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Climate Change Minister Paula Bennett and Finance Minister Steven Joyce have welcomed the release of the Productivity Commission’s issues paper for the inquiry into how New Zealand can maximise the opportunities and minimise the costs and risks of transitioning to a lower carbon economy.

Climate Change Minister Paula Bennett and Finance Minister Steven Joyce have asked the Productivity Commission to review how New Zealand can maximise the opportunities and minimise the costs and risks of transitioning to a lower carbon economy.

“This next step in our climate change work programme will enable us to properly assess the economic trade-offs that we’ll need to make to meet our ambitious 2030 Paris Agreement target,” says Mrs Bennett.

Targeted early intervention and a Social Investment approach is being reflected in the steadily improving Better Public Services (BPS) Results, Ministers Bill English and Paula Bennett say.

The Government has released the BPS mid-year report which outlines the progress being made against the 10 challenging Results set by the Prime Minister in 2012.

Student achievement is ahead of target, welfare dependence continues to fall, immunisation rates are growing and child abuse rates are stabilising, Ministers Bill English and Paula Bennett say.

The Government has released the latest update of the Better Public Services (BPS) Results, outlining their progress against the ten challenging targets set by the Prime Minister in 2012.

An overseas company’s application to purchase Lochinver Station has been declined because the benefits to New Zealand are not substantial and identifiable, Ministers Paula Bennett and Louise Upston say.

Pure 100 Farm Ltd, a subsidiary of China-based Shanghai Pengxin, applied to the Overseas Investment Office (OIO) last year to buy the 13,800 ha farm near Taupo for $88 million.

The Productivity Commission’s latest report on social services in New Zealand will be a valued input into the Government’s ongoing programme of public sector reform, Finance Minister Bill English and State Services Minister Paula Bennett say.

The Commission found there are significant opportunities to improve the support given to the most vulnerable New Zealanders.

“The Government agrees with the Commission’s analysis of the weakness in our current social delivery systems,” Mr English says.

Associate Finance Minister Paula Bennett leaves today to visit Indonesia and the Philippines for a range of meetings promoting strong regional ties in Asia and the Pacific.

In Indonesia, the Minister will be guest of honour at the NZ-ASEAN 40th Anniversary Awards event where she will present awards to seven Indonesians who have significantly contributed to deepening New Zealand’s relationship with Indonesia and the ASEAN region. 

The Government has set itself ambitious new targets including 75,000 fewer New Zealanders being on benefits by June 2018 as part of its Better Public Services drive, Finance Minister Bill English and State Services Minister Paula Bennett say.

Associate Finance Minister Paula Bennett leaves Monday for Beijing where she will attend the Asia Pacific Economic Cooperation (APEC) annual meeting of Finance Ministers.

The meeting, on 22 October, will consider the current economic situation and outlook in the Asia-Pacific region, as well as discussing co-operation on infrastructure investment and financing, among other issues. The meeting will be preceded by a ministers’ retreat on Tuesday.