Latest FromNZ Treasury
![<i>Brian Fallow</i>: Tinkering won't fix creaking tax system](/pf/resources/images/placeholders/placeholder_l.png?d=793)
<i>Brian Fallow</i>: Tinkering won't fix creaking tax system
The tax system has deteriorated beyond the point where tinkering and tweaking are enough, was the message this week.
![<i>Fran O'Sullivan</i>: Key's faux pas looking like Freudian slip](/pf/resources/images/placeholders/placeholder_l.png?d=793)
<i>Fran O'Sullivan</i>: Key's faux pas looking like Freudian slip
No one is underestimating the political difficulties in making substantial change, writes Fran O'Sullivan.
![Tax reform needed to jump-start economy](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Tax reform needed to jump-start economy
Tax reform and a much tougher approach to Govt spending will be necessary if NZ is to narrow the income gap with Australia, Treasury says.
![Treasury calls for cuts as Labour speaks out on monetary policy](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Treasury calls for cuts as Labour speaks out on monetary policy
Treasury released a paper yesterday arguing that cuts to Government spending would take pressure off interest rates and the dollar.
![Retail deposit scheme modified](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Retail deposit scheme modified
Treasury has tweaked the retail deposit scheme to help companies wean themselves off Crown support.
![Govt accused of $50bn ETS blunder](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Govt accused of $50bn ETS blunder
A report out today says the government's Emissions Trading Scheme (ETS) could cost twice as much as originally estimated.
![NZ takes prize for 'shameless two fingers' to world](/pf/resources/images/placeholders/placeholder_l.png?d=793)
NZ takes prize for 'shameless two fingers' to world
A prominent British science writer has slammed New Zealand's clean, green reputation, calling it a "green mirage".
![Householders face the biggest Kyoto burden](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Householders face the biggest Kyoto burden
Taxpayers will be stuck with 84 per cent of NZ's Kyoto Protocol bill, while farmers and industrial emitters get hefty subsidies, a study says.
![Super Fund 'on track' despite global crisis](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Super Fund 'on track' despite global crisis
The New Zealand Superannuation Fund is on track to meet its performance targets.
![ACC, Super Fund recoveries help NZ govt finances](/pf/resources/images/placeholders/placeholder_l.png?d=793)
ACC, Super Fund recoveries help NZ govt finances
Recoveries in the investment performance of the ACC and New Zealand Superannuation Fund portfolios have helped offset a dramatic fall in the tax take over the past three months, says Treasury.
![Big growth hopes could be dashed, says Treasury](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Big growth hopes could be dashed, says Treasury
Early signs of an economic recovery might not be as strong as many people hope, says Treasury.
![<i>Brian Gaynor</i>: KiwiSaver big and important success](/pf/resources/images/placeholders/placeholder_l.png?d=793)
<i>Brian Gaynor</i>: KiwiSaver big and important success
KiwiSaver, which now has 1,189,597 contributing members, is a huge success.
![NZ sitting on superannuation timebomb: Treasury](/pf/resources/images/placeholders/placeholder_l.png?d=793)
NZ sitting on superannuation timebomb: Treasury
Treasury warns that if serious consideration is not given to pegging the costs of superannuation, other public services will suffer.
![Tough decisions needed to avoid crisis -Treasury](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Tough decisions needed to avoid crisis -Treasury
Tough decisions about prisons, education, pensions and tax need to be made if NZ is to avoid a looming Government debt crisis, says Treasury.
![NZ faces deepening debt with little way out - Treasury](/pf/resources/images/placeholders/placeholder_l.png?d=793)
NZ faces deepening debt with little way out - Treasury
New Zealand's debt will reach 220 per cent of its wealth by 2050, if historic spending trends continue, says Treasury.
![<i>Brian Fallow</i>: Lucky country moving further out of reach](/pf/resources/images/placeholders/placeholder_l.png?d=793)
<i>Brian Fallow</i>: Lucky country moving further out of reach
How can we expect an Australian standard of living when their productivity is about 40 per cent higher than ours, asks Brian Fallow.
![Large pay rises for top public servants](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Large pay rises for top public servants
Top public servants received substantial pay rises in the past year, while there was also a big jump in civil servants earning over $100,000.