Search

“The GDP figures for the September quarter support the growth track in the December Economic and Fiscal Update,” Finance Minister Michael Cullen said today.

The 2003 Budget will reinforce the government’s reputation as a careful fiscal manager and advance New Zealand further along the path to a strongly growing and socially cohesive society, Finance Minister Michael Cullen said today.

19 December 2002Media Statement
Embargoed to 1am, ThursdayCullen on business confidence figures

The government today agreed to Qantas taking a 4.99 per cent stake in Air New Zealand and gave conditional support to a strategic alliance between the two airlines.

Tuesday 10 December 2002Speech Notes
Embargoed until: 9.45pmAddress to Institute of Directors Auckland Branch Dinner

Finance Minister Michael Cullen today welcomed the latest National Bank Outlook showing confidence improving for a fourth consecutive month.

Commercial: Sensitive
Personal to:________________________
CabinetMinute of DecisionCAB Min (02) 31/23

Commercial: Sensitive
Personal To:_________________
Cabinet Policy Committee Minute of DecisionPOL Min (02) 20/7Copy No:

Treasury Report: Air New Zealand – Process (Roles of Ministers)
Date:21 November 2002Treasury Priority:High
Security Level:COMMERCIAL SENSITIVEReport No:T2002/1585
Action Sought
Action SoughtDeadline

The government today received a proposal for Air New Zealand to enter a strategic alliance with Qantas under which Qantas would take a minority stake in Air New Zealand.

Process and timing of consideration of Air New Zealand proposal

25 November 2002Government as 82% shareholder receives proposal from Air New Zealand for Qantas to take a stake in Air New Zealand.

The OECD forecasts place New Zealand in the top three for growth this year and in the top eight for growth over the next three years.

Discusses work the government is doing on the implications of the government's intention to retain SOEs in public ownership.

12 November 2002Speech Notes
Embargoed until: 7.30am Tuesday Speech to National Press Club/ British NZ Trade Council

Moody's Investors Service upgrades New Zealand's credit rating to Aaa - the highest level since 1983.

The government has advised Ross Armstrong that it is no longer appropriate for it to have any contact or discussion with him on Public Private Partnerships policy.

Dr Cullen examines whether Enron and WorldCom could happen in New Zealand, the importance of strong accountancy standards to the government's Innovation and Growth strategy and the implications for NZ of Australia's decision to move to international accounting standards by 2005

New Zealander, Richard Stanley, appointed to the Asian Development Bank.

The government has announced its tax policy work programme through to June 2004.

2 October 2002Speech Notes
Embargoed to 4am, Wednesday 3 October 2002 NZ time 12pm, Tuesday 2 October 2002 NY timeSpeech to New York Investment Luncheon

Acting Finance Minister Trevor Mallard said today the value of public servants’ pensions, paid out of the Government Superannuation Fund, would not be affected by fluctuations in the value of investments in overseas shares.

Acting Finance Minister Trevor Mallard said today the value of public servants’ pensions, paid out of the Government Superannuation Fund, would not be affected by fluctuations in the value of investments in overseas shares.

Acting Finance Minister Trevor Mallard said the June GDP results, showing growth of 1.7 percent over the quarter and 3.5 percent over the year, are well above market forecasts and ahead of the PREFU forecasts.

Acting Finance Minister Trevor Mallard said that the business confidence figures in the latest National Bank survey show that fewer businesses in September expect business conditions to decline than was the case in August.