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Finance
New Zealand business confidence red-lines
July 05, 2022
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Nicola Willis
New Zealand businesses have lost confidence and fear worse to come as they struggle to find workers and juggle rising costs, National's Finance spokesperson Nicola Willis says.
Minister buries head in the sand
June 22, 2022
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Nicola Willis
Finance Minister Grant Roberson is wilfully out of touch with the magnitude of the cost of living crisis as rapidly rising interest rates start to hit hard, National’s Finance spokesperson Nicola Willis says.
Consumer confidence hits record low
June 21, 2022
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Nicola Willis
Westpac’s latest consumer confidence survey result is a massive vote of no confidence in the Government’s approach to economic management, National’s Finance spokesperson Nicola Willis says.
More economic bad news for struggling Kiwis
June 16, 2022
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Nicola Willis
Today’s release of GDP data is more bad news for New Zealanders already struggling with the cost of living crisis, National’s Finance spokesperson Nicola Willis says.
Rising food inflation worsens cost of living crisis
June 14, 2022
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Nicola Willis
Kiwi families keep going backwards with food prices continuing to rise rapidly, National’s Finance spokesperson Nicola Willis says.
Government spending making inflation worse
May 26, 2022
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Nicola Willis
The Reserve Bank Governor today confirmed that the “very high” level of Government spending is putting upward pressure on inflation, says National finance spokesperson Nicola Willis.
Inflation pressure drives up interest rates
May 25, 2022
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Nicola Willis
Today’s 50 basis point increase in the official cash rate means more pain on the horizon for anyone with a mortgage, National’s Finance Spokesperson Nicola Willis says.
Labour’s Budget blowout means risk of more debt
May 24, 2022
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Nicola Willis
This year’s Budget blowout means not enough money in the kitty for next year, making it almost certain that debt will rise and send the government books backwards even further, National’s Finance Spokesperson Nicola Willis says.
Treasury slams Labour’s band-aid economics
May 20, 2022
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Nicola Willis
Labour’s Backwards Budget does little to support struggling Kiwi households, with Treasury advising that the one-off cost of living payment is a poor mechanism for addressing a long-term problem, National’s Finance Spokesperson Nicola Willis says.
Labour’s spending is out of control
May 19, 2022
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Nicola Willis
Budget 2022 confirms Finance Minister Grant Robertson’s spending is out of control, National’s Finance Spokesperson Nicola Willis says.
Food inflation continues to swamp wages
May 12, 2022
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Nicola Willis
Kiwis families continue to go backwards with food prices growing more than twice as fast as wages, National’s Finance spokesperson Nicola Willis says.
Debt changes deserve scrutiny
May 11, 2022
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Nicola Willis
Labour’s decision to block Parliamentary scrutiny of the Government’s new approach to debt is anti-democratic, National’s Finance spokesperson Nicola Willis says.
Govt must bring back fiscal discipline
May 09, 2022
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Nicola Willis
With the highest inflation in 30 years and the worst cost of living crisis in a generation, the Government must restore fiscal discipline in the upcoming Budget, National’s Finance Spokesperson Nicola Willis says.
SPEECH: Restoring discipline to government policy
May 09, 2022
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Nicola Willis
Kia ora koutou katoa, ngā mihi nui ki a koutou. Greetings all. It’s great to be in Christchurch.
Coffers full, but still no support for squeezed middle
May 05, 2022
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Nicola Willis
Treasury data showing the Government has collected nearly $3 billion more in tax revenue than expected proves there’s room for tax relief, National’s Finance spokesperson Nicola Willis says.
Modernisation of Unit Titles Act passes third reading
May 04, 2022
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Nicola Willis
The Unit Titles (Strengthening Body Corporate Governance and Other Matters) Amendment Bill has passed its third reading, ushering in a new era of strengthened protections for current and prospective apartment owners, National MP Nicola Willis says.
Kiwis going backwards faster than ever
May 04, 2022
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Nicola Willis
Wage data released by Statistics New Zealand today shows that costs facing households continue to rise faster than wages, deepening the cost of living crisis for New Zealanders and their families, says National’s Finance Spokesperson Nicola Willis.
Grant Robertson’s credibility problem
May 03, 2022
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Nicola Willis
New Zealand will experience another year of deficits because Labour is addicted to spending and is failing to deliver the economic growth New Zealand needs, National’s Finance Spokesperson Nicola Willis says.
Kiwis can’t trust Labour on tax
May 02, 2022
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Nicola Willis
New Zealanders could face new taxes after the Prime Minister today refused to rule out a wealth tax, National’s Finance Spokesperson Nicola Willis says.
Government must heed call for support from RBNZ
April 19, 2022
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Nicola Willis
Grant Robertson should listen to the Governor of the Reserve Bank about the need to use his fiscal tools to help control inflation, says National’s finance spokesperson Nicola Willis.
OCR hike down to economic mismanagement
April 13, 2022
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Nicola Willis
The biggest Official Cash Rate hike in 22 years is more pain for Kiwi households already struggling with the cost of living crisis, says National’s Finance Spokesperson Nicola Willis.
Food prices worsen the cost of living crisis
April 13, 2022
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Nicola Willis
New figures on food prices from Statistics New Zealand confirm the cost of living crisis is only getting worse on Labour’s watch, says National’s Finance Spokesperson Nicola Willis.
Business confidence shattered under Labour
April 13, 2022
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Nicola Willis
The latest Business Monitor survey by MYOB shows businesses are becoming more and more pessimistic about New Zealand’s economy under Labour, says National’s Finance Spokesperson Nicola Willis.
Govt should put moratorium on new business costs
April 08, 2022
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Nicola Willis
Data from Retail NZ showing retailers expect prices to rise 7.5 per cent in the next three months should be a wake-up call for the Government, says National’s Finance Spokesperson Nicola Willis.
Government tax take continues to surge
April 05, 2022
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Nicola Willis
The updated Government financial statements confirm a trend of tax revenues running ahead of forecast and underscore the need for the Government to provide tax relief to New Zealanders, National’s Finance spokesperson Nicola Willis says.
Consumer confidence goes from ‘bad to worse’
April 01, 2022
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Nicola Willis
Labour is failing the squeezed middle with new ANZ data showing consumer confidence has collapsed to the lowest on record, National’s Finance spokesperson Nicola Willis says.
Surging inflation creating more risks for economy
March 25, 2022
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Nicola Willis
Grim analysis by ANZ showing surging inflation is becoming a threat to economic growth and that Kiwis have to work longer hours just to stand still is further evidence that Labour is losing control of the economy, National’s Finance spokesperson Nicola Willis says.
More pain coming for squeezed middle
March 23, 2022
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Nicola Willis
The cost of living crisis is set to get even worse, with ASB today signalling the average household could be $150 worse off a week by the end of this year, National’s Finance spokesperson Nicola Willis says.
PM out of touch on cost of living crisis
March 08, 2022
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Christopher Luxon
The Prime Minister’s refusal to acknowledge the cost of living crisis shows she is out of touch with how tough it is becoming for Kiwis to put food on the table, says Opposition Leader Christopher Luxon.
Time to end Labour’s tax grab, not spend up large
March 06, 2022
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Simon Bridges
Grant Robertson should reverse his massive tax grab and give New Zealanders a break from the cost of living crisis, National’s Finance spokesperson Simon Bridges says.
Kiwis deserve tax relief from cost of living crisis
March 06, 2022
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Christopher Luxon
The Government should give struggling Kiwis a break this Budget and deliver tax relief from the cost of living crisis, says Opposition Leader Christopher Luxon.
Finance Minister needs to do his job
February 23, 2022
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Simon Bridges
With inflation at 5.9 per cent, today’s interest rate rise of 0.25 per cent is simply the Reserve Bank doing its job, National’s Finance spokesperson Simon Bridges says.
Food prices taking a big bite out of Kiwis’ pockets
February 14, 2022
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Simon Bridges
New Zealanders continue to get poorer under the Labour Government with figures today showing the largest food price increase in five years, National’s Finance spokesperson Simon Bridges says.
Wage increase is admission to cost of living crisis
February 11, 2022
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Simon Bridges
Raising the minimum wage to $21.20 is an admission by Labour that New Zealand has a cost of living crisis, National’s Finance spokesperson Simon Bridges says.
New Zealanders getting poorer under Labour
February 02, 2022
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Simon Bridges
New Zealanders are getting poorer under the Labour Government with wage growth figures of 2.6 per cent trailing well behind inflation of 5.9 per cent, National’s Finance spokesperson Simon Bridges says.
Highest inflation in over 30 years hitting Kiwis hard
January 27, 2022
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Simon Bridges
The Finance Minister must rein in his spending to avoid adding more fuel to the inflationary fire that is hurting everyday New Zealanders, National’s Finance spokesperson Simon Bridges says.
Robertson’s ongoing spend up is fuelling inflation and hurting Kiwis
December 15, 2021
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Simon Bridges
Today’s Half Year Economic and Fiscal Update (HYEFU) confirms that despite a hot economy where everyone is competing for scarce labour and resources, Finance Minister Grant Robertson isn’t easing off his big debt-funded spend up and that will fuel inflation and hurt Kiwis, National’s Finance spokesperson Simon Bridges says.
Government splurges today, we all pay dearly tomorrow
November 10, 2021
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Michael Woodhouse
The Labour Government’s massive spending spree stepped up to a new gear, announcing $35 billion of spending in just a week with no details on how it will be paid, for says National’s Finance spokesperson Michael Woodhouse.
Kiwis keep getting poorer under Labour
November 03, 2021
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Michael Woodhouse
Data released today by Stats NZ shows that, over the past year, the cost of living has risen twice as fast as wages, says National’s Finance spokesperson Michael Woodhouse.
Auditor-General’s further damning assessment of the Government’s financial transparency
November 02, 2021
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Andrew Bayly
The Auditor-General has today agreed with National that this Labour Government’s Budget documentation falls well short of basic requirements for public transparency around the use of taxpayers’ money.
Find out if you’re smarter than the Finance Minister with our fun quiz!
October 21, 2021
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Michael Woodhouse
It should be back to school – if he can find one that’s open – for Minister of Finance Grant Robertson, says National’s Finance spokesperson Michael Woodhouse.
Fiscal discipline must underpin recovery
October 20, 2021
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Michael Woodhouse
The days of using Covid as cover for profligate spending must end, National’s Finance spokesperson Michael Woodhouse says.
Inflation soars – Kiwis suffer as cost of living spikes
October 18, 2021
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Michael Woodhouse
The Government needs to urgently recognise soaring inflation as the biggest medium-term threat to the New Zealand economy and halt its wasteful spending, says National’s Finance spokesperson Michael Woodhouse.
Robertson tops up Covid slush fund with borrowed money
September 16, 2021
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Michael Woodhouse
Grant Robertson’s $7 billion top-up of the misused Covid Response and Recovery Fund gives him carte-blanche to splash more borrowed money between Budgets, says National’s Finance spokesperson Michael Woodhouse.
Robertson has emptied the Covid piggy bank
September 08, 2021
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Michael Woodhouse
Confirmation today that the Government has sought authorisation to spend a whopping $41 billion over and above Budget 2021 is proof that the Finance Minister is once again using the cover of Covid-19 to spend taxpayer funds on pet projects that have little to do with New Zealand’s Covid-19 response, National’s Finance spokesperson Michael Woodhouse says.
Minister won’t say how much more taxpayers will be up for
August 24, 2021
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Michael Woodhouse
Finance Minister Grant Robertson won’t say how much extra taxpayers will have to foot to pay for the current lockdown, says National’s Finance spokesperson Michael Woodhouse.
Kiwis should be frustrated with Labour’s spending priorities
August 03, 2021
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Michael Woodhouse
The projects Labour is choosing to spend hard earned taxpayer money on speaks volumes around its priorities, National’s Finance spokesperson Michael Woodhouse says.
New Zealand’s Transport in disarray under Labour
June 25, 2021
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Michael Woodhouse
News that just three months after funding was confirmed in ATAP 2021-2031 the Eastern Busway will now be delayed is just another sign that Labour can’t manage New Zealand’s transport priorities, National’s Transport spokesperson Michael Woodhouse says.
Labour’s Budget lacks ambition for New Zealand
May 20, 2021
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Andrew Bayly
Today’s Budget is an indictment on the Labour Government’s ability to deliver for New Zealanders, National’s Shadow Treasurer Andrew Bayly says.
Reallocating Covid Fund irresponsible
May 04, 2021
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Michael Woodhouse
Plans by the Government to reallocate $926 million of money unspent from the Covid Response and Recovery Fund is irresponsible and burdens future generations with even more debt than is necessary, National’s Finance spokesperson Michael Woodhouse says.
Auditor-General finds Ihumātao deal was ‘unlawful’
April 20, 2021
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Nicola Willis
The Auditor-General has confirmed the Labour Government unlawfully used millions of taxpayer dollars to settle the Ihumātao land dispute.
Auditor-General should investigate Ihumātao deal
March 16, 2021
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Michael Woodhouse
National has written to the Auditor-General, requesting that he investigate the apparent misuse of millions in taxpayer dollars used to settle the Ihumātao land dispute.
No excuse for borrowing up large
December 17, 2020
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Michael Woodhouse
The better than forecast recovery our economy has seen means Labour must immediately chart a path back to sustainable levels of debt, National’s Finance spokesperson Michael Woodhouse says.
Labour opens floodgates by paying off protestors
December 17, 2020
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Michael Woodhouse
Taxpayers should not be stumping up $30 million to cover the Government’s bungling of the land dispute at Ihumātao, National’s Finance spokesperson Michael Woodhouse says.
Labour doesn’t have a plan to pay down debt
December 16, 2020
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Michael Woodhouse
Today’s Half-Yearly Economic and Fiscal Update confirms Labour has no plan to lift New Zealand out of debt, saddling our future generations with the burden, National’s Finance spokesperson Michael Woodhouse says.