Tax hikes and the role of the Reserve Bank up for debate

Tax hikes and the role of the Reserve Bank up for debate
Staff reporters
Parliament will go into Urgency on Tuesday to pass a tax hike on high income earners.The first full sitting week of the 53rd Parliament will also debate changes to Reserve Bank legislation at a time when the role of the central bank is the subject of heated debate.Leader of the House Chris Hipkins said after Question Time on Tuesday the government will introduce a motion declaring a climate change emergency. In the evening, the House will be put into Urgency “to pass bills on tax changes and other matters.” He did not state what the...

More Economy

First look at NZICC, and SkyCity's hopes for $70m fund
Economy

First look at NZICC, and SkyCity's hopes for $70m fund

SkyCity's COO says a new govt fund should help fill empty hotel rooms across Auckland.

Dileepa Fonseka 15 Sep 2025
Banks revise economic outlooks for Q2 GDP contraction
Finance

Banks revise economic outlooks for Q2 GDP contraction

Economists now see NZ's GDP contracting in Q2, but doubt a technical recession in Q3.

Andy Macdonald 15 Sep 2025
Adrian Orr’s first commercial post-RBNZ gig revealed
Economy

Adrian Orr’s first commercial post-RBNZ gig revealed

Orr backs the Māori economy in his first executive gig since quitting.

Pattrick Smellie 12 Sep 2025
Retail card spending climbs for third month
Retail

Retail card spending climbs for third month

The total amount spent using electronic cards was $9.3 billion.

Chido Machingura 12 Sep 2025