Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Two sackings in reshuffle; Smith back; Bridges, Kaye winners

Two sackings in reshuffle; Smith back; Bridges, Kaye, Woodhouse move up

By Pattrick Smellie

Jan 22 (BusinessDesk) - Prime Minister John Key welcomed Nick Smith back into the Cabinet in a reshuffle in which he has also sacked the Labour and Conservation Minister, Kate Wilkinson, and Energy and Housing Minister Phil Heatley.

He also relieved Associate Education Minister Craig Foss of his responsibility for the Novopay system for paying teachers, putting that in the hands of Cabinet fix-it man and Economic Development Minister Steven Joyce.

Smith returns to Cabinet as Minister of Housing and Conservation, while relatively junior Minister Nathan Guy will become Minister of Primary Industries, replacing David Carter, who will become Parliament's Speaker to replace Lockwood Smith, who is to become High Commissioner in London.

Perhaps the biggest winner is Simon Bridges. A novice Associate Minister of Climate Change since last year, Bridges will add the heavyweight Energy and Labour portfolios and becomes a minister inside Cabinet.

Chris Tremain will become Minister of Local Government, a portfolio that Smith might have expected to pick up, having been architect of major reforms now occurring.

Two other big winners are Auckland Central MP Nikki Kaye and Senior Whip Michael Woodhouse. Kaye takes Food Safety, Youth Affairs and Civil Defence and Associate Education Minister. Woodhouse will be a minister outside Cabinet with responsibility for the Immigration and Veterans Affairs portfolios.

Foss picks up Consumer Affairs and keeps his commerce portfolio, while dropping Associate Education, where he was nominally in charge of the botched Novopay implementation. Hekia Parata maintains the Education portfolio.

(BusinessDesk)

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Housing: Affordability Drops 14%, Driven By Auckland Prices

Housing affordability across New Zealand fell 14 percent in the year ending November 2014, with Auckland’s lack of affordability set to reach levels it hit during the height of the global financial crisis, according to the latest Massey University Home Affordability Report More>>

ALSO:

The Dry: Fonterra Drops Forecast Milk Volumes By 3.3 Percent

Fonterra Cooperative Group, the worlds largest dairy exporter, reduced its milk volume forecast for the 2014-2015 season by 3.3 per cent due to the impact of dry weather on production in recent weeks. More>>

ALSO:

Strike: Lyttelton Port Workers Vote To Escalate Dispute

Members of the Rail and Maritime Transport Union (RMTU) at Lyttelton Port today voted to escalate their industrial action. Around 200 RMTU members have been operating an overtime ban since 17 December and today they endorsed a series of full withdrawals of labour at the port. More>>

ALSO:

Scoop Business: NZ Dollar Falls To 3-Year Low As Investors Favour Greenback

The New Zealand dollar fell to its lowest in more than three years as investors sold euro and bought US dollars, weakening other currencies against the greenback. More>>

ALSO:

Scoop Business: NZ Govt Operating Deficit Smaller Than Expected

The New Zealand’s government’s operating deficit was smaller than expected in the first five months of the financial year as a clampdown on expenditure managed to offset a shortfall in the tax-take from last month’s forecast. More>>

ALSO:

0.8 Percent Annually:
NZ Inflation Falls Below RBNZ's Target

New Zealand's annual pace of inflation slowed to below the Reserve Bank's target band in the final three months of the year, giving governor Graeme Wheeler more room to keep the benchmark interest rate lower for longer.More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news