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

  • New Zealand to stay at Orange for now
    With New Zealand expecting to see Omicron cases rise during the winter, the Orange setting remains appropriate for managing this stage of the outbreak, COVID-19 Response Minister Chris Hipkins said today. “While daily cases numbers have flattened nationally, they are again beginning to increase in the Northern region and hospitalisation ...
    BeehiveBy beehive.govt.nz
    1 hour ago
  • Independent panel appointed to review electoral law
    Justice Minister Kris Faafoi today announced appointments to the independent panel that will lead a review of New Zealand’s electoral law. “This panel, appointed by an independent panel of experts, aim to make election rules clearer and fairer, to build more trust in the system and better support people to ...
    BeehiveBy beehive.govt.nz
    2 hours ago
  • Board appointed for Auckland’s most transformational project
    Honourable Dame Fran Wilde will lead the board overseeing the design and construction of Auckland’s largest, most transformational project of a generation – Auckland Light Rail, which will connect hundreds of thousands of people across the city, Minister of Transport Michael Wood announced today. “Auckland Light Rail is New Zealand’s ...
    BeehiveBy beehive.govt.nz
    2 hours ago
  • Government continues record Māori Education investment
    Boost to Māori Medium property that will improve and redevelop kura, purchase land and build new facilities Scholarships and mentoring to grow and expand the Māori teaching workforce Funding to continue to grow the Māori language The Government’s commitment to the growth and development of te reo Māori has ...
    BeehiveBy beehive.govt.nz
    2 hours ago
  • PM attends Indo-Pacific Economic Framework talks ahead of US travel
    On the eve of Prime Minister Jacinda Ardern’s trade mission to the United States, New Zealand has joined with partner governments from across the Indo-Pacific region to begin the next phase of discussions towards an Indo-Pacific Economic Framework for Prosperity (IPEF). The Framework, initially proposed by US President Biden in ...
    BeehiveBy beehive.govt.nz
    15 hours ago
  • NZ to provide additional deployment to support Ukraine
    As part of New Zealand’s ongoing response to the war in Ukraine, New Zealand is providing further support and personnel to assist Ukraine to defend itself against Russia’s unprovoked and illegal invasion, Prime Minister Jacinda Ardern announced today. “We have been clear throughout Russia’s assault on Ukraine, that such a ...
    BeehiveBy beehive.govt.nz
    19 hours ago
  • Stubbing out tobacco smuggling
    Budget 2022 is providing investment to crackdown on tobacco smuggling into New Zealand. “Customs has seen a significant increase in the smuggling of tobacco products into New Zealand over recent years,” Minister of Customs Meka Whaitiri says. This trend is also showing that tobacco smuggling operations are now often very ...
    BeehiveBy beehive.govt.nz
    20 hours ago
  • Prime Minister to visit United States
    Prime Minister to lead trade mission to the United States this week to support export growth and the return of tourists post COVID-19. Business delegation to promote trade and tourism opportunities in New Zealand’s third largest export and visitor market Deliver Harvard University commencement address  Prime Minister Jacinda Ardern ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Prime Minister congratulates Anthony Albanese
    Prime Minister Jacinda Ardern has congratulated Anthony Albanese and the Australian Labor Party on winning the Australian Federal election, and has acknowledged outgoing Prime Minister Scott Morrison. "I spoke to Anthony Albanese early this morning as he was preparing to address his supporters. It was a warm conversation and I’m ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Poroporoaki: Dame Aroha Reriti-Crofts DNZM CBE JP
    Tiwhatiwha te pō, tiwhatiwha te ao. Tiwhatiwha te pō, tiwhatiwha te ao. Matariki Tapuapua, He roimata ua, he roimata tangata. He roimata e wairurutu nei, e wairurutu nei. Te Māreikura mārohirohi o Ihoa o ngā Mano, takoto Te ringa mākohakoha o Rongo, takoto. Te mātauranga o Tūāhuriri o Ngai Tahu ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Boost for tourism networks as borders open
    Three core networks within the tourism sector are receiving new investment to gear up for the return of international tourists and business travellers, as the country fully reconnects to the world. “Our wider tourism sector is on the way to recovery. As visitor numbers scale up, our established tourism networks ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Law changes passed stopping tax evasion on water-pipe tobacco
    The Minister of Customs has welcomed legislation being passed which will prevent millions of dollars in potential tax evasion on water-pipe tobacco products. The Customs and Excise (Tobacco Products) Amendment Act 2022 changes the way excise and excise-equivalent duty is calculated on these tobacco products. Water-pipe tobacco is also known ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Government support for Levin community hit by tornado
    The Government is contributing $100,000 to a Mayoral Relief Fund to help the Levin community following this morning’s tornado, Minister for Emergency Management Kiri Allan says. “My thoughts are with everyone who has been impacted by severe weather events in Levin and across the country. “I know the tornado has ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Statement from the Quintet of Attorneys General in support of Prosecutor General Iryna Venediktova a...
    The Quintet of Attorneys General have issued the following statement of support for the Prosecutor General of Ukraine and investigations and prosecutions for crimes committed during the Russian invasion of Ukraine: “The Attorneys General of the United Kingdom, the United States of America, Australia, Canada, and New Zealand join in ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Andrew Little Budget 2022 post-Budget health speech, Auckland, 20 May 2022
    Morena tatou katoa. Kua tae mai i runga i te kaupapa o te rā. Thank you all for being here today. Yesterday my colleague, the Minister of Finance Grant Robertson, delivered the Wellbeing Budget 2022 – for a secure future for New Zealand. I’m the Minister of Health, and this was ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Govt helps supermarket shoppers get a fair deal
    Urgent Budget night legislation to stop major supermarkets blocking competitors from accessing land for new stores has been introduced today, Minister of Commerce and Consumer Affairs Dr David Clark said. The Commerce (Grocery Sector Covenants) Amendment Bill amends the Commerce Act 1986, banning restrictive covenants on land, and exclusive covenants ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Prime Minister: Wellbeing Budget 2022 speech
    It is a pleasure to speak to this Budget. The 5th we have had the privilege of delivering, and in no less extraordinary circumstances.  Mr Speaker, the business and cycle of Government is, in some ways, no different to life itself. Navigating difficult times, while also making necessary progress. Dealing ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Future resource management system implementation funding
    Budget 2022 provides funding to implement the new resource management system, building on progress made since the reform was announced just over a year ago. The inadequate funding for the implementation of the Resource Management Act in 1992 almost guaranteed its failure. There was a lack of national direction about ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Funding certainty for quality public media
    The Government is substantially increasing the amount of funding for public media to ensure New Zealanders can continue to access quality local content and trusted news. “Our decision to create a new independent and future-focused public media entity is about achieving this objective, and we will support it with a ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Funding boost secures Defence capabilities
    $662.5 million to maintain existing defence capabilities NZDF lower-paid staff will receive a salary increase to help meet cost-of living pressures. Budget 2022 sees significant resources made available for the Defence Force to maintain existing defence capabilities as it looks to the future delivery of these new investments. “Since ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Budget 2022 supports resilient and sustainable cultural sector
    More than $185 million to help build a resilient cultural sector as it continues to adapt to the challenges coming out of COVID-19. Support cultural sector agencies to continue to offer their important services to New Zealanders. Strengthen support for Māori arts, culture and heritage. The Government is investing in a ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Minister of Finance: Wellbeing Budget 2022 Speech
    It is my great pleasure to present New Zealand’s fourth Wellbeing Budget. In each of this Government’s three previous Wellbeing Budgets we have not only considered the performance of our economy and finances, but also the wellbeing of our people, the health of our environment and the strength of our communities. In Budget ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Wellbeing Budget 2022 Speech
    It is my great pleasure to present New Zealand’s fourth Wellbeing Budget. In each of this Government’s three previous Wellbeing Budgets we have not only considered the performance of our economy and finances, but also the wellbeing of our people, the health of our environment and the strength of our communities. In Budget ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Coronial delays addressed by Budget 2022
    Four new permanent Coroners to be appointed Seven Coronial Registrar roles and four Clinical Advisor roles are planned to ease workload pressures Budget 2022 delivers a package of investment to improve the coronial system and reduce delays for grieving families and whānau. “Operating funding of $28.5 million over four ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Paving the way for better outcomes for disabled people
    Establishment of Ministry for Disabled People Progressing the rollout of the Enabling Good Lives approach to Disability Support Services to provide self-determination for disabled people Extra funding for disability support services “Budget 2022 demonstrates the Government’s commitment to deliver change for the disability community with the establishment of a ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Investing in education so all Kiwis can succeed
    Fairer Equity Funding system to replace school deciles The largest step yet towards Pay Parity in early learning Local support for schools to improve teaching and learning A unified funding system to underpin the Reform of Vocational Education Boost for schools and early learning centres to help with cost ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Primary sector backed to grow and innovate
    $118.4 million for advisory services to support farmers, foresters, growers and whenua Māori owners to accelerate sustainable land use changes and lift productivity  $40 million to help transformation in the forestry, wood processing, food and beverage and fisheries sectors  $31.6 million to help maintain and lift animal welfare practices across Aotearoa New Zealand A total food and ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • More support for first home buyers and renters
    House price caps for First Home Grants increased in many parts of the country House price caps for First Home Loans removed entirely Kāinga Whenua Loan cap will also be increased from $200,000 to $500,000 The Affordable Housing Fund to initially provide support for not-for-profit rental providers Significant additional ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Budget lifts up to 14,000 children out of poverty
    Child Support rules to be reformed lifting an estimated 6,000 to 14,000 children out of poverty Support for immediate and essential dental care lifted from $300 to $1,000 per year Increased income levels for hardship assistance to extend eligibility Budget 2022 takes further action to reduce child poverty and ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • A booster for RNA research and development
    More support for RNA research through to pilot manufacturing RNA technology platform to be created to facilitate engagement between research and industry partners Researchers and businesses working in the rapidly developing field of RNA technology will benefit from a new research and development platform, funded in Budget 2022. “RNA ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Unleashing business potential across NZ
    A new Business Growth Fund to support small and medium sized enterprises (SMEs) to grow Fully funding the Regional Strategic Partnership Fund to unleash regional economic development opportunities Tourism Innovation Programme to promote sustainable recovery Eight Industry Transformation Plans progressed to work with industries, workers and iwi to transition ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Securing the wellbeing of Pacific communities
    Budget 2022 further strengthens the economic foundations and wellbeing outcomes for Pacific peoples in Aotearoa, as the recovery from COVID-19 continues. “The priorities we set for Budget 2022 will support the continued delivery of our commitments for Pacific peoples through the Pacific Wellbeing Strategy, a 2020 manifesto commitment for Pacific ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Government delivers timely support for whānau
    Boost for Māori economic and employment initiatives. More funding for Māori health and wellbeing initiatives Further support towards growing language, culture and identity initiatives to deliver on our commitment to Te Reo Māori in Education  Funding for natural environment and climate change initiatives to help farmers, growers and whenua ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Government delivers critical infrastructure
    New hospital funding for Whangārei, Nelson and Hillmorton 280 more classrooms over 40 schools, and money for new kura $349 million for more rolling stock and rail network investment The completion of feasibility studies for a Northland dry dock and a new port in the Manukau Harbour Increased infrastructure ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • A health system that takes care of Māori
    $168 million to the Māori Health Authority for direct commissioning of services $20.1 million to support Iwi-Māori Partnership Boards $30 million to support Māori primary and community care providers $39 million for Māori health workforce development Budget 2022 invests in resetting our health system and gives economic security in ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Investing in better health services
    Biggest-ever increase to Pharmac’s medicines budget Provision for 61 new emergency vehicles including 48 ambulances, along with 248 more paramedics and other frontline staff New emergency helicopter and crew, and replacement of some older choppers $100 million investment in specialist mental health and addiction services 195,000 primary and intermediate aged ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • A Secure Future for New Zealanders’ health
    Landmark reform: new multi-year budgets for better planning and more consistent health services Record ongoing annual funding boost for Health NZ to meet cost pressures and start with a clean slate as it replaces fragmented DHB system ($1.8 billion year one, as well as additional $1.3 billion in year ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Cost of living package eases impact on households – 2.1 million Kiwis to get new targeted payment
    Fuel Excise Duty and Road User Charges cut to be extended for two months Half price public transport extended for a further two months New temporary cost of living payment for people earning up to $70,000 who are not eligible to receive the Winter Energy Payment Estimated 2.1 million New ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Budget highlights underlying strength of economy in face of global headwinds
    A return to surplus in 2024/2025 Unemployment rate projected to remain at record lows Net debt forecast to peak at 19.9 percent of GDP in 2024, lower than Australia, US, UK and Canada Economic growth to hit 4.2 percent in 2023 and average 2.1 percent over the forecast period A ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Budget 2022: A secure future in difficult times
    Cost of living payment to cushion impact of inflation for 2.1 million Kiwis Record health investment including biggest ever increase to Pharmac’s medicines budget First allocations from Climate Emergency Response Fund contribute to achieving the goals in the first Emissions Reduction Plan Government actions deliver one of the strongest ...
    BeehiveBy beehive.govt.nz
    5 days ago