web analytics

The fiscal hole

Written By: - Date published: 9:02 am, January 31st, 2013 - 47 comments
Categories: david parker, economy, national, tax - Tags: ,

Quietly in the background, David Parker is doing good work. In August last year he produced “National’s Economic Road Test”, an accessible 30 page summary of the mess that the Nats are making of the economy. He’s now released an updated version which can be found here.

One of the topics in the updated document is National’s “fiscal hole” – also the subject of a press release yesterday:

Revenue Projections Drop By Almost $1b A Month

The Government’s tax forecasts for 2012 – 2016 have dropped by almost $1 billion a month since the election, highlighting its failure to boost growth and create jobs, says Labour’s Finance spokesperson David Parker.

“Since the election the Government’s tax forecasts have dropped by $1 billion a month. That’s no surprise when you’ve got 7.3 per cent unemployment. There are 175,000 people who can’t pay taxes because they’re looking for jobs, in addition to the 180,000 who have left for Australia under National’s watch.

“The worst growth rate for any Government in 50 years means businesses aren’t making enough profits to pay much tax. …

“With 175,000 people looking for work and no extra jobs created last year it has clearly failed in its promise to created 170,000 new jobs. The 180,000 Kiwis who have left for Australia in the last four years are a mockery of John Key’s promise that we wouldn’t have to wave goodbye to our young ones.

“National’s economy faces serious problems. Unemployment is at 13-year highs, growth is stagnating and we have a $10 billion external deficit, which is worse than every developed country bar Greece.

“Kiwis want real and innovative solutions to the serious problems facing this country. It’s time for a hands-on government, one that is committed to jobs and growth,” says David Parker.

A $1 Billion hole in projected tax income, and the stalled economy which underlies the problem, are not going to be fixed by John Key acting like an angry chimp in parliament, flinging insults out of his cage. We need a credible, sustainable, equitable and achievable plan for the economy. It should now be apparent to everyone and anyone that we’re not going to get it from National.

national's-fiscal-hole

47 comments on “The fiscal hole ”

  1. David H 1

    You know what would be best for NZ would be to have Parker and Cunliffe working together. But that’ll never happen.

    The ABC faction are determined that Cunliffe is bad for Labour (Them) so he is to be ostracised and sent to the back of the class by the angry teacher. Shearer NEEDS to put Cunliffe in as Deputy Leader and kick the ABC crowd to the kerb. Let them stew on the back benches.

    • Anne 1.1

      You know what would be best for NZ would be to have Parker and Cunliffe working together.

      They did work together once then we lost the election and personal ambitions got in the way. That’s history now, so there’s no reason why they couldn’t work together as a team again.

    • mike 1.2

      Oh for christ’s sake David H get off your bloody hobby horse – it’s predictable, boring and adds precisely nothing to the discussion. Negativity like yours is the ultimate turn off.

      • David H 1.2.1

        Really me negative??? have you seen the polls today ??? They are negative enough. So get it right, and DON’T blame me for Labours obvious failings.

  2. Andre 2

    Greens released this today. http://t.co/QEFq0Ggt Previously unseen Reserve bank internal paper from May 2012: loan to valuation ratios limit house inflation

    • CV - Real Labour 2.1

      Steve Keen has been pushing for rental income to loan ratio limits as the way to cap mortgage growth driven house price bubbles.

      Let’s say a house is expected to fetch $20,000 pa if it was rented out. A rental income to loan ratio limit of 20 would limit the maximum value of any mortgage on that house to $400,000.

      A person’s income becomes irrelevant in determining the maximum value of the mortgage, unless it is too low to service the maximum sum listed above.

      • Lanthanide 2.1.1

        The rental cap is an interesting idea, but hard to administer (who says this house is worth $21k PA or $23k PA?). Simply requiring a 20% deposit is much easier to manage, although it doesn’t cap house prices directly it still prevents people from up-bidding and getting themselves trapped into a mortgage they can’t really afford (or go tits up when the shit hits the fan).

        • CV - Real Labour 2.1.1.1

          The rental cap is an interesting idea, but hard to administer (who says this house is worth $21k PA or $23k PA?)

          I wonder if you could extend or enhance the current ratings valuation system to cover it.

          • Poission 2.1.1.1.1

            Ring fence the investment properties,once the interest bearing security (mortgage has been realized) you cannot offset for further purchases.

        • Draco T Bastard 2.1.1.2

          (who says this house is worth $21k PA or $23k PA?)

          That would be the market.

          • Lanthanide 2.1.1.2.1

            Yes, but we’re talking about applying for a mortgage on a house you want to buy here. If the house is currently owner-occupied, there is no “true” market estimate of what it is worth as a rental.

            Furthermore, if the property is currently tenanted, that’s also not an indication that you couldn’t find someone who was willing to pay more for it than the current tenants were.

            The other aspect is that some houses would simply not be attractive as a rental for whatever reason, but perfectly acceptable for an owner-occupied house. People wishing to buy such a house would be penalized by an arbitrary price.

            • Draco T Bastard 2.1.1.2.1.1

              Yes, but we’re talking about applying for a mortgage on a house you want to buy here. If the house is currently owner-occupied, there is no “true” market estimate of what it is worth as a rental.

              There would be rental properties around the area that the rental would be based upon. That’s what the market price is – the average of all the prices.

              Furthermore, if the property is currently tenanted, that’s also not an indication that you couldn’t find someone who was willing to pay more for it than the current tenants were.

              And thus the market price would go up.

              The other aspect is that some houses would simply not be attractive as a rental for whatever reason, but perfectly acceptable for an owner-occupied house. People wishing to buy such a house would be penalized by an arbitrary price.

              Thus the market price to buy the house would be low.

              Really, all you’ve done is come up with reasons as to why the market doesn’t work – and failed to realise it.

              • Lanthanide

                “There would be rental properties around the area that the rental would be based upon. That’s what the market price is – the average of all the prices.”

                “And thus the market price would go up.”

                You’re not making sense here. First you’re saying you base your price on nearby houses, but then if I find a specific individual who is willing to pay more than the market price, the market price has gone up? Where does this process end? How do we find a genuine price someone is willing to pay to rent house X to as to apply this funding ratio?

                “Thus the market price to buy the house would be low.

                Really, all you’ve done is come up with reasons as to why the market doesn’t work – and failed to realise it.”

                No, I’ve come up with reasons why using the rental market price to assess the price of an owner-occupied house doesn’t work. It’s a fundamentally different market and prices aren’t completely transferable.

                • Andre

                  UAE has put a 50% deposit cap on housing and did it without notice..NZ as said 20% seems good

                • Draco T Bastard

                  The market price is the collective price not the individual price.

                  • Lanthanide

                    So now we have to decide if the house in question is at the median, or whether it’s in the 1st or 4th quartile, or the 90th percentile, just so we can work out how much you’re “allowed” to pay for it.

                    For people with sufficient deposit on hand to be able to reduce their deposit and increase the proportion borrowed, they could always ‘gift’ or otherwise transfer their hard cash to the vendor outside of the sales process and thereby avoid the whole limitation in the first place.

                    Seems mightily unworkable, compared to a simple LVR ratio.

  3. muzza 3

    Is this the same David Parker removed from his post ,for filing false tax returns…

    Fantastic!

    [lprent: No. He stood down (was not removed) when questions were raised about the some tax returns by the opposition at the time and was subsequently cleared of any wrong-doing.

    I suggest that you at least look at what the actual information before commenting with a complete pile of bollocks. In fact, take a two weeks off to give you time to do so. I’m uninterested in this site getting sued for defamation because you are too lazy to look up wikipedia. ]

    • r0b 3.1

      No, it is the same David Parker who stood himself down when questions were raised, and was shown to be completely in the clear. There were no false tax returns.

      • muzza 3.1.1

        Then why did he *stand down* R0b?

        • r0b 3.1.1.1

          The usual reason that ethical people stand down while allegations are being investigated I guess – to protect those that they work with. “Ethical” – link here if you need to look it up.

        • Lanthanide 3.1.1.2

          It’s a good tactic if you think about it, muzza.

          Someone accuses you of doing something you absolutely know you did not commit and there is no evidence that you did. Stand down, because you know it’ll all be cleared up soon anyway. It’s a win-win, because you end up looking principled and also have the proof you did nothing wrong.

          Only idiots like yourself would read something bad into it.

        • Te Reo Putake 3.1.1.3

          Because he has ethics. Look the word up, muz, but, caution, you might find the concept challenging.

          • McFlock 3.1.1.3.1

            I dunno.
            Farbeit for me to defend the vacuously gullible, but the way this government is going, how many people are used to politicians who have the integrity to avoid even the appearance of corruption?

            Fuck, 29 people die and the minister resigns a single portfolio (doesn’t even take a pay cut), and appears genuinely perplexed as to why journalists are asking if she should resign for realsies. Is it any wonder our local tinfoil hat crowd would assume serious criminal wrongdoing if a politicians voluntarily stands down?

            • One Tāne Huna 3.1.1.3.1.1

              Project Onan may not survive this: the team leader’s credibility is now seriously in question.

    • tc 3.2

      compare his behaviour to Blinglish, Banks etc when their integrity/ethics are called into question over serious breaches of rules.

    • muzza 3.3

      LP, you have to be joking don’t you!

      I read the wiki write up, which is about a weak as you seeing it to be credible (wiki)

      My questions were reasonable, there was contention around Parkers standing down, to which Parker never sued anyone, nor received an apology, or retraction, so your concern of defamation, is egotistical nonsense!

      Perhaps you can critique Ian Wisharts reporting around this matter!

    • infused 3.4

      How can the site be sued for defamation when it’s hosted overseas and the site is not a single entity as you love to keep telling us?

  4. tc 4

    This hole was there in Blinglish’s pre election budget and followed up with negligent and wreckless comments like ‘best guess’ on asset sales etc.

    ‘Quietly in the background’ is nice and helps somewhat but it doesn’t win votes……I’d like an opposing party that gets in the govts face over their campaigned lies and wilful mismanagement.

    This should’ve been sloganised pre the 2011 election and carried forward, they don’t like it being taken to them.

  5. bad12 5

    Ah yes, the Fiscal Hole, started by Bill the Minister of Finance thinking that He could cut taxes for the top tiers of income while giving nothing to the lowest except what He seen as ‘compensation for the raise in the rate of GST at the same time,

    In effect the raise in GST became for those on the lower incomes and the economy an ongoing act of regressive economics, as prices went up those on lower incomes having to spend more on less while being taxed more through the raise in GST simply bought less and thus the economy spiralled downward,

    More unemployment occurred in the economy as those with the least bought less as the rise in the price of anything also took from them more taxation via GST, the National Government then exacerbated the problem via stealth taxation such as the ongoing raising of taxation on tobacco products, this simply lead to even less economic activity in the local economy and so downward the spiral went,

    i have this picture of the beast that is capitalism eating itself starting at a point of the anus, having gained a taste of shit and liking it this beast of capitalism has engaged in a frenzied orgy of eating the host and now cannot stop until it has in fact consumed the unsavory brains of the beast itself,

    Turning the triangle that is taxation up the right way would instantly fix this situation where the triangle of gain should sit among the lowest paid income group as opposed to where it now sits among those with the largest incomes…

  6. bad12 6

    National tho have a plan, yes a plan, to address this fiscal hole, you wont find this plan on National dot com or anywhere else but a plan the National government do have,

    It’s called moving 40,000 people off welfare is this grand plan of the FAILURE of a National Government,

    More thought went into the selling of this National Government plan to the ‘electorate’ than was actually used to (a), realize that the Billion Dollar baby they bred themselves, the fiscal hole, was not as if by magic going to be closed by the spending of those who had been further enriched by the tax ‘switch’ in the higher echelons of earnings, and (b),more thought went into this ‘plan’ by the National Government than went into Ruth Richardson and Jenni Shitly’s 1991 benefit cuts although the intent of both the benefit cuts of 1991 and the new National government ‘plan’ have exactly the same intent,

    The sum total of the National government plan is to shove 40,000 individuals off of the benefit system and while as a selling point some thought has been given to such things as the provision of ‘more’ money for training as such niceness is from a basis where such funding for training was previously slashed the nett effect of such monies even if private business take up the offer is too little too late, mere selling points to keep the middle class un-worried aside, the plan is for the 40,000 individuals to no longer receive income from the state and what becomes of those individuals is of little or no concern to the National Government,

    Both the 1991 benefit cuts and the current National Government plan to remove 40,000 individuals from the benefit system actually look good on a piece of paper when placed alongside that of the fiscal hole,

    BUT,

    Removing 40,000 benefit payments equating to the spending of a billion dollars a year into the economy by those 40,000 beneficiaries is simply the beast of capitalism having gained an insatiable appetite to eat it’s own shit devouring it’self in an effort to find more of the same to consume, and will simply lead to the fiscal hole theoretically being closed by the kicking from the role of 40,000 beneficiaries remaining the same as the local economy contracts further…

  7. tracey 7

    And the borrowing, oh the borrowing

  8. AmaKiwi 8

    Has someone done the numbers on the effect of removing the housing allowance for low income families?

    In my opinion, the housing allowance is National’s “landlord benefit program.” It allows landlords to charge higher rents because WINZ gives money to beneficiaries to pass on to their landlords. If it was eliminated, rental prices would drop.

    In my opinion, the housing allowance is one more National Party tax transfer to the middle income and wealthy real estate speculators, cleverly disguised as supposedly advantageous to the poor.

    Questions:

    1. How much is the annual cost of this program to the taxpayers?
    2. (more difficult to answer) How much would rental prices drop if it were terminated?
    3. How much would housing prices drop if it were eliminated?

    • bad12 8.1

      Without having the number of new HousingNZ tenancies to put those who could no longer pay the ‘market rents’ into canning the Accommodation Supplement would seriously hurt a hell of a lot of people,

      I have no objection to any Government simply setting maximum levels of rent in the private sector based upon the tenants income but we have to remember that Governments have to be re-elected,

      We need at least 100,000 State rentals befor the issue of the 1.2 billion dollars in Accommodation Supplement can even begin to be addressed and i would suggest that the number of State houses i quote would have to grow far above 100,000 befor the Accommodation Supplement which is really a direct subsidy to the banking industry who’s mortgages it is helping pay for could be canned…

      • AmaKiwi 8.1.1

        The Accommodation Supplement feeds a lot of pigs at the trough.

        Landlords get higher rental income.
        As property values go up, banks make more on larger mortgage loans, councils get more in rates on inflated property values, realtors churn more properties. The government gets more GST.

        The biggest losers are the low income people who do not qualify for the supplement but have to pay higher rents because of it. They and the taxpayers are really getting screwed.

        With so many snouts in the trough, this is a program that will be very hard to kill. But looking at who profits and who pays, it should be killed.

        • bad12 8.1.1.1

          I don’t disagree with you but as i explained above there would need to be the serious provision of one hell of a lot of HousingNZ rental properties befor that could happen unless you like the thought of a whole lot of people,kids included, living under bits of plastic in a drainage pipe or under a motorway bridge…

  9. Saarbo 9

    The tanking of the economy by National was absolutely predictable as soon as National announced that they were increasing GST by 2.5% in Oct 2010 and decreasing the top tax rate. Combine that with their obsession with reducing the size of the Public Sector, why they would think that would be a good idea while we are dealing with the biggest economic decline since the Depression I will never work out.

    I wonder if it has something to do with the fact that Bill English is from a Farming family. When farmers hit hard times they just tighten up. They dont think about the revenue side of their business because that is beyond their control, that is sorted by an export body, they are dealing with commodities, the revenue value per unit of their product is determined externally. Generally if a farmer can produce the maximum quantity of their product for as little as possible they will succeed. This is the mentality of Bill English. Just button down and all will be fine. But the problem is that National are tanking the economy, he has oversimplified things and unfortunately our economy is the victim. I have mentioned a number of times the fact that Labour has an average GDP annual growth nearly a full 1% above Nationals. The reason for this obvious, Labour run more balanced policies…now they just need to sort out their internal personnel issues (Leadership!!!) and their atrocious advice they seem to be receiving, and their terrible social media strategy and they might start getting somewhere.

    • Zaphod Beeblebrox 9.1

      Not sure that having a few less public servants makes that much difference to the GDP, though the cuts probably don’t contribute much to public service effectiveness and policy development.

      The bigger concern are the cuts to welfare payments. NZ welfare is strongly means tested for a reason. Wages are so low that a hi percentage of the population require govt top ups in order to maintain their health, the education of heir children, to be able get about to access government services and for employment. Take those payments away and a lot of those people become huge burdens to he health, the justice, the education and the social welfare systems. It costs hundred of thousands of dollars to keep hospitalising homeless people when they get sick and how much does it cost the prison and justice systems when somebody turns to drugs out of desperation?

      Cutting welfare ultimately costs the taxpayer millions. Definitely the wrong way to go from an economic viewpoint

      • bad12 9.1.1

        Ever heard of the multiplier effect, its a common enough equation and economics 101 for anyone that’s studied such a dark art,

        The multiplier effect says i should take issue with you over there being no sad loss over the National Government canning the jobs of a few civil servants,

        A few civil servants??? do you actually know how many civil servants this present bunch of Slipppery lead little Shysters have sacked, do you actually care???,

        It aint a few, its a few 1000’s, given that the multiplier effect shows that in an economy when you remove an employment position then in the wider economy you have really removed the equivalent of another employment position,(not necessarily by one person but by hours worked),

        This multiplier effect when you remove as this Government has blocks of employment positions by the 1000’s effectively ratchets up to somewhere in the realms of 1 1/2 to 2 employment positions in the wider community that become unsustainable because of the loss of income being spent into that economy,

        To simplify this for you, sack 10 workers from a government office block and the nearest food shop cuts the hours of the part-timer, do that by the 1000 and the part-timer goes down the road along with one of the full time staff,

        As that occurs the ripple effect out into the wider economy continues, the lawn-mowing contractor loses a bit of biz so sacks the part-timer He had on the payroll,

        In effect, the beast of capitalism having had a taste of its own excrement carries on eating into the body of the host…

        • Zaphod Beeblebrox 9.1.1.1

          As you can tell, I’m no economist but surely any money saved in one area of spending gets spent somewhere else. My beef is when money is cut in from are that are of great benefit to the public ie keeping thousands of families healthy dry and safe and splurged on stuff hat has no benefit ie roads of no significance.

          • bad12 9.1.1.1.1

            Not a bad conjecture from someone claiming no knowledge of economics, the best that can be said of the money saved being re-distributed elsewhere in the economy is yes as far as the civil service cuts go it appears that the spending on ‘consultants’ went up quite dramatically as the civil service was cut by those many 1000’s,

            This tho simply serves to alter the flow of monies spent into the economy, by paying the equivalent to a consultant of 3,4 or 5 civil servants salaries to 1 consultant we can safely assume that the consultant isn’t going to visit the food shop nearest to the consultancy 3,4,or 5 times more often than the combined number of civil servants would have and it would be ridiculous for me or anyone else to suggest that the consultant will have the lawn mowing contractor round mowing the lawns 3,4, or 5 times more often than the 3,4 or 5 civil servants would have been had they kept their employment,

            There are variables within this whole economic equation such as the civil servant being reasonably skilled getting a job elsewhere but as there are only X amount of jobs in an economy this would simply limit a school leaver or a jobless person from gaining that employment,nonetheless the basic equation remains the same,

            Cutting benefits or tossing people off of benefits without them taking up employment as the current figures seems to indicate is occurring does exactly the same thing, looked at from a purely economic perspective removing such amounts of money from a local economy simply leads to more of the same–unemployment and a further shrinkage of the economy,

            The beast of capitalism as espoused by the present National Government it would seem has an insatiable appetite to eat it’s own flesh…

          • Draco T Bastard 9.1.1.1.2

            As you can tell, I’m no economist but surely any money saved in one area of spending gets spent somewhere else.

            Not when it’s government spending being cut and the private profits are still going up. Under those conditions, which National has brought about with it’s policies of reducing wages while cutting taxes for the rich, then what we will and do see is massive increases to the top incomes and decreases everywhere else.

Recent Comments

Recent Posts

  • Protect seamounts and ban bottom trawling right now
    The Green Party is renewing its call for Minister for the Environment, David Parker to immediately ban bottom trawling on seamounts. ...
    1 day ago
  • Building Auckland’s transport future
    We’re making sure Auckland has the infrastructure it needs for the future, so Aucklanders can get around safely and efficiently as our biggest city grows. The new, linked-up transport system we’re building will include partially tunnelled light rail between the CBD and the airport, as well as another Waitematā Harbour ...
    1 day ago
  • Build Auckland light rail for benefit of everyone
    The Government’s decision on light rail in Auckland is the first step towards building the climate friendly, accessible city our communities deserve. ...
    1 day ago
  • Put our most vulnerable first
    Don’t forget whānau and communities most at risk, says the Green Party, as the Government lays out its three-phase plan for Omicron. ...
    3 days ago
  • Boosting our immunity against Omicron
    With Omicron in the community, it’s vital we all do our bit to help to slow the spread, keep each other safe and protect our health system. One of the most important ways we can reduce the risk of Omicron is to get a booster dose as soon as we’re ...
    3 days ago
  • Equitable response to Omicron vital
    The Green Party supports the Government’s decision to move Aotearoa New Zealand to traffic light level Red at 11.59pm tonight, but says its success will depend on the support that is made available to the most vulnerable. ...
    6 days ago
  • How we’re preparing for Omicron
    As countries around the world experience Omicron outbreaks, we’re taking steps now to ensure we’re as prepared as possible and our communities are protected. ...
    1 week ago
  • What’s Labour achieved so far?
    Quite a bit! This Government was elected to take on the toughest issues facing Aotearoa – and that’s what we’re doing. Since the start of the pandemic, protecting lives and livelihoods has been a priority, but we’ve also made progress on long-term challenges, to deliver a future the next generation ...
    2 weeks ago
  • Tackling the big issues in 2022
    This year, keeping Kiwis safe from COVID will remain a key priority of the Government – but we’re also pushing ahead on some of New Zealand’s biggest long-term challenges. In 2022, we’re working to get more Kiwis into homes, reduce emissions, lift children out of poverty, and ensure people get ...
    2 weeks ago

  • Papakāinga development makes housing aspirations a reality for Māori
    The Government is supporting a new papakāinga development in the rural community of Reporoa. Minister for Māori Development Willie Jackson says the project will bring whānau back to their tūrangawaewae and reinvigorate the Waimahana Marae. The site for the new houses, within the rohe of Ngāti Tahu – Ngāti Whaoa, ...
    BeehiveBy beehive.govt.nz
    7 hours ago
  • Tupu Tai graduation-It’s time to step up
    Greetings: Kia orana, talofa lava, Noa’ia e mauri, malo e lelei, taloha ni, fakaalofa lahi atu, ni sa bula vinaka, talofa, kia ora, tena koutou katoa.  I would love to begin by acknowledging everyone here in attendance, especially the families and friends of the 2021/22 Tupu Tai cohort, and those ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Building and shaping a city: Future-proofing Auckland transport infrastructure
    The Government is bringing Auckland’s transport infrastructure into the future by moving forward with an additional Waitematā Harbour crossing, progressing light rail from Auckland’s CBD to the airport, and creating a linked-up rapid transport network as part of a 30-year plan. Key decisions on additional Waitematā Harbour crossing to be ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Penguin rehab and native forest restoration get helping hand
    A long-running penguin rehab facility which has been hard hit by the tourism downturn, and work to restore native forest habitats in the Catlins are being supported through Jobs for Nature funding, Conservation Minister Kiri Allan says. Otago’s Penguin Place and The Hokonui Rūnanga Catlins Biodiversity Project will receive combined ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Resilient economy reflected in Crown accounts
    The Government’s financial accounts continue to reflect a resilient economy that has performed better than expected and puts the country in a strong position to respond to Omicron, Grant Robertson said. The Crown Accounts for the five months to the end of November were more favourable than forecast in the ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Government announces three phase public health response to Omicron
    Reducing isolation period for cases and close contacts at Phase Two and Three to 10 and seven days Definition of close contact required to isolate changes to household or household like contacts at Phase Three Increased use of rapid antigen tests with test to return policy put in place for ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • New Ambassador to Thailand announced
    Foreign Affairs Minister Nanaia Mahuta today announced the appointment of Jonathan Kings as New Zealand’s next Ambassador to Thailand. “Aotearoa New Zealand has a long-standing relationship with Thailand, celebrating the 65th anniversary of diplomatic representation between our countries in 2021. We also share much in common at regional and multilateral levels ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Government’s Family Package continues to deliver for New Zealanders
    The Families Package helped around 330,000 families in its first year - more than half of all families with children in NZ These families received an estimated $55 per week more from Families Package payments in 2018/19 than in 2017/18, on average Families Package increases to the maximum possible Accommodation ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • New Zealand retains top spot in global anti-corruption rankings
    Justice Minister Kris Faafoi has welcomed news of New Zealand’s ongoing position as top in the world anti-corruption rankings. The 2021 Corruption Perceptions Index released by global anti-corruption organisation, Transparency International, ranks New Zealand first equal with Denmark and Finland, with a score of 88 out of 100. “This is an ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Testing improvements see New Zealand well prepared for Omicron
    New Zealand’s PCR testing capacity can be increased by nearly 20,000 tests per day to deal with a surge in cases as part of our wider COVID-19 testing strategy, Associate Minister of Health Dr Ayesha Verrall said. “We have continued to adapt our public health response to safeguard the health ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • 5,000 portable air cleaners for schools on their way
    As schools are preparing to return, Education Minister Chris Hipkins has announced 5,000 air cleaners have been ordered for New Zealand schools. “As we know, along with vaccination, testing, good hygiene and physical distancing, good ventilation is important in minimising the risk of airborne transmission of the virus that causes ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • New Zealand to move to Red from 11.59pm today
    All of New Zealand will move to the Red setting of the Covid Protection Framework (CPF) at 11:59pm today as Omicron is potentially now transmitting in the community, Prime Minister Jacinda Ardern says. “Nine COVID-19 cases reported yesterday in the Nelson/Marlborough region are now confirmed as Omicron, and a further ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Mandatory boosters for key workforces progressing well
    More than 5,785 (82%) border workers eligible for a booster vaccination at 6 months have received it so far, COVID-19 Response Minister Chris Hipkins says. “That’s a really strong uptake considering we announced the requirement the week before Christmas, but we need to continue this momentum,” Chris Hipkins said. “We ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • NZ to move to Red
    Nine COVID-19 cases reported yesterday in the Nelson/Marlborough region have now been confirmed as the Omicron variant, and a further case from the same household was confirmed late yesterday. These cases are in a single family that flew to Auckland on 13 January to attend a wedding and other events ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • New Zealand to provide further help for Tonga
    Aotearoa New Zealand is giving an additional $2 million in humanitarian funding for Tonga as the country recovers from a volcanic eruption and tsunami last weekend, Foreign Affairs Minister Nanaia Mahuta and Defence Minister Peeni Henare said today. This brings Aotearoa New Zealand’s contribution to $3 million. “This support will ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Quarterly benefit numbers show highest number of exits into work
    The Government’s strong focus on supporting more people into work is reflected in benefit figures released today which show a year-on-year fall of around 21,300 people receiving a main benefit in the December 2021 quarter, Minister for Social Development and Employment Carmel Sepuloni said. “Our response to COVID has helped ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Northland to move to Orange, NZ prepared for Omicron 
    Northland to move to Orange Rest of New Zealand stays at Orange in preparedness for Omicron All of New Zealand to move into Red in the event of Omicron community outbreak – no use of lockdowns Govt planning well advanced – new case management, close contact definition and testing rules ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • RNZAF C-130 Hercules flight departs for Tonga as Navy vessels draw nearer to Tongatapu
    A Royal New Zealand Air Force C-130 Hercules has departed Base Auckland Whenuapai for Tonga carrying aid supplies, as the New Zealand aid effort ramps up, Foreign Affairs Minister Nanaia Mahuta and Defence Minister Peeni Henare said today. “The aircraft is carrying humanitarian aid and disaster relief supplies, including water ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • New Zealand prepared to send support to Tonga
    New Zealand is ready to assist Tonga in its recovery from Saturday night’s undersea eruption and tsunami, Foreign Affairs Minister Nanaia Mahuta and Defence Minister Peeni Henare said today. “Following the successful surveillance and reconnaissance flight of a New Zealand P-3K2 Orion on Monday, imagery and details have been sent ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Aotearoa New Zealand stands ready to assist people of Tonga
    The thoughts of New Zealanders are with the people of Tonga following yesterday’s undersea volcanic eruption and subsequent tsunami waves, Foreign Affairs Minister Nanaia Mahuta says. “Damage assessments are under way and New Zealand has formally offered to provide assistance to Tonga,” said Nanaia Mahuta. New Zealand has made an ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Record high of new homes consented continues
    In the year ended November 2021, 48,522 new homes were consented, up 26 per cent from the November 2020 year. In November 2021, 4,688 new dwellings were consented. Auckland’s new homes consented numbers rose 25 per cent in the last year. Annual figures for the last nine months show more ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Report trumpets scope for ice cream exports
    Latest research into our premium ice cream industry suggests exporters could find new buyers in valuable overseas markets as consumers increasingly look for tip top quality in food. Economic Development Minister Stuart Nash has released a new report for the Food and Beverage Information Project. The project is run by ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Honouring the legacy of legendary kaumātua Muriwai Ihakara
    Associate Minister for Arts, Culture, and Heritage Kiri Allan expressed her great sadness and deepest condolences at the passing of esteemed kaumātua, Muriwai Ihakara. “Muriwai’s passing is not only a loss for the wider creative sector but for all of Aotearoa New Zealand. The country has lost a much beloved ...
    BeehiveBy beehive.govt.nz
    3 weeks ago
  • Have your say on proposed changes to make drinking water safer
    Associate Minister for the Environment Kiri Allan is urging all New Zealanders to give feedback on proposed changes aimed at making drinking water safer. “The current regulations are not fit for purpose and don’t offer enough protection, particularly for those whose water comes from smaller supplies,” Kiri Allan said. “This ...
    BeehiveBy beehive.govt.nz
    3 weeks ago