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Politics

CRL critical for Auckland’s future - Goff

Auckland Mayor Phil Goff has said that tighter financial management will help fund an additional $500 million requested by City Rail Link Limited (CRLL) for construction of the transformational underground rail project.

Waikato Chamber of Commerce please CGT has been dumped

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.

"Our members, our businesses and our community are please that this tax proposal has been scrapped.

Government upholds status quo over Capital Gains Tax - AAAP

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 benefits a wealthy few.

REINZ welcomes Labour’s announcement that it will not proceed with CGT

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 a capital gains tax.

483 days of uncertainty for nothing - Act Party

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

"But the uncertainty created by the Government will have done real harm to the economy.

Govt makes the right call on CGT - Leggett

The Road Transport Forum has welcomed the Government’s decision not to go ahead with a Capital Gains Tax.

Capital Gains Tax back down a win for Kiwis but more taxes coming

After 18 months of waiting and a $2 million tax working group, National’s relentless opposition to a Capital Gains Tax has forced the Government to back down, Leader of the Opposition Simon Bridges says.

CAFCA welcomes review of the Overseas Investment Act

The Campaign Against Foreign Contropl of Aotearoa (CAFCA) welcomes the announcement by Associate Finance Minister David Parker that a review of the Overseas Investment Act "might" give Ministers "'full discretion' to decide whether the purchase of assets worth more than $100 million by foreign in

Taxpayers' Union welcomes Government backdown on CGT

The Government has listened to the thousands of New Zealanders around the country who told it to Axe this Tax, says the New Zealand Taxpayers’ Union.

NZ First statement on the coalition govt's decision on TWG report

New Zealand First Leader Winston Peters has welcomed Cabinet’s decision not to implement an extension of capital gains taxation, following the Prime Minister’s statement in response to the Tax Working Group Report.