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11 Nov 2025 19:47
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  •   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

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     Today's News

    International:
    Donald Trump pardons multiple lawyers, aides for their role in 2020 'fake electors' scheme 18:57

    Rugby:
    All Blacks midfielder Billy Proctor believes the team's attack is still on its way to becoming a complete product 18:57

    Living & Travel:
    An upset victory in the New Zealand Trotting Cup at Addington 18:37

    Law and Order:
    The Government is taking the strongest statutory steps it can - to improve oversight of police 18:27

    National:
    The AI boom feels eerily similar to 2000’s dotcom crash – with some important differences 18:07

    Law and Order:
    A Northland woman's been sentenced to eight months home detention for dishonestly getting Covid support 18:07

    Environment:
    Torres Strait Islanders appeal federal court decision on landmark climate case 17:47

    Soccer:
    The injury list is growing for Auckland FC 16:57

    Law and Order:
    Police believe a shooting overnight in Christchurch's Wainoni - could be gang-related 16:57

    Law and Order:
    A man who shot and killed his friend on a night-time hunting trip had earlier smoked cannabis 16:57


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