An old job for the ‘new’ Treasury?

Pattrick Smellie
Sat, 14 May 2022

An old job for the ‘new’ Treasury?
The ghosts of Treasury secretaries past will be watching as Grant Robertson delivers next Thursday's budget. (Image: NZME)
Pattrick Smellie
Sat, 14 May 2022
For the last decade – really since the global financial crisis – New Zealand has ridden a wave of global economic growth.That growth was fuelled primarily by the most extended period of the lowest interest rates in history and when it looked as if covid-19 could plunge the world into recession, governments everywhere discovered they could make money out of thin air.In those wild days just before the level 4 lockdown in March 2020, I well remember bumping into a senior Treasury official in a sandwich shop on Lambton Quay.With the sli...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

My Net Worth FREE
My Net Worth: Zac Stephenson, managing director, MediaCom
Daniel Dunkley | Sun, 03 Jul 2022

MediaCom managing director Zac Stephenson says he's proud of surviving in the media industry, which can be stressful and intense. 

Finance FREE
Money Answers: what's the best share investing strategy in a recession?
Frances Cook | Sat, 02 Jul 2022

Spreading your money through good quality companies, then leaving it alone for a few years is the boring but most likely way to build wealth for most of us. 

On the Money
On The Money: Air NZ's feeding frenzy, Kerry Prendergast's movie date, and more
Pattrick Smellie | Sat, 02 Jul 2022

In this week's OTM: Greg Foran's preference for pies, Kerry Prendergast's future at the film commission, a blast from the past from Enable Networks, and more...

Digital innovation could shape the future of NZ

The digital age allows us to collaborate on some of our greatest scientific and environmental challenges

Investments to sustain the momentum of building in NZ

Classic Capital has opened its Land & Build fund to qualified wholesale and eligible investors.