Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search


'Green Market' part of $9 billion 'Black Market'

Annabel Young National Revenue Spokesperson

Sunday 15 April 2001

So-called 'Green Market' part of $9 billion 'Black Market'

So-called 'Green' barter activities are part or a $9 billion Black Market, yet the Finance Minister remains uninterested in confronting this tax dodge, National's Revenue spokesperson Annabel Young said today.

"The Green Market is just another form of the Black Market because the transactions are realistically not subject to income tax or GST. The $9 billion Black Market includes so-called 'Green' activity but the Government isn't doing anything to police it.

"Parliamentary questions have revealed that the IRD isn't policing the Green Market. There are no undercover operations to detect the extent of the market or to pick up large-scale operations. All they do is look at the odd bit of international research!

"The Green Party actively promotes bartering and 'people-to-people' activity which is a clear invitation to cut the taxman out of their business loop. They are a partner to the Labour-Alliance Government yet they are encouraging participation in this tax dodge. When transactions move from 'the odd pot of honey sold over the fence' to fencing and roofing you are entering a different scale of things.

"Honest taxpayers end up footing the bill when the Minister of Revenue doesn't treat this problem seriously and the Green Party encourages people to partake in what is effectively tax evasion.

"Greens are very pious about the environment but where do they stand when it comes to making sure that proper taxes are collected on regular, systematic work?" asked Annabel Young.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Also, Loan Interest: Productivity Commission On Tertiary Education

Key recommendations include better quality control; making it easier for students to transfer between courses; abolishing University Entrance; enabling tertiary institutions to own and control their assets; making it easier for new providers to enter the system; and facilitating more and faster innovation by tertiary education providers... More>>


Higher Payments: Wellington Regional Council Becomes A Living Wage Employer

Councillor Sue Kedgley said she was delighted that the Wellington Regional Council unanimously adopted her motion to become a Living Wage employer, making it the first regional council in New Zealand to do so. More>>


Scoop Images:
Dame Patsy Reddy Sworn In As Governor-General

This morning Dame Patsy Reddy was sworn in as the New Zealand Realm’s 21st Governor-General. The ceremony began with a pōwhiri to welcome Dame Patsy and her husband Sir David Gascoigne to Parliament. More>>


Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>


With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>


Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>


Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news