Otago Daily Times: Political News

Govt confirms shake-up of foreign trusts

Govt confirms shake-up of foreign trusts

The Government has confirmed a shake-up of foreign trusts following a review sparked by the Panama Papers.

PM: Reserve Bank unlikely to cut OCR

PM: Reserve Bank unlikely to cut OCR

The Reserve Bank is unlikely to cut the official cash rate in response to the turmoil caused by British voters' decision to leave the European Union, Prime Minister John Key says.

Key plays down Brexit impact on NZ economy

Key plays down Brexit impact on NZ economy

Prime Minister John Key says Kiwis will see very little impact on the New Zealand economy despite the Brexit rattling global markets today.

Brexit: Strong relationships to continue

Brexit: Strong relationships to continue

Prime Minister John Key says New Zealand will continue to have strong relationships with Britain and the European Union in the wake of the Brexit vote.

$60m to target highway blackspots

$60m to target highway blackspots

An extra $60 million a year will be used to remove blackspots on state highways, in a move that could save 900 lives and serious injuries over the next decade, the Government has announced.

Ombudsman slams inquiry into MFAT leak

Ombudsman slams inquiry into MFAT leak

The Ombudsman has heavily criticised the State Services Commission and the Government's troubleshooter Dame Paula Rebstock for the way they conducted an inquiry into a leak at the Foreign Affairs ministry.

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