Latest fromFiscal Policy

We don’t always know what government spending achieves - Auditor-General speaks out
Finance Minister open to addressing the issue with a law change.

China set to post sluggish growth as doldrums deepen
Sluggish local demand and gathering storm clouds over the country’s trade outlook.

'Let’s not panic, but let’s actually sort it out' - Treasury boss on NZ’s deteriorating finances
Iain Rennie on taking the helm at the Treasury amid stormy clouds.

Government debt’s whopper increase sparks warning from S&P Global Ratings
Demand for bonds may well stay strong, but there's a catch.

Liam Dann: RBNZ's grim warning as productivity woes come to a head
OPINION: New Zealand faces a future of slow and low GDP growth on its current path.

Japan government to unveil $238 billion stimulus
Once a tech leader, Japan has missed out on some important recent developments.

Government policies dragging out recession, economists say
Slashing budget deficit, reducing public debt making things worse, group says.

Matthew Hooton: Willis ready to take on banks to boost productivity
OPINION: Economic and fiscal forecasts demand more aggressive reform.

Public service shrinks by 2162 people in six months - Govt wants more cuts
Willis says departments should plan to receive no new funding for cost pressures.

Argentina’s Javier Milei secures backing to defeat pension increase
Financial Times: Libertarian leader says ‘degenerates’ would ruin his fiscal balance.

Big tick for economy as Fitch affirms NZ's AA+ credit rating
Rating agency notes delayed surplus and rising debt but backs fiscal plan.

Govt can't kick the Covid hangover, with debt up 130%
High interest costs and unwinding the money printing programme weigh on the Govt's books.

NZ Treasury boss to become Australia’s Auditor-General
Finance Minister looking for a "change agent" to replace Caralee McLiesh.

Finance Minister unreceptive to calls for new finance monitoring unit
New Zealand warned it's not immune from the risk that Budgets start lacking credibility.

US Supreme Court sidesteps wealth tax question in closely watched case
Financial Times: Campaigners against a wealth tax 'got half a loaf'.

Tax minimisation strategy sees billions shifted ahead of trustee tax hike
Trust-owned companies appear to have flushed out excess retained earnings to save on tax.

Budget 2024: All you need to know about the tax changes - Robyn Walker
OPINION: Has the Government delivered a block of cheese budget?

Jenée Tibshraeny: What to look out for in today's Budget
How Finance Minister Nicola Willis will try to recalibrate the Government's books.

OECD warns NZ Govt it shouldn’t borrow to pay for tax cuts
Organisation calls for a capital gains tax, better education and more competition.

Jenée Tibshraeny: Nuance needed right-sizing the public sector
What the numbers tell us about what happened to the public sector under Labour.

Nicola Willis on the state of the Government's finances
Willis has conceded she won’t be able to get the books back in shape quickly.