Wealthiest paying tax at much lower rate than most other New Zealanders – IRD report   According to IRD, the wealthiest families pay a lower tax rate on their total income than the middle class   According to an Inland Revenue survey, the wealthiest Kiwis pay about 10% tax when all income and GST are…

Hawke’s Bay earthquakes: ‘Severe’ quakes strike region, felt widely across North Island   According to the New Zealand Herald on the 26th of April, a magnitude 5.9 earthquake occurred in the Hawks Bay area of ​​the North Island of New Zealand at 10:15 am local time. A 5.3 magnitude earthquake occurred three minutes later, followed…

United Airlines announce direct Christchurch-San Francisco route   The US ‘United Airlines’ will operate a direct flight connecting Christchurch and San Francisco. On April 19th, United Airlines announced that it will operate a direct flight between the two cities using the ‘Boeing 787-8 Dreamliner’ model starting from December this year. As a result, United Airlines…

Inflation rate falls big time in surprise result   New data from Stats NZ shows inflation was 6.7 per cent in the year to March – a surprise drop in the pace of increase through the March quarter.   The Consumer Price Index (CPI) for the first quarter of this year, released by the statistics…