Thursday, 11 April 2013
Budget will confirm track to surplus in 2014/15
The Budget on 16 May will confirm the Government remains on track to surplus in 2014/15, Finance Minister Bill English said today.
Monday, 28 January 2013
Is that it?
Friday, 25 January 2013
Government finances improve on last year
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.
Thursday, 20 December 2012
Govt extends support for exporters
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.
NZ economy on track for moderate growth
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.
Tuesday, 18 December 2012
Government's economic plan remains on track
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.
Monday, 17 December 2012
Government App to be updated for HYEFU
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.
Tuesday, 11 December 2012
Ministers welcome High Court decision on MRP
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.
Building growth & jobs through sustainably using NZ's natural resources
Wednesday, 5 December 2012
OBEGAL deficit close to forecast in October
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.
Friday, 23 November 2012
NZ welcomes Australian move on portable super
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.
Wednesday, 7 November 2012
Accounts reinforce need for careful management
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.
Thursday, 1 November 2012
Infrastructure report sets out 67 initiatives
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.
Monday, 29 October 2012
Govt responds to housing affordability report
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.
Wednesday, 24 October 2012
English welcomes demand for inflation bonds
Finance Minister Bill English has welcomed strong investor demand today for the Government’s first issue of September 2025 inflation-indexed bonds.
Tuesday, 23 October 2012
Govt welcomes certainty provided by substantive hearing
Wednesday, 17 October 2012
Iwi participation in Government share offers
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.
Wednesday, 10 October 2012
Crown's OBEGAL deficit halved in 2011/12
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.
Monday, 1 October 2012
English to visit UK, Germany and Japan
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.
Thursday, 20 September 2012
Economy posts solid growth in first half of 2012
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.
Wednesday, 19 September 2012
New chairman of NZ Super Fund board
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.
Tuesday, 18 September 2012
Govt confirms Earthquake Commission review
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.
Monday, 17 September 2012
"Shares plus" consultation round begins
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.
Thursday, 30 August 2012
Improvements to Public Finance Act introduced
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.
Friday, 24 August 2012
English to attend APEC meeting in Moscow
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.
Wednesday, 15 August 2012
Govt releases first progress report on Export Markets
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.
Wednesday, 8 August 2012
Ministerial Poverty Committee making progress
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.
Friday, 3 August 2012
English welcomes S&P ratings affirmation
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.
Thursday, 2 August 2012
Government seeks information from Tribunal
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.
Wednesday, 1 August 2012
Better economic performance through better regulation
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.