Steven Joyce tagged posts
March 10, 2010 New Zealand Finance
The New Zealand Government has announced that from 2012 the tertiary-education funding scheme will be changed to reflect the academic performance of institutions and not just their enrollment numbers.
In Government statement released March 10th, Steven Joyce, New Zealand Tertiary Education Minister, announced that the funding that tertiary institutions receive in 2012 will be based on their academic performance of 2010. Dr Roy Sharp, Chief Executive of the Tertiary Education Commission (TEC), confirmed that from July 2010 the academic information of each tertiary institution will be published and used to evaluate funding entitlement. Judging parameters will include student’s progression to higher levels of study; student retention rates; course completion; and, qualification completion.Read More
September 30, 2009 New Zealand Taxation
The 1st of October will see an increase in the prices paid by New Zealanders for petrol.
Fuel Excise Duty (FED) and Road User Charges (RUC) charged across New Zealand are to be increased on October 1st. Prices of petrol at the pump will be 3 cents higher and RUC will increase 10% for small diesel cars and vehicles weighing up to ten tonnes, while heavy trucks will only see 3%-6% added to their charges.
According to statements by Steven Joyce, New Zealand Transport Minister, the three cent FED rise is comprised of a 1.5 cent annual increase as scheduled by the previous government and another 1.5 cents aimed at subsidizing the now removed regional fuel tax...Read More
Indications have it that the road user charges which act as a tax on diesel fuel could soon be scrapped.
Transport Minister Steven Joyce is expected to release a review over the next few weeks, in May, assessing the viability of replacing Road User Charges (RUC) currently levied on diesel users, with a system more akin to the current tax per liter of petrol.
The report on which Steven Joyce is commenting was submitted to him earlier, which was initially started by request of the previous government’s Transport Minister, Annette King.
From initial statements by the government, there are already indicators that this decision will go ahead. It is claimed that from the $900 million generated by the RUCs, $120 million is spent on administration and follow up...Read More