Phil Heatley's resignation statement delivered to reporters this morning.

John Key has accepted Phil Heatley's resignation over an expenses claim but says he has no reason to believe the MP was dishonest.

Housing Minister Phil Heatley says he is embarrassed and upset about slip-ups involving taxpayer-funded credit card spending

Finance Minister Bill English says decisions will be made mid-year on whether to use public-private partnerships to build new schools and a new prison.

The vice-president of the Property Investors Federation is relieved that most housing tax options were ruled out in Prime Minister John Key's speech yesterday, but he is wary of what is to come.

Wait patiently for three months for the real oil in the Budget before passing judgment on the Government.

Big personal tax cuts for middle and high-income earners are likely to be announced in the May Budget and take effect from October this year.

New laws to make sole parents look for work after their youngest children turn 6 will be phased in over several years, the Govt says.

The Govt's plan to hike GST, cut income tax and change property tax rules draws a mixed response from business leaders and political opponents.

A property investors group is recommending rent hikes and a halt on maintenance as a result of proposed changes to property taxation.

Phil Goff slams the Prime Minister's policy statement, saying it "fails on every count."

John Key has sent Generations X and Y a clear message: Leave the country now.

Live updates from the Prime Minister's first Parliamentary speech of the year.