Money
Tax expert on government KiwiSaver fees tax backdown
'Take your hand out of the cookie jar' was the public backlash to the government's proposed GST tax on KiwiSaver accounts.
This led to the proposed bill - which would have netted it hundreds of… Audio
Mortgages expected to go into arrears as inflation rises - Centrix
The latest data from credit bureau Centrix shows overall arrears went up 13 percent year-on-year in July.
Feeling that fiscal drag? Why you could be worse off even if your pay has gone up
Analysis - As tax is in the news, what is fiscal drag and why is it back in the minds of government officials fighting inflation?
Power Play: KiwiSaver tax dropped like a political hot potato
Power Play - After kicking open the door to tax changes - a major vulnerability for the party - Labour has quickly slammed it shut again, RNZ Political Editor Jane Patterson writes.
Auckland Council's latest financial results signal tough times ahead
The Auckland Council Group's latest results show it has managed to weather the worst of the pandemic's storm.
Government drops plans to charge GST on KiwiSaver fees
The government has dropped its plan to put GST on KiwiSaver fees after fierce backlash from the public and opposition.
What does proposed KiwiSaver change mean for account holders?
The government plans to charge GST on fees paid on KiwiSaver accounts from April 2026, potentially netting it hundreds of millions more in taxes.
University of Canterbury Professor Adrian Sawyer… Audio
'We need to stop this right now': KiwiSaver fees plan a tax grab - Luxon
National leader Christopher Luxon wants plans to charge GST on KiwiSaver fees scrapped, saying he was getting complaints until 2am today. Audio
Second Cost Of Living Payment hitting banks tomorrow
The government's second Cost of Living Payment is due to land in bank accounts tomorrow.
The payment caused a fiery debate in the House yesterday amid concerns the first instalment went to many wrong… Audio
Revenue Minister defends KiwiSaver fees GST change
There has been swift reaction to the government wanting to charge GST on service fees of managed funds including Kiwisaver.
The funds, are currently exempt from the 15 percent goods and services tax… Audio
Government considers charging GST on Kiwisaver fund fees
The government wants to change the way GST is applied to service fees charged by managed funds.
These funds, such as Kiwisaver, are currently exempt from the 15 percent goods and services tax - but… Audio
Finanical Services Council criticises possible Kiwisaver change
The government plans to charge GST on top of Kiwisaver fees - as part of a tax bill introduced to Parliament.
It's estimated to bring in $225 million a year in tax from 2026, and is expected to have… Audio
Inflation likely to remain high for several years, economists predict
New Zealanders are expected to face a tough year with inflation, housing and a tight labour market set to put the screws on the economy.
Plan to charge GST on KiwiSaver fees 'a wealth tax' - fund manager
The government plans to charge GST on fees paid on KiwiSaver accounts from April 2026, potentially netting it hundreds of millions more in taxes. Audio
Many retirees with mortgages have little left after housing costs
Retirees paying off mortgages are spending significantly more of their superannuation on housing costs, new analysis shows.
Bullish investors pour $1b into new radiology services in a year
Government health reforms are one reason for the rapid expansion in radiology services in Aotearoa.
'Do the right thing' poverty action advocates tell govt as refunds unfairly taxed
"You guys have the power to do the right thing so why don't you." That message to the government from an advocate who says wrongly sanctioned beneficiaries are being punished again by tax laws.
… Video, Audio
Women refunded by MSD now hit with unjust taxes - advocates
Women who have been refunded by the Ministry of Social Development after being wrongly sanctioned are now being punished again by being double-taxed, beneficiary advocates say.
Under section 70A of… Video, Audio
Is NZ ditching fish 'n chips for cheaper options?
An Auckland fish and chip shop owner says oil prices have tripled in three years as his family business tries to keep costs down and customers happy. Video, Audio
Auditor General urges more accurate cost of living payments
The Auditor General has told Inland Revenue to better focus its future cost of living payments to ensure they go only where they're supposed to.
It was a key budget announcement but the first round… Video, Audio
