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Economy

MORE EVIDENCE OF CABINET'S RELUCTANCE TO CURB AUCKLAND PROPERTY INVESTMENT

More evidence has been released showing how the Government earlier this year considered drastic solutions to try and solve the Auckland housing price boom. Treasury...

ROBERTSON WILLING TO FORGIVE ENGLISH'S FAILURE TO MAKE A SURPLUS

Labour’s Finance Spokesman Grant Robertson is willing to call a truce in his battle with Bill English over the Government’s failure to deliver a...

RESERVE BANK SAYS ECONOMY TO BOUNCE BACK IN ELECTION YEAR

The Reserve Bank has predictably dropped the Official Cash Rate by another 25 basis points to 2.75 per cent. And it says further interest rate...

RADICAL OVERHAUL OF HOUSE BUILDING INDUSTRY

  Housing Minister Nick Smith is putting together a radical overhaul of the house construction industry in New Zealand. And he is hoping international companies who...

THE BANKS AND TREASURY WARN THAT THE ECONOMY IS RAPIDLY SLOWING: KEY REMAINS UNCONVINCED

The Prime Minister appeared sanguine yesterday as a sheaf of reports pointed to a rapidly slowing economy. The most worrying came from Treasury which has...

TODAY'S STATE HOUSING SALE COULD BRING IN OVER $450 MILLION

What is potentially the biggest privatisation of state assets so far begins today with the start of the sale of Housing New Zealand houses...

MORE EVIDENCE ON HOW CABINET WATERED DOWN PROPERTY TAX PROPOSALS

The Government confirmation on Monday that it was going ahead with the brightline test to cfrack down on property speculation has also been watered...

RESERVE BANK CALL TO SPEED UP HOUSING CONSTRUCTION IGNORES POLITICAL REALITY

Reserve Bank calls yesterday for the Government to speed up Resource Management Act reform ignore a simple reality. The Government does not yet have the...

BILL ENGLISH HAS RADICAL NEW IDEAS ON HOW TO PAY THE $11 BILLION A...

The Government yesterday unveiled a plan to spend $11 billion a year on infrastructure for the next ten years. It has been designed to cope...

GOVERNMENT FINDS A WAY TO GET TOUGH WITH COUNCILS OVER PLANNING

The Government has found a way of over-riding local authority planning regulations. It is planning on forcing local bodies to take commercial viability into account...

MORE PRESSURE ON DAIRYING – TPP STALLING

TPP negotiators may be running out of time. There have been reports over the weekend from Washington and Tokyo that a hoped-for Ministerial round of...

THE TPP HEAT GOES ON IN HAWAII WHILE THE PM MUDDIES THE WATERS IN...

Prime Minister John Key’s claim that the Korea Free Trade Agreement could prohibit bans on overseas house buyers is being questioned by one trade...

LABOUR LEAVES THE GREENS AND NZ FIRST BEHIND ON THE TPP

The Labour Caucus has set five conditions under which it could support the Trans pacific Partnership. It appears that the Caucus has listened to the...

STUFF UPS IN GOVERNMENT’S PLAN TO MEASURE THE EXTENT OF OVERSEAS PROPERTY OWNERSHIP.

The loopholes in the Government’s rushed attempt to measure foreign ownership of housing showed up again yesterday. Discussing what is increasingly looking like ill thought...

COUNCILS WANT NEW TAXING POWERS

The country’s Councils are proposing a whole new set of ways of raising money for infrastructure. And at the same time the Local Government Minister...