Inland Revenue has claimed New Zealand needs higher taxes, building off earlier arguments made by Treasury.

It sees scope to increase the goods and services tax (GST) rate - offering a cash transfer to low-income earners - and tax more capital gains.

NZ Herald Wellington business editor Jenee Tibshraeny explained further.

LISTEN ABOVE

Inland Revenue has claimed New Zealand needs higher taxes, building off earlier arguments made by Treasury.
It sees scope to increase the goods and services tax (GST) rate - offering a cash transfer to low-income earners - and tax more capital gains.
NZ Herald Wellington business editor Jenee Tibshraeny explained 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 IRD saying taxes need to rise

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/8477e20e-9f80-4991-892d-b42d008254e7/transcript

Over in the UK, Labour's Andy Burnham is standing in a crunch byelection - with concerns raised over what this could mean for Starmer's future.

Burnham is standing for the parliamentary seat of Makerfield in northwest England, and it's predicted he will try and oust the Prime Minister if he wins.

UK correspondent Enda Brady explained further.

LISTEN ABOVE

Over in the UK, Labour's Andy Burnham is standing in a crunch byelection - with concerns raised over what this could mean for Starmer's future.
Burnham is standing for the parliamentary seat of Makerfield in northwest England, and it's predicted he will try and oust the Prime Minister if he wins.
UK correspondent Enda Brady explained further.
LISTEN ABOVE

Enda Brady: UK correspondent on what the UK byelection could mean for Starmer's future?

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/bffadda6-f3ac-495d-8414-b46d008abc34/transcript

Kevin Warsh made his debut at the wheel of the US central bank today, and it's prompted a divided response.

The Federal Reserve unanimously voted to keep interest rates unchanged today.

Sam Dickie from Fisher Funds explained further. 

LISTEN ABOVE

Kevin Warsh made his debut at the wheel of the US central bank today, and it's prompted a divided response.
The Federal Reserve unanimously voted to keep interest rates unchanged today.
Sam Dickie from Fisher Funds explained further.&nbsp;
LISTEN ABOVE

Sam Dickie: Fisher Funds expert on Kevin Warsh making debut as Federal Reserve chair

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/430cc191-1cbe-4cdb-9460-b46d0087aa3b/transcript

Farmer confidence has fallen slightly, as the impacts of the Iran war continue to be felt.

Rabobank's latest survey shows 29 percent of farmers expect things to improve in the coming year, down from 39 percent last quarter.

Growers are feeling more negative.

The Country's Jamie Mackay explained further.

LISTEN ABOVE

Farmer confidence has fallen slightly, as the impacts of the Iran war continue to be felt.
Rabobank's latest survey shows 29 percent of farmers expect things to improve in the coming year, down from 39 percent last quarter.
Growers are feeling more negative.
The Country's Jamie Mackay explained further.
LISTEN ABOVE

Jamie Mackay: The Country host on Rabobank's latest survey showing farmer confidence has taken a hit

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/e5a96a69-e775-4894-8824-b46d0085b202/transcript

Jenee Tibshraeny: NZ Herald Wellington business editor on the IRD saying taxes need to rise

In 1 playlist(s)

Heather du Plessis-Allan Drive

Social links

Follow podcast

Recent clips