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Community Scoop » Managing Retreat: Why New Zealand Is Drafting A New Law To Enable Communities To Move Away From Climate Risks


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. ....

New Zealand , Catherine Iorns , Herenga Waka , Te Herenga Waka Victoria University Of Wellington , Victoria University Of Wellington , Australian Productivity Commission , Ministry For The Environment , Victoria University , Wellington The , Resource Management Act , Aotearoa New , புதியது ஜீலாந்து , விக்டோரியா பல்கலைக்கழகம் ஆஃப் வெலிங்டன் , ஆஸ்திரேலிய ப்ரோடுக்டிவிடீ தரகு , அமைச்சகம் க்கு தி சூழல் , விக்டோரியா பல்கலைக்கழகம் , வெலிங்டன் தி , வள மேலாண்மை நாடகம் ,

Business Scoop » Hostage To Fortune: Why Westpac Could Struggle To Find The Right Buyer For Its NZ Subsidiary


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). ....

New Zealand , Martien Lubberink , Herenga Waka , National Bank , Zealand Stock Exchange , Professor In School Of Economics , Victoria University Of Wellington , China Construction Bank , Massey University , Zealand Superannuation Fund Or Accident Compensation Corporation , Australian Prudential Regulatory Authority , Te Herenga Waka Victoria University Of Wellington , Zealand Commerce Commission , Victoria University , Wellington The , David Tripe , Reserve Bank , Commerce Commission , New Zealand Superannuation Fund , Accident Compensation Corporation , New Zealand Stock , New Zealand Owned , Commercial Bank , Associate Professor , Creative Commons , புதியது ஜீலாந்து ,

Open mike 08/01/2021


millsy 2.2
Muldoon refused to devalue the NZ Dollar under the instructions of the incoming Labour government, instead proposing a joint statement ruling out devaluation. However he backed down after his cabinet or caucus threatened to, in the case of the former, resign en masse/ask the GovGen to sack him and in the case of the latter, remove him as leader of the National Party. There are conflicting rumours. He was fine with going, he just didnt want to devalue.
Adrian 3
I very much doubt that Trump has the codes. In his last unhinged weeks Nixon’s red button or phone ( I can’t remember which ) was apparently hooked up to a cupboard in the WH kitchen, it could ring but nobody could hear it. As I recall it was in a book or interview with a senior military person about 20 years ago. The American military might be a lot of things but the very senior people are not stupid. ....

Hawke Bay , New Zealand General , New Zealand , United States , United Kingdom , Central Province , Papua New Guinea , South Australia , Milford Sound , New South Wales , Mount Gambier , Port Moresby , National Capital , New Zealanders , Papua New Guineans , John Bonallack , Alastair Grahame , Kylie Jenner , Joe Biden , Kate Cantrell , Nematullah Bizhan , Orderby Bob Edlin , Victor Mambor , Jacinda Ardern , Spinoffby Toby Morris , Susan Houge Mackenzie ,