Articles by Jenee Tibshraeny
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Business
Reserve Bank tells Commerce Commission to stay in its lane, refuses to bend regulations to improve bank competition
Tuesday, 23 April 2024, 3:13PMThe Reserve Bank (RBNZ) is very publicly telling the Commerce Commission to stay in its lane when it comes to the way banks...
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National
Government to remove hurdles to getting a loan with another CCCFA change
Sunday, 21 April 2024, 3:14PMThe Government isn’t wasting time forging ahead with its promise to reduce the number of hurdles someone needs to clear to...
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Audio
Finance Minister says budget is 'shaping up'
Thursday, 28 March 2024, 7:34AMSpeaking to Newstalk ZB’s Mike Hosking this morning, Finance Minister Nicola Willis said she wants to stick to her $3.5 billion...
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Politics
Question Time after Willis concedes Govt books won't be back in shape quickly
Wednesday, 27 March 2024, 1:11PMFinance Minister Nicola Willis has conceded she won’t be able to get the Government’s finances back in shape as quickly as...
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Business
'Two-tier oligopoly': ComCom delivers verdict on bank competition
Thursday, 21 March 2024, 10:55AMA “stable two-tier oligopoly” with Kiwibank stuck in the middle - this is how the Commerce Commission is characterising the...
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Business
Govt warned against borrowing to fund tax cuts by IMF- says it could fuel inflation
Wednesday, 20 March 2024, 2:23PMThe International Monetary Fund (IMF) is urging the Government to ensure it can pay for its tax cuts without borrowing more. The...
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Business
IRD scathing of commercial and industrial property tax hike
Monday, 18 March 2024, 8:36PMInland Revenue has published a scathing review of the Government’s proposal to make commercial and industrial property owners...
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Business
Slow growth won't stop income tax cuts, says Nicola Willis
Friday, 15 March 2024, 1:40PMFinance Minister Nicola Willis has firmed up her Government’s commitment to delivering income tax cuts, despite the underperforming...
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Business
Govt details proposal to reduce de facto capital gains tax
Thursday, 14 March 2024, 8:47PMThe Government has confirmed its plans to water down the country’s de facto capital gains tax, known as the bright-line test. It’s...
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Politics
Deal broken: Property investors to get slightly less tax relief than promised
Sunday, 10 March 2024, 1:10PMThe Government has decided not to give residential property investors as much tax relief as National promised Act in the...
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Business
'We are not there yet': Reserve Bank still targeting 2 per cent inflation rate
Friday, 16 February 2024, 11:31AMReserve Bank (RBNZ) Governor Adrian has tempered the hopes of those who believe he’ll stomach a bit of inflation to avoid...
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Politics
Nicola Willis to deliver Budget 2024 on May 30
Monday, 12 February 2024, 4:39PMNicola Willis will deliver her first full Budget as Finance Minister on May 30. She announced the date during an appearance...
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National
Minimum wage to rise by 2 per cent- the slowest rate in a decade
Thursday, 1 February 2024, 2:45PMThe Government has announced the minimum wage will increase by 45 cents an hour, to $23.15, from April 1. This marks a 2...
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Business
'We still have a way to go' - RBNZ says the inflation fight isn't over
Tuesday, 30 January 2024, 11:55AMThe Reserve Bank (RBNZ) is continuing to push back against financial markets, which are betting on the central bank cutting...
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Business
Inflation falls to 4.7 per cent in December quarter
Wednesday, 24 January 2024, 10:57AMAnnual inflation fell in line with economists’ expectations to 4.7 per cent in the final three months of 2023. This was a...
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Business
RBNZ confirms new mortgage restrictions to be introduced - what will they look like?
Tuesday, 23 January 2024, 12:12PMThe Reserve Bank (RBNZ) is proposing to impose a new type of mortgage lending restriction on banks from the middle of the...
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Business
Living beyond our means - current account deficit still worryingly wide
Wednesday, 13 December 2023, 12:09PMNew Zealand’s current account deficit remains stubbornly wide, suggesting Kiwis continue to live beyond their means. The...
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Business
Treasury backs RBNZ focus on inflation
Tuesday, 12 December 2023, 2:38PMThe Treasury believes making the Reserve Bank (RBNZ) prioritise price stability could help its inflation fight. Requiring...
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Business
BNZ profits from rising mortgage rates
Thursday, 9 November 2023, 1:09PMBNZ’s profits are continuing to rise, despite the economy slowing. The bank’s net profit after tax rose by 6.7 per cent...
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Business
RBNZ: Kiwi mortgage holders particularly exposed to high interest rates
Monday, 30 October 2023, 3:21PMThe Reserve Bank of New Zealand (RBNZ) says the country’s financial system “appears robust and in a good position to face...
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Business
ANZ lifts mortgage rates again
Tuesday, 24 October 2023, 10:18PMThe country’s largest bank, ANZ, is lifting its mortgage and deposit rates again by as much as 30 basis points. On Wednesday,...
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Politics
Audited version of Crown accounts sees size of deficit shrink a little
Thursday, 5 October 2023, 2:58PMThe audited version of the Government’s financial statements for the year to June align closely with the unaudited version,...
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Business
Budget deficit $2b deeper than expected as corporate tax take falls
Wednesday, 5 July 2023, 1:01PMBusinesses paid 10.7 per cent less tax than expected in the 11 months to May as the economy cooled, according to the Government’s...
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Politics
Government announces major market study into banking
Tuesday, 20 June 2023, 12:37PMNew Zealand’s banking sector is next in line for a Commerce Commission market study. The Government has directed the agency...