Miners celebrate support for economic growth – Straterra
Source: Straterra Inc
Tax policy proposal would boost NZ racing
Source: New Zealand Government
Racing Minister, Winston Peters has announced the Government is preparing public consultation on GST policy proposals which would make the New Zealand racing industry more competitive.
“The racing industry makes an important economic contribution. New Zealand thoroughbreds are in demand overseas as racehorses and for breeding. The domestic thoroughbred industry put nearly a billion dollars into the economy in 2022/23,” Mr Peters says.
Bloodstock breeders often join together in a joint venture when investing in a thoroughbred, helping with the initial purchase price and ongoing costs.
Mr Peters says common practice amongst joint ventures including bloodstock breeders is to individually claim GST deductions in their own GST returns. Inland Revenue has however recently concluded that the current rules do not allow this.
“To comply with this, breeders would incur the compliance cost of registering and filing GST returns for each horse separately every month or every two months. The Government is proposing to take a pragmatic approach and avoid imposing compliance costs by allowing current practice.
“If this proposal proceeds, it will place the New Zealand industry on a more equal footing with the Australian industry,” Mr Peters said.
The consultation document is expected to be published in the coming months on taxpolicy.ird.govt.nz.
Mr Peters also congratulated New Zealand Bloodstock on the just completed 99th National Yearling Sales at Karaka, with combined sales of $86m.
A highlight was the record $2.4m paid for a Savabeel-sired filly – the highest price ever paid for a filly sold in New Zealand.
“The sales show the New Zealand bloodstock industry is in good health and the industry presents major potential for growth both domestically and through international interest,” Mr Peters says.
Fire Safety – Fire restrictions eased in parts of Mid-South Canterbury
Source: Fire and Emergency New Zealand
First Responders – Tiwai Peninsula vegetation fire update #2
Source: Fire and Emergency New Zealand
Latest climate target as useful as a screen door on a submarine – Greenpeace
Source: Greenpeace
Buzzing from the world stage to Auckland’s elections
Source: Auckland Council
The dynamic new digital platform Buzzly, created to engage youth in civics and developed by Auckland Council just four months ago, has won at the World Summit Awards 2024 for Digital Innovation with Social Impact.
Buzzly was recognised as one of the best digital impact solutions in the Government & Citizen Engagement category. Chosen from more than 400 solutions worldwide, Buzzly wowed judges by demonstrating how innovation can tackle societal challenges and contribute to achieving UN Sustainable Development Goals.
The platform was developed to bridge a gap in civic engagement and policy-making involving young people, particularly Māori and Pasifika. It targets the voice of youth and establishes an inclusive space for rangatahi to share ideas using creative challenges, rewarding participation and ensuring youth insights are heard and valued by decision-makers.
World Summit Awards’ national expert for New Zealand, Frances Valintine is thrilled for Buzzly.
“This recognition is a testament to your vision and determination, and we are so pleased you are representing Aotearoa New Zealand on the global stage,” says Ms Valintine.
“Your hard work and dedication to empowering youth voices is truly inspiring, and we’re confident that you will make a significant impact for youth involvement in important matters.”
Auckland Council’s Governance and Engagement General Manager, Lou-Ann Ballantyne says, “Gaining youth engagement is no easy feat and this achievement so far demonstrates how the Buzzly platform is really able to move and shake things up in this space.”
And General Manager Group Strategy, Transformation and Partnerships, Anna Bray is proud of the team.
“Thanks to funding from council’s The Southern Initiative, Buzzly has come a long way since upgrading from ‘Up South’, a platform initially designed to engage Māori and Pasifika rangatahi of South Auckland. I look forward to seeing what else it can do,” says Ms Bray.
The Buzzly team is now getting ready to take on a major mission – improving youth participation in Auckland’s Elections 2025.
With Auckland’s elections planning well underway, it is hoped Buzzly will be the “cavalry” to ramp up youth participation in this year’s elections. In 2022, of the 1.1 million Aucklanders registered to vote, only 26 per cent of those aged 18-25 voted.
The platform’s first ever elections challenge asks participants to consider, “What’s the council done for me?”, and encourages potential entrants to do their homework by asking, “What do you love about Auckland, and how’s the council involved?” as well as “How could the council make Auckland a city that slays?”
Platform users can respond to the challenge by producing content with a call to action for their peers in whatever medium they choose, and the best outputs are awarded prizes.
The purpose of the challenge is to show rangatahi, who are among Tāmaki Makaurau’s harder-to-reach audiences, how the decisions made by local government impact their daily lives – giving them reason to engage.
The What does Auckland Council do for you? challenge is live 3 February – 9 March 2025 with $200 prizes up for grabs – get all the buzz here.
Signs of hope as Whangamarino Wetlands bounces back from fire
Source: Department of Conservation
Date: 31 January 2025
The good news comes just ahead of World Wetlands Day, which celebrates and raises awareness of the significant role wetlands play for the planet and people. This year’s theme is protecting wetlands for our common future.
Aotearoa has seven Ramsar-listed wetlands, recognised as internationally significant sites, including Whangamarino Wetland in Waikato.
The October fire burned through about 1000 hectares of the peatland, one of the few remaining raised peatlands in the southern hemisphere. It stores a significant amount of carbon in its soils, and is home to rare native plants and threatened species like the matuku-hūrepo/Australasian bittern and pūweto/spotless crake.
DOC Whangamarino Ranger Lizzie Sharp says thanks to relatively high water levels in the peatland before the fire, only a shallow layer of the peat soils was burned.
“The wetland is showing signs of hope. The peatland areas of Whangamarino were healthy before the fire as it wasn’t being actively drained and had good vegetation cover dominated by native plants, so we’re more confident about its recovery.”
“Although this is great news, the fire has still caused significant damage to the vegetation and upper layers of the wetland, resulting in loss of 1000ha of critical habitat for threatened species. The loss of biodiversity caused by the fire will likely take decades to recover.
It’s like the peat bog has lost its skin. It is still vulnerable and losing water more easily than it should. The new conditions are inviting for weeds like willow, royal fern, and pampas.”
Lizzie says the recovery plan will focus on controlling invasive weeds which will give the native peat vegetation time to recover from their seed sources which survived the fire.
“Peat bog wetlands are normally low-nutrient environments and the plants living there have adapted to those conditions. The firefighting effort used water from nearby waterways which had much higher nutrient levels, so we want to understand how the wetland responds to this.”
DOC Principal Science Advisor Freshwater Hugh Robertson says other peatland fires in New Zealand have emitted more than 200 tonnes of carbon per hectare, but the loss of carbon at Whangamarino is likely to be only about 50-80 tonnes per hectare because the wet peat soils did not burn. However, further research is needed to confirm the carbon emissions.
“Peatlands are great carbon stores because the vegetation in them, which holds the carbon, decomposes very slowly, trapping it. It’s like the vegetation freezes in time.
“However, peat soils are highly flammable, particularly when they’re dried out. Re-wetting our wetlands will make them less susceptible to the impacts of fires which in turn will reduce greenhouse gas emissions,” Hugh says.
World Wetlands Day, celebrated annually on 2 February, dates back to 1971 when environmentalists gathered in the city of Ramsar, Iran, to reaffirm protection for our world’s wetlands.
The day highlights the influence and positive production wetlands have on the world and brings communities together for the benefit of wetlands. It also raises global awareness of the significant role wetland’s play for the planet and people.
Contact
For media enquiries contact:
Email: media@doc.govt.nz
Where’s the “culture of yes” on climate ambition?
Source: Green Party
The Green Party is calling on the Government to strengthen its just-announced 2030-2035 Nationally Determined Contribution (NDC) under the Paris Agreement and address its woeful lack of commitment to climate security.
“This new NDC is the closest thing the Government could do to breaking the Paris Agreement and walking away from our international climate commitments without actually doing it,” says the Green Party Co-Leader and Climate Change spokesperson, Chlöe Swarbrick.
“The expert, independent Climate Change Commission demonstrated how reductions of over 70 per cent are completely achievable, making it completely ridiculous for the Government to suggest that 51 per cent is the best we can do.
“Where’s Christopher Luxon’s much-talked-about ambition and ‘culture of yes’ when it comes to protecting the climate necessary for life as we know it?
“We have the plan, we have the tools, and we have the vision – it’s been laid out for everyone by the Climate Change Commission. All that’s missing is the political willpower.
“This Government loves to compare our ambition to other countries – but only when it suits them. The UK has just set a target of reducing their emissions 81 per cent by 2035. We can do the same, or even better.
“Christopher Luxon has consistently told us all he’s committed to our climate targets and goals. The Paris Agreement requires all signatories to consistently ratchet up ambition. The rhetoric isn’t matching reality.
“That reality of climate change is now impossible to ignore. Every decision this Government makes to keep fossil fuels on life support and delay the transition contributes to the growing frequency and intensity of climate change charged extreme weather, ultimately costing us all the more dearly.
“This ‘culture of yes’ should be about saying ‘yes’ to a thriving future. ‘Yes’ to a liveable planet. ‘Yes’ to the kind of ambition that once upon a time made us world-leaders,” says Chlöe Swarbrick.
Business confidence signals progress
Source: New Zealand Government
Business confidence remains very high and shows the economy is on track to improve, Economic Growth Minister Nicola Willis says.
“The latest ANZ Business Outlook survey, released yesterday, shows business confidence and expected own activity are ‘still both very high’.”
The survey reports business confidence fell eight points to +54 in January, while expected own activity eased four points to +46.
ANZ summarises the business confidence change between months as “easing, but still extremely high”.
“This is another sign that the business outlook is on the right track. I’m pleased to see businesses feel more confident about the economy,” Nicola Willis says.
“I know New Zealanders have been doing it tough. Many have suffered through a high cost of living and sky-high interest rates.
“This survey result, along with NZIER’s this month, shows things are set to get better.
“New Zealanders are impatient for that change, and so am I. That’s why I am focused on driving economic growth to go further and faster.
“We’ve already had positive progress with inflation under control and interest rates finally coming down. The fact that firms expect an increase in their own activity is a sign of future economic growth.
“Economic growth means more and better-paying jobs for Kiwis and creates community wealth, bringing in the revenue we need to pay for the world-class infrastructure, health and education services New Zealanders deserve.
“That is where we are heading.”
IMAX Rockets to Best Chinese New Year Opening with $12 Million
Source: Media Outreach
SHANGHAI, CHINA – Media OutReach Newswire – 30 January 2025 – IMAX China set a record Chinese New Year opening day with a whopping $12 million in box office revenue, eclipsing the previous record set in 2021. Additionally, with 1.2 million admissions nationwide, IMAX achieved its highest day-one attendance in history, paving the way for a robust new year.
IMAX captured 5% of the Chinese New Year box office to date with 1% of the total screens, marking its highest percentage of first-day results ever. Notably, 7 out of the top 10 highest-grossing theaters nationwide were IMAX venues, highlighting the audience’s strong preference gravitating toward the IMAX experience.
This year’s Chinese New Year holiday is widely acclaimed as the strongest in history, with exceptional audiovisual effects recognized as a key factor in drawing audiences to theaters. Five blockbusters landed in IMAX theaters, marking the largest lineup in history, including “Creation of the Gods II: Demon Force,” featuring IMAX’s exclusive aspect ratio; “Operation Hadal,” a Filmed for IMAX title shot entirely with IMAX certified camera; “Nezha 2,” “Detective Chinatown 1900,” and “The Legend of the Condor Heroes.” With their strong IP appeal, diverse genres, and high-quality audiovisual spectacles, this robust lineup caters to a broad audience demographic, creating significant momentum for IMAX’s Chinese New Year holiday window.
Hashtag: #boxoffice #chinafilmmarket #chinafilm #Imax #ImaxChina #HK1970
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– Published and distributed with permission of Media-Outreach.com.