The clauses, which are causing concern and are modelled on directors’ liability laws, were at the heart of the supreme court’s Mainzeal appeal held earlier this month.
A temporary cut to fuel taxes was a quick fix. But we need serious long-term solutions for other price increases.
Public transport operators were collecting $350 million in fares pre-covid. What if it all went away?
The 350 individuals and families with more than $50 million in net assets paid $26m in income tax in 2018 while their companies paid $639m in tax and their trusts paid $102m.