The treading water budget

Written By: - Date published: 7:46 am, May 18th, 2011 - 24 comments
Categories: budget 2011 - Tags:

Bryan Gould writes:

“The fact that this week’s Budget will do no more than mark time should come as no surprise. We now have getting on for three years’ experience of a government whose idea of managing the economy is simply to wait and see what turns up.”

“Some of what has turned up has not been very helpful. The Christchurch earthquakes, in particular, plus the collapse of a couple of dozen finance companies, have not made things any easier.

The Government, of course, has seized on these factors to explain why its do-nothing policy has not produced better results.

But other developments have been very advantageous. World commodity prices – and prices for our commodities in particular – have soared to record levels. Our major export markets – Australia and China – have been the two economies that have best been able to shrug off the global recession. “

This is the amazing thing. Our biggest trading partners are rocketing along, and yet we’re not. Why not? You can’t blame the earthquake, as David Cunliffe got Bill English to acknowledge:

Hon DAVID CUNLIFFE (Labour—New Lynn) to the Minister of Finance: What was the annual rate of GDP growth for the year ended December 2010 projected in Budget 2010, and what was the actual rate of growth for that period according to Statistics New Zealand?

Hon BILL ENGLISH (Minister of Finance) : Three percent, and 1.5 percent.

Hon David Cunliffe: Is it correct that his Budget 2010 projected that growth in the first three quarters of 2010, nearly all of which was before the first earthquake, would be 0.8 percent, 0.8 percent, and 1.6 percent respectively, whereas actual growth was 0.7 percent, 0.2 percent, and minus 0.2 percent, which means that by the end of September 2010 economic output was $1.6 billion below the forecast he produced in May 2010?

Hon BILL ENGLISH: Yes, growth was slower than expected, and the reason for that was mainly that New Zealanders were saving more than was expected. That is now showing up in a fast-rising household savings rate.

Uh, huh. So people are desperately trying to get their debt down before they lose their jobs, and English thinks it’s a good thing.

Back to Gould:

our public finances are, historically and comparatively, in a reasonably healthy state, reflecting the prudent management and repayment of public debt carried out by earlier finance ministers.

These factors should surely have meant that we, too, like our two major trading partners, were able to rebound from recession and resume a rate of growth that would restore something like full employment and – with higher tax revenues – achieve an immediate improvement in the Government’s accounts. But, disappointingly, having fallen into recession before most other countries, we are still bumping along on the bottom.

Economies are robust things. You can kick them, neglect them, starve them, but sooner or later their natural buoyancy will bring about a recovery of sorts. But that recovery will be longer delayed, and will be from a lower base and less strong and sustainable than it should have been.

The failure to get the economy moving is in other words not a cost-free dereliction of duty. Over a three-year period, the failure to move forward could well have cost us up to $20 billion in lost national income and will mean that growth, when it does resume, will be from a lower base and on a lower trajectory – penalising us for years to come…

…John Key has another characteristic, which he shares with my former colleague, Tony Blair. His basic pitch to the electorate is that he is a nice guy who can be trusted to take the pain out of politics – and, to some degree, the politics out of politics.

A winning smile and a telegenic personality – both possessed in large measure by Blair and Key – will get you a long way; but that advantage is put at risk when hard decisions have to be made and people are disappointed.

We need a Budget this week that faces the tough issues, that sets us on course to save and invest, to reduce our national indebtedness, and to improve the competitiveness of our productive sector – and to use the comparative strength of the Government’s finances to help us achieve these goals. It seems unlikely that we will get it.

The ‘smile and wave’, ‘do nothing’ government is letting this country go down the toilet not only from malign neglect but through bad decisions like borrowing for tax cuts. Who is content to let this continue?

24 comments on “The treading water budget ”

  1. Bill English is a turd polisher !!!

  2. PeteG 2

    There’s more interesting comments on this theme with relevant links from Bryce Edwards.

    While those involved in political parties still obsess over big ideological moves in their preferred direction maybe the general voting public are quite happy with a steady incremental approach – current polls suggest this could be the case.

    There might be a bit of an increase in support for the radicals like Brash and Harawira but really National and Labour in the centre are gradualy being joined by Dunne, Peters, Maori and Greens.

    Maybe we have to get used to the cautious tinkering approach rather than tsunami lurches.

    If Labour do manage to pull of a suprise and cobble together a coalition in December they will be limited by their many coalition partners.

    • pollywog 2.1

      While those involved in political parties still obsess over big ideological moves in their preferred direction maybe the general voting public are quite happy with a steady incremental approach – current polls suggest this could be the case.

      the general public are happy enough as long as they don’t know it’s a turd that English is polishing…

      …except the shines fast coming off and it’s hard to hide the stink of shit on Bill’s hands

  3. TightyRighty 3

    Uh, huh. So people are desperately trying to get their debt down before they lose their jobs, and English thinks it’s a good thing.

    Where does it say that that people are going to lose their jobs because people are paying down debt or saving? It’s a good thing that people are saving or paying down debt. it will make domestic investment possible again. it will also reduce inflation as demand will not be so rampant. these are lagging effects though, not immediately noticeable in the economy. in time they will be show their usefulness. then labour will encourage another false boom and destroy all the good work by spending profligately.

    • RedLogix 3.1

      It’s a good thing that people are saving or paying down debt. it will make domestic investment possible again. it will also reduce inflation as demand will not be so rampant. these are lagging effects though, not immediately noticeable in the economy. in time they will be show their usefulness.

      Domestic debt is around 160% of GDP, while the long-term historic and sustainable value is probably about 40% or less. This means that we have a lump of debt to unwind that is the equivalent of 120% of GDP.

      If we paid that debt down at a massive 5% of GDP pa …which would be a tremendous hit on the economy…. it would take at least 24 years to get back into some sort of desirable position again. That’s two to threee decades of sustained recession and stagnation just to pay this debt back. Get it?

      • Colonial Viper 3.1.1

        24 years to pay down the debt? But…National barely think a year ahead in terms of what is good for themselves, what do Key and English care about 24 years time? 🙂

      • TightyRighty 3.1.2

        if it only worked only as you described it.

        Not all people are in debt, some are only in debt a little. As these people save a proportion of their income they make money available for investment which can provide returns to the economy at a greater rate. which increases GDP and reduces the ratio of domestic debt to GDP. As the ratio reduces, the time taking to get domestic debt to this rather arbitrary figure of 40%, one which i think is a good goal regardless of who set it, falls. GDP growth also accelerates, and the circle of life continues.

        what your saying is though is that we are fucked, there is nothing we can do about it except be fucked, but we won’t become a hooker, because getting fucked and paid has no dignity, so we should just give it away.

        • Lanthanide 3.1.2.1

          Ok, so what happens with your virtuous cycle of economic growth when we hit petrol of $4/litre in 3 years time?

          • TightyRighty 3.1.2.1.1

            It becomes economically feasible to drill for oil in the great southern basin and NZ gets rich off oil royalties. growth!!!!r

            • Colonial Viper 3.1.2.1.1.1

              You forget that a few people will get rich, everyone else gets fraked over because it will cost $350 to fill up their car so they can go to work at the supermarket or at the cafe for about, oh $350 wages/week.

              • TightyRighty

                really? what about if there was a new royalty regime where the crown was a half owner in the project, with all the associated risks and rewards AND creamed a 12.5% royalty on top? then the income was used to either fund further infrastructure projects to provide the framework for future growth or to reduce taxes for all new zealand citizens?

                Alternatively, you could piss any surplus away by providing tax relief in the form of welfare for those with jobs already and encourage people to live outside their means because the government guarantees their lifestyle and expects them to become state dependent. this then sets the environment for a structural deficit when the tax take goes down due to a global recession and four natural disasters domestically

                • terryg

                  TightyRighty, on what basis do you think such an event might occur? Clearly not a historical basis (presuming, of course, that you inhabvit the same universe as the rest of NZ does). Methinks ’tis not based on NACTs efforts to date either, whereby they bend over backwards to provide corporate welfare to the rich and powerful – especially (foreign) multinationals.

                  Ergo you’re just making shit up.

                  If you’re going to hypothesise highly improbable events, why stop there? how about simply assuming Rodney Hiding perfects cold fusion whilst Deborah Codswallop patents a functional antigravity device?

                  • TightyRighty

                    Really terry, the proposal is not as ludicrous as you make it seem. as long as there is sufficient profit in it for whoever the partner of the government may be, it is a feasible project. It’s your blind hatred that prevents you from seeing this. The proposal hasn’t even been aired by anyone except me and already you loudly proclaim it’s bullshit. was it you who programmed the budget poll on silent t’s website by chance?

                    • terryg

                      TightyRighty, there is a world of difference between you hypothesising something, and that something actually occurring. As I said in my post, it has never happened that way in the past – the exact opposite in fact.

                      On what possible basis can you assume that your preferred government (NACT right? youre not a labour/green voter are you now) would EVER want half-ownership in a business, when their ideology is specifically to reduce/remove government ownership of everything.

                      Despite the fact that it *might* be feasible, based on their previous policies to date and in fact their core ideology, NACT will never implement that. Did you pay any attention whatsoever to King Gerrys Coromandel Mining debacle? clearly not.

                      And I havent even begun to discuss the practicalities of actually drilling for oil in the Great Southern basin. FFS have you even SEEN NZ’s oil spill response equipment? Most dinghies are bigger than those three pieces of junk (literally). Heard of Deepwater Horizon? Our oil “isnt commercially viable” because its a shitload harder to extract, and look how well that turned out.

                      Peak oil passed in 2006…. time to look forward not backward.

                • Draco T Bastard

                  …become state dependent.

                  People are always dependent upon the state – it’s not an option. I’d go so far as to say that it’s the states responsibility to ensure that people aren’t living in poverty with the concurrent and necessary responsibility to ensure that we’re living within the renewable resource base (ie, not living beyond our means which is what we’re doing ATM as the pollution in our rivers and lakes proves).

                  Nact and the RWNJs seem to think that we should punish people for being poor despite there not being any jobs available and that we should sell off all our resources ASAP so that a few people can have more money in the bank.

                  • Colonial Viper

                    Better to have the backing of a state present to serve the people, than to rely on the compassion of corporate power and their monied major shareholders.

                    • terryg

                      dont you just love the cognitive dissonance of the RW? the only time they seem able to cease shouting their “government is bad” mantra is demand the police/army apprehend anyone with the temerity to download duplicates of digital dross.

      • Lanthanide 3.1.3

        Red, where do you get your 160% of GDP figure? The total indebtedness is reported to be ~85% of GDP, and that’s with 15-20% of that being government debt. Seems like private debt is more like ~60% of GDP? That’s a big difference from 160%.

  4. side show bob 4

    So we are “treading water”, no it’s called socialism. We are now a third world country pretending to be first world. To pay for the so called first world lifestyle requires greater wealth redistribution on a greater and greater scale. Both Lab/Nats have built the country like a house of cards, treading water my arse, we are closet to drowning.

    • Colonial Viper 4.1

      Uh wealth redistribution has been exactly what has been happening over the last 30 years.

      Wealth redistribution from the poor and the working, to the top 1%-2% wealthiest in society.

      And you are right this has not worked for anyone – except the top 1%-2%, naturally.

  5. randal 5

    keep it simple dudes. this governments agenda is to hang in there till they can get a clear shot at selling anything and everything they can to their pals and then splitting back to london or miami or somewhere with there ill gotten gains.
    we’re just fodder for their plans to acquire enough wealth to keep them in the style to which they want o become acustomed.
    basically they are just parvenus on the make.

    • Treetop 5.1

      Just over 23 hours until it is revealed how rooted the country is. It only took them three years. Another Nact budget will be the finish.

  6. Jenny 6

    This government in it’s first term has been a “Treading Water Government” not because they have no ideas on what they want to do.

    They know exactly what they want to do. But they also know that they have no mandate for the sort of extreme neo-liberal policies that they wish to impose, and so they wait, and bide their time.

    Clearly the Nats feel that they will have gained this mandate after the next election.

    Even the cuts announced in the budget are only to come into force after the election, (that is if they win).

    A left leaning Labour led administration on being returned instead of the Nats would be honour bound to reverse all Bill English’s cuts and put the cost of the recession back on to those who caused it.

    • Draco T Bastard 6.1

      A left leaning Labour led administration on being returned instead of the Nats would be honour bound to reverse all Bill English’s cuts and put the cost of the recession back on to those who caused it.

      You would think so but I won’t be holding my breath waiting for them to do so.

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    Canada is in uproar after the exposure that its parliament on September 22 provided a standing ovation to a Nazi veteran who had been invited into the chamber to participate in the parliamentary welcome to Ukrainian President Zelensky. Yaroslav Hunka, 98, a Ukrainian man who volunteered for service in ...
    4 days ago
  • Always Be Campaigning
    The big screen is a great place to lay out the ways of the salesman. He comes ready-made for Panto, ripe for lampooning.This is not to disparage that life. I have known many good people of that kind. But there is a type, brazen as all get out. The camera ...
    More Than A FeildingBy David Slack
    4 days ago
  • STEPHEN FRANKS: Press seek to publicly shame doctor – we must push back
    The following is a message sent yesterday from lawyer Stephen Franks on behalf of the Free Speech Union. I don’t like to interrupt first thing Monday morning, but we’ve just become aware of a case where we think immediate and overwhelming attention could help turn the tide. It involves someone ...
    Point of OrderBy poonzteam5443
    4 days ago
  • Competing on cruelty
    The right-wing message calendar is clearly reading "cruelty" today, because both National and NZ First have released beneficiary-bashing policies. National is promising a "traffic light" system to police and kick beneficiaries, which will no doubt be accompanied by arbitrary internal targets to classify people as "orange" or "red" to keep ...
    No Right TurnBy Idiot/Savant
    4 days ago
  • Further funding for Pharmac (forgotten in the Budget?) looks like a $1bn appeal from a PM in need of...
    Buzz from the Beehive One Labour plan  – for 3000 more public homes by 2025 – is the most recent to be posted on the government’s official website. Another – a prime ministerial promise of more funding for Pharmac – has been released as a Labour Party press statement. Who ...
    Point of OrderBy Bob Edlin
    4 days ago
  • Bryce Edwards: The Vested interests shaping National Party policies
    As the National Party gets closer to government, lobbyists and business interests will be lining up for influence and to get policies adopted. It’s therefore in the public interest to have much more scrutiny and transparency about potential conflicts of interests that might arise. One of the key individuals of ...
    Democracy ProjectBy bryce.edwards
    4 days ago
  • Labour may be on way out of power and NZ First back in – but will Peters go into coalition with Na...
    Voters  are deserting Labour in droves, despite Chris  Hipkins’  valiant  rearguard  action.  So  where  are they  heading?  Clearly  not all of them are going to vote National, which concedes that  the  outcome  will be “close”. To the Right of National, the ACT party just a  few weeks  ago  was ...
    Point of OrderBy tutere44
    4 days ago
  • GRAHAM ADAMS: Will the racists please stand up?
    Accusations of racism by journalists and MPs are being called out. Graham Adams writes –    With the election less than three weeks away, what co-governance means in practice — including in water management, education, planning law and local government — remains largely obscure. Which is hardly ...
    Point of OrderBy poonzteam5443
    4 days ago
  • Gordon Campbell on whether Winston Peters can be a moderating influence
    As the centre-right has (finally!) been subjected to media interrogation, the polls are indicating that some voters may be starting to have second thoughts about the wisdom of giving National and ACT the power to govern alone. That’s why yesterday’s Newshub/Reid Research poll had the National/ACT combo dropping to 60 ...
    4 days ago
  • Tuesday’s Chorus: RBNZ set to rain on National's victory parade
    ANZ has increased its forecast for house inflation later this year on signs of growing momentum in the market ahead of the election. Photo: Lynn Grieveson / The KākāTL;DR: National has campaigned against the Labour Government’s record on inflation and mortgage rates, but there’s now a growing chance the Reserve ...
    The KakaBy Bernard Hickey
    4 days ago
  • After a Pittsburgh coal processing plant closed, ER visits plummeted
    This is a re-post from Yale Climate Connections by Katie Myers. This story was originally published by Grist and is part of Covering Climate Now, a global journalism collaboration strengthening coverage of the climate story. Pittsburgh, in its founding, was blessed and cursed with two abundant natural resources: free-flowing rivers and a nearby coal seam. ...
    4 days ago
  • September-23 AT Board Meeting
    Today the AT board meet again and once again I’ve taken a look at what’s on the agenda to find the most interesting items. Closed Agenda Interestingly when I first looked at the agendas this paper was there but at the time of writing this post it had been ...
    4 days ago
  • Electorate Watch: West Coast-Tasman
    Continuing my series on interesting electorates, today it’s West Coast-Tasman.A long thin electorate running down the northern half of the west coast of the South Island. Think sand flies, beautiful landscapes, lots of rain, Pike River, alternative lifestylers, whitebaiting, and the spiritual home of the Labour Party. A brief word ...
    Nick’s KōreroBy Nick Rockel
    4 days ago
  • Big money brings Winston back
    National leader Christopher Luxon yesterday morning conceded it and last night’s Newshub poll confirmed it; Winston Peters and NZ First are not only back but highly likely to be part of the next government. It is a remarkable comeback for a party that was tossed out of Parliament in ...
    PolitikBy Richard Harman
    4 days ago
  • 20 days until Election Day, 7 until early voting begins… but what changes will we really see here?
    As this blogger, alongside many others, has already posited in another forum: we all know the National Party’s “budget” (meaning this concept of even adding up numbers properly is doing a lot of heavy, heavy lifting right now) is utter and complete bunk (read hung, drawn and quartered and ...
    exhALANtBy exhalantblog
    5 days ago
  • A night out
    Everyone was asking, Are you nervous? and my response was various forms of God, yes.I've written more speeches than I can count; not much surprises me when the speaker gets to their feet and the room goes quiet.But a play? Never.YOU CAME! THANK YOU! Read more ...
    More Than A FeildingBy David Slack
    5 days ago
  • A pallid shade of Green III
    Clearly Labour's focus groups are telling it that it needs to pay more attention to climate change - because hot on the heels of their weaksauce energy efficiency pilot programme and not-great-but-better-than-nothing solar grants, they've released a full climate manifesto. Unfortunately, the core policies in it - a second Emissions ...
    No Right TurnBy Idiot/Savant
    5 days ago
  • A coalition of racism, cruelty, and chaos
    Today's big political news is that after months of wibbling, National's Chris Luxon has finally confirmed that he is willing to work with Winston Peters to become Prime Minister. Which is expected, but I guess it tells us something about which way the polls are going. Which raises the question: ...
    No Right TurnBy Idiot/Savant
    5 days ago
  • More migrant workers should help generate the tax income needed to provide benefits for job seekers
    Buzz from the Beehive Under something described as a “rebalance” of its immigration rules, the Government has adopted four of five recommendations made in an independent review released in July, The fifth, which called on the government to specify criteria for out-of-hours compliance visits similar to those used during ...
    Point of OrderBy Bob Edlin
    5 days ago
  • Letter To Luxon.
    Some of you might know Gerard Otto (G), and his G News platform. This morning he wrote a letter to Christopher Luxon which I particularly enjoyed, and with his agreement I’m sharing it with you in this guest newsletter.If you’d like to make a contribution to support Gerard’s work you ...
    Nick’s KōreroBy Nick Rockel
    5 days ago
  • LINDSAY MITCHELL: Alarming trend in benefit numbers
    Lindsay Mitchell writes –  While there will not be another quarterly release of benefit numbers prior to the election, limited weekly reporting continues and is showing an alarming trend. Because there is a seasonal component to benefit number fluctuations it is crucial to compare like with like. In ...
    Point of OrderBy poonzteam5443
    5 days ago
  • BRIAN EASTON: Has there been external structural change?
    A close analysis of the Treasury assessment of the Medium Term in its PREFU 2023 suggests the economy may be entering a new phase.   Brian Easton writes –  Last week I explained that the forecasts in the just published Treasury Pre-election Economic and Fiscal Update (PREFU 2023) was ...
    Point of OrderBy poonzteam5443
    5 days ago
  • CRL Progress – Sep-23
    It’s been a while since we looked at the latest with the City Rail Link and there’s been some fantastic milestones recently. To start with, and most recently, CRL have released an awesome video showing a full fly-through of one of the tunnels. Come fly with us! You asked for ...
    5 days ago
  • Monday’s Chorus: Not building nearly enough
    We are heading into another period of fast population growth without matching increased home building or infrastructure investment.Photo: Lynn Grieveson / The KākāTL;DR: Labour and National detailed their house building and migration approaches over the weekend, with both pledging fast population growth policies without enough house building or infrastructure investment ...
    The KakaBy Bernard Hickey
    5 days ago
  • Game on; Hipkins comes out punching
    Labour leader Chris Hipkins yesterday took the gloves off and laid into National and its leader Christopher Luxon. For many in Labour – and particularly for some at the top of the caucus and the party — it would not have been a moment too soon. POLITIK is aware ...
    PolitikBy Richard Harman
    5 days ago
  • Tax Cut Austerity Blues.
    The leaders have had their go, they’ve told us the “what?” and the “why?” of their promises. Now it’s the turn of the would be Finance Ministers to tell us the “how?”, the “how much?”, and the “when?”A chance for those competing for the second most powerful job in the ...
    Nick’s KōreroBy Nick Rockel
    6 days ago
  • MIKE GRIMSHAW:  It’s the economy – and the spirit – Stupid…
    Mike Grimshaw writes – Over the past 30-odd years it’s become almost an orthodoxy to blame or invoke neoliberalism for the failures of New Zealand society. On the left the usual response goes something like, neoliberalism is the cause of everything that’s gone wrong and the answer ...
    Point of OrderBy poonzteam5443
    6 days ago
  • 2023 SkS Weekly Climate Change & Global Warming News Roundup #38
    A chronological listing of news and opinion articles posted on the Skeptical Science Facebook Page during the past week: Sun, Sep 17, 2023 thru Sat, Sep 23, 2023. Story of the Week  Opinion: Let’s free ourselves from the story of economic growth A relentless focus on economic growth has ushered in ...
    6 days ago
  • The End Of The World.
    Have you been looking out of your window for signs of the apocalypse? Don’t worry, you haven’t been door knocked by a representative of the Brian Tamaki party. They’re probably a bit busy this morning spruiking salvation, or getting ready to march on our parliament, which is closed. No, I’ve ...
    Nick’s KōreroBy Nick Rockel
    1 week ago
  • Climate Town: The Brainwashing Of America's Children
    Climate Town is the YouTube channel of Rollie Williams and a ragtag team of climate communicators, creatives and comedians. They examine climate change in a way that doesn’t make you want to eat a cyanide pill. Get informed about the climate crisis before the weather does it for you. The latest ...
    1 week ago
  • Has There Been External Structural Change?
    A close analysis of the Treasury assessment of the Medium Term in its PREFU 2023 suggests the economy may be entering a new phase. Last week I explained that the forecasts in the just published Treasury Pre-election Economic and Fiscal Update (PREFU 2023) was similar to the May Budget BEFU, ...
    PunditBy Brian Easton
    1 week ago

  • New community-level energy projects to support more than 800 Māori households
    Seven more innovative community-scale energy projects will receive government funding through the Māori and Public Housing Renewable Energy Fund to bring more affordable, locally generated clean energy to more than 800 Māori households, Energy and Resources Minister Dr Megan Woods says. “We’ve already funded 42 small-scale clean energy projects that ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Huge boost to Te Tai Tokerau flood resilience
    The Government has approved new funding that will boost resilience and greatly reduce the risk of major flood damage across Te Tai Tokerau. Significant weather events this year caused severe flooding and damage across the region. The $8.9m will be used to provide some of the smaller communities and maraes ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Napier’s largest public housing development comes with solar
    The largest public housing development in Napier for many years has been recently completed and has the added benefit of innovative solar technology, thanks to Government programmes, says Housing Minister Dr Megan Woods. The 24 warm, dry homes are in Seddon Crescent, Marewa and Megan Woods says the whanau living ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Te Whānau a Apanui and the Crown initial Deed of Settlement I Kua waitohua e Te Whānau a Apanui me...
    Māori: Kua waitohua e Te Whānau a Apanui me te Karauna te Whakaaetanga Whakataunga Kua waitohua e Te Whānau a Apanui me te Karauna i tētahi Whakaaetanga Whakataunga hei whakamihi i ō rātou tāhuhu kerēme Tiriti o Waitangi. E tekau mā rua ngā hapū o roto mai o Te Whānau ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Plan for 3,000 more public homes by 2025 – regions set to benefit
    Regions around the country will get significant boosts of public housing in the next two years, as outlined in the latest public housing plan update, released by the Housing Minister, Dr Megan Woods. “We’re delivering the most public homes each year since the Nash government of the 1950s with one ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Immigration settings updates
    Judicial warrant process for out-of-hours compliance visits 2023/24 Recognised Seasonal Employer cap increased by 500 Additional roles for Construction and Infrastructure Sector Agreement More roles added to Green List Three-month extension for onshore Recovery Visa holders The Government has confirmed a number of updates to immigration settings as part of ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Poroporoaki: Tā Patrick (Patu) Wahanga Hohepa
    Tangi ngunguru ana ngā tai ki te wahapū o Hokianga Whakapau Karakia. Tārehu ana ngā pae maunga ki Te Puna o te Ao Marama. Korihi tangi ana ngā manu, kua hinga he kauri nui ki te Wao Nui o Tāne. He Toa. He Pou. He Ahorangi. E papaki tū ana ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Renewable energy fund to support community resilience
    40 solar energy systems on community buildings in regions affected by Cyclone Gabrielle and other severe weather events Virtual capability-building hub to support community organisations get projects off the ground Boost for community-level renewable energy projects across the country At least 40 community buildings used to support the emergency response ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • COVID-19 funding returned to Government
    The lifting of COVID-19 isolation and mask mandates in August has resulted in a return of almost $50m in savings and recovered contingencies, Minister of Health Dr Ayesha Verrall announced today. Following the revocation of mandates and isolation, specialised COVID-19 telehealth and alternative isolation accommodation are among the operational elements ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Appointment of District Court Judge
    Susie Houghton of Auckland has been appointed as a new District Court Judge, to serve on the Family Court, Attorney-General David Parker said today.  Judge Houghton has acted as a lawyer for child for more than 20 years. She has acted on matters relating to the Hague Convention, an international ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government invests further in Central Hawke’s Bay resilience
    The Government has today confirmed $2.5 million to fund a replace and upgrade a stopbank to protect the Waipawa Drinking Water Treatment Plant. “As a result of Cyclone Gabrielle, the original stopbank protecting the Waipawa Drinking Water Treatment Plant was destroyed. The plant was operational within 6 weeks of the ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Govt boost for Hawke’s Bay cyclone waste clean-up
    Another $2.1 million to boost capacity to deal with waste left in Cyclone Gabrielle’s wake. Funds for Hastings District Council, Phoenix Contracting and Hog Fuel NZ to increase local waste-processing infrastructure. The Government is beefing up Hawke’s Bay’s Cyclone Gabrielle clean-up capacity with more support dealing with the massive amount ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Taupō Supercars revs up with Government support
    The future of Supercars events in New Zealand has been secured with new Government support. The Government is getting engines started through the Major Events Fund, a special fund to support high profile events in New Zealand that provide long-term economic, social and cultural benefits. “The Repco Supercars Championship is ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • There is no recession in NZ, economy grows nearly 1 percent in June quarter
    The economy has turned a corner with confirmation today New Zealand never was in recession and stronger than expected growth in the June quarter, Finance Minister Grant Robertson said. “The New Zealand economy is doing better than expected,” Grant Robertson said. “It’s continuing to grow, with the latest figures showing ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Highest legal protection for New Zealand’s largest freshwater springs
    The Government has accepted the Environment Court’s recommendation to give special legal protection to New Zealand’s largest freshwater springs, Te Waikoropupū Springs (also known as Pupū Springs), Environment Minister David Parker announced today.   “Te Waikoropupū Springs, near Takaka in Golden Bay, have the second clearest water in New Zealand after ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • More support for victims of migrant exploitation
    Temporary package of funding for accommodation and essential living support for victims of migrant exploitation Exploited migrant workers able to apply for a further Migrant Exploitation Protection Visa (MEPV), giving people more time to find a job Free job search assistance to get people back into work Use of 90-day ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Strong export boost as NZ economy turns corner
    An export boost is supporting New Zealand’s economy to grow, adding to signs that the economy has turned a corner and is on a stronger footing as we rebuild from Cyclone Gabrielle and lock in the benefits of multiple new trade deals, Finance Minister Grant Robertson says. “The economy is ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Funding approved for flood resilience work in Te Karaka
    The Government has approved $15 million to raise about 200 homes at risk of future flooding. More than half of this is expected to be spent in the Tairāwhiti settlement of Te Karaka, lifting about 100 homes there. “Te Karaka was badly hit during Cyclone Gabrielle when the Waipāoa River ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Further business support for cyclone-affected regions
    The Government is helping businesses recover from Cyclone Gabrielle and attract more people back into their regions. “Cyclone Gabrielle has caused considerable damage across North Island regions with impacts continuing to be felt by businesses and communities,” Economic Development Minister Barbara Edmonds said. “Building on our earlier business support, this ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • New maintenance facility at Burnham Military Camp underway
    Defence Minister Andrew Little has turned the first sod to start construction of a new Maintenance Support Facility (MSF) at Burnham Military Camp today. “This new state-of-art facility replaces Second World War-era buildings and will enable our Defence Force to better maintain and repair equipment,” Andrew Little said. “This Government ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Foreign Minister to attend United Nations General Assembly
    Foreign Minister Nanaia Mahuta will represent New Zealand at the 78th Session of the United Nations General Assembly (UNGA) in New York this week, before visiting Washington DC for further Pacific focussed meetings. Nanaia Mahuta will be in New York from Wednesday 20 September, and will participate in UNGA leaders ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Midwives’ pay equity offer reached
    Around 1,700 Te Whatu Ora employed midwives and maternity care assistants will soon vote on a proposed pay equity settlement agreed by Te Whatu Ora, the Midwifery Employee Representation and Advisory Service (MERAS) and New Zealand Nurses Association (NZNO), Minister of Health Dr Ayesha Verrall announced today. “Addressing historical pay ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • New Zealand provides support to Morocco
    Aotearoa New Zealand will provide humanitarian support to those affected by last week’s earthquake in Morocco, Foreign Minister Nanaia Mahuta announced today. “We are making a contribution of $1 million to the International Federation of Red Cross and Red Crescent Societies (IFRC) to help meet humanitarian needs,” Nanaia Mahuta said. ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Government invests in West Coast’s roading resilience
    The Government is investing over $22 million across 18 projects to improve the resilience of roads in the West Coast that have been affected by recent extreme weather, Prime Minister Chris Hipkins confirmed today.  A dedicated Transport Resilience Fund has been established for early preventative works to protect the state ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Government invests in Greymouth’s future
    The Government has today confirmed a $2 million grant towards the regeneration of Greymouth’s CBD with construction of a new two-level commercial and public facility. “It will include a visitor facility centred around a new library. Additionally, it will include retail outlets on the ground floor, and both outdoor and ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Nanaia Mahuta to attend PIF Foreign Ministers’ Meeting
    Foreign Minister Nanaia Mahuta will attend the Pacific Islands Forum (PIF) Foreign Ministers’ Meeting, in Suva, Fiji alongside New Zealand’s regional counterparts. “Aotearoa New Zealand is deeply committed to working with our pacific whanau to strengthen our cooperation, and share ways to combat the challenges facing the Blue Pacific Continent,” ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • PREFU shows no recession, growing economy, more jobs and wages ahead of inflation
    Economy to grow 2.6 percent on average over forecast period Treasury not forecasting a recession Inflation to return to the 1-3 percent target band next year Wages set to grow 4.8 percent a year over forecast period Unemployment to peak below the long-term average Fiscal Rules met - Net debt ...
    BeehiveBy beehive.govt.nz
    3 weeks ago
  • New cancer centre opens in Christchurch
    Prime Minister Chris Hipkins and Minister of Health Dr Ayesha Verrall proudly opened the Canterbury Cancer Centre in Christchurch today. The new facility is the first of its kind and was built with $6.5 million of funding from the Government’s Infrastructure Reference Group scheme for shovel-ready projects allocated in 2020. ...
    BeehiveBy beehive.govt.nz
    3 weeks ago
  • Government invests in top of the south’s roading resilience
    $12 million to improve the resilience of roads in the Nelson, Marlborough and Tasman regions Hope Bypass earmarked in draft Government Policy Statement on land transport $127 million invested in the top of the south’s roads since flooding in 2021 and 2022 The Government is investing over $12 million to ...
    BeehiveBy beehive.govt.nz
    3 weeks ago
  • New Zealanders continue to support the revitalisation of te reo as we celebrate Te Wiki o te Reo Mā...
    Ko tēnei te wiki e whakanui ana i tō tātou reo rangatira. Ko te wā tuku reo Māori, e whakanuia tahitia ai te reo ahakoa kei hea ake tēnā me tēnā o tātou, ka tū ā te Rātū te 14 o Mahuru, ā te 12 o ngā hāora i te ahiahi. ...
    BeehiveBy beehive.govt.nz
    3 weeks ago

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