Slow boat to Fiji: aborted rescue plan fuels navy controversy

Article Abstract:

The confusing signals given by the government of New Zealand in May 1987 to the military over the rescue of a New Zealand plane hijacked in Fiji at the height of a coup d'etat in the latter country has become etched in controversy. Then New Zealand Prime Minister David Lange had allegedly instructed the military not just to save the passengers but also ensure the safety of the 2,000 New Zealand residents in Fiji. Ex-Chief of Defense staff David Crooks interpreted the instructions as an order to engage in a military offensive that was futile considering the preparedness of Fiji troops and the inadequate military resources of New Zealand.

International relations, Military aspects, Fiji, New Zealand foreign relations, Fijian foreign relations, Lange, David

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Cut above the rest: New Zealand seeks jobs from forest-rights sale

Article Abstract:

New Zealand's forest-rights sales could bring the country as much as NZ$2.1 billion, but also involve politics concerning jobs and Maori land rights. A history of job growth through foreign purchases of cutting rights, and subsequent investment in the industry, mitigates broad public opposition. However, a planned sale of rights to 188,000 hectares, or 13% of the national pine plantations, has aroused the leftist Alliance with employment concerns. Some 15 Maori land claims are also involved and violence has arisen over claims elsewhere. US, Chinese, and Australian companies are interested.

LUMBER AND WOOD PRODUCTS, Wood & Wood Products, Wood Product Manufacturing, Contracts, Political aspects, Forests and forestry, Forests, Natural resources, Forest policy

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Kiwis open their books

Article Abstract:

The New Zealand Government issued a financial statement of its assets and liabilities as of Dec 31, 1991 on Apr 8, 1992. The government has a negative net worth of NZ$10.1 billion (US$5.5 billion), a deterioration by NZ$12 billion in a ten-year span attributed to running budget deficits. The government financial statement, considered a world first, puts more pressure on government agencies to improve asset maintenance and management and to dispose superfluous assets. It is the last element of an effort to improve fiscal management in New Zealand.

Planning, Reports, Accounting and auditing, Budget, Budgeting, Budgets, Fiscal policy, Financial statements, New Zealand. Ministry of Finance

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