Traffic on the Auckland Southern Motorway has significantly improved following an earlier incident. Commuters can now expect smoother travel conditions along this major route. Plan your journey accordingly to avoid any delays.
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Budget 2025: Budget-night papers reveal effective 0.5% tax hike on 180,000 families, KiwiSaver changes may undermine growth agenda
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%...
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