Prime Minister Jacinda Ardern has issued a stark warning ahead of the May 17 Budget, saying the Government had discovered the budget situations in Health and Education were much worse than she expected when in Opposition.
Newsroom technology columnist Richard MacManus looks behind the IRD's guidance on cryptocurrencies. He finds confirmation that trading profits can be taxed, but vagueness remains on ICOs, utility tokens and whether to pay GST.
In this morning's email we watch as Jacinda Ardern and her transport ministers begin to thread their way through a political minefield.
Property ownership and voter turnout tend to go in tandem. Thomas Coughlan harks back to a time when renters weren't allowed to vote and wonders why renters are so cavalier about voting now.
Parliament is considering new tax rules to stop the likes of Apple, Google and Facebook shifting profits made here to low tax countries, but other companies argue the Government is taking a sledgehammer approach.
Two of the country’s big four banks say proposed legislation to prevent foreign companies from gaming our tax system could inadvertently criminalise bank directors, Thomas Coughlan reports
In today's email we note the release of the first report from the Tax Working Group, and covered the latest news in the political economy.
In this morning's email we look in detail at the new Tax Working Group and the parameters the Government has set for it.
Prime Minister-designate Jacinda Ardern has named the Labour ministers who will make up the new Government, as she prepares to speak to the Governor-General and iron out final coalition discussions.
Potential tax increases were one of the main weapons used by National in its election battle. But documents suggest the Government has been considering its own bump in revenue gathering to pay for transport spending. Shane Cowlishaw reports.