Michael Cullen
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Hon Dr Michael Cullen holds several ministerial portfolios: Deputy Prime Minister Minister of Finance [including responsibility for the Government Superannuation Fund] Minister for Tertiary Education Leader of the House
Finance Minister Michael Cullen says a Labour-led government will take an active role in promoting change in international financial markets.
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The Financial Statements of the Government for the first three months of the current financial year, released by the Treasury earlier today, reflect the period of disruption and weakness in global financial markets, says Finance Minister Michael Cullen.
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Finance Minister Michael Cullen today announced that the Crown will offer a wholesale funding guarantee facility to investment-grade financial institutions in New Zealand.
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Finance Minister Michael Cullen has exchanged letters with each of the country's largest mortgage lending banks which outline the approach that banks will take into account when handling mortgage customers facing servicing problems in the challenging economic times ahead.
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Finance Minister Michael Cullen says that the release of the details of the Australian wholesale deposit guarantee scheme today will assist in finalising the details of the proposed New Zealand wholesale guarantee scheme.
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WELLINGTON CITY — Minister in Charge of Treaty of Waitangi Negotiations Hon Dr Michael Cullen signed Terms of Negotiation on behalf of the Crown with representatives of Te Runanga o Ngati Whatua this morning, in Wellington.
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The Financial Statements of the Government of New Zealand for the financial year that ended on June 30 show the Crown in a strong financial position ahead of the challenging international economic times ahead, says Finance Minister Michael Cullen.
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The Treasury's Pre-Election Economic and Fiscal Update report, published today, highlights the benefits of maintaining strong Crown accounts during the good times in order to help us through the hard times, Finance Minister Michael Cullen said today.
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Te Roopu Whakamana o Ng Hapk o Ngti Ranginui and the Crown have signed Terms of Negotiation, which set out the scope and the nature of their upcoming negotiations to settle Ngti Ranginui's historic Treaty of Waitangi claims
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The first phase of the government's personal tax cut package will deliver tax cuts of between $12 and $28 a week for full-time workers, delivering some relief for households hurt by skyrocketing global commodity prices this year, says Finance Minister Michael Cullen.
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Attorney-General and Treaty Negotiations Minister Michael Cullen has welcomed the signing of a unique Agreement in Principle between the Crown and Ngti Pahauwera earlier today.
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The Attorney-General announced today the appointment of Christopher John Hodson QC to the position of Judge Advocate General of the Armed Forces.
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Finance companies, building societies, credit unions and other deposit takers will be required to obtain credit ratings and meet tougher prudential requirements as a result of important legislation enacted today, says Finance Minister Michael Cullen.
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Ngti Apa (North Island) and the Crown have initialled a Deed of Settlement that covers all of Ngti Apa’s (North Island) historical Treaty of Waitangi claims.
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The Port Nicholson Block Claims Team have signed a Deed of Settlement with the Crown settling all the historical Treaty claims of Taranaki Whnui at a ceremony at Wellington’s Pipitea Marae.
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Tapuika and Ngati Rangiwewehi have signed Joint Terms of Negotiation with the Crown which set out the scope and the nature of their upcoming negotiations to settle their historic Treaty of Waitangi claims, Treaty Negotiations Minister Michael Cullen said today.
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Finance Minister Michael Cullen welcomed the decision of Standard & Poor's this afternoon to reaffirm its AA+/A-1+ foreign-currency and AAA/Stable/A-1 local-currency sovereign credit ratings on New Zealand.
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Finance Minister Michael Cullen welcomed the decision of Standard & Poor's this afternoon to reaffirm its AA+/A-1+ foreign-currency and AAA/Stable/A-1 local-currency sovereign credit ratings on New Zealand.
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Ngi Tkhoe and the Crown have today signed Terms of Negotiations, marking the beginning of negotiations for the settlement of Ngi Tkhoe’s historical Treaty of Waitangi claims, Treaty Negotiations Minister Michael Cullen said.
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Improvements for Auckland and Wellington commuter services and a major overhaul of the Tranz Scenic service are part of a five year, $80.2 million investment in rail infrastructure announced by Finance Minister Michael Cullen today.
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David John McNaughton, Solicitor of Auckland, has been appointed a District Court Judge, Attorney-General Michael Cullen announced today.
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Dr Chris Eichbaum has been appointed to the Reserve Bank Board, Finance Minister Michael Cullen announced today.
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The first formal meeting of New Zealand Finance Minister Michael Cullen and Australian Treasurer Wayne Swan in Wellington today acknowledged 25 years of Closer Economic Relations and discussed the shared goal of a Single Economic Market (SEM).
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Officials from Australia and New Zealand will finalise the text of a deal by the end of October that will facilitate the portability of private retirement savings across the Tasman, Australian Treasurer Wayne Swan and New Zealand Finance Minister Michael Cullen said at the conclusion of their first formal bilateral talks, which were held at Parliament in Wellington today.
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The Australian and New Zealand governments are open to the idea of moving toward mutual recognition of imputation and franking credits between firms that invest in each other’s country, Australian Treasurer Wayne Swan and New Zealand Finance Minister Michael Cullen said today.
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WELLINGTON — Consent has been granted to the joint bid by Cheung Kong Infrastructure Holdings Limited (CKI) and Hongkong Electric Holdings Limited (HKE) to acquire up to 100 percent of the shares of Vector Wellington Electricity Network Limited (VWENL), Finance Minister Michael Cullen said today.
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A bill tabled in Parliament today introduces a number of major business tax reforms.
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Comprehensive reform of our international tax rules, to help New Zealand-based companies compete more effectively overseas, is the main feature of a taxation bill introduced today.
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Former Prime Minister Jim Bolger has been appointed chair of the establishment board of KiwiRail which will manage the business previously known as Toll Rail, Finance Minister Michael Cullen announced today.
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KiwiSaver celebrates its first birthday in style today with confirmation that more than 700,000 New Zealanders are saving for their retirement through the scheme, Finance Minister Michael Cullen and Revenue Minister Peter Dunne announced today.
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Raukawa and the Crown have today signed Terms of Negotiations, marking the beginning of negotiations for the settlement of Raukawa’s outstanding historic Treaty of Waitangi claims, Treaty Negotiations Minister Michael Cullen said.
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The settlement achieved between the Crown and the Central North Island Iwi Collective is a major step forward for all New Zealanders, Treaty Negotiations Minister Michael Cullen said today.
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The number of New Zealanders saving for their future through KiwiSaver has passed 670,000 with over 2,300 new members signing up every day in May, Finance Minister Michael Cullen and Revenue Minister Peter Dunne announced today.
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Representatives of northern iwi Te Rarawa have signed Terms of Negotiation under the Foreshore and Seabed Act with the Crown, Attorney-General Michael Cullen announced today.
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Finance Minister Michael Cullen today welcomed the latest report on New Zealand by the International Monetary Fund, which states that sound economic management has resulted in ten years of robust economic expansion.
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New Zealand has become a full member of the Multilateral Investment Guarantee Agency (MIGA), an arm of the World Bank, Finance Minister Michael Cullen announced today.
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Acting Prime Minister Michael Cullen today extended New Zealand’s sympathy to China following a large earthquake which has affected the country’s central region.
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78,000 New Zealanders joined KiwiSaver in April alone in a huge response to the government's enhancements to the scheme, Finance Minister Michael Cullen and Revenue Minister Peter Dunne announced today.
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WAIKATO — The Minister in Charge of Treaty of Waitangi Negotiations Dr Michael Cullen and Waikato-Tainui co-negotiators Tukoroirangi Morgan and Lady Raiha Mahuta welcome the release of the Draft Vision and Strategy for the Waikato River for public consultation by the Guardians Establishment Committee (GEC).
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The double tax agreement between the United States and New Zealand is to be updated in negotiations scheduled to take place in June, Finance Minister Michael Cullen and Revenue Minister Peter Dunne announced today.
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The Crown and Central North Island iwi have reached agreement on an iwi developed proposal to settle historic Treaty of Waitangi claims in the region, Treaty Negotiations Minister Michael Cullen announced today.
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The government is inviting feedback on draft legislation to amend the tax law on "stapled stock" instruments that have debt components.
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The Government has given the go-ahead to tax changes designed to make charitable giving of money and volunteers’ time easier for all concerned.
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The Crown has recognised the mandate of Te Rknanga o Ngti Porou to represent Ngti Porou in the negotiation of all their historical Treaty of Waitangi claims, Treaty Negotiations Minister Michael Cullen announced today.
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Further increases in consumer prices are a reminder of the seriousness of current global economic challenges and the need for responsible fiscal policy in New Zealand, Finance Minister Michael Cullen said today.
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The number of New Zealanders in KiwiSaver has surged forward following the 1 April roll out of employer contributions and tax credits, Finance Minister Michael Cullen and Revenue Minister Peter Dunne announced today.
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The proposal from the Central North Island Iwi Collective is a positive step forward in the innovative process to settle many of the remaining historical claims in the region, Treaty Negotiations Minister Michael Cullen said today.
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An important initiative in the governments on-going programme to strengthen the economy takes effect tomorrow when the company tax rate drops to 30 per cent, Finance Minister Michael Cullen and Revenue Minister Peter Dunne said today.Â
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500,000 New Zealanders are planning for their future and are now enrolled in the Labour-led Government’s KiwiSaver scheme, Prime Minister Helen Clark, Finance Minister Michael Cullen, and Revenue Minister Peter Dunne announced today.
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The discovery of a serious error made by Inland Revenue in January’s Crown Accounts will not alter the government’s commitment to responsible fiscal management in a time of considerable economic uncertainty, Finance Minister Michael Cullen said today.
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New Zealanders across income brackets, age groups, and ethnicities are embracing KiwiSaver according to an evaluation report released today by Finance Minister Michael Cullen and Revenue Minister Peter Dunne.
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Finance Minister Michael Cullen and Revenue Minister Peter Dunne have welcomed the passage yesterday of legislation that gives effect to new regulatory and tax rules for limited partnerships and updates the tax rules for general partnerships.
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Over 100,000 KiwiSavers are aged under 25, Finance Minister Michael Cullen and Youth Affairs Minister Nanaia Mahuta announced today.
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Pacific families have signed up for KiwiSaver, but more needs to be done to improve the savings rate of all New Zealanders.
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Nearly 470,000 New Zealanders have now signed up for KiwiSaver ahead of next month’s introduction of employer contributions to the scheme, Finance Minister Michael Cullen and Revenue Minister Peter Dunne announced today.
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tax cuts lack real ambition for our economy, Finance Minister Michael Cullen said today.
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The Financial Statements of the Government for the seven months to January 31, released by the Treasury earlier today, reflect weakness in international financial markets and investor concern about the United States economy, says Finance Minister Michael Cullen.
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Digital audio technology for recording and transcribing evidence has been introduced by the High Court in Wellington and Auckland.
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WAIKATO — A sustainable vision for the Waikato River is another step closer following the Crown and Waikato Tainui announcement today of the membership of the Guardians Establishment Committee, created under the Waikato River Agreement in Principle signed in December 2007.
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AUCKLAND — The Attorney-General, the Hon Dr Michael Cullen, announced today the appointment of Dr Edwin David Wylie QC as a Judge of the High Court.
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WHANGAREI — The Attorney-General, the Hon Dr Michael Cullen, announced today the appointment of Michael Bevan Smith as Crown Solicitor at Whangarei.
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The government will close a legislative loophole to prevent New Zealand missing out on significant tax revenue from the burgeoning petroleum mining industry, Finance Minister Michael Cullen and Revenue Minister Peter Dunne announced today.
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Greater protection for New Zealand’s major strategic assets will be delivered by new Overseas Investment provisions announced by Finance Minister Michael Cullen today.
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Finance Minister Michael Cullen said in a statement on Friday that he will take a proposal to the Cabinet on Monday seeking to clarify the tax treatment of certain stapled stock instruments.
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The Crown and representatives of central North Island iwi have taken an early, but important, step forward in their relationship with the signing of a Terms of Agreement at Parliament today, Treaty Negotiations Minister Michael Cullen said.
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CHRISTCHURCH — The Attorney-General, the Hon Dr Michael Cullen, announced today the appointment of Christine Ruth French as a Judge of the High Court.
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WEST COAST — Brian Roche, an accountant and partner at PricewaterhouseCoopers, has been named as the seventh trustee on the board of Development West Coast.
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The number of New Zealanders joining KiwiSaver continues to beat expectations, with 414,144 signed-up at the end of January, compared with the Treasury’s initial projection of 276,000 by 1 July 2008, Finance Minister Michael Cullen and Revenue Minister Peter Dunne said today.
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In his first speech of the year, Finance Minister Michael Cullen said today that by overseeing the longest period of economic expansion since World War II while taking steps to reduce poverty, Labour has shown that fairness does not come at the expense of growth – it reinforces it.
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The government and negotiating representatives for Te Runanga o NgÄÂti Porou today signed a Heads of Agreement to move forward on issues surrounding NgÄÂti Porou’s special and enduring relationship with the foreshore and seabed.
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Labour’s commitment to protecting the security of families will not be compromised during the current period of turbulent global financial markets, Finance Minister Michael Cullen said today.
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A new website launched today will mean greatly improved access to legislation for New Zealanders, Attorney-General Michael Cullen said today.
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Finance Minister Michael Cullen will meet with Australia’s new Treasurer Wayne Swan in Sydney on Thursday.
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The number of New Zealanders signed up for KiwiSaver at the end of the scheme’s first six months is far more than was expected for its first year, Finance Minister Michael Cullen and Revenue Minister Peter Dunne announced today.
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Deputy Prime Minister Dr Michael Cullen has today backed calls from West Coast Tasman MP Damien O’Connor for a satisfactory solution to the controversy surrounding Greymouth’s WWI Memorial Pillars.
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The Honourable Justice William David Baragwanath has been appointed a Judge of the Court of Appeal.
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The Honourable Justice William McLeod Wilson has been appointed a Judge of the Supreme Court.
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Finance Minister Michael Cullen has flagged the possibility of two rounds of tax cuts being announced in next year's budget.
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Under the Labour-led government the New Zealand economy has enjoyed the longest period of sustained growth in more than a generation, Finance Minister Michael Cullen said today.
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NELSON — Richard John Russell, Solicitor of Invercargill, has been appointed a District Court Judge with a Family Court warrant.
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WHANGAREI — Simon John Maude, Solicitor of Wellington, has been appointed a District Court Judge with a Family Court warrant.
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A discussion paper is released on proposed new tax rules for the life insurance industry.
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News that the World Bank has ranked New Zealand ninth out of 178 nations in a new report on the easiest places for businesses to pay taxes has been welcomed by Finance Minister Michael Cullen and Revenue Minister Peter Dunne.
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CHRISTCHURCH — Acting Prime Minister's Opening Speech to Primary Industries 2020 - The Primary Industries Summit, Christchurch.
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The government is looking at ways to make it easier for people to donate to their favourite charities and other non-profit causes.
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National Party Leader John Key has stopped denying that he would borrow to pay for tax cuts and has started making excuses for why New Zealanders shouldn't care if he does.
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WELLINGTON — Robert Andrew Dobson QC has been appointed a Judge of the High Court, Attorney-General Michael Cullen announced today.
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WELLINGTON — Finance Minster Michael Cullen address to the Wood Processors Association of New Zealand Annual Conference.
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WELLINGTON — Address to Federated Farmers National Council Conference.
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KiwiSaver opens up great opportunities for financial advisors, and it also brings its share of responsibilities.
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WELLINGTON CITY — Speech at the launch of Ako Aotearoa, National Centre for Tertiary Teaching Excellence.
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MANUKAU CITY — Gus Andrée Wiltens, Barrister and Solicitor of Auckland, has been appointed a District Court Judge.
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Finance Minister Michael Cullen and Revenue Minister Peter Dunne have welcomed the historic passage today of the nearly 3000-page Income Tax Bill, which rewrites New Zealand's income tax law.
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AUCKLAND — Allison Anne Sinclair, Barrister and Solicitor of Auckland, has been appointed a District Court Judge.
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WELLINGTON — Lawrence Irwin Hinton, Solicitor of Wellington, has been appointed a District Court Judge.
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The government wants to take more time to consider proposed measures to shut down tax schemes involving leases on overseas assets, Finance Minister Michael Cullen and Revenue Minister Peter Dunne announced today.
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In the first three months of KiwiSaver the enrolment figures have already broken through the 200,000 mark, Finance Minister Michael Cullen and Revenue Minister Peter Dunne said today.
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The global economy offers rich and rewarding opportunities, but only if we prepare for its demands.
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Just as the All Blacks have enjoyed a run of real dominance since the last World Cup, the New Zealand economy has also been on a winning streak.
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