Hon Grant Robertson

The Government is providing a $5 million package of emergency support to help businesses significantly affected by the recent flooding in Auckland.

The Government is providing extra cost of living support to families and businesses, delivering on new Prime Minister Chris Hipkins’ promise of a greater focus on the issues facing New Zealanders right now.

The strong economy has attracted more people into the workforce, with a record number of New Zealanders in paid work and wages rising to help with cost of living pressures.

The New Year Honours List includes an array of sporting stars and grassroots administrators who reflect the best of Aotearoa’s sporting and recreation community.

The economy is continuing to grow solidly with the return of tourists in increasing numbers and higher construction activity, putting New Zealand in a stronger starting point to meet the challenges of a deteriorating global economy.

The Government’s books are forecast to be back in surplus in 2024/25 reflecting a resilient economy in the face of a global economic downturn.

Budget 2023 will continue the Government’s commitment to providing Kiwis with economic security through what will be a difficult year for the global economy facing both the challenge of inflation and a forecast economic slowdown.

The Government is providing more cost of living support by extending the petrol excise discount until the end of February then phasing it out by the end of March. Half price public transport will also be extended until the end of March.

The completion of upgrades to the Auckland Film Studio will provide an economic boost for Auckland and the country as a whole.

Tauranga will be the first region to use a new Government tool to raise funding for much-needed infrastructure.

New Zealand has lost one our true sporting icons with the passing of Sir Murray Halberg, Grant Robertson, Minister of Sport and Recreation said today.

The Crown accounts are in a solid position thanks to the Government’s careful financial management through a deteriorating global environment.

David McLean and Sir Brian Roche have been appointed as the first two directors of the newly incorporated Kiwi Group Capital Limited (KCG), the parent company of Kiwibank.

A public event and celebration will be held on Parliament’s lawn on December 13 to celebrate our Rugby World Cup winning Black Ferns.

The Government welcomes New Zealand Debt Management’s issuance today of NZ$3 billion of the New Zealand Sovereign Green Bonds that will mature in 2034.

Making the Resource Management process quicker, cheaper and better will help boost New Zealand’s economic growth.

In the last five years Kāinga Ora has delivered over 8,370 newly built homes, over 900 retrofits and is overseeing the biggest urban development programme since the 1970s, with programmes like Large Scale Projects.

The Government has asked the Productivity Commission to hold an inquiry into the resilience of the New Zealand economy to supply chain disruptions.

The resilient economy and the Government’s responsible financial management means New Zealand is well positioned to respond to a difficult and challenging global environment.

Adrian Orr has been reappointed as Reserve Bank Governor.

Acting Prime Minister Grant Robertson has congratulated Rishi Sunak on his appointment as Conservative Party leader and Prime Minister of the United Kingdom.

Inflation has eased slightly in the New Zealand economy amid a volatile international environment that continues to put pressure on prices, meaning the Government’s balanced financial approach to target spending is needed now that the emergency Covid spending is over.

New Zealand is in a strong position to handle the increasing global economic turbulence highlighted by the IMF’s latest forecasts released today.

Grant Robertson departs this evening with a business delegation to New York, after which he will travel to Washington DC for meetings.