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10 March, 2010

Wholesale funding guarantee to end on 30 April

The Government will close New Zealand's wholesale funding guarantee on 30 April 2010, Finance Minister Bill English announced today.

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5 March, 2010

Budget will continue focus on fiscal discipline

The Budget will continue to focus on managing the Government's finances in a disciplined and responsible way, Finance Minister Bill English says.

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19 February, 2010

Incremental improvement in Crown finances

The Government's finances showed some incremental improvement in the six months to December 31, due to a number of factors - including some one-off gains, Finance Minister Bill English says.

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18 February, 2010

Government confirms it will retain imputation

The Government has confirmed it will retain the imputation system for taxing company dividends in its tax reform package later this year.

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16 February, 2010

Families pay price for Labour's mismanagement

Labour's legacy of economic mismanagement was even more damaging to New Zealand families than previously reported, after revisions to official statistics issued late last year, Finance Minister Bill English says.

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16 February, 2010

Housing Advisory Group members named

Housing Minister Phil Heatley and Finance Minister Bill English have today announced the line-up of the government's seven-member Housing Shareholders' Advisory Group.

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2 February, 2010

Budget on May 20 will deliver growth, jobs

Finance Minister Bill English today confirmed Budget 2010 will be delivered on May 20 and will set out important policies to lift economic growth and give hard-working New Zealanders incentives to get ahead.

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29 January, 2010

Accounts slightly better, growth the focus

Crown accounts for the five months to November 30 were slightly better than forecast, but reinforce the need for responsible fiscal and economic management through 2010, Finance Minister Bill English says.

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20 January, 2010

Government to carefully consider tax report

The Government will carefully consider the Tax Working Group’s report on options for improving New Zealand’s tax system, Finance Minister Bill English and Revenue Minister Peter Dunne said today.

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19 January, 2010

Govt makes Reserve Bank, EQC appointments

Finance Minister Bill English has appointed two new directors to the board of the Reserve Bank and a new commissioner to the Earthquake Commission.

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23 December, 2009

Cautious confidence heading into Christmas

New Zealanders can go into the Christmas break feeling more positive after two quarters of economic growth, but more work is needed to ensure a strong sustainable recovery, Finance Minister Bill English says.

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15 December, 2009

Government's focus on jobs, higher growth

The Government's firm focus in 2010 will be achieving higher economic growth and giving businesses the confidence to invest and create jobs, Finance Minister Bill English says.

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7 December, 2009

Latest economic indicators paint mixed picture

The Treasury's latest monthly economic indicators today provide a mixed view of the economy and reinforce risks around the shape of the recovery, Finance Minister Bill English says.

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4 December, 2009

Lower company profits impact Crown accounts

The fiscal challenges facing the Government as the economy comes out of recession are again highlighted in the Crown's financial statements for the four months to 31 October, Finance Minister Bill English says.

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30 November, 2009

Taskforce report requires practical decisions

The Government will consider the 2025 Taskforce's recommendations and make practical decisions about them, Finance Minister Bill English says.

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26 November, 2009

Video Briefing from the Finance Minister

On the 15th of December, the Government will release its half-year update on the Budget.

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26 November, 2009

Budget spending jumps 45 per cent in five years

The Government’s Half-Year Economic and Fiscal Update next month will highlight the legacy of Labour's relentless spending increases over recent years, Finance Minister Bill English says.

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16 November, 2009

$200 million additional support for exporters

The Government is providing $200 million more in trade guarantees to increase opportunities for New Zealand exporters, Finance Minister Bill English says.

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11 November, 2009

NZ comes through financial crisis in good shape

New Zealand's banking and finance sector is coming through the global financial and economic crisis in relatively good shape, Finance Minister Bill English says.

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9 November, 2009

APEC finance ministers discuss trade, recovery

Finance Minister Bill English will this week discuss common economic and trade issues with counterparts from across Asia-Pacific at the APEC finance ministers meeting in Singapore.

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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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