Search results
Results from the WOW.Com Content Network
The official cash rate (OCR) is the term used in Australia and New Zealand for the bank rate and is the rate of interest which the central bank charges on overnight loans between commercial banks. This allows the Reserve Bank of Australia and the Reserve Bank of New Zealand to adjust the interest rates that apply in each country's economy. The ...
Get breaking news and the latest headlines on business, entertainment, politics, world news, tech, sports, videos and much more from AOL
NZ On Air (NZOA; Māori: Irirangi te Motu), formally the Broadcasting Commission, is an autonomous Crown entity and commission of the New Zealand Government responsible for providing funding for broadcasting and creative works. [2]
The 2023 New Zealand mini-budget generated NZ$7.5 billion worth of savings by stopping 15 programmes including 20 hours of free childcare for two-year-olds (worth NZ$1.2 billion), eliminating depreciation for commercial buildings (NZ$2.3 billion) and disestablishing the Climate Emergency Response Fund (NZ$2 billion). [2]
$5.55m over four years less spent on New Zealand Film Commission, New Zealand Symphony Orchestra, and Ngā Taonga Sound & Vision. [6] $5.72m over four years from scrapping the Consumer Advocacy Council, and $38.27m over four years from scaling down other energy programmes like the Community Renewable Energy Fund. [6]
The New Zealand Government reimburses 95 Lake Alice Hospital survivors, who had part of their compensation payments deducted by legal fees in 2001. [359] 31 October — New Zealand signs a free trade agreement with the six-member Gulf Cooperation Council (GCC). As part of the agreement, 99% of New Zealand exports to the GCC would become duty ...
Budget 2023, titled "Support for today, Building for tomorrow", is the New Zealand budget for fiscal year 2023/24 presented to the House of Representatives by Finance Minister, Grant Robertson, on 18 May 2023 as the fifth budget presented by the Sixth Labour Government.
Between 1985 and 1992, New Zealand's economy grew by 4.7% during the same period in which the average OECD nation grew by 28.2%. [51] [failed verification] From 1984 to 1993 inflation averaged 9% per year and New Zealand's credit rating dropped twice. [52] Between 1986 and 1992, the unemployment rate rose from 3.6% to 11%. [53]