Business of Government: another Nats tax hole? OIA wins and fails, and more...

Business of Government: another Nats tax hole? OIA wins and fails, and more...
Is that a fiscal hole I see? Or just a small dent? (Image: Unsplash)
Jem Traylen
Is there really another hole in National’s tax plan?No, not really, is the answer to the question being raised by some journalists about whether the true cost of the National party’s proposal to reverse interest deductibility for landlords is much higher than it's allowed for in its tax plan.The document that has the press pack talking is a briefing by tax officials from last November saying that higher-than-expected interest rates mean an extra $360 million would be collected over the forecast period to June 2026, plus an extra...

More Policy

Air NZ's A-list influencer play
Economy Analysis

Air NZ's A-list influencer play

Air New Zealand's day of the bigwigs gives corporates a say. 

Pattrick Smellie 02 Dec 2023
The RBNZ looks to have one more hike up its sleeve
Economy

The RBNZ looks to have one more hike up its sleeve

There is a 75% chance of another 25 basis point rate hike. 

Rebecca Howard 30 Nov 2023
RBNZ stays on hold at 5.5%, strikes more hawkish tone
Economy

RBNZ stays on hold at 5.5%, strikes more hawkish tone

The move was expected but the higher track is a surprise. 

Rebecca Howard 29 Nov 2023