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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

Government focused on surplus in 2014/15
Bill English | Finance The Government believes an OBEGAL surplus is achievable this financial year, despite Treasury’s latest forecast today predicting a $572 million deficit (0.2 per cent of GDP) for the year to 30 June 2015, Finance Minister Bill English says. ...read more
Household savings rate positive for five years
Bill English | Finance New Zealand households have together saved more than they spent over the past five consecutive years – the first time this has happened since 1989-94, Finance Minister Bill English says. The latest revised annual National Accounts (Income and Expenditure) compiled by Statistics New Zealand show aggregate household savings – which includes the impact of debt repayment - totalled $2.8 billion in the year ended March 2014. This represents a positive savings rate of 2.1 per cent of household disposable income. ...read more
Below forecast revenue highlights challenge
Bill English | Finance Government revenue continues to grow more slowly than forecast in the Budget, again highlighting the challenge of returning to surplus this year, Finance Minister Bill English says. For the four months ended October 31, the operating balance before gains and losses (OBEGAL) deficit was $1 billion - $260 million larger than forecast in the Budget Economic and Fiscal Update in May. Even though Core Crown tax revenue was $1.5 billion (or 7.9 per cent) higher than at the same time last year, it was $97 million lower than forecast in the Budget. ...read more
Economy grows solidly in September year
Bill English | Finance New Zealand’s economy remains one of the fastest growing in the developed world, confirming that the Government’s economic programme is taking New Zealand in the right direction, Finance Minister Bill English says. ...read more



 
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