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The Government has today issued the Venture Capital Fund Policy Statement outlining the requirements for investments from the new $300 million fund set up to support New Zealand firms as they expand beyond the start-up phase.

Reserve Bank of New Zealand Chair Professor Neil Quigley has been reappointed for a two-year term from 1 February 2020.

GDP growth for the September quarter has exceeded expectations, showing the economy is in good shape, Finance Minister Grant Robertson says.

Stats NZ data today showed the economy grew 0.7% over the quarter, and 2.7% over the year.

Keeping Kiwis’ money safe and ensuring they have confidence in the people running our banks are the focus of the latest decisions out of the Government’s review of banking laws.

New Zealand firms expanding beyond the start-up phase are set for more support after today’s passage of the Venture Capital Fund Bill, Associate Finance Minister David Parker said.

The Government is lifting capital investment to the highest level in more than 20 years as it takes the next step to future-proof New Zealand.

The Government is forecast to run $12 billion worth of surpluses across the four years to 2023/24 as the economy continues to grow.

Budget 2020 will continue the Coalition Government’s focus on tackling the long-term challenges facing New Zealand while also investing to future-proof the economy.

The Government has decided to bring forward major investments in New Zealand’s infrastructure to future proof the economy.

A major new report on the global economy shows New Zealand is in good shape amid increased global headwinds.

The Government is delivering on its promise to protect New Zealanders’ interests by applying a new national interest test to the sales of our most sensitive and high risk assets to overseas buyers.

The Treasury’s 2019 Half Year Economic and Fiscal Update (HYEFU) will be released on Wednesday December 11, Finance Minister Grant Robertson says.

New Zealand’s economy continues to top the world for ease of doing business.

Finance Minister Grant Robertson departs tomorrow for events and meetings in Japan and Vietnam. 

Kiwis are benefiting from higher wage growth and low inflation under the Coalition Government.

  • Hon Dr David Clark

New Zealand’s economic strength and resilience has been recognised in a major update on the state of the global economy.

Finance Minister Grant Robertson has announced New Zealand will join the Coalition of Finance Ministers for Climate Action while attending APEC meetings in Chile.

Finance Minister Grant Robertson leaves this weekend to attend the APEC Finance Ministers meeting in Santiago, Chile.

A strong surplus and low debt show the economy is performing well, and means the Government is in a good position to meet the challenges of global economic uncertainty.

New applications from mining company OceanaGold to purchase land in Waihi for new tailings ponds associated with its gold mines have been approved.

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.

New Zealand’s strong growth potential and resilience has been backed by another international report on our economy.

The Coalition Government is backing Kiwi companies to innovate and grow by making it easier to invest in new assets and business models, and giving start-ups a better shot at success.

The Coalition Government’s Economic Plan is transitioning the economy to be more productive, sustainable and inclusive to tackle New Zealand’s long-term challenges.