Legislation will also reinsert that its purpose is to promote, not manage, oil and gas exploration.
Raising taxes too early ‘the worst thing we could do’ - Geof Nightingale.
Monetary policy committee says economic situation has deteriorated since it last met.
Those looking for a budget hand-out may not get all they want, Ardern has indicated.
But the Treasury recognised the economic impact could be worse than expected.
Economic stalwarts are at odds with the pleas of tourism operators and others for a lifeline.
But opportunities for private providers; extra money to clear backlog of cases.
The government has to first pass a bill on Tuesday allowing the shift to level 2.
It said the market for local government bonds had become dysfunctional.
Each person spent $520 less in April than they did in March.