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Michael Cullen

Surge In KiwiSaver Numbers In April

Finance Minister Michael Cullen today said 20,000 people had signed up in the first nine days of April, taking total membership to 542,000. Dr Cullen said the high uptake "continues to amaze".

Next Round Of National v Labour Tax Cut Competition

National leader John Key today said his party was not committed to outbidding Labour on tax cuts but thought it highly unlikely Labour would offer more. His comments were jumped on by Labour as a flip flop.

Growth In Social Spending Will Slow Tax Cuts - Cullen

Finance Minister Michael Cullen today said that tax cuts would mean a reduction in the growth of spending on social services.

National Questions Government Budget Position

National today questioned whether Labour's budget next month would be affected by a below forecast surplus. Last week Treasury reported that the government's operating financial balance improved in February but was still well below forecast.

Cullen Signals No Change In Top Tax Rate

Finance Minister Michael Cullen indicated in Parliament today that the tax cuts he will announce in the May 22 Budget won't include a reduction in the top rate. After a grilling yesterday, Dr Cullen again faced probing questions from opposition MPs about his intentions.

Nats, Labour Play Ping Pong Over Tax Cuts

Political ping-pong between National and Labour over tax cut policy continued around Parliament today. Yesterday, Finance Minister Michael Cullen appeared to tell people not to expect too much from his May 22 budget.

National And Labour Play Ping Pong Politics Over Tax Cuts

Wellington, March 27 NZPA - Political ping-pong between National and Labour over tax cut policy continued around Parliament today. Yesterday, Finance Minister Michael Cullen appeared to tell people not to expect too much from his May 22 budget.

Government Makes Change to KiwiSaver

The Government today said a teething problem meant it has had to make a change to the KiwiSaver employer tax credit process.

NZ Stocks Hurt By Market Storm - But Could Be Worse

NZ Stocks Hurt By Market Storm - But Could Be Worse

KiwiSaver Also Babysaver Scheme

The Government says younger and younger people are signing up to KiwiSaver -- the latest being a nine-month-old boy.

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