New Zealand Prime Minister Chris Hipkins revealed that he struck down a wealth tax and capital gains tax (CGT) that the Labour Party had been working on for the 2023 budget. “I’m confirming today that under a government I lead there will be no wealth or capital gains tax after the election. End of story,”…
New Zealand Prime Minister Vows No Wealth, Capital Gains Tax Ahead of Election
New Zealand Moves to Lower Voting Age in Local Elections
New Zealand Prime Minister Chris Hipkins announced his government will not introduce legislation to lower the voting age for general elections to 16 following a Supreme Court decision in November that declared the current voting age “discriminatory.” As part of his announcement for wide-ranging policy changes, Hipkins said that rather than pursuing legislation to lower…
Popularity of Ardern’s Labour Party Plummets According to New Poll
The New Zealand Labour Party’s popularity has fallen to the lowest level since it came into government, according to a new Newshub-Reid research poll. Labour dropped 5.9 percentage points to 32.3 percent, while its opposition, the National party, had edged up 0.2 points to 40 percent. For the minor parties, the right-leaning ACT hit 10…
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