Grant Robertson on a Modern Monetary Policy Framework


The year 1989 was a watershed for a host of reasons here in New Zealand and around the world. First and foremost, Seinfeld premiered on television. In all seriousness, the Berlin Wall fell as the implosion of the so-called Eastern Bloc moved apace. Ronald Reagan was finishing his eight years as President of the United States. Tim Berners-Lee produced the first design for a world wide web and the first internet connection in New Zealand came through the University of Waikato.

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Now is the time

At the age of 20, I became a father.

I was in my final year at university and I was working part-time at a cinema, while my partner was working full-time in a hospitality job. We were both earning just over the minimum wage and living in a damp and mouldy private rental house in the Hutt Valley.

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Grant Robertson: Speech to launch the Budget Responsibility Rules

Today we are announcing the framework that will guide our approach to managing the economy if we are given the honour of leading a government after the September election. These rules give a clear direction to New Zealanders that we will balance our commitment to investing in critical areas with responsible stewardship of the economy on their behalf.

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Our Budget Responsibility Rules: Unpacked

We want an economy that works for all New Zealanders, which allows us to invest in housing, health, and education. And that means one that is run responsibly, fairly and within our means.

With that in mind, we’ve set out five rules by which we’ll manage New Zealand’s economy:

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Why it's time to change the Government: Tofik Mamedov

In 1995, I arrived in Auckland from Azerbaijan. When I stepped off that plane I was 16 years old, and I was enrolled straight away at Mt Roskill Grammar despite knowing barely any English at all.

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7 ways we're backing young Kiwis

Bill English doesn’t have a lot of faith in our young people. Just last year, he described young men looking for work as ‘pretty damn hopeless’.

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Why it's time to change the Government: Ginny Andersen

As a kid I was taught to work hard. I started out delivering newspapers and by 15, I was earning $3.78 an hour in a supermarket.

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6 of the coolest policies we’ve announced (so far!)

We’re all about giving Kiwis the best opportunities possible, and we’ve never been afraid to come up with ambitious policy to match.

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Gisborne Regional Development Factsheet

The issue:

Regional New Zealand is being left out of the growing economy. The Gisborne/Hawke’s Bay region has the highest unemployment rate in the country. Nearly one in five working age adults in Gisborne region are currently on benefits, at a cost of more than $80m a year.

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My thoughts on Bill English's State of the Nation speech

This afternoon, Bill English delivered what was supposed to be his first major speech as Prime Minister. But instead we got a skinny version of a Labour policy, and no new ideas for the biggest challenges facing New Zealand.

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