Finance
New $8.6m science fund to boost Māori economy
The Government has announced a new, consolidated $8.6 million fund designed to unlock the economic potential of Māori-led research and innovation.
The He Ara Whakahihiko...
Increased transparency in the frame for Government accounts
The Government has announced it will amend the Public Finance Act in a bid to prevent future governments concealing the extent of fiscal risks...
KiwiSaver changes an investment in next generation
Finance Minister, Nicola Willis says changes to KiwiSaver in Budget 2025 will mean today's young people will retire with more savings and greater financial...
Rates relief on the way for 66,000+ SuperGold cardholders
Seniors Minister, Casey Costello says Budget 2025 is set to help up to 66,000 more SuperGold Cardholders with their rates payments.
Minister Costello and Local...
Savage appointed Kiwi Group Capital Ltd director
Catherine Savage has been appointed as a Director of Kiwi Group Capital Ltd (KGC), Finance Minister, Nicola Willis and State Owned Enterprises Minister, Simeon...
$75m to ease tax roadblocks to investment
Finance Minister, Nicola Willis, has today announced the Government's decision to remove tax "roadblocks" to investment.
Budget 2025 will set aside $75 million over the...
Govt banks on financial education in schools
Financial education will be embedded as a core element of the refreshed social sciences curriculum for Year 1-10 students from 2026, Education Minister, Erica...
Fintech firms confirmed for pilot sandbox programme
A pilot programme to help financial technology (fintech) firms shake up competition in the financial and banking sectors is now underway.
The Financial Markets Authority...
New Reserve Bank Governor appointed
Acting Reserve Bank Governor, Christian Hawkesby (pictured), has been appointed as Governor of the Reserve Bank for a six month period.
The appointment is effective...
New Bills trio to free up access to finance for Kiwi households
The Government has introduced three new Bills to Parliament that it says will deliver on a commitment to make it easier for Kiwis to...
Consultation begins on Fringe Benefit Tax rules change
Inland Revenue is launching public consultation on proposals to make the Fringe Benefit Tax (FBT) rules easier and to reduce compliance costs for taxpayers.
Revenue Minister,...
Finance Minister welcomes Reserve Bank capital regime review
The Reserve Bank’s decision to review its capital requirements has been welcomed by Finance Minister, Nicola Willis.
The Minister said submissions made to the finance...
Public sector consultant spending cuts beat target
Public Service Minister, Judith Collins says the Government’s move to cut public sector spending on consultants and contractors is on track to save $800...
Cost-of-living support on the way for 1.5 million Kiwis
More than 900,000 superannuitants and almost 5,000 veterans are among the New Zealanders set to receive a significant financial boost from next week, with...
S&P assessment change impacts Council credit rating
Hamilton City Council says a change to how New Zealand’s local government sector is assessed by rating agency S&P Global has had a flow-on...