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New Zealand’s largest banks will trial regional banking hubs and have agreed not to close any branches outside of main centres while the trial is under way.

The Associate Minister for State Owned Enterprises Shane Jones and Minister of Finance Grant Robertson have announced the appointment of Mr Rodger Finlay as Chair of NZ Post Limited. Mr Finlay has been appointed from 21 August 2019 to 30 April 2022.

The Associate Minister for State Owned Enterprises Shane Jones and Minister of Finance Grant Robertson have announced the appointment of Mr Gregory Fortuin as Chair of Quotable Value Limited (QV). Mr Fortuin is appointed from 21 August 2019 to 30 April 2022.

The Associate Minister for State Owned Enterprises Shane Jones and Minister of Finance Grant Robertson have announced the appointment of Dr Alison Watters as Chair of AsureQuality Limited.

Investment in rail infrastructure in the Wellbeing Budget will make trains more reliable and cut down on maintenance time and costs, rail ministers announced today.

Budget 2019 allocates $10.4 billion of the four-year capital allowance. This includes record investment in a 10-year school property modernisation programme, an investment plan to fix our hospitals and mental health facilities, and investments in KiwiRail and the Provincial Growth Fund.