Dan Brunskill
Political and Economics Reporter at Interest.co.nz
Economic policy reporter for @interestnz (tweets aren’t journalism) [email protected]
Articles
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6 days ago |
interest.co.nz | Dan Brunskill |Gareth Vaughan |David Hargreaves
The Treasury has released financial statements showing the first nine-month snapshot of Crown finances fully under the Coalition Government’s control. Christopher Luxon and his coalition partners took office in November 2023 but did not deliver a full Budget until May 2024, taking effect a couple of months later in July. New Zealand has yet to experience a full year of the new Government’s fiscal management.
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1 week ago |
interest.co.nz | Dan Brunskill |Gareth Vaughan |David Hargreaves
Prime Minister Christopher Luxon says the Government will spend $400 million more than planned on capital projects in Budget 2025, despite cutting operating spending by $1.1 billion. In a speech to BusinessNZ on Thursday, he said the budget would focus on reducing the operating deficit while also making capital investments and regulatory reforms to support economic growth.
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1 week ago |
interest.co.nz | Dan Brunskill |Gareth Vaughan |David Hargreaves
The Reserve Bank wants to complete its review of bank capital requirements before the end of the year but does not think it will necessarily recommend any changes. Governor Christian Hawkesby said the central bank would go into the review “very open minded” and it would draw on evidence from the Commerce Commission's market study and the Finance and Expenditure Committee’s subsequent inquiry.
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1 week ago |
finance.einnews.com | Dan Brunskill |Gareth Vaughan |David Hargreaves
Economy / news Tit-for-tat tariffs between China and the US could cause a slowdown in the New Zealand economy and put pressure on indebted households and businesses 7th May 25, 9:55am by Dan Brunskill Christian Hawkesby The United States’ trade war has increased the risk of a financial crisis in New Zealand, according to the Reserve Bank’s latest Financial Stability Report. Governor Christian Hawkesby said risks to the system had increased over the past six months but financial institutions...
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1 week ago |
interest.co.nz | Dan Brunskill |Gareth Vaughan |David Hargreaves
The United States’ trade war has increased the risk of a financial crisis in New Zealand, according to the Reserve Bank’s latest Financial Stability Report. Governor Christian Hawkesby said risks to the system had increased over the past six months but financial institutions were still in a strong position to support the economy.
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wish NZ shared a land border with a 1.4 billion person economy
China and Mongolia kicked off the construction of their second cross-border railway on Wednesday, slated to be completed in 2027. The new railway, spanning 9.91 km with an annual transportation capacity of 30 million tonnes, is expected to facilitate trade between the two https://t.co/q9nlsji8oG
can @chrisluxonmp please ban all social media? https://t.co/dSh7c2DK8K
the tricky part is working out if you’d still be better off after a decade of slower economic growth due to the increases in other taxes that’s not in these tables
Green proposed income taxes: Up to $120,000 = $1,050 less Around $125,000 = no change By $150,000 = ~$750 more By $200,000 = ~$3,750 more
