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Labour Party

Real incomes fall 4 pct, CTU says

Real incomes fall 4 pct, CTU says
Wellington, Oct 7 NZPA - Figures showing median weekly incomes have stagnated for two years, mean that when adjusted for inflation they have fallen more than 4 percent, the Council of Trade Unions says.

Public will now judge tax cut-GST merits

Public will now judge tax cut-GST merits
Wellington, Oct 1 NZPA - All the arguments about the pros and cons of tax cuts and GST rises have been had and now it will be up to households to decide whether they are better off or not. Today the Government's tax package kicked in and GST went up from 12.5 percent to 15 percent.

Debate continues on eve of tax reforms

Debate continues on eve of tax reforms
There will be immediate gains for most when the Government's tax reform package takes effect tomorrow, but the extent of those gains in the wider scheme of things remains open for debate. Chris Ormond of NZPA reports.

General welcome for overseas investment changes

General welcome for overseas investment changes
Wellington, Sept 28 NZPA - Government changes to rules about overseas purchases of New Zealand land do not protect the country's long-term interests, Labour says.

National and Labour face tax cuts showdown

National and Labour face tax cuts showdown
By Peter Wilson, NZPA Political Editor Wellington, Sept 26 NZPA - Will you be better off this time next week? The Government says you will, the Labour Party says you won't.

NZ seen as resource-rich country at policy forum

Wellington, Sept 20 NZPA - Presentations by Roderick Deane and Don Brash to a New Zealand Business Roundtable organised policy forum this month argued that New Zealand is a resource rich country and that exploration of Crown land should be allowed.

NZ dollar rises as rates, PM decision weigh on Australia

NZ dollar rises as rates, PM decision weigh on Australia
Wellington, Sept 7 NZPA - Events across the Tasman -- a no-change in interest rates and an expected decision about the Australian government -- pushed the New Zealand dollar higher in a late run against its Australian counterpart.

Deposit guarantee story told in new book by Bollard

Deposit guarantee story told in new book by Bollard
Wellington, Sept 4 NZPA - The crown retail deposit guarantee scheme that picked up the tab for the collapse of South Canterbury Finance was hastily crafted in a war room in Wellington on a Sunday in October 2008 in response to fears of a run on banks.

Savings working group won't deliver answers, Labour says

Savings working group won't deliver answers, Labour says
Wellington, Aug 25 NZPA - The Labour Party is calling for "bold action" to improve New Zealand's savings rate and says setting up a working group to investigate options won't deliver answers.

Holiday trade-In bill passes first reading

Holiday trade-In bill passes first reading
Wellington, Aug 24 NZPA - Legislation allowing workers to trade in their fourth week of leave for cash and giving employers the right to demand a medical certificate for one day of sick leave passed its first reading in Parliament today after protests from the Labour Party and the Greens.

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