Let's give New Zealanders shares in our country's wealth

Meridian shares sold today would have had a 16% compounded annual return. (Image: Meridian)

Sat, 12 Aug 2023

There's been a huge amount of ink spilled recently on tax policy, fiscal stimulus, inequality and so on. I'd love to see some form of capital gains tax or wealth tax, but I've also been thinking about the other side of the equation – generating wealth.  Both major parties have been taken to task about housing wealth, but a recent incident showed another path to the increase in inequity in NZ. I recently sold some Meridian shares.  I knew they'd done well, but the numbers are quite amazing. I bought them in t...

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