After posting today’s newsletter & the story on the Government’s annual accounts, I had another hunt for the revaluations – check below.
Read more →Treasury
There’s a surplus, we’re spending it; revaluations colour it, and net national debt’s up
Business polls, which I customarily ignore for their innate bias, keep telling us the Government is performing poorly. When Finance Minister Grant Robertson reported a $7.5 billion surplus in the Crown accounts for the June year yesterday, there was an immediate clamour to spend it.
Read more →LVR policy reviewed, recommendations awaited
The Reserve Bank released a review of its loan:value ratio (LVR) policy for residential lending yesterday, but hasn’t made a recommendation on ending or changing the policy.
Read more →Clearing out the verbiage: What have LVRs achieved?
I found much of the review commentary from the Reserve Bank & Treasury either wishy-washy or sliding off topic, when I wanted to pinpoint a purpose, a direction, clear options and a reason for choosing one path over another.
Read more →Government surplus jumps to $1.8 billion
The Crown accounts for the year to June show a surplus of $1.8 billion in 2015-16.
Read more →Treasury & minister slate living wage proposal: All the arguments are transparently flawed
Treasury produced analysis today to show the proposal for a living wage, put at $18.40/hour, would be “an ineffective way to help families with low incomes”.
Read more →EQC levy to treble, English still positive about deficit
Published 12 October 2011 Finance Minister Bill English made 2 related announcements yesterday – one to treble Earthquake Commission levies, the other to still talk positively about removing the Government’s operating deficit despite an $18.4 billion net deficit for the June 2011 year. Mr English said the increase in Earthquake Commission levies was to realistically […]
Read more →New model released to evaluate housing market policy interventions
Published 4 January 2010 Treasury released a working paper on Christmas Eve which can be used to evaluate the impacts of a range of policy interventions in the housing market. One thing the authors – Andrew Coleman of Motu Economic & Public Policy Research and Grant Scobie of Treasury – worked out was that […]
Read more →Treasury publishes 4 working papers on debt, saving, housing market, Crown risk management
Published 4 January 2010 Treasury published 4 working papers on its website on Christmas Eve: TWP09-03 Household Debt in New Zealand, an assessment of the extent & composition of household debt in New ZealandTWP09-04 Saving Rates of New Zealanders: A Net Wealth Approach, a comparison of several different ways that are used to measure […]
Read more →Treasury paper indicates at-risk couples up by a third in 4 years
Published 4 January 2010 Projections in a Treasury paper on household debt indicate a rise in at-risk couples from 6000 to 8000 over the 4 years to 2008. Treasury researchers Katy Henderson & Grant Scobie produced one of 4 papers which the Treasury released on Christmas Eve. It was written in response to recognition […]
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