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Greg Miller has been appointed to chair the KiwiRail board, Minister for State Owned Enterprises Winston Peters and Minister of Finance Grant Robertson announced today.

Thank you very much for having me here today.

I want to begin by setting the scene and giving a bit of context to the situation in which the New Zealand economy is operating right now.

Brian Corban has been appointed to the KiwiRail board as Deputy Chair, Minister for State Owned Enterprises Winston Peters and Finance Minister Grant Robertson announced today.

Thank you very much for having me here today. I know the Prime Minister would have loved to be here, but I’m sure you can all appreciate she’s somewhat preoccupied at the moment.

She did ask me to relay a message to you all. It reads:

The Productivity Commission will hold an inquiry into Local Government funding and financing, Finance Minister Grant Robertson announced today.

The latest Government financial statements show the books remain in a good position, with a strong surplus indicating that revenue and expenses are tracking in line with the Treasury’s Budget forecasts, Finance Minister Grant Robertson says.
The International Monetary Fund’s (IMF) latest annual review of the New Zealand economy shows the Government’s economic plan will support growth and help close the infrastructure and social deficits that built up in recent years, Finance Minister Grant Robertson says.
New Zealand’s largest ever 10-year plan for land transport investment announced today sends a clear message that the Coalition Government is committed to a long-term nationwide infrastructure strategy to boost productivity and support businesses to grow, Finance Minister Grant Robertson says.

Sport and Recreation Minister Grant Robertson announced a number of appointments to the Sport New Zealand (Sport NZ) board today.

A new programme of work is underway to strengthen the contribution our national archives and libraries can make to New Zealand’s culture and democracy, Internal Affairs Minister Tracey Martin and the Associate Minister for Arts, Culture and Heritage Grant Robertson said on Wednesday.

The Terms of Reference for Phase 2 of the Review of the Reserve Bank Act were released today by Finance Minister Grant Robertson.

Health Minister Dr David Clark and Sport and Recreation Minister Grant Robertson welcome the World Health Organization’s new Global Action Plan on Physical Activity, announced in Geneva on Monday.

The Government’s surplus, revenue, expenses and net debt are all tracking in line with forecasts, according to the latest monthly financial accounts released by the Treasury today.

Finance Minister Grant Robertson and Commerce and Consumer Affairs Minister Kris Faafoi have met with the Reserve Bank of New Zealand (RBNZ) and Financial Markets Authority (FMA) to discuss their previously announced review of the conduct and operations of the financial sector.

I would like thank the EMA for the invitation to speak here, and thanks to all of you for coming along today.
Mr Speaker, I move that the Appropriation (2018/19 Estimates) Bill be now read a second time.

Health, education, housing and other critical public services receive overdue investments today, says Finance Minister Grant Robertson.

Responsible decision-making and a strong economy will deliver a forecast $3.7 billion surplus in 2018/19, up from $3.1 billion forecast in the current year, says Finance Minister Grant Robertson. 

Public consultation will be launched in August on establishing an independent body to better inform public debate in our democracy, Associate Finance Minister James Shaw announced today.

The Coalition Government will invest $42 billion in net capital spending over the next five years to support our plan to rebuild New Zealand’s infrastructure and critical public services, Finance Minister Grant Robertson said today.

A modern, rapid transit light rail network to transform Auckland is a step closer with Cabinet agreeing to launch a procurement process, Transport Minister Phil Twyford and Finance Minister Grant Robertson announced today.

The Government’s accounts continued to perform slightly better-than-expected in the nine months to the end of March, with the surplus $910 million higher than the Treasury forecast in December, Finance Minister Grant Robertson says.

Thank you all for coming this morning and special thanks to Westpac for hosting us today.