News | Business
18 Oct 2025 8:26
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    Concern about a lack of consultation on the High-Wealth Individuals Research Project

    Concern about a lack of consultation on the High-Wealth Individuals Research Project


    It's aimed at figuring out how much the ultra rich pay in tax, as a share of their economic wealth.

    Inland Revenue's started writing to 400 New Zealanders with a net worth of at least 20-million dollars, asking about their assets.

    PWC partner Geof Nightingale says the Government's using a power to collect this data, it didn't consult on and was rushed through.

    He says it's conducting a highly intrusive process with a power they granted themselves with no scrutiny.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     18 Oct: The rising cost of food is also affecting chocolate with popular Kiwi brand Whittaker's increasing its prices
     17 Oct: US dangled threat of Tomahawks for Ukraine, then Russia called to negotiate
     17 Oct: New Zealand Breakers coach Petteri Koponen is backing two of his imports to find their feet in tonight's Australian basketball league outing in Auckland
     17 Oct: A first of it's kind commercial seaweed bio-refinery in opening in Waikato's Paeroa today
     17 Oct: Fears interest rate cuts might've gone too far
     17 Oct: A warning the Reserve Bank is walking a fine line
     17 Oct: Fears inflation could come back into the picture as the OCR falls
     Top Stories

    RUGBY RUGBY
    Otago's pursuit of a first NPC rugby title since 1998 remains intact, after dispatching Bay of Plenty 41-17 in their semifinal in Dunedin More...


    BUSINESS BUSINESS
    The rising cost of food is also affecting chocolate with popular Kiwi brand Whittaker's increasing its prices More...



     Today's News

    Entertainment:
    Britney Spears has hit out at her ex-husband Kevin Federline's "constant gaslighting" 8:17

    Soccer:
    Brisbane have kicked off the new A-League season with a one-nil win over Macarthur at home 8:16

    International:
    Prince Andrew giving up his royal titles and honours after speaking with King Charles 8:06

    Rugby:
    Otago's pursuit of a first NPC rugby title since 1998 remains intact, after dispatching Bay of Plenty 41-17 in their semifinal in Dunedin 8:06

    Basketball:
    Work to do for the Breakers from the three-point line despite picking up their second NBL basketball win of the season 7:56

    Entertainment:
    The Duffer Brothers "stopped thinking about the future entirely" during filming for the final season of Stranger Things 7:47

    Golf:
    Kiwi golfer Daniel Hillier has navigated his way into the top 10 after the second round of the DP World Tour's India Championship 7:46

    Netball:
    The Silver Ferns have started their Constellation Cup defence in disappointing fashion following a 69-52 game one loss to Australia in Melbourne 7:46

    Politics:
    Kaipara has a new mayor, with official results confirming a very tight race 7:36

    Business:
    The rising cost of food is also affecting chocolate with popular Kiwi brand Whittaker's increasing its prices 7:36


     News Search






    Power Search


    © 2025 New Zealand City Ltd