On December 16th, Peter Dunner, New Zealand Minister of Revenue, announced that the student loan repayment threshold for 2010-11 will remain unchanged. The threshold at which student loan holders are required to begin making repayments will remain at $19,084 for the 2010-11 year. The threshold is subject to an annual review, and typically is adjusted [...]

On December 16th, Peter Dunner, New Zealand Minister of Revenue, announced that the student loan repayment threshold for 2010-11 will remain unchanged. The threshold at which student loan holders are required to begin making repayments will remain at $19,084 for the 2010-11 year. The threshold is subject to an annual review, and typically is adjusted according in correspondence to the September consumer price index. The threshold is expected to be reviewed again for the 2011-2012 year. Commenting on the decision, Peter Dunne said ... Read More

A Coromandel woman has been sentenced to seven months home detention and 200 hours community service for tax charges. Georgie Jensen was sentenced on December 3rd, in the Waihi District Court, after pleading to 13 counts of non-payment of PAYE. Graham Pomeroy, Inland Revenue Assurance Manager, commented on the offences, saying “Failure to meet PAYE [...]

A Coromandel woman has been sentenced to seven months home detention and 200 hours community service for tax charges. Georgie Jensen was sentenced on December 3rd, in the Waihi District Court, after pleading to 13 counts of non-payment of PAYE. Graham Pomeroy, Inland Revenue Assurance Manager, commented on the offences, saying "Failure to meet PAYE obligations is a breach of trust between the director and the employees. But in Jensen's case, it wasn't just PAYE but also child support and student loan deductions”. Georgia ... Read More

Numerous changes to the Student Loans system have been approved by the Government. On the 18th of September it was announced by Peter Dunne, New Zealand Revenue Minister, that governmental allowances had been given to proposed changes to the student loan system. The changes were a product of consultation held in June. In a statement [...]

Numerous changes to the Student Loans system have been approved by the Government. On the 18th of September it was announced by Peter Dunne, New Zealand Revenue Minister, that governmental allowances had been given to proposed changes to the student loan system. The changes were a product of consultation held in June. In a statement , Peter Dunne said "As a result of hearing a wide range of views, the government has modified one of the main proposals that were presented for ... Read More

Numerous changes to the Student Loan system have been introduced in front of Parliament in a new Bill. The Student Loan Scheme (Exemptions and Miscellaneous Provisions) Amendment Bill was tabled in Parliament on the 4th of August. Revenue Minister Peter Dunne emphasized the need for an efficient and consistent student loan system, as the current [...]

Numerous changes to the Student Loan system have been introduced in front of Parliament in a new Bill. The Student Loan Scheme (Exemptions and Miscellaneous Provisions) Amendment Bill was tabled in Parliament on the 4th of August. Revenue Minister Peter Dunne emphasized the need for an efficient and consistent student loan system, as the current student loan amount has reached $9.6 billion, and currently has over half a million borrowers. Changes introduced into the system include the allowance of residence of Niue, the Cook ... Read More