Spending under control, revenue below forecast

21 February 2014 0 Comments
Government spending remains under control and revenue remains somewhat below forecast in the six months to 31 December – possibly due to timing issues, Finance Minister Bill English says. Read full article

Finance Minister to deliver Budget on 15 May

29 January 2014 0 Comments

Finance Minister Bill English will deliver Budget 2014 on Thursday, 15 May, he announced today.



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Economic momentum building as plan on track

17 December 2013 0 Comments
The Government’s programme to build a faster-growing economy with more jobs and rising incomes is delivering positive results, Finance Minister Bill English says.

The Half-Year Economic and Fiscal Update, issued today, forecasts a relatively strong upturn, with economic growth reaching 3.6 per cent in 2015 and the unemployment rate falling. Read full article

Accounts on track in four months to October

06 December 2013 0 Comments

A combination of slightly higher than expected revenue and lower than forecast spending left the Government’s operating deficit before gains and losses almost $400 million smaller than expected at $1.75 billion in the four months to 31 October.


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More progressive tax system since 2010 changes

22 October 2013 0 Comments

Lower income households are paying a smaller proportion of net income tax than they did in 2008, indicating that the tax system has become more progressive since the Government’s tax changes in 2010, Finance Minister Bill English says.

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Progress on multi-billion dollar infrastructure plan

17 October 2013 0 Comments

The National State of Infrastructure Report published today shows the benefits of the Government’s commitment to major infrastructure projects New Zealand needs to build a competitive and productive economy, Finance Minister Bill English says.


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Report shows Govt investing right across the regions

08 October 2013 0 Comments
The first ever snapshot of central government spending by region shows that taxpayers’ dollars are being evenly distributed across New Zealand.

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Crown accounts show surplus within reach

07 October 2013 0 Comments

Higher tax revenue and lower than forecast core Crown expenses helped to more than halve the Government’s operating deficit before gains and losses to $4.4 billion in the year to 30 June 2013, compared with a $9.2 billion deficit the previous year.

The result was considerably better than the $7.9 billion deficit forecast by Treasury at the start of the financial year in Budget 2012, and confirms the Government’s prudent approach to fiscal management is paying dividends, Finance Minister Bill English says.

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School resources to continue after wind down

03 September 2013 0 Comments
The production of high-quality educational resources, including the renowned School Journal, will continue after the Government’s decision to wind down the operations of government-owned Learning Media, Finance Minister Bill English and Education Minister Hekia Parata say.
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Budget 2013 Announcements

17 May 2013 0 Comments

A comprehensive list of all Budget 2013 announcements.

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