May 21st, 2009
Giving business people insights into factors to be considered as the Govt prepared its 2009 Budget, Treasury Secretary John Whitehead said economic downturns don’t last forever. But global economic and financial stresses have become so severe in recent months “we face a tough few years.” He spotlighted two major categories of risk: external (the world […]
May 21st, 2009
Climate change Minister Nick Smith is having talks this week with Aust’s Penny Wong on how NZ can harmonise its emissions trading scheme with Aust’s. He says there are four significant advantages in harmonisation. First, success is only possible by countries working together; harmonisation ensures lowest cost possible mitigation measures, and it reduces compliance costs. […]
May 21st, 2009
In investing an extra billion dollars in the state highway network over the next 3 years, Transport Minister Steven Joyce says completion of major roading works is one of the initiatives the Govt believes will lift productivity, create and protect jobs, and help goods get to market faster. The National Land Transport Fund will provide […]
May 14th, 2009
Energy and Resources Minister Gerry Brownlee, who has extracted an extra $20m for the seismic data acquisition programme run by Crown Minerals over the next 3 years, is also reviewing the minerals regime. He wants to make sure the structure of exploration permits is attractive to potential explorers. Brownlee backed up his argument for more […]
May 14th, 2009
A restructuring at the Social Development Ministry will create 200 redundancies out of its 9500 staff. The Govt sees the restructuring as moving more resources out of the back office on to the frontline. It could save “many millions” of dollars and CEO Peter Hughes contends the restructuring is needed to absorb cost increases. It […]
May 7th, 2009
Transport Minister Steven Joyce has put the kybosh on the recommendation for a road network access fee to replace the current vehicle licence fee, calling it untenable and an unfair imposition on those who didn’t drive much. The Road User Charges Review Group noted the licence fee had increased by $1 since 1992, and wanted […]
May 7th, 2009
There’s more to the Mt Albert by-election than meets the public eye. The June 13 contest is generating a lot more political interest and activity than could be expected from a safe Labour seat. This is because it’s going to deliver verdicts on several fronts. Is the Govt really as popular as the opinion polls […]
May 7th, 2009
The Business Council for Sustainable Development has warned the Select Committee reviewing emissions trading delay in finalising the ETS is already hampering hundreds of millions of dollars in investment in forestry, clean energy and biotechnology which would come from having a fixed carbon price. There’s too much uncertainty around carbon trading, evidenced by the deluge […]
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