The New Zealand Labour Party has announced that it will be launching a cross-country bus tour in protest to the National Party’s proposed Good and Service Tax rate increase. Phil Goff, Labour Party leader, announced on February 22nd that a two week protest bus-tour will be launched on February 28th to fight the possibility of a the GST rate being raised to 15 percent. He claimed that the tour’s aim was to visit New Zealand communities and "to show them just ... Read More

New Zealand Prime Minister John Key has stated that he wishes to see the country transformed into an international financial hub, focused on the administration of overseas pension funds. Speaking in a television interview on February 14th, John Key disclosed that the Government is investigating the possibility of creating infrastructure to facilitate and encourage the registration and administration of international pension funds within the country. The concept was suggested and detailed to the Prime Minister personally by the Capital Markets Taskforce in December ... Read More

The New Zealand Business Council for Sustainable Development (NZBCSD) is encouraging New Zealander’s to focus on the long-term positive effects of tax changes and not the “day-one impacts” of any Government reform propositions. In a press release issued on February 12th the NZBCSD has stated that they are in full support of equating top personal, corporate and trust tax rates, along with lowering across the board personal rates and broadening the tax base, while raising taxes on consumption, as proposed by Prime Minister ... Read More