web analytics

The Magic Market

Written By: - Date published: 10:22 am, June 20th, 2011 - 64 comments
Categories: capitalism, jobs, wages - Tags:

The Magic market should be left alone, it will self correct the Nact’s say.

Look at what Nature does when it’s left alone, It tries to revert back to what it was before, it regenerates, yes we cut all the trees down, burnt, sprayed, killed anything that got in our way and instead of trying to live with nature we are still fighting it.

The market though, doesn’t regenerate back to what it was when left alone, the market is about making money and this is all Key and his mates care about really. At the moment Key and English are waiting for the Magical Market correction/regeneration and yes it may in time correct, but we could all be selling our asses by then.

But don’t worry, Key also believes if we make the “right choices”, we can all be rich, it won’t matter what things cost once where all rich, the magic Free market will provide everything of-course.

So now we are all rich, then I guess we will all be equal. Socialists now, go figure.

I can hear the conversation between Key & English

Blinglish:

“Your turn to clean the toilets today Johnny!”

Johnny:

“Piss off get someone else to do it.”

Blinglish:

“But Johnny now we’re all rich there is no-one else.”

– MrSmith

64 comments on “The Magic Market”

  1. ianmac 1

    Too true. It is like what would happen once every passenger was eligible for membership to the Koru Lounge?

  2. Key also believes if we make the “right choices”, we can all be rich,

    …and therein lies the problem. Some of us don’t want to be rich and the assumption is, if one doesn’t want to be rich then there’s something wrong with us, as though we are infected with an incurable disease called ‘socialism’…whatever that is ?

    • Gosman 2.1

      Ummmmm….

      Where in free market capitalist philosophy does it explicitly, or even implicitly, state that there is something wrong with you if you don’t want to be rich?

      • Colonial Viper 2.1.1

        In fact the capitalist system relies on poor wage serfs in order to maximise return on investment to the capitalist wealth holding classes.

        So far from looking down on people who don’t want to be rich, neoliberalism loves them as an expendable resource.

        • Rusty Shackleford 2.1.1.1

          CV, when you can explain how warfare and inflation are good for poor people, you can harp on about serfs.

          • Puddleglum 2.1.1.1.1

            Oh, that reminds me. Rusty, I started to read the first of the links you offered up yesterday.

            I liked the bits about broken windows, not seeing all the consequences for all groups and failure to consider long-term consequences. It strikes me that capitalism is basically the young boy wandering around smashing windows. Economists (including the Austrians) are those who don’t see all the consequences for all ‘groups’ or the long-term consequences (this might surprise you – let me explain).

            Modern economies arise out of the destruction (‘window breaking’) of pre-existing wealth – usually in either or both of (a) the physical environment and natural ecosystems, or (b) human social systems and individual psychological systems. [A new economic principle comes to mind – ‘Wealth can neither be created nor destroyed; only converted from one form to another.’ I like to think that this is what Schumpeter meant by ‘creative destruction’ – but I know it wasn’t.]

            These functioning systems are destroyed so that their bits can be re-ordered in a way that produces what is normally considered (by economists) to be ‘wealth’ and ‘prosperity’. Really, though, it’s just like breaking something that provides you with some ‘good’ and then thinking that artificially re-creating it somehow improves your ‘wealth’ and ‘prosperity’ (i.e., broken window fallacy).

            Then, economists (including Austrians) come along to explain it all to us but, wouldn’t you know it(?), fail to realise that this ‘re-ordering’ of physical, natural, social and psychological systems has harmful consequences for other ‘groups’ (e.g., some non-human species) and harmful long-term consequences for us all (social and psychological dysfunction). There’s no such thing as a free lunch, as they say, and that includes the modern, global economy in toto.

            So, in conclusion, these Austrians were on to something but failed to extend their logic to its obvious conclusion and apply it to systems that far exceed these small subsets we call human economic systems. That’s a pity, because I know they prided themselves on being extremely logical and applying logic where others feared to tread. 

            Pity really – hoist on their own petard.

            • Rusty Shackleford 2.1.1.1.1.1

              ‘Wealth can neither be created nor destroyed; only converted from one form to another.’

              What did the soviets convert wealth from-to. Oh, I forgot. Fridges and automobiles come out of the ground fully formed.

              • McFlock

                From: nice bits of farmland and natural scenery, stir in some ingenuity;
                to: a strip mine, smelter, foundry, factory, strip mall, and prime time sitcoms.

                And money’s now made from oil (assuming it’s not one of the starch polymers). The more we use of it the more we give it to other people to put it into our tank. Go figure.

              • Pearls, meet swine (to paraphrase one of your previous comments on another thread).

                As McFlock neatly summarises and generalises, that the soviets could so cavalierly ignore the ‘wealth’ they were destroying demonstrates the point I was making – in that aside – very well.

                • McFlock

                  The soviets were as bad as the free market capitalists are – e.g. Somali fisheries stocks, Cambodian toxic waste disposal. The key is a happy medium, and I don’t mean in a Three Gorges flooding kind of way.

      • bbfloyd 2.1.2

        gosman…havn’t you been listening to key, english, bennett, brownlee, tolley etc lately? i would have thought you were hanging on to their every word.

        try being an apologist where it can do some good. on any talkback program you care to choose.

      • The Voice of Reason 2.1.3

        It’s in Key’s words, gossy. He’s the head spruiker for capitalism round these parts and when he speaks, he takes it as a given that the ultimate goal of life is to be rich.

        • Gosman 2.1.3.1

          So he mentioned this in a recent speech perhaps? Or maybe it was in something a little older. I presume you have evidence that John Key stated something along those lines.

          • Rusty Shackleford 2.1.3.1.1

            Evidence? Don’t be daft. Gosman, you are a muppet. That is all the evidence I need (sarcasm).

            [lprent: Now that is perilously close to a pointless insult (saved by the sarcasm tag). Are you practicing? You really aren’t that good at it. 😈 ]

          • The Voice of Reason 2.1.3.1.2

            Every speech where he ever used the word aspirational, Gosman.

      • pollywog 2.1.4

        Hmmm…Free market capitalist philosophy, is that kinda like social darwinism ?

        GET RICH OR DIE TRYIN’

        Eh fuck it..I’m gonna assume so. You do know what an asssumption is eh Gosman ?

        • Gosman 2.1.4.1

          Yes an assumption is the mother of all f@ck ups.

          If you want to base your beliefs on flawed assumptions that is your problem.

          • Colonial Viper 2.1.4.1.1

            Flawed assumptions are the only foundations of Chicago school neoliberal economics.

            • Gosman 2.1.4.1.1.1

              …not to mention Socialist economics as well.

              See there is some commonality between the two positions 😉

              • pollywog

                Yes an assumption is the mother of all f@ck ups.

                If you want to base your beliefs on flawed assumptions that is your problem.

                oh you mean like English assuming treasury predictions of 170 000 jobs created and 4 % growth is on the money ?

              • Draco T Bastard

                You’re actually not wrong. Capitalism is a failure (results in massive poverty and stagnation) and socialism came about as a means to support that failure.

                • Gosman

                  “Capitalism is a failure (results in massive poverty and stagnation).”

                  – You mean like what happened under Zimbabwe and Cuba following Socialist inspired policies?

                  Considering modern free market capitalism is approximately 200 years old, would you care to highlight where about the massive poverty and stagnation has occured in that time and how other nations/cultures have fared better following non-free market capitalist policies?

                  • Draco T Bastard

                    NZ, Increasing poverty and stagnation (reliance on agriculture rather than branching out in high tech sectors) since the 1980s
                    UK, Same, also notable fora similar effect in the 19th century when they first went “free-market”
                    US, Same

                    The stagnation is due to laws that try and prevent competition especially modern IP laws. The poverty, which we’ve been seeing in greater and lesser amounts over time, is due to wealth being channelled to the few due to them finding ways to take ownership of the communities assets through control of the laws.

                    Basic history really. The facts always get in the way of capitalist memes.

                  • MrSmith

                    Gosman you said “Considering modern free market capitalism is approximately 200 years old”
                     
                    The problem with this statement Gosman is there’s no such thing as Free market capitalism, it’s just a myth or an ideology and has failed in what it set out to achieve, your rubbishing every thing else doesn’t serve your argument, as its always possible to find a worse example of just about anything you can name, Capitalism was a good idea, they just forgot that Humans beings are Devious, Greedy, & Corrupt, so it was bound to fail.

                    • The Baron

                      you’re kinda off message there, Smith. Socialism as commonly understood requires people who aren’t greedy and selfish in order to make it work – how else could you handle having all of your output reappropriated according to where the state sees need? This is why socialist models keep breaking down – because people need incentives because people are greedy and selfish. socialist theory relies on a belief (hope?) that once the revolution has occurred, everyone will drop the selfish act. In the words of the ever arrogant Draco, if you believe in that, you’re delusional.
                      Capitalism doesn’t require a rebellion in innate human nature to work. You can lament this greed and selfishness as much as you want, but it isn’t capitalism that created it; and magically declaring socialism won’t change it.

                    • RedLogix

                      This is why socialist models keep breaking down – because people need incentives because people are greedy and selfish.

                      Ever thought that it might be the other way around?

                      Personally I do NOT believe that humans are innately feckless, lazy and greedy. I reject that totally. But in the WRONG conditions we do act in those ways.

                      Because it is my observation that humans are only really happy when they are in groups that are reasonably egaliatarian, respects individuals and shares everything generously. In those circumstances there really isn’t anything worth fighting about, and everyone has their needs met. Life is good. (If you think this pollyannaish… think about how close we aproximate this for a few weeks a year on the classic kiwi camping holiday.)

                      It is the combined forces of the moneylenders and the priests who tell us we are lazy, greedy, sinful… and our only redemption is work and suffering. They tell us we must not share, to hold the fallen in contempt, they freeze our hearts with materialistic desires…while they reap for themselves the choicest fruits of our efforts.

                      It is this form of controlling, exploitative capitalism that makes us miserable, and prompts some of us to behave in greedy selfish ways.

                  • Macro

                    You really need to bone up on your history Gosman Cuba and Zimbabwe are completely different circumstances.
                    The poverty imposed on Cuba is a direct result of embargos introduced by its nearest neighbour USA. On a number of societal and equality measures, Cuba compares very well. It has already adapted to impending Peak Oil well before Western Nations – which are only now experiencing the beginnings of the impending implosion of their economies. Western nations are relentlessly pouring more Capital into a continually declining economic system (an economy which has been driven in the past by unrealistic prices of oil). We are now in the realm of decreasing returns from capital. That Gos is what the other commentators are telling you – The Capitalist system has failed – it has run its course riding on the back of cheap oil, and now we have come up against escalating Oil Prices and economies awash with Capital and consumption drying up.
                    As for Zimbabwe – that is not so much the result of a failed economic system – but of a despotic leader.

                    • ropata

                      Zimbabwe: used to be the “bread basket of Africa”, now a high inflation, military dictatorship where state-sponsored goons force people out of their homes and steal their livelihoods,
                      USA: hmmmm…

  3. Jim Nald 3

    Prime Magician Key’s next ACT is to make our assets disappear ! Whoosh!

    • Gosman 3.1

      How are these assets supposedly meant to disappear?

      Will someone come in and physically remove them from the country?

      • Colonial Viper 3.1.1

        Will someone come in and physically remove them from the country?

        Yep. Gone from the Government balance sheet.

        The other thing which will be gone is the income stream they provide to all New Zealanders.

        We’re already a nation of renters, paying foreign landlords.

        • Jim Nald 3.1.1.1

          CV is being rational, discerning and intelligent.

          Gooseman doesn’t lay golden eggs – sell the goose!

          • Colonial Viper 3.1.1.1.1

            Awwwww shucks :mrgreen:

            • Rusty Shackleford 3.1.1.1.1.1

              Just because someone says something you agree with, doesn’t make that person discerning. Nor, by extension, does it make yourself.

              • The Voice of Reason

                When’s uni start back, Rusty? We’re going to miss you so very much.

                • Gosman

                  You know I think something similar for some of the drivel spouted by some of the left leaning contributors here but it would be more along the lines of primary or pre-school rather than University given the amount of intellectual effort put into some of the replies.

                  • McFlock

                    as opposed to the intellectual rigour of claiming that if tories are in university, “the left” are sooo immachua, like pre-school level, y’know?
                     
                    At least try to lead by example, Gos.

        • Gosman 3.1.1.2

          So the experience of privatisation around the world is that, if they are bought by foreign companies, the physical assets are removed from the country they were in and moved someplace else, is that what you are stating here?

          Care to highlight a few examples of this in a developed world economy?

          • Jim Nald 3.1.1.2.1

            John Key wanna sell our assets
            You kiss his ass
            We kick his ass

          • bbfloyd 3.1.1.2.2

            care to stop being such a numbnuts goss. ? taking a deliberately ridiculous position is more about your displaying your own intellectual imbalance than adding anything meaningful to discussions.

            • Tigger 3.1.1.2.2.1

              Well Gosman, we sold Air NZ and all the planes heading overseas…

              • Gosman

                Yes, never to be seen again…

                Well until it was brought back under Public ownership where upon they all magically came back.

  4. freedom 4

    After careful translation using ancient techniques known to Gorilla whisperers in the deepest Congo i have deciphered the Gosman scratchings that appeared earlier
    ‘My name is Gosman and i have a keyboard i can press keys and words show up and i can press buttons that have flashy lights and i get a banana or a apple.  The smiling man gives me hugs and makes me feel funny.
    When i close my eyes i can make bad things go away and when i put my fingers in my ears i don’t have to hear bad stories. But i can still make loud noises when i want to.’
    (Apologies to all animal trainers and their much loved friends )

    • Gosman 4.1

      Funnily enough I asked for evidence to back up, what I regard as, ridiculous statements. That would be the opposite of the picture you are painting here.

      If as, you seem to imply, there is a mountain of evidence backing this position up then just present it and be done with it, (and by extension me). Instead you waste your time creating a Straw man ad hominem attack on myself, as if that somehow wins the argument. Bizarre thinking on your part I must state.

      • freedom 4.1.1

        honestly, i am bored with the willing ignorance of supposedly intelligent people who refuse to admit that centuries of industrialisation and capitalist driven programmes have created an unstable and highly inequal Global economy
         
        if you need a thousand specific examples to have it proven to you then i despair at what complex machinations you face at the supermarket trying to believe claims of washing powder manufacturers

        • Rusty Shackleford 4.1.1.1

          Wtf. Most NZers have access to more fridges, televisions, books, cars, food, healthcare etc than monarchs before the industrial revolution. They also live longer. Life is unequivocally better now than before the IR.

          • Gosman 4.1.1.1.1

            Apparently not Rusty. We are now more unequal to when the vast majority of us lived in pig sh#t poverty. This is a bad thing if you bother to read the new Bible of the leftist intelligensia (sic) ‘The Spirit level’.

            Essentially although superficially better off we are in fact worse off and should all go back to living on communal farms, eating and growing our own organic food, and making our own clothes and other stuff.

            • freedom 4.1.1.1.1.1

              and perhaps if some of those involved with the development and application of Commercial Industrialisation had a bit more humanity, then although progress would have been slower it would still have occured and the vast harm that transpires daily would have been greatly diminished.

              Our forefathers knew what they were doing, they knew and you know it is wrong.  Greed, which is really forsaking the will to help others, is a lousy way to win.

            • Draco T Bastard 4.1.1.1.1.2

              Essentially although superficially better off we are in fact worse off and should all go back to living on communal farms, eating and growing our own organic food, and making our own clothes and other stuff.

              Ah yes, the false dichotomy of if we can’t have capitalism then we can’t have every modern thing. Total intellectual dishonesty but that’s what we expect from RWNJs.

              • The Baron

                But it your world, we would go to building all these modern things ourselves, right Draco? Everything from shoes to cars to MRI scanners – all because international trade is some massive bogeyman.
                So no, I guess in your view we don’t need to give up every modern thing – we just have to be forced to buy locally produced, and probably for the most part inferior, versions of modern goods. Oh, and pay far, far more for them due to he inherent inefficiencies of manufacturing for a market of 4 million as opposed to a market of the world. Oh, and let’s not forget the massive environmental degradation caused by on shoring this production too, and the building of all these specialized plants to build all of this.
                Now that is frankly insane.

          • Puddleglum 4.1.1.1.2

            Rusty, as I’ve said before, there’s no such thing as a free lunch – and that includes our modern economies. They come at a cost.

            One cost is that we have had to reorganise ourselves socially in order to ensure that industrial capitalism is possible. That reorganisation pulled apart (in fact, continued to pull apart) the evolved social systems for which our bodies and neurology were (and are) well adapted.

            We are now square pegs in the round holes of our new, modern social systems. Economists and ideological capitalists like to imagine that humans are infinitely adaptable and can fit quite comfortably, thank you, into any imaginable social arrangement. This is unlikely. Our current society – organised as it is around the imperatives of one form of capitalism – has measurable ill effects that stem from this mis-match.

            Adam Smith’s comparison of an English peasant and African chief (which mirrors your comment) shows the misunderstanding: The African chief had, in many ways – and contra Smith’s point in raising the analogy – far more of what humans need than did the peasant. (Despite the fact that the peasant had more manufactured goods in his modest dwelling.). There’s a trade-off. It’s not all progress.

  5. randal 5

    so what about the sub-prime market then?

  6. johnm 6

    The German Model works the U$ model ACTnat follows is a disaster. The Magic Market is self serving crap!

    “The intelligent way to think about capitalism is that it can be of two kinds. The good kind is patriotic and stakeholder oriented, the bad kind is selfish and shareholder obsessed.

    The U$ Disaster model:

    When those with power take actions purely to serve corporate financial interests even though it greatly harms employees, the middle class and the national economy then the bad kind of capitalism is being pursued. Think of the mass export of good jobs, especially in manufacturing, the preference for imported goods, and the investment of capital to build new manufacturing and research facilities in other countries. Maximizing financial returns to reward corporate bigwigs and stockholders even though the actions greatly harm the US economy and society results from US companies practicing bad, immoral capitalism. Think of this development as the conquest of Wall Street over Main Street, of those who make money over those who create and make products, of those who promote economic inequality over those who value the middle class.

    The German Model:

    The German economy makes the US one look like it is on its deathbed. The German tripartite system has business, labor and government working together. Faced with the same competition from low wage developing countries and the entire globalization condition, Germany has a booming manufacturing sector that constitutes almost twice the share of the economy than that in the US. And even in the current global economic recession German unemployment is 7 percent. The tripartite system has kept German labor unions strong and, therefore, protects the middle class whose pay has risen at roughly the same rate as top incomes. This is in stark contrast to the rich-getting-richer and union–busting situation in the US. Indeed, the top 1 percent in the US are seeing their proportion of total income rise dramatically, even as their German counterparts are seeing their share of total income shrink. German corporate boards are required by law to have an equal number of management and employee representatives. By law! ”

    Refer link: http://www.countercurrents.org/joel190611.htm

    • ropata 6.1

      The Randians still believe in magic beans, useful suckers to have around if you are trying to prop up an economy based on illusion.

    • RedLogix 6.2

      Yes, I like that a lot. For far too long the left has allowed the right to paint us as automatically anti-capitalist. Probably because everyone has been too loose with their terms.

      Or to paraphrase Churchhill when he was talking about democracy, ‘Capitalism is the worst possible system, except for all the others that have been tried’.

      The good kind of capitalism, as you describe nicely above, is good at innovation. In the modern world this has to be a desirable characteristic.

    • ropata 6.3

      “There are two novels that can transform a bookish 14-year-kid’s life: The Lord of the Rings and Atlas Shrugged. One is a childish daydream that can lead to an emotionally stunted, socially crippled adulthood in which large chunks of the day are spent inventing ways to make real life more like a fantasy novel. The other is a book about orcs.”
      – “The Value of Nothing” by Raj Pate (VIA)

  7. Samuel Hill 7

    My blog:

    [lprent: evidently you didn’t read my previous notes. I’ll leave a link in…
    http://www.blogger.com/profile/02412285364780817941
    And put you in auto moderation until your commenting behavior improves. ]

    • McFlock 7.1

      Get an editor and chop it in half. And run it by a graphic designer (if it doesn’t look quite right to me, it’s probably bloody awful.

      I’ve got no taste and even I am thinking the design is a bit much).
      And maybe a short synopsis in your ego-advertising comments here, basically a paragraph or two on what your point is and why it’s relevant to the topic at hand.

      • Colonial Viper 7.1.1

        Another tip would be to go to smaller chunks by leading a reader through the content you already have, perhaps with more narrative and more examples, but broken up over 3-4 separate blog posts.

        Then you’ve got enough material to release over a month or so.

      • lprent 7.1.2

        Writing a synopsis would probably stop my moderator side editing his comments as well. That was the third identical one..

  8. Frank Macskasy 8

    Heard on the radio today: John “Dear Leader” Key, in an interview from India, promising us that a Free Trade Agreement with that country would deliver higher wages to New Zealand.

    Que?

    Isn’t this the same promise you made to us in 2008, during the Election campaign?!

    Why, yes! It is!! http://www.johnkey.co.nz/archives/306-SPEECH-2008-A-Fresh-Start-for-New-Zealand.html

    But, but, but… Dear Leader! You’ve just finished telling the country that higher wages will result in 6,000 workers being made unemployed! http://www.stuff.co.nz/dominion-post/news/politics/5039220/Lifting-minimum-wage-would-cost-6000-jobs

    Have you been fibbing (again), Dear Leader?

Recent Comments

Recent Posts

  • Climate resilience packages for regions
    The Government is providing an investment totalling more than $100 million for regions to protect against and mitigate the effects of climate change, Deputy Prime Minister Winston Peters and Infrastructure Minister Shane Jones have announced. Six regions will receive funding from the $3 billion allocated to infrastructure projects from the ...
    BeehiveBy beehive.govt.nz
    13 hours ago
  • Southern Waikato shovel ready projects get the green light
    Three major local projects at Te Kuiti and Otorohanga have been given the money to get moving after the impact of Covid 19, says the Minister of Māori Development Hon Nanaia Mahuta.  The projects range from a Sports Centre for Te Kuiti, a redevelopment of the Otorohanga  Kiwi House and ...
    BeehiveBy beehive.govt.nz
    14 hours ago
  • New Zealand extends Middle East and Africa peace support deployments
    The Coalition Government has extended three New Zealand Defence Force deployments to the Middle East and Africa by two years, Foreign Affairs Minister Winston Peters and Defence Minister Ron Mark announced today.  “These deployments promote peace in the Middle East and Africa by protecting civilians and countering the spread of ...
    BeehiveBy beehive.govt.nz
    16 hours ago
  • Govt progress on climate change essential, risk assessment shows
    The release of the National Climate Change Risk Assessment shows that the progress this Government has made to solve the climate crisis is essential to creating cleaner and safer communities across New Zealand. “Because of this report, we can see clearer than ever that the action our Government is taking ...
    BeehiveBy beehive.govt.nz
    17 hours ago
  • $10m sport recovery fund open for applications
    The second round of the Community Resilience Fund is now open for applications for sport and recreation organisations experiencing financial hardship between 1 July and 30 September 2020. “The fund opens today for five weeks – closing on September 6. The amount awarded will be decided on a case-by-case basis ...
    BeehiveBy beehive.govt.nz
    19 hours ago
  • Rakitū Island declared latest predator free island
    Minister of Conservation Eugenie Sage today declared Rakitū Island, off the coast of Aotea/Great Barrier Island, predator free. “I’m delighted to announce that with rats now gone, Rakitū is officially predator free. This is a major milestone because Rakitū is the last DOC administered island in the Hauraki Gulf Marine ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Funding to restore significant Māori sites in the Far North
    The Provincial Growth Fund is investing $8.75 million to restore significant historic sites at Ōhaeawai in the Far North, upgrade marae and fund fencing and riparian planting. Regional Economic Development Minister Shane Jones made the announcements following a service at the historic St Michael’s Anglican Church at Ōhaeawai today.  Just ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Big boost for Chatham Islands’ economy
    The Chatham Islands will receive close to $40 million for projects that will improve its infrastructure, add to its attraction as a visitor destination, and create jobs through a planned aquaculture venture, Infrastructure Minister Shane Jones has announced. “The COVID-19 pandemic has had a devastating impact on the islands, first ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • More initiatives to reduce energy hardship
    The Government is delivering more initiatives to reduce energy hardship and to give small electricity consumers a voice, Energy and Resources Minister Megan Woods said today. “In addition to the initiatives we have already delivered to support New Zealand families, we are responding to the Electricity Price Review with further ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Turning the tide for hoiho/yellow-eyed penguin
    Government, iwi, NGOs and rehabilitation groups are working together to turn around the fortunes of the nationally endangered hoiho/yellow-eyed penguin following a series of terrible breeding seasons.  The Minister of Conservation Eugenie Sage helped launch the Five Year Action Plan at the annual Yellow-Eyed Penguin symposium in Dunedin today. “I ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Taskforce ready to tackle tourism challenges
    The membership of the Tourism Futures Taskforce has now been confirmed, Tourism Minister Kelvin Davis announced at an event at Whakarewarewa in Rotorua today. “The main purpose of the independent Tourism Futures Taskforce is to lead the thinking on the future of tourism in New Zealand,” Kelvin Davis said. Joining ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Investing in the tourism sector’s recovery
    More than $300 million in funding has been approved to protect strategic tourism businesses, drive domestic tourism through regional events and lift digital capability in the tourism industry, Tourism Minister Kelvin Davis announced today. A $400 million Tourism Recovery Package was announced at Budget 2020, and with today’s announcements is ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Permits to be required for exporting hard-to-recycle plastic waste
    From 2021 permits will be required for New Zealanders wanting to export hard-to-recycle plastic waste. The Associate Minister for the Environment, Eugenie Sage, today announced the requirements as part of New Zealand’s commitments to the Basel Convention, an international agreement of more than 180 countries which was amended in May ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Growth in new building consents shows demand is still high
    The building and construction sector is still showing strong growth, with the number of new dwellings consented up more than 8 per cent compared to last year, reflecting a welcome confidence in the Government’s COVID-19 response package, Minister for Building and Construction Jenny Salesa says. “While it is still too ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • $23 million for Bay of Plenty flood protection
    Government investment of $23 million for Bay of Plenty flood protection will allow local communities to address long-standing flood risks and provide jobs, Deputy Prime Minister Winston Peters and Under-Secretary for Regional Economic Development Fletcher Tabuteau announced in Rotorua today. These projects are being funded by the Infrastructure Reference Group’s (IRG) shovel ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Rotorua benefits from over $62 million boost
    Investment for projects that will create hundreds of jobs in Rotorua were announced today by Deputy Prime Minister Winston Peters and Under-Secretary for Regional Economic Development Fletcher Tabuteau. These projects will provide opportunities for economic development in a region that has been hard hit by COVID-19,” Winston Peters said. Fletcher ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Increased counselling support for all students
    For the first time, primary schools will have access to funding for counsellors for their students, Associate Education Minister Tracey Martin announced today. “A major investment of $75.8 million will provide greater access to guidance counsellors to help primary and secondary school students deal with mental health and wellbeing issues,” ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Report of the Government Inquiry into Operation Burnham released
    Defence Minister Ron Mark today welcomed the release of the Report of the Government Inquiry into Operation Burnham and related matters, and the Government response.  “I thank the Inquiry for their thorough and detailed report, on a highly complex issue. I accept the recommendations of the report, and fully support ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • 1BT funds create jobs and lasting benefits
    Forestry Minister Shane Jones has announced $6 million of One Billion Trees funding for seven regional initiatives to create jobs and provide long-lasting environmental and economic benefits. The projects range from improving one of the poorest-quality water catchments in Otago to restoring 52km of waterways around Hokianga Harbour. Six of the ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Kawerau projects to receive $5.5 million from Provincial Growth Fund
    Deputy Prime Minister Winston Peters today announced $5.5 million in funding from the Provincial Growth Fund (PGF) for two Kawerau projects and says this is a significant boost for the people of Kawerau. “These projects will bring much-needed investment and will create up to 60 jobs for locals,” Mr Peters ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • $5 million for Kaingaroa Village Redevelopment
    Kaingaroa Village in the Bay of Plenty is to get $5 million to help fund a comprehensive upgrade of its infrastructure, facilities and housing, Under-Secretary for Regional Economic Development Fletcher Tabuteau announced today. Mr Tabuteau travelled to the remote village to make the announcement, telling Kaingaroa residents how the funding ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • $18 Million Funding Boost for Bay of Plenty Business Park
    The Rangiuru Business Park project near Te Puke is getting $18 million from the Provincial Growth Fund (PGF), Under-Secretary for Regional Economic Development Fletcher Tabuteau announced today. “This is all about unlocking the potential of this region. When it’s finished, the Rangiuru Business Park will be the Bay of Plenty’s ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Town revitalisation and aquaculture investments create jobs in Ōpōtiki
    Deputy Prime Minister Winston Peters has today announced that a $26 million investment in Ōpōtiki will see important public amenities upgraded and further progress made on new aquaculture opportunities. “The people of Ōpōtiki have been waiting decades for real investment in key infrastructure, and support for the incredible aquaculture opportunities ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Minister congratulates the Cook Islands community for its 9th year of Language Weeks
    The Minister for Pacific Peoples, Aupito William Sio wishes to congratulate the Cook Islands community throughout Aotearoa for the 9th year of Te ‘Epetoma o Te Reo Māori Kūki ‘Āirani, the Cook Islands Language Week.  “This is a proud milestone that reflects on the huge effort made by the Cook ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Construction underway on longest section of Glen Innes to Tāmaki Drive Shared Path
    Aucklanders in the Eastern Suburbs will soon have more ways to get around, with Transport Minister Phil Twyford and Associate Transport Minister Julie Anne Genter kicking off construction on Section 2 of Te Ara Ki Uta Ki Tai, the Glen Innes to Tāmaki Drive Shared Path today. The Glen Innes ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • 350,000 More Measles Vaccines for Massive Immunisation Campaign
    The Government is stepping up the fight against measles and protecting hundreds of thousands more young adults by investing up to $40 million for a year-long measles-catch-up campaign and $23 million to fully fund and develop the National Immunisation Solution, Associate Minister of Health Julie Anne Genter announced at Mangere ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Operation Burnham report released
    Attorney-General David Parker has today released the findings of the Government inquiry held into Operation Burnham and related events. The operation took place on 21-22 August 2010 in Tirgiran Valley, Afghanistan, and was carried out by NZSAS troops and other nations’ forces operating as part of the International Security Assistance ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Locally-led solutions at centre of new community resilience fund
    From tomorrow, community groups around New Zealand can apply to a $36 million fund established to encourage locally-led solutions as communities rebuild and recover from COVID-19, announced Minister for Social Development Carmel Sepuloni and Minister for Community and Voluntary Sector Poto Williams. “The Community Capability and Resilience Fund (CCRF) builds ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Securing healthy futures for all Māori
    The Government has committed to improving Māori health and wellbeing over the next five years. The Associate Minister of Health (Māori Health) today released Whakamaua: Māori Health Action Plan 2020-2025 which sets the pathway towards achieving healthy futures for all Māori. “As kaitiaki of the system, the Ministry of Health ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • New standards for existing marine farms provide consistency
    New environmental standards will make the re-consenting of existing marine farms more consistent across the country.  The new regulations for the National Environmental Standards for Marine Aquaculture (NES-MA) will come into effect on 1 December, Environment Minister David Parker and Fisheries Minister Stuart Nash said.   “The NES-MA removes complexities and ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Government signs Accord reinvigorating commitment to Far North iwi
    Today marks a milestone as the Minister for Social Development Carmel Sepuloni and Minister for Māori Development Nanaia Mahuta co-sign an Addendum – with the Iwi Chairs of Te Rarawa, Ngāi Takoto and Te Aupōuri – to the Te Hiku o Te Ika Iwi-Crown Social Development and Wellbeing Accord (the ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Veterans Support Amendment Bill No 2 passes third reading
    The Veterans’ Support Amendment Bill (No 2) passed its third reading today and will become law, announced Minister for Veterans Ron Mark.  This amends the Veterans’ Support Act 2014 in response to recommendations from the 2018 review of the operation of the Act by Professor Ron Paterson.  “Veterans have been ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Racing Safety Development Fund open for applications
    Minister for Racing Winston Peters says race courses can improve safety with this year’s first round of funding from the Racing Safety Development Fund. The Racing Safety Development Fund makes available $990,000 for distribution over two funding rounds for the 2020/21 financial year. “The racing industry is integral to the ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Boost to agri-education with reopening of Taratahi
    The Government’s commitment to increase primary sector jobs and opportunities has been further boosted today with the re-opening of the Taratahi Agriculture Centre, says Agriculture Minister Damien O’Connor. The Wairarapa-based training centre is reopening its doors after two years to deliver industry taster and familiarisation courses, to help workers displaced ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Acknowledging ethnic community response during COVID-19
    New Zealanders are being invited to help recognise the work of the many “unsung heroes” in our ethnic communities during COVID-19. “Aotearoa New Zealand is home to 920,000 people who identify their ethnicity as Middle Eastern, Latin American, African, Asian, and Continental European. During the extraordinary time of the COVID-19 ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Government to subsidise arbitration and mediation to resolve commercial rent disputes
    The Government is allocating $40 million to assist with the cost of mediation and arbitration for New Zealand businesses and landlords to resolve issues about adjusting rent as they face the economic impacts of COVID-19, Justice Minister Andrew Little said. The Government had previously announced funding to improve access to ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Roadside drug driver testing Bill introduced
    The Government has announced details of a planned new law to give Police the power to conduct random roadside drug testing of drivers, Associate Transport Minister Julie Anne Genter and Minister of Police Stuart Nash announced today. The Land Transport (Drug Driving) Amendment Bill was introduced to the house today ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Boost to upgrade state housing to be warmer, drier, healthier homes
    More warmer, drier homes and a big building boost for regional centres across New Zealand are two of the major benefits from a $500 million investment in the upgrade and renewal of state homes. Associate Housing Minister Kris Faafoi has confirmed the multi-million dollar expansion of the Kāinga Ora – ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Makeover for iconic waterfront destination
    The Government will provide $8 million towards the revitalisation of the Paihia waterfront in the iconic Bay of Islands, Infrastructure Minister Shane Jones has announced. The Bay of Islands is the cornerstone of Northland tourism and Paihia the hub for maritime-based tourism and recreation in the area. “Weather and economic ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Dates confirmed for Christchurch Hospital Hagley move
    Health Minister Chris Hipkins welcomes confirmation of Canterbury DHB’s move into state-of-the-art Christchurch Hospital Hagley building which will serve the community well for decades to come.  The Ministry of Health is on track to hand over the facility on 10 August 2020. Sterile Services is due to be operational on ...
    BeehiveBy beehive.govt.nz
    5 days ago