Directors who dodge their tax debts
Last year, Inland Revenue wrote off $694.5 million in company tax debt. Much will never be recovered because the companies that owed it no longer exist – at least not in their original form. Read more
Last year, Inland Revenue wrote off $694.5 million in company tax debt. Much will never be recovered because the companies that owed it no longer exist – at least not in their original form. Read more
Last week, Sir Bill English told RNZ that New Zealand has reached “amazing, almost bipartisan” agreement on housing. Coincidentally, we recorded Part 2 of our Competitive Urban Land Markets podcast around the same time with former Housing Minister Phil Twyford. Read more
When everything had gone wrong and Homer Simpson couldn’t afford Christmas presents for the family, he took a punt. He went to the dog track and bet on a promisingly named greyhound: Santa’s Little Helper. Read more
This week, Commissioner Richard Chambers announced new targets for trust and confidence in police. They will mean little if the organisation continues to treat deliberate dishonesty as a minor employment matter. Read more
Every year, Inland Revenue writes off hundreds of millions in tax debt – $694.5 million last year alone. The money vanishes through the same predictable loopholes, exploited by the same cast of characters: directors who accumulate GST and PAYE debts, then walk away scot-free by abandoning their companies. Read more
Walk through Wellington, and you will see plenty of empty shopfronts and shuttered cafes. Switch on the radio, and you will hear experts say this is the best time to buy a house in years. Read more
Damien Grant isn’t normally the one making the case that the government needs to take more in tax. The liquidator and libertarian-minded columnist over at the Sunday Star Times more typically wants what libertarians generally want – a government that spends less and that can let each of us keep more of our own money. Read more
When plans to abolish regional councils were first rumoured, I was more than mildly sceptical. It isn’t that I’m a giant fan of regional councils; I couldn’t name more than a couple of my own regional councillors, and I bet most of you can’t either. Read more
If you enjoyed Fifty Shades of Grey (either the book or the movie), there’s no guarantee that you will enjoy Fifty Shades of Grades, the research note on grade distribution at New Zealand universities that I released earlier this week. Still, I like to think that the latter has enough titillating detail, spanking new analysis, and breath-taking climaxes (if only of series of data) to satisfy most readers. Read more
On Monday morning, Eric Crampton and I appeared before the Environment Select Committee to present the Initiative’s submission on the Fast-Track Approvals Amendment Bill. It is well known that the Bill, and the fast-track regime more generally, is controversial among environmentalists. Read more
The Economist, not known for hysteria, has quietly announced that advanced economies are halving their populations every generation. A demographic magic trick. Read more
It is strange to observe a nation act irrationally and against its own interests. Stranger still when that nation is your own. Read more
A familiar lament has resurfaced in recent weeks: that Robert Muldoon’s decision to cancel Norm Kirk’s 1975 compulsory superannuation scheme cost New Zealand a trillion-dollar nest egg. The Government’s weekend signal of higher KiwiSaver contributions has given that argument new life, encouraging some to reach again for the comparison. Read more
On Thursday, Ukrainian President Volodymyr Zelensky faces an impossible choice. Sign the “peace plan” drafted primarily by a New York real estate developer and a Moscow financier. Read more
When NCEA was introduced in 2002, one of its goals was to improve the uptake and reputation of educational pathways leading to trades and industry. It was assumed that assessing vocational skills for NCEA alongside subjects like mathematics and history would help to accomplish this. Read more