3 September, 2008
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.
Read full release >>28 August, 2008
The Treasury is now budgeting for KiwiSaver numbers to reach 1 million in the first half of 2009, compared to its original forecast of reaching 855,000 KiwiSavers by 30 June 2017. What we are seeing through KiwiSaver is nothing short of a savings revolution in this country.
Read full speech >>27 August, 2008
The government has introduced legislative changes to treat certain stapled stock instruments as equity for tax purposes, to prevent a loss to the revenue through their use.
Read full release >>26 August, 2008
The bill establishes a framework for the regulation of non-bank deposit takers with the aiming of promoting a sounder, more efficient financial system.
Read full speech >>21 August, 2008
The government’s $33.75 million investment in Emirates Team New Zealand boosted the New Zealand economy by around $2 for every dollar of public funding.
Read full release >>18 August, 2008
Australian and New Zealand ministers meeting in Melbourne celebrated the 25th anniversary of Closer Economic Relations and marked further progress towards creating a trans Tasman Single Economic Market.
Read full release >>14 August, 2008
Discussion document asks if the law should allow limited streaming of imputation credits to those who can use them and refunds of credits for charities and other tax-exempt entities
Read full release >>13 August, 2008
Finance Minister Michael Cullen’s opening address to the New Zealand Council for Infrastructure Development’s ‘Building Nations’ Symposium, Eden Park, Auckland
Read full speech >>6 August, 2008
International ratings agency Standard & Poor's affirmation of the country's sovereign credit ratings is a vote of confidence in New Zealand in these challenging international economic times and a reminder of the importance of policies to encourage a stronger personal savings culture.
Read full release >>5 August, 2008
The seriousness of the global economic headwinds affecting New Zealand means that sensible, transparent management of the economy is increasingly important.
Read full release >>30 July, 2008
The number of New Zealanders saving for their future through KiwiSaver has broken through the three-quarters of a million mark.
Read full release >>22 July, 2008
Improvements for Auckland and Wellington commuter services and a major overhaul of the Tranz Scenic service are part of a five year investment in rail infrastructure.
Read full release >>18 July, 2008
Dr Chris Eichbaum, Senior Lecturer in Public Policy in the School of Government at Victoria University, has been appointed to the Reserve Bank Board.
Read full release >>17 July, 2008
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
Read full release >>17 July, 2008
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
Read full release >>17 July, 2008
Finance Minister Michael Cullen and Australian Treasurer Wayne Swan discuss how to progress the shared goal of a Single Economic Market, and made several SEM-related announcements
Read full release >>16 July, 2008
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).
Read full release >>14 July, 2008
The government and Atihau-Whanganui Incorporation (AWI) have agreed to a settlement of AWI’s claims for costs and losses incurred as a result of its lands being subject to the vested lands regime.
Read full release >>10 July, 2008
A report by an ANZ bank economist has decided frontline spending at the Ministry of Social Development, Child Youth and Family and education services for children with special needs is "non-productive" or back-office spending.
Read full release >>2 July, 2008
The main focus of the Government’s tax policy work programme over the last few years has been on measures designed to help to strengthen the economy.
Read full speech >>2 July, 2008
Comprehensive reform of our international tax rules, to help New Zealand-based companies compete more effectively overseas, is a key feature of a taxation bill introduced today.
Read full release >>2 July, 2008
The July Tax Bill tabled in Parliament today introduces a number of major business tax reforms which focus on reducing tax costs for businesses.
Read full release >>1 July, 2008
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.
Read full release >>1 July, 2008
The truth is that New Zealand must have a strong, thriving rail network if we are going to live up to our full economic and environmental potential.
Read full speech >>1 July, 2008
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.
Read full release >>27 June, 2008
Statistics New Zealand today confirmed market expectations for a weak economic start to the year which, while disappointing, do not detract from the reality that New Zealand's economic and social prospects are very healthy and strong.
Read full release >>17 June, 2008
Speech by Associate Finance Minister Trevor Mallard to the Waikato Chamber of Commerce breakfast meeting, Novotel Tainui, Hamilton
Read full speech >>13 June, 2008
Speech to Australia – New Zealand Leadership Forum, Wellington
Read full speech >>12 June, 2008
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.
Read full release >>12 June, 2008
New Zealand Government's statement, delivered by Cabinet Minister Hon Trevor Mallard, to the United Nations General Assembly: High-level meeting on a comprehensive review of the progress achieved in realising the Declaration of Commitment on HIV/AIDS and the Political Declaration on HIV/AIDS
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