Monday, January 12, 2026

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Nicola Willis




Government moves to cash in Chorus debt to fund new infrastructure projects

The Government has confirmed it will move ahead with plans to monetise the debt it holds in telecommunications network operator Chorus, freeing up funds...

HYEFU exposes cost of Government’s growth strategy on ordinary Kiwis – Swarbrick

The Green Party says the Government’s economic strategy has failed to deliver meaningful growth and is instead placing growing pressure on ordinary New Zealanders,...

Fiscal restraint needed despite recovery outlook – Willis

Finance Minister Nicola Willis says continued 'fiscal discipline' will be essential to restore the Government’s books to surplus, despite Treasury forecasting a strengthening economic...

Unemployment hits 5.3% as job market weakens and wage growth slows

New Zealand’s unemployment rate rose to 5.3% in the September quarter — its highest level in nearly nine years — as businesses froze hiring...

Government pours $1.2m into cow gadget to ‘fix climate’

The Government has announced a $1.2 million investment in a Canterbury start-up’s wearable device for cows, claiming it could slash nitrous oxide emissions by...

‘Terrible idea’: Willis slams Labour’s Capital Gains Tax policy

Finance Minister Nicola Willis has criticised Labour’s proposal for a capital gains tax on investment property as “a massive tax on the New Zealand...

New Reserve Bank Governor appointed

Dr. Anna Breman, the First Deputy Governor of Sweden’s central bank, has been appointed as the new Governor of the Reserve Bank of New...

Hipkins says ‘entire government’ must resign

Labour leader Chris Hipkins has refused to join former finance ministers Ruth Richardson and Roger Douglas in calling for Finance Minister Nicola Willis to...

Roger Douglas calls for Willis to resign

Former Finance Minister Sir Roger Douglas and economist Robert MacCulloch have urged Finance Minister Nicola Willis to resign, blaming her handling of ballooning deficits...

Clergy chain themselves at Willis’ office demanding action on Israel

Nine clergy members have chained themselves together outside Finance Minister Nicola Willis’ electorate office in Johnsonville, Wellington, pledging to fast and remain overnight in...

KiwiRail reaches $144m settlement over cancelled iReX ferry project

KiwiRail has agreed to a $144 million final settlement with South Korea’s Hyundai Mipo Dockyard over the cancellation of the Project iReX ferries, the...

Reserve Bank Board appointments announced

Former Acting Governor Grant Spencer has been appointed to the Reserve Bank of New Zealand Board, Finance Minister Nicola Willis has announced. Board member Byron...

Willis warns supermarkets over misleading prices

Economic Growth Minister Nicola Willis has issued a stern warning to the country's major supermarket chains, demanding they meet their legal obligations under the...

Funding dispute with Willis prompted Orr’s resignation

Reserve Bank documents released under the Official Information Act reveal that Governor Adrian Orr resigned due to a major funding dispute with Finance Minister...

Budget 2025 – full text of Willis’ speech

Mr Speaker, I move that the Appropriation (2025/26 Estimates) Bill be now read a second time. Ahumairangi, Tangi Te Keo, tū te ao tū te pō....

Stuff columnist sparks outrage over use of c-word against female Ministers in pay equity criticism

A fiery column by Stuff journalist Andrea Vance targeting the Government’s halt on pay equity claims has ignited backlash for its use of the...

Reserve Bank budget to be slashed by 25%

The Government has struck a deal with the Reserve Bank to cut its operating budget by 25 percent in the coming financial year, as...

Government seeks public input on taxation of charities and not-for-profits

The government has opened a consultation on the taxation of charities and not-for-profits, inviting public feedback on proposed changes aimed at improving fairness, reducing...

Luxon reshuffles cabinet

Summary of changes made to cabinet announced by PM Christopher Luxon today. Shane Reti: Lost the Health portfolio to Simeon Brown. Gained the new role...

Labour overtakes National in latest poll as economic concerns dominate voter sentiment

The Labour Party has overtaken National in the polls for the first time since April 2023, according to the latest Taxpayers' Union-Curia Poll, a...

FamilyBoost: 22,000 claims paid in first two weeks of 2025

Nearly 22,000 claims have been paid under the FamilyBoost scheme in the first 15 days of January, according to Finance Minister Nicola Willis. Since the...

Ferry procurement plan sparks controversy amid cost and timeline concerns

The government has unveiled plans to establish a new state-owned company to procure two ferries for the Cook Strait, aiming to replace the aging...

Government boosts Kiwibank in bid to increase competition

The government is taking steps to increase competition in the banking sector, with Finance Minister Nicola Willis announcing measures to strengthen Kiwibank and urging...

Government’s financial results fall short of forecast

The government's financial results for the first three months of the fiscal year reveal a larger-than-expected deficit, prompting Finance Minister Nicola Willis to reinforce...

Public Service cuts: 2,000 jobs cut so far

New data reveals that over 2,000 jobs were cut from the public service between December 2023 and June 2024, bringing the total number of...

New work-from-home guidance for public service – Willis

The Government wants to see more public servants come into their place of work each day and is taking steps to make this expectation...

‘Delivering more competitive banking for Kiwis’ – Willis

The Government will act on all 14 recommendations made by the Commerce Commission’s final report into bank competition Finance Minister Nicola Willis and Commerce...

Willis orders inquiry into rural banking competition in New Zealand

Finance Minister Nicola Willis has initiated an inquiry into the state of competition in New Zealand's banking sector, focusing on rural areas. She has written...

Budget 24 ‘the Mother of All Disappointments’ – Taxpayers’ Union

Nicola Willis's inaugural budget has been criticised by the Taxpayers’ Union, which has labelled it “The Mother of All Disappointments,” accusing it of failing...

Nicola Willis – Budget 2024 Speech, full text

Full text of Finance Minister Nicola Willis' speech to the House of Representatives on Budget Day 2024. Mr Speaker, I move that the Appropriation (2024/25 Estimates)...

Super Fund to get more investment opportunities – Willis

Finance Minister Nicola Willis has welcomed the passage of legislation giving the New Zealand Superannuation Fund a wider range of investment opportunities. The New Zealand...

500+ Ministry of Education jobs to be cut

The Ministry of Education has unveiled plans to slash 565 jobs. Combined with reductions announced by Oranga Tamariki, today's total public sector job cuts exceed...

Families to receive up to $75 a week help with ECE fees

Hardworking families are set to benefit from a new credit to help them meet their early childcare education (ECE) costs, Finance Minister Nicola Willis...

‘GDP decline reinforces Government’s fiscal plan’ – Willis

Declining GDP for the December quarter reinforces the importance of restoring fiscal discipline to public spending and driving more economic growth, Finance Minister Nicola...

Budget will be delivered on 30 May – Willis

Plans to deliver tax relief to hard-working New Zealanders, rebuild business confidence and restore the Crown’s finances to order will be unveiled on 30...

Independent advice sought on ferry service

An expert advisory group is being established to provide the coalition Government with independent advice and assurance on KiwiRail’s inter-island ferry service, Finance Minister...

‘Fiscal repair job underway’ – Willis

The coalition Government is taking decisive action to repair the Government books and support income tax relief in next year’s Budget, Finance Minister Nicola...

Government renews Reserve Bank focus on inflation

With Parliament now having passed the Reserve Bank of New Zealand (Economic Objective) Amendment Bill, the coalition Government has met its 100-Day commitment to...

Kiwis ‘rushing to check out’ National’s tax calculator

More than 50,000 New Zealanders logged on to National’s tax calculator to see how much tax relief they will get in National’s Back...

‘$250 million amateur error in Labour’s GST costing’ – National

A closer look at Labour’s costings for their policy to remove GST from fruit and vegetables reveals a schoolboy error equating to quarter-of-a-billion-dollar hole,...

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