National’s gambling tax – a sure bet?

National’s gambling tax – a sure bet?
Gambling policy a bit of a gamble. (Image: Getty)
Jem Traylen
The National party thinks there’s a massive tax loophole in online gambling worth $176 million a year, but do the figures stack up, and could they really get a regulatory regime in place by July 1 next year?Thanks to the “Netflix tax” introduced by National in 2016, the government already collects $38m in GST from online casinos, but National thinks there’s a significant share of the market not covered by the tax net – plus, they want digital casinos to pay company tax and casino duties on top (local licensed opera...

More Policy

Auckland housing project withdrawn from fast-track
Policy

Auckland housing project withdrawn from fast-track

The developer plans to lodge a fresh application after draft decline.

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
Real estate industry wants AML levy exemption
Finance

Real estate industry wants AML levy exemption

The real estate industry is warning an AML levy will drive up costs in the sector.

Michael Neilson 15 Sep 2025
Craigs' sweet spot for golden visa investors
Finance

Craigs' sweet spot for golden visa investors

Billionaires can go solo. For other wealthy investors, there's Craigs' new fund.