Formats and related files
The Savings Working Group presented its final report to the Minister of Finance in January 2011. The Minister of Finance authorised the final report to be released here on 1 February 2011.
We are delighted to complete this Report for you.
In the time available it required an intense effort and I thank everyone who contributed to it, in particular, the members of this Group and its secretariat.
The Report presents well-considered, robust and, where necessary, pragmatic views on economic policy and saving issues which we consider merit serious consideration, especially in the current economic and financial market context. However, some of our recommendations do require further detailed fiscal analysis, which we did not have time to complete.
While our Terms of Reference excluded some issues this was not a significant constraint as our views on them are implicit in our higher-level analysis.
Our views will challenge some strongly held and entrenched attitudes, and differ in some areas from genuinely held perspectives where the position is not helped by data difficulties. However, we are confident in the merits of the views in our Report, as a sound and realistic basis for policy.
Savings Working Group
Kerry McDonald MCom(Hons) DCom(hc) FAICD AFIOD – Chairman
Dr Craig Ansley PhD FIA
Visiting Professor, Macquarie University
Dr Andrew Coleman PhD
Senior Fellow, Motu Economic and Public Policy Research
Senior Lecturer, Department of Economics, University of Otago
Mary Holm MBA
Financial Columnist and Author
Dr John McDermott PhD
Assistant Governor, Reserve Bank of New Zealand
Paul Mersi BCA
Financial Services Consultant
Stephen Toplis MSocSci
Head of Research, Bank of New Zealand
Secretariat: Treasury (Brian McCulloch, Geoff Lewis, Paul Rodway, Lisa Meehan, Jaime Alaimoana), Inland Revenue Department (Matt Benge, David Carrigan), Reserve Bank of New Zealand (Phil Briggs, Daan Steenkamp), Statistics New Zealand (Jeff Cope).
Part 2 – the full story, more detail, technical in parts.
Part 3 – more detailed and technical supporting information for Part 2.
The presentation is designed to meet the needs of a variety of readers and this results in some repetition of important points.