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Widening movement for monetary policy reform

Written By: - Date published: 11:15 pm, June 24th, 2010 - 42 comments
Categories: monetary policy - Tags: , , , , , ,

It’s good to see a consensus forming in the Left that change is needed to monetary policy, and it’s excellent to see so much agreement from the Right. Currently, the Reserve Bank manages monetary policy by moving the Official Cash Rate in an attempt to keep the rate of inflation between 1-3% target.

In the textbooks, they tell you inflation targeting works by taking money out of the pockets of borrowers and giving it too savers (when the interest rate is raised) to slow down the economy and vice versa when the economy needs a boost. And maybe that is how it works in a large economy that is primarily moved by its internal markets (the people who came up with this idea were thinking about the US).

But it doesn’t work like that for New Zealand. Mortgagees have dulled the effect of monetary policy on them by taking fixed rate mortgages that don’t move with OCR changes. As small trading nation with large current account and capital account flows, moving the interest rate impacts our economy mostly by moving the exchange rate. Higher interest rates bring in more hot money from overseas, that means for demand for NZD, meaning a higher exchange rate – and vice versa. Higher OCR = higher exchange rate and that is bad news for exporters. It is by hurting exporters that rising OCR cools the economy.

And this is doubly problematic because the hot money becomes cheap capital for the banks to loan out as mortgages. We saw this before the credit crunch: a wall of foreign credit that fueled the housing boom, while exporters laboured under a high exchange rate. It will happen again. It is already happening again.

Inflation targeting has always been a blunt tool and, in this country, it is hitting the wrong part of the economy.

The Fabians have been doing a great job bringing this issue to the fore. Now, Labour, in speeches from David Parker and Phil Goff, has confirmed that it will change the monetary policy, joining the Greens in calling for reform. Labour’s idea is to give the Reserve Bank more active powers over banks’ capital ratios (the fraction of capital that a bank is required to hold compared to the amount it has on loan).

Basically, rather than making borrowing more expensive via the OCR, the Reserve Bank could control how much the banks can loan by raising their capital ratios . Both serve to decrease the amount borrowed and increase the amount saved when needed to cool inflation. But the advantage of using capital ratios is it should have less of an impact on the exchange rate and would counteract the effect of hot money.

Labour is also talking about giving the Reserve Bank a wider mandate. Simply focusing on inflation is stupid, it makes inflation control an end in itself, which it shouldn’t be. Labour says it will add objectives such as full employment and a competitive exchange rate for the Reserve Bank to balance.

There’s been positive reception from the CTU, the Manufacturers and Employers’ Association, and the Productive Economy Council says “Goff’s announcement will split the business vote”. It may well happen if National remains stuck in the failed neoliberal ideology.

Unique in the world, we task our Reserve Bank with only one goal – keeping inflation in the target range – and give it one blunt tool to achieve it. Adding other objectives would bring us into line with other countries and giving the Bank better tools is long overdue. We need a smarter, more sophisticated approach to monetary policy and it is great to see the Left pushing for it.

42 comments on “Widening movement for monetary policy reform ”

  1. RedLogix 1

    While I remain sceptical of Goff’s ability to take the PR fight back to the right wing spin machine, this speech and the one from Parker is a pleasure to read. Virtually every point in it is stuff I, and many others, have been making for years. The depth and cohesion on show here stands in stark contrast to anything Key has said…ever. Two aspects stand out in particular:

    1. Finally recognition of the need to tightly regulate the finance sector. When powerful unions dominated the scene over 40 years ago, the mere threat of wage driven inflation caused panicky govts to introduce policies limit their power. To the point where unions in this country are still regulated to within an inch of their lives.

    By contrast when an out of control finance industry unleashed a torrent of credit, that actually caused massive asset price inflation… the establishment refused to bat an eyelid. Mainly because so many of them were making out like bandits on the back of it.

    The consequence of excessive speculative debt is always the same, tears before bedtime. We now have a once in a lifetime opportunity to deal to this…but of course with a PM who is an ex-banker I’m doubtful anything effective will be done.

    2. Both speeches are aimed squarely at the rural farmers and small businesses. This makes a lot of sense. With National having hopped into bed with ‘Waitakere Man’ and now so dependent on the urban Auckland vote their traditional rural power base is necessarily feeling a little jilted; and why we are getting rumblings around the formation of a new Country Party.

    While there’s a long and bad history between Labour and the farmers, if you talk sense these people they will listen. The world they inhabit has changed a lot in recent decades and maybe the old tribal rules don’t hold so strong as they used to. (Moving frequently around the Wairarapa I’m often surprised at the how soft support for National is, even among people whom a generation ago would have sooner cut their right arm off than vote left.)

    The other thing often overlooked by the left, is that these big rural electorates often return suprisingly large numbers of left voters…. for every conservatively leaning farmer, contractor and small business owner, there are plenty of working people of all sorts, often on very modest incomes. And there’s always a scattering of rural greenies too, folk who often have quite a high personal profile in their communities. But ultimately, more so than city voters, these people will tend take into consideration what they feel is good for their community and region come polling time. Creating a cohesive economic policy that makes sense to them could change the game.

    Now all that’s needed is to articulate effectively this without all the usual media spin and slant.

  2. riddler 2

    What are your formal qualifications Marty?

    I mean no offense, nor accusation, i simply wish to know.

    Regards

    Riddler

    [lprent: We don’t provide any information about authors apart from what they care to write. Personally I’d rate Martys formal skills in this type of post far higher than mine. I only have a BSc, MBA, and a few other qualifications.

    Read the About and Policy and abide by it on this site. I don’t allow people to try to probe for information about authors that is more than they care to provide.

    Any repetition of questions of this type will be rewarded with a long (>1 month) ban. Is that clear? ]

  3. IrishBill 3

    I’m a fan of using compulsory superannuation with an adjustable contribution rate to control inflation. Currently our exporters are forced to be currency speculators just to provide themselves some cover which is a ridiculous situation.

    • Lanthanide 3.1

      Taken out of employees pay packets I suppose?

      I think the point of the interest rate changes is that if you choose to borrow, you pay extra. If you don’t choose to borrow, or choose to save, then you benefit. Simply taking money out of everyone’s pay packets doesn’t give them a choice as to what they do with their money.

      It might work, but only if the range of increase was on the order of 1% for every 2% of the current OCR regime.

      • Bright Red 3.1.1

        “Taken out of employees pay packets I suppose?”

        Interest rate hikes are taken out of employees’ pay packets too, very high interest payments for those carrying debt (a very large chunk of the working population).

        The attraction of variable super payments is that the money isn’t lost to those workers as it is when their interest goes up, they just can’t consume it now.

        and you allow interest rates to be wholly determined by the market

        • Lanthanide 3.1.1.1

          Normally when the OCR rises, the main things that go up are mortgage and business loan rates. Retail lending and CC rates normally don’t move around much at all.

          Considering there’s a large portion of the population renting, those people won’t be affected by the rate rise as they don’t have mortgages. Taking money out of employee pay packets doesn’t affect businesses either.

  4. TightyRighty 4

    The problem with asking the banks to control inflation through capital ratios is that while it does help to control inflation, it also helps to put an unnecessary break on the economy, thanks to it’s overly large effect on the supply of money. Seeing as it puts brakes on lending by force rather than by price, no wonder the left has consensus on it. seeing consensus has been reached, the argument is now settled. the old wikipedia/AGW proof.

    • Bright Red 4.1

      the point of monetary policy is to put a brake (not break) on the economy when necessary, tighty.

      • TightyRighty 4.1.1

        Really BR? I thought the reserve bank just like putting the cost of money up for the sake of it.

        • Bright Red 4.1.1.1

          You’re the one who wrote: “The problem with asking the banks to control inflation through capital ratios is that while it does help to control inflation, it also helps to put an unnecessary break on the economy”

          as if the brake on theeconomy was a negaive side effect, not the point of the operation.

          • TightyRighty 4.1.1.1.1

            To increase the cost of borrowing and the reward for saving for the purpose of inflation control, so that workers aren’t locked in rounds of endless pay disputes, is one thing. to put brakes on the economy for the sake of it is completely different. it’s why current monetary policy works. and why forcing banks to adjust capital adequacy ratios as the reserve bank demands, is silly.

            • Bright Red 4.1.1.1.1.1

              I think you misunderstand – the point of increasing interest rates via the OCR is to put a brake on the economy so that that inflationary pressure subsides.

              If inflation in an economy can be compared to an overheated car engine, then the OCR or any other approach is about slowing down the engine so its cools off before it damages itself.

              The OCR is intended to work by reducing employment, wages, and economic activity so as to reduce inflation and make a healthier economy in the long-run. See page 6 of this RBNZ bulletin http://www.rbnz.govt.nz/research/bulletin/2007_2011/2007jun70_2.pdf

  5. Damian 5

    This could be a good point of difference with the NACTs. HoneKey as a former money trader would rather stick with the staus quo as variability in exchange rates allows him and his mates to make money. Also there appears to be a degree on positive feedback to this as shown by comments to a similar article at interest.co.nz. It’s not the circut breaker Labour needs but just goes to show if you focus more on policy that matters to people, people will listen.

  6. The Baron 6

    This all sounds well and good until we see that Full Employment is on the wish list too. Rather than leading to a more managable monetary policy, instead we see what can only be described as pie in the sky, impossible to achieve stuff.

    • RedLogix 6.1

      So why do the Australian’s include it? It’s improbable that any nation could achieve and sustain absolute full employment; but it’s obviously one of a number of desirable goals.

      Virtually all dynamic economic macro models map some kind of relationship between employment, inflation, economic growth and credit creation. It’s NZ that’s out of step with the rest of the world by not including the employment component in it’s official macro policies.

      • The Baron 6.1.1

        Please note I didn’t say that some sort of employment component was necessarily a bad thing – I said a FULL employment goal was a bad one.

        Yet again though, we see monetary policy debate turning into a game of “here’s my wish list” rather than a careful consideration of the way these things balance together – and the consequences of that balancing act. Monetary policy doesn’t work by simply issuing a new set of dictums – all of these actions will have consequences.

        Some of the consequences that occur to me from the outset are (and I am by no means a pro here):

        – Dampening demand for credit through bank controls = harder for anyone to buy a house
        – Loosening inflation controls means greater value destruction, and savings erosion
        – Messy set of targets that will limit RB accountability

        Its irresponsible to leave these elements out of this debate, in my mind. I’m not saying anything about right or wrongs yet (apart from the idiocy of a full employment goal) – only that sensible decision making and debate in this regard requires analysis of ALL factors of these changes – not just the good bits thanks Marty.

        • RedLogix 6.1.1.1

          Dampening demand for credit through bank controls = harder for anyone to buy a house

          No…harder for people to bid silly prices on houses.

          Loosening inflation controls means greater value destruction, and savings erosion

          While at the same time you’re completely blind to the same effect caused by asset price inflation.

          Messy set of targets that will limit RB accountability

          What other countries seem to cope with ok. Maybe we could consider buying Treasury one of those new fangled computator thingies I’ve read about in overseas magazines.

        • Draco T Bastard 6.1.1.2

          full employment = X% of people unemployed at any one time

          The difference is that the left want that number to be as small as possible while the right want it to be as big as possible.

          Basically, all you’ve done here is show your ignorance.

        • Ari 6.1.1.3

          I’d rather people be stuck renting than that they bought a house they couldn’t afford and had it foreclosed when the market caught up.

          Inflation is already out of control, the current policy is completely ineffective in addressing it, so we should actually see an improvement for people actually trying to save under the proposed policy.

          The RB isn’t exactly accountable as it is, because its only goal is purely theoretical and it doesn’t have the tools to actually achieve it! Nobody can blame the RB for failing because it hasn’t even tried! I’d rather it be useful than simplistic, although getting it useful and accountable at the same time would be awesome. You have any more specific criticisms so we can talk ideas, or are you just trying to smear the idea of actually regulating the economy by saying broader targets than inflation necessarily imply a lack of accountability? Because they don’t, it’s just a problem one has to address in regulation. And in case you haven’t noticed, Labour governments in the last two decades have been a lot better at that than National ones.

    • Bright Red 6.2

      We’ve had full employment for long periods in the last century. From the 40s through to the early 80s, in the late 2000s. And it was government policy during our greatest period of prosperity.

      Full employment doesn’t mean everyone is in work. There is always some unemployment due to the normal churn as businesses open and close and people’s life circumstances change. Full employment means there is no structural unemployment – full employment is usually taken to mean about 3% unemployment because you can’t practically get lower than that in most cases.

      • The Baron 6.2.1

        Oh, so full employment doesn’t actually mean full employment – but 3% unemployment. Well if we write the goal that way then I’ll be hunky dory.

        I’d also note that our full employment policies at the end of the period you quote were delivered through massively bloated state enterprises, that operated mainly as employment sinks rather than productive businesses delivering services to citizens. That led in part to our massive debt burdens by the time Lange came along. Hardly the utopia you portray – and gives me a shiver that the Fabians are keen for us to repeat our silly errors of the past.

        • RedLogix 6.2.1.1

          Well if we write the goal that way then I’ll be hunky dory.

          Anything around or better than 3% is pretty much is the conventionally accepted definition of full employment. Your line that it should be 0% is just a dickheaded distraction.

          I’d also note that our full employment policies at the end of the period you quote were delivered through massively bloated state enterprises, that operated mainly as employment sinks rather than productive businesses delivering services to citizens.

          Actually no, that line is just another morsel of neo-lib nonsense that modern analysis has de-bunked. It turns out that while these large state-run ’employers of last resort’ were inefficient measured as stand-alone enterprises, when their total contribution to the economy is fully aggregated they performed rather well.

          They did actually deliver services, they did actually provide employment with dignity and in doing so ameliorated the substantial social costs of unemployment, and they did actually keep cash flows within the NZ economy, thereby helping to reduce the structural current account deficit issue we’ve been plauged with for decades.

          In addition many of these state enterprises provided excellent apprentiships and technical training to a high standard. Bear in mind that fully 70% of the skilled technical people in this country are over 55yrs old and are simply not being replaced in adequate numbers in recent times.

          The only reason why the neo-libs ran that lie was to justify privatising them at fire sale prices in order that they might be asset stripped.

          [Edit]:That led in part to our massive debt burdens by the time Lange came along.

          The really massive debt burden (as a % of GDP) got racked up in the last decade… the private sector racking up almost $190b in debt. Nothing to do with the state sector.

          • The Baron 6.2.1.1.1

            I’d be interested in learning more about this debunking of employment sinks that you talk of – would you care to provide me with some sources please?

            • RedLogix 6.2.1.1.1.1

              It’s not in any one place, but is a common theme found in the Post-Keynsian and Chartalists studies. A google on the term “employer of last resort” is an starting point. Also interesting are quite specific schemes to create real 0% unemployment like this from Wray and more generically this about Minsky.

              Besides it’s not rocket science…the argument I laid out above is pretty straighforward . Once you lose the very narrow framing of the neo-lib economic orthodoxy of the last three decades then a lot more options open up.

      • jcuknz 6.2.2

        I thought the full employment of the past was due to the fortunate position of having a tight control on imports and the incredibly favourable trading position of England taking all our produce .. it changed with the European Union I believe and we are unlikely to find an alternative. Is it not better for us, although not for the slave labour of countries we currently import from, to pay more for goods produced here in NZ. But people being people we often compare prices and moan that “we can buy cheaper in Fiji” was the cry of yesteryear I remember … we are our own worst enemy?

        But to get away from that red herring It does seem rather silly that we shoot ourselves in the foot each time the OCR is raised.

  7. Olwyn 7

    @ The Baron: Just because something has been done badly in the past does not mean it cannot be done well in the future. If we took that attitude to all systems, Capitalism would be long gone, with its tendency to generate crises. I think that using upward of 4% unemployment and denigrating the unemployed so as to keep wages competitive is disgraceful in the way that racism, slavery, etc are disgraceful. People who support this sort of thing not only lack sympathy for others, they also imagine that they are so far above the storm that such a fate could never be visited upon them.

    • The Baron 7.1

      And your solution is then…?

      Come on oh wise Olwyn, tell us what the humane/sympathetic/honourable monetary policy solution is.

      • Olwyn 7.1.1

        I do not have a solution, and neither it seems do you, but Goff’s suggestion, which Marty has highlighted, does seem like a step in the right direction.

        • The Baron 7.1.1.1

          As does every solution that promises the earth, but doesn’t tell you the consequences.

          Consequences which can be very real and very damaging when you’re talking about monetary policy – and even less sympathetic than the status quo.

          You need to start thinking a bit more for yourself rather than relying on your favourite colour of politician to tell you what right and humane is, me thinks.

          • Bunji 7.1.1.1.1

            What, like the neo-liberal orthodoxy that promises we’ll be richer because there’ll be a bigger pie, and the consequences that actually the vast majority aren’t, and wealth is concentrated into the hands of 2% of the population.

            – Periods of moderate inflation have actually been good for the weaklth of the 85% of the population that are workers (it’s the richest 2% whose wealth is eroded), so if inflation gets a bit higher due to multiple targets, it’ll most likely bring greater equality.
            – Full-employment (or near to it, and I thnk we can do better than 3%) also drives salaries and wages up (maybe we can catch Australia!), causing greater equality.
            – Greater equality of wealth tends to increase investment in production (unlike the neo-liberal years, where investment has declined massively). If more people have wealth to invest in their ideas, more of that wealth will be invested.
            – if everyone has less access to cheap credit, house prices will just be lower, in a reversing of the nuclear arms race.
            – business is desperate for a more stable exchange rate, the current forex lotteries don’t encourage any sort of investment.

            I think the widening of aims and changed monetary policy is a most excellent idea. I like Irish Bill’s variable compulsory super too, but don’t see it as an either/or situation. Always good to have more than one tool in your toolkit. If you only have a hammer everything looks like a nail, as they say.

          • Olwyn 7.1.1.1.2

            What a patronising answer. Do you think that concern for your fellow humans is at all times and places unaffordable?

            “I’d also note that our full employment policies at the end of the period you quote were delivered through massively bloated state enterprises, that operated mainly as employment sinks rather than productive businesses delivering services to citizens. That led in part to our massive debt burdens by the time Lange came along.”

            Even if you are right in this observation, it does not mean that the subsequent hollowing out of the productive economy, the invention of an underclass and burgeoning prison population are as good as it gets.

            There is I think some truth in the idea that people will choose to work for the public service or in some professional capacity if they can, and the productive base cannot reliably support too many going this way. But it is also true that if a free rein goes in the other direction people with money to invest prefer to have stuff than to do stuff. Which also has negative consequences.

  8. Draco T Bastard 8

    and the Productive Economy Council says “Goff’s announcement will split the business vote’.

    It will do. Importers like a high NZ$ so that things can be imported cheaply while exporters like a low NZ$ so that there is more demand for their produce.

    The big problem with our floating exchange rate being controlled through the (normally high) OCR is that it kills business opportunities in NZ forcing us to have higher unemployment. It does this by making foreign made products artificially cheaper than the same product made in NZ. This results in more imports, less exports, higher trade deficit and lower employment.

    The Berl Report on the trains shows how much more benefit (effectively reducing the price by 2/3rds) we get from building the trains in NZ compared with importing them but the price is what this incompetent government is using to justify importing them. If the exchange rate was lower (as it should be) then the price to import would be higher and so the justification for importing wouldn’t be there. This would result in those trains being built here and bringing all the other benefits as well.

    Basically, the focus on inflation with the only control being the OCR has resulted in the NZ$ being priced higher than it should be which has resulted in an increase in inefficiency (it really is more expensive to import). Another example of market failure. IMO, time to re-peg the NZ$.

  9. Pascal's bookie 9

    It’s just crazy talk of course, the single tool single focus model is best and meddling meddlers should just accept that. There is nothing to discuss. Don Brash sez, and afterall, he and his ideas got rejected by the people so we have to pay attention to him.

    ‘cept the IMF doesn’t think so.

    http://www.abc.net.au/news/stories/2010/02/15/2819537.htm

    • Rex Widerstrom 9.1

      Interesting you’ve had to go to the ABC for that link, Pb. I heard that story when it came out… was it even reported in NZ, I wonder, outside perhaps of the back of the business pages?

      It’s worth quoting from.

      Saul Eslake, former ANZ chief economist, and now program director at the Gratten Institute, says… “debate ought to include whether the objectives of central banks remain appropriate, and whether there ought to be broader consideration given to not only other objectives but to other means of achieving those objectives over time“.

      Not only does the central bank have too few levers to pull to control the economy, I believe it shouldn’t be the only one in the driver’s seat as it effectively is at present. The RBNZ wasn’t elected, doesn’t have to consult, and is anwerable to no one. After all, if Fred’s Bank loses its depositors money, its directors and currency traders will find the regulators and the SFO want answers. If the economy tanks, the RBNZ board just shrugs.

      Spreading both the objectives and the decision-making responsibility will permit not only the advantages Goff has enumerated (and Marty has done an excellent job of summarising) but spread the risk and broaden the number of minds tasked with considering these issues. That can only be a good thing, IMHO.

      • Lanthanide 9.1.1

        “but spread the risk and broaden the number of minds tasked with considering these issues. That can only be a good thing, IMHO.”

        Too many cooks spoil the broth, or alternatively, no one with sufficient power to force through the appropriate actions can result in nothing getting done.

  10. Name 10

    Looking at what Reserve Banks have achieved in the US, the UK, Ireland, Iceland, Greece, Spain, Portugal, Japan &tc in the last decade I think you might as well give them a dart-board and a jar of fortune cookies as any set of targets.

    Give any economist a single target and at least he knows what he’s looking at. Give him two and all he can do is argue with himself. Give him more than that and his head will explode at the sheer imponderability of it all.

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    Fifty Percent Plus One: New Zealand’s genuine-majority-delivering two-party system endured for five elections only (1938, 1943, 1946, 1949, 1951) a period of just 16 years. Very few New Zealanders alive today can boast of participating in an election which delivered a true majority to either Labour or National. Someone who ...
    3 days ago
  • Labour super exploitation
    This is the second in the lecture series by Andy Higginbottom on superexploitation. Here he looks at Marini’s theory of labour super-exploitation and Capital ...
    RedlineBy Admin
    4 days ago
  • Small asteroid to make near-miss of Earth in NZ skies tonight
    Sorry for the late notice on this one, but I only just heard myself, in common with most of the human race. A small asteroid, somewhere between the size of a truck and the size of a house in dimensions, will hurtle past the Earth tonight, dipping closer to ...
    SciBlogsBy Duncan Steel
    4 days ago
  • This is not what accountability looks like
    When someone commits trespass, assault with a weapon, and kidnapping, you'd expect them to be prosecuted, right? But apparently the rules are different if you wear a blue uniform: A police investigation has found officers in Northland trespassed on a man's property, then unlawfully pepper sprayed him and arrested ...
    No Right TurnBy Idiot/Savant
    4 days ago
  • Cycling: head injuries ignored because of entrenched macho culture
    Howard Hurst, University of Central Lancashire and Jack Hardwicke, University of Winchester Competitive road cycling is a demanding and unique sport. One where crashing is inevitable – especially at the professional level. While the risk of head injury is relatively low in cycling – approximately 5-13% – compared to contact ...
    SciBlogsBy Guest Author
    4 days ago
  • The coming US shitshow
    Today President Trump once again refused to commit to a peaceful transfer of power if he loses the US election. Coincidentally, The Atlantic has a long article on exactly what that means, from voter suppression by armed thugs in the name of "ballot security", to refusing to allow the vote ...
    No Right TurnBy Idiot/Savant
    4 days ago
  • A moral void
    That's the only way to describe the SIS, who - like their British counterparts - decided to look the other way on child abuse: The SIS knew a young woman was being sexually abused by her father but failed to lodge a complaint with the police, effectively allowing the ...
    No Right TurnBy Idiot/Savant
    4 days ago
  • When will Goldsmith resign?
    The National Party’s campaign has gone from bad to worse with a further two large miscalculations being uncovered in their alternative fiscal plan. Firstly, National’s economic spokesperson and list MP, Paul Goldsmith, used May's Budget figures instead of last week's PREFU numbers, and came up with a whopping $4.3 billion ...
    4 days ago
  • The Adventures of Annalax: Part IX
    The initial session was a struggle. Annalax and Magni tried sorting out the details with the Isaac twins (the people pursuing the mountain trip). Annalax happened to mention his devotion to Lolth… whom the Isaacs, being ...
    4 days ago
  • This is bullshit
    On March 13, three plainclothes police officers kicked in Breonna Taylor's door under a no-knock warrant targeting another person. When a person inside reasonably assumed they were home invaders and (this being America) started shooting, they shot up the place and everyone around them - killing Taylor. Today, one of ...
    No Right TurnBy Idiot/Savant
    4 days ago
  • Arctic sea ice is being increasingly melted from below by warming Atlantic water
    Tom Rippeth, Bangor University Arctic sea ice today (white) is covering a much smaller area than in 1980-2010 (orange line). National Snow and Ice Data Center, University of Colorado, Boulder, CC BY-SA Each September, scientists like me look out for the point when the Arctic’s meagre summer fizzles out and ...
    SciBlogsBy Guest Author
    4 days ago
  • The long-term health burden of COVID-19: further justification for NZ’s elimination strategy
    Prof John D. Potter* This blog briefly surveys the emerging scientific evidence on the longer-term burden of symptoms and disease in survivors of the COVID-19 pandemic. Many of these symptoms point to damage in the brain and heart. These long-term harms add to the wide range of other reasons for ...
    SciBlogsBy Public Health Expert
    4 days ago
  • Going High, Going Low: An Assessment Of The First Leaders’ Debate.
    Uncrushed: Jacinda Ardern knew exactly what was expected of her in the first Leaders' Debate. Labour’s dominant position, three weeks out from the general election, is constructed out of the admiration and gratitude of hundreds of thousands of New Zealanders who, more often than not, vote National.  Nothing she said ...
    4 days ago
  • The smokefree policies of political parties: Do they care about people who smoke?
    George Thomson*, Nick Wilson, Janet Hoek, Andrew Waa, Richard Edwards In this time of Covid-19, helping people who smoke to quit their addiction has an even greater importance. Smokers are more vulnerable to many harmful health effects, including severe effects from the virus. Policies that support people who smoke to ...
    SciBlogsBy Public Health Expert
    4 days ago
  • The Fog Of Economic Policy Is Starting To Clear…
    Bryan Bruce, https://www.facebook.com/www.redsky.tv, 19 September 2020 National’s economic policy of temporary tax cuts yesterday proved, if proof be needed, that they are unapologetic neoliberals. While their claim that with more money in their pockets people will spend more might sound attractive, the reality is that tax cuts always benefit the ...
    Closing the GapBy Tracey Sharp
    5 days ago
  • Skeptical Science New Research for Week #38, 2020
    Highlighted article: Carbon pricing and planetary boundaries  Engström et al take what might be called a systems approach to evaluating carbon pricing, taking into a account various economic sectors affected by and affecting paying for emissions. The conclusions are overall a rare pleasant surprise— a feature predicated on cooperation.  Abstract: ...
    5 days ago
  • Humans ignite almost every wildfire that threatens homes
    Nathan Mietkiewicz, National Ecological Observatory Network and Jennifer Balch, University of Colorado Boulder CC BY-ND Summer and fall are wildfire season across the western U.S. In recent years, wildfires have destroyed thousands of homes, forced hundreds of thousands of people to evacuate and exposed tens of millions to harmful ...
    SciBlogsBy Guest Author
    5 days ago
  • Climate Change: China steps up
    China has increased its climate change ambition, and set a target to be carbon-neutral by 2060: China will reach carbon neutrality before 2060 and ensure its greenhouse gas emissions peak in the next decade, Xi Jinping has told the UN general assembly. “China will scale up its intended nationally ...
    No Right TurnBy Idiot/Savant
    5 days ago
  • Humans have dealt with plenty of climate variability
    Climate Explained is a collaboration between The Conversation, Stuff and the New Zealand Science Media Centre to answer your questions about climate change. If you have a question you’d like an expert to answer, please send it to climate.change@stuff.co.nz How much climate variability have humans dealt with since we ...
    SciBlogsBy Guest Author
    5 days ago
  • Indigenous perspectives on unrestricted access to genomic data
    By Genomics Aotearoa researcher Maui Hudson, University of Waikato It is vital that genomics research respects genomic data and genetic heritage from indigenous communities. Genomics research is a rapidly growing field of study, and there is a strong push to make the huge amount of data being produced open ...
    SciBlogsBy Genomics Aotearoa
    5 days ago
  • Terrible luck: lockdowns on learning and youth job prospects
    What is bad luck? Bad luck is spilling spaghetti sauce down your shirt right before an important meeting. When the person in front of you gets the last seat on the bus, that’s bad luck. Bad luck is when it’s sunny outside, so you leave the house without a coat, ...
    SciBlogsBy Guest Author
    5 days ago
  • Ian Powell: Does private healthcare threaten public healthcare in New Zealand?
    Is the private health system impacting negatively on the public health system? Health commentator Ian Powell evaluates a recent NZ Herald article by Natalie Akoorie (“Public v private healthcare: Moonlighting, skimming, duplication – should NZ do better”), and looks at how the dual system works, and concludes that the answer ...
    Democracy ProjectBy bryce.edwards
    5 days ago
  • A rabbit-hole election debate: So do you want more avocado orchards?
    We live in strange and unusual times. It’s been a century since we’ve endured a global pandemic like this, more than half a century since we’ve had economic woes like this. So maybe we got an opening election debate for the times - because that was a strange and unusual ...
    PunditBy Tim Watkin
    6 days ago
  • LIVE: Jacinda Ardern vs. Judith Collins, First Debate
    Tonight, The Civilian will be live-blogging the first of too many debates between Prime Minister Jacinda Ardern and National Party leader Judith Collins, and also the last fifteen minutes of the news. Be sure to tune in from 6:45pm for regular updates, which can be accessed by refreshing this page ...
    The CivilianBy admin
    6 days ago
  • Hundreds of Aucklanders arrested after illegal mass gathering on Harbour Bridge
    An enormous drive-in party, shown here, was held this morning on Auckland’s Harbour Bridge, where police were forced to intervene. Hundreds of Aucklanders were arrested this morning on public health grounds, after an apparent illegal mass gathering on the city’s Harbour Bridge. Police say hundreds of Aucklanders gathered in their ...
    The CivilianBy admin
    6 days ago
  • The Looming Fight.
    Social Distancing Be Damned - It's Jacinda! Shortly after ascending to Labour’s leadership, Jacinda described herself as a “pragmatic idealist”. It was an inspired oxymoron – packing into just two words the essence of the social-democrat’s dilemma. It was good to know that she knew what lay ahead of her. ...
    6 days ago
  • Climate Change: Moving faster
    Back in 2017, the UK announced that it would ban the sale of new fossil fuel vehicles by 2040. Its a basic climate change measure, aimed at reducing emissions by shifting the vehicle fleet to cleaner technologies. Now, in the wake of the pandemic, they're planning to bring it forward ...
    No Right TurnBy Idiot/Savant
    6 days ago
  • The Australian courts have had enough of refugee detention
    For the past decade, Australia has had a racist, anti-refugee policy. Those claiming refugee status are imprisoned without trial and left to rot in the hope they would "voluntarily" return to be tortured and murdered. When the courts have granted them visas, the government has immediately revoked them on racial ...
    No Right TurnBy Idiot/Savant
    6 days ago
  • Friction and the Anti-lock Braking System
    Yesterday afternoon I had to call on my car’s anti-lock braking system (ABS). For reasons best known to its driver, a car pulled out of a side road right in front of me while I was driving home after work, and I needed to stop in a hurry. I rather ...
    SciBlogsBy Marcus Wilson
    6 days ago
  • The Inside Word: New Zealand Quarantine
    There are a fair few misconceptions about conditions within New Zealand’s Quarantine Hotels. Madeline Grant’s misplaced accusations being one prominent example, though she is not alone. Today, I thought I’d share the inside word, so to speak. A friend of mine has recently returned to New Zealand from overseas, and ...
    6 days ago
  • Hard News: ASA: Let’s not talk about this
    Last week, major newspapers carried a full-page ad as part of the campaign for a "No" vote to the referendum question about supporting the Cannabis Legalisation and Control Bill. The ad was authorised by the SAM NZ Coalition, which takes its name from a controversial American anti-cannabis group and includes ...
    6 days ago
  • This is not kind
    New Zealand has a serious homelessness problem, due to skyrocketing rents and a lack of state houses. One of the ways we stick a band-aid on it is to put people up in motels. Previously, they were charged full commercial rates, saddled with odious debt due to the government's failure ...
    No Right TurnBy Idiot/Savant
    6 days ago
  • Wokies are the establishment
    by Ani O’Brien In the absence of a better word with which to refer to the rabid activists who claim progressivism while demanding adherence to an increasingly prescriptive set of political beliefs, I call them “woke”. With its roots in Black American slang, the term originally denoted a person or ...
    RedlineBy Daphna
    7 days ago
  • How to strengthen the post-isolation Covid rules
    Over the weekend, the Ministry of Health reported a case of Covid-19 in Auckland that is not related to the current Auckland cluster. Before we start to panic, here’s how I think the case happened and how we can strengthen our current border controls. The new Covid-19 case is someone ...
    SciBlogsBy Siouxsie Wiles
    1 week ago
  • Neuralink and You: A Human-AI Symbiosis
    Becky Casale Elon Musk reckons his Neuralink brain implant is much more than a medical device–that one day it will drive a symbiosis between humans and artificial intelligence. “Good morning! I’m Dr Benedict Egg and I’ll be supervising your Neuralink insertion today. Do you have any questions?” “Yes, Doc. ...
    SciBlogsBy Guest Author
    1 week ago
  • Liam Hehir: Our obsession with American politics
    Many New Zealanders take a strong interest in US politics, with the death of Supreme Court Judge Ruth Bader Ginsberg being the latest example. Liam Hehir wonders if it very wise for New Zealanders to get so worked about it.   Many politically engaged New Zealanders are now furiously ...
    Democracy ProjectBy bryce.edwards
    1 week ago
  • COVID: Back to Level 1
    After stamping the Coronavirus out via strict lockdown between March and May, New Zealand went through a good three months without any community cases. Then a local outbreak in Auckland rather buggered things up last month. Auckland’s been in level 3 and level 2.5 for the past six weeks. ...
    1 week ago
  • Climate Change: Climate injustice
    Who's causing our skyrocketing emissions? As with most of our other problems, It's the rich: The wealthiest 1% of the world’s population were responsible for the emission of more than twice as much carbon dioxide as the poorer half of the world from 1990 to 2015, according to new ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Good riddance
    The border closure and resulting lack of foreign slave-workers is driving the fishing industry out of business: One fishing company is effectively out of business while others are bracing for large financial hits as the deepwater New Zealand industry, unable to get skilled foreign workers into the country, have ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • 2020 SkS Weekly Climate Change & Global Warming Digest #38
    Story of the Week... Toon of the Week... Coming Soon on SkS... Climate Feedback Claim Review... SkS Week in Review... Poster of the Week... Story of the Week... The tipping points at the heart of the climate crisis Many parts of the Earth’s climate system have been destabilised by ...
    1 week ago
  • Anyone for Collins?
    In the absence of national public opinion polls, we have had to make do in recent weeks with other guides to voter intentions. Those guides, such as the Auckland Central poll, the incidence of google enquiries and the responses to Vote Compass questions, have suggested, not unexpectedly, that Labour is ...
    Bryan GouldBy Bryan Gould
    1 week ago
  • Crusher’s fiscal malfunction
    Crusher Collins - National Party leaderWe all know that the National Party is desperate to gain some traction during this election campaign and have been throwing pretty much everything at the Labour Party in order to try and undermine Jacinda Ardern and what the Coalition Government has achieved. But unfortunately ...
    1 week ago
  • Much of the commentariat’s reporting of the most recent GDP figure was misleading and unhelpful. The prize for the stupidest remark about the GDP figure for second quarter 2020 (2020Q2) released on Thursday (17 Sept) goes to Judith Collins, whose response to Grant Robertson’s comments indicated she did not ...
    PunditBy Brian Easton
    1 week ago
  • Love and Hate as Complementary Revolutionary Acts
    by Gearóid Ó Loingsigh goloing@gmail.com (19/09/2020) Che Guevara said that a true revolutionary is motivated by love i.e. love of the oppressed, the poor, the children dying from preventable illnesses. This phrase of his is true but has been used by reformists and their more hippy wing have taken advantage ...
    RedlineBy Admin
    1 week ago
  • 2020 SkS Weekly Climate Change & Global Warming News Roundup #38
    A chronological listing of news articles linked to on the Skeptical Science Facebook Page during the past week: Sun, Sep 13, 2020 through Sat, Sep 19, 2020 Editor's Choice Get to Net-Zero by Mid-Century? Even Some Global Oil and Gas Giants Think it Can Be Done A report by a ...
    1 week ago
  • Tax cuts for all!!! (except you, you, and you)
    With the National Party this week announcing a new policy of tax cuts to spice up the election campagin. MyThinks went along to the launch and afterwards we spoke to the party’s finance spokesperson Paul “Golden Touch” Goldsmith. MT: Thanks for speaking to us Mr Goldsmith. PG: No. Thank you. ...
    My ThinksBy boonman
    1 week ago
  • Great Waves Washing Over New Zealand
    Always to islanders danger Is what comes over the seas ‘Landfall in Unknown Seas’ (Allen Curnow)Six economic issues external to New Zealand, which will greatly impact upon us. 1.         The Diminishing Global Dominance of the US. Since 1941 America has dominated the world economically and politically. Probably it could ...
    PunditBy Brian Easton
    1 week ago
  • New Zealand has role to play in resolving crisis on ‘geopolitical fault line’, Helen Clark says
    By Geoffrey Miller New Zealand should continue to champion human rights in Belarus amidst an ongoing crackdown on protests by the country’s regime, former Prime Minister Helen Clark says. Protests in the country often referred to as ‘Europe’s last dictatorship’ erupted after the country’s disputed presidential elections on August 9 ...
    Democracy ProjectBy Geoffrey Miller
    1 week ago
  • Euthanasia referendum: How to cut through the emotions
    Jacqui Maguire, registered clinical psychologist This podcast episode highlights how difficult it is to have effective conversations about euthanasia due to how polarised people’s views are. I’m a clinical psychologist, with a passion for science communication. In early 2020 I founded the podcast Mind Brew, with an aim to make psychological ...
    SciBlogsBy Guest Author
    1 week ago
  • Why we need cameras on boats
    In case anyone needed further convincing, there's another example today of why we need cameras on fishing boats: reported seabird bycatch doubled during a camera trial: Commercial fishers operating off Auckland's coast around vulnerable seabirds are twice as likely to report accidentally capturing them when cameras are on ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Graham Adams: The religious right’s campaign to spike the euthanasia referendum
    In the leadup to the euthanasia referendum, an array of conservative Christian political organisations is running an expensive campaign to sow doubt about the safety of assisted dying. Graham Adams argues that these religious forces know that Christian arguments aren’t convincing the public, but that it is in the public ...
    Democracy ProjectBy bryce.edwards
    1 week ago
  • Opportunistic looting
    The National Party has spent the last six months acting horrified at the cost of supporting people through the pandemic and banging on about how the debt must be repaid. So what was their economic policy released today? Massive tax-cuts for the rich, of course! National has walked back ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Uncomfortable Choices.
    Dangerous Times: This will be the choice confronting those coming of age in the 2020s. Embrace Neoliberalism’s belief in racial and sexual equality; adopt its secular and scientific world view; and cultivate the technocratic, multicultural, global outlook required of those who keep the machinery of hyper-capitalism humming. Or, throw your ...
    1 week ago
  • Tony Burton: Covid and benefit payments
    It would be a great time to reform the benefit system, according to former Deputy Chief Economic Advisor at the Treasury, Tony Burton. He argues the complexity of benefit system means that it’s failing to achieve its difficult three core objectives, which form an “iron triangle”.   New Zealand’s benefit ...
    Democracy ProjectBy bryce.edwards
    1 week ago
  • Talking tax: How to win support for taxing wealth
    Tax Justice UK, September 2020 Serious tax reform is on the political agenda for the first time in decades due to the coronavirus crisis. As this debate hots up it is important to understand what people think about public spending, wealth and tax. Tax Justice UK, along with Survation and ...
    Closing the GapBy Tracey Sharp
    1 week ago
  • Getting Tough.
    Not Mucking Around: With upwards of 800 dead from the virus’s resurgence in the Australian state of Victoria, leniency is not on Premier Daniel Andrews’ agenda. The Victorian Police are cracking down hard on the protesters the Australian press has labelled "Covidiots".IMAGES OF POLICE, some in riot gear, others on ...
    1 week ago
  • Media Link: Nuclear strategy, then and now.
    Although I had the fortune of being a graduate student of some of the foremost US nuclear strategists of the day (1970s) and later rubbed shoulders with Air Force and Naval officers who were entrusted with parts of the US nuclear arsenal, I seldom get to write or speak about ...
    KiwipoliticoBy Pablo
    2 weeks ago

  • Job numbers up in August
    New data from Stats NZ today shows a rise of more than 9,000 filled jobs from July – driven mostly by the education and training sector, Grant Robertson says. Filled jobs were up 9,147 to 2.2 million in August 2020 compared with July – with 7,409 of those in education ...
    BeehiveBy beehive.govt.nz
    3 hours ago
  • Māori development receives funding
    Māori development projects across the country will receive a total of $18.8 million from the Provincial Growth Fund that will create infrastructure and permanent jobs, Regional Economic Development Minister Shane Jones announced today. “These projects will support economic development in Northland, Bay of Plenty, Tairawhiti, Manawatū-Whanganui, Waikato and Southland to ...
    BeehiveBy beehive.govt.nz
    6 hours ago
  • Hand-up for owners of earthquake-prone units
    From today, owner-occupiers of unit and apartments living in earthquake-prone buildings can apply for financial support to fix their homes, Minister for Building and Construction Jenny Salesa says. The Residential Earthquake-Prone Building Financial Assistance Scheme will help unit owners facing financial hardship over earthquake strengthening costs. “We understand how complicated ...
    BeehiveBy beehive.govt.nz
    9 hours ago
  • PGF backing successful Māori enterprise
    Whanganui will benefit from a Provincial Growth Fund investment in a local food-processing company which will help the company increase production and create jobs, Regional Economic Development Minister Shane Jones says. Kii Tahi Ltd, which is owned by South Taranaki iwi Ngaa Rauru Kiitahi, will receive a Provincial Growth Fund ...
    BeehiveBy beehive.govt.nz
    13 hours ago
  • Hokitika Landmark earmarked for $22m restoration
    Seddon House in Hokitika, once a hub for government on the West Coast, has been earmarked for government use once again. “Today we’re announcing a $22 million investment from the Government’s $3 billion infrastructure fund for shovel ready projects for the purchase and restoration of Seddon House in the heart of ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Town halls and war memorials in PGF renovation programme
    Town halls, war memorials and other community landmarks across the country will be renovated thanks to grants totalling just under $12.4 million from the Provincial Growth Fund. Regional Economic Development Minister Shane Jones says more than 1000 jobs are expected to be created during the renovation programme. “Town halls, other ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Minister of Foreign Affairs makes two diplomatic appointments
    Foreign Minister Winston Peters has announced two new diplomatic appointments: •         Michael Appleton as New Zealand’s first resident High Commissioner to Sri Lanka. •        Tredene Dobson as New Zealand’s next Ambassador to Viet Nam.  Sri Lanka “New Zealand is opening a post in Colombo in 2021 because we are ready ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • NZ’s most prestigious conservation award – Loder Cup presented to Graeme Atkins
    The Minister of Conservation Minister, Eugenie Sage, today presented Aotearoa New Zealand’s most prestigious conservation award, the Loder Cup, to the 2020 winner Graeme Atkins while in Gisborne/Tūranga-nui-a-Kiwa. “Graeme Atkins of Ngāti Porou is a Department of Conservation ranger whose contribution to conservation goes well above and beyond his employment,” ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Early help for whānau who need extra support
    The Government is investing in a new, whānau-centred early intervention prototype designed to strengthen families and improve the safety and wellbeing of children. The new programme, Ngā Tini Whetū, is a collaboration between Oranga Tamariki, Te Puni Kōkiri, ACC and the Whānau Ora Commissioning Agency (WOCA) and was announced today ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Parliament to install solar and cut carbon
    Parliament is leading by example by taking action to cut its carbon footprint by installing solar and improving energy efficiency, the Minister for Climate Change, James Shaw said today. The Minister confirmed that Parliamentary Services will receive support through the Clean-Powered Public Service Fund to install solar PV and LED ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Tuvalu Language Week theme promotes community resilience in the face of COVID-19
    The Minister for Pacific Peoples, Aupito William Sio says the 2020 Tuvalu Language Week theme of “Fakatili Te Kiloga Fou” which means “Navigating the changing environment” is a call on all Pacific peoples to be strong and resilient in the face of COVID-19. “This theme is a reminder to us ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • International sport back up and running in New Zealand
    The Government is welcoming today’s announcement that the West Indies and Pakistan cricket teams will tour New Zealand this summer.  “A lot of hard work has been undertaken by sports officials including New Zealand Cricket, Netball New Zealand and government officials to ensure that international sport can return safely to ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • 1BT funds for Northland forest taonga
    Northland’s indigenous tree canopy is set to grow for the benefit of mana whenua and the wider community thanks to nearly $2 million in One Billion Trees funding, Forestry Minister Shane Jones announced today. Te Komanga Marae Trust has received more than $1.54 million to restore and enhance the native ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Better health care for West Coasters as Te Nikau Hospital officially opened
    The Government has delivered a new hospital for Greymouth and is starting work on a much needed new health centre in Westport, ensuring local communities will benefit from better access to high quality integrated health services. Today, Prime Minister Jacinda Ardern and Associate Health Minister Peeni Henare officially open Te ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Government backing local with PGF loan
    A West Coast distillery will benefit from a Provincial Growth Fund investment that will enable it to expand its operations and create jobs in the town of Reefton, Rural Communities Minister Damien O’Connor and Regional Economic Development Minister Shane Jones have announced. The Reefton Distilling Co will receive a $928,000 ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Primary sector exports and jobs up again
    Primary sector exports and jobs are up again, demonstrating the sector’s underlying strength amid the COVID-19 global pandemic and US-China trade war, and supporting New Zealand’s economic recovery. Stats NZ today reported New Zealand’s merchandise exports in August were up 8.6% on a year ago, driven by an increase in ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Clean energy future for more schools
    Schools across Aotearoa New Zealand will be supported by the Government to upgrade to run on clean energy, the Minister for Climate Change James Shaw announced today. The Minister has allocated $50 million from the Clean Powered Public Service Fund to replace, or convert, coal boilers in schools with clean ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Building business strength with digital tools
    New training and tools for digital commerce will give small businesses, especially in the tourism sector, the support they need to adapt and innovate in a COVID world. Tourism Minister Kelvin Davis and Small Business Minister Stuart Nash have announced details of how $20 million digital capability funding set aside ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • New pest lures to protect nature
    The Department of Conservation (DOC) is investing $1.4 million to develop new predator lures that would be game-changers for trapping and surveillance towards a predator-free Aotearoa, the Minister of Conservation Eugenie Sage, announced in Christchurch today. The proposal is to develop long-life lures attractive to a range of predators—rats, mustelids ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Support for innovative Pacific education responses to COVID-19 needs
    Supporting new and creative Pacific education practices as part of our COVID-19 response and recovery is the focus of a new $28.5 million Pacific Education Innovation Fund announced today by Associate Minister of Education Jenny Salesa.  “There is already an incredible amount of innovative and creative work going on in ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Eligibility expanded for COVID-19 leave support
    The expanded scheme will cover: People who have COVID-19 like symptoms and meet the Ministry of Health’s criteria, and need to self-isolate while awaiting the results of a COVID-19 test. People who are directed to self-isolate by a Medical Officer of Health or their delegate or on advice of their ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Seasonal work visa available to more people
    The Government is putting in place a range of immigration policy changes to help fill labour shortages in key industries while ensuring New Zealanders, who have lost jobs due to COVID-19, have the chance to find new employment. “Two key sectors we are moving to help are horticulture and wine ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • More border exceptions for critical roles
    The Government has established class exceptions for border entry for a limited number of veterinarians, deep sea fishing crew, as well as agricultural and horticultural machinery operators. “Tight border restrictions remain the backbone of the Government’s border strategy to protect New Zealand against COVID-19 and ensure New Zealand citizens and ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Crown will not appeal Dodds v Southern Response decision
    The Crown will not appeal the Court of Appeal decision in the Dodds v Southern Response case, Grant Robertson announced today. “Southern Response will be paying the damages awarded by the Court to Mr and Mrs Dodds shortly. The Crown was already meeting their legal costs for this appeal. “The ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Crucial PGF investments for Northland
    The Provincial Growth Fund is investing nearly $30 million in a diverse range of projects that will create immediate and long-term jobs and lift economic and social outcomes for Northland and its people. Deputy Prime Minister Winston Peters and Regional Economic Development Minister Shane Jones made the announcement today in ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • $27million investment in global vaccine facility
    The Coalition Government has committed to invest $27 million in COVID-19 vaccine development through the global COVAX Facility, Foreign Minister Winston Peters announced today. “The COVAX Facility is a key part of our COVID-19 Vaccine Strategy to obtain safe and effective vaccines. It allows us to invest in a high-quality, ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government backing Māori landowners
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