Who grows better? Labour or National?

Written By: - Date published: 12:05 pm, July 22nd, 2011 - 89 comments
Categories: Economy, labour, national - Tags:

Under the last Labour-led government the GDP per capita rose 15.6%. Under John Key’s National, it has fallen 1.9%. ‘Ah but Labour was just lucky and Key has just been unlucky’, say the righties. Which suggests righties think economic policy doesn’t matter and makes you wonder why we’re arguing. The data, however, shows conclusively which party has the best record on growth.

Here is the average annual (June year) growth for each government since 1935, ordered from largest to smallest. The bars in bold outline are the averages for Labour and National governments.

So, it’s pretty conclusive that Key sucks as an economic manager. Worst record in 80 years, and by a long, long way.

It’s also clear that National is consistently worse than Labour: 2.9% vs 4.1.

Even taking out that incredible First Labour government, Labour still beats National.

It’s also interesting to see that growth rates are tending to slow. The Fifth Labour government excepted, the governments since 1975 are the worst performers on growth. I wonder if this was inevitable (that there is an exception to the rule suggests not) or a result of, first, National’s disastrous Think Big, then, the neoliberal revolution and, now, Key’s bastardised amalgamation of the two wherein we sell assets to pay for motorways we don’t need.

I haven’t included the Liberal/Reform coalition government that referred to itself as the ‘National government’ from 1931 to 1935 but, interestingly, even that government from the height of the Depression had a better growth record at 2.6% than all the neoliberal era governments (except, again, the Fifth Labour government).

If CGT vs asset sales hasn’t convinced you already, the records should: if you care about the economy, put a Labour-led government in charge of it.

– Bright Red

89 comments on “Who grows better? Labour or National? ”

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  1. higherstandard 1
    22 July 2011 at 12:38 pm

    This is the most fatuous analysis ever to appear on this site.

    • mickysavage 1.1
      22 July 2011 at 12:48 pm

      Why? Don’t you like the conclusion?

    • Blighty 1.2
      22 July 2011 at 12:54 pm

      Saying it doesn’t make it so. Tell us what is wrong with the analysis?

      BR’s supplied 75 years of data spanning 10 governments and, 23 elections. The difference is pretty clear between the two parties. What is your rebuttal?

      Or don’t you have one?

      • Blue 1.2.1
        22 July 2011 at 2:16 pm

        I think the rebuttal is about the world economic climate at each individual time, comparing each Governments growth to those of the OECD as a comparison in the same cimate, whether or not there was a war perhaps (FFS) which involved huge amounts of Government spending. There are many reasons why economies grow, an export led economy like ours that relies on other countries buying our exports, as open to vagaries and whims of international trade and the conditions within which they exist. As HS has said it is fatuous indeed. Why not show an unemployment graph over the same period, from a reliable source?

        • Blighty 1.2.1.1
          22 July 2011 at 2:23 pm

          why don’t you supply that graph?

          We’re not talking one-off coincidences here. 75 years, ten governments. Are you really claiming it’s just that Labour has successively been lucky for three generations? (and, if so, isn’t that a reason in itself to elect them 🙂 ?)

          • Blue 1.2.1.1.1
            22 July 2011 at 2:38 pm

            Firstly because I don’t have to grasp at straws like the left tend to do. In any research, it is important to look at all sides of the data. From this graph you can certainly get a correlation between governments and growth. However, this is bivariate data, multivariate data gives a true picture of these types of relationships. So if you want to correlate anything – you can. There is a direct correlation between, in a statistical sense, the introduction of NCEA and increased obesity in children, it doesn’t mean that NCEA causes obesity (or maybe it does). However anyone with common sense would realise that the two are completely unrelated. The fact that they occurred at the same time does not mean they are related.

            Just like Labours poor poll results for their ‘leader’ correlate to their party vote, this surely can’t be related (can it?). This is poor science at best and Fox News type of interpretation for the misinformed and stupid, at worst.

            • Blighty 1.2.1.1.1.1
              22 July 2011 at 2:40 pm

              So, you’re arguing that government policy doesn’t influence the economy and it’s all just a coincidence?

              In that case, why do you oppose Labour’s economic policy?

              • Blue …
                22 July 2011 at 3:58 pm

                Thats not what I said or intended. Your ability to interpret graphs matches your ability to read. Government policy of course has impacts on the economy, but as anyone with a 3rd form level of economics education would tell you, countries do not operate in vacuums, and their economies are not mutually exclusive to the economic conditions of our major trading partners. One is correlated to the other. If this were not the case we would be forever insulated against movements in our currency and the flow on effects on the trading conditions we rely on. Clearly we are not. I oppose Labours policies on the same basis that you oppose Nationals, I don’t believe in them, because eventually you run out of middle income earners (woops sorry) “rich pricks” to tax (teachers, nurses, doctors, lecturers, police) and I have little trust for those in Labour that want to impose them on my family. Labour masquerade as “workers rights advocates” but those same workers are by definition penalised by them. They are epitome of a falsehood.

                • r0b …
                  22 July 2011 at 4:10 pm

                  Why do you call them rich pricks Blue? That’s a bit mean.

                  • Blue …
                    22 July 2011 at 4:32 pm

                    Yes it was wasn’t it, and I unreservedly apologise to the nurses, teachers, and other ones for repeating the oft quoted lines I hear from the apparently and clearly self-perceived downtrodden masses that are about to rise up and do what they do well……nothing.

                    • Colonial Viper …
                      22 July 2011 at 4:36 pm

                      self-perceived downtrodden masses that are about to rise up and do what they do well……nothing.

                      lol

                      unemployed highly trained mentally distressed ex Iraq War vets, having come home to broken homes and a broken economy

                      How long do you think this ‘doing nothing’ you speak of is going to last? Seriously?

                      Of course I am talking about the US there, but have you not paid attention to Egypt, Bahrain, Libya and Greece?

                    • r0b …
                      22 July 2011 at 5:02 pm

                      That probably sounded more coherent in your head than it did when it escaped.

                    • felix …
                      22 July 2011 at 5:56 pm

                      Thing is, Blue, I only ever see you right-wingers talking about “rich pricks”.

                      It’s like Dr Cullen called John Key one once, and since then you’ve all developed tourettes.

                      As r0b says, it’s a bit mean. Tarring all those people with the same brush, just because of John Key.

                • burt …
                  23 July 2011 at 12:24 am

                  Blue’s right though. In the last 3 terms of Labour govt fiscal drag was overtaxing the middle earners more than it was hammering the real top earners. Core Labour voters were treated as cash cows while the real high earners restructured their affairs. Absolute shame on Labour crapping on it’s core voter base.

                  felix, Cullen’s Roth on people earning more than an 80’s University Lecturer must be very deeply rooted.

                  • felix …
                    23 July 2011 at 5:20 am

                    Nice bit of mind reading. I’ll just go by what he said, thanks.

                  • mik e …
                    23 July 2011 at 12:04 pm

                    He used that fiscal drag to rebuild our economy Burt fix the run down armed forces $5-6billion their, Save $16billion in the Cullen fund pay down $10billion in debt. close the gap between Australia for the first time in twenty years with working for families rebuild capacity in education our OECD rankings went up for the first time in twenty years the worst decline was under the previous slash and burn govt. early childhood education $1.4 billion dollars even Peter Gluckman Keys chief science advisor thinks we should spend more their. so Burt.It wasn,t their Economic policy that pissed people of it was their liberal rights that pissed them so get your facts right

                    • burt …
                      24 July 2011 at 1:19 pm

                      So you are defending the over taxing of middle earners ? Wow, and you call yourself a Labour supporter. What next – lets justify eating the poor because they were sold with a GST exemption ?

              • burt …
                22 July 2011 at 6:47 pm

                Blighty

                So, you’re arguing that government policy doesn’t influence the economy and it’s all just a coincidence?

                NZ was in recession either Q4 2007 or Q1 2008 depending on how you like to spin it – but somehow that wasn’t Labour’s fault…. Just like day 1 of the 1990 National govt discovering the BNZ was insolvent and needed to be bailed out apparently wasn’t Labour’s fault either – it happened on National’s watch….

                This graph is indeed clutching at straws, sad desperate sloppy spin.

                • Colonial Viper …
                  22 July 2011 at 6:53 pm

                  sad desperate sloppy spin.

                  Almost as sad and as sloppy as the 170,000 new jobs Bill English promised last year.

                  Where he forgot to say that they would be in Australia.

                  • burt …
                    23 July 2011 at 12:02 am

                    Almost as sad and as sloppy (don’t forget desperate) or slightly more sad and sloppy (don’t forget desperate) – that depends on your point of view.

                    But I’m glad you agree with me that it’s sad desperate sloppy spin.

                • mik e …
                  23 July 2011 at 11:51 am

                  IT was Roger Douglas who deregulated the bnz an allowed it to lend to his ponzi schemers mates like Bruce Judge and co thats why it went belly up and then it was sold of at fire sale prices now its making about a billion a year and that profit is heading overseas.

    • felix 1.3
      22 July 2011 at 1:08 pm

      “This” being the operative word in higherstandard’s comment, of course…

  2. Pete George 2
    22 July 2011 at 1:03 pm

    It’s certainly selective – if you dropped the oldest government off (a time when we were recovering out of the Great Depression) it would make a big difference.

    And comparing the first 2 1/2 years of a first term for the current government is also misleading, the first term for Clarks governement the GDP dropped (after a lesser world financial hiccup) and then recovered.

    If you look at this graph: http://www.rbnz.govt.nz/keygraphs/Fig2.html
    you can see that the plummet began under Labour and continued down, closely tracking the US, no surprises there.

    It’s as unfair to say that Labour precipitated the recession as it is to blame National for it’s depth and longetivity.

    The graph also shows the best recoveries in the past few decades were under National….

    • lprent 2.1
      22 July 2011 at 1:28 pm

      It’s certainly selective – if you dropped the oldest government off …. it would make a big difference.

      Do you read the posts at all? You know – like where it says….

      Even taking out that incredible First Labour government, Labour still beats National.

      Whenever National are in power and something bad happens to the world economy like 97 or when they simply screw up like 91, the depths are pretty deep because they do the required corrective measures half-heartly and late – just as they do for everything else. If Labour is in power, the depths are similar to our trading partners – much shallower.

      So of course after National screw up as they routinely do, and the problem goes away (world economy rebounds, National corrects their benefit cut screwups, or simply National gets dumped), we bounce up sharply.

      But you view their bounce performance as an advantage without looking at their amazing ability to cripple the economy. The latter is the reason that their overall performance of the last century has been pathetic.

      And you wonder why many here think that you’re politically naive?

      • felix 2.1.1
        22 July 2011 at 1:38 pm

        If Pete Squirrel were to actually read the posts instead of just looking at the pictures he’d have nothing much to comment on.

        Most of the discussions he gets into these days seem to consist of him raising points that have already been dealt with and others patiently explaining the bleeding obvious to him.

      • Secret George 2.1.2
        22 July 2011 at 1:39 pm

        Did you read what I said? Like where it said :The graph also shows the best recoveries in the past few decades were under National….

        felix, you don’t have a great record of reading your own links properly.

        • felix 2.1.2.1
          22 July 2011 at 2:17 pm

          [citation needed]

        • Blighty 2.1.2.2
          22 July 2011 at 2:26 pm

          the graph shows the best growth period in the past 30 years was the 3rd Labour government, followed by the Fifth Labour government.

          • Pete George 2.1.2.2.1
            22 July 2011 at 2:34 pm

            The graph I linked to shows the best growth in 92-94 during a National government.

            The 88 crash, the dot-com burst and the 2008 recession all occurred or began during Labour governments. They were all international events so coincidental. It’s all a lot more complex than a few selective bars on a single graph.

            • Blighty 2.1.2.2.1.1
              22 July 2011 at 2:43 pm

              so you think the fact that average growth under Labour governments has outstripped average growth under National governments by 42% OVER THEIR ENTIRE HISTORY AS GOVERNING PARTIES is just a coincidence?

              If that’s the case, I suppose you think that economic policy is a nullity. If so, why do you oppose Labour’s?

            • Colonial Viper 2.1.2.2.1.2
              22 July 2011 at 5:05 pm

              In the Aliens movie, Pete George is the corporate guy who needs to be abandoned for the beasties lunch early in the first act, for the good of the other surviving humans.

            • bbfloyd 2.1.2.2.1.3
              22 July 2011 at 6:59 pm

              now your really talking vile shit george… your so called “recovery” was no more than national playing their favorite “boom/bust” game.. i well remember how completely the economy stalled between 91 and 92.. as a direct result of the attack on the population launched by the psychopath richardson and nz’s answer to rasputin, bill birch.

              the “recovery” wherein money was suddenly pumped into the deliberately stagnated building sector, for example was timed to flood money into the economy in the lead up to the 93 election..

              don’t waste my time with silly personality bullshit in response(assuming you can) as i won’t waste any more time on you. just understand, you make a total arse of yourself every time you come on her and spout your halfwit dribble…

            • mik e 2.1.2.2.1.4
              22 July 2011 at 7:16 pm

              once again Pete it was only a percentage change in growth not a volume in growth . The actual cash figures were very low. The increase was of a very weak economy so the volumes of growth were very low only a few hundred million over 9years 8.5% in real terms for National, as opposed 28.5 % in volume over nine years for Labour over nine years.I will put up th year yo year figures before next week and you will see how badly the economy performs under National. a small percentage of a much bigger pie is better than big percentage of a very small pie!

            • mik e 2.1.2.2.1.5
              22 July 2011 at 7:30 pm

              These are treasury figures your looking at. need I say more . get the real figures from the NZ year book.

    • mik e 2.2
      22 July 2011 at 1:36 pm

      Pete George go to the NZ year book have a look at the real dollar figures and not percentages, you will find National did have good recoveries but they were very short lived. usually followed by longer recessions only 6 months after the massive tax cuts mainly for the rich.They were unsustained what we had was a yo yo economy with very little growth.

    • Draco T Bastard 2.3
      22 July 2011 at 4:43 pm

      It’s certainly selective – if you dropped the oldest government off (a time when we were recovering out of the Great Depression) it would make a big difference.

      Aren’t we supposed to be recovering from a major global recession?

      Yep, that’s what John Key said. Considering this shouldn’t we be seeing the same sort of growth jump for this government that the 1st Labour government saw?

      The graph also shows the best recoveries in the past few decades were under National….

      Which graph are you talking about? Because it sure as hell isn’t the one you linked to.

  3. prism 3
    22 July 2011 at 1:07 pm

    The figures stand on their own merit. Whether Labour was lucky or smart, vote for Labour – the lucky party. Australia can have their lucky country, let’s get behind Labour and then we’ll all get lucky.

    And this isn’t tongue in cheek, if the present grotesque, burlesque revue carry on with their performance of being politicians (and a university capping dramatic group would put on a better show) we will all be pitchforked into the extravaganza, most of us at the back end of the stuffed pantomime horses or don-keys (along with the fabulous song and dance duo Don and John Key).

  4. mik e 4
    22 July 2011 at 1:26 pm

    When you look at the volume of growth that is year to year actual growth in dollars including inflation being taken in to account the figures are even more stark just taking percentages by them selves doesn,t provide the whole picture. you may have several years with no or negative growth then suddenly have 9% growth in one year which makes the average look a lot better than it really is.Like in the 90s. when you add all the cash sums together for each year and divide them by the number of years you get the actual amount of growth over that period and not a percentage of a percentage .so when you look at the Shipley Bolger [Birch English finance ministers] govt in the 1990,s they only managed just under 1% per annum 8.5%total volume of growth over 9years[ my figures are the difference in the size of they the economy from when they started their tenure and what size it was when they finished not just a pure percentage which dosn,t take into acount when the economy goes backwards] in real growth,stats from New Zealand year book. Where the Clark[cullen finance minister]managed just over 3% per annum 28%total volume average real growth over their 9 years. then you look at Bil Englishs tenure 98-99-09-10-11,you get less than 1% growth in 5 years.Through that time their is another couple of stats that show that he has borrowed heavily and given tax cuts to the rich . So obviously his recipe for the economy is a complete FAILURE.then he complains about the previous govts growth was on the back of borrowing . Another lie go and have a look at your local library and you find the truth in the NZ year book borrowing grew no faster under the Clark than the Shipley Bolger govt or for that matter this Key govt the difference was that Cullen saved something like $30Billion in the cullen fund and kiwisaver .Key has reduced savings Changed private borrowing to govt borrowing and the total amount has stayed the same.the economy is faltering because of tax cuts for the rich and reduced savings[ allowing inflation to go up ] reducing the large percentage of Kiwis wealth while the top 2% get the bulk of Keys windfall. While the rest of us do it hard.

    • Chris 4.1
      22 July 2011 at 2:13 pm

      I know this isn’t adding anything to the discussion but please but some paragraphs in there. At the moment I just can’t read it.

  5. Colonial Viper 5
    22 July 2011 at 1:27 pm

    LAB will do better than NAT without a doubt, but net growth per capita is going to be extraordinarily hard to achieve in the next 5 years.

    • Peter 5.1
      22 July 2011 at 1:38 pm

      At least Labour will be concerned with distributing the benefits of any growth, this Blue team innately don’t give a toss!

  6. Lanthanide 6
    22 July 2011 at 1:29 pm

    If Labour wins the election and we have a massive peak-oil fuelled depression in the next term, I’m sure you’ll post a follow up graph showing that the Labour government was even worse than Key?

    This graph is pointless. There are too many confounding variables. If it was always a level playing ground in terms of international relations and technologies, we could compare which government was better. But as it is, there really is surprisingly little difference between the different governments.

    • lprent 6.1
      22 July 2011 at 1:34 pm

      …there really is surprisingly little difference between the different governments.

      That is why we have civil servants who advise politicians. They tend to advise against the really really stupid things across governments. But there is a consistently better performance from Labour governments IMHO because they tend to think on a longer term framework.

      They also tend to be a lot better at keeping the debt levels down or reducing them than National (contrary to National’s myths) is because debt acts as a brake on the economy.

      • bbfloyd 6.1.1
        22 July 2011 at 7:09 pm

        which highlights another point. national governments have traditionally been elected after periods of structural/economic reforms by labour governments. this has allowed them to foster (with print media assist) the myth of nationals superior economic skills, simply by doing nothing.

        the current government have snapped that cycle by undoing much of the groundwork done for them. seemingly for no more than party political posturing purposes.. we now have the true picture of nationals “skill” exposed for all to see.

  7. Peter 7
    22 July 2011 at 1:33 pm

    The employment record of the last Labour government was far better than this and the previous National government. I wonder what the historical records indicate?

  8. randal 8
    22 July 2011 at 1:56 pm

    yep the world is in for sea change at the moment. everybody assumes it is just going to carry on as per usual but growth everywhere will slow down as environmental constraints really start to bite and all the old dinosaurs land shibboleths like roopit and his ilk get swept away by events that are more powerful than the pitifully short sighted could ever imagine.

  9. Afewknowthetruth 9
    22 July 2011 at 2:45 pm

    Firstly, growth is the problem, not the answer. The more economic growth there is, the worse all the factors become that make life worth living and make life possible.

    Secondly, economic growth is predicated on risiing energy consumption and rising resource consumption. Neither is possible in a post peak world.

    Discussion about events that occured when increasing energy was available and before the world had been largely stripped of resources has no relevance to present day conditions.

    • mik e 9.1
      22 July 2011 at 7:26 pm

      A few thats not true either if transfer energy from to being reusable. recycling and sustainable we can create a whole new economy but we do have to reduce consumption and waste in lots of areas. the world doesn,t need all these resources we can do without. but giving up on the idea of change is against natures urges to survive for that is natures basic tennent SURVIVAL!

      • Viv 9.1.1
        22 July 2011 at 9:10 pm

        mik e . Realising that we can’t continue to have GDP growth as we know it is not ‘giving up on the idea of change’.
        Afewknowthetruth is right, growth is the problem. The planet is a closed system & continued expansion isn’t possible- how come so few people acknowledge this? Is labour going to start measuring more than just GDP? This is the 21st century, anyone heard of peak oil, water & arable land shortages, climate change? A bit more recyling & some greenwash aint gonna do it. NZ needs to ‘grow’ in food security and other areas of self reliance, not GDP.

        • Colonial Viper 9.1.1.1
          22 July 2011 at 10:15 pm

          A bit more recyling & some greenwash aint gonna do it.

          Yep.

          I also suggest that the next Government needs to do more than measure things other than GDP.

          They need to:
          – take 100,000 vehicles net off the roads a year.
          – double GST on all vehicles over 2L displacement
          – increase the cost of petrol to $3/L over 24 months.
          – hold 180 days reserve supply of liquid fuels in reserves onshore.
          – add 200MW in renewable electricity generation a year.
          – extend and electrify the NZ train network, electric trams and add NZ rolling stock to suit.
          – reduce the end user cost of public transport by 25%.
          – require substantially upgraded requirements in terms of building insulation, solar water heating, commercial process efficiencies.
          – price electricity in a way which greatly rewards lowered usage.
          – reserve (or if necessary nationalise) all currently untapped and undiscovered fossil fuel reserves as not for export for a period of 25 years
          – implement significant financial and asset reforms to crush financial and asset speculation once and for all.

          Steps to localise both food production and energy generation, as well as vastly improve the use of farmland and waterways is also essential.

          • Draco T Bastard 9.1.1.1.1
            22 July 2011 at 11:55 pm

            reduce the end user cost of public transport by 25% per year

            FIFY
            Public transport needs to be free.

            price electricity in a way which greatly rewards lowered usage.

            Been thinking about that and decided that it should be a block usage system. Buy a fixed amount of power for the month and any use over that is massively expensive. Have multiple size “blocks” that you can buy so as to suit different households but the larger blocks actually cost more so that people are incentivised to use less.

            require substantially upgraded requirements in terms of building insulation, solar water heating,

            This is an absolute must. We could save so much if we didn’t have such crap housing stock. Also need to have some means to force older houses up to the new standard.

            reserve (or if necessary nationalise) all currently untapped and undiscovered fossil fuel and other mineral reserves as not for export

            FIFY

            • Colonial Viper 9.1.1.1.1.1
              23 July 2011 at 12:02 am

              +1

              You sure you don’t want to start a political party with me sometime? 🙂

        • mik e 9.1.1.2
          23 July 2011 at 12:18 pm

          Viv Traditional industries are giong to stagnate, sooner or later their is going to need to be a huge growth in the short term to change the infrastructure . The only way I see your scenario working out is if we have a World govt one vote for every body.The powers that be won,t let that happen in our life time as the need for greed is a survival instinct that served us well before we became civilized we could only eat so much food in a day but now that instinct has been transfered to the modern world your going to have to convince a lot people to change their ways. Its probably a lot more sensible to work with the system as we can harness it to change rather than opting out or fighting it.

  10. stevedore 10
    22 July 2011 at 3:48 pm

    “…first, National’s disastrous Think Big, then, the neoliberal revolution and, now, Key’s bastardised amalgamation of the two wherein we sell assets to pay for motorways we don’t need.”

    = the best description of the current government I have read anywhere. Thanks! 

    • Afewknowthetruth 10.1
      22 July 2011 at 4:20 pm

      Think Big wasn’t a disaster for the corporations that benefited, just a disaster for NZ and the global environment.

      The neoliberal revolution wasn’t a disaster for the corporations that beneited, just a disaster for NZ and the global environmnet. .

      John Key’s policies are not a disaster for the corporations that benefit, just a disaster for NZ and the global environment.

      • Colonial Viper 10.1.1
        22 July 2011 at 4:53 pm

        NZ has been living off several of the Think Big projects.

        We need several more. A billion in year invested in renewable energy sources and energy use reduction, for instance.

  11. side show bob 11
    22 July 2011 at 3:51 pm

    Oh sorry, my mistake I thought it was Labour’s polling graph.

    • Mac1 11.1
      22 July 2011 at 5:56 pm

      In a way it is,ssb. After the Nats klutzing up the economy, Labour came in to sort it- which it did- in ’35, ’57, ’72, ’84 and 1999.

      Guess what happens in 2011 after another Natastrophe?

  12. Nick C 12
    22 July 2011 at 5:28 pm

    Just comparing that graph to this one, I suspect the strong correlation is not between National and low growth vs labour and high growth, but in fact a correlation between low govt expenditure as a % of GDP and high growth: http://www.2025taskforce.govt.nz/firstreport/28.htm

    • Colonial Viper 12.1
      22 July 2011 at 5:57 pm

      but in fact a correlation between low govt expenditure as a % of GDP and high growth:

      **facepalm**

      Good on you for not spotting the dependent variables there

      • Nick C 12.1.1
        22 July 2011 at 6:13 pm

        Well clearly if they are both correlated then the dependent variable is govt spending as a % of GDP and the independent variable is who is in government. My real point is that I don’t care whether the ‘red team’ or the ‘blue team’ is in government, I care what policies they are implimenting to achieve higher growth.

        • Lanthanide 12.1.1.1
          22 July 2011 at 6:21 pm

          So surely you should vote for the team that does that best…

        • Colonial Viper 12.1.1.2
          22 July 2011 at 6:26 pm

          jeeezzuz dude

          The reason that it looks like govt expenditure as a % of GDP is low during booms is because GDP expands, reducing the size of the metric.

          Same with why govt expenditure as a % of GDP is high during crashes, i.e. because GDP nosedives, increasing the size of the metric.

          Sheesh.

          If anything, Government expenditure is something that the economy can rely upon for stability through the ups and downs of the neoclassical business cycle.

          • Nick C 12.1.1.2.1
            22 July 2011 at 6:51 pm

            That is true, but it doesnt mean that govt spending as a % of GDP is the exclusivly dependent variable. GDP growth can also be dependent on high or low government spending. If govt spending as a % of GDP were the exclusily dependent variable you would expect to see govt spending as a % of GDP going up and down once every 5-10 years in a constant cycle, but with no long term trends. That clearly isnt the case. GDP growth is quite high up until the early 70’s which can be expained by consistently low Govt Spending % of GDP ratio until then. Muldoon came in and implimented Think Big and other terrible investments. GDP growth slowed. Ruth Richardson came in and cut government spending, but not to pre 1970’s levels. GDP growth increased, but not to pre 1970s levels.

            So it goes both ways, you would have to be a fool to think otherwise.

            • Colonial Viper 12.1.1.2.1.1
              22 July 2011 at 6:58 pm

              So it goes both ways, you would have to be a fool to think otherwise.

              Well I don’t know about that, I was just criticising what you said:

              I suspect the strong correlation is not between National and low growth vs labour and high growth, but in fact a correlation between low govt expenditure as a % of GDP and high growth

              Of course its “correlated”, after all GDP is the denominator of the metric you use.

            • Draco T Bastard 12.1.1.2.1.2
              22 July 2011 at 8:53 pm

              GDP growth is quite high up until the early 70′s which can be expained by consistently low Govt Spending %…

              No it can’t. Believing that is just more of the believing that correlation is causation delusion.

              What’s more likely is that up until the 1960s productivity growth was easy due to increasing amounts of cheap oil, associated easy mechanisation and access to British markets. From the early 1970s NZ’s terms of trade began to decline due to Britain entering the EEC, a couple of oil shocks, mechanisation becoming more complex and thus more expensive and the world economy slowing due to the developed world entering into a Crisis of Capitalism – can produce lots but can’t sell it (IMO, this is actually the main driver to become a financial hub as profits from industrialism are declining).

              • Colonial Viper …
                22 July 2011 at 9:01 pm

                IMO, this is actually the main driver to become a financial hub as profits from industrialism are declining).

                The smart money recognised this in the early to mid 1980’s. The primary game changed from making money from railways toys cars and tech to making money from money.

                • Draco T Bastard …
                  23 July 2011 at 12:04 am

                  Making money from money massively ups the dead weight loss of profit on the economy slowing growth* even more.

                  * I really do hate that word in respect to economics. It fits in some ways like when talking about making process improvements to use less resources (Human and material) but it’s usual meaning when used is to make bigger, use more resources which is just plain stupid. Labours promise to grow the economy and have more jobs (paraphrased) fits the latter meaning.

                  • Colonial Viper …
                    23 July 2011 at 12:09 am

                    Labours promise to grow the economy and have more jobs (paraphrased) fits the latter meaning.

                    Yes I know, I know.

                    Adequate pay to work a 4 day working week, spread jobs around wider, and have a tonne of currently unleft work in terms of emotional labour and rebuilding national infrastructure sorted out.

                    Unemployment <2% within 18 months.

            • mik e 12.1.1.2.1.3
              23 July 2011 at 10:47 am

              NC Mother England was subsidizing us then . We were taken away from her apron strings, although we were told in 1956 this would be happening around 1972 NZ made no plans to change and diversify our economy so thats why our economy tanked in the 70s onward The right still haven,t figured it out yet. Roger Douglas destroyed a lot of our industrial capacity then virtually destroyed[While smart economies redirected and developed those capacities], our on going research and development was decimated by Roger Douglas and further decimated by successive National govts.They think they can fix the economy by cutting costs including this Key/English who have cut R&D innovation spending very crudely , when research needs to be consistent and ongoing to be affective . The research has shown that economies that spend heavily in this area are growing and will continue to grow much faster. ie. Singapore ,South Korea, Germany ,China .

        • mik e 12.1.1.3
          22 July 2011 at 6:43 pm

          Well Nick C Keys Govt is doing a lot of the WRONG things reducing savings when we should be increasing saving it keeps inflation down as well as making interest rates cheaper and investment money more readily available which combines to keep our dollar down.Reducing investment in R&D and innovation. As you can see in the above graph GOVERNMENTS who spread wealth around get more growth. National are basically doing all the wrong things

          • Nick C 12.1.1.3.1
            22 July 2011 at 6:57 pm

            “As you can see in the above graph GOVERNMENTS who spread wealth around get more growth.”

            Nonsense, if anything it shows the other way round. Do you really think that welfare spending under Holland and Holyoake was higher than it is today?

            • Colonial Viper 12.1.1.3.1.1
              22 July 2011 at 6:59 pm

              YES i.e. benefits were far higher as a % of the median wage

            • mik e 12.1.1.3.1.2
              23 July 2011 at 10:02 am

              Those govts spent more on housing state housing plus state advances loans at 3% for private housing and farms for under 36year olds as well as subsidizing milk butter [ for local consumption] wool and meat car assembly and other import substitution.public works. They also kept the pound in those days pegged!people who don,t know their hisTORY !

              • Colonial Viper …
                23 July 2011 at 10:08 am

                Yeah wait until they read about the massive land confiscations which occurred in NZ in the 1890’s. That’ll get them going . End of the world it was eh. (In fact every farmer today owes their livelihood to that Government action).

    • Puddleglum 12.2
      22 July 2011 at 6:25 pm

      Starter for 10: Why might government expenditure as a proportion of GDP go up in a recession? (Hint: GDP is going down. Another hint: Unemployment goes up).

      Thanks for showing me part of the 2025 Taskforce first report. Now I realise why Key disbanded it. The reasoning is appalling and shows all the hallmarks of what Blue (above) accuses the poster of – to quote Blue:

      “In any research, it is important to look at all sides of the data. From this graph you can certainly get a correlation between governments and growth. However, this is bivariate data, multivariate data gives a true picture of these types of relationships. So if you want to correlate anything – you can” 

      Brash needed to chat with Blue before he wrote his first report. 

      And here’s the ‘official’ GDP growth for the past couple of decades. 

      • Colonial Viper 12.2.1
        22 July 2011 at 6:32 pm

        haha you pipped me to it

      • mik e 12.2.2
        22 July 2011 at 6:55 pm

        This Graph is only percentage change not the volume of growth . but it clearly shows the short term growth around the tax cuts followed by the long recession .The actual growth in dollar terms is far more accurate than percentage change, percentage change of what! thats what ACT & National have been hiding behind including Roger Douglas.

  13. lefty 13
    23 July 2011 at 9:35 am

    There is no doubt that Labour is better at managing capitalism than National.

    I am not sure that is something to boast about.

    • mik e 13.1
      23 July 2011 at 10:19 am

      Lefty that because they know what works better in taming the wild beast called capitalism which very cyclical the right want to take all the controls of laissez fair [sheel be right mate the market knows best] but we have modern research now with very powerful computers and much better educated statisticians their research shows that in fact their are no laissez fair economies succeeding[every time I here ACT put up a country thats following their policies I just laugh because their either telling lies or the country usually tanks it within a few months of these claims ie Argentina 1998 election and Roger Kerr claiming Singapore was the ultimate free market just recently an out an out lie] just like there are no communist states succeeding so the balance is some where in between.

  14. felix 14
    23 July 2011 at 9:47 am

    How about we just agree that the ALCP grows better and leave it at that.

  15. Afewknowthetruth 15
    23 July 2011 at 11:39 am

    I suppose people will recognise that GDP is a fraud and does not measure progress some time after the system has collpsed.

  16. Bored 16
    23 July 2011 at 12:53 pm

    So for the historic record, it iis conclusive, Labour governments did better at growth than National. Not surprised actually, doing the right thing by everybody instead of by your mates only is always going to get a better result.

    Next question: who will do better in a shrinking economy (for the next 50 years or so till it bottoms out), and why?

  17. Ianupnorth 17
    23 July 2011 at 1:55 pm

    I’ve posted this on Open Mike, but it is worth adding here as it should contribute to the debate –

    Something really nice about seeing the most right wing paper in the UK suddenly realise everything they have believed in has created the current global meltdown!

    http://www.telegraph.co.uk/news/politics/8655106/Im-starting-to-think-that-the-Left-might-actually-be-right.html

    It has taken me more than 30 years as a journalist to ask myself this question, but this week I find that I must: is the Left right after all? You see, one of the great arguments of the Left is that what the Right calls “the free market” is actually a set-up.

    The rich run a global system that allows them to accumulate capital and pay the lowest possible price for labour. The freedom that results applies only to them. The many simply have to work harder, in conditions that grow ever more insecure, to enrich the few. Democratic politics, which purports to enrich the many, is actually in the pocket of those bankers, media barons and other moguls who run and own everything.

    John Key, are you listening?

  18. Richard 18
    3 August 2011 at 2:10 pm

    By the same argument I’m sure it would be found that George Bush is an economic maestro.

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  • Bernard's six-stack of substacks at 6:26 pm
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    The KakaBy Bernard Hickey
    3 days ago

  • At a glance – Is the science settled?
    On February 14, 2023 we announced our Rebuttal Update Project. This included an ask for feedback about the added "At a glance" section in the updated basic rebuttal versions. This weekly blog post series highlights this new section of one of the updated basic rebuttal versions and serves as a ...
    Skeptical Science
    3 days ago

  • Apposite Quotations.
    How Long Is Long Enough? Gaza under Israeli bombardment, July 2014. This posting is exclusive to Bowalley Road. ...
    Bowalley Road
    3 days ago

  • What’s a life worth now?
    You're in the mall when you hear it: some kind of popping sound in the distance, kids with fireworks, maybe. But then a moment of eerie stillness is followed by more of the fireworks sound and there’s also screaming and shrieking and now here come people running for their lives.Does ...
    More Than A FeildingBy David Slack
    3 days ago

  • Howling at the Moon
    Karl du Fresne writes –  There’s a crisis in the news media and the media are blaming it on everyone except themselves. Culpability is being deflected elsewhere – mainly to the hapless Minister of Communications, Melissa Lee, and the big social media platforms that are accused of hoovering ...
    Point of OrderBy poonzteam5443
    3 days ago

  • Newshub is Dead.
    I don’t normally send out two newsletters in a day but I figured I’d say something about… the news. If two newsletters is a bit much then maybe just skip one, I don’t want to overload people. Alternatively if you’d be interested in sometimes receiving multiple, smaller updates from me, ...
    Nick’s KōreroBy Nick Rockel
    3 days ago

  • Seymour is chuffed about cutting early-learning red tape – but we hear, too, that Jones has loose...
    Buzz from the Beehive David Seymour and Winston Peters today signalled that at least two ministers of the Crown might be in Wellington today. Seymour (as Associate Minister of Education) announced the removal of more red tape, this time to make it easier for new early learning services to be ...
    Point of OrderBy Bob Edlin
    3 days ago

  • Bryce Edwards: Will politicians let democracy die in the darkness?
    Politicians across the political spectrum are implicated in the New Zealand media’s failing health. Either through neglect or incompetent interventions, successive governments have failed to regulate, foster, and allow a healthy Fourth Estate that can adequately hold politicians and the powerful to account. Our political system is suffering from the ...
    Democracy ProjectBy bryce.edwards
    4 days ago

  • Was Hawkesby entirely wrong?
    David Farrar  writes –  The Broadcasting Standards Authority ruled: Comments by radio host Kate Hawkesby suggesting Māori and Pacific patients were being prioritised for surgery due to their ethnicity were misleading and discriminatory, the Broadcasting Standards Authority has found. It is a fact such patients are prioritised. ...
    Point of OrderBy poonzteam5443
    4 days ago

  • PRC shadow looms as the Solomons head for election
    PRC and its proxies in Solomons have been preparing for these elections for a long time. A lot of money, effort and intelligence have gone into ensuring an outcome that won’t compromise Beijing’s plans. Cleo Paskall writes – On April 17th the Solomon Islands, a country of ...
    Point of OrderBy poonzteam5443
    4 days ago

  • Climate Change: Criminal ecocide
    We are in the middle of a climate crisis. Last year was (again) the hottest year on record. NOAA has just announced another global coral bleaching event. Floods are threatening UK food security. So naturally, Shane Jones wants to make it easier to mine coal: Resources Minister Shane Jones ...
    No Right TurnBy Idiot/Savant
    4 days ago

  • Is saving one minute of a politician's time worth nearly $1 billion?
    Is speeding up the trip to and from Wellington airport by 12 minutes worth spending up more than $10 billion? Photo: Lynn Grieveson / The KākāTL;DR: The six news items that stood out to me in the last day to 8:26 am today are:The Lead: Transport Minister Simeon Brown announced ...
    The KakaBy Bernard Hickey
    4 days ago

  • Long Tunnel or Long Con?
    Yesterday it was revealed that Transport Minister had asked Waka Kotahi to look at the options for a long tunnel through Wellington. State Highway 1 (SH1) through Wellington City is heavily congested at peak times and while planning continues on the duplicate Mt Victoria Tunnel and Basin Reserve project, the ...
    Greater AucklandBy Matt L
    4 days ago

  • Smoke And Mirrors.
    You're a fraud, and you know itBut it's too good to throw it all awayAnyone would do the sameYou've got 'em goingAnd you're careful not to show itSometimes you even fool yourself a bitIt's like magicBut it's always been a smoke and mirrors gameAnyone would do the sameForty six billion ...
    Nick’s KōreroBy Nick Rockel
    4 days ago

  • What is Mexico doing about climate change?
    This is a re-post from Yale Climate Connections The June general election in Mexico could mark a turning point in ensuring that the country’s climate policies better reflect the desire of its citizens to address the climate crisis, with both leading presidential candidates expressing support for renewable energy. Mexico is the ...
    Skeptical Science
    4 days ago

  • State of humanity, 2024
    2024, it feels, keeps presenting us with ever more challenges, ever more dismay.Do you give up yet? It seems to ask.No? How about this? Or this?How about this?When I say 2024 I really mean the state of humanity in 2024.Saturday night, we watched Civil War because that is one terrifying cliff we've ...
    More Than A FeildingBy David Slack
    4 days ago

  • Govt’s Wellington tunnel vision aims to ease the way to the airport (but zealous promoters of cycl...
    Buzz from the Beehive A pet project and governmental tunnel vision jump out from the latest batch of ministerial announcements. The government is keen to assure us of its concern for the wellbeing of our pets. It will be introducing pet bonds in a change to the Residential Tenancies Act ...
    Point of OrderBy Bob Edlin
    4 days ago

  • The case for cultural connectedness
    A recent report generated from a Growing Up in New Zealand (GUiNZ) survey of 1,224 rangatahi Māori aged 11-12 found: Cultural connectedness was associated with fewer depression symptoms, anxiety symptoms and better quality of life. That sounds cut and dry. But further into the report the following appears: Cultural connectedness is ...
    Point of OrderBy poonzteam5443
    5 days ago

  • Useful context on public sector job cuts
    David Farrar writes –    The Herald reports: From the gory details of job-cuts news, you’d think the public service was being eviscerated.   While the media’s view of the cuts is incomplete, it’s also true that departments have been leaking the particulars faster than a Wellington ...
    Point of OrderBy poonzteam5443
    5 days ago

  • Gordon Campbell On When Racism Comes Disguised As Anti-racism
    Remember the good old days, back when New Zealand had a PM who could think and speak calmly and intelligently in whole sentences without blustering? Even while Iran’s drones and missiles were still being launched, Helen Clark was live on TVNZ expertly summing up the latest crisis in the Middle ...
    Gordon CampbellBy lyndon
    5 days ago

  • Govt ignored economic analysis of smokefree reversal
    Costello did not pass on analysis of the benefits of the smokefree reforms to Cabinet, emphasising instead the extra tax revenues of repealing them. Photo: Hagen Hopkins, Getty Images TL;DR: The six news items that stood out to me at 7:26 am today are:The Lead: Casey Costello never passed on ...
    The KakaBy Bernard Hickey
    5 days ago

  • True Blue.
    True loveYou're the one I'm dreaming ofYour heart fits me like a gloveAnd I'm gonna be true blueBaby, I love youI’ve written about the job cuts in our news media last week. The impact on individuals, and the loss to Aotearoa of voices covering our news from different angles.That by ...
    Nick’s KōreroBy Nick Rockel
    5 days ago

  • Who is running New Zealand’s foreign policy?
    While commentators, including former Prime Minister Helen Clark, are noting a subtle shift in New Zealand’s foreign policy, which now places more emphasis on the United States, many have missed a key element of the shift. What National said before the election is not what the government is doing now. ...
    PolitikBy Richard Harman
    5 days ago

  • $41m to support clean energy in South East Asia
    New Zealand is demonstrating its commitment to reducing global greenhouse emissions, and supporting clean energy transition in South East Asia, through a contribution of NZ$41 million (US$25 million) in climate finance to the Asian Development Bank (ADB)-led Energy Transition Mechanism (ETM). Prime Minister Christopher Luxon and Climate Change Minister Simon Watts announced ...
    BeehiveBy beehive.govt.nz
    10 hours ago

  • Minister releases Fast-track stakeholder list
    The Government is today releasing a list of organisations who received letters about the Fast-track applications process, says RMA Reform Minister Chris Bishop. “Recently Ministers and agencies have received a series of OIA requests for a list of organisations to whom I wrote with information on applying to have a ...
    BeehiveBy beehive.govt.nz
    12 hours ago

  • Judicial appointments announced
    Attorney-General Judith Collins today announced the appointment of Wellington Barrister David Jonathan Boldt as a Judge of the High Court, and the Honourable Justice Matthew Palmer as a Judge of the Court of Appeal. Justice Boldt graduated with an LLB from Victoria University of Wellington in 1990, and also holds ...
    BeehiveBy beehive.govt.nz
    13 hours ago

  • Education Minister heads to major teaching summit in Singapore
    Education Minister Erica Stanford will lead the New Zealand delegation at the 2024 International Summit on the Teaching Profession (ISTP) held in Singapore. The delegation includes representatives from the Post Primary Teachers’ Association (PPTA) Te Wehengarua and the New Zealand Educational Institute (NZEI) Te Riu Roa.  The summit is co-hosted ...
    BeehiveBy beehive.govt.nz
    14 hours ago

  • Value of stopbank project proven during cyclone
    A stopbank upgrade project in Tairawhiti partly funded by the Government has increased flood resilience for around 7000ha of residential and horticultural land so far, Regional Development Minister Shane Jones says. Mr Jones today attended a dawn service in Gisborne to mark the end of the first stage of the ...
    BeehiveBy beehive.govt.nz
    14 hours ago

  • Anzac commemorations, Türkiye relationship focus of visit
    Foreign Affairs Minister Winston Peters will represent the Government at Anzac Day commemorations on the Gallipoli Peninsula next week and engage with senior representatives of the Turkish government in Istanbul.    “The Gallipoli campaign is a defining event in our history. It will be a privilege to share the occasion ...
    BeehiveBy beehive.govt.nz
    14 hours ago

  • Minister to Europe for OECD meeting, Anzac Day
    Science, Innovation and Technology and Defence Minister Judith Collins will next week attend the OECD Science and Technology Ministerial conference in Paris and Anzac Day commemorations in Belgium. “Science, innovation and technology have a major role to play in rebuilding our economy and achieving better health, environmental and social outcomes ...
    BeehiveBy beehive.govt.nz
    16 hours ago

  • Comprehensive Partnership the goal for NZ and the Philippines
    Prime Minister Christopher Luxon held a bilateral meeting today with the President of the Philippines, Ferdinand Marcos Jr.  The Prime Minister was accompanied by MP Paulo Garcia, the first Filipino to be elected to a legislature outside the Philippines. During today’s meeting, Prime Minister Luxon and President Marcos Jr discussed opportunities to ...
    BeehiveBy beehive.govt.nz
    1 day ago

  • Government commits $20m to Westport flood protection
    The Government has announced that $20 million in funding will be made available to Westport to fund much needed flood protection around the town. This measure will significantly improve the resilience of the community, says Local Government Minister Simeon Brown. “The Westport community has already been allocated almost $3 million ...
    BeehiveBy beehive.govt.nz
    1 day ago

  • Taupō takes pole position
    The Government is proud to support the first ever Repco Supercars Championship event in Taupō as up to 70,000 motorsport fans attend the Taupō International Motorsport Park this weekend, says Economic Development Minister Melissa Lee. “Anticipation for the ITM Taupō Super400 is huge, with tickets and accommodation selling out weeks ...
    BeehiveBy beehive.govt.nz
    1 day ago

  • Cost of living support for low-income homeowners
    Local Government Minister Simeon Brown has announced an increase to the Rates Rebate Scheme, putting money back into the pockets of low-income homeowners.  “The coalition Government is committed to bringing down the cost of living for New Zealanders. That includes targeted support for those Kiwis who are doing things tough, such ...
    BeehiveBy beehive.govt.nz
    2 days ago

  • Government backing mussel spat project
    The Coalition Government is investing in a project to boost survival rates of New Zealand mussels and grow the industry, Oceans and Fisheries Minister Shane Jones has announced. “This project seeks to increase the resilience of our mussels and significantly boost the sector’s productivity,” Mr Jones says. “The project - ...
    BeehiveBy beehive.govt.nz
    2 days ago

  • Government focused on getting people into work
    Benefit figures released today underscore the importance of the Government’s plan to rebuild the economy and have 50,000 fewer people on Jobseeker Support, Social Development and Employment Minister Louise Upston says. “Benefit numbers are still significantly higher than when National was last in government, when there was about 70,000 fewer ...
    BeehiveBy beehive.govt.nz
    2 days ago

  • Clean energy key driver to reducing emissions
    The Government’s commitment to doubling New Zealand’s renewable energy capacity is backed by new data showing that clean energy has helped the country reach its lowest annual gross emissions since 1999, Climate Change Minister Simon Watts says. New Zealand’s latest Greenhouse Gas Inventory (1990-2022) published today, shows gross emissions fell ...
    BeehiveBy beehive.govt.nz
    2 days ago

  • Earthquake-prone buildings review brought forward
    The Government is bringing the earthquake-prone building review forward, with work to start immediately, and extending the deadline for remediations by four years, Building and Construction Minister Chris Penk says. “Our Government is focused on rebuilding the economy. A key part of our plan is to cut red tape that ...
    BeehiveBy beehive.govt.nz
    2 days ago

  • Thailand and NZ to agree to Strategic Partnership
    Prime Minister Christopher Luxon and his Thai counterpart, Prime Minister Srettha Thavisin, have today agreed that New Zealand and the Kingdom of Thailand will upgrade the bilateral relationship to a Strategic Partnership by 2026. “New Zealand and Thailand have a lot to offer each other. We have a strong mutual desire to build ...
    BeehiveBy beehive.govt.nz
    2 days ago

  • Government consults on extending coastal permits for ports
    RMA Reform Minister Chris Bishop and Transport Minister Simeon Brown have today announced the Coalition Government’s intention to extend port coastal permits for a further 20 years, providing port operators with certainty to continue their operations. “The introduction of the Resource Management Act in 1991 required ports to obtain coastal ...
    BeehiveBy beehive.govt.nz
    3 days ago

  • Inflation coming down, but more work to do
    Today’s announcement that inflation is down to 4 per cent is encouraging news for Kiwis, but there is more work to be done - underlining the importance of the Government’s plan to get the economy back on track, acting Finance Minister Chris Bishop says. “Inflation is now at 4 per ...
    BeehiveBy beehive.govt.nz
    3 days ago

  • School attendance restored as a priority in health advice
    Refreshed health guidance released today will help parents and schools make informed decisions about whether their child needs to be in school, addressing one of the key issues affecting school attendance, says Associate Education Minister David Seymour. In recent years, consistently across all school terms, short-term illness or medical reasons ...
    BeehiveBy beehive.govt.nz
    3 days ago

  • Unnecessary bureaucracy cut in oceans sector
    Oceans and Fisheries Minister Shane Jones is streamlining high-level oceans management while maintaining a focus on supporting the sector’s role in the export-led recovery of the economy. “I am working to realise the untapped potential of our fishing and aquaculture sector. To achieve that we need to be smarter with ...
    BeehiveBy beehive.govt.nz
    3 days ago

  • Patterson promoting NZ’s wool sector at International Congress
    Associate Agriculture Minister Mark Patterson is speaking at the International Wool Textile Organisation Congress in Adelaide, promoting New Zealand wool, and outlining the coalition Government’s support for the revitalisation the sector.    "New Zealand’s wool exports reached $400 million in the year to 30 June 2023, and the coalition Government ...
    BeehiveBy beehive.govt.nz
    4 days ago

  • Removing red tape to help early learners thrive
    The Government is making legislative changes to make it easier for new early learning services to be established, and for existing services to operate, Associate Education Minister David Seymour says. The changes involve repealing the network approval provisions that apply when someone wants to establish a new early learning service, ...
    BeehiveBy beehive.govt.nz
    4 days ago

  • RMA changes to cut coal mining consent red tape
    Changes to the Resource Management Act will align consenting for coal mining to other forms of mining to reduce barriers that are holding back economic development, Resources Minister Shane Jones says. “The inconsistent treatment of coal mining compared with other extractive activities is burdensome red tape that fails to acknowledge ...
    BeehiveBy beehive.govt.nz
    4 days ago

  • McClay reaffirms strong NZ-China trade relationship
    Trade, Agriculture and Forestry Minister Todd McClay has concluded productive discussions with ministerial counterparts in Beijing today, in support of the New Zealand-China trade and economic relationship. “My meeting with Commerce Minister Wang Wentao reaffirmed the complementary nature of the bilateral trade relationship, with our Free Trade Agreement at its ...
    BeehiveBy beehive.govt.nz
    4 days ago

  • Prime Minister Luxon acknowledges legacy of Singapore Prime Minister Lee
    Prime Minister Christopher Luxon today paid tribute to Singapore’s outgoing Prime Minister Lee Hsien Loong.   Meeting in Singapore today immediately before Prime Minister Lee announced he was stepping down, Prime Minister Luxon warmly acknowledged his counterpart’s almost twenty years as leader, and the enduring legacy he has left for Singapore and South East ...
    BeehiveBy beehive.govt.nz
    4 days ago

  • PMs Luxon and Lee deepen Singapore-NZ ties
    Prime Minister Christopher Luxon held a bilateral meeting today with Singapore Prime Minister Lee Hsien Loong. While in Singapore as part of his visit to South East Asia this week, Prime Minister Luxon also met with Singapore President Tharman Shanmugaratnam and will meet with Deputy Prime Minister Lawrence Wong.  During today’s meeting, Prime Minister Luxon ...
    BeehiveBy beehive.govt.nz
    4 days ago

  • Antarctica New Zealand Board appointments
    Foreign Minister Winston Peters has made further appointments to the Board of Antarctica New Zealand as part of a continued effort to ensure the Scott Base Redevelopment project is delivered in a cost-effective and efficient manner.  The Minister has appointed Neville Harris as a new member of the Board. Mr ...
    BeehiveBy beehive.govt.nz
    4 days ago

  • Finance Minister travels to Washington DC
    Finance Minister Nicola Willis will travel to the United States on Tuesday to attend a meeting of the Five Finance Ministers group, with counterparts from Australia, the United States, Canada, and the United Kingdom.  “I am looking forward to meeting with our Five Finance partners on how we can work ...
    BeehiveBy beehive.govt.nz
    4 days ago

  • Pet bonds a win/win for renters and landlords
    The coalition Government has today announced purrfect and pawsitive changes to the Residential Tenancies Act to give tenants with pets greater choice when looking for a rental property, says Housing Minister Chris Bishop. “Pets are important members of many Kiwi families. It’s estimated that around 64 per cent of New ...
    BeehiveBy beehive.govt.nz
    5 days ago

  • Long Tunnel for SH1 Wellington being considered
    State Highway 1 (SH1) through Wellington City is heavily congested at peak times and while planning continues on the duplicate Mt Victoria Tunnel and Basin Reserve project, the Government has also asked NZ Transport Agency (NZTA) to consider and provide advice on a Long Tunnel option, Transport Minister Simeon Brown ...
    BeehiveBy beehive.govt.nz
    5 days ago

  • New Zealand condemns Iranian strikes
    Prime Minister Christopher Luxon and Foreign Minister Winston Peters have condemned Iran’s shocking and illegal strikes against Israel.    “These attacks are a major challenge to peace and stability in a region already under enormous pressure," Mr Luxon says.    "We are deeply concerned that miscalculation on any side could ...
    BeehiveBy beehive.govt.nz
    5 days ago

  • Huge interest in Government’s infrastructure plans
    Hundreds of people in little over a week have turned out in Northland to hear Regional Development Minister Shane Jones speak about plans for boosting the regional economy through infrastructure. About 200 people from the infrastructure and associated sectors attended an event headlined by Mr Jones in Whangarei today. Last ...
    BeehiveBy beehive.govt.nz
    1 week ago

  • Health Minister thanks outgoing Health New Zealand Chair
    Health Minister Dr Shane Reti has today thanked outgoing Health New Zealand – Te Whatu Ora Chair Dame Karen Poutasi for her service on the Board.   “Dame Karen tendered her resignation as Chair and as a member of the Board today,” says Dr Reti.  “I have asked her to ...
    BeehiveBy beehive.govt.nz
    1 week ago

  • Roads of National Significance planning underway
    The NZ Transport Agency (NZTA) has signalled their proposed delivery approach for the Government’s 15 Roads of National Significance (RoNS), with the release of the State Highway Investment Proposal (SHIP) today, Transport Minister Simeon Brown says.  “Boosting economic growth and productivity is a key part of the Government’s plan to ...
    BeehiveBy beehive.govt.nz
    1 week ago

  • Navigating an unstable global environment
    New Zealand is renewing its connections with a world facing urgent challenges by pursuing an active, energetic foreign policy, Foreign Minister Winston Peters says.   “Our country faces the most unstable global environment in decades,” Mr Peters says at the conclusion of two weeks of engagements in Egypt, Europe and the United States.    “We cannot afford to sit back in splendid ...
    BeehiveBy beehive.govt.nz
    1 week ago

  • NZ welcomes Australian Governor-General
    Prime Minister Christopher Luxon has announced the Australian Governor-General, His Excellency General The Honourable David Hurley and his wife Her Excellency Mrs Linda Hurley, will make a State visit to New Zealand from Tuesday 16 April to Thursday 18 April. The visit reciprocates the State visit of former Governor-General Dame Patsy Reddy ...
    BeehiveBy beehive.govt.nz
    1 week ago

  • Pseudoephedrine back on shelves for Winter
    Associate Health Minister David Seymour has announced that Medsafe has approved 11 cold and flu medicines containing pseudoephedrine. Pharmaceutical suppliers have indicated they may be able to supply the first products in June. “This is much earlier than the original expectation of medicines being available by 2025. The Government recognised ...
    BeehiveBy beehive.govt.nz
    1 week ago

  • NZ and the US: an ever closer partnership
    New Zealand and the United States have recommitted to their strategic partnership in Washington DC today, pledging to work ever more closely together in support of shared values and interests, Foreign Minister Winston Peters says.    “The strategic environment that New Zealand and the United States face is considerably more ...
    BeehiveBy beehive.govt.nz
    1 week ago

  • Joint US and NZ declaration
    April 11, 2024 Joint Declaration by United States Secretary of State the Honorable Antony J. Blinken and New Zealand Minister of Foreign Affairs the Right Honourable Winston Peters We met today in Washington, D.C. to recommit to the historic partnership between our two countries and the principles that underpin it—rule ...
    BeehiveBy beehive.govt.nz
    1 week ago

  • NZ and US to undertake further practical Pacific cooperation
    Foreign Minister Winston Peters has announced further New Zealand cooperation with the United States in the Pacific Islands region through $16.4 million in funding for initiatives in digital connectivity and oceans and fisheries research.   “New Zealand can achieve more in the Pacific if we work together more urgently and ...
    BeehiveBy beehive.govt.nz
    1 week ago

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