web analytics

Spending cuts I’d like to see – No 3

Written By: - Date published: 10:30 am, April 27th, 2011 - 4 comments
Categories: election 2011, transport - Tags:

As part of his pre budget softening up exercise, Bill English has already announced that ‘lower value spending’ will be identified to free up cash for higher priority activities. This is a clear priority for his third budget. It should be possible to test this statement from the Finance Minister to determine the validity of it. One such way is to examine a key policy plank of this government, the Roads of National Significance (RONS). Also under scrutiny is the almost 11 billion dollars earmarked for the projects. So how do these projects and attached funding stack up as high value spending?

Some of the roading projects, using present criteria (we will return to that later), seem to come out well. The Victoria Park Tunnel has a Benefit-Cost Ratio (BCR) averaging around 4.25. That is, for every dollar invested society will see a benefit of $4.25. I used the term BCR ‘average’ to reflect that estimated BCRs will vary. On this project various BCRs exist ranging between the NZTAs estimated 3.2 and the very high 5.3 estimate of Australian consultants SAHA. In order to try and represent matters reasonably conservatively the BCR was therefore averaged using both the NZTA and SAHA. Another Auckland project, the Western Ring Route, averages a BCR of 2.3 based on an NZTA estimate BCR of 2.1 and SAHA 2.5. An argument could be mounted therefore that both these roads represent higher value spending. They both have a multiple return for each dollar invested.

Some of the other RONS however make for more interesting analysis. The Puhoi-Wellsford ‘holiday highway’ has a SAHA estimated BCR of 0.4. The NZTA estimates a slightly higher figure of 0.8. An average of the two results in a BCR of 0.6, returning 60 cents in benefits for every dollar invested. The cost to tax payers of the project is $1.65 billion for an estimated $990 million return. Another big ticket item, the Waikato Expressway, fairs little better. It has an averaged BCR of 0.8 using the 0.5 BCR SAHA estimate and the 1.1 estimated BCR from the NZTA. For every dollar invested there is an estimated 80 cent return, around $2 billion invested for $1.6 billion returned. A third, but cheaper, Levin-Wellington Highway project also averages a 0.8 BCR, a 0.6 estimate from SAHA and 1 from NZTA. There is a $550 million price tag which yields a $440 million return.

So to recap these figures, around $4.2 billion invested – that’s $1.65 billion for Puhoi, $2 billion for Waikato and $550 million for Levin – for around $3 billion return – $990 million, $1.6 billion and $440 million respectively. It seems difficult for the Government to explain these projects as ‘high value spending’, the test Bill English has set for his budget. Would you expect your bank to market itself as a ‘high value’ financial service if it returned to you 75 cents for every $1 you deposited? Such a poor return brings to mind names like South Canterbury Finance, Hanover, Blue Chip or Nathans. Some of the BCRs on these government projects look more like Bridge Corp ratios than Benefit Cost ratios.

In light of these seemingly poor figures it is worth reviewing what other transport projects are under discussion as a point of comparison with these Bridgecorp RONS. One high profile project is the Auckland rail loop. This has a build cost somewhere around $2 billion and a BCR ranging from 1.1 to 2.4 for an average of 1.75. For every dollar invested in this project $1.75 dollars of benefit flow back, $2 billion in for $3.5 billion out. Higher figures are reported, however, consistent with the BCRs for the RONS quoted above, a reasonably conservative approach to estimates is adopted here. Another rail project currently under review is a daily Hamilton-Auckland passenger train service. Operating costs on this service lie somewhere around $2 million per year with a BCR ranging from 1.5 to 2.5 for an average of 2. For $2 million invested net benefits of $4 million flow out. On these figures for both rail projects, statements from Bill English about reprioritising low value spending to higher priority projects, would seemingly dictate a large slice of RONS funding being diverted to rail.

I mentioned at the outset that some of the road projects stack up using present methodology. This is present modeling premised on (more or less) historical factors that yield sufficient returns to justify the spending. Clearly on the figures already presented that scenario does not extend to all the roads, even on present/historical patterns of transport. The case for these RONS gets a whole lot bleaker if the ongoing security of cheap oil is considered, the possibility of peak oil and an oil price spike occurring in the next few years. A 2010 report from the Parliamentary library stated that “Organisations including the International Energy Agency and the US military have warned that another supply crunch is likely to occur soon after 2012 due to rising demand and insufficient production capacity”.

The Government is aware of a possible coming oil price spike. Bill English has been questioned in parliament on this matter. His considered response was that the market will sort things out. We have already experienced the market and high oil prices interacting. The result, the global economic meltdown in 2008, was not promising. There is evidence to suggest that the precursor to the meltdown, the sub-prime crisis, resulted from high oil prices. Increasingly constrained household budgets could not cope with higher oil prices. Faced with spending more of their income on energy, home owners started having problems paying their mortgages, to the point of defaulting. That was the oil price part of the equation. The problem was not confined to the sub-prime housing market. Instead it quickly polluted the wider financial sector and soon after the entire global economy. Inventive methods of financing credit and debt along with slavish adherence to the neo-liberal narrative of deregulation and free market created the ideal conditions to spread the contaminant far and wide. This is the most recent experience we have had of an oil price spike and ‘the market’.

Last year David Bennett, Government colleague of English and Chair of the Transport Select Committee, laid out how this market led approach and the RONS may come together. Last year he was questioned about the lacking of government funding for a rail service between Hamilton and Auckland during a session on student radio. MP Bennett asked why a commuter would prefer making the trip on a ‘dirty polluting’ diesel train when by 2020 they could drive their ‘clean green’ electric car to Pukekohe on the new Hamilton-Auckland highway and catch an electric train to central Auckland. There are a number of contentious points to the statement from Mr Bennett including time frame, the potential for a rail service to start now versus 2020 for the RON completion, and the comparative pollution of a diesel train versus petrol & diesel vehicles making the same trip.

The most interesting factor in his statement, for the topic at hand, is however the forecast of being able to drive an electric car to Auckland come 2020. In 2005 the Ministry of Economic Development did some forecasting of what would be achievable under a sustainable energy strategy by the year 2050. The MED modeling assumes electric vehicle sales reach five per cent (5%) of market share in 2020, followed by a period of rapid growth that reaches a plateau of 60 per cent by 2040”. If market share for electric vehicles reaches 5% in 2020 the reality is that vast majority of drivers will continue to use petrol and diesel powered vehicles. A very real danger to realising this 5% figure is the continual economic drag of recession. Since 2008 the ongoing recession has caused the age of the national fleet to rise by more than a year. The current age of our vehicle fleet is now over 13, and growing, as Kiwis attempt to get more use from their current vehicles. The longer recession continues, the less likely that we will be fulfilling MP Bennett’s vision. The final kicker here is that an oil price spike and recession will likely go hand in hand.

Back in 2009 Dennis Tegg not only warned about the possibility of an oil price spike but also questioned what the Government was doing to prepare for it. “New Zealand has begun to tentatively prepare for climate change. We have comprehensive risk management plans for highly unlikely events like terrorism attacks, tsunamis, or bio-security breaches. Which is what government is for. So how come our Government neglects to make comprehensive plans for the highly likely threat of oil depletion and upwardly spiraling oil prices? Do we quickly implement wide-ranging liquid fuel conservation measures, and divert spending on new roads to public transport? Or do we continue the current myopic “business as usual – cheap oil forever” scenario?”

Reasonable questions. Twenty months ago, when Tegg wrote his piece, the prospect of an oil price spike was maybe 3 to 5 years into the future and seemingly too far ahead for this Government to plan for. The future has seemingly arrived a little earlier than anticipated. For budget 2011 and our immediate transport option in the face of high fuel costs, the question for Bill English and his government is, will the reality match the rhetoric? Is anyone holding their breath on this one?

– George.com

Running total:

$100,000 pa for scandal manager

$1,000,000,000 pa for polluter subsidies

$420,000,000 pa for motorways no-one will use

Total: $1,420,100,000 pa

4 comments on “Spending cuts I’d like to see – No 3”

  1. Armchair Critic 1

    What’s the B/C on that $50k the Road Transport Forum donated to National before the last election?

  2. handle 2

    “Higher figures are reported, however, consistent with the BCRs for the RONS quoted above, a reasonably conservative approach to estimates is adopted here.”

    Higher BCRs of over 3 seem valid for the CBD rail loop (as opposed to Joyce’s sub-par roads). The issue of Wider Economic Benefits is discussed in articles here:
    http://transportblog.co.nz/tag/puhoi-wellsford-motorway/

  3. Draco T Bastard 3

    The case for these RONS gets a whole lot bleaker if the ongoing security of cheap oil is considered, the possibility of peak oil and an oil price spike occurring in the next few years.

    Next few years? It’s already here and this US$110/barrel(WTI) and US$120/barrel(Brent Crude) ain’t going away – it’s the new benchmark.

    There are a number of contentious points to the statement from Mr Bennett including time frame, the potential for a rail service to start now versus 2020 for the RON completion, and the comparative pollution of a diesel train versus petrol & diesel vehicles making the same trip.

    And the fact that it would be a lot cheaper and easier to replace the diesel locomotive with an electric one by then as well which, again, would be more efficient and less of a drain on the electricity grid than a heap of electric vehicles stuck in grid lock.

  4. Draco T Bastard 4

    If Auckland Trnsport Blog and RadioNZ are correct then it appears that Blinglish has decided that the uneconomical roads are the way to go.

    The Government intends to increase spending on new state highways but cut or effectively freeze funding in all but one other area of transport spending.

    That’s according to the draft version of the Government Policy Statement on Land Transport Funding 2012, in which the Transport Minister proposes higher limits for spending on new state highways – $1.3 billion by the 2014-15 financial year and $1.7 billion by 2021.

    Funding would be cut in four areas, including road user safety, while funding for public transport infrastructure, road policing and local roads would be kept at current levels.

    The draft document also tags four highways as possible future roads of national significance.

    They are Hamilton to Tauranga, Cambridge to Taupo, further development of the Hawke’s Bay expressway and improvements north and south of Christchurch on State Highway 1.

    So much for cutting ‘lower value spending’.

Recent Comments

Recent Posts

  • Better protection against late payments
    New legislation is being proposed which aims to reduce the stress and financial hardship caused by late payments to small businesses. The Minister for Small Business Stuart Nash is considering stricter rules around payment practices between businesses. “Late payments from large organisations to smaller suppliers can be crippling for these ...
    BeehiveBy beehive.govt.nz
    1 hour ago
  • Police partnership programme with Fiji launched
    A new partnership programme between the New Zealand Police and Fiji Police will focus on combatting transnational organised crime and enhancing investigative skills, Prime Minister Jacinda Ardern announced on the first day of her visit to Fiji. The programme will see: ·       New Zealand Institute of Environmental Science and Research ...
    BeehiveBy beehive.govt.nz
    16 hours ago
  • Joint statement from Prime Minister Ardern and Prime Minister Bainimarama
    Prime Minister Jacinda Ardern and Prime Minister Josaia Voreqe Bainimarama met today in Suva, and renewed their commitment to continue to strengthen Fiji-New Zealand relations on a foundation of shared values and equal partnership. The Prime Ministers acknowledged the kinship between Fijians and New Zealanders, one that has endured over ...
    BeehiveBy beehive.govt.nz
    17 hours ago
  • $19.9 million from PGF for Kawerau
    A $19.9 million investment from the Provincial Growth Fund will help develop essential infrastructure for an industrial hub in the Bay of Plenty town of Kawerau, Regional Economic Development Minister Shane Jones says. “The funding will go to three projects to further develop the Putauaki Trust Industrial Hub, an industrial ...
    BeehiveBy beehive.govt.nz
    21 hours ago
  • PGF funds Mahia roading package
    The Provincial Growth Fund is investing $8.3 million on a roading package for Mahia that will lead to greater and wider economic benefits for the region and beyond, Under Secretary for Regional Economic Development Fletcher Tabuteau announced at an event in Mahia today. The $8.3 million announced consists of: $7 ...
    BeehiveBy beehive.govt.nz
    23 hours ago
  • 18,400 children lifted out of poverty
    Prime Minister Jacinda Ardern has welcomed new reporting showing the Coalition Government is on track to meet its child poverty targets, with 18,400 children lifted out of poverty as a result of the Families Package.   Stats NZ has released the first set of comprehensive child poverty statistics since the Government ...
    BeehiveBy beehive.govt.nz
    23 hours ago
  • 20,000 more Kiwi kids on bikes
    Associate Minister of Transport Julie Anne Genter today announced that Bikes in Schools facilities have been rolled out to 20,000 more kiwi kids under this Government. She made the announcement at the opening of a new bike track at Henderson North School in Auckland. “Bikes in Schools facilities give kids ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Benefit settings rise in line with wages as of 1 April
    Benefit settings rise in line with wages as of 1 April   Main benefits will increase by over 3 percent, instead of 1.66 percent, on 1 April with the Government’s decision to annually adjust benefit rates to increases in the average wage. The Minister for Social Development, Carmel Sepuloni, said ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Foreign and Trade Ministers to lead business delegation to India
    Strengthening New Zealand’s political and business ties with India will be the focus of Foreign Affairs Minister Winston Peters’ and Trade and Export Growth Minister David Parker’s visit to India this week. The Ministers are co-leading a high level business delegation to India to support increased people and economic engagement ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Minister champions more Pacific in STEM – Toloa Awards
    The Minister for Pacific Peoples, Aupito William Sio continues to champion for greater Pacific participation in STEM (Science, Technology, Engineering and Mathematics) careers with the announcement of the Toloa Awards, with 8 recipients of the Toloa Community Fund and 13 Toloa Tertiary Scholarships. “The Toloa Programme encourages more Pacific peoples ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Submission period for whitebait consultation extended
    Conservation Minister Eugenie Sage has extended the date for people to have their say on proposed changes to improve management of whitebait across New Zealand.   Submissions were due to close on 2 March 2020 but will now remain open until 9am on Monday 16 March 2020.   “I have ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • New international protection for frequent fliers
    The endangered toroa/Antipodean albatross has new international protection for its 100,000km annual migration, thanks to collaborative efforts led by New Zealand, Australia and Chile.   Today, 130 countries agreed to strictly protect Antipodean albatross at the Conference of Parties on the Convention on the Conservation of Migratory Species of Wild ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Government to regulate vaping
      No sales to under-18-year-olds No advertising and sponsorship of vaping products and e-cigarettes No vaping or smokeless tobacco in smokefree areas Regulates vaping product safety comprehensively, - including devices, flavours and ingredients Ensure vaping products are available for those who want to quit smoking   Vaping regulation that balances ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Justice Minister represents New Zealand at Berlin nuclear disarmament summit
    Justice Minister Andrew Little will travel to Berlin tomorrow to represent New Zealand at a high-level summit on nuclear disarmament. This year, the Nuclear Non-Proliferation Treaty (NPT) celebrates 50 years since it entered into force. “New Zealand’s proud record and leadership on nuclear disarmament is unwavering, so it’s important we are present ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Prime Minister to visit Fiji and Australia
    Prime Minister Jacinda Ardern will visit two of New Zealand’s most important Pacific partners, Fiji and Australia, next week. The visit to Fiji will be the first by a New Zealand Prime Minister in four years and comes during the 50th anniversary of Fijian independence and diplomatic relations between our ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Next steps in Criminal Cases Review Commission announced
    Justice Minister Andrew Little and New Zealand First MP Darroch Ball, have today announced the appointment of the Chief Commissioner of the Criminal Cases Review Commission (CCRC), the location, and the membership of the Establishment Advisory Group. Colin Carruthers QC has been appointed Chief Commissioner of the CCRC for an ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Horticultural Ahuwhenua Trophy finalists announced
    Māori Development Minister Hon Nanaia Mahuta and Agriculture Minister Hon Damien O’Connor co-announced the first horticultural finalists for the Ahuwhenua Trophy celebrating excellence in the Māori agricultural sector.  The three finalists are Ngai Tukairangi Trust from Mt Maunganui, Otama Marere Trust from Tauranga, and Hineora Orchard Te Kaha 15B Ahuwhenua ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • New support for students with dyslexia
    A new kete of resources to strengthen support for students with dyslexia will provide extra tools for the new Learning Support Coordinators (LSCs) as they start in schools, Associate Education Minister Tracey Martin announced today. The Minister launched the kete in Wellington this morning, at the first of three induction ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Rental reforms progress to select committee stage
    The Government continues to make progress on a fairer and more secure rental market for renters and landlords with the First Reading of the Residential Tenancies Amendment Bill and its referral to the Social Services and Community Select Committee.  “Now is the opportunity for landlords, tenants and others who want ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Papua New Guinea Prime Minister to visit New Zealand
    Papua New Guinea’s Prime Minister Hon James Marape will visit New Zealand from 21-25 February, Prime Minister Jacinda Ardern announced today. “New Zealand and Papua New Guinea have a warm and friendly relationship. I look forward to welcoming Prime Minister Marape here and strengthening the relationship between our two countries,” ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Free school lunches served up to thousands
    Thousands of children have begun receiving a free lunch on every day of the school week, Prime Minister Jacinda Ardern said. The Government’s free and healthy school lunch programme is under way for 7,000 students at 31 schools in Hawke’s Bay / Tairāwhiti and Bay of Plenty / Waiariki, extending ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Social Wellbeing Agency replaces Social Investment Agency with new approach
    The Minister for Social Development Carmel Sepuloni today announced a new approach that continues to broaden the Government’s social sector focus from a narrow, investment approach to one centred on people and wellbeing. Minister Sepuloni said redefining the previous approach to social investment by combining science, data and lived experience ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Government to strengthen protections for whistleblowers
    The Government is strengthening the Protected Disclosures Act to provide better protection for whistle blowers, Minister of State Services Chris Hipkins said today. “The Protected Disclosures Act is meant to encourage people to speak up about serious wrongdoing in the workplace and protect them from losing their jobs or being ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • PM speech at Parliamentary Chinese New Year celebration 2020
    Nǐn hǎo (Hello in Mandarin). Xīn Nián Kuài Lè (Happy New Year in Mandarin) Néi Hóu (Hello in Cantonese). Sun Nin Fai Lok (Happy New Year in Cantonese) Tēnā koutou, tēnā koutou, tēnā koutou katoa. Thank you for your invitation to attend this celebration today. I would like to acknowledge ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • IPANZ Annual Address
    Kia ora. Ngā mihi nui ki a koutou katoa. Nau mai haere mai ki te Whare Pāremata. E ngā mana whenua ki tēnei rohe Taranaki Whānui, Te Upoko o Te Ika, Ngāti Toa Rangatira, Ngāti Raukawa – kei te mihi, kei te mihi, kei te mihi. E ngā mana, e ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • 2020 IPANZ Annual Address
    Kia ora. Ngā mihi nui ki a koutou katoa. Nau mai haere mai ki te Whare Pāremata. E ngā mana whenua ki tēnei rohe Taranaki Whānui, Te Upoko o Te Ika, Ngāti Toa Rangatira, Ngāti Raukawa – kei te mihi, kei te mihi, kei te mihi. E ngā mana, e ngā ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Tougher penalties for gun crime a step closer
    Tougher penalties for gun crime are a step closer with the passage of firearms reform legislation through another stage in Parliament. The Arms Legislation Bill has tonight passed its Second Reading. “The changes have one objective - to prevent firearms falling into the wrong hands,” said Police Minister Stuart Nash. ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Arms Legislation Bill: Second Reading
    Introduction Mr Speaker We all know why we are here today. It has been a long journey. The journey did not actually begin on 15 March 2019. It began on 30 June 1997. Almost 23 years ago, Justice Sir Thomas Thorp told us what was wrong with our firearms legislation. ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • New era for vocational education
    The Government’s work to put trades and vocational education back on the agenda took another major step forward today with the passing of the Education (Vocational Education and Training Reform) Amendment Bill, Education Minister Chris Hipkins said. “This is a watershed day for trades and vocational education. These law changes formalise ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Bill to Amend the Greater Christchurch Regeneration Act
    Speeding up the return of Christchurch regeneration activities to local leadership is behind the Greater Christchurch Regeneration Amendment Bill introduced to Parliament today by Minister Megan Woods. “As we approach nine years since the February 2011 earthquake in Canterbury, and with the transition to local leadership well underway, the time ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Milford Track to partly reopen after storm damage
    Hundreds of New Zealanders and international visitors will be able to get back out into nature with the Milford Track partially reopening next week, after extensive assessments and repairs, the Minister of Conservation Eugenie Sage announced today. The popular Great Walk has been closed since 3 February after an extreme ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Government drives low-emissions transport momentum
    Up to 110 new EV chargers nationwide in cities and regions 50 electric vehicles for ride-sharing The Government is helping deliver more infrastructure and options for low emissions transport through new projects, Energy and Resources Minister Dr Megan Woods says. Tauranga, Nelson, Levin, New Plymouth and Oamaru are just some ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Kiwis better off under Coalition Government
    New Zealanders are increasingly better off under this Government as wages rise and families have more disposable income, Finance Minister Grant Robertson says. Stats NZ reported today that average household disposable incomes after housing costs rose 4.9% in 2019. This was the highest rise in four years and came as ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Another step towards restoring rights for screen production workers
    All New Zealanders need to have their voices heard at work to ensure we have an inclusive and productive economy. Today we introduce a Bill to do this for workers in the New Zealand screen industry, Workplace Relations and Safety Minister Iain Lees-Galloway says. “The Screen Industry Workers Bill will ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Enhanced Taskforce Green for Southland and South Otago
    The Government has announced further help for the Southland and Otago regions to speed up recovery efforts from the floods.  “I’ve approved Enhanced Taskforce Green (ETFG), making $500,000 available to help with the clean-up in Fiordland, Southland, and the Clutha district in Otago,” Minister for Social Development Carmel Sepuloni said.  ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Employers and Industry take the lead to connect students to vocational education
    Following the announcement that more than 340 schools will be funded to run events promoting vocational education, the Government has announced it will fund a further 257 events to be run by employers and industry. “These industry-run events will allow more than 30,000 students to connect with more than 2,000 ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Rental reforms a step closer with the introduction of the Residential Tenancies Amendment Bill
    Today the Government is making progress on a fairer and more secure rental market for renters and landlords with the introduction of the Residential Tenancies Amendment Bill in Parliament.  “This Bill includes a series of reforms to improve the wellbeing of the 609,700 households that live in rented homes, and ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Biosecurity Minister announces world first eradication of pea weevil
    A Government programme to wipe out pea weevil has achieved a world first, with Biosecurity Minister Damien O’Connor today announcing the successful eradication of the noxious pest from Wairarapa. This means the nearly four-year ban on pea plants and pea straw was lifted today. Commercial and home gardeners can again grow ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Temporary Accommodation Service activated for Southland flooding
    Southland residents hit by flooding caused by heavy rainfall can now access help finding temporary accommodation with the Government activating the Temporary Accommodation Service, Minister of Civil Defence Peeni Henare announced today. “The Temporary Accommodation Service (TAS) has been activated by the Ministry of Business, Innovation and Employment to help ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Bridges: Over-hyped and under-delivered
    “Is that it?” That’s Finance Minister Grant Robertson’s response to Simon Bridges’ much-hyped economic speech today. “Simon Bridges just gave the most over-hyped and under-delivered speech that I can remember during my time in politics,” Grant Robertson said. “It’s not surprising. Simon Bridges literally said on the radio this morning ...
    BeehiveBy beehive.govt.nz
    1 week ago