New Zealand Treasury stories
Measured against its assets, New Zealand's debt looks far less alarming, but spending cuts could still deepen the recession and hurt recovery.
Rail freight between New Zealand's islands faces fresh strain after the Government scrapped the Interisland Project IREX, alarming exporters and ports.
Most of the Government’s 331 infrastructure actions are already underway, prompting calls for funded projects rather than more plans.
A stronger fintech climate has lifted Auckland into Asia Pacific’s top 25, with New Zealand now ranked 45th globally in a new index.
Better procurement could unlock billions of dollars in value from New Zealand’s $129 billion infrastructure pipeline, industry groups say.
Government procurement may soon favour firms able to prove their contribution to wellbeing, putting traditional industries under pressure to adapt.
The Treasury’s new pipeline forecast could help contractors invest in staff and kit by giving clearer visibility of future government work.
Delays to Penlink are prompting calls for clearer rules to speed up unsolicited infrastructure bids and attract more private investment.
Auckland’s transport funding gap is so large that a fuel tax would cover only a fraction of the needed NZD $10 billion, carriers say.
New Zealand could face higher rail costs and more breakdowns after KiwiRail was warned diesel replacements may be pricier and less reliable than electrics.
New Zealand taxpayers could face a heavier bill for roads, schools and hospitals unless migrants are charged to help fund growth.
This follows the opposition party's unexpected release of details of the Government's Budget, which were due to be made public on Thursday.