Finance

Minister of Finance Grant Robertson has welcomed the IMF’s Concluding Statement, released following its annual visit, which provides an independent assessment of the strength of the New Zealand economy.

The Government has begun winding down public funding for large-scale irrigation through Crown Irrigation Investments Limited (CIIL), in line with the Coalition Agreement and the Confidence & Supply Agreement.

The Government’s accounts continued to track slightly better than expected in the eight months to the end of February, with the Government surplus nearly $500 million higher than the Treasury forecast in December, Finance Minister Grant Robertson says.

Finance Minister Grant Robertson and incoming Reserve Bank Governor Adrian Orr today signed a new Policy Targets Agreement (PTA) setting out specific targets for maintaining price stability and a requirement for employment outcomes to be considered in the conduct of monetary policy.

The 2018 Investment Statement He Puna Hao Pātiki, shows how the Treasury is moving towards a more holistic way of assessing the Government’s balance sheet, by incorporating principles from the Living Standards Framework alongside financial considerations, Finance Minister Grant Robertson says.

Investments in sensitive land involving forestry rights will be brought into the scope of the Overseas Investment Act under changes proposed today by Associate Finance Minister David Parker.

The Government’s target, to reduce the proportion of children in poverty from 15% now to a world-leading 5% within ten years, remains unchanged following Treasury’s corrected and updated projections, Prime Minister Jacinda Ardern says.

Stronger employment growth and residential investment continued to support the Government’s financial accounts in the seven months to the end of January, Finance Minister Grant Robertson says.

Cabinet has agreed to changes to the treatment of overseas investments in forestry rights that will see them brought into the Overseas Investment Act screening regime.

Dr Chris Eichbaum has been appointed to the Board of the Reserve Bank of New Zealand, Finance Minister Grant Robertson says.

Minister of Finance, and Sport and Recreation, Grant Robertson, today departs for the Republic of Korea and then Singapore to meet with political and business leaders and to attend the Winter Olympic Games.

A conference bringing international experts on wellbeing to New Zealand will provide valuable insights for policies to raise living standards of all Kiwis, and help promote New Zealand as a world-leading proponent of wellbeing research, says Finance Minister Grant Robertson.

Finance Minister Grant Robertson welcomes news that Standard & Poor’s has affirmed its AA/A-1+' foreign currency and 'AA+/A-1+' local currency sovereign credit ratings on New Zealand.

The Government’s accounts for the five months to November 2017 show revenue and expenses tracking above the latest Half Year Economic and Fiscal Update (HYEFU) forecasts, Fi

Finance Minister Grant Robertson and Revenue Minister Stuart Nash today announced the members being appointed to the Government’s Tax Working Group.

The law banning overseas buyers from purchasing existing homes has passed its first hurdle in Parliament.

The members of the Independent Expert Advisory Panel for Phase 1 of the Review of the Reserve Bank of New Zealand Act 1989 bring considerable knowledge and expertise to the table, Finance Minister Grant Robertson says.

The Government’s policy programme will deliver a stable and growing economy which is fair for all New Zealanders, Finance Minister Grant Robertson says.

Minister for Statistics and Climate Change James Shaw welcomes the commitment to develop a new set of economic, environmental, and social progress indicators, as outlined in the Government’s Budget