Former IMF deputy director Michael Keen gives New Zealand’s tax system a robust tick of approval, while pondering future GST tinkering.
The Westpac McDermott Miller Consumer Confidence Index rose 5.4 points in June, although is still well below average.
Economy falls into recession faster than expected, giving RBNZ time to ‘watch, worry, and wait’.
Stats NZ data reveals two successive quarterly declines in the economy.
The situation and outlook primary industries report describes a year of two halves.
It again recommends New Zealand looks at comprehensive capital gains and land taxes.
‘Imported narrative’ not support by evidence, according to Sense Partners report.
Treasury secretary Dr Caralee McLiesh has delegated authority to pay up to $400 million a month as cost of large-scale asset purchasing programme rises.
RBA governor Philip Lowe explains why the cash rate target needed to rise again.
Inflation has forced the RBA to hike by 25bp to 4.1% today.