Tag: treasury

Budget 2025: Government Prioritizes Fiscal Responsibility and Economic Growth

29 Apr 2025 8:33 p.m. · Source: Federated Farmers

Finance Minister Nicola Willis announces reduced Budget 2025 operating allowance, emphasizing fiscal responsibility and economic growth amidst global uncertainty, with a focus on debt reduction and careful spending choices.

Politics and Government Business Economy Nicola Willis Budget 2025 Economic Growth Fiscal Management Government Debt Treasury
Reserve Bank Funding Reduced by 25% in New Agreement

16 Apr 2025 2:58 p.m. · Source: Federated Farmers

The Government and the Reserve Bank have agreed to reduce the bank's operating expenses by 25% in the coming year. The new agreement allocates $750 million in operating expenses and $25.6 million for capital expenditure.

Reserve Bank Nicola Willis Government Funding Treasury Operating Expenses Finance