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6 November, 2009

Appointments to Guardians of NZ Superannuation

Catherine Savage and Stephen Moir have been appointed to the Board of the Guardians of New Zealand Superannuation and existing board member David Newman has been appointed Deputy Chair, Finance Minister Bill English announced today.

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5 November, 2009

Super portability included in November tax bill

Legislation allowing New Zealanders returning home from Australia to bring their retirement savings with them will be introduced to Parliament in about two weeks, Finance Minister Bill English says.

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4 November, 2009

Accounts highlight lagged effect of recovery

The Government's financial statements for the three months to September 30 confirm that it will take time for the economic recovery to flow through to the Crown's revenue, Finance Minister Bill English says.

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29 October, 2009

Long-Term Fiscal Statement highlights choices

Finance Minister Bill English has welcomed Treasury's Long-Term Fiscal Statement, which outlines some of the challenges and choices successive governments will face over the next 40 years.

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28 October, 2009

No grounds for inquiry into ministerial housing

The Office of the Auditor-General has today confirmed there are no grounds for an inquiry into any aspects of Finance Minister Bill English's housing arrangements.

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26 October, 2009

Joyce to attend Pacific Forum Economic Ministers' Meeting

Associate Finance Minister Steven Joyce will attend the Pacific Forum Economic Ministers' Meeting from 26-28 October in Rarotonga.

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17 October, 2009

Equity and fairness key to tax considerations

Equity and fairness will guide the Government's consideration of the Tax Working Group's options for changes to the tax system, Finance Minister Bill English said today.

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14 October, 2009

Govt accounts reflect extra spending, recession

The combined impact of significant extra spending and the recession are highlighted in the Government's annual accounts for the year to June 30, Finance Minister Bill English says.

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2 October, 2009

English to visit Hong Kong, London investors

Finance Minister Bill English leaves for Hong Kong and London this Sunday to raise New Zealand's profile with investors and business groups, and to share ideas about the next steps in economic recovery.

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28 September, 2009

English removes doubts over allowance

Finance Minister Bill English has today taken several steps to remove doubts about his ministerial housing allowance.

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23 September, 2009

Improving frontline services, avoiding the debt trap

The public service is working constructively with the Government to deliver better services to the public in what will remain a tight fiscal and economic environment for years to come, Finance Minister Bill English said today.

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23 September, 2009

Focus on sustainable jobs and growth

New Zealand's economy is stabilising, but there is a lot of work to do if we are to have a strong recovery that leads to sustainable jobs and growth, Finance Minister Bill English says.

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22 September, 2009

More work needed to rebalance economy

New data showing New Zealand's current account deficit has hit a five-year low is encouraging, but more work is needed to narrow our trade and investment gap with the rest of the world, Finance Minister Bill English says.

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16 September, 2009

Government's ETS strikes a balance to protect jobs

Government changes to the Emissions Trading Scheme strike the right balance between protecting New Zealand jobs, halving the cost for families and households, and doing our fair share on climate change, Finance Minister Bill English says.

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14 September, 2009

New Zealand can do better than muddle through

The real risk for New Zealand as it emerges from recession is that it reverts to the mediocre economic performance that has marked much of its recent past, Finance Minister Bill English said today.

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13 September, 2009

Goff’s reckless borrow and hope stuck in the past

Labour might claim it has undergone a facelift since the election, but no amount of cosmetic surgery can hide the fact that its reckless economic policies are stuck in the past, Finance Minister Bill English says. "Phil Goff tries to suggest he has made a break from the past and is listening to New Zealanders," Mr English says.

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9 September, 2009

NZ can improve its competitiveness ratings

New Zealand has rated well in two international business and economic competitive surveys, but the Government believes it can do better, Finance Minister Bill English says.

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9 September, 2009

Extended retail deposit guarantee law passed

The Government has passed legislation extending the Retail Deposit Guarantee Scheme and changing some of its terms and conditions.

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27 August, 2009

Finance Minister to visit financial capitals

Finance Minister Bill English will outline the Government's plan for economic recovery to international lenders during visits to Tokyo, New York and Boston next week.

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25 August, 2009

Government to extend retail deposit guarantee

The Government will extend the Retail Deposit Guarantee Scheme and change some of its terms and conditions, Finance Minister Bill English says.

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17 August, 2009

Cutting red tape to create a better, smarter economy

Ministers release Government Statement on Regulation

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24 July, 2009

Strategic asset investment test never used

Removing the strategic asset test from the overseas investment rules will reduce confusion and uncertainty for investors but will have little other practical effect, Finance Minister Bill English says.

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23 July, 2009

Government simplifies overseas investment

The Government has simplified overseas investment rules to make it easier for local firms to access scarce global funds, Finance Minister Bill English says.

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21 July, 2009

Labour mulls raising age for New Zealand Super

Labour has given its strongest hint yet that it would raise the age of eligibility for New Zealand Superannuation.

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16 July, 2009

Ministers take single market forward, sign up to trans-Tasman retirement savings portability

Ministers take single market forward, sign up to trans-Tasman retirement savings portability

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8 July, 2009

Government considers local body ‘bond bank’

The Government is working with local body representatives to investigate setting up a "bond bank" to help councils finance up to $30 billion of planned infrastructure over the next decade, Finance Minister Bill English says.

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7 July, 2009

Super portability on agenda for Australian visit

Finance Minister Bill English will meet Australian Treasurer Wayne Swan in Brisbane on July 16 to discuss the portability of retirement savings between New Zealand and Australia.

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3 July, 2009

Plenty of work to rein in budget deficit - English

Finance Minister Bill English has welcomed news that the Budget operating deficit of $7.2 billion for the 11 months to May 31 is lower than the forecast $8.4 billion.

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1 July, 2009

$25 million trade bond boost for exporters

The Government has extended a key trade guarantee paving the way for more New Zealand exporters to sell their goods and services to United States authorities, Finance Minister Bill English says.

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30 June, 2009

Government provides NPF schemes with $34m

The Government has authorised a $33.7 million injection to three Crown-guaranteed National Provident Fund schemes to help cover lower than expected returns, Finance Minister Bill English says.

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