BUDGET 2018: Bracket creep, wage growth and avoidance crackdowns fuel tax take rise

BUDGET 2018: Bracket creep, wage growth and avoidance crackdowns fuel tax take rise

By Pattrick Smellie May 17 (BusinessDesk) - Rising wages that take people into higher tax brackets, a growing population fueling economic activity, and a series of new revenue-gathering crackdowns are forecast to yield the government $5.7 billion more tax revenue over the five...

Pattrick Smellie 17 May 2018
BUDGET 2018: New watchdogs for election spending promises, RMA, and EQC disputes

BUDGET 2018: New watchdogs for election spending promises, RMA, and EQC disputes

By Pattrick Smellie May 17 (BusinessDesk) - The Budget creates three new government quangos to run the rule over political parties’ spending promises, keep tabs on local governments’ administration of the Resource Management Act, and a special tribunal to sort out Canterbury e...

Pattrick Smellie 17 May 2018
BUDGET 2018: Construction sector bottleneck threatens growth and KiwiBuild outlook

BUDGET 2018: Construction sector bottleneck threatens growth and KiwiBuild outlook

By Pattrick Smellie May 17 (BusinessDesk) - Bottlenecks in the booming construction industry see weak growth in residential house-building over the next 12 months and have forced the Treasury to halve its forecast rate of progress on the government’s KiwiBuild affordable housi...

Pattrick Smellie 17 May 2018
BUDGET 2018: ProdCom tasked to investigate impacts of disruptive technology

BUDGET 2018: ProdCom tasked to investigate impacts of disruptive technology

By Pattrick Smellie May 17 (BusinessDesk) - The Productivity Commission will conduct an investigation into the impacts of technological change and disruption, and the future of work. The Budget announced the inquiry along with the inquiry into local government funding and f...

Pattrick Smellie 17 May 2018