Economy

CAMERON BAGRIE: Govt accounts will up ante on tax debate

Cameron Bagrie
Mon, 14 Sep 2020

The pre-election economic and fiscal update (prefu) will be notable for both what it says about the current position, but also what it and documents such as Treasury’s statement on the long-term fiscal position - released post-election - allude to down the track.They will show just what a hard slog getting the fiscal accounts back in order will be. This will mean more pressure and debate over the need to raise taxes.First the good news.Fiscal policy is the right tool, and borrowing big to support the economy in the near-term has been the...

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Markets

MARKET CLOSE: Kiwi falls on economic concern

Dan Brunskill | Thu, 24 Sep 2020

The kiwi dollar sank to its lowest level since late August as the safe-haven US currency continued to attract buying amid a sustained equity sell-off due to fears of recession.

Policy

ELECTION 2020: Scared or excited about a Labour-Green govt?

Paul McBeth | Thu, 24 Sep 2020

Finance professionals have grown comfortable with Grant Robertson over the past three years. Will a new governing arrangement change that?

Law & Regulation

The FMA is running out of patience

Dan Brunskill | Thu, 24 Sep 2020

Financial services firms that keep failing compliance tests can expect to end up in court, says the FMA boss, Rob Everett.

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