The Government canned a capital gains tax yesterday after the coalition parties failed to reach consensus on it, but Prime Minister Jacinda Ardern said the coalition had agreed to tighten rules around land speculation and work on ways to counter landbanking.
The Local Government Commission has upheld Auckland Council’s proposed changes to electoral ward boundaries for the October local body elections.
Government & construction industry leaders signalled a shared commitment yesterday to transform New Zealand’s construction sector as they signed a construction sector accord.
NZX & the Financial Markets Authority said yesterday they’d jointly initiated an industry-led review of New Zealand’s capital markets, called Capital Markets 2029.
The Reserve Bank went out to consultation on Friday on a proposal for bank owners to lift their shareholding stakes – their capital ratio – and thereby bear a greater share of the financial system’s risks.
I read a US newsletter at the weekend that looked at change resulting from self-driving electric cars, but not just about the vehicles themselves. My conclusion: Change is not going to happen overnight, but it will be rapid.