The link between tax havens, criminals and the amoral rich

Written By: - Date published: 2:23 pm, May 9th, 2016 - 162 comments
Categories: capitalism, john key, tax - Tags: , , , , , , , ,

What the Panama Papers expose, and what John Key and his supporters, fail to grasp, or wilfully

Former RBNZ Governor and Nat and Act Party leader Don Brash

Former RBNZ Governor and Nat and Act Party leader Don Brash

won’t grasp, is that there is no possible justification for tax havens.

Key quibbles about whether New Zealand is a tax haven, but his government set up a regime via a minor rule change in 2011 that opened the floodgates to criminals, oligarchs and the mafia as well as the plain wealthy, using a zero rated tax regime for foreigners.

This regime allows foreigners who register entities here to legally pay no tax on earnings outside New Zealand and disclosure rules are so poorly drafted, possibly deliberately, that they may as well not exist.

It allows companies and trusts to be shrouded in secrecy via nominee companies run by firms such as Antipodes Trust Group, run by Key’s “lawyer”, Ken Whitney, and Bentleys New Zealand, the local arm of Panama law firm Mossack Fonseca, whose leaked files are now the focus of a global scandal.

Key might not accept it, and he can spin all he likes by saying that because Nicky Hager is involved, it is just a Left Wing conspiracy. But in anyone objective person’s books, New Zealand is a tax haven.

“It looks likes one, it smells like one, and it’s been used as one, then to all intents and purposes it is a tax haven,” Green Party Co-leader James Shaw said.

Former Reserve Bank Governor who is also a former National Party and Act Party leader, Don Brash, told The Standard, “if we were setting up a system that allows people to evade tax, that would be wrong.”

“The Panama Papers issue is either illegal, or verging on illegal, it’s tax evasion, rather than tax avoidance,” Brash said.

“It seems to me that people involved in Panama structures are almost certainly trying to evade tax and I think that’s entirely reprehensible.”

Brash said everyone has to pay their fair share of tax. “I myself would never attempt to hide anything in a tax haven. There is an ethical question.”

“If we do have a tax haven here, I’d be very unhappy. What’s going on in Panama seems entirely inappropriate, if not criminal. If that’s what’s happening, and New Zealanders are playing a substantive part in that, then that’s reprehensible. “

Brash, who has previously chaired four national committees of inquiry into tax matters said that if the zero tax regime for foreigners was doing damage to New Zealand’s reputation, “it isn’t worth 25 million bucks. But I don’t know how much damage it is doing.”

That begs the question as to why New Zealand has not just tolerated the establishment of the current tax regime, but actively facilitated it and supported it.

Key claims the $25 million in fees gathered by accountants and lawyers who administer these schemes are the justification. But surely, that is not worth sullying New Zealand’s “100 percent pure’ low corruption/high transparent reputation that is worth megabucks?

A recent story about HSCB bank, one of the world’s largest and murkiest banks, by International Consortium of Investigative Journalist (ICIJ), which has been given full access to the Panama Papers, shines light on the intersection of international crime and legitimate business.

Secret documents obtained by ICIJ via French newspaper Le Monde, reveal that HSBC profited from doing business with arms dealers who channeled mortar bombs to child soldiers in Africa, bag men for Third World dictators, traffickers in blood diamonds and other international outlaws. As well as Hollywood stars, monarchs, political leaders, businessmen and women, every kind of low life imaginable is in the files.

The leaked files, based on the inner workings of HSBC’s Swiss private banking arm, relate to accounts holding more than US$100 billion.

“The documents… show the bank’s dealings with clients engaged in a spectrum of illegal behavior, especially in hiding hundreds of millions of dollars from tax authorities,” ICIJ states.

Switzerland’s notorious secret banking system plays a vital part in the circle of dirty money.

Tax havens such as Niue, the Cook Islands and New Zealand also play a vital role, but it less important, as they can be relatively easily replaced by new havens, such is the simplicity, of setting up havens. Once the cash has been washed and laundered and declared ‘tax paid” via such havens, it can be stashed with more security and legitimacy in Switzerland.

The Mossack Fonseca files reveal what is so great about the New Zealand tax haven is its reputation as a good and clean place to do business.

The great thing about New Zealand, Mossack says in its promotional material , is that New Zealand has a reputation for its transparency and fiscal compliance. It is member of the UN, the OECD, IMF and belongs to the British Commonwealth.

The HSBC documents show celebs of all kinds including soccer and tennis players, cyclists, rock stars, Hollywood actors, royalty, politicians, corporate executives and old-wealth families held accounts in its Swiss private bank and many made special trips to Geneva to withdraw large wads of cash, sometimes in used notes.

The files also document huge sums of money controlled by dealers in diamonds who are known to have operated in war zones and sold gemstones to finance insurgencies that caused untold deaths.

How the offshore banking industry shelters money and hides secrets has enormous implications for societies across the globe.

Academics conservatively estimate that US$7.6 trillion is held in overseas tax havens, costing government treasuries at least US$200 billion a year.

That would pay for an awful lot of taxes that the likes of you and I have to pay.

French economist Thomas Piketty, author of Capital in the Twenty-First Century, told ICIJ: “The offshore industry is a major threat for our democratic institutions and our basic social contract.”

“Financial opacity is one of the key drivers of rising global inequality. It allows a large fraction of top income and top wealth groups to pay negligible tax rates, while the rest of us pay large taxes in order to finance the public goods and services (education, health, infrastructures) that are indispensable for the development process.”

The secret files obtained by ICIJ — covering accounts up to 2007 associated with more than 100,000 individuals and legal entities from more than 200 nations — are a version of the ones the French government obtained and shared with other governments in 2010, leading to prosecutions or settlements with individuals for tax evasion in several countries. Nations whose tax authorities received the French files include the U.S., Spain, Italy, Greece, Germany, Britain, Ireland, India, Belgium and Argentina.

A US senate investigation in 2012 found that HSCB had lax controls that allowed Latin American drug cartels to launder hundreds of millions of ill-gotten dollars through its US operations, rendering the dirty money usable.

Later in 2012, HSBC agreed to pay more than US$1.9 billion to settle U.S. criminal and civil investigations and entered into a five-year deferred-prosecution agreement. The beauty of such settlements from the bank’s perspective, is that its dirt is never aired in public.

As well as high profilers such as Tina Turner and the late David Bowie, the reporters found the names of current and former politicians from Britain, Russia, Ukraine, Georgia, Kenya, Romania, India, Liechtenstein, Mexico, Tunisia, the Democratic Republic of the Congo, Zimbabwe, Rwanda, Paraguay, Djibouti, Senegal, the Philippines and Algeria, among others.

None of this will come as any great surprise. Nor is it certain that having such an account, guarantees you are involved in dirty business. But there is certainly a smoking gun as to why you would use such an account.

In many ways, the most instructive comments on tax havens come from Mossack Fonseca principal Jurgen Mossack, who gave the most extraordinarily revealing interview to Pacific journalist Mike Field as far back as 2000, when he was already on the case and reprised recently in The Spinoff.

He told Field his business involved people “trying to avoid paying taxes in their home countries,” and it was all legitimate because it was avoidance, not evasion.

The OECD was using money laundering as a pretence to go after tax, he claimed.

“If OECD countries want to be serious about unfair tax competition they are going to have to close down their own operations first.”

The tiny state of Niue, population 1,100, where Mossack Fonseca set up in 1996 with thousands of clients, was not useful for criminal money laundering, because Niue had no actual banking system, he said.

Mossack correctly noted that money laundering via states like Nauru could only be done with the complicity of the world’s big banks such as HSBC because they have no proper banks for safely holding money.

Field has reported that vast amounts of Mexican drug money was laundered via US-based banks using shell New Zealand company fronts, mostly set up by father and son operation Geoffrey and Michael Taylor, who have registered a huge percentage of companies registered in New Zealand.

“Every operation of that scale needs the intervention of the big international banks,” Mossack told Field.

“When they see an unusual operation they must know it, and if they then continue the business it is because, either they are not interested in the morals of the story, or they see it as good business to continue these operations.”

“If you have figures of that sort… then the international banks know what they are doing.”

But according to Key, it’s all okay.

(Simon Louisson formerly worked for The Wall Street Journal, NZPA, Reuters, The Jerusalem Post and was most recently a political and media adviser to the Green Party)

 

162 comments on “The link between tax havens, criminals and the amoral rich ”

  • Comments are now closed

  1. Anno1701 1
    9 May 2016 at 2:54 pm

    Jesus wept, If Brash the libertarian thinks it looks dodgy ……..

    well what else can you say really !

  2. Magisterium 2
    9 May 2016 at 3:01 pm

    [removed]
    [lprent: You were banned here. Added another week. ]

  3. ianmac 3
    9 May 2016 at 3:26 pm

    Their bottom line is that Tax avoidance is legal and that Trusts are legal so why make a fuss Simon? John Key says it is all OK. He has avoided any disclosure improvements so lets just go back to our knitting. Yes?
    No. Thankyou Simon for a fullsome expose. My limited knowledge is steadily improving with your help. Keep it up.

    • aerobubble 3.1
      9 May 2016 at 3:41 pm

      Key wanted to brand upgrade NZ with a change of flag, now he’s clueless to the undermining of our brand, and his lie that its to complex for him to understand how such legal entities can be used by criminals, and well Labour introduced them to that makes it all right, all damned by politician ineptitude.

  4. roy cartland 4
    9 May 2016 at 3:40 pm

    Surprising no one’s come up with the argument on what the US wastes it’s taxes on. Are we up to 50% on Military spending yet? Close if not.

    I imagine if I had m/billions I could deceive myself into thinking I’d done the world a favour by not paying US tax and hiding it; with the intention of giving the other 50% I owe to worthy causes, you know, when I’m good and ready.

  5. john 5
    9 May 2016 at 4:03 pm

    Some maths and perspective for you: (apart from none of this is illegal or immoral and only the ridiculous socialists think they are entitled to other peoples money).

    11.4 million DOCUMENTS.
    NZ mentioned 61000 times…how many times per document?
    Suggested example:
    Blah Blah (NZ) Ltd
    24 whosit street
    sometown
    New Zealand

    PO Box XXX
    Anytown
    New Zealand

    Blahblah@init.co.nz

    http://www.blahblah.co.nz

    Would this be at the top of each page, of each document and therefore in a 2 page document (would suggest this is the minimum) if NZ is mentioned say 5 times per document in the text then NZ was mentioned 15 times per document.

    So out of 61000 mentions…that would be 4067 documents out of 11.4 million

    ie 0.036%.

    approximate size of NZ population….0.06% of the world population, means we are mentioned in the panama papers about half as often as you would expect on the world stage.

    • Richard@Down South 5.1
      9 May 2016 at 4:12 pm

      You realise of course that money is owned by a government, and is only distributed for you to use?

      • john 5.1.1
        9 May 2016 at 4:17 pm

        untrue.
        Governments are, even the ridiculous socialist ones, of the people either by vote or default.
        So the money belongs to those who EARN it. Not those who administer it.

    • One Anonymous Bloke 5.2
      9 May 2016 at 4:16 pm

      It all adds up to the conclusion that NZ is a tax haven. I note that the document drop covers decades, whereas our “industry” has ballooned in just the last five years.

      • john 5.2.1
        9 May 2016 at 4:29 pm

        Must be a VERY small haven then…..0.036% of a haven perhaps.

        • One Anonymous Bloke 5.2.1.1
          9 May 2016 at 4:48 pm

          Was the point about decades a bit esoteric, sweety?

          I shall use your argument in court: “Your honour, my client only beat John about the head with a copy of the tax code for 0.036% of his life…”

        • North 5.2.1.2
          9 May 2016 at 5:05 pm

          John brings into play the discussion between the ‘lady’ and George Bernard Shaw. Quantum is all that matters. To hell with principle.

        • Pat 5.2.1.3
          9 May 2016 at 6:14 pm

          care to establish the dollar percentage to add to this amoral display?

    • Cowboy 5.3
      9 May 2016 at 4:22 pm

      That comment needs to be called on the bullshit that it is.

      I don’t want a single cent of ill gotten gain laundered through this country. No one has yet come up with a good reason why we should provide these services apart from a few lousy mil in lawyers fees. Anyone who thinks it’s acceptable to condone the trashing of New Zealand’s hard won international reputation for such a pulpy amount needs to examine their own values.

      • Cowboy 5.3.1
        9 May 2016 at 4:25 pm

        For clarity my comment was for John.

      • john 5.3.2
        9 May 2016 at 4:27 pm

        and you proof or even evidence that any money administered here is ill gotten???

        • One Anonymous Bloke 5.3.2.1
          9 May 2016 at 4:34 pm

          🙄

          …is invisible to John. Apparently.

        • joe90 5.3.2.2
          9 May 2016 at 4:36 pm

          and you proof or even evidence that any money administered here is ill gotten???

          Not a sausage, yet, because the beauty of the scheme being sold is that there’s no mechanism to deem riches ill gotten or otherwise.

          But should the authorities look at your accounts the onus is on you to show that indeed, your deposits have been gained legitimately.

          See the problem…..

          • Psycho Milt 5.3.2.2.1
            9 May 2016 at 5:14 pm

            The right-wingers have been running this one in their comments since the story broke. The foreign trust rules make it impossible to establish whether said trusts are being used for tax evasion and money laundering; and instead of saying “Holy shit, that needs fixing immediately,” our right-wing commenters say “You can’t prove it!” Classy.

            • McFlock 5.3.2.2.1.1
              9 May 2016 at 5:23 pm

              Indeed.

              I wonder if they expect customs to have the same attitude – only give customs officers the power to examine bags if they know the exact serial number of the bag that needs to be searched. And then claim that although people might have used similar arrangements in other countries to smuggle drugs, there’s no evidence that any of the uninspected boxes were used to smuggle drugs into NZ. So therefore there’s no problem with the system.

              I suppose it only counts when rich people do it, though.

            • International Rescue 5.3.2.2.1.2
              9 May 2016 at 5:38 pm

              For clarification…that’s not the line I’m running. I’m calling people out on claims that are revealing a> a profound ignorance of NZ’s laws and b> a profound and irrational hatred of John Key. If, in amongst the foreign trusts set up n NZ there is a single trust used to evade tax or launder ill gotten gains, we need to fix that. But the fact remains, there is no evidence that that has occurred.

              • wtl …
                9 May 2016 at 6:48 pm

                You said:

                …that’s not the line I’m running…

                Yet,

                …there is no evidence that that has occurred…

                is pretty much equivalent to “You can’t prove it!”.

                Edit: Plus, you also said “because at the moment nothing untoward has been proven.” in comment 8.1

                • McFlock …
                  9 May 2016 at 8:25 pm

                  Doesn’t work – IR has installed logical contradiction filters, so pointing out their hypocrisy doesn’t result in their head frying like a Star Trek robot. They just reset and go on with more bullshit.

                • International Rescue …
                  9 May 2016 at 8:57 pm

                  Yep you can’t prove it. When you can, come back with something.

                  • wtl …
                    9 May 2016 at 9:44 pm

                    If you can’t see any contradiction in those statements, there is absolutely no point engaging with you, since you seem to be either completely clueless or deliberately disingenuine.

            • Jack Ramaka 5.3.2.2.1.3
              9 May 2016 at 8:58 pm

              Typical legal argument deny, deny, deny?

              JK is not showing any leadership on this issue?

        • framu 5.3.2.3
          10 May 2016 at 7:31 am

          the actual question is “Does our regime make it possible?”

          if it does allow money laundering then it is, by design, a bad system that needs to be replaced

          no one has to prove any actual money laundering – all that needs to be proven is that it is possible using NZ law

    • dv 5.4
      9 May 2016 at 4:37 pm

      There is that pinhead again (dancing in cause you get offended john)

    • Tony Veitch (not the partner-bashing 3rd rate broadcaster) 5.5
      9 May 2016 at 4:55 pm

      It seems to me that it’s not the frequency of NZ’s name appearing in the 11 million documents, which apparently date as far back as 1977, but the time we are mentioned.

      Key set this country up as a tax haven in 2011, so I imagine NZ is mentioned much more frequently in more recent documents.

      So, overall, we may have only been mentioned 60,000 times, but those 60,000 times may have all occurred in the last five years – a much more damning fact!

      • International Rescue 5.5.1
        9 May 2016 at 5:01 pm

        The current foreign trust laws pre-date Key.

        • One Anonymous Bloke 5.5.1.1
          9 May 2016 at 5:06 pm

          Apart from the ones that don’t.

          …reduces tax for non-residents…

          Keep twisting, I’m having fun.

          • International Rescue 5.5.1.1.1
            9 May 2016 at 5:19 pm

            The foreign trust laws pre-date Key. The 2011 changes were minor, as excellently outlined here http://thestandard.org.nz/key-changed-the-law-to-turn-nz-into-a-tax-haven/#comment-1159088

            Figured out the difference between inequality and poverty yet?

            • One Anonymous Bloke 5.5.1.1.1.1
              9 May 2016 at 5:39 pm

              Yes, tax avoidance makes both of them worse.

            • Sacha 5.5.1.1.1.2
              9 May 2016 at 8:29 pm

              From that link:
              “In fact investors in a PIE – even if they are overseas – must meet full anti-money laundering regs which includes verified copies of passports and utility bills and this info is available for both the FMA and the IRD.”

              Where ‘available for’ means ‘only if they ask for it’. And why would they? Overseas jurisdictions also cannot see who the settlors or beneficiaries of any given trust are, just the carefully selected beige NZ names like Roger Thompson that won’t attract interest.

              Nice try.

              • International Rescue …
                9 May 2016 at 8:54 pm

                So? All you’re doing is confirming there are disclosure rules. And confirming the way things ave been for years. Thanks.

              • Andrew …
                9 May 2016 at 11:46 pm

                wrong, that info is needed for investing in PIE’s. the “only if they ask for it” stuff is the other trusts we are talking about, you know, the ones that have been around since the 80’s. the ones that the panama papers are actually taking about.

                • One Anonymous Bloke …
                  10 May 2016 at 11:27 am

                  How do you know what they’re talking about: had time to read them have you? Speed reading champion of the universe.

          • Andrew 5.5.1.1.2
            9 May 2016 at 11:42 pm

            you missed a bit … “investing through New Zealand portfolio investment entities” …

            you were saying?

            • One Anonymous Bloke 5.5.1.1.2.1
              10 May 2016 at 5:54 am

              Yes, I was saying that changes were made by this government in 2011. If you look a little closer, IRD are very helpful:

              The [2011] Act introduces two new categories of PIE: “foreign investment zero-rate PIE” …Zero-rate PIEs are generally only able to invest offshore…

              You were saying?

              • Andrew …
                10 May 2016 at 11:13 am

                I’m still trying to understand what you are getting at.

                We all know that the 2011 law change was to zero rate investment returns in PIE funds for foreign investors where the fund invests in overseas investments. Non-tax resident, you don’t pay NZ tax on income generated off-shore. Simple.

                But the facts are these, you can’t anonymously invest in a PIE and you can’t own more than 20% (ish) of a PIE, therefore they are extremely unlikely to be used to evade tax as the IRD knows exactly who is investing in these entities.

                The panama papers have nothing at all to do with these types of investments. Therefore this whole Key made us a tax haven with the 2011 tax changes to PIE funds, is, in a word, bollocks.

                • One Anonymous Bloke …
                  10 May 2016 at 11:25 am

                  Perhaps you can explain what the changes to “Sections CP 1, CX 56, CX 56B, DB 54B, HM 1, HM 2, HM 6, HM 6B, HM 7, HM 8, HM 11 to 13, HM 19B, HM 19C, HM 31 to 33, HM 35C, HM 41, HM 44, HM 44B, HM 47, HM 51, HM 53, HM 55C to 55H, HM 60, HM 61, HM 64, HM 65, HM 71B, HM 82, IC 3, LS 1, LS 2, YA 1 and schedule 6” mean then.

                  The IRD says:

                  The PIE rules have had time to bed down and the relevant legislation is now relatively settled. At the same time, various reports (most recently, the report of the International Funds Services Development Group) noted there is the potential for New Zealand to become a “financial hub”, providing back-office services to international managed funds. To take advantage of such an opportunity, the over-taxation of non-resident investors in PIEs would need to be resolved. This is the objective of the new foreign investment PIE rules.

                  Key features

                  The Act introduces two new categories of PIE: “foreign investment zero-rate PIE” (referred to as “zero-rate PIEs”) and “foreign investment variable-rate PIE” (referred to as “variable-rate PIEs”). The rules for these PIEs aim to align the tax treatment of non-resident investors in the PIE with the tax treatment of direct non-resident investors. Resident investors in a foreign investment PIE will continue to be taxed as if they were in an ordinary PIE.
                  The new rules are optional. PIEs do not need to elect to become one of the new types of PIE and can continue to apply the existing rules, where PIEs are taxed at 28 percent on the income attributable to non-residents.
                  Zero-rate PIEs are generally only able to invest offshore. De minimis levels of New Zealand-sourced income are allowed, however. This allows such a PIE to finance its day-to-day operations with a New Zealand bank account, for example.
                  Zero-rate PIEs are taxed at zero percent on all PIE income attributable to certain non-residents.
                  Variable-rate PIEs can invest into both New Zealand and offshore assets.
                  Variable-rate PIEs face a variety of different tax rates on income attributable to non-residents, depending on the type and source of the income.

                  Which looks like something that was taxed at 28% became taxed at 0%, and is only available to offshore investors. And forget you ever heard the term ‘financial hub’. Just erase it from memory.

                  • Andrew …
                    10 May 2016 at 11:50 am

                    there is the potential for New Zealand to become a “financial hub”, providing back-office services to international managed funds

                    Financial hub != tax haven. “providing back-office services to international managed funds” != tax haven.

                    There is absolutely nothing wrong with the above. It is all above board, fully legal and compliant with the anti money laundering laws.

                    Once again, PIE managed funds are NOT used to avoid tax … sheesh … Off shore trusts in NZ have ALWAYS been zero rated for overseas income. Nothing has changed there. The change was only related to managed funds that were created in 2007/08 to bring them inline with the existing laws around overseas investments for foreign owned trusts.

                    You are putting 2 and 2 together to make 6.

                    • One Anonymous Bloke …
                      10 May 2016 at 12:02 pm

                      28 ≠ 0

                      I get that you believe what you’re saying, and yet we’ve learned how the “zero-rate” trick can be used to avoid tax – because it still counts as a tax rate.

                    • Andrew …
                      10 May 2016 at 1:30 pm

                      I really don’t think that “trick” applies to managed funds. They would still have to declare income in their home country. To not declare income would be tax evasion.

                      Anyway, will leave it there. Ill go off and see if i can see anything about the “yes i have paid tax in NZ, it was just zero tax” trick that you mention.

                      Would be handy if an actual tax professional could clear this all up as there is a “lot” of reading between the lines going on.

                      Cheers

        • Tony Veitch (not the partner-bashing 3rd rate broadcaster) 5.5.1.2
          9 May 2016 at 6:18 pm

          IR @ 5.5.1

          You’ve missed the point I made – deliberately?

          The fact may be that NZ may be mentioned relatively frequency in papers dating from 2011, when the tax regime was changed by the National Government.

          This makes the 60,000 mentions of much more significance.

        • Pat 5.5.1.3
          9 May 2016 at 6:19 pm

          you really are a broken record …it has already been established (and pointed out again today by tax experts) that the 2011 changes were what supercharged the desirability of FTs in NZ

    • Lanthanide 5.6
      9 May 2016 at 5:17 pm

      How many ‘documents’ are emails which are idle chit-chat or unimportant office administrivia?

      Like – we need to buy a cake for X who is leaving today.

    • Richard@Down South 5.7
      9 May 2016 at 6:45 pm

      Your math fails… if NZ was responsible for 99% of the ‘tax haven business’, im sure NZ wouldnt be mentioned in 99% of the documents… they could just say ‘NZ is responsible for by far and most of the ‘tax haven’ business… the fact we are mentioned so often, should be a badge of shame

      Let me put it this way…

      replace tax haven, and replace with ‘contact killings’… if that were the case, we’d be down right upset

      • International Rescue 5.7.1
        9 May 2016 at 8:55 pm

        NZ is not a tax haven. NZ isn’t responsible for any contract killings.

  6. shorts 6
    9 May 2016 at 4:17 pm

    this is possibly a dumb question, and a bit off topic – but where is the money?

    Is NZ a conduit to these peoples money going elsewhere or does some/most/all of it reside here?

    • Matthew Hooton 6.1
      9 May 2016 at 4:36 pm

      It doesn’t even necessarily come here at all.

      • Anno1701 6.1.1
        9 May 2016 at 4:50 pm

        yes no one is showing up at the airport with suitcases of Yuan/euro/pounds/pesos

        but there will be be (most likely) many many millions of $ worth of “assets” owned by these “structures”

        thats the point of them , say i live somewhere wth ooooh i dont know,how bouit a land tax, if my huge mansion is owned by an offshore company & i simply “rent” it from said company , then i aint liable for the tax…

        of course the double benefit is i can offset my payments (to myself via my offshore structure) as a cost for tax purposes

        i win both ways and my country of residence looses out….

        also a great way around currency controls (like in China ) as you can drip feed your money out of the country as “payments” to your offshore structure

        I would imagine quite a few foreign students here in NZ have there “rent” paid by the parents back home….

    • International Rescue 6.2
      9 May 2016 at 4:46 pm

      A foreign trust can open accounts anywhere in the world. It is possible some of the funds will be invested here, but given our relative size, I would suggest a significant amount of the funds will reside offshore.

      • One Anonymous Bloke 6.2.1
        9 May 2016 at 4:51 pm

        Yes, and forget that you ever heard the term “financial hub”…it’s a distant memory, fading away, and…gone, never happened. A bit like your financial expertise.

      • shorts 6.2.2
        9 May 2016 at 4:53 pm

        thanks for that -wasn’t totally sure as its not clear in all the articles I’ve read

        So we’re a clearing house or broker then, one that legitimises other people doing dishonourable things, cool

        • International Rescue 6.2.2.1
          9 May 2016 at 5:14 pm

          We don’t legitimise anything. If you know of people laundering money in or through NZ, tell the authorities.

    • Pat 6.3
      9 May 2016 at 6:38 pm

      of course the odd 10 million or so may find its way here….

      http://www.immigration.govt.nz/migrant/stream/invest/investment/default.htm

  7. International Rescue 7
    9 May 2016 at 4:32 pm

    “but his government set up a regime via a minor rule change in 2011 that opened the floodgates to criminals, oligarchs and the mafia as well as the plain wealthy, using a zero rated tax regime for foreigners.”

    That is nonsense, and you know it. The essence of our foreign trust regime was established under a Labour Gvt, unchanged by a Labour Gvt, and largely unchanged by a national Gvt. Even your header is dishonest, because Brash clearly said “IF”.

    Here’s what Peter Dunne said “I am especially concerned at the revelation that the numbers of foreign trusts established in New Zealand has gone up almost four-fold in the last decade.” The LAST DECADE! Not since 2011.

    That said, please keep going. The over-reach, the eye watering hysteria, the involvement of Nicky hager, the shrill and irrational reaction of Little, is once again ensuring a two point bounce for national.

    • One Anonymous Bloke 7.1
      9 May 2016 at 4:40 pm

      Reality check: RNZ, the ICIJ and TVNZ involved Hager.

      Beyond that, everyone knows you agree with the Prime Minister. I note he has changed his story from “it isn’t happening” to “Labour did it too”.

      Polly wanna cracker?

      • International Rescue 7.1.1
        9 May 2016 at 4:47 pm

        Media and Hager. A really credible combination lol. Oh and no-one’s arguing ‘Labour did it as well’ because there is yet to be proven that there is an ‘it’.

        “The government’s proposed foreign trust policy is another area where we have worked extensively with affected taxpayers to produce good, workable tax policy.
        Under current law, foreign trusts that have New Zealand-resident trustees but receive no New Zealand income are not required to provide information to Inland Revenue on a regular basis, or to keep New Zealand tax records. There is no need for that, since they are not taxed here, and rightly so, because they are outside our tax base. ”

        Who said that OAB? Sir M Cullen. April 2005.
        http://taxpolicy.ird.govt.nz/news/2005-04-29-tax-changes-announced

        • One Anonymous Bloke 7.1.1.1
          9 May 2016 at 4:49 pm

          He said that too! Have another cracker.

        • One Anonymous Bloke 7.1.1.2
          9 May 2016 at 4:53 pm

          Since you’re such a Google expert, explain precisely what changed in 2011 (it’s right there on IRD’s website). Oh damn, I looked it up by accident!

          …reduces tax for non-residents investing through New Zealand portfolio investment entities…look through company rules…

          Paging Dr. Dunning-Kruger.

          • International Rescue 7.1.1.2.1
            9 May 2016 at 4:59 pm

            No much. Foreign Trusts began long before that.

            • One Anonymous Bloke 7.1.1.2.1.1
              9 May 2016 at 5:03 pm

              Apart from reduces tax for non-residents 😆

              Oh look – it turns out your word ain’t worth shit. Who knew!

              • International Rescue …
                9 May 2016 at 5:11 pm

                You really have no idea what you’re talking about, do you?

                • One Anonymous Bloke …
                  9 May 2016 at 5:17 pm

                  There were no tax changes in 2011 that affected foreign trusts. You’ve made clear you believe that.

                    • One Anonymous Bloke …
                      9 May 2016 at 5:36 pm

                      Ah, so “minor” changes that Chapman Tripp described as “foreign investments will now bear no New Zealand tax on their income, whether or not the fund distributes that income” and an “attractive alternative to funds resident in Luxembourg, Ireland or the Caymans.” The IRD described it as lowering the tax rate for non-residents.

                      I’m glad we sorted that out.

                    • International Rescue …
                      9 May 2016 at 5:40 pm

                      Read the IRD material OAB. And the Standard link. It explains it very well. The changes were sensible and minor.

                    • One Anonymous Bloke …
                      9 May 2016 at 5:43 pm

                      Sensible, minor, and reduced the tax rate for foreign investments to make us an attractive alternative to the Cayman Islands. That’s what the links say.

                    • International Rescue …
                      9 May 2016 at 5:45 pm

                      “Sensible, minor, and reduced the tax rate for foreign investments to make us an attractive alternative to the Cayman Islands. ”

                      Not really. We have disclosure rules. We have many other impediments to being considered a tax haven. Educate yourself, OAB.

                      “New Zealand has evolved one of the best and most comprehensive asset protection and offshore tax minimization systems in the world whilst at the same time avoiding any issues of blacklisting as an offshore destination by the OECD countries. This plus a comprehensive bundle of Free Trade agreements and Double Taxation Agreements mean that today a properly structured and planned asset protection strategy involving the use of New Zealand companies and non-resident trust ensures the safest and most efficient structure possible.

                      You must remember that New Zealand is not a tax haven. Nevertheless, it is considered by many international investors and businessmen as the best jurisdiction to form asset protection structures and tax regimes for non-resident shareholders and/or beneficiaries. So the country can provide all the advantages of traditional “offshore” jurisdictions and even more because it is not blacklisted by any jurisdiction or authority in the world and has no connotations as a tax haven. New Zealand is a full member of the OECD, FATF and World Trade Organization.”
                      http://www.trust-nz.com/en-nz-as-offshore.html

                  • adam …
                    9 May 2016 at 6:00 pm

                    One Anonymous Bloke you know that the hundreds of hours of work and research by international group of trusted journalist – is nothing compared to International Rescue, and his what 10 minutes of research, OK maybe 15.

                    OMG I’ve been laughing all day, and then International Rescue turns up, and sets off the fit of giggles again. I have to go cook dinner, this is just fantastic.

                    • Tricledrown …
                      9 May 2016 at 8:48 pm

                      International ridicule.
                      So how come Mexican peddler of influence was rejected by just about every other tax haven but allowed in here.
                      I’ll tell you why the US government is going after those in tax havens.

    • North 7.2
      9 May 2016 at 5:54 pm

      You know they’re worried when they start straw man screeching like International (Needs) Rescue. The straw man being that everyone’s claiming The Fake Man Key is personally financially, Panama-ed Up.

      Whoever said that ? No one actually. Aside from International (Needs) Rescue who in protesting too much actually implies it. You’re obviously worried aren’t you ‘Troll Sans Frontieres’ ?

      Give yourself a break dickhead. Accept that just like the outrageous, lying, tory toff Jeffrey Archer, there’s an exponentially developing theme that Mr Key is, well you know, just a little bit ‘icky’ in yet a further way. And in contrast to Thatcher supplicant, fan boy and jailbird Jeffrey, not even literate.

      • International Rescue 7.2.1
        9 May 2016 at 6:04 pm

        hahaha. You say:

        1> “The straw man being that everyone’s claiming The Fake Man Key is personally, financially, Panama-ed Up. Whoever said that ? No one actually. ”

        then

        2> “Accept that just like the outrageous, lying, tory toff Jeffrey Archer, there’s an exponentially developing theme that Mr Key is, well you know, just a little bit ‘icky’ in yet a further way”

        It takes a special kind of moron to shoot yourself in the foot within the same post.

        • North 7.2.1.1
          9 May 2016 at 6:22 pm

          I know you’re not open to it International (Needs) Rescue but I repeat…….there is a developing theme. Which is in complete contrast to the down home ‘have a beer with this guy’ shit. You know it what’s more.

          “My God……what if there’s no God ?”

          PS: you missed the bit about your protesting too much.

          • International Rescue 7.2.1.1.1
            9 May 2016 at 8:52 pm

            You’re simply demonstrating how out of touch with reality the left have become. NZ’er demand evidence before believing the hype. They also know a winner when they see one. Key is a winner, for NZ and for NZ’ers. And there is nothing tying him or his Gvt to any wrongdoing. His popularity is about to go up though, because of the hash you are all making of this.

            • Colonial Viper 7.2.1.1.1.1
              11 May 2016 at 5:07 pm

              Yep, Key is a real winner. And you are right, Kiwis can see it.

  8. Cowboy 8
    9 May 2016 at 4:49 pm

    Yes clearly it’s all Labours fault as usual. I must have been mistaken thinking National are well into their third term.
    Frankly I don’t give a damn who’s fault it is or what the damn polls say I just want it cleaned up and cleaned up properly.Key will of course do something of little consequence to make it all go away.

    • International Rescue 8.1
      9 May 2016 at 4:57 pm

      It isn’t anyone’s ‘fault’, because at the moment nothing untoward has been proven. All we know is that NZ has had foreign trusts for many years. Some non NZ residents administer their funds through these trusts, some of the funds reside in NZ, some don’t. NZ has disclosed details of these trusts on every occasion a request has been made by a country with whom we have a joint agreement. If there is a smoking gun here, it must be very well hidden!

      • Paul 8.1.1
        9 May 2016 at 5:03 pm

        Another troll who thinks tax havens are moral.

        • International Rescue 8.1.1.1
          9 May 2016 at 5:16 pm

          NZ is not a tax haven. I haven’t even commented on the morality or otherwise.

        • indiana 8.1.1.2
          9 May 2016 at 5:40 pm

          Why is morality even a question? In any country, the governments legally allow people to conduct their financial affairs and even assist in creating avenues to do so. When those citizens use these means, they are doing nothing that is considered immoral. Countries don’t live in silos – they negotiate deals with each other to create these financial avenues.

          • International Rescue 8.1.1.2.1
            9 May 2016 at 5:44 pm

            I also find it humorous that the left scream when someone tries to impose morality on them, yet try to define and impose their morality on everyone else!

            • adam 8.1.1.2.1.1
              9 May 2016 at 5:53 pm

              Really, and you are doing what with that comment.

              Man your logic is so flawed, mind you, I get a good giggle from you inane rants.

              • International Rescue …
                9 May 2016 at 6:01 pm

                “…and you are doing what with that comment.”
                Making an observation.

            • adam 8.1.1.2.1.2
              9 May 2016 at 5:53 pm

              Really, and you are doing what with that comment.

              Man your logic is so flawed, mind you, I get a good giggle from you inane rants.

          • North 8.1.1.2.2
            9 May 2016 at 6:13 pm

            So what’s ‘legal’ definitionally passes the morality filter Indiana ? You would’ve been a wonderfully content Frau Indiana/Herr Indiana way back when. History tells you why morality’s a question, fool. But congratulations to you Frau/Herr. Soooo John Key !

            • indiana 8.1.1.2.2.1
              9 May 2016 at 6:55 pm

              I don’t understand the link you are trying to make…last time I looked there was nothing oppressive about these financial agreements between countries that bring morality into question.

              • North …
                9 May 2016 at 8:50 pm

                We’re not talking about agreements between nations. We’re talking about enabling agreements between MF and some of the greediest, most amoral sociopaths on Earth.

          • Colonial Viper 8.1.1.2.3
            9 May 2016 at 7:12 pm

            When those citizens use these means, they are doing nothing that is considered immoral.

            Except when bottom feeding scum suckers claim that there is not enough money left in the public purse to feed hospital patients correctly, to ensure single bunking in prison facilities, to lower student numbers in class rooms, to pay a living wage, or to keep uni fees low.

            Then it becomes a matter of morality, shit head.

            Or amorality, as is the case with you.

            • indiana 8.1.1.2.3.1
              9 May 2016 at 8:20 pm

              So which countries that we have agreements with are claiming that they are tax poor?

            • International Rescue 8.1.1.2.3.2
              9 May 2016 at 9:01 pm

              Whose morality? The left long ago conceded any claim to morality when it taught us morality as subjective. Stop being such a hypocrite.

  9. Colonial Viper 9
    9 May 2016 at 4:56 pm

    HSBC fingered eh…how come the big US banks like GS, JPM and Citi never get fingered? Just their foreign competition.

    I guess HSBC doesn’t donate to US political campaigns like these boys do.

  10. Steve 10
    9 May 2016 at 4:57 pm

    A crucial part of the set-ups we’ve been hearing about are LTCs (look-through companies).

    Why do they exist?

    How were they legislated for?

  11. Magisterium 11
    9 May 2016 at 5:05 pm

    [removed]
    [lprent: You were banned here. Added another week. ]

    • Pasupial 11.1
      9 May 2016 at 6:21 pm

      Magisterium

      Is there some point to that sentence fragment? Do you perhaps think that; the porn industry is entirely innocuous and that all performers are voluntary and paid lucratively?

      The context of the quote is Hager describing those who he is aware of having used tax havens:

      what I found was the full range of things people do in the shadows.

      Arms traders. Billionaires quietly shifting their profits out of impoverished countries. Business people eager to win big contracts in countries with corrupt leaders.

      Hard core pornographers, hiding the identity of those raking in the profits. Pharmaceutical company money invisibly moved around to buy influence. And, more than anything, huge numbers of people who appeared to be cheating their tax departments.

      None of this should greatly surprise readers. Tax havens say they sell “financial services” but what they mostly sell is secrecy.

      • Magisterium 11.1.1
        9 May 2016 at 6:51 pm

        [removed]
        [lprent: You were banned here. Added another week.

        That is an additional 9 weeks plus 4 weeks for wasting my time. Set it until the 4th of July.

        If I see you writing any comments apart from one whine in spam before them, I will start doubling at 13 weeks per comment. ]

  12. Reddelusion 12
    9 May 2016 at 5:09 pm

    Just change disclosure rules problem solved and move on , Albeit watching the left froth and thrash themselves in mock outrage is fun. new topic next week when this becomes fish and chip paper.

    • Paul 12.1
      9 May 2016 at 5:13 pm

      Please find somewhere to spread your lies.

    • Gangnam Style 12.2
      9 May 2016 at 5:38 pm

      “new topic next week when this becomes fish and chip paper.” Same thing was said last week about this topic.

      • Pasupial 12.2.1
        9 May 2016 at 6:40 pm

        The; “fish and chip paper”, line is pretty old – dating from the days when printed newspapers were the news. Online discussions remain searchable and relevant in a way that was rarely the case with printed or broadcast (pre-filesharing) media. For example the ease with which I can reference this 2012 occurrence:

        New Zealand and Russia have been struck off a prestigious European Union banking and corporate “white list” over this country’s weak money laundering and terrorism financing controls.

        http://i.stuff.co.nz/business/industries/6938888/New-Zealand-removed-from-EU-white-list

        Likewise, anything published in the course of the Panama Papers story will remain fully accessible in the future. So I suppose the only viable response for those upset with the revelation of NZ’s tax haven status is to; spew forth as much nonsense as possible in the hope that it is their sound and fury that is remembered.

    • Tricledrown 12.3
      9 May 2016 at 6:59 pm

      If Dotcom is targeted for very similar and in fact less serious than what Mossack Fonseca behaviour.
      Even if what they are doing in this country may not break our lax laws.
      What they are enabling is undermining the likes of sanctions on Putin’s Russia North Korea Drug Cartels etc.
      Very unlikely they are coming for any other reason other than laundering for legitimacy.
      TVNZ showed adds confirming that reason.

    • Tricledrown 12.4
      9 May 2016 at 7:08 pm

      Blue Looney if your going to be John Key fanboy.
      Its fush’n’ships.
      Key speak.
      Running interference.
      Read who Mossack Fonseca does business with terrorists corrupt govt officials North Korea.
      Russia where sanctions have been imposed.
      These MF should be arrested and thrown in jail.

  13. Reddelusion 13
    9 May 2016 at 5:09 pm

    Just change disclosure rules problem solved and move on , Albeit watching the left froth and thrash themselves in mock outrage is fun. new topic of mock outrage next week when this becomes fish and chip paper.

    • adam 13.1
      9 May 2016 at 5:50 pm

      OMG this day just keeps getting funnier, you lot reaching back for every tried meme and trying to make it work for this. I’ve been laughing my head off.

      I think you want us to be upset when none of us are, we over being upset. This is just bizz as usual for this government, we all just enjoying watching them being exposed for the enablers that they are.

      Criminals and tax havens all hand in hand, a government selling our good name for 25 million pieces of silver.

      Lawyers, MP’s, downed PM’s, whistle blowers, more lies from Key, tax avoidance, corporations not paying tax, syndicates, tax not being paid, interconnectedness with the Cooks and other known odd tax countries, banks acting like money sharks, and the list getting longer everyday. Names named and you lot running like chickens with your head cut off.

      Nah mate it’s funny, no need for any of us to froth, will leave that to you and your’s.

    • Tricledrown 13.2
      9 May 2016 at 8:26 pm

      Friends of the National Party who do business with North Korea Russia dodgy corrupt officials grifters and greasers peddlers of Influence.
      Don’t have the GSCB spy on them or have the police armed offenders squad arrest them.

    • whateva next? 13.3
      9 May 2016 at 9:23 pm

      You must be on overtime by now? Make sure you pay your extra tax on the extra payment though eh?.

  14. Lanthanide 14
    9 May 2016 at 5:12 pm

    “Former Reserve Bank Governor who is also a former National Party and Act Party leader, Don Brash, told The Standard,”

    I thought the term “The Standard” refers to the machine that this site is running on, and not a thinking breathing person? Why would Brash talk to a computer server sitting in Lynn’s apartment?

    Or does that definition only apply when moderating comments?

    Also is Simon Louisson now a journalist reporting for The Standard?

    • Simon Louisson 14.1
      9 May 2016 at 5:30 pm

      It is a standard (excuse the pun) convention that when someone talks to a reporter etc the way to report it is to say; told Reuters or told The Standard etc — most people know this

      • linda 14.1.1
        9 May 2016 at 6:27 pm

        https://youtu.be/gi0y4Y1bhIo
        could be john key

      • Lanthanide 14.1.2
        9 May 2016 at 6:28 pm

        Yes, most people do know this. My point is that this site, for many years, has had the convention that “The Standard” is a computer that (now) sits in Lynn’s apartment. It is not a person, it does not have feelings or opinions, and it does not “post” anything. There used to be a username called “The Standard” until I pointed out the above, and so it was renamed to “Notices and Features” instead.

        Many people have been banned over the years for suggesting the “The Standard” holds an opinion on something, or that “The Standard” has posted something.

        So, I am asking if this established use of the term “The Standard” also applies to articles, or only when moderating comments.

        I suspect if we are now going to allow this use of the term “The Standard” in articles, that we can expect an increase of people using that term within comments. It would seem rather unfair to ban people for using that term, when articles on the site itself use it in the same manner.

        • lprent 14.1.2.1
          9 May 2016 at 10:12 pm

          My point is that this site, for many years, has had the convention that “The Standard” is a computer that (now) sits in Lynn’s apartment. It is not a person, it does not have feelings or opinions, and it does not “post” anything. There used to be a username called “The Standard” until I pointed out the above, and so it was renamed to “Notices and Features” instead.

          It is an issue and always has been for the site. Hard to be a cooperative if we operate with a editorial group policy. So even our moderation policy is more a set of limits to prevent moderators (especially new ones) from going overboard and accidentally destroying community with personal in-group rules. We don’t have a hard and fast policy. Individual moderators tend to do their own thing.

          The line that I have always personally drawn and pushed (and got into the about) is that we do things individually. We cooperate despite our differences and what policy we have is there to restrain us. Amongst other reasons that is because I’m probably the most hard arse judgemental bastards on this site, and have the skills to over-express it. I need the restraints.

          On the other hand, Simon comes from a different tradition (journalism). He is a damn good writer coming into a quite different environment. So I haven’t bothered to point out that particular difference between blogs and journalism. I figure a commenter would tell him.

          No surprise who 🙂

    • North 14.2
      9 May 2016 at 7:16 pm

      “The Standard” is a concept Lanthanide. Unrelated to the spectacularly broken promise of higher ones. The Fake Man had his tongue firmly up his arse when he mouthed the Crosby Textor script. We all know that’s true. The man’s as literate as an empty Cody’s can.

  15. Robert Atack 15
    9 May 2016 at 7:24 pm

    When the money comes into NZ isn’t it converted to NZ $ ?
    Like they wouldn’t stash a million bucks worth of Pesos in someone’s bottom draw.
    So they must have to buy NZ$
    Is that why our dollar is so strong?
    And surely someone has a record of who or what is buying NZ$?

    • Robert Atack 15.1
      9 May 2016 at 7:47 pm

      Kind of answered in the above comments. ops

      • Tricledrown 15.1.1
        9 May 2016 at 8:38 pm

        NZ is being used as a half way house to give legitimacy to dirty money then it is transferred to Swiss bank accounts.

        • Colonial Viper 15.1.1.1
          9 May 2016 at 8:42 pm

          Right, so the money looks like it is coming from a “real company” with “real business” activities in NZ.

          • Kiwiri 15.1.1.1.1
            9 May 2016 at 10:07 pm

            So money does come in and the NZ currency gets traded with incoming/outgoing flow of funds?

            Is this one of the reasons (not the only, nor necessarily the main, reason) that the NZ Dollar is so highly traded and quite likely overvalued for such a small economy in the scheme of things in the world?

  16. Jack Ramaka 16
    9 May 2016 at 9:11 pm

    This must be the reason why NZ currency is so heavily traded, like in the top 20 currencies world wide however our foreign exchange receipts imports & exports are 100 + in the world?

    • Kiwiri 16.1
      9 May 2016 at 10:10 pm

      Argh. I’ve just seen your comment, Jack, after typing the above and scrolling down to read some more. Thanks. I’ll keep my comment anyway. Great minds and all that .. you’ve put it in sharper detail (than my comments) with the second part of what you have typed.

  17. whateva next? 17
    9 May 2016 at 9:21 pm

    Thankyou for giving us the facts Simon, so we can actually decide for ourselves. Mr.Key’s version simply confuses me, as indeed it is designed to do. Being patronised does not work well with grown adults (who work hard AND pay our taxes) FYI Mr.Key.

  18. Venezia 18
    9 May 2016 at 9:58 pm

    It doesn’t matter what the right wing trolls are arguing to rationalise the use of foreign trusts and shell companies. John Key enabled the massive increase in these vehicles in the law update 2011. His selling point was a financial hub for NZ – but as a financial whizz kid, he also knew the truth. Such vehicles may be legal but they go beyond evading taxes. They are also used to commit serious crimes.
    Check it out here (and wait for more to come):

    https://panamapapers.icij.org/20160506-john-doe-statement.html

  19. Tricledrown 19
    9 May 2016 at 11:20 pm

    Mossack Fonsecca implicated in Britain’s biggest gold hoist.
    Directly benefiting by keeping £60 million pounds of stolen money from violent murderous bank robbers.
    Because these bank robbers were locked up and lost their ability to access foreign laundered money.
    Mossack Fonsecca pocketed the money.

  20. Chuck 20
    10 May 2016 at 5:05 pm

    Oh deary me…it seems the NZ Green Party has a large donor linked to these “tax havens, criminals and amoral rich”

    http://www.stuff.co.nz/business/79814716/panama-papers-green-party-donor-listed-in-offshore-leaks

    Looks like the Green Party require some political advice on who’s money to take?

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    2 days ago
  • Kamala Harris Did Something Unthinkable

    Hi,Yesterday me and a bunch of friends gathered in front of the TV, ate tortillas, drank wine, and watched the debate between Kamala Harris and Donald Trump.Some of you may have joined in on the live Webworm chat where we shared thoughts, jokes and memes — and a basic glee ...
    David FarrierBy David Farrier
    2 days ago
  • Kamala Harris Did Something Unthinkable

    Hi,Yesterday me and a bunch of friends gathered in front of the TV, ate tortillas, drank wine, and watched the debate between Kamala Harris and Donald Trump.Some of you may have joined in on the live Webworm chat where we shared thoughts, jokes and memes — and a basic glee ...
    David FarrierBy David Farrier
    2 days ago
  • David Seymour is such a loser

    For paid subscribersNot content with siphoning off $230,000,000 of taxpayers money for his hobby projects - and telling everyone his passion is education and early childcare - an intersection painfully coincidental to the interests of wealthy private families like Sean Plunkett’s1 backers, the Wright Family, Seymour is back in the ...
    Mountain TuiBy Mountain Tui
    2 days ago
  • Cross-party consensus: there’s no pipeline without good faith

    There’s been a lot of talk recently about a cross-party agreement to develop a pipeline for infrastructure, including transport. Last month, outgoing CRL boss Sean Sweeney talked about the importance of securing an enduring infrastructure programme. He outlined the high costs of the relentless political flip-flopping of priorities, which drives ...
    Greater AucklandBy Connor Sharp
    2 days ago
  • Voters love this climate policy they’ve never heard of

    This is a re-post from Yale Climate Connections by Karin Kirk The Inflation Reduction Act is the Biden administration’s signature climate law and the largest U.S. government investment in reducing climate pollution to date. Among climate advocates, the policy is well-known and celebrated, but beyond that, only a minority of Americans ...
    Skeptical Science
    2 days ago
  • ACC wants to administer inflation at more than double the RBNZ’s target rate

    ACC levies are set to rise at more than double the inflation rate targeted by the RBNZ. Photo: Lynn GrievesonKia ora. Long stories short, here’s my top six things to note in Aotearoa’s political economy around housing, climate and poverty on Thursday, September 12:The state-owned monopoly for accident insurance wants ...
    The KakaBy Bernard Hickey
    2 days ago
  • Harris vs Trump

    We’ve been selected to rock your asses 'til midnightThis is my term, I've shaved off my perm, but it's alrightI solemnly swear to uphold the ConstitutionGot a rock 'n' roll problem? Well we got a solutionLet us be who we am, and let us kick out the jams, yeahKick out ...
    Nick’s KōreroBy Nick Rockel
    2 days ago
  • Treaty Bill “a political stunt”

    Prime Minister Christopher Luxon appears to have given ACT Leader David Seymour more than he has been admitting in the proposals to go forward with a Treaty Principles Bill.All along, Luxon has maintained that the Government is proceeding with the Bill to honour the coalition agreement.But that is quite specific.It ...
    PolitikBy Richard Harman
    2 days ago
  • An average 219 NZers migrated each day in July

    Kia ora. Long stories short, here’s my top six things to note in Aotearoa’s political economy around housing, climate and poverty on Wednesday, September 11:Annual migration of New Zealanders rose to a record-high 80,963 in the year to the end of July, which is more than double its pre-Covid levels.Two ...
    The KakaBy Bernard Hickey
    3 days ago
  • What you’re wanting to win more than anything is The Narrative

    Hubris is sitting down on election day 2016 to watch that pig Trump get his ass handed to him, and watching the New York Times needle hover for a while over Hillary and then move across to Trump where it remains all night to your gathering horror and dismay. You're ...
    More Than A FeildingBy David Slack
    3 days ago
  • National’s automated lie machine

    The government has a problem: lots of people want information from it all the time. Information about benefits, about superannuation, ACC coverage and healthcare, taxes, jury service, immigration - and that's just the routine stuff. Responding to all of those queries takes a lot of time and costs a lot ...
    No Right TurnBy Idiot/Savant
    3 days ago
  • Christopher Luxon: A Man of “Faith” and “Compassion” Speaks on the Treaty Pr...

    Synopsis: Today - we explore two different realities. One where National lost. And another - which is the one we are living with here. Note: the footnote on increased fees/taxes may be of interest to some readers.Article open.Subscribe nowIt’s an alternate timeline.Yesterday as news broke that the central North Island ...
    Mountain TuiBy Mountain Tui
    3 days ago
  • Member’s Day

    Today is a Member's Day. First up is the third reading of Dan Bidois' Fair Trading (Gift Card Expiry) Amendment Bill, which will be followed by the committee stage of Deborah Russell's Family Proceedings (Dissolution for Family Violence) Amendment Bill. This will be followed by the second readings of Katie ...
    No Right TurnBy Idiot/Savant
    3 days ago
  • Northern Expressway Boondoggle

    Transport Minister Simeon Brown has been soaring high with his hubris of getting on and building motorways but some uncomfortable realities are starting to creep in. Back in July he announced that the government was pushing on with a Northland Expressway using an “accelerated delivery strategy” The Coalition Government is ...
    Greater AucklandBy Matt L
    3 days ago
  • Never Enough

    However much I'm falling downNever enoughHowever much I'm falling outNever, never enough!Whatever smile I smile the mostNever enoughHowever I smile I smile the mostSongwriters: Robert James Smith / Simon Gallup / Boris Williams / Porl ThompsonToday in Nick’s Kōrero:A death in the Emergency Department at Rotorua Hospital.A sad homecoming and ...
    Nick’s KōreroBy Nick Rockel
    3 days ago
  • Question Two of The Kākā Project of 2026 for 2050 (TKP 26/50)

    Kia ora.Last month I proposed restarting The Kākā Project work done before the 2023 election as The Kākā Project of 2026 for 2050 (TKP 26/50), aiming to be up and running before the 2025 Local Government elections, and then in a finalised form by the 2026 General Elections.A couple of ...
    The KakaBy Bernard Hickey
    3 days ago
  • Why is God Obsessed with Spanking?

    Hi,If you’ve read Webworm for a while, you’ll be aware that I’ve spent a lot of time writing about horrific, corrupt megachurches and the shitty men who lead them.And in all of this writing, I think some people have this idea that I hate Christians or Christianity. As I explain ...
    David FarrierBy David Farrier
    3 days ago
  • Inside the public service

    In 2023, there were 63,117 full-time public servants earning, on average, $97,200 a year each. All up, that is a cost to the Government of $6.1 billion a year. It’s little wonder, then, that the public service has become a political whipping boy castigated by the Prime Minister and members ...
    PolitikBy Richard Harman
    3 days ago
  • New Models Show Stronger Atlantic Hurricanes, and More of Them

    This is a re-post from This is Not Cool Here’s an example of some of the best kind of climate reporting, especially in that it relates to impacts that will directly affect the audience. WFLA in Tampa conducted a study in collaboration with the Department of Energy, analyzing trends in ...
    Skeptical Science
    4 days ago
  • Where ever do they find these people?

    A riddle wrapped in a mystery inside an enigma, is how Winston Churchill described the Soviet Union in 1939.  How might the great man have described the 2024 government of New Zealand, do we think? I can't imagine he would have thought them all that mysterious or enigmatic. I think ...
    More Than A FeildingBy David Slack
    4 days ago
  • Motorway madness

    How mad is National's obsession with roads? One of their pet projects - a truck highway to Whangārei - is going to eat 10% of our total infrastructure budget for the next 25 years: Official advice from the Infrastructure Commission shows the government could be set to spend 10 ...
    No Right TurnBy Idiot/Savant
    4 days ago
  • Our transport planning system is fundamentally broken

    Ever since Wayne Brown became mayor (nearly two years ago now) he’s been wanting to progress an “integrated transport plan” with the government – which sounded a lot like the previous Auckland Transport Alignment Project (ATAP) with just a different name. It seems like a fair bit of work progressed ...
    Greater AucklandBy Matt L
    4 days ago
  • Thou Shalt Not Steal

    And they taught usWhoa-oh, black woman, thou shalt not stealI said, hey, yeah, black man, thou shalt not stealWe're gonna civilise your black barbaric livesAnd we teach you how to kneelBut your history couldn't hide the genocideThe hypocrisy to us was realFor your Jesus said you're supposed to giveThe oppressed ...
    Nick’s KōreroBy Nick Rockel
    4 days ago
  • How mismanagement, not wind and solar energy, causes blackouts

    This is a re-post from Yale Climate Connections In February 2021, several severe storms swept across the United States, culminating with one that the Weather Channel unofficially named Winter Storm Uri. In Texas, Uri knocked out power to over 4.5 million homes and 10 million people. Hundreds of Texans died as a ...
    Skeptical Science
    4 days ago
  • The ‘Infra Boys’ Highway to Budget Hell

    Chris Bishop has enthusiastically dubbed himself and Simeon Brown “the Infra Boys”, but they need to take note of the sums around their roading dreams. Photo: Lynn GrievesonMōrena. Long stories short, here’s my top six things to note in Aotearoa’s political economy around housing, climate and poverty on Tuesday, September ...
    The KakaBy Bernard Hickey
    4 days ago
  • Media Link: “AVFA” on the politics of desperation.

    In this podcast Selwyn Manning and I talk about what appears to be a particular type of end-game in the long transition to systemic realignment in international affairs, in which the move to a new multipolar order with different characteristics … Continue reading → ...
    KiwipoliticoBy Pablo
    5 days ago
  • The cost of flying blind

    Just over two years ago, when worries about immediate mass-death from covid had waned, and people started to talk about covid becoming "endemic", I asked various government agencies what work they'd done on the costs of that - and particularly, on the cost of Long Covid. The answer was that ...
    No Right TurnBy Idiot/Savant
    5 days ago
  • Seymour vs The Clergy

    For paid subscribers“Aotearoa is not as malleable as they think,” Lynette wrote last week on Homage to Simeon Brown:In my heart/mind, that phrase ricocheted over the next days, translating out to “We are not so malleable.”It gave me comfort. I always felt that we were given an advantage in New ...
    Mountain TuiBy Mountain Tui
    5 days ago
  • Unstoppable Minister McKee

    All smiles, I know what it takes to fool this townI'll do it 'til the sun goes downAnd all through the nighttimeOh, yeahOh, yeah, I'll tell you what you wanna hearLeave my sunglasses on while I shed a tearIt's never the right timeYeah, yeahSong by SiaLast night there was a ...
    Nick’s KōreroBy Nick Rockel
    5 days ago
  • Could outdoor dining revitalise Queen Street?

    This is a guest post by Ben van Bruggen of The Urban Room,.An earlier version of this post appeared on LinkedIn. All images are by Ben. Have you noticed that there’s almost nowhere on Queen Street that invites you to stop, sit outside and enjoy a coffee, let alone ...
    Greater AucklandBy Guest Post
    5 days ago
  • Hipkins challenges long-held Labour view Government must stay below 30% of GDP

    Hipkins says when considering tax settings and the size of government, the big question mark is over what happens with the balance between the size of the working-age population and the growing number of Kiwis over the age of 65. Photo: Lynn Grieveson / The KākāMōrena. Long stories short; here’s ...
    The KakaBy Bernard Hickey
    5 days ago
  • Your invite to Webworm Chat (a bit like Reddit)

    Hi,One of the things I love the most about Webworm is, well, you. The community that’s gathered around this lil’ newsletter isn’t something I ever expected when I started writing it four years ago — now the comments section is one of my favourite places on the internet. The comments ...
    David FarrierBy David Farrier
    5 days ago
  • Seymour’s Treaty bill making Nats nervous

    A delay in reappointing a top civil servant may indicate a growing nervousness within the National Party about the potential consequences of David Seymour’s Treaty Principles Bill. Dave Samuels is waiting for reappointment as the Chief Executive of Te Puni Kokiri, but POLITIK understands that what should have been a ...
    PolitikBy Richard Harman
    5 days ago
  • 2024 SkS Weekly Climate Change & Global Warming News Roundup #36

    A listing of 34 news and opinion articles we found interesting and shared on social media during the past week: Sun, September 1, 2024 thru Sat, September 7, 2024. Story of the week Our Story of the Week is about how peopele are not born stupid but can be fooled ...
    Skeptical Science
    6 days ago
  • Time for a Change

    You act as thoughYou are a blind manWho's crying, crying 'boutAll the virgins that are dyingIn your habitual dreams, you knowSeems you need more sleepBut like a parrot in a flaming treeI know it's pretty hard to seeI'm beginning to wonderIf it's time for a changeSong: Phil JuddThe next line ...
    Nick’s KōreroBy Nick Rockel
    6 days ago
  • Security Politics in Peripheral Democracies: Excerpt Six.

    The “double shocks” in post Cold War international affairs. The end of the Cold War fundamentally altered the global geostrategic context. In particular, the end of the nuclear “balance of terror” between the USA and USSR, coupled with the relaxation … Continue reading → ...
    KiwipoliticoBy Pablo
    6 days ago
  • Buried deep

    Here's a bike on Manchester St, Feilding. I took this photo on Friday night after a very nice dinner at the very nice Vietnamese restaurant, Saigon, on Manchester Street.I thought to myself, Manchester Street? Bicycle? This could be the very spot.To recap from an earlier edition: on a February night ...
    More Than A FeildingBy David Slack
    6 days ago
  • Security Politics in Peripheral Democracies, Excerpt Five.

    Military politics as a distinct “partial regime.” Notwithstanding their peripheral status, national defense offers the raison d’être of the combat function, which their relative vulnerability makes apparent, so military forces in small peripheral democracies must be very conscious of events … Continue reading → ...
    KiwipoliticoBy Pablo
    1 week ago
  • Leadership for Dummies

    If you’re going somewhere, do you maybe take a bit of an interest in the place? Read up a bit on the history, current events, places to see - that sort of thing? Presumably, if you’re taking a trip somewhere, it’s for a reason. But what if you’re going somewhere ...
    Nick’s KōreroBy Nick Rockel
    1 week ago
  • Home again

    Hello! Here comes the Saturday edition of More Than A Feilding, catching you up on anything you may have missed. Share Read more ...
    More Than A FeildingBy David Slack
    1 week ago
  • Dead even tie for hottest August ever

    Long stories short, here’s the top six news items of note in climate news for Aotearoa-NZ this week, and a discussion above between Bernard Hickey and The Kākā’s climate correspondent Cathrine Dyer:The month of August was 1.49˚C warmer than pre-industrial levels, tying with 2023 for the warmest August ever, according ...
    The KakaBy Bernard Hickey
    1 week ago
  • The Hoon around the week to Sept 7

    The podcast above of the weekly ‘Hoon’ webinar for paying subscribers on Thursday night features co-hosts and talking about the week’s news with:The Kākā’s climate correspondent on the latest climate science on rising temperatures and the debate about how to responde to climate disinformation; and special guest ...
    The KakaBy Bernard Hickey
    1 week ago
  • Have We an Infrastructure Deficit?

    An Infrastructure New Zealand report says we are keeping up with infrastructure better than we might have thought from the grumbling. But the challenge of providing for the future remains.I was astonished to learn that the quantity of our infrastructure has been keeping up with economic growth. Your paper almost ...
    PunditBy Brian Easton
    1 week ago
  • Councils reject racism

    Last month, National passed a racist law requiring local councils to remove their Māori wards, or hold a referendum on them at the 2025 local body election. The final councils voted today, and the verdict is in: an overwhelming rejection. Only two councils out of 45 supported National's racist agenda ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Homage to Simeon Brown

    Open to all - happy weekend ahead, friends.Today I just want to be petty. It’s the way I imagine this chap is -Not only as a political persona. But his real-deal inner personality, in all its glory - appears to be pure pettiness & populist driven.Sometimes I wonder if Simeon ...
    Mountain TuiBy Mountain Tui
    1 week ago
  • Government of deceit

    When National cut health spending and imposed a commissioner on Te Whatu Ora, they claimed that it was necessary because the organisation was bloated and inefficient, with "14 layers of management between the CEO and the patient". But it turns out they were simply lying: Health Minister Shane Reti’s ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • The professionals actually think and act like our Government has no fiscal crisis at all

    Treasury staff at work: The demand for a new 12-year Government bond was so strong, Treasury decided to double the amount of bonds it sold. Photo: Lynn GrievesonMōrena. Long stories short; here’s my top six things to note in Aotearoa’s political economy around housing, climate and poverty on Friday, September ...
    The KakaBy Bernard Hickey
    1 week ago
  • Weekly Roundup 6-September-2024

    Welcome to another Friday and another roundup of stories that caught our eye this week. As always, this and every post is brought to you by the Greater Auckland crew. If you like our work and you’d like to see more of it, we invite you to join our regular ...
    Greater AucklandBy Greater Auckland
    1 week ago
  • Security Politics in Peripheral Democracies; Excerpt Four.

    Internal versus external security. Regardless of who rules, large countries can afford to separate external and internal security functions (even if internal control functions predominate under authoritarian regimes). In fact, given the logic of power concentration and institutional centralization of … Continue reading → ...
    KiwipoliticoBy Pablo
    1 week ago
  • A Hole In The River

    There's a hole in the river where her memory liesFrom the land of the living to the air and skyShe was coming to see him, but something changed her mindDrove her down to the riverThere is no returnSongwriters: Neil Finn/Eddie RaynerThe king is dead; long live the queen!Yesterday was a ...
    Nick’s KōreroBy Nick Rockel
    1 week ago
  • Bright Blue His Jacket Ain’t But I Love This Fellow: A Review and Analysis of The Rings of Power E...

    My conclusion last week was that The Rings of Power season two represented a major improvement in the series. The writing’s just so much better, and honestly, its major problems are less the result of the current episodes and more creatures arising from season one plot-holes. I found episode three ...
    A Phuulish FellowBy strda221
    1 week ago
  • Who should we thank for the defeat of the Nazis

    As a child in the 1950s, I thought the British had won the Second World War because that’s what all our comics said. Later on, the films and comics told me that the Americans won the war. In my late teens, I found out that the Soviet Union ...
    Open ParachuteBy Ken
    1 week ago
  • Skeptical Science New Research for Week #36 2024

    Open access notables Diurnal Temperature Range Trends Differ Below and Above the Melting Point, Pithan & Schatt, Geophysical Research Letters: The globally averaged diurnal temperature range (DTR) has shrunk since the mid-20th century, and climate models project further shrinking. Observations indicate a slowdown or reversal of this trend in recent decades. ...
    Skeptical Science
    1 week ago
  • Join us for the weekly Hoon on YouTube Live at 5pm

    Photo by Jenny Bess on UnsplashCome and join us for our weekly ‘Hoon’ webinar with paying subscribers to The Kākā for an hour at 5 pm.Jump on this link on YouTube Livestream for our chat about the week’s news with special guests:5.00 pm - 5.10 pm - Bernard and ...
    The KakaBy Bernard Hickey
    1 week ago
  • Media Link: Discussing the NZSIS Security Threat Report.

    I was interviewed by Mike Hosking at NewstalkZB and a few other media outlets about the NZSIS Security Threat Report released recently. I have long advocated for more transparency, accountability and oversight of the NZ Intelligence Community, and although the … Continue reading → ...
    KiwipoliticoBy Pablo
    1 week ago
  • How do I make this better for people who drive Ford Rangers?

    Home, home again to a long warm embrace. Plenty of reasons to be glad to be back.But also, reasons for dejection.You, yes you, Simeon Brown, you odious little oik, you bible thumping petrol-pandering ratfucker weasel. You would be Reason Number One. Well, maybe first among equals with Seymour and Of-Seymour ...
    More Than A FeildingBy David Slack
    1 week ago

  • Reo Māori the ‘beating heart’ of Aotearoa New Zealand

    From private business to the Paris Olympics, reo Māori is growing with the success of New Zealanders, says Minister for Māori Development Tama Potaka. “I’m joining New Zealanders across the country in celebrating this year’s Te Wiki o te Reo Māori – Māori Language Week, which has a big range ...
    BeehiveBy beehive.govt.nz
    3 hours ago
  • Need and value at forefront of public service delivery

    New Cabinet policy directives will ensure public agencies prioritise public services on the basis of need and award Government contracts on the basis of public value, Minister for the Public Service Nicola Willis says. “Cabinet Office has today issued a circular to central government organisations setting out the Government’s expectations ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Minister to attend Police Ministers Council Meeting

    Police Minister Mark Mitchell will join with Australian Police Ministers and Commissioners at the Police Ministers Council meeting (PMC) today in Melbourne. “The council is an opportunity to come together to discuss a range of issues, gain valuable insights on areas of common interest, and different approaches towards law enforcement ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • New Bill to crack down on youth vaping

    The coalition Government has introduced legislation to tackle youth vaping, Associate Health Minister Casey Costello announced today. “The Smokefree Environments and Regulated Products Amendment Bill (No 2) is aimed at preventing youth vaping.  “While vaping has contributed to a significant fall in our smoking rates, the rise in youth vaping ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Interest in agricultural and horticultural products regulatory review welcomed

    Regulation Minister David Seymour, Environment Minister Penny Simmonds, and Food Safety Minister Andrew Hoggard have welcomed interest in the agricultural and horticultural products regulatory review. The review by the Ministry for Regulation is looking at how to speed up the process to get farmers and growers access to the safe, ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Bill to allow online charity lotteries passes first reading

    Minister of Internal Affairs Brooke van Velden says the Government is moving at pace to ensure lotteries for charitable purposes are allowed to operate online permanently. Charities fundraising online, such as those run by the Heart Foundation, Coastguard NZ, Auckland Rescue Helicopter Trust and local hospices will continue to do ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Tax exempt threshold changes to benefit startups

    Technology companies are among the startups which will benefit from increases to current thresholds of exempt employee share schemes, Science, Innovation and Technology Minister Judith Collins and Revenue Minister Simon Watts say. Tax exempt thresholds for the schemes are increasing as part of the Taxation (Annual Rates for 2024-25, Emergency ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Getting the healthcare you need, when you need it

    The path to faster cancer treatment, an increase in immunisation rates, shorter stays in emergency departments and quick assessment and treatments when you are sick has been laid out today. Health Minister Dr Shane Reti has revealed details of how the ambitious health targets the Government has set will be ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Targeted supports to accelerate reading

    The coalition Government is delivering targeted and structured literacy supports to accelerate learning for struggling readers. From Term 1 2025, $33 million of funding for Reading Recovery and Early Literacy Support will be reprioritised to interventions which align with structured approaches to teaching. “Structured literacy will change the way children ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Survivors invited to Abuse in Care national apology

    With two months until the national apology to survivors of abuse in care, expressions of interest have opened for survivors wanting to attend. “The Prime Minister will deliver a national apology on Tuesday 12 November in Parliament. It will be a very significant day for survivors, their families, whānau and ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Rangatahi inspire at Ngā Manu Kōrero final

    Ehara taku toa i te toa takitahi, engari he toa takitini kē - My success is not mine alone but is the from the strength of the many. Aotearoa New Zealand’s top young speakers are an inspiration for all New Zealanders to learn more about the depth and beauty conveyed ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Driving structured literacy in schools

    The coalition Government is driving confidence in reading and writing in the first years of schooling. “From the first time children step into the classroom, we’re equipping them and teachers with the tools they need to be brilliant in literacy. “From 1 October, schools and kura with Years 0-3 will receive ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Labour’s misleading information is disappointing

    Labour’s misinformation about firearms law is dangerous and disappointing, Associate Justice Minister Nicole McKee says.   “Labour and Ginny Andersen have repeatedly said over the past few days that the previous Labour Government completely banned semi-automatic firearms in 2019 and that the Coalition Government is planning to ‘reintroduce’ them.   ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Govt takes action on mpox response, widens access to vaccine

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    BeehiveBy beehive.govt.nz
    3 days ago
  • Next steps agreed for Treaty Principles Bill

    Associate Justice Minister David Seymour says Cabinet has agreed to the next steps for the Treaty Principles Bill. “The Treaty Principles Bill provides an opportunity for Parliament, rather than the courts, to define the principles of the Treaty, including establishing that every person is equal before the law,” says Mr Seymour. “Parliament ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Government unlocking potential of AI

    Science, Innovation and Technology Minister Judith Collins today announced a programme to drive Artificial Intelligence (AI) uptake among New Zealand businesses. “The AI Activator will unlock the potential of AI for New Zealand businesses through a range of support, including access to AI research experts, technical assistance, AI tools and resources, ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Government releases Wairoa flood review findings

    The independent rapid review into the Wairoa flooding event on 26 June 2024 has been released, Environment Minister Penny Simmonds, Local Government Minister Simeon Brown and Emergency Management and Recovery Minister Mark Mitchell announced today. “We welcome the review’s findings and recommendations to strengthen Wairoa's resilience against future events,” Ms ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Promoting faster payment times for government

    The Government is sending a clear message to central government agencies that they must prioritise paying invoices in a timely manner, Small Business and Manufacturing Minister Andrew Bayly says. Data released today promotes transparency by publishing the payment times of each central government agency. This data will be published quarterly ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Acknowledgement to Kīngi Tuheitia speech

    E te māngai o te Whare Pāremata, kua riro māku te whakaputa i te waka ki waho moana. E te Pirimia tēnā koe.Mr Speaker, it is my privilege to take this adjournment kōrero forward.  Prime Minister – thank you for your leadership. Taupiri te maunga Waikato te awa Te Wherowhero ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Interim fix to GST adjustment rules to support businesses

    Inland Revenue can begin processing GST returns for businesses affected by a historic legislative drafting error, Revenue Minister Simon Watts says. “Inland Revenue has become aware of a legislative drafting error in the GST adjustment rules after changes were made in 2023 which were meant to simplify the process. This ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Strong uptake for cervical screening self-test

    More than 80 per cent of New Zealand women being tested have opted for a world-leading self-test for cervical screening since it became available a year ago. Minister of Health Dr Shane Reti and Associate Minister Casey Costello, in her responsibility for Women’s Health, say it’s fantastic to have such ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Ministry for Regulation’s first Strategic Intentions document sets ambitious direction

    Regulation Minister David Seymour welcomes the Ministry for Regulation’s first Strategic Intentions document, which sets out how the Ministry will carry out its work and deliver on its purpose. “I have set up the Ministry for Regulation with three tasks. One, to cut existing red tape with sector reviews. Two, ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Māori Education Advisory Group established

    The Education Minister has established a Māori Education Ministerial Advisory Group made up of experienced practitioners to help improve outcomes for Māori learners. “This group will provide independent advice on all matters related to Māori education in both English medium and Māori medium settings. It will focus on the most impactful ways we can lift ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Government welcomes findings of NZ Superannuation Fund review

    The Government has welcomed the findings of the recent statutory review into the Guardians of New Zealand Superannuation and the New Zealand Superannuation Fund, Minister of Finance Nicola Willis says. The 5-yearly review, conducted on behalf of Treasury and tabled in Parliament today, found the Guardians of New Zealand Superannuation ...
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