web analytics

Something missing from asset sales debate

Written By: - Date published: 7:28 pm, September 8th, 2012 - 38 comments
Categories: assets, labour, national, Privatisation, uncategorized - Tags:

Something’s missing from Labour’s position on asset sales. It’s what it will do with the partially privatised companies (if the sales do go ahead despite Treaty issues and the dearth of economic rationale)  when  Labour is once more in  government.  I understand why it cannot promise to buy back the shares but why not make the sales less attractive by saying to potential buyers, regarding Mighty River and co, the next Labour led government WILL regulate power prices so  the private sector will NOT profit from higher prices (or by ‘growing prices’ as they say in the industry these days)?

That’s pretty much what Labour did when National privatised ACC (they announced very clearly that renationalising ACC would be one of its first acts, and it was) and that uncertainty did limit the number of overseas insurance companies willing to enter the market.

Am I missing something?  Why is this not Labour policy?

38 comments on “Something missing from asset sales debate ”

  1. pete 1

    David Cunliffe suggested the renationalisation wasn’t off the table (link: http://tvnz.co.nz/q-and-a-news/david-shearer-cuniffe-transcript-4588650).

    I think he copped a bit of flak for that, but signalling strong regulation would be a much more palatable strategy.

    Since strong regulation is going to be necessary, signalling it now will make it much easier to pass in future. Labour will have a powerful mandate if they announce their intentions early. Buyers will be aware of the regulatory risk when they buy, especially if that risk makes it into the prospectus.

    • BernyD 1.1

      It’s like they are waiting for more polls before they decide.
      Strange that they vet the voices before acting on them.
      A simple “I hear you” is all that’s required, it’s not policy making, just standing with people.
      They have all the policy ready to go, the whole party is Civilised, it’s time for us to hear them speak it.

    • Fortran 1.2

      pete

      Labour will not have enough seats to have a mandate on their own, but with the Greens, and Winston parties they will have.
      There is a need to get some agreement underway now, as Key may well call an early General Election over the Maori water affair.

    • Dr Terry 1.3

      David Cunliffe “suggested” . . . “we would not rule out renationalising them . . . We look very hard at that”. Labour is careful not to make any “commitment” to buying anything back. They just would not rule it out!
      On the whole, in this interview, Cunliffe is considerably more specific than Shearer, however. Shearer is noteworthy for “hedging his bets”, with the one exception of a strong statement concerning our troops in Afghanistan.

  2. Colonial Viper 2

    Am I missing something? Why is this not Labour policy?

    Why why why, what could the answer be???

    And not just simply regulating power prices. Also make it clear that the Government will select the majority of the Board of each power company.

  3. Rory 3

    There’s a strong view amongst the rank-and-file that renationalisation should take place, and that we should announce it before the election. A remit to such effect is travelling to Conference in November.

    If the claims run by Labour and KOA coalition are true (i.e. the economic and fiscal benefits of state ownership), then surely it makes economic and fiscal sense to buy these revenue-generating assets back?

    The implication of not doing so suggests that the claims we make to every kiwi who signs the petition are a cynical political stunt devoid of any real commitment to public ownership of the towering heights of the market.

    Clayton Cosgrove, and David Shearer, dismissed renationalisation as a potential policy commitment at the Region 4 conference and in the media; which makes the remit fight at National Conference particularly interesting. Our MPs may regret being so haste to reject what is really a sensible, ideologically consistent, and politically popular policy. They may be forced to change position come December.

  4. RedLogix 4

    Agreed.

    I’ve been thinking this for some time. If it was clearly signalled BEFORE any sale AND the terms that would be imposed … then there can hardly be an objection.

    It’s so obvious that you have to ask why not.

    • Draco T Bastard 4.1

      Because it’s traditional for a government not to fully and immediately undo what the previous government did even when what the previous government did was a) not in the interests of the country and b) against the will of the people. The reasoning is that if any government did that then you’d get tit for tat governing and thus no stability. Meanwhile, whenever the right get into power they do what they want and the next leftish government is effectively prevented from fixing their fuckups which, of course, adds to the growing inequality and general degradation of our society.

      Need more referendums to get off this path into a Banana Republic that the right have got us on.

      • Shaz 4.1.1

        I think regulation rather than renationalisation might be the best hope and the pressing issue for Labour is the TPP, which, if it goes through will limit a new progressive government’s ability to change legislation in case an aggrieved overseas invesvtor – seeing the likelhood of reduced profits triggers an investor states tribunal case through the TPP mechanism to overturn the legislation and / or exact compensation for lost earnings.

        • Dean Reynolds 4.1.1.1

          The obvious solution is that the next Labour/Green govt withdraws from the TPP. It’s delusional to think that membership of the TPP wil bring any benefits to ordinary New Zealanders

          • Colonial Viper 4.1.1.1.1

            The TPP will no doubt be set up to make it prohibitively expensive to withdraw from it. That’s what signing a deal with the devil usually entails.

      • Macro 4.1.2

        Muldoon and the previous govt super scheme spring to mind? _ and yes look what a mess that turned into. 🙁

      • AmaKiwi 4.1.3

        What do call rulers who make their own rules for how they will be re-elected? Dictators.

        We are not even going to have a referendum on the proposed changes to MMP!

        Leading Labour MP’s hate the mention of binding referendums. Which leaves people who campaign for Labour in an awkward position: “My Labour dictator will be better than their dictator. I’m sorry, democracy is not part of our policy.”

  5. Tim 5

    Interesting debate….and I’m just an interloper trawling the various “soshul netwerking” sites, since it seems to be the thing to do – even though any sort of substance is “v-i-r-t-u-a-l” It’s a nice way though o not actually having to smell shit, or even rotting bodies.
    Seems to me though that what is most paramount is to find a way to ensure this cyclical bullsht that’s driven by ideological extremes can come to rest. Swing right, swing left ………swing LOW sweer chariot. Really it’s all fucked up royally!
    Why do we even vote ffs!
    If we are going to even pretend we are a democracy, then we should be looking at ways whereby things like asset sales (supposedly owned by a “public”) cannot enter into the realms of the used-car-salesman, or any other “mouth” with the gift of the gab, but precious little else.

    It’ all a bit of a joke really. But I d see Keys and Joyces and Bennets hanging off the crossmembers of rural lamposts if they continue with all this crap.

    Roll the dice I spose! Let’s see where it falls. Damn sure though a Key or a JoiceJuice or a Bent really haven’t thought too far ahead.

  6. Wayne 6

    Draco, the same principle also applies to centre- right governments. There are many things that Labour does that National does not undo. ACC has not been opened to competition; the ERA was modified, not repealed, just as Labour did not reintroduce compulsory unionism in 2000. Incoming governments always have to work out what has permanently changed and what can be modified. Renationalisation would be a spectacular waste of money for no gain. The Government would be reborrowing, but for New zealanders there would be no change; power prices would not decrease, no-one would get better services. Surely an incoming Labour Government would want to do things that would change peoples lives in some tangible way.

    • Draco T Bastard 6.1

      Draco, the same principle also applies to centre- right governments.

      Yes, but there tends to be a bit of a difference. What NACT do is detrimental to NZ while what the left does generally isn’t (it’s usually repairing the damage that NACT have done). Not being able to undo the detrimental stuff has us, on average, getting worse off.

      ACC has not been opened to competition;

      Yeah but that’s not because they didn’t try. They got in power, said ACC was in the shit and raised fees. A year later with ACC well into surplus it came out that they’d have to raise fees again just so that private insurance companies could compete.

      Renationalisation would be a spectacular waste of money for no gain.

      Renationalisation is the only option that doesn’t continuously make us worse off.

      The Government would be reborrowing,

      The government never needs to borrow which is part of the problem – they keep doing so.

    • Dr Terry 6.2

      “Surely”? Never be too certain!

    • fatty 6.3

      “the ERA was modified, not repealed”

      Why would National want to repeal such a pathetic piece of legislation? Its as if they wrote it themselves

    • felix 6.4

      “Renationalisation would be a spectacular waste of money for no gain. “

      Obviously the “gain” is the ownership and control of our energy infrastructure. Pretty important as we’re at the end of the age of cheap energy and it would be really, really stupid to put ourselves in a position where we have to pay for the profits of overseas owners just so we can use our own energy network.

      As for the cost of re-nationalisation, it needn’t cost a cent if it’s clearly and fairly signaled.

  7. Mikesh 7

    The difficulty Labour has is that it would not be sensible to do or say something that would lower the price that the government receives if the sales go ahead.

    • Anne 7.1

      Why?

      The lower the price the better. It’s right wing ideological claptrap anyway, so if the Left can help it to fail… all well and good!

      • Nick 7.1.1

        Unfortunately the Government is determined to go ahead with these sales regardless. Even though they said they wouldn’t sell them if they couldn’t get a fair price they will need to sell some if not most of the assets they are looking at before the next election to have any credibility amongst their base.

        If Labour could do something to force the price down but not stop the sales then the books are even worse off than if they get sold for a fair / high price.

        Best bet would be to have something effective block the asset sales completely, if they are going ahead anyway then Labour needs to be careful about its position, we don’t want the sales to have gone ahead, be a failure and Labour take the blame prior to the next election. Crosby-Textor would have a field day.

        • felix 7.1.1.1

          “Even though they said they wouldn’t sell them if they couldn’t get a fair price “

          I’ve heard English say this, but I’ve also heard Key say in the house that they’ll sell them regardless of price simply because selling them is the “right thing to do”.

          • Anne 7.1.1.1.1

            I’ve also heard Key say in the house that they’ll sell them regardless of price simply because selling them is the “right thing to do”.

            Yep. Proves my point at 7.1 “Nothing but ideological claptrap.”

            Get in behind the referendum petition folks. The greater the number of signatures, the less likely this govt. can ignore it – despite Key’s bull-shitting rhetoric to the contrary.

            An example of how worried they are about the petition:

            I heard Bill English claim on Q&A this morning – and I quote “the Labour Party is so desperate it’s getting children to sign the petition”. He went on to say “they wouldn’t get away with it because the kids names will be removed… ha ha ha”. But we know that English is a consummate liar from way back.

  8. Raymond A Francis 8

    One reason was that during the 9 years that Labour was running things they regarded the power companies as a cash cow and would be loath to cut even 51% of that payout
    The rumour that they (the MPs) will be buying up large if they come onto the block is just that (a rumour)

    • Colonial Viper 8.1

      One reason was that during the 9 years that Labour was running things they regarded the power companies as a cash cow and would be loath to cut even 51% of that payout

      Indeed. Labour set those companies up to be irresistable to the Tories to sell.

  9. Treetop 9

    I just love it that the asset sales are keeping the Government up at night; their day dreaming (not seeing all the pitfalls) just has to stop.

  10. Wayne 10

    Felix, are you proposing expropriation without compensation, well you know Labour and probably not even the Greens would do that. Mind you Hone would!

    More seriously what does renationalization actually do. Draco says it means regaining control, but it is not lost with the Govt retaining 51%. More importantly it does not change anything for the voters own circumstances, such as bringing down power prices. Programs relevant to voters require tax and benefit changes or jobs and innovation programs, or social, health, education and housing programs. The actual design of course depends on each parties view.

    By the way Draco Labours ERA retained many of the features of the ECA – Labour in 2000 realized there was no going back to the pre 1984 era, and who would want to?

    • Draco T Bastard 10.1

      Draco says it means regaining control, but it is not lost with the Govt retaining 51%.

      More ignorance. Selling off even a small amount limits what the government can do with the assets as the minor shareholders get veto on anything that might decrease their returns thus a loss of control.

      More importantly it does not change anything for the voters own circumstances, such as bringing down power prices.

      Wrong again. It means that taxes are going to have to go up to pay for the loss of income from the power companies. That is definitely a change for the voters.

      By the way Draco Labours ERA retained many of the features of the ECA

      So?

      Labour in 2000 realized there was no going back to the pre 1984 era, and who would want to?

      The 10% to 20% of the population that have shifted into the Precariat since the neo-liberal reforms of the 1980s? You know, the people who no longer have a stable income and who are living below the breadline.

  11. Wayne 11

    Draco, Tell me anything that has happened over the last several years (and I include the Labour Govt) that the SOE’s do to benefit the consumer in a way that is significantly different to other companies. In fact Trust Power seems closer to the Tauranga community that the Power SOE’s seem to be to us as taxpayers.

    You also seem to be ignoring the fact the the sale reduces debt whereas renatinalisation increases it. Now I know that there will be increased income, but also note the Govt only gets the dividends, not the whole company profit, and of course it has to pay the interest on the increased debt.

    Do you think we should we should go back to the sort of economy that existed prior to 1984, which almost had New Zealand being bailed out by the IMF. The system was unsustainable. In any event it is a sterile argument. Those days are gone and no party who can form the core of a New Zealand government believes that form of centralized, highly regulated economy can return. That is why denationalization will not happen.

    • Draco T Bastard 11.1

      Tell me anything that has happened over the last several years (and I include the Labour Govt) that the SOE’s do to benefit the consumer in a way that is significantly different to other companies.

      Well, kept taxes down.

      You also seem to be ignoring the fact the the sale reduces debt whereas renatinalisation increases it.

      I’m not ignoring it. I realise, unlike you, that it will be temporary as the sale of those assets will induce more borrowing.

      Do you think we should we should go back to the sort of economy that existed prior to 1984,

      Nope. I think we should go to one where the government creates the money, not the private banks and where the government provides necessary services such as power because it’s a public good and not because it can make a profit at it. An economy where capitalism exists as a minor, non-critical part of society.

      In any event it is a sterile argument.

      No it’s not no matter how much you would like it to be so. We’re having it now and we’re having it because the reforms that the 4th Labour government brought in and was continued by later governments has just failed as much as the one that existed prior to 1929. The one that existed in 1984 didn’t fail that much which would indicate that it is somewhat better even if still a failure.

  12. Peter 12

    Good article Jenny. I have been wondering this too, to the point at which I wrote a letter to Shearer’s office in an attempt to get answers. Naturally, I didn’t.

    I would just be bold and renationalise the things. That’s the weapon that Labour currently possesses, but yet, it is too afraid to challenge it.

    Even if that isn’t appropriate, some strong policy on how we regulate the power system might come close.

    Not holding my breath though.

  13. Wisdumb 13

    Apart from changing the MOM Act to ensure that the government selected the boards and specified the chairpersons, and strongly regulating prices, as mentioned above by Col. Viper, a Labour govt should reverse some of the other nasties in the MOM Act: make the 51% owned entities subject to the Official Information Act and the Ombudsman Act. There are no doubt others in the fine print that need to be reversed.

    Renationalising should be a long term objective because the entire NZ electricity system needs to be run as a unified system. This would achieve real efficiencies that would match generating capacity with demand, and keep the Transpower side of things in tune with generation – they have quietly been underinvesting a la Telecom to show book profits, I seem to think, There would be no need for such forced manipulations as the exchange of South Island generation capacity and North Island virtual capacity between Meridian and Genesis, the gaming of the network, the construction of excess capacity for competitive reasons but isn’t then used but we have paid for it in falsely high electrictiy prices, the massive bumph competitive spin and PR, and the duplication of head offices, boards chairmen, and so on and so on. And let us not forget Geoff Bertram’s point, the false upvaluation of historically paid for assets to futher ramp up prices.

  14. captain hook 14

    The national government is fixated on the nineties when a huge shift occurred in the world financial markets and apparatus. namely computers where all the dweebs could sit down and anlayse a multibillion dollar business in an afternoon.
    One of the by productrs of this mass delusion was the falsehood that a spot market could be made in power pricing in every and al countries of the world.
    this was of course hopeless nonsense but the current crop of infantilised tory party mavens still beleive it or even if they dont they know they are in the box seat to get their share parcels.
    ungggggggggggghhhhhh.
    what a gang of creeps we have ended up with in control.

Recent Comments

Recent Posts

  • United Nations General Assembly: 76th General Debate Statement
    E ngā Mana, e ngā Reo, Rau Rangatira mā o tēnei Whare Nui o te Ao Prestigious people, Speakers of note, Chiefs one and all of this General Assembly Ngā mihi mahana ki o koutou katoa, mai i toku Whenua o Aotearoa Warm greetings to you all from my home ...
    BeehiveBy beehive.govt.nz
    20 hours ago
  • APEC 2021 Women and the Economy Forum prioritises women’s economic empowerment
    Minister for Women Jan Tinetti today chaired the virtual APEC 2021 Women and the Economy Forum, which is working to address outstanding issues for women and girls across the region as it recovers from the COVID-19 pandemic. The forum brought together Ministers and representatives from 21 economies to discuss gender ...
    BeehiveBy beehive.govt.nz
    22 hours ago
  • Upper Hauraki to move to Alert Level 2
    Upper Hauraki will move to Alert Level 2 from 11:59pm tomorrow, 25 September, COVID-19 Response Minister Chris Hipkins confirmed today. After positive cases were detected in the Upper Hauraki area on Sunday, extra Alert Level restrictions were put in place to immediately prevent any wider transmission of the virus.  “We’ve ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Report into Aotearoa New Zealand’s export controls system released
    Foreign Affairs Minister Nanaia Mahuta today welcomed the findings of an independent review into Aotearoa New Zealand’s export controls system, which regulates the export of goods to foreign militaries, police forces or paramilitaries. Produced by David Smol, a former Chief Executive of the Ministry of Business, Innovation and Employment, the ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • New District Court Judge appointed
    Attorney-General David Parker has announced the appointment of Brett Crowley of Wellington as a District Court Judge.  He is currently the Wellington Public Defender and started his career as a staff solicitor working in a range of litigation including criminal defence work. He went to the bar in 1999 specialising ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Mental health stocktake shows strong progress
    The first report of the Government’s Implementation Unit has found strong progress has been made since the Mental Health and Addictions Package was announced in 2019. “The report notes most initiatives funded in the Budget 2019 package are on track to deliver what is expected by 2023/24,” Grant Robertson said. ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Working together to grow the West Coast
    A project that has been crucial in allowing businesses to continue during the tourism downturn is among a number of initiatives to receive a boost from the Government’s Jobs For Nature programme, Conservation Minister Kiri Allan says. Sustaining South Westland is an extension of an initiative set up last year ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Next steps to improve safety in wake of Whakaari White Island tragedy
    The Government is moving to improve safety in light of the Whakaari White Island tragedy and has released proposals to reinforce safety standards in registered adventure activities. The package of proposals includes: Strengthening requirements for how operators, landowners and the regulator manage natural hazard risks Improving how risks are monitored, ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • New Zealand donates more COVID-19 vaccines to COVAX and the Pacific
    Foreign Affairs Minister Hon Nanaia Mahuta and Associate Health Minister Aupito William Sio announced today that New Zealand is donating additional Pfizer vaccines to the Pacific and AstraZeneca vaccines to the COVAX Facility, to support equitable access to COVID-19 vaccines. “New Zealand is donating 708,000 doses of the AstraZeneca COVID-19 vaccine ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Speech to the Property Council of New Zealand
    Kia ora koutou katoa   Is it a pleasure to be able to speak with you today, and to be able to answer some questions you may have. I would like to acknowledge the organisers of this event, the Property Council. The theme of this year’s conference is City Shapers. Together ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Additional MIQ for Christchurch
    An additional hotel will be added to our network of managed isolation and quarantine facilities, COVID-19 Response Minister Chris Hipkins said today. “I have approved and Cabinet is in the final stages of signing off The Quality Hotel Elms in Christchurch as a new managed isolation facility,” Chris Hipkins said. ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • NZ COVID-19 response earns another major digital investment
    Minister for the Digital Economy and Communications Dr David Clark welcomes Amazon’s Web Services’ (AWS) decision to establish a Cloud Region on New Zealand shores, further boosting New Zealand’s growing digital sector, and providing a vote of confidence in the direction of New Zealand’s economic recovery. “Amazon is the second ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • New Zealand invests in cutting edge cancer R&D
    Scaling up the manufacture of CAR T-cell cancer therapy for clinical trials Advancing New Zealand’s biomedical manufacturing capability Supporting future international scientific collaborations Transforming cancer care with targeted, affordable solutions Research, Science and Innovation Minister Hon Dr Megan Woods has announced that the fight against COVID-19 will not stop the ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Expert group appointed to lead New Zealand’s future health system
    An outstanding group of people with extensive and wide-ranging governance and health experience have been appointed to lead the Māori Health Authority and Health New Zealand, Health Minister Andrew Little says. “This Government is building a truly national health system to provide consistent, high-quality health services right across the country. This ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Funding to help clean up contaminated sites
    The Government is supporting the clean-up of contaminated sites in Northland, Dunedin and Southland to reduce risk to people’s health and protect the environment. Environment Minister David Parker said the funding announced today, through the Contaminated Sites Remediation Fund, will help us turn previously hazardous sites into safe, usable public ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Predator Free apprenticeships open up new job opportunities
    The expansion of a predator free apprenticeship programme is an opportunity for more people to kick-start a conservation career, Conservation Minister Kiri Allan says. “The Predator Free Apprenticeship Programme is focused on increasing the number of skilled predator control operators in New Zealand through a two-year training programme. “The Trust ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Further NCEA support confirmed for Auckland students
    The number of Learning Recognition Credits for senior secondary school students will be increased for Auckland students, Education Minister Chris Hipkins confirmed today. This recognises the extended time these students will spend in Alert Levels 3 and 4. “It means students in Auckland will have a fair opportunity to attain ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Long-term pathway next step to better mental wellbeing for New Zealanders
    The Government is taking a new approach to support people who experience mental distress, Health Minister Andrew Little says. “Kia Manawanui Aotearoa – Long-term pathway to mental wellbeing (Kia Manawanui) is the first 10-year plan of its kind that targets the cause of mental distress and also sets out how ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Keeping our Police safe to keep our communities safe
    The Government is committed to keeping our frontline police officers safe, so they in turn can keep New Zealanders safe – with one of the largest investments in frontline safety announced by Police Minister Poto Williams at the Police College today.   The $45 million investment includes $15.496 million in ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Clean Vehicles Bill passes first checkpoint
    The Land Transport (Clean Vehicles) Amendment Bill will help New Zealand drive down transport emissions by cleaning up the light vehicle fleet, Transport Minister Michael Wood says. The Bill passed its first reading today and will establish the legislative framework for key parts of the Government’s Clean Car Package, including ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Funding boost supports ongoing Māori COVID-19 response
    The Government is responding to the need by whānau Māori and Māori Health providers to support their ongoing work responding to COVID-19 and to continue increasing rates of Māori vaccination, Associate Minister for Health (Māori Health), Peeni Henare and Minister for Māori Development Willie Jackson announced today.   This increased ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Significant increase to COVID-19 penalties
    Penalties for breaches of COVID-19 orders are set to significantly increase from early November 2021 to better reflect the seriousness of any behaviour that threatens New Zealand’s response to the virus, COVID-19 Response Minister Chris Hipkins said today. “Throughout this Delta outbreak we’ve seen the overwhelming majority of people doing ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Counter-Terrorism Legislation Bill returns to Parliament
    The Counter-Terrorism Legislation Bill has returned to Parliament for its second reading in an important step towards giving enforcement agencies greater power to protect New Zealanders from terrorist activity. “The Bill addresses longstanding gaps in our counter terrorism legislation that seek to protect New Zealanders and make us safer,” Justice ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Joint Statement: New Zealand and Australian Trade Ministers
    Hon Damien O'Connor MP, New Zealand Minister for Trade and Export Growth, and Hon Dan Tehan MP, Australian Minister for Trade, Tourism and Investment, met virtually on Monday 20 September to advance trans-Tasman cooperation under the Australia-New Zealand Closer Economic Relations Trade Agreement (CER). CER is one of the most ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Prime Minister’s Post Cabinet Press Conference/COVID-19 Update opening statement
    ***Please check against delivery***   E te tī, e te tā, nau mai rā [To all, I bid you welcome]   As you will have seen earlier, today there are 22 new community cases to report; three of which are in Whakatiwai in the Hauraki area, and the remainder in ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Major milestones for Māori COVID-19 vaccine rollout as new campaign launches
    Whānau Ora and Associate Health (Māori Health) Minister Peeni Henare acknowledges two major milestones in the rollout of the COVID-19 vaccination programme for Māori. “I am very pleased to announce more than 50 percent of eligible Māori have received their first dose and 25 per cent are now fully vaccinated,” ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Government funding to fight infectious diseases
    $36 million for research into Covid-19 and other infectious diseases The investment will improve our readiness for future pandemics Research will focus on prevention, control, and management of infectious diseases The Government’s investing in a new Infectious Diseases Research Platform to boost Aotearoa New Zealand’s Covid-19 response and preparedness for ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Quarantine-free travel with Australia to remain suspended for a further 8 weeks
    Suspension to be reviewed again mid to late November Decision brought forward to enable access from Australia to first tranche of around 3000 rooms in MIQ Air New Zealand working at pace to put on more flights from Australia from October    The suspension of quarantine-free travel (QFT) with Australia has ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Extra support for Ethnic Communities to share vaccination information
    Extra support is being made available to Ethnic Communities to help them share COVID-19 vaccination information within their communities, Minister for Diversity, Inclusion and Ethnic Communities Priyanca Radhakrishnan said. “We know we need to get every eligible person in New Zealand vaccinated. A fund being launched today will allow for ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • School holidays remain unchanged for Auckland region
    School holidays in Auckland will continue to be held at the same time as the rest of the country, starting from Saturday, 2 October, Education Minister Chris Hipkins said today. “I’ve carefully considered advice on the implications of shifting the dates and concluded that on balance, maintaining the status quo ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government continues crackdown on gangs and organised crime
    Operation Tauwhiro extended until March 2022 Since it was launched in February, Operation Tauwhiro has resulted in:   987 firearms seized $4.99 million in cash seized 865 people charged with a firearms-related offence Gangs and organised crime groups will continue to be relentlessly targeted with the extension of Police’s successful ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Speech to Body Positive 'HIV Treatments Update Seminar 2021'
    E ngā mana E ngā reo E ngā iwi Tēnā koutou katoa Ka huri ki ngā mana whenua o te rohe nei. Tēnā koutou. He mihi hoki ki a tatou kua tau mai nei I raro I te kaupapa o te rā. Nō reira tēnā koutou katoa Acknowledgements It’s a ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Power bill changes bring fairness to charges
    A key recommendation of an independent panel to make electricity charges fairer across all households will be put in place, the Energy and Resources Minister Megan Woods has announced. “Phasing out the regulations on ‘low-use’ electricity plans will create a fairer playing field for all New Zealanders and encourage a ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • NZ economy’s strong momentum will support rebound from Delta outbreak; COVID fund replenished
    The economy showed strong momentum in the period leading up to the recent Delta COVID-19 outbreak, which bodes well for a solid economic rebound, Grant Robertson said. GDP rose 2.8 percent in the June quarter, following on from a 1.4 percent increase in the previous March quarter. This was a ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Projects create benefits into the future
    Making a well-known lake swimmable and helping to halt the decline of the endangered hoiho/yellow-eyed penguins are among a suite of new projects being supported by the Government’s Jobs for Nature programme across the southern South Island, Conservation Minister Kiri Allan says. “It’s no secret that many of our most ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Opening statement for Whāriki Indigenous Small Business Roundtable
      Kei ngā tōpito e wha o te āo e rere ana te mihi maioha ki a koutou nō tawhiti, nō tata mai e tāpiri ana ki tēnei taumata kōrero mo te ao hokohoko arā mā ngā pākihi mo ngā iwi taketake Tēnā koutou, tēnā koutou katoa – Pai Mārire.  ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • New members appointed to Kāpuia
    The Government is adding four additional members to Kāpuia, the Ministerial Advisory Group on the Government’s Response to the Royal Commission of Inquiry into the terrorist attack on Christchurch mosques. “I’m looking forward to having Pamela MacNeill, Huia Bramley, Melani Anae and Katherine Dedo  join Kāpuia and contribute to this group’s ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Timeline confirmed for Emissions Reductions Plan
    Cabinet has agreed to begin consulting on the Emissions Reduction Plan in early October and require that the final plan be released by the end of May next year in line with the 2022 Budget, the Minister of Climate Change, James Shaw confirmed today. “Cabinet’s decision allows organisations and communities ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Pay parity pathway for early learning teachers confirmed
    Pay parity conditions and higher funding rates for education and care services will come into force on 1 January, 2022, Minister of Education Chris Hipkins confirmed today. The Government signalled this work in Budget 2021. “From 1 January, 2022, centres opting into the scheme will receive government funding and be ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Speech to the New Zealand Nurses Organisation Conference 2021
    Kia Ora tatau katoa.   Ka tuku mihi ki nga nēhi, He pou Hauora o Aotearoa, E ora ai tatou.   Whakatau mai  I runga i te kaupapa o te ra Te NZNO conference.   Tena koutou tena koutou Tena tatou katoa   Good morning, and thank you inviting me ...
    BeehiveBy beehive.govt.nz
    2 weeks ago