Govt pledges to match public donations for Syrian refugees

Press Release – Save The Children

Government pledges to match public donations to help Syrian refugees Save the Children launches appeal Read more »

RBNZ relaxes proposed policy changes

Article – BusinessDesk

May 23 (BusinessDesk) – The Reserve Bank has softened the policies it’s looking at imposing for banks that outsource some of their services after lenders warned the cost was too high. Read more »

Grant Robertson: Pre Budget Speech

Speech – New Zealand Labour Party

Today I want to talk about success. As we know success can come in many different forms, from the fact you all made it here at such an early hour on a Monday, for which I am very grateful, to the success of getting a business up and running and … Read more »

Andrew Little: Pre-Budget Speech 2016

Speech – New Zealand Labour Party

As every Kiwi family knows, setting Budgets is about making choices. Its about choosing where the priorities lie. For most Kiwis, our priorities are pretty simple. Read more »

Petition to Increase RNZ’s Funding in this year’s Budget

Press Release – Jo Bond

A petition calling on the House of Representatives to increase funding for Radio New Zealand in this years Budget will be presented to members of parliament this Wednesday the 25th of May at 11am. The presentation will take place near the Seddon … Read more »

Statement regarding Earl and Lani Hagaman

Press Release – New Zealand Labour Party

Andrew Little has written to legal representatives for Earl and Lani Hagaman today. He has informed them that, as Leader of the Opposition, he has a constitutional duty to challenge the actions of the Government over the expenditure of public funds. Read more »

Air NZ has delivered 8.4% annual return since rescue

Press Release – BusinessDesk

The government was forced to re-nationalise Air New Zealand in 2002 to save the airline from bankruptcy but the investment has paid off in the long run by delivering an annual return estimated at 8.4 percent, the Treasury estimates. Read more »

RBNZ may hold off cutting interest rates until August

Article – BusinessDesk

May 13 (BusinessDesk) – The Reserve Bank may hold off cutting interest rates until August rather than moving in June because the economy isn’t looking so bad and it’s tactically better to wait longer, ANZ New Zealand economists say. Read more »

English hints RBNZ may introduce additional curbs

Article – BusinessDesk

May 10 (BusinessDesk) – Finance Minister Bill English hinted that the Reserve Bank may announce further restrictions to curb the country’s housing market as part of its Financial Stability Report tomorrow, according to news reports. Read more »

Govt well-placed to deliver responsible Budget

Press Release – New Zealand Government

Govt well-placed to deliver responsible Budget The $167 million operating balance before gains and losses (OBEGAL) surplus for the nine months to 31 March was $334 million better than forecast, Finance Minister Bill English says. Core Crown revenue … Read more »

Financial Statements for the nine months ended 31 March 2016

Press Release – The Treasury

Financial Statements of the Government of New Zealand for the nine months ended 31 March 2016 Read more »

NZ govt posts surprise budget surplus in first 9 months

Article – BusinessDesk

May 10 (BusinessDesk) – The New Zealand government posted a budget surplus in the first nine months of the financial year, against a Treasury forecast for a deficit, reflecting tax revenue that rose faster than Crown expenses. Read more »

IMF to review financial system oversight, securities law

Article – BusinessDesk

April 27 (BusinessDesk) – The International Monetary Fund will look at the Reserve Bank’s oversight of the insurance and banking sectors, and review the overhaul of New Zealand’s securities law to see how the country stacks up against global norms. Read more »

KiwiRail seeks 4 years’ funding under ‘value of rail’ accord

Article – BusinessDesk

April 26 (BusinessDesk) – KiwiRail is starting negotiations for a new funding package it hopes will run from 2017 to 2020 and is looking for a small number of rail upgrade projects that will demonstrate that there is a “value of rail” to New Zealand … Read more »

$520m funding injection for key Tauranga route

Press Release – New Zealand Government

Transport Minister Simon Bridges today announced a $520 million roading package that will transform State Highway 2 (SH2) between Tauranga and Waihi. Read more »

Media lockup to go ahead for Budget

Article – BusinessDesk

April 21 (BusinessDesk) – The Treasury has confirmed it is to go ahead with a lock-up for journalists for the budget on May 26, despite the Reserve Bank’s decision to end the briefings. Read more »

NZ Super Fund Performance Report for March 2016

Press Release – NZ Superannuation Fund

The New Zealand Superannuation Fund has released its performance and portfolio report for February 2016. Read more »

English: Speech to the Third Data Hui

Speech – New Zealand Government

Can I acknowledge Dame Diane Robertson, chair of the Data Futures Partnership, John Whitehead, from the Partnership Government Statistician Liz MacPherson, Brendan Boyle, Chief Executive of the Ministry for Social Development who we just heard from, and … Read more »

Auditor-General must investigate Niue deal for donor

Press Release – New Zealand Labour Party

John Key must come clean on how a donor who gave more than $100,000 to his party during a tender process, won a hotel management contract which led to a Government-funded, $7.5million upgrade to the resort, Leader of the Opposition Andrew Little says. Read more »

How to Safely Exit Our Housing Bubble

Article – Peter Neilson

One year ago today the Deputy Governor of the Reserve Bank, Dr Grant Spencer made a speech entitled Action Needed to Reduce Housing Imbalances. In that speech he said while there are difficult issues and trade-offs to consider in this area, … Read more »

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