National to increase foreign ownership

Written By: - Date published: 12:55 pm, March 14th, 2009 - 39 comments
Categories: assets, national/act government, same old national - Tags: , , ,

Newstalk ZB reports:

The Prime Minister is keen to open the door to foreign investors.

In a speech to the Act Party conference today, John Key said a review of the Overseas Investment Act will be announced by Finance Minister Bill English next week.

The review aims to create an overseas investment screening regime that encourages investment into New Zealand while protecting sensitive land, assets and resources.

New Zealand’s restrictions on foreign capital are already a joke. As it stands foreign owners take $15.4 billion (8% of our GDP) in profits from the work of New Zealanders every year, most of it dividends from former public assets that were sold off too cheaply in the 1980s and ’90s.

Any relaxation on overseas investment is a recipe for more foreign ownership of New Zealand and even more of our national wealth being sucked out of the country in the form of dividends for overseas shareholders.

This really is the same old National Party.

39 comments on “National to increase foreign ownership ”

  • Comments are now closed

  1. Draco T Bastard 1
    14 March 2009 at 1:02 pm

    They haven’t learned anything from the last two decades have they?

    Hint to NACT: FOREIGN OWNERSHIP MAKES US POORER.

  2. RedLogix 2
    14 March 2009 at 2:07 pm

    The mask slipped; then fell away altogether. But it mattered little, the crowd continued to see what they so greatly wanted to.

  3. IrishBill 3
    14 March 2009 at 2:47 pm

    And there go the last vestiges of our economic sovereignty.

  4. rave 4
    14 March 2009 at 3:07 pm

    Tane I suppose you meant by “our” wealth, that of the workers, not the bosses?
    Workers in NZ have so far put up little fight to loss of jobs, and most of that is begging the bosses to be true “kiwis” and when they spurn the workers and go overseas like F&P they suddenly become traitors.

    There is a danger of opposing foreign investment. It doesnt mean any less exploitation of workers, but it drives workers behind their respective bosses into protectionism, including job protection, like the recent British jobs for British workers fiasco. Workers end up going to war against each other to protect their bosses property.

    I don’t mind foreign ownership of companies just as long as when it comes to socialising them we don’t give kiwi firms any let off. Like we should socialise Sealords and that includes Aotearoa Fisheries which has proven itself to be just another exploiting boss in the name of “The Maori People”. In fact to socialise Sealords it would by useful to have the support of the many thousands of workers globally who work for the Japanese multinational partner Nissui that owns 50% of Sealords and is very much the big brother to Aotearoa Fisheries.

    • IrishBill 4.1
      14 March 2009 at 3:58 pm

      Rave, assuming the unthinkable and unlikely situation in which we don’t seize the means of production next week, I would rather we had a situation i which our government (which has some democratic accountability) was able to exercise control over the nation’s economy.

      Of course you may be one of those “worse the better” types who think that if the country is run by Coca Cola the revolution will only come faster. If so I have one word for you: Brazil.

      Which is not to say I disagree with your outlook but rather that I am less optimistic about it actualising and in the meantime I am keen to mitigate the pain suffered by workers. Even if it means selling out into a social democratic proposition.

      • rave 4.1.1
        14 March 2009 at 11:02 pm

        IB what makes you think that Social Democracy lessens the pain for workers? Compared to National? The problem is that as long as workers trust SD types they get Rogernomics. They wernt prepared the first time when they got Rogered by Labour. That was worse the better, and we didint even ask for it. Rogered One hasnt been undone. Nor are they prepared for Rogering No 2. Why because they expect SD to protect their jobs and the credit bubble kept them consuming.
        Well while they spending up large the silver was sold, and what’s left to privatise will soon follow, ACC., SOEs, etc.
        Tell my why workers should trust the SDs rewind this scenario in 3 years time. Better to spend the time organising for workers sitins and occupations and fight for the jobs and control of resources, Even if we go down in a glorious heap it better than getting Rogered lying down.
        Brazil is a case study in praying for an SD cargo cult and getting shat on instead. Lula stood for the workers vote then sold out by forming a popular front with Alencar who represents Brazil’s ruling class.
        Tons of workers in Brazil are not conned by Lula anymore and are organising independently of the Workers Party.

  5. vinsin 5
    14 March 2009 at 3:21 pm

    Good point Rave, big ups to yourself.

  6. r0b 6
    14 March 2009 at 3:38 pm

    “Economic sovereignty” – what a quaint idea IB. The whole idea of “countries” is so last millennium — the world is just a market. Money must be free to flow unimpeded into the coffers of the rich. After all, you only have to look around you to see how successful unregulated markets are…

    • Quoth the Raven 6.1
      14 March 2009 at 3:52 pm

      I wish the whole idea of countries was so last millennium, but then again I’m a lefty not some social democrat.
      Imagine there’s no countries
      It isn’t hard to do
      Nothing to kill or die for
      And no religion too
      Imagine all the people
      Living life in peace…

      You may say I’m a dreamer
      But I’m not the only one
      I hope someday you’ll join us
      And the world will be as one

      • r0b 6.1.1
        14 March 2009 at 4:04 pm

        I wish the whole idea of countries was so last millennium, but then again I’m a lefty not some social democrat.

        Countries are wonderful things, they are communities, they have a reason to “act local”, they are incubators of diversity and culture and colour. What a poor bland homogenised world it would be without countries.

        Countries do not inevitably imply war and aggression, the issues highlighted by John Lennon in “Imagine”. Most of the countries in the world live in peace. Would that they all could.

        Our country will be the poorer if we repeat the known and proven mistakes of surrendering control of our own infrastructure and resources.

        • Quoth the Raven 6.1.1.1
          14 March 2009 at 4:14 pm

          Communities are communities not countries. You’re just arguing my form of centralisation is better than your form of centralisation. I say decentralisation.

          • RedLogix 6.1.1.1.1
            14 March 2009 at 5:08 pm

            The challenges we face as a species are almost all global in nature, and demand solutions that are generated and implemented at that level. Inevitably humanity will be compelled to cede some of the sovereignty nations that nations still jealously guard, to a global body that will represent the final stage of our planetary evolution.

            A village does not deny the family, the city not the town, nor the nation all the myriad communities that are as it’s cells and sinews. Equally this global federation does not spell the end of our national, cultural, our personal identities.

            All of human social history can be seen through this paradigm of an increasing scope of collective action and unity. Each step in the process has taken us from scattered bands of isolated hunter-gathers, to citizens of large complex nations. Yet along the way, we never lost the family unit, it still remains vital to most of us.

            Equally the transition point of each stage has been characterised by a dramatic tension between the embrionic new form struggling to attain legitimacy, and the institutions of the previous stage resisting change they perceive as threatening. (In our own era this struggle is most clearly exampled by the refusal of the major nations, USA, Russia, China, etc, to relinquish their power of veto in the UN. )

            At some point we will look back on this period of history with the same incomprehension as we now look back on events like the Hundred Years War… and wonder just why it took us all so LONG to see the obvious.

  7. the pink postman 7
    14 March 2009 at 3:52 pm

    There is no doubt Key and his rightwing zealots are going full steam ahead to privatise evefrything they cab get away with. This beggars the question as to why
    Lord Michael Ashcroft made his overnight visit to Key. Chair of the Democratic Pacific Union ( as is Key ) of overseas companies,
    The NZ public seem to have forgotten that the National Party joined this group of RighwIingers , Dominated by the USA Republican Party , Whose philosophy is world wide privatization. Lets have more information on this group.“““`

  8. sweeetdisorder 8
    14 March 2009 at 4:04 pm

    Postman, calm down. Does the hospital know you have stopped taking your meds?

  9. Rex Widerstrom 9
    14 March 2009 at 5:39 pm

    Oh come on. Both National and Labour have lounged on the international street corner, skirts round their waists, flogging our birthright for as long as many can remember. It’s gotten progressively worse year upon year no matter who’s in power.

    Only one party – NZ First – ever talked of calling a halt and both National and Labour stood arm in arm and derided it as rascist (when it was no such thing). Then Winston decided to sell himself on a more personal level and the rest, as they say, is history.

    No wonder that National are considering taking our teeth out to try and attract the last few punters to whom we haven’t been able to sell ourselves… their predecessors were such accomplished pimps.

    • IrishBill 9.1
      14 March 2009 at 6:43 pm

      Don’t think for a millisecond that I, or any of my fellow posters, would support Labour’s record on foreign investment. And don’t try to use their shameful record as some kind of strawman to undermine our argument against the further pimping of our country’s economic sovereignty.

      • Rex Widerstrom 9.1.1
        14 March 2009 at 9:09 pm

        Undermine your argument?! You seriously think I’m here defending foreign “investment”? I wholeheartedly support the post right up to the last line.

        “This really is the same old National Party” disingenuously overlooks, or at least minimises, Labour’s role in very situation Tane rightedly berates, so in he interests of accurately recording history, I pointed this out.

        As you can probably tell, the things that were said about NZ First, and me personally when I was out front promoting restrictions on foreign investment (which was, incidentally, the only reason behind our call for tightening immigration) by people in National, Labour and the media still rankle.

        Crying “racist” when someone objects to selling the very soil on which we stand, along with our productive capacity and our jobs, is a pretty low tactic.

        • Tane 9.1.1.1
          14 March 2009 at 9:43 pm

          I’m criticising the Nats because they’re relaxing the rules on foreign investment. If it were Labour I’d say the same thing.

        • Quoth the Raven 9.1.1.2
          15 March 2009 at 11:55 am

          As you can probably tell, the things that were said about NZ First, and me personally when I was out front promoting restrictions on foreign investment (which was, incidentally, the only reason behind our call for tightening immigration) by people in National, Labour and the media still rankle.

          The only reason ba – Tell that to Peter Brown and co with their asian invasion rhetoric asian crims running riot &c. You expect us to believe that none of that bullshit from NZ fist was racist.

  10. Daveski 10
    14 March 2009 at 6:40 pm

    The issue which has been completely ignored is the pathetic level of savings in NZ which mean we need overseas capital to invest in NZ businesses.

    Take your pick. Jobs or overseas investment.

    Funny that, I thought you guys wanted more jobs?

    • Draco T Bastard 10.1
      16 March 2009 at 1:47 pm

      There’s a difference between overseas investment and overseas ownership. We don’t need either BTW.

  11. Jum 11
    14 March 2009 at 7:12 pm

    Please, will someone tell me why?

  12. Jum 12
    14 March 2009 at 7:27 pm

    Daveski

    Either you’ve swallowed too much water Dave or the ice has entered your brain.

    Recessions/depressions have an end. What happens then? We continue slogging away for crap owners overseas? Are you that stupid or are you one of them?

    And as for savings – guess who reduced the savings quota in Kiwisaver – your beloved Kleptomaniac Key.

    Rex Widerstrom
    How dare you use a ‘skirts around the waist’ description of selling this country’s assets overseas. Women would have done a far better job of running this country. Oh yes Helen Clark did. Not much went the way of private ownership (that wasn’t already under private ownership) under her watch.

    While you righties whore our assets overseas, remember one thing. The NZ public on the whole is too stupid to realise it. I learnt that when NAct were voted in. You already knew NZers were stupid tho’ didn’t you, Rex. That’s why you used outright lies, misinformation, the NZ BusinessRoundtable owned and Tui breweries, the misogynists, the religious zealots and the rednecks to sell us out.

    • Rex Widerstrom 12.1
      14 March 2009 at 9:20 pm

      Excuse me? I’ve used BRT, fundamentalists, misogynists and a beer company to sell “us” out? Who’s “us”? What lies? When? I resigned from politics rather than lie to the public so I’d very much like to know where you get off accuse me of having done so.

      As for Clark’s performance, I’ll take the Campaign Against Foreign Control of Aotearoa’s information over your irrational deification of a flawed (as they all are) politician. It was CAFCA’s information I used (along with my own research) when I was involved in the issue, by the way.

      According to CAFCA, in Clark’s last year in office (2008) 87 applications were approved by the Overseas Investment Commission (which covers only land, fishing, and other things worth over $50 million). It refused just two.

      That’s “not much going the way of foreign ownership” is it?

      As for your objection to the actual terminology, I’d imagine it’s more insulting to characterise Jim Bolger as having his skirts round his waist than Helen Clark, but then that’s just me. But they both did, as did Shipley, Palmer, Moore and Lange.

    • Rex Widerstrom 12.2
      14 March 2009 at 9:34 pm

      I’ve never “whored an asset overseas” and have opposed the sale of every public asset that’s been put on the block both by National and by your beloved Helen Clark (in the last year of the reign of the PM you’d deify if you had the chance, the OIC gave the nod to 87 foreign takeovers and refused just two). When I worked for Radio Pacific I personally organised a large scale campaign against the sale of Waikato’s power company, which directly led to my entry into politics for the one party that opposed asset sales.

      FYI the number of approved vs rejected OIC applications (and remember they deal only with applications involving land, fishing, or worth over $50 million) under Clark are:

      2007 155/4
      2006 173/3
      2005 197/3
      2004 182/11
      2003 213/8
      2002 261/9
      2001 250/2
      2000 241/13

      Those figures are from the Campaign Against Foreign Control of Aotearoa (CAFCA) who’ve long campaigned on the issue and who are the only organisation on whom I relied for assistance on the topic when involved in politics. Not the BRT and certainly not a brewery!

      So having established that you’re wrong about Clark – she sat by and watched our nation sold off just as Bolger, Shipley, Palmer, Moore and Lange (for a while) did before her – perhaps we can move to having you justify your assertion that I used “outright lies” from the BRT, fundamentalists (that’d be odd, considering I’m an atheist), and a brewery to somehow “sell us out”?

      Who’s “us”? When did this supposedly occur? Considering I resigned from politics rather than be forced to lie to the public, I’d very much like to know where you get off accusing me of having done just that.

      • George Darroch 12.2.1
        16 March 2009 at 2:50 pm

        Rex is completely right. Plenty was sold off overseas under the last Labour Government. Just another thing I had to intensely dislike Labour for.

        As others note, these companies never seem to get investment in productivity. Profit-taking, certainly. Considering the negative effect on the balance of trade, monetary policy, and interest rates, it’s not a good gamble. Far better for New Zealand companies to have lower interest rates with which to raise capital themselves.

  13. daveski 13
    14 March 2009 at 8:31 pm

    Jum

    The ideal position is that we own our own assets. However, until we save enough to ensure that we can invest in our own productivity we will be reliant on external funds (either borrowing or capital investment).

    Kiwisaver is not 100% invested in NZ either – KS is a long term savings mechanism not a short term investment strategy.

    I come back to my point, You can run a partisan line on this or accept that it could contribute to job growth in the short term.

    • RedLogix 13.1
      14 March 2009 at 9:05 pm

      You can run a partisan line on this or accept that it could contribute to job growth in the short term.

      Perhaps, if and only if the investment was in the form of new greenfield, productive assets. But that almost never happens; mostly it’s just a case of flogging off existing assets for short-term cash. No NEW jobs get created, but as Tane correctly identifies, what IS created is a future liability when the new owners expatriate their profits overseas… which directly worsens our already critically bad Current Account Deficit.

      Nothing partisan about that simple economic reality.

      • Daveski 13.1.1
        14 March 2009 at 10:20 pm

        It’s a reasonable point. Likewise, it’s not the time to complain about any investment given the short term challenges we face.

    • DeeDub 13.2
      14 March 2009 at 9:23 pm

      Yeah, like it did in Peru and Argentina, eh Daveski?

      • daveski 13.2.1
        14 March 2009 at 9:33 pm

        Let’s keep it simple. In the short term, do you want investment from overseas (jobs) or not. If not, that’s fine but accept that as a short term consequence there will be fewer jobs. Likewise, accept that if we don’t up our saving to fund investment, the situation will never change regardless of the grand statements above.

  14. RedLogix 14
    14 March 2009 at 10:01 pm

    Let’s keep it simple. In the short term, do you want investment from overseas (jobs) or not.

    Let me answer you simply… No.

    1. The cost is too high in terms of long-term profit expatriation.

    2. Experience over the last few decades shows that such investment does not create any NEW jobs for New Zealanders anyhow.

  15. Brett Dale 15
    14 March 2009 at 10:07 pm

    Good job by national, we need overseas investment in our country.

    • BLiP 15.1
      14 March 2009 at 10:19 pm

      Yes – but not without oversight or state control. Key’s letting slip the dogs of global greed.

  16. rave 16
    15 March 2009 at 12:35 pm

    More on Brazil and us.
    “The Crisis will be profound and prolonged”
    http://mrzine.monthlyreview.org/stedile130309.html

  17. vto 17
    15 March 2009 at 7:39 pm

    haven’t read the above, but bad foreign investment rules equal NZ becoming more of a tenant community.

    Tenant communities equal weak communites. And everything that follows from that.

    NZ’s foreign investment rules were weak. Labour pretended to strengthen them but only opened the way for lawyers to line their pockets a little more, no more.

    Maori-Nats will do nought to strengthen NZ’s position here.

    just anova 2c…

  18. insider 18
    16 March 2009 at 12:20 pm

    SO what you are saying is that if I was the owner of Trade Me, that I would be unable to sell it to Australians for $750m just because they are Australians, and would instead have to sell it to locals only offering $250m (which I believe was the case) all becasue you don’t like Australians or whatever. Where is the sense in that?

  19. Draco T Bastard 19
    16 March 2009 at 1:45 pm

    Gah, was supposed to be a reply

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    How to Retrieve Deleted Call Log on iPhone Without a Computer: A Step–by–Step Guide Losing your iPhone call history can be frustrating, especially when you need to find a specific number or recall an important conversation. But before you panic, know that there are ways to retrieve deleted call logs on your iPhone, even without a computer. This guide will explore various methods, ranging from simple checks to utilizing iCloud backups and third–party applications. So, let‘s dive in and recover those lost calls! 1. Check Recently Deleted Folder: Apple understands that accidental deletions happen. That‘s why they introduced the “Recently Deleted“ folder for various apps, including the Phone app. This folder acts as a safety net, storing deleted call logs for up to 30 days before permanently erasing them. Here‘s how to check it: Open the Phone app on your iPhone. Tap on the “Recents“ tab at the bottom. Scroll to the top and tap on “Edit“. Select “Show Recently Deleted“. Browse the list to find the call logs you want to recover. Tap on the desired call log and choose “Recover“ to restore it to your call history. 2. Restore from iCloud Backup: If you regularly back up your iPhone to iCloud, you might be able to retrieve your deleted call log from a previous backup. However, keep in mind that this process will restore your entire phone to the state it was in at the time of the backup, potentially erasing any data added since then. Here‘s how to restore from an iCloud backup: Go to Settings > General > Reset. Choose “Erase All Content and Settings“. Follow the on–screen instructions. Your iPhone will restart and show the initial setup screen. Choose “Restore from iCloud Backup“ during the setup process. Select the relevant backup that contains your deleted call log. Wait for the restoration process to complete. 3. Explore Third–Party Apps (with Caution): ...
    Gareth’s WorldBy admin
    1 day ago

  • How to Factory Reset iPhone without Computer: A Comprehensive Guide to Restoring your Device
    Life throws curveballs, and sometimes, those curveballs necessitate wiping your iPhone clean and starting anew. Whether you’re facing persistent software glitches, preparing to sell your device, or simply wanting a fresh start, knowing how to factory reset iPhone without a computer is a valuable skill. While using a computer with ...
    Gareth’s WorldBy admin
    1 day ago

  • How to Call Someone on a Computer: A Guide to Voice and Video Communication in the Digital Age
    Gone are the days when communication was limited to landline phones and physical proximity. Today, computers have become powerful tools for connecting with people across the globe through voice and video calls. But with a plethora of applications and methods available, how to call someone on a computer might seem ...
    Gareth’s WorldBy admin
    1 day ago

  • Skeptical Science New Research for Week #16 2024
    Open access notables Glacial isostatic adjustment reduces past and future Arctic subsea permafrost, Creel et al., Nature Communications: Sea-level rise submerges terrestrial permafrost in the Arctic, turning it into subsea permafrost. Subsea permafrost underlies ~ 1.8 million km2 of Arctic continental shelf, with thicknesses in places exceeding 700 m. Sea-level variations over glacial-interglacial cycles control ...
    Skeptical Science
    1 day ago

  • Where on a Computer is the Operating System Generally Stored? Delving into the Digital Home of your ...
    The operating system (OS) is the heart and soul of a computer, orchestrating every action and interaction between hardware and software. But have you ever wondered where on a computer is the operating system generally stored? The answer lies in the intricate dance between hardware and software components, particularly within ...
    Gareth’s WorldBy admin
    2 days ago

  • How Many Watts Does a Laptop Use? Understanding Power Consumption and Efficiency
    Laptops have become essential tools for work, entertainment, and communication, offering portability and functionality. However, with rising energy costs and growing environmental concerns, understanding a laptop’s power consumption is more important than ever. So, how many watts does a laptop use? The answer, unfortunately, isn’t straightforward. It depends on several ...
    Gareth’s WorldBy admin
    2 days ago

  • How to Screen Record on a Dell Laptop A Guide to Capturing Your Screen with Ease
    Screen recording has become an essential tool for various purposes, such as creating tutorials, capturing gameplay footage, recording online meetings, or sharing information with others. Fortunately, Dell laptops offer several built-in and external options for screen recording, catering to different needs and preferences. This guide will explore various methods on ...
    Gareth’s WorldBy admin
    2 days ago

  • How Much Does it Cost to Fix a Laptop Screen? Navigating Repair Options and Costs
    A cracked or damaged laptop screen can be a frustrating experience, impacting productivity and enjoyment. Fortunately, laptop screen repair is a common service offered by various repair shops and technicians. However, the cost of fixing a laptop screen can vary significantly depending on several factors. This article delves into the ...
    Gareth’s WorldBy admin
    2 days ago

  • How Long Do Gaming Laptops Last? Demystifying Lifespan and Maximizing Longevity
    Gaming laptops represent a significant investment for passionate gamers, offering portability and powerful performance for immersive gaming experiences. However, a common concern among potential buyers is their lifespan. Unlike desktop PCs, which allow for easier component upgrades, gaming laptops have inherent limitations due to their compact and integrated design. This ...
    Gareth’s WorldBy admin
    2 days ago

  • Climate Change: Turning the tide
    The annual inventory report of New Zealand's greenhouse gas emissions has been released, showing that gross emissions have dropped for the third year in a row, to 78.4 million tons: All-told gross emissions have decreased by over 6 million tons since the Zero Carbon Act was passed in 2019. ...
    No Right TurnBy Idiot/Savant
    2 days ago

  • How to Unlock Your Computer A Comprehensive Guide to Regaining Access
    Experiencing a locked computer can be frustrating, especially when you need access to your files and applications urgently. The methods to unlock your computer will vary depending on the specific situation and the type of lock you encounter. This guide will explore various scenarios and provide step-by-step instructions on how ...
    Gareth’s WorldBy admin
    2 days ago

  • Faxing from Your Computer A Modern Guide to Sending Documents Digitally
    While the world has largely transitioned to digital communication, faxing still holds relevance in certain industries and situations. Fortunately, gone are the days of bulky fax machines and dedicated phone lines. Today, you can easily send and receive faxes directly from your computer, offering a convenient and efficient way to ...
    Gareth’s WorldBy admin
    2 days ago

  • Protecting Your Home Computer A Guide to Cyber Awareness
    In our increasingly digital world, home computers have become essential tools for work, communication, entertainment, and more. However, this increased reliance on technology also exposes us to various cyber threats. Understanding these threats and taking proactive steps to protect your home computer is crucial for safeguarding your personal information, finances, ...
    Gareth’s WorldBy admin
    2 days ago

  • Server-Based Computing Powering the Modern Digital Landscape
    In the ever-evolving world of technology, server-based computing has emerged as a cornerstone of modern digital infrastructure. This article delves into the concept of server-based computing, exploring its various forms, benefits, challenges, and its impact on the way we work and interact with technology. Understanding Server-Based Computing: At its core, ...
    Gareth’s WorldBy admin
    2 days ago

  • Vroom vroom go the big red trucks
    The absolute brass neck of this guy.We want more medical doctors, not more spin doctors, Luxon was saying a couple of weeks ago, and now we’re told the guy has seven salaried adults on TikTok duty. Sorry, doing social media. The absolute brass neck of it. The irony that the ...
    More Than A FeildingBy David Slack
    2 days ago

  • Jones finds $410,000 to help the government muscle in on a spat project
    Buzz from the Beehive Oceans and Fisheries Minister Shane Jones relishes spatting and eagerly takes issue with environmentalists who criticise his enthusiasm for resource development. He relishes helping the fishing industry too. And so today, while the media are making much of the latest culling in the public service to ...
    Point of OrderBy Bob Edlin
    2 days ago

  • Again, hate crimes are not necessarily terrorism.
    Having written, taught and worked for the US government on issues involving unconventional warfare and terrorism for 30-odd years, two things irritate me the most when the subject is discussed in public. The first is the Johnny-come-lately academics-turned-media commentators who … Continue reading → ...
    KiwipoliticoBy Pablo
    2 days ago

  • Despair – construction consenting edition
    Eric Crampton writes – Kainga Ora is the government’s house building agency. It’s been building a lot of social housing. Kainga Ora has its own (but independent) consenting authority, Consentium. It’s a neat idea. Rather than have to deal with building consents across each different territorial authority, Kainga Ora ...
    Point of OrderBy poonzteam5443
    2 days ago

  • Coalition promises – will the Govt keep the commitment to keep Kiwis equal before the law?
    Muriel Newman writes – The Coalition Government says it is moving with speed to deliver campaign promises and reverse the damage done by Labour. One of their key commitments is to “defend the principle that New Zealanders are equal before the law.” To achieve this, they have pledged they “will not advance ...
    Point of OrderBy poonzteam5443
    2 days ago

  • An impermanent public service is a guarantee of very little else but failure
    Chris Trotter writes –  The absence of anything resembling a fightback from the public servants currently losing their jobs is interesting. State-sector workers’ collective fatalism in the face of Coalition cutbacks indicates a surprisingly broad acceptance of impermanence in the workplace. Fifty years ago, lay-offs in the thousands ...
    Point of OrderBy poonzteam5443
    2 days ago

  • What happens after the war – Mariupol
    Mariupol, on the Azov Sea coast, was one of the first cities to suffer almost complete destruction after the start of the Ukraine War started in late February 2022. We remember the scenes of absolute destruction of the houses and city structures. The deaths of innocent civilians – many of ...
    Open ParachuteBy Ken
    2 days ago

  • Babies and benefits – no good news
    Lindsay Mitchell writes – Ten years ago, I wrote the following in a Listener column: Every year around one in five new-born babies will be reliant on their caregivers benefit by Christmas. This pattern has persisted from at least 1993. For Maori the number jumps to over one in three.  ...
    Point of OrderBy poonzteam5443
    2 days ago

  • Should the RBNZ be looking through climate inflation?
    Climate change is expected to generate more and more extreme events, delivering a sort of structural shock to inflation that central banks will have to react to as if they were short-term cyclical issues. Photo: Lynn Grieveson / The KākāMy pick of the six newsey things to know from Aotearoa’s ...
    The KakaBy Bernard Hickey
    2 days ago

  • Bernard's pick 'n' mix of the news links
    The top six news links I’ve seen elsewhere in the last 24 hours, as of 9:16 am on Thursday, April 18 are:Housing: Tauranga residents living in boats, vans RNZ Checkpoint Louise TernouthHousing: Waikato councillor says wastewater plant issues could hold up Sleepyhead building a massive company town Waikato Times Stephen ...
    The KakaBy Bernard Hickey
    2 days ago

  • Gordon Campbell on the public sector carnage, and misogyny as terrorism
    It’s a simple deal. We pay taxes in order to finance the social services we want and need. The carnage now occurring across the public sector though, is breaking that contract. Over 3,000 jobs have been lost so far. Many are in crucial areas like Education where the impact of ...
    Gordon CampbellBy lyndon
    2 days ago

  • Meeting the Master Baiters
    Hi,A friend had their 40th over the weekend and decided to theme it after Curb Your Enthusiasm fashion icon Susie Greene. Captured in my tiny kitchen before I left the house, I ending up evoking a mix of old lesbian and Hillary Clinton — both unintentional.Me vs Hillary ClintonIf you’re ...
    David FarrierBy David Farrier
    2 days ago

  • How extreme was the Earth's temperature in 2023
    This is a re-post from Andrew Dessler at the Climate Brink blog In 2023, the Earth reached temperature levels unprecedented in modern times. Given that, it’s reasonable to ask: What’s going on? There’s been lots of discussions by scientists about whether this is just the normal progression of global warming or if something ...
    Skeptical Science
    2 days ago

  • Backbone, revisited
    The schools are on holiday and the sun is shining in the seaside village and all day long I have been seeing bunches of bikes; Mums, Dads, teens and toddlers chattering, laughing, happy, having a bloody great time together. Cheers, AT, for the bits of lane you’ve added lately around the ...
    More Than A FeildingBy David Slack
    3 days ago

  • Ministers are not above the law
    Today in our National-led authoritarian nightmare: Shane Jones thinks Ministers should be above the law: New Zealand First MP Shane Jones is accusing the Waitangi Tribunal of over-stepping its mandate by subpoenaing a minister for its urgent hearing on the Oranga Tamariki claim. The tribunal is looking into the ...
    No Right TurnBy Idiot/Savant
    3 days ago

  • What’s the outfit you can hear going down the gurgler? Probably it’s David Parker’s Oceans Sec...
    Buzz from the Beehive Point  of Order first heard of the Oceans Secretariat in June 2021, when David Parker (remember him?) announced a multi-agency approach to protecting New Zealand’s marine ecosystems and fisheries. Parker (holding the Environment, and Oceans and Fisheries portfolios) broke the news at the annual Forest & ...
    Point of OrderBy Bob Edlin
    3 days ago

  • Will politicians let democracy die in the darkness?
    Bryce Edwards writes  – Politicians across the political spectrum are implicated in the New Zealand media’s failing health. Either through neglect or incompetent interventions, successive governments have failed to regulate, foster, and allow a healthy Fourth Estate that can adequately hold politicians and the powerful to account. ...
    Point of OrderBy poonzteam5443
    3 days ago

  • Matt Doocey doubles down on trans “healthcare”
    Citizen Science writes –  Last week saw two significant developments in the debate over the treatment of trans-identifying children and young people – the release in Britain of the final report of Dr Hilary Cass’s review into gender healthcare, and here in New Zealand, the news that the ...
    Point of OrderBy poonzteam5443
    3 days ago

  • A TikTok Prime Minister.
    One night while sleeping in my bed I had a beautiful dreamThat all the people of the world got together on the same wavelengthAnd began helping one anotherNow in this dream, universal love was the theme of the dayPeace and understanding and it happened this wayAfter such an eventful day ...
    Nick’s KōreroBy Nick Rockel
    3 days ago

  • Texas Lessons
    This is a guest post by Oscar Simms who is a housing activist, volunteer for the Coalition for More Homes, and was the Labour Party candidate for Auckland Central at the last election. ...
    Greater AucklandBy Guest Post
    3 days ago

  • Bernard's pick 'n' mix of the news links at 6:06 am
    The top six news links I’ve seen elsewhere in the last 24 hours as of 6:06 am on Wednesday, April 17 are:Must read: Secrecy shrouds which projects might be fast-tracked RNZ Farah HancockScoop: Revealed: Luxon has seven staffers working on social media content - partly paid for by taxpayer Newshub ...
    The KakaBy Bernard Hickey
    3 days ago

  • Fighting poverty on the holiday highway
    Turning what Labour called the “holiday highway” into a four-lane expressway from Auckland to Whangarei could bring at least an economic benefit of nearly two billion a year for Northland each year. And it could help bring an end to poverty in one of New Zealand’s most deprived regions. The ...
    PolitikBy Richard Harman
    3 days ago

  • Bernard's six-stack of substacks at 6:26 pm
    Tonight’s six-stack includes: launching his substack with a bunch of his previous documentaries, including this 1992 interview with Dame Whina Cooper. and here crew give climate activists plenty to do, including this call to submit against the Fast Track Approvals bill. writes brilliantly here on his substack ...
    The KakaBy Bernard Hickey
    4 days ago

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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