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Associate Minister of Finance Jonathan Coleman departs New Zealand today for Washington to attend this week’s G20 Finance Ministers and Central Bank Governors meeting.

“This is an important opportunity to meet with finance ministers from the world’s largest economies to discuss key economic challenges, including strategies for growth and employment, and building a resilient global economy,” says Dr Coleman.

Good afternoon everyone. Thank you Wayne, for my introduction. I would also like to thank our hosts, the TSB Community Trust, for inviting me to speak to you.

It’s great to see you all here today. I know that many of you have day jobs and other responsibilities in your communities, and it speaks to your dedication that you have made the effort to be here today.

Associate Minister of Finance Jonathan Coleman and Commerce Minister Craig Foss welcome the signing of the Asia Region Funds Passport Statement of Intent at the APEC Finance Ministers meeting.

“The Asia Region Funds Passport is an excellent initiative that will provide real benefits to New Zealand and other countries in the region,” says Dr Coleman.

Associate Minister of Finance Jonathan Coleman is attending this week’s Asia-Pacific Economic Cooperation (APEC) annual meeting of Finance Ministers.

“It is important that APEC Finance Ministers come together to discuss the key economic development issues facing the Asia-Pacific region,” says Dr Coleman.

"New Zealand actively engages with our regional partners. APEC provides a crucial forum where nations can discuss issues, share new ideas and build common approaches.

Associate Minister of Finance Jonathan Coleman says New Zealand’s Community Trusts have made a significant contribution across New Zealand during the last 25 years.

“I would like to congratulate all 12 Community Trusts on 25 years of grant-making in support of their local communities,” says Dr Coleman.

Associate Minister of Finance Jonathan Coleman is representing New Zealand at this week’s Pacific Island Forum Economic Ministers Meeting in Tonga.

“It is an important opportunity to discuss the economic development issues facing the Pacific,” Dr Coleman says.

“The Forum Economic Ministers Meeting is a chance for Finance Ministers to share experiences and develop collective responses to wider issues of economic growth and regional integration.

Gross domestic product data for the March quarter shows the New Zealand economy continues to grow despite the impact of the nationwide drought.

“This confirms New Zealand is on the right track, in line with Budget forecasts of economic growth, more jobs, rising wages and a return to fiscal surplus in 2014/15,” Associate Minister of Finance Jonathan Coleman says.

Ladies and gentlemen,

Thank you for the invitation to be here, it’s always great to be out of the Beehive.

I often say to the Treasury officials – when are they going to start delivering me some better work stories? And I point across to my Defence officials who in the past 18 months have delivered better work stories in the form of trips to Afghanistan, all sorts of exciting transport modes, and more recently a very special visit to Gallipoli for ANZAC Day.

Land Information Minister Maurice Williamson and Associate Finance Minister Jonathan Coleman have approved the new recommendation of the Overseas Investment Office (OIO) to grant consent to Milk New Zealand Holding Limited to acquire the 16 Crafar farms.

“New Zealand has a transparent set of laws and regulations around overseas investment,” Mr Williamson says.

The 10 results set by the Prime Minister for the public sector over the next three to five years focus on some of the biggest challenges facing New Zealand, Finance Minister Bill English and State Services Minister Jonathan Coleman say.

The results will cover five themes:

Land Information Minister Maurice Williamson and Associate Finance Minister Jonathan Coleman said today’s High Court judgment on the judicial review of Shanghai Pengxin’s bid to acquire the 16 Crafar farms provides a new judicial interpretation of complex legislation.

The High Court considered the case on two grounds. These were:

Land Information Minister Maurice Williamson and Associate Minister of Finance Dr Jonathan Coleman have accepted the recommendation of the Overseas Investment Office (OIO) to grant consent to Milk New Zealand Holding Limited (Milk New Zealand), a subsidiary of Shanghai Pengxin Group Co. Limited, to acquire the 16 Crafar farms.

"It is clear that all criteria under sections 16 and 18 of the Overseas Investment Act 2005 have been met, therefore we accept the recommendation of the OIO to grant consent," Mr Williamson said.