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Finance

New Zealand business confidence red-lines

July 05, 2022 Share

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.

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Minister buries head in the sand

June 22, 2022 Share

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.

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Consumer confidence hits record low

June 21, 2022 Share

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.

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More economic bad news for struggling Kiwis

June 16, 2022 Share

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.

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Rising food inflation worsens cost of living crisis

June 14, 2022 Share

Nicola Willis

Kiwi families keep going backwards with food prices continuing to rise rapidly, National’s Finance spokesperson Nicola Willis says.

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Government spending making inflation worse

May 26, 2022 Share

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.

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Inflation pressure drives up interest rates

May 25, 2022 Share

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.

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Labour’s Budget blowout means risk of more debt

May 24, 2022 Share

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.

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Treasury slams Labour’s band-aid economics

May 20, 2022 Share

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.

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Labour’s spending is out of control

May 19, 2022 Share

Nicola Willis

Budget 2022 confirms Finance Minister Grant Robertson’s spending is out of control, National’s Finance Spokesperson Nicola Willis says.

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Food inflation continues to swamp wages

May 12, 2022 Share

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.

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Debt changes deserve scrutiny

May 11, 2022 Share

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.

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Govt must bring back fiscal discipline

May 09, 2022 Share

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.

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SPEECH: Restoring discipline to government policy

May 09, 2022 Share

Nicola Willis

Kia ora koutou katoa, ngā mihi nui ki a koutou. Greetings all. It’s great to be in Christchurch.

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Coffers full, but still no support for squeezed middle

May 05, 2022 Share

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.

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Modernisation of Unit Titles Act passes third reading

May 04, 2022 Share

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.

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Kiwis going backwards faster than ever

May 04, 2022 Share

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.

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Grant Robertson’s credibility problem

May 03, 2022 Share

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.

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Kiwis can’t trust Labour on tax

May 02, 2022 Share

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.

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Government must heed call for support from RBNZ

April 19, 2022 Share

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. 

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OCR hike down to economic mismanagement

April 13, 2022 Share

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.

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Food prices worsen the cost of living crisis

April 13, 2022 Share

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.

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Business confidence shattered under Labour

April 13, 2022 Share

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.

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Govt should put moratorium on new business costs

April 08, 2022 Share

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.

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Government tax take continues to surge

April 05, 2022 Share

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.

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Consumer confidence goes from ‘bad to worse’

April 01, 2022 Share

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.

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Surging inflation creating more risks for economy

March 25, 2022 Share

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.

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More pain coming for squeezed middle

March 23, 2022 Share

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.

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PM out of touch on cost of living crisis

March 08, 2022 Share

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.

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Time to end Labour’s tax grab, not spend up large

March 06, 2022 Share

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.

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Kiwis deserve tax relief from cost of living crisis

March 06, 2022 Share

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.

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Finance Minister needs to do his job

February 23, 2022 Share

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.

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Food prices taking a big bite out of Kiwis’ pockets

February 14, 2022 Share

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.

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Wage increase is admission to cost of living crisis

February 11, 2022 Share

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. 

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New Zealanders getting poorer under Labour

February 02, 2022 Share

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.

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Highest inflation in over 30 years hitting Kiwis hard

January 27, 2022 Share

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.

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Robertson’s ongoing spend up is fuelling inflation and hurting Kiwis

December 15, 2021 Share

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.

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Government splurges today, we all pay dearly tomorrow

November 10, 2021 Share

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.

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Kiwis keep getting poorer under Labour

November 03, 2021 Share

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.

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Auditor-General’s further damning assessment of the Government’s financial transparency

November 02, 2021 Share

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.

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Find out if you’re smarter than the Finance Minister with our fun quiz!

October 21, 2021 Share

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.

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Fiscal discipline must underpin recovery

October 20, 2021 Share

Michael Woodhouse

The days of using Covid as cover for profligate spending must end, National’s Finance spokesperson Michael Woodhouse says.

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Inflation soars – Kiwis suffer as cost of living spikes

October 18, 2021 Share

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.

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Robertson tops up Covid slush fund with borrowed money

September 16, 2021 Share

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.

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Robertson has emptied the Covid piggy bank

September 08, 2021 Share

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.

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Minister won’t say how much more taxpayers will be up for

August 24, 2021 Share

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.

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Kiwis should be frustrated with Labour’s spending priorities

August 03, 2021 Share

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.

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New Zealand’s Transport in disarray under Labour

June 25, 2021 Share

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.

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Labour’s Budget lacks ambition for New Zealand

May 20, 2021 Share

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.

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Reallocating Covid Fund irresponsible

May 04, 2021 Share

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.

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Auditor-General finds Ihumātao deal was ‘unlawful’

April 20, 2021 Share

Nicola Willis

The Auditor-General has confirmed the Labour Government unlawfully used millions of taxpayer dollars to settle the Ihumātao land dispute.

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Auditor-General should investigate Ihumātao deal

March 16, 2021 Share

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.

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No excuse for borrowing up large

December 17, 2020 Share

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.

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Labour opens floodgates by paying off protestors

December 17, 2020 Share

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.

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Labour doesn’t have a plan to pay down debt

December 16, 2020 Share

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.

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