Fiscal policy
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
National to support NZ First MP's member's bill that seeks to increase the NZ Super residency requirement from 10 to 20 years
1st Feb 20, 10:04am
44
National to support NZ First MP's member's bill that seeks to increase the NZ Super residency requirement from 10 to 20 years
Reserve Bank Assistant Governor Christian Hawkesby says there remain 'a number of short-to-medium-term risks' on both the upside and downside for the NZ economy
29th Jan 20, 11:28am
9
Reserve Bank Assistant Governor Christian Hawkesby says there remain 'a number of short-to-medium-term risks' on both the upside and downside for the NZ economy
Penlink, the Tauranga Northern Link, Otaki to Levin, Mill Road and the Skypath among transport projects to get government funding
29th Jan 20, 11:04am
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Penlink, the Tauranga Northern Link, Otaki to Levin, Mill Road and the Skypath among transport projects to get government funding
Government gives Kāinga Ora - Homes and Communities the green light to more than double its debt to $7 billion; Housing NZ to issue $2.5 billion of bonds this year
17th Jan 20, 12:09pm
45
Government gives Kāinga Ora - Homes and Communities the green light to more than double its debt to $7 billion; Housing NZ to issue $2.5 billion of bonds this year
Economists forecast that GDP figures out this week will show growth in the September quarter came in above Reserve Bank expectations
16th Dec 19, 1:02pm
1
Economists forecast that GDP figures out this week will show growth in the September quarter came in above Reserve Bank expectations
S&P comfortable with Govt upping debt as economic growth eases; Economists see less need for OCR cuts; Construction sector wants detail on infrastructure spend so it can gear up; National unhappy with deficit forecast for 2020
11th Dec 19, 5:09pm
33
S&P comfortable with Govt upping debt as economic growth eases; Economists see less need for OCR cuts; Construction sector wants detail on infrastructure spend so it can gear up; National unhappy with deficit forecast for 2020
Grant Robertson announces extra $6.8 billion to be allocated towards transport infrastructure; New capital spending won't get out the door until 2021; Treasury forecasts lower tax revenue and weaker economic growth
11th Dec 19, 1:00pm
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Grant Robertson announces extra $6.8 billion to be allocated towards transport infrastructure; New capital spending won't get out the door until 2021; Treasury forecasts lower tax revenue and weaker economic growth
Green Party officially withdraws support for set point debt targets, saying they've 'limited the Government's scope for change'; Party's new policy says 'current approach to fiscal management embeds neoliberalism'
10th Dec 19, 1:51pm
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Green Party officially withdraws support for set point debt targets, saying they've 'limited the Government's scope for change'; Party's new policy says 'current approach to fiscal management embeds neoliberalism'
Government gives itself more spending wriggle room sooner than expected, having met goal of reducing net debt to 20% of GDP
3rd Dec 19, 7:01pm
31
Government gives itself more spending wriggle room sooner than expected, having met goal of reducing net debt to 20% of GDP