The New Zealand economy is showing definite signs of recovery, though warnings have been given not to over-estimate its pace. According to statements made by John Key, New Zealand Prime Minister, and reports by the New Zealand Reserve Bank, the economy will continue to recover over the second half of 2009. The Prime Minister said [...]

The New Zealand economy is showing definite signs of recovery, though warnings have been given not to over-estimate its pace. According to statements made by John Key, New Zealand Prime Minister, and reports by the New Zealand Reserve Bank, the economy will continue to recover over the second half of 2009. The Prime Minister said that the New Zealand GDP in the fourth quarter will be “quite good” and that the third quarter figure “won't be bad either”. The recovering economic figures ... Read More

New Zealand Prime Minister John Key has stated that the decision regarding the possible downgrade of New Zealand’s credit rating could come as early as the 28th of May, Budget release day. While no official indication has been given by credit rating agency Standard & Poor’s as to the timing or result of their credit [...]

New Zealand Prime Minister John Key has stated that the decision regarding the possible downgrade of New Zealand’s credit rating could come as early as the 28th of May, Budget release day. While no official indication has been given by credit rating agency Standard & Poor’s as to the timing or result of their credit rating decision, Prime Minister John Key has made optimistic statements both to the possible outcome and the time until its announcements. Three Standard & Poor’s executives were in a ... Read More

New Zealand Prime Minister John Key has hinted that business will soon receive some tax cuts in an attempt to boost the current economic climate. John Key made an announcement that he will be giving a speech on the 4th of February revealing new tax based initiatives by the Government that are aimed directly at [...]

New Zealand Prime Minister John Key has hinted that business will soon receive some tax cuts in an attempt to boost the current economic climate. John Key made an announcement that he will be giving a speech on the 4th of February revealing new tax based initiatives by the Government that are aimed directly at assisting business owners. The new changes are said to focus on tax, cash flows and regulations. Some speculation has placed possible new introductions as a reduced fee for ... Read More