Articles tagged with Fiscal Management

Understanding Council Spending: Impact on Rates & Communities | Local Government Minister Simon Watts

6 days ago | 196 views

Local Government Minister Simon Watts emphasizes the importance of councils' spending transparency and its impact on ratepayers. The government aims to empower ratepayers by providing clear data on council performance and spending, allowing for better engagement and accountability. Additionally, there is a focus on councils delivering essential services efficiently and supporting communities through a potential rates capping system to ensure responsible spending.

Tags: Key metrics councils spending rates Local Government Minister Simon Watts ratepayers infrastructure fiscal management local government

New Zealand’s Stable Economy: Government’s Fiscal Management Keeps Official Cash Rate Low

3 weeks ago | 330 views

The Government’s responsible fiscal management has supported the Reserve Bank to keep the Official Cash Rate low, Finance Minister Nicola Willis says. The Reserve Bank of New Zealand today announced it would keep the Official Cash Rate (OCR) at 3. 25 per cent while continuing to foreshadow further reductions in the OCR.

Tags: Government fiscal management Reserve Bank Official Cash Rate Finance Minister Nicola Willis New Zealand OCR interest rates economic management