Articles tagged with Labour Government
Treasury Report: Pitfalls of Excessive Government Spending Exposed
4 days ago | 173 viewsFinance Minister Nicola Willis highlights Treasury's report on the dangers of excessive government spending, emphasizing the challenges of using large spending measures in response to one-off shocks like the Covid-19 pandemic. The report criticizes the fiscal response to Covid, pointing out significant errors made and urging policymakers to avoid repeating those mistakes. It emphasizes the importance of restoring fiscal guardrails promptly after increased spending during crises, praising the current Government's commitment to responsible fiscal and economic management.
Tags: Treasury report government spending Finance Minister Nicola Willis fiscal policy economic shocks Labour government fiscal responseNew Zealand Farmers' Confidence Soars: Leading the Charge to Double Export Value
2 weeks ago | 399 viewsFarmer confidence in New Zealand has reached an eight-year high, indicating the resilience of the sector and progress towards doubling export value. The shift in sentiment is evident from the latest Federated Farmers Confidence Survey, showing a significant increase in confidence levels. This positive trend is attributed to the hard work of rural New Zealanders and government support, with key improvements in profitability, productivity, and mental health reported.
Tags: Farmer confidence Minister of Agriculture Todd McClay New Zealand export value Federated Farmers Confidence Survey rural New Zealanders Labour government profitability mental healthGovernment Revokes Vaping Battery Rule Amid Court Challenge
2 weeks ago | 366 viewsThe Government is revoking 2023 regulations mandating removable batteries in vaping devices to address a court challenge by Mason Corporation Limited. Cabinet decided this action would resolve the case, allowing withdrawal of proceedings related to regulations introduced by the previous Labour government. The change will be implemented on September 1, eliminating the requirement for removable batteries in vaping devices, with no anticipated adverse effects on smoking or vaping rates due to prior legislation banning disposable vapes popular among youth.
Tags: Government regulations vaping devices removeable batteries court challenge Mason Corporation Limited Associate Health Minister Casey Costello Labour government gazetted disposable vapes