New Zealand has ratified the Upgrade to the Agreement establishing the ASEAN-Australia-New Zealand Free Trade Area (AANZFTA), Minister for Trade Todd McClay announced today. “ASEAN which is comprised of Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam, is New Zealand’s fourth largest trading partner in two-way trade – and is home to some ...
The coalition Government’s new one-stop shop fast-track consenting regime for regionally and nationally significant projects will help rebuild the New Zealand economy, say RMA Reform Minister Chris Bishop and Minister for Regional Development Shane Jones. The Fast-track Approvals Bill passed its third reading in Parliament today. Applications for projects to be considered using the new ...
Foreign Minister Winston Peters has appointed Craig Ellison to the Board of Antarctica New Zealand. The appointment is effective from 18 December 2024 for a three-year term and brings the Board to its full capacity of seven members. “Mr Ellison joins the Board with a background in Antarctic science, and extensive governance experience across a ...
Foreign Affairs Minister Winston Peters has announced four new diplomatic appointments. “Our diplomats play an important role in ensuring New Zealand’s interests are maintained and enhanced across the world,” Mr Peters says. “It is a pleasure to announce the appointment of these senior diplomats from the Ministry of Foreign Affairs and Trade.” The appointments are: Jonathan ...
The Government is adopting a new financial indicator and a new approach to capital allowances, Finance Minister Nicola Willis says. These changes follow reviews, announced at the Budget, of the operating balance before gains and losses (OBEGAL) and the multi-year capital allowance (MYCA). “Since 2008, governments have used OBEGAL to communicate their short-term fiscal strategy ...
Lifting the productive capacity of the economy is the key to realising New Zealand’s potential, Finance Minister Nicola Willis says. “The Half Year Economic and Fiscal Update released today shows the Crown’s financial position has deteriorated over the past six years, but the economy has reached a turning point. “Inflation is back under control, the ...
Associate Justice Minister Nicole McKee has welcomed Cabinet’s decision to undertake public consultation on the rewrite of the Arms Act 1983. “Phase four of my firearms reforms is the rewrite of the Act and, as promised, we will be consulting with the New Zealand public. The consultation period will open in January and run through ...
The Government has today confirmed a 50 per cent reduction to the annual charge for forest owners participating in the forestry Emissions Trading Scheme (ETS), Forestry Minister Todd McClay announced. “This decision delivers on the Government’s promise to rebuild confidence in the forestry sector and support its role in achieving New Zealand’s exporting and emissions ...
Children’s Minister Karen Chhour has welcomed the release of the first quarter of Oranga Tamariki performance data. “Since becoming Minister for Children, I have been clear that Oranga Tamariki must be relentlessly focused on the safety of children and young people in its care. “This is why I introduced key performance measures, to be publicly reported ...
The wider disability community will have their say early next year on how the Government should deliver disability support services that are fair, consistent, transparent, and sustainable, Disability Issues Minister Louise Upston says. “The Government is committed to better public services and building a disability support system that delivers better outcomes for disabled people based ...