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Overseas Investment Amendment Act 2018
The Overseas Investment Amendment Act 2018 is a bill that amends the Overseas Investment Act 2005 to ban most non-resident foreigners from buying existing houses, by classifying them as sensitive land and introducing a residency test. Australian citizens are exempt from this rule as they are considered New Zealand residents per the Trans-Tasman Travel Arrangement. Singaporean citizens are also exempt due to free trade rules. The Overseas Investment Amendment Act was supported by the Labour–led coalition government but was opposed by the opposition centre-right National and libertarian ACT parties. It passed its third reading on 15 August 2018 and received royal assent on 22 August. Legislative features The Overseas Investment Amendment Act 2018 amends the Overseas Investment Act 2005 to ensure that investments made by foreign persons benefit New Zealand. The Act would also enhance the information-gathering and enforcement powers of the Overseas Investment Office, which i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Zealand Parliament
The New Zealand Parliament ( mi, Pāremata Aotearoa) is the unicameral legislature of New Zealand, consisting of the King of New Zealand ( King-in-Parliament) and the New Zealand House of Representatives. The King is usually represented by his governor-general. Before 1951, there was an upper chamber, the New Zealand Legislative Council. The New Zealand Parliament was established in 1854 and is one of the oldest continuously functioning legislatures in the world. It has met in Wellington, the capital of New Zealand, since 1865. The House of Representatives normally consists of 120 members of Parliament (MPs), though sometimes more due to overhang seats. There are 72 MPs elected directly in electorates while the remainder of seats are assigned to list MPs based on each party's share of the total party vote. Māori were represented in Parliament from 1867, and in 1893 women gained the vote. Although elections can be called early, each three years Parliament is dissolved and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hong Kong
Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China ( abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delta in South China. With 7.5 million residents of various nationalities in a territory, Hong Kong is one of the most densely populated places in the world. Hong Kong is also a major global financial centre and one of the most developed cities in the world. Hong Kong was established as a colony of the British Empire after the Qing Empire ceded Hong Kong Island from Xin'an County at the end of the First Opium War in 1841 then again in 1842.. The colony expanded to the Kowloon Peninsula in 1860 after the Second Opium War and was further extended when Britain obtained a 99-year lease of the New Territories in 1898... British Hong Kong was occupied by Imperial Japan from 1941 to 1945 during World War II; British administration resume ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Parliamentary Counsel Office (New Zealand)
The Parliamentary Counsel Office (PCO; Māori: ''Te Tari Tohutohu Pāremata'') is New Zealand's law drafting office. It drafts New Zealand Government Bills (except Inland Revenue Bills) and Legislative Instruments. It publishes all New Zealand Bills, Acts, and Legislative Instruments in print and on the New Zealand Legislation website. History In the years before the enactment of the Statutes Drafting and Compilation Act 1920, the role of Law Draftsman was housed within several different offices. In 1920, the Law Drafting Office was established as a separate Office of Parliament by statute. In 1973, the Law Drafting Office was renamed the Parliamentary Counsel Office. The principal officers of the office were also renamed: the Law Draftsman became the Chief Parliamentary Counsel and Assistant Law Draftsmen were renamed as Parliamentary Counsel. In 1985, the Fourth Labour Government reformed the public service via the Parliamentary Service Act 1985. It abolished the Legisl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Newshub
''Newshub'' (stylised as ''Newshub.'') is a New Zealand news service that airs on the television channels Three and Eden, as well as on digital platforms. It formerly operated across radio stations run by MediaWorks Radio until December 2021. The Newshub brand replaced ''3 News'' service on the TV3 network and the Radio Live news service heard on MediaWorks Radio stations on 1 February 2016. In late 2020, MediaWorks sold Newshub to US multimedia company Discovery, Inc. (now Warner Bros. Discovery) The acquisition was completed on 1 December 2020. History MediaWorks MediaWorks launched Newshub on 1 February 2016 as a multi-platform news service to replace the former 3 News service on its television channel Three and the Radio Live news service. In March 2016, a Newshub journalist broke embargo and leaked sensitive information about a 25 basis point cut by the Reserve Bank to the Official Cash Rate (OCR). Newshub's parent company MediaWorks conducted their own investigation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Green Party Of Aotearoa New Zealand
The Green Party of Aotearoa New Zealand ( mi, Rōpū Kākāriki o Aotearoa, Niu Tireni), commonly known as the Greens, is a green and left-wing political party in New Zealand. Like many green parties around the world, it has four organisational pillars (ecological wisdom, social justice, grassroots democracy, and nonviolence). The party's ideology combines environmentalism with left-wing and social-democratic economic policies, including well-funded and locally controlled public services within the confines of a steady-state economy. Internationally, it is affiliated with the Global Greens. The Green Party traces its origins to the Values Party, founded in 1972 as the world's first national-level environmentalist party. The current Green Party was formed in 1990. From 1991 to 1997 the party participated in the Alliance, a grouping of five left-wing parties. It gained representation in parliament at the 1996 election. Historically, the Green Party had two co-leaders, one mal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Confidence And Supply
In a parliamentary democracy based on the Westminster system, confidence and supply are required for a ruling cabinet to retain power in the lower house. A confidence-and-supply agreement is one whereby a party or independent members of parliament will support the government in motions of confidence and appropriation or budget (supply) votes, by either voting in favour or abstaining. However, parties and independent members normally retain the right to otherwise vote in favour of their own policies or on conscience on legislative bills. A coalition government is a more formal arrangement than a confidence-and-supply agreement, in that members from junior parties (i.e., parties other than the largest) gain positions in the cabinet and ministerial roles, and may be expected to hold the government whip on passing legislation. Confidence In most parliamentary democracies, members of a parliament can propose a motion of confidence or of no confidence in the government or ex ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Zealand House Of Representatives
The House of Representatives is the sole chamber of the New Zealand Parliament. The House passes Law of New Zealand, laws, provides Ministers of the New Zealand Government, ministers to form Cabinet of New Zealand, Cabinet, and supervises the work of government. It is also responsible for adopting the state's New Zealand Budget, budgets and approving the state's accounts. The House of Representatives is a Representative democracy, democratic body consisting of representatives known as members of parliament (MPs). There are normally 120 MPs, though this number can be higher if there is an Overhang seat, overhang. Elections in New Zealand, Elections take place usually every three years using a mixed-member proportional representation system which combines First-past-the-post voting, first-past-the-post elected legislative seat, seats with closed party lists. 72 MPs are elected directly in single-member New Zealand electorates, electoral districts and further seats are filled by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Zealand Herald
''The New Zealand Herald'' is a daily newspaper published in Auckland, New Zealand, owned by New Zealand Media and Entertainment, and considered a newspaper of record for New Zealand. It has the largest newspaper circulation of all newspapers in New Zealand, peaking at over 200,000 copies in 2006, although circulation of the daily ''Herald'' had declined to 100,073 copies on average by September 2019. Its main circulation area is the Auckland region. It is also delivered to much of the upper North Island including Northland, Waikato and King Country. History ''The New Zealand Herald'' was founded by William Chisholm Wilson, and first published on 13 November 1863. Wilson had been a partner with John Williamson in the ''New Zealander'', but left to start a rival daily newspaper as he saw a business opportunity with Auckland's rapidly growing population. He had also split with Williamson because Wilson supported the war against the Māori (which the ''Herald'' termed "the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Zealand Nationality Law
New Zealand nationality law details the conditions by which a person holds New Zealand nationality. The primary law governing nationality requirements is the Citizenship Act 1977, which came into force on 1 January 1978. Regulations apply to the entire Realm of New Zealand, which includes the country of New Zealand itself, the Cook Islands, Niue, Tokelau, and the Ross Dependency. All persons born within the Realm before 2006 were automatically citizens at birth regardless of the nationalities of their parents. Individuals born in the Realm from that year on receive New Zealand citizenship at birth if at least one of their parents is a New Zealand citizen or otherwise entitled to live in New Zealand indefinitely (meaning New Zealand and Australian permanent residents, as well as Australian citizens). Foreign nationals may be granted citizenship if they are permanent residents and live in any part of the Realm. New Zealand was previously a colony of the British Empire and loca ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Zealand First
New Zealand First ( mi, Aotearoa Tuatahi), commonly abbreviated to NZ First, is a nationalist and populist political party in New Zealand. The party formed in July 1993 following the resignation on 19 March 1993 of its leader and founder, Winston Peters, from the then-governing New Zealand National Party, National Party. Peters had been the sitting Member of Parliament for Tauranga (New Zealand electorate), Tauranga since 1984 and would use the electorate as the base for New Zealand First until consecutive defeats by National Party candidates in Tauranga (New Zealand electorate)#2005 election, 2005 and Tauranga (New Zealand electorate)#2008 election, 2008. His party has formed coalition governments with both major political parties in New Zealand: first with the National Party from 1996 to 1998 and then with the New Zealand Labour Party, Labour Party from 2005 to 2008 and from 2017 to 2020. Peters has served on two occasions as Deputy Prime Minister of New Zealand, deputy prime m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
KiwiBuild
KiwiBuild is a real estate development scheme pursued by the Sixth Labour Government of New Zealand. It began in 2018, with the aim of building 100,000 homes by 2028 to increase housing affordability in New Zealand. It comes under the oversight of the Ministry of Housing and Urban Development and the Minister responsible is the Minister of Housing, Megan Woods. History The KiwiBuild scheme was first announced as Labour Party policy in 2012 by then leader David Shearer. The policy survived as party policy under all his successors and was a prominent feature of Labour's 2014 election campaign. After the 2017 general election, the Sixth Labour Government of New Zealand took office. Finance Minister Grant Robertson outlined a mini-budget on 14 December 2017 which allocated $2 billion of capital spending to KiwiBuild. Homes built under the programme are sold to first-home buyers and the cash is recycled into further housing developments. In mid-January 2019, Housing Ministe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Zealand Labour Party
The New Zealand Labour Party ( mi, Rōpū Reipa o Aotearoa), or simply Labour (), is a centre-left political party in New Zealand. The party's platform programme describes its founding principle as democratic socialism, while observers describe Labour as social-democratic and pragmatic in practice. The party participates in the international Progressive Alliance. It is one of two major political parties in New Zealand, alongside its traditional rival, the National Party. The New Zealand Labour Party formed in 1916 out of various socialist parties and trade unions. It is the country's oldest political party still in existence. Alongside the National Party, Labour has alternated in leading governments of New Zealand since the 1930s. , there have been six periods of Labour government under ten Labour prime ministers. The party has traditionally been supported by working class, urban, Māori, Pasifika, immigrant and trade unionist New Zealanders, and has had strongholds in i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
