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The Latest Breaking News from Nicola Willis

NZ government's first law to reform Reserve Bank

The Reserve Bank has been ordered to focus on fighting inflation - and not maximising employment - by the New Zealand coalition government.

AAP

The government hopes private investors will fund social services – the evidence isn't so optimistic

It was scarcely mentioned during the election campaign, but we will undoubtedly be hearing more about “social investment”.

The Conversation

New Zealand mini-budget to address 'fiscal cliff' risks

New Zealand faces a multi-billion dollar blowout, Finance Minister Nicola Willis says, as she pours over the government's books ahead of a mini-budget.

AAP

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Nicola Willis warns of fiscal ‘snakes and snails’ – her first mini-budget will be a test of NZ’s no-surprises finance rules

New finance minister Nicola Willis has claimed she was blindsided by the state of the government’s books. Days after stepping into the role, she said:

The Conversation

Irish Prison for Edgelords and Hotheads?

Plus: Repealing tobacco bans, UN pointlessness, Substack's "Nazi problem," and more…

Reason

New Zealand's new government plans to roll back cigarette ban as it funds tax cuts

Prime Minister Chris Luxon was sworn in on Monday — and strict anti-smoking laws are set to become a casualty of the compromises needed to form a governing coalition.

WEKU

New Zealand scraps world-first smoking ‘generation ban’ to fund tax cuts

Health experts say axing plan to block sales of tobacco products to next generation will cost thousands of lives

The Guardian - AU

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New Zealand deputy PM down to Seymour or Peters

ACT leader David Seymour or NZ First's Winston Peters will become New Zealand's deputy prime minister after National deputy Nicola Willis ruled herself out.

AAP

Winston Peters back in the driver's seat for coalition negotiations

Here go again. The final results of this year’s election have delivered two more seats to te Pati Māori, thereby increasing the size of New Zealand’s 54th Parliament to 123 seats (once the Port Waikato by-election has taken place).

The Conversation

Back-channels shift sands on which National’s property and tax package is built

The luxury housing market is gearing up for National to lift the foreign buyer ban for properties over $2 million, but Christopher Luxon faces staunch opposition from NZ First. Jonathan Milne reports.

Newsroom.co.nz

Winston's move next as Luxon and Seymour hold fire

Analysis: Christopher Luxon and David Seymour are in regular contact as they try to get traction on a new government, but with New Zealand First still in the frame there’s little appetite to start formal talks.

Newsroom.co.nz

Campaign contest turns to who is the most negative

The two Chrises from the Hutt are in a war of words over which party's campaign is the most negative and misleading, reports Emma Hatton

Newsroom.co.nz

Finance debate: Robertson finds 'new hole' in National's foreign buyers tax

The final finance debate of the election campaign was another fiery clash between Grant Robertson and Nicola Willis over government spending and National's tax plan.

Newsroom.co.nz

Campaign chairs get claws out over debate

Labour says the opposition is chickening out but National says it's ridiculous to be accused of pulling out of a debate the Labour leader can't make

Newsroom.co.nz

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Newsroom.co.nz

An Ode for .. the Kingmaker

Bard Billot on Lord Winston, The Duke of Hazard

Newsroom.co.nz

National's fiscal plan doesn't answer tax cut questions

National may have hoped its detailed fiscal plan would put to bed the lingering questions about how it will pay for its tax cuts, but there are no satisfactory answers in sight.

AAP

NZ Labour likens Luxon to Eddie Jones in fiscal fight

New Zealand's Opposition National party has released its alternative budget, promising more disciplined spending to pay for income tax cuts.

Newsroom.co.nz

Fiscal plans fly as overseas voting opens

The Labour Party has released its fiscal plan showing how its election promises and the ongoing cost pressures in the public sector would fit within Budget allowances.

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Newsroom.co.nz

Labour MPs save themselves in face of bad polling

Chris Hipkins is in damage control as his MPs get nervous in the face of bad polling. Left untreated, it could be the start of a caucus splintering, writes Jo Moir

Newsroom.co.nz

Gone are the days of political leaders being mobbed

Over back-to-back days in Auckland with the two Chrises, political editor Jo Moir observed increased security and vetting, and safe party-faithful crowds.

AAP

Hipkins rallies faithful in bid for campaign kickstart

New Zealand Labour leader Chris Hipkins has stepped up his election pitch, while National's Chris Luxon was confident canvassing votes in Labour strongholds.

AAP

Recession or not, New Zealand GDP growing again

New Zealand enjoyed a return to solid growth in the June quarter, with Stats NZ reporting an 0.9 increase, well beyond market expectations.

Newsroom.co.nz

Luxon and media playing intense game of hide and seek

Things are getting tense, loud and stubborn as National leader Christopher Luxon feels the intensity of a media pack with a tax package in its bonnet, and unanswered questions, writes Tim Murphy

Newsroom.co.nz

An Ode for .. Baron Luxon

Bard Billot on the Baron (and Lord Winston the Undead)

Newsroom.co.nz

National's landlord tax break could cost $100m more a year

The spike in mortgage rates since 2021 means National's planned restoration of interest deductibility for landlords could cost millions more than it has budgeted.

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