Articles tagged with Labour

Enhanced FamilyBoost Program to Benefit Thousands of Households with Early Childhood Education Costs

3 hours ago | 28 views

Starting next month, tens of thousands of households will receive increased support for early childhood education through the expanded FamilyBoost scheme, as announced by Finance Minister Nicola Willis. The legislation for the expanded ECE support scheme has passed through Parliament, with Labour reversing its position to support the enhanced FamilyBoost. Changes include increasing the proportion of ECE fees families can claim from 25 to 40 percent, raising the household income limit for FamilyBoost, and making about 21,000 more households eligible for assistance.

Tags: Nicola Willis FamilyBoost ECE households Labour scheme entitlement Income Tax Act Inland Revenue

Community Partnership Boosts Local Economy with New Accommodation in Buller

5 days ago | 135 views

Regional Development Minister Shane Jones praised the collaborative effort between Buller District Council, Development West Coast, and Endura in building 10 new units at Reefton Campground using local labor and businesses. The project aims to enhance accommodation options for both locals and tourists. The initiative not only provided employment for 50 local workers but also boosted the local economy, with Endura leasing the units initially for its staff before repurposing them for visitor accommodation.

Tags: Shane Jones Buller accommodation local labour local procurement local businesses Reefton Campground Development West Coast Endura tourism industry

Treasury Report: Pitfalls of Excessive Government Spending Exposed

1 month ago | 314 views

Finance Minister Nicola Willis highlights Treasury's report on the dangers of excessive government spending, emphasizing the challenges of using large spending measures in response to one-off shocks like the Covid-19 pandemic. The report criticizes the fiscal response to Covid, pointing out significant errors made and urging policymakers to avoid repeating those mistakes. It emphasizes the importance of restoring fiscal guardrails promptly after increased spending during crises, praising the current Government's commitment to responsible fiscal and economic management.

Tags: Treasury report government spending Finance Minister Nicola Willis fiscal policy economic shocks Labour government fiscal response

Finance Minister Nicola Willis Reacts to Lower Than Forecast Unemployment Rates

1 month ago | 300 views

Finance Minister Nicola Willis has acknowledged the latest labour market data, revealing a lower-than-expected unemployment rate of 5.2% for the June quarter, below the Treasury's forecast of 5.4%. Despite challenges like inflation and rising interest rates, the government's efforts have led to 8,000 fewer unemployed individuals than initially projected, with a focus on economic recovery and job creation through initiatives like government-funded construction projects and investment incentives. Additionally, there has been a notable increase in average hourly earnings by 4.5% in the past year, surpassing the inflation rate of 2.7%.

Tags: labour market unemployment Finance Minister Nicola Willis Stats NZ Treasury forecast economic management inflation interest rates job creation

New Zealand Farmers' Confidence Soars: Leading the Charge to Double Export Value

1 month ago | 963 views

Farmer confidence in New Zealand has reached an eight-year high, indicating the resilience of the sector and progress towards doubling export value. The shift in sentiment is evident from the latest Federated Farmers Confidence Survey, showing a significant increase in confidence levels. This positive trend is attributed to the hard work of rural New Zealanders and government support, with key improvements in profitability, productivity, and mental health reported.

Tags: Farmer confidence Minister of Agriculture Todd McClay New Zealand export value Federated Farmers Confidence Survey rural New Zealanders Labour government profitability mental health

Government Revokes Vaping Battery Rule Amid Court Challenge

1 month ago | 546 views

The Government is revoking 2023 regulations mandating removable batteries in vaping devices to address a court challenge by Mason Corporation Limited. Cabinet decided this action would resolve the case, allowing withdrawal of proceedings related to regulations introduced by the previous Labour government. The change will be implemented on September 1, eliminating the requirement for removable batteries in vaping devices, with no anticipated adverse effects on smoking or vaping rates due to prior legislation banning disposable vapes popular among youth.

Tags: Government regulations vaping devices removeable batteries court challenge Mason Corporation Limited Associate Health Minister Casey Costello Labour government gazetted disposable vapes

Dr. Shane Reti Affirms New Zealand's Commitment to Pacific Priorities at Forum Meeting in Fiji

1 month ago | 737 views

Dr Shane Reti, Pacific Peoples Minister, attended the Pacific Islands Forum Economic Ministers Meeting in Suva, Fiji, reaffirming New Zealand's commitment to Pacific-led priorities and announcing new support for climate resilience and public health initiatives. The Forum focused on strengthening regional ties, addressing economic development, banking access, and labor mobility challenges. Dr Reti launched Fiji's NZ$3.2 million participation in the Pacific Climate-Smart Agriculture and Sustainable Land Management Partnership to develop climate-resilient crops and sustainable farming practices, and announced NZ$4 million in support of Fiji's response to its national HIV outbreak to reduce transmission and fight stigma.

Tags: Shane Reti Pacific Peoples Minister Suva Fiji New Zealand Pacific Islands Forum Climate resilience Public health Economic development Labour mobility