ELECTION 2020: Greens back wealth taxes, ACC reform, guaranteed minimum incomes

Pattrick Smellie
Sun, 28 Jun 2020

Pattrick Smellie
Sun, 28 Jun 2020
The Green Party has launched its first major new policy for the Sept. 19 election, ditching its previous advocacy of a capital gains tax for wealth taxes targeted at people with more than $1 million in assets of any kind, a guaranteed minimum income of $325 a week, and expanding the accident compensation system to cover earnings lost by illness. Two new tax rates targeting high income earners would kick in at 37 cents in the dollar for people earning over $100,000 a year and 42 cents in the dollar for incomes over $150,000. The top tax rate...
Election 2020 FREE
ELECTION 2020: National MP under pressure to resign after 'dirty politics' disclosures
Pattrick Smellie | Tue, 07 Jul 2020

National's Clutha-Southland MP Hamish Walker is under intense pressure to resign as a candidate for the National Party.

Markets
MARKET CLOSE: NZ shares rise with continual central bank support
Dan Brunskill | Tue, 07 Jul 2020

New Zealand shares rose for a fourth day as investors bet that further central bank stimulus and ongoing low interest rates will continue to support equities. The S&P/NZX 50 Index gained 87.52 poin...

Markets
NZ dollar treads water as covid-19 cases spike in Melbourne
Jenny Ruth | Tue, 07 Jul 2020

The New Zealand dollar was little changed after volatile trading driven by swings in China's share market but could follow its Australian counterpart lower if the state of Victoria imposes a return to...

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