The Government released its 2025 Budget, featuring a $6.6 billion tax change aimed at stimulating economic growth, alongside cuts exceeding $21 billion over four years. Approximately 180,000 families will experience a 0.5% increase in their effective marginal tax rate, although other tax credit changes will ensure they remain better off, despite concerns that the higher rate may discourage work. Additionally, while a reduction in the corporate tax rate was considered, officials opted for a 20% expensing scheme instead, citing potential risks to the growth agenda due to cuts in KiwiSaver subsidies.
Full Article
Coroner slams police, calls for fresh investigation into Gore tot Lachie Jones’ death
A coroner has called for a comprehensive police reinvestigation into the 2019 death of three-year-old Lachie Jones, emphasizing the need to address unanswered questions about his accidental drowning. Coroner Alexander Ho criticized the initial police response and confirmed that Lachie's mother, Michelle Officer, did not contribute to his death. More Context
Read more