The Government’s new $300 million venture capital fund - announced in last year’s Budget – is now open for business as the Elevate NZ Venture Fund. 

Minister for State Owned Enterprises Rt Hon Winston Peters and Minister of Finance Hon Grant Robertson, have announced the appointment of Mark Binns as Chair of the Crown Infrastructure Partners Limited (CIP).

New Zealanders’ savings in KiwiSaver default funds will soon exclude investment in fossil fuels, the Ministers of Finance and Commerce and Consumer Affairs announced today.

The Crown accounts are in a strong position to weather any economic uncertainty as a result of coronavirus, with the books in surplus and expenses close to forecast, Finance Minister Grant Robertson says.

New Zealanders are increasingly better off under this Government as wages rise and families have more disposable income, Finance Minister Grant Robertson says.

“Is that it?”

That’s Finance Minister Grant Robertson’s response to Simon Bridges’ much-hyped economic speech today.

Owner-occupiers of unit and apartments living in earthquake-prone buildings will have certainty about the financial support they’ll be eligible for with the release of criteria for an upcoming assistance scheme, Minister for Building and Construction Jenny Salesa says.

Budget 2020 will be delivered on Thursday 14 May, Finance Minister Grant Robertson announced today.

The Government’s books are in a strong position to withstand global headwinds, with the accounts in surplus and expenses close to forecast, Finance Minister Grant Robertson says.

The Government is committing $300,000 to fund research to update behavioural information to make sure HIV and STI prevention services are targeted appropriately in New Zealand.

Today’s news of low unemployment, rising wages and record numbers of Maori in work shows the economy is in good shape and that the Government is delivering better outcomes across New Zealand.

A new programme to build and upgrade roads, rail, schools and hospitals will prepare the New Zealand economy for the future, Finance Minister Grant Robertson says.

The Government’s strong financial management and plan to future proof the economy with new infrastructure investment has gained further recognition from an international ratings agency.

The Government’s books are in good shape with the accounts in surplus and expenses close to forecast, Finance Minister Grant Robertson says.

Finance Minister Grant Robertson has approved the terms of reference for an Inquiry into the economic contribution of New Zealand's frontier firms.

The Government has today issued the Venture Capital Fund Policy Statement outlining the requirements for investments from the new $300 million fund set up to support New Zealand firms as they expand beyond the start-up phase.

Reserve Bank of New Zealand Chair Professor Neil Quigley has been reappointed for a two-year term from 1 February 2020.

GDP growth for the September quarter has exceeded expectations, showing the economy is in good shape, Finance Minister Grant Robertson says.

Keeping Kiwis’ money safe and ensuring they have confidence in the people running our banks are the focus of the latest decisions out of the Government’s review of banking laws.

New Zealand firms expanding beyond the start-up phase are set for more support after today’s passage of the Venture Capital Fund Bill, Associate Finance Minister David Parker said.

The Government is lifting capital investment to the highest level in more than 20 years as it takes the next step to future-proof New Zealand.