The Labour Party’s proposed capital income tax targets earners whose gains are missed by the current system. We explain how this is different from other taxes targeting the wealthy.

Local government raises about 4% of New Zealand’s tax revenue. The equivalent in Denmark is about 36%. If the government believes in ‘localism’, it has to give councils more power to raise revenue.

In our first podcast of 2024, Shadow Treasurer Angus Taylor discusses the tax broken promise, where the economy is heading, falling inflation, and more.

Scammers have exploited a simple weakness in the myGov online portal to redirect hundreds of millions of dollars in tax refunds.