General Welcome for Overseas Changes
Submitted by Amiri Halberg on Tue, 09/28/2010 - 15:03
Labor said that the Government modifies to rules about overseas purchases of New Zealand land do not guard the long-term interests of Country.
Yet the Government has been quick to spot out that more land was sold to alien owners per year under Labor’s rule.
Yesterday Finance Minister Bill English announced the result of a review into abroad investment rules and regulations.
FM surprised on the changing spending habits
Submitted by Girish Kumar Guha on Mon, 09/27/2010 - 12:59
Bill English, the Finance Minister has said that he is totally taken aback at the change in the spending habits of the people of New Zealand. The people have clamped down their spending habits and have moved over to saving their money.
In an interview given to TVNZ's Q+A programme , English said that there is going to be more spending from the people because the pre-GST increase has not happened till now.
Southland farmers to get food parcels
Submitted by Manish Verma on Sun, 09/26/2010 - 10:29
Finance Minister Bill English is inquiring banks to stretch the similar commiseration to storm- tattered Southland farmers as because they have farmers and ventures exaggerated by the earthquake at Canterbury. A primitive evaluation by farming spectators on the influence of the outburst points out an instant loss in income to the province in excess of $20 million.
Food supplies to be sent to Southland farmers
Submitted by Kohia Dennison on Sat, 09/25/2010 - 19:47
There is news that says that food parcels will be sent to the Southland farmers today. They are the ones who have been badly affected by the atrocious weather that has been hitting the place for last one week.
It is said that the food will be taken to the southern and eastern parts of the region. These are the areas which are covered with biggest dumps of snow.
Insurer asked to meet their obligation in earthquake bill
Submitted by Girish Kumar Guha on Fri, 09/17/2010 - 11:10
Finance Minister of New Zealand, Bill English has made it clear that the insurance companies have to bear their share of the cost in the Canterbury's earthquake bill.
He said that the government is trying hard to make sure that the insurance companies also do their bit when it comes to sharing costs for natural calamities like the earthquake.
Cabinet’s Guarantee to Canterbury Investors: Given Firm’s Collapse
Submitted by Girish Kumar Guha on Mon, 08/30/2010 - 17:57
An overseas trip has been cancelled by Finance Minister, Bill English and cabinet has offered a guarantee to all the 20,000 shareholders in South Canterbury Finance that if the firm crumples and goes into receivership, all the money that they have invested will be repaid.
However, the Government’s move into bailing the firm to be made is more of a question mark.
