The Government’s efforts to secure the recovery have been reflected in the robust rebound of GDP figures released today which show the economy remains resilient despite the ongoing impact of the COVID-19 pandemic, Grant Robertson said.
The Government has today confirmed new builds will be exempt from planned changes to the tax treatment of residential investment property.
The Government’s ongoing support to secure the economic recovery continues to be reflected in the Crown’s financial accounts.
Housing Minister and Associate Minister of Finance, Megan Woods today visited YMCA Christchurch to mark the near completion of the first stage of the refurbishment of the ‘Hotel Give’ shovel ready project, funded by the COVID-19 response fund.
The temporary regime, introduced to protect New Zealand assets from falling unnecessarily into foreign ownership during the COVID pandemic, will end on 7 June.
The Government, Business NZ and the New Zealand Council of Trade Unions (CTU) are jointly designing a Social Unemployment Insurance scheme that would support workers to retain about 80 percent of their income for a period after they lose their jobs.
Increased infrastructure investment will play a critical part in Aotearoa New Zealand’s recovery from the COVID-19 pandemic.
The Government’s response to COVID-19 and strong economic management has placed New Zealand on a firmer footing to accelerate the recovery and address longstanding social and infrastructure deficits.
New Zealand’s most strategically important assets will be protected from sales to overseas buyers that would be contrary to our national interests under a law that passed its third reading in Parliament today.
Hundreds of thousands of New Zealanders will be significantly better off in retirement following changes to the default KiwiSaver scheme, Finance Minister Grant Robertson and Commerce and Consumer Affairs Minister David Clark said today.
Securing the recovery and investing in the wellbeing of New Zealanders is the focus of Budget 2021, Grant Robertson told his audience at a pre-budget speech in Auckland this morning.
The Government’s financial accounts continue to reflect the resilience of the economy and confidence in the Government’s economic recovery plan.
The Government’s economic recovery plan continues to be reflected in the labour market, with more people in work and unemployment falling.
The Government’s Workforce Policy Statement issued today sets out its expectations for pay and employment relations in the Public Sector, the Minister of Finance and Minister for the Public Service say.
The Government’s strong pandemic response and the better than expected economic recovery means not all the money allocated in the COVID-19 Response and Recovery Fund has been spent, Grant Robertson said in his annual pre-Budget speech to the Wellington Chamber of Commerce this morning.
The Productivity Commission will hold an inquiry into immigration settings to ensure New Zealand’s long term prosperity and wellbeing, Grant Robertson and Kris Faafoi say.
Cabinet has finalised a package of new measures to protect New Zealanders’ interests in the banking and financial system, including guaranteeing deposits of up to $100,000 per eligible institution.
The Government is continuing to support Air New Zealand while aviation markets stabilise and the world moves towards more normal border operations.