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.
Government & construction industry leaders signalled a shared commitment yesterday to transform New Zealand’s construction sector as they signed a construction sector accord.
Prime Minister Bill English said today the Government would progressively lift the age of eligibility for NZ superannuation from 65 to 67, starting in 20 years.
Green Party co-leader Metiria Turei refreshed the party’s home for life policy at the weekend with a progressive ownership plan and new financing models for community housing groups.
The fundamental change in national philosophy – away from extreme reliance on the Government as “backstop for everything” – took another large step this week when Prime Minister John Key & 2 of his 3 housing ministers announced their 5 objectives for social housing reform.
Prime Minister John Key & Finance Minister Bill English put government on a new timeframe yesterday – a horizon further out than the next election – setting 10 new targets for better public service under 5 themes to be achieved over 5 years, each with a minister & chief executive to lead the challenge.