Phil Goff

New Zealand Tax Revenue Down by $3.18 Billion

In its latest Tax Outturn report, the New Zealand Government has revealed that the total unconsolidated tax revenues for the seven months to January 2010 were 9 percent lower than the same period last year, and 0.1 percent below previous forecasts.

NZ Benefit Numbers Drop

On March 7th the New Zealand Government revealed that over the month of February the number of individuals on the Unemployment benefit had dropped by 4 224, the largest decrease since the beginning of the recession.

Tertiary Funding Faces Overhaul

The New Zealand Government has announced that from 2012 the tertiary-education funding scheme will be changed to reflect the academic performance of institutions and not just their enrollment numbers.

NZIER Predicts Slow Economic Recovery

The New Zealand Institute of Economic Research (NZIER) has released its latest report, in which it describes New Zealand’s economic recovery over the upcoming years as “jagged”, along with “bumpy and subdued”.

Church Donation Tax Cheat Sentenced

An Upper Hut resident who defrauded the Inland Revenue Department (IRD) for NZD 41 000 by using a system fake church donations has been sentenced to seven months home detention and 120 hours of community service.

Feb 24, 20100

Labour Party to Launch GST Protest Tour

Categories: New Zealand Taxation

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 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

Sep 17, 20090

Phil Goff Promises No Tax Rise

Categories: New Zealand Finance, New Zealand Taxation

Labour Party Leader Phil Goff has made a myriad of promises to New Zealand in regards to his party’s future taxation ideas. On the 12th of September at a Labour Party conference in Rotorua, Phill Goff, Labour Party leader vowed that if Labour were to be re-elected there would be no rise in personal taxation, GST or introduction of Capital Gains tax. The concession on the capital gains tax remains that it applies exclusively to first homes and not investment and rental properties. It ... Read More

Feb 10, 20090

Minimum Wage Raised

Categories: New Zealand Finance

The New Zealand minimum wage has been raised from $12 to $12.50. The Government has announced that as of the 1st of April 2009, the new minimum wage will rise from $12 to $12.50. The youth training and new entrant wage will also rise from $9.60 to $10. This equates to a 4.16 % rise in the minimum wage rate and the same in the new entrant wage. This percentage increase is above last year’s annual inflation rate of 3.4%. New Zealand Prime Minister ... Read More

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