Business Scoop


Praise for listening to feedback on CGT challenges

Press Release – Chartered Accountants Australia and New Zealand

Chartered Accountants Australia and New Zealand (CA ANZ) today praised the Coalition Government for listening to feedback on the challenges of wide-ranging tax reforms and the importance of maintaining the integrity and simplicity of the tax system. Read more »

E tū very disappointed by CGT announcement

Press Release – E Tu

E t, the biggest private sector union in New Zealand, is very disappointed that the Government will not adopt any of the Tax Working Groups recommendations on introducing a capital gains tax (CGT). Read more »

Alliance and CRL Cost Announcements

Press Release – City Rail Link

The preferred bidder is the Link Alliance (Vinci Construction Grands Projet S.A.S., Downer NZ Ltd, Soletanche Bachy International NZ Limited, WSP Opus (NZ) Limited, AECOM New Zealand Limited and Tonkin + Taylor Limited Read more »

Tax Justice Aotearoa statement on CGT announcement

Press Release – Citizens for Tax Justice

Tax Justice Aotearoa New Zealand is deeply disappointed that the coalition Government has not moved on capital gains tax and has failed to take up the challenge. Read more »

Government upholds status quo over Capital Gains Tax

Press Release – Auckland Action Against Poverty

The Government’s rejection of a Capital Gains Tax upholds the status quo it promised to change in the lead up to the election and Government formation. Auckland Action Against Poverty condemns the Government’s decision to not fix our tax system which … Read more »

NZPIF applauds Government’s capital gains tax decision

Press Release – NZ Property Investors Federation

The NZ Property Investors Federation (NZPIF) applauds the decision not to introduce a capital gains tax said Andrew King, Executive Officer of the NZPIF. This tax would have no effect on the housing market except to make rentals more expensive. … Read more »

483 days of uncertainty for nothing

Press Release – ACT New Zealand

Taxpayers will be relieved at the news the Government has backed down on a comprehensive capital gains tax, says ACT Leader David Seymour. Read more »

Government makes right decision on CGT

Press Release – Canterbury Employers’ Chamber Of Commerce

The Governments decision to not adopt the proposed capital gains tax (CGT) is the “right decision given the impact it would have had on business”, says Canterbury Employers Chamber of Commerce Chief Executive Leeann Watson. Read more »

Govt makes the right call on CGT

Press Release – Road Transport Forum

The Road Transport Forum has welcomed the Governments decision not to go ahead with a Capital Gains Tax. Read more »

The right call made on CGT, Feds says

Press Release – Federated Farmers

The decision not to proceed with a Capital Gains Tax is heartening evidence that the coalition government is willing to put well-reasoned and practical considerations in front of ideology, Federated Farmers says. Read more »

EMA says CGT decision is good news for SMEs

Press Release – EMA

The EMA says it is relieved that the government has decided not to proceed with a capital gains tax because of the detrimental effect it would have had on the productivity and growth of small to medium-sized businesses. Read more »

CGT decision: The opportunity cost of a lost opportunity

Press Release – Public Service Association

Todays announcement by Prime Minister Jacinda Ardern that the coalition government has completely ruled out all options for a capital gains tax for the foreseeable future is a lost opportunity for lasting tax reform says the Public Service Association … Read more »

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