tax
Categories under tax
- capital gains (104)
- gst (55)
UK sugar tax
Written By: - Date published: 11:47 am, March 17th, 2016 - 27 comments
The UK has done the sensible thing for public health and introduced “a new tax on sugary drinks”. The Herald asks: UK sugar tax – could NZ be next?
Fonterra faces liquidity issues as rivers of “white oil” dry up
Written By: - Date published: 5:47 pm, March 8th, 2016 - 141 comments
Pundits, most residing in the National Party, just three years ago predicted the economy would surf high on “rivers of white oil” flowing from the dairy industry, but they now have cow pats splattered on their faces as Fonterra today announced another payout downgrade and signalled liquidity pressures.
National the party of economic lunacy
Written By: - Date published: 10:02 am, February 10th, 2016 - 166 comments
A “$17 billion hole in the economy”. An estimated $18 billion lost because National stopped investing in the super fund. A record national debt. And we’re still talking about tax cuts? Lunacy!
The great big list of John Key’s big fat lies (UPDATED)
Written By: - Date published: 7:00 am, January 27th, 2016 - 79 comments
How many more lies will John Key tell today in his so-called State of the Nation address? Virtual chocolate fish to whomever guesses the closest number.
The problem with free market capitalism
Written By: - Date published: 11:16 am, January 9th, 2016 - 249 comments
This morning’s Herald contains a story about a young man who with a family gift has managed to purchase eleven houses over the past five years and can afford to pay World of Warcraft all day.
Read my lips – some new taxes
Written By: - Date published: 11:23 am, November 20th, 2015 - 29 comments
Getting mommy to dispense the drugs
Written By: - Date published: 12:52 pm, October 28th, 2015 - 32 comments
Now that cannabis is going legal and heading for the neighbourhood social gatherings where mothers sell addictive substances (like cosmetics and kitchenware) to each other. Lets legalize it, tax it HEAVILY, and could someone please give Helen Kelly and others like her the relief that they can use.
No, National shouldn’t have balanced the books.
Written By: - Date published: 9:30 am, August 28th, 2015 - 34 comments
Simon Louisson recently made a post about National’s profligacy, and all of the debt they have racked up. Guest poster Michael disagrees with Simon and says that “Yes, National was profligate.” and “No, National should not have balanced the books.”
In face of share market meltdown, Govt’s options limited
Written By: - Date published: 7:15 am, August 26th, 2015 - 55 comments
John Key says New Zealand has options in the face of a share market meltdown and is not like Greece (well that’s a relief). Simon Louisson asks how real are John Key’s options? Thanks to this Government’s profligate past spending, including irresponsible tax cuts, our options have narrowed drastically.
Parasite Drive; the NBR Rich List
Written By: - Date published: 10:50 am, July 31st, 2015 - 98 comments
The NBR’s annual list of the one percent is out. No surprises that the growing inequality in New Zealand is working well for the parasites at the top of the hill.
NRT: Facilitating tax cheats
Written By: - Date published: 4:25 pm, July 20th, 2015 - 15 comments
I/S at No Right Turn on a reported rush in demand ahead of new rules for real estate transactions aimed at cracking down on tax cheats and speculators.
NRT: This is wrong
Written By: - Date published: 1:44 pm, July 13th, 2015 - 49 comments
“Auckland’s median house price rising a record 26 per cent to $755,000 over the past year..”. This is what a bubble looks like: when your house “earns” a top-end salary just by existing. And its a perfect example of why we need a capital gains tax.
Lets restrain those damnfool knights eh?
Written By: - Date published: 10:52 pm, July 6th, 2015 - 20 comments
“THE struggle has been long and arduous. But gazing across the battered economies of the rich world it is time to declare that the fight against financial chaos and deflation is won. In 2015, the IMF says, for the first time since 2007 every advanced economy will expand.”. But lets restrain the damn fool ideological idiots from screwing it up. Like Bill English and his damn stupid taxcuts…
The myth of “Retirement Savings”
Written By: - Date published: 10:18 am, June 9th, 2015 - 101 comments
Advocates of Kiwisaver and other funded “retirement savings” schemes perpetuate the fundamental misunderstanding that “conventional” in New Zealand’s case “neo-liberal” economists, speculators, finance companies, politicians and those with a lot of share holding wealth in non-productive enterprises like to perpetuate.
Superannuation and Government forecasts
Written By: - Date published: 9:31 am, May 25th, 2015 - 197 comments
National has again refused to consider doing anything about the future of Superannuation. Yet its policies of increasing Crown debt, stopping contributions to the Cullen Fund and attacking Kiwisaver have made a discussion about the future of superannuation more important than ever.
English not even trying any more
Written By: - Date published: 7:04 am, May 24th, 2015 - 71 comments
Anyone remember departure tax?
Rushed policy is bad policy
Written By: - Date published: 7:10 am, May 19th, 2015 - 24 comments
National’s policy opens the door to more effective capital gains tax, thus irritating investors and their base, while probably not achieving anything in practice. The worst of both worlds. Bonus question – does this policy effectively underwrite losses when the property bubble bursts? Plus another bonus John Key lie!
Deborah Russell: Preliminary thoughts on the Government’s new tax
Written By: - Date published: 9:15 am, May 18th, 2015 - 48 comments
Deborah Russell is a senior lecturer in taxation at Massey University and was Labour’s candidate in Rangitīkei in the 2014 general election. In this post she sets out her preliminary views on National’s new tax.
CGT: the focus groups made Key do it
Written By: - Date published: 8:42 am, May 18th, 2015 - 39 comments
According to John Key the proposed tax on capital gains if a property is sold within two years of purchase is not a capital gains tax, there is no housing bubble in Auckland, and the proposed new tax does not represent a complete about face by the Government.
NRT: National’s hand-wringing on housing
Written By: - Date published: 4:12 pm, April 23rd, 2015 - 20 comments
Auckland house prices have exploded again. Houses get more capital gains than their inhabitants do in salaries. So what is the government doing about it? Nothing. They haven’t tried the economic basics.. Capital gains tax to decrease demand, or a building programme to increase supply. Meanwhile National’s landlord MPs laughing all the way to the bank…
Housing and capital gains tax
Written By: - Date published: 10:02 am, April 18th, 2015 - 91 comments
This week the Reserve Bank recommended adopting the Labour / Green capital gains tax, the National party denied and dithered, and Don Brash explained the truth about the property bubble.
(Image credit Foxy.)
Deborah Russell: does New Zealand actually have a capital gains tax?
Written By: - Date published: 2:00 pm, April 17th, 2015 - 65 comments
A guest post by Deborah Russell responding to Government claims that we already have a capital gains tax on the sale of land.
The difference between a surplus and landing a 747 on a pinhead
Written By: - Date published: 11:55 am, April 14th, 2015 - 16 comments
John Key’s latest pronouncement is that achieving a budget surplus is as difficult as landing a 747 on a pinhead. Michael Cullen must be a super airline pilot if this is the case.
UK Labour to crack down on tax cheats
Written By: - Date published: 11:34 am, April 12th, 2015 - 21 comments
UK Labour have promised “all-out war on tax avoidance and evasion”. NZ Labour should follow suit.
PM can’t calculate GST
Written By: - Date published: 7:24 am, March 18th, 2015 - 66 comments
Gotcha politics is all good sport when the opposition makes a mistake. How about Key’s self-inflicted blunder?
Another week another banking scandal
Written By: - Date published: 9:33 am, February 12th, 2015 - 91 comments
Another big tax evasion scandal with links to NZ. Don’t expect the government to spend any time looking in to this.
Polity: Crampton on online GST
Written By: - Date published: 2:49 pm, January 27th, 2015 - 33 comments
Rob Salmond has a bite at Eric Campton’s rather ideologically naive ideas about balancing up the GST playing ground between local and overseas retailers. Rather than not doing anything about it as Eric suggests and leaving local retailers flailing. Why not just make it simple as local collection of GST?
Bill Gates on Piketty and inequality
Written By: - Date published: 10:00 am, December 26th, 2014 - 64 comments
Thomas Piketty in his book Capital in the Twenty-First Century came to the strong conclusion that capitalism left by itself will increase inequality and cause increased risk of social, economic and democratic upheaval. He has an unlikely supporter, albeit critical, in Bill Gates, one of the richest men in the world.
Fudge-it-Budget
Written By: - Date published: 9:18 am, December 11th, 2014 - 31 comments
The lied about surplus in the run up to the 2014 National Election is looking like matching Penn and Teller for magical skills. It’s the ultimate disappearing act. Unlike bad economic figures when Labour is in Government, this isn’t National’s fault. Bill English says so. It’s all down to a whole lot of unusual and […]
In defence of John Key
Written By: - Date published: 9:09 am, November 18th, 2014 - 158 comments
Click-bait, moi?
No One’s Fault But Ours
Written By: - Date published: 5:45 pm, September 9th, 2014 - 66 comments
Nothing so clearly demonstrates John Key’s contempt for the New Zealand voter as his confidence that we will believe whatever he tells us. He has had ample experience to back up that confidence. The course taken by the dirty politics saga is perhaps the most obvious case in point. If the polls are to be […]
- What does the Mineral Resources crisis tell us about the state of corporate governance in Australia?
Source: The Conversation (Au and NZ) – By Gerhard Hambusch, Associate Professor, University of Technology Sydney Piotr Swat/Shutterstock The $7 billion Australian mining giant Mineral Resources (MinRes) is facing a governance crisis. Chris Ellison, the company’s founder and managing director, faces allegations of tax evasion and using company ...6 days ago - Commission Calls For The Promise Of Te Tiriti O Waitangi To Be Honoured
The Commission’s Rongomau Taketake Indigenous Rights Governance Partner, Dayle Takitimu, said the Government had completely ignored the Waitangi Tribunal’s recommendations in its interim report Ngā Mātāpono, including for the Bill to be abandoned. ...6 days ago - In your face: our acceptance of facial recognition technology depends on who is doing it – and whe...
Source: The Conversation (Au and NZ) – By Nicholas Xavier Dynon, Doctoral Candidate, Centre for Defence & Security Studies, Te Kunenga ki Pūrehuroa – Massey University Facial recognition technology is becoming more widely used, but this has not been matched by wider acceptance from the public. Controversies continue to ...6 days ago
- With Trump returning to the White House, what will happen to his court cases?
Source: The Conversation (Au and NZ) – By Markus Wagner, Professor of Law and Director of the UOW Transnational Law and Policy Centre, University of Wollongong US President-elect Donald Trump achieved a resounding victory on several fronts. He will comfortably govern with a likely majority in the Senate and the ...6 days ago
- Live: Prime Minister Christopher Luxon to speak
It comes after the Auditor-General rejected a request to investigate the government's tobacco tax decision. ...6 days ago - The Friday Poem: ‘COLD EROTICA’ by Loretta Riach
A new poem by Loretta Riach. COLD EROTICA Kiss me, Hardy, in the dark-robed blindness of passion, both of us pressed up against the parapets of your one bedroom apartment, a chill against the sliding door. Kiss me, stranger– harder than that! Give it to me like a sail full ...6 days ago - The Unity Books bestseller chart for the week ending November 8
The only published and available best-selling indie book chart in New Zealand is the top 10 sales list recorded every week at Unity Books’ stores in High St, Auckland, and Willis St, Wellington. AUCKLAND 1 Kai Feast by Christall Lowe (Bateman, $60) This from the publisher’s blurb is enough to get ...6 days ago
- Robert Patman: NZ shouldn’t be afraid to call Trump out
Donald Trump is labelling his win ‘the greatest political movement of all time’. How historic is it for someone (globally) to be elected president twice non-consecutively, especially with a tumultuous background?Like or dislike it, Donald Trump is arguably the most impactful US president during the 21st century. Elected twice as ...6 days ago - Nicola Willis announces Social Investment Board members
Former Treasury Secretary Dr Graham Scott - who previously stood for ACT - will lead the group, with Te Ururoa Flavell and Mike Williams also among the nine members. ...6 days ago
- NZQA defends difficulty of exams students say were ‘ridiculous’
'Excellence' grade questions are supposed to be hard, officials say, as students launch a petition. ...6 days ago
- Auditor-General rejects heated tobacco inquiry as out of scope
The Serious Fraud Office and Commerce Commission may be better placed to investigate, the watchdog says. ...6 days ago
- The many mysteries of A Remarkable Place to Die
Tara Ward watches TVNZ’s sleek and scenic new murder-mystery series. This is an excerpt from our weekly pop culture newsletter Rec Room. Sign up here. It’s a beautiful day in Central Otago for a car to plummet off a cliff. Somewhere deep inside Skipper’s Canyon, a car leaves the road and ...6 days ago
- Greens’ Copyright (Parody and Satire) bill to be debated in Parliament
A law change to protect comedians, critics and artists who poke fun at others with copyright material has been pulled from the ballot. ...6 days ago
- The Spinoff guide to life: How to be a good camper
Summer’s coming. It’s time to brush the dried grass out of your tent, and more importantly, brush up on your campsite manners. Ah, the joys of sleeping in a nylon dome. No ventilation, no insulation and no soundproofing. That little rock that wiggles its way through your long sponge masquerading ...6 days ago
- A survival guide for holidaying with your horrible children
Travelling with kids can test even the most patient of parents, but go in armed with these tried-and-true tips and you might just come out of it unscathed. When you become a parent, all manner of pleasant activities you once took for granted become distant memories: weekend sleep-ins, leisurely cafe brunches, ...6 days ago
- Crown companies directors’ fees hiked – and some doubled
Cash-strapped TVNZ is one of the 22 companies, but it’s ‘up to the directors’ whether they accept the fee increase The post Crown companies directors’ fees hiked – and some doubled appeared first on Newsroom. ...6 days ago
- Stage set for Treaty Principles Bill showdown
The controversial proposed legislation has been introduced to parliament just a week out from its first reading, writes Stewart Sowman-Lund in today’s extract from The Bulletin. To receive The Bulletin in full each weekday, sign up here. ...6 days ago
- The longest commute, day five: The long train to Auckland
Joel MacManus attempts to travel from the bottom to the top of the country without a car or plane. Today: the longest single trip on his journey. The mission: Get from Stewart Island to Cape Reinga as fast as possible using only public transport. Wherever I can, I’ll travel by ...6 days ago
- Elemeno P just released a song for the first time in 13 years – but is it real?
On Wednesday, kiwi legends Elemeno P dropped a new song. ‘Shiver’ either marks a huge change in direction, unfettered use of AI, copyright infringement or an upload error. Gabi Lardies investigates. “Woah this build up is crazy.” I’m watching my colleague listen to a song I’ve been replaying all morning. ...6 days ago
- What’s up with the curious resurrection of a beloved Wellington bookstore?
Vic Books closed down in January 2023, but its website and Twitter handle have risen from the dead. What’s going on? On October 10 this year, the dormant Vic Books Twitter handle rose like Lazarus with the following message: “Vic Books will be returning soon – your beloved bookstore now ...6 days ago
- Pahiatua’s Polish children return
If you’ve ever taken a stroll along Wellington’s waterfront you’ve probably seen the little plaque that tells the story of the Polish children of Pahiatua.On the 31st of October 1944, 733 Polish refugee children and 105 adult caregivers sailed into Wellington Harbour on the USS General Randall. On the first ...6 days ago
- Fixing Health NZ an ‘exceptional burden on one individual’ – Treasury
Official information from Treasury on the state of Te Whatu Ora reveals more about the people than about the finances The post Fixing Health NZ an ‘exceptional burden on one individual’ – Treasury appeared first on Newsroom. ...6 days ago
- Five reasons why Donald Trump won the US election
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- Rising netballer’s toss-up of two careers
Catherine Hall is facing a toss-up between her dual careers of sport and medicine, as one gathers momentum much faster than she’d expected.About to enter her fourth year of study on her way to becoming a doctor, Hall is also poised to play netball for New Zealand for the first ...6 days ago
- David Seymour’s lonely crusade
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- Daily crossword, Friday 8 November
The post Daily crossword, Friday 8 November appeared first on Newsroom. ...6 days ago
- Katherine Mansfield and the poster girls and boys
Cadence Chung is a juggler: words, opera, theatre, musicals all in the air while she studies singing at Victoria University. At high school she won the Mansfield short story award.Chung has published a book of poems. She writes and produces plays and musicals. She’s 21.She’d be nervous about meeting Katherine ...6 days ago
- Newsroom daily quiz, Friday 8 November
Loading…(function(i,s,o,g,r,a,m){var ql=document.querySelectorAll('A,DIV,A[data-quiz],DIV[data-quiz]'); if(ql){if(ql.length){for(var k=0;k<ql.length;k++){ql[k].id='quiz-embed-'+k;ql[k].href="javascript:var i=document.getElementById('quiz-embed-"+k+"');try{qz.startQuiz(i)}catch(e){i.start=1;i.style.cursor='wait';i.style.opacity='0.5'};void(0);"}}};i['QP']=r;i[r]=i[r]||function(){(i[r].q=i[r].q||[]).push(arguments)},i[r].l=1*new Date();a=s.createElement(o),m=s.getElementsByTagName(o)[0];a.async=1;a.src=g;m.parentNode.insertBefore(a,m)})(window,document,'script','https://take.quiz-maker.com/3012/CDN/quiz-embed-v1.js','qp');Got a good quiz question? Send Newsroom your questions. .wp-block-newspack-blocks-homepage-articles article .entry-title { font-size: 1.2em; } .wp-block-newspack-blocks-homepage-articles .entry-meta { display: flex; flex-wrap: wrap; align-items: center; margin-top: 0.5em; } .wp-block-newspack-blocks-homepage-articles article .entry-meta { font-size: 0.8em; } .wp-block-newspack-blocks-homepage-articles article .avatar { height: 25px; width: ...6 days ago
- This week’s bestselling books – November 8
FICTION1 The Songbirds of Florence by Olivia Spooner (Hachette, $37.99)Oho! Number one with a bullet in its first week in the shops; the author (and North Shore bookseller) really knows how to tell a story, and her latest novel (her first book, The Girl from London, was a smash hit ...6 days ago
- Food poisoning: it’s often, but not always, the chicken
A few days before the media swung into full-time live coverage of the US elections, international headlines were made by the unpleasant symptoms experienced by more than 100 University of Canterbury students, suffering the unpleasant and unbecoming symptoms of a foodborne illness presumed to have been caused by a contaminated ...6 days ago
- Last living member of the 28th Māori Battalion, Sir Robert ‘Bom’ Nairn Gillies, dies
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- Interim Financial Statements Of The Government Of New Zealand For The Three Months Ended 30 Septembe...
The September results are reported against forecasts based on the Budget Economic and Fiscal Update 2024 (BEFU 2024), published on 30 May 2024, and the results for the same period for the previous year. ...7 days ago
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- Cleaners Left In Limbo After Contract Change At Auckland Transport Sites
After MMS lost its contract to provide cleaning services for Auckland Transport sites to City Cleaning, cleaners’ pay and conditions should have been transferred to the new contractor under Part 6A of the Employment Relations Act. ...1 week ago
- Social Housing Cutbacks Confirmed As Govt Axes Another 310 Kāinga Ora Workers
This makes a total of 551 roles lost since April 2024, or one in six workers across the country. A third of the workforce is in Auckland. ...1 week ago
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An A to Z of iconic books matched with iconic holiday locations. Whether you’re an ultralight traveller armed with only a Kindle, or you’re a romantic who loves to schlepp your travel-worn paperbacks (lightly battered and eventually swapped with a stranger in a train station for their charmingly worn Dostoyevsky), ...1 week ago
- The longest commute, day four: Cruisin’ on the Interislander
Joel MacManus attempts to travel from the bottom to the top of the country without a car or plane. Today: can he finally leave Te Waipounamu? The mission: Get from Stewart Island to Cape Reinga as fast as possible using only public transport. Wherever I can, I’ll travel by train. ...1 week ago
- Photo essay: Living and learning on a bus
The Rasmussens have lived on the road for over a decade. Documentary series Home Education joined the ‘road-schooling’ family in their house bus. Bridie Rasmussen’s seven kids learn through collaborative family based projects – about everything from geography, history and politics through designing their own ancient civilisation. Their resourceful mum ...1 week ago
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