Live Breaking News & Updates on சூசன் ஸ்டம்ப் ஜான்
Stay updated with breaking news from சூசன் ஸ்டம்ப் ஜான். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
“Accumulated fortunes in real estate enable and entrench a landed gentry whose incentives to work and contribute in a meaningful way are blunted. But, they said, the Government had taken the view that neither a capital gains tax, land tax, stamp duty nor a wealth tax was the answer. Yet the widespread unease that the growing wealth divide in housing is socially damaging makes doing nothing untenable. Other tools such as bright-line tests, loan to value ratios (LVRs), and non-deductibility of interest for some landlords can be helpful, but they are by no means sufficient on their own.” They said a capital gains tax could achieve horizontal equity in theory but only if capital gains were measured on an accruals basis. It was more likely that capital gain would only be measured at sale and there would be questions for Inland Revenue to define when a person had bought and sold outside the bright-line test. ....
West Papua, Palestine and other critical issues – why is NZ media glossing over them? thedailyblog.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thedailyblog.co.nz Daily Mail and Mail on Sunday newspapers.
Voyager Media Awards – For those who comply thedailyblog.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thedailyblog.co.nz Daily Mail and Mail on Sunday newspapers.
An unemployment insurance scheme could cost anywhere between $450 million and $5 billion a year, depending on how many people lose their jobs, and how generous it is, the Ministry of Social Development (MSD) says. Minister of Finance Grant Robertson has indicated the government is looking at an ACC-style unemployment insurance scheme (file image). Photo: 123RF The government is pushing ahead with designing a social unemployment insurance scheme with Business New Zealand and the Council of Trade Unions. Such a scheme, which is common overseas, has been more seriously considered by the government in the aftermath of the economic shock from Covid-19 last year. ....
New Zealand has now had three “Wellbeing Budgets”: the prototype in 2019, the COVID-19 “Rebuilding Together” version in 2020, and today Finance Minister Grant Robertson announced the Labour government is “Securing our Recovery”. With Labour governing with an absolute majority, projected debt levels lower than initially forecast and nearly NZ$1 billion from last year’s COVID-19 recovery fund unspent, expectations for housing, health, climate change and welfare have been heightened. Here, our three experts respond to today’s budget and assess its implications in various crucial areas for the year ahead. A budget for middle New Zealand Jennifer Curtin, Public Policy Institute, University of Auckland ....