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Government spending

Grant Robertson outlines his 2021 budget priorities, noting no changes to allowances published in December, but less debt than previously forecast due to a stronger economy
9th Feb 21, 7:59am
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Grant Robertson outlines his 2021 budget priorities, noting no changes to allowances published in December, but less debt than previously forecast due to a stronger economy
Government books only $3.2 billion in the red, as New Zealanders spend more and require less support via the wage subsidy than expected
10th Nov 20, 11:22am
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Government books only $3.2 billion in the red, as New Zealanders spend more and require less support via the wage subsidy than expected
Paul Goldsmith on why using borrowed money to invest in the Super Fund is a bad idea, even if halting contributions would reduce the size of the fund by $20 billion over 10 years
9th Oct 20, 3:01pm
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Paul Goldsmith on why using borrowed money to invest in the Super Fund is a bad idea, even if halting contributions would reduce the size of the fund by $20 billion over 10 years
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
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Treasury's pre-election economic update: Rosier than expected short-term, more economic 'scarring' to set in medium-term; Housing market the bright spot
Grant Robertson puts $14b of $20b Covid-19 fund aside should this be needed in the future, but leaves himself $2.4b to allocate in the next three weeks
20th Jul 20, 4:05pm
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Grant Robertson puts $14b of $20b Covid-19 fund aside should this be needed in the future, but leaves himself $2.4b to allocate in the next three weeks
ACT Deputy Leader Brooke van Velden argues the Government is on the wrong track borrowing up a storm
20th Jul 20, 11:36am
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ACT Deputy Leader Brooke van Velden argues the Government is on the wrong track borrowing up a storm
Paul Goldsmith wants to cut 'nice-to-have spending', including NZ Super Fund contributions, saying National 'can’t and doesn’t want to outspend Labour'
16th Jul 20, 6:19pm
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Paul Goldsmith wants to cut 'nice-to-have spending', including NZ Super Fund contributions, saying National 'can’t and doesn’t want to outspend Labour'
National Party Leader Todd Muller pledges a return to surplus and major government debt pay down without raising taxes or cutting benefits
9th Jul 20, 3:44pm
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National Party Leader Todd Muller pledges a return to surplus and major government debt pay down without raising taxes or cutting benefits
Why the Government needs to start paying attention to where the money being pumped into the economy via QE is going, and who's going to pay for it
18th Jun 20, 10:51am
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Why the Government needs to start paying attention to where the money being pumped into the economy via QE is going, and who's going to pay for it
The easy part's done - the Government's kept the lights on. Now for actually pulling off the rebuild and making tough calls to reset the economy...
15th May 20, 8:05am
134
The easy part's done - the Government's kept the lights on. Now for actually pulling off the rebuild and making tough calls to reset the economy...
We wrap up some of the public comments made in reaction to the 2020 Budget
14th May 20, 3:05pm
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We wrap up some of the public comments made in reaction to the 2020 Budget
Budget 2020 sees another $16 billion allocated towards COVID relief packages, including an extended wage subsidy; Treasury forecasts a $28 billion budget deficit in 2020 and a $60 billion bond issuance programme for 2021
14th May 20, 2:03pm
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Budget 2020 sees another $16 billion allocated towards COVID relief packages, including an extended wage subsidy; Treasury forecasts a $28 billion budget deficit in 2020 and a $60 billion bond issuance programme for 2021
Next week's Budget to focus on strengthening the public sector, providing increasingly targeted support for households and businesses and rebuilding a new-look New Zealand
7th May 20, 12:19pm
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Next week's Budget to focus on strengthening the public sector, providing increasingly targeted support for households and businesses and rebuilding a new-look New Zealand
The Government is literally throwing money at the coronavirus problem at bewildering speed. If you are finding it all hard to keep track of developments, interest.co.nz is here to help
31st Mar 20, 10:58am
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The Government is literally throwing money at the coronavirus problem at bewildering speed. If you are finding it all hard to keep track of developments, interest.co.nz is here to help
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
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Grant Robertson: Coronavirus emphasising need for diversification beyond China; targeted wage subsidies and tax relief for businesses on the way
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
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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
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
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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
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
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Government gives itself more spending wriggle room sooner than expected, having met goal of reducing net debt to 20% of GDP
Crown company borrows money for infrastructure from Crown entity at rate of 5.37% for the sake of keeping debt off government books, when the Government could've issued bonds at 3%
30th Nov 19, 10:28am
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Crown company borrows money for infrastructure from Crown entity at rate of 5.37% for the sake of keeping debt off government books, when the Government could've issued bonds at 3%
'You don't have to keep shouting... I imagine it's been heard' - RBNZ Governor Adrian Orr on his calls for the Government to spend more to stimulate the economy
14th Nov 19, 7:36am
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'You don't have to keep shouting... I imagine it's been heard' - RBNZ Governor Adrian Orr on his calls for the Government to spend more to stimulate the economy
'You don't have to keep shouting... I imagine it's been heard' - RBNZ Governor Adrian Orr on his calls for the Government to spend more to stimulate the economy
14th Nov 19, 7:36am
'You don't have to keep shouting... I imagine it's been heard' - RBNZ Governor Adrian Orr on his calls for the Government to spend more to stimulate the economy
Capacity constraints in the New Zealand economy would hinder any future fiscal stimulus plans according to S&P Global Ratings
12th Sep 19, 3:27pm
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Capacity constraints in the New Zealand economy would hinder any future fiscal stimulus plans according to S&P Global Ratings
National's Paul Goldsmith doesn't believe 'there's a strong call' for Crown debt to be below the 20% of GDP mark it's currently at, despite National previously campaigning on reducing debt to 10%-15% of GDP by 2025
27th Aug 19, 3:29pm
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National's Paul Goldsmith doesn't believe 'there's a strong call' for Crown debt to be below the 20% of GDP mark it's currently at, despite National previously campaigning on reducing debt to 10%-15% of GDP by 2025
High Court appeals line up against Auckland's potential East-West Link motorway even though the government hasn't publicly confirmed how, when or if it will be built
27th Jul 19, 9:45am
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High Court appeals line up against Auckland's potential East-West Link motorway even though the government hasn't publicly confirmed how, when or if it will be built