Dec 7, 2011
The results of a new study shows that New Zealand is lagging behind other OECD countries in income equality. On December 6th the Organization for Economic Cooperation and Development (OECD) released Divided We Stand: Why Inequality Keeps Rising, a report into income inequalities around the world. According to the report, the richest 10 percent of [...]
The results of a new study shows that New Zealand is lagging behind other OECD countries in income equality.
On December 6th the Organization for Economic Cooperation and Development (OECD) released Divided We Stand: Why Inequality Keeps Rising, a report into income inequalities around the world.
According to the report, the richest 10 percent of New Zealanders earn approximately 10 times more than the poorest 10 percent. In the 1980s the ratio was approximately 6 to 1. New Zealand’s current inequality levels put ... Read More
Mar 9, 2011
The Revenue Minister has revealed that New Zealanders will now be able to donate to Christchurch through their annual tax returns. On March 8th the New Zealand Minister of Revenue Peter Dunne gave a speech to the Tax Agents Institute of New Zealand, regarding the government’s current outlook on the tax system. During his speech, [...]
The Revenue Minister has revealed that New Zealanders will now be able to donate to Christchurch through their annual tax returns.
On March 8th the New Zealand Minister of Revenue Peter Dunne gave a speech to the Tax Agents Institute of New Zealand, regarding the government’s current outlook on the tax system. During his speech, the Minister unveiled a new method of donating to the recovery of Christchurch.
The Minister said that last year New Zealanders claimed tax credits of NZD 154 million for ... Read More
May 27, 2010
The International Monetary Fund (IMF) has released two separate reports analyzing the future potential economic output and fiscal balances of the New Zealand economy. On May 26th the IMF released The Potential Contribution of Fiscal Policy to Rebalancing and Growth in New Zealand and Potential Growth of Australia and New Zealand in the Aftermath of [...]
The International Monetary Fund (IMF) has released two separate reports analyzing the future potential economic output and fiscal balances of the New Zealand economy.
On May 26th the IMF released The Potential Contribution of Fiscal Policy to Rebalancing and Growth in New Zealand and Potential Growth of Australia and New Zealand in the Aftermath of the Global Crisis, two separate working papers concerning aspects of the New Zealand and Australian economies, in the face of the receding effects of the global economic crisis.
The ... Read More
May 22, 2010
Reactions are beginning to emerge regarding the 2010 New Zealand Government Budget. The latest fiscal policy changes have garnered relatively neutral results, although some changes have received widespread welcome. On May 20th the New Zealand Government revealed its latest budget, introducing numerous personal income tax rate decreases, measures to close loopholes in the tax treatment [...]
Reactions are beginning to emerge regarding the 2010 New Zealand Government Budget. The latest fiscal policy changes have garnered relatively neutral results, although some changes have received widespread welcome.
On May 20th the New Zealand Government revealed its latest budget, introducing numerous personal income tax rate decreases, measures to close loopholes in the tax treatment of rental properties, and an unexpected cut to the level of corporate taxation. According to a poll conducted by New Zealand Taxation, nearly 60 percent of respondents claimed ... Read More
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