Budget 2020
Comprehensive and well-informed coverage of Finance Minister Grant Robertson's covid-19 Budget, delivered Thursday, May 14.
Economy
Treasury’s about-face on house price inflation
Not even covid-19 and the biggest hit to the economy on record are enough to cause a fall in house prices.
Finance
Govt's new small business loan scheme lends nearly $1b
The government's small business loan scheme that bypasses banks in favour of the Inland Revenue Department processing applications is proving far more successful than the earlier business finance guarantee scheme. Revenue and Small Business Minister Stuart Nash said the IRD ha...
Aaa credit ratings vindicates budget – Robertson
Finance Minister Grant Robertson said an unchanged Moody’s Aaa stable credit rating reinforces the affordability of his $50 billion budget. In its latest note to investors today, Moody’s said it expected New Zealand’s fiscal position to remain stronger than most of its Aaa-rat...
Finance
A competitor's view of $280m govt investment in NZ Post
If you run a business that competes head on with a government-owned business, you're unlikely to be happy that the government hands your competitor $280 million to prop it up.That's the situation Freightways has found itself in. Last week's budget allocated New Zealan...
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