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88-924: The New Zealand Broadcasting Corporation ( NZBC ) was a publicly owned company of the New Zealand Government founded in 1962. The Broadcasting Act 1976 then reformed NZBC as the Broadcasting Corporation of New Zealand ( BCNZ ). The corporation was dissolved on 1 April 1975, and replaced by three separate organisations: Radio New Zealand , Television One , and Television Two , later known as South Pacific Television . The television channels would merge again in 1980 to become Television New Zealand , while Radio New Zealand remained unchanged. The NZBC had its headquarters in Broadcasting House in Bowen St, Wellington behind

176-603: A U-boat on the surface off the African coast. He attacked U-468 but as he did so, the aircraft was hit by the U-boat's anti-aircraft fire and burst into flames. The aircraft continued the attack and sank the U-boat but crashed shortly afterwards, with all the crew being killed. The crew's actions were reported by the U-boat's survivors, and the Victoria Cross was awarded as a result. The first NZ squadron to serve with

264-585: A 100 kW regional transmitter was received and re-transmitted by another. The network news was made possible by switching inputs to the regional transmitters, so that a signal could be relayed across the country. For instance, the Te Aroha regional transmitter for Hamilton could be switched away from Auckland programming to relay off-air, the Wellington signal coming up the country. Auckland then could see Wellington via Te Aroha. The non-synchronous switching

352-550: A Territorial unit at Hobsonville, flying Catalinas and later Sunderlands. A Gloster Meteor arrived in 1945, introducing the jet age. The force was equipped from 1946 with the de Havilland Mosquito before the arrival of de Havilland Vampires . Initially used in peacekeeping in Cyprus and Singapore the Vampires were supplemented by loaned de Havilland Venoms and, later, English Electric Canberras , both of which saw action in

440-514: A dramatic maritime rescue and in the aftermath of the Napier earthquake the NZPAF flew in urgently needed supplies and medical equipment. Like other western air arms a major expansion began from the mid-1930s. The NZPAF ordered twelve Vickers Vildebeests in 1933–34 to form two bomber-reconnaissance flights at Hobsonville and Wigram. In 1937 29 Blackburn Baffins were purchased specifically to equip

528-678: A flight of Short Sunderlands and almost 1,000 training machines. To administer units in the South Pacific, No. 1 (Islands) Group RNZAF was formed, with Air Commodore Sidney Wallingford as its commander, on 10 March 1943. In addition to this, several hundred RNZAF personnel saw action with RAF squadrons or the FAA in Burma, Singapore and the South Pacific. By 1945 the RNZAF had over 41,000 personnel, including just over 10,000 aircrew who served with

616-615: A peak of over 1,000 combat aircraft in 1945, the RNZAF has shrunk to a strength of around 48 aircraft in 2022. It focuses on maritime patrol and transport duties in support of the Royal New Zealand Navy and the New Zealand Army . Its air combat capability ended in 2001, with the disbanding of the A-4 Skyhawk and Aermacchi MB-339 equipped squadrons. The Air Force is led by an Air Vice-Marshal who holds

704-661: A public objective. For that reason, SOEs primarily operate in the domain of infrastructure (e.g., railway companies), strategic goods and services (e.g., postal services, arms manufacturing and procurement), natural resources and energy (e.g., nuclear facilities, alternative energy delivery), politically sensitive business, broadcasting, banking, demerit goods (e.g., alcoholic beverages ), and merit goods (healthcare). SOEs can also help foster industries that are "considered economically desirable and that would otherwise not be developed through private investments". When nascent or 'infant' industries have difficulty getting investments from

792-495: A regular enterprise, state-owned enterprises are typically expected to be less efficient due to political interference, but unlike profit-driven enterprises they are more likely to focus on government objectives. In Eastern Europe and Western Europe , there was a massive nationalization throughout the 20th century, especially after World War II . In the Eastern Bloc , countries adopted very similar policies and models to

880-677: A second TV channel in 1975 also saw the reorganisation of broadcasting in New Zealand. On 1 April 1975, the NZBC was split into 3 separate state owned corporations: Television One, Television Two and Radio New Zealand . The existing NZBC television service became TV One, and was based in Avalon Television Centre in Lower Hutt which officially opened on 17 March 1975. TV One, which began transmission on 1 April 1975, used

968-518: A ship suspected of gun-running. The bomb did no damage, and the target turned out to be a local missionary vessel. A territorial wing of the New Zealand Air Force was raised in 1930 with three squadrons at RNZAF Station Hobsonville (with flights at Hamilton and Napier), Wellington and Christchurch though without equipment. A fourth squadron planned for Dunedin had not been raised even by July 1939. More creditably, Fairey III Fs made

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1056-562: Is a viable argument for SOEs is debated. SOEs are also frequently employed in areas where the government wants to levy user fees , but finds it politically difficult to introduce new taxation. Next, SOEs can be used to improve efficiency of public service delivery or as a step towards (partial) privatization or hybridization. SOEs can also be a means to alleviate fiscal stress, as SOEs may not count towards states' budgets. Compared to government bureaucracy, state owned enterprises might be beneficial because they reduce politicians' influence over

1144-764: Is approximately 70% of total employment. State-owned enterprises are thus a major factor behind Belarus's high employment rate and a source of stable employment. In most OPEC countries, the governments own the oil companies operating on their soil. A notable example is the Saudi Arabian national oil company , Saudi Aramco , which the Saudi government bought in 1988, changing its name from Arabian American Oil Company to Saudi Arabian Oil Company. The Saudi government also owns and operates Saudi Arabian Airlines , and owns 70% of SABIC as well as many other companies. China's state-owned enterprises are owned and managed by

1232-886: Is difficult to determine categorically what level of state ownership would qualify an entity to be considered as state-owned since governments can also own regular stock , without implying any special interference). Finally, the term "enterprise" is challenged, as it implies statutes in private law which may not always be present, and so the term "corporations" is frequently used instead. Thus, SOEs are known under many other terms: state-owned company, state-owned entity, state enterprise, publicly owned corporation, government business enterprise, government-owned company, government controlled company, government controlled enterprise, government-owned corporation, government-sponsored enterprise , commercial government agency, state-privatised industry public sector undertaking, or parastatal, among others. In some Commonwealth realms , ownership by The Crown

1320-557: Is highlighted in the predominant local terminology, with SOEs in Canada referred to as a " Crown corporation ", and in New Zealand as a " Crown entity ". The term " government-linked company " (GLC) is sometimes used, for example in Malaysia , to refer to private or public (listed on a stock exchange) corporate entities in which the government acquires a stake using a holding company . The two main definitions of GLCs are dependent on

1408-739: Is the aerial service branch of the New Zealand Defence Force . It was formed initially in 1923 as a branch of the New Zealand Army , being known as the New Zealand Permanent Air Force, becoming an independent air force on 1 April 1937. The RNZAF fought in World War II , Malaya , the Korean War , Vietnam and the Gulf War and has undertaken United Nations peacekeeping missions. From

1496-507: Is the site of the present Royal New Zealand Air Force Museum . A trickle of new-build Bristol Fighters and other new types joined the NZPAF in the late 1920s and early 1930s. A Lewis gun -equipped De Havilland Gipsy Moth floatplane took part in naval operations against rebels in Samoa . The NZPAF's first action came in 1930 when the Moth dropped an improvised bomb made out of a treacle tin on to

1584-649: The 1st Australian Task Force was established at Nui Dat an airfield was built to accommodate the RNZAF freighters so that personnel and supplies could be delivered more directly. Canberra bombers were deployed in a non combat role, with crew observing American operations, and deploying to South Vietnam to conduct joint training with the USAF. As 1ATF expanded, in June 1966, No. 9 Squadron RAAF had gone to South Vietnam and based itself at Vung Tau , equipped with Bell UH-1 Iroquois aircraft. Politically and operationally, it

1672-569: The Bristol Freighter . Bristol Freighter serial NZ5901 crashed in the Cameron Highlands during supply drop operations on 10 December 1956. The aircraft flew into a valley and collided with a 4000-foot fog shrouded ridge . SQNLDR Alexander Tie, FLTOFF William Devescovi, FLTOFF Douglas Nelson and 5 passengers were killed, while a single passenger survived and was later rescued. Antarctic Flight The RNZAF Antarctic Flight

1760-984: The Malayan Emergency and subsequent confrontation with Indonesia . Internal communications and transport and other services were maintained by No. 42 Squadron RNZAF . It supported the Army and Navy using Grumman TBM-1 Avengers , the Territorial Air Force's North American P-51D Mustangs and North American Harvards , the VIPs with De Havilland Devons , also used for support, communications and multi-engine conversion training, and Douglas C-47 , Douglas DC-6 , and Handley Page Hastings for VIP and communications support. Nos. 5 and 6 Squadrons traded their lend-lease Catalinas for Short Sunderland MR5s operating in maritime patrol and search and rescue roles from Hobsonville and Laucala Bay, Fiji . 6 Squadron

1848-822: The Royal Air Force . The primary role of the RNZAF was to take advantage of New Zealand's distance from the conflict by training aircrew as part of the Empire Air Training Scheme , alongside the other major former British colonies, Canada, Australia and South Africa. For this task large numbers of de Havilland Tiger Moths , Airspeed Oxfords and North American Harvards were manufactured or assembled locally; second-hand biplanes—such as Hawker Hinds and Vickers Vincents —were also acquired, as well as other types for specialised training such as Avro Ansons and Supermarine Walruses . Only when German surface raiders and Japanese submarines became active

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1936-470: The Second World War , No. 14 Squadron RNZAF was sent to Japan as part of the occupation J Force . The rest of the air force rapidly divested itself of aircraft and manpower and settled mainly into training and transport mode before the advent of the rejuvenated No. 14 Squadron RNZAF and No. 75 Squadron RNZAF . From 1949 Compulsory Military Training reinvigorated the reserve component of

2024-715: The State-owned Asset Supervision and Administration Commission (SASAC) . China's state-owned enterprises generally own and operate public services, resource extraction or defense. As of 2017 , China has more SOEs than any other country, and the most SOEs among large national companies. China's SOEs perform functions such as: contributing to central and local governments revenues through dividends and taxes, supporting urban employment, keeping key input prices low, channeling capital towards targeted industries and technologies, supporting sub-national redistribution to poorer interior and western provinces, and aiding

2112-632: The Territorial Air Force for coastal reconnaissance work. An initial shipment of 16 Vickers Vincent bomber-reconnaissance biplanes arrived in July 1939. More modern British types eventually arrived, including significant numbers of Airspeed Oxfords , Avro 626s , Fairey Gordons . The NZPAF was renamed the Royal New Zealand Air Force in 1934 and became an independent service in 1937. At the outbreak of World War II

2200-508: The parliamentary buildings . The building construction began in 1959 and it was opened in 1963. After 1975 it was occupied by Radio New Zealand. At 7:30pm on 1 June 1960, New Zealand's first television channel, AKTV2 , started broadcasting in Auckland from the NZBC building at 74 Shortland Street , previously used to broadcast public radio station 1YA and now home to The University of Auckland 's Gus Fisher Gallery . Owned and operated by

2288-460: The "A" caption, the Auckland inject would be played. At the end of the item, the process would be reversed with a "W" for Wellington being switched sequentially, and then finally the Wellington presenter would appear again in all centres. The viewer would see a black non-synchronous switch which would take a second or so. Eagle-eyed viewers could see the identification letters change on the corner of

2376-513: The Act. But before such stations could be established, the corporation, which took office on 1 April 1962, was required to undertake a review of existing coverage. At the time of transfer, the Corporation assumed responsibility for the control of 35 radio stations and four television stations. The number of licence holders for sound radio grew to more than 600,000. The tremendous appeal of television

2464-464: The Air Force. The four Territorial squadrons, No. 1 Squadron RNZAF (Auckland), Wellington, Canterbury and No. 4 Squadron, Territorial Air Force , at Taieri Aerodrome , were equipped with the 30 Mustangs re-activated from storage, along with a few Tiger Moths and Harvards for each squadron. No. 4 Squadron TAF was active from at least 1951–55. From 1952 to 1957 No. 6 Flying Boat Squadron operated as

2552-900: The Blue") for the previous 12 years. New Zealand 's military aviation began in 1913 when the New Zealand Army was presented with two Blériot monoplanes by the United Kingdom. Both aircraft were handed back after war broke out. In the Great War , New Zealand aircrew flew as part of the Royal Flying Corps (British Army), British Royal Naval Air Service , and the Australian Flying Corps . New Zealand pilots serving with British Empire forces saw service in all theatres. Fifteen became aces , with

2640-530: The F4U. At its peak, in the Pacific, the RNZAF had 34 squadrons – 25 of which were based outside New Zealand and in action against Japanese forces. Thirteen of these squadrons were equipped with Corsairs, six with Venturas, two with Catalinas, two with Avengers and two with Douglas Dakota transport aircraft. The RNZAF also had a squadron of Dauntless dive bombers, several mixed transport and communications squadrons,

2728-532: The Japanese, including Geoff Fisken , the Commonwealth's leading ace in the Pacific war. Other squadrons flew the elderly but effective Douglas Dauntless and, later, the modern Grumman Avenger torpedo bomber. From 12 October 1943, as part of Operation Cartwheel , RNZAF aircraft joined an allied air campaign against Japanese held airfields and the port of Rabaul. The RNZAF took on a significant part of

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2816-516: The MNLA, away from their usual station location in Hong Kong . By the time the aircraft were withdrawn in late 1951, 211 sorties had been carried out, dropping 284,000 kg of supplies. Korean War Although no RNZAF units were sent to Korea, a number of New Zealanders flew with other air forces in the conflict. Two men flew Gloster Meteor jets with No. 77 Squadron RAAF ; one, Vance Drummond ,

2904-882: The Minister of Finance II, the Minister in the Prime Minister's Department in charge of the Economic Planning Unit, the Chief Secretary to the Government, Secretary General of Treasury and the heads of each of the GLICs (the Employees Provident Fund, Khazanah Nasional Berhad , Lembaga Tabung Angkatan Tentera (the armed forces pension fund), Lembaga Tabung Haji and Permodalan Nasional Berhad . Khazanah Nasional Berhad provided

2992-867: The New Zealand Broadcasting Service. With the passing of the Broadcasting Corporation Act 1961, the New Zealand Broadcasting Corporation was established, with F. J. Llewellyn as its chairman. During the course of the Bill through the House of Representatives in the session of 1961, provision was made for the establishment of privately owned stations and, although strongly opposed by the Labour Opposition, this became part of

3080-681: The Pacific Theatre— initially, in 1942, Curtiss P-40 Kittyhawks and additional Harvards and Hudsons. The fall of Singapore led to some evacuated RNZAF pilots, that had been serving in the RAF there, becoming available in New Zealand. These men provided an experienced nucleus around which new fighter squadrons, the first being No. 14 Squadron RNZAF formed at Masterton, were established. From mid-1943, at Guadalcanal , starting with No. 15 and No. 14 Squadrons, several RNZAF Kittyhawk units fought with distinction. Several pilots became aces against

3168-807: The RAF base at Changi, Singapore resupplying the Commonwealth forces at the firebases and outposts located on the borders. From 1962, the primary RNZAF contribution to the Vietnam War was No. 40 Squadron RNZAF and No. 41 Squadron RNZAF providing troop transport for military and non-military personnel and resupply runs. 40 Sqn flew from New Zealand or from the RAF base in Singapore, usually via Australia, to Vietnam and elsewhere in South East Asia using Lockheed C-130 Hercules freighters. 41 Sqn flew from Singapore to Hong Kong via South East Asia using Handley Page Hastings , Bristol 170 Freighters . When

3256-600: The RAF in Europe and Africa. In the post war period the RNZAF dealt progressively with demobilisation and disposal of its large obsolete fleet, rearmament to support the Cold War , some loss of training opportunities with the American suspension of ANZUS Treaty obligations in protest at New Zealand becoming a nuclear free zone, social changes which saw women become combat pilots, and the loss of combat capability. Following

3344-510: The RAF itself included pilots, such as the first RAF ace of the war, Flying Officer Cobber Kain and Alan Deere (whose book Nine Lives was one of the early post-war accounts of combat); and leaders such as the World War I ace, Air Chief Marshal Sir Keith Park , who commanded No. 11 Group RAF in the Battle of Britain and went on to the air defence of Malta (and, in the closing stages of

3432-508: The RAF was not strictly an Article XV squadron. No. 75 Squadron RAF was formed by RNZAF aircrews and Vickers Wellington bombers in August 1939. The squadron later flew Short Stirlings , Avro Lancasters and Avro Lincolns . Through accident or design, other RAF units came to be mostly manned by RNZAF pilots, including No. 67 Squadron RAF (which ace Geoffrey Fisken served with) and No. 243 Squadron RAF in Singapore, No. 258 Squadron RAF in

3520-507: The Reserve lists. It was initially equipped with the surviving Avro 504 K, the DH.4s, DH.9s and Bristol Fighters . These operated from an airfield outside Christchurch at Sockburn. In 1926 Wigram donated £2,500 for the purchase of modern fighters and Gloster Grebes were acquired. Sockburn was later renamed RNZAF Station Wigram , a name adopted by the suburb which grew up around the airfield. It

3608-462: The South Pacific. The RNZAF was part of the force tasked with securing the line of advance by incapacitating bypassed Japanese strongholds, for example, Rabaul. As the war progressed the older types were replaced with more powerful modern aircraft; Kittyhawks gave way to Vought F4U Corsairs , while Hudsons were replaced by Venturas. At the close of war the RNZAF was planning to bring 320 North American P-51 Mustangs into service as part replacement for

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3696-786: The UK. Several Grumman Martlet and Grumman Hellcat units of the FAA also had New Zealanders in their ranks, leading some texts to claim these types were used by the RNZAF. New Zealand Article XV Squadrons included No. 485 , which flew Supermarine Spitfires throughout the war; No. 486 ( Hawker Hurricanes , Hawker Typhoons and Hawker Tempests ); No. 487 , ( Lockheed Venturas and de Havilland Mosquitoes ); No. 488 , ( Brewster Buffaloes , Hurricanes, Bristol Beaufighters and Mosquitoes); No. 489 , ( Bristol Blenheims , Bristol Beauforts , Handley Page Hampdens , Beaufighters and Mosquitoes); and No. 490 , equipped with Consolidated Catalinas and Short Sunderlands . The presence of German raiders led to

3784-1019: The USSR. Governments in Western Europe, both left and right of centre, saw state intervention as necessary to rebuild economies shattered by war. Government control over natural monopolies like industry was the norm. Typical sectors included telephones , electric power , fossil fuels , iron ore , railways , airlines , media , postal services , banks , and water . Many large industrial corporations were also nationalized or created as government corporations, including, among many others: British Steel Corporation , Equinor , and Águas de Portugal . A state-run enterprise may operate differently from an ordinary limited liability corporation. For example, in Finland, state-run enterprises ( liikelaitos ) are governed by separate laws. Even though responsible for their own finances, they cannot be declared bankrupt ;

3872-466: The WNTV1 and DNTV2 studios and the existing channel frequencies, while AKTV2's Shortland Street studios and CHTV3 studios and new channel frequencies were used for the new TV2, which commenced later that year on 30 June. In 1980, TV One and South Pacific (known once again as TV2) were merged into a single organisation, Television New Zealand (TVNZ). State-owned enterprise The terminology around

3960-412: The appointment of Chief of Air Force . The RNZAF motto is the same as that of the Royal Air Force , Per Ardua ad Astra , meaning "Through Adversity to the Stars". The Māori language name Te Tauaarangi o Aotearoa , meaning "New Zealand Warriors of the Sky" or more literally "The New Zealand War Party of the Sky", was adopted in 2009; the name had been Te Hokowhitu o Kahurangi ("War Party of

4048-435: The area to the north of New Zealand. With the apparent threat of imminent invasion New Zealand was forced to look to her own defence, as well as to help the United Kingdom. Trainers and airliners in New Zealand were camouflaged and armed and various types, such as the North American Harvard, Hawker Hind , Airspeed Oxford and even the de Havilland Tiger Moth, formed shadow bomber, army co-operation and fighter squadrons for use in

4136-402: The deaths of labour activists killed in police charges. This led to the creation of the Malayan National Liberation Army (MNLA), a communist guerrilla organisation. New Zealand's first contribution came in 1949, when C-47 Dakotas of RNZAF No. 41 Squadron were attached to the Royal Air Force 's Far East Air Force . The C-47s were used to airdrop supplies to British and Malay forces fighting

4224-402: The event of invasion. Hudsons moved forward into the South Pacific while No. 5 Squadron, at RNZAF Station Laucala Bay in Fiji, commenced operations against the Japanese despite its obsolete equipment. In New Zealand preparations intensified and in 1942 three Groups were established to direct air and, if necessary, air defence operations. The vulnerability of New Zealand to Axis naval activity

4312-428: The flying schools, barnstormers and commercial operators. The importance of aviation in warfare was belatedly recognised, largely thanks to the efforts of visionary parliamentarian Sir Henry Wigram . On 14 June 1923 the New Zealand Permanent Air Force was gazetted: a part of the Army initially staffed by a total of four officers and two other ranks as full-time staff, plus the New Zealand Air Force with 102 officers on

4400-419: The footage to a receiving dish across Cook Strait, from which it was forwarded through the recently commissioned South Island network. The link was completed later that year, the first NZBC Network News transmitted on 3 November, read by Dougal Stevenson. The NZBC's microwave network between facilities was very much ad hoc. Due to a shortage of microwave links, the network was completed by "off air" hops, where

4488-444: The form of Public Sector Undertakings (PSUs). The Malaysian government launched a GLC Transformation Programme for its linked companies and linked investment companies ("GLICs") on 29 July 2005, aiming over a ten-year period to transform these businesses "into high-performing entities". The Putrajaya Committee on GLC High Performance ("PCG"), which oversaw this programme, was chaired by the Prime Minister , and membership included

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4576-411: The formation of New Zealand-based combat units—initially rearming types, like the Vildebeest, and hurriedly converting impressed airliners, such as the de Havilland DH.86 to carry bombs. Lockheed Hudsons were obtained early in 1941 to take over this role. No. 5 Squadron with Vickers Vincents and Short Singapores was sent to protect Fiji. In December 1941 Japan attacked and rapidly conquered much of

4664-412: The leading application of the incomplete contract theory to the issue of state-owned enterprises. These authors compare a situation in which the government is in control of a firm to a situation in which a private manager is in control. The manager can invest to come up with cost-reducing and quality-enhancing innovations. The government and the manager bargain over the implementation of the innovations. If

4752-423: The link over Cook Strait had not been completed, and there was no link between New Zealand and the outside world. Footage of the Moon landing was recorded on video tape at the Australian Broadcasting Commission 's ABN-2 in Sydney, then rushed by an RNZAF English Electric Canberra to Wellington and WNTV1. To forward this to the South Island, the NZBC positioned one of its first outside broadcasting vans to beam

4840-425: The maritime reconnaissance task with Catalina (and later Sunderland) flying boats and Hudson bombers. The role of the RNZAF changed as the allies moved onto the offensive. The Americans, leaders of the Allied nations in the Pacific, planned to bypass major Japanese strongholds , instead capturing a handful of island bases to provide a supply chain for an eventual attack on Japan itself. The Allied advance started from

4928-592: The negotiations fail, the owner can decide about the implementation. It turns out that when cost-reducing innovations do not harm quality significantly, then private firms are to be preferred. Yet, when cost-reductions may strongly reduce quality, state-owned enterprises are superior. Hoppe and Schmitz (2010) have extended this theory in order to allow for a richer set of governance structures, including different forms of public-private partnerships . SOEs are common with natural monopolies , because they allow capturing economies of scale while they can simultaneously achieve

5016-625: The newly created Far East Strategic Reserve . On 1 May 1955, the air force carried out its first strike mission since the end of World War II , and its first with jet aircraft , using de Havilland Vampires of No. 14 Squadron RNZAF . In 1955, the squadron was re-equipped with de Havilland Venoms and carried out 115 strike missions. The squadron was replaced in 1958 by No. 75 Squadron flying English Electric Canberras from their operational station in Tengah . In July 1955 No. 41 Squadron returned to Malaya and resumed supply dropping operations in support of anti-guerrilla forces, this time using

5104-554: The outbreak of World War II . Others returned to New Zealand and, serving part-time, provided the nucleus of the New Zealand Permanent Air Force (NZPAF). At the close of hostilities Great Britain offered an Imperial Gift to each of the Dominions of a hundred war-surplus combat aircraft. New Zealand was the last to respond and least enthusiastic. When the 33 total aircraft, Avro 504s , Bristol F.2 Fighters and, De Havilland designed, Airco DH.4s and Airco DH.9s , did reach New Zealand they were either placed in storage or loaned to

5192-453: The primary equipment of the RNZAF was to be 30 Vickers Wellington bombers ordered in 1938. The aircraft were completed, and RNZAF crews were training on them in the UK in 1939; but with the outbreak of war in Europe increasingly likely, the New Zealand government offered the aircraft with their crews to the United Kingdom in August 1939. They became No. 75 (New Zealand) Squadron RAF within No 3 Group. Many other New Zealanders were serving in

5280-399: The private sector (perhaps because the good that is being produced requires very risky investments, when patenting is difficult, or when spillover effects exist), the government can help these industries get on the market with positive economic effects. However, the government cannot necessarily predict which industries would qualify as such 'infant industries', and so the extent to which this

5368-428: The proportion of the corporate entity a government owns. One definition purports that a company is classified as a GLC if a government owns an effective controlling interest (more than 50%), while the second definition suggests that any corporate entity that has a government as a shareholder is a GLC. The act of turning a part of government bureaucracy into a SOE is called corporatization . In economic theory ,

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5456-451: The question of whether a firm should be owned by the state or by the private sector is studied in the theory of incomplete contracts developed by Oliver Hart and his co-authors. In a world in which complete contracts were feasible, ownership would not matter because the same incentive structure that prevails under one ownership structure could be replicated under the other ownership structure. Hart, Shleifer, and Vishny (1997) have developed

5544-432: The screen. Those with poor vertical hold would have to wait a little longer for the picture to stabilise. Occasionally, a transmitter would be switched out of sequence and the viewers would be treated to the sight of 100 kW of video feedback. With the establishment of the Warkworth satellite station in 1971, New Zealand could finally communicate with the rest of the world. The first live broadcast received by satellite

5632-437: The secretariat to the PCG and managed the implementation of the programme, which was completed in 2015. As of 2024, Philippines Amusement and Gaming Corporation (PAGCOR) is the most profitable state-owned enterprise in the Philippines. It is the third largest contributor to government revenues, following taxes and customs. RNZAF The Royal New Zealand Air Force ( RNZAF ; Māori : Te Tauaarangi o Aotearoa )

5720-469: The service. Conversely, they might be detrimental because they reduce oversight and increase transaction costs (such as monitoring costs, i.e., it is more difficult and costly to govern and regulate an autonomous SOE than it is the public bureaucracy). Evidence suggests that existing SOEs are typically more efficient than government bureaucracy, but that this benefit diminishes as services get more technical and have less overt public objectives. Compared to

5808-465: The state answers for the liabilities. Stocks of the corporation are not sold and loans have to be government-approved, as they are government liabilities. State-owned enterprises are a major component of the economy of Belarus . The Belarusian state-owned economy includes enterprises that are fully state-owned, as well as others which are joint-stock companies with partial ownership by the state. Employment in state-owned or state-controlled enterprises

5896-447: The state's response to natural disasters, financial crises and social instability. China's SOEs are at the forefront of global seaport-building, and most new ports constructed by them are done within the auspices of the Belt and Road Initiative . As of at least 2024, an Ethiopian SOE is Africa's largest and most profitable airline, as well as Ethiopia's largest earner of foreign exchange. In India , government enterprises exist in

5984-411: The storm disrupting both shipping and flights for a further 24 hours, the first video of the sinking crossed Cook Strait via regular transmissions from WNTV1 and was received on a privately owned television set in Blenheim , at the top of the South Island some 80 km line-of-sight distance from Wellington. A Blenheim-based news reporter's film camera was pointed at the television, then the exposed film

6072-435: The strategic alliances at the time. The arrival of the Bell 47 introduced the helicopter to the RNZAF. In 1964 New Zealand began helping Malaysia to fight Indonesia’s attempt to wrest control of the North Borneo territories in what was known as Confrontation . This role, which continued until 1966, saw New Zealand soldiers from 1RNZIR and NZ SAS mount covert cross-border raids into Indonesia. RNZAF flew continuous missions from

6160-440: The summers of 1956, 1957 and 1958 before disbanding in 1960. Operations in Antarctica resumed in 1965 when a Hercules flew the first of what have become annual summer flights from Christchurch to the continent. To the present day, the RNZAF operates both Boeing 757 and Lockheed C-130 Hercules to Phoenix Airfield . Post-war Modernisation The Chief of Air Staff appointed in June 1962 was Air Vice-Marshal Ian G. Morrison , who

6248-439: The term state-owned enterprise is murky. All three words in the term are challenged and subject to interpretation. First, it is debatable what the term "state" implies (e.g., it is unclear whether municipally owned corporations and enterprises held by regional public bodies are considered state-owned). Next, it is contestable under what circumstances a SOE qualifies as "owned" by a state (SOEs can be fully owned or partially owned; it

6336-549: The top scorer being Keith Caldwell having, depending on how it is counted, more than 24 victories. The government assisted two private schools to train pilots for the conflict. The Walsh brothers flying school at Auckland was founded by Leo and Vivian Walsh —pioneers who had made the first controlled flight in New Zealand. From 1915 pilots trained on the Walsh Brothers Flying Boats including Curtiss machines, aircraft of their own design and, later in

6424-521: The war, Commonwealth air units under South East Asia Command ) and Air Marshal Sir Arthur Coningham Air Tactical Commander during the Normandy landings in June 1944 (Coningham and Park had remained with the RAF after WWI). Three RNZAF pilots were awarded the Victoria Cross while serving with the RAF. James Allen Ward , a Sergeant Pilot with 75 Squadron , was first, when he climbed out onto

6512-512: The war, the first two aircraft made by Boeing . In 1916 Sir Henry Wigram established the Canterbury Aviation Company at Sockburn, Christchurch , and purchased Caudron biplanes from Britain for pilot training. He gave the aerodrome, later Wigram Aerodrome , to the government for defence purposes. At the end of the war many New Zealand pilots stayed with the new Royal Air Force and several had attained high rank by

6600-418: The wing of his Vickers Wellington bomber to smother an engine fire in flight on 7 July 1941. In 1943 then Wing Commander Leonard Trent continued to lead an extremely hazardous, but vital, attack at the head of 487 Squadron until every aircraft was shot down. The same year, Flying Officer Lloyd Trigg , serving with No. 200 Squadron RAF was piloting a Consolidated B-24 Liberator bomber when it encountered

6688-721: Was advantageous for the RNZAF to assist the RAAF , who were facing a shortage of available pilots. In all, 16 RNZAF officers would serve in operational service in Vietnam with No. 9 Squadron RAAF . Flight Lieutenant Bill Waterhouse, the RNZAF's only Māori helicopter pilot at the time was killed in January 1969 flying an Iroquois in Canberra while preparing for service in South Vietnam . The RNZAF additionally provided assistance in

6776-408: Was demonstrated by the fact that in the first three-year period of development the number of licence holders reached a total of 275,000 (November 1964). The annual income from all sources exceeded NZ£ 5,000,000, more than NZ£ 250,000 being paid in taxation. Initially, the four television facilities were unlinked, and programming had to be shipped between each station. However, for urgent news video, it

6864-463: Was demonstrated when a submarine-launched Japanese float plane overflew Wellington and Auckland , where it was chased ineffectually by a Tiger Moth. As few combat-capable aircraft were available at home and Britain was unable to help, New Zealand turned to the United States and signed a Lend-Lease agreement. Gradually at first, America was able to supply New Zealand with aircraft for use in

6952-473: Was disbanded while 5 Squadron received P-3B Orions in 1965. A research flight helped develop Aerial Topdressing . In 1957, the Territorial Air Force (TAF) was formally disbanded following a review of New Zealand's local defences. Malayan Emergency The Malayan Emergency was declared by the British government on 18 June 1948 after several rubber plantation workers were killed in a revenge attack over

7040-446: Was done manually initially and later with tone switching. During the network news presented from Wellington, if an inject was required from Auckland, Auckland would switch from transmitting Wellington pictures to transmitting, briefly a black screen with a small white "A" in the corner. Then each transmitter down the country would have to switch over so that the "A" would eventually appear in Wellington and beyond. Once all centres could see

7128-621: Was formed in 1956 to assist the Commonwealth Trans-Antarctic Expedition , equipped with an Auster Mk.7c purchased from the UK Air Ministry (NZ1707), De Havilland Canada DHC-3 Otter (NZ6081), and a De Havilland Canada DHC-2 Beaver (NZ6001, changed to NZ6010 to remove overlapping numbers with an RNZAF Gloster Meteor ), with hardened and equipped with skis . It helped transport men, dog teams and supplies, and carried out geological mapping over

7216-809: Was it realised that a combat force would be needed in New Zealand in addition to the trainers. New Zealanders serving with the RAF The majority of RNZAF personnel served with RAF units, six RNZAF Article XV squadrons , which were RNZAF units attached to RAF formations, and the Royal Navy's Fleet Air Arm (FAA). They served in Europe, the Mediterranean, South East Asia and other theatres. Commonwealth personnel under RAF operational control were pooled for operational practicality and many RNZAF airmen also served with Royal Australian Air Force or Royal Canadian Air Force Article XV squadrons. New Zealanders in

7304-567: Was possible to link the two stations in each island using Post Office Telephone Department (now Chorus ) coaxial toll lines at the expense of a number of voice channels. This method was too costly for the regular programming. The most notable example of the unlinked facilities was when the inter-island ferry TEV  Wahine sank in Wellington Harbour on 10 April 1968 – newscasts of the disaster had to be transmitted over Post Office lines by WNTV1 to AKTV2 in Auckland. However, due to

7392-484: Was rushed by road to Christchurch, developed and transmitted over CHTV3, concurrently sent further south to DNTV2 for transmission there via a coax cable link. This Blenheim film appears to be the only surviving footage of the first day, and it shows part of the television set that the camera was pointed at. By the time of the Apollo 11 mission in July 1969, the two islands were each network-capable via microwave link, but

7480-554: Was shot down and captured. A New Zealand Army artillery lieutenant was attached to a USAF tactical control unit as an observer in light aircraft. New Zealand born Alan Boxer , later a British air marshal, flew B-29 Superfortress missions on USAF attachment. One New Zealander flying in Korea as a lieutenant in the British Royal Navy from HMS Ocean , Cedric Macpherson, was killed on 11 February 1953 when his Hawker Sea Fury

7568-643: Was shot down by ground fire. Five New Zealanders took part in Royal Australian Navy missions over Korea from the Australian carrier HMAS Sydney . Some of these pilots were former RNZAF members, others joining directly the British and Australian forces. Far Eastern Strategic Reserve (FESR) In 1955, the RNZAF established bases in Singapore and Malaysia. No. 41 Squadron moved to Changi , while No. 14 Squadron relocated to Tengah . These two squadrons represented New Zealand's air contributions to

7656-549: Was the 1971 Melbourne Cup on 2 November. For the first 13 years, NZBC TV broadcast solely in black and white. Colour television , using the phase alternating line (PAL) system, was introduced on 31 October 1973, in preparation for the 1974 British Commonwealth Games , held in Christchurch the following February. Due to the lack of colour facilities, only four of the ten sports (swimming, diving , athletics and boxing ) could be broadcast in colour. The introduction of

7744-471: Was to oversee the modernisation of the RNZAF. Greener stated that Morrison '..saw the three elements of the Air Force—strike capability, transport, and maritime patrol—as being of equal value, and sought improvements in aircraft in each area. The following aircraft were purchased or put on order. Morrisons modernisation programme saw the RNZAF switch primarily from British to American aircraft, reflecting

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