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Energy Minister Max Bradford and Finance Minister Bill Birch today announced the Government's direction on electricity reform.

The three-way split of ECNZ will proceed and be completed by the end of March next year securing lower electricity prices for New Zealand households and businesses and long-term benefits for the en

Retail power companies purchased by ECNZ before the planned split of ECNZ on April 1 next year will be allocated amongst the three new SOEs.

100,000 NZ Investors in Government Floats

Helen Clark needs to be reminded what New Zealanders already know - credit cards have costs, Treasurer Bill Birch said today.

"The public statements of Labour and ACT make it clear that they intend to vote against tax cuts for up to 600,000 low and middle income super savers," Treasurer Bill Birch said in Parliament this

The year's third major taxation bill - the Taxation (Accrual Rules and Other Remedial Matters) Bill - was introduced into Parliament today.

The Government has declined final bids from parties seeking to purchase Solid Energy, Finance Minister Bill Birch and State Owned Enterprises Minister Tony Ryall announced today.

The scoping study of Solid Energy was released today under the Official Information Act by Treasurer and Minister of Finance Bill Birch and State Owned Enterprises Minister Tony Ryall.

The Labour Party's conference provides Michael Cullen with the opportunity to finally tell New Zealanders what Labour's policies are, what they will cost and who will pay, Treasurer Bill Birch said

Helen Clark and Labour's disdain for working New Zealanders is becoming increasingly apparent, Treasurer Rt Hon Bill Birch said today.

Helen Clark seems to be suffering from selective amnesia, Treasurer Rt Hon Bill Birch said today.

The fact Helen Clark hasn't been able to satisfy Jim Anderton by raising taxes for 144,000 hard-working New Zealanders is ominous for everyone trying to earn a living, Treasurer Bill Birch said tod

"The low interest rate environment makes the forecast returns from shares in Capital Properties NZ very attractive for discerning investors and those seeking to enhance their retirement savings opt

Rt Hon W F Birch
Treasurer and Minister of Finance
Hon Tony Ryall
Minister for State Owned Enterprises

The continuing decline in interest rates - lowering costs to households and businesses - shows New Zealand's economic framework is adjusting very well to international events, Treasurer Bill Birch

Cabinet today discussed the Wellington International Airport and agreed that the Committee comprising the Prime Minister, Deputy Prime Minister and Treasurer, and the Finance Minister complete furt

Finance Minister Rt Hon Bill Birch and State Owned Enterprises Minister Hon Tony Ryall announced today the Government would proceed with the float of nine of its commercial office properties in Wel

The Gross Domestic Product for the June quarter declined by 0.8% as expected, and GDP increased by 1.2% in the year to June, Treasurer and Finance Minister Bill Birch said today.

Treasurer and Finance Minister Bill Birch today emphasised that the change in Moody 's credit rating related only to future New Zealand sovereign foreign currency borrowings.

Significant Export Gains in Major Western Markets

Competition from the three new SOEs to be formed from the split of ECNZ will reduce the wholesale price of electricity and bring savings of at least $150 million a year to households and businesses

Fiscal Effects Take Somewhat Longer to Work Through Treasury's forecast of a rebound to dynamic positive growth by 1999-2000 "highlights the strength and flexibility of our economy today in the fac

The Treasury has prepared a set of economic and fiscal forecasts for the Cabinet, which will be considered by Cabinet at its meeting on Monday, 7 September.