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Nicola Willis

Government secures emergency diesel stockpile

Daily Telegraph NZ -

The government has finalised a deal with Z Energy to secure almost 90 million additional litres of diesel fuel, equivalent to about nine days...

Willis meets Australian treasurer as fuel pressures rise

Daily Telegraph NZ -

Finance Minister Nicola Willis has met with Australian Treasurer Jim Chalmers in Brisbane for the annual trans-Tasman economic dialogue, with talks focusing on fuel...

Government overhauls infrastructure system

Daily Telegraph NZ -

The Government has announced a major overhaul of how infrastructure projects are assessed and approved, aiming to improve decision-making and reduce wasteful spending. Infrastructure Minister...

Peters criticises Luxon leadership vote as destabilising and poorly handled

Daily Telegraph NZ -

Winston Peters says he should have been informed in advance of Christopher Luxon’s leadership confidence vote, arguing the move breached the spirit of the...

Government details phased fuel rationing plan for potential supply crisis

Daily Telegraph NZ -

The government has expanded its 'National Fuel Plan', outlining a four-phase framework for managing fuel shortages, with New Zealand currently at phase one. Phase 2...

Fuel price surge triggers $50 weekly support boost for families

Daily Telegraph NZ -

The Government has announced a temporary increase to the in-work tax credit, aimed at easing cost-of-living pressures on low-to-middle-income working families as rising global...

NZ has seven weeks of fuel left – Willis

Daily Telegraph NZ -

Finance Minister Nicola Willis says New Zealand currently holds around seven weeks’ worth of fuel, including reserves, but cautions the buffer depends on continued...

Willis warns volatility reinforces fiscal discipline after Fitch outlook shift

DTNZ Business -

Finance Minister Nicola Willis says rising global economic uncertainty has underscored the importance of the Government’s fiscal consolidation programme, following Fitch Ratings’ decision to...

Willis announces ‘independent review’ of Covid-19 monetary policy

Daily Telegraph NZ -

The Government has instigated an independent review of New Zealand’s monetary policy response to the Covid-19 pandemic. Finance Minister Nicola Willis says the purpose of...

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

Daily Telegraph NZ -

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

DTNZ Politics -

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

Daily Telegraph NZ -

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

Daily Telegraph NZ -

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’

Daily Telegraph NZ -

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

Daily Telegraph NZ -

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

Daily Telegraph NZ -

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

Daily Telegraph NZ -

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

Daily Telegraph NZ -

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

Daily Telegraph NZ -

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

Daily Telegraph NZ -

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

Daily Telegraph NZ -

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

Daily Telegraph NZ -

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

Daily Telegraph NZ -

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

Daily Telegraph NZ -

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

Daily Telegraph NZ -

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%

Daily Telegraph NZ -

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

Daily Telegraph NZ -

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

Daily Telegraph NZ -

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

Daily Telegraph NZ -

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

Daily Telegraph NZ -

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

Daily Telegraph NZ -

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

Daily Telegraph NZ -

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

Daily Telegraph NZ -

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

Daily Telegraph NZ -

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

Daily Telegraph NZ -

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

Daily Telegraph NZ -

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

Daily Telegraph NZ -

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

Daily Telegraph NZ -

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

Daily Telegraph NZ -

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

Daily Telegraph NZ -

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...

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