Tag: Questions and Answers

Questions & Answers – 18 August 2016

Press Release – Office of the Clerk 1. ALASTAIR SCOTT (NationalWairarapa) to the Minister of Finance : What international reports has he received on the state of the New Zealand economy?• ORAL QUESTIONS QUESTIONS TO MINISTERS Economy—Reports 1. ALASTAIR SCOTT (National—Wairarapa) to the Minister of Finance: What international reports has he received on the state of the New Zealand economy? Hon BILL ENGLISH (Minister of Finance): Last week Fitch Ratings affirmed New Zealand’s AA rating, which indicates “very strong capacity” for [honouring] our financial commitments” and confirmed the outlook as stable. Fitch pointed to improved growth prospects, sound public finances, and highlighted New Zealand’s strong macroeconomic policy framework. The report is international recognition for New Zealand as a safe and stable place to do business. Alastair Scott: What else does Fitch Ratings say about the New Zealand economic outlook? Hon BILL ENGLISH: Fitch has lifted its forecasts for economic growth in New Zealand to around 2.7 percent over the next 2 years—a bit lower than recent Reserve Bank forecasts—but they all show moderate growth of 2 to 3 percent over the next 3 to 4 years, which compares favourably with most economies and shows prospects for more jobs and higher incomes. Fitch says that the positive outlook for the New Zealand economy is supported by the lift in services exports—that is mainly tourism—construction activity, and stronger than expected net...

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Questions & Answers – 17 August 2016

Press Release – Office of the Clerk 1. Rt Hon WINSTON PETERS (LeaderNZ First) to the Prime Minister : Does he stand by all his statements; if so, how?• ORAL QUESTIONS QUESTIONS TO MINISTERS Prime Minister—Statements 1. Rt Hon WINSTON PETERS (Leader—NZ First) to the Prime Minister: Does he stand by all his statements; if so, how? Rt Hon JOHN KEY (Prime Minister): Yes, with one clarification: when I said yesterday that the numbers of people who come to New Zealand and claim refugee status or asylum are significantly fewer under this Government than when the Rt Hon Winston...

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Questions & Answers – 5 July 2016

Press Release – Office of the Clerk 1. DAVID BENNETT (NationalHamilton East) to the Minister of Finance : What recent announcements has the Government made to accelerate the supply of new housing where it is needed the most?• ORAL QUESTIONS QUESTIONS TO MINISTERS Housing—Supply 1. DAVID BENNETT (National—Hamilton East) to the Minister of Finance: What recent announcements has the Government made to accelerate the supply of new housing where it is needed the most? Hon BILL ENGLISH (Minister of Finance): On Sunday the Prime Minister announced a new $1 billion Housing Infrastructure Fund to help bring forward the new...

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Questions & Answers – 28 June 2016

Press Release – Office of the Clerk 1. JAMES SHAW (Co-LeaderGreen) to the Prime Minister : Does he stand by all his statements?ORAL QUESTIONS QUESTIONS TO MINISTERS Prime Minister—Statements 1. JAMES SHAW (Co-Leader—Green) to the Prime Minister: Does he stand by all his statements? Rt Hon JOHN KEY (Prime Minister): Yes. James Shaw: Why, then, did he tell me in April that foreign trust disclosure requirements on registration were “broad and deep”, when John Shewan described them this morning on Radio New Zealand National as “absolutely minimal and tells nobody anything”? Rt Hon JOHN KEY: Because I believe that...

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Questions & Answers – 9 June 2016

Press Release – Office of the Clerk 1. RON MARK (Deputy LeaderNZ First) to the Minister of Finance : Does he stand by his statement on the defence budget made in the House on Thursday, 2 June; if so, how?1. Budget 2016—Defence 1. RON MARK (Deputy Leader—NZ First) to the Minister of Finance: Does he stand by his statement on the defence budget made in the House on Thursday, 2 June; if so, how? Hon GERRY BROWNLEE (Leader of the House) on behalf of the Minister of Finance: Yes; by standing up and saying so. Ron Mark: When he said the Defence Force “gets roughly a $100 million increase in its baseline. Over 10 years … that roughly adds up a lot of money.”, did he not realise that that is $10 billion short of what the Secretary of Defence needed in January 2016? Hon GERRY BROWNLEE: The member is confusing quite a large number of figures. Firstly, the approximate $100 million operating figure is added to the defence baseline each year. Over that 10-year period it would equate to something in excess of $5 billion operating. The figure that the member is interested in is an $11 billion figure that was signalled by the Ministry of Defence on 27 January 2016, which is a capital spend expected over a 10-year period. Ron Mark: Where in this defence white...

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