Finance
Economy shrinks by 0.2% for June quarter
Stats NZ data released today shows Gross Domestic Product (GDP) fell 0.2% for the June 2024 quarter.
Finance Minister Nicola Willis says the result reinforces...
Agencies told to prioritise payment times
Small Business and Manufacturing Minister, Andrew Bayly says the Government is sending a clear message to central government agencies that they must prioritise paying...
Inland Revenue to begin $30m GST returns fix
Inland Revenue can start processing GST returns for businesses affected by a historic legislative drafting error, Revenue Minister, Simon Watts said today.
“Inland Revenue has...
Intern directors appointed for Dunedin Holdings
Dunedin City Holdings Ltd (DCHL) has announced the appointment of four intern directors to its subsidiary and associate companies.
Holdings Chair, Tim Loan says DCHL's...
Making it faster and easier to invest in NZ
Associate Minister of Finance, David Seymour says he's encouraged by significant improvements to overseas investment decision timeframes, and the enhanced interest from investors as...
Auckland Future Fund inaugural board appointed
The Auckland Future Fund’s inaugural board has been named, with Chair Christopher Swasbrook and Directors David Callanan and Craig Stobo to lead the new...
Auckland Council announces record savings
Auckland Council has exceeded its annual operating savings target, with $60.2 million saved in the 2023/24 financial year, the Council revealed today.
The figure surpasses...
Govt accepts bank competition report recommendations
Finance Minister, Nicola Willis says the Government will act on all 14 recommendations made by the Commerce Commission’s final report into bank competition. ...
Minister welcomes cost-of-living relief
Today’s cut in the Official Cash Rate (OCR) to 5.25% is welcome relief for families and businesses, says Finance Minister, Nicola Willis.
“New Zealand has...
Transparent investment reporting to drive fiscal discipline
The Government has released its first Quarterly Investment Report as part of the drive to deliver better value for money from government expenditure and...
Trans-Tasman finance and climate talks conclude
Finance Minister, Nicola Willis and Climate Change Minister, Simon Watts, have met in Brisbane with their Australian counterparts, Treasurer Jim Chalmers and Climate and...
Climate and Finance Ministers to meet in Brisbane
Finance Minister, Nicola Willis and Climate Change Minister, Simon Watts, will take part in the second annual Australia-New Zealand 2+2 Climate and Finance Ministers’...
Payroll providers primed for tax changes says Minister
Finance Minister, Nicola Willis says New Zealand’s payroll providers have successfully prepared to ensure 3.5 million individuals will, from Wednesday next week, be able...
513,000 kiwis count on tax calculator
With new personal income tax relief set to flow from next Wednesday, Finance Minister, Nicola Willis, has revealed that 513,000 people have used the...
Latest inflation data flags economic recovery
Finance Minister, Nicola Willis says the latest Consumer Price Index data, which has inflation at 3.3% for the year to July 2024, shows the...