Budget 2020 will be a 'recovery budget'

Budget 2020 will be a 'recovery budget'
Rebecca Howard
This year’s budget will be a “recovery budget,” Finance Minister Grant Robertson told BusinessNZ.“It will include funding for the cost pressures that are a necessary part of keeping our country ticking over. But we will devote much of our resources to kickstarting this recovery,” he said.Robertson said the past month has been the “most extraordinary” of his life and, “not least because having spent the last two and a half years as finance minister operating a tight fiscal ship, I have approved expenditure of more than $20 billion in three weeks...

More Economy

Less than 10% of Provincial Growth Fund loans repaid
Primary Sector

Less than 10% of Provincial Growth Fund loans repaid

Of nearly $366m paid out in loans, just over $34m has been repaid.

Michael Neilson 04 Nov 2025
Stress test shows banks resilient to IT failure, global shocks
Economy

Stress test shows banks resilient to IT failure, global shocks

Results showed strong capital but warned long recoveries after severe shocks.

Rebecca Howard 03 Nov 2025
Unemployment expected to edge up to 5.3%
Economy

Unemployment expected to edge up to 5.3%

The data is due on Wednesday at 10.45am.

Graham Skellern 03 Nov 2025