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Bill English

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The current Deputy Prime Minister, Minister of Finance and Minister of Infrastructure of New Zealand.
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ENG: Simon William "Bill" English (born 1961) is the Deputy Prime Minister, Minister of Finance and Minister of Infrastructure of New Zealand. Political career English entered parliament in 1990 as a National party MP representing the Wallace electorate. In 1999 English served as Minister of Finance for a brief period until National, under the leadership of Jenny Shipley at the time, lost the election later that year. In October 2001 he replaced Shipley as the leader of the National Party, but after a disastrous result in the 2002 election he was replaced as the leader by Don Brash in October 2003. After Don Brash's resignation in November 2006 he became deputy leader of the party under John Key, becoming the Deputy Prime Minister after a November 2008 election victory. English ...
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Be flexible with earthquake victims, English tells IRD,banks


Finance Minister Bill English has asked banks and the Inland Revenue Department to be flexible to help businesses stay afloat and still be able to pay wages in the aftermath of the Canterbury earthquake.But he said employers will have to make their own decisions and some people might lose their jobs."Some of them will be in a sound enough position that they can expect to continue to pay [wages]. Some will have to make pretty quick decisions so employees have certainty either that they're employed or they're not."The great uncertainty is just how long it's going to take for these ...


English predicts hit to economy, then a rebound


Finance Minister Bill English is predicting that the economy will take a hit over the next two or three months because of the Christchurch earthquake, but that there will then be a rebound. The Treasury has calculated that the quake could cost $4 billion - double the figure first suggested by the Earthquake Commission. Mr English says the good news is that much of the cost is insured and there is money in Earthquake Commission and insurer reserves to get going right away. The cost to the Government is manageable, he says, if the Crown keeps its accounts under control. He says the important ...


SCF shareholders say Bill English out of line


Allan Hubbard says he is still too distressed to talk about what has happened to South Canterbury Finance, after giving a lifetime of service to the company.But plenty of people in Timaru are talking, and tvnz.co.nz's message board has been flooded with comment. Some are saying finance minister Bill English is out of line, in telling investors they should be thankful to the taxpayers. Hubbard and his wife were seen driving from the SCF offices today, an indication they are still working, despite the company being in receivership. ... There's less sympathy for Finance Minister Bill English's ...


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> Bill English > News

Significant income redistribution after tax reforms
Bill English | Finance 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 Zealand’s income tax and support system significantly redistribute incomes to households in need,” Finance Minister Bill English says. ...read more
Government to grow social housing sector
Bill English | Finance The Government has agreed in principle to establish a new entity that will work with social housing providers to better meet demand, Finance Minister Bill English and Housing Minister Dr Nick Smith say. “Our plan is to grow and diversify the social housing sector in New Zealand,” Mr English says. “We recognise that most options to do this will have significant implications, so it is important that we fully understand them to get the right options progressed. ...read more
Budget Speech
Bill English | Budget 2014 Mr Speaker, I move that the Appropriation (2014/15 Estimates) Bill be now read a second time. It’s a privilege to deliver the National-led Government’s sixth Budget. It’s a particular privilege because this is the first Budget in six years to focus on managing a growing economy rather than recovering from a domestic recession and then the global financial crisis. A growing economy supports employment and higher wages. It provides opportunities for families. And it pays for public services that New Zealanders rely on. ...read more
Share offer proceeds boost capital investment
Bill English | Budget 2014 The success of the Government’s share offer programme provides a further $1 billion of new capital investment in Budget 2014 without the need to borrow more from overseas lenders, Finance Minister Bill English says. “The share sale proceeds saw $4.7 billion go to the Future Investment Fund and we said we would spend $1 billion of that on schools, and a further $1 billion on health,” he says. ...read more



 
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