web analytics

Small mocks sunnyside Key

Written By: - Date published: 12:19 pm, September 27th, 2011 - 28 comments
Categories: Economy, john key - Tags:

If New Zealand’s economy could be powered by empty promises and pollyanna-ish optimism, then John Key would have the best economic record in the country’s history. Actually, he has one of the worst. Vernon Small today mocks Key’s unwillingness to put a downer on the RWC vibe by confronting the emerging global crisis.

His deputy Bill English will return from the International Monetary Fund today with tales of debt woes, double-dip recessions and fears the global slowdown will peg back our key export markets in Asia. But yesterday the prime minister was looking on the bright side of life:

Our country sits close to some very strong economies. The chances of Greece defaulting on its debt are “better than 50 per cent”. (As in, higher than 50 per cent? Or worse than 50 per cent? Some even say 90 per cent, or inevitable. But that is not the Key way.)

A double-dip recession? Unlikely. And there is no reason to resile from plans for a Budget surplus by 2014-15.

The worst news was that the pesky crisis had killed his weasel-cunning plan to return to surplus even earlier. In Keyland even when things get gloomier, they don’t get worse; they just stop things getting better.

So there will be no cuts to programmes, no spike in taxes, no stimulus package, no plans for U-turns if countries default. Just a can-do PM who will “roll with the punches”, stay optimistic about Asia and trust that investors will be “discerning” (unlike in 2008) between good and bad companies, good and bad countries.

You would think that with a better-than-even chance of Greece defaulting he would be twisting advisers’ arms to forecast its impact, and prepare contingency plans. Not yet, it seems.

Why would you need to be forecasting and preparing for the downside when downsides are impossible, eh Mr Key? As long as China keeps growing…. oops:

As the American economy appears to teeter on the edge of another recession, Europe struggles with a financial crisis and emerging markets like Brazil and India show new weaknesses, China may appear to be in better shape than most countries, economists say. But “better” is relative.

On the surface, economists at the International Monetary Fund and most banks are still estimating China’s growth rate to be over 9 percent this year. China continues to run very large trade surpluses. New construction starts have soared with a government campaign to provide more affordable housing.

And yet, the country’s huge manufacturing sector is starting to slow and orders are weakening, especially for exports. The real estate bubble is starting to spring leaks, even as inflation remains stubbornly high for consumers — despite a series of interest rate increases and ever-tighter limits on bank lending.

Because China’s mighty growth engine has been one of the few drivers of the global economy since the financial crisis of 2008, signs of deceleration could add to worries about the global outlook.

28 comments on “Small mocks sunnyside Key ”

  1. randal 1

    So where are the jobs then? Key boosted himself as the magnate and mogul that would transform New Zealand but all he has done is run this piddling little sideshow. What a bringdown.

  2. tc 2

    watch that spin drx, rcycling Rick took a bunch of gov’t money to create ‘new’ jobs at EDS (before slinging his hook back to TVNZ)…..whilst about the same/more were being shed out the back door….Nett jobs is the key measure.

  3. freedom 3

    On a related matter. The Stuff story which was posted at 05:00 has not had a single comment posted.

    Anyone else find this hard to believe?

    • I’d see it as total disbelief, and folk simply can’t be bothered to comment. Much like ACT-related news stories. They atrtract bugger-all respondses. People just don’t care.

      It’s a curious response to Key’s “smile & wave” brand of populism…

    • Deadly_NZ 3.2

      Well at 2:18 am on the 28th there are only 6 comments. And 2 of them were from Frank Macskay. Now tell me that no one else cares. And my comment had vanished into a big black censorship hole.

  4. Richard 5

    i commented on it freedom… who knows if it will be published

  5. Colonial Viper 6

    The American economy “teetering on the edge of another recession”?

    Pull the next one. The last two years have been a very slight plateau from the nose dive, but for most ordinary American workers and families there hasn’t even been any levelling off. Only Wall St has benefitted, and they only from the massive free cash injections from the Fed.

    This is the same recession as 2008, writ large.

    • Draco T Bastard 6.1

      Yep, The Great Depression didn’t start in 1929, that was just when the stock market initially crashed causing a fairly major recession. Governments around the globe went for austerity and plunged the entire worlds economy into a depression in about ’32/’33. It was the build up to war and the war itself that pulled the world, especially the US which hadn’t been bombed back into the stone age, back out of it. This time, although there will be war, we won’t be coming out of the “depression” as there just won’t be the available resources to support the necessary growth to pay for the banksters fractional reserve banking system.

      • Afewknowthetruth 6.1.1

        DTB

        Slight correction. Not the entire world, just those economies closely linked to western banking sytems (or their intended victims) were dragged down by the Wall St Crash. Germany prospered through the mid-30s, partly because Americans banks and corporations were investing there instead of at home. Japan was ‘extremely busy; in the mid-30s.

        I do agree entirely that we are witnessing the beginning of the end. There will be no recovery OF the globalised economic system, just a partial revovery FROM the globalised economic system (depending on how much environmental destruction occurs over the next few years). The cheap and abundant resources necessary for the function have mosty been consumed. Corporations are now scraping the bottom of the barrel in desperate attempts to maintain BAU.

        .

  6. randal 7

    frank mac. I feel like I have been juxtaposed too. everybody is saying that. so just how do juxtapose 45,000 jobs against rising unemployment. The red queen is still on a mushroom binge methinks.

  7. Rich 8

    [China’s] huge manufacturing sector is starting to slow and orders are weakening, especially for exports

    Well yeah. They’ve already got a very high market share in almost everything they make. It’s hard to see where any growth is going to come from, especially as their customers are having their spending power reduced.

    (which is why China would never dream of stopping lending to the West. They have to if they want to keep their factories busy and workers docile).

    Half of the Chinese workforce are still farmers. Their ability to grow their middle class is limited by the consumption of their export customers. You’ve got stories of riots and ghost cities.

    If China crashes, there’s likely to be huge political instability (for the third time in the last 60 years) – they’ll likely turn inward and commodity demands will drop substantially. Which, apart from anything else, isn’t going to be good for our “rock-solid” Aussie banks.

  8. John D 9

    If the markets are going to crash, there’s probably bugger all we can do anyway

  9. JS 10

    DTB – I’ve been thinking this is more like 1932/33. That is when the desperation and riots really set in. But the misery, poverty and public service cuts of the early 1930s also led to the first Labour government’s landslide 1935 election win, and the creation of the welfare state. So a similar transformation may not be too far away.

    • Afewknowthetruth 10.1

      JS

      There will be a huge transformation but it won’t be towards a welfare state. The resources that permitted the establishement of the welfare state no longer exist. For instance, in the 1930s and 1940s US oil extraction was rising….even through the 1950s and 1960s. But US oil extraction peaked in 1970 and has been declining since ( with a short term reduction in the rate of decline when Alaska came on stream). Britian, Australia, NZ, Indonesia, Norway……. practically every nation has peaked in oil extraction, with just a few nations (plus a bit of ‘unconventional oil) holding up the system.

      We could hope for a society that is not dominated by fascists, but hoping probably won’t be enough: people will have to get off their arses and fight for democracy, otherwise what little remains of it will vanish in overnight.

      Unfortunately, many NZers seem more interested in rugby than in their own futures.

  10. Richard 11

    Ahh that article finally had some replies published

  11. Richard 12

    Btw, i HIGHLY suggest watching this

    In a scary and painfully frank interview a freaked out BBC interviewer is visibly shaken when market trader Alessio Rastani predicts that the “Market is Toast.”

    • Carol 12.1

      Richard, as far as I could see, the BBC interviewer was not so much shaken by the prediction of a major market crash, but by the way Rastani said he’d been looking forward to it, because he saw it as an opportunity to make major bucks just like people did in the 1930s.

    • Thank you for that, Richard. (I think. I need to go change my underwear after hearing that trader.)

      It is precisely what I needed to counter Key’s vacant optimism, as expressed today in Parliament.

    • Deadly_NZ 12.3

      Yep but he is in the mold of another Key. But finally we get one telling the truth. They DO NOT CARE what happens as long as they make money!!!!! Fucking vampires…

      • AAMC 12.3.1

        I thought towards the end he looked scared too, I’m gonna make money, I’ve been dreaming of this, then… Goldman Sacs runs the world, estrone should get prepared to loose their savings an houses.

        The earlier part was bravado, the truth showed as he progressed.

  12. Richard 13

    yeah thats partly true, i also think alot of it was shock at the openness in which he said that what the governments do wont affect what they do… in the end, the markets are about making money… its just rare that a trader will be so blunt

  13. Afewknowthetruth 14

    The banksters will do whatever they can to keep their Ponzi scheme going. You have to admire their sense of humour: ‘big bang’. A bit more money created out of thin air to replace the money created out of thin air that people have lost confidence in:

    Independent UK.

    Eurozone members look at ‘big bang’ plan to overcome debt crisis

    Bailout fund may be given increased powers, says ECB, as German Chancellor seeks support for cash injection to Greece

    By Stephen Foley in New York and Tony Paterson in Berlin

    Tuesday, 27 September 2011
    Reuters

    In an interconnected world, chaos in the eurozone threatens the global economy. If Greece defaults without back-stop support, the financial system could well freeze over and business confidence would collapse as it did after the implosion of Lehman Brothers three years ago. Banks would stop lending, trade would grind to a halt and another recession or a depression would result

    Under pressure from the US and the rest of the international community, eurozone officials are considering a “big bang” plan to dramatically increase the size of the European bailout fund to tame financial markets and bring the sovereign debt crisis under control.

    A European Central Bank (ECB) board member threw his weight behind a plan, first mooted by the US Treasury, to increase the size of the European Financial Stability Facility (EFSF) by allowing it to borrow additional funds from the ECB.

    The comments, by Lorenzo Bini Smaghi at a conference on the sidelines of the International Monetary Fund, were the first hints that a plan to leverage up the EFSF is being considered by the ECB and the eurozone governments which are contributors to the fund.

    The EFSF was conceived as a fund to channel bailout money to eurozone countries that were having trouble servicing government debt, but its ability to fully contain the sovereign debt crisis has been in doubt almost since its inception. Contributors have pledged up to €780bn (£675bn), though ratification through member countries’ parliaments is slow and uncertain.

    The plan emerging last night would widen the scope and dramatically increase its size, providing additional funds to buy government debt from any countries that might be frozen out of the financial markets, a major fear for core eurozone members Spain and Italy. It would also be able to inject money into any European banks that get into trouble because of losses on government debt, such as are likely to occur if Greece defaults on its debt – something that markets now view as inevitable.

    Markets around the world achieved a degree of calm yesterday on rumours of the big bang approach from the eurozone, and new reports on the details of the wider, bigger EFSF sent the US stock market soaring last night. Turmoil in the eurozone is the biggest single threat to the global economy, traders believe, and they have watched political wrangling on the continent with alarm. There was also disappointment that the G20 and IMF meetings over the weekend ended with no major policy announcements, though it was clear that work was continuing at a frenzied pace behind the scenes.

    That the solution is by no means secure was underlined when Germany’s Chancellor Angela Merkel took the rare step of appearing on a television chat show in an attempt to halt a dramatic decline in public support for her coalition’s plans to contribute to the Greek bailout. Opinion polls suggest that between 75 and 80 per cent of Germans oppose more cash injections for Greece. Several leading members of Ms Merkel’s coalition also oppose the plan.

    However, Ms Merkel warned during her television appearance that Germany’s failure to help Athens could result in a domino effect which could spread throughout the eurozone. “We have to be able to put up a barrier,” she told viewers, adding that she wanted Greece to keep the euro.

    The Chancellor’s made her remarks before a key parliamentary vote in the German Bundestag on Thursday over plans to approve increases to the lending capacity of the EFSF. With opposition increasing from within her own ranks, particularly among her liberal Free Democrat coalition partners, Ms Merkel cannot be absolutely certain of a majority.

    The Chancellor has indicated that she may have no option but to rely on the votes of opposition Social Democrats and Greens to get the measure through parliament. Some observers have predicted that if she is forced to take this course, she could be forced to hold a parliamentary vote of confidence in her administration which would almost certainly result in the collapse of her coalition. However, Ms Merkel insisted during her appearance that she was confident of obtaining a majority during the vote. “I want a majority of my own and I am confident about getting one,” she said.

    Ms Merkel was due to meet Greek Prime Minister George Papandreou in Berlin tonight for renewed discussions about Athens’ ability to cope with the crisis caused by its deepening debt problem.

    What a Greek default would mean for…

    The world economy

    In an interconnected world, chaos in the eurozone threatens the global economy. If Greece defaults without back-stop support, the financial system could well freeze over and business confidence would collapse as it did after the implosion of Lehman Brothers three years ago. Banks would stop lending, trade would grind to a halt and another recession or a depression would result.

    Greece

    Some argue that default and leaving the euro would not be a disaster for Greece. After all, it would then be free of austerity measures that threaten to keep the country in a spiral of spending cuts and weakening growth. It would also have a weaker, more competitive currency. But with no one willing to lend it money, the country, which is led by George Papandreou, pictured, would have to print money and risk hyper-inflation. Unpleasant as it is, the proposed bailout may be the best compromise for Greece.

    The banks

    Europe’s banks would go into meltdown if Greece defaulted in a “disorderly” fashion because they have large holdings of bonds (or IOUs) issued by Greece and countries such as Italy and Spain. A full default would leave Greece’s bonds worthless, causing banks huge losses. France’s banks have sparked the greatest fears because of concerns about their exposure to Greek debt and the market thinks they need more capital. UK banks have smaller holdings of Greek bonds but would face trouble if panic spread to Ireland and Spain.

    The euro

    A chaotic Greek default would almost certainly see panic spread to the sovereign debt of Italy and Spain, which are too big to be bailed out under current arrangements. That scenario could trigger the break-up of the single currency. The package under discussion is intended to replace past patch-ups with a decisive plan to shore up confidence in the eurozone’s political resolve.

    Britain

    The UK needs this plan to work, hence the urgent calls from David Cameron and George Osborne for action. Europe is by far this country’s biggest trading partner and economic catastrophe there would choke off exports that the Government and the Bank of England are trying to encourage to boost growth.

Links to post

Recent Comments

Recent Posts

  • Building back better
    It’s a three-week recess in Parliament – so, no bills are going through the House and no select committees are meeting. But the hard work of our ministers continues, and many of our MPs are back in their electorates, taking the opportunity to meet with local communities and businesses about ...
    1 day ago
  • Greens call for a Warrant of Fitness for rental homes
    The Green Party is launching a petition today calling on the Government’s Healthy Homes Standards to be backed up with a proper Warrant of Fitness (WoF) for rental homes. ...
    4 days ago
  • Securing our recovery: By the numbers
    Our plan to secure New Zealand’s recovery from COVID-19 is working, with the past three months seeing the second-highest number of people moved off a main benefit into work since records began. ...
    1 week ago
  • More Kiwis in work through recovery plan
    The latest statistics show the Government’s focus on jobs is working. The net number of people on a main benefit dropped by around 11,190 people during the past three months, with around 31,240 people moving off a benefit into work. ...
    1 week ago
  • Green Party appoints new Chief of Staff
    The Green Party has appointed a new Parliamentary Chief of Staff, Robin Campbell. ...
    2 weeks ago
  • We’re turning 105!
    It’s our birthday! Today, 105 years ago, the New Zealand Labour Party was founded. And we haven’t stopped moving since: fighting for workers’ rights, expanding protections to boost equality, and upholding democratic socialist ideals. We’re now the oldest political party in New Zealand and, as we celebrate our 105 years, ...
    2 weeks ago
  • Principles for guiding the Emissions Reduction Plan Speech
    Tēnā koutou, tēnā koutou, tēnā koutou katoa. ...
    2 weeks ago

  • New station a platform for AirportLink to take off
    Every Aucklander with access to the rail network will now have a quick and convenient trip to the airport, Transport Minister Michael Wood and Auckland Mayor Phil Goff said during the official opening of the new Puhinui Interchange today. The new interchange links the rail platform with a new bus ...
    BeehiveBy beehive.govt.nz
    13 hours ago
  • 10 days sick leave for employees delivered
    Legislation doubling employees’ minimum sick leave entitlement to 10 days comes into effect today, bringing benefits to both businesses and employees, Workplace Relations and Safety Minister Michael Wood announced today. “Our Government is delivering on a key manifesto commitment to help Kiwis and workplaces stay healthy,” Michael Wood said. “COVID-19 ...
    BeehiveBy beehive.govt.nz
    17 hours ago
  • Prime Minister congratulates Fiame Naomi Mata’afa on Election Win
    Prime Minister Jacinda Ardern tonight congratulated Prime Minister-elect Fiame Naomi Mata’afa on her victory in the Samoa’s general election. “New Zealand has a special relationship with Samoa, anchored in the Treaty of Friendship. We look forward to working with Samoa’s new government in the spirit of partnership that characterises this ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Quarantine Free Travel with Australia suspended
    Quarantine Free Travel from all Australian states and territories to New Zealand is being suspended as the Covid situation there worsens, Prime Minister Jacinda Ardern and COVID-19 Response Minister Chris Hipkins announced today. From 11.59pm today Australians will no longer be able to enter New Zealand quarantine-free. This will be ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Growing conservation efforts in Gisborne
    A big injection of Jobs for Nature funding will create much-needed jobs and financial security for families in TeTairāwhiti, and has exciting prospects for conservation in the region, Conservation Minister Kiri Allan says. “The projects target local communities most affected by the economic consequences of COVID 19 and are designed ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Flood recovery given further assistance
    The Government is contributing a further $1 million to help the flood battered Buller community, Acting Emergency Management Minister Kris Faafoi announced today. “Buller is a small community which has found itself suddenly facing significant and ongoing welfare costs. While many emergency welfare costs are reimbursed by Government, this money ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Funding for five projects to reduce food waste
    The Government is funding five projects to help address the growing problem of food waste, Environment Minister David Parker announced today. “New Zealand households throw away nearly 300,000 tonnes of food every year, half of which could still be eaten. By supporting these initiatives, we’re taking steps to reduce this ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Temporary Accommodation Service activated for West Coast flooding event
    The Temporary Accommodation Service (TAS) has been activated today - meaning residents on the West Coast of the South Island and in the Marlborough region hit by flooding over the weekend can now access help finding temporary accommodation, announced Associate Minister of Housing (Public Housing) Poto Williams in Westport today. ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Pause to Quarantine Free Travel from South Australia to New Zealand
    Quarantine Free Travel from South Australia to New Zealand will be paused from 11.59am (NZT) tonight, COVID-19 Response Minister Chris Hipkins has announced. However, people currently in the state who ordinarily live in New Zealand will be able to return on “managed return” flights starting with the next available flight, ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • New Zealand condemns malicious cyber activity by Chinese state-sponsored actors
    New Zealand has established links between Chinese state-sponsored actors known as Advanced Persistent Threat 40 (APT40) and malicious cyber activity in New Zealand. “The GCSB has worked through a robust technical attribution process in relation to this activity. New Zealand is today joining other countries in strongly condemning this malicious ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Remarks to Diplomatic Corps
    It is a pleasure to be with you all this evening. Some of you may have been surprised when you received an invitation from the Minister of Disarmament and Arms Control, and I would forgive you if you were. New Zealand is unique in having established a Ministerial portfolio ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Early Pfizer shipment boosts vaccine schedule
    The largest shipment of the Pfizer vaccine to date has arrived into New Zealand two days ahead of schedule, and doses are already being delivered to vaccination centres around the country, COVID-19 Response Minister Chris Hipkins says. “The shipment of more than 370,000 doses reached New Zealand yesterday, following a ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Backing for Bay of Islands predator free effort
    The Government is throwing its support behind an ambitious project to restore native biodiversity and build long-term conservation careers, Conservation Minister Kiri Allan says. Predator Free Bay of Islands aims to eradicate predators from the three main peninsulas in the region, and significantly reduce their impact throughout the wider 80,000-plus ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Government commits $600,000 to flood recovery
    The Government is contributing $600,000 to help residents affected by the weekend’s violent weather with recovery efforts. Acting Minister for Emergency Management Kris Faafoi and Agriculture Minister Damien O’Connor have been in the Buller district this afternoon to assess flood damage and support the local response effort. They have announced ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Government assisting local responses to heavy rainfall and high wind
    Acting Minister of Emergency Management Kris Faafoi says Central Government is monitoring the severe weather across the country, and is ready to provide further support to those affected if necessary. “My thoughts are with everyone who has been affected by this latest event, particularly communities on the West Coast and ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • PM Ardern chairs APEC Leaders’ meeting on COVID-19
    New Zealand Prime Minister Jacinda Ardern has chaired a meeting of Leaders representing the 21 APEC economies overnight. “For the first time in APEC’s history Leaders have come together for an extraordinary meeting focused exclusively on COVID-19, and how our region can navigate out of the worst health and economic ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Health Minister welcomes progress on nurses’ pay
    The New Zealand Nurses Organisation’s decision to take the Government’s improved pay offer to members and to lift strike notices is a positive move towards settling district health board nurses’ pay claims, Health Minister Andrew Little said. “It’s encouraging that the discussions between NZNO and DHBs over the nurses’ employment ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Boost for Pacific regional business
    Pacific businesses will get a much-needed financial boost as they recover from the effects of the COVID-19 pandemic thanks to the new Pacific Aotearoa Regional Enterprise Fund, said Minister for Pacific Peoples Aupito William Sio.  The new $2 million fund will co-invest in Pacific business projects and initiatives to create ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • PM Ardern call with President Biden
    Prime Minister Jacinda Ardern spoke with US President Biden this morning, ahead of the APEC Informal Leaders’ Retreat on COVID-19. “President Biden and I discussed the forthcoming APEC leaders meeting and the critical importance of working together as a region to navigate out of the COVID-19 pandemic”, Jacinda Ardern said. ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Renewed partnership creates jobs for New Zealand youth
    The Government has signed a new memorandum of understanding (MoU) with the Mayors Taskforce for Jobs, strengthening the partnership to get more young people into work.  The Mayors Taskforce for Jobs (MTFJ) is a nationwide network of all Mayors in New Zealand, who are committed to making sure all young ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • South Island areas prioritised in tourism fund
    Five South Island areas are prioritised in the latest round of decisions from a tourism fund that is supporting infrastructure projects from Cape Reinga to Stewart Island and the Chathams. Tourism Minister Stuart Nash has announced details of 57 nationwide projects to receive support from the Tourism Infrastructure Fund (TIF). ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • New code sets clear expectations for learner safety and wellbeing in tertiary education
    A new code of practice for the pastoral care of domestic tertiary and international students will be in place from January next year, Education Minister Chris Hipkins announced today The code, which makes clear that creating an environment that supports learning and wellbeing is a shared responsibility between tertiary providers, ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • First TAB New Zealand Board appointments announced
    The members of the first TAB NZ Board come with experience in racing and sport administration, business and governance, the betting industry, broadcasting and gambling harm minimisation. “This Board will progress from the excellent work done by the interim board, put in place in August 2020,” Grant Robertson said. “The ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Northland Maori Pathways initiative introduced
    The Government has today launched Māori Pathways at Northland Region Corrections Facility, a ground-breaking series of initiatives designed in partnership with Māori to reduce re-offending and improve outcomes for whānau. A key part of the Hōkai Rangi strategy, Māori Pathways looks to achieve long-term change and involves a number of ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Extended Essential Skills visas being rolled out
    Two year Essential Skills visa to provide certainty to at least 18,000 visa holders Streamlined application process to benefit at least 57,000 visa holders The Government is increasing the duration of some Essential Skills visas and streamlining the application process to provide more certainty to employers and visa holders while ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Pause to Quarantine Free Travel from Victoria to New Zealand
    Quarantine Free Travel from Victoria to New Zealand will be paused from 1.59am (NZT) Friday, COVID-19 Response Minister Chris Hipkins has announced. The decision follows updated public health advice from New Zealand officials and a growing number of cases and locations of interest. The pause will run for at least ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Hydrogen arrangement signed with Singapore
    The signing of an Arrangement of Cooperation on low-carbon hydrogen with Singapore heralds the start of greater collaboration between it and New Zealand as both countries transition towards low carbon economies, says Energy and Resources Minister Megan Woods. The cooperation arrangement between New Zealand’s Ministry of Business, Innovation and Employment ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Hydrogen agreement signed with Singapore
    The signing of a Memorandum of Cooperation on low-carbon hydrogen with Singapore signals the start of greater collaboration between the two countries as they transition towards low carbon economies, says Energy and Resources Minister Dr Megan Woods. The cooperation agreement between New Zealand’s Ministry of Business, Innovation and Employment and ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Speech to LGNZ Conference
    Kia ora koutou katoa and thank-you for the invitation to speak to you all today. I would like to acknowledge Local Government New Zealand President Stuart Crosby, and Chief Executive, Susan Freeman-Greene, Te Maruata Chair, Bonita Bigham, and our host, Mayor John Leggett. I also acknowledge all the elected members ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government to provide support for water reforms, jobs and growth
    The Government today announced a $2.5 billion package to support local government transition through the reforms to New Zealand’s drinking water, wastewater and stormwater services. The package will also stimulate local economies while creating jobs and unlocking infrastructure for housing. “New Zealand’s water systems are facing a significant crisis and ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government Initiatives Contribute to Fall in Benefit Numbers
    Minister for Social Development Carmel Sepuloni has welcomed the release of the June quarter Benefit Statistics which show a continuing fall in the number of people receiving a Main Benefit. “This Government’s plan to increase work focused support for Jobseekers is paying off,” Carmel Sepuloni said. “All up Benefit numbers ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Tourism support package continues rollout
    Mental wellbeing support is being rolled out to five South Island communities most affected by the absence of international tourists. Tourism Minister Stuart Nash today announced details of how tourism operators and communities can access the help announced in May as part of the government’s $200 million Tourism Communities: Support, ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • NZ-PNG Sign Statement of Partnership
    New Zealand’s Prime Minister Jacinda Ardern and Papua New Guinea’s Prime Minister James Marape signed the first ever New Zealand - Papua New Guinea Statement of Partnership today. “This new Statement of Partnership reflects the importance we place on the close economic, cultural and people-to-people links our two countries have ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Further advice being sought on new cases in Victoria
    Further advice is being sought from public health officials following seven new positive cases of COVID-19 in Victoria today, COVID-19 Response Minister Chris Hipkins says. “There are also a growing number of locations of interest that are of concern, including a sports stadium on Saturday and several pubs,” Chris Hipkins ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Christchurch Learning Community Hubs supporting ethnic families
    As part of the Government’s ongoing commitment to working with the victims and those affected by the March 15 terror attacks, today Associate Minister of Education Hon Jan Tinetti released the report ‘Voices from the Ōtautahi’ on the Christchurch Learning Community Hubs. “It’s so important we continue to support the ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Hundreds more hands funded to work for nature
    Supporting biodiversity protection through community-led projects and on private property will create at least 500 more jobs under the Mahi mō te Taiao/Jobs for Nature programme, Minister of Conservation Kiritapu Allan announced today. “The work we are funding includes everything from pest control and restoration planting to plant propagation, skill ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Saliva testing expansion for frontline border workers
    All frontline border workers who are required to be regularly tested for COVID-19 will soon be able to choose regular saliva testing as a full replacement for nasopharyngeal testing, COVID-19 Response Minister Chris Hipkins has announced. Saliva testing will be expanded as an option for all those on a regular ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government consults on freshwater farm plan
    The Government is inviting farmers and growers to provide their practical ideas to help develop high-quality and workable freshwater farm plans, in line with its freshwater goals said Agriculture Minister Damien O’Connor and Environment Minister David Parker. The ministers today released the consultation documents for freshwater farm plans and stock exclusion low slope maps. Comment is being sought on a new, more ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Increased support for midwives
    New measures to help bolster the midwifery workforce as they care for the next generation of New Zealanders, have been announced today by Associate Minister of Health Dr Ayesha Verrall. “New Zealand’s midwives are committed to the wellbeing of women and whānau, but they’re facing significant challenges. The DHB midwifery ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Prime Minister's Speech to NZIIA Annual Conference
    Ladies and gentlemen, distinguished guests, ata mārie, tēnā koutou katoa. It’s a great pleasure to attend an event on such an important topic as New Zealand’s future in the Indo-Pacific region. Thank you to the New Zealand Institute of International Affairs for bringing this hui together. I am encouraged to ...
    BeehiveBy beehive.govt.nz
    1 week ago