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Michael Cullen

NZ Super Fund rebounds

NZ Super Fund rebounds
Wellington, Oct 12 NZPA - The New Zealand Super Fund says it has benefited from the rebound in global equity markets, with a 15.45 percent return for the year ended June. That compared with a 22.1 percent slide a year earlier.

Deposit guarantee story told in new book by Bollard

Deposit guarantee story told in new book by Bollard
Wellington, Sept 4 NZPA - The crown retail deposit guarantee scheme that picked up the tab for the collapse of South Canterbury Finance was hastily crafted in a war room in Wellington on a Sunday in October 2008 in response to fears of a run on banks.

Budget to be "solid and sensible" - Key

Budget to be "solid and sensible" - Key
Wellington, May 18 NZPA - Prime Minister John Key has dampened down expectations for Thursday's budget calling it "solid and sensible". The budget was "another plank in delivering National's economic growth agenda", he said.

Bolger's SOE tenures diminishing

Bolger's SOE tenures diminishing
Wellington, March 22 NZPA - Former prime minister Jim Bolger will be replaced as chairman of NZ Post late in the year by former finance minister Michael Cullen, it was reported tonight.

Key says asset sales not on agenda

Key says asset sales not on agenda
Wellington, March 22 NZPA - Prime Minister John Key says there are no plans to sell KiwiRail. It seemed former National Prime Minister Jim Bolger's job at KiwiRail may be at the end of the line yesterday, after Transport Minister Steven Joyce said its governance needed refreshing.

Jim Bolger's Kiwirail job on the line

Jim Bolger's Kiwirail job on the line
Wellington, March 21 NZPA - Former National Prime Minister Jim Bolger's reign at KiwiRail looks set to end after Transport Minister Steven Joyce this morning said its governance needed refreshing.

National Is Following Labour Policies, Hide Says

By Peter Wilson of NZPA Wellington, Feb 28 NZPA - National is following the policies of the previous Labour government and won't be able to lift New Zealand's economic performance until it changes them, ACT leader Rodney Hide says.

NZ Journo Denied Chinese Visa Again

Wellington, Feb 5 NZPA - Wellington journalist Nick Wang has again had an application for a visa to visit China rejected by the Chinese Embassy. Wang said he wanted to visit his elderly parents in Inner Mongolia but he was denied entry and embassy officials refused to say why.

There A Big Dark Cloud Behind That Economic Silver Lining

There A Big Dark Cloud Behind That Economic Silver Lining
By Ian Llewellyn of NZPA Wellington, Dec 27 NZPA - The 2009 economic year ended far more brightly than it started, but the silver lining blinded many from seeing the very big dark cloud that lay behind it.

HYFU And Budget Policy Statement On December 15

HYFU And Budget Policy Statement On December 15
Wellington, Nov 26 NZPA - Many government departments are being warned that they will have to cover all cost increases from within existing budgets, Finance Minister Bill English said.

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