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

What Willis was told ahead of Orr’s shock resignation
Economy

What Willis was told ahead of Orr’s shock resignation

Documents released under the OIA shed some light on what happened.

Westpac Bank’s Eckhold says April cut likely wrong move
Economy

Westpac Bank’s Eckhold says April cut likely wrong move

Economists are widely expecting a 25 bps rate cut next week. 

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.