Revenue Minister Simon Watts this month unveiled plans to change the Foreign Investment Fund (FIF) regime to give some foreigners with illiquid investments offshore an additional, possibly more advantageous, way of paying tax.

He said the Government would also consider exempting more Kiwis from the FIF rules, which incentivise domestic investment, but can be an administrative nightmare.

NZ Herald Wellington business editor Jenee Tibshraeny unpacked the current concerns - and explained why people are calling on the Government to go further.

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Revenue Minister Simon Watts this month unveiled plans to change the Foreign Investment Fund (FIF) regime to give some foreigners with illiquid investments offshore an additional, possibly more advantageous, way of paying tax.
He said the Government would also consider exempting more Kiwis from the FIF rules, which incentivise domestic investment, but can be an administrative nightmare.
NZ Herald Wellington business editor Jenee Tibshraeny unpacked the current concerns - and explained why people are calling on the Government to go further.
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

Jenee Tibshraeny: NZ Herald Wellington business editor on the Government looking to change the Foreign Investment Fund regime

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/6f653cad-5f89-4d43-9114-b2ac007795ee/transcript

A top economist advises thinking about working from home to save fuel.

Iran's maintaining its chokehold on the Strait of Hormuz - retaliating to the continued bombing assault by the US and Israel.

It's led Sri Lanka to move to a four-day working week from tomorrow. 

Westpac economist Kelly Eckhold says unless things change quickly, something will have to be done within the next three weeks. 

"Through the Covid period, we were able to save quite a lot of fuel with the hard lockdowns. We're not going to save anywhere near that amount, but it'll certainly help provide more fuel for the higher-priority users of it." 

LISTEN ABOVE

A top economist advises thinking about working from home to save fuel.
Iran's maintaining its chokehold on the Strait of Hormuz - retaliating to the continued bombing assault by the US and Israel.
It's led Sri Lanka to move to a four-day working week from tomorrow.&nbsp;
Westpac economist Kelly Eckhold says unless things change quickly, something will have to be done within the next three weeks.&nbsp;
"Through the Covid period, we were able to save quite a lot of fuel with the hard lockdowns. We're not going to save anywhere near that amount, but it'll certainly help provide more fuel for the higher-priority users of it."&nbsp;
LISTEN ABOVE

Kelly Eckhold: Westpac economist on whether more people will need to work from home following Middle East crisis

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/86bb4619-93e9-4ea1-afe3-b4100060a7a9/transcript

There's fears there'll be no slowdown any time soon to the rapid rise in food prices.

Stats NZ figures show they rose 4.5 percent in the year to February.

Steak, mince and chocolate all shot up more than 20 percent.

Infometrics head, Brad Olsen, says the spike in oil prices because of the war in Iran will do nothing to help. 

"We know that not only oil prices are key to transport costs, but also just the production. Now if you're a farmer, you've got to use diesel to move stuff around to run the tractor and everything else. So this is going to hit."

LISTEN ABOVE

There's fears there'll be no slowdown any time soon to the rapid rise in food prices.
Stats NZ figures show they rose 4.5 percent in the year to February.
Steak, mince and chocolate all shot up more than 20 percent.
Infometrics head, Brad Olsen, says the spike in oil prices because of the war in Iran will do nothing to help.&nbsp;
"We know that not only oil prices are key to transport costs, but also just the production. Now if you're a farmer, you've got to use diesel to move stuff around to run the tractor and everything else. So this is going to hit."
LISTEN ABOVE

Brad Olsen: Infometrics Principal Economist on data showing food prices rose 4.5 percent in the year to February

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/e87e1619-78e8-4c49-a8ab-b41000586915/transcript

A return towards decentralisation is being painted as Health New Zealand's next chapter.

The Government's reverting to giving hospitals more control - letting them decide staffing, budgets, and service delivery from July.

It's adamant it's not a return to District Health Boards, with planning still done nationally.

Acting chief executive Andrew Brant says Health NZ's finances are looking good and it's delivering more, but this ensures improvement continues.

He explained the key change is bringing the operating model much more into the frontline - and communities into decisions.

LISTEN ABOVE

A return towards decentralisation is being painted as Health New Zealand's next chapter.
The Government's reverting to giving hospitals more control - letting them decide staffing, budgets, and service delivery from July.
It's adamant it's not a return to District Health Boards, with planning still done nationally.
Acting chief executive Andrew Brant says Health NZ's finances are looking good and it's delivering more, but this ensures improvement continues.
He explained the key change is bringing the operating model much more into the frontline - and communities into decisions.
LISTEN ABOVE

Andrew Brant: Health NZ acting chief executive on the planned move towards decentralisation

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/50696b54-a4e9-4a9d-a42f-b41000541a98/transcript

Jenee Tibshraeny: NZ Herald Wellington business editor on the Government looking to change the Foreign Investment Fund regime

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