Archive for the ‘Finance New Zealand’ Category

Communities to benefit from $210 million of Lottery Grants Board funding

Comments Off | 07-17-2014

Internal Affairs Minister and Presiding Member of the Lottery Grants Board Hon Peter Dunne announced today over $210 million generated from Lottery profits will be available to support a wide range of local and national projects this year.
“It is particularly exciting to see $15 million of funding allocated to the Significant Projects Fund (SPF). The [...]

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Tax pooling to become more taxpayer friendly

Comments Off | 07-6-2014

Revenue Minister Todd McClay has signalled changes to tax pooling rules will mean that taxpayers can use tax pooling arrangements to pay any interest owed as a result of a tax dispute or an amended tax assessment.
Tax pooling assists businesses by making it easier for them to plan for changes in tax obligations. The current [...]

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Financial service provider regime improved

Comments Off | 07-6-2014

Commerce and Consumer Affairs Minister Craig Foss today welcomed a range of new measures to strengthen the financial service provider registration and dispute resolution regime.
“We have made improvements to the financial service provider registration rules and introduced new powers to allow the Financial Markets Authority (FMA) to block the registration of financial service providers if [...]

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Funding for youth organisations

Comments Off | 06-30-2014

Youth Affairs Minister Nikki Kaye today announced funding totalling $122,000 for a range of youth organisations with a focus on improving opportunities for young people.
The Ministry of Youth Development funding will support a diverse range of organisations and projects. Recipients are the Far North District Council, the Great Potentials Foundation, the Isolated Communities youth grant [...]

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$100,000 for Canterbury Youth Initiative Fund

Comments Off | 06-30-2014

Youth Affairs Minister Nikki Kaye today announced the creation of the Canterbury Youth Initiative Fund, which will provide $100,000 for new initiatives for young Cantabrians.
The Ministry of Youth Development funding will help to kick-start initiatives and events for Christchurch youth, following today’s release of the results of the 2013 Youth Wellbeing Survey, Ms Kaye says.
The [...]

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$78m in health research funding announced

Comments Off | 06-10-2014

Science and Innovation Minister Steven Joyce and Health Minister Tony Ryall today announced a total of $78 million in health research funding as part of the 2014 Health Research Council (HRC) of New Zealand’s funding round.
The funding will cover 50 new Projects ($56 million), 4 new Programmes ($20 million), and 14 Emerging Researcher First Grants [...]

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Significant income redistribution after tax reforms

Comments Off | 06-1-2014

New data indicates New Zealand’s income tax and support system continues to provide significant income redistribution, with households earning more than $150,000 a year forecast to pay 74 per cent of net income tax in 2014/15, compared with 58 per cent in 2008/09.
“Four years after the Government’s comprehensive tax reforms, latest data confirms that New [...]

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$12m boost over four years for iwi radio stations

Comments Off | 05-17-2014

Iwi radio will receive an extra $12 million over the next four years to support the operational costs of the 21 stations currently funded by Te Mangai Pāho and to assess the feasibility of expanding the iwi radio network, Māori Affairs Minister Dr Pita Sharples says.
“Since its inception in the mid-1980s, iwi radio has played [...]

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Extra Budget support for Whānau Ora navigators

Comments Off | 05-17-2014

Budget 2014 commits new operating funding of $15 million over three years from 2015/16 for the Whānau Ora navigators’ work with whānau and families, Whānau Ora Minister Tariana Turia says.
The extra funding will help whānau and their engagement in a range of services.
“The navigators, who support engagement with whānau and families to achieve their goals, [...]

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New initiative to increase renewable energy in Southland

Comments Off | 05-11-2014

Minister of Energy and Resources Simon Bridges today announced the establishment of a renewable heat hub initiative in Southland to increase the uptake of renewable energy.
“Business heat accounts for approximately 30 per cent of New Zealand’s energy use, with around two-thirds generated from fossil fuels,” Mr Bridges says.
“By encouraging businesses to switch to renewable energy [...]

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