Needs mean ‘budget responsibility rules’ too tight: CTU

Article – BusinessDesk

March 28 (BusinessDesk) – The Council of Trade Unions says mounting evidence of underfunded public services justifies the government abandoning its pre-election commitment to Budget Responsibility Rules that seek to reduce net Crown debt to 20 percent of gross … Read more »

NZ Reserve Bank may be less of a ‘fiefdom’ with changes

Article – BusinessDesk

NZ Reserve Bank may be less of a ‘fiefdom’ with changes to policy-making, Treasury observer Read more »

A wellbeing approach to assessing the Govt’s balance sheet

Press Release – New Zealand Government

A wellbeing approach to assessing the Governments balance sheet The 2018 Investment Statement He Puna Hao Ptiki , shows how the Treasury is moving towards a more holistic way of assessing the Governments balance sheet, by incorporating principles from … Read more »

NZ govt debt loses ‘darling of the high-yield world’ status

Article – BusinessDesk

NZ govt debt loses ‘darling of the high-yield world’ status as US Treasury yields climb Read more »

Investment Statement shows strong government balance sheet

Press Release – New Zealand Treasury

The Treasurys 2018 Investment Statement He Puna Hao Ptiki published today shows the governments balance sheet is healthy and resilient to economic shocks, says Treasury Secretary Gabriel Makhlouf. Read more »

Treasury seeks financial gurus for green investment fund

Article – BusinessDesk

March 15 (BusinessDesk) – The Treasury is seeking financial advisers to work out the best use of the government’s $100 million green investment fund and report back by July. Read more »

Treasury corrects coding error in child-poverty projections

Press Release – New Zealand Treasury

The Treasury has revised the child-poverty projections it provided to the Government in December 2017. Read more »

Latest economic figures show commentary out of step

Press Release – New Zealand Council of Trade Unions

The Council of Trade Unions President Richard Wagstaff said that the latest Gross Domestic Product (GDP) figures out today showed economic anxiety from some business leaders is a political response, rather than one grounded in evidence. Read more »

Current account deficit widens to $2.0 billion

Press Release – Statistics New Zealand

New Zealand’s seasonally adjusted current account deficit widened to $2.0 billion in the December 2017 quarter, Stats NZ said today. The $407 million increase in the deficit was mainly driven by New Zealand importing aircraft and other transport equipment, … Read more »

Massive demand for 2029 NZ govt bonds: $5B bid for $2B

Article – BusinessDesk

March 13 (BusinessDesk) – The New Zealand Debt Management Office’s sale of a new April 20, 2029, bond was 2 1/2 times overbid as investors looked to lock in attractive long-term interest rates ahead of what looks to be a gradual rise in global interest … Read more »

Q+A: Finance Minister Grant Robertson

Press Release – TVNZ

Finance Minister Grant Robertson told TVNZ 1s Q+A programme salary and wage earners need to see a better dividend from growth. And were acutely aware of the fact that over a long period of time, teachers, nurses have said, Well, we … Read more »

Speech: Natural Capital and the Living Standards Framework

Speech – New Zealand Treasury

Its a great pleasure to come to the University of Waikato. To me, universities are among the most important institutions of any country. Among other things, its where people learn to draw on different knowledge, disciplines and points of view … Read more »

NZ govt’s operating surplus tracking ahead of forecast

Article – BusinessDesk

NZ govt’s 7-month operating surplus tracking ahead of forecast on rising PAYE, GST tax take Read more »

Monthly Economic Indicators report for February 2018

Press Release – New Zealand Treasury

The Treasury has published its Monthly Economic Indicators (MEI) report for February 2018. The report can be found here: http://bit.ly/2tdSWaZ Key points: The unemployment rate fell to 4.5% in December, and wage measures were mixed, with annual Quarterly … Read more »

Robertson promises to deliver NZ’s first ‘wellbeing’ budget

Article – BusinessDesk

Feb. 13 (BusinessDesk) – Finance Minister Grant Robertson has promised to deliver New Zealand’s first “wellbeing” budget, telling a Productivity Commission meeting in Wellington that success as a country must include a social dividend and … Read more »

NZ govt operating 6-month surplus bigger than expected

Article – BusinessDesk

NZ govt operating 6-month surplus bigger than expected as fatter GST, income tax take beds in Read more »

Speech: Robertson – The Waikato Business Summit

Speech – New Zealand Government

Thank you for inviting me here to speak today. Id like to acknowledge the Mayor of Hamilton Andrew King, MP Jamie Strange, Deputy Mayors and City and Regional Councillors. Read more »

Treasury sees inflation slowing to 1% in March quarter

Article – BusinessDesk

Treasury sees inflation slowing to 1% in March quarter on cheap petrol, fees free policy Read more »

Monthly Economic Indicators report for January 2018

Press Release – New Zealand Treasury

The Monthly Economic Indicators report for January 2018 is now available on the Treasury website: http://bit.ly/2nIV2JJ Read more »

NZ to host international conference on wellbeing

Press Release – New Zealand Government

New Zealand to host international conference on wellbeing A conference bringing international experts on wellbeing to New Zealand will provide valuable insights for policies to raise living standards of all Kiwis, and help promote New Zealand … Read more »

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