'Visitor levy referendum opens door to bold regional policy making'

The announcement of a referendum to gauge public support for a Queenstown visitor levy is welcomed by LGNZ, who noted the town’s exceptional challenges, where a population of 28,000 people provide infrastructure for over three million visitors a year.

Capital gains tax plan not geared for capital losses

The fact that the Tax Working Group wants to ring-fence capital losses shows that they haven’t come to grips with how a proposed capital gains tax would work when assets are losing value, Tenancies War spokesman Mike Butler said today.

Tax report 'challenges political parties to take non-partisan approach'

The Tax Working Group today delivered an important report that will serve to inform governments and policymakers well in future, says the representative body for more than 2,000 accountants.

Tax Working Group recommendations like cold porridge - Social Credit

The report of Michael Cullen's tax working group will be about as innovative and forward looking as a bowl of yesterday's cold porridge.

It will be as complicated to work through, and the recommendations will leave as unpleasant an after-taste for the vast majority of New Zealanders.

Brewing worth $2.3b in NZ - Brewers Association NZ

Brewing in New Zealand report highlights the economic contribution of one of the country’s favourite beverages

- Beer in New Zealand is a $2.3 billion dollar industry

- Brewing contributed $646 million to government last year in GST and Excise Tax

116,000 loss-making rental property owners may sell - Tenancies War

Confirmation from Inland Revenue last week that 116,000 owners declared a loss on earnings in the 2016/17 tax year shows that ring-fencing of tax losses for rental properties could soon result in 116,000 fewer rentals, Tenancies War spokesman Mike Butler said today.

Oyster Property Group secures award-winning tech property

Auckland’s award-winning C:Drive tech hub is to be offered for syndication by property and funds manager, Oyster Property Group, with a projected pre-tax cash return of 6.5 per cent per annum.

Gull announces Discount Day across North Island

Pack your bags, buckle up the kids and get ready for a road trip this weekend as Gull announces its Discount Day taking place from 7am Thursday 24th until midday (12pm) Friday 25th January with 10 cents off per litre, on all fuel types across their entire network.

Inflation stuck in neutral, up 0.1 percent in December quarter - Stats NZ

The consumers price index (CPI) was up 0.1 percent in the December 2018 quarter despite lower petrol prices, and cheaper vegetables and cigarettes, Stats NZ said today.

Wealth gaps on the increase - Tax Justice Aotearoa

Oxfam’s challenge to governments round the world is set out in its latest report, Public Good or Private Wealth? Tax Justice Aotearoa (TJA) welcomes the study which shines a light on how the extreme gap between the rich and poor is undermining the fight against poverty.