SkyCity hole sucks up more taxpayer cash

Press Release – New Zealand Labour Party

More evidence that taxpayers are being ripped off by a Government playing fast and loose with their cash has been provided by Television New Zealand, the SOE caught up in the dodgy SkyCity deal, Labour Economic Development Spokesperson David Clark … Read more »

IRD happy with business transformation-lead Accenture

Article – BusinessDesk

March 11 (BusinessDesk) – The Inland Revenue Department is happy with lead provider Accenture to overhaul its 30-year-old information technology system in a major transformation of its business which so far is running under budget and on time. Read more »

Government Undermining Soe Act with Solid Energy Indemnity

Press Release – New Zealand Taxpayers’ Union

Responding to the reports that Solid Energy made a loss of $182 million this year, and that the Government has indemnified the companys directors, Taxpayers UnionExecutive Director, Jordan Williams, says: Read more »

Financial Statements of Govt of NZ, seven months to 31/1/15

Press Release – New Zealand Treasury

The Financial Statements of the Government of New Zealand for the seven months ended 31 January 2015 were released by the Treasury today. These statements are compared against forecasts based on the 2014 Half Year Economic and Fiscal Update (HYEFU) … Read more »

NZ govt posts small surplus in 7 mths to January

Article – BusinessDesk

March 11 (BusinessDesk) – The New Zealand government posted a small operating surplus in the seven months through January as tax revenue beat expectations, while costs were smaller than anticipated. Read more »

Free Press – ACT’s new regular bulletin – 9/3/15

Column – ACT New Zealand

We predict that technology will blur the line between public and private transport. This week Uber have launched Uber Pool in East Los Angeles. Up to four people going to similar places at similar times can share an Uber car by tapping their destination … Read more »

Rates rebate an option for older residents

Press Release – Auckland Council

The Auckland Council Seniors Advisory Panel says that many older residents in Auckland may not know that there are options available to assist with rates payments in cases of financial hardship. Read more »

Repayment deadline reminder for overseas borrowers

Press Release – Inland Revenue Department

Inland Revenue is reminding overseas-based student loan borrowers, that they need to make repayments by 31 March. Read more »

Todd McClay: ATAINZ Tax Conference

Speech – New Zealand Government

Thank you for inviting me here today. It is always a pleasure to address tax professionals. Read more »

Inland Revenue Faces “Novapay on Steroids”

Press Release – New Zealand First Party

Inland Revenues runaway information technology transformation projects are being likened to Novapay with another Australian contractor right at its centre, says New Zealand First. Read more »

Dunne And McClay Must Front up

Press Release – New Zealand Taxpayers’ Union

The Taxpayers Union is welcoming Labour Party revenue spokesperson, Clayton Cosgroves, challenge to former and current Revenue Ministers Peter Dunne and Todd McClay over the IRDs child support cost blowout. Yesterday the Taxpayers Union alerted … Read more »

Massive IRD Cost Blowout for Child Support Changes

Press Release – New Zealand Taxpayers’ Union

The Taxpayers Union is labelling a cost blowout by the IRD a shambles, highlighting official documents that show that taxpayers are in line to cop at least $163 million to roll back the 2013 reforms to the Child Support system. Executive Director of … Read more »

John Key Presents Clayton Solution to MP Pay

Press Release – New Zealand Taxpayers’ Union

The Taxpayers Union is welcoming the overhaul of the Remuneration Authority Act in relation to MPs’ pay, but is slamming the use of Parliamentary urgency to avoid the public getting an opportunity to have their say. Taxpayers UnionExecutive … Read more »

Government Should Stamp Out Taxpayer Funded Lobbying

Press Release – New Zealand Taxpayers’ Union

The Taxpayers Union believes that questions need to asked about why a lobby group, working with the Maori Party on a political campaign around tobacco plain packaging, is largely taxpayer funded. This mornings front page of the New Zealand Herald … Read more »

Ring-fenced debt a $367.90 rates hike?

Press Release – Hastings Against Amalgamation

A targeted rate to pay the Hastings District Councils $55.7-million public debt over five years, as implied by the Local Government Commission, could mean an extra $367.90 per year per ratepayer, Hastings Against Amalgamation spokesman Mike Butler … Read more »

Crocodile Tears From Members of Parliament

Press Release – New Zealand Taxpayers’ Union

Despite public comments bemoaning yesterdays back-dated pay hike, not a single member of Parliament intends to reject their pay rise, according to responses received by the Taxpayers Union . This morning the Union emailed every MP asking whether … Read more »

Appointments to Lottery Distribution Committees

Press Release – New Zealand Government

Internal Affairs Minister Peter Dunne today announced 13 new members to ten Lottery distribution committees with terms commencing on 2 March 2015. Read more »

Will MPs Put Taxpayers’ Money Where Their Mouth is?

Press Release – New Zealand Taxpayers’ Union

The Taxpayers Union is calling the bluff of MPs and has written to each one asking whether they will be accepting the backdated pay increases announced yesterday. Taxpayers Union Executive Director, Jordan Williams, says: Read more »

Tax changes to help SMEs

Press Release – KPMG

KPMG says key changes in the Tax Bill released yesterday will be welcomed by business. The key proposal in the Tax Bill is to allow start-up businesses undertaking R&D to cash up their tax losses. The proposal, announced in last years Budget, … Read more »

SBS Bank delivers healthy result

Press Release – SBS Bank

SBS Bank delivers healthy result. SBS Bank today declared a surplus before tax of $20.9 million for the nine months ended 31 December 2014, a 41% increase on the same period in 2013. Read more »

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