Meta and Google to Impose Digital Tax in New Zealand Starting 2025   New Zealand is set to introduce a bill this week that will enable the imposition of a digital services tax on multinational corporations like Meta and Google. The tax is slated to take effect from 2025, as reported on the 29th. Grant…

New Zealand Imposes Ban on Bottom Trawling for Marine Park Conservation   Announcement of Eco-Preservation Legislation for Hauraki Gulf Ecosystem near Auckland   Reports indicate that the New Zealand government plans to prohibit seabed trawling to safeguard the expansive marine park spanning 1.2 million hectares in the Hauraki Gulf. Under the new regulations unveiled on…

IMF Warns: “Continued Inflation until 2025 Unless Government Curbs Spending”   The International Monetary Fund (IMF) issued a stern caution through its annual report unveiled on Tuesday, August 29th. The report stipulates that unless the New Zealand government exercises fiscal restraint, it could confront prolonged high inflation until 2025. The IMF underscored that despite economic…

New Zealand Records a Total Population of 5.22 Million (June 2023 Census)   As of this June, New Zealand’s total population has been documented at 5.22 million individuals. According to the latest data from the statistics bureau, the total population until this June has witnessed an increase of 109,900 compared to the previous year, yielding…