Treasury
New law enables Crown to write COVID-19-affected SMEs loans; IRD to administer the scheme; Details to be unveiled on Friday
30th Apr 20, 4:34pm
71
New law enables Crown to write COVID-19-affected SMEs loans; IRD to administer the scheme; Details to be unveiled on Friday
Experienced banker makes a case for the RBNZ following the Bank of England in directly financing the Government, as the period of peak central bank independence ends
30th Apr 20, 11:33am
40
Experienced banker makes a case for the RBNZ following the Bank of England in directly financing the Government, as the period of peak central bank independence ends
David Hargreaves says the Government's now got a very fine balancing act between supporting and stimulating the economy, including use of novel tools such as 'helicopter money'
28th Apr 20, 8:14am
97
David Hargreaves says the Government's now got a very fine balancing act between supporting and stimulating the economy, including use of novel tools such as 'helicopter money'
Jacinda Ardern keeps door open to possibility of cash payments to households post-lockdown as Kiwibank economists say they could be an economic 'fire starter'
23rd Apr 20, 4:55pm
67
Jacinda Ardern keeps door open to possibility of cash payments to households post-lockdown as Kiwibank economists say they could be an economic 'fire starter'
Kirdan Lees says the idea of lower local government rates for everyone doesn’t stack up and cutting rates would ultimately be counterproductive, leading to deferral of capital investments
22nd Apr 20, 3:01pm
56
Kirdan Lees says the idea of lower local government rates for everyone doesn’t stack up and cutting rates would ultimately be counterproductive, leading to deferral of capital investments
Brian Fallow looks at where the Government is getting the money from for its dramatic increase in spending, concluding direct monetary financing is possible down the line
22nd Apr 20, 10:17am
71
Brian Fallow looks at where the Government is getting the money from for its dramatic increase in spending, concluding direct monetary financing is possible down the line
Finance Minister warns we're in for a long haul; Says the govt is considering extending the Business Finance Guarantee Scheme and buying stakes in big business
18th Apr 20, 12:24pm
94
Finance Minister warns we're in for a long haul; Says the govt is considering extending the Business Finance Guarantee Scheme and buying stakes in big business
The Finance Minister says finalising the design of a deposit insurance scheme is a priority, but there's no plan for it to be set up before 2023
17th Apr 20, 1:04pm
86
The Finance Minister says finalising the design of a deposit insurance scheme is a priority, but there's no plan for it to be set up before 2023
Kirdan Lees says $20 billion is the starting point of additional fiscal support that will be required from the Government for New Zealand's small and medium sized businesses
16th Apr 20, 8:03am
81
Kirdan Lees says $20 billion is the starting point of additional fiscal support that will be required from the Government for New Zealand's small and medium sized businesses
New temporary loss carry-back scheme to put cash in struggling firms' pockets; Changes to tax loss continuity rules to help firms raise capital
15th Apr 20, 7:06am
7
New temporary loss carry-back scheme to put cash in struggling firms' pockets; Changes to tax loss continuity rules to help firms raise capital
Tax relief for SMEs and support for commercial property tenants expected to be unveiled this week; Grant Robertson says Level 3 will be about 'safe economic activity'
14th Apr 20, 3:54pm
84
Tax relief for SMEs and support for commercial property tenants expected to be unveiled this week; Grant Robertson says Level 3 will be about 'safe economic activity'
Westpac chief economist says new Treasury scenarios provide a strong justification for 'massively more' fiscal stimulus
14th Apr 20, 12:28pm
31
Westpac chief economist says new Treasury scenarios provide a strong justification for 'massively more' fiscal stimulus
Treasury sees unemployment returning to normal in four years and nominal GDP in two years' time - with much more government support; Finance Minister says additional support is "well advanced"
14th Apr 20, 10:31am
190
Treasury sees unemployment returning to normal in four years and nominal GDP in two years' time - with much more government support; Finance Minister says additional support is "well advanced"
Public Inquiry recommends seismic shift in risk from private insurers to EQC when it comes to insuring residential buildings against natural disasters
9th Apr 20, 10:31am
64
Public Inquiry recommends seismic shift in risk from private insurers to EQC when it comes to insuring residential buildings against natural disasters
Number of workers being supported by wage subsidies surpasses a million, as payments totaling $6.6 billion are made
7th Apr 20, 2:10pm
37
Number of workers being supported by wage subsidies surpasses a million, as payments totaling $6.6 billion are made
Government consultation paper probes the cost & size of deposit insurance fund needed in move from an 'uncertain implicit guarantee' to a 'managed explicit guarantee'
5th Apr 20, 6:02am
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Government consultation paper probes the cost & size of deposit insurance fund needed in move from an 'uncertain implicit guarantee' to a 'managed explicit guarantee'
Kiwibank CEO says banks are being 'open-minded' when it comes to assessing credit risk, but warns coming out of lock-down will be more of a 'wicked problem' than going into it was
3rd Apr 20, 12:43pm
22
Kiwibank CEO says banks are being 'open-minded' when it comes to assessing credit risk, but warns coming out of lock-down will be more of a 'wicked problem' than going into it was
Much still to be finalised in government's development of a deposit insurance scheme, with proposal of products it will cover detailed in consultation paper
3rd Apr 20, 5:00am
55
Much still to be finalised in government's development of a deposit insurance scheme, with proposal of products it will cover detailed in consultation paper
More detail unveiled on which businesses are be eligible for an 80% taxpayer-backed bank loan to get them through the COVID-19 crisis
1st Apr 20, 6:15pm
35
More detail unveiled on which businesses are be eligible for an 80% taxpayer-backed bank loan to get them through the COVID-19 crisis
Govt to announce commercial property sector support this week; Banks nearly ready to write taxpayer-backed business loans; Treasury says 'bespoke' support for big business could involve debt, equity or regulatory relief
1st Apr 20, 2:54pm
54
Govt to announce commercial property sector support this week; Banks nearly ready to write taxpayer-backed business loans; Treasury says 'bespoke' support for big business could involve debt, equity or regulatory relief
Treasury expects to issue $25 bln of Government Bonds in June year; says it will collaborate with the RBNZ to ensure the market functions efficiently & yields remain low
1st Apr 20, 9:06am
15
Treasury expects to issue $25 bln of Government Bonds in June year; says it will collaborate with the RBNZ to ensure the market functions efficiently & yields remain low
Finance Minister and RBNZ unwilling at this stage to link up directly to fund the fallout from COVID-19
31st Mar 20, 5:38pm
38
Finance Minister and RBNZ unwilling at this stage to link up directly to fund the fallout from COVID-19
NZ moving to COVID-19 Alert Level 3 immediately; will move to Alert Level 4 in 48 hours; rent hikes banned; wage subsidy scheme expanded; support for mortgage holders and business borrowers on the way
23rd Mar 20, 1:54pm
177
NZ moving to COVID-19 Alert Level 3 immediately; will move to Alert Level 4 in 48 hours; rent hikes banned; wage subsidy scheme expanded; support for mortgage holders and business borrowers on the way
Taxpayers to support Air NZ through $900 million debt arrangement; Deal enables Crown to convert debt to equity
20th Mar 20, 9:19am
77
Taxpayers to support Air NZ through $900 million debt arrangement; Deal enables Crown to convert debt to equity
ANZ New Zealand economists call for RBNZ quantitative easing 'in the ballpark of' $15 billion to $20 billion annually to soothe financial markets and ease bank funding costs
19th Mar 20, 11:05am
107
ANZ New Zealand economists call for RBNZ quantitative easing 'in the ballpark of' $15 billion to $20 billion annually to soothe financial markets and ease bank funding costs