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4 May 22
New fiscal rules will underpin New Zealand’s “measured and balanced” return to government surpluses while allowing the south Pacific country to meet its massive infrastructure gap, according to its...
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21 Apr 22
New Zealand’s strong resilience through Covid-19 means the nation is poised for continued growth in the coming years, according to ratings agency Moody’s.
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15 Dec 21
New Zealand's government is forecasting a budget surplus in 2024, three years earlier than previous projections, as the nation continues to recover from Covid-19.
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24 Nov 21
The Reserve Bank of New Zealand has raised interest rates for the second time in two months to help manage soaring inflation and house prices.
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12 Oct 21
The New Zealand government was able to post a much smaller deficit in its 2021 budget, due to a stronger than predicted economic rebound from Covid-19.
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6 Oct 21
The Reserve Bank of New Zealand has raised its interest rate to help reduce soaring property prices.
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23 Aug 21
The first Covid-19 outbreak in months and rising case numbers are not enough to warrant changing the course of monetary policy, senior figures in New Zealand’s central bank have said.
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15 Jul 21
The Reserve Bank of New Zealand has said it will halt its bond-buying programme as the economic recovery from Covid-19, becoming one of the first advanced economy central banks to do so.
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8 Jul 21
New Zealand’s Treasury has warned the government that the country faces debt rising to unsustainable levels over the next few decades as its ageing population drives up spending.
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6 May 21
New Zealand has been urged to scale up its interventions in the labour market to ensure its recovery does not leave sections of society behind.
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25 Feb 21
House prices will now be taken into account when the Reserve Bank of New Zealand makes monetary and fiscal policy decisions, after the government adjusted its remit.
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12 May 20
New Zealand is to plough a record NZ$4bn ($2.4bn) of additional funding into health services over the next four years, as the government looks to balance a ‘legacy of neglect’.
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24 Jan 20
New Zealand instituted a number of reforms in the 1980s and early 1990s that were radical by any international standards. Today they would be described as transformative. While they have by no means...
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10 Dec 19
New Zealand prime minister Jacinda Ardern has said questions must be asked after a devastating volcanic eruption on White Island left at least six people dead.
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5 Dec 19
Infrastructure investment in New Zealand is being brought forward to “take advantage” of good public finances and make up for the previous government’s “neglect”, the finance minister has said.
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8 Oct 19
The New Zealand government has been accused of failing to fix its rental market to focus on its now-abandoned mass housebuilding project.
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8 Jul 19
New Zealand’s bold shift to accruals accounting was just the start of what has been a groundbreaking transformation. Victor Smart reports.
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10 Jun 19
Action as well as ambition is necessary for New Zealand to achieve the goals of its wellbeing budget, says professor of Public Financial Management at Victoria University of Wellington Ian Ball.
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30 May 19
New Zealand hails a “landmark moment” as it unveils its budget focused on citizen wellbeing over economic growth.
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17 May 19
New Zealand will place child poverty, domestic violence, and addressing mental health problems at the heart of its pioneering “wellbeing budget”.
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26 Mar 19
New Zealand is launching a royal commission to investigate the 15 March attack on two mosques in Christchurch in which 50 people were killed.
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19 Feb 19
New Zealand plans to update its laws to tax revenues earned by huge digital firms, in line with international efforts to make multinational tech companies pay fair taxes.
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20 Nov 18
New Zealand’s wellbeing budget has the potential to bring greater coherence and formality to the reporting of outcomes, says emeritus chair of CIPFA International Ian Ball.
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14 Sep 18
New Zealand’s government is seeking public opinions on its proposal to embed a focus on wellbeing in its law governing how the country’s finances are managed.
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29 May 18
New Zealand will transform the way its public sector works together when it brings in the world’s first ‘wellbeing budget’, a Treasury official has told PF International.