The Department offers its latest discussion paper, \”Identifying the Resilience of the New Zealand Workforce in a Recession\”. This discussion paper examines some of the potential vulnerabilities faced by the New Zealand workforce as a result of the recession. Using New Zealand and overseas evidence, the paper combines the findings about the New Zealand
Month: September 2009
Economic Growth — June 2009 Quarter
Released on 23 September 2009 Economic activity increased by 0.1% in the June 2009 quarter following five quarters of economic contraction. Today’s result confirms that economic activity has begun to stabilise. However, growth in coming quarters is expected to be weak and the economic recovery is likely to be subdued as unemployment continues to rise
Major Tax Bill Passes
The Taxation (International Taxation, Life Insurance, and Remedial Matters) Bill has passed its final stages in Parliament. Introduced in July 2008, the omnibus tax bill gives effect to a number of business tax reforms. What are the main changes: The eagerly awaited payroll giving scheme for charitable donations, which will operate through the tax PAYE