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Home / Business

The Insider: Red tape rules

NZ Herald
30 Apr, 2015 05:00 PM4 mins to read

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Murray McCully travels to China this weekend to "refresh" the relationship.

Murray McCully travels to China this weekend to "refresh" the relationship.

Red tape rules
The Rules Reduction Taskforce is starting to hold meetings to hear complaints about loopy rules and excessive red tape. The cynical will note that every government sets out on such exercises, but little seems to come of them. Somehow, it's hard to see the latest version breaking the
mould.

Refreshing trip
Foreign Minister Murray McCully travels to China this weekend to "refresh" the relationship. This means ensuring the seven-year-old trade deal remains up to date and is as good as any other China has signed. To underline the importance of the relationship, the Government is spending $40 million on a new Beijing embassy, which will be NZ's largest mission abroad.

Reporting in
Treasury officials are busy little beavers at the moment. Not only have they been working on the May 21 Budget, but several meaty reports are on the way. The latest public sector Administrative and Support Services Benchmarking Report should be out in the next month or so, as Treasury aims to get the NZ public sector into the upper quartile of performance, against comparable organisations, by 2022. The NZ Infrastructure Plan is due in August, and will underpin capital spending decisions. As part of this, new guidelines on how to manage assets and new investments are being worked on, to take effect in July. A new Investor Confidence Rating is also being developed. On Budget Day, Treasury will also unveil revamped fiscal strategy models. The new long-term fiscal model is to be used in Treasury's next set of very long-term projections, which must be presented to Parliament before July 2017, at the latest. It's all enough to keep economy geeks happy for months.

Breaking news
Journalists travelling with the Prime Minister managed to get into lunch at Dubai's seven star Burj Al Arab, a venue which has turned away NZ politicians and officials who did not failed to meet dress standards. Despite this, they are most unhappy with him for telling a local newspaper what he did not tell them - that some New Zealand troops were in Dubai, on their way to Iraq. The Kiwis regard Key's move as unforgivable, especially after ministers said there would be no public comment on troop movements, and Key said he didn't see the subject as newsworthy.

Merger move
The departmental mega-merger which created the Ministry of Business, Innovation and Employment has now resulted in most staff moving into the previously vacant Defence Headquarters in Stout St. Talk among the real estate sector in Wellington is that the building conversion cost $60 million. All those "synergies" and "efficiencies" don't come cheap.

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Kirkcaldie & Stains suffered a first-half loss as sales fell.
Kirkcaldie & Stains suffered a first-half loss as sales fell.

Quiet aisles
These are tough times for a Wellington icon, the venerable department store Kirkcaldie & Stains, which suffered a first-half loss as sales fell. The loss was $501,000 in the six months to February, from a $563,000 profit a year earlier. The retailer, which is beloved by many of the better paid members of the civil service, had a 0.6 per cent drop in retail sales, to $16.9 million. This could be another sign of tough times in the public sector.

Ins and outs
Parliament buildings is not very user-friendly - some parts are virtually inaccessible to anyone in a wheelchair. Moves are being made to improve access, including the recent installation of a talking system in the Bowen House lifts to tell people which floor they are on. This is good news for the blind, and - unkind souls have suggested - for a few MPs who look permanently lost.

One area of Parliament buildings which faces no improvement is the Press Gallery accommodation. The media's area - former home of the Parliamentary Counsel Office - is the last place in Parliament to get earthquake strengthening. Even the statues around the grounds have been given the treatment ahead of the journalists' offices. After the latest shake this week, this is a reminder of the esteem in which the fourth estate is held by Parliament's other occupants. The Speaker's Office is apparently furious over coverage of the recent parliamentary delegation tour of Europe, so it is hard to see work starting any time soon.

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