Caralee McLiesh
New Zealand used its fiscal firepower while the economy was booming and will now cut spending in the middle of a recession, accentuating the downturn
4th Mar 24, 7:31am
73
New Zealand used its fiscal firepower while the economy was booming and will now cut spending in the middle of a recession, accentuating the downturn
Rising interest rates could see government suffer a $5 billion loss from the Reserve Bank's QE programme
22nd Mar 22, 4:53pm
69
Rising interest rates could see government suffer a $5 billion loss from the Reserve Bank's QE programme
Why the tax cuts National is proposing to ease the pain inflicted by inflation is likely to worsen the problem - for now at least
8th Mar 22, 5:56pm
81
Why the tax cuts National is proposing to ease the pain inflicted by inflation is likely to worsen the problem - for now at least
Budget 2022 to be a whopper, with Grant Robertson saying he'll allocate a record sum to support the Government's health reforms
15th Dec 21, 1:02pm
63
Budget 2022 to be a whopper, with Grant Robertson saying he'll allocate a record sum to support the Government's health reforms
Treasury & RBNZ say the government will eventually have to consider raising taxes or cutting expenditure to prepare for the next crisis
17th Oct 21, 8:43am
81
Treasury & RBNZ say the government will eventually have to consider raising taxes or cutting expenditure to prepare for the next crisis
Accounts show NZ economy performed well before the Delta outbreak, thanks in part to seismic amounts of fiscal and monetary stimulus
12th Oct 21, 1:01pm
35
Accounts show NZ economy performed well before the Delta outbreak, thanks in part to seismic amounts of fiscal and monetary stimulus
The Treasury warns the Government needs to start looking at the tax, health and superannuation systems, as an ageing population is set to send the country's debt too far north
5th Jul 21, 7:08pm
89
The Treasury warns the Government needs to start looking at the tax, health and superannuation systems, as an ageing population is set to send the country's debt too far north
Finance Minister wants more research done on the winners & losers of low interest rates, but can't say whether having this info last year would've seen him implement different policies
29th Jun 21, 5:53pm
86
Finance Minister wants more research done on the winners & losers of low interest rates, but can't say whether having this info last year would've seen him implement different policies
Secretary to The Treasury Caralee McLiesh sees room for government spending to do more to support the economy in this structurally low interest rate environment
23rd Jun 21, 6:37pm
50
Secretary to The Treasury Caralee McLiesh sees room for government spending to do more to support the economy in this structurally low interest rate environment
Interest deductibility centre court, as the back and forth between the Government and Reserve Bank over mortgage lending restrictions plays out in the background
17th Jun 21, 3:45pm
40
Interest deductibility centre court, as the back and forth between the Government and Reserve Bank over mortgage lending restrictions plays out in the background
Secretary to The Treasury Caralee McLiesh says current debt levels are manageable and the Government has options when it comes to deciding who should bear the burden of repaying the debt
22nd Mar 21, 12:34pm
18
Secretary to The Treasury Caralee McLiesh says current debt levels are manageable and the Government has options when it comes to deciding who should bear the burden of repaying the debt
Treasury says the Government's targeted fiscal response to COVID-19 complemented the RBNZ's monetary response; Says the impact of low interest rates on inequality is unknown
21st Mar 21, 6:31am
214
Treasury says the Government's targeted fiscal response to COVID-19 complemented the RBNZ's monetary response; Says the impact of low interest rates on inequality is unknown
Treasury says it's too early to tell if the RBNZ's moves to lower interest rates have increased wealth inequality, as Robertson defends his decision not to take more drastic action on housing last year
11th Feb 21, 4:38pm
88
Treasury says it's too early to tell if the RBNZ's moves to lower interest rates have increased wealth inequality, as Robertson defends his decision not to take more drastic action on housing last year
Treasury's economic outlook improves markedly from a few months ago; Expects it'll issue $20 billion less debt over four years
16th Dec 20, 1:01pm
46
Treasury's economic outlook improves markedly from a few months ago; Expects it'll issue $20 billion less debt over four years
Treasury to Robertson: Spend more temporarily to boost the economy, make 'crucial' policy changes to improve living standards, consider tax hikes in the future
15th Dec 20, 11:53am
114
Treasury to Robertson: Spend more temporarily to boost the economy, make 'crucial' policy changes to improve living standards, consider tax hikes in the future
Treasury's pre-election economic update: Rosier than expected short-term, more economic 'scarring' to set in medium-term; Housing market the bright spot
16th Sep 20, 1:00pm
128
Treasury's pre-election economic update: Rosier than expected short-term, more economic 'scarring' to set in medium-term; Housing market the bright spot
Robertson challenges claims he'll go on a pre-election spending spree, saying helicopter money isn't imminent and he wants to maintain a cash buffer
30th Jun 20, 4:59pm
29
Robertson challenges claims he'll go on a pre-election spending spree, saying helicopter money isn't imminent and he wants to maintain a cash buffer
The Government hasn't asked Treasury to model tax hikes, but has asked it to consider further ways of stimulating the economy, including helicopter money
20th May 20, 3:49pm
54
The Government hasn't asked Treasury to model tax hikes, but has asked it to consider further ways of stimulating the economy, including helicopter money
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"
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
State Services Commission names Caralee McLiesh, currently Managing Director at Technical and Further Education New South Wales, as New Zealand's new Treasury Secretary
25th Jun 19, 11:47am
2
State Services Commission names Caralee McLiesh, currently Managing Director at Technical and Further Education New South Wales, as New Zealand's new Treasury Secretary