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

Want to double exports? Good luck with that
Primary Sector

Want to double exports? Good luck with that

International shipping lines say NZ needs to urgently address port productivity. 

Oliver Lewis 30 Jul 2025
Weak jobs data help clear path for August rate cut
Economy

Weak jobs data help clear path for August rate cut

Filled jobs edged higher but will likely be revised lower. 

Rebecca Howard 29 Jul 2025
OCR steals the show
Economy

Cameron Bagrie: OCR steals the show

The yield on a NZ 10-year bond is currently around 4.6%.

Cameron Bagrie 28 Jul 2025
Independent review warm on ACC investment arm but eyes risk
Economy

Independent review warm on ACC investment arm but eyes risk

A review of ACC’s investment arm issues warm findings but homes in on risk factors.

Staff reporters 25 Jul 2025