Article – The Conversation Catherine Iorns , Te Herenga Waka Victoria University of Wellington The governments recently announced overhaul of major environmental legislation will result in a new law focused solely on climate change adaptation.Catherine Iorns,
The government’s recently announced overhaul of major environmental legislation will result in a new law focused solely on climate change adaptation.
The 30-year-old Resource Management Act (RMA) was groundbreaking when it was passed in 1991 the first in the world to be based on the concept of sustainable management. But it has been subject to many criticisms, and amendments, from all angles.
On one hand, it hasn’t protected the environment enough, allowing the degradation of waterways and loss of indigenous biodiversity. On the other hand, its procedures are slow and cumbersome, making development difficult. It has also been partly blamed for the current housing shortage in New Zealand.
The recent announcement that Westpac is “reviewing” ownership of its New Zealand business caused some speculation the decision might be due to the bank’s lower profitability. But this would be unlikely grounds for a sale, and was more a consequence of COVID-19’s impact than anything.
In fact, Westpac’s New Zealand profits should be considerably higher this year close to NZ$1 billion, as opposed to the $550 million in the previous year (to September 30 2020). Based on past experience, a sale price of $10 billion (AU$9 billion) would not be unreasonable, possibly even higher.
More likely, the proposed sale is due to the complex and conflicting regulatory requirements of the Australian and New Zealand banking supervisors. We saw this in the decision of the New Zealand supervisor, the Reserve Bank of New Zealand (RBNZ), to require banks to be positioned for “open bank resolution” (OBR).
Press Release – Science Media Centre New Zealands medicines regulator has published its first report on adverse reactions experienced by New Zealanders getting the Pfizer Covid-19 jab. There were three serious cases reported out of the more than 15,000 doses given from 20 February to 6 March. …
New Zealand’s medicines regulator has published its first report on adverse reactions experienced by New Zealanders getting the Pfizer Covid-19 jab.
There were three serious cases reported out of the more than 15,000 doses given from 20 February to 6 March. Director-General of Health Dr Ashley Bloomfield said this afternoon that all three serious cases were considered allergic reactions and were managed appropriately, and that one of them was classified as an anaphylactic reaction.
Wednesday, 7 April 2021, 4:54 pm
New Zealand’s medicines regulator has published its
first report on adverse reactions experienced by New
Zealanders getting the Pfizer Covid-19 jab.
There were
three serious cases reported out of the more than 15,000
doses given from 20 February to 6 March. Director-General
of Health Dr Ashley Bloomfield said this afternoon that
all three serious cases were considered allergic reactions
and were managed appropriately, and that one of them was
classified as an anaphylactic reaction.
The SMC asked
experts to comment.
Associate Professor James
Ussher, Department of Microbiology and Immunology,
University of Otago, comments:
“The range
of adverse events reported are consistent with those noted
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