Articles tagged Finance and Expenditure committee

Lawyers and accountants have described the IRD's drafting of the proposed Residential Land Withholding Tax as incoherent and inconsistent -- potentially resulting in an “own goal” for the government that would slow the rate of house building in Auckland.

The freeze on public sector spending is unlikely to thaw any time soon, with Finance Minister Bill English saying the Government was looking to further shrink spending as a proportion of GDP. He even hinted the Government could cut costs by digitising more Government work and putting it into the 'cloud'.