Number of Building Consents on the Rise

The number of consents being issued in Ne Zealand is increasing since last year, and a significant portion of the growth can be attributed to a rising number of apartments. Late last week Statistics New Zealand issued a new statement showing that the number of building consents issued in New Zealand in January 2015 has […]
 

Tourist Spending up in 2015

International tourists coming into New Zealand spent NZD 7.3 billion in the country last year, a significant rise over the total spending in 2013. Late last week the Ministry of Business, Innovation and Employment issued a statement showing that over the course of 2014 international visitors coming to New Zealand spent an average of 13 […]
 

New Zealand Winemakers May lose Australian Tax Rebates

Winemakers throughout the New Zealand may soon lose out on as much as AUD 23 million, as the Australian government reevaluates a selection of tax rebates. According to a recent statement by the chief executive of the Winemakers’ Federation of Australia Paul Evans, the government of Australia may soon scrap the Wine Equalization tax rebate […]
 

Drought Afflicted Farmers Get Tax Relief

South Island farmers are being allowed to pay taxes late, as a means of helping them cope with drought conditions. Late last week the Inland Revenue Department issued a new statement that tax relief will be provided to farmers in selected drought-stricken regions in the South Island. The tax relief will come as the Inland […]
 

HSBC Leak Shows New Zealand Connection

The controversial information leaks from HSBC bank have shown that New Zealanders are associated with accounts worth more than USD 150 million. Earlier this week the International Consortium of Investigative Journalists released the results of a new investigation into information leaked from the HSBC bank, providing details regarding the involvement of New Zealanders with accounts […]
 

New Zealand 3rd Freest Economy in World

New Zealand has been named the third freest economy in the world, an improvement since last year. In its annual Economic Freedom Index, the Heritage Foundation has concluded that New Zealand has the 3rd freest economy in the world, only behind Singapore and Hong Kong. New Zealand was scored 82.1 points on the index, compared […]
 

Not Beersies Cost At Least 1.2 Million

The “Not Beersies” has failed to sway the opinions of heavy drinkers, and may have encouraged some to drink more. Late last week the Taxpayers Union issued anew statement with information on the cost and outcomes of the recent “Not Beerises” campaign aimed at encouraging lowered levels of alcohol consumption among New Zealanders, showing that […]
 

Kiwis Want Sugar Tax

New Zealanders are drinking 115 litres of sugar sweetened drinks per year, while more than a third of New Zealanders believe that such drinks should face higher taxes. According to the results of a recent survey, a large portion of New Zealanders support the imposition of taxes on the sale of products high in sugar, […]
 

Bed Tax Could be on the Way

The Prime Minister has voiced his support of a bed tax, but the Treasury claims that it would set a damaging precedent. While at a function in Queenstown on December 17th the Prime Minister John Key indicated that he supports the proposal to implement a bed tax in the city in order to pay for […]
 

Pollution Will Cost NZd 52 Billion for NZ

Enacting a carbon tax in New Zealand could help reduce the cost of pollution and fund tax cuts for everyday New Zealanders. The ultimate cost of failing to take action to reduce the levels of carbon emissions in New Zealand could result in a cost to the country of between NZD 3 billion and NZD […]