21 Aug 2025
1 year ago
1586 views
The Government, led by Associate Justice and Courts Minister Nicole McKee, plans to expand the jurisdiction of Community Magistrates in the District Court to enhance efficiency and reduce delays. This expansion will enable Community Magistrates to handle guilty pleas for most offenses, manage a broader range of cases, and issue community-based sentences. The initiative aims to streamline court processes, alleviate pressure on judges, and provide faster justice outcomes for victims, with budget support for additional Community Magistrates and training oversight.
20 Aug 2025
1 year ago
1462 views
Finance Minister Nicola Willis highlights the benefits of falling interest rates, including support for growth, businesses, job creation, and mortgage holders. The Reserve Bank has reduced the Official Cash Rate (OCR) from 3.25 to 3 percent, with further decreases expected. Lower interest rates stimulate economic activity, reduce mortgage repayments, and are seen as a positive response to economic challenges, signaling improving conditions and effective economic management by the government.
06 Aug 2025
1 year ago
1647 views
Finance Minister Nicola Willis has acknowledged the latest labour market data, revealing a lower-than-expected unemployment rate of 5.2% for the June quarter, below the Treasury's forecast of 5.4%. Despite challenges like inflation and rising interest rates, the government's efforts have led to 8,000 fewer unemployed individuals than initially projected, with a focus on economic recovery and job creation through initiatives like government-funded construction projects and investment incentives. Additionally, there has been a notable increase in average hourly earnings by 4.5% in the past year, surpassing the inflation rate of 2.7%.
31 Jul 2025
1 year ago
2974 views
Local Government Minister Simon Watts emphasizes the importance of councils' spending transparency and its impact on ratepayers. The government aims to empower ratepayers by providing clear data on council performance and spending, allowing for better engagement and accountability. Additionally, there is a focus on councils delivering essential services efficiently and supporting communities through a potential rates capping system to ensure responsible spending.
21 Jul 2025
1 year ago
2005 views
New data released by Stats NZ today shows inflation at 2.7 per cent for the 12 months to the June 2025 quarter, remaining within the Reserve Bank's target range, according to Finance Minister Nicola Willis. This marks the fourth consecutive quarter of inflation being within the target range, contrasting with previous higher rates under the previous government. Local authority rates and payments were noted as the largest contributor to annual inflation, prompting the government to call for better management to keep rates under control and ensure economic growth for job creation and public services funding.
15 Jul 2025
1 year ago
1802 views
The Local Government (System Improvements) Amendment Bill aims to refocus councils on core services like roading, infrastructure, water, and waste, addressing public frustration over rising rates and declining services. Minister Simon Watts emphasizes the need for discipline, transparency, and performance improvement to benefit ratepayers. The Bill includes reforms such as prioritizing core services in managing finances, introducing new financial performance measures, and enhancing transparency and accountability, with the goal of delivering better value for money and avoiding new taxes for local authorities.
09 Jul 2025
1 year ago
2313 views
The Government’s responsible fiscal management has supported the Reserve Bank to keep the Official Cash Rate low, Finance Minister Nicola Willis says. The Reserve Bank of New Zealand today announced it would keep the Official Cash Rate (OCR) at 3. 25 per cent while continuing to foreshadow further reductions in the OCR.