Saturday, June 15, 2024

Finance

New Ministerial directive takes aim at foreign investment

Associate Minister of Finance, David Seymour, has today issued a Ministerial directive letter to Land Information New Zealand (LINZ) to make consent processing timeframes...

Tax Bill passed by Parliament

Average-income households will be up to $102 a fortnight better off from 31 July following passage of The Taxation (Budget Measures) Bill in Parliament...

Rates rise dampened for Hurunui

Hurunui District Council says a rates rise has been dampened thanks to the close scrutiny of councillors. At its May meeting this week, the majority...

New superannuation Bill to hatch investment opportunity

Finance Minister, Nicola Willis, has welcomed the passage of legislation set to give the New Zealand Superannuation Fund a wider range of investment opportunities. The...

MBIE opens consultation on financial services reforms

The Ministry of Business, Innovation and Employment (MBIE) is seeking feedback on options for streamlining how banks and other financial service providers are regulated...

OECD report reinforces need to control spending

The OECD’s latest report on New Zealand reinforces the importance of bringing Government spending under control, Finance Minister Nicola Willis said today. The OECD conducts...

New consultation on Depositor Compensation Scheme funding opens

The Treasury has opened the second round of public consultation on the funding strategy for the Depositor Compensation Scheme (DCS), known as the Statement...

Government to refresh approach to equal pay claims

The coalition Government will refresh its approach to supporting pay equity claims as time-limited funding for the Pay Equity Taskforce comes to an end,...

Treasury publishes trio of fiscal papers

The Treasury has today published three new papers covering government consumption multipliers, automatic stabilisers and the impacts of global shocks on New Zealand’s economy. The...

Falling inflation a sign of the times says Minister

Today’s announcement that inflation is down to 4% is encouraging news for Kiwis, but there is more work to be done, says acting Finance...

New paper assesses fiscal impacts of climate change

The Treasury has today published a new Analytical Note co-authored by Melanie Craxton, Bettina Schaer, Tim Maddock and Carly Soo, Assessing the economic and fiscal...

GDP decline reinforces Govt fiscal plan

Declining GDP for the December quarter reinforces the importance of restoring fiscal discipline to public spending and driving more economic growth, Finance Minister Nicola...

Disruptive forces needed to drive banking sector change

New Zealand's first competition study into personal banking services has revealed a two-tier sector with limited competition and no disruptive forces to drive change...

New paper on effects of tax, benefits on household incomes

The Treasury has published a new Analytical Note by Tod Wright and Hien Nguyen, Fiscal incidence in New Zealand: The effects of taxes and benefits...

New paper examines carbon price impact on cost of living

The Treasury has today published today a new Analytical Note by Cory Davis, Boston Hart and Benjamin Stubbing, Household cost-of-living impacts from the Emissions Trading...