web analytics

Plunket on NZ Power

Written By: - Date published: 1:22 pm, April 20th, 2013 - 44 comments
Categories: Economy - Tags:

Sean Plunket’s piece on NZ Power wasn’t quite what I expected. After invoking the usual grim vision of the 1970s (although I swear I detected a slight wistful nostalgia) he breaks out the following conclusion:

With the world struggling to cope with the downstream of the global financial crisis and a tonne of examples (Pike River the most recent) that the market doesn’t always deliver the best results, maybe it is time we had a more meaningful and fundamental debate about how we run our country and economy.

It could be that next year’s election might be fought with ideas and philosophies and Kiwis could get a real choice between a continuation of current policies and an updated version of the Polish shipyard.

We don’t know yet if the Left’s back-to-the-future strategy is going to get any traction but if it does don’t be surprised to see National resurrecting a few of Sir Robert’s old strategies as well. Bring on the dancing Cossacks.

I think one of the best things about the NZ Power policy (other than its promise of a better electricity system) is that has cracked the TINA facade of the neoliberal consensus and made space for a discussion about alternatives.

And if establishment media like Sean Plunket are welcoming that, then it is unsurprising that those with a vested interest in maintaining the status quo are sweating.

44 comments on “Plunket on NZ Power”

  1. kiwicommie 1

    The neoliberal world is crashing down ( http://online.wsj.com/article/SB10001424127887324493704578430884206397640.html ), yet they still spin the same nonsense.

    • ghostrider888 1.1

      there was a link to a, maybe zero hedge or similar site about these figures earlier in the week; under “maths”

  2. RedLogix 2

    The consequences of the GFC will take time to crystallise. It was not until 1933, five years after the 1928/9 Stock Market Crash that we began to see Roosevelt’s New Deal reforms in response.

    In many ways the failure of capitalism in 2008 was even more profound that the Great Depression. It happened despite an entire generation of top economists declaring that our understanding and modelling was so much more sophisticated, that fifty years of progress had made a repeat Depression impossible. Bernanke kept banging on about “The Great Moderation”.

    All nonsense of course. Capitalism has been nothing more than a sequence of crisis, each more shameful and predictable than the last … yet everyone wanted to pretend that it was working. Well it isn’t. Unrestrained, un-moderated ‘free-market’ capitalism is precisely like the drug P. It’s a mad, dangerous stimulant for an economy. For a short while the economy booms and a small minority of dealers madly profit from it all. We’re sold the lie that that self-reliance, individual talent and hard-work are all that matter and all that should be rewarded. Then over-weaning confidence, deception, delusions and fraud inevitably blow the fuse.

    Then it turns out we were actually all in this together… and we all pay the cost. The reaction is coming, we just can’t quite see it yet.

    • IrishBill 2.1

      I think we’ve been in it prior to the crash. Indeed, one of the reasons I first started blogging here was because I felt there was a space opening for talking about alternatives and the Standard seemed like as good a place to do some of that talking.

    • kiwicommie 2.2

      Well I think we will see some return to Dirigisme ( http://en.wikipedia.org/wiki/Dirigisme )like economics, especially in Europe.

      • RedLogix 2.2.1

        Whatever is coming next should take into account a better balance between the three fundamental elements of society; the individual, the state and the community.

        Each has it’s proper role and function; but it has been the notion of community which has been the most neglected. It is the sense of participation and service which morally justifies the efforts of the individual; and at the same time ameliorates and lends compassion to the power of the state.

        • ghostrider888 2.2.1.1

          sounds like something Chris would write.

          • RedLogix 2.2.1.1.1

            Well we’ve tried the variations where the state or the individual have dominated the balance … and neither worked.

            Yet there’s a multitude of ways to define ‘community’. Probably Chris would indeed have a lot more to say.

            • Colonial Viper 2.2.1.1.1.1

              You know they’re not just going to do this. They’re going to have to be MADE to do this.

              • AmaKiwi

                +1 Spot on.

              • RedLogix

                But how to MAKE them? As much as the irregular use of lamposts appeals, it comes at it’s own dark cost. Instead we should use what they imagine are their strengths, against them. What is their primary strength? The power of money.

                Yet money is the most abstract, the least fearsome foe humans have ever invented. It is after all just an idea. Take away the power of that idea. Invent our own means of exchange. Like this..

                Take back our means of production. OK despite reservations, maybe 3-D printing will get us some of the way there. Maybe the employee owned business will take us another part of the distance. Open Source everything.

                Reclaim the commons.

                • ghostrider888

                  Cor! (blimey) will have to get a couple of CPU’s for a start 😉 (which I began looking into today) I had read an article (online, the power of the web) about a second desk-top pc revolution (affordability and cost efficiencies) and the local chap who I respect advised me today he has built a couple of 2-core…rattles off a whole lot of numbers that I can’t remember but will recall when I see them, Gigs and RAM, Hertz, anyway lots, and that the are cheaper to repare than notebooks and lappies; so, if someone of the calibre of lprent reads this and could advise on
                  -processing speed to run a couple of programs, handle the benefits of the fibre, switch between tabs effortlessly
                  -Hard Storage
                  -RAM
                  -and the specs for un-problematic streaming and audio-visual broad-cast reception, then I would be thankful; I’ll even write them down, even; now that’s getting serious. 😀
                  (no gaming facility required)

        • karol 2.2.1.2

          RL: Whatever is coming next should take into account a better balance between the three fundamental elements of society; the individual, the state and the community.

          excellent point. And that is why Lab-Greens need more than one Mana MP. So far Mana has taken an approach that focuses on engaging with low income communities.

        • Sosoo 2.2.1.3

          It’s not rocket science. A sensible vision of the future means accepting a greater role for the state in the economy with higher taxation. It just needs people to appreciate the limits of the market mechanism just as people now recognise the limits of central planning. Socially, it will require a more accepting attitude of the various forms of insurance provided by the welfare state via a more realistic attitude about the relationship between merit and market distributions.

          We already have the conceptual resources with which to understand such a society in those parts of regular economics concerned with corrections of market failures and in familiar kinds of Rawlsian contractual theories of justice. Like I said, you don’t have to be a rocket scientist to understand that vast amounts of productivity are being wasted on self defeating status competition via consumption. That productivity would be better directed to producing things that actually raise our quality of life.

    • AmaKiwi 2.3

      “The reaction is coming, we just can’t quite see it yet.”

      Yes, we can. Look at Arab Spring, collapsing economies in Mediterranean Europe, a decade of deflation in Japan, the American police state, etc., and you see what lies just ahead for us.

      When you try to think of NZ solutions, think about what needs to be done in those place. Them is us.

  3. vto 3

    Well what takes people like Plunket this long to realise that the free market / private individual approach has not worked as well as expected?

    He seems a bit slow.

    • IrishBill 3.1

      To be fair there’s not been an establishment voice pushing this kind of line in a coherent way up until now. I can’t overstate how happy I am that Labour has final realised that there is an appetite for this kind of change and are moving on it in a way that is much more adept than some of their previous efforts, and that they’re doing so side by side with the Greens.

      • Colonial Viper 3.1.1

        Yep. However, one swallow and all that.

      • ghostwhowalksnz 3.1.2

        Considering we have had a state ownership of the power sector with only a token private business for some time.

        Even National is only proposing to sell 49% of its power companies AND keep full ownership of Transpower

        So on one hand the Nats wave the bogey of state control and the hand has state control very nicely thankyou

        And ist not as though they havent intervened in the market before, under Max Bradford Chavez

        the private retail power companies were forced to give up their most profitable parts of their business – all so that we could have ‘cheaper power prices’

        I really like this wedge issue, which appeals to labours base, uses Karl Rove style tactics to catch national out on an issue they certainly dont like to campaign on.- Selling State assets

  4. geoff 4

    Bring on the Polish shipyard! Sounds good to me!

    • ghostrider888 4.1

      may be a slow-boat though.

    • ghostwhowalksnz 4.2

      Meridian, Mighty River , Genesis and Transpower are already our ‘polish shipyards’ and they will still be 5!% or more state owned.

      Exactly what private enterprise nirvana is PinoKeyo going to give us ?

  5. Colonial Viper 5

    Interesting fact: National supporters would love to see a strong innovative Labour Party, one which allows National a stronger contrast and push Key to come up with, ahem, firmer policies.

    • ghostrider888 5.1

      i thought the characterization of key as a “ponce” (missing in action at mo’) perhaps by vto was very accurate; a bit to come back from / to

      • weka 5.1.1

        What’s wrong with being effeminate?

        Insulting gender stereotypes is not the way to go IMO.

        • Sosoo 5.1.1.1

          Whadddarya!?!?!

        • Tim 5.1.1.2

          what’s your definition of ponce? I’ve never associated it with being effeminate. I note also that various dictionary definitions associate it more with ‘pimping’, bling and false showmanship
          Key IS a ponce. Others (like errr, say Michael Portillo) – ditto.

          • weka 5.1.1.2.1

            My dictionary has the derogatory definition as effeminate. When I was growing up ‘ponce’ was a term aimed at males, with the insinuation that effeminate = homosexual. Nothing to do with sex work. Kind of curious now how the word has come to have such different definitions, but outside of a dictionary, I’ve not heard the word used to mean pimp.

            I’m curious how you see Key as a man who controls women doing sex work for profit.

    • Lanthanide 5.2

      Yeah, but that never works for National, because the NZ electorate is truly rooted in the center-left.

  6. felix 6

    The link to Farrar’s troll farm is interesting. Just skimmed the first dozen or so comments.

    Even those munters are losing their appetite for bullshit.

  7. Poission 7

    One of the interesting trends that seem to be emerging is the high risk attached to the so called business models and a number used to reinforce ideological bias are based on errors.

    Austerity is based on a mathematical error and the London whales beaching on a schoolboy howler ( a fact that seems to be ubiquitous with bankers and ex bankers) .

    This argues for greater transparency with policy.

    Krugmans arguments are here..

    http://www.nytimes.com/2013/04/19/opinion/krugman-the-excel-depression.html?ref=global-home&_r=0

    • RedLogix 7.1

      Again Steven Keen repeatedly and emphatically pointed out that the relationship between debt and growth is this:

      A positive rate of change of debt is highly correlated with positive growth, and inversely. This means that austerity (which is a rapid decrease in debt creation) ALWAYS results in a rapid contraction of the economy.

      It doesn’t matter whether it is government debt, business debt or consumer debt … it is pretty much just the ratio of total debt to GDP which greatly magnifies this effect. At low total debt to GDP ratios (say 35%) the rate of change in debt has only a modest effect, but when it gets into the range of 150% or higher as it is for many Western economies including ours… it becomes the dominant effect.

      • Colonial Viper 7.1.1

        And for the tl;dr

        You can no longer get economic growth without parallel increases in debt. When you hear any politician talking about “growth” they are actually talking about growth in debt.

        As a technicality: I believe that Keen refers to debt acceleration, not just a positive rate of change of debt i.e. ever faster increases in debt is needed to maintain economic growth.

        This is the result of relying on a banker run debt based system to create the money we need to make day to day economic transactions.

        At low total debt to GDP ratios (say 35%) the rate of change in debt has only a modest effect, but when it gets into the range of 150% or higher

        Kyle Bass reckons that the key ratio is actually:

        government debt/government tax revenues

        Under a related measure, the Japanese government now spends 25% of its tax revenues on servicing debt interest. You can see how this is going to end badly for the Japanese.

        • Lanthanide 7.1.1.1

          “As a technicality: I believe that Keen refers to debt acceleration, not just a positive rate of change of debt i.e. ever faster increases in debt is needed to maintain economic growth.”

          A positive rate of change is the definition of acceleration.

    • Murray Olsen 7.2

      I don’t like the blaming of austerity on a mathematical error. It seems to suggest that Tory governments would have followed other more humane policies if they’d got their sums right. I don’t have so much faith in them. As far as I can see, austerity is based on a desire to take an even greater share of the wealth and spread it around up top, some sadistic desire to punish the poor, and the knowledge that they’ll get away with it because 30 years of right wing market oriented Labour parties have hobbled any effective opposition. All much harder to fix than a mathematical error, though.

      • Colonial Viper 7.2.1

        Oh I agree, the neolibs simply use this kind of “research” to provide political cover for achieving their asset grabbing objectives.

        For instance, its the kind of thing that central bank officials would refer to in order to convince elected politicians that austerity programmes are necessary.

  8. Adrian 8

    Now I’m not very bright but years ago when Don Brash et.al were banging on about living beyond our means yadda yadda…and that we were spending $1.11 for every $1 and it had to be bought back to balance, I told my mates that if that hppened then the economy must retract by at least 10% and we would be in the shit, joblessness, nobdy spending etrc. Brash etc must have known this and if not they are certainly pretty thick.

  9. Foreign Waka 9

    I honestly sometimes wonder whether some of our politician and journalists are actually working in the interest of NZ. Making comments like “Polish shipyard” is such uneducated approach, you know by just listening that a drum is being beat for some interest.
    I watched this morning “the Nation” and when David Carter explained for the third time the difference between dividend of power companies and tax to the Interviewer, I was thinking that either that lady is stupid or biased. In both cases, she should no do these interviews.
    Right after that Winston Peters with the proposal of buying back shares with the Kiwi fund (Pensions). My hair stood on end! The only ones winning with that proposal would be the financial punters. The Taxpayer owes the power stations, they are being sold against their will and than – the audacity – the pension fund from the same people is being raided to pay the financiers for the power stations that belonged to the people in the first place. How stupid do these people think we are?

Recent Comments

Recent Posts

  • First Police wing to complete training post lockdown
    A new-look Police graduation ceremony to take account of COVID19 health rules has marked the completion of training for 57 new constables. Police Minister Stuart Nash attended this afternoon's ceremony, where officers of Recruit Wing 337 were formally sworn in at the Royal New Zealand Police College without the normal support of ...
    BeehiveBy beehive.govt.nz
    40 mins ago
  • Government makes further inroads on predatory lenders
    Mobile traders and truck shops must adhere to responsible lending requirements Interest rate cap on high-cost loans Lenders prohibited from offering further credit to an applicant who has taken two high-cost loans in the past 90 days The Minister of Commerce and Consumer Affairs, Kris Faafoi, has signalled an end ...
    BeehiveBy beehive.govt.nz
    3 hours ago
  • New survey shows wage subsidy a “lifeline” for businesses, saved jobs
    94% of firms say wage subsidy had positive impact on cashflow 62% of firms say support helped to manage non-wage costs like rent A survey of business that have received the Government’s wage subsidy show it has played a significant role in saving jobs, and freed up cash flow to ...
    BeehiveBy beehive.govt.nz
    4 hours ago
  • Tax changes support economic recovery
    New legislation introduced to Parliament today will support growth and assist businesses on the road to economic recovery, said Revenue Minister Stuart Nash. “The Taxation (Annual Rates for 2020-21, Feasibility Expenditure, and Remedial Matters) Bill proposes that businesses can get tax deductions for ‘feasibility expenditure’ on new investments,” said Mr ...
    BeehiveBy beehive.govt.nz
    6 hours ago
  • $4.6 million financial relief for professional sports
    Sport and Recreation Minister Grant Robertson has welcomed the first release of funds from the $265 million Sport Recovery Package announced as part of Budget 2020. Sport NZ has announced that $4.6 million in funding will go to the Wellington Phoenix, NZ Warriors, Super Rugby teams and the ANZ Premiership ...
    BeehiveBy beehive.govt.nz
    8 hours ago
  • Critical support for strategic tourism assets
    An iconic New Zealand tourism attraction and the country’s 31 Regional Tourism Organisations are the first recipients of support from the $400 million Tourism Sector Recovery Plan, to help position the sector for recovery from COVID-19, Tourism Minister Kelvin Davis announced today. The plan includes a Strategic Tourism Assets Protection ...
    BeehiveBy beehive.govt.nz
    9 hours ago
  • Supporting Kiwi businesses to resolve commercial rent disputes
    The Government will legislate to ensure businesses that suffered as a result of the COVID-19 response will get help to resolve disputes over commercial rent issues, Justice Minister Andrew Little announced today. A temporary amendment to the Property Law Act will insert a clause in commercial leases requiring a fair ...
    BeehiveBy beehive.govt.nz
    10 hours ago
  • Prompt payments to SMEs even more urgent
    The Minister for Small Business says new data from Xero highlights the urgency of prompt payment practices to small and medium enterprises as we move into economic recovery. Last month Government ministers wrote to significant private enterprises and the banking industry to request they join efforts by government agencies to ...
    BeehiveBy beehive.govt.nz
    14 hours ago
  • Free period products in schools to combat poverty
    Young people in Waikato will be the first to have free access to period products in schools in another step to support children and young people in poverty,” Prime Minister Jacinda Ardern said.  During term 3, the Ministry of Education will begin providing free period products to schools following the ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Response to charges in New Plymouth
    The Minister of Police Stuart Nash has issued the following statement in response to charges filed against three Police officers this morning in the New Plymouth District Court. “Any incident involving a loss of life in Police custody is taken very seriously. The charges today reflect the gravity of the ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Govt boosts innovation, R&D for economic rebuild
    $196 million for Crown Research Institutes $150 million for R&D loan scheme $33 million for Māori research and development opportunities $12 million for the Nationally Significant Collections and Databases $10 million to help maintain in-house capability at Callaghan Innovation New Zealand’s entrepreneurs, innovators and crown researchers will benefit from a ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Temporary changes to NCEA and University Entrance this year
    Further temporary changes to NCEA and University Entrance (UE) will support senior secondary school students whose teaching and learning have been disrupted by COVID-19. “The wellbeing of students and teachers is a priority. As we are all aware, COVID-19 has created massive disruption to the school system, and the Government ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Extended terms for the directors of the Racing Industry Transition Agency
    Minister for Racing Winston Peters today announced that the terms for the directors of the Racing Industry Transition Agency (RITA) have been extended to 30 June 2021. Due to the COVID-19 crisis the transition period has been extended to ensure that the Racing Industry Bill can complete its progress through ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Healthy Homes Standards statement of compliance deadline extended
    The deadline for landlords to include detailed information in their tenancy agreements about how their property meets the Healthy Homes Standards, so tenants can see the home they are renting is compliant, has been extended from 1 July 2020 to 1 December 2020.  The Healthy Homes Standards became law on 1 July 2019. The Standards are ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Criminal Cases Review Commission board appointments announced
    Justice Minister Andrew Little today announced details of further appointments to the Criminal Cases Review Commission. “I am pleased to announce Paula Rose QSO OStJ as Deputy Chief Commissioner for a term of five years commencing on 15 June 2020,” said Andrew Little. “I am also pleased to announce the ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Release of initial list of supported training to aid COVID-19 recovery
    The Targeted Training and Apprenticeships Fund (TTAF) will pay costs of learners of all ages to undertake vocational education and training The fund will target support for areas of study and training that will give learners better employment prospects as New Zealand recovers from COVID-19 Apprentices working in all industries ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Emission trading reforms another step to meeting climate targets
    The Emissions Trading Scheme (ETS) will finally start to cut New Zealand’s greenhouse gas pollution as it was originally intended to, because of changes announced today by the Minister for Climate Change, James Shaw. The changes include a limit on the total emissions allowed within the ETS, rules to ensure ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Queen’s Birthday Honours highlights Pacific leadership capability in Aotearoa
    Minister for Pacific Peoples Aupito William Sio says the Queen’s Birthday 2020 Honours List provides an abundance of examples that Pacific people’s leadership capability is unquestionable in Aotearoa. “The work and the individuals we acknowledge this year highlights the kind of visionary examples and dedicated community leadership that we need ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Govt backing horticulture to succeed
    The Government is backing a new $27 million project aimed at boosting sustainable horticulture production and New Zealand’s COVID-19 recovery efforts, says Agriculture Minister Damien O’Connor. “Our horticulture sector has long been one of New Zealand’s export star performers, contributing around $6 billion a year to our economy. During and ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Applications open for forestry scholarships
    Applications have opened for 2021 Ngā Karahipi Uru Rākau – Forestry Scholarships, which will support more Māori and women to pursue careers in forestry science, says Forestry Minister Shane Jones. “I’m delighted Te Uru Rākau is offering Ngā Karahipi Uru Rākau – Forestry Scholarships for the third year running. These ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Excellent service to nature recognised
    The Queen’s Birthday 2020 Honours List once again highlights the dedication by many to looking after our native plants and wildlife, including incredible work to restore the populations of critically endangered birds says Minister of Conservation Eugenie Sage. Anne Richardson of Hororata has been made an Officer of the New ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Wetlands and waterways gain from 1BT funding
    The Government will invest $10 million from the One Billion Trees Fund for large-scale planting to provide jobs in communities and improve the environment, Agriculture Minister Damien O’Connor and Forestry Minister Shane Jones have announced. New, more flexible funding criteria for applications will help up to 10 catchment groups plant ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • New fund for women now open
    Organisations that support women are invited to apply to a new $1,000,000 fund as part of the Government’s COVID-19 response. “We know women, and organisations that support women, have been affected by COVID-19. This new money will ensure funding for groups that support women and women’s rights,” said Minister for ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Govt supports King Country farmers to lift freshwater quality
    Healthier waterways are front and centre in a new project involving more than 300 King Country sheep, beef and dairy farmers. The Government is investing $844,000 in King Country River Care, a group that helps farmers to lift freshwater quality and farming practice, Agriculture Minister Damien O’Connor announced today. “Yesterday ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Libraries to help with jobs and community recovery
    A major funding package for libraries will allow them to play a far greater role in supporting their communities and people seeking jobs as part of the economic recovery from COVID-19. “Budget 2020 contains over $60 million of funding to protect library services and to protect jobs,” says Internal Affairs ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Support for arts and music sector recovery
    A jobseekers programme for the creative sector and four new funds have been set up by the Government to help our arts and music industry recover from the blow of COVID-19. Thousands of jobs will be supported through today’s $175 million package in a crucial economic boost to support the ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Legislative changes to support the wellbeing of veterans and their families
    Minister for Veterans Ron Mark has welcomed the First Reading of a Bill that will make legislative changes to further improve the veterans’ support system.  The Veterans’ Support Amendment Bill No 2, which will amend the Veterans’ Support Act 2014, passed First Reading today. The bill addresses a number of ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Christ Church Cathedral – Order in Council
    Views sought on Order in Council to help fast track the reinstatement of the Christ Church Cathedral  The Associate Minister for Greater Christchurch Regeneration, Hon Poto Williams, will be seeking public written comment, following Cabinet approving the drafting of an Order in Council aimed at fast-tracking the reinstatement of the ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • New Zealanders’ human rights better protected in new Bill
    The law setting out New Zealanders’ basic civil and human rights is today one step towards being strengthened following the first reading of a Bill that requires Parliament to take action if a court says a statute undermines those rights. At present, a senior court can issue a ‘declaration of ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Deep concern at Hong Kong national security legislation
    Foreign Affairs Minister Winston Peters today reiterated the deep concern of the New Zealand Government following confirmation by China’s National People’s Congress of national security legislation relating to Hong Kong. “New Zealand shares the international community’s significant and long-standing stake in Hong Kong’s prosperity and stability,” Mr Peters said. “New Zealand ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Government invests in New Zealand’s cultural recovery
    Thousands of artists and creatives at hundreds of cultural and heritage organisations have been given much-needed support to recover from the impact of COVID-19, Prime Minister and Minister for Arts, Culture and Heritage Jacinda Ardern announced today. “The cultural sector was amongst the worst hit by the global pandemic,” Jacinda ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Better protection for New Zealand assets during COVID-19 crisis
    Key New Zealand assets will be better protected from being sold to overseas owners in a way contrary to the national interest, with the passage of the Overseas Investment (Urgent Measures) Bill. The Bill, which passed its third reading in Parliament today, also cuts unnecessary red tape to help attract ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Cleaning up our rivers and lakes
    Setting higher health standards at swimming spots Requiring urban waterways to be cleaned up and new protections for urban streams Putting controls on higher-risk farm practices such as winter grazing and feed lots Setting stricter controls on nitrogen pollution and new bottom lines on other measures of waterway health Ensuring ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Record year for diversity on Govt boards
    The Government is on the verge of reaching its target of state sector boards and committees made up of at least 50 percent women, says Minister for Women Julie Anne Genter and Minister for Ethnic Communities Jenny Salesa. For the first time, the Government stocktake measures the number of Māori, ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • New appointments to the Commerce Commission
    The Commerce and Consumer Affairs Minister and Broadcasting, Communications and Digital Media Minister, Kris Faafoi, has today announced the appointment of Tristan Gilbertson as the new Telecommunications Commissioner and member of the Commerce Commission. “Mr Gilbertson has considerable experience in the telecommunications industry and a strong reputation amongst his peers,” ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Historic pay equity settlement imminent for teacher aides
    The Ministry of Education and NZEI Te Riu Roa have agreed to settle the pay equity claim for teacher aides, Education Minister Chris Hipkins announced today. This will see more than 22,000 teacher aides, mostly women, being valued and paid fairly for the work they do. “Teacher aides are frontline ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Govt delivers security for construction subcontractors
    Subcontractors will have greater certainty, more cashflow support and job security with new changes to retention payments under the Construction Contracts Act says Minister for Building and Construction, Jenny Salesa. A recent review of the retentions money regime showed that most of the building and construction sector is complying with ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • New Zealand and Singapore reaffirm ties
    Prime Minister Jacinda Ardern and Singapore Prime Minister Lee Hsien Loong have marked the first anniversary of the New Zealand-Singapore Enhanced Partnership with a virtual Leaders’ Meeting today. The Enhanced Partnership, signed on 17 May 2019, provides the framework for cooperation across the four main areas of trade, defence and ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • JOINT STATEMENT BY THE PRIME MINISTERS OF NEW ZEALAND AND THE REPUBLIC OF SINGAPORE ON THE FIRST AN...
    On 17 May 2019, New Zealand and Singapore established an Enhanced Partnership to elevate our relations. The Enhanced Partnership – based on the four pillars of trade and economics, security and defence, science, technology and innovation, and people-to-people links – has seen the long-standing relationship between our countries strengthen over the ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government investment supports the acquisition of new Interislander ferries
    State-Owned Enterprises Minister Winston Peters has welcomed KiwiRail’s announcement that it is seeking a preferred shipyard to build two new rail-enabled ferries for the Cook Strait crossing. “This Government is committed to restoring rail to its rightful place in New Zealand. Bigger, better ships, with new technology are yet another ...
    BeehiveBy beehive.govt.nz
    1 week ago