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Tax Working Group proposes capital gains tax in all but name

Press Release – New Zealand Taxpayers’ Union

Extending the net of capital income taxation will still hit taxpayers, says the New Zealand Taxpayers Union. Read more »

Capital Gains Tax still hangs over NZ

Press Release – New Zealand National Party

Todays report from the Tax Working Group will do little to reduce fears that more taxes are going to be imposed on New Zealand households and businesses, Nationals Finance spokesperson Amy Adams says. Read more »

Latest appointment to Treasury board bizarre

Press Release – New Zealand Taxpayers’ Union

In light of recent concerns over a lack of economic expertise, its odd that Treasury has appointed a brand and marketing expert to its board , says the New Zealand Taxpayers Union. Read more »

WWF NZ CEO Livia Esterhazy appointed to Treasury Board

Press Release – WWF

Secretary to the Treasury Gabriel Makhlouf has appointed Livia Esterhazy as a new non-executive director on the Treasurys Board. Read more »

Oxfam report on multinational drug companies misleading

Press Release – Inland Revenue Department

Oxfam report on the tax affairs of multinational drug companies labelled misleading by Inland Revenue Read more »

Govt ponders enduring wellbeing measures, oversight agency

Article – BusinessDesk

Sept. 12 (BusinessDesk) – Embedding specific wellbeing indicators into Public Finance Act may provide short-term certainty but could prove less durable if those yardsticks change over time, the government says. Read more »

Rangitaki article – “The impact of fiscal policy in NZ”

Press Release – New Zealand Treasury

The Treasury has published its latest Treasury Staff Insights: Rangitaki article, The impact of fiscal policy in New Zealand. The article is available here: http://bit.ly/2oUrGcr Read more »

Leader of the House on today’s appropriation review report

Press Release – New Zealand Government

Leader of the House Chris Hipkins said a triennial report tabled in Parliament today was an independent report not a Government report. The National Party were consulted on it before it was finalised. Read more »

Monthly Economic Indicators report August 2018

Press Release – New Zealand Treasury

The Monthly Economic Indicators report for August 2018 is now available on the Treasury website: https://treasury.govt.nz/publications/mei/monthly-economic-indicators-august-2018-html Key points: Solid retail sales growth to underpin private consumption growth … Read more »

Govt’s borrowing tricks show debt target is bogus

Press Release – New Zealand National Party

promises has been shown up as bogus, with the Treasury confirming it had deep concerns about debt hidden off-balance sheet, Nationals Finance spokesperson Amy Adams says. Read more »

Officials: Budget 18 racing tax breaks unjustified

Press Release – ACT New Zealand

Government officials have slated Winston Peters Budget 18 tax breaks for the racing industry in advice released today by the Treasury. Read more »

NZ stepping into exciting unchartered Wellbeing Budget era

Press Release – Make Lemonade

The days of mainly fiscal-only Budgets are over. New Zealand is entering into an exciting era embracing new measures of success, leading New Zealand economic research agency BERL says. Read more »

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