Open mike 05/06/2024

Written By: - Date published: 6:00 am, June 5th, 2024 - 31 comments
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31 comments on “Open mike 05/06/2024 ”

  1. PsyclingLeft.Always 2

    Boomers, farmers – who's doing well, despite the recession?

    Power companies ,Dairy farmers, Baby Boomers, Banks.

    banks – have also weathered the storm better than some. Banking net profits after tax held at record levels of a combined more than $7 billion in 2023, according to KPMG.

    https://www.rnz.co.nz/news/business/518662/boomers-farmers-who-s-doing-well-despite-the-recession

    They left out landlords ?

    • Maurice 2.1

      They left out landlords ?

      The landlords are all Boomers?

      • Drowsy M. Kram 2.1.1

        They left out landlords ?

        Who's doing well? Power companies, dairy farmers, boomers, Queenstown, crypto funds, banks, landLords…

        The landlords are all Boomers?

        All? Very unlikely – why do you ask?

        "Boomers are doing fine," Zollner said. "They are more likely to have term deposits and be really pleased that term deposit rates are high."

        She said while those households would also be affected by wider inflation, anyone with savings would have benefited from higher interest rates. Those with a mortgage-free home would also have avoided the rent inflation of recent years.

        "We sometimes forget about savers because they are outnumbered but not everyone loses when interest rates go up."

        https://www.rnz.co.nz/news/business/518662/boomers-farmers-who-s-doing-well-despite-the-recession

    • Descendant Of Smith 2.2

      Banks never weathered a storm at all. The reserve bank gifted them increased profits deliberately by lifting interest rates.

      They moved mine and many others real life spending from shops, and living costs to banks. I fail to understand why retailers were not upset about this. The increase in interest rates took loads and loads of money out of the retail economy.

      Same with benefit cuts – at least 50 local businesses closed in the six to eight months after the benefit cuts Ruth Richardson did. Loads of money taken out of local economies. Those on benefit spend all their money locally.

      Steven Joyce with his centralised procurement took away government income from local businesses and gave it to large (likely donor friendly) firms. Also reduced emergency resilience as hospitals etc gave up their kitchens and stopped doing meals on wheels etc. School lunches likely a repeat.

      These businesses do not get how they are shafted by neo-liberal all in the name of efficiency nonsense.

    • KJT 2.3

      As over 40% of boomers are getting to retirement without owning a house. And many more still with a mortgage on retirement, as well as having to help out kids. Including those who were "reformed" in the 80's and 90's and never managed to accumulate capital to recover since.

      It is more correct to say, "some Boomers", are doing well.

      • Descendant Of Smith 2.3.1

        Homeownership rates for older people, while they have dropped are higher than 60%.

        Stats NZ 2018 census data

        60-64 79.5%
        65-69 80.9%
        70-74 81.1%
        75-79 79.1%
        80-84 77.4%

        Some drop off in the older age group will possibly be to residential villages – in saying that I'm not sure how licence to occupy is actually counted – and to rest homes.

        “Homeownership rates for younger people have seen significant falls since the 1990s; however, ownership rates for those aged 60 years and over have only fallen slightly,” Dr Goodyear said.

        https://www.stats.govt.nz/news/homeownership-rate-lowest-in-almost-70-years

        While people are talking about the great wealth transfer from the baby boomers and in New Zealand this won't be taxed this wealth won't always be reaching the children of the baby boomers. Some have already spent hundreds of thousands of dollars on residential villages.

        In the US of course a lot will be taken up by medical costs later in life.

        It is more correct to say some boomers, particularly Maori and Pacific Island peoples have not done so well. The vast majority have with the last 30 years gains in capital values helping.

        I agree though others like my father laid off by Roger Douglas and his hatchet men did not do so well in terms of savings. His few shares from power company and insurance company that were issued as they privatised worth about $6,000 were all taken by public trust to cover their fees. My mother at least had a freehold house which was eventually sold for $140,000 which she still has in the bank having used the interest each year to supplement her NZS. Us kids will get a third each. Neither of my parents got any inheritance.

        On the other hand a friend of ours has one son who will inherit up to 10 properties depending on how many she sells between now and whenever. She has just turned 80. He's already said he has no desire to be a landlord and will sell them all.

      • PsyclingLeft.Always 2.3.2

        “Homeownership rates for younger people have seen significant falls since the 1990s; however, ownership rates for those aged 60 years and over have only fallen slightly,” Dr Goodyear said.

        “This may be because the baby boomer generation was more likely to get a foot on the property ladder earlier than young people today.”

        https://www.stats.govt.nz/news/homeownership-rate-lowest-in-almost-70-years

        And probably some boomers have become landlords…..

  2. thinker 3

    https://parliamentarycatering.nz/bellamys

    Bellamy's Restaurant menu and prices

    Find the $3 nutritious lunch.

    [TheStandard: A moderator moved this comment to Open Mike as being off topic or irrelevant in the post it was made in. Be more careful in future.]

    • Belladonna 3.1

      IIRC, Bellamy's is no longer subsidised for MPs (or anyone else for that matter).

      Gonzalez-Montero has since told RNZ the bar would remain open and the cafe's opening hours remain unchanged but the 30 percent MP subsidy at Bellamy's restaurant is no longer offered.

      https://www.rnz.co.nz/news/political/484482/parliament-food-prices-spike-after-mps-reject-3-point-5m-plea

      So I don't see why the menu is at all relevant.
      It seems entirely comparable with other high-end(ish) restaurants in price.

      • adam 3.1.1

        So I don't see why the menu is at all relevant.

        Because it's in parliament.

        It's a meme.

        It's where people know MP's eat.

        It's expensive, some might even say exclusive.

        Show up out of touch people in Wellington are.

        I could go on…

        • alwyn 3.1.1.1

          I've actually eaten there four times this year.

          I've never seen an MP there. At least not one I recognized. Everyone there appeared to be, like me, a member of the public. You have to book and give the names of all the visitors but anyone can go there

          • adam 3.1.1.1.1

            Thanks for proving the whole exclusive/out of touch wellington point.

          • bwaghorn 3.1.1.1.2

            Is it good?

            • alwyn 3.1.1.1.2.1

              It is OK but frankly it isn't worth the money. I was only there because we were entertaining Aucklanders on each occasion who wanted to see the place.

              It is run by Logan Brown but the food isn't as good as at their main restaurant. The service is good though. If you are in Wellington go to Ortega Fish Shack.

              • alwyn

                Correction. It WAS run by Logan Brown. I realised I had mistyped this just after my edit time expired.

  3. tWig 4

    Interesting longform interview by BHN with Chris Hipkins last night on their youtube channel (from 6 min on).

    Talking about Labour regrouping, election promises, etc.

  4. Anne 5

    Puerile, pathetic vindictiveness from a puerile, pathetic, vindictive government:

    https://www.rnz.co.nz/news/national/518667/terrorism-and-violent-extremism-research-funding-cut-by-two-thirds

    This research agency was set up under Andrew Little’s watch, and was a response to the Christchurch Massacre. The amount of funding it requires is peanuts compared to most government agencies but the work it undertakes is sorely needed, especially for ethnic groups who are targeted by right wing extremists.

    From the link:

    “New Zealand's reliance on skewed intelligence from offshore prior to the March 2019 attacks was starkly shown up by a Royal Commission finding that out of more than 7500 reports to spy agencies in a three-month period, not a single one was about right-wing extremism.

    Did “Christopher Luxon” precipitate this decision?

  5. Drowsy M. Kram 6

    https://www.rnz.co.nz/news/national/513461/government-funding-ends-for-15-year-long-growing-up-in-new-zealand-project

    https://newsroom.co.nz/2024/04/04/stats-nz-scraps-survey-gathering-key-child-poverty-data/

    How to get cross-party support for funding these crucial longitudinal studies? A reckon-based, ideological approach to reducing child poverty is simply poor governance, imho.

    Latest official child poverty measures: 2022/23
    (February 2024; updated 28 April)
    When I originally concluded this year’s update to the child poverty statistics on March 19th, I hoped that data collection and, therefore, research on social issues would remain protected. Quality data is the cornerstone of informed policy-making. However, only a little over a month later, we witnessed the scrapping and fund withdrawal from critical longitudinal studies, Living In Aotearoa (Walters, 2024) and Growing Up in New Zealand (Gerritsen, 2024) , that would provide critical insights into child poverty. The (financial) dismantling of these vital studies debilitates the capacity to generate evidence-based and actionable policy recommendations and assist the Government in achieving its short- and long-term goals, such as school attendance, education outcomes, child poverty reduction, and improvement to people’s overall well-being (Rashbrooke, 2024; RNZ, 2023; also see GUiNZ's research outputs to see the amount of insights that are generated from this longitudinal study).

  6. Incognito 7

    What’s good for the Government [books] is not necessarily good for the country.

    "In addition, claims for R&D (research and development) tax credits were less than expected and penalties and interest revenue were more than expected, which have both contributed to higher tax revenue."

    https://www.rnz.co.nz/news/political/518705/timely-boost-for-government-books-from-financial-markets-trust-tax-payments

    R&D in NZ is under threat and soon will need S&R to survive.

    • gsays 7.1

      In regards to the 'books'.

      It irks me, when we have poverty, children living in cars and going to school hungry, governments of all stripes, aim for and boast about achieving surplus.

      It's like a storeman being proud of a full store.

  7. Ad 8

    Still not much 538 poll average movement for Biden or against Trump after conviction.

    Biden has a mountain to climb if he's to win again.

    • Bearded Git 8.1

      Yep the conviction doesn't seem to have changed much at all on Real Clear Politics polling. Trump still holding a small 1.1% lead overall but crucially ahead in all of the battleground states. (Trump has never won the popular vote.)

      https://www.realclearpolitics.com/

  8. observer 9

    This is a serious problem for the Coalition, bubbling under but will soon come to the boil. The "fast track" legislation is unpopular, and not just with the predictable opposition. It's Muldoonism and alarm bells are ringing:

    (no need to shoot the Greenpeace messenger, you can ignore their take if you want and go straight to the poll details provided in the link)

    National Voters Concerned About Fast Track Bill | Scoop News

    • Drowsy M. Kram 9.1

      This is a serious problem for the Coalition, bubbling under but will soon come to the boil.

      yes Hope it becomes an extremely painful boil on our CoC govt's backside – they may have misjudged voter appetite for watering down environmental protections, but the economy, austerity, unemployment and the cost of living are powerful distractions.

      In 2010, the Key/National govt backed down on their proposal to mine in National Parks, and later went ahead with unpopular sales of public assets. They were re-elected for another term in 2014, increasing their parliamentary seats from 59 to 60.

      2013 New Zealand asset sales referendum
      John Key said that the Government intended to ignore the results of the referendum, as the 2011 general election gave them a mandate for the sell-off.

      The referendum took place by postal ballot, opening on 22 November 2013 and closing on 13 December 2013. 45 cent of eligible voters took part. Of those, approximately two-thirds voted against asset sales.

      Despite the result of this referendum being not in favour of partial asset sales, Prime Minister John Key announced these partial asset sales would continue.

      https://en.wikipedia.org/wiki/2013_New_Zealand_asset_sales_referendum

      How much better off would our govt's financial position, and indeed that of most Kiwis, be now, if those asset sales hadn't gone ahead? Slow learners, short memories.

      Asset sales will leave Govt and economy worse off [21 May 2012]
      “BERL have found that a programme of asset sales leaves the Government accounts permanently worse off in terms of Government debt, debt ratio, net worth, and total assets,” said Green Party Co-leader Dr Russel Norman.

      “Not only is the news bad for the Government’s books, the effect of asset sales on the wider economy is even worse.

      “BERL have found that the flow of profits to foreign buyers will result in ‘a permanent deterioration in the external deficit and the level of external debt’.

      “Even Bill English accepts that our high levels of indebtedness to overseas lenders is our number one economic vulnerability.

      “His programme of asset sales would make that worse.”

  9. Descendant Of Smith 10

    I'm picking it won't cause them any problems.

    They are following the process laid out by Roger Douglas from the Labour Party – say you are doing this for the person in the middle, pretend you have a vision of success, do lots of change all at once and do it quickly.

    His problems with Lange mainly stemmed from the fact that Lange was worried about those at the bottom. They have no-one in any of the three party coalition worried about them.

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    1 week ago
  • Review: The Worm Ouroboros, by E.R. Eddison (1922)
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  • 2024 SkS Weekly Climate Change & Global Warming News Roundup #24
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    1 week ago
  • Sunday Morning Chat
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    1 week ago
  • The Book of Henry
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    1 week ago
  • Fact Brief – Is ocean acidification from human activities enough to impact marine ecosystems?
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  • Happiness is a Warm Gun
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  • Still doing a good 20
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    1 week ago
  • Coalition of the Unwilling?
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    1 week ago
  • Of red flags and warning signs in comments on social media
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    1 week ago
  • All good, still
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    1 week ago
  • The looting is the point
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    No Right TurnBy Idiot/Savant
    1 week ago
  • The Illusion of Power: How Local Government Bureaucrats Overawe Democratically-Elected Councillors..
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    1 week ago
  • Lowlights & Bright Spots
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    1 week ago
  • Weekly Roundup 14-June-2024
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    1 week ago
  • The Hoon around the week to June 14
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    The KakaBy Bernard Hickey
    1 week ago
  • Climate policy axed in broad daylight, while taxpayer liabilities grow in the dark
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    The KakaBy Bernard Hickey
    1 week ago
  • Rage Bait!
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    David FarrierBy David Farrier
    1 week ago
  • Bernard's Dawn Chorus and pick 'n' mix for Friday, June 14
    Seymour said lower speed limits “drained the joy from life as people were forced to follow rules they knew made no sense.” File Photo: Lynn Grieveson / The KākāTL;DR: My six things to note in Aotearoa-NZ’s political economy around housing, climate and poverty on Friday, June 14 were:The National/ACT/NZ First ...
    The KakaBy Bernard Hickey
    1 week ago
  • Friendly but frank talks with China Premier
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    1 week ago
  • Skeptical Science New Research for Week #24 2024
    Open access notables Wildfire smoke impacts lake ecosystems, Farruggia et al., Global Change Biology: We introduce the concept of the lake smoke-day, or the number of days any given lake is exposed to smoke in any given fire season, and quantify the total lake smoke-day exposure in North America from 2019 ...
    2 weeks ago
  • Join us for the weekly Hoon on YouTube Live
    Photo by Mathias Elle on UnsplashIt’s that new day of the week (Thursday rather than Friday) when we have our ‘hoon’ webinar with paying subscribers to The Kākā for an hour at 5 pm.Jump on this link on YouTube Livestream for our chat about the week’s news with special guests:5.00 ...
    The KakaBy Bernard Hickey
    2 weeks ago
  • Geoffrey Miller: China’s message to New Zealand – don’t put it all at risk
    Don’t put it all at risk. That’s likely to be the take-home message for New Zealand Prime Minister Christopher Luxon in his meetings with Li Qiang, the Chinese Premier. Li’s visit to Wellington this week is the highest-ranking visit by a Chinese official since 2017. The trip down under – ...
    Democracy ProjectBy Geoffrey Miller
    2 weeks ago
  • The Real Thing
    I know the feelingIt is the real thingThe essence of the soulThe perfect momentThat golden momentI know you feel it tooI know the feelingIt is the real thingYou can't refuse the embraceNo?Sometimes we face the things we most dislike. A phobia or fear that must be confronted so it doesn’t ...
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    2 weeks ago
  • Gordon Campbell on how moderates empower the political right
    Struth, what a week. Having made sure the rural sector won’t have to pay any time soon for its pollution, PM Christopher Luxon yesterday chose Fieldays 2024 to launch a parliamentary inquiry into rural banking services, to see how the banks have been treating farmers faced with high interest rates. ...
    2 weeks ago
  • Bernard's Dawn Chorus and pick 'n' mix for Thursday, June 13
    In April, 17,656 people left Aotearoa-NZ to live overseas, averaging 588 a day, with just over half of those likely to have gone to Australia. Photo: Photo: Lynn Grieveson / The KākāTL;DR: My six things to note in Aotearoa-NZ’s political economy around housing, climate and poverty on Thursday, June 13 ...
    The KakaBy Bernard Hickey
    2 weeks ago
  • Our guide to having your say on the draft RLTP 2024
    Auckland’s draft Regional Land Transport Plan (RLTP) 2024 is open for feedback – and you only have until Monday 17 June to submit. Do it! Join the thousands of Aucklanders who are speaking up for wise strategic investment that will dig us out of traffic and give us easy and ...
    Greater AucklandBy Connor Sharp
    2 weeks ago
  • The China puzzle
    Chinese Premier Li Qiang arrives in Wellington today for a three-day visit to the country. The visit will take place amid uncertainty about the future of the New Zealand-China relationship. Li hosted a formal welcome and then lunch for then-Prime Minister Chris Hipkins in Beijing a year ago. The pair ...
    PolitikBy Richard Harman
    2 weeks ago
  • Fossil fuels are shredding our democracy
    This is a re-post of an article from the Climate Brink by Andrew Dessler published on June 3, 2024. I have an oped in the New York Times (gift link) about this. For a long time, a common refrain about the energy transition was that renewable energy needed to become ...
    2 weeks ago
  • Life at 20 kilometres an hour
    We are still in France, getting from A to B.Possibly for only another week, though; Switzerland and Germany are looming now. On we pedal, towards Budapest, at about 20 km per hour.What are are mostly doing is inhaling a country, loving its ways and its food. Rolling, talking, quietly thinking. ...
    More Than A FeildingBy David Slack
    2 weeks ago

  • Reserve Bank chair reappointed
    Professor Neil Quigley has been reappointed as Chair of the Reserve Bank of New Zealand Board for a further term of two years, until 30 June 2026.  “Professor Quigley has played a key role in establishing the new Board after the commencement of the new RBNZ Act on 1 July ...
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    4 days ago
  • School attendance increases
    School attendance data released today shows an increase in the number of students regularly attending school to 61.7 per cent in term one. This compares to 59.5 per cent in term one last year and 53.6 per cent in term four. “It is encouraging to see more children getting to ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Record investment in public transport services
    The Government has announced a record 41 per cent increase in indicative funding for public transport services and operations, and confirmed the rollout of the National Ticketing Solution (NTS) that will enable contactless debit and credit card payments starting this year in Auckland, Transport Minister Simeon Brown says.“This Government is ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • GDP data shows need to strengthen and grow the economy
    GDP figures for the March quarter reinforce the importance of restoring fiscal discipline to public spending and driving more economic growth, Finance Minister Nicola Willis says.  Data released today by Stats NZ shows GDP has risen 0.2 per cent for the quarter to March.   “While today’s data is technically in ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Women continue to make up over 50 per cent on public sector boards
    Women’s representation on public sector boards and committees has reached 50 per cent or above for the fourth consecutive year, with women holding 53.9 per cent of public sector board roles, Acting Minister for Women Louise Upston says. “This is a fantastic achievement, but the work is not done. To ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Government supporting Māori business success
    The Coalition Government is supporting Māori to boost development and the Māori economy through investment in projects that benefit the regions, Regional Development Minister Shane Jones and Māori Development Minister Tama Potaka say. “As the Regional Development Minister, I am focused on supporting Māori to succeed. The Provincial Growth Fund ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Better solutions for earthquake-prone buildings
    Building and Construction Minister Chris Penk has announced that the review into better managing the risks of earthquake-prone buildings has commenced. “The terms of reference published today demonstrate the Government’s commitment to ensuring we get the balance right between public safety and costs to building owners,” Mr Penk says.  “The Government ...
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    4 days ago
  • Prime Minister wraps up visit to Japan
    Prime Minister Christopher Luxon has just finished a successful three-day visit to Japan, where he strengthened political relationships and boosted business links. Mr Luxon’s visit culminated in a bilateral meeting with Japanese Prime Minister Kishida Fumio followed by a state dinner. “It was important for me to meet Prime Minister Kishida in person ...
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    4 days ago
  • Major business deals signed on PM’s Japan trip
    Significant business deals have been closed during the visit of Prime Minister Christopher Luxon to Japan this week, including in the areas of space, renewable energy and investment.  “Commercial deals like this demonstrate that we don’t just export high-quality agricultural products to Japan, but also our world-class technology, expertise, and ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Strategic Security speech, Tokyo
    Minasan, konnichiwa, kia ora and good afternoon everyone. Thank you for the invitation to speak to you today and thank you to our friends at the Institute for International Socio-Economic Studies and NEC for making this event possible today.  It gives me great pleasure to be here today, speaking with ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • National Infrastructure Pipeline worth over $120 billion
    The National Infrastructure Pipeline, which provides a national view of current or planned infrastructure projects, from roads, to water infrastructure, to schools, and more, has climbed above $120 billion, Infrastructure Minister Chris Bishop says. “Our Government is investing a record amount in modern infrastructure that Kiwis can rely on as ...
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    5 days ago
  • Making it easier to build infrastructure
    The Government is modernising the Public Works Act to make it easier to build infrastructure, Minister for Land Information Chris Penk announced today. An independent panel will undertake an eight-week review of the Act and advise on common sense changes to enable large scale public works to be built faster and ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • NZ enhances North Korea sanctions monitoring
    New Zealand will enhance its defence contributions to monitoring violations of sanctions against North Korea, Prime Minister Christopher Luxon announced today.  The enhancement will see the New Zealand Defence Force (NZDF) increase its contributions to North Korea sanctions monitoring, operating out of Japan. “This increase reflects the importance New Zealand ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Speech to Safeguard National Health and Safety Conference
    Good afternoon everyone. It’s great to be with you all today before we wrap up Day One of the annual Safeguard National Health and Safety Conference. Thank you to the organisers and sponsors of this conference, for the chance to talk to you about the upcoming health and safety consultation. ...
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    6 days ago
  • Ōtaki to north of Levin alliance agreements signed
    Transport Minister Simeon Brown has welcomed an important milestone for the Ōtaki to north of Levin Road of National Significance (RoNS), following the NZ Transport Agency (NZTA) signing interim alliance agreements with two design and construction teams who will develop and ultimately build the new expressway.“The Government’s priority for transport ...
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    6 days ago
  • Improvements to stopping Digital Child Exploitation
    The Department of Internal Affairs [Department] is making a significant upgrade to their Digital Child Exploitation Filtering System, which blocks access to websites known to host child sexual abuse material, says Minister of Internal Affairs Brooke van Velden.  “The Department will incorporate the up-to-date lists of websites hosting child sexual ...
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    6 days ago
  • New vaccine research aims to combat prevalent bovine disease
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    6 days ago
  • Making it easier to build granny flats
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    7 days ago
  • High Court Judge appointed
    Attorney-General Judith Collins today announced the appointment of Auckland King’s Counsel Gregory Peter Blanchard as a High Court Judge. Justice Blanchard attended the University of Auckland from 1991 to 1995, graduating with an LLB (Honours) and Bachelor of Arts (English). He was a solicitor with the firm that is now Dentons ...
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    1 week ago
  • Health workforce numbers rise
    Health Minister Dr Shane Reti says new data released today shows encouraging growth in the health workforce, with a continued increase in the numbers of doctors, nurses and midwives joining Health New Zealand. “Frontline healthcare workers are the beating heart of the healthcare system. Increasing and retaining our health workforce ...
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    1 week ago
  • Government to overhaul firearms laws
    Associate Justice Minister Nicole McKee has today announced a comprehensive programme to reform New Zealand's outdated and complicated firearms laws. “The Arms Act has been in place for over 40 years. It has been amended several times – in a piecemeal, and sometimes rushed way. This has resulted in outdated ...
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    1 week ago
  • Government delivers landmark specialist schools investment
    The coalition Government is delivering record levels of targeted investment in specialist schools so children with additional needs can thrive. As part of Budget 24, $89 million has been ringfenced to redevelop specialist facilities and increase satellite classrooms for students with high needs. This includes: $63 million in depreciation funding ...
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    1 week ago
  • Major health and safety consultation begins
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    BeehiveBy beehive.govt.nz
    1 week ago
  • Growing the potential of New Zealand’s forestry sector in partnership
    Forestry Minister Todd McClay, today announced the start of the Government’s plan to restore certainty and confidence in the forestry and wood processing sector. “This government will drive investment to unlock the industry’s economic potential for growth,” Mr McClay says. “Forestry’s success is critical to rebuilding New Zealand’s economy, boosting ...
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    1 week ago
  • Government cancels forestry ETS annual service charges for 2023-24
    Annual service charges in the forestry Emissions Trading Scheme (ETS) will be cancelled for 2023/24, Forestry Minister Todd McClay says. “The sector has told me the costs imposed on forestry owners by the previous government were excessive and unreasonable and I agree,” Mr McClay says. “They have said that there ...
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    1 week ago
  • Speech to the LGNZ Infrastructure Symposium
    Introduction Thank you for having me here today and welcome to Wellington, the home of the Hurricanes, the next Super Rugby champions. Infrastructure – the challenge This government has inherited a series of big challenges in infrastructure. I don’t need to tell an audience as smart as this one that ...
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    1 week ago
  • Government boosts Agriculture and food trade with China
    Trade and Agriculture Minister Todd McClay and Food Safety Minister Andrew Hoggard welcomed outcomes to boost agricultural and food trade between New Zealand and China. A number of documents were signed today at Government House that will improve the business environment between New Zealand and China, and help reduce barriers, including on infant formula ...
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    2 weeks ago
  • NZ and China launch Services Trade Negotiations
    Trade Minister Todd McClay, and China’s Commerce Minister Wang Wentao, today announced the official launch of Negotiations on Services Trade between the two countries.  “The Government is focused on opening doors for services exporters to grow the New Zealand’s economy,” Mr McClay says.  As part of the 2022 New Zealand-China Free Trade Agreement Upgrade ...
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    2 weeks ago
  • Prime Minister Luxon meets with Premier Li
    Prime Minister Christopher Luxon met with Chinese Premier Li Qiang at Government House in Wellington today.  “I was pleased to welcome Premier Li to Wellington for his first official visit, which marks 10 years since New Zealand and China established a Comprehensive Strategic Partnership,” Mr Luxon says. “The Premier and ...
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    2 weeks ago
  • Government and business tackling gender pay gap
    The coalition Government is taking action to reduce the gender pay gap in New Zealand through the development of a voluntary calculation tool. “Gender pay gaps have impacted women for decades, which is why we need to continue to drive change in New Zealand,” Acting Minister for Women Louise Upston ...
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    2 weeks ago
  • Funding Boost for Rural Support Trusts
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    2 weeks ago
  • Latest data shows size of public service decreasing
    Spending on contractors and consultants continues to fall and the size of the Public Service workforce has started to decrease after years of growth, according to the latest data released today by the Public Service Commission. Workforce data for the quarter from 31 December 23 to 31 March 24 shows ...
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    2 weeks ago
  • Speech to the Law Association
    Thank you to the Law Association for inviting me to speak this morning. As a former president under its previous name — the Auckland District Law Society — I take particular satisfaction in seeing this organisation, and its members, in such good heart. As Attorney-General, I am grateful for these ...
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    2 weeks ago
  • 25 years on, NZ reaffirms enduring friendship with Timor Leste
    New Zealand is committed to working closely with Timor-Leste to support its prosperity and resilience, Foreign Minister Winston Peters says.   “This year is the 25th anniversary of New Zealand sending peacekeepers to Timor-Leste, who contributed to the country’s stabilisation and ultimately its independence,” Mr Peters says.    “A quarter ...
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    2 weeks ago
  • Inquiry requested into rural banking
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    2 weeks ago
  • Ministry for Regulation targets red tape to keep farmers and growers competitive
    Regulation Minister David Seymour, Environment Minister Penny Simmonds, and Food Safety Minister Andrew Hoggard have today announced a regulatory sector review on the approval process for new agricultural and horticultural products.    “Red tape stops farmers and growers from getting access to products that have been approved by other OECD countries. ...
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    2 weeks ago
  • Government to reverse blanket speed limit reductions
    The Coalition Government will reverse Labour’s blanket speed limit reductions by 1 July 2025 through a new Land Transport Rule released for public consultation today, Transport Minister Simeon Brown says.  The draft speed limit rule will deliver on the National-ACT coalition commitment to reverse the previous government’s blanket speed limit ...
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    2 weeks ago
  • Chair appointments for NZSO, CNZ and NZ On Air
    Minister Paul Goldsmith is making major leadership changes within both his Arts and Media portfolios. “I am delighted to announce Carmel Walsh will be officially stepping into the role of Chair of the New Zealand Symphony Orchestra, having been acting Chair since April,” Arts Minister Paul Goldsmith says.  “Carmel is ...
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    2 weeks ago
  • Government focus on long-term food, fibre growth
    Food and fibre export revenue is tipped to reach $54.6 billion this year and hit a record $66.6b in 2028 as the Government focuses on getting better access to markets and cutting red tape, Agriculture Minister Todd McClay and Oceans and Fisheries Minister Shane Jones say. “This achievement is testament ...
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    2 weeks ago
  • Govt consulting on cutting red tape for exporters
    A new export exemption proposal for food businesses demonstrates the coalition Government’s commitment to reducing regulatory barriers for industry and increasing the value of New Zealand exports, which gets safe New Zealand food to more markets, says Food Safety Minister Andrew Hoggard.  “The coalition Government has listened to the concerns ...
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    2 weeks ago

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