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.

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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

Harry and Meghan have taken a four-day tour to Australia, where they've been combining visits to charitable causes alongside money-making events.

This is the pair's first time in Australia since 2018, where they visited as part of an 'intense' royal tour.

UK correspondent Gavin Grey unpacked the reactions further. 

LISTEN ABOVE

Harry and Meghan have taken a four-day tour to Australia, where they've been combining visits to charitable causes alongside money-making events.
This is the pair's first time in Australia since 2018, where they visited as part of an 'intense' royal tour.
UK correspondent Gavin Grey unpacked the reactions further.&nbsp;
LISTEN ABOVE

Gavin Grey: UK correspondent on the reactions to Harry and Meghan's Australia visit

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/18a5342e-72c1-482d-9c3f-b42d008668d6/transcript

Shares in A2 Milk dropped this week after the company downgraded their earnings forecast - after the business was hoping to increase their net profit for the June year.

A2 Milk has cited supply chain issues, partly relating to the conflict in the Middle East.

Milford Asset Management's Jeremy Hutton explained further.

LISTEN ABOVE

Shares in A2 Milk dropped this week after the company downgraded their earnings forecast - after the business was hoping to increase their net profit for the June year.
A2 Milk has cited supply chain issues, partly relating to the conflict in the Middle East.
Milford Asset Management's Jeremy Hutton explained further.
LISTEN ABOVE

Jeremy Hutton: Milford Asset Management expert on A2 Milk cutting their earnings forecast

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/78e4808e-1071-493d-b3f0-b42d00811868/transcript

Tonight on The Huddle, Auckland councillor Maurice Williamson and former Green MP Gareth Hughes joined in on a discussion about the following issues of the day - and more! 

Bunnings is set to begin rolling out facial recognition technology in some stores in order to combat retail crime. Do we think this is the way to go? Will other big stores follow suit?

Has the Government made the right call with the four-stage national fuel plan? Are we worried they're not taking things seriously?

Moana Pasifika is likely to shut down at the end of the 2026 Super Rugby season - what do we make of this? What do we think went wrong here?

LISTEN ABOVE

Tonight on The Huddle, Auckland councillor Maurice Williamson and former Green MP Gareth Hughes joined in on a discussion about the following issues of the day - and more!&nbsp;
Bunnings is set to begin rolling out facial recognition technology in some stores in order to combat retail crime. Do we think this is the way to go? Will other big stores follow suit?
Has the Government made the right call with the four-stage national fuel plan? Are we worried they're not taking things seriously?
Moana Pasifika is likely to shut down at the end of the 2026 Super Rugby season - what do we make of this? What do we think went wrong here?
LISTEN ABOVE

The Huddle: What went wrong for Moana Pasifika?

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/53deab92-6439-4427-807b-b42d007f6688/transcript

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

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