Portfolio: Finance

$200 million additional support for exporters

beehive.govt.nz — Mon, 16 Nov 2009 16:04:47 +1300

Bill English | Finance

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

NZ comes through financial crisis in good shape

beehive.govt.nz — Wed, 11 Nov 2009 10:57:30 +1300

Bill English | Finance

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. The Reserve Bank's latest Financial St...

APEC finance ministers discuss trade, recovery

beehive.govt.nz — Mon, 09 Nov 2009 15:53:04 +1300

Bill English | Finance

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. Mr English, who lea...

Appointments to Guardians of NZ Superannuation

beehive.govt.nz — Fri, 06 Nov 2009 17:04:54 +1300

Bill English | Finance

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 Minist...

Super portability included in November tax bill

beehive.govt.nz — Thu, 05 Nov 2009 14:37:50 +1300

Bill English | Finance

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. P...

Accounts highlight lagged effect of recovery

beehive.govt.nz — Wed, 04 Nov 2009 11:29:09 +1300

Bill English | Finance

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 Englis...

Long-Term Fiscal Statement highlights choices

beehive.govt.nz — Thu, 29 Oct 2009 14:52:14 +1300

Bill English | Finance

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. "Thi...

No grounds for inquiry into ministerial housing

beehive.govt.nz — Wed, 28 Oct 2009 16:20:36 +1300

Bill English | Finance

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. It has also agreed that the rules an...

Joyce to attend Pacific Forum Economic Ministers' Meeting

beehive.govt.nz — Tue, 27 Oct 2009 07:49:43 +1300

Simon Power | Finance

Associate Finance Minister Steven Joyce will attend the Pacific Forum Economic Ministers' Meeting from 26-28 October in Rarotonga. The Pacific Forum Economic Ministers' Meeting is one of the major ann...

Equity and fairness key to tax considerations

beehive.govt.nz — Mon, 19 Oct 2009 10:00:35 +1300

Bill English | Finance

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. "The benefits must clearly out...

Govt accounts reflect extra spending, recession

beehive.govt.nz — Wed, 14 Oct 2009 14:02:22 +1300

Bill English | Finance

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. "There has been a m...

English to visit Hong Kong, London investors

beehive.govt.nz — Fri, 02 Oct 2009 10:06:57 +1300

Bill English | Finance

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 recover...

English removes doubts over allowance

beehive.govt.nz — Tue, 29 Sep 2009 10:29:35 +1300

Bill English | Finance

Finance Minister Bill English has today taken several steps to remove doubts about his ministerial housing allowance. He announced today that: He has elected not to take up any housing allowance. He ...

Improving frontline services, avoiding the debt trap

beehive.govt.nz — Wed, 23 Sep 2009 12:09:27 +1200

Bill English | Finance

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 Ministe...

Focus on sustainable jobs and growth

beehive.govt.nz — Wed, 23 Sep 2009 11:28:38 +1200

Bill English | Finance

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. GDP data shows...

More work needed to rebalance economy

beehive.govt.nz — Tue, 22 Sep 2009 15:03:22 +1200

Bill English | Finance

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 Minist...

Government's ETS strikes a balance to protect jobs

beehive.govt.nz — Wed, 16 Sep 2009 14:49:05 +1200

Bill English | Finance

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 chang...

New Zealand can do better than muddle through

beehive.govt.nz — Mon, 14 Sep 2009 11:41:36 +1200

Bill English | Finance

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. "O...

Goff’s reckless borrow and hope stuck in the past

beehive.govt.nz — Sun, 13 Sep 2009 23:46:18 +1200

Bill English | Finance

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 ...

NZ can improve its competitiveness ratings

beehive.govt.nz — Wed, 09 Sep 2009 17:24:25 +1200

Bill English | Finance

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. In the World Bank’s Doing...

Extended retail deposit guarantee law passed

beehive.govt.nz — Wed, 09 Sep 2009 12:18:26 +1200

Bill English | Finance

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

Finance Minister to visit financial capitals

beehive.govt.nz — Thu, 27 Aug 2009 12:44:09 +1200

Bill English | Finance

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. Mr English will visit the cities ...

Government to extend retail deposit guarantee

beehive.govt.nz — Tue, 25 Aug 2009 12:34:52 +1200

Bill English | Finance

The Government will extend the Retail Deposit Guarantee Scheme and change some of its terms and conditions, Finance Minister Bill English says. The current scheme ends on October 12, 2010. The new sc...

Cutting red tape to create a better, smarter economy

beehive.govt.nz — Mon, 17 Aug 2009 12:18:22 +1200

Rodney Hide | Regulatory Reform

Better and less regulation is essential to boost New Zealand's productivity growth, international competitiveness and living standards, the Hon Rodney Hide, Minister for Regulatory Reform, and the Hon...

Strategic asset investment test never used

beehive.govt.nz — Fri, 24 Jul 2009 14:07:23 +1200

Bill English | Finance

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...

Government simplifies overseas investment

beehive.govt.nz — Thu, 23 Jul 2009 12:57:19 +1200

Bill English | Finance

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

Labour mulls raising age for New Zealand Super

beehive.govt.nz — Tue, 21 Jul 2009 15:56:08 +1200

Bill English | Finance

Labour has given its strongest hint yet that it would raise the age of eligibility for New Zealand Superannuation. The party’s finance spokesman confirmed to the Mood of the Boardroom business funct...

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

beehive.govt.nz — Thu, 16 Jul 2009 14:21:22 +1200

Bill English | Finance

Ministers take single market forward, sign up to trans-Tasman retirement savings portability Australian Treasurer Wayne Swan and New Zealand Finance Minister Bill English today made significant progr...

Government considers local body ‘bond bank’

beehive.govt.nz — Wed, 08 Jul 2009 11:35:22 +1200

Bill English | Finance

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 Min...

Super portability on agenda for Australian visit

beehive.govt.nz — Tue, 07 Jul 2009 12:10:00 +1200

Bill English | Finance

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. “If an agreement is...