business
Key says after reports from TVNZ, RNZ and Hager on Panama Papers that Hager a 'left wing conspiracy theorist'; says NZ just a 'footnote' in latest revelations; says Govt may reform foreign trust if Shewan recommends
9th May 16, 10:42am
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Key says after reports from TVNZ, RNZ and Hager on Panama Papers that Hager a 'left wing conspiracy theorist'; says NZ just a 'footnote' in latest revelations; says Govt may reform foreign trust if Shewan recommends
Labour's Healthy Homes Guarantee Bill passes first reading with Dunne's support; would force landlords to improve insulation and pay for heat pumps; Landlords and Govt opposed, saying it would increase rents
5th May 16, 2:47pm
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Labour's Healthy Homes Guarantee Bill passes first reading with Dunne's support; would force landlords to improve insulation and pay for heat pumps; Landlords and Govt opposed, saying it would increase rents
Statistics NZ reports 1.2% jobs growth in March quarter; private sector LCI wage growth 1.8% for year; both jobs and wages growth above most forecasts; Jobless rate up to 5.7% as participation rate rises
4th May 16, 10:53am
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Statistics NZ reports 1.2% jobs growth in March quarter; private sector LCI wage growth 1.8% for year; both jobs and wages growth above most forecasts; Jobless rate up to 5.7% as participation rate rises
Key says Ken Whitney's email to Todd McClay saying Key thought there was no plans to change foreign trust regime was "sloppily written"; Key repeats knew nothing of review plan; says often approached by public in person; cites Koru lounge as example
3rd May 16, 1:40pm
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Key says Ken Whitney's email to Todd McClay saying Key thought there was no plans to change foreign trust regime was "sloppily written"; Key repeats knew nothing of review plan; says often approached by public in person; cites Koru lounge as example
Amount borrowed for mortgages grows at fastest annual rate for over seven-and-a-half-years; more mortgages on floating and short fixed terms
2nd May 16, 7:32pm
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Amount borrowed for mortgages grows at fastest annual rate for over seven-and-a-half-years; more mortgages on floating and short fixed terms
RBNZ holds OCR at 2.25%; says further easing may be required; notes revival of house price inflation in Auckland; wants lower currency; but NZ$ jumps almost 1 USc to 69.2 USc after decision
28th Apr 16, 9:20am
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RBNZ holds OCR at 2.25%; says further easing may be required; notes revival of house price inflation in Auckland; wants lower currency; but NZ$ jumps almost 1 USc to 69.2 USc after decision
Here is today's statement from the Reserve Bank
Key denies land tax for foreigners would break 'no new taxes' promise; says supply still best way to deal with Auckland housing issue; says first home buyers should buy apartments first; Seymour attacks 'third new tax'
27th Apr 16, 10:36am
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Key denies land tax for foreigners would break 'no new taxes' promise; says supply still best way to deal with Auckland housing issue; says first home buyers should buy apartments first; Seymour attacks 'third new tax'
Key repeats idea floated in July last year that a land tax on non-residents would not conflict with FTAs; says no decision made; says land tax common overseas; Twyford says Key tinkering and outright ban better
26th Apr 16, 9:57am
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Key repeats idea floated in July last year that a land tax on non-residents would not conflict with FTAs; says no decision made; says land tax common overseas; Twyford says Key tinkering and outright ban better
Finance Minister publicly issues letter of expectations to RBNZ board; plays down suggestions of concern at the central bank's performance
22nd Apr 16, 1:44pm
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Finance Minister publicly issues letter of expectations to RBNZ board; plays down suggestions of concern at the central bank's performance
Documents show English pushed RBNZ board last year to toughen scrutiny of Graeme Wheeler's performance; focus on inflation and financial stability performance relative to PTA; letter sent and extra meetings called for
21st Apr 16, 9:40am
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Documents show English pushed RBNZ board last year to toughen scrutiny of Graeme Wheeler's performance; focus on inflation and financial stability performance relative to PTA; letter sent and extra meetings called for
Statistics NZ reports CPI rose 0.2% in March qtr; up 0.4% from yr ago; broadly in line with forecasts; Petrol fell 7.7%; Cigarettes up 9.4%; Auckland rents up 3.2% vs yr ago
18th Apr 16, 10:49am
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Statistics NZ reports CPI rose 0.2% in March qtr; up 0.4% from yr ago; broadly in line with forecasts; Petrol fell 7.7%; Cigarettes up 9.4%; Auckland rents up 3.2% vs yr ago
Key, English reject calls for new demand side measures to cool Auckland housing after shock surge in March; Govt continuing on with current supply-side strategy
13th Apr 16, 12:18pm
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Key, English reject calls for new demand side measures to cool Auckland housing after shock surge in March; Govt continuing on with current supply-side strategy
After a week of pressure over Panama Papers, Key says an independent expert will review NZ's overseas trust disclosure rules; Labour wants full inquiry; Peters wants full Commission; ICIJ sees more NZ names to come
11th Apr 16, 9:32am
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After a week of pressure over Panama Papers, Key says an independent expert will review NZ's overseas trust disclosure rules; Labour wants full inquiry; Peters wants full Commission; ICIJ sees more NZ names to come
Treasury reports NZ$398 mln surplus in eight months to Feb; NZ$730 mln better than expected and NZ$667 mln better than last year; GST, corporate tax and PAYE higher than forecast; spending in line with forecasts
8th Apr 16, 10:28am
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Treasury reports NZ$398 mln surplus in eight months to Feb; NZ$730 mln better than expected and NZ$667 mln better than last year; GST, corporate tax and PAYE higher than forecast; spending in line with forecasts
Revenue Minister and Finance Minister blame Labour, Green and NZ First attacks for any reputational damage over 'Panama Papers' publicity around overseas trusts and say overseas critics 'just plain wrong'
7th Apr 16, 4:58pm
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Revenue Minister and Finance Minister blame Labour, Green and NZ First attacks for any reputational damage over 'Panama Papers' publicity around overseas trusts and say overseas critics 'just plain wrong'
Deputy Governor explains how net migration has helped boost labour supply and contain wage pressures; says it's one factor allowing 'accommodative' interest rate settings; notes more young workers arriving in this migration cycle
7th Apr 16, 12:23pm
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Deputy Governor explains how net migration has helped boost labour supply and contain wage pressures; says it's one factor allowing 'accommodative' interest rate settings; notes more young workers arriving in this migration cycle
English says Government to put capital facility directly behind Kiwibank to replace NZ Post guarantee; sees NZ Post keeping its 55% stake
6th Apr 16, 4:55pm
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English says Government to put capital facility directly behind Kiwibank to replace NZ Post guarantee; sees NZ Post keeping its 55% stake
Revenue Minister says OECD reviewing rules around overseas trusts and IRD contributing to review if new framework for disclosure; NZ brought forward information exchange by a year
5th Apr 16, 12:56pm
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Revenue Minister says OECD reviewing rules around overseas trusts and IRD contributing to review if new framework for disclosure; NZ brought forward information exchange by a year
Greens, Labour call on Government to tighten loopholes that allowed Panama's Mossack Fonseca to set up overseas trusts in NZ to hide assets owned by controversial Mexican, Maltese figures
4th Apr 16, 1:21pm
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Greens, Labour call on Government to tighten loopholes that allowed Panama's Mossack Fonseca to set up overseas trusts in NZ to hide assets owned by controversial Mexican, Maltese figures
Parliamentary Commissioner for the Environment says banking industry and insurers very focused on rising sea levels; warns coastal owners may face negative equity; calls on Govt to investigate fiscal, economic risks
31st Mar 16, 4:14pm
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Parliamentary Commissioner for the Environment says banking industry and insurers very focused on rising sea levels; warns coastal owners may face negative equity; calls on Govt to investigate fiscal, economic risks
Borrowing for houses increasing at fastest rate since 2008; business borrowing pauses; agricultural debt growth slows
31st Mar 16, 3:49pm
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Borrowing for houses increasing at fastest rate since 2008; business borrowing pauses; agricultural debt growth slows
Treasury, MBIE warn Government that big influx of students and holiday-makers on work visas in low productivity jobs is reducing skill levels of migration programme; warns some employers taking easy, cheap option of migrants vs locals
29th Mar 16, 6:57pm
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Treasury, MBIE warn Government that big influx of students and holiday-makers on work visas in low productivity jobs is reducing skill levels of migration programme; warns some employers taking easy, cheap option of migrants vs locals
Gareth Morgan explains why Rodney Hide's arguments against corporate tax are dubious and naive; income tax base would collapse; GST rate would have to rise; Hide playing into hands of tax-free capital gains farms
29th Mar 16, 12:41pm
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Gareth Morgan explains why Rodney Hide's arguments against corporate tax are dubious and naive; income tax base would collapse; GST rate would have to rise; Hide playing into hands of tax-free capital gains farms
Labour looking at whether NZ should trial a Universal Basic Income as part of Future of Work Commission
25th Mar 16, 3:51pm
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Labour looking at whether NZ should trial a Universal Basic Income as part of Future of Work Commission