A new IRD report has found that the wealthiest New Zealanders pay tax at half the rate of ordinary people.

This IRD study reveals a sample of over 300 New Zealanders paid a median effective tax rate of 9.4 percent.

Revenue Minister David Parker said the report shows that "middle wealth" Kiwis pay higher tax rates than their richer counterparts.

ZB's senior political correspondent Barry Soper says Labour is utilising the 'politics of envy', a strategy that's worked well for them in the past.

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A new IRD report has found that the wealthiest New Zealanders pay tax at half the rate of ordinary people.
This IRD study reveals a sample of over 300 New Zealanders paid a median effective tax rate of 9.4 percent.
Revenue Minister David Parker said the report shows that "middle wealth" Kiwis pay higher tax rates than their richer counterparts.
ZB's senior political correspondent Barry Soper says Labour is utilising the 'politics of envy', a strategy that's worked well for them in the past.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Barry Soper: ZB senior political correspondent on the new IRD data revealing how much tax the wealthiest Kiwis pay

New Zealanders are staying in paid work longer in an effort to transition into retirement, according to a new study.

The average age Kiwi’s are choosing to retire has risen to 67 from 61, since the mandatory retirement age was eliminated in 2000.

Co-director of the Retirement Policy and Research Centre Michael Littlewood tells Jack Tame that New Zealand’s state pension is generous, but not enough to live on for some. But, the real reason people choose to transition from full-time work to full-time retirement is not known.

LISTEN ABOVE

New Zealanders are staying in paid work longer in an effort to transition into retirement, according to a new study. 
The average age Kiwi’s are choosing to retire has risen to 67 from 61, since the mandatory retirement age was eliminated in 2000. 
Co-director of the Retirement Policy and Research Centre Michael Littlewood tells Jack Tame that New Zealand’s state pension is generous, but not enough to live on for some. But, the real reason people choose to transition from full-time work to full-time retirement is not known. 
LISTEN ABOVE

Michael Littlewood: Co-director of the Retirement Policy and Research Centre on Kiwis working for longer to transition to retirement

Eden Park is reportedly set to win the battle of Auckland’s stadiums. The Sports Huddle discuss whether the stadium remains fit for purpose.

Plus, are the Crusaders underperforming or were expectations too high? Is it time to panic for Warriors fans? And, could NZ hold a second Supercars round?

Newshub Sport Presenter Andrew Gourdie and Newstalk ZB Deputy Sport News Director Elliott Smith join Jack Tame.

LISTEN ABOVE

Eden Park is reportedly set to win the battle of Auckland’s stadiums. The Sports Huddle discuss whether the stadium remains fit for purpose. 
Plus, are the Crusaders underperforming or were expectations too high? Is it time to panic for Warriors fans? And, could NZ hold a second Supercars round? 
Newshub Sport Presenter Andrew Gourdie and Newstalk ZB Deputy Sport News Director Elliott Smith join Jack Tame. 
LISTEN ABOVE

Sports Huddle: Eden Park v Waterfront stadium debate, Crusaders underperformance, Warriors third loss, second Supercars round in NZ

Eden Park is reportedly about to win the battle of Auckland’s stadiums.

On Monday, a working committee will make a recommendation to Auckland Council on whether to invest in Eden Park or one of the rival waterfront stadium bids.

NZ Herald Sports Columnist Trevor Mckewen tells Jack Tame as an existing location, Eden Park could be a cheaper option than others starting from scratch.

LISTEN ABOVE

Eden Park is reportedly about to win the battle of Auckland’s stadiums. 
On Monday, a working committee will make a recommendation to Auckland Council on whether to invest in Eden Park or one of the rival waterfront stadium bids. 
NZ Herald Sports Columnist Trevor Mckewen tells Jack Tame as an existing location, Eden Park could be a cheaper option than others starting from scratch. 
LISTEN ABOVE

Barry Soper: ZB senior political correspondent on the new IRD data revealing how much tax the wealthiest Kiwis pay

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