Latest from NZ Treasury

Dollar falls as US rises against euro

<i>Brian Fallow</i>: Taskforce wants level tax playing field

<i>Brian Fallow</i>: We got through it, but there'll be an expensive price to pay

PM: Economy's revival means safer jobs

Prime Minister John Key says there is "light at the end of the tunnel", after half-yearly accounts painted a better picture than the Budget.

Gloom lifts but slump will take toll

The economy's prospects look a lot brighter in the Treasury's latest forecasts than they did when it was preparing the Budget in April.

Treasury says Govt faces leaky schools headache

Taxes tipped to be among taskforce's topics

Treasury: Unemployment to peak at 7pc - Key

Treasury now believes unemployment will peak at 7 per cent, less than what it predicted when the recession first hit, John Key told Parliament today.

<i>Andrew Williams</i>: Leaky-homes impasse remains rotten to the core

<i>Brian Fallow</i>: Tinkering won't fix creaking tax system

The tax system has deteriorated beyond the point where tinkering and tweaking are enough, was the message this week.

<i>Fran O'Sullivan</i>: Key's faux pas looking like Freudian slip

No one is underestimating the political difficulties in making substantial change, writes Fran O'Sullivan.

Tax reform needed to jump-start economy

Tax reform and a much tougher approach to Govt spending will be necessary if NZ is to narrow the income gap with Australia, Treasury says.

Treasury calls for cuts as Labour speaks out on monetary policy

Treasury released a paper yesterday arguing that cuts to Government spending would take pressure off interest rates and the dollar.

Dollar drops below US74c mark

Treasury outlines options for economy

Treasury has painted a bleak picture of an under-performing New Zealand economy and outlined some tough choices for the Government.

Retail deposit scheme modified

Treasury has tweaked the retail deposit scheme to help companies wean themselves off Crown support.