Just-released pre-pandemic stats show that rises in disposable income have been matched by skyrocketing housing costs. And that poses a conundrum for the prime minister, writes Max Rashbrooke. Jacinda Ardern’s critics, who see her as unable to solve the housing crisis or make meaningful progress on tackling poverty, will be emboldened by yesterday’s release of … Read more
ACC has just started issuing their first bills to self-employed people for two years, and it’s exposed major shortcomings in the ACC levy system, writes James Fuller. In the last week or so, thousands of self-employed New Zealanders will have received their first ever ACC bill. For many it will be a confusing and frustrating … Read more
With the global economy due for another slowdown, coupled with major economic disruption caused by Covid-19, we’re standing on the precipice of what looks to be a long and hard global recession. So what can we do to protect ourselves? Accountant and financial blogger Sam Harith has some advice. 1. Identify your personal income stream(s) … Read more
Not paying NZ Super out to those on incomes of $100,000 or more would save taxpayers around $608 million. Is it time we shake up who gets paid and what? RNZ‘s Nita Blake-Persen reports. The number of New Zealand retirees getting their superannuation while earning more than $100,000 has topped 30,000, costing taxpayers more than … Read more