NZ Dollar Outlook: Kiwi may decline on US jobs data

Article – BusinessDesk

NZ Dollar Outlook: Kiwi may decline as US jobs data seen boosting case for rate hike Read more »

More talk as Auckland congestion worsens

Press Release – New Zealand Labour Party

The main impact of the Governments agreement with Auckland Council today will be simply to delay still further decisions needed to relieve the citys traffic congestion, says Labours Auckland Issues Spokesperson, Phil Goff. Read more »

Let’s Get Auckland Moving says EMA

Press Release – Employers And Manufacturers Association

Media statement Thursday, August 27, 2015 Lets Get Auckland Moving says EMA The joint announcement around central and local government working more closely in regards to resolving Aucklands transport issues has been hailed as a step in the right … Read more »

Treasury wrong to conclude KiwiSaver doesn’t lift savings

Article – BusinessDesk

Aug. 26 (BusinessDesk) – Treasury analysis claiming that the KiwiSaver scheme doesn’t add to national savings rates is wrong because it used data from a short period affected by the global financial crisis, compares the wrong groups of people, and ignores … Read more »

BERL forecasts cyclical slowdown

Press Release – BERL

While New Zealands economic growth for the next couple of years will be slower than in recent times it is set to remain positive, according to BERLs latest assessment of the situation and prospects for the New Zealand economy. Read more »

Stalled TPP chance for wider discussion

Press Release – New Zealand Labour Party

Failure to get the TPP agreement across the line gives New Zealanders an opportunity to put more pressure on the Government not to sign away our sovereignty, Opposition leader Andrew Little says. Read more »

Time for the Govt to come clean on flailing TPP

Press Release – Green Party

The Government should come clean about what concessions it has already made and what issues have been left on the TPP negotiating table, the Green Party said today. Read more »

Groser disappointed TPP deal not reached

Press Release – New Zealand Government

Trade Minister Tim Groser is disappointed that the TPP negotiations were unable to reach a conclusion today, but TPP ministers collectively pledged to meet again as soon as possible to finalise the deal. Read more »

TPPA ministerial fails – time for NZ Govt. to cut losses

Press Release – Professor Jane Kelsey

The final ministerial meeting on the Trans-Pacific Partnership Agreement (TPPA) in Maui has failed. Not opting to stay another day shows the gridlock is serious and potentially intractable, according to University of Auckland law professor … Read more »

Mainfreight calls for transport strategy involving KiwiRail

Article – BusinessDesk

July 29 (BusinessDesk) – Mainfreight chairman Bruce Plested has criticised what he says is the government’s lack of a national transport plan, throwing his support behind state-owned rail operator KiwiRail and calling it an integral part of the … Read more »

Labour will not support TPP if it undermines NZ sovereignty

Press Release – New Zealand Labour Party

The Labour Party will not support the Trans Pacific Partnership Agreement unless key protections for New Zealanders are met, Opposition leader Andrew Little says. Labour supports free trade. However, we will not support a TPP agreement that … Read more »

Successful first year for hi-tech start-ups

Press Release – New Zealand Government

Science and Innovation Minister Steven Joyce today welcomed a successful first year for innovative start-ups receiving repayable grants from the new technology incubators funded through Callaghan Innovation. Read more »

Radio NZ facing death by 1000 cuts

Press Release – New Zealand Labour Party

The National Governments seven year funding freeze on Radio New Zealand has put its vital public broadcasting services in serious jeopardy, Labours Broadcasting spokesperson Clare Curran says. Read more »

Southern Response to call on $500 mln govt backstop

Article – BusinessDesk

July 10 (BusinessDesk) – Southern Response Earthquake Services, the Crown entity established to house AMI Insurance’s earthquake liabilities, will get $500 million of uncalled capital from the government as the rising cost of quake claims pushes … Read more »

Govt told to keep quiet on KiwiSaver kickstarter axing

Article – BusinessDesk

July 9 (BusinessDesk) – The Treasury warned the New Zealand government not to announce the axing of the $1,000 kick-start KiwiSaver payment prior to Budget 2015 to avoid a spike of enrolments to the self-funding retirement and savings scheme. Read more »

NZ govt surplus widens in 11 months on company, PIE tax

Article – BusinessDesk

NZ govt surplus widens in 11 months on company, PIE tax inflows; delayed education spend Read more »

Financial Statements of the Govt of NZ, 11 Months to 31/5/15

Press Release – New Zealand Treasury

Once minority interests share of revenues and expenses are removed, the total Crowns operating balance before gains and losses (OBEGAL) was a surplus of $1,176 million in the eleven-month period. This compares to a forecast surplus of $193 million. … Read more »

NZ economy doesn’t need fiscal stimulus yet, Key says

Article – BusinessDesk

July 6 (BusinessDesk) – New Zealand’s economy is still fairly robust and doesn’t need increased government spending to give it a kickstart, Prime Minister John Key says. Read more »

Restrictions on High LVR Lending Information Release

Press Release – New Zealand Treasury

There have been two information releases relating to the Reserve Bank of New Zealand’s (RBNZ) restrictions on high loan-to-value ratio (LVR) lending. Read more »

Payment times plummet

Press Release – Dun and Bradstreet

Commercial cash flow appears to be in rude health, with analysis of invoice payments revealing that businesses are paying each other with record speed, although continued falls in dairy prices are expected to affect future performance. Read more »

Next Page »