web analytics

None so blind

Written By: - Date published: 12:01 pm, July 17th, 2009 - 19 comments
Categories: economy - Tags:

I read Reserve Bank Governor Alan Bollard’s speech on Tuesday with great interest. It’s an informative, if very mainstream review of the recession thus far and the outlook. He points out “The international financial crisis actually played little role in the early part of New Zealand’s economic recession. Rather, it was drought, falling house prices and high petrol prices that dragged New Zealand GDP growth negative over the first three quarters of 2008”.

Bollard says we have avoided another Great Depression. That’s thanks to the proactive and coordinated response from the major economies, who were willing to spend the money when it was needed to avoid a downward spiral getting out of control (NZ has been a free-rider on this). Bollard, like the banks, sees growth resuming in the fourth quarter of this year but says it will be weak. Things will get better as long as we avoid another housing bubble (which I think we will do because the demographics underlying the bubbles here and overseas have changed).

OK. That all sounds reassuring. Key has been jump on the ‘no worries folks, problem solved’ bandwagon. The problem is, it’s the view through rose-tinted glasses:

  • – no mention that the number of jobs will continue to fall
  • – no mention of swine flu, which the Reserve Bank says will cost 0.6% of GDP this year
  • – no mention of falling dairy prices
  • – no mention of the rising dollar
  • – no mention of the risk of another oil spike, as predicted by the IEA
  • – no mention that the baby-boomers start retiring next year. The boomers were behind the housing bubble, when they look to cash up it could result in a much deeper price crash, hurting the construction industry
  • – no mention that Treasury predicts total workers’ remuneration, the main determinent of consumer demand, will fall for the next two years and not be back to current levels by 2013. Funny thing, a recovery where employment and ordinary Kiwi families’ incomes keep falling. Wonder whose getting the growth?
  • – no apparent concern that the financial/housing mess in the US has still not fully unwound and there may bemore shocks to come

Will we have weak growth in the December Quarter this year? Probably. Recession technically over? Yes, for now. We all live happily ever after? No, I’m afraid not.

The risk is that in this very premptive euphoria that the recession is over (we won’t know until next March for sure) we will lose the will to deal with the fundamental economic problems we face.

alex

19 comments on “None so blind ”

  1. Bright Red 1

    It’s kind of funny to think that it takes so long to confirm that a recession is over but I guess you have to have a quarter of positive growth, and that growth has to be reported, and it take nearly four months for a quarter’s GDP to be reported

    so, like you say, even if there’s growth in the December quarter (I don’t see it somehow, not while so many people are losing their jobs still) and that means the recession is over, we won’t know until the end of March 2010.

  2. randal 2

    its all a question of mind over matter.
    they dont mind and we dont matter.
    easy.
    problem solved.
    now how a bout a nice little war?

  3. So Bored 3

    Few more not mentioned:
    * international oil price volatility if industrial demand picks up. that will wreck any recovery.
    * massive debt from bail outs could become highly inflationary.
    * toxic loans from last bubble sucking the life out of any recovery..

    I could go on, but on your point of None So Blind have to agree, myopia rules.

  4. Ianmac 4

    Thanks Marty. But do those risks mean that Key/Bollard are not being truthful, or that they are just bound to talk up the optimism to forstall a business bail-out? Who do we little people believe?

  5. Tom Semmens 5

    It all begs the question, who does Bollard think the economy is for? If unemployment is climbing and wages and conditions are suffering, can you EVER say you are “recovering” from the recession?

    • So Bored 5.1

      Like Randall says, they dont mind and we dont matter. Apart from that all you need to know is that the economy belongs to those who own everything that makes / attracts money (and by implication own you and I). Economists are their high priests, their role is to justify and spread the faith (so we dont challenge it)…..

      • Zaphod Beeblebrox 5.1.1

        Sounds like the Roman Catholic Church in the middle ages. The Priests pass down edicts from God about how we are to live and the get the authorities to pass laws accordingly. This is all of course for our benefit. If we complain, we are told that it is all inevitable.
        Miraculously those handling down the rules seem to always profit.

        • stormspiral 5.1.1.1

          An alternative description is feudalism.

        • BLiP 5.1.1.2

          Good point – previously I had thought of scientists as the new preisthood but, you’re right, the bankers are now the messengers of God. Makes me sick.

          • stormspiral 5.1.1.2.1

            Who funds the scientists? There’s a lot of bad science out there, including econometrics and the so-called ‘models’, which seem to me to be examples of outdated and poor maths.

  6. George.com 6

    Some people I spoke with yesterday were thrilled to be told by Misters Key & Bollard that the recession was nearly over. They didn’t believe it at first, but were happy to know the current misery in the real economy was simply a figment of their imagination. I wonder what cloud Key bounced on to to find this ‘good news’. I remain far less optimistic that all will soon be over.

  7. stormspiral 7

    It will never be over for too many people in our society. The philosphy is totally wrong. Why do we take note of discreted so-called ‘ratings agencies’? They are part of the problem.

    …not that it’s easy to ignore even the most ridiculous gnomes, but we do have to start looking at the philosiphical underpinnings of the present version of the capatilist system. When does an ideology become a religion?

    And at the very least we MUST reduce that tragic and increasing gap between rich and poor, knowing as we do that unemployment is a personal tragedy for ALL people who have become jobless–not just the middle classes.

    Case in point. NatRad’s Jim Mora said yesterday that the middle classes who are made redundant for the first time, suffer MORE than people who have been in and out of employment, as they’ve had plenty of practice, so it doesn’t hurt them as hard as middleclass unemployiod people–effectively placing the sick, the disabled, single parents, young people, the unskilled and others in a category of their own ie worth less than him and his likeminded mates. This is the result of people demeaning these people (yes they are people) over a long long time.

    And while we’re at it, even when we had ‘full employment’ before the crash, there were still approx 5% of the workforce who were unemployed. They are the poorest of all, and they receive the worst hammering, while Key and Co, and Goff and Co, and some minor parties, spout on about ‘improvements’. Maybe they are real improvements, but my point is that they will not reach those in our country who can’t cope now, let alone when the big stick comes down on them once again.

    And finally, what’s this about ‘the lower paid; the lower socialogical classes?’

    The unpalatability of referring to people as ‘poor’ rather than using a lot of euphemisms is a disservice to the poor. and to everyone else. because it implies two things:

    1) The poor are ‘lower’ in the minds of the speakers. (they must be because theyre not like us)

    2) It’s not happening to me, and I’m ok, so everything must be ok, but let’s jail them anyway.

    …for people who are out of work it never does get easier; it seeps into the mind an soul of each unemployed person

    • Draco T Bastard 7.1

      When does an ideology become a religion?

      When the basic assumptions of that religion are provably wrong but the practitioners still blindly follow them. Yes, this does seem to be true of neo-liberal economics and capitalism.

      • So Bored 7.1.1

        To be fair Draco, the same could be said about the big “isms” of the last century (Communism, Fascism etc). The problem is faith as opposed to informed scepticism and doubt.

        That said, get into those unthinking neo lib b*****ds.

  8. BLiP 8

    Thoughtful comment, Spiral, thanks.

    The failure of current economic thinking with its concomitant reduction of society down to the status of a business is criminal. It seems a real shame to me that at a time of economic depression New Zealand has decided to put its future (for the time being) into the grubby hands of a money changer. There are, however, “green shoots” for solace in that the leading economic thinkers have realised the harm they have caused and are taking steps to reshape their models. I note:

    In the last of his Lionel Robbins lectures at the LSE on June 10th, Mr Krugman feared that most macroeconomics of the past 30 years was “spectacularly useless at best, and positively harmful at worst’.

    . . . and this from The Economist! Fingers crossed the fuckers learn their lesson.

    • stormspiral 8.1

      Yes, and others are also stirring

      See also The BBC Reith Lectures 2009, given by Michael Sandel at various top universities around the world. Listen especially to number 4 in which he ‘considers the expansion and moral limits of markets’.

      http://www.bbc.co.uk/programmes/b00729d9

      I think there’s going to be a bit of a fight. It reminds me somewhat of the fights that were going on many many years ago when I was a very junior reporter on The Standard newspaper. That wheel really does need to be reinvented..

      • BLiP 8.1.1

        Excellent link! Again, my thanks.

        Have you come across the “Rolling Stone” piece about Goldman Sachs? It’s the best primer about the current depression I’ve read and provides an indication of the sorts of forces rallied against implementing the changes that have to be made. Its going to be a real struggle.

  9. SPC 9

    The recession occured because of the high OCR pushing up mortgage costs (also raising the dollar to diminish exporter income). It was created by the RB to end the housing bubble – which could have been prevented from occuring in the first place and should have been countered better by a more selective response (requiring larger deposits for those investing in existing property to rent it out and also placing a surcharge on such mortgages).

    I doubt that baby boomers caused this asset bubble anymore than other investors with access to cheap finance or that they will cause any property value decline later either. Boomers will live into their 80’s and stay in their family homes – thus occupying so much of this sort of property that any upsurge in migration will soon cause housing shortages.

    The trick will be how to realise new property building while diminshing speculation in existing property assets.

    PS While boomers may divest themselves of their rental property, under current policy settings others investors will buy them up.

  10. SPC 10

    Ways of encouraging new rental home building include exempting them from any capital gains tax applying on rental property – and not applying any of the restraints that could be imposed on existing property for rent (such as minimum deposit criteria and surcharge on such mortgages).

Recent Comments

Recent Posts

  • United Nations General Assembly: 76th General Debate Statement
    E ngā Mana, e ngā Reo, Rau Rangatira mā o tēnei Whare Nui o te Ao Prestigious people, Speakers of note, Chiefs one and all of this General Assembly Ngā mihi mahana ki o koutou katoa, mai i toku Whenua o Aotearoa Warm greetings to you all from my home ...
    BeehiveBy beehive.govt.nz
    20 hours ago
  • APEC 2021 Women and the Economy Forum prioritises women’s economic empowerment
    Minister for Women Jan Tinetti today chaired the virtual APEC 2021 Women and the Economy Forum, which is working to address outstanding issues for women and girls across the region as it recovers from the COVID-19 pandemic. The forum brought together Ministers and representatives from 21 economies to discuss gender ...
    BeehiveBy beehive.govt.nz
    21 hours ago
  • Upper Hauraki to move to Alert Level 2
    Upper Hauraki will move to Alert Level 2 from 11:59pm tomorrow, 25 September, COVID-19 Response Minister Chris Hipkins confirmed today. After positive cases were detected in the Upper Hauraki area on Sunday, extra Alert Level restrictions were put in place to immediately prevent any wider transmission of the virus.  “We’ve ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Report into Aotearoa New Zealand’s export controls system released
    Foreign Affairs Minister Nanaia Mahuta today welcomed the findings of an independent review into Aotearoa New Zealand’s export controls system, which regulates the export of goods to foreign militaries, police forces or paramilitaries. Produced by David Smol, a former Chief Executive of the Ministry of Business, Innovation and Employment, the ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • New District Court Judge appointed
    Attorney-General David Parker has announced the appointment of Brett Crowley of Wellington as a District Court Judge.  He is currently the Wellington Public Defender and started his career as a staff solicitor working in a range of litigation including criminal defence work. He went to the bar in 1999 specialising ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Mental health stocktake shows strong progress
    The first report of the Government’s Implementation Unit has found strong progress has been made since the Mental Health and Addictions Package was announced in 2019. “The report notes most initiatives funded in the Budget 2019 package are on track to deliver what is expected by 2023/24,” Grant Robertson said. ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Working together to grow the West Coast
    A project that has been crucial in allowing businesses to continue during the tourism downturn is among a number of initiatives to receive a boost from the Government’s Jobs For Nature programme, Conservation Minister Kiri Allan says. Sustaining South Westland is an extension of an initiative set up last year ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Next steps to improve safety in wake of Whakaari White Island tragedy
    The Government is moving to improve safety in light of the Whakaari White Island tragedy and has released proposals to reinforce safety standards in registered adventure activities. The package of proposals includes: Strengthening requirements for how operators, landowners and the regulator manage natural hazard risks Improving how risks are monitored, ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • New Zealand donates more COVID-19 vaccines to COVAX and the Pacific
    Foreign Affairs Minister Hon Nanaia Mahuta and Associate Health Minister Aupito William Sio announced today that New Zealand is donating additional Pfizer vaccines to the Pacific and AstraZeneca vaccines to the COVAX Facility, to support equitable access to COVID-19 vaccines. “New Zealand is donating 708,000 doses of the AstraZeneca COVID-19 vaccine ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Speech to the Property Council of New Zealand
    Kia ora koutou katoa   Is it a pleasure to be able to speak with you today, and to be able to answer some questions you may have. I would like to acknowledge the organisers of this event, the Property Council. The theme of this year’s conference is City Shapers. Together ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Additional MIQ for Christchurch
    An additional hotel will be added to our network of managed isolation and quarantine facilities, COVID-19 Response Minister Chris Hipkins said today. “I have approved and Cabinet is in the final stages of signing off The Quality Hotel Elms in Christchurch as a new managed isolation facility,” Chris Hipkins said. ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • NZ COVID-19 response earns another major digital investment
    Minister for the Digital Economy and Communications Dr David Clark welcomes Amazon’s Web Services’ (AWS) decision to establish a Cloud Region on New Zealand shores, further boosting New Zealand’s growing digital sector, and providing a vote of confidence in the direction of New Zealand’s economic recovery. “Amazon is the second ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • New Zealand invests in cutting edge cancer R&D
    Scaling up the manufacture of CAR T-cell cancer therapy for clinical trials Advancing New Zealand’s biomedical manufacturing capability Supporting future international scientific collaborations Transforming cancer care with targeted, affordable solutions Research, Science and Innovation Minister Hon Dr Megan Woods has announced that the fight against COVID-19 will not stop the ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Expert group appointed to lead New Zealand’s future health system
    An outstanding group of people with extensive and wide-ranging governance and health experience have been appointed to lead the Māori Health Authority and Health New Zealand, Health Minister Andrew Little says. “This Government is building a truly national health system to provide consistent, high-quality health services right across the country. This ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Funding to help clean up contaminated sites
    The Government is supporting the clean-up of contaminated sites in Northland, Dunedin and Southland to reduce risk to people’s health and protect the environment. Environment Minister David Parker said the funding announced today, through the Contaminated Sites Remediation Fund, will help us turn previously hazardous sites into safe, usable public ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Predator Free apprenticeships open up new job opportunities
    The expansion of a predator free apprenticeship programme is an opportunity for more people to kick-start a conservation career, Conservation Minister Kiri Allan says. “The Predator Free Apprenticeship Programme is focused on increasing the number of skilled predator control operators in New Zealand through a two-year training programme. “The Trust ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Further NCEA support confirmed for Auckland students
    The number of Learning Recognition Credits for senior secondary school students will be increased for Auckland students, Education Minister Chris Hipkins confirmed today. This recognises the extended time these students will spend in Alert Levels 3 and 4. “It means students in Auckland will have a fair opportunity to attain ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Long-term pathway next step to better mental wellbeing for New Zealanders
    The Government is taking a new approach to support people who experience mental distress, Health Minister Andrew Little says. “Kia Manawanui Aotearoa – Long-term pathway to mental wellbeing (Kia Manawanui) is the first 10-year plan of its kind that targets the cause of mental distress and also sets out how ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Keeping our Police safe to keep our communities safe
    The Government is committed to keeping our frontline police officers safe, so they in turn can keep New Zealanders safe – with one of the largest investments in frontline safety announced by Police Minister Poto Williams at the Police College today.   The $45 million investment includes $15.496 million in ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Clean Vehicles Bill passes first checkpoint
    The Land Transport (Clean Vehicles) Amendment Bill will help New Zealand drive down transport emissions by cleaning up the light vehicle fleet, Transport Minister Michael Wood says. The Bill passed its first reading today and will establish the legislative framework for key parts of the Government’s Clean Car Package, including ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Funding boost supports ongoing Māori COVID-19 response
    The Government is responding to the need by whānau Māori and Māori Health providers to support their ongoing work responding to COVID-19 and to continue increasing rates of Māori vaccination, Associate Minister for Health (Māori Health), Peeni Henare and Minister for Māori Development Willie Jackson announced today.   This increased ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Significant increase to COVID-19 penalties
    Penalties for breaches of COVID-19 orders are set to significantly increase from early November 2021 to better reflect the seriousness of any behaviour that threatens New Zealand’s response to the virus, COVID-19 Response Minister Chris Hipkins said today. “Throughout this Delta outbreak we’ve seen the overwhelming majority of people doing ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Counter-Terrorism Legislation Bill returns to Parliament
    The Counter-Terrorism Legislation Bill has returned to Parliament for its second reading in an important step towards giving enforcement agencies greater power to protect New Zealanders from terrorist activity. “The Bill addresses longstanding gaps in our counter terrorism legislation that seek to protect New Zealanders and make us safer,” Justice ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Joint Statement: New Zealand and Australian Trade Ministers
    Hon Damien O'Connor MP, New Zealand Minister for Trade and Export Growth, and Hon Dan Tehan MP, Australian Minister for Trade, Tourism and Investment, met virtually on Monday 20 September to advance trans-Tasman cooperation under the Australia-New Zealand Closer Economic Relations Trade Agreement (CER). CER is one of the most ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Prime Minister’s Post Cabinet Press Conference/COVID-19 Update opening statement
    ***Please check against delivery***   E te tī, e te tā, nau mai rā [To all, I bid you welcome]   As you will have seen earlier, today there are 22 new community cases to report; three of which are in Whakatiwai in the Hauraki area, and the remainder in ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Major milestones for Māori COVID-19 vaccine rollout as new campaign launches
    Whānau Ora and Associate Health (Māori Health) Minister Peeni Henare acknowledges two major milestones in the rollout of the COVID-19 vaccination programme for Māori. “I am very pleased to announce more than 50 percent of eligible Māori have received their first dose and 25 per cent are now fully vaccinated,” ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Government funding to fight infectious diseases
    $36 million for research into Covid-19 and other infectious diseases The investment will improve our readiness for future pandemics Research will focus on prevention, control, and management of infectious diseases The Government’s investing in a new Infectious Diseases Research Platform to boost Aotearoa New Zealand’s Covid-19 response and preparedness for ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Quarantine-free travel with Australia to remain suspended for a further 8 weeks
    Suspension to be reviewed again mid to late November Decision brought forward to enable access from Australia to first tranche of around 3000 rooms in MIQ Air New Zealand working at pace to put on more flights from Australia from October    The suspension of quarantine-free travel (QFT) with Australia has ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Extra support for Ethnic Communities to share vaccination information
    Extra support is being made available to Ethnic Communities to help them share COVID-19 vaccination information within their communities, Minister for Diversity, Inclusion and Ethnic Communities Priyanca Radhakrishnan said. “We know we need to get every eligible person in New Zealand vaccinated. A fund being launched today will allow for ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • School holidays remain unchanged for Auckland region
    School holidays in Auckland will continue to be held at the same time as the rest of the country, starting from Saturday, 2 October, Education Minister Chris Hipkins said today. “I’ve carefully considered advice on the implications of shifting the dates and concluded that on balance, maintaining the status quo ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government continues crackdown on gangs and organised crime
    Operation Tauwhiro extended until March 2022 Since it was launched in February, Operation Tauwhiro has resulted in:   987 firearms seized $4.99 million in cash seized 865 people charged with a firearms-related offence Gangs and organised crime groups will continue to be relentlessly targeted with the extension of Police’s successful ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Speech to Body Positive 'HIV Treatments Update Seminar 2021'
    E ngā mana E ngā reo E ngā iwi Tēnā koutou katoa Ka huri ki ngā mana whenua o te rohe nei. Tēnā koutou. He mihi hoki ki a tatou kua tau mai nei I raro I te kaupapa o te rā. Nō reira tēnā koutou katoa Acknowledgements It’s a ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Power bill changes bring fairness to charges
    A key recommendation of an independent panel to make electricity charges fairer across all households will be put in place, the Energy and Resources Minister Megan Woods has announced. “Phasing out the regulations on ‘low-use’ electricity plans will create a fairer playing field for all New Zealanders and encourage a ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • NZ economy’s strong momentum will support rebound from Delta outbreak; COVID fund replenished
    The economy showed strong momentum in the period leading up to the recent Delta COVID-19 outbreak, which bodes well for a solid economic rebound, Grant Robertson said. GDP rose 2.8 percent in the June quarter, following on from a 1.4 percent increase in the previous March quarter. This was a ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Projects create benefits into the future
    Making a well-known lake swimmable and helping to halt the decline of the endangered hoiho/yellow-eyed penguins are among a suite of new projects being supported by the Government’s Jobs for Nature programme across the southern South Island, Conservation Minister Kiri Allan says. “It’s no secret that many of our most ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Opening statement for Whāriki Indigenous Small Business Roundtable
      Kei ngā tōpito e wha o te āo e rere ana te mihi maioha ki a koutou nō tawhiti, nō tata mai e tāpiri ana ki tēnei taumata kōrero mo te ao hokohoko arā mā ngā pākihi mo ngā iwi taketake Tēnā koutou, tēnā koutou katoa – Pai Mārire.  ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • New members appointed to Kāpuia
    The Government is adding four additional members to Kāpuia, the Ministerial Advisory Group on the Government’s Response to the Royal Commission of Inquiry into the terrorist attack on Christchurch mosques. “I’m looking forward to having Pamela MacNeill, Huia Bramley, Melani Anae and Katherine Dedo  join Kāpuia and contribute to this group’s ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Timeline confirmed for Emissions Reductions Plan
    Cabinet has agreed to begin consulting on the Emissions Reduction Plan in early October and require that the final plan be released by the end of May next year in line with the 2022 Budget, the Minister of Climate Change, James Shaw confirmed today. “Cabinet’s decision allows organisations and communities ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Pay parity pathway for early learning teachers confirmed
    Pay parity conditions and higher funding rates for education and care services will come into force on 1 January, 2022, Minister of Education Chris Hipkins confirmed today. The Government signalled this work in Budget 2021. “From 1 January, 2022, centres opting into the scheme will receive government funding and be ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Speech to the New Zealand Nurses Organisation Conference 2021
    Kia Ora tatau katoa.   Ka tuku mihi ki nga nēhi, He pou Hauora o Aotearoa, E ora ai tatou.   Whakatau mai  I runga i te kaupapa o te ra Te NZNO conference.   Tena koutou tena koutou Tena tatou katoa   Good morning, and thank you inviting me ...
    BeehiveBy beehive.govt.nz
    2 weeks ago