web analytics

Open mike 28/06/2015

Written By: - Date published: 6:00 am, June 28th, 2015 - 56 comments
Categories: open mike - Tags:

openmikeOpen mike is your post.

For announcements, general discussion, whatever you choose. The usual rules of good behaviour apply (see the Policy).

Step up to the mike …

56 comments on “Open mike 28/06/2015”

  1. Saarbo 1

    Has anything highlighted NZ Heralds right wing/National party bias as much as the Auckland issue. So refreshing to read Metro’s great piece on this issue:


    And these quote sum things up perfectly.

    The main reason we have runaway increases in house prices is that there are votes in it. The government believes home owners do not want it to control rising property prices.

    And the main reason the transport impasse exists is the government believes there are votes in that too. It will not allow anything that looks like a penalty for car drivers, and it does not believe public transport is the key to solving congestion on our roads.

    • sabine 1.1

      and yet the car drivers and home owners amongst the metro reading crowd will vote for national again and again for precisely the stated reason. Stupid, greedy, shortsighted. But as the old saying goes, i have mine and to hell with you.

    • Skinny 1.2

      There is plenty of soft Nat Jaffa’s that are starting to resent foreigners outbidding them on property. Add the resentment of close to 50,000 migrants arriving each year, many settling in Auckland and you have a catalyst for a blow back at the voting booths.

      Peters seems to be the only one making much noise. Labour have given Phil Goff Off the plumb Auckland Issues portfolio so he can enhance his changes of winning the Auckland mayoralty. If anyone needs to get angry it should be Goff Off. Come on you gutless wonder you should be all over this screaming from the top of sky tower. Perform or pass the portfolio on to someone who has some guts to front up.

      • Marvellous Bearded Git 1.2.1

        Goff came out against the wharves. A 1000 times better than gutless Brown.

        • Skinny

          Goff Off played it safe by making the minimum amount of noise. He never pushed for the deep water port in Northland, Peters was campaigning in the buy election but had the sense to way into the reclamation debate. We all know Brown is woefully useless!

      • sabine 1.2.2

        Phil Twyford is pretty good on the issue. But then its always a good day to just put down Labour it seems.

        • Skinny

          Phil Twyford as Labour’s Transport spokesperson was very quiet on the issue actually, another play it safe stance. Admittedly he had been busy with Housing, but still it is his duty holding the portfolio. Spare me the put down nonsense I detest Labour wasting plum opportunities to be front footing issues that put them at the forefront.

    • Save NZ 1.3

      I think you will find that the government is not controlling property and transport due to receiving generous donations, to make money for themselves and ideology.

      Do not agree it is Home Owners fault.

      Most people agree with more public transport, but it is how it is implemented that is the problem.

      Most people myself included would expect the council to be spending our rates on transport for example, not propping up barristers by supporting illegal action by Ports of Auckland.

      It is the ridiculous waste of money, by the government and councils, that is one of the biggest problems and the hypocrisy of extra rating and taxes for transport and reduction of social services while they waste money against the interests of the rate payers.

      Labour should take a book out of the Nats, mimic the right discourse.

      Clean up government and councils to stop the out of control spending.

  2. Facetious 2

    The whole rates increase is a very bad joke on ratepayers. Blame Len Brown for his lack of leadership, and Rodney Hide for giving us the monstrous Super City. (Carnal) Left and (greedy) Right together to screw the population.

    • b waghorn 2.1

      So how would you fix the transport and housing problems?

    • Macro 2.2

      Blame Key and co for failure to allow Auckland Council the proper process to raise the funds for developing needed infrastructure – so they have to lump it on ratepayers. By the way – if you live in Auckland – how do you feel about the possibility of Auckland in almost constant gridlock in a few years from now?

  3. Save NZ 3

    Almost $200 Million Donated to Representatives to Pass TPA


    On a similar note of ‘donations’, I actually think they should be called by their proper names, Bribes.

  4. Colin Craig, hypocrite:

    “I think any ordinary person will realise a process when you don’t advise the person that you’re considering something, you don’t let them attend, you don’t even give them a chance to respond to allegations, is no proper process,”.

  5. rawshark-yeshe 5

    Long read, but worth it. The perfidy of Richard Cheney the Dick. This must never be allowed to happen here.


  6. Marvellous Bearded Git 6

    Greece voting right now on whether to have referendum on EU/ECB/IMF so-called “bailout package”


    Queues at the ATM’s overnight.

    • Marvellous Bearded Git 6.1

      Greek parliament has voted 178-120 for a referendum but it looks moot after this statement (courtesy Zerohedge) form the Eurogroup:

      “The Eurogroup takes note of the decision of the Greek government to put forward a proposal to call for a referendum, which is expected to take place on Sunday July 5, which is after the expiration of the programme period. The current financial assistance arrangement with Greece will expire on 30 June 2015, as well as all agreements related to the current Greek programme including the transfer by euro area Member States of SMP and ANFA equivalent profits.”

      The financial markets will be interesting on Monday!!

      • maui 6.1.1

        It’s going to be interesting times for the world watching on.. I assume the Government wants the referendum so they then have a mandate from the public to pull out of the Euro.

      • Tracey 6.1.2

        The thing is, maybe Greece is playing a “nothing left to lose” game of chicken. At this point just maybe the EU and the bankers have more to lose if Greece pulls out cos they have to worry, that IF Greece ends up no worse off out than they are today, can find a better deal from another “bank” or Nation, which other EU countries might say “fuck it, we will default too”> THAT is one risk the IMF EU etc are taking by asking Greece’s fewer number of employed to work and pay tax to send out of their economy to meet interest payments…

        Since the austerity conditions attached to finance Greece’s unemployment has fallen not risen.

        • Kevin

          Exactly. That is why the EU is playing hardball. They are terrified it will encourage other countries to tell them to sod off. I think it is appropriate that Greece be the first country to go down this path.

          • Tracey

            Apparently there is precedent for sovereign default of debt and I am not suggesting defaulting will be easy for the Greek people but perhaps the best outcome is actually to give a 3-5 moratorium on interest payments…

            Perhaps printing their own money again might cause problems but it might also see more money in the local economy?

            BUT I definitely think that NOT just sitting meekly and nodding to the big boys would help Greece (as the previous government was doing while piling on more pain), so I say bravo for their stand. They are fucked whichever path they go down, for a while anyway.

  7. Sanctuary 8

    It is time for the online left to be sure to expose at every opportunity the astro-turf “Auckland Ratepayers Alliance” for what it is – a out-and-out deceptive front for the extreme right, National party aligned so-called “tax payers union” created by Jordan Williams and that enemy of democracy, the right wing courtier David Farrar.


    This so-called alliance tells lies about itself – on the “about” page of this “alliance” it claims the “Taxpayers’ Union” is a politically independent organisation. http://www.ratepayers.nz/about It has a couple of useful idiot muppets mentioned, presumably to give it a bit of credibility, but make no mistake – it is simply the right wing of the National party with a lampshade on it’s head as a disguise.

    This front group will try, by the look of Farrar’s frantic pushing of it, to run as a front for the Auckland Remuera elite and it’s hard right agenda.

    All Standardnista’s must be vigilant to expose this dishonest astroturf group in comments sections whenever it seeks publicity, be it on Facebook or in online electronic media. Attack them at every turn, and don’t let these anti-democratic right wing bastards get any media or popular traction through these sort of dishonest fronts!

  8. Philip Ferguson 9

    One of the most shameful parts of NZ history is the White New Zealand policy that began at the start of the 1880s and culminated in 1920 legislation that finally barred the door to pretty much all Chinese immigration to NZ.

    I’ve stuck up seven lengthy pieces up on Redline on the development of the White New Zealand policy. The list is here: https://rdln.wordpress.com/2015/02/07/pieces-on-the-white-new-zealand-policy/

    A few minutes ago, I pasted up the 7th; it looks at the context of the 1890s parliamentary debates: https://rdln.wordpress.com/2015/06/27/white-new-zealand-pt-7-analysing-and-contextualising-the-parliamentary-debates-over-white-new-zealand-in-the-1890s/

    This latest piece examines what was happening in NZ society – NZ was now clearly a (capitalist) nation-state, in the early 1890s the long depression was still in process, the big estates (or a section of them) were being broken up, thwarted on the industrial field labour had turned to parliamentary politics and elected a LIberal government, in the early 1890s the suffrage movement was a big force.

    The main forces campaigning for White New Zealand were liberals, mainstream trade unionists, feminists, social improvers and do-gooders.

    Later, of course, the liberal racists would be joined by the early Labour Party, as we shall see in one of the articles to come.


  9. Colonial Rawshark 10

    Naomi Klein accepts invitation to Papal Climate Conference in Rome

    Says the Pope provides moral leadership on a topic too dominated by economic considerations.


  10. Charles 11

    Who or what am I, and what do I do? (Avoid post-plumber shock)

    (tl;dr skip to video at end)

    Feeling lost. We’ve all been there, at some point in our lives. Sometimes the answer is to do the modern equivalent of running away to join the circus, without having any acrobatic skills, and there is no circus anywhere near us, they wouldn’t have us even if we asked nicely and we‘re so confused that even the act of running away turns into a stumbling lolloping shuffle.

    It doesn’t matter how old we are, how much stuff we own, the balance of our bank account, or the long string of success or failure in our past. All we want is to be free to discover whatever it is that feels like it’s missing.

    So one day we’re sitting in a paddock together, me and a new friend of mine, and she was exasperated with herself and screamed out at the world that was far, far, away from where we were that moment, “What the fuck am I doing with my life!”. At the time, to my ears, it sounded ungrateful and ironic. You’ll get to hear a lot between the fence posts of a farm, doing what no one else really wants to do that much – unless they’re taking the wages back to the Islands.

    Such a place is one of NZ’s versions of The Circus for the Lost. It’s not very exciting, but has nice views, and while there is miles of wire there are no trapeze artists. You do get to hear a lot of detail about other people’s lives, although you never really meet the actual person, until maybe much later. So this gal was, despite her gold-star personality and high level of skills in a particular area; despite the considerable success she’d had overseas in her efforts; despite the more-or-less-privileged circumstances she (we) could maintain to even be where she (and we) was and were; she was discouraged and confused.

    And then there was the other dimwit, me, who had no idea which way was up, none of that gal’s talent, skill, or success, scratching my head thinking, she does know who she is, right, she knows what she can and does do, right? We weren’t young either. We were in our thirties, she was a few years older than me.

    Now the Buddhists just avoid all this trouble with a good belly laugh and a reminder that life is what it is – why encourage the anxiety? In NZ, though, we have a cultural aversion to large, perpetually jolly, people – by the time we’re ten we’re taught to be suspicious of them unless they come bearing gifts in December. Even the more yoga-pants oriented among us still want to know that our investment will return the percentage we thought it would. So we scrape around in self-help courses, community education, religions, go see an advisor, join the circus, find a counsellor or psychotherapist, or just talk to our friends endlessly about our troubles – trying to find some direction. It’s the Western way, and not many can completely escape it if they’re born into it. And in those books, lecture theatres, workplaces and coffee groups we find little snippets of information on what to do that doesn’t help one bit. Something is still missing. The steps are too far apart, or obscured.

    “All you have to do is buckle-up, stick at it, work hard and it’ll turn out. Takes time.”
    But time keeps running out. No amount of buckling, perseverance or hard work changes the situations they get into.

    “Get an education, choose an area that pays well and work hard!”
    They do have an education, but it’s “worthless”. No one will hire them

    “Start your own business!”
    With what? In what? How?

    “You have to really really really want it.”
    So what is that the definition of?

    “You have to get out there, off your ass and ask around.”
    They did, but couldn’t do it well enough. Everyone turned them down.

    “You just need to get back into the habit.”
    You mean you’ll make their life unnecessarily hard for kicks?

    “Keep your head down, knuckle down, don’t talk, pay your dues.”
    They found what they wanted, the thing they’re told they need – can momentarily attain it – but can’t hold onto it very long.

    The best we can see is pieces of a method but not the complete picture, the bits missing, who it might relate to or its overall relevance. Worse, you might run into this stuff:

    “Hey, Mary, these cakes you make, they taste great you should totally do this for a living!”
    Encouraged by her friends’ chatter, Jan makes several attempts, learns a lot, but ultimately fails. Why?

    “Find what you love and the money will follow!”
    Find what I love? What does that mean? Or you meet someone on your search who tells you if you were really doing what you loved it wouldn’t matter about them paying you below legal, unliveable wages.

    “Find out what makes you cry, and do that!”
    Some people don’t really feel all that passionately about anything, let alone love anything. Why should it matter anyway?

    “What are your interests? Find an industry that suits.”
    This person finds out that there is more to an industry than just applied skill and interest, and their attempts fail.

    And all the while, time passes, lots of it. These people still have to deal with their everyday lives, the additional task of neutralising repeated failure so as not to distort their ability to see straight, and culture and politics never lets-up telling them they’re lazy, bludgers, miscreants, losers. It’s not their fault. Not at all. In fact, there is nothing wrong with them that could be considered a fault.

    Why does “good” advice fail?

    Because to use “good” advice, people have to be the same personality type as the advice-giver (similar dominant cognitive functions), have very similar experiences within a similar culture (experience a similar trend in external events as the advice-giver did when they did what they did), similar intellectual skills (to re-interpret anything they are told to suit their specific situation), and hear the advice at the right location to act, and the right time in their life.

    Also, the advice-giver has to be particularly skilled to make sure the advice given carries all the necessary steps (which is very rare, most likely you’ll get slogans, as above). There’s a lot of details to consider when giving advice, and dismissing those details is more a favour to the ignorance of the advice-giver than the person who needs help.

    It’s how living in a bubble-of-belonging works. No one inside the bubble knows the steps to get in or out, because they never stepped outside the bubble and were born into it – they were moving along nicely inside the bubble because their personality type suited the values of the bubble. When you’re outside the bubble, the job of the bubble is to keep you out, and this is related to how privilege works. Unchecked, a person can unwittingly whack other people from inside the bubble, as with those slogan type advice snippets above. However, there is a happy ending to this story, because conforming to a culture of privilege is only one way to live your life, or one way to find a life to live, if you prefer.

    Is this an advice post?

    Nope, it’s more a unsolicited commiseration party, one you never knew you needed: However easy it is to do stuff once you find the start line or get into the swing of things, it can be difficult to find a start line or make that first swing in a world that is full of unusable, fragmented, misapplied advice – so lighten up on yourself. The people who rag on you for not being like them, they don’t know much.

    So what is this?

    Just undoing some of the common tangles before offering a different knot to try to tie-up loose ends. One particular piece of advice isn’t going to be universally suitable for everyone. 99.9% of the advice for finding direction I’ve heard in circulation has been totally useless to me. In it they ask questions that are usually oriented in one direction: What can we get from the World? Sometimes there’s slight variation: What do we feel we could get from the World? And if I hear another, “What would you do if you had all the money in the World…” again, I might just start burning down libraries. It’s amazing that human life has developed so far technologically, and yet no one can answer the simplest of questions – What am I? Who am I? Where am I?

    So when I heard a talk on TEDx recently, by chance, it caught my attention (because generally I don’t like TED talks. I think this one was part of a youtube autoplay). Here was someone changing the orientation of the questions: Yes, they were ego-centric and risked the associated pitfalls, but not as risky as most, they were even somewhat political,

    Who are you?
    What do you do?
    Who do you do it for?
    How do they change as a result?

    Here is the actual TEDx talk… credit where credit is due…

    How do they change? But… where’s the money… you didn’t mention passion… or finding what I love to do… or what I’m interested in…. or what I want to do… where’s the focus on what I get? That’s the point. These questions weren’t just about work, careers, personal sensory satisfaction or financial gain; they were about finding a personal reference point by noticing effect of actions; they were about identifying who you are at any particular time – and potentially working forward from there. How other people changed, and the name given to that change, was the description of what you did, and what you were. The obvious answers are obvious, but also there are hidden answers. For example, you might work at a gas station, and your name is Alice,

    Who are you?
    I’m Alice.

    What do you do?
    I pump gas, clean windows, check the oil, chat with people. Sometimes I’m here alone at night, watching the forecourt.

    Who do you do it for?
    You mean other than me earning minimum wage? I do it for the customers I guess. I mean, sure I work for the boss, but it’s the customer’s cars.

    How do they change as a result?
    They move on their way, knowing that they aren’t going to run out of gas, or their tyres ain’t going to pop on a dark road, or their engines burn out, or when I give directions, so they get to where they’re going.

    Alice works at a gas station, but she doesn’t often pump gas. She reinforces in people a sense of security, if they need it, reinforces a form of certainty that they might be running low on. She makes sure people don’t stop for avoidable problems. What is Alice really? What does Alice really do?

    Using that approach – a metaphorical interpretation of actions – anyone can locate where they are at, no matter where they are, regardless of socio-economic status. Everyone does something, and more importantly, they do it in a certain way and the effect it has is measureable.

    Although it’s not a silver bullet, it’s a lot more stable than thinking, “I’m plumber, therefore I fix pipes, dig holes and break small things. When I retire, or if I loose my job, I’ll be nothing, because I won’t be plumbing anymore.”. Avoid post-plumber shock.

    The title of the TEDx talk says “How to know your life purpose in five minutes”, which to me sounded a bit grandiose, because life circumstances often change, don’t they? People go through cycles with specific times for activities that come and go. “Life Purpose” isn’t always static. Also, that everyone’s life has an inherent purpose is a philosophical choice people make that might be true for some, but not a proven certainty for all… and the video takes ten minutes… so that’s funny too. I don’t agree with everything the speaker says (e.g. examining is living… for someone), but the questions are good for anyone stuck in common Western mind-traps. It did sound like a good way to track down some common themes that run through people’s lives.

    If people are thinking, “I need to do something, but what? There is so much going on in the world, but my skills don’t fit…”, or if they find themselves in any of the can’t-follow-good-advice catch-22s above and need to know what they are right now or have been while they’ve been in their current cycle, they can at least find that reference point and decide where to go from there. Some of the movement forward, after finding out, will take no effort at all, and may reveal why things didn’t work out earlier. It’s an out of the ordinary method, I thought, and useful to someone.

    • Tim 11.1

      Thanks for sharing that Charles.

      • Chooky 11.1.1

        +100…thanks Charles ….yes I am going to have to reread this tomorrow….there is a lot of thought in this…reminds me of a sociology text found in a university bookshop years ago ( I cant remember the name of the author but he was American and wrote 3 volumes and I was riveted…stood reading it for hours before i decided I would have to buy it)….the big existential questions…who am I? …what is my life purpose?…where do I fit into the scheme of things….questions of meaning

        …seems to me that networks, family and friends are really important these days….(to keep the wolves of alienation, anxiety and depression at bay, especially for those most disadvantaged… the unemployed, the young and the low income earner…the un housed, the mentally and emotionally fragile, the children and the elderly…and those without supportive families close by)

        …and that the little people have to stand up for themselves and their own human value …..and fight to get their rights/ wants/needs recognised …..they have to fight for their grassroots democracy ….against corporate, media , bankster, vested, overseas and systemmic religious institution interests….some of which are indistinguishable

    • maui 11.2

      Thanks Charles, very thought provoking. I’m at a stage in my life where this is very appropriate. I find it interesting the expectations that capitalism has created, for instance it’s expected if you’re “working” you should be working a 40 hour week. Indeed in most cases this is what is required for survival.

      Also from doing some job searches on the net lately it seems the most frequent jobs going are construction, aged care, sales, administration. Either it was just me or most of the jobs seemed to be about keeping capitalism alive. There were few jobs that involved making the country/world a better place, I guess these jobs fall into what society calls unpaid “volunteer” work.

      I’ve also been investigating personality types lately (i.e Myers-Briggs) and it seems some personalities don’t like being told what to do and how to do it. Their whole world view is doing things their own way for causes they believe in. How could they then ever work effectively as an employee for a company?

      I was recently at a jobs expo and in a room full of stall holders there wasn’t much to get excited about. All the stalls were pretty sterile, commercialised and with an air of fakeness to them. One of the university stalls tried to lure you in with lego type robots on their desk – as if there was a job out there where you could build and play with robots all day.

    • Chooky 11.3

      +100 thanks Charles….finally had time to watch the Ted Talk….and it is very good!…have passed it on!

  11. Penny Bright 12

    Familiar with the work of Jane Burgermeister?

    Jane is providing regular updates of developments in Greece …. FYI


    Central to eurozone plans to handle a Greek default must be a switch over from the private creation of money to sovereign money.

    A default is now on the cards after controlled Greek Prime Minister Alexis Tsipras torpedoed negotiations with the announcement of a trick referendum without warning the Greek delegation.


    A referendum makes a default inevitable but also blocks legislation to manage that default.

    As a result Greece will now default in chaotic circumstances, the Syriza government could be toppled, social division will increases and the danger of a civil war looms. The Greek parliament is due to vote on the referendum tonight.

    The impementation of the Chicago Plan Revisited could, and must, be done by legislative decree immediately. It would bring a return of prosperity to Europe. It would also drain the bankers of the funds they use to control the media and stage false flags and pave the way for political stability.


    Europe’s leaders have dodged the necessity to end the private creation of money, and in doing so, have brought Europe to the brink ot disaster.

    Even Martin Wolf from the Financial Times warned last year that private banks must be stripped of the power to create money.


    Iceland has already prepared legislation to make the transition, and other countries must follow suit.

    If European leaders do not act soon, chaos may engulf all of Europe. It cannot be ruled out that the ECB and German central bank will be razed to the ground altogether by angry Germans, when they realize they have to foot the bill for Greece’s fractional reserve banking debt and their money is worthless.

    The bank runs in Greece are just a foretaste of what could happen across Europe in the coming days unless the creation of money is taken out of the hands of private banks and returned to soveriegn national banks.

    • G C Cameron 12.1

      Well Penny, if banks are stripped of their ability to create money and can only loan out deposits – I hope the banks loan out your savings first. How would we expand the money supply Penny? Would the bank phone the government every time someone wants money for a house – a bit inefficient Penny!

      Or Penny, are you suggesting people only get home loans from the government directly?

      • McFlock 12.1.1

        While there’s no real problem with your second option, the first is already the case. Only a moron would suggest that banks would employ someone to draw funds from the government for each and every mortgage, just because their reserve ratio needs to be 1:1.

      • Macro 12.1.2

        Restricting banks lending on houses to only the amount of bank deposits is exactly what is needed. At present overseas banks are exporting billions in profits from NZ in money created solely from their unmitigated lending. This is not only ripping off the people of NZ – but also fuels the housing market causing escalation and inflationary pressures in the housing market.The only time where banks should be allowed to lend above and beyond their deposits is where that money is going into the creation of productive capacity and jobs within the economy. Lending on existing housing does not do that.

        The need for them to “have to create” all the extra money so that people can buy a house is a direct result of them creating and inflating the price of houses in the first place. If money was restricted – the price of houses would fall. What needs to happen is a slow but steady credit squeeze slowly reducing the money supply so that people would have surety in a managed reduction. Houses would then fall into line with the prices of other capital items in the economy, and not be overvalued as they are now.

        This is not a new concept nor is this the first time that economist have queried the freedom of allowing banks to create money unchecked. John Mc Murtry in his book “Unequal Freedoms – the Global market as an ethical system” Published in Canada in 1998 states on pp 316 -317

        How ca a regime so prejudicial to the public good persist with so little public opposition? The answer is that what is no seen is not opposed. Significantly, the Global market’s international co-ordinating body that has led the substitution of privatised government bonds for bank reserves is the Swiss based Bank of International Settlements, a socially accountable private banker committee that plots the world’s norms of money creations and supplies outside of the public’s gaze. The Bank Of International Settlements originally set up to bring German war reparations under banks control before the 1929 crash and Great Depression, later handed over Czechosolvarkia’s gold to Hitler after his invasion of Prague in 1938. Today it leads a policy of abolishing all reserves for bank loans, a carte blanche secretly passed into law in 1991. The banks view is that every one must have collateral for loans, but banks themselves do not have to have cash reserves to back up loans to governments or to individuals. Cash reserves are called an “unfair tax”, an Orwellian conception that Central Bankers cheerfully repeat. The logic of the bankers’ code exempts them they themselves prescribe as inviolate to everyone else. This is another symptom of our social disorder.

        He goes on – but I shall end there – so what Penny has referred to is not out of left field – nor it is un-thought – it is the concern of many who prefer to take a more expansive view of economic policy than the limited and failed economic policy of the conventional “wisdom”

        • G C Cameron

          Well what Penny is suggesting is out of left-field because she suggested stopping banks (expanding the money supply by) creating money in the form of loans. If banks used a ‘fractional reserve 1:1 ratio’ – Banks would still be creating money through loans.

          Penny originally suggested banks should be “stripped of their ability to create money” – obviously she has amended her post~!!!

          • Macro

            At the present time we have given Banks carte blanche to create money at the press of a key board. This is unhealthy to our economy and has to stop. Banks should be limited a 1:1 lending ratio on existing houses – they create no new productive capacity, nor extra employment. Obviously having let the cat out of the bag it is going to be extremely difficult to get it back in, and many people would suffer if a direct limitation was imposed at once. The only way banks can effectively be brought into line now, is to manage a steadily tightening credit squeeze with full public knowledge of why it was happening, and with full advice as to how and when it was being implimented, with appropriate advice for those affected, in order that people could plan accordingly.
            Yes those who buy at the top of the market would find themselves with a house that would not sell for what they paid. This is going to happen sooner or later anyway when the market collapses in the not too distant future.

            A housing bubble occurs when there is an accelerating growth in real estate prices without a commensurate increase in the underlying fundamental value, Greenaway-McGrevy said. The bubble ends when the ability of people to buy or rent properties is compromised.

            “Eventually at some point economic fundamentals limit the degree to which people can pay for property,” he said. Income was the biggest factor. “If it becomes hard for people to rent or purchase a property in Auckland then you will begin to see demand for housing in Auckland tail off,” he said.

            In Auckland that point has not been reached.

            “Buyers are wary of being priced out by further increases in prices so as a result seem to be willing to pay premiums to secure properties,” said Quotable Value’s Auckland valuer James Wilson said.

            “Investors are still very active in the market, capitalising on low interest rates, high equity across their portfolios and rapidly rising prices.”


            • G C Cameron

              I disagree with having a ‘reserve ratio of 1:1’ – the money supply should be expanded as need. What you are suggesting sounds an awful lot like austerity.

              I like the BitCoin currency because it’s not dependent of continued expansion unlike ALL other paper currencies I know of.

              • McFlock

                The money supply is still expanded. Just not by the banks, whose primary focus is on their short term profit.

                It’s the reserve bank that expands the money supply by lending government bonds.

                • G C Cameron

                  Lending to The Government and lending to Private Citizens are two different things. Though both expand the money supply. I don’t see the whole country lining up outside The Reserve Bank to take out loans.

                  I disagree. The money supply would be expanded when banks loan out money. The only time it would NOT be is if:
                  A. The bank takes your money (deposit) without your permission and loans it to your neighbour (which is theft)
                  B. The government outlaws banks and becomes the lender

                  • McFlock

                    Are you shitting me? The bank doesn’t label your money, it promises you it will give you back that amount of money when you ask for it.

                    “Your” money is almost immediately lent to someone else or used to pay a depositor who is making a withdrawal.

                    If you ask for your money, and it can’t pay you back, it would get in shit – insolvency rumours, run on the bank, bam it’s broke. So if it lends to a hose purchaser at 6% to get a profit, what is the bank to do in case you want your money back? It borrows from the reserve bank at 3%. It credits your account 2%. And makes 1% profit.

                    With a fractional reserve of 10%, a bank borrows $1million from the reserve bank. That covers it lending up to $10million. Hence the expansion in the money supply.

                    With a reserve of 1:1, if the bank borrows $10million it can only lend out $10million.

                    The reduction in elasticity therefore gives the reserve bank more direct control over the economic accelerator. It would only be the RB that creates the cash (the digits it lends to the banks).

                    Nobody other than banks need borrow from the reserve bank – the banks just borrow the aggregate of what they think they’ll need at that particular OCR.

                    • Colonial Rawshark

                      Nobody other than banks need borrow from the reserve bank – the banks just borrow the aggregate of what they think they’ll need at that particular OCR.

                      Indeed. And ordinary people and companies cannot have accounts with the RBNZ; only registered banks.

                    • Colonial Rawshark

                      If you ask for your money, and it can’t pay you back, it would get in shit – insolvency rumours, run on the bank, bam it’s broke. So if it lends to a hose purchaser at 6% to get a profit, what is the bank to do in case you want your money back? It borrows from the reserve bank at 3%. It credits your account 2%. And makes 1% profit.

                      the other thing to note is that the bank can always pay out the money first in the form of an electronic credit to your nominated bank account, and go looking for any additional reserves it needs to balance things out at the end of the day (either on the open market or from the RBNZ) *afterwards*.

                    • G C Cameron

                      The Bank doesn’t loan my money out as such, it creates money on top of my deposit and loans that out. Then the whole process starts again when the newly created money is deposited.

                      The Reserve Bank is creating the money you say, ok fine, BUT the demand for the money creation is coming from the likes of ANZ, ASB, BNZ – so directly or indirectly these bank are creating the money. And dynamically (and corruptly sometimes, granted) responding to consumer demand.

                      Again, I don’t see the whole of New Zealand lining up outside the Reserve Bank to take out a loan.

                    • McFlock

                      BUT the demand for the money creation is coming from the likes of ANZ, ASB, BNZ – so directly or indirectly these bank are creating the money.

                      …but the demand for the banks to lend money that the reserve bank created comes from people who wish to borrow money, so by you logic mortgagees directly or indirectly create money.

                      I think you’re running around in circles. The point being, however, that a 1:1 ratio makes government policy, not bank self interest, the major determinant of the money supply.

                  • Colonial Rawshark

                    I disagree with having a ‘reserve ratio of 1:1′ – the money supply should be expanded as need. What you are suggesting sounds an awful lot like austerity.

                    Expanding the money supply would be done either by the central bank (RBNZ) increasing central bank money available to the retail banks and instructing the retail banks to increase certain types of lending as the economy is deemed to require – or by Government spending the money into existence, investing those monies into strategic areas of the nation.

                    The retail banks could then take that increased availability of money and act as savings societies (which use a reserve ratio of 1:1) to extend private loans into the economy.

                    So no, it wouldn’t necessarily be austerity, its just that the Government determines whether the money supply needs to be expanded or tightened, and for what purposes.

                    Of course, we also need to be cogniscent that the world bankster cartel have taken down entire nations for less.

                    • G C Cameron

                      Good Post, I’m inclined to think you’re onto something with saving societies (it sounds good anyway). However, the ‘Government determining whether the money supply needs to be expanded’ – I’m not sure how they would determine that? Or if it would be more dynamic than the current system.

                      BitCoin is the best currency I’ve ever seen. Your ideas are interesting for sure Colonial Rawshark .

    • G C Cameron 12.2

      Granted you did say private banks – I suppose there is something/much to be said for that in our current ‘reserve banking system’. Over issuance of new currency (money printing) obviously devalues a currency (see history for examples).

    • Chooky 12.3

      Interesting discussion on the issues…

      ‘Greek pain’


      “Again Athens finds itself at loggerheads with its creditors, particularly the IMF. The Greeks appear to be willing to do only enough to stay in the Eurozone, while the rest of Europe is willing to offer it just enough support to stay afloat – all awhile making the Greek economy almost impossible to grow. Is the Euro a failure?

      CrossTalking with Mitch Feierstein, Stephen Haseler, and Scheherazade Rehman.

      • G C Cameron 12.3.1

        I wouldn’t call the Euro a failure – it’s a unification of Europe at best, succeeding where many failed. The cracks seem to be showing though. Prophetically speaking I’d suggest on the horizon is the fast pace emergence of a religious system (papal), which will begin dominating Europe and the political systems therein.

        I have no doubt the Greek people are being denied dignity and austerity needs to end. Greece have been offered participation in the BRICS bank – so maybe some light at the end of the proverbial ‘tunnel’ for them?

      • Kiwiri 12.3.2

        On a different note, Turkey must be breathing with a big sigh of relief that, despite their constant knocking on the doors of the white Judeo-Christian club, they were fobbed off with tonnes of excuses constantly and may well have saved themselves of a lot of ‘pain’.

        Let me guess – Turkey is not that enthusiastic about joining the EU now?

    • vaughan little 12.4

      thanks penny.

  12. b waghorn 13

    An interesting opinion on what’s happening in the antarctic.

    • Macro 13.1

      wow! an excellent article from the Herald – not normally given to such in depth articles on this topic.

Recent Comments

Recent Posts

  • New Zealand First calls for tahr cull halt
    Mark Patterson MP, Spokesperson for Primary Industry New Zealand First is supporting calls by hunters and the New Zealand Tahr Foundation (NZTF) to halt a large scale cull of Himalayan Tahr by the Department of Conservation in National Parks. The calls are supported by a 40,000 strong petition and the ...
    1 day ago
  • Response to Spin-off allegations
    Rt Hon Winston Peters, Leader of New Zealand First New Zealand First leader Winston Peters today scoffed at suggestions that a team of six political operatives have been dispatched to New Zealand to assist his campaign. ‘As President Ronald Reagan once said, ‘there they go again.’ ‘The clickbait journos can’t ...
    1 day ago
  • Jenny Marcroft MP to represent New Zealand First in Auckland Central
    New Zealand First is pleased to announce Jenny Marcroft as the party’s election 2020 candidate for the Auckland Central electorate. Jenny spent years working in Auckland Central, having spent a vast proportion of her broadcasting career there. She says she, "knows the place and knows the people." Ms Marcroft says ...
    2 days ago
  • Creating jobs and cleaning up our rivers
    New Zealanders deserve healthy rivers and lakes that are safe to swim in - but they have been getting worse for decades. That's why, with our latest announcement, we're investing in projects that will help clean up our rivers and lakes and restore them to health, within a generation. ...
    3 days ago
  • Jacinda Ardern: 2020 Labour Congress Speech
    Jacinda Ardern's speech to the 2020 Labour Party Congress. ...
    3 days ago
  • Kelvin Davis: 2020 Labour Congress Speech
    Kelvin Davis' speech to the 2020 Labour Party Congress. ...
    3 days ago
  • Week That Was: Another week of major progress
    This week we moved into the second half of 2020 - and our Government delivered another week of big changes and major progress for New Zealanders. Read below for a wrap of the key things moments from the week - from extending paid parental leave, to making major investments in ...
    5 days ago
  • Green Party opposes RMA fast-track bill that cut corners on environmental safeguards and public cons...
    The Green Party has opposed the COVID-19 Recovery Fast-track Consenting Bill which shortcuts normal consenting processes under the Resource Management Act (RMA), reduces public participation and narrows environmental considerations. ...
    6 days ago
  • Site of new freight hub revealed
    Hon Shane Jones, Minister of Regional Economic Development A regional freight hub for the lower North Island will be built just northeast of Palmerston North, Regional Development Minister Shane Jones has announced. The Government is investing $40 million through the Provincial Growth Fund to designate and buy land and design ...
    6 days ago
  • Greens call for Guaranteed Minimum Income to alleviate skyrocketing debt with MSD
    Green Party Co-leader Marama Davidson is calling for the introduction of a Guaranteed Minimum Income to lift hundreds of thousands of people out of poverty and prevent more families entering into further debt with the Ministry of Social Development.  ...
    6 days ago
  • Winston Peters: Facts matter when taxpayer money is on the line
    There has been renewed focus on New Zealand First acting as a handbrake on the Government after our decision to not support Auckland light rail. We are a handbrake for bad ideas, that is true, but our track record since 2017 has seen New Zealand First constructively also serve as an ...
    6 days ago
  • Bill raising minimum residency requirement for NZ Super passes first reading
    Mark Patterson MP, New Zealand First List MP New Zealand First’s Fair Residency for Superannuation Bill passed its First Reading in Parliament today. The Bill makes a significant change to NZ Super by raising the minimum residency requirement from 10 to 20 years, after age 20. “Currently, a migrant of ...
    6 days ago
  • Harsher penalties for assaults on first responders one step closer
    Darroch Ball MP, Spokesperson for Law and Order A New Zealand First member’s bill in the name of Darroch Ball introducing a six-month minimum prison sentence for assaults on first responders has passed its second reading in Parliament. The new offence of "injuring a first responder or corrections officer with ...
    7 days ago
  • Criminal Cases Review Commission delivers Coalition promise
    Fletcher Tabuteau MP, Deputy Leader of New Zealand First New Zealand First welcomes the launch of the new Criminal Cases Review Commission, gifted with the name from Waikato-Tainui - Te Kāhui Tātari Ture, announced in Hamilton today by Justice Minister Andrew Little. “New Zealand First has long believed in and ...
    1 week ago
  • Greens welcome huge new investment in sustainable projects
    The Green Party is celebrating over $800m in new funding for green projects, which will get people into jobs while solving New Zealand’s long-term challenges. ...
    1 week ago
  • New Zealand First demands answers from Meridian Energy
    Mark Patterson MP, Spokesperson for Primary Industries New Zealand First is appalled that Meridian seems to have been unnecessarily spilling water from its dams to drive up its profits."While New Zealanders have been coming together in some of our darkest hours, we don’t expect power gentailers to waste water and ...
    1 week ago
  • Getting New Zealand moving again: June 2020
    We wrapped up the first half of 2020 with a busy month, taking additional steps to support New Zealanders as we continue with our economic recovery. We rolled out targeted packages to support key industries like tourism and construction, helped create jobs in the environmental and agriculture sectors, and set ...
    1 week ago
  • Māori union leader appointed to Infrastructure Commission board
    Hon Shane Jones, Minister for Infrastructure Infrastructure Minister Shane Jones has welcomed the appointment of Maurice Davis and his deep infrastructure and construction experience to the board of the Infrastructure Commission. Mr Davis (Ngāti Maniapoto), is the seventh and final appointment to the board led by former Reserve Bank Governor ...
    1 week ago
  • Click-bait journalism at its worst
    Rt Hon Winston Peters, Leader of New Zealand First New Zealand’s click bait journalism is taking a turn for the worse, with yet another example of sensationalist, wilful-misrepresentation of the facts. “New Zealand First has worked constructively with its Coalition partner on hundreds of pieces of legislation and policy, and ...
    1 week ago
  • Green Party proposes transformational Poverty Action Plan
    The Green Party is today unveiling its Poverty Action Plan, which includes a Guaranteed Minimum Income to ensure people have enough to live with dignity.     ...
    1 week ago
  • PGF accelerates Rotorua projects
    Rt Hon Winston Peters, Deputy Prime Minister Fletcher Tabuteau MP, Under-Secretary for Regional Economic Development The Rotorua Museum redevelopment and Whakarewarewa and Tokorangi Forest projects will be accelerated thanks to a $2.09 million Provincial Growth Fund (PGF) boost, Deputy Prime Minister Winston Peters and Under-Secretary for Regional Economic Development Fletcher ...
    2 weeks ago
  • Week That Was: Getting people into jobs
    This week, we rolled out the next steps of our recovery plan, with new infrastructure investment, extra support for tourism operators, and a new programme to get Kiwis into agriculture careers. The global economic consequences of COVID-19 will continue to be a challenge, but we have a detailed plan to ...
    2 weeks ago
  • Coalition commitment establishing Mental Health Commission delivered
    Jenny Marcroft MP, Spokesperson for Health New Zealand First welcomes the passage of the Mental Health and Wellbeing Commission Bill through its final reading in Parliament today fulfilling a coalition agreement commitment. “This is an important step in saving the lives of New Zealanders and delivers a key coalition commitment ...
    2 weeks ago
  • Whakatāne gets a $2.5m ‘turbo boost’
    Whakatāne has been given a $2.5 million boost to speed up previously funded projects and create more than 450 jobs in the next decade. Of those, the equivalent of 160 full-time jobs could be delivered in the next six weeks. Deputy Prime Minister Winston Peters is in town to make ...
    2 weeks ago
  • $2.5m PGF funding to speed up economic recovery in Whakatāne
    Rt Hon Winston Peters, Deputy Prime Minister Fletcher Tabuteau MP, Under-Secretary for Regional Economic Development The Provincial Growth Fund (PGF) is investing $2.5 million to accelerate three infrastructure projects in Whakatāne, Deputy Prime Minister Winston Peters and Under-Secretary for Regional Economic Development Fletcher Tabuteau announced today. “This package is about ...
    2 weeks ago
  • Shane Jones calls out those holding drought-stricken Auckland ‘to ransom’ over water
    Infrastructure Minister Shane Jones is throwing his weight behind a bid by the Auckland Council to fast-track the more than doubling of the city's water allowance from the Waikato River. And he's coming out strongly against anyone who plans on getting in the way of this campaign. "It is my ...
    2 weeks ago
  • Another Green win as climate change considerations inserted into the RMA
    The Green Party is thrilled to see changes to the Resource Management Act (RMA) that mean consents for large projects can be declined if they will have significant climate change implications that are inconsistent with the Zero Carbon Act and Aotearoa New Zealand’s Paris Agreement obligations.  ...
    2 weeks ago
  • New Navy vessel Aotearoa to arrive in New Zealand
    Hon Ron Mark, Minister of Defence The Royal New Zealand Navy’s new ship, Aotearoa, set sail for New Zealand on 10 June from the Republic of Korea, and is due to arrive in Auckland tomorrow, announced Minister of Defence Ron Mark. “Aotearoa is the Royal New Zealand Navy’s new fleet ...
    2 weeks ago
  • Racing Industry Bill passes third reading
    Rt Hon Winston Peters, Deputy Prime Minister, Minister for Racing Racing Minister Winston Peters has today welcomed the Racing Industry Bill passing its third reading, creating the legislative framework for revitalising the racing industry while limiting the need for future government intervention. “For too long our domestic racing industry has ...
    2 weeks ago
  • Green Party seek amendment to ensure all prisoners can vote
    The Green Party has today put forward an amendment to the Electoral (Registration of Sentenced Prisoners) Amendment Bill to ensure all people in prisons can vote in general elections. ...
    2 weeks ago
  • Green Party welcomes new approach to delivering light rail
    The Green Party welcomes the decision to not proceed with Public Public Investment (PPI) delivery of Auckland’s light rail project and to instead run the process through the public service. ...
    2 weeks ago
  • New Zealand First welcomes PGF investment in Wairarapa Water
    Hon Ron Mark, New Zealand First List MP based in the Wairarapa New Zealand First List MP Hon Ron Mark welcomes the announcement of Provincial Growth Funding investment of $1.4 million to help secure the Wairarapa’s water supply. The funding boost will allow the Greater Wellington Regional Council (GWRC), and ...
    2 weeks ago
  • New Zealand First MP Mark Patterson selected as candidate for Taieri
    New Zealand First list MP Mark Patterson has been selected to represent the party in the newly formed Taieri electorate at the upcoming election. Mr Patterson, his wife Jude and two daughters farm sheep and beef at Lawrence and Waitahuna. He previously stood in the Clutha-Southland electorate however boundary changes ...
    2 weeks ago
  • Ground-breaking on NZ Post depot
    Hon Shane Jones, Associate Minister for State Owned Enterprises A new ‘super depot’ to be built for NZ Post in Wellington will create around 350 jobs during construction, Associate Minister for State Owned Enterprises Shane Jones says. Shane Jones today attended a ground-breaking and blessing ceremony for the parcel-processing depot ...
    2 weeks ago
  • Week That Was: Putting our economic plan into action
    Our strong economic management prior to COVID-19 - with surpluses, low debt and near-record-low unemployment - put us in a good position to weather the impact of the virus and start to rebuild our economy much earlier than many other countries. Now we're putting our plan to recover and rebuild ...
    2 weeks ago
  • Fleeing drivers hit new record-high yet again
    Darroch Ball MP, New Zealand First Spokesperson for Law and Order Recently released Police fleeing driver statistics have shown yet another increase in incidents with another record-high in the latest quarter. “This new quarterly record-high is the latest in a string of record-high numbers since 2014.  The data shows incidents ...
    2 weeks ago
  • Fletcher Tabuteau selected as candidate for Rotorua
    New Zealand First MP Fletcher Tabuteau is pleased to be confirmed today as the party’s candidate for the Rotorua electorate. Speaking at the Rotorua AGM for New Zealand First, Mr Tabuteau said this is an election that is incredibly important for the people of Rotorua. “The founding principles of New ...
    3 weeks ago
  • Greens call for Government office to address Rainbow issues following Human Rights Commission report
    The Human Rights Commission’s PRISM report on the issues impacting people based on their sexual orientation, gender identity and expression, and sex characteristics (SOGIESC) provides an excellent programme of work for future governments to follow, say the Greens. ...
    3 weeks ago
  • Winston Peters continues push for trans-Tasman travel as military take control of operations
    Foreign Affairs Minister Winston Peters said the trans-Tasman bubble had not been jeopardised after a border botch-up resulted in New Zealand having two active cases of COVID-19. On Friday, Mr Peters told RNZ's Morning Report he had heard from Australian Prime Minister Scott Morrison that borders for trans-Tasman travel would open by ...
    3 weeks ago
  • Winston Peters on the Government’s Covid-19 border blunder
    Deputy Prime Minister Winston Peters said today he was pleased the army was now running the quarantine and isolation process - up until now it has been the Ministry of Health. Peters told Newstalk ZB's Mike Hosking that the army knew how to introduce and follow protocols and instil discipline. ...
    3 weeks ago

  • Govt confirms investment in better radiology and surgical services for Hawke’s Bay
    The Government is pleased to confirm funding for improvements to radiology and surgical services at Hawke's Bay DHB, Health Minister Chris Hipkins says.     "The Minister of Finance the Hon Grant Robertson and former Health Minister Dr David Clark approved funding for Hawke's Bay DHB’s redevelopment of their radiology facilities ...
    BeehiveBy beehive.govt.nz
    27 mins ago
  • Specialist alcohol and drug addiction services strengthened across New Zealand
    •    New funding for four beds at Napier’s Springhill Residential Addiction Centre •    A new managed withdrawal home and community service, and peer support before and after residential care at Tairāwhiti DHB  •    A co-ordinated network of withdrawal management services throughout the South Island •    Peer support in Rotorua and ...
    BeehiveBy beehive.govt.nz
    34 mins ago
  • Coastal Shipping Webinar
    Introduction, seafarers and POAL Good morning everyone, I am delighted to be online with you all today. Before I begin, I have to acknowledge that COVID-19 has disrupted the maritime sector on an unprecedented scale. The work of seafarers and the maritime industry is keeping many economies around the world ...
    BeehiveBy beehive.govt.nz
    3 hours ago
  • Support for resilient rail connection to the West Coast
    A $13 million investment from Government will create jobs and improve the resilience of the rail connection between Christchurch and the West Coast, Infrastructure Minister Shane Jones and Regional Economic Development Under-Secretary Fletcher Tabuteau say. The funding comes from the tagged contingency set aside in Budget 2020 for infrastructure projects ...
    BeehiveBy beehive.govt.nz
    3 hours ago
  • Major investment in safe drinking water
    The Government is investing $761 million to assist local government upgrade under-pressure water services across the country, Prime Minister Jacinda Ardern and Local Government Minister Nanaia Mahuta announced today.  The announcement was made at the site of the water bore that was found to be the source of the fatal ...
    BeehiveBy beehive.govt.nz
    5 hours ago
  • Supporting stranded seasonal workers to keep working with more flexible options
    Recognised Seasonal Employers and migrant seasonal workers stranded in New Zealand will be able to continue working and supporting themselves with more flexible hours and roles, says Immigration Minister Iain Lees-Galloway. The time-limited visa changes are: Stranded RSE workers will be able to work part-time (a minimum of 15 hours ...
    BeehiveBy beehive.govt.nz
    5 hours ago
  • Relief for temporary migrants, employers and New Zealanders who need work
    The Government is making immediate short-term changes to visa settings to support temporary migrants already onshore in New Zealand and their employers, while also ensuring New Zealanders needing work are prioritised, Immigration Minister Iain Lees-Galloway says. We are: Extending temporary work visas due to expire by the end of 2020 ...
    BeehiveBy beehive.govt.nz
    22 hours ago
  • Freshwater commissioners and fast-track consenting convenor appointed
    Professor Peter Skelton CNZM has been appointed as Chief Freshwater Commissioner and Alternate Environment Court Judge Craig James Thompson as Deputy Chief Freshwater Commissioner for the newly established Freshwater Planning Process (FPP). Environment Minister David Parker today also announced the appointment of Chief Environment Court Judge Laurie Newhook as the ...
    BeehiveBy beehive.govt.nz
    24 hours ago
  • Appointment of Judge of the High Court
    Auckland Queen’s Counsel Neil Campbell has been appointed a Judge of the High Court, Attorney‑General David Parker announced today. Justice Campbell graduated with a BCom and LLB (Hons) from the University of Auckland in 1992. He spent two years with Bell Gully Buddle Weir in Auckland before travelling to the United ...
    BeehiveBy beehive.govt.nz
    24 hours ago
  • Feedback sought – Commercial Film and Video Production Facilities
    The Associate Minister for Greater Christchurch Regeneration, Poto Williams, is seeking feedback on a proposal to better enable the development and operation of commercial film and video facilities in Christchurch. The Proposal, developed by Regenerate Christchurch in response to a request from Christchurch City Council, asks that powers under section ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Govt launches bold primary sector plan to boost economic recovery
    The Government has launched a bold plan to boost primary sector export earnings by $44 billion over the next decade, while protecting the environment and growing jobs. Prime Minister Jacinda Ardern today released Fit for a Better World – Accelerating our Economic Potential, a 10-year roadmap to unlock greater value ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Wellbeing of whanau at heart of new hub
    A new approach to prevent family harm that encourages greater collaboration across government and community groups is being celebrated at the opening of a new facility in Auckland. Prime Minister Jacinda Ardern today opened the Multi-Disciplinary Family Harm Prevention Hub Te Taanga Manawa in Lambie Road in Manukau. The facility ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • New Report on Auckland Port Relocation
    The Government has released a major new report on the options for relocating the Port of Auckland’s freight operations while deferring any decision on the issue. “That decision needs to be informed by policy analysis that is still to be completed. As a result it will be up to a ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Dual place names for Te Pātaka-o-Rākaihautū / Banks Peninsula features
    The history of Rāpaki is being restored through the inclusion of te reo in thirteen official place names on Te Pātaka-o-Rākaihautū / Banks Peninsula and around Lyttelton Harbour/Whakaraupō, the Minister for Land Information, Eugenie Sage, announced today.   “I am pleased to approve the proposals from Te Hapū o Ngāti ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Government and Air New Zealand agree to manage incoming bookings
    Bookings for seats on Air New Zealand flights into New Zealand will be managed in the short term to ensure the Government is able to safely place New Zealanders arriving home into a managed isolation or quarantine facility, says Housing Minister Megan Woods.  “Last week Air Commodore Darryn Webb and I ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • $80 million for sport recovery at all levels
    Grant Robertson has today announced the first major release of funding from the $265 million Sport Recovery Package announced at Budget 2020.  “Today we’re setting out how $80 million will be invested, with $54 million of that over the 2020/2021 financial year for organisations from community level through to elite ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Keeping ACC levies steady until 2022
    The Government is maintaining current levy rates for the next 2 years, as part of a set of changes to help ease the financial pressures of COVID-19 providing certainty for businesses and New Zealanders, ACC Minister Iain Lees-Galloway says. “New Zealanders and businesses are facing unprecedented financial pressures as a ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Extended loan scheme keeps business afloat
    Small businesses are getting greater certainty about access to finance with an extension to the interest-free cashflow loan scheme to the end of the year. The Small Business Cashflow Loan Scheme has already been extended once, to 24 July. Revenue and Small Business Minister Stuart Nash says it will be ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • New investment creates over 2000 jobs to clean up waterways
    A package of 23 projects across the country will clean up waterways and deliver over 2000 jobs Prime Minister Jacinda Ardern and Environment Minister David Parker announced today. The $162 million dollar package will see 22 water clean-up projects put forward by local councils receiving $62 million and the Kaipara ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Speech to Labour Party Congress 2020
    Tena koutou katoa  Nga tangata whenua o tenei rohe o Pōneke, tena koutou Nau mai, haere mai ki te hui a tau mo te roopu reipa Ko tatou!  Ko to tatou mana!  Ko to tatou kaupapa kei te kokiri whakamua  Tena koutou, tena koutou, tena tatou katoa   Welcome. I ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • PGF top-up for QE Health in Rotorua
    The Provincial Growth Fund (PGF) is investing $1.5 million to ensure QE Health in Rotorua can proceed with its world class health service and save 75 existing jobs, Under Secretary for Regional Economic Development, Fletcher Tabuteau announced today. The PGF funding announced today is in addition to the $8 million ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Building a more sustainable construction sector
    A new programme, which sets a firm course for the Building and Construction sector to help reduce greenhouse gas emissions, has been announced by the Minister for Building and Construction Jenny Salesa. “A significant amount of New Zealand’s carbon emissions come from the building and construction sector.  If we’re serious ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • PGF funds tourism boost in Northland
    The Provincial Growth Fund is investing more than $7.5 million in Northland ventures to combat the economic impact of the COVID-19 virus, Deputy Prime Minister Winston Peters and Regional Economic Development Minister Shane Jones have announced. The Provincial Growth Fund (PGF) investment is going to the Northern Adventure Experience and ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Four new projects announced as part of the biggest ever national school rebuild programme
    Prime Minister Jacinda Ardern and Education Minister Chris Hipkins today announced significant funding for Auckland’s Northcote College as part of the first wave of a new nationwide school redevelopment programme to upgrade schools over the next 10 years. The $48.5 million project brings the total investment in Northcote College to ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • COVID-19: Support to improve student attendance and wellbeing
    The Government has opened an urgent response fund to support schools and early learning services to get children and young people back on track after the Covid-19 lockdown. “While we are seeing improvements in attendance under Alert Level 1 Ministry of Education data shows that attendance rates in our schools ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Fast-track consenting law boosts jobs and economic recovery
    The law to boost the economic recovery from the impact of COVID-19 by speeding up resource consenting on selected projects has passed its second and third readings in the House today. “Accelerating nationwide projects and activities by government, iwi and the private sector will help deliver faster economic recovery and ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Whanganui Port gets PGF boost
    Five port-related projects in Whanganui will receive a $26.75 million Provincial Growth Fund investment to support local economic recovery and create new opportunities for growth, Regional Economic Development Minister Shane Jones announced today. “This is a significant investment that will support the redevelopment of the Whanganui Port, a project governed ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • More support for Sarjeant Gallery
    Whanganui’s Sarjeant Gallery will receive an investment of up to $12 million administered by the Provincial Growth Fund to support its redevelopment, Regional Economic Development Minister Shane Jones announced today. The project is included in a $3 billion infrastructure pipeline announced by Finance Minister Grant Robertson and Shane Jones yesterday. ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Funding for training and upskilling
    The Provincial Growth Fund is investing nearly $2.5 million into three Te Ara Mahi programmes to support Manawatū-Whanganui jobseekers and employees to quickly train and upskill, Regional Economic Development Minister Shane Jones announced today. “Up to 154 local people will be supported into employment within the first year by these ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Statement from the Minister of Health Dr David Clark
      This morning I have formally tendered my resignation as Minister of Health, which was accepted by the Prime Minister. Serving as Minister of Health has been an absolute privilege – particularly through these extraordinary last few months. It’s no secret that Health is a challenging portfolio. I have given ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Scholarship placements for agricultural emissions scientists doubles
    Scholarships for 57 early-career agricultural emissions scientists from 20 developing countries is another example of New Zealand’s international leadership in primary sector sustainability, says Agriculture Minister Damien O’Connor. Mr O’Connor, announcing the scholarships today, says hundreds of applications were received for this fourth round of the CLIFF-GRADS programme (Climate, Food ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Funding for Foxton regeneration
    A project to help rejuvenate the Horowhenua town of Foxton will receive a Provincial Growth Fund investment of $3.86 million, Regional Economic Development Minister Shane Jones announced today. “This funding for the Foxton Regeneration project will be used to make the well-known holiday town even more attractive for visitors and ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Plan to improve protection of moa bones
    Moa bones and other sub-fossil remains of extinct species are set to have improved protection with proposals to prevent the trade in extinct species announced the Minister of Conservation Eugenie Sage today. “We have lost too many of our native species, but these lost species, such as moa, remain an ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Free lunches served up to thousands of school children in the South Island
    The Government’s free and healthy school lunches programme moves south for the first time creating jobs for around 30 people in Otago and Southland. “Eighteen schools with 3000 students are joining the programme – 11 have already begun serving lunches, and seven are preparing to start during Term 3. This is ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Screen Sector recovery package protects jobs, boosts investment
    Thousands of Kiwi jobs and investment in New Zealand productions will be protected through a screen sector support package announced today by Associate Minister for Arts Culture and Heritage Carmel Sepuloni, Minister for Economic Development Phil Twyford and Minister for Broadcasting Kris Faafoi. The package also includes investment in broadcasting ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • New fund to help save local events and jobs
    The Government has established a new $10 million fund for the domestic events sector to help save jobs and protect incomes as it recovers from the impacts of COVID-19, Minister of Economic Development Phil Twyford announced today. This funding from Budget 2020 follows talks with the event sector designed to ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Bill to improve fuel market competition
    The Government has taken another step in its commitment to making sure New Zealanders get a fairer deal at the petrol pump with the introduction of legislation to improve competition in the retail fuel market, says Energy and Resources Minister Megan Woods. “The fuel market study that this Government ordered ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • New Zealand joins global facility for pre-purchase of COVID-19 Vaccine
    New Zealand has joined a global initiative that aims to enable all countries to access a safe and effective Covid-19 vaccine, Foreign Affairs Minister Winston Peters announced today. The COVAX Facility was recently launched by Gavi, the Vaccine Alliance. The Alliance includes the World Health Organization, UNICEF, the World Bank ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Right to legal representation in Family Court restored today
    From today new legislation takes effect to both restore the right to legal representation at the start of a Care of Children (CoCA) dispute in the Family Court, and allow parties to those proceedings to access legal aid where eligible. During a visit to the Family Court in Auckland today, ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Transitioning to a fully-qualified home-based ECE workforce
    Home-based early childhood education (ECE) subsidised by the government will transition to a fully qualified workforce by 2025 to ensure better and more consistent quality, Education Minister Chris Hipkins announced today. “Quality early learning helps provide children with a strong foundation for their future,” Chris Hipkins said. From 1 January ...
    BeehiveBy beehive.govt.nz
    1 week ago