Government needs to put a ceiling on debt

Press Release – New Zealand National Party

The new Coalition Government needs to rapidly put a ceiling on the debt levels its prepared to tolerate as it opens wide the taxpayers chequebook, National Party Finance Spokesperson Steven Joyce says. Read more »

NZ financial risks have stabilised – S&P

Article – BusinessDesk

Nov. 15 (BusinessDesk) – The risks facing New Zealand’s financial system have stabilised as house price inflation and credit growth slow due to tighter macroprudential tools implemented by the Reserve Bank and higher lending rates, Standard & Poors … Read more »

Treasury: Monthly Economic Indicators for October

Press Release – New Zealand Treasury

The Monthly Economic Indicators report for October 2017 is now available: http://bit.ly/2yC5TgY Key points: An easing in surveyed business activity and soft agricultural production points to slower growth in the September quarter than forecast in the Pre-election … Read more »

NZ govt’s operating deficit in line with expectations

Article – BusinessDesk

NZ govt’s operating deficit in line with expectations in first three months; debt below forecast Read more »

NZ dollar edges lower after tepid inflation expectations

Article – BusinessDesk

Nov. 6 (BusinessDesk) – The New Zealand dollar dipped against the greenback after inflation expectations remained tepid and after the NZ Debt Management Office postponed a 10-year bond tender. Read more »

Debt Management Office, flush with cash, postpones bond

Article – BusinessDesk

Nov. 6 (BusinessDesk) – The New Zealand Debt Management Office postponed the launch of an April 20, 2029 nominal bond to 2018, saying the government is flush with cash and it wants to give market participants an opportunity to evaluate any new information … Read more »

RBNZ was a tidy earner under Wheeler

Article – BusinessDesk

RBNZ was a tidy earner under Wheeler, with almost $1B of dividends to the Crown Read more »

National releases campaign announcements summary

Press Release – New Zealand National Party

The National Party has today released a summary of its 2017 election campaign announcements to date and their impact on future budgeted expenditure. Read more »

MYOB announces half year results

Press Release – MYOB

MYOB Group Limited (MYOB, ASX: MYO), a leading provider of online business management solutions to Australian and New Zealand businesses, is pleased to announce its interim financial results for the six months ended 30 June 2017. Read more »

Crown, Council refresh Cost Sharing Agreement

Press Release – Christchurch City Council

Christchurch City Council will take ownership of the Margaret Mahy Family Playground, the tkaro/Avon River Precinct and the Bus Interchange as part of a proposed update of the Crown/Council Cost Sharing Agreement. Read more »

Government caves to multi-national tax avoiders

Press Release – New Zealand Labour Party

News that the Government has secretly caved in to the demands of multi-national tax avoiders come as no surprise, but will disappoint Kiwi taxpayers, says Labours spokesman for Revenue Michael Wood. Read more »

Government pays twice the price for emergency housing motels

Press Release – New Zealand Labour Party

Government pays twice the price for emergency housing motels with two more on the way Read more »

Unions Slam Treasury Threats to Christchurch Health Services

Press Release – New Zealand Nurses Organisation

Unions representing health professionals are slamming Treasury for last months report undermining Canterbury District Health Board (CDHB), which alleged CDHBs poor financial performance was a concern. Read more »

Government funds for two Marlborough water quality projects

Press Release – Marlborough District Council

Marlborough Mayor John Leggett has welcomed the government recognition of a Council-led project to restore the health of the towns Taylor River. A government grant of $261,950, spread over five years, to go toward the Taylor River Catchment Improvement … Read more »

Treasury: Monthly Economic Indicators July 2017

Press Release – New Zealand Treasury

The Monthly Economic Indicators report for July 2017 is now available on the Treasury website: http://bit.ly/2ufcveV The unemployment rate fell to 4.8% as labour force participation declines. Annual CPI inflation was 1.7%, lower than expectations. … Read more »

Auditor-General’s report: 2016 Long-Term Fiscal Position

Press Release – Controller and Auditor-General

The Auditor-Generals report Commentary on He Tirohanga Mokopuna: 2016 Statement on the Long-Term Fiscal Position was presented to the House of Representatives today. For this report, we reviewed the Treasurys latest long-term fiscal statement, … Read more »

Government message to DHB heads: ‘Keep quiet or else’

Press Release – Association of Salaried Medical Specialists

Treasurys release of papers about Canterbury District Health Boards (CDHB) financial performance appears to have been deliberately designed to intimidate and silence senior DHB officials who have dared to question the adequacy of government … Read more »

Labour prioritises families and public services

Press Release – New Zealand Labour Party

Labours Families Package delivers a bigger income boost to more than 70 per cent of families with children than Budget 2017. By not spending $1.5 billion a year on tax cuts, Labour is able to do more for lower and middle income families and people … Read more »

Treasury self-congratulates on ‘diversity’

Press Release – New Zealand Taxpayers’ Union

MEDIA RELEASE Treasury self-congratulations on diversity indicative of its lost focus on objective excellence Read more »

$528,000 New Zealand Cycle Trail boost

Press Release – New Zealand Government

The Government is investing $528,000 in 12 new projects for the upkeep of the Great Rides of New Zealand Cycle Trail, Associate Tourism Minister Nicky Wagner announced today. Read more »

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