|
2006 New Zealand Budget
The New Zealand budget for fiscal year 2006–2007 was presented to the New Zealand House of Representatives by Finance Minister Dr Michael Cullen on 18 May 2006. This was the seventh budget Michael Cullen has presented as Minister of Finance. The budget allocated an operating spending of $6 billion and capital of $2.7 billion over the preceding four years. Outline Key issues in the budget includes: * The Telecom New Zealand local loop unbundling. * $1.3 billion extra for transport. * $3 billion extra for health care, over the next four years. * $361 million extra for schooling. * $166 million extra for tertiary education and skill training. * $162 million extra for early childhood education. * While there was some lobbying for tax cuts, none were delivered. * $8.5 billion OBERAC surplus; $1.5 billion cash surplus Reception Cullen's guiding principle was, he stated, "The fool who spends on the upturn will find himself broke on the downturn". It has been labelled as the " ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Michael Cullen (politician)
Sir Michael John Cullen (5 February 1945 – 19 August 2021) was a New Zealand politician. He served as the 16th deputy prime minister of New Zealand, also as the minister of Finance, minister of Tertiary Education, and attorney-general. He was the deputy leader of the Labour Party from 1996 until November 2008, when he resigned following a defeat in the general election. He resigned from Parliament in April 2009, to become the deputy chairman of New Zealand Post from 1 November 2009 and chairman from 1 November 2010 until leaving the role in 2016. On 6 March 2020 he announced that he had resigned from the Lakes and Bay of Plenty district health boards, respectively. At the same time he also announced that he had been diagnosed with stage 4 small-cell lung cancer, which had also spread to his liver. Early life and education Cullen was born in Enfield in north London on 5 February 1945, the son of Ivy May Cullen (née Taylor) and John Joseph Thomas Cullen. His father was a sp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Zealand Herald
''The New Zealand Herald'' is a daily newspaper published in Auckland, New Zealand, owned by New Zealand Media and Entertainment, and considered a newspaper of record for New Zealand. It has the largest newspaper circulation of all newspapers in New Zealand, peaking at over 200,000 copies in 2006, although circulation of the daily ''Herald'' had declined to 100,073 copies on average by September 2019. Its main circulation area is the Auckland region. It is also delivered to much of the upper North Island including Northland, Waikato and King Country. History ''The New Zealand Herald'' was founded by William Chisholm Wilson, and first published on 13 November 1863. Wilson had been a partner with John Williamson in the ''New Zealander'', but left to start a rival daily newspaper as he saw a business opportunity with Auckland's rapidly growing population. He had also split with Williamson because Wilson supported the war against the Māori (which the ''Herald'' termed "the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Zealand Budgets
New is an adjective referring to something recently made, discovered, or created. New or NEW may refer to: Music * New, singer of K-pop group The Boyz Albums and EPs * ''New'' (album), by Paul McCartney, 2013 * ''New'' (EP), by Regurgitator, 1995 Songs * "New" (Daya song), 2017 * "New" (Paul McCartney song), 2013 * "New" (No Doubt song), 1999 *"new", by Loona from '' Yves'', 2017 *"The New", by Interpol from ''Turn On the Bright Lights'', 2002 Acronyms * Net economic welfare, a proposed macroeconomic indicator * Net explosive weight, also known as net explosive quantity * Network of enlightened Women, a conservative university women's organization * Next Entertainment World, a South Korean film distribution company Identification codes * Nepal Bhasa language ISO 639 language code * New Century Financial Corporation (NYSE stock abbreviation) * Northeast Wrestling, a professional wrestling promotion in the northeastern United States Transport * New Orleans Lakefront Ai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2006 In New Zealand
The following lists events that happened during 2006 in New Zealand. Population * Estimated population as of 31 December: 4,209,100 * Increase since 31 December 2005: 48,200 (1.16%) * Males per 100 Females: 95.8 Incumbents Regal and viceregal *Head of State – Elizabeth II *Governor-General – Dame Silvia Cartwright, succeeded by Anand Satyanand Government The 48th New Zealand Parliament continued. Government was a coalition between Labour and the Progressives, with United Future and New Zealand First supporting supply votes. The leaders of the two support parties are ministers outside Cabinet. *Speaker of the House – Margaret Wilson (Labour) *Prime Minister – Helen Clark (Labour) *Deputy Prime Minister – Michael Cullen (Labour) *Minister of Finance – Michael Cullen (Labour) Non-Labour ministers *Jim Anderton (Progressives) (within Cabinet) *Winston Peters (New Zealand First) – Minister of Foreign Affairs, Racing and Associate Minister of Senior Citizens (out ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australia
Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, smaller islands. With an area of , Australia is the largest country by area in Oceania and the world's List of countries and dependencies by area, sixth-largest country. Australia is the oldest, flattest, and driest inhabited continent, with the least fertile soils. It is a Megadiverse countries, megadiverse country, and its size gives it a wide variety of landscapes and climates, with Deserts of Australia, deserts in the centre, tropical Forests of Australia, rainforests in the north-east, and List of mountains in Australia, mountain ranges in the south-east. The ancestors of Aboriginal Australians began arriving from south east Asia approximately Early human migrations#Nearby Oceania, 65,000 years ago, during the Last Glacial Period, last i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Helen Clark
Helen Elizabeth Clark (born 26 February 1950) is a New Zealand politician who served as the 37th prime minister of New Zealand from 1999 to 2008, and was the administrator of the United Nations Development Programme from 2009 to 2017. She was New Zealand's fifth-longest-serving prime minister, and the second woman to hold that office. Clark was brought up on a farm outside Hamilton. She entered the University of Auckland in 1968 to study politics, and became active in the New Zealand Labour Party. After graduating she lectured in political studies at the university. Clark entered local politics in 1974 in Auckland but was not elected to any position. Following one unsuccessful attempt, she was elected to Parliament in as the member for Mount Albert, an electorate she represented until 2009. Clark held numerous Cabinet positions in the Fourth Labour Government, including minister of housing, minister of health and minister of conservation. She was the 11th deputy prime ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Don Brash
Donald Thomas Brash (born 24 September 1940) is a former New Zealand politician who was Leader of the Opposition and Leader of the New Zealand National Party from October 2003 to November 2006, and the Leader of ACT New Zealand from April to November 2011. In 1988, Brash became Governor of the Reserve Bank of New Zealand, a position which he held for the next fourteen years. In April 2002, before the general election on 27 July, Brash resigned from his position to stand as a list MP for the National Party. He was elected, despite significant losses for National in that election. He challenged Bill English for leadership of the National Party, being elected Leader on 28 October 2003. On 27 January 2004, Brash delivered his controversial Orewa Speech, expressing opposition to perceived Māori separatism, through New Zealand's equitable measures designed to benefit them. At the 17 September 2005 general election, National under Brash's leadership made major gains and achieved w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Party Of New Zealand
The New Zealand National Party ( mi, Rōpū Nāhinara o Aotearoa), shortened to National () or the Nats, is a centre-right political party in New Zealand. It is one of two major parties that dominate contemporary New Zealand politics, alongside its traditional rival, the Labour Party. National formed in 1936 through amalgamation of conservative and liberal parties, Reform and United respectively, and subsequently became New Zealand's second-oldest extant political party. National's predecessors had previously formed a coalition against the growing labour movement. National has governed for five periods during the 20th and 21st centuries, and has spent more time in government than any other New Zealand party. After the 1949 general election, Sidney Holland became the first prime minister from the National Party, and remained in office until 1957. Keith Holyoake succeeded Holland, and was defeated some months later at a general election by the Labour Party in 1957. Holyoake r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bondi, New South Wales
Bondi () is a suburb of eastern Sydney, in the state of New South Wales, Australia, seven kilometres east of the Sydney central business district, in the local government area of Waverley Council. It is often colloquially referred to as "Bondy". Geography Bondi is a mostly medium and high-density residential area centred on Bondi Road, where the shopping area is situated. Bondi Beach is a neighbouring suburb and beach on the east side of Bondi. Bondi Junction is a neighbouring suburb and commercial centre to the west of Bondi. Tamarama, Bronte and Waverley are situated on the south side of Bondi. History Bondi is said to be a corruption of an Aboriginal word ''boondi'' meaning ''water breaking over rocks''. It has been spelt a number of different ways over time, e.g. Boondi, Bundi, Bundye. The current spelling was accepted in 1827. The whole Bondi area was part of an 1809 land grant of to road-builder William Roberts. In 1851, Edward Smith Hall, editor of the ''Sydney Moni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
OBERAC
The acronym OBERAC stands for: 'operating balance excluding revaluations and accounting changes'. The government of New Zealand uses OBERAC as an indicator of current cash flow A cash flow is a real or virtual movement of money: *a cash flow in its narrow sense is a payment (in a currency), especially from one central bank account to another; the term 'cash flow' is mostly used to describe payments that are expected .... The OBERAC is not an accurate indicator of what the government has to spend, i.e. it is not the cash surplus. Instead, the OBERAC includes capital expenditure, State Owned Enterprise retained profits, capital gains and many other minor issues. References Politics of New Zealand {{econ-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Parliament Of New Zealand
The New Zealand Parliament ( mi, Pāremata Aotearoa) is the unicameral legislature of New Zealand, consisting of the King of New Zealand (King-in-Parliament) and the New Zealand House of Representatives. The King is usually represented by his governor-general. Before 1951, there was an upper chamber, the New Zealand Legislative Council. The New Zealand Parliament was established in 1854 and is one of the oldest continuously functioning legislatures in the world. It has met in Wellington, the capital of New Zealand, since 1865. The House of Representatives normally consists of 120 members of Parliament (MPs), though sometimes more due to overhang seats. There are 72 MPs elected directly in electorates while the remainder of seats are assigned to list MPs based on each party's share of the total party vote. Māori were represented in Parliament from 1867, and in 1893 women gained the vote. Although elections can be called early, each three years Parliament is dissolved and go ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tax Cuts
A tax cut represents a decrease in the amount of money taken from taxpayers to go towards government revenue. Tax cuts decrease the revenue of the government and increase the disposable income of taxpayers. Tax cuts usually refer to reductions in the percentage of tax paid on income, goods and services. As they leave consumers with more disposable income, tax cuts are an example of an expansionary fiscal policy. Tax cuts also include reduction in tax in other ways, such as tax credit, deductions and loopholes. How a tax cut affects the economy depends on which tax is cut. Policies that increase disposable income for lower- and middle-income households are more likely to increase overall consumption and "hence stimulate the economy". Tax cuts in isolation boost the economy because they increase government borrowing. However, they are often accompanied by spending cuts or changes in monetary policy that can offset their stimulative effects. Types Tax cuts are typically cuts in th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
.jpg "Click for more on -> National Party Of New Zealand")
