Repealing the Tax Principles Reporting Act is performative nonsense

Written By: - Date published: 7:30 am, December 29th, 2023 - 29 comments
Categories: uncategorized - Tags:

National’s 100 days action plan is frankly performative nonsense.

They were elected on a platform of helping the squeezed middle.  So far they have studiously avoided them.

The topics for urgent action in Parliament were to get rid of fair pay agreements, something that could have helped the squeezed middle, introduce fire at will for all companies which will do wonders for workers wanting to keep their new jobs, change the Reserve Bank mandate so that unemployment is not so much of a concern, and roll back changes to the RMA and sneakily include a Henry VIII powers to the Government to change laws by regulation.  This last change is something that I will analyse in more detail separately.  But I agree it is terrifying.

The last thing that National smashed through under emergency was to repeal the Taxation Principles Reporting Act.  You may ask why there was som much emergency attached to the Act’s repeal.

As Deborah Russell said during the introduction debate for the Bill about the Act:

[The Taxation Principles Reporting Act] does not collect more tax. It does not change how our tax is calculated in any way. But what the Taxation Principles Reporting Act does is it gives us information about our tax system. It tells us how well our tax system is doing. Now, that’s incredibly important in a democracy. Every three years we vote—that’s part of our democracy. We spend time lobbying the Government, we spend time making presentations to select committees, we spend time on petitions and on demonstrations, we engage in our governance at all sorts of levels. That’s our democracy. It’s a complex and multifaceted beast.

But one thing that makes our democracy function better is information, so that people have a good understanding of the issues in play. Now, here’s the problem: tax makes up half the Budget. It’s an incredibly important part of our annual Budget process. It’s something that people need to understand. It’s something that people need to have good information about. Yet most people find it quite mysterious, and it’s actually hard to find information about our tax system.

The Act requires reporting of important information including analysis of income distribution and income tax paid, distribution of exemptions from tax and of lower rates of taxation, perceptions of integrity of the tax system and compliance with the law by taxpayers. The principles that were to be reported against include horizontal equity, efficiency, vertical equity, revenue integrity, compliance and administrative costs, certainty and predictability and flexibility and adaptability.

The Act was the brain child of David Parker who wanted to achieve something that is very difficult, fairness in the tax system.

As he said during the debate on the introduction of the bill:

Over the years. Governments of all stripes have set up working groups and review committees to pursue the Holy Grail of an efficient, fair tax system. The most recent was the 2019 Tax Working Group, chaired by the late Sir Michael Cullen. Before that, there was the 2010 Victoria University of Wellington Tax Working Group. In 2001, we had the McLeod Tax Review. Before that, there was the Valabh committee, and before that, the Richardson committee. These inquiries in New Zealand, and others overseas, have all described the main principles of a good tax system.

Yet here we are, after all those reviews, still striving for fairness. In the absence of facts about actual outcomes, half-truths can be too easily manipulated to suit political objectives and vested interests. That’s why we commissioned the Inland Revenue to research the effective tax rates of high-wealth individuals. We wanted evidence based on real dirt—data—not surveys alone, which are inaccurate at the top, in order to assess the fairness of our current tax system. Now we have that evidence. Inland Revenue’s internationally ground-breaking study shows beyond doubt that New Zealand’s wealthiest citizens pay tax on their economic income at a rate that is less than half of what other New Zealanders pay on theirs. Now, it was not surprising that some gap existed, for the obvious reason that very wealthy people earn a higher proportion of their income from sources like gains on investment that are not taxed. Most New Zealanders make do with their regular pay packets, which are all subject to income tax.

But what was surprising is the extent of the gap, and it turns out that an average of 93 percent of the income of the high-wealth group comes from returns on investments. It’s now been well-reported that a person whose income is an $80,000 salary or wage pays an effective rate of 30 percent when you include their income tax and GST. By contrast, the high-wealth people in the Inland Revenue study pay an effective tax rate of just 9.4 percent including the GST they spend on their GST-inclusive purchases. Their average assets were $276 million. Rather than trickle down, it’s been gushing up for this group, and the Inland Revenue study shines a light on how extreme the wealth disparity has become in New Zealand and how lower effective tax rates have contributed to that.

National and Act bitterly opposed the bill but it was passed after a select committee hearing.

The first report was due at the end of this year.  No doubt it was at a very very advanced stage of preparation and also we will see a draft of the report.

The questions will then be asked why repeal the requirement to present a report, and even more importantly why smash it through under urgency.

The policy was not campaigned on.  You get the feeling that some of the right’s funders may have insisted on this being part of the policy mix and this is pay back time.  Multi million donations are not made with no expectations.

And it did not appear in the National Act coalition agreement, the National NZ First coalition agreement or National’s 100 day plan.

So you have to wonder about the urgency and the haste.  Maybe ministers had a peek preview of what the report would say and were shocked that IRD would say that the tax system was unfair and wealthy people were not paying their fair share.

Time will tell.  Either the OIA will result in the release of the draft or it will leaked but I am certain we will see it.  And then we can wonder what it was that National was trying to hide.

29 comments on “Repealing the Tax Principles Reporting Act is performative nonsense ”

  1. Ffloyd 1

    Luxon doesn’t want ANYONE to know ANYTHING! What is their endgame?

  2. Grey Area 2

    Does he realise they may not last a full term, and so the plan is to do the maximum damage by making so many retrogressive changes in the shortest time that any follow-up government will find it hard to turn the clock back? (But not impossible of course they would just have to reinstate NAF's changes by using the same playbook but it's not the other side's normal style).

    Or is there no endgame and they are just a collection of really evil f***s?

    I wonder if the tax information blackout is because they know NZ cannot afford tax cuts at thi stime and especially when the wealthy don't pay their share now (without giving the finger to middle NZ who they are supposed to be helping, and putting the boot into the disadvantaged) and are trying to control the narrative so fewer people see through their lies, obfuscations, smoke and mirrors …

  3. Pat 3

    Given the election result has been known since early October how confident are you the report exists (even in draft form) to be leaked?

  4. Ed1 4

    Thank you for the reminder, and the quotes from Deborah Russell and David Parker.

    Surprisingly in view of the actions over this report, Nicola Willis said last year:

    “I'm a big believer – in politics and leadership – you've got to take people
    with you,” Willis said.

    “You've got to treat people with the trust that people are smart. If you
    give them the information, if you help them understand the issues, then
    people will better understand the decisions you then make. I think
    transparency with what's going on with our economy is really important.”

    I think that was reported here: https://www.thepost.co.nz/a/politics/350133870/were-going-start-new-chapter-nicola-willis-her-mini-budget but it is behind a paywall . . .

    The possibility of a Freedom of Information request was raised here: https://norightturn.blogspot.com/2023/12/burying-evidence.html

    I presume that if a request was made the 19th or 20th it will not get a reply until sometime well into January.

    I can just remember a time when I heard from my parents that my father's pay packet had gone down – he had crossed a threshold for some child benefit that had more than taken the increase in salary. I suspect abatement rates are set now to avoid such a drop in actual pay, but it is possible that the highest marginal effective tax rates can still be higher than the top tax rate. With changes likely to be made to many allowances, it could be useful to have standard tables that show actual and net income (and hence marginal effective tax rates) for families in different situations under current tax rules, so they can be compared with revised tax rules introduced by the current government. From that may also come standard OIA requests from government departments to get equivalent data on an ongoing basis.

    • Craig H 4.1

      Effective marginal tax rates are rarely considered in government policy, or when they are, are just considered to be unavoidable impacts.

      For example, the abatement rates for working for families and the accommodation supplement are 27c and 25c/$1 respectively, and are cumulative, so a solo parent on $60,000 would receive a good top up, but that top up would abate at 52c for every $1 income before tax. Add on 30c income tax + 1.53c for ACC levies, and suddenly the effective marginal tax rate is 83.53c/$1. Student loan deductions (if applicable) would add another 12c to that…

  5. Incognito 5

    To be fair [pun intended], National did say it would repeal the Act. It just happened to be one sentence buried in a report from the Finance and Expenditure (Select) Committee. Obviously, they wanted to keep it quiet, which shows how underhand they are.

    If this bill is enacted, National will repeal the Act when elected to Government.

    https://selectcommittees.parliament.nz/view/SelectCommitteeReport/00ae0b0e-05bc-42ef-203c-08db8e14ef99 [pg. 7]

  6. Matiri 6

    Government giving itself Henry XIII powers hidden in the repeal of the RMA is rather frightening especially as the Minister for the Environment is outside Cabinet! Link from paragraph three reposted.

    https://eds.org.nz/resources/documents/media-releases/2023/its-not-a-merry-christmas-for-the-environment/?from=featured

  7. adam 7

    So here the thing, stop.

    Stop playing with these criminals who pretend to be our leaders.

    This is not ruling a country, it's about taking as much from it that they can fit into the back of their van.

    Working people need to stop. Take a break, stop, make it hard for these Tory corporate cock suckers to total destroy our country.

    Stop.

    • Belladonna 7.1

      Stop doing what? Working?
      Do the working people also take a break from paying bills and eating?

      Or perhaps you've got some other definition of 'stop' which isn't apparent from your comment.

    • Grey Area 7.2

      Stop. How Adam? Exactly, how?

      Genuine question. I see a few saying we need resist and fight back. Easy to say but how?

  8. Bearded Git 8

    Nicely done Micky

    About 4% of the population will understand or take notice of the implications….the rest will continue blithely onwards.

  9. Wellydoc 9

    In the economic crisis left by Labour some things are not so essential

    [No astroturfing, no sockpuppets, no multiple aliases; stick to one username + email address here or your licence will be revoked permanently – Incognito]

  10. mikesh 10

    A 9% figure seems to be frequently mentioned but, since the minimum income tax rate is 10.5%, anyone paying only 9% is, on the face of it, committing tax fraud. This raises the somewhat thorny question of whether capital gain constitutes income: if it does then it clearly should be taxed and, if it doesn't, the question of whether it it should be taxed anyway as a sort of quasi income. Nor does it consider whether the purchaser of an asset should receive a deduction for the implied capital loss. Nor would it address the question of whether unearned income, such as interest and rent, should be taxed at a different, presumably higher, rate than other income. I could be wrong but I think that the report is unlikely to address these sorts of questions.

    Nevertheless, I think that the report should be produced, and canning it is a bad move on the part of the new regime.

    • Incognito 10.1

      You do know where the figure of 9% comes from, don’t you? Your comment reads like an ignorant straw man. And exactly to avoid comments such as yours ‘confusing’ any public debate about fairness of the tax system and its ugly twin inequity, the Taxation Principles Reporting Act 2023 and that due report would have been informative & instructive. Now the coalition government has repealed it under urgency it will be BAU and status quo.

      • mikesh 10.1.1

        I know that the Act has been repealed. I was merely speculating on what may have been the case had it not been repealed. The trouble is that had it remained in force any implications would probably lead to its adoption, or non adoption, without further thought.

        • Incognito 10.1.1.1

          Not talking about the repealing of the Act, but referring to the recent IRD research report that was actually shared with the voters of NZ – you seem to be oblivious of that.

          • mikesh 10.1.1.1.1

            I do remember that, I think, but only vaguely. However I get the impression that MS was talking about some report that had been prepared and was scheduled for release in the near future. If that is not the case where does the OIA come into it?

            I sort of thought the repeal was about future reports not yet prepared.

            • Incognito 10.1.1.1.1.1

              Yes, MS was talking about another report that obviously bears some relation to the previous IRD research on this topic. However, you started your comment with “A 9% figure seems to be frequently mentioned but, […]” as if you’ve no idea what you’re talking about. Therefore, you might want to familiarise yourself with relevant material and stop making ignorant & speculative comments.

Recent Comments

Recent Posts

  • Getting new job seekers on the pathway to work
    Jobseeker beneficiaries who have work obligations must now meet with MSD within two weeks of their benefit starting to determine their next step towards finding a job, Social Development and Employment Minister Louise Upston says. “A key part of the coalition Government’s plan to have 50,000 fewer people on Jobseeker ...
    BeehiveBy beehive.govt.nz
    19 hours ago
  • Accelerating Social Investment
    A new standalone Social Investment Agency will power-up the social investment approach, driving positive change for our most vulnerable New Zealanders, Social Investment Minister Nicola Willis says.  “Despite the Government currently investing more than $70 billion every year into social services, we are not seeing the outcomes we want for ...
    BeehiveBy beehive.govt.nz
    21 hours ago
  • Getting Back on Track
    Check against delivery Good morning. It is a pleasure to be with you to outline the Coalition Government’s approach to our first Budget. Thank you Mark Skelly, President of the Hutt Valley Chamber of Commerce, together with  your Board and team, for hosting me.   I’d like to acknowledge His Worship ...
    BeehiveBy beehive.govt.nz
    22 hours ago
  • NZ – European Union ties more critical than ever
    Your Excellency Ambassador Meredith,   Members of the Diplomatic Corps and Ambassadors from European Union Member States,   Ministerial colleagues, Members of Parliament, and other distinguished guests, Thank you everyone for joining us.   Ladies and gentlemen -    In diplomacy, we often speak of ‘close’ and ‘long-standing’ relations.   ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Therapeutic Products Act to be repealed
    The Therapeutic Products Act (TPA) will be repealed this year so that a better regime can be put in place to provide New Zealanders safe and timely access to medicines, medical devices and health products, Associate Health Minister Casey Costello announced today. “The medicines and products we are talking about ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Decisions on Wellington City Council’s District Plan
    The Minister Responsible for RMA Reform, Chris Bishop, today released his decision on twenty recommendations referred to him by the Wellington City Council relating to its Intensification Planning Instrument, after the Council rejected those recommendations of the Independent Hearings Panel and made alternative recommendations. “Wellington notified its District Plan on ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Rape Awareness Week: Government committed to action on sexual violence
    Rape Awareness Week (6-10 May) is an important opportunity to acknowledge the continued effort required by government and communities to ensure that all New Zealanders can live free from violence, say Ministers Karen Chhour and Louise Upston.  “With 1 in 3 women and 1 in 8 men experiencing sexual violence ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Smarter lunch programme feeds more, costs less
    Associate Education Minister David Seymour has today announced that the Government will be delivering a more efficient Healthy School Lunches Programme, saving taxpayers approximately $107 million a year compared to how Labour funded it, by embracing innovation and commercial expertise. “We are delivering on our commitment to treat taxpayers’ money ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Report provides insights into marine recovery
    New research on the impacts of extreme weather on coastal marine habitats in Tairāwhiti and Hawke’s Bay will help fishery managers plan for and respond to any future events, Oceans and Fisheries Minister Shane Jones says. A report released today on research by Niwa on behalf of Fisheries New Zealand ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • NZ to send political delegation to the Pacific
    Deputy Prime Minister and Foreign Minister Winston Peters will lead a broad political delegation on a five-stop Pacific tour next week to strengthen New Zealand’s engagement with the region.   The delegation will visit Solomon Islands, Papua New Guinea, Vanuatu, New Caledonia, and Tuvalu.    “New Zealand has deep and ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Low gas production threatens energy security
    There has been a material decline in gas production according to figures released today by the Gas Industry Co.  Figures released by the Gas Industry Company show that there was a 12.5 per cent reduction in gas production during 2023, and a 27.8 per cent reduction in gas production in the ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Defence industry talent, commitment recognised
    Defence Minister Judith Collins tonight announced the recipients of the Minister of Defence Awards of Excellence for Industry, saying they all contribute to New Zealanders’ security and wellbeing. “Congratulations to this year’s recipients, whose innovative products and services play a critical role in the delivery of New Zealand’s defence capabilities, ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Speech to the Minister of Defence Awards of Excellence for Industry
    Welcome to you all - it is a pleasure to be here this evening.I would like to start by thanking Greg Lowe, Chair of the New Zealand Defence Industry Advisory Council, for co-hosting this reception with me. This evening is about recognising businesses from across New Zealand and overseas who in ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Speech to the Sixth Annual New Zealand Government Data Summit
    It is a pleasure to be speaking to you as the Minister for Digitising Government.  I would like to thank Akolade for the invitation to address this Summit, and to acknowledge the great effort you are making to grow New Zealand’s digital future. Today, we stand at the cusp of ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Ceasefire agreement needed now: Peters
    New Zealand is urging both Israel and Hamas to agree to an immediate ceasefire to avoid the further humanitarian catastrophe that military action in Rafah would unleash, Foreign Minister Winston Peters says.   “The immense suffering in Gaza cannot be allowed to worsen further. Both sides have a responsibility to ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Daily school attendance data now available
    A new online data dashboard released today as part of the Government’s school attendance action plan makes more timely daily attendance data available to the public and parents, says Associate Education Minister David Seymour.  The interactive dashboard will be updated once a week to show a national average of how ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Ambassador to United States appointed
    Foreign Minister Winston Peters has announced Rosemary Banks will be New Zealand’s next Ambassador to the United States of America.    “Our relationship with the United States is crucial for New Zealand in strategic, security and economic terms,” Mr Peters says.    “New Zealand and the United States have a ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • New permit proposed for recreational gold mining
    The Government is considering creating a new tier of minerals permitting that will make it easier for hobby miners to prospect for gold. “New Zealand was built on gold, it’s in our DNA. Our gold deposits, particularly in regions such as Otago and the West Coast have always attracted fortune-hunters. ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • NZ and the UAE launch FTA negotiations
    Minister for Trade Todd McClay today announced that New Zealand and the United Arab Emirates (UAE) will commence negotiations on a free trade agreement (FTA). Minister McClay met with his counterpart UAE Trade Minister Dr Thani bin Ahmed Al Zeyoudi in Dubai, where they announced the launch of negotiations on a ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • New Zealand Sign Language Week an opportunity for anyone to sign
    New Zealand Sign Language Week is an excellent opportunity for all Kiwis to give the language a go, Disabilities Issues Minister Louise Upston says. This week (May 6 to 12) is New Zealand Sign Language (NZSL) Week. The theme is “an Aotearoa where anyone can sign anywhere” and aims to ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Next stop NASA for New Zealand students
    Six tertiary students have been selected to work on NASA projects in the US through a New Zealand Space Scholarship, Space Minister Judith Collins announced today. “This is a fantastic opportunity for these talented students. They will undertake internships at NASA’s Ames Research Center or its Jet Propulsion Laboratory (JPL), where ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • $1.9 billion investment to keep NZ safe from crime
    New Zealanders will be safer because of a $1.9 billion investment in more frontline Corrections officers, more support for offenders to turn away from crime, and more prison capacity, Corrections Minister Mark Mitchell says. “Our Government said we would crack down on crime. We promised to restore law and order, ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • OECD reinforces need to control spending
    The OECD’s latest report on New Zealand reinforces the importance of bringing Government spending under control, Finance Minister Nicola Willis says. The OECD conducts country surveys every two years to review its members’ economic policies. The 2024 New Zealand survey was presented in Wellington today by OECD Chief Economist Clare Lombardelli.   ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Agreement delivers Local Water Done Well for Auckland
    The Government has delivered on its election promise to provide a financially sustainable model for Auckland under its Local Water Done Well plan. The plan, which has been unanimously endorsed by Auckland Council’s Governing Body, will see Aucklanders avoid the previously projected 25.8 per cent water rates increases while retaining ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Gaza and the Pacific on the agenda with Germany
    Foreign Minister Winston Peters discussed the need for an immediate ceasefire in Gaza, and enhanced cooperation in the Pacific with German Foreign Minister Annalena Baerbock during her first official visit to New Zealand today.    "New Zealand and Germany enjoy shared interests and values, including the rule of law, democracy, respect for the international system ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Decision allows for housing growth in Western Bay of Plenty
    The Minister Responsible for RMA Reform, Chris Bishop today released his decision on four recommendations referred to him by the Western Bay of Plenty District Council, opening the door to housing growth in the area. The Council’s Plan Change 92 allows more homes to be built in existing and new ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Speech to New Zealand China Council
    Thank you, John McKinnon and the New Zealand China Council for the invitation to speak to you today.    Thank you too, all members of the China Council. Your effort has played an essential role in helping to build, shape, and grow a balanced and resilient relationship between our two ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Modern insurance law will protect Kiwi households
    The Government is modernising insurance law to better protect Kiwis and provide security in the event of a disaster, Commerce and Consumer Affairs Minister Andrew Bayly announced today. “These reforms are long overdue. New Zealand’s insurance law is complicated and dated, some of which is more than 100 years old. ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government recommits to equal pay
    The coalition Government is refreshing its approach to supporting pay equity claims as time-limited funding for the Pay Equity Taskforce comes to an end, Public Service Minister Nicola Willis says.  “Three years ago, the then-government introduced changes to the Equal Pay Act to support pay equity bargaining. The changes were ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Transforming how our children learn to read
    Structured literacy will change the way New Zealand children learn to read - improving achievement and setting students up for success, Education Minister Erica Stanford says.  “Being able to read and write is a fundamental life skill that too many young people are missing out on. Recent data shows that ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • NZ not backing down in Canada dairy dispute
    Trade Minister Todd McClay says Canada’s refusal to comply in full with a CPTPP trade dispute ruling in our favour over dairy trade is cynical and New Zealand has no intention of backing down. Mr McClay said he has asked for urgent legal advice in respect of our ‘next move’ ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Stronger oversight for our most vulnerable children
    The rights of our children and young people will be enhanced by changes the coalition Government will make to strengthen oversight of the Oranga Tamariki system, including restoring a single Children’s Commissioner. “The Government is committed to delivering better public services that care for our most at-risk young people and ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Streamlining Building Consent Changes
    The Government is making it easier for minor changes to be made to a building consent so building a home is easier and more affordable, Building and Construction Minister Chris Penk says.      “The coalition Government is focused on making it easier and cheaper to build homes so we can ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Minister acknowledges passing of Sir Robert Martin (KNZM)
    New Zealand lost a true legend when internationally renowned disability advocate Sir Robert Martin (KNZM) passed away at his home in Whanganui last night, Disabilities Issues Minister Louise Upston says. “Our Government’s thoughts are with his wife Lynda, family and community, those he has worked with, the disability community in ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Speech to New Zealand Institute of International Affairs, Parliament – Annual Lecture: Challenges ...
    Good evening –   Before discussing the challenges and opportunities facing New Zealand’s foreign policy, we’d like to first acknowledge the New Zealand Institute of International Affairs. You have contributed to debates about New Zealand foreign policy over a long period of time, and we thank you for hosting us.  ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Accelerating airport security lines
    From today, passengers travelling internationally from Auckland Airport will be able to keep laptops and liquids in their carry-on bags for security screening thanks to new technology, Transport Minister Simeon Brown says. “Creating a more efficient and seamless travel experience is important for holidaymakers and businesses, enabling faster movement through ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Community hui to talk about kina barrens
    People with an interest in the health of Northland’s marine ecosystems are invited to a public meeting to discuss how to deal with kina barrens, Oceans and Fisheries Minister Shane Jones says. Mr Jones will lead the discussion, which will take place on Friday, 10 May, at Awanui Hotel in ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Kiwi exporters win as NZ-EU FTA enters into force
    Kiwi exporters are $100 million better off today with the NZ EU FTA entering into force says Trade Minister Todd McClay. “This is all part of our plan to grow the economy. New Zealand's prosperity depends on international trade, making up 60 per cent of the country’s total economic activity. ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Mining resurgence a welcome sign
    There are heartening signs that the extractive sector is once again becoming an attractive prospect for investors and a source of economic prosperity for New Zealand, Resources Minister Shane Jones says. “The beginnings of a resurgence in extractive industries are apparent in media reports of the sector in the past ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Ō-Rākau Remembrance Bill passes first reading
    The return of the historic Ō-Rākau battle site to the descendants of those who fought there moved one step closer today with the first reading of Te Pire mō Ō-Rākau, Te Pae o Maumahara / The Ō-Rākau Remembrance Bill. The Bill will entrust the 9.7-hectare battle site, five kilometres west ...
    BeehiveBy beehive.govt.nz
    1 week ago

Page generated in The Standard by Wordpress at 2024-05-09T17:06:41+00:00