'The speed is good': Hitting fast forward on FIF changes may halt entrepreneur flight

'The speed is good': Hitting fast forward on FIF changes may halt entrepreneur flight
Sam Blackman, back in hometown Rotorua, may stick around for a tax policy less punishing to startup founders. (Image: Supplied)
Garth Bray
A new capital gains tax on individuals at a 70% discount rate might seem like an odd win, but entrepreneurs who had planned to depart New Zealand before facing more immediate liability are now reconsidering as details emerge of rapid changes coming to the foreign investment fund (FIF) tax regime.“It significantly increases the likelihood of us sticking around,” Sam Blackman, an NZ entrepreneur among those making the case for change, said.Hard on the heels of an announcement last week timed for the infrastructure investment summit in...

More Policy

Govt announces first three 'regional deal' contenders
Policy

Govt announces first three 'regional deal' contenders

Ministers want regions to consider 'asset recycling', among other funding tools.

‘Bluewater backbone’: Lyttelton, Auckland ports plan $1b+ of upgrades
Policy

‘Bluewater backbone’: Lyttelton, Auckland ports plan $1b+ of upgrades

Two of the biggest NZ ports are raising prices as they plan major investments.

'There are some firms in NZ I won’t touch'
Policy

'There are some firms in NZ I won’t touch'

Adam Feeley on the reluctance to call out poor performers in NZ infrastructure sector.

Oliver Lewis 30 Jun 2025
Govt mandates high-rise zoning around key CRL stations
Policy

Govt mandates high-rise zoning around key CRL stations

Auckland Council will need to provide for building heights of at least 10-15 storeys.

Oliver Lewis 25 Jun 2025