Fiscal policy
Govt to write "viable" small businesses loans of up to $100k depending on how many employees they have
1st May 20, 12:36pm
151
Govt to write "viable" small businesses loans of up to $100k depending on how many employees they have
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
National's Paul Goldsmith resolute NZ needs to come out of lockdown faster; Calls for targeted wage subsidy extension or cash payments to businesses; Says financial support for households will be justified after lockdown
25th Apr 20, 9:31am
185
National's Paul Goldsmith resolute NZ needs to come out of lockdown faster; Calls for targeted wage subsidy extension or cash payments to businesses; Says financial support for households will be justified after lockdown
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
Adrian Orr sees the economy making a 'sluggish' rather than a 'V-shaped' recovery; Says retail banks should lend 'courageously' but 'we need to keep open-minded to other forms of credit'
16th Apr 20, 7:40pm
55
Adrian Orr sees the economy making a 'sluggish' rather than a 'V-shaped' recovery; Says retail banks should lend 'courageously' but 'we need to keep open-minded to other forms of credit'
Grant Robertson says we 'must not allow inequality to take hold in our recovery' as he outlines his vision for a 'reset' economy; Meanwhile the PM announces pay cuts for government ministers and public sector CEOs
15th Apr 20, 1:56pm
173
Grant Robertson says we 'must not allow inequality to take hold in our recovery' as he outlines his vision for a 'reset' economy; Meanwhile the PM announces pay cuts for government ministers and public sector CEOs
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"
Brian Fallow looks at the dire economic prognosis thanks to COVID-19, and probes the key issues and options for policy makers as they look ahead to a time when the virus is under control
8th Apr 20, 3:26pm
67
Brian Fallow looks at the dire economic prognosis thanks to COVID-19, and probes the key issues and options for policy makers as they look ahead to a time when the virus is under control
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
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
Grant Robertson: Coronavirus emphasising need for diversification beyond China; targeted wage subsidies and tax relief for businesses on the way
12th Mar 20, 12:03pm
71
Grant Robertson: Coronavirus emphasising need for diversification beyond China; targeted wage subsidies and tax relief for businesses on the way
The Beehive is better placed than the RBNZ to help those affected by coronavirus, says Assistant RBNZ Governor, whose main focus is ensuring banks remain strong
11th Mar 20, 7:48pm
23
The Beehive is better placed than the RBNZ to help those affected by coronavirus, says Assistant RBNZ Governor, whose main focus is ensuring banks remain strong
RBNZ Governor Adrian Orr puts onus on the Government to be at the frontline in the fight against coronavirus, saying monetary policy will play a "support role"
10th Mar 20, 6:04pm
35
RBNZ Governor Adrian Orr puts onus on the Government to be at the frontline in the fight against coronavirus, saying monetary policy will play a "support role"
Government develops wage subsidy scheme, extends travel ban, unveils new powers to quarantine ships and planes, and rules out cancelling minimum wage hikes
9th Mar 20, 6:22pm
46
Government develops wage subsidy scheme, extends travel ban, unveils new powers to quarantine ships and planes, and rules out cancelling minimum wage hikes
BNZ economists expect the economy to contract in the first two quarters of the year; ANZ economists call for a minimum wage freeze and for the Government to increase its debt limit by $60 billion
9th Mar 20, 3:09pm
73
BNZ economists expect the economy to contract in the first two quarters of the year; ANZ economists call for a minimum wage freeze and for the Government to increase its debt limit by $60 billion
Finance Minister Grant Robertson expects coronavirus to hit NZ harder than previously thought, but still prefers 'sector-specific, region-specific' government interventions to tax cuts and helicopter money
3rd Mar 20, 10:01pm
21
Finance Minister Grant Robertson expects coronavirus to hit NZ harder than previously thought, but still prefers 'sector-specific, region-specific' government interventions to tax cuts and helicopter money
ANZ economists see the RBNZ swooping in to stimulate the economy by cutting interest rates this month and then again in May, as the risk of a recession looms; Other bank economists call for calm and more targeted govt spending
2nd Mar 20, 10:32am
62
ANZ economists see the RBNZ swooping in to stimulate the economy by cutting interest rates this month and then again in May, as the risk of a recession looms; Other bank economists call for calm and more targeted govt spending
Jenée Tibshraeny's reading of the RBNZ's Monetary Policy Statement: 'Yeah there's coronavirus, but that whopper August interest rate cut is still working its magic so there's no need to panic - yet'
12th Feb 20, 7:54pm
30
Jenée Tibshraeny's reading of the RBNZ's Monetary Policy Statement: 'Yeah there's coronavirus, but that whopper August interest rate cut is still working its magic so there's no need to panic - yet'
Budget 2020 to be delivered on May 14; Government's priorities to include just transition to low-emissions economy, future of work, Maori and Pacific, child wellbeing and physical and mental wellbeing
12th Feb 20, 10:23am
5
Budget 2020 to be delivered on May 14; Government's priorities to include just transition to low-emissions economy, future of work, Maori and Pacific, child wellbeing and physical and mental wellbeing