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The Budget on 16 May will confirm the Government remains on track to surplus in 2014/15, Finance Minister Bill English said today.
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Firm control of the Government’s expenses and an improvement in revenue has kept the Crown’s financial position broadly on track with forecasts in the five months to 30 November, Finance Minister Bill English says.
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Exporters will have access to improved support from the New Zealand Export Credit Office under changes announced by the Government today, Finance Minister Bill English and Trade Minister Tim Groser say.
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The economy remains on track for moderate growth over the next few years, despite growth predictably easing a little in the September quarter, Finance Minister Bill English says.
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The Government’s economic plan to deliver a faster-growing economy, more jobs and a return to surplus remains on track, despite ongoing uncertainty in many parts of the world, Finance Minister Bill English says.
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The Government will increase the visibility and accessibility of its Half-Year Economic and Fiscal Update tomorrow through its smartphone and tablet App, Finance Minister Bill English says.
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Finance Minister Bill English and State Owned Enterprises Minister Tony Ryall today welcomed the High Court decision in favour of the Crown following last month’s High Court action regarding the sale of shares in Mighty River Power.
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The Government’s $2.87 billion operating deficit before gains and losses in the four months to 31 October was slightly larger than forecast, after core Crown revenue and expenses both came in below expectations.
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Finance Minister Bill English has welcomed news that the Australian Senate has passed legislation allowing New Zealanders returning home from Australia to bring their retirements savings with them.
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Crown accounts issued today, showing core Crown spending and revenue slightly below forecast for the three months to 30 September, reinforce the need for careful financial management, Finance Minister Bill English says.
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The Government’s Building Infrastructure progress report issued today sets out 67 infrastructure initiatives being undertaken to help build a more competitive economy, Finance Minister Bill English says.
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The Government agrees with the Productivity Commission that housing can be made more affordable, and has embarked on a wide-ranging programme to make that happen, Finance Minister Bill English says.
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Finance Minister Bill English has welcomed strong investor demand today for the Government’s first issue of September 2025 inflation-indexed bonds.
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Iwi groups yet to complete their Treaty settlements will be offered the opportunity to participate in the Government share offer programme, Finance Minister Bill English and Treaty Negotiations Minister Chris Finlayson say.
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Higher tax revenue, lower core Crown expenses and a large fall in annual Canterbury earthquake expenses helped to halve the Government's operating deficit before gains and losses to $9.2 billion in the year to 30 June 2012.
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Finance Minister Bill English leaves tonight for overseas meetings with business, investment and political leaders, which will include the annual meeting of International Monetary Fund and World Bank governors in Tokyo.
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Gross domestic product data issued this morning confirmed the economy posted solid and broad-based growth in the first half of 2012, despite ongoing challenges in many parts of the world, Finance Minister Bill English says.
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Auckland-based company director Gavin Walker has been appointed as the new chairman of the New Zealand Superannuation Fund Guardians board, Finance Minister Bill English announced today.
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Finance Minister Bill English and the Minister Responsible for the Earthquake Commission Gerry Brownlee today announced a legislative review of the Earthquake Commission Act 1993.
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Finance Minister Bill English will tomorrow attend the first hui in response to the Government’s commitment to engage with Iwi on the “shares plus” concept raised in the Waitangi Tribunal’s interim report.
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Finance Minister Bill English today introduced the Public Finance (Fiscal Responsibility) Amendment Bill to Parliament, which sets out improvements to fiscal policy and management of taxpayers’ resources.
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Finance Minister Bill English leaves next Monday for the Asia Pacific Economic Cooperation (APEC) annual meeting of finance ministers in Moscow later in the week.
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Finance Minister Bill English and Economic Development Minister Steven Joyce have today launched the first Business Growth Agenda progress report on Government actions to boost New Zealand exports.
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The Ministerial Committee on Poverty is working through a number of issues critical to improving the lives of low-income New Zealanders and their families.
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Standard & Poor’s has today affirmed New Zealand’s long-term foreign currency rating at AA with a stable outlook, noting this country’s fiscal flexibility, resilient economy and strong political and economic institutions.
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The Government has written to the Waitangi Tribunal seeking further information on the Tribunal’s findings, recommendations and supporting reasoning with respect to its inquiry into national fresh water and geothermal resources.
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A new system assessing the health of New Zealand’s regulatory regimes will help improve economic performance over the longer term, Finance Minister Bill English and Regulatory Reform Minister John Banks say.
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