Business Scoop


Kick-start for KiwiSaver best incentive to increase savers

Article – Martin Hawes

While the Government is not progressing with a Capital Gains Tax, proposed changes to KiwiSaver from the Tax Working Group (TWG) will affect many people. These remain on the table. However, the TWG has missed a huge opportunity to make a real difference … Read more »

ANZASW on response to Tax Working Group report

Press Release – Aotearoa NZ Association of Social Workers

The Aotearoa New Zealand Association of Social Workers (ANZASW) notes the release of the governments response to the Tax Working Group (TWG) report this week. Read more »

Water tax decision and environmental improvements

Press Release – Irrigation NZ

IrrigationNZ says the governments decision not to introduce a water tax in the near future is good news for all New Zealanders. Read more »

REINZ welcomes Labour’s CGT announcement

Press Release – REINZ

The Real Estate Institute of New Zealand (REINZ) has today welcomed the announcement from the Prime Minister that Labour will not be adopting a capital gains tax (CGT), following feedback from the majority of New Zealanders that they do not believe in … Read more »

Capital Gains Tax Axing Good News for Small Business

Press Release – Retail NZ

Retail NZ says today’s announcement that the Capital Gains Tax will not proceed is great news for small businesses. Read more »

Dunne Speaks: The Capital Gains Tax U-Turn

Press Release – Peter Dunne

In my Newsroom Column last week about the proposed Capital Gains Tax I wrote that “Notwithstanding her own strong feelings in favour of a comprehensive capital gains tax, [the Prime Minister] needs to recognise the depth of public opposition … Read more »

Old man holds country hostage for 17 months, expects thanks

Press Release – ACT New Zealand

Old man holds country hostage for 17 months, expects thanks The idea that New Zealanders should thank Winston Peters for saving them from a capital gains tax would be laughable if it werent so serious, says ACT Leader David Seymour. Read more »

UPDATE: No capital gains tax while Ardern leader

Article – BusinessDesk

April 17 (BusinessDesk) – Prime Minister Jacinda Ardern says the public has spoken and she won’t introduce a capital gains tax while she leads the Labour Party. Read more »

Closing the Gap statement on CGT decision

Press Release – Closing The Gap

Todays decision ruling out a Capital Gains Tax for New Zealand is hypocritical from a Government that campaigned on improving wellbeing, reducing inequality and governing on the basis of fairness, efficiency, and rationality, said Peter Malcolm, … Read more »

No capital gains tax a relief for owners and tenants

Press Release – Stop the War on Tenancies

Rental property owners and tenants will be relieved that pressure from hundreds of thousands of voters and taxpayers forced the ideologically-driven Prime Minister to drop the ideologically-driven capital gains tax, Tenancies War spokesman Mike … Read more »

Waikato Businesses pleased Government has dumped the CGT

Press Release – Waikato Chamber of Commerce

Chris Simpson CEO of the Waikato Chamber of Commerce is pleased for the 55,000 businesses operating in the Waikato that the CGT has been dumped. Read more »

Government rules out implementing capital gains tax

Article – BusinessDesk

April 17 (BusinessDesk) – The government has ruled out taxing capital gains as opposed to the wide-ranging proposal put forward by the majority of its Tax Working Group. Read more »

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