web analytics

Winston and the FTA

Written By: - Date published: 11:04 am, April 9th, 2008 - 28 comments
Categories: economy, International, nz first - Tags: , ,

New Zealand First’s opposition to the China FTA is no surprise but it is interesting to reflect on the grounds for it that Winston Peters has laid out:

a) the deal is not good enough. A pretty weak argument when the other option is no deal.

b) the immigration provisions are bad and shouldn’t be part of FTAs anyway (also the CTU’s position). Also not strong arguments, we’re only talking 1800 Chinese and there’s no inherent reason why limited movement of labour shouldn’t be in an FTA.

c) the opposition to the FTA is a protest vote against New Zealand’s ‘hands off’ export policy. Peters is on stronger ground here. If we didn’t have a neoliberal, inflation-myopic monetary system with a floating currency (we are one of the smallest economies in the world with a free-flaoting currency, it puts us at the mercy of speculators), we could keep the exchange rate lower, which would deliver far greater increases in export earnings than even the China FTA.

Those who say that Peters’ opposition to the FTA would impair his ability to be Foreign Minister because it confuses foreigners know nothing of how diplomacy works in the real world. Other countries find our arrangement unusual but, just like us, they have found it doesn’t really matter that the Foreign Minister is not a part of the Government and doesn’t always vote with the Government in Parliament. And like us, they will just get on with the job of diplomacy, political quirks aside. Countries know that when they deal with New Zealand they can trust us to work in good faith and keep our side of agreements. How the Foreign Minister votes in Parliament doesn’t matter.

Finally, it was good to see Key on Breakfast refusing to use this issue as a club to beat the Government, despite Paul Henry practically begging him to do so. Key even said Peters could still be Foreign Minister in a theoretical National-led Government. The worst Key could say was the ‘optics’ are bad for foreigners (see paragraph above). Not that Key’s position was principled. As he admitted himself, Key just can’t risk getting (more) offside with Peters when he might need to deal with him post-election.

No doubt, Peters has done well here. He has put his critique of our entire export policy to centre-stage, he has avoided criticism from either major party, and his party and himself are in the limelight with a message that will resonate with many voters.

28 comments on “Winston and the FTA ”

  1. Matthew Pilott 1

    Did anyone watch Peters on Campbell Live last night? What an embarrassing affair – Peters needs to grow up. his line of “by the time Chinese tarriffs have been removed it will have been 36 years since we dropped ours” is patently stupid.

    What would you do Winston, delay the FTA a few years to make it an even 40?

    Cutting your nose to spite your face. Still, it might resonate with some folks, his reasonijg seems a bit too weak to wash though, I found it juvenile.

  2. infused 2

    What I love is recently the acupuncture school of New Zealand recently applied for a grant as there was a shortage of workers in New Zealand. It was denied as the need could not be found.

    What do you know, 200 extra acupuncture works are going to be bought in under the FTA.

    Nice one govt.

  3. infused 3

    Matthew Pilott: He is right. China have been throwing our goods at us for years. We sign the agreement and we STILL have to wait.

  4. Matthew Pilott 4


    If you can stand his arrogance for long enough. Campbell doesn’t exactly shine, but, he’s interviewing the foreign affairs “face” of NZ for christsakes!

  5. Matthew Pilott 5

    Infused, as I said, would you prefer to delay the FTA and wait a bit longer? not have it at all because of teh delay? I fail to see a more reasonable alternative, and when you look at the forecast benefits, they’re in out favour several times over.

  6. Matthew Pilott 6

    Infused, if the need isn’t there, they won’t be able to get the jobs, and therefore won’t be allowed into the country. OTOH, we will get extra nurses and workers other trades that currently have actual shortages – nice one govt…

  7. Steve Pierson 7

    Matthew, we’re hoping to put the vid up in a bit i actually think that Peters shows one way to cope in an interview when you’ve got a weak position to defend – yes he was juvenile in a way but by taking the fight to Campbell he didn’t have to be defensive all the time, not for a moment did he seem unsure of himself or stumble umming and ahhing, compare that to how Key deals with interviews when he is defending a weak position or one he does’t really believe in. Plus, there are a lot of people who don’t like journos either and enjoy seeing them being given a hard time.

    Is it adult or good for the level of political debate? No. Is it clever handling of the media? yes

  8. infused 8

    300m of benefits pfff. Like most manufactures say, who gives a shit. We have lost more than gained on this IMO. Not just from a money/job perspective, but from bowing down to China. We look like idiots. Tibet, who gives a shit.

  9. higherstandard 9


    What was unprincipled about Key’s comments this morning – one of my colleagues told me all he was blandly present the reality of MMP politics and that he wasn’t at all surprised by NZ First and Peters position.

    Regarding Winston he is a political animal, one should be under no illusion that Brown’s comments last week and Winston’s performance last night are all just the start of his campaign to be Kingmaker again after the election and add to that Winston stealing Labour’s position as protector of NZ’s assets – you have to admire the pure political animal in him.

  10. Steve Pierson 10

    hs. It’s unprincipled that Key doesn’t think what Peters is doing is acceptable (as he said when he talked aobut bad opitics) but won’t criticise for base political reasons.

  11. Tane 11

    infused, as I understand it manufacturing tariffs were due to be reduced anyway, and for many manufacturers the FTA has actually extended the protection of tariffs for another couple of years.

    Manufacturers have many reasons to complain about policy settings – the MEA in particular has made some good points about the Reserve Bank’s narrow focus on inflation. But they also have a tendency to moan.

    [captcha: King Noriega]

  12. higherstandard 12

    I thought he said it would look odd to someone from outside NZ but that it’s part and parcel of MMP – I’m sure he’d like Winston and NZ First gone after the election but MMP means you have to be pragmatic mus as Labour will be privately seething about Winston but publicy saying exactly the same as Key.

  13. Phil 13

    In defence of the RBNZ… many manufacturers are more than happy to moan about the exchange rate hurting export revenues, but they refuse to acknowledge the beneficial impact of the exchange rate on two of their major import costs – fuel and steel (or, metals in general).

    Swings and roundabouts…

  14. Pablo 14

    That’s an excellent post Steve, cheers

    Key is merely playing realpolitik the way that Clark has had to do. He can’t slag off the FTA if he will be PM in 8 months, so he is playing the game in the only way open to him. Interesting about him conceding that he might have to play with Peters after the election, I thought the National startegy was to win 50% of the party vote?

    Peters is just playing to his audience isn’t he? No problem there, I’m sure that he & Clark have discussed how it will play out for months. Like you say, overseas governments aren’t idiots, they know that politics is a game of horse-trading. Peters’ role might be unusual, but it appears to have workedand, in many ways, made it easier for Key to deal with him post-election (ie by giving them a framework whereby both parties reach a deal without losing face).

  15. higherstandard 15


    Like you say, overseas governments aren’t idiots, they know that politics is a game of horse-trading. I wonder aht would have happended to s politician in the same position in Mainland China.

    Perhaps the way the dealt with their head of state FDA might give us a clue –


    NoW if we could only have something similar in place for senior civil servants in NZ.

  16. Policy Parrot 16

    Should we take Key’s endorsement of Winston Peters so soon after such vile comment from NZFirst as a sign that [National] implicitly approves of such an agenda?

  17. higherstandard 17


    Indeed but only as long as you do the same honour for the incumbent government.

  18. Joker 18

    Can you tell us Steve P of your extensive international diplomatic credentials that make you elegable to comment on “how diplomacy works in the real world”?

    At the time of Winstons appointment international publications were editorially scratching their heads over how one can be a minister whilst outside of Government.

    This latest episode will only serve to reinforce what inconsequential little weirdos we are.

    Captcha: fist overated
    Sounds like something that our education minister might say.

  19. Phil 19

    Steve, I refer to this comment;

    “… monetary system with a floating currency (we are one of the smallest economies in the world with a free-flaoting currency, it puts us at the mercy of speculators), we could keep the exchange rate lower, which would deliver far greater increases in export earnings than even the China FTA.”

    This is totally wrong.

    Firstly, size doesn’t matter. Its well known and accepted that being ‘small and open’ is an afwul lot better than being ‘small and closed’ when the shit hits the fan internationally. The spreading and management of ‘risk’ in its many forms lies at the heart of free trade.

    Secondly, having a free-floating exchange rate does not put us at the mercy of speculators at all. It does put speculators at the mercy of other speculators, but that is a world of difference. If you really weant to get technical about it, it is speculators (through arbitrage) who keep global exchange rates in the reasonably harmonious state we have enjoyed for most of the last two and a half decades.

    Thirdly; “we could keep the exchange rate lower” Yes, we could, technically. However, this requires the selling of NZD by a central authority (be it govt or central bank). How do you sell dollars you dont have in reserves? You have to print more, and more, and more, and end up like France post-revolution, like Germany post-both-wars, or like the SE Asian economies in the 90’s.

  20. Steve Pierson 20

    Phil. Small economies in Eastern Europe have done very well with currency boards keeping the exchange rate within acceptable bands relatively to currency baskets. It has prevented big currency swings, the risk of which scare off investment, and allowed imbalances to be actively managed, rather than hoping the market will sort it out eventually without too much of a crash.

    You seem to be the expert: can you tell me of another economy in our size range with a totally free floating exchange rate, including having a central bank that doesn’t take an ideal exchange rate, as well as an ideal inflation rate, into its considerations when setting interest rates?

  21. Draco TB 21

    This latest episode will only serve to reinforce what inconsequential little weirdos we are.

    No, what it does is prove that the rest of the world isn’t quite as advanced in their understanding of democracy as we, one of the oldest democracies in the world, are.

    How do you sell dollars you dont have in reserves? You have to print more, and more, and more, and end up like France post-revolution, like Germany post-both-wars, or like the SE Asian economies in the 90’s.

    But that’s what we do anyway. Its just that it’s done through private banks so they can make a profit from doing nothing rather than through a central agency. There’s nothing to stop it coming crashing down which, by the looks of things, it’s about to do anyway (the global credit crunch is a direct result of these monetary practices).

  22. Richard 22

    That interview last night was a great prelude for Boston Legal later on. The old champ Denny/Winny pulls it out of the bag when you thought he was gone. It was just classic Winston, Campbell just got so wound up it was hilarious.

  23. higherstandard 23



    In his informal comments to business people, Mr Goff described the situation as “bullshit”.

    captcha – also prudently ….obviously not

  24. r0b 24

    Don’t get too excited HS – “Mr Key yesterday reiterated his position that it was conceivable that Mr Peters could be foreign minister in a National-led government”. Criticism that the Right hurls today might come back and haunt them tomorrow.

    I think it’s 2 parts BS to 1 part sophisticated MMP politics myself.

  25. higherstandard 25


    Agreed – it’s just refreshing that Phil Goff can leave politics aside and call it for what it is – in hindisght I expect Key probably wishes he had called it bullshit as well – might have done something to counter his blandness regarding the politics of the situation..

    Perhaps we could offer Winston a position with the All Blacks during every World Cup year ….. as he pops up once every four years stirs up the shite but does at least tend to manage to get over the line every time – worth considering surely.

  26. Matthew Pilott 26

    HS – I agree fully regarding phil Goff. I take it more that it’s not so much his opinion of Winston’s ‘two hats’ but what Goff thinks of his actual opinion on the FTA.

    Also good point about the world cup – the man is like clockwork, I was waiting for the Asian/Immigrant/Beneficiary bashing to begin this year, it was inevitable! “Peaks” at the right time…

  27. r0b 27

    I don’t like Winston, but he can be funny: “Apparently there was a constitutional crisis in New Zealand last week but fortunately it was confined to a word processor in the parliamentary press gallery.”


Links to post

Recent Comments

Recent Posts

  • Pae Ora (Healthy Futures) Bill passes first reading – Ka tutuki te pānuitanga tuatahi o te P...
    The Pae Ora (Healthy Futures) Bill passed its first reading in Parliament and a special Select Committee has been set up to consider the Bill and hear public submissions, Health Minister Andrew Little says. “We are fixing a public health system that has, for far too long, failed Māori and ...
    BeehiveBy beehive.govt.nz
    2 hours ago
  • Nuclear Non-Proliferation Treaty – what next for the nuclear “grand bargain?” – Speech t...
    (Check against delivery) Kia ora tatou It’s my great pleasure to be here today at the New Zealand Institute of International Affairs. I welcome this opportunity to share with you the Government’s thinking on the Treaty on the Non-Proliferation of Nuclear Weapons, or NPT. Forged in the depths of the ...
    BeehiveBy beehive.govt.nz
    3 hours ago
  • Government helps sharpen the competitive edge of New Zealand’s medicinal cannabis industry
    The Government is backing an innovative research and development programme to help accelerate the establishment of New Zealand’s medicinal cannabis industry and boost export potential, Agriculture Minister Damien O’Connor announced today. The Sustainable Food and Fibre Futures fund (SFF Futures) is contributing nearly $760,000 to the $1.9 million, three-year programme ...
    BeehiveBy beehive.govt.nz
    6 hours ago
  • Restrictions eased in parts of Waikato at Alert Level 3; Northland to remain at Alert Level 2
    Restrictions in the Waikato will be eased slightly from midnight tonight, COVID-19 Response Minister Chris Hipkins said today. “From 11.59pm tonight, people in the parts of Waikato at Alert Level 3 will be able to meet for outdoor gatherings between two households, with a maximum of 10 people,” Chis Hipkins ...
    BeehiveBy beehive.govt.nz
    6 hours ago
  • COVID-19 rent relief support measures refined
      The Government has landed on a balanced package of changes to improve rent relief measures for both landlords and tenants hit by COVID-19 restrictions, the Minister of Justice Kris Faafoi says. “Businesses in the Auckland region, and elsewhere under COVID Alert Level Three, have been doing it tough, and ...
    BeehiveBy beehive.govt.nz
    6 hours ago
  • Govt considers regulatory safeguards for three waters services
    Public feedback is being sought on the regulatory safeguards required to ensure consumers and communities receive three waters services that meet their needs, Commerce and Consumer Affairs Minister, Dr David Clark announced today. “The future three waters system needs to promote consumer interests and ensure infrastructure is delivered in a ...
    BeehiveBy beehive.govt.nz
    7 hours ago
  • Appointment of new Te Pou Tupua welcomed
    Environment Minister David Parker and Ngā Tāngata Tiaki o Whanganui chairperson Sheena Maru have welcomed the appointment of Keria Ponga and Turama Hawira as Te Pou Tupua. In a joint statement Sheena Maru and David Parker said: Today, Ngā Tāngata Tiaki o Whanganui chairperson Sheena Maru Minister and Environment David ...
    BeehiveBy beehive.govt.nz
    7 hours ago
  • Don't freak out, ShakeOut
    Minister for Emergency Management Kiri Allan is challenging more people to join the almost 650,000 who have already signed up to take part in the nation-wide ShakeOut drill, happening tomorrow. “ShakeOut, New Zealand’s annual national earthquake drill and tsunami hīkoi, is a great opportunity for all of us to put ...
    BeehiveBy beehive.govt.nz
    10 hours ago
  • Government to protect vital public water services for future generations
    Local Government Minister Nanaia Mahuta today confirmed the Government will create four publicly owned water entities to ensure every New Zealander has access to affordable, long-lasting drinking, waste and storm water infrastructure without ballooning costs to households and families. “The case for change is too compelling to ignore. It is ...
    BeehiveBy beehive.govt.nz
    10 hours ago
  • Annual MFAT- NGO Hui
    Tēnā koutou katoa, Talofa Lava and Warm Pacific Greetings to one and all— and in recognition of Tokelauan Language Week this week, Fakatalofa atu ki te koutou uma. Malo ni. Thank you for inviting me to join with you at the 2021 MFAT–NGO Hui. It’s a privilege for me to ...
    BeehiveBy beehive.govt.nz
    11 hours ago
  • Opening Address – Council for International Development and MFAT NGO Hui
    Tuia te rangi e tu iho nei, Tuia te papa e takoto nei, Tuia te here tangata ki te here wairua kia rongo te pō, kia rongo te āo – Tīhei Mauri Ora! Kei ngā iti, kei ngā rahi i whakapau kaha ki te whakahaere i ngā mahi atawhai mo ...
    BeehiveBy beehive.govt.nz
    13 hours ago
  • Govt backs business to vaccinate workforces
    Vaccination will be required for all workers at businesses where customers need to show COVID-19 Vaccination Certificates, such as hospitality and close-contact businesses. New law to introduce a clearer and simplified risk assessment process for employers to follow when deciding whether they can require vaccination for different types of work. ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Winners of the 2021 Prime Minister’s Education Excellence Awards
    Frimley Primary School in Hawke’s Bay is the Supreme Award winner of the 2021 Prime Minister’s Education Excellence Awards, Prime Minister Jacinda Ardern and Education Minister Chris Hipkins said today. “The past year has been a real test for teachers, schools and local communities. But out of the challenge of ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Government provides greater assurance to homeowners
    The Government has provided greater assurance for homeowners with the introduction of a new code of ethics for Licensed Building Practitioners (LBPs), Building and Construction Minister Poto Williams announced today.   The Code of Ethics, which comes into force in October 2022, sets behavioural standards for LBPs to give both ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Primary sector returns strengthen export-led recovery
    Farmers’ hard work in leading New Zealand’s export-led recovery from COVID-19 is being rewarded with high prices forecast for milk and very strong returns for meat, says Trade and Export Growth and Agriculture Minister Damien O’Connor. Fonterra announced today a record predicted milk price of $7.90 to $8.90 for the ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Supporting economic resilience in the Indo-Pacific – Speech to the Asia Forum
    (Check against delivery) Ladies and gentlemen, distinguished guests, kia ora koutou katoa Thank you Farib. It is a great pleasure to be invited to speak at this event. I want to acknowledge the on-going work of the Asia Forum. Over many years – decades, in fact – you have been ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • RSI ‘state of the nation’ report published
    New Zealand’s FCR cited research ratio is twice the world average Investment in R&D is increasing Case studies underscore how a science based COVID-19 response helped save lives In 2019, Māori and Pacific people represented 5 per cent of PhD graduates. The latest research, science and innovation system report card ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Funding to translate science into real life solutions
    The Government is investing in ‘Te Tītoki Mataora’ the MedTech Research Translator, to deliver new medical tools - and meet both the demands of a global pandemic and of a growing and aging population. “COVID-19 has shown that we need to build a more resilient, productive, innovative and economically-sustainable health ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Tokelau champions language and culture
    COVID-19 continues to be a powerful reminder of the importance of language and culture to the wellbeing of our Pacific communities, said the Minister for Pacific Peoples, Aupito William Sio. “Our Tokelau community in Aotearoa has responded strongly to the challenges of the global pandemic by getting vaccinated and supporting ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Festival drug-checking services get a boost
    The Government is financially supporting drug-checking services to help keep young people safe at this summer’s large festivals and events, Health Minister Andrew Little says. “This is not about condoning drug use, but about keeping people safe,” Andrew Little said. “There is clear evidence that having drug-checking services at festivals ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Expanded vaccination order for health and disability, education and prison workers
    A newly-signed Order means most people working in three key sectors will very soon need to be vaccinated against COVID-19 for the sake of themselves, their workmates and their communities, COVID-19 Response Minister Chris Hipkins has confirmed. The extended COVID-19 Public Health Response (Vaccinations) Amendment Order 2021 comes into effect ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • APEC finance ministers focus on inclusive, sustainable COVID recovery
    APEC finance ministers will continue to work together to respond to the effects of COVID-19 and ensure a sustainable and inclusive recovery while capitalising on the opportunity to build a more resilient future. The New Zealand Minister of Finance and Deputy Prime Minister Grant Robertson chaired the virtual APEC Finance ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Improvements to child and maternity facilities at Timaru Hospital on track
    Improvements to child and maternity facilities at Timaru Hospital are well underway, and the next stage of the project will begin next month. Health Minister Andrew Little visited Timaru Hospital today to view progress onsite. “The improvements are part of South Canterbury DHB’s four-year refurbishment project and will create a ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Govt responds to independent review into WorkSafe
    The Government has clear expectations that WorkSafe must action the recommendations of the independent review into the regulator to improve its management of adventure activities following the tragedy at Whakaari White Island, Workplace Relations and Safety Minister Michael Wood says. The Ministry of Business Innovation and Employment (MBIE) today released the ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Prevention funding to reduce tamariki in care
    A new iwi-led prevention programme will receive funding from Oranga Tamariki to help reduce the number of tamariki and rangatahi coming into state care, Children’s Minister Kelvin Davis has announced. Te Rūnanga o Ngāi Tahu (Te Rūnanga) will receive $25.9m of Oranga Tamariki funding over three years to improve outcomes ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Transforming New Zealand’s mental health legislation
    Public consultation is now open for Aotearoa New Zealand to have a say on the repeal and replacement of the Mental Health (Compulsory Assessment and Treatment) Act 1992. “’He Ara Oranga, the report of the Government Inquiry into Mental Health and Addiction’ made it clear that we needed to replace ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • COVID-19 Protection Framework
    Kia ora koutou katoa Today I’m speaking directly to all New Zealanders to share a plan that will help us stay safe from COVID-19 into the future. A future where we want to continue to protect people’s lives, but also to live our lives – as safely as possible. Our ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Business boost to transition to new COVID framework
    We know that over the last twenty months the approach New Zealand has taken to COVID and Delta has saved lives and livelihoods. Along with one of the lowest mortality rates in the world, we have also had strong economic growth, low unemployment and one of the lower levels of ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • COVID-19 funding boost to protect maōri communities
    Tēnā koutou katoa As you have heard from the Prime Minister, the new protection framework will support us to keep people safe especially our vulnerable communities and minimize the impact COVID-19 has on business and our day to day lives. If you want to protect yourself, your whanau and your ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • New COVID-19 Protection Framework delivers greater freedoms for vaccinated New Zealanders
    New COVID-19 Protection Framework provides pathway out of lockdown and ability for businesses and events to re-open to vaccinated New Zealanders Simpler framework to minimise cases and hospitalisations without use of widespread lockdowns Auckland to move into the new framework when 90 percent of eligible population in each of the ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • New fund to accelerate Māori vaccinations
    The Government has established a $120 million fund to accelerate Māori vaccination rates and support communities to prepare for the implementation of the new COVID-19 Protection Framework. The new Māori Communities COVID-19 Fund will directly fund Māori, Iwi, community organisations and providers to deliver local vaccination initiatives for whānau, and ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Government extends hardship assistance for low income workers
    Income limits for Hardship Support through the Ministry of Social Development have been temporarily lifted so more people can recieve assistance. “Cabinet has agreed to make it easier for low income workers to recieve assistance for items such as food and other emergency costs,” Carmel Sepuloni said. “We know the ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • More support for learners with highest needs
    Students most in need of extra help in the classroom are the focus of a new review that gets under way today, Associate Education Minister Jan Tinetti says. About 50,000-80,000 children and young people are expected to benefit from a Ministry of Education review into Highest Need Learners that will ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Parts of Waikato to stay at Alert Level 3 for next six days
    The parts of Waikato that have been in Alert Level 3 will remain at that alert level till Wednesday, COVID-19 Response Minister Chris Hipkins said today. “Based on the latest public health information, maintaining level 3 in those parts of the Waikato continues to be the most prudent course of ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Hon Peeni Henare September 2021 Proactive Diary Release
    BeehiveBy beehive.govt.nz
    6 days ago
  • NZ passes world-first climate reporting legislation
    New Zealand has become the first country in the world to pass a law that will ensure financial organisations disclose and ultimately act on climate-related risks and opportunities, Commerce and Consumer Affairs Minister Dr David Clark and Climate Change Minister James Shaw today announced today. The Financial Sector (Climate-related Disclosures ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Prime Minister NZ UK FTA opening remarks
    Tēnā koutou katoa. Ngā mihi nui ki a koutou katoa. I am delighted to announce today that following a conversation with Prime Minister Johnson last night, New Zealand and the United Kingdom have Agreed in Principle a historic high-quality, comprehensive and inclusive free trade agreement. I’m joined today by the Minister ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • New Zealand secures historic free trade deal with the United Kingdom
    A boost of almost $1 billion to New Zealand GDP, unprecedented access for New Zealand exporters to the UK market UK to eliminate all tariffs on New Zealand exports, with over 97% being removed the day the FTA comes into force NZ exporters to save approx. $37.8 million per year ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Quarterly benefit numbers show more people in work
    Benefit figures released today show a year on year fall of 9,807 people receiving a Main Benefit in the September Quarter.  “The Government is working hard to tackle COVID-19 and it is clear our strong response to the initial outbreak has created a resilient labour market which is providing opportunities ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Health reforms bill introduced to Parliament
    Legislation central to fixing the health system has been introduced into Parliament by Health Minister Andrew Little. “Rebuilding the public health system is critical to laying the foundations for a better future for all New Zealanders,” Andrew Little said. “We need a system that works for everybody, no matter who ...
    BeehiveBy beehive.govt.nz
    1 week ago