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

Willis can do more to fix banking competition
Finance

Andrew Body: Willis can do more to fix banking competition

A competitive banking system needs more than lower capital adequacy ratios.

Credit card issuers fear ComCom proposals
Finance

Credit card issuers fear ComCom proposals

The proposed regulations will stifle banking competition, says Mastercard.

Mineral sands miner appoints new chair for expansion era
Primary Sector

Mineral sands miner appoints new chair for expansion era

Debbie Birch joins the group as it seeks consent for a major new mine near Hokitika.

Oliver Lewis 01 Apr 2025
Signs of optimism as number of NZers behind on payments falls
Economy

Signs of optimism as number of NZers behind on payments falls

New credit data from Centrix shows green shoots of optimism as mortgage and consumer arrears fell in February.The number of New Zealanders behind on their payments fell by 11,000 in February compared with January.While there are still 480,000 consumers in arrears, levels are 1% l...

Staff reporters 01 Apr 2025