Martin Foo News Today

New Zealand govt delivers modest tax relief and lower spending as economy struggles

If you've ever tried and failed to make fried rice at home that tastes as good as the takeout version, there are a few things you can do to get closer.

Rates levied by local governments have been flat for a century, even as central government taxation has more than tripled, according to S&P Global Ratings

International credit rating agency S&P says repealing the Affordable Water Reforms could result in local government downgrades

Terry McFadgen says the new New Zealand government should take a look at Victoria's vacant land tax

Chances of an imminent hike in Australian interest rates grew on Wednesday after data showed house prices rebounding to near record highs and the International Monetary Fund recommended tightening monetary and fiscal policy screws to curb inflation. Markets responded by pricing in a near-70% chance that the Reserve Bank of Australia (RBA) will raise rates by a quarter point to 4.35% when it meets on Nov. 7, ending four months of keeping rates on hold. High readings for inflation and consumer s...

S&P Global Ratings warns local councils’ credit ratings risk being downgraded under National’s plan to ditch Three Waters, which could make it even more...

The change of government will have no impact on the country's top-level credit rating, according to a global agency.

Daniel Mookhey to give major speech to parliament outlining the state’s finances as budget delayed until September

Investors expect competition to raise debt to fund ambitious infrastructure projects while budgets remain in deficit will mean big returns to attract buyers