Trading places: Seymour steps up, Peters gears up
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Otago Daily Times
13 minutes ago
- Otago Daily Times
NZ 'back on course', govt says
By Russell Palmer of RNZ The government has launched a defence of its record on tackling the cost of living. Finance Minister Nicola Willis joined Prime Minister Christopher Luxon at the Beehive Theatrette for the weekly post-Cabinet briefing. She spent much of the previous week facing questions about her meeting with Fonterra chief executive Miles Hurrell. Luxon said this week marked a full year since the tax bracket changes National campaigned on had come into effect. "It's only through a strong economy that wages rise faster than inflation, that Kiwis can get ahead of their daily costs and our businesses can take risks that can mean that they can invest, grow, and create more jobs," he said. He directly targeted National's main rival in opposition. "Other parties in Parliament believe that raising taxes, growing the public sector, and giving more handouts to those who refuse to work is the answer. Taxing more, spending more, and borrowing more as Labour and others advocate for didn't work in the past and it won't work in the future." The government's decision to increase fees paid to board members on Crown entities - in some cases up to 80 percent - may undercut the messaging that National is prioritising low and middle-income New Zealanders' interests. But Luxon today pointed to the building products changes announced over the weekend, and the proposed ban on payment surcharges as recent examples. He then pointed to other items in the government's agenda, including: the current pipeline of infrastructure projects, Roads of National Significance, completing the City Rail Link, signing trade deals with the United Arab Emirates and Gulf Cooperation Council, starting negotiations with India, the digital nomads visa, and the Investment Boost policy. Willis soon picked up the baton, rattling off her own list of changes the government had made which she said had helped lower costs, including: the Family Boost policy, ending the Reserve Bank's secondary mandate to account for unemployment, curbing government spending, changing residential tenancy laws, tax deductability changes for landlords, delaying the previous government's petrol excise increases, scrapping the Auckland Regional Fuel Tax, increasing rates rebates for seniors, increasing Working for Families support, and extending maximum subscription lengths. She said National had campaigned on tackling the cost of living crisis, and pointed to rising GDP per capita and wages rising faster than inflation as a result of the government's interventions. "Taking the pressure off inflation - that is the general level of price increases across the economy - helps with the cost side of the cost-of-living equation. Lower inflation means less pressure on prices... it's pleasing to say that wages are now growing faster than inflation and forecasts show this trend continuing over the next few years." She said the government's tax changes meant "households have benefited by an average of $60 a fortnight". The change to interest deductibility for landlords had helped to take the heat out of the rental market, she said, noting "the 2.6 increase for the year to June was the lowest since 2011". She said the government was also making big structural changes, saying "the last government conclusively proved that band aids are not enough" and pointing to a series of policies yet to come to fruition: the Going for Housing Growth policy, Fast-tracking renewable energy consenting, work to address supermarket competition, and to curb council rates increases. "Economies are like oil tankers, you can't turn them around on a dime. But New Zealand is back on course," Willis said. The lists of government achievements kept coming, with Willis also pointing to: education reform, the investment boost (again), promoting global trade and investment, changes to the research and development sector, and "delivering infrastructure projects faster and better". Meanwhile, a Cabinet Office Circular reveals the government signed off on increases to fees available to board members of Crown entities. This includes increases of 30 percent for Group 2 and 4 boards and Audit and Risk committees, and an increase of 80 percent for Group 3 bodies. Luxon said the public sector director fees "have got completely out of whack compared to private sector fees". "Obviously we will never pay as much as someone in the private sector but when you are spending $32 billion on healthcare for example, it's important that we are actually able to attract really good governors for the Health NZ board, for example," he said. The changes took effect at the start of July.
RNZ News
3 hours ago
- RNZ News
Watch: Christopher Luxon booed at netball premiership finals
Prime Minister Chrisopher Luxon appears to have been booed by spectators at the ANZ Premiership netball finals over the weekend. Luxon was on stage to present awards after the final game. Loud jeers from the crowd could be heard as Luxon was introduced, video from the official broadcast shows. What prompted the crowd's reaction is unclear. The Mainland Tactix broke their ANZ Premiership drought , dethroning two-time defending champions Northern Mystics 58-46 in the grand final at Auckland's Trusts Arena. Comment has been requested from the prime minister's office. He's due to speak to reporters at the Beehive about 4pm for this regular post-Cabinet press conference Sign up for Ngā Pitopito Kōrero , a daily newsletter curated by our editors and delivered straight to your inbox every weekday.
RNZ News
4 hours ago
- RNZ News
Henry Puna returns as president of Cook Islands Party
Pacific Islands Forum secretary general, Henry Puna. Photo: Forumsec Former Cook Islands Prime Minister and Pacific Islands Forum secretary-general Henry Puna has been appointed president of the ruling Cook Islands Party (CIP). The CIP is the party of Prime Minister Mark Brown, who continues to serve as party leader. Puna has also previously served as CIP leader. A statement from Cook Islands Party said Puna brings "unparalleled experience" in his former roles as, party president, party leader, Prime Minister, and head of the Pacific Islands Forum. "His return to the Party Executive signals a renewed sense of stability, unity, and strategic focus," the statement said. "With Henry Puna as President, and Mark Brown leading as Prime Minister and Party Leader, the Cook Islands Party is confident in its future direction and leadership." Former Cook Islands Prime Minister Henry Puna has been appointed president of the Cook Islands Party. Photo: Cook Islands Party The change in president comes as the governments of New Zealand and the Cook Islands are in an increased time of tension stemming from what Wellington views as a lack of consultation over deals Brown signed with China in February. New Zealand paused $18.2m in development assistance last month. The statement from the party said delegates were briefed on the current diplomatic challenges between the Cook Islands and New Zealand. "One of the immediate priorities for the new Party President is to work closely with the Party Leader and Prime Minister to navigate these issues and uphold the interests of the Cook Islands," the statement said. The annual general meeting was held on Thursday local time on Rarotonga and was attended by representatives from all 24 electorates.
