Treasury Release: Monthly Economic Indicators November 2014

Press Release – New Zealand Treasury

The November Monthly Economic Indicators (MEI) was published today on the Treasury Website at 2:00pm. The report provides a summary of recent economic events. The main points: Increased employment has reduced spare capacity in the labour market… … Read more »

Reflections on 25 years of inflation targeting

Press Release – Reserve Bank

Inflation targeting has delivered price stability without reducing long-term growth, and remains the appropriate focus for monetary policy, Reserve Bank Governor Graeme Wheeler said today. Read more »

Reflections on 25 yrs of Inflation Targeting: Graeme Wheeler

Speech – Reserve Bank

It is now 25 years since the Reserve Bank of New Zealand Act came into force. The Act established the operational independence of the Reserve Bank (Bank) in respect of monetary policy, and specified price stability as the single monetary policy objective. … Read more »

PM John Key sees value in Hundertwasser project

Press Release – YES Whangarei

John Key has indicated that if Whangarei’s Hundertwasser project goes ahead he sees the Ministry of Tourism as being open to providing funding, noting that there are strong reasons for building it. Read more »

Treasury off track in search for sound policies

Press Release – Child Poverty Action Group

Treasury is unlikely to find the ideas it is looking for to improve outcomes for children while its primary driver is cost-cutting, says Child Poverty Action Group. Read more »

Treasury’s covert & extremely odd welfare consultation

Press Release – Auckland Action Against Poverty

A report this morning that Treasury is crowd sourcing ideas on welfare policy is news to Auckland Action Against Poverty, even though we are currently one of the most active groups in the area. Read more »

Employers: Avoid a post-holiday tax headache

Press Release – Inland Revenue Department

With summer just around the corner, Inland Revenue is reminding employers to get their tax right if taking on seasonal and casual workers. Read more »

Go-ahead for first Central City transport projects

Press Release – New Zealand Government

Christchurch has taken the first steps towards a modern central city transport network that works for all kinds of travel. Read more »

Briefings to Incoming Ministers (BIMs)

Press Release – New Zealand Government

Briefings to incoming Ministers as published on the websites of the responsible Government Ministries and agencies. Click on the links to access the BIMs. Read more »

National’s highways far less efficient

Press Release – New Zealand Labour Party

Nationals new state highways have a far lower cost-benefit ratio than motorways built under the last Labour Government, making a mockery of the Governments bluster that its road building will boost the economy, says Labour’s Transport spokesperson … Read more »

Cut Corporate Welfare to Beat the Australians

Press Release – New Zealand Taxpayers’ Union

Responding to the Fairfax article that IRD have indicated that company tax may need to be reduced next year, should Australia reduce their rate, Taxpayers Union Executive Director Jordan Williams says: Read more »

Treasury welcomes report into its fiscal policy advice

Press Release – New Zealand Treasury

The Treasury is carefully assessing the conclusions of an external review that it has received into the quality of the departments fiscal policy advice over the last decade, its Chief Economist, Girol Karacaoglu, said today. Read more »

Treasury advised to revisit work on deposit insurance

Article – BusinessDesk

Nov. 12 (BusinessDesk) – A review of the Treasury’s fiscal policy advice has recommended the government’s financial adviser revisits its work on deposit insurance in tandem with the Reserve Bank, saying the issue remains a concern in the unlikely event of … Read more »

Govt books getting worse as economy slows

Press Release – New Zealand Labour Party

Nationals economic credibility is under serious scrutiny with its search for surplus becoming harder due to an economy far too reliant on the dairy industry, says Labours Finance spokesperson David Parker. Read more »

National’s promised surplus looking doubtful

Press Release – Green Party

Budget figures for the first quarter of the financial year released today by Treasury show the Governments goal of achieving a budget surplus is looking doubtful, the Green Party said today. Read more »

NZ govt deficit in line with forecast

Article – BusinessDesk

Nov. 7 (BusinessDesk) – The New Zealand government’s operating deficit was in line with pre-election forecasts as company and income tax came in ahead of expectations, offsetting the lower domestic consumption which has been weighing on GST. Read more »

Bill English resorts to gobbledegook over DHB loans

Press Release – Democrats for Social Credit

Finance minister Bill English has again rejected the strategy of Reserve Bank loans to reduce DHB debt and has stated that he, “will not enter into further correspondence on this matter”. This is in response to the series of letters put to him by … Read more »

Treasury thinking more laterally, Makhlouf said

Article – BusinessDesk

Nov. 5 (BusinessDesk) – The Treasury is adopting a more holistic approach in formulating ways to drive social achievement beyond simple economic growth measures, Secretary Gabriel Makhlouf says. Read more »

Economics: Teaching, Applying, Learning

Speech – New Zealand Treasury

This conference is essentially about the ongoing relevance of economics and economics teaching. Young people want to study economics because they want to understand how an important dimension of the world we live in works, and want to help improve the … Read more »

Key: Speech to NZ Institute of International Affairs

Speech – New Zealand Government

As Prime Minister I have overarching responsibility for New Zealands national security. That covers a wide range of threats and risks, from earthquakes to espionage, and cyber-attacks to conflicts between states. Its about protecting our way of … Read more »

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