April 26: D-Day for rich taxpayers report

April 26: D-Day for rich taxpayers report
Revenue minister David Parker – a long-time advocate for wealth taxes. (Image: NZME/Mark Mitchell)
Pattrick Smellie
Research on how much tax New Zealand’s wealthiest citizens pay will be released on April 26, a year to the day since revenue minister David Parker outlined the case for taxing wealth as well as income to make the tax system fairer.Coming three weeks ahead of the May 18 annual government budget, the findings of separate studies by the Inland Revenue Department (IRD) and the Treasury are expected to provide both a guide to and rationale for any tax reforms the government may be planning to announce in the budget, or for new Labour party pol...

More Economy

Independent costings needed for tough political decisions
Economy

Independent costings needed for tough political decisions

The time is now for an Independent Fiscal Institution.

Brave-faced craft chocolate industry finds strength in unity
Retail

Brave-faced craft chocolate industry finds strength in unity

More than 30 boutique chocolate companies raised the bar at Chocstock.

Medicine working but business confidence continues to fall
Finance

Medicine working but business confidence continues to fall

Confidence in retail and construction rose, while other sectors were more downbeat.

Tom Raynel 27 Jun 2024
NZ dollar takes higher Aussie and Canadian inflation in stride
Economy

NZ dollar takes higher Aussie and Canadian inflation in stride

Inflation was higher than expected in both markets.

Rebecca Howard 27 Jun 2024