OECD urges capital gains tax, deposit insurance and regulatory certainty

Mon, 03 Jun 2013

By Pattrick Smellie June 4 (BusinessDesk) – A report on New Zealand by the Organisation for Economic Cooperation and Development supports key elements of the Labour and Green parties’ policies for making the economy grow faster and distribute wealth more fairly. Its two-yearly review of the economy recommends a capital gains tax, permanent deposit insurance for banks that are “too big to fail” and raising the age of government pension entitlement, all of which are key Opposition party policies. However, it also says “policies are generally o...

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