Government money grab from changes at New Zealand Post

Press Release – Postal Workers Union of Aotearoa

“It’s a money grab by the Government as the shareholder of New Zealand Post” says Postal Workers Union advocate Graeme Clarke about the changes announced by NZ Post today. Read more »

English sets May 21 for National’s seventh Budget

Article – BusinessDesk

Feb. 11 (BusinessDesk) – Finance Minister Bill English has set May 21 as the date for National’s seventh Budget. Read more »

Landcorp Farming 2014/15 half year financial results

Press Release – Landcorp

Landcorp Farming has recorded operating revenue of $109.8 million for the six months to 31 December 2014 and a net operating profit of $1 million. Read more »

Public engagement on social housing

Press Release – New Zealand Treasury

The Government has provided more details of its plans for public engagement on its social housing reforms. Read more »

UPDATE: Stalled EQC review leaves global reinsurers unclear

Article – BusinessDesk

Feb. 4 (BusinessDesk) – The government review of the Earthquake Commission’s funding and policy structures is leaving global reinsurers uncertain as they try to assess the risk profile posed by natural disasters in New Zealand after the Christchurch … Read more »

NZ to begin selldown of state housing, expand subsidies: Key

Article – BusinessDesk

Jan. 28 (BusinessDesk) – The New Zealand government plans to increase the number of income-related rent subsidies by 4.8 percent over the next three years, boost the number of tenancy reviews by two-thirds and sell up to 2,000 houses as part of … Read more »

Key to outline social housing strategy in first 2015 speech

Article – BusinessDesk

Jan. 27 (BusinessDesk) – New Zealand Prime Minister John Key will tomorrow outline his government’s plans to overhaul social housing, including the sale of government-owned stock and bringing in community and iwi organisations to expand the number of homes … Read more »

Government cuts driving increased education costs

Press Release – Green Party

Government cuts to education are forcing more of the burden on to parents and damaging the education of poorer kids, as the cost of primary and secondary education increases by five times the cost of inflation, the Green Party says. Read more »

Deficit $1.5b in five months to November

Press Release – New Zealand Government

Lower than expected operating expenses and higher than forecast customs and excise duties contributed to an operating balance before gains and losses (OBEGAL) deficit $121 million better than forecast for the five months to November, Finance Minister … Read more »

NZ govt operating deficit smaller than expected

Article – BusinessDesk

Jan. 23 (BusinessDesk) – The New Zealand’s government’s operating deficit was smaller than expected in the first five months of the financial year as a clampdown on expenditure managed to offset a shortfall in the tax-take from last month’s forecast. Read more »

Government Financial Statements to 30/11/14

Press Release – New Zealand Treasury

Core Crown tax revenue was $94 million below forecast. GST, source deductions and corporate tax together were collectively $138 million lower than forecast, partly offset by higher-than-forecast customs and excise duties. However, year-on-year growth … Read more »

IRD collects $4.1 billion of tax debt in 2013/14

Press Release – New Zealand Government

Revenue Minister Todd McClay says Inland Revenues focus on collecting tax debt has paid big dividends, with $752 million more being collected in 2013/14 than in the previous year. Read more »

Tax man reaping little in return for extra spending

Press Release – New Zealand Labour Party

The National Government has more than doubled the amount it spends chasing tax debt but the level of outstanding tax remains at a near record high, Labour MP Stuart Nash says. Read more »

Government wipes off $5 billion in tax debt

Press Release – New Zealand Labour Party

Stuart Nash MP for Napier 11 January 2015 MEDIA STATEMENT Government wipes off $5 billion in tax debt Read more »

Regions hit with budget band aid

Press Release – New Zealand Labour Party

Nine of New Zealands District Health Boards look set to be big losers in next years funding round, Labours Health spokesperson Annette King says. Read more »

MCH Moving to Landmark Public Trust Building

Press Release – Ministry For Culture And Heritage

Ministry for Culture and Heritage Moving to Landmark Public Trust Building Manat Taonga, the Ministry for Culture and Heritage is moving into the Old Public Trust building on the corner of Lambton Quay and Stout Street, Wellington, in October 2015, … Read more »

Will 2015 Be The Year Radio NZ Starts Closing Down?

Press Release – Coalition for Better Broadcasting

The Coalition for Better Broadcasting is calling on the government and Minister of Broadcasting Amy Adams to make 2015 the year it gives back to Radio NZ and its many, many listeners. Read more »

Hand’s Off Our Cash Sky City!

Press Release – Affordable Auckland

Not one single cent of taxpayer or ratepayer money should be funnelled into the pockets of corporates to fund a convention centre, says Affordable Auckland Leader Stephen Berry. A deal has been made by Sky City with the Government. If one side … Read more »

Supreme Court Delivers Christmas Cheer for Aged Care Workers

Press Release – New Zealand First Party

Aged care workers who do so much for our elderly will have something extra to smile about over Christmas with the Supreme Court not accepting an appeal by the New Zealand Aged Care Association. While not fully settled it opens the door to pay parity. Read more »

National’s albatross, taxpayers’ curse

Press Release – New Zealand Labour Party

Nationals albatross, taxpayers curse Government consideration of further corporate welfare hand-outs to SkyCity for its convention centre shows just how weak the original contract was, Labours Economic Development spokesperson David Clark says. Taxpayers … Read more »

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