Government confirms City Rail Link funding

Press Release – New Zealand Government

The Government has agreed to fund half the cost of Aucklands City Rail Link (CRL), Associate Finance Minister Steven Joyce and Transport Minister Simon Bridges have announced. Read more »

Government announces $209m in corporate welfare

Press Release – ACT New Zealand

ACT Leader David Seymour is appalled at the $209 million in corporate welfare doled out via the Endeavour Fund, announced today . Read more »

Kiwis receive 44m subsidised prescriptions

Press Release – New Zealand Government

Health Minister Jonathan Coleman says new data shows Pharmac is delivering more subsidised medicines, benefiting millions of Kiwis. Read more »

Coughlan to set up Capital Infrastructure Advisory Group

Press Release – Jo Coughlan

Coughlan to set up Capital City Infrastructure Advisory Group and take package to the Beehive Read more »

Response: awarding a management contract for a hotel in Niue

Press Release – Office of the Auditor-General

Response to request for inquiry into awarding a management contract for a hotel in Niue Read more »

RWNZ calls for increased rural telecommunications funding

Press Release – Rural Women New Zealand

Rural Women New Zealand (RWNZ) has lodged a submission to the Ministry of Business Innovation and Employment (MBIE) on its review of the Telecommunications Act. Read more »

Tourism fund opens targeting regional NZ

Press Release – New Zealand Government

Prime Minister and Minister of Tourism John Key today announced the opening of the fifth funding round of the Tourism Growth Partnership. Read more »

Monthly Economic Indicators August 2016

Press Release – New Zealand Treasury

Solid labour demand drove growth in aggregate labour earnings, boosting household spending in the June quarter. The upswing in activity continued in the September quarter, driven by net migration, tourism and housing demand. Despite robust … Read more »

Everyone Paying Price for Neglect of Police Resourcing

Press Release – New Zealand First Party

All New Zealanders are paying the price for the governments neglect of policing, says New Zealand First. A police survey reveals police are overstressed, untrained and rural cops among the most miserable, but the governments response is lacklustre. Read more »

District Health Boards’ big budget blowout

Press Release – New Zealand Labour Party

District health boards are struggling with a $54 million shortfall in their budgets, increasing the stress on our health system, says Labours Health spokesperson Annette King. Read more »

CPAG says, “We can do much better for our children”

Press Release – Child Poverty Action Group

Child Poverty Action Group (CPAG) will this Friday, 2 September, table a discussion of the biggest issue facing low-income families in New Zealand today – the Government’s “social investment approach” to welfare reform. CPAGs concern is that … Read more »

Research shows new cancer medicines pay for themselves

Press Release – Medicines New Zealand

Research by prominent American economist, Professor Frank Lichtenberg, proves New Zealands investment in cancer medicines reduces hospital spending, contributes to improved survival rates and decreases premature mortality rates. Read more »

Further investment in new Defence capabilities

Press Release – New Zealand Government

Defence Minister Gerry Brownlee today welcomed the signing of a contract to upgrade the Royal New Zealand Air Force Underwater, Intelligence, Surveillance and Reconnaissance capability on our six Orion aircraft with Boeing for a total of $36 million. Read more »

Time to commit to learning support

Press Release – Green Party

Proposals to change special education funding to learning support needs to ensure access, equity, and sustained support, the Green Party said today. Read more »

Predator Free – a Trillon Dollar Cost

Press Release – New Zealand First Party

A predator-free New Zealand by 2050 is likely to cost trillions, not millions as the government claims, says New Zealand First. Read more »

LVR start date deferred until 1 October 2016

Press Release – Reserve Bank

The Reserve Bank is deferring the start of the proposed changes to investor loan-to-value restrictions (LVRs) nationwide from 1 September to 1 October 2016, based on feedback from the banking industry from its recent consultation on the proposals. Read more »

Burnt out doctors symptom of wider problem

Press Release – Green Party

New research looking into senior doctors and dentists work-related burnout raises significant concerns about the state of our health system, the Green Party said today. Read more »

EDS supports Green Party’s Taonga Levy

Press Release – Environmental Defence Society

At the EDS Conference Wild Places yesterday, the Green Party leader James Shaw announced a proposed Taonga Levy, which would be applied to international visitors at the border. Read more »

ANZ, Westpac limit mortgage rate cuts

Article – BusinessDesk

Aug. 11 (BusinessDesk) – Two of New Zealand’s major banks have rewarded savers more than borrowers in the wake of the cut to the official cash rate by upping the interest rate for deposits while making more modest reductions to mortgage rates. Read more »

NZ among the few nations yet to hit limits

Article – BusinessDesk

Aug. 11 (BusinessDesk) – The Reserve Bank of New Zealand still has room to move on monetary policy unlike many central banks that have already pulled their policy levers to the limits of their effective range, governor Graeme Wheeler says. Read more »

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