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Oram on Nats’ economic bungles

Written By: - Date published: 8:44 am, August 19th, 2013 - 59 comments
Categories: economy, national - Tags: , ,

The first of two required reading pieces from the weekend. Financial journalist Rod Oram sums up the Nats’ economic performance in an excellent piece in the SST. Here are some extracts:

Full speed going backwards

…Our driverless Government is taking us for a ride. Guided by damage control, it is running amok over good governance, democracy and even its own policies and principles. … Prime Minister John Key prides himself on pragmatism. But his quick fixes, shortcuts and deals are piling up in a mass of contradictory and counter-productive actions.

First, the Government says it wants to help more first-time home buyers by expanding the Welcome Home programme it slashed in its first term. It is also easing the rules for using KiwiSaver funds for deposits, even though KiwiSaver is meant to encourage people to broaden their investments beyond the housing market. Those actions will increase demand for housing, thereby fuelling the damaging housing boom. …

Second, the Government says it wants to help increase the supply of housing by allowing open slather on subdivisions. But that will only make it harder for councils to deliver good urban development and efficient infrastructure, two crucial factors in making housing more affordable.

Third, the Government says it has brought certainty to the workers of the Tiwai Point smelter and investors in Meridian Energy by paying Rio Tinto $30 million to agree to a new electricity deal with Meridian. But the money, which breaks one of National’s much-cherished principles of no subsidies, does neither. The deal does nothing to secure the huge investment the elderly smelter urgently needs to regain its competitiveness. …

Fourth, these uncertainties in the electricity market continue to depress shares in Mighty River Power. It has yet to recover to its $2.50 float price. Despite investors sitting on a loss on MRP and the continuing threats hanging over the market, the Government is determined to float Meridian in October. It says such SOE sales are designed to encourage new retail investors into the stock market, while bolstering its own finances. But the poor showing of MRP, and thus the need to sharply discount Meridian to attract buyers, undercuts both goals.

Fifth, ultra-fast broadband (UFB) is another flagship policy of the Key Government. It is stumping up $1.35 billion to help fund the rollout of fibre to deliver it, with Chorus the main corporate recipient. … Telecommunications Minister Amy Adams is planning to intervene with a price up to four times higher than the regulator’s. Other telcos are complaining bitterly that this would inflate Chorus’ profits and share price, and reduce their ability to compete. …

Sixth, the Government has announced radical changes to the Resource Management Act. It says they will reduce uncertainty, legal wrangling and delays in the consenting progress. Some of the additional minor changes would be useful and are widely supported. But it is carving the heart out of the act. It will remove from Part 2, the purpose and priorities of the act, any reference to environmental bottom lines or aspects such as public amenity. This means the environment will take its chances alongside economic development, landowner’s rights and other considerations. …

Seventh, Key says that, once the Fonterra-tainted whey inquiries are completed, he will “travel to China and look down the barrel of their television cameras with the answers as to why this happened, give consumers confidence that it’s been fixed and all issues have been identified”. … He will damage, not rebuild, confidence in New Zealand.

If Key feels like apologising, he should start at home. Having ditched its roadmap of policies and principles, the Government is taking the public for a scary ride. It is getting more reckless by the day.

Go read the whole piece in the SST.

59 comments on “Oram on Nats’ economic bungles”

  1. mickysavage 1

    [Pssst it was in the SST]

    Excellent analytical piece by Oram. Government MPs should be strapped into chairs with their eyelids held open and forced to read this.

  2. vto 2

    The changes to the RMA are the ones that concern me. They are fundamental and they will have a significant effect on the environmental effects of proposals over many years…. unless it is changed back by the next government.

    • mickysavage 2.1

      Agreed.

      Amy Adams was on the Nation on the weekend and was trying to minimise the changes. She is totally wrong.

      Out of the principles of the RMA the Government is proposing to remove the ethic of stewardship, the maintenance and enhancement of amenity values, the maintenance and enhancement of the quality of the environment and consideration of any finite characteristics of natural and physical sources.

      This is head in the sand blind ideology thinking that we do not live on a world with finite resources.

      These guys have to be voted out of office before they wreck the place.

    • Macro 2.3

      Absolutely agreed vto the proposed changes to Part 2 are environmental vandalism at its worst. They must be repealed. National are nothing more than vandals and the sooner they are gone the better for humanity and the environment.

    • Macro 2.4

      Absolutely agreed vto the proposed changes to Part 2 are environmental vandalism at its worst. They must be repealed. National are nothing more than vandals and the sooner they are gone the better for humanity and the environment.

    • Bearded Git 2.5

      We are making the RMA a local election issue in the Queenstown Lakes District Council because the outstanding natural landscapes in this District will be wrecked by subdivision and development if the changes get through. This will appear in the Wanaka Messenger tomorrow:

      Council Response to Drastic Changes to RMA Pathetic

      The following was presented to council by UCES’s President last week at Public Forum:
      “The government is in the process of “gutting the RMA”. These are not my words, they are the words of respected financial commentator Rod Oram in last week’s Sunday Star Times. 13277 submissions were received from the public on the proposed changes to the Act- 99% opposed the changes.
      The changes allow new subdivision and development anywhere and everywhere unless a council expressly restricts this through a plan rule. The QLDC has a discretionary regime in its DP for subdivision and development which means no subdivision is expressly restricted. This change is a recipe for urban sprawl and ad hoc rural subdivision anywhere in the mountains and along around lakes and rivers in this District. This has the potential to devastate the landscape values-values that that this District largely relies upon for its economic wellbeing.
      Anyone who has a secluded rural residence should be scared because under the changes a subdivision will be able to be dumped next to you as of right.
      Commissioners at QLDC resource consent hearings will be powerless to decline subdivision and development. Council’s power to control adverse effects will be massively reduced. The changes overturn decades of planning law.
      There are major changes to s.6 and s.7 of the Act that will dilute provisions relating to matters of national importance. The requirements to maintain and enhance “amenity values” and the “quality of the environment” are deleted.
      There is a new requirement that Outstanding Natural Landscape (ONL) must be “specified”. In this District there is a gradual process taking place to identify landscape categorization boundaries through the Court. This process is far from complete. The changes will mean that large areas of ONL currently non-specified in the QLDC will be removed from protection from inappropriate subdivision and development.
      The changes reduce public participation. Councils currently notify only 4 to 6 per cent of applications for public submissions and only 1% of applications are appealed. The changes further reduce the need to publicly notify applications and further limit who is an affected party. The changes also further limit matters that submitters can comment on.
      The changes to the Act are based on ideology rather than any evidence of the need for change. They will make 22 years of case law largely irrelevant.
      The Society respectfully asks that when the Bill goes through the Select Committee process the QLDC submits in opposition to the changes described above especially any that reduce the protection of landscapes from inappropriate development.
      Council’s response has been through QLDC policy and planning general manager Marc Bretherton in the Central Otago News: “Council’s approach is to adopt a watching brief. These matters will be traversed by councils throughout New Zealand with deeper pockets. The council will participate where we see value in doing so to advance the interests and protect the values of this District.”

      Council proposes to do nothing because it doesn’t have the money. Future participation will be irrelevant as the bill will be progressed through parliament soon. This is a pathetic response-it pretends that the massive changes to landscape and lifestyles of people in this District resulting from the Resource Management Reform Bill is not worth $2,000 of planner’s time.

      The Society proposes this week to ask all of the 23 council and mayoral candidates at the upcoming election the following question:

      “Would you support council submitting to select committee in opposition to changes contained in the Resource Management Reform Bill where they will significantly reduce the protection of landscapes in this District from inappropriate subdivision and development. Please answer Yes or No.”

      The Society will publish the responses in the Messenger in 2 weeks time. If a candidate does not respond this will be taken as a “No” response.

      UPPER CLUTHA ENVIRONMENTAL SOCIETY, PO Box 443, Wanaka uces@xtra.co.nz

      I suggest other Districts similarly target their local council candidates.

  3. karol 3

    Yes Oram doesn’t hold back and focuses on the important issues of policy – unlike Colin Espiner in Sunday’s SST – praising Key as a politician at the peak of his powers, and for demolishing John Campbell – then ending with a small aside that the GCSB Bill is bad law passed in haste.

    Espiner says:

    But Key is coming into his own as a politician of considerable skill and finesse.
    […]
    The fact that Key is at the very peak of his powers will see the spying bill passed without too much fuss…

    Surely this makes Key a con man at the peak of his slippery powers, and not a brilliant politician?

    And the Chinese, on the attack over Fonterra, can’t be pleased at Key changing the GCSB Bill to please his US-Echelon masters?!

    • Veutoviper 3.1

      On your last para, Karol, I took a quick look at this special on TDB last night on the “China Issue” but was too tired to take it in properly. But the little I did read suggests that China is not happy with the GCSB/US situation – nor presumably the TPPA possibilties. [I heard that Groser has left for more TPPA discussions with pressure on to conclude the agreement by October. ]

      http://thedailyblog.co.nz/2013/08/18/special-feature-for-china-is-the-gcsb-bill-one-insult-too-many/

      • Rogue Trooper 3.1.1

        yes, wandered through that informative, if a little long, piece yesterday for my sins.

      • karol 3.1.2

        Yes, Veuto, I had that in mind with my comment above. I also have only skimmed it – after a day at work I was feeling a little jaded – on my must read and digest list.

    • Bunji 3.2

      makes Key a con man at the peak of his slippery powers, and not a brilliant politician

      karol: Colin Espiner probably sees those two as the same thing.

    • Macro 3.3

      Yes I read that Op Piece by Espiner in disbelief! Talk about fuzzy logic! How can anyone honestly praise someone for being a brilliant politician and at the same time be critical of the their Law making? Surely the definition of a good politician is the fact that they introduce policies and laws that protect the rights of individuals not trample over them.

      • Draco T Bastard 3.3.1

        How can anyone honestly praise someone for being a brilliant politician and at the same time be critical of the their Law making?

        It seems that, in Espiner’s world, being a brilliant politician means being able to lie smoothly.

  4. bad12 4

    Rod Oram is always a good read or a listen to on His regular spots on RadioNZ Natioanal, His is not the dry economics of % of this that the other, we always get an explanation from Oram of how He has arrived at the economic conclusions he shares with us,

    i will tho disagree on one point that Rod makes in this article, his assertion that should the Tiwai Point aluminum smelter close electricity prices will be forced to drop,

    Rod of course is talking from a point of their being an actual free market operating within the electricity generators and the various retailers, this in my opinion is not the current practice, electricity pricing in New Zealand is a matter of ‘Cartel Price Fixing’, there is in fact no apparent competition based upon price evident anywhere among the major retailers…

  5. tracey 5

    They lie. People swallow. Nats win next election.

  6. Bob 6

    First: “Those actions will increase demand for housing, thereby fuelling the damaging housing boom”
    So what you are saying is first home buyers should be deterred from purchasing because they will make housing more expensive? Talk about damned if you do, damned if you don’t!

    Second: “the Government says it wants to help increase the supply of housing by allowing open slather on subdivisions. But that will only make it harder for councils to deliver good urban development and efficient infrastructure, two crucial factors in making housing more affordable.”
    All well and good, but councils have had years to come up with effective development plans, it hasn’t worked so now it is time for central government to step in, again damned if you do, damned if you don’t!

    Third: “the Government says it has brought certainty to the workers of the Tiwai Point smelter and investors in Meridian Energy by paying Rio Tinto $30 million to agree to a new electricity deal with Meridian. But the money, which breaks one of National’s much-cherished principles of no subsidies, does neither. The deal does nothing to secure the huge investment the elderly smelter urgently needs to regain its competitiveness”
    Think of this around the other way, the government doesn’t step in and 800 people and their families are directly affected, while another ~2000 people and their families are indirectly affected in the Southland region. If it was revealed it would only cost $30M to save all of those jobs for at least 3 years to give the Aluminium price time to recover, and they didn’t do it, could you imagine the uproar. Again damned if you do, damned if you don’t!

    Fourth: “these uncertainties in the electricity market continue to depress shares in Mighty River Power. It has yet to recover to its $2.50 float price”
    I fear this has more to do with Labour/Greens electricity policy more than anything the current government has done!

    Fifth: ultra-fast broadband (UFB), “Telecommunications Minister Amy Adams is planning to intervene”
    She is planning to intervene, so she hasn’t intervened, but she may intervene…..possibly, so the government is contradicting itself by apparently thinking of maybe doing something in the future. Top marks there.

    Sixth: “the Government has announced radical changes to the Resource Management Act”
    For the most part these are populist changes, however, the changes to part 2 do go too far. On this I am in agreeance.

    Seventh: “Key says that, once the Fonterra-tainted whey inquiries are completed, he will “travel to China and look down the barrel of their television cameras with the answers as to why this happened, give consumers confidence that it’s been fixed and all issues have been identified”. … He will damage, not rebuild, confidence in New Zealand”
    This is a fairly pointed, entirely political assumption! Just last week a number of people here were saying John Key only came across well (to those who had both eyes open) on Campbell Live because he had good media training, now this states he won’t come across well……..for no reason??? John Key is constantly under-estimated by opposition, you may not like what he stands for politically, but the one thing he can do is make an audience listen. Also, if he didn’t front in China to reassure our now biggest trading partner that we are still a safe nation to trade with he would be chastised! Again damned if you do, damned if you don’t!

    • karol 6.1

      Again damned if you do, damned if you don’t!

      I’d rather John Key just didn’t & packed his bags for a permanent retirement in Hawaii. He’s making one big mess of NZ that will take decades for others to clean up.

    • vto 6.2

      Bob

      “”First: “Those actions will increase demand for housing, thereby fuelling the damaging housing boom”
      So what you are saying is first home buyers should be deterred from purchasing because they will make housing more expensive? Talk about damned if you do, damned if you don’t!””

      No that is not what is being said. You should stop assuming. Try again.

      “”Second: “the Government says it wants to help increase the supply of housing by allowing open slather on subdivisions. But that will only make it harder for councils to deliver good urban development and efficient infrastructure, two crucial factors in making housing more affordable.”
      All well and good, but councils have had years to come up with effective development plans, it hasn’t worked so now it is time for central government to step in, again damned if you do, damned if you don’t!””

      No that is not the situation at all. You are confused as to what has not worked.

      “”Third: “the Government says it has brought certainty to the workers of the Tiwai Point smelter and investors in Meridian Energy by paying Rio Tinto $30 million to agree to a new electricity deal with Meridian. But the money, which breaks one of National’s much-cherished principles of no subsidies, does neither. The deal does nothing to secure the huge investment the elderly smelter urgently needs to regain its competitiveness”
      Think of this around the other way, the government doesn’t step in and 800 people and their families are directly affected, while another ~2000 people and their families are indirectly affected in the Southland region. If it was revealed it would only cost $30M to save all of those jobs for at least 3 years to give the Aluminium price time to recover, and they didn’t do it, could you imagine the uproar. Again damned if you do, damned if you don’t!””

      No that is not what Oram is saying. He is pointing out the sheer hypocrisy of Key and English in “picking winners”, which they rail against unless it helps their personal politics. He is also pointing out that this corporate welfare in fact does nothing to save jobs as the smelter is doomed. The people get an extra 18 months only

      • Bob 6.2.1

        VTO
        “No that is not what is being said. You should stop assuming. Try again.”
        Please explain the situation to me. When I read “Those actions will increase demand for housing, thereby fuelling the damaging housing boom” in relation to first home buyers, I see political point scoring, not economic analysis.

        “No that is not the situation at all. You are confused as to what has not worked”
        So councils haven’t had years to come up with effective development plans? Or its not time for central government to step in? Those are the only two points I made in my statement, so I am confused by your response.

        “No that is not what Oram is saying. He is pointing out the sheer hypocrisy of Key and English in “picking winners”, which they rail against unless it helps their personal politics. He is also pointing out that this corporate welfare in fact does nothing to save jobs as the smelter is doomed. The people get an extra 18 months only”
        Correct, that is what Oram is saying, and I am saying look at this the other way, what would you say if the government let the smelter shut? Would you have congratulated the government for walking away from the smelter and letting it close? If not, then my statement is correct, damned if you do, damned if you don’t!

        • One Anonymous Knucklehead 6.2.1.1

          The government could have said “we’ll let the smelter close, which will mean job losses, but we are going to save $Xbn in power costs by doing this, and get $Ybn in extra tax revenue, so we are going to put $Zbn into the region to boost the employment market there.”

          But that would require a pro-New Zealand approach to policy.

          • Colonial Viper 6.2.1.1.1

            The $Ybn in extra tax revenue – is that from a tax increase? They will argue that closing the smelter means that the public balance sheet takes a big hit (financial value of Meridian and all other power assets declines), as well as a reduction in profitability of all generating assets – hits to the government’s revenue stream.

            • One Anonymous Knucklehead 6.2.1.1.1.1

              Nope – from the bigger profits brought on by lower power prices across the whole economy.

    • karol 6.3

      but councils have had years to come up with effective development plans, it hasn’t worked so now it is time for central government to step in, again damned if you do, damned if you don’t!””

      Huh!? Auckland (supercity) Council went live in Oct 2010 – they have come up with comprehensive plans and are engaging in public consultation – Key’s government wants to step in and stop that in order to insert their damaging plan.

      • Bob 6.3.1

        Huh!? Are you saying all seven local councils that merged into the Auckland (supercity) Council all had comprehensive plans in place prior to the merge? What about every other council in the country (excluding Chch as plans have obviously changed down there)? Or does your entire rebuttal revolve around one city’s council merge?

        • karol 6.3.1.1

          In my area, New Lynn, Waitakere City Council had comprehensive development plans, already being built, then along cam Auckland Council, and continued many.

          My main knowledge is around Auckland Council – and it’s a major development issue on a national scale – it’s one where the government has stepped in. So you want to just ignore the biggest council in NZ to justify your original claim?

    • Murray Olsen 6.4

      I can imagine Key saying that he’s not worried about Fonterra and that the Chinese regulatory agencies are all wrong will go down very well on Chinese television. His Crosby Textor training is all about how to make a Kiwi audience listen and think what a nice guy he’d be to have around for a barbecue. It’s just possible this won’t go down too well in China, where scientists and other academics are respected above spinners of idiotic anecdotes.

      I’d rather he didn’t go anywhere near China, but let MAF handle it, but that may not be an option since the Tories stripped that department bare as well.

  7. tracey 7

    Bob

    what makes you think lowering developers fees will be passed onto home buyers? In my experience developers will pocket it as profit.

  8. pollywog 8

    As it relates…

    Shades of Leaky building syndrome?

    http://www.stuff.co.nz/business/money/9047287/Council-development-costs-restricted

    By allowing the government to veto council development “contributions” currently paid by developers in a bid to lower costs passed on to home buyers, are we opening up the possibility for property developers to allow sub standard planning and materials which local bodies may have to pick up the charges for and remedy in the future? The cost of which will inevitably be passed on and paid for by the existing ratepayer in the form of exorbitant increases that already exceed the rate of inflation.

    And what guarantee will the government put in place to ensure that the developer will pass that current council development contribution saving on to the homebuyer?

    If local councils are to maintain, replace and upgrade current infrastructure to keep pace with population growth and technological progress, then a premium cost needs to be factored in to the price of new housing to reflect that, along with the environmental and social cost. It guarantees home buyers the satisfaction of knowing their property is futureproofed for some time to come and could hold developers to account for their work in any future insurance wrangles.

    No one wants to be replacing a burst sewer pipe or water mains to a new home within 10 years because the current government saw fit to play fast and loose in vetoing local council bylaws in favour of unscrupulous developers looking to save a buck and cut legislative corners.

    First world infrastructure comes with a first world price tag.The price may add to the cost of a new home but it also adds value. to your property, which in turn adds value to the community and the region

    By the same token, local councils shouldn’t use the Resource Management Act or Development levies as a means to gouge ratepayers and citizens. Either way, failed anecdotes are not evidence of a need to gut the Resource.Management Act in favour of economic development at the risk of polluting the environment further or detracting from the regions attractiveness. Nor should it give central government carte blanche to ride roughshod over local democracy and reduce council’s effectiveness in their regions by further centralizing power in Wellington through the Local Government Reform Bill to be introduced this year.

    I have a positive vision of how ethical government, both local and central should be, and it starts with us as individuals making informed choices and taking personal responsibility.

    • vto 8.1

      I think you are confusing two things there mr polly. Firstly, like foreign ownership, restricted land supply, building supplies cartels… so too do development contributions put the cost of housing up – and significantly. Each component of the housing supply cost structure needs to be attacked, which is slowly being realised and attended to. This is one of them.

      The things that development contributions are supposed to pay for have in the past been paid for by all home owners using them, which is as it should be. The current system means that the whole cost of those things is paid for by the first home owner, which is not right.

      The above has nothing to do with quality of work.

      • pollywog 8.1.1

        I think you are confusing two things there…

        Only 2 🙂

        I’m saying Local councils know best what the true costs of maintaining first world infrastructure is and that is factored into the development contribution of a new house.

        New homebuilders should accept that there is a Council premium to be paid to tap into existing infrastructure and allow for upgrading as well.

        It just seems like a Wellington power grab to weaken local bodies in favour of developers looking to grease Central gov’ts palms and get a sly backhander in the process, while also being seen to be doing something about lowering house prices.

        But really, it’s all smoke and mirrors stuff and if it turns to shit, it’ll be the rate payer and council who will pick up the tab to fix it not the gov’t or the developer..

        • vto 8.1.1.1

          The problem with current development contributions is that the first homeowner pays all of the cost of, for example, the sewer system that relates to that house whereas it should be spread over all homeowners who use that sewer system (through rates as had been the case in the past).

          This recent practice distorts the cost of housing.

          There is no argument about providing first world infrastructure or requiring homeowners to pay for it. It is the manner in which this is achieved that unreasonably puts the price of housing up.

          In addition, the quality of the work has nothing to do with development contributions.

          • pollywog 8.1.1.1.1

            The problem with current development contributions is that the first homeowner pays all of the cost of, for example, the sewer system that relates to that house whereas it should be spread over all homeowners who use that sewer system (through rates as had been the case in the past).

            Think of it as a connection fee like getting your phone on and then paying line charges thereafter. Developers are going to charge for it anyway and not pay it to the council or pass the savings on if they’re not forced to by law.

            If there is no development contribution to council, they won’t in principle have to monitor developers for compliance with codes and open the possibility for them to allow substandard planning, materials and workmanship.

            • vto 8.1.1.1.1.1

              Except that what is paid for is a connection fee, line charges, and the actual line installation costs all when you first get your phone on. That is the analogy.

              “Developers are going to charge for it anyway and not pay it to the council or pass the savings on if they’re not forced to by law.” That is not the way it works. Business will lower prices if they can while maintaining the same margins, in order to compete and sell their products. What you suggest there is simply not the case.

              Your last paragraph polly is also simply wrong. Any person building any such structure requires a building consent which complies with building code which is monitored by council inspectors for compliance. It bears no relation to financial contributions.

              • pollywog

                Any person building any such structure requires a building consent which complies with building code which is monitored by council inspectors for compliance. It bears no relation to financial contributions.

                Housing Minister Nick Smith and Local Government Minister Chris Tremain said they would restrict the charges developers paid to councils in a bid to lower costs passed on to home buyers.

                “We are going to narrow the charges councils can put on new sections, provide an independent objections process and encourage direct provision of necessary infrastructure to get costs down,” they said.

                Surely they’re implying they will also monitor compliance with codes themselves or trust developers to act in good faith ?

                Then it’ll be a case of letting the inmates run the asylum.

                It all relates directly to the contribution currently paid to Council.

                A commercial landlords group, the Property Council, said it had long campaigned for greater consistency in how local authorities calculated development contributions and on how the money was spent.

                “The existing policy frustrates affordable development and has done so for more than a decade,” chief executive Connal Townsend said.

                Development contributions were meant to be spent on essential infrastructure to support development but too often were being wrongly used to cross-subsidise other projects.

                Oooh yeah well that requires a law change then. Cos some privateer has a failed anecdote to trot out and justify it…pfffft

                • vto

                  Such private provision of, for example, sewer still requires the building consent process. The ability of the private sector to process such consents and to monitor construction and to issue code compliance at the end has been removed as an option following the abject failure of this system which was one of the causes of the leaky building syndrome.

                  Private provision of, for example, sewer is a good idea. Subdivision roading is already provided by the private developer and transferred to Council ownership on completion (and through this same building consent process). Recently had some involvement with a developer who was looking at having to pay the local council about 50% more than it would cost for a private sewer system to be installed in the subdivision. (i.e. around $15,000 compared to around $25,000 for Council system).

                  I don’t like this government and its underhand ways and deceptive manners but on this issue it is right and will help with bringing down the cost of housing.

                  • pollywog

                    Tremain said a law change would be included in the Local Government Reform Bill to be introduced this year

                    Development contributions needed to fairly balance the costs “that should rightly rest with a new development and those of community benefit that should be paid by general ratepayers”.

                    “There will always be pressure on councils over rates and we need a check on development contributions to ensure the new-home owner is not overcharged,” he said.

                    The check is to vote for more ethical local body politicians not change laws to weaken councils.

                    on this issue it is right and will help with bringing down the cost of housing.

                    Bet you it doesn’t 🙂

                    • vto

                      Well mr polly, it already has – in Christchurch, where such contributions have been canned for new residential around the CBD as part of the earthquake rebuild, asking prices have been lowered as a result. Fact (trust me).

                    • pollywog

                      Christchurch can be made an exception for pretty much anything.

                      Waiving council levies there is just an attempted sweetener to draw money in to what was already a dying cbd and surrounding shithole suburbs even before the earthquakes.

                      Seriously who the fuck wants to live in Sydenham, Richmond, Phillipstown or the non existent cbd itself ?

                      The smart money will move out and build by the airport.

                    • vto

                      May well do. However the effect of dropping council contributions has been lower prices and that is the point.

                    • pollywog

                      So new home prices in Christchurch have dropped by an average of 14 000 because of reduced council contributions and we can expect the same across the board when the gov’t starts over riding council consent procedures ?

                      I beg to differ…

                      Christchurch’s median house price has hit a record $381,250 as buyers continue to compete for properties.

                      http://www.stuff.co.nz/the-press/business/your-property/8787178/Median-house-price-hits-record

                      You’re missing the point, and that is National are going to weaken councils and change laws because of vested interest anecdotes. You can pretty much guarantee new house prices will increase in the next year regardless of whether developers pay a council levy or not.

    • Rogue Trooper 8.2

      raining ideas. 🙂

      • Greywarbler 8.2.1

        Trouble to make any impact on those in the driving seat the drops need to expand in size to hailstones as big as golf balls. Having a thick skull and skin seems a core necessity for such.

  9. tracey 9

    Plus 1

    developers escaped largely unscathed from the leaky home abomination, especially when compared to builders yet their financial decisions dictated quality and price of materials systems and labour.

    funny how developers dont carry 10 years personal liability now like builders and designers.

  10. Wayne 10

    The Nats tend not take too much notice of Rod. If an economic commentator opposses everything you do, it is not likely you will listen to that person. If on the other hand he was selective, said good policy in these 4 areas, but bad in this 1, well that would be different.

    By the way the Nats do actually beleive in the value of what they do, in the same way that the Labourites beleive in what they do. However they are two different world views. Of course the Nats do consider they have more economic rationality on their side.

    • One Anonymous Knucklehead 10.1

      Yes, you display it ad nauseam, but I have a question. How are you measuring it? By GDP you’re a close second behind Labour, so what’s your benchmark? A higher GINI?

      • Greywarbler 10.1.1

        By the way the Nats do actually beleive in the value of what they do, in the same way that the Labourites beleive in what they do. However they are two different world views. Of course the Nats do consider they have more economic rationality on their side.

        I wonder how the NACTs would define economic rationality and how it guides their thinking and what outcomes it leads to that help in their task of running a modern country accountable to all citizens.

        This economic rationality is a term amongst a maze of rationality types on the net.
        But there were some books on rationality. One sounded like the NACTs type –
        “Accounting for rationality: double-entry bookkeeping and the rhetoric of economic rationality”.

    • pollywog 10.3

      National’s “short term gain, long term pain” ideology isn’t really economically rational though is it?.

    • Tracey 10.4

      He was outlining the “contradictory and counter-productive actions” which by definition will probably not favour the Government but he was by no means highlighting all government policy Wayne.

      “Of course the Nats do consider they have more economic rationality on their side.” Of course they do and they regard the UK and USA as running “looney” and “money printing” economic policies. The fools.

  11. Mary 11

    Add these seven things that’ve happened over just the past ten days to everything else that Key and this shonky government are doing and we have a very different New Zealand to what we had when Key lived in a state house and Bennett used the training incentive allowance to get her BA.

  12. peterlepaysan 12

    We have a greedy heartless government led by an american citizen who likes to brown nose his wall street and hollywood cronies, (sorry, I forgot chicago economists).

    Er, excuse me where is there any opposition?

    Greens maybe but unlikely to get enough to scare national.

    Mana? not with their nonsensical gst policy.

    Peters, same as the greens, neither of those groups would agree except to disagree.

    Dunne? Done his chips.

    Conservative party? If they play it correctly could be very significant.

    Pity that there are no other viable alternatives to the national party.

    Whether Key stays or goes will still leave us with a heartless wall street, hollywood, washington brown nosing national party in power.

    groan…

    where is the opposition?

  13. BrucetheMoose 13

    Like the government’s whole management of Christchurch and the ‘recovery’ is comming along superbly. Like a 747 that’s just dropped out of the sky and hit a fuel refinery.

  14. xtasy 14

    Yes, I heard Oram state pretty much the same on Radio NZ National a week ago, Tuesday last week. And he was so adament, that it was a stupid idea by the PM to go to China to basically apologise for the Fonterra stuff up. I have to agree with him totally, as that is not necessary.

    Apologising to a country and system, that had and still has its fair own dairy and food scandals, even more in numbers and frequency that little New Zealand, seems to be damned stupid idea. It is like inviting trouble. And on Monday this week, on Kathryn Ryan’s political commentators at 11 am, even damned Hooton agreed with Oram!!!

    So Oram is right again. He is not always right, but often he talks sense.

    Key seems to be keen to open up to a new large trading partner, that NZ has become too damned dependent on, and the country and people are paying the price now, with another scare published just yesterday.

    It is time to tidy up, to get things investigated and sorted, but also, to diversify in markets AND products, as this over dependence on basic dairy products is going to leave NZ too damned vulnerable. Value added manufacturing of high quality goods is needed, and if it cannot be done here by NZ companies and the government doing it themselves, better talk with the “devil” and invite investment from at least friendly countries. Many such in Europe are desperate for new investment in safe locations and markets, and they also have heaps to offer, that will benefit all involved.

    Do stop selling out to Mainland China, and do stop exposing the country and people to blackmail by one of the most corrupt and worst food standard delivering country there is, please. You would have to be an idiot to make yourself dependent on one such market. Only NZ First and Greens realised the dangers with the FTA with Mainland China. It is coming back to haunt NZ now. Forget the gold digger days, selling the “white gold” at ease!

  15. Greywarbler 15

    xtasy
    Gold rush, white gold rush, venison rush, deer horn rush, wine rush, free market rush, IT rush, surveillance rush – what other great ideas have we honed in on, abandoning previous ideas and procedural standards?

    We need new ideas but I think that analysis would show that those that get embraced would have similar attributes that group them away from the sustainable and secure multiple-employing group of both skilled and semi-skilled workers.

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  • COVID 19 has struck… as has a lot of terrible ineptitude from far too many
    In a world and a time when the worst off and most vulnerable have been asked, time and again, to foot the bill for the complete subjugating to the will of the 1% thanks to the GFC, at a point where the world as a whole is now seeing quite ...
    exhALANtBy exhalantblog
    2 weeks ago
  • What’s in the Coronavirus Package?
    With the economy already reeling from a crisis that’s barely begun, the Government today sought to provide reassurance to workers and businesses in the form of a massive phallic pun to insert much-needed cash into the private sector and help fight the looming pandemic. Here are the key components: $5.1 ...
    The CivilianBy admin
    2 weeks ago
  • I just had my benefit suspended during a fucking pandemic
    I am a member of the working poor and so still need state welfare to make rent. So I had booked an appointment for yesterday with my caseworker at Work and Income New Zealand (WINZ) to apply for a transition to work grant. However the current health advice in New ...
    PosseBy chloeanneking
    2 weeks ago
  • A good first step
    Today the government announced a financial package to deal with the effects of the pandemic. So far, it looks good: an initial $500 million for health to deal with immediate priorities, wage subsidies for affected businesses, $585 a week from WINZ for people self-isolating who can't work from home, and ...
    No Right TurnBy Idiot/Savant
    2 weeks ago

  • Week That Was: COVID-19 Alert Level 4
    The COVID-19 situation in New Zealand is moving fast - and to avoid what we've seen overseas - the Government's response must be to move fast too. We're committed to keeping New Zealanders safe and well-informed every step of the way. ...
    21 hours ago
  • SPEECH: Green Party Co-leader James Shaw – Ministerial statement on State of National Emergency an...
    Thank you, Mr. Speaker.  The scale of what we face right now is unlike anything we have ever seen before. Overcoming it is our common purpose. ...
    4 days ago
  • Winston Peters urging New Zealanders overseas to stay put
    Foreign Minister Winston Peters is encouraging New Zealanders overseas to stay where they are amid the COVID-19 pandemic. "We are reaching a point where the best option for most New Zealanders offshore is to shelter in place, by preparing to safely stay where they are.” "This includes following the instructions ...
    5 days ago
  • New Zealanders overseas encouraged to shelter in place
    Rt. Hon. Winston Peters, Deputy Prime Minister, Minister of Foreign Affairs Foreign Minister Winston Peters is encouraging the tens of thousands of New Zealanders travelling overseas to consider sheltering in place, in light of COVID-19.  “Since 18 March, we have been warning New Zealanders offshore that the window for flying ...
    5 days ago
  • Ground-breaking abortion law passes, giving NZers compassionate healthcare
    Ground-breaking law has passed that will decriminalise abortion and ensure women and pregnant people seeking abortions have compassionate healthcare. ...
    2 weeks ago
  • Package supports Kiwis to put collective health first
    The Green Party says that the measures announced by the Government today will help families and businesses to prioritise our collective health and wellbeing in the response to COVID-19. ...
    2 weeks ago
  • Winston Peters: COVID-19 rescue package ‘more significant’ than any worldwide
    As New Zealanders brace for a global downturn due to Covid-19, Deputy Prime Minister Winston Peters says his Coalition Government’s rescue package "more significant" than any other he's seen around the world. The Coalition is to reveal a multi-billion-dollar stimulus plan on Tuesday afternoon designed to cushion the economic blow ...
    2 weeks ago
  • Our response to COVID-19
    We know some people are feeling anxious about COVID-19. While the situation is serious, New Zealand has a world-class health system and we’re well-prepared to keep New Zealanders safe. ...
    2 weeks ago
  • ‘Demerit Points System’ will address youth crime
    Darroch Ball MP, Spokesperson for Law and Order A New Zealand First member’s bill drawn from the ballot today seeks to overhaul the youth justice system by instigating a system of demerit points for offences committed by young offenders. “The ‘Youth Justice Demerit Point System’ will put an end to ...
    2 weeks ago
  • Investment in kingfish farming
    Hon. Shane Jones, Minister for Regional Economic Development The Provincial Growth Fund is investing $6 million in a land-based aquaculture pilot to see whether yellowtail kingfish can be commercially farmed in Northland, Regional Economic Development Minister Shane Jones announced today. A recirculating land-based aquaculture system will be built and operated ...
    2 weeks ago
  • 1BT grants for Northland planting
    Hon. Shane Jones, Minister for Forestry Forestry Minister Shane Jones has announced two One Billion Trees programme grants of more than $1.18 million to help hapu and iwi in Northland restore whenua and moana. “Many communities around Aotearoa have benefited from One Billion Trees funding since the programme was launched ...
    2 weeks ago
  • New Zealand reaffirms support for Flight MH17 judicial process
    Rt. Hon. Winston Peters, Deputy Prime Minister, Minister of Foreign Affairs Ahead of the start of the criminal trial in the Netherlands on 9 March, Foreign Minister Winston Peters has reaffirmed the need to establish truth, accountability and justice for the downing of Flight MH17 ...
    2 weeks ago
  • PGF investment in green hydrogen
    Rt. Hon. Winston Peters, Deputy Prime Minister The Government is investing $19.9 million through the Provincial Growth Fund in a game-changing hydrogen energy facility in South Taranaki, Deputy Prime Minister Winston Peters announced today. “The development of alternative energy initiatives like this one is vital for the Taranaki region’s economy. ...
    2 weeks ago
  • Coronavirus support for Pacific
    Rt. Hon. Winston Peters, Minister for Foreign Affairs Foreign Affairs Minister Winston Peters says New Zealand is partnering with countries in the Pacific to ensure they are prepared for, and able to respond to the global threat of Coronavirus (COVID-19). “There are currently no confirmed cases of COVID-19 in the ...
    2 weeks ago
  • Green Party passes landmark law to ensure deaf and disabled voices heard equally in democracy
    Chlöe Swarbrick's Members Bill to support disabled general election candidates has passed into law. ...
    3 weeks ago

  • Tariff concessions on COVID-19 related products
    New Zealand will temporarily remove tariffs on all medical and hygiene imports needed for the COVID-19 response. Trade and Export Growth Minister David Parker and Commerce and Consumer Affairs Minister Kris Faafoi said today that the New Zealand Customs Service will apply tariff concessions to all diagnostic reagents and testing ...
    BeehiveBy beehive.govt.nz
    20 hours ago
  • Clarification of modification to wage subsidy scheme
    Minister of Finance Grant Robertson has clarified that the changes to the wage subsidy scheme announced yesterday mean that employers should be passing on the full subsidy to workers, except in the case where the person’s normal income is less than the level of the subsidy. “We still want employers ...
    BeehiveBy beehive.govt.nz
    22 hours ago
  • Face masks flowing to DHBs
    Medical face masks from the national reserve supply are now being distributed to District Health Boards, while at the same time local production is being ramped up. Yesterday more than 640,000 masks were sent to DHBS – that is an immediate two week supply, with more to follow in coming ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • COVID-19: Further steps to protect New Zealanders’ jobs
    The Government has made modifications to the wage subsidy scheme to ensure people don’t lose their jobs during the national lockdown. These changes will soften the impact of COVID-19 on workers, families and businesses, and position them to exit the lockdown and look to recovery, Finance Minister Grant Robertson says. ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Tax relief for Mycoplasma Bovis farmers
    Farmers whose herds were culled in response to the outbreak of Mycoplasma bovis will be able to minimise the tax treatment of their income in some circumstances. Revenue Minister Stuart Nash says Cabinet has agreed to change the law. It means farmers may be eligible to spread their income over ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • $27 million for NGOs and community groups to continue providing essential services
    A $27 million dollar package, effective immediately, is being provided to social sector services and community groups to ensure they can continue to provide essential support to communities as we stay at home as a nation to stop the spread of COVID-19, Minister for Social Development Carmel Sepuloni announced. “At ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Statement on guilty plea of March 15 terrorist
    “The guilty plea today will provide some relief to the many people whose lives were shattered by what happened on March 15,” Prime Minister Jacinda Ardern said. “These guilty pleas and conviction bring accountability for what happened and also save the families who lost loved ones, those who were injured, ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • COVID-19 updates
    The Prime Minister is holding daily press conferences to update New Zealanders on the Government's response to COVID-19. Links to videos and transcripts of these updates below. These transcripts also include All of Government press conferences led by Director Ministry of Health's Director-General of Health Dr Ashley Bloomfield. 25 March: Live update from the Prime ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Police numbers break through 10,000 mark
    Frontline Police numbers have broken through the 10,000 mark for the first time in history as officers step forward to keep the community safe during the COVID19 lockdown. “Two Police graduations in Auckland and Wellington in the past week have been conducted in unprecedented circumstances,” Police Minister Stuart Nash said. ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Urgent tax measures for economic recovery
    Urgent legislation has been passed to support the package of economic and social measures needed to recover from the impact of the coronavirus outbreak. “The COVID-19 Response (Taxation and Social Assistance Urgent Measures) Bill will cushion New Zealanders from the worst economic impacts of the COVID-19 outbreak,” said Revenue Minister ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Further support for farmers and growers as drought persists
    From tomorrow, Government support for farmers and growers affected by drought will be expanded and extended across the country, with access to Rural Assistance Payments (RAPS) available throughout the North Island, parts of the South Island and the Chatham Islands, Social Development Minister Carmel Sepuloni announced. “These challenging conditions have ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • COVID-19: Temporary changes to Education Act
    Parliament has passed amendments to legislation that give the Secretary of Education stronger powers to act in the fight to limit the spread of COVID-19, Education Minister Chris Hipkins said today. “They are part of a suite of changes passed under the COVID-19 Response (Urgent Management Measures) Legislation Bill,” Chris ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Canada, Australia, Chile, Brunei and Myanmar join NZ and Singapore in committing to keeping supply a...
    Canada, Australia, Chile, Brunei and Myanmar have joined forces with New Zealand and Singapore by committing to keep supply chains open and remove any existing trade restrictive measures on essential goods, especially medical supplies, in the face of the Covid-19 crisis.  Trade and Export Growth Minister David Parker today welcomed ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • COVID-19: Rent increase freeze and more protection for tenants
    Immediate freeze on rent increases Tenancies will not be terminated during the lock-down period, unless the parties agree, or in limited circumstances Tenants who had previously given notice can stay in their if they need to stay in the tenancy during the lock-down period Tenants will still be able to ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Working together to protect businesses and workers
    As New Zealand unites to lock-down in the fight against COVID-19, the Finance Minister is urging all businesses and workers to stay connected over the next four weeks. “We understand the extreme pressure many businesses are under right now. I know most business owners think of their workers as family ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • State of National Emergency declared to fight COVID-19
    A State of National Emergency has been declared across the country as the Government pulls out all the stops to curtail the spread of COVID-19. “Today we put in place our country’s second ever State of National Emergency as we fight a global pandemic, save New Zealanders’ lives and prevent ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Prime Minister’s statement on State of National Emergency and Epidemic Notice
    Mr Speaker I wish to make a Ministerial Statement under Standing Order 347 in relation to the recent declaration of a State of National Emergency. Having considered the advice of the Director Civil Defence Emergency Management, the Minister of Civil Defence declared a State of National Emergency for the whole of ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Deadline for domestic travel extended
    People needing to travel on domestic flights, trains and Cook Strait ferries to get home before the country moves into level 4 lock-down tomorrow night will be able to continue using the passenger services until midnight on Friday, Transport Minister Phil Twyford said today. Domestic passenger services, particularly ferries, have ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Mortgage holiday and business finance support schemes to cushion COVID impacts
    The Government, retail banks and the Reserve Bank are today announcing a major financial support package for home owners and businesses affected by the economic impacts of COVID-19. The package will include a six month principal and interest payment holiday for mortgage holders and SME customers whose incomes have been ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Government working to keep air freight moving
    Minister of Transport Phil Twyford has today announced details of the Government’s support package to keep key air freight moving and ensure New Zealanders retain access to essential goods during the four-week level 4 lockdown. “The Government is working with airlines and air freight operators to ensure New Zealand’s key ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • New Zealand moves to COVID-19 Alert Level 3, then Level 4 in 48 hours
    New Zealand moved up to COVID-19 Alert Level 3 – Restrict New Zealand to move up to COVID-19 Alert Level 4 – Eliminate, in 48 hours Two-staged approach to give people and businesses time to prepare  Level 3, from tomorrow Non-essential businesses must close All events and gatherings must be ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Prime Minister: COVID-19 Alert Level increased
    Good afternoon  The Cabinet met this morning to discuss our next actions in the fight against COVID-19.  Like the rest of the world, we are facing the potential for devastating impacts from this virus. But, through decisive action, and through working together, do we have a small window to get ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Govt takes significant economic decisions as NZ readies for Alert Level 4 in COVID-19 fight
    The Government is announcing significant further support for the economy, workers and businesses as the country unites to prepare for Alert Level 4 in the fight against COVID-19. Cabinet today agreed to remove the cap on the Government’s wage subsidy scheme, which will inject a further $4 billion into the ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Govt backs RBNZ move to support economy with lower interest rates
    The Government is backing the Reserve Bank’s latest action to support the economy by reducing longer-term interest rates, meaning lower costs for businesses and mortgage holders, and a lower currency to help our exporters. The Minister of Finance has signed a memorandum of understanding and a letter of indemnity with ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Government statement on commercial cooperation during COVID-19
    The Government has asked the Commerce Commission to take account of the exceptional circumstances created by COVID-19 when monitoring business behaviour in coming weeks.   “The purpose of my request to the Commerce Commission is to make sure businesses can work together in ways that will allow them to provide ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • New Zealand temporarily closes diplomatic posts in Barbados and Myanmar due to COVID-19
    The New Zealand Government has temporarily closed its High Commission in Bridgetown, Barbados and its Embassy in Yangon, Myanmar due to the COVID-19 pandemic, Foreign Minister Winston Peters says.   “Due to the increasing scarcity of air links in and out of Bridgetown and Yangon, and the pressure COVID-19 is placing ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Supporting Māori communities and businesses through
    Associate Health and Whānau Ora Minister Peeni Henare has today announced the Government’s plan to support Māori communities and businesses in the face of COVID-19. “Our Government’s $12.1 billion economic package will help many Māori whānau, workers and businesses, whether it’s through wage subsidies, income support and worker redeployment, or ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Guidelines for hospitality establishments released
    The Government and the hospitality industry have worked together to produce guidelines to assist with managing and reducing transmission of COVID-19, Health Minister David Clark announced today.  The guidelines developed between the Government, Hospitality New Zealand and SkyCity Entertainment Group, set out how the new restrictions on physical distancing and ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Nation steps up to COVID-19 Alert Level 2
    Four stage Alert System for COVID-19 announced New Zealand moved up to COVID-19 Alert Level 2 – Reduce Contact New Zealanders over 70 and those with certain medical conditions told to stay at home as much as they can to reduce risk of contact with the virus Workplaces to implement ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • PM Address – Covid-19 Update
    Kia ora koutou katoa I’m speaking directly to all New Zealanders today to give you as much certainty and clarity as we can as we fight Covid-19. Over the past few weeks, the world has changed. And it has changed very quickly. In February it would have seemed unimaginable to ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • NZ and Singapore commit to keeping supply and trade links open, including on essential goods and med...
    New Zealand and Singapore have jointly committed to keep supply chains open and to remove any existing trade restrictive measures on essential goods, especially medical supplies, in the face of the Covid-19 crisis. Trade and Export Growth Minister David Parker welcomed the commitment. “This is an important collective response, and ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Joint Ministerial Statement by Singapore and New Zealand -Covid-19 situation
    JOINT MINISTERIAL STATEMENT BY SINGAPORE AND NEW ZEALAND AFFIRMING COMMITMENT TO ENSURING SUPPLY CHAIN CONNECTIVITY AMIDST THE COVID-19 SITUATION  The COVID-19 pandemic is a serious global crisis.  As part of our collective response to combat COVID-19, Singapore and New Zealand are committed to maintaining open and connected supply chains. We ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Transit between Australia and New Zealand
    Travel restrictions, closing our border to almost all travelers came into force from 23:59 on Thursday 19 March 2020 (NZDT).  All airlines were informed of these restrictions before they came into force. Immigration Minister Iain Lees-Galloway says “The transit of passengers between Australia and New Zealand has been agreed upon and ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • $100 million to redeploy workers
    The Government has allocated $100 million to help redeploy workers affected by the economic impact of COVID-19, with the hard-hit region of Gisborne-Tairāwhiti to be the first helped, Economic Development Minister Phil Twyford, Forestry and Regional Economic Development Minister Shane Jones and Employment Minister Willie Jackson announced today. Phil Twyford ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • More support for wood processing
    The Provincial Growth Fund (PGF) is ramping up support for Tairāwhiti’s wood processing sector to bolster the region’s economy at a time of heightened uncertainty, Regional Economic Development Minister Shane Jones announced today. Following earlier announcements today of a regional support package for Tairāwhiti, Minister Jones has also announced a ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Govt steps in to protect Air New Zealand
    The Coalition Government has stepped in to protect Air New Zealand with a significant financial deal that protects essential routes and allows the company to keep operating. The Government and Air New Zealand have agreed a debt funding agreement through commercial 24-month loan facilities of up to $900 million*. The ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Stronger border measures to protect NZers from COVID-19
    The Government has taken further measures to protect New Zealanders from the COVID-19 virus, effectively stopping all people from boarding a plane to New Zealand from 11:59pm today, except for returning New Zealanders, Prime Minister Jacinda Ardern announced today.  New Zealanders’ partners, legal guardians or any dependent children travelling with ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Action on indoor gatherings and events to protect public health
    The Government has reinforced its commitment to protecting the health of New Zealanders from COVID-19 through the cancellation of indoor events with more than 100 people.  “Protecting the health of New Zealanders is our number one priority, and that means we need to reduce the risks associated with large gatherings,” ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • New Zealanders advised not to travel overseas
    The New Zealand Government is advising New Zealanders not to travel overseas due to COVID-19, Foreign Minister Winston Peters has announced. “We are raising our travel advice to the highest level: do not travel,” Mr Peters said. “This is the first time the New Zealand Government has advised New Zealanders ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Govt announces aviation relief package
    Transport Minister Phil Twyford today outlined the first tranche of the $600 million aviation sector relief package announced earlier this week as part of the Government’s $12.1 billion COVID-19 economic response. The initial part of the aviation package aims to secure the operators of New Zealand’s aviation security system, and ...
    BeehiveBy beehive.govt.nz
    1 week ago