Tax Justice Aotearoa statement on CGT announcement
Tax Justice Aotearoa New Zealand is deeply disappointed
that the coalition Government has not moved on capital gains
tax and has failed to take up the challenge.
We are also
disappointed at how little effort was made, if any, to seek
or build a wider mandate for taking this once in a
Tax Justice Aotearoa New Zealand
will continue to advocate for better taxation of wealth in
this country, given its validity as a known way to tackle
wealth inequality is so widely accepted.
We will take time
now to review the measures that were promised today for
making inroads towards a fairer tax system, and other
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New Reports: Flood Risk From Rain And Sea Under Climate Change
One report looks at what would happen when rivers are flooded by heavy rain and storms, while the other examines flooding exposure in coastal and harbour areas and how that might change with sea-level rise.
Their findings show that across the country almost 700,000 people and 411,516 buildings worth $135 billion are presently exposed to river flooding in the event of extreme weather events...
There is near certainty that the sea will rise 20-30 cm by 2040. By the end of the century, depending on whether global greenhouse gas emissions are reduced, it could rise by between 0.5 to 1.1 m, which could add an additional 116,000 people exposed to extreme coastal storm flooding. More>>