Policy

Explore the latest government news by BusinessDesk. 
Budget 2019: Govt optimistic it will meet initial child poverty targets
Economy

Budget 2019: Govt optimistic it will meet initial child poverty targets

By Pattrick Smellie May 30 (BusinessDesk) - The embryonic nature of the government’s approach to policy-making focused on ‘well-being’ is writ large by the fact that the 2019 Budget contains just two new metrics for measuring success. However, the direction of future activi...

Pattrick Smellie 30 May 2019
Robertson blasts Treasury over hasty police action on Budget leak
Finance

Robertson blasts Treasury over hasty police action on Budget leak

By Pattrick Smellie May 30 (BusinessDesk) - Outgoing Treasury secretary Gabriel Makhlouf appears to be on thin ice with his boss, Finance Minister Grant Robertson. The finance minister says he is "very disappointed" both by the department's poor cyber-security and its hasty...

Pattrick Smellie 29 May 2019
TSB raises minimum capital levels in lead-up to RBNZ's tighter rules
Finance

TSB raises minimum capital levels in lead-up to RBNZ's tighter rules

By Paul McBeth May 30 (BusinessDesk) -  TSB Bank has raised its internal target for how much capital it will hold on its books, brought on in part by the Reserve Bank's proposals for a higher minimum requirement.  The bank's total capital ratio was 14.57 percent as at March...

Paul McBeth 29 May 2019
Bridges says Budget leak response 'the most contemptible moment in NZ politics’
Finance

Bridges says Budget leak response 'the most contemptible moment in NZ politics’

By Pattrick Smellie May 30 (BusinessDesk) - National Party leader Simon Bridges accused Treasury secretary Gabriel Makhlouf of “calling the police on the Opposition” over the website security flaw that allowed the National Party to gain access to Budget secrets. The Treasur...

Pattrick Smellie 29 May 2019