Latest fromFiscal Policy
Greece agrees to savage cuts
Greece and the wider eurozone scrambled back from the brink of disaster again on Friday as the outline of an IMF/eurozone rescue package emerged.
Extra $1.8b for education and health in Budget
Bill English says $1.8bn of "low quality" spending will be redirected education, health and law and order in next month's Budget.
Spending cuts, tax cuts on way
The Govt is adding another $1.8bn in spending cuts to the $2bn already announced over the next four years, Bill English has announced.
Govt still pondering company tax cuts
Finance Minister Bill English says aligning the top personal, trust and company tax rates is still on the table.
Bollard turns focus on to tax reform
Reserve Bank Governor Alan Bollard has singled out tax reform as an important tool in tackling our economic challenges.
Economy still in fragile shape - Treasury
Many risks still threaten the sustainability of economic growth, Treasury said today.
English shies away from radical tax reform
Finance Minister Bill English told a taxation review workshop that any major tax changes would need widespread public support to succeed.
Treasury outlines options for economy
Treasury has painted a bleak picture of an under-performing New Zealand economy and outlined some tough choices for the Government.
$250 million: What our Govt borrows a week
The Government needs to borrow $250 million a week after the havoc wreaked by the recession on its books.
Financial recovery will take 20 years, says English
The Government faces an increased deficit due to extra spending and the effects of the recession, says Bill English.