http://www.worldsalaries.org/singapore.shtml

    These give salaries in USD so far as I can see… and i dont see a 2:1 ratio of salaries as was being claimed was the difference between the NZ bid and the Singaporean bid. So was the New Zealand bid padded up by the JV thinking it was a sure thing being based in NZ or was the Singaporean bid under market rates for this type of work? Or, could there be certain Singaporean government furnished tax breaks, incentives etc that allowed them to come in as the lower bidder? Ie based in a special economic zone which means their business costs may be subsidised?
    OR
    Does the NZ JV not have modern enough plant and equipment to undertake the fit out in a more effective and person-hour efficient way to beat the Singaporeans and others when it comes to such bids? Since I do not for a moment really buy the wages argument being the point of difference….

    • Realist 6.1

      The Singaporean bid was 20% less then V T Fitzroy. When service contracts are in the millions range this is a huge saving. Apart from that it was NIWA who made the decision.

      As for Singaporean wages – it is cheaper to live in Singapore for many S’porean workers who do not aspire to the luxuries expected by NZ workers. They have cheap Govt. housing, free medical, do not expect airconditioning, SUV’s, Armani suits, private health insurance and do not drink to the extent that we do and live on a cheaper and healthier diet than the West therefore living an economical and more family orientated lifestyle. And they are bloody hard workers!

      • wibblewithoutapause 6.1.1

        I would be impressed to find a kiwi company offering any benefits other than a wage.
        *Private health insurance from a kiwi employer ?- yeah right!
        *air conditioning…? – heck we should be so lucky
        *Armani suits..? Unless its a cheap imported knock off..not on my kiwi salary
        *SUVs….haha when your city is the country I don’t suppose thats a luxury of much use to your average Singaporean but then most kiwis only have them when the rest of the world is dumping its gas guzzling shitty old stock…I couldn’t afford to buy one let alone try n run one on my kiwi salary for sure!
        *Singaporeans are bloody hard workers – SO ARE KIWIS especially when they are given decent tools to work with from a company willing to invest in its infrastructure with or without government backing.

      • Jim Nald 6.1.2

        You are joking, right? Or being ironic??
        How often have you visited Singapore? And how long do you stay each time? And since when? And when was the last time you were there?
        How many friends and relatives of yours live there who you visit every few months and skype every day?
        What is the basis of your observations?
        That is a string of the stupidiest, most ignorant generalisations of Singapore and Singaporeans – totally out of sync from reality!

    • wtl 6.2

      Basically, the average wages in Singapore are cheaper than here because they exploit unskilled and semi-skilled workers from other Asian countries – paying them sh*t and having them work in appalling conditions. In my opinion, it pretty much borders on slave labour.. Pablo discusses this over an kiwipolitico, have a read if you are interested.

  7. djp 7

    If that is the case Marty then we may as well shut down all foreign trade

  8. Jim Nald 8

    The issue is how we engage in foreign trade; how we intervene, protect and develop local industries; how we ‘play’ the enabling, ambiguous, grey areas of international trade rules and laws –> for the benefit of NZ

    Some countries that started off from below us in the OECD played the foreign trade game to their strengths and advantage. And they have now overtaken us and are enjoying higher standard of living, eg Singapore and South Korea. Meanwhile, we have only read half the textbook, poorly executed half of that half, and failed miserably to cleverly follow through what we began.

    • wibblewithoutapause 8.1

      Thanks for the clarification, Jim … 😉
      We have to learn to play the game on what is really a very un-level playing field and when working to different rules for the same game….
      I do think it is wrong that the works went overseas, especially a government contract. You can bet your bottom dollar our cousins across the ditch and further afield would be more circumspect…maybe thats how they get a better lifestyle – within the rules you protect your own, keep the skills onshore and have the revenue to generate future wealth from innovation built from experience…
      SO…how can we do this, and explain it to the government as a novel (!) approach to future wealth generation that doesn’t rely on selling the family silver or screwing the third world with derivatives and currency speculation?

  9. Pablo 9

    Ianmac:

    I believe that your figures might be incorrect. SG$30/hour (roughly equivalent to NZ$ 31-32) would only apply to supervisory and managerial staff. The vast majority of those doing the labour would be foreign nationals paid far, far less.

    Realist:

    The comfy conditions you describe only apply to Singaporean citizens. Foreign workers of any sort are not, under any cicumstances, entitled to the benefits you describe, and they constitute the vast majroty of the blue collar labour force in the country (including shipyard workers). As for hard working–that may be a function of employer-biased labour laws and employer pressure under such laws rather than employee disposition. Moreover, Singaporeans do expect air conditioning. cars, maids and the like–that is the Singaporean lifestyle bought on the backs of cheap foreign labour. So your assessment of the Singaporean ethos is a bit off.

    My take on the issue is found here: http://www.kiwipolitico.com/2010/04/niwa-knobs/ (thanks wtl for mentioning it).

  10. Nick C 10

    Actually Marty you are the one who lacks economic literacy and is completely shortsighted.

    Firstly for the sake of argument lets assume you are correct that the tax/other benefits to government from doing this in New Zealand would more than cancel out the several million dollar extra they would have to spend. Unlikely but possible.

    The governments position is economically efficient when one considers the benefits of trade. Lets also say that the singapore army needs to buy new winter uniforms for troops, and they can do that for $20million in New Zealand or $25million in singapore. The NZ option is cheaper but the singapore option will overall benefit the singapore govt more when tax/other benefits are considered.

    In a world where both governments choose to buy the goods in their local country they will both be paying a higher price and the tax benefits to each government will be equal (as each country has a $25+million project). In a world where each country buys the goods in the other country, the tax benefits are no different as again each country gets one project, but the costs are much higher for both governments.

    You may be thinking; “But what if the singapore government is selfish and doesnt want to to buy our clothing, then surely all the benefits go to singapore”. This is a silly position; given that the NZ government is paying Singapore $20million in NZ money the question is; what will they then do with that money? Its worthless unless they spend it in NZ. They could sell it on the international currency exchange, but then whoever buys it is going to spend it in NZ at some point anyway.

    • Marty G 10.1

      “Firstly for the sake of argument lets assume you are correct that the tax/other benefits to government from doing this in New Zealand would more than cancel out the several million dollar extra they would have to spend. Unlikely but possible.”

      completely likely, hard to see how it wouldn’t be the case.

      “You may be thinking; “But what if the singapore government is selfish and doesnt want to to buy our clothing, then surely all the benefits go to singapore’. This is a silly position; given that the NZ government is paying Singapore $20million in NZ money the question is; what will they then do with that money? Its worthless unless they spend it in NZ. They could sell it on the international currency exchange, but then whoever buys it is going to spend it in NZ at some point anyway.”

      oh. my. god. that’s in the top five dumbest comments so far on this site. You’re saying that when NZ spends money overseas it doesn’t really go overseas because the overseas buyer has to buy something in NZ otherwise they can’t enjoy the value of their money? That’s just retarded.

      First of all, we’ll be paying in Singaporean dollars or US dollars. Secondly, you need a lesson in the money supply and I’m not going to give it to you know because its sunny and i’m going outside.

  11. Nick C 11

    Marty you’re clearly an idiot, that statement is accurate as NZ dollars are ultimatly worthless unless spent in NZ. How will the government get those Singaporean or US dollars to pay them with? They will trade them for NZ dollars, and at some point whoever buys those NZ dollars will use them to buy NZ goods, regardless of how many times they are onsold on international currency markets. So the benefits flow back to NZ at some point anyway.

    • Marty G 11.1

      nick c. you’re getting confused because you don’t understand money supply.

      think about how inherently wrong your statement must be. If it were true then every purchase anyone in NZ makes of a foreign good or service must result in a purchase of new zealand goods and service of equal value. we don’t have to worry about the current account deficit (buying too many imports and exporting too little) because it magically takes care of itself.

  12. Nick C 12

    “If it were true then every purchase anyone in NZ makes of a foreign good or service must result in a purchase of new zealand goods and service of equal value. we don’t have to worry about the current account deficit (buying too many imports and exporting too little) because it magically takes care of itself.”

    EXACTLY!!! Well put!! In the real world its more complex than that when you take into account the full balance of payments, but if you isolate the current account then that is exactly what happens.

    The logical proof of this is: why would a foreigner sell us goods (which involves them putting in hard work and us recieving the actual benefit) if they didnt want something in return from us? The thing they get in return is cash, which they can then use to buy stuff off us. Logically they must buy it off us, otherwise what is the cost to us from paying for the good (consider here that money is really just a voucher for goods)? The current account deficit merely indicates that we owe the world some net exports, which will be payed off in the future.

Recent Comments

Recent Posts

  • New Chair for Guardians of NZ Superannuation
    Company director and investor John Williamson has been appointed as the new Chair of the Guardians of New Zealand Superannuation, the Crown entity that oversees the NZ Super Fund and the Elevate NZ Venture Capital Fund, Finance Minister Nicola Willis announced today.  Mr Williamson will take up his new position ...
    BeehiveBy beehive.govt.nz
    5 hours ago
  • Northland open for business as critical works to repair SH1 Brynderwyn Hills begin
    The Government is encouraging New Zealanders to support, visit, and explore Northland, as the closure and detour of SH1 at the Bryderwyn Hills begins, and critical repair work by the NZ Transport Agency (NZTA) gets underway, Transport Minister Simeon Brown says. “Many regions across the country suffered extensive and devastating ...
    BeehiveBy beehive.govt.nz
    6 hours ago
  • Government backs police to crackdown on gangs
    The coalition Government is restoring law and order by providing police new tools to crack down on criminal gangs, says Justice Minister Paul Goldsmith and Police Minister Mark Mitchell.  “Over the last five years gangs have recruited more than 3000 members, a 51 per cent increase. At the same time, ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Northland’s new Kāeo Bridge officially open
    Transport Minister Simeon Brown has welcomed the official opening of the new State Highway 10 (SH10) Kāeo Bridge, which will improve safety and traffic flow for people heading to and from the Far North. “This is an important piece of infrastructure for the Northland region that will help members of ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Government grants $6.6 million to clean up old landfill sites
    The Government has granted $6.6 million to clean up four historic New Zealand landfill and dump sites vulnerable to extreme weather events and coastal erosion. At the BlueGreens Forum in Paihia today Environment Minister Penny Simmonds said that the Contaminated Sites Remediation Fund grants will go towards fixing former landfills ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Dry weather triggers extra support for farmers and growers across the top of the South Island
    The coalition Government is providing support for farmers and growers as dry conditions worsen across the top of the South Island. “Conditions on the ground across the Marlborough, Tasman, and Nelson districts are now extremely dry and likely to get worse in the coming months,” Agriculture Minister Todd McClay said. ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Trade Minister heads to Abu Dhabi for key WTO negotiations
    Trade Minister Todd McClay travels to Abu Dhabi in the United Arab Emirates for the 13th Ministerial Conference of the World Trade Organisation (WTO) today, to take up his role as Vice Chair of the negotiations. The Ministerial Conference is the highest decision-making body within the WTO and meets every ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Appointment round for King’s Counsel announced
    Attorney-General Judith Collins today announced an appointment round for King’s Counsel will take place in 2024. Appointments of King’s Counsel are made by the Governor-General on the recommendation of the Attorney-General and with the concurrence of the Chief Justice. The Governor-General retains the discretion to appoint King’s Counsel in recognition ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Retiring Chief of Navy thanked for his service
    Defence Minister Judith Collins has thanked the Chief of Navy, Rear Admiral David Proctor, for his service as he retires from the Royal New Zealand Navy after 37 years. Rear Admiral Proctor will retire on 16 May to take up an employment opportunity in Australia.  “I would like to thank ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Indonesian Vice President to visit New Zealand
    Indonesia’s Vice President Ma’ruf Amin will visit New Zealand next week, the first here by an Indonesian leader since 2018, Deputy Prime Minister Winston Peters has announced. “New Zealand and Indonesia have a strong partnership,” Mr Peters says.  “The Vice President’s visit is an opportunity to discuss how we can strengthen ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Government boost to fight against caulerpa
    The battle to contain the fast-spreading exotic caulerpa seaweed has today received a $5 million boost to accelerate the development of removal techniques, says Biosecurity Minister Andrew Hoggard.  “The time is now to really lean in and build on the work of Biosecurity New Zealand, mana whenua, communities and local ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Minister attending Australian data, digital meeting
    Minister for Digitising Government Judith Collins is in Sydney to attend the first Data and Digital Ministers’ Meeting of 2024.  “This is a great opportunity to connect with our Australian counterparts and identify how we can work together on digital transformation,” Ms Collins says.   “Both our nations are looking into ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Appointments to Antarctica New Zealand Board
    Foreign Minister Winston Peters has appointed Leon Grice and Heather Simpson to serve on the Antarctica New Zealand board.  “Since taking office, the Coalition Government has become concerned about the direction of the Scott Base Redevelopment Project,” Mr Peters says.  “It is vital that Antarctica New Zealand has the right ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Strengthening the Single Economic Market
    Finance Minister Nicola Willis has met with Australian Treasurer Jim Chalmers to discuss the opportunities to lower business costs and increase the ease with which businesses and people can operate across the Tasman.     “I have met with Treasurer Chalmers and shared our new Government’s ambitious economic goals, our plans ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Government to address business payment practices
    The Government will repeal the Business Payment Practices Act 2023, Small Business and Manufacturing Minister Andrew Bayly announced today. “There is a major problem with large market players imposing long payment terms and routinely paying invoices late. “However, the Business Payment Practices Act is not an effective solution and would ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Greater focus on work will reduce child poverty
    Worsening child poverty rates support the Coalition Government’s focus on reducing the cost of living and getting people into work, Child Poverty Reduction Minister Louise Upston says. Figures released by Stats NZ today show child poverty rates have increased, with the rising cost of living, driven by inflation, making it ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • NZ announces new support for Ukraine
    Foreign Minister Winston Peters and Defence Minister Judith Collins have marked two years since Russia’s invasion of Ukraine by announcing further support and sanctions, and extending our military assistance. “Russia launched its illegal, full-scale invasion of Ukraine, in blatant violation of international law, including the UN Charter,” Mr Peters says. ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Finance Minister to meet Australian Treasurer
    Finance Minister Nicola Willis will travel to Australia today to meet her Australian counterpart, Treasurer Jim Chalmers.    “New Zealand and Australia have an incredibly strong trade and investment relationship. The Closer Economic Relations and Single Economic Market are powerful engines for growth on both sides of the Tasman.     “I will ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • PM shocked and saddened at death of Efeso Collins
    “I am truly shocked and saddened at the news of Efeso Collins’ sudden death,” Prime Minister Christopher Luxon says. “Efeso was a good man, always friendly and kind, and a true champion and advocate for his Samoan and South Auckland communities. “Our thoughts and deepest sympathies go to his family, ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Greater support for social workers
    The Coalition Government is enhancing the professionalism of the social work sector and supporting the vulnerable people who rely on them, Social Development and Employment Minister Louise Upston says.  The Social Workers Registration Legislation Amendment Bill passed its third reading in Parliament today. It amends the Social Workers Registration Legislation ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Government delivers greater freedom and choice for sick New Zealanders
    The coalition government is delivering on its commitment to making principled decisions by getting rid of red tape that doesn’t make sense and allowing sick New Zealanders greater freedom and choice to purchase effective cold and flu medicines. A bill amending the Misuse of Drugs Act 1975 is being introduced, and changes to the Medicines ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Government begins reset of welfare system
    The Coalition Government is taking early action to curb the surge in welfare dependency that occurred under the previous government by setting out its expectations around employment and the use of benefit sanctions, Social Development and Employment Minister Louise Upston says. In 2017, 60,588 sanctions were applied to beneficiaries who ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • State of the Nation
    Ka nui te mihi kia koutou. Kia ora, good morning, talofa, malo e lelei, bula vinaka, da jia hao, namaste, sat sri akal, assalamu alaikum. Thank you for coming to my first State of the Nation as Prime Minister. Thank you for coming to a speech where I don’t just ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • West Coast tourism attractions officially open
    Regional Development Minister Shane Jones will attend the official opening of two highly anticipated tourism projects on the West Coast today – Pike29 Memorial Track, dedicated to the memory of the Pike River miners, and Pounamu Pathway. “The Pike29 Memorial Track is a way to remember and honour the men ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Independent ferry service advisory group in place
    Appointments to the Ministerial Advisory Group tasked with providing independent advice and assurance on the future of KiwiRail’s inter-island ferry service have been made, State Owned Enterprises Minister Paul Goldsmith says. “It’s important for New Zealand that KiwiRail is focused on ensuring safe, resilient, and reliable ferry services over the ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Joint statement from the Prime Ministers of Australia, Canada, and New Zealand
    The Prime Ministers of Australia, Canada and New Zealand today issued the following statement on reports of Israel’s planned military operation in Rafah. We are gravely concerned by indications that Israel is planning a ground offensive into Rafah.   A military operation into Rafah would be catastrophic. About 1.5 million Palestinians ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Govt will deliver on expanded breast screening
    The coalition Government has made the first steps in delivering on its promise to  extend free breast screening to women aged 70-74, Health Minister Shane Reti says. “As part of the 100 day plan, the Government has now met with officials and discussed what is needed in order for the ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Government announces woolshed roadshows in support of sheep farmers
    The Government celebrates National Lamb Day (15 February 24) and congratulates sheep farmers on the high-quality products they continue to produce. Agriculture Minister McClay hosted bipartisan celebrations of National Lamb Day with industry representatives at Parliament this week to mark the anniversary of the first frozen lamb exports that left ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Speech: Address to the NZ Economics Forum
    It’s great to be back at the New Zealand Economics Forum. I would like to acknowledge everyone here today for your expertise and contribution, especially the Pro Vice-Chancellor, Head of the Waikato Management School, economists, students and experts alike. A year has passed since I was last before you, and ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Government tackling high construction costs
    The Government is focused on reducing sky-high construction costs to make it more affordable to build a home, Building and Construction Minister Chris Penk says.  Stats NZ data shows the cost of building a house has increased by 41 per cent since 2019, making housing even more unaffordable for Kiwi ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Labour’s Three Waters legislation repealed
    The Coalition Government’s legislative plan to address longstanding issues with local water infrastructure and service delivery took an important step today, with the repeal of Labour’s divisive and unpopular Three Waters legislation, Local Government Minister Simeon Brown says. “Repealing this legislation is a necessary first step in implementing our Local ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Cost of living support for beneficiary households
    The Coalition Government is delivering on its commitment to ease the cost-of-living by increasing main benefit rates in line with inflation and ensuring the Minimum Family Tax Credit threshold remains aligned with this change, Social Development and Employment Minister Louise Upston says. The Social Security (Benefits Adjustment) and Income Tax ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Government announces agriculture delegations to better support Primary sector
    The coalition Government has announced ministerial delegations to support key areas across the Primary sector to deliver for New Zealand’s food and fibre sector, Agriculture Minister Todd McClay announced today. “I will be supported in my roles as Minister of Agriculture, Trade, Forestry and Hunting and Fishing, by three Associate ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Waikato MoU reinforces Govt’s commitment to increase NZ doctors
    The Government has taken an important step forward in addressing a critical shortage of New Zealand-trained doctors, with today’s signing of a Memorandum of Understanding for a third medical school, Minister of Health Dr Shane Reti has announced.  “Today’s signing by the Ministry of Health and the University of Waikato ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Speech – Lunar New Year 2024
    Annyeonghaseyo, greetings and welcome all. It is my pleasure as the Minister for Ethnic Communities to welcome you to the first Lunar New Year Event in Parliament. Thank you to our emcees for greeting us in the different languages that represent the many cultures that celebrate the Lunar New Year. ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • More funding to Hawke’s Bay and Tairāwhiti
    Urgent work to clean-up cyclone-affected regions will continue, thanks to a $63 million boost from the Government for sediment and debris removal in Hawke’s Bay and Tairāwhiti.                                                                                                   The funding will help local councils continue urgent work removing and disposing of sediment and debris left from Cyclone Gabrielle.   “This additional ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Budget will be delivered on 30 May
    Plans to deliver tax relief to hard-working New Zealanders, rebuild business confidence and restore the Crown’s finances to order will be unveiled on 30 May, Finance Minister Nicola Willis says. The plans will be announced in the Budget which is currently being developed by Ministers.  “The last government’s mismanagement of ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Government advances Local Water Done Well
    The Coalition Government is continuing work to restore council ownership and control of water assets by repealing Three Waters and appointing a Technical Advisory Group to provide expert advice on the implementation of Local Water Done Well, Local Government Minister Simeon Brown says. “The Government will pass a bill to ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Minister congratulates NZQA Top Scholars
    Education Minister Erica Stanford congratulates the New Zealand Scholarship recipients from 2023 announced today.  “Receiving a New Zealand Scholarship is a fantastic achievement and is a testament to the hard work and dedication the recipients have put in throughout the year,” says Ms Stanford.  “New Zealand Scholarship tests not only ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • New diplomatic appointments
    Foreign Minister Winston Peters has today announced five new diplomatic appointments.  "Strong and effective diplomacy to protect and advance our interests in the world is needed now more than ever," Mr Peters says.  “We are delighted to appoint senior diplomats from the Ministry of Foreign Affairs and Trade to these ...
    BeehiveBy beehive.govt.nz
    2 weeks ago

Page generated in The Standard by Wordpress at 2024-02-26T05:37:56+00:00