Articles tagged with Policy
Finance Minister Hails OCR Cut, Easing Pressure on Kiwi Households and Businesses
1 week ago | 76 viewsFinance Minister Nicola Willis highlights the positive impact of the 50 basis point Official Cash Rate reduction on Kiwi households and businesses, easing financial pressure. The reduction in OCR will lead to lower interest rates for mortgage-holders and businesses, stimulating growth and investment. The Government's focus on responsible economic management, along with lower interest rates, aims to support recovery and drive policies for job and income growth to benefit all New Zealanders.
Tags: Official Cash Rate Kiwi households Finance Minister Nicola Willis monetary policy interest rates growth jobs investment inflationNew Zealand's Initiatives to Reduce Youth Benefit Dependency
1 week ago | 148 viewsMinister Louise Upston announces two key initiatives aimed at reducing benefit dependency and encouraging young New Zealanders to stay in work. The first initiative involves removing Jobseeker payments for 18- and 19-year-olds if their parents can financially support them. The second initiative offers a $1,000 bonus payment to young people who participate in the Community Job Coaching service, secure employment, and remain off benefits for 12 months.
Tags: Louise Upston New Zealanders Jobseeker payments Ministry of Social Development Community Job Coaching service Parental Assistance Test welfare benefit dependency National’s Welfare that Works policy young peopleFinance Minister Appoints Hayley Gourley to Reserve Bank's Monetary Policy Committee
3 weeks ago | 167 viewsFinance Minister Nicola Willis appointed Hayley Gourley to the Reserve Bank’s Monetary Policy Committee (MPC), responsible for setting the Official Cash Rate (OCR) in New Zealand. Gourley's diverse experience in corporate, rural, and financial sectors will enhance the Committee's discussions, following the recommendation of the Reserve Bank's Board. She will succeed Professor Bob Buckle on 1 October 2025, who will retire at the end of September after making significant contributions to the MPC.
Tags: Finance Minister Nicola Willis Hayley Gourley Reserve Bank Monetary Policy Committee Official Cash Rate OCR New Zealand agribusinesses Professor Bob BuckleIntroducing The Centre for Family Violence Prevention | Minister Confirms New Name
1 month ago | 248 viewsThe Minister for the Prevention of Family and Sexual Violence announced that the multi-agency organization will now be known as 'The Centre for Family Violence and Sexual Violence Prevention'. The Centre aligns government strategies and policies to improve the family violence and sexual violence system through the National Strategy and its Action Plan. It supports government agencies in delivering community-led solutions to prevent and respond to violence, with a focus on evidence-based responses.
Tags: Minister Karen Chhour Prevention Family Violence Sexual Violence Centre Government Strategy PolicyLocal Water Done Well: Government Legislation Benefits Communities Nationwide
1 month ago | 233 viewsThe Government's Local Water Done Well legislation aims to provide safe, reliable, and financially sustainable water services to local communities across the country. The legislation focuses on ensuring financial sustainability, oversight, and accountability in water service delivery, with the Commerce Commission overseeing economic regulation to ensure fair pricing and quality infrastructure. Councils are encouraged to submit water services delivery plans that meet the requirements and provide flexibility to make arrangements best-suited for their communities, ultimately benefiting Kiwis with improved water services.
Tags: Local Government Minister Simon Watts Commerce and Consumer Affairs Minister Scott Simpson Kiwis Watercare charter Three Waters policy Local Government (Water Services) Act Local Government (Water Services) (Repeals and Amendments) Act Commerce Commission councils water services delivery planTreasury Report: Pitfalls of Excessive Government Spending Exposed
2 months ago | 416 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 responseHealth New Zealand's Strategic Plan for Improved Health Outcomes 2024-2027
2 months ago | 1061 viewsHealth New Zealand presented the New Zealand Health Plan to Parliament, as required by the Pae Ora (Healthy Futures) Act 2022. The plan outlines how Health New Zealand will address the Government's health priorities from 2024 to 2027, focusing on improving health outcomes and access to care. It includes targets for faster cancer treatment, improved mental health services, reducing wait times, and enhancing the health workforce, with a clear emphasis on accountability and transparency for tracking progress.
Tags: Health New Zealand New Zealand Health Plan Parliament Pae Ora (Healthy Futures) Act 2022 Simeon Brown Government Policy Statement on Health 2024–2027 health targets mental health and addiction targets Elective Boost programme primary care.Saying yes to housing growth
3 months ago | 728 viewsNew Zealanders have an opportunity to help shape the new planning system replacing the Resource Management Act (RMA) through public consultation on removing unnecessary barriers to housing growth, says Housing and RMA Reform Minister Chris Bishop. “New Zealand’s house prices are among the most expensive in the developed world – a direct result of our current planning system making it too hard for our cities to grow up and out. “Fixing our housing crisis involves fixing the fundamentals of our housing market - freeing up land for development and removing unnecessary planning barriers, improving infrastructure funding and financing to support urban growth, and providing incentives for communities and councils to support growth.
Tags: Auckland Chris bishop Christchurch Housing National New zealand Policy statement on urban development Resource management act Standards