The Budget is based on a Government deficit of $13.5 billion for the year ahead, 2012/13. This is down from the record deficit of $18.4 billion last year. A further deficit budget is forecast for 2013/14, before a balance budget in 2014/15. The 2014/15 surplus has been adjusted down to
Day: May 28, 2012
The Māori Affairs Select Committee will hear evidence on its inquiry into The Determinants of Wellbeing for Māori Children next month. Meetings are scheduled for Wellington and Auckland on June 6, and Christchurch on 7 June 2012 (further details not yet available). We provided a briefing on this inquiry, and
On Monday Statistics New Zealand published agricultural production tables from a survey of farms owned by 140 members of the Federation of Māori Authorities (the Federation) as at 30 June 2011. Key findings show the average size of a collectively Māori owned farm is circa 2,000 hectares (ha) approximately eight
On Wednesday Primary Industries Minister, David Carter, and Labour Minister, Kate Wilkinson, announced that legislation would be introduced to ban commercial fishing in New Zealand by foreign charter vessels (FCVs). Accordingly, when enacted, all fishing will be undertaken by New Zealand flagged boats. This means the full New Zealand legislative