web analytics

Posts Tagged ‘panama papers’

The magical disappearing Foreign Trust industry

Written By: - Date published: 9:03 am, July 6th, 2017 - 22 comments

National’s original claims that New Zealand was not a tax haven are in tatters as the Sherwan rule changes have resulted in the mass exodus of Foreign Trusts from New Zealand.

Panama Papers fallout – trusts leaving NZ

Written By: - Date published: 10:16 am, June 13th, 2017 - 118 comments

Herald: “More than 1800 foreign trusts have told Inland Revenue they don’t want to register under new rules that require them to reveal financial information and their ultimate owners.”

Panama Papers – Mossack Fonseca founders arrested

Written By: - Date published: 8:09 am, February 13th, 2017 - 30 comments

In the story that keeps rolling on, Mossack Fonseca founders arrested for money laundering.

Dodgy foreign trusts – will English take action?

Written By: - Date published: 9:43 am, January 19th, 2017 - 24 comments

Matt Nippert continued his excellent work on foreign trusts yesterday in The Herald. Will Bill English clean up the mess that John Key was determined to ignore?

Nats backsliding on tax haven law changes

Written By: - Date published: 7:54 am, November 1st, 2016 - 20 comments

The Nats are backsliding on implementing the law changes brought on by the Panama Papers revelations. If European regulators blacklist us the consequences will be catastrophic.

Panama Papers – Nat U-turn complete

Written By: - Date published: 1:11 pm, July 13th, 2016 - 28 comments

Having ignored the IRD and other advice, having insulted calls for transparency as “barking mad”, today the Nats’ U-turn on disclosure for foreign trusts is complete.

From barking mad to common sense in one easy U turn

Written By: - Date published: 9:32 am, June 28th, 2016 - 65 comments

April Key said our foreign trusts had full disclosure and proposals to increase transparency were “barking mad”. June Key is going to implement “sensible and well-reasoned” proposals to increase disclosure and transparency.

Panama papers – Shewan inquiry – our rules are inadequate

Written By: - Date published: 4:25 pm, June 27th, 2016 - 26 comments

There were many who were concerned that John Shewan was not a good choice for an inquiry into NZ’s tax haven system. Seems we owe Shewan an apology, as initial reaction suggests that he has done a good job.

More Panama papers and other dirty money

Written By: - Date published: 6:38 am, May 30th, 2016 - 143 comments

Both One News and The Herald have pieces this morning highlighting different cases of dirty money being “filtered” through NZ. Panama papers, National donors, SkyCity and more…

The real reason that politicians will take no action on tax haven corruption

Written By: - Date published: 8:04 am, May 16th, 2016 - 22 comments

panamapapersoccupations

Matthew Hooton and the Radio New Zealand post

Written By: - Date published: 9:29 am, May 15th, 2016 - 192 comments

Radio New Zealand recently published a piece penned by well known supporter of the right Matthew Hooton.  What has happened to the concept of balance?

Take action on tax haven corruption? NZ says – meh

Written By: - Date published: 3:04 pm, May 14th, 2016 - 51 comments

The Nats are all over the place on this, and they’re trashing our reputation in the process.

Fixing the tax haven – what’s the downside?

Written By: - Date published: 10:37 am, May 13th, 2016 - 75 comments

Fixing our tax haven loopholes is easy but Key won’t act. Why?

John Key’s dead cat strategy

Written By: - Date published: 9:14 am, May 12th, 2016 - 52 comments

National is hoping to avoid a proper debate about issues raised by the Panama Papers by raising a series of idiotic diversions.

Key lashes out with the smears over tax haven status

Written By: - Date published: 9:36 am, May 11th, 2016 - 122 comments

Key was disgraceful in parliament yesterday, doing his buffoon act to try and trivialise the tax haven issue, and lashing out with the smears.

Sprung again – Key’s “lawyer” has close links to Mossack Fonseca

Written By: - Date published: 8:01 am, May 10th, 2016 - 170 comments

Contrary to Prime Minister John Key’s categorical assertion, his “lawyer”, Ken Whitney, has been found to have links to Mossack Fonseca, the Panama law firm at the centre of a global scandal on tax evasion and avoidance, TVNZ reported today.

John Key vs the world

Written By: - Date published: 7:02 am, May 10th, 2016 - 22 comments

Is John Key the only international leader defending tax havens? Includes bonus international media round up of yesterday’s revelations.

The link between tax havens, criminals and the amoral rich

Written By: - Date published: 2:23 pm, May 9th, 2016 - 162 comments

“The Panama Papers issue is either illegal, or verging on illegal, it’s tax evasion, rather than tax avoidance,” Brash said.

John Key chickens out of #panamapapers interview

Written By: - Date published: 8:31 am, May 9th, 2016 - 37 comments

This morning John Key refused to be interviewed on Radio New Zealand after learning that they intended to ask him questions about the Panama Papers.  And some elements of the media are for some strange reason trying to say there is nothing to see because he personally has not been implicated.

NZ exporting poverty

Written By: - Date published: 8:23 am, May 9th, 2016 - 15 comments

By enabling tax evasion for the rich in other (notably South American) countries NZ is exporting poverty. It’s all perfectly legal. And that’s exactly the problem.

Panama Papers whistleblower cites Pacific isles, NZ, for good reasons

Written By: - Date published: 6:37 pm, May 8th, 2016 - 23 comments

Jurgen Mossack told Field his business involved people “trying to avoid paying taxes in their home countries” – crucially “avoidance”, “unlike evasion”, is within the law.

John, Ken and Mark might have had much better weeks

Written By: - Date published: 8:00 pm, May 7th, 2016 - 14 comments

“I did a little yelp of joy…like an excited puppy,” wrote Farrier, the former Newsworthy presenter at TV3, on hearing of Weldon’s resignation

Why was John Key singled out by Panama Papers hacker?

Written By: - Date published: 1:03 pm, May 7th, 2016 - 169 comments

Why, out of all the rotten, corrupt and unprincipled nations of the earth, did the Panama Papers hacker single out New Zealand’s John Key for special mention?

Panama leaker’s statement singles out John Key

Written By: - Date published: 10:31 am, May 7th, 2016 - 162 comments

Over night the Panama Papers leaker “John Doe” released a “manifesto”.

In it he/she mentioned just one national leader by name, singling out our very own John Key, for his “curious silence”…

Another Panama dump on NZ links

Written By: - Date published: 6:00 pm, May 6th, 2016 - 80 comments

Australia’s Financial Review has just published more details of NZ’s starring role as tax haven in the Panama Papers.

Update: Claims that Key’s lawyer never dealt with Mossack Fonseca seem to be – untrue.

A week is a long time in politics

Written By: - Date published: 10:36 am, May 5th, 2016 - 17 comments

Over the past week the Government has gone from “there is no problem with the Overseas Investment Office” to announcing an urgent review and a staffing boost to make sure that approvals of foreign purchases of land are being properly processed.

Tax haven questions for National

Written By: - Date published: 7:02 am, May 2nd, 2016 - 36 comments

The weekend saw the pressure stay on National over our tax haven status, and the role Key might have played in protecting it.

Dunne concerned about “extremely damaging” tax haven label – years too late

Written By: - Date published: 3:35 pm, May 1st, 2016 - 52 comments

Peter Dunne is concerned about the ‘extremely damaging’ tax haven label. Guyon Espiner points out that he used to call it ‘legitimate tax avoidance’.

Key’s Blind Trust vs Our Blind Faith

Written By: - Date published: 4:19 pm, April 29th, 2016 - 29 comments

So Key’s lawyer reckons the PM directly requested that trust industry leaders lobby the Revenue Minister. On the other hand, PM DunnoKeyo reckons he did no such thing. That leaves some really big questions …

Grant Robertson: Full independent inquiry needed to save New Zealand’s reputation

Written By: - Date published: 10:17 am, April 29th, 2016 - 35 comments

Grant Robertson is calling for a full inquiry into circumstances surrounding the Government’s 2015 decision not to review the country’s foreign tax rules.

Bowron on a tired government

Written By: - Date published: 2:53 pm, April 18th, 2016 - 349 comments

Jane Bowron writes in the Dominion Post: “Two things happened this week that could signal the beginning of the end of John Key and his government.”

Recent Comments

Recent Posts

  • Speech to ANZLF Virtual Indigenous Business Trade and Connections Event
    I acknowledge our whānau overseas, joining us from Te Whenua Moemoeā, and I wish to pay respects to their elders past, present, and emerging. Thank you for the opportunity to speak with you all today. I am very pleased to be part of the conversation on Indigenous business, and part ...
    BeehiveBy beehive.govt.nz
    40 mins ago
  • Main benefits to increase in line with wages
    Social Development and Employment Minister Carmel Sepuloni announced today that main benefits will increase by 3.1 percent on 1 April, in line with the rise in the average wage. The Government announced changes to the annual adjustment of main benefits in Budget 2019, indexing main benefit increases to the average ...
    BeehiveBy beehive.govt.nz
    19 hours ago
  • Deed of Settlement signed with Ngāti Maru (Taranaki)
    A Deed of Settlement has been signed between Ngāti Maru and the Crown settling the iwi’s historical Treaty of Waitangi claims, Minister for Treaty of Waitangi Negotiations Andrew Little announced today. The Ngāti Maru rohe is centred on the inland Waitara River valley, east to the Whanganui River and its ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Support in place for people connected to Auckland COVID-19 cases
    With a suite of Government income support packages available, Minister for Social Development and Employment Carmel Sepuloni is encouraging people, and businesses, connected to the recent Auckland COVID-19 cases to check the Work and Income website if they’ve been impacted by the need to self-isolate. “If you are required to ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Statement on passing of former PNG PM Sir Michael Somare
    Prime Minister Jacinda Ardern has expressed her condolences at the passing of long-serving former Prime Minister of Papua New Guinea, Grand Chief Sir Michael Somare. “Our thoughts are with Lady Veronica Somare and family, Prime Minister James Marape and the people of Papua New Guinea during this time of great ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Drone project to aid protection of Māui dolphin
    The Government is backing a new project to use drone technology to transform our understanding and protection of the Māui dolphin, Aotearoa’s most endangered dolphin.    “The project is just one part of the Government’s plan to save the Māui dolphin. We are committed to protecting this treasure,” Oceans and Fisheries ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • New water regulator board announced as major Government reform moves forward
    Major water reform has taken a step closer with the appointment of the inaugural board of the Taumata Arowai water services regulator, Hon Nanaia Mahuta says. Former Director General of Health and respected public health specialist Dame Karen Poutasi will chair the inaugural board of Crown agency Taumata Arowai. “Dame ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • North Auckland gets public transport upgrade
    The newly completed Hibiscus Coast Bus Station will help people make better transport choices to help ease congestion and benefit the environment, Transport Minister Michael Wood and Auckland Mayor Phil Goff said today. Michael Wood and Phil Goff officially opened the Hibiscus Coast Bus Station which sits just off the ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Supporting work to protect Northland reserve
    New funding announced by Conservation Minister Kiri Allan today will provide work and help protect the unique values of Northland’s Te Ārai Nature Reserve for future generations. Te Ārai is culturally important to Te Aupōuri as the last resting place of the spirits before they depart to Te Rerenga Wairua. ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Critical step to new housing deal for Pacific communities
      Today the Government has taken a key step to support Pacific people to becoming Community Housing providers, says the Minister for Pacific Peoples, Aupito William Sio. “This will be great news for Pacific communities with the decision to provide Pacific Financial Capability Grant funding and a tender process to ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Consultation opens on proposed Bay of Islands marine mammal sanctuary
    Conservation Minister Kiri Allan is encouraging New Zealanders to have their say on a proposed marine mammal sanctuary to address the rapid decline of bottlenose dolphins in Te Pēwhairangi, the Bay of Islands. The proposal, developed jointly with Ngā Hapū o te Pēwhairangi, would protect all marine mammals of the ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Three District Court Judges appointed
    Attorney-General David Parker today announced the appointment of three new District Court Judges.    Two of the appointees will take up their roles on 1 April, replacing sitting Judges who have reached retirement age.     Kirsten Lummis, lawyer of Auckland has been appointed as a District Court Judge with jury jurisdiction to ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Government announces list of life-shortening conditions guaranteeing early KiwiSaver access
    Government announces list of life-shortening conditions guaranteeing early KiwiSaver access The Government changed the KiwiSaver rules in 2019 so people with life-shortening congenital conditions can withdraw their savings early The four conditions guaranteed early access are – down syndrome, cerebral palsy, Huntington’s disease and fetal alcohol spectrum disorder An alternative ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Reserve Bank to take account of housing in decision making
    The Reserve Bank is now required to consider the impact on housing when making monetary and financial policy decisions, Grant Robertson announced today. Changes have been made to the Bank’s Monetary Policy Committee’s remit requiring it to take into account government policy relating to more sustainable house prices, while working ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Investment to reduce cochlear implant waitlist
    The Labour Government will invest $6 million for 70 additional adult cochlear implants this year to significantly reduce the historical waitlist, Health Minister Andrew Little says. “Cochlear implants are life changing for kiwis who suffer from severe hearing loss. As well as improving an individual’s hearing, they open doors to ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Māori wards Bill passes third reading
    The Local Electoral (Māori Wards and Māori Constituencies) Amendment Bill passed its third reading today and will become law, Minister of Local Government Hon Nanaia Mahuta says. “This is a significant step forward for Māori representation in local government. We know how important it is to have diversity around ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Government delivers 1,000 more transitional housing places
    The Government has added 1,000 more transitional housing places as promised under the Aotearoa New Zealand Homelessness Action Plan (HAP), launched one year ago. Minister of Housing Megan Woods says the milestone supports the Government’s priority to ensure every New Zealander has warm, dry, secure housing. “Transitional housing provides people ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Second batch of Pfizer/BioNTech doses arrives safely – as the first vaccinations take place in the...
    A second batch of Pfizer/BioNTech vaccines arrived safely yesterday at Auckland International Airport, COVID-19 Response Minister Chris Hipkins says. “This shipment contained about 76,000 doses, and follows our first shipment of 60,000 doses that arrived last week. We expect further shipments of vaccine over the coming weeks,” Chris Hipkins said. ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • $18 million for creative spaces to make arts more accessible
    The Minister for Arts, Culture and Heritage Carmel Sepuloni has today announced $18 million to support creative spaces. Creative spaces are places in the community where people with mental health needs, disabled people, and those looking for social connection, are welcomed and supported to practice and participate in the arts ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Moriori Claims Settlement Bill passes first reading
    Treaty of Waitangi Negotiations Minister Andrew Little today welcomed Moriori to Parliament to witness the first reading of the Moriori Claims Settlement Bill. “This bill is the culmination of years of dedication and hard work from all the parties involved. “I am delighted to reach this significant milestone today,” Andrew ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Government action reduces child poverty
    22,400 fewer children experiencing material hardship 45,400 fewer children in low income households on after-housing costs measure After-housing costs target achieved a year ahead of schedule Government action has seen child poverty reduce against all nine official measures compared to the baseline year, Prime Minister and Minister for Child Poverty ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Entries open for the 2021 Prime Minister’s Education Excellence Awards
    It’s time to recognise the outstanding work early learning services, kōhanga reo, schools and kura do to support children and young people to succeed, Minister of Education Chris Hipkins says. The 2021 Prime Minister’s Education Excellence Awards are now open through until April 16. “The past year has reminded us ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Jobs for Nature benefits three projects
    Three new Jobs for Nature projects will help nature thrive in the Bay of Plenty and keep local people in work says Conservation Minister Kiri Allan. “Up to 30 people will be employed in the projects, which are aimed at boosting local conservation efforts, enhancing some of the region’s most ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Improvements to the Holidays Act on the way
    The Government has accepted all of the Holidays Act Taskforce’s recommended changes, which will provide certainty to employers and help employees receive their leave entitlements, Workplace Relations and Safety Minister Michael Wood announced today. Michael Wood said the Government established the Holidays Act Taskforce to help address challenges with the ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • NZ’s credit rating lifted as economy recovers
    The Government’s handling of the COVID-19 pandemic and faster than expected economic recovery has been acknowledged in today’s credit rating upgrade. Credit ratings agency Standard & Poor’s (S&P) today raised New Zealand’s local currency credit rating to AAA with a stable outlook. This follows Fitch reaffirming its AA+ rating last ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Speech to National Remembrance Service on the 10th anniversary of the Christchurch earthquake
    Tena koutou e nga Maata Waka Ngai Tuahuriri, Ngai Tahu whanui, Tena koutou. Nau mai whakatau mai ki tenei ra maumahara i te Ru Whenua Apiti hono tatai hono, Te hunga mate ki te hunga mate Apiti hono tatai hono, Te hunga ora ki te hunga ora Tena koutou, Tena ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government reaffirms urgent commitment to ban harmful conversion practices
    The Minister of Justice has reaffirmed the Government’s urgent commitment, as stated in its 2020 Election Manifesto, to ban conversion practices in New Zealand by this time next year. “The Government has work underway to develop policy which will bring legislation to Parliament by the middle of this year and ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • New creative service aims to benefit 1,000 peoples’ careers
    Minister for Arts, Culture and Heritage and Social Development Hon Carmel Sepuloni today launched a new Creative Careers Service, which is expected to support up to 1,000 creatives, across three regions over the next two years. The new service builds on the most successful aspects of the former Pathways to ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Honey exporters busy meeting surging demand
    Overseas consumers eager for natural products in the face of the COVID-19 pandemic have helped boost honey export revenue by 20 percent to $425 million in the year to June 30, 2020, Agriculture Minister Damien O’Connor says.   “The results from the latest Ministry for Primary Industries’ 2020 Apiculture Monitoring ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government delivers more wellbeing support for young people
    Thanks to more than $10-million in new services from the Government, more rangatahi will be able to access mental health and addiction support in their community. Minister of Health Andrew Little made the announcement today while visiting Odyssey House Christchurch and acknowledged that significant events like the devastating earthquakes ten ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government eases visa restrictions for visitors in New Zealand
    Two month automatic visitor visa extension for most visitor visa holders Temporary waiver of time spent in New Zealand rule for visitor stays Visitor visa holders will be able to stay in New Zealand a little longer as the Government eases restrictions for those still here, the Minister of Immigration ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Push for sustainable tourism gathers pace
    The Tourism and Conservation Ministers say today’s report by the Parliamentary Commissioner for the Environment (PCE) adds to calls to overhaul the tourism model that existed prior to COVID19. “The PCE tourism report joins a chorus of analysis which has established that previous settings, which prioritised volume over value, are ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Government extends dietary supplements regulations
    The Government is providing certainty for the dietary supplements industry as we work to overhaul the rules governing the products, Minister for Food Safety Dr Ayesha Verrall said. Dietary supplements are health and wellness products taken orally to supplement a traditional diet. Some examples include vitamin and mineral supplements, echinacea, ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • New Zealand to join the Council of Europe Convention on Cybercrime
    The Government is joining the Council of Europe Convention on Cybercrime (the Budapest Convention), Justice Minister Kris Faafoi and Minister for the Digital Economy and Communications Dr David Clark announced today. The decision progresses a recommendation by the Royal Commission of Inquiry into the Christchurch terror attack to accede to ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Appointment round in 2021 for Queen's Counsel
    Attorney-General David Parker announced today that an appointment round for Queen’s Counsel will take place in 2021.  Appointments of Queen’s Counsel are made by the Governor-General on the recommendation of the Attorney-General and with the concurrence of the Chief Justice. The Governor-General retains the discretion to appoint Queen’s Counsel in ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Government support for businesses kicks in
    The new Resurgence Support Payment passed by Parliament this week will be available to eligible businesses now that Auckland will be in Alert Level 2 until Monday. “Our careful management of the Government accounts means we have money aside for situations like this. We stand ready to share the burden ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Final preparations to ensure Phase 1 of the vaccination rollout is ready to go
    A dry run of the end-to-end process shows New Zealand’s COVID-19 vaccination programme is ready to roll from Saturday, when the first border workers will receive the Pfizer/BioNTech vaccine, COVID-19 Response Minister Chris Hipkins says. “The trial run took place in Auckland, Wellington and Christchurch yesterday afternoon, ahead of the ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Free Period products to be available in all schools and kura
    From June this year, all primary, intermediate, secondary school and kura students will have access to free period products, Prime Minister Jacinda Ardern and Associate Education Minister Jan Tinetti announced today. The announcement follows a successful Access to Period Products pilot programme, which has been running since Term 3 last ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Government accounts remain in good shape
    The latest update shows the Government’s books are again in better shape than forecast, meaning New Zealand is still in a strong position to respond to any COVID-19 resurgence. The Crown Accounts for the six months to the end of December were better than forecast in the Half-year Economic and ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • New DOC strategy champions responsible enjoyment of the outdoors
    The Department of Conservation’s (DOC) new Heritage and Visitor Strategy is fully focused on protecting and enhancing the value of New Zealand’s natural, cultural and historic heritage, while also promoting a sustainable environmental experience, Conservation Minister Kiri Allan says. “It has been a quarter of a century since DOC first developed ...
    BeehiveBy beehive.govt.nz
    2 weeks ago